Essays on Audit

Institutional of Affiliation:

During my early days in school, I had a great passion for numbers and arithmetic, which at the time involved basics tasks like addition, and subtraction. I was later on introduced to general calculations, and Finance related Arithmetic. Dealing with these made me realize my inner desire to become an Accountant. I have since then pursued my passion by taking every opportunity that comes my way. After completing high school studies, I volunteered to work for an auditing firm, a job that kick started my accounting career. Although all I received was just a token as a show of ...

Planning the audit

This is usually the first step in any audit. It is important to have a plan for an audit so as to ensure that the audit will be effective. During the planning stage, the auditor collects information about the organization where they will perform the audit. Such information is usually obtained after the auditor has been contracted and they have a meeting with the organization. The meeting with the organization is very important for the auditor. The meeting provides an opportunity for the organization to communicate to the auditor what they exactly need from the audit. The organization will ...

Benford's law also known as the first-digit law deals with the distribution of natural numbers in which it tends to major into their importance regarding significance. The law states that given any arrangement of natural numbers, the smallest number always seems to be the most significant while the largest number in the collection is always the least significant. Therefore, number 1 appears to be the most significant in any given combination of natural numbers 30% of the times. While on the other hand, number 9 appears only 5% of the times as the most significant number. The law states ...

Discuss the positives and negatives of corporate culture in the competitiveness of a firm. Relate how firms should deal with different corporate cultures in mergers and acquisitions. According to Wheelen and Hunger (2015), "corporate culture fulfills several important functions in an organization. It conveys a sense of identity for employees and helps generate employee commitment to something greater than them. It adds to the stability of the organization as a social system and serves as a frame of reference for employees to use to make sense of organizational activities as well as a guide for appropriate behavior." One of ...

Business Audit: Coca Cola

Business Audit: Coca Cola

Executive Summary

This report takes a look at the business audit of the Coca-Cola Company. After introducing the audit, a brief background of the company is given. This is followed by a macro-analysis of the company. This analysis deals with the management tool i.e. PESTLE which details Coca Cola’s political, economic, social, technological, legal and environmental analysis. This is followed by a micro-analysis i.e. the financial data relating to Coca Cola. The competitor analysis of the company is next in line. This includes the strategic groups in Coca Cola’s line of business. A perceptual mapping ...

Social work practice in organizations

The logic model for programming and evaluation The article stipulates that a logical model is a tool used by program managers to determine the effectiveness of the created programs. It focuses mainly on planning. The plan is usually based on a verity of elements that entails situations, inputs, outputs and outcomes. The process is also affected by external factors including the environment and other related programs. The results of the process can be a short, medium or long term. For effective planning, the development of measurable goals might help determine whether the planning process is active or not. An ...

Introduction

The financial crisis of 2007/9 was the worst in the U.S. since the Great Depression of the 1930s. It was the cause of the failure of some of the biggest financial institutions including Washington Mutual which was closed in 2008, and its assets transferred to JP Morgan. In 2008, the crisis reached its peak with loans dropping dramatically to the lowest levels to be witnessed in a half a century. For example, new loans to large borrowers fell by 47 percent in the fourth quarter of 2008 as compared to the previous quarter and by 79 percent relative to ...

Abstract

The Air transport industry is growing globally and specifically in the Asia-Pacific region as the demand for air transport services grows and infrastructural development continues. Singapore has emerged as an important air transport hub in the Asia-Pacific region owing to its strategic geographical location, developed infrastructure, connectivity to other regions of the world, and its well-defined regulatory environment. Singapore is a major air transport hub as it is strategically located in the Strait of Malacca which puts it at the crossroads of important air routes, particularly between major economic blocs such as Japan and Europe. The emergence of Singapore ...

Charity 1: School PTA

The Parent Teachers Association in focus is a charitable school organization in a primary school. It is made up of volunteers who consist of parents, guardians, alumni and teachers who come together to generate resources for school programs, events or the acquisition of resources that are not included or planned for in the school budget. The PTA’s committee is made up of five executive members and other volunteers selected during the School’s Annual General Meeting held every September. The Executive position on the PTA Board include; the Chairperson, Vice Chairperson, Secretary, Treasurer and the Vice Treasurer. The ...

