Participation and Discussion Questions Essay Example | Topics and Well Written Essays - 1250 words

Participation and Discussion Questions - Essay ExampleA specific ethical challenge an accountant could be confronted with is encountering a client that wants to underestimate the net income in order to pull down his tax obligations. Accountants be not supposed to accommodate these types of requests from clients because it violates the code of ethics of the accounting occupation as well as the generally accepted accounting principles (GAAP). Another ethical concern in regards to pecuniary performance is payroll policies. Companies bum decrease their labor costs by paying below marketplace value to its employees, but such a practice can be counterproductive because personnel result be persuaded to leave the company and work for a competitor that pays better. 2. Discussion questions The Sarbanes Oxley exertion of 2002 helped improved many a(prenominal) aspects of the accounting profession that had ethical implications. For instance Section 404 of SOX deals with internal contro ls. These internal controls can be use to detect misappropriations and impostor. The Act increased the accountability of the profession. CEOs be now responsible for the accuracy of the financial statements. If fraud is detected the Sarbanes Oxley Act created capital punishment penalties of up to 25 years in prison. Sarbanes Oxley positive impacted Wall Street because it increased the customer confidence in the stock market. SOX helped safeguard the assets of a company. The Sarbanes Oxley Act also created auditor independence. The Enron scandal showed that how collusion can occur between and auditors and the managers when auditor independence does not exists. There things that could be done to improve the efficiency of the SOX law. Currently it is costing public companies over $1 million for compliance costs. The Sarbanes Oxley Act should be revised to eliminate the waste or inefficient processes that be causing compliance cost to escalate in the United States of America. Agency p roblems were reduced in companies that ar complying in the Sarbanes Oxley Act of 2002. 3. Participation - Gigi I agree with you to a certain extend that the use of cameras can be perceived as a breach of privacy, but in reality business are protected by the law because they have to right to monitor the work of its employees. A grey knowledge base in the practice is the usage of hidden cameras. The employee should know if they are being recorded by video. It is my sight that hidden cameras without the knowledge of the employee that they are been recorded is unethical and could be violating civil rights, but I am not a lawyer. If anybody knows the answer to this please continue the discussion going. 4. Participation David Accounting is a profession that functions well when the accounting staff has high moral and ethical standards. There have been rotten apples in the corporate world that have caused major accounting scandals such as WorldCom, Tyco, and Enron, but the majority of a ccountants are very honest people. All accountants know they have to comply with the generally accepted accounting principles (GAAP). A lot of people dont realize that accounting is a precise science that when wide-awake following GAAP will always give the same results. Currently the NBA and the players are on a lockout. To me it is sad that the players are claiming that the accounting losses of $300 million that the league suffered are not dead on target considering the fact that a CPA certified those numbers. 5. Participation - Taneda I agree with you that ethics is extremely in-chief(postnominal) in the business

Accounting Theory DB Essay Example | Topics and Well Written Essays - 750 words

Accounting Theory DB - Essay Examples of the dissidents decision, I too changed my opinion based on the fresh insights into the matter shown by the chief financial officer and agreed with the dissenters decision of using the current rates as they would give a truer picture. The current value of the restructured debt would be more(prenominal) apparent using the dissenters method. SFAS 115 was as well as brought up immediately in which marketable equity securities were to be offered either at a clean-living or the current market value. My opinion on this was sought for its impact on objectivity and bias. I preferred using the market value and my response was acknowledged for its correctness. I was informed of a refreshed standard which would only allow FIFO to be used as catalogue and I was asked somewhat its usefulness in terms of verifiability. I agreed with the new standard which was then explained by the CFO, Mr. Washington, as being more verifiable due to elimination of dou ble calculation if both FIFO and last in first out were used.Majority of my suggestions in the exchange of emails in the activity were right. I had a tendency of going for the majority in the first problem but on reflection the dissenters decision seemed more appropriate as using the current discount rate would affect the financial position of the smoke in a positive way. My instinctive response was of using the current market value or a fair price of the securities on offer in the market was correct. Using FIFO for inventory as a sole criterion in the new standard was also an appropriate decision. moving-picture show to accounting theory does influence reasoning power as one can make a more appropriate choice as and when required during a corporations financial formulation and implementation. Knowledge of the minimum standards set up by the SEC (Securities and Exchange Commission) and FASB (Financial Accounting Standards Board) helps in making pertinent decisions which can influ ence the success or failure of a corporation. These regulatory bodies ensure transparency and consistency in

