Corporate finance

Budgeting and why we should Chapter 5 talks about financial plans and budgets, so what financial tools described in this chapter can help me make better financial decisions? The financial tool described in this chapter that can help me make better financial decisions are various budgeting methods, comprehensive budget and specialized budget. These include the cash budget, cash flow budget, specialized budget, tax budget. Other financial tools include financial statements, accounting for risk…

Yes, chapter 5 states that leaders have a strong set of ethics; however, The Economic Case for Bribery paper shows that there is a high number of corruption in businesses, where leaders take place. In addition, chapter 5 mentions that true leaders have a high degree of trust between the leader and followers, but what about when the leader commits fraud and followers help to it. Chapter 5 and The Economic Case for Bribery has different points of view that contrast each other. 2. The research…

Today's market for real estate market is better than ever. If you have money to invest there is no better way to invest than in real estate and no better time to invest than now. Anyone can learn the secrets to making big money with real estate investing. Those with some money available should begin now to learn how to buy and sell houses for profit. Actually real estate investing is easier and safer than investing in the stock market right now. You'll also find that real estate investing is fun…

On August 4, 2009, the Securities and Exchange Commission (SEC) fined General Electric Company (GE), $50M for reporting false and misleading financial statements. The transactions occur were not in compliance with Generally Accepted Accounting Principles (GAAP). Furthermore, the four accounting violations occur in 2002 and continued through 2003. The SEC identified risks that uncovered four separate accounting violations, and GE corrected the last of the violations in 2008. The violations are as…

For my wild and precious life I strive to become a Certified Financial Officer (CFO) of a globally renowned music recording company known as Universal Music Group (UMG). The recorded music business discovers and develops recording artists and then markets and promotes their music across a wide array of formats and platforms. UMG is comprised of artists across many genres and they currently have over 50 music labels locally and internationally. Music has always been a passion of mine, and what…

One thing that people fail to realize includes the importance of investing. Although investing remains difficult for some, it remains fruitful for others. Therefore, one can point successful investors such as Timothy Armour as an example. Moreover, Timothy Armour summarizes an investor who has worked their way to the top of success. Furthermore, Timothy Armour has used his influence to positively impact the world of investing. For over 32 years, Timothy Armour has represented Capital Group…

Like others in Washington, DC who are struggling with overwhelming debt, you may have considered filing for Chapter 7 bankruptcy. This option is not always right for every person and situation, however. Understanding the pros and cons of declaring Chapter 7 bankruptcy may help you determine if this is the right option for you. One of the largest disadvantages of Chapter 7 bankruptcy is that not everyone is eligible. According to the United States Courts, some of the eligibility requirements for…

Many people spend hundreds of dollars on the lottery and other forms of gambling, believing that it will make them rich. People who are not so wealthy enjoy the idea of becoming instantly rich just by buying a cheap ticket. It's fun to dream of a better life. People feel hopeful when they think about winning the lottery and being able to get away from their financial problems. As a matter of fact, people who feel poor are much more likely to buy lottery tickets, and to spend a large proportion…

This week’s lecture and viewing of the film Life and Debt opened my eyes to an inequality I had not really considered, global inequality. Whenever I considered the idea of inequality I thought about how certain people in a community had more access to resources than others. I had never really contemplated how certain governments were systematically oppressing other governments and therefore the people of those nations. Life and Debt’s focus on Jamaica shows just how vast of an impact this idea…

PwC’s business has oversight from the U. S. Securities and Exchange Commission (SEC). The SEC was established by Congress in 1934 as a result of the market crash known as the Great Depression. Its role is to monitor the securities industry and capital markets. One of the core basis’ for the SEC was to secure truth from companies regarding their investments activities and ensure stability in the marketplace for investors. It is because of the SEC that Americans can put money in the bank,…