Thursday, January 30, 2020

Business Research Ethics Essay Example for Free

Business Research Ethics Essay The accounting world is changing constantly and so are the rules that are being set up to protect companies and their assets. There are codes of conduct that accounting offices and their personnel must adhere to and when they are not followed, there can be an ethical challenges that you have to deal with. Users of accounting information perform different types of creative accounting. Some of these practices are ethical and legal and other are not. It is important for a company to set up procedures that check and double check everyone in the accounting department from the clerks to the Controller. There is never a time in any business that someone is allowed to do things without having someone else check on their work. When there is no follow up or checks set in place is when the company finds themselves in trouble. As accountants, we are required to make sure that the work that we produce is accurate, credible and true information. This information is used to help investors and banks to make a good business decision in regard to their credit and investment opportunities. Many times, an accountant will get â€Å"creative† with the numbers to assure just that outcome. The numbers are inflated to show a better financial picture and this will help the company get more money and have the bank invest more in their future. Sometimes, this can go on for a long time without anyone knowing it is all false. Other times, companies get caught. May I remind you of Enron? Over the years stockholders and investors have lost large amounts of money due to false reporting or â€Å"creative† accounting. It is for this reason that the need for restrictions on those practices and find a solution to this problem became necessary. A company that I worked for in the past had to eventually file for bankruptcy because the Executive Board was unaware of what the Controller was doing. Many of us were aware of the incorrect numbers and were not sure how to handle it because we could not really prove that the numbers that he was  reporting were actually wrong. There are procedures in effect that prevent accountants from doing this, but not all companies follow them. This is why auditors are used with many companies. Auditors are there to make sure that all numbers and documents are proven to be correct and that there is no creative accounting or inflated numbers when looking at financial statements. Auditors can also be a deterrent for theft. If there is never a check and balance with an accountant in a company, there can be a greater chance of theft. I know of a company that I worked for suffered a loss of over $50,000 because the Controller was not required to get a second signature on checks under $5,000, so he issued himself eleven checks in the amount of $4,000. He would take the check and record that the check went to a vendor or supplier. When the bank statement was sent to our office, he would do the bank reconciliation, so no one saw the actual cancelled check because he destroyed it. Had there been an auditor that would be checking his work, this never would have continued to happen, they would have found it after the first check. It is important accountants to maintain integrity and avoid questionable situations. There are many things that can be seen as inappropriate. Many times over the years, I have been offered tickets to baseball games, dinners, gift baskets, etc. to use a particular company as a major supplier or to use a certain bank. I never thought much of accepting a gift basket, but I was told by an auditor for our firm that can be misunderstood and never to do that. This is a small scale, many companies have been known to get government contracts or big jobs because of making certain promises. Research has proven to our executives and investors that the only way to make sure that there is no inappropriate behavior by having internal and external auditors to examine the books on a regular basis. Knowing that there are audits completed on a random basis and knowing that those audits are being audited by external companies prevents mishaps, theft and misappropriation of funds. Having a clear set of policies and procedures in place and also having a clear plan of action for employees that do not follow these procedures is a sure way to insure that your company is protected. GAAP (generally accepted accounting practices) defines what is and is not permissible, but it is not infallible. GAAP can be manipulated and subject to interpretation and accountants can commit fraud any time. Eventually, we have to count on good accounting  procedures, our auditors and most importantly, employee ethics and morals to keep everything and everyone in line. REFERENCES Al Momani, M. A., Obeidat, M. I. (2013). The effect of auditors ethics on their detection of creative accounting practices: A field study. International Journal of Business and Management, 8(13), 118-136. Retrieved from http://search.proquest.com/docview/1418426106?accountid=458 Leung, E. C. (2004). Accounting ethics. Business and Society, 43(2), 226-226+. Retrieved from http://search.proquest.com/docview/199387513?accountid=458

