...North Face Case Questions 1. Should auditors insist that their clients accept all proposed audit adjustments, even those that have an “immaterial” effect on the given financial statements? Defend your answer. No, clients are not required to accept all proposed audit adjustments that need to be made to the financial statements. However, the auditor is required to challenge management to justify not recording these adjustments. Regardless of the justification, the auditor needs to be aware that even if theses misstatements don’t effect the financial statements they can lead to material misstatements that can be in other parts of the financial statements. The possibility of prior financial statements containing material misstatements is of concern as well as material misstatements showing up in future audits. The auditor is required to document the nature and effect of the misstatements as well as the conclusion as to whether the misstatements can cause the financial statements to be misrepresented (PCAOB. 2002). 2. Should auditors take explicit measures to prevent their clients from discovering or becoming aware of the materiality thresholds used on individual audit engagements? Would it be feasible for auditors to conceal this information from their audit clients? The materiality threshold is going to vary from organization to organization but auditors have long used the materiality threshold in the preparation and audit of the financial statements of 5%. If the auditor...
Words: 1307 - Pages: 6
...Conclusion This concluding chapter evaluates the implications of this research project through five sections. First, a postscript briefly recalls the process of US-North Korean interaction from the transition to the Administration of George W. Bush in 2001 to Pyongyang’s June 2008 demolition of the cooling tower at the Yongbyon nuclear facility. Secondly, and based on the findings of my empirical case study in Chapters Four and Five, I comparatively examine the strength of offensive realism, defensive realism and constructivism in explaining the extent to which US-North Korean security competition was mitigated from 1993 to 2000. The third section considers the implications of this research project’s findings for the ability of policymakers to exercise security dilemma sensibility. The fourth section concludes this PhD thesis by laying out a proposed research agenda that builds on the findings of this research project. 1. Postscript: Transition to George W. Bush George W. Bush succeeded to the US presidency in early 2001 on a political platform that pointed to elements of ideological fundamentalism and assumptions of inherent bad faith in Pyongyang. Robert Woodward argued that the Bush Administration’s outlook was based on moral absolutism that cast the US as a crusader against the ‘evil’ North Korean leadership. Similarly, Charles L. Pritchard, who served as National Security Council Director for Asian Affairs under the Clinton Administration, and the US Representative...
Words: 9664 - Pages: 39
...INTRODUCTION Background of North East India Consisting of seven states, the north-eastern part of India is bounded by China in the north, Bangladesh in the south west, Bhutan in the north west and Burma in the east. Isolated from the rest of India, both geographically and economically, this region is tenuously linked to the rest of the country by a narrow corridor running 56 kilometers through the foothills of Bhutan and Sikkim to the state of West Bengal. As the region abruptly descends to the plains of the mainland, cultural, social and economic contrasts are strongly evident. There is an ongoing struggle by people trying to establish their right to autonomy, in most of the seven north-eastern states, which has led to political instability, strife and outright violence in the region. Strong inter-ethnic rivalries have aggravated the cycle of violence. In Assam, these resulted in the anti-foreigners movement that lasted for six long years, insurgency and of late, the BodoAdivasi ethnic violence. In Manipur, as in other states in the North East, the movement for autonomy took violent turns. Army operations intensified the violence. Political unrest has created difficult conditions for the different communities in the region. Traditional community cohesiveness and the ability of rural people to determine their own course has been seriously undermined. The problems of the rural population are further complicated by geographical isolation, deficiencies in the infrastructure...
Words: 18661 - Pages: 75
...Robert Donnelly IS 816 Review Essay Week 6 6 February 2005 Institutions, Institutional Change and Economic Performance by Douglass C. North Cambridge University Press, 1990 1. Summary of the major arguments North begins his book by stating that “institutions are the rules of the game in a society or, more formally, are the humanly devised constraints that shape human interaction.”(3) That being said North then proposes to examine institutions, changes in them, and their impact on economic performance over time. He has divided the book into three parts. Part I is the examination of the nature of institutions and their manifestations for economic performance. From there, Part II outlines the theory of institutional change and how it explains how past behaviors influence present and future behaviors. It also explores the impact of incremental changes within institutions and its effect on the nature of path dependence. Part III is the primary objective of the North’s work. It is to understand the differential performances of various economies through time. The author is careful to make the distinction between institutions and organizations. Both are components of the structural framework that supports human interaction but they are not the same. As stated previously, institutions can be considered the rules of the game and organizations can be considered the players. The purpose of the rules is to define the way that the game is played. Organizations are groups of individuals who...
