...When we look at the terms of risk reduction and hazard control we get the terms of eliminating and reducing the issues. Where control of hazards seek to maintain instead of removing the process. The term that risk reduction is applied to is a complete understanding of the intent of the criterion to ty risk- reducing the probability of the events occurring. In the terms of the second and third definitions of risk because they include both the probability of the event and the severity of the harmful consequences. Risk reduction is a term that capture the fundamental concept that harmful events consist of the three phases. Jensen, R. C. (2012). Risk-Reduction Methods: For Occupational Safety and Health (1st e A physical model is one that thing would be (like if you were creating a model of say a building, park, airplane or other large structure or area), sometimes it's actual size if it is small enough. You build or have built that you can touch. Sometimes it is a miniature version of what the real. What I mean by physical models is those that are meant to represent the physical world, as opposed to – for example – biomechanical, or computers models. Jensen, R. C. (2012). Risk-Reduction Methods: For Occupational Safety and Health (1st ed.). Whenever you are planning or one have to deal with risk and hazards we should looking in to the process from the beginning to the end. Where do we want to be at this point in the project as...
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...Risk Factor Analysis— A New Qualitative Risk Management Tool John P. Kindinger, Probabilistic Risk and Hazards Analysis Group, Los Alamos National Laboratory John L. Darby, Probabilistic Risk and Hazards Analysis Group, Los Alamos National Laboratory Introduction Project risk analysis, like all risk analyses, must be implemented using a graded approach; that is, the scope and approach of the analysis must be crafted to fit the needs of the project based on the project size, the data availability, and other requirements of the project team. Los Alamos National Laboratory (LANL) has developed a systematic qualitative project risk analysis technique called the Risk Factor Analysis (RFA) method as a useful tool for early, preconceptual risk analyses, an intermediate-level approach for medium-size projects, or as a prerequisite to a more detailed quantitative project risk analysis. This paper introduces the conceptual underpinnings of the RFA technique, describes the steps involved in performing the analysis, and presents some examples of RFA applications and results. project activity flow chart to help organize the RFA. The flow chart defines the tasks to be modeled and their interrelationships for the project schedule analysis. WBS and schedule tasks may be consolidated and/or expanded to explicitly highlight those tasks and influences that are expected to have a significant technical risk and/or significant uncertainty in schedule or cost performance. The flow chart is developed...
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...struggling to understand what the threats to their information assets are and how to obtain the necessary means to combat them which continues to pose a challenge. The ISF’s Information Risk Analysis Methodology (IRAM) enables organizations to access business information risk and select the right set of security controls to mitigate that risk. IRAM2 Founded in 1989, the Information Security Forum (ISF) is an independent, not-for-profit association of leading organizations from around the world. It is dedicated to investigating, clarifying and resolving key issues in cyber, information security and risk management by developing best practice methodologies, processes and solutions that meet the business needs of its Members. ISF aims its products at large public and private sector organizations, and produces an annually updated Standard of Good Practice for Information Security. This approach has three phases: a business impact assessment which determines the security requirements of the business, a threat and vulnerability assessment, and control selection. IRAM2 is a simple, practical yet rigorous business essential that helps ISF Members identify, analyze and treat information risk throughout the organization. The standard and its related tools, which must be purchased from ISF, make for a thorough risk management package. The price of the materials includes user guides and attendance at some ISF events....
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...Financial Management – Module Assignment Financial Ratios, Risk and Return Analysis of PT Ace Hardware Indonesia Tbk PREFACE This Financial Management Module Assignment has been prepared to fulfill the requirements of the subject. In this module assignment, we will discuss our analysis about PT Ace Hardware Indonesia Tbk as our object of this assignment. We reviewed and analyzed the firm’s financial statements periodically, both to uncover developing problems and to assess the firm’s progress toward achieving goals. Financial ratios enable financial managers to monitor the pulse of the firm and its progress toward its strategic goals. We also analyzed about a firm’s risk and expected return directly affect its share price. It is therefore the financial manager’s responsibility to assess carefully the risk and return of all major decisions so as to ensure that the expected returns justify the level of risk being introduced. It is hoped that this module assignment can fulfil the requirements of the subject in this semester. Jakarta, December 2010 Team BRIEF CONTENTS COVER PAGE 1 PREFACE 2 BRIEF CONTENTS 3 CHAPTER 1 INTRODUCTION A. PT Ace Hardware Indonesia Tbk 5 B. Corporate Vision 6 C. Corporate Mission 6 D. Corporate Culture 6 CHAPTER 2 FINANCIAL STATEMENTS A. Balance Sheets as of December 31, 2005, 2006 7 B. Balance...
