Bank Management System Essay on Financial Statement Review Eskom

1. Bank Management System
Table of Contents
CHAPTER 1.0 INTRODCUTION1
1.1 BACKGROUND1
1.2 EQUATORIAL COMMERCIAL BANK2
1.3 MOTIVATION FOR UNDERTAKING THE PROJECT3
1.4 THE PROBLEM STATEMENT4
1.5 BENEFITS OF THE PROPOSED SYSTEM5
1.5.1 Online Banking – How Is It Different5
1.5.2 Why Use Online Banking5
1.6 PROJECT OBJECTIVES6
1.7 SYSTEM OBJECTIVES7
1.8 SCOPE OF THE SYSTEM7
CHAPTER 2–LITERATURE REVIEW8
2.1 DEFINING E–BANKING/ONLINE BANKING8
2.2 FEATURES OF ONLINE BANKING8
2.3 E–BANKING IN DEVELOPING COUNTRIES9
2.4 E–BANKING IN PAKISTAN10
2.5 E–BANKING IN KENYA12
2.5.1 Current Structure and Developments in the Kenyan Banking Industry12
2.5.2 E–Banking Revolution in the Kenyan Banking Industry14
2.6 REVIEW OF CURRENT SYSTEM15
2.7 REVIEW OF RELATED...show more content...
Initially, after the problem was identified after interviews with the bank loan staff and customers,
requirements were collected and system analysis done through Object Oriented Design and
Methodology (OOAD). More data was collected through a review of the current manual banking
system and documents maintained by the bank.
Unified Modelling Language was used to analyze and organize the design solution. Use Case
diagram, Class Diagram and Sequence diagram were then designed to model the system. A database
schema was then designed to model the database to be used. The system was developed using
mathematical functions for the balancing
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2. Essay on Financial Statement Review
Financial Statement Review
University of Phoenix
ACC/561
Financial Statement Review
Introduction
Financial statements play a significant role in each and every type of business. The financial
statements provide a wealth of information to auditors, creditors, investors, suppliers and other
important venues that need access to this type of information. This paper will discuss four different
types of financial statements and how they are utilized by vendors, creditors and others. The four
financial statements that will be reviewed are the income statement, balance sheet, cash flow
statements and statement of retained earnings.
Income Statement Beginning with the income statement, the information provided includes...show
more content...
It is an inclusion to either the balance sheet or the income statement and not a stand–alone financial
statement.
Importance of Financial Statements Financial statements have a significant impact on the
successfulness of a company. Depending on whether you're an investor, creditor or manager, the
information that is most crucial will depend on who you are. An investor is concerned with the
bottom line and the overall value and growth of a company. A company's earnings and revenue can
be compared to the stock price. As an investor the balance sheet, income statement and statement of
cash flows is important. Investors will review the information and determine if the company
overcame any obstacles and if there is still room for growth. They will also review the net income
/ loss and the history over previous years to determine any growth or potential for growth. As a
creditor, information that is important is the current amount of debt and the amount of cash that is
available to pay back that debt. The statement that would be most beneficial would be the balance
sheet. The balance sheet contains all of the assets to include cash and cash equivalents and current
liabilities as well. It is important to know the current ratio for a creditor to determine the worthiness
of the company and the ability to pay both short
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3. Eskom
TABLE OF CONTENTS
1.EXECUTIVE SUMMARY
2.INTRODUCTION
3.STRATEGIC MANAGEMENT PROCESS IN ESKOM
3.1 Methodology of Review
3.2Management Process
3.2.1Environmental Analysis
3.2.1.1Comments
3.2.2Vision Statement
3.2.2.1Communication
3.2.2.2Values
3.2.2.3Comments
3.2.3Objectives
3.2.3.1Short Term Priorities
3.2.3.2Medium and Long Term Priorities
3.2.3.3Comments
3.2.4Crafting of the Strategy
3.2.4.1Comments
3.2.5Implementation
3.2.5.1Comments
3.2.6Monitoring
3.2.6.1Comments
4RECENT CHANGES IN THE STRATEGY
4.1Factors Which Led to Changes in the Strategy
4.2Results and Expected Results
5. ESKOM INVESTMENT STRATEGY INTO THE FUTURE
6. RECOMMENDATIONS ON STRATEGIC ACTIONS AND CONTROLS NEEDED
8.1.Revenue Management
8.2....show more content...
In the eyes of government, affordable electricity will promote stability in the economy, and it will
also attract foreign direct investment. But to bring certainty in the equation, government adopted the
National Electricity Regulator in 1994. The National Electricity Regulator was empowered to ensure
the orderly, effective generation and distribution of electricity throughout South Africa. The
existence of this structure means that Eskom may not unilaterally raise the price of electricity.
3.STRATEGIC MANAGEMENTPROCESS IN ESKOM
3.1Methodology of Review of Strategic Management Process

4. We have begun our search for information by first approaching a Strategic Management Manager
employed at Eskom. He has basically given us an overview of the entire strategic management
process at Eskom as well as describes certain key issues that Eskom have gone through and are
currently facing. He has also referred us to some strategic documents of Eskom.
The strategic phases of the organization are contained in the strategic plan document Eskom
Holdings Business Plan 2007 to 2011. This includes the Environmental Analysis, Planning Directive,
Vision, Values, and Strategic objectives, Implementation, Evaluation and Monitoring of the strategy.
We review the Strategic Management Process by looking at the major phases of the Eskom strategy
and comparing this to the phases as described
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