behind the inefficiency of Ernst & Young when filing personal tax returns. In addition to a process map indicating the process that the staff is required to go through and time each process takes‚ discussion on how such process can be reengineered will follow. Finally‚ under the assumption that the concurrent technological support is available‚ an analysis on the cost and benefits of new information technology will be provided. EVALUATION OF PROCESS Although Ernst &Young believes that extra checks
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Case Study – ZZZ Best‚ Inc. 1. Ernst & Whinney never issued an audit opinion on financial statements of ZZZZ Best but did issue a review report on the company’s quarterly statements for three months ended July 31‚ 1986. How does a review differ from an audit particularly in terms of the level of assurance implied by auditor’s report? A quarterly review report is issued by a CPA and reviewed by an auditor to provide assurance that the financial statements are fair and follow the GAAP standards. Quarterly
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evidence in order to support the numbers given in the financial statements. This type of review report does not provide enough assurance that is needed in order to have a better understanding made by management. In the case of ZZZZ Best‚ Minkow retained Ernst & Whinney to perform the following year’s audit. However‚ instead of performing an Audit‚ they decided to provide a review of the company’s financial statements for the three-month period ending July 31‚ 1986. They chose not to perform an audit
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.Analysis. Four Seasons Hotels was founded by Isadore "Issy" Sharp‚ born on October 8‚ 1931.Sharp’s father‚ Max‚ emigrated from Poland to Palestine in 1920‚ where he helped build one of the first kibbutzim. Relocating to Toronto five years later‚ Max worked for a few years as a journeyman plasterer; he married and began a family that would include his son Issy and three daughters. Drawing on his home renovation experience‚ Max Sharp soon began purchasing houses‚ repairing and decorating them‚ and
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A leader is a person who influences a group of people towards the achievement of a goal. The types of leaders vary but in this case‚ we will be dealing with the religious and political leaders. A religious leader is one who is recognized by a religious body as having some authority within that body while a political leader is a person actively engaged in politics especially a full time professional member of a deliberate assembly. A political leader can also be a person who is experienced or skilled
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Ernst Hans Gombrich was an Austrian art historian as well as a writer. E.H. Gombrich lived in the 20th Century. Gombrich graduated from the University of Vienna. After that he worked at the Warburg University of London as a Research Assistant in 1936. During the Second World War the BBC employed him as a Radio Monitor. In 1956-1959 Gombrich was a professor of the History of Art at the University. Throughout his life Gombrich had many jobs‚ such as historian professor‚ director and a writer. Gombrich
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Some people believe that leaders are born with the necessary qualities that make them successful as a leader. While others believe that leadership‚ like many other similar characteristics‚ can be learned and developed through life. For me‚ I think much of the debate depends on how you define leadership. If leadership means having an ability and desire to inspire and influence others then I can see the argument that leaders are born with leading qualities. For example when I see my sister using
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Running Head: THE LEADER OF THE FUTURE Chantell Hilliard Post University The Leader of the Future BUS 508 December 15‚ 2012 Professor Carolyn Shiffman Table of Contents Executive Overview…………………………………………………….…...3 Challenges for future leaders…………………………………………….…..4 Blueprint for dynamic planning………………………………………….…..4 Areas of focus for leaders of the future…………………………………..…..5 Lessons from past leadership…………………………………………..….….7 Future Generational Workforce………………..………………………..……8
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What makes a leader effective? Our world as we know it cannot run without leadership. From presidents and prime ministers to teachers and parents‚ we are always under the leadership of others‚ and often lead others ourselves as well. For such a fundamental concept in current society‚ it is surprising that many do not know what makes a leader effective. First of all‚ leaders need to be capable people. They usually have some sort of education in the area they are leading in‚ as well as talent or
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QUALITIES OF A LEADER Different companies‚ teams and situations need different kinds of leader and leadership qualities. However those leaders always possess some basic qualities which I appreciate such as: communication‚ trustworthy‚ confidence‚ enthusiasm‚ stability‚ thoughtfulness and be a model. Communication is the key to become a good leader. He/She should stay close with the team and care for them in only their work but also their privation if possible. People always want to be cared‚ especially
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