Thursday, November 28, 2019
The Burial of a Navy White Hat
There are so many naval traditions, which amaze ordinary people with its simplicity and unbelievable significance at the same period of time. One of the most captivating traditions is the burial of a White Hat at sea. This tradition makes an E-7 Chief Petty Officer, who is in transition from an E-6 First Class Petty Officer, burn his/her white hat at sea. Advertising We will write a custom essay sample on The Burial of a Navy White Hat specifically for you for only $16.05 $11/page Learn More In order to demonstrate how a person is grateful to wear the uniform that serves for a certain period of time, and how he/she appreciate the chance to say the words of honor to this uniform. It is not just one more White Hat in this life; it is something more important, like an amulet that has accompanied a person during the years of service as a seaman or a Petty Officer of different classes. This is why a eulogy for the E-6 White Hat is the smallest thing that has to be made. My personal eulogy for E-6 First Class Petty Officer White Hat demonstrates how significant the years of my service with that White Hat were to me. Making an E-7 Chief Petty Officer is one of the biggest milestones in my life and my career, a significant step into better future, a goal that is almost achieved. It is not that easy to say ââ¬Å"Good Byeâ⬠for my White Hat in a short period of time. There are so many things have been uniting us: first meeting with new friends, attempts to follow the time in order to perform the necessary duties, first exams, and first disappointments. One day, a person realizes how cruel and unfair this world is, and it is necessary to have some kind of support to rely on any time. People are not honest all the time; this is why it is better to choose another object to be sure about possible help. My uniform served as such kind of support each time. When I wore it, I felt a bit more courageous, a bit more confident, and even a bit h appier. This uniform always reminds me why I am here and why I should be strong and ready for any challenge. If people still believe that they certainly have their own guardian angels, I can say that my White Hat was my guarding angel all the time. When I saw the White Hat for the first time in my life, I had already known that it is a symbol of a Navy that I had to wear with honor. I could not lose it, I had to care about it, and I had no right to change my hat with someone else. Wearing and caring about my White Hat was my first duty, and I had to be as responsible as possible. I agree it was a bit hard, but I also comprehend that my life in a Navy without the White Hat could be much more difficult. This is why I was happy each time I wore this White Hat.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, the time when I have to say ââ¬Å"Good byeâ⬠to my White Hat has come. I cannot p ostpone or omit it. The only thing I have to do right now is to look at it once again, remember all those challenges, we have passed together, and demonstrate my proud and enough powers to change my E-6 White Hat for something more important, more serious, and more prospective, and be ready to become an E-7 Chief Petty Officer. This essay on The Burial of a Navy White Hat was written and submitted by user Byron Bennett to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Monday, November 25, 2019
Free Essays on Silent Spring
In a 1962 letter to a friend, Rachel Carson wrote: The beauty of the living world I was trying to save has always been uppermost in my mind- that, and anger at the senseless, brutish things that were being done. I have felt bound by a solemn obligation to do what I could- if I didnââ¬â¢t at least try I could never be happy again in nature. But now I can believe that I have at least helped a little. It would be unrealistic to believe one book could bring a complete change (Matthiessen 188). Carson did indeed help ââ¬Å"a little.â⬠Her ââ¬Å"one bookâ⬠helped to reform the pesticide industry by removing DDT from products. While it did not ââ¬Å"bring a complete changeâ⬠in the use of pesticides, it did bring about an abundance of criticisms, both positive and negative. In this paper, I will analyze some of the different criticisms of Carsonââ¬â¢s work. I will look at the mostly negative criticisms and show who disagreed with Carson and why. As Rachel Carson opened consumersââ¬â¢ eyes to the dangers of pesticides, she posed a serious threat to chemical companies everywhere. The industries began to threaten her even before Silent Spring was published. As Peter Matthiessen wrote in Time magazine, she was ââ¬Å"violently assailed by threats of lawsuits and derisionâ⬠(188). In ââ¬Å"Green PR: Silencing Spring,â⬠Stauber and Rampton claim that Carsonââ¬â¢s work resulted in a public relations crisis for the agrichemical industry (16). They state that the Velsicol chemical company attempted to ââ¬Å"intimidate its publisher into changing it or canceling the publication.â⬠Also, the National Agricultural Chemical Association ââ¬Å"doubled its PR budgetâ⬠and wrote and released thousands of reviews negatively portraying the book. In addition, ââ¬Å"Monsanto chemical company published The Desolate Year, a parody in which failure to use pesticides [caused] a plague of insects that [devastated ] Americaâ⬠(16). On top of the chemical companiesââ¬â¢ negat... Free Essays on Silent Spring Free Essays on Silent Spring In a 1962 letter to a friend, Rachel Carson wrote: The beauty of the living world I was trying to save has always been uppermost in my mind- that, and anger at the senseless, brutish things that were being done. I have felt bound by a solemn obligation to do what I could- if I didnââ¬â¢t at least try I could never be happy again in nature. But now I can believe that I have at least helped a little. It would be unrealistic to believe one book could bring a complete change (Matthiessen 188). Carson did indeed help ââ¬Å"a little.â⬠Her ââ¬Å"one bookâ⬠helped to reform the pesticide industry by removing DDT from products. While it did not ââ¬Å"bring a complete changeâ⬠in the use of pesticides, it did bring about an abundance of criticisms, both positive and negative. In this paper, I will analyze some of the different criticisms of Carsonââ¬â¢s work. I will look at the mostly negative criticisms and show who disagreed with Carson and why. As Rachel Carson opened consumersââ¬â¢ eyes to the dangers of pesticides, she posed a serious threat to chemical companies everywhere. The industries began to threaten her even before Silent Spring was published. As Peter Matthiessen wrote in Time magazine, she was ââ¬Å"violently assailed by threats of lawsuits and derisionâ⬠(188). In ââ¬Å"Green PR: Silencing Spring,â⬠Stauber and Rampton claim that Carsonââ¬â¢s work resulted in a public relations crisis for the agrichemical industry (16). They state that the Velsicol chemical company attempted to ââ¬Å"intimidate its publisher into changing it or canceling the publication.â⬠Also, the National Agricultural Chemical Association ââ¬Å"doubled its PR budgetâ⬠and wrote and released thousands of reviews negatively portraying the book. In addition, ââ¬Å"Monsanto chemical company published The Desolate Year, a parody in which failure to use pesticides [caused] a plague of insects that [devastated ] Americaâ⬠(16). On top of the chemical companiesââ¬â¢ negat...
