Finance Project of Smith and Caughey’s †MyAssignmenthelp.com

Question: Talk about the Finance Project of Smith and Caugheys. Answer: Openings and dangers: Coming up next are the significant open doors that Smith and Caugheys could understanding through the acquisition of another structure for improving its business tasks: Continuation of interest in innovative work: As Smith and Caugheys is an innovation based firm in New Zealand, it needs to participate in consistent advancement for continuing in the market. This would empower the association to improve its present advances for offering something new to the current clients alongside drawing in new ones (Bocken et al., 2013). This would help in expanding the general income base and thusly, net pay of the association. Be that as it may, the inner pace of return would be limited somewhat because of the ascent in starting cost. Key acquisitions: With the assistance of this new undertaking, Smith and Caugheys could make extensive interest in key acquisitions for improving its general procedures (Hamilton Webster, 2015).In request to discover more prominent innovative access alongside setting aside cash and time for building innovation, it could look to get associations that could offer advantages to them. For this situation, no impact would fall on the gross pay of the association; be that as it may, the interior pace of return is relied upon to rise. Coming up next are the significant dangers that Smith and Caugheys could understanding through the acquisition of another structure for improving its business activities: Worldwide monetary condition: It has been seen that there is distinct vulnerability identified with the worldwide political and financial circumstances (Horkoff et al., 2014). With the instability in the costs of oil and gas, the political disturbance is characteristic in the worldwide business condition. This could have negative effect on the interest for the top drive units for Smith and Caugheys. Subsequently, this would diminish the gross pay and the net money inflows of the association, which would have antagonistic impact on IRR. For relieving this danger, it is vital for the association to expand the bit of its held income with the goal that it could utilize the equivalent for running its day by day tasks in such circumstance. Occasional varieties: Smith and Caugheys is vulnerable to request varieties as a result of irregularity, as boring tasks could be led in explicit territories when they are solidified and in certain spots when there is summer (Kotler, Berger Bickhoff, 2016). In this way, occasional varieties could have impact on arranging and execution of the proposed venture, as IRR and gross pay may increment or reduction dependent on the occasional vacillations. For moderating this hazard, new product offerings should be included with the goal that the association doesn't need to experience extreme ruin in deals income because of fall sought after. Working plans/systems: So as to meet the budgetary projections, it is fundamental for Smith and Caugheys to attempt the accompanying arrangement of steps: The initial step is to spread out the figures in a helpful organization and it should be sorted out in a way for spending in every class of use. The following stage is balance the general consumptions with the all out salary for adjusting its venture spending plan. The third step is to guarantee that the assets are used as set out in the underlying spending plan, which could be made with the assistance of a spreadsheet. This is on the grounds that it would support Smith and Caugheys to know whether it has enough in every one of its use classes. References: Bocken, N., Short, S., Rana, P., Evans, S. (2013). A worth mapping device for supportable business modelling.Corporate Governance,13(5), 482-497. Hamilton, L., Webster, P. (2015).The global business condition. Oxford University Press, USA. Horkoff, J., Barone, D., Jiang, L., Yu, E., Amyot, D., Borgida, A., Mylopoulos, J. (2014). Vital business displaying: portrayal and reasoning.Software Systems Modeling,13(3), 1015-1041. Kotler, P., Berger, R., Bickhoff, N. (2016).The core of key administration: What you truly need to know to get by in business. Springer.

