Ficer Of The Corporate World

The Auditor, an instructional novella written by James K. Loebbecke, tells the story of Jack Butler, a man from the San Francisco Bay area, who goes to college, majors in accounting, and goes to work for a large accounting firm referred to as “The Firm.” The story is loosely based upon the real world experiences of the author, and is written to give students a look into the world of public accounting that goes beyond a textbook. The Auditor not only gives students a chance to follow Jack Butler’s journey up the company ladder at The Firm, but also reiterates the relative importance of conventional lessons learned in school.

It is important to regulate the interactions among directors, officers, and shareholders within a corporation in order to prevent security fraud.

We interview the site general manager for a company called Bombardier Transportation. His name is Jeff Gaffney. His official company title is MARC Operations General Manager. Bombardier Transportation is one of two subsidiaries of the company. The other half is Bombardier Aerospace. The parent company is called Bombardier Inc. Bombardier Inc. is headquartered in Montreal Canada. Jeff Gaffney is only involved in the transportation division of the company which is headquartered in Berlin Germany. Bombardier is the leading manufacturer of trains and the third leading manufacturer of planes. The company as a whole has roughly about 72,000 employees with a revenue averaging around $16.8 billion. These numbers are statistics split between the two divisions of the company. As stated before Mr. Gaffney is involved in the transportation division of the company so that is what the interview was primarily about.

It is often recommended for (HCO)’s to have a corporate compliance plan to be more efficient, reduce errors, and not have small errors turn into large errors. As (OIG) it’s a necessary and fundamental need to incorporate a corporate compliance plan to have for staff and management to stay organized and lessen the chance of fraud, waste, and abuse in the company. Stated by, (Cleverly, Song, & Cleverly, 2011), it is effective only if it includes management support, effective communication, continuous monitoring, and individual accountability. All these aspects are a continual monitoring requirement as long the corporate compliance is in place for the duration.

Alto-Shaam has selected a Chief Ethics and Compliance Officer to take control of ethics and compliance events. They can take charge of change within the company and is accountable for evolving, running, and observing the compliance program.

          Title III of the Sarbanes-Oxley Act is Corporate Responsibility. It creates many new obligations for CEOs, CFOs, and other senior executives. Title III requires that CEOs and CFOs must certify that they have reviewed annual as well as quarterly reports and that they contain no untrue information, material omissions, or misleading information. CEOs and CFOs are now responsible for establishing and maintaining internal controls, plus reviewing their effectiveness within 90 days prior to financial reports. They must disclose any deficiencies or possible fraud. The CEO and CFO are required to give back any bonuses or sale of company securities, if the company must restate financial statements due to material noncompliance or misconduct. High-ranking executives are also now banned from trading company securities during pension fund blackout periods. Lawyers are now required to report any evidence of violations of securities law or obligations to either the CEO of the company or chief legal counsel. If a person violates the law and their conduct demonstrates an unfitness to serve, he or she can be banned from being an executive of a company (Sarbanes-Oxley).

The Chief Executive Officer is the senior manager who is responsible for overseeing the activities of an entire company. The CEO usually also holds a position on the board of directors, or also holds the title of president. All CEO's of publicly traded companies have a base salary of at least one million dollars. Plus they receive bonuses for their performance each year. A CEO flourishes when the company is doing well and should take a hit when the company is going down hill. These CEO's hold a large portion of the stock and that is why we have started seeing corporate scandals come about after the market has gone down. Employees of these companies receive stock options that are either put toward their retirement plan or taken from their salary (Swedberg). Corporate scandals have started to occur because of public companies and their greed for more capital by deceit and conflicts of interest.

As part of the graduation requirements for South Fayette High School, I decided to spend my day shadowing Christian Stoecklein, an accountant manager at Crown Castle International. I had been curious about the job ever since I took a class on the subject in 9th grade. As a result, I was able to understand some parts of what was shown to me when I had my career shadow on May 2, 2016. After spending a day with Mr. Stoecklein, I learned more about accounting and whether I would like to pursue the job.

