Thursday, August 27, 2020

Getting over a Betrayal free essay sample

This tune delivers a sentiment of that despite the fact that lost a friend or family member is a tragic encounter there is nothing an individual can do to change the result of what has occurred. My Immortal† is by all accounts progressively about losing ones own feeling of personality and self-esteem because of the misfortune as well as treachery of a friend or family member than about the real loss of the adored one: These injuries won’t appear to recuperate/This agony is simply excessively genuine/There’s just an excess of that time can't delete (7-9) By the finish of the tune, the overcomer of the story is sincerely depleted and deadened with the dread by the memory of the traitor. The overcomer of the occurrence simply needs those recollections of hurt and disloyalty to leave. This agony is felt in the initial verses of the tune. What's more, on the off chance that you need to leave/I wish that you would simply leave/Your quality despite everything waits here/And it won’t disregard me (3-6). We will compose a custom article test on Getting over a Betrayal or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page The topic of â€Å"My Immortal† is the battle of attempting to dispose of the sentiment of treachery and of blame. The double-crosser has harmed or sold out her such that she can never recuperate from the passionate harm. You used to enrapture me/By your resounding light/Now I’m limited by the existence you abandoned (14-16) For the remainder of the girls’ life, she will be detained by him. She yielded everything for him. Following quite a while of being together, he tosses all that she has accomplished for him back in her face. She realize feels like that she will never be liberated from him Your face it frequents/My once charming dreams (15, 16) The impact of this melody delivers a wide range of feelings. This tune uncovers that on the off chance that one lets a past selling out or misfortunes rule their life, there will never be any harmony for the person. The individual needs to relinquish the hurt, despite the fact that they are feeling that they were separated from everyone else the whole time they were with that one individual. I’ve made a decent attempt to disclose to myself that you’re gone/But however you’re still with me/I’ve been separated from everyone else from the start ( 24-26) It harms being deceived by a friend or family member. The truth that she was in solitude in her affection when he was with her and unexpectedly, since hes left her, she isnt alone: He torments her with the recollections of his selling out (maybe entangled by her certified love for who she thought he was. ) These injuries won’t appear to mend/This torment is simply to genuine/There’s just an excessive amount of that time can't earse (21-23) Works Cited Evanescence.

