...Jamaica © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org All rights reserved. 1 2 3 4 08 07 06 05 A copublication of The World Bank and the International Finance Corporation. This volume is a product of the staff of the World Bank Group. The findings, interpretations and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone 978-750-8400; fax 978-750-4470; Internet www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher,The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax 202-522-2422; e-mail pubrights@worldbank.org. Additional copies of Doing Business 2011:...
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...Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion method of accounting for long-term contracts. Ernest Grendi made the fraud possible, company CFO as helped by three senior accountants. These were aimed to inflate the price of the company stocks because of overstated earnings that caused them to receive sizable bonuses. However, JWP internal auditors just tolerated all of these because of their fear of being fired. In addition, Ernst & Young, the company’s external auditor, knowing the fraudulent activities, have been issuing an unqualified opinion for six consecutive years. This has been seen as a product of the close relationship between Grendi and his co-conspirators with E&Y. 2011 JAMAICA WATER PROPERTIES: A Case Study Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion...
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...ENVIRONMENTAL STUDIES. Semester: Code: PA-101.4 Total Hours: 45 Hours Per Week: 3 Credit: 3 COURSE DESCRIPTION GENERAL OBJECTIVES At the end of this course, students should be able to : 1. Identify key elements of the global environment. 2. Discuss how environmental elements interact locally and globally in predictable and unpredictable ways. 3. Describe the impact of human activities on the global environment. 4. Discuss issues relating to sustainable development. 5. Identify international and Caribbean regional environmental challenges 6. Identify biotic and abiotic components of ecosystems and some of their possible interactions. 7. Describe physical, chemical and biological characteristics of the oceans. 8. Identify the principal marine pollutants and the threat they represent. 9. Assess the impact on the marine environment of oil pollution from the oil industry and the shipping industry. 10. Identify requirements to maintain healthy ports and harbours, and current programs to rehabilitate Caribbean ports. 11. Identify organizations and regulatory structures concerned with oceans management and costal zone management in general and within the Caribbean region, including the UNEP regional seas programme. 12. Discuss national and international marine law; the use of civil and criminal law in regulating the environment and the conflict between private property rights and environmental ...
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...Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion method of accounting for long-term contracts. Ernest Grendi made the fraud possible, company CFO as helped by three senior accountants. These were aimed to inflate the price of the company stocks because of overstated earnings that caused them to receive sizable bonuses. However, JWP internal auditors just tolerated all of these because of their fear of being fired. In addition, Ernst & Young, the company’s external auditor, knowing the fraudulent activities, have been issuing an unqualified opinion for six consecutive years. This has been seen as a product of the close relationship between Grendi and his co-conspirators with E&Y. 2011 JAMAICA WATER PROPERTIES: A Case Study Jamaica Water Properties A Case Study The case is about an accounting fraud that involves the Jamaica Water Properties, Inc. The fraud was characterized by misapplication of purchase method of accounting for acquisitions, recording fictitious assets, improper accounting for NOLCO, non-recording of appropriate allowances for uncollectible receivables, and misapplication of the percentage-of-completion...
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...Table of Contents Abstract INTRODUCTION: * Rationale * Problem Statement * Main Purpose of Study ……………………………………………………………. * General objectives * Specific Objectives * Hypothesis/Research Questions LITERATURE REVIEW AND THEORETICAL CONSIDERATIONS................... METHODOLOGY/RESEARCH DESIGN * Scope and Limitations …………………………………………………………….. * Procedures * Data Sources * Budget....................................................................................................................... * Instruments * Budget ……………………………………………………………………………... Results and Discussion ……………………………………………………………………. * SWOT Audit ………………………………………………………………………. * SWOT Matrix …………………………………………………………………….. Recommendations ………………………………………………………………………… Summary and Conclusion References Appendices Abstract Extensive importation of foreign products continues to cripple the Jamaican economy. The country imports just about everything as such this limits the amount of foreign exchange that could contribute effectively to the country’s development. The importation of paper is an area of concern which we believe must receive careful attention and must be seriously addressed. Paper is a resource that is utilized daily in many operations if not all and this precious resource has to be imported from other countries while the resources available in the country which could be adequately utilized in producing...
