Explore the auditing process in your paper. Research standard business auditing procedures as well as the government auditing process. Explore the effectiveness of auditing in catching errors or intentional misuse of funds. Gather information on proposed modifications to the auditing process and comment upon the potential effectiveness of each of these modifications.
Many consumers are blissfully unaware of their financial options and, therefore, fail to take advantage of potentially advantageous investment opportunities. Research the process by which consumers are informed of their financial options. Discuss ways in which this process could be improved upon. Provide an explanation of how you feel financial counseling could be more effectively provided and consumers properly informed of the financial options that they have at their disposal.
The market ebbs and wanes, so periods of recession are nearly unavoidable. Research ways in which economies can make the road back from recession smooth and profitable. Gather information on attempted recession avoidance or ending techniques that have been used during recessionary periods. Discuss the best course of action for a government facing a period of recession, providing numerical data to back up your argument.
In many states, personal finance courses are a high school requirement. Research the impact of personal finance courses on student financial discussions. Discuss the elements that make up a strong personal finance course. Provide information on what steps an institution of education must take to implement an effective and beneficial personal finance course for their students.
A credit rating, once damaged, can be difficult to improve. Gather information on credit rating recovery options. Explain the benefits and weaknesses of each option. Discuss what consumers with bad credit can do to improve their credit rating and make it easier to obtain a loan or other credit.