The American Political System Essay Example | Topics and Well Written Essays - 250 words

The American Political System - Essay Example The American political system is indeed on that is rightfully the envy of the other countries. The system of check and balance within our political system should be considered the greatest strength of our government. However, it is this very strength that also weakens our political structure in a certain way. Too much check and balance in the legislative arm of the government results only in never ending filibustering which in turn prevents the government from effectively governing the society that they are supposed to lead. Just look at the recent events between the White House and Congress and you will know that I am stating a well known fact. Check and balance, when done incorrectly by our government leaders instead ends up weakening our political and economic structure. If I were given a chance to change something about the American democratic system, it would have to be the electoral college. Although the college is good as a provider of check and balance within the two party system, it stifles the true will of the people by allowing their individual belief and voices to be heard because individual votes are not counted in favor of either two party system candidate. Therefore, an electoral college proclamation of a president cannot really be considered to be the real voice of the people thus, one cannot actually say that the president elect has the overwhelming support of the American

The purpose of the study is to observe whether proper methods and Case

The purpose of the is to observe whether proper methods and techniques of Financial Statements preparations are used in Mi - Case Study Example The Board may also pay specific attention to how well management is employing information to feedback about its operations, to propose new strategies and to make decisions. Operating and financial statements of MFI will report on a quarterly / monthly basis, including a set of carefully selected indicators for identifying progress against financial goals of the MFIs social objectives and operations plans. These financial and operating reports should give the top management of MFI an exhaustive and focused portrait of MFIs progress as regards to its triple bottom line. In this study, I will be analysing in detail about whether proper methods and techniques of Financial Statements preparations are used in Microfinance Institutions in order to help the CEOs with data pertinent to day-to-day operations and decision making. (Goldberg & Palladini 30) 2. â€Å"Purpose of the study â€Å" â€Å"The purpose of the study â€Å"is to observe whether proper methods and techniques of Financia l Statements preparations are used in Microfinance Institutions in order to help the CEOs with data pertinent to day-to-day operations and in decision making. Thus, the main aim of this research study is to make recommendations for appropriate financial standards, keeping in mind the professionals in the sector who may be required to have a preface to the implications and the depth of such financial standards. 3. ... This again corroborates that MFI should pay more attention to prepare its financial statements with the above specific requirements well within the time limit. (Ledgerwood & White 313). CAMEL system was first perused by the bank regulators in North America to assess the managerial and financial soundness of the commercial financial institutions in U.S.A. MFI are using the CAMEL appraisal norms and grade five provinces of managerial and financial performance. It includes the following Asset quality Capital Adequacy Management Liquidity management Earnings Employing the original CAMEL’s conceptual framework, â€Å"ACCION international structured its own apprising strategy.† â€Å"The ACCION CAMEL model assesses the analogues five provinces but the ratings and indicators mirror the conditions and challenges of the microfinance industry. â€Å"ACCION CAMEL methodology needs the MFI to offer the following information: Cashflow and budget projections Financial statements pr epared in accordance with GAAP Portfolio aging schedules Funding sources Operations and staffing Microeconomic data With the above information from the financial statements of MFI, the ACCION CAMEL makes the following fine-tuning: 1) loan write-offs, 2) loan loss provision 3) Impacts of inflation 4) explicit and implicit studies 5) accrued interest income . Further, it rates and analyses twenty-one major pointers with every pointer accorded with a separate weighting. (Goldberg & Palladini: 13). Management Information System (MIS) is one another area that is required to be fortified in the microfinance sector and Information Technology can make a huge difference in this province. Now, there are available IT solutions,