Factors affecting international equity return

The title of our project is factors affecting international equity return. The purpose of our study is about the equity markets and equity returns. This concept paper examines the functioning of the equity market and equity return from conventional and Islamic perspective. In general for first decade of 21′ century, Islamic financing shown tremendous increase. … Read more

The Indian banking industry

CHAPTER I INTRODUCTION A financial system, which is intrinsically strong, functionally varied and displays efficiency and flexibility, is creating a market-driven, productive and competitive economy. A strong system supports higher levels of investment and promotes growth in the economy. The financial system in India consists of financial institutions, financial markets, financial instruments and services. The … Read more

The banking sector, technology and service delivery

Introduction The revolution came after the modernization and globalization process in economy has a considerable impact on the financial institutions. The financial sector reforms and the reforms of banking sector are a part of the economic reforms. The banking sector holds the central position in the global economy. In this modern world of money and … Read more

IFRS – Korea

Korea’s accounting system has a long history as it faced a lot changes through the years. As the technology evolution, begun, new easier methods where introduced by the years for recording simpler the transactions of bookkeeping. However through the years of accounting history important fluctuations were made as many economical changes affected the world that … Read more

Basel III

1.0 Abstract This paper tries to understand the reasons that led bankers in establishing Basel III agreement and, examine whether it would bring about prudent risk management in banking. Basel III is a set of regulations, developed in response to the financial crisis, following Basel I and Basel II. The procedures developed by BCBS meant … Read more

INTRODUCTION OF MICRO-FINANCE

The word ” micro” literally means small and finance also mean investment or support, therefore microfinance can be define literally as small investment and support. Microfinance is provide broad range of financial services like deposits, loans, payment, services, money transfer and insurance to those who need loan.. Microfinance is defined as ‘financial services (savings, insurance, … Read more

What are the price reactions of cross-delistings and what are their drivers?

1. Introduction In the early nineties European firms decided to list their equity on the U.S. market besides their own domestic listing, cross-listing their shares. Cross-listings happen when firms list their equity on a foreign exchange in addition to their home listing. Cross-listings are accompanied by costs. For example, European firms that decide to list … Read more

The differences between financial and managerial accounting

Abstract This paper discusses the differences between financial and managerial accounting. Furthermore, it addresses the types of information provided by both financial and managerial accounting. The Institute of Management Accountants (IMA) Standards of Ethical Conduct for Management Accountants are emphasized. These standards include four major principles that define their existence, which will be clarified in … Read more

Mauritus – banking system

ABSTRACT A stable bank system is an important foundation which help modern economies maintain stability and vigorous development. The purpose of this study is to explore some important features which influence performance of commercial banks industry in Mauritius. For this purpose, 10 commercial banks are selected on the source of obtainability of vital information. The … Read more

MANAGEMENT ACCOUNTING

Part A Q1 The position that cans felid by management accountant: by (Hilton 1999) 1. Corporate treasurer: is the job summit that management accounts aspire to. The financial responsibilities within a firm, managing liquidity risk, issuing debt, interest rate risk and managing capital .he sits on the board of director managing finance committee. 2. Chief … Read more

Benefits of adopting international financial reporting standards

LITERATURE REVIEW 2.0. Introduction The expected benefits of adopting the International Financial Reporting Standards cannot be over emphasized. The quality of information provided in financial reports determines the usefulness and reliance of such reports to users. The characteristics by which quality can be measured are relevance, reliability, understandability and comparability. The convergence of most countries … Read more

Cooperative Banking: It's the thought that counts?

A study about whether the organizational structure of a cooperative bank is still relevant in modern times. Abstract The aim of this thesis is to identify whether cooperative banks are still relevant in the current banking sector. Cooperative banks were historically of great importance to improve the accessibility of capital with great social focus. As … Read more

E-payment

The growth of modern civilization hinges on payments. Systems of payment have substantially metamorphosed over time, from the stone age barter system, through to coins and to virtual payment ( Ferguson, 2008) Ejisi Volume 15 According to (Kumaga, 2010, p. 22) Electronic payments in most African countries is very limited in use or virtually absent. … Read more