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Essays on accounting reform

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Sarbanes Oxley Act

8 pages (2000 words) , Download 1
The scandals such as Enron and world.com have given a new dimension to the corporate scandals in the history of United States. Due to the collapse of the Enron Corporation the notion of the off-balance financing or non-recognition of external funding on the financial statements of issuing company has gained much importance…
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Elements of Governance Reform

2 pages (500 words) , Download 1
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A paper "Elements of Governance Reform" claims that main intention behind formulating this Act was initially to strengthen the obligations for competence and integrity for public traded companies, it was the substantial effect on both profit-making companies and non-profit organizations…
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Enron and Conflict of Interest
11 pages (2750 words) , Download 2
The case study under the title "Enron and Conflict of Interest" demonstrates the analysis of Policy’s Efficacy. It shows that many business enterprises become successful and start venturing into practices that are devoid of the required market principles of trade…
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Sarbanes Oxley Act
3 pages (750 words) , Download 1
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Name: Instructor: Course: Date: Sarbanes Oxley Act The Sarbanes Oxley Act was an act that was passed by the Congress in the United States of America in 2002. It was signed into law on 30th July 2002 (Prentice 2). The act was passed with the sole aim of protecting investors from the risk of fraudulent accounting actions by corporations…
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Ethics in the Enron Company
3 pages (750 words) , Download 1
Ethics the Enron Way Introduction The collapse of Enron at the turn of the century stunned the world. Known as one of the biggest companies, not only in the United States, but in the entire world, Enron’s financial woes came without warning as the company had always maintained a facade of financial wealth and solidity…
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Financial Managment IP 1
3 pages (750 words) , Download 1
TOPIC: FINANCIAL MANAGEMENT IP 1 Report for a group of new stock brokers about the NYSE-Euronext and the NASDAQ.  A stock exchange is an institution where shares, debentures, bonds, treasury bills etc are traded by Public Companies…
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Accounting Ethics Case

2 pages (500 words) , Download 2
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The case of WorldCom came to light when the company was found to have overstated its earnings during its previous years by more than $72 billion dollars. The issue started to unfold when the company’s earnings and stock value were declining, thus putting pressure on it to…
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Sarbanes-Oxley Research
3 pages (750 words) , Download 1
Sarbanes-Oxley Research (Add (Add (Add Date) Sarbanes-Oxley Research The Sarbanes Oxley Act is a federal law of the Unites States. It intends to protect investors by enhancing the accuracy and authenticity of corporate disclosures…
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Leadership and Corporate Behavior

2 pages (500 words) , Download 1
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1) To take the first part of the question about how the teams might be predisposed towards unethical behavior, this usually happens when the team members and the manager have had a history of deviant behavior and are known to break rules. Hence, the best way to get the teams…
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Financial Management
2 pages (500 words) , Download 1
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The New York Stock Exchange Euronext (NYSE Euronext) is Euro-American Company that was formed as a result of a merger of the NYSE/New York, Euronext/Paris and NYSE Arca. This organization was launched on the 4th of April, 2007 and its headquarters are in New York and Paris. The…
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The Terrorists Deliberate Attack Weaken the Economy
5 pages (1298 words) , Download 1
The paper 'The Terrorist’s Deliberate Attack Weaken the Economy' presents the year 2001 onwards which proved to be one of the most difficult and trying years in the history of the USA. Prior to the September 11 World Trade Center bombing, the American economy has slowly been moving downhill…
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Public Policy And Administrative Communication
4 pages (1000 words) , Download 1
The paper "Public Policy And Administrative Communication" discusses the important role of the communication in the administration of every organization. It also gives information about the influence of the efficacy of performance on the administrative communication…
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Corporate Governance

10 pages (2500 words) , Download 1
The OECD (1999) further emphasizes that “corporate governance structure specifies the distribution of rights and responsibilities among different…
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Business Ethics: The Enron Scandal
10 pages (2500 words) , Download 3
The purpose of this paper is to consider a real-world example of an incident that can be used to study the significance of Business Ethics. The Enron Scandal influenced the ethics area of business to an extent where legislation had to be put into place in order to avoid repetition of such incidents …
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SOX Project
10 pages (2500 words) , Download 1
As also discussed in the essay, the SOX Act provides guidelines and standards with the aim of ascertaining that organizations are able to conduct operations…
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Ethics and Law in Business and Society. History and Implementation of SOX
12 pages (3000 words) , Download 1
Running Head: ETHICS AND LAW IN BUSINESS AND SOCIETY Topic: Ethics and Law in Business and Society Date: Introduction: With the coming into effect of the Public Company Accounting Reform and Investor Protection Act, the so-called Sarbanes Oxley Act (SOX) in the year 2002, the US corporate world was meant to radically change…
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Business Law and the Accounting Profession

