...Lisa Herman ACCT 500D Soczek March 31, 2016 Westchester Distributing Case Vince Patton at Westchester Distributing, Inc. is facing a quite a dilemma in the face of a recent fraud that has been uncovered. After two employees, Carter Mario and George Pavlov, sold beer to a customer with the offer of a “kickback” and subsequently submitted false expense reports to be reimbursed for the cash outlay, and after Joe Roberts, the VP of Administration perpetuated the act by misappropriating a neon sign to pay off the customer, Patton finds himself in violation of the California Alcoholic Beverage Control and in danger of being out of business for 45 days. In order to come to a solution for Mr. Patton, we must first discuss the specifics of the fraud and what can be done in the future to prevent such an incident. Given the myriad definitions of fraud in accounting and legal literature, this act qualifies as such because it was intentional, mislead the company’s shareholders about a material fact, and caused financial damage to the company. The specific fraud schemes employed were an expense reimbursement scheme by submitting fictitious expenses, inventory larceny in the form of fictitious sales by claiming $100 more in sales than was collectible, and inventory misuse by misusing a neon display sign. Further, the three components of the fraud triangle were present. First, the system set up for sales and expense reporting created the opportunity for the fraud to be committed...
Words: 1041 - Pages: 5
...| 5/29/2013 | | | | | | | | | | | | Westchester CaseAcct 325-| | | | | | | | | | | | | | | | | | | | | | | Westchester Case Acct 325- Westchester Distributing, Inc. is a distributing company that serves multiple breweries. The company was established by Vince Patton in the 1960s, when the Miller Brewing Company offered him distribution rights in Westchester County, California. Vince worked hard during his eight years driving a semi-trailer truck for Miller. Because of his dedication he was guaranteed a $70,000 loan by the brewery and four employees to start up Westchester Distributing in 1962. In 1963 Elizabeth Jones also known as Betty joined Westchester. She shared the same work ethic and devotion to the company, which earned Vince’s trust of every aspect of the business. Vince and Elizabeth were the only two shareholders of the Company. In 1982 the company became the first small distributor to win the Miller Masters national quality award. From there they won six of the seven years that they have entered in the contest, which earned them a Miller Grand Master. Companies that are a Miller Grand Master in the 1980s are able to command a 25-50% premium in selling price over non-Grand Masters Distributor. From 1980-1990, Westchester had grown from 250,000 cases per year to 800,000 cases per year. In the beginning the Company was earning $5 million in revenues and is now earning $15 million in...
Words: 1466 - Pages: 6
...Beverage control gets wind of this violation, they will revoke Westchester’s license for 45 days, which would close their doors. I believe the main factors that lead to this issue were the lack of a strong ethical culture at Westchester Distributing and not having good internal controls in place. In this paper I will discuss some of the ethical issues that are prevalent at Westchester, methods to improve the ethical design and provide suggestions on how Patton should deal with his employees Mario,...
Words: 1287 - Pages: 6
...theme park to be built in Westchester County that would be opened year round even during the cold winter months. This theme park would have similar rides that an outdoor theme park would have such as roller coasters and a ferris wheel. Patron The person who will be funding this project is Westchester County executive Rob Astorino. I believe he would be willing to fund this project because he has signed agreements to help keep Playland, Westchester’s outdoor amusement park, in business. Population Families who live in Westchester County will benefit from this project. While Playland and other outdoor amusement parks are only open during the warmer months, this indoor amusement park will be open year round no matter what the weather is. It will be open every day except for Christmas and Thanksgiving. Both parents and kids can visit the park after work or school or on the weekends. It will have the same features as an outdoor theme park, just indoors. Problem The main problem for this project is finding space and land in westchester to build an indoor theme park. Another potential problem is attracting enough customers to remain in business as well as having enough employees working at the theme park. Paradigm In order for this project to be successful, I would do some research on other indoor theme parks around the country and see which ones have been popular and why. I also believe we should conduct surveys and ask residents of westchester county if they would be in...
