Management Accountability And Corporate Responsibility

One of the failures of Enron that allowed the fraud to occur in early 2000s was management accountability or corporate responsibility. Rockness says the main cause of the corporate ethical conduct is the tone at the top, signing officers, cited by several professional sources such as American Institute of Certified Public Accountants (AICPA) and Committee of Sponsoring Organizations of the Treadway Commission (COSO). Prior to SOX, signing officers were not held responsible to anyone as long as the company showed stock increase justified by earning’s growth. Enron’s signing officers had a persuasive story to back up the increase in earnings and whoever questioned those numbers was viewed as being stupid. Hence when the time came for the†¦show more content†¦Mendez, CEO, whose role was to report and certify correct financial statements, free from all material misstatements, violated the SOX section 302 of corporate responsibility and the several laws of SECs. Men dez paid $5 million to settle the SEC’s charges, forfeited and returned $4 million bonuses that he received during the company’s fraudulent reporting period. Neil, CFO, was the one who directed an effort to manipulate the cost of walnuts and misled the Diamond’s independent auditors by providing wrong and incomplete information to justify the unusual accounting treatment for the payments. He personally profited from the fraud by receiving cash bonuses and other compensation based on the company’s reported Earnings per Share (EPS) for fiscal quarters in 2010 and 2011. When the fraud was uncovered, Diamond’s stock price dropped from $90 to $17 per share in 2011. Neil paid $125,000 in civil monetary penalties, forfeited a legal claim against Diamond’s for nearly $1 million worth stock options and shares of stock that he received during the fraudulent reporting period, and was barred from practicing as an accountant for 5 years. Point Three: Tit le IV Section 404 Managers must assess and auditors must attest to the effectiveness of its internal controls over financial reporting. SOX addresses the issue of management assessment of internal controls. This section requires both independent auditor and management opinion regarding the effectiveness of

The Dreamland Battle Miss Saigon, Representation And...

The Dreamland Battle: Miss Saigon, Representation and Opportunity On March 23, 2017, Miss Saigon, one of the most beloved and most protested musical, returned to New York at the Broadway Theatre, the same venue the show debuted and played for 10 years from 1991 to 2001. Both productions moved from West End to Broadway, creating numerous casting opportunities for Asian-American actors in New York, where Asian productions are rarely produced. The last Asian Broadway production, Allegiance, ended its run February 2016, starring Lea Salonga, the first Asian actor to win a Tony Award for her groundbreaking performance as Kim in Miss Saigon in 1991 — twenty-six years ago. Not until 2015 had Ruthie Ann Miles won a Tony for The King and I and†¦show more content†¦When the show was announced to move to Broadway, the yellowface was strongly protested by the Asian-American community. The show’s critic initiated the protest, saying that the production had created â€Å"an unwelcome view of Asians.† However, Pryce was so greatly praised by the West End audience, who seemed not to be bothered at all about his yellowface, that the producer was not willing to give in, claiming Pryce is the star of the show, as one of the British stage’s most admired actors. The yellowface performance was not even considered to be abandoned until the Actors’ Equity refused to approve Pryce’s Visa â€Å"as they cannot condone the casting of a Caucasian actor in the role of [an] Eurasian† that was going to destroy the fabric of the country. This angered the producer who even threatened with a cancelation on the Broadway production. It took a turn when Equity backed down and rescinded its decision and Pryce brought his â€Å"The American Dream† to New York and won a Tony Award for his brilliant performance — the yellowface was later removed. The audience was mesmerized by the glorious music and stagecraft as nobody had seen a helicopter landing on Broadway. The audience also discovered that, Jonathan Pryce was not the only one dictating the spotlight: Lea Salonga, who came form Philippine, was the rising star. Salonga, with her magnificent

