The inter-bank transactions form the major lump of the total value of transactions transacted throughout the globe. G-10 countries alone have turnover of transactions worth over US $5 trillion each day, according to estimates. Globalization of the financial sector realized that it is necessary to have a new system which would reduce the systemic risks. There may […]
Financial sector plays an indispensable role in the overall development of a country. The most important constituent of this sector is the financial institutions, which act as a conduit for the transfer of resources from net savers to net borrowers, that is, from those who spend less than their earnings to those who spend more […]
Related parties represent a link where one party can exercise control (direct or indirect) or significant influence over the operating policies of the other party. According to FRS 8 and IAS 24, a related party includes an entity’s subsidiaries, associates, joint venture interests, directors and family members of directors. Related-party transactions are legitimate activities and serve […]
The Assam Tea Corporation is a pioneer in producing high quality tea having its own processing plant with an excellent implication of inventory control. The main aim of this report is to conduct a literature review on the inventory control management and the operations in practice of the Assam Tea corporation processing plant where I […]
The term paper discusses the role that the Reserve Bank of India has played in the Indian banking system. In the start it talks about the evolution of the bank and its preliminary functions. Then the role of the bank in the last two decades has been studied taking into account structural changes made by […]
Executive Summary Amazon.com, Inc (Amazon) registered strong growth of 36% in 2008 mainly due to increased unit sales and expanded sales base in several categories. Meanwhile during the 3rd quarter of 2009, Amazon managed to report a steady growth despite the recession period. This report reviews and analyse Amazon financial performance as well as comparison […]
TAIWAN: MAJOR INDUSTRIES The major industries in Taiwan are electronics, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals. We can have a look at the major industries one by one and then do an analysis on the investment opportunities on one of them.Which Citation Styles Can You […]
INTRODUCTION The modern thinking in financial management accords a far greater importances to the management decisions and making policy. Today financial managers occupy key positions in top management areas and play dynamic role in solving complex management problems.Which Citation Styles Can You Handle?We get a lot of “Can you do MLA or APA?”—and yes, we […]
Originally, trader Nick Leeson was supposed to be exploiting low-risk arbitrage opportunities that would leverage price differences in similar equity derivatives on the Singapore Money Exchange (SIMEX) and the Osaka Exchange. In fact, he made up a strategy to earn trading profits on derivatives where he would have to take much riskier positions by buying […]
Introduction Accounting is concerned with collecting, analyzing, and communicate accounting information. The accounting information is helpful to those people who make plans about business and in making important decisions related to the business The aim of this paper is to evaluate the financial position of the company and the importance of credit manager to achieve […]