Wednesday, January 22, 2020

The Genocide of the Chiricahua Indian Tribe Essay -- Apache Indians Na

The Genocide of the Chiricahua Indian Tribe United States history is taught in public schools from the time we are able to understand its importance. Teachings of honorable plights by our forefathers to establish this great nation are common. However, specific details of this establishment seem to slip through the cracks of our educational curriculum. Genocide by definition is the deliberate and systematic destruction of a racial, political or cultural group. The Chiricahua Indian Tribe of the American southwest and northern Mexico suffered almost complete annihilation at the hands of the American policy makers of the late nineteenth century, policy makers that chose to justify their means by ignoring their own tyrannical ways. It has been discovered that Apaches in the late 1800s were reported to exist in four separate bands, or clusters of rancherias, although how far back in time the division occurs is unknown (Griffen 5). The native name for the easternmost band was the Chihene, or "red painted people"; they were also known as Victorio, Mangas Coloradas, and Loco Apaches after the Spanish names of important leaders. To the south and west were the Chokonen or "Rising Sun People". These people were often called Central Chiricahua, True Chiricahua, and Cochise Apaches. North and west of the Chokonen were the Bedonkohe, "In Front at the End People" sometimes called the Geronimo Apaches. The southernmost Chiricahua band was the Ndeinda, "enemy people". They were also called the Nedni and Nednai, Southern Chiricahua, Pinery, and Bronco Apaches (Cole 10). These names differ among some scholars, but the majority of them can agree consistently on at least four bands, even if the names are different. Apache history is rich in custom, tradition, and worship of an all powerful supernatural force known as "The Power". Although accounts are different, after the creation of the world, "White Painted Woman" was created by Ussen. This supernatural female was the most important figure in Chiricahua religious belief. She was at once the progenitor of the Chiricahua people, the symbol of female activity and life, and the sponsor of all that was peaceful and gentle in human relationships. According to Chiricahuas, it was White Painted Woman who befriended the G’an, thus winning the sponsorship of the Apaches in a world filled with dangerous forces. ... ...ught more widely in American public schools to better understand how the southwest was and how it became to be. Tyranny in American history would be too controversial for the majority of the population; easier dealt with by not addressing it. It is also true that accounts of what actually happened differ among many scholars. Since the Apaches do not like to speak of the dead, their side of the story is difficult to obtain, and many American officers of the Army are too quick to gain recognition for things they did concerning the Chiricahuas. Finally, it is important to point out that it was the white man that invaded the Indian territory. The pride of the Chiricahuas would not allow this to happen, even though they knew their defeat was inevitable; it was Apache way. Works Cited Cole, D.C. The Chiricahua Apache 1846-1876: From War to Reservation. New Mexico: University of New Mexico Press,1988. Griffen, William B. Apaches at War and Peace: The Janos Presidio 1750-1858. New Mexico: University of New Mexico Press, 1988. Sweeney, Edwin R. Cochise: Chiricahua Apache Chief. Norman: University of Oklahoma Press, Publishing Division of the University, 1991.

Monday, January 13, 2020

Hydrofracking Global Issue

Hydro fracking's global impact Benefits Immediate solution to the energy crisis in the future Fracking is a solution to an affordable energy supply to the world                UK's future energy crisis due to low gas storage and rely heavy on import. Exploring the hidden potential for natural gas around the world                Many countries such as China, Australia, France, etc. have vast shale formation and potential for hydro-fracking natural gas. China has estimate 1,275 trillion cubic feet of technically recoverable gas compared to 862 trillion cubic feet in USLower energy costs for other countries around the world                               High cost from buying shipping energy from other countries                High costs to build nuclear plans for energy Global environment will benefit from hydro-fracking Solution to deal with global warning               Ã‚                  Carbon dioxin emission decr ease as the US's emission decrease 7. 7% since 2006               Ã‚  Importing energy through pipeline cause environmental damage due to methane leakage during transit Less toxic compared to nuclear plansJapan's nuclear shut down after tsunami disaster due to the toxic effect to the environment and people around the areas Benefit the countries's economies as wellas the world's economy                Partnership between China and the U,S create more jobs and stimulate the economy in both countries Drawbacks Global environmental's negative change Shale gas extraction cause earth tremors: possible earthquake but not strong and serious and only around the extraction area. Long-term risk for the underground water resources that might cause public ealth risks Political issue Many countries has not tapped the natural energy resource due to technical hurdle and political issue due to the danger that hydro fracking can cause to the people live near the s          à ‚                    France has strong public opposition to hydro-fracking                              Bulgaria ban it Poland welcome it but was charge with bribery during the awarding lease processing   and taint the plans                              Pending environmental review in South AfricaHigh costs for different countries In some European countries such as Poland, the costs to drill is three times more expensive compared to Texas, US. Need of Advance technologies to reduce drilling and extracting costs Geologies's differences issue China's shale formation are deeper underground, thus private property rights has hindered the development. The country's biggest shale gas prize lay in the province that water is hard to come by.

Sunday, January 5, 2020

Quantitative And Quantitative Research Methods - 1520 Words

Research is a process that is systematic and gathers, analyzes and interprets data collected about a specific subject with the objective of better understanding and meeting a goal (Leedy Ormond, 2010). Before initiating the research process the researchers need to have a clear understanding of the question and the goal of what is going to be studied or investigated. The development of a plan designed with specific methods needs to be included to acquire relevant data. The research should be guided by a specific research problem or hypothesis which takes the researcher to the direction needed to acquire information. Data collection and interpretation are a requirement for completing the research process. Deciding on a research method or approach is part of the planning process and should be part of the priorities of any research plan due to the boundaries and differences between the research methods (Garza, 2006). Qualitative and quantitative research methods are the two main types of approaches researchers utilized when developing a study. These two methods are different but they are not opposite from each other. In many research studies a combination of both methods is necessary to gather valid and adequate data. The qualitative research method is mostly focused on the ‘why?’ and it is used in studies where the purpose is to understand a behavior, attitudes, or motivations at a deeper level. The quantitative method focuses in the facts and the ‘what?’ where the numberShow MoreRelatedQuantitative And Quantitative Methods Of Research3747 Words   |  15 Pages â€Æ' 3. Method 3.1 Research Approach Although there are two types of research approaches that can be used by researchers depending on the type of research study which are qualitative or quantitative study, however, a quantitative research method will be used in order to acquire the useful information. 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