Finance : Page - 10

BHP's Fayetteville ProjectBusinesses come to know of impairment when their financial statement that carry the amount from asset groups or long lived asset exceeds the fair value and cannot be recovered. Any carrying amount becomes unrecoverable when it gets greater than undiscounted cash flow sum that is expected from the use of the assets as well as the eventual disposal. FASB has defined impairment loss to be the amount in which the value ca...

Importance of Hazard AssessmentIn essence, most managers in business organizations are required to come up with strategies that are likely to safeguard its workers against any likely risks in a particular business. Apparently, this is important considering the industrialization that has taken shape in the contemporary world. In this light, a hazard assessment, as well as controls, helps in creating safe workplaces in a firm (Akyuz, Celik, &...

Capital Market Linea. The Capital Market Line (CML) establishes a relation between the risk and return of an efficient portfolio. The risk in Capital Market Line is calculated using variance or standard deviation. Whereas the Security Market Line (SML) depicts a relation between the expected returns and beta of any portfolio. In the Security Market Line beta is basically the volatility of the portfolio. The major differences arising in the Cap...

Characteristics of Good Monitoring SystemsBusinesses are known to cause damages consciously and unconsciously, and therefore there is always the need to continually monitor the operations of the company and ensure that the possible costs are appropriately managed. There has been increased concern regarding environment protection more particularly from the actions of the business. As such, there has been a consistent growth of sustainability re...

Background of Claims Against Jamie Durie1.The administrator Simon Cathroclaimed that Jamie Durie might have traded in the conditions of insolvency for last two years.The documents of court and creditors also emphasized on the collapse of his company JPD Media & Design when former licensing agent of the company Mike Curnow took legal action against the company. Under the Corporations Act 2001, a person is considered as solvent when he or sh...

BackgroundWith the help of an emerging market, a country can develop its economic condition. This development can be measured by various socio-economic factors. An emerging market economy can be stated as an economy of a nation that is growing to become an advanced economy and this can be represented by liquidity in equity markets and local debt along with the existence of various types of regulatory authority and market exchange (Ahmed, Couli...

Globalization as an Elite DiscourseThe term “Globalization” in recent times has the developed as a popular and controversial issue, though often remaining an undefined concept. However in a comprehensive manner, the term is implemented in order to encompass the increase rate in trade and liberalization policies along with the reduction in transportation expenditure, technological transfer, economic changes and societal transitions ...

Security Market Line vs Capital Market LineThe overall assessment aims in comparing SML and CML line, which helps investors for improving their current investment scope. In addition, the discussion on the significance of minimum variance portfolio is mainly conducted, which helps in depicting the level of income that could be generated from the portfolio. Furthermore, the minimum portfolio variance actually allows the investors for improving t...

Section 1: The Level of Materiality to Be Used For the AuditThe purpose of this paper is to examine the 2017 annual report for Cimic Group Limited Company and determine the level of materiality that should be used for the group accounts for the fiscal year ending 2017. This report also represents a preliminary analytical review on the information that is provided by the company. Key balance sheet and profit and loss ratios over the period 20...

Impact of the Financial Crisis on Ecuador EconomyGenerally, the Ecuador economy is highly relying on the petroleum sector at large which takes into account about 50% of the country’s exportations with almost 25% of the government sector over the past years. Between 2014/2017, there has been an effect on the economy as a result of the financial crisis which, which caused a tremendous decline in the country’s GDP rates with the pover...

Operational system of A.C. GilbertThe study is conducted to deliver a proper understanding of constant improvement as well as management of the innovation. This report involves the case study of popular firm named A.C. Gilbert that makes and manufactures toys for kids as well as adults. The study involves many theories as well as management principles that are regarding innovation management and also constant improvement. This study will inc...

Audit Procedure and Trend AnalysisASA 315 “Identifying and Assessing the Risk of Material Misstatement through understanding the entity and its environment” specifies the responsibilities of Auditor regarding determining and evaluation of risk of material misstatement in the financial statement by comprehending the environment of any individual including individual’s internal control (ASA 315. Understanding the Entity and Its...