Cardillo Travel Systems

The Cardillo Travel Systems case shows the way the management cooked up the books only to be caught later. This essay will attempt to answer some questions on this case. False Representation to External Auditors: The executives at Cardillo Travel Systems were aware it needed to maintain a minimum of $3 million of stockholder’s equity threshold established by the court outstanding against the organization. (Ritterburg, 2012). This was the reason that shaped their intent to falsify the organization’s books to misrepresent facts before investors and creditors. The issue started with the accountants at Cardillo making an improper ...

An Assignment Submitted by

Narrative Report After a thorough investigation, it was revealed that two individuals, namely Mr. Smith, the associate director of purchase and Ms. Bad, his administrative assistant, implemented a fraudulent scheme using the corporate funds for their personal gains. The analysis of the evidence determined that these two individuals managed to buy items for personal use instead of the planned corporate purchases. This activity resulted in the loss of $8,795.60 of corporate funds. The investigation came to the conclusion that the main culprit of the fraudulent scheme was Mr. Smith due to his status as the associate director, the ...

Introduction

The SOX (Sarbanes-Oxley) Act was enacted in 2002 by the Congress of U.S. As President Bush signed the Act, he characterized the law as the most far-reaching reformations of business practices in America business practices since the reign of Franklin Delano Roosevelt." The motive of the legislation was to protect investors and the public in general, from fraudulent practices and accounting errors in business. The bill also aimed to better the corporate disclosures' accuracy. The Security and Exchange Commission (SEC) of the U.S. is in charge of the act, publishing rules and setting compliance deadlines on requirements. The Act ...

Re:

Introduction

In 2000, the Chief Executive Officer (CEO) of Qwest, Joseph Nacchio, was charged civil and criminal liabilities after it has been found that he violated the provisions of GAAP against fraud and insider trading. He was sentenced to six years in prison in 2007 and was slapped with a $19 Million fine and a forfeiture order for proven illegal stock sales transactions worth $52 Million. In this memo, the author discusses the different aspects of Qwest’s case, emphasizing the role of GAAP and the PCAOB.

The Generally Accepted Accounting Principles (GAAP) refers to a standard framework of ...

The U.S Securities and Exchange Commission refers to the United States’ agency that is tasked to enforce the securities laws, policies and guidelines, including the country’s stock and options exchange activities. It is the objective of this agency to “ protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation” (U.S, 2017). One of the main roles of the SEC is to ensure that investors who turn into the securities exchange market are protected and activities that are geared towards capital and investment formation are sustained for economic growth.

The Creation of the PCAOB

The Public Company Accounting Oversight Board (PCAOB) was ...

Possible Deliverable

The client expects that certain standards are developed in the newly merged organization that sets the guidelines for expected and unexpected behaviour. It is obvious as the merger has created a precarious situation for the employees from both companies as they must have learned different guidelines during their employment term at PALEDENIM or UWEAR. Therefore, to settle employees and educate them about the new guidelines in the merged company, it is best if a new set of guidelines is developed that settles the employees from both companies. These guidelines will become part of the new code of conduct for ...

One of the considerations that the HR person should have is the individual’s skills and performance. This would address the person’s actual job tasks. The person’s abilities would also be a consideration. The abilities vary from physical, mental and stamina abilities that are required to perform the job effectively. The person’s integrity is also a consideration. The HR ought to be interested in the applicant’s attitudes, honesty, dependability, reliability and trustworthiness especially because they will have high-level access to the company. The HR should focus on the applicant’s likelihood to engage in inappropriate ...

Introduction

This report is a critical analysis of an ethical dilemma in the workplace. It will include the evaluation of the facts of the case in order to establish the fundamental issues and matters at stake. From there, a review of the fundamental theories of the situation will be conducted. This will culminate in the identification of the different approaches and views. Afterward, there will be the application of the theories to the facts of the case in order to conclude with recommendations on how to deal with the issues at hand. This will include the review of important theories ...

