Why Women Get Involved in Prostitution - 2044 Words

Prostitution has been going on for many centuries. Many studies have gone on, researching and trying to understand on why women get involved with prostitution and the main effects it has on then. Some report the main causes of early prostitution was due to poverty and deviance. Many see it as a career, a way to make a living and survive and provide for their families. â€Å"Studies show that many women engage themselves in such activities as prostitution by their own choice, forced into it, or because of their own mental health state.†(Chudakov 305) The start of prostitution started centuries. In the beginning many women were obligated to have sex with men. Along with citizens from other countries being forced onto cluttered boats to come to†¦show more content†¦Once they have the child they need to find a way to support them. This is where it leads into adult prostitution and drug dealing in order to support their new family. Once someone is involved in drugs and prostitution it is very hard for them to get out. They are used to the lifestyle and find it as a type of addiction. When a person starts prostitution at a young age, they grow into it. They do not learn how to live a decent and healthy lifestyle. Many teens and adult women who get involved into prostitution come from poor, abusive families and have very little education. (Flowers 89-91) A study done by Joanna Phoenix in 2000 discusses â€Å"women’s sustained involvement in prostitution. In the late twentieth century it is taken for granted that women’s involvement in prostitution can be explained in terms of poverty and/or vulnerability to predatory men. However, closer examination of the stories that prostitute-women recount reveals that their narratives are marked by a paradox that inheres in the contradictory effects of involvement in prostitution and the antithetical representations of prostitution offered by the women.† (Phoenix 37) In the study Phoenix does not support or go against either side. Her studies primarily argue that women freely enter into prostitution because of economic rewards, she also argues that their continued involvement makes sense with in their social and material conditions in which they live. (Phoenix 38) SecondlyShow MoreRelatedProstitution : The Crime Of Prostitution1671 Words   |  7 Pagesthe crime of prost itution I wrote down several different explanations that I believe explain why women participate in prostitution. Women participate in the act of prostitution for many reasons. First and foremost prostitution is known to be a very lucrative business, similar to the porn industry and stripping industry. Therefore, women participate in prostitution to make large amounts of money; in prostitution (like in any other profession) money is always the main motive. Some women participateRead MoreEssay on Legalizing Prostitution927 Words   |  4 Pages Legalizing prostitution! A way for the American government to create job opportunities for the American women that chooses this profession. Prostitution is legal in many countries, so why not all of the United States? Prostitution should not be a crime! Sex is not a crime. Exchanging of money is not a crime. So, why should the two combined be a crime? Women can have sex with as many people as she wants in her private life, it’s her bo dy and her choice. So what if she charges for it. She is providingRead MoreIs Human Trafficking An Age Old Profession?1323 Words   |  6 Pagespoint of sexual exploitation, or is it prostitution, the â€Å"world’s oldest profession?† Prostitution is an age old profession, not necessarily a crime one when one thinks about the longstanding history in society. Most of the images associated with prostitution are grown women in trashy clothes soliciting dirty men. These are not people you would give the time of day, let alone go out of the way to see if they were being forced into this profession. After all, why would someone do such dishonorable workRead MoreCauses and Effects of Prostitution757 Words   |  4 PagesA. Prostitution in the Philippines 1. Propagation of prostitution during the time of the Spanish Colonization in the Philippines ïÆ'Ëœ The rape of native women by the Spaniards created a reserve of â€Å"fallen† women who became available to service not only the homesick Spanish troops and dignities, but also the friars. ïÆ'Ëœ By the 19th century, prostitution was an occupation for women in Manila. 2. Prostitution during the time of the American Occupation in the Philippines ïÆ'Ëœ The outbreak of the Philippine-AmericanRead MoreShould Prostitution Be Illegal?1268 Words   |  6 Pagesâ€Å"I don’t understand why prostitution is illegal. Selling is legal. Fucking is legal. Why isn’t selling fucking legal? You know, why should it be illegal to sell something that’s perfectly legal to give away?† (Carlin, n.d). Prostitution is the act of selling sexual services in exchange for money. Prostitution has been around for thousands of years, it is known as the oldest profession in the world. Today both, women and men are engaged into the industry of sex and prostitution. Even though it isRead MoreProstitution As A Form Of Sexual Abuse899 Words   |  4 PagesProstitution can have the meaning of, â€Å"engaging in sexual acts or activities for the exchange of money or goods†, this can also be a form of sexual abuse. Prostitution status for the countries shown for the â€Å" number of countries prostitution is illegal: 109, n umber of countries prostitution is restricted: 11, number of countries prostitution is legal: 77, number of countries with no laws for prostitution: 5.