Internal Auditing And External Auditing Industry Essay

In the last decade, the world of business has been subjected to significant changes. Globalization has given a new meaning to the way in which business is now conducted; i.e. business in a world devoid of geographical boundaries or time zones. Global expansion has also given rise to many emerging firms and laid the foundations for fierce competition amongst existing industries. Internal auditing is no exception. In order not to face complacency or obsolescence, the internal auditing industry has to be proactive and adapt to changing market trends. Indeed, the possibilities available to internal auditing in our current global economic climate are limitless. Nevertheless, for the auditing industry to remain successful in today’s fast- paced world, it has exploit every resource and turn it into a profitable venture. For instance, one of the driving forces of globalization is the increased use of technology in all kinds of business and trade activities. E-business is one of the most common and elaborate business solutions for a variety of firms, ranging from architecture to retailing, amongst others. Many organizations are sometimes reluctant to using technology to expand business since they may be struggling to keep up with the accelerated pace of operations. Thus, it is an opportunity for internal auditors to step in and guide them as they explore other business horizons. What is required for the audit industry to thrive in such an environment is a pool of employees areShow MoreRelatedImportance of External Auditors1110 W ords   |  5 Pagesfunction of external auditors in order to analyze why it is important to be independent. The primary mission of external auditors is to review and evaluate all the financial records of a company or corporation. They provide an objective opinion on the organization’s financial statement and effectiveness of the accounting polices in order to help management to make decisions. If the independence of the external auditors is impaired, the public will doubt the quality of professional auditing servicesRead MoreMemo On Program Evaluation Of Internal Auditing System1060 Words   |  5 PagesFROM: Pratusha kudumula DATE: feb3, 2016. SUBJECT: Memo on program evaluation of internal auditing system in Pharmaceutical industry. OBJECTIVES: The main objectives of this memo is to discuss the purpose, determine the conformity or non-conformity of the quality system in meeting the specified requirements to clients, and how the internal auditing system in Pharmaceutical industry works. Conducting internal auditing of operations are key elements of a good quality system. Conducting audits is a meansRead MoreAuditing And The Growing Use Of Financial Software1114 Words   |  5 PagesAUDITING AND THE GROWING USE OF FINANCIAL SOFTWARE Terms of reference The report is a part of an assessment for the auditing unit; the intended audience is the lecturer Mr Ade Otukoya. The report is written after a presentation done in class to reflect on your understanding and how to improve after getting your feedback. Table of contents †¢ Introduction (what is auditing) †¢ Auditing definitions †¢ Purpose of auditing †¢ An overview of framework for audit assignment †¢ Auditing terms and definitionsRead MoreInternal And External Auditing Audit Essay1554 Words   |  7 Pagesthat ensure the accuracy of financial statements. Although internal and external auditors play different roles with an organization, they must follow auditing standards and procedures to detect fraud. In 1941, The Institute of Internal Auditors (IIA) was founded to provide guidance to internal auditors (Whittington Pany, 2014). â€Å"With over 170,000† international members, â€Å"the IIA has paralleled the recognition of internal auditing as an essential control function in all types of† businessesRead MoreThe Independence Of Internal Audit1489 Words   |  6 PagesIndependence is a very important element in auditing. Because of the Enron Corporation and other scandals, independence of auditors becomes a vital issue in the audit industry. It is difficult to achieve ‘independent’ for auditors as there is the fact that the client pays the audit fee. In this essay, we will focus on the independence of internal audit. Internal audit plays an important role in a company. According to the IIA (1999), â€Å"Internal auditing is an independent, objective assurance and consultingRead MoreMarketing Planning Of H M986 Words   |  4 PagesThe Auditing team monitors HM financial reporting which includes monitoring the effectiveness of HM internal control along with management. The organisational work for HM includes handling auditing issues and financial reports published by HM The Auditing team constantly receives information with supporting documentation for decision-making from HM involving the Managing Directors with the company’s external auditors A further task of the Auditing team is to cover The Auditing teamRead MoreThe Role Of External Auditors On Public Financial Statements1446 Words   |  6 PagesExternal auditors play important roles in delivering credibility