Corporate counsels or attorneys: 23 Other corporate officers: 817 Total corporate fraud convictions 1‚236 The following prison sentences were awarded to recently convicted white-collar criminals: ■ Bernard Ebbers‚ WorldCom CEO—25 years ■ John Rigas‚ Adelphia Communications CEO—15 years ■ Dennis Kozlowski‚ Tyco International CEO—8 1/3 to 25 years ■ Martin Grass‚ Rite Aid Corp. CEO— eight years ■ James Olis‚ Dynegy Inc. vice president of finance—24 years ■ Martha Stewart‚ Martha Stewart Living Omnimedia
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Abstract The purpose of this assignment is regarding to accountants‚ a professional career‚ meant to be very important to corporation or public because it is the base that offers great support to management for planning‚ controlling as well as decision making process. As far as people is concerned‚ accountants as information keepers and produce financial reports to stakeholders face major ethical challenges such as misrepresenting or misstatements in financial statements etc. However‚ accountants
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Strategic Plan‚ Part II: SWOTT Analysis BUS/ 475 SR Creative Design Inc. is a design and marketing corporation based in California that focuses on customer care as well as privacy in providing solutions of improving business activity. The mission statement‚ ” SR Creative Design Inc. is coupled with creative minds that are devoted in delivering clients with comprehensive designs and or marketing solutions with significant results. We are
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Valley Glen Voice OFFICIAL NEWSLETTER OF THE VALLEY GLEN NEIGHBORHOOD ASSOCIATION Volume 12‚ Issue 1 www.valleyglen.org Winter 2013 Your VGNA Board: Carlos Ferreyra President Dean Abston Vice President From Our President Carlos Ferreyra — Another year is upon us and we must ask ourselves‚ “Did the Mayans just run out of space on their rock when carving out their calendar?” As your Association (“VGNA”) moves forward this new year to continue its work of improving the quality of life
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clearly illegal. In doing so‚ they certainly did not act responsibly from any perspective. Note: Depending on your interests and whether or not you thought it could get too unwieldy‚ you could start this discussion by referring to Enron‚ Tyco‚ Adelphia‚ etc. For years to come‚ issues raised by the managers in these companies‚ and others‚ will be playing out in public opinion and in the courts. II. Organizational Stakeholders in a Global Environment. A. Stakeholders: All those who are
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MG-495 MIDTERM EXAMINATION MG - 495 Business Policy Mid-Term Examination - (Chapters 1 - 5 are covered) There are 25 multiple choice questions (each worth 3 points) and 5 short answer/essay questions (each worth 9 points) for a total of 120 possible points. All of the questions for this exam can be answered by simply using the text. Multiple Choice Questions – Each question worth 3 points 1. Research suggests that strategic management evolves through four sequential phases in corporations
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ORGANIZATIONAL FRAUD [pic] Submitted by: Amit Goel(amigoel@gmail.com) Mohit Goel Executive Summary For many organizations‚ “getting it right” or “getting it wrong” is a matter of survival. This study talks about the issues like‚ ‘organisational fraud’‚ ‘ethics’ & ‘empowerment’ in an organisation and their relation to standards of good behaviour in order to explore various ways in which occurrences of ever increasing frauds can be checked. Organisational Fraud can be perpetrated by those
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Table of Contents Abstract The purpose of this paper is to explore fraudulent activities within the business environment. Trends observed indicate a need for increasing secure management. Review of scholarly journals‚ industry publications and text books were performed to gather data. Findings support that implementation of fraud reporting mechanisms assist in detecting fraud. Abstract 3 Introduction 4 What is Password Hashing? 4 Defined 4 Hashing Methodologies 5 How Password
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Manufacturing In the early 20th century many large corporations were guilty of committing scandals and fraudulent activities. Many people today are very familiar with Sarbanes Oxley Act (SOX) of 2002 when the large companies such as Enron‚ WorldCom‚ Adelphia‚ and many others collapsed between 2001 and 2002‚ and Congress passed SOX also known as the White-Collar Criminal Penalty Enhancement Act of 2002 (Jennings‚ 2006). To minimize the fraudulent activities done by especially the educated ones such as
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Table of Contents Introduction 2 How it happened? 2 Financial Reporting Issues 3 Trading Business and Mark to Marketing 3 Reporting Issues for Special Purpose Entities 3 Other Accounting Problems 4 Governance and Intermediation Failures at Enron 4 Role of Top Management Compensation 4 Role of Audit Committees 4 Role of External Auditors 4 Role of Fund Managers 5 Role of Accounting Regulations 5 The Sarbanes Oxley Act 5 Did it help? 5 Bibliography 6 Introduction Kenneth
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