WorldCom: internal audit lessons to be learnt On June 9 2003‚ the U.S. Bankruptcy Court of New York issued a report on the WorldCom accounting fraud that expands on the court’s earlier findings of mismanagement‚ lack of corporate governance‚ and concern regarding the integrity of the company’s accounting and financial reporting functions. Supervised by former U.S. Attorney General Richard Thornburgh‚ the study was commissioned by the court to investigate allegations including fraud‚ mismanagement
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MEMO To: Duncan Clarke From: XXXXX Date: October 16‚ 2012 Subject: Balanced Scorecard Technique This memo is in response to your questions concerning the “balanced scorecard” technique that may be of use in the new strategic plan. This memo will first explain what balanced scorecard is and then discuss how it may be implemented. What is balanced scorecard? Balanced scorecard is a performance metric used in strategic management strategies‚ to help an organization monitor and improve
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COMPREHENSIVE PROBLEM 2 Music-Is-Us A mini-practice set illustrating numerous aspects of the accounting cycle for a merchandising business organized as a corporation. Students are expected to: (1) prepare a bank reconciliation‚ (2) make adjusting entries—including adjustments related to marketable securities‚ uncollectible accounts‚ inventory shrinkage‚ and depreciation‚ (3) prepare an income statement‚ a statement of retained earnings‚ and a balance sheet‚ and (4) assess the financial condition
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1) What is the intended role of each of the institutions and intermediaries discussed in the case for the effective functioning of capital markets? The main role of intermediaries is to fill the information gap between the investors who wish to invest money for higher returns and companies who need financing. Role of Venture Capitalists: The main role of VC is to screen good business ideas from the bad ones‚ invest in a good firm and nurture them until the company exits through a trade sale or
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DS Information Systems Corporation Memo To: From: Date: December 1‚ 2013 Subject: Funding Request for Business Writing Course As a Network System Administrator‚ I often send e-mails to various organizations at Nellis AFB and I am frequently asked to write memos‚ official letters‚ reports and briefings on the various projects our company is involved with. Currently‚ all of this work has to get reviewed by our site lead to ensure that it is error free‚ which sometimes causes massive overhead
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Merger Memo Learning Team B: Kathryn Alvino‚ Nadia Ge‚ Delores Jones‚ Wanda Soderberg-Beck University of Phoenix Author Note: This paper is being submitted on January 30‚ 2015‚ for Dr. Kale Kruger’s HCS/514 Managing in Today’s Health Care Organizations course. Merger Memo MEMORANDUM TO: All Employees FROM: Management Team DATE: January 30‚ 2015 SUBJECT: Healthcare International Organization Merger CC: Leadership Team In response to the recent merging
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Team Leadership Memo MGT/521 July 23‚ 2014 In accordance with the company’s initiative toward entering a new department‚ I have been asked to create this memo. Recently‚ I have been paired into a team with the assignment to meet the goals and expectations of the company. I‚ xxxxxxx‚ will team with xxxxxxx‚ xxxxxx and xxxxxxx in order to attain the goals assigned to our group. We share a lot of similarities in our personalities. By looking at the type of personalities’ we have‚ I think the best
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identifies the strategies for curriculum change in established institutions. The key issues identified in our study included frequent transfer of faculty of the designated colleges and perceived lack of: Continuation at the policy making level Communication between the stakeholders Effective leadership Keywords: Community-oriented
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Workplace Communication Comparison Complete the following matrix. For each communication method‚ list its purpose in the workplace‚ whether it is a technical or expository form of written communication‚ and why you classified it as such. Written communication method Purpose in the workplace Technical or expository writing Why the classification was chosen E-mail Information Sharing Expository Chosen because we transmit a message with the expectation of a reply Memo Bulletin Expository Chosen
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Memo 2 While working as the Community Coordinator in a model home there have been several learning objectives that I have been able to achieve so far. First‚ in order to improve problem solving skills I have focused on the communication piloting to the last impression our homebuyers have immediately leading up to their closing. Once a homebuyer closes their home the relationship that has been building the past 10 or so months fades out. However‚ the last impression can hurt or help us since the
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