Birmingham Bees Essay Example for Free

Birmingham Bees Essay The expectation should be precise enough to provide the desired level of assurance that differences that may be potential material misstatements, individually or when aggregated with other misstatements, would be identified for the auditor to investigate. As expectations become more precise, the range of expected differences becomes narrower and, accordingly, the likelihood increases that significant differences from the expectations are due to misstatements. The precision of the expectation depends on, among other things, the auditors identification and consideration of factors that significantly affect the amount being audited and the level of detail of data used to develop the expectation. Documentation of Substantive Analytical Procedures When an analytical procedure is used as the principal substantive test of a significant financial statement assertion, the auditor should document all of the following: The expectation, where that expectation is not otherwise readily determinable from the documentation of the work performed, and factors considered in its development Results of the comparison of the expectation to the recorded amounts or ratios developed from recorded amounts. Any additional auditing procedures performed in response to significant unexpected differences arising from the analytical procedure and the results of such additional procedures Expectations developed at a detailed level generally have a greater chance of detecting misstatement of a given amount than do broad comparisons. Monthly amounts will generally be more effective than annual amounts and comparisons by location or line of business usually will be more effective than company-wide comparisons. The level of detail that is appropriate will be influenced by the nature of the client, its size and its complexity. Generally, the risk that material misstatement could be obscured by offsetting factors increases as a clients operations become more complex and more diversified. Disaggregation helps reduce this risk. Expected ticket revenues for 2008 based on given assumptions and the predictability of results of events is $2,297,218. a. In planning the analytical procedures as a substantive test, the auditor should consider the amount of difference from the expectation that can be accepted without further investigation. This consideration is influenced primarily by materiality and should be consistent with the level of assurance desired from the procedures. Determination of this amount involves considering the possibility that a combination of misstatements in the specific account balances, or class of transactions, or other balances or classes could aggregate to an unacceptable amount. If Bee’s reported venues were outside the auditor’s reasonable range, the difference can be due to specific unusual transactions or events, accounting changes, business changes, random fluctuations, or misstatements. This is because the basic premise underlying the application of analytical procedures is that plausible relationships among data may reasonably be expected to exist and continue in the absence of known conditions to the contrary. Particular conditions such as those mentioned can cause variations in these relationships. a. The use of analytical procedures with minimal test of details provides the auditor with evidence to draw audit conclusions. The more reliance an auditor can place on analytical procedures, the less time he needs to spend on tests of details. Auditor objectives usually can be accomplished with less time and cost by applying analytical procedures rather than tests of details. In addition, the auditor may need to rely on analytical procedures when detailed evidence is not readily available for a particular item. It is also more cost effective and may provide evidence when other procedures would be ineffective. If the audit team decides to make use of analytical procedures for the company’s audit, the audit plan will be different in such a way that it would allot less working hours on testing of details. Analytical procedures should be used for Bee’s audit because of the following reasons: Bee utilizes another company, Tickets R Us, in the collection of its tickets. The involvement of a third-party provides lesser risk of manipulation by Bee or management override of controls, making data collected from said entity more reliable. Prior-year audit files are most reliable as Hickman and Snowden has personally conducted five years of extensive detail testing in auditing Bee’s ticket revenues. Previous audit files show that the total number of home games is mostly consistent, proof of which is the prior year’s record of a similar total number of games, with only a slight difference in the mix of weekdays and weekend games. The average number of per-game attendance has also been established by Hickman and Snowden and such can be used to identify the allocation of spectator attendance. Ticket prices are known and established and can be compared with prior year’s prices to determine the allowable increase in total sales revenue. Information from prior years’ audit files show that the sales mix has remained fairly constant over the last several years. It is known and established that attendance generally increases by 10% when there is a promotion. All these information serve as proof that an audit plan utilizing extensive details testing is not necessary. Five years of audit files – all of which conducted through extensive details testing, will provide Hickman and Snowden ratios, trend analysis and other pertinent information that will allow them to successfully and confidently complete the audit of Bee’s ticket revenues. References AU Section 329 Analytical Procedures, Retrieved February 11, 2009, from http://www.pcaobus.org/standards/interim_standards/auditing_standards/au_329.html

Life and Death in Cats Cradle :: essays research papers

Life and Death in Cats Cradle   Ã‚  Ã‚  Ã‚  Ã‚  Life is a struggle to defy the inevitable. Since the beginning of time man has contemplated his own death, labored over the meaning of life, and created religion to explain all that he can not understand. Death at some point will catch up with all of society and at some point the entire world as human beings have come to know it will come to an end. No one can hide from death or attempt to out run its ever-expanding claw; death is absolute. It is possibly the only certainty in all of human existence. Whether the sun explodes sucking itself into its own infinite gravity, or human beings finally manage to destroy this beautiful planet, life will end. All great societies have come to tragic anti-climatic ends. The Romans slowly poisoned themselves through their use of an amazingly complex lead piping system, and Athens feel eventually to an equally dismal fate. In our modern society the world has watched as many threats of global destruction have come and gone. The f act that currently the nuclear arsenal of the United States alone could easily destroy all of earth leaves many fearing that the end is near. The contemplation of ones eventual demise leads one to think that life is no longer worth the effort to live. In Cats Cradle the destruction of the world is realized by the invention of a substance capable of freezing all water on earth. Its inventor was a peaceful man, a man who invented for the sake of discovery, for the sake of the human race. It was only after his death, that the greed and stupidity of man allowed this substance to end all man has struggled to create. Throughout human existence man’s disregard for his home and his environment is evident in all aspects of cultural. This disregard for the frailties of nature will eventually lead to the death of all humanity.   Ã‚  Ã‚  Ã‚  Ã‚  In Cat’s Cradle the narrator John winds his way through the events that eventually lead to the destruction of the human race. Life to John is a quest; a quest that is defined finally by his new found religion Bokononism. He feels that everyone in his life revolves around him as they all search for something of meaning in their lives; this group is called a karass. Life is a gift that is never solicited and often unappreciated after given.

