19/11/2019 Finance makes the world a new place

The Shot Heard Round The World!

The Shot Heard Round The World!

As I expected, the U.S. downgrade by S&P was going to be a lot worse for the stock market than for treasuries. This came as major surprise for most people as it is counter intuitive. The reason being is that it was not so much a loss in confidence in the ability of the U.S. Government to pay its debts as it was a signal that the free spending ways of the last 50 years is ending. History shows that sovereign downgrades spark action in governments to tighten their belts and cut budgets. Less spending, whether it be in employment, infrastructure or social services including Social Security and Medicare means less aggregate demand in an economy and thus less revenue and profit.

In simple terms, the downgrade applies very little to the creditworthiness of U.S. Treasuries, even though we are now rated below Finland, Luxemburg and the Isle of Man. It was only S&P that downgraded us, while both Fitch and Moody’s left the triple A rating. The real effect, and what it really means to you and me, is that it is going to light a fire under our politicians ass to cut spending at a time when our economy is already incredibly fragile from not enough spending and consumer demand (70% of our economy is consumer spending) from our aging population which naturally spends less as it gets older and an already massively indebted population who has no more spending power.

With the recent drop, there is a lot of talk about this being similar to last year’s correction. This is not D?j? vu all over again. The global economy is slowing and the global debt crisis is getting more intense, and it’s not just a U.S. problem either. It is a global problem, particularly amongst the developed …

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From Record Keepers to Strategic Advisors

Opportunities for finance

The finance department sits at the heart of any organization. Part of its job is to collect, disseminate and analyze financial and non-financial information – a somewhat time-consuming and laborious process. Finance can therefore be a powerful agent of organizational change. It can use the information that it collects to assist decision-making, achieve objectives, and avoid problems.

However, a lot of finance departments are spending too much time and effort creating financial documentation, and not enough time analyzing their data. This is where Business Intelligence comes to the rescue. Adopting BI practices frees the finance team from manual data collection and report production so that it can engage in more value-added activities.

BI tools can assist with the creation of a data warehousing environment that contains all the data that the finance department needs, with the appropriate rules and calculations already applied. They will also provide reporting, analysis, dashboard, and planning tools that access the data warehouse sources, as well as empower finance users to explore data on their own without help from their colleagues in IT. Once a solid BI infrastructure is in place, the finance department can spend 80% of its time analyzing data instead of collecting it (Wayne Eckerson, 2010).

Imagine a future

– where the CEO calls a meeting and everyone agrees on revenue, profit, and cost numbers, and decisions are made based on facts, not gut feel, tradition, or arm twisting.

– where a CFO checks the company’s overall profit and loss position daily and, with a few clicks, views the contributions of every region, group, and product line, and then drills down to view individual orders and expenditures at a product, customer, or supplier level.

– where a controller can automate the standardization of financial transactions across a global …

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The Many Reasons You Need to Hire Compensation Consultants

When it comes to ensuring your employees get the benefits and compensation they deserve, it can feel like an overwhelming task as a business owner. There are various factors to consider and it takes time to evaluate work performance on a regular basis for all of your employees. By hiring a compensation consultant, you can reduce your workload and gain many more benefits.

As we discussed above, time is a factor that goes into determining employee performance and the compensation they receive from doing so. As a business owner, it’s infeasible to assume that your day allows enough time to do this effectively. When you decide to hire a compensation consultant, they can come in and utilize their time to do evaluations. A consultant solely focuses on understanding employee performance and determining the right compensation structure to reward them. This allows you the freedom to spend your time focusing on putting out the daily fires that pop up while resting assured that the fair compensation of your employees is being handled.

If you are a new business owner, it’s likely that the idea of determining the right compensation level and benefits to go along with it seems like an overwhelming feat. You may not be ready to spend a lot of time and effort trying to master this skill as you want to focus your time and effort on the business itself. However, you know how important it’s to reward top talent to ensure you retain their knowledge and expertise. A compensation consultant has the experience and skills in this area to come in and effectively decide on compensation packages and executive benefits planning without you having to get involved.

As much as you like to think that you can become unbiased when it comes to making decisions about compensation …

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Buying A Automotive With out Getting Ripped Off

FinanceThe MSc in Finance on the University of Stirling offers you an intensive grounding within the principle and analytical techniques utilized by finance professionals that can provide help to to grasp how cash influences the world we live in. We offer a worldwide perspective on the process of financial choice-making and practical information of the workings and role of financial markets within the allocation of capital. Experimental finance aims to establish different market settings and environments to watch experimentally and provide a lens by means of which science can analyze brokers’ behavior and the ensuing traits of buying and selling flows, information diffusion and aggregation, value setting mechanisms, and returns processes. The connection between Islamic finance institutions and their customers is just not the same as the traditional creditor and debtor relationship, however reasonably one involving the sharing in financial dangers and rewards. It has been about two years since Yahoo board members and CEO Marissa Mayer huddled among themselves repeatedly to resolve what to do with the company. The Insurance (Amendment) Act 2016, additionally enables the operationalisation of threat-based mostly solvency requirements for insurers that were launched in the Finance Act 2013.

A 3rd impediment is, in the eyes of some Islamic finance experts and students, an incompatibility of some of the constructions that have been developed with the principles of Shari’a. I think that is just about getting them considering personal finance and some of the primary finance one hundred and one stuff which allows them to get going for the for much longer run. Markets, upset and signaling frustration in slipping stock prices, pushed Meyer and the Yahoo board towards a remaining move. So nice to see Social Finance Forum was so well attended – and there have been lots of new faces.

Attention-grabbing Article – I …

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How To Save Money On Shopping

Shopping, for most of us, takes a lot of money out of our monthly expense. Be it shopping for groceries, or for clothes or accessories, you might need to cut on budget at times to accommodate all stuffs. However, if you are an experienced shopper, you will know about ways to balance the shopping and items. If you are not, here’s some pointers to help you out.

#1: Avoid Impulse Buy

You might love something displayed while scrounging the malls. However, do you really need it? Perhaps not. Don’t be an impulse buyer. All you need to do is sleep on your idea of buying something. If even after sleeping, you need that, then go for it. However, chances are that you will forget about it, if it is an impulse and not a necessity.

#2: Check Reviews

Love something? Check out the reviews for that item online before you jump in. That way, you can check the details about the item and know its cost. Knowing the cost is beneficial, because someone will not be able to fool you that way.

#3: Use Groupon Coupons

Well, this is one of the most sure way to save your hard earned bucks. If you are planning to go ahead and shop for accessories or clothes, try out Groupon coupons for Agaci Store. They offer you with amazing discounts, with no extra cost on your part. Isn’t it amazing? All you need is a valid coupon code.

#4: Use Credit Cards

Although this might seem funny, yet this is logical. If you use your credit card while buying chances are that you will be stopped before you spend the excess amount of money. Additionally, your credit limit also will stop you from buying impulsively. Moreover, credit cards prevent you from fraudulent schemes, …

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