Essays on Budgeting

Digitalization is rapidly changing how individuals access financial services and interact with financial service providers. The spread of mobile technology has paved the way for a new era of financial services in many countries. Technology enabled businesses allow people to perform many basic transactions, such…

Strategic Management Microfinancing is when financial services such as loans are offered up to the poor population that do not have access to traditional banking practices. In terms of the case, microfinance involves a small loan with a high rate of interest. It lends itself…

As per World Bank’s report issued in 2018, 783 million people out of 4560 million of Asia are extremely poor who are living below the poverty line of US $1.9 a day. Poverty solely describes the economic stability of any country. Through Poverty lifelong troubles…

The development of the current economic system, allows consumers exposed to various kinds of risks. These risks can be inherent in businesses that are carried out up to personal consumers. But with the increasing application of science, these risks can be managed by consumers, the…

Microfinance is a banking service provided to low-income or unemployed individuals and groups who have limited access to financial resources. One of its main features is a loan given without security. “Its goal is to provide impoverished people with an opportunity to become self-sufficient and…

Microfinance, as an essential financial resource in emerging countries as well as a developing country also referred to as micro-credit. The term corresponds to a low amount of credit destined to people with little or even no income and provides entrepreneurs and small business owners…

Microfinance empowers financially underserved people to invest in their own businesses which therefore leads to an overall development of the country. Microfinance in Pakistan targets business growth by giving loans to small businesses and entrepreneurs. Recently, Microfinance has been one of the improving sectors in…

Microfinance is a concept introduced to Albania by the international community as one of the best and most innovative ways in the period of the socio-economic crisis faced by the country in the first years of transition. The first 100 microcredits earning $ 20,000 were…

Micro finance is a vital tool to cater to income and level of living of the people both in urban and rural area. In spite of the exceptional increase in the physical outreach of formal credit institutions in the past several decades, the rural poor…

Over the past few years, the Financial Accounting Standards Board (FASB) has embarked on a project to simplify and strengthen its reporting framework in accordance with the United States Generally Accepted Accounting Principles (GAAP). One of the simplification projects currently on the FASB’s agenda is…

As we all know that budgets are the most advance management control tools, budget is official report of anticipated profits and expenditures based on future ideas and goals. A budget is also a file that management makes to predict the income and expenses for the…

In today’s economy, an increasing number of businesses are establishing international operations. According to a survey conducted by USForex, up to 58% of startups already have international customers, while as much as 96% feel strongly about conducting business abroad. The historical notion of starting a…

Background Viva Las Vegas, as many say! The City of Las Vegas became the most popular city in Nevada as it was first known as “Clark County.” The city is located in the Mojave Desert known which is known to be the driest desert within…

With the budget date fast approaching, many are becoming concerned with the new policies and taxes which may be opposed on them. Post Budget 2018, there have been numerous ‘Pre-Budget Submissions’ to the department of finance, airing their concerns and recommendations for Budget 2019. One…

Before beginning to construct a plan for fundraising there are a few questions to ask oneself. What is our mission? How many are expected to help? Do we have a somewhat idea of a budget? The response to these questions will assist in finding a…