Ranbaxy’s criminal guilty plea and $500 million in fines and penalties has brought back the spotlight on corporate governance. The criminal case focused on sales in the US market. However‚ if media reports are to be believed‚ Ranbaxy committed systemic fraud in its worldwide regulatory filings. The US case dates back to the year 2004. This is the initial year when the Corporate Governance Code‚ which was issued by Sebi in the year 2000‚ was made mandatory. Therefore‚ it is quite likely that many
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The Miguel Lopez de Legazpi Expedition The Miguel Lopez de Legazpi Expedition – the only expedition that was successful in colonizing the Philippines. After the unsuccessful expedition of villalobos‚ King Charles I decided to stop sending colonizers to the Philippines. When his son‚ King Philip II tool over‚ he continued the expeditions. Philip sent Miguel Lopez de Legazpi and fray Andres de Urdaneta. Urdaneta survived the de Loaisa expedition. On February 13‚ 1565‚ Legaspi’s expedition landed
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Cervus Equipment Corporation‚ was found in the 1990s to manages and consolidate farm equipment dealerships. It is based in Calgary‚ Alberta. It is in partnership with original equipment manufacturers and has branched out into the construction and long haul manufacturing industries. It has also increased its geographic foot print by moving into New Zealand and Australia. The company has successfully grown through acquisition‚ and has grown its revenue from $56 million to $979 in a pace of 11 years
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San Elizario is a town with colorful history‚ beginning with saying that it presented the first Thanksgiving in the U.S also for‚ The San Elizario Presidio chapel‚ Billy the kid jail‚ and Los Portales‚ this are just some of the places in this town with rich history. It’s a town located southeast from downtown El Paso. It all started by 1531‚ when Hernan Cortez had conquered the Aztec Empire. The Spaniards started migrating to the north by 1535 Alvar Nunes Cabeza de Vaca and his group were exploring
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MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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CASE 10: SAN MIGUEL CORPORATION AND A. SORIANO CORPORATION I. PROBLEM How do San Miguel Corporation and A. Soriano Corporation will meet their satisfied ability to respond to the rapid changes in the environment around them if they will not upgrade their planning capability? II. AREAS OF CONSIDERATION 1. Difficult to achieve the objective of the company. 2. Difficult to foresee the opportunity and constraints of the future. 3. Difficult
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Battle analysis of San Juan Hill Introduction Throughout American history‚ a number of battles come to hold iconic positions in the shaping of this great nation: Lexington and Concord‚ the Battle of Bunker Hill‚ the Alamo‚ Gettysburg‚ Belleau Wood‚ Pearl Harbor‚ Guadalcanal‚ Iwo Jima and the Battle of the Bulge‚ just to name a few. When the Spanish-American War of is thought of‚ the Battle of San Juan Hill undoubtedly comes to mind. Americans think of the great sacrifices throughout the fight
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environment‚ risk assessment‚ control activities‚ information and communication‚ and monitoring. The control environment is the awareness of the controls from the people within the organization. Risk assessment is the company’s identification‚ analysis‚ and management of risk in the preparation of the financial statements. Control activities are the company’s policies and procedures to address any potential risk. Information and communication focuses on the systems used for creation of the financial
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The plant costs $12million in investment and requires up to$ 2.25 million for upgrading to new technology. An in-depth investigation and analysis is conducted for both the company and the industry to accurately determine the worth of investment in the Collinsville plant. Net present values are calculated for all possible scenarios. After a thorough analysis of the data‚ suitable recommendations are provided. Table of Contents Executive Summary 2 Introduction 4 About The Collinsville Plant
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Environmental Analysis of Target Corporation Darylisha Jones STR/581 September 12‚ 2011 Tonicia Riley Environment Analysis of Target Corporation Target Corporation is one of the largest merchants in the world. Target is recorded to be the sixth largest retailer within the United States. Founded by‚ George Dayton in 1902 Minneapolis‚ Minnesota. Target stores have a variety of products which includes everything from clothing to automotive and electronics. It is a corporation that is on-top
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