Accounting fraud Essay Example for Free

Accounting fraud Essay Accounting fraud can be defined as knowingly falsifying accounting records in order to increase sales revenue and net income. Accounting fraud is committed in corporations by means of showing false information, using funds for illegal purposes or inflate expenses, overstating revenues, understating expenses or overstating the value of corporate assets. All these activities are entirely unethical. Behaving ethically depends on the capability to recongnize the ethical issues and to believe on their existence. This ability to respond ethically at workplace related more to attributes of corporate culture than to attributes of individual employee Individuals often fail to realise their moral obligations at work and by being subject to world’s temptation fails to tread on their set ethical standards and behave unethically. People especially of todays generation are so much engrossed in their own different criterias of their lives that they almost forget to confine themselves to ethical boundaries that is why ethical decisions are always difficult to make and its foundation is based on several factors however if we talk about the decision by considering moral philosophies of a person; that depends on whether the person is making a work-related decision or personal-life decision. See more: Basic Economic problem of Scarcity Essay A person in the business sector might view of the problem by thinking differently beacause of the outside force and under the work pressure. However, the same decision might be unacceptable to him outside the work. The second reason of people changing moral philosophies could be the corporate culture where they work. Rules and personalities of a business culture person eventually effects on the person and exerts pressure to conform to the firm’s culture. Edward Hall (1959), described culture as a silent language, and defines it as â€Å"that part of man’s behavior which he takes for granted, the part he doesn’t think about, since he assumes it is universal or regards it as idiosyncratic.† Geert Hofstede (1993) defined it as â€Å"the collective programming of the mind which distinguishes one group or category of people from another.† (P.489) A culture followed in corporate or on industrial level is known as Meso- culture and every organisation has t heir own set agendas regarding ethics because work ethics plays a pivotal role at work place to rein employees to behave ethically and keeping into account the ethical dimensions. In most of the organizations, there are set rules and policies specifically formulated to make ethical environment. Every  organization has a culture which mainly comes from the side of upper management and the rest of the employees follows the set trends and culture of their own corporate sectors. The culture of the organization varies from organization to organization because of the different perceptions of the chief executive officers (CEO) and the Board of Directors (BOD). Individuals in practical lives tend to take decisions according to their own moral values and set standards however, in business it changes and is quite the other way round. People get pressurised often and take decisions whatever is percieved as right or wrong in their surroundings and also choose on producing the greatest benefits with least harm. Individuals cannot simply enforce their personal perspective, though they are responsible for their actions but the idea of middle- management or entry level employee to have the freedom to take decision on their own at the work place is unrealistic.For example, if an employee can attract more customers by giving bribe to someone in the business, his decision would rely on whether complying with company policy or requirements is an important motivation to the individual or not. So for that purpose, according to Drake and Drake (1988), â€Å" there is a necessity for the development of training programmes to implement corporate values. These programmes must explain the ethical and legal principles to the employees and show practical examples which can be used as a guidance.† (p.111) Thus, the set principles and policies regarding work ethics in an organization and in addition to that the training programs can guide, govern or direct the employees to follow ethics and helps in institutionalizing organizations. According to ethics consultant David Gebler, â€Å" Most unethical behaviour is not done for personal gain, it’s done to meet performance goals†. Mostly people are of the view that individual moral philosophies plays main role for the ethical behaviour in business. Although moral philosophies learned through family, religion and education are important but it is only one factor which helps in decision making; it is not sufficient to prevent ethical misconduct especially in the business sector. Studies show that the reward for meeting performances and the corporate culture are the main drive rs in ethical decision making because the companies have a life of their own and the individuals working in the company are transcended by its corporate culture and with the passage of time, these patterened activities become instituionalized within the  organization. Peer influence also effects to some extent in the decision making; employees can be lulled by each other in making unethical decisions or when facing with ethical dilemmas nonetheless, everything still surrounds around the corporate culture and its strict policies for the ethical behaviour because when the policies will be strict, every employee