...for every financial statement within the company If something goes wrong with the financial statements, the possibilities of a major disaster can occur because of the unethical practice of accounting. In order to prevent the problem, accountants should use some programs that provide many advantages to keep numbers real and to prevent errors or unethical practices. The company can use methods that could be used are random audits and inspections quarter or semiannually. If the problem is discover on time, the company could be saved, but if the problem persists, the company could end up in bankruptcy or in a big law suit case. Finances are very serious and need to be carefully revised. Everything related to finances need to be done by the book. Accountants are truly held accountable if something goes wrong with numbers, especially if there are inconsistencies with payments or expenses. The worse thing about unethical accounting practice is that can lead to unemployment of many people and usually the consequences are very serious. We all know how Lehman brother’s bankruptcy in 2008 has impacted the economy negatively as a whole. Later on “Lehman brothers were caught using a different name Hudson Castle, a small company to move a number of financial...
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...Animal Farm Written by: George Orwell Report by: ---- Animal Farm is a satirical novella written by George Orwell and was first published by Secker and Warburg and copyrighted 1945 in London. It has 112 pages. The Author George Orwell is an English writer famous for his book Nineteen Eighty-Four and Animal Farm. Born as Eric Arthur Blair, Orwell was a political writer and journalist who became popular for his allegorical approach to totalitarianism and inequality. His work has continued to influenced our culture today with the terms, Orwellian –an adjective that describes an idea or situation deemed as damaging to a open and free society. Summary The novella opens with an introduction to Manor Farm owned by Mr Jones drunkenly making his way to bed. Earlier that day word has been spreading that Old Major; the highly-regarded Middle White boar had a strange dream and wished to communicate it to the other animals. In the dark of night, all the animals from the farm gathered to the Big Barn to listen to Old Major. The neglected animals listen to Old Major talk about a society where animals rule the farm, and no human could take advantage of them. He encourages them to rebel and live equally. He teaches them the song Beasts of England which became their hymn. Not long after the meeting, Old Major dies and the animals prepare themselves for the rebellion. The rebellion, led by the pigs Snowball and Napoleon, started during the night when Mr Jones passes out drunk and...
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...As evidenced by their name, the range of Atlantic Bluefin tuna spans the Atlantic Ocean, concentrating mainly in the North Atlantic. In the 2014-2015 International Commission for the Conservation of Atlantic Tunas (ICCAT) report, it says that the species spawns in two main areas in the Gulf of Mexico and the Mediterranean Sea (Porch and Sylavain 92). The IUCN Red List describes this species as “a pelagic, oceanodromous species, that seasonally can be found close to shore and can tolerate a wide range of temperatures” (Collette et al. 1). According to FishWatch by the National Oceanic and Atmospheric Administration (NOAA), “Atlantic bluefin tuna live near the surface in temperate waters but frequently dive to depths of 500 to 1,000 meters. They are the largest of the tuna species and can reach up to 13 feet and 2,000 pounds. Atlantic bluefin tuna have large, torpedo-shaped bodies that are nearly circular in cross-section” (1). This streamlined shape allows them to...
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...answer would not have been so obvious. In my opinion, the change that has had the greatest impact on this profession is, without doubt, the electronic worksheet. “Visicalc, the first worksheet would take some 20 hours of work per week for an accountant and has now been reduced to 15 minutes, allowing accountants to be more creative”1. When I first used this worksheet back in 1986, I immediately sensed the effect that it would have in my work. In particular, I had that same sensation when another important moment for my practice came about which was the wide-spread use of personal computers - the PCs. At that time, a computer was assigned to me at my job and with it, I was able to perform a series of analyses that complemented the reports issued at that time by an AS 400 from IBM. I even became an expert in Lotus 123 and was given the opportunity to give courses on this program. But this was not only a change at a personal level. Agnes Ann Pepe pointed out that “towards the ending of the twentieth century, the accounting profession began to take on a whole new look. Computers and accounting software has changed the industry completely. With programs such as Microsoft Excel, the accountant is enabled electronic worksheets. With the use of these technologies, the CPA can make statistic analyses, financial forecasts and calculations with great...
