...1.0 INTRODUCTION Every company has to do the auditing of its financial statements in every end of year in order to analyse the securities of the companies. In doing these analysis, the auditors can see whether the company is succeeding, either making profit or the other way around. The auditors can reveal many problem issues concerning the company’s financial statements and hence to clear these problems. In the case of Flat Cargo Berhad (FCB), the auditors have found some inconsistencies in the accounts of FCB. FCB is an air cargo company, which was listed in Bursa Malaysia on 15th September 2001. It was known to be one of the largest airfreight companies in Malaysia. The company was registered as an investment holding company with several subsidiaries, for which their principal activities ranging from air freight services to ground handling services. FCB was the only dedicated Intra-Asian overnight express cargo operator based in Malaysia and had exclusive excess to an international cargo complex at Sultan Abdul Aziz Shah Airport in Subang. Furthermore, as it has successfully secured the landing rights in Asia Pacific regions, FCB was in ideal niche position to serve the international integrators, freight forwarders, and major airlines within Asian region. In 2006, Mr. Chuah, an auditor from Kencana & Associates had noticed some irregularities of accounting records in FCB, which may possibly be another fraud case after Media Com and Blue Vital. These irregularities could...
Words: 1834 - Pages: 8
...Journal of Information Technology (2014), 1–4 palgrave-journals.com/jit/ © 2014 JIT Palgrave Macmillan All rights reserved 0268-3962/14 Commentary Is theory king?: a rejoinder David Avison, Julien Malaurent ESSEC Business School, Paris, France Correspondence: D Avison ESSEC Business School, Cergy-Pontoise, 95021 France. E-mail: avison@essec.fr Abstract In this rejoinder we discuss six commentaries to our earlier debates and perspectives paper `Is theory king?: questioning the theory fetish in information systems’. We argue again for theory light rather than theory free papers, we discuss the potential scope of theories in information systems, we reflect on our terminology and exemplar paper, and we discuss the relevance of our arguments on quantitative research before looking at potential further opportunities to debate this important issue for information systems. Journal of Information Technology advance online publication, 7 October 2014; doi:10.1057/jit.2014.24 Keywords: Theory; theory light; qualitative research; journals W Introduction e are fortunate indeed to be able to respond to six commentaries on our insights and perspectives article ‘Is theory king?: questioning the theory fetish in information systems’, where we advocated what we called ‘theorylight’ papers. Five of the respondents are leading scholars and researchers in the field of information systems (IS) – Deborah Compeau with Fernando Olivera (associate professor of organizational behaviour)...
Words: 3135 - Pages: 13
...Elegantly simple email marketing. Get started today with Campaign Monitor for FREE! Yes please! <iframe src="//www.googletagmanager.com/ns.html?id=GTM-BLDN" height="0" width="0" style="display:none;visibility:hidden"></iframe> * * LivePlan * MPlans * BPlans * Palo Alto Software Home ------------------------------------------------- Top of Form Search Bottom of Form * Sample Marketing Plans * Marketing Software * Marketing Articles * Marketing Resources * Calculators * Marketing Plan Outline * Restaurant, Cafe and Bakery * Hospitality & Events * Retail & Online Stores * Additional Categories * Sales & Marketing Pro * Business Plan Software * How To Write A Marketing Plan * Product Marketing * Branding * Market Research * Public Relations * Lead Generation * Email Marketing * Marketing Strategy * Marketing eBooks * Marketing Blogs * Break Even Calculator * Cash Flow Calculator * Pay-Per-Click ROI Calculator * Starting Costs Calculator * Email ROI Calculator * Conversion Rate Calculator * Investment Offering Calculator * Discounted Cash Flow Getting ready to create a marketing plan? Start your marketing plan Related Marketing Plans * Organic Bakery Marketing Plan * Restaurant Marketing Plan * Catering Marketing Plan * Food Services Marketing Plan * Internet Coffee Shop Marketing...