would strive hard for the performance goal. If I fit myself in a situation where I can easily inflate my account on company’s expenses, I would be swayed by the company’s culture. I might not even think of committing any fraud or inflate the expense on company’s account, if the company is strict in its policies. But at times, it also depends on an individual moral values of a person in taking decision which is transmitted normally from families. According to my vantage point, individual moral development for taking a decision is a secondary factor; what drives first instantly to the person to behave ethically is the corpo rate culture since a company cannot rely on every individual to behave ethically on their own. They cant just stand in front of people and say they want them to have a good attitude and be excited, says Pecos River president Elizabeth Wilson. Taking decision in practical life and in work life differs. People in their work lives are driven by some targets and goals which are triggered in them by the organisation where they work and that effects on their performance. Similarly, when they take decision in their work lives , they are not driven by their own values, the company’s formulated culture effects their decision making. Nevertheless, if a person takes any decision without any concern or reflecting on the ethical dimensions; these sort of misbehaviours are referred to as â€Å"unethical business practices† (eg Garrett et al.,1989; Giacalone and Jurkiewicz, 2003 ; King, 1986).According to Murphy (1989), â€Å"Ethics should be followed in corporate sectors in the form of corporate creed and ethical code. The former establishes the organisational ethical values whereas the latter is a specific set of guidelines which must be developed in all functional areas of the firm.† To conclude, business ethics plays a pivotal role in developing a corporate culture. Although, all the implementation of principles and ethics is a bit difficult procedure but it impacts on the employees in the organisation in higher degree and rein them from involving in unethical activities. â€Å"It is obvious that in principle individuals are more ethical if a corporation has a written, formal code and  less ethical otherwise.† (Vitell et al.,1993,p.336). Hence, according to Vitell, the idea of a formal written code for ethics works well in corporate sector. In addition, moral values of an individual which are mainly effected by religion, personal cognitive approach, family, beliefs, education et cetera also plays an important role in preventing the employees in taking any unethical decision, however, it is only a secondary factor for an employee has a performance goal in his mind while working and the decision forms according to a corporate culture and the ethics followed in organizations since a company cannot rely on individuals individually to have e thical standards and beliefs. For that purpose , there is a necessity of a corporate culture which work as the main driver to act ethically in a work- place and in situations related to corporate sector. REFERENCES: Arunchand, C H; Ramanathan, Hareesh N. Organizational Culture and Employee Morale: A Public Sector Enterprise Experience, Journal of Strategic Human Resource Management2.1 (2013): 1-8. Mickalowski, Kyle; Mickelson, Mark; Keltgen, Jaciel. â€Å" Apple’s Iphone Launch: A Case Study In Effective Marketing The Business Review, Cambridge9.2(Summer 2008). Retrieved from Proquest Database, viewed 29 September,14 Caulkin, S.: 2002, Good Thinking, Bad Practice, The Observer (7th April), 11 Claver, Enrique; Llopis, Juan; Gasco, Jose L. International Journal of Value Based Management15.2 (2002): 151-163 Drake, B. H.and E. Drake, (1988), â€Å"Ethical and legal aspects of managing corporate culture† California management review 30 (2), 107- 123 Fritzche, D. J.: 1995, Personal Values: Potential Keys to Ethical Decision Making, Journal of Business Ethics 14(11), 909–922. Retrieved from Proquest Database, viewed 5 May,14 Garrett D. E., J. L., Bradford.,R. A. Meyers., J, Becker :1989 Issues Management and Organizational accounts: An analysis of Corporate responses to Accusations of Unethical Business Practices, Journal of Business Ethics 8 (7), 507- 520, Retrieved from Proquest Database, viewed 6 May,14 Geert, H., Bond, M. H., Luk, C. L. (1993). Individual Perceptions of Organizational Cultures. Organization Studies, 14(4), pp. 483-503. Retrieved from Proquest Database, viewed 11 may,14 Hall, E.T. (1959). The Silent Language, New York: Doubleday Lincoln, D., M. M. Pressey and T. Little: 1982, Ethical Beliefs and Personal Values of Top Level Executives, Journal of Business Research (10), 475–487 Murphy Herta A., Effective Business Communication (7th Edition), Herbert W. Hildebrandt , Mc Graw- Hill. Nakano, Chiaki. Asian Business Management, suppl. Special Issue: Japanese Business Society in a Global Age6.2 (Jun 2007): 163-178. The Significance and limitations of Corporate Governance from the perspective of Business Ethics: Towards the Creation of an Ethical Organizational Culture, Retrieved from Proquest Database, viewed on 10 May, 14. Vitell, S. J., et al, (1993), ‘Marketing Norms: The influence of personal moral philosophies and organizational ethical culture’ Journal of the academy of marketing science 21 (4), 331-337, Retrieved from Proquest Database, Viewed on 12 May,14. Yallapragada, RamMohan R.; Roe, C. William; Toma, Alfred G.: Accounting fraud and white collar crimes in the US, Journal of Business Case Studies8.2 (2012): 187. Retrieved from Proquest Database, Viewed on 7 May,14.

