Thursday, November 4, 2010

tanjohn007 Rule the Tube 2010 - John's Reel

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Saturday, January 9, 2010

Rattlesnake Canyon

The objective of the game is for merchants and settlers to work together and build a railway in their location. Rattlesnake Canyon is a place that currently has no railway system. Jackson Standstill, a long time friend of Sheriff Fleen wanted the Sheriff to host a town hall meeting and spread the information. Settlers start off with $500 whereas merchants with $1000. The 5 actions that should be taken in the simulation are: building true partnership, know the current customer needs, demonstrate “quick and clear” communication, chase maximum profit potential and initiate efficient processes. The requisition forms are usable by settlers only; in which they can make purchases to depot owners and get the supplies for the merchants. The merchants would then sell the supplies to the railway company that would be necessary in developing the railway tracks. There are a total of four weeks to successfully build the railway system. The railway company can certainly reject either of these kits (Amenities, provisions, construction, livestock or material) if supplies’ requirements are met already. Such refusal would mean that there would be excess inventory on the merchant’s account which could be useless. In the end, the team with the most cash wins, and surplus inventory is worth nothing.

Wednesday, July 8, 2009

Rasheed Wallace

By David Aldridge, TNT Analyst
Posted Jul 6 2009 7:05AM

For Rasheed Wallace, the lure of playing with Boston's superstar-laden lineup was just too much to pass up.

The Celtics have reached an agreement with Wallace on a two-year deal for the mid-level exception, which was $5.585 million last season and is expected to rise for the 2009-10 season. Figures for all salary cap exceptions and the cap itself will be finalized this week after the league and the Players' Association complete their audit of league finances.

Wallace played the last six seasons with the Detroit Pistons, where he won an NBA championship in 2004. He heads to a Celtics team loaded with veterans such as Kevin Garnett, Ray Allen and Paul Pierce, and hoping to make at least one more title run.

Wallace was in the process of scheduling visits to San Antonio, Orlando and Dallas this week. But the Celtics' team recruiting, with Kevin Garnett, Ray Allen, Paul Pierce, coach Doc Rivers, general manager Danny Ainge and majority owner Wyc Grousbeck all coming to visit Wallace in the Detroit suburbs last week moved the 35-year-old into action sooner than expected.

The notion of playing with three All-Stars, including a certain Hall of Famer in Garnett and a possible one in Pierce, plus the opportunity to compete for a championship solidified Wallace's desire to play for the Celtics.

"He decided to forgo the other trips and stuff and decided he's going to Boston," Wallace's agent, Bill Strickland said late Sunday evening. "When he sat down and thought about it some over this weekend, he thought Boston, in his mind, was the best fit for him, in terms of his skill set and what they already had. He decided, 'why waste time? I don't have to hassle over it.'"

Wallace has averaged 15 points and 6.9 rebounds in 14 NBA seasons. He averaged 12 points and 7.4 rebounds last season.

Monday, March 30, 2009

Does Increased Auditor Scepticism Deter Management Malfeasance?

Professor Steve Salterio, Queen's University - Recent Research

An abstract and his bio are below.

Abstract: Effective audits conducted with appropriate professional scepticism are claimed to not only enhance the detection of fraud but also the deterrence of fraud. Research on whether and how increased auditor scepticism and its attendant behavioural changes deters corporate malfeasance is scant, but it is an important issue to study given the ongoing need to support transparent and honest financial reporting. We conduct an experiment with 167 senior managers with significant experience and potential to reach to top levels of large organizations, if not already there. We experimentally ensure that managers notice the auditor’s behaviours have changed versus the previous years. We examine three auditor behavioural changes: a change in management inquiry rigour, a change in the nature of audit procedures and evidence collected, and/or change in the extent of the audit sample holding evidence type and tests performed constant. We find that the auditor changing the nature of the evidence collected decreases managers’ reporting their intention to commit corporate malfeasance relative to a same procedures and evidence collected as last year (SALY) audit. Notably, changing the extent of the evidence collected (i.e., expanding sample size holding type of evidence collected and procedures performed constant) by itself does not reduce managers’ reporting of intention to commit malfeasance vis a vis a SALY audit despite increasing sample size being the most common response to increased auditor scepticism in practice. Finally, we report our analysis of an initial model of how managers’ perceptions of auditor behavioural changes affect managers’ intentions to commit potential corporate malfeasance and whether auditors’ reported behaviours that are associated with enhanced professional scepticism are effective in deterring those intentions.

BIO:

Steve Salterio is a full professor in the accounting area at the Queen’s School of Business. His research
investigates issues in auditing and assurance services including corporate governance. He is currently
working on research related to negotiations between auditor and client management on financial reporting issues and new audit approaches including strategic systems auditing. In management accounting he is continuing to research the effects of nonfinancial performance measures, especially the balanced scorecard, on manager’s judgments. He has published articles in Journal of Accounting Research, The Accounting Review, Contemporary Accounting Research, Accounting Organizations and Society, and other journals and books. Recently two of his professional articles (co-authored with Tony Atkinson) were nominated for the International Federation of Accountants’ PAIB Article of Merit.