...REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders of Apollo Shoes, Inc. We have audited the accompanying balance sheets of Apollo Shoes, Inc., as of December 31, 2006 and 2005, and related statements for each of the years in the two-year period ended December 31, 2005. We have also audited management’s assessment including the Management’s Report on Internal Control over Financial Reporting, maintained by Apollo over the Financial reporting as of December 31, 2006, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. The management of Apollo shoes is responsible for maintaining effecting internal control over financial reporting, its assessment of internal controls and for the financial statement. The responsibility of our firm is to express an opinion on the financial statements, an opinion on management’s assessment, and an opinion on the effectiveness of Apollo Shoe’s, Inc. internal controls over financial reporting based on our audit. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB). These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement and whether there are effective internal controls in place over financial reporting. The audit of the financial statements...
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...Data Analysis and Interpretation: In this report we have focused on the public sector banks i.e. the nationalized banks and SBI and its associates. We have collated the data for these two groups of banks and used them as one. We can consider multiple output and input measures, which are in particular applicable to the Indian Banking industry. However for this case we have considered output as deposits and inputs as capital and labour costs. Following this approach, we have defined output as the rupee value of total deposits at the end of the year. We have measured labour by the number of employees which comprises of all the employees viz., officers and other employees i.e., clerks and sub staff. Capital input is a crucial input in the production process and it is the most complex of all the inputs to measure and has been taken as the value of the net fixed assets of the banks. We already have the formula for Cobb-Douglas production function: F (K, L) = A.Kα.Lβ Here K represents capital, L represents labour and A, α, β are Positive constants. In order to calculate the value of A, α, β we need to convert this equation into a linear one. Taking the natural logarithm of both the sides we get, logeF = logeA + α logeK+ β logeL Where logeF = Y, logeA = C, logeK = x1, logeL = x2, α= A, β= B Now we plot the multiple regression line for the variables F, K and L through the data obtained for the public sector banks over the range of years , and we obtain the values for the...
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...ggrgegregrgregrg fefe A report or account is any informational work (usually of writing, speech, television, or film) made with the specific intention of relaying information or recounting certain events in a widely presentable form. Written reports are documents which present focused, salient content to a specific audience. Reports are often used to display the result of an experiment, investigation, or inquiry. The audience may be public or private, an individual or the public in general. Reports are used in government, business, education, science, and other fields. Reports use features such as graphics, images, voice, or specialized vocabulary in order to persuade that specific audience to undertake an action. One of the most common formats for presenting reports is IMRAD: Introduction, Methods, Results and Discussion. This structure is standard for the genre because it mirrors the traditional publication of scientific research and summons the ethos and credibility of that discipline. Reports are not required to follow this pattern, and may use alternative patterns like the problem-solution format. Additional elements often used to persuade readers include: headings to indicate topics, to more complex formats including charts, tables, figures, pictures, tables of contents, abstracts,and nouns summaries, appendices, footnotes, hyperlinks, and references. Some examples of reports are: scientific reports, recommendation reports, white papers, annual reports, auditor's reports, workplace...
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...posted a manifesto on his social network page and on February 3, 2013 it all began! His first 2 victims had been shot and killed and there were more deaths to follow. Dorner was after any and all law enforcement and anyone involved with them and LAPD had no idea what else was in store. The manhunt lasted for a little over a week and authorities had no idea where he was or what his next move could have been. Somehow, they caught up with him finally and it all ended with a cabin on fire and Dorner allegedly dead. ABC 7 was not subjective, they reported the information they had, and the reporters did not seem to make subjective comments in the first report. Some information I found odd to be reported was the preschool Dorner attended. Has the reports continued, it started to seem like all the stations were being subjective in their reports. Fox 11 news was the most subjective; the reporters shared how terrible they thought the events were and hoped for Dorner’s capture. In both stations the information that was omitted or never spoken of in detail was how good of a person everyone knew Christopher Dorner as. There were people who wanted to share their experiences with him and who have known him for years and never thought of him as a killer, but apparently none of that mattered at this point. NBC 4 was the most objective, there were no opinions, and they reported the information they had. All news stations seemed to omit any good information on the suspect, but at that point they were...