5 pages (1250 words) , Download 1
Business is used as an instrument to accomplish one's vision. Its huge impact on the society may bring a positive or negative effect depending on how the individual practices it…
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Accounting Controversies

5 pages (1250 words) , Download 1
Enron has developed into becoming a part of America’s top ten companies in the span of nearly two decades. Their sudden rise to power seemed impossible to many industries in the financial world…
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Accounting and Audit Enforcement

5 pages (1250 words) , Download 1
The SOX act of 2002, an abbreviation of Sarbanes-Oxley Act, is an accountancy law that set new laws and enhanced standards for all public company boards within the United States, its management, as well as the firms in public accountancy…
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Subtle Issues in Revenue Recognition
6 pages (1500 words) , Download 1
The essay “Subtle Issues in Revenue Recognition” seeks to evaluate fraud detection and deterrence, which should be a required part of the accounting curriculum. Accounting education needs to teach future CPAs the skills to effectively meet the public’s expectations in the area of fraud…
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You Are an Entrepreneur
6 pages (1500 words) , Download 1
The first thing that is required for taking into consideration is developing a proper concept of food that mainly includes the steakhouse, seafood, casual dining…
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HealthSouth SOX Violations
5 pages (1250 words) , Download 1
The research paper “HealthSouth SOX Violations” seeks to evaluate SOX Regulations For-Profit and Not-For-Profit Health Care Organizations. The SOX protects against the occurrence of fraud malpractices at public corporations regardless of the industry…
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The Pressure of The Sarbanes Oxley Act
6 pages (1500 words) , Download 1
From the paper "The Pressure of The Sarbanes Oxley Act" it is clear that act provided a strong message from regulatory bodies to organizations around the country that the events like Tyco and others will not be allowed. The SOX act has established a set of comprehensive legal requirements…
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The Sarbanes-Oxley Act of 2002

5 pages (1250 words) , Download 1
A series of highly publicized accounting scandals, such as those involving Enron and WorldCom, generated such a fierce backlash that Congress felt compelled to draft legislation to prevent such scandals from recurring. This legislation is now known as the Sarbanes-Oxley Act of 2002 or the Public Company Accounting Reform and Investor Protection Act of 2002 (hereinafter referred to as the "Act")…
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Corporate Compliance Plan for Riordan Manufacturing, Inc
5 pages (1377 words) , Download 1
The paper contains an analysis of the case of Riordan Manufacturing, Inc. The company can expect to be successful once it complies with the Sarbanes – Oxley Act, 2002 and inculcates the enterprise risk management as proposed by COSCO within the system.  …
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Sarbanes-Oxley Act of 2002
5 pages (1250 words) , Download 2
As with almost every new piece of legislation, the Sarbanes-Oxley Act of 2002 was put forward as a means of correcting issues that had been understood to negatively impact the system as a whole. As a function of this particular analysis, the author will undertake to highlight…
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IT Security As Required By Sarbanes-Oxley
5 pages (1250 words) , Download 1
IT Security & Sarbanes-Oxley Act Course/Number Date I) Introduction Also known as the Corporate and Auditing Accountability and Responsibility Act [in the House], and the Public Company Accounting Reform and Investor Protection Act [in the Senate], the Sarbanes-Oxley Act 2002 came into being, following its enactment on July 30th, 2002…
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IT Security & Sarbanes-Oxley Act
5 pages (1250 words) , Download 1
The present term paper "IT Security & Sarbanes-Oxley Act" explores the law which derives its name from its sponsors, the then United States Senator Paul Sarbanes and Representative Michael Garver Oxley. Reportedly, Act is sometimes informally referred to as SOX or Sarbox…
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How a Bill Becomes a Law
5 pages (1250 words) , Download 2
Instructor November 7, 2011 How a Bill Really Becomes Law Introduction The United States Congress considers a number of bills at each meeting. However, some of these become law while others do not (Longley n.d.). The idea for a new law is referred to as a bill (West Virginia Legislature n.d.)…
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Compliance With Sarbanes Oxley Act for Companies in United States
8 pages (2000 words) , Download 1
The paper “Compliance with Sarbanes Oxley Act for companies in United States”  will take a closer look at the Sarbanes Oxley Act (SOX) of 2002 that was passed in United States following Enron, Tyco and other corporate scandals and will provide detailed analytical study of the Act itself…
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Enron Corporation Scandal
10 pages (2500 words) , Download 2
Enron Corporation Scandal Name University Enron Corporation was one of the most innovative corporations in the US through the 1990s. The company had maintained its standing in the corporate arena by innovatively creating a new economy rebel that questioned the old ways of the industries and their assets towards the unrestrictive e-commerce world…
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Individual Assignment
6 pages (1500 words) , Download 1
1.0 Definition and Purpose of Accounting Accounting is a systematic structure that serves as a presentation of the financial accounts and reports. It is the key component that drives and maintains each and every businesses and institutions where the flow of money is continuous and dynamic…
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IP 5 - Accounting