Leadership Profile Essay Example | Topics and Well Written Essays - 1000 words

Administration Profile - Essay Example Later in 1978 he got a doctorate certificate in criminal equity from Sam Houston State University Texas. Worked in the Royal Thai Police Department for a long time and resigned as a Lieutenant Colonel in 1987. His last position was Deputy Superintendent of the Policy and Planning Sub-division, General Staff Division, Metropolitan Police Bureau. In the wake of leaving Royal Thai Police and with a few bombed undertakings in 1987 Mr. Thaksin went into business Shinawatra Computer and Communications Group. Mr. Thaksin later left the post of Chairman of the Board of Directors, Shinawatra Computer and Communications Public Company Limited Thaksin entered governmental issues in late 1994 under the greeting of Chamlong Srimuang, the pioneer of Palang Dharma Party and in 1995 he turned into the pioneer of Palang Dharma. Mr. Thaksin held the situation of delegate PM twice; being designated Deputy Prime Minister accountable for Bangkok traffic in 1995 and again in 1997 Deputy Prime Minister under Prime Minister Chavalit Yongchaiyudh. It was in 1998 that he established the Thai Rak Thai Party and turned into the gathering chief. Gotten the Extraordinary Criminal Justice Alumnus Award from the Criminal Justice Center, Sam Houston State University and, later on October 25, 1996, the Recognized Alumni Award from a similar University As it stands Mr. Gotten the Honorary Award from the Mass Media Photographer Association of Thailand (MPA) as the Outstanding Politician who has contributed essentially to the general public As it stands Mr. Thaksin was an amazingly mainstream political pioneer. His dynamic pioneering vision permitted him to build up an immense transnational business aggregate and in ten years become probably the wealthiest individual in Southeast Asia and the world. He twice won avalanche races - in 2001 and 2005 - with his gathering performing superior to any ever. Truth be told, he is the main Thai executive to have finished an entire four-year term after a political race. Thaksin's unmistakable financial, general wellbeing, training, vitality, medications and worldwide relations strategies made him the primary chosen Prime Minister in Thai history to finish his term in office, and helped him win an avalanche re-appointment in 2005. (New York Times, 2006) After the production of Thai Rak Thai, it was his huge monetary assets that permitted him to draw in many cultivated and well known nearby government officials to his gathering. With a conviction of populism and a solid accentuation on guiding more assets to rustic territories and networks, Thai Rak Thai built up a solid provincial base in Thailand. The populist financial arrangement which was likewise named Thaksinomics. included novel projects, for example, One Tambol, One Product, a profoundly effective program intended to urge each sub-locale to build up an item in which it had a particular upper hand and

Youve Applied. Now What

Youve Applied. Now What After months of researching, going on college visits, writing application essays, and getting your applications in on time, youve done it! So now what? 1. Give yourself a pat on the back! Its a lot of work to apply for college, especially if youre applying to multiple colleges and universities. Youve invested a lot of time so far. Take a deep breath. 2. Triple-check everything. You most likely double-checked everything before you hit submit on your application, but I encourage you to go back once more and make sure youve done everything youve needed to do thus far and know whats happening next.  Check your application status page in myIllini to make sure we have everything we need from you to complete your application. At this point, youre probably playing the waiting game, waiting for your decision to be released. Mark those notification dates on your calendar (December 14th for Early Action and March 1st for Regular Action) and make sure you know how and when youll be notified! Apply through Coalition? Make sure you can log in to your myIllini account. That is the only place decisions will be posted. 3. Stay in touch. Check those emails! If were missing something from you, well let you know via email, so make sure youre checking your email for any notifications from us. We also understand that things may change after you submit your application-your spring semester schedule may change or you maybe youve re-taken the SAT or ACT. If so, make sure to let us know. In such cases, youll need to access the course change form on your application status page. This is where youll be able to update information regarding your application. Questions? Call us at 217-333-0302 or email us. Were here to help! 4. Come visit. If you havent done so yet, schedule a visit to campus! We have a variety of visits almost every day (Mondays through Fridays and some Saturdays, too). Looking to schedule a visit for the spring semester? Dont worry! Those dates will be posted on December 15th and you can sign up to come visit then. 5. Apply for Scholarships. If you havent done so, I highly encourage you to complete your FAFSA application now! Many awards are given to students on a first-come, first-serve basis so the sooner you can get it submitted, the better. Now is also a great time to be applying for local scholarships. Our Office of Student Financial Aid has a great list of places to look for scholarships and your high school counseling office most likely has a list of scholarships in your area to apply for as well. 6. Finish strong! Even though we dont ask for your senior year grades in the application, that doesnt mean we dont care about them! One of the best ways you can set yourself up for a great first year on campus is by finishing strong in your senior year classes. Stay focused and try to keep senioritis at bay as best you can! Hannah Admissions Counselor I grew up just 30 minutes north of Champaign-Urbana and am a recent graduate of Illinois. As a former Pathway student, I understand the challenges of adapting to life at both a community college as well as a four-year institution. Whatever you're wondering about, I'll help you out!

