Alexander Allan Shand
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Alexander Allan Shand
Alexander Allan Shand (11 February 1844 - 12 April 1930) was a British banker most known for his work in the development of accountacy and early proposal of a central bank in the Japanese banking system during the meiji period. Early life Shand was born in the Scottish town of Turriff to James Shand the surgeon, and Margaret Allan. Shand began work first in a Scottish bank in 1859, moving onto London to the Chartered Mercantile Bank of India, London and China, which obliged him to move to Hong Kong in 1863. Career Japanese ministry of finance In 1864 he was promoted to a managerial position and moved again to Yokohama where he also hired Takahashi Korekiyo as an assistant. In August 1872 he was given a position as an Oyatoi in the Japanese Ministry of Finance as a financial advisor, which aspects such as Double-entry bookkeeping were incorporated into the 1872 National Bank Act, which became important later on for Japanese commercial and industrial operations. Here his work Gin ...
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Alexander Allan Shand
Alexander Allan Shand (11 February 1844 - 12 April 1930) was a British banker most known for his work in the development of accountacy and early proposal of a central bank in the Japanese banking system during the meiji period. Early life Shand was born in the Scottish town of Turriff to James Shand the surgeon, and Margaret Allan. Shand began work first in a Scottish bank in 1859, moving onto London to the Chartered Mercantile Bank of India, London and China, which obliged him to move to Hong Kong in 1863. Career Japanese ministry of finance In 1864 he was promoted to a managerial position and moved again to Yokohama where he also hired Takahashi Korekiyo as an assistant. In August 1872 he was given a position as an Oyatoi in the Japanese Ministry of Finance as a financial advisor, which aspects such as Double-entry bookkeeping were incorporated into the 1872 National Bank Act, which became important later on for Japanese commercial and industrial operations. Here his work Gin ...
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Mizuho Bank
is the integrated retail and corporate banking unit of Mizuho Financial Group (; ), the third largest financial services company in Japan, with total assets of approximately $1.8 trillion in 2017. Mizuho is one of the three so-called Japanese "megabanks" (along with MUFG and SMBC). Mizuho Bank provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Its headquarters office building is located in the Otemachi district of Chiyoda, Tokyo. Mizuho Bank has over 505 branches and offices in Japan and in 38 other countries, and is the only bank to have branches in every prefecture in Japan. The name “Mizuho” is an archaic Japanese term meaning “golden ears of rice,” and was used in the classical text '' Nihon Shoki'' to describe Japan. History Announced in 1999, Mizuho Financial Group was established on April 1, 2002 by the merger of ...
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1923 Great Kantō Earthquake
The struck the Kantō Plain on the main Japanese island of Honshū at 11:58:44 JST (02:58:44 UTC) on Saturday, September 1, 1923. Varied accounts indicate the duration of the earthquake was between four and ten minutes. Extensive firestorms and even a fire whirl added to the death toll. Civil unrest after the disaster (i.e., the Kantō Massacre) has been documented. The earthquake had a magnitude of 7.9 on the moment magnitude scale (), with its focus deep beneath Izu Ōshima Island in Sagami Bay. The cause was a rupture of part of the convergent boundary where the Philippine Sea Plate is subducting beneath the Okhotsk Plate along the line of the Sagami Trough. Since 1960, September 1 has been designated by the Japanese government as , or a day in remembrance of and to prepare for major natural disasters including tsunami and typhoons. Drills, as well as knowledge promotion events, are centered around that date as well as awards ceremonies for people of merit. Earthquake T ...
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Order Of The Sacred Treasure
The is a Japanese order, established on 4 January 1888 by Emperor Meiji as the Order of Meiji. Originally awarded in eight classes (from 8th to 1st, in ascending order of importance), since 2003 it has been awarded in six classes, the lowest two medals being abolished that year. Originally a male-only decoration, the order has been made available to women since 1919. The Order of the Sacred Treasure, which had 8 ranks until 2003, was awarded as a slightly lower rank than the Order of the Rising Sun for men and the Order of the Precious Crown for women. For example, the 1st class of the Order of the Sacred Treasure has been treated as between the 1st class and the 2nd class of the Order of the Rising Sun and the Order of the Precious Crown, and the 2nd class of the Order of the Sacred Treasure has been treated as between the 2nd class and the 3rd class of the Order of the Rising Sun and the Order of the Precious Crown.
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Dysentery
Dysentery (UK pronunciation: , US: ), historically known as the bloody flux, is a type of gastroenteritis that results in bloody diarrhea. Other symptoms may include fever, abdominal pain, and a feeling of incomplete defecation. Complications may include dehydration. The cause of dysentery is usually the bacteria from genus ''Shigella'', in which case it is known as shigellosis, or the amoeba ''Entamoeba histolytica''; then it is called amoebiasis. Other causes may include certain chemicals, other bacteria, other protozoa, or parasitic worms. It may spread between people. Risk factors include contamination of food and water with feces due to poor sanitation. The underlying mechanism involves inflammation of the intestine, especially of the colon. Efforts to prevent dysentery include hand washing and food safety measures while traveling in areas of high risk. While the condition generally resolves on its own within a week, drinking sufficient fluids such as oral rehydration s ...
