First auditors of Gadget limited Essay Example for Free

First auditors of Gadget limited Essay 1. Identify the independence factors, and any other issues, that you and your co-partners in Ernest Peat Co will need to consider in order to determine whether your firm can put itself forward to act as the first auditors of Gadget limited and the measure that may be taken to resolve any perceived conflicts. The purpose of an audit is to provide an independent Examination by an appropriately qualified person for the benefit of interested parties to whom the auditor reports to. The principle of auditor independence is established via the Companies Act, and also an ethical code. Auditors are therefore expected to be independent of those whose work they are auditing and to whom they are reporting. There are two types of audit independence 1- Practitioner independence 2- Profession independence Practitioner independence: is the state of mind of the actual auditor. There are three types of independence that may determine whether independence has been put at risk. Michelle Bond is a substantial shareholder in Gadget Limited, however she is not a director. Her rights as a shareholder does however has some bearing on the decision making process however only on an influential not binding basis. Independence becomes an issue as to whether the objectivity of Earnest Peat Co can be maintained. Basil Bond must be seen to be acting objectively in order to provide an independent view of the company and not on the conflicting interest of protecting his sisters investment. The Companys Act 1985 does not disqualify a shareholder or debtor/creditors of the company or close relative of an officer/employee for that matter, but each RSB has an ethical code, which includes threats to independence, and objectivity which would normally disqualify the auditor in the circumstances cited. Jenny Jordan, has also anticipated that she will also engage your firm to act as tax advisors. By providing additional services as well as performing the function of auditor the issue of independence may be raised in a both positive and negative light. The provision of other services may increase independence because of the value of the auditor to the client , i. e. due to value of service, and therefore there will be increased dependence of the client on the auditor. This essentially reduces the pressure of the client and results in the perception of greater independence On the other hand the greater the dependence of the auditor on the client because of the value of fee, thus reduces the auditors liability to withstand pressure and there independence is at risk. Jenny Jordan has enquired whether you or one of your partners could act as company secretary As auditor, Earnest Peat Co. must members of an RSB as an overall prerequisite for eligibility to act as a corporate auditor. At the individual company level the CA 85 states that a person is ineligible for appointment as auditor if he or she is an officer or employee of the company a partner or employee of such a person a partnership in which such a person is a partner. In light of this is a member of Earnest Peat Co. is appointed as company secretary, he or she couldnt be appointed as auditor as well. Other issues that may be of some relevance Size of firm: the audit firm; Earnest Peat Co comprises of three partners and therefore considered to be a small audit firm as opposed to large firms comprising of large numbers of partners and professional staff spread throughout the world with many offices. Resources Expertise Earnest Peat Co. must ensure that there are adequate resources for example staffing the audit with staff with the necessary expertise in order to maintain the integrity of the audit independence. Earnest Peat Co. comprises of three partners who are registered auditors and accountants and therefore it must be questioned whether or not this is enough. This is can be used as an indication of the dependence of the audit firm on the client, as Earnest Peat Co are of a small nature the portion of fee generated by taking on Gadget Audit may exceed 10% of the practices annual income, hence over reliance to obtain the contract to act as auditors will have an adverse affect independence, as Gadget may go elsewhere.