Thursday, November 21, 2019
Museum Essay Example | Topics and Well Written Essays - 1000 words
Museum - Essay Example Among others who borrowed from Ancient Egypt tradition were also Ancient Greeks, the beginners of Western civilization, and Arabs, whose culture is commonly considered as the Middle East culture (Oââ¬â¢Connor, 1971). Thus, despite African and Ancient Egypt cultures share the same continent, the two cultures differ. African culture generally, seems more connected to a nature. For example, African ceremonial clothing (Figure 1) is primary made from natural floral materials and looks like a bush. On black mannequin there is some kind of yelm, made from a dry rush plant, which supposed to cover the whole body of oracle or sacrifice. His human identity isnââ¬â¢t visible in such clothing, because his ceremonial mission is more important. Two other issues of the clothing have also a ceremonial destination: a headwear made from natural floral materials and seashells, and a stick, decorated the same way with a headwear. Even more natural and joyful African culture seems, when looking at African dolls (Figure 2). They differ strongly, even from each other, despite they often belong to the same African region. Some are made from wood, and focused on sex and religious characteristics of a woman, other ones are made from soft materials and different bright pieces of texture. It should be mentioned, that all dolls have individual face characteristics, despite that faces may look unnatural (big mouth, schematic eyes, etc.). Itââ¬â¢s mostly noticeable when comparing African dolls to Egyptian Shabti statues, which also look like dolls (Figure 5). Despite Shabti statues too have individual faces, and those faces look more proportional than ones of African dolls, generally Shabti look less individual. They have the same ceremonial posture (standing front-wise with crossed arms), similar schematic haircuts and clothing. Being a part of a well-known Egyptian funeral cult, Shabti statues symbolize servants o f a dead master. However, the most attention is
Wednesday, November 20, 2019
Inquiry into Samsung Essay Example | Topics and Well Written Essays - 1500 words
Inquiry into Samsung - Essay Example Samsung group has grown through acquisitions and mergers like the move to buy DongHwa department store in 1963 and two years later the acquisition of Saena paper industry followed. Samsung electronics were established by Samsung group in the year 1969. However, it was in the 1970s when Samsung made a decision to enter into industries petrochemical, heavy and chemical industries. This was followed by the establishment of a new Samsung shipping company. The Samsung heavy industry was established in 1973. The Samsung group procured Daesung heavy industry to develop the Samsung shipbuilding company. Samsung precision, which was later renamed to Techwin, was established in the same year. Samsung was rising at an extremely high speed and expanding its influence to expanding its industrial influence and empire. This positioned the company to the present day growth culture. Samsung group is known to be one of the companies that are leading in innovation. The company has been introducing the latest Smartphone and has increased its market share by introducing superior products like Smartphone and tablets. The growth of this multinational has been gradual but steadfast. Samsung was founded in the year 1938 by Byung-Chull. The company used to export fruits, vegetables and dried fish produced in Korea. The exports were destined for Beijing and Manchuria in China. The company then started small-scale manufacturing by establishing confectionary machines and flour mills. The company was incorporated in the year 1951. Samsung Corporation started to substitute imported goods with locally manufactured products through the establishment of the industry called Ceil Sugar in the year 1953. This was later followed closely by the establishment of Cheil industries. Samsung group then went ahead to acquire Feb Ankuk Marine and fire insurance in the year 1958. The company was later renamed as Samsung fire and marine insurance. This was followed closely by the acquisition of Jul Dong Bang Life insurance in the year 1963. The company was later renamed to Samsung life insurance in the year 1989 (Michell 2011). However, in 1983, Samsung group has begun to develop the interest in the field of semiconductors. Up to 1983, the company was known to develop semiconductors for the local market. The development of the 64k DRAM (dynamic random access memory) by Samsung Company marked a fresh beginning with regard to international influence (Michell 2011). This marked the beginning of production of many semiconductor chips for the international market from Samsung Company (Chang 2011). In 1985, Samsung data systems were established. The company was rebranded to Samsung SDS in 1986. The aim was to pave the way for Samsung economic research institute. In the following year, Samsung advanced institute of technology was developed as the companyââ¬â¢s main research center. Samsung group acquired KOCA. This was a credit company which was renamed to Samsung credit card in the year 1 995 (Books 2011). Through this, Samsung Company was increasing asserting itself in the world of technology and financial security systems. Samsung began acquiring many international companies with an aim of asserting itself in the international market and increasing its market share. Samsung group faces incredible competition from other South Korean industries.
