...ACCT 101 NOTES 8/27 CH. 1: Introduction To Financial Statements Forms of business organization. Ethics In Financial Reporting United states regulators and lawmakers were very concerned that the economy would suffer if investors lost confidence in corporate accounting because of unethical financial reporting. * Recent financial scandals include: Eron, Worldcom, HealthSouth, AIG, and others. * Congress passed Sarbanes- Oxley Act of 2002 (SOX) * The Public Company Accounting Reform and Investor Protection of 2002. Protects shareholders and the general public from accounting errors and fraudulent practices in the enterprise, as well as improve the accuracy of corporate disclosures. * Effective financial reporting depends on sound ethical behavior. Solving An Ethical Delimma * Recognize an ethical situation and the ethical issues involved. Use your personal ethics to identify situations and issues. Some businesses and professional organizations provide written codes of ethics for guidance in some business situations. * Identify and analyze the principal elements in the situation. Identify the stakeholders – Persons or groups who may be harmed or benefited. Ask the question: What are the responsibilities and obligations of the parties involved? * Identify the alternatives and weigh the impact of each alternative on various stakeholders. * Which of the following did not result from the SOX? Tax rates on corporations...
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...In conclusion, I preferred Lila Abu-Lughod’s piece over by a very small margin than Ziba Mir-Hosseini’s. This wasn’t because I had some level of difficulty reading Abu-Lughod’s piece which made me look deeper into the piece itself, but because I think even with other groups that aren’t a part of a very mainstream understanding of feminism it’s difficult to work towards benefiting one ascribed status without doing the same for the other. I think Lila really spoke to the issue a lot of women who aren’t Western or European white women, non-heterosexual, able bodied, and so on and it’s the problem of not seeing yourself represented or in need of “saving” that doesn’t look into cultural differences and the differences in how people have to ebb and...
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...Throughout the Intuitionist, Lila Mae must endure the probing of arbo, the fall of the Fanny Briggs, doubts about Fulton and ultimately her, racial identity. Because Lila Mae is so driven, we often overlook her withdrawal from the elevator guild, but, this is what drives her to develop ownership of racial change. Being the first African American women in the elevator institute, Lila Mae remains focused on school and ignores discrimination, forcing her to become withdrawn. "Occasionally professors called Lila Mae by his name, even though it would have been difficult to say there was any resemblance. Lila Mae never pointed the mistake out to her professors..." (44). In front of blatant racism, Lila Mae chooses to remain composed. She uses non-inflammatory language because she does not want to anger her professors, remaining withdrawn from the rest of the class. In her little janitors closet, Lila Mae studies to achieve her dreams and tries to isolate herself from the discrimination of the north's schooling system. Ultimately, she never has the strength to protest, and she internalizes all the hate pointed towards her....
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...is a very impulsive person and a bad influence on Lila. Eve and Lila meet at the support group. Eve says that she has a daughter that was murdered but throughout the film we do not hear very much about her. Eve from the very beginning is sort of harsh, when she first meets Lila she does not want to be her sponsor and acts as if the support group is a joke, at one point saying that talking is pretty much a joke and doesn't do anything. She also bashes...
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...castle and immediately inhaled the aroma of fanciful feast. With that, the make-believe kingdom melted away as Lila and Oliver’s stomachs brought them back to reality. Miraculously, Lila and Oliver’s imaginations were intertwined in way that they played well with each other. They were the best of friends, and the worlds they created together felt vivid and realistic....
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...Dubois stiffened when, over the rim of his glass, he noted Lila Ross enter the bar and walk in his direction, however, it wasn't from nerves, but excitement. Apart from the morning he'd snuck into their residence, this would be the first time he'd speak to the woman, Mark could already feel an erection burgeoning as he subtly slipped from his seat, and addressed Lila Ross, elicited by the fact the woman had no concept that behind his identically coloured green orbs lay the mind of the rapist and killer who'd transformed her once beloved husband into a monster, and destroyed her marriage. "Is this seat taken?" He took care not stare too intently when he dropped into the stool, ordered a fresh drink, and then turned back to face Lila, casually pressing his knee to hers, and grazing her arm with his fingertips as he listened. "Truth be told, I'm not sorry", Mark grinned and issued a self-deprecating shrug to acknowledge she'd caught him out, "although I do know what it's like to live an unhappy marriage."...