Intimate Partner Violence - 1137 Words

Intimate Partner Violence Today’s society contains an overwhelming amount of people â€Å"stuck† in abusive relationships. Why don’t they just pack up and leave one might wonder? Is this because they want to believe that people can change? It is a very disturbing issue, when the person that you are in â€Å"Love† with is the person inflicting so much pain on you. An outsider looking in a on a relationship of this sort will question why women that are victims of Intimate Partner Violence simply do not leave their relationships? Women that are victims of abusive relationships don’t pack up and leave for many reasons. Some women are simply economically dependent of their man and lack job skills or have never even had a job before.†¦show more content†¦Some may fear retaliation. Others, having lived in an abusive relationship for years, may even have come to believe there is no alternative and may even feel that they deserve such treatment. â€Å"Jealousy has a lways been a feature of the relations between men and women: Othello, written four centuries ago, is still instantly comprehensible to us.† Nowadays jealousy is very common, especially in under class men. In fact this is the real reason behind the question that seems to confuse us all, why don’t women in abusive relationships simply leave? As awkward as it might sound, the violence of a jealous man is not caused by his lover’s taking interest in another man. His violence is to make sure that his women is completely his, it is to make sure that he always occupies her thoughts. From the abusers point of view the more random and completely imbalanced the violence the more efficient his method is. Even after the women build up enough strength to leave she is completely tormented from enduring this intolerable behavior throughout their entire relationship, which could have been for numerous amounts of abusive years. This most likely ruins her chances of ever having a normal relationship in the future. Violence is the only token of his commitment to her, and she falsely views this violence as him taking an interest in her. Although jealous men give their partners this false sense of their token of commitment, they soon realize that he is notShow MoreRelatedIntimate Partner Violence1364 Words   |  6 Pagesmurder. Intimate partner violence (IPV), the researcher’s coinage of domestic violence, occurs more than one would think and it is not singularly a United States problem but a global concern. Why and how is IPV a global concern in this modern era? Surely no woman in her right mind would choose to stay in an abusive relationship? Unfortunately, until recently, IPV has been running rampant, being overlooked as an issue just between partners, not a public health concern. Research on domestic violence canRead Moreintimate partner violence1421 Words   |  6 PagesDecember 10, 2013 Intimate partner violence among cohabitating or married couples A part of human nature is to form relationships with others in our society. We form these relationships to preserve ourselves and the greater good of mankind. These relationships we as humans form , are supposed to be synergistic to both parties that are involved in said relationship. Unfortunately, twenty-two percent of women and seven percent of men have been victims of intimate partner violence over the course ofRead MoreIntimate Partner Violence1682 Words   |  7 PagesIntimate Partner Violence Intimate Partner Violence Look around. Can you spot them? She’s sitting next to you in class; she’s the lady that cashes your paycheck on Friday at the bank; she’s the nurse who gave you a tetanus shot; he’s the car salesman who sold you your car; he’s the guy your brother takes guitar lessons from; she’s the lesbian you met last week at the flower shop; he’s the gay guy who serves you pizza at the local pizzeria; maybe it’s your best friend, mother or father. UnfortunatelyRead MoreIntimate Relationship Of Intimate Partner Violence958 Words   |  4 Pages Intimate Partner Violence is a topic that I found highly interesting, due to knowing that in past relationships I have been a part of in the past. When I was 16 years old, I started my first serious relationship; at first I thought that it was a normal relationship. Until a Saturday night driving home, I got back handed in a vehicle for stating my opinion about raising our son; I had a swollen cheek and a cracked lip. He apologized immediately and said that it would never happen again, he was justRead MoreIntimate Partner And Sexual Violence1555 Words   |  7 PagesNational Intimate Partner and Sexual Violence 2010 survey, will provide statistical information on victims who experienced one or more violent crimes from their husband, wife, boyfriend or girlfriend. These crimes arrange from stalking, rape, to physical and mental abuse. It will examine the impact of intimate partner violence on gender, race, and ethnicity. This report will give an overview of health consequences and the implications for prevention for Intimate Partner and Sexual Violence. LastlyRead MoreIntimate Partner Violence And Women1166 Words   |  5 PagesIntimate partner violence (IPV) is described a psychological, emotional, sexual or physical harm to a person by their spouse or former partner (Breiding et al, 2015). National reports have revealed that about one in three women experience IPV (Sharron et al, 2015). Intimate partner violence is a growing epidemic in the United States. However, recent studies have focused on rural regions, such as Appalachia. A study conducted by Peek-Asa et al revealed that women in rural areas are more likely toRead MoreIntimate Partner Violence ( Tda )1654 Words   |  7 Pagesbegin with, Intimate Partner Violence (IPV) has been around for a very long time and it is still a present issue in the United States. There are many forms