...HEALTH AND SOCIAL CARE QCF: Level 5 Diploma in Leadership for Health and Social Care and Children and Young People’s Services (England) Unit CU 2953 Manage Finance within own area of Responsibility in Health and Social Care or Children and Young People’s Settings This workbook meets the following assessment criteria for unit CU : Written questions Please answer the following written questions: CU2953 - 1.2 Outline sources of funding that are used to construct the budget for your own work setting All residents living in our home are council funded also they get Disability living allowance which is used towards their daily expenses like lunches out , shopping for clothes, paying for transport. CU2953 - 1.3 Outline the roles, responsibilities and accountability of all those involved in financial management of the budget for own work setting The person in charge of the finances is the proprietor and we agree on a weekly budget for food for the home as well as household items, after is my responsibility to ensure the budget is used effectively within the home and all money spent are accurately accounted for, money coming in to the house are registered in and out through a cash file which is maintained by my senior team and I check on a regular basis . Residents personal finances are monitored by their keyworkers and I check them regularly, keyworkers and myself will review spending monthly to ensure residents are safeguarded and all expenses...
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...views at this Forum. 2. Much has been said and continues to be said about the foothold which Islamic finance has gained in the international financial landscape. A range of proof points support this contention and justify further projections of the growth trajectory of Islamic finance in the coming decades. Page 1 of 9 We have achieved double-digit growth rates for various components of Islamic finance including sukuk, fund management and Islamic banking, whether at the national, regional or international levels. Additionally there has been increasing acceptance of Islamic finance not only in the Muslim-majority countries but also in certain predominantly non-Muslim jurisdictions. We have also witnessed the growing size of funds seeking Shariah-compliant investments and the increasing participation of multi-national corporations, multi-lateral institutions and conventional institutions in sukuk issuances. 3. It is not my intention today to revisit the benefits of Islamic finance or restate the pre-conditions for its further growth. As I have alluded to, these are welldocumented and well-known to all. Instead I would like to share my thoughts on just two aspects of Islamic finance which make up the theme of our Forum this year – the concept of risk-sharing and of public good. These two aspects of Islamic finance are often over-looked or perhaps under-valued. 4. Islamic finance started as an industry within the conventional framework based on adapted...
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...Influenced by my mother, who works in a bank, I have been interested in finance since I was a child. Even though I was unable to take Finance as a major in my undergraduate studies because I missed the standard for that topic by a single point in my college entrance examination, I still kept my enthusiasm for Finance and gradually developed a keen interest in the topic of Carbon Finance and Carbon Trading. As part of my research into Carbon Finance, I was very interested to discover that it is partly based on ideas about accounting for social costs developed by Ronald Coase more than fifty years ago. In Chinese financial institutions there is a shortage of professional consultants who can analyze and evaluate local companies in the potential area of carbon trading. I hope to become a professional consultant in Carbon Finance industry when I graduate. In this way, not only can I maximize profit for companies, but also to make use of my skills in analysis to protect the environment. Starting with my love of finance, I have paid more attention to learning Financial Management. In a recent team project it was a big challenge for our team to analyze a company’s operational performance based only on pages of financial statements, especially as everything was in English. In order to perfect our report, we looked over textbooks to study different financial statements, searched until midnight for suitable theories in the library and applied those theories to our case. When we finished...