Words: 1835 - Pages: 8
...Case Study Objective- Bisleri International was looking for expansion and that the Company wanted to make a strong foothold in North India, especially in the regions of Gorakhpur, Varanasi, Allahabad and other parts of Northern India. The Company was planning to set up new plants and that wanted to add more franchisees in their list. Strategy - The Strategy was to make probable associates aware about the plans of Bisleri International expansion in Northern India through focused communication strategies and enhance the level of Market Penetration in mentioned locations. Communication – Expansion plans were highlighted in all the communications wherein locations as well as future plans were highlighted which could further attract probable associates. Key Messages – Product Specific New Products (Face spray, Flavored water etc.) in the Portfolio Make bottled water available in every corner of Northern India To invite more associates for Product distribution Strengthen its product reach in Northern India Industry Specific Increasing demand of bottled water has led to rising demand of Bisleri Products To Compete in the market Bisleri now need more Market Penetration Brand Recall in terms of Corporate tieups Target Audience – Investors, Corporate, Associates, Franchisee Owners Proposed PR Plan to Bisleri International PR Tools One-on-one interviews Press Releases Stories Online Media Media Mix Business dailies Vernacular media Wire agencies Target...
Words: 706 - Pages: 3
...and not necessarily complementary sets of institutions: (i) those that foster exchange by lowering transaction costs and encouraging trust, and (ii) those that influence the state to protect private property rather than expropriate it. 1 The first set of institutions includes contracts and contract enforcement mechanisms, commercial norms and rules, and habits and beliefs favoring shared values and the accumulation of human capital. Among the second set of institutions are constitutions, electoral rules, laws governing speech and education, and legal and civic norms. Today’s underdeveloped countries must acquire these institutions under particularly difficult conditions -- in a global market competing with already developed countries (North 2002). Although there may be some advantages to 1 I use the term development to mean countries which have achieved a level of per capita income that puts them in the World Bank’s high income category (above $9,266 in 2000), as well as high scores on selected social indicators (life expectancy at birth of over 70 years, infant mortality rate of less than 10...
Words: 6045 - Pages: 25
...A Case Study on IKEA in 2013: Furniture Retailer to the World Prepared for: Md. Rashedur Rahman Assistant Professor Department of International Business University of Dhaka Prepared by: SL No | Name | ID No | 1. | Ummay Sumayea Kotha | 8015-16036 | 2. | Md. Abu Syed Khan | 8015-16070 | 3. | Md. Naoshad Jaman Chowdhury | 8015-Th16082 | Section: A, Theory and Practice of International Business (EIB- 510) Department of International Business. Date of submission: August 02, 2015 Case Study - IKEA in 2013: Furniture retailer to the world Elevatory Pitch: This case is focused on IKEA, which is now another name of success. Because it started small by a person named Ingvar Kamprad but at first it wasn’t a furniture retailer. He used to sell other products, later he added furniture to his product line. His furniture business boomed because he was the one offering better products and a lower price. During that time furniture used to be expensive in Sweden so his easy on the pocket priced furnitures became a hit. At first it was an order based service later on they opened the first ever self service store of their kind. Their business expended to other countries as well. Things were going right but challenges were present too. Because different countries had different cultures so it becomes tough for them to get along in North American culture. But they managed it by becoming flexible...
