Saturday, December 28, 2019

Jack Horner Profile of the Famous Paleontologist

Name: Jack HornerBorn: 1946Nationality: AmericanDinosaurs Named: Maiasaura, Orodromeus About Jack Horner Along with Robert Bakker, Jack Horner is one of the most prominent paleontologists in the United States (the two men served as advisers for the Jurassic Park movies, and Sam Neills character in the original was inspired by Horner). Horners main claim to fame was his discovery, in the 1970s, of the extensive nesting grounds of a North American hadrosaur, which he named Maiasaura (good mother lizard). These fossilized eggs and burrows gave paleontologists an unusually detailed glimpse of the family life of duck-billed dinosaurs. The author of numerous popular books, Horner has remained at the forefront of paleontological research. In 2005, he discovered a chunk of T. Rex with soft tissue still attached, which was recently analyzed to determine its protein content. And in 2006, he led a team that discovered dozens of nearly intact Psittacosaurus skeletons in the Gobi Desert, shedding some valuable light on the lifestyles of these small, beaked herbivores. Lately, Horner and colleagues have been examining the growth stages of various dinosaurs; one of their more stunning finds is that Triceratops and Torosaurus may well have been the same dinosaur. By the turn of the 21st century, Horner had obtained a reputation as being a bit of an eccentric, always eager (and perhaps a tad over-eager) to overthrow accepted dinosaur theories and hog the limelight. Hes not afraid to challenge his critics head-on, however, and lately has caused even more of a stir with his plan to clone a dinosaur by manipulating the DNA of a living chicken.

