ABINGTON-HILL TOYS‚ INC. PART I – INTRODUCTION Due to the death of the last original founder‚ Lewis Hill‚ the financial condition was deteriorating under Hill’s last-year control. Owners of the firm decided to find a capable manager to improve the firm’s financial condition and reshape the company as well. Then‚ Vernon Albright was selected as the new president of this company. Lately‚ David Hartly became the comptroller assistant and was responsible to analyzing the firm’s financial conditions
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Brham S. Inocencio BSA IV-A CASE 01 – Enron Corporation 1. List three types of consulting services that audit firms have provided to their audit clients in recent years. For each item‚ indicate the specific threats‚ if any‚ that the provision of the given service can pose for an audit firm’s independence. In the recent years‚ auditing firms provides the following consulting services to their clients: a. Internal auditing b. Design of accounting systems c. Various types of Information Technology
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FACULTY OF ECONOMICS UNIVERSITY OF LJUBLJANA INTERNATIONAL BUSINESS SCHOOL YEAR 2014/2015 INDIVIDUAL ASSIGNMENT (2-3 pages‚ typed and handed in personally on lectures) Read the case Haier’s U.S. refrigerator strategy and answer to the following questions: 1. What were the drivers of Haier’s success in U.S. initially and why? 2. How did the competitors (Big Three) react to the Haier’s success? How are their strategies different than Haier’s? 3. Why do you think Haier built a new plant in South
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Case #1‚ Part 1 “Don’t tell me we’ve lost another bid!” exclaimed Sandy Kovallas‚ president of Lenko Products‚ Inc. “I’m afraid so‚” replied Doug Martin‚ the operations vice president. “One of our competitors underbid us by about $10‚000 on the Hastings job.” “I just can’t figure it out‚” said Kovallas. “It seems we’re either too high or get the job or too low to make any money on half the jobs‚ we bid anymore. What’s happened?” Lenko Products manufactures specialized goods to customers’ specifications
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I Steel Asia case iSteelAsia is a secure‚ neutral steel trading e-commerce platform created by Andrew Cho Fai in december 1999 for steel industry professionals. Indeed‚ iSteelAsia enables users to purchase and sell steel‚ network with a global community of steel traders and find informations and news concerning steel industry. 1) Describe briefly the market itself and the market conditions (positive / negative trends‚ opportunities / threats) under which iSteelAsia developed. Identify more
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Blackwell. Duska‚ R. F.‚ and‚ B. S. Duska (2011). ‘Accounting ethics’ (2nd ed.). Development of Explicit Accounting Standard and Regulation. MA‚ Blackwell. Ferrell‚ O. C.‚ J. Fraedrich‚ and L. Ferrell (2008). Business ethics: ethical decision making and cases. Boston‚ Houghton Mifflin Co. Gendron‚ Y.‚ R. Suddaby‚ and H. Lam (2006). ‘An examination of the ethical commitment of professional accountants to auditor independence’. Journal of Business Ethics. Vol. 64 (2). Ghaffari‚ F.‚ O. Kyriacou‚ and R. Brennan
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and permit applications can now be served via the internet. As early as June‚ 2000‚ the Philippine government through the Senate and the House of Representatives approved the E-Commerce Law in recognition of the vital role of information and communications technology (ICT) in nation-building. Known as the "Electronic Commerce Act of 2000" or House Bill No. 9971‚ the act was passed because of the need to create an information-friendly environment which supports and ensures the availability‚ diversity
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Culture and E-Commerce; A Case Study for Cyprus Vasso Stylianou‚ Leantros Kyriakoullis‚ Andreas Savva Department of Computer Science‚ School of Sciences‚ University of Nicosia P.O. Box 24005‚ 1700 Nicosia‚ Cyprus‚ stylianou.v@unic.ac.cy Abstract This is a study of culture in relation to e-commerce behaviour using Hofstede’s theory on cultural dimensions and country clusters. The main objective of the current project is to provide a longitudinal view of how national culture affecting
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Case 1 Analysis of a Potential Audit Client Shea Galvin Review Comments Table of Contents Page 4: Discussion Questions Pages 5-6: Exercise Discussion Questions 1. An independent auditor would be needed so they can continue to be neutral. There is a possibility it could make the auditor not as self-governing if they are auditing Lakeside as well as the bank in which they are taking loans from. The auditing firm needs to stay free in mind
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1. Arthur Young was criticized for not encouraging Lincoln to invoke the substance-over-form principle when accounting for its large real estate transactions. Briefly describe the substance over form concept and exactly what it requires. What responsibility‚ if any‚ do auditors have when a client violates this principle? Substance-over-form is an accounting principle used to ensure that financial statements give a complete‚ relevant‚ and accurate picture of transactions and events. If an entity
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