Saturday, August 22, 2020

Financial Analysis of Nokia Free Essays

Presentation of Nokia Nokia, one of the main brands in cell phones, was begun by a mining engineer, Fredrik Idestam, in 1865 by making paper from wood mash plant; a subsequent paper factory was based on Nokianvirta waterway that brought forth the current name of this organization Nokia. The organization at that point began distinctive business and mergers and afterward at last began mobiles business in 1968. Its administrative center is in Espoo, Finland and right now has very nearly 132,000 workers around the world. We will compose a custom article test on Money related Analysis of Nokia or on the other hand any comparable theme just for you Request Now Its principle items (cell phones, cell phones, versatile PCs, Networks) and administrations (Maps Navigation, media programming arrangements, music, informing) are in the field of Telecommunication, Internet PC programming. Nokia is offering its items to just about 150 nations all inclusive with yearly income of more than 42 billion euro with 2 billion working benefits and worldwide piece of the pie of almost 35% in 2010. ( Nokia did numerous developments and has credit to be the world’s No 1. in huge numbers of its items and administrations for example world’s first convenient NMT vehicle phone (Nordic Mobile Telephone-NMT) worked by Nokia, GSM call, Nokia Tunes, satellite call, welcomes Internet on portable. It presents First 3g Phone, advanced hand compact telephones supporting information, fax and the Short Message Service, incorporated remote payphone, double mode AMPS/TDMA telephone, fast information terminal for remote systems, WAP handset, presented the business first interactive media informing arrangement, first 3GPP agreeable WCDMA/GSM double mode telephone, first TDMA handsets with full-shading shows, portable handset with a 4GB hard plate which can put away to 3000 tracks, Nokia N95 was the world’s first gadget joining GPS and remote broadband (HSDPA/WLAN). From January 2010, top of the line vehicle and person on foot route is accessible for nothing on Nokia cell phones . (Zacks investigate, 2011) One can envision its prosperity and prominence from the way that till 2005, 2 billion mobiles were sold worldwide and Nokia alone sold its billionth telephone in that year. As indicated by Nokia Corporation, ‘Nokia’s story proceeds with 3G, portable multiplayer gaming, sight and sound gadgets and a look to the future†¦Ã¢â‚¬â„¢ ( and â€Å"Nokia’s crucial straightforward; Connecting People. Our vital purpose is to fabricate incredible versatile items. Our main responsibility is to empower billions of individuals wherever to get a greater amount of life’s openings through mobile.† ( As of now, with the creation of many keen android telephones, Nokia is confronting solid rivalry in mobiles advertise as its marketing projections are moving descending. In any case, they are presently making changes in their structure and activities that is delineated by their announcement, â€Å"Nokia has as of late laid out its new vital heading, remembering changes for initiative and operational structure to quicken the company’s speed of execution in a unique serious environment.† ( Basic Discussion of Recent Past Performance †Financial Ratio Analysis Money related investigation helps in setting up a connection between different budgetary statements’ components which would then be able to be contrasted and other data about the business. This likewise decides the future possibilities of the organization and the region that needs improvement. The essential reason for existing is to examine the current monetary position execution of the organization as per which a judgment can be made with respect to future execution of the business. (Dyson. J.R, 2007) Money related investigation from the perspective of a financial specialist is generally worried about the gainfulness of the organization and furthermore the profits what the organization pay to their investors as profits as well as right offers and increment in the stock worth. (CIMA, 2000) One needs to look cautiously to the yearly records of the organization and the yearly development pattern as far as incomes, benefit and its piece of the pie. For the examination reason, merged records of Nokia for example Salary Statement, Balance Sheet, Cash Flow Statement throughout the previous four years from 2007 to 2010 is considered and theories figures acquired from the company’s site are given beneath: United Income Statement of Nokia for the Year Ended (EURm) 2007 2008 2009 2010 Net Sales/Revenues51,058 50,710 40,984 42,446 Cost of Sales33,781 33,337 27,720 29,629 Net Profit 17,277 17,373 13,264 12,817 Res Dev5,6365,9685,909 5,288 Sell Ad Exp 5,5445,6645,0784,529 Other Inc2,312 420338 507 Other Exp424 1,195 51056 Operation Profit7,9854,9661,1972,070 Benefit Bef Tax 8,2684,970 962 1,786 Tax1,5221,081 702 443 Net Profit 6,7463,889 260 1,343 ( From this pay proclamation, it is seen that Sales are having a diminishing pattern from 2007 to 2009 yet shows a somewhat increment in 2010 and cost of deals, working benefit, income per share and the net benefit has additionally