1. Identify an accounting scandal at a corporation that has resulted in a loss of reputation to the accounting profession. Explain the crime(s) committed. In early 2008 Lehman borrowed large amounts to fund its investing in the years leading to its bankruptcy in 2008‚ “a process known as leveraging or gearing”. A large part of their investments were towards housing market‚ making it vulnerable to a downturn in that market. This firm generated large profits during the housing boom‚ this place them
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BTEC ICT Unit 2 – Working in the IT industry Name: Form: 10T Teacher: Contents Task 1 4 Research the characteristics required to work in the IT sector 4 Describe the characteristics and display it in a table. 4 Task 2 6 Create a table with two columns‚ regarding job role and descriptions 6 List the different type of roles that can be found in the ICT sector 6 Describe each of the job roles 6 Task 3 11 Create a booklet regarding ONE job role 11 List the characteristics
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What have you learned about what psychology offers as a tool for understanding individuals? Psychology helps people understand each other personalities. It lets their mindset get evaluated. To understand how a person thinks or handle situations are very important to understand. For example‚ when a girl is a lesbian it is for a reason. It could be because she saw her mother in an abusive relationship with a man do not want to go down the same road or because she is following in her mother footsteps
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When it comes to Accounting there are nine steps that one must follow. The nine steps as followed in the accounting cycle are: 1. Analyze Transactions 2. Journalize Transactions 3. Post to Ledger Accounts 4. Prepare a Trail Balance 5. Journalize and Post Adjusting Entries 6. Prepare an Adjusted Trail Balance 7. Prepare Financial Statements 8. Journalize and Post Closing Entries 9. Prepare a Post Closing Trail Balance In the first step of accounting the analyze transactions
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Personal declaration: Word count: 2413 I confirm that this piece of work is a result of my own work. Material from the work of others not involved in the project has been acknowledged and quotations and paraphrases suitably indicated. Furthermore‚ I confirm that I understand the definition of plagiarism that is used by Durham University‚ and that all source material has been appropriate cited and referenced. I understand that only the content in the main body of the work will be marked
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Unit 6 Statement of Cash Flows and Financial Statement Analysis & The Metrics of a Company Unit Assignment Kaplan University January 18‚ 2013 AC505: Advanced Managerial/Cost Accounting |Transaction |Operating |Investing |Financing | |A. Paid bills to insurers and utility providers
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C 2-3 Bruce and Bob organize Black LLC on May 10 of the current year. What is the entity’s default tax classification? The default taxation for this company would be a partnership for federal income tax purposes. Are any alternative classification(s) available? An alternative tax classification can be an association which is taxable as a corporation or S corporation. If so‚ (1) how do Bruce and Bob elect the alternative classification(s) and (2) what are the tax consequences of doing so
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ACTG378 AP Database Assignment This assignment will give you practice creating database tables and creating queries. Imagine you are helping set up the database tables for a new Accounts Payable (AP) system. This individual database assignment you will be expected to: * Do additional verification queries by creating queries using the Access visual interface * Explain the SQL code generated by these additional queries * Make appropriate modifications to existing Create Table
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Lori Phillips HN115 Unit 2 Project I used Careerbuilder.com to complete this assignment. Job 1 Job Title: Case Manager Supervisor 1 – Denver Human Services Job Description: The City and County of Denver and Denver Human Services seek enthusiastic‚ positive-minded community leaders for the role of Case Management Supervisor I. Case Manager Supervisors lead teams who interview and determine eligibility to public assistance for our most vulnerable residents‚ while connecting them to
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Accounting Theory – Seminar 2 Presentation Briefly describe the accounting profession/What is the role of accountants? Accountants analyse costs of operations‚ products‚ and special projects. Compute taxes owed‚ prepare tax returns. Organize and maintain financial records. Suggest ways to reduce costs‚ enhance revenues and improve profits‚ Improve businesses efficiency. Critically discuss the role of the CFO Andy Fastow in the ENRON scandal Fastow created hundreds/ of "special-purpose entities"–off
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