The Importance Of Books On The Government s Support Of...

From an extremely young age children are told stories, either from their parents memory, or from storybooks. As they become older they start choosing their own books, they read different series on any topic. The importance of books is shown in the government’s support of libraries. Little children can get their own library cards and read as many books as they wish. These books and stories have an impact, the stories that are internalized can teach important lessons that have the ability to influence in a positive way. I believe that books are the tools in which young people will build their ideas. Therefore it is so important for the correct reading material to be out in the world. If a book is required reading in a school, there is a guarantee it will be read and discussed. When I was in school, it was required to read the works of William Shakespeare, the writing is so different, and it is almost a whole different type of English. The students where at first a little confuse d, yet after the initial confusion came to appreciate beautiful writing. I think it is so important to read about the past, the world is a different place than it was one hundred years ago. At the last lesson in the semester, we learnt about flash fiction, super quick short stories that send a message in a couple of sentences. Compare that kind of writing to Shakespeare’s flowery sentences and it is a completely different thing. Everything is constantly changing, which is why IShow MoreRelatedProfessional Practice Issues Of Health Care Essay1072 Words   |  5 PagesProfessional Practice Issues in Health Care - Ethics Introduction Medical ethics play a huge role in the health care industry. A crucial part of a health care professional s role is to apply appropriate ethical guidelines into clinical settings. Due to its importance there is unlimited amount of references available in different forms regarding to this specific topic, however, the quality, reliability and relevance of each reference can remain questioned and requires further consideration. InRead MoreIntroduction. The Pateman Vincent Statement From 20101486 Words   |  6 Pagesstatement from 2010 suggests that the library profession is either oblivious to, or choosing to ignore the plight of those most in need in society. Seven years on, there is no halt in the growing gap between rich and poor and public libraries are still justifying their existence, in a climate of declining funding for services. Changes to the UK welfare system have accelerated, with a drive for government services to be ‘digital by default’ (Rust, 2014). Public libraries and their staff are amongst theRead MoreVolunteering At The Sacramento Public Library1500 Words   |  6 PagesIt is once said that â€Å"A library is not a luxury but one of the necessities of life†- Henry Ward Beecher. This quote has proven to be true as I volunteered at the Sacramento Public library. Volunteering at the Sacramento Public Library led me to various work experience, and I see it as one of the most important necessities of life, especially for education. At the library, I learned to work around for my social skills as I helped others when in need, I learned to always be punctual, or sometimes earlyRead MoreD. Kinds Of Programs Or User Needs Support1541 Words   |  7 Pagesinformation, reference, etc.) The library offers a weekly storytime for babies to age 5 and one after school program a month for school age children between 5 and 10 years old. A Saturday afternoon book club and one after school program a month is offered for Tweens (ages 10-12). Two after school programs a month are offered for Teens ages 12 - 18. The public library staff visit all schools within the Ellsmore community once a month during lunch time to promote library programs. A Homeschool programRead MoreThe Development and Provison of Prison Library for Juvenile1106 Words   |  5 Pagesperson, they also will have difficulties reinstating back into society and understanding the technological changes that have occurred. In achieving the transformation of inmates, there is a need for training and education of inmates. Though the prison library will be the important facilities to play the role for inmates training and education. BACKGROUND OF STUDY Increasing number of teenagers involved in crime in Malaysia in recent years is worrying. According to Section 2, the Prisons Act 1995Read MoreThe Awareness of Alzheimer’s Disease and the Effect it has on Alzheimer Research1718 Words   |  7 Pagesinterchangeably with Dementia. However, there are many types of different Dementias, but Alzheimer’s is the most well recollected type of the disease. (Lu, 2) Lu give a great definition as to what contribution a normal individual has in the community in her book Alzheimer’s Disease, and relays that this is not what Alzheimer’s patients can do (Lu, 1). â€Å"In order to function independently in our society, one must be able