co Ethics and Compliance Program Costco wholesale follows a very strict code of ethics‚ which are strongly enforced with their compliance program. Costco’s ultimate mission is to provide their members with quality goods and services at the lowest price possible. In order for Costco to achieve their mission‚ they must abide by their simple code of ethics which consist of‚ obeying the law‚ taking care of their members‚ taking care of their employees‚ and respecting their suppliers. Upon success
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of privacy‚ this can make it difficult for local governments and auditors to gain insights into what is going on. Enron appears to have manged to succeed for a long time in hiding what was going on from both auditors‚ investors‚ and potential whistle-blowers. If Enron was recording profits‚ and assuming not much else was happening in these other entities‚ then these offshore entities would be recording losses. These losses were conveniently recorded away from the financial statements and therefore
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to explain to a prospective employer why they were fired? Why or why not? No. They should still put their work experience at cruise line in the resume. If ever they will be asked why they were fired‚ they just need to be honest that they were the whistle
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Material & Immaterial Space The concept of space has massively changed since the evolution of mankind. Spaces that were defined by material‚ culture‚ context and climate have now been redefined by other factors such as technology and new invincible forces. Based on Jonathan Hill’s Immaterial Architecture‚ the book that traces the changing science of space and the forces that define it‚ i.e.-material aspect (presence of matter) and the immaterial aspect (absence of matter)‚ this paper also
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to the group level. Journal of Managerial Issues‚ 8(4)‚ 425-439. Longenecker‚ J.G.‚ McKinney‚ J.A.‚ & Moore‚ C.W. (1989). The generation gap in business ethics. Business Horizons‚ 32‚ 9-14. Near‚ J.P.‚ & Miceli‚ M.P. 1986. Retaliation against whistle blowers: Predictors and effects. Journal of Applied Psychology‚ 71(1)‚ 137-145. O’Leary‚ C.‚ & Pangemanan‚ G. (2007). The effect of group work on ethical decision-making of accountancy students. Journal of Business Ethics‚ 75‚ 215-228. Posner‚ B.‚ & Schmidt
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Analysis of Corporate Governance of BAJAJ AUTO LTD. Company Profile Bajaj Auto Limited is one of India’s premier two and three wheeler automobile manufacturing companies. It was founded in the year 1945. For the financial 2009-10‚ the company had sales of Rs. 12152.74 crores and net income of Rs. 1597.22 crores. It exports its two and three wheeler vehicles to more than 50 countries. The company as of 2010 accounts for 24.3% of the Indian motorcycle market. Corporate Governance practices
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The Sarbanes-Oxley Act of 2002 Name Tutor Institution Course Date Introduction The numerous scandals that involved corporate and investors in the year 2002 such as Enron‚ WorldCom and Tyco came as shock to many investors in the United States. Many investors lost their money to fraudulent activities by accountability corporate making them loose confidence in financial statements provided. Such loses created concern within the government prompting them to overhaul all the
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on analysts’ reaction to quarterly profits. They were also aware of the centralized power exerted by Scrushy. Other red flags included the high turnover in the CFO position‚ and the rapid growth in net income. They also accepted explanations of whistle-blower accusations that might have revealed the fraud if followed up. 2. What procedures can auditors perform to detect fraudulent entries made during the consolidation process? Auditors should understand and test controls over the consolidation process
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What if it was revealed that the President of the United States was intentionally violating the Constitution? The very Constitution which our founding fathers had written 200 years ago to protect our freedom. What if‚ instead of apologizing‚ the President justified this gross violation with the intent of protecting our nation by a super-secret spy agency? That frightening scenario came into fruition in 2002‚ when in light of the 9/11 attacks‚ President Bush signed a secret order authorizing the NSA
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Adult Reviews (SARs) which are commissioned by the Local Safeguarding Adult Board (LSAB). (Safeguarding Vulnerable People in the Reformed NHS Accountability and Assurance Framework)3 3. Whistle blowing Always act whenever abuse is suspected including when your legitimate concern is not acted upon. Whistle blowers are given protection under the Public Interest Disclosure Act 1998. If in doubt contact your nominated lead for adult safeguarding for assistance and
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