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    Foreign Aid : Does Foreign Aid have an effect on governance in recipients country.

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    Essay On: Foreign Aid: Does Foreign Aid have an effect on governance in recipients country. We will be looking at a set of issues that fall under the broad umbrella of global economic issues Some are issues relating to globalisation Others are issues that are “hot topics” in world affairs We will not be overly concerned with economic theory But we will be concerned with measurement issues and empirical evidence...

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    Introduction

    In the present age of globalisation, development is a theme that usually encapsulates totality of a country’s outlook. The ever-increasing global concerns like poverty and unemployment are highlighting the downsides of development, theory highlighting needs for foreign aid. In the current era of post-recession and rapid socio-economic developments, both developing and developed countries are undergoing policy changes. The promotion of FDIs, foreign policies and trade sectors are all influenced by the growth of foreign aids received from international collaboration and exchanges. Different types of economic programs and policies are being conducted by national governments with the help of multilateral aid agencies and foreign donors.  National governments are required to develop and implement suitable policies for ensuring that foreign aids are directed and used towards a more productive sector.The present essay seeks to analyze the role of foreign aid interventions in policy development and its success. The essay discusses three theories, namely Big Push theory, Financial Liberalization theory and Agency theory in the content of national government’s policy development. The essay also puts forward empirical evidence based on the theory results for identifying impact of these theories on foreign policies of a government. A concluding section is provided that includes summary of the important points.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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