Issues December 16‚ 2008: Satyam board approved a 51% stake acquisition of Maytas Infra‚ a listed company in the Bombay Stock Exchange for US$1.3 billion and 100% stake in unlisted firm Maytas Properties for US$300 million. Both of these firms were in the construction and real estate business and Satyam’s chairman‚ Ramalinga Raju family held a 36% stake in Mayta’s Infra and 35% stake in Maytas Properties. Implication: The deal was seen as a way of diverting cash from Satyam’s shareholder to Satyam’s
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Question 2: Beechwood Spouts Term Sheet Analysis 1) Security: Series E Convertible Preferred Stock In an entrepreneur’s point of view‚ the investor will gain an advantage of acquiring preferred stock‚ unlike the entrepreneur who holds common stock. Since Preferred stock is senior to common stock (but subordinate to bonds) in terms of claim of the assets of the company in an event of liquidation. Also‚ although preferred stock usually carries no voting rights‚ but it may carry a dividend and may
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PWCS 28. Understand how to handle information in social care settings 1.1 Legislation that relates to recording‚ storage and sharing of information in social care are as follows Data protection act 1998. This is how information about individuals is used. This covers eight principles under which personal data must be protected and collected. DPA says that service user information must be confidential and can only be accessed with their consent. Service users must know what records are being
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entities inflated free cash flow. Uses of funds from company loans included: Kozlowskis $ 18 million Manhattan apartment‚ $ 2 million birthday party for Kozlowskis wife in Italy‚ $ 6‚000 shower curtain‚ $ 2‚000 trash can‚ $ 13 million worth of art work PWC chief auditor for TYCO‚ Richard Sculze‚ issued fraudulent audit reports and was aware of the interest free loans. Embezzling funds as a financial fraud which causes an act of conflict of interest. In order to fulfill self-interest (luxurious life)
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Economic Reform‚ Openness and Transformation‚ Vol 13‚ No 7) Nguyen Tien Dung‚ Impacts of East Asian Integration on Vietnam: ACGE Analysis 8) McKinsey Global Institute (February 2012) Sustaining Vietnam’s growth: The productivity challenge [ 1 ]. PWC‚ (March 2008)‚ Vietnam might be the fastest growing emerging economy‚ Retrieved from : http://www.pwc.co m/vn/en/releases2008/vietnam-may-be-fastest-growing-emerging-economy.jhtml [ 2 ] [ 3 ]. Pete Mavrokodatos‚ Paul Jumi‚ Stan Stascinsky‚ (2001) Economic
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and International Financial Reporting Standards. Retrieved from http://www.grantthornton.com/staticfiles/GTCom/Grant%20Thornton%20Thinking/Resource%20centers/IFRS%20Resource%20Center/IFRS%20files/GTUS%20Comparison%20Document%20-%20Edition%201%205.pdf PwC. (2012). IFRS and US GAAP: similarities and differences. Retrieved from http://www.pwc.com/en_US/us/issues/ifrs-reporting/publications/assets/ifrs-and-us-gaap-similarities-and-differences-2012.pdf Securities and Exchange. (2011). Work plan for the consideration
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PWCS 22: PRINCIPLES OF PERSONAL DEVELOPMENT IN ADULT SOCIAL CARE SETTINGS 1.1 IDENTIFY STANDARDS THAT INFLUENCE THE WAY ADULT SOCIAL CARE JOB ROLES ARE CARRIED OUT. Standards that influence the way adult social care job roles are carried out include code of practice‚ regulation‚ minimum standards and national occupational standards. 1.2 EXPLAIN WHY REFLECTING ON WORK ACTIVITIES IS AN IMPORTANT WAY TO DEVELOP OWN KNOWLEDGE AND SKILLS Reflecting on own work activity helps a person to identify
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The second-most popular social media includes YouTube‚ blogging and LinkedIn. VYP should definitely look at producing advertisements and using relevant platforms such as social networks. It is reported in the Internet Advertising Bureau (IAB) and PwC report that UK
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in Brazil are as follows: 1. Political corruption: Brazil is highly corrupted in political ground. According to corruption index of Transparency International‚ It is ranked 73 as compared with China (78)‚ India (95)‚ Russia (143). According to PWC survey in 2005‚ approximately 3% of the revenue generated by a firm is used to bribe the bureaucracy and politicians. These bribes are given to fast up the procedures involved in various procedures. The main reasons behind the corruption in Brazil
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services partly because they had lost employer-based private health insurance coverage‚ and partly because their household income had declined.”4 Medical Cost Trends Two important trend reports were released in May 2011. PriceWaterhouseCoopers (PwC) Health Research Institute’s “Behind the Numbers: Medical Cost Trends for 2012” examined the medical costs for employers in 2012 and Medco’s “Drug Trend Report” looked at prescription drug prices and utilization trends. The following are highlights
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