intimate partner violence such as, sexual, physical, emotional, and psychological. IPV occurs among all religious, socioeconomic, and cultural groups in the United States and other countries. As many people know intimate partner violence tends to come with consequences after the damage is done to the victim. Intimate partner violence does not justRead MoreIntimate Partner Violence And Sexual Violence2050 Words   |  9 PagesThis is a scholarly paper making focus on the very critical topic â€Å"Intimate Partner Violence†. Intimate Partner Violence has been considered to be as a significant public health problem in which various violence are included such as physical violence, sexual violence, stalking and psychological aggression getting by the aggrieved people from their current as well as future intimate partner. This problem has been considered as a very critical one as it impacts immediately and leaves the lifelong consequencesRead MoreWhat Is Intimate Partner Violence?1351 Words   |  6 PagesWhat is Intimate Partner Violence? If one has not lived through it, the meaning is unknown. When we hear the term, we tend to picture a woman covered in bruises. In reality, the damage is much worse. There is many long term effects that run deeper than the physical injuries (Giardino, 2010). Victims experience shame, isolation, detrimental physical and mental health consequences and financial stressor. This also causes dramatic effects on the families of the victims. This violence also affectsRead MoreDomestic Violence : Intimate Partner Violence2915 Words   |  12 Pages Domestic Violence: Intimate Partner Violence Healthy People 2020 Intimate partner abuse describes physical, sexual, and psychological harm by a current or former partner or spouse (Fanslow, McMahon, Saltzman, Shelley, 2002). Healthy people 2020 recognizes physical violence among intimate partners as a topic that should be addressed concerning injury and violence prevention in the United States (Healthy People 2020, 2014). Intimate Partner Abuse is an issue that often affects entire families

The Sexuality Of Women s Sexuality - 817 Words

There are certainly many different ‘types’ of feminists with varying beliefs on various topics. Pornography is one of the most widely disputed of these topics, and has long caused controversy among feminists. Two clear, and distinctly different, sides have been taken by Andrea Dworkin as well as Linda Williams. The former of these two academics has taken the presumably more controversial stance. Dworkin is known for their radical stance that pornography only paints women as whores, as that is how they are seen in a male dominated world. She also is of the opinion that the depictions of female sexuality is accurate to how women are represented in real life: â€Å"The valuation of women’s sexuality in pornography is objective and real because†¦show more content†¦This quote demonstrates not only Williams’ understanding of female agency but also that female sex workers often exist in contrast to some feminists. Moreover, Williams does acknowledge fe male passivity in traditional porn: â€Å"Women, on the other hand, like slaves and boys, were the passive penetrated, who did not move, who were fucked, and who had no power to abstain† (Williams, 368). Contrastingly to Dworkin, Williams acknowledges how pornography has changed from its conception, both in terms of how it is produced, as well as how the women are valued and portrayed in the industry, as she follows the story of Annie Sprinkle. It is the opinion of this author that Williams more accurately represents pornography than Dworkin. Based on the opinions of many authors explored in this unit, it would seem that the terms ‘pornography’ and ‘feminism’ could be considered antonyms. I am sure that many anti-pornography feminists would sooner turn over in their graves before deciding that the two could be correlated. But is that necessarily true? I personally believe that aspects of feminism can be found everywhere, and can be applied in the st rangest of places. It is for this reason that I believe that pornography has the capability to be feminist, though it rarely is. In its creation, women certainly were passive members who had no agency in their participation nor the consumption of pornography. Pornography was kept hidden and censored out ofShow MoreRelatedWomen s Sexuality And Sexuality1271 Words   |  6 PagesWomen’s sexuality has been anything but stagnant, especially within the last 150 years. The very idea of a woman being a â€Å"sexual being† is relatively modern. For centuries, women have been confined to restrictive behaviors until the rise of the sexual revolution in the 1960’s. This movement gave way to new ideas and attitudes not only about a woman’s role in society but also about their sexual identities. For the first time, women were able to freely act out their desires and seek their own personalRead MoreWomen Of Black Sexuality And How The Focus Has Been On Women s Sexuali ty762 Words   |  4 Pagestalks about how white people feared black sexuality and how the focus has been on women s sexuality. Black women were often victimized as slaves and slavery was defined as such. During slavery African American women we notorious for being pregnant and always bearing children. They beared those children because the whites anticipated more slave workers and even being sold to others. During slavery the slave owners maintained wealth and good â€Å"breeder women†. Some children were as young as 6 andRead MoreThe Issues Of Women s Sexuality Essay2011 Words   |  9 PagesThere are many pressing issues that women face regarding their sexuality today. Examples of these issues include sexual violence, harassment, the regulation of women’s bodies, and a multitude of others. Although these issues may seem to be vary, or fall on different places on a spectrum