direct consequence of some of these situations, the U.S. Congress passed a very broad piece of legislation called the Sarbanes-Oxley Act of 2002. This law has had a wide range of consequences directly affecting large public corporations and public accounting firms and, less specifically, smaller public firms, private corporations, not-forprofit organizations and regulatory entities in many different ways. This law mandates some specific actions for large public corporations, many of these actions being
Words: 7269 - Pages: 30
ASSESSMENT COVER SHEET |Unit Number and Title |Unit 2: Managing Financial Resources and Decisions | |Assessment Title |Managing Financial Resources and Decisions | |Course Title |HND Business
Words: 3615 - Pages: 15
articulate what sustainability is, develop processes to promote sustainability throughout the corporation, measure performance on sustainability, and ultimately link this measurement to corporate financial performance. ▪ Corporate citizenship is an important driver for building trust, attracting and retaining employees, and obtaining a “license to operate” within a community. ▪ Corporate citizenship is much more than charitable donations and public relations—it’s the way the company integrates sustainability
Words: 12219 - Pages: 49
articulate what sustainability is, develop processes to promote sustainability throughout the corporation, measure performance on sustainability, and ultimately link this measurement to corporate financial performance. ▪ Corporate citizenship is an important driver for building trust, attracting and retaining employees, and obtaining a “license to operate” within a community. ▪ Corporate citizenship is much more than charitable donations and public relations—it’s the way the company integrates sustainability
Words: 12220 - Pages: 49
International Financial Reporting Standards (IFRS): Pros and Cons for Investors by Ray Ball* Sidney Davidson Professor of Accounting Graduate School of Business University of Chicago 5807 S. Woodlawn Ave Chicago, IL 60637 Tel. (773) 834 5941 ray.ball@gsb.uchicago.edu Acknowledgments This paper is based on the PD Leake Lecture delivered on 8 September 2005 at the Institute of Chartered Accountants in England and Wales, which can be accessed at http://www.icaew.co.uk/cbp/index.cfm. It draws
Words: 16223 - Pages: 65
Perception: Owl, Patterns: Monkey, Agenda: Lion, Belief: Peacock, Response: Ostrich, Stage: Chameleon, Timeline of the ten schools Planning and design school came in the 70-80´s. Then Porter came with the positioning school in the 90´s. Why ten schools? Organizations vary and change greatly, so we need more than 1 school. The five p´s of strategy Plan: Forward looking. Can be dangerous if it is strictly planned and something unforeseen happens. Patterns: Backwards looking Positions
Words: 2912 - Pages: 12
we want is not the information we need, The information we need is not available. Information is a Resource It is scarce It has a cost It has alternative uses There is an opportunity cost factor involved if one does not process information Why need Information? To ensure effective and efficient decision - making leading to prosperity of the Organisation. What is MIS? Short for Management Information System – MIS refers broadly to a computer-based system that provides managers
Words: 2417 - Pages: 10
Signed………………………………………Date…………………………………… REBECCAH NYAMBURA D63/71147/2014 This project has been submitted for examination with my approval as the university supervisor Signed………………………………………Date…………………………………… MR. MIRIE MWANGI Lecturer, Department of Finance and Accounting School of Business University of Nairobi ACKNOWLEDGEMENT I am deeply indebted to all those who in their own way contributed to successful completion of this study. First and foremost I thank the almighty God, to whom all knowledge, wisdom and
Words: 12812 - Pages: 52
personal ambitions beyond the CFO role - at least in public. But given this recent string of high profile promotions there is an increasing recognition that they have what it takes to take over the CEO role. To understand why CFOs are more frequently getting the top job it is important to know what the contemporary holder of the post does with his time. Article entitled “CFO to CEO” explains that the Monty Python image of an accountant sitting in a corner counting beans has disappeared, says Ian Graves
Words: 1257 - Pages: 6
Street, London W1T 3JH, UK Accounting and Business Research Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/rabr20 International Financial Reporting Standards (IFRS): pros and cons for investors Ray Ball a a University of Chicago Published online: 28 Feb 2012. To cite this article: Ray Ball (2006) International Financial Reporting Standards (IFRS): pros and cons for investors, Accounting and Business Research, 36:sup1
Words: 16830 - Pages: 68