Words: 635 - Pages: 3
...problem in the United States compared to other countries. It outlines factors and reasoning as to why the obesity rate in the United States is higher than other countries. These report further address points of health care cost, political issues, and proposed policies and laws related to obesity concerns in the United States and in the State of North Carolina. Further strategic efforts toward the prevention of obesity with government support and individual dedication will considerably reduce health care cost, chronic diseases, and the high mortality rates associated with obesity and prolong the overall life expectancy of the country’s population. Key Words: Obesity, Cost, Policy, Rate, Cause Application of Epidemiology to Obesity Over the past decades the U. S. population has experienced a drastic change in their dietary habits and physical activity patterns. These changes have worsened over the years. Their consumption of nutritional food and drinks and their desire to participate in regular activity has declined dramatically. The results of this trend have caused a rise in the obesity rates, chronic disease cases, and health care costs. Sadly but true, the American people are dying at an alarming rate as the result of their choice of lifestyle which has lead and is leading them further into increased rates of overweight and obesity. The country is in dire need of a serious health care intervention concerning the rising obesity problems. Failure to...
Words: 2519 - Pages: 11
...are the subjects of a study, or when there is no sampling frame available. This method involves making contact with one member of the population who will be studied and then asking them to name one or more possible contacts. Identify two types of quantitative research method. [4 marks] * Surveys * Case Studies Identify one advantage and one disadvantage of selecting a non-representative sample. [4 marks] * Advantage: Studying non-typical people can be more helpful to a study because they may help generate theoretical insights. (Glaser and Strauss) * Disadvantage: Can be time consuming to form, for example the snowball technique of sampling would take a large time to acquire a range of participants. Using information from Item A and elsewhere, examine the advantages and disadvantages of longitudinal studies. [20 marks] A longitudinal study is done at regular intervals over a long period of time. They are often large-scale quantitative surveys and tend to be used by positivists, although some studies, for example the Seven Up study which followed 14 kids from the age of 7 every 7 years as they grew up, are more qualitative and preferred by interpretivists. The example given in Item A of the North-West Longitudinal Study is an example of quantitative data being collected. Like most research methods, longitudinal studies have both their strengths and limitations. The example given in Item A, of the North West Longitudinal Study, involved following several...
Words: 829 - Pages: 4
...inclined towards the field of science and technology, being allured by its sheer vastness and the plethora of knowledge. My desire to pursue graduate studies in the field of Computer Science and Technology is a cumulative result of my interest in it and my strong desire to contribute something meaningful to the society to the best of my abilities. I believe graduate study will refine and sharpen my skills and help me in realizing my goal as a research scholar in an academic or a commercial research oriented organization. The desire to explore and innovate in academic and research-oriented setting, leads me to apply to the Master of Science program in Computer Science & Engineering at the University of North Carolina, Chapel Hill...
Words: 1281 - Pages: 6
...In the Northwest Indiana article titled “Sexting case highlights quandary over child porn laws” a case taking place in Fayetteville, North Carolina. The case involves two teens who exchanged “naked selfies”. The photo was found in October of 2014 when the mother of the male teenager allowed investigators looking into a suspected statutory rape to look through her child’s phone without a search warrant. Although the teen, was not considered a suspect or a witness, investigators believed that there may be information about the case on his phone. Throughout the investigation of his phone, a picture of the teen’s girlfriend who was determined to be underage was found by authorities, initiating the sexting investigation. The two teens involved...
Words: 1059 - Pages: 5
...CXC SOCIAL STUDIES PROJECT SCHOOL BASED ASSESSMENT (S.B.A) (YEAR 2016) NAME OF CANIDATE: MARISSA MAISON SCHOOL: NORTH GEORGETWON SECONDARY SCHOOL CENTRE #: CANDIDATE #: TEACHER: TASK ONE (1) STATEMENT OF PROBLEM * SUICIDE What are the causes and effect of suicide among teenagers and the solution to the problem. TASK TWO (2) REASON FOR REASEARCH Suicide has become more widespread and has taken a big boot tool on Guyana, not only as a country but various communities. Campbellville was studied because it has become more massive in this area. This study was done to examine why suicide is prevalent among adolescents and to inform and prevent teenagers about suicide in the community TASK THREE (3) METHOD OF INVESTIGATION In order to collect data on this investigation I decided to use a questionnaire. The questionnaire as a tool of investigation has a number of advantages namely * Questionnaires are answered easily by a person with a busy schedule because there are hardly any essay questions. * Questionnaires hardly require a lot of time to be answered. * It is guaranteed to be confidential since the respondents are not required to place their name on the questionnaire. T ASK FOUR (4) INSTRUMENT USED TO COLLECT DATA COPY OF QUESTIONNAIRE SURVEY ON SUICIDE IN THE COMMUNITY AND HOW THE FAMILIES ARE AFFECTED BY IT Dear respondents, I am a student of North Georgetown Secondary. This survey is being carried out in Campbellville to examine...
