Sunday, December 29, 2019
Euthanasi The Issue Of Euthanasia - 1675 Words
The question of euthanasia, also referred to as mercy killing, is among the most disputable topic on ethics in America. It refers to the intentional putting to death of a person with an incurable or painful disease intended as an act of mercy (Newhealthguide.org, 2016). Euthanasia is closely related to doctor assisted suicide. However, the two acts differ in that, euthanasia means injecting a terminally sick patient with lethal dose of a drug or withdrawing feeding tubes to let the patient die of starvation. Assisted suicide on the other hand refers to the process where a physician avails a lethal drug to the patient. The patient or his/her next of kin usually must consent to the action. By January 2016, the practice was allowed in the Netherlands, Belgium, Ireland, Colombia and Luxembourg. Assisted suicide is legal in Switzerland, Germany, Japan, and Albania, while in the United States; it is legal in the states of Washington, Oregon, Vermont, New Mexico, Montana and California. Thi s document will argue about why euthanasia and physician assisted suicide should not be legalized in the remaining 44 states of the U.S. Position Statement Euthanasia and physician-assisted suicide are mild words used to describe murder and suicide, and should not be legalized. Supporting Reason The argument that legalizing euthanasia could be used to prevent medical cost of terminally ill patients from ballooning beyond the financial ability of their family is not justifiable based on theShow MoreRelatedEuthanasi The Issue Of Euthanasia1427 Words à |à 6 Pages Euthanasia: The main purpose of this essay is to focus on the controversy surrounding the issue of euthanasia and analyse the pros and cons arguments regarding euthanasia. This essay will aim to analyse in further details the complexity of the matter regarding euthanasia and will argue the pros and cons of euthanasia and will also debate the major impact that legalising euthanasia might have on the society, on the medical industry andRead MoreEuthanasi The Issue Of Euthanasia2130 Words à |à 9 Pagesis no point to living, the issue of euthanasia often arises. Euthanasia is technically defined as ââ¬Å"the act or practice of killing someone who is very sick or injured in order to prevent any more suffering (Merriam 1). In America people should have the right to end their life if they chose. The right to life and the right to private and family life under the European convention on human rights should be interpreted broadly to include decisions about the topic of euthanasia is one tha t is highly disputedRead MoreEuthanasi The Issue Of Euthanasia Essay1780 Words à |à 8 PagesEuthanasia is a debatable topic worldwide. Should people be allowed to decide when to terminate their own life? Some terminally ill patients want to be put out of their misery because there is nothing else a doctor or medicine can do for their condition. But others see euthanasia to be morally wrong. Suicide and Euthanasia have two very different meanings that reflect dying. Suicide is intentionally killing oneself because he or she does not want to continue on with life. Euthanasia can be definedRead MoreEuthanasi The Issue Of Legalizing Euthanasia1662 Words à |à 7 PagesLegalization of Euthanasia Ata Dogan Student Sheridan College Abstract This paper examines how countries around the world have dealt with euthanasia as an upcoming issue. Looking into the stances, arguments and opinions surrounding the issue of legalizing Euthanasia. It goes into detail about why citizens are requesting legalization and also reviews who are the people specifically that chose to be euthanized. Furthermore, it discusses the negative stance and the positive outcomes of this issue over a personââ¬â¢sRead MoreEuthanasi The Controversial Issue Of Euthanasia1650 Words à |à 7 PagesAdelaide students think about legalising voluntary euthanasia in Australia? Introduction The purpose of this research is to seeking and analysing the opinions about legalising voluntary euthanasia within Adelaide students (aged 18-25 years old). With recent changes to legalisation of child euthanasia in Belgium, the controversial issue of euthanasia is currently being re-spotlighted all over the world. Ongoing active discussion on the legalisation of euthanasia mainly debates individualââ¬â¢s choices in ending
Friday, December 20, 2019
Sojourner Truth By Nell Irvin - 1257 Words