of severity, there is a factor that conjoins all of the aforementioned issues together. Many societal issues which women face regarding their sexuality are tied to the fact that women as sexual beings are stigmatizedRead MoreSocial Aspects Of Women s Sexuality2036 Words   |  9 PagesKilbourne (1999) called it, objectified. However, current media has shed a new light on women, where they are not just sexual objects but active, sexually driven individuals that are empowered to choose and be free with their sexuality and decisions (Gill, 2009). However, according to Gill (2008), there are certain social aspects that this new shift would impact the meaning of empowerment and how women’s sexuality are being view, directly affecting the idea of feminism and the equality of the sexesRead MoreEffects Of Economics And Sexuality On Women s Life1376 Words   |  6 Pagesconcern that will be explored is the effects that economics and sexuality have to do with a women during the time period of 1750-1950.Thus during this large time period much has happened to the economy as well as the life style of a women. Therefore, these two topics play a big role within each other that affected women during this time period. Thus this leads to the subtopics that will be discussed to show that economics and sexuality does go hand and hand. The two subtopics that will demonstrateRead MoreWhite Men s Exploitation Of Black Women s Sexuality1667 Words   |  7 Pageswhite men’s exploitation of black women’s sexuality created an assumption that black women were driven by lust and sexual promiscuity. This false stereotypical assumption by the slave south held black women captive by the patriarchal society of plantations. This gave white males grounds for sexual activity with their enslaved women. Through a slave women’s â€Å"lustfulness,† the antebellum period, (the years prior to the Civil War and between the 1830’s and 1860’s), saw an influx of bi-racial and multi-racialRead MoreWomen s Sexuality, The Lgbtq Community, And Educational Institutions899 Words   |  4 Pages There are a number of discourses surrounding women’s sexualities that make sexual agency difficult to achieve. I will discuss how sexist norms make practices of sexual assertiveness difficult in relation to the double standard of women’s sexuality, the LGBTQ community, and educational institutions. The following aspects demonstrate this: first, a double standard exists for women’s sexualities in the way that both â€Å"slutty† and chaste behaviours are judged and punished. Second, while women’s bisexualityRead MoreMedical Accounts On Women s Sexuality And Sexual Role1581 Words   |  7 PagesWomen occupy a very difficult position in society whereas no matter what they do they will always be considered or looked at as a gender who seem to have something wrong with them. It is often an ongoing factor in society that women are regularly considered to be either mental or suffering from a condition that has affected them in ways in which they act or be have. Sometimes it may not be the case that something is wrong with them it’s just how they are but unfortunately parts of society fail toRead MoreSexuality In Bram Stokers Dracula1082 Words   |  5 PagesSexuality in Bram Stoker s DraculaBram Stoker s Dracula, favorably received by critics upon publication in 1897, entertained its Victorian audience with unspeakable horrors such as vampires invading bedrooms to prey on beautiful maidens under the guise of night. The novel s eroticism proved even more unspeakable. Received in the era of repression, it remains questionable whether Dracula s readership perceived the sexuality flowing from the page. An advocate for the censorship of sexual materialRead MoreThe Birth Control Pill And The Sexual Revolution884 Words   |  4 PagesImagine a country with no sexual freedom, a limiting amount of rights, and no power for American women. This was the image that the United States portrayed around 60 years ago, not giving the same free dom that Americans can have today and express carelessly. During the 1960’s the United States experienced changes in its society that would affect the perspectives of future generations by turning our weaknesses into strengths. During this time, the United States encountered many movements and opportunities

The Brave New World By Aldous Huxley - 906 Words

In the book Brave New World by Aldous Huxley, Marxism is seen through the whole story. In the story everybody serves the society in the world state. Society makes everybody’s needs and are fulfilled, as well as some of the characters show us Marxism in the way they act or where conditioned. Religion is as well seen in the novel and connected to Marxism. Socioeconomic class is one of the main literacy of Marxism shown in the novel due to human behavior. In the beginning it starts off how in the world state human being no longer produce offspring. The world state has a hospital to make humans. They condition their embryos for them to be a certain person with a certain role and goal to accomplish. For the world state to make a huge amount of kids they undergo a process. First they undergo the Bokanovsky process which shock an egg so it divides to make up to ninety-six identical embryos. â€Å"Community, identity, stability.