Thursday, December 26, 2019

The Rocking Horse Winner By F. Lawrence - 2382 Words

One of the emotional essentials of life is to be loved, and there are quite a few cases where material things can hinder receiving this much-needed love, the greatest culprit of all being money. D. H. Lawrence’s short story â€Å"The Rocking Horse Winner† tells of a boy, Paul, who desires love and affection from his mother, Hester, but she is so wrapped up in her concerns with money that she does not display any of this needed affection toward her son or any of her children. She has grown unloving and bitter due to her husband’s inability to meet her expectations, and she tells Paul his father is unlucky. Full of curiosity, Paul asks his mother what luck is, and she tells him, â€Å"‘It’s what causes you to have money. If you’re lucky you have money. That’s why it’s better to be born lucky than rich. If you’re rich, you may lose your money. But if you’re lucky, you will always get more money† (Lawrence, 2). P aul is quite intuitive and interprets that the only way he can finally obtain love from his mother is if he is lucky, much unlike his father. He proudly shares with his mother that he is lucky, but when she does not take his word seriously, he falls into a blinded rage as he madly rides his rocking horse, hoping it will take him to where the luck is, â€Å"‘Now take me to where there is luck!’† (3). By riding his rocking-horse, he knows which horse will win the derby. The association of love with money brings about the idea of a love for money, or greed, which is one of the sevenShow MoreRelatedThe Rocking Horse Winner By F. H. Lawrence, And The Lottery1155 Words   |  5 PagesThe Rocking-Horse Winner, the author utilizes setting, imagery, and irony to accomplish the hidden theme in this short story, which is the absence of love that prompt the quest for cash and material wealth, or greed, and will eventually obliterate happiness and prompt inevitable defeat. In The Lottery, the author uses its setting and irony to show the theme, which is violence and cruelty towards another human being shows there is a lack of love in the community. In The Rocking-Horse Winner, byRead MoreThe Role of Luck and Money in The Rocking Horse Winner686 Words   |  3 PagesRole of Luck and Money in The Rocking Horse Winner D.H. Lawrences The Rocking Horse Winner is an allegorical tale that explores the relationship of luck and money and how Pauls, the storys protagonist, perception thereof influences his behavior. Through an omniscient point of view, the narrator guides the reader through the events that occur without demonstrating bias and thus establishes the story is intended to teach a lesson. The Rocking Horse Winner explores the complex relationshipRead MoreThe Rocking Horse Winner by D.H. Lawrence Essay1000 Words   |  4 Pagesbut neglect the emotional aspects. The overpowering need for money takes a toll on families. D.H Lawrence’s short story explores the dynamics of money and its psychological toll. The story’s unhappy family in D.H Lawrence’s short story, â€Å"The Rocking-Horse Winner†, demonstrates the adverse psychological effects that derive from the insatiable desire of money and mindless consumerism. The stories dissatisfied family demonstrates the adverse psychological effects that arise from the insatiable desireRead MoreEnglish 102 Fiction Essay1129 Words   |  5 Pagesthemes of Shirley Jackson’s, â€Å"The Lottery† and D.H. Lawrence’s, â€Å"The Rocking-Horse Winner† demonstrate a very powerful and sinister aspect of fallen human nature. The characters in both of these stories are driven to what many would describe as insanity in the pursuit of a passion. Ultimately, these pursuits end in unimaginable tragedy and pain. I. The townspeople in â€Å"The Lottery† and the family members in â€Å"The Rocking-Horse Winner† are caught up in their passions. A. Paul is pursuing answersRead MoreHow to Read Lit Like a Prof Notes3608 Words   |  15 Pagesunder different rules, the Red Queen, the White Rabbit, the Cheshire Cat, the Wicked Witch of the West, the Wizard, who is a fraud e. Cinderella: orphaned girl abused by adopted family saved through supernatural intervention and by marrying a prince f. Snow White: Evil woman who brings death to an innocent—again, saved by heroic/princely character g. Sleeping Beauty: a girl becoming a woman, symbolically, the needle, blood=womanhood, the long sleep an avoidance of growing up and becoming a marriedRead MoreHorace Gregory s Short ( But Perfectly Formed D. H. Lawrence : Pilgrim Of The Apocalypse10205 Words   |  41 PagesCHAPTER TWO Inquisitive D. H. Lawrence versus Anally Retentive Mr. Freud Horace Gregory’s short (but perfectly formed) D. H. Lawrence: Pilgrim of