Sojourner Truth is an ex-slave and fiery abolitionist who dazzles listeners with her wit and originality. She is straight talking and unsentimental, Truth became a national symbol for strong black woman. Like Harriet Tubman and Frederick Douglass, she is regarded as a radical of immense and enduring influence; however, she is more remembered more for her myths than her personality. In the book, Sojourner Truth A Life, A Symbol, the author Nell Irvin Painter, goes beyond the myths, words, and photographs to uncover the life of a complex woman who was born into slavery and died a legend. Inspired by religion, Truth transforms herself from a domestic servant named Isabella into a nomadic preacher named Sojourner. Her words of empowerment have inspired black women and poor people of the world over to this day. Through the combination of understanding and her scholarly attributes, Nell Painter has managed to advance the fabled ideas about Sojourner Truth by uncovering her complex slave life to her death as a legend in the history of black women. In this book, Painter argues that Sojourner was inspired by religion, this is an inspiration to the black women and the needy; her inspirational voice for the unfortunate black in the South, women in the North though she spent a lot of her free life with the middle class. Gradually Sojourner managed to lift her head beyond slavery, securing respect for herself and utilizing the otherness of her skin color and race, becoming the onlyShow MoreRelatedU.S.History1267 Words à |à 6 PagesSojourner Truth Sojourner Truth was born in 1797 in Hurley, New York. The exact date of her birth is still unknown, but it is believed to have been during the fall. Truth was born into slavery and was given the name Isabella Baumfree. Sojourner parents were slaves as well. Isabella was first owned by a Dutch named Charles, who was happened to be a decent slave owner. Slave trading was very prominent, she was traded and then sold several times within her life. Proceeding his death, she was separatedRead More Incidents In The Life Of A Slave Girl Essay1671 Words à |à 7 Pageshistorian Nell Irvin Painter, this edition also includes A True Tale of Slavery, the brief memoir of Harriet Jacobs brother, John S. Jacobs, originally published in a London periodical in 1861. Harriet Jacobs (c. 1813-1897) was born in Edenton, North Carolina, and taught to read and sew by one of her owners after her mothers death in about 1819. A fervent reader and ardent abolitionist, she originally published Incidents in the Life of a Slave Girl in 1861, under the pseudonym Linda Brent. Nell Irvin
Thursday, December 12, 2019
Accounting Issues Australian Law Firm
Questions: 1. How did Slater and Gordon meet the capital markets expectation of the firms growth as reported in the Undoing of Slater and Gordon?2. Review the annual financial reports of Slater and Gordon for the reporting years 2013, 2014 and 2015. Analyze how revenue was recognized in each of the reporting years, and explain why the firms reported revenue dropped significantly in 2015? 3. In your opinion, are there any breaches of the fundamental principles of accounting ethics (as prescribed in APES 110 Code of Ethics for Professional Accountants) in the firms accounting practices? Explain Answers: 1. Slater and Gordon became the first Australian law firm to go public in 2007. It also had high revenues and there was no end to expansion. With a strong framework and immense solidity it reached significant height. It entered the UK market in 2012 with the acquisition of a number of smaller law firms in UK. It was one of the major ways to enhance the reach and availability of the firm. Revenues soared and led to the acquisition of Quindell in 2015. This aggressive market expansion strategy coupled with the growing profits was sufficient to make the market believe its growth story. The growth was highlighted with the concept of strong market penetration and strong level of efficiency (Fyfe, 2016). The share prices reached the highest in April 2015 post which the downfall began. The fact that Slater and Gordon have fought some of the most complex cases in Australia made it trustworthy in the eyes of investors. In the midst of these acquisitions and great performance, it is widely kno wn that it was the one acquisition of Quindell which turned the cards otherwise. Its ability to deliver key figures as headlines and the reassuring corporate upward track record made it a good pick for the investors. Its concept of no win no fee also became popular and made it win fame. Thus by all these factors Slater and Gordon won market confidence and displayed growth. 2. Slater and Gordon followed the concept of Work in Progress for recognition of revenues. It also followed the concept of no win no fee in personal injury cases which means that the revenue will not be realized until the case is completed and won. It was one of the unique idea that was proposed to have a different set of working. So in such cases, the revenue is recognized on the basis of progress of the work and the estimation of the likelihood of success based on the status of completion and current progress of the case (Christensen, 2011). Thus, the revenues were recognized in the years 2013 and 2014 on the cases that were under progress. This led to the firm reporting higher profits. But in fact, the actual money was either not recovered in full or totally not recovered at all. Thus, it had reported $467 million of work in progress in 2014 and $826 million in 2015. It means that there was a difference in terms of reporting numbers and realization. As pointed out by Tynan, work i n progress is one such