Saturday, December 28, 2019

Should Law Be Legal - 1629 Words

Law enforcers have always been seen as that in higher authority. They are seen as those who conduct and protect; as those who dominate and keep peace and maintain order. This has always been a nostalgic viewpoint on those who enforce; however, many in the Americas, or rather, around the world, have been subject to provoking thoughts that essentially bash the hierarchy – thoughts that consume the people and its select few or even its vast majority: the satisfied idea that law enforcers of our world can be extremely misleading and corrupted. In today’s present atmosphere, a number of the gossip is focused around the discipline and decision making of our police officers and or constables. Many claim for them to not be deemed professional, and ironically, a proportion of the citizens within the United States fear the police not because they are here to enforce, but because they feel that they are here to â€Å"initiate† the problems accounted. Essentially and simply put, there are innocent people out there who are afraid of our officers and their power. The definition of a police officer, taken from the Merriam Webster Dictionary, is â€Å"to control and keep order in (an area) by the use of police or military forces†; â€Å"to control (something) by making sure that rules and regulations are being followed†. This is the idealistic viewpoint that Americans wish to instill on all officers in duty; however, there have been times where an officer uses his or her power wrongfully and unexpectedly.Sh ow MoreRelatedTort Laws Should Be Legal900 Words   |  4 PagesTort laws are laws that offer remedies to individuals harmed by the unreasonable actions of others. Tort claims usually involve state law and are based on the legal premise that individuals are liable for the consequences of their conduct if it results in injury to others (McCarthy Cambron-McCabe, 1992). One of the major, most well-known tort categories is negligence, which is usually a situation when someone accidentally does wrong, which in turns causes injury to another person. In a negligentRead MoreShould Prostitution Laws Be Legal?1304 Words   |  6 Pagesit to be a taboo. While others believe that it is their right and personal freedom to choose what to do with their life and body. Recently, the debate about how laws should address prostitution legally has become a subject of legislative action. Prostitution itself is not a criminal offence under the Constitution, but there are certain laws under the Criminal Code that discourage it and makes it unlawful. For example, these sections made activities such as communicating for the purposes of prostitutionRead MoreCopyright Laws Should Be Legal1745 Words   |  7 PagesOver two centuries ago Congress enacted the first copyright law with the intent that it would allow authors and creators of works to be the sole profiters and exclusive rights holders over their work for a specified time. After the specified period of time ended, the works would pass into ownership of the general public. Since the Copyrigh t Act of 1790, copyright laws have continued to evolve and still struggle to keep up with an ever changing, fast paced society. With the use of the World Wide WebRead MoreGun Laws Should Be Legal858 Words   |  4 Pages Kansas Gun Laws Guns are something that have become very common for people in any city, or state to have; Whether it’s safe in the house or to carry on you as protection. Although there are many reasons to have a gun, there are also many reasons why people shouldn’t carry them. Even though protection is a huge reason to carry guns, there are many other reasons why people choose to carry them and their reasons are not always for protection. Kansas has a unique gun law, and not all people choose toRead MoreShould The Gun Laws Be Legal?1323 Words   |  6 Pagesthe effort to pass a law allowing any person with a CHL(Concealed Handgun Licenses) to openly carry a handgun in plain view, not only are law makers pushing to pass open carry in public, but also on college campuses. In the February 2015 article in the Dallas Morning News written by Dean Weingarten he states, â€Å"Texas outright ban on carrying handguns in plain view is unusual. Only California, Florida, Illinois, New York, South Carolina, and Washington, D.C. have similar laws† (n.p). The state ofRead MoreProstitution Laws Should Be Legal968 Words   |  4 Pagespeople, but prostitution laws are actually inhibiting sex traffickers from being brought to justice. The primary reason being that prostitution laws obviously create a barrier between sex trafficking victims and the police. Hence, a study by the Department of Justice found that officers replied that â€Å"victims’ distrust† of law enforcement was by far the most difficult challenge in their investigations, as opposed to lack of resources, lack of training, etc. Prostitution laws are blocking the flowRead MoreLaw Enforcement Should Be Legal859 Words   |  4 Pages I would make the argument among their groups that have been discussed that women would receive the most and least unequal treatment by law enforcement. In the earlier years of law enforcement sex crimes failed to get the attention they garnered, the investigations many time were shabby and many times officers felt like the victim got what they deserved by dress, action or history. It is now know that each victim is different and everyone will have a different way that they will deal or respondRead MoreGun Control Laws Should Be Legal1250 Words   |  5 PagesToday in the United States, few gun control laws are strictly enforced, allowing many dangerous citizens to easily obtain firearms. With guns in the hands of the wrong people, there is a constant threat to others. Well over half of the population in the United States own a firearm of some sort. There are over one-hundred and fifty laws in the United States, this includes state and government laws. These laws are very strict when it comes to carrying guns and handling them in public, but the problemRead MoreAnimal Cruelty Laws Should Be Legal1550 Words   |  7 PagesIn the following essay, I will debate the issue of animal testing along with the manufacturers whom participate, and provide information for both sides. I will start by presenting some basic animal cruelty laws. The Animal Legal Defense Fund maintains a database of criminal animal cruelty cases in the U.S. reported to our organization. In the last ten years, over 30% of cases that we have tracked involve animal neglect (Animals Neglect Facts). Animal cruelty includes some of the following, torturingRead MoreGun Control Laws Should Be Legal Essay1345 Words   |  6 Pagesquestion is whether gun-control laws actually reduce gun crimes or murder rates in general. Most people believe that having a fewer number of people owning guns will cut down the crime rates. There are a lot of articles on gun control these articles have analyzed the pros and cons of gun control laws thoroughly. These articles talk about the key points on both sides of the gun control debate. There is a lot of controversy over the gun control laws in America. These new laws are fearsome for some loving

