The core ethical issue of external accounting is that there is a vested interest on the part of companies to misrepresent their financial position in order to attract or maintain investment and lure the short-term profitability of the company. The principle ethical issue in auditing is a business interest on the part of auditors to collude with the auditee who is the source of the fees from which they obtain their income. Companies need the rules that are designed to counter the willingness of companies
group of survivors in the new world works together to revive electrical power; this suggests the possibility that civilization will be born again. Just like what Clark says, “If there are again towns with streetlights, if there are symphonies and newspapers, then what else might this awakening world contain? ... it’s good to think about the possibilities” (Mandel 332). This quote exists at the very end of the story; St. John Mandel closes the novel in with a sense of hope to emphasize that through
1.1. The ENRON scandal The Enron scandal came to light in 2001 and led to the subsequent bankruptcy of ENRON. According to the economist (2002), this scandal pinned the blame for the problems of Enron on the members of the board of Directors, the senior managers of Enron, the auditors of Enron, the bankers of Enron and the Bush administration among other players. The Economist (2002) further stated that “the only missing ingredient on the scandal so far is sex”. The Enron showed the need to reform
Governance means the action or manner of governing or ruling a state. Weak governance Collapse the economic growth of a state. Many fiscal and other measures should be taken to prevent weak governance which has a high affect on economic growth. Can we improve our economic growth by only stabilizing political situations and weak governance
or considered to be very weird individuals. The opening scene of this story introduces us to a very unhappy, or considered poor family. The family plans to travel on vacation from their home in Georgia to the state of Florida. While reading the newspaper, the
lines before, Quinn gets too involved in Peter's case until the point that it affects him physically and mentally "By flooding himself with externals, by drowning himself out of himself, (City of Glass, pg. 75), he gets completely mad, he is about to collapse, his legs are weak, there are times when he can barely breath, he loses so much weight. It is fair to say that when he starts living in the alley, in the street, he puts his life second to Peter's case. Such is the degradation that he even "camouflages"
CYBER CRIME The term 'Cyber crime' is often found in the newspapers, magazines, and many other reading materials. Cyber crime has become an issue which is widely discussed these days as it had become a serious threat and a major concern to the community. But what is cyber crime exactly? Cyber crime is defined as any criminal activity that uses a computer either as an instrumentality, target or a means for perpetuating further crimes (Seth, 2015). Cyber crime is often started from a simple e-mail
The AT&T Divestiture of 1983 and 1984 would go on to be known as the largest corporate break-up in the history of United States‘ trust busting court rulings. Presided over on a federal level by judge Harold H. Greene, the subsequent break-up of the Bell System and the reorganization of AT&T changed the face of telecommunications in the United States, a face that had been well set for over a century. While the singular AT&T company collapsed and the well-shaped Bell System came to an end, only one
communication channel allows the sender to reach a large, heterogeneous and anonymous audience. Because of the number involved, the auditor is a mixed group and the sender cannot personally know most of them. Producers of a webcast, a web site, an online newspaper or a popular corporate website cannot recognize the individual members of the audience who will visit their sites. Audience members, on their part, may also not know the sender of such messages or information on the Internet. In addition, what can
of the dispute”. (History Ireland.com n.d) Larkin was arrested and later put to trial found guilty and sentenced to 7 months in prison, James Connelly takes control of the union, Larkin is released from prison 13 November. The Lockout eventually collapses after 6 months of violent clashes, William Martin Murphy gets a vote of thanks from the Dublin chamber of commerce. Larkin is elected first president of