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...a. How did Gerbang Furniture go about developing its information systems? Why do you think the company chose this option? What other options were available? 1). It was indicated that gerbang Furniture developed its information systems in house and the reason that they might have done this is to address unique needs that they had. They might not have been able to address these unique needs by using off-the shelf prepackaged systems. Another reason could be that they felt it was more cost effective that they develop the information systems themselves and they had effectively done so up to the present. Perhaps they felt that developing their own system gave them a competitive advantage. The other options that were available to Gerbang Furniture are listed: 1). Outsource by using an information technology firm to develop the system for you 2). Purchase off-the-shelf prepackaged information systems software 3). Use open source software 4). Purchase an Enterprise Resource Planning System with the accompanying needed support for implementation. b. One option available to Gerbang Furniture was an enterprise-wide system. What features does an enterprise-wide system, such as SAP, provide? What is the primary advantage of an enterprise-wide system? An Enterprise-wide system such as a SAP provides the ability to integrate information across the organization. It has business function modules that are tied together that share a common database so that everyone...
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...Organizational Behavior and Work M, W. 3:55 p.m. – 5:15 p.m. Hickman Hall – Room 205 Cook/Douglass Campus Faiza Abbas E-mail: faizaa@eden.rutgers.edu Cell : 401-301-0481 Office: Labor Education Center, Office 156 Office Hours: By appointment ______________________________________________________________ This is a preliminary syllabus and subject to change. COURSE OVERVIEW: Why should we study Organizational Behavior? We will explore the answer to this question throughout this semester. Briefly, the importance of Organizational Behavior lies in the fact that it helps us understand organizations. It is not just important for individuals who are trying to enter the fields of Human Resource Management or Business Administration, it is important for any individual who plans to work in an organization. Organizational behavior increases individual understanding of how people work in organizations, how they interact with the organization and with each other, and as an employee how can they improve individual satisfaction and organizational productivity. In short, Organizational Behavior studies individuals, groups, and organizational structures and how they interact with each other. This being said, it would also be pertinent to add that Organizational Behavior is a very vast subject and it would almost be impossible to cover it extensively in one semester. Therefore, the purpose of this course is to give you a basic understanding of the field and to provide you with basic...
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...patterns of language and presentation when given enough samples, Kocher notes. The third category is inappropriate use of company resources, such as potentially offensive communications involving race. The traditional security methods may restrict sensitive data to legitimate users, but Flynn and Ignatiev found that even legitimate users were putting the data, and their companies, at risk. At BCD Travel, a corporate travel service, nearly 80 percent of its 10,000 employees work in call centers and thus have legitimate access to sensitive customer information. BCD and the Texans did not find malicious activity; instead, they found people who were unaware of security risks, such as sending a customer’s credit card number by e-mail to book a flight or room from a vendor that didn’t have an online reservations system. Fidelity...
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...V O L U M E 1 6 | N U M B E R 4 | FALL 2004 Journal of APPLIED CORPORATE FINANCE A MO RG A N S TA N L E Y P U B L I C AT I O N In This Issue: Disclosure Beyond Financial Reporting—An Integrated Approach to Corporate Disclosure Amy Hutton, Dartmouth College Making Financial Goals and Reporting Policies Serve Corporate Strategy: The Case of Progressive Insurance An Interview with Tom King, Progressive Insurance Identifying and Attracting the “Right” Investors: Evidence on the Behavior of Institutional Investors Brian Bushee, University of Pennsylvania Roundtable on Corporate Disclosure Panelists: John Graham, Duke University; Trevor Harris, Morgan Stanley; Amy Hutton, Dartmouth College; Charles Kantor, Neuberger Berman; Tom King, Progressive Insurance; Rick Passov, Pfizer; Erik Sirri, Babson College; and Joe Willett, (formerly) Merrill Lynch. Moderated by Don Chew. Where M&A Pays and Where It Strays: A Survey of the Research Robert Bruner, University of Virginia Pathways to Success in M&A Mahmoud Mamdani and David Noah, Morgan Stanley In Defense of Incentive Compensation: Its Effect on Corporate Acquisition Policy Sudip Datta and Mai Iskandar-Datta, Wayne State Reappearing Dividends Brandon Julio and David Ikenberry, University of Illinois Making Capitalism Work for Everyone Raghuram Rajan and Luigi Zingales, University of Chicago University, and Kartik Raman, Bentley College Reappearing Dividends by Brandon...