Friday, December 20, 2019

Lowering The Drinking Age To 18 Essay - 1788 Words

Whether Or Not Should Drinking Age Be Lowered From 21 to 18 Years This discussion has been going on for long on many forums without a decisive conclusion or agreement. This is mainly because both the arguments for lowering the age to 18 years and not lowering have some substantial facts to support them. The people who are against lowering the drinking age come up with a number of arguments which are explained below. Several states like Michigan, Massachusetts, and Maine in the United States of America lowered their drinking ages to 18. As a direct result there was increase in alcohol related clashes. This clearly shows that the teenagers are not ready to be left to drink freely. This situation can be attributed to the fact that the†¦show more content†¦Another argument supporting not to lower the drinking age is that the earlier a person begins alcohol use, the higher the chances of that person becoming an alcoholic later in life and thus harming their brains. But this is not entirely applicable because starting drinking at the age of 21 c an also lead a person to becoming an alcoholic as well. There are statistics that alcohol consumption has lowered since 1984. Some attribute this to the fact that drinking age is set at 21, but this is not absolutely the reason because even where it is set at 18 people make their own choices of whether to drink or not. It is also evident that setting the drinking age at 21 against 18 does not eliminate teenage drinking problems; instead it just keeps them on hold until the teens get to 21 years of age. In some cases keeping the minimum drinking age at 21 encourages teens to drink more. Hence drinking age should be set at the age of 18. Here are some of the reasons why. Why the drinking age should be lowered to 18 Turning 18 years means that a person has become a responsible adult. Thus one receives the rights and responsibilities of an adult which includes; taking responsible of life and death, be prosecuted as an adult, can join the army, sign contracts and the right to vote amongst others. All these shows that at 18 a person can do all the things that a 21 years person canShow MoreRelatedThe Effects of Lowering the Drinking Age to 181126 Words   |  5 Pages2012 Lowering The Drinking Age Alcohol is considered to be a large problem in society today. Especially with young adults between the ages of eighteen and twenty-one. Which presents the question of whether or not the drinking age should be lowered. Lowering the legal drinking age to eighteen would have positive and negative influences on society. Positive through raising more government taxes and keep high school age and young college students out of trouble with the law for drinking. Negatively;Read MoreLowering the Legal Drinking Age to 18 Essay748 Words   |  3 PagesLowering the Legal Drinking Age to 18 Sarah, an eighteen-year-old college freshman, walks into a convenience store and moves timidly to the back, hoping that no one she knows will see her. Opening the refrigerator door, she pulls out a chilled case of Coors Light. Sarah nervously approaches the cashier, with her fake ID ready to be shown, and places the case of beer on the counter. Upon first sight, the cashier assumes that Sarah is not of legal age to buy beer, because she is petite and looksRead MoreEssay about The Benefits of Lowering the Drinking Age to 18726 Words   |  3 Pagesalcohol (The National Institutes of Health) (NIH). At the age of 18 usually separate teenagers from adults. But one cannot just legally buy a drink in America until the age of 21. In the time being, many states are now sending teenagers into the adult criminal justice system, even for crimes that were nonviolent. The social order age-specific methods often simmer down to limiting the freedom of the early and increasing their sentences. The drinking age has long been a tug-of-war. Is a 19-year-old developedRead