Friday, January 31, 2020

Should People Make More of an Effort to Keep Things Private Essay Example for Free

Should People Make More of an Effort to Keep Things Private Essay People should make more of an effort to keep factors of their life private. For example when you see some people on Facebook updating about what they had for breakfast. I do not think we need to know that isnt them truly expressing themselves however that seems to be what they think they are doing. You shouldnt express yourself via the internet it should be what you do in certain situations and how you do it that express who you are. Today, many seem to not to want to keep some mystery about them. In addition, the internet does make this difficult as all you have to do is Google somebody and you can find out where they live, work, what their hobbies are and even who their family are. Initially, the fact you can find this information so easily is incredibly scary. Also it takes away the mystery of meeting someone and getting to know them when you can flick through their Facebook pictures and find out what they wore last Christmas. We expect people to respect our privacy but then we go and post all our details, this makes us hypocrites. I understand not everyone may do this but the majority do, if you post pictures on the internet, put your name and number anywhere you are giving away your privacy. Even the governments cannot respect our privacy. They put security cameras on every corner, in every building. Understandably they prevent and solve crimes but as a result it removes our privacy. Also, it is a huge factor in being a nanny state where we no longer have any privacy or the freedom to make decisions. They should respect our privacy and trust their people. However, should they respect our privacy if we think we have the right to know about their private lives? For example, we know all about Arnold Schwarzeneggers love child but should we be privy to this information it doesnt affect is ability to do his jobs. Also football players are a good example as many of them have affairs but it doesnt affect how they play. Why do we know intimate details of their life? Why do we feel we have the right to it? We wouldnt want everyone in our street knowing details like that let alone wanting it to be common knowledge internationally. We should respect their privacy as long as it does not affect how they act publicly. In conclusion, even though the media may not respect some individuals privacy and the governments may take ours as a bi-product of protecting us people should make more of an effort to keep some factors of their life private. As I said at the beginning people should retain some mystery and express themselves truly by what they do and how they do it. Yet, they may feel free to express themselves by telling us about their breakfast if it is a humorous anecdote or an interesting metaphor.

Thursday, January 23, 2020

The Cloning Debate Essay -- Argumentative Persuasive Topics

The Cloning Debate Not so far in the future, a young boy of the age of six, dying a heart-wrenching death, will only be able survive with a bone marrow transplant.   His parents will have searched near and far for a match, but none will come to their aid.   The only possible way that they can produce a perfect match for their son's bone marrow is to clone their son.   Unfortunately, at this time this topic is still being discussed and debated upon with the government.   Their only child that has been their treasure for six years might die.   A clone of their son becomes their apple of aspiration to keep the treasure from being buried. With a scenario as presented above, cloning might seem like the answer to hundreds of lives taken at the expense of uncontrollable forces.   But is there another side to the story?   Isn't there always?   Professor Kevin Williams of Georgetown University is still depicting the ambiguity of this topic when he states, "Like Adam and Eve, we want to be God, to be in control.   The question is, what are the limits?" (U.S. News World Report).   Making an identical copy of another human being is a rather drastic move, a move that in most people's eyes can only be carried through by God.   Some deem that cloning would put us in the shoes of God.   They believe that instead of God creating life, we would.   Some professors beg to differ, like David Fletcher of Wheaton College in Wheaton, IL who argues, "It is still only God who creates life." Perhaps cloning is not the answer and our society should leave reproduction up to the natural ways.   But then one must ask themselves the question of 'why not'.   Is there some horrible outcome that will back fire due to the aberrant ways of creating a child?   Is bring... ...volunteers, would we misuse it like Green thinks?   Are we capturing the phenomenon or is it destined to engross us? Sources Cited Coghlan, Andy.   "Reprogram Your   Body."   www.newscientist.com/nsplus/insight/clone/reprogram.html (16 April 2001). Decker, Christine.   "OSU Ethics Specialist To Provide National Report On Religion, Cloning."   www.orst.edu/dept/ncs/newsarch/1997/March97/courtclone.htm  Ã‚   (17 April 2001). Green, Ronald M.   "I, Clone."   www.sciam.com/1999/0999bionic/0999green.html   (17 April 2001). Herbert, Wray.   "The World After Cloning."   www.usnews.com/usnews/issue/970310/10clon/htm   (16 April 2001). Vere, Steven.   "The Case for Cloning Humans."   www.best.com/~vere/cloning/htm  Ã‚   (17 April 2001). Wachbroit, Robert.   "Genetic Encores: The Ethics of Human Cloning." www.puaf.umd.edu/IPPP/Fall97Report/cloning/htm   (17 April 2001).