Monday, November 18, 2019
Three methods of measuring the health of the Australian population and Essay
Three methods of measuring the health of the Australian population and use these to compare the health status of Indigenous and non-Indigenous Australian adults - Essay Example the indigenous people are defined ââ¬Å"as an individual of Torres Strait Islander or Aboriginal origin that identifies as a Torres Strait Islander or Aboriginal and is accepted as such by the society in which he or she lives.â⬠They were the first inhabitants of Australia. They have a less population compared to that of non- indigenous persons. Australias aboriginal population was estimated to be 669,900 people in 2011, which was 3% of the total population (ABS, 2013). There is an extensive gap between the health of the indigenous and the non- indigenous persons thatââ¬â¢s contributed by various factors leading to the inequalities between them. The indigenous group is more disadvantaged as compared to the non-indigenous as stipulated by the AIHW (Australian Health 2014). The importance of this essay is to identify and describe three methods that can be used to measure the health status of both the indigenous and the non-indigenous populations in Australia. It will also help make a comparison between the two Australian groups. The methods will bring out the inequalities that exist between the two groups their differences. The three methods for the measurement of the health status in Australia that will be described in this essay are mortality and life expectancy, circulatory disease, and health risk factors. Life expectancy is an arithmetical measure of how long an organism or person may live. The statistics are obtained from mortality patterns and give information on the well-being of the community. It is given in terms of the number of years one is expected to live too but not the years of the remaining life (AIHW, 2012). In Australia, the indigenous group has a lower life expectancy as compared to the non-indigenous group across all the age groups (AIHW 2011). The death rates for the adults are higher in an indigenous group than in the non-indigenous Australians. They are vulnerable to illnesses that eventually lead to their death. Most of the indigenous deaths
Friday, November 15, 2019
External Auditors and their role in the Corporate Governance Framework
External Auditors and their role in the Corporate Governance Framework External Auditors check companys accounts and report to the company based on the accounts. Basically, the concern is how external auditors conduct these duties effectively. Legislations, such as The Companies Act 1965, have made great efforts to ensure external auditors conduct their duties and obligations effectively. The Code of Corporate Governance in 2001 and the amendment in 2007 have further enhanced the effectiveness of audit in the interests of stockholders and shareholders. In light of the recent scandals involving external auditors in the world, there is a growing concern for corporate governance globally as there is increased reliance by the stockholders and shareholders on external auditors. This study examines the role of external auditors in the corporate governance framework. The study then reviews the financial scandals involving auditors occurred in the world and investigate the role of external auditor in the collapse of the companies. Introduction Corporate governance is a central and dynamic aspect of business. It is very important for corporate success and social welfare. In the wake of Enron, HIH Insurance and other similar cases, countries around the world have reacted quickly by pre-examining similar events domestically. As a speedy response to these corporate failures, the USA issued the Sarbanes-Oxly Act in July 2002, and in UK, the Higgs Report and the Smith Report were published in January 2003 (Solomon, 2007). Nowadays corporate governance is a globally debated topic with many characteristics (Nobel, 1998). However, the concern is whether auditors play an important role in the framework of corporate governance. Corporate Governance Corporate governance is the relationship among various participants in determining the direction and performance of corporations. The main participants are the shareholders, the management and the board of directors. Corporate governance is the process whereby directors of a company are monitored and controlled. There are two areas considered to be fundamental to corporate governance, one is supervision and monitoring of management performance and the other is ensuring accountability of management to shareholders and other stakeholders (Marianne, 2009). Till now, probably the two most important basic elements of good corporate governance have been full disclosure and the presence of independent directors and auditors, who each has their own ways to confirm that the data provided by the corporation are true and fairly stated. The contents of full disclosure are listed out in regulatory demands and professional pronouncements, and companies are expected to fully comply. The independence of the outside director and external auditor means the directors and auditors will have to distance themselves considerably to assure shareholders that they have conducted their tasks (Bavly, 2004). Role of External Auditors in Corporate Governance External auditors play a key role in the corporate governance framework. They conduct one of the most important corporate governance checks that help to monitor managements activities. The audit of financial statement makes disclosures more reliable, thus increasing confidence in the companys transparency. The role of external auditors is to make sure that Board of Directors and the management are acting responsibly towards the shareholders investment interests. By keeping objectivity, the external auditors can add value to shareholders by ensuring that the companys internal controls are strong and effective. And by working with the audit committee and liaising with internal auditors, external auditors can help to facilitate a more effective oversight of the financial reporting process by the Board of Directors (Hassan, 2004). However, the audit expectations gap needs to be acknowledged, as the audit function can only do so much on the fraud. The external auditor can not be expected to find every fraud and error during an audit. In accordance with the Cadbury Report, it is important to know that the external auditors role is not to prepare the financial statements, nor to provide assurance that the data in the financial