† This process allows the clones to be conditioned to perform the same tasks at the same machines. From there podsop’d technique speeds up the ripening process of the eggs within a single ovary. This allows individuals to use the ova and sperm of the same person within two years. After being fertilized embryos are put in a bottle for two hundred and sixty-seven days just like a human is in the womb. Th e world state just wants to create a society with economic ideologies. â€Å"From each according to his ability, to each according to his need† (Marx’s). According toShow MoreRelatedA Brave New World by Aldous Huxley668 Words   |  3 PagesIn Brave New World, there are similarities that have a deeper meaning that we can understand. There are personal effects in Aldous Huxley life that contribute to what he has written in the book. Aldous Huxley throughout his life have seen, done, and events have happened to him, just like all of us, but he has expressed it in his book. So when Aldous wrote the he had so many ideas. I have read the book; it’s notRead MoreBrave New World by Aldous Huxley811 Words   |  3 Pages Brave New World is based around characters who gave up the right of freedom for happiness; characters who ignored the truth so that they could live in a utopian civilization. The deceiving happiness was a constant reminder throughout the book. Almost every character in Brave New World did whatever they could to avoid facing the truth about their own situations. In this society, happiness is not compatible with the truth because the World State believes that happiness was at the expense of theRead MoreBrave New World By Aldous Huxley1525 Words   |  7 PagesA Brave New Feminist The novel Brave New World written by Aldous Huxley in 1932 is known for its social satire, utopian values, and unusual standpoints on stereotypical gender roles. In this time where futuristic technology has completely taken over, and men and women are given the same opportunities for everything, â€Å"the genders appear equal within the social order; both men and women work at the same jobs, have equal choice in sexual partners, and participate in the same leisure pursuits† (MarchRead MoreA Brave New World by Aldous Huxley664 Words   |  3 Pagesfor the fact being in the future and in the past time has changed and many differences were made. In his Dystopian Society Huxley portrays masses of niches where the government produces clones for specific reasons. Huxley decides throughout Brave New World that cloning humans is unethical. He then becomes in contact with the society’s most powerful Alphas and Betas clones. Huxley suggest in BNW that lower class groups in clo ning humans to act like servants to terrorize them into working hard conditionsRead MoreA Brave New World by Aldous Huxley1189 Words   |  5 Pages In the world of sex, drugs, and baby cloning you are going to be in many situations where you feel like the world we live in should be different. In the story Brave New World, they had sex with multiple partners along with a very bad use of drugs. It is weird that Aldous Huxley wrote this book in 1931 about the world he was living in during that time and how it is similar to the world we live in today. Nowadays, drugs are still being used and people are still engaging in sexual encounters withRead MoreBrave New World By Aldous Huxley968 Words   |  4 PagesAldous Huxley’s utopia in Brave New World foreshadowed and illuminated the complications within modern day society. Upon its release, the narrative became widely banned all over the United States due to the unorthodox thoughts and actions of multiple characters in it. Early readers, as well as modern day audiences, feared and rejected the ideals that Huxley incorporated into his perfect society; however, our society today is heading towards the dark paths the older generations desired to avoid. Read MoreA Brave New World by Aldous Huxley895 Words   |  4 Pagesthe novel Brave New World, Aldous Huxley tells of a society where everyone is the same but, compared to t oday’s society, everything is different. Huxley tells of a world where everything that happens or takes place is because of one’s own desire and nothing more. The hero in the novel, a â€Å"savage† named John, is Huxley’s main focal point. It is through his eyes and mind that the reader sees what’s going on. Now when I read this novel, I began to think, â€Å"Could this perfect, conformed world actuallyRead MoreA Brave New World by Aldous Huxley1684 Words   |  7 Pagesimperfect world and is usually only a hopeful dream. These types of worlds can greatly be described in detail through the world of science fiction. Aldous Huxley was an English writer who lived during a time when war and chaos were engulfing the world. His works reflect his view and thoughts on a dystopia, which is a false utopia, and describes what could occur in possible governments of the world. The ability to understand and dive into the thoughts of the author is what make s world literatureRead MoreA Brave New World by Aldous Huxley614 Words   |  2 Pagesthem truly happy. What if someone were to tell you that what you thought was true happiness was all an illusion. In a Brave New World by Aldous Huxley people in the world state are conditioned and drugged up by soma to not experience true happiness. In a world that is perfect, human beings do not have to depend on drugs to keep our world in balance. In a Brave New World by Aldous Huxley there is always a perfect drug called soma that keeps everyone happy, which they have based their society on. ThisRead MoreA Brave New World by Aldous Huxley948 Words   |  4 PagesWelcome to a world were â€Å"Brave† is not just a word; It has a true meaning. This is a story were everything as you know it, doesn’t seem to be right and will completely change your way of thinking. When this story was written, life was very harsh for many people†¦.Mostly for the author who wrote â€Å"Brave New World† During this time (1930s) they didn’t have much sexual content Living The Future Of The Past In The Present†¦.. In the air; But Aldous made a future full of sex for them and we are the

Quality Assurance and Improvement Program †Free Samples to Students