† Prostitution is illegal in all states in the US except for 11 counties in Nevada. The MannRead MoreHuman Trafficking Is Wrong And Irrational1125 Words   |  5 Pagesthe world. Women think it’s okay to be a prostitute because it earns them money. Well, it’s the total opposite of that, according to victims of this terrible wrongdoing. Human trafficking is wrong and irrational, because it publicly embarrasses women, causes problems in their life, and can end up killing the females if it is continued. Prostitution is a lot more than it seems to be. Prostitution is known as the â€Å"world’s oldest profession† and involves the sexual exploitation of women or childrenRead MoreCrimes Committed by Women820 Words   |  3 Pagesimage of women is associated with tenderness, care, and maternity, but sometimes the image is completely the opposite. Many different studies and books have been written about female offenders and circumstances that lead them to commit a crime. Belknap (2007) examines different theories and studies to determine the reason why a woman crosses the border of the law. There are a many different types of crimes that could be committed by women, such as property crimes and prostitution, but the mostRead MoreProstitution Is The Practice Of Performing Sexual Activity1625 Words   |  7 Pages Prostitution is the practice of performing sexual activity to get paid. This practice has existed for centuries and yet the question remains – is prostitution moral? It is because prostitution involves selling something very personal to earn money. Many people think that prostitution encourages slavery for women and selling body in return for money is very wrong while others think that prostitution is just like any other service so there is nothing immoral about it. In this paper, I will argue thatRead MoreShould the United States Legalize Prostitution? Essay1148 Words   |  5 PagesProstitution in its legal sense is defined as sexual intercourse of some kind in exchange for some kind of payment, usually money (Adriaenssens and Hendrickx 665; Perer 826).As of 2013, there are an estimated 1 million to 2 million prostitutes active in the world wide sex work industry today (Adriaenssens and Hendrickx 666). Prostitution is illegal in the United States; however, many experts thin k that should change. Most European and Asian countries have legalized prostitution (Agustà ­n 74). Some

Challenges and Opportunities of Social Media

Question: Discuss about the Challenges and Opportunities of Social Media. Answer: Introduction Internet and social media has been revolutionized changing and impacting every individuals life. Social media and communicating websites are used extensively for building relationships and maintaining them. The study pertains to the research question, How has social media altered the concept of friendship? Facebook, Twitter, Instagram, WhatsApp and other prominent social media platforms is changing the way friendship as it used to be a decade back. Earlier people with whom they spent their childhood or school and college days used to be called as friends. But now due to availability of large platform, individuals are making friends with others from across the globe. People who have not met or are not acquaintances also is getting friends, chatting online and sharing common topics of discussions. The scope of this essay is to analyze the research question, conduct an interview with a questionnaire set to 8 people and then analyze findings from such interview results. The aim of the study is to understand how has definition of friendship changed over the years with introduction of Facebook and other popular social media sites. The central research question of the study is, How has social media altered the concept of friendship?. Sample Methodology Research methodology pertains to the research design prepared for conducting the study. Further, Research Approach for this study was selected to be deductive method. Research approach provides direction to the study and helps scholar reach the aim. In deductive approach, scholar tests results up means of hypothesis. Then Research strategy for data collection is chosen, which involves accessing and analyzing qualitative data. Scholar in any study needs to adopt and approve a data collection procedure, such that precise data can be collected and appropriate results can be reached. Primary data collected by way of interview and survey. 8 individuals from shopping mall area in Russell Street, Singapore were asked questions from the sample questionnaire. The set of questions is provided in Appendix 1 attached below. For primary data collection sampling method was used as it is nearly impossible to collect large amounts of data and analyze them. Secondary data collection procedure was als o used for the study. Secondary data sources included journals, company magazines for other smartphone application software, internet, articles, and books and so on. The scholar through progress of his research determined data validity and reliability. Sample data was collected mostly from people of young age to middle age between 17 to 35. Both male and female were interviewed for relevant data collection and most of them were students or working professionals in banks, MNCs and other private companies. Participants from interview mostly belonged to Singapore and some were immigrants from Malaysia, Indonesia, Bali and other neighboring countries who were on work visas. The interview was mostly conducted within the shopping mall area in Russell Street and the setting of the interview included Saturday evening, where people were out with their friends and family to shop or spend time together. Reflection of methodology: The research conducted has a few limitations as it was conducted on a mass of 8 people only. The study has been undertaken in Singapore and hence cannot be applied world over. It is also a theoretical study with unanimousity in approach. Findings Analysis Data collection from interviews and surveys reflect a lot of relevant information regarding the research. The information collected and analyzed is mostly consistent with similar studies in relevant field. Other studies conducted in journals also depict that social media platforms have significantly altered and influenced concept of friendship. Hence data collected in the interview is generalizable. The data collected pertained to finding various information regarding individuals and their reasons for using social networking platforms. The research contained information regarding individuals gender, status, education