Finance : Page - 2

Assessing Audit QualityMany attempts have been taken for defining 'audit quality' in the past. However, none has stemmed a definition that has attained universal acceptance and recognition. It is because audit quality is an intricate and multi-faced concept. Audit quality is conditional on many direct and indirect influences. While the direct influences on audit quality are more emphasized by some, this point of view is not adequate in address...

Factors to Consider When Purchasing a Handymax Bulk CarrierThe purpose of this preliminary study on the continuing evolution of our shipping industry and on a crucial vessel that is registered in the United Kingdom and classified by the Lloyds Register of shipping is to provide the groundwork for future research in the shipping industry (LRS). There are a lot of variables that should be considered before making a decision on whether or not to ...

Answer: Introduction The main objective of this report is to conduct A Financial Statement Analysis of the financial statements using financial ratios and vertical analysis that have been provided in the assignment brief. This report commences with conducting a vertical analysis of the statement of financial position for the financial year ended 2021 and subsequently calculates the financial ratios using relevant financial information extract...

Mutual Funds SelectionThe following table represents the name of the mutual funds that are chosen for the purpose of investment: Fund Name Type of fund PH&N Bond Fund O Fixed Income fund RBC Select very conservative fund A Conservative fund PH&N US Multi-Style All cap equity Fund Large market cap fund Mawer Global Small Cap series Mid/small market cap fund Blu...

DiscussionExchange rates are a significant factor in determining a country's internal and external economic prospects. Exchange rates are crucial in the conduct of global economic operations such as import and export between countries (Gnimassoun, 2015). The report's content focuses on discussing the reasons for the AUD/USD exchange rate's volatility over the last five years. The long-term trajectory in the exchange rate, as well as the variab...

Answer 1a. The study of how the economy is rooted in cultural, social, economic, and other settings is the subject of Regulation Theory. The regulatory theory provides a conceptual framework for explaining capitalist growth, crises, and reproduction by combining the fundamental dynamics of capitalism with the institutional structures of society. The approach emphasizes the connections between the condensation process and the collection of in...

Overview of Evergrande Debt CrisisThe purpose of the report is to analyze the capital structure decisions made by corporates and the impact of the decisions on the functioning of the companies involved. The report focusses on the Evergrande debt crisis which unfolded in China in the end of 2021. In August 2021, a Chinese real estate developer alerted the Guangdong authorities that it was experiencing cash flow problems. It also attempted to ge...

Company OverviewTesco Plc is a retail organization which was established in the year 1919 by Jack Cohen and is headquarter in England, UK. The company is involved in the businesses of Retailing & related activities and Retail insurance and banking services. It is considered to be third-greatest retailer around all over the world assessed with respect to gross revenue. It has stores in five countries around Europe, & is the grocerie...

DiscussionThe aim of this paper is to compare and analysis two different companies of a Canadian mining company. The company chosen for this paper are Barrick Gold Corporation and First Quantum Minerals. The paper starts with analysing the economic impacts on the industry. Following that, a Swot of both the companies has been studied. Lastly company financial ratios has been compared The economic issues on the industry are stared below: ...

DiscussionIn this report on Customer Insight, the aim is to understand the importance of consumer behaviour which has long been recognised by the business organisations, regardless of their shape, size or industry. Consumer behaviour forms the base for a large range of business activities from the development of products and services to sales and marketing as well as customer services. The purpose of this report is to present the manner in whi...

Financing Options AvailableThe purpose of this report is to analyze and discuss about financing strategies utilized by JD Sports in acquiring a number of companies in a series of mergers and acquisition activities. The report would analyze the various sources of funding available to corporates along with the merits and demerits associated with the sources. The report also analyzes the efficiency of the financing model employed by the company f...

Strategies and objectives of the fundBaillie Gifford China Growth Trust invests in shares or depository receipts issued by Chinese firms in order to generate cash for its owners. The firm aims to increase the value of its invested cash by actively managing portfolios of Chinese corporate stocks. The fund's time horizon is five years, with a strong bias for capital growth and expectations of high upside potential in the firms in which it invest...

