Civil Union Is It Worth The Trouble - 1255 Words

Carlos Valencia Ms. Bryant DRE 098.2004 6 May 2015 Civil union is it worth the trouble? To understand civil unions, people must understand the history, benefits, laws and relevance of a civil union. Civil unions are relatively still a new concept in the United States that is slowly becoming an irrelevant notion. Commonly same sex partners are the ones who would use a civil union. Due to the changing laws to marriage the need for a civil union is becoming unnecessary. There are many benefits to civil unions but one that stand out is the dissolution of a civil union. The dissolution of a civil union can be easier than a divorce, or just as difficult as a divorce. The benefits for a civil union pales in the comparison to the benefits of marriage. Civil unions may vary from state to state the most important thing about a civil unions they are only recognized in the states in which the partners are registered in. Standard heterosexual nuptials are not only recognized federally they are also recognized internationally. Homosexual marriages are very similar to civil unions wh ich are only recognized in select states, are federally recognized, international recognition depends on the country especially if homosexuality is illegal such as Russia. Although the history of civil unions have a history that goes as back as far about 600 years as describe by Allan Tulchin’s Journal (Tulchin). As for the United States In 1982, the Village Voice newspaper provide its employees in a civilShow MoreRelatedMovie Review : Full Metal Jacket 1477 Words   |  6 Pageslives behind them and join the cause to protect their country. People enlist in the armed forces for a multitude of reasons but one reoccurring reason is a feeling of duty towards protecting ones country and in the case of the civil war this was a widely spread concept. The Union and Confederate soldiers possessed deeply held ideological, political, and patriotic convictions, which were the major reasons they enlisted, fought, and remained in the ranks. McPherson claims these ideals that motivated soldiersRead MoreThe American Civil War1364 Words   |  5 Pagesthe deadliest war in American history. It wasn’t a regular war, it was a civil war opposing the Union in the North and the Confederate States in the South.. The Civil War cost many people’s lives on the battlefield and beyond. In addition it cost an extreme amount of money for the nation which possibly could have been avoided if the war had turned to happen a little differently. To start with, The Civil War lasted from 1861 until 1865 and became the deadliest war in United States’sRead MoreEssay on The Role Kansas and Nebraska Played in the Civil War1436 Words   |  6 Pagesclashes had become a daily routine. Right on the verge of a national split, the passage of the Kansas-Nebraska Act led to increased friction between the North and South, led to a national split of the Whig party, and led to violence in Kansas and the Civil War. This significant act resulted in numerous accouterments that left both immediate and progressive effects on America and its political system. The Great Plains area, west of Missouri offered countless opportunities for farming and ranching.Read MoreThe Battle Of The American Civil War1140 Words   |  5 PagesOn April 12th 1861 the famous American Civil War began, citizens from all over the United states fought against one another. The war pitted brother against brother in a fight primarily over the freedom of slaves. The majority of soldiers in the Civil War were white especially those serving the southern regiments, however African Americans served as well. The black regiments of the military during the civil were successful and essential. These African Americans were referred to as Buffalo SoldiersRead MoreWhy The South Suffered A Major Downfall1568 Words   |  7 PagesThere were various reasons as to why the South suffered a major downfall, and loss in the American Civil War. The South did have several advantages from its vast amount of land, to its trained soldiers who possessed many skills, to its knowledge of th e land since it was familiar land to them. However, the North had various advantages from it advantages in both their amount in soldiers and resources, to the having great financial resources, to being higher than the South industrially, to having aRead MoreAbraham Lincoln and the Gettysburg Address1685 Words   |  7 Pagespresidents. He sacrificed himself for what he believed in, even if it meant starting a war against his own country. He believed in equality for everyone and that all men were created equal. As president he is best remembered for leading the Union through the Civil War and freeing Confederate slaves with the 1863 Emancipation Proclamation and for delivering the Gettysburg Address, the most famous oration in American history, on 19 November 1863. But out of all of them, his greatest contribution was theRead MoreThe Fate Of The South1612 Words   |  7 Pagesfarms, and cities, taking the lives of 620,000 American Soldiers? A civil war as big as this could only b e fought over something as important as a moral standard set by abolitionists pushing for the culmination of slavery. William Davis argues that slavery was the â€Å"single motive force that drove the flood towards war.