Words: 1536 - Pages: 7
...Week 1 Chapter 1: The selection of a research design Three types of design: Quantitative, qualitative and mixed methods. Although it is difficult to separate the first two, often a research study tends to be more quantitative than qualitative or vice versa. Mixed methods is somewhere in the middle, a combination of both qualitative and quantitative methods. In detail: Qualitative research is about exploring and understanding the meaning individuals or groups ascribe to a social or human problem. Quantitative research is a means for testing objective theories, deriving hypotheses from these theories, and examining the relationship among variables. Mixed methods research associates both research design. Often, in qualitative research, the researcher needs to interpret the data (evidence) collected during the research process. The final report may have a flexible structure. With quantitative research, the final report is more or less structured; introduction, literature survey and theory, data description, methods, results and discussion (for future research). These models pretty much cover the available areas to researchers in selecting the type of research design. In each research design, it helps to identify, list and associate the three components of the research design. The first component is the way the research views the problem of interest. This is called under different names, research paradigm, epistemologies (the origin) and ontologies (how you know what you know), etc...
Words: 6507 - Pages: 27
...Language Myths Language Myths: My own LA-reading journal. 1. Myth 2: "Some Languages Are Just Not Good Enough" by Ray Harlow Some people have the idea that some languages are just not good enough. They believe this for several different reasons, it is because the language is not structured in terms of forming words, the language doesn't contain enough compounds and it can't be used as official language in areas such as administration, business communication, international air traffic etc. Sometimes people dislike a certain language because they think it is ugly. I disagree with this myth. I believe that every language is precious to the people who speak the language. Harlow says: ‘Most languages are the first language of some community and serve the everyday functions of that community perfectly well.’ Communication is the most important aspect of a language. If a language serves this purpose it is good enough. 2. Myth 5: "English Spelling Is Kattastroffik" by Edward Carney Edward Carney believes that people shouldn't blame the English spelling system just because there are more speech- sounds than letters in English spelling. It is important to separate sounds and letters in English spelling. After studying Phonetics, spelling and pronunciation became easier for me. I learnt that one speech-sound can have different spelling and that one spelling may stand for different speech-sounds. Sounds very complicated at first, but after a while I started to understand why. This...
Words: 6921 - Pages: 28
...Mauritius Mauritius s a small, multicultural island in the Indian Ocean, is an island nation off the southeast coast of the African continent in the southwest Indian Ocean Currency Main article: Mauritian rupee | | | 1.00 INR | = | 0.549153 MUR | Indian Rupee | ↔ | Mauritian Rupee | 1 INR = 0.549153 MUR | | 1 MUR = 1.82099 INR | The rupee (sign: ₨; ISO 4217 code: MUR) is the currency of Mauritius. Demographics – The population estimate (as of 1 July 2012) for the whole republic is 1,291,456, the female population outnumbered the male population by about 19,430. Language - The Mauritian Constitution makes no mention of an official language and its one million citizens speak mostly Mauritian Creole (a French-based creole), English, French and Bhojpuri. Education The education system in Mauritius is largely based on the British system since Mauritius was a former British colony. The government of Mauritius provides free education to its citizens from pre-primary to tertiary levels. The education system in Mauritius is categorized into 4 main sectors – pre-primary, primary, secondary and tertiary. Economy – Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy. The economy is based on tourism, textiles, sugar, and financial services. In recent years, information and communication technology, seafood, hospitality and property development, healthcare, renewable energy, and education and...
Words: 444 - Pages: 2
...Case Study Bernie Madoff’s Ponzi Scheme: Reliable Returns from a Trustworthy Financial Adviser By Denis Collins Denis Collins is a professor of management in the School of Business at Edgewood College in Madison, Wisconsin. His research interests include business ethics, management, and organizational change. Contact: dcollins@ edgewood.edu A [person] is incapable of comprehending any argument that interferes with his revenue. Rene Descartes Overview This case study is a chronology of the largest Ponzi scheme in history. Bernie Madoff began his brokerage firm in 1960 and grew it into one of the largest on Wall Street. While doing so, he began investing money as a favor to family and friends, though he was not licensed to do so. Over a period of fifty years, these side investments became an investment fund that mushroomed into a $50 billion Ponzi scheme. Bernie1 pled guilty without a trial on March 12, 2009, and was sentenced to 150 years in prison. Thousands of wealthy clients, philanthropic organizations, and middle-class people whose pension funds found their way into Bernie’s investment fund lost their life savings. What to Do? Bernie Madoff, at age 69, owned three very successful financial companies—a brokerage firm, a proprietary trading firm, and an investment advisory firm. On December 10, 2008, the brokerage and proprietary trading firms, managed by his brother and two sons, were performing as well as could be expected in the middle of a deep recession. His investment...
