assumes that someone is attempting to deliberately hide a transaction as one that meets GAAP standards although in reality the transaction would affect the financial statements differently than reported. This form of deceit was used over and over by Lincoln S&L. The biggest example provided was on page 87 concerning the “Hidden Valley” transaction. The responsibility of the auditor is to first notify their client of this discovery. The auditor should also inform their supervisor and ensure that
Premium Audit Financial audit Auditor's report
Business SWOT Analysis Abstract As a mutual fund manager‚ I have decided to conduct some research on Southwest Airlines. I will provide an overview of the company’s history‚ and an analysis of their strengths‚ weaknesses‚ opportunities‚ and threats (SWOT). While there wasn’t any rhyme or reasoning behind my selection‚ I do feel that Southwest Airlines is one of the leading airlines in the United States. Conducting a SWOT analysis will help me understand what the company’s strengths and weaknesses
Premium Southwest Airlines Airline
1.0 Introduction The place of measurement is crucial in accounting. Measurement is vital to accountants for recording‚ summarising‚ reporting financial transactions and preparing financial statements that should indicate the true position of an entity. However‚ accounting measurement issues are seen to be problematic as many measurements are derived. According to Mary E. Barth (2007)‚ an analysis regarding the latest activities of the International Accounting Standard Board (IASB) have revealed
Premium Management Marketing Health care
Case Analysis on the Article‚ ¡§Competitive Turbulence in the Airline Industry¡¨ (Segmentation‚ Targeting and Positioning) EXECUTIVE SUMMARY Airline industry has 4 sectors identified: Full-service‚ Budget‚ Limited-service‚ Premium-service Segmentation and Targeting: Psychographic‚ Behavioral‚ Geographic and Demographic Positioning: Value proposition matrix (more for more‚ less for less‚ etc.) Conclusion and Recommendations: « SIA in marginal value proposition
Premium Airline Low-cost carrier Southwest Airlines
Principles of Measurement (International) For Works of Construction JUNE 1979 Published by RICS Business Services Limited‚ a wholly owned subsidiary of The Royal Institution of Chartered Surveyors‚ under the RICS Books imprint‚ Surveyor Court Westwood Business Park Coventry‚ CV4 8JE UK No responsibility for loss occasioned to any person acting or refraining from action as a result of any material included in this publication can be accepted by the authors‚ publisher or The Royal Institution
Premium Measurement Units of measurement Dimensional analysis
Newman Electric By: Darlene Brown 10-27-2013 Introduction Newman Electric in Clovis‚ New Mexico has been in service for over 58 years. It started business in 1955 in Clovis‚ New Mexico. The nature of Newman Electric business is the service and repair of electric equipment‚ agricultural systems‚ controllers‚ and Industrial services. Nowadays‚ we can observe that services are bought and consumed more than ever‚ as a consequence. Newman Electric specializes in agricultural‚ irrigation systems
Premium Inventory Inventory control system Mobile phone
Case 1: Southwest Airlines 1. What is SWA’s strategy? What does it take to execute the strategy? Southwest’s strategy is to maintain low cost‚ low fares and frequent flights. SWA execute this strategy through emphasizes point to point routes‚ which means customers fly directly to their final destination. According to annual report of 1993‚ 80 percent of its customers fly non-stop to their final destination. Furthermore‚ SWA also pays off in shorter turnaround times and higher equipment. Therefore
Premium Airline ATA Airlines Texas
1. Discuss Porter’s Five Forces of industry competition‚ with relation to the entry of Southwest Airline in the airline market. The Porter’s Five Forces are as followed: Rivalry: The rivalry factors that could influence Southwest include high fixed costs‚ excess capacity‚ low differentiation‚ and price war. Fixed costs in the industry mean the costs of planes‚ fuel‚ pilots‚ flight attendants‚ and additional staff for luggage and customer service. All of these factors need to meet governmental
Premium Airline Southwest Airlines Low-cost carrier
Scenario 1 FlyWithUs Airlines has started a new low-cost carrier service to link major cities such as New York City with small towns. A few of the airports that service FlyWithUs are located in remote areas and are ill-equipped to handle emergencies. The airline also has a charter service that flies to locations around the world. In some remote areas‚ where the airports are small‚ help may not be immediately available in the event of an accident or some other crisis. Due to a failure
Premium Aircraft Airport Airline
Before the market segmentation tool can be tested‚ an AHP setup will have to be established. The topic of the case study is already introduced throughout the report. The focus will be on the widespread electric car acceptance. The aim of this chapter is to answer the following question: How can better use of AHP in this specific phase be achieved? An AHP study will be setup by‚ amongst other things‚ establishing a hierarchy. After the AHP method is ready to be used‚ a survey is designed in order
Premium Automobile Electric vehicle Marketing