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...Abstract: Globalization and movement for labor affect the United States all across the board. People find it hard to pull up and move to various locations around the world but for a better life for themselves and the family they often do so . Families do so for better wages to avoid crime, better education and sometimes are forced to. Immigrants take a chance for a better life by facing, crime, kidnapping and murdering order to get to various places in the United States. Texas border brings in more than half of the immigrants who illegally and legally come into the United States. Jon 13 34-35 gives us direction on how to treat others regardless if they are immigrants her illegally or legally . One status does not dictate this. “34 “A new command I give you: Love one another. As I have loved you, so you must love one another. 35 By this everyone will know that you are my disciples, if you love one another.” People find it hard to pull up the roots that they have held tight to and move to a place they have never been. Although this is hard millions of non-American citizens have made the decision to move. The immigration that had the most impact took place around the eighteen hundreds, this was due to the Great Depression through the hard times in the 1930s. During this time over 60 million people immigrated too different parts of the world but more than half of those immigrants came to the United. States. Globalization and movement of labor...
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...Running Head: General Dynamics Ethics Program General Dynamics Ethics Program General Dynamics Ethics Program Abstract General Dynamics Corporation is ranked 291 amongst the World’s Fortune 500 Companies. General Dynamics maintains the highest ethical standards in business practices and employee relations. Its formal ethics program started in 1986 and applies to all employees. The ethics policies of General Dynamics clearly state the company’s expectations of all employees’ when conducting business with customers, suppliers, or each other. They practice and reinforce the ethical principles of integrity, honesty, respect, and the prohibition against retaliation for any person who raises in good faith an ethics or compliance issue. The core business ethics principles of General Dynamics is to use assets wisely; offer a fair deal; deliver on promises and earn a fair return. The company strives to detect unethical conduct early. The ethics program includes a 24-hour-a-day, seven-day- a-week, confidential Business Ethics Helpline. Recovery and crisis management are a fundamental part of the ethics network if and when the time arises. General Dynamics is prepared to stay out in front of possible ethical dilemmas and portray their ethical vision and goals from all levels within the organization. Background The Chief Executive Officer is Mr. Jay Johnson and they employ over 90,000 personnel. General...
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...Annual Corporate Compliance * Director’s liabilities * Restructuring of companies * Liquidation of companies * Continuity * Draft questions exam Introduction to and sources of company law Sources When I start up a business in Belgium, whether I’m Belgian or my foreign company locates a subsidiary here, which legislative rules should I take into account? Which legislation can accurately tell me what to do and what not to do? There are four sources of legislation for Belgian companies: the Belgian Company Code, the Jurisprudence, the Doctrine and the European Directives. The Company Code The Company Code is a legislation code that was adopted by the Belgian Parliament on the 7th of May in 1999, which regroups and restructures the main provisions of Belgian Company Law. For decades, authors and practitioners had been complaining about the complexity of the Belgian Company Law. There were far too many sources to it. What they wanted was one and only one book with all the provisions concerning the Belgian Company Law. So by adopting the Company Code, the legislator didn’t have as main objective to introduce considerable changes to the legal provisions relating to commercial companies, but to regroup the existing provisions in a consistent and structured outline. The Company Code was completed by a Royal Decree of 30 January 2001 that further details some of the principles contained...
