RED FLAGS AT L.A. GEAR In reviewing the Balance Sheet of L.A. Gear‚ it appears that the cash on hand was not sufficient‚ although it had increased from the prior year. The accounts receivable had increased suggesting that it was extending credit but not receiving payments due to them in a timely manner. This situation had most definitely left them without their much needed cash flow. The fact that inventory continued to decline and the net property and equipment more than doubled indicates a
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MEMORANDUM Subject: Increasing of public scrutiny on not-for-profit reporting requirements The purpose of this memo is to explain why increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities. State and federal regulators are reviewing‚ audit reports of agencies like ours that receive federal grants and loan monies. Their purpose is to “ensure that independent audit firms are in compliance with Generally Accepted Audit
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Accountability is important‚ because without it‚ there’s no where to place the blame when mistakes occur. In fact‚ accountability covers more than just blameworthiness; responsibility‚ answerability‚ and liability also come into question when discussing the importance of accountability. The very application of the word‚ describes a system‚ in which actions‚ decisions‚ and policies are all accounted for (or: kept track of‚ recorded‚ and assessed and evaluated). Accountability can even extend into
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my answer for richard bransons 25 miilion dollar earth challenge contest to rid of CO2 in the atmospher. You attack it from the ground up then we can talk about satelite systems with jet engine vacume filters flying around in our atmospher later. Born to simplify things. Don’t make it sound so complicated Al Gore. Earth was way ahead of us on this one when the trees grew 400 feet high‚ thousands of years old. The human spieces cut them all down. Ask yourself one question... why did God make trees
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militarydefinitions.com; accountability is the obligation imposed by law or lawful order or regulation on an officer or other person for keeping accurate record of property‚ documents‚ or funds. The person having this obligation may or may not have actual possession of the property‚ documents‚ or funds. Accountability is concerned primarily with records‚ while responsibility is concerned primarily with custody‚ care‚ and safekeeping. Why Accountability is Important? Accountability is one of the most important
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From a nurse’s perspective‚ it is effortless to say that the Patient Portability and Accountability Act is a topic that is very controversial. Although the Affordable Care Act is supported by the American Nurses Association‚ not all nurses are individually supporting it. There are a number of reasons for this divide. Many nurses are concerned about the strain that the Affordable Care Act is putting on their workplace. Through the Affordable Care Act‚ many people who did not have access to health
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Hilario M. Olivo Jr. Ethics and accountability 1. Explain the difference between ethics and morality. On the basis of etymology‚ there is no difference between ethics and morality. On one hand‚ ethics comes from the Greek word ethos meaning “custom”. For the purpose of knowing‚ we can define ethics as the “study of the methods and principles used to distinguished rood from bad‚ [and] right from wrong action” (Articulo‚ 2003). On the other hand‚ morality comes from a Latin word mos or moris
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The Importance of Accountability Is so you know where everyone is so if you need a person for something you will know where to find them. It is also necessary to have accountability to make sure everyone in your unit is safe and so you make sure they are where they are supposed to be. You also want your unit to be on standby so they are ready for anything that may happen. It is also needed so nobody goes UA. When you have accountability it is easier to track down people if you were to need them
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UNIVERSITY OF THE PHILIPPINES In the Visayas Cebu College Gorordo Ave.‚ Lahug‚ Cebu City ________________________________________________ In partial fulfillment of the course requirements of Management 173 Case No.2 L.A. Gear‚ Inc. ________________________________________________ Presented to Prof. Gretchen Chaves Presented by Balingcasag‚ Honeylyn Gabucan‚ Anya Homecillo‚ Marie Grace Mesa‚ Maria La Arnie Laput‚ Wynn February 9‚ 2010 I. SITUATIONAL
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The Roman military was the first successful professional full time military‚ which was partly because the Roman generals paid an immense attention to detail. “Roman generals paid close attention to camp layouts‚ soldier’s equipment and most crucially‚ logistics. Often it was a the details that gave the Romans the edge‚ the depth of a ditch dug around a camp or having a warm breakfast before a battle were all considerations made by Roman commanders” (“The Roman Military”). Legionaries typically
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