Literature Review Title of Article: The Accounting Fraud @ WorldCom: The Causes, The Characteristics, and The Consequences. Author: Javiriyah Ashraf (2011) Area: The main area of the study was focused on the different offices of WorldCom in United States of America. The core examination areas were Texas, Mississippi, Florida, Georgia, and Washington D.C. to know the causes of the fraud, how the different branches were linked in fraud and what were the main problems faced to the stakeholders after
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EUROPEAN COMPANY LAW Characteristics of company law Very complex and flexible area of law in modern day society Forming a company is a popular way of making business in the market Company law has strong connections with many other private law and public law areas (tax law, accountancy law, bankruptcy proceedings, competition law) Vital area of law for practicing the freedom of establishment in the EU Difficulties of harmonizing the laws in the Member States Four company law families
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Case Studies to accompany Auditing and Assurance Services in Australia by Gay and Simnett Prepared by Renee Radich and Philip Ross [pic] McGraw-Hill Australia [pic] A Division of The McGraw-Hill Companies Copyright © 2002 McGraw-Hill Australia Pty Limited Additional owners of copyright are named in on-page credits. Apart from any fair
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ASSESSMENT 1 – Question and Answer 1. Describe any four skills an effective negotiator needs to have. Any effective negotiator requires these four skills: Active Listening – negotiators need to have the skill of actively listening to the person they are communicating with. Active listening involves the ability to read body language as well as verbal communication. It is arguably more important to listen to the other party to find areas for compromise during the meeting than it is for the negotiator
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Medicare, and Medicaid. This organization will work federal, state, and local governments to receive financial assistance as well as other stakeholders to help the organization to provide care to the community. Mission Statement As the director of this organization it is my mission as well as the organizations mission to help its clients and his or her families to achieve the highest level of functioning and improve the quality life of each client and his or her family. The organization
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Contents: Vision, Culture and values Financial highlights Profile of the Directors Chairman’s review Corporate Governance Audit Committee Report Remuneration Committee Report Risk Management Report of the Board of Directors Statement of Directors’ Responsibility Independent Auditors’ Report Income Statement Balance Sheet Statement of Changes in Equity Cash Flow Statement Notes to the Financial Statement Segmental Report Details of Real Estate Five Year Summary Shareholder Information
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Course - International Diploma in Compliance Assignment due date - 29th August, 2011 Industry - Banking Board Memorandum To : Board of Directors Executive Management Subject : Recommendations to promote the independence of the Compliance Function Date : 29th August, 2011 In reviewing last year regulator’ report on our bank, the bank have been imposed more than fifteen major violations from the regulators and some of the violations have got the bank into
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te Corporate governance statement The Board of Directors is accountable to the Shareholder for the overall performance of the Group. In doing so, it is responsible for: • • • The effective, prudent and ethical oversight of the Bank; Setting the business strategy for the Bank, following consultation with the Shareholder; and Ensuring that risk and compliance are properly managed in the Bank. Board of Directors and Membership The Board of Directors recognises its responsibility for the leadership
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History of Ethics: 1908 – Canon of Ethics 1969-70 Model Code 3 parts: 1. ethical considerations → what lawyers should do. 2. disciplinary rules → what lawyers must do. good 3. BAR _______________ acceptable set minimum conduct bad 1983 – Model Rules – most states follow. Set forth rules & comments akin to DR (set forth minimum conduct acceptable) 2000 – Ethics 2000 Commission ▪ California Rules of Professional Conduct – the only state to
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DEFINITION In a contract of partnership, two or more persons bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profit among themselves. Two or more persons may form a partnership for the exercise of a profession civil Code of the Philippines, article 1767). An association of two or more persons to carry on, as co-owners, a business for profit (Uniform Partnership Act, section 6). Partnerships resemble sole proprietorships
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