Tuesday, May 26, 2020

Horse Essay Topics - How Important Are They?

Horse Essay Topics - How Important Are They?Horse essay topics can be very helpful if you are looking for a topic that can be used in your writing to teach your readers about the basics of the subject. You should look into whether it is able to help you or not. Most of the essays have been based on the research provided by the experts on the different subjects that can be explored.Horse essay topics are necessary when you are going to write a good research papers. There are many people who are trying to get their final grades to improve. As the grades depend on the actual grading that you give, a good grade can be given to the work as well. Thus, you must make a note of these topics so that you can focus on them so that you can achieve the best grades.You can use horse essay topics to give more importance to some topics of your paper. However, you must remember that you cannot keep on using the same topic for each and every paper. Thus, the topics that you use in each paper must be d ifferent.Horses are one of the favorite topics to start with and the horse essay topics will make sure that they are given a good understanding. Moreover, the topic will be very interesting for the students who are interested in the topic. This will be very helpful for the students to understand the entire topic. Moreover, it will also help you in writing your paper more effectively.The academic essay topics will be easily understood by the students. For this, you need to pick the topics that are related to the topic you want to write. This will allow you to discuss the subject more clearly.It is very important for the students to get the final results. Therefore, you need to focus on the topics so that the other students can get their final result according to the topics that you discuss. There are many horse essay topics that can be used by you so that you can make it more understandable for the students. If you are able to make this happen, you will be able to get the best grades out of the students.While writing your paper, you can use a great amount of resources to get the best grades. It is important for you to use horse essay topics so that you can give more importance to some topics in your paper. You can easily create a nice website by making use of the internet for the purpose.

Saturday, May 16, 2020

What Inspired The Great Gatsby

The Great Gatsby is a classic American novel written by F. Scott Fitzgerald and published in 1925. Though it sold poorly at first—readers bought only 20,000 copies in 1925—the publisher Modern Library has called it the best American novel of the 20th century. The novel is set in the fictional town of West Egg on Long Island in the early 1920s. Indeed, Fitzgerald was inspired to write the book by the grand parties he attended on prosperous Long Island, where he got a front-row view of the elite, moneyed class of the 1920s, a culture he longed to join but never could. Decade of Decadence The Great Gatsby was first, and foremost,  a reflection of Fitzgeralds life. He put pieces of himself into two of the books major characters—Jay Gatsby, the mysterious millionaire and namesake of the novel, and Nick Carraway, the first-person narrator. After World War I, when Fitzgeralds debut novel—This Side of Paradise—became a sensation and he became famous, he found himself among the glitterati that he had always wanted to join. But it was not to last.​ It took Fitzgerald two years to write The Great Gatsby, which was actually a commercial failure during his lifetime; it did not become popular with the public until well after Fitzgeralds death in 1940. Fitzgerald struggled with alcoholism and money troubles for the rest of his life and never did become part of the gilded, moneyed class that he so admired. He and his wife Zelda had moved, in 1922, to Long Island, where there was a clear division between the new money and the old guard elite. Their geographic divisions as well as social strata inspired Gatsbys division between the fictional neighborhoods of West Egg and East Egg. Lost Love Ginevra King, of Chicago, has long been considered the inspiration for Daisy  Buchanan, Gatsbys elusive love interest. Fitzgerald met King  in 1915 at a snow-sledding party in St. Paul, Minnesota. He was a student at Princeton at the time  but was on a visit to his home in St. Paul. King was visiting a friend in St. Paul at the time. Fitzgerald and King were immediately smitten and carried on an affair for more than two years. King, who went on to become a well-known debutante and socialite, was part of that  elusive  moneyed class, and Fitzgerald was just a poor college student. The affair ended, reportedly after Kings father told Fitzgerald: Poor boys shouldnt think of marrying rich girls. This line eventually made its way into The Great Gatsby and was included in several movie adaptations of the novel, including one made in 2013.  Kings father shared several traits with the closest thing Gatsby has to a villain, Tom Buchanan: both were Yale alumni and outright white supremacists. Tom also shares a few references with William Mitchell, the man who ultimately married Ginevra King: hes from Chicago and has a passion for polo. Another figure from Kings circle reportedly appears in fictionalized form in the novel. Edith Cummings was another wealthy debutante and an amateur golfer who moved in the same social circles. In the novel, the character of Jordan Baker is clearly based on Cummings, with one notable exception: Jordan is suspected of having cheated to win a tournament, while no such accusation was ever launched at Cummings. World War I In the novel, Gatsby  meets Daisy when he is  a young  military officer  stationed at the armys Camp Taylor in Louisville, Kentucky, during World  War I. Fitzgerald was actually based at Camp Taylor when he was in the army during World War I, and he makes various references to Louisville in the novel. In real life, Fitzgerald met his future wife, Zelda, when he was commissioned as a second lieutenant in the infantry and assigned to Camp Sheridan outside of  Montgomery, Alabama, where she was a beautiful debutante.   Fitzgerald actually used a line Zelda spoke while she was under anesthesia during the birth of their daughter, Patricia, to create a line for Daisy: That the best thing for a woman to be was a beautiful little fool, according to Linda Wagner-Martin in her biography,  Zelda Sayre Fitzgerald,  who  further noted that the author knew a good line when he heard it. Other Possible Tie-Ins Different men have been postulated to have inspired the character of Jay Gatsby, including bootlegger Max Gerlach, an acquaintance of Fitzgerald, though authors typically have characters be a fictionalized amalgam. In the book Careless People: Murder, Mayhem, and the Invention of  Ã¢â‚¬ËœThe Great Gatsby,’ author Sarah Churchwell theorizes inspiration for the murder in the book from the 1922 double murder of Edward Hall and Eleanor Mills, which happened contemporaneously to when he was starting work on the novel.