the Apocalypse (1933) explains how Lawrence’s two essays on psychoanalysis were motivated by his desire to understand. What he needed to understand was why he was as he was; how the development of masculinity and gender identity were influenced and how obstacles such as an over-possessive mother might impair these developments. Hence, his works onRead MoreHistory of the Development of the Short Story.3660 Words   |  15 Pages20th century, a number of high-profile magazines such as The Atlantic Monthly, Scribners and The Saturday Evening Post published short stories in each issue. The demand for quality short stories was so great and the money paid for such so high that F. Scott Fitzgerald repeatedly turned to short-story writing to pay his numerous debts. The post-war era The period following World War II saw a great flowering of literary short fiction in the United States. The New Yorker continued to publishRead MoreStrategic Marketing Management337596 Words   |  1351 Pagessource of competitive advantage, the rationale for regular and detailed analyses of customers is therefore strong. Chapter 2 Marketing auditing and the analysis of capability M A R K E T I N G A U D I T I N G A N D T H E A N A LY S I S O F C A PA B I L I T Y 45 2.1 Learning objectives When you have read this chapter you should understand: (a) the nature, structure and purpose of the marketing audit; (b) the nature of the contribution made by the marketing audit to the overall managementRead MoreDeveloping Management Skills404131 Words   |  1617 Pages Management—-Study and teaching. 2. Management—Problems, exercises, etc. Kim S. II. Title. HD30.4.W46 2011 658.40071 173—dc22 I. Cameron, 2009040522 10 9 8 7 6 5 4 3 2 ISBN 10: 0-13-612100-4 ISBN 13: 978-0-13-612100-8 B R I E F TA B L E O F C O N T E N T S Preface xvii Introduction 1 PART I 1 2 3 PERSONAL SKILLS 44 Developing Self-Awareness 45 Managing Personal Stress 105 Solving Problems Analytically and Creatively 167 PART II 4 5 6 7 INTERPERSONAL SKILLS

Tuesday, December 17, 2019

Cango Week 2 Video Analysis by Team a Essay - 1467 Words

CanGo Video Analysis- Week 2 The Innovative A’s Consulting Group is glad to run our analysis on your company’s operational process. Your company has done tremendous progress and indeed it is a recommendable success as it started out small and grew to be one of the leading businesses in the industry. In our analysis over the past two weeks, we observed that, if planned well, CanGo has a promising future ahead. Our team came up with certain issues being faced by your company, which we assume, if not resolved, can cause a problem in the long run for CanGo to be more successful. Your company has been lucky over the past few years, but in our evaluation, we concluded that CanGo’s future needs a great deal of strategic planning. By carefully†¦show more content†¦As long as Nick is leading this project, we see that his distractions will ultimately cause failure. He is easily distracted and has no sense of what direction to proceed. Nick has some good ideas as far as what they need to pre pare for the online gaming to launch, such as he hardware and how they will obtain bandwidth. The CanGo team also needs to decide if they are capable to take on this project, since most members are not familiar with online gaming they need to decide if they need to bring in outside help. 4) Financial Budgeting: The CanGo organization is lacking a Project Budget. The group is disorganized and unsure if the project can afford necessary equipment and resources required to complete the project. CanGo’s project team or the project manager needs to develop a project budget, including the goal of the project budget. The project manager will use this budget to help determine if the project is on track and the budget will be used by a number of personal as a guideline to fulfill project milestones. Aspects that need to be considered and included in the project budget are employee compensation, contract services such as hardware and software, equipment and supplies, and the budget should include overhead expenses. Overhead and indirect costs allow the project to absorb part of the administrative costs of the organizations daily operations. Many software options are available on the market today, such asShow MoreRelatedBusn 460 Entire Course Guide Week 1 – 81110 Words   |  5 PagesCou rse Guide Week 1 – 8 Purchase here http://chosecourses.com/BUSN%20460/busn-460-entire-course-guide-week-1-8 Product Description (BUSN 460 Senior Project - DeVry) BUSN 460 Week 1 Team Contract BUSN 460 Week 1 DQ 1 Selling your teams services to CanGo BUSN 460 Week 1 DQ 2 Mission, Vision Values BUSN 460 Week 2 Team Video Analysis Report Week 1-2 BUSN 460 Week 