of public financial statements to stakeholders outside of the audited firms (The Institute of Chartered Accountants in Australia, 2008). Published financial statements can be used by stakeholders as a basis for evaluating the financial position of firms, analyzing the performance of management, or making investment decisions (International Organization of Securities Commissions, 2002). Published financial statements will also be usedRead MoreAn Interview With The Banking System Essay1408 Words   |  6 Pageswith my sister, Leblanc, A., (2016, October 1) she said the bank have strict internal guidelines and there is a zero fraud tolerance policy for not following compliance. These are all examples of Bank branch restrictions, no one is certain what goes in back offices. Audit History in Banking Auditors play an important role in the banking industry, they should help promote confidence and independence in the financial industry. The auditors work for and act as a go between the shareholders and the corporationRead MoreSamsung Busines Strategic Report Essay1588 Words   |  7 PagesINTERNAL AND EXTERNAL AUDITING MARKETING REPORT PLANNING THE FUTURE MARKETING STRATEGIES FOR SAMSUNG TELECOMMUNICATION COMPANY PREPARED BY: SABRINA A. MDEMU L1165AAAA1010 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2. Executive summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3. Introduction * Vision of Samsung†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4. * Statistics and research figures†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5. Recommendation on internal and external auditing for future marketing strategies * Internal auditing * SWOT analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreThe Importance Of Auditor Independence On An Audit1473 Words   |  6 Pages Why is it important for external auditors to be independent? Relate your answer to the primary role of external auditors. Give examples of specific ways the lack of auditor independence may impact adversely on an audit. Auditing is one of the most essential processes that has to be executed in the business world. It involves independent testing on the documents of a business to establish the financial statements are prepared without any material misstatements and maintained as the law requires

The Need For Extreme Criminal Justice Reform In...

THE NEED FOR EXTREME CRIMINAL JUSTICE REFORM IN CALIFORNIA ORIENTATION FACTORS: I.nbsp;nbsp;nbsp;nbsp;nbsp;Basic Introduction and description - Introduce basic sides of Criminal Law and Elaborate II.nbsp;nbsp;nbsp;nbsp;nbsp;General History and Development nbsp;nbsp;nbsp;nbsp;nbsp;- Discuss the history and modifications of Reform Laws in California III.nbsp;nbsp;nbsp;nbsp;nbsp;Main Problems and Concern Stimulants nbsp;nbsp;nbsp;nbsp;nbsp;- Point out real life statistics and point out incidents IV.nbsp;nbsp;nbsp;nbsp;nbsp;Conclusion nbsp;nbsp;nbsp;nbsp;nbsp;- Point out the need for an extreme reform and what can be done SENTENCE OUTLINE I. An analysis of Department of Corrections data by the Center†¦show more content†¦C. A progress report on an actof this kind would be made by the California Board of Corrections on January 1, 1997 and annually thereafter to selected legislative committees. III.nbsp;nbsp;nbsp;nbsp;nbsp;Informatives A. quot;It seems clear that the California Legislature has determined that incarceration is not appropriate for many criminal offenses and that alternative sanctions are preferable for non-violent offenders. quot; (Randy Meyer, Political Official) B. But while this approach is to be applauded, its spreading prevents the fulfillment of its true potential. C. quot;By retaining those non-violent offenders that are currently in state prison and continuing to pursue defensive punishment at the local level in the form of short term quot;shock incarcerationquot; and bootcamps, the costly and ineffective methods of criminal behavior correction remain intact.quot; (Charles Calderon-US News) D. By immediately eliminating incarceration for all non-violent offenses and requiring victim compensation and community service, resources can be committed to preventing crime rather than to the feeding and housing of offenders. E. This is consistent with the findings of the legislature and is cost efficient, requires minimal systemic change, and increases public safety and security.Show MoreRelatedCriminal Justice Reform / Speech Paper with Outline and all Supplements. The need for extreme criminal justice reform in California2696 Words   |  11 Pagesdescription - Introduce basic sides of Criminal Law and Elaborate II. General History and Development - Discuss the history and modifications of Reform Laws in California III. Main Problems and Concern Stimulants - Point out real life statistics and point out incidents IV. Conclusion - Point out the need for an extreme reform and what can be done SENTENCE OUTLINE I. An analysis of Department of Corrections data by the Center on Juvenile and Criminal Justice in San Francisco, CA, in Nov, 1995Read More Liberals LOVE Gun Control Essay1120 Words   |  5 Pagescasually connected. Therefore the apparently desperate need to do something about the vast quantity of firearms and firearms abuse is obvious.