to perform certain basic activities, such as eating and grooming. When someone has DementiaRead MoreEssay on South Africa: A Country on the Rise1327 Words   |  6 Pagesglobal stage and now is an influential player in world affairs. Senior enlisted leaders must understand the importance of South Africa’s continued development and support to United States national interests so that commands will be informed facilitators to the strong bond between these two nations. This paper will discuss South Africa’s background information, government, strategic importance, and future direction of this emerging nation. Background Information South Africa occupies the southernRead MoreHow A Company Needs Help Expand Into New Markets1538 Words   |  7 PagesA company needs funds to expand into new markets, while governments need money for everything from infrastructure to social programs. The problem large organizations run into is that they typically need far more money than the average bank can provide. The solution is to raise money by issuing bonds (or other debt instruments) to a public market. Thousands of investors then each lend a portion of the capital needed. Really, a bond is nothing more than a loan for which you are the lender. The organizationRead More Comparing Confucianism and Christianity Essay1140 Words   |  5 Pageselder and younger brother, and friend and friend (Hopfe). These relationships led a push for a revolution of the political system to adopt the methods of Jen. Confucius sought to revive the ancient Chinese culture by redefining the importance of society and government. He described a society governed by  ³reasonable, humane, and just sensibilities, not by the passions of individuals arbitrarily empowered by hereditary status ² (Clearly). He felt that this could be achieved through education andRead MoreImportance of West Point During the American Rev Essay2246 Words   |  9 Pagesand through them with the St, Lawrence, the great river of the Canada’s†¦by a short portage to the basin of the great lakes and to the magnificent river system of the Mississippi†. [iii] This further show the Hudson River not only represented an importance of military commerce, but communication as well. Communication was another big advantage point of the Hudson River during the American Revolution. Losing the Hudson River for the Continental Army would have meant the isolation between

Summary Of The Great Gatsby - 1327 Words

Livingston English III H Date: 11/7/2017 Dà ©cor From the 1920 s One of the major aspects of the 1920 s was dà ©cor. Art and decoration obtained a role in nearly everything during this time. From parties to everyday life dà ©cor was a very influential aspect during this time. Jesse James In the novel The Great Gatsby, readers are treated with many examples of artistic, decorative, and architectural design by Fitzgeralds excellent descriptions of the colorful environments and locations in the novel. Nick stated, Gatsby s house - The one on my right was a colossal affair by any standard—it was a factual imitation of some Hà ´tel de Ville in Normandy, with a tower on one side, spanking new under a thin beard of raw ivy, and a marble†¦show more content†¦Coco Chanel created a fashion that began to grow rapidly in the 1920 s. She created suits and dresses for women and they became very popular and still are today. Another person that impacted design in the 1920 s was Thomas W. Lamb. He was known as a famous theater and cinema designer. For example, Thomas W. Lamb was known for designing hundreds of theaters and later known as the king of theaters (Gray). Thomas helped to design movie theaters and this sparked an impact on the 20th century. Many people enj oyed and took advantage of how much of an impact people, like Coco and Thomas, had on the 1920 s. If it wasn’t for people like them, we wouldn’t have movie theaters and a cute fashion for women today. Bryant Morgan Among many other things, art began to flourish and change during this era. One 1920 s dà ©cor critic stated, The Art Deco Movement influenced the way that buildings were erected and clothes were made (Modras). Art was such a major aspect during the 1920 s that it changed the way architects were expected to design buildings. This created a new perspective on the way houses and major buildings were looked at. In fact, these buildings were no longer just used for practical purposes but were now created to be pleasing to the eye. In addition, in The Great Gatsby Nick notes, Gatsby s house is also a very lavish building (Fitzgerald 14). Gatsby sShow MoreRelatedThe Great Gatsby Summary1036 Words   |  5 PagesSummer Project 2012- â€Å"The Great Gatsby†: FULL SUMMARY OF â€Å"THE GREAT GATSBY†: During the 1920’s era, within the various movements of prohibition, women’s rights, and the Jazz Age, F Scott Fitzgerald bore a timeless novel by the name of â€Å"The Great Gatsby.