Enron disaster. The formal charges and jail sentence were a result of the obstruction of justice caused by the destruction of the audit papers. 3. What was the prime motivation behind the decisions of Arthur Andersen’s audit partners on the Enron‚ Worldcom‚ Waste Management‚ and Sunbeam audits; the public interest or something else. Cite examples that reveal this motivation.- The prime motivation behind the decisions of Arthur Andersen’s audit partners was revenue generations. They wanted to make
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Qn5: Explain the role of Khula in traditional Hanafi Law‚ in traditional Maliki Law and in the present law of Egypt. Under Islamic law‚ divorce can take place in three forms‚ namely by talaq (repudiation of wife by husband)‚ by khula (by mutual consent) or by faskh (decree of the court dissolving the marriage). It can be said that If Talaq is defined as the right specifically granted to men to divorce their wifes ‚ khula can be said to be its equal for women as it gives them the right to raise
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1. What did Arthur Anderson contribute to the Enron disaster? Arthur Andersen (AA) contributed to the Enron disaster when AA consulting became its own separate entity‚ named Accenture. Revenues from consulting services surpassed revenue from auditing services. A natural competitiveness grew between the two rivals and this is where the problems began to start. Management held maximinizing revenues as their primary focus of success and promotions/bonuses were based on this factor. The CEO of AA‚ Joe
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Unit Part A : 1. 2. 3. 4. 3 Hours Annexure ‘ J ’ 80 Marks Periods Marks 10 25 18 7 60 Accounting for Partnership Firms and Companies Accounting for Partnership Firms - Fundamentals Accounting for Partnership Firms - Reconstitution and Dissolution Accounting for Share Capital Accounting for Debentures 20 52 38 14 124 Part B: Financial Statement Analysis 5. Analysis of Financial Statements 6. Cash Flow Statement 7. Project Work Unit 1 : Project File Unit 2 : Written Test Unit 3 : Viva
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How Far Do You Agree That Henry Was Severely Damaged By The Pilgrimage Of Grace? [30 Marks] The dissolution of the monasteries had not attracted significant opposition elsewhere but was an important factor in the Pilgrimage of Grace‚ which was the only major rebellion of Henry’s reign. The Pilgrimage of Grace was the central event in a series that took place in 1536‚ firstly in Lincolnshire and the across Yorkshire and the north-west. Some would argue that this rebellion was not a major threat
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Relationships Discuss theories of relationship formation The sociobiological explanation is an evolutionary theory which perceives relationship formation as a form of ‘survival efficiency’‚ with different focus between genders. Males are not certain of paternity and produce lots of sperm‚ so their best strategy to further their genes is to have multiple partners. The explanation sees males looking for signs of fertility such as smooth skin‚ and sexual faithfulness as they do not want to waste resources
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accounting principles were not being followed and hid the fact that Enron’s policies and internal controls were not good enough to protect its shareholders. 3. The prime motivation behind the decisions of Arthur Andersen’s audit partners on the Enron‚ WorldCom‚ Waste Management‚ and Sunbeam audits was not public interest‚ as it should have been‚ but how much of a profit could be made. Examples that reveal this motivation include the fact that the CEO only ever reported profit as a measure of success‚
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Subashini Rajasingam v. Saravanan Thangathoray & Other Appeals [2008] 2 CLJ 1 FC Summary of the case: (4 marks) There were three appeals (02-19-2007(W)‚ 02-20-2007(W) and 02-21-2007(W)) before us and with the agreements of the parties‚ they were heard together. The parties to the three appeals were originally Hindus husband and wife; they were married pursuant to a civil ceremony of marriage that was registered on 26 July 2001 pursuant to the Law Reform (Marriage and Divorce) Act 1976 (the 1976
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It is due to the extremely slow dissolution rates of the glassy matrix and crystalline aluminosilicate phases (Dudas‚ 1981). Aluminium was found to be leached from fly ash in column study‚ as 0.5 ppm at 10th day of experiment. At 20th day of experiment‚ concentration of aluminium in leachate
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Impact of Unethical Behavior The impact of unethical behavior is wide spread‚ and does unimaginable damage to people‚ and business alike. The results of unethical behavior on the grandest scale would be Enron‚ Tyco‚ and Global Crossing‚ or WorldCom. Greed led to accounting abuses‚ cover ups and every day people becoming whistle blowers. Manipulating financial reports is illegal and unethical because the financial records are supposed to show the core financial results of the business
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