† Although many claim that â€Å"state rights† was the reasoning behind the motivation of the south fighting the civil war, the underlying truth is revealed through the reliance southernRead MoreThe Killer Angels By Michael Shaara Essay1595 Words   |  7 PagesThere was never a bloodier war on American soil than the Civil War. Those short four years took the lives of thousands of soldiers and destroyed many infrastructures of America. The war, however, was more than a battle between Lincoln and Davis, the North and the South, slavery and freeman. The Civil War was a war of ideals. The accounts told by the soldiers shown that, although the two sides did not agree on most topics, the North and the South did held certain ideals. In The Killer Angels by MichaelRead MoreThe Killer Angels By Michael Shaara1596 Words   |  7 PagesThere was never a bloodier war on American soil in history than the Civil War. Those short four year took the lives of thousands soldiers and destroyed many infrastructures of America. The war, however, was more than a battle between Lincoln and Davis, North and South, slavery and freeman. The Civil War was a war of ideals. The accounts told by the soldiers shown that, although the two sides did not agree on most topics, the North and the South did held certain ideals. In The Killer Angels by MichaelRead MoreThe Civil War : The And Soul Of The United States Of America1749 Words   |  7 Pagesstates’ opinions. Then, the Civil War happened. This war was one of the most pivotal points in American history. The government tried to make a decision on its own without the consent of the country as a whole. This led to the destruction of the rights of the people. The destruction of the rights of the peop le gave the majority of the power to the federal government, who have abused it, repeatedly, ever since. America has gone through very dark time as a result of the Civil War. These are the three

Stratification And Social Mobility On A Person s Chances...

The idea that stratification and social mobility can influence a person’s chances for a higher life expectancy is very possible. The concept of â€Å"stratification is defined as the structural ranking of an entire group of people that maintains unequal economic benefits and power within society.† This system allows individuals opportunities only based on the tier that they occupy. â€Å"There are four major systems of stratification which are slavery, caste, estate and class.† â€Å"The current stratification within the United States is an open, class system where the position of an individual is influenced by their achieved status and social ranking is primarily based on economic position.† Certain â€Å"characteristics within the system can influence social mobility, which is the idea that a person can move from one position in society’s stratification system to another.† A person’s position in this â€Å"class system shapes their access to material, social and cultural resources and is heavily dependent upon their family’s background, race and ethnicity.† â€Å"The United States divides it class system into five social class; the upper, upper-middle, middle, working and under class.† The different tiers reflect income, education, political power and authority decreases as you go from top to bottom. The greater a person’s income is it decreases there likelihood of disease and an early death. A person with a lower social class have greater difficulties trying to maintain a healthy lifestyle likeShow MoreRelatedSocial Stratification During The Upper Class867 Words   |  4 Pagesreferred to as social stratification (Kendall, p.221). The factors that play a role in selecting who is in which class depends on wealth, income, education, and occupation. These factors affect how much power and prestige a person has. Social stratification in American is broken into about four social classes ; upper class, middle class, working class, and working poor. The upper class makes up only 1 to 3% of the U.S. population, but holds more than 25% of the nation’s wealth (Mobility, measured,Read MoreInequalities, Both Domestic and Global, Illuminate the Inevitability and Functionality of Stratification. Discuss.1842 Words   |  8 Pagesdomestic and global, illuminate the inevitability and functionality of stratification. Discuss. The Cambridge Dictionary of Sociology defines inequality as ‘the unequal distribution of opportunities, rewards, and power among and between individuals, households and groups’(1). It goes on to say that ‘the subfield of social stratification has as its main task the description and analysis of inequalities, or the makeup of the stratification system of any given society’.(1) From this one definition, we canRead MoreEssay about Class and Poverty in Australia1838 Words   |  8 Pagespeople who have generally similar educational histories, job opportunities, and social standing and who are conscious of their membership in a social group that is ranked in relation to others and is replicated over generations (Kent, 1998:87). This essay argues that class cause continues to inequality in Australian society. Firstly, class structures labor market inequality. Secondly, class shapes the quality of a persons life. Thirdly, class inequality produces continuing class differences into theRead MoreThe Equal Education System9443 Words   |  38 Pagessocio-academic inequality has remained relatively stable for over a decade, creating a social stigma where individuals from high-socioeconomic households tend to succeed academically compared to their low-socioeconomic counterparts. However, on a micro-level I have witnessed friends and family who have succeeded academically despite coming from low socioeconomic backgrounds. This has led me to question this social stigma and consequently, the main focus of my Personal Interest Project (PIP) is to investigateRead MoreIncome Inequality, Class