Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion method of accounting for long-term contracts. Ernest Grendi made the fraud possible, company
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role that theorists confer to the firm. Following this idea, three groups of theories have been discerned: (1) the utilitarian group, in which the corporation is intended as a maximizing ‘black box’ where problems of externalities and social costs emerge; (2) the managerial category, where problems of responsibility are approached from inside the firm (internal perspective); (3) relational theories, or those in which the type of relations between the firm and the environment are at the center of the
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/1755-4217.htm WHATT 1,3 Is tourism with a low impact on climate possible? Jonathan Chenoweth Centre for Environmental Strategy, University of Surrey, Guildford, UK Abstract Purpose – The purpose of this paper is to examine the impact of a range of different travel and tourism options, and quantifies the carbon-dioxide emissions resulting from international vacations, breaking down emissions categories
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Received in revised form 14 June 2010 Accepted 3 November 2010 Available online 12 November 2010 Keywords: Data mining Financial fraud detection Feature selection t-statistic Neural networks SVM GP 1. Introduction Financial fraud is a serious problem worldwide and more so in fast growing countries like China. Traditionally, auditors are responsible for detecting financial statement fraud. With the appearance of an increasing number of companies that resort to these unfair practices, auditors have
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example of some of the people that greatly contributed to the achievement scored in epidemiology studies and applications. The Historical Context Epidemiology originated from the Hippocrates` observation more than 200 years ago who identified environmental factors to have an influence on the occurrence of diseases. It was until the nineteenth century when the distribution of the disease specific in human population group was measured to a large extent as beginnings of epidemiology and road to the
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Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion method of accounting for long-term contracts. Ernest Grendi made the fraud possible, company
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interpretations.It is referenced the apparent and irrelevant impact of initiatives to solve the economic, social and environmental problem. It emphasizes the influence and importance of strategies and the positioning of SMEs on the way to SD in the policy of act local think global. KEYWORDS Strategy Sustainable development Sustainability, SMEs JERÓNIMO, WINSTON CENSE, Center for Environmental and Sustainability Research, Departamento de Ciências e Engenharia do Ambiente, Faculdade de Ciências e Tecnologia
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com/locate/knosys Bankruptcy prediction models based on multinorm analysis: An alternative to accounting ratios Javier de Andrés ⇑, Manuel Landajo, Pedro Lorca University of Oviedo, Spain a r t i c l e i n f o a b s t r a c t In this paper we address the bankruptcy prediction problem and outline a procedure to improve the performance of standard classifiers. Our proposal replaces traditional indicators (accounting ratios) with the output of a so-called multinorm analysis. The deviations of each firm
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Risk Management Framework in Public Sector Organisation: A Case of Putrajaya Corporation Zarina Zakaria, PhD Department of Accounting Faculty of Business & Accountancy University of Malaya 50603 Kuala Lumpur zarinaz@um.edu.my Zamzulaila Zakaria, PhD Department of Accounting Kulliyah of Economics and Finance International Islamic University 56000 Kuala Lumpur zlaila@iium.edu.my ABSTRACT This case describes the risk management framework in Putrajaya Corporation, a public sector
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effectiveness of risk management, control and governance processes. Auditing is globally recognized. It is counter check to accounting data so that any error, mistake or fraud can be easily detected through the technique of auditing. It is the primary source of advice on efficiency, effectiveness and overall economy of an establishment. Auditing starts its journey where accounting end. In today’s society the exercise of an auditor’s to the economic and ethical leadership sets the bounding standard
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