Cma 04.14.10
•Download as PPT, PDF•
0 likes•98 views
The document discusses how the global economic recovery may differ from expectations. It notes that unemployment will remain high between 8-10% through 2010 in the US. Inflation is not expected to be a major issue. Globally, China's recovery faces overheating risks while Europe risks a double-dip recession. The "new normal" will feature restricted credit, wary consumers, a weaker dollar, more government regulation, and higher energy prices.
Report
Share
Report
Share
Recommended
2010 Economics 7 1 10s
The document summarizes the long term economic outlook presented by TechVest International in July 2010. It states that stagnation will continue in the near future due to government jobs not being productive, government deficits reducing private surplus, and out of control government spending. It also notes that new taxes proposed will further disperse the private economy and that businesses will need to finance internally going forward due to deleveraging trends and customers having no more debt capacity.
John Mitchell Presentation Oct 08 Ppt 2007
The document summarizes the state of the US housing market and economy in October 2008 during the financial crisis. It notes the collapse of major financial institutions, falling home prices across most states, loose monetary policy and lending practices contributing to the crisis, and ongoing debates around government intervention and bailouts. It also provides economic indicators like GDP growth, unemployment, inflation projections, and discusses uncertainty around stabilizing financial markets and the housing market bottom.
A Slow Economy, the Middle Class and New Ideas
This document discusses the state of the US economy and middle class. It notes that median household income has fallen in recent decades while income inequality has risen. This has squeezed the middle class, reducing their spending power and constraining economic growth. Low productivity growth has also held down wages. To revive the economy, the document argues for policies that boost innovation, education, and worker training to increase productivity and wages over the long run.
Collapse and stabilisation instead of degrowth?
The document discusses the global debt problem and its implications for economic growth and degrowth strategies. It argues that massive debt write-downs are inevitable due to an impending economic collapse brought on by unsustainable debt levels. This collapse will result in the degrowth wanted by proponents of degrowth, but risks restoring pro-growth systems afterwards. Short-term solutions like debt forgiveness or creating non-debt money are proposed to avoid economic and social breakdown in the interim. Long-term, a dual currency system is suggested to separate money for spending and saving.
Consumption (C)
Consumption content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics:
Intro to Consumption
Determinants of Consumption
The Relationship between Savings and Consumption
Macro 8
This document discusses macroeconomic concepts related to unemployment, the economic cycle, aggregate demand and supply, and inflation. It covers three types of unemployment (frictional, seasonal, structural), how minimum wage laws can increase unemployment, and how efficiency wages can increase productivity. It also discusses the aggregate demand curve sloping downward due to wealth, interest rate, and exchange rate effects, and shows aggregate supply as both a short-run and long-run curve. The long-run aggregate supply curve can shift right with new capital investments.
Unemploy us ragujam
The document discusses the high unemployment in the US and debates the causes. It considers whether the problem is low aggregate demand or supply-side issues. While stimulus measures aimed at boosting demand helped prevent a worse downturn, continued government spending and regulatory uncertainty have increased household savings and made businesses reluctant to invest. A key factor prolonging unemployment is job losses in construction following the housing boom, which will be hard to replace and accounts for up to 3% of total unemployment. Rather than constantly boosting spending, a more sustainable approach is to retrain and reskill the unemployed.
Macro 8
The document discusses different types of unemployment: frictional unemployment which occurs during job transitions, seasonal unemployment which changes with seasons, and structural unemployment which results from changes in demand. It notes that structural unemployment can be caused by new technologies like smartphones. The document also covers topics like unemployment insurance, minimum wage laws, labor unions, and efficiency wages.
Recommended
2010 Economics 7 1 10s
The document summarizes the long term economic outlook presented by TechVest International in July 2010. It states that stagnation will continue in the near future due to government jobs not being productive, government deficits reducing private surplus, and out of control government spending. It also notes that new taxes proposed will further disperse the private economy and that businesses will need to finance internally going forward due to deleveraging trends and customers having no more debt capacity.
John Mitchell Presentation Oct 08 Ppt 2007
The document summarizes the state of the US housing market and economy in October 2008 during the financial crisis. It notes the collapse of major financial institutions, falling home prices across most states, loose monetary policy and lending practices contributing to the crisis, and ongoing debates around government intervention and bailouts. It also provides economic indicators like GDP growth, unemployment, inflation projections, and discusses uncertainty around stabilizing financial markets and the housing market bottom.
A Slow Economy, the Middle Class and New Ideas
This document discusses the state of the US economy and middle class. It notes that median household income has fallen in recent decades while income inequality has risen. This has squeezed the middle class, reducing their spending power and constraining economic growth. Low productivity growth has also held down wages. To revive the economy, the document argues for policies that boost innovation, education, and worker training to increase productivity and wages over the long run.
Collapse and stabilisation instead of degrowth?