2 DQ 1 Planning a Technological Solution BUSN 460 Week 2 DQ 2 CostBenefit Analysis BUSN 460 Week 3 IndividualRead MoreSenior Project Final Report Guide1715 Words   |  7 Pagesrecommendations based on your research and analysis. You and your team have been hired by CanGo as consultants to help them improve their fast-growing business. The management team at CanGo is busy, not entirely organized and somewhat overwhelmed by their success. They are looking to you as an objective, intelligent, experienced business person - and to your combined experience as a team to help them figure out what they should do in several areas of their business. CanGo can provide very little guidanceRead MoreEssay on Cango Week 2 Video Analysis2603 Words   |  11 PagesProject Management Consultant Group Team – C CanGo Company Weeks 1 amp; 2 Videos Analysis BUSN 460 Senior Project Management Consultant Group Team – C CanGo Company Weeks 1 amp; 2 Videos Analysis DeVry University 5/13/2012 DeVry University 5/13/2012 Team Members Joyce Jones - Team leader, Week - 2 John Inverso Marquetta Macon Adrienne Mccain Shad Mongrue Presented to: Professor Juan Peralta Team Members Joyce Jones - Team leader, Week - 2 John Inverso Marquetta Macon Read MoreCango Week 1 2 Analysis Report Essay example1275 Words   |  6 PagesDreamMakers 2012 Team Video Analysis Report Week 1 and Week 2 DeVry University Video Notes Week 1 1st Issue: Liz the CEO of CanGo company has been selected the Business Leader of the Year. However, she is not prepared to discuss how her company accomplished all this success because she doesn’t have a strategic plan in place. She is somewhat nervous about how she will prepare a speech about a plan that she doesn’t have in place. Recommendation: Liz should think back about theRead MoreCango Wk 4 Swot1702 Words   |  7 PagesSWOT Analysis: Swot stands for strengths, weaknesses, opportunities, and threats. The SWOT analysis will assist CanGo understand the opportunities that are obtainable and what threats may have an effect on its business. Before moving onward with new ventures CanGo needs to evaluate the arrangement they currently have in the market. Performing a SWOT analysis technique would be very beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization.Read MoreEssay on Cango: Strategic Management and Online Gaming761 Words   |  4 PagesSenior Project For the week 2 Team report you are to list 6 issues facing CanGo that you gleaned from the week 1 and 2 videos. They should be prioritized in order of importance. They should be numbered. The team must then come up with an actionable recommendation for each of the issues found. These should also be numbered. 1. CanGo does not have a a concise vision or mission statement that defines who they are as a company. Solution: CanGo needs to find out what market they wantRead MoreBUSN 460 Senior Project Week 2 CANGO Video Analysis Set 2 Answer1566 Words   |  7 Pagesï » ¿Week 2 Video Analysis BUSN460, Senior Project, DeVry University Online WEEK 2 VIDEO ANALYSIS 2 Table of Contents of 6 issues facing CanGo: Issue 1: Absence of planning for the startup business †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3 Issue 2: Missing strategic planning for the future of the company †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 4 Issue 3: Failure to utilize team strategic planning †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 Issue 4: Lack of direction and good communication practices †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Issue 5: Deficiency in communication and organizational/prioritizationRead MoreCango Analysis963 Words   |  4 Pagesobservation is that CanGo is a company that has had some success so far. Liz and her company have many great ideas for the future of the company. However, they still need to create a mission statement to show what the company is trying to accomplish as well as what they are about. Liz was given an award, and just glossed over the story, because she had no idea how CanGo came to where they are. There was lack of planning, and didn’t even have a vision for her company. CanGo has identified a growingRead Moresenior project- CanGo2692 Words   |  11 PagesBusiness Strategy Analysis.....†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦page 5 Managerial Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.page 5 S.W.O.T. Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ page 7 Market Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦page 8 Competitive Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦page 12 Financial Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..........page 18 Strategic Planning†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..page 19 â€Æ' Executive Summary The purpose of this report is to provide CanGo Corporation with guidanceRead MoreEssay on Cango Week 1 and 2 Video Analysis Report2305 Words   |  10 PagesWeek 1 amp; 2 Analysis Report â€Å"Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money† (â€Å"Strategic Thinking†, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We

