This case basically explains about MarineCorp Sdn Bhd leads by Hafiz Hashim who has position as a Chief Financial Officer (CFO) in MarineCorp. It is also a subsidiary of SURIA. MarineCorp is a maritime solution provider for its SURIA and have two subsidiaries which are Green Port Sdn Bhd and Sungai Emas Sdn Bhd. MarineCorp has their responsibility in manage and conducting both subsidiaries. The financial statements of the three companies will end by twelve months on 31st December 2009. The problems
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COMPANY PROFILE Marks and Spencer Group plc REFERENCE CODE: DFE67A38-E021-448F-BC58-3944E618713F PUBLICATION DATE: 12 May 2012 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Marks and Spencer Group plc TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................
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The Sky Is the Limit ACC 682 05/13/13 This case takes place at Hardwell University and is a great example of the problems that can arise from someone given too much power. Dr. Reginald Lear took over as the School’s president and was offered a compensation package‚ which ranked highly for college presidents exceeding $700‚000. This fraud was much different in how it was discovered‚ as it was not an anonymous phone call or an auditor. The fraud was initially uncovered by a local news outlet
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degree in business from any elite school. He had a very humble beginning with cost cutting at the forefront and a desire to make change within the industry. In 1995‚ the company publicly became known as WorldCom. By 1998‚ Ebbers and his Chief Financial Officer‚ Scott Sullivan‚ who was the brains behind the MCI merger‚ received accolades and were recognized by analysts as industry torch bearers. As the years progressed and the company grew larger‚ problems began to arise. The problems that WorldCom
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is currently not in very good financial situation. Based on calculations that I made for the capital budgeting‚ my recommendation is to buy the new Zinser machine. After computing the NPV for the project it came out to be $10‚160‚579 over the period of 10 years. According on the analysis of the CFO of the company‚ Zinser would produce a finer- quality yarn that would be used for higher quality and higher margin products. Since Aurora has been facing so many financial challenges over the years‚ implementing
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Scott Sullivan‚ Chief Financial Officer at the time. Sullivan dismissed Cooper’s concerns and attempted to convince her to postpone the audit. Unfortunately for Sullivan and Ebbers‚ Cooper continued her investigation and presented her findings to Max Bobbitt‚ Head of Worldcom’s Audit Committee‚ who then informed the rest of the committee and KPMG. The Worldcom empire began to shake. At first‚ the issue in question was approximately $4 billion of misallocated line costs in the financial statements beginning
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CASE 8.1 LIVENT‚ INC. Synopsis Similar to most financial frauds‚ the Livent‚ Inc. fraud was masterminded by a few individuals‚ primarily Garth Drabinsky and Myron Gottlieb. However‚ numerous individuals were eventually drawn into Livent’s fraudulent schemes by its principal architects‚ including Maria Messina‚ the company’s chief financial officer (CFO). Messina‚ a former partner with Deloitte & Touche’s Canadian affiliate‚ had previously served as Livent’s audit engagement partner
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1. The recently promoted Chief Petty Officers attached to Staubles Bay for Officer of the Day (OOD) duties were required to carry-out an extended period of understudy‚ which entails working alongside a senior Chief Petty Officer during their tour of duty. As Command Fleet Chief Petty Officer (CFCPO)‚ I was mandated by Command to design a mechanism to effectively assess the competency of these Chief Petty Officers to determine their readiness to assume the administrative responsibility entrusted upon
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operate and how they choose and achieve their objectives. As culture is a set of values and practices‚ changing it may be difficult and a long process‚ especially if the change is organized by a new chief executive. Changing the culture of an organization may not be easy especially if the new chief executive does not fully understand the previous culture and therefore does not embrace it in the change. This lack of knowledge may result in an inappropriate culture being chosen that could limit
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Appointment to Chief Warrant Officer would not only fulfill a major career goal‚ it would provide me an opportunity use all of my knowledge‚ experience‚ and expertise to assist the C4IT community and the Coast Guard as we move forward in an extremely fluid and adaptive time in our service’s history. We are now in a time when technology has advanced from just tools for the job‚ to essential mission instruments heavily relied upon by our operators. The skill sets I have honed since graduating from
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