The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspective by showing that investor protection is a necessary, but not sufficient, legal condition for the efficient separation of ownership and contro…
The small and medium-sized enterprise (SME) sector is a major employer of finance professionals. Although relatively few ACCA members’ careers start in SMEs, 45% have at some point in their lives worked for an SME. ACCA has long recognised this – and in 2013 it is launching ‘Accountants for Small Business’, a campaign aiming to raise awareness of the value of professional accountants i…
Actuarial Science is a discipline with a fascinating blend of traditional approaches, developed over many decades of experience, and modern techniques which are available thanks to the fast development of statistical, computational, and mathematical tools, new insights into dependence modeling, analysis of big data, financial engineering, risk management, and insurance economics. At the same ti…
Zabbix was born as a distributed network monitoring tool with a central web interface where you can manage almost everything. Nowadays, with Zabbix 2.4, the number of possible architectures has been reduced to a single server setup and a Zabbix-proxies distributed setup.
The study of computer science should cover not only the principles on which computational processing is based, but should also reflect the current state of knowledge of these fields. Today, the technology requires that professionals from all branches of computer science know both the software and hardware whose interaction at all levels is the key to understanding the basics of computational pr…
In this paper we produce an algorithm for pre- senting messages to users in social networks that integrates reasoning about the message, the author, the recipient and the social network. Our proposed model was derived on the basis of immersion within three different existing social networking environments, that of Coursera, Reddit, and medical self-help groups such as PatientsLikeMe. We first …
An informant once said to us, “Man, you have to be crazy to use a gun to hold up a bank; those credit cards can get you the same thing with no risk.” Whether it be filling out fraudulent applications, stealing cards from the mail, or taking over legitimate accounts, it can be done — “You have to pick them though, watch out for the good banks; they’ve got systems to catch you if you …
The emergence and spread of social networking services on Internet 1 is one of the most relevant phenomena to emerge in the field of new technologies in recent years. Appearing at the beginning of the 21st Century, in many cases starting out as communication tools for reduced groups of people in specific contexts, such as university students, some platforms have since expanded rapidly,…
All organizations are subject to fraud risks. Large frauds have led to the downfall of entire organizations, massive investment losses, significant legal costs, incarceration of key individuals, and erosion of confidence in capital markets. Publicized fraudulent behavior by key executives has negatively impacted the reputations, brands, and images of many organizations around the globe. Regula…
Traditionally, cost accounting is considered as the technique and process of ascertaining costs of a given thing. In sixties, the definition of cost accounting was modified as ‘the application of costing and cost accounting principles, methods and techniques to the science, art and practice of cost control and ascertainment of profitability of goods, or services’. It includes t…
The adequate implementation of an SMS by all RUs/IMs is a key element for success for the entire safety regulatory framework as foreseen by the Railway Safety Directive, since it forms the basis on which the National Safety Authorities (NSAs) issue safety certificates and safety authorisations. For the assessment of an SMS, NSAs can rely on the Regulations 1148/2010/EU2 and 1169/2010/EU3. Su…
Employer commitment to health and safety is the foundation on which effective safety management practices are built. Employers who are committed to health and safety, who involve their employees and who lead by example will usually create a safer working environment than employers who dictate changes to employees and who rely on paper-based systems that are not implemented into day-to-day workp…
Accenture 2013 Global Risk Management Study Many organizations say they want to make better use of analytics, but it is apparent that there is still plenty of ground to cover here. High-performance risk management organizations are taking a focused approach to embed analytics into their management processes. They are doing so by, among other measures, improving data quality and developi…
This report has been reviewed in draft form by individuals chosen for their diverse perspectives and technical expertise, in accordance with procedures approved by the National Research Council’s Report Review Committee. The purpose of this independent review is to provide candid and critical comments that will assist the institution in making its published report as sound as possible and to …
Modern economies are energy hungry and demand continues to grow inexorably across the globe . This can create enormous opportunities for energy firms, but it also entails significant challenges . Energy organizations face a uniquely broad range of risks across their activities, including project, operational, market, regulatory, environmental, socio-political and reputational risks . Tradition…
A management accounting tool is a framework, model, technique or process that enables management accountants to: improve performance; facilitate decision-making; support strategic goals and objectives; and otherwise add value. This is no understatement. At the time of writing there were over 12.9 million results from a Google search on ‘management accounting tools’. There is a huge array o…
Traditionally, cost accounting is considered as the technique and process of ascertaining costs of a given thing. In sixties, the definition of cost accounting was modified as ‘the application of costing and cost accounting principles, methods and techniques to the science, art and practice of cost control and ascertainment of profitability of goods, or services’. It includes the presen…
This revision of Principles of Accounting is based on an understanding of the nature, culture, and motivations of today’s undergraduate students and on extensive feedback from many instructors who use our book. These substantial changes meet the needs of these students, who not only face a business world increasingly complicated by ethical issues, globalization, and technology but who als…