Warfare And Alternative Models8449 Words   |  34 Pageswide array of social, health, academic, financial and military security. Research shows that nations with greater income inequality exists, measures of life expectancy, math literacy, infant mortality, homicides, imprisonment, teenage births, trust, obesity, mental illness, addiction and social mobility are all negatively influenced (Wilkinson 2011.) Of OECD counties, Wilkinson shows the U.S. currently has the highest inequality income inequality along with the most amounts of these social and academicRead MoreConsumer Behavior Study Notes7882 Words   |  32 PagesExchange (two or more organizations or people give and receive something of value) is an integral part of marketing Consumer behaviour involves many different actors * Purchaser and the user of a product may not necessarily be the same person * Another person can also act as an influencer when providing recommendations for or against certain products without actually buying or using them Segmenting Consumers Market Segmentation: process of identifying groups of consumers who are similar toRead MoreSociology Essay20437 Words   |  82 Pagesstudents’ immediate use within the teaching context. No other rights are granted without permission in writing from the publisher or under licence from the Copyright Licensing Agency Limited, of Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who commits any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. Published in 2010 by: Nelson Thornes Distance Learning Delta Place 27 Bath Road CHELTENHAM GL53 7TH UnitedRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesPerspectives on the Past, edited by Susan Porter Benson, Stephen Brier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. 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Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreStrategic Marketing Management337596 Words   |  1351 Pages4.7 4.8 4.9 4.10 Learning objectives Introduction: the changing business environment (or the new marketing reality) Analysing the environment The nature of the marketing environment The evolution of environmental analysis The political, economic, social and technological environments Coming to terms with the industry and market breakpoints Coming to terms with the very different future: the implications for marketing planning Approaches to environmental analysis and scanning Summary 5 Approaches

Financial Statements Sustainability Report -Myassignmenthelp.Com

Question: Discuss About The Financial Statements Sustainability Reports? Answer: Introduction For the purpose of the report, Ancell Limited is selected that is a pioneer in giving health, as well as safety solution along with different products. The main operation of the company is in designing, manufacturing, as well as the development of a huge range of products that lead to the safeguard of the body (Ansell Limited, 2016). The company has provided adequate disclosures in its annual report that requires immense research in order to avoid any negative showcase on the company. Furthermore, the auditors has not provide the Key Audit Matter in the Audit report that is now needed to disclosed in tune to ASA 701 that is Communicating Key Audit Matter in the Independent Auditors Report, as well as ASA 315 that is Identification, as well as Assessment of the Risk of Material Misstatement through knowledge of the Entity and its environment. ASA 701 its relationship with audit report ASA 701 Auditing Standard ASA 701 came into existence chiefly for the need of financial reporting that ends on 15 December 2016. The introduction of this auditing standard was to assess the audit matter is important and when assessed, the communication should happen with an opinion that is not biased on the key matters and linked to the firms management that needs to be audited. The main aim of this communication resides in the fact that it leads to transparency in the financial statements that are audited and help the user of the financial statement to have a thorough look into the matter that can have an impact on the user's result. This can be properly explained with the help of Lehman Brother example where the use of ASA 701 can prevent the material fact concealment. The material facts are critical as it has a strong impact on the users and other related parties. Key Audit matters can be described as those matters that require a proper attention of the auditor when the financial statements need to be audited (Eccles Krzus, 2014). To consider such matter, it is the need of the hour that the auditor should spot the matter that is vulnerable to material misstatement, high level of uncertainty, etc. The auditor of listed companies is now required to disclose such matter in the audit report that according to their opinion is of major importance in the audit of the financial report of the present year. All these matters, as well as event, needs to be mentioned that were disclosed to the auditor till the audit gets completed and even those that were not needed to be disclosed (Eccles Krzus, 2014). Disclosures are important criteria and in the event of such not disclosed then it can hamper the proper management of the company that might create a rift in the process of decision making. ASA 315 its relationship with audit report ASA 315 Identification and Assessment of the Risks of Material Misstatement through knowledge of the Entity and Environment The auditing standard highlights that the audit should be of high competency so that any risks can be traced at the very beginning. This will lead to avoidance of the