Today, as we look around the world, we see an increase in the number of corporations; as capitalism has spiraled to a peak. While corporation’s products and services are needs and wants of the economy, their moral actions, or lack there of, are not, however, directly or indirectly affect us each day. Are corporations people? Can corporations be considered moral? Questions such as these have been raised by Shaw and Barry in the text Moral Issues in Business. While the answers to these questions
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service fund Essay Questions: 30 point essay question topics: • Sources of funding for general government capital projects • When and why capital project funds are used • Interest accrual of bonds in a debt service fund • Characteristics of fiduciary funds & comparison of the two types • Characteristics and uses of capital projects, debt service, and special revenue funds • Determination of major funds 40 point essay question: • Journal entries and preparation of SRECBF and Balance Sheet
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their opinion in the financial statement. The opinion is qualified. The opinion only covers the basic financial statement. Yes, it contains the two government wide financial statements and the seven fund statements (governmental, proprietary, and fiduciary). There are four notes follow the basic financial statements. Yes there is a phrase at the bottom of the basic financial statements indicating that the notes are an integral part of the financial statements. Yes, the CAFR provides combining
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The reading describes Joseph Ellin as a limited separatist, and believed that the elite based on fiduciary relationships are exempt from ordinary morality. His believe in separatism (however limited) promotes the ides that special people (elite professionals) have 'special morality' and are permitted to break the rules. These individuals are able to deceive others if the moral cost is high and is dependent on the nature of the situation. This belief pits 'Average Joe' morality and integrity against
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not all accounting treatment could be referred to IFRS as for example Islamic banks do not include interest in the transactions. According to the Karim (2001) there are three approaches to regulate Islamic banking namely by Islamic banking act, fiduciary law and laws that governs all banks. Therefore, accounting treatment of investment accounts would be affected due to the different approach adopted by each country. In addition, Islamic banks should develop accounting standards that emphasize on
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RELEVANT TO ACCA QUALIFICATION PAPER P1 AND PERFORMANCE OBJECTIVES 1, 2 AND 3 Independence as a concept in corporate governance The concept of independence occurs at several points in the Paper P1 Study Guide. It is listed as one of the key underpinnings of corporate governance in Section A1d, it is a crucial quality possessed by both internal and external auditors (Sections B2b and B2c), and it is included in Section E5c as an ethical quality. In corporate governance, independence is therefore
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Shannon O’Neal Business Law 2 Paper #1 Thesis Statement: An analysis of Enron and its monumental collapse shows how this once well-established business had to file bankruptcy; fraud, tampering with financial records, deceiving employees and stockholders, embezzlement, and upper management practicing unethical business practices all proved to be key components in Enron’s downfall. Enron was a company that despite its long-term success fell apart in the end due to lack of internal controls and
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. UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ x : In re : : LEHMAN BROTHERS HOLDINGS INC., : et al., : : Debtors. : ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ x Chapter 11 Case No. 08‐13555 (JMP) (Jointly Administered) REPORT OF ANTON R. VALUKAS, EXAMINER March 11, 2010 Jenner & Block LLP
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each one and distinguish them between Micro sociology and Macro sociology. The big question being asked is what is white collar crime identified as and blue collar crime? White collar crime is defined as “illegal or unethical acts that violate fiduciary responsibility of public trust committed by an individual or organization, usually during the course of legitimate occupational activity, by persons of high or respectable social status for personal or organizational gain” (Helmkamp, Ball, & Townsend
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EDI means computer to computer exchange of standardized electronic transaction documents. It enables businesses to exchange business information electronically much faster, cheaper and more accurately than using paper-based systems. Based on my research, EDI is widely used in US like manufacturing, shipping, warehousing, construction, insurance, health care companies, and government. There are two obvious advantages for using EDI: (1), increasing business opportunities which companies can improve
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