Swa chp 47 Research Paper Example | Topics and Well Written Essays - 750 words

Swa chp 47 - Research Paper Example ment of appropriate tools to combat corporate fraud, penalize corporate offenders, and dissuade corporate deception making use of threat of stiffer penalties. The Act minimizes the risk of losses incurred by investors in case of fraud and theft. Additionally, the act encourages fraud reporting by setting aside benefit of reliable financial reporting, transparency, and answerability. Generally, the SOX Act addresses the issue of regulation for public companies and their auditors who are required to confirm organization reports on the efficiency of internal financial control as provided by Section 404. The Act’s aim was to help companies audit their accounts (Protiviti 22-30). Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs) of businesses and accounting firms must verify that company accounts and other financial statements are a true representation of the firms or businesses financial situation. Additionally, the firms and business managements must acknowledge annually that they are accountable of the company’s financial control and that the internal systems involved in company financial control are operational accounts. Additionally, the firms and business must ensure that all the departments fully document every practice that impacts on the financial processes of the organization. Furthermore, the organizations must ensure that all the possible risks of occurrence of fraud or financial mismanagement are identified and that relevant controls to counteract such risks are put in place. The Act holds the company CEOs and CFOs personally responsible for all the information comprised in their firms or business financial statements and systems of internal financial regulator accounts. Section 201 made it illegal for public accounting firms to deliver definite audit services to audit clients. However, the public accounting firms are free to provide other non-audit services if they are but they must be pre-approved by the audit committee. The

Ethical Cse Study Essay Example | Topics and Well Written Essays - 1000 words - 1

Ethical Cse Study - Essay Example Therefore it would be better for Jerry McCall to keep away from giving the patient any possible supply of Valium as it is a case of transgression on his part. It would not be any different if the medication requested is for the control of high blood pressure. The case remains the same more or less. This is because then again it is one form of medication that is required to be given by Jerry McCall or any other office assistant at Dr. Williams’ office (Hobkirk, 2011). Jerry McCall would in such a situation ask for advice from Dr. Williams because Dr. Williams would be the best person to seek suggestions from. The patient who is undergoing high blood pressure would then have to ask for assistance from Dr. Williams and would not rely on Jerry McCall’s help and assistance. Jerry McCall will not be protected from a lawsuit under the doctrine of respondent superior in case a patient has an adverse reaction whilst having a flight. Jerry McCall would have to face charges because he is the one who administered medication to the patient. This would also call for charges against Dr. Williams because it is his office that eventually gave the medication to the patient. Even though the medication was ill-advised and uncalled for, the role of Jerry McCall is all the more important (Weber, 2000). This is because he must not provide medication to individuals (patients) as he is unqualified for the post. Since he is an office assistant, he should only stick to what he has been hired for. The lawsuit would therefore be imposed on Jerry McCall and Dr. Williams for their negligence and in putting up with a situation that they could have avoided to begin with. My advice to Jerry McCall would be to make sure that he performs his job to the best of his abilities and not to interfere within the work domains of Dr. Williams. Through this mannerism, he will

