Finance Essay Examples

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Comparative Analysis of Line-item, Performance, and Program Styles of Budgeting

There are different types of budgets. The three that I will be assessing are line item budgets, program budgets, and performance budgets. All three have strength and weaknesses. One of the main strengths of a line item budget is that it is the most common...

BudgetingMoney

2 Pages|825 Words

2055

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Analysis of the Islamic Contracts Practiced by Islamic Banks

One of the Islamic contracts that have been practiced by many Islamic banks in the South-East Asian region is the Bai’ bithaman ‘ajil. Literally, Bai’ bithaman ‘ajil is the sale on a cost basis contract that gives the advantage to the buyer as they can...

BankMuslim

2 Pages|868 Words

1782

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Intergenerational Transmission of Unemployment for the Male Youth in Jordan

Following the World War I and the break of the Ottoman Empire, the League of Nations has appointed Britain to perform the governance of much of the Middle East. Demarcation of the Transjordan, a semi-autonomous region, from Palestine in the early 1920s followed briefly with...

BankOttoman EmpireUnemployment

2 Pages|766 Words

2455

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Personal Financial Planning and Wealth Management

The concept of personal financial planning has had an interesting and somewhat complicated past. Although financial planning has always been about the process of determining whether and how individuals can meet their financial goals through the proper management of financial resources, planners have occasionally been...

Corporate FinanceManagement Accounting

1 Page|652 Words

2262

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Implementation Challenges of Formal Budgeting Systems in Innovative Companies

The budgeting process was invented almost a hundred years ago in order to improve performance of large organizations such as DuPont, General Motors, and Siemens. For almost half a century, it worked quite well, but since then this traditional tool has been the center of...

BudgetingCompanyInnovation

6 Pages|2837 Words

2195

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Analysis of Budget Contingency and the Reasons It Might Be Useful

A contingency plan is an alternative plan that will be used if a possible foreseen risk in event becomes a reality. The contingency plan represents actions that will reduce or mitigate the negative impact of the risk event, while a contingency plan is not part...

BudgetingEconomic System

3 Pages|1285 Words

3162

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The Four Major Categories of Costs

Costs is defined as the total of amount of money, time, and resources associated with a purchase of goods or a service. There are four major categories of costs that will be discussed as follows. Direct costs are expenses that are directly relevant and chargeable...

BudgetingCost Accounting

1 Page|594 Words

2289

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Process Inefficiencies Within EU Banks

The magnitude and global nature of the UK financial industry means that both money laundering and the criminal activity that creates it, generates the need for strong anti-money laundering and KYC policies. More than ever anti-money laundering measures remains one of the Financial Conducts Authority...

BankEconomic SystemEuropean Union

1 Page|521 Words

1951

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Strategic Reasons Behind Accurate Forecasting

Many business companies use forecasting to predict future data, like sales, budget, or inventory. According to Lewis (1997), it is a scientific method of getting estimated values from analyzing past statistics. Accurate forecasting is important to improve business operations, as it helps managers plan better....

ForecastingStrategic Planning

2 Pages|857 Words

2245

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Equity Issues Within the Profession

In today's world there are two very important words ‘equity’ and ‘ethics’. These two words stand for living in a fair society by following certain rules. Unfortunately, our society has not always been fair to everyone including Aboriginals, women, and other minority groups. A discussion...

EquityEthics

3 Pages|1441 Words

2428

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