Increased access to international capital markets

Increased access to international capital markets
Increased access to international capital markets

Financial liberalisation and increased access to international capital markets brings benefits and disruption to developing countries.

With the above statement in mind, and based on a review of the literature, consider the evidence on the net benefit to developing countries from unfettered access to international markets.

Your discussion should pay attention to key theoretical considerations as well as the empirical evidence. Also, your answer should be supported with relevant examples.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

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Abercrombie and Fitch Financial Statement

Abercrombie and Fitch Financial Statement Please use the Abercrombie & Fitch financial statement provided here to do in the following.

Abercrombie and Fitch Financial Statement
Abercrombie and Fitch Financial Statement

The paper needs to include those points below:

  1. The trend in net sales from 2012-2014.

– Is this a positive or negative trend, and

– how much is the company up or down in dollars

(remember the numbers are in thousands, so the top row is billions of dollars).

  1. Based on the numbers

– how are the buyers doing, meaning, how is the company doing in managing Cost of Goods Sold (COGS), (could find what happened )

– how is the trend in the Gross Margin figures?

– What is the exact trend in these areas in terms of dollars up or down? — What is the comparison of total Gross Margin percentage (GM $/Net Sales) over the 3-year period?

  1. Are there any steps that the company could take to capitalize on positive trends or reverse negative trends?

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The Amazon Financial Management from Forbes

The Amazon Financial Management from Forbes Description

According to a Forbes article:

The Amazon Financial Management from Forbes
The Amazon Financial Management from Forbes

Amazon’s largest acquisitions include Whole Foods for $13.7B in 2017, online shoe retailer Zappos for $1.2B in 2009, and smart doorbell & security camera manufacturer Ring for approximately $1B earlier this year. In 2014 Amazon acquired e-sports streaming site Twitch for $970M, and warehouse robotics maker Kiva Systems for $775M in 2012. As of today, Amazon has more than 45,000 robots in its warehouses.

Taking this business model-based approach to evaluating Amazonís potential acquisitions, the following companies deserve to be on their shopping list for 2018. (a)Best Buy, (b) H. Robinson, (c) Expeditors, (d) Grainger and (e) Performance Health. Which company would you select to be a part of Amazon and why?

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Intermediate Financial Economics Problem Set

Intermediate Financial Economics Problem Set Please answer all questions (q1-3) in as much detail as possible, full working is required. Course text used can be found here:

Intermediate Financial Economics Problem Set
Intermediate Financial Economics Problem Set

http://people.stern.nyu.edu/adamodar/pdfiles/valri. This is a second-year undergraduate course in macroeconomics, which is aimed for students who have a deeper interest in macroeconomics. The course will present and analyze important macroeconomic theories through formal models. We will also look at some examples of empirical work, which illustrate the ways that theories can be applied and tested. Some of the topics we will cover are growth, business cycles, consumption, unemployment, fiscal policy, and budget deficits.

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Financial Leadership Audiovisual PowerPoint Presentation

Financial Leadership Audiovisual PowerPoint Presentation Please list detail notes in PowerPoint area for voice over (verbiage should be in notes line in Powerpoint). This will be turned in with my voice and Powerpoint presentation. MUST READ DETAILED INSTRUCTIONS in attachment & rubric guidelines. Thank you for your time! Audiovisual PowerPoint Presentation Create a PowerPoint presentation you could present to internal executive stakeholders.

Financial Leadership Audiovisual PowerPoint Presentation
Financial Leadership Audiovisual PowerPoint Presentation