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...higher 工科: IELTS of 6.5 (no component under 6.0) or equivalent [pic][pic][pic] TOEFL: Internet-based score of 92 (minimum 19 listening, 21 speaking, 19 writing and 20 reading) PTE (Pearson): 62 (minimum 55 in all components) Test dates should be within two years of the course start date. 2. ST ANDREWS 圣安Scotland MLitt International Business MLitt Marketing MSc Economics MLitt English Studies MSc Finance MLitt Finance and Management MLitt Human Resource Management MLitt International Business and Strategy MLitt Management MSc Management and Information Technology MSc Computing and Information Technology MSc Information Technology MLitt TESOL with Distance Learning 2:1 (UK), 2:2 or B+ (Europe), 3.6 GPA (USA), 85% (China), 70% (India) IELTS 7.0 with minimum 6.0 in writing or TOEFL 600PBT/100IBT £17,500 NO GMAT Requirement, 2+2 students’ IETLS may can be waived. 3. Bath 巴斯 England The School of Management: No 1 for Accounting and Finance in UK No. 1 for Student Satisfaction in Business Study in UK No 1 for Graduate Jobs in Business No 2 and No 11 in UK and World Ranking in MBA study Management: 44 (0) 1225 386742 MSc in Management MSc in Human Resource Management and Consulting MSc in Sustainability and Management MSc in International Management MSc in Advanced...
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...Limits to Arbitrage: Saint Leo University- Chesapeake, Virginia Corporate Finance: MBA 570 Professor Smith April 23, 2014 Abstract Arbitrage is the idea of buying asset which involves no negative cash flow and making a profit with little or no risk. Understanding arbitrage opportunities is not the only ingredient needed to make sharp predictions. The level of irrationality need to be specified by behavior finance researchers. This is related to how they deviate from the Subjective Expected Utility theory. In order to specify the type of irrationality, researchers have turned to experimental evidence complied by cognitive psychologists on the biases that arise when people form beliefs, and on the people’s preferences, given their beliefs or on how they make decisions, Thaler and Barberis (2002). In this paper, we will concentrate on the extensive literature on the Limits to Arbitrage and explain how the theory was conceived, how it evolved over time and apply a scenario to better explain the research. Limits to Arbitrage Understanding arbitrage opportunities is not the only ingredient needed to make sharp predictions. The level of irrationality need to be specified by behavior finance researchers.This is related to how they deviate from the Subjective Expected Utility theory. In order to specify the type of irrationality, researchers have turned to experimental evidence complied by cognitive psychologists on the biases that arise when people form beliefs, and...
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...Master in Finance Class of 2010 Placement Report www.ie.edu 2 Master in Finance 2010 Placement Report I. Facts and Trends In 2010-11, as the debt crisis hit the developed economies and lets to a subsequent contraction in the growth of the emerging markets, the job markets around the world evolved to new levels of competitiveness. Even though our Master in Finance Class of 2011 graduated in a difficult economic situation, they still commanded good positions in the Finance industry and Finance roles in other industries. We at the IE Career Management Center rose to the challenge of placing IE students globally. We are certainly proud of our achievements. Our three specialized teams consisting of the career advisors, recruitment relations managers and career education professionals, work proactively with our students in providing them the resources and opportunities to compete in the job markets. With the aim to train, advise, and assist our students and alumni in their job search, we are happy to report that we have developed a well rounded approach to career development. This is coupled by our students being well equipped with the necessary skills and know-how to undertake the functions of finance with maximum effectiveness, efficiency and professionalism and the ability to apply the functions of finance to create corporate and social value. Our efforts in designing our Finance programs are reflected in the recent rankings by Financial Times, which placed our Master...
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...Title Author Research Objectives Hypothesis Methodology Data collection methods Sample Statistical method Findings/result Conclusion Islamic Finance and the Afterlives of Development in Malaysia Daromir Rudnyckyj To describes some of the actions that have taken to position Kuala Lumpur as the central node in this emerging financial system. It also highlights the key principles of Islamic finance and the debates in which practitioners are engaged while developing a shariah-compliant financial system. Four aspects of Malaysia’s Islamic finance project reflect the afterlives of development. A novel approach to capitalism has been created to show how the efforts build on prior legacies of develop mentalism. First, state plans to build an Islamic...