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...Ltd and Pubali Bank Ltd are two oldest private banks of Bangladesh which have played a significant role in economic development of Bangladesh. Therefore, I have made the following report to evaluate overall performance of both banks from 2009 to 2011 and to do comparison between them from 2009 to 2011. To evaluate and compare the overall performances between National Bank Ltd and Pubali Bank Ltd, I have collected data from secondary sources like Annual Report of both banks from 2009 to 2011,Online sources like website of both banks, DSE website etc. I have done Ratio Analysis (Liquidity Ratio Analysis, Profitability Ratio Analysis, Efficiency Ratio Analysis, Leverage Ratio Analysis & Market Position Ratio Analysis), Overall Risk & Specific Risk Analysis, Analysis of Return & Risk of Stock Prices, Systematic Risk or Volatility analysis of stock prices, Required rate of Return or Cost of Equity Capital Analysis and Analysis of Intrinsic value of Current Stock Price & its reflection on the fundamental of the banks for both banks to evaluate and compare their overall performance based on liquidity, profitability, efficiency, leverage management and market position. According to my findings, both National Bank Ltd and Pubali Bank Ltd have moderate and satisfactory overall performance which reflecting the fundamentals of the banks from 2009 to 2011 and National Bank Ltd is in better & satisfactory position based on overall financial performance than Pubali Bank Ltd from 2009 to 2011....
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...financial analysis of Caterpiller Inc. (CAT). The use of various analytical tools, the assignment covered major fundamental parameters relating the company and its stock. The analysis consisted of stock reporting analysis, ratio analysis, duo point analysis, weekly return analysis and the analysis of cost of equity. The stock reporting analysis part of the project analyzed the stock selected with respect to the market Index. For the purpose of analysis the prices of both stock and index were downloaded for the period beginning 15-Jan-2009 till 15-Nov-2011. Ratio analysis had been used as the primary tool for evaluating the performance of the company. The ratio analysis helps in analyzing the probable casual relationships among different items after analyzing the past results. These ratios are derived after analyzing the past results and helps management to prepare budgets, to formulate policy and to prepare future plan. Ratio analysis also helps in making inter firm comparison and also comparisons between different divisions of the company. The required rate of return of CAT is calculated with the help of CAPM model. The model explains the relationship between the systematic risk associated with a stock and its expected return. In this model a stock’s expected return is the risk free rate of return (generally return on Govt. Treasury bonds is taken as risk free rate of return) plus a risk premium based on the stock’s systematic risk. Analysis Stock Reporting Analysis The...
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...FINANCIAL RATIO ANALYSIS OF UNITED COMMERCIAL BANK LIMITED INTERNSHIP REPORT ON FINANCIAL RATIO ANALYSIS OF UNITED COMMERCIAL BANK LIMITED SUBMITTED TO M R M AHMUDUL HAQ ASSISTANT PROFESSOR BRAC B USINESS SCHOOL BRAC UNIVERSITY SUBMITTED BY: ASHIQUR RAHMAN ID-08104154 BRAC B USINESS SCHOOL DATE OF SUBMISSION M AY 24, 2012 LETTER OF TRANSMITTAL 24th May 2012 Mr Mahmudul Haq Assistant Professor BRAC Business School BRAC University Subject: Submission of Internship Report. Dear Sir, With due respect, I would like to inform you that, it is a great pleasure for me to submit the internship report on “Financial Ratio Analysis of United Commercial Bank Limited” as a requirement for the completion of BBA program. I have tried to make the report a comprehensive one within the given 3 months of time. I earnestly thank you for your guidance during the preparation of this report. Any sort of suggestion regarding the report will be greatly acknowledged and I will be gratified if our report serves its purpose. While conducting the report, I have gathered lots of knowledge about the performance of banking operations of commercial consumer lending on first generation banks like United Commercial Bank. I therefore, request you to accept this report and give me proper suggestion to work in my professional life. Yours faithfully, ……………….. Ashiqur Rahman ID: 08104154 Page | i ACKNOWLEDGEMENT As a part of my completion of Bachelor of Business Administration program, our department has...
