3 Idiots Essay Essay Example

3 Idiots Essay Essay Example 3 Idiots Essay Essay 3 Idiots Essay Essay 3 Idiots is a Bollywood movie that released worldwide on 25th December 2009. It was produced by Vidhu Vinod Chopra and directed by Rajkumar Hirani. The movie has three histrions playing the lead functions. hence the movie is named 3 Idiots. The three lead histrions are: Aamir Khan. Sharman Joshi and R Madhavan. These three are the superb pupils of their several high schools. While Boman Irani portrays the function of the college manager of the college which these three pupils join after graduating from their high schools. Besides. there is a little function played by Kareena Kapoor. She is the taking lady of the movie and plays the function of the director’s girl. The movie displays the importance of acquisition and instruction in our lives. The movie trades with the instruction system in India and how the pupils are unable to get by up to the force per unit area because of the inordinate sums of tests and assignments. 3 Idiots is a narrative of three bright pupils who have acquired a GPA of 10. 00 ( on a graduated table of 10. 00 ) in their high schools. They enter the most esteemed college for technology in India: The Imperial College of Engineering. Rancho is a character played by Aamir Khan. He loves machines and that is the ground he wants to prosecute mechanical technology. Raju. the character played by Sharman Joshi doesn’t unrecorded life to the fullest. He is scared of the assignments and tests. He wants to work really difficult and acquire a good occupation as he comes from a hapless household and he is the merely 1 to back up his household. Farhan is the name of the character played by R Madhavan. Farhan wants to be a wildlif e lensman but he joins the college of technology because his male parent wants him to be a mechanical technology as he has really good classs in his school. While Viru Sahastrabuddhe is the manager of the college which is played by Boman Irani. Viru is a really rigorous professor and maintains his force per unit area upon his pupils. There is an incident in the movie which shows that a pupil commits suicide because he doesn’t supply sufficient clip to him for finishing the undertaking. The pupils are unable to take such force per unit area and they believe that it’s clip for them to stop their life. This is a true state of affairs and such force per unit area exists in most of the colleges in India. Rancho loves technology so he doesn’t have jobs with the tests and assignments. While Raju and Farhan are unable to acquire good classs as they feel the force per unit area of the instruction system. Rancho asks Farhan to alter his field of survey from technology to wildlife picture taking as Farhan ever wanted to go a wildlife lensman. He advises Raju to set away his fright and it would assist him to win in his test. In the 3rd twelvemonth of technology recruiters hire pupils. Viru says that Raju and Farhan would merely be able to acquire the occupations merely when they pass with good classs in the concluding test. To intentionally neglect them he sets the paper himself. increasing the trouble degree. Viru’s girl Pia comes to cognize about this. s o she informs Rancho. Rancho tries to steal the paper and is caught by the manager. He decided to rusticate all the three for their act. Pia informs his male parent about the existent ground that took her brother’s life. Viru thought that his boy had died in a auto accident but subsequently he comes to cognize that he committed suicide as he didn’t want to prosecute technology. He was forced by his male parent to go an applied scientist while he wanted to analyze literature. This is the ground why he committed self-destruction. Knowing this truth he decides non to rusticate the three pupils. This movie is based on a novel by Chetan Bhagat titled Five Point Someone- What Not To Make At IIT. Bhagat’s novel besides involves the same three lead characters but with different names. The rubric of the fresh â€Å"Five Point Someone† is based on the five point graduated table which is used to cipher the GPA at the Indian Institute of Technology. Chetan Bhagat is being regarded as the ‘biggest selling English writer in India’s history ’ ( Chandrakar ) . Chetan Bhagat feels really proud that his book and his message have received a wider audience because of the movie. Peoples presents are less likely to read a book. So. the message of the writer is spread throughout the universe where the movie would be released. Chetan Bhagat is a outstanding Indian author who has written several other bestselling novels such as 2 States. One Night at a Call Center and 3 Mistakes of My Life. All of these are being made into different films. The movie 3 Idiots finely portrays the instruction system of India by demoing precisely what happens with the pupils of a peculiar technology college. Students have to get by up with high sums of force per unit area to go through the test. Committing self-destruction is non a solution to the job. but contending against the system to better it can work out the job to a certain extent. This movie shows that Rancho argues with the manager to do him understand that the manner of instruction is wrong and he blames the system for this. During an academic twelvemonth pupils have several tests to take which involves huge course of studies and besides undertakings need to be completed within a short span of clip. The movie besides motivates people to analyze what they like and non what their parents would inquire them to. The manager of the movie makes an attempt to expose the critical status of the instruction system of India in the signifier of a superb film which is entertaining and besides sends an of import message out to the viewing audiences.