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Guns are employed in an enormous number of crimes in this country. In other countries with stricter gun laws, gun crimes are rare. Many of the firearms involved in crime are cheap handguns, so-called Saturday Night Specials for which there is no legitimate use or need.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The public is polarized on theRead MoreThe Criminal Justice System Lacks The Necessary Fiscal986 Words   |  4 PagesThe criminal justice system lacks the necessary fiscal resources to manage the needs of mentally ill offenders. Mentally ill offenders have limited access to mental health professionals, medical staff, and criminal justice professionals who can accurately assess, evaluate, diagnose and treat their mental health issues. â€Å"Prisons and jails have a legal obligation to provide health and mental health care for inmates† (Ford et al. (2007), yet mentally ill offenders are not receiving services they needRead MoreThe Penal and Judiciary System: The High Cost of Incarceration1845 Words   |  8 Pageschildren of inmates, costing 47,102 dollars a year in California alone (California Judicial website), and causing many problems for the inmates in the long run. Fundamentally the use of incarceration is inte nded to reform and rehabilitate offenders of society’s laws; however, America’s prison system usually makes matters much worse for the offender, his or her family, and society as a whole. The illustrations below show that there is a severe need for reform in the penal system. There are several fundamentalRead MoreThe Problem Of The War On Drugs1638 Words   |  7 Pagesmovements. Crack and heroin were the most popular drugs smuggled into these communities due to their highly addictive and immobilizing nature. Their end goal was to have the African-American community self-destruct due to black on black crime and extreme cases of drug abuse and overdose. It is a tireless and endless battle to deconstruct the ideals of race in America and it seems as if every time advancements are made, something new is dropped into the communities to help reboot the vicious cycleRead MoreThe Science of Criminology: Understanding the Mind of a Killer1108 Words   |  5 Pagesattempt to understand crime and previous patterns. Criminology is also describe as an interdisciplinary profession built around the scientific study of crime and criminal behavior that includes its forms, causes, legal aspects and control. The Criminology is regarded more as a behavioral or social sci ence that studies the causes of criminal behavior and the social response to crime. Criminology has many areas of research that includes for example the incidence, forms, causes and consequences of crimeRead MoreViolence in Prisons2027 Words   |  9 Pages Violence can be attributed to rape, overcrowding, gangs and to the particular justice systems. These justice systems include such countries as Brazil where violent episodes that include beheadings have occurred. Much of the prison crisis has been blamed on delays in the country’s legal system. This is because of how inmates receive extended sentences and poor prison management. (Romero, 2014) Thailand has extreme violence in their prisons especially Bang Kwang prison. Due to much of the rulesRead MoreThe Punishment Of The Death Penalty Essay3196 Words   |  13 Pagesbargains it is clear that the studies on this debate should be more diverse. This literature review aims at examining these different aspects to weigh the integrity of the death penalty. The death penalty does not bring what it used to into our criminal justice system with deterrence degraded, the number of innocent people stacking, practices in favor of the prosecutors, and an overcharged bill to sum it all up (Judge Alarcà ³n Mitchell, 2002; Rakoff, 2014; Land, Teske, Zheng, 2009; Gross, Hu, KennedyRead MoreSolitary Confinement Should Not Be Rigid And Tough On Crime1244 Words   |  5 Pagesback after serving months in the confinement, likely to suffer from mental illness and experience sleeping problems, hallucinations like strange sounds and uncontrolled fear. Furthurmore, the situation of the prisoners is worst because the human body needs to interact with other peoples to maintain their mental and cognitive state. Without any interaction, they suffer from anxiety and depression that leads to various health and behavioral problems. In the solitary confinement, prisoners are being abusedRead MoreEssay on U.S. Criminal Justice System1850 Words   |  8 PagesBefore proposing a reform to the American criminal justice system, we must first examine the problems that plague the process of justice on all levels. American society plays an important role in shaping the criminal justice system. Their beliefs and values determine the type of deviants and the consequences of the crimes. Often their beliefs contradict each other. Americans believe that the more serious a crime is, the longer a person should spend in a prison. In reality it means that a law

