Major worldwide exchanges

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  • 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 implementation....

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  • 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 2000s. 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.

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  • At the start of the twenty-first century, international aspects of economics remain as important and controversial as ever.

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  • 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.

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