MoreLowering the Drinking Age to 18 May Help Reduce Binge Drinking1072 Words   |  5 Pagesof the drinking age has been long discussed throughout America. The drinking age has been 21 for the last 22 years, and people around the country have wondered weather or not this was the right call. People say that 18 year olds may not be mature enough to drink alcohol and might not know when to stop. It isn’t that teenagers don’t know how to stop, but rather have not been properly taught when enough has been consumed or how to drink responsibly. Changing the drinking age from 21 to 18 yearsRead MoreThe Minimum Drinking Age Act1692 Words   |  7 PagesMinimum Drinking Age Act. This act stated that all states must raise their minimum drinking age to 21. Individuals under the age of 21 would now be prohibited from purchasing or being in public possession of any alcoholic beverage. Though not every state was keen on this idea, they all jumped to raise the minimum drinking age due to the government threat that they would lose up to 10% of their federal highway funding if they ignored the request. However, since the National Minimum Drinking Age Act wasRead MoreLowering Legal Drinking Age Essay1417 Words   |  6 PagesLowering the Drinking Age Half the United States population starts drinking at the age of 14.When you are 18 you have privileges like joining the army. (Mitch Adams Lowering the drinking age page 1) You can go to war and die for your country but you still can not enjoy an ice cold beer. (Mitch Adams Lowering the drinking age page 1) How is being 21 different from being 18? How does three more years of not drinking make you mature enough to drink? The longer you drink the more you start toRead MoreWhy Lowering The Drinking Age Is A Good Idea?. Lowering1627 Words   |  7 PagesWhy Lowering the Drinking Age is a Good Idea? Lowering the drinking age to 18 in the United States has been a source of controversy in recent years. It has been a controversial topic because many people disagree, while many agree with the topic. For example, the people who disagree and are against lowering the drinking age to 18 believe we should not lower the drinking age because 18 year old individuals are not responsible enough to drink alcohol. While, the people who agree we should lower theRead MoreThe Minimum Legal Drinking Age1594 Words   |  7 PagesThe Drinking Age is Safer than You Thought As Americans, we are always wondering what we can do to save lives. We suspect cancer, disease, suicide, violence, and distracted driving as taking the lives of our fellow Americans. What you may not know, is that we are already saving lives, and we have been since 1984 because of one simple law. The Uniform Drinking Age Act of 1984 moved the minimum legal drinking age from 18 to 21. Lowering the drinking age is a step backward for our safety and ourRead MoreDrinking at 18 Essay1243 Words   |  5 PagesDrinking at 18 If you look around at college parties it seems as if everyone is drinking. Actually you are probably right, but over half of those people drinking are also under the legal drinking age. Drinking is one of the main forms of entertainment for the typical college student. The only problem with drinking being the main form of entertainment is that half of the students in college or 20 years or younger. This seems to be a problem all over theRead MoreTo Lower or Not to Lower the Legal Drinking Age to 18, That Is the Question881 Words   |  4 Pagesthat binge drinking is on the rise among college students (Eisenberg n.p.). With an increase of alcohol consumption by underage drinkers, it only seems logical to lower the drinking age to prevent binge drinking, however there are far more consequences to be seen. Lowering the drinking age to 18 will not solve the binge drinking problem among college students but will cause more problems. In this paper I will explain the reason why lowering t he drinking age will not stop binge drinking and the adverse