Answer: Answer to Question No.1:- The 5 years’ growth rate in operating revenues of JB Hi-Fi ltd. over the last 5 years is calculated below: Computation of Growth Rate: Particulars   Amount Operating Revenue:     2015-16 A $3,954,467 2011-12 B $3,127,792 5 years' Growth Rate C=[(A/B)^(1/5)]-1 4.80% The expe...

Environmental Risks in the Oil and Gas IndustryThe case is mainly related to the standards of the oil and gas industry which tend to adapt the safety procedures and the processes. This is primarily to handle the environmental impact with preventing all the disasters primarily from their occurrence. For this, the first oil spilling is gained through the widespread attention in the US, with the spilling of the Exxon Valdez. Here, the forms are s...

Financial Statements AnalysisThe financial statements analysis helps to determine and examine the performance of an organization. Abcam is a branded organization which provides wide range of products which includes secondary and primary antibodies, proteins, biochemical, lysates, immunoassays, peptides and other kits. The number of employees of the company is more than 500. Novozymes manufactures wide of range of microorganisms and industrial ...

Cost of CapitalQuestion 1 Depicting project NPV: Cost of Capital  8% Year Revenue Cost Cash flow Discount rate Discounted cash flow 0 (7,000,000)  (7,000,000)  1  (7,000,000) 1 (2,000,000)  (2,000,000) 0.93  (1,851,852) 2  12,000,000 (2,000,000)  10,000,000 0....

Background on Sustainability Reporting PracticesSustainability reporting practice is referred to as a report that is declared by a corporation as regards economic, environmental in addition to social influences caused by everyday operations. Sustainability reporting practices particularly in Australia is essentially concerned with proper communication of credible, pertinent information to a wide range of stakeholder groups counting members of ...

Understanding Audit PlanningBefore start of any work, planning is necessary so that the aims and objectives for which work is performed are able to achieve. Similarly, audit planning is necessary and foremost step for starting the audit of Financial Statements and framing and opinion about the authenticity of the financial data presented by entity. The audit planning aims at understanding the way audit has to be performed by audit team, docume...

Risk-based Approach of AuditingAuditing refers to the process of examination of the books of accounts and financial statements of an entity by an independent individual or body of individuals called auditor. The auditor owes duty to the company which is under audit as well as public at large to carry out the examination independently and professionally (Gramling, Johnstone, Rittenberg, 2012). For this purpose, the auditor needs to adopt syst...

Strategic profile of Lego GroupThe strategic profile of Lego Group has pointed out the facts that the company is successful in maintaining its reputation and global supply chain in the financial crisis between the years 2004 to 2009. The case study pointed out many issues that Lego Group had to face in order to mitigate the issues in the global supply chain management. It results in the deficit of DKK 1.8 billion in the year of 2004. However, ...

Issue 1In this increased age of the sustainability, the healthcare organizations are becoming more and more endurable. The hospital leaders are giving attention to the design, construction, supply chain, maintenance and environmental services of the hospitals (Wisner 2016). The Sustainability Roadmap of the hospitals do give unbiased resources and access so that the organizations can develop sustainable practices. As opined by Reijula et al. (...

Planning MaterialityThe present company cloud 9 lays emphasis on revenue in determining the planning materiality. This approach has been considered the best approach for an auditor while panning audit of a particular entity. The overall process of audit can be planned on the basis of revenue of the company. The reason why this approach has been appreciated from other approaches is following: It is possible that the company could not generat...

ObjectivesHigh Quality Institute (HQI) is an educational firm that provides the students with many different courses in the field of Information Technology. With the advancement of technology and increase in the number of students, HQI has decided to implement a new technological system called Technical and Learning System (TLS). This will comprise of a learning system for undergraduate and postgraduate courses and there will be many features ...

Descriptive statistics of GDP and median ageThe economists have a growing interest in Social And Political Environment. Moreover, the data given is collected for 125 countries in the year 2000. On the other hand, the regression has been carried out on variables like gdp, urbanization rate, median age of populations and political right index As per the question, descriptive statistics of the gdp and medage has been given as: g...

Concept of Skill and CompetenceDifferent levels of skills have large effect on economy for employers, employees, individuals and entire national economics. The concepts of skill are not yet clear to the social scientists and the meaning of it is also unclear. De Oliveira (2017) pointed out that, different things are put forward in a discussion while making clear of the concept as well as meaning of skill. Mujtaba (2013) thinks that, personal q...