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WorldCom was a large telecom company in the United States that enjoyed an almost meteoric rise during the 1990s but later ran into trouble in the early 2000s, particularly 2001 was difficult. This case gives future generations of accountants the opportunity to study the largest…
Introduction Recent corporate financial accounting scandals like WorldCom, Global Crossing, Tyco, Enron and many others have increased concerns about fraud globally, cost shareholders billions of dollars in value, and led to the corrosion of investor confidence in financial markets Peterson and Buckhoff (2004); Hogan, Rezaee,…
“A dream does not become reality through magic; it takes sweat, determination and hard work”-Colin Luther Powel Throughout my life, I have dreams that push me to do my best and make me feel to do more. My journey began with getting a gold medal…
There are many languages in the world, but one language can be recognised by all and that is the language of digits. From time to money everything is the game of numbers and digits. Throughout my study years I have been attracted to numbers. Not…
Company’s Overview AMAC was formed in 2006. It is engaged in the services, supplies, distribution and marketing of petroleum & petrochemical products. It has expertise in fuel and lubricants industry. Being in the business since last ten years and having worked for market leaders like…
Starting my A level in economics by learning things such as the power of money and how the government tries to control the actions of people through fiscal changes, sparked a sudden interest to me regarding the world of finance. Not only was it a…
Many businesses around the world fail to realize the importance of working with accounting services Dubai. As a matter of fact, many owners want to take a more engaged and hands-on approach, leading them to neglect the role these professionals play in their company. However,…
Coming from a family of Accounting and Finance professionals, I have learned early in life the importance of money management, as well as maintaining a well-balanced life; thus I believe that ‘Life itself is like accounting, everything must be balanced’. From a young age, I…
The title of the job that I choose is Junior Accountant in the APP Group for brands like Mackage and Soia&Kyo. This job attracted my attention because it is an entry-level job, so at this stage, I can start my career with a possibility to…
While Dubious Chips, Inc does some things correctly, the company is also doing many things wrong which is opening them up to risk. To begin, only three IT internal auditors are responsible for the internal audit of their global operations. It does not seem feasible…
The results of these studies contrasted more recent studies in terms of its effects on economic growth. I will be investigating several research papers, as well as analysis economic indicators and various other sources, in order to determine whether or not South Africa is heading…
Strategic management accounting (SMA) is the gathering and analysis of the financial and nonfinancial information of a company and its competitors to develop that organization’s corporate strategy. It is not shocking that the concentrate of the SMA mirrors the characteristics recognized as significant in strategic…
Jensen (1986) provided the first inkling to agency theory and his discussions about this topic has brought about many fundamental issues in research literature one of which is the free cash flow hypothesis. Jensen (1986) defined free cash flows as the net cash flows in…
This study will focus on the factors that influence emergence, development and growth of derivatives market in Kenya. The research objectives and research hypotheses set out based on Nairobi securities exchange. Descriptive research design will used in the study. The population census will be drawn…
Introduction There is a saying that internships are the investments for future. It is such an investment whose fruits starts coming to hands right after being exposed to the fast paced real business world. Internships help more to get an insight about the career path…
Introduction Tide, Old Spice, Crest, Ivory, Swiffer. The chances are that most consumers in the United States and the rest of the Western world have heard of these brands, and associate them with specific types of products. Procter & Gamble is one of the leading…
Introduction The Bureau of Labour Statistics reports that explosions and fires were responsible for about 3 percent of workplace fatalities in the United States. Uncontrolled fires impose significant impacts on organizations every year by causing damage to property, loss of life, injury and lost trust…
The board of Tetra Pak Inc has recently decided that in order to comply with principles set forth by GAAP that it is in the best interest of the company to hire external auditors to conduct an annual audit. The purpose of this audit is…
Effectiveness of the System of Audit and Corporate The audit committees in the recent past have become a mechanism that is common for corporate governance internationally. Corporate governance is the process in which the director of a particular company ensures that the company is running…
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