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...a quiet, calm atmosphere but on this day everything changed. Miss Lila was known to be a motivator but she only approaches situations that she likes and she constantly avoids events that she does not like. Miss Lila helps around the office on a daily basis and makes sure all her work for the day has been completed before all the deadlines and pay dates. She alongside Miss Duprey who is known to be very goal oriented and always thinks more about the future. Unfortunately, Miss Duprey had a problem with her limbic system so processing and controlling her emotions were difficult for her. Miss Duprey continuously had mood swings when she did not take her medicine on time. This made it hard for her to evaluate a situation when her emotions were aroused. At 4:00pm that day, a document that was placed onto Miss Lila’s desk went missing when she stepped out. On entering the office she realized, it disappeared. She then turned to Miss Duprey to ask her for the document. Miss Duprey replied stating that she did it already and it was sent up to type. The very next day Mister Manning, the supervisor came looking for the same exact document. When he asked Miss Lila about it she denied ever seeing it. He then, asked Miss Duprey who said that she last saw it on Miss Lila’s desk. Miss Duprey forgot that she was the one that did the write up for the document and sent it to type. While Miss Duprey went her merry way, Miss Lila felt it was her obligation to right Miss Duprey’s wrong and have her...
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...teacher and football coach, shared that this is the third known suicide attempt by Savannah. The first suicide attempt occurred at the age of thirteen following a brutal home invasion and rape that also included her mother and twin brother. The last attempt occurred two years prior subsequent to the death of her older brother, Luke Wingo. Tom says that he has been experiencing an increasing sense of worthlessness and marital discord since his brother died. Tom and his wife Sally are involved in intimate relationships outside of their marriage and have made no permanent decisions about their future. They share three daughters ages 6, 9, and 12. Savannah and Tom’s parents, Henry Wingo and Lila Newberry, have a history of violent physical and emotional abuse which led to a divorce 22 years earlier. Lila is remarried to Reece Newberry, a local socialite; Henry remains single and leads a primarily isolated existence. Both parents are...
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...Hühner finden, dass die Schweine dreckig sind. Sie mögen keinen dreckig Ferdern, und sie wollen mit dem Schweinen nichts zu tun haben. Eines Tages lernt Theophil Lila kennen. Lila ist eine altes Huhn, das keine Eier mehr legt. Die anderen Hühner sind böse auf sie, weil sie Eier von den anderen Hühner geblaut hat. Theophil und Lila verbringen viel Zeit zusammen. Eines Nachts sehen sie einen Fuchs, der ein Huhn stehlen will. Theophil sagt zu ihm, dass die Hühner in den anderen Stall gezogen sind. Der Fuchs geht dahin und die Schweine trampeln auf ihm. Am Ende sind die Schweine und die Hühner nett zu Theophil, weil er den schlauen Fuchs reingelegt hat und hat die Hühner geholfen. In einem Märchen findet man folgenede Elemente: fantastische Welt, nicht zu kompliziert Figuren, und ein Happy End. Zum Beispiel in diesem Märchen, das Welt ist fantastisch, und das Zeit und Ort sind unbestimmt. Die Figuren sind Tieren, die sprechen können und sind nicht zu kompliziert. Ein Beispiel für das Happy End findet man am Ende, als die Schweine und die Hühner nett zu Theophil sind. Aber das Märchen hat ein paar Elemente, die nicht typische sind. Zum Beispiel, in einem typischen Märchen findet man Gegensatz zwischen Gut und Böse. Aber in diesem Märchen, Lila ist gut, obwohl sie Eier geblaut hat. Eines anderen Beispiel ist, dass Theophil und Lila Innenleben und Gefühle haben. Alles in allem kann man sagen, dass das Märchen...
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...Quantitative Analysis for Management Decision Making Process 1. Sue Pansky, a retired elementary school teacher, is considering investing in starting Right. She is very conservative and is a risk avoider. What do you recommend? Well since Sue is conservative and likes to avoid risk, the first thing I would tell her would be to determine the actual risk factors that would be involved with investing in this startup company. How well does she think the company can do, will the general public take to the new product. I would then tell her to come up with different courses of actions i.e. investing and how much or not investing at all. I would then tell her to explore all possible outcomes of investing, such as the company could fail miserably and she could take a financial loss of half of the initial investment of $30,000, or the company coming out with a healthier new product could catch like a wild fire and expand throughout the country and other countries bringing 4 times the amount of the initial investment. This would be a big payoff for sue and the company. Because it is new concepts that are healthier for babies I feel as though it would be a good product, so I would advice sue to invest in common stock. 2. Ray Cahn, who is currently a commodities broker, is also considering an investment, although he believes that there is only an 11% chance of success. What do you recommend? Because Ray is only...
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...Veiled Sentiments: Honor and Poetry in a Bedouin Society Jamal Abdullah Veiled Sentiments: Honor and Poetry in a Bedouin Society by Lila Abu-Lughod is a book about an ethnographic study that explores the diverse culture in a rural Bedouin community among the Awlad Ali tribes of the North West of Egypt. Lila’s central argument is that there are two methods of discussion used by Bedouins, one that shows honor and humility and another which is the complete opposite, having people that display emotions that might expropriate a position of honor. The ambiguity is used as proof by Lila in which she states that “it is impossible to reduce Bedouin culture to the official social and moral ideals encapsulated in the code of honor and modesty” (Abu-Lughod 1999: p. 17). The book is divided into two major sections with each one focusing on a particular subject. The first part talks about the ethics and beliefs of Bedouin social life. The second one investigates the discourse on state of mind and conviction. In her talk of her philosophy, she offers a third person point of view in characterizing the indulgences of the family relationship. She spends a great part of the four sections demonstrating the standards of Bedouin and its establishments in maintaining goals and honor. The second area of talk demonstrates that Bedouins can and do lock in their day by day battle to maintain those goals; poetry is an essential tool that permits them the space to express some resistance against...