Significant Areas Addressed by Management

Cedar addresses the compliance of the guidelines of Government Accounting Standards Board in the city accounting reports. Compliance to (GASB) regulations through the provision of an overview of its financial performance for the fiscal year Accounting Policies Utilized by the City The policies include Analysis of financial statements The policies of liabilities, assets, deposits and investments (Rodenbeck, 2013) Statistical Section The statistical section will cover the computational outcomes of the management decisions. For example Depreciation of capital assets over the respective annual ranges The effects of deposits and investments Determining the values of the net assets, and its liabilities ...

What is a 'Ponzi Scheme', how it Works and How does it Collapse?

A Ponzi scheme represents a fraudulent investment trick where the promoter pays return on investment to previous investors from the money invested by new investors instead of the money earned through profit or gain. Customers are promised to receive higher investment returns, compared to market averages, with no risk at all since they will be paid from the money provided by new clients. This investment scam requires an ample flow of clientele for powering the whole fraudulent system. A Ponzi scheme comes into existence when the promoter is able to cllect initial investment funds from a person. This scheme ...

Introduction

Accounting is loosely defined as the action of keeping accounts that are financial in nature. Careers in accounting are numerous. They include auditors, accountants, Bookkeepers and Management Trainees. Auditors are people with extensive knowledge in accounting. They are tasked with examining and analyzing the financial records of companies. Auditors are individuals who ensure that financial records are accurate and that remittance of taxes is done accordingly and in time. They are people who calculate the taxes that companies owe the Revenue Authorities. The auditors are individuals who suggest ways and mechanism of cost reduction and organize the financial records ...

The President,

United States of America. Introduction The concept of corporate ethics is widely accepted today. In order to stabilize the growth and development of the overall U.S economy, industries regardless of their nature or size must be instructed to follow certain ethical guidelines. In the current corporate environment, it is advisable for the U.S government to introduce three key changes to its corporate governance framework. First, there should be a single body or statutory regime to deal with corporate governance affairs in the country. Second, corporate ethics is essential to distinguish the roles of chairman and chief executive officer in ...

Introduction

The increasing use of electronic devices like mobiles and laptop has necessitated the constant supply of power. A power bank is increasingly becoming a ‘must have’ for people on the move. Kazam Mobile, the startup mobile company has come up with its Kazam Power Bank (KPB) which can power the batteries in use in mobiles and laptops. This report starts with the corporate objectives of Kazam. This is followed by a market overview of the power bank market in the UK. An internal and external audit of the market would be presented thereafter. The assumptions for the power bank ...

An Overview of the Standard-Setting Industry And Its History

Introduction Accounting Standards have been in existence since the beginning of the recorded history. Some of these standards were set up by rulers or reigning kings. However, as the world developed, States started coming up with bodies aimed at controlling the quality and standards of products and services in the accounting sector. In the ancient world, the man used to come up with standards with a desire of harmonizing his activities with important changes in the environment. Some standards were also set in response to a rise in needs in the society. The standard setting body in America was ...

Understanding Financial Statements (John Deere)

What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years? As we could see from financial statement of John Deere Company, the sales are decreasing for past three years (2013-2015 – the latest available data). There was almost $35 billion of Sales in 2013 and only nearly $25.7 billion in 2015. This is the major fact of financial performance. As a result, Net Income failed to $1.9 billion in 2015 from $3,53 billion in 2013 (second fact). And the last fact is that Total Costs are ...

Introduction

Earnings or Net Income is the single most important figure in a company’s financial statement for the average investor. Even a small fall in the reported earnings can result in the loss of millions of dollars in stock value and subjects company managements to scrutiny by investors and financial analysts. Corporate executives are under therefore under pressure to meet market expectations resulting in “earnings management”. Earnings manipulations can range from minor adjustments within the law and the accounting standards to the outright fraud of showing non-existing profits (Carruth, 2011). The Sarbanes- Oxley (SOX) Act of 2002 was enacted ...

Abstract

The Madoff Securities scandal was one of the biggest Ponzi schemes to hit America. This essay would examine the Madoff scandal from an audit perspective since it was the complacency (or collusion) of the auditors that encouraged the perpetrator of this scam. While the scam that was pulled by Bernie Madoff, was both large and difficult to spot, its detection also helped expose a crucial flaw that existed in corporate America at the time. This was the lack of regulatory oversight in the Securities business. While one could lay the blame for this scandal on the Regulator, another important ...