† The predominant character, Nick, who duals as narrator, is indecisive but thoughtful. He lives in West Egg on Long Island Sound, amidst the aristocratic air and luxurious titles. Gatsby, Nick’s neighbor, whose affairs apart from his partsRead MoreSummary Of The Great Gatsby 1277 Words   |  6 Pages Nick Lopez Ms. McCauley CP English III 4 April 2017 Death to the American Dream In F. Scott Fitzgerald s novel, The Great Gatsby, all of the characters attempt to achieve a state of happiness in their lives. The main characters are split up into two groups: the rich upper class and the poorer lower class, which struggles to achieve a better, happier life. Although the major characters only seem to look to make their lives even better, the ideal and reality of the American Dream is almost completelyRead MoreSummary Of The Great Gatsby Essay1937 Words   |  8 PagesNoah Myers The Great Gatsby Reading Logs Chapter 1: In the Great Gatsby Chapter 1, The table has been set figuratively and literally. Figuratively because we meet Nick Carraway our narrator for the first time. Plus the rest of the great gatsby main characters, Daisy, Tom and jordan. Nick starts out having dinner with tom, daisy and jordan. The setting is in east egg, but the dinner takes place in west egg at the buchanans house. I think this passage from the great gatsby in the opening of theRead MoreShort Summary of the Great Gatsby11203 Words   |  45 Pagesexceedingly ambivalent about the notion of the American dream: for him, it was at once vulgar and dazzlingly promising. It need scarcely be noted that such fascinated ambivalence is itself typically American. Like the central character of The Great Gatsby, Fitzgerald had an intensely romantic imagination; he once called it a heightened sensitivity to the promises of life. The events of Fitzgeralds own life can be seen as a struggle to realize those promises. He attended both St. Paul AcademyRead MoreSummary Of The Great Gatsby By F. Salinger904 Words   |  4 PagesJ.D. Salinger Jerome David Salinger, one of the most influential authors to arise after World War II, was born on January 1, 1919 in New York City. Little is known about his early life except for his education. He attended schools on the upper west side of Manhattan, which would later be the setting of his most famous novel, The Catcher in the Rye. After flunking out of several prep schools, including McBurney’s, his parents sent him to Valley Forge Military Academy. At Valley Forge he maintainedRead MoreSummary Of The Great Gatsby By Richard Rodriguez869 Words   |  4 Pagesmaterialism is the classic novel, The Great Gatsby written by F. Scott Fitzgerald. Though it has many concepts within it, the one ambiguous term that comes to mind when talking about The Great Gatsby is materialism. The Great Gatsby is centered upon the ideal of materialism. It is surrounded by the flashiness of being wealthy and having all that money can buy. All the characters such as Jay Gatsby, Daisy Buchanan, and Tom Buchanan hold material things very highly. Mr. Gatsby and Mr. Buchanan show this significantlyRead MoreSummary Of The Great Gatsby By F. Scott Fitzgerald1061 Words   |  5 Pagesthat, most people were doubled over gasping to catch their breath. Next, they did hand to hand combat. Last they did some strength training and then they were done for the day. That night he realized something, as he lay awake that he had gained a great friend and overcame his fear. Read MoreSummary Of The Great Gatsby By F. Scott Fitzgerald1732 Words   |  7 Pagessay that would take it all back? No, that would only cause more problems. It was time to talk, but†¦that was terrifying. How do you start a conversation about the fact that you both wanted to relive the past so badly that you sent yourself there? Jay Gatsby would be jealous. Was this just†¦making matters worse? They weren’t totally unprepared, after all: this was the past, not the future. No flying hovercrafts or houses on Mars or†¦marriage to Willow. It was just a thought, really. No rings were purchasedRead MoreSummary Of Sir Taran s The Great Gatsby 956 Words   |  4 PagesWell past the middle of the night, on a clear autumn evening, Bili clapped his hands together. â€Å"Everyone! Calm down and take your seats. It’s about to begin and you’ll never see such a spectacle again in your lives, so sit.† None of the children seemed to heed his instruction, and with a slight scowl, Bili sat next to Asla on a blanket in front of the lake. â€Å"What a gaggle of wild ones.† Taran chuckled. â€Å"Are you accusing our grandchildren of being wild?† â€Å"The grandchildren? No, they’re perfect. It’sRead MoreSummary : The Great Gatsby By F. Scott Fitzgerald847 Words   |  4 Pages Anna Duke, Jordan Shawn What Happened: Duke and Anna planned to runaway together and give love a second chance. Before meeting up, Duke (Ian Buchannan) unsuccessfully tried to call off the hit on Jordan (Vinessa Antoine) for being a police informant (she was able to get the upper-hand and kill the shooter; 5/8). On Julian s orders, Carlos (Jeffrey Vincent Parise) cornered and shot him in the abdomen (5/7). Duke made it to the docks and died in Anna s arms. Carlos bragged that he would likely