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Hakone
is a town in Kanagawa Prefecture, Japan. , the town had a population of 11,293 and a population density of 122 persons per km². The total area of the town is . The town is a popular tourist destination due to its many hot springs and views of Mount Fuji. Geography Hakone is located in the mountains in the far west of the prefecture, on the eastern side of Hakone Pass. Most of the town is within the borders of the volcanically active Fuji-Hakone-Izu National Park, centered on Lake Ashi. Surrounding municipalities Kanagawa Prefecture *Odawara *Yugawara * Minami-ashigara Shizuoka Prefecture' *Gotemba * Susono *Mishima * Oyama *Kannami Climate Hakone has a Humid subtropical climate (Köppen ''Cfa'') characterized by warm summers and cool winters with light to no snowfall. The average annual temperature in Hakone is 13.3 °C. The average annual rainfall is 2221 mm with September as the wettest month. The temperatures are highest on average in August, at around 24.0  ...
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Jacob Schiff
Jacob (; ; ar, يَعْقُوب, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel, is regarded as a patriarch of the Israelites and is an important figure in Abrahamic religions, such as Judaism, Christianity, and Islam. Jacob first appears in the Book of Genesis, where he is described as the son of Isaac and Rebecca, and the grandson of Abraham, Sarah, and Bethuel. According to the biblical account, he was the second-born of Isaac's children, the elder being Jacob's fraternal twin brother, Esau. Jacob is said to have bought Esau's birthright and, with his mother's help, deceived his aging father to bless him instead of Esau. Later in the narrative, following a severe drought in his homeland of Canaan, Jacob and his descendants, with the help of his son Joseph (who had become a confidant of the pharaoh), moved to Egypt where Jacob died at the age of 147. He is supposed to have been buried in the Cave of Machpelah. Jacob had twelve sons through four women, his ...
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Yokohama Specie Bank
was a Japanese bank founded in Yokohama, Japan in the year 1880. Its assets were transferred to The Bank of Tokyo (now MUFG Bank) in 1946. The bank played a significant role in Japanese overseas trade, especially with China. The original bank building is now the Kanagawa Prefectural Museum of Cultural History. Background Following the signing of the Treaty of Amity and Commerce in 1859, Yokohama was opened as a port for foreign trade and quickly grew in importance. Through the New Currency Act of 1871, Japan adopted the gold standard along international lines, with 1 yen corresponding to 1.5g of pure gold. Silver coins were also issued for trade with Asian countries who favoured silver as a currency, thus establishing a de facto gold-silver standard.Japan Currency Museum (日本貨幣博物館) permanent exhibit However, inflation caused by the 1877 Satsuma Rebellion and the outflow of a large amount of silver due to increased imports, a large discrepancy arose between gov ...
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Russo-Japanese War
The Russo-Japanese War ( ja, 日露戦争, Nichiro sensō, Japanese-Russian War; russian: Ру́сско-япóнская войнá, Rússko-yapónskaya voyná) was fought between the Empire of Japan and the Russian Empire during 1904 and 1905 over rival imperial ambitions in Manchuria and the Korean Empire. The major theatres of military operations were located in Liaodong Peninsula and Mukden in Southern Manchuria, and the Yellow Sea and the Sea of Japan. Russia sought a warm-water port on the Pacific Ocean both for its navy and for maritime trade. Vladivostok remained ice-free and operational only during the summer; Port Arthur, a naval base in Liaodong Province leased to Russia by the Qing dynasty of China from 1897, was operational year round. Russia had pursued an expansionist policy east of the Urals, in Siberia and the Far East, since the reign of Ivan the Terrible in the 16th century. Since the end of the First Sino-Japanese War in 1895, Japan had feared Russian en ...
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Kido Takayoshi
, also known as , was a Japanese statesman, samurai and '' shishi'' who is considered one of the three great nobles who led the Meiji Restoration. Early life Born Wada Kogorō in Hagi, Chōshū Domain (present-day Yamaguchi Prefecture) as the son of a samurai physician and his second wife . In 1840, due to his brother-in-law already being the head of the Wada family, he was later adopted into the Katsura family at age seven and was known as . The Katsura family's stipend was originally 150 ''koku'', but due to the late nature of his adoption which took place as his adoptive father was already on his deathbed, who died ten days later, it was reduced to 90 ''koku''. Katsura Kogorō thus became the head of the Katsura family. A year later in 1841, his adoptive mother also died, months later he was returned to his old home. In 1848, he lost his mother and elder half-sister Yaeko to illnesses. Katsura was educated at Meirinkan, in which he later became increasingly unhappy wi ...
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Bank Of Japan
The is the central bank of Japan.Louis Frédéric, Nussbaum, Louis Frédéric. (2005). "Nihon Ginkō" in The bank is often called for short. It has its headquarters in Chūō, Tokyo, Chūō, Tokyo. History Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, ''Scrip of Edo period Japan, hansatsu'', in an array of incompatible denominations, but the ''New Currency Act'' of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former Han (Japan), han (fiefs) became Prefectures of Japan, prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded ...
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Financial Audit
A financial audit is conducted to provide an opinion whether "financial statements" (the information is verified to the extent of reasonable assurance granted) are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared using the cash basis or some other basis of accounting appropriate for the organization. In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements.Arens, Elder, Beasley; Auditing and Assurance Services; 14th Edition; Prentice Hall; 2012 Overview The audit opinion is intended to provide reasonable assurance, but not absolute assurance, that the financial statements are presented fairly, in all material respects, and/or give a true and fair view in accordance with the financial re ...
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