Sarbanes-Oxley Act Article Essay Essay Example

Sarbanes-Oxley Act Article Essay Essay Section 404 of the Sarbanes-Oxley ActThis article reappraisal is on the article written by David S. Addington called â€Å"Congress Should Repeal or Fix Section 404 of the Sarbanes-Oxley Act to Help Create Jobs. † The Heritage Foundation published the article on September 30 2013. In the article. the writer addresses concerns among companies remaining in conformity with Section 404 of the Sarbanes-Oxley Act. The writer indicates that subdivision 404 of the Sarbanes-Oxley act has caused a fiscal load on companies. Companies spend a big sum of money to remain in conformity with the ordinances on subdivision 404 of the Sarbanes-Oxley Act. Furthermore. companies could utilize the money spent on scrutinizing fiscal records to put in more concern lines and make more occupations ( Additon. 2011 ) . We will write a custom essay sample on Sarbanes-Oxley Act Article Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sarbanes-Oxley Act Article Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sarbanes-Oxley Act Article Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Section 404 of the Sarbanes-Oxley Act requires companies to include a statement of the duty of the company direction for â€Å"establishing and keeping an equal internal control construction and processs for fiscal reporting† along with their study filed with the Securities and Exchange Commission ( SEC ) . The one-year study must include an appraisal of the effectivity of the company’s internal control construction and processs for fiscal coverage. followed by holding a registered public accounting house â€Å"attest on. and study on the appraisal made by the direction. † This facet of the statute law requires companies to document of import fiscal paperss along with the reappraisal from the certified public accounting house ; it requires enormous attempt and big sums of money for companies to follow with this facet of the Sarbanes-Oxley Act ( Additon. 2011 ) . The writer indicates that companies can utilize the money spent by companies to remain in conformity o n other concerns lines ; making more occupation chances and profiting the economic system. The writer demands that Congress should analyze whether subdivision 404 is needed. and if so. how to cut its dearly-won load on concerns. Modifying or revoking subdivision 404 of the Sarbanes-Oxley Act can liberate concerns to excite the economic system ( Additon. 2011 ) . Businesses must remain in conformity with the jurisprudence to run expeditiously at all times. Companies should remain in conformity to acquire the assurance and trust from investors. The 2012 Sarbanes-Oxley Compliance Survey listed where companies stand on reexamining cost. clip. attempts. processes to remain in conformity with the ordinances. Approximately 35 % of midsize organisations spend from $ 100. 000 to $ 500. 000 yearly. and about 80 % spend $ 1 million or less. By twelvemonth four of Sarbanes-Oxley conformity. most organisation are passing $ 100. 000 to $ 500. 000 yearly ( 2012 Sarbanes-Oxley Compliance Survey ) ; this is comparatively a little sum of money compared the entire sum the company really makes. The Sarbanes-Oxley act protects the populace from unethical behaviour by companies. If the authorities does non keep companies accountable for their funding. it will take to unconfident investors in the market ; if the populace is non puting in concerns the economic system will non be better. The award the company pays to remain in conformity with the Sarbanes-Oxley Act is at the right monetary value. accomplishing trust. and assurance from the popula ce. MentionsDavid S. Addington â€Å"Congress Should Repeal or Fix Section 404 of the Sarbanes-Oxley Act to Help Create Jobs. † The Heritage Foundation. September 30. 2011. Web. Retrieved from: hypertext transfer protocol: //www. heritage. org/research/reports/2011/09/congress-should-repeal-or-fix-section-404-of-the-sarbanes-oxley-act-to-help-create-jobs 2012 Sarbanes-Oxley Compliance Survey. Retrieved from: hypertext transfer protocol: //www. protiviti. com/en-US/Documents/Surveys/2012-SOX-Compliance-Survey-Protiviti. pdf

The Cold War and U.S. Dipliomacy essays

The Cold War and U.S. Dipliomacy essays In my assignment, I will write a three to five page paper on President Dwight D. Eisenhower doctrine of The Cold War and U.S. Diplomacy during his presidency. Additionally, this paper will address the following: 1. Summarize a situation that required U.S. diplomatic efforts during the presidents 2. Explicate the diplomatic doctrine the president followed, with reference to specific actions or events that occurred. 3. Describe the effects of these diplomatic efforts for the U.S. and other countries. 4. Assess, in conclusion, the advantages and disadvantages of the particular doctrine U.S. Diplomatic Efforts During the Presidents Time in Office First, let's define the terms, "The Cold War" and "U.S. Diplomatic". The Cold War name was birth to the USSR and the United States after the Second World War. It was a decades-long struggle for global supremacy, the capitalist was United States against the communist Soviet Union starting around 1945. The war brought on primary by the US, consisted of political conflict, economic and technological competition between the communist world and western powers. Because of no physical fighting involved it was called, "The Cold War". Both nations involved expressed conflict through coalitions, aid, espionage, proxy wars, propaganda and nuclear technology arms races (Cold War, 2013). The term U.S. Diplomacy according to Merriam-Webster Dictionary, refers to a countrys ability to conduct negotiations between nations, skill in handling affairs without arousing hostility (Merriam-webster.com, 2013). I chose to write about Dwight D. Eisenhower, the nation's 34th president, (1953-61) that stated Use nukes and spooks to prevent Communists or other radical takeovers (Berry, N & Roskin, M (2010) Custom Edition, 2010). By no means, no other president in America's history was better prepared in the area of foreign affairs than Eisenhower. At that time, he had ma...

