A combination of banking and consultancy services is called Merchant Banking that banks provide to their customers. It helps a businessman in commencing a business and also offers consultancy for various matters required to run any business smoothly and successfully such as managerial, financial, marketing, raising fund for business and legal. There are so many other ways where it helps to its customers as helps in modernizing, expanding the business. Other consultancy services are revival of sick business units, registration formalities of new business and many more. In light of the above explain the various functions and services in detail that are carried out by Merchant Bankers to their corporate clients.

A combination of banking and consultancy services is called Merchant Banking that banks provide to their customers. It helps a businessman in commencing a business and also offers consultancy for various matters required to run any business smoothly and successfully such as managerial, financial, marketing, raising fund for business and legal. There are so many other ways where it helps to its customers as helps in modernizing, expanding the business. Other consultancy services are revival of sick business units, registration formalities of new business and many more. In light of the above explain the various functions and services in detail that are carried out by Merchant Bankers to their corporate clients.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 8Q: Use the internet to research one manufacturing, one retail (or merchandising), and one service...

See similar textbooks

Similar questions

More and more businesses are adopting the use of Customer Relationship Management (CRM) software’s within the Accounting information Systems. Required; i) Explain two benefits that a business enjoys by using Customer Relationship Management (CRM) software’s.
Use the internet to research one manufacturing, one retail (or merchandising), and one service business. For each business, describe the following:Your answer:A. the primary purpose of the entityB. the types of activities that accountants would record (hint: what is the source of the business’ funding, and what costs might the business have?)C. the types of decisions that might be made in this organization and how financial and nonfinancial information might help the decision-making process
Know your customer (KYC) is critical for business from regulatory perspective because O a. It helps maximise business revenue and turnover by understanding customers' preference O b. Business can collect customer data and make profit out of it O c. It can protect against fraud and crimes and to deliver obligations in terms of products and services O d. Business can proactively chase the sources of money laundering and protect the public interest Based on ASIC's Innovation Hub Sandbox exemption for fintech testing, given fintech in sandbox must: O b. O c. Od. Have no more than 100 retail clients Can have unlimed wholesale clients Have total exposure to customers of no more that $5 million All of the above
1. What makes Information important in credit and collection?2. How does technology enhance the collection process of a business?3. What is the function of Credit and Collection Department in abusiness?4. Provide reasons why company offers credit to their customers.justify all your answer.
Use the internet to research one manufacturing, one retail (or merchandising), and one service business. For each business, describe the following: A. the primary purpose of the entity B. the types of activities that accountants would record (hint: what is the source of the business funding, and what costs might the business have?) C. the types of decisions that might be made in this organization and how financial and nonfinancial information might help the decision-making process
Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion post in which you respond to the following prompts: Under what circumstances would it be in a business’s best interest to invest in and use a computerized accounting system? Are there circumstances in which it would make sense to use a manual system? Explain your answer.
Studying AIS helps students understand business processes from an accounting perspective. Which of the following activities would commonly be associated with the financing process? Selling goods and services on credit Issuing equity securities Making payments to vendors Hiring employees to work in the finance department
select a “start-up” company in an industry of your choice and provide a brief summary description of the start-up company you chose and the goods or services it provides. 1. As a start-up company, identify three Credit Risks the company currently faces today or could face in the future. Explain in detail why these risks are a threat to the company. 2. What advice would you give to the CEO of the company to prevent or minimize these credit risks?
Many accounting and accounting-related professionals are skilled in financial analysis, but most are not skilled in manufacturing. This is especially the case for process manufacturing environments (for example, a bottling plant or chemical factory). To provide professional accounting and financial services, one must understand the industry, product, and processes. We have an ethical responsibility to develop this understanding before offering services to clients in these areas. Required Write a one-page action plan, in memorandum format, discussing how you would obtain an understanding of key business processes of a company that hires you to provide financial services. The memorandum should specify an industry, a product, and one selected process and should draw on at least one reference, such as a professional journal or industry magazine.
You are the owner of a successful business that is beginning to grow. You are considering the acquisition and implementation of a process-based information system.Explain to your business partner, who is a traditional accountant, the relationship between business processes and the information system. Also, it explains how a traditional accounting system differs from a process-based system.
You will perform the roles of a Management Consultant and Financial Analyst, whose main task is providing advice to the company's management, and to potential investors, respectively. These are two of the most high profile and lucrative positions in the profession Of Home Depot .
The senior partner of an accounting firm is looking forways to increase the firm’s business. What other services besides traditional accounting can the firm offerto its clients? What new challenges might this additionalwork create?