Definition of Deliberative Rhetoric

Definition of Deliberative Rhetoric Deliberative rhetoric (from the Greek- rhetor: orator,  tekhne: art), also known as  legislative rhetoric  or  deliberative discourse,  is  speech or writing that attempts to persuade  an audience to take- or not take- some action.  According to Aristotle, the  deliberative  is  one of the three major branches of  rhetoric. (The other two branches are judicial  and epideictic.)   Whereas judicial  (or forensic) rhetoric is primarily concerned with past events, deliberative discourse, says Aristotle, always advises about things to come. Political oratory and debate fall under the category of deliberative rhetoric.​ Deliberative Rhetoric Deliberative rhetoric, says A.O. Rorty, is directed to those who must decide on a course of action (members of the assembly, for instance), and is typically concerned with what will turn out to be useful (sumpheron) or harmful (blaberon) as means to achieve specific ends  in matters of defense, war and peace, trade, and legislation (The Directions of Aristotles Rhetoric in  Aristotle: Politics, Rhetoric and Aesthetics,  1999). Use of Deliberative Rhetoric    ArgumentArtistic Proofs and Inartistic ProofsThe Art of PersuasionExhortation Aristotle on Deliberative Rhetoric    [In Aristotles Rhetoric,] the deliberative rhetor must exhort or persuade his audience, his speech is addressed to a judge of the future, and its end is to promote the good and avoid the harmful. Deliberative rhetoric concerns contingencies within human control. The deliberative orator addresses topics such as war and peace, national defense, trade, and legislation, in order to assess what is harmful and beneficial. Accordingly, he must grasp the relationships between various means and the ends of experience and happiness. (Ruth CA Higgins, The Empty Eloquence of Fools: Rhetoric in Classical Greece. Rediscovering Rhetoric: Law, Language, and the Practice of Persuasion, ed. by Justin T. Gleeson and Ruth Higgins. Federation Press, 2008)     Deliberative rhetoric is  concerned with future events; its action is exhortation or dissuasion...Deliberative rhetoric is about expediency, that is, it is concerned with the means to happiness rather than with what happiness actually is; the special topics which inform debate about this represent what can be described as the Good, with what brings happiness.  (Jennifer Richards, Rhetoric. Routledge, 2008)   Deliberative Argument as Performance A good deliberative argument is a carefully timed performance. Unlike a work of exposition, which allows, indeed often invites, the reader to pause and study some part of it at his leisure, a deliberative argument gives the illusion of a controlled, generally increasing momentum, and its effect can be ruined by an interruption. The speaker uses every possible means to jog our attention- exclamations, apostrophes, questions, gestures- and to spur us ever forward, not only with series of tapered expressions but also by means of stimulating suspensions...Our speakers purpose is not so much to induce or enable us to remember the parts of his argument as to inspire us to cast a favorable vote when hands are to be counted: movere  [to move] rather than docere [to teach]. (Huntington Brown, Prose Styles: Five Primary Types. University  of Minnesota Press, 1966) The Primary Appeals of Deliberative Discourse All deliberative discourses are concerned with what we should choose or what we should avoid...Are there some common denominators among the appeals that we use when we are engaged in exhorting someone to do or not to do something, to accept or to reject a particular view of things? There are indeed. When we are trying to persuade people to do something, we try to show them that what we want them to do is either good or advantageous. All of our appeals in this kind of discourse  can be reduced to these two heads: (1) the worthy (dignitas) or the good (bonum) and (2) the advantageous or expedient or useful (utilitas)... Whether we lean heaviest on the topic of the worthy or the topic of the advantageous will depend largely on two considerations: (1) the nature of our subject, (2) the nature of our audience. It should be obvious that some things are intrinsically more worthy than others.(Edward P.J. Corbett and Robert J. Connors, Classical Rhetoric for the Modern Student, 4th ed. Oxford University Press, 1999) Pronunciation: di-LIB-er-a-tiv

Journal 1 Essay Example | Topics and Well Written Essays - 250 words - 6

Journal 1 - Essay Example Ideally, some Americans like the American Indians dispute this idea by tracing their origin to America. However, William Least Heat-Moon justifies his idea by quoting historic facts that trace the origin of all Native American tribes (Heat-Moon 71-77). The idea that travelling might offer solutions to various problems is equally intriguing. It is amazing how travelling especially by road can help in solving psychological problems. The fact that we cannot know the exact point where we can find an answer to a specific problem, William Least Heat-Moon encourages us to keep travelling. In the essay, The Classic American Road Trip, William Least Heat-Moon proves how travelling is fascinating and refreshing to the human mind (Heat-Moon 365-371). It is amazing that he seeks to prove that travelling can justify the course of life by showing how a traveler explores landscapes and people’s lives (Heat-Moon 367-371). Moreover, the author presents the travel writing theory by showing comprehension of the intentions of travelling. Through travel writing, William Least Heat-Moon expresses his soul and experiences. Indeed, he is one of the popular travel writers in

Internship in Valentino Fashion Group Essay Example | Topics and Well Written Essays - 750 words

Internship in Valentino Fashion Group - Essay Example The essay "Internship in Valentino Fashion Group" talks about working in the Valentino Fashion Group as an intern. From an overarching context I have gained a greater understanding of how classroom elements oftentimes imperfectly reflect occurrences in the business world. In these regards, while my classroom experiences have undoubtedly prepared me for the internship it has been in a process where I have had to consider the underlining critical thinking elements. For instance, one of the major structural elements I came to consider throughout my internship was supply chain management. The Valentino Fashion Group has a number of inputs from outside sources and my study of supply chain procedures greatly heightened my analysis of these processes in this business context. The nature of the internship in terms of retail sales also made it such that I incorporated much of my course experience from business management and leadership. I came to recognize the importance of transactional lead ership in terms of employee relations as this model is perhaps the most effective in taming the diverse interests and desires of these individuals. Conversely, my study of situational leadership models also helped me in dealing with consumer relations as the multi-varied challenges I encountered necessitated that one not assume a too rigid approach to problem solving. The experience greatly influenced my perspective on career options and future plans. I believe that a person’s career approach should be linked.... Another consideration is the nature of this business as specializing in higher end retail sales. I believe that this distinction is important in my career as I am more interested in these aspects of fashion. I believe customers in this retail environment place a higher level of concern on the fashion aspects of the clothing and demonstrate a much higher commitment to the product. I believe my interest in fashion is better suited to this environment than a large-scale retailer that would be more concerned with widespread appeal and business models over fashion trends. There were many aspects of this internship that affected different areas of my life. In these regards, my experience in this internship greatly focused my future academic interests. My participation in the business department before this occurrence had been motivated by a desire to gain a broad understanding of business theory and management models without consideration of any specific course of action. Now that I have h ad this internship experience I am increasingly interested in merchandising practices and marketing. One of the major experiences I had at the Valentino Fashion Group was product placement in the store, as it was believed this greatly contributed to customer interest and purchasing. I believe such models are an essential aspect of all businesses and I am interested in learning more about them in the business environment. Perhaps the most transferable skill I gained in this experience was the ability to read and distinguish customer’s character and desires. I believe that to a great degree the I reached the goals I set for myself. My goals were to be a conscientious employee: remain punctual and work well in groups.

