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Post WorldCom and Enron International Accounting Standards

a result of ending some of the companys more obscure partnerships (Leonard, 2001). And, it was these partnerships that severely h...

Proposed Acquisitions Accounting

appears this has been assessed at 1.2 million, if the figures give above are in thousands, which appears to be the case (the stud...

Issues Permeating the 2004 Presidential Candidates

prescription drugs, I would choose Grandma every time" (Wise, 2002). Howard Dean mirrors Sharptons opinion that President is doin...

Small Business Computer System Implementation

for a fast move as the company was able to cope. The desire to grow the catalogue sales has meant that Binder has put into place ...

Employers and Employees and Financial Accounting Information

private company there may be a high level of power but this may also act against the company if the figures or performance is not ...

Allocation of Expenses in Not For Profit Organizations (NPOs)

activities are operations such as administration, fundraisings, the development of memberships and operations that are not the del...

Asian Economic Crisis of the 1990s and its Causes

in the way it was controlled. The actual value was pegged to a basket of currencies. However, in reality there was a closer link t...

Analysis of the 2002 Sarbanes Oxley Act

included in this Act is criminal provisions that aimed at preserving evidence of fraud (Leahy, 2003). This means that CPAs and aud...

Robert F. Kennedy's 13 Days Memoir of the Cuban Missile Crisis

saw a moment in time when the world may well have seen utter chaos with the dropping of nuclear weapons. Chapter One begins thi...

Pros and Cons of International Accounting Standards

* Better integrate pricing, financial reporting, earnings analysis, forecasting, and risk management (Duran et al., 2003). From...

Character of Jo in Charles Dickens' Bleak House

after several of the detectives he knew from the local department. Dickens routinely, then, chooses those who are the most...

An Ernst and Young Organizational Analysis

were rumors of collapse and in fact, the following year, the payroll was cut and some partners even had to go ("Ernst," 2002). In...

Management Accounting and the Source of Error Represented by Fixed Costs

to date figures on a daily or weekly basis form which they can monitor a companies performance, control costs and the bank account...

Corporate Accounts and Ratios and the Effects of Share Option Schemes

of the accounting that produce the ratios the employees who do not have a direct impact will be considered first, and the director...

Management Accounting and Errors Caused by Fixed Costs

may be seen in the way costs are calculated, this may be by absorption costing, marginal costing or activity based costing. In all...

Cost Structure and the Airline Industry

In this way the more operating leverage an airline has, the greater its business risk will be. Despite the fact that many analyst...

How Contemporaries Depicted Hernan Cortes and Christopher Columbus

The first impression that we get is that Cortes is a determined and logical man. He attempts this journey, and has to overcome...

Special Purpose Entities and Accounting at Enron

This approach was legal and acceptable under FASB rules at the time. The Enron-specific problem arose when Enron did not consolid...

Appropariate Guidance and Standards for the Consolidation of Special Purpose Entities and FASB

does believe that: "most SPEs serve valid business purposes, such as isolating assets or activities to protect the interests of c...

Forecasting Sales Using Regression Analysis

The company must identify factors that have the ability to have a significant impact on monthly sales of Treat. Some of those...

Career Opportunities in Accounting and Auditing

and tax senior (AICPA (b), 2002). Corporate accounting, in the meantime, includes management accounting, financial accounting and ...

Offshore Pension Plan Investment

The Dow nearly crossed into 3,000 territory long enough to close there on several occasions prior to the Gulf War in 1991 and fina...

Comparing Nike to Manchester United

what the actual value of the company is and deduct the physical asset. This can then be considered in terms of the actual amount, ...

Corporate Systems of Budgetary Control

to a corporation, it would first be helpful to define what, precisely is involved in budgetary control systems. First of all, a bu...

Accounting Techniques Used inWorldCom's Acquisitions and Mergers

international services as part of WorldCom Inc which operates over countless seamless networks. In regards to revenues and traffic...

UK Accounting Standards on Short and Long Term Cable and Wireless

top 41.89 from 43.73%. The return on assets fell from 16.6% to 12.12%. Return on equity also showed a fall, from 44.15% to 18.79%....

Early American History and Free African Americans

my opinion, yet I consider our condition but little better than that....After all, methinks there are no chains so galling as thos...

Corporate Governance Issue Examined

effect to such things, and these situations are no different. When people lose jobs, families suffer, economies suffer, communiti...

Enron's Failure and its Reasons

accounting system it may be argued that a collapse in the style of Enron is much more unlikely due to very different accounting en...

Could the UK Realize a Similar Enron Disaster?

problems were already apparent. In the annual accounts, debts had been understated and profits had been overstated to the amount o...