Monday, December 23, 2019

Advantages and Disadvantages of Becoming a Police Officer

When you were a kid the coolest jobs to you were probably a doctor, fireman, police officer or a teacher and if not, than you’re probably Amish. A police officer may seem like a common job, but it’s actually very hard to get into law enforcement. Most little kids dream of being a police officer when their older, mainly because they don’t exactly know what it is, and the requirements to be one. I’m interested in law enforcement because I would like to help clean up and rebuild the same community I grew up in. Most people don’t feel protected when they see a police officer, they feel paranoid. I would like to be a part in changing the image that police officers have locally. You always hear about the small town stories where the sheriff is involved in everything the community does, and people respect and look up to. There are so many parts of being a police officer including the different branches of law enforcement, the requirements to be a police of ficer, advancement in law enforcement, and if you don’t want to specifically be a police officer, there are many similar occupations. Police officers handle many different tasks, many of them being emergencies or annoyance calls. Police officers are in the streets to enforce laws, respond to emergencies, patrol assigned areas, conduct traffic stops, issue citations, obtain warrants, write detailed reports, and prepare cases to testify in court. When police officers enforce laws, they must give the suspect their Miranda warning,Show MoreRelated French and American Criminal Justice Systems Essay1169 Words   |  5 Pagescomparing are police, courts, the legal profession, legal education, criminal procedural law, corrections, and juvenile justice and the advantages and disadvantages of each. 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Sunday, December 15, 2019

