Case Summary Disclosure responsibility Disclosure responsibility Risk for controller Risk for controller Organizational imperfection Organizational imperfection Incentives for misstatement Incentives for misstatement Outline Mr. Anonymous is the controller of a private-hold‚ small‚ start-up company. He was in dilemma whether to provide the fraudulently misstated financial statement to the bank‚ thus turning to his former professor Dr. Mitchell for advice. Incentives for misstatement
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Anonymous Caller Case Study 1 a) What would you recommend to the caller if you were Dr. Mitchell? Since it appears that the firms top executives are all apart of the fraud and don’t plan on correcting their unethical action. I recommend that the anonymous caller completely remove himself/herself from the situation by resigning or by reporting the situation to the firm’s board of directors or a governmental agency. b) What are the risks of continuing to work with the company? There
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The 3 A’s of Awesome By: Neil Pasricha Name: Bedour Ali Abdullah Section: 15 Neil Pasricha Niel Pasricha was born in September 17‚ 1979. He is an author and speaker characterized by his advocacy of positivity and simple pleasures. He is best known for his book‚ The Book of Awesome‚ which is a New York Times best seller and been a best seller from 2010 to 2014. He is also an established speaker and his TED talk‚ The 3 A’s of Awesome‚ is ranked as the "9th Most Inspiring" TED talk with over 2
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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Chapter 3 FIGHTING FRAUD: AN OVERVIEW Discussion Questions 1. Fraud prevention is important because it is the most cost-effective way to reduce losses from fraud. Once fraud occurs‚ there are no winners. 2. Creating a culture of honesty and high ethics helps to reduce fraud in various ways. Management through its own actions can show that dishonest‚ questionable‚ or unethical behavior will not be tolerated. By hiring the right kind of employees‚ management can select people who are
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Checkpoint: Evaluating Communication Strategies Resources: pp. 195–210‚ 214–220‚ & 223–226 in Ch. 5 of Human Services in Contemporary America Answer the following questions in 200 to 300 words: • What would you need to learn or know about each of your clients in order to communicate effectively with them? The text explains that culture/religion should be on a human service workers list of things to know. There are many different types of cultures and beliefs that go along with those cultures
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Assignment (3) - Demand & Supply Managerial Economics : _________________________________________________________________________ Name: Mahmoud Ahmed Ibrahim – Group B – MBA. ID# _____ _____________________________________________________________________ 6- Briefly list and elaborate on the factors that will Be affecting the demand for the following products In the next several years. Do you think these factors will cause the demand to increase or decrease? A - Products purchased
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Evaluating Truth and Validity Exercise Amy F. Italiano PHL/458 Thursday‚ 5 March 2015 Laura L. Calo Evaluating Truth and Validity Exercise Scenario 1: 12.2.j Power must be evil because it can corrupt people Evaluation of the Argument: Step 1: All things that corrupt people are evil. Power corrupts people. Therefore‚ power must be evil. Step 2: Errors affecting truth Either/or thinking-no; Avoiding the issue-no; Overgeneralizing-yes; Oversimplifying-no; Double standard-no; Shifting the blame-no;
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Employee Turnover by Effective Recruitment in the Hotel Industry‚ retrieved on 10/23 from http://smallbusiness.chron.com/reduce-employee-turnover-effective-recruitment-hotel-industry-33538.html Brooks‚ Chad. (2014). Employee Background Checks: What ’s Legal‚ What ’s Not‚ retrieved on 10/23 from http://www.businessnewsdaily.com/6166-why-you-need-to-use-background-checks.html
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ENG 102 Essay 3: Evaluating Health Care Reform Topic Proposals due: Tuesday‚ October 26 Rough draft due: Tuesday‚ November 2 Final Draft due: Tuesday‚ November 9 Length: 5-6 pages‚ double-spaced MLA format Sources: 3 sources through ASU Libraries minimum…Other reliable (i.e. no Wikipedia‚ Dictionary.com sources or sources of that nature) sources are also allowed. Corresponding Reading: Ch. 8 in Inventing Arguments For your third writing topic‚ you will write a 5-6 page essay during
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