The need for a balanced scorecard at MARSAMAROC 2012
Case study - 7 pages - Accounting
The Balanced Scorecard framework, proposed by Robert S. Kaplan and David A. Norton, is one of the most evident achievements of performance measurement revolution. Since 1980s many authors have realized the inadequacy of traditional performance measurement systems, based on traditional Managerial...
International accounting - published: 21/05/2012
Case study - 6 pages - Accounting
“According to statistics from the World Federation of Stock Exchanges, the value of trading in foreign companies accounted for 9.75% of all trading on the major stock exchanges in 2002”. This citation, also part of the Tweedie, D. Article in the Northwestern Journal of International Law...
Strategic analysis of Mercedes Benz - publié le 15/02/2012
Essay - 28 pages - Accounting
Mercedes-Benz is a German brand of automobiles, buses, coaches and trucks from the DaimlerChrysler company (formerly Daimler-Benz), commonly known as Mercedes. Mercedes-Benz is the world's oldest automobile manufacturer and the origin of the company dates back to the 1880s, when Gottlieb Daimler...
Strategic analysis of Nissan group - publié le 14/11/2011
Market study - 20 pages - Accounting
“As the crisis has evolved, Nissan has remained focused on the recovery, guided by our corporate recovery plan. Although our company is still operating in crisis mode, Nissan is on track toward a complete recovery. In fiscal year 2009, we returned to profitability after losses in the prior...
Financial Reporting and the Financial Markets
Dissertation - 8 pages - Accounting
Currently one of the most discussed economic phenomena of all times, globalisation has had a major impact on the world economy. Traditionally driven by trade, this globalisation is now taking a new form through a growing internationalisation of the world's financial markets. The value of...
Conflict of interest at Walmart
Thesis - 4 pages - Accounting
Wal-Mart Stores, Inc. is the largest retailer in the world, and it was founded in 1962 by Sam Walton. It is expanding further throughout the world to penetrate the global market. Wal- Mart operates retail stores in the United State in three different segments: discount stores, supercenters and...
Lumber Company Case - Managerial Accounting
Case study - 1 pages - Accounting
A lumber company is considering an expansion of its facilities. The company believes it can sell lumber for $0.18/board foot. The tax rate for the company is 30 percent. The company has the following two opportunities: - Build factory A with annual fixed costs of $20million and variable costs of...
The link between financial reporting and capital markets: Evaluating the extent of development and use of International Accounting Standards
Essay - 4 pages - Accounting
“As capital markets play an increasingly central role in today's modern economies, policy-makers are confronted with the question of how to assure the continued effective functioning of these markets and, in particular, how to develop a sound financial reporting infrastructure.”...
Installation of a system of cost accounting in Monegasque (Morocco)
Dissertation - 84 pages - Accounting
Cost accounting has a double arsenal. As a first arsenal in the long term, it is probably very effective because it addresses the costs, and requires political courage of managers. This arsenal includes the planning, control equipment and staff and a real management control. A second arsenal is...
The Enron business and the financial statement of Michelin (2008)
Essay - 4 pages - Accounting
Enron was founded in 1985, and was one of the largest global corporations and the seventh biggest U.S. Company. It had become the world's leading energy brokerage firm. As a flourishing company, it publicly traded, and it seemed like a success story in the world of energy. But in 2001, the...
The tax on added-value (VAT)
Course material - 4 pages - Accounting
Value Added Tax (VAT) is an indirect tax on consumption that is paid by the consumer. The company is an intermediary between the consumer and the final state. The company acts as a collector of taxes, and VAT has no influence on the outcome. It is neither a burden nor a product for the company....
The conceptual framework of the financial statements in IFRS
Case study - 10 pages - Accounting
In March 2002, the European Council (under EC Regulation 1606/2002 OJ of 11 September 2002) has made mandatory the application of international accounting standards for consolidated accounts of listed companies from January 1, 2005. All the international standards adopted by the ARC (Accounting...
Do IFRS have a share of responsibility in the current financial crisis?
Essay - 13 pages - Accounting
The fourth quarter of 2008 witnessed a stock market crisis without precedent, perhaps the most violent ever known in the history of capitalism, as its aftereffects rippled throughout world economy. The implosion of the ‘sub-prime' mortgage market in the US caused major stock market crashes...
International standards of financial information (IFRS) and the concept of the right value
Case study - 5 pages - Accounting
The international financial environment is in constant transformation and hence, the International Financial Reporting Standards (IFRS) has been implemented. The setting up of the IFRS is a logical revision of the international financial system, particularly following the collapse of Enron in...
Study of standards of IAS (International Accounting Standards), of an international dimension, and comparison with principal rival of the US GAAP
Dissertation - 93 pages - Accounting
The last modification date of the French accounting plan was in the year 1999. This change has increased the rigor given to accounting in French companies. The (International Accounting Standards or the IAS are developed by members of the NCC with transparency. In Europe, the Commission...