The document discusses the global debt problem and its implications for economic growth and degrowth strategies. It argues that massive debt write-downs are inevitable due to an impending economic collapse brought on by unsustainable debt levels. This collapse will result in the degrowth wanted by proponents of degrowth, but risks restoring pro-growth systems afterwards. Short-term solutions like debt forgiveness or creating non-debt money are proposed to avoid economic and social breakdown in the interim. Long-term, a dual currency system is suggested to separate money for spending and saving.
Consumption (C)
Consumption content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics:
Intro to Consumption
Determinants of Consumption
The Relationship between Savings and Consumption
Macro 8
This document discusses macroeconomic concepts related to unemployment, the economic cycle, aggregate demand and supply, and inflation. It covers three types of unemployment (frictional, seasonal, structural), how minimum wage laws can increase unemployment, and how efficiency wages can increase productivity. It also discusses the aggregate demand curve sloping downward due to wealth, interest rate, and exchange rate effects, and shows aggregate supply as both a short-run and long-run curve. The long-run aggregate supply curve can shift right with new capital investments.
Unemploy us ragujam
The document discusses the high unemployment in the US and debates the causes. It considers whether the problem is low aggregate demand or supply-side issues. While stimulus measures aimed at boosting demand helped prevent a worse downturn, continued government spending and regulatory uncertainty have increased household savings and made businesses reluctant to invest. A key factor prolonging unemployment is job losses in construction following the housing boom, which will be hard to replace and accounts for up to 3% of total unemployment. Rather than constantly boosting spending, a more sustainable approach is to retrain and reskill the unemployed.
Macro 8
The document discusses different types of unemployment: frictional unemployment which occurs during job transitions, seasonal unemployment which changes with seasons, and structural unemployment which results from changes in demand. It notes that structural unemployment can be caused by new technologies like smartphones. The document also covers topics like unemployment insurance, minimum wage laws, labor unions, and efficiency wages.
Government Failure
This document discusses government failure, defined as when government intervention intended to correct market failure instead creates inefficiency. It provides examples of regulatory failure and identifies several key causes of government failure, including distorting price signals, relying on inaccurate information, incurring high administrative costs, producing unintended consequences, prioritizing political interests over societal welfare, focusing on short-term fixes, and having conflicting policy objectives. Regulatory failure as a type of government failure is also examined, with additional causes such as stifling innovation, creating barriers to entry, imposing high administration costs, lacking enforcement power, being outdated, and experiencing regulatory capture.
Causes and Impacts of Unemployment
Causes and Impacts of Unemployment content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Causes of Unemployment
Costs of Unemployment
Current secular bearmarket is not over history should beour guide.
Secular bear markets refer to economic conditions where stocks, real estate, commodities and the general economy are extremely volatile with a downward bias.
Economic and Business Commentary By Sean Lannan 9-3-10
The document provides commentary on economics, markets and politics to aid business leaders' decision making. It summarizes that the U.S. economic recovery is losing momentum as stimulus spending declines. While corporate profits have rebounded, future growth depends on increased business spending and investment given high unemployment. Uncertainty around taxes, spending and interest rates is making executives cautious.
Economic Growth - How it's measured
Economic Growth - How it's measured content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics:
Output, GDP & Economic Growth
Limitations of GDP
Alternate Measures of National Income: GNI & GNP
Purchasing Power Parity (PPP)
Happiness Economics
Analysis Of Credit Crisis of 2008 - 2010
An analysis of the credit crisis of 2008 - 2011. In depth look into key causes of the crisis, and why the Federal Reserve policies are not going to help. Analyzes the effects and implications of the monetary policy leading up to the crisis and current policy during the crisis. Reflects on the impacts of the current policies and where they might lead and offers alternative policies that would be better from the American and Global economies.
Deloitte consumidor2020
The global economy is undergoing a shift as consumer spending patterns change. Countries that previously relied on consumer borrowing must now focus on exports, business investment, and government spending to drive growth. Emerging economies like China will shift from export-driven growth to growth led by domestic consumer spending as their middle classes expand rapidly. Over the next decade, the majority of global consumer spending growth will occur in emerging markets as their middle classes grow to hundreds of millions of people, creating huge new markets for consumer goods and services. How companies adapt to these global economic shifts will determine their success in engaging consumers worldwide in the coming years.
Exporting Your Way Out Of Trouble Under A Currency Peg
1) The document argues that it is unclear if Baltic countries like Estonia, Latvia, and Lithuania will be able to export their way out of economic trouble, as debt overhangs and declining populations may constrain growth.
2) Latvia in particular has seen slowing GDP growth as consumer demand and investment have failed to recover despite increased exports. Heavily indebted households and firms now face a credit crunch.
3) Population aging and decline will be a major problem for economic growth in Eastern Europe, as fewer working age people will have to support more retirees. This threatens long-term trend growth and debt sustainability. Structural reforms are needed to address these challenges.
