experienced by its key competitors‚ Leslie Fay reported impressive sales and earnings throughout the late 1980s and early 1990s. To make his major customer happy Pomerantz had to approve significant markdowns in Leslie Fay’s wholesale prices and grant those customers large rebate. In 1993‚ Donald Kenia‚ the company’s controller‚ took full responsibility for a large accounting fraud revealed to the press by John Pomerantz. Leslie Fay’s earnings had been overstated by approximately $80 million from 1990-1992
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to expand on why this is important for the child parent or legal guardian and also why they are put in place. Firstly I am going to discuss the Safeguarding Policy. Safeguarding Policy Safeguarding is the policy that describes the function of protecting adults and children from abuse or neglect. It is an important shared priority of many public services‚ and a key responsibility of local authorities.Safeguarding relates to the need to protect certain people who may be in vulnerable circumstances
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CHAPTER - 1 INSURANCE 1.1 Introduction In law and economics‚ insurance is a form of risk management primarily used to hedge against the risk of a contingent‚ uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss‚ from one entity to another‚ in exchange for payment. An insurer is a company selling the insurance; an insured‚ or policyholder‚ is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for
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Protecting interest of the minority Shareholders M S Siddiqui Legal Economist and pursuing PhD in Open University‚ Malaysia e-mail: shah@banglachemical.com The over-investment by directors is not good for the stock market and it should be addressed properly to find a way out and safeguard interest of minority shareholders from the experience of other markets‚ writes M S Siddiqui………………. http://www.thefinancialexpress-bd.com/2013/11/25/5614 In Asian countries including Bangladesh‚ the
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during the investigative stages‚ and through trial. In 2002‚ § 1512(c)(2) was enacted as part of the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley"). Sarbanes-Oxley Act of 2002‚ Pub. L. No. 107-204‚ § 1102(c)(2)‚ 116 Stat. 745‚ 807 (codified at 18 U.S.C. § 1512(c)(2) (2012)). Before its enactment‚ § 1512(c)(2) was part of the Victim and Witness Protection Act of 1982 ("VWPA"). Victim and Witness Protection Act of 1982‚ Pub. L. No. 97-291‚ 96 Stat. 1248. "The [VWPA] was enacted to protect those persons with
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Motives for the cheats The motives for fraud are clear‚ it’s a financial crime. People can not pay the bills. They figure stealing from an insurance company which is big and greedy is no great moral wrong and no one will miss the money. However‚ even if the company is big and greedy it is still wrong. How people get caught by an insurance company Fraud units at insurance companies are experts. But the reason people get caught are for obvious reason. People make stupid mistakes. However‚ as a word
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Evaluate the effectiveness of the regulatory regime in a selected market of your choice In this task I will be evaluating the effectiveness of the regulatory regime in a selected market; I will be doing this by identifying a market or industry in the UK business market and researching on the existing regulatory regime governing that particular market. I will also analyse critically how effective it has been implemented and if it is achieving its purpose. I will also discuss its successes and failures
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CORPORATE GOVERNANCE – AN ANALYSIS OF HOW PUBLISHED REPORTS HAVE IMPROVED ITS SIGNIFICANCE CORPORATE GOVERNANCE – AN ANALYSIS OF HOW PUBLISHED REPORTS HAVE IMPROVED ITS SIGNIFICANCE This report is submitted as a partial compliment for the Risk and Control Strategy module of the BBA degree’s 4th Semester Prepared by THILANKA HEWAGE Table of Contents 1. Introduction 2. What is Corporate Governance? 3. Corporate Governance Today 4. Reports on Corporate Governance
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1.3 Evaluate aspects of inclusive learning Inclusive learning is a well known concept required in order to meet the needs of all learners‚ in particular the need for belonging as defined by Maslow. It has been given many definitions but can be broken down to mean teaching approaches that include the following factors as demonstrated by the writing of Gravells (2012). Involves all students Treats all students fairly Considers all students to be equal Without the direct or indirect exclusion
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Protecting the environment Every company should invest in our environment. We live in a time when the environment is in danger‚ so it is important to protect it. We need a healthy environment in order to survive‚ so we must protect it. We need to protect the environment now to help prevent health problems‚ to maintain the ecosystem‚ and to preserve the Earth for our children. Pollution from factories and cars can cause damage to the environment. It makes the air dirty. Breathing this dirty air causes
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