Thursday, December 12, 2019

Core Auditing Standards for Practitioners

Question: Discuss about the Core Auditing Standards for Practitioners. Answer: Materiality is a crucial concept in auditing that assists the auditor in carrying the audit in an effective and efficient manner. The planning materiality in the context of auditing signifies the amount set by the auditor as a threshold above which the items in the financial statements would be considered material or significant requiring special attention of the auditor (AICPA, 2016). Further, the threshold limit could also be set for performing the audit and in that case it is known as performance materiality. Any amount of misstatement encountered during the audit, whether taken individually or in aggregate, if exceeds the set threshold, is considered significant. In order to set the materiality, the auditor is required to assess the riskiness of entity being audited (AICPA, 2016). In the current case, audit of Could 9 Pty Ltd is under consideration for which the evaluation of planning materiality has been done as follows: Description Amount Total assets 24,986,261 Planning materiality (%) 0.50% Planning materiality ($) 124,931 The planning materiality as computed above is $124,931 which means that the auditor will use this figures as the threshold for planning the audit procedures. The planning materiality has been computed based on the total assets of the entity. The total assets have been used because the other parameters such as profit before tax, turnover, and equity have been considered unfit for use. The company has incurred losses in the year 2011; therefore, profit before tax can not be taken as the basis to determine planning materiality. Further, in regards to revenues and equity, the consistency has been found missing making the use of these factors unfit for determination of planning materiality. Moreover, the amount of planning materiality as arrived at $124,931 seems to be appropriate looking at the size of balance sheet and the income statement. The most of the figures of income statement and balance sheet are greater than $124,931 which implies that the audit plan will cover testing in a great detail. The detailed testing is required looking at the risk involved in the audit of Cloud 9 Pty Ltd. The addition of new line of business and that too with weak internal control system exposes the company to risk. Further, the company has also not been able to achieve its budget targets in regards to revenue growth. The company budgeted to achieve 3% growth in revenues in the year 2011; however, the results show a decline of 17.88%. Analysis of Cloud 9s Financial Position and its Business Risks The analysis of financial performance and position of the entity before conducting the audit proceedings is necessary to analyze the business risk. In analyzing the financial performance and position of the entity, the analytical procedures play a crucial role. The ratios analysis and trend analysis by computing percentage changes are the two primary tools to performance analytical procedures (AICPA, 2016). In regards to the audit of Cloud 9 Pty Ltd, the financial ratios and percentage changes have been computed to analyze the financial performance and position of the company. The key ratios of Cloud 9 are presented in appendix-B, from which it could be observed that the profit is showing unusual fluctuations. The company had net margin of 3.07% in the year 2010, which fell severely down to -6.41% in the year 2011 showing that the company incurred heavy losses (Appendix-B). Further, the debt to equity ratio also showed unusual increase in the year 2011. It increased from 3.25 times i n the year 2010 to 5.25 times in the year 2011 showing that the companys borrowings increased significantly. Further, the Interest Times ratio decreased from 0.34 times to -1.10 times. Overall, the analysis of ratios depicts that the financial performance of the company has not been good in the year 2011. The company has accumulated losses of $1,205,304 in the year 2011. Further, the percentage change analysis also depicts some unusual fluctuations in regards to expenses. The Advertising Promotion (Print) expenses increased by 49.46% and the Advertising Promotion (TV) increased by 162.86% in the year 2011(Appendix-A). Further, there was observed a decrease of 17.88% in the total revenues as against the managements estimations of 3% increase in the year 2011. The financial performance and position of the company has been observed to be deteriorating in the year 2011, which exposes it to risk of manipulation in the financial statements. There is inherent risk that the management may manipulate the financial statements to conceal the adverse financial performance from the investors. The high rate increases in the advertisement expenditure makes it prone to the risk of fraud and misstatements. Thus, the auditor should assess the business risk as high in relation to the audit of Cloud 9 for the financial year 2011. Common-size Statement for the Balance Sheet of Cloud 9 The common size analysis has been conducted on the financial statements of the 2011 and 2010 as depicted in Appendix-C. From the results of analysis, it could be observed that cash as decreased significantly in 2011. In the year 2010, the company had cash balance which comprised 7.13% of the total assets. However, it decreased in the year 2011 to 0.98% which shows low liquidity position. Further, there has been observed to be a heavy reduction in the current liabilities in the year 2011. The current liabilities were found to be 45.87% of total assets as compared to 69.34% in the year 2010 (Appendix-C). This big margin decrease in current liabilities is the sensitive matter for auditor. Further, the interest bearing liabilities under non-current liabilities have also been showing surprising increase requiring the auditor to probe in deep. The audit of Cloud 9 for the financial year 2011 requires special attention to the following points: WS is taking up the statutory audit of Cloud 9 for the first time, thus, there is a requirement to discuss with the previous auditor on the riskiness of the entity. Further, company has started a new retail store in the year 2011 which is required to under rigorous scrutiny from internal control perspectives (Gramling, Johnstone, Rittenberg, 2012). In regards to financial statement items, the revenues are the most vulnerable because there has been observed a significant fluctuation. Company has not been able to meet the targets. Thus, revenue account needs to be tested on the completeness and accuracy assertions. The advertisement expenditure has also been identified as prone to fraud or error. There has been observed a sudden increase in advertisement expenditure in the year 2011. Thus, the advertisement expenditure account needs to be tested on the accuracy and completeness assertions. The interest bearing loan account has show increase at the high rate. Thus, the auditor is required to check that whether the loans taken by the company actually exists. Further, the interest bearing account also needs to be tested on the obligation assertion (Bagshaw Selwood, 2014). The company purchases inventory on free on board (FOB) basis. In this regards, it is essential for the auditor to verify that the right, completeness, and accuracy assertions of inventory account. References AICPA. 2016. Audit Guide: Analytical Procedures. John Wiley Sons. AICPA.2016. Audit Guide: Assessing Responding To Audit Risk In a Financial Statement Audit. John Wiley Sons. Bagshaw, K. Selwood, J. 2014. Core Auditing Standards for Practitioners. John Wiley Sons. Gramling, A.A., Johnstone, K.M., Rittenberg, L.E. 2012. Auditing. Cengage Learning.