The Code of Professional Conduct for Auditors - 1516 Words

All organizations have a code of conduct, whether they have established them or not. This code creates a set of expectations and builds a framework to guide their members in all actions and operations. The code of professional conduct for auditors is one of extreme importance. The six main principals include the following: responsibilities, the public interest, professional due care, objectivity and indepdence, integrity, and the scope and nature of services. The manner in which an auditor performs and incorporates these six principals in his or her duties has a great effect on how they are viewed by clients, colleagues, and society, and any discovered disloyal actions results in costly punishments. Section 52 of the code of conduct, created by AICPA, states that the auditor must carry out their responsibilities as professionals. Although this seems like a simple and straightforward requirement, one would be quite surprised to learn how some auditors have interpreted this while performing audits. One case involves the nutrition company Herbalife and former KPMG audit partner Scott London. Scott London, an auditor of 30 years, leaked insider trading information to a friend, Bryan Shaw, who was in need of financial help. Shaw was able to use Londons confidential information to earn over 1 million dollars. He thought he was helping a friend, but in the end he put his career, reputation and life at stake. Recently, London was sentenced to prison for fourteenShow MoreRelatedThe Code Of Professional Conduct885 Words   |  4 PagesWeaknesses Conflictions in the Professional Code The AICPA Code of Professional Conduct, regardless of its numerous strengths, the Code of Professional Conduct has some serious weaknesses. The accounting profession is constantly changing and making improvements. The first weakness in the Code of Professional Conduct deals with conflictions within the code due to the code being constantly updated (Dienhart, 1995). Dienhart, Lunday, and Tavani have all criticized professional codes because the directivesRead MoreThe Case Of Cardillo Travel Systems Essay1554 Words   |  7 PagesSituations arise that cause companies to conduct or record fraudulent transactions to deceive the stakeholders or in the case of Cardillo Travel Systems, meet court orders. Cardillo Travel Systems, ranked as the fourth largest company in the travel agency industry, was founded in 1935 and purchased by A. Walter Rognlien in 1956. After being acquired by Rognlien, annual revenue increased steadily but expenses were increasing at a more rapid rate. By 1985, Cardillo was involved in a lawsuit and a courtRead MoreAicpa Code Of Professional Conduct1589 Words   |  7 PagesAICPA Code of Professional Conduct: AICPA’s Principles on Ethics Abstract Life is all about making decisions. Every day we are faced with situations that lead us to making decisions. At times those decisions might be wrong, sometimes right. When facing a dilemma it’s easy to make a decision, but it’s even more difficult to make a right and ethical decision. Any person can make a decision, but they won’t always make the right decision. Decision making gets tougher when it comes to making the rightRead MoreWhy Ethics Are Important to Auditors1355 Words   |  6 PagesCompany Auditor. In financial accounting, an audit is categorized by the self-governing evaluation of the justice by which a companys financial statements are presented and prepared by and to its supervisor. This task is largely performed by the trained, experienced, self-governed and intent persons, known as accountants or auditors. Auditors are on the whole very informed with every characteristic of auditing and they in turn matter a report known as auditor’s report. Since, the auditor acquireRead MoreAccounting and Ethical Practices727 Words   |  3 Pagesfuture. (Foreign Corrupt Practices Act, 2013) B Identify and discuss at least four ethical implications of those acts by Gilbert that were in violation of the AICPA Code of Professional Conduct. The case, is illustrating how failing to reveal the loan on the property is a violation of the AICPA Code of Professional Conduct. The most notable include: not acting in the interests of the public, utilizing