Essays and Research Papers on Personal Finance

This 8 page paper considers why firms are increasing their borrowing and the underling reasons, such as the desire to increase value though investment or change. The paper considers the reality behind these perception and the advantages of increasing debt. The paper then looks at the disadvantages of increasing debt and the long term dangers. ...

Efficient Market Hypothesis, EMH, was developed in the 1960’s by Eugene Fama, today the theory remains one over which there is controversy. This 9 page paper begins by outlining the theory an the three variations; weak, semi-strong and strong. The paper then considers the evidence for each of these forms and looks at the way ...

This 3 page paper argues that the elimination of Glass-Steagall was a good idea. Examples, illustrations given. Bibliography lists 1 source.

This 11 page paper examines the role of non-deposit taking institutions (NDTI), such as general insurance companies, unit trust companies and pension providers, and how they are important in the role of intermediary. The paper looks at the general position an intermediary of this type and then more specifically at an example; Royal and Sun ...

A 2.5 page paper. Should the central bank be independent? The writer reports the purpose and duties of a nation's central bank and the fact that independence is becoming a more accepted notion. The essay also comments on the reason central banks can never be completely independent. Bibliography lists 4 sources.

A 7 page paper comparing the central banking systems of Argentina and the US. It appears that the primary difference in the central banks of Argentina and the US (aside from direct government involvement) is the ability of each to control the money supply as well as interest rates as instruments used in fine-tuning ...

This 6 page paper outlines what is meant by Eurocurency, such as the EuroDollar and paper considers the development of the market. The paper then looks at the role this market plays and how it is different from the domestic money markets. The bibliography cites 5 sources.

This 9 p-age paper looks at how accountants refer to full cost whilst at the same time using contribution theory and break-even analysis and critically appraises the two approaches which appear to contradict to each other. The bibliography cites 10 sources.

This 5 page paper discusses the statement that positive accounting theory can explain the greening of financial accounting disclosure but that it cannot provide a framework for improving it. The paper considers the link between positive accounting theory (PAT) and how it does or does not explain the increasing disclosure of environmental reporting and whether ...

This 3-page paper focuses on Keynesian theory and how it relates both to the GDP and fiscal policy. Bibliography lists 2 sources.

A 4 page paper discussing the likely future performance of Britain’s Debenhams, using the performance of House of Fraser and Marks and Spencer for comparison. The paper provides 6 financial measures (EPS, current ratio, net profit margin, etc.) calculated from the three companies’ annual reports for 2002 and 2003. The discussion that follows ...

An 11 page paper discussing Frito Lay’s financial position. No $27 billion company is going to fold because it underperforms its industry for a time, but Pepsico needs to analyze its positions in its various industries to determine the origin of the drain on the overall parent company. Many companies have coasted on ...

A 4 page paper assessing the state of the US economy and the response of the Federal Reserve Board at the end of 2003. In a speech made to the American Economic Association in early January, 2004, Fed governor Ben S. Bernanke reviewed the state of the economy; provided rationale for the Fed’s actions ...

This 10 page paper considers a case provided by the student. The company has two scenarios. With two production lines an offer has been made by a Japanese company to rent one for a fixed price, this is assessed in terms of the risk reduction against the weighted probability of the profit that will be ...

A 3 page paper discussing Harvard case 9-184-169, Waltham Motors Division. The manufacturing plant lost an important customer during the recession of 1991-92, and the accountant has hastily put together a performance report for the plant. Closer inspection reveals that the accountant has performed poorly himself. The paper provides a break-even analysis ...

This 10 page paper looks at the accounts of these two companies and considers their commonalities and differences as examples of similar companies with accounts prepared in different companies. The paper outlines some basic differences between UK and US accounting, and then examines each set of accounts looking at overall disclosure, foreign currency translation and ...

This 4-page paper focuses on defining unemployment and inflation and comparing how the two impact one another. Bibliography lists one source.

The multiplier effect is a well known economic model. This 4 page paper explains, in simple terms, what the multiplier process is and how it works, including an easy to understand example. The paper also explains why it works and also considers what factors may hinder the multiplier process. The bibliography cites 1 source.

This 6 page paper considers what is meant by audit risk and the types of audit risk that exist; inherent, control and detection. This is applied to a range of scenarios supplied by the student. The aspect of inherent risk and inventory is also discussed. The second part of the paper looks at how the ...

This 4 page paper looks at the financial performance of Delta Airlines during the five year period 1998 – 2002. The paper includes a table with profitability, efficiency, liquidity and leverage ratios. The bibliography cites 2 sources.

This 5-page paper suggests a proposed tax to help education, and determines how, when and where the tax will be levied. Also under discussion in this paper is how the tax compares to Adam Smith's Cannon of Taxation, and to progressive taxation. Bibliography lists 3 sources.

This 5 page paper provides an overview of current literature regarding the necessity for the standardization of accounting procedures in the global marketplace. In particular, this paper considers the impacts of the issue of standardization and the arguments that exist regarding its importance. Bibliography lists 10 sources.

A 7 page paper discussing the implications of Statement 109 for small business. The Financial Accounting Standards Board (FASB) spent nearly a decade debating issues surrounding the reporting of income tax issues before releasing “Statement of Financial Accounting Standards (SFAS) No. 109: Accounting for Income Taxes.” Statement 109 allows businesses to defer both ...

This 9 page paper considers the fact that major economic changes are occurring, and the impacts of these changes. This paper outlines the influence of economic changes on the development of businesses and the shift in political structure. Bibliography lists 8 sources.

This 36-page paper focuses on the differeing accounting standards between the United Kingdom and Nigeria. The paper discusses many aspects of these two countries, and includes a discussion of management accounting and its meaning as well. Bibliography lists 14 sources.