WorldCom Prior to the corporate financial scandal, WorldCom was one of the largest long distance telephone companies (Reuters, 2003). Initially headquartered in Mississippi it later moved to Virginia. The company grew fast by acquiring other compan 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...
blow the whistle" on what you heard in the garden? If so, how will you blow the whistle? If you decide to blow the whistle, what are your reasons for doing so? Your discussion should reflect knowledge of what Boatright says about issues, problems an Continue Reading...
Forms of digital money have been on the rise in the past few years. Today, a broad assortment of transactions can be undertaken without using cash and conventional types of money. Cryptocurrency is the latest entrant. Since the emergence of Bitcoin i 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...
New Jersey's Budget Crisis Matt Bai and David Leonhardt agree that the rising cost of state government and the lack of fiscal restraint on the part of local and state government leaders has lead us to the budget crisis that many states are facing in Continue Reading...
Sarbanes-Oxley. The political pressure of the past several years following the dot.com bubble and the collapse of several major companies created a need for new securities legislation, which culminated last year in the Sarbanes-Oxley Investor Protec Continue Reading...
The reason for this shortfall, as noted by the Balance Budget website, emanates from pension costs, previously agreed to cost of living pay increases, rising health care costs overall and a general weakness in the overall economic recovery that has Continue Reading...
Actions that warrant for boundary should be on a written document and be available to employees at all time. This system should also take care of verbal and nonverbal agreement of contract expenditure, and no cost approval beyond the budget unless b Continue Reading...
). On the other hand, this asset liability matching [provoked] a move into bonds which, coupled with the low-interest rate environment, [meant] that pension funds [were] are also been forced to think harder about how to generate return." (6). As a r Continue Reading...
The company's promotional literature emphasizes the synergistic effects of this corporate structure: "IAG combines the two leading airlines in the UK and Spain, enabling them to enhance their presence in the aviation market while retaining their ind Continue Reading...
That experience also helped me understand the importance of sound economic and financial forecasting and the intimate connection between politics and economics at virtually every conceivable level. Having already had the chance to study economics a Continue Reading...
Financial Statement Fraud Report - Enron Financial Statement Fraud Report: Enron The Enron case made the news when investors and employees realized that the company's accounting practices were not in line with what the company was actually telling Continue Reading...
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...
Flow Inc. Insurance settlement proceeds are treated as operating cash flows under ASC 230. Thus the receipt of the $20 million would be operating. The investment of the $20 million into the company's pension fund would also be an operating cash flo Continue Reading...
.governments are created by law and are continuously regulated by legal provisions found in constitutions, statutes, charters, ordinances, administrative regulations, legislative resolutions and judicial interpretation… the accounting system mu Continue Reading...
Ethical and Legal obligations in financial reporting is extremely important in today's world, fraught as it is with corporate frauds and accounting scams and scandals of every other sort. One Company, the Thornburg Investment Company, has taken a fir Continue Reading...
Psychology, Financial Decision-Making, and Household Management Reason for Selecting Subject The reason I chose this subject is that in the recent times, the aspect of financial education and understanding has become a contentious and significant o Continue Reading...
The lenders loan funds to the lessor but look to the credit of the lessee and the equipment value in the event of default. In other words, the lending is non-recourse as the lessor is not responsible to repay the loan in the event of default. The le Continue Reading...
Despite this fundamental difference, financial and compliance managers work together as healthcare organizations make decisions to lower cost, increase revenue, and improve care. The concept of lowering cost while improving care presents a complex d Continue Reading...
Financial managers and CEO's play important roles in ensuring that organizations meet their specific goals. The skill levels for both positions are high and require a great deal of patience and experience. The purpose of this discussion is to determi Continue Reading...
The integrity of the financial sector of these organizations controlled by state agencies and related services, would improve. The provisions offered by the act would serve as models based on which standards for other non-profit organizations can be Continue Reading...
" (Bawer, 2005) Thus, culture and a higher cost of going out both come into play. Europeans have more health care and social services than Americans, but they still also pay more in taxes. True, they have better public transportation as well -- but g Continue Reading...
IBM vs. Microsoft Comparison Between IBM and Microsoft How different corporate emphasis upon hardware vs. software affects accounting practices and financial records IBM and Microsoft are two technological behemoths. Both companies have been criti Continue Reading...
In the past, to finance acquisitions, the firm has mainly utilized "short-term debt and repaid such debt through the subsequent issuance of equity and long-term debt." The company has $11.5 million in variable rate debt which, if the interest rates Continue Reading...
Employee benefit packages (especially healthcare and other areas of governmentally-mandated benefits) and pension plans must be carefully and conscientiously maintained, with the primary -- even the sole -- purpose of providing Riordan Manufacturing Continue Reading...
Long-Term Financial Planning FedEx Corporation FedEx Corporation was established in 1971 and the company has four distinct business segments that include FedEx Express, FedEx Ground, FedEx Office and FedEx Freight. Over the years, the company has o Continue Reading...
British Airways is the largest international scheduled airline in the United Kingdom. It was founded in 1974 through the nationalization of four UK carriers. The company is strictly focused on the airline business, with different segments being domes Continue Reading...
At the time, it seemed like employees had little need to worry. PGE assured its employees with sunny words that Enron was doing well, and employees saw their investment portfolios growing. They felt assured that their futures were secure. After all, Continue Reading...
applying for the SEO internship on Wall Street for several reasons. Foremost is my great love of finance, particularly the investment field. My major AT WHAT UNIVERSITY is finance and accounting, and I have found my major suits me perfectly, which i Continue Reading...
Certain accounts receivables may not be collected, affecting actual cash flow; inventories do not necessarily represent finished or saleable products; revenues do not include discounts given post-shipment; pension plans are accounted for in a confus Continue Reading...
Taxation: Should the UK Government Restore the 50% Additional Rate of Income Tax? Debate surrounding the controversial 50 pence additional rate of income tax for high income earners hit the limelight again at the beginning of this year following Sha Continue Reading...
Ganga Pharmaceuticals is a multinational Indian corporation that competes in the manufacturing of pharmaceuticals and related research and development with annual revenues of about $285 million. The company features one of the largest biotechnology p Continue Reading...
While the insurance companies worked to satisfy claims there were so many of them that there were backlogs for months at a time. Clients were left to figure out how to survive without having insurance money in their hands and tempers began to flare Continue Reading...
Merging 401(k) Plan The issue of vested and unvested employees is rather complicated. We need to analyze the facts and create several other groups, according to the 'vesting' intervals they find themselves in. We need to address the issue of the ve Continue Reading...
Unethical/Criminal Conduct following the Equities Market Crash 2000 to 2002 This paper is a discussion of the identification and analysis of unethical and criminal conduct following the equities market crash from 2000 to 2002. The paper begins with Continue Reading...
Investors, however, are likely to see through these changes. The company's turnaround is striking, but many of the changes are listed in the annual report, the depreciation change in particular. The listing of that change on the statements was undo Continue Reading...
2007 Economic Crisis on American Car market Effect of the 2008 global economic crisis on automotive industries Crisis in the United States Crisis in Canada Crisis in Russia Crisis in European markets Crisis in Asian markets Effects by other r Continue Reading...