Gender Based Violence in Immigrant Families Research Proposal

Gender ground effect in Immigrant Families - Research Proposal ExampleThis research paper will examine the amount of grammatical sexuality based frenzy that occurs among immigrant families and what the root cause is from those living in this domestic environment. Basis of Gender Based Violence The importance of gender based violence of immigrant families living in Italy is non only created from the primary problems associated with the acts of violence. The concept all overly connecters to cultural associations that create an acceptance of the acts of violence. The association with Sub Sahara Africa is one of the links that is created from this. Marital authority is a common association of those living from the region, leading to spouses not carrying specific mightys in the family and a overleap of rights which atomic number 18 available, specifically to women, living within the household. The pull up stakes is a direct link to innocence putting to deaths, sexual vio lence, criminal abuse and relations to intra-familial violence. The violence is not only related to the cultural beliefs but often causes women to not receive help because of the associations with culture and the rights of to each one spouse within the household. result is a direct link to honor killings, sexual violence, criminal abuse and relations to intra-familial violence. The violence is not only related to the cultural beliefs but often causes women to not receive help because of the associations with culture and the rights of each spouse within the household. The immigrants which come to Italy often dont link to criminal proceedings and are likely to not respond to the gender based violence, instead causing harsh conditions to continue to take root until medical assistance is needed (Barazzetti, Garreffa, Marsico, 2007). The complexity of gender based violence of Sub-Saharan Africans in Italy has rick a compound problem because of the association with culture. Reporters are stating that the difficulty is the honor based violence and killing based on gender is acceptable among the culture and is therefore not able to create the right responses from those within the families. It is noted that 32% of women living in Italy pitch suffered from a form of violence with 80% of this being inside the home. However, only 10% of women from various cultures state that the gender based violence are a crime, while the other 90% believe it is an acceptable form of status that is within the household. It is in addition being stated that because of this mentality, the forms of domestic violence are continuing to fancy up with many overlooking the violence within their own household or becoming a part of the crimes based on honor violence and killings (Momigliano, 2010). Domestic Violence among Immigrants in Italy While there are many that believe the gender based violence is acceptable, there are also figures which show that the hindrances of this form of violen ce is continuing to rise within Italy, specifically among different cultural groups. It is noted that there are 69% of rapes which are conducted by a family member or friend while only 6% occur by strangers. It has also been found that almost 50% of the rapes occur by immigrants and within the same household. It has also been found that over 60% of women have suffered from domestic violence which is gender based while only 26% have considered this a crime. An average of 21% of women that have reported the violence as a crime produce they have been unsatisfied with the responses from the police with little to no help available. The main problem is shown through women that are immigrants and which receive discrimination within the household and from police as well as a lack of policies available for all women who are suffering from domestic vio

Impact of implementing CRM systems in establishing customer loyalty Research Proposal

Impact of implementing CRM systems in establishing customer loyalty - look into Proposal ExampleThe intention of this study is Customer Relationship Management (CRM) as the efficient converse between customers and a company at every contact point. Whether this communication is done by phone, website or e-mail, the important thing is that the customer counts on getting an experience from doing business with the company. CRM systems are there to look a good customer experience. It is a vast system of information on a database of customers and their buying habits, e-mail address, residential address, personal information such as birthday and so on. This information is therefore retrievable by any department that needs it to better the company. Customer Relationship Management is a new innovation in customer service today. CRM helps the customer service staff and management to pick out with customer issues and concerns. CRM entails gathering a great deal of data about the customer. The data is then use in facilitating customer service transactions by availing the information needed to resolve the concern or issue to those dealing with the customers. In the end there are more satisfied customers, more resources uncommitted to the support staff and a more profitable business. Top management can use CRM systems in making adjustments to one of the products sold or deciding whether one of the products on the shelves will be scrapped altogether. CRM systems set about reports that are also invaluable to the companys marketing and advertising planners, as they will be able to identify which ideas work and which do not.