Introduction

FERPA require the integrity and confidentiality of education records to be maintained at all costs. Thus, all information relating directly to college and university students must be safeguarded against access by unauthorized entities and individuals. However, FERPA gives an institution the legal right to access the records containing information of its students (United States, n.d). Therefore, administrators and faculty members with educations interests may access the confidential information relating to the students, but in some cases, the consent of students is sought before such access is legally permitted. Students are given legal rights to make corrections of their education ...

Introduction

Risk assessment is an intensive process that involves defining the nature of the risks, their location, and ways of mitigating the risks recognized to allow smooth operation of the organization. The risk assessor must identify every system, process, and individual included. In addition, he/she should identify the relevant vulnerabilities and threats (Pompon, 2016). Risk assessment considers every aspect of information security that entails the environmental and physical, management and administrative, in addition to the technical measure.

Risk Assessment methodologies

Asset Audit The approach considers the assets that are part of an organization and establishes if every asset is being safeguarded sufficiently. This ...

Coca-Cola Enterprises is the largest manufacturer of soft drinks in the world. As a result, it sits on the 13th position in the 2016 Global 100 list of companies. Its operations affect the entire spectrum of sustainability from economic, social, and environmental. Its impact on the sustainability dimensions is further raised by the expansive nature of its operations. Its operations cover expansive business processes that include the supply chain, logistics, as well as waste management among others. As a result, the company inherently has a large carbon footprint. It was in recognition of this fact that the company took ...

Supply chains and the logistics associated with the same are something that all companies have to deal with at some level. This is true, of course, of manufacturing and product-based businesses. However, it is also true when it comes to businesses that supply services. Even if there is a marked difference between the two business types when it comes to supply chains, it is important to note that both supply chain frameworks and types must be taken seriously. The important aspects that exist within both frameworks would include the overall design of the applicable supply chain, how decisions are ...

Introduction

BMW Group is one of the most successful automotive companies in the world and is a considered a brand leader in the premium market segment in the United States. Despite competitive pressures within the market segments and among the low and mid-priced automotive, BMW’s vehicle volume sales continued to increase by 5.2% in 2015, thanks to the normalization of the global economy. Its revenues also increased by 14.6% and reached $92.2 billion while its net income reached $6.4 billion, a 10% increased from the previous year (BMW Group, 2016). As per location, Germany accounted for 42.6% of the ...

Introduction

Over the last few decades, there have been several changes in the roles of audit companies notably due to challenges that have affected the ethics and integrity of the institution of auditing. Traditionally, audit companies are mandated with the responsibility of analysing the financial systems, financial records as well as the compliance of companies’ financial reporting procedures with the specific national regulations. The effectiveness of audit companies in implementing these duties is extremely important in the public trust in business organizations around the world. Local and international investors rely on the accuracy of audit reports produced by audit companies ...

I hereby certify that this material, which I now submit for assessment as a continuous assessment project in Heat and Mass Transfer on the course 4th year in BEng (Hons) Mechanical and Manufacturing Engineering, is entirely my own work and has not been submitted in whole or in part for assessment for any academic purpose other than in fulfilment for that stated above.

Abstract

Energy is a depleting resource, making it crucial for people to be knowledgeable in implementing conservation measures at the domestic dwelling level. Scientific advances had made effective energy conservation technology increasingly more accessible due to innovative ...

The risk of non-compliance and non-conformance is critical in the development of any system and impacts the success of the development at hand. For developers, taking risks and being innovative is critical in the course of finding new solutions or developing new ideas. However, it is important to observe regulatory requirements that are set in the regulatory domain to ensure aspects such as safety and performance quality are observed (MasterControl, 2017). FDA and ISO regulations, in particular, are quality system regulations and concepts that require organizations or individuals to understand the regulatory obligations for the product or services they ...