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...Financing the Mozal Project Li Hongru, Ji Bian & Frantz Moudoute Analysis of an Project Finance case in Mozambique The University of Hong Kong, MBA Class of 2016 Summary Summary ........................................................................................................................................ 2 The Mozal project – Presentation ........................................................................................... 3 Project Financing – Definition ................................................................................................. 3 Project finance -‐ Advantages and disadvantages ............................................................. 4 Advantages ................................................................................................................................ 4 Disadvantages .......................................................................................................................... 4 Project Financing -‐ A solution for Mozal ............................................................................. 5 “Hujambo Mozambique!” .......................................................................................................... 5 Risk assessment ........................................................................................................................... 6 Sovereign risk..............................................................................
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...The Influence of Internet Finance for SME Financing in China Introduction Currently, SME (Small And Medium-size enterprises) is the foundation of promoting national economy development, constructing the subject of market economy and promoting the development of social stability in China (Wang, 2011). In recent years, the economic situation has experienced dramatic change and this huge variation stimulates financing needs of SMEs in China greatly. Nevertheless, the majority of SMEs have financing difficulties due to their personal limitations and insufficient external support. As a result, it is hard for them to have a further development. With the advent of the information technology revolution, Internet Finance is considered as a new effective way to solve the financial difficulties of SMEs and it brings about many positive influences, although there are some negative aspects to improve. This essay will firstly inform background information about the reasons for SME financing difficulty as well as Internet finance’s current condition. Additionally, it will give evidence for the main argument that there are more positive influences than negative influences of Internet finance on minor enterprises’ financing issue. Finally, some practical suggestions will be put forward, helping Chinese SMEs to find the optimal choice in financing. Background There are more SMEs in China than before in accordance with the relevant statistics. According to Wang (2011), SMEs account for 99...
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...several definitions of behavioural finance exist, there is considerable agreement between them. According to Lintner, “Behavioural finance is the study of how humans interpret and act on information to make informed investment decisions.” Olsen opines that ‘behavioural finance does not try to define ‘rational’ behaviour or label decision making as biased or faulty; it seeks to understand and predict systematic financial market implications of psychological decision processes.’ It should be noted that no unified theory of behavioural finance exists at this time. Behavioural finance is based on research of human and social recognition and emotional tolerance studies to identify and understand incoming economic decisions. Behaviour finance examines recognition and emotional factors influence on the market changes and concentrates on the limited human rationality, explains the psychology effect on the financial activities and argues that financial phenomena can be better explained due to the fact that financial market participants are not rational and their decisions are...
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...INTRODUCTION No business functions without finance. For there to be business concern therefore, there must be money. Development has however, changed the business operations in the capital globalize markets. People invest in business to make returns. It is therefore imperative for an individual to invest as well as institutional investors. Prior to development in capital markets, individual investors used to make their own investment decisions. But all these are changed now as individual investors have been replaced by institutional investors. This is also known as shareholding. Institutional investors play a very enviable role in corporate governance since the primary responsibility lies in side the board room, with the top management not with people and system imposed from outside. Looking at Board of Directors and investors, investors are seen as “sources of finance” or “partners in the enterprise”. This means that shareholders are seen as faceless, financial resource whose trust may be limited and need for checks and balances real? Or are they part of the business? Companies do take advice and guidance from their institutional shareholder in domestic and foreign business growth decisions (Stuffman 2008). This takes us to Hermes Fund Management, an institutional investment Corporation, which plays a strategic role in the activities of Total and Premier Oil. Total and Premier Oil has sought assistance from Hermes in managing business concern in Burma. This case study...
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...WP/04/01 Bank of Uganda Working Paper Recognising the Role of Micro Finance Institutions in Uganda Justine Nannyonjo and James Nsubuga _________________________________ Bank of Uganda 2 WP/04/01 BOU Working PAPER Research Department Recognising the Role of Micro Finance Institutions in Uganda By Justine Nannyonjo and James Nsubuga February 2004 Abstract This paper shows that micro finance is an important part of the growth strategy in Uganda and has in the recent years gained increasing recognition. This is evidenced by initiatives and strong commitment by government, donors and practitioners towards supporting micro finance activities in Uganda, and the rapid expansion of the micro finance industry. Integration of Micro Finance Institutions (MFIs) into the formal financial system has been established, while measures have been taken to build capacity and enhance coordination in the micro finance industry, as well as expand the outreach of sustainable micro finance. The paper, however, identifies a number of challenges to the development of the micro finance industry: There is need to strengthen the capacity of MFIs to build their management information systems, and to rebuild infrastructure in underserved areas as well as strengthen capacity for identifying potential market structures, which could serve as the basis on which to build sustainable micro finance services. Other challenges include restoring peace in conflict areas and strengthening...