statements are correct, nor to guarantee that the company will continue as a going concern, but the external auditors have to state in the annual report that the financial statements show a true and fair view. The Cadbury Report highlighted that there was no doubt on whether there should be an audit but rather how the audit could be ensured to conduct effectively and objectively by the external auditors (Solomon, 2007). Auditor Independence External auditors are expected to be independent of the company and report on the company objectively. Actually, auditors can only play their role effectively if they are independent (Peel ODonnell, 1995). They have to conduct their tasks in the most independent and reliable manner to provide investing public with the level of assurance to make their decisions based on the financial statements. According to the Cadbury Report, auditor independence could be affected due to the close relationship between auditors and company managers and due to the auditors intention to develop a constructive relationship with their clients. There are a number of threats to auditor independence, one of which is to provide non-audit services since non-audit services are lucrative. Auditors can obtain the contracts for non-audit services only if they maintain a good relationship with the management. The Cadbury Report stressed that a balance is needed to be achieved in such way that external auditors will work with, not against, company management, but in doing so they need to serve shareholders. This is a difficult path. The easiest way to ensure this balance being attained is suggested to establish audit committees and develop effective accounting standards. The Cadbury Report recommended all companies to establish audit committees. Audit committees serve as representative of shareholder interests. They are not only responsible for monitoring financial reporting process to support good corporate governance, they are also considered to be able to ensure an appropriate relationship exists between the external auditor and the management whose financial statements are being audited (Hassan, 2004). The Smith Report issued in 2003 highlighted that the audit committee needs to be proactive and raise the concern with directors rather than brush them under the carpet. The Report also stressed that all members of audit committee should be independent non-executive directors. Companys annual reports should disclose detailed information on the role and responsibilities of their audit committee. Lessons from Financial Scandals 4.1 Collapse of Enron Enron, the energy trading company based on Texas is the first scandal shaking up the auditing profession. It has led to a crisis to the confidence on auditors and the reliability of financial reporting (Holm Laursen, 2007). The audit quality and the independence of external auditors were questioned. In this case, Enrons audit and accounting function were fraudulent. Arthur Andersen, the auditor of Enron, has been involved in Enrons fraudulent accounting and auditing. Failure of the audit function is one of the key factors contributing to the companys collapse. Enron created The Raptors, four special purpose entities (SPEs). SPEs are established in order that a company can form a joint venture with other interested parties to conduct a specific transaction. This transaction will not subject the other parties to the risks more generally associated with the companys operations. U.S Generally Accepted Accounting Principles (GAPP) allows companies to record the gains and losses of SPEs without reporting their assets and liabilities in certain instances. In this way, Enron avoided adding more than $1 billion debt to its balance sheet without consolidating certain SPEs (Jenkins, 2003). But the problems are, when the losses of these entities quickly rose into billions of dollars, these entities were brought into the core financial statements. It then became clear that Enron itself had great losses. The corporations stock price dropped sharply, and the company went into bankruptcy in December 2001 (Brown, 2005). Examples of Enrons devious accounting exist widely in the corporation. The company recorded profits, for example, from a joint venture with Blockbuster Video that was never materialized (The Economist, 7 February 2002). In 2002, Enron restated its accounts, which is actually a process that reduced reported profits by $600 million (The Economist, 6 December 2001). In fact, the process resulted in a cumulative profit decrease of $591 million and a rise in debt of $628 million for the financial statements from 1997 to 2000. The difference between the profit figures was mainly attributed to the earlier omission of three off-balance sheet entities. Such profit inflation enabled the company to raise its earnings per share (EPS). The company not only manipulated the accounting figures to inflate the earnings, but it also was found to remove substantial amounts of debt from its accounts by setting up a number of off-balance sheet entities. Such special purpose entities can be used to hide a companys liabilities from the balance sheet, in order to make the financial statements look much better than they really are (The Economist, 2 May 2002). It means substantial number of liabilities did not have to be disclosed on Enrons financial statements, because they were mainly attributed to another legal entity. All these issues raise the question, why did Enrons auditor allow this type of activity? This is because the conflicts of interest exist between the external auditor and the management. Conflicts of Interest Conflicts of interest are a frequent problem in the audit profession. Although independent appointment of external auditors by companys shareholders is regularly replaced by subjective appointment by the company management, the auditor is all too often appreciated to the companys senior management. Further, conflicts of interest arise from interactive functions of audit and consultancy. Arthur Andersen has been blamed to apply loose standards in their audits because of conflict of interest over the subatantial consulting fees collected from Enron. In 2000, Andersen collected $25 million for auditing Enrons books in addition to $27 million for consulting services. In 2001, Arthur Anderson earned US$55 million for provision of non-audit services (Brown, 2005). Although Arthur Andersen reported on the companys accounts, they did not report fraud to the shareholders. This is because the fraud was committed by the management. Kenneth Lay, the Chief Executive Officer (CEO) from Feb 1986 until Feb 2001, took home US$ 152 million although the company was facing a loss. If Andersen were to report, they probably will not be appointed in the following years or be engaged in non-audit services (Krishnan, L, 2009). Especially, close relationships are established over time between companies and their external auditors. It can again affect independent judgment and impact on the auditing function. In this case, there are regular exchanges of employees within Enron from Arthur Anderson. Such conflicts of interest affect the corporate governance function. Serious conflicts of interest have also arisen among members of Enrons internal audit committee, which causes the internal audit committee did not perform its functions of internal control and of checking the external auditing function. For example, Lord Wakeham, a member of the audit committee, was at the same time having a consulting contract with Enron (The Economist, 7February2002). This shows that people in responsible positions should have detected fraudulent activities if they were independent. Enrons board of directors was composed of a number of members who have been shown to be willing to conduct fraudulent activity. It is also because the non-executive directors were compromised by conflicts of interest. 4.2 Collapse of HIH Insurance In Australia, the collapse of HIH Insurance Ltd was observed as the beginning of the reflection into external auditors role. HIH is one of Australias biggest insurers, comprising several separate government-licensed insurance companies, including HIH Casualty General Insurance Ltd, FAI General Insurance Ltd, CIC Insurance Ltd and World Marine General Insurances Ltd. On 15 March 2001, HIH went into provisional liquidation with losses of A$ 800 million (Peursem, Zhou, Flood Buttimore, 2007). HIH is one of the largest corporate collapses in Australian history. Similar issues arise as in the Enron case. HIH is claimed to mislead investors by providing incorrect financial reports to the market and HIHs auditor, Arthur Andersen, may have played a part in its collapse. Andersen conducted the external audits for HIH from 1971 until its collapse in 2001. Their contribution to the failure of HIH is considered in the following sections: Audit Practices As part of audit process, auditors will conduct a risk assessment to determine the structure and plan of the audit. Andersen assessed the risk of HIH and deemed it a maximum risk client, however, the engagement team of Andersen had not prepared the risk management plan and therefore the senior management team at Anderson did not review and approve the plan (Peursem, Zhou, Flood Buttimore, 2007). At the end, the auditor simply drew the wrong conclusions. Andersen signed off HIHs annual report for the 30th June 2000 and stated that it was a going concern with net assets of $939 million. Nine months later, HIH collapsed with debts of $5.3 billion (Peursem, Zhou, Flood Buttimore, 2007). Andersen used HIH management reports and forecasts and did not obtain sufficient evidence to get the conclusions they did. The liquidator could not find the documentation on the reasons for considering HIH as a going concern. This implies that Anderson failed to produce sufficient working papers to prove that the audit actually is conducted. Auditor Independence Andersen had a close relationship with HIH. By the time of liquidation, three former Anderson partners who had conducted HIH financial audit work held positions on the HIH board of directors. This obvious lack of independence between the board of directors and the auditors indicated that the best interests of HIH may have not always be a priority. Andersons failure in producing adequate working papers or in obtaining adequate evidence to support their findings have serious concerns on the quality of the audit they did. A significant independence issue is also reflected in the form of Andersons payment to HIH Chairman, Geoffrey Cohen for consultancy fees. These fees totaled $190,887 in nine years and included the use of Andersons office and secretary. These fees were not disclosed to the remaining board members in the annual general meetings (Peursem, Zhou, Flood Buttimore, 2007). The close and complicated financial relationship between the auditors and HIH chairman raise further questions in this case. Finally, the threat to auditor independence is that Andersen provided both audit and non-audit services to HIH. It raises a question on how can an auditor provide an independent opinion on the financial statements when he may play a role in guiding the preparation of the statements? The Royal Commission in Australia, which investigates the collapse of HIH, has found that the largest corporate collapse in Australia was not due to fraud but the result of attempting to cover the cracks on the overpriced acquisition. Andersons role in it appeared to be substantial. Modern Approach to External Auditors Role in Corporate Governance External auditors now have to take a much stricter approach to their clients (Bourne, 1995). There is an increasing view to support that external auditors should take on a more proactive role (Baxt, 1970). The Companies Act has set the stipulation on appointment, eligibility, qualification, disqualification and removal of external auditors (Davies Prentice, 2003). The intention is to ensure that auditors are able to carry out audit in an impersonal, objective and professional way. It is also to ensure that auditors are independent of the company. The reason for such emphasis is to ensure the external auditors are not in a position of conflict of interests. When there is conflict of interest, disclosure must be made to shareholders and stakeholders. Alternatively, there should be prohibition to the provision of non-audit services to the company where they act as auditors. To ensure auditors are truly independent and not in a conflict of interest, auditors should be rotated every year. Thereafter there should be a gap of five years before the same auditors are appointed by the company. Conclusion External auditors have an essential role in corporate governance through their involvement and their examination of financial statements. The external auditors role in corporate governance is a fundamental complement to achieve the desired objective of corporate governance. Therefore, the duties and obligations of external auditors must be expanded for the rights and interests of shareholders and stakeholders. There must be a modern approach to the auditors role in the corporate governance framework.
