Multinational firms must operate with some degree of independence in the different corners of the world, if only for practical reasons such as input procurement and the development of distribution channels. Political considerations have long had an Continue Reading...
Institutional investors are finding XBRL to be valuable from the standpoint of creating taxonomies that give them greater insights into the performance of the firms they hold significant stock share positions in. In addition, investment analysts wit Continue Reading...
The situations therefore are not analogous. I believe the Supreme Court also erred in finding that the knowingly corrupt act needed to be within the context of a specific investigation. If a criminal act is being undertaken, there is a reasonable ch Continue Reading...
com/article/144053-the-j-m-smucker-company-f4q09-qtr-end-04-30-09-earnings-call-transcript Occasionally, a firm will appear in the business media specifically for successes or failures in certain areas. Smuckers, for example, received an extensive w Continue Reading...
This suspicion seems to have become more prevalent in the wake of the collapse of the dot-com sector and Enron. Long-term investors polled about earnings accuracy for companies in 1990 and 2000 indicated that trust in the audit process had slightly Continue Reading...
There is a modern emphasis, which has resulted from the experience of the economic impact of disaster, on a more extensive and 'distributed' mode of thinking about disaster recovery. This is an important factor that should be stressed as it has dire Continue Reading...
By "spreading these large expenses over decades rather than years," WorldCom's appeared to do the impossible: "cut annual expenses, acknowledge all MCI revenue, and boost profits from the acquisition" (Moberg & Romar 2008). Who wouldn't want to Continue Reading...
Studies of the effects of channel management and customer management integration with ERP systems indicate that the greater the level of pricing, costing, and quoting system collaboration, the higher the return on investment (ROI) of these systems. Continue Reading...
This however is not possible under the form of governance and control seen in New Zealand. The other example is that of heavy regulation as found in the U.S. And the UK. This sort of regulation results in increased controls and governance because he Continue Reading...
This role is in response to clients' demands for a single trustworthy individual or firm to meet all of their financial needs. However, accountants are restricted from providing these services to clients whose financial statements they also prepare. Continue Reading...
Pharmaceutical drugs are among the most expensive products to produce globally and as a result have a major impact on the profitability of these firms. Without accurate financial reporting of these costs many investors have no idea of whether the co Continue Reading...
While it can be argued that auditors bear a degree of responsibility to evaluate management practices, Cousteau clearly took the view that on the whole the financial statements did accurately reflect the firm's circumstances; that the fraud did not Continue Reading...
The statement "What is worse is that it legitimizes the self-serving managerial behaviors" in the context of CEO pay. This statement I agree with as CEOs have used governance to rationalize giving themselves exceptionally large raises without accoun Continue Reading...
In fact just the opposite is the case, with case studies indicating that employees hired at outsourcers for the more menial tasks lack the necessary educations and professional backgrounds to do them competently (Rottman, Lacity, 2008). The paradox Continue Reading...
Sage, who has seen how costly application customization can be, has created a series of template-based charts of accounts, with the last count indicating they had over 70 of Charts of Accounts that could be quickly used by customers to customize for Continue Reading...
The ratios are symptoms rather than problems. Thus, we see the emergence of ratios as a diagnosis tool rather (Johnson, 2008). These tools must then be used in concert with more in-depth analysis techniques and the collect and interpretation of othe Continue Reading...
"When Congress returned in 1934 to complete the federal disclosure tapestry, it created express private causes of action for misleading reports filed with the Securities and Exchange Commission (SEC) as part of the newly enacted continuous disclosu Continue Reading...
These three strengths of their content methodology, depth of expertise in the Asian manufacturing sector, and commitment to being a leader in electronic enablement and IT form a defensible competitive position. As a result, the company is well posit Continue Reading...
Today Halliburton must address transparency and compliance to the U.S. Government, the Securities and Exchange Commission (SEC) in accordance with the Sarbanes-Oxley Act, and also the shareholders. This has added cost and time constraints to their s Continue Reading...
There is nearly a constant influx of new technological developments in this industry as well, which only makes the task of staying current with them all the more challenging. The intent of this paper is to describe how Blizzard would be able to stru Continue Reading...
