Finance - 6839 Words

HELP University College Faculty of Business, Economics and Accounting Department of Business Studies INTERNAL SUBJECT OUTLINE Semester 3, 2011 FIN304 Global Financial Management Subject Lecturer / Tutor Mr. Mohd Jamil Jelani Telephone Fax Room Email 603-20961511 603-20957063 12, KPD Block B, Level 2 mohdjj@help.edu.my Class Contact Please refer to timetable Consultation Please call or email for appointment FIN304 Global Financial Management – Semester 3, 2011 SUBJECT DETAILS TEACHING STAFF Mr. Mohd Jamil Jelani is a Senior lecturer in banking and finance. He holds a Bachelor of Accountancy (Honours) and MBA in Applied Finance and Investment from National University of Malaysia; he is also a Chartered†¦show more content†¦Ã¯â€š · Critical and evaluative skills relating to: o the role of corporate finance and treasury functions within profit-seeking organisations engaged in international transactions; o the role of international capital markets; o government of the international financial system; o key issues (including ethical considerations) associated with international investment and financing decisions; o ways in which accounting and finance practices are implicated in social and organisational functioning; and o The nature of corporate finance theory and resource in an international context. Students should understand that critical and evaluative skills can only be developed to the required level through extensive study of, and reflection on, relevant literature. To assist students in this aspect of their studies, a set of readings has been inc orporated into the study material for this subject. The readings cover the majority of the principal topics and students are urged to make the most of this resource. ï‚ · Communication skills in terms of written presentation. TEXTBOOK ï‚ § Students are required to have access to the following textbook: o Eiteman, Stonehill and Moffett. (2010). Multinational Business Finance.Show MoreRelatedFinance1352 Words   |  6 Pagesfinancial manager differ from the traditional financial manager? Does the modern financial managers role differ for the large diversified firm and the small to medium size firm? The traditional financial manager was generally involved in the regular finance activities, e.g., banking operations, record keeping, management of the cash flow on a regular basis, and informing the funds requirements to the top management, etc. But, the role of financial manager has been enhanced in the todays environment;Read MoreFinance1074 Words   |  5 PagesCORPORATE FINANCE COURSE CORPORATE FINANCE 2.1 Working Capital Management Sept. 2014 Ir Frank W. van den Berg mba Vrije Universiteit, Amsterdam ALYX Financial Consultancy bv, Aerdenhout FWvdB/2014 1 OUTLINE CORPORATE FINANCE FWvdB/2014 †¢Ã¢â‚¬ ¯ Basics Guiding principles †¢Ã¢â‚¬ ¯ Time value of money + Capital Budgeting †¢Ã¢â‚¬ ¯ Valuation of CF + Bonds †¢Ã¢â‚¬ ¯ Valuation of shares (+ co.’s) †¢Ã¢â‚¬ ¯ Financial Analysis (Ratios) †¢Ã¢â‚¬ ¯ Financial Planning (EFN) †¢Ã¢â‚¬ ¯ à  Ã¯Æ'   Working Cap. Mgt. (A/R,Read MoreThe Finance1054 Words   |  5 Pagesrequires intentional short-term and long-term planning. More importantly, in order for capital management to be deemed successful, it is required that all members of an organization are on board. â€Å"Capital budgeting is not only important to people in finance or accounting, it is essential to people throughout the business organization†lt; /spangt; (Block, Hirt, amp; Danielsen, 2011). As the duration of the investment period increases, and the size of investment increases, the residual risk also increasesRead MoreEquity Finance And Debt Finance823 Words   |  4 PagesStockholders are those entities who provide a company with the risk capital such as preference share owners and ordinary share owners (Freeman and Reed, 1983). Generally, stockholderis one of long-term finance providers with the aim to maximize their wealth.According toBrickleyet al. (1985), long-term finance provi ders are more likely to focus on the matter whether the financial structure in the company is sound or not and the durability of profitabilityrather than temporary profits that a potentiallyRead MoreFinance, Economics, And Finance Essay1245 Words   |  5 Pagesalso studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. Finance professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. It is difficult to overstate the importance of this role, as the financial crisis of 2009 showed. It is due to my understanding of the importance of finance and investment, coupled with my longstanding interestRead MoreFinance : Finance A Carry Trade1144 Words   |  5 PagesIn finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) Th e country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance, Banking And Finance Industry2170 Words   |  9 Pagescomplete your transaction and move on with your day. The last thing on your mind is how that transaction is taking place. You don’t care what happens behind the scenes as long as your money is where it needs to be and is safe. As the banking and finance industry has transformed, so has the process of how your money is handled. To accompany those changes, regulators and lawmakers create laws designed to protect consumers, banks, and the economy as a whole. As you will learn, the history of the bankingRead MoreFinance : Finance A Carry Trade Essay1144 Words   |  5 Pages In finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) The country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance998 Words   |  4 PagesPlant Improvements Total Investments: total investment in plant and equipment brought forward from the Production spreadsheet. Sales of Plant and Equipment : total sales of plant and equipment brought foraad from the Production spreadsheet. Common Stock * Shares Outstanding: The number of shares of common stock in the hands of shareholders. Reflect any issue/ retire stock transaction at the beginning of this year * Price Per Share: stock price as of yesterday’s close. Stock will be issuedRead MoreInternal Sources Of Finance And Finance Essay2349 Words   |  10 PagesInternal sources of finance: Internal sources of finance are funds that arise from within the business such as profits as they can be retained to grow the finance and selling assets. Retained profit Retained profit is the money kept in the company after paying dividends. It is used to reinvest in the business or to pay debt. It comes by a business after it makes profit and is kept separate to use in other ways such as expanding the business by developing new buildings or certain areas, buying new

