...provider of cable services in the United States prior to filing bankruptcy in 2002 due to a major accounting scandal. Adelphia’s management intentionally misled investors by falsifying financial statements to give the appearance the organization was financially solid and performing well above normal, by excluding billions of dollars of debt from financial statements. The auditors fail to find any fraudulent action in the financial statements. John Rigas was the original founder of the corporation and later joined with his brother and sons. The Adelphia Communications Corporation (investors) provided over $2.3 billion worth of personal loans to the Rigas family. The Rigas family received assets via fund transfers from the Adelphia Communications Corporation through journal entries to purchase extravagant homes, land for an exclusive golf course and personal purchases. After the firm declared bankruptcy in 2002, John Rigas and his son Timothy Rigas were charged with conspiracy, bank fraud, and securities fraud. John received a fifteen year sentence and Timothy received a twenty year sentence which they began serving in 2007. A second son, Michael, was sentenced to ten...
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... 3 Journal Entry October 1, 2014 FYE This journal I will focus on my goals, commitment, and motivation. I will be writing about my personal views on these topics and explain the role they play in and the affects they have on my future. Out of those 3 topics, commitment is most the important one and I will explain why it is. After reading this chapter I realized how important it is to have a goal and something that motivate you into making sure you achieve that goal. And, most importantly committing to it despite all the obstacles you may face. I always dreamed BIG! There was never a time in my life where I wasn’t thinking about my future and what career I wanted to pursuit. I always changed my mind of course what young strong minded individual didn’t. It was times I planned on being the CEO of a big business who helped out the unfortunate. I learned that I am a people person and I enjoy pleasing people and helping them feel better about their selves. My number one goal had always been to be greater than the person I was yesterday and I must admit some days I struggle achieving that goal and some days it comes natural to me. Of course that is my short-term goal but I make sure I always have a long-term goal that I am preparing myself everyday so when the time do come to me being a Radiologist I can say I’ve worked so hard to get here and feel very pleased with myself. My second topic in chapter 3 was motivation. I’ve had multiple motivation. Having...
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...1. A) B) Executive Summary The most important factors that affect average costs of materials to produce the products of our company, which is the skill saw, electric drill, screwdriver set, and fire extinguisher. The managers in charge of production are key in order to meet deadlines and produce the right amount. The operational managers would begin to look at daily activities of the firms inventory, monitor performance of sales task force and as well as daily scheduling. The tactical managers carry out the programs and plans of senior managers. They are involved with accomplishing top end executives goals that strive towards organizational goals. There main focus is on monthly budgeting, monthly scheduling and personal plans. Extra insight would be with the tactical manager with being charge of sales forecasting and sales management. They would provide extra insight with these because they want to make sure they are penetrating the right market with, the right product, to the right customer. This is a critical step as it is very expensive establishing your organization in a market. Tactical marketing mangers would have extreme impact on the organization’s success due to the fact that their sales research and possible sales forecasting will lead them to potential trends for selling products. The line graph illustrates are sales day by day providing extra insight on the highest for a product, which was the fire extinguisher. Overall, choosing the right market, product...
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...between all lines of text, including the reference list. Have uniform margins of at least 1 in. (2.54 cm) on all sides. • Hanging indents should be used for the reference list entries. This means that all lines after the first line of each entry should be indented one half inch from the left margin (in Word 2007 use Paragraph>Special>Hanging). • Arrange reference list entries in alphabetical order by the surname of the first author or by title if there is no author. Use only the initial(s) of the author's given name, not the full name, with a space between the initials. • If the reference list includes two or more entries by the same author(s), list them in chronological order (oldest first). Add a lower case letter (a, b, etc.) after the year, within the parentheses. • Capitalize only the first letter of the first word in the article or book title. Proper nouns are also capitalized as well as the word following a colon (subtitle). Journal titles should have every major word capitalized. • Italicize journal titles, volume numbers and even the comma following the journal title. Do not italicize issue numbers (i.e., the number which appears in parentheses after the volume number). • References cited in the text must appear in the reference list and vice versa. The only exceptions to this rule are personal communications and secondary sources, which are...
