As per section 302 of the act, the senior management is responsible to develop and implement a system of internal controls, and compliance systems. ... Analyst Conflicts of Interest This section deals with investment companies and brokers. It requires that the security analysts should not have personal interests in the securities for which he or she is responsible. That is required to prevent security analyst in misleading the investor to make investments in securities that add to analysts' personal gains. 6. ... This is one of the reasons as to why the companies find it costly and diffic...

• Word Count: 1092
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions including computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management. ... Budget analysts run a small part of this branch. ... Besides the usual skills many budget analyst jobs require good people skills because of negotiations involved in the work. ... As one report sa...

• Word Count: 1675
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Brady Ware, an accounting office in Dayton, has eliminated paper and pencil accounting in their office and has switched to a totally computer based accounting office system. ... People may not realize it, but I think that computerized systems make work less stressful. ... If you have been doing something one way for 25 years, you are not going to be thrilled about having to change your whole system. ... Analysts say that the company is now recovering from the millions in losses. ... Canada has three different parts in the retirement system: Canada Pension Plan, Old Age Security, and registere...

• Word Count: 1676
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

However, in the aftermath of the recent economic boom, many analyst have suspected unethical practices at some of the world's largest companies. ... This intricate system of deceit included high-level corporate officers dumping stock and making millions of dollars while the average investors lost millions. ...

• Word Count: 1133
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

Before long it was the darling of Wall Street as analysts heaped praise on the firm for its "unique" approach in bringing high-tech complex finance to energy trading. ... For example they are less likely to criticise the results from a new accounting system that was put in by their own consultancy division. ...

• Word Count: 1302
• Approx Pages: 5
• Grade Level: Undergraduate

Executives there tried to fool the Wall Street analysts with a complex web of partnerships and questionable accounting practices (Under Investigation: Enron 2003). ... The corruption has saturated the system. ...

• Word Count: 1744
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

WorldCom engaged in these activities in order to keep increasing operating costs down and meet the revenue expectations of Wall Street analysts and support the market price of its common stock (SEC Complaint against WorldCom). ... Shortly after HealthSouth's stock went public in 1986, they began "inflating their earnings to match Wall Street analyst's expectations and to maintain the market price for the stock" (SEC Charges Richard Scrushy and HealthSouth with Massive Fraud). ...

• Word Count: 2557
• Approx Pages: 10
• Grade Level: Undergraduate

Energy analysts can all agree that without John Henry Kirby, Houston Natural Gas Corporation would have never existed. ... Also included in this act are attorneys, brokers, dealers, investment bankers, and any financial analysts that work for a public firm. ...

• Word Count: 2824
• Approx Pages: 11
• Grade Level: High School