Essay On Finance

Essay on Finance
Finance Wikipedia's accurate definition of finance is "The activity of finance is the application of a set of techniques that individuals and organizations
(entities) use to manage their financial affairs, particularly the differences between income and expenditure and the risks of their investments" http:/
/en.wikipedia.org/wiki/Finance. I discuss the importance of keeping track and updating financial reports as well as simple bank statements. These are
just some of the essentials that I believe we all as a people should acknowledge. There are several detrimental problems concerning our finance as a
people and the side that I will be arguing throughout the duration of this paper is that we as African Americans do not recognize the...show more
content...
If we really want to understand our finance and how it works, it is necessary for us to understand how the use of financial assets leads to the better
use of real assets. Do we as a people really understand how to levitate our finance? A Prominent tribulation involving finance and the Black culture is
establishing the know how of operating and dealing with financial situations. Understanding how the financial division works and how it is related to
the real sector is why anyone would study finance.
Many important personal decisions are financial. Paying for a home or an automobile are two very large examples, but even day to day decisions
such as planning a budget, opening a checking account, or making investments call for a knowledge of finance. This is a issue that I believe should be
discussed in any natural home, let alone the home of minorities.
Most of the time racially we take finance frivolously and this has become a vast distress on growing and raising children in our society. Learning
finance and relating to the history of it should be something that we try to incorporate in our teaching as Black parents. There should be a strong
emphasis set on the ability to receive credit cards from national companies to our Black children, instead of nonchalantly letting them keep the cards in
their possession to set themselves up for failure.
Debt is also a financial situation that our
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Finance Essay
5558 Nath
Why would not your financial problems end with even more income? 7 reasons! Sandeep works in a multinational company and earns one lac a
month, but still he remains upset about his finances. It often comes to his mind that when I was earning 50 thousand rupees in the beginning of the
career, I would have been hardly satiate the needs of month anyway, and today, when I earn twice even than the money is falling short.
Friends, are you able to relate to this situation of Sandeep?
Is this happening to you – your income is increasing but still your financial problems could not ending.
Yes, it is a bitter truth that just increasing of income doesn't end financial problems!
But do not panic, you are not the only person to face this...show more content...
3. You give today's happiness more importance than tomorrow's need:
Instead of saving 5000 rupees, you believe in taking new mobile of 15 thousand, even when your old mobile is absolutely right! The philosophy of
"Living in the moment" is seems well only when "financials for the future" are intact. But you believe in the first part and forget the other!
Do not do this, it is very important to make balance between these two things. Doing this can saves you from many financial stresses.
Always remember this one quote of Warren Buffett, world's most successful investors–
"Do not save what is left after spending, but spend what is left after saving."
4. You do not separate 'wants' from 'needs':
Need: Something without which it will not go.
Want: Something that you want you to have, but you can work without it too.
People worry about finances also makes their desire their needs. For example: Genuinely you need a car, but instead of an affordable hatchback you
make an SUV your need and then pay loan for it years.
Never take anything for just show off, doing so may give you some happiness for a few days, but in the long term, it will make problems to you.
5. You are spend–o–holic:
You used to be disturbed financially because you enjoy spending... There is something in every corner of your house that is the result of buying
impulse. Your wardrobes are full of clothes that you barely wore once or twice. In your drawer, there are