Monday, December 9, 2019

Ethical and Negligence Issues Faced By MYH Samples for Students

Question: 1.Using the American Accounting Association (AAA) Ethical Decision model Explain the Ethical Issues involved here and recommend a Course of action for Jacqui and Prepare a report for the Managing Partners of MYH on the strength of any negligence case that Oasis might bring against MYH. Answer: Introduction Provided report has been developed for managing partner of Miller Yates Howarth (MYH) by considering the ethical and legal liability issues faced by auditor. This report contains two parts, first parts deals with ethical dilemma of consideration of other facts which are not covered in audit scope but are significant and second part deals with the negligence case in favour of Oasis. First part will be supported by American Accounting Association (AAA) model and second part is supported by case study of Royal Bank of Scotland (RBS). Ethical Issue Concerned case situation has been evaluated by making use of American Accounting Association (AAA) model which consists seven logical step process for making decisions by considering ethical aspects (Curtis, Humphrey Turley, 2016). Facts of the case In the given case situation; Morgan Fertilisers Pty Limited is an important and longstanding audit client of MYH. One of the senior auditor Jacqui Leak of the firm is concerned about their contract with Dumparound Ltd. She is concerned because this contract is not signed despite having involvement of substantial amount, period and consequences. However, another employee Barry does not agree with her concern as according to him they are only responsible for the correctness of financial report. Ethical issues in the case In the present case situation; the main issue is related to consideration of other financial matters in the audit. According to Barry, they are only responsible for the correctness of financial report not for their contracts with other firms. Henceforth; they should focus on assessment and evaluation of financial matter due to which concern of Jacqui Leak is not relevant. However; in accordance with Australian Auditing Standards; theauditoris responsible for planning and performing theauditto attain reasonable assurance to determine whether financial statements are free from material misstatement, error or fraud or not (Simunic Zhang, 2017). As a consequence; matters that can affect the financial status of business are required to be considered in the audit. In the present case; contract with Dumparound Ltd is not signed despite having involvement of substantial amount, period and probable adverse consequences. This issue can affect the future prospect of business. However, the cons idered aspect is not covered in audit scope due to which it is creating an ethical dilemma for an audit firm. Norms, principles and values related to the case Audits refer to the evaluation of financial and accounting information to determine its reliability. The information may be both financial and non-financial and is proposed to be used by internal and external users (Sutherland, 2017). The main propose of external auditing is to provide financial assurance to stakeholders in relation to the reliability of the financial information generated by the organization. The capital market globalization created a big impact on morals of auditing; it is because intellectual diversity shows vast issues about the suitable global ethical standards. Under ASA 200, the auditor has to keep up professional scepticism all over the audit process with identifying the probability that due to fraud financial information will contain material misstatement, in spite of the experience of auditor, honesty and reliability of management and the ones charged with governance (Moroney Trotman, 2016).Until the auditor believed in the dissimilarity, then they must agree to documents and records as authentic. During auditing, the conditions determined can make the auditor to accept that a document might not be genuine or has contained altered terms but have not disclosed to the auditor, then auditor has obligation for further investigation (Knechel Salterio 2016). Further; where there is lack of stability in the response of management enquiries or entity management, the auditor must scrutinize the discrepancies. The Same factor has been promoted by Proposed