to make the accounting numbers look good which is unethical to the employees‚ using “asset light” strategy to maintain company an investment-grade credit which hurts the banks‚ entering into series of increasing complex financial transactions with SPEs to conceal company’s large debt which hurt the stakeholders’ right to know the truth and using Mark-to-Market‚ Sham swaps and Prudency accounting strategy to manipulating revenue which hurt the stakeholders a lot. 2. Considering all aspects of the
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Manufacturers 1. Patel Industries Plot No 5623/c‚ Phase II‚ GIDC Industrial Area‚ Vatva‚ Ahmedabad: 382 445 Gujarat State‚ INDIAPhones : 00 91 79 2589 4651/ 2589 6545 Telefax : 00 91 79 2589 5830E-mail : info@patelindustries.co.in Managing Director: Mr. Bhupesh Patel E-mail : bhupesh@patelindustries.co.in Executive (Int’l Marketing): Mr. Mihir Panchal E-mail : mihir@patelindustries.co.in 2. Yashica Pharmaceuticals Private Limited Office No. 11/12‚ Shubham Apartment‚ Syndicate‚ Kalyan
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CRU Computer Rental Case Solutions Solution 1 TABLE 1: CRU FLOWS | Customer | Receiving | Status 24 | Status 40 | Stored Orders | Orders at Suppliers | Status 41 | Status 42 | Status 20 | | | | | | | | | | | Throughput(Units/Week) | 1000 | 1000 | 1000*.70=700 | 1000*.30+ .15*700= 405 | 405 | 405 | 405 | 405 | 1000 | | | | | | | | | | | Inventory(Units) | 8000= 8*1000 | 500 | 1500 | 1000 | 500 | 405= 405*1 | 500+405 = 905 | 500 | 2000=2*1000 | | | | | |
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Reflection Paper Jennifer Darcy University of Phoenix SPE/300 December 24‚ 2012 Dr. Danielle Kelly Reflection Paper Classrooms have changed a lot over the past four decades. When I was a child‚ I do not recall having any diverse learners in my classes. There were some children in my neighborhood who had learning disabilities‚ but they attended school somewhere else and I had little exposure to children that were different from myself. Today‚ my own children attend school in a very different
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orbits the sun in the frozen fringes of the Kuiper Belt. Approximately 10 billion miles from the sun‚ this is more than 3 times further than the next closest plutoid‚ Pluto. Eris also takes double the time to orbit the sun than Pluto. Approximately 557 Earth years is equal to 1 Eris year. Eris has a diameter between 2‚400 and 3‚000 km. Eris plays a big part in our Solar System and is important to us because it is the largest object and the largest dwarf planet to be found orbiting the sun since 1846
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Journal of Finance and Accountancy Arthur Anderson Auditors and Enron: What happened to their Texas CPA licenses? Daniel Edelman Texas A&M University-Commerce Ashley Nicholson Texas A&M University-Commerce ABSTRACT This article examines Arthur Andersen‚ its role with Enron‚ and what happened to some of its key players. The demise of Arthur Andersen and Enron was significant. Thousands of people lost their jobs and investments. As a result‚ new laws for publicly traded companies and auditing firms
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Class 2 The difference between what the public thinks it is getting in audited financial statements and what the public is actually getting is known as: Expectations gap Which corporate report discusses subjects that include environmental‚ health and safety‚ philanthropic and other social impacts? Corporate social responsibility report According to the authors‚ ethical corporate behavior is expected to lead to: Higher profitability in the long-term The following would be a key control function
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players at different period of baseball history‚ it actually has no difference between injecting steroid and taking amphetamines. Joe Posnanski believes that “it seems more or less the same level of cheating and more or less the same level of wrong” (557). The different motivation urge the player or the owners to take advantage of accessible resource at certain time and space. Giants used the sign-stealing method to beat Dodgers. And different players admitted that they took the performance-enhancing
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properly‚ and why? * It seems to look like everything had start to fail because no one didn’t start questioning about what was going wrong until something actually went wrong with business plans. 9. Identify Conflicts of interest in: * SPE activities: had something to do with the transactions between Enron and LJM2 that had the greatest impact on Enron’s financial statement. * Arthur Andersen activities: was the fact that they did not enforce Enron to establish internal controls‚
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English 135 Instructor: Fawn-Bragg David Ross 15 February 06 Sarbanes-Oxley Act The "Sarbanes-Oxley Act" is a comprehensive corporate reform package that was signed into the US law on July 30‚ 2002. The passage of the Act has been heralded by some as a historic occasioncalling it the most significant accounting legislation since 1933‚ while others have severely criticized the Act either as a "too little too late measure" or as a hasty knee jerk reaction to a temporary situation. Without
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