integrity, maintaining objectivity / independence and due care. In this situation, GilbertRead MoreStandard Issues: Aicpa993 Words   |  4 Pagescreated a code of professional conduct that all certified public accountants must follow. This code of conduct lists the responsibilities CPAs have when working with a company s financial information. The AICPA also includes information regarding the integrity, objectivity, independence and due care that CPAs must use when working in the accounting industry. The AICPA offers an ethics course for accountants to refresh their understanding of accounting ethics. The AICPA professional code of conductRead MoreWhy Do An Audit Free Of Interference From Management? Essay946 Words   |  4 PagesINTRODUCTION Independence means to me that as an Auditor that the financial statement is prepared factual and unbiased. Independent from anyone that may have some form of financial interest in that firm that is being audit. The auditor must have integrity and objective in is approach to the audit process. As an accountant you must be morally strong people will test you moral but you have to be able to say no matter what the outcome will be. Independent mean to be able to do an audit free of interferenceRead MoreEthics And The Auditing Culture : Rethinking The Foundation Of Accounting And Auditing974 Words   |  4 Pagesto unethical behavior and financial scandals of Enron, WorldCom, and Arthur Anderson (p. 271). The authors emphasize the role of the AICPA Code of Conduct and ethical perspectives for accountants and auditors. Introduction. The authors study profiles of firms that included the accounting fraud. The main objective of the research is to improve the ethical conduct for accountants through the demonstration of the gap between constituted rules and its implementation in practice using the Enron and ArthurRead MoreAuditing Procedures And Reports Used By Auditors Essay976 Words   |  4 Pagescontrast of audit procedures and reporting that is used by auditors. This paper also compares the Explanatory Report to the Standard Report. An audit can be very complex in its process of checks that ensure information is correct as recognized. Auditing looks like a numbers-based analysis and it is imperative to be able to audit the procedures of the past to recommend future improvements for success. Audit Reports There are a number of auditor reports that exist. These include unqualified, explanatoryRead MoreMr. Friehling – a Future Auditing Case Study1206 Words   |  5 PagesDavid Friehling will quite possibly be a future case study in auditing textbooks and courses throughout the United States. Mr. Friehling was the auditor for Bernard Madoff, who was recently convicted of running the largest Ponzi scheme ever uncovered through his business, Bernard L. Madoff Investment Securities, LLC (BMIS). Mr. Madoff claimed to actively oversee more than $65 billion in private investments (it was later revealed that roughly $823 million remained of the more than $170 billion that

A Study On Type 2 Diabetes Mellitus - 2468 Words

Type 2 diabetes mellitus (T2DM) is becoming rapidly more prevalent worldwide, owing largely to the growing obesity pandemic. According to the international diabetes federation, 1 in every 10 people will suffer from T2DM globally by 2035. (1) Various prevention strategies have been developed focusing on weight loss reduction via increased exercise and diet modification. Medications and bariatric surgery are additional strategies considered for prevention of T2DM. The pathogenesis of T2DM involves a combination of insulin resistance and beta cell dysfunction. Insulin sensitivity and beta cell function are known to decrease with increasing age, however, there are several other risk factors which allow the disease to present earlier in life. These risk factors include, genetics, ethnicity, high BMI, increased waist circumference, physical inactivity, hypertension, impaired glycaemia, dyslipidaemia and smoking. (2) Prediabetes is the state of impaired glycaemia, before diabetic criteria are met. It can be classified by impaired glucose tolerance (IGT), an OGTT between 7.8-11.1mmol/l, or impaired fasting glucose (IFG), a fasting glucose between 6.1- 6.9mmol/l. It is imperative to identify these prediabetic