Words: 10275 - Pages: 42
...Cash balance - The cash balance is your cash on hand. This includes what is in your checking accounts, savings accounts, petty cash and any other cash accounts that you might have. • Cash sales - After arriving at a base figure of cash sales, it must be adjusted for any trade or other discounts and for possible returns. As stated previously, the base level of sales (and of accounts receivable) will be determined by the company’s projections, goals and past experience. • Collections of accounts receivable - After a base level of accounts receivable is established (based on sales projections), it must be adjusted to reflect the amount that will actually be paid during the time period. Typical adjustments for a small business might be to assume that 90 percent of accounts receivable will be collected in the quarter in which the sales occur, nine percent will be collected in the following quarter, and one percent will remain uncollectible. Of course, past experience will be the most reliable indicator for making these adjustments. • Other income - Your cash position may be affected positively by income other than sales. Perhaps there are investments, dividends, or a loan that will be introducing cash to the company during the time period. These types of cash sources are referred to as “other income. • Raw materials (inventory) - For small business retailers and manufacturers, the largest cash expense is usually the amount spent for inventory or raw materials...
Words: 308 - Pages: 2
...ABOUT THE AUTHOR FAMILY BACK GROUD AND PROFESSIONAL BACKGROUND Nanda was born on October 10, 1915 in Punjab. He was raised on Manora Island at the entrance to the Port of Karachi. His parents were simple, god fearing people belonging to the Punjab middle class. His father, Mathra Das, came from a village near Gujranwala (today in the Pakistan part of Punjab), about half an hour train jounney from Lahore. His Mother Pooran Devi, came from a nearby village. He was the first-born among their seven children: three boys and four girls. Tharavati, the eldest girl, died young at Manora. Another sister Sita married Onkar Nath Saigal who finally retired from the Western Railway. His brother Gulzari joined the signal branch of the Army and retired as a Lieutenent Colnel and died a bachelor.Yet another sister Shiela, married a Naval Engineering officer, who served to the Indian navy for 35 year and retired as Rear Admiral.Shakunthala or ‘Kunti, his youngest sister also married into the Navy. Her husband Vidya Sagar Laroya,retired in 1989 as a Commadore. From Logistic branch. Kunti died of cancer in 1988. His youngest brother Mohan was a very handsome guy. He wore his Air Force fighter pilot’s uniform, successfully courted and married Pramila. He died tragically in an air crash in Hyderbad on the second anniversary of his marriage. Admiral S.M. Nanda completed primary education at Manora and secondary education at N.J. High school in Karachi. After finishing high school he got a...
Words: 4065 - Pages: 17
...Sidra Fatima 210-A, First Floor, Rafah-e-Aam Society, Malir Halt Karachi. +92-334-3017602 sidrafatima59@gmail.com Seeking a position within a multinational environment, where I can employ all my abilities and education and develop my career and management position. EDUCATIONAL QUALIFICATION ➢ MBA (Marketing) enrolled from Iqra University DHA Main Campus 2014 ➢ B.COM pass with 1ST DIVISION from University of Karachi in 2011 ➢ Pre-medical pass with 2nd DIVISION from Board of Intermediate Education Karachi in 2009 ➢ SSC pass with grade A from Board of Secondary Education in 2007 ACADEMIC CERTIFICATION ➢ Participated in CONFLICT MANAGEMENT WORKSHOP conducted by MR. ABDUL AHAD KHAN, Head of Training and Development, BURQUE CORPORATION, held at Iqra University Main campus. EXPERIENCE ➢ Worked as an assistant accountant in Education Trust Nasra School from Dec, 2012 to June, 2013. ➢ Worked as an assistant accountant in IJK Schooling System Malir Halt. SELECTED SKILLS ➢ GENERAL OFFICE: • Organized and implemented group activities in efficient manner. • Answered phones and took messages accurately. • Prepared reports and created documents using MS word. • Located desired information using internet. ➢ CUSTOMER SERVICES: • Welcomed customers and visitors in a friendly and courteous manner. • Provided customers and clients...