The art of dirty deeds Free Essays

English Coursework Robert Hoarsely Another cupboard smashed onto the heavy oak table as the maelstrom of debris continued to swirl, fuelled by the vicious wind from the broken windows. There was a resounding crack as a chair was hurled at the table. â€Å"You left me to rot, you are no son of mine,† wailed the lady of the house. We will write a custom essay sample on The art of dirty deeds or any similar topic only for you Order Now He couldn’t see her, she was invisible, but he knew all too well she was there as he cowered under the table. The rain continued to pound down, its staccato beat all too loud through the broken windows. Lightning flashed as he made a break for the door that was banging against the wall in the mind. An Inhuman shriek came from behind him. He raced through the door as the table he had been taking refuge hurtled after him into the doorway in a shower of plaster and splinters. The main hallway he was now in was dominated by a huge glittering chandelier. He paused for a moment to catch his breath as he heard his mother howling in rage. With a groan the chandelier above him ripped away from the ceiling. It fell onto him with a crash, landing In an explosion of glittering glass like a frenzied rave of fireflies. He had barely enough time to think as It knocked him cold. As he flitted in and out of consciousness he remembered how he came to be in that current predicament. Don’t go daddy,† said his daughter. â€Å"We want you to be here for Christmas daddy,† whined his son. â€Å"Of course I’ll be back for Christmas; I’m Just off for a week to get granny’s old stuff from her house in the Yorkshire Dales. It’ll only be a week you know that and Ill tell you what, Ill bring extra Christmas presents. â€Å"Do be careful Mr. Jerome,† said the nursemaid as she ushered the children onto the pavement. â€Å"l will,† Mr. Jerome said as the children chorused goodbyes , he climbed into the carriage and with a flick of the driver’s reins the arraign picked up speed down the misty London street. He vaguely remembered the train Jo urney as the inky blackness swept past, punctuated by lights of villages. He Intended to collect family heirlooms and other valuables to distribute to his family back In London. The dark looming mass of the house had dwarfed him as he had stepped off the carriage. Its Imposing bulk seemed to swallow all living things through its gloomy shaded windows and solid looking front door. It was big enough to take a week to go through all the rooms to get what he needed, then sort them. Lang resounded throughout his head as the huge chandelier was savagely picked up and hurled Into the solid wooden front doors. Then there was a deafening silence In the house. The rain continued to beat down outside and the wind ripped at the garden but the house was silent once more. Rubbing his head, he climbed the grand staircase, still wary of the ghost of his mother. He made his way to the study where there were three traveling trunks, two of which were full of the valuables and the other was to be filled with Important documents. There was the distinctive tang of smoke but his thoughts were on other things. The door handle felt unusually warm as he opened leaping flames that had already consumed his traveling trunks and was taking hold of the rest of the room in a fiery, swirling inferno. Coughing from the swirling smoke he stumbled into the hallway. It was spreading rapidly, too fast to be any normal fire. His mother, he thought, she was burning down the house, the house he had been brought up in, the house she had lived in for over 60 years. As he watched, smoke streamed out of other rooms in tendrils and the smell of smoke was overpowering. He was trapped; he was going to be burned alive, scorched and screaming in this twisted, sick house. How to cite The art of dirty deeds, Papers

