1. Identify an accounting scandal at a corporation that has resulted in a loss of reputation to the accounting profession. Explain the crime(s) committed. In early 2008 Lehman borrowed large amounts to fund its investing in the years leading to its bankruptcy in 2008‚ “a process known as leveraging or gearing”. A large part of their investments were towards housing market‚ making it vulnerable to a downturn in that market. This firm generated large profits during the housing boom‚ this place them
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Dennis Crump Jr. Business 375-Project Management Week 8 Assignment 2 Professor Frank Mitchell March 2‚ 2013 Compose a synopsis of the case‚ using a maximum of 120 words. The president of Crosby Manufacturing Corporation Mr. Livingston called a meeting with the department managers to resolve an issue they have. The issue is with the management cost and control systems (MCCS). The goal of the meeting is to update the current MCCS and
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MEEN40310: Project Management Continuous Assessment Assignment 2 The Contribution of Earned Value Management to Project Success on Contracted Efforts (Marshall‚ 2007): A Critical Analysis by Dylan Nolan: 14205683 13th April 2015 “I declare that the material contained in this project is the end result of my own work and that due acknowledgment has been given in the bibliography to ALL sources‚ be they printed‚ electronic or personal” 1 Table of Contents 1 Table of Contents 2 2 Introduction
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The Accounting Software Installation Project (from Larson‚ E.E.‚ and Gray‚ C.F.‚ 2011 Project Management – the managerial process‚ fifth edition p441) Sitting in her office‚ Karin Chung is reviewing the past four months of the large corporate accounting software installation project she has been managing. Everything seemed so well planned before the project started. Each company division had a task force that provided input into the proposed installation along with potential problems. All the different
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∑ T Y – n T Y b = ∑ T 2 – n T 2 a = Y – bT The parameters are calculated below: Calculation in the Least Squares Method T Y TY T 2 1 2‚000 2‚000 1 2 2‚200 4‚400 4 3 2‚100 6‚300 9 4 2‚300 9‚200 16 5 2‚500 12‚500 25 6 3‚200 19‚200 36 7 3‚600 25‚200 49 8 4‚000 32‚000 64 9 3‚900 35‚100 81 10 4‚000 40‚000 100 11 4‚200 46‚200 121 12 4‚300 51‚600 144 13 4‚900 63‚700 169 14 5‚300 74‚200 196 ∑ T = 105 ∑ Y = 48‚500 ∑ TY = 421‚600 ∑ T 2 = 1‚015 T = 7.5 Y = 3‚464
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CORPORATE LIQUIDITY‚ CASH FLOW SENSITIVITY‚ AND INVESTMENT DECISION Written by: Destria Kurnianti 10/309731/PEK/15164 Ratified on 18 Januari 2012 Supervisor Prof. Marwan Asri‚ MBA‚ Ph.D INTRODUCTION Modigliani and Miller (1958)‚ in a perfect market conditions there is no relationship between investment decisions and financing decisions. Although the assumption of perfect markets is eliminated‚ the separation between investment decisions and financing
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AN ANALYSIS OF THE ACCOUNTING SYSTEM OF COOKRIDGE CARPETS LTD (CCL) WITH RECOMMENDATION FOR IMPROVING ITS INTERNAL CONTROL Submitted by: AAT student membership number: Date: July 2012 This report is submitted for assessment of the AAT Learning and Assessment Area ‘Internal control and Accounting System.’ LIST OF CONTENTS Title Page Number 1. Terms of
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accessing music. By being a part of this... By determining and analysing our customer base we can develop Spotify aggregates music from right holders‚ distributes it to consumers through desktop and mobile software platforms and monetises both through a free ad-funded service and a paid subscription service. This two tier system targets different consumers and overall provides a service which caters to a broad range. The purpose of this proposal is to outline a strategy for targeting the identified segment
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27. Prepare a statement of cash flows for the Crosby Corporation. Follow the general procedures indicated in Table 2–10 on page 38. Crosby Corporation Statement of cash flows For the year ending December 31‚ 2008. Cash flows from operating activities Net income (earnings after taxes) = $160‚000 Adjustments to determine cash flow from operating activities: Add back depreciation = $150‚000 Increase in accounts receivable = ($50‚000) Increase in inventory = ($20‚000) Decrease in prepaid
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Executive summary: Whale fishing‚ also known as whaling‚ is a traditional fishing activity which existing thousands of years in the world. Fisherman fishing whales‚ sell of whale meat and oil to make money. With the development of modern fishing technology‚ industrial fishing gradually replaces a large number of private fishing activities‚ which made whaling easier and more efficient. Greenpeace International’s data showed “Commercial whaling during the last century decimated most of the world’s
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