similar patterns. It implies that productivity of Nokia was vastly improved in 2007 that is 6.7 billion euro when contrasted with 260 million euro in 2009, however it again gives indications of progress in 2010 and net benefit become 1.3 billion euro. Solidified Balance Sheet of Nokia for the Year Ended (EURm) 2007 2008 2009 2010 Resources Money Eqv 11,992 7,8549,20212,653 A/Rec 11,356 9,5457,9957,609 Stock 2,8762,5331,8652,523 Other C/A 3,0704,4444,5514,360 Tot C/A 29,294 24,470 23,613 27,145 Plant PE 1,7581,9851,8221,856 Goodwill1,3846,2575,1715,723 Tot Assets 37,599 39,582 35,738 39,123 Liabilities A/Pay 7,0745,2254,9506,101 Tot C/L 18,976 20,355 15,188 17,540 Oth/L 1,2852,7175,8015,352 Tot/Liab 20,261 23,072 20,989 22,892 Value 17,338 16,510 14,749 16,231 Tot Lib Eq 37,599 39,582 35,738 39,123 ( The monetary record gives a plan to financial specialist that how much business is contributed by the shareholder’s value and how much obligation is owed. (Dyson. J.R, 2007) It is delineated from these accounting reports of Nokia that roughly 45% business is financed by the value in 2007 however for the following three years this figure is decreased to around 41%. This shows organization owes more in 2010 when contrasted with 2007 and its money related position was vastly improved in 2007 contrasted and 2010. Combined Cash Flow Statements of Nokia for the Year Ended (EURm) 2007 2008 2009 2010 Total compensation 6,7463,889 260 1,343 Devaluation 1,2061,6171,7841,771 Money from Op Act7,8823,1973,2474,774 Money from Invest - 710-2,905 - 2,148 - 2,421 Money from Finance-3,832 - 1,545 - 696 - 911 Net Change in Cash 3,325-1,302378 1,666 ( The examination of Cash stream explanation gives genuine data about benefit of an organization as it depends on genuine money exchanges. Pay explanation can at some point misdirect due to deficient incomes figures appearing on the announcement. Financial specialists are generally inspired by income proclamations before settling on choice to have an away from of the company’s money exchanges. The company’s with a lot of money accessibility for the most part have less issues for extensions or ventures for development, taking care of obligations or to repurchase their own stocks. This income articulation shows that Nokia has great situation as respect to the income during the year 2007, however it comes to negative figure in 2008 due to misfortunes from ventures and funds, yet it recuperates again in 2009 and gains great ground in 2010. It by and large shows that in spite of the fact that Nokia made some hard memories in 2008 yet it got again in the resulting years. Monetary Ratios Some monetary proportions are determined as respect to benefit, resource turnover, present moment and long haul liquidity proportions dependent on the figures delineated in the Income Statement and accounting reports given above for a long time from 2007 to 2010. These proportions and their clarifications are given as under: Productivity Ratios: Net Profit Margin 33.84%34.26%32.36%30.20% Operation Profit Margin 16.19%9.80% 2.34% 4.21% Net Profit Margin 13.24%7.63% 0.63% 3.21% Productivity proportions contrast segments of pay and deals and give a thought of what makes a business’s pay and is communicated as a part of every deal unit for example euro in the event of Nokia. These overall revenue proportions are diverse just as far as numerators and reflect and assess execution of various parts of the organization. These all productivity proportions disclose the Nokia’s capacity to create the income and inclusion of its costs and different expenses for a similar period (Dyson. J.R, 2007) For Nokia, we see that Gross overall revenue (Gross Profit/Sales) remains practically equivalent (30.2% to 34.2%) for the four years in perception, yet the working benefit and net revenue shows an extraordinary vacillations ( 2.3% to 16.1% if there should be an occurrence of operation benefit and 0.6% to 13.2% for net benefit). This implies Nokia has additionally working costs for example selling, promoting, RD and organization costs. Also, on the off chance that we see vertically, in year 2007, the distinction between Gross benefit and net benefit is less (33.84%-13.24%= 20.6%) when contrasted with ensuing years for example in year 2009, the thing that matters is 32.63%-0.63%= 31.73; this shows in this year there is all the more working costs. In any case, this circumstance improves a little in 2010 and net benefit turns out to be again 3.21%. Bring Ratios back: Profit for Assets17.94%9.82% 1.00% 3.90% Profit for Capital 54.8% 27.2% 6.7% 7.02% Profit for Equity 53.9% 27.5% 6.5% 8.67% Return proportions are likewise significant productivity proportions. These measures the proficiency with which a business utilized its advantages, capital and value revenue driven age for example measure of benefit comparable to venture of complete resources. For Nokia, these proportions show that advantages are utilized all the more proficiently in the year 2007 and afterward it has a diminishing pattern till 2009 and shows a superior situation for 2010 when contrasted with 2009. Action Ratios: Tot Asset TO 1.4x 1.3ãâ€"1.1ãâ€"1.1x Fix Asst TO 29.0ãâ€"25.5x