Words: 309 - Pages: 2
...INTRODUCTION ECONOMIC HISTORY SHOWS THAT DEVELOPMENT HAS STARTED EVERYWHERE WITH THE BANKING SYSTEM AND ITS CONTRIBUTION TOWARDS FINANCIAL DEVELOPMENT OF A COUNTRY IS HIGHEST IN THE INITIAL STAGE. MODERN BANKS PLAY AN IMPORTANT PART IN PROMOTING ECONOMIC DEVELOPMENT OF A COUNTRY. BANKS PROVIDE NECESSARY FUNDS FOR EXECUTING VARIOUS PROGRAMMERS UNDERWAY IN THE PROCESS OF ECONOMIC DEVELOPMENT. THEY COLLECT SAVINGS OF LARGE MASSES OF PEOPLE SCATTERED THROUGHOUT THE COUNTRY, WHICH IN THE ABSENCE OF THE BANKS WOULD HAVE REMAINED IDEAL AND UNPRODUCTIVE. THESE SCATTERED AMOUNTS ARE COLLECTED, POOLED TOGETHER AND MADE AVAILABLE TO COMMERCE AND INDUSTRY FOR MEETING THE REQUIREMENTS. ECONOMY OF BANGLADESH IS IN THE GROUP OF WORLD’S MOST UNDERDEVELOPED ECONOMIES. ONE OF THE REASONS MAY BE ITS UNDERDEVELOPED BANKING SYSTEM. GOVERNMENT AS WELL AS DIFFERENT INTERNATIONAL ORGANIZATIONS HAVE ALSO IDENTIFIED THAT UNDERDEVELOPED BANKING SYSTEM CAUSES SOME OBSTACLES TO THE PROCESS OF ECONOMIC DEVELOPMENT. SO THEY HAVE HIGHLY RECOMMENDED FOR REFORMING FINANCIAL SECTOR. SINCE 1990, BANGLADESH GOVERNMENT HAS TAKEN A LOT OF FINANCIAL SECTOR MORE TRANSPARENT, AND FORMULATION AND IMPLEMENTATIONS OF THESE REFORM ACTIVITIES HAS ALSO BEEN PARTICIPATED BY DIFFERENT INTERNATIONAL ORGANIZATIONS LIKE WORLD BANK, IMF, ETC. IN 1996, WORLD BANK PUBLISHED ‘BANGLADESH: AGENDA FOR ACTION’ IN WHICH IT HAS SUGGESTED A LOT OF RECOMMENDATIONS FOR ECONOMIC DEVELOPMENT OF OUR COUNTRY. THESE RECOMMENDATIONS INCLUDE SPECIAL...
Words: 1805 - Pages: 8
...SWOT Analysis for Apple’s new iphones Apple is a very successful producer of computer software and hardware that leads in its competitive industry. To evaluate the progress, success, and faults of the company, the SWOT analysis is used. The SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats to the organization. This model is used to help it identify internal and external areas that need improvement and internal and external areas that prove to be successful. Strengths: Over the years, Apple has grown by offering superior products compared to competitors. Apple has positioned itself to be a pioneer in the personal computer industry. It is one of the original hardware producers in the market that controls both the manufacturing of its products as well as its operating system. Apple is self- sufficient and creates its own internal components for the core of its iphones. Apple has set standards for high quality products in order to meet customer satisfaction. It is dedicated to research and development in order to create new products, which are expected to make Apple’s products more efficient and feasible to use. As a result of the company’s commitment to excellence, most of its products are compact and simple to operate. Apple is known for its loyal consumers who purchase its products for quality, regardless of price. Apple has ascended to a brand of distinction in the computer industry, which yielded a successful...