Cleaning up Bodies of Water with the Rio Salado Project :: Environment Environmental Pollution Preservation

As I looked out the window of the restaurant, I could see the sun bouncing off the sparkling water below. Boats and other water craft scatter the water as well as people on water-skis and inner tubes. The picturesque view makes life seem so much better and just looking at the river makes a person calmer. The scene just described is the view from the window of a restaurant called Sophia in Minneapolis, Minnesota, and the corresponding river is the mighty Mississippi. Although Minnesota is the land of 10,000 lakes, this scene could be found right here in the valley of Phoenix. The way this is possible is through the Rio Salado Project. After the Roosevelt Dam dammed the Salt River in 1911, the bed that formed in its place has become a garbage-infested hole stretching through a large potion of the valley. In 1966 a group of architecture students at ASU first proposed the idea of the Rio Salado Project to a community-wide audience. It was approved by the legislature in 1980 and extensive planning has been underway since. The project will take 26 miles of the dry river bed, fill it in with purified wastewater, and make it into a 7,000-acre park over the next 2 decades (Rio Salado Development District 1). I believe that we should continue with construction on the Rio Salado Project because of all its benefits to the valley area. The plan I am proposing is comprehensive of many plans already proposed since Rio Salado was first an idea over 30 years ago. The difference is that my plan combines the positive features of many different plans to make a new one. This includes ensuring that Town Lake provides a safe environment for all activities, providing flood control, encouraging development along the river, promoting recreation, improving the regional quality of life, attaining the economic benefits of the area, while still maintaining the historical content of the area. Up until the early 1900’s, the Salt River flowed without any control or restraints. However, it was a burden for travelers on the trail leading from Prescott to Tucson. In 1911 the Roosevelt Dam was built upstream from Tempe and the flow was reduced until in the late 1930’s when the river ceased to flow altogether. Many people have often wondered what it would be like if the riverbed would once again be filled with water.

Fiction and Literature Outdoor Literature Essay

â€Å"When I read great literature, great drama, speeches, or sermons, I feel that the human mind has not achieved anything greater than the ability to share feelings and thoughts through language. â€Å"- James Earl Jones The major types of literature across the world are English, Greek, Latin, Roman, African, Indian, American, French, Irish, Spain, Chinese, Italian, Japanese, Persian, Sanskrit, Nepali, Russian and Canadian literature. Literature is a well-considered form of a language that influences the minds of readers of all age. Italian Renaissance is the age of Michelangelo and Leonardo da Vinci, whereas Greece Literature mostly comprises the literature of Greek Gods and Goddesses. Romanticism of Wordsworth is the literature which is oriented towards nature and can be considered to be reverse of classicism. Today’s era of Modernism and Post modernism uses artificial language based on ambiguity, satire and parody. Some authors choose long composition methods to link more than one story. Moreover, literature being a part of scientific language is also used to analyze grammar, usage, lexis and semantics. Kinds of Literature Fictional Literature. Drama: Drama is the theatrical dialog performed on stage, it consists of 5 acts. Tragedy, comedy and melodrama are the sub types of drama. e. g William Shakespeare, an Elizabethan dramatist composed the plays Hamlet, Romeo and Juliet, King Lear that are famous because of its combination of tragedy and comedy. Problem play, farce, fantasy, monologue and comedy of manners are some kinds of drama. Tragedy: It is a story of the major character who faces bad luck. Tragedy, elements of horrors and struggle usually concludes with the death of a person. The Illiad and The Odyssey by Homer are the two famous Greek tragedies. Comedy: The lead character overcomes the conflicts and overall look of the comedy is full of laughter and the issues are handled very lightly. The elements used in the comedy are romanticism, exaggeration, surprises and a comic view of life. Melodrama: Melodrama is a blend of two nouns – ‘melody’ and ‘drama’. It is a musical play most popular by 1840. Uncle Tom’s Cabin is one of the most popular plays describing cruelty of labor life. It has happy ending like comedy. Tragicomedy: The play that begins with serious mode but has a happy ending is tragicomedy. Prose Literature  