accounting concept that gives the management huge discretion in deciding the amount of reported profits. This raised a red flag towards the firms attitude of accounting and aggressive acquisitions. However, every firm cannot go with this strategy and is even complex in nature as the firms cannot survive for long with this concept (Simnet Emby, 2005). It was also researched and found that Slater and Gordon was buying the undervalued work in progress of these smaller law firms that had the impact of inflated profits. This was again proved when the firm started facing cash difficulties as the Work in Progress so recognized was not recovered in terms of cash even after eighteen months to two years. The combines impact of all the work in progress accounted in 2013 and 2014 became evident in 2015 as there was no matching of revenues with the cash flow. Majorly, the work in progress created immense problem for the firm and surrounded it with difficulties. Tough time s began as ASIC started investigating and stated elevated work in progress and accelerated acquisitions to be the root causes for the disaster. The downfall happened because the work in progress escalated immensely and thereby, it was unable for the firm to operate (Gay Simnet, 2015). Thus the remarkable expansions turned out to be risky and the firm that was once in limelight is now struggling for its survival. The struggle can be cited due to the complex program of the management that disturbed the entire scenario and did not allowed further expansion. Such strategies are beneficial only in the short term course (Baldwin, 2010). However, when it comes to the long term perspective it is difficult to conduct the operations on this strategy. 3. Accounting is an area requiring sufficient knowledge and expertise. It cannot be performed without an expertise. Hence, it is essential that the operations should be conducted by those having a strong level of efficiency. Not just the auditors, but the accountants are also expected to be competent enough with the accounting standards and the practical application of the fundamental principles of accounting (Gilbert et. al, 2005). It is important that the accountants must adhere to the fundamentals and provide a strong level of transparency. As the whole, in the case of Slater and Gordon topsy turned on the single concept of Work in Progress, it would not be wrong to say that there has been a breach on the part of the accountants and auditors (Fyfe, 2016). Professional competence and Due care, integrity, objectivity and professional behavior are a few fundamental requirements. Revenues recognized that might be never realized are a clear instance of prudence. This concept requires t hat accounting should provide for all possible losses but not account for profits that are uncertain (Heeler, 2009). Uncertain profit should never be accounted as it is an event that is contingent and therefore, the happening is not sure. So this concept has been violated by the firm (APES, 2016). Given the stand that accountants have flawed in the understanding and application of the concept of Work in Progress, what is more surprising is that the auditors have also been signing these financial statements and performed the audit of the accounts without discovering the inflated revenues and window dressed profitability (Fyfe, 2016). Hence, it is clear that there has been a flaw by the accountant and auditors. Such a concept should never be permitted and provided a consent as it leads to immense problem in the long run. No business can survive with the work in progress system as it is based on happenings that are contingent in nature (Cappelleto, 2010). This clearly lands the auditor s also in professional negligence and lack of sufficient auditing procedures. It is the duty of the auditor to consider all the aspect of the business and ensure that it is free from any shortfalls (APES, 2016). However, the auditors in this scenario failed to trace the errors and hence, considered a violation. Thus APES 110 has been breached. References APES 2016, APES 110 Code of Ethics for Professional Accountants, viewed 29 September 2016, https://www.apesb.org.au/uploads/standards/apesb_standards/standard1.pdf Baldwin, S 2010, Doing a content audit or inventory, Pearson Press. Cappelleto, G. 2010, Challenges Facing Accounting Education in Australia, AFAANZ, Melbourne Christensen, J. 2011, Good analytical research, European Accounting Review, vol. 20, no. 1, pp. 41-51 Fyfe, M 2016, The undoing of Slater and Gordon, viewed 29 September 2016, https://www.smh.com.au/good-weekend/the-undoing-of-slater-and-gordon-20160613-gphmej.html Gay, G Simnet, R 2015, Auditing and Assurance Services, McGraw Hill Gilbert, W. Joseph J Terry J. E 2005, The Use of Control Self-Assessment by Independent Auditors, The CPA Journal, vol.3, pp. 66-92 Heeler, D 2009, Audit Principles, Risk Assessment Effective Reporting, Pearson Press Messier, W Emby, C 2005, Auditing Assurance Services: A systematic approach, McGraw-Hill.
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