The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board (PCAOB) to assume the responsibility of overseeing the auditors of public companies. The PCAOB is a private-sector‚ non-profit corporation. It was established to "protect the interests of investors and further the public interests in the preparation of informative‚ fair‚ and independent audit reports". (The PCAOB) Although the PCAOB is a private sector organization‚ it has many government-like regulatory functions. The PCAOB
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Recognition & Theories of Accounting The Joint Project Revenue recognition requirements in US generally accepted accounting principles (GAAP) differ from those in International Financial Reporting Standards (IFRSs); the former consists of broad concepts whereas IFRSs contain fewer standards‚ but applying the two main standards to complex transactions were difficult and needed improvement (Australian Accounting Standards Board‚ 2010). Accordingly‚ the International Accounting Standards Board (IASB)
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THEORIES AND DEVELOPMENT OF PUBLIC ADMINISTRATION Like any other field of social sciences‚ the development of Public Administration as a study and also‚ as a practice is a response to evolving social contexts. As it is an eclectic field of study‚ it has adapted its key concepts and theories predominant in that period of time from the other fields of study. Thus‚ one can look at its development by identifying key concepts of economic‚ sociological and other studies that have contributed to how
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------------------------------------------------- The differences between public and private accounting In order to understand the difference between public and private accounting‚ we must first understand what accounting is. Accounting is simply an information system used to identify and communicate financial information to users of that information. Accurate‚ reliable and pertinent information is extremely important in evaluating a company’s financial position in order to attract investments
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X 120C Intermediate Accounting Theory & Practice Winter 2013 Quiz 2 Chapter 20 Chapter 21 True-False Conceptual – 40 questions Multiple Choice Conceptual – 40 questions STUDENT NAME:__RUPALI KAYPEE_______________________________ TRUE-FALSE—Conceptual Chapter 20 1. A pension plan is contributory when the employer makes payments to a funding agency. F 2. Qualified pension plans permit deductibility
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Merriam Webster dictionary‚ an interest group is defined as “a group of people who try to influence politics or the policies of government‚ business‚ etc.‚ in a way that helps their own interests” (2015). The purpose of these groups is to implement a meaningful change of some sort without pressuring or threatening the government. Interest groups are a significant part of politics and are essential to a representative democracy. The goals of social work and public interest groups are to better the lives
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International Accounting Standards Contents A. Introduction & Objective.……………………………………………………………….3 B. Why Harmonization of international accounting standards required……………..4 C. Factors influencing any Country’s Accounting Standards…………………………..6 D. Role of International Accounting Standard Board (IASB)……………….…………..8 E. Moving towards Harmonized International Accounting Standard………………….9 F. Obstacles and Benefits of the harmonization of International Accounting………..10
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Force and Legal Compliance Johnnie Garcia ETH/316 November 17‚ 2014 Daniel Heller Force and Legal Compliance “What does it mean to say that a rule would produce the best consequences?” The theory of “utilitarianism is a huge interest and influence. Additionally we may ask how “utilitarianism” is discussed and how might it be criticized or defended? Utilitarianism Jeremy Bentham an English philosopher and political thinker has been described as the modern father or utilitarianism. According
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This paper examines the meaning of modernity and the relations between the notions of public interest‚ ethics and law. By giving an example that raises this issue further‚ the realm of morality‚ professional ethics and law is discussed and whether their spheres of jurisdiction would overlap. It also explores the meanings and definitions of the key terms that are of most concern for this topic‚ and how they relate or differ from each other. A Singaporean example is also shown as evidence to support
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Research Master in Public Administration and Organizational Science Master of Science in Public Administration and Organizational Science (MSc) Policy research? PhD? Find out by exploring core issues in public administration and organizational science. Combine theory with training in methods‚ and practice‚ working under prominent researchers. Combine work on the theory of public administration‚ policy‚ organizations‚ and public management with in-depth training in research methods‚ philosophy
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