Finance accounting Essay Example | Topics and Well Written Essays - 3000 words

Finance accounting - sample ExampleSome of the bodies include financial accounting standards board (FASB), American Institute of Certified exoteric Accountants (AICPA), Public Companies Oversight Board (PCOB), International Accounting Standards Board (IASB), Securities Exchange Commission (SEC) and Association lease Certified Accountants among other governing bodies globally.Financial regulations have been common phenomena in the current world. For example in the recent Euro crisis the countries involved had to take measures to go out that their financial systems are not curtailed. Policies were reviewed at this time to ensure currency stability in the market. Another instance which has seen financial reviewing is in the US during the 2008 financial panic. The ground finance department reviewed its policies to ensure that the government did not transcend into a state of jeopardy. Although policies are interminably reviewed they must fall within the stipulations of international ly accepted principles. The whole sequence of formulation is governed by the broadly speaking accepted accounting principles (GAAPS) failure to com give with these rules will lead to confusion in the sector.This paper tries to learn the financial implications of Ryanair plc. Ryanair is an international company with huge market base it operates low cost passenger airlines which ply the routes between UK, Europe continent and the Moroccan airspaces. Besides the company is listed on a stock veer in the country, with a huge base of shareholders the company needs to frequently assess its financial statements to pack the right message to the shareholders and stay within the law.It is the financial obligations of the companies which on most occasions oblige care to address or review the financial statements of the company. Shareholders and the authorities will on most occasions expect reports on the operations of the company. In