Essay Corporate Finance
Why is corporate finance important to all managers?
Corporate finance is a specific area of finance dealing with the financial decisions corporations make and the tools as well as analyses used to make
these decisions. The primary goal of corporate finance is to enhance corporate value, without taking excessive financial risks.
A corporation's management's primary responsibility is to maximize the shareholder's wealth which translates to stock price maximization.
Corporate finance provides the skills managers need in order to:
пЃ¬Identify and select the corporate strategies and individual projects that add value to their firm– Capital Budgeting
пЃ¬Forecast the funding requirements of their company, and devise strategies for...show more content...
In practice business operations are financed by the owners, but sometimes businesses are financed by venture capital firms.
Venture capital is capital typically provided by outside investors for financing of new, growing or stagnating businesses. They are characterized as risky
investments.
Before developing a final product, venture capitalists do not invest into business.
In the first stage the financing venture has finally launched and achieved initial traction. Sales are trading upwards. The funding from this stage is used
to fuel the sales, reach the breakeven point, increase productivity, and cut unit costs. At this point the company is two or three years old. This is the
stage when the venture capitalists get into business.
At second stage of financing, sales are starting to grow rapidly. The company is also rapidly accumulating accounts receivable and inventory. Capital
from this stage is used for funding expansion in all its forms from meeting increasing marketing expenses to entering new markets to finance rapidly
increasing accounts receivable.
At third stage sales are climbing. Customers are happy. The second level of managers is in place. Money from this financing is used for increasing
capacity, marketing, working capital, and product improvement or expansion.
After this stage company is at "Mezzanine or Bridge financing" point when investment bankers agreed

Reflection About Finance
During my junior year of high school football, a coach, fellow player, and I talked about the subject of finance. It was life changing. My coach
went on to say "I used to make almost two hundred thousand dollars in my thirties, and it wasn't as great as I thought It'd be; I never had time to
spend with my family or myself." Confused and surprised, my friend and I immediately asked him to explain, so he went on to tell us about his
previous job. Approximately ten years ago, he was working a desk job in Sartell where he had to design new gyms for various facilities;
furthermore, his annual paychecks amounted to about one hundred seventy thousand dollars. I was astounded. However, the profession required
him to sit in a desk for twelve hours a day, and he usually worked five to six days a week. Due to the fact that he worked so frequently, the reduction
of activity started to increase his weight. After working this job for multiple years, he had accumulated over one hundred pounds and became
unhappy. His time was consumed by work, and he was never able to do the activities others could. Nevertheless, he decided that his future and health
was worth more than a six figure paycheck. "I was missing out on too much fun stuff, so I went back to what I enjoy most," he said. That being said,
he quit and pursued what he knew made him happy: teaching and coaching. Since then, he has lost the hundred pounds he accumulated and is now
capable of enjoying time to himself. Whenever I

Personal Finance And Social Finance
Personal Finance has always been an emotional topic in the United States. Today, many Americans are generating unlimited wealth and living
exceptional lives, while others are struggling to make ends meet. Evidently, people's actions and beliefs are the deciding factors in their achievement of
wealth. Thus, this huge gap in wealth between rich and poor people has a special connection with the philosophy and attitude of each individual toward
personal finance. Merriam–Webster Dictionary defined Philosophy as a set of ideas about how to do something or how to live. Therefore, each
person's philosophy is a major factor in how their personal finance works out since the knowledge of facts, concepts, and principles will determine
how people spend, save, and invest their financial resources. Dr. E Thomas Garman is a renowned advisor and academic. Garman is the author of 30
books and 200 research articles in personal finance and consumer economics. Raymond E. Forgue professor at the University of Kentucky, they
stated, "You have to do only a few things right in personal finance during your lifetime, as long as you do not do too many things wrong."(Garman
and Forgue 5) Clearly, many people are in the dark when it comes to personal finance, their financial IQ is very limited. If only a few money
principles done right is all people need to succeed financially; evidently, they are missing some fundamental information. Sadly, some people do not
recognize this reality which is the

