185 Search Results for SEC the Mandate of the
The move essentially confirmed that the market's valuation is not rational. Moreover, it allowed financial institutions to escape some degree of punishment by investors by recording values for bad assets that are unrealistic. This could be viewed as Continue Reading...
Fraud Examination
Introduction
The Securities Exchange Commission issued a ruling on its website against Panasonic Corporation. It had investigated the company for violations under Section 21C of the Securities Exchange Act of 1934, and the investiga Continue Reading...
Legislative Process
Federal mandates are orders from a central government that require compliance by state and local governments and individuals. Many times, mandates are signed into law "without the federal funds to support their execution" (Zaret Continue Reading...
Regulatory and Compliance
Auditors, consultants and security professional owe to their clients stakeholders a duty of care in the performance of their duties. The duty of care requires these professionals to observe prudence in all circumstances reg Continue Reading...
Ethical Imperatives for Rational Paternalism in Advisor-Client RelationshipsInstructions:2/ Here is the one issue that I still dont have clarity on: what is your operational definition of rational paternalism for the purposes of your study? Here are Continue Reading...
Ethical Imperatives for Rational Paternalism in Advisor-Client RelationshipsDissertation ProposalAbstractThis study seeks to understand the role of ethics and rational paternalism in the practice of financial advising. A significant amount of researc Continue Reading...
Sarbanes-Oxley Act of 2002
administration as also a majority of other western administration witnessed the collapse of corporate giants like Enron & Worldcom in the aftermath of noticeably fraudulent executive actions of these companies. This l Continue Reading...
Introduction
In 2016, the chief accountant of the SEC, James Schnurr, announced that he would not recommend that the SEC should mandate, or even offer the choice, for US companies to use International Financial Reporting Standards (IFRS). This annou Continue Reading...
International Financial Reporting Standards
IFRS and Canada
Canada was one of the first prominent nations involved in the North American Free Trade Agreement to consider switching their financial reporting to the International Financial Reporting S Continue Reading...
Wealth, Power and Insider Trading on Wall Street
In today's increasingly internationalized worldwide economic system, defined by the expansion of multinational corporate conglomerates into foreign shores, the necessity for effective and efficient fi Continue Reading...
Wal-Mart's Annual Report:
The role of ethics and compliance in a business can be described as the link between the business environment and the three levels of the organization or business. These levels are the macro level, which is the national or Continue Reading...
Accounting
Several terms and definitions are valuable to understand financial statements. In the United States, financial statements of public corporations are produced in accordance with the U.S. Generally Accepted Accounting Principles. These prin Continue Reading...
SEC that is responsible for the policing the accounting and ethics of publicly held companies is:
Public Company Accounting Oversight Board.
The financial statement that summarizes the assets, liabilities, and stockholders' equity of an entity at 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...
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...
Sunrise Foster Senior Community
The Older American Act (OAA) was signed into law by President Lyndon Johnson on August 14, 1965. The purpose of the law was to provide for the needs of an increasing number of older persons in the United States. The s Continue Reading...
Explain the Securities and Exchange Commission's rationale to charge Cardillo executives with each of the following violations:
Making false representations to outside auditors
Without a doubt, executives of Cardillo Travel Systems made incorre Continue Reading...
Accountants Responsibility
Introduction to Accountant Responsibility
Essentially, accountants have a responsibility a number of parties, with the major parties in this case being the government, clients and third parties. In today's capitalist soci Continue Reading...
Accounting Question on Form 8-K
The process used to regulate the submission and examination of corporate financial document filings -- which is overseen by the United States Securities and Exchange Commission (SEC) -- is fundamental to the sustainab Continue Reading...
Wal-Mart Stores, Inc.
Comprehensive Analysis of SEC form 10-k and the DEF-14A Proxy statement
Contents
1. Background 1
2. Walmart’s Business Strategy 3
3. Stakeholder Evaluation 4
3.1. Internal Stakeholders 4
3.1.1. Shareholders 5
3 Continue Reading...
28)
This quotation shows how arbitrary MTM can be. Simply by terming Enron's cash shortage a sa minority interest as opposed to the proper term for it, debt, Enron was able to manipulate MTM to prevent such a sizeable loss from appearing on its bal Continue Reading...