Reader Response to Memoirs of a Geisha Essay -- Memoirs of a Geisha Es

Reader Response to Memoirs of a Geisha Memoirs of a Geisha is Arthur Golden's debut novel, written exquisitely with great detail. It was initially written as a novel that would depict the son borne of a geisha and a Japanese businessman, but once he had learned the true nature of a geisha, he changed his topic. Golden discovered the intrigue of the geisha - the attributes that draw in the geisha's customers, that make them an irreplaceable part of Japanese history, that make them human as well as the ideal of what a woman should be. When these features were displayed through Sayuri's voice, the novel became an emotionally enrapturing story, which drew in the reader and captivated the heart. I, personally, was affected deeply by this novel. I have always been drawn in by Japanese culture, even as a child. When I learned of the geisha for the first time, I thought I even wanted to be one someday. While reading this novel, any fantasies I may have had of what a geisha was were completely reshaped. Thi s novel convinced me that the geisha truly were artists - they were trained and hired as musicians, dancers, conversationalists, jokesters, and "drinking buddies", so to speak. The geisha incorporate both the demure and the vulgar aspects of the human spirit, and created instead a playful and desirable companion for the stressed and lonely businessmen. When I learned of the "mizuage," the supposed Japanese term for the occasion upon which a young geisha's virginity is auctioned off to the highest bidder, I was absolutely shocked. Here was a culture that had prided... ...d my eyes to new styles of writing. While the writing was simple, it crossed the same barriers that were emotionally crossed throughout the novel. Initially I did not think it possible, but after reading the novel I found it to be true - it is possible for people to truly understand one another despite any boundaries. Whether they be due to gender, age, culture, politics, or any other reason, these boundaries can be overcome by simply learning about one another, about everyone's own personal histories, and trying to understand them as people rather than objects. Memoirs of a Geisha defied many boundaries and was able to create an intimate - and greatly appreciated - relationship between the reader and a fictional geisha from, essentially, another world. It was truly an incredible novel.

Ethical Issues Report Essay

SeaWorld is a public company that is facing a significant ethical issue right now, mostly in part to the release of the documentary Blackfish. This documentary takes viewers inside the capture, training and marketing of these Killer Whales for the sole profit of the company. It also highlights the breeding, training and housing of these magnificent mammals. It brings many ethical issues to the table. 1) Should any wild animal be taken from its natural home and forced to live in captivity? 2) Should these animals then be forced to â€Å"perform† for our entertainment purposed? And finally 3) Should these animals be treated as objects and put thru artificial insemination, separated from family members and subject to inbreeding all while SeaWorld knows that this is making the whales lives beyond inadequate and causing not only death to the animal but to numerous trainers involved as well. Blackfish is a documentary made in 2013 by director Gabriela Cowperthwaite. It focuses on Tilikum (Tili), an orca forced by SeaWorld to live in captivity. It highlights the health issues, the whale-on-whale and whale-on-trainer aggression as well as the compromised lives and social experiences of SeaWorld’s killer whales. Tili is involved in deaths of 3 individuals and is a direct result of keeping killer whales in captivity. The film covers the captivity of Tili in 1983 off the coast of Iceland where he was torn away from his family. It then goes on to show the lack of social interaction