Tuesday, February 18, 2020

Anything in Corporate Finance Field Research Proposal

Anything in Corporate Finance Field - Research Proposal Example Given that this is a completely new type of accounting, a number of questions are popping in the minds of accounting professionals:- Given that this is an entirely new governance system, a number of experts are trying to answer such questions or raise more questions. The author proposes to undertake a broad educational perspective of this subject by assessing the current company valuation techniques and then try to evaluate if these techniques are feasible to carry out fair value measurements of company assets. [Mard, Michael J. 2008] Fair value measurements have been in discussions for many years but post the current Sub-Prime crisis the same is in the process of getting mandatory for publicly listed organizations and a number of private companies as well. This new requirement is expected to trigger a number of researches in the industry trying to answer the questions that is raised by practicing accountants of the industry. The author proposes to contribute by trying to answer the following Research Questions pertaining to the proposed research: In an interview with Mr. ... ny years but post the current Sub-Prime crisis the same is in the process of getting mandatory for publicly listed organizations and a number of private companies as well. This new requirement is expected to trigger a number of researches in the industry trying to answer the questions that is raised by practicing accountants of the industry. The author proposes to contribute by trying to answer the following Research Questions pertaining to the proposed research: (a) How effective are the current company valuation techniques in determining the fair value of company assets (b) What are the possible fair value measurement methodologies that companies should be following (c) Will these fair value measurements effectively mitigate the risks of overvaluation of company assets The research will be conducted in academic style and hence will be a mix of academic theorizing as well as investigation into limited practical implications. Literature Review In an interview with Mr. Robert H Herz, FASB Chairman, he emphasized that the SFAS 157 is not the first introduction of the concept of Fair Value measurements. Fair Value has appeared in many standards in the last few decades and hence is not a new concept. However, a consolidated standard of fair value from GAAP perspective was needed and SFAS 157 was introduced to fulfil this criteria. The emphasis of fair value is to provide accurate information to those individuals that study financial statements and then take decisions on investments & credits based on such statements. Fair value is not essentially a replacement of historical costs but is an additional projection to the users of the accounting statements about the current market valuation of assets whereby cash assets and cash equivalents should be depicted separately.

Tuesday, February 4, 2020

Letter of Intent Essay Example | Topics and Well Written Essays - 500 words

Letter of Intent - Essay Example At the age of 11, I moved to the new world and it was in America that I fully experienced the problems of adjusting and integrating into a new culture. From the language spoken on the streets to the manner in which the schools functioned, everything was different and everything was new. I feel that I could have simply faded out and been overwhelmed with pressure had it not been for the kind teachers and other professionals who were willing to help. I remember one teacher in particular who clarified to me both cultural and educational differences and spent hours of her time engaged with me after work. I recall that even knowing the different currency values was an enlightening step for me. Even understanding the various mathematical conventions became a revelation for me since it allowed me to perform better at school. The dedication of these teachers put me in a position that today I wish to be a teacher myself and help those who may need assistance from my side in any way I could provide it. This is the root of my intent since I clearly remember the hard work, effort and persistence of individuals such as her. My life experiences were changed completely due to the care shown by my teachers and I hope to carry on the same process. I particularly want to focus on Low-income communities since they may have many children who desperately need help I am sure that I can make a positive difference in their life by sharing my experiences with them and teaching them. I also believe that without the presence of organizations such as the corps, many such children could easily be lost in the system. To conclude, my personal aim in working for the corps is completely inline with the agenda of the corps to provide all possible support to the children who are growing up in low income communities. I have no qualms in saying that my aim certainly stems from my own experiences and the difficulties I faced in coming to accept a