and reasons for opting social media websites. Most people responded that they mostly go to social media platforms for making friends and they often accept strangers friend requests. This is in sharp contrast to the traditional idea of friendship which was to make friends on basis of personal interests. This data collected when analyzed provided useful and helpful insights into the relevant concept of friendship as it is seen today. Post collection of data it was found that majority of people uses smartphones. Almost all of them have Facebook and its messenger devise or other similar social networking sites. All agreed that they have a minimum of ten friends on Facebook who they do not know personally. Findings from other research indicates that people opt for online friends as they like having conversation with unknown people, where they can share their thoughts. Findings of the study were in consistent with those results as most indicated that they like to be online for making new friends and chatting with unknown persons. Results from previous studies indicate that social networking sites have a lot of people in the age group 16 to 35. Findings from the study shows similar patterns, that those in this age group have greater affinity towards using of social networking sites. Individuals generally have accounts of more than one social networking sites to find their interests or people whom they can associate with. The research also demonstrates that each person has at least two or more accounts of social media sites. Most people describe that they have faced unique experience online while in social networking sites. This research also indicates that people have enjoyable and memorable experience at some time or other in social networking sites. People select a social networking site based on reference received from their friends or colleagues. This study also reflects that individual made their selection to be present in a social networking site based on a friends or colleagues suggestion. In case any person meets another individual who is a Facebook or other social media friend then there is a high probability that the other person might not recognize that person. Thus, the concept of friendship has undergone tremendous revolution ever since its social media sites have been using tags as friends and friend lists. Conclusion Social media has greatly changed concepts of human beings and their perspectives regarding a lot of things. One of the most popular impacts of social media websites is friendship. Research and findings from the above study concludes that friendship on a social media website is a popular concept and used by many to increase their social circle. Though they refer to these acquaintances online as friends, they do not have any relevant personal ideas regarding these people. Friendship earlier used to be referred to as a special bonding between two individuals which have now completely changed to accommodate newer themes and concepts. Bibliography Cline, R. R. "Data collection methods. ." Introduction to the Pharmacy Business Administration Series., 2011. Kaplan, Andreas M., and Michael Haenlein. " "Users of the world, unite! The challenges and opportunities of Social Media." ." Business horizons 53, no. 1 , 2010: 59-68. Neuman, W.L. and Robson, K. Basics of social research: Qualitative and quantitative approaches. 2012. Noor, K.B.M. "Case study: A strategic research methodology." American journal of applied sciences 5, no. 11 (2008): 1602-1604. Sapsford, R. and Jupp, V. eds. Data collection and analysis. Sage, 2006. Silverman, D. ed. Qualitative research. Sage., 2016. Taylor, S.J., Bogdan, R. and DeVault, M. Introduction to qualitative research methods: A guidebook and resource. John Wiley Sons., 2015. Yin, R. K. Case study research: Design and methods. Sage publications., 2013.

the 3M- Company Essay Example

the 3M- Company Essay Case study-The 3M Company Insert name Insert institution Insert instructors name Insert the date Initially known as the Minnesota Mining and Manufacturing Company, this company was pioneered in 1902 at Minnesota near Lake Superior. It was set up to sell mineral deposits which were later proved to be valueless and this initiated early research and development of this company while in Duluth. This saw its success in selling sandpaper products. The company later increased its efficiency in quality production and supply chain. Innovations saw the development of waterproof sandpapers, the asking tape (this initiated the companys prospects towards diversification) sold under the name Scotch Pressure-sensitive Tapes and even was contracted in the production of defense materials in World War II. The company was later to diversify its product portfolio to include the photographic products, electro-mechanical products, pharmaceuticals, radiology and the Post-it Notes that revolutionized communication and organization. In the late 1990s, the total sales of the company reached a $15 billion mark and the assessment of its 2010 public filings has reached a profit mark of 30 billion dollars (NoAuthorFound, 2002). The company today is a multinational conglomerate with a diversified product portfolio of at least 55,000 products. It operates under a franchise distribution system whereby some of its products are available for purchase in more than 200 countries from distributors and retailers; however, most of 3M products are available online directly from the company. We will write a custom essay sample on the 3M- Company specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on the 3M- Company specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on the 3M- Company specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The company is enlisted in the New York stock exchange and the US Securities and Exchange Commission where its SEC filings can be obtained. These can be used to assess the companys quarterly and annual returns and even its erformance as pertaining to: (A)lmpact of Globalization and Technology Any multinational company today in most adversely affected by globalization