there are five elements can be applied to analyze companies’ internal control systems. They are control environment‚ risk assessment‚ control activities‚ information and communication and monitoring. Here is my research of what went wrong in internal controls during the 2008 financial crisis using exhibit 6-6 with Lehman Brothers. Control Environment Lehman Brothers has a long history. Fuld led the company tide over the difficulties several times and achieve remarkable results when he was the CEO‚ which
Premium Internal control Risk
Fannie Mae’s Fraud 1. Fannie Mae was established in 1938 as a federal charter under President Franklin Roosevelt as a secondary market to expand the flow of mortgage money under any economic condition because millions of Americans could not become homeowners before Fannie Mae. In 1968 Fannie Mae was rechartered by congress as a shareholder owned company‚ funded solely with private capital raised from investors. The charter is directed to increase the availability and affordability for homeownership
Premium Mortgage loan Debt Fraud
Format for report on ORIENTATION PROGRAM PHASE I – PLANNING THE EVENT OBJECTIVE – To come to a consensus as to which activities to choose from‚ the values we want to impart‚ and also to be of such kind which ensures participation from everyone i.e. all the mentors as well as the mentees‚ also keeping time constraints in mind. PROCESS – Brainstorming for various ideas‚ discussing it‚ mock playing to recheck if it works. Giving various responsibilities to different people & follow up.
Premium Management Introduction Teamwork
impact of using Internet for competitive intelligence Here is the summary of an interesting scientific paper dealing with the impact of using the Internet for competitive intelligence. The Internet‚ as an information-rich resource and interorganizational communication tool‚ has transformed the way that firms gather‚ produce and transmit competitive intelligence (CI). The aim of this article is to assess the impact of the Internet on CI and the subsequent effects on the organization. What is CI
Premium Competitive intelligence Internet Media technology
Using social media for marketing is an invasion of privacy First‚ we must define privacy. As Danah Boyd (who is an academic and researches a lot in social media and privacy) notes‚ privacy “is a feeling that people have when they feel as though they have two important things: one) being in control over their social situation; and two) being enough agency to assert control”. As a result‚ having control of one’s personal information is vital! In general‚ privacy issues can be thought of in
Premium
HOW TO WRITE AN EFFECTIVE RESEARCH PAPER • Getting ready with data • First draft • Structure of a scientific paper • Selecting a journal • Submission • Revision and galley proof Disclaimer: The suggestions and remarks in this presentation are based on personal research experience. Research practices and approaches vary. Exercise your own judgment regarding the suitability of the content. –P. Kamat Getting ready with data Gather all important data‚ analyses‚ plots and tables Organize results
Premium Mass spectrometry Academic publishing
Web 2.0: The future of the internet Department of Business Informatics‚ SEE University‚ Tetovo-MACEDONIA ABSTRACT Our research topic is about the evolutionary change on the network‚ the development of the Web 2.0.The text beneath is about some main features of the web 2.0 from where it derived and its development‚ and the key differences between Web 1.0 and Web 2.0. INTRODUCTION Web 2.0 is the term given to describe a second generation of the World Wide Web that is focused on the ability for
Premium World Wide Web
The End of Privacy Imagine a time where a new communication device came out whether it’s a new smartphone or a new computer. Better ways to communicate are just over the horizon and humanity has never been closer. Consequently‚ as humanity gets closer‚ privacy becomes a distant memory. As humans rely more on technology for everyday life and for communication‚ more ways open for a person anywhere on the world can access someone else’s information. By using a computer‚ the user opens their house to
Premium Internet World Wide Web Peer-to-peer
Web Site Accessibility Inspection For Your Company Web Site.com 1. Why Web Accessibility 1 2. Accessibility Issues 2 3. Overview of Your Company Web Site Accessibility 3 4. A Sample Accessibility Conversion 4 5. Repair Effort Estimate 5 6. Conclusions 6 Why Web Accessibility The world population is aging. Today over 20 percent of the US population is over 55 and that percentage is growing rapidly. With age come disabilities. We don’t generally think of a person wearing bifocals
Premium World Wide Web Web page Accessibility
Table of Contents Introduction to the social web …......................................................................................................... 3 Body Facebook .............................................................................................................................................3 Twitter .................................................................................................................................................5 Bookmarking/Blogging ………………………………………………………………………………………………………………………
Premium Facebook Social network service