these whales receive in captivity; causing grief, stress and anxiety all while being forced to perform. It makes an effort to show that although SeaWorld tried to promote their whales â€Å"wonderfully social and fulfilling† lives it is fact doing just the opposite. Not only that, but only .06% of all revenues SeaWorld actually puts towards conservation. Should wild animals be held in captivity at all? â€Å"Animals are often prevented from doing most of the things that are natural and important to  them, like running, roaming, flying, climbing, foraging, choosing a partner, and being with others of their own kind,† PETA writes in a web fact sheet. â€Å"Zoos teach people that it is acceptable to interfere with animals and keep them locked up in captivity, where they are bored, cramped, lonely, deprived of all control over their lives and far from their natural homes.† True, not all animals in captivity have been ripped from their natural habitat and placed into a cage to be used as a spectacle for human entertainment, but when there is not environmental reason or risk to the animal, why do we do so? Whales are by no means lacking in ocean to swim in. Why, just because we think they look â€Å"cool† should they be subjected to living as we say they should? Former SeaWorld senior trainer John Hasgrove, who appeared in Blackfish, asked: â€Å"If animal care in captivity is truly the goal, why are SeaWorld’s killer whales still â€Å"in the same sterile concrete pools† the park has kept them in for decades? SeaWorld has since said it has spent $70 million into upgrading those killer whale habitats in recent years. Should these animals be forced to perform solely for our entertainment purposes? Humans are generally fonder of critters that seem to have more dynamic personalities and pronounced social attachments. Killer whales are just that. In the wild the stay with their families for generations and have their own communication sounds of clicks and whistles individualized to their pod. SeaWorld has long benefited from promoting this idea. Its killer whale shows, marketing and displays have made the company money for years. For a time, the park even ran a Shamu Twitter account. Lori Marino, a neuroscience lecturer at Emory University in Atlanta who appeared in Blackfish, has said killer whales are among the world’s most intelligent animals. Almost a decade ago, Nova Scotia based biologist Hal Whitehead claimed orcas the second more â€Å"cultural† species. â€Å"They have their way of doing things, which they’ve learned from their mother and their other relatives,† Whitehead told the newspaper. The documentary states that the orcas suffer from broken teeth because they rub and ram equipment in their tanks and that they sometimes regurgitate their food all out of boredom. It also points out that captivity leads to violence and shortened live spans. Finally, are these animals’ just objects and are we under obligation not to  encourage and support this abuse? Is keeping these whales in captivity overshadowing any good that SeaWorld is doing? Is there a moral obligation that we have to protect these creatures from artificial insemination that is often the result of inbreeding? Do we have a right to separate the calves from their mothers just to allow another park, sometimes half way across the globe, a chance to showcase a killer whale? Should be â€Å"training† these whales to do human decided tricks for profit? Where does money no matter hold importance to the damage that we are doing to our environment ethically? How can one say that we have a right to remove an animal from its family and its lifestyle and then tell our children not bring a wild rabbit into the house? These animals, once raised in captivity cannot be returned to the wild, but how can we justify continuing to force breeding and incest? What does it stay about our intelligence and our ethical moral if we do not put an end to this mistreatment of such creatures?

