company‚ a few internal controls should be implemented to comply with the Sarbanes-Oxley Act (SOX). * Management will need to provide periodic quarterly reports to evaluate the effectiveness and reliability of LJB’s internal controls over financial reporting procedures. * Management should certify the accuracy and fairness of presentation of their financial statements. * Independent auditor(s) outside of LJB will need to attest to management’s assessment of said internal controls. Additionally
Premium Internal control Sarbanes–Oxley Act Cash
Compare the strengths and weaknesses of quantitative and qualitative research. Illustrate your answer with appropriate research situations. Introduction There are two board research approaches: called qualitative and quantitative research. The writer is going to compare the strengths and weaknesses of both two research approach by introducing two different research papers both related to elder abuse. The content of a qualitative research “Elder Abuse and Mistreatment in Residential Settings”
Premium Qualitative research Scientific method Quantitative research
the supervisor and subordinate. Once an objective is agreed‚ the employee is usually expected to self-audit; that is‚ to identify the skills needed to achieve the objective. Typically they do not rely on others to locate and specify their strengths and weaknesses. They are expected to monitor their own development and progress. The use of management objectives was first widely advocated in the 1950s by the noted management theorist Peter Drucker. To be successful‚ an MBO program should be part of
Premium Management Peter Drucker
focus mainly on the strengths and weaknesses of the 440 articles in 1919. The Treaty followed a massive war‚ with huge human sacrifice. It was supposed to be the Treaty to end all wars and give security to the countries involved. The overwhelming task that laid ahead for Woodrow Wilson (America)‚ Lloyd George (Great Britain)‚ Clemenceau (France) and Orlando (Italy) was on a bigger scale than any previous delegates had had to deal with. One of the biggest interpreted weaknesses was the economics
Premium World War II World War I Treaty of Versailles
Hong Kong’s strengths and weaknesses as a conference destination Hong Kong‚ advanced in its geographic location and well-developed society and business environment‚ is regarded as a desirable destination for meetings‚ conferences and exhibitions. According to the Hong Kong Exhibition and Convention Industry Association‚ over 110 international exhibitions and conventions took place in Hong Kong in 2006‚ attracting 62‚000 delegates and 5‚200‚000 buyers worldwide. International congresses and exhibitions
Premium Hong Kong Shenzhen Cathay Pacific
2 – Internal Control The following are the internal control requirements a company who wants to go public needs to be put into place. INTERNAL CONTROL REQUIREMENTS Management’s Assessment Section 404(a) of the Act and the related rules adopted by the SEC require management to assess the effectiveness of the company’s internal control over financial reporting as of the end of the company’s most recent fiscal year‚ and to state in the company’s annual report whether the company’s internal control
Premium Generally Accepted Accounting Principles Fiscal year Balance sheet
Internal Controls for Problem 3 Theme park operators must be aware of the fact that rides maintenance is a very important function of a theme park‚ as a malfunction in any component of the rides could very well escalate into a potentially dangerous situation. The simplest method to minimize ride breakdowns is by establishing a reasonable set of internal controls that will be able to efficiently overcome the problem. Under the component of control activity‚ Legoland can implement three features of
Premium Enterprise resource planning Enterprise resource planning
made the most efforts to resolve the crisis. Franklin Roosevelt’s New Deal Plan worked wonders‚ but at the same time‚ it involved several weaknesses to counter it’s strengths. Even though the plan provided social security benefits‚ housing‚ and reforms in the economic system‚ it was held back by racism and failure in developing long-term solutions. First‚ strengths of the New Deal bettered the economy during the Depression. Roosevelt began his presidency by closing all banks to try to alleviate the
Premium New Deal United States Franklin D. Roosevelt
Explore the strengths and weaknesses of two Ways of Knowing. Introduction- There are many different types of ways of knowing such as language‚ sense perception‚ memory‚ imagination‚ emotion‚ faith‚ reason and intuition. The two different ways of knowing that I will be comparing in this essay are Intuition and Reason. The definition for intuition “is the ability to understand something instinctively‚ without the need for conscious reasoning.” Whereas the definition for reason is“ defined as formal
Premium Critical thinking Thought Logic
The cognitive approach has two main strengths. These two strengths are that the cognitive approach is scientific and that it has an application of therapies. The first strength that the cognitive approach has is that it is scientific this is because it is done within the laboratory. This is called lab studies. We can rely on the findings because it is done under a controlled environment. Which makes this a strength. The second strength that the cognitive approach has is the application of these
Premium Psychology Cognition Cognitive science