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...caribbean studies notes MODULE ONE LOCATION AND DEFINITION OF THE CARIBBEAN REGION Definition of the Caribbean Region Geographical This describes the area washed by the Caribbean Sea and is often described as the Caribbean Basin. It would therefore include most of the islands of the Lesser Antilles, Greater Antilles as well as the mainland territories in Central America (Costa Rica, Belize, Panama, Honduras) and Northern South America such as Columbia and Venezuela. The common link here is the Caribbean Sea. Geological There are deep seated structural features of Caribbean geology which also identifies commonalities. It is the area that is defined by the Caribbean Plate and which experiences similar tectonic, seismic and volcanic features and processes. Historical It describes the area that saw the impact of European colonization, slavery, indentureship and the plantation system. this refers to all the territories so that one way of defining the Caribbean is to identify those countries that experienced the rule of specific European countries. Thus the Caribbean may be defined as being broken up into the English, French, Dutch and Spanish speaking countries and territories. Political In the Caribbean at least three types of governmental systems are found. They include Independent States, Associated States and Colonial Dependencies. CHARACTERISTICS OF SOCIETY Society Society is a collection of people occupying a defined geographical...
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...SOLID WASTE MANAGEMENT FOR SMALL HOTELS JESSICA MOULD OKANAGAN COLLEGE Introduction Tourism is “one of the world’s fastest-growing industries”; as of 2012, “global tourism accounts for 1.2 trillion dollars (USD) in exports annually, 9% of worldwide GDP and is responsible for one out of every 12 jobs” [ (Canadian Tourism Commission, 2013) ]. Ninety percent of hotels worldwide are small hotels, e.g. hotels with less than 50 rooms (Radwan et al., 2010, p. 179). This essay addresses the problems associated with solid waste produced by the hotel industry including the difficulties faced by small hotels in managing their solid waste and ultimately describes benefits and solutions for sustainable waste management by small hotels. Waste minimizatioin is priority area 1 on Agenda 21 for the Travel and Tourism Industry [ (Stipanuk, 2006, p. 89) ]. The objective of priority area 1 is “to minimize resource inputs, maximize product quality, and minimize waste outputs” [ (Stipanuk, 2006, p. 89) ]. Waste is defined as “unused material produced as a result of inefficient production and/or consumption practices” that “puts economic and environmental costs on society through its collection, treatment and disposal” (Radwan et al., 2012, p. 535). “Waste can be regarded as a human concept as there appears to be no such thing as waste in nature” where “waste products created by a natural process or organism quickly become the raw products used by other processes and organisms”(Full Cycle...
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...terminal development • operational planning • civil engineering aspects of terminal design. Module B: Certificate in Maritime Logistics Diploma in Shipping Logistics—Jamaica Maritime Institute 1−1 Unit 1: Marine terminals Marine Terminal Operations Unit 1 ...........Activities and expectations Agenda To complete this unit, you will: • Read and study the text in this unit and any assigned passages in the Student Reader. • Apply the information by performing the Activities • Test yourself by doing the Practice Exercises and checking your answers. Resources There is no textbook for this course. All the information you require is in this Study Guide. In addition, your Student Manual lists some books that you may wish to read to expand your knowledge. Learning outcomes When you have completed this unit you will be able to: • • Explain some of the considerations in equipment selection. • Discuss the needs for storage areas. • Discuss safety and emergency response considerations. • 1−2 Describe the role and functions of marine terminals. List the broad categories of studies that are needed in planning a new terminal. Module B: Certificate in Maritime Logistics (Course ML-302.5) Diploma in Shipping Logistics—Jamaica Maritime Institute Unit 1: Marine terminals Marine Terminal Operations Lesson 1...... Introduction to marine terminals Roles The possible roles of a marine terminal are...