The Introduction To The Public Interest Accounting Essay Free Essays

Harmonizing to an online lexicon, Cambridge Business English Dictionary Public Interest can be defined asA A noun used when speaking about peoples rights to cognize the facts about a peculiar state of affairs in general concern ( beginning 1 ) . Furthermore in an accounting position, International Federation of Accountants stated it as †the net benefits derived for, and procedural asperity employed on behalf of, all society in relation to any action, determination or policy † ( beginning 2 ) . It can be concluded that it may be referred to be the chief factor when a determination is being made on behalf of the people in a society ; Sing that it can do a great impact. We will write a custom essay sample on The Introduction To The Public Interest Accounting Essay or any similar topic only for you Order Now Furthermore, IFAC has defined the footings â€Å" Public † and â€Å" Interest † individually to clear up the extent of their duty towards the users. As IFAC is a world-wide organisation that can impact a broad scope of people, it described the public financially with â€Å" persons and groups sharing a market place for goods and services † , and non-financially with those that portion a common purpose such as fulfilling life care. This consists of investors, stakeholders, clients and Sellerss, and fundamentally all of the occupants. As for the populace ‘s involvement has been defined as â€Å" all things valued by persons and by society † ( source3 ) . It can be briefed as things that people deserve to acquire and wish to achieve. It is known that there are a batch of benefits that a society demand such as a good life status includes having a wellness attention and instruction, holding political freedom, and practically efficient fiscal markets. Mea nwhile, IFAC is considered to profit the populace in accomplishing their involvements that are related to fiscal affairs and available scarce resources, which comprises minimising economic hazards in fiscal markets and establishments, bring forthing sufficient, helpful and comprehendible fiscal and non-financial studies and really about similar that aid all interested parties in comparing in order to apportion their resources, quality scrutinizing on every degree in an organisation, sing that authorities ‘s and public sectors ‘ information and actions are crystalline to citizens, a well-structured corporate administrations and ethical directors, and excellence and wisely direction of natural resources that can spread out for farther coevalss ‘ consume ( beginning 4 ) . Current regulative environment The Financial Reporting Council is an independent regulator which has been established to guarantee and develop the quality of corporate administration and coverage in the UK. It comprises of six runing organic structures, the Auditing Practices Board, the Board for Actuarial Standards, the Professional Oversight Board, the Accounting Standards Board and the Accountancy Investigation and Discipline Board, the Financial Reporting Review Panel ( beginning 6 ) . IFAC aims for a sustainable successful fiscal environment to promote shareholders to put efficaciously. They take into consideration the actions of professional accounting organic structures and actuarial profession and act independently by training them in raised instances that concerns public involvement. They assist in bettering the efficiency of audit quality and engage in the treatment for future audit market competency. Likewise, they impose criterions and codifications for comptrollers, companies and hearers. ( Source 5 ) Sarbanes Oxley Act of 2002 introduced in response to the major fiscal crisis such as Enron to protect the investors ‘ assurance in the fiscal market, which had been corrupted and caused a batch of losingss. ( Source 9 ) It concentrates on bettering the stability and truth revelation of fiscal statements. Basically, SOX emphasised the duty of the truthfulness of published fiscal statement on managers, and established new punishments for illegal behaviors. Sing scrutinizing subdivision, they have been concerned intensely on effectual internal control on an organisation, which can be used as a verification about the accurateness fiscal statements and figures generated. And an internal control study should be written by the managers, as a back uping papers for their assurance of the truthiness and equity of the company ‘s fiscal place. And an auditing house should take part on guaranting the adequateness of the internal controls by inspecting the company ‘s overall tech niques and policies. ( Source 8 ) . The International Federation of Accountants is a world-wide establishment which has been functioning the public involvement by beef uping the communicating of fiscal information about an entity to the users. In order to carry through strengthen, IFAC assure that international criterions are have been followed and implemented decently by accountant professions, and they can pull off to accomplish the confidence by steering them. The international criterions which IFAC support are really valuable criterions that have a great impact of practically keeping the full economic system. And IFAC is back uping four independent standard-setting boards which are International audit and confidence criterions Board ( IAASB ) , International accounting instruction criterions Board ( IaesB ) , The IAESB sets International Education Standards ( IESs ) , International moralss criterions Board for comptrollers ( IESBA ) and International Public sector accounting criterions Board ( IPSASB ) . Pointedly, IFAC stands up for the populace and talk out for them in instances, related to accounting and scrutinizing professionals, which are in public ‘s involvement. ( source10 ) The Public Interest Oversight Board is a planetary organisation created to detect and guarantee that the standard-setting boards, under the IFAC that are in the portion of A audit and moralss, instruction, and confidence, are concentrating on public involvement. PIOB had improved the quality of fiscal coverage through promoting audit