accuracy of corporate financial statements‚ and increased the oversight role of boards of directors.[1] The bill was enacted as a reaction to a number of major corporate and accounting scandals including those affecting Enron‚ Tyco International‚Adelphia‚ Peregrine Systems and WorldCom. These scandals‚ which cost investors billions of dollars when the share prices of affected companies collapsed‚ shook public confidence in the nation’s securities markets. The act contains 11 titles‚ or sections
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Introduction Auditing is an independent‚ objective assurance & consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic‚ disciplined approach to evaluate and improve the effectiveness of risk management‚ control and governance processes. Auditing is globally recognized. It is counter check to accounting data so that any error‚ mistake or fraud can be easily detected through the technique
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Professional Development Plan by DBA Student A Project Presented in Partial Fulfillment of the Requirements for DDBA 8005 Foundations for Doctoral Business Administration Studies Instructor September 2009 Professional Development Plan Part IA: Description of Personal and Professional Goals From a very early age‚ I was encouraged to attend college by my parents‚ my grandparents‚ and a beloved uncle. They all taught me that obtaining an education‚ particularly a college education‚ was a
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American Cellular Network Corporation‚ Metrophone‚ US Cable Operations‚ The Golf Channel‚ and the E.W. Scripps Cable Systems. In 1996 Comcast launched its first high speed Internet option. In 2000 Comcast acquired new customers in multiple states from Adelphia Cable Systems and ATT Broadband. Later in 2002 Comcast and ATT Broadband completed a merger. Comcast was one of the first cable companies to offer high definition and video on demand television services‚ also in 2002. In 2005 Comcast started to offer
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Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations set and pursue their
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Organizational Overview Cox Communications is a telecommunications company headquartered in Atlanta Georgia. Its parent company‚ Cox Enterprises Inc‚ was founded in 1898 by school teacher and three term governor of Ohio James M Cox. With more than 23000 employees in 15 states‚ Cox provides its 6.7 million subscribers with award winning services. Among them are: video‚ with high definition‚ digital video recorder‚ digital cable‚ and analog services; high speed broadband data with multiple speed choices;
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Ethical misconduct prevalent in workplace Internal Auditor‚ Dec‚ 2005 by A. Millage • 1 • 2 • Next » DESPITE AN INCREASE IN the number of formal ethics programs in the workplace‚ ethical misbehavior is on the rise. According to a recent survey by the Ethics Resource Center (ERC)‚ more than half of 3‚000 U.S. workers polled have observed at least one type of ethical misconduct in the past year. The "2005 National Business Ethics Survey" (NBES) sought workers’ opinions on workplace ethics
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score cards‚ the chief executive’s primary focus is fixated on retaining control of the organisation to meet shareholder expectations. As we enter the new millennium the corporate world has been rocked by the scandals involving Enron‚ Worldcom and Adelphia in the USA and in Europe by Parmalat and Mannesmann. These‚ and a host of other organisations‚ have been publicly criticised for fraudulent accounting practises or excessive personal gain for the chief executive and senior members of the administration
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BUL4310 Is Corporate Social Responsibility beneficial towards Businesses? DCAA Law Firm – Question #14 By: Abuhoff‚ Ryan Alvarez‚ Jessica Caldera‚ Nataly Di Stefano‚ Valentina 3/27/2013 Corporate social responsibility originated in the eighteenth century when Scottish moral philosopher and pioneer of political economics Adam Smith expressed that the needs and desires of society could best be met by the free interaction of individuals and organizations in the marketplace.
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EXAMPLE: HIGH DISTINCTION PAPER ETHICAL ISSUES QUESTION 1 Richards adopts a teleological-parochialism position 1 to justify that his actions are ethical‚ 2 even though they are illegal (Baugher & Weisbord‚ 2009). 3 Richards argues that his actions are ethical as they resulted in desirable consequences‚ in the form of better sales/performance figures‚ which met analyst forecasts and positively affected shareholder value (Radtke‚ 2004; Fernando‚ Dharmage‚ & Almeida‚ 2008). 4 He acted in the interests
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