In the first-round survey, a majority of investors cited diversification as their main objective in allocating to hedge funds. Among the second-round interviewees who were planning to increase their target allocations by 10% or more, half named dive Continue Reading...
Ethics in Business: Accounting Standards
Accounting Standards
Ethics in Business
Accounting Standards
The objective of this work is to address the relationship among the FASB, SEC, and PCAOB and to provide explanations of basic accounting theorie Continue Reading...
If both parties agree, another alternative dispute resolution method may be used. Specific reasons must be in writing for any decision to terminate the tenured faculty member.
The post-tenure review process is mandatory when an administrator is fac Continue Reading...
Earnings were strong for employees as well as shareholders. Many employees owned stock or were dependent upon a rising balance sheet to ensure that they received their bonus and salary. Additionally, as at HealthSouth, there can be kind of a 'groupt Continue Reading...
JPMorgan Chase, the biggest bank in the United States, incurred enormous losses in the summer of 2012 from investment decisions made by its Chief Investment Officer (CIO) worth $5.8 billion. While JP Morgan was the only major profitable bank during t Continue Reading...
Rank VI personnel:
senior technician;
supervisory staff, chief technician, assistant to specialists, 1 senior secretary, graduate trainee.
Rank VII personnel
Senior clerical staff technician senior clerk, senior switchboard, security supervisor Continue Reading...
The Act authorizes the Office of Personnel Management (OPM) to contract out with private health insurers to offer at a minimum of two multi-state qualified health plans (to include at least one non-profit) to provide individual or small group cover Continue Reading...
Investors want to know how a stock will perform in the future, not just its historical value and capital maintenance expenses.
What arguments can be raised against the "politicization" of accounting standard setting?
One accountant believes that t Continue Reading...
A primary is another system of electing delegates with a mandate to vote for a given candidate. Unlike caucuses, primaries are votes conducted by the government on behalf of the political party. This vote can be open, closed, semi-closed or semi-op Continue Reading...
Instead, by transferring budgetary control to the Director of National Intelligence, IRTPA forced the various intelligence agencies to unite under a single, coherent leadership, if only to ensure the continued flow of funds towards their respective Continue Reading...
72). Therefore, the effect of the Act is this regard is positive. The same article states, "many districts, however, do not have the resources to implement them. Almost all (97%), for example, said they did not have the money to extend the school da Continue Reading...
How many value-added units is the teacher-scholar producing?" and, Van Luchene continues, "Lip service is paid to educational considerations beyond quantitative measures... [and because of that] we stand to lose the vitality of our educational syste Continue Reading...
Private University is selling a share, or something else. At the outset of the Act, "security" is defined as "any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest o Continue Reading...
Asset Allocation and Industry Sectors:
There are several economic concepts that affect an individual's daily finances and investments such as asset allocation and industry sectors. Asset allocation is primarily described as the manner with which an Continue Reading...
International Financial Reporting Standards (IFRS)
Generally Accepted Accounting Principles (U.S. GAAP)
US GAAP is the general accounting principles, standard, and procedures that the U.S. companies follow to prepare their financial statements. GAA Continue Reading...
Even if entirely subjective performance appraisals are useless, I would expect that there is a way to incorporate both objective and subjective elements. I would also agree that in-service training is even more important than performance appraisal, Continue Reading...
' Purchasing agents can place orders, gather information, and communicate with different organizations from any place at any time" (Martin & Hafer, p. 41). Following the introduction of the Internet, many purchasing departments and purchasing rep Continue Reading...
The examples cited by Thomas and Smith (1997) are the political concern with discrimination in insurance pricing, leading to numerous papers on underwriting; and proposals to change accounting standards for pension costs, leading to a flurry of effo Continue Reading...
Employee Satisfaction with a Company's Review Process
The following research examines the reason for a decline in employee satisfaction regarding the review process at XYZ, Inc. The results of the survey revealed that sample biases may have confound Continue Reading...