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...the countries Hanryu was introduced to, Japan exhibited a very special attitude – contempt. The idea of Hanryu even initiated street protests and demonstration involving hundreds of people in Japan. Why? Why was Japan the only country reluctant to accept this new phenomenon? The most compelling reason of this modern case can be found, ironically, in the events that happened almost a century ago: the Japanese Imperial Period. From 1876 to 2014, Japan and Korea has come all the way from the Japanese Imperial Period to the emergence of “Hanryu.” Some say “Hanryu” has finally enclosed the gap history has created between Korea and Japan. However, I argue otherwise. Japanese Imperial Period: cause and effect Also called Korea under Japanese rule, the Japanese Imperial Period officially marked its beginning with the Japan-Korea Treaty of 1876, with which Japanese officials sought to...
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...computers, and 3.6 CD or tape players in their home (Pigeron, 2009, p. 1). 84% of children ages 7-17 use the internet in their homes, and 57% have their own cell phones (Kennedy, Smith, Wells, & Wellman, 2008). Media has become intricately woven into the daily lives of families – it acts as a babysitter and teacher, a mediator, entertainer and everyday companion, but perhaps most significantly, it acts as a facilitator of daily family routines, transitions, and interactions. The ubiquity of new technology is quickly changing the means by which families interact with each other to create systems of shared meanings and experiences. Families are adapting to this influx of modern technology and media into their homes by developing new rules and systems of monitoring and regulation. The influence of media on the family life of a second-grade girl, Reagan, and her parents was examined in regards to these changes. In particular, two questions were asked: How do parents perceive and make decisions regarding their children’s use of technology, and how do new forms of technology alter family roles and relationships, particularly those between parent and child? Reagan is the only child of two, married, professional parents. Her media use is typical for children her age, expect that she has just recently acquired an iPad. The iPad was bought to be used as an educational aid, as Reagan has learning disabilities. Informal observations were conducted over a period of several weeks...
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...national economy through harmonization with monetary policy, securities policy dealing with securities houses and markets, generally pursue three broad objectives- Firstly, to improve the efficiency of securities market. Secondly, to ensure the stability and soundness of the financial system. Thirdly, to protect investors rights. In this paper we have shown the history of the organization, in the second section we have shown different functions done by the BSEC, in the third chapter shown types of stock exchange, registered under the BSEC. In the fourth and fifth section we have tried to discuss the different departments of the BSEC and effects of BSEC on the capital market. In the sixth section we have discussed registration and rules & regulation imposed by the BSEC. In seventh and eighth section we have provided some problem of BSEC and recommendations regarding problems. 1. Introduction: The development of economy of any country depends mostly on the establishment of sound, effective and efficient financial system of a country. Bangladesh capital market is one of the smallest in Asia but...
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...1956, the UN has continually broadened its sphere of action. The organisations first 15 years of activity entailed of 15 operations however, between 1988 and December 2012, the UN set up fifty-four such operations to restore or maintain peace. Those missions extended from “simple interposition, as in the case of UNIIMOG in 1988, to enforcement operations mandated by the UN Security Council in Resolutions 770 (1992) for the former Yugoslavia and 794 (1992) for Somalia” (Hatto 2013:497). These operations consisted of humanitarian assistance, election supervision, the repatriation of refugees, the disarmament, demobilisation and reintegration of former combatants, the restoration of a state's ability to maintain security out of respect for the rule of law and human rights, and support for the founding of legitimate and effective governance institutions (Hatto 2013:496). The UN, undoubtedly, has had its fair share of success. The organisation have not only created but maintained peace through a plethora of initiatives; facilitating the prosecutions of the Liberian and Serbian leaders Charles Taylor and Slobodan Milesovic, eradicating various...
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