History, journalism, philosophy, fiction and fantasy writings, scientific writings, children’s literature authors and writers are included in Prose Literature. Myth Myths are the fairy tales with lots of adventure, magic and it lacks scientific proof. Nursery rhymes, songs and lullabies are forms of myths that strike the interest of children. Creative and nature myth are stories of the stars and moon. Magic tales are wonderful tales of quests and fantasy. Hero myths are ideal heroes of adventure. Short story The small commercial fiction, true or imaginary, smaller than a novel is known as short story. Short stories are well-grouped that followed the sequence of easy and no complexity in beginning, concrete theme, some dialogs and ends with resolution. They are oral and short-lived which have gossip, joke, fable, myth, parable, hearsay and legend. Novel Novel can be based on comic, crime, detective, adventurous, romantic or political story divided into many parts. The major kinds of novels are: Allegory: The symbolic story revolves around two meanings. What the writer says directly is totally different from the conveyed meanings at the end. Political and Historical allegory are two forms of Allegory. Comedy: Satire is very common form in comedy novels and tries to focus on the facts of the society and their desires. Epistolary: The collection of letters or mails is the epistolary novels. Samuel Richardson’s Pamela and Henry Fielding’s Joseph Andrew are the few examples of Epistolary novels. Feminist: These types of novels are written by women writers around the world to describe the place of women in a male dominated society. E. g Virginia Woolf’s â€Å"A Room of one’s Own†. Gothic: Gothic fiction is the combination of both horror and romance. Melodrama and parody were grouped in the Gothic literature in its early stages. Ironic: Ironic novels are known for excessive use of narrative technique. It is satire on the contemporary society about cultural, social and political issues. Realism: The realistic novels are based on the truths of ordinary society and their problems. It focuses on the plot, structure and the characters of the novel. Romance: Love and relationship topics are handled optimistically in the romantic novels. It originated in western countries; basically the story revolves around love affairs of main characters. Some popular sub categories of romantic novels are paranormal, erotic, suspense, multicultural and inspirational romance. Narration: In narrative style, writer becomes the third person who narrates whole story around the characters. Naturalism: Naturalism is based on the theory of Darwin. Picaresque: It is opposite to romance novels as it involves ideals, themes and principles that refuse the so-called prejudices of the society. Psychological: It’s the psychological prospective of mind with a resolution. Satire: Satirical novels criticize the contemporary society. The most famous novels are Jonathan Swift’s Gulliver’s Travels (1726), Kingsley Amis’s Lucky Jim (1954), George Orwell’s Animal Farm and Randell Jarrell’s Pictures from an Institution (1954). Stream of Consciousness: James Joyce’s stream of consciousness is all about the thought coming up in the minds of the readers. A novel also constitutes categories on social and political aspects like proletarian, psychological, protest novel, government, didactic, materialist novel, allegorical novel, novel of engagement, naturalistic novel, Marxist novel, radical novel, revolutionary novel, anti-war novel, utopian novel, futuristic novel, anarchist novel, problem novel, social philosophy novel, novel of ideas, problem play and speculative novel. Folk Tale  Folk Tales are traditional stories that have been creating interest since ancient times. The children and old persons like religious story, magic and superstition as well. Fable, tall tales, cumulative, trickster and proverbs are the sub categories of folk tales. Mythology or legend is the ancient religious stories of origin and human civilization such as story of Robin Hood. Types of poetry Poetry is the spontaneous overflow of powerful feelings recollected in the tranquility. Greek poetry is found in free verse and we have rhymes in the Persian poem. Are you wondering how to write a poem, here are the followings forms of poem? Sonnet: Sonnet is the short poem of 14 lines grouped into Shakespearean and Italian sonnets. Ballad: The poems that are on the subject matter of love and sung by the poet or group of singers as telling readers a story. Elegy: This type of poem is the lamenting of the death of a person or his near one. Elegy Written in Country Churchyard by Thomas Gray is one of the famous poems marked as sad poems of the ages. Ode: Ode is the formal and long poem serious in nature. Allegory: Allegory is the famous form of poetry and is