1 THE ROLE OF FORENSIC ACCOUNTANTS IN CORPORATE GOVERNANCE Corporate governance is defined as the formal mechanism of direction‚ supervision and control put in place within a company in order to monitor the decisions and actions of its senior managers and ensure these are compatible and consistent with the specific interest of shareholders and the various other interests of shareholders who contribute to the operations of the company. Forensic Accountants are experienced investigators of legal and financial
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industrial revolution and the role that accountants played. The following essay shall discuss why the industrial revolution did not take place in comparison to Britain and the other leading countries. The role that accountants played In Europe will also be discussed. In order for these topics to be discussed the following will be looked at: The Colonization of Africa‚ how the start of the slave trade impacted the underdevelopment of Africa‚ the role of accountants in Europe during the industrial revolution
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There were several situations that lead the executives and managers of WorldCom to "cook the books." Acquisition of other companies drove WorldCom to spend beyond their means; managers were told to spend whatever was necessary to increase revenue‚ even if it meant that long-term costs would outweigh the short-term gains. This fiscally unhealthy mentality led to a very bad decision to enter into long-term fixed rate leases for network capacity with extensive punitive termination provisions. Once the
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Cigarette Smoking and Its Health Risks. Why do I need to know about the health risks of cigarette smoking? Cigarette smoking is the most preventable cause of illness and death. Cigarettes are filled with nicotine‚ which acts like a poison in your body. What are the health risks of cigarette smoking? You may have breathing problems that make it difficult for you to do daily activities or play sports. You have a higher risk of bone fractures because smoking can cause osteoporosis (brittle bones). If
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My Philosophy “CHANGE IS A CHALLENGE” I. Introduction Man needs philosophy in order to be able to think‚ act and live accordingly. It is a basic blueprint of a man’s actions from thinking‚ to interacting with others. The only thing that is constant is change. This saying is indeed true especially in the Philippine Education System. For every change implemented lies challengers on the part of the classroom teachers who portrays varied roles. The rapid changes in the world have made curriculum
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COMPREHENSIVE PROBLEM 5 The Gilster Company This problem covers various topics from Chapters 15 through 21. The emphasis is on job costing‚ overhead allocation‚ target costing‚ and incremental decision making. 60 Strong Copyright © 2015 by McGraw-Hill Education All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. COMPREHENSIVE PROBLEM 5 THE GILSTER COMPANY 60 Minutes‚ Strong a. Plantwide overhead rate using direct labor hours: Overhead
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COMPREHENSIVE PROBLEM 6 Utease Corporation 60 Strong This problem covers various topics from Chapters 22‚ 23‚ 24‚ and 25. Students are asked to prepare budget schedules‚ calculate variances‚ determine possible causes for differences between budgeted and actual results‚ and to perform ROI analysis. Copyright © 2015 by McGraw-Hill Education All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 60 Minutes‚ Strong COMPREHENSIVE PROBLEM 6
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" Ratemyprofessor.com" is a website well known to college students and high school students for giving insight into what students’ Professors will be like. The Article " Does ratemyprofessor.com really rate my professor?" discusses the websites usefulness as well as its accuracy based off of the topics used to judge the professor. The article‚ first seen in "Assessment and evaluation in higher education" comments on topics such as the websites use of the catagories "clarity" and "helpfulness".
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Accounting The nature of work of accountants and auditors is to prepare‚ analyze‚ and verify financial reports and taxes‚ and monitor information systems that furnish this information to managers in business‚ industry‚ and government. The major fields of accounting are Public accountants who have their own business or work for public accounting firms. They perform a large range of responsibilities such as doing taxes‚ numerous accounting and auditing‚ consulting activities for their clients‚
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In the assigned article “Ethical Lessons for Accountants‚” Thomas Buckhoff and LeVon Wilson state that the “good solider” defense does not excuse wrongful behavior. The “good solider” defense states that an individual should not be held responsible for their actions if they were merely following the requests of a supervisor. This defense allows individuals to participate in wrongful behavior and to claim no personal responsibility for their actions. I do not think the “good soldier” defense excuses
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