Economics Assignment Essay Example | Topics and Well Written Essays - 1250 words

Economics Assignment - Essay Example Other ways to alter money supply in the economy may include altering discount rates, quantitative easing and Funding; however, the main emphasis of monetary policy is the â€Å"Open Market Operations† through which the government alters money supply in the economy. It is first important to understand how banks operate; banks lend out money to open public, this money when lend out in the economy is bound to come back to the banks as deposits by other people. Thus, the bank has more and more money to lend out. However, the bank keeps certain amount of money as a safety measure to cater to demand of withdrawal of money by customers. The percentage of deposit kept safe by the bank is determined by the â€Å"Liquidity Ratio†. Example, if the liquidity ratio is 10%, and Mr. X comes and invests $100 in a bank, the bank would keep $10 as a reserve and would lend out the remaining $90 to customers. This increases money supply; the more money that flows in the bank, the more cred it creation takes place. Open Market operations refer to buying and selling of bonds that happens between the Central bank and the commercial banks. Commercial banks are very powerful when it comes to money creation or contractions. Thus, in case the government wants an expansionary monetary policy, the Central bank would ask the commercial banks to print fancy stamped papers with net amounts written (known as BONDS) and sell them to Central Bank. The central bank would buy the bond and pay the commercial bank money for the bond. Thus, this money is used by the commercial banks to make more credit as they give out this money to buyers. These people spend, Example, Mr. X borrowed $90 and bought a Dell Computer, now Dell would deposit the $90 back in the bank and thus the bank would make a further loan of $81 (90% of $90) and this cycle goes on. This leads to money being multiplied and as a result, because of the Money Multiplier effect, $100 becomes approximately $1000 in the economy at a 10% liquidity ratio rate. This is an expansionary monetary policy that is used in times of recession to bring the economy back or close to the full employment level of output. Money Multiplier = 1 / Liquidity Ratio Similarly, if the government wishes to contract the money supply, it does the opposite; the central bank prints and sells bonds to the commercial banks (taking out its reserves) thus the commercial banks have lesser funds to give out as loans in the economy and the overall economy contracts. This contracts the money supply and is used in times of inflation. This concept also has another vital aspect to it, the impact of interest rates as a result of money supply. Money supply is directly linked to the interest rates, as shown below: Increases in money supply (via expansionary monetary policy) decreases interest rates (as shown above, from i1 to i2), this means people would be less willing to save and hence have a greater marginal propensity to consume*. Consumption will likely to go up as people would tend to spend more than they save, owing to low interest rates. Credit card purchases would be encouraged and investments would be made more attractive at lower interest rates. Also, owing to the wealth effect, the people would be willing to spend

Apostolic Christianity Research Paper Example | Topics and Well Written Essays - 750 words

Apostolic Christianity - Research Paper Example As well as being a powerfully important time with respect to the early growth of the Christian faith, this time period is also responsible for providing all of the works of the New Testament. As such, this period is of significant importance both historically and doctrinally as the foundations of Christianity were defined and the early church formed and differentiated itself in many profound ways. However, beyond a merely historical or theological approach, the study of early apostolic Christianity has taken on a greater relevance of late due to the fact that many scholars are arguing for Christianity to return to a more apostolic model such that the very fundamentals of the Christian faith would be preserved in a real and recognizable way.One of the most important aspects of defining and understanding the historical nature in which the early church operated is attempting to understand the way that its structure worked. This is of special consideration for Biblical scholars and theol ogians who seek to rectify the views of how the individual apostles saw different topics and how they worked to rectify these view within the structure of the early church. In a phrase, the study of this juxtaposition can be called a form of conflict resolution. As certain figures in the early church, notably Peter, were quick to speak and slow to listen, understanding the way in which such figures sought the church’s advice and guidance in seeking to resolve a given issue is of extreme importance (Engelke 2009). This fact is especially important to those that wish to draw a level of inference to the current time, as well as the current individual, with respect to how issues are brought in line with the church by way of the scriptures. As such, understanding the actions, decisions, theology, and conflicts/resolutions that occurred in the early church is a fundamental way in which individuals and theologians can work to understand parallels in the way in which current church doctrines coalesce with those that were implemented and practiced by the early church. Several distinct schools of thought exist with relation to this. As described by Alistair McGrath in his book Single Source Tradition, these methods of interpretation include: single-source tradition, dual source tradition, and a total rejection of tradition (McGrath 1999). As the title of the book implies, McGrath focuses on the single-source tradition as a means of explicating and understanding the way in which the early church operated. Such single-source tradition relies on an understanding of the apostolic Christianity and the traditions that the apostles practiced as a way to contextualize and understand certain precepts and meanings from a theological point of view. Such a historically relevant theological approach demands that the user understand key concepts, beliefs and historical factors as a means of implementing these to better the Christian experience currently. As such, one of the most interesting components of such a means of analysis is not the fact that it places theological research within the context of history but it necessarily requires the current church and individual to reacquaint himself/herself with the fundamental

Real rapes and Real victims Essay Example | Topics and Well Written Essays - 1000 words