Wednesday, May 6, 2020

Eating Disorders The Most Silent Killer Of All...

Eating Disorders affect over ninety percent of our population today. Yearly, they affect around nine million adults alone. Since it has such a widespread grasp it makes eating disorders the most silent killer of all psychological diseases. The psychological distortion behind it though is considered to be one of the most shrouded in mystery compared to other diseases rooted in mental instability. While it has been long assumed that bulimia and anorexia have stemmed from insecurities and poor choices; DNA, genetics, endorphins, cholecystokinin, and CCK levels, among other things, are all important deciding factors of whether or not someone will be plagued with the diseases. Among the two, bulimia nervosa has had the most backed research on what could be the cause and nature of the disease. Bulimia Nervosa is a binge eating disorder. During these binges the participants eat without their food hormone receptors turning off resulting in them eating more than what would be FDA approved. After one of their binges they quickly purge themselves in a hope to lose the weight they gained during their binges. Pinpointing the causes of it have proven difficult because the disorder has both mental and psychical components, and it develops in Cadence Dobias Incorporated production Page 3 many age groups, races, socioeconomic classes, and both sexes. Because it is common to explain that genetic distortion could be the cause of most neurological and psychical diseases theShow MoreRelatedBeauty Contests : The Good, The Bad, And The Ugly2233 Words   |  9 Pagesmatter which type of pageant one enters there will always be some cost; however, there are ways to keep from spending all one’s money at a single pageant. To reiterate, a beauty contest, from babies to adults, can have a very profound effect on its contestants and the people around them that can be seen as positive and/or negative. The history behind pageants is probably unknown to most people. 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Tuesday, May 5, 2020

