Author: American Bar Association. Special Committee on Voluntary DisclosurePublisher:
ISBN:
Category : Defense contracts
Languages : en
Pages :
Book Description
Report by the Special Committee on Voluntary Disclosure
Author: American Bar Association. Special Committee on Voluntary DisclosurePublisher:
ISBN:
Category : Defense contracts
Languages : en
Pages :
Book Description
Voluntary Disclosure
Author: Report by the Special Committee on Voluntary Disclosure
Author: American Bar Association. Special Committee on Voluntary DisclosurePublisher: Section of Public Contract Law
ISBN:
Category : Defense contracts
Languages : en
Pages : 342
Book Description
Report of the Special Committee on Voluntary Disclosure
Author: Report of the Special Committee on Voluntary Disclosure, Public Contract Law Section, American Bar Association
Author: Publisher:
ISBN: 9780897073448
Category : Defense contracts
Languages : en
Pages :
Book Description
Voluntary Disclosures in the Audit Committee Report
Author: Najib SahyounPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
In recent years, there has been an increasing interest in the voluntary disclosures in the audit committee report by different stakeholders such as corporate governance organizations and institutional investors. Based on the different requests for enhanced audit committee disclosures, the SEC issued a concept release during 2015 proposing several enhancements and requesting public comment (Securities and Exchange Commission (SEC), 2015). In this dissertation, we investigate the voluntary disclosures in the audit committee report. The purpose of our study is twofold: 1) to analyze the comment letters to understand "investors' needs" in the context of the audit committee disclosures, 2) to investigate the association between voluntary disclosures in the audit committee report and earnings management, and the voluntary disclosures impact on the external environment. The first essay analyzes the comment letters by using a framing analysis. We aim to understand how each respondent category defines the current audit committee disclosure requirements in fulfilling "investors' needs." We compare and contrast the respondents' frames and analyze their discourse. The second essay is composed of two studies and considers the top US Bank Holding Companies (BHC). We study the association between the voluntary disclosures in the audit committee reports and banks' earnings quality. Also, in this study, we analyze the impact of the voluntary disclosures in the audit committee report on the implied cost of equity and financial analysts' forecasting properties. The results reveal that there is a wide variation among respondents in defining "investors' needs" and how they argue to convince the SEC to adopt their point of view. Also, the discourse analysis reveals several issues at the corporate governance level that require the SEC attention. As for the second essay, the results show that there is a positive association between voluntary disclosures and earnings management. In our view, it implies that audit committees are engaged in impression management. Also, the results suggest that there is a positive relationship between the voluntary disclosures and cost of equity. It implies that the investors are able to know that the voluntary disclosures do not reveal strong performance by the audit committees and as a consequence, they will require a higher rate of return. Finally, for the financial analysts' forecasting properties, it seems that they have learned that these voluntary disclosures are impression management. They are able to make better forecasting as the results suggest a negative relationship between voluntary disclosures and forecasting errors and forecasting dispersion. Overall, our results have practical implications for the regulator and policy-makers. The framing analysis of the comment letters provides evidence about the need to have a common understanding of the "investors' needs" in the audit committee disclosure context. The qualitative study is focusing on "investors' needs" which is a critical concern for the SEC. Also, one of the regulator's goal is to ensure that investors maintain confidence in financial markets. Our results show that audit committees engage in impression management. This practice can have bad consequences on investors' confidence and require the SEC intervention.
To Err Is Human
Author: Institute of MedicinePublisher: National Academies Press
ISBN: 0309068371
Category : Medical
Languages : en
Pages : 312
Book Description
Experts estimate that as many as 98,000 people die in any given year from medical errors that occur in hospitals. That's more than die from motor vehicle accidents, breast cancer, or AIDSâ€"three causes that receive far more public attention. Indeed, more people die annually from medication errors than from workplace injuries. Add the financial cost to the human tragedy, and medical error easily rises to the top ranks of urgent, widespread public problems. To Err Is Human breaks the silence that has surrounded medical errors and their consequenceâ€"but not by pointing fingers at caring health care professionals who make honest mistakes. After all, to err is human. Instead, this book sets forth a national agendaâ€"with state and local implicationsâ€"for reducing medical errors and improving patient safety through the design of a safer health system. This volume reveals the often startling statistics of medical error and the disparity between the incidence of error and public perception of it, given many patients' expectations that the medical profession always performs perfectly. A careful examination is made of how the surrounding forces of legislation, regulation, and market activity influence the quality of care provided by health care organizations and then looks at their handling of medical mistakes. Using a detailed case study, the book reviews the current understanding of why these mistakes happen. A key theme is that legitimate liability concerns discourage reporting of errorsâ€"which begs the question, "How can we learn from our mistakes?" Balancing regulatory versus market-based initiatives and public versus private efforts, the Institute of Medicine presents wide-ranging recommendations for improving patient safety, in the areas of leadership, improved data collection and analysis, and development of effective systems at the level of direct patient care. To Err Is Human asserts that the problem is not bad people in health careâ€"it is that good people are working in bad systems that need to be made safer. Comprehensive and straightforward, this book offers a clear prescription for raising the level of patient safety in American health care. It also explains how patients themselves can influence the quality of care that they receive once they check into the hospital. This book will be vitally important to federal, state, and local health policy makers and regulators, health professional licensing officials, hospital administrators, medical educators and students, health caregivers, health journalists, patient advocatesâ€"as well as patients themselves. First in a series of publications from the Quality of Health Care in America, a project initiated by the Institute of Medicine
Model Rules of Professional Conduct
Author: American Bar Association. House of DelegatesPublisher: American Bar Association
ISBN: 9781590318737
Category : Law
Languages : en
Pages : 216
Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Super PACs
Author: Louise I. GerdesPublisher: Greenhaven Publishing LLC
ISBN: 0737768649
Category : Young Adult Nonfiction
Languages : en
Pages : 113
Book Description
The passage of Citizens United by the Supreme Court in 2010 sparked a renewed debate about campaign spending by large political action committees, or Super PACs. Its ruling said that it is okay for corporations and labor unions to spend as much as they want in advertising and other methods to convince people to vote for or against a candidate. This book provides a wide range of opinions on the issue. Includes primary and secondary sources from a variety of perspectives; eyewitnesses, scientific journals, government officials, and many others.
Dual Reporting for Equity and Other Comprehensive Income under IFRSs and U.S. GAAP
Author: Francesco BellandiPublisher: John Wiley & Sons
ISBN: 1118314301
Category : Business & Economics
Languages : en
Pages : 459
Book Description
Under IFRS, U.S. GAAP, and the SEC rules and regulations, business enterprises must recognise measure and disclose information regarding equity items on the face of the statement of financial position, other specific statements, or in the notes to the financial statements. However, under both IFRS and U.S. GAAP there is no all-inclusive general standard on stockholders’ equity. This book clarifies the process of reporting stockholders’ equity in a manner which can be reconciled under all the relevant standards. “Not only has the author addressed the informational needs of the players in the accounting industry, he has also drawn, based on his vast experience, practical implications of reporting under both standards.” —Noraini Mohd Nasir, Journal of Financial Reporting and Accounting