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...Diamond Foods, Inc.: Anatomy and Motivations of Earnings Manipulation Mahendra R. Gujarathi ABSTRACT: Diamond Foods is America’s largest walnut processor specializing in processing, marketing, and distributing nuts and snack products. This real-world case presents financial reporting issues around the commodities cost shifting strategy used by Diamond’s management to falsify earnings. By delaying the recognition of a portion of the cost of walnuts acquired into later accounting periods, Diamond Foods materially underreported the cost of sales and overstated earnings in fiscal 2010 and 2011. The primary learning goal of the case is to help students understand the anatomy and motivations of earnings manipulation. Specifically, students will have the opportunity to (1) apply the FASB’s Conceptual Framework to a real-world context, (2) determine the nature of errors and compute their numerical effects on financial statements, (3) understand motivations for earnings management and actions needed for managing earnings of future years, (4) explain the anatomy of financial reporting fraud by reconstructing journal entries, (5) prepare comparative financial statements for retroactive restatements, (6) explain the rationale for clawback provisions in compensation contracts, and (7) understand the difference between the real and accrual-based earnings management. Keywords: earnings management; financial statement fraud; restatements; error correction; clawback provision; Conceptual Framework...
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...A STUDY OF MCMUNN AND YATES’ DISTRIBUTION CENTRE’S HUMAN RESOURCES POLICIES AND PRACTICES Paolo Balinghasay University of Winnipeg PACE Program Background Mc Munn and Yates, a medium-sized enterprise, is a building supplies company that was established by two families in 1971. Their first branch was in Dauphin, Manitoba. The company slowly grew and put up a few more branches in central Canada. Since 2008, Mc Munn and Yates (M&Y) started an aggressive expansion by buying out other companies such as Miracle Lumber Mart in Beausejour, Webster’s Building Centres, and McDiarmid Lumber, to name a few. These acquisitions made such rapid growth in their operations and logistics that M&Y struggled to cope in meeting product demand. As of 2016, M&Y Enterprise is slowly establishing their name in central Canada. They currently have 24 branches, mostly in and around the Winnipeg area, but some go as far as Thompson and FlinFlon. They have achieved this by focusing in improving customer satisfaction to acquire loyal patrons, but significantly lack development in such crucial responsibilities such as Human Resources Management. Having expanded from less than 10 stores to 24 within four years, M&Y only have one Distribution Centre (DC) to cater to all the branches for supplies and customer orders. The DC, which was constructed in 2008, consists of two main operations of M&Y: The Shipping and Receiving Department, and the Corporate Department. The...
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... |COMM/400 Version 5 | | |Management Communication Skills | Copyright © 2010, 2008, 2006, 2004 by University of Phoenix. All rights reserved. Course Description This course focuses on identifying and developing the communications skills necessary to manage individuals and groups successfully within business and work organizations. Students will identify their management communication styles and will assess and improve their effectiveness in the areas of interpersonal communications, group dynamics, diversity, motivation, team building, and conflict resolution. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Hynes, G. E. (2011). Managerial communication: Strategies...
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...Vol. 5, No. 1 International Journal of Business and Management International Market Expansion Strategies for High-Tech Firms: Partnership Selection Criteria for Forming Strategic Alliances Øystein Moen (Corresponding author) Norwegian University of Science and Technology (NTNU) Department of Industrial Economics and Technology Management N-7491 Trondheim, Norway Tel: 47-7359-3505 E-mail: Oeystein.Moen@iot.ntnu.no Ottar Bakås SINTEF Technlogy and Society, Department of Industrial Management N-7465 Trondheim, Norway E-mail: ottar.bakas@sintef.no Anette Bolstad Norwegian University of Science and Technology (NTNU) Department of Industrial Economics and Technology Management N-7491 Trondheim, Norway Vidar Pedersen Investment Office Nordic, Telenor Nordic Finance Snarøyveien 30, N-1331 Fornebu Tel: 47-9823-2599 E-mail: vidar.pedersen@telenor.com Abstract Newly established, technology-based firms entering international markets often have limited resources in terms of capabilities, time, and capital. As a consequence, these firms often use entry modes characterised by low resource commitment, including partnership agreements (strategic alliances). This paper, investigates which partner selection criteria that are important for this group of firms when they are selecting partners. Based on case studies of three Norwegian firms targeting the UK market, five selection criteria have been identified as important (trust, relatedness of business, access...
