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More handpicked essays just for you.
The types of differences that exist between IFRS and U.S. GAAP
The types of differences that exist between IFRS and U.S. GAAP
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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 is defined as a process, effected by an entity’s board of directors, management, and other personnel, designed to provide reasonable assurance
Seth Stevenson has written an exemplary article denoting his opinion of Apple’s advertising campaign using PC man, actor John Hodgman, versus Mac boy, actor Justin Long. The commentary is well documented with examples and opinions generated from Stevenson’s experience and knowledge. He generates a sense of belonging, to some of the audience by appealing to the experienced PC user’s knowledge of PC functionality. This inclusion may be lost on those not well versed in PC usage, or those whose only knowledge is that of a Macintosh.
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.
However following the diagnosis of Alzheimer’s Disease, Alice’s self-worth plummets as uncertainty causes her to question her identity. Whilst comprehending her role and purpose in life, Alice struggles with her emotional responses as she grieves the loss of the person she was and the person she will become. Alice is not only affected by various emotions relating to her dilemma, such as fear of the unknown and disbelief over her inaccurate assumption of dementia stereotyped as an ‘older person’s disease’, but Alice also contends with negative internalised feelings, such as hopelessness, worthlessness and failure, brought on by the derogatory treatment and discrimination she receives from societal prejudicial attitude on account of her ‘label’. Alice becomes a target for differential treatment as the stigma surrounding mental health labels means Alice is assumed incapable of thinking and acting rationally; something which she herself starts to
The multi billion-dollar corporation, Apple Inc., designs and manufactures some of today’s highest technological gizmos and gadgets. Among their best known products are the Apple and Macintosh computers, iPods, iTunes, iPhones and iPads. Apple is one of the most powerful and influential high tech companies in the world. The success of Apple Inc. stems from the innovation and visions of co-founder and entrepreneur, Steve Jobs, the excellence of the stylish, user-friendly products, and the ability to create innovative products that consumer’s desire.
Since 2010, Apple has been one of the most valuable companies in the world. Apple has owned the top slot on an annual basis from 2012 onwards. Apple is an American multinational corporation that designed, manufactured and marketed a range of personal computers, mobile communication and media devices and portable digital music players and sold a variety of related software, services, peripherals, networking solutions and third party digital content and applications. The company’s best known hardware products include Macintosh computers, the iPod, the iPhone and the iPad. Apple software includes iTunes media browser, the iLife suite of multimedia and creativity software, the iWork suite of productivity software and Aperture, a professional photography
The level of assurance that the audit report will offer should be foolproof in that it will cover all the risky areas. The report will make sure that the company is covered from an audit professional perspective. All the risk that may face the company in this regard will be covered completely (Turley, 1997).
The oversight responsibilities of the board, the CAE lacking of expertise or broad understanding of financial controls and responsibilities, and the understaffed internal audit functions lacking of independence and direct access to the board of directors contributed to the absence of internal controls. To begin with, the board should be retrained to achieve financial literacy to review financial reporting. Other than attending formal meetings, the board of directors should be more involved with the management. For the Audit Committee, the two members who were recruited as acquaintances to Brennahan need be replaced with experts who are more sufficiently knowledgeable about accounting rules beyond merely “financially literate”. Furthermore, the internal audit functions need to expand with different expertise commensurate with the expanded activities of the organization, testing financial reporting rather than internal controls from an operational perspective. The CAE should be more independent and proactive to execute audit plans, instead of following orders from the CFO, and initiate a direct and efficient communication between internal audit and audit
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.
Apple was originated from two friends, Steve Jobs and Steve Wozniak. Apple Incorporated is an American Multi National Corporation that designs, develops and sells electronics, software, and personal computers to their consumers. Once apple was released it was already a step ahead of most computers. The apple company offers a large variety of mobile devices, computers, and laptops such as the IPhones, Macs, I Pads, IPods, ITunes and more. Apple has been selected as a winner for marketing excellence for five consecutive years. Steve Jobs had effective and unique visions and insights on what people wanted with technology.
(i) Judgement and materiality play a significant role in helping to ensure that the selection of accounting policies in presenting the financial statements for a true and fair picture of the company’s financials. This means that entities should provide the financial statements with comparability, consistency and clarity to users of these statements. Entities must follow accounting policies required by IFRS and AASB should be relevant to particular circumstance.
Apple Inc. Founded by Steve Jobs, Ronald Wayne, Steve Wozniak in April 1, 1976, is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers.
Human rights are established on the standard of respect for the individual. They are described as the essential liberties which every human holds for the fact that they are human. The notion of human rights developed through changes in thoughts and ideas which evolved during the era of Enlightenment, Protestant Reformation, and the Renaissance (“Human Rights”). The notion of human rights gained traction throughout the world resulting in the adoption of new principles in the 20th century (“Human Rights”). The first principle was emphasized on the individual, securing the rights of life, freedom, and protection (“Human Rights”). These rights impacted individuals as they could live without fear knowing that they are safe (“Human Rights”). The second principle impacted groups and prevented these groups from the abuse of others (“Human Rights”). As the notion of human rights spread, new laws and regulations were created to enforce these principles during the 20th century (“Human Rights”).
Overall, the company is having ineffective controls regarding different departments and in the whole organization. An effective internal audit department should be established within the organization which should test the effectiveness of these controls on regular basis and make it sure that all controls are working effectively and efficiently with the different departments of the organization. Also the Internal auditor should implement the most effective processes and measures to prevent and detect the fraud, corruption and non compliance with the laws and regulations in the organization. Establishment of internal audit committee would be helpful in this regard which comprises of executive and non executive directors.
Apple Inc. was founded in 1976 by Steve Jobs, Ronald Wayne and Steve Wozniak. The tech giant is an American multinational corporation headquartered in Cupertino, California. Apple designs, develops, and sells consumer electronics, computer software and personal computers. Apple’s product range includes the Mac line of computers, the iPod music player, the iPhone smartphone, and the iPad tablet computer (Portable IT UK, n.d.).