Lecture 13 unemployment
This document provides an overview of macroeconomics topics related to unemployment, including different types of unemployment (frictional, seasonal, structural), the natural rate of unemployment, cyclical unemployment, unemployment insurance, minimum wage laws, unions, and efficiency wages. It also defines key terms, provides examples to illustrate concepts, and includes review questions.
Recession
The document discusses recessions and business cycles. It defines a recession as a significant decline in national output (GDP) that typically lasts 6-18 months. Recessions increase unemployment as firms hire fewer workers when production declines. The business cycle refers to the economy regularly fluctuating between periods of growth (booms) and contraction (recessions). While called a "cycle," the fluctuations can be unpredictable in length. A depression is a more severe economic downturn than a recession, as seen in the Great Depression in the US. The Great Recession of 2008 was the worst global recession since WWII. Potential causes of recessions discussed include high interest rates, high inflation, and reduced consumer confidence.
Chart Book Jan
The document provides an economic overview of the United States in January 2010. It notes that consumer confidence and retail sales rebounded in late 2009, translating to strong GDP growth in Q4. However, it expects GDP growth to slow to 2-3% in 2010 as inventory contributions decrease and unemployment remains high. The housing market also showed some signs of stabilization but foreclosure and delinquency rates remained elevated due to high unemployment, suggesting further troubles for the housing sector.
Who Owns Ireland? UCD Lecture 10 February 2014
The document discusses the financial crisis in the UK and Europe from 2009-2012. It includes a letter stating there is no money left in the UK Treasury. It discusses quantitative easing measures taken by central banks to stimulate the economy. It discusses the ECB providing cheap loans to banks, some of which banks used to buy their own government bonds. However, many banks just deposited the money without increasing lending. The document discusses the increasing role of financial markets and motives in economies.
Confidence Boost
There may be light at the end of gloomy economic tunnel that the UK has been trapped in for the past 5 years thanks to tentatively rising consumer confidence.
Media Brief - May 2015
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
MACRO ECONOMICS.docx
Unemployment has negative impacts on long-run economic growth by wasting resources and limiting labor mobility. Balance of trade is influenced by exchange rates, which affects the supply and demand of a country's currency. Inflation decreases the value of currency, increases interest rates on loans, and decreases real returns on savings. Corruption is caused by factors like government size and lack of democracy and harms economic freedom and productivity. Poverty negatively impacts people's livelihoods through issues like hunger and lack of access to services and participation. Infrastructure disruptions hinder development and economic growth.
Who Profits from Peace? Belfast Trades Council Mayday Lecture 2013
This document summarizes key points from a lecture on financialization in Ireland and the UK. It discusses how monetary policy shifted in the 1970s-2000s to increasingly favor financial markets and asset prices over wages and employment. This contributed to the growth of sectors like finance, insurance, and real estate (FIRE) at the expense of production. Policies of privatization, spending cuts, and austerity have furthered this shift. The document also examines the European debt crisis and ECB responses like long-term refinancing operations that bailed out banks but did little for economic growth or employment. Overall, it analyzes how financialization has restructured economies to privilege rentiers and asset speculation over workers.
Living standards well_being
This document discusses various methods of measuring living standards and economic well-being beyond GDP per capita. It notes inaccuracies in population estimates that impact GDP calculations and differences in regional disposable incomes within countries. While GDP per capita is traditionally used, economic well-being is multi-dimensional and includes factors like health, inequality, sustainability, and happiness. Alternative indicators that take a broader view are now commonly used to assess living standards and well-being.
Recession 2012-13 and its impact
The document discusses the likelihood of a recession in the US in 2012. It notes that odds of a recession are around 50% due to high unemployment and pressures from Europe. Several factors increase the risk of continued recession, including a weak housing market, tight credit, government spending cuts, high unemployment, a slowing Chinese economy, and inflation in key areas. The recession is predicted to hit around a 40% probability with unemployment rising above 10% and growth slowing to 0.5% in the first half of 2012. The downturn is expected to be short-lived but its effects will persist for years.
Budget
The document discusses key aspects of government budgets in India. It explains that a budget is an annual statement of estimated government receipts and expenditures for the fiscal year from April 1 to March 31. It describes the major components of budget expenditures, including plan expenditures, non-plan expenditures, revenue expenditures, and capital expenditures. It also discusses the classifications of budget expenditures as developmental, non-developmental, revenue expenditures, and capital expenditures.
Certified Management Accountant - CMA
The document provides information about the Certified Management Accountant (CMA) certification. The CMA credential demonstrates command of critical accounting and financial management skills demanded by businesses. It is designed specifically for accounting and financial professionals. The advantages of obtaining a CMA include worldwide recognition, career opportunities, higher salaries, and pride in a highly acclaimed certification. EMERGE Management Training Center offers CMA exam preparation courses in Dubai and discusses the benefits of their program, including interactive lectures and study materials.
