Ruth Chris had the following issues on hand; First, Dan Hannah had to decide which countries offer the greatest growth potential with the least risk. International businesses regularly offered opportunities for Ruth Chris but with strict selection criteria which in fact eliminated many of these business prospects. Secondly, the management team must agree on a standard development model and the decision of which mode of entry to use. Opportunities were evident for joint ventures or company owned stores in certain markets. Lastly but not least, Ruth Chris challenge was selecting the appropriate development model in conjunction with the management team but required additional information criteria in order to guarantee the future success of the organization.
During the late 1990 and the early 2000, accounting firm started to seek opportunity to client, and in October 2001, Enron became the subject of a SEC investigation, and then in 2002 congress passed the government regulation called Sarbanes-Oxley Act, and finally government established PCAOB. 2-19: C. As for A, management and external auditor share same responsibility is not correct. It depends on many other factors. As for B, it is not correct because both have a significant responsibility. As for D, this is not for guarantee.
Client Understanding Paper ACC 541 August 27, 2012 Abstract This paper is intended to help a client understand why I, as a new Staff 1, am asking for information regarding the following topics: * Adjusting lower cost of market inventory on valuation * Capitalizing interest on building construction * Recording gain or loss on asset disposal * Adjusting goodwill for impairment An explanation of each topic is provided, along with specific examples of each and the potential effects each can have on financial reporting. Understanding their significance and how they impact those with a vested interest in a company’s financial picture is also described. Client Understanding Paper Client Memorandum August 26, 2012 To: XYZ Corporation Re: Clarification Regarding Analysis of Client Work Papers As a newly hired Staff I, with Alpha Accountants, I have taken over the responsibility of analyzing the work papers for your organization. In response to your recent questions, I would like to clarify the reason I am asking for information on the following topics: * Adjusting lower cost of market inventory on valuation * Capitalizing interest on building construction * Recording gain or loss on asset disposal * Adjusting goodwill for impairment
The companies need to meet Sarbanes Oxley compliance deadlines. The most important ones are that firstly, the companies should meet the financial reporting and certifications mandates for statements filed after 15th November for any particular financial year. This deadline was amended from June 15th deadline stated earlier. Secondly, the Sarbanes Oxley compliance states that the smaller companies and foreign companies should meet the mandates for statements filed after 15th July. This deadline was amended from the earlier deadline of April
Copyright © 2006 by Pearson Education, Inc. ISBN: 0-558-86622-0 124 CHAPTER 6 | Business Continuity Planning and Disaster Recovery Planning In this chapter, you will learn about the goals of sound business continuity planning and disaster recovery planning, how these two types of planning differ, the types of threats that could invoke emergency planning and procedures, and several of the more prominent techniques organizations are using to plan for and hopefully prevent a disruption in business activities. Overview of the Business
Believing that tighter coordination among the divisions of her company was necessary, she created the post of general manager a year ago and hired Don Henson, an experienced accountant, to fill it. Things have not worked out well, however, and she is now seeking your advice. After studying the situation, you have come up with the following information. Write her a report -- accompanied by a letter of transmittal -- advising her about what to do now. -------- When Don Henson came to Mountainside Industries a year ago, he understood that his assignment was to bring about tighter coordination among its four divisions.
In 2004 that is when they set out to create a business-ethics index that companies could use to benchmark their behavior over time to help create a clear comprehensive guideline for the conduct of global companies. Some companies have appoint a chief compliance officers Relation With International Business: This topic is one hundred percent an international business issue, because its about the conduct of these business’s. Because over the past several years and the increase in different international business’s developing through out the world, different countries think there has to be more guidelines out there. This topic is taught within our text in chapter 8, the chapter discuses the future of the transnational concepts, the importance of growing and growing into a better MNE. I believe that this concept is used within the 8-2 reading as a big part, the idea of creating guidelines is in hope of creating a better future for MNE.
Case: Great Lakes Carriers 1. What marketing data would you want to have available to make the decisión? First of al lis important to know the changes that the demand of cole and iron ore has had during the past few years . Because these have dresead , is important to know the new demand to evaluate two important things: * If its necesary the new ship that Kate sugested , this ship have a maximium carrying capacity but may be not necesary if the demand is low * How are going to be the schedules are also defined by the demand because they need to evaluate the rentability of the transportation in each port , also the frecuency of deliveries because one port can demand more tan another one. With the dates about the demand , GLC can evaluate the ofer that they need to handled the demand , and the way that they are gona do it , if they are going to do some hauls by trucks or by ships , how many workers they need to have , the schedudels that they are going to handled etc.
Cultural Analysis of Croatia International Management August 25, 2013 Dr. Darlene Lee Upper Iowa University Abstract This paper explores articles about Croatia, analyzing this country from a cultural perspective for consideration of an American corporation doing business here. Having joined the EU, Croatia is now going through a transition phase, which requires them to make amendments in many sectors such as the private sector, health care, transportation, and education to meet the standards of the EU countries. These amendments allow easy access to the country for business, encourage tourism, and improve imports and exports within the EU countries. Prior to joining the EU, Croatia went through an economic downturn. The downturn was caused by a wide bribery scheme involved many of the government officials such as the former Prime Minister Ivo Sanader.
Second, the paper will analyze the change process initiated by Schulmeyer and specifically evaluate the Change Agent Program. Third, the paper will discover what actions Schulmeyer should have taken as Chief Executive Officer. Introduction SNI merged with Siemens in 1990 to become the largest European manufacturer of computers and information systems. “Despite its size and a strong market presence in Europe, SNI had not posted a profitable quarter since the merger (Cummings & Worley, 2009).” As a result, the Chairman of Siemens AG decided to bring in a new CEO, Gerhard Schulmeyer. Schulmeyer’s plan was to implement sweeping organizational change.