Foreign Direct Investment in India and China Essay

Foreign Direct Investment in India and chinaware - Essay ExampleStatistics get around that in 2001 alone, China received around US $ 53 billion FDI while Indias figures did not crossover even US $ 4 billion indicating that it was below 10 % of what China had attracted ( Internet, Ong, China, FDI China V.S. India / chart). If you go further, China had attracted a phenomenal amount of US $ 60 billions in 2004 while India had received a hardscrabble sum of US $ 5.3 billions in that year (Internet, Venkitaramanan, 2005, Para 9).Now it is clear that inflow of FDI into China had change magnitude from $ 53 billion in 2001 to $ 60 billion having a growth of $ 7 billion in just 3 years while India had seen an increase of just $1.3 billion during the period. This difference has been continuously exploitation year after year making China the most sought after destination for the investiture MNCs. And India has been really struggling to attract more than and more FDI into its soil.This difference is really vast considering that both countries pick up opened up their economies and moved ahead with economic reforms becoming the Asian giants. Both of them are gamy potential consumer markets too because of their huge populations. But, these two countries are still the developing economies and have been desperately spirit for huge volumes of FDI for economic growth.Because of the severe resource crunch at home, developing nations have been increasingly aspect at alternate investment resources for boosting up their industrial growth and creating employment opportunities. Globalisation and internet renewal have only if strengthened the importance of FDI but truly the investing multinational corporations / enterprises go by several factors in choosing the final destination of their huge investments. Krugell argues that the aim of MNCs in internationalising their exertion is to generate more profits and earn more money through the full exploitation of local markets and cheap factors of production (Krugell, 2005 P 53). It is therefore natural for MNCs to invest in countries that would fetch them cheap but efficient labour and highly rated technical expertise among other things. Let us examine and discuss in concomitant how these and other factors have been playing different roles in attracting FDI and creating the disparity in relation to China and India. 3Main essay China has certainly reached an enviable redact in relation to attracting FDI. It has become a favourite spot for all MNCs for pumping in their investments. In fact, China had overtaken the US as the top orbiculate destination for FDI in 2003 (Internet, Business line, 2004, Para 1). The USA had of course regained its topic one position in the very next year, followed by United Kingdom and China (Internet, Venkitaramanan, 2005, Para 3). Standing next only to the US and the UK, China has been consuming major share of the FDI among all the developing nations. When we compare the Ch inese position with that of India, we are bound to conclude that India is not that much favoured by the MNCs. But there is a earth of difference on the perception of FDI between these two countries. United Nations Organisation (UNO, 2003, P 88) reveals that India does not serve as FDI reinvested earnings by foreign companies, overseas commercial borrowings, investments between direct investors / associate companies / subsidiaries and investments by offshore and domestic venture capital funds. On the other hand, China considers a good number of heads as

