Internal Controls in Accounting for publicly traded companies. Regulations and Guidelines for the President‚ CEO‚ and CFO. 10/05/2012 By: Accounting 504 Table of Contents I. Introduction II. Rules‚ Regulations‚ and Guidelines III. Advice to LBJ Company IV. Conclusion This document is intended to serve as an informational piece regarding steps and procedures that would need to be followed for the purposes of bringing a privately held company into regulations
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Case Study: Enron Corporation Accounting Scandal 1. What is Enron Scandal? Formed in 1985 from a merger of Houston Natural Gas and Internorth‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial contracts linked to the value of energy
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The Brewster-Seaview Landscaping Co. owned and run by Joe Brewster is small private landscaping company that hires students in the summer. During the first summer the workers showed great enthusiasm and responsibility for the work that they were doing due to the relaxed and informal atmosphere Joe had provided. Maslow’s theory of hierarchy refers to the model that displays the order of what factors motivate workers. As the lower level need becomes satisfied‚ the next higher need is the primary motivator
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Evaluation Accounting 504: Managerial Use & Analysis Case Study 2 Written by: 8/10/13 This evaluation is being presented as an assessment of the preparedness of the LJB Company to go public at a future date. By researching current regulations regarding publicly traded firms we hope to prepare for a smooth transition into the trading market. The Sarbanes-Oxley Act of 2002 (SOX) has established the following guidelines for publicly traded corporations and require
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M-Arch’s Landscaping (About Us/Who We Are) M-Arch Landscaping‚ is an year round landscaping company designing for residential and commercial clients for decades. The company’s prestige dwells on strong commitments to timely execution of exceptional works. Ranging from custom designs to comprehensive installations‚ the team create inspiring landscape’s that are functional‚ pleasing and adaptable to your surroundings. Skilled‚ knowledgeable and talented thinkers outline the blueprints for meeting seasonal
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Case Study 1 Professor Blankenship Accounting 504 July 28‚ 2013 Salithia Smith Requirement 1- Prepare the Journal Entries in the General Journal Flower Landscaping Corporation General Journal Date Description Debit Credit |March 1 |Cash |72000 | | | |Common Stock
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To: President of LJB Company‚ Thank you for selecting our firm to provide your company with an evaluation of your organizations internal control system. Internal control systems are vital in securing your organizations assets‚ it will limit the risk of fraud as well as misuse of your assets. Comprehending how to separate duties among your employees will aid in improving transparency as well as keep your company financially strong. Before the company decides to go public it is important to know
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What is landscaping? Landscaping is improving the natural beauty of a piece of land by planting. Landscaping involves creating different topography (land position and elevation) and сombinations of plants and flowers. Landscaping Planting Ideas Proper plant selection is one the most important "secrets" in successful landscaping. Plants and colors are the "flavors" that bring your garden to life. They’re also elements that can be used with purpose such as screening‚ shade‚ erosion control‚ dividing
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Accounting 504 Case Study 2 Keller Graduate School of Management Prepared by: Samara Ellison Prepared for: Professor Hicks 3 April 2013 To: LJB Company President From: Samara Ellison‚ Accounting Firm Subject: Evaluation of LJB Company’s Internal Control Structures Date: 3 April 2013 Hello LJB Company President: First‚ I would like to thank you for hiring my accounting firm to evaluate LJB’s internal controls system. This report will inform you of any new internal control requirements
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Case Study: The Corporation 1. In the mid 1800s the corporation emerged as a "legal person" by way of maneuvering in the legal system. For the next 100 years we saw the rise to dominance of the corporation. The corporation created unprecedented wealth but at what cost? The externalities of corporate operations are responsible for countless cases of illness‚ death‚ poverty‚ pollution‚ exploitation and lies. Voice your opinion on this. Who Is Responsible for regulating these Corporations?‚ The Government
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