Audit Testing of Various Accounts for Trial - myassignmenthelp

Question: Discuss about theAudit Testing of Various Accounts for Trial Balance. Answer: Introduction Audit Testing Audit is a crucial part of management of financial statements of a particular organization. Audit testing of accounts is very important and is done on a periodical basis in order to check that whether the accounts represent a true and fair view of the financial position of the company. Preparations of accounting statements require monitoring of different accounts. This is what is exactly done by audit testing of accounts. A good auditing done reveals the evidences that seconds the assertion that the financial statements are proper, accurate and in accordance to the laid down accounting standards (Huber 2016). Analytical review The analytical review of the trial balance report is generally prepared with the help of the account balances that are extracted from the general ledger. If any particular entry is missing then that can be identified from the trial balance as the total debit and credit balance will not match, thus the trial balance cannot be closed. The preparation of the trial balance is an imminent step in preparation of financial statements because it provides a material proof that the account balances are proper and error free. The steps in analytical review of the trial balance are generating a trial balance; matching the totals of the debit and credit balances of the respective trial balance. In case there is any kind of problem in the accounts then adjusting entries need to be passed. For instance if an expense is wrongly recorded then an adjusting entry of the same amount representing gain must be passed in order to cancel the wrongly entered expense entry (Veronica and Bachtiar 2014).The acc ount balances should also be checked individually in order to make sure that the amounts associated with each of the accounts are accurate, in case there is any discrepancy then the purpose of that particular entry must be reviewed and amended, if required. In case of the trial balance provided in the question, Chamoisee Enterprises Trial Balance shows the debit and credit balances for two financial years 2015-16 and 2016-17 and appears to be alright (Desai 2015). Preliminary judgment of materiality The term preliminary judgment about materiality refers to the maximized amount that is believed by the auditor that even if these statement of accounts are misstated then also it would not affect the decision making process or the true and fair view of the accounts as such. The materiality is mostly allocated to balance sheet and not income statement accounts because of the double-entry book keeping system which imposes a similar effect both on the income statements and balance sheet (Barndt, Fuller and Flynn 2016). There is also an allotted amount of allowed misstatement under which any amount of materiality is allowed because some accounts may be understated and again some accounts may be overstated that leads to a net total amount less than the tolerable amount. Materiality is an important tool in the hands of the auditor and can be used efficiently in order to assess the quality of the accounts prepared (Eilifsen, Hamilton and Messier Jr 2017). Repairs and Mainter Account Rationale for selection After analytical review of the trial balance and the execution of materiality assessment the account of Repairs and Mainter is selected. This is because the total debit balance of the account for the financial year 2015-16 is $5050 and the debit balance for the financial year 2016-17 is $960. The percentage change in the account balance is 81%. Assertion and Explanation This account may be at risk of fraud because there has been a huge change in the account balance, precisely of $4090. The change may be due to genuine reasons but as no further information is provided as to why there is such a disparity in the balances of two consecutive financial years, it may be assumed that the statement has been misstated. This has been done to show increased profits of the firm for the current financial year by decreasing the actual amount of expenses incurred on repairs and maintenance so as to lure the shareholders and investors. This might also be the case that the fraud was committed in the last financial year that is 2015-16. The balance of the repair and maintenance account may be increased deliberately so as to increase the expenditure amount so that the firm can evade extra tax which it has to pay on the basis of the revenue earned (Gaber and Lusk 2015). Recommended Audit Procedure The recommended audit procedure for treating accounts with fraud risk is that the auditor should monitor and assess the relevant information that is collected from the risk based auditing procedures and confirm whether one or more than one fraud related risk factors are present or not and should be listed down and considered while identifying and assessing fraud risks. Factors that help in identifying risks associated