has stakeholders. Examples of stakeholder groups (beyond stockholders) are employees‚ suppliers‚ customers‚ creditors‚ competitors‚ governments‚ and communities. They often affect the corporation‚ law and markets but actually it consists of senior management‚ managers and employees. In this assignment‚ we will discuss role of stakeholders in terms of identification of learning and development within organisation‚ what is the nature and application of the practice of learning and development in context
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Corporate Governance refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It means carrying the business as per the stakeholders’ desires. It is actually conducted by the board of Directors and the concerned committees for the company’s stakeholder’s benefit. It is all about balancing individual and societal goals‚ as well as‚ economic and social goals. Corporate Governance is the interaction between various participants (shareholders‚ board
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Summary of Forecasting Profitability and Earnings In the competitive environment‚ there is a strong prediction in economic theory that profitability is mean reversion both within and across industries. For instance‚ under competition‚ firms will leave relatively profitless industries and turn into relatively high profitable industries. Some companies introduce new products and technologies that bring more profitability for an entrepreneur. Otherwise‚ the expectation of failure which makes companies
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relationship of audit techniques‚ audit procedures and assertions Audit technique - are the basic tool or means employed to obtain audit evidences. Audit procedures - are the application of audit techniques. Assertions – are representation of management as to the fairness of the financial statements. Audit Techniques Audit Procedures Assertions Count Counting of inventory‚ cash securities‚ unmatured‚ promissory note (to establish existence and where applicable‚ ownership and
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pure risk facing by the firm. a. Risk Avoidance: This requires one to stay away from implicative activities. However‚ this only minimized the risk‚ it does not eliminating it. b. Risk Reduction: These are the steps taken by the company management to deal with real and perceived risks. They are not expected to eliminate the risk‚ but minimize the chance of its occurring. c. Risk Transfer: This is the shifting of a risk from one party to another for example‚ by insuring property.
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TERM PAPER: CHALLENGES OF EFFECTIVE CORPORATE GOVERNANCE IN KENYA – A CASE FOR COMPANY XYZ‚ A LISTED MOTOR DEALER EXECUTIVE SUMMARY: This paper explores the challenges of effective corporate governance in the Kenya and how to address the irregularities experienced in the recent years. It examines the crucial role played by the Capital Markets Authority (CMA)‚ as a regulator of the Nairobi Securities Exchange (NSE) in addition to the role of the NSE in ensuring proper compliance to the Regulator’s
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Safai Karamchari: Analysis from health perspectives Introduction As human beings‚ health is very much matter of concern these days at a time when all stakeholders related to this has failed to provide adequate services to people. Of these people‚ Safai karamchari has known to be in the list of vulnerable category that has been deprived from basic amenities at work place for many years even after intervention by government. It is being said at political and social level that there is need to take
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This document contains ETH 376 Week 4 Individual Assignment Legality and Ethicality of Corporate Governance General Questions - General General Questions Resource: Case 3-3‚ United Thermostatic Controls in Ch. 3 of Ethical Obligations and Decision Making in Accounting Determine the legality of the activities based on federal‚ state‚ and local laws. Determine the criteria by which Sarbanes-Oxley would apply to this case. Determine the ethicality of the activities. Consider
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ACCG927 CURRENT ISSUES IN ACCOUNTING & Corporate Governance Week 1 Introduction and Overview of Accounting Theories 1 Introduction • • • • • • • • • • About the unit Teaching and learning strategy Assessments In-class essays Essay writing workshop Research essay Turnitin requirements Oral team presentation Required readings Importance of written answers each week 2 The Nature of Accounting & Corporate Governance Theory • What is a theory? Kerlinger‚ 1964: "A set of interrelated
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Earning of actors and professional athletes With the development of economy‚ people are satisfied with the physical needs. Thus people began to chase the spiritual needs. Entertainment and sports became an important way to do so. So there are many actors and professional athletes appeared. And they usually can get much money from their job‚ which many people cannot understand. Because people think actors and professional athletes are not worthy to get high salary. However‚ I think that actors and
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