Total internal reflection

The SOX act was a rule that was passed by Congress in 2002 in the aims of protecting the investors from any fraudulent activities. According to the act, there was the enactment of strict reforms in order to improve the financial disclosures that occurred within any business and also to protect corporations and aid in the prevention of accounting fraud. The SOX has been effective. It had aided in increasing the audit commitment involvement. In the past, board seats were considered to bring…

The financial responsibility of a nonprofit governing board includes its ability to achieve the organization’s mission over time. How does the board and CEO/executive director address each of the following? • Oversight by state and federal regulators; • Identifying and managing financial risk; • Management of finances and fiduciary oversight; • Communicating financial transparency. The Board’s approach: • Oversight by state and federal regulators; When there is an evident oversight in the…

Let’s assume you have met a new friend who is quite successful, and the reason for the success is trading in penny stock exchange. Now, you have started raising questions on what the hell is penny stock. Here is the answer – it refers to all those stocks that are traded at less than $5 per share. May be you’ve been involved in it, only that you were not aware. Penny stocks are hard to find in the typical stock exchange markets such as NYSE, NASDAQ, and AMEX. Due to this reason, parties…

It was also recorded that in 2004 and 2005 that the examinations that were conducted sufficient evidence was found to determine suspicious, however once again there was total disregard. It was suggested in the OI C report that lack of training and experience kept the SEC from pursing an investigation. The relatively inexperienced Enforcement staff failed to appreciate the significance of the analysis in the complaint, and almost immediately expressed skepticism and disbelief. Most of their…

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…