Governance and management of income: an empirical study in the Tunisian context
Dissertation - 49 pages - Accounting
Through this research, one can define the concepts and theories of management results in the first chapter. In the second chapter, it will address the impact of governance mechanisms on the management statement. Finally, it will address this problem through an empirical study in the Tunisian...
Study of the IFRS/IAS standards
Dissertation - 42 pages - Accounting
The chief executive of KPMG, Jean-Luc Decornoy, had announced in June 2006 that the goal of harmonization of financial statements was not reached between accounts and areas between countries. This statement raises many questions about the reasons, and this is an invitation to reflect on the theme...
Are IFRS standards beneficial to the French companies?
Dissertation - 46 pages - Accounting
Multiple accounting policy discrepancies have raised awareness that a solution should be found to harmonize and unify accounting standards. Thus, in 1973, ten countries got together to try to respond favorably to this issue and they established the IASC (International Accounting Standards...
Establishing marketing offers to increase Oxfam sales
Book review - 18 pages - Accounting
Oxfam International is a nongovernmental organization which is actively involved in the fight against poverty in order to reduce the economic disparities in the world. This organization is present all over the world, and is, nowadays, the leading international NGO with a worldwide reputation for...
Logistics of international trade: The oil market
Case study - 15 pages - Accounting
Nowadays, the oil market can be considered the engine of the world's economy as each variation on the stock market can have social, political or diplomatic consequences. A world without oil is inconceivable today. We require oil for transport, industries etc. The global oil market is set to...
Managerial procedure methods for allocation of Job Costing
Thesis - 1 pages - Accounting
Learn the basics of accounting on how to use several kinds of accounting methods to define the cost of product and how it can be applied to profitability and overhead factors. Assessing the cost of goods is beneficial to profitability examination. In the production environment, many variables...
The cash flow statement
Worksheets - 16 pages - Accounting
It's a financial statement that reflects the inflow of revenue and the outflow of expenses resulting from operating, investing and financing activities during a specific time period. The cash flow statement is distinct from the income statement and balance sheet because it does not include the...
An overview of ratio analysis
Thesis - 4 pages - Accounting
Profitability ratios measure the firm's use of its assets and control of its expenses to generate an acceptable rate of return. Without profit, there is no cash and therefore profitability must be seen as a critical success factors. ROCE is decreased from 13.11% to 8.59% it means that store is...
Starbucks Coffee - The French flop
Case study - 1 pages - Accounting
Starbucks Coffee is a chain of cafes. The escorted image is the one of the Central Park Perks Café (the one of the TV Show Friends): a warm and cosy place where beautiful young smart and intellectual people are going to relax after a hard work day. A place where you are not leaning at the counter...
Advanced corporate finance - published: 06/10/2010
Course material - 3 pages - Accounting
Stock A: ER = 5%, SD = 5%; Stock B: ER = 10%, SD = 10%; The correlation coefficient is 0.5. a) Show how you can create a portfolio with these two stocks which would have an ER of 8%. What is the SD of this portfolio? Formula : ?(Wa2 x oa2 + Wb2 x ob2 + 2 x Wa x Wb x oa x ob x pab) Standard...
International Accounting and Finance
Essay - 6 pages - Accounting
Since 2005, companies listed in the European stock exchange have to present their financial statements in accordance with the International Accounting Standards (IAS), rather than comply with their national reporting standards. According to the European Parliament, the creation of such standards...
German accounting rules are suitable for solely domestic companies but not for multinational enterprises. Discuss - publié le 29/09/2010
Essay - 6 pages - Accounting
Following the Industrial Revolution in 1850 or so, the traditional German accounting appeared in an economic context fiercely influenced by banks. Indeed, for almost a century, banks had been the major financing sources for enterprises. After the WWII, the internationalisation of markets has led...
The accounting harmonization - published: 29/09/2010
Essay - 9 pages - Accounting
Firstly we will have to consider the relevance of international accounting in history and its requirements to be successfully implemented. Secondly we need to examine the benefits of implementing these international standards. Finally we have to conclude by sighting the significant obstacles with...
Analyzing financial statements - Vivendi and Carrefour
Financial analysis - 11 pages - Accounting
Vivendi is one of the largest companies in the sector of the entertainment and the communication. It is the first (worldwide) concerning the video games, the music, the telecom in France and Morocco and the TV-pay in France. It products and distributes contents all around the world with a global...
Financial statements analysis of JC Decaux
Financial analysis - 15 pages - Accounting
In the framework of our Analyzing Financial Statements, we are asked to make an analysis of a firm. This analysis should emphasize the company's management, strategy and its financial situation. I chose to work on the JCDecaux Group. I based my file on a question: “How JCDecaux group, an...
