Tuesday, February 18, 2020

Investment Portfolio paper Essay Example | Topics and Well Written Essays - 250 words

Investment Portfolio paper - Essay Example According to her, it has a broad global track for the equity part of her portfolio, hence secure for her investment. This investment plan is also well registered and recognized worldwide. Since she intends to invest for over thirty years, this investment will give her good returns since it has a high demand. This is a follow up of her willingness to maintain discipline on investment as she has done before. Besides, she has no dependants and has sustainable income which will enable her to invest without interruption. Her return objectives are determined by the capital she holds in her retirement benefits account which she never monitors, meaning she is determined to let it grow without interference. ETF is an organization that has grown for over years with expensive assets. This gives it chance to reduce the level of risks it faces. The risks are therefore tolerable by this woman. This means that she has a high probability of getting returns, but low probability of getting losses. There is also a good chance of diversifying the investments in the organization. This is because it has variety of securities, enabling any shareholder to diversify investments at will. She can invest in securities like bonds, debentures and many others among the investment

Monday, February 3, 2020

Research where are the IFRS are significantly different from current Paper

Where are the IFRS are significantly different from current Canadian GAAP - Research Paper Example This demanded a certain degree of similarity in the accounting standers and many international accounting bodies come up which assisted development of Generally Accepted Accounting Principles (GAAP). The aim of GAAP is provide rules related to preparation, presentation and reporting of financial statements. GAAP is combination of all the Accounting Frame works, Accounting Laws, Accounting Rules and Accounting frame works. At present Financial Accounting Standards Board (FASB) has the highest authority to establish GAAP which has to be followed by public and private organization. In US, the financial reporting is controlled by Financial Accounting Standards Advisory Board (FASAB). These GAAP brings standards which help Stakeholders to understand present condition of the company, and on the basis of their analysis they make decisions related to credit, investment and other vital financial decisions. But it has been found that the GAAP suffers with certain limitations, like inter indust rial comparison is not possible if GAAP is taken into consideration for financial statement reporting, also certain vital information related to the companys performance are not presented on the financial statement sheet while following GAAP, which are necessary for the merger and acquisition process. So to overcome these hindrances, concept of International Financial Reporting Standers (IFRS) came into existence. IFRS consist of standards, interpretations, and frame works which are to be taken into consideration while preparing and presenting financial statement of a company as adopted by International Accounting Standards Board (IASB). Actually, IFRS is the rename of International Accounting Standers (IAS) which was proposed from 1973 to 2001 by Board of International Accounting Standards Committee (IASC). In the historical event of April 1,