Introduction We chose to examine and test the January Effect as a trading strategy. The January Effect is well documented in the literature since Rozeff and Kinney (RK) 1976. Their study showed share returns appear to be abnormally high in January in the United States. In Australia‚ Brown et al (BKKM) 1983 demonstrated that ASX share returns peak in January and July. This trend appears to persist over time and markets across the world so it could be an exploitable trading strategy‚ taking advantage
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Financial Statement Fraud Schemes While evaluating Apollo Shoes‚ there are some areas of concern that are potential fraud schemes. Fraud can lead to the entire collapse of a company if not corrected‚ and will also affect share value and investor confidence. This paper provides an overview of the process of investigation along with recommendations for the company. As with any company‚ revenue recognition is an important part of operations for Apollo Shoes. Generally accepted accounting principles
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Waste Management Inc. Fraud I. BRIEF HISTORY Waste Management Inc is a company in North America that provides waste and environmental services. This company was founded by Larry Beck in 1894. The company ’s operations also involved managing air and gas‚ environmental and groundwater protection as well as environmental engineering. By 1971‚ the company became more public after the 133 acquisitions and the $82M in revenue that were made and soon became the largest waste hauler in the
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DIRECT EXAMINATION FOR THE WEEK OF 9/26 AND 10/4 Direct Examination for the Defense Witness Aubrey Fox What is your full name? What is your age? 3. What high school do you currently attend? 4.You are here to tell the jury about the hit-and-run in question‚ which you saw; is that right? 5.So you know Adrian‚ the defendant? (lays the foundation) 6.Directing your attention to the day in question‚ April 19‚ 2012‚ where were you that night? Yes‚ I was at the celebratory meet... 7.How is your
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Why examination should not be abolished Examinations are a common way to examine students ‘knowledge and abilities of subject at school all over the world. Some people disagree that examinations create competition prepare students for life and should not be abolished. However‚ experts say that examinations do not measure student knowledge. Examinations may have some drawbacks with regards to pressuring students ‘health; However‚ in my opinion‚ examinations should not be abolished‚ because examination
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Hi Al‚ As you may know‚ the agency will be executing a new nation-wide Immigration Benefit Fraud Assessment (IBFA) study‚ which will begin this fall. IBFA was formerly known as the Benefit Fraud Assessment (BFA) or Benefit Fraud Compliance Assessment. OP&S is collaborating with representatives from FDNS‚ FOD‚ SCOPS‚ and OP&S staff to execute the study. Chris Dombek and Taeho Jinn are our POCs from FDNSHQ. The study will include 200 to 240 newly received I-130 case files. All these cases will
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schools for their children‚ keeping up the appearance of greater wealth than he was able to afford as a status symbol (Sutherland‚ 1940). Earl Jones scheme works by simply paying old investors the funds collected with new investors. The fraud can only continue just as long as there was a continued flow of new investors. Jones had made a promise to his clients that they will achieve an above normal rate of return. (Moffatt‚ 2012). In 2005 Jones set up nine mortgages valued nearly two million
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small organizations like school. School is one of the organizations that need advancement‚ because in this institution many transactions are made like entrance examination. Entrance examination is one of the most popular systems especially in the school‚ because before you enroll or enter the school you must take the entrance examination to test your skill whether you’re qualified or not. School set as the various pedagogical changes to achieve the current level of education in other countries
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powerful law because companies can use it to prosecute employees when they use the rights the companies have given them to carry out fraudulent activities. Other federal laws that address hacking include the following: Computer Fraud and Abuse Act of 1984 The Computer Fraud and Abuse Act (CFAA) of 1984 protect certain types of information that the government maintains as sensitive. The Act defines the term “classified computer‚” and imposes punishment for unauthorized or misused access into one of
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Sales at Miniscribe Corp. grew from just over $5 million in 1982 to approximately $114 million in its fiscal year ended in 1985. The 1986 and 1987 annual reports talked enthusiastically about new manufacturing initiatives. MiniScribe’s success continued well into the first half of 1988‚ when the company seemed to be the only disk drive manufacturer in the industry to buck another slump. The improved financial results of the company were mostly fabricated‚ including fictitious shipments to boost
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