Sport Marketing Commercial Analysis Essays - Marketing, Chevrolet

Dr. Nixon P.E 400 Sport Marketing Commercial Analysis Sport Nation Segment 1 Commercial 10 of them. 1.The commercial sponsor is Scott Van Pelt. The product being marketed is (SVP) Head phones. The target market for the commercial is SC @ night, weekend, and midnight. The rating of the commercial is 2 stars. 2.The commercial sponsor is Dollar Shave Club. The product being marketed is a razor. The target market for the commercial is men. The rating of this commercial is 3 stars. 3.The commercial sponsor is USAA. The product being marketed is car buying service. The target market for the commercial is adults. The rating of this commercial is 4 stars. 4.The commercial sponsor is eHarmony. The product being marketed is finding someone to talk to for free. The target market is for 18 and up. The rating of this commercial is 2 stars. 5.The commercial sponsor is abc. The product being marketed is hulu. The target market is for modern families. The rating of this commercial is 4 stars. 6.The commercial sponsor is ESPN. The product being marketed is Football. The target market is for Chiefs and Packers fans. The rating of this commercial is 4.5 stars. 7.The commercial sponsor is Chevrolet. The product being marketed is Baseball. The target market is for Pirates and Cubs fans. The rating of this commercial is 4.5 stars. 8.The commercial sponsor is Scott Van Pelt. The product being marketed is (SVP) Head phones. The target market for the commercial is SC @ night, weekend, and midnight. The rating of the commercial is 2 stars. 9.The commercial sponsor is Halo5. The product being marketed is UFC and DirecTV Pay Per View. The target market for the commercial is Daniel Cormier and Alexander Gustafsson fans. The rating of the commercial is 3.5 stars. 10.The commercial sponsor is Fan Duel. The product being marketed is Fantasy Football. The target market for the commercial is Football fans. The rating of the commercial is 3.5 stars. Sport Center Segment 1 Commercials was 9. 1.The commercial sponsor is Dollar Shave Club. The product being marketed is a razor. The target market for the commercial is men. The rating of this commercial is 3 stars. 2.The commercial sponsor is Citrix. The product being marketed is GoToMeeting.Com. The target market for the commercial is agents and their clients. The rating of this commercial is 3 Stars. 3.The commercial sponsor is Apple, Google, and Amazon. The product being marketed is Game of War. The target market for the commercial is apple, google, and amazon users. The rating of this commercial is 4.5 stars. 4.The commercial sponsor is Amica. The product being marketed is Insurance. The target market for the commercial is Auto, home, and life. The rating of this commercial is 3.5 stars. 5.The commercial sponsor is ESPN. The product being marketed is Football. The target market is for Chiefs and Packers fans. The rating of this commercial is 4.5 stars. 6.The commercial sponsor is Scott Van Pelt. The product being marketed is (SVP) head phones. The target market for the commercial is SC @ night, weekends, and midnight. The rating of this commercial is 2 stars. 7.The commercial sponsor is Chevrolet. The product being marketed is baseball. The target market is Pirate and Cubs fans. The rating of this commercial is 4.5 stars. 8.The commercial sponsor is ESPN. The product being marketed is Football. The target market is for Chiefs and Packers fans. The rating of this commercial is 4.5 stars. 9.The commercial sponsor is Betterment.com. The product being marketed is investing your money. The target market is adults with good credits. The rating of this commercial is 3 stars. Panthers Game Segment 1 Commercial was 10 1.The commercial sponsor is Principal. The product being marketed is financial group. The target market is home owners. The rating of this commercial is 2.5 stars. 2.The commercial sponsor is intel. The product being marketed is a tablet. The target market is middle age people. The rating of this commercial is 3.5 stars. 3.The commercial sponsor is Dove. The product being marketed is fruit chocolate. The target market is people who like fruit and chocolate. The rating of this commercial is 3.5 stars. 4.The commercial sponsor is StarBucks Double Shot. The product being market is mocha. The target market is for people with jobs that have more than one thing to do. The rating of

