writing homework on MBA Applied Managerial Finance 615.

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Need help with my writing homework on MBA Applied Managerial Finance 615. Write a 750 word paper answering; Introduction The enactment of the Sarbanes-Oxley Act into law on July 30,2002 was in response to the various corporate and accounting malfeasance committed by various company such as Enron and WorldCom with the intent of restoring the public’s onfidence in America’s businesses. There are two important sections in the Sarbanes-Oxley Act which are Section 302 which requires certification of the signing officers and Section 404 which mandates companies to publish their financial repors.

The Section 302 of Sarbanes Oxley

Section 302 of Sarbanes Oxley Act include certifications that signing officers have reviewed the report that it did not contain any false information either by omission or by misleading and that the financial statement fairly reflects the true financial condition of the company (www.soxlaw.com a, 2003). In addition, the signing officers must have also reviewed the internal controls of the company. Section 404 of Sarbanes-Oxley Act on the other hand mandates that issuers are required to publish their annual reports “concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures” (www.soxlaw.com b, 2003).

In the case of Apex Printing, they have only complied with the Section 404 of Sarbanes-Oxley Act which is the requirement to publish their annual reports and its attending internal control structure but it is not yet certified by signing officers that the financial information that they will publish is materially true and accurate. In effect, it is like making known the company’s financial information without ensuring its accuracy which is susceptible to misrepresentation if not downright unethical.

The importance of being compliant in the Section 302 is not only to avoid criminal liability from regulatory agencies such as Security of Exchange Commission but also to become an ethical company. In an age of heightened public awareness against corporate malfeasance, it will not be right to skirt laws which are designed to protect the interest of the various shareholders of company from fraud. It will hurt the reputation of the company which has numerous repercussions from not being able to do an IPO to source external funding to non-patronage of its products or services in the market due to the suspicion of its customers that the company is a fraud.

Considering the various repercussion of non-compliance to Section 302 of Sarbanes Oxley Act, that ranges from a) non-launch of an initial public offering (IPO) of equity shares which will deny the company the much needed additional external funding b) potential legal ramifications for non-compliance which will have an implication of c) hurting its reputation in the market as an unethical company resulting to non-patronage of its product and services, it is therefore an imperative Apex Printing to comply with Section 302 of Sarbanes Oxley Act.

References

Sarbanes-Oxley Act Section 302. Sarbanes Oxley 302 Made Easier.. (n.d.).Sarbanes-Oxley Act Section 302. Sarbanes Oxley 302 Made Easier.. Retrieved April 13, 2014, from http://www.soxlaw.com/s302.htm

Sarbanes-Oxley Act Section 404. Sarbanes Oxley 404 Made Easier.. (n.d.).Sarbanes-Oxley Act Section 404. Sarbanes Oxley 404 Made Easier.. Retrieved April 10, 2014, from http://www.soxlaw.com/s404.htm

Reply 1

This paper validates that my research and understanding of the Section 302 of Sarbanes Oxley Act is correct. Especially when our interpretation is consistent that non-compliance with the Act has various repercussions such as the loss of credibility and criminal or civil prosecution from regulatory agencies. I expanded my interpretation however that the loss of credibility or the hurting of corporate reputation has an economic repercussion in the market as people will patronize the products and services of companies whom they doubt to have unethical practices such as non-compliance to regulatory agencies. This could hurt more than the criminal liability from the regulatory agencies because it undermines the viability of the business in the market.

Reply 2

In this paper, I learned that we both acknowledged that Sarbanes Oxley Act was crafted in response to the various corporate and accounting frauds that resulted in large number of people losing money and employees losing their jobs not to mention that it precipitated the global recession. In this paper, the criminal liability of the CEO and CEO for fraud is stressed. In my paper however, I did not entertain the idea of launching an IPO abroad just to avoid compliance with Section 302 of Sarbanes Oxley Act. Launching an IPO elsewhere to avoid regulations will surely be noticed by potential investors and will defeat the purpose of sourcing external funds because investors will not trust the company.

Provide a 7 pages analysis while answering the following question: Project Management of PRINCE2 and Agile. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required.

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Provide a 7 pages analysis while answering the following question: Project Management of PRINCE2 and Agile. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. The major challenge in project management is to meet all the set goals and objectives for the project while dealing with the preconceived barriers. Key project obstacles include scope, quality, budget, and time. Other secondary obstacles would include more ambitious challenges like fairly allocating the necessary inputs and integrating them in order to achieve the set objectives and goals.

There are various ways of approaching project management activities. Regardless of the methodology employed. project managers should put a lot of considerations on the overall project objective, time, cost, and also the responsibilities and duties to be played by members and stakeholders in the project. PRINCE2 and Agile project management methodology are examples of the methodologies available for project managers (Keith 2010).

