Search Our Essay Database

Essay Instructions: Assignment 1: Complexities of the U.S. Financial System

Due Week 4 and worth 200 points

The U.S. financial system has many complexities and it is impacted by several environmental factors, including federal regulations and the economy.

Write a 3 page paper in which you include all of the following:

Describe how the U.S. financial markets impact the economy, businesses, and individuals.
Explain the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in today’s economic environment. Provide support for rationale.
Explain how interest rates influence the U.S. and global financial environment. Provide support for explanation.
Describe how exchange rates may impact a business’s decision to operate in foreign markets.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Discuss the key concepts related to money, monetary systems, and money supply.
Describe the function of the Federal Reserve, its composition, and other key policy makers that influence the financial system.
Explain the international monetary system, exchange rates, and the related impact on international trade.
Use technology and information resources to research issues in finance.
Write clearly and concisely about finance using proper writing mechanics.

Essay Instructions: The Kuali Foundation is a very interesting cooperative venture developing financial information systems in the academic sector. As they describe themselves (http://www.kuali.org/)

The Kuali Foundation is a non-profit organization responsible for sustaining and evolving a comprehensive suite of administrative software that meets the needs of all Carnegie Class institutions. Its members are colleges, universities, commercial firms and interested organizations that share a common vision of open, modular, and distributed systems for their software requirements. The goal of Kuali is to bring the proven functionality of legacy applications to the ease and universality of online services.

Basically, Kuali is a suite of open source software based financial management applications, applied to the particular needs of colleges and universities. The software is freely available, but support requires participation in the community. Not an unreasonable request, and it does allow for the process of learning how to implement a system and for working out the various sociotechnical adjustments that could be to be made in transitioning to a Kuali based system in any university.

Kathleen T. McNeely and Mary S. Wheeler. A Flexible Financial System. NACUBO
(http://www.nacubo.org/Business_Officer_Magazine/Magazine_Archives/February_2006/A_Flexible_Financial_System.html)

University of Arizona's implementation:

Overview of the system
(http://confluence.arizona.edu/confluence/display/KUALI/What+is+Kuali+Enterprise+Workflow)

Implementation.
(http://www.rsmart.com/kuali/university-arizona-implementation-innovation)

Re-evaluation.
(http://mosaic.arizona.edu/kuali_financial_system)

You will probably also want to review the Wikipedia article on Organizational Dimensions of Information described in the introduction to this module.
(

The background information has further material on flows of financial data and associated decision making. In addition, you may wish to seek out further information through your own research. When you have reviewed the advice and the plans, please prepare a short (2-3 page) paper discussing:

Horizontal Flow, Inward-Outward Flow, Vertical Information flow, and Downward Information Flow of financial data in the Kuali system

Please carefully explain (in general) the kinds of data involved, who's doing what to them, and what effects they have, with reference to the appropriate financial and other information. You aren't expected to be comprehensive, just to trace out one or two specific illustrations of each type of flow in terms of a typical organizational chart or using the Kuali Foundation as an example.

Essay Instructions: Assignment 1: Complexities of the U.S. Financial System

Due Week 4 and worth 200 points
The U.S. financial system has many complexities and it is impacted by several environmental factors, including federal regulations and the economy.

Write a two to three (2-3) page paper in which you:

Describe how the U.S. financial markets impact the economy, businesses, and individuals.
Explain the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in today?s economic environment. Provide support for rationale.
Explain how interest rates influence the U.S. and global financial environment. Provide support for explanation.
Describe how exchange rates may impact a business?s decision to operate in foreign markets.

Essay Instructions: The U.S. financial system has many complexities and it is impacted by several environmental factors, including federal regulations and the economy.

-Describe how the U.S. financial markets impact the economy, businesses, and individuals.

-Explain the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in today?s economic environment. Provide support for rationale.

-Explain how interest rates influence the U.S. and global financial environment. Provide support for explanation.

-Describe how exchange rates may impact a business?s decision to operate in foreign markets.


Your assignment must follow these formatting requirements:


-Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format.

-Include a cover page containing the title of the assignment, the student?s name, the professor?s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.


The specific course learning outcomes associated with this assignment are:


-Discuss the key concepts related to money, monetary systems, and money supply.

-Describe the function of the Federal Reserve, its composition, and other key policy makers that influence the financial system.

-Explain the international monetary system, exchange rates, and the related impact on international trade.

-Use technology and information resources to research issues in finance.

-Write clearly and concisely about finance using proper writing mechanics.