income Essay Topics

Financial accounting standards

The income statement, which portrays the financial performance of the company, is also described in the financial statements elements. Income and expenses from ordinary activities are recognized as the main elements of such statement, which when matched result in a profit or loss for the period. Capital maintenance adjustments are also pointed out, which may… View Article

Income Inequality and Its Affects on Healthcare

Mastrianna (2010) speaks of income inequality as variations in earnings among individuals and households. He states that some income disparity is desirable for creating an incentive for individuals to invest in education and training and to take risks in employment and investment for greater rewards. Concerns are being voiced as to the income inequality in… View Article

Disadvantages of Globalization

Globalization is any company’s target. However, it should be noted that globalization has disadvantages as well as advantages. One of the disadvantages of globalization is the over-standardization of products through global branding. Using Emirate Airline to illustrate this point, globalization will means that their services are standardized which aim to serve all customers. They would… View Article

National Income

The total income of a nation is called national income. The aggregrate economic performance of the whole economy is measured by the national income data, In fact ,national income data provide a summary statement of a country’s aggregate economic activity. In real term ,national income is the flow of goods and services produced in an… View Article

Classification and Format in the Income Statement

Investors commonly assess a firm’s value based on the firm’s expected future sustainable earnings stream. To inform analysts and other financial statement users about sustainable earnings, firms often report income from recurring business activities separately from income effects from unusual or nonrecurring activities (such as asset impairments, restructuring, discontinued business segments, and extraordinary events). To… View Article

Modernization of NTUC income

1) What were the problems faced by income in this case ? how were the problems resolved by the new digital system? The problems faced by income: * Income’s insurance processes were very tedious and paper-based. * The hp 3000 system experienced a total of three major hardware failures * The hp 3000 make a… View Article

Poverty Destroys Education in America

Poor people do not have weaker work ethics or lower levels of motivation than wealthier people (Iversen & Farber, 1996; Wilson, 1997). Although poor people are often stereotyped as lazy, 83 percent of children from low-income families have at least one employed parent; close to 60 percent have at least one parent who works full-time… View Article

Case Studies in Finance Company G & H

Company G deals mostly in selling books in a large retail setting, however they implement a concept that is more community-based. Company H deals in a variety of media, including books, music, and video along with electronics and other varieties of merchandise. Not only does Company H differ in merchandise variety, but it also differs… View Article

Limitation of Using Gdp to Measure Standard of Living

Although national income is a convenient way for measuring the standard of living between countries, it still has its limitations. Firstly, as national income statistics are calculated from millions of different returns to the government, inevitably mistakes are made. For example, returns may be inaccurate or simply not completed. This makes the data incorrect, hence… View Article

Requirements for Reporting Comprehensive Income

FASB topic 220-10-45 outlines what is required for companies to report comprehensive income (CI). To do this, the entity must report CI either in a single continuous financial statement or in two separate but consecutive financial statements. If an entity prefers to report CI in a single continuous financial statement, then the entity must report… View Article

Poverty and Income Inequality in South Korea

South Korea is counted among the world’s leading economies alongside giants such as United States and Germany (Wiseman & Nishiwaki, 2006). Before the financial crisis hit Asia in 1997, South Korea was among the fastest growing economies of the world with a Gross Domestic Product (GDP) growth rate exceeding 5 percent (Kakwani, Khandker, & Son)…. View Article

National Income Statistics and Standard of Living

The national income statistics show that the USA has the highest standard of living; this can be proved by looking at the gross national income of The United States, which is $12,969.6 million, and the gross national income per capita which is $43,740. This figure is over 125 times the income per capita of Tanzania… View Article

Unemployment in Developed and Developing Countries

Introduction Attaining a full employment level, where only a natural level of unemployment exists, is one important macroeconomic objective and they key to this attaining this objective is job creation. This report is a cross sectional econometric analysis of how different factors lead to the creation of jobs in countries with differing Gross National Income… View Article

SFAS 116 and SFAS 117

SFAS 116 and SFAS 117 were created to improve accountability among not-for-profit and government entities. These improvements should simplify the structure of financial statements by making them understandable to both the financial and non-financial audience. SFAS 116 establishes the accounting standards for contributions made and received. All entities that make or receive contributions are required… View Article

Fiscal Federalism in India

India is the largest democracy with federal form of government. The fiscal arrangements in India have evolved in a quasi-federal system to meet the requirements of centralized planning in a mixed economy structure and their sources of revenue for both Centre and State were clearly demarcated with regard to the financial relationship and the responsibilities… View Article