PRINCE2 is a well-structured approach used in project management. It combines the original PROMPT methodology with IMB’s MITP methodology. The PROMPT methodology had earlier evolved into the present-day PRINCE2 methodology. PRINCE2 offers a platform for project management with a clearly spelled out structure. It was developed by the United Kingdom government Office of Government Commerce (OGC). The United Kingdom expensively uses this methodology in its management duties of public projects in the country. PRINCE2 encompasses the control, organization, and management of a given project. It puts a lot of focus on the not only the definition of products but also their delivery, especially the quality requirements (Gerard 2008).

Because of this, it defines a successful project as being output-oriented but not an activity or action-oriented. This is through creating products agreed upon as well as defining the intended scope of the project. It also helps provide a platform for control and planning. Project chiefs would be able to coordinate the project participants. Additionally, they will be able to know how to supervise and design product delivery and what to do if the project fails to meet the originally set goals.

In the PRINCE2 methodology, all the different processes involved are clearly specified with&nbsp.their important inputs and outputs.

the salary system and weaknesses in it

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I need some assistance with these assignment. the salary system and weaknesses in it Thank you in advance for the help! The bank also needs to provide the record of the employee who was not given heavy packets of checks for processing to prove that white employee was attending the training program and the training period of that white employee was yet to finish.

If I were the EEOC District Director, I would take a decision in support of Ruth Wittman. My explanation for such a decision would be based on the issues highlighted by Ruth, indicating the practice of racial discrimination by the manager. Ruth gave three arguments, wherein she has stated color as the cause of giving Ruth a rough and biased treatment by the bank. The concerned bank did not present the specific records before the EEOC District Director to prove its argument. instead, the bank preferred to give reference to the policy and procedure and ignored the need to present some hard evidence against the blame of Ruth. Still, George can manage things from his end. He should relegate all job functions to the next tier of functionaries involved in planning, organizing, and handling the transportation department. Only major functionaries should be assigned larger responsibilities. There should be a distribution of job roles to avoid overload to any staffer. Moreover, to create a feeling of discipline among the employees, George should hold regular meetings with all the employees to establish unity of purpose for the tension-free and coordinated working of the department.&nbsp.

Watch the Jim Crow Museum https://www.youtube.com/watch?v=yf7jAF2Tk40 1. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through a structural level process? 2. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through a cultural level process? 3. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through an interactional level process? 4. Why is the propensity of folks to say “All Lives Matter” a cultural level race process? What part of American culture does it draw from? 5. Explain what a symbolic interactionist would say about the interactional effects of racial microaggression on an individual. How is the concept of ‘looking glass self’ connected? 6. How is Tim Wise’s argument about guilt vs responsibility an argument about race at the structural and institutional level? Summaries: (50 words or more each answer) (which is a paragraph) 1.1 Describe how family gender socializes us 1.2 Describe how peer influences gender socialize us 1.3 Describe how the media gender socialize us 1.4 Describe how schools gender socialize us 1.5 Describe the concept of “doing gender” as performance Sociological Discussion Questions: (50 words or more for each answer) 1. Describe and reflect on the structural factors for the gender wage gap. Now describe and reflect on the gendered socialized traits based on cultural ideas about femininity in women that contribute to the gender wage gap. 2. Describe and reflect on the argument sociologists of gender make about the construction of masculinity in our society.

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Watch the Jim Crow Museum https://www.youtube.com/watch?v=yf7jAF2Tk40

  1. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through a structural level process?

  2. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through a cultural level process?
  3. Citing an explicit example from the Jim Crow Museum clip, how was white supremacy an active construction in society, created through an interactional level process?
  4. Why is the propensity of folks to say “All Lives Matter” a cultural level race process?  What part of American culture does it draw from?
  5. Explain what a symbolic interactionist would say about the interactional effects of racial microaggression on an individual.  How is the concept of ‘looking glass self’ connected? 
  6. How is Tim Wise’s argument about guilt vs responsibility an argument about race at the structural and institutional level? 

 

Summaries: (50 words or more each answer) (which is a paragraph)

1.1 Describe how family gender socializes us

1.2 Describe how peer influences gender socialize us

1.3 Describe how the media gender socialize us

1.4 Describe how schools gender socialize us

1.5 Describe the concept of “doing gender” as performance

Sociological Discussion Questions: (50 words or more for each answer)

  1. 1. Describe and reflect on the structural factors for the gender wage gap.  Now describe and reflect on the gendered socialized traits based on cultural ideas about femininity in women that contribute to the gender wage gap.
  2. Describe and reflect on the argument sociologists of gender make about the construction of masculinity in our society.