com/component/k2/item/8322-capital-purchase-justification.html Gerson ‚ J. (2013‚ May 16). Ontario’s outdated mammography machines may have allowed some breast cancers to go undetected: report. Retrieved May 31‚ 2013 from http://news.nationalpost.com/2013/05/15/ontarios-outdated-mammography-machines- may-have-allowed-some-breast-cancers-to-go-undetected-report/ Magnetom espree - pink. (2013). Retrieved May 31‚ 2013 from http://healthcare.siemens.com/magnetic-resonance-imaging/0-35-to-1-5t-mri- scanner/magnetom-espree-pink
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Inhalants "Inhalants are volatile substances that produce chemical vapors that can be inhaled to induce a psychoactive‚ or mind-altering‚ effect. “http://www.drugabuse.gov/publications/research-reports/inhalant -abuse/what-are-inhalants” Inhalants are not natural‚ they are man made in factories. There are four main types of inhalants which are volatile solvents‚ gases‚ aerosols‚ and nitrites. Some examples of these are household products such as glue‚ paint thinner‚ and aerosol cans. Inhalants
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Many changes in financial reporting have taken place as a result of The Sarbanes-Oxley Act. This legislation was passed by congress in 2002. It introduced important modifications and standards to the regulatory requirements of financial practice and corporate governance for all publicly traded companies in the United States. The SOX act is composed of eleven titles and includes important provisions such as Section 404 that deals with reporting of internal control processes by corporate management
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Games Directors play While analysing the Reality of Boardroom we say many games and tactics often employed by directors so that they don’t lose power. Some such games were alliance‚ coalition‚ lobbying‚ scaremongering‚ log rolling etc. Here also majority of BOD were near and dear ones of Bright so everybody chose to stay quiet about what is going on. Under-reserving Like we say in the HLL case under-reserving is a tactic used by firms but in the long run it cant stop companies from collapsing
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Intermediate Accounting Paper The Financial Accounting Standards Board (FASB) is a private‚ not-for-profit organization whose primary purpose is to develop generally accepted accounting principles (GAAP) within the United States in the public ’s interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S. It was created in 1973‚ replacing the Accounting Principles Board and the Committee
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Question 1 : Is there anything unique about L&H that made the company prone to engage in fraudulent accounting practices? The unique characteristics in L&H that made it prone to engage in fraudulent accounting practices were the rapid expansion and acquisition of companies beyond their boundaries‚ and the inability to oversee these operations. Another important factor that stands out is the lack of ethical values portrayed by the founders of L&H. The top management did not set code of ethics‚ but
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Auditor Professional Pressures 59 63 65 71 79 3.2 Nathan Johnson’s Rental Car Reimbursement Solving Ethical Dilemmas–Should He Pocket the Cash? Recognizing It’s a Fraud and Evaluating What to Do . . . . . . 3.3 The Anonymous Caller 3.4 WorldCom The Story of a Whistleblower . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.5 Hollinger International . . . . . . . . . . . . . . . . . . . . . . . Realities of
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There is a long list of historical cases that document a series of financial scandals that are as a result of deliberate misguidance instigated by the international financial professional in order to fulfil ill financial ambitions. The famous Enron‚ WorldCom‚ HIH Insurance‚ Barrings Bank etc. Apparently‚ this is why I am totally agreeing to the fact that the international accounting profession has lost its way and is no longer attending to the needs of diverse users of accounting information in a manner
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Act of 2002. This board was created to oversee the audit of public companies‚ subject to the securities laws‚ in order to protect the interests of investors (15 USC 7201‚ 2002). It was created in wake of the recent financial scandals of Enron‚ WorldCom‚ and Global Crossing to name a few. This "Act" established by Congress is to create an oversight board‚ so that such scandals will never occur again. Will this oversight board work and will its work restore public confidence and encourage individuals
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1. In September of 1985‚ Japan planned to stimulate domestic demand and allow their currency to appreciate. At the same time‚ U.S. Federal Reserve began easing monetary policy and allowing the U.S. dollar to depreciate. Due to this‚ Japan’s export growth came to a halt causing a slump in the economy. The rising value of the yen put pressure on profitability of companies like Olympus‚ which were largely dependent on exports. Cameras sold in the U.S. yielded far less yen and net profit went down substantially
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