Jamaica Water Properties Introduction The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. This fraud was discovered by David Sokol, who was at that time served as COO (Chief Operating Officer) of the Jamaica Water Properties, Inc. The main culprit was Ernest Grendi, JWP’s CFO, helped by several of the company’s senior accountants. Moreover, the company’s external auditor, Ernst & Young, seems to be involved as well. This case will show regarding the auditor
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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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We look forward to leveraging the strengths and expertise of both organizations to deliver an expanded range of products and an even higher level of service." About Travelers The Travelers Companies, Inc. TRV +0.11% is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $26 billion in 2012. For more information, visit www.travelers.com
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Abigail Rockwell Due Date: February 15, 2014 Jamaica Water Properties Case Study During a time in our recent history when greed and self promotion was the benchmark that most financial and managerial directors of companies, both public and private, seemed to strive for, David Sokol stands out above the crowd. Instead of looking to further his own self-image, career, or standing, instead of taking what most people would view as the easy road, Mr. Sokol did the right thing. He chose ethics,
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settlement to JWP’s stockholders but chose to contest the lawsuit filed against it by the insurance companies? Facts In 1886, the Jamaican Water Supply Company began operations as a small business delivering water to a few neighborhoods in the Queens borough of New York. In the mid-1960’s, Martin Dwyer took control of JWC and realized that the heavily regulated water utility industry limited his company’s profits potential. Therefore, He decided to branch out into other businesses and began offering
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Jamaica © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org All rights reserved. 1 2 3 4 08 07 06 05 A copublication of The World Bank and the International Finance Corporation. This volume is a product of the staff of the World Bank Group. The findings, interpretations and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors
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those resources is inherently unequal. Societies can be stratified on any number of dimensions. In the United States, the most widely recognized stratification systems are based on race, social class, and gender. Social Stratification on Health Jamaica Throughout history and even today Race and Class has placed a major impact on the identity of Jamaicans. “Race has been used to render ethnicity” (Austin-Bross, D.2006 Pg 213). Class, however is a social construct that is used to group people into
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Report Jamaica Bay Wildlife Refuge Submitted by: C. Turner EAS 201, Spring 2012 INTRODUCTION New York City is home to a diverse grouping of species - a varied assembly of organisms, each with its own form, function, and range of desirable living conditions. The CUNY SPS course “The Nature of New York” invites learners to investigate urban ecosystems, and evaluate the relationship between humans, the environment, and the ability of all living systems to do well on the planet. JAMAICA BAY WILDLIFE
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ENG 100 Research Paper Hurricane Sandy's in KINGSTON, Jamaica KINGSTON, Jamaica Hurricane Sandy's howling winds and pelting rains lashed precarious shantytowns, stranded travelers and downed power lines Wednesday as it roared across Jamaica on a course that would take it on to Cuba and then possibly threaten Florida and the Bahamas. Sandy's death toll was at least two. An elderly man was killed in Jamaica when he was crushed by a boulder that rolled onto his clapboard house
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Production Feeding Systems development for ruminants Education/Research PROCICARIBE PROCICARIBE Caribbean Integrated Pest Management Network Caribbean Small Ruminant Network (CASRUNet) Soil and Water Management Studies in the Rio Minho Valley Project Environment Hillside Farming Systems of Jamaica and the OECS Integrated Pest Management Integrated Pest Management Integrated Pest Management Integrated Pest Management Integrated Pest and Pesticides Management
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