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...The changing body of students A study of the motives, expectations and preparedness of postgraduate marketing students Jie Liu Department of Business and Management Studies, Manchester Metropolitan University, Manchester, UK Abstract Purpose – The aim of this paper is to assess the motives, expectations and preparedness of postgraduate marketing students, and discuss possible implications for postgraduate marketing education in the UK. Design/methodology/approach – The research uses primary data collected from postgraduate marketing students at four British universities. Factor analysis is used to evaluate the convergent validity of the survey questionnaire and Cronbach’s alpha coefficient to examine the internal consistency and reliability of the variables composing the major scales. Findings – The results indicate that postgraduate marketing education today faces a culturally diverse student body coupled with a notable lack of relevant work experience. Students are found to have relatively low perception of their preparedness for postgraduate study and high expectations for support and practical experience in marketing. Research limitations/implications – The sample used is relatively small although the high response rate achieved would help add validity to the study. Further research should examine the ways in which students draw on their prior-learning experience to make sense of their learning process. Practical implications – This study should...
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...ISSUES IN ACCOUNTING EDUCATION Vol. 30, No. 1 2015 pp. 47–69 American Accounting Association DOI: 10.2308/iace-50948 Diamond Foods, Inc.: Anatomy and Motivations of Earnings Manipulation Mahendra R. Gujarathi ABSTRACT: Diamond Foods is America’s largest walnut processor specializing in processing, marketing, and distributing nuts and snack products. This real-world case presents financial reporting issues around the commodities cost shifting strategy used by Diamond’s management to falsify earnings. By delaying the recognition of a portion of the cost of walnuts acquired into later accounting periods, Diamond Foods materially underreported the cost of sales and overstated earnings in fiscal 2010 and 2011. The primary learning goal of the case is to help students understand the anatomy and motivations of earnings manipulation. Specifically, students will have the opportunity to (1) apply the FASB’s Conceptual Framework to a real-world context, (2) determine the nature of errors and compute their numerical effects on financial statements, (3) understand motivations for earnings management and actions needed for managing earnings of future years, (4) explain the anatomy of financial reporting fraud by reconstructing journal entries, (5) prepare comparative financial statements for retroactive restatements, (6) explain the rationale for clawback provisions in compensation contracts, and (7) understand the difference between the real and accrual-based earnings management. Keywords:...
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...Part A: Literature Review Abstract Economic liberalization triggers many local and international organizations to expand their business along with establishing their reputation globally. As to expand internationally, expatriation process is necessary for a company to establish themselves successfully internationally. One of the biggest challenges that companies are facing nowadays is the poor selection and development of expatriates. This paper is intended to discuss on those expatriation issues and the recommendations for the company to overcome those issues. In the first part of this paper, the literature review of the expatriation is discussed and the second part will be covered on the recommendations that are derived from the limitations that were identified from the literature review in part one. 1.1 Expatriation Due to the increasing business activities in today’s world, it is just not enough for a company to be successful in the national market only. Due to globalization, there have been many international investments and mergers and acquisitions. This globalization requires the companies to reflect on new measurements or estimations to stay focused and remain competitive in the global market such as the importance of knowledge transfer and international management development. This means the expatriation and expatriates have become a formula for every international management and companies that are looking forward to achieve their success in the global market (Nikolaeva...
