Case Study Two Name Accounting and Finance 02Feb2011 Dear President of LJB Company‚ (1) If the LJB Company should decide to become a publicly traded company‚ a few internal controls should be implemented to comply with the Sarbanes-Oxley Act (SOX). * Management will need to provide periodic quarterly reports to evaluate the effectiveness and reliability of LJB’s internal controls over financial reporting procedures. * Management should certify the accuracy and fairness of presentation
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LBJ Company: Internal Control Evaluation Accounting 504: Managerial Use & Analysis Case Study 2 Written by: 8/10/13 This evaluation is being presented as an assessment of the preparedness of the LJB Company to go public at a future date. By researching current regulations regarding publicly traded firms we hope to prepare for a smooth transition into the trading market. The Sarbanes-Oxley Act of 2002 (SOX) has established the following guidelines
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Advertisements are everywhere on TV‚ the internet‚ movies‚ magazines‚ etc. They are there to get people to buy whatever it is that they are advertising. They do it with color‚ models‚ and tricky words. In this case my magazine advertised a lip balm called “Baby Lips”. This advertisement says that you can‚ “kiss dull lip balms goodbye and instead have baby lips” making it so that woman get interested into buying this product because you will have baby lips. The colors that are being used in my advertisement
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To: President of LJB Company‚ Thank you for selecting our firm to provide your company with an evaluation of your organizations internal control system. Internal control systems are vital in securing your organizations assets‚ it will limit the risk of fraud as well as misuse of your assets. Comprehending how to separate duties among your employees will aid in improving transparency as well as keep your company financially strong. Before the company decides to go public it is important to know
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Accounting 504 Case Study 2 Keller Graduate School of Management Prepared by: Samara Ellison Prepared for: Professor Hicks 3 April 2013 To: LJB Company President From: Samara Ellison‚ Accounting Firm Subject: Evaluation of LJB Company’s Internal Control Structures Date: 3 April 2013 Hello LJB Company President: First‚ I would like to thank you for hiring my accounting firm to evaluate LJB’s internal controls system. This report will inform you of any new internal control requirements
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PBI 1052 English in the Media 2012 Did you know? By Noorhafeeqa Sefri officially Hey‚ did you know when UNIMAS was incorporated? If you all out there don‟t know when the existence of UNIMAS is‚ let me tell you then. University Malaysia Sarawak or known as UNIMAS was officially incorporated on 24th December 1992. With about 30 academic staff‚ the University started with the first batch of 118 students on 8th August 19 93. Two academics support centre were also established: the Centre
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Case Overview FinePrint Company (FPC) owner and manager John Johnson is weighing a proposal from a local Virginia businessman by the name of Ernest Bradley and his small business “SmallPrint Shop” (SPS). FPC employs one sales representative and one printing-press operator‚ but it also relies on temporary labor to help with the fluctuations in volume. At current it is running at full capacity: 150‚000 brochures a month. SPS is known for its basic printing services; however it is capable of more
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Case Study 2 Springfield Express Instructions: Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car | 90 | Average load factor (percentage of seats filled) | 70% | Average full passenger fare | $160 | Average variable cost per passenger | $70 | Fixed operating cost per month | $3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Break-even
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Daniel Elizondo INTB Case Study 2 October 2‚ 2014 Anglo American PLC in South Africa What are the pros and cons of Anglo American’s adoption of an aggressive strategy in combating HIV/AIDS among its South African workforce? What recommendations would you give the company concerning its HIV/AIDS policy? The pros behind Anglo American’s ART program are the fact that they took the initiative to step up and help their workers prevent the transmission of AIDS‚ treat AIDS‚ and provide other services
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• Wallace’s future business strategy : Gradual shift toward products that are sold to multiple customers and products that are manufactured on a volume basis • Wallace is good at below things and he will continue them in future plans: o Old BS ▪ Respond to individual customer design requirements ( new products to unique customer applications) customer oriented Process design choice is about customization.batch or assembly line . (In order to do that we should produce in low
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