and technology: 3M Company is not an exception to this. The company continuously adapts to changing trends in technology and globalization through marker research and development. RD globalization is a fast evolving process and is more and more recently being kept at one center of opportunity in most contemporary corporations. RD globalization provides a platform for the easy control of 3M Companys critical resources and assets over wide geographical location. Globalization and technology ave led to the Companys increased understanding of RD and innovation. The company unaerstanas transnatlonal RD ana Innovatlon Tor stronger consollaatlon and budgetary and even more methods of managerial restraints (Bertho Crawford, 2008). Globalization and technology have increased the rate detailed analysis undertaken on world product responsibilities and global technology responsibilities within transnational corporations at locations outside their home country. 3M Company has set up effective centers abroad that drive innovation and new business initiatives for company strengthening thanks to globalization and technology. Globalization has also served in addressing ownership and control issues for 3M Companys international intellectual capital and property and has helped the understanding of their effects on corporate responsiveness. Companies that orient themselves towards the market through the understanding of the effects of globalization and technology on corporate functions are more likely to develop and sustain their market scope and margins of profitability. The flow of information within a multinational conglomerate corporation like 3M Company is vital to its development (Bertho Crawford, 2008). For example, customers can use the internet technology to purchase 3M products online and pay through MasterCard or PayPal. (B) Application of industrial organization model and resource-based model for better returns 3M Company can employ the industrial organization and resource-based model to facilitate its efficiency and thus increase it market performance and profit margin gains. The competitive advantage of a corporation firm lies primarily in the initiation of a bundle of valuable tangible and intangible resources at companys disposal globally. Through the resource based strategy the 3M Company can identify and lassify the corporations worldwide resources and appraise their strengths and weaknesses and relate this to the companys competitors by addressing their characteristic trends. Identify the opportunities for better utilization of resources. Then 3M Company shall embark on identifying the corporations capabilities and efficiency against its competitors. The company shall identify resource inputs for each capability and complexity of each capability. Thirdly, the company shall appraise its resources for rent-generating capabilities as pertaining to its potential to sustain the competitive landscape and the appropriability of its returns. The company shall then strategize on the best way to exploit its resources and capabilities in relation to the companys external opportunities. Lastly in the employment of the resource-based model, the company shall identify resource gaps that need to be filled and lay down future plans to augment, upgrade and replenish the 3M Companys resource base (Heracleous, 2003). In the industrial organization model, 3M Company shall embark upon the examination of its structure for better demarcation between the company and its market portfolio and demands. This evaluation shall increase the companys ompetitiveness and alleviate barriers that lead to imperfect competition. This initiative baseline shall be to analyze and determinants of the firm and market organization to better competition and adapt to government actions. For instance, 3Ms recent 2012 organization alignment for better consistency in its strategy of building pertinent market presence shall serve to increase its presence in future global markets and customers. The new structure was to comprise five business groups (consumer, Inaustrlal, nealtncare, saTety ana grapnlcs ana Electronics ana energy. These initiatives shall ensure better market and industry interface and erformance (NoAuthorFound, 2002). C) 3Ms vision and mission influence of its market success The companys mission statement states that the company is committed to actively contribute to sustainable development through environmental protection, social responsibility and economic progress. This has oriented the companys employees towards the satisfaction of this mission statement. The company earns customer loyalty and respect when it effectively differentiates its competition and communicates and reinforces the 3M brand strategy (NoAuthorFound, 2002). The companys vision is to contribute to societys move to sustainable development. To 3M, sustainable development refers to the ability to satisfy the companys customers today whilst respecting the capabilities of future generations and thus be able to meet their needs. Thus, both the vision statement and mission statement increase customer and investor loyalty and this enables the companys activities to proceed uninhibited thus ensuring its success. A companys mission and vision perspectives that are customer safety oriented gather and acclaim positive accord and support (NoAuthorFound, 2002). D) Influence of Stakeholders to 3Ms success 3Ms healthy relationship with its stakeholders determines the companys viability nd success. This relationship if sustained shall ensure future companys prospects are successful. Some of the key 3M stakeholder interaction include but are not limited to (Rubinfeld, 2005): Investor: The Company maintains a healthy relationship with its investors by time ly and profitable dividends. The New York exchange and the companys SEC filings report have reported up to 3 dollars dividends per share. The companys enlisting in the US Securities and Exchange Commission reenergizes investor confidence and thus draws in more investors than ever before bearing in mind that this is an international corporation. Employer, employee