Wednesday, January 15, 2020

Kevin Stevenson retires as AASB Chair Essay

This article is concerned with the accomplishments and achievements of Kevin Stevenson upon his retirement as the Chairman of the Australian Accounting Standards Board on 30th June 2014. During his tenure, Kevin Stevenson ensured that the long traditions of financial reporting were upheld both internationally and domestically and also provided counsel on issues concerning the FRC. Mr. Stevenson was an example of pioneer standard setters for generations down the line as he was among the founding members of the Accounting Standards Advisory Forum of the International Accounting Standards Board. Through his leadership, the AASB’s Research Centre was established as Stevenson served the Asian-Oceanian Standard Setters Group’s chair. His main focus was to work in the interest of the public, as stated by Lynn Wood, the FRC’s chair and trustee of the IFRS Foundation. In concurrence is Ian Mackintosh, the former Chair of the PSASB of Australia and Deputy Chair of IASB. Ac cording to Mackintosh, Stevenson largely contributed in the moves by Asia countries like Nepal and Korea to the IFRS. From the onset of the 1970s, Mr. Stevenson’ attention was driven towards setting ‘principal based’ standards and developing a Conceptual Framework to be used in financial reporting. He advocated for accounting regulations as evidenced by his association with the Accounting Research Foundation and later on watched over the growth of the AARF upon being appointed its Director. He was at the forefront of setting the international pace in the development of common accounting standards for both the public and the private sectors. Stevenson largely contributed to the formation of the Public Sector Accounting and also played a significant role in the establishment of the stable platform of International Financial Reporting Standards in 2005 for adoption in Australia and the entire Europe. Concepts, ideas and facts                      Teamwork and leadership are two important components that must be in alignment so as to provide effective high quality and efficient accounting services. A strategic human resource management model provides guidance to accounting teams and leaders to deliver high-quality services in a timely manner. Accounting operates within a performance measurement that tolerates no errors. Therefore, a state-of-the-art investigation requires scientific leadership working with major stakeholders as a team to provide the best accounting services to a fraud investigation. The new techniques of accounting are significant steps in the right direction and they require leaders with skills and business tools to apply concepts such as efficiency, cost benefit analysis, economies of scale and cost-effectiveness analysis that will measure continuous improvement on a regular basis. Effective leadership is needed to develop, design and implement a solution that would resolve the core competency of an organization. Strategic leadership in accounting provides quality and timely accounting services to a company. Such leadership like that o Stevenson brings together a fragmented system consisting of thousands of accountants working within a fragmented system of organizations. Effective teamwork and leadership in accounting shows the way through the development of new innovative fraud investigations for the future. Leaders in positions like that of Stevenson are encouraged to consider both the social and moral implications of their decisions with regard to how their decisions will affect the clients and shareholders of the company. It is the ethical responsibility of every employee to ensure their company does not illegally evade income taxes or allow questionable deductions. They should ensure that the company finds are allocated to the appropriate activities based on their importance and determine the important elements of the business. The accounting issue                      One major way of improving the confidence in financial reporting and accounting is to ensure that there is improvement in ethical standards, reporting mechanisms, strengthening of governance and adequacy of financial management. It is ethical to maintain the right to the truth while practicing accounting and financial reporting. Those who use financial statements have the right to accurate and truthful information when engaging in investment strategies. Clients have a legal right to receive competent and professional services from accountants who have a legal obligation to perform their responsibilities within the constraints of their skills. It is often argued that most accountants lack ethical ability to recognize and solve ethical dilemmas. This has necessitated the need to include ethics education as a major component of the accounting profession. The development of professional ethics and values should be initiated early in the accounting profe ssion and be emphasized throughout the career. Major issue of the article                      Stevenson clearly shows that it is the responsibility of management to serve the best interests of the company that they are providing auditing and accounting services for, investors and society as a whole. This can be done by providing truthful and accurate financial records. Ethical guidelines require that management should be honest, concise, accurate and complete while recording financial data to ensure ethics are held to the highest degree. It is also the duty of every employee to make wise, informed decisions about the future of a company. These accounting standards are useful in financial reporting and accounting as they are processes that are currently under a great deal of scrutiny. The two are important functions that organizations should take care of and ensure that they exhibit a high code of ethics. This is because clients and shareholders use accounting and financial reports in their decision making process. Legal and ethical issues ar e important elements of financial reporting and accounting as has been demonstrated by the positions assumed by Mr. Stevenson. These issues prompted Stevenson to establish financial reporting and accounting departments to set up specific sets of rules that govern the functioning of any organization. Relevant topics and theories                      The long traditions of financial reporting applied Positive Accounting theory by focusing on various aspects that are of major interest to accounting techniques and the issues that provided an informative background and the gives in depth details of the functionality of accounting