Friday, August 21, 2020

How Time Tracking Software Can Benefit Your Business

How Time Tracking Software Can Benefit Your Business Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!How Time Tracking Software Can Benefit Your BusinessUpdated On 10/09/2019Author : Ram kumarTopic : BusinessShort URL : CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogVirtually every type of business can benefit significantly from using time tracking software regardless of size and industry. This type of software is undeniably worth the small costs involved as timesheet errors are no longer a significant factor. Not only is the extremely innovative software quite simple to use, but the benefits associated with your business will surely prove crucial for the growth of your business. If you are undecided on whether or not you should make the switch for your business, here are just some of the many benefits that time tracking software will be able to provide your business.Increase Employee ProductivityOne of the most significant benefits of this software is increa sed employee productivity as the software will ensure projects and task monitoring happens in real-time. While your staff is often able to manage their schedules better, management is able to make use of the time tracking software to monitor each employee. Your team will be far more focused and you will be able to have a better visual of how your business is functioning. With innovative features and functions, these apps are often available to use on mobile smartphones which greatly enhances your convenience.Reduced ExpensesBusiness owners are always on the hunt for effective methods of drastically cutting company costs to increase profits, which is another top-rated reason this software has become increasingly popular. The software will enable you to gain a clear insight into the workings of your company which will, in turn, help you better locate issues that need to be addressed. As small problems would otherwise go unnoticed, time tracking software will effectively encourage busi nesses to reduce costs where possible. The significant reduction in administrative costs will prove g hugely beneficial for any size business in any industry.READWhy Your Business Needs a Better Way to PrototypeLess Unplanned AbsenceYour employees will be able to view their time off, which means that they will likely find it easier to plan their personal schedules accordingly. Once you have invested in the software, you will most probably notice a significant decline in unplanned employee absence which will have a positive impact on employee productivity at the same time.Simplify PayrollCalculating hours worked for each employee correctly can be daunting for any payroll department. With this innovative software, this task will no longer be a hassle. Your employees will always receive accurate pay. The reduction in payroll errors will not just benefit your business as your employees will greatly appreciate the accuracy and timely manner of payments.Report FeatureWhen selecting a time tracking software, it is crucial to opt for one that offers a report feature that will enable you to quickly generate in-depth reports which can be used to advance the functions of your workforce. These reports can be used to gain insight into your teams productivity, hours worked, each company expense, invoicing, and much more. The mere fact that technology will handle various aspects of managing your business and your employees, you will be able to direct your focus back into growing your business.