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...Indies in Mona. Jamaica, has been active in politics and the trade union movement in his native Jamaica for over twenty years. In the 1970s he helped found the University and Allied Workers Union and later the Workers Party of Jamaica. While a visitor at Queen's University in Kingston in the spring of 1989, he spoke with Grant Amyot and Colin Leys about the difficulties which the Left now faces in the Caribbean. T SPE: As a student at Oxford in the late 1960s, Trevor, you were one of the most brilliant leaders of the student movement there. After finishing your studies you decided to go back to Jamaica, and to make a choice for political activism as opposed to a purely intellectual career. Why did you make this choice? What factors contributed to it? TM: The choice of activism is always a combination of processes. There is no particular moment when you can say, "I've been a student or a theoretician so far, let me become an activist now," or vice versa. I got to Oxford as a Rhodes Scholar from Jamaica, which is a kind of pinnacle of middle-class and national achievement. But by that time the changes in my own outlook pointed me toward a radical path, combining activism as a student at the University of the West Indies with a concern for theoretical work at the same time. The Cuban revolution occurred in 1959. In the 1960s Jamaica - along with many other Caribbean colonies - became independent; and in the Studies in Political Economy 31, Spring 1990 9 Studies in Political...
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...Fighting for freedom PLEASE SEE LESSON ON PAGE 12 YOUTHLINK MAGAZINE | JANUARY 17-23, 2012 11 DEBBION HYMAN Contributor Major slave revolts yl:History OBJECTIVES At the end of the lesson, students should be able to: a) Identify the key figures in the Berbice (1763), Barbados (1816), Demerara (1823) and Jamaica (1831) revolts. b) Explain the causes of any three major slave revolts. c) Describe the nature and consequences of any three major slave revolts. BERBICE 1763 CAUSES a) Inhumane treatment by white personnel (such as managers, overseers, bookkeepers) of the enslaved population. b) Inadequate provisions for daily existences supplied on the estates – the enslaved population had meagre rations and whenever there were shortages they would be adversely affected. NATURE & CONSEQUENCES a) The revolt began on Plantation Magdalenburg on the Conje River on February 23, 1763. b) By March 1763, the revolt had spread to the Berbice River. The enslaved peoples were able to capture several plantations along the river and Coffy played an instrumental role in this area. c) Coffy committed suicide in May 1763 – the fight for freedom, however, still continued. d) The colony was controlled by blacks for 10 months, showing the active thrust by blacks to end the system of chattel slavery. John and St George. b) By April 15, 1816 there was the declaration of martial law - Bussa was killed during the fighting. More than 170 slaves were killed and more than 200 were excuted;...
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...Everybody’s Bookstore Organization Chart 14 General Manager 14 Financial Controller 14 Marketing Manager 14 Human Resource Manager 15 Human Resource Management 16 Recruitment and Selection 16 Training 17 Compensation 17 Performance Management 17 Conditions of Employment 18 Operational Considerations 19 Location 19 Layout of Store 19 Staff 19 Basic Operations 20 Utilities 20 Marketing Arrangements 22 Financial Considerations 23 Implementation Schedule 24 Appendix I 25 Appendix II 26 Appendix III 27 Appendix IV 28 Appendix V 29 Appendix VI 30 Appendix VII 31 References 34 Credits and Acknowledgements 35 Executive Summary Everyone's Bookstore is a start-up used book store in the Papine area of Kingston, Jamaica. The main goal of the company's management is to acquire local market share in the used book store industry through low prices, a dominant selection of products, a competitive variety of services which include an internet café and services and a reading section. Management hopes to achieve this through providing a relaxing, friendly environment that encourages browsing and reading. Everyone bookstore is a partnership consisting of four general partners. Each partner has equal capital. Accordingly, capital and loss are distributed equally. Each partner will serve as a...