The presentation needs to briefly and succinctly communicate your leadership plan to address financial gaps you have identified within your department. Organize your PowerPoint slides in a way that makes sense for your organization. Be sure your slides include the following elements: An overview of the environmental analysis from Assessment 1, with a financial focus. The two identified financial targets for your department, along with the performance indicators and measurements. A gap analysis of financial targets versus YTD performance or goal attainment. Include your observations, trends, and insights. An evidence-based leadership plan to address the identified gaps. Analyze the organizational culture and strategic direction, along with strategies for leading your departmental team that consider your strengths and are supported by credible professional resources. You may include team incentives such as profit sharing, or other benefits (tuition reimbursement, seminars, software, HFMA memberships, and other incentives) to motivate your team. Include your leadership style, the method that you use or will use with your team, and the inclusion of evidence-based leadership approaches. You may choose to organize your slides in the following fashion: Cover slide: Topic, course, your name, name of the organization this would be for, and date. Objective: For example “Leadership plan to support goal attainment of organizational targets.” Customize to fit your needs. Environmental Analysis (1–3 slides): SWOT analysis from Assessment 1 along with a PEST analysis – 3–5 bullet points with salient, high-impact, relevant points. Organizational Directive: Your two identified financial targets, along with performance indicators and measures. Gap Analysis: Actual versus target variance, followed by your observations and insights (3–4 bullet points). Leadership Plan (2–4 slides): 2–4 evidence-based recommendations, including your strategies for leading your team; your leadership approach; and methods, metrics, insights, and observations. References: Include authoritative sources only. Use numbered footnotes in your slides. Follow the APA format for references. Other: You may choose to add graphics and special effects, but these additions will not have any impact on your evaluation, positive or negative. Use Kaltura or another technology to record and narrate the presentation of the main points. Before you begin recording, you may find it beneficial to write a script or detailed outline that you can refer to as you record. Keep in mind that you will typically have no more than 10 minutes to present your PowerPoint and answer questions. The presentation you record should not be longer than 10–15 minutes. Include the notes or script of your audio recording. You may choose to include this in the form of the completed Notes section of the PowerPoint presentation slides, as a script you may have used when you created your recording, or in the form of a detailed outline. This will serve to clarify any insufficient or unclear audio, or if you cannot complete the audio recording. Note: If your notes or script are not included in the PowerPoint presentation, please include them in a separate document along with the other presentation elements. Additional Requirements Structure: Include a title slide and a reference slide. Length: 10–12 slides. Duration of audio recording: 10–15 minutes. References: At least five current scholarly or professional resources. Format: APA format for references and citations only. Font: Use a font that is consistent with the expectations of your organization, for example, Times New Roman, Arial, or Calibri.

Financial Leadership Audiovisual PowerPoint Presentation Assessment 3 Instructions

Overview

Create a 10–12-slide PowerPoint presentation that communicates a leadership plan to address financial gaps within your organization. Use Kaltura or another technology to narrate and record a 10–15-minute audio presentation.

Note: You are strongly encouraged to complete the assessments in this course in the order in which they are presented.

To remain viable, health care organizations need leaders who can meet financial targets by effectively leading their teams. Whether you work for a nonprofit, for-profit, or government facility, financial goals and targets will influence your leadership priorities. These internal benchmarks, when considered with respect to finite, available resources, create leadership challenges for maintaining fiscal and clinical balance. You may recall a quote from Irene Krause, who started the idea of “No Margin, No Mission.” So, regardless of what your corporate structure might be, all leaders must contribute towards the financial health and profit margin of the organization.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

O Analyze evidence-based strategies of effective team leadership in a plan to motivate team members to achieve departmental financial targets within a health care organization.

  • Competency 4: Examine how financial forecasts guide organizational leadership.

O Identify financial targets, including performance indicators and measurements, for a department within a health care organization.

O Analyze gaps in financial targets versus YTD performance or goal attainment for a department within a health care organization.

O Propose a leadership plan to close identified financial gaps for a department within a health care organization.

  • Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for professionals in health care administration.

O Develop a presentation that is clear, concise, well organized, and appropriate for internal stakeholders.

Financial Leadership Audiovisual PowerPoint Presentation Questions to Consider

To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.

  • What leadership strengths could you utilize to address the task of motivating your team to engage in meeting financial targets?
  • What organizations are you aware of that can help you improve your financial skill sets?

Financial Leadership Audiovisual PowerPoint Presentation Resources

Suggested Resources

The resources provided here are optional and support the assessment. They provide helpful information about the topics. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The Organizational Leadership and Governance Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.

Health Care Finance

  • Broom, K. D., & Turner, J. S. (2015). A competency-based approach to functional area expertise: Extending competency-based education to a healthcare finance area of concentration. The Journal of Health Administration Education, 32(1), 25–46.

O Case study that focuses on an attempt to create functional financial area expertise.

  • Dong, G. N. (2016). Earnings management in U.S. hospitals. Journal of Health and Human Services Administration, 39(1), 41–71.

O Examines management practices for financial earnings of hospitals.

  • Dong, G. N. (2015). Performing well in financial management and quality of care: Evidence from hospital process measures for treatment of cardiovascular disease. BMC Health Services Research, 15(1), 45–59.

O This paper explores what, if any, connection there is between hospitals that provide quality care and the success of their financial management.

Team Leadership

  • Daiker, B. L. (2013). Adaptive challenges in medical practices. The Journal of Medical Practice Management: MPM, 28(6), 332–340.