Words: 975 - Pages: 4
...ACC502: OPERATIONS MANAGEMENT ACCOUNTING ASSIGNMENT 1 TRIMESTER 2, 2013 QUESTION 1 Classify each cost item of Ripon Printers into one of the business functions of the value chain, either: (1) R&D, (2) design, (3) production, (4) marketing, (5) distribution, or (6) customer service. ITEM: a) Cost of customer order form | Marketing | b) Cost of paper used in manufacture of books | Production | c) Cost of paper used in packing cartons to ship books | Distribution | d) Cost of paper used in display at national trade show | Marketing | e) Depreciation of trucks used to transports books to college bookstores | Distribution | f) Cost of the wood used to manufacture paper | Production | g) Salary of the scientists attempting to find another source of printing ink | R&D | h) Cost of defining the book size so that a standard- sized box is filled to capacity | Design | QUESTION 2 List the four standards of ethical conduct for management accountants. For each standard, give an example that demonstrates compliance with that standard. There are four standards of ethical conduct for management accountants, and they are as follows: 1) Competence: - the ability of an individual to do a job properly. For example:- * Follow applicable laws, regulations standards. * Maintain professional competence * Prepare complete and clear reports...
Words: 432 - Pages: 2
...Introduction:TCP has responsibility of providing end-to-end reliable data on non-reliable Internet.This project is based on one powerful performance measurement technique called “Passive measurement”. Passive measurement refers to the processing of measuring network, without infusing any traffic on network.Passive measurements used for monitoring traffic volume but can be used for network performance In contrast, some probe packets are introduced in Active measurement. Active measurement, traffic injected through external sources for end-to-end data transmission, these artificially introduced packets may affect the performance of other applications between network paths..“IP networks supported only a best effort service”. TCP Operation and Performance:TCP was specifically designed to provide a reliable endto-end byte stream over unreliable internetwork and responsible for internet stability.TCP using basic technique as “positive acknowledgement with retransmission. Reliability is basic issue in TCP that is achieved through a strong concept “sliding window”. The major problem with simple positive acknowledgement technique is, excessive amount of network bandwidth consumption. RWIN is very important to calculate “Throughput” of network.Sliding window protocol solves the bandwidth problem by transmitting packets before acknowledgement received. Sliding Window Mechanism and Window Size:The Sliding window performance can be judged through the size of window and the network speed...
Words: 1103 - Pages: 5
...What Is Arbitration? Arbitration is a fast way to get a decision when you are in a dispute. Arbitration is more flexible and less formal than court. Usually, an arbitration can be scheduled faster than a trial. Sometimes, if the parties want, arbitrators can decide things that judges are not allowed to decide. Arbitration is like a trial but less formal. In arbitration, two sides present their evidence to an arbitrator. The arbitrator decides who wins and who loses. An arbitrator does the job that a judge or jury would normally do in court. Why do cases go to arbitration? Who is an arbitrator? What kinds of cases go into arbitration? How does a case end up in mandatory arbitration? What is the cost of mandatory arbitration? How does arbitration work? Can an arbitrator's decision be appealed? Are there rules governing arbitration? Related pages Why do cases go to arbitration? Cases go to arbitration for one of two reasons. * Mandatory: Arbitration is required by law for some court cases. State law requires that some cases filed in state courts go to mandatory arbitration. * Voluntary: Parties may agree to arbitration before or after filing a court case, or may have a contract that requires them to arbitrate disputes. Who is an arbitrator? In mandatory arbitration, an arbitrator can be either a lawyer or a non-lawyer. The parties get to choose the arbitrator. However, if they cannot agree, the court selects an arbitrator. Arbitrators are...
Words: 1488 - Pages: 6