Wednesday, November 13, 2019
Legend Of Love :: essays research papers
Approximately 500 versions of the Cinderella story are in circulation, making it one of the most famous tales in the world. The plot in this timeless classic has been used as a model for writers for countless generations. Whether in print or on film, Cinderella is an inspirational story. It allows young girls to fantasize being swept off their feet by a sweet, handsome prince, marry and "live happily ever after." For over hundreds of years the story has been refined and reworked, whether as the French "Cendrillon" or as the Brothers Grimm's "Cinderella." Though each tale is revised in different ways, the plot remains a common ground between them. The most recent version is, Ever After: A Cinderella Story, a film by Andy Tennant. This version has a realistic element, which is told to "set the record straight." Like many great love stories before, Ever After: A Cinderella Story, has plenty of conflict between good and evil, right and wrong, and the charming versus the wicked. These conflicts are portrayed through the correlation between each character, and the relationship between the protagonists and the antagonists. The Protagonists Grand Dame Grand Dame is the narrator who is setting the record straight. She is also the Great-Great-Granddaughter of Danielle/Cinderella. While the Brothers Grimm has their version of the Cinderella story, the Grand Dame knows the truth. She summons the Brothers Grimm and explains her family's history as she knows it. As the narrator, her character is a mediator, stepping in when the conflict is elevated. Danielle When she was eight, Danielle's father unexpectedly died. Left with her new stepmother, Rodmilla, Danielle is forced to be a servant to the household. Her strongest link to her father is the book, Utopia that he gave her the night before he died. An intriguing mix of tomboyish athleticism and physical beauty, she has enough charm to capture the heart of a prince. This spirited "Cinderella" is certainly no victim; against all odds, she stands up against a forceful and scheming stepmother. While Danielle does own a gorgeous pair of glass slippers, the words "magic pumpkin" are not in her vocabulary. Prince Henry Prince Henry has a secret. He doesn't want to be King of France. The prince finds peace in running away from the castle to escape from his obligations, including an arranged marriage to the princess of Spain. Prince Henry doesn't recognize his potential until Danielle enters the picture and shows
Monday, November 11, 2019
INTB
A consumer's utility function is = XSL/eye/4, where x is the quantity of good x consumed and y is the quantity of good y consumed. The prices of the two goods are pix and pay, and the marginal utilities of the goods are Mix = (1 /4)x-3/eye/4 and MI-Jay = (3/4)xx/ay-1 ââ¬Ë4. A) Derive the consumers demand for good x. B) Discuss the concept of elasticity, with reference to the demand you derived in (a), and contrasting linear and constant elasticity demands. 4. You have been asked to analyze the market for steel.From public sources, you are able to find that last years price for steel was $20 per ton. At this price, 100 million tons were sold on the world market. From trade association data, you are able to obtain estimates for the own price elasticity of demand and supply on the world market as 0. 5 for supply and -0. 25 for demand, respectively. Suppose you know that demand and supply equations in the market are linear. Solve for the equations of demand and supply in this market. INTO 334 By arrival luxuries (L).The consumer's tastes are represented by the utility function IS=FL. Food 2. Let income be I = 80, Pix=4, Pay= 1, and utility U = xx (with marginal utility MIX = y and MI-Jay = x). B) Now, let the price of x fall to 1 and the income fall to 50. Otherwise, there is no utility function is IS(x,y) = XSL /eye/4, where x is the quantity of good x consumed and y the marginal utilities of the goods are MIX = (1 /4)x-3/eye/4 and MI-Jay = (3/4)xx/ay-114. A) Derive the consumer's demand for good x. Able to find that last year's price for steel was $20 per ton. At this price, 100 million
Friday, November 8, 2019
5 Pillars of Archaeological Method
5 Pillars of Archaeological Method I was horrified at hearing of the rough shoveling out of the contents and protested that the earth ought to be pared away inch by inch to see all that was in it, and how it lay. WM Flinders Petrie, describing how he felt at eight years of age, on seeing the excavation of a Roman villa. Between 1860 and the turn of the century, five basic pillars of scientific archaeology were enunciated: the ever growing importance of stratigraphic excavation; the significance of the small find and plain artifact; the diligent use of field notes, photography and plan maps to record excavation processes; the publication of results; and the rudiments of cooperative excavation and indigenous rights. The Big Dig Undoubtedly the first move in all of these directions included the invention of the big dig. Up until that point, most excavations were haphazard, driven by the recovery of single artifacts, generally for private or state museums. But when Italian archaeologist Guiseppe Fiorelli [1823-1896] took over the excavations at Pompeii in 1860, he began excavating entire room blocks, keeping track of stratigraphic layers, and preserving many features in place. Fiorelli believed that the art and artifacts were of secondary importance to the real purpose for excavating Pompeiito learn about the city itself and all its inhabitants, rich and poor. And, most critical for the growth of the discipline, Fiorelli began a school for archaeological methods, passing along his strategies to Italians and foreigners alike. It cant be said that Fiorelli invented the concept of the big dig. German archaeologist Ernst Curtius [1814-1896] had been attempting to amass funds for an extensive excavation since 1852, and by 1875 began excavating at Olympia. Like many sites in the classical world, the Greek site of Olympia had been the subject of much interest, especially its statuary, which found its way into museums all over Europe. When Curtius came to work at Olympia, it was under the terms of a negotiated deal between the German and Greek governments. None of the artifacts would leave Greece (except for duplicates). A small museum would be built on the grounds. And the German government could recoup the costs of the big dig by selling reproductions. The costs were indeed horrific, and German Chancellor Otto von Bismarck was forced to terminate the excavations