Approved products on their own are not always
enough for successful exporting.
A good knowledge of the relevant standards
and the special characteristics of the market for
the application must be taken into account in
addition to the approved products themselves.
A check list may help to clarify important
questions and take them into account at the
quotation stage. After a system is completed,
any special requirements that were not taken
into account in the engineering stage may
require a high level of cost and time for their
The financial markets touch all of our lives. If you didn’t believe that in
years past, you surely do now after the tumultuous events of the late
The workings and integrity of those markets are vital to our increasingly
global and interconnected economies.
If you’ve chosen a career that involves working in the securities industry,
you have a front-row seat in a dynamic and sometimes unpredictable field.
George (Tres) Arnett and I met many years ago at Yale University where
we both studied economics.
Four major changes have taken place following these scandals. First, the
nature of the audit industry has changed. Three of the Big 4 audit firms have
either divested or publicly announced plans to divest their consulting businesses.
2 Second, Arthur Andersen, formerly one of the Big 5 audit firms, has
gone out of business. Third, in July 2002, President George W. Bush signed
the Sarbanes-Oxley Bill (also known as the Corporate Oversight Bill) into
law. This law imposes a number of corporate governance rules on all public
companies with stock traded in the United States.