posted by Administrator on Apr 20
Abstract:
The case discusses some of the alleged controversial business and labor practices of The Coca-Cola Company (Coca-Cola) and its bottlers in a few countries.
The case discusses in detail about the allegations made against Coca-Cola’s labor practices in Columbia, environmental and product issues in India, and trade practices in Mexico.
The case also highlights the rise in consumer activism as it includes details of the ban imposed on Coca-Cola’s products by some university campuses in the US and Europe on account of pressure by student unions and other activist organizations. Coca-Cola’s responses to these allegations have also been presented in the case.
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posted by Sherill on Dec 26
Working as an accountant, you are handling information that is vital to a firm’s overall function. Improper accounting practices have resulted in many high-profile cases of insider trading, accounting information manipulation and other crimes that have resulted in jail-time. Recently, companies that have received bailout funds from the US government have been found to use them for bonuses whilst the company has already declared bankruptcy. All these facts and information are witness to many a crimes that have gone unnoticed well till somebody found the anomalies and reports them.
Accountants are some of the most used people in such cases for they have the ability to manipulate ever so creatively the records so do be aware of such cases and abide by the law. You are obligated first by the company to do your job and the law to report any anomalies that may make or break your firm. Though mostly despised and black-listed in the industry, whistle-blowers are the first to raise the red flags that causes the investigative wheel to grind and work.
posted by Administrator on Aug 19
Image source: www.exagos.com
In 2002, the normal wage and salary annual earning of an accountant is $47,000. The middle half of the occupation earned between $37,210 and $61,630. The top 10 percent of accountants earned more than $82,730, and the bottom 10 percent earned less than $30,320. In 2002, normal annual earnings in the industries employing the largest numbers of accountants and auditors were:
Federal Government $51,070
Accounting, tax preparation, bookkeeping, and payroll services $49,520
Management of companies and enterprises $49,110
Local government $44,690
State government $42,680
In the Federal Government, the starting annual salary for junior was $23,442 in 2003. Candidates who had a superior academic record might start at $29,037, while applicants with a master’s degree or 2 years of professional experience usually began at $35,519. Beginning salaries were slightly higher in selected areas where the prevailing local pay level was higher. Accountants employed by the Federal Government in non- supervisory, supervisory, and managerial positions averaged $69,370 a year in 2003; auditors averaged $73,247.
posted by Administrator on Jul 4
Corporations has become cautious with regard to the Labor Laws. Employees, as well, knew all their rights whenever an employer violated some rules. Nevertheless, employers has still the right to fire a worker at any given time and for any reason may it be a grave or frivolous offense.
Some companies I have worked are aware with their labor organizations. In some ways, they have helped in bargaining a good agreement for the unionized employees when it comes to salary increase and benefits. Alternatively, they also caused some violent strikes that affected the organization to fall down and had a hard time recovering. These incidents caused numerous employees suffered and became jobless.