Auditing Standard ASA 250 which deals with Consideration of Laws and Regulations in an Aud it of a Financial Report (Earley and et.al, 2016). As per this standard auditor have an obligation to ensure all regulatory aspects are satisfied in preparation of the financial report. Alternative courses of action Focusing merely on financial statements If the approach of Barry is considered then; MYH will merely consider financial aspects given in statement as per the concerned audit scope. It is because; they are not allocated to the job to determine that whether the company is a good corporate citizen or not. Raising query for waste management contract between Dumparound and Morgan Fertilisers If the approach of Jacqui is considered then; auditors are required to make queried related to a contractual agreement such as why the signature is not taken, why contractual terms related to impact is missing and who will be responsible in case of loss. Same has to be reported in audit report with additional descriptive attachment. Best course of action consistent with the identified norms, principles and values By considering audit provisions and obligations of auditors in Australia; MYH is required to consider the query raised by Jacqui Leak. It is because; this contract has misleading factors which are probable indicators of fraud and non-compliance with regulations. Despite having substantial amount contract is not signed, and there is no description regarding probable damages. On the basis of this fact; auditors are required to make an appropriate evaluation of this transaction and to ask management regarding the justification of the contract. Consequence of each possible course of action Focusing merely on financial statements In this case audior will be providing an opinion on the basis of financial statements of the company without considering the impact of the contractual agreement. In this fact auditors, responsibilities will not be satisfied as their action is not justified because they are ignoring the interest of stakeholders. Raising query for waste management contract between Dumparound and Morgan Fertilisers Appropriate evaluation of concerned contract to determine whether management is engaged in fraud or not. By considering this approach; they will discharge their responsibility as per ethical aspects cited by Australian Auditing Standards. Decision In accordance with the Australian Auditing Standards; auditors are required to critically evaluate the transactions which have a probability of material misstatements (Ye Simunic, 2013). Further same should be disclosed in their auditor report with the descriptive content. In the present case; auditors are required to highlight non-compliance of regulations by Dumparound Ltd such as making contractual relationship without a signature and justified terms of adverse consequences of contract. Despite fact that management had provided justification of this contract, auditors are required to disclose the fact in the audit report to stakeholders can raise further query if this fact affects their interest (Rathke and et.al, 2016). Legal Liability Issue According to Australian Auditing Standards auditor has legal obligations to ensure audit quality by complying with recognised standards. Further, they must publish transparent audit report as it is used by various stakeholders for making decisions in the context of business. Users of financial information rely on auditors report in terms of accuracy and reliability (Carson, Simnett Vanstraelen, 2013). Due to this factor; Auditors are mainly responsible for their acts concerned with offences under criminal as well as civil law. Criminal law oversees affairs among entities and states; it takes place when an individual (auditor) or entity (audit firm) contravenes a law imposed by the government (Abernathy and et.al, 2015). On the other side, civil law addresses arguments among organizations and individuals. There are two parts of the civil law of specific importance to the profession of auditing, tort law and the contract law (Quadackers, Groot Wright, 2014). These set up principles f or the responsibility of auditor to customer and parties. According to the contract law, parties may search for a solution to contravene of contractual compulsion. Thus shareholders can search for a solution from the auditor, in case they cannot meet the terms of a commitment letter (Lennox Li, 2014). According to the tort law, an auditor can be charged for their in case they contravene a duty of care to a party who as a result is bearing losses. The present case situation is supported by the negligence of auditors due to which Oasis have to suffer from significant losses. It is because; inventory