English Paper on Holes Essay Example for Free

English Paper on Holes Essay The film codes and conventions are greatly used in the movie Holes, directed by Andrew Davis, to construct characters and develop the atmosphere. The film is about a young boy, Stanley Yelnats, who is falsely accused of stealing a pair of shoes. As a punishment, he is sent to camp Greenlake, where he meats and discovers an ancient secret that leads him to great treasure. Throughout the movie technical, symbolic, audio and written codes are used to demonstrate the characters’ personalities as well as create a profound atmosphere in every scene. These filmic conventions help the audience to obtain a clearer understanding of the main characters and the movie itself. The innocent and friendly nature of Stanley is effectively demonstrated through the film codes and conventions. He is a protagonist in the movie and undergoes the most change to his personality and behavior throughout the film. In the very first scene, Stanley’s voice over is used saying â€Å"All my life, I seem to appear at the wrong time in the wrong place†. This audio code has a great effect on the viewer’s opinion of Stanley, indicating that he is clumsy or unlucky. A little further into the movie, techniques such as costume and setting are well used. Stanley’s over-sized old clothes and the messy, un-tidy house of the Yelnats’ family gives an impression of a less fortunate family. These filmic codes are vital in the construction of Stanley’s personality. The film codes and conventions successfully show Zero’s as a closed, shy and disrespected little boy. He too is one of the main characters in the movie and over time becomes great friends with Stanley. When Stanley is introduced to the other boys in camp, Mr. Fernandsci explains, â€Å"You know why everyone calls him Zero? Because he has nothing going on in his stupid, little head!†. The effect of this dialogue is immense. Zero is introduced as a dumb and helpless boy, yet we understand that he is plainly judged and bullied. When the councilor proclaims this, Zero turns his back on the boys and his facial expression shows anger and disappointment. These symbolic codes have a huge effect on the viewer’s opinion of zero, suggesting that he is an annoyed and perhaps unapproachable little boy. He just wants everyone to leave him alone. The audience understands zero’s calm yet unsociable personality through the excellent use of various film code techniques. The filmic conventions are used to create a dream-like atmosphere in the scene where kissing Kate Barlow commits suicide. After stealing and burying the treasure of Stanley’s great grandfather, she has been stranded in the desert for several days. When viewers first see her lying on the sand, the focus of the camera is blurred. This technical code has a great effect on the viewers understanding of the scene, showing that it is a flash back or memory. Further into the episode, a blurred image of Sam appears and Kate murmurs, â€Å"Its so hot Sam but I feel so cold†. These techniques give an impression that Kate’s vision is blurring and she is hallucinating because of exhaustion. This dialogue and several other shots work together to create the imaginary, almost unrealistic atmosphere. A happy and relieving atmosphere is created with the use of film codes in the scene where Stanley and Zero climb god’s thumb and reach water. After a close escape from Camp Greenlake, the two boys have been wondering along the desert for days. They have finally reached a rocky mountain in the shape of a thumb, onto which Stanley’s great grandfather had once climbed, and found water. Joyful and lively music plays when the boys finally come to the top of the mountain. The use of this technique demonstrates how Zero and Stanley have finally reached their goals and the atmosphere is clearly shown. Throughout this scene, cool colors such as blue, purple, grey and violet are used. This symbolizes the peacefulness of the situation and the viewer gives a sigh of relief, as the main characters are unharmed. These filmic codes are very important in the construction of a serene atmosphere in the particular scene. The atmosphere and the characters’ personalities in the movie are created by the excellent use of film codes and conventions. Voice overs, body language and costumes are used to construct the character of Stanley and Zero. Colors, music, different camera shots and dialogue are used during different scenes to portray the correct atmosphere. These various codes give us a better understanding of the film and the important messages.