Leadership and Organisational Development Style Essay

Leadership and Organisational Development Style - Essay Example This culture has been described by Hofstede (1983) as akin to a "mental programming" is shared among persons from similar backgrounds. Hofstede has shown that cultures differ in the way they view and interpret the world. Therefore, the management of persons within these cultures can often differ as well. In fact, Hofstede further points out that one should not take for granted that management and leadership methods that work in one cultural arena will do as well in another (1983). In a multicultural society, it is necessary that managers and leaders become aware of the different dimensions of employees and/or followers that exist. It is also necessary that they study the different theories of management and leadership in order to gain insight into how to deal with the different personalities and cultures that are (or might be) represented in their leadership arena (2005). The study of each method of management therefore adds to the repertoire of options a manager and leader possesses to aid in dealing with different situations that may arise. He or she may not use all the knowledge at once, but the acquisition of this knowledge leaves the manager or leader more equipped to deal with situations as employees, followers, and their situations as they change with time. Overview of Oprah Winfrey's Style The leadership style of Oprah Winfrey has demonstrated that these theories and models of leadership often put forth such well-defined characteristics of leadership that few (if any) persons could fit into any one model. Winfrey owns and manages Harpo Productions Inc., a conglomerate that contains her own talk show The Oprah Winfrey Show, as well as Dr. Phil and other television movies. Among other ventures, she also manages the publishing of the successful magazine O and is part-owner of the Oxygen Media, which houses, among other things, a cable network (Sellers, 2002). As manager of so many different business entities, she acts a leader to her hundreds of employees. This queen of talk shows and businesswoman extraordinaire evinces a style of leadership that comes closest to the Transformational Leadership Model, as this model is expressed through combination of the traits of several other theories. Yet, certain transitional periods of her tenure as leader of Harpo Productions have caused her to demonstrate traces of many of the other theories of leadership. This study will provide an analysis of her leadership style within the framework of the different sectors of her conglomerate. Analysis of Oprah Winfrey's Leadership Style: Transformational Theory Trait Theories The Transformational Theory of leadership is known to mix some aspects of Trait Theory with the behavioural theories. Alimo-Metcalfe and Alban-Metcalfe (2005) reviewed the leadership styles of over 3,500 leaders at varying levels of the corporate hierarchy. These researchers found that a model emerged that at once supported and went beyond the Transformation model and led to the development of a "360-degree" Transformational Leadership instrument (questionnaire). The instrument was found

International Trade Law Assignment Example | Topics and Well Written Essays - 2250 words

International Trade Law - Assignment Example The hunting of seals in Canada in the adjoining waters of the Arctic Ocean is believed to have begun in the 16th century. Seal hunting for commercial purposes grew into an important trade in the 1980s decade in Canada. This mainly includes the Inuit group of people, the residents of Atlantic Canada and also North Canada. The United Nations in its Declaration on the â€Å"Rights of Indigenous Peoples† has recognized this seal hunting practice as a means of livelihood for the Canadian residents. According to an estimate in 2005, about 329,829 harp seals were killed by the indigenous people of Atlantic Canada and Quebec. They also produced $ 15.43 million worth of â€Å"exports of identifiable seal products†. The extent and importance of the seal hunting trade in Canada renders it very difficult for the Canadian authorities to pronounce an end to this practice. The European Union bans Seal Products Canada was supposed to attend a summit meeting with the European Union to discuss further prospects of trade between the two countries and open up new markets. On 16 September 2009, the European Parliament and the European Communities declared a Regulation (EC) No. 1007/2009 stating a prohibition in the import and sale of all seal products manufactured from the commercial hunting of seals.... eal hunts carried out in a traditional practice by the Inuits and other indigenous communities and byproducts from similar regulated hunts, would be allowed to trade in the European Union.2 The Canadian Government expressed its disappointment on the development and vowed to take the issue to the World Trade Organization (WTO).3 Canada was of the opinion that in the case the EU imposed a restriction on seal products made out of commercial hunting, the country should be exempted from it since Canada followed strict guidelines to ensure that the seal hunting methods in the country were humane and were sustainable in the long run. The Effects of Such a Regulation According to the European Commission, the trade exchanges between Canada and the European Union are worth around EUR 70 billion or $ 93 billion in a single year. If the Canada and the European Union agreed to expand their bilateral trade, this could generate an additional trade exchange worth EUR 20 billion. However, the EU Regu lation regarding the prohibition of the import and sale of seal related products from commercial hunting, in the EU markets could have serious implications for the bilateral trade between the two countries. Once the Regulation (EC) No. 1007/2009 comes into effect, the value of seal products imported by the EU from Canada will decrease drastically, as then only the seal products made out of legitimate hunting methods will only be permissible to enter the EU market. Therefore, Canada will be compelled to turn to other countries of the world for the export of its seal products, following the decline of the EU as one of its important importers in this trade 4 Canada’s Arguments On 2 November, 2009, Canada expressed its desire to engage in a consultation with the European Communities regarding