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...posted a manifesto on his social network page and on February 3, 2013 it all began! His first 2 victims had been shot and killed and there were more deaths to follow. Dorner was after any and all law enforcement and anyone involved with them and LAPD had no idea what else was in store. The manhunt lasted for a little over a week and authorities had no idea where he was or what his next move could have been. Somehow, they caught up with him finally and it all ended with a cabin on fire and Dorner allegedly dead. ABC 7 was not subjective, they reported the information they had, and the reporters did not seem to make subjective comments in the first report. Some information I found odd to be reported was the preschool Dorner attended. Has the reports continued, it started to seem like all the stations were being subjective in their reports. Fox 11 news was the most subjective; the reporters shared how terrible they thought the events were and hoped for Dorner’s capture. In both stations the information that was omitted or never spoken of in detail was how good of a person everyone knew Christopher Dorner as. There were people who wanted to share their experiences with him and who have known him for years and never thought of him as a killer, but apparently none of that mattered at this point. NBC 4 was the most objective, there were no opinions, and they reported the information they had. All news stations seemed to omit any good information on the suspect, but at that point they were...
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................................... P. 6 Reliability .................................................................................................... P. 7 Clarity ......................................................................................................... P. 8 Conclusion .................................................................................................... P. 9 Bibliography .............................................................................................. P. 10 Introduction Global Reporting Initiative (GRI) is provides the globally applicable guidelines to business organization that voluntary use to design and ensure the quality of their sustainability reports. GRI framework is helping the organization to measure and report the sustainability report’s three aspects that includes economics, environmental and social performance. This framework can be used in any size, industry or location. (G3 guideline, p2) Bel Group is a global brand which supplies different type of cheese and provide food service. Headquarters of Bel Group is in France. It provides their product to...
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...The Information System Incident Response Team has been created to provide direction and oversight of all activities directly related to intrusion of information technology equipment, telecommunication services, software network availability of the Healthcare IT infrastructure. The purpose of this policy is to establish a protocol to guide a response to a computer incident or event impacting Healthcare computer equipment, data or networks. This policy applies to employees, contractors, consultants, temporary employees, and other workers at Healthcare, including all personnel affiliated with third parties. It applies to all equipment that is owned or leased by Healthcare. Incident Reporting All computer security incidents, including suspicious events, shall be reported immediately either orally or via e-mail to the department IT manager and/or department supervisor by the employee who witnessed or identified the breach. Escalation The department IT manager and/or department supervisor needs to determine the criticality of the incident. The department IT manager and/or department supervisor will refer to their IT emergency contact list for both management personnel and incident response members to be contacted. If the incident is something that will have serious impact, the Chief Information Officer of Healthcare will be notified and briefed on the incident. The Information Security Incident Team Manager will log all communications including: a) The name of the...
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...Crime Victim Studies: Arnecia Anderson Unit 1 Main Db. Participants of the clergy currently are vital to report child abuse in 27 States and Guam (Mandatory Reporters of Child Abuse and Neglect, 2012). In different lines of work it is more vital than other job professions. People who are in the line of working as social workers, childcare providers ,and teachers are more involved with children on a day to day basic so they are essential to report assumed child abuse. The media can service growth in quantities by states that include clergy in this group by stressing cases of child abuse in their place of residence. The option of the public holds a lot of power by informing politicians and lawmakers of what the issues are in the community. With people speaking out and offering solutions lawmaker knows what options they have and how the residents would be pleased with these solutions. In Indiana it is very important that child abuse should be reported. In Indiana mandatory reporting has existed for 15 years and if not reported the person can face jail time. If mandatory reporting does not exist, it still should be that any adult that is around and notice this type of thing should report to save the child. References: http://www.in.gov/legislative/ic/code/title31/ar33/ch5.html https://www.childwelfare.gov/systemwide/laws_policies/statutes/clergymandated.cfm Mandatory Reporters of Child Abuse and Neglect, 2012. Child Welfare Information Gateway. Retrieved from:...
