SARBANES-OXLEY ACT ACCOUNTING FOR NON-ACCOUNTING MAJORS 04/22/2013 Sarbanes-Oxley Act a.k.a. “SOX” The Sarbanes-Oxley Act was enacted to establish new or enhanced standards for U.S. public company boards‚ management‚ and public accounting firms. It is also known as the “Public Company Accounting Reform and the Investor Protection Act of 2002. It was created by Senator Paul Sarbanes (D-Maryland) and US Congressman Michael Oxley (R-Ohio) and was signed into law on July 30th 2002. This
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106 Ballance Street Wellington (09) 489 6339 ext 679 jkwintle@gmail.com 26 August 2013 Les Dewitt Chief Executive Officer EarthPrime Incorporated Wellington Dear Mr Dewitt: RE: EarthPrime Communications Report Following the request from Les Dewitt for analysis regarding the issues of communication present within the EarthPrime organisation‚ this report has been created to identify areas of concern‚ and to suggest possible courses of action to improve the current situation. If
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argument with some recommendations that we feel will help make organizations as a whole better. High Pay‚ Low Performance Financial Crisis It is shown in several studies that high CEO pay is linked to low company performance. In the article‚ “Chief Executive Compensation: An Empirical Study of Fat Cat CEOs‚” by Kuo and Wang they describe the connection between CEO compensation and the financial crisis in 2008. As stated in the article‚ “the incentives built into the compensation plans of many
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Republic of the Philippines BATANGAS STATE UNIVERSITY Gov. Pablo Borbon Campus 1‚ Rizal Avenue‚ Batangas City ------------------------------------------------- COLLEGE OF ACCOUNTANCY BUSINESS ECONOMICS and INTERNATIONAL HOSPITALITY MANAGEMENT CASE ANALYSIS Edsa Radio and TV Company Staffing Best Engineering Consultancy‚ Inc. Planning Carlo Recio In Partial Fulfillment of the Requirement for the Course Bachelor of Science in Customs Administration PRINCIPLES OF MANAGEMENT Submitted By: Ronalyn
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Power and Influence Power and influence are a part of everyone’s life. Typically we see this demonstrated in a corporate setting‚ ranging from a Chief Executive Officer down to an entry level employee. Power and influence‚ however‚ are not tethered to just the corporate world‚ they are also found in social and family environments‚ as well. We will be looking at sources of power and influence that are specific to the organization that I work in‚ how that power and influence is accessed‚ the major
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Founded in 1984 by Aaron Beam‚ former CFO‚ and Richard Scrushy‚ the company’s former chairman and CEO‚ HealthSouth Inc. was on the rise and went public two years after Scrushy impressed a group of Wall Street investors with a presentation on the company’s potential. By 1990‚ HealthSouth expanded to a $1 billion corporation of hospitals and health care centers offering diagnostic services and rehabilitation therapy. By 1995‚ the company had health centers in all fifty states‚ plus 40‚000 employees
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Top Management’s Compensation and Its Harmful Effects Introduction Now-a-days it is becoming very common practice among companies to pay very high compensation to their CEOs (Chief Executive Officers) as well as top management executives. When general people come to know that CEOs and top executives draw a huge amount of compensation from their companies‚ they think what a teacher‚ a government employee make and wonder what those executives could possibly be doing to earn so much. But when shareholders
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years Farmer 6‚000 2 60 F Married 20 Teacher 53‚000 3 35 F Married 14 Clerk 8‚000 4 18 M Single 10 Shop Assistant 6‚000 5 35 M Married 8 Farmer 8‚000 6 39 F Single 16 Entrepreneur 50‚000 7 25 F Single 16 Shop Assistant 7‚000 8 35 M Married 18 Chief Executive Officer (CEO) 75‚000 9 27 F Single 14 Teacher 14‚000 10 30 F Married 10 Business (Cottage Industry) 30‚000 11 24 F Married 12 Shop Assistant 6‚000 12 55 F Single 18 CEO 50‚000 13 49 M Married 20 Lawyer 60‚000 14 45 M Married 21 Doctor of Medicine
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Spoupe Trident Introduction Facebook cannot be mentioned in a context of its creation or in the realm of business without mentioning its iconic creator and original lead programmer Mark Zuckerberg. The now Chairman and Chief Executive Officer to the 5.1 billion dollar company in revenue (in 2012) company‚ is a introverted young man all too familiar with controversy and unafraid to express his feelings to where his company stands in the present and where it should be growing in
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Introduction The WorldCom fraud that came to light in 2002 was an example of many things that went wrong within the organization. Unethical conduct by its senior leadership beginning with Chief Executive Officer (CEO) Bernard Ebbers was certainly at the forefront of these problems. The question is should a CEO like Ebbers have been sentenced to prison for his liability in the WorldCom scandal? My answer is yes‚ he should’ve gone to prison as well as other CEOs who engage in
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