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What action by directors executives and professional accountants could have prevented the Enron and WorldCom debacles?
To prevent the Enron and WorldCom debacles, directors, executives, and professional Accountants could have prioritized transparency and ethical financial reporting. Implementing strict adherence to accounting standards and internal controls would have helped ensure accurate financial disclosures. Additionally, fostering a corporate culture that encouraged whistleblowing and accountability would have mitigated fraudulent practices. Regular independent audits and oversight by the board could have further deterred unethical behavior.
What else can I help you with?
Can an ex be prevented from selling assets?
Yes, an ex can potentially be prevented from selling assets if there are legal agreements in place, such as a divorce decree or a court order, that restrict their ability to do so. Additionally, if the assets are jointly owned, both parties typically must consent to any sale. If there are concerns about asset dissipation, one may seek a temporary restraining order from the court. However, the specific circumstances and applicable laws will vary, so consulting with a legal professional is advisable.
What is backpay?
Backpay is a withheld payment for work which has already been completed, or which could have been completed had the employee not been prevented from doing so.
What steps can be taken to prevent budgetary slack?
budget slack can be prevented by good alignment between budgeting process and the organization's strategy which achieved by communication and coordination between top management and line managers or strategic business units to ensure that all line managers have the same perspective about achieving the organizational goals.good implementation of budgetary control also plays a role in preventing budgetary slack.
What is environmental and natural resource accounting?
Natural resource accounting is an systematic process of analysing and formulating the natural resource depletion. In other words it is an accounting for natural resources similar to profit and loss i.e. harmful effect to the environment and natural resources versus the steps taken or benefits prevented from the human efforts to the environment. Hence, human uses the natural resources and that is why is accountable for the sustainable development of the environment.
How can depreciation of physical resources be prevented?
Depreciation of physical resources can be mitigated through regular maintenance and timely repairs, which help extend the lifespan of equipment and facilities. Implementing a preventive maintenance schedule allows for early detection of wear and tear, reducing the likelihood of costly breakdowns. Additionally, investing in quality materials and technologies can enhance durability, while employee training on proper usage can further minimize damage. Lastly, regular assessments and upgrades can keep resources aligned with current standards and operational needs.
In 1914 the Clayton Antitrust Act prevented a merging of corporations that would have intertwined?
boards of directors
Which segment of its operations got Enron into difficulties?
1. Which segment of its operations got Enron into difficulties? 2. Did Enron's directors understand how profits were being made in this segment? Why and why not? a. Enron's directors realized that Enron's conflict of interests policy would be violated by Fastow's proposed SPE management and operating arrangements because they proposed alternative oversight measures. What was wrong with their alternatives? 3. Ken Lay was the chair of the board and the CEO for much of the time. How did this probably contribute to the lack of proper governance? 4. What aspects of the Enron governance system failed to work properly and why? 5. Why didn't more whistleblowers come forward, and why didn't some make significant difference? How would whistleblowers have been encouraged? 6. What were the common aspects that were necessary for the Enron and WorldCom debacles to occur? 7. What actions by directors, executives and professional accountants could have prevented the Enron and WorldCom Debacles 8. Was the enactment of the Sarbanes-Oxley Act (SOX) necessary? Why or why not? 9. What are the three most important improvements in the governance structure that could result from Enron from SOX? 10. What is wrong with Enron's bank financing transactions they knew were without economic substance? 11. How should boards of directors change incentive remuneration schemes for executives to lessen the risk of motivating executives to risk manipulations to enrich themselves 12. What lessons you could learn from reviewing the cases?
Can a lawyer represent his brother in a criminal matter?
He is not prevented from doing so by either the law or the canons of professional ethics.
Could the attack on September 11th have been prevented?
yes i think it could have been prevented the planes they hacked into could have had better firewall and a skilled professional who knows how to deal with hackers in these kind of cases on the other hand i think it was fate that it happened
What cancers can be prevented?
All cancers can be prevented!
Can a tornado be prevented?
No. tornadoes cannot be prevented.
How famine can be prevented?
It can't be prevented, sorry.
How can otosclerosis be prevented?
Otosclerosis cannot be prevented.
Why do AC lines freeze up and how can this issue be prevented?
AC lines freeze up when there is a lack of proper airflow or when the refrigerant levels are too low. This can be prevented by ensuring proper airflow around the unit, changing air filters regularly, and having the system inspected and maintained by a professional regularly.
How acidity can be prevented?
Acidity can usually be prevented by antacids.
How is information spillage prevented?
Information spillage can be prevented by:
How do you put prevented in a sentence?
He prevented a fight from happening