held by Morgan Fertilizers was overvalued and company do not possess the quantity of inventory claimed at the time of the audit. This issue has been arising because auditor had not attended all the stock takes and rely on the provided facts by the company. Further, 50% of the stock of the company was held by Bathurst facility, but auditors neither had taken external confirmation nor requested company for further evidence. It was also revealed that entire audit was conducted in pressure by Morgan Fertilizers due to which provided an opinion is biased, and same make financial information less reliable. Case facts clearly show that auditors have breached their obligations and they had not assessed company affairs in a proper manner. Further, they cannot take benefit of the fact that auditor was not aware of the intended use of accounts because their negligence is the primary factor that caused the losses of Oasis as they had taken the decision of takeover on the basis of the audit report. A similar issue has been raised in the case of Royal Bank of Scotland (RBS). As per this case; in APC Ltd, BJM were the auditors of the entity and RBS was the principal lender. RBS too covers interest of equity in APC. RBS requested APC to provide their financial statement to them in the time period of six months, not during the end of financial year (Harding and et.al, 2016). APC passed the copies of audited accounts to RBS for the purpose of helping RBS in their decisions of lending. However; there were material misstatements in financial accounts due to which RBS has to face losses. Afterwards, RBS charged BJM for the loss occurred because the loss was due to dependency on the auditing accounts of APC and same comprised material misstatements. BJM made application in court to strike out the claim by considering the fact that they did not owe RBS a duty of care. The court made a decision that the information appealed by RBS was enough in law to cause duty of care (Siriwardane, Kin Hoi Hu Low 2014). Considerably, found that there was no direct relationship between RBS and BJM, the auditor can reject liability toward RBI when they observed that RBI was permitted to check the accounts for the aim of helping in the decisions of lending. Lack of disclaimer was a considerable issue supporting the finding of a duty of care (Payne and et.al, 2017). Similarly, in the present case, there is no disclaimer regarding exclusion of obligation and significant breach of auditor obligations. There is a clear case of breach of duty on the part of MYH due to which they are responsible for the losses of Oasis. Conclusion In accordance with the present study conclusion can be drawn that auditors are required to consider their ethical and legal obligations while performing audit procedures. Opinion provided by them must be unbiased and supported by interest of stakeholders to prevent legal claim and discharge their responsibility in an appropriate manner. Non-compliance of cited aspects can lead to severe penalties and legal claims thus auditors are required to operate in fair manner by considering ethical and legal aspect References Abernathy, J., Felix, R., Jamal, K., Krishnamoorthy, G., Pevzner, M. (2015). Comments of the Standards Committee of the Auditing Section of the Accounting Association on the SEC's Concept Release No. 33-9862; 34-75344 File No. S7-13-15, Possible Revisions to Audit Committee Disclosures: Participating Committee Members.Current Issues in Auditing,9(2), C8-C17. Carson, E., Simnett, R., Vanstraelen, A. (2013, September). Auditing the auditors: An international analysis of the effectiveness of national inspection regimes on audit quality. InThe University of Auckland Business School Seminar. Curtis, E., Humphrey, C., Turley, W. S. (2016). Standards of innovation in auditing.Auditing: A Journal of Practice Theory,35(3), 75-98. Earley, C. E., Hooks, K. L., Joe, J. R., Polinski, P. W., Rezaee, Z., Roush, P. B., ... Wu, Y. J. (2016). The Auditing Standards Committee of the Auditing Section e to the International Auditing and Assurance Standard's Board's Invitation to Comment: Enhancing Audit Quality in the Public Interest.Current Issues in Auditing,11(1), C1-C25. Harding, N., Azim, M. I., Jidin, R., Muir, J. P. (2016). A Consideration of Literature on Trust and Distrust as they Relate to Auditor Professional Scepticism.Australian Accounting Review,26(3), 243-254. Knechel, W. R., Salterio, S. E. (2016).Auditing: Assurance and risk. Taylor Francis. Lennox, C., Li, B. (2014). Accounting misstatements following lawsuits against auditors.Journal of Accounting and Economics,57(1), 58-75. Moroney, R., Trotman, K. T. (2016). Differences in Auditors' Materiality Assessments When Auditing Financial Statements and Sustainability Reports.Contemporary Accounting Research,33(2), 551-575. Payne, E. A., Curtis, M. B., Williams, L. T., Wilder, W. M. (2017). Current Issues in Auditing A Publication of the Auditing Section of the American Accounting Association. Quadackers, L., Groot, T., Wright, A. (2014). Auditors professional skepticism: Neutrality versus presumptive doubt.Contemporary Accounting Research,31(3), 639-657. Rathke, A. A. T., Santana, V. D. 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Monday, December 2, 2019