Obtaining an MBA in Finance Essay
Changing business environment demands for higher qualification especially in finance and in business. Every business entity is having separate
finance department which handles all the financial transactions and requirements of the company. This clearly discloses about the great opportunity
available in the finance industry and motivates for higher studies in finance and in business administration. Finance is my field of interest and I
wanted to pursue my career in this sector. In order to achieve my goal I will pursue MBA specializing in Finance, which is most popular among other
degrees in this segment. Thus, MBA will be the chosen profession degree.
Cost analysis of MBA degree:
Cost of MBA degree differs from one institute to other and...show more content...
Apart from the tuition and admission cost, student has to consider cost of laptops, books supplies and also the boarding expenses. Generally, these costs
tend to increase with time, that is cost in year 2 will be higher than Year 1 cost and can leave behind higher amount of debt than expectation.
Next is to considering the living expenses:
Rent $ 700 per month
Groceries $ 200 per month
Utilities $ 500 per month
Phone $ 100 per month
Sundry $100 per month
Total cost$1,600 per month
Total cost for 2 years$38,400 ($1,600*12*2)
Living costs expenses has to be included along with the overall costs determined in the previous section ($206,000). Thus, total costs will be $244,400
($206,000+$38,400). Thus, one can obtain the MBA degree at cost of $244,400.
Determination of return:
Determining the return on investment is essential, for this purpose average salary of a MBA should be considered. The average salary of MBA
finance is $80,000 per year excluding bonus. The salary is expected to increase by 10% per year and the joining allowance is being provided at the time

of joining is $20,000. This will be incurred in the year 2 end. Let us use the discount rate as 5% for discounting the cash flow. The determined
expenses are for two years and it is assumed to remain equal in each period. For calculation purposes let us consider the amount of $20,000 will be
received at the end of Year 2.
YearCash outflowCash inflowPresent value
0$(122,200.00)–

Sources of Finance for a Business Essay
Sources of Finance for a Business
For a business to successfully run, it must have sources of finance. These are methods of financing the running of the business, buying of stock and
paying of workers. Small businesses and large businesses have different sources of finance. In this section, I will discuss the different sources of
finance used by small and large businesses, and the advantages and disadvantages of each, starting with small businesses.
Setting up a business costs money. For instance, setting up a bakery involves buying or renting a shop and buying stocks of flour and so on. One
source of finance for a new business is equity or equity capital. This is money which is put into the...show more content...
Using retained profit has one advantage over borrowing money because the business doesn't have to make payments on the money that is retained. It
does not have to be repaid, so no interest or dividends are due on it. However, a problem with retained profit is that it has to be accumulated, which
takes a long time. A business must be successful to have a profit, especially to make enough where they can afford to retain some.
Many new businesses borrow money in order to start. As they continue trading, they may need to borrow more money to survive or expand. Banks are
the main source of loans for small businesses. With a bank loan, the business usually borrows a fixed amount of money. It will then pay this back in
regular fixed instalments. These repayments include the interest on the outstanding money owed. The bank may ask for security or collateral on the
loan, which means that the business must pledge assets to the bank. The bank can sell these assets if the business cannot repay the loan. The most
common type of security is property, for example a factory. For a sole trader, there is no distinction between the assets of the business and the
personal assets of the owner because of unlimited liability. Therefore, owners might offer their own houses as security. Bank loans secured on property
are called mortgages. Mortgages are the main source of expansion for small businesses, as they

Personal Finance Essay
Personal finance is the principles implementation of finance to an individual's or personal's monetary decisions. It involved the way of an individual or
personal to gain, keep, spend and budget monetary resources over time, and taking into account of different kind of financial risk and future life events.
Personal's wealth picture will determined by combining the personal finance knowledge, education, financial decision, financial plan, goals and
financial desire. The appropriate financial management and improvement will help personal financer to see its positive impact in the next several of
decades.
By studying the personal finance, I know and understand the personal finance basic. First, I learn how to create a financial plan. Financial plan is an
evaluation process that predict...show more content...
Now, I will manage my money by using the balance sheet and income statement. The balance sheet help me to know and understand the asset that I
own and the liabilities that I owe. This may help me to determine the level of my wealth or net worth by subtracting the level of liabilities from assets.
While the income statement help me to trace my money, the income statement is like a financial motion picture which show me where my money
comes ( income ) and where I spent my money ( expenses ). The income statement help me to control my daily spend and make sure that I will not
spending too much.
Apart from that, personal finance also teach me the importance of insurance. Personal finance make me understand that I should protect myself from
risk by buying an insurance. It also help me to understand the life insurance that I needed and choose the appropriate insurance.
The personal finance is extremely important to me because it help me to create a good financial plan and well control and manage my money. The
knowledge of personal finance is very useful and can well insert into our daily

