Forensic Accountants: Fraud Busters Daniel ****** Dr. Brian Collins Contemporary Business 8/12/2012 Abstract The field of forensic accounting is a profession that is in high demand because of the technological and financial complexity of today’s companies. Because of the Enron scandal forensic account has come to the forefront with some major universities even offering it as a major. There are several skills that are required in forensic accounting and they include an expertise in accounting
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WHY TO BECOME A CHARTERED ACCOUNTANT Early or late‚ everyone has to start his vocational life. Its an important event of life because then after an entirely new world starts – THE WORLD OF WORK. Many courses are available for simple and common vocations which do not require any special skill. Anyone can do them. But …………. TO BE DIFFERENT IS TO BE RENOWNED……… So if one really wants to do something challenging and diversified‚ then Chartered Accountancy is the most dignified profession. A MISCONCEPTION
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metrics were used to monitor flow of information. Apart from issues such as Training and Workload management it was observed that existing system functionality was not being utilized. There were data integrity issues throughout the process. Business Solution Detailed end-to-end process mapping from origination to loan servicing was done and 150+ process maps developed. A base lining and benchmarking exercise was carried out and 80+ metrics identified. Genpact Six Sigma and Domain experts worked with
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Professional Accountants in the Modern era | Term Report | | | Submitted by:Komal BashirHumayun BabarSubmitted to:Prof Abdul Rahim SuriyaDate:6th January‚ 2010 | Sohail Wajahat‚ CEO Siemens Pakistan Limited‚ at a recently held award ceremony at ICAP said the role of a Professional accountant was similar to a doctor. “You know the financial problems and their solutions as doctors know the problems of a human body‚” Courtesy: the Financial Daily Professional accountant: A professional
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The French language is a member of the Romance group of the Italic subfamily of the Indo-European family of languages. It is known as the language of lovers. French is spoken as a first language by more than 70‚000‚000 people‚ mainly in France‚ then Belgium‚ Switzerland‚ in former French and Belgium colonies in Africa and Canada. It is now spoken by 265 million people. The French language is descended from Latin and first appeared in writing in 842 AD when it was used in the Strasbourg Oaths. Before
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elite set of men and women‚ called forensic accountant. Forensic accountants help America recover huge amounts of financial dollars by bring corporate leaders to justice who made illegal business decisions (Davis‚ Farrell‚ & Ogilby‚ 2009). Attributes of the Elite Forensic accounting/accountant (FA) involves the application of accounting concepts and techniques to legal problems (Davis‚ Farrell‚ & Ogilby‚ 2009). “Initially‚ forensic accountants were used by government agencies‚ such as the
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Case Study Analysis: Abstract This analysis examines freight cost and cleaning fluid supplies at two locations; Cincinnati and Oakland‚ to determine the optimal distribution network to supply the cleaning fluid to Great North American at minimal cost to Solutions Plus. Based on projected cost a bid recommendation is made and decision factors related to the analysis are discussed. Keywords: Solutions Plus‚ Cost minimization‚ Breakeven‚ Bid‚ Shipping Cost Background Solutions Plus is an
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Invaluable Service of Forensic Accountant Recently‚ during a regional seminar on forensic accounting‚ some of the accountants expressed their doubts about the role of Forensic Accountants in the assessment of the various types of insurance claims‚ and especially a business interruption claim. However‚ based on my experience‚ any dispute stemming from a business interruption claim is rare if good forensic accountants are involved. Their involvement at a very early stage of the claim has resulted
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Marketing Case Study (2) Godrej ChotuKool: A Cooling Solution for Mass Markets Q.1. Assess the business scenario for ChotuKool? What are the critical success factors for this product to succeed? ChotuKool falls in to the business of refrigeration‚ to understand the business better let us understand the overall refrigeration business But before that lets looks at the consumer durable market‚ the consumer durable market consists of products from watches to fans. With the help of the below mentioned
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Acknowledgement We sincerely thank Mr. Sahil Singh Karir‚ Associate Manager‚ Tally Solutions for his contribution towards our report. He answered all our queries regarding the various business processes of Tally solutions and specially answered our queries regarding the implementation of Enterprise Resource Planning (ERP) Solutions for their client Okaya Power Limited. We would also like to extend our gratitude towards Dr. Reema Khurana for providing us with this opportunity to study ERP systems
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