Investing In Saudi Arabia Market

Investing in Saudi Arabia market Introduction The Saudi Arabia economy has for long been driven by the performance of the oil market. The entire economy has also been primarily managed by the government leaving little room for the private sector. The existence of many government bureaucracies has also in the past hindered the development of the private sector. The strict Islamic culture has also been a challenge for the operation of the business from the open economies. The period 2003 to 2013 marked one of the largest oil booms in the history of the country. The oil prices in ...

Background

Being a small sized nation and also one lacking too much of natural resources, it was mandatory for Singapore to adopt a policy of open trade. The overall trade in Singapore currently amounts to thrice its GDP. Moreover, Singapore possesses absolutely no exchange controls either on the inflows or the outflows of foreign currency funds through its residents and non-residents. Despite the presence of stricter controls over the flows of domestic currency, there is no control that the nation has on its inflow and outflow. The country is known to be following an extremely liberal foreign direct investment (FDI) ...

Issues in Business: Case Analysis – Risk Analysis

Issues in Business: Case Analysis – Risk Analysis

Introduction

The case study under analysis herein, assumes a larger business venture of an online streaming video service Netflix. The company, as any other commercial enterprise, needs to secure its online proprietary data, as well as protect its software learning environment from unpaid subscribers, or unauthorized hackers. Historically, the company just started one year ago, in the context of the case study. The perspective of this written report is from a consultant. According to Gill (2012) IT risk lays at the heart of business, although many treat this aspect “as an afterthought,” and ...

Background

Recently, Apple Inc instituted few changes in the Company’s Code of Conduct, particularly in China. It must be notified that more than 90 percent of their products are manufactured and assembled in China, which enforced the company to conduct operational audit and environmental audit in order to measure the tendency of deviation in production standards. The reasons for conducting the audits were the controversies related to labor mismanagement and environmental unfriendliness in China. According to Guglielmo (2013), Apple Inc announced that the inspection of facilities would be done by “Fair Labor Association” in order to evaluate the quality ...

Often abbreviated as SOX, the Sarbanes-Oxley Act was signed by the U.S. Congress into law in 2002 (U.S. Securities and Exchange Commission, 2013). The Act was designed to restore public confidence in corporate financial reporting and to initiate reforms in protecting investors from the possibilities of accounting fraud (U.S. Securities and Exchange Commission [SEC], 2013). Congress also enacted SOX 2002 to improve the accuracy of corporate financial disclosures as well as shield the public from bookkeeping inaccuracies (SEC, 2013). According to Jahmani and Dowling (2008), the SOX 2002 was intended to not only advance the accuracy and reliability of ...

The accounting and financial issues related to foreign direct investment are the conversion of foreign GAAP to domestic GAAP, translation of statements kept in foreign currency to domestic currency so as to prepare a consolidated financial statement and make required supplementary disclosures of the subsidiary operations. There are two issues of taxes that relate to foreign direct investment. First, the company is taxed in the foreign country where the subsidiary is located. Second, the domestic tax department will also tax foreign income. The company should calculate, pay, and subtract the amount of tax paid by a foreign subsidiary. This ...

Scenario a

The auditor should not be concerned about the bidding process in this case. The fact that Wright had won 12 of the 21 bids does not imply that the controls on the bidding processes are not effective. Provided the 12 contracts were awarded competitively and that due process was followed, it should not concern the auditor.

Scenario b

This situation should concern the auditor about the company’s controls for the bidding process. Wright won 12 of the 21 bids and in each case, Wright was the last to submit its bid. It raises questions about possible canvassing between the procurement ...

dd mmmmm yyyyy

Guidelines for Effective Decisions Making the organization more stable requires improving the processes that will permanently address operational problems. Changes will be enterprise wide and it is costly for an organization to do this frequently. Decisions have to be made on what changes to make and management should take note of the best practices on effective decision making. Relevant stakeholders should be identified and engaged to get their support to the eventual decisions. Their contribution in ideas and insights will also be invaluable. The more time that the stakeholders can be made to invest, the more ...