My high school class ring is one of the most prized possessions that I own. My ring is gold with an antique finish. My full name is engraved in cursive on the inside of the ring. My first name is inscribed on the right side of the ring and my last name is inscribed on the left side of the ring. On the left side of my ring underneath my last name is the Future Business Leaders of America (FBLA) logo with the number fifteen underneath the logo. On the right side of my ring underneath my first name is a volleyball with the number twenty-five on the top of it and the letters FM under the volleyball. There is also a small volleyball net under the letters FM and the number two thousand fifteen on the left side of the volleyball. In the center of

Preface Patrick once told me that humanity is doomed and getting rid of the things we don't understand wouldn't solve the underlying fear all of us carry. That movement in the corner in the room, the rustling under your bed, the figure in the corner of your eye and the shadow that follows you home will always be there. No matter what The Corporation did. For some of us those whispers in the darkness become voices and those shadows are real. I was born with this sight.

It is highly recommended that the CFO does not interfere with the CAE’s job to provide feedback directly to the audit committee. Moreover, the company’s strategy should be discussed to assure that COO, marketing and sales VP and general counsel do not take passive roles. Additionally, the CFO should not focus so greatly on opposite strategy as presented by the CEO, as now the CEO wanted to maintain secure growth via acquisitions, securing gap in production and more geographic coverage, and on the other had the CFO wanted only more and more new acquisitions, which was not the right approach because his subordinates may have been confused about company’s strategy.

Although, I have never been the CEO of a company; The Five Temptation of a CEO by Patrick Lencioni is a book that gives leadership advice in a way that could be useful for anyone. The book focuses on the new CEO of a company called, Trinity Systems, Andrew O’Brien. The eve of his first board meeting, he stayed at the office much later than usually. Andrew is facing the results of the company in the year that he had been CEO, which were “unspectacular at best.” A majority of the book takes place in an unlikely setting. Andrew is taking a BART train home where he meets an old man, who seems to be a janitor of some sort. Charlie, the old man, approaches Andrew to dig into what seems to be bothering him. After a bit of probing, Charlie uncovers Andrew’s struggles with his company. Andrew condescendingly states, “I don’t know how much you know about business, but being a CEO is pretty complicated.” Charlie offers the opinion that being a CEO is really quite simple and is all based on avoiding “the five temptations of a CEO”. Andrew is hesitant to take advice from him; “what could a janitor know about being a CEO?” but, humors the man anyway.

HBO was a professional stepping stone for me, and I was fortunate enough to work alongside some of the best and brightest individuals I had ever met. The Controller was my manager, subsequently becoming my mentor, guiding me and teaching, allowing me to truly acquire a full in depth understanding of accounting principles and practices. In reviewing not just my own work, but the work submitted by multiple other departments, allowed me to analyze and determine what I wanted my career path’s natural progression to be. The fact that I was working along various C-level executives, granted me the possibility to move from jr. accountant to executive assistant, a position that required the detail oriented skills of accounting, along with the high regard for confidentiality, organization, and soft skills that came easy to me.

The leader of the fastest growing division of a manufacturing company must possess several key leadership quality. This leader is heading a growing and changing team through consolidations, operations shifts, and rapid growth. The leader that I admire is tenacious and focused. He is driven. He is very astute and can balance the big picture and grasp the underlying details. He is demanding and outspoken. He is also very ethical, in his business decisions and interactions. This leader has an increasing level of power and authority within his organization and is a recognized success in his business unit. The qualities mentioned are what have gotten him to the high level leadership position he is in, but they are also seen by some

I embarked on my ten-week journey into the corporate world at Deloitte, determined and open-minded, soon subjected to the realities of what tech consulting truly was - beyond the corporate mantras and recruiter pitches. In stark contrast to university - applying technical concepts, synthesizing key meeting discussion points, and attending 9am stand-ups quickly became the norm. For me, this placement was about challenging what I knew as a young professional and adult and in doing so accumulating a bank of examples where I’ve learnt to handle difficult situations, gained new analytical skills or reconsidered my actions and behaviours more critically. Through reflecting on my thoughts from voice memos I recorded throughout my placement, this