Homosexuality in William Shakespeares The Merchant of...

Homosexuality in William Shakespeares The Merchant of Venice With every great story line comes a theme. William Shakespeare created an art of intertwining often unrecognizable themes within his plays. In Shakespeare’s play, The Merchant of Venice, one hidden theme is the idea of homosexuality. This theme might not have even been noticed until modern Shakespeare fans discovered them. According to Alan Bray’s book, Homosexuality in Renaissance England, â€Å"the modern image of ‘the homosexual’ cannot be applied to the early modern period, when homosexual behavior was viewed in terms of the sexual act and not an individuals broader identity.† (Columbia University Press). This difference between homosexuality as a â€Å"sexual act† and an†¦show more content†¦This is where the link of Antonio’s homosexual feelings towards Bassanio can be seen. In the end, Antonio is unable to pay Shylock back on his loan. Antonio, on the verge of having a pound of flesh taken, directs a speech toward Bassanio regarding his love for him. A closer look at this particular speech, which occurs in Act IV Scene I, can help the reader to better understand Shakespeare’s intricate wording that portrays homosexuality in Antonio. The word â€Å"love† is used numerous times in this seventeen line speech given by Antonio. According to the Oxford English Dictionary, the word â€Å"love†, as a verb, was used by Shakespeare in his plays meaning â€Å"to entertain a strong affection for; spec. to have a passionate attachment to a person of the opposite sex; to be in love† (OED). During this speech, Antonio preaches to Bassanio, â€Å"Say how I lov’d you, speak me fair in death† (4.1.271). Taking this statement and placing it against the definition provided, the reader can see that Antonio holds more than just a friendly love towards Bassanio. Before he is about to die, Antonio professes his love to Bassanio. One would think that Antonio would feel angry that he was unable to fulfill a contract that he didn’t benefit from. Instead, he chooses his last words as loving ones toward another man. Another instance in which Antonio uses the word â€Å"love† is in noun form. According to the OED, â€Å"love†, as a noun used byShow MoreRelated Merchant of Venice Essay: Antonios Love for Bassanio1721 Words   |  7 PagesAntonios Love for Bassanio in The Merchant of Venice  Ã‚     Ã‚  Ã‚   Antonio feels closer to Bassanio than any other character in The Merchant of Venice. Our first clue to this is in the first scene when, in conversation with Antonio, Solanio says, Here comes Bassanio, your most noble kinsman, / Gratiano, and Lorenzo. Fare ye well: / We leave you now with better company (i. i. 57-59). Once Antonio is alone with Bassanio, the conversation becomes more intimate, and Antonio offers an indebted BassanioRead MoreThe Homosexual Relationship Between Antonio and Bassanio in William Shakespeare’s the Merchant of Venice1673 Words   |  7 PagesThe Homosexual Relationship Between Antonio and Bassanio in William Shakespeare’s The Merchant of Venice Tsun-Hsien Tsai Sophomore Student, Department of English National Changhua University of Education There are many pairs of male adults with honorable masculine friendships appearing in William Shakespeare’s popular plays, such as Antonio and Bassanio in The Merchant of Venice, Antonio and Sebastian in Twelfth Night, the two kings Leonates and Polixenes in The Winter’s Tale, and so on. No matterRead MoreAnalysis Of The Movie The Merchant Of Venice 1918 Words   |  8 PagesPerformance Analysis of T he Merchant of Venice Jordan Thomas Mullineaux-Davis William Shakespeare has regularly throughout time been referred to and could be viewed as anti-Semitic because of the cultural implications within many of his plays. A particularly strong example of this could be The Merchant of Venice. This essay will explore arguments of post-colonialism within The Merchant of Venice, discussing the pertinent issues of anti-semitism, racial isolation and prejudice. It will also commentRead MoreThe Role of Prejudice in the Merchant of Venice2395 Words   |  10 PagesThe Role of Prejudice In The Merchant of Venice This paper discusses the subject of prejudice in the William Shakespeare play, The Merchant of Venice. I. Introduction William Shakespeares satirical comedy, The Merchant of Venice, believed to have been written in 1596 was an examination of hatred and greed.The premise deals with the antagonistic relationship between Shylock, a Jewish money-lender and Antonio, the Christian merchant, who is as generous as Shylock is greedy, particularlyRead MoreGender Roles And Roles Of William Shakespeare s The Merchant Of Venice 1837 Words   |  8 Pages Gender plays an important role in Shakespeare’s comedies. Cross gender roles and cross dressing are essential not only for the inherent humour of the situation but also for the advancment of the plot. English Renaissance stereotypes of women and men and their various roles and responsibilities in society are reflected in Shakespeare. What sets Shakespeare apart is the fact that he also challenges, and at times even breaks down those stereotypes especially in his comedies. Hamlet may proclaim â€Å"FrailtyRead MoreEssay on The Merchant of Venice2952 Words   |  12 PagesThe Merchant of Venice is shows the dynamics of love and to what extent humans will go to show love, they will use their wealth and even be prepared to give up their life for the people they love. Both Antonio and Portia love Bassanio differently. Portia perceives Antonio’s phileo in competition with her eros, (both forms of love will be defined later) and throughout the play she is seen trying to defe at Antonio’s phileo and she does this by subjugating Antonio, firstly with her wealth, she offersRead MoreA Brief Introduction to William Shakespeare2056 Words   |  8 PagesA Brief Introduction to William Shakespeare Yet he was more original than his originals. He breathed upon dead bodies and brought them into life. Ralph Waldo Emerson William Shakespeare is the most famous writer of all time, he is the greatest poet England has ever seen, he gave the English a new sense of identity and a new language, and gave the world characters they have loved ever since. Shakespeares success as a playwright depended in part upon royal patronage, he performed his plays in frontRead MoreRelationship Between Antonio And Bassanio1609 Words   |  7 PagesIn William Shakespeare’s The Merchant of Venice, there have been two main interpretations of the relationship between Antonio and Bassanio. Some have speculated that the relationship between the two men is homosexual, while others believe that the relationship is purely a male friendship. This conflicting opinion is depicted through the 1973 film production directed by John Sichel and the 2004 film production directed by Michael Radford. The 1973 film portrays a male friendship, whereas the 2004