1. The final responsibility for the integrity of an SEC registrant’s internal controls lies on the management team. U.S. companies need to refer to a comprehensive framework of internal control when assessing the quality of financial reporting to determine that financial statements are being presented under General Accepted Accounting Principles‚ GAAP. The widely used framework is referred as COSO‚ Committee of Sponsoring Organizations of the Treadway Commission‚ sponsored by the following organizations
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Global Supply Chain Survey 2013 This year’s global supply chain survey by PwC shows how Leaders are moving ahead of the pack. They’re tailoring their supply chains to customer needs and investing in next-generation capabilities while keeping the focus on supply chains that are both fast and efficient. Next-generation supply chains Efficient‚ fast and tailored www.pwc.com/GlobalSupplyChainSurvey2013 Contents Executive summary Executive summary Introduction Detailed survey findings
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Reverse logistics stands for all operations related to the reuse of products and materials. It is "the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing
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globally and this will also improve the quality of earnings of all firms. (SEC 2010) By adopting a method of accounting more in line with IFRS the US will have a more rules based methodology rather that a principle based method of accounting. (SEC 2010) (PWC 2009) As stated by my fellow classmate Sisy Orobitg “Notwithstanding‚ the disadvantages of establishing a global framework exists and the cost to convert can be highly significant and time-consuming (i.e. re-training personnel‚ software).” I fully
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focused on the middle market‚ with nearly 6‚500 professionals and associates in more than 75 offices nationwide. McGladrey is a licensed CPA firm.(www.mcgladery.com/about/about).PriceWatersHouseCoopers‚ PwC focuses on audit and assurance‚ tax and consulting services. Additionally‚ in the US‚ PwC concentrates on 16 key industries
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Strategic management of KPMG: Creating a story Abstract Acknowledgement 1. Introduction 2. History of Accounting- Auditing and Professional Services The accounting and auditing history‚ as professional services is closely disciplined and they have related to the communication of information about economic events that has affected to government or private firm‚ was derived from the beginning of recorded history recent time. They are developing as a responded demands of the recent and the future
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Great women in the business world According to the article “IBM’s Ginni Rometty looks ahead”‚ we know that Ginni Rometty is the 9th CEO of the IBM and is a very successful businesswoman with great leadership and respected by a lot of people. Indra Nooyi‚ the chief executive of PepsiCo‚ is a great woman in business field and achieves a lot of reputation. The experience in their early lives‚ the tough spirits and the qualities of leadership make their ways to success. Before becoming the chief executive
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Motivation is response Motivation ± the internalised drive towards the dominant thought of the moment. You cannot motivate anyone ± you can only create a situation to which individuals will respond because they choose to. The ingredients of motivation are within each. When we are awake the motor is running and our motivation for action is responsive to three signals ± neutral‚ forward or reverse. With stimulus‚ both internal and external‚ everything is believed to be possible. But what is happening
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London: Financial Reporting Council. Elitzur‚ R.‚ Falk‚ H. F.‚ 1996. Planned Audit Quality. Journal of Accounting and Public Policy. 15. pp 247-269. Arel‚ B.‚ Brody‚ R. G.‚ Pany‚ K‚ 2005. Audit firm rotation and audit quality. The CPA Journal. January. PwC‚ 2012. Mandatory audit firm rotation: Why other changes would be better for investors. [Online] Available at: http://www.pwc.com/us/en/point-of-view/mandatory-audit-firm-rotation.jhtml [Accessed 10 April 2013] AICPA‚ 2011‚ Re: Request for Public Comment:
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Company research about big four | PwC | KPMG | Deloitte | EY | Why this | We aspire to help you achieve your success and make a difference for our clients. The core of who we are and what we want to be is expressed through our PwC Experience behaviours.We are passionate about what we do. Bringing our PwC Experience to life is our everyday commitment. It’s about how we work with each other and our clients. We focus on creating the value we want‚ developing meaningful relationships‚ and understanding
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