The Act requires the CEO/CFO to certify
They have reviewed the annual and quarterly reports
Based on the officer's knowledge, the report does not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements not misleading
Based on their knowledge the fairness of the financial statements and the financial information included in the quarterly reports, fairly represent the financial conditions and the results of the operations of the issuer during the period covered by the report.
The design and implementation of internal controls, which would result in material information about the issuer and its subsidiaries being made known to the signing officers during the period of the report.
Evaluation of the efficacy of such internal controls within 90 days prior to the report and their conclusions about the effectiveness of such controls.
Disclosure of all deficiencies in the design and implementation of the internal control system to the external auditors as well as the audit committee and about any fraud whether material or not that has taken place by either employees or management who have a significant role to play in the internal control.
Any changes to the internal control including any corrective action that to remove deficiencies or material weaknesses, that may have a material impact on the controls subsequent to evaluation.
The penalty for false certifications is pretty stiff with fines ranging upto $1-...
Internal controls are in place to protect entities against theft from dishonest workers and outside predators. They are also an accurate series of checks and balances and are in place to find discrepancies.
The tone alone of The Day of the Locust is satirical, cynical, monotonic, and unsympathetic. Tod Hackett’s narration and point of view is intellectually critical of his surroundings and situations but strange and detached. Homer’s point of view and narration is unhappy yet innocent while he is living in a world working against him, and disconnected as well. The characters of the novel also further develop this black cloud hovering throughout the novel as well as Hollywood and its occupants. For instance, Faye Greener’s character: she is a young beautiful untalented wannabe actress. Her exterior is a façade like Hollywood. Her beauty is her only asset. She uses it to lure men, similar to the American Dream, to do her bidding, for fame, recognition, which does not pan out because of her lack of talent and intelligence. Like the American dream, her beautiful exterior is what is seen and marveled upon, ends in betrayal, disappointment, hurt, and ultimately tragedy. Faye plays roles, unable to be genuine, but has an alluring characteristic about her that seems to offer intimacy but never delivers. She, as Hollywood, is the failure of the American Dream, unable to deliver what she promises and only offering false hope. This can be seen when she prostitutes herself to pay for her father’s funeral that beauty, dreams, and fantasies are
In conclusion, internal controls include separation of duties, assignment of responsibilities, third-party verification and the use of mechanical and physical controls. In and of themselves, these tactics stop and prevent much abuse of the bookkeeping and accounting systems. The addition of Sarbanes-Oxley requirements in 2002 require that a company enact internal controls and assign responsibility of the control system to executives and directors, further providing insurance that financial reporting is accurate. Without this insurance that reports are accurate, company stock will fall and investors will be lost. Even with intrinsic limitations, the positive aspects of good internal controls far outweigh the negative implications. Good internal controls equal accurate financial records and future company success.
Napp, Carol. (2012). Am. sub. sb 83: Final analysis. Ohio Legislative Service Commission. Retrieved from http://www.nursing.ohio.gov/PDFS/AdvPractice/SB83_Analysis.pdf
In 1984 Apple decided to implement this idea in its famous “1984” Macintosh commercial video and introduced their vision of the future of information era. In accordance to this strategy they described dystopian world that is related to the world where IBM dictates its rules, while Macintosh is depicted as a tool of resistance to this dictatorship. Through the facts known to the audience, intensely used in the emotional appeal, combined with the bright images of dystopian society, Apple’s was able to make one of the most outstanding ads in history.
A common stigma with health care professionals is the stigma of hopelessness with dementia and that there is little to be done for someone living with dementia. As there is no existing medical cure for AD and dementia, current treatments focus on briefly improving the symptoms and supportive care for the individual and their family. The element of incurability becomes a focus for health care professionals
It is my position and with no doubt many other nursing positions that Ohio lawmakers need to pass laws to stop this mandatory overtime practice for nurses in the state. Failing to do so, Ohio will continue leaving both the nurses and the patients at risk. The cost of any mistakes or medical errors resulted from nurses’ fatigue and tiredness can be unprecedented. We need action now, to protect the patient as well as our staff nurse in the state of Ohio.
On April 17th 2013, Senator Barbara Boxer (California) introduced a federal bill that is aimed to reduce nursing shortages by establishing a minimum nurse-to-patient ration in hospitals. She is also ordering whistleblowing protection for nurses who report quality-of-care violations. The law requires that every hospital implement a written hospital-wide staffing plan that will guide the assignments to...
Internal controls are a big factor in a company’s growth and value. Proper accounting practices are a big part of this process. Following the scandal caused by the unethical practices used by companies such as Enron, Tyco, Global Crossing and Worldcom, the Sarbanes-Oxley Act of 2002 was enacted. This act held companies accountable for their actions. Companies could either face fines, imprisonment or both if the act was not followed. Also, if there are deficiencies in a company’s internal control, stock prices can plummet. There are many physical, mechanical and electronic controls involved in internal controls. Some of these are good controls while others, even though helpful, are not as effective as others.
Apple is the world's second-largest information technology company by revenue and the world's third-largest mobile phone maker. “Fortune” magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012.
In almost every part of the world Apple and at least one of their products is known. The Apple brand started in the 1970s. Three men founded the organization in 1976, to produce a computer that every citizen could use personally (Sohail, 2010). The first item released was the Apple 1 personal computer kit made by Steve Wozniak (Sohail, 2010). Through the 70s, Apple concentrated on developing storing technologies such as the floppy disk and the use of color, graphics, and spreadsheets used for business (Sohail, 2010). Apple was about to have their first major product release with a million dollar ad campaign. This was the release of the Macintosh personal computer, which also led to Apple’s great reputation (Sohail, 2010).
Apple is “the world’s most colorful company,” Linzmayer, Owen . Apple Confidential 2.0. 1st. San Francisco, CA: No Starch Press, 2004. When looking at its meager beginnings Apple’s influence on the media could only be described as unique. Their product, style, and overall beliefs make the Apple Corporation a multi-billion dollar company with a general appeal for all ages. It is getting harder and harder to be an individual, so with Apple you can “rise above the norm” and be unique. Recently, this unique corporation has taken the media by storm, with their new line of products. Right along side these new products are a full line of new commercials to go along with them. These new commercials spawned from years of creative marketing done on Apple’s part. Studying the history of Apple is necessary to understanding their influence upon us today.
In this approach, the focus will be on the internal control objectives so that the control design can be well assessed. First, the auditor will define the control measures and objectives and then find out which measures already installed meet the objectives (Tyrer, 1994).
A general definition of human rights are that they are rights and freedoms to which all humans are entitled to, simply because there human. It is the idea that ‘all human beings are born free and equal in dignity and rights. They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood.’ The thought that human rights are universal emerges from the philosophical view that human rights are linked to the conservation of human dignity- that respect for individual dignity is needed regardless of the circumstance, leading to the notion that human rights are universal. The earliest form of human rights can be traced back to European history- the French Declaration on the Rights of Man and of Citizen which says that men are born free and equal in rights.
Proponents of human rights argue that the concept’s universality rests in its non-discriminatory character- human rights are meant for every human being- rich and poor, white and black, men and women, young and old, leaders and followers, elites and illiterate, etc- and are all treated equally.