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...Starting Right Corporation Case Study Abstract Julia Day watched a movie about a career woman leaving her job to start a baby food company. Julia wished to start her own baby food company, so she began developing ideas about the type of product she wanted to produce, how to package it, and the resultant quality of the product. Julia also made considerations for the type of people she would like to have work for her new company. Her determination allowed her to find suitable people to help her develop a preliminary offering of her baby food. The new baby food was received well in a small-scale study. Thereafter, Julia and her team needed to raise funds. They considered three options: corporate bonds, preferred stock, and common stock. The financial characteristics of potential investors, the return rates for each option, the market, and the future inflation rate were all evaluated regarding impact on getting the company off the ground. This case study evaluation will serve to discuss the potential investment into Starting Right Corporation by others with varying perceptions of the possible success of the business. The development of legal documentation for the business and investment alternatives for parties who are risk-averse and risk-seekers will also be discussed herein. Sue Pansky, a retired elementary school teacher, is considering investing in Starting Right. She is very conservative and is a risk avoider. What do you recommend? Since Sue is cautious...
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...Laura Tiffany Lawson-Cassadine: April 24, 1974 in Richmond, Virginia; Providence, Rhode Island; San Francisco, California; Pasadena, California. Parents-Lorenzo Tyler Lawson and Lila’ Ray Tiffany Laura Lawson Grandparents: Lucas Tyler Lawson and Lana Tiara Lawson (Deceased); Luke Raymond Quartermaine and Lauren Tiffany Quartermaine (Deceased) Siblings- Lewis Tyler Lawson, sr. Husband: Nickolas Taylor Cassadine Children- James Tyler Van Lewen “Jamie” Julian Matthew Van Lewen, III(Adoptive son/Fraternal twins) Lorenzo Morgan Van Lewen Lana & Lorena Tiffany Van Lewen(Fraternal twins) Nathan Tyler Cassadine Julian Matthew Van Lewen, jr. “J.R.”: August 16, 1974 in Manhattan, New York; Richmond, Virginia; Providence, Rhode Island; San Francisco, California. Parents-Julian Matthew Van Lewen Sr. and Jessica Monica Van Lewen Grandparents: Jalen Malcolm Van Lewen and Jackie Meagan Van Lewen(Deceased); Jeffery Martin McMahon and Joan Margaret McCarthy(Deceased) Siblings- Joseph Micah Van Lewen Wife: Layla Alyssa Lang-Van Lewen Children- James Tyler Van Lewen “Jamie” Julian Matthew Van Lewen, III(Adoptive son/Fraternal twins) Lorenzo Morgan Van Lewen Lana & Lorena Tiffany Van Lewen(Fraternal twins) Jessica Mariannia Van Lewen “Jessie” Layla Alyssa Lang-Van Lewen: June 7, 1979 in Barcelona, Spain; San Francisco, California. Parents- León Antonio Lopez and Leticia Alyssa Lang-Lopez Grandparents: Levon Ángel Lopez and Leticia Alexis Diaz; Luis Alejandro Lang and Leigha...
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...This passage occurred right after Lila, Alice’s best friend, was raped by an intruder for unknown reasons. Lila made the decision to not pursue her rape case because it is too much for her. This quote shocked me because Lila witnessed a great deal of success with Alice’s case. As a rape victim, you would think Lila would want justice and want her rapist behind bars. Rather than justice, Lila would rather put her rape behind her and ignore it. This passage keeps me wondering why Lila does not want all the answers to her rape, she does not wish to know his motive or his identity. 4. “I moved on to number five. His build was right, his height. And he was looking at me, looking right at me, as if he knew I was there. Knew who I was. The expression in his eyes told me that if we were alone, if there were no wall between us, he would call me by name and then kill me. His eyes gripped on and controlled. I mustered all my energy and turned...
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...It was a joke. The kid’s a freak.” An epiphany rises from Sadie at this point. At lunchtime on the same day, Sadie tries to find Ryan and when she does, she bravely neglects the stares and silence of the surrounding people, of her “cool” friends, of Travis; She approaches Ryan’s table and sits where no one would dare, disregarding her social “sacrifice,” aware that it was what she truly wanted to do. In the final scene, Lila joins her and the small group of three leave the lunchroom together. Ollie disappears from Sadie’s imagination and his spirit moves on knowing that Sadie will be okay...
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