profession to pattern with more transparence and dependability. Particularly after the tremendous fiscal prostrations of cardinal great companies, such as WorldCom, that weakened the public trust on the truthiness, efficiency and independence of hearers ‘ sentiment. Thus, an independent organic structure that observes the audits sentiment and sets criterions is needed for investors to do accurate determinations, increase their trust and ingurgitate them to put, and therefore the market will boom. Another advantage of holding an international organic structure guard international criterions it will assist in comparing public presentations of world-w ide houses easy. ( Source 11 ) Audit quality Harmonizing to Titman and Trueman, audit quality is a term describes the rightness and dependability of information provided by hearers to users, In other words, the capableness of hearers in observing misleading or inaccurate information in fiscal statements ( beginning 12 ) . However, IAASB states that audit quality can non be defined exactly, it changes from which position you are looking at it. In investor position, audit quality is measured by hearer ‘s repute, coverage and outlooks from their work. The better repute the higher quality is assumed in audit. In audit commission member position, the quality of audit is influenced by the quality grade of the hearer, accomplishments and experiences, the audit procedure, which method and groundss were used, and hearer ‘s interactions with others, if in a manner whether it affects his independence or does non. ( Source 13 ) The International Standards on Auditing ( ISAs ) takes a cardinal function in take parting in audit quality by puting a globally accepted benchmark. In add-on, their criterions have been improved with the aid of IAASB, which is independently carefully supervised by PIOB. ( Source 13 ) The demand of audit quality is raised from asymmetric information and struggle of involvements ( beginning 12 ) . It can be conducted that audit quality is demanded because a batch of shareholders had worthless investings for the ground that false information were recommended to them or unjust audit studies were issued. Furthermore, some hearers loss the independence, which is a primary rule for an hearer, by working for a house by supplying dishonorable sentiment merely to maintain their occupation or they have been bribed. In add-on, it can be determined from a survey that the higher audit quality consequences a higher grade of investor ‘s capableness to anticipate future net incomes ( beginning 12 ) . Audit study Audit study should be attached with a house ‘s one-year fiscal statements to province their sentiment of the truthiness and equity, or non, of the fiscal figures ( beginning 14 ) . It could be issued by internal hearer or external hearer. The study can impact a house ‘s stakeholders, loaners and stockholders. If it was unqualified study, so more investors will be attracted to the house, stockholders ‘ assurance in directors will increase, and it will fulfill their loaners, due to enhanced public presentation, by vouching the house ‘s refund their money. Qualified sentiment could be a ground of except for, disclaimer of sentiment or inauspicious sentiment. Except for sentiment is used when there is a restriction of range, an hearer does non hold adequate grounds that can assist him in guaranting a affair. Disclaimer of sentiment is when a director refuses to give the hearer the authorization to garner information or he does non take part with him, and when an h earer misses an chance that is material to the topic being audited. And in conclusion, inauspicious sentiment is the worst because it indicates that a company is non following with the criterions, fiscal statements contain deceptive information, or affect important uncertainnesss ( source14 ) . In order to bring forth quality audit reports the ICAEW Audit and Assurance abled to form the Audit Quality Forum in 2004. Since the addition in complexness of concern environment and the important impacts of several fiscal failures that forced the universe into recessions, they are seeking to strength the relationship and communicating between directors and managers and all participates with more transparence. Therefore, assurance will increase due to the clear uping every procedure and determination devising, which eventually will ensue with extremely dependable studies. ( Source 15 ) Till today the hearer ‘s study are under alterations in order to run into the user ‘s demand. There are two chief defects that should be extinguish or minimise in coverage, which are the outlook spread and the information spread. The outlook spread occurs when user ‘s outlook from hearer ‘s information provided in a study differs from the existent audit itself. For illustration, hearers ‘ materiality term is considered otherwise than the construct understood by the user. Besides, the audit study is conducted with general nonspecific linguistic communication that does n’t demo the existent process of scrutinizing, nonsubjective investigated or to which extent the audit covers. As for the information spread â€Å" the being of a spread between the information they [ users ] believe is needed to do informed investing and fiducial determinations, and what is available to them through the entity ‘s audited fiscal statements or other publically a vailable information † ( Source 16 ) . In other words, investors think that they can establish their determination on audited fiscal statement, which reflect the organisation ‘s overall public presentation and fiscal place. However, in existent pattern there are information in an entity that are non related to scrutinize, somehow it is much utile for efficient fiscal analysing and determination devising. Therefore, in an entity fiscal study, directors should advert clearly important fiscal coverage hazard and how they are being stated, on the other side, hearers should be more crystalline about the audit carried and particularly countries concern audit hazards. Decision How to cite The Introduction To The Public Interest Accounting Essay, Essay examples