loved by the readers because of its two symbolic meanings. One is the literal meaning and another is the deep meaning. Epic and Mock epic: Epics are the narrative poems that convey moral and culture of that period. The Odyssey and Iliad are one of the largest philosophical epics written by Samuel Butler. Rape of the Lock is the great mock epic focusing on the minor incident of cutting of a curl. Lyric: It has Greek origin that gives a melody of imagery. It is the direct appeal of a poet to the readers about any incident or historical events. Lyrics are most of the time similar to ode or sonnets in the form. Nonfiction Literature: Nonfiction Literature is opposite to fiction as it is informative and comprises the interesting facts with analysis and illustrations. Main types of Non- fiction literature Autobiography and Biography An autobiography is the story of the author’s own life. ‘Family Life at the White House’ by Bill Clinton is focused on his life and achievements. ‘Wings of fire’ by Dr. A. P. J. Abdul Kalam, Mein kampf of Adolph Hitler are the autobiography books on real life. Essay Generally the authors’ point of view about any particular topic in a detailed way is an essay. Essay has simple way of narrating the main subject; therefore they are descriptive, lengthy, subject oriented and comparative. Different types of essay: Personal essay, expository essay type, response essay, process essay, persuasive essay, argumentative essay, critical essay type, interview essay, reflective essay type, evaluation, observation essay, comparison type of essay, application essay, compare and contrast essay and narrative essay type. Literary criticism It is the critical study of a piece of literature. Here critics apply different theories, evaluation, discussion and explanation to the text or an essay to give total judgments. Plato, Aristotle, T. S. Eliot, Saussure and Frye are some of the famous critics. Travel literature It is the narration of any tour or foreign journey with the description of the events, dates, places, sights and author’s views. Francis Bacon’s natural philosophies in the middle of Seventeenth century is one famous example of travel literature. Diary Diaries are the incidents recorded by the author without any means of publishing them. It is the rough work of one’s daily routine, happenings, memorable days or events in their life. E. g. Anne Frank’s ‘Diary of a Young Girl’ was published by her father in 1940s; it’s a story of a girl trapped during German invade Amsterdam. Diaries consists of business letters, newsletters, weather listing. In today’s world of Internet, writers write in blogs, forums, polls and social networking sites to convey their thoughts. This also is a form of diary writing. Some profound forms of diaries are online diary, travel, sleep, tagebuch, fictional, dream and death diaries. Journal Journal is one of types of diaries that records infinite information. They are of following types: Personal: It is for personal analysis. In this journal one can write his goal, daily thoughts, events and situations. Academic: It is for students who do research or dissertation on particular subjects. Creative journals: Creative journals are the imaginative writing of a story, poem or narrative. Trade: Trade journals are used by industrial purposes where they dictate practical information. Dialectical: This journal is use by students to write on double column notebook. They can write facts, experiments, and observation on the left side and right side can be a series of thoughts and response with an end. Newspaper It is a collection of daily or weekly news of politics, sports, leisure, fashion, movies and business. Magazine Magazines can be the current affairs or opinions well collected covering various content. Frame Narrative The psychoanalysis of human mind is present in a frame narrative. Here we find another story within the main story. Some of the popular narratives are Pegasus, Wuthering Heights, The Flying Horse, The Three Pigs, A Time to keep and the Tasha Tudor Book of Holidays. Outdoor literature Outdoor literature is the literature of adventure that gives whole exploration of an event. Exciting moments of life such as horse riding, fishing, trekking can be a part of literature. Some outdoor books are ‘The Adventures of Tom Sawyer’ by Mark Twain, ‘Treasure Island’ by Robert Louis, ‘Voyages’ by Richard Hakluyt and ‘A Short Walk in the Hindu Kush’ by Eric Newby. Narrative form of Literature Today we find movies, audio and video CD’s and Cassettes that present current literature in use. Digital poetry is an upcoming trend too. Comic books, cartoons, eBook and Internet games are the learning methods for children. Literature includes centuries, human nature, cultures and souls. Isn’t it?

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