Corporate finance

this essay, I will explore what accounting and finance is and why I have chosen to study it at the University of Birmingham. Accounting and finance are two separate disciplines that have some similar characteristics. The main difference between accounting and finance is that finance focuses on the present and future whereas accounting focuses on the past (Aspillera, 2014). The University of Birmingham is amongst the top providers for accounting and finance due to its credibility, infrastructure…

example, when an invoice is issued on the sale of goods on credit, the company that sold the goods has a financial asset (the receivable, whereas the buyer has to account for a financial liability (the payable). Therefore, the short-term is a type of finance that can be used by a corporation to improve inventory orders, payrolls, and regular supplies over a period usually a year. It involves commercial paper, promissory notes, letter of credit, et al. 1. Commercial paper is an unsecured and…

On the other hand, bond also act as a source of finance. The bond is one of the debt securities (debt instruments) which issued by issuer and sell it to the investors. The bond will act as a loan whereas the issuer is the borrower and the investor is the lender, the coupon is the interest. (Certified Financial Planner, 2015) Every bond will have a maturity date and also the par value. Maturity date (due date) is the date that the loan will be paid off and the par value is the nominal value of a…

A firm can finance their investments using two financing types, debt or equity. For more than half a decade, scholars have been debating about the optimal amount of debt and optimal amount of equity that maximize the market value of a firm. Capital structure is defined as the type of the funds, equity capital or debt capital, a company uses to finance its operations and investments. According to a survey among CFOs of 392 companies, only 19 percent of the companies avoid having a target capital…

We had choosen IJM Corporate Berhad as our company for this project. IJM Corporate Berhad was established on 16 July 1983 but there was in the name of Solidstate (M) Sdn Bhd at that time. After that, the company name had been changed to IJM Corporate Berhad on 16 December 1989. IJM is one of the main corporate conglomerates that listed in the Bursa Malaysia Securities Berhad. Its name also on behalf of a combination of IGB Construction Sdn Bhd, Jurutama Sdn Bhd and Mudajaya Construction Sdn Bhd.…

The company is organized around ten divisions that contribute to delivering service to the customer. The Investment Management Group oversees management of the firm’s investment products for four business lines (Institutional, Retail, International and Financial Advisor Services). The business lines deliver the firm’s products and services to the world: I. Institutional – services institutional clients, financial advisors, as well as retirement plan sponsors and participants. II. Retail –…

Accounting is an extensive recording of financial transactions relating to business. It is important to any business because it is the primary function that help measures a company's profit. Financial statements are prepared using the generally accepted accounting principles (GAAP). It is a detailed breakdown of a company's operations, financial state, and cash flows. In order to accomplish the mission of Durango Manufacturing Company being successful, you should refer to financial management…

Based on my academic background, I have been studying and working in Canada for 7 years. I was studying in the major of Bachelor of Administrative Studies-Specialized Honours in Finance Program at York University between 2012 and 2014. After that, I am working as a bookkeeper in a Markham company for almost two years. Now I am applying for Master of Financial Accountability at York University. Through this statement of interest, I will discuss my personal and educational background, working…

those times, how the market at that time was, consumer mindsets, attitudes and the challenges faced by marketers. These cases were actually handled by FCB Ulka team for clients in sectors as diverse as consumer products, consumer durables, services, corporate and rural inputs. “Advertising is nothing but salesmanship in print” - John Kennedy 1904 (Copywriter) Till the term “Salesmanship in print” was coined, advertising was seen as information dissemination, and only later acquired the…

values of Japan and China The following four main PRE-IFRS development factors have the biggest impact on international business accounting practices: source of finance, legal system, taxation system and political and economic ties (Meek & Saudagaran, 1990). Once you know a nation’s PRE-IFRS developmental factors, particularly Source of Finance, then you are able to predict the cultural dimensions that will be in place as they are all linked. This means that Hofstede’s cultural dimensions and…