Enron Leadership Enron collapsed very quickly in November 2001, and its failure should have been a warning to serious dysfunctions in the entire corporate and financial system, but this did not happen. Its executives admitted that they had falsified Continue Reading...
Management v. Auditors Responsibility Responsibilities of Management and Auditors & the Public Perception series of high-profile business melt-downs in 2001, led by the Enron scandal have put the roles and responsibilities of the corporate manag Continue Reading...
SOX provides explicit legislative directives for SEC regulation, altering this authority division, of what was once perceived as the states' exclusive jurisdiction. Rule 404 of the SEC The following Executive Summary reflects the Rule 404 of the S Continue Reading...
Through the establishment of a clear structure, recommendation of the internal audit team will be implemented and hence the company will realize improved performance. To ensure that the internal auditing standards and other auditing standards are u Continue Reading...
Internal Control Analysis Publicly owned and operated businesses have always been flashed an evil eye of suspicion by many corners of society but the depth and breadth of the scrutiny now bestowed is not a higher pitch than ever, and for two major r Continue Reading...
Compliance, Risk and Governance This report presents to the board of WB a brief overview of the key findings from the review undertaken, elucidating the concerns recognized from the initial findings from an internal audit. The report, then offers a Continue Reading...
Enron Corporation was the American company that specialized in supplying of energy. Prior to its collapse in 2001, Enron was one of the most admired companies in the United States recording superior profits year by year, however, in 2001, series of Continue Reading...
In recent times, there have been accounting scandals that have stunned the finance and accounting realm, and thereby reemphasized the significance of maintaining proper accounting practices. The recent accounting scandal of Olympus Corporation, a Jap Continue Reading...
Enron could engage in their derivative trading strategy with no fear of government intervention because derivative trading was specifically exempted from government regulation. Due in part to a ruling by the Commodity Futures Trading Commission' Continue Reading...
business scandals in the early 2000s brought the issue of business ethics to the fore -- Enron, WorldCom and Tyco. The three share some similarities but they are different in other ways. Enron was simply a case of criminal activity. The company's ma Continue Reading...
corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Provide support for your answer. Unethical behavior has drawn the attention of Continue Reading...
These controls can include having a standardized procedure for the preparation of the forecast budget or through the application of budgetary slack. The lower the slack management allows in the forecast budget, the greater the lower the variance tha Continue Reading...
Career Preliminary Questionnaire It is in line with the advert that appeared in the national daily paper concerning the vacancy in your organization that I wish to express my wish to feel the advertised position. I strongly believe I have adequate s Continue Reading...
It is also interesting to comment on the article's evaluation of the potential future trends for the companies in developing countries. The article evaluates a closer integration of these companies in the global market. This is something that is po Continue Reading...
First of all, they should implement a better control of the executives' actions by limiting their rights and access to corporate funds. No major decision regarding future mergers, acquisitions or investments should be taken by a single executive. Al Continue Reading...
Hospital Case Study In any case study, it is important to gather information concerning the topic, or "case," and then ask three questions. The questions are, "What's going on right now?," "What can we do about it?," and "What can we do about it?" Continue Reading...
Integrating the value of the code of ethics to the entire company can indeed help to prevent some unethical behaviors and that safeguards the company's corporate reputation (Vitell, 2006). Having the code of ethics in place, no matter how much emplo Continue Reading...
Corporate Social Responsibility (CSR). It puts light on the history of Corporate Social Responsibility (CSR). It also discusses the approaches for the implementation of Corporate Social Responsibility (CSR) and also the benefits of its implementatio Continue Reading...
This is why those service providers to other businesses often stress customer results in the core industries they compete in. These customer successes show the depth of expertise in a given area. These success stories make services tangible to custo Continue Reading...
All departments: marketing, production, distribution, sales, customer service should be trained for ethics. Company should become the flag bearer of equal employment and diversity as some measure has already been taken by the management. It is not j Continue Reading...
Also, overall organizational costs have increased as well. Thus, two central questions must be answered. First of all, what is the hospital's ethical policy on a patient's right to die? How can the policy be rectified so that it is coherent with the Continue Reading...
Critical Thinking Case Study Faith Community Hospital is a not-for-profit hospital and has a mission statement which is interpreted by everyone the way the want to interpret it. Their mission statement compels them to provide health care services an Continue Reading...
(Eljamal; Stark; Arnold; Sharp, 1999) To conclude, it be said that if we will not be able to master imparting the capability to think in a developed form, our profession, as well as perhaps our world, would be influenced and taken over by someone w Continue Reading...
It was also very interesting to note that many large suppliers may actually step in to help their troubled client. Again, this makes sense, especially if the client is a long-term business partner doing a major amount of business with the company. Continue Reading...
Business Law When most people think of securities fraud and corporate misconduct, they will often associate Enron to these ideas. This is because it went from being the tenth largest company in America to one the biggest bankruptcies in U.S. history Continue Reading...
Mergers and Acquisition Company Acquisition As a CEO, you are trying to acquire a foreign firm. The size of your firm will double and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying Continue Reading...
multi-channel (USSD, NFC,2d Barcode RFID,,WAP) enabled Mobile Payment System with multiple payment gateway integration (online). In this project, I present a product extension -- an extension on the existing mobile payment technologies and modules Continue Reading...
Denhardt & Denhardt report that "one aspect of compensation policy that has received substantial attention over the years is the comparability of wages and salaries in the public and private sectors. Efforts to make such comparisons are similar Continue Reading...
Business Society and Corporate Values There has indeed been a great deal of discussion regarding CEO compensation, which is rightly viewed as being completely out of line. The core problem and cause of inflated CEO salaries cannot be attributed to a Continue Reading...
Non-Instructional Services in Schools Replacing non-instructional personnel in schools with professional service providers is a controversial topic for several reasons. Parents and other stakeholders are naturally more reluctant to trust the welfare Continue Reading...
Stock Market Prices and the Media During the Tech Bubble Stock Price and the Media During the Tech Stock Bubble The world of stock trading at first gives the impression of a hardcore science. Prediction of stock movement is based on a complex serie Continue Reading...
Food Served in Public Schools The school nutrition environment, consisting of school meals and competitive meals, has actually properly gotten terrific attention due to the fact that kids eat, usually, one-third of their everyday calorie consumption Continue Reading...
Accounting, Cultural Diversity and Healthcare Administration: Law, Ethics and Policy The difference between the cash basis and accrual basis of accounting The cash basis of accounting is applied when revenues in an income statement are reported in Continue Reading...
Introduction Background In spite of the fact that its entire effects will not be acknowledged and well-known for numerous years, the 2007 – 2008 financial crisis is already deemed as one of the major financial problems in history. There is an o Continue Reading...
Finance Free Writing BlogThe contemporary issue that will be covered is on increased prices of gasoline in America. In November, it was reported that the average cost of a gallon of gas is $3.38, which is the highest price ever since 2013, this is ac Continue Reading...
Enron Ethics The Enron/Arthur Andersen affair was perhaps the worst business and accounting scandal in the history of the United States. Indeed, Enron was engaging in a massive amount of malfeasance at all levels of the organization while Arthur And Continue Reading...
HSBC BNP Comparative Analysis HSBC: An Outlook BNP Paribas: A Helicopter View Comparison Between HSBC and BNP Paribas in the Banking Field SWOT Analysis and the Bank's Operations in Middle East Especially in Dubai & Bahrain PEST Analysis An Continue Reading...
