several lawsuits from furious investors and created rumors about the future viability of the company. The purpose of this study is to determine the facts and critically analyze the cause and effect of Diamonds Food’s allegedly financial statement fraud and attempt to make a prediction about the future of this company. Allegations of Diamond Foods Inc.’s’ Understatement of Accounts Payable Introduction Diamond Foods’ core competency is in its innovative food packaging
Premium Generally Accepted Accounting Principles Balance sheet Asset
TELECOMMUNICATIONS INFRASTRUCTURE AND ECONOMIC GROWTH: EVIDENCE FROM NIGERIA BY Sheriffdeen A. TELLA‚ Ph.D Department of Economics‚ Faculty of Management Science‚ Olabisi Onabanjo University‚ PMB 2002‚ Ago-Iwoye Ogun State‚ Nigeria satellang@yahoo.com and Lloyd Ahamefule AMAGHIONYEODIWE‚ Ph.D* Department of Economics Faculty of the Social sciences University of the West Indies‚ Mona Kingston 7‚ Jamaica. lamaghionyeodiwe@yahoo.co.uk and Bolaji Adesola ADESOYE Department of Economics‚ Faculty of
Premium Telecommunication Telephone Mobile phone
Financial intermediaries Done by Mirmanova S.‚ 303 gr. Almaty 2014 A financial intermediary is a financial institution that connects surplus and deficit agents. The classic example of a financial intermediary is a bank that consolidates deposits and uses the funds to transform them into loans. Through the process of financial intermediation‚ certain assets or liabilities are transformed into different assets or liabilities. As such‚ financial intermediaries channel
Premium Financial services Economics
Journal of International Development: Vol. 4‚ No. 6‚ 567-581 (1992) THE APPROPRIATE ROLE OF AGRICULTURAL INSURANCE IN DEVELOPING COUNTRIES PETER B. R.HAZELL* Agriculture and Rural Development Department‚ The World Bank Abstract: Multiple-risk crop insurance programmes have proven expensive to governments but have not lived up to their expectations. Many agricultural risks cannot be insured on a financially sound basis‚ but there is scope for increased insurance of farm assets‚ of the
Free Insurance
University The Adventure to Democracy In the midst of the prevalence of democratic transitions‚ a number of developing countries are seeking to achieve the successful consolidation of civil order in modern days. Among those participants‚ Mexico and Nigeria has been spotlighted for the completely contrastive endings at the end of their long-adventures towards democratization since their independence; Mexico‚ from its independence‚ has maintained the political stability despite the authoritarian single-party
Premium Democracy Election Democratization
types of fraud have occurred since the 1800s. As the economy fluctuates‚ many people and organizations believe they must commit fraud in order to have financial gain. Organizations and individuals must understand fraud and the types of fraud‚ in order to protect themselves. There are professionals trained that have received anti-fraud certification in order to fight against fraud. The anti-fraud professional assist companies and individuals in order to detect fraud. Theses anti-fraud specialists
Premium Fraud
majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights of occupancy. The main fault of the Land Use Act
Premium Management Risk Contract
Guaranty Trust Bank Plc over more than two decades has distinguished itself as a leading institution and a major contributor to the economic advancement in Nigeria. Guaranty Trust Bank Plc with its headquarter at Victoria Island‚ Lagos as at December 2011 had an operating income of N141.729 billion‚ net income of N52.654 billion‚ total asset of N1‚525.010 billion and a total equity of N235.911 billion and it had more than two thousand‚five hundred employees in Nigeria. Its subsidiaries include Guaranty
Premium Bank Cheque Online banking
Quarterly update – December 2013 Final analysis by Nenad Pacek Business and economic outlook Nigeria • • • • • • • • • • • • • Executive summary Facts Economic fundamentals Strategic business importance Corporate sales and profit trends Growth trends and drivers Household consumption trends Gross fixed investment trends Government spending trends Currency outlook Interest rates and inflation outlook Political risks to be aware of Forecast table Contents
Premium Peak oil Gross domestic product Macroeconomics
CHAPTER ONE 1.1 INTRODUCTION The British colonialists started the Nigeria public service‚ which later developed in the modern of the British civil service with its doctrine. The design of the civil service was not to work for the Interest of Nigeria and its people but to serve the British colonial interest. It was difficult after independent for the service to evolve good plans for the development of the country. A civil service whose characteristics continued with Max Webber’s ideal type of bureaucracy
Premium Public administration Civil service