William Shakespeare s Romeo And Juliet And A Midsummer...

What if I told you that no matter what you look at or how many times you look at it, you’ll never truly be able to see it. Often the things we perceive as the most trustworthy are only misinterpretations of reality created by our perspective, which make common illusions. Characters in Romeo Juliet and A Midsummer Night s Dream also experience this idea, demonstrated when they are tricked by their own perspective and only see what they think is the best scenario. Illusions are created based on people s perceptions of reality. It is then clear that in Romeo Juliet and A Midsummer Night s Dream, perspective creates reality. This perspective creates a version of truth that hides the reality from people s eyes. This is shown when Lysander is tricked by the magic flower into loving Helena, Friar Lawrence calling Romeo a girl due to his tears, as well as having hallucinations while under the effects of drugs. The theme in Romeo Juliet and A Midsummer Night s Dream is that perspective creates reality. This is demonstrated by Lysander’s fake love for Helena. This theme is clearly represented when the love flower influences Lysander to change his perspective on how he viewed both Helena and Hermia, thus hiding his true emotions and making the fabricated one real. â€Å"Content with Hermia! no;I do repent the tedious minutes I have with her spent. Not Hermia but Helena I love: Who will not change a raven for a dove? The will of man is by his reason sway’d.†(2, 2, 111-115) In thisShow MoreRelatedWilliam Shakespeare s A Midsummer Night s Dream And Romeo And Juliet1502 Words   |  7 Pages The Shakespearean notion of comedy and tragedy have been interpreted by countless critics as absolute contradictions of one another. For instance, there is a belief that the everlastingly romantic tale of Romeo and Juliet is unambiguously a tragedy, just as A Midsummer Night’s Dr eam is undoubtedly a comedy. Each possesses separate, defining, characteristics which drastically alter the storyline of a play, and develop the end into either one of comedic proportion: in which there is the promise ofRead MoreWilliam Shakespeare s Romeo And Juliet, King Lear, And A Midsummer s Night Dream1037 Words   |  5 Pagesof Avon, commonly known as William Shakespeare is one of the best known playwrights in the (Video). A few of his most famous plays include Hamlet, Romeo and Juliet, King Lear, and A Midsummer’s Night Dream (McArthur). Although he was popular during his time, Shakespeare’s influence continued to grow after his death and today he well known around the world. He added 2,000 words to the English dictionary and he is the 2nd most quoted after the Bible (Video). Shakespeare is one of the most influentialRead MoreSome May Argue That It Is Not In The Stars To Hold Our1182 Words   |  5 PagesSome may argue that It is not in the stars to hold ou r destiny but in ourselves (Shakespeare, 1602 ). Shakespeare referred to the stars many times in his plays but stars were seen to have a connection with fate and destiny. furthermore, The plot of Romeo and Juliet and midsummer night dream was both leads by the idea of fate. Because The characters in both plays display signs of destiny being a factor in how things turned out either bad or good at the end of each play.The belief of fate destinyRead MoreDefining The Terms Renaissance And Humanism875 Words   |  4 Pagesscientific and artistic transformation and advancement between the Middle Ages and the early stages of the Modern age in Europe (2014). In the New World Encyclopedia article â€Å"Humanism†, Humanism’s scope primarily focuses on human beings: human being s place in relations to nature, human potential, human beauty, etc. etc. etc. (2014). 2. Who were the Medici’s? The Medici family dynasty comprised of former bankers and commerce men who became powerful rulers (four members of the Medici family went onRead MoreWilliam Shakespeare s A Midsummer Night s Dream1474 Words   |  6 Pagesinstance, one could look at the movies A Midsummer Night’s Dream and Shakespeare in Love. The latter follows the life of William Shakespeare himself, everything from his love affair with Viola de Lesseps to his creation of Romeo and Juliet. A Midsummer Night’s Dream, is one of the most famous plays of Shakespeare’s, revolving around the tumultuous relationships of four lovers, aided, and sometimes thwarted by the mischief of fairies. Although Shakespeare in Love outlines a few of the characteristicsRead MoreLove and Marriage in Renaissance Literature1228 Words   |  5 Pagesappear in the Renaissance period, with the great William Shakespeare, for example. Indeed Shakespeare created lovers whose main concern was not what they would inherit, bu t rather the love thy felt for each other. In many of his plays, Shakespeare created couple who sometimes were not allowed to love each other and above all whose main concern was not the well being of their families. Thus, Lysander and Helena (in A Midsummer Nights Dream) Romeo and Juliet, or Othello and Desdemona, married for love ratherRead MoreDefining The Terms Renaissance And Humanism854 Words   |  4 PagesRenaissance featured scientific and artistic discoveries and transformations that propelled a cultural shift in Europe after the Middle Ages (2015). The New World Encyclopedia article â€Å"Humanism† indicates that Humanism primarily focuses on human being s place, potential, beauty, and so forth (2014). 2. Who were the Medici’s? The Medici family, comprised of former bankers and commerce men, became powerful rulers in Florence, Italy for nearly three centuries, as stated in the History article â€Å"The MediciRead MoreWilliam Shakespeare : The Greatest Writer Of All Time1008 Words   |  5 Pages William Shakespeare is considered the most influential and greatest writers of all time because he writes great stories, he has the ability to turn phrases, and has very a compelling use of characters. I will be including in my research countless facts about Shakespeare and educated information on why William Shakespeare is considered the greatest writer of all time. Shakespeare s feats and accomplishments have all been established and based on his early life and childhood. William ShakespeareRead MoreEssay on A Midsummer Nights Dream: Critical Analysis3103 Words   |  13 PagesAnalysis of quot;A Midsummer Nights Dreamquot; William Shakespeare, born in 1594, is one of the greatest writers in literature. He dies in 1616 after completing many sonnets and plays. One of which is quot;A Midsummer Nights Dream.quot; They say that this play is the most purely romantic of Shakespeares comedies. The themes of the play are dreams and reality, love and magic. This extraordinary play is a play-with-in-a-play, which master writers only write successfully. Shakespeare proves here toRead MoreLa Story and Shakespeare1546 Words   |  7 Pagesbears a tiny resemblance to the play it was borrowed from. At other times, there will be a direct quote credited to Shakespeare himself. Or there will be a scene directly taken from a Shakespeare play, almost verbatim. The movie itself serves as a model of the influence that Shakespeare has had on filmmaking. The movie is credited with being a variation on A Midsummer Nights Dream. This is a more subtle lifting of the works. The similarities are limited to the device of the confused lovers, and