O This presents strategies and models to lead groups to find solutions to adaptive challenges.

  • Madden, M. (2015). Soft-leadership competencies for today’s healthcare finance executives. Healthcare Financial Management, 69(5), 42–45.

O Examination of soft-skill related leadership competencies related to health care finance positions.

  • Rubino, L. G., Esparza, S. J., & Chassiakos, Y. S. R. (2014). New leadership for today’s health care professionals: Concepts and cases. Burlington, MA: Jones & Bartlett Learning. Available from the bookstore.

O Chapter 12, “Financial Considerations for Healthcare Leaders,” on pages 251–268.

O Identifies effective financial management models used in health care and the implications of health care reform.

Financial Leadership Audiovisual PowerPoint Presentation Assessment Instructions

Note: You are strongly encouraged to complete the assessments in this course in the order in which they are presented. If you require the use of assistive technology or alternative communication methods to participate in this activity, please contact Disability Services to request accommodations.

Preparation

Before you create and submit your assessment, complete the following:

  1. Revisit the environmental analysis conducted in Assessment 1. If you did not conduct a PEST analysis in Assessment 1, consider the possibility of conducting one now to examine the larger industry context in which your organization’s financial forecast is developed.
  2. Select and identify two financial targets for your department, along with the performance indicators and measurements. For example: x% compliance with coding, 90% + rating for patient satisfaction scores (on a 1–5 scale), 5% profit margin for service line Y, and so on.
  3. Look for professional or scholarly journal articles on characteristics of effective team leaders and strategies for leading effective teams. You will need a minimum of five articles to use as resources for this assessment.
Financial Leadership Audiovisual PowerPoint Presentation Directions

Read the requirements for creating an audiovisual presentation carefully.

Audiovisual PowerPoint Presentation

Create a PowerPoint presentation you could present to internal executive stakeholders. The presentation needs to briefly and succinctly communicate your leadership plan to address financial gaps you have identified within your department.

Organize your PowerPoint slides in a way that makes sense for your organization. Be sure your slides include the following elements:

  • An overview of the environmental analysis from Assessment 1, with a financial focus.
  • The two identified financial targets for your department, along with the performance indicators and measurements.
  • A gap analysis of financial targets versus YTD performance or goal attainment. Include your observations, trends, and insights.
  • An evidence-based leadership plan to address the identified gaps.

O Analyze the organizational culture and strategic direction, along with strategies for leading your departmental team that consider your strengths and are supported by credible professional resources. You may include team incentives such as profit sharing, or other benefits (tuition reimbursement, seminars, software, HFMA memberships, and other incentives) to motivate your team.

O Include your leadership style, the method that you use or will use with your team, and the inclusion of evidence-based leadership approaches.

You may choose to organize your slides in the following fashion:

  • Cover slide: Topic, course, your name, name of the organization this would be for, and date.
  • Objective: For example “Leadership plan to support goal attainment of organizational targets.” Customize to fit your needs.
  • Environmental Analysis (1–3 slides): SWOT analysis from Assessment 1 along with a PEST analysis – 3–5 bullet points with salient, high-impact, relevant points.
  • Organizational Directive: Your two identified financial targets, along with performance indicators and measures.
  • Gap Analysis: Actual versus target variance, followed by your observations and insights (3–4 bullet points).
  • Leadership Plan (2–4 slides): 2–4 evidence-based recommendations, including your strategies for leading your team; your leadership approach; and methods, metrics, insights, and observations.
  • References: Include authoritative sources only. Use numbered footnotes in your slides. Follow APA format for references.
  • Other: You may choose to add graphics and special effects, but these additions will not have any impact on your evaluation, positive or negative.

Use Kaltura or another technology to record and narrate the presentation of the main points. Before you begin recording, you may find it beneficial to write a script or detailed outline that you can refer to as you record. Keep in mind that you will typically have no more than 10 minutes to present your PowerPoint and answer questions. The presentation you record should not be longer than 10–15 minutes.

Include the notes or script of your audio recording. You may choose to include this in the form of the completed Notes section of the PowerPoint presentation slides, as a script you may have used when you created your recording, or in the form of a detailed outline. This will serve to clarify any insufficient or unclear audio, or if you cannot complete the audio recording. Note: If your notes or script are not included in the PowerPoint presentation, please include them in a separate document along with the other presentation elements.