and customer relationship: The Company has improved it relationship with its employees. Better salaries and working conditions have made the company employees loyal and hard working towards meeting the companys mission, vision and customer needs. There has been a wide forum for better customer-company interaction and relationship. This has made the company very competitive in its scope of the world market and has seen the company retain its hold in the market. The government and community. The company has complied with all the US government corporative laws for foreign nd internal operations. This has enables the company to progress smoothly without inhibitions from the US government. The company also earns community trust and respect by contributing to research and innovations that lead to the production of health products that help protect the environment and reduce harm to the customer and world communities at large. For example, the production of sandpaper that do not produce air contaminants during use. This has seen the company even earn an award by the US government. (E)Conclusions To sum it up, the 3M Company has risen from a small time company at a lake hore to a multinational conglomerate that sells its products worldwide. In India, it is the only public foreign company that does not operate a franchise system of OlstrlDutlon t at n OITTerentlatlng It wlt n coca cola. I ne SEC Tlllng 0T tne company a US Securities and Exchange Commission website show that the company is progressing viably. The most recent employment of industrial organization model ensures the companys sustainability in the contemporary world market dynamic competitiveness (Rubinfeld, (2005). Its diversified product portfolio enables the companys success world wide since it does not have to rely on marketing one roduct to a diversified community of customers who also have dynamic tastes and preferences. These aspects prove the economic viability of 3M now and in the future. Reference Bertho, M. Crawford, B. (2008). The impact of globalization on the United States. Westport, Conn: Praeger. Heracleous, L. (2003). Strategy and organization: realizing strategic management. Cambridge New York: Cambridge University Press. NoAuthorFound. (2002). A century of innovation: the 3M story. St. Paul, MN: 3M Co. Rubinfeld, D. L. (2005). 3Ms Bundled Rebates: An Economic Perspective. The University of Chicago law Review, 72(1), 243-264.

Transitional Fossils - Evolution Definition

Transitional Fossils - Evolution Definition Since Charles Darwin first came up with the Theory of Evolution and his idea of natural selection, evolution has been a controversial subject for many people. While supporters of the Theory point to the seemingly unending mountain of evidence for evolution, critics still deny that evolution is truly a fact. One of the most common arguments against evolution is that there are many gaps or missing links within the fossil record. These missing links would be what scientists consider to be transitional fossils. Transitional fossils are remnants of an organism that came in between a known version of a species and the current species. Allegedly, transitional fossils would be evidence for evolution because it would show intermediate forms of a species and they changed and accumulated adaptations at a slow pace. Unfortunately, since the fossil record is incomplete, there are many missing transitional fossils that could silence the critics of evolution. Without this evidence, opponents of the Theory claim that these transitional forms must not have existed and that means evolution is not correct. However, there are other ways to explain the absence of some of the transitional fossils. One explanation is found in the way fossils are made. It is very rare that a dead organism becomes a fossil. First, the organism has to die in the right area. This area must have some sort of water with sediments like mud or clay, or the organism must be preserved in tar, amber, or ice. Then even if it is in the right location, it is not guaranteed it will become fossilized. Intense heat and pressure over very long periods of time is needed to encase the organism within a sedimentary rock that will eventually become the fossil. Also, only hard parts of the body like bones and teeth are conducive to surviving this process to become a fossil. Even if a fossil of a transitional organism did happen to be made, that fossil may not survive geological changes on Earth over time. Rocks are constantly being broken, melted, and changed into different types of rocks in the rock cycle. This includes any sedimentary rocks that may have had fossils in them at one time. Also, layers of rock are laid down over top of one another. The Law of Superposition asserts that the older layers of rock are on the bottom of the pile, while the newer or younger layers of sedimentary rock that are laid down by external forces like wind and rain are closer to the top. Considering some of the transitional fossils that have yet to be found are millions of years old, it could be that they just have yet to be found. The transitional fossils could be out there still, but scientists just have not dug down deep enough to get to them. These transitional fossils may also be found in an area that has not yet been explored and excavated. There is still a possibility that someone will yet discover these missing links as more of the Earth gets explored by paleontologists and archaeologists in the field. Another possible explanation for a lack of transitional fossils would be one of the hypotheses as to how fast evolution happens. While Darwin asserted these adaptations and mutations happened and built up slowly in a process called gradualism, other scientists believe in the idea large changes that happened all at once suddenly, or punctuated equilibrium. If the correct pattern of evolution is punctuated equilibrium, then there would be no transitional organisms to leave transitional fossils. Therefore, the fabled missing link would not exist and this argument against evolution would no longer be valid.

