Assignment 1: Auditors and Regulatory Oversight Desislava Tabakova ACC 403 – Auditing I Professor Ashley Braun Harper November 2‚ 2014 “Olympus Scandal” The Olympus Corporation scandal is one of the biggest scandal’s to break. Olympus Corporation‚ the Japanese maker of cameras and medical imaging equipment is a huge corporation that lasted over two decades. 1- Analyze the audit report that the CPA firm issued. Ascertain the legal liability to third parties who relied on financial
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Homework #1 (each 4 points) 1. At his death in 1790‚ Benjamin Franklin left 1‚000 pounds each to the cities of Boston and Philadelphia on the condition that they would not touch the money for 100 years. Boston’s bequest‚ which was equivalent to about $4‚600‚ had ballooned to $332‚000 by 1890. a. Determine the equivalent annual rate of return between 1790 and 1890. b. If the city of Boston had left this bequest in a fund earning 5% per year between 1890 and 1990‚ what would have been the value of
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Developmental 561 DUE: March 31st‚ 2011 Questions for DEV BIOL 561: These questions will serve as your attendance for today and as your March problem set. Use your notes and books to answer the questions below. You are not to work in groups! 1. Explain the Tetralogy of Fallot and its major defects. Also explain how each defect may cause abnormal heart functions. A congenital malformation of the heart characterized by a defect in the ventricular septum‚ misplacement of the origin of the
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SYLLABUS ACC/491 Contemporary Auditing I Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course is the first in a two-part series that deals with auditing a company ’s financial reports‚ internal controls‚ and Electronic Data Processing (EDP) systems. Topics include auditing standards‚ evidence‚ audit planning and documentation‚ materiality and risk‚ internal control‚ statistical tools‚ and the overall audit plan and program. Course Dates Nov 11‚ 2014 - Dec
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ACC 561 – ACCOUNTING – Complete Class Includes All DQs‚ Individual and Team Assignments – UOP Latest Purchase this tutorial here: https://www.homework.services/shop/acc-561-accounting-complete-class-includes-all-dqs-individual-and-team-assignments-uop-latest/ ACC 561 Accounting Week 1 to 6‚ Assignment‚ WilyPLUS‚ DQ‚ Final To Purchase http://homeworkcastle.com/ACC-561-Accounting-Week-1-to-6-Assignment-WilyPLUS-DQ-Final_c306.htm ACC 561 Accounting‚ Version 4 ACC 561 Week 1 Individual
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What are the major regulatory bodies and their functions? IRS (Internal Revenue Service): It is the oldest in the United States regulatory body also called the internal revenue service or IRS. The main goal of IRS is to manage and implement the internal revenue law. Their responsibility is to help individuals to understand their tax obligations as well as to tax collection. SEC (Security and Exchange Commission): SEC also called the Securities and Exchange Commission. Their main objective is
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should be construed broadly to capture any obstructive conduct happening seamlessly from the time the crime occurred‚ during the investigative stages‚ and through trial. In 2002‚ § 1512(c)(2) was enacted as part of the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley"). Sarbanes-Oxley Act of 2002‚ Pub. L. No. 107-204‚ § 1102(c)(2)‚ 116 Stat. 745‚ 807 (codified at 18 U.S.C. § 1512(c)(2) (2012)). Before its enactment‚ § 1512(c)(2) was part of the Victim and Witness Protection Act of 1982 ("VWPA"). Victim
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Tort and Regulatory Risks This paper will address preventative‚ detective‚ and corrective measures for a company to manage regulatory risks. We will also review common business torts that occur in many businesses today. According to Jennings: Tort comes from the Latin term tortus‚ which means “crooked‚ dubious‚ twisted.” Torts are civil wrongs‚ actions that are not straight but twisted. This paper will also describe specific measures to manage torts and other regulatory risks that are identified
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Differences in Ethical‚ Legal‚ and Regulatory Issues in Business-to-Business and Business-to-Consumer Web Sites Like traditional brick-and-mortar establishments‚ business-to-business (B2B) and business-to-consumer (B2C) Web sites face ethical‚ legal‚ and regulatory concerns. Although both B2B and B2C sites share similarities in web-based jurisdictional issues and general ethical considerations‚ each site has its own specific concerns due to the end-user relationship of the consumer versus business
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Ethics Case Study Dien Huynh University of Phoenix ACC/557 Accounting Ethics Instructor: MICHELE SCOTT 11/16/2012 Ethics Case Study The case study of Lillian Fok‚ Sandra Hartman and Kern Kwong in 2010 about differences and similarities in business ethical values has been done to examine ethical values that underlie business decisions in the U.S.‚ China‚ and Jamaica. China transforms from a socialist based‚ command economy to a free market economy. Because of the transformation
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