Financial statements

credit, banks will check your credit score to make sure that you pay your debts in time. It is essential for any type of credit such as credit cards or loans. However, credit score seems like a small three-digit number but it impacts greatly on your financial capability. This is why it is important to keep a record of your credit score every time you are planning to invest or looking for a credit. We have compiled a list of four important facts associated with credit scores that will create a…

Sacrificing something personally for the interest of the company is known as loyalty assuring that employee has an ethical responsibility to be loyal employee. In regards to Philosopher Ronald Duska statement, no employee should put stake personal sacrifices because no employee has an ethical responsibility of putting through loyalty unless it is based on mutual relationships between employer and employee for mutual benefits. Keeping that in consideration…

.2 RFQ Process Although this is mentioned procurement documents it is unclear how this distribution will be done. Distribution of Bid document will all the bid documents be advertised and/or electronically (website) distributed, and if so where? Or will they be distributed to the invited bidders and pre-qualified bidders only? It is unclear how local and/or international bidders can gain access to bidding documents. The time posting guidelines for each type of procurement was not clearly…

ACCT525 Week 7 Assignment The CPA Horizons 2025 is a road to the future and it is a major step in the right direction by AICPA. The initiative has been on going for about a year and the professional body has come up with ideas on what’s the new big thing for CPAs to focus on and the accounting profession as a whole. CPA Horizons 2025 brings about insights from more than 75,000 comments from CPAs from all sectors of the accounting profession and to discuss what is at stake and challenges that…

banks and other official institutions. • It is responsible for the monetary and banking policies of the bank. • It also manages Australia’s gold and foreign exchange reserves. 2) Describe the place of ethical principles, behaviors and cods in the financial services…

Considering Top Notch’s financial condition, there are multiple ethical issues that are being presented to the company, its President and Vice President and myself. For the company, the ethical issue is that should it fake the information on the company's cash position and balance sheet to continue getting the funds from First National Bank or be honest with them and ask for an extension to pay the interest amount. This is an important issue for the company because bills over $12,000-$15,000 are…

takes. As an example from a while back, but still seen as one of the largest Ponzi schemes in history the Madoff Fraud Case. This case took a while for the SEC to catch onto what was going on. As we learned in class the SEC is out there in the financial industry to keep the stock market fair and honest. The SEC authority is given by congress and allows them to bring in civil enforcement against companies or individuals breaking any type of SEC rule. Things like bribery, invalid information, or…

Refreezing occurs when changes are modeled. People have started to grasp the idea. Refreezing fastens the changes into the company’s culture. (Lewin, 1939) Kotter indicates that many change initiatives fail because victory is declared too soon. Leaders should continue to improve. Improvement allows you to build upon what you’ve learned and further imbeds the system. What leaders can do at this time is analyze the wins and look for ways to improve, continue to create momentum by setting goals,…

Strong financial position  Strong bargain power  Financial performance OPPORTUNITIES  Acquisitions and Takeovers  Emerging markets and expansion abroad WEAKNESS  No loyalty scheme  Signs point to serial acquisitions THREATS  Increased Competition  Economic slowdown  External changes (government, politics, taxes, etc)  UK structural change Table 1 – Swot Analysis 2.1.1…

the elderly couple, as investors and the CPA financial advisor as the employee of Goldman Sacks. As a CPA, the financial advisor must adhere to the AICPA Code of Professional Conduct as well as act in the most ethical way. The Code of Professional Conduct requires one to perform due care, competence, professional skepticism and professional judgement. The preferred products sold through Goldman Sacks come with the best commissions and as the financial advisor, there is pressure to sell these…