Words: 429 - Pages: 2
...Article or Case Law Search Paper Maria January 27, 2014 HCS/430 The article that I have read and did my research for the article case law search is about a hospital in New York will have to pay $2.3 million dollars for overbilling the Medicaid program. Two Westchester County Hospital had overbilled the Medicaid program of $70 million dollars by improperly approving home care for Medicaid patients. The Attorney Generals Medicaid Fraud control Unit found out that the two hospitals were billing Medicaid beyond the cost of the drugs and made more than over a million dollars in profit. Both or the hospitals never admitted or denied the accusation. They decided to pay twice the fine that was against them. About 145 New York providers which includes the hospitals, physicians, group practices and individual practice have paid back an estimating amount of $19.9 million dollars back to the Medicaid Fraud Control Unit. Some health care leaders have brought up an important message regarding mistake with billing should be considered a fraud or not. In the article this is how t "A label of fraud is really not accurate and can discredit the institution in the community," Northern Metropolitan Hospital Association President and CEO Kevin Dahill told the Journal News. "Hospitals participate in these audits and agree to the findings. If they make mistakes, they correct them. That's not fraud," he said (Caramenico, Alicia; 2012, 4). In my opinion I don’t think that a mistake in billing...
Words: 624 - Pages: 3
...In Executive MBA 1. http://cba.lmu.edu/facultyresearch/meetthefaculty/davidwstewartphd/#d.en.15827 David Stewart, Ph.D. President's Professor of Marketing Office: Hilton 319 Phone: 310.338.6033 Email: david.stewart@lmu.edu Areas of Expertise * Marketing and Public Policy * Marketing Strategy * Marketing Communication * New Product Development Biography David (Dave) Stewart earned his B.A. in psychology from Northeast Louisiana University and his M.A. and Ph.D. in psychology from Baylor University. Dave has held faculty and administrative roles at Vanderbilt University, USC and the University of California, Riverside. He currently serves as editor of the Journal of Public Policy and Marketing and has previously served as editor of the Journal of Marketing and the. Journal of the Academy of Marketing Science. Dave has authored or co-authored more than 225 publications and eight books. His research has examined a wide range of issues including marketing strategy, the analysis of markets, consumer information search and decision making, effectiveness of marketing communications, public policy issues related to marketing and methodological approaches to the analysis of marketing data. In 2007, Dr. Stewart was award the Elsevier Distinguished Marketing Scholar Award by the Society for Marketing Advances and in 2006, he received the American Academy of Advertising Award for Outstanding Contribution to Advertising Research for his long-term...
Words: 394 - Pages: 2
...Windshield Survey Bronx District 11 Morris Park A windshield survey is assessment tool used in community nursing that helps the community nurse become familiar with a certain area. This identifies the health needs of a particular community focusing on the exclusive needs of a certain community. This involves driving and walking through the targeted community to observe the communities characteristics. The observed neighborhood was the Bronx, district 11 of Morris Park. Morris Park borders Pelham Parkway at the north and on the east and south borders is Amtrak railroad tracks. To the east is the Hutchinson Parkway. Morris Park is comprised of both commercial and residential buildings. The residential buildings are mostly found on the smaller streets. The commercial buildings are on the outskirts of the neighborhood. Housing and Zoning The zoning regulations are a mixture of commercial and residential properties mostly made up of medium to low density occupancy. The residential area is mainly three family houses which accounts for approximately 90% of the buildings. These units are detached, semi-detached and attached houses. Some of the houses are as old as 70 years old with some as young as 10 years old. Most are kept in good condition. All of the homes are equipped with plumbing, heating and some with air conditioners. Open Space While evaluating the community it was found not to have a lot of green or open spaces. On the outskirts of Morris Park there are some...