Reflexión de Casa de Muñecas

Reflexià ³n de Casa de Muà ±ecas Pregunta: ‚ ¿CÂÆ' ³mo se desarrollÂÆ' ³ su comprensiÂÆ' ³n de las consideraciones culturales y contextuales de la obra a travÂÆ' ©s de la actividad oral interactiva?Obra utilizada: Casa de MuÂÆ' ±ecas de Henrik IbsenEn el desarrollo de la discusiÂÆ' ³n, se expusieron a la clase algunas temÂÆ' ¡ticas. Entre los temas abordados se trata el amor y la amistad, el matrimonio y la familia, el machismo, el honor y las costumbres de la ÂÆ' ©poca. Cuando tratamos de las costumbres de la ÂÆ' ©poca se hizo ÂÆ' ©nfasis en el machismo que era base de la sociedad Noruega del siglo XIX, enfocado en la familia; asÂÆ' ­ se puede ver en la familia Helmer, donde Nora como mujer obededece a su marido, mientras Torvaldo era quiÂÆ' ©n mandaba y gobernaba en el hogar.La discusiÂÆ' ³n me permitiÂÆ' ³ darme cuenta que el matrimonio en la ÂÆ' ©poca estaba influenciado por la sociedad, donde se supone que habÂÆ' ­a amor, pero en realidad estaba presente el machismo y la manipulaciÂÆ' ³n; Henrik Ibsen en la obra presenta una crÂÆ' ­tica al matrimonio y la posiciÂÆ' ³n de la mujer en la sociedad; rompe con los modelos establecidos, ya que encontramos a la seÂÆ' ±ora Linde que trabaja y fue capaz de mantener a su familia.Silhoutte of Marichen Ibsen (1799-1869) as a young...AdemÂÆ' ¡s logre comprender como Nora al ser dependiente de su marido pierde su personalidad como mujer y persona, de esta forma el autor juzga como el machismo discriminaba a la mujer y la estaba convirtiendo en un juguete, que daba de orgullo y honor a su marido, haciÂÆ' ©ndolo ver a este como un buen hombre, ya que seguÂÆ' ­a las normas establecidas en la sociedad.Finalmente en conjunto con estas cuestiones que formaban parte del hilo de la historia, estÂÆ' ¡ el honor donde pude ver como este daba al gÂÆ' ©nero masculino supremacÂÆ' ­a, puesto que ganaba el respeto de los demÂÆ' ¡s, exaltando su dignidad, pero...

History of the Olympics - 1972 Olympic Games in Munich

History of the Olympics - 1972 Olympic Games in Munich The 1972 Olympic Games will probably be best remembered for the murder of eleven Israeli Olympians. On September 5, a day before the Games were to begin, eight Palestinian terrorists entered the Olympic Village and seized eleven members of the Israeli Olympic team. Two of the hostages were able to wound two of their captors before they were killed. The terrorists requested the release of 234 Palestinians that were being held in Israel. During a failed attempt at rescue, all of the remaining hostages and five of the terrorists were killed, and three terrorists were wounded. The IOC decided that the Games should go on. The following day there was a memorial service for the victims and the Olympic flags were flown at half staff. The opening of the Olympics was postponed one day. The decision of the IOC to continue the Games after such a horrific event was controversial. The Games Went On More controversies were to affect these Games. During the Olympic ​Games a dispute arose during the basketball game between the Soviet Union and the United States. With one second left on the clock, and the score in favor of the Americans at 50-49, the horn sounded. The Soviet coach had called a time-out. The clock was reset to three seconds and played out. The Soviets still hadnt scored and for some reason, the clock was again set back to three seconds. This time, Soviet player Alexander Belov made a basket and the game ended at 50-51 in the Soviets favor. Though the timekeeper and one of the referees stated that the additional three seconds was completely illegal, the Soviets were allowed to keep the gold. In an amazing feat, Mark Spitz (United States) dominated the swimming events and won seven gold medals. More than 7,000 athletes participated, representing 122 countries.

Contemporary Society and Animal Rights Essay Example | Topics and Well Written Essays - 2750 words

Contemporary Society and Animal Rights - Essay Example Most animal rights organization disagree from the above suggestion instead they argue that human animals have their rights as human beings, they clearly base the argument by suggesting that there is no morally relevant distinction between adults mammals and human animals. Hence the adult animals should always have rights too. Thus, Human beings and adults must always possess the right acts since they are both â€Å"subjects of a life’ since both are considered to have similar level of biological complexity, both the animal and human beings are conscious and always aware of themselves, they have the ability to prefer something sand hate others, they have the ability to make conscious choices, they have a planned and structured life events as they need to give the best quality of their lives and length and quality of their life matters allot to them. From many animal caring organizations advocates, those animals should always be viewed as persons but not properties by this most people should always be involved in acing care of animals, as they understand the same in taking care of human beings. Animals should always be free from suffering and torture brought about by human beings. (Barton, 1987, pg 65) In the recent world, animals have been seen as the most affected creatures in the world, being considered as the most important parts of the world. From the Animal Liberation book by Peter Singer focus on the impacts human beings, have on animals as he observes the day to day eating and slaughtering of animals for meat, for skin and fur. He greatly opposes the action.From his principle equality does not require equal or identical treatment, it only requires equal consideration.