LJB Company Case Study Example | Topics and Well Written Essays - 750 words - 4

LJB Company - Case Study Example This discussion outlines that fulfilling these requirements in advance and formulating appropriate plan is the key to a winning entry into the market as public firm. Section 302 of the Sarbanes-Oxley Act states that the management of the companies, which are made public recently, must deliver a report that evaluates the effectiveness of the firm’s internal control over financial reporting. An attestation report on the operating effectiveness of the measures is also in need to be submitted by the firm. As the paper highlights the manager should appoint independent counsel and advisors as stated necessary by the law to carry out the duties and to deal with concerns related to employees and organization. They are necessary to meet the issues regarding accounting, internal control, and auditing procedures. The LJB Company management should integrate the internal controls systems into the financial processes on time in order to adequately assort and asses the effectiveness of the implemented control measures. The LJB Company is seen functioning well with many of its activities. The company was doing right when it decided to start using pre-numbered invoices for the petty expenses. It would bring the transactions into the daylight from being tampered or manipulated. In the same way, the decision to use indelible ink machine to print their checks is considered to be a wise decision. There is less chances for clerical errors when using indelible ink machines. Furthermore, the system of paying the employees sounds well and suits well with the requirement of becoming a public company. On the payday, the accountant himself prepares the checks distributed at the office. In accordance with the company’s system, before closing fort he weekend, the accountant moves all the cash balance and checks into the safe in his office. This practice makes sure that no cash-at-hand is kept with the accountant without entering the accounts.  

Urban Change and Conflict Essay Example | Topics and Well Written Essays - 1500 words

Urban Change and Conflict - Essay Example In a perfect world, the movie would exist uniquely as a representation of darker days long since past. However, ‘Selma’ displays the evolution of urban change and conflict while gleaming a spotlight on the slow growth of that which has not changed. The movie’s story offers a blueprint not only on the past events, but of the way forward in terms of urban change and conflict. The movie ‘Selma’ of course did not happen in a vacuum. The mass movement against Jim Crow apartheid, for the right to vote and equal rights in public accommodations, had been growing for almost a decade, ever since the Montgomery Bus Boycott of 1955. However, the early 1960s witnessed the Freedom Rides and lunch counter sit-in movement against segregation on interstate bus transportation1. This movement for equity and democratic rights was made possible by the struggle of the working class of the 1940s and 1930s that preceded it. The Urban crisis is jarringly evident in the shattered storefronts and fire-blemished African apartments in the movie. Rates of poverty among these black residents are very high. With a few expectations, most of them have witnessed loss of manufacturing job and the arrival of a low-wage service sector. Most of the streets that are revealed in the movie have ghettos that are characterized by extreme spatial isolation and segregation. This means that central-city residence, joblessness, race, and poverty were intertwined in the urban areas. It can be noted that patterns of racial and class segregation in the cities in America had continued and hardened. As evident from the movie, racial conflict and tension as a tenacious refrain in the people living in the urban areas. Discrimination by race and color was a key fact of life in the urban areas of America in the 1950s and 60s.