Quantum Cryptography Essay -- Codes Cryptography Symbols Essays

Quantum Cryptography Keeping secrets and passing information that is undetected has long been the goal of cryptographers. Codes have been written and then broken keeping cryptographers in constant search for the unbreakable code. Until recently, that goal seemed unreachable; however, a solution to the once impossible question seems to have surfaced. Quantum cryptography delves down into the world of very small particles, where there are entirely new ways of building ciphers. ("Arrives" 2) Quantum cryptography is a relatively recent discovery in the world of cryptography and is still being tested by the government for distance and practicality. Most recently, researchers at government-owned QinetiQ PLC and Ludwig-Maximilans-University demonstrated a nighttime key exchange using quantum cryptography over 23.4 km between the mountaintops at Zugspitze and Karwendelspitze in Germany (Bains 1). To understand how quantum cryptography works, one must first be familiar with the Heisenberg uncertainty principle. According to Heisenberg, when one tries to measure a quantum particle (a very small particle), the particle is altered in such a way that your measurement cannot be completely accurate. The particle is disturbed and its appearance before the attempted measurement can no longer be determined. ("Arrives" 3). In quantum cryptography, there are four different particles. The particles are identified by their positions: – (horizontal); | (vertical); / (left diagonal); \ (right diagonal). The particles are measured by the receiver with a filter, and predictably, the vertical filter allows vertical particles through, the horizontal filter allows horizontal particles through, and so on. Here, the Heisenberg uncertainty principle thro... ...he key that Bob is using, Alice is free to read any message Bob sends; however, Bob will be at a loss to decipher anything that Alice sends his way. While it is virtually impossible to eavesdrop using quantum cryptography, the system is only as reliable as the sender and the recipient. Works Cited "Special Report: Quantum Cryptography Arrives." PC Magazine. 6 pages. 6 August 2002. Article A90181639 (Infotrac). Bains, Sunny. "Alice and Bob grow apart. (Quantum Cryptography)." Laser Focus World. 2 pages. May 2002. v. 38. i.5. Article A86506297 (Infotrac). "The end of the code war? Quantum cryptography; The uncertainty principle and codes. (Science and Technology)." The Economist (US). 3 pages. 23 June 2001. Article A75710312 (Infotrac). Peterson, Ivars. "Quantum Cheating." Science News. 2 pages. 14 June 1997. v.151i. 24. Article A19524070 (Infotrac).

Gender Stereotyping in TV Commercials Essay

Stereotyping is basically relating a certain behavior or actions to a certain sector of the society or a certain group of people. It dictates how a person or a group is supposed act or respond in front of the society. It tells what behavior by a particular group is acceptable to the society. Such labels or tags are put by us humans itself. Gender stereotyping is when we relate certain manners or conduct to men and women. For example, men are the bread earners of the house and women are home makers. Such stereotypes are created by the society and the general behavior portrayed by them. Today gender stereotyping is extensively used in television commercials. This is mainly done to attract viewers to buy their product. Female stereotypes are mostly used in TV advertisements. Women are usually portrayed as sex objects in commercials. They are portrayed as â€Å"decoratives† in various promotional strategies. They are shown as desirable women to attract the male crowd. They are used more in those commercials which advertise products used by men. For example axe, addiction, etc. They are also shown with minimal clothing. Women are also portrayed as housewives only. In advertisements like Saffola oil, Maggi, Everest masala, etc. t is always the woman who is cooking, etc. Women are shown as people with lower status than men. They are the ones who are washing dishes and clothes in ads like Vim and Surf Excel respectively. Most successful women portrayed on television are always shown as fair and young women. Duskier women are very rarely shown in ads. Fair & Lovely ads are a great example. They demonstrate that any and every woman can become fair after using their product. The end result is shown as them turning fair and becoming successful or popular. They stereotype that women must always be fair and pretty to be successful. Male stereotypes are less used as compared to female stereotypes. They are usually portrayed as more successful and powerful. Men are usually well dressed in TV commercials. They are shown to have more poise and status in the society. Mostly only handsome and good looking men are used to sell products to women. Men are stereotyped to be the ones to lead the society ahead with their charm and personality and success. It has been tried to avoid such stereotyping by a lot of advertisers but at the end of the day the viewers get attracted to such advertisements only. Companies generate more revenue but such advertisements.

