Computer Associates

Stephen Richards’s actions were extremely serious; manipulating Computer Associates’ quarter end cutoff to align CA’s reported financial results with market expectations by violating the generally accepted accounting principles and their financial reporting responsibilities. According to the U.S. Securities and Exchange Commission, Richards with other CA executives extended CA’s fiscal quarter, “ instructed and allowed subordinates to negotiate and obtain contracts after quarter end while knowing, or recklessly disregarding the fact that, CA would improperly recognize the revenue from those contracts, and failed to alert CA’s Finance or Sales Accounting Department that CA salespersons

This particular case, involving the SEC, Coopers & Lybrand, and California Micro Devices, Inc. encompasses charges for neglecting to comply with auditing standards. The Securities and Exchange Commission makes these charges against Michael Marrie, audit partner, and Brian Berry, manager, of Coopers & Lybrand. There are three main areas in which the auditing standards were not in compliance, a write-off of accounts receivable, confirmation of accounts receivable and sales returns and allowances. The Securities and Exchange Commission make these accusations against Michael and Brian for failure

The U.S. District Court for the Southern District of Ohio rendered an Order for Final Judgment against John R. Bullar and a Consent Order against his company, Executive Management Advisors L.L.C., requiring that restitution be paid by Bullar and Executive Management Advisors, L.L.C. in excess of $6.2 million. Additionally, Bullar and Executive Management Advisors L.L.C. are required to pay civil monetary penalties in excess of $24.8 million for fraud, misappropriation, embezzlement, and operation of a Ponzi scheme. They were illegally posing as Commodity Trading Advisors (CTAs) and Commodity Pool Operators (CPOs) but had not registered with the CFTC. Permanent trading and registration bans were also imposed prohibiting them from committing

During my time as a computing services technician at Mount Allison University I gained some valuable experience in the IT field. One thing that stands out immediately is the experience of working and maintaining Apple devices. We received some introduction to Apple hardware and a short program on Apple operating systems with Mr. Murray, but did not work with Apples on a regular basis. I regularly worked on Apples in the PC lab.

A current regulatory action focuses on the SEC charging a Canadian citizen with microap fraud involving shares of Synk Technology Corp. “The Securities and Exchange Commission today charged a Canadian citizen with conducting a scheme to conceal his control and ownership of a microcap company whose price quickly spiked last year. The SEC suspended trading in the stock, Cynk Technology Corp., before the alleged schemer, Phillip Thomas Kueber, could profit on the gains from the stock’s rise to more than $21 from less than 10 cents per share” (Sec.gov, 2015). The SEC alleges that Kueber was used straw shareholders and sham CEOs to conceal his involvement in non- restricted shares in the company’s stock. On July 11, 2014, the SEC filed a formal

In trying to identify the agents that were paid off by SNC, the board members found that they were unable to contact some of the agents or to identify their true identity. This breach in the company accounting ethics occurred as a result of material weaknesses in the company's internal controls over their financial reporting which allowed the CEO to sign off on these transactions without informing the company chief

Members of management even went as far to further control the timing and release of these already fictitious revenues and profit. Throughout the span of these fraudulent schemes, members of management including Wiles, Goodman, Schleibaum, and Wolfe, deliberately overstated reserves in certain periods of high earnings and subsequently released these reserves into income in less

As a current student at Rock Valley College, it is my goal to acquire an Associate’s De-gree within the Graphic Arts Technology with an emphasis in Mass Media Communication by the end of 2017 fall semester. Due to the economic and technological changes in the current trends of the workforce, my previous Associates Degree in Computer Aided Technology has become somewhat obsolete, which has made me re-evaluate my career path options. It is my belief that I will become a marketable resource within a broader scope of companies from graphic design into marketing.

In april 15, 2014, SEC filed charges against Telexfree, Inc.. The charges were filed with the commission’s request of immediate asset freeze against Telexfree and eight other individuals, and this request secured millions of dollars of funds and prevented the potential loss of investor assets. Also other than the charges against the company itself, SEC charged several Telexfree officers, promoters, and several entities related this pyramid scheme based on their receipt of investor funds.

At a young age we are always asked the same questions. What is your name? How old are you? What do you want to be when you grow up? Answers for the last question include occupations such as, a Lawyer, a Doctor, a Princess, or an Astronaut. When I was asked throughout the years my answer always changed. When I was younger I wanted to be a lawyer, then a dentist, in later years I decided I was going to an astronomer or a graphic designer. As of senior year in high school I realized that I have always loved flying. I love being up in an airplane on my way to a new place ready to unravel new adventures. I’ve travelled by plane to the Dominican Republic, Puerto Rico, California, Texas, Florida, Arizona, North Carolina, and Tennessee. Now that I

A common carrier is a private company that sells or leases communication services and facilities to the public. Common carriers are profit-oriented, and their primary products are services for voice and data transmissions, both over traditional wired circuits as well as cellular services. Common carriers often supply a broad range of computer-based services, such as the manufacturing and marketing of specialized communication hardware and software. A common carrier that provides local telephone services (e.g., BellSouth) is commonly called a local exchange carrier (LEC), while one that provides long distance services (e.g., MCI) is

U of T → Computer Scientist: Computer scientists are usually employed by businesses and government agencies to develop new products or solve computing problems. They typically investigate technological topics like artificial intelligence, robotics or virtual reality. Per year, computer scientists earn an average salary of $76,205.

I am interested in investing and that means that I am interested in almost all "investment vehicles"; from stocks and bonds to futures and options. However, I am in certain stage of my life where I don't have high income. So I shifted my interest primarily toward options. Because of the simply reason, options in 100 shares will cost much less than actually buying 100 shares. This reason and my today's situation have "forced" me to be more interested in options. But of course options are highly complex and highly leveraged and they require more than just a basic knowledge of the stock market. I have read a lot of books on this topics, trading, value investing, technical and fundamental

Assignment Question 4: Prepare an analysis of the revenue change, separating the volume effect (increase in number of consultants) from the productivity effect (billing percentage).

GAAP provides objective standards for judging and comparing financial data and its presentation, and limits the directors' freedom in showing an unrealistic picture through creative accounting. An auditor must certify that the provisions of GAAP have been followed in reporting an organization's financial data in order for it to be accepted by its stakeholders which include investors and lenders, as well as tax authorities (Stanwick & Stanwick, 2009). Cooper brought her problem to Arthur Anderson who refused their cooperation stating they only answered to her boss, Scott Sullivan. Sullivan also refused to cooperate and even went so far as to track her down on her personal time to warn her off the investigation. Pulliam and Solomon (2002, p.A1) write “as she pursued the trail of fraud, Ms. Cooper time and time again was obstructed by fellow employees, some of whom disapproved of WorldCom’s accounting methods but were unwilling to contradict their bosses or thwart the company’s goals.”