Politics - A Moral Quandary Essays - Agriculturalists,

Politics - A Moral Quandary Ever since I have use of my memory, I do not like politics and the voting process at all. It is because politicians have turned politics and voting into a moral quandary, since you do not know if your vote is to support the improvement of your country or just to put the destiny of the nation into the hand of corrupt people. It is the way political parties and their members try to take control of the power of a nation that makes me sick. Today, the race for a political seat is a battle that has no limits or inhibitions. There are many reasons for me to dislike politics, but certain reasons have the strongest influence on my opinion. Firstly, once candidates are elected they do not do what they were elected for. Secondly, political campaigns are too hostile. Finally, from my personal experience, the possession of power usually corrupts. Firstly, once candidates are elected they do not do what they are elected for. Since I was very little, I have been accustomed to hear and sometimes participate in political discussion among friends and family. The discussions were about what their candidates will do, many endless promises. And then after the election, what those candidates were talking about were only lies made in order to get your vote. Back in Peru, in 1990, a new candidate offered a very interesting proposal for a new government. Alberto Fujimori, an agricultural engineer, had presented one of the most promising programs for the country that at the time was devastated because of terrorism and the international debt produced by the last government. As a new independent face, he won the elections with almost 65% of the Peruvian population in his favor. Five years later he was re-elected because of the great promises he made for this new period and since most people believed that he would do better than in his first period. But with this new period, he did not improve, but destroyed almost everything he had achieved in the last five years. He failed to fulfill almost every proposal he had made when a candidate for re-election. For instance, one of the proposal he made when candidate, was to improve the level of stability in jobs; once he was re-elected, he presented a project that was later approved by his congress, in which allowed enterprises to fire their employees whenever they wanted, and without giving their employees any kind of benefit for the time they had worked. With the emission of this law, enterprises such as Telefonica fired nearly Five thousands of its employees; it is not only Five thousands people without a job, but the first step into massive unemployment, and a false promise of better jobs. In this second period of government, not only did he fail his country, he failed his own principles. Secondly, political campaigns are too hostile. The political arena, in my opinion, has become a battleground where candidates are each others enemies. Their goal is a seat in the congress, for instance, and to achieve this goal they will use the dirtiest strategies in their campaigns, such as disparagement of their opponent. In the few months I have been here in The United States, I have seen many T.V. ads from different political parties, and what they most show is a constant attack on their political contender, making a hostile campaign where they aim to destroy the image and the reputation of their contender. Such has been the case of the last ad I saw, where political groups are unleashing the most inflammatory attack advertising of the 2000 presidential campaign. It has been the case of a group supporting Bush; that produced a television ad that closely mimics one of the most notoriously negative political advertisements ever made. Though very little money was spent to buy airti me for the ad, it was widely covered in the national media. Under eight years of Clinton-Gore, our security has been sold to Communist Red China in exchange for campaign contributions, says the narrator of the 60-second spot. If Clinton-Gore are capable of selling our childrens security, what else are they capable of? The commercial, titled