with fraudulent activities are events that tend to indicate a monetary incentive or pressure that ultimately leads to fraud; a loophole that is enough for initiating the fraud, or a perspective or attitude that is enough to justify the unethical action. Needless to say fraud related risks do not mandatorily suggest that a fraudulent activity is being carried out in the firm but the existence of even a single indicator is enough to take preventions against fraud. Cost of Sales Account Rationale for selection The account that requires audit attention for qualitative reasons other than fraud related risks is Cost of Sales Account. This account is selected because this is one of the most important accounts, that is prepared in order to figure out the total manufacturing costs. Assertion and Explanation The Cost of Sales Account is selected because this account is directly linked with the cost of manufacturing the goods. Cost of goods sold account generally includes all the direct costs associated with the goods producedby a company along with the direct labor costs. The primary purpose of a business is to incur profits. The net profit that is incurred from business cannot be exactly calculated if enough attention is not given on the cost of goods sold. This is because the cost of goods sold account is a clear indicator of the fact that the newest strategies and plans implemented to maximize the profit is working or not. The cost of goods sold also reveals the areas of resourcefulness in the business. In simpler terms, the components of manufacture that attribute most to profits is indicated also by the cost of sales account. Therefore the Cost of Sales account should be audited with utmost care (Bernard 2016). Recommended Audit Procedure The recommended audit procedure for auditing the cost of sales account revolves around a lot of procedures like authorizing the purchase of raw materials, accurate recording of inventory costs, inventory tests. The auditor should keep a keen eye as to how a particular category of goods are prepared, costs incurred and the related statements recorded. Accounts Receivable Account Rationale for selection The next account selected for audit testing is accounts receivable account. This account represents the receivables of a particular firm. This account has a direct link with the sales account as increase in sales will definitely increase the receivables. Assertion and Explanation The Accounts Receivable account is selected because it is one of the most important accounts that represent the future receiving of a firm in the form of credit sales. Generally the accounts receivable account is treated as an asset because it represents future income. But in case of customers who are not able to pay in time, this appears to be a loss for the company and the amount is transferred to the bad debts account. Thus the accounts receivables account must be audited with due care and importance (Hribar, Kravet and Wilson 2014). Recommended Audit Procedure The recommended audit procedure for auditing the accounts receivables account is that the auditor should test whether the balance in the subsidiary ledger is matching with the balance in the general ledger. The auditor should also communicate with the various customers and confirm the exceptions. He should also confirm the same on the part of the banks and find the reasonability behind discounted or unbilled receivables. Consultancy fees Account Rationale for selection The Consultancy fees account is selected because it is an expense account and can be materially misstated. The balance of this particular account is $57000 for the financial year 2015-16 and $39500 for the financial year 2016-17. Assertion and Explanation The Consultancy fees account is selected because the expenditure for consultation incurred by the firm was $57000 previously and $39500 for the next financial year. Now it is apparent that the firm had expensed less in the financial year of 2016-17. This may be a genuine occurrence or may be done purposely in order to increase the profit and lure the shareholders and investors. The materiality of misstatement is an issue of concern and may be applied by the company in order to show increased revenues of the firm (Alexeyeva and Svanstrm 2015). Recommended Audit Procedure The recommended audit procedure for auditing the consultancy fees account is that the auditor should crucially check the recorded statements and transactions incurred between the firm and the consulting body. The auditor should also communicate with the consultancy, in order to make sure that all proceedings have been carried out correctly and then the chances of misstatement should be cut out. Superannuation Account Rationale for selection The Superannuation account is selected next because as per the set standards every employer has to keep away a certain percentage of the employees salary and even contribute a certain percentage from the part of the employer for employee benefit purposes. The balance for the year 