Embezzlement is a deliberate misappropriation of property by a fraudulent individual who is entrusted with the property. The fact that a legitimate office holder orchestrates the fraud makes it difficult to prevent its occurrence effectively. The success to deter such actions calls for a thorough recognition of the contributing factors that empower the embezzling officers, improvement of the control procedures, and a strict implementation of internal financial controls. The fraud triangle explains why people are lured into embezzlement and highlights three contributors of the vice; rationalization, opportunity and motive. This paper will examine the case for Baileys Books Inc. ...

There were several main red flags that were ignored or handled leniently by E&Y auditors in the audit of Health South. The most important were materiality in ledgers of fixed assets that were adjusted by including false entries and fictitious assets that did not appear in real. Another red flag related to the reality was noticed and ignored by the auditors that company’s officials were interested in increasing the share price of HealthSouth in the stock market anyhow. There should have been awareness of the fact that was avoided by auditors was an unusual increase in the net ...

Publicly traded companies such as Verizon Communications are required to prepare and file fully audited financial reports according that adhere to U.S. generally accepted principles (GAAP) and International Financial Reporting Standards (IFRS) guidelines. The importance of preparing financial reports is to assist users with information regarding a company’s financial performance to make decisions. Financial reporting analysis helps to determine whether financial reports have any material misstatement or omissions that would influence a potential investor’s decision. An analysis of Verizon Communications’ 2015 annual report will highlight whether the company is complying with accounting policies to ensure information provided ...

Essay

Careers In Accounting Accounting is always a demanding field, and amount of positions offered to potential employees is huge. First career option is an accountant. The most common responsibilities of accountants are bookkeeping, auditing of finance, tax preparation. Accountants are needed in the sphere of education, business, health care, government and some other ones. Salaries of accountants are increasing every year. Common educational requirement is to have bachelor’s degree in accounting. One who is eager to start career as an accountant should posses career focus. It will be good to have certifications in the professional sphere that will ...

a) Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? How? What evidence might you bring to the hearing? In order to prove to the Federal Trade Commission(FTC) that the recent merger between two companies will not increase the market power, we will be ...

Introduction

There is a requirement to guide the students choosing the accounting subjects what is the scope of this subject. How can they pursue their career of this subject? Once they are clear about the career options it will help them to opt right path.

Following are two career options for accounting students as future professionals:

Certified Public Accountant The students who choose a career in the public accounting must focus on auditing and tax functions. A Certified Public Accountant is a qualified and licensed accountant who can undertake the tasks related to auditing of financial statements and certifying various business documents . CPA is highly paid as well as a well-respected ...

Define and discuss time and space utility

Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.

What is the Total Cost Analysis and how does is affect logistics?

Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...

OPERATIONS SAFETY MANAGEMENT PLAN

General Considerations This Operations Safety Management Plan (OSMP) will apply to all staff as well as departments within the facility. Matters concerning security will be handled by members of the department of security who will be based in the facility. The members of the security have been adequately trained to perform tasks usually handled by security. However, the members of the security work on the presumption that they will not be armed anytime they are at work and that they are not authorized to engage in police activities. In a case where there is a need for police assistance, ...

Qualitative Research

Brief Description The interview was conducted among two people on the topic “Interpretation of the migration crisis”, which turned to be quite challenging due to the sensitiveness of the topic. First of all, it was problematic to find participants, as the majority thought that the answers may affect their social or professional life, even though I made it clear that the participation is anonymous. Secondly, one of the respondents refused to continue answering the questions in the middle of the interview without explaining the reasons. However, as this option was discussed before the interview, it did not affect the ...

Operational Plan for NAB Company

Key Aspects of Operations Initiating the operational activities of the company, Non-Alcoholic Beverages Company (NAB Co.) would require approximately 200 employees in single shift. The company would be regulating two shifts in a day. The organogram of 200 employees each shift would include production workers, monitoring teams, shift managers, and Melinda Cates in the morning shift. The evening shift would comprise with the similar pattern of labor utilization but Stephen Job would be regulating in order to cross check the morning activity. The company would need a 5,000 sq ft. space initially to place equipment and conduct the ...