Friday, December 20, 2019

Misappropriation of Assets - 1400 Words

Introduction Over the past two years, corporate America has endured a plethora of fraudulent acts committed by those of high status within their respective corporations, most of which involve internal fraud. Internal fraud has two main aspects, misappropriation of assets and fraudulent financial reporting, with the focus of this discussion lying within the former. Misappropriation of assets is defined as fraud for personal gain. It is the most common type of fraud found among employees and frequently includes theft of cash and inventory. Misappropriation of asserts, better yet, fraud in general, is relevant to and pivotal for accountants, auditors, and people in business for the simple fact that the losses from fraud affects the†¦show more content†¦Swartz borrowed approximately $33,097,925. (Sri Media 2002) This falls under the category of misappropriation of assets because these funds were taken form the company and it violates the separate economic entity principle f or accounting purposes. Monies were borrowed form the company for personal use and gain which is misappropriation of the firm s assets. Swartz borrowed millions in non-program loans to purchase, develop and speculate in real estate; to fund investments in various business ventures and ownership of Tyco stock. (Sri Media 2002) Kozlowski also caused a Tyco subsidiary to purchase property in Rye, New Hampshire from [him] on July 6, 2000 for $4,500,000. After an appraisal in March 2002 valued the property at $1,500,000, Tyco wrote down the carrying value of the property to the appraised value and charged [him] $3,049,576 overpayment to expense. [He] also used millions of dollars of company funds to pay for his other personal interests and activities, including a $700,000 investment in the film Endurance; more than $1 millionShow MoreRelatedMisappropriation Of Assets Essay1360 Words   |  6 Pagescorporations, most of which involve internal fraud. Internal fraud has two main aspects, misappropriation of assets and fraudulent financial reporting, with the focus of this discussion lying within the former. Misappropriation of assets is defined as fraud for personal gain. It is the most common type of fraud found among employees and frequently includes theft of cash and inventory. Misappropriation of asserts, better yet, fraud in general, is relevant to and pivotal for accountants, auditorsRead MoreOccupational Fraud : A Glance At Asset Misappropriation And Other Types Of Organisational Fraud Essay1074 Words   |  5 Pages II. OCCUPATIONAL FRAUD – A glance at Asset Misappropriation and other types of organisational fraud Now that we have tolerably defined ‘fraud’, we can move on to explain ‘Occupational Fraud’ which is an internal fraud i.e. generally committed by employees/members associated with an organisation, and more closely related to corporate governance. Occupational Fraud is defined as: â€Å"The use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employingRead MoreClassification of Fraud Cases1382 Words   |  6 Pagesâ€Å"Fraud Tree† for classifying frauds. (See pg.20 Appendix 1) It categorizes the individual fraud schemes into some classification model of categories, subcategories, and micro categories. Furthermore, there have three main categories consist of asset misappropriation fraud, corruption and fraudulent financial reporting. Besides, each category of fraud has unique characteristics. (See pg.21 Appendix 2) The 2012 Report to the Nations on Occupational Fraud and Abuse analysed 1,388 fraud cases. The medianRead MoreThe Value Of Forensic Audit1472 Words   |  6 Pages TOPIC: CRITICALLY DISCUSS THE VALUE OF FORENSIC AUDIT PROCESS IN THE DETECTION AND PREVENTION OF ASSET MISAPPROPRIATION FRAUD BY MASHIANE HELLEN MASERA STUDENT NUMBER 44328702 SELECTED CRIMES AND TRANSGRESSIONS: FOR 5907 A UNIQUE NUMBER: 770549 ANNEXURE C DECLARATION OF AUTHENTICITY NAME: MASHIANE HELLEN MASERA STUDENT NUMBER: 44328702 REGISTRATION YEAR: 2017 I, the undersigned, hereby declare that the work contained in this research portfolio is my own originalRead MoreManagement s Policies Regarding Compensation Included Extreme Incentives1247 Words   |  5 Pagesprogram may lead employees to rationalize that booking fictitious revenue related to foreign currency exchange will go unnoticed. Misappropriation of assets The likelihood that the control environment will prevent misstatements arising from misappropriation of assets is low. Dickon Technologies has controls in place to prevent misappropriation of assets; however, many of these controls are not properly implemented. Management concluded that staffing is currently at an adequate level inRead MoreEssay Audit Engagement993 Words   |  4 Pageswould prevent misstatements arising from misappropriation of assets and fraudulent financial reporting. nbsp;nbsp;nbsp;nbsp;nbsp;The controller, CFO, and CEO review all financial reports before releasing them. Another area to consider was the assignment of authority and responsibility. Because three different people review the financial reports, it’s easier to identify any mistakes that may have been made which in turn reduces the chances of misappropriation in fraudulent reporting. Through conversationRead MoreDickinson Technologies Essays1577 Words   |  7 Pagessupervisors and on tope of that the senior management does not exercise significant oversight on such decisions and activities. 3. The controls related to safeguarding the assets: Section 3, under topic Management’s Philosophy and Operating Style, of the questionnaire suggests that control system to protect valuable assets exists, but, number of examples of failure to adhere to the system or lack of appropriate management oversight were observed. 4. The segregation of duties, particularly in keyRead MoreFraud : Fraud And Fraud1551 Words   |  7 Pagesfraud, an auditor must be able to differentiate between what is considered fraud and what is considered error. Fraud as defined in our textbook as â€Å"intentional misstatements that can be classified as fraudulent financial reporting and/or misappropriation of assets.† On the other hand, error is â€Å"unintentional misstatements or omissions of amounts or disclosures.† This simply means that fraud and error can have the same affect on a company and its books, the main difference between the two is the intentRead MoreCase Analysis : The Fraud1004 Words   |  5 Pagesfrom fraudulent financial reporting and misstatements arising from misappropriation of assets. A misstatement arising from fraudulent financial reporting is the intentional misstatements or omissions of amounts or disclosures in financial statements to deceive its user and the financial statements are not presented in conformity with the GAAP. A misstatements arising from misappropriation of assets is the theft of an entity s assets which may be accompanied by false or misleading records or documentRead MoreActg 440-Case 3 Essay1001 Words   |  5 Pagesprocedure would have been effective in preventing or detecting the defalcation could have been a separation of duties. 2. a) Since the purchasing agent usually set up wrong purchase orders to factious vendors, we could consider this as an asset misappropriation. The auditor would have identified the risk primarily through review of operational procedure. b) Firstly, we should understand the business and identify what kind of risk the company will face, which operational area should be improved