Auditing and Materiality Analysis on K and S Corporation

Question: Discuss about the Auditing and Materiality Analysis on K and S Corporation. Answer: Introduction: Financial statements tends to assist investors in their decision making process through transparency in the preparations of balance sheet, income statement and other financial statements. The presence of principle agent relationship, whereby the agent that is the companys executives have a tendency towards behaving in a manner so as to further their own agendas and interests at the cost of the principles, the shareholders. External auditor has been provided to operate independently towards examining the financial statements and other relevant documents in order to identify any form of material misstatements. The ceiling upon the non-audit service fees accepted by the auditors followed by compulsory declaration by the external auditors regarding whether audit has been conducted with due independence reiterates the external auditors role. The credibility of a companys financial proceedings is gathered from the external auditors report. In terms of regulatory measures to be undertaken, the roles of external auditors are imperative as based upon the audited financial statements the evidences can be gathered about a corporate entity. The inputs from the external auditors report is relevant to the management, stakeholders and regulators of the organization, thereby the requirements towards standardization of auditory proceedings in order to mitigate audit risks is paramount. ASA 210, paragraph A23, A24, A25 and A26 states that the auditor, at the inception of audit engagement requires preparing a written financial document that may result towards declaration of the scope of financial report auditing. Further, the aforementioned articles requires the auditor to mention through writing the responsibility on the part of the auditor and companys management team, evaluating the framework utilized for the different sets of auditory proceedings. Such measures are undertaken to ensure a clear notion of the degree of reliabilit y in case of occurrence of material misstatements and misrepresentation of sensitive facts. Purpose of the report: The report is focused upon deriving an audit planning based upon the relevant sets of data regarding financial statements and corporate proceedings that has been provided in the K Ss Annual Report for the financial year 2015. This report seeks to assist in evaluating the different forms of audit risks that are prevalent in the organization through standardized auditory proceedings. Further, the report involves identifying five accounts that are imminently at risks towards being misstated in terms of the material data or information contained in them. The assessment of audit risks relating to the aforementioned five account are to be undertaken in order to gauge the degree of reliability upon the data of these accounts. Inferences and conclusion has been drawn concerning the different set of factors that has been assessed about auditory programs and evaluation of risks pertaining to material misstatements. Understanding the clients business: In order to initiate auditory proceedings, it is imperative to analyze KSs business operations, the quantum of mergers and acquisitions that has been undertaken by the company followed by the financial data pertaining to the different financial periods. Further, analysis of the effects of different sets of economic variables upon the companys operations, such as change in overall degree in demand owing to slow growth process is significant. It is in the sense that such analysis may result towards proper evolution of the companys current financial position and the probability of material misstatements in the company affairs. Entity Analysis: Kain Shelton (KS) is engaged primarily in logistics, freighting and transportation business since its incorporation as a public listed company in 1984 (Ksgroup.com.au. 2016). The company has undertaken several key acquisitions in transportation, haulage and carriers. During the past two decades the company has had made acquisitions of Stepnell Transport, Cochrane Transport, Truganina, Regal Transport and Pacific Transport amongst others (Ksgroup.com.au. 2016). These acquisitions show the level of diversification and market consolidation that the company has undergone. The varied forms of businesses such as oil carrier, manufacturer logistics, liquid and semi liquid carriers, transportations for mining products, warehousing has resulted towards presence of varied sets of assets and investment in KSs portfolio. The company has been found actively involved in financial fraud to the tune of over $7 million as ascertained by McGrathNicol (Ksgroup.com.au. 2016). Despite efforts on the part of the company management, towards