Issues in Social Media for Teenagers

Issues in Social Media for Teenagers Dear Shannon Kyle After reading your article on the 10 Reasons Social Media Is Great for Teenagers I understand that your argument is essentially that social media is great way for teenagers to find entertainment and to network. I also acknowledge the fact that social media is convenient way to expand your social circle. However, on the whole, I am in disagreement with your article for many reasons. Firstly, these so called social circles and online friends could be anyone. Some people pose as another a person in order to lure the other person in; a term commonly known as a catfish. This is a person who aims to deceive the young and vulnerable teenagers of todays society into sharing personal information and pictures of themselves which can be used against them. It is through these online hidden personas where grooming, trafficking and paedophilia come into play. Moreover, another reason why social media is counter-productive is because many teenagers do not experience life in person. Alternatively, they replace real life experiences with virtual ones. Teenagers are stuck in this virtual reality where everything is fraudulent or deceptive. Teenagers do not acquire the skills to meet real people and converse and interact with them face to face, thus leaving the individual with no applicable socialising skills which often leaves them struggling in life. Social media gives a false and unrealistic image of what teenagers should look like and the type of personality they should encompass. Mostly girls are affected by this perception but boys can also be affected. This fake perception affects the minds of the teenagers by making them feel psychologically and physically obliged to look painfully perfect. Teenager undergo major changes to their appearance and personalities to try to fit into this fabricated and distorted image of perfection which social media enforces in the minds of teenagers. Not only does this encourage insecurities to develop but also advocates a feeling of inadequacy amongst younger generations. I do agree that social media is an easy way to share pictures and boost self-esteem. However, with the increased use of social media, cyber bullying is also on the increase. More than 50% of teenagers said that they have received abusive comments about their appearance and body image on social media accounts. In spite of social media platforms claiming that there is no cyber bullying, cyber bullying is still at large ruining the confidence of teenagers. Cyber bullying can come in many forms The first is by posting a hurtful image or a video shaming another person. This form of bullying is common amongst social media. Posting a hurtful image or video shaming and making fun of another persons looks, body image or gender makes the other person often feel worthless. This form of bullying has many detrimental effects such as inflicting an individual with feelings of self-consciousness, making the other person turn to self-harm and the worst yet making the other person commit suicide. The second form of cyber bullying is through harassing another person on social media. This includes making rude comments about another persons appearance, sending rude and abusive threatening messages directed to one specific person and many more. Harassment also makes the other person feel unsafe with such unwarranted attention being inflicted on them. The final form of cyber bullying is when an individual uses a social media platform to pretend to be someone else. This form of bullying is widely known as catfish. This is when someone poses as another person on a social media account. The catfish aims to leak out personal information about the person they are posing as. Also, the catfish could share untrue and potentially damaging information about the other person in order to spread fake rumours like wildfire and provoke gossip about that individual. In conclusion social media deteriorates the minds of the young, vulnerable and gullible teenager of todays society. Social media instils a false and fabricated perception of life be it through image or personality. This subsequently ruins the lives of teenagers as many, if not all, become fixated on the notion of conforming to these unattainable standards that social media dictates Yours sincerely Mohsin Ijaz

