Simulation FAST – Finance & Accounting Simulation Tool F.A.S.T. © (Finance and Accounting Simulation Tool) is a quick introduction into the basic concepts of accounting and into the ways of analysing the financial health of a ...
International transfer pricing, that is, the setting of a price for internal transactions within a multinational group, is irretrievably linked to international tax law. In seeking equity across borders, tax law imposes the arm’s length principle as the yardstick to judge the fairness and correctness of the transfer pricing system, in line with the OECD Transfer Pricing Guidelines.
Previous research shows that cooperation between marketing and sales departments on the one hand and finance and accounting departments on the other hand is not always satisfactory. More recent developments in management accounting however propose models and methods that are very useful for marketing and sales professionals. In this case study we describe a customer life time model that is used by a telecom company to define its marketing strategy.
The Wal-Mart case is intended for an introductory or main course on Financial Statement Analysis. It may also be useful within a Corporate Finance/Financial Management course. After a class on financial statements and liquidity, profitability and solvency ratios – and some brief examples discussed by the lecturer – students should be capable of making a financial analysis of Wal-Mart.
This book serves as an introduction to the exciting field of real options. Numerous examples where traditional NPV provides flawed outcomes are presented to illustrate the main differences between traditional valuation approaches and real options. Various applications of real options are described and the determination of a real option’s parameters and value are extensively elaborated upon. The book concludes with a critical discussion of the real options approach.