5 pages (1250 words) , Download 1
It boasts of recording enormous revenue of over 473 million dollars annually, hence its prestige (n.a, 2015). This report seeks to analyseWal-Mart’s financial…
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Commercial law

9 pages (2250 words) , Download 1
Such a system is characterised by a "shareholder" form of capitalism, which emphasises the corporation’s purpose of maximising shareholder…
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The Importance of Corporate Governance on Bank Risk Management
6 pages (1500 words) , Download 1
The main purpose of this study is to examine the importance of corporate governance on bank risk management. The author assesses a strategic policy, financial risks, the rules and the guidelines of a particular bank and bank risk management processes…
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Importance Of The Overall Audit Industry
9 pages (2250 words) , Download 2
The audit is the process of systematically examining and conforming to the books of accounts. The paper "Importance Of The Overall Audit Industry" discusses the different dimensions of auditing processes in big and small firms across the globe, with extensive focus given on the large companies…
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Hire purchase contracts and Lease in business and how they work
6 pages (1500 words) , Download 1
This research aims to evaluate and present the way in which leases are currently differentiated and accounted for; in accordance with SSAP 21. Accounting for hire purchase and lease agreements are dealt with in the provisions offered in SSAP 21 ‘accounting for hire purchase and leases contracts’ and IAS 17 leases…
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The Reputed Intercontinental Citibank
7 pages (1750 words) , Download 1
The main purpose of this study is to analyze Citibank, the evidence of bribe or corruption, company liable, socially responsible and accountable, the role of government play in regulating the marketplace and how extent can the company improve its corporate branding for a global perspective…
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Disclosure and Financial Reporting
9 pages (2250 words) , Download 1
Disclosure and Financial Reporting Introduction The activities of a company and stakeholders are published in the financial statements which are formed by financial reporting in the form of Balance sheet, Income statement, cash-flow statement and accompanying notes…
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Research Paper
5 pages (1250 words) , Download 1
With life getting increasingly busier and the world being reduced to a complex inter-networked village, the ability to get important work done while on the move is essential for seamless business…
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Corporate governance
11 pages (2750 words) , Download 2
It essentially involves considering the interests of a company’s stakeholders. These stakeholders include the management, shareholders, suppliers, customers,…
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Accounting systems and structure of China

12 pages (3000 words) , Download 2
Therefore, the understanding of Chinese background on social, political, legal and economic front is important to enable elaborate understanding Chinese…
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Week 6 Assignment

11 pages (2750 words) , Download 1
It is important that the workforce within the industry pay attention to ethical standards and provide high-quality financial reports. Professional ethics are a core concern in…
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International accounting

10 pages (2500 words) , Download 1
The old system did not have double entry and had two methods of calculating profits. It is only through internationalization that…
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Lobbying on Standard Setting in Accounting

8 pages (2000 words) , Download 3
The author of the paper analyzes the impacts of lobbying on the standard setting by FASB in accounting practices of the firms under the theoretical frameworks of economics and public welfare in relation to the accounting practices of the firms…
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Sarbanes Oxley Act and Independence Responsibility View
13 pages (3250 words) , Download 1
The Sarbanes Oxley Act was implemented on 30th of July 2002. This is a very important act which affects the public companies. Before the enactment of this act USA faced many corporate and accounting frauds and scandals as a result investors lost a huge amount of money. …
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The Enron Scandal, and a Look at the Accounting Practices that Permitted it to Happen

14 pages (3090 words)
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"The Enron Scandal, and a Look at the Accounting Practices that Permitted it to Happen" paper focuses on the collapse of Enron represented the largest failure of a publicly-traded company in the US, with the foundation of the fall resting squarely on fraud, and deception in its accounting practices…
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Financial crises and Fair Value Accounting (Historical cost,deprival value and replacement cost)

9 pages (2250 words) , Download 1
Prior to the financial crisis, the Fair Value Accounting method was adopted as a main part of the financial accounting reform process by the FASB and the IASB due to the evaluated benefits of the fair value accounting methods over other accounting methods like historical cost,…
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What Companies Can Learn From The Enron Case and The Impact of the Enron Case
10 pages (2500 words) , Download 1
Soaring rates of compensation is also the other noteworthy cause responsible for the downfall of Enron Corporation. Along with these, defects in the system of management is also liable for the downfall of Enron…
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Choose a federal law
15 pages (3750 words) , Download 1
Sarbanes- Oxley Act of 2002 (SOX) which is also referred to as Public Company Accounting Reform and Investor Protection Act, refers to the US federal law that aims at enhancing performance and standards for all United States public companies boards, accounting firms and…
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