Legality and Ethicality of Financial Reporting Clairice Sikoski ETH-376 December 10‚ 2012 Samuel Hinton Legality and Ethicality of Financial Reporting Excello Telecommunications is looking to record revenue before the earning process has been completed or before the unconditional exchange has occurred. Terry Reed‚ the CFO is trying to influence the accounting department to look for options to record the sale of 1.2 million in equipment by December 31 to boost earnings on financial statements
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The Greenlease Kidnapping On September 28‚ 1953 young Bobby Greenlease was kidnapped from French Institute of Notre Dame de Sion in Kansas City‚ Missouri. The victim of this horrific crime was young 6 year old Robert Cosgrove Greenlease‚ Jr.‚ also known as Bobby‚ was the son of Robert Cosgrove Greenlease‚ Sr.‚ who was a wealthy automobile dealer (FBI 2013). I will give a brief overview of the case then I will jump right into the analysis. Bonnie Heady posed as Bobby’s aunt and told the nun
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Corporate crimes are crimes committed by corporate officials that are in the interest of the corporation. They can be hard to detect and can include embezzlement‚ falsifying financial statements and bribery. Three main factors were made to assist in understanding the theory of corporate crime‚ such as the drive for profit. This is important because all companies want to pursue making money in any way possible‚ yet some choose illegal and deceitful actions as others do not. Using the structure of
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In a society of depression‚ there is now‚ very little money‚ and a sad life for a woman who is pregnant all of the time. The rough estimate of pregnancies that occurred in 1931 is 250‚600. The rough estimate of abortions in 1931 was 95‚700. Women‚ back then‚ were stuck in their house to take care of the daily household chores‚ take care of the kids‚ and tend to every one of their husband’s sexual desires. This resulted in many pregnancies that women could not afford to have financially or physically
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“20 Years after Dolly the Sheep Led the Way-Where Is Cloning Now?” by Karen Weintraub talks about the technology advances in cloning and how they can be used today. Weintraub discusses the benefits and dangers to cloning. Weintraub provides quotes from significant people throughout the article‚ in order to shed light on topic within cloning. She also provides information and opinions about each topic. Because of these factors Weintraub appears to be a credible unbiased author‚ that is capable of
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Computers have evolved in our society to a point where almost everything runs off of them and cannot function without them. The days of balancing a checkbook by putting pen to paper have all but passed‚ today‚ there’s an app for that. But as times change and as technology advances‚ the bounds of limitation increases‚ and consequently people are able to perform much more devious or conversely much more righteous things. Ethics by itself means: a system of moral principles‚ or “the rules of conduct
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Abraham Lincoln is considered a hero for freeing slaves with his Emancipation Proclamation‚ yet if you were to take a long‚ hard look at Honest Abe‚ you would find that his reputation is quite skewed in relation to his true character. Considered the ultimate Abolitionist and a defender of enslaved blacks‚ Lincoln didn’t hold truly strong anti-slavery beliefs‚ and can actually be considered a racist and bigot by today’s standards. To judge Lincoln by today’s standards may be a
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Conflict Response In Early-August of this year‚ the Obama administration airlifted $400 million in cash to Iran‚ the very same day four Americans imprisoned in Tehran were released‚ sparking questions as to if the cash payment was a negotiation with terrorists (PBS‚ 2016‚ p. 1). In January of this year‚ the Obama administration did announce these payments as “the money was owed as part of a failed arms deal prior to the 1979 Islamic Revolution” (PBS‚ 2016‚ p. 1). However‚ many are wondering why
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Question 1 (1168 words) Jurisdiction Chosen: Country – Malaysia Malaysia has a unique legal system as it is the only country in the world that adapts a dual-track legal system where Islamic courts co-exist alongside with civil-institutions. Apparently‚ because of the dual legal system‚ Malaysia inherits legal tradition from both the Islamic law and the common law. The more interesting discussion of this research would elaborate how co-existence is possible in Malaysia without conflict. Before
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#500700 REFUNDS AND COUPONS OUTSIDE SALE KNOWLEDGE CHECK A customer tries to return a package of absolutely divine cookies that they are dissatisfied with. The customer does not have a receipt. Private Label Refund A customer bought the wrong flavor Crest toothpaste (wife wanted Extra Whitening‚ not Tartar Control)‚ there is no receipt present. Exchange without Receipt A customer is returning 2 bottles of Tums‚ at $4.99 each; the customer has the receipt‚ which shows that it was paid for with
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