equity research studyStock:Nike(NKE). (n.d.). Retrieved March 13, 2010, from Wikinvest website: http://www.wikinvest.com/ stock/Nike_(NKE) , “only 23% of the market is controlled by the top seven companies, including Nike with a 7% control and Adidas with a 6% control”. This leaves only 76% of the market available for Under Armour to be able to strategically gain
Words: 966 - Pages: 4
accounting practices of a San Diego--based company, Jack in the Box, Inc. (NYSE: JBX). In addition to summarizing the article, I will discuss how the concepts of the article relate to my organization The Platinum Company Inc., including, making recommendations for improvement for my organization based on the article. Lastly, explain the importance of ethics in accounting and financial decision making. Although Jack in the Box remained strong with widely varied menu items and unique marketing strategies
Words: 748 - Pages: 3
2003 The Combined Code on Corporate Governance – July 2003 C.3 Audit Committee and Auditors Main Principle: The board should establish formal and transparent arrangements for considering how they should apply the financial reporting and internal control principles and for maintaining an appropriate relationship with the company’s auditors. Code provisions C.3.1 The board should establish an audit committee of at least three, or in the case of smaller companies two, members, who should all
Words: 9845 - Pages: 40
marketing performance. The purpose of a Marketing audit is to identify whether there are any working practices that could be more effective. There are essentially two types of Marketing audits in existence, which are, • Internal marketing audit • External marketing audit The timing of a marketing audit depends on the Company. In general, marketing audits are usually carried out every 6 months. Twice per financial year. The personnel likely to
Words: 927 - Pages: 4
Generally Accepted Auditing Standards ACC/490 June 25, 2012 Generally Accepted Auditing Standards The auditing and accounting profession has various standards and regulations that must be followed. The standards and regulations were put into place to ensure that reports are unbiased and accurate. The Generally Accepted Auditing Standards create stipulations on the accuracy, consistency, and verifiability of the information. The Sarbanes-Oxley Act of 2002 and the Public Company Accounting
Words: 832 - Pages: 4
Identification Part 2 Issues Identification Environmental & Root Cause Analysis Part 3 Environmental & Root Cause Analysis Alternatives and/or Options Part 4 Alternatives Recommendation Part 5 Recommendations Implementation Part 6 Implementation Plan Monitor & Control Part 7 Monitor and Control Part 8 Conclusion Part 1 Executive Summary Navistar was a worldwide leader in the manufacturing medium and heavy trucks for 17 consecutive years in the North America market. Navistar’s
Words: 293 - Pages: 2
...... 3 Environmental And Root Cause Analysis.............................................. 3 Alternative And Options......................................................................... 5 Recommendation And Implementation.................................................. 6 Monitor And Control.............................................................................. 6 Reference ................................................................................................... 7
Words: 1098 - Pages: 5
is considered a white collar crime. Three new ways that I believe will get rid of corporate fraud are: a. Evaluate programs and control When the auditor identifies risks of material misstatements due to fraud, the auditor must consider management’s programs and controls to address those risks. Auditors may want to include broader programs or certain controls designed to prevent, or detect fraud. The auditor would estimate whether these programs have been designed and placed in operation. b
Words: 1277 - Pages: 6
4. “The impact of innovations and developments in information and communication technology on corporate accounting information systems has removed the need for excessive internal control.” Discuss the truthfulness or falsity of this statement Information and communication technology has been a major factor of efficient accounting system and great organizational performance recently. In order to maximize the benefits of information technology systems, the appropriate implementation and adoption procedures
Words: 1067 - Pages: 5
Internal Control Requirements for Publicly Traded Companies In a meeting last week, the president of LJB expressed interest of going public in the near future and asked us about the internal control requirements for such action. To become publicly listed, LJB must follow the Sarbanes-Oxley Act of 2002 (SOX), which requires all US publicly traded companies to maintain an adequate system of internal control. Under SOX Section 404, a company must report on internal controls over financial reporting
Words: 1398 - Pages: 6