Green Mountain Coffee Roaster

During the fourth quarter of 2010 Green Mountain Coffee Roasters had some accounting irregularities become known to the public. Green Mountain’s problems all started from how they recognized income, though intercompany inventory and third party vendor. After the SEC inquiry, Green Mountain’s accounting irregularities spanned three fiscal years and three fiscal quarters. Starting with fiscal… View Article


In a nutshell, this quotation refers to all income gained by either an individual partnership or a corporation that must be reported during income tax filing; this includes also appropriate deductions which are allowed by the internal revenue code. However, in every rule, there could be exceptions; such goes for deductions that are not allowed…. View Article

Income Inequality and Redistributive Policies

This paper discusses the factors that determine the increase in pay gap between top executives and the average worker. Income inequality has continued to be an economic issue in the United States. The changes in income inequality in the United States have been researched and well documented. The findings reveal an alarming state of affairs… View Article

Domino’s Pizza

Domino’s Pizza experienced a decrease in revenue of 16.3% from year-end 2005 through the year-end 2009. It is true that the economic recession was partly at blame. However, the enterprise suffered from a negative reputation in the marketplace. Domino’s Pizza delivered pizzas that did not quite meet the demands of consumer taste. Their costumers would… View Article

CanGo Final Report Team Blue Consulting

The highlighted red answers are the ones that are correct. The simplest way of navigating through this document is to press find and put down a very unique quote from the question on BSG. For example to find the answer for the question below would be the find the quote “companies can expect to sell”…. View Article

Manage Budgets And Financial Plans

This project, I chose Woolworths Limited Annual Report 2012 to answer the following questions: To whom is this report disseminated and how is this done? “The financial report provides people who are interested in a company – such as shareholders, lenders, analysts and employees – with information about the financial performance and financial position of… View Article

Patton Fuller Financial Statements

Financial statements hold a great deal of information on them and there are many things to consider when reviewing them. A financial statement can be audited or unaudited which vary in expense information. There are effects of revenue sources to consider and businesses have a different revenue every year. They can either be close in… View Article

Gemini Electronics

1. What was the business model of Gemini? The business model was to produce TV’s on a just-in-time basis to pass on most of the distribution savings to the consumers. He planned to cater to the big box retailers such as Best Buy and Walmart to name a few, who wanted to cut down their… View Article

Palm Oil Policy

Summary of the case: Palm Haul Sdn Bhd (PHSB) established in 2002 at Taiping Perak. It was a small and medium sized enterprise in crude palm oil (CPO) transportation business. PHSB was managed by En.H.Rossly and son in law of its founder, Datu S. Najeed. PHSB was facing the same problems likes others transportation companies… View Article

Value techniques

1. (TCO A) Use future or present value techniques to solve the following problems. (Note: You can use tables or a financial calculator. If you use a calculator, please provide the inputs you used to solve the problems.) (5 points each = total 20 points) a. Starting with $20,000, how much will you have in… View Article

Nghe An Tate & Lyle Sugar Company (Viet Nam)

Note: 420 is lowest common multiple of crop life cycle (4,3,10,28) and assume that time value of money is ignored (no discount cash flows to present value). From exhibit 11, Net return from Cane also get highest net present value for period from 1998 to 2015 with nominal discount rate 13.3% per annum and opportunity… View Article

First Investments, Inc.

Basic Industries is a diversified multinational corporation with major shares in various electric related markets. There is stock that has been held since the early 1980s and we have been asked to analyze and evaluate the past 10 years of data to either sell or continue holding the shares. We have also been asked to… View Article

Net Income is defined as the total income

Net Income is defined as the total income of the company after all the expenses and other costs from their total revenue. The level of Net Income is very important for the managers since it is the one that will be divided into the shareholders of the company. The higher the net income, the greater… View Article

Income elasticity of demand

Luxury product sales boost in the emerging marketing like China, which has extraordinary growth and strong potential consumers for the development of luxury goods in the China market. With gradually lower and lower increase of revenue in the European countries, Louis Vuitton (abridged as LV in the following sections) commits itself to set up more… View Article

CGA-Tax Assignment

Justina Stein comes to you, a CGA, for some tax advice on claiming $120,000 business investment losses in 2012 and in future years, from the sale of her shares which she believes may qualify as small business corporation (SBC) shares. She has heard that such losses are given special treatment under the Act. Briefly explain… View Article