Audit Assurance and Compliance Case Study

As per the specific roles and responsibilities of independent auditors, it can be said that the independent auditors have the accountability to prepare as well as present financial declarations based on the accurate historical data of the organization and by considering the company’s financial as well as trading standpoints (Glover et al. 2014). However, the financial announcements of the company need to replicate the actual financial condition of the firm during a particular period of time founded on the flows of cash, functional results, incomes as well as gains along with income and profits (Kend et al. 2014). Nevertheless, in certain cases, particular events or else circumstances might crop up after the specific date of authorizing and declaring the pecuniary reports of the firm. Therefore, it becomes important to adjust and incorporate the effects of these events in the financial declarations in the upcoming financial reports that is to be declared by the corporation. In addition to this, the independent auditors also have the need to attach significance to the events that take place prior to the process of preparation as well presentation of the financial declarations and take into account the material impacts of the events on the preparation of the financial statements related to the organization (Schmidt et al. 2016). Thus, there is pressing need for conducting obligatory adjustments for the purpose of disclosing several critical facts regarding the financial soundness of the organization during the specific period of time. As per the effective adjustments in the financial statements made during the period September 2002, the incidences triggered by the disclosures or else non disclosures can be indicated to the consequent events that involved several parties. As per the case study, it can be hereby ascertained that EFL had to bear huge amount of losses owing to the bankruptcy of the corporation Impulse. It can further inferred that this specific loss is mostly caused due to the non-disclosure of proper financial information of Impulse by the auditing and accounting firm King & Queen of Impulse Pty Ltd. Based on the norms and principles of auditing, it can be hereby inferred that the actions steered by the auditing firm King & Queen was immensely unethical. Consequently the auditing firm is accountable to the financing company EFL for the losses it has suffered by disbursing huge amount of loans to the company Impulse based on the financial reports of the firm (Messier Jr 2016). B.The analysis of the case study reveals the fact that King & Queen might not face legal charges based on certain condition. The independent auditing company would not face any legal charges in case if it delivered the right information concerning the financial condition of the firm Impulse to the EFL at the time when EFL asked about written explanation in quest of advice from King & Queen related to the financial condition of the firm. King & Queen had the need to provide credible financial information regarding the firm Impulse to the financing firm EFL if it had clearly written regarding their decision for disbursement of loan based on the financial announcements presented by the King & Queen. However, if EFL agreed to disburse loans to Impulse even after receiving and knowing the actual financial information regarding the company Impulse, then EFL cannot hold King & Queen responsible for the bitter consequences. However, as per the conditions stipulated under the â€Å"paragraph s (93 to 97) of â€Å"PCAOB Auditing Standard No 5†, the auditing corporation King & Queen had the need to undertake an assimilated audit of the financial announcement of the company Impulse in a bid to generate an appropriate financial statement of the firm and to declare about the real health and financial soundness of the company (Moroney et al. 2014). In addition to this, there was also need for maintenance of internal control related to the particular approach of the firm regarding auditing. The maintenance of internal control can help in delivering the direction associated to the consequent events as mentioned in the in the case study. The internal control in organization can also help in proper audit of financial reports and provide proper advice to the auditors. The right guidance to the auditing firm King & Queen can help in averting different liabilities that are associated to the different consequences of events as stated above. The auditing therefor, also needs to abide by the guidelines related to the associated to auditing standards for undertaking the practices of audit as well as their approaches of audit (Stuart 2012). The auditing firm such as King & Queen can adhere to the stipulations conditioned under the Australian Auditing Standards mentioned under the Section 336 of the Corporation Act (William Jr et al. 2016). In this case, King & Queen, the firm performing audit needs to review and audit of financial reports in addition to other financial information as per the conditions laid under the ASQC 1. In addition to this, they also need to maintain compliance with the ASA 102 that mentions the ethical obligations that need to be satisfied at the time of performance of audit, reviews as well as other types of assurance engagement of the firm (Eilifsen et al. 2013). Furthermore, the King & Queen also had the need to comply with the stipulations provided as per the section ASA 220 for maintenance of quality control of a particular audit of a financial statement together with other historical information (financial information) (Auasb.gov.au 2016). In addition to this, the auditors also need to maintain compliance with the directives mentioned under ASA240 for understanding the responsibilities of the auditors associated to fraudulent actions in a specific audit of financial declaration and take into consideration the regulations of ASA 250 for understanding the laws of auditing a financial report (Auasb.gov.au 2016). C.As rightly indicated by Glover et al. (2014), auditing independence deals with two wide aspects that can be discussed for comprehending the nature as well as characteristics of auditors. As such, there remains difference between the actual independence and perceived independence of auditing when considered in terms of appearance. Therefore, in a bid to attain goals as well as objectives of auditing, both the actual as well as the perceived independence is imperative from the viewpoint of the contributions of auditing. Louwers et al.   (2013) asserts that actual independence refers to the operations of the auditors that get impacted by the thinking potential. To put it simply, the actual independence of auditing is primarily reliant on the in dependent state of mind of the particular auditors. The state of the mind of the auditors exert considerable impact on the functioning as well as approaches of different auditors. This in turn affects the way auditors deal with particular sit uations associated to their auditing practices (Arens et al. 2012). Thus, freedom in the decision making can be observed during the time when directors of firms tries to negotiate positions of the auditors. The actual independence of auditing that depends on mental state of individuals is very difficult to enumerate. Therefore, this can be very challenging to gauge the objectivity of particular auditors. However, perceived independence of auditing can be considered as the grey area between the normal black and white aspects of the auditing and is based mainly on perceptions (Duncan and Whittington 2014). D.As rightly mentioned by Carson et al.   (2013), there are several important regulatory requirements along with auditing standards associated to the process of auditing as developed by Australian Securities and Investment Commission (ASIC). There are several directives as well as regulations stated in the regulations of ASIC that the independent auditors take into consideration for undertaking their actions (O’Donnell K. et al.   2015).    As mentioned in the first scenario, Bob has duplicated and at the same time used the financial information provided in the books of the company â€Å"Club Casino† in a bid to prepare university assignment task. Bob essentially removed the probable references that are related to the Club Casino that has the probabilities of breach of audit as Bob did not notify Clun Casino for any such kind of practices. Thus, it can be said that Bob is an independent auditor who needs to get approval from Club casino regarding the utilization and employment of financial information for satisfying the primary educational requirements. Bob also need to comply with the ethical requirement as stipulated under the ASA 102 (Auasb.gov.au 2016). Bob needs to adhere to the regulations in order to comply with ethical obligations during the performance of audit of firms. The second scenario explicates in detail the involvement of Wendy to the company Ace Limited. The company have the need for the auditor rotation as per the stipulations of ASIC. In addition, it is also imperative for the auditor to maintain adherence to the stipulations mentioned under ASA 220 Quality Control Aus A6.1 that specifies about the requirement of the auditor rotation (Auasb.gov.au 2016). The Corporation 2001 also mentions about the requirements of the rotation requirements necessary for meeting the ethical obligations of auditors (Auasb.gov.au 2016). Again, as per the guidelines of ASIC, there are several enforceable regulations for the auditors responsible for preparation as well as presentation of reports for main areas of different business actions and if the corporation is operating for more than 5 years. The third scenario refers to the assignment of Leo in the auditing procedure of organization Precision Machinery Limited. The scenario can help in comprehending the features of appointment that need to meet the capability and effectiveness levels. This is related to the quality assessment programs together with different disciplinary procedures of the professional accounting bodies. Therefore, it is important to adhere to the directives stipulated under ASA 220 for quality control of audit and assessment of quality of the particular audit evidence and ASA 510 Audit Engagement rules and regulations (Auasb.gov.au 2016). The fourth scenario indicates towards the occurrence particularly between Chan & Associates and the Classic Reproduction Pty Ltd. The present scenario refers to the application of registration requirements in the most suitable manner (Stuart 2012). Thus, it calls for the need of arrangement of full settlement actions for the particular claims related to the fees of auditing firm Chan & Associates. In addition to this, the present scenario also talks about the relation with Classic Reproductions for not fulfilling specific auditing requirements. Arens, A.A., Elder, R.J. and Beasley, M.S., 2012. Auditing and assurance services: an integrated approach. Prentice Hall. Auasb.gov.au. 2016. Auditing and Assurance Standards Board (AUASB) - Home. [online] Available at: https://www.auasb.gov.au/ [Accessed 15 Dec. 2016]. Carson, E., Simnett, R. and Vanstraelen, A., 2013, September. Auditing the auditors: An international analysis of the effectiveness of national inspection regimes on audit quality. In The University of Auckland Business School Seminar. Duncan, B. and Whittington, M., 2014, September. Compliance with standards, assurance and audit: does this equal security?. In Proceedings of the 7th International Conference on Security of Information and Networks (p. 77). ACM. Eilifsen, A., Messier, W.F., Glover, S.M. and Prawitt, D.F., 2013. Auditing and assurance services. McGraw-Hill. Glover, S.M., Prawitt, D.F. and Messier, W.F., 2014. Auditing & assurance services: a systematic approach. McGraw-Hill Education. Glover, S.M., Prawitt, D.F. and Messier, W.F., 2014. Auditing & assurance services: a systematic approach. McGraw-Hill Education. Kend, M., Houghton, K. and Jubb, C., 2014. Competition issues in the market for audit and assurance services: are the concerns justified?. Australian Accounting Review, 24(4), pp.313-320. 