Monday, May 25, 2020

Choose, Chose, and Chosen How to Choose the Right Word

Choose is an irregular verb, with chose as the past form and chosen as the past participle form. The terms are like other irregular verbs that follow a similar pattern, such as break, broke, broken;  steal, stole, stolen; freeze, froze, frozen;  and  speak, spoke, spoken. Understanding when to use choose, chose, and chosen requires knowing how the terms work grammatically. How to Use Choose, Chose, and Chosen The verb choose (which rhymes with news) means to select or decide on something from two or more possibilities. (Dont confuse the  noun  choice  with the  verb  choose.) The simple past form of choose is chose (which rhymes with nose).   The past participle form of choose is chosen (which rhymes with frozen). A helping verb (such as has, have, or had) usually comes before the past participle form chosen. The present participle form of choose is choosing (which rhymes with losing). Examples Seeing how the different forms of the verb are used in context in common language can help clarify when and how to use each. You can use choose, the present tense of the verb, to mean select, as in: You can choose any course in life that your heart desires.Please hurry up and just choose one candy apple. Or you can use the past tense of the verb, chose, again to indicate that someone selected something, for example: She took some time, but she chose a beautiful dress for the church service. Or use the past participle, chosen, such as: She has chosen a simple path in life; she never wanted to stand out or ask for too much. Note how the past participle requires the use of the helping, or auxiliary, verb has preceding it. An auxiliary verb is a verb that determines the  mood,  tense,  voice,  or  aspect  of another verb (in this case chosen) or a verb phrase. You can also use the three words in the same sentence, as in: Last week I chose  all my classes for next semester, but I havent yet chosen a major as its so hard to choose. How to Remember the Difference Tell yourself that choose has chosen to add an o. This mnemonic device also reminds you that chosen, as the past participle, must be preceded by an auxiliary verb. You can extend this device by noting, I choose blue for the present tense, but I chose a rose in the past. Practice Try this brief practice exercise to test your knowledge of choose, chose, and chosen. The greatest weapon against stress is our ability to _____ one thought over another. (Attributed to William James)Youll be introduced to the stylist  and shown racks and racks of clothes. Shes been given your sizes ahead of time and has ____ to ignore them.  (Tina Fey, Bossypants)Last year, she _____ to ignore me, but now I have _____ to ignore her. Answers The greatest weapon against stress is our ability to  choose  one thought over another.Youll be introduced to the stylist  and shown racks and racks of clothes. Shes been given your sizes ahead of time and has  chosen  to ignore them.Last year, she  chose  to ignore me, but now I have  chosen  to ignore her. Sources Choose. Mnemonic Devices Memory Tools.â€Å"Choose vs. Chose: Whats the Difference?†Ã‚  Writing Explained, 27 Sept. 2016.â€Å"Guide to the Scriptures: Choose, Chose, Chosen (verb).†Ã‚  Doctrine and Covenants 8,

Thursday, May 14, 2020

The 7 Habits Of Highly Effective People by Stephen R....

Stephen R. Covey, the author of â€Å"The 7 Habits of Highly Effective People,† is empowering readers with problem solving tools needed to overcome the routine to the extreme situations of personal and workplace environments. Covey explains simply that you don’t have to be a genius to apply these principles of 7 habits, but you will have to possess balanced dimensions of nature: physical, spiritual, mental, and social/emotional. The ideas explained by Covey start by using the principles of natural laws and using these laws such as fairness, integrity, and honesty to increase your â€Å"circle of influence† which builds off of your proactive energy. This energy depends mainly upon your physical dimension; therefore, if you are having trouble with†¦show more content†¦The author’s idea of thinking win/win moves your development to thinking of others as well as yourself. This school of thought requires a good social/emotional dimension to recognize the needs of others as well as your own. When you have a concrete win/win or no deal mentality all will benefit or there will be no activity. By having a win/win situation you leave the door of relations to be opened on a later day, and you will decrease the chance of a withdrawal by yourself or others. By first seeking to understand a situation, you will be better prepared for the actions you should take. This understanding will need a good social/emotional dimension. If you try and resolve something before fully diagnosing the situation, you may fix a problem that is not in need of fixing. In order to understand a problem you must be attentive to every detail, and you must be sure to not snap to a quick fix. Understanding that all people are different, and using these differences to build strengths and compensate for weaknesses is the essence of synergy. Everyone has strong points as well as weak points. Combining the differences of several individual’s traits can be used to create one individual objective. Figuring out where to put each strength or weakness will require a good social/emotional dimension. By using others’ various strong points you will be able to out-weighShow MoreRelatedThe 7 Habits Of Highly Effective People By Stephen R Covey772 Words   |  4 Pagesâ€Å"The 7 Habits of Highly Effective People†, Stephen R Covey writes about the seven habits that can change your life forever. As the title suggest, he does this by providing the reader with easy to remember statement that when explained, have a very deep meaning behind them. The Habit that this paper is going to focus on is habit 2. The paper will analyses this habit by explaining what it means, ex amples of people who lived with this mindset, what the authors personal experience is. In Stephen R CoveyRead More The 7 Habits of Highly Effective People, by Stephen R. Covey612 Words   |  3 Pages In the self-improvement book, The 7 Habits of Highly Effective People, author Stephen R. Covey presents an integrated and principle-centered approach for solving personal and professional issues and problems. Covey uses real life examples as well as his own experience to reveal a step-by-step way for living with integrity, honesty, and self-respect. In the book he explains principles that give someone the comfort to adapt to change and the wisdom to take control and full advantage of the opportunitiesRead More7 Habits Of Highly Effective People By Stephen R. Covey1419 Words   |  6 PagesIn the book, â€Å"7 Habits of Highly Effective People† by Stephen R. Covey he explains how the world is entirely based on our own perception. In order to change a situation, we must change ourselves, and in order to change ourselves we have to change our perception. These days , individuals look for quick solutions. They see successful people, companies, and organizations that have achieved success and wonder how they can get a hold of their techniques. The problem is these shortcuts that we all lookRead MoreAnalysis of Stephan R. Covey ´s The 8th Habit: From Effectiveness to Greatness1084 Words   |  5 PagesStephen R. Covey first wrote the self-help book entitled, The 7 Habits of Highly Effective People, this book has since opened the eyes and hearts to millions of people throughout the world. After discovering the success that so many individuals encountered and still encountering, Dr. Covey decided to write the sequel entitled, The 8th Habit: From Effectiveness to Greatness. This habit is explained as, â€Å"Finding your voice, your calling, your soul’s code and inspire others to do the same.† What doesRead More7 Habits by Stephen R. Covey1003 Words   |  5 PagesStephen R. Covey book is titled â€Å"The 7 habits of highly effect ive people† helps to develop individuals’ personality in relation with others. The author takes us on the journey thru becoming proactive. Than we learn to realize where are we going with our life. The next step is to set priorities in our life. What things are important and what things can wait. We also learn how to achieve compromise that is satisfactory to all parties involved in daily activities. The author teaches us how to practiceRead MoreIn One’S Life Everyone Wants To Become A Leader In At Least1543 Words   |  7 PagesDowning and The 7 Habits of Highly Effective People by Stephen Covey they continue to stress using effective communication and learning so you can become a leader in your home, workplace, and community. They have many ideas on how to help you with concept, but there are four specific ideas that I believe effect this leadership concept the most. I do believe that the most effective way to help become a leader in On Course by Skip Downin g and The 7 Habits of Highly Effective People is self esteemRead MoreThe 7 Habits Of Highly Effective People1239 Words   |  5 PagesAfter reading both Stephen R. Covey’s book â€Å"The 7 Habits of Highly Effective People† and John C Maxwell’s book â€Å"The 21 Indispensable Qualities of a Leader† I can say both of them presented very effective reading tools that shows you ways to improve your overall daily life. The way Stephen Covey accomplished this was by proving us, which is in the title itself, the seven habits which are based on principles. After you learn and develop these principles, they bring long term benefits just like JohnRead MoreThe 7 Habits of Highly Effective People, authored by Steven Covey Book report in APA format1160 Words   |  5 PagesThe 7 Habits of Highly Effective People Stephen Covey authored the book, The 7 Habits of Highly Effective People, to offer his expert, professional, and personal insight of seven habits, or traits, exhibited by effective people. While outlining the seven habits, he emphasizes that each previous habit is the building block for the next. He also shows how all the habits are tied together to effectively transition through the growth stages of dependence to independence to interdependence to becomeRead MoreJournal Entries for habit1732 Words   |  7 PagesJournal Entries for habit one and two Habit 1: Be Proactive According to Stephen Covey, being proactive is part of human nature and humans are responsible for their own lives. He indicated the details of a social map which consist of Genetic determinism (Ancestors), Psychic determinism (Parents) and Environment determinism (Boss or something in the environment). The proactive concept was explained further using the Stimulus and Response relationship and the catalyst story of Viltor Frankl. BetweenRead MoreThe 7 Habits Of Highly Effective People Essay1221 Words   |  5 PagesThe 7 Habits of Highly Effective People Summary The 7 Habits of Highly Effective People is a best selling book by Stephen R. Covey. The book has become a management tool for many companies. Covey wrote the book after reviewing literature on success from the last two centuries. Covey discovered that as he reviewed the literature on success, that the most current literature was based mainly on success based on having the â€Å"right† personality traits. Covey calls this the â€Å"Personality Ethic†. The