Financial Leadership Audiovisual PowerPoint Presentation Additional Requirements

  • Structure: Include a title slide and reference slide.
  • Length: 10–12 slides.
  • Duration of audio recording: 10–15 minutes.
  • References: At least five current scholarly or professional resources.
  • Format: APA format for references and citations only.
  • Font: Use a font that is consistent with the expectations of your organization, for example, Times New Roman, Arial, or Calibri.

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Cost of Capital Essay Assignment Paper

Cost of Capital
Cost of Capital

Cost of Capital

Why is it important for firms to consider the cost of capital when making decisions to invest in long-term projects? Explain what sources of funds should be considered in computing the weighted average cost of capital (WACC) and why it is important to consider WACC rather than the cost of just one source of financing. Provide an example of a major investment by your employer, or a large firm in Saudi Arabia you are familiar with, and explain what factors were probably considered in establishing a required rate of return on the investment and why. Search the internet for an academic or industry-related article. Select an article that relates to the cost of capital and doing business in Saudi Arabia.
For your discussion post, your first step is to summarize the article in two paragraphs describing what you think are the most important points made by the authors (remember to cite the information, as appropriate).

Cost of capital is that the needed come necessarily to form a capital budgeting project. Many firms use a mix of debt and equity to finance their businesses and, for such firms, the general cost of capital comes from the weighted average cost of all capital sources, widely known as the weighted average cost of capital (WACC).The cost of capital metric is employed by corporations internally to evaluate whether or not a capital project is definitely worth the expenditure of resources, and by investors who use it to work out whether or not an investment is definitely worth the risk compared to the return. The value of capital depends on the mode of funding used. It refers to the value of equity if the business is supported exclusively through equity, or to the value of debt if it is supported exclusively through debt.
Cost of capital focuses on the long-term investment decisions as funded by long-term liabilities or equity. When considering the debt component, the cost of debt for a new investment equals the cost of borrowed funds. In other words, if a firm purchases a new piece of equipment by borrowing the money from a bank, the cost of capital equals the interest rate on loan plus any transaction costs (Keown et al., 2017).The weighted average cost of capital (WACC) is a calculation of a firm’s price of capital within which every class of capital is proportionately weighted. All sources of capital, including common stock, bonds, preferred stock, and any other long-term debt, are included in a WACC calculation. A firm’s WACC increases as the beta and rate of return on equity raise because an increase in WACC indicates a reduction in valuation and an increase in risk.
Saudi Basic Industries Corporation (SABIC) is a global leader in the production of different chemicals, offering highly diversified products, including petrochemicals, agricultural nutrients, metals, and specialty products. Factors that a company determines when determining a desired rate of return are:…

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Banking and finance Assignment

Banking and finance
Banking and finance

Banking and finance

“Critically discuss Minsky’s Financial Instability Hypothesis“. (2,000 words of fiscal policy in Minsky’s analysis. The discussion of additional issues is welcome. 50/100
3. Conclusion Well-rounded discussion of the main conclusions arising from the analysis of the essay. 10/100
4. Overall structure and academic writing Uses appropriate format and presents items in a logical structure. Ensures correct spelling, grammar and punctuation. Uses the Harvard referencing system correctly. 20/100

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

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Financial Markets,Institutions and Interest Rates

Financial Markets,Institutions and Interest Rates
Financial Markets,Institutions and Interest                                  Rates

Financial Markets,Institutions and Interest Rates

Respond to five questions about financial markets, financial institutions, and interest rates.

Overview
Respond to five questions about financial markets, financial institutions, and interest rates.
It is necessary to be able to apply the knowledge you have gained by classifying market transactions and
financial instruments and by describing how financial markets work.

By successfully completing this assessment, you will demonstrate your proficiency in the following course
competencies and assessment criteria:

Competency 1: Evaluate the global financial environment.

  • Define factors that determine the nominal interest rate on a financial security.
  • Categorize financial transactions as taking place in the primary or secondary market.
  • Identify financial instruments as money market securities or capital market securities.

Competency 2: Define finance terminology and its application within the business environment.

  • Define the concept of terms structure of interest rates.
  • Describe services offered by each type of financial institution.

Competency Map
Use this online tool to track your performance and
progress through your course.

Resources
Suggested Resources Suggested Resources
The following optional resources are provided to support you in completing the assessment or to provide a
helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.