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. Messier Jr, W., 2016. Auditing & assurance services: A systematic approach. McGraw-Hill Higher Education. Moroney, R., Campbell, F., Hamilton, J. and Warren, V., 2014. Auditing: A Practical Approach. Wiley Global Education. O’Donnell, K., Hicks, B., Streeter, J. and Shantapriyan, P., 2015. Getting it right: directors’ assessment of information. Managerial Auditing Journal, 30(2), pp.117-131. Schmidt, P.J., Wood, J.T. and Grabski, S.V., 2016. Business in the Cloud: Research Questions on Governance, Audit and Assurance. Journal of Information Systems. Stuart, I., 2012. Auditing and assurance services: an applied approach. McGraw-Hill/Irwin. William Jr, M., Glover, S. and Prawitt, D., 2016. Auditing and Assurance Services: A Systematic Approach. Auditing and Assurance Services: A Systematic Approach. Looking for an answer 'who will do my essay for cheap',

Housing Market in Australia Essay Example | Topics and Well Written Essays - 1500 words

Housing Market in Australia - Essay Example Bourassa (1996) has stated that the measures required for identifying the affordability of housing-ownership is primarily based upon the accumulated data but it is required to ignore the distribution of wealth and income as well as the ranges of housing prices. For analyzing the trend of housing pattern in Australia, Bourassa (1996) builds a study based upon the previous research of Grigsby and Rosenburg. The study then, proposes a method of Borrowing Constraint. The method of Borrowing Constraint was applied from the year 1989 to 1990 for household survey data for Melbourne and Sydney, Australia. The results concluded that there are hypothetical changes in interest rates and deposit requirements are kept minimum. Along with these results, furthermore, it had been concluded that under any given scenario, there is very diminutive percentage of people who are living in rented households to afford private ownership without putting themselves into the circle of poverty (Bourassa). Anothe r study conducted by Beer (1999) stated that there have been many changes in the private rental sector within the housing system of Australia. It has moved itself from the tenure of transition that is primarily comprised of saving of young household. Increase in the prices of real houses, increasing interest rates, increase in the rate of deaths of household through separation and divorces, changes in the pays of workers and inability to maintain the position of the tenure. Moreover, Beer (1999) also stated that there has been decline in access to public housing. Research conducted by Beer (1999) had emphasized on the changing dimensions of the private rental housing within Australia. The nature of investors and the size of investment in the sector of housing stocks had also been examined. Furthermore, the impact of the investment strategies on the housing sector market of Australia was also highlighted (Beer). Hayward (2008) conducted a study to determine whether the property owner s in Australia are reluctant or not. The paper covered the history of public housing and property owner in Australia. The study conducted by Hayward (2008) revealed that the golden era of public housing in Australia was from 1945 to 1956. During this time, the Commonwealth State Housing Agreement (CSHA) laid a foundation for making public housing system more viable in Australia. After that, the history of public housing started to cripple in this country. Emphasis on housing policy shifted from rentals to home ownership. Despite of viewing the development of State Housing Authorities, some people claim that this decade was not as substantial nor it was that decade where it would be favorable to return. In long run, the history of Australia is the one where the Government has been best reluctant landlords. The era from 1945 to 1956 is considered as best understood in this general trend (Hayward). The paper presented by Wulff and Maher (2010) examined the housing characteristics of pr ivate renters in Australia in long run. The study comprised of a sample of 4677 private renters. The sample had been drawn from ABS Survey of Rental Tenants 1994. The results revealed that 40% of the renters were long-term renters, having rented their property for more than 10 years, which shows that there has been substantial trend of rented household in Australia. Long-term conditions were further divided into

Modular Approach to Building your ISE Essay Example | Topics and Well Written Essays - 500 words

Modular Approach to Building your ISE - Essay Example A piping designer is capable of using ShipConstructor on top of an instance of AutoCAD P&ID and hence both toolsets are available in the ShipConstructor environment. Similarly, the AutoCAD software is also beneficial for a structural designer as he can take advantages of AutoCAD Mechanical while working with ShipConstructor. In other words, the ShipConstructor software bears the benefits of the AutoCAD system as it is installed on top of the AutoCAD software. This modular approach to building an Integrated Shipbuilding Environment (ISE) would bear notable benefits as modern shipyards widely practice this technique. Since the ShipConstructor software uses a specific geometry model, it is easy to integrate different concepts. Accuracy is another potential benefit of using the ShipConstructor software. By using this system, designer can shape a shipyard to a given scale in accordance with specific requirements. The most fascinating feature of this system is that it is cost effective as the newly designed products can be easily integrated into the existing design of the shipyard.