Question: Discuss about the Quality Assurance and Improvement Program. Answer: Introdcution: Analytical procedures deal with the evaluation of financial information and the use of this procedures helps in increasing the efficiency of auditors. Procedures deal with the analysis and evaluation of expected and plausible relationship between non-financial and financial data by auditors. It might involve use of simple methods for analysis purpose along with using complex models comprising of elements of data and existing of relationships. Using the analytical procedures is helpful to auditors in planning state or preliminary stage. Investigation threshold of auditors helps in increasing the efficiency of procedures in planning stage. This would help in increasing the understanding of audit about the nature of business of clients and recognize any audit risks that would arise by considering unexpected balance or unexpected relationship between data presented. Auditors modify audit plan by depicting the extent of deviations from expected values (Knechel et al., 2016). Several tools that are used in analytical procedures include common size analysis, ratio analysis and benchmarking. Common sizing helps in making the financial performance between the entities over the time and it also makes comparison of financial performance over two different time periods. Auditors such as assets can consider many items and liabilities for examining deviations arise. The audit plan can be analysed by auditors by using the benchmarking tool. Such tool will assist auditors in ascertaining the cause of deviations for detecting variances and determining the root cause. In the current case study, the analytical procedure use by auditors would be ratio analysis. This particular tool helps auditor in identifying the performance tends of DIPL over the period of time and comparing it with other indicators. In the particular case study, calculation of several ratios has been done such as current ratio, solvency ratio and profitability ratio. Application of technique of rati o analysis has been applied in the evaluation of financial information provided by DIPL over the period of three years (Decaux Sarens, 2015). Particulars 2013 2014 2015 Profit margin 0.068 0.60 0.06 Solvency ratio 0.62 0.44 0.21 Current ratio 1.42 1.46 1.50 Ratio Explanation Audit impact Current ratio The liquidity position of DIPL is depicted by calculation of Current ratio. DIPL has witnessed an improvement in their liquidity position as demonstrated by increase in current ratio over the time period. Ratio stood at 1.42 in financial year 2013 and it increased to 1.46 and further to 1.50 in financial year 2014 and 2015 respectively. Increase in current ratio is indicative of the fact that ability of DIPL to meet its current obligations using its current assets. Improvement in current ratio 0f DIPL is mainly associated with is writing back of allowance for loss resulting from inventories. Auditors would be efficient while planning the audit because it will assist them in evaluating the financial position of organization (Knechel, 2016). Profitability ratio The comparative analysis is depicted by calculation of profitability ratio for three-year period. Profit margin of IPL has remained more or less same for three year. Ratio stood at 0.068. 0.60 and 0.60 for financial year 2013, 2014 and 2015 respectively. There have been variations in the ratio only by fewer points. Increased profits have been mainly associated with saving of tax amount resulting from higher amount of interest expenses. Any deviation in ratio would assist auditors in ascertain the reason behind the deviation compared to previous years. There has not been any improvement in profitability ratio. Auditors will be able to assess the going concern ability of DIPL by analysing the reason for falling ratio. Future prospects of organization will be planned due to analysis of this ratio (Earley et al., 2016). Solvency ratio From the above figure, it can be seen that there has been fall in solvency ratio is indicative of fact that there is high probability that company will make default on its debt obligations. Solvency ratio for financial year 2013 stood at 0.62, 0.44 and 0.21 for financial year 2014 and 2015 respectively. Falling ratio indicates that company has been relying more on debts borrowed from financial institutions. Auditors would be assessed in determining financial stability during favourable and unfavourable conditions. This particular ratio helps in identifying that there is an increase in financial risks and it is required by DIPL to maintain adequate flow of cash for meeting long and short-term obligations (Chambers Odar, 2015). Identification of two inherent risk factors due to the nature of operation of business of DIPL: The inability of business to meet their obligations and daily requirements lead to generation of business risks. Inherent risk Risk of material misstatement Information technology risks An organization is posed to several threats due to the adoption of advanced technology for carrying out daily operations. Company adopted an Information technology system in year 2015 for integrating into general ledger system. There can be adverse impact on operations of organization if there exists any deficiency in technology system adopted. DIPL has currently adopted a novel accounting system and there are several risks associated with it. Workers currently working in organization do not have sufficient knowledge and expertise in running the accounting system. Moreover, installation and reconciliation of system will put excessive workload on workers and this will pressurize them to get indulge in fraudulent activities. Accounting information system is exposed to several risks due to some sort of uncertainties arising from natural or manmade disasters (Doelitzscher, 2014). It becomes difficult for company to maintain balance between existing system of accounting software and the new advance system for accounting. Furthermore, certain transactions were not properly recorded as preparation of financial statements