material misstatement in the financial statement. The presence of material statement hampers the normal progress of the company. It needs to be noted that the happening of such might occur as a result of fraud, error or mistakes that are not intentional in nature (Matthew, 2015). The auditor needs to report such happening after a proper understanding and evaluation of the entity, as well as environment. Moreover, the internal control needs to be ascertained and reported by the auditors as they put huge emphasis on the companys working. Important points that were of major importance while conducting the audit and that could have been disclosed by the auditors in the auditor report as Key Audit Matters: In comparison to the year 2015, the aggregate sales have declined by 4.4% that has caused the EBIT to report a negative trend amounting to 3.5%. Further, the companys EPS have also decreased that is a significant concern. Such lower trend of sales is because of translations in currency as the company pursues major international exposure. Besides, overall profits have declined because of enhancement in administrative, general, and selling expenses in comparison to enhancement in sales figures. Moreover, there were inappropriate results in the companys medical segment wherein it encountered manufacturing issues in Malaysia and Melaka facilities with sales depreciated by 8%. In contrast to this, the sexual wellness segment witnessed growth by 3%. Nevertheless, only the operating cash flows of the company witnessed significant growth by 24% (Ansell Limited, 2016). The auditors have failed to disclose various relevant matters that might have arisen after the termination of the financial period, which can impact the affairs and activities of the entire Group, its outcomes, and overall condition. It is the duty of the auditor to present or reflect a true and fair view of the companys activities and affairs. For instance, issue of dividend to the shareholders of the company (Holland Lane, 2012). Nonetheless, the company had come up with many plans and strategies like the assurance of international class standards of safety that can be continuously monitored and the same can be easily implemented at every fresh procured site. In addition to this, such preparedness included installation of fire prevention plans at the acquired sites of Ansell and adoption of a complete audit of health, safety, and the environment by the third parties (Ansell Limited, 2016). In order to ensure complete safety, Ansell can make insurance of its strategic partnerships, intangible assets, plant and machinery, and significant agreements as well. Further, it is the duty of Ansell to acquire intellectual property rights of all its findings and papers so that they cannot be compromised. However, the auditors failed to identify any such material risk in the audit report. As the auditor was incapable of identifying any deficiency, an inappropriate financial statement will be reflected that can play a key role in affecting the decision-making ability of the entire organization (Ruhnke Schmidt, 2014). Ansell takes major steps in assuring health and safety of its workers that includes monitoring of their safety graphs that is conducted by the Risk Committee. The company attained a score of 61% in cultural survey and engagement of 16000 employees that is at par with the international ranking (Ansell Limited, 2016). The auditors have also proved themselves incapable of reporting deficiencies or fatalities in the Thailand manufacturing facility that incurred in May 2016. The company also took steps to assist the families of the dead and it also endeavored to find the main cause of the occurrence of the incident. Due to the high volatility of international markets, the Group is expected to encounter massive variations in foreign exchange rates together with their impact on earnings in US dollars. Moreover, almost half of the expenses of the Group are in currencies instead of US Dollars. The company entirely relies on the quality of the product and it must ensure their investment in quality checks by implementing the best team so that they can continuously monitor and supervise the same. Furthermore, the Group majorly depends upon their setup of Information Technology and any type of failure, ineffectiveness, and disruption of such setup is a major disappointment to the goodwill and overall affairs. The auditor has again proved himself incapable of recognizing the same as a material audit risk in the financial statements of the company. Ansell is an international company that is pursuing enormous diversifications and investments that also includes huge target sales and production figures. This can result in the incapability of the company to react efficiently to all the grave scenarios keeping in thought all the political and cultural affairs taking place in various countries in a timely fashion (Messier, 2013). Since the company is a manufacturing one, it has to encounter enormous arrangement of plant and machinery that are running both on the manual and automatic basis. Further, the company must attempt to maintain an environment equipped with safety strategies because human lives are constantly at risk owing to several unknown reasons (Messier, 2013). This can assist in identifying any casualty so that any loss of life or asset can be immediately prevented. Such risk has also not been recognized in the audit report by the auditors. The Group has employed new directors and experienced highly-qualified personnel who pursues perspective for new investments and procurement that is a good