Library Resources
The following e-books or articles from the Capella University Library are linked directly in this course:
Details Attempt 1 Available Attempt 2 Attempt 3
Tutorials Support Log Out Shifali Kapoor
Assessment 2 – BUS-FP3062 – Winter 2019 – Section 02 3/3/19, 7(54 PM
https://courserooma.capella.edu/webapps/blackboard/content/listContent.jsp?course_id=_166600_1&content_id=_7345959_1&mode=reset Page 2 of 3

Weaver, S. C., & Weston, J. F. (2001). Finance and accounting for nonfinancial managers. New York, NY: McGraw-Hill.

Sherman, E. H. (2011). Finance and accounting for nonfinancial managers (3rd ed.). New York, NY:
American Management Association.

Course Library Guide
A Capella University library guide has been created specifically for your use in this course. You are encouraged to refer to the resources in the BUS-FP3062 – Fundamentals of Finance Library Guide to help direct your research.

Bookstore Resources
The resources listed below are relevant to the topics and assessments in this course and are not required. Unless noted otherwise, these materials are available for purchase from the Capella University Bookstore. When searching the bookstore, be sure to look for the Course ID with the specific ñFP (FlexPath) course designation. Cornett, M., Adair, T., & Nofsinger, J. (2016). M: Finance (3rd ed.). New York, NY: McGraw-Hill.

Assessment Instructions
Respond to the following five questions. Write your responses in a Word document, and number them 1-5.
1. Categorize each of the following transactions as taking place in either the primary or secondary
market:
Supercorp issues $180 million of new common stock.
HiTech, Inc. issues $30 million of common stock in an IPO.
Megaorg sells $10 million of HiTech preferred stock from its marketable securities portfolio.
The XYA Fund buys $220 million of previously issued Supercorp bonds.
A. B. Corporation sells $15 million of XYZ common stock.

2. Identify whether the following financial instruments are capital market securities or money market
securities:
U.S. Treasury bills.
U.S. Treasury notes.
U.S. Treasury bonds.
Mortgages.
Federal funds.
Negotiable certificates of deposit.
Common stock.
State and government bonds.
Assessment 2 ñ BUS-FP3062 – Winter 2019 – Section 02 3/3/19, 7(54 PM
https://courserooma.capella.edu/webapps/blackboard/content/listContent.jsp?course_id=_166600_1&content_id=_7345959_1&mode=reset Page 3 of 3
Corporate bonds.

3. Identify the different types of financial institutions. What are the main services each of these financial
institutions offers?

4. Define the six factors that determine the nominal interest rate on a security.

5. Define the concept of term structure of interest rates. What are three theories that explain the future
yield curve of interest rates?

Use references to support your answers as needed. Be sure to cite all references using correct APA style.
Your responses should be free of grammar and spelling errors, demonstrating strong written communication
skills.
How to use the scoring guide
Financial Markets and Institutions Scoring Guide
Use the scoring guide to enhance your learning.
This button will take you to the next available assessment attempt tab, where you will be able to submit your assessment

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Rainbow Financial Studies Assignment

Rainbow Financial Studies
Rainbow Financial Studies

Rainbow Financial Studies

The purpose of a case study is to apply classroom learning to real-world situations where students analyze the background information, identify the critical issues, and recommend a solution along with the rationale. Read the case and answer the case questions keeping in mind the following:

  • What is the context of the problem?
  • What are the issues?
  • What key facts should be considered?
  • What alternatives are available to the decision-maker?

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

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Participative vs. authoritative budgets

Participative vs. authoritative budgets
Participative vs. authoritative budgets

Participative vs. authoritative budgets, methods of governmental financial reporting, and a cost-variance analysis.

Prepare four documents (7 pages total single spaced) that advise a county board of advisers on matters related to a proposed tax rate, participative vs. authoritative budgets, methods of governmental financial reporting, and a cost-variance analysis.

These need to be under 10% turnitin similarity

Prepare four documents (7 pages total) that advise a county board of advisers on matters related to a proposed tax rate, participative vs. authoritative budgets, methods of governmental financial reporting, and a cost-variance analysis.

Introduction
This assessment will give you the opportunity to act as the comptroller for an imaginary Caroline County. As the comptroller, you will prepare and submit documents to the County Board that explain and demonstrate the unique accounting methods used by a county government, including the calculation and proposal of a tax rate.

Demonstration of Proficiency
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

Competency 1: Apply advanced accounting techniques to organizational situations.
Explain dual government financial reports, including their names, contents, and the reason for the two sets.

Competency 2: Analyze budgeting practices in organizations.
Analyze revenues and expenditures for a governmental entity.