Finance is a universal concept that affects and concern the lives of every person. All individuals should know the importance of finances regardless of
our profession or area of study. At some point in life everybody, not only big corporations, faces concerns regarding the proper and efficient
management of wealth. This class not only gave me the opportunity to learn about my future career path but also expanded my perspective regarding
the multifunctional aspects of being a professional in the finance sector.
I am the Vice President of Finance at Loyola Limited, four business that is run by undergraduate students. As the Vice President of Finance, I'm
responsible for facilitating the cash inflows and outflows from the business's operations. My responsibilities also include the implementing and
executing budget controls, maintaining the general ledger, tracking and monitoring revenues and expenses. I am also responsible for ensuring the
timely completion of all payments and deposits. Other duties include the accuracy of all financial trackers, enforcing adherence to all of the business's
financial standard operating procedures, performing necessary analysis on sales and expense patterns, and evaluating the viability and impact of any
and all purchases on behalf of the business. Through my experiences in Loyola Limited, I can to realized that as a Vice President of Finance, I wear
many hats. The responsibilities that I hold do not only involve finance but also operations,

The Role of Finance in Economics Essay
The Role of Finance in Economics No Works Cited Finance is a branch of economics concerned with providing funds to individuals, businesses, and
governments. Finance allows these entities to use credit instead of cash to purchase goods and invest in projects. For example, an individual can
borrow money from a bank to buy a home or an industrial firm can raise money through investors to build a new factory. Governments can issue bonds
to raise money for projects. Finance plays an important role in the economy. As banks, credit unions, and other financial institutions provide credit,
they help expand the economy by directing funds from savers to borrowers. For example, a bank acquires large amounts of money from the deposits of
...show more content...
Public finance studies how governments at all levels–national, state, and local–provide the public with desired services and how they secure the
financial resources to pay for these services. In many industrialized countries, spending and taxation by the government form a large portion of the
nation's total economic activity. For example, total government spending in the United States equals about 40 percent of the nation's gross domestic
product–that is, the value of all the goods and services produced within the United States in one year. Governments provide public
goods–government–financed items and services such as roads, military forces, lighthouses, and street lights. Private citizens would not voluntarily pay
for these services, and therefore businesses have no incentive to produce them. Public finance also enables governments to correct or offset
undesirable side effects of a market economy. These side effects are called spillovers or externalties. For example, households and industries may
generate pollution and release it into the environment without considering the adverse effect pollution has on others. If it costs less to pollute than not
to, people and businesses have a financial incentive to continue polluting. Pollution is a spillover because it affects people who are not responsible for
it. To correct a spillover, governments can encourage or restrict certain activities. For example,

Essay about Ethics in Finance
Identify an event or series of events that occurred in the financial marketplace falling within the realm of Financial Management, Financial Institutions
and Markets, or Investments that raise significant ethical questions. Analyze the events, public policy responses and their impact on the financial
markets and economy at large. Suppose you are the CEO of a well respected, multi–million dollar energy company. You stand at the forefront of
innovation and you are world–renowned for your pioneering efforts in the energy industry. However, due to a series of poor financial decisions, your
company is on the verge of bankruptcy. You realize that in order to protect your own interests and investments, desperate measures need to be taken.
...show more content...
The found out the truth about what was really happening to the tremendously "profitable" company and what the executives were really doing behind
close doors. While stockholders believed that their stock with Enron was increasing as time went on, in actuality the total opposite was happening and
they were losing money instead. Many stockholders because of the "profitability" of the stock, had put every cent they had into the company that even
included retirement funds, to wake up the next day and have it depleted. This can all be attributed to the unethical practices that were performed by the
executives at Enron. It was clear that the company was losing money and that the stockholders should be made aware of these loses but instead they
decided to cover up what was happening. This event mislead people into believing that everything was going smoothly and there was nothing to worry
about. The executives knew of what was to come in the future and began to sell stocks based on insider information making them richer and not caring
that the stockholders were going to lose everything that they had invested into the company. These unethical practices would later be discovered and
investigated by the federal government bringing up criminal charges against many of the top executives. In light of recent public scandals involving
high–profile companies such as Enron, the ability of corporations to make ethical decisions has come into

