Internal jugular vein

Madoff was just beginning. In April 2004, a NERO investment management examiner had been conducting a routine examination of an unrelated registrant when it discovered internal e-mails from November and December 2003 that raised questions about whether Madoff was involved in illegal activity involving managed accounts. These internal e-mails described the red flags the registrant's employees identified while performing due diligence using widely available information on their Madoff investment.…

COMPLAINCE WITH RULES AND REGULATIONS The duties performed by the AC are essential in evaluating effectiveness. The Treadway Commission Report requested for a written charter for every AC outlining their duties and responsibilities. It is expected that detailed charters should be prepared so as to assist ACs in carrying out their duties effectively. The Treadway Commission Report stated that such a charter would ensure that committee members were aware of their duties and responsibilities and…

The SEC’s Dodd-Frank whistleblower program is getting a lot of attention now that the agency is announcing substantial rewards given for information. The SEC does not disclose the name of the company involved, nor the name of the whistleblower who received the reward, however, people still worry about maintaining their anonymity. While the whistleblower program has strong protections against retaliation, such as an employer firing an employee who gave the SEC a tip, there's no protection against…

1. The researcher did not contemplate the time frame for which the persons were depressed and the method of sampling was not applicable. It suggests that the participants were already willing to change. 2. Internal validity is the estimated fact about implications regarding cause-effect. It is only pertinent in studies that try to establish a causal relationship (KnowledgeBase, 2006). External validity is the degree to which the results of a study can be generalized to other situations and…

On June 23, 2015, the Automobile Burglary & Theft Prevention Authority (ABTPA) Board of Directors approved the FY 2016 grant award amounts (see Attached Award List). As announced in the Board meeting e-Grants will not be used in FY16. The process will be as follows: 1) Group Teleconferences (June) – We will give Applicants receiving awards general instructions in a series of three teleconferences. ABTPA will provide the steps to execute an award. We will review three core areas of the…

Nationwide Title Clearing Moves to Streamline Service Delivery Property records are a key component in ensuring clear title conveyance. In a tactical move aimed at curbing the growing problem of title defects, Nationwide Tile Clearing, Inc (NTC) will release property reports online. According to National Mortgage News, the problem of title defects is a major issue in the real estate market. The issue continues to cause unwarranted cases of foreclosures and hinder secondary market asset…

Whenever your employees clock in and out of work using the outdated time card system, there's the potential for stolen time. Because anyone can clock in and out of work without real identification taking place, the system has a lot of potential for being abused. In fact, time theft will occur in the workplace at least on some level because of the ease that it takes place. With the fingerprint clock from MinuteHound, buddy punching becomes a problem of the past! Because no one in the world has…

According to the 6th Consumer Bill of Right people have a reasonable right to limit the personal data that companies will collect and retain. Companies should only collect and keep the amount of data needed to complete the transaction the data was given for. There is no reason for a medical insurance company to gather and keep information about someone’s financial situation for long periods of time or at all. There is a large risk of keeping more data than needed for longer than necessary. The…

Financial specialists have customarily relied upon the stone strong notoriety of examining firms. These autonomous companies were — and the companies that until now are with us — accused of fundamentally looking into the records and the accounting books of their customer partnerships and rendering assessments about the dependability of those records. That was not the same any more, notwithstanding, because of Enron and their auditing company, Arthur Andersen. Till the revelation of Arthur…

and regulators of the audits of corporations by public accounting firms. Section 102 mandates that the accounting firms auditing public companies register with the PCAOB. Section103 require audit firms to describe the scope of testing of issuers’ internal control structure. The authors further enlighten in Section 104 that the PCAOB will conduct inspections— either annually or every three years (for firms that audit fewer than 100 issuers) of registered public accounting firms and publicly…