Generational accounting

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    Bernard owed $400 million in margin calls. And he convinced the board to lend him that money, so that he wouldn’t have to give up important blocks of the stock that he owned. He also started an aggressive campaign to prop up stock price, by creating accounting entries. Bernard was very good at keeping his actions hidden, because it took them a while before they caught him. When they caught Ebbers in his…

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    United Bank Fraud Essay

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    I file this complaint against United Bank 129 Main Street, Beckley, West Virginia. United Bank facilitated a lengthy fraud-for-profit scheme. Former United Bank Vice President Michael Farris, United Title employees, United Bank’s escrow attorney James Sheatsley, United Bank Vice President Larry Conway, and other United Bank employees took part in the criminal enterprise. In addition, Zaferatos Appraisal, United Bank’s exclusive appraiser, performed inflated appraisals in all properties used in…

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    After Healthsouth Essay

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    compared to those of Wall Street and if they did not meet the expectations, Scrushy would order the company’s management to adjust the earnings in order to meet them. This was done quarterly by the senior officers. Because of the poor management, the accounting department were given the entries without knowledge and then fixed. If the CEO was allowing the management to do this, the employees should have gone to another manager or CEO to speak to them about the issue that is going on. It is very…

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    Pensacola Beach Fieldwork

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    Proposed Methods The fieldwork for this study will be conducted along the Gulf Coast region in the state of Florida, otherwise known as the panhandle, which contains Pensacola Beach. The group will break up Pensacola Beach into four sections: 1) Casino Beach, 2) Avenida 18, 3) Portofino Beach, and 4) parking lot H (figure 1). The reason why Pensacola Beach was broken into four parts is to the parts which are Casino Beach and Portofino Beach are more tourest-based whereas, Avenida 18 and…

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    Due to the 150,000-brochure printing capacity, the special order from Abbie Jenkins should not be accepted. Fineprint would see a $250 savings due to the absence of a sales commission expense. The sales commission does not cover the loss of income from selling the brochures at $10 per 100 brochures instead of the usual $17. Fineprint Company is set up to lose $1,750 if they accepted the offer and $1,500 net, creating a negative variance. It should also consider the opportunity cost and…

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    Phar-Mor Inc. was one of the largest super discount drugstores in the early 1980’S.The Company was a complete success with over 300 discount super stores across the United States and employing thousands of workers. The company’s first signs of financial difficulty became obvious in 1988 as speculation increased about Phar-Mor’s decreasing profit margins. The fraud team consisted of several former auditors, including auditors who had worked for Coopers & Lybrand on prior Phar-Mor audits. The…

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    Jp Morgan Chase Essay

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    JPMorgan Chase & Co. is a financial services firm and banking institution headquartered in New York City. Under the Chase brand, the company offers credit card services, retail banking, and commercial banking. Under the J. P. Morgan brand, the company offers treasury services, private banking, private wealth management, asset management, and investment banking. Over 12,000 companies have been absorbed over the years into what is now JPMorgan Chase & Co., the oldest being The Bank of The…

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    Case Analysis: Political Micro-Targeting Operational decision-making systems are structured, common and are used day to day. Managerial decision-making systems are semistructured and are used when established processes aren’t present and changes may need to be made. Strategic decision-making systems are unstructured, uncommon, and are used to develop and support long-term business strategies. Obama’s campaign team used all three primary decision-making systems to help secure vites from swing…

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    Madoff Scandal

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    I deeply feel that if people, in general, moved their emphasis on the casualties that were most in requiring it would most certainly influence the scandals result. In my opinion, organizations that are corrupted by scandal experience the stigma effects of shame a similar way people do. The Stigmatized associations may be disparaged in the media, have their magnanimous endowments rejected, and encounter a mass movement of capacity. The Securities and Exchange Commission said the trick went into…

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    The ten-year period of history between 1950 and today that I am going to research for my final project is the 2000’s. This period of history interests me because so many things took place from 2000 to 2010. I was very young during this time period, and I remember hearing my parents talking a lot about what was going on during this time. It makes me want to go back and do the research myself to see what happened and what they were talking about. Some major economic events that took place during…

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