Competency 3: Apply appropriate budgeting techniques for planning, executing, and controlling.

Competency 4: Apply quantitative models to create and manage budgets and forecasts and evaluate budget performance.
Present tax rate necessary to balance revenues and expenditures for a governmental entity.
Compare participative budgets and authoritative budgets, including the advantages and disadvantages of each.
Create a budget based on estimated tax rate.
Explain how an overall variance is divided into a cost variance and a volume variance.

Competency 5: Communicate in a manner that is professional and consistent with expectations for members of the business professions.
Communicate in a manner that is professional and consistent with expectations for members of the business professions.

Scenario
For this assessment, you will act as the comptroller for an imaginary Caroline County. The current county board of supervisors is mostly new, so they will need a lot of guidance. One board member has requested an explanation for the two sets of financial reports used in government accounting. The board will also need recommendations on whether to approach the budget using an authoritative or participative approach. The most important item will be setting an appropriate tax rate for next year that takes into account the possible purchase of 6 new school busses, but the board has also requested a cost-variance analysis to explain food overages incurred during a recent bicentennial celebration at the county seat in Clarksville.

Your Role
You are the comptroller of the fictional Caroline County.

Requirements
For this assessment, your comptroller tasks will include preparing and submitting four different documents:

Document 1: Tax Rate Proposal and Budget (2 pages, not counting support documents and associated schedules)
In preparation for the annual meeting with the county board of supervisors, you will present a tax rate proposal and associated budget. To do so, you will need to:

  • Analyze revenues and expenditures for Caroline County.
  • Present a tax rate for the coming year that will balance revenues and expenditures in Caroline County.
  • Create a budget based on the estimated tax rate.

Data relevant to your proposal and budget:

  • Last year’s tax rate of 1.25% of assessed value of real estate was based on a budget requiring spending of $10,000,000 total from all sources.
  • One-fourth of that came from taxes on real estate.
  • The total assessed value of the property in the county was $200,000,000.

Since the last tax rate was set:
The county’s property has been appraised at an overall increase of 2 percent. This does not include the real estate of 15 new business at a total of $4,000,000 in assessed value or the addition of a new housing development adding a total of $10,000,000 in assessed value.
New regulations from the state will add $500,000 to the amount needed by county schools. The state will not pay for any of this $500,000.
The county would like to know the feasibility of purchasing 6 new school buses costing $200,000 USD each.
When preparing this tax rate proposal and budget (2 pages) for submission to the supervisors, include all relevant supporting documents and other information, such as:

  • Estimated assessed value of all property in the county.
  • Forecasted additions to the county surplus if the supervisors adopt your recommendation.

Document 2: Participative versus Authoritative Budget Recommendation (2 pages)
The county board of supervisors is currently debating whether the heads of the county departments should have more input into the budget preparation process than they have had in previous years. In other words, the board is debating whether to move to a more participative budgeting process. Write a report (1ñ2 pages) for presentation at the next board meeting that discusses the difference between a participative budget and an authoritative budget. Include the advantages and disadvantages of each.

Document 3: Government Financial Reporting Explanation (2 pages)
One of the newly elected members of the county board of supervisors is looking at last year’s Comprehensive Annual Financial Report and has noticed that it appears to contain two sets of financial reports instead of the one that he is used to seeing for business enterprises. He has asked you to explain this to him. Write an email (2 pages) that discusses the two sets of financial reports, including their names, their contents, and the reason that there are two sets.

Document 4: Cost-Variance Analysis (1 page)
A party was held to celebrate the bicentennial of Clarksville, the county seat of Caroline County. Six-hundred attendees were estimated, but 700 arrived. The food and entertainment budget was $6,000, but the actual costs were $7,500. The overall spending variance was $1,500 ($7,500 – $6,000 = $1,500). Using flexible budgeting techniques and variance analysis, write a report (1 page) that explains how this $1,500 overall variance is divided into a cost variance and a volume variance. Include your calculations and conclusions to present at the next board meeting.

Deliverable Format
For the sake of this assessment, imagine that all four of the documents you prepare will be archived in the county board’s records. Remember, too, that the prompt and effective decisions of the board will depend on the clarity, accuracy, and readability of these documents. You want each of them to be clear, well-organized, and readable.

Communication: Communicate in a manner that is professional and consistent with the needs and expectations of county board supervisors and other interested stakeholders. Assume the board of supervisors expect original work. Your writing must be free of errors that detract from the overall message.

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