Question 1 1.0 Nature of the Shell Refining Company Our group has selected Shell Refining Co. Bhd (F.O.M) as our assignment topic’s company. It’s a Malaysian based company located in Port Dickson which produces wide range of petroleum products‚ mostly consumed within Malaysia. It was incorporated in Malaysia on 19 September 1960 and was listed on KLSE on 29 October 1962. Its parent company is Royal Dutch Shell PLC. The company vision is to be the top performing and most admired refinery in Asia
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with more disposable income in littering the urban scope with the digital detritus of the digital age called E-waste. E-waste is a generic term encompassing various forms of electrical and electronic equipment that may be old‚ might have reached end-of-life and most importantly cease to be of any value to their present owners and it has been identified as one of the fastest growing waste steams. The electrical and electronic goods are broadly classified under three major heads; ’White goods’
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Food Waste? Too valuable to waste! According to statistics from the Environmental Protection Department‚ in Hong Kong‚ solid waste generated daily weighs around 17000 tones‚ of which around 30% is organic matter (2700 tones) which is roughly equal to 120 double-deck buses in size. Compared this to the US where‚ revealed by the Environmental Protection Agency‚ only 12% of waste stream was scrap of food in 2005. Extra care in disposal is required for these putrescible wastes‚ otherwise nuisance
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Phillip Canamar Accounting Case Analysis LP1 Assignment: Audit Failure 1. Analyze the actions of the auditors in both cases and identify any errors in judgment made by the auditors. The action of the Auditors‚ Audit Committee‚ and top management that worked for Molex Corporation were in error because FASB Concept Statement #2 (materiality defined) appears to apply to this case and should have know the appropriate way to handle the situation that conforms with GAAP and adjust the financials
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Talent Management and Development Audit and Strategy Proposal James McClain Jr. Walden University Bank of America is a bank and financial holding company. It is a financial institution that serves individuals small and large business‚ large corporations and the government. The bank offers banking‚ investing‚ asset management‚ risk management‚ and other financial services. Through its subsidiaries and other nonbanking subsidiaries in the United States and international markets it provides
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Very simply put‚ strategic planning identifies where the organization wants to be at some point in the future and how it is going to get there. The "strategic" part of this planning process is the continual attention to current changes in the organization and its external environment‚ and how this effects the future of the organization. Skills in strategic planning are critical to the long-term success of your organization. This form of planning includes: a) Taking a wide look around at what
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Waste-to-energy Taking Care of Garbage Michelle Rowland Buena Vista University Waste-to-energy Taking Care of Garbage We all have to share this world with its limited resources. We must take advantage of all resources we have‚ regardless if they came from the earth‚ are man made‚ or are waste products. The average person in America throws away 3.7 pounds of garbage every day (Resource Recovery Public Works‚ 2009). It is no surprise that this leads to landfills that are filling faster
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Ellis Casey E-waste The way that society moves nowadays is based on the development of technology. We communicate‚ we learn‚ we transport and we entertain ourselves mainly based on electronic devices. As we develop as a society‚ technologic has to develop‚ too. Hence‚ every time we want to renew our electronics‚ we first have to disposal the ones we had before. The problem about ‘renewing’ our televisions‚ mobile phones and computers is that we are creating unnecessary waste to the planet
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current issue and full text archive of this journal is available at www.emeraldinsight.com/0268-6902.htm Past control risk and current audit fees Past control risk Thomas G. Calderon‚ Li Wang and Thomas Klenotic George W. Daverio School of Accountancy‚ The University of Akron‚ Akron‚ Ohio‚ USA 693 Abstract Purpose – The authors posit that audit fees are driven by historical risk factors and risk encountered in the current period. The purpose of this paper is to focus on historical
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pressure and a lack of internal control‚ AIG have committed frauds resulting in several scandals. One of the accounting scandals was disclosed during 2005 which involved a material mis-statement due to false transactions during 2000. This scandal set to prelude leading the downfall of AIG in 2008. In this paper‚ I will analyze the cause‚ the transactions and finally effects of the scandal. The Accounting Scandal The Players The CEO of AIG was Maurice “Hank” Greenberg. Greenberg joined AIG in 1962
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