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Describes the way in which one UK organization has responded to theproblem of stress at work through the establishment of an in‐housecounselling service available without…
Describes the way in which one UK organization has responded to the problem of stress at work through the establishment of an in‐house counselling service available without charge to all employees. Describes the structure and mode of operation of the service, including the monitoring and evaluation process. Presents broad outcomes of the monitoring and evaluation and draws out some implications for good practice.
This study explores auditors’ professional attitudes and behaviours. It tests the influence of public interest commitment, independence enforcement beliefs and…
This study explores auditors’ professional attitudes and behaviours. It tests the influence of public interest commitment, independence enforcement beliefs and organisational ethical culture on auditors’ acceptance of and engagement in practices that compromise their objectivity. The study is based on survey responses of 122 Spanish auditors. To analyse the combined effect of the variables under study, variance-based structural equation modelling (partial least squares, PLS) was employed. The results suggest that the regulatory efforts to improve auditors’ behaviours by enforcing independence rules have been internalised by auditors. The results also reinforce the need to instil the societal responsibilities of professional auditors, since auditors’ public interest commitment is related to their ethical decision making. Furthermore, this study reveals that firms’ ethical cultures influence auditors’ commitment to the public interest, as well as their ethical decision making. The study raises practical implications for auditing professionals, regulators and audit firms. Understanding auditors’ beliefs and behavioural patterns is critical to proposing mechanisms that enhance their ethical behaviours, which could ultimately enhance audit quality. The chapter contributes to the field by analysing the combined effect of the regulatory framework and organisational context on auditors’ professional values and behaviours.
Although AT consideration has been mandated since 1997 (Individuals with Disabilities Education Act Amendments of 1997) and subsequently echoed in IDEIA 2004, there is no…
Although AT consideration has been mandated since 1997 (Individuals with Disabilities Education Act Amendments of 1997) and subsequently echoed in IDEIA 2004, there is no consensus in the field regarding how education professionals approach the task of making decisions about AT devices that can support the instructional process. Numerous models and frameworks have been proposed to provide guidance in the consideration of AT (e.g., Blackhurst, 2005; Bowser & Reed, 1995; Center for Technology in Education, Johns Hopkins University; and Technology & Media Division [TAM] of the Council for Exceptional Children, 2005; Chambers, 1997; Edyburn, 2000, 2005; Melichar & Blackhurst, 1993; Parette & VanBiervliet, 1990, 1991; Zabala, 1993). More recent clarifications of this process have been presented (Parette et al., 2007). However, at Illinois State University, we have developed an approach used in our undergraduate preparation program that has been effective in helping future teachers understand this process and more effectively make decisions about appropriate AT solutions for students with disabilities. The following sections present an overview of this process, preceded by an introduction to the role of tools in our society.
The purpose of this paper is to provide of selected Financial Industry Regulatory Authority (FINRA) regulatory notices and disciplinary actions issued in January…
The purpose of this paper is to provide of selected Financial Industry Regulatory Authority (FINRA) regulatory notices and disciplinary actions issued in January, February, and March 2012.
The paper provides Regulatory Notice 12‐03, January 2012, Complex Products: Heightened Supervision of Complex Products; Regulatory Notice 12‐05, January 2012, Customer Account Protection: Verification of Emailed Instructions to Transmit or Withdraw Assets from Customer Accounts; Regulatory Notice 12‐13, March 2012, Best Execution, SEC Approves Consolidated FINRA Best Execution Rule. It summarizes ten disciplinary actions for recommending unsuitable sales of unit investment trusts (UITs) and floating rate loan funds; using misleading marketing materials in the sale of a non‐traded real estate investment trust (REIT); selling interests in private placement offerings without having a reasonable basis for recommending the securities; unsuitable sales of reverse convertible securities; violating Regulation SHO (Reg SHO) and failing to properly supervise short sales of securities and marking of sale orders; misrepresenting delinquency data and inadequate supervision in connection with the issuance of residential subprime mortgage securitizations (RMBS); permitting a registered representative to publish advertisements that failed to provide a sound basis for a reader to evaluate the products and services being offered, contained exaggerated, unwarranted and misleading statements, and failed to disclose the firm's name; failing to conduct reasonable due diligence regarding securities an entity issued; failing to disclose certain conflicts of interest in research reports and research analysts' public appearances; and failing to develop and enforce written procedures reasonably designed to achieve compliance with NASD Rule 3010(d)(2) regarding the review of electronic correspondence.
The paper reveals for Regulatory Notice 12‐03 that the decision to recommend complex products to retail investors is one that a firm should make only after the firm has implemented heightened supervisory and compliance procedures; firms also should monitor the sale of these products in a manner that is reasonably designed to ensure that each product is recommended only to a customer who understands the essential features of the product and for whom the product is suitable. For Notice 12‐05 it finds that, given the rise in incidents reported to FINRA involving fraud perpetrated through compromised customer e‐mail accounts, FINRA recommends that firms reassess their specific policies and procedures for accepting and verifying instructions to withdraw or transfer customer funds that are transmitted via email or other electronic means, as well as firms' overall policies and procedures in this area. For Notice 12‐13: FINRA Rule 5310 leaves in place the general requirements of best execution, which are for a member firm, in any transaction for or with a customer or a customer of another broker‐dealer, to use “reasonable diligence” to ascertain the best market for a security and to buy or sell in such market so that the resultant price to the customer is as favorable as possible under prevailing market conditions.
These are direct excerpts designed to provide a useful digest for the reader and an indication of regulatory trends.
States that there are concerns within the banking industry that its image may be confused, which raises the question, by what criteria do the stakeholders perceive their banks and, consequently, how can banks establish programmes to develop their image? Concludes that Britons are largely satisfied with the performance of banks, and are less antagonistic than the media indicate.
THE completion of the sixth volume of the Library World may not be a very important or remarkable occurrence in the annals of journalism, but when one considers the meagre and spasmodic support which is generally accorded to professional magazines, it may be allowable for us to indulge in a little self‐congratulation on having lived so long, on little more than the minimum encouragement usually bestowed on literary ventures connected with librarianship. For some reason, which it is very difficult to understand, librarians will not buy their own professional literature, whether offered as books or magazines. An author may reckon on a possible circle of purchasers ranging between 200 and 300 in England, and perhaps thirty in the United States, for any library book which is not more than 5/‐ or 10/‐ in price; and an editor may be certain of a constituency, perhaps, double those numbers, if his journal is not too dull and overpowering. But this is practically the limit of encouragement which anyone can expect for non‐official library publications. The Colonies, the United States, and all the European countries are collectively hardly worth counting in any estimate of possible supporters of an English literary venture in librarianship, and what is even more discouraging, only a few British libraries, and hardly any library assistants or committee‐men, ever buy professional books of any kind. In these circumstances we may be allowed a little pardonable jubilation at having survived at all under such adverse circumstances.
Becker appoint works manager Becker Equipment & Lifts Ltd., a TI Company of Wembley, have strengthened their manufacturing departments by the appointment of Jeffrey Miller as Works Manager. Becker manufacture the Bexuda range of precise‐volume liquid filling machines, and are the UK's leading manufacturers of electrohydraulic passenger lifts.