recovering back the aforementioned amount the company has not been able to display any material proceedings regarding the claim. In case of the financials, the operating revenue has considerably highlighted a large quantum of increase over the past five years with an increase from $523.4 million in financial year 2011 to $699.2 million in 2015. Moreover, the operating revenue has displayed a considerable increase from $586.2 million to the present $699.2 million highlighting an increase of over 30% in the past 12 months . Comparatively, its operating cash flow has seen a marginal increase in from $47.3 million to $48.1 million showing an increase by just $0.8 million (Ksgroup.com.au. 2016). Economic and Industry Analysis: The slowdown in economic growth has affected the logistics and carrier sector largely owing to the fact that the consumer demand for products has fallen resulting in downsizing of production level in order to mitigate the risks regarding cost overruns. Moreover, territory wise the demand for logistics has subdued owing to the fact that the growth of the manufacturing sector has been hampered severely. The dynamism observed in the context of changing preference levels has resulted towards changing production patterns followed by changing levels of logistical requirements. In terms of road freights, the sector has highlighted slow growth while the B-Doubles, which KS owns by a significant number, has contributed the highest revenues derived from road freights. Figure 1: Road Freight during the last 50 years (Source: bitre.gov.au, 2016) However, it is also imperative to note that the B-Double carriers can operate on a limited sets of routes, thereby the prospects of high-income generation by the road transport has been subdued. Further, the advent of rapid growth in international logistical movements has resulted towards implementation of new sets of logistical contracts whereby the imported goods are delivered directly into the importers premises by the third party logistics (3PL) provider. This has diminished the practice of loading freights from the ports and terminals in order to deliver them to the customer/importers premises. Figure 2: Major Road Freight routes (Source: austlogistics.com.au, 2016) Moreover, companies with large sets of distributional requirements have been actively seeking to develop their own sets of logistics. For instance, the US based online retailing company Amazon has since its inception relied upon 3PL providers such as FedEx to deliver its goods until shifting to develop its own logistical systems. The advancement in terms of trucking and logistics through newer sets of energy efficient and technology driven carriers have the potential towards reducing the cost margins pertaining to logistics industry. In addition, launching of B-Triples carriers may result towards high levels of growth. KS has highlighted vast amount of investment in terms of acquiring numerous sets of transport agencies. Thereby, the company has an affinity towards customizing itself with the new sets of technologies and market penetration activities. The company has displayed optimum levels of adaptation to market scenarios through acquiring different routes and mediums of freight t ransport. Regulatory Analysis: The Australian Logistics Council (ALC) tends to regulate the different sets of policy formulation, policy implementations regarding transport and logistics business in Australias states (pc.gov.au, 2016). The different sets of operations and management of logistical industry are moderated by the council. The delay in terms of documentation on the part of local governments, metropolitan councils and resolving of issues pertaining to the companies engaged in logistical operations has been streamlined through the presence of ALC. The Council provides additional benefits to its corporate members through increasing the threshold levels of freights that can be transportation by a single carrier. Thereby, being a member of ALC results in aggravated levels of benefits derived by KS. The National Regulator on Heavy Vehicles (NHVR) tends to regulate the quantum of logistical activities conducted by the companies using heavy road carriers (pc.gov.au, 2016). Further, in terms of ownership of logistical assets, transport carriers and the different sets of heavy vehicles, the NHVR takes up annual evaluation of the degree of assets ownerships. Thereby, the company has additional sets of regulations pertaining to the assets held by it. The framing of policies during the period between the transportation of goods and the loading and unloading can result in limiting the revenue generating capability of logistics companies. The different sets of zoning issues regarding statewide operations can result towards potential adverse impacts upon the level of issues pertaining to different sets of data. However, recent reforms with the objective of improving the national infrastructure has created high