Inventory-Related Fraud Detection: • Beside revenue related fraud‚ the Antars also overstated their inventory. If inventory is overstated‚ the cost of goods sold is understated‚ and gross margins and net incomes are overstated. o Crazy Eddie had a close relationship with one of their vendors known as Wren Distributors. Crazy Eddie was Wren’s largest customer‚ accounting for 35% of their revenues. o Crazy Eddie ordered 10% of their total inventory from Wren so Sam Antar asked Wren to ship $3
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The Bangladesh national cricket team (Bengali: বাংলাদেশ জাতীয় ক্রিকেট দল) is a national cricket team representing Bangladesh. The team is administered by the Bangladesh Cricket Board (BCB). Bangladesh is a full member of the International Cricket Council (ICC) with Test and One Day International (ODI) status. It played its first Test match in 2000 against India in Dhaka‚ becoming the tenth Test cricket playing nation. Bangladesh’s first official foray into international cricket came in the 1979
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elements that prevent Bangladesh from becoming a more economically developed country. Lack of education limits the people in Bangladesh‚ which leads to limiting Bangladesh’s economical development. There are various factors why education leads to Bangladesh economical issue. East Pakistan gained independence from West Pakistan and Bangladesh was formed in 1971 (State Gov). From 1971 to 1991 there were various military coups and dictators who came to power (State Gov). In 1991 Bangladesh Nationalist Party
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http://agro.maxwellbd.com/index.html Bangladesh is an agro based country and most of the people are associated with agricultural productions and its services. Agriculture is considered as the prime economic sector in Bangladesh. Statistics shows that contribution of this sector is nearly 30% of total GDP and about 70% of the total industrial work forces are employed in the agro based industries. Live stock sector‚ strongly dominated by poultry‚ plays a vital role. More than 20% of the total population
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1 Table of Contents Introduction: ...................................................................................................................................... 2 Methodology ..................................................................................................................................... 3 Limitation .......................................................................................................................................... 4 Products/Services: ...
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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
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Section (II) Public Private Partnership (PPP) 2.1 What is Public Private Partnership (PPP)? A Public Private Partnership (PPP) is a partnership between the public and private sector for the purpose of delivering a project or service traditionally provided by the public sector. Public Private Partnership recognizes that both the public sector and the private sector have certain advantages relative to the other in the performance of specific tasks. By allowing each sector to do what it does best
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Bangladesh has a primarily agrarian economy. Agriculture is the single largest producing sector of the economy since it comprises about 18.6% (data released on November‚ 2010) of the country’s GDP and employs around 45% of the total labor force.[1] The performance of this sector has an overwhelming impact on major macroeconomic objectives like employment generation‚ poverty alleviation‚ human resources development and food security. A plurality of Bangladeshis earn their living from agriculture.
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Financial System of Bangladesh The Financial System is a set of institutional arrangement through which surplus units transfer their fund to deficit units. At present the financial system in Bangladesh is mainly composed of two types of institutions like banks and non-bank financial institution (NBFIs). The formal financial sector in Bangladesh includes: (a) Bangladesh Bank as the central bank‚ (b) 48 commercial banks‚ including 4 Government owned commercial banks‚ 30 domestic private banks (PCBs) (of which
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Introduction to the country: "Bangladesh" is a combination of the Bengali words‚ Bangla and Desh‚ meaning the country or land where the Bangla language is spoken. The country formerly was known as East Pakistan. What is Culture: o The set of shared attitudes‚ values‚ goals‚ and practices that characterizes an institution‚ organization or group. o The sum of attitudes‚ customs‚ and beliefs that distinguishes one group of people from another. o Culture has been taken as constituting
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