Economy of Pakistan Essay Example | Topics and Well Written Essays - 1750 words

Economy of Pakistan - Essay ExampleCountry also faces the problems of illiteracy, and charges of monetary ineptitude. But despite such decelerating factors, Pakistan is on the path of growth with the new regime of President Musharraf act with a reformist sparing agenda, assisted by support from multilateral institutions. Pakistans economic performance appears to be improving gradually. A thaw in the relations with India is also helping the country in economic progress. In the 2007 country profile Country-Watch points out that Pakistan is a developing nation with husbandry accounting for almost 25 percent of its GDP, employing about 45 percent of the people (101). In recent years agriculture is declining as a percentage of total output with other economic activities picking up as well, but still agriculture sector remains the primary economic activity in Pakistan. A in high spirits annual population growth rate of two percent not matched with equal emanation in opportunities a nd preferences for the country, is also proving to be a big drain on its economy. Growth of economy and stage business prospects in a country depend mainly on., macroeconomic factors, political stability, economic liberalization, human resource phylogeny index and levels of corruption in the country. A stable business environment requires normalization of the monetary position, with an increased tax base and a more transparent allocation of resources. A stable government helps in infusing confidence amongst investors. Recognizing the need for liberalization, Government of Pakistan is moving to increase the pace of privatization of state entities, and is removing a deed of qualitative and quantitative import restrictions. Financial sector is also seeing a reduction in state involvement with the onset of more and more private banks (EIU, 31). Thanks to such efforts, after some(prenominal) years of declining economic growth, owing to political upheavals, Pakistan has registered g ood growth rate since 2002. GDP grew 5.5 percent in 2003, 7.1 percent in 2004, and 7 percent in 2005. Such sustained growth also resulted in developing the human resource index as well. Development in human resources is also critical factor in judging a country for investment purposes. Pakistan, a country with less than 50% literacy is still in the process of attaining the ratings that its neighbor India has already acquired. In fact lack of such development has prevented Pakistan from joining India in the lucrative software development, BPO and ITES sector (Country-Watch, 101). The human resources index suffers on account of high unemployment rate. A big percentage of Pakistan, especially women is unemployed because. EIU Statistics (40) point out that in 2000, the unemployment rate for unripened women was about twice that of the rate for young men. In 2005 the overall unemployment rate was 7.7 percent. The intentness force grew at an annual average rate of 4.5% during the 1990s, but growth slowed to less than 3% in 2000-05. At end-December 2005 the labor force stood at 47.7m and the number of employed at 44m, leaving 3.7m (7.7% of the labor force) as unemployed. In accession theres substantial underemployment i.e. there are sectors like Agriculture which employ more people than are rattling required. The agriculture sector has been the least tax paying one in this part of the subcontinent, due to bracing of reasons ranging from lack of

The e-government and e-procurement situation in the GCC countries Research Paper

The e-g everywherenment and e-procurement situation in the GCC countries - Research Paper ExampleOman has a high level of economic growth and has a free economy.The new trade and investment laws proffer break in degrees of vitality and flexibility to E-commerce and the government actively participates in the E commerce initiatives to provide for bring out business conditions (2).Qatar is more closed in(p) up and does not allow FDI in some sectors like banking, insurance, actually estate, commercial agencies. Further more not more than 40% of foreign ownership is allowed unless there is a sector like Agriculture, industry, health, education, tourism, leisure and breeding of natural resources, energy, and mining (2).The UAE is the fastest growing economy with the late(a) governments allotment of $13.4 billion towards the development of the non-oil sector, much of which will be spent on telecommunications and reading technology. A recent initiative is the Dubai meshing City whi ch is a great move to UAEs future internet economy (2).Bahrain is an bitant business center and is only recently warming up in the internet race. It is located half way surrounded by the time zones of East and West, and give that the GCC countries (mostly import oriented) have an estimated population of more than 19 one million million million, and added 100 million to adjoining neighboring countries that leads to enormous consumer bases potential. It is account that the Bahrain government is striving towards E-procurement in the sectors of business & financial services, tourism, information technology, telecommunications, healthcare & education (2).... Qatar is more closed up and does not allow FDI in some sectors like banking, insurance, real estate, commercial agencies. Further more not more than 40% of foreign ownership is allowed unless there is a sector like Agriculture, industry, health, education, tourism, leisure anddevelopment of natural resources, energy and mining (2 ).The UAE is the fastest growing economy with the recent governments allotment of $13.4 billion towards the development of the non-oil sector, much of which will be spent on telecommunications and information technology. A recent initiative is the Dubai mesh City which is a great move to UAEs future internet economy (2).Bahrain is an important business centralize and is only recently warming up in the internet race. It is located half way between the time zones of East and West, and give that the GCC countries (mostly import oriented) have an estimated population of more than 19 million, and added 100 million to adjoining neighboring countries that leads to enormous consumer bases potential. It is reported that the Bahrain government is striving towards E-procurement in the sectors of business & financial services, tourism, information technology, telecommunications, healthcare & education (2).In a similar vein Saudi Arabia has followed suit and an even better climate is found in Kuwait where as any Kuwaiti or GCC national over 21 years of age can carry commerce in Kuwait. In Kuwait semipublic procurement is dealt with government of law 37 of 1964, Law 18 of 1970 and Law 81 of 1977. There is no internet procedure for most of the tendering procedures and this has yet to change to promote public procurement (2).2. Role of Internet and the other emerging ICT ways of communication in