growth and revenue generating opportunities for companies such as KS through de velopment of transport corridors, extending the intermodal connections and undertaking different sets of measures concerning the future expansions logistical businesses. Material Misstatements: Several factors are required to take into account in order to ascertain the accounts that are susceptible towards material misstatements. The primary determinants based on quantitative materiality tend to come from the accounts that contain transactions of significant financial figures (Bigus, 2012). Further, the quantum of transactions taking place through such materially significant accounts can also be taken into considerations in selecting the material accounts. Moreover, the changes in the composition or value of such account over the previous financial years can also be construed as a basis for determining materiality (Sharbatoghlie and Sepehri 2015). For instance, an unusual increase in the figures of an account and its subsequent repercussions on the profitability and performance measures can be regarded as a material change. In addition, the accounts that are deemed relevant for computation of key financial ratios such as solvency, efficiency, liquidity and profitability can be considered as accounts containing risks of material misstatements. In the current report, the selection of accounts with material degree of risks tends to be formed after taking consideration the industry dynamics, the rate of growth and the degree of increase in a particular figure over last year. The five accounts with high risks of material misstatements are: Revenue Account Depreciation and Amortization Account Employee Expense Account Fleet Expense Account Cash A/C and Marketable Securities A/C Calculation pertaining to planning materiality: ASA 320 states the framework pertaining to planning materiality in terms of financial statements (auasb.gov.au, 2016). The net profit after tax is prescribed to have a percentage of 5% materiality benchmark in usual circumstances. Moreover, the benchmark upon revenue figures usually is approximately 1%. Paragraph 10 of ASA 320 states the fact that the benchmarks should be stated for the financial statements as a whole. Further, paragraph 11 and 12 of ASA 320 states the fact that the auditor can review the materiality benchmark from time to time as assess whether there arises any requirement pertaining to changing the benchmark level (auasb.gov.au, 2016). The degree of past involvement of the company in fraudulent activities followed by unusual degree of changes in the levels of revenue figures, depreciation figures coupled with cash, fleet and employee expenses provides for situation to reduce the benchmark. Thereby, the benchmark upon the revenue levels can be ascertained to be at 3%. The acceptable levels of misstatements can be ascertained at a level of 40 percent of the 3 % benchmark level. Thereby, the acceptable set of misstatements comes at 1.2 % of revenue (0.40 * 3%). The above benchmarking has been undertaken after taking account the degree of sensitivity of the shareholders and other stakeholders towards presence of material misstatements in KSs financial figures. The aforementioned degree of overall risks of material misstatements has been ascertained after taking into account the different levels of data. Assessment of the five accounts: ASA 450 tends to highlight the degree of examinations conducted upon the financial statements of the entity towards locating or ascertaining the degree of material misstatements (auasb.gov.au, 2016). The different sets of data pertaining to the different degree of assessment relating to the aforementioned five accounts can have adverse repercussions pertaining to the decision making of the investor s Preparation of Audit Documentation under ASA 230 shows the evidence as regards to the conclusion or inferences draw from the audit clients financial statements (auasb.gov.au, 2016). The revenue or operating revenue account can have a high degree of increase owing to the inclusion of previous years receivables. The cost of goods sold in the account tends to display the fact that the operating and input costs have declined over the past financial period from the levels of $63,545 to $56,936. Therefore, it can be inferred from the above figure that the COGS has declined while the revenue margins has increased over 30% as compared to previous financial periods. Thereby the degree of data pertaining to the different sets of revenue and COGS highlights anomaly in the revenue figures. The employee expenses has showcased an increase from $185,218 in the financial period of 2014 to $219,172. An increase of over 18% in the employee expenses raised queries regarding significant amount of development in the degree of employee benefits and facilitating the degree of benefits towards the level of employee salaries, bursaries and bonus income. The annual report along with the website