Rules vs. Principles Based Accounting Standards in the United States Elsie M. Powell Liberty University Online ACCT 301-D01 December 7, 2014 Rules vs. Principles Based Accounting Standards The United States of America is under a great decisional debate, should the United States adopt a more principles-based accounting standard or stay with the more rules-based standard that is currently used. The two standards offer differing views on how a company should approach their accounting needs.
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JJT Task 1 Student: Dominique Naar January 29, 2012 Introduction The Creator, whoever the Creator is to you, gave us a wonderful world, a world full of resources to use and enjoy. However, as plentiful, those resources are; they are not infinite; it is the responsibility of every one: individual, governments, and businesses to conserve, protect and sustain those resources. This report
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Coca Cola was created by Pharmacist Dr. John Styth Pemberton. He developed the formula for the famous soft drink in his backyard on May 8, 1886. Dr. Pemberton’s bookkeeper, Frank Robinson, came up with the idea for the unique cursive logo that has Coke is a company of enduring strength. They have been privileged to play a role in helping millions of people over the world be well and stay well through more than a century of change. As the science of human health and well-being has grown, they have
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recognition and reputation quickly escalated to the CEO of Kaplan Inc and other top executives across the country. I was the poster child for the inside sales department. However after being on the job for nearly 3 months, I began to notice the unethical behaviors of Directors, Associate
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is a necessary requirement in today’s global corporate environment, in which some of the largest corporations have proven that, left to their own devices, they will gravitate toward corporate malfeasance. The Sarbanes-Oxley Act of 2002: WorldCom. Enron. Adelphia. Global Crossing. What do all these companies have in common? They will always be synonymous with the following: financial fraud, corporate malfeasance, internal corruption, and the reason behind the passage of the Sarbanes-Oxley
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presented along with managerial recommendations. Business Ethics Enron, Arthur Andersen, WorldCom, Adelphia, Martha Stewart…these are all just recent examples of businesses that participated in acts not only considered unethical but also illegal. In order to qualify an act conducted by a business as ethical or unethical, it is important that a solid foundation is set that surrounds what ethical and unethical behavior actually means. According to Bateman and Snell (2004), business ethics is defined
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communication are addressed in detail: committing to ethical communication, adopting an audience-centered approach, improving intercultural sensitivity, improving workplace sensitivity, and using communication technology effectively. Examples of unethical communication practices and a discussion of how to recognize ethical choices precede a list of questions to help a communicator make an ethical decision. Readers will learn about ways to recognize cultural differences in areas such as cultural contexts
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As I have mentioned previously, provide a new file name for the assignment you are working on using the Northcentral naming convention: Learner’s last name, first initial, course code, dash, and assignment number (DoeJXXX0000-1) EXAMPLE: John Doe, PSY300, Assignment 1 = DoeJPSY300-1. BUSINESS ETHICS OKECHUKWU AKANNO Sr. NORTHCENTRAL UNIVERSITY ASSIGNMENT#8 MGT7019-8 Dr. JENNIFFER SCOTT September 16, 2012 Learner: OKECHUKWU AKANNO ||
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An Improved Pedagogy of Corporate Finance: a Constrained Shareholder Wealth Maximization Goal by Michael R. Santos , Gina Vega , John T. Barkoulas INTRODUCTION Bloom's taxonomy (1956) has guided pedagogical structure and innovation for half a century in the United States, and its focus on developmental learning remains relevant and instructive for us. The six developmental levels (knowledge, understanding, application, analysis, synthesis, and evaluation) separate basic knowledge acquisition
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What Makes People Effective? This chapter, contributed by Edward E. Lawler, outlines the processes and ideas by which an organization can create a virtuous spiral –a symbiosis between individual employees and their organization to work towards achieving everyone’s goals. People in an organization perform well when they are properly motivated. The organization needs to know what motivates its people to be responsible, and willing to provide, the components it needs to succeed. The capabilities and
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