Month: September 2019

ICT in Financial Inclusion, Taxation, Excise and Finance – Santanu Sengupta – Part 2

Financial blogger

tv.eletsonline.com

Please also visit FIPS(“Financial Inclusion & Payment System”) fips.eletsonline.com

Elets – A platform for disseminating creative ideas on ICT

Elets Technomedia is a technology media and research company that focuses on ICT in government, education, healthcare, agriculture and rural development sectors. Our mandate is to provide effective information on latest development in different ICT tools, techniques and their applications across our verticals through premier print publications, online portals and premier events, seminars, conferences and summits. Elets has created a name for itself as a technology media and research vendor of choice.

Strategies

To strengthen and facilitate knowledge sharing platforms engaging with partners across the globe through International conferences to provide cross-cultural grounding to stakeholders and participants To provide stakeholders with a platform to share models of best practice, knowledge and experience on a range of issues in the domain of ICT in Governance, Education, Health, security, Urban and Rural Development To mobilise the communities towards creating a digitally informed knowledge society based on shared understanding

Elets Focus Areas

Elets provides an unmatched versatility for working with multiple partners and consultants to mutually share knowledge. With a vision to provide effective information on latest development in different ICT tools, techniques and their applications across various verticals with focused reference to governance, education and health, we

a) bring niche monthly publications;

b) provide knowledge exchange fora and

c) conduct research projects, primarily through Events & Conferences.

An Introduction of Financial Management Book of SMU MBA

Financial blogger

A well known university SMU is most famous for health and medical. Now, it is famous for distance education also. In the recent days, it has been known for distance MBA very promptly. The university provides own written books for its MBA education. There is an introduction of financial management book.

There are 15 chapters in the book. The book deals the management problems and financial resources in business firms. Financial management is known as basic managerial actions relating to the three major decision areas such as investment, financing and dividends and working capital management.

The book comprises 15 units:

1.Financial Management – the chapter explains the meaning, scope and examines the goal of corporate financial management.
2.Financial Planning – the chapter explains the meaning and need of financial planning.
3.Time Value of Money – the chapter introduces about time value of money and discounting of cashflows.
4.Valuation of Bonds and Shares – in this chapter writer explains about the valuations of bound’s principles and equity shares.
5.Cost of Capital – this unit describes the concept of cost of capital.
6.Leverage – it is one of the most important chapters in the financial management which deals financial and combined leverage.
7.Capital Structure – in this chapter many theories of capital structure has been introduced.
8.Capital Budgeting – the chapter explains the meaning, significance of capital budgeting decisions and about various investments of appraisal techniques. 9.Risk Analysis in Capital Budgeting – there has been introduced risk in capital budgeting decisions.
10.Capital Rationing – it examines the steps which involved in capital rationing process.
11.Working Capital Management – there are various concepts of working capital and factors that influence the working capital requirements in a firm. 12.Cash Management – this is the most important component of working capital.
13.Inventory Management – the unit describes about various forms of inventory management.
14.Receivables Management – cost of maintaining receivables, formulation of credit policy and determination of an optimal credit period has been discussed in the chapter.
15.Dividend Decision – basically, the chapter deals about payment of shareholders.

These are the brief description of financial management book of SMU MBA. A student can find more about these chapters in the book of Financial Management.

Pay day short term loan-Small financial aid till payday

Financial blogger

What is Payday short term loan? Todays life is full of uncertainty and occurrence of unpredictable events however cautious and careful you are. Unpredictable financial urgencies for very short terms are the most common example of such unpredictable events in life. It is quite natural that such unpredictable financial expenses are difficult to manage. But, Not Anymore.

We at Payday Short Term Loans are here to serve people when they need financial help the most. We offer a variety of short term loans for your different needs. You only need to choose the loan that suits to your requirement the most.

When should you borrow payday short term loan: We devised these short term loans so that you can meet your unexpected financial expenses that came after your last payday and you already spent the same. At this point we help you with a short term loan that you are required to repay on your next payday.

Loan amount, duration and purpose: Our pay day short term loans offer amounts between $100 and $1500 for a period of 14-31 days. Therefore, whether you need $100 or $1500 for 14 days or 31 days, you can contact us with confidence, irrespective of the purpose for which you need the money. You can use the loan the way you want. With our short term loans, you can pay off any pending house rent, electricity or phone bills you can meet any other expenses that came from nowhere.

Loan eligibility: In order to avail payday short term loan, you must be a US citizen and must have been working in your current organization at least for last six months. You are also expected to have a bank account in which the loan amount could be transferred.

Key features of payday short term loan: The most important feature of payday short term loan is the instant decision; you dont need to wait for days to get the decision. You apply for the loan and you get instant decision.

Another key feature of payday short term loans is that you can avail these loans even if you have unfavourable credit score. You can come to us even if your loan request was turned down by any other lender. This is because we understand your urgent needs and therefore offer pay day short term loans without any credit check.

Therefore, if you need loan of small amount for a short duration, apply for a payday short term loan. We offer instant decision in case of short term cash loans which can help you meet your expenses as and when you want.

The Pitfalls of Translating Accounting and Financial Statements

Financial blogger

All firms have income statements and balance sheets; and these financial documents reflect the valuation of all the assets and liabilities of the company. It is important to know that every change or mistake in every financial report can represent capital losses and can potentially cause the company to fail.

Changes and mistakes in the assets and liabilities statements are just some of the problems in international businesses. The inconsistency of exchange rates; it can actually affect the company performance and cause financial losses for the parent company. Thus, reports about assets and liabilities in foreign operations must be translated into the language of the home country. These financial translations should be accurate and thus be an accurate reflection of what is the current economy situation of the foreign subsidiary is.

Both firms and translators should remember that there are complexities and risks when it comes to financial translation. Inappropriate financial translation may have a negative impact both on the business and on the translator. It should be noted that choosing the right and professional financial translator is highly important and desirable.

It should be noted that all international firms are in some way influenced by three financial factors, exchange rates, interest rates, and commodity prices. Translating financial statements doesnt only involve the assets of the company but also all these factors that may affect the business.

There are several risks involved in translating financial statements; improper financial translation such as for interest rates, exchange rates, and commodity rates may lead to potential capital losses. Thus, financial translators should know about the risks that may arise if accuracy and efficiency of translation is neglected.

Financial translation risk is complex and often results in affecting the financial condition of the parent company and trigger capital losses for the company. Most firms are aware about transaction currency risk; however few are aware of the potential danger of financial translation risk.

Translation risk is a crucial issue in the business world, and thus, it should be noted that accurate financial translation is vital significant to the success and expansion of the company; and hiring a professional and knowledgeable financial translator is therefore a crucial decision that every international company should give importance to.

Financial translators should possess an excellent educational qualification and a wide experience in the financial industry. Professional translators have capabilities in translating across wide areas in the financial industry, such as audit reports, exchange rates, interest rates documents, and liabilities reports of the company. In addition, skillful financial translators should not only possess a knowledge of the financial industry but should also have a high linguistic proficiency in the target language.