Corporate Finance Essay
Corporate Finance Essay
Most corporate financing decisions in practice reduce to a choice between debt and equity. The finance manager wishing to fund a new project, but
reluctant to cut dividends or to make a rights issue, which leads to the decision of borrowing options. The issue with regards to shareholder objectives
being met by the management in making financing decisions has come to become a major issue of recent times. This relates to understanding the
concept of the agency problem. It deals with the separation of ownership and control of an organisation within a financial context. The financial
manager can raise long–term funds internally, from the company's cash flow, or externally, via the capital market, the market for funds...show more
content...
Any profits remaining after deducting operating costs, interest payments, taxation, and dividend are reinvested in the business and regarded as part of
the equity capital. The finance manager will monitor the long–term financial structure by examining the relationship between loan capital, where
interest and loan repayments are contractually obligatory, and ordinary share capital, where dividend payment is at the discretion of directors. This is
known as gearing. There are two basic types of gearing, they are capital gearing which indicates the proportion of debt capital in the firm's overall
capital structure; and income gearing indicates the extent to which the company's income is pre–empted by prior interest charges. Both are indicators
of financial gearing.
Now, the advantages of debt capital centre on its relative cost. Debt capital is usually cheaper than equity because, the pre–tax rate of interest is
invariably lower than the return required by shareholders. This is due to the legal position of lenders who have a prior claim on the distribution of
the company's income and who in liquidation precede ordinary shareholders in the queue for the settlement of claims. Debt is usually secured on the
firm's assets, which can be sold to pay off lenders in the event of default, i.e. failure to pay interest and capital according to the pre–agreed schedule;

What Is My Passion For Accounting And Finance
My passion for accounting and finance has become a career I have wanted to purse since I started studying business at higher level education. I have
chosen this course because I want to study accounting and finance in more depth and learn how valuable finance is to a business. Apart from my
studies my dad's business got me interested in money and how he had to budget and log money coming in and out of the business. He has had his
business for about 8 years now and regular help him with counting the weeks takings and taking out money for employees' wage, bills, rent and
mortgage payments. This is the main reason I want to study this course and purse a career as a chartered accountant because I want to later in life offer
this service to other businesses and help them be successful. I've worked hard and learnt a lot these two years since studying business and picked up
useful knowledge and skills that I feel will benefit me in accounting and finance. I enjoy statistical and numerical exercises. I want to get work
experience in an accountancy firm to learn a lot more about what this course involves like looking into a business's accountants, invoices and profit
and loss statements and I feel I will learn something valuable which can be beneficial to this course and put me ahead of other people. Business
studies has given me an insight of real life situations old and new businesses face with finance and how they work around those issues. Also, a unit in
business gave me the

Financial Management Essay examples
Financial Management Introduction ============ Every organization, irrespective of its size or ownership pattern, has to manage its finances. The
overall objectives of an organization cannot be achieved in the absence of financial management. Many organizations fail in their objectives because of
financial mismanagement and this failure rate is quite high among the small business enterprises. Hence, financial management is vital for all types of
organizations, profit making as well as non–profit making. In case of non–profit making organizations also the effectiveness and performance depends
on their financial resources management. Financial Management ====================...show more content...
3. Managerial Accounting deals with procuring of data for the organisation's management i.e. to serve the internal users with necessary accounting
information to carry out the management tasks of planning, organising, actualising and controlling. " Management Accounting is the presentation of
accounting Information in such a way as to assist management in creation of policy and in the day to day operations of an undertaking". 4. Financial
Management deals with the process adopted by an organisation for taking financial decisions through analysing and interpretation of financial data for
meeting the organisations objectives. Hence, the tasks involved in Financial Management include: Г Analysing financial needs Г Forecasting
financial needs Г Managing working capital Г Planning capital structures Г Organising financial operations Г Monitoring and controlling
finances etc. In fact raising funds and allocating funds for business are the two prime financial management tasks. Financial Planning Financial
planning is an appraisal of those financial aspects that may or are likely too occur in future but need immediate decision making. It involves setting
financial objectives in terms of profits, sales or acquistion of assets along with financial foorecasting for the organisation. This includes estimation in
the areas of: Г