indicator of it (Ansell Limited, 2016). Even though the sources of finance for such investments are not adequately explained by the company, yet such enormous investments must be appropriately backed up by capitalization of markets and aggregate borrowings. Overall, if such matters are not made clear at the time of facilitating such investments, it might become troublesome for the company. Nonetheless, all these concerns and matters must be adequately and effectively addressed by the auditor of the company as relevant or key matters of the audit. These must form part of the companys audit report in order to enable better decision-making (Tepalagul Lin, 2015). The Group has a thorough remuneration policy like LTI, STI, and FAR for its employees that comprise of various incentive and remuneration plans. Such levels are framed to retain, maintain, and attract the best range of employees and to offer them share in the growth of company in the way of stock options and shares. This also comprises of both equity and cash awards (Ansell Limited, 2016). Further, in terms of CSR and HRM, the company also makes way to maintain best standards that can offer the society assistance in terms of pollution control, mitigation of natural disasters, and employment facilities. This involves a huge amount of expenses but the auditor has failed to mention the advantages and disadvantages of such strategy in their audit report. Further, the risk of foreign currency translation has also not been provided in the auditors report, which is believed to be a relevant factor in ascertainment of companys final profits (Moroney Trotman, 2016). It must be noted that the aforesaid factors are of relevant importance to the stakeholders of the company and the same must have been accommodated in the auditors report in the form of key audit matters. Therefore, to address such scenarios of non-disclosure, ASA 701 has been introduced for the audited financial reports that requires disclosure of key audit matters and steps facilitated by auditors to record such issues together with their impact on financial and non-financial segment of the company (Christensen, 2011). Further, the aggregate costing associated with the aforesaid situations and the projections or plans of the company must also be taken into account by the auditor. The reason behind such undertaking can be attributed to the fact that there may be no overstatement or understatement of costs in the financial statements. This risk may result in a material misstatement in the financial statement level, and the auditor must disclose and assess such risks so that misstateme nts can be immediately mitigated (Ghandar Tsahuridu, 2014). Such disclosure must be based on the significant accounting standard ASA 315. Recommendation The audit report must be an exact copy of the non-financial and financial health of the company so that the stakeholders can evaluate the companys exact position. Further, the companys transparency is a significant consideration when it comes to the procedure of financial reporting. Thus, it is crucial for the company that the statutory and internal auditor must possess a sharp mind presence so that every affair corresponds perfectly with the required standards. Overall, a proper guidance of a moral system must be in place so that corporate governance and ethics are properly addressed. Conclusion From the study, it is clear that organization must adhere to the regulations of accounting that need to be implemented. The standards help in the assessment of the influence of every financial matter that is required to be implemented when the financial statements are prepared and can lead to an immense problem for an economy of a country if not managed with a proper clarity. Therefore, it is required that the companies do such reporting that helps the stakeholders to assess the position of the organization. Further, the financial statements should highlight the correct position of the company and hence, it is highly needed that accounting, as well as auditing standards, needs to be followed precisely. The auditor plays a pivotal role in providing a true and fair view of the books of the accounts. In short, the auditor must comply with the auditing standards so that the real position of the organization is reflected. The auditor must understand the potential and scope of work References Ansell Limited 2016, Ansell Limited Annual report accounts. [online] Available at: https://www.ansell.com/-/media/Corporate/MainWebsite/About/Investor-Center/Annual-Report-2016/Annual-Report-to-Shareholders-2016.ashx?la=en Christensen, J., 2011. Good analytical research. European Accounting Review, 20(1), pp. 41-51 Eccles, R.G.. and Krzus, M.P., 2014.The integrated reporting movement: Meaning, momentum, motives, and materiality. John Wiley Sons. Ghandar, A., and Tsahuridu, E., 2013. The Auditing Handbook 2013. Australia: Pearson. Holland, K., and Lane, J., 2012. Perceived auditor independence and audit firm fees. Accounting and Business Research. 42(2), pp. 115-141. Moroney, R., and Trotman, K.T., 2016. Differences in Auditors' Materiality Assessments When Auditing Financial Statements and Sustainability Reports.Contemporary Accounting Research,33(2), pp.551-575. Ruhnke, K., and Schmidt, M., 2014. Misstatements in financial statements: The relationship between inherent and control risk factors and audit adjustments.Auditing: A Journal of Practice Theory,33(4), pp.247-269. Tepalagul, N., and Lin, L., 2015. Auditor Independence and Audit Quality A Literature Review. Journal of Accounting, Auditing Finance, 30(1), pp. 101-121.