The Global Fraud Survey not only provides information about different types of frauds schemes and characteristics of fraud perpetrators but also provide a deep insight into the red flags associated with it. According to Survey‚ Two thirds of frauds were committed by males‚ between the age of 31 and 45‚ and male perpetrators have caused twice the loss as compared to women perpetrators. According to the article‚ only 7% of fraud perpetrators had previously been convicted or charged with fraudulent
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Internal Recruitment The assessment of an employer’s current staff to ascertain if any current employees are sufficiently skilled or qualified to perform required job vacancies. When a business engages in internal recruitment‚ a current employee might be reassigned to the new position by giving them either a promotion or an internal transfer. Advantages of Internal Recruitment Reduced Recruiting Costs There are costs associated with recruiting‚ especially when your search is conducted outside of
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monitor and evaluate customer service to internal customers - Knowledge Questions 1. Understand the meaning of internal customer 1.1 Describe what is meant by internal customer Internal customers are people within your own organisation such as employers or colleagues who you provide a service for‚ e.g. 2. Know the types of products and services relevant to internal customers 2.1 Describe the products and services offered by own organisation to internal customers 3. Understand how to deliver
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What is internal control and why is it important The American Institute of Accountants first defined the term internal control in 1949‚ followed by further clarifications in 1958 and 1972. In 1977 publicly held companies came under legislation to adequately implement controls to protect their financial information. A report by the Committee of Sponsoring Organizations in 1992 and the Sarbanes-Oxley Act of 2002 are more recent documents defining internal controls.( Bishop‚ 1991‚p.117-123; Colbert
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POETRY ESSAY – “THE RIVER STORY” BRAD HARDSTAFF Brian Patten has produced a great poem called “The River Story”‚ which is about a river and how human pollution has affected it over years and years‚ plus he describes what it was like before and how the river was living. Brian Patten wrote this poem in a huge amount of detail and specifically to show how a river can be affected from human population and the aftermath from the devastation and destruction of the humans to the river. Brian Patten’s
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In general‚ millennials possess different but unique characteristics compare to past generations. Different characteristics are being identified and how they are different from the other generations. The literature also shows how millennials value their work on various aspect of work and work related outcomes. The identified millennial characteristics will support on how to appraise their characteristics in terms of personal and professional level. It is really challenging when
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Internal Control Definition Internal control is broadly defined as a process‚ effected by an entity’s board of trustees‚ management‚ and other personnel‚ designed to provide reasonable assurance regarding the achievement of objectives in the following categories: 1. Effectiveness and efficiency of operations 2. Reliability of financial reporting 3. Compliance with applicable laws and regulations 4. Safeguarding of assets Internal control consists of five interrelated components:
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15 points about romantic poetry 1) Romantic poetry was written during the period of Romanticism‚ which was in the late 1700s in Western Europe. 2) Romanticism was a movement that strongly emphasized on emotion and was against the norms of the “Age of Enlightenment”. 3) Romantic poets are known for their vivid and colorful language‚ and for their highly elevated ideas and themes. 4) The “Big six” poets of Romantic poetry are: William Blake‚ William Wordsworth‚ Samuel Coleridge
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ELEMENTS OF DRAMA “All the World’s a stage…” William Shakespeare DRAMA Comes from the Greek word ‘dran’ Means ‘To act’ or ‘To do’ The doing/acting makes drama DRAMA… …is a story told in front of an audience. TERMS PLAYWRIGHT- the author of the play PLOT- action of the play SETTING- time and place ACTS- Divisions within a play (much like chapters in a novel) SCENES- smaller parts of an act. ASIDE- lines that are spoken by a character directly to the audience. DRAMATIC
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INTERNAL ACTORS (AND EMPLOYEE REPRESENTATIVES) Directors The most prominent group of actors in corporate governance are the company’s directors. They can be either executive or non-executives directors (NEDs); the numbers and split of executives to NEDs will partly depend upon the regulatory regime of the country. It is generally the case that investors and regulators prefer there to be more NEDs‚ as their independent scrutiny of the company‚ its controls
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