accounting discipline has taken a public relations beating over the past few years as a result of scandals in corporate accounting; much of this abuse has been well-deserved. Regulations regarding conflicts of interest, independent monitoring, repor Continue Reading...
When this happens, actuaries can use the data that was collected to provide a clear picture of what is taking place inside the various segments of the firm. ("Sarbanes-Oxley Act") (Holland)
Obtaining a complete list of all business units is where t Continue Reading...
Analyzing a Personal Accounting Ethical SituationMaterial MisstatementsThis memo is to address the fact that what appear to be material misstatements have appeared in our companys financial statements.As a publicly traded company, we have a legal and Continue Reading...
The company's efforts to sell globally make this aspect of their ethics and online initiative programs noteworthy according to Saywell (2002, May). The use of online initiatives to protect intellectual property rights online, in addition to the prot Continue Reading...
CPA Advice for Homer Simpson
Homer Simpson
FROM: CPA & Associates
Economic Substance and Moe's Business Plan
Mr. Simpson:
I appreciate your contact regarding economic substance and my recommendations as to if you should enter Moe's business 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...
Audit Quality and Agency Theory
Auditors have existed since the 1300's and for most of that time, their role remained the same. Auditors were the life-line of governments and businesses, helping establishments maximize profit and efficiency, the ben Continue Reading...
Arthur Andersen
Chapter four of our text explains the mandated requirements for legal compliance. The following requirements apply to the Arthur Andersen case. Certainly, accountants are very important in this mix because they are the watchmen for t 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...
Loyalty to the client was clearly placed above loyalty to the overall public good and the standards of the profession. "Enron paid Andersen $25 million for its audit…and $27 million for 'consulting' and other services" which meant that Anderso Continue Reading...
Alternative 2
Nike should consider training leaders in labor relations and define corporate responsibility requirements. The products that are developed should undergo environmental checks and balances to ensure safe materials are used in the desi Continue Reading...
career interest is accounting. Accountancy is the process of evaluating the financial information about business entities to users such as the managers of the shareholders (Elliot, & Elliot, 2004). Accountancy falls into three areas: accounting, Continue Reading...
Gene Rogers who served as the medical director for Sacramento County's Indigent Services program for the most of the last decade who has "waged a long fight against the central California country's practice of providing non-emergency medical care to Continue Reading...
Ethics and CSR
President Barack Obama
White House
Dear Mr. President:
First, let me congratulate you on your recent stance regarding both the U.S. Budget and your healthcare package. Indeed, both of these issues speak to the reason for my letter Continue Reading...
Organizational Communications
Operational Reporting
Operational reporting is a key part to the every day grind of a business. It helps the flow of daily operations while providing fast and reliable reports of day-to-day activities. All businesses h Continue Reading...