BUSINESS: UNETHICAL BUSINESS PRACTICES

L. Dennis Kozlowski, CEO of Tyco International Scandal A fish rots from the top down. This phrase sums up the scandal of Tyco International when its CEO, Dennis Kozlowski, was found guilty on many fraudulent accounts. His actions were in direct violation of the accounting ethics. Kozlowski was arrested along with many of his company officials as partners in crime. When the CEO of a company is involved in violating code of ethics and professionalism, the employees and subordinates find it convenient to follow suit. Former chief executive and chairman of Tyco International, Dennis Kozlowski and firm’s CFO ...

What surprised me is the fact that accountants and auditors could play similar roles of preparing and checking financial records. I was also amazed by the fact that accounting professionals are also involved in ensuring that organizational operations run well regarding financial analysis and providing the relevant financial advice. The types of positions in the accounting field include; financial managers, financial advisors, those responsible for bookkeeping, and the individuals responsible for analyzing financial budgets. The jobs that resonated with me mostly include balancing the books of accounts and being a financial advisor. The reason for my choice is because ...

Health Care

Under conventional repayment protection, the cash takes after the patient. Patients select human services suppliers and visit them as they pick. Suppliers at that point charge the private guarantor or open payer and are repaid on a charge for-administration or per case premise. This is known as Managed Care. The key issues associated with Managed Care are: I) Cost Savings II) Provider Reimbursement and III) Quality of Care . Cost Savings: Savings done by Managed Care are either not genuine, or are unsustainable. In a late review of shoppers, 60% said that managed care had either not had any kind ...

<<Author>> <<Date>> Apple is a global corporation which is well known for its practices in sustainability and ethical behavior. However, this reputation was not built easily. Apple had to invent and re-invent their supplier conduct and sustainability practices over the years to gain this reputation. Today, Apple’s Supplier Code of Conduct ensures that all suppliers create working conditions which are safe, respect workers and care for the environment (Apple, 2016). Their strict practices ensure that suppliers obey the rules, even if it is above local laws. Apple has a Supplier Responsibility Standards ...

Discussion Questions appending to Nespresso Business Market Strategic Management.

Question #1 – Business Background, Definition, Role and Scope The scope of business definition extends beyond Customer Relationship Management (CRM) in theory, or celebrity endorsements. The strategically-priced encapsulated Nespresso coffee, for machines development, capitalizes on an emotional goods category. According to a report by Conley, Bican, and Ernst (2013) the 1986 Nestlé of Switzerland launch segmented a role for coffee-enjoyers to receive premium product in hermetically sealed pouches filled beforehand. The concept underlying the performance of the unit, boosted by a fancy international campaign dangling the face of movie star, George Clooney, thus by accomplishing a move away from the ...

PART A

Question one Apple Computer was incorporated in 1977 to design, manufactures as well as marketing mobile communication and media devices (Reuters.com, 2016). Moreover, it also sells different related software, and third party digital applications. Its products are iPhone, Apple television, iPod, Mac, both consumer and professional software applications, iOS and OSX operating systems. The Apple computers Inc. provides a variety of mobile communications, personal computing products, and portable digital players.

Question two

The operating performance of Apple Inc. relies on the general economic conditions. Therefore, for the last four years (1999 to 2002), the demand for the Apple's products has been ...

1) The word "corrupt" refers to a person’s act(s) of being dishonest and engaging in practices such as lack of integrity, crookedness, and bribery ("Definition of CORRUPT", 2016). It also refers to the destruction of integrity thus causing an individual to be dishonest and disloyal. In the case of Arthur Anderson, the prosecution noted that the accounting firm dishonestly encouraged Enron employees to exercise routine destruction of documents knowing that the government’s investigations into the acts of the accounting firm were imminent. The deliberate intention of the destruction and hence wrongdoing of Anderson was meant to ...

Marketing Audit and Plan of QANTAS Airline

Organizational view The airline industry is a fastest growing services industry in the world that is providing air transport services to the traveling passengers and freight. I am very inspired by the industry business, and it provided valuable service to me. I have gathered some information and aware about a leading Australian Airline company, Qantas. The marketing audit is and empirical study of the company that Qantas to understand the global market’s demand and examine the competitors’ market. It also helps the management to investigate the current marketing aspects and set future strategies. I am familiar with the ...