Ocean Manufacturing

The client acceptance process can be quite complex. Discuss five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards and identify the applicable standards?1. Obtain an understanding of the client's business and operations. Consideration should be given to reading available financial information regarding the prospective client such as annual reports, registration statements, Forms 10-K, other reports to regulatory agencies and income tax returns.2. Inquire as to the general reputation of high ranking employees, influential directors and shareholders, as well as the entity itself. Carefully consider any matters that may negatively reflect on management's integrity, ability and attitude. Such inquiries may be directed to the prospective client's bankers, legal counsel, underwriters, and others in the business community. Background checks obtained by investigative firms may also be useful.3. Consider mana gement's response to observations about or suggestions for improvements in internal controls made by the predecessor auditor and/or the internal auditor.4. Consider the composition and autonomy of the Board of Directors and the Audit Committee, including the number of independent outside directors.5. Communicate with the predecessor auditor in accordance with the provisions of Statement on Auditing Standards (SAS) No. 84 [AU315]. Inquiries should be directed to the integrity of management and the reasons for the change in auditor.The following situations should be carefully considered in assessing whether to accept a client: o There has been a disagreement with the previous auditor over accounting principles or practices; financial statement disclosures; auditing scope; or the Form 8-K discloses a reportable event as defined in Securities and Exchange Commission Regulation S-K. o The previous auditor resigned or declined to stand for re-election or there is no clear reason for the c essation of the client relationship. o Access to the predecessor auditor's working papers has been denied. Other CPA firms have declined to serve the prospective client. There appears to be evidence of â€Å"opinion shopping. â€Å"2. Return on Equity (ROE=Net profit after tax /Total Shareholders' Equity * 100) 2521/35469 x100 = 7. 11% Return on Assets (ROA=Net profit after tax / Total Assets * 100)2521/66820 x 100 = 3. 77  Ã‚  Unfavorable Assets to Equity (Total Assets / Total Shareholders' Equity) 66821/35469 = 1. 88  Ã‚   favorable Accounts Receivable Turnover (Sales / Account receivable) 104026/7936 = 13. 10 favorable Average Collection Period (Account receivable / Sales * 365) 7936104026 x 365 = 27. 4 favorable Inventory Turnover (Cost of sales / Inventory) 69177/10487 = 6. 6  Ã‚  Unfavorable Days in Inventory (Inventory / Cost of sales * 365) 10487/69177 x365= 44. 3  Ã‚  Favorable Debt Ratio (Total Liabilities / Total Assets)31352/66821 = 0. 47  Ã‚  Not available ( industry figures) Debt to Equity (Total Liabilities / Total Shareholders' Equity) 31353/35469 = 0. 88 Favorable Times Interest Earned (Profit before interest and tax / Interest expense) 6242/1474 = 4. 23  Ã‚  Favorable Current Ratio (Current assets / Current liabilities)27064/14118 =1. 2  Ã‚  favorable Profit Margin (Net Profit before interest and tax / Sales * 100) 6242/104026 x100 = 6. 00Unfavorable The comparison needs to be done for the audited accounts and since the audited accounts are available for 2001 and 2000 but the industry figures are available only for 2001 and 2002 we have to select the year 2001 for comparison. The accounts show that the company is healthy and the ratios are mainly favorable except that the company is not properly leveraged and this is leading to a loss of opportunities and a lower profit margin and lower return on equity. There are no grounds of objection emanating from the ratios and the company can be accepted for auditing.3. What non-financia l matters should be considered before accepting Ocean as a client? How important are these issues to the client acceptance decision? Why? In order to minimize the likelihood of association with a client whose management lacks integrity, Statement on Quality Control Standards No. 2, System of Quality Control for a CPA Firm's Accounting and Auditing Practice, (QC Section 20. 4) (applicable to auditing and accounting and review services) provides that â€Å"policies and procedures should be established for deciding whether to accept or continue a client relationship and to perform a specific engagement for that client (QC Section 20. 14)†, to minimize the likelihood of the specific policies and procedures established and the nature and extent to which they may be documented may vary significantly from firm to firm. Throughout the process, from initial consideration about accepting or continuing a client to issuance of an audit report, auditors are faced with risk.This risk can b e thought of as having three components: ? The entity's business risk – The risk that the entity will not survive or will not be profitable. ? The auditor's business risk – The risk to the auditor from association with the client, consisting of the risk of potential litigation costs and the related effect on the auditor's reputation and the risk of other costs (not related to litigation) such as the effects on fee realization. ? The auditor's audit risk – The risk that the auditor may unknowingly fail to appropriately modify his or her opinion on financial statements that are materially misstated.The following discussion highlights matters that a firm may wish to consider in connection with establishing policies and procedures for client acceptance and continuance. The extent to which a firm may choose to employ any of the following is, with the exception of certain procedures required by generally accepted auditing standards, largely a matter of professional ju dgment. The discussion of specific policies and procedures is intended to be thought-provoking and useful to a firm in assessing the particular client acceptance and continuance policies and procedures it may choose to employ in its practice.4a) Ocean wants Barnes and Fischer to aid in developing and improving their IT system. What are the advantages and disadvantages of having the same audit firm provide both auditing and consulting services? Given current rules on professional independence in the Joint Code of Professional Conduct, will Barnes and Fischer be able to help Ocean with their IT system and still provide a financial statement audit?No, given the current rules on professional independence in the Joint Code of Professional Conduct, Barnes and Fisher will not be able to help Ocean with heir IT system and still provide a financial statement audit. This appointment as an IT system consultant violates this rule: â€Å"Consider whether any financial interests or relationships exist that would impair the appearance of the firm's independence from the client and preclude its expression of an opinion on the entity's financial statements. The firm should consider Rule 101 of the AICPA Code of Professional Ethics. For clients that are public companies, the firm should also consider the requirements of the SEC â€Å". and also, Consider any potential conflicts of interest that could result from the acceptance of a client†4 b. As indicated in the case, one of the partners in another office has invested in a venture capital fund that owns shares of Ocean common stock. Would this situation constitute a violation of independence according to the Joint Code of Professional Conduct? Why or why not? The venture capital fund holds 50,000 shares of Ocean stock, currently valued at approximately $18 a share. This investment represents just over a half of one percent of the value of the fund's total holdings.The partner's total investment in the mutual fund is cu rrently valued at about $56,000. Since, the value of the investment represents just over one half percent of the value of the fund's total holdings, the influence of the partner is negligible, and in addition, the partner is located at a separate office so the company may go ahead with acceptance.5a)  Ã‚  Prepare a memo to the partner making a recommendation as to whether Barnes and Fischer should or should not accept Ocean Manufacturing, Inc as an audit client. Carefully justify your position in light of the information in the case.Include consideration of reasons both for and against acceptance and be sure to address both financial and non-financial issues to justify your recommendation Ocean should be accepted as a client for the company. Even though: A check on the background of Ocean's management revealed that five years ago Ocean's vice president of finance was charged with a misdemeanor involving illegal gambling on local college football games. Charges were later dropped i n return for Mr. Stevens' agreeing to pay a fine of $500 and perform 100 hours of community service. There were no other integrity problems found in the company.The various checks carried out in Ocean include:1. Entity's Business Risk o Management:– Engages in activities indicative of a lack of integrity.– Is prone to engage in speculative ventures or accept unusually high business risks.– Displays a poor attitude toward compliance with outside regulatory or legislative obligations.– Engages in complex transactions or innovative deals that make the determination of the effects on the financial statements difficult to assess or highly subjective.