Wednesday, May 6, 2020

Christmas Concert Review - 544 Words

General reaction: The concert I attended was SPX Magic of Christmas, performed by the Charlotte Symphony orchestra and conducted by Albert-George Schram. This was the first professional orchestra concert I have attended, and the first since I was a student at UNC Greensboro. As I walked the streets of downtown Charlotte, with the wind peppering my face and small beads of rain being tossed through the air, I felt a sensation that Christmas was closer than two weeks away. I felt like Christmas was inside the symphony hall, and I made my way up the steps of the Blumenthal Performing Arts Center into the Belk Theater, I was greeted by the warm sounds of brass, wind, and percussion. I was astounded by the sounds and the visual aspects of the performance. Caroline Calouche and Company performed on aerial silks and trapeze, and it really enhanced the performance, giving it a broader appeal. Composition I liked best: The piece I enjoyed the most was Highland Cathedral by Ulrich Roever Michael Korb (spelled Korts in the program), arrangement by Kuzma and Mills. The melody was composed in 1982 for a Highland games held in Germany. It was performed in concert by the Loch Norman Pipe Band Trio, and accompanied by the Charlotte Symphony Orchestra. The piece is similar to the gospel standard Amazing Grace, as the scales and key are similar. Though I found it peculiar to hear bagpipes performed at a Christmas concert, I was absolutely blown away by the combination of the bagpipesShow MoreRelatedI Attended Wheaton s Christmas Festival830 Words   |  4 PagesFor this extra credit concert review, I attended Wheaton’s Christmas Festival. I was going anyway and thought I would write a review for it to get some kind of credit. There was a lot performed during this concert and it is not possible to discuss everything in detail so I will discuss the overall atmosphere and som e of the specific performances that I particularly enjoyed. The concert started with Claire Holly singing Once in a Royal David’s City composed by Henry J. Gauntlett in 1849 (Hawn andRead MoreThe Mariah Carey Christmas Special 2014898 Words   |  4 PagesThe concert that I have selected for my review is the Mariah Carey Christmas special 2014. The concert took place on December 16 at the beacon theater in New York City and it lasted for approximately an hour. The concert opened with a performance by a ballerina with classical music. Then followed by the entrance of Mariah Carey, who was at the center of the stage. The visual of the concert I have to say personally was amazing and impressive, it had a big Christmas tree in the back and backgroundRead MoreMusic And Music : Carol Of The Bells1699 Words   |  7 PagesThis concert was a series of performances by the Limestone College and Community Chorus, as well as a couple of performances by the Limestone College Vocal Ensem ble. This is a review of the first half of the concert, which featured performances from the Limestone College and Community Chorus. Carol of the Bells (Ukrainian Carol) by Mykolo Leontovich (1877-1921) Carol of the Bells is a Christmas carol with a unique history. The beginning of what would eventually be popularized as a Christmas carolRead MoreNis Newsletter Jan. 7, 2013707 Words   |  3 PagesINTERNATIONAL SCHOOL WEEKLY NEWSLETTER FROM THE HEADMASTER Special thanks to our parents, students, and staff for the many activities enjoyed before Christmas, including the Christmas Concert, EYElementary Christmas Party, and Middle-High School Christmas Party. In addition, our Student Council and Community Service Club organized a Christmas Party for the students of the Sitio-Monicayo School (where our students have been volunteering since November). All of these activities provide opportunitiesRead MoreBest Practice Category 3 : Joint Performance1390 Words   |  6 Pagesother hand, millennials are born in a world of technology. They have various ways to get musical resources, such as from YouTube, Facebook, iTunes, etc. Thus, this group would like to stay at home rather than attend a concert. In order to motivate and convince people to attend a concert, joint performance might be an innovative pattern to cater for and gain more audience. Compared with the regular performances of music series showed by most of the orchestras, joint performance means that the orchestraRead MoreBrian Stokes Mitchell987 Words   |  4 PagesJune 5, 2005 Mitchell appeared in Rodgers and Hammerstein concert version of South Pacific at Carnegie Hall. Mitchell has been nominated for 4 Tonies and won 1. He was nominated for Best Actor in a Musical for Man of La Mancha, Best Actor in a Play for King Hedley II, Best Actor in a Musical for Kiss Me Kate, and Ragtime. He released a solo CD on June 6, 2006. In 2011 Mitchell came back to Broadway after a 7 years absence do to concerts and film appearances. At Encores he has starred in â€Å"Do, ReRead MoreEssay on The Nutcracker: a Concert Review883 Words   |  4 PagesConcert Review: The Richmond Symphony Orchestra featuring The Richmond Ballet Amber Hisaw Regent University – Music 101 On the evening of Sunday, December 16, 2012, I had the pleasure of attending a concert I’d wanted to see for quite a while. I was delighted to attend Tchaikovsky’s The Nutcracker, performed by the Richmond Symphony Orchestra and the Richmond Ballet. The performance took place at Carpenter Theatre in Richmond Virginia. As I entered I felt a bit out of place. I’d never attendedRead MoreThe At The Busse Woods Dam1268 Words   |  6 Pagessurrounding areas and through DuPage County. Some other reports were made about the O’Hare noise problem and successful events the past month including a dare graduation, lighting of the Christmas tree celebration, student visitors at Village Hall from Admiral Bird school, and the announcement of their summer concert series. The main report was given in response to community unrest about a decision the Park District made. The Mayor made a point to explain what a duly elected board is, that it is electedRead MorePersonal Fina nce Smart Goals766 Words   |  4 Pageswhere the money saved weekly is coming from and where it’s going. For a week on average your income is ninety one dollars. This money comes from a job, chores, babysitting, birthday, and Christmas money. Your average spending per week is sixty two dollars. Your money is being spent on gas, lunch, clothes, and concert tickets. The difference between the two is twenty nine dollars left over each week, which is more than enough to save for a new pair of Nike sneakers. Step 3: Create a Plan Step 3 isRead MoreEssay on Justin Biebers Unique Rise to Fame934 Words   |  4 Pageshave disadvantaged the police’s crowd control efforts. Similarly, Scooter Braun was charged with reckless endangerment and criminal nuisance in relation to the event. At the Christmas in Washington event, Justin Bieber performed for the U.S. President, Barack Obama and his wife, Michelle Obama. He sang ‘Someday at Christmas’, by Stevie Wonder. A few weeks following this event, Justin Bieber was one of the guests on Dick Clark’s New Year’s Rockin’ Eve with Ryan Secrest. Bieber was also chosen to

