in the context of the EU, IFRS are required for consolidated accounting, while national accounting systems continue to be the dominant system for unconsolidated accounting in many countries. Using Germany as a case study, the objective of this paper is to examine whether Germany can still be classified within the Continental European model of accounting following the Act to Modernize Accounting Law (Bilanzrechts-modernisierungsgesetz — BilMoG), which was promulgated on May 29, 2009. This Act
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Reforms and rebuilt investors’ confidence, both of which carry essential long-term benefits. Moreover, Highlights from Protiviti’s 2015 SOX Compliance Survey proved SOX-related expenses and efforts to be reasonable. In the following parts of this paper, three favorable impacts of SOX will be further presented, as well as two counterarguments against criticisms. 2. Favorable Impacts of SOX 2.1 The Increasing Transparency in Financial Reporting William Thomas (2002) indicated that
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informed implementation of the governing structures’ decision, reporting will improve. This paper considers the rationale behind the move towards Integrated Reporting, offers initial proposals for the development of an International Integrated Reporting Framework, and outlines the next steps towards its creation and adoption, including the publication of an exposure draft in 2012. The purpose of this paper is to give an idea of what integrated reporting is all about,
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Professional Ethics There are a number of ethical matters that are extremely important for auditors to consider when performing their work. It is vital to the public image and credibility of the profession that the auditor is seen to be behaving in an acceptable manner in addition to actually complying with the ethical requirements. It is important to recognize that many groups in society rely on accountant’s work, not just the shareholders on whose behalf the accountant is working. The accountant
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Mentoring is the social foundation of research. The mentor has the opportunity to draw the best from the junior person by acting as an adviser, teacher, role model, motivator, and supportive advocate. Mentoring is an ideal way to pass ethical and professional values to others in the field. Institutions that pursue long-term development and growth must foster an encouraging, jointly supportive environment. A key element in that cultivation process is creating a mutually respectful relationship between
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Student’s Name Professor’s Name Course Number Date Business Process at Work: System Analysis Home delivery has become one of the major activities to boost business. It is regularly practiced by online stores or e-commerce websites. Although it involves more than one process, home delivery services continue to act as a core factor in luring customers into doing business and buying goods without moving from one place to another. From the moment a customer purchases a product or service, up to the moment
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share with my cohort 1. Research the current world class state-of-the-art in customer service. a. Define the world class quality reporting (WCQR) and service currently available i. By Industry segment ii. Include Depth of disclosure, delivery timing, iii. Business to Business commitment to achieve WCQR iv. Define WCQR Customer satisfaction and service levels v. Find, interview and evaluate the best companies, as possible ← Phase 2: Primary Data Collection
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ACC 655 – Advanced Auditing Term Paper: World Health Alternatives, INC – Fraud Brian O’Rourke, Katharina Ryska 10/14/2013 Introduction Scandals like Enron, Worldcom and Tyco have taught society about CEO’s fudging financial statements in order to make some extra money. With millions of dollars lost for the shareholders, members of the management engaging in fraudulent activity face high penalties. However, these penalties do not stop executives from trying to scam the system. World Health
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corporate disclosures made pursuant to the securities laws, and for other purposes” (Kimmel, Weygandt, & Kieso, 2011). Mainly, the act was a result of the continuous increase in the number of accounting scandals that can be related to falsification of entries on company’s financial statements. Some of the recent examples of corporate and accounting scandals were that of Enron, Adelphia, Tyco International, World Com, and Peregrine Systems, among others (Levine, 2013). The objective of this paper is
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elements, for example: patient’s complete name, date of birth, gender, mother’s maiden name and social security number. Because most health care facilities house patient records according to a medical record number, the MP becomes the key to locating paper based records in the health information department file system. Thus, the MPI is retained permanently because it serves as the key to finding the patients record, it can be automated or manual. According to the American Health Information Management
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