Audit Free Essays

Explain the impact of key court cases on the public accounting profession. 4. Describe auditor liability, discuss auditor responsibilities, identify possible auditor defences, and discuss possible remedies and sanctions available under both common law and statutory law. We will write a custom essay sample on Audit or any similar topic only for you Order Now 5. Identify professional requirements that help assure audit quality and minimise auditor exposure to liability suits. 6. Describe defensive actions that audit firms can take to limit the effects of litigation on audit firms and individual auditors. 7. Apply the decision analysis and ethical decision-making frameworks to issues that could result in litigation. Teaching Suggestions Even though most audits are properly performed, a significant ppercentage of the gross revenue of public accounting firms is spent on professional liability insurance and litigation costs. Litigation costs and settlements caused Andersen, once the world’s largest public accounting firm, to declare bankruptcy. In today’s litigious environment, it is extremely important that auditors use due professional care to minimise such costs. Even when due professional care is exercised, the government, iinvestors, and clients may still sue auditors. This chapter discusses the legal environment and concepts related to audits, and approaches to minimising exposure to liability. It also looks at several key court cases and their impact on the profession. The challenge when teaching this material is to impart to sstudents a genuine understanding of the legal environment in which auditors operate without overwhelming them with material to memorise that they are unlikely to remember. This challenge is heightened by the need to stress the importance of ‘liability avoidance’ without leaving the impression that it is the major focus of the audit process. Begin by reviewing pertinent legal terminology. Then discuss the litigious climate for auditors and how that climate has changed over the past few decades. Reasons for the increase in litigation, often settled out of court include greed on the part of unscrupulous financial report users and preparers, ignorance and neglect on the part of auditors, and a volatile business climate characterised by numerous business failures. Public distrust adds to the problem. Stress the impact of litigation on the profession: (1) considerable resources expended to litigate, (2) some distrust and loss of credibility in the public accounting profession which is heightened by negative media coverage, (3) proliferation of new auditing standards, and (4) pressure from stock exchanges which has resulted in the establishment of audit committees and ‘comfort letters’ to underwriters. It is helpful to go over the concept of due care found in tort law. Ask sstudents how they view their liability if, as new employees, they are asked to complete a task that they do not feel qualified to do. Explain the imprecision of the ‘reasonable man’ concept and the problems that arise when ‘ordinary citizens’ sit on juries involving technical matters with which they are unfamiliar. The text outline can be followed when discussing the specific legal concepts that affect the auditing profession including the auditors’ liability to clients and third parties. How to cite Audit, Papers