Financial Analysis Over the past decade, increasing attention has been paid to the issue of corporate governance. As a result of multiple major scandals, new laws have been passed and the role of the SEC has been expanded. Sarbanes-Oxley introduced Continue Reading...
In 2003, he resigned both posts as news of the twin scandals emerged. The Air Force froze the contract that Druyun had negotiated, precipitating Condit's resignation and retirement. Condit had joined Boeing in 1965 as an engineer and moved into man Continue Reading...
Not only is there a substantial monthly provider savings but there is also a reduction in the need for an it person to work on the phone systems. While their web site says not it tech needed, (Skype) there is always some tweaking to be done and a mo Continue Reading...
Further diversification is also recommended. Given the pace of change in the industry, the reliance on PC operating platforms and office software packages must be reduced. The risk of an entirely new technological paradigm emerging is high, so Micro Continue Reading...
In developing countries, consumers are more affected for two reasons. One is that consumers are more likely to buy raw ingredients. Without manufacturing entities to absorb some of the commodity price increases, consumers are left to absorb almost Continue Reading...
Like most litigations on such complicated issues the company had little to do but show reasonable accommodation, adopt better surface practices and wait out a lengthy period before their liability was reduced substantially by the courts. Ethical an Continue Reading...
The lack of coverage of Russia just becomes more noticeable when one considers the invasion of Georgia earlier this year. For Russia, their partnerships are more about military domination. The author does not discuss their being a world power in the Continue Reading...
Accounting Accounting professionals are not often thought of as leadership material, at least until they build a strong background in finance or another discipline. They possess valuable skills, but those skills are viewed more as a staff function Continue Reading...
Moreover, many firms do not groom their CFOs to one day take the top position, wary of just such limitations. In many industries, CFOs are not suited to the CEO role, because their skills do not reflect the key competitive advantages of the firm. H Continue Reading...
Third, the information systems implications also need to concentrate on how to manage pricing and discounting across product groups and also across payment methods. This is an area where small businesses can gain significant competitive advantage a Continue Reading...
Confucianism is not followed in strength. The modern context of this ancient philosophy was enquired into first by Max Weber. The conclusion was to include it into one of the world's major religions and it is "least conducive to capitalist developme Continue Reading...
(5) Auditors and CPAs should consider several ways that the Sarbanes-Oxley Act and SEC implementation rules as a whole impact accountants and work closely with regulators to address these effects. (6) Public accounting firms need to reconsider exter Continue Reading...
This many products is a detriment to supply chain, product forecasting and overall company cost containment and growth. Opportunities Despite a growing level of consolidation in the market among chocolate and confectionary vendors, the heterogenei Continue Reading...
From this broader perspective and in their planning and operations they have changed the term 'stockholder' to 'stakeholder' to cover employees, customers, suppliers and the community at large. With the growing complexity and dynamism brought about Continue Reading...
Capitalism does force us sometimes to make decisions in a context narrower than we need in order to make them morally, socially, environmentally (Rolston, 1988, p. 324). Rolston points to several cases of corporate myopia that was changed as custom Continue Reading...
The real demand i.e. The received orders are taken into account in this system, whereas the Material Requirements Planning system is based upon the concept of expected orders. The Material Requirements Planning system continues however the design m Continue Reading...
The ability to parse through the many records of transactions, customer contacts, and many other items stored electronically creates the foundation for data mining's definition. Data mining specifically is defined as the process of data selection, e Continue Reading...
If the right employee is chosen then the knowledge that they gain while abroad can be a valuable asset when they return home. They develop an intimate relationship with a different market than the parent company. This knowledge can help the parent c Continue Reading...
The function of marketing communications is also the integral part of any new product introduction process in a company as well. In fact, Toshiba America, known for their laptop computers, has the product launch and introduction managed as a project Continue Reading...
Also people enjoying decent salaries with huge remuneration believe that their level of performance is so high that they are working on low salaries. (Vickers, 2005) at the time of the boom during the 1990s because of the unparalleled stock options, Continue Reading...
