The Effect of Sarbanes-Oxley (SOX) and the Public Companies Accounting Oversight Board (PCAOB) on Auditing Practice In business‚ there should have various rules and regulation governing in order to avoid mismanagement and frauds associated. In the United States‚ several bodies have been put in place to oversee‚ create registration‚ reporting and‚ providing transparency. Such bodies include‚ the Sarbanes-Oxley (SOX) which eventually resulted in the creation of the Public Company Accounting Oversight
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MODULE 3: CIT CASE QUESTIONS 1. The three aspects of fraud - Perceived pressure‚ Rationalization‚ and Opportunity were present in the CIT case as follows: Pressure- Niakan was placed under much pressure to meet monthly targets. The senior VP Ms. Thompson had earlier criticized his performance when it fell below expectations. Niakan had also been warned in his 2002 annual review that his team needed to improve end of lease sales and inventory returns. Apart from this work angle Niakan had personal
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RADIATION DETECTION IN VEGETABLE LEAVES: A COMPARATIVE CASE STUDY IN COASTAL AND HINTERLAND REGIONS OF AKWA IBOM STATE BY Godfrey T. Akpabio‚ Ime E. Essien And Bassey E. Bassey. Department of Physics‚ University of Uyo‚ Uyo. ABSTRACT Radioactive radiation level was detected for five samples of vegetable leaves namely: Water leaf‚ Fluted Pumpkin‚ Editan Lasientera africana and Afang Gnetum africanum. These vegetable leaves were collected from Uyo (interland region) and Ibeno
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Following are some of the most extreme examples of gross misconduct regarding fraud in our history. The Waste Management Scandal in 1998. They reported 1.7 billion in fake earnings by increasing the length of depreciation time for property‚ plant and equipment on the balance Page 2 sheets. The fraud was detected when a new CEO was brought in and the new management team went through the books. Motivation seems to be that this publicly traded company needed to keep stock prices up to keep investors
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the raw materials used are imported‚ or are stolen. Fraudulent bonds‚ permits and entries Bonds are like insurance. These are promises or declarations that in case of non-performance the bond shall be taken by the beneficiaries. In the tax of tax fraud the bond referred to here are actually non-existent and are never enforceable in the tax authorities decide to exercise the right to take the bond such as failure to pay an installment on a tax deficiency or tax return. Another criminal offense is
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ROAD LANE DETECTION SYSTEM Sai Chakradhar Dogiparthi Abstract - Traffic accidents have become one of the most serious problems in today ’s world. Due to day by day increase in population‚ there are number of vehicles increasing on the roads. As a result‚ number of accidents is growing day by day. Lane detection is an essential component of Advanced Driver Assistance System. The cognition on the roads is increasing day by day due to increase in the four wheelers on the road. The ignorance towards
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Determining Levels of Prevention Jessica Beverly HSM/210 July 20‚ 2011 Laneisha Searles In scenario one: Violence Prevention in a High-Risk Community‚ I believe that the prevention strategy was the Primary Prevention strategy. I choose this strategy because the primary prevention “involves building the strengths‚ resources‚ and competence in individuals‚ families‚ and communities that can reduce the flow of a variety of unfortunate outcomes.” (Human Services in Contemporary America‚ page
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Tavaski Gordon March 27‚ 2013 External Loss Prevention External theft is often caused by shoplifting‚ break-ins‚ robberies or other acts by outside sources. Although it does not cause as much loss overall compared to internal theft (National Retail Security Survey‚ 2008)‚ shoplifting and external theft most certain causes a substantial amount of loss annually to the retail industry (National Retail Security Survey‚ 2008). Controlling external theft requires a commitment to educating your employees
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stop the circumstances from beginning. But in reality‚ that is easier said than done because of the complexity of the prevention. After all‚ sexual violence is not necessary a crime that is placed in the public eye. On the other hand‚ some acts of sexual assault can be witnessed by others because of the lack of privacy where the crime is been committed. Meanwhile‚ prevention efforts should ultimately decrease the number of individuals who perpetrate sexual violence
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Situational Crime Prevention Situational Crime Prevention is crucial because it eliminates certain crimes by reducing the opportunity for the reward. Most prevention can start with people locking their doors and windows‚ or placing bars on their homes and business. The opportunity for crime can happen at any time due to what the target is‚ what is motivating the offender to commit that certain crime‚ and the lack of guards in the area during the time of the incident. (Clarke) To decrease criminal
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