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...of companies and the information contained in them......................................................................................................................13 1. Balance sheet.................................................................................................14 2. Profit and loss account..................................................................................15 3. Cash flow statement......................................................................................16 5. Analysis of a company’s financial position/standing...............................................17 1. Analysis of financial statements...................................................................17 2. Preliminary balance sheet analysis...............................................................19 3. Preliminary analysis of profit and loss account............................................22 4. Ratio...
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...Financial Analysis of Apple Inc: Financial Analysis of Apple Inc Subject: Financial Management Group Members : Ms. Ouch Kanika Ms. Hour Kimhun Mr. Pen Vanndarong Lectured by: Mr. Sok Ousa Academic Year: 2011-2012 1 Table of Contents: Table of Contents Introduction Horizontal Analysis Vertical Analysis Ratio Analysis – Profitability Ratio Analysis – Efficiency Ratio Analysis – Liquidity Ratio Analysis – Leverage Conclusion & Recommendation Limitations of the Analysis 2 Introduction: Introduction Corporate Facts: Name: Apple Inc. Founded: April 1976 Founders: Steve Jobs Steve Wozniak Ronald Wayne Head Office: Cupertino, California Industry: Computer hardware Computer software Consumer electronics Digital distribution Products: iPhone , iPad , iPod, iMac, Mac Books and other related hardware and software Marketing: Direct: retail and online stores Indirect: resellers & cellular network carriers 3 Introduction: Introduction Reportedly, Apple is one of the most successful technology companies in the world. Apple business strategy focuses on research & development in order to compete in technology world. Based on Forbes (April 2012), Apple’s market capitalization worth $546 billion, which is: Almost twice of Microsoft ($273.5 billion) More than twice of IBM ($238.7 billion) More than twice of General Electric ($213.7 billion) More than twice of Wal-Mart ($208.4 billion) More than twice of Google ($203.2 billion) More than thrice of Coca Cola ($158.8 billion)...
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...Financial statement analysis (or financial analysis) the process of understanding the risk and profitability of a firm (business, sub-business or project) through analysis of reported financial information, by using different accounting tools and techniques. Financial statement analysis consists of 1) reformulating reported financial statements, 2) analysis and adjustments of measurement errors, and 3) financial ratio analysis on the basis of reformulated and adjusted financial statements. The first two steps are often dropped in practice, meaning that financial ratios are just calculated on the basis of the reported numbers, perhaps with some adjustments. Financial statement analysis is the foundation for evaluating and pricing credit risk and for doing fundamental company valuation. 1. Financial statement analysis typically starts with reformulating the reported financial information. In relation to the income statement, one common reformulation is to divide reported items into recurring or normal items and non-recurring or special items. In this way, earnings could be separated in to normal or core earnings and transitory earnings. The idea is that normal earnings are more permanent and hence more relevant for prediction and valuation. Normal earnings are also separated into net operational profit after taxes (NOPAT) and net financial costs. The balance sheet is grouped, for example, in net operating assets (NOA), net financial debt and equity. 2. Analysis and adjustment of measurement...
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...AN ASSAIGNMENT ON FINANCIAL RATIO ANALYSIS OF M.I. CEMENT FACTORY LIMITED Prepared for | Prepared byGroup DOEL | Mohammed Sawkat Hossain. Lecturer, Faculty of Business Studies, Jahangirnagar University, Savar,Dhaka. | * Khairuzzaman MamunID No :20113137Contact no : 01761808592Email : kpmmamun@gmail.com * Md. Yeadul Islam ShaikhID No :20113118Contact no : 01727980638Email : yeadul_ju@yahoo.com * Shameema yesmin sumeID No :20113117Contact no : 01918615964Email : sumiju34@gmail.com * Md.Razaul islamID No :20113220Contact no : 01670683420Email : engr.minar@yahoo.com | Submission Date: December 09,2011 Faculty of Business Studies, J.U. December 09, 2011 Mohammed Sawkat Hossain. Lecturer, Faculty of Business Studies, Jahangirnagar University, Savar,Dhaka. Subject: Submission of the assignment of the course Financial Accounting. Dear Md. Sawkat Here is the assignment that you asked ask us to conduct on March 31, 2012 on a Financial Ratio Analysis of M.I. Cement Factory Limited. In this assignment we have included all the required data you have asked us to represent. Finally, we have attached the financial statements in the appendix. We will be pleased if you have any further query for this you can call us at your convenient time and place. Sincerely yours, Group DOEL Acknowledgement From the core of our heart we would like to convey our earnest admiration, loyalty and reverence to the almighty Allah, the most merciful, for keeping...
