LBJ Company: Internal Control Evaluation Accounting 504: Managerial Use & Analysis Case Study 2 Written by: 8/10/13 This evaluation is being presented as an assessment of the preparedness of the LJB Company to go public at a future date. By researching current regulations regarding publicly traded firms we hope to prepare for a smooth transition into the trading market. The Sarbanes-Oxley Act of 2002 (SOX) has established the following guidelines
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Week 9 DQ 2. Describe your staffing approach (ethnocentric‚ polycentric‚ or geocentric) and why you are choosing this approach. In doing business in a Japan‚ the polycentric staffing approach would work best. In this approach Host country nationals occupy positions in the foreign subsidiary. Some transfers of HCNs to headquarters also take place. The approach eliminates the language barriers‚ and typically HCNs are less expensive. This policy is best used when companies want to keep hiring
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Team-selling provides an ideal process for account managers and specialists to work together to serve a client. "The place and time to use team-selling is when customer solutions is more important than price" (Dalrymple et al 2001). The Case Study Imaginative Staffing Inc. is a temporary services firm‚ formed in 1990. With $17 million in revenue; the CEO Angie Roberts is unhappy concerning the length of time to close a sale once a prospect has been identified. Roberts has found the average length of
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Case Study 2 Springfield Express Instructions: Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car | 90 | Average load factor (percentage of seats filled) | 70% | Average full passenger fare | $160 | Average variable cost per passenger | $70 | Fixed operating cost per month | $3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Break-even
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To: President of LJB Company‚ Thank you for selecting our firm to provide your company with an evaluation of your organizations internal control system. Internal control systems are vital in securing your organizations assets‚ it will limit the risk of fraud as well as misuse of your assets. Comprehending how to separate duties among your employees will aid in improving transparency as well as keep your company financially strong. Before the company decides to go public it is important to know
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Firstly‚ the tasks of Family and Friends 2 will be discussed. According to Littlejohn (1998)‚ turn-take "refers to the kind of participation which learner should have in accomplishing the learning task". Half of the tasks in Family and Friends 2 are supposed the learners to respond. The rests of the tasks do not require learners to initiate or respond. This fact shows that the Family and Friends 2 tasks more often push students to use the language. Moreover‚ it expects learners being a listener rather
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Change and Culture Case Study 1 Joan Ramos HCS/514 February 4‚ 2013 Debra Williams Change and Culture Case Study 1 The cost of health care in the United States remains an important concern for American consumers. The challenges for controlling costs and providing a better health care system are various and complex. These challenges‚ in many cases‚ are in the realm of the Department of Health and Human Services (HHS) or other federal or state agencies (Department of Justice‚ 2012). Hospitals
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2. Clover Machines Case: Dabbling in International Markets? 1. What are overall benefits of tapping international markets? Does it make sense for Clover given its success in using domestic capital markets? Global financial markets are often larger than domestic financial markets. This means that financing issue size can be larger‚ costs can be lower and contract flexibility can be higher. But global markets are typically only available for large firms. Clover appears to be of sufficient size
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Strategic Staffing Current Developments in Job Analysis Summary Today‚ it is increasingly clear that using competencies to describe jobs is more important to HR professionals than traditional resumes. Employers are inundated with look-alike resumes and are struggling to find information that can differentiate one applicant from another. Organizations compete fiercely in the war for talent. Many invest an enormous amount of money‚ time and other resources in advertising and staffing strategies
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Accounting 504 Case Study 2 Keller Graduate School of Management Prepared by: Samara Ellison Prepared for: Professor Hicks 3 April 2013 To: LJB Company President From: Samara Ellison‚ Accounting Firm Subject: Evaluation of LJB Company’s Internal Control Structures Date: 3 April 2013 Hello LJB Company President: First‚ I would like to thank you for hiring my accounting firm to evaluate LJB’s internal controls system. This report will inform you of any new internal control requirements
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