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Papers On Accounting & Personal Finance
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Costs and Benefits of Implementing International Accounting Standards
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This 9 page paper discusses the statement that “Implementing international accounting standards will require considerable time and resources but the end results will be beneficial for all UK companies”. The paper looks at the benefits and the costs that will be realised as a result of harmonisation of accounting standards. The bibliography cites 9 sources.
Filename: TEiaccounts.rtf

Costs of Rebuilding New Orleans
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A 4 page paper discussing the macroeconomic costs of rebuilding New Orleans in the wake of two record-breaking hurricanes and the floods resulting from levee breaks. The paper suggests that reestablishing the French Quarter as a tourist attraction and giving 10,000 households $100,000 each perhaps could be more beneficial than intense government involvement. Empowering families to make their own decisions about their futures can create and fuel economic activity that government spending cannot, creating a self-sustaining economy rather than a sinkhole for tax dollars. Bibliography lists 4 sources.
Filename: KSnewOrlRebld.rtf

Could a Failure Similar to Enron Occur in the UK?
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This 5 page paper starts with an outline of why Enron failed. With this information the question of whether or not this could occur in the UK, with the different accounting and purporting frameworks, is considered. The bibliography cites 6 sources.
Filename: TEenronU.rtf

Country Failure Evaluation: Thai Baht
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5 pages in length. Considered an emerging market with regard to country risk assessment, one cannot proceed with the Thai baht failure evaluation without first noting how Thailand's economic presence was inextricably linked to all of Asia as a whole. Prior to the Asian Economic Crisis, Thailand held the strongest economic position in all of Southeast Asia. The country's financial situation was strong and, for the most part, it maintained a stable monetary system. However, all of that changed quite drastically in July, 1997, when the plummet of the Thai baht sent its entire economic status into a tailspin, ultimately threatening the world's economy, as well. Bibliography lists 10 sources.
Filename: TLCThaiB.rtf

Cournot And Bertrand Models
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This 8 page paper considers the these two economic models. By explaining what they are and their operation, including diagrams, the paper determines which is best for the measurement of competition in an oligopoly. The writer also explains the advantages and problems with the models. The bibliography cites 3 sources.
Filename: TEbertco.wps

CPA Licensing Jurisdiction
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A 4 page summary and analysis of the article “Substantial Equivalency Practice Privileges” by James H. Thompson and Andreas Rydholm. Bibliography lists 4 sources.
Filename: RACPAar.rtf

Creating Value and Assessing Value Creation
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This 20 page paper considers how any CEO of a company wishing to create value may look to accounting measure for indication of how t create value and how to measure it. The paper looks at the IT industry and uses Hewlett Packard as an example, by looking at it prior to the merger with Compaq and after the merger with Compaq. Tools examined include the use of net Present Value (NPV), Capital Asset Pricing Model (CAPM) and the use of different ratios. The bibliography cites 15 sources.
Filename: TEvalmeas.rtf

Credit Analysis and Risk
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This 8 page paper looks at what is meant by the term credit analysis, and how these are used by lenders in order to assess risk and use the result to limit or control their exposure to risk. The last part of the paper then looks at the main causes of defaults. The bibliography cites 6 sources.
Filename: TEcreditanal.rtf


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