How great leaders inspire action
Simon Sinek gave a TED talk in 2009 about why some leaders are able to inspire others while others are not. He argues that inspired leaders think from the inside out by communicating their beliefs and vision, rather than just telling people what they want to change. People are inspired to follow leaders who they want to follow because they share the same dreams and beliefs, not because they have to. The document provides examples of leaders like Martin Luther King Jr. and Fidel Castro who were able to inspire people through communicating a shared dream and getting people to want to work towards achieving that dream.
More Related Content
What's hot
Government Failure
This document discusses government failure, defined as when government intervention intended to correct market failure instead creates inefficiency. It provides examples of regulatory failure and identifies several key causes of government failure, including distorting price signals, relying on inaccurate information, incurring high administrative costs, producing unintended consequences, prioritizing political interests over societal welfare, focusing on short-term fixes, and having conflicting policy objectives. Regulatory failure as a type of government failure is also examined, with additional causes such as stifling innovation, creating barriers to entry, imposing high administration costs, lacking enforcement power, being outdated, and experiencing regulatory capture.
Causes and Impacts of Unemployment
Causes and Impacts of Unemployment content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics
Causes of Unemployment
Costs of Unemployment
Current secular bearmarket is not over history should beour guide.
Secular bear markets refer to economic conditions where stocks, real estate, commodities and the general economy are extremely volatile with a downward bias.
Economic and Business Commentary By Sean Lannan 9-3-10
The document provides commentary on economics, markets and politics to aid business leaders' decision making. It summarizes that the U.S. economic recovery is losing momentum as stimulus spending declines. While corporate profits have rebounded, future growth depends on increased business spending and investment given high unemployment. Uncertainty around taxes, spending and interest rates is making executives cautious.
Economic Growth - How it's measured
Economic Growth - How it's measured content slideshow. Designed for the Economic A level qualification. Can be used in revision and in class.
Subtopics:
Output, GDP & Economic Growth
Limitations of GDP
Alternate Measures of National Income: GNI & GNP
Purchasing Power Parity (PPP)
Happiness Economics
Analysis Of Credit Crisis of 2008 - 2010
An analysis of the credit crisis of 2008 - 2011. In depth look into key causes of the crisis, and why the Federal Reserve policies are not going to help. Analyzes the effects and implications of the monetary policy leading up to the crisis and current policy during the crisis. Reflects on the impacts of the current policies and where they might lead and offers alternative policies that would be better from the American and Global economies.
Deloitte consumidor2020
The global economy is undergoing a shift as consumer spending patterns change. Countries that previously relied on consumer borrowing must now focus on exports, business investment, and government spending to drive growth. Emerging economies like China will shift from export-driven growth to growth led by domestic consumer spending as their middle classes expand rapidly. Over the next decade, the majority of global consumer spending growth will occur in emerging markets as their middle classes grow to hundreds of millions of people, creating huge new markets for consumer goods and services. How companies adapt to these global economic shifts will determine their success in engaging consumers worldwide in the coming years.
Exporting Your Way Out Of Trouble Under A Currency Peg
1) The document argues that it is unclear if Baltic countries like Estonia, Latvia, and Lithuania will be able to export their way out of economic trouble, as debt overhangs and declining populations may constrain growth.
2) Latvia in particular has seen slowing GDP growth as consumer demand and investment have failed to recover despite increased exports. Heavily indebted households and firms now face a credit crunch.
3) Population aging and decline will be a major problem for economic growth in Eastern Europe, as fewer working age people will have to support more retirees. This threatens long-term trend growth and debt sustainability. Structural reforms are needed to address these challenges.
Lecture 13 unemployment
This document provides an overview of macroeconomics topics related to unemployment, including different types of unemployment (frictional, seasonal, structural), the natural rate of unemployment, cyclical unemployment, unemployment insurance, minimum wage laws, unions, and efficiency wages. It also defines key terms, provides examples to illustrate concepts, and includes review questions.
Recession
The document discusses recessions and business cycles. It defines a recession as a significant decline in national output (GDP) that typically lasts 6-18 months. Recessions increase unemployment as firms hire fewer workers when production declines. The business cycle refers to the economy regularly fluctuating between periods of growth (booms) and contraction (recessions). While called a "cycle," the fluctuations can be unpredictable in length. A depression is a more severe economic downturn than a recession, as seen in the Great Depression in the US. The Great Recession of 2008 was the worst global recession since WWII. Potential causes of recessions discussed include high interest rates, high inflation, and reduced consumer confidence.
Chart Book Jan
The document provides an economic overview of the United States in January 2010. It notes that consumer confidence and retail sales rebounded in late 2009, translating to strong GDP growth in Q4. However, it expects GDP growth to slow to 2-3% in 2010 as inventory contributions decrease and unemployment remains high. The housing market also showed some signs of stabilization but foreclosure and delinquency rates remained elevated due to high unemployment, suggesting further troubles for the housing sector.