Real rapes and Real victims - Essay Example As this is not always the case, the police has made a differentiation between â€Å"real rape† and where the woman herself did not initially think of it as rape but was convinced by other people that it was. Based from the research done (Stewart, Dobbin & Gatowski, 1996), a woman is finally convinced by other people to report the rape by two reasons: Sadly, myths and pre-conceived notions of women have dominated the police’s perception of women claiming rape. Because of these ideas, the police have acted nonchalantly towards these women and have come up with their own criterion to judge who the â€Å"real victim† is. This person, police say, is a woman who did not bring upon the rape to herself. In other words, the â€Å"real victim† acted decently but still found herself a victim of rape. This is when the justice system deems it proper to â€Å"rescue† her. This reasoning may be attributed to a belief in the â€Å"Pedestal Myth†. The pedestal myth puts woman at the top level of the respect and virtue ladder. Under this notion, women are expected to be prim and proper. They are expected to be more honorable than men. They should not drink. They should not hang out and/or drink in bars, wear tempting clothes and the like. Women are expected to be more ladylike. This notion has caused the police to focus more on the credibility of the woman rather than the facts of the case in deciding whether to pursue a rape claim or not. They have created their own standard seemingly based on this pedestal myth and will only investigate a claim if they think the judge will deem the victim believable. This is a very vital point in finding justice for the rape victim. Inasmuch as they are the first group of people who will officially decide whether a crime of rape has been committed or not, the police’s impression of a rape victim is of utmost importance. Similarly, the character and credibility of the victim aid in fig uring out what

The Strategy of Economic Development and World Trade Via Free Markets Essay

The Strategy of Economic Development and World Trade Via Free Markets - Essay Example Patriotic consumption is brought out by the author as it becomes clear following a terrorist act that occurred in 2001. Due to the event, there were many claims by the public figures that the individuals were patriotic in spending their money in the place to stimulate the economy of the country. Due to the event that occurred, the people would be much concerned with personal and family affairs without the observation of the economic objectives of the country. it was noted that Americans had rationales to shopping before the attack occurred but this reduced as there were other new considerations when they did their shopping. According to Murray, preppies are the ones that can be used in the context to bring about linking of the roles. The link comes as the students are able to develop some moderate amount of discipline. Most successful students in their studies are those that have developed discipline and work extra hard in their studies. The students should find time out of class by getting themselves involved in recreational activities such as fine arts or enjoying a beautiful scene. This allows them to show knowledge and appreciation to the scenes. Partying is viewed as an event that enables one to forget about some factors though the event should be restricted to weekends only. Additional self-indulgence is required in activities that are daily carried out and they should be combined with self-discipline. When these practices are considered, there is taking the form of displaying better quality in the activities and goods that one uses (Milner, 78).

Analysis and Evaluation of an Advertisement Essay

Analysis and Evaluation of an Advertisement - Essay Example Further downwards are the following lines of text respectively; ‘Starrex Music Phones’, ‘Customized playlists’ and ‘Sound effects’. These texts are in white. On the background of the above texts are other two lines of text in black, ‘Mix your Music ‘, ‘Karaoke’ The advertisement is neatly designed with the four dancers in positioning themselves in along a curve with the central two appearing much larger than the other two on the extremes. The space in the advert is optimally utilized with both the texts and the images covering about three-quarters of the advertisement pages. The color use in the advert is deep orange in the background especially behind the text and on the upper sections of the beautiful sky. At the centre of the advertisement page are the shades of brown and white which extent to some parts of the sky. As to the effect of the advertisement display; it targets the youth population. The advertisement presents a colorful and a busy display due to the evidently vigorous dance and the fiery coloration of the deep orange just adds to this effect. Because of these aspects, this advertisement presents a wonderful cutting edge presentation that impacts a great deal on the viewer. All these attributes of the advertisement talk a lot of the modernity and such appeal to a larger extent to the youth (Nicolosi 80). To emphasize this, the advertisement persuades the audience to obtain the displayed phone type so as to be in control of their own entertainment, through managing their own customized playlists and being able to mix their own music karaoke. The logical appeal of the advertisement with regard to the logos is great. This is because the consistency and clarity of the message being conveyed, ‘an awesome and joyous experience with respect to entertainment from such a phone’, is the eve emphasized by both the images and colors. Next, with respect to the