Tuesday, May 5, 2020

Audit Engagement Planning

Question: Discuss about the Audit Engagement Planning. Answer: 1. The steps that need to be considered before doing an audit is accepting the engagement of audit, planning the audit, performance the audit tests and reporting the findings. The auditor should consider the revenue, net book value, assets, liabilities, expense and other items of the financial statements. The documents should be arranged and evaluated such as previous reports of audit, ledger, receipts and bank statements. In order to plan for the audit, it is important to determine the information the contained in the documents and then planning how the audit should be conducted (Abbott, Parker and Peters, 2010). The auditor can gather information from an open meeting and then finalizing the audit plan. The tests of the auditors should comply with the accounting processes and procedures and internal control will help to evaluate that the procedure is adequate and appropriate. The auditor should consider the details of the findings of audit and the report includes posting issues, pay ments, mathematical errors and other concerns of audit. The auditor should evaluate the audit risks and assessing the performance of the audit. The processes of audit are similar for engagements and consist of four stages: planning, field work, audit report and the follow up review. The key objectives of audit process to minimize time and avoiding the disruption of ongoing activities (Buys, 2014). The revenue of the company shows $30 billion that ought to be comprised by the auditor in their financial statements, net present value of the property, plant and equipment is around $16.5 billion of AUD and other $ 5 billion AUD that would be desired in excess of after that seven years. All the values of items should be considered into the financial reports. The auditors should gather information on the processes, evaluating the existing controls and planning the remaining steps of audit. The auditors should gather the information and data in order to acquire the general review of the ope rations (Catty, 2012). The audit program will help to achieve the objectives of audit. The auditors play an important role in the preparation of the audit reports in the given fiscal year. 2. The inherent risk is the material misstatement risk in the financial statements that arises due to the omission and errors as the result of the factor other than failure of the controls. It is considered to be to be the higher where high degree of estimation and judgment is involved and where the transactions of the organization are complex highly. The control risks are risk of the material misstatement that arises in the financial statements due to the failure or absence of the control of the organization. Therefore, it is important for the organization to have internal controls in order to detect and prevent error or fraud (Chorafas, 2006). The control risks are high where an audit firm does have an adequate internal control in order to detect and prevent errors and fraud in the financial statements. The assessment of the control risk can be higher if a small organization in which the segregation of the duties are not define and financial statements that are prepared by an audit or who do not have adequate knowledge of finance and accounting. The detection risks are the risk that an auditor fails to detect the material misstatements in the financial statements. Therefore, it is important for the auditors to detect and prevent the material misstatements in financial statements of the company due to the error or fraud. The omission or misapplication of audit procedures can result in the material misstatement that remain undetected by auditors. The detection of risk is present sometimes dues to the limitation of audit (Henriques and Richardson, 2004). The detection of risks can be reduced or controlled by the auditors by increasing the sampled number of transactions for the detailed testing. The inherent risks of KGC limited in the PNG are around 80% and detection risk and control risk is around 50% and 10%. Therefore, the audit firm can accept the role of doing the audit of KGC limited in the PNG. The audit risk model can be used by auditors in order to manag e the risk of the audit engagement. The auditors should examine the control and inherent risks in order to reduce the risk of audit (Horngren and Harrison, 2007). The implementation of strategies will help to detect risk and control the risks within the organization. 3. The auditors should prepare the plan after selection of junior and senior staff allocating the tasks to them. The auditor includes all the procedure in the written form, the objectives of each department and the directions that to be given to staffs that helps to control the work and implementing programs into actions (Kessler, 2013). The audit program refers to detailed plan of work that includes the work time and procedure to do the work. The audit program includes the following procedures: The audit program shows the procedures of audit The audit program measures the time to complete the task of audit The staff members prepare the audit program on the basis of the nature of the business The general accepted points are to be included in audit program The audit program helps to control and guide the junior staffs. The points that should be included in the audit program are as follows: Detailed information of the works like cash/bank book, sales book, purchase book etc. The auditors prepares the audit programs considering the nature of the client The list of the assigned work should be prepared by auditor The audit program must fix the period of time in order to complete the tasks The assistant must sign after completion of job The items that are mentioned above are as follows:- The revenues seem to be $30 billion AUD and the other $5 billion AUD for the next seven years for the purpose of the creation of the ore preserves. The NBV cost of the PPE is the $16.5 billion AUD and the other $5 billion AUD is required for the creation of h values for the next seven years. There lay no prospects regarding the supplementary funds of the ores and thus it also helps in the creation of the current license. Thus it also helps in expiring the PNG government in order to expire the mines in the regions for the various eight years (Kortleve, Nijman and Ponds, 2006). The KGC limited consists of the full time employees of about 3,400 full time employees that seem to be very much exciting in nature and thus it also facilitates the PNG citizens to be employed and also can create their residents in the star mountains. The labor participation range is seemed to be 32 % and the unemployment rate is seemed to be 45% and thus the labor participation is not interested in the field of the working in the process of the mining of the ores. The KGC carries out the PNG operations with dealing with the land owners of the area and thus it is able to establish the mining operations which seem to be paid $4 billion for the royal ties and thus the operations can be carried with the proper establishment of the graded schools, hospitals, water processing plants and the health design centers in the mountains (Larrn Jorge, Andrades Pea and Muriel de los Reyes, 2015). 