Essays on Filings

In any type of company, one of the significant challenges for leadership is connecting industry knowledge and business analytics. Bartlett (2013) observes that these two components serve as the primary sources of information for decision makers. Managers generally hold much insight and wisdom in their accumulated experience, but unfortunately, any gaps in the facts are commonly filled with opinions (Bartlett, 2013). Instead of relying on subjective sources, leaders can utilize business analytics to validate new ideas and test industry beliefs (Bartlett, 2013). A starting point for effective business analytics is to recognize that data and information are not ends ...

In the court systems, various felonies are penalized following the court's guidelines. There are a variety of particulars that go into a sentencing pronouncement. An individual who commits a financial fraud may go to jail for a longer period, compared to someone who commits murder, as is the case of Bernard Madoff, who went to jail for 150 years for committing financial crime and Karla Homolka was sentenced to 12 years in prison for murder. It is, however, clear that an extensive range of verdicts are not necessarily rational to the victims or the scam culprits. This paper looks ...

Mergers and acquisitions are business strategies taken by companies, that involve either merging two companies or operating them together or a company taking over operations of another company. Multinational corporations tend to acquire full ownership or a certain percentage of a company’s operations to incorporate others services within its objectives and to some extent, it can be seen as a business move to reduce speculated competition. This step is essentially used to improve the financial performance of the company and to lessen the risk that the corporation is likely to face. Mergers are common in many areas of ...

Apple is the world’s largest multinational technology company. Apple specializes in the designing, developing of electronics and software. Apple began in 1976 selling Mac computers. Today, it has thousands of products and has a large legal department to handle its intellectual property. A copyright is a protection afforded to authors of original works that can be obtained from the government. These original works may include music, art, drama, books or other writings, among other works. The work does not have to be published in order to obtain a copyright. Apple has copyrights for many of its designs and ...

Accounting Standard followed by the company:

i) General Mills Inc:

General Mills Inc, for the purpose of its financial reporting, follows Generally Accepted Accounting Principle(GAAP).

ii) Meiji Holdings: The company, for the purpose of the financial reporting and also for its subsidiaries, follows Generally Accepted Accounting Principle(GAAP). The company declares that the accounting standards are different from International Financial Reporting Standard(IFRS).

Accounting Standard followed by the auditors:

i)General Mills Inc: The financial statements of the company are audited by KPMG LLP, which are the external auditors of the company. The external auditors have used standards of Public Company Accounting Oversight Board(United States). The standards obligates the auditors to ensure that all the financial statements of the company are free from any material ...

Introduction

There are many resemblances that can be observed in magnetic and electric phenomena. A magnet comprised of north and south poles which are opposite to each other. The opposite poles attract and likewise repel each other. A magnet has principle property to influence the surrounding space. This surrounding effect of a magnet is known as a magnetic field. Magnetic fields consist of lines of force and force of attraction and repulsion that travel/or move along the lines. The developed forces depend on strength and distance apart the poles. Figure 1: Magnetic lines of force for bar magnet A ...

Abstract:

The research paper deals with the Efficient Market Hypothesis(EMH) and the related market anomalies and to find that despite there has been extensive research conducted in support of EMH, why is it possible that investors like Warren Buffet and many others have consistently beaten the market year after year and have made billions in profit and if markets are efficient why does the stock prices deviate from their value. For the purpose of this research, we will include a brief introduction of EMH, existing literature review in support of EMH and will then finally proceed to conduct our analysis ...

In the case of the TJX.com, the portion of the company that was compromised was the credit card numbers and information for all of the customers that hold a credit card for any of the stores under the TJX umbrella (eSecurity Planet Staff, 2010). The sad truth of the matter is that nearly any company has the potential to be victim to a cyber attack, and nearly all company’s systems have the potential to be vulnerable to this attack, given the level of skill and ingenuity that many hackers have. However, the TJX corporation failed to disclose some pertinent information ...

Introduction3

Core Standards Project4 Toward an International Code of Ethics.5 Conclusion..7 References..9 Introduction Since the 1980s, the transformation of accounting in the global financial landscape has led to significant transformation in ethical rules to professional practice. In the international acquisition context, the development of a new ethical accounting best practices framework establishes a baseline decision model for managing challenges in cross-border transactions. Multinational corporations obliged to accounting standards compliance in both the home country, and foreign jurisdictions work toward resolving ethical dilemmas according to legal rules of preemption, and in conjunction with international policy guidelines. In ...

Life never prepared me in my past life for what I found in my first week, in global finance. Being a lawyer I had been in Enron for the past four years working with the tax department. In October 2000, Andy Fastow summoned me and asked me to be the general counsel for global finance. This opportunity was enticing since it was a good place to be in thus I accepted the offer.

Current situation

The first thing that I found in the new files was a deal between Enron and a company called LJM which was a special purpose company. I knew something ...

A) Briefly discuss the treatment of employee stock options under each of the following:

1. Previous FASB/APB/CAP on Stock Options [Hint APB Opinion #25] APB Opinion 25 calculated stock options employing the intrinsic value technique, in which compensation expense appeared to be realized as the stock price surplus at the grant date divided by the price of option exercise. This technique however overlooked any possibility that the stock price might go beyond the exercise price, since most stock options possessed exercise prices as a minimum equivalent to contemporary market values, compensation expense thus not acknowledged. 2. FASB SFAS ...