Words: 690 - Pages: 3
...Westchester Distributing, Inc. (“Westchester”) is a reputable beer distributor operating in Cosgrove, California. The company was founded by Vince Patton, the current President in 1981. Recently Westchester Distributing, Inc. received a concerning letter from a customer’s attorney. The letter was addressed to Westchester’s Vice President of Finance, Elizabeth Jones, and discussed a supposed improperly discounted sale of beer to a customer, Mr. Moon. The letter stated that such “information was absolutely untrue” and that Mr. Moon returned the beer in order to avoid unfair prejudice to Mr. Mario and Mr. Pavlov, the two employees who sold him the beer. At the conclusion of the letter, Mr. Moon requested a refund of his purchase price. Upon investigating the situation, Vince Patton, found that the two employees, Mr. Mario and Mr. Pavlov were involved in bribing Mr. Moon with a kickback for his purchase of $2.00 per case of slow moving Rising Sun beer. Additionally, not only did they bribe Mr. Moon, they also falsified lunch receipts and broken bottle vouchers to cover the $200.00 they gave to Mr. Moon for the one hundred cases he purchased. The story further unfolded when Mr. Moon was unsatisfied and tried to return the beer at which point Mr. Mario promised him three neon signs to keep the merchandise. Mr. Mario informed Mr. Pavlov of the situation, and he in turn panicked and approached Joe Roberts, the company’s Vice President. Mr. Roberts, instead of relating the events to Mr...
Words: 1712 - Pages: 7
...White Plains; The Birthplace of New York State The city of White Plains came into existence in 1683, became the seat of Westchester County since 1757. Men from Rye, procured 4,435 acres of land and named it White Plain. The battle of White Plains fought between General George Washington's crowd and British-Hessian troops near the Battle Hill marked the history of White Plains. White Plains is situated in the New York State of the United States with town of North Castle to the north and town of Harrison to the north and east. Greenburgh lies to the west while Scardale borders the south. Hudson River flows around 7 miles west of White Plains. White Plains the corporate and trading hub of Westchester County with numerous central and state government administration headquarters and courts. Apart from government offices, the city is crammed with industries like shopping, medical facilities, transportation. White Plains home to more than 1,000 retail establishments, including names like Bloomingdales, Target, Nordstorm, Neiman Marcus and Walmart. White Plains is blooming with exceptional restaurants, art and cultural organizations, boutiques and happening nightlife. White Plains is a prosperous uptown just north to New York city with a population...
Words: 1508 - Pages: 7
...There are several apparent conflicting cultures at Hillwood. One obvious competing culture at Hillwood is that the administrators and staff do not have mutual values. For one, the chief medical officer main concern is saving lives. On the other hand, the medical board is more concerned with the cost associated with running the medical center. The staff is concerned with other issues such as their working conditions. These conditions include supervisors, having the latest technology, and supplies. If everyone working at Hillwood would sit back and look at the entire picture, they would see that all of these competing values have equal value and go hand in hand with one another. Saving lives is essential and should be done in the most resourceful way to include treating the staff fairly. This can be accomplished if everyone works as team and has one common goal. Based on the information provided in the case study, everyone has different values and due to this everyone is at odds with one another. An example of this is when Dr. Garcia explodes and states, "You administrators are never available when we need you. Your only concern is holding down costs. We're talking about human lives here." Dr. Garcia is concerned with saving human lives but his words are actually expressing his dissatisfaction with the administration staff. In addition, Dr. Garcia wants to blame the administrators on staff when he needs to be confronting Dr. Chambers about his alleged drinking problem...
Words: 554 - Pages: 3
...Fixed Variable and Break Even points David Anderson HSM/260 July 14, 2013 Melvin Green Fixed Variable and Break Even points Fixed Costs, Variable Costs, and Break-Even Point Part 1 During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals program decides to again recalculate fixed costs, variable costs, and the Break-Even Point using the high to low method. Included here are the number of meals served and the total costs of the program for each of the first six months: Month Meals Served Total Costs July (3,500) $20,500 August (4,000) $22,600 September (4,200) $23,350 October (4,600) $24,500 November (4,700) $25,000 December (4,900) $26,000 Recalculate fixed costs, variable costs, and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45,000-meal contract with the City of Westchester? Meals: High-Low= Cost: High-Low= The variable cost per meal: The variable cost for the low month: Fixed cost: (Monthly BEP) (Fiscal-year BEP) WHDM program profit analysis = meal contract Break Even Point (BEP) = 1,008 Revenue 1,008 Meals at Total Cost Per meal Total Profit = Exercise 10.2 It has been two years since the New River Community Council (NRCC) started its newsletter dealing with state and community...