4. The fair market cost of the PPE should be presented in the financial statements. The auditor should estimate the fair value of the assets on the basis of amount received from the sale of the assets in the transaction amid the market participants at amount date. Therefore, to measure the fair value of PPE an auditor should take into account the main characteristics of liability or assets and assuming that the assets is exchanged in the transaction at measurement under the market condition (Lehane, Fabiani and Guttentag, 2012). The auditor should use the valuation techniques and methods in order to measure the fair value of PPE. The main concern is to evaluate the fair market value of the assets. The financial statements should includes the liabilities and assets that to be measured at fair value on non recurring or recurring basis in financial position statement subsequent to the preliminary gratitude, the inputs and the estimation techniques that should be used. 5. The future that can be focused is the environmental aspects that are created for the determination of the aspects for the proper creation of the settings in the star mountains and thus due to the ore mining process, all the sludge with the proper processing and pipe lined to the sea water. Due to this the creation of the pollution takes place and hence, due to this the health issues arise (Ma, Masters and Mancinelli, 2015). The water gets contaminated and environmental groups of Australia have concluded that the sludge is polluting the waters and hence the waters are also getting contaminated. This leads to the several health issues. Thus the future prospects determine the issues and also the company KGC limited ties to mitigate the issues for the future safety creation and the proper development of the safety in the environment. The future prospects also enhances the future safety and the enhancement that helps the company KGC limited to develop and also helps in the creation of the more values in the market. The employment increment also determines the increment of the production processing of the ores for the creation of the increment of the product and thus it also enhances the events and the circumstances that can be enhanced for the future prospects of life line of the company KGC limited (Machado, 2014). The costs are also decided for the remediating of the sludge spills and thus, it also helps in the creation of the safety environment with the proper processing of the operations for KGC limited. 6. The triple bottom line theory can be described as the reporting system that is utilized by Karrick Gold and Copper Limited. This is a business accounting strategy that is implemented in order to promote the information which is to be provided to the stockholders of the company. The triple bottom line is a theory that is dissimilar from the traditional accounting systems. With the triple bottom line theory, the influence of the organization on the surroundings is determined. There are primarily three principles of triple bottom theory (Masters-Stout, Costigan and Lovata, 2008). These are individuals, plant and benefit. This can be explained as the intentional push to financial, ecological and social contemplation in the organizations assessment and fundamental leadership form. This type of reporting assists in building up a standard buy that a firm needs to work to focus on the average effect of their activities in case of both positive and negative sense inside the company (McCamb ridge, 2015). The KGC Ltds triple bottom procession concentrates on the interest of the societal and the ecological contention among the group of companies. At the time of resuming data on KGC Ltd Company influence an issue that is impacting the supportability. There will probabilities of the development of both positive and negative matters. The reporting of triple bottom line is consolidated signifying the fact that the business is continuing in best ways beside the range of requirement is altered. Reporting the specific lines illustrate a drive towards extended and straight forwardness which can be medium by models of shrouded information. Because Karrick Gold and Copper is applying triple bottom line theory that is includes extra reporting, the organization needs to mingle excess data in the reports which are better presented to the partners (McKee, Garner and McKee, 2002). The specific data should necessarily be reassessed repeatedly in the attempt to assure the fact that the e xtra representative needs to have extra binding techniques after taking the end goal into consideration. 7. KGC Ltd is hoping to raise fun of $ 5 billion AUD by issuing share, which help the company to minimizing the risks of investment as the company want to share its obligation among the shareholder of the company and for this the company is agreed to share the profit of the company also among the shareholders (Metrejean and Noland, 2011). In order to raise fund from the investors and shareholders the management of the KGC Ltd specified that the companys PNG operation is the key asset of the company as well as the management described that the operation in PNG is very low risk and the company permanently will do the business operation over there in PNG. Now it can be observed that the operation of PNG is really a low cost profitable operation as there are plenty of human resources available there in much lower remuneration and human resources is the key aspects of the business operation (Milburn, 2008). Moreover, the skilled workforce with lower remuneration provide additional benefit s to the company, which lowering the costing of the operation and improve the profitability of the company thus ensure better return to the investors and shareholders of the company. The PNG operation is the key operation of the company (Raiborn and Watson, 2003). Moreover, from the operation the company earn substantial amount of money and the share of the company is lucrative for the investors and shareholders. However, it is also seen that the political condition of the PNG is not stable which is most essential for doing business operation as the unstable political situation of a country can hamper the busters operation within the country (Stittle and Wearing, 2008). Besides this, it is also observed that the operation al activities of the KGC in PNG is doubtful as there are several environmental and social organization claim that the business organization is performing their business activities in most irresponsible way and raise protest against the company because it is observe d that in a modern fall down of a tailings pool deserted 5 million liters of ore-waste slush into a river from which two neighboring villages draw their consumption water, fish, hunt, harvest lotus root and water their taro root, yam and cassava crops (Smith, 2011). Generally the ore waste of the company use to be flushed into the ocean and for this several environmentalist protest against KGC that the company spoils the environmental balance and doing irresponsible activities in order to perform business activities. All these are goes against the company and the company is in a fuss, moreover, the company states that the PNG is their key asset however, after eight years the contract of extracting ore from the PNG mining will be expired and PNG cannot find any other option and its ore storage is also limited also will end in next seven years thus in this context investing in the share of KGC will not be a wise option and it has several risk thus investors should not invest in the sh are of KGC (Smith, 2011). References Abbott, L., Parker, S. and Peters, G. (2010). Serving Two Masters: The Association between Audit Committee Internal Audit Oversight and Internal Audit Activities.Accounting Horizons, 24(1), pp.1-24. Buys, L. 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