in financial reporting. Positive Accounting gives a holistic description of what is currently unknown and proposes future considerations. Financial reporting and accounting apply to any economic entity relating to the company’s future business. The major ethical elements involved are objectivity, competence, independence and integrity. These ethical elements require that accountants and financial reporters are independent of the clients to whom they provide financial and accounting services. Ethical obligations help to determine the effectiveness of accounting and financial report and redress any imbalance that may alter information symmetry. The move by Nepal and K orea followed the ethical guidelines of financial reporting and never let the desire for a better living and acquiring more possession get in the way of their financial obligations. It is ethical for any employee of the accounting or financial department working in the public or private sector to remain loyal and impartial to ethical obligations when reviewing both individual and financial reports. It is usual for one to encounter various ethical issues and it is therefore important for one to remain vigilant to resist temptations to manipulate financial records that could violate ethical guidelines. Transparency and integrity are important ethical elements of normative accounting theory. Some companies may receive pressure from management to maintain a certain public image. This is because some public companies have the burden of succeeding at high levels and it becomes an ethical issue for them to maintain true reports of the company assets, profits and liabilities without succumb ing to the pressure from management. It is unethical for management to alter the financial records of its company and manipulate the numbers to create a false image of the success of the company. This only leads to prosperity in the short term since such fraud cases are discovered by the Securities and Exchange Commission ultimately spelling the downfall of the company. For these reasons, accounting theories assert that companies must remain ethically vigilant to avoid breaching the code of conduct. High standards of ethical behavior are expected for those people engaging in accounting and financial reporting. These standards provide rules and guidance to employees in the performance of their professional obligations. Poor decision making by management based on faulty or manipulated financial records aimed at deceiving the public about a company’s financial health has negative consequences on the business. It is therefore unethical for management to overlook such behavior. Gi ven how tempting it is for companies to manipulate their financial records in order to portray an image of economic health, management should provide the last defense possible to prevent accounting fraud. In comment letter 1, the Financial Reporting Committee of the IMA wrote to express its views on financial accounting standards on simplification of the income statement presentation through the elimination of the concept of extraordinary items. The FRC is in charge of several accounting books of different companies this in essence means that they are charged with the responsibility of making timely responses to statements, pronouncements, research legislations, proposals and pending legislations. Their main concern in this letter is the complex nature of financial statements in FASB comment letters. They support the simplication initiative adopted by the board as regards to making the financial statements easier to understand by the common folk CITATION Sch l 1033 (Schroder, 2014). Their support is on the elimination of elimination of extra ordinary items as in most times this criterion is not always met. Their proposal thus rids of the tedious work in the preparation of financial documents and whether this requirement is met by auditors in the process of doing their work. Their support is based on the fact that it reduces to a great extending the complex nature of the time for the allocation of the provision of income tax by reducing the occurrence of other income items occurring. They thus advocate for a thorough examination of the details of this suggested proposal CITATION Sch l 1033 (Schroder, 2014). In comment letter number 2, Marcum Accountants and Advisors write to the FASB regarding the proposed accounting standards through the simplification of the income statement by elimination of the concept of extraordinary items. Their letter is generally a response to several questions regarding the process of simplification of the income statement. They support the concept of elimination of extra ordinary items from the General Accounting principles. Their contention is based on the difficulty of application the extra ordinary items in accounting practice CITATION Giu14 l 1033 (Giugliano, 2014). They thus support the application for extra ordinary items in previous accounting periods. A sudden change of the rules would otherwise lead to confusion in the accounting practice. The ease of application of the proposed update makes it easy to make these recommended changes quite easy to adopt. They thus suggest the immediate adoption of the proposed update. They are in agreement with the decision by the board to stick to the principle of separate disclosure of infrequent transactions. Items must thus meet the definition of occurring infrequently in recurrent expenditure. They list the following examples as those that should not be classified as unusual or infrequently occurring: occupancy related expense, routine tax audit returns and losses and gains from reimbursements from insurance CITATION Giu14 l 1033 (Giugliano, 2014). They thus suggest the importance of offering guidance on the determination of unusual items. Proper definitions should thus be provided of the unusually occurring items. In comment letter 3, Ford Motor Company also writes in support of the simplication initiative by FASB. Their agreement is based on the objective of evaluation, identification and improvement of the generally accepted accounting principles CITATION Cal14 l 1033 (Callahan, 2014). This thus means that the reduction of the cost of complexity is possible with the simplification of the income statement. They are also in agreement with the board that such an update would not lead to data loss. The overall benefit would be to the end users of such financial statements. References Callahan, S. (2014). Ford Company. Giugliano, G. (2014). Marcum Accountants. Schroder, N. (2014). Institute of Management Accounting. Source document