Who Owns Ireland? UCD Lecture 10 February 2014
The document discusses the financial crisis in the UK and Europe from 2009-2012. It includes a letter stating there is no money left in the UK Treasury. It discusses quantitative easing measures taken by central banks to stimulate the economy. It discusses the ECB providing cheap loans to banks, some of which banks used to buy their own government bonds. However, many banks just deposited the money without increasing lending. The document discusses the increasing role of financial markets and motives in economies.
Confidence Boost
There may be light at the end of gloomy economic tunnel that the UK has been trapped in for the past 5 years thanks to tentatively rising consumer confidence.
Media Brief - May 2015
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
MACRO ECONOMICS.docx
Unemployment has negative impacts on long-run economic growth by wasting resources and limiting labor mobility. Balance of trade is influenced by exchange rates, which affects the supply and demand of a country's currency. Inflation decreases the value of currency, increases interest rates on loans, and decreases real returns on savings. Corruption is caused by factors like government size and lack of democracy and harms economic freedom and productivity. Poverty negatively impacts people's livelihoods through issues like hunger and lack of access to services and participation. Infrastructure disruptions hinder development and economic growth.
Who Profits from Peace? Belfast Trades Council Mayday Lecture 2013
This document summarizes key points from a lecture on financialization in Ireland and the UK. It discusses how monetary policy shifted in the 1970s-2000s to increasingly favor financial markets and asset prices over wages and employment. This contributed to the growth of sectors like finance, insurance, and real estate (FIRE) at the expense of production. Policies of privatization, spending cuts, and austerity have furthered this shift. The document also examines the European debt crisis and ECB responses like long-term refinancing operations that bailed out banks but did little for economic growth or employment. Overall, it analyzes how financialization has restructured economies to privilege rentiers and asset speculation over workers.
Living standards well_being
This document discusses various methods of measuring living standards and economic well-being beyond GDP per capita. It notes inaccuracies in population estimates that impact GDP calculations and differences in regional disposable incomes within countries. While GDP per capita is traditionally used, economic well-being is multi-dimensional and includes factors like health, inequality, sustainability, and happiness. Alternative indicators that take a broader view are now commonly used to assess living standards and well-being.
Recession 2012-13 and its impact
The document discusses the likelihood of a recession in the US in 2012. It notes that odds of a recession are around 50% due to high unemployment and pressures from Europe. Several factors increase the risk of continued recession, including a weak housing market, tight credit, government spending cuts, high unemployment, a slowing Chinese economy, and inflation in key areas. The recession is predicted to hit around a 40% probability with unemployment rising above 10% and growth slowing to 0.5% in the first half of 2012. The downturn is expected to be short-lived but its effects will persist for years.
What's hot (18)
Current secular bearmarket is not over history should beour guide.
Current secular bearmarket is not over history should beour guide.
Economic and Business Commentary By Sean Lannan 9-3-10
Economic and Business Commentary By Sean Lannan 9-3-10
Exporting Your Way Out Of Trouble Under A Currency Peg
Exporting Your Way Out Of Trouble Under A Currency Peg
Who Profits from Peace? Belfast Trades Council Mayday Lecture 2013
Who Profits from Peace? Belfast Trades Council Mayday Lecture 2013
Viewers also liked
Budget
The document discusses key aspects of government budgets in India. It explains that a budget is an annual statement of estimated government receipts and expenditures for the fiscal year from April 1 to March 31. It describes the major components of budget expenditures, including plan expenditures, non-plan expenditures, revenue expenditures, and capital expenditures. It also discusses the classifications of budget expenditures as developmental, non-developmental, revenue expenditures, and capital expenditures.
Certified Management Accountant - CMA
The document provides information about the Certified Management Accountant (CMA) certification. The CMA credential demonstrates command of critical accounting and financial management skills demanded by businesses. It is designed specifically for accounting and financial professionals. The advantages of obtaining a CMA include worldwide recognition, career opportunities, higher salaries, and pride in a highly acclaimed certification. EMERGE Management Training Center offers CMA exam preparation courses in Dubai and discusses the benefits of their program, including interactive lectures and study materials.
How great leaders inspire action
Simon Sinek gave a TED talk in 2009 about why some leaders are able to inspire others while others are not. He argues that inspired leaders think from the inside out by communicating their beliefs and vision, rather than just telling people what they want to change. People are inspired to follow leaders who they want to follow because they share the same dreams and beliefs, not because they have to. The document provides examples of leaders like Martin Luther King Jr. and Fidel Castro who were able to inspire people through communicating a shared dream and getting people to want to work towards achieving that dream.
Start with why
A presentation of Simon Sinek's Golden Circe concept and how great leaders / brands inspires and build loyalty.
Budget Preparation
The document discusses several budgets for a company including a production budget, selling and administrative budget, direct materials budget, direct labor budget, cash budget, and sales budget. It provides details on projected sales figures and units for a quarter, manufacturing overhead costs, labor hours and rates, inventory levels from a previous period, and sections of the cash budget including expected cash collections, disbursements, excesses, deficiencies, and financing activities including anticipated borrowings and interest. For the month of April, the document notes an expected cash deficiency of $20,000.