– Lacks a proven track record. Is evasive, uncooperative or abusive to the audit team.– APART FROM RELUCTANCE TO INTRODUCE US TO THE PREVIOUS AUDITORS ALL THE FACTORS WERE FOUND TO BE NEGATIVEThe Entity:– Has products that are new and unproven.– Depends on a limited number of customers o r suppliers.– Is experiencing a deteriorating financial condition or liquidity crisis.– Is subject to uncertainties that raise substantial doubt about its ability to continue as a going concern.– Operates in countries where business practices are questionable.– Has an inadequate capital base or is highly leveraged.– Is experiencing difficulty in meeting restrictive debt covenants.– Generates negative cash flows from operations but reports operating profits.– Has publicly traded debt outstanding that is below investment grade.– Is a low tier firm in an emerging or maturing industry where weak competitors are exiting the market.– Is subject to unpredictable changes in price and availability of product inputs that cause significant variance in profitability.– Is vulnerable to rapidly changing technology.– Is investing cash from short-term borrowings in long-term assets.INVESTIGATIONS SHOW THAT ALL THE ABOVE FA CTORS AT OCEAN ARE NEGATIVE o The Industry:– Is undergoing rapid change.– Is subject to high competition, market saturation, product obsolescence, or declining demand.– Has high operating leverage demonstrated by high fixed costs and low variable costs.– Is highly cyclical or counter cyclical.– Has a low entry barrier.– Is facing regulations that will adversely impact profitability throughout the industry.EXAMINATION OF INDUSTRY DETAILS AT LEXIS NEXIS SHOWS THAT NONE OF THE NEGATIVE TRENDS IN THE INDUSTRY ARE PRESENT2. Barnes and Fischer ‘s Business Risk o The entity is prone to a high number of lawsuits or controversies. o There are frequent changes in the entity's auditors. o The entity plans to engage in an initial public offering or use the financial statements to engage in a debt or equity offering. o The financial statements will be used in connection with an acquisition or disposal of a business or segment INVESTIGATIONS HAVE SH OWN THAT IN CASE OF THE PROSPECTIVE CLIENT NONE OF THE ABOVE MENTIONED RISKS ARE THERE FOR Barnes and Fischer .5. b. Prepare a separate memo to the partner briefly listing and discussing the five or six most important factors or risk areas that will likely affect how the audit is conducted if the Ocean engagement is accepted. Be sure to indicate specific ways in which the audit firm should tailor its approach based on the factors you identify. The risk areas in case of Ocean include;2. The company is under levered.3. The company is not getting loans in the market because of disrepute not know to us.4. There might be integrity issues related to the vice- president involved in gambling but kept underground and secret. The Barnes and Fischer should be vigilant on the activities of the main executives of Ocean.5. The percentage of profit earned by the company is lower than the industry norm. Barnes and Fischer should keep a close watch on the profit margin of the company and in case of anomalistic behavior should mention it in the auditor's report Barnes and Fischer should follow SAS No. 47, as amended, Audit Risk and Materiality in Conducting an Audit (AU Section 312), which provides guidance on the auditor's consideration of audit risk when planning and performing an audit of financial statements.Examples of factors that may increase audit risk include:o Operations that are dominated by a single individual.o Undue emphasis on achieving earnings per share; maintaining the market price of the company's stock; or meeting earnings projections.o Unreliable processes for making accounting estimates or questionable estimates by executives.o Unrealistic budget levels that encourage unrealistic objectives.o A high volume of significant year-end transactions.o Compensation based to a significant degree on reported earnings. o An unnecessarily complex corporate structure. Prior-year financial statements that were restated for correction of an error or irregularity.o Attemp ts by management to reduce the scope of Barnes and Fischer .o Substantial litigation involving the entity's business practices.o Material weaknesses or other reportable conditions in the internal control structure.o Significant and unusually complex related party transactions. o Affiliates that are unaudited or audited by others.o Management espouses aggressive accounting principles.o Understaffed accounting department or inexperienced personnel.Financial reports not prepared on a timely basis. Please note the lacunae in the question. First, the question does not mention the weights Barnes and Fischer intend to give financial measure and non-financial measures for accepting Ocean as the client. Second, the question does not mention what influence the partner in the ‘other' office has in the auditing of Barnes and Fischer. This is related to the policies of the auditors. Third, the question of there being advantages and disadvantages of appointing the same firm as auditor and c onsultant does not arise. Remember, the Enron scam!Fourth, the question is not clear if Barnes and Fischer have experience of auditing accounts of firms making small home appliances. Fifth, the question mention in one place that Ocean wants to make a public issue, on the other hand the company accounts are showing that the company is under leveraged, these two things are antithetical and Barnes and Fischer should have investigated why Ocean wants to go in for equity when Ocean should actually go in for debt. Still this is an excellent question in auditing. Please use the above guidelines and write an excellent answer. Ocean Manufacturing Barnes and Fischer, LLP| To:| Jane Hunter| From:| Susan Anderson, Elizabeth Lane, Chantal Murphy, Elizabeth Robinson| CC:| Dr. Cashell| Date:| 3/5/2013| Re:| Decision on Accepting Ocean Manufacturing as a client| | Recommendation: We recommend that we do not accept Ocean Manufacturing as a client. Justification:There were several issues we considered when making our recommendation:0Independence Violation0No experience in the industry0Can’t do consulting because SOX violation0Red flag with regard to contact to previous auditor0Significant Mgt.Turnover0Unethical behavior (illegal gambling)03 years ago received qualified opinion0Aggressively accounting to meet creditor’s requirements0New accounting system0Audit trails not kept in tactFirst, we considered possible GAAS and GAAP violations. When reviewing Ocean Manufacturing’s background information, we found that a partner in the Salt Lake City office owns shares in a venture fund which holds a private equity investm ent in Ocean common stock. This is an independence violation which goes against the second general standard of GAAS.Another GAAS violation could be considered because we have a background in the healthcare service industry and Ocean Manufacturing is in the appliance industry. Since we do not have training in this field, we would be violating the first general standard of GAAS. There is also a SOX violation because Ocean Manufacturing would like us to do consulting and help prepare for the IPO. They also would like us to work with their IT program. This goes against the rules of GAAP.Since they are getting ready to offer an IPO we would be faced with higher litigation risk. Ocean Manufacturing also has various management issues that have raised red flags. The company has experienced high management turnover, which could be an indication of how the company is run on a daily basis. When the vice-president of Ocean was approached to discuss the previous auditor, he was hesitant to talk about the previous audit firm. If a potential client is even hesitant to allow engagement with prior auditor, this is not usually a good sign.Also, when the client background check was conducted, it was discovered that the vice-president of finance was involved with illegal gambling in the past, which could be an indication of his lack of ethics. This behavior could carry over to unethical behavior in the company since the leaders set the tone of the company which in turn reflects a higher litigation risk. There were also issues with the company’s financial statements. Three years ago Ocean Manufacturing received a qualified report from their auditor.Ocean’s previous auditor told us their problems with Ocean primarily related to management reflecting their revenue and accruals aggressively in order meet creditors’ requirements and the complexity of Ocean’s new IT system. When reviewing their control systems, we noticed a few issues. Ocean Manufacturingâ⠂¬â„¢s audit trails were not kept intact due to system failures and errors. There are also system failures when it comes to their new accounting system. There are problems in inventory tracking and cost accumulation, receivable billing and aging, payroll tax deductions, payables, and balance sheet account classifications.This could also explain some of the aspects of the financial statements that appeared to be off compared to previous years. Ocean’s accounts receivable, accounts payable, and accrued expenses appear to be much greater than the changes in the year before. This could also be because of the aggressive accruing that was discussed earlier. In conclusion, we feel that the issues with auditing standards, management, and financial statements are good enough indications as to why we should not accept Ocean Manufacturing as a client. |