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...thesis about and what have you done? * If you have a hypothesis what is it? * How will you test (prove/disprove) your hypothesis? * Motivation * Why is this problem you've worked on important * Goals / Objectives * What are you trying to do and why? * How will you or the reader know if or when you've met your objectives? * **** Contributions ***** * What is new, different, better, significant? * Why is the world a better place because of what you've done? * What have you contributed to the field of research? * What is now known/possible/better because of your thesis? * Outline of the thesis (optional) * Chapter 2: Background / Related Work (~8-20 pages) * More than a literature review * Organize related work - impose structure * Be clear as to how previous work being described relates to your own. * The reader should not be left wondering why you've described something!! * Critique the existing work - Where is it strong where is it weak? What are the unreasonable/undesirable assumptions? * Identify opportunities for more research (i.e., your thesis) Are there unaddressed, or more important related topics? * After reading this chapter, one should understand the motivation for and importance of your thesis * You should clearly and precisely define all of the key concepts dealt with in the rest of the thesis, and teach the...
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...USAIJTDInternational Journal of Training and Development1360-3736Blackwell Publishing Ltd. 20062006 4252268Original ArticlesTransfer of learning from 10 management development programmesInternational Journal of Training and Development International Journal of Training and Development 10:4 ISSN 1360-3736 Transfer of learning from management development programmes: testing the Holton model Cyril Kirwan and David Birchall Transfer of learning from management development programmes has been described as the effective and continuing application back at work of the knowledge and skills gained on those programmes. It is a very important issue for organizations today, given the large amounts of investment in these programmes and the small amounts of that investment that actually translates into an improved individual and organizational performance. This paper describes the testing of the Holton model of learning transfer and suggests amendments to the model where appropriate. A sample of participants on a management development programme within the Irish health service completed the Learning Transfer System Inventory based on the Holton model. The data obtained were analysed using multiple regression and partial correlation techniques. Results indicate that the model does adequately represent the effects of its factors, although a slightly revised model is presented. Important relationships between factors are identified, and the central role of the learners’ personal capacity for transfer...
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...| Managerial Effectiveness 571 | Assessment 2 Leadership & Management Implementation Coaching Report | | Megan Scott 16364420 | Due: 18th October 2013 | Lecturer: Ron PettapieceTotal Word Count: 2745 | Contents Journal Entry One: Establishing expectations 2 Journal Entry Two: The development plans 5 Journal Entry Three: Making Progress 8 Bibliography 11 Journal Entry One: Establishing expectations Ben Tomason and Megan Scott (me) – via skype video chat Word Count: 848 Part two of a three part study by (McComb 2012) highlights the risk of limiting the coaching success that is associated with poor compatibility between a coach and coachee, a theory supports the earlier findings of (Boyce, Jackson, and Neal 2010). Though this could have been a concern for me as I openly put myself up as the first member of a triad I feel the risk was limited given our mutual agreement to participate as part of the course undertaking. Once I knew who my partner was I also took the time to read his (Ben Tomason’s) student home journal, review his 360 profile report and Leadership Development plan, activities which were reciprocated by Ben prior to our first scheduled coaching session. I believe this early openness to sharing and interest in the other party these actions assisted to minimise the any concerns related to compatibility and also went some way to establishing mutual trust. A study by (Hannafey and Vitulano 2012) on ethics with relation to executive...
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...Two of the biggest challenges that financial managers face todayare controlling spending and improving profitability, and self-moraleand motivations. Although, healthcare has been a huge challengeand is being nationally debated about on a daily basis, (Forexample, Hobby Lobby), controlling spending and improvingprofitability, and self-morale and motivations takes preference, (inmy opinion), because they will always take precedence overhealthcare. Self-morale and motivations which refers to theaccountability or financial integrity is now being referred to as the “crisis”. (Ethical Conduct, Frederick Militello and Michael Schwalberg). As a result from lack of confidence in integrity-based financialleadership , “two ideal portraits of ethical behavior emerged: the“Ethical Intelligent Financial Executive” (EIEF) and the “EthicallyIntelligent Financial Organization” (EIFO).” (Ethical Conduct, Frederick Militello and Michael Schwalberg). Being aware that financial integrityembodies all activities that support the complete and accuratemaintenance of financial records at a company in which these records act as a fair representation of a company’s financial position to all stakeholders, the EIFE and the EIFO, has foundit imperative to implement ethical dilemmas training to ensure that one’s own integrity holds accountability for their actions. By implementing these situations, the financial executives becomesaware of the multiple pressures that may potentially impinge (have an affect or negative impact) on one’s integrity...
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