in 1880, but the seeds of cooperative scientific investigations had been planted. So had the seeds of political influence in archaeology, which were to profoundly affect the young science during the early years of the 20th century. Scientific Methods The real increases in techniques and methodology of what we think of as modern archaeology were primarily the work of three Europeans: Schliemann, Pitt-Rivers, and Petrie. Although Heinrich Schliemanns [1822-1890] early techniques are today often disparaged as not much better than a treasure-hunter, by the latter years of his work at the site of Troy, he took on a German assistant, Wilhelm DÃ ¶rpfeld [1853-1940], who had worked at Olympia with Curtius. DÃ ¶rpfelds influence on Schliemann led to refinements in his technique and, by the end of his career, Schliemann carefully recorded his excavations, preserved the ordinary along with the extraordinary, and was prompt about publishing his reports. A military man who spent a great deal of his early career studying the improvement of British fire-arms, Augustus Henry Lane-Fox Pitt-Rivers [1827-1900] brought military precision and rigor to his archaeological excavations. He spent a not-inconsiderable inheritance building the first extensive comparative artifact collection, including contemporary ethnographic materials. His collection was decidedly not for beautys sake; as he quoted T.H. Huxley: The word importance ought to be struck out of scientific dictionaries; that which is important is that which is persistent. Chronological Methods William Matthew Flinders Petrie [1853-1942], known most for the dating technique he invented known as seriation or sequence dating, also held high standards of excavation technique. Petrie recognized the inherent problems with large excavations, and assiduously planned them out ahead of time. A generation younger than Schliemann and Pitt-Rivers, Petrie was able to apply the basics of stratigraphic excavation and comparative artifact analysis to his own work. He synchronized the occupation levels at Tell el-Hesi with Egyptian dynastic data, and was able to successfully develop an absolute chronology for sixty feet of occupational debris. Petrie, like Schliemann and Pitt-Rivers, published his excavation findings in detail. While the revolutionary concepts of archaeological technique advocated by these scholars gained acceptance slowly around the world, there is no doubt that without them, it would have been a much longer wait. Sources A bibliography of the history of archaeology has been assembled for this project. History of Archaeology Part 1: The First ArchaeologistsPart 2: The Effects of the EnlightenmentPart 3: Is the Bible Fact or Fiction?Part 4: The Astounding Effects of Orderly MenPart 5: The Five Pillars of Archaeological Method Bibliography
Wednesday, November 6, 2019
How to Conjugate the French Verb Passer (to Pass)
How to Conjugate the French Verb Passer (to Pass) Meaning to pass, the French verbà passerà is an easy one to remember and the conjugations are not too difficult, either. French students who have studied other regular -erà verbs will find this lesson relatively simple to follow. By the end, youll be familiar with the basic present, past, and future tenses of this very common verb. How to Conjugateà Passer Conjugations are used in French in the same way they are in English. We add certain endings to the verb stem to form the various tenses. This helps us use the verb properly and form complete sentences. Sinceà passerà is used in many common expressions, its important to memorize the conjugations. To begin, well look at the indicative verb mood, including the present, future, and imperfect past tenses. These verb conjugations are formed by addingà the regular -erà endingsà to the verbs stem ofà pass-. Using the chart, match the subject pronoun of your sentence with the appropriate tense. For example, I am passing isà je passeà while we will pass isà nous passerons. Try practicing these in context to aid in memorization. If you need some ideas,à passerà is used in many idiomatic expressions that youll find useful as well. Present Future Imperfect je passe passerai passais tu passes passeras passais il passe passera passait nous passons passerons passions vous passez passerez passiez ils passent passeront passaient Passerà and the Present Participle Theà present participleà ofà passerà isà passant. This was formed by adding -antà to the verb stem. Not only canà passantà be used as a verb, in some contexts it may also be an adjective, gerund, or even a noun. Passer in the Past Tense The imperfect is the past tense, though its also common to use the passà © composà © in French. This requires the construction of a short phrase that uses the auxiliary verb à ªtre and the past participle passà ©. Putting it together is quite simple: use the subject pronoun, conjugateà à ªtreà to the present tense, and attach the past participle. For example, I passed isà je suis passà ©Ã and we passed isà nous sommes passà ©. More Conjugations of Passer As you build your French vocabulary, you will find other basic forms ofà passerà useful. For example, if you wish to express that the action of passing is uncertain, the subjunctive verb mood is used. Similarly, if it is dependent on something else also occurring, you will use the conditional verb mood. In rare cases, you might encounter the passà © simple or the imperfect subjunctive. While the other forms ofà passerà should be your priority, these are good to know as well. Subjunctive Conditional Pass Simple Imperfect Subjunctive je passe passerais passai passasse tu passes passerais passas passasses il passe passerait passa passt nous passions passerions passmes passassions vous passiez passeriez passtes passassiez ils passent passeraient passrent passassent You will use the imperative verb mood when usingà passerà in shortà commands and requests.à When using it, skip the subject pronoun, soà tu passeà is simplified toà passe. For the phrase Pass it! you will say Passe-le ! Imperative (tu) passe (nous) passons (vous) passez
Monday, November 4, 2019
Articles annotations Article Example | Topics and Well Written Essays - 2500 words