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...for accountability by the public has influenced reporting for not-for-profit and government entities. First, it must be understood on where the money is coming in from to these types of entities. The not-for –profit sector receives money from the government, pledges, contributions and donations. The government receives money from taxpaying citizens and may be financed through bills or laws passed through Congress and the Senate. In order to maintain integrity with these entities, the people that the money comes from need to know where their hard -earned money is going. There have been at least two boards set up: the Governmental Accounting Standards board and the Financial Accounting Stand Board. These boards have installed several statements of standards that tell what type of items needs to be reported. They also set the standard on how to report these financial statements. These recommendations have come down from audiences such as the one reading this memorandum, the nonfinancial audience. The boards mentioned above are reviewing audit reports that receive federal grants and donations. This is to make sure independent audit firms are in compliance with all regulations. Another thing that has come down from the nonfinancial audience is the change in the reports has made it easier and simpler to understand for people that have a complete grasp on numbers. Each person that reads a financial report will be able to easily understand...
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...October 21, 2014 DRAFT NOTE FOR CABINET ADMINISTRATIVE REPORTS FOR THE TRINIDAD AND TOBAGO POSTAL CORPORATION (TTPost) FOR THE PERIOD 2009-2012 The matter for the consideration of Cabinet is the Trinidad and Tobago Postal Corporation (TTPost) Administrative Reports for the period 2009-2012. 2. Section 66A (1) of the Constitution of the Republic of Trinidad and Tobago provides for the appointment of Joint Select Committees to, “inquire into and report to both Houses of Parliament in respect of- (A) Government Ministries, (B) Municipal Corporations, (C) Statutory Authorities, (D) Enterprises owned and controlled by or on behalf of the State or which received funding from the state of more than two-thirds of its total income in any one year and (E) Service Commissions, in relation to their administration, the manner of the exercise of their power, their methods of functioning and any criteria adopted by them in the exercise of their powers and functions.” 3. Further, informed that Section 66D of the Constitution of the Republic of Trinidad and Tobago stipulates that, ‘ a Body listed at (A) to (D) in 66A (1) (a) shall submit to the President before 1st July, in each year, a report on the exercise of its functions and powers in the previous year, describing the procedures followed and any criteria adopted by it in connection therewith, and the President shall cause the report to be laid within sixty days thereafter in each House.” ...
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...the next section. Question I: This question is about financial expenditures. (Staff FTEs are reported in Question II.) 1. Salaries In this row, include the cost of salaries, even if these are paid for centrally. Allocate salary costs by functions described below. So, the salary of a single employee may be spread over multiple functions. The salaries by function should correspond to the FTEs by function in Question II. Report the salary costs (exclusive of employment benefits, which go on row 2) of full-time, part-time, and Temporary exempt employees. EXCLUDE salaries of presidents and heads of academic units. Do NOT report all support staff under Advancement Management/Advancement Services. 2. Benefits Report the share of benefits paid by the institution for the salaries and wages reported on row 1. These benefits usually include social security; medical, disability, and life insurance; and retirement plan contributions. Professional staff benefits may also include car allowances, housing subsidies, memberships, and other perquisites. Report these even if they are paid for centrally. 3. Current Operations Expenditures (Exclusive of Salaries and Benefits) Expenditures to be included: • • • • • • postage and delivery services; telephone and personal communication devices (Blackberries,...