individuals as they are at high risk of developing T2DM, with 1 in 4 developing the disease within 3-5 years. (3) The NHS health check programme was established in 2009 to identify 40-74 year olds with previously undiagnosed vascular disease. (4) The check includesShow MoreRelatedCase Study : Diabetes Mellitus Type 22136 Words   |  9 Pages Case Study #1: Diabetes Mellitus Type 2 Monay Link The University of Tampa Case Study #1: Diabetes Mellitus Type 2 Diabetes Mellitus (DM) is an endocrine disorder that has the potential to affect various major organs throughout its progression. Diabetes Mellitus is divided into three common categories: type 1 diabetes mellitus, type 2 diabetes mellitus (non-insulin dependent), and gestational diabetes. Ninety percent of over 24 million people suffer from type 2 diabetes in the UnitedRead MoreA Study On Type 2 Diabetes Mellitus778 Words   |  4 PagesType-2 Diabetes Mellitus (T2DM) in African American Adults The high-risk populations are individuals with increased propensity to greater risk of poor mental, physical, emotional, and social health (Olokoba, Obateru, Olokoba, (2012). The high-risk individuals are susceptible a decreased functional status, and diminished quality of life. In many populations, the causes of the high-risk vulnerabilities are due poor utilization of health care services, poor disease management, and to aRead MoreT2DM ( Type 2 Diabetes Mellitus : A Study743 Words   |  3 Pages A study detailing the occurrences of T2DM(Type 2 Diabetes Mellitus), and correlating them with the epigenetic modifications, the possible heritable effects on body metabolism, and the potential processes underwent by exercise and diet choices which affect the epigenome across generations has been conducted.While research on the epigenetic signatures causing insulin resistance, influenced by exercise and physical activity, and attempts to identify therapeutic solutions to avoid obesity and boostRead MoreDiabetes Mellitus Essay1600 Words   |  7 Pages Diabetes Mellitus Type 2 In Children INTRODUCTION: Diabetes is not a single disease it is a multifactorial group of syndromes all characterized by an increase in the level of blood glucose that occurs due to lack of presence of insulin. Mainly, the less release of insulin leads to excess deposition of glycogen which is a peptide hormone synthesized by the pancreas and plays a role in raising the level of glucose in blood. (Mycek, 2007). Diabetes is usually divided into two types, insulin dependentRead MoreA Study Aims Toidentify The Effectiveness Protein Management Education Essay1557 Words   |  7 Pagescauseof4.6milliondeaths. In addition,health expenditurefordiabetes mellitushas reached465billionUSD. Complicationsexperienced bypatients withtype 2 diabetes mellitusthatcauses the suffererto experiencedependencein regulatingdietary patterns. Ketidakmandirianpatientsin managingthe dietdue toa lack of knowledgeandlack ofmotivationin self-care. This study aims toidentify theeffectiveness ofDiabetesSelf-Management Education toindependenceyipe2diabetic patientsin managingthe diet. This research is anexperimentalPreRead MoreSelf-Care of Patients with Newly Diagnosed Type-2 Diabetes Mellitus1152 Words   |  5 Pageswith newly diagnosed type-2 diabetes mellitus. The related literature is presented under the following sub headings. Section A:Literature related to various aspects of type-2 diabetes mellitus. Section B:Literature related to self-management skills of patients with type-2 diabetes mellitus. Section C: Reviews related to effectiveness of diabetes education on newly diagnosed patients with type-2 diabetes mellitus. SECTION A: LITERATURE RELATED TO TYPE-2 DIABETES MELLITUS Diabetes is a metabolic diseaseRead MoreEssay on Diabetes Mellitus1282 Words   |  6 PagesDiabetes mellitus is a collection of common metabolic disorders. The scenario of passing large amount of urine is described by the Greek and Roman physicians as diabetes whereas the term mellitus refers to sweet taste (Barrett, Barman, Boitano, Brooks, 2012). The name of the disease reveals one of the important clinical manifestation, that is, passing sweet-tasted urine, and in the other word, the presence of sugar in the urine. Besides that, Funk (2010) stated that there are three most commonRead