Employee Retirement Income Security Act

CEO Ken Lay and Jeff Skilling were found guilty on 19 counts of security and wire fraud Skilling was sentenced to 24 years in prison and fines over several millions of dollars. Lay was waiting sentencing and suddenly died of a heart attack while on a skiing trip. When they forced a void and all charges would be dropped…

for this country, and after the soldiers come back, they are left out to dry. “The unemployment rate of post 9/11 veterans, which also includes Gulf War veterans is at 6.2%” (11 Facts…Veterans). Those numbers do not say anything positive about job security for out honored veterans. The adult homeless population is filled with veterans, 12% are homeless veterans. “70% of homeless veterans suffer from substance abuse, while 50% experience mental health issues such as post-traumatic stress disorder…

Individuals working in restaurants, in particular fast food, often vary in age and level of education. Some employees are seasonal, such as students returning from college. Therefore, businesses must work to reduce employee turnover. It is estimated the average cost of replacing one employee lost to turnover is nearly $3,000 (Loria, 2014). By utilizing organizational behavioral theories and their respective models, such as Victor Vroom’s Expectancy Theory, Dr. Edwin Locke’s Goal-setting Theory,…

INTRODUCTION Taxation can be defined as act of legal authorities of imposition of tax on commercial and non-commercial transactions. Individuals and business entities are liable to pay tax charges for the profit or benefit earned by them through operational activities in timely manner. Tax is levied in UK on the basis of statutory norms described by HMRC. Taxes is payable in UK at minimum three different level i.e. central government, local government and devolved national government (Citron,…

through the language is when Willy explains to Linda why he can’t work in New York instead of New England. In ‘Death of a Salesman’ when explaining to Linda Willy says “They don’t need me in New York. I’m the New England man. I’m Vital in New England” (Act I. line 24). This quote shows Willy’s lack of awareness of reality because he believes that he is vital to the company, but in reality the company is vital to him and his reassurance of himself. The company doesn’t ‘need’ Willy in New England,…

Some say that college is a waste of money, a waste of time, and a waste of effort; others completely disagree. The question “Is college worth the cost?” acts as a frequently debated topic, one to which most people already have a predetermined answer to. The rise of college enrollments and the decline of high school dropouts shows a norm in the United States. Since a college diploma is now seen as the only entry ticket for essentially any good job, college is undoubtedly worth the cost. In order…

clear link between productivity and employee satisfaction; and in 1943, Abraham Maslow published his research on motivation, describing a hierarchy of needs. All of this significantly challenged the practice of regarding employees as merely factors of production. The changes manifested as a spate of labor legislations such as the Equal Pay Act (1963), the Civil Rights Act (1964), Occupational Safety and Health Act (1970), and the Employee Retirement Income Security Act (1974). The need to comply…

If it supports you well, you will build economic security for yourself and your family and make meaningful contributions to the world. This network has changed dramatically in the past several decades as women have entered the workforce, as workweeks and working years have expanded, as technology has changed…

There are mainly two types of fraud: management fraud and employee fraud. Management fraud is the misstating of financial information or ‘fraudulent financial reporting’. An example of management fraud is management of EGOLI granting the external auditor’s false financial information to prevent the detection of possible losses experienced by the entity, for instance. There are four types of employee fraud: embezzlement, internal theft, payoffs and kickbacks and skimming. Embezzlement…

liabilities are disclosed where there is a possible obligation or a present obligation that may , but probably will not , require outflow resources. 11. Expenses on issue and premium on redemption of securities: Expenses on issue of shares and debenture and premium on redemption of debentures are charged to Securities Premium Account.  Inventory valuation method:  Inventory includes raw material, finished goods, work in progress etc. it is one of the most significant assets of the business…