Risk areas for bank auditsThe banks in Australia are governed by the Banking Act, 1959 and Reserve Bank Act, 1959. Apart from that the provisions of Corporations Act, 2001 is also applicable for established entities. The objective of conducting an audit of a bank is different from the objectives of auditing an ordinary entity under the Corporations Act, 2001.  Apart from independent verification of financial information auditor of a bank al...

Discussion on BudgetingThis paper is mainly purposed for giving a discussion and explanation on the findings of two studies on budgeting which are based on real life organizations. Regarding this, budgeting has been explained with much detail in this paper in one of the sections below. Additionally, this paper has given a detailed discussion on what the two studies have been purposed, as well as the research questions regarding budgeting which...

Company profileInternational business is an integral part of the contemporary business organizations due to the reason that it determines the potentiality of the business in the long term. International business refers to the process of operating across different countries and catering to global customers. In the current time, business organizations opting for the international business in order to cater to larger section of customers and incr...

Current Risk Management Standards Outline the purpose of key elements of current risk management standards. The current risk management standards include the ISO 31000 that relates to a family of risk management adopted by the international organisation for standardisation (Lalonde, 2012). The standards serve the purpose of providing generic principles and guidelines for managing risk in organisations. The standards provide a universa...

The company which has been analyzed here is K & S Corporation Limited, which is listed on the Australian Stock Exchange. It deals in logistics, transportation, warehouse management, distribution channel management and contract management. It is headquartered in Australia and has 3 major divisions namely Fuels, Australian transport and the New Zealand Transport. The fuel division of the company is dealing in distributing of fuels to the cus...

Company OverviewThe procedure of measuring and evaluating the performance and position of a company is known as financial analysis. It determines the feasibility of a business for long run along with the critical examination of its profitability position. The assessment is based on the data presented in the annual report of the companies and is compared against the industry averages. There are various tools that are used for conducting such an...

Payback period and return-on-investment analysis1.The two most important methods used for analysis include the payback period method of analysis and the return-on-investment analysis (Ferwerda 2014). It is the method using which the payback period is calculated, that is, the time required by the asset to generate returns equivalent to the amount invested in the asset. The return-on-investment analysis on the other hand determines the rate at w...

Liquidity Position AnalysisThe present study is based on a comparative evaluation of NRW Holdings Limited and Reliance Worldwide Corporation Limited by computing their financial ratios and comparing with industry standards. Overview of both the companies is as follows: NRW Holdings Limited NRW Holdings is well known for providing the diversified services to the resources, civil infrastructure, energy, and urban development areas. The compa...

Step 1 Activity   (describe/name the activity, task or process with the associated risk) Step 2 Hazards   (describe the hazard) Step 3 Potential risks     (describe consequences and impacts of the risk) Step 4 Existing controls   (describe existing risk control measures in place) Existing Risk Score If relevant Step 5 Action required Hierarchy of Controls   ...

Critical Review of the Global Issues and Risks for the Financial Institutions or BanksThe purpose of the report is to analyze the risks and challenges in the global scenario for the banks and FIs from the global issues and the ways for the improvement in the legislative system and regulations of the globalbanking system and financial operations. The Global banking and financial system isthe large and wide framework of the legal agreement...

Particulars Value Rate 0.30% Time 360 Amount         800,000 Monthly payment $3,637.16 Particulars Value Rate 0.30% Time 288 Amount         800,000 Monthly payment $3,637.16 Loan outstanding after 24 years ...

Non-Current Assets Financial Reporting is regarded as the process to arrange, record, analyze and interpret the business entity’s financial information so that the potential investors and other users can judge the financial position of those companies (Nobes, 2014). This essay aims at analyzing different aspects of the financial reporting of Auscann Group Holding Limited (AusCan Group). AusCann Group makes partnership with the leading c...

The study explains the process of merger and acquisition that refers to the consolidation of the assets of the companies. This includes a number of transactions that consists of mergers, acquisition, consolidation, tender offer and management acquisition. The study at hand explains the reason for which the companies merge is synergy that means to combine of the activities and the performances of the business to reduce their cost. Moving furthe...