Book Yoda. Business & Investing.

How to sell banking/Insurance products?

Completely depends on what products you are selling. Every product is sold a little different. The easiest way is to explain the product in a way that is relavent to them and that is interesting (see conceptual selling).

2008-10-16 02:34:36 by SAIROSHAN

Credit Cards,Gift Cards,Loans,Banking,Insurance Browse,Compare And Apply For Your Visa Or MasterCard Credit Card and Also All Types Of LOANS With ...

1. I am looking for the more domain related processes
2. I am not looking for details regarding the support functions that can be offshored, for e.g., Finance, HR etc.
3. Would be best if someone can lay down the complete workflow of processes in banking and insurance and then mark out the potential activities that can be offshored

Consult a professional for that level of detail. I can't imagine you'll find it here.

2007-08-17 15:48:48 by Ankit G

What implications does the subprime lending have on the corporate, banking and insurance sector?

This very recent article should help you.

2008-03-20 17:40:13 by nazzz

I have been accepted in London Metroplitian Univeristy for Insurance, Investment and banking and finance degree?

I have no idea which one to go for ?

what are you going to do after you obtain the degree?
perhaps the banking and finance one.

2008-05-11 04:15:32 by fezi

What are some other potential fields except financing, banking and insurance, where I can get a job after achieving my BBA in accounting?

U.S. Department of Labor Bureau of Labor Statistics
Occupational Outlook Handbook

Accountants and Auditors

Specific job duties vary widely among the four major fields of accounting: public, management, and government accounting and internal auditing.

Public accountants perform a broad range of accounting, auditing, tax, and consulting activities for their clients, which may be corporations, governments, nonprofit organizations, or individuals. For example, some public accountants concentrate on tax matters, such as advising companies about the tax advantages and disadvantages of certain business decisions and preparing individual income tax returns. Others offer advice in areas such as compensation or employee health care benefits, the design of accounting and data-processing systems, and the selection of controls to safeguard assets. Still others audit clients’ financial statements and inform investors and authorities that the statements have been correctly prepared and reported. Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms.

Some public accountants specialize in forensic accounting—investigating and interpreting white-collar crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions, including money laundering by organized criminals. Forensic accountants combine their knowledge of accounting and finance with law and investigative techniques in order to determine whether an activity is illegal. Many forensic accountants work closely with law enforcement personnel and lawyers during investigations and often appear as expert witnesses during trials.

In response to recent accounting scandals, new Federal legislation restricts the nonauditing services that public accountants can provide to clients. If an accounting firm audits a client’s financial statements, that same firm cannot provide advice on human resources, technology, investment banking, or legal matters, although accountants may still advise on tax issues, such as establishing a tax shelter. Accountants may still advise other clients in these areas or may provide advice within their own firm.

Management accountants—also called cost, managerial, industrial, corporate, or private accountants—record and analyze the financial information of the companies for which they work. Among their other responsibilities are budgeting, performance evaluation, cost management, and asset management. Usually, management accountants are part of executive teams involved in strategic planning or the development of new products. They analyze and interpret the financial information that corporate executives need in order to make sound business decisions. They also prepare financial reports for other groups, including stockholders, creditors, regulatory agencies, and tax authorities. Within accounting departments, management accountants may work in various areas, including financial analysis, planning and budgeting, and cost accounting.

Government accountants and auditors work in the public sector, maintaining and examining the records of government agencies and auditing private businesses and individuals whose activities are subject to government regulations or taxation. Accountants employed by Federal, State, and local governments guarantee that revenues are received and expenditures are made in accordance with laws and regulations. Those employed by the Federal Government may work as Internal Revenue Service agents or in financial management, financial institution examination, or budget analysis and administration.

Internal auditors verify the accuracy of their organization’s internal records and check for mismanagement, waste, or fraud. Internal auditing is an increasingly important area of accounting and auditing. Internal auditors examine and evaluate their firms’ financial and information systems, management procedures, and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste. They also review company operations, evaluating their efficiency, effectiveness, and compliance with corporate policies and procedures, laws, and government regulations. There are many types of highly specialized auditors, such as electronic data-processing, environmental, engineering, legal, insurance premium, bank, and health care auditors. As computer systems make information timelier, internal auditors help managers to base their decisions on actual data, rather than personal observation. Internal auditors also may recommend controls for their organization’s computer system, to ensure the reliability of the system and the integrity of the data.

2007-04-01 17:43:06 by Legend