Political Cartoon Analysis Free Essays

Rhetorical Analysis on Political Cartoon: NRA vs. Congress Luis Garza Texas AM International University Abstract Rhetorical Analysis on Political Cartoon: NRA vs. Congress Murder. We will write a custom essay sample on Political Cartoon Analysis or any similar topic only for you Order Now Massacre. Mourning. Sorrow. In the recent months, the United States has gone through two of the most devastating serial massacre in history. One which took place in Aurora, Colorado and another in an elementary school located in Sandy Hook, Connecticut. With this said, Congress, along with President Obama, have been trying to regulate the availability of weapons around the nation. The National Rifle Association, also referred as the NRA, is nonprofit organization which was founded in 1871 (quote) that â€Å"promotes the right of citizens to bear arms. † Due to these massacres, the United States Congress and the NRA have been constantly debating whether or not gun laws should be restricted. In this political cartoon, the an NRA representative is shown holding their â€Å"favorite assault weapon† which is what we see as a Fox Newscaster. (continue†¦) Creator Rob Tornoe has been featured in various websites such as the New York Observer and The Philadelphia Inquirer to name a few. (cite) His credentials include numerous awards such as â€Å"Best Cartoon† given by the New Jersey chapter of the Society of Professional Journalists. (cite) One of his cartoons was also used to challenge the George W. Bush administration towards the Iraq War. (cite). This specific cartoon was featured on â€Å"Media Matters† website which is very analytical when it comes to political topics. These are the guys you should be listening to and reading. They portray the actual news that we’re supposed to be listening to. Yet, millions of followers listen to their so called â€Å"news† and base their public votes over what they cast. This is very sad, but true. The author creates humorous cartoons of very serious topics going on in the United States. As many other cartoonists, he plays a very important role in journalism and getting the citizens of this country the right information. Although some of them are bias. For quite some time, Fox News has been known very bias towards the Republican Party. It’s very clear that this party is very influential in the NRA. The author clearly shows how Fox News is used as an â€Å"assault weapon† (cartoon) used to make the people believe their side of the story. Making President Obama be portrayed like a dictator trying to control the people â€Å"just like Hitler† (cartoon). By using humor, the author uses his influence to support President Obama. Due to recent conflicts, the NRA has been bashing his administration, and blaming him for the two massive events that happened. They argue that if Congress bans the right to own a weapon, they won’t be able to defend themselves when it’s needed. A perfect example came with the Sandy Hook Elementary shooting, a troubled teenage boy got a hold of some very powerful weapons and in one of his break downs and he proceeded to kill the lives of innocent kids and adults. But this would be a double edged argument. The troubled teenager had legal weapons and nobody in the school had any due to gun free school zones. So you as a voter make up your mind. Should we have guns completely banned all together? And should we have completely gun free school zones? And that is what this cartoonist is trying to do, make you understand that Fox News is only trying to support the NRA and keep gun laws as they are. Reference Tornoe, R. (Artist). (2013). How the right-wing media inflames the gun debate. [Web Drawing]. Retrieved from http://mediamatters. org/blog/2013/01/14/how-the-right-wing-media-inflames-the-gun-debat/192217 How to cite Political Cartoon Analysis, Essay examples

User Interface Design For The Home Solar Panel †Free Samples

Question: Discuss about the User Interface Design For The Home Solar Panel. Answer: Interface Useability User interface design for the Home Solar Panel This design was based on the easiness of navigating and interacting with the system. The interface is to ensure that there is less user keying in the data rather, the user should use predefined functions to control the system. The key objective for designing such an interface is to meet the main objectives of functionality and user experience. The interface is simple and thus one can easily remember how to use. Also each button has been named using simple language so as any user can easily know the function of such a button. For example, buttons such as Grid, Solar and Battery with their respective icons cannot confuse the user because it is straightforward. Users dont have to be experts in this field so as to interact with the system. (Ho, 2017). This interface offers the users to keep track and know what is going on in the background, by continuously notifying the user. Also the system just speaks the users language, that is, when the user is interacting with the system, it gives responses with phrases and words