Words: 829 - Pages: 4
...discrepancy between opposing races taking offense to the mascot used by both schools. In the case of Florida State University, the school has developed a mascot (Chief Osceola) that portrays the American Indian as an aggressive savage. “When Osceola leads the FSU football players onto the field, he signifies armed resistance, bravery, and savagery, and his appearance builds on the prevailing understandings of Indianness that construct Native Americans as aggressive, hostile, and even violent” (King and Springwood [2000], p. 285). This portrayal of savagery is at the heart of the arguments by native Indians to remove their names from colleges using their image as a motivational and war-like incentive. I have never viewed the mascots of colleges as being an offensive form of racial disparity, but this article made me view this issue from the other side and opened my eyes as to why groups of people may be offended by how their name is being represented to the public. For example, I grew up an avid sports fan, but history never really caught my interest. Therefore, my view of the American Indian is distorted from the reality of their true image because I have only seen their name used as rally call for battle in a football or basketball game. King and Springwood (2000) elaborated on this issue by stating, “To characterize the indigenous Seminole people or any other native nation of North America as warlike or bellicose dehumanizes them and demonizes them. More important, it disregards...
Words: 1769 - Pages: 8
...AMERITECH IN THE PHILIPPINES: FAILURE TO ADJUST TO FILIPINO CULTURAL NORMS? Charles A. Rarick, Purdue University, Calumet Arifin Angriawan, Purdue University, Calumet Inge Nickerson, Barry University CASE DESCRIPTION The primary subject matter of this case concerns itself with cross-cultural issues and is appropriate for courses in cross-cultural management, international management, international business, and human resource management. The case has a difficulty level of three or four. The case is designed to be taught in 1 – 2 class hours. CASE SYNOPSIS An American computer supply company moves its operations to the Philippines in an effort to be more cost competitive but experiences cultural shock as it attempts to institute greater efficiency. The case details the struggles of the plant manager, William Dawson, as he learns the challenges of managing the “Filipino way.” The case includes issues such as pakikisama, face saving, and collectivist behavior. INTRODUCTION AmeriTech was started in Lexington, Kentucky by a small group of former IBM employees who accepted a buyout package offered by the company when the Lexington division was reorganized in 1991. Originally, AmeriTech produced computer supplies such as ink cartages, cables, and other small computer supplies in a facility in North Carolina. The operation proved successful as the demand for such products rose globally, however, over time AmeriTech found itself less competitive in terms of cost over rivals from a number of...
Words: 2673 - Pages: 11
...Marine Ecology, May 9 -16, 2008 Lecture 8 & 9: Biological interactions in the intertidal I. Overview: Effects of biological interactions on zonation/distribution of intertidal organisms. A. Joe Connell (1972) proposed that physical factors (especially tolerance to desiccation) were most important in setting UPPER limits of species distributions, while biological interactions were more important in setting LOWER limits. 1. More recent studies show that upper limits can also be modified by biological factors, but still many cases where upper limits are related to physical factors. B. A variety of interspecific interactions and other biological processes have been studied to determine how they influence intertidal zonation, as well as distribution within a zone (for different microhabitats). This lecture focuses on those interactions and processes. II. Competition for space A. Example: Vertical distribution of the barnacles Chthamalus and Balanus/Semibalanus. Classic work of Joe Connell (1961) 1. Key observations a) Patterns of larval settlement: overlap in higher zones (see diagram) b) Patterns of adult distribution: Chthamalus higher than Semibalanus; no overlap at sites where both are found c) If Semibalanus is removed/excluded, the lower limit of Chthamalus is extended into the upper-mid-intertidal, but no further. •...
Words: 2981 - Pages: 12