Free Essays on Analysis Of “An Irish Airman Foresees His Death“

The idea of war brings to mind a noble cause, or a love of country. This is not so in the poem â€Å"An Irish Airman Foresees His Death.† William Butler Yeats uses the speaker of this poem to convey the theme: even in the face of death, joy can be found. The pilot does not hate those that he fights against. Ireland did not have many direct enemies, except for those that kept them from living free. But, being under British rule and fighting for them, especially for a cause that made no sense to the pilot, did not evoke many feelings of love either. When the speaker states of his country that â€Å"No likely end will bring them loss Or leave them happier than before,† he knows that Kiltartan Cross and therefore he, will not be affected by the outcome of the war. Kiltartan’s people have nothing left to lose and therefore cannot be brought loss. This shows that the pilot knows that he is fighting for a cause in which he has no stake in. The speaker is charac terized with bravery, courage, and humility in saying that â€Å"Nor law, nor duty bade me fight, Nor public men, nor cheering crowds.† The pilot is not interested in the honor he will gain and obviously has no sense of patriotic duty to a country that is not his own. The pilot is choosing to fight for a cause he does not understand simply because he wants to fly. Unlike many of his countrymen, the pilot wanted to fly and fight for Britain, which is shown through his â€Å"lonely impulse of delight.† The pilot has accepted that he will fight for a cause in which he has no belief only to die â€Å"somewhere among the clouds.† He has reached an attitude of indifference which enables him to engage in his love of flying and fight for a lost or misunderstood cause. The pilots disregard for everything else in life except flying illustrates that he may be a young man, in the prime of his life, with no family to look after or other responsibilities. Understanding that death is immine... Free Essays on Analysis Of â€Å"An Irish Airman Foresees His Deathâ€Å" Free Essays on Analysis Of â€Å"An Irish Airman Foresees His Deathâ€Å" The idea of war brings to mind a noble cause, or a love of country. This is not so in the poem â€Å"An Irish Airman Foresees His Death.† William Butler Yeats uses the speaker of this poem to convey the theme: even in the face of death, joy can be found. The pilot does not hate those that he fights against. Ireland did not have many direct enemies, except for those that kept them from living free. But, being under British rule and fighting for them, especially for a cause that made no sense to the pilot, did not evoke many feelings of love either. When the speaker states of his country that â€Å"No likely end will bring them loss Or leave them happier than before,† he knows that Kiltartan Cross and therefore he, will not be affected by the outcome of the war. Kiltartan’s people have nothing left to lose and therefore cannot be brought loss. This shows that the pilot knows that he is fighting for a cause in which he has no stake in. The speaker is charac terized with bravery, courage, and humility in saying that â€Å"Nor law, nor duty bade me fight, Nor public men, nor cheering crowds.† The pilot is not interested in the honor he will gain and obviously has no sense of patriotic duty to a country that is not his own. The pilot is choosing to fight for a cause he does not understand simply because he wants to fly. Unlike many of his countrymen, the pilot wanted to fly and fight for Britain, which is shown through his â€Å"lonely impulse of delight.† The pilot has accepted that he will fight for a cause in which he has no belief only to die â€Å"somewhere among the clouds.† He has reached an attitude of indifference which enables him to engage in his love of flying and fight for a lost or misunderstood cause. The pilots disregard for everything else in life except flying illustrates that he may be a young man, in the prime of his life, with no family to look after or other responsibilities. Understanding that death is immine...