CMA Part 1: Planning, Budgeting and Forecasting
This document provides an overview of Section A of the 2010 CMA Part 1 exam, which covers planning, budgeting, and forecasting. It discusses key topics that will be covered in this section, including planning concepts, types of budgets, budget methodologies, forecasting techniques, and standard costing. The document also summarizes best practices for budget development, characteristics of effective budgets, and considerations for setting standard costs for direct materials, direct labor, and overhead. It emphasizes the importance of linking budgets to company goals and objectives and involving managers in the budgeting process.
Planning, conducting and managing risk based audits
The document discusses planning, conducting, and managing risk-based audits. It outlines the three phases of audits - planning audits, conducting audits, and supervising audits. It also mentions the three main objectives of audits are operational objectives, financial reporting objectives, and compliance objectives. Finally, it provides contact information for Iyad Mourtada, who has qualifications as a CIA, CMA, CFE, CPLP, and MA degree.
CMA(Part1): Budgeting Concepts
The document discusses key concepts related to budgeting. It defines a budget as a plan that identifies the resources and commitments needed to achieve goals over a period of time. It also describes budgets as planning, control, motivation, communication, and coordination tools. Finally, it discusses budget periods, participants, cost standards, and preparation tools for developing an effective budget.
Business Analysis and Forecasting
This document discusses decision making theory, forecasting techniques, and time series analysis. It covers decision making under certainty, risk, and uncertainty. Forecasting methods include correlation analysis, regression analysis, learning curves, and time series analysis using simple moving averages, weighted moving averages, and exponential smoothing. The author provides their contact information.
Standard costing summary
The document provides information on standard costing, including:
1) Formulas and explanations for calculating variances in material, labor, and overhead costs. It outlines the calculations for cost, price, usage, efficiency, rate, and other variances.
2) Key terms and abbreviations used in standard costing such as standard cost (SC), actual cost (AC), standard price (SP), actual price (AP), etc.
3) A sample reconciliation statement to reconcile actual and budgeted profits.
4) Five sample questions on calculating variances from standard costing information.
Budget and budgetary control
This document provides an overview of budgets and budgetary control. It defines a budget as a quantified financial plan for a defined future period. Budgets have benefits like helping control spending, focus on goals, and organize finances. The key types of budgets discussed include sales, production, costs, materials, purchases, labor, overhead, selling & distribution, administration, capital expenditures, and cash budgets. Budgetary control involves establishing budgets, comparing actuals to budgets, and taking corrective action for variances. The objectives of budgetary control are planning, coordination, communication, motivation, control, and performance evaluation.
Capital Budgeting (CMA Part2-D)
The document is about a dry cleaner looking to replace an old laundry machine with a bigger one. It provides costs associated with the new machine, revenues it will generate, tax rates, depreciation details over 4 years, and discount rates. Tables are included on present value of annuities and future amounts to help evaluate the investment using NPV and IRR.
Viewers also liked (14)
Planning, conducting and managing risk based audits
Planning, conducting and managing risk based audits
Similar to Cma 04.14.10
Explaining the Financial Crisis
For a class assignment on the 2007-08 economic crisis. We focused on the idea of a "Shifting Economic Position" as the major reason for the crisis (as per assignment) - Leave a comment if you download, please!
Opportunities in adversity
Economist Intelligence Unit (EIU) white paper produced at the height of the financial crisis in January 2009 outlining the opportunities to learn from the downturn and best practice to success in a changing environment.
Recession-US & Japan
The document summarizes the economic recessions in Japan and the United States. It discusses how Japan experienced a "lost decade" after its bubble economy collapsed in the early 1990s, bringing an end to its post-war growth. Despite monetary and fiscal stimulus, Japan struggled with deflation and a liquidity trap. The US also experienced recessions in the 2000s and late 2000s due to the dot-com bubble bursting and the subprime mortgage crisis.
Covid19 Pandemic: Looming Global Recession and Impact on Bangladesh
The document summarizes the economic impacts of the Covid-19 pandemic, including a potential global recession. It discusses indicators that a recession may occur, such as stock market declines and yield curve inversions. The pandemic has reduced global production and exports while increasing unemployment. For Bangladesh specifically, exports and remittances declined sharply, threatening employment and government revenue. The economic challenges for Bangladesh recovering are substantial in the face of an uncertain global economic outlook.
The economic bounce back
The document discusses the potential for an economic recovery following the COVID-19 pandemic. It notes that early signs suggest social distancing measures are slowing the spread of the virus. While the crisis is not over, governments have implemented massive fiscal and monetary stimulus packages to address liquidity issues and prevent a humanitarian crisis. However, the economic damage has already been done through lost productivity and jobs. A quick, V-shaped recovery is hoped for but not guaranteed, as some sectors may face lasting damage. Overall, optimism for recovery stems from the health rather than economic origins of the crisis, and the scale of coordinated government and central bank responses.
