1. Reviewing GM’s financial information in GM Exhibit 1 and its stock price in GM Exhibit 2‚ when do you first see signs of GM’s impending financial distress? The sign of GM’s impending financial distress is first seen in 2005. GM reported a net loss of more than $10 billion and has continued to post annual losses since that time with losses reaching almost $31 billion in 2008. GM’s cash flow from operations in 2005 was a negative $16.8 billion. Reviewing GM’s stock price‚ we can see that the stock
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Tool given on page 5 of the article‚ and assess the depth of learning in your organization. For scoring the criteria given therein‚ you may use any of the measuring scales you have learnt in your earlier course. This exercise has been done for Deloitte & Touché and the External Audit service line. The scoring for the questionnaire is as follows (per the document) - 7 point scale for Supportive Learning Environment - 7 point scale for Concrete Learning Processes and Practices - 5 point scale
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Talent management in Indian upstream oil & gas sector July 2010 www.deloitte.com/in 2 Contents Talent management in Indian upstream oil & gas sector Abstract The Indian Upstream Industry Key challenges in Indian upstream industry The Solution The Develop – Deploy – Connect Model Developing periodic table of talent Workplaces of tomorrow State of the art retention strategies People-to-people knowledge transfer Examples of how used during lifecycle People-to-content
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Writing the narrative: the triumphs and tribulations By Afra Sajjad Introduction In recent years‚ particularly since the advent of the global financial crisis‚ the debate has grown over whether annual reports have relevance to investors and other users‚ and enable them to make proper decisions on companies’ prospects. To bridge the perceived information gap‚ and to satisfy the information requirements of the standard setters‚ narrative reporting has come to the fore. In its various guises – Business Review
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Artur Czapla is the manager of my big real estate company‚ called MIG-Investments. He was born on the 23rd February 1985 and has started his career at a very young age. While still a teenager‚ he has interned at companies such as Deloitte and also worked at his father’s firm to gain valuable experience. He was admitted to MIG-Investments for the position of a sales representative and has worked his way up to the administrative position over the course of 3 years. His main responsibilities as a manager
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com/sites/francinemckenna/2012/12/21/pwc-and-thomson-reuters-in-china-u-k-business-alliance-violating-auditor-independence/ [Accessed 05 February 2013] Kim‚ K. et al (2009) Corporate Governance‚ Third Edition‚ Prentice Hall‚ USA SEC (2013) ‘SEC Charges Deloitte & Touche for Adelphia Audit. 2013. SEC Charges Deloitte & Touche for Adelphia Audit’ [Online] Available at: http://www.sec.gov/news/press/2005-65.htm [Accessed 05 February 2013 Sherer‚ M. & Turley‚ S. (2007) Current Issues in Auditing‚ Third Edition‚ SAGE Publications‚ London
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20 Apr. 2012. <http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055>. 5 "Nortel Networks Files for Bankruptcy Protection." CBC News. 14 Jan. 2009. Web. 20 Apr. 2012. 6 "Deloitte ’s Hand Everywhere‚ Nortel Trial hears." Financial Post. Web. 23 Apr. 2012. <http://business.financialpost.com/2012/04/13/deloittes-hand-everywhere-nortel-trial-hears/>. 7 "Top Former Nortel Execs Charged with Fraud." Web. 23 Apr. 2012. <http://www.canada.com/ottawacitizen/news/story.html?id=c0d441c3-223a-4855-b3ad-09f6144727fa>
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to change auditors under Italian law. Grant Thornton remained in charge of auditing services provided to off-shore subsidiaries located in the Cayman Islands. Fraud related activities continued to be discovered when the new appointed auditor‚ Deloitte & Touche Spa‚ received a forged letter that confirmed the existence of the nonexistent account. Further investigation resulted in the company’s filing for bankruptcy protection against the revelation of massive missing or nonexistent funds previously
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Case # 1 Andersen: An Obstruction of Justice? P. C1 DISCUSSION QUESTIONS 1. Look up the term corrupt in the dictionary. What is its definition? Was corrupt appropriately applied to the actions of Arthur Andersen? 2. The issues that overturned the Andersen verdict were based on faulty jury instructions‚ not on whether Andersen was in fact guilty or innocent. Based on the information in this case and other information you know‚ do you believe Andersen violated the law? 3. Do you believe that the
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Executive Summary Cotton On has been a major player in the retail industry. However‚ in the face of strong competition‚ Cotton On needs to explore new aspects of the consumer market to distinguish itself. Fortuitously‚ there is a rise in personalized marketing and products. Personalized marketing is so attractive that its competitor‚ Zalora has already taken steps to capitalize on this trend (Zalora‚ n.d.). Hence‚ it is even more compelling for Cotton On to follow suit and keep up with the competition
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