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...Business Financing and the Capital Structure Tamika Coleman Professor Rollinson Edewor Finance 100 June 9, 2015 Introduction Business operations originate from the inculcation of plausible approaches towards ensuring sustainable operations within the first year of operations. Thus, from the analysis of many businesses, investment into proper financial plan and effective marketing strategy is bound to sustain profitable outcomes. Therefore, this paper will examine financial planning, marketing and the plausible approach towards expansion of business. Outline a financial plan for your small business. Most fundamentally, a financial plan denotes two main facets of analysis that entail an analysis of the financial goals and review of the financial statements. As a new business, One Stop Shop Swim store aims towards meeting the customer needs of the market of operation. Hence, an evaluation of the financial plan is as follows: Financial goals Financial goals focus towards laying forth the targets or operational milestones that need to be met by One Stop Shop Swim store. Thus, the evident financial goals are as follows: * Sustain a 7% growth in sales within the first six months of operation * Ensure that a second store is opened after a year of operation * Make a more than 30% of the initial capital within the first year of operation Review of financial statements Terence (2003 p90-178) emphasizes that in US, there prevails two main financial statements...
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...to scrutinise a number of courses offered in four different disciplines within a business school and identify how these courses relate with decision making. The conclusions are presented in tabular form. IVEY Business School and The University of Pennsylvania were my source of information. There school of Business offers many different courses all of them lying under or comprising of the different disciplines that are found in business school. Some of these include: i. Business, Economics and Public Policy Course Relation to Decision making Focus Computerized support Intro to Business Economics Explores the economics and politics of public policy to provide the student with an analytic framework. Policy issues relating to taxation, social security, low-income assistance. High Financing and Managing Government Covers cost-benefit evaluations which influence decision making. Role of public policy in affecting the efficiency of markets and the distribution of resources in society. High. Economic Analysis of Law Teaches students how to think as an economist about legal rules and evaluate alternative legal rules. Interpretation of legal rules Moderate Behavioural Economics, Markets, and Public Policy Applies insights from psychology to the study of economic phenomena and decision making. How psychology plays out in markets, where consumers and firms interact and compete. Moderate Managerial Economics The application of microeconomic theory to management problems To understand...
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... The National Home Mortgage Finance Corporation was created in 1977 by virtue of Presidential Decree 1267, with the mandate of increasing the availability of affordable housing loans to finance the Filipino homebuyer acquisition of housing units through the development and operation of a secondary market for home mortgages. Consistent with this mandate NHMFC bought mortgages originated by private financial institutions, and eventually sold them back to the public through the issuance of mortgage backed financial instruments. However, the financial crisis which hit the country in 1984 up to the early part of 1986 caused the collapse of a relatively successful home-financing program of the government. Since a sizeable portion of NHMFC funds came from the financial market, in addition to funds coming from contributions of PAG-IBIG members, the 30% to 40% interest rates in the financial market made it impossible for NHMFC (whose lending rate was pegged at 9%) to operate viably. With the assumption into office of the Aquino Administration in 1986, there was already a felt need to reorganize the government housing agencies and define their new mandates. Executive Order No. 90 on December 17, 1986, gave fresh mandates to the five housing agencies, NHMFC included. As the major government home mortgage institution, NHMFC was tasked to operate a viable home mortgage market, utilizing long-term funds principally provided by the Social Security System (SSS), the Government...
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