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...SUMMER SCHOOL 2015 BUSINESS REPORT Content Executive summary Introduction Background and achievement Recent trends and approach taken by South Africa Analysis of implication and impediments of <IR> and a position statement Executive Summary The purpose of this report is to provide a concise background on the objective and technical development of Integrated Reporting and key achievement to date, a summary of recent trends in adoption of Integrated Reporting which including the approach taken by South Africa, an analysis of any implications and impediments of Integrated Reporting and a positon statement of how these might affect adoption in Australia. Introduction Integrated Reporting is a process in which the value creation of a periodic integrated thinking, in a periodic report, is created by the value creation of the periodic report of the value creation (Adams & Simnett, 2011). The organization uses the integrated report to convey a clear, concise, and complete story, stating that all of their resources are of value creation. Integrated Reporting is to help companies carefully consider their strategies and plans to make informed decisions and management of key risks, to establish the confidence of investors and stakeholders and improve future performance (INTEGRATED REPORTING<IR>, 2015). This is a diverse alliance, including the evolution of business leaders and investors to promote the global business report. Background and achievement ...
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...Corporate Social Responsibility, Course 2016 FE1 EDHEC Nice Tutorial 3 BP, Deepwater and Sustainability Reporting The Deepwater Horizon oil rig fire and explosion on April 20, 2010, killed 11 men and caused one of the largest marine oil spills in history. The leak from the undersea well flowed for 87 days and polluted an estimated 68,000 square miles of the Gulf of Mexico waters and nearly 500 miles of coastline from Louisiana to Florida. At the moment of the accident BP was the leaseholder and operator of the Maconda well located off the coast of Louisiana. The company was ultimately responsible for conducting operations there safely and in respect of the environment. BP hired Transocean Ltd (the owner of the drilling rig Deepwater Horizon) to provide the vessel and drilling crew to implement BP’s operations of the Maconda well. 1 Investigations established that bad management on the Deepwater Horizon resulted in poor safety on the rig. The US chemical safety board concludes that a last-ditch safety device on the underwater well had multiple failures and wasn't tested properly. It found that the cause of the initial explosion involved multiple screw-ups with cement, drilling mud, fluid pressure, botched tests, management problems and poor decisions. The blowout preventer sealed the well temporarily, but then it failed and that caused the massive spill. 1 For a description of BP’s implication in the Deepwater Horizon accident you can also read Cherry...
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...(including revenues and expenses relating to transactions with other components of the same public entity). 2. b. Its operating results are regularly reviewed by the public entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. 3. c. Its discrete financial information is available For SEC reporting purposes we find guidance from ASC 280-10-50-11 regarding aggregation criteria as well as 280-10-50-12 which sets forth the qualitative thresholds. The nature of the entire business in which the company operates in is very similar from the type of customer they serve to the service they deliver everything is very standardized. So after careful analysis I have determined that the aggregation criterion is met. The threshold requirements have been met by certain operations in the company; upon analysis of the information provided it was determined that Big Islands Georgia, Big Islands North Carolina, Big Islands Washington, Still Water Thrills Orlando, Island Adventure Cove, and Still Water Thrills Charlotte all exceed the quantitative threshold of ten percent of total profits and must be reported separately from the remaining parks. As for the other parks that do not exceed the quantitative threshold of ten percent they can be aggregated to meet the quantitative threshold. To conclude the Big Islands must report separately any segment that exceeds ten percent of revenues for the entire company, any park...
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...almost 7,000 public companies found that some 75 percent said they operated in only one industry segment during the 1985—1991 time frame [ (Reason, 2001) ]. Because many companies were not providing expected segment information, the FASB replaced FASB 14 with FASB131. Under FASB 131, segments are defined from a management perspective--how management organizes segments within the enterprise for making decisions and assessing performance [ (Albrecht & Chipalkatti, 1998) ]. Under FASB 131, the management approach to segment reporting requires that segment information must be consistent with a firm’s management or organizational approach. FASB 131 was established to help the SEC see how companies are managed through the eyes of the company management. This means that companies had to start reporting the same information that they use internally for evaluating segment performance and that is used in deciding how to allocate resources to segments [ (Alfonso, Hollie, & Yu, 2010) ]. FASB 131 establishes standards for the way that public business enterprises report information about operating segments in annual financial statements and requires that those enterprises report selected information about operating segments in interim financial reports issued to shareholders. It also establishes standards for related disclosures about products and services, geographic areas, and major customers. It requires that a public business enterprise report financial and...
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