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Essays 511 - 540

Fraudulent Accounting Procedures at WorldCom and Enron

as CEO and Chairman on February 4, 2002; Jeffrey K. Skilling, former CEO and Director; Andrew S. Fastow, former chief financial of...

Accounting at Three Companies

seen with the balance sheets. The figures for former years of 2002 and 2001 in the Microsoft figures may vary from the last report...

Krispy Kreme and Ethical Accounting Practices

and give an appearance of a sounder and more asset backed company. The first is with the repurchase of some franchises, for a pric...

Gospel Accounts of Jesus's Anointing

a beautiful thing to me. The poor you will always have with you, but you will not always have me" (Matt. 26:10-11). Jesus goes on ...

FedEx Cash Flow Assessment

location where the material is needed, saving the cost of shipping heavy boxes. Table 1. FedEx Cash Flow 2003 - 2005...

UPS and FedEx Cash Flow Assessments

printed at a Kinkos location where the material is needed, saving the cost of shipping heavy boxes. Table 1. FedEx Cash...

Making Financial Decisions and Accounting Ethics

According to Ruin (1997), establishing proper ethical guidelines - and therefore appropriate corporate social responsibility - mus...

2004 and 2005 Tesco and Sainsbury's Financial Performance

are in millions and the currency is Stirling. 2. Financial Performance. 2.1 Gross Profit Margin The gross profit is the profit ...

Pricing and Channel Development

a profitability of 5.35 percent, exceeding targets on both measures. Concepts This simulation demonstrates the critical poi...

An Accrual Accounting Examination

management as well as stakeholders. It may also be argued where there are fixed assets accruals accounting will result in a more e...

Life in Mount Sinai, New York

Sinai, New York. It seems that members of the community treat us well. Do they treat people who are different less well? In gener...

Service Added Based Differentiation Marketing Simulation III

Deming (1986) was adamant that the customer should occupy the final station on the assembly line, the position traditionally reser...

Swimming Pool Business Results Enhancement

service companies to provide all labor for care. EPC adds chemicals, but the case does not state whether it adds chemicals provid...

Consequences of the Sarbanes Oxley Act

long-term ramifications of the Act will be (as its still so new), some of the literature on Sarbanes-Oxley has made some predictio...

Profit and Measuring Business Profitability

other ratios that can be used. These allow for comparison so that like companies can be measured against each other. Measures th...

Management and Financial Accounting

Investors can make informed decisions only when the information they have is full and accurate; the implications of sloppy or frau...

The Aftermath of the Arthur Andersen Scandal

Chicago to suggest to Houstons firm partners that it was fine to shred documents and delete any e-mails related to the Enron case ...

Ethics and Management Accounting

Arcticview -- an Overview This particular case study was presented by management accountant Grant Russell in a 1996 editio...

Life Effects of Insulin

would die, and that is frightening. Yet, I think of the many diseases and medical interventions available in a general sense. I re...

U.S. Early Retirement

is always Social Security (2004). Of course, that system is in crisis and that must be considered. There is no guarantee that Soc...

Cuban Missile Crisis and Conflict Between Canada and the United States

course, had definitely heard of us. Unfortunately, a significant portion of their actions during this crisis was structured aroun...

Accounting and Financials As They Involve Islamic Banking

For the most part, Islamic practices when it comes to money dont adapt themselves very well to more Anglo methods of accounting or...

Silent and Shadow Accounts and Tesco

still an internal publication and may suffer from the same bias. It shadow accounts have the potential of addressing the asymmetry...

Benefits of Microsoft Excel

that number-crunchers have come to rely on" (p.29). The one main advantage of Excel, according to many experts (not to men...

Ethics and Financial Reporting

organizations that oversee accounting and its reporting are the Securities and Exchange Commission (SEC), the Financial Accounting...

Global Accounting Standards and Politics

also brings us to the argument of without international support of governments the IASB measures may not be as readily taken up an...

George Linderman The World Within War

God, and the nation represented. Linderman tells the story of this unique group of men in an understandable order from ant...

Case Study of Exmouth PLC

1,021.50 cost of sales (b) 925.2 855.3 Gross profit (a - b) (c) 123.10 166.20 Gross profit margin (%) (c/a x 100) 11.74 16.27 Th...

Problems of Accounting and Finance

substantial portion of the target companys business" (Trelease, Meehan and Storum, 2002; p. 23). The case does not state what por...

International Accounting Convergence; IFRS and US GAAP

rely on information flow and also trust. Annual accounts are a major tool used by potential investors to assess an investment. Alt...