Articles annotations - Article Example After expounding on the broadening of TESOLââ¬â¢s story, in conclusion, the author disclosed that the future embraces an international family that respects mutual questioning, active negotiation, and radical integration (Canagarajah, 2006, p. 29). Annotation 2 Chang, L. (2010). Group Processes and EFL Learnersââ¬â¢ Motivation: A Study of Group Dynamics in EFL Classrooms. TESOL Quarterly, Vol. 44, No. 1, 129-155. The author clearly indicated that the aim of the study was to examine the impact of group processes, including norms and cohesiveness of the groups, as influencing EFL learnersââ¬â¢ motivation. A review of related literature was initially presented to expound on issues concerning group processes, group cohesiveness, group norms, L2 motivation (self-efficacy and learner autonomy. The actual research indicated that participants were 152 students of a Taiwan university where questionnaires and subsequent interviews had been administered. The results indicate that class grouping significantly affects second language learning motivation. The authors emphasized that future research needs to consider undetected factors that influence the relationship between group processes and language learning. Annotation 3 Chen, J., Warden, C., & Chang, H. (2005). Motivators That Do Not Motivate: The Case of Chinese EFL Learners and the Influence of Culture on Motivation. TESOL Quarterly, Vol. 39, No. 4, 609-633. The authors determined the effect of culture on motivation by conducting a study participated by 567 language learners in Taiwan. A survey was implemented focusing on topics such as motivation orientation, expectancy, and self-evaluated skill (Chen, Warden, & Chang, 2005, p. 609). By initially exploring various reviews of literature on motivation within the EFL setting, their study was developed to tailor to the Chinese EFL learners where the results found that integration was not a significant factor in the motivational learning effort (Chen, Warden, & Ch ang, 2005, p. 631). Limitations of the research were noted in terms of using two comparative cultural orientations: the West as contrasted with Chinese culture and thereby provides opportunities for future research within a more wider and diverse global cultural perspective. Annotation 4 Gatbonton, E., Trofimovich, P., & Magid, M. (2005). Learners' Ethnic Group Affiliation and L2 Pronunciation Accuracy: A Sociolinguistic Investigation. TESOL Quarterly, Vol. 39, No. 3; 489-511. The authors aimed to determine the relationship between ethnic group affiliation and second- language (L2) pronunciation accuracy defined here as native-like, nonaccented L2 speech or L2 speech that contains no first language (Li) influences (Gatbonton, Trofimovich, & Magid, 2005, p. 489). Two study questions were identified, to wit: (a) Is there a relationship between learners' L2 accent and ethnic group affiliation as perceived by fellow learners? (b) If such a relationship exists, what are its behavioural c onsequences? The participants of the study included 24 Francophone learners of English from Montrea where research methods used stimulus tapes and questionnaires. The results of the study revealed that L2 learners treated their peers' L2 accent as an
Saturday, November 2, 2019
Critically evaluate the strategic role of global information systems Essay - 1
Critically evaluate the strategic role of global information systems for organisations and discuss the management issues associa - Essay Example For firms, adoption of information systems requires investment resources such as time and personnel (King, 2009). Organizations in different industries always strive to be market leaders in their respective market segments. Where the business environment consists of inflation, recession and tough operating conditions, businesses opt for strategies aimed at gaining a competitive edge over their competitors (Drucker, &Maciariello, 2008).Among these strategies can be the one that enables adoption of an information system by a firm. The system enables the organization make optimum use of its data, cut down on costs and increases efficiency.Information systems store and analyze data faster and in a more secure manner unlike the outdated manual way of data handling. Hardcopy management of data and records is no longer in use. Today, most companies opt for sophisticated databases that store data in any format, be it text, image or video files, update the data as well analyze the data at the click of a mouse (Drucker, &Maciariello, 2008). Through faster analysis of data, quicker solutions to present and future problems are easily determined. Another role of information systems is that of assisting in the decision making process (King, 2009). Success for an enterprise depends upon the strategic plans a firm adopts. The management of a firm uses management information systems to come up with strategic plans for the continued success of the firm (King, 2009). Information systems also play a role in the development of business processes that aim at adding value to a firmââ¬â¢s operations. Continuous business process remodeling is necessary for enhancing the quality of a firmââ¬â¢s products as well as cost minimization. Global information systems are basically information systems designed for the global market. Global information systems are more developed to cater for specific world markets and attempt to deliver functionality to a firm within the context of the whol e world (Laudon, &Laudon, 2002). With global information systems, focus is on the global setting, in a wider scope largely translating to distributed systems. Softwareââ¬â¢s for these systems are developed with the concept of global (Laudon, &Laudon, 2002). Design for these systems concern process flow in the systems, architecture as mechanisms for supporting the functions of the system. Information systems are composed are composed of information technology, business applications, development processes of the systems, foundation concepts as well as management challenges (Taylor, 2004). Information technology comprises of hardware software, data, networks and other technologies. System development processes concerns how the systems are developed and implemented. Foundation concepts are about technical and business concepts concerning components and functioning of the system (Sarngadharan&Minimol, 2010). Managerial challenges on information systems on the other hand concern how th e management of functions of information system componentsachieve optimum performance. Management issues in planning for information systems In planning for a global information system, the management team carries out a comprehensive analysis of how the firmââ¬â¢s business operations are conducted. This analysis will determine whether or not adoption of an information system will be of benefit to the firm (Sarngadharan & Minimol, 2010). When a firm operates globally, the scenario in the different markets is almost similar
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