Describe the legal and ethical issues surrounding Andersen’s auditing of companies accused of accounting improprieties The largest bankruptcy of a non-profit organization‚the investors of Baptist Foundation of Arizona sued Andersen which served as the auditor for $217 million for issuing false and misleading approvals of BFA financial statements and also lost $570 million donor funds. BFA management allegedly took money from other investors to pay off the current investors which the court held
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UNIT 1: Legal‚ Ethical‚ and Digital Environment Chapter 1: Legal Heritage and the Information Age US law is primarily based on English common law‚ and other legal systems‚ such as Spanish and French civil law. ← Sources of law are the US Constitution‚ state constitutions‚ federal and state statutes‚ ordinances‚ administrative agency rules and regulations‚ executive orders‚ and judicial decisions by federal and state courts. ← Businesses organized in the US are subject to its laws and
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PROJECT ON LEGAL RESEARCH Submitted by: ANDREW T. GARCIA LLB 1-2 LEGAL DOCTRINES I. CIVIL LAW 1. Doctrine of Relations That principle of law by which an act done at one time is considered by a fiction of law to have been done at some antecedent period. It is a doctrine which‚ although of equitable origin‚ has a well-recognized application to proceedings at law; a legal fiction invented to promote the ends of justice or to prevent injustice end the occurrence of injuries
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LEGAL AND SOCIAL ENVIRONMENT OF BUSINESS ETHICAL DILEMMAS Ethics is an essential component of all situations and decisions of life‚ whether personal or professional. Ethics defines itself as‚ a systemized set of generally accepted standards or moral values and also the academic study of such belief systems (Massey stream glossary). Ethics can further be divided into various categories depending on the issues and aspects of each respective case. An ethical dimension of business decision-making has
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Legal and Ethical Responsibilities MGT/567 May 20‚ 2013 Legal and Ethical Responsibilities MEMORANDUM TO: Company Owner FROM: Vice President of Human Resources DATE: May 20‚ 2013 SUBJECT: Cost Effectiveness This memo is in response to the company’s decrease in sales and profit because of the current state of the economy. The company will be executing more cost-effective measures because of this present situation. These new procedures will begin immediately with approval
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The message of peace in Prophet’s teachings There is no Deity (worthy of worship) except Allah (The One True God) and Muhammad is the Messenger of Allah. The mission of Prophet Muhammad was to restore the worship of the One True God‚ the creator and sustainer of the universe‚ and to demonstrate and complete the laws of moral‚ ethical‚ legal‚ and social conduct and all other matters of significance for the humanity at large. He is considered the “Seal of the Prophets‚” which means the bringer
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IMC Message Strategy All planned brand messages should: 1) Create brand awareness 2) Change or reinforce customers’ attitudes 3) Stimulate some kind of response or action 4) Stimulate the interactivity that helps build brand relationships The IMC Creative Brief is based on these mandates and how they relate to the brand decision-making process. 1 Creating Brand Value for a Biscuit 2 Brand Message Strategy Development The fourth step in the IMC planning process is developing message strategies
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Communication is a two way process of giving and receiving a message‚ such as exchanging ideas of information. This can be done by text messaging‚ emails‚ letters‚ face to face etc. (Rasheed et al‚ 2010‚ pg.2) Interpersonal communication is an effective way between two people to communicate. The interpersonal communication also involves mirroring and reflective listening and it also involves applying the communication cycle in ways that ensure that your message has been understood. Did you know
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Ethical and Legal Problems Faced by Nurse Practitioners HCA322: Health Care Ethics & Medical Law (BGE1226A) Instructor: Eugene Elliott Cara Gerlach 7/23/12 Ethical and Legal Problems Faced by Nurse Practitioners Every medical professional has or will face some ethical and legal issues in the Medical Field‚ the Nurse Practitioners (NP) are no different. Fant stated that in an ethical dilemma there are no right answers or solutions; however‚ in these dilemmas there are no wrong answers either
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Cultural‚ Ethical and Legal Considerations in Psychological Testing Cultural Considerations in Psychological Testing Culture differs in every part of the world and in these differences; psychology addresses the people who take part in the idea of culture and its practices. In psychological testing‚ many issues are raised regarding how such tests are appropriate for different groups of people‚ underlying their traditions‚ races‚ and sex. It has always been a challenge for testing and assessment
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