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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Parmalat It has been named as “Europe’s Enron” – the legend that took down Italy’s milk selling company Parmalat and its controlling executives‚ American banks‚ audit firms‚ even politicians and 130‚000 of its helpless small shareholders after the discovery in the year 2003 of the $14 Billion black hole in the company’s finances. The company’s fraud was uncovered when the company failed to pay the cash to the bondholders. Summary: This discovery led to eight years of court cases in Europe
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the case of Deloitte & Touche there error was telling Molex‚ Inc that thy would only be able to complete its review of the first quarter results in connection with the company’s 10-Q filing when representations were received from the new CFO and a new CEO and if both King and Bullock were removed as executive officers having no influence over financial reporting or internal controls. 2. Describe what you think the auditors should have done differently and explain why. Deloitte & Touche demonstrated
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1. Reviewing GM’s financial information in GM Exhibit 1 and its stock price in GM Exhibit 2‚ when do you first see signs of GM’s impending financial distress? The sign of GM’s impending financial distress is first seen in 2005. GM reported a net loss of more than $10 billion and has continued to post annual losses since that time with losses reaching almost $31 billion in 2008. GM’s cash flow from operations in 2005 was a negative $16.8 billion. Reviewing GM’s stock price‚ we can see that the stock
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Tool given on page 5 of the article‚ and assess the depth of learning in your organization. For scoring the criteria given therein‚ you may use any of the measuring scales you have learnt in your earlier course. This exercise has been done for Deloitte & Touché and the External Audit service line. The scoring for the questionnaire is as follows (per the document) - 7 point scale for Supportive Learning Environment - 7 point scale for Concrete Learning Processes and Practices - 5 point scale
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Talent management in Indian upstream oil & gas sector July 2010 www.deloitte.com/in 2 Contents Talent management in Indian upstream oil & gas sector Abstract The Indian Upstream Industry Key challenges in Indian upstream industry The Solution The Develop – Deploy – Connect Model Developing periodic table of talent Workplaces of tomorrow State of the art retention strategies People-to-people knowledge transfer Examples of how used during lifecycle People-to-content
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Artur Czapla is the manager of my big real estate company‚ called MIG-Investments. He was born on the 23rd February 1985 and has started his career at a very young age. While still a teenager‚ he has interned at companies such as Deloitte and also worked at his father’s firm to gain valuable experience. He was admitted to MIG-Investments for the position of a sales representative and has worked his way up to the administrative position over the course of 3 years. His main responsibilities as a manager
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Writing the narrative: the triumphs and tribulations By Afra Sajjad Introduction In recent years‚ particularly since the advent of the global financial crisis‚ the debate has grown over whether annual reports have relevance to investors and other users‚ and enable them to make proper decisions on companies’ prospects. To bridge the perceived information gap‚ and to satisfy the information requirements of the standard setters‚ narrative reporting has come to the fore. In its various guises – Business Review
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com/sites/francinemckenna/2012/12/21/pwc-and-thomson-reuters-in-china-u-k-business-alliance-violating-auditor-independence/ [Accessed 05 February 2013] Kim‚ K. et al (2009) Corporate Governance‚ Third Edition‚ Prentice Hall‚ USA SEC (2013) ‘SEC Charges Deloitte & Touche for Adelphia Audit. 2013. SEC Charges Deloitte & Touche for Adelphia Audit’ [Online] Available at: http://www.sec.gov/news/press/2005-65.htm [Accessed 05 February 2013 Sherer‚ M. & Turley‚ S. (2007) Current Issues in Auditing‚ Third Edition‚ SAGE Publications‚ London
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20 Apr. 2012. <http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055>. 5 "Nortel Networks Files for Bankruptcy Protection." CBC News. 14 Jan. 2009. Web. 20 Apr. 2012. 6 "Deloitte ’s Hand Everywhere‚ Nortel Trial hears." Financial Post. Web. 23 Apr. 2012. <http://business.financialpost.com/2012/04/13/deloittes-hand-everywhere-nortel-trial-hears/>. 7 "Top Former Nortel Execs Charged with Fraud." Web. 23 Apr. 2012. <http://www.canada.com/ottawacitizen/news/story.html?id=c0d441c3-223a-4855-b3ad-09f6144727fa>
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