Bottled Water Case: Industrial Evolution 1. Describe the bottled water industry as presented in the case a. Size in sales: In 2001‚ bottled water was among the world’s most attractive beverage categories‚ with global sales exceeding 32 billion gallons and annual growth averaging nearly 9 percent between 1996 and 2001. b. Projected growth: U.S. per capita consumption had grown to nearly 20 gallons a year by 2001 and was expected to grow to 26 gallons a year by 2005 c. Number of Competitors:
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Memo To: John Doe From: Team C Date: February 20‚ 2012 Subject: Auditing‚ share-based payment and SPE reporting A publically traded company offers challenges to auditing when it comes to shared-based payment reporting and special-purpose entities (SPE) reporting individually. The most basic principle of GAAP at risk is the qualitative characteristic of reliability. Shared-based payment and SPE reporting individually has been broken down to better equip the audit for our client. It is important
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Koger Properties‚ Inc The Securities and Exchange Commission (SEC) claims that Michael Goodbread had violated independence rules set forth by the American Institute of CPAs (AICPA) Professional Code of Conduct and generally accepted auditing standards (GAAS). AICPAs Professional Code of Conduct considers an impairment of independence if during the engagement an auditor has “any direct or material indirect interest in the client.” (American Institute of Certified Public Accountants‚ 1988) Because
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EFFECTS OF URBANIZATION IN JAMAICA Urbanization refers to the shift of population from rural areas to cities or towns according to the Encarta Encyclopaedia. In Jamaica today‚ urbanization is a constant process for persons to move from one area to the next without hesitation compared to the previous generations. Urbanization has seen a significant increase over the years because of persons pursuing a better standard of living. People move because of the economic situation of the country which
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Bibliography: Assiouras‚ I.‚ Siomkos‚ G.‚ Skourtis‚ G.‚ & Koniordos‚ M. (2011). Consumer perceptions of corporate social responsibility in the Greek mobile telecommunication industry. Internal Journal of Management Cases‚ 210-216. Beneke‚ J.‚ Wannke‚ N.‚ Pelteret‚ E.‚ Tladi‚ T.‚ & Gordon‚ D. (2012‚ March). Dont ’s bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity. South African Journal of Business Management
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Poverty and Hungry in Jamaica “Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor.”- James Baldwin. When a person is living in poverty‚ everything they do daily seems like an accomplishment because it is difficult for them to possess. If a person never really have food‚ it feels like a blessing when the do receive it. Everything seems expensive because the have nothing. What exactly is poverty? Poverty is the state of not having enough money and/or materials
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Essay for Debate Achieving sustainable development in Jamaica is unattainable given the present cultural norms of the country. A recent study conducted by the World Commission on Environment and Development (WCED) defines sustainable development as “a process of change in which the exploitation of resources‚ the direction of investments‚ the orientation of technological development and institutional change are made consistent with the future as well as present needs of a nation.” Sustainable
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92When audit risk is at an appropriately low level 83The possibility that the auditors may unknowingly fail to appropriately modify their opinion on financial statements that are materially misstated 49Investigate the identities and reputations of the client’s directors‚ officers‚ and major stockholders 51The reputation of management 81The company’s financial strength and credit rating. 85Make inquiries of the client’s banker‚ legal counsel‚ and predecessor auditor. 26Determine that independence
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WP/09/189 What Drives China’s Interbank Market? Nathan Porter and TengTeng Xu © 2009 International Monetary Fund WP/09/189 IMF Working Paper Asia and Pacific Department What Drives China’s Interbank Market? Prepared by Nathan Porter and TengTeng Xu1 Authorized for distribution by Nigel Chalk September 2009 Abstract This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily
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GLOSSARY INTRODUCTION Jamaica has experienced an increase in the frequency of natural events‚ primarily floods‚ droughts and landslides over the last 25-30 years. The impact of these hazards has proven to be disastrous in several instances resulting in significant social dislocation and monumental economic losses. Between 1998 and 2004‚ we had approximately 10 major weather related disastrous events with significant economic implications. HURRICANE Jamaica is located in the ‘hurricane belt’
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