MoreSelf Monitoring Of Blood Glucose786 Words   |  4 Pages4. Self-monitoring of blood glucose (SMBG) NICE NG28 Type 2 Diabetes in Adult: Management7 recommends that we refer to the DVLA â€Å"At a glance guide to the current medical standards of fitness to drive† when offering SMBG to those with T2DM We should be routinely offering SMBG to those with T2DM if: †¢ The person is on in sulin†¢ There is evidence of hypoglycaemic episodes†¢ The person is on an oral drug that increases the risk of hypoglycaemia whilst driving or operating heavy machinery (e.g. sulphonylureas)†¢Read MoreTypes And Types Of Type 2 Diabetes Mellitus1496 Words   |  6 PagesType 2 diabetes mellitus comprises of a collection of various dysfunctions that are characterized by presence of hyperglycemia as well as being occasioned from the combination of insulin action resistance, inappropriate or excessive secretion of glucagon, and insufficient secretion of insulin. With Type 2 diabetes mellitus, the body is either resistant to the effects of insulin, which is a hormone that is responsible for regulation of the movement of sugar into the body cells, or the body does notRead MoreType Ii Diabetes Mellitus. â€Å"In 2010, An Estimated 25.81470 Words   |  6 PagesType II Diabetes Mellitus â€Å"In 2010, an estimated 25.8 million people in the United States had diabetes mellitus, of which approximately 1 million have type 1 diabetes and most of the rest have type 2 diabetes † (Papadakis et al., 2014) That means that in 2010 about 24.8 million people suffered from type 2 diabetes. Diabetes mellitus is impaired insulin secretion and variable degrees or peripheral insulin resistance leading to hyperglycemia (Porter, Kaplan, 2011). Type II diabetes has become more

Writing Assignment One free essay sample

Which is the control group? Why? I feel that the control group are the mice that primarily drank water because of the fact that they primarily drank water it separated them from the rest of the experiment. By the mice only drinking water it did not subject them to a big change as those who only drank coffee and the investigators did not want to have some type of influence on the results from the mice that primarily drank water. 3. Which is the treatment group? Why? The treatment group are the mice that primarily drank coffee because they were subjected to change and that change is what manipulated their blood glucose levels. We will write a custom essay sample on Writing Assignment One or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 4. Did the researchers follow the scientific method in their experimental design? Explain. I do feel that the researcher follow the scientific method because they wanted to successful determine the cause and effect of drinking primarily water or primarily coffee on blood glucose levels. They completed the experiment in a way that the changes to the mice that primarily drank water didn’t affect the changes to the mice that primarily drank coffee. By separating them it made the experiment successful and accurate. The investigators constructed a hypothesis, design how to determine, designed the experiment, executed and evaluated with valuable results. 5. Do you think that there may be any possible biases or other problems in this experiment? Explain. For the simple reason that they separated the mice, study them at the same time frame providing with the equal amount of fluids given to both I feel that it is correct but the problem with the experiment is that there were more mice studied for drinking primarily water then those drinking primarily coffee. Had the investigators had the equal amount of each I feel that I would have been even more effective and accurate. 6. Based on the data, was the hypothesis supported, and what can you conclude from this experiment? I do feel that the hypothesis is supported because it does show a huge difference on the effect blood glucose levels for drinking primarily coffee over drinking primarily water. From this experiment I can conclude that if someone drinks primarily coffee you blood glucose concentration will be lower than drinking primarily water. Now I wouldn’t advise anyone to only drink coffee but I would advise to drink an equal amount of water and coffee to maintain blood glucose concentration.

