Case 1.1 - Enron Corporation ------------------------------------------------- Discussion 1 The parties we believe to be most at fault for the crisis in this case are a) the Audit Firm engaged in the Enron audit (Arthur Andersen); b) Enron Management (Kenneth Lay‚ Jeffrey Skilling‚ Andrew Fastow; and c) the SEC. The Public Accounting Firm: Arthur Andersen The auditor has the responsibility to evaluate the risk of material fraud‚ including: * Incentives and motives for fraud : Enron was a fast
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of allotting congressional seats to each state following the census according to their proportion of the population. Some states will get more or less seats for representative based on population change. * Redistricting- is the process of redrawing congressional district to reflect increase or decrease in seats allotted to the state as well as population shifts within the state. The state decides how many seats a state receive. * Gerrymandering- is the drawing of congressional districts to
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Political System of the Philippines The political system of the Philippines occurs within an organized framework of a presidential‚ representative‚ and democratic republic with the president as both the head of state and the head of government within a pluriform multi-party system. The three brunches of government‚ the law-making body or the legislative branch‚ the law-enforcing body or the executive branch and the law-interpreting body or the judicial branch forms political system of the Philippines
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Just after ten years of Asian financial crisis‚ another major financial crisis now concern for all developed and some developing countries is “Global Financial Crisis 2008.” It is beginning with the bankruptcy of Lehman Brothers on Sunday‚ September 14‚ 2008 and spread like a flood. At first U.S banking sector fall in a great liquidity crisis and simultaneously around the world stock markets have fallen‚ large financial institutions have collapsed or been bought out‚ and governments in even the wealthiest
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Poor governance can be viewed as a major constraint to the development of a country. Through a brief political history of Sri Lanka this section will demonstrate the linkages present in a number of government issues that have hindered the development of Sri Lanka. Sri Lanka gained independence from Britain in 1947. From 1948 to 1977 Sri Lanka was a socialist country. Industries were nationalized and a welfare state was established. This improved living conditions but produced slow economic growth
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EN BAEN BANC [G.R. No. 157870‚ November 03‚ 2008] SOCIAL JUSTICE SOCIETY (SJS)‚ PETITIONER‚ VS. DANGEROUS DRUGS BOARD AND PHILIPPINE DRUG ENFORCEMENT AGENCY (PDEA)‚ RESPONDENTS. Facts: In its Petition for Prohibition under Rule 65‚ petitioner Social Justice Society (SJS)‚ a registered political party‚ seeks to prohibit the Dangerous Drugs Board (DDB) and the Philippine Drug Enforcement Agency (PDEA) from enforcing paragraphs (c)‚ (d)‚ (f)‚ and (g) of Sec. 36 of RA 9165 on the ground that they are
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U.S. ENVIRONMENTAL PROTECTION AGENCY OFFICE OF INSPECTOR GENERAL Audit Follow-Up Process Needed for the U.S. Chemical Safety and Hazard Investigation Board Report No. 13-P-0128 Scan this code to learn more about the EPA OIG. February 1‚ 2013 Report Contributors: Gloria Taylor-Upshaw Richard Eyermann Michael Davis Bettye Bell-Daniel Michael Binder Abbreviations CSB EPA FY GAO IG MATS OIG OMB U.S. Chemical Safety and Hazard Investigation Board U.S. Environmental
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Individual Privacy vs. National Security ENG 122 Individual Privacy vs. National Security Since October 26‚ 2001‚ Americans have been debating the issue of the USA PATRIOT Act (PLAW 107-56‚ 2001) and its claimed encroachment of American civil liberties and Constitutional rights. Many Americans oppose this new law because they believe it gives the Federal Government and its agencies too much freedom to conduct surveillance using various methods (i.e.‚ cell phones‚ internet‚ financial systems
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Public Policy Influences Government Stakeholders: Government Stakeholders Influences Public Policy James Dykes Williams University: ORG-807 January 22‚ 2014 Public Policy Influences Government Stakeholders: Government Stakeholders Influences Public Policy The American people expect that government and government-reliant organizations will protect their interests when there are imminent threats to the well-being of citizens and humanity. In the process of sustaining trust from
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In the United States government‚ there are three branches: The Legislative‚ Executive‚ and Judicial. The Legislative Branch consists of the House of Representatives and the Senate‚ which forms the United States Congress. The Executive Branch is basically just the President and the Vice President heading over the armed forces‚ coming up with and enforcing laws written by Congress‚ and the Vice President assumes the Presidency if needed. The Judicial Branch is appointed by the President and confirmed
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