and 60 percent depend on agriculture (according to the World Bank reports), micro-finance can play a vital role in providing financial services to the poor and low income individuals. Microfinance is the form of a broad range of financial services such as deposits, loans, payment services, money transfers, insurance, savings, micro-credit etc. to the poor and low income individuals. The importance of micro-finance in the developing economies like India can not be undermined, where a large size of
of our society on how to make smart choices within financial literacy. There is a big deal on if students should be able to take financial literacy classes and if it will benefit them in the long run. According to Gina Davis, in her article "Finance Course Prompts Debate", students should be able to take these classes because it covers money and everything
of return and are protected by contractual obligation. As financial capital is an undetermined but critical resource for all firms, suppliers of the finance are able to apply control over firms. the two major classes of financing for a business are debt and equity. The contractual obligations order about what return is to be paid for the finance and when it is due. Equity holders are the residual claimants of all the business’ returns, posture most
PART A Do you think finance departments are the best place to train future CEOs? Now in companies, the CEO position is getting replace by CFO post. The Chief Financial Officer now performs many important activities that mainly includes handling a controlling the cash flow, by taking into account the company’s liabilities and understanding it and in raising the capital which revolves around the company’s financial department. The main objective of any CFO is to look upon the profitability of the
Abstract-Inclusive growth is much needed to include common people into the orbit of development. Social and economic justice can be provided only with the inclusion of hitherto excluded deprived section of people. Lot of measures was undertaken by the Government of India and Reserve bank of India together to mitigate the problem of financial exclusion. It leads to particularly, development of all sections of people. To achieve this multi-model approach was adapted. Service Area approach, priority
As a part of financial system, BNM acts as a vital organization which provides a conducive environment for the sustainable growth of the Malaysian economy. One of the most important functions played by BNM is issuing currency. In order to issue currency, BNM shall arrange for the printing of currency notes and stamping of coins. Besides, BNM will also issue, re-issue as well as exchange notes and coins at its office and other permitted agencies. On top of that, safe custody of unissued stocks of
DISMISSING COST FROM FINANCE AND ACCOUNTING By Anaghh Sharma TABLE OF CONTENTS EXECUTIVE SUMMARY 2 FINANCE AND ACCOUNTING OUTSOURCING INDUSTRY 2 KEY PLAYERS 5 WHY TO OUTSOURCE 13 DIFFERENT OUTSOURCING MODELS 13 CHALLENGES IN OUTSOURCING 15 BIBLOGRAPHY 15 EXECUTIVE SUMMARY As the businesses grow, the effective measurement, analysis, communication and control of financial information becomes more and more important, hence, inadvertently leads to increase in the cost of finance and accounting
1. Management Team Many of the organization's prosperity or disappointment relies on upon the administration group. Financial speculators in a perfect world search for an organization that is controlled by supervisors with a reputation of progress, either inside of the organization they are giving the cash to or in past positions. Investors, or VCs, take an immense danger in the human side of the comparison on the grounds that they can't generally foresee how individuals will carry on. They can't
aggregate responsibility for their own lives and plan for their future. Managing money is one of the most significant and challenging features of everyday living. All organization, irrespective of its size or ownership pattern, has to manage its finances. The overall purposes of an organization cannot be accomplished in the absence of financial management. Various organizations flop in their objectives because of financial mismanagement. Therefore, financial management is vital for all types of organizations
Accounting standards are an integral part of the accounting process. If properly implemented, they can create business expansion and facilitate the flow of user-friendly information to several different users including investors, banks, regulators and the public. This is a cyclical process and if accounts of a business are properly prepared in accordance with accounting standards, it encourages confidence in the business and this in turn boosts trade. In order to allow investors to make informed