The affliction of Margaret by William Wordsworth Essay Sample Example For Students

The affliction of Margaret by William Wordsworth Essay Sample The affliction of Margaret by William Wordsworth tells the story of Margaret, a woman who has lost her son, and she hasnt seen him for 7 years. The poem is a lament, which expresses all of Margarets feelings and anxieties as the poem progresses; she imagines all the possible horrible fates, which her son may have faced. Overall, the poem captures the universal fear any parent would feel if their child was missing. This poem makes the fact that she thinks her son is dead really stand out by placing lines in the poem that are a kind of question of whether her son is dead or not if the grave be now your bed which is clearly an indication of whether he is dead or not, she is saying that if he is dead then the coffin, grave is his bed. She says in this poem that she was never ashamed of him never blush was on my face she says it like he is dead, because she could have said there is never a blush on my face, but instead she doesnt and says something else which assumes that he is dead. She always brags about him, she thinks that he is the perfect child, he was well brought up, and she also says that she is the perfect mother and doesnt know why he would want to run away, she is a bit of a big head. We will write a custom essay on The affliction of Margaret by William Wordsworth Sample specifically for you for only $16.38 $13.9/page Order now In the first stanza Margaret sounds really upset, and the poem makes the reader sympathize with Margaret where art thou my beloved son, where art thou, worst to me than dead. Here she is saying that she would rather him be dead, than not knowing at all, shed rather know how he is rather having the pain of wondering whether or not he is ok. In the second stanza she starts dreaming about him and all the good time that they used to have sometimes with thought of very bliss in this quote u can see that she is dreaming happy thoughts about her son, bliss is a very enjoyable word, it suggests pleasure and happiness. In the third stanza she says how good and well behaved he is, she makes him out to be the worlds most perfect child as any mother would after they had not seen him for seven years an object beauteous to hold; well born, well bred, I sent him forth. She didnt send him out into the world until he was perfect and ready. In the forth stanza she shows unconditional love fir her son. In this stanza she also shows that she is getting older and more distressed/upset years to mother bring distress; but do not make her love the less this is where she also shows unconditional love. In the fifth stanza she tries to get the reader to feel more sympathy for her by saying that her son has neglected her by disappearing neglect me! but she also shows unconditional love again by saying that pride will help her pride shall help me in my wrong. In the sixth stanza she loses faith and thinks that there isnt any chance of finding her son hopeless of honour and of gain she also says that possessions mean nothing to her unless she has got her son I now can see with better eyes; and worldly grandeur I despise, and fortune with her gifts and lies. In the seventh stanza she is saying that she cant get to her son and that he cant get to her because they are tied down chains tie us down. .u42a4181dfbb259af797add2bd5a3f163 , .u42a4181dfbb259af797add2bd5a3f163 .postImageUrl , .u42a4181dfbb259af797add2bd5a3f163 .centered-text-area { min-height: 80px; position: relative; } .u42a4181dfbb259af797add2bd5a3f163 , .u42a4181dfbb259af797add2bd5a3f163:hover , .u42a4181dfbb259af797add2bd5a3f163:visited , .u42a4181dfbb259af797add2bd5a3f163:active { border:0!important; } .u42a4181dfbb259af797add2bd5a3f163 .clearfix:after { content: ""; display: table; clear: both; } .u42a4181dfbb259af797add2bd5a3f163 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u42a4181dfbb259af797add2bd5a3f163:active , .u42a4181dfbb259af797add2bd5a3f163:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u42a4181dfbb259af797add2bd5a3f163 .centered-text-area { width: 100%; position: relative ; } .u42a4181dfbb259af797add2bd5a3f163 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u42a4181dfbb259af797add2bd5a3f163 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u42a4181dfbb259af797add2bd5a3f163 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u42a4181dfbb259af797add2bd5a3f163:hover .ctaButton { background-color: #34495E!important; } .u42a4181dfbb259af797add2bd5a3f163 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u42a4181dfbb259af797add2bd5a3f163 .u42a4181dfbb259af797add2bd5a3f163-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u42a4181dfbb259af797add2bd5a3f163:after { content: ""; display: block; clear: both; } READ: Dart and Go Fishing EssayIn the eighth stanza she is dreaming about all the horrible things that might have happened to her son maimed, mangled by inhuman men she is saying that people may have acted like animals and killed him, kind of like barbarians. In the ninth stanza she thinks because she doesnt believe in the spirit world she may never see him again that there was ever intercourse betwixt the living and the dead she also thinks that if her son isnt dead people are hiding her from him and that they wont tell her where her son. In the tenth stanza she is going pretty much insane, everything worries her I dread the rustling of the grass; the very shadow of the clouds have the power to shake me as they pass she sees the whole world as unkind because she has lost her son. In the final stanza she wants news of her son, and she wants someone to support her while shes all alone in the world I have no other earthly friend which clearly shows that she is alone.