With our recent dispute over unpaid invoices totaling $221,000, management has seen fit to explore options for legal action against Sun City Entertainment. Since the headquarters is located in El Paso, Texas we will have to abide by the state of Texas court system. Court structure of Texas is structured as followed: Limited Jurisdiction is broken down into three courts: justice court, municipal courts, and County-level courts. The two lower levels of limited justification courts are justice and municipal, which flow upward to county level courts. Justice courts in Texas are for actions of not more than $10,000, small claims, criminal misdemeanors, and magistrate functions.
• SEC-Securities and Exchange Commission: The SEC’s purpose is to “serve as a repository and examiner for registration statements filed by companies planning to sell stock to the general public; providing information on securities to investors; advising on some bankruptcy reorganizations; and investigating and initiating action when federal securities laws are violated and frauds are committed.” The SEC’s job is to protect investors by regulating a policing the securities market. Friedrichs, David O. Trusted Criminals: White Collar Crime In Contemporary Society, 4th Edition. Cengage Learning, 06/2009. VitalBook file.
The applicable statute defines a broker as any person who deals with the sale of a business. If this statute was intended to protect the public, can PEMS collect its commission? All states require members of certain professions—including physicians, lawyers, real estate brokers, accountants, architects, electricians, and stock-brokers—to have licenses. Some licenses are obtained only after extensive schooling and examinations, which indicate to the public that a special skill has been acquired. Others require only that
2) Fish and game wardens are required to regularly patrol areas and observe people who they suspect may be breaking fish and game laws. Laws such as: licensing requirements Driving, boating, and hunting under the influence of alcohol or drugs Individuals who have broken laws may be cited while others may be arrested. 3) Fish and game wardens confiscate equipment that has been used in connection with any violations. Equipment such as: firearms, vehicles, watercraft, fishing equipment Game wardens have very broad authority, however they can perform a search or confiscate equipment w/o a warrant in some instances that regular law enforces need to obtain a warrant for. 4) -They investigate claims that property was damaged by wildlife or by violators of wildlife conservation laws - investigate any homicides related to hunting.
Sarbanes-Oxley Act is designed to make all personnel accountable for their action or inactions. For example, external, internal, and foreign attorneys are required to report violations to CEO/CFOs. If the officer(s) do not respond to the evidence provided by the attorney(s), they are obligated to report the evidence to the audit committee or another committee of the board. The act also provides protection to whistle blowers under Title VIII: Corporate and Criminal Fraud Accountability Act of 2002 (American Institute of CPAs,
MKTG 6215 - Marketing Management Marketing Plan Assignment: Due to our unique company strategy, we must observe both our consumers (the charities) and pay special attention on our suppliers (the donors). As such, we have split our research into these two separate entities. Target Market Research for Charities First and foremost, there will be requirements for charities who wish to apply and participate in the lottery. Our purpose is not to service and fund every charity; rather it is to focus on small and unknown charities, and bring them into the spotlight. Thus, we must be very selective in our application and screening process.
However, we, as in AOW offer a couple of other types of audits, which is an operational audit, and a compliance audit. An operational audit evaluates all of the operating procedures for efficiency, and can include more than just accounting. The evaluation can include the organizational structure, computer operations, production methods, marketing, and any other area. A compliance audit can be helpful for staying in compliance with the Department of Labor by examining wage rates with wage laws among other areas. The financial statement audit is the one I will be concentrating on by examining the financials to be sure Apollo Shoes in compliance with the required US accounting standards.
This letter serves to provide Mr. Lancaster with an overview of section 404 and other regulations that relate to the audit of internal controls as well as a synopsis of internal control risks that have and will be identified within Apollo Shoes Inc. This letter will also describe the responsibilities of our firm in regards to detecting and reporting fraud. In the SOX act, Section 404 suggests all publically traded organizations need to establish
Current, Non-current Assets paper Raul R. Campos Acc/400 August 17, 2011 University of Phoenix Instructor: Frank Gutierrez In all organizations the Accounting department is a major player in the control of monetary budgets and estimated gain or looses, which in turn can determine the success or default of the organization itself. The estimated term is usually a physical year also known as an operating cycle in which an organization can turn around this assets into cash by selling its product and collecting the profits of this product sales with in 60 to 180 day’s. This money is applied to finance the organizations daily operations and for creditors is the main component to determine and provide the necessary credit to those organizations
Growing a business in accounting will take special characteristic, like self-confidence, but not over barring, integrity, time, patience, and organization (Cohn, M.). While being an accountant there is a high potential for human error, I must be detailed. Being a detail oriented person not only in my personal life as well as my business life I believe I can excel in my ventures. When handling client needs I would need to be clear on my abilities to get the job done. I am going to have peoples financial life’s in my hands, it’s extremely important that I am efficient in my job and protect my client’s