the scandals that were seen in the early 2000s (United States Securities and Exchange Commission 2009). This act created new standards to be followed by corporate accountability in the USA and new penalties in case a corporate agency was involved in frauds. This act came with new specifics on financial reporting responsibilities such as strict adherence to new internal procedures and controls that were formulated to ensure that all financial records were accurate and valid. By improving the accuracy
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requires management of public companies to implement an adequate system of internal controls over their financial reporting process as a result of the discovery of large financial frauds. To increase public confidence in capital markets‚ management responsibilities are extended and they are codified in Sections 302 and 404 of SOX. In Section 302‚ it requires that corporate management‚ including the CEO‚ certify their organization’s internal controls on a quarterly and annual basis. It also provides procedures
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A Person I Respect the Most The headline of newspapers read‚” iPhone V is Coming Out in September‚” Nowadays‚ people of all ages are using Apple digital appliances‚ computers‚ iPod‚ and‚ iPhone. People use it everywhere and every time‚ on a bus‚ in a bathroom‚ and even when they’re walking. Who invented these attractive appliances? Steve Jobs‚ the great person I respect the most did. Steve Jobs was born in San Francisco‚ California and was adopted by a poor family. He attended a junior high
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reaction to the general state of intellectualism and spirituality during that time. There are six basic tenets when it comes to Transcendentalism. The first is non-conformity; this tenet is the failure or refusal to conform to a prevailing rule or practice. The Transcendentalists did not wish to conform to the rules of society as they were extremely disgruntled when it came to those rules. The second tenet is self-reliance; this is pretty self-explanatory. It is the reliance on one’s own powers and resources
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A person I respect and admire To me there are three most important ingredients in a relationship - Love‚ Respect and Admiration. But there aren’t a lot of people in this world that contains all ingredients to maintain a relationship. No one loves us like our mothers; no one is willing to sacrifice everything for us like our mothers. My mother is a person that
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Week 5: Sarbanes-Oxley Act (SOX) Summary ACC/291 10 June 2013 Judith Bines Introduction The Sarbanes-Oxley Act‚ also known as SOX‚ is a federal law that requires publicly traded companies to individually certify the accuracy of their financial information. The law was enacted as a reaction to corporate accounting scandals that
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NAME: Petra R. Wright DATE: October 31‚ 2010 Title of Article: George Tenet and the Last great days of the CIA Author of Article: Richard D. White‚ Jr. The Central Intelligence Agency (CIA) is an independent United States Government agency who are responsible for providing national security intelligence to senior United States policymakers (CIA‚2007). Since the 1960 ’s and World War II‚ foreign intelligence has been important to the United States since the days of President
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Competency Goal Competency Goal II To advance physical and intellectual competence In order to advance physical and intellectual development I have set the following goals to myself. My first goal is to foster language development by making it a goal to provide many opportunity that allow children to communicate. I will do this by providing good language model for children‚ using grammated speech I would do this by picking up when Childs speaks. For example if the child says I have two finger
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present study of the core ontological tenets of constructivism. Namely‚ I modeled constructivism’s two core ontological tenets: (1) that “social reality is constructed” and social agents are the “social constructors of their own practices and structures;” and (2) that the agent-constructed social world informs agents’ interests and thereby circumscribes what they see as possible and morally appropriate courses of action. Building on the first core ontological tenet of constructivism‚ the exogenously
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profit and began his fraudulent activities. He was running false credit card charges on clients’ cards and check kiting. However‚ he was able to commit fraud on a large scale‚ when he gathered enough of a balance sheet built off fraudulent transactions. His major crimes were perpetrated against banks and investors by committing financial statement fraud. Such activities enabled him to obtain cash through bank loans and investment funds. Barry had fixed assets on the balance sheet that were fictitious
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