Risk in finance

that controls our lives. It controls a person’s nourishment, warmth, and shelter. It controls your health and education. It controls your social worth and most importantly, it controls your future. There are so many complicated aspects to personal finances that are used in everyday life, such as, taxes, savings, investing, and loans. These concepts, don't come easy to many adults and especially high school students who are just getting their first part time jobs. I know many high school…

the Initiative The year 2002 is a critical year for the Equator banks. It is critical in the sense that these banks convened a meeting in London to discuss the impact their activities on project finance were having on environmental and social related issues. There was a growing concern that the project finance industry was not appropriately involved in making the world a better place to live. This claim, which came from civil groups, tarnished the reputation of the Equator banks, who now…

Feasibility- feasibility means “that the organisation is capable of carrying out the proposed strategies” (Louw & Venter, 2013:283). When testing a strategy for feasibility, the organisation evaluates it in terms of the finance and resource availability, its ability to meet the industry and customer demands, and whether the strategy can lead to and / or sustain competitive advantage (Louw & Venter, 2013:283). An organisation may lack the technical skills for the strategic…

The characteristics of different business markets are dependent upon what product or services an organization produces or provides and the type of buyer they want to attract. Business to business, businesses sell to each other e.g. accountants specializing in business accounts. Consumer markets; products and services are sold by businesses to consumers e.g. supermarkets and cafes etc. A service market is where a business sells its services directly to individual consumers for example…

forcing many to curtail services, reduce employee benefits, and trim the workforce, calling into question the fiscal sustainability of many state governments” (Thorton, 2012). Therefore, it is necessary to complete an analysis of the organization’s finances. The comprehensive annual financial report (CAFR) can be used to show accountability to an organization’s stakeholders through transparency. This type of financial report helps communicate an organization’s financial situation to the…

either the greatest with a feeling of accomplishment and or worst day of your life with a feeling or failure. Financial analysts must have a bachelor’s degree usually in accounting, economics or finance. Having a MBA which is a masters in Business Administration is often required or masters in finance is also accepted. Having good…

future while the taxpayer may have nothing to show for his or her tax contributions. Therefore, it goes against the idea of fairness and morality in the public’s eye. In laymen’s terms, it is not fair that businesses get to use taxpayers’ money to finance their irresponsible habits of poor investment decisions. Nicolaisen (2015) argues, “When the authorities bail out banks, some parties are spared the consequences of their own choices. Bailing out investors and owners using public funds…

The business scandal that occurred at Fannie Mae Chocolate Industry was when they manipulated accounting to collect millions of dollars in underserved bonuses and deceive investors. They were fined for 400 million dollars. Fannie Mae struggled to emerge from an $11 billion accounting scandal.The penalty that was given for them was the largest penalty ever in a accounting fraud case.The company also agreed to limit the growth of its multibillion-dollar mortgage holdings. Fannie Mae never admitted…

of parties show interest in knowing how an economic unit is doing financially, “these include business managers, owners, creditors, governmental units, financial analysts, and even employees.” (Walther, 2012). Accounting is important in personal finances because it shows clearly and tangibly how a person is doing financially and what financial…

academic pursuit significantly: it intrigued my interest in pursuing a finance-related career, which later led me to declare a major in Economics. I am particularly interested in Fordham’s graduate program in Financial and Monetary Economics. I have truly enjoyed my undergraduate courses in Economics, especially Corporate Finance and Financial Markets, from which I learned the basics of firms’ investment and financing decisions, risk and sensitivity analysis, debt, equity, and derivative…