did not adhere to periodicity concept in accounting. Financial risks Financial risks are the risks that are related with the inability of organization to meet their long-term obligations. With increase in outside liabilities, financial risks of DIPL will also increase. Over the period of last three years, there has been increase in proportion of debt in comparison to equity. Organization has increasing burden of repaying the amount of loan and regular payment of interest. Inability of DIPL to make the regular payment of interests and principal amount on time would threaten the long-term solvency position of organization (Hardy et al., 2014). It is certainly possible in the current scenario faced by DIPL that certain transactions will not be properly recorded in the financial statements. There are several reasons associated with the fraudulent activities due to manipulation by staff members an workers working therein. Obtaining loan from the lending institutions requires DIPL to maintain the ratios at specific level in order to obtain required loan amount. It is required by DIPL to maintain current ratio at level or around 1.5 and solvency ratio less than one. Maintaining such level of current ratio requires organization to inflate their current assets through increasing value of inventories and receivables. For maintaining the level of prescribed debt ratio has forced the company and they have increased the value of retained earnings through inflating value of equity. In addition to this, there are certain factors that would lead to material misstatement in the financial statements presentations. Lack of proficiency and inefficiency among employees has resulted in improper recording of transactions and they are bound to make mistakes (Duncan et al., 2014). There are additional work load for installing the accounting system and this would also results in additional amount of errors. Two types of fraud risk factors that are related with material misstatements arising from fraudulent reporting due to fraud activities are discussed. There are possibilities on part of operations of DIPL that my lead to evolving of Fraudulent activities. Fraud risks Explanation Nature of control environment Fraudulent practices in financial reporting of DIPL would arise because of poor segregation of work and improper definition for description of job. Account payable clerk does the recording of all the transactions related to inventories. Purchase, valuation and quantity of inventories arrived in organization is prepared by accounting clerk. It is certainly possible that there can be manipulation of inventories recording. This can be done by mentioning fewer amount of inventories received during the time of arrival and manipulation of cash transactions can be done by mentioning that there has been excess arrival of inventories. Moreover, DIPL does not have any proper system of documentation that would help in escalating fraud activities. Other activities that can be accountable as fraud is due to excessive work pressure on existing workers resulting dissatisfaction. They will be asked to maintain particular level of inventories and ensure smooth running of novel accounting system. This particular act would also force and pressurized them to get engaged in activities that might evolve fraud in organization. Debt covenants It is required by the finance department of DIPL to meet various criteria and requirements of lending institutions such as maintaining prescribed level of solvency ratio and current ratio. Two covenants were required for acquiring loan of amount 7.5 million from BDO finance. It was required by DIPL to maintain current ratio at around 1.5:1. In addition to this, it was required by them to maintain debt ratio lower than one. The operations of DIPL would be adversely affected if the organization is not able to maintain the ratio at the prescribed level and loan would be taken back. It is certainly possible that DIPL would be able to maintain and stick on the conditions provided by indulging in fraudulent activities (Bepari Mollik, 2015). DIPL can maintain dent ratio below one by inflating value of retained earnings and inflating current assets would help in maintaining the prescribed level of current ratio. Therefore, in order to meet certain stakeholders, DIPL would be pressurized to indulge in some fraudulent activities. Impact of above two identified fraud risks on conduct of audit plan: It is required by auditors while conducting the audit of any organization to reduce the level of risks faced to some possible extents and to certain acceptable level. Fraud risks Impact of such risks on audit plan Nature of control environment It is required by auditors to carry out investigation for enquiring about any deflation in current liabilities and inflation in the current assets. In addition to this, there needs to bed one careful verification of value of retained earnings mentioned in balance sheet. Such fraudulent activities are mainly attributable to the fact that organization has pressure from the management and investors to maintain particular level of ratio as this will help them in gaining return in investment and good rank from credit agencies (Jones Beattie, 2015). Debt covenants It is required by auditors to make a through verification of the valuation of inventories that is arrival of inventories and their sales should be cross verified. Auditors are required to make reconciliation between the quantity of inventories received and quantities of inventories purchased. This will assist auditors in identifying whether the accounting clerk has made any manipulation or not. References: Ahmed Haji, A., Ahmed Haji, A., Anifowose, M., Anifowose, M. (2016). Audit committee and integrated reporting practice: does internal assurance matter?. 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