Case 2.4 CapitalBanc Corporation 1. When auditing cash‚ which of the management assertions discussed in SAS No. 106‚ “Audit Evidence‚” are of primary concern to the auditor? Why? When auditing cash‚ there are a number of management assertions discussed in SAS No. 106 that are of primary concern to auditors. Existence: Auditors must make sure that the cash being audited exists. In the CNB case‚ the cash that was apparently locked away in the cabinet did not exist until money was borrowed
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Case 2: Nucor Corporation: Competing Against Low-cost Steel Imports The Company‚ Nucor Corporation‚ started its operation in nuclear instrument and electronics business in early 1950s to early 1960s. Facing bankruptcy‚ the board of directors opted for a new leadership and appointed Kenneth Iverson as president and CEO. He concluded that to be able to avert bankruptcy is to exit the nuclear instrument and electronics business and rebuild the company around its subsidiary‚ Vulcraft‚ which is engaged
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Acquisition of Consolidated Rail – Case Study 1. Background Info - Conrail 1.1. Formed from the remains of the six bankrupt North-eastern railroads in 1973 1.2. Earned its first profit in 1981- $39.2m on revenues of $4.2bn. Privatised through an IPO in 1987 1.3. Major player in North-eastern cities and their connection with major Mid-western hubs 1.4. In 1995‚ had 23‚510 employees‚ operated 10‚701 miles of track and controlled 29.4% of the eastern rail freight market 1.5. Financial indicators-
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Case Study: Merit Enterprise Corp March 19‚ 2013 After careful review Merit Enterprise Corp case study the pros of option 1: (assuming that JP Morgan Chase will continue to extend season credit lines and medium term loans.) First‚ it would keep Merit Enterprise as a private company. Secondly‚ Merit’s would have the right of non-disclosure. Private companies are not required to disclose details about their operations. Third‚ Merit Enterprise does not have to answer to shareholders if the stock
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do such a thing?” has been the mass response to my big decision‚ but upon discovering the volunteer opportunities in the Peace Corps; I was one hundred percent ready to change the path of my life. The Peace Corps is volunteer based‚ government organization dedicated to the improvement and strengthening of developing countries. One area of specialization in the Peace Corps is environmental‚ in which I plan to apply to after I graduate from
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Although close order drill was implemented to successfully win on the battle field‚ as technology begins to evolve the reasoning changes to mostly conduct ceremonies. A Marine Corps tradition I think that should be practiced more in my unit is close order drill. I can promote participation by having guided discussions‚ having competitions among the marines and recommending them to participate in special ceremonies. Some Marines are uneducated on why drill is still a part of our tradition and why
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Communication strategy Plan In the midst of the two acre greenery‚ a farm house was recently converted to a non-profit organization. As the eleven member committee headed by Ms. Baabou June‚ Director of Voice Of Bangalore‚ a nonprofit firm‚ unfolded their mind to discuss one of the buzzing topics‚ few members begin to gossip about the news headlines embellished on the newspaper lying in front of them. The firm was recently ranked as #1 in the nation for quick turn-over in resolving social issues
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Immigrants in the the United States have been the backbone for American for centries. People from all over the world have come to live the American dream that so many hear about throughout the world. America has been home to every different natationalty one can think of‚ and between the years of 1836 to 1914‚ over 30 million Europeans migrated to the United States.[1] Now‚ in that time most of those immigrants were coming to America to become citizen of the United States with hopes of finding their
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Case #2: Teradyne Corp: The Jaguar Project questions 1. Compare and contrast Teradyne’s traditional project execution strategy to the approach it used in Jaguar? What was similar? What was different? Teradyne’s traditional project execution strategy lacked structure and discipline. Projects were poorly planned with limited defined scope and goals. This had caused projects to expand and run over budget due to the poorly defined milestones and goals of the project. With the Jaguar project there
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Introduction A career defines who I am and what am I all about. It is true that a majority of people will choose to work for what pays and offers them the most‚ especially living in today’s economy. However‚ I believe that my chosen career path should base on the source of my passion and interest in order to ensure a long term success in life. Therefore‚ when it comes to my interest and passion‚ the first thing that came into my mind would be dancing. Being a dancer since I was three years
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