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Papers On Accounting & Personal Finance
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Will Simplification and Certainly in a Taxation System Lead to Equity; Consideration of Hong Kong
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This 11 page paper considers whether or not simplifying a taxation system to that there is a high level of certainty will result in equity. The tax system in Hong Kong is used as a basis for the study, with the application of theory. A theoretical discussion is included looking at flat and progressive tax systems are considered along with different perceptions of fairness before the theory is applied to the progressive tax system found in Hong Kong. The bibliography cites 12 sources.
Filename: TEtaxequity.rtf

Will the European Central Bank Be Able to Emulate the Success of the Bundesbank?
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European Monetary Union (EMU) depends on the success fo the European Central Bank (ECB) to manage the economy of Europe. The ECB is based on the Model of the German Bundesbank that as able to successfully manage the German economy in the second half of the twentieth century, avoiding or reducing many of the economic problem seen by other countries. This 17 page paper considers how, now that the Bundesbank is only a branch within the ECB, if the ECB will be able to follow the same model. To assess this the paper looks at the development, culture and values of the Bundesbank from the post World War Two period to explain a deep culture and a different approach to economic management which may be difficult to transfer. The bibliography cites 25 sources.
Filename: TEbundesECB.rtf

Will the Housing Bubble Burst?
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This 3 page paper examines the housing market in 2006. Will it go bust or will the upward trend continue? Bibliography lists 4 sources.
Filename: SA617bst.rtf

Will the Sarbanes-Oxley Act of 2002 Prevent or Give Investors Warning of Enron Type Scandals
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Investors are impacted when a major company, such as Enron fails due to inventive, creative or manipulative accounting supported by the corporate governance environment. This 50 page paper considers if changing the regulatory environment, as attempted in the US with the introduction of the Sarbanes-Oxley Act of 2002, will either prevent or give early warnings of companies that are presenting misleading accounts. This is achieved by looking at how and why accounts are so important to investor confidence, how they can be manipulated inside and outside the spirit and letter of the law and how this information might be used by investors to value shares and influence the demand for the shares. The case of Enron is then studied and then the paper considers if the Sarbanes-Oxley Act could have prevented the practices that lead to the collapse, or if they would have given an earlier warning. The bibliography cites 36 pages.
Filename: TEsurenron.rtf

Will US Prosperity Continue?
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A 7 page paper asking this same question that economists ask. In the fourth quarter of 1997, rumors are circulating that perhaps the classic business cycle is an obsolete model, that globalization has had such an impact that the old model is no longer relevant. It is true that the US economy is in the longest period of expansion of the century. The question is whether it will continue or whether it will come to an abrupt and devastating halt within the next two or three years. Bibliography lists 9 sources.
Filename: Prosper.wps

Wilmont Chemical Corporation
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This 5 page paper looks at a case study supplied by the student. The paper examines the accounting strategy that is used, absorption or overhead costing, looks at how and why it is failing before suggesting an alternative strategy and system. The bibliography cites 2 sources.
Filename: TEwilcase.rtf

Working Capital and Financial Environment at Nike and Reebok
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A 5 page paper discussing the financial environment and internal controls at both of these companies. Both Nike and Reebok have been and remain well-managed from a financial perspective. Reebok's major failing likely was marketing; in the past Nike's was its rabid pursuit of profitability at all costs. Each company paid prices for those errors, but their financial reporting has been more than only adequate. Bibliography lists 5 sources.
Filename: KSacctNikRee2.rtf

Working Capital at Delta Air Lines
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A 3 page paper discussing Delta's ongoing struggles to remain operational and out of bankruptcy. GE and American Express extended loans and prepaid service payments late in 2004 on the condition that Delta significantly reduce expenses over the following two years. Industry analysts believe that the loans may only be delaying the inevitable. Bibliography lists 3 sources.
Filename: KSairDeltaCap.rtf


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