StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

MBA-International Accounting and Finance - Essay Example

Cite this document
Summary
On account of its global operations a multinational company has to deal with international clients. The management of both the domestic and…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
MBA-International Accounting and Finance
Read Text Preview

Extract of sample "MBA-International Accounting and Finance"

Download file to see previous pages

This means that they try to achieve quick realization of credit sales and delay the payment of the payables. By way of this they try to maximize “net float” (Brigham & Ehrhardt, 2008, pp.958). In a business it is important that the financial resources are channelized effectively. This is facilitated by the financial managers who allocate the resources to the various departments as per their requirement. Besides the need based allocation of the resources it is important that the business does not lose out a possibility of earning an additional income on the surplus cash balances.

To ensure that the cash balances do not remain idle the financial managers invest these cash balances temporarily to earn positive returns. The multinational companies like their domestic counterparts employ the same procedures for the achievement of the above mentioned goals. This indicates that the basic objectives of the multinational and domestic companies are the same but the task of multinational companies is far complex. When it comes to investment of funds the domestic companies generally think with respect to domestic securities whereas the financial managers of the multinational companies are expected to be aware of the investment opportunities across the world.

The multinational companies generally work in association with the international bankers and their staff and are thus in a position to make gains out of best available rates anywhere in the world. Policies relating to credit are more crucial for the multinational companies as compared to the purely domestic firms. For instance trade in US involves poorer or developing nations. In this kind of a situation ‘granting credit’ is the necessary norm for business. Moreover the developed nations impart credit facilities to their foreign customers for making their manufacturing firms globally competent.

When it comes to granting credit the risk of the multinational companies is higher than

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 words”, n.d.)
MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 words. Retrieved from https://studentshare.org/miscellaneous/1568871-mba-international-accounting-and-finance
(MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 Words)
MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 Words. https://studentshare.org/miscellaneous/1568871-mba-international-accounting-and-finance.
“MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 Words”, n.d. https://studentshare.org/miscellaneous/1568871-mba-international-accounting-and-finance.
  • Cited: 0 times

CHECK THESE SAMPLES OF MBA-International Accounting and Finance

Professional Career Path for Accountant

hellip; The Association of Chartered Certified Accountants (ACCA) is an international body that offers qualifications for to people who want to make a career on professional accountancy and finance (Page, 2002).... It offers an entry for individuals who want to pursue a career in finance and accounts but are new to this field and do not meet the ACCA qualification entry requirements.... CIMA offers a syllabus that is structured to motivate accountants pursuing their career in finance....
4 Pages (1000 words) Essay

Porter's forces analysis

Using the framework proposed by Michael Porter, conduct a mission-driven analysis of Baruch College/Zicklin School of Business.... Where and when relevant, please include any macro-environmental forces that can impact each of the five forces within the Porter model. … It is important that your essay be an application of the theory to the Zicklin School of Business rather than a discussion of the theory itself....
5 Pages (1250 words) Essay

Fair Value of Accounting

The valuation technique(s) appropriate for the measurement, considering the availability of data with which to develop inputs that represent the assumptions that market participants would use in pricing the asset or liability and the level of the fair value Fair value accounting has cemented its place really well in the world of accounting on the grounds that it gives more relevant information to users.... According to Patricia McConnell1, fair value accounting method requires the preparers of financial statements to adjust them according to the fair values....
5 Pages (1250 words) Research Paper

Strategic Rationale and Masters Objectivity

In order to help fight corruption within the public sector, I expect this MBA course to give me the opportunity to reflect upon the role and responsibilities of internal and external auditors including the importance of corporate governance within the practice of accounting and finance (Moeller 2009).... Among the basic subjects that I have taken up at UWBS, the most applicable to my chosen profession is accounting and finance management.... As a government employee who specializes in the field of Budgeting and finance, I was given the privilege to enrol for a Masters in Business Administration (MBA) under a government scholarship programme....
6 Pages (1500 words) Essay

Admission for Accounting and Finance Master Of Business Administration

Currently, I am looking for a scholarship from the American Association of University Women (AAUW) International Fellowships to complete my dual MBA in accounting and finance.... I possess a bachelor's degree in finance from Georgia state university.... His first-hand experience with these factors in Burkina Faso is what has driven me to develop a passion for accounting....
1 Pages (250 words) Admission/Application Essay

Comparison of Undergraduate Programs in the American Universities of Cairo, Beirut, and Sharjah

nbsp; Administration (with majors in finance, marketing, management, accounting, management information systems, and economics) that is offered at the three universities.... This report, Comparison between Universities, examines a specific undergraduate program offered at the American University in Cairo, the American University of Beirut and the American University of Sharjah, and then make comparisons based on a number of factors....
4 Pages (1000 words) Assignment

Accounting Career

The paper “accounting Career” looks at a career that involves the love and passion for seeing things happen right as far as keeping financial records is concerned.... One may be required to possess a bachelor's degree in accounting, and at times, may be required to possess an MBA in accounting.... Other possible fields of specialization apart from public accounting may include internal auditing, management, cost estimation, financial analysis, budget analysis, personal financial advising, and tax examination....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us