Question 1: What are the primary goals and tenets of SOX with respect to fraud? The Sarbanes-Oxley Act of 2002 was created to reduce financial statement fraud by two main congressmen; Senator Paul Sarbanes and Representative Michael OXLEY. The primary goal of the SOX was to fix auditing of US public companies ‚ also SOX improvement of the quality of audits in an attempt to eliminate fraud in order to protect the public’s interest‚ as well as for the protection of the investors (Donaldson‚ 2003)
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Content 1 Introduction 1 1.Task one 2 The models and concepts affecting the pricing decisions taken by organisations‚ critically reflecting upon their usefulness 2 2‚ Task two 6 The role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure. 6 3‚ The advantages and disadvantages of introducing an Activity Based Costing
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Department of Accounting Detailed Syllabus of Third Year Four-Year B.B.A. (Honours) Course Effective from the Session: 2009–2010 National University Syllabus for 4 years BBA Honours Course Subject : Accounting Third Year (Honours) Third Year: 32 Credit Hours Course Code COURSE TITLE Marks Credit Hours Audit and Assurance 100 4 Advanced Accounting-I 100 4 Cost Accounting 100 4 Management Accounting (in English)
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Academic Essay 3 - Importance of Body Development and Transitions An essential component of an essay is its body paragraphs. Without them‚ you have a great opinion that falls gracelessly to the ground because it lacks support. Body paragraphs (and truly every paragraph in an essay) should be unified‚ coherent‚ and well developed. When a paragraph is unified‚ every sentence in that paragraph supports the essay’s thesis. When a paragraph is coherent‚ every sentence in that paragraph
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Article Analysis From Enron to Tyco‚ accounting scandals have always been a worrisome issue in accounting. Regardless of how many internal controls there are‚ there will always be a chance for unethical practices in accounting. Where and when do these problems arise? This paper will analyze an article listing situations that lead to those unethical practices and behavior that lawmakers try to prevent. In his article “What Are the Causes of Ethical Lapses in Accounting‚” Jagg Xaxx writes that business
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Academic coaching classes are becoming more and more popular as the schooling system becomes increasingly competitive. Parents desperate to get their children into good quality schools will go to great lengths to help them pass entrance exams and excel in interviews. However‚ it is unclear how effective coaching classes really are. Here are some advantages regarding coaching classes: Coaching classes use different methods to those utilized in the classroom. This means alternative approaches to
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many decisions. The best place to start is with a goal or an objective. It may be helpful to ask ”What do I want to do?” and “Where do I want to be?” What is a Career Objective? Your career objective is a personal statement defining the specifics you wish to attain through work. 1. It’s personal: Others may share similar goals‚ but your objective should state your goals in terms that you are comfortable with. 2. It’s a commitment: Stating a goal identifies who you are and what you want to achieve
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CHAPTER 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS Multiple Choice—Conceptual Answer No. Description d 1. Users of financial reports. d 2. Identify the major financial statements. a 3. Financial reporting entity. d 4. Efficient use of resources. d 5. Capital allocation process. c 6. Financial statement information. c 7. Objectives of financial reporting. b 8. Common set of standards and procedures. c 9. Role of SEC. c 10. Powers of the SEC. d 11. SEC enforcement
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Academic summary #1 Banaji‚ M.R.; Bazerman‚ M. H.; Chungh‚ D. How (Un) Ethical are you? Harvard business Review‚ Dec 2003‚ Vol.81‚ Issue12. In the article‚ How unethical are you?‚ Banaji et al. (2003) investigate four factors that result in unethical decision taken by managers: Implicit forms of prejudice‚ bias that favours one’s own group‚ a tendency to over claim credit‚ and conflict of interest. The authors believe that the implicit prejudice is an unconscious judgment which originates from
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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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