Internal audit

5. The next day, Wilson asked Rifkin if he should refer Complainant to him directly. Rifkin didn’t want that either “no, we definitely don’t want to get the Legal Department in the middle of this.” If the “alleged incident” didn’t happen at RHD or during work hours, “there is nothing we can or should do legally.” Wilson wrote back on June 24 at 9:11 am, even more confused. Rifkin replied at 9:26 am, telling Wilson that he was not to investigate the incident. “I didn’t want to imply that you need…

36. a) Yes, because even though Peterman only provided Fogelman with a contract of agency that allowed him to sell the home, it can be inferred that he is also allowed to sell the piano that was still in the home. It does not have to be explicitly stated in the contract of agency. b) Yes, because it would be reasonable for a third party to assume that Fogelman is allowed to sell the piano that was still in the home, in which Peterman gave him the right to sell through a contract of agency.…

some which included calls with Alecia Swasy (Boatright, 2011, p.50). Swacy had published two stories regarding troubles within P&G that angered CEO Edward Artz. One article involved the executive vice president B. Jurgen Hintz’s resignation due to internal problems with the company. The second article involved the selling of product lines by P&G. Swacy believed Artz was giving false information regarding Hintz resignation and giving the correct information to other news outlets to tarnish Wall…

This article discussed how any archaeologist can treat house-floor assemblages at any site like the Pompeii systemic inventories. Schiffer points out that archaeologists need to make a difference on how they decide to deal with cultural artifacts that were found in archaeological sites. Schiffer’s point was to establish why there are many reasons why an artifact might be found where it is. He also wants to demonstrate and explain why de facto assemblages are depleting. Michael Schiffer states…

Hobby Lobby, the arts-and-crafts store operated by a Christian family which gained most of its publicity from a religious freedom case at the Supreme Court in 2014, has recently been gaining media attention once again — but this time, under accusations of smuggling biblical artifacts. The company came under fire when the U.S. Department of Justice found that it broke federal laws when it purchased and brought to America artifacts including clay bullae, cuneiform tablets, and cuneiform bricks…

AggiePride Nationwide, assistant chief accountant at Martin Company, is trying to prepare a trial balance so that the quarterly financial statements can be prepared and released to management and regulatory agencies. Agg-ie noticed that the total credits on the trial balance exceeded the debits by $1,000. She added the amount of the difference in the Equipment account, the largest account percentage-wise, in order to force the debits and credits to balance. She assumes that her actions of…

process not just the procedural approach. This also supports the FRC Guidance on Risk Management, Internal Control and Related Financial and Business Reporting (previously known as The Turnbull guidance) and reference to the fact that boards should established the tone to exercise its responsibilities. (FRC, 2014b) There are various challenges to the board in discharging its duties around risk and internal controls in that Non-Executive Directors have in our nature a less detailed awareness of…

JPMorgan Chase & Co is a worldwide enterprise in banking and financial services, headquartered in New York City. They operate in more than 100 countries and employ about 235,000 people. They specialize in market, treasury and investor services, as well as investment, management, and private banking. The corporation takes the time to focus on employee benefits, offering insurance for vision, dental and healthcare and providing savings and employee stock purchase plan. In 2015, JPMorgan Chase…

Library Objectives The Objective of the university library is to provide books, periodicals, and other instructional materials to support the academic of the University. To carry out this objectives entail certain functions as follows. 1. Acquisition of Materials. Proper selection and acquisition of varied types of materials (books, periodicals, pamphlets, maps and other materials) needed to support the curriculum. 2. Making Materials Available. The role of the library is not to…

Pride Goeth Before Destruction Enron, the quintessential company of the 1990’s, is infamous for its rise and more so for its fall. It’s bankruptcy and dissolution in 2001 was the largest in US corporate history to date when it occurred (Ferrell, Fraedrich, & Ferrell 487). The downfall of the company was brought about by shady accounting practices, a cutthroat company culture, a do-what-it-takes mantra. Ultimately, the prideful and greedy natures of the executives at the helm lead to the…