without trivializing the need to sustain and drive a motivated high performing workforce. The company’s needed to sustain in a competitive environment‚ gave rise to the need to understand and learn to establish the context of competency mapping. Competency mapping is the process of identification of the competencies required to perform successfully a given job or role or a set of tasks at a given point of time. It generally examines two areas: emotional intelligence or emotional quotient (EQ)
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Abstract . . . . . . . . . . . . . . . . . . . . . . 2 Chapter 1 . . . . . . . . . . . . . . . . . . . . . 5 Introduction . . . . . . . . . . . . . . . . . 5 Chapter 2 . . . . . . . . . . . . . . . . . . . . . . 7 Eleven Titles of SOX . . . . . . . . . . . . . . 7 1. PCAOB . . . . . . . . . . . . . . . . . . . . . . 7 2. Auditor Independence . . . . . . . . . . . . . . . 8 3. Corporate Responsibility . . . . . . . . . . . . . 8 4. Enhanced Financial Disclosures . . .
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Question 1: What are the primary goals and tenets of SOX with respect to fraud? The Sarbanes-Oxley Act of 2002 was created to reduce financial statement fraud by two main congressmen; Senator Paul Sarbanes and Representative Michael OXLEY. The primary goal of the SOX was to fix auditing of US public companies ‚ also SOX improvement of the quality of audits in an attempt to eliminate fraud in order to protect the public’s interest‚ as well as for the protection of the investors (Donaldson‚ 2003)
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I. Background on SOX The Securities and Exchange Commission was created in 1934 to police the U.S. financial markets. The pioneers of the Securities Exchange Act of 1934 saw a close connection between protecting investors and maintaining a healthy economy. In the past years‚ the SEC did not provide the regulation and control that might have prevented the worst results of the first decade of the twenty-first century. Its failures were of two kinds. First‚ succumbing to the deregulatory environment
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CruiserThorr. The company is beginning to have issues with sales for this motorcycle. Marketing the image of a company is one of the most important aspects of a marketing plan. Perceptual mapping is a marketing research technique where a company takes all customer views of their product and plots it on a chart. Respondents are asked questions about the product such as performance‚ packaging‚ and pricing. This helps a company see where their product is compared to similar products by other companies
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followed‚ and was also put in place to help restore confidence in the financial market. SOX-Applies only to US companies on the US exchange‚ and is an Act put in place in 2002 to mandate all publicly traded corporations to maintain adequate internal control. SOX basically make sure that all US publicly traded corporation do what is in the best interest to protect the investment of stockholders. SOX-Sarbanes-Oxley Act of 2002 is an ACT that was put in place where all publicly traded U.S. corporations
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New performance management system and the performance improvement process Performance Measurement Systems: 1.0 Introduction There are 3 charts in this section Chart 1.1: This is a general introductory chart which has been tailored for measurements to demonstrate that a balanced scorecard is an integral part of business planning and strategy This chart emphasizes that strategy implementation must be top-down and a good measurement system is a powerful tool for achieving this. It also shows how
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A PROJECT REPORT ON “COMPETENCY MAPPING” AT AMS FASHIONS PVT LTD(ITC Limited) (NOIDA) SUBMITTED TO AMS Fashions Pvt Ltd‚NOIDA BY MUKTA SHAKYA MPM “DIV B”(2009-2011) SINHGAD INSTITUTE OF MANAGEMENT PUNE-411041 DECLARATION I ‚ MUKTA SHAKYA the undersigned‚ hereby declare that the project report entitled “COMPETENCY MAPPING” written and submitted by me to the AMS Fashions Pvt Ltd
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Week 5: Sarbanes-Oxley Act (SOX) Summary ACC/291 10 June 2013 Judith Bines Introduction The Sarbanes-Oxley Act‚ also known as SOX‚ is a federal law that requires publicly traded companies to individually certify the accuracy of their financial information. The law was enacted as a reaction to corporate accounting scandals that
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References: United States Securities and Exchange Commission (September 2009). Study of the Sarbanes-Oxley Act of 2002 Section 404; Internal Control over Financial Reporting Requirements. Retrieved from http://www.sec.gov/news/studies/2009/sox-404_study.pdf Price Water House Coopers. The Sarbanes-Oxley Act of 2002. Retrieved from http://www.pwc.com/en_US/us/sarbanes-oxley/assets/final_so_wp_2-boardsac.pdf “Corporate Governance. The Wall Street Journal Reports.” Wall Street Journal‚ February
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