Words: 353 - Pages: 2
...------------------------------------------------- My Little Bit of Country Do you remember you favorite place when you were a child? My favorite place was a playground near where I live, and I LOVED it! I could be there every day at all hours. I was on the verge of tears when I have to go home. In My Little Bit of Country is Susan Cheever writing about how she felt when she and her family moved from New York to Westchester. She have to move from her favorite place, Central Park. This essay is from 2012. Susan Cheever describes in her essay her relationship to Central Park in New York. She recollects many good experiences in the park as a kid. She describes the city as a magical place with many options, but her parents want a typical suburban life so they decided to move from their apartment in middle of New York to Westchester, which in outside the city. Susan Cheever’s relationship to Central Park does not end here, because she commutes to New York as soon as she gets an opportunity to come back to the life she and her family had in New York. Susan Cheever moved back to New York some years after, she had children and she raised them in New York, and they love Central Park as much as Susan Cheever does, and even though they are adults, they still love to celebrate functions in the park. Susan Cheever thinks the life in New York is safe, while the suburban life is a little bit scary. In the essay, there is a first person narrator and an omniscient narrator, because...
Words: 1031 - Pages: 5
...Jiccela Herrera Cardoso Practicum Internship/Collogue Experience The program Medical Assistant Management at the College of Westchester had given me the tools and skills to prepare me for the practicum and my future .At the practicum with Dr… at Women to Women OB/GYN. It’s amazing how much I learn in the past two years at the College of Westchester. It’s just so hard to believe that less than a 2 months I will be done with my education. I must admit I will miss spending my time here. But most of all I will never forget how my experience as an Intern Medical Assisting at Women to Women OB/GYN. Making a difference in someone life just fascinates me, knowing...
Words: 1082 - Pages: 5
...CHAPTER 10 Differential Cost Analysis This chapter deals with the use of differential cost analysis in financial management decision making situations. The basic premise of differential cost analysis is that different costs are treated differently in different financial management decision situations. Hence the name differential costs. Two major applications of differential cost analysis are presented. The first application is called break-even analysis. In break-even analysis, differential cost analysis is used to answer the question, How much service must a human service program provide during a fiscal year in order to recover its total costs? The second application can be called decrease/discontinue decisions. In these types of financial management decisions, differential cost analysis answers the question, What will be the effect on fixed and variable costs of a decision to reduce or discontinue a human service program? Some Concepts and Definitions Before proceeding to the discussion of the applications of differential cost analysis, some basic concepts and definitions need to be introduced including fixed costs, variable costs, step costs, maximum efficiency, and surplus capacity. Fixed Costs and Variable Costs In Chapter 8 the concepts of direct and indirect costs were introduced as part of the discussion of cost analysis. As was noted in Chapter 8, the full cost, or total cost, of a human service program is the sum of its direct costs and indirect costs...
Words: 6743 - Pages: 27
...Exercise 10.1 During the sixth month of the fiscal year, the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again recompute fixed costs, variable costs, and the BEP using the high–low method. Here are the number of meals served and the total costs of the program for each of the first six months: Month Meals Served Total Costs July 3,500 $20,500 August 4,000 22,600 September 4,200 23,350 October 4,600 24,500 November 4,700 25,000 December 4,900 26,000 Recompute fixed costs, variable costs, and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45,000-meal contract with the City of Westchester? Costs high-low $26,000- $20,500 = $5,500 Meals high-low 4,900- 3,500 = 1,400 Variable cost per meal $5,500 ÷ 1,400 = $3.93 Variable cost for the low month $13,755 ( 3,500x $3.93) Fixed costs $6...
Words: 541 - Pages: 3
