The SEC considers the auditor as the key factor or the gatekeeper in protecting public interest through strictly follow the professional standards to perform the audit job. However‚ under SEC’s investigation‚ there are many cases in which many auditors and audit firms‚ especially the big four accounting firms‚ did not follow the professional standards in doing the audit job. That led SEC to concern about the violation of the accounting profession. Independence is the first common issue considered
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transportation and logistics business. Another reason is that in present days the organization as well as the whole industry is experiencing fundamental changes‚ main drivers of which is technology‚ increasing supply chain complexity (Dan Goodwill‚ 2015) (PwC Strategy&‚ 2016)‚ liberalisation of transport sector as well as new political initiatives aimed at boosting sustainable transport modes in the EU (Kelleher‚ 2014) (European Monitoring Centre on Change (EMCC)‚ 2008). (this part to be used in introduction
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in deciding to have a security audit take place of your company. Last year 87% of small businesses had a security breach‚ which is up from 76% in 2012. The median number of these breaches suffered rested at 17 in 2013‚ which is up from 6 in 2012 (PWC‚ 2013). This goes to show that cyber-security is becoming increasingly important and with XYZ Ltd making such phenomenal financial improvements‚ now is the time to take preventative action. Please find attached a detailed report which I have compiled
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Introduction Corporate governance is concerned with the structures and systems of control by which managers are held accountable to those who have a legitimate stake in an organization. It has become an increasingly important issue for organizations for three main reasons. The separation of ownership and management control of organizations (which is now the norm except with very small businesses) means that most organizations operate within a hierarchy‚ or chain‚ of governance. This chain represents
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In the global business arena‚ there are two main institutions whose accounting standards are used for financial reporting‚ Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS). The IFRS‚ whose rules are established and maintained by the International Accounting Standards Board (IASB)‚ is the most widely used of the two institutions but the primary choice for the United States continues to be GAAP‚ whose standards are established and maintained
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4.2 Managing Risk Risk analysis and management comprises a series of measures that must be employed to avoid the occurrence or even allow the elimination of these risks. This risk management is nothing more than a set of specific and defined processes in order to do everything so that the risks pointed out do not occur. 4.2.1 Category I: Preventable risks Analyst should also pay attention to other circumstantial factors that can contribute to the quality of the analysis result. Succession problems
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BCCI was awaiting final approval for a restructuring plan in which it would have re-emerged as the "Oasis Bank". However‚ after the Sandstorm report‚ regulators concluded BCCI was so fraught with problems that it had to be seized. It had already been ordered to shut down its American operations in March for its illegal control of First American. On 5 July 1991‚ regulators persuaded a court in Luxembourg to order BCCI liquidated on the grounds that it was hopelessly insolvent. According to the
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pharmaceutical emerging markets of the world.[citation needed] Exports of pharmaceuticals products from India increased from US$6.23 billion in 2006–07 to US$8.7 billion in 2008–09 a combined annual growth rate of 21.25%.[2] According toPricewaterhouseCoopers (PWC) in 2010‚ India joined among the league of top 10 global pharmaceuticals markets in terms of sales by 2020 with value reaching US$50 billion.[4] The government started to encourage the growth of drug manufacturing by Indian companies in the early 1960s
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Investment in India 2012. Available: http://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/Tax/Taxation%20and%20Investment%20Guides/2012/dttl_tax_guide_2012_India.pdf. Last accessed 27th Oct 2012. Elliott‚ L. (2011). GDP projections from PwC: how China‚ India and Brazil will overtake the West by 2050. Available: http://www.guardian.co.uk/news/datablog/2011/jan/07/gdp-projections-china-us-uk-brazil. Last accessed 2nd Nov 2012. Ernst & Young. (2012). India Infrastructure Summit‚ 2012
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ASSIGNMENT OF BUSINESS ENVIRONMENT ENTERTAINMENT INDUSTRY [pic] SUBMITTED TO: MR. LALIT BHARDWAJ FACULTY OF LSM SUBMITTED BY: GURARPANJEET SINGH ROLL NO.A22 B.COM(P) REGD. NO.-10805687 ACKNOWLEDGEMENT It is a pleasure to express my thanks and gratitude to MR.‚ LALIT BHARDWAJwho has been very kind on me in completion of my assignment. I could achieve this target only because of his kind and ever supporting guidance.
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