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Papers On Money & Banking / Corporate Finance
Losses from Failure of Internal Controls
LUCENT AND SAS 99 COMPLIANCE
Lucent Technologies
Macroeconomic Forecasts for Wal-Mart, Sears and Target
Macroeconomic Projections
Major Trends and Developments Affecting the Financial Services Industry
Man Group PLC
Management Accounting Case Study
Management Accounting Decisions
Management Accounting for Wal-Mart 2002-2003
Management Accounting in Retail
Management Accounting in the Convenience Store
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A 6 page paper examining the failure of internal controls that resulted in losses to the organization or to its stockholders. Examples include Enron of course, but also a small Alabama trucking company and the National Australian Bank (NAB). The paper concludes that a standard approach to computer programming is that someone takes a newly-finished product and sets out to make it crash or otherwise break it. Adopting the same approach to testing of internal controls likely would be advisable, because when it is discovered that internal controls were not sufficient to deal with the threat that existed is far too late. Bibliography lists 8 sources.
Filename: KSacctIntContFail.rtf
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This 5-page paper discusses SAS 99, Sarbanes-Oxley and Lucent Techologies, in terms of what might be a "red flag" on Lucent's financial statements. Bibliography lists 5 sources.
Filename: MTlucsar.rtf
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This 8 page paper considers the position of Lucent Technologies Inc. The writer considers performance indicators such as profit and share price, the competive position and strategies and also conduct a SWOT analysis to consider the company’s strengths weaknesses, opportunities and threats. The bibliography cites 7 sources.
Filename: TElucent.rtf
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A 4 page paper discussing forecasts for these companies 2004-2006 in terms of macroeconomic factors. Of course the macroeconomic environment plays a huge role in retailers’ success, but then so do those who establish and then implement policy and goals. Sears and Target are not entirely equal with Wal-Mart in terms of buying power, but they have the necessary management tools that could place them on more equal footing with the retail giant. What management does with the opportunities before it depends less on having ready cash than it does on practicing sound management. Bibliography lists 7 sources.
Filename: KSmgmtEconWal.rtf
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This 3 page paper looks at the projections which have been made for the US in terms of short and long term GDP performance starting in 2003, and two year performance on inflation, interest rates, unemployment, population and labour force growth as housing provision. The paper shows how the different forecasts interact. The bibliography cites 4 sources.
Filename: TEUSproj.rtf
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A 5 page paper discussing changes in the financial services industry. The purpose here is to identify five major trends and developments in the financial services industry, particularly those in banking as those trends affect other segments of the larger financial services industry. The trends identified here are consolidation within the industry; the growing importance of the electronic environment; globalization effects; currency issues; and increased need for information security. Bibliography lists 7 sources, 6 from 2003.
Filename: KSbankFinSrvs.rtf
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This 4 page paper looks at the man groups, outlining the background and remuneration of the CEO and also the board of directors. After this the paper considers position according to the analysts and the social position of the company. The bibliography cites 2 sources.
Filename: TEmangrp.rtf
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This 11 page paper looks at a case study provided by the student and recalculates accounts prepared using absorption costing to making use of marginal costing. The paper also considers u=issues of management information systems such as activity based accounting and the way in which profit may be maximised when there are limited resources. The bibliography cites 3 sources.
Filename: TEmanac1.rtf
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A 5 page paper assessing two management accounting cases. One addresses whether a one-location retail establishment should eliminate one department and expand another, one addresses the inability of a company’s board to determine where the company’s profits and losses lie due to inept accounting. Includes 3 tables. Bibliography lists 1 source.
Filename: KSacctMgmtDecide.rtf
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A 2 page paper calculating and presenting a contribution margin and determining breakeven point for Wal-Mart in 2002 and 2003. Values used for fixed and variable costs essentially are fictitious, but not entirely so as they are reported values for revenues, cost of goods sold and SG&A expenses used for sales, variable costs and fixed costs, respectively. Bibliography lists 2 sources.
Filename: KSacctWal-Mcont.rtf
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A 6 page paper discussing the problems of
existing accounting methods at a medium-sized retailer, the benefits of an activity-based system of
management accounting and an approach to implementation. Senior management is reluctant to
commit to the costs of implementing a management accounting system, but the paper shows that
incremental implementation on the department level is effective right away. Bibliography lists 7
sources.
Filename: KSmgAcctRetail.wps
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A 4 page paper answering 5 questions of how a management accounting software package can assist convenience store owners to achieve greater profitability and operating efficiency by identifying those products that are most profitable. Every square inch of a convenience store is valuable to its management, and changes in the industry dictate that these stores operate with maximum efficiency. Store owners are learning that the highest profit margin items are not necessarily the most profitable ones to carry. Bibliography lists 3 sources.
Filename: KSacctMgmtConvSt.rtf
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