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...1.2 Product & Services 5 2. INDUSTRY ANALYSIS 8 2.1 Industry overview 8 2.2 Competitors analysis 8 2.3 Current state of the economy 8 2.4 Porter’s five forces 13 2.5 SWOT Analysis 16 3. BUSINESS AND FINANCIAL RISKS ANALYSIS 16 3.1 Liquidity Risk 16 3.2 Capital risk 19 3.3 Strategic risk 22 3.4 Credit risk 23 3.5 Foreign exchange risk 25 3.6 Market risk 27 APPENDICES 29 REFERENCES 36 EXECUTIVE SUMMARY The main purpose of this report is to investigate Bendigo Bank’s business and financial risks for the sake of suggesting the most appropriate financially justified risk management strategy. The main content of the report is divided into four major parts including (1) Company analysis, (2) Industry and peer analysis, (3) Risk management analysis and (4) recommendation. The first section will critically provide a brief overview of the company background and detailed information about its core products and services consisting of personal banking, company banking and wealth management. Following section will discuss through macro-economic factors including the current state of the economy measured by relevant economic indicators. Then, the industry overview and the performance of major rivalries will be analysed and supported by conducting Porter’s five forces and Swot analysis. The critical section will deliver business and financial risks analysis via different categories of risks. The analysis will be complemented by the comparison between...
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...COMPANY’S FINANCIAL ANALYSIS REPORT CONTENTS Introduction ……………………………………………………………………………… i About Oil Company………………………………………………………………………ii Company’s annual report ……………………………………………………………….X Analysis tools and techniques……………………………………………………………X I.Non-Financial analysis A. market aspects B.product and services c.company’s risk II.Financial analysis A. Vertical Analysis Company a Company b Company c Company d B.Horizontal Analysis Company a Company b Company c Company d C.Trend Analysis Company a Company b Company c Company d D.Cross-sectional analysis III.Over-all conclusion Introduction This comprehensive study is conducted to determine where investor’s funds should be expended in the business. This course can help evaluating if the company’s strategy is competitive within the industry and to pinpoint their company's strengths and weaknesses through Quick Financial analysis we have made. This is also serving as analysis tools that help the student to better manage working capital, cash and accounts receivable, plus much more. The company’s annual report for prior year is our focus on this study. However, the computed ratio is not the answer. It is only an indicator of some aspect of a company’s performance to make them comparable. Company’s Risk Foreign Currency Risk The Parent Company’s functional currency is the Philippine peso, which is the denomination of the bulk of the Group’s revenues. The Group’s exposures to foreign...
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...financial statements of different companies to rate their performances. The emphasis was to be able to choose among several companies the best one to invest in. The aim of the study was met by comparing the risk of different companies, their rate of return, future trends and their strengths and weaknesses. In the theoretical section of the thesis different factors affecting the capital market were discussed, with the focus being on the risks of an investment. Basic financial statements and ratios were discussed briefly. Next cross sectional and time series techniques to compare the financial statements and ratios were revealed. Most of the information from the theories was later on used in the empirical part of the thesis. In the empirical study, initially the financial statements of different companies were taken to compute the ratios, risk, average return, to make trends and common size statements. Then a quantitative interpretation of the risk and return charts, common size statements, trend statements was executed alongside the qualitative discussion of individual figures and tables. General Motors, Ford, Nissan and Toyota are the four automotive company used for the purpose. Finally a clear picture of the performance of these companies from 2008 to 2011 was available. A very high risk but lower rate of return...
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