BAO3309 ADVANCED FINANCIAL ACCOUNTING Semester 1‚ 2013 INDIVIDUAL ASSIGNMENT – 20% (Due date week 9) Please contact your local lecturer. “What was the primary cause of the current financial crisis? Sub-prime mortgages‚ credit default swaps‚ or excessive debt? None of those‚ says Steve Forbes‚ chairman of Forbes Media and sometime political candidate. In his view‚ mark-to-market accounting was "the principal reason" that the U.S. financial system melted down in 2008. Do accounting rules actually
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Crisis management: framework incorporating quality issues Introduction The 2007-09 financial crisis was the most serious such event since the Great Depression. The crisis manifested itself in credit losses‚ write-downs‚ liquidity shocks‚ deflated property values‚ and a contraction of the real economy. The sharp contraction in U.S. gross domestic product in 2009 traced to the adverse effects of the crisis on household consumption and business Investments. In the housing sector‚ banks took advantage
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existing business process re-engineering methodologies The development and implementation of a new methodology Maria Vakola and Yacine Rezgui University of Salford‚ Salford‚ UK Keywords BPR‚ Methodology‚ Organizational change Abstract Explores the need for a business process re-engineering methodology and presents a critique of the existing methodologies. The identified weaknesses served as a basis for the development of a new eight-stage BPR methodology which was implemented and evaluated within
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10 Rules of Crisis Management By Brian Ellis‚ EVP/Crisis Communications & whatcanbe Lab After 10 years in the news business and 20 years counseling clients how to stay out of headlines when a crisis strikes‚ I’ve developed 10 basic rules of crisis management. 1. Being Unprepared Is No Excuse. My father was an officer of the U.S. Army. Although I was never an active Boy Scout‚ their motto “Be Prepared” was drilled into my head at an early age. As I’ve toiled in this industry for the past two
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consistently fluctuates and as such‚ can create ethical concerns for those involved. The recession which followed the 2008 financial crisis resulted in a plethora amount of borrowers losing their homes to foreclosure (Shaw‚ 2012). This case study involves a decision to walk away from a mortgage‚ after learning about unethical lending practices‚ which has been recommended by financial advisors. It is argued that‚ due to unethical lending practices‚ borrowers are permitted to terminate their mortgage obligation;
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Application of Soft Systems Methodology By Name Course Professor University City/State Date In management‚ problematic situations often arise. Some from a need to harmonize different peoples’ perceptions‚ some from need to expand the business and others from the need to start new projects The soft system methodology is a general approach for addressing real-world difficult situations in management. It has been developed with time as a result of extensive research by Peter Checkland and Brian
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End of Studies Thesis What is the role of the credit rating agencies‚ which part did they play in the recent Financial Crisis and how can their efficiency be improved? Thesis Supervisor – David Menival Emmeline Beauchamp – Cycle Franco- US – March 2013 Acknowledgments I would first like to thank RMS and especially the CESEM to have taught me a lot‚ helped me to grow and open up and gave me this incredible opportunity of studying two years in the United States. None of this phenomenal
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understand issue of XP (Extreme Programming) as a methodology is important to mention some of it´s background. XP came to the picture in 1999 in Kent Beck´s book named Extreme Programming Explained. The book was originally aimed to programmers but the Extreme methodology reached others areas as well. XP as a methodology in the early 2000 gained a lot of followers as a new outlook of doing programming and systems design. But this new methodology also arose questions about its effectiveness and originality
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Reflective Assignment on Personal Teaching Methodology Since the advent of language learning as an academic discipline‚ there have been gradual shifts in language teaching methodology from Grammar Translation‚ to Audiolingualism‚ and those applied in more recent and well known Communicative Language Teaching. However‚ ELT practitioners have put forward an array of opinions‚ arguments and concerns over the issue that which of the suggested methodologies works best in language teaching. But‚ a variety
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Organizational Research Methods http://orm.sagepub.com A Review of Cross-Cultural Methodologies for Organizational Research: A Best- Practices Approach Bryan S. Schaffer and Christine M. Riordan Organizational Research Methods 2003; 6; 169 DOI: 10.1177/1094428103251542 The online version of this article can be found at: http://orm.sagepub.com/cgi/content/abstract/6/2/169 Published by: http://www.sagepublications.com On behalf of: The Research Methods Division of The Academy of Management
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