Where's the money going
This document discusses the large amounts of money governments and central banks are committing to combat the economic effects of the COVID-19 pandemic. It outlines the goals of job retention schemes in developed countries and direct cash payments in emerging markets. While commitments total trillions of dollars globally, a relatively small portion has gone to healthcare compared to propping up large corporations and expanding government deficits, which will likely require higher future taxes or borrowing costs. The long-term consequences of taking on huge debt to address today's crisis are only beginning to be understood.
Financial crisis _2008
The document discusses the 1997-1998 Asian financial crisis and its impact on the current global economic situation. It notes that the Asian crisis involved major economic problems in Southeast Asian countries like Thailand, Malaysia, and Indonesia. This crisis contributed to an oversupply of US dollars that has impacted the global economy. Foreign investors flooded money into Asian countries without understanding the risks, fueling real estate and stock market bubbles. When the bubbles burst, it led to worldwide economic repercussions still being felt today.
Missing paragraphs practice
- Global warming, inequality, and structural economic changes are long-term problems facing the global economy that require addressing even during times of immediate economic crises. Retrofitting the global economy for climate change would help restore growth and demand. Rapid technological changes necessitate structural shifts that markets often do not handle well. Investing in human capital development, which individuals often cannot afford, is necessary for transitions and addressing issues like health and education. The market alone will not solve problems like global warming, and governments need to play a more active role during times of fiscal constraints.
Wells Market Outlook 09 09
This document summarizes economic trends from September 2009. It discusses six factors driving economic growth: 1) massive stimulus spending, 2) businesses reversing purges, 3) rising confidence, 4) housing and auto industries stabilizing, 5) improving exports, and 6) stalled increases in mortgage rates and oil prices. It argues the recovery will continue surpassing expectations with 4% GDP growth. It also says the consumer's role is unclear and inflation will likely remain stable.
The True Lessons of the Recession
The document discusses the causes and lessons of the global economic recession. It argues that the recession was not simply due to inadequate demand but also distorted supply, as economies lost the ability to grow through making useful things. Governments and households borrowed excessively to prop up growth. Rather than trying to return to unsustainable pre-crisis GDP levels through more borrowing and spending, governments need to address underlying economic flaws through policies like retraining workers, encouraging innovation, and making labor markets more competitive. Easy credit masked deeper problems, and debt-fueled growth proved unsustainable.
To the Point, October 27 2009
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
What Is Stagflation?
Stagflation is a period of simultaneous recession and high inflation accompanied by rising unemployment. It is a painful economic situation where growth is weak or negative, unemployment is high and increasing, but prices and living costs are also surging. The Fed may attempt to curb inflation through interest rate hikes, but this could drive up unemployment and stall growth, potentially causing a recession without successfully reducing inflation. During stagflation, multifamily rental properties that provide passive income and hold their value well may be good investments, as could acquiring distressed assets like mortgages or real estate at a discount.
Skirting the Abyss: From Economic Downturn to Financial Crisis to Long-term M...
Skirting the Abyss: From Economic Downturn to Financial Crisis to Long-term M...Llinlithgow Associates
We came right up to the edge of the economic abyss after a year of an accelerating economic downturn and have managed to avoid it but are not out of the woods yet. The risks of a double-dip are growing but the likelihood of a weak recovery and poor job creation is high. A key problem is and was the financial crisis and credit market collapse which has created major lingering problems that will be with us for years. Beyond that a two-decade over-accumulation of debt, drastic declines in Savings and under-Investment have created long-term problems for getting back to sustainable long-term growth. Here we survey the current state of the economy, wade thru the details of the Financial crisis, especially the role of Synthetic Structured Debt and the business performance of the Finance Industry. Then we roll forward to examine the long-term damages created, how we need reduce private debt and what our prospects for reduced long-term growth are. Or, given the decisions to invest in our future and address broader policy problems, how we can return to a path of longer-term high growth and prosperity.Recession is Coming. Is Your Channel Management Team Ready?
Over the last year or so, there has been much talk about another impending recession and how it could impact channel management. The recession theory is based upon historical trends, which suggest business cycles tend to last around five to seven years each. That means every five to seven years we experience some sort of a recession. Eventually the economy recovers, and then something else happens to triggers another recession.
Watch the following video and respond to the questions belowhtt.docx
Watch the following video and respond to the questions below:
https://www.youtube.com/watch?v=ImQrUjlyHUg
(1) What is your opinion of Mark Pagel's explanation of language and humanity? (i.e., do you think his explanation of the evolution of language adequately addresses how humans have been impacted by the ability to communicate).
(2) How do you think "social learning" has influenced humanity? (think of the good and bad).
(3) Are there any additional thoughts that came to mind as you were watching this video?