Wednesday, December 11, 2019

Professional Practices in Information Technology for Risk Treatment

Question: Discuss about theProfessional Practices in Information Technology for Risk Treatment. Answer: Assessment of the Risk Treatment Method The team leader of development of the application has identified the risks with the implementation of the application. Hence she is suggesting to the client that the compatibility to the Windows platform should be removed from the project. The kind of risk treatment method, which has been applied here is the avoidance of risks. In this kind of risk treatment methodology, the person can take a decision of not taking the risk by trying to avoid the actions, which would be the cause of the risk. Selection of Risk Treatment Method Avoidance is a method of risk treatment, which should be applied when a section of a project becomes too difficult to be performed by the company. The company would have to access all the factors that would affect the company before proceeding with the task. If the company comes to know that the implementation of the software would not be performed by the company, then they should try to avoid the attempt of taking risk in the implementation of the software. This would be helpful for retaining the reputation of the company (Hillson Murray-Webster, 2017). Justification of the Scenario The scenario is an example of Transference (Chen, 2013). The phenomenon of transference could be defined as a transfer of the position of a job to any substitute who would be suitable to perform the job. With the implementation of the transference principle, the HR department would employ another person would be a specialist in the particular field of work. Difference between Avoidance and Acceptance The avoidance of risk is the process of elimination of activities, exposures and activities, which could affect the assets of an organization in a negative way. The management of risks would aim to control the compensations of the events of threat The acceptance of risks is defined as the assumption of the possible risks, which would come with the implementation of a particular task. This process could help an organization to take certain steps that could help in the treatment of the risks. References Chen, S. (2013). The Role of Theories in Mental Representations and Their Use in Social Perception: A Theory-Based Approach to Signi?cant-Other Representations and Transference. InCognitive Social Psychology(pp. 126-143). Psychology Press. Hillson, D., Murray-Webster, R. (2017).Understanding and managing risk attitude. Routledge.

Wednesday, December 4, 2019

NJHS free essay sample

Have you ever had to shift to a new town, or move into a new house? Did you wonder what it would be like? Would it be a pleasant place, would there be gracious people there, would it be easy or hard to move? Since we are now in eighth grade, we also will have to move to a new part of the school system. It might be problematical; it might be a nice, modern experience. We may acquire lots of homework, but I think that we’re ready to move on. The three reasons that prove I am ready to move on are, I’ve been accepted into NJHS, I’ve never been in deep trouble, I have high-quality grades, and I show responsibility through my job. The first reason that verifies that I am ready for high school is that I have been accepted into National Junior Honor Society. My whole middle school life my sensational report card has always had A’s across the board, or at least close to. Since I’ve accomplished that, I feel in my head I’ve set a high bar that I must succeed, and my teachers also know I can succeed. In 8th grade NJHS has also recognized my academic achievements by accepting me into their remarkable club. I also have phenomenal behavioral skills within the classroom and halls. Detention, suspension, and obviously expulsion have never emerged my way throughout middle school. Now I’ll admit it, I’m not totally perfect. Sometimes my mouth as a mind of its own and talks, but by my grades and effort students and teachers see, shows that eventually the paper or assignment ends up in the bin. Before verbalization, not always the case, but when teachers look at my spectacular report card and see all A’s, I must of shut off the chatterbox for a little bit. Some would say, â€Å" So what, the kid can get good grades, but how many signature does he have on his card?† From 7th grade only 1 signature the whole year. I think that proves that I like to have fun, but am reasonable about it. I also believe I’ve proven to my friends that I am a healthy individual. Choosing an invigorating propel over saccharine dew, a granola bar instead of a snickers are some of my healthy habits. Most of all I believe I have done this by staying active in sports and keeping myself physically fit. Although my body and mind have drastically changed, both have become much healthier and energetic. By losing 33 pounds in 6th grade, and beginning sapient life long eating habits. Finally I have proven to coaches that I may not be the best on the team, but I will try my absolute hardest to be the player they want me to be. Putting 100% every game and even practice shows them my work ethic, but more importantly working hard and trying to get better even when the coach isn’t looking. After school this year, I’ve also gone to the fitness center to become more durable and expeditious. I may not be the best, but I know and the coaches know that’s what I’m always striving for. Although NJHS is sometimes undoubtedly tough and I think, † Why am I in this,† I always tell myself, â€Å" You can do this, and you deserve this honor.† Having straight A’s, staying out of trouble, starting a healthy lifestyle, and lifting weights are some of the ways this honor particularly deserves for me. I hear some kids say they wish they weren’t in NJHS. Before this past week other kids have probably heard me say that, but NJHS is an honor, nor a job. I could quit any second, but I’ve worked to hard in middle school to throw all of that away.