Business Finance Essay
Multinational Business Finance, 12e (Eiteman, et al)
Chapter 1 Globalization and the Multinational Enterprise
1.1 Globalization and Creating Value in the Multinational Enterprise
Multiple Choice
1) Which of the following are critical to a firm trying to reach the top of the "firm value pyramid"?
A) An open market place.
B) High quality strategic management.
C) Access to capital.
D) all of the above
Answer: A
Diff: 2
Topic: 1.1 Globalization and Creating Value in the Multinational Enterprise
Skill: Conceptual
2) A well–established, large U.S.–based MNE will probably NOT be able to overcome which of the following obstacles to maximizing firm value?
A) An open market place.
B) High quality strategic management....show more content...
A) Raw materials
B) Financial capital
C) (Non–military) Technology
D) All of the above factors of production flow freely among countries.
Answer: A
Diff: 1

Topic: 1.2 The Theory of Comparative Advantage
Skill: Recognition
4) Which of the following would NOT be a way to implement comparative advantage?
A) IBM exports computers to Egypt.
B) Computer hardware is designed in the United States but manufactured and assembled in Korea.
C) Water of the greatest purity is obtained from wells in Oregon, bottled, and exported worldwide.
D) All of the above are examples of ways to implement comparative advantage.
Answer: D
Diff: 2
Skill: Conceptual
5) Of the following, which would NOT be considered a way that government interferes with comparative advantage?
A) Tariffs.
B) Managerial skills.
C) Quotas.
D) Other non–tariff restrictions.
Answer: B
Diff: 2
Skill: Recognition
True/False
1) The theory of comparative advantage owes it origins to Ben Bernanke as described in his book The Wealth of Bankers.
Answer: FALSE
Diff: 1
Skill: Recognition
2) International trade might have approached the comparative advantage model in the 19th century, and it does so even more today.
Answer: FALSE
Diff: 2

Introduction To Financial Management Essay
Define the terms finance and financial management, and identify the major sub–areas of finance.
Finance is the study of applying specific value to things individuals own to include services used and decisions determined [Finance by Cornett, M.
M., Adair, T. A., & Nofsinger J. (2014). M: Finance (2nd ed.)]. In simple words,finance is how much value is attributable to goods and services and the
basis of such attribution.
Financial management may be defined as the management of the finances of a business or an organization in order to achieve the financial objectives. It
includes creation, effective utilization of funds to ensure the smooth functioning of the business. It encompasses planning, administration and
controlling.
The various...show more content...
The advantages are as follows:
More than one owner is there in business and hence the risk is shared
Each partner will contribute capital and hence more capital will be available
This is also relatively easier to start compared to a corporation
The income from this type of ownership is taxed once as personal income
The disadvantages of a partnership is as follows:
The profits are shared between the partners. Hence, when compared to a sole proprietorship there is lesser profits
Generally, the liability of the partners is unlimited (except in the case of a limited liability)
It is difficult to transfer ownership
A corporation is a separate legal entity whose transactions and conduct of the business is separate from its owners. Corporations can borrow money,
sue and be sued in its own name. The advantages of a corporation are as follows:
The liability is limited to the amount paid on stock by the investor
The corporation has an unlimited life
There is separation of ownership and management as the corporation is a separate legal entity
Transfer of ownership is easy
As a corporation, it is easier to raise capital from equity and debt market
The disadvantages are:
The agency problem arises as there is separation of management and

