Published Article-Sox Institute 12/2008 The Essence of Internal Control A statement on policy and procedures issues as they relate to managements views and /or findings with regard to OMB A-123 audits. Writing position papers on justification of actions taken has raised some questions about control. There seems to be a shift in the mind set of managers now that Section 404 of Sox’s (documentation) has really kicked in with compliance performance of the financial managers responsibility
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Statement of the purpose of the book: “Blue Ocean Strategy” Blue Ocean Strategy (BOS) is the result of a decade-long study of 150 strategic moves spanning more than 30 industries over 100 years (1880-2000) by authors Kim‚ W. C.‚ Mauborgne‚ R. BOS is the simultaneous pursuit of differentiation and low cost. The aim of BOS is not to out-perform the competition in the existing industry‚ but to create new market space or a blue ocean‚ thereby making the competition irrelevant. BOS offers a set of
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Currently in society‚ many individuals consider blue-collar workers unintelligent and uneducated. Blue-collar workers are seen in this perspective because of their hands on jobs in which many individuals assume that intelligence is not required. “Our cultural iconography promotes the muscled arm‚ sleeve rolled right against biceps‚ but no brightness behind the eye‚ no image that links hand and brain.” (Rose 98) In Mike Rose’s text‚ he explains how being a blue-collar worker does not mean an individual
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case of Niles vs. San Rafael‚ the primary issue at hand is negligence on the behalf of Mount Zion hospital‚ the City of San Rafael‚ the public school district‚ and pediatric physician Dr. David Haskins. Negligence‚ as it pertains to health care‚ is defined as a failure to act with reasonable care‚ and results in injury or detriment to any patient or other individual. In connection to a head injury Niles sustained while at a ball field‚ all of the previously named have been held liable for Niles’ permanently
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III. Pride figures prominently at various points in Herodotus’s narrative. What is he trying to tell his reader about pride? Use appropriate examples. A. He held the Greek belief that pride goes before the inevitable fall. B. Pride will ultimately end in one’s demise. IV. Luck figures prominently at various points in Herodotus’s narrative. What is he trying to tell his reader about luck? A. He had a caution not to pronounce people lucky until their lives have run their full course is also firmly
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Title: Importance of Internal Communications for a company and two case studies. Internal communications is considered a vital tool for connecting people within the company. It does not refer only to those few “official” channels of communication in a company‚ it is also the strategic management of information flows to ensure the optima level of employee engagement. (Civicus‚ 2001) This business context of communication is a dual listening process. It is a top-down‚ bottom-up‚ side-to-side
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Internal audit is a dynamic profession involved in helping organizations achieve their objectives. It is concerned with evaluating and improving the effectiveness of risk management‚ control and governance processes in an organization. To do this‚ internal auditors work with management to systematically review systems and operations. These reviews (audits) are aimed at identifying how well risks are managed including whether the right processes are in place‚ and whether agreed procedures are being
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Internal Analysis 1 Why does firm performance differ? Updated: 30 Aug. 2006 ©Scott Gallagher 2004 Internal Analysis Earlier we explained differences in firm performance as being a function of their external environment. However‚ this is only part of the story. Obviously‚ each firm has some unique aspects. Internal analysis is an attempt to explain how and why these internal differences explain differences in firm performance. Resources and Capabilities. Economics generally models firms as generic
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ACC621 Midterm review Internal auditing is an independent objective assurance and consulting acitivity designed to add value and improve an organizations operations. Adding value is provided by improving opportunities to achieve organizational objectives identifying operational improvement reducing risk through exposure through both assurance and consulting. Auditing has its key components - accomplish objectives -evaluate and improve effectiveness of risk management -assurance and consulting
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What kind of corporate advertising program would you recommend for JetBlue? Prior to the February 2007 storms‚ JetBlue managed to build a solid reputation as one of the airline industries leaders in customer satisfaction. . “The foundation of a solid reputation exists when an organization’s identity and its image are aligned. (Argenti‚ 2009‚ p. 83) The companies solid foundation and reputation was due largely in part to providing its customers a variety of amenities and superior customer service
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