Relationship between Satyagraha and Swaraj for Gandhi Essay

The word ‘Satya’ means ‘Truth’ and ‘Graha’ means ‘Force’, Satyagraha therefore means ‘Truth force’ or the force obtained by the practice of truth. The term Satyagraha is largely associated with non-violence. Gandhi advocated Satyagraha as a means to attain ‘Swaraj’ or ‘self-governance’. Satyagraha is a political philosophy propagated and practiced by Gandhi and his followers. The practitioners of this philosophy are called ‘satyagrahis’. The satyagrahis are guided by the principles advocated by Gandhi based on Yoga Sutra; non-violence, truth, non-stealing, chastity, non-possession and fearlessness. The essential elements of Satyagraha are civil-disobedience and non-cooperation as a means to attain freedom. Civil-disobedience entailed breaking a law which is found as unjust and courting arrest. Non-co-operation meant â€Å"refusing to co-operate with the opponent, refusing to submit to the injustice being fought† (What is Satyagraha? ). â€Å"Gandhiji felt that laws which were totally against the welfare of the people could be fought peacefully by organizing mass-protests in a civil way’ (Jyotsna Kamat) The basic principles of Satyagraha are essentially based on non-violence. It is observed as a basic fact that violence brings more violence. Violence causes destruction, damage to people and property and any violent protest, even for a right cause, invariably leaves a negative mark on the society. Non-violence on the contrary is free from the negative aspects of violence, yet non-violent protests send a very strong message and are successful. Gandhi believed that by demonstrating protests in a non-violent manner it is possible to completely transform the antagonist and effect a positive change. He believed that transformation in the antagonist mindset can only be brought about by non-violent means. He worked to ‘convert’ the antagonist, to truly transform him from within which forms the core values of Satyagraha. Thus the political philosophy of Satyagraha with non-violence as its essence is an ideology that came to be widely accepted and practiced. It is a concept that has been instrumental to the independence of India. The concept of ‘civilized’ protests with no damage to public property and protesting without resorting to violence of any sort is commendable. Gandhi’s idea of civil disobedience and civil non-cooperation emphasizes a respect for the general rule of the law and is focused on protesting only against any law that is felt as unjust. â€Å"Swaraj lays stress on governance not by a hierarchical government, but self governance through individuals and community building. The focus is on political decentralization† (Wikipedia). The basic idea of Swaraj was to evolve a political system where the power ultimately lies in the hands of the people, building a government ‘for the people and by the people’. â€Å"The real goal of the freedom struggle was not only to secure political azadi (independence) from Britain, but rather to gain true swaraj (liberation and self-rule)† (What is Swaraj?) as Gandhi explains â€Å"It is Swaraj when we learn to rule ourselves†. Swaraj is Gandhi’s endeavor to build a political system where the common man is empowered and he had a spiritual outlook towards his political philosophy which is reflected in the principles of Swaraj. According to Gandhi, â€Å"at the individual level Swaraj is vitally connected with the capacity for dispassionate self-assessment, ceaseless self-purification and growing self-reliance†. He believed that it is important for people to rule themselves properly and never be a disturbance to the society. Swaraj is when everyone is his own ruler and the government facilitates this individual and community development. Works Cited Jyotsna Kamat. 14 April 2005. Mahatma Gandhi: Story of Satyagraha.  © 1996-2009 Kamat’s Potpourri. http://www. kamat. com/mmgandhi/satyagraha. htm. 18 July 2009 Satyagraha. Wikipedia Foundation Inc. http://en. wikipedia. org/wiki/Satyagraha. 18 July 2009 What is Satyagraha?. Gandhi Research Foundation. www. gandhifoundation. net. 18 July 2009 What is Swaraj?. The Swaraj Foundation. www. swaraj. org . 18 July 2009

Are We Too Dependent on Computers?

We have become too dependent on computers for answers, personal interactions, and we spend way too much time on them. If we used the computers for learning and as a tool this issue wouldn't be as big. The sad truth is that people use this great tool for an easy way to get out of face to face interactions with other people. In 10-20 years it is said that there will be a computer smarter than the whole human race alive today. That is a scary future that we don't have to look very far to. Computers are an extension of the human body, just as all tools are.Would we say that people are too dependent on cars? Gas? Electricity? Toilets? Homes? All the arguments that the pro side are either invalid, or they don't realize that what they are saying applies to EVERYTHING. An interesting experiment for everybody, especially those on the prepotency, is to take all the prepotency arguments, and apply them to the word â€Å"house† or â€Å"car† or â€Å"paper† or â€Å"pencilà ¢â‚¬  or â€Å"farming† are we too dependent on having a roof over our head? It's the same as having a computer.Yes, we are dependent on computers in every aspect of our lives, and computer on bigger and more powerful ones. But may be really not too dependent all the time, because the key is in the smartest and most powerful machine in the history of mankind and that’s right inside us, that’s us. Our body and mind is above all machines on this planet and in one sentence they all rely on us. Again yes we are too dependent on computers because it’s the human brain which computes this magnificent world unconsciously in the almost in an insensible way, to let us enjoy, live and create.