does not declare any material levels of initiatives in terms of improvement in employee strength or any kind of significant employee based programs. Further, the expenses could arise from a high degree of nonlinear and unaccountable bonuses that are linked with high levels of revenues in order to mitigate the high jump in the revenue figures. The depreciation and amortization expenses have displayed high levels of increase by over 45% from figures pertaining to financial year 2014. The depreciation expenses have highlighted such a high level of increase without a substantial increase in the asset levels of the organization. The degree of data that tends to be showcased by the amortization expenses displays a deliberate measure on the part of the company to undervalue its profitability. The cash and cash equivalent account has displayed a drop in its levels over the past financial period. This can be attributed to high degree of payments made by the company or high quantum of credit sales undertaken by the company. However, the degree of increase in the debtors and receivable levels tends to highlight the fact that the data pertaining to the companys cash levels may be resulted from misappropriation, manipulation or the degree of data regarding cash and quick assets. Moreover, it can also be observed that the figure pertaining to the creditors highlights the fact that the company has paid off its creditors substantially. Thereby, with a large degree of increase in the levels of revenues coupled with lowering of cash levels raises queries regarding financial management policies undertaken by the company. The lack of substantial increase in the levels of debtors and no material changes in the levels of creditors in terms of the level of financial data suggests that th ere is a high probability in terms of material misstatements. Further, the fleet expenses have shown a high degree of increase in value as compared to previous periods. This can be attributed from the fact that the operations of the company has increased exponentially. However, the increase in the levels of assets held by the company is insignificant compared to the rise in revenue levels, amortization and depreciations costs resulting in an inference that such as high quantum of increase in the fleet expenses is not rational in financial terms. Conclusion: The assessment pertaining to KS results displayed that the company has experience high revenue margins over the past financial period. The company is engaged in the logistics and transportation business and has operations in Australia and New Zealand. For the past 25 years, the company has highlighted large degree of acquisition in terms of transport agencies, logistics and road freight carriers. However, the company has been founded to be indulgent towards fraudulent activities resulting in losses by the margins of $7 million. The degree of data pertaining to the financial statements published in the annual report and the official website has been evaluated in order to gauge the current financial position if the company. The current levels of data relating to the transportation and logistics business has been assessed in terms of present opportunities and future prospects. The levels of data pertaining to economy and regulatory authorities has showcased the fact that the company has been able modify its levels of operations and has undergone diversifying tactics in order to provide a high degree of buffer to adverse market conditions. Analysis of the financial statement has been in order to highlight the fact that the company has several sets of unusual increases in terms of revenue levels, cash and marketable securities owned by the company followed by the degree of depreciation and amortization pertaining to the assets held by the company. The assessment made in light of ASA standards has resulted towards evaluation of tendency of the company towards showing misrepresented financial statements. References and Bibliography: Arnold, D.F. and Bernardi, R.A., 2013. An examination of British, Irish, and US partners' responses to ethical dilemmas.Arnold, DF Bernardi, RA:(1997). An Examination of British, Irish, and US Partners' Responses to Ethical Dilemmas, Research in Accounting Regulation,11, pp.149-172. auasb.gov.au, (2016). [online] Available at: https://www.auasb.gov.au/admin/file/content102/c3/Jun11_Compiled_ASA_320.pdf [Accessed 30 Sep. 2016]. austlogistics.com.au, (2016). [online] Available at: https://austlogistics.com.au/wp-content/uploads/2014/07/Economic-Significance-of-the-Australian-Logistics-Indsutry-FINAL.pdf [Accessed 30 Sep. 2016]. Barton, H. and Bruder, N., 2014.A guide to local environmental auditing. Routledge. Bell, T.B. and Griffin, J.B., 2012. Commentary on auditing high-uncertainty fair value estimates.Auditing: A Journal of Practice Theory,31(1), pp.147-155. Bell, T.B. and Griffin, J.B., 2012. Commentary on auditing high-uncertainty fair value estimates.Auditing: A