Don’t Look Back in Anger at Bailouts and Stimulus
By Alan S. Blinder And Mark Zandi
The Wall Street Journal
Oct. 15, 2015 6:32 p.m. ET
Former Federal Reserve Chairman Ben Bernanke in an Oct. 6 interview on the Fox Business Network. PHOTO:
RICHARD DREW/ASSOCIATED PRESS
Without the emergency measures of 2008-09, the U.S.
economy would be far worse off today.
The publicity surrounding former Federal Reserve Chairman Ben Bernanke’s memoir prompts a
look-back at the stunning array of policy responses promulgated by the Fed, Congress and two
administrations to avert catastrophe during the financial crisis in 2008-09. This is important
because many of these initiatives haven’t aged well in the eyes of politicians and the public.
TARP, fiscal stimulus, quantitative easing and auto bailout remain dirty words to many people
who increasingly blame them for prolonging the Great Recession and the slow pace of recovery.
But in a study released Thursday for the Center on Budget and Policy Priorities, we found the
reverse to be true: These extraordinary policies ended the crisis and jump-started an economic
recovery that is stronger in the U.S. than in most countries.
Specifically, we estimate that:
• The peak-to-trough decline in real gross domestic product, which was barely more than 4%,
would have been close to a stunning 14%.
• The contraction would have lasted three years, more than twice as long as it did.
Don’t Look Back in Anger at Bailouts and Stimulus
By Alan S. Blinder And Mark Zandi
The Wall Street Journal
Oct. 15, 2015 6:32 p.m. ET
• More than 17 million jobs would have been lost, about twice the actual number.
• Unemployment would have peaked at just under 16%, rather than at 10%.
• The federal budget deficit would have ballooned to $2.8 trillion, equal to 18% of GDP,
compared with its actual peak of 10%.
• Today’s economy would be far weaker than it is—with real GDP about $800 billion lower, 3.6
million fewer jobs, and unemployment still at 7.6%.
The overwhelming nature of the fiscal and monetary policy responses is the main reason we
didn’t suffer a much-worse fate. Yet history is in danger of giving the powerful 2008-09
responses a misguided Bronx cheer.
Start with TARP. The Troubled Asset Relief Program was deeply unpopular in part because it
was so large—a $700 billion bailout fund—and aimed primarily at “Wall Street.” It felt wrong to
bail out guilty parties, and many.
Effects Of Business Cycles
This document discusses the business cycle and its effects. It begins with an introduction to business cycles, which are periodic fluctuations in economic activity. It then discusses the impacts of business cycles on employment, consumption, business confidence, and other macroeconomic variables. The document also provides examples of impacts from specific business cycles, such as the impact of the 2001 recession in the US. It analyzes unemployment, job losses, poverty levels, and other economic indicators from that time. Finally, the document argues that the 2001 recession may have been avoided through more proactive fiscal policy interventions.
Allocator November 2010
The allocator shows in detail our view on the financial markets and give insight on our asset, sector and geographical allocation. It can go from 0 - 100% in equity and is actively rebalanced on a monthly basis.
To the Point, November 26 2009
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
2008 Market Outlook
The document provides an outlook on the 2008 markets from GFAM. It discusses how investor anxiety that began in late 2007 accelerated in early 2008. The document predicts that a recession in the US is likely for 2008, driven by the housing bubble bursting and its impact on consumer debt. It notes rising delinquencies in consumer debt, commercial real estate loans, and other business loans. The effects of the credit crunch could include $250B in credit and mortgage losses, reduced bank lending of $1.25T, and a $300B cut to consumer spending over the next few years. Offsets to declining consumer spending are unlikely due to weak job and business investment outlooks. The global economic outlook is slowing growth in developed nations
Global Macro Shifts_FTI
This document provides an analysis of global economic growth prospects in the first quarter of 2015. It discusses that while many observers are pessimistic about global growth, the outlook is actually healthier than believed. Key points made include:
- Lower oil prices will provide a significant boost to global growth by acting as a tax cut for consumers and reallocating capital to other industries.
- The US recovery is strong, with robust GDP growth and improving labor market conditions adding to consumption.
- China will benefit from lower oil prices and its economy remains on track for healthy growth.
- The eurozone outlook is stronger than expected, aided by monetary easing and weaker euro supporting exports.
- Overall global growth is expected to be
Similar to Cma 04.14.10 (20)
Covid19 Pandemic: Looming Global Recession and Impact on Bangladesh
Covid19 Pandemic: Looming Global Recession and Impact on Bangladesh
Skirting the Abyss: From Economic Downturn to Financial Crisis to Long-term M...
Skirting the Abyss: From Economic Downturn to Financial Crisis to Long-term M...
Recession is Coming. Is Your Channel Management Team Ready?
Recession is Coming. Is Your Channel Management Team Ready?
Watch the following video and respond to the questions belowhtt.docx
Watch the following video and respond to the questions belowhtt.docx
Cma 04.14.10
- 1. Is This the Global Recovery We Have Heard So Much About? Dr. Chris Kuehl Armada Corporate Intelligence Chief Economist National Association of Credit Management