Calculate Osmotic Pressure Example Problem

Calculate Osmotic Pressure Example Problem This example problem demonstrates how to calculate the amount of solute to add to create a specific osmotic pressure in a solution. Osmotic Pressure Example Problem How much glucose (C6H12O6) per liter should be used for an intravenous solution to match the 7.65 atm at 37 degrees Celsius osmotic pressure of blood?Solution:Osmosis is the flow of a solvent into a solution through a semipermeable membrane. Osmotic pressure is the pressure that stops the process of osmosis. Osmotic pressure is a colligative property of a substance since it depends on the concentration of the solute and not its chemical nature.Osmotic pressure is expressed by the formula: ÃŽ   iMRT where ÃŽ   is the osmotic pressure in atm,  i van t Hoff factor of the solute,  M molar concentration in mol/L,  R universal gas constant 0.08206 L ·atm/mol ·K, and  T absolute temperature in Kelvin.Step 1:  Determine the van t Hoff factor.Since glucose does not dissociate into ions in solution, the van t Hoff factor 1.Step 2: Find the absolute temperature.T Degrees Celsius 273T 37 273T 310 KelvinStep 3:  Find the concentration of glucose.ÃŽ   iMRTM ÃŽ  /iRTM 7.65 atm/(1)(0.08206 L ·atm/mol ·K)(310)M 0.301 mol/LStep 4:  Find the amount of sucrose per liter.M mol/VolumeMol M ·VolumeMol 0.301 mol/L x 1 LMol 0.301 molFrom the periodic table:C 12 g/molH 1 g/molO 16 g/molMolar mass of glucose 6(12) 12(1) 6(16)Molar mass of glucose 72 12 96Molar mass of glucose 180 g/molMass of glucose 0.301 mol x 180 g/1 molMass of glucose 54.1 gramsAnswer:54.1 grams per liter of glucose should be used for an intravenous solution to match the 7.65 atm at 37 degrees Celsius osmotic pressure of blood. What Happens If You Get the Answer Wrong Osmotic pressure is critical when dealing with blood cells. If the solution is hypertonic to the cytoplasm of the red blood cells, the cells  will shrink through a process called crenation. If the solution is hypotonic with respect to the osmotic pressure of the cytoplasm, water will rush into the cells to try to reach equilibrium. This may cause the red blood cells to burst. In an isotonic solution, red and white blood cells maintain their normal structure and function. Its important to remember that there may be other solutes in the solution that affect osmotic pressure. If a solution is isotonic with respect to glucose but contains more or less of an ionic species (sodium ions, potassium ions, and so on), these species may migrate into or out of a cell to try to reach equilibrium.

Portlandia Television Show Movie Review Example | Topics and Well Written Essays - 1000 words

Portlandia Television Show - Movie Review Example This paper will discuss whether the film is well-done or not, whether there should be a season three or not, and if there should be, which topics should it address. To the audience, at a first glance, Portlandia looks like a coterie television series that could only be clear to former university radio disc jockeys in their late 20s and early 30s. Featuring the dubious trio of Saturday Night Live's Sleater Kinney, Carrie Brownstein, and Fred Armisen, Portlandia is created atop a complicated system of allusions, nods, and winks. Andrew Singer and Jonathan Krisel directed the film specifically to post-hipsters, post-post-punk viewers, and to post-collegiate (Sidereel 1). Its humor might effortlessly alienate viewers from a variety of demographics. The series, which just concluded its leading season, turns this slim focus into its greatest force (Sidereel 1). Parts of the city that are presented in the show are In Other Words. It refers to a feminist bookstore that sells mostly books for ladies. The book store features heavily in season one. The second place is the Gilt Club. Gilt Club refers to the restaurant which Fred and Carrie try to find out facts regarding chicken in the pilot episode. The third place that features mostly in the show is Oblique Coffee Roasters. This refers to the place where Fred and Carrie meet with the mayor of Portlandia to discuss setting up a basketball team for Portland. Voodoo Doughnut is also one of the major spotlights of the show (Sidereel 1). The joint was dominant during the scavenger hunt where the team looked for clues in the doughnuts. Portland Esplanade was also covered in the show. Portland Esplanade was where the music video for Dream of the ’90s was shot. Wealth Underground Farm was also covered in the show. The farm was seen in the pilot episode at the time Carrie and Fred fell under the influence of its charming leader. Finally, the place where the rehearsal dinner took place is referred to as the Cathedral City P ark. In relation to how people in Portlandia look like, numerous social practices occur outside the art world, both public and private in nature. Portlandia citizens have these personalities. One explanation of why they are concerned with social practice is because it concerns expanding the potential of art practice. They prove that art is not a professional, elite or a lone act. It can be a spirit or a means of living in the world. The Portlandia citizens are seen as supporters of this spirit. With regards to the way people in the show talk, the tone is set from the leading episode. Coming back from a trip in Portland, Fred asks Carrie: â€Å"Do you ever think of the 90s? Individuals were conversing about getting piercings, having tribal tattoos and they were singing about saving the world and setting bands. There is still a region where that thought lives.† Fred also reminds Carrie of the poem concerning Portland which recommended sleeping till 11 in the morning and not doi ng any job.