Tuesday, January 7, 2020

College Is An Adult, And Receiving An Education - 936 Words

When the idea of college comes to mind, what does one think of? When â€Å"college’’ is said the first thought that comes to mind is four more long stressful years of school. College is not only about the sleepless nights filled with homework and studying for one of the many exams. College exposes you to new people, learning to be an adult, and receiving an education. Education sets up young adults up for a successful future, providing the skill set needed to be successful at their job or career. All the hard work of going to school is well worth it in the end when that degree is finally in hand. People should go to college because they can get better job opportunities, which will give them better financial stability in the future. The oldest institution of higher education in the United States was founded in 1636 in the American Colonies. This later became the prestige Ivy League college, Harvard University. In 1642, Harvard had its first commencement (graduation) of nine students (Historical Facts 1). According to U.S. News Education, Harvard now has a graduation rate of eight- six percent. Harvard has one of the most top success rates which provide many opportunities for their students to be successful (U.S. News 1). Eight of our U.S. Presidents including our current president Barack Obama who attended Harvard University; they have high expectations of their students. Meaning that Harvard is extremely hard to get accepted into the University in fact, admissions rate is sixShow MoreRelatedTarget Market For Hillsborough Community College Essay721 Words   |  3 PagesMarket for Hillsborough Community College For Hillsborough Community College to attract the most students and achieve higher retention rates, Differentiated Marketing would be the best practice. 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