Journal of Practice Theory,31(1), pp.147-155. Bigus, J., 2012. Vague auditing standards and ambiguity aversion.Auditing: A Journal of Practice Theory,31(3), pp.23-45. bitre.gov.au, (2016). [online] Available at: https://bitre.gov.au/publications/2016/files/is_079.pdf [Accessed 30 Sep. 2016]. Christensen, B.E., Glover, S.M. and Wood, D.A., 2013. Extreme estimation uncertainty and audit assurance.Current Issues in Auditing,7(1), pp.P36-P42. DeFond, M. and Zhang, J., 2014. A review of archival auditing research.Journal of Accounting and Economics,58(2), pp.275-326. Furnham, A. and Gunter, B., 2015.Corporate Assessment (Routledge Revivals): Auditing a Company's Personality. Routledge. Hay, D., Knechel, W.R. and Willekens, M., 2014.The Routledge Companion to Auditing. Routledge. Hope, O.K., Langli, J.C. and Thomas, W.B., 2012. Agency conflicts and auditing in private firms.Accounting, Organizations and Society,37(7), pp.500-517. Kellenberg, D. and Levinson, A., 2016.Misreporting Trade: Tariff Evasion, Corruption, and Auditing Standards(No. 22593). National Bureau of Economic Research, Inc. Knechel, W.R., 2013. Do auditing standards matter?.Current Issues in Auditing,7(2), pp.A1-A16. Koretz, D., 2014.Auditing for score inflation using self-monitoring assessments: Findings from three pilot studies(Doctoral dissertation, Harvard College). Ksgroup.com.au. (2016). - KS Corporation Limited. [online] Available at: https://www.ksgroup.com.au/ [Accessed 30 Sep. 2016]. Louwers, T.J., Ramsay, R.J., Sinason, D.H., Strawser, J.R. and Thibodeau, J.C., 2013.Auditing and assurance services. New York, NY: McGraw-Hill/Irwin. pc.gov.au, (2016). [online] Available at: https://www.pc.gov.au/inquiries/completed/regulation-benchmarking-local-government/submissions/sub015.pdf [Accessed 30 Sep. 2016]. Sharbatoghlie, A. and Sepehri, M., 2015. An Integrated Continuous Auditing Project Management Model. In4th International Project Management Conference. Titera, W.R., 2013. Updating audit standard-Enabling audit data analysis. Journal of information systems,27(1), pp.325-331. Yang, K. and Jia, X., 2013. An efficient and secure dynamic auditing protocol for data storage in cloud computing.IEEE Transactions on Parallel and Distributed Systems,24(9), pp.1717-1726. Ye, M. and Simunic, D.A., 2013. The economics of setting auditing standards.Contemporary Accounting Research,30(3), pp.1191-1215. Yoon, K., Hoogduin, L. and Zhang, L., 2015. Big Data as complementary audit evidence.Accounting Horizons,29(2), pp.431-438. Zadek, S., Evans, R. and Pruzan, P., 2013.Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge.

The Injustice Of Slavery Essay Research Paper free essay sample

The Injustice Of Slavery Essay, Research Paper The Injustice of Slavery Slaves were people who were taken from their place land in Africa and brought to America, to function as retainers on farms, making family jobs, etc. Slaves were used from the beginning of clip, by people like the Egyptians. Now a yearss it is illegal to ain slaves, but it still happens. And to this twenty-four hours African Americans are discriminated. In my sentiment, that is merely non just, they did non ask to come over to our state, we brought them here. We are the 1s to fault. Yet, they have to pay. If you were a black adult male and had a test with a white jury, you will likely be guilty. If you are a black adult male, many white people will seek to maneuver clear of you, or look at you in a amusing manner. How did slaves really become free, you might be inquiring yourself. We will write a custom essay sample on The Injustice Of Slavery Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It all began with a adult male named Abraham Lincoln, he wanted to put slaves free. But the southern provinces had big plantations and needed slaves to assist, so this was non a good thought, in their sentiment. This contention led T o the Civil War, which was finally won by the North, and slaves were set free in America. But people discriminated slaves really much, and that was non good. Discrimination of African Americans is non that large now a yearss, but it is still out at that place. Discrimination kind of died out when a adult male named Martin Luther King, Jr. expressed some of his ideas about favoritism. His celebrated address was entitled # 8220 ; I Have a Dream # 8221 ; . Back before his address, African Americans were non treated as people. They had to stand at the dorsum of the coach, they had to populate in a certain country of town, they could non utilize the white public toilets or white imbibing fountains, they could non even eat in the same eating houses as white people. Thankss to many people like Martin Luther King Jr. this is non- existent today. To reason my study, I would wish to state how bad I think bondage really was. To merely take these people from their fatherlands and take them to a topographic point where they would be mistreated, crush, and even killed, is merely wholly un-ethical.