organisational goals. However‚ according to research and surveys conducted by Deloitte & Touche (2004) and the Internal Audit Agency of Ghana (2006)‚ much of the work of Internal
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and intangible benefits 5.7 Future opportunities 6. Conclusion 7. Appendix 7.1 AVEVA background 7.2 Woodside background 7.3 Cost and benefit breakdown 1 3 3 5 5 5 7 7 7 9 10 10 10 10 11 11 12 12 13 15 15 15 16 2 1. Executive summary Deloitte was commissioned to conduct a post implementation review of AVEVA NET at Woodside Energy Limited (WEL); to identify the return on investment (ROI) achieved to date and forecasted through to 2014. In 2004 Woodside commenced the implementation of the
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Tax Alert 06/2013 2014 Mexican Tax Reform On September 8‚ the Executive Power filed before Congress the Economic Package for the 2014 fiscal year. The Economic Package includes not only the General Criteria for Economic Policy‚ the Federal Revenue Law and the Federations’ Expenditures Budget‚ but also a series of initiatives to modify current tax laws and even the enactment of new legislation. Among the highlights there are the amendments to Income Tax (ISR)‚ Value Added Tax (IVA)‚ the Special
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traditional (hazard) risks were insured by its treasury – Insurance Risk Management Unit. However‚ this individualistic approach did not serve the intent of the company well and hence in consultation with insurance specialists Marsh Inc.‚ auditor Deloitte & Touché and insurance Underwriter AIG‚ a new cost efficient method for managing Honeywell’s risk was created. Thus‚ Integrated Risk Management Program was born that combined protection against Honeywell’s currency risk and other traditionally insurable
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Pratt and R Donaldson‚ T. and Preston‚ L. (1995). A stakeholder theory of the corporation: Concepts‚ evidence‚ and implications‚ Academy of Management Review‚ 20 (1): 65 – 91. Dugan‚ I. J.‚ Berman‚ D. and Barrionuveu‚ A. (2001). On camera‚ people at Andersen‚ Enron tell how close they were‚ The Wall Street Journal‚ Dutton‚ J. E. and Ashford‚ S. J. (1993). Selling issues to top management. Eisenhardt‚ K. (1989). Agency theory: An assessment and review‚ Academy of Management Review‚ 14: 57–74. Fama‚ E
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Case Study of Just For Feet Inc. Xuan Zhang Q1. Prepare common-sized balance sheets and income statements and compute key ratios for 1997-1998. What were the high-risk financial statement items for the 1998 audit? * Common-sized financial statements: * Key ratio analysis: Liquidity and solvency: | 1999 | 1998 | 1997 | Current ratio | 3.387 | 1.998 | 2.142 | Debt to equity | 1.117 | 0.672 | 0.720 | Times interest earned | 6.376 | 24.665 | 28.286 | Activity | | |
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auditor to provide an objective report on the issue at the center of the dispute—as happened during Deloitte’s 1997 audit of Livent. Discuss an accounting firm’s responsibilities when it is retained to issue such a report. 5. Do you believe Deloitte & Touche should have approved Livent’s decision to record the $12.5 million “naming rights” payment as revenue during the third quarter of 1997? Defend your answer. What broad accounting concepts should be considered in determining the proper accounting
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The Deloitte Swiss Watch Industry Study 2014 Changing times Foreword Welcome to the third Deloitte Watch Industry Study. Building on the success of the last two editions‚ more than 50 senior industry executives participated in this year’s study through an online survey or personal interview. The study highlights the views of watch company executives on the key challenges and opportunities facing the Swiss watch industry. 15 09 14 Geneva SMI DAX FTSE 2 missed calls 3 new messages +0.62 +0.21 -1
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Jamaica Water Properties * Introduction The case is about an accounting fraud that involves the Jamaica Water Properties‚ Inc. This fraud was discovered by David Sokol‚ who was at that time served as COO (Chief Operating Officer) of the Jamaica Water Properties‚ Inc. The main culprit was Ernest Grendi‚ JWP’s CFO‚ helped by several of the company’s senior accountants. Moreover‚ the company’s external auditor‚ Ernst & Young‚ seems to be involved as well. This case will show regarding the
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blamed the accountants for not invoicing sales of up to $1.8 million. The directors said a new computer system was the problem‚ although they were unable to prove it. The directors then sought another opinion by engaging the accounting firm of Deloitte Touche
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