familiar to the user. For example, when the user wants to see the weather forecast of the day, the system result would just be what the user is used to. Furthermore, this system gives the user the freedom to control the system functions and also provides the functionality to cancel any command issued wrongly. The interface is consistent in all the screens providing the user with consistent functionality and not leaving the user wondering if the s/he is still within the same system or it has change. The system can be able to detect errors, notify the user using the interface and guide the user on how to mitigate the error. (Jung, Kim, Kwon, 2016). How my design meets the users requirements and enhances their experience Users need an interface that is simple and easy to navigate, enable successful registration and login. This interface is simple and very friendly. Many users dont like an interface that requires a lot of typing of commands, and this system have addressed that issue. Use of buttons on the interface to control the system gives them that feeling to want to interact with the system more. For instance, the user can be able to check the monthly standby energy consumption by just picking the dates using the date picker. The fact that the interface is user friendly, will increase user satisfaction leading to increase user performance and throughput. The consistency and familiarity of the system interface to users also enhances keeps the users minds at ease. (Kurosu, 2017). What factors influenced my design, how they influenced it and why The major factors that influenced this design are human (user) factor and functionality requirements. Human factors such as usability experience, familiarity, accessibility and simplicity are key factor that influenced the user interface design. Users needed a interaction screen that is user friendly, familiar to them and offers guidelines on how to use it through the type of language used on the interface. The user needs a system that upon looking at it can easily recognize what it means rather than trying to recall. Also it should be able to enable the user to identify, diagnose and mitigate errors that may occur in the system. (Tidwell, 2011). A good interface doesnt require a lot of colours to enhance simplicity and professionalism. This interface was also supposed to be better than that of the competitors, offers better experience than that of the rival. On functionality factors, it should be able to meet the business requirements, that is, delivering the expected results and nothing less. The interface should facilitate system accessibility at all time- when required. The UI should deliver value by improving profits through increased performance and user satisfaction. (Tamodia, England, 2010). Discussion on similar interfaces Through research, we identified several interfaces and upon analyses we found out that the designers of those interfaces focused on user experience and satisfaction, and functionality. Through this fact, we designed the interface to address functionality requirements and user satisfaction. Acceptance of any interface by the user is a very important factor that should be put in to consideration during the design phase by critically analysing them and involving the user. Also to come up with a nice simple and user friendly interface, use of less colours offered better experience and acceptance. Through analysing other interfaces, we developed an interface that was accepted by users and met the set objectives and requirements. (Jaramillo, Vargas-Lombardo, 2013). Conclusion Developing a good acceptable interface depends on how one plans it, through research, analysis of user requirements and continuously engaging the user. It doesnt matter on how complex the system is, but by designing a simple and easy to use interface, the system complexity is abstracted. When a good interface is designed, users can be able to learn it easily and thus less training will be needed. Also this will reduce the cost that an organisation has to incur in regular modifications to meet the users needs. References Ho, G. (2017). Structuring User Experience Design with Affective Concerns.Art and Design Review,5, 73-83. doi:10.4236/adr.2017.51006. Jung, H. , Kim, S. and Kwon, Y. (2016). User Centered Design for Battlefield Screen.Journal of Computer and Communications,4, 86-91. doi:10.4236/jcc.2016.45013. Kurosu, M. (2017).Human-Computer Interaction. User Interface Design, Development and Multimodality: 19th International Conference, HCI International 2017, Vancouver, BC, Canada, July 9-14, 2017, Proceedings, Part I. TAMODIA 2009, England, D. (2010).Task models and diagrams for user interface design: 8th international workshop, TAMODIA 2009, Brussels, Belgium, September 23-25, 2009 : revised selected papers. Berlin: Springer. Jaramillo, Z. Vargas-Lombardo, M. (2013). "Framework of User Participation for the Interface Design in the SaaS Layer,"Journal of Software Engineering and Applications, Vol. 6 No. 5, 2013, pp. 236-242. doi:10.4236/jsea.2013.65029. Tidwell, J. (2011).Designing interfaces. Sebastopol, CA: O'Reilly.