Business Studies Essay Relating to Finance
Financial Management is a critical aspect of any business in order to achieve a sustainable and efficient cash flow. It is essential in maintaining the link
between a business's future financial goals (profit maximization) and the resources that it has in order to achieve its objectives. Businesses demand
certain common goals that increase a bussiness's all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in
all areas of the business whether it be management or not. And the ability to meet short term and long term debts. Finacial management undertakes the
responsibility to implement and acheive these goals for the business using a range of strategies shaped to meet the needs of the business and...show
more content...
By spreading expenses over the whole year there is a more equal cash outflow each month rather than one huge outflow during one month. An example
of this is the offer from insurance companies to be able to pay insurance premiums monthly instead of annually because of the excessively high costs.
Another strategy commonly used is 'Discounts for the early payments', This is where a business may offer discounts to account customers for the early
payment of their accounts to speed up cash inflow. This discount may be a little as 2–5%, but shows effective in terms of cash inflow as it gives
incentive for the customers, Giving both the customer and business a gain in the financial situation. Other incentives for early payment could include
small gifts and discounts on future orders that the customers may have. The business then may shorten the credit terms it allows for account customers.
Thus Reducing the number of days that a customer can take to pay its invoice, this will speed up cash inflow into the business as it recieves cash from
its sales much sooner.
Factoring, a short–term source of borrowing for a business. IT enables a business to raise the funds immediately by selling accounts receivable at a
discount to a firm that specialises in collecting accounts recievable (a finance or even factoring buiness). Factoring is an important source of short–term
finance because the business will recieve up to 90% of the totaly amount of

Finance, Economics, And Finance Essay
Statement of Purpose
As a child, I often accompanied my uncle to the stock market. Looking at the share index numbers on the large overhead screen, I was fascinated with
this world. As I grew up, I gradually came to appreciate the importance of financial sector in the modern world. In the university, I was fortunate to have
been exposed to many interesting and challenging fields. Though I ultimately chose to major in Accounting, I also 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 interest for this subject, that I have decided to pursue postgraduate studies in finance at your prestigious university. Earning a master's
degree in finance would ideally complement my undergraduate degree in accounting. My background in accounting provides me with fundamental
knowledge of many finance–related theories and concepts, as well as familiarity with statistics and data analysis. I learned the basic tenets of finance in
courses such as Economics, Management, Accounting and Corporate Finance. Through case studies and lectures, I broadened my

Finance Director Essay
I am applying for the Finance Director position advertised on your website. With over seven years' experience in finance and accounting along with a
solid academic background in Finance and pursuing my CPA license, I am confident I possess the skills and qualifications you are seeking.
Being a Controller I deal with a variety of financial budgeting, profit and loss, forecasting, cash flow analysis, cash management, sec reporting,
valuation analysis and running a team of 7 accountants, while handling numerous administrative duties. Among the most pertinent to the advertised
position would be my financial budgeting, forecasting, cash flow analysis, valuation analysis and business adequate.
Having my academic preparation in business...show more content...
I helped set up a 35 million dollar bank according that allows us to draw funds when necessary for capital purchases. Overall I have versatile
experience with alternative funding sources and know how to work with the funds readily available to organizations.
The Colorado tabor amendment limits the amount of revenue our government can collect and spend. The surplus in taxes collected must also be
refunded to Colorado's tax payers and any tax increases requires voter approval. This limits the ability for governments to raise taxes in order to
reestablish programs and update equipment necessary to help the public. Colorado Gallagher amendment set forth the guidelines on how the actual
value of property is assessed. This amendment simplifies the method used to determine the actual cost, market value and income based analysis.
I bring a unique variety of experience from the private, public, government and nonprofit financial sectors that allows me to understand GAAP, FAR,
CAS and other accounting standards currently used. I always look at the whole picture of an organization and how cutting cost affects operations and
the longevity of the projects. Having strong financial budgeting analysis ability allows me to build budgets that are accurate precise and easy to follow.
This allows operations to understand how much funding they are projected to have within a year and the amount they can expect to have for capital
assets, operational cost and

Essay On Finance

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Essay On Finance