2015-16 is $4770 and $2373 for the year 2016-17. Assertion and Explanation The superannuation account is selected because it is the duty of the auditor to be highly vigilant whether the employee welfare policies of a particular company are properly implemented. In case of Chamoisee Enterprises the amount has decreased from $4770 to $2373. This implies that either the company has contributed less to the fund of employees or it there has been a reduction in the number of employees. The auditor should keep these facts in mind and execute proper investigations (Boone 2017). Recommended Audit Procedure The recommended audit procedure would be that the auditor should be very strict with employee welfare policies and should take enough care as to why the contribution of the company in relation to this has decreased. The auditor should carry out a thorough investigation. Owners Equity Account Rationale for Selection The owners equity account is selected because this account represents the owners investment in the firm excluding the withdrawals made by the owner, added with the net income since the beginning of the venture. Assertion and Explanation As observed in the provided trial balance owners equity balance for the financial year 2015-16 is $135683 and for the financial year 2016-17 is $181845. It is apparent that the owners equity account balance has increased which is a healthy indication, but also auditing of this account is equally important as the risk of material misstatement is very high in case of these kinds of accounts (Needles, Powers and Crosson 2013). Recommended Audit Procedure The recommended audit procedure that the auditor should follow is that he should consider past profits as recorded in the previous accounting statements and check whether the net profits has been added properly. He should also check whether the profit earned is properly distributed among the owners in accordance with the accounting ratios. Wages Account Rationale for Selection The Wages account is selected because of the reason to check whether the domain of direct labor is properly maintained by the company and in accordance to the set standards by the labor association. Assertion and Explanation As observed in the trial balance, the wages account balance in the financial year of 2015-16 is $53000 and for the financial year of 2016-17 is $32000. The only reason for this account being selected is that the auditor should keep a vigilant eye towards the labor welfare policies and whether the policies are being properly implemented or not (Ionescu 2016). Recommended Audit Procedure The recommended audit procedure that the auditor should follow is that he should make sure that the labor welfare policies are properly implemented and the standardized rules set out by the labor association are being followed. The wages account balance has also decreased from $53000 to $32000 which is also an issue of concern and should be looked into. References Alexeyeva, I. and Svanstrm, T., 2015. The impact of the global financial crisis on audit and non-audit fees: Evidence from Sweden.Managerial Auditing Journal,30(4/5), pp.302-323. Barndt, R.J., Fuller, L.R. and Flynn, K.E., 2016. Teaching Inherent Risk and Tolerable Misstatement in Auditing: A Modified Delphi Method as a Teaching Tool. InAdvances in Accounting Education: Teaching and Curriculum Innovations(pp. 125-140). Emerald Group Publishing Limited. Bernard, D., 2016. Is the risk of product market predation a cost of disclosure?.Journal of Accounting and Economics,62(2), pp.305-325. Boone, J.P., Khurana, I.K., Raman, K.K., Chen, L.H., Chung, H.H.S., Peters, G.F., Wynn, J.P.J., Chen, Y., Knechel, W.R., Marisetty, V.B. and Truong, C., 2017. Auditing: A Journal of Practice Theory A Publication of the Auditing Section of the American Accounting Association. Desai, N., 2015. The Effects of Group Brainstorming on the Auditors Search for Potential Misstatements and Assessment of Fraud Risk in the Presence of Pressures and Opportunities. Eilifsen, A., Hamilton, E.L. and Messier Jr, W.F., 2017. The Importance of Quantifying Uncertainty: Examining the Effect of Audit Materiality and Sensitivity Analysis Disclosures on Investors Judgments and Decisions. Gaber, M. and Lusk, E., 2015. Account screening: Rationalizing the extended procedures decision in the audit context.EXCEL International Journal of Multidisciplinary Management Studies,5(9), pp.1-20. Hribar, P., Kravet, T. and Wilson, R., 2014. A new measure of accounting quality.Review of Accounting Studies,19(1), pp.506-538. Huber, W., 2016. Forensic Accounting, Fraud Theory, and the End of the Fraud Triangle. Ionescu, L., 2016. The impact of rotation on accounting and audit quality.Economics, Management and Financial Markets,11(3), p.86. Needles, B.E., Powers, M. and Crosson, S.V., 2013.Principles of accounting. Cengage Learning. Veronica, S. and Bachtiar, Y., 2014. The Role of Corporate Governance in Preventing Misstated Financial Statement.JurnalAkuntansidanKeuangan Indonesia,2(1), pp.159-173.