(Exhibit). Whereas, the preceding marketing campaign, launched in October 2007 was unsuccessful to create the buzz to attract 10,000 subscribers and awareness for companies who were willing to advertise on Blue Orb’s website. The freeware/advertising-based revenue model for SwitchBlade did not achieve its goal. Thus, Mike Bowers (CMO) and Pete McAlindon (CEO) at Blue Orb are now considering a new marketing campaign for its first time SwitchBlade Pro paid subscription model. It is known that out of 70 million console and PC video game players
How does governmental accounting differ from both of them? What is forensic accounting? What are other career options are there in the accounting field? Which one sounds most interesting to you? Of the several regulatory bodies, which has the most affect on companies?
It nearly destroyed him emotionally, which is why he retired to everyone’s surprise in 1997 at the age of 54, just a year after the fraud began. To avoid an ethics meltdown of the proportions that lead to the accounting fraud at HealthSouth, Beam advised that companies support their goals with values, create a culture that allows employees to speak up and report things safely, ensure that the board is strong, avoid conflicts of interest and have clear rules about conflicts of interest and be aware of the basics of economics and economic cycles” (para. 8). In hindsight, the choices that were made do not seem so financially brilliant. However, at the time, it seemed like the only way out.
A Critical Examination of the Impact of Section 172 of the Companies Act 2006 There has been a plethora of debate surrounding the approach to directorial decision making in the scheme of corporate governance. A divergence has emerged between numerous schools of thought as to whose interests the directors are to consider in conducting the company’s management. The approach under English law is codified under section 172 Companies Act 2006 (‘CA 2006’) which professes an‘enlightened shareholder value’ approach to corporate governance. This has given rise to scrutiny and challenge from numerous critics but most notably from proponents of the ‘stakeholder management’ stance. The aim here is therefore to evaluate the scope and impact of section 172 and consider the possible alternatives whilst seeking to establish whether section 172 can be considered a positive development within company law.
Collins (2001) and his research team contrasts the good-to-great companies with a carefully select set of comparison companies that did not make the leap from good to great. “Good is the enemy of great” (Collins, 2001, p. 1). This quote assesses and makes the assumption that because a company, school, or even a government is good, they never make the transition to greatness. Acquiring the astigmatism of good are enough and sometimes this causes companies, and other individuals to become complacent, never venturing to further their status to greatness. Collins (2001) assesses that the “vast majority of companies never become great because the vast majority become quite good, and that is their main problem” (p. 3).
Although one can’t be taught to be a leader in educational courses, leadership qualities can be learned. Bennis mentions the lack of true leaders in America these days. Corporate executives are much more concerned with short-term results rather than long term gains. He uses two examples to demonstrate his point. First he gives the story of Ed, who despite him being smart, ambitious, determined to succeed and had the technical competence, still lacked people skills, conceptual skills, judgment, taste and character.
Steelcase management was not used to additional requests for information so they held a defensive posture towards inquisitive analysts and investors. This approach was not the best idea especially when it came to concerns that arise when they purchased Strafor. This lack of communication contributed to the approximately seventy (70) percent drop in their stock price and with not having a relationship with sell-side analyst it did not make the situation better. Not understanding how Strafor runs its operations and how it will impact on the operations of their company is what contributed to the weakening of their profits. When the company became public they did not take into consideration the necessary changes they would have to make in pertaining to their major constituents.
Managerial and Financial Accounting Paper Managerial and financial accounting are two very different methods of accounting. Both versions can be very important to the success any organization. This paper will differentiate between managerial and financial accounting while addressing the type of information each provides and how business decisions are made based on the information provided from each type of accounting. What type of information does managerial accounting provide? Managerial accounting presents information to support the broad roles, the development of objectives, strategies, operating plans, identification of organizational problems or potential problems and ensures that resources are obtained for use according to plans for achieving the internal objectives for the internal uses.
There was not process in place to follow for recovery for when a mistake was discovered or a problem was reported. The funds were not distributed for the natural disaster that they were earmarked for which has caused some uncertainty for future donations from the public and private donations. This system is supposed to be part of the corporate culture and should have established integrity for all the stakeholders. However; the American Red Cross did not have this in place which has caused turmoil within the organization and has caused them to be running a deficit and has had to downsize. A code of code of ethics should be developed for the American Red Cross.
The first part focuses on developing thinking about the different kinds of ethical questions that could be posed in relation to accounting. The second part focuses more explicitly on accounting practice, exploring the ethical function of accounting in relation to the market economy, ethics in relation to the accounting profession, and the ethics of the international accounting harmonization project. Accounting and Business Ethics is a compact introduction aimed at both students and practitioners who want to understand more about the ethics of accounting. Ken McPhail is Professor of Social and Ethical Accounting at the University of Glasgow, UK. He also holds an honorary professorship at Deakin University, Australia, and is co-editor of the Journal of Business Ethics Education.