THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria‚ in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure‚ and is aimed at increasing investor confidence in public companies by forcing them
Premium Corporate governance Governance
COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
Premium Balance sheet Generally Accepted Accounting Principles Asset
I cannot say that I have ever been in a situation that I had to choose between the law and making an ethical decision. I did not have a perfect life nor come from wealthy family. The choices I had made throughout my life are to always stay out of trouble or stay away from trouble. My parents were strict and I was disciplined to do what is right or you would get spanked. In my culture you are raised to respect your elders and do what is right for the family. So this is a really a tough question
Premium Morality Ethics Law
reactors under construction. * In the United States alone‚ there are 103 nuclear power reactors‚ which provide about 19% of the nation’s electricity. * A new nuclear power plant has not been ordered in the U.S. since 1973. How It Works – The Scientific Process Behind Nuclear Energy * Nuclear energy relies on the fact that some elements can be split (in a process called fission) and will release part of their energy as heat. * Because it fissions easily‚ Uranium-235 (U-235) is one of the
Premium
4208 JUNE 30‚ 2010 STEVEN C. WHEELWRIGHT WILLIAM SCHMIDT Scientific Glass‚ Inc.: Inventory Management In January 2010‚ Ava Beane‚ the newly hired Manager of Inventory Planning for Scientific Glass (SG)‚ contemplated the critical nature of her first big project with the company. During her interviews for the job‚ several executives had told her very directly that the company’s need for a more effective way to manage its inventory was urgent. At the time‚ Beane had felt confident she could
Premium Inventory
INTRODUCTION T O COST-BENEFIT ANALYSIS In the Affair of so much Importance to you‚ wherein you ask my Advice‚ I cannot for want of sufficient Premises‚ advise you what to determine‚ but if you please I will tell you how. When those difficult Cases occur‚ they are difficult‚ chiefly because while we have them under Consideration‚ all the Reasons pro and con are not present to the Mind at the same time; but sometimes one Set present themselves‚ and at other times another‚ the first being out
Premium Net present value Costs Cost-benefit analysis
prepares its master budget on a quarterly basis. The following data have been assembled to assist in preparing the master budget for the first quarter: a. As of December 31‚ 2011 (the end of the prior quarter)‚ the company’s general ledger showed the following account balances: DEBIT CREDIT $ $ Cash 48‚000 Accounts receivable 224‚000 Finished goods Inventory (1000 units) 60‚000 Raw Materials inventory (500 units) 10‚000 Buildings and equipment (net) 370‚000 Accounts payable 93‚000 Capital stock 510
Premium Bookkeeping
Running Head: ADN VS. BSN: EDUCATIONAL BENEFITS ADN vs. BSN: Educational Benefits Kathy Bechtold Grand Canyon University Lorraine Hover‚ MSN‚ BA‚ RN May 25‚ 2012 ADN vs. BSN: Differences in Competencies There are two different routes to becoming a Registered Nurse (RN). You have the Associates Degree Nursing (ADN) program which is considered the fast track program taking approximately two years to complete‚ and you have the Baccalaureate Nursing (BSN) program which requires approximately
Premium Academic degree Bachelor's degree Nursing
economic analysis that came up showing the effectiveness of successful of transplantation and emphasizing the imperative need for organs. However‚ there is a question that should be addressed; does a cost-benefit analysis ethically justify vending organs? Actually‚ there are a lot of social and ethical consequences that should be taken into consideration when answering this question. There are two main reasons that supporters of organ sales commonly use in their debate. First‚
Premium Organ transplant Organ Organ donation
New Zealand Report 1.0 Introduction Throughout the production of this report I will aim to explain an analysis of the costs and benefits of foreign direct investment for New Zealand both in theoretical and empirical terms. When it comes to defining FDI different countries may define it differently and because of this it is arbitrary‚ but foreign direct investment can be described as: "Foreign Direct Investment is the purchase by the investors or corporations of one country of non-financial assets
Premium New Zealand Investment Foreign direct investment