Saturday, December 7, 2019

Opportunities and Challenges of Workplace Diversity

Question: Discuss about the Opportunities and Challenges of Workplace Diversity. Answer: Introduction: Diversity is an important issue for any organization. As far as Sonic Telecommunication Services is concerned, it follows a workplace diversity culture to an extent. First of all, the organization hires an inclusive workforce, as Kim, an Asian is herself being hired in the Australian company. The second point however, shows that the organization does not have a proper body for monitoring and supervising the diversity policies, as the management authority was unaware of Kims problem. Thirdly, when the issue was raised, the management authority of the organization denied that any such diversity issue had never emerged earlier, that shows that the employees were deprived of providing regular feedback to the organization. Fourthly, the organization does not have a set of stringent ethical workplace codes, in written form, and hence the violation is all the more probable (Barak 2014). Fifthly, the organization shows biased attitude towards minor ethnic groups and female employees, while c onsidering promotion. Both Woolworths and Westpac have a supervisory body that helps in monitoring the workplace diversity issues, and thus each employee facing diversity challenges can get an easy solution to his problems. This will motivate the employees, and will help the employees work harder. Besides, both the companies regularly communicate and update the diversity policies, that builds awareness among the employees. Woolworths offers employment opportunities to disabled people as well, that improves employee morale and renders the company greater recognition. However, Westpac does not train the employees to embrace diversity at workplace, but the arrangement of training programs, workshops and seminars can help in creating unity among the employees of a diverse workforce. The importance of the diversity policies lies in the fact that they offer a strong legal framework, against which each employee of the organization is compelled to work and hence there is less possibility of violation of the codes of conduct. The diversity policies help in motivating each employee, as they understand that their each share of contribution is being valued by the organization. Besides, by incorporating diverse people at workplace, an organization can also create a positive work environment, that creates a sense of belonging among the employees (Harvey and Allard 2015). This will help in reducing the problem of employee turnover rates. Above all, when an organization introduces diversity at workplace, it can also gain recognition and popularity among the masses, and this in turn will have a positive impact on the profitability of the company. In order to address Kims problems, first of all, her professional expertise, skills and knowledge must be examined by a senior manager. In case, she is found to possess adequate skills and knowledge, she should be immediately promoted to a higher designation. The management must hold a meeting in presence of Mathhew Jones and Kim, so that the problem can be resolved, and if necessary Jones might be asked to acknowledge his apology before Kim. Both Matthew and Kim should be asked to participate in special workshops that will help in resolving the differences the two have between each other. Diversity Policy of Sonic Telecommunication Services: The organization must reserve special seats for disabled people, while recruiting employees. The existent diversity policies will be expanded to include new areas, such as ethnic diversity Regular workshops and seminars focused on the issue of diversity must be organized at regular intervals The employees will be provided with regular diversity training programs, the participation in which is mandatory (Canas and Sondak 2013) The creation of LGBTI employee network Recruitment and promotion of black Asian minority group of people The female employees should be encouraged to assume leadership roles Providing employment to the employees of the armed workforce Inclusion of elderly workforce Introduction of training opportunities to the physically challenged employees Monitoring the impact of the policies The appointment of a supervising manager who can be approached for providing feedback regarding the policies A diversity council will be set up Every six months, an employee survey will be conducted for evaluating the effectiveness of the policy The diversity policy will be incorporated in the Vision Statement of the organization An employee is subject to payment of fine or even termination of service, in case of violation of the diversity policies (Bond and Haynes 2014) A supervisory body will be set up for evaluating the diversity policies The organization can review the implementation of its policies, by setting up diversity advisory councils, the members of which will supervise the effectiveness of the policies. Employment surveys will be organized to understand the employees response to the policies. In order to implement diversity policies, the organization must arrange different meetings and interactive sessions among the employees, so that the managers and the employees can be made aware of the importance of incorporating diversity at workplace. Different training programs and seminars will be arranged, which will help to explain to the managers, how promotion of diversity helps in achieving organizational success (Wambui et al. 2013). Each week the organization will organize meetings for communicating the diversity plans and policies to the employees. By organizing training programs, seminars and workshops, the organization can promote diversity at workplace. Besides, Sonic Telecommunication Service can also create strict diversity policies, the violation if which will attract huge penalty. This will compel the employees to adhere strictly to the policies. The use of employee surveys, setting up a diversity review committee, employment of a proper HR metric for evaluating employee satisfaction can help in the review of diversity implementation programs (Williams 2013). Sonic Telecommunication Service can introduce improvements in various areas of its diversity program. First of all it should introduce a strict and stringent set of diversity policies which each employee should adhere to. Secondly, the organization should increase the number of employees belonging to minor ethnic groups. Thirdly, the organization can also create a quota system for women employees in the managerial designations of the organization (Tynjala 2013). Fourthly, the organization should announce rewards and incentives for the employee who is being most friendly and collaborative at workplace. Finally, the organization can also organize different fun and interesting outdoor activities, for promoting employee coordination. Reference List: Anderson, A., 2013. How to Manage Diversity in a Workplace.Demand Media, Hearst Communication Inc. Barak, M.E.M., 2013.Managing diversity: Toward a globally inclusive workplace. Sage Publications. Bond, M.A. and Haynes, M.C., 2014. Workplace diversity: A socialecological framework and policy implications.Social Issues and Policy Review,8(1), pp.167-201. Canas, K. and Sondak, H., 2013.Opportunities and challenges of workplace diversity. Pearson Higher Ed. Harvey, C.P. and Allard, M., 2015.Understanding and managing diversity. Pearson. Tynjl, P., 2013. Toward a 3-P model of workplace learning: a literature review.Vocations and learning,6(1), pp.11-36. Wambui, T.W., Wangombe, J.G., Muthura, M.W., Kamau, A.W. and Jackson, S.M., 2013. Managing Workplace Diversity: A Kenyan Pespective.International Journal of Business and Social Science,4(16). Williams, C., 2013.Principles of management. South-Western/Cengage Learning.