Image of Nursing Essay

Every nurse should be concerned with the overall image of nursing. Nursing is considered to be the most trusted, honest and ethical profession. The media and the public will continually critique how nurses perform in and out of the clinical setting. Nursing protocols and guidelines have shaped nurses into professionals who have a great deal of knowledge and experience in their particular field. The image of nursing has changed a lot over the years and each nurse has a personal responsibility to maintain a positive overall image (Gambrell, 2004). Nurses should ask themselves how to confront and address the negative images of nursing. We need to be aware of how our appearance affects the delivery of healthcare. Tattoos, piercings and scrubs are very influential in the eyes of the patient and their families. Popular TV shows also portray nurses in a certain way that could cause common misconceptions. In recent years more males have been entering the nursing field and are taking on more duties as role models and mentors who are admired and respected (Hoeve, 2013). Nurses should incorporate communication, collaboration, critical thinking and clinical judgment into every aspect of their job. These qualities should begin in school and will hopefully remain with the nurse for the entirety of their career. Every single nurse is ultimately responsible for how the profession of nursing is  viewed. The â€Å"image† of nursing is very subjective and therefore, no absolute definition exits. The majority of a nurse’s work is invisible to all except the patients, their families and the organizations they work for. We’re always being watched and a positive attitude can go a long way in the eyes of the patients and their families. Nurses traditionally don’t have a strong relationship with the media. They tend to focus more on human-interest stories rather than professional abilities. By publicly sharing aspects of our jobs we are then able to enhance the public’s image of nursing. The image of nursing will successfully be enhanced because we will be seen as professionals who care for each other and support one another’s professional growth . I believe that every nurse, from new grads to clinical nurse 4’s, is absolutely responsible for the overall image of nursing. Public opinion shapes political agendas. Because public opinion is often based on inaccurate images, nurses must participate in the public arena to shape our image (Gambrell, 2004). Nurses are not given due recognition for the skills they have by the majority of the public. The essence of nursing is not always clear and nurses still suffer from many stereotypes including gender. The media often depict nurses working at the patient’s bedside and performing repetitive and routine tasks, mostly as the doctor’s handmaiden. The public image of nurses does not always match their professional image; nurses are not depicted as autonomous professionals and the public is not aware that nowadays nursing is to a great extent a theory-based and scholarly profession (Hoeve, 2013). As nurses, we should always strive to uphold a positive public image, self-concept and professional identity. The self-concept of nurses and their professional identity are determined by many factors, including public image, work environment, work values, education and culture. A negative public image may challenge nurses to look for successful strategies to improve their self-concept and to show their invaluable contribution to the healthcare system. I’m very proud to be in this field. References Gambrell, M. (2004). Improving Our Image a Nurse at a Time. JONA: The Journal of Nursing Administration, 33(10), 510-511. Hoeve, Y. T., Jansen, G., & Roodbol, P. (2013). The nursing profession: public image, self-concept and professional identity. A discussion paper. Journal of Advanced Nursing, 70(2), 295-309.

French Lesson Does Tandis Que Need the Subjunctive

Does  tandis que  need the subjunctive or is it indicative? This is a common question among French students and theres an easy answer. The primary thing you must keep in mind is that the subjunctive relies on uncertainty and there is none in  tandis que, which means while. Does  Tandis Que  Require the Subjunctive? No, tandis que does not take the subjunctive.  Tandis que  means while or as; something is happening at the same time as something else. Je cuisine tandis quelle  nettoie.I cook while she cleans. The general rule that we are taught about the subjunctive  in French is that there needs to be a level of ambiguity to the statement. In the case of our example, there is no question that I am cooking or that she is cleaning and that the two actions occur at the same time. Elle faisait ses devoirs tandis que je lisais un livre.She was doing her homework while I was reading a book. Likewise, few people could dispute the following statement: Even though the cause of the fire may be in question, the fact that I was in bed when it started is not a matter of debate. Le feu a commencà © tandis que jà ©tais au lit.The fire started while I was in bed. This is the same issue that arises with  pendant que, which also means while. The two phrases are stating a fact and, therefore, are indicative. Il tond la pelouse tandis quelle plante des fleurs.He mows the lawn while she plants flowers.Il attend pendant quils  rà ©parent la voiture.He is waiting while they repair the car.