Financial Industry Regulatory Authority

Marketplace – Enterprise Innovation Deal Flow (2014). Growth of Islamic Banking The global Islamic finance industry reached approximately US$1.9 trillion in assets as at the end of first half of 2014. The industry’s assets have grown at sustained double digit compounded annual growth rate of 16.94% in the last five years (2009-2013). Islamic banking and sukuk sectors continue to dominate the industry, with respective 80% (US$1.53 trillion – estimated) and 15% (US$286.4 billion) shares in…

This approach emphasises on structures, relationships, and processes of IT organization to be used toward development and control of IT/IS resources internally (Korac-Kakabadse, 2001). This field concerns with the adoption of best practice of IT function, providing an extensive predefined process and a more uncompromising, transparent framework, referring to a set of processes that management must do (Korhonen et.al., 2009). Researchers who study IT governance as a compliance process would…

As the world has become smaller, not the actual size but as countries become more and more connected through globalisation there are many advantages and disadvantages that arise. As a starting point I will name just a few advantages and disadvantages. One advantage can be seen as that many country’s exports and imports have become easier to transport which means the production of goods and rendering of services has become more efficient which means the end product will be cheaper to purchase for…

on unions for decades. Anti-union sentiment in the South kept wages low for decades, but also acted as a catalyst for development later when industries moved there from the North and Midwest because of lower costs. Employers resisted integrating textile mills; when they were forced to do so by the Civil Rights Act of 1964, many jobs in the textile industry were already moving overseas, a trend that accelerated in the 1980s. References Brecher, J. (1997). Strike! (Rev. and updated…

Keynesianism on economic sustainable development Keynesians examine the relationship between money, unemployment and prices. The main idea is the fact that the amount of money that people were saving was more than which was being invested. Keynesians argue that this can happen when the interest rates on savings are high and people will want to make more money from their savings. However, this leads to rising rates of unemployment, because people do not want to spend much of what they earn from…

especially when having the trust of handling someone’s life savings, being transparent is one of the best ways to progress business for everyone involved. “Integrity” is probably the most important value USAA brings to its members, having so much authority over someone’s finances you have to have integrity, customers need to be able to trust you that you will always have their best interest at heart, this is essential for company…

The actual procedure of making an expansion into a foreign country is of a huge cost to the firm attempting to do so. There are many financial costs to consider, such as the construction of facilities, acquisition of permits, e.t.c. Another perceived disadvantage to the company attempting to establish is that new rules, regulations, and laws which apply to the hosting country must be learned…

going to conduct thorough investigations into the financial aspects of the Enron debacle. Mr. Duncon had started a massive shredding program which consisted of all documents and papers related to Enron were destroyed. This was done in order to cover up and evidence they have left behind of false filing. It seemed that executives at Arthur Anderson and Enron did not originally set out to have a positive impact on the accounting industry or any industry. They set out to make as much money for…

maintaining the registered status and changing the nature of the firm to comply with PCAOB rules. Here is the fee structure from their website: - Inspection - The PCAOB operates a system of inspections and publicizes the results, per its authority under the SOX Act: - The Act provides that an inspection shall include at least the following three general components: • An inspection and review of selected audit and review engagements of the firm, performed at various offices and by…

This is a white-collar crime. Madoff started by manipulating his cash flow stream to make his company seem more valuable that it actually was. Secondly, his company’s financial records were never made public and it was never questioned. Thirdly, he lied to the investors and told them that their savings were in safe hands and that they would receive high returns. Lastly, the ethical issue of bribery would have been involved…