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...CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Oil spill is the leakage or discharge of petroleum onto the surface of inland or coastal water. It assumes disastrous dimension when an uncontrollable well blows out or pipeline ruptures. On water surface, spreading takes place immediately, which is very harmful to various types of aquatic lives as it prevents sufficient amount of sunlight from penetrating and also reduces the land-dissolving capacity in the water. The magnitude of crude oil pollution and damage occasioned by multi-national oil companies operating in the Niger Delta region of Nigeria is incredible (Urhobo Historical Society, 2003). It is noteworthy that the devastating consequences of the crude oil spill in the region with its eventual hazards on both aerial and terrestrial environments is tantamount to an irreversible chain effect on both the biodiversity and human safety. Abbot (2007) in her article entitled “Think Jamaica is Bad? Try Nigeria” notes that the discovery of oil has been an ecological disaster for the Niger Delta where the oil is extracted. Oil and natural resources of a country are often considered to be national assets. Oil penetrates into the structure of the plumage of birds and the fur of mammals, reducing its insulating ability, and making them more vulnerable to temperature fluctuations and much less buoyant in the water. Animals that rely on scent to find their babies or mothers fade away due to the strong scent of the oil....
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...transmitted, in any form or by any means, without the prior permission in writing of Oxford University Press, or as expressly permitted by law, or under terms agreed with the appropriate reprographics rights organization. Enquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press, at the address above You must not circulate this book in any other binding or cover and you must impose this same condition on any acquirer Library of Congress Cataloging-in-Publication Data Edmonds, Ennis Barrington. Rastafari : from outcasts to culture bearers / Ennis Barrington Edmonds. p. cm. Includes bibliographical references and index. ISBN 0-19-513376-5 1. Rastafari movement. 2. Jamaica—Religious life and customs. I. Title. BL2532.R37 E36 2002 299′.676—dc21 2002074897 v To Donnaree, my wife, and Donnisa, my daughter, the two persons around whom my life...
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...CONTEMPORARY AUDITING REAL ISSUES & CASES MICHAEL C. KNAPP SEVENTH EDITION MAKE IT YOURS! SELECT JUST THE CASES YOU NEED Through Cengage Learning’s Make It Yours, you can — simply, quickly, and affordably — create a quality auditing text that is tailored to your course. • Pick your coverage and only pay for the cases you use. • Add cases from a prior edition of Knapp’s Contemporary Auditing. • Add your course materials and assignments. • Pick your own unique cover design. We recognize that not every program covers the same cases and topics in your auditing course. Chris Knapp wrote his case book for people to use either as a core e book or as a supplement to an existing book. If you would like to use a custom auditing case book or supplement the South-Western accounting book you are currently using, simply check the cases you want to include, indicate if there are other course materials you would like to add, and click submit. A Cengage Learning representative will contact you to review and confirm your order. G E T S T A R T E D Visit www.custom.cengage.com/makeityours/knapp7e to make your selections and provide details on anything else you would like to include. Prefer to use pen and paper? No problem. Fill out questions 1-4 and fax this form to 1.800.270.3310. A Custom Solutions editor will contact you within 2-3 business days to discuss the options you have selected. 1. Which of the following cases would you like to include? Section...
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...Table Of Content Page Acknowledgment.................................................................................4 Executive Summary.............................................................................5 Description a of business.....................................................................6 Justification of location.........................................................................7 Selection of appropriate labour.............................................................8 Sources of fixed and working capital....................................................9 Role of the entrepreneur......................................................................10 Type of production................................................................................11 Levels of Production.............................................................................12 Quality control measures......................................................................13 Use of technology.................................................................................12 Linkages................................................................................................14 Potential for growth...............................................................................15 Government regulations........................................................................16 Ethical Issues................................................................
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