mainly focused on the failure of financial risk management‚ the failure of auditor‚ the failure of regulation and the lack of independence for non-executive director. Thirdly‚ according to the analysis of the problem‚ the paper offers suggestions as to deal with those problems，followed by a brief conclusion at the end of this paper. 2.0 Introduction and background Prior to its collapse in 2011‚ HIH insurance was Australia ’s second largest insurance company. It was placed into provisional liquidation
Premium Board of directors Corporate governance Insurance
Communications Between Predecessor and Successor Auditors 155 AU Section 315 Communications Between Predecessor and Successor Auditors (Supersedes SAS No. 7.) Source: SAS No. 84; SAS No. 93. Effective with respect to acceptance of an engagement after March 31‚ 1998‚ unless otherwise indicated. Introduction .01 This section provides guidance on communications between predecessor and successor auditors when a change of auditors is in process or has taken place. It also provides communications
Premium Auditing Audit Financial audit
Case 4-10 Independence Violations at PricewaterhouseCoopers PricewaterhouseCoopers (PwC) was involved in a series of independence violations in the late 1990s and early 2000s that resulted in strengthening the independence rules for auditors We discuss these situations in two parts. Part I On January 6‚ 2000‚ the SEC made public the report by independent consultant Jess Fardella‚ who was appointed by the commission in March 1999 to conduct a review of possible independence rule violations by PwC
Premium Big Four auditors Audit Financial audit
The Declaration of Independence was an important part in American history. It was written to show a new theory of government‚ reasons why we were separating from England‚ and a formal declaration of war. It finally gave the 13 colonies freedom from England’s control. The man responsible for writing the Declaration was Thomas Jefferson. He wrote the Declaration between June 11‚ 1776 and June 28‚ 1776. Benjamin Franklin and John Adams revised what Jefferson had written to finalize the Declaration
Premium United States Declaration of Independence Thomas Jefferson
Declaration of Independence Assignment 1. What was the purpose of the Declaration of Independence? The purpose of the Declaration of Independence is to proclaim the right of the American colonies to separate from Great Britain. 2. Identify the three unalienable rights of individuals (written in the 1776 context as men) as stated in the Declaration of Independence? Life‚ liberty‚ and pursuit of happiness. 3. According to the Declaration of Independence‚ from whom do governments get their
Premium United States Declaration of Independence
Stylistic Artistry of the Declaration of Independence by Stephen E. Lucas The Declaration of Independence is perhaps the most masterfully written state paper of Western civilization. As Moses Coit Tyler noted almost a century ago‚ no assessment of it can be complete without taking into account its extraordinary merits as a work of political prose style. Although many scholars have recognized those merits‚ there are surprisingly few sustained studies of the stylistic artistry of the Declaration
Premium Management United States Balance sheet
2_01Revolutionary_Ideas Alex Wasko 4-20-13 Mr. Walsh The Declaration of Independence|Use this panel to provide a paragraph overview of the purpose and structure of the Declaration of Independence.The Declariation of Independence is a statement adopted by the Contenial Congress on July 4‚ 1776‚ which announced that the thirteen American colonies then at war with Great Britan‚ regarded themselves as independent states‚ and no longer a part of the British Empire. Instead they
Premium United States Declaration of Independence
On 11/3/2015 S/S EMT Salamy requested S/O EMT Perez up at VP-106. S/O EMT Perez had treated the resident earlier and the resident‚ a Mrs. Miriam Donovan had been discharged by Laurel Hospital and was confused and agitated upon arrival back to her apartment. SO EMT Perez arrived at the apartment and was told by S/S EMT Salamy that the son‚ a Mr. John Donovan was on his way to the apartment with an ETA of about an hour. Mrs. Donovan was confused on why she could not be with her husband in Arbor Ridge
Premium Patient Health care Family
v. Cruikshank (1876). This case took place during the Reconstruction period of the south in Grand Parish‚ Louisiana. During this time there were many changes being made in the state and local government positions. In 1873 the governor of Louisiana appointed a new Judge and Sheriff
Premium United States Constitution United States United States Bill of Rights
Independence Day Speech in English | Essay A very happy Independence day to my honorable Chief Guest‚ my respectable teachers‚ & parents and all my lovely brothers and sisters. As You all Know Today we have gathered here for celebrating the 68th Independence day of our country. The day when India got freedom against the British Rule after so many years of struggle. On this day we pay tribute to our great freedom fighters like Mahatma Gandhi‚ Pt. Jawahar Lal Nehru‚ Bal Gangadhar Tilak‚ Sarojini
Premium Indian independence movement Indian National Congress Jawaharlal Nehru