John E. Stapleford‚ Professor of Economic Development at Eastern College in St. Davids‚ Pennsylvania‚ rightly states that ethics and economics are the ground-level topics of this book. The author also makes the valid point that both economics and ethics developed as branches of philosophy. He further observes that over the years‚ barriers between the two disciplines have developed with most economists avoiding any explicit mention of the ethical implications of the economic theories and concepts
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The purpose of John Stapleford’s book‚ Bulls‚ Bears‚ and Golden Calves‚ is to provide a useful overview of economic analysis. Using a Christian view point Stapleford cover a variety of important public policy issues. He uses Biblical thinking‚ scriptures and ethics to many of today’s major topics in today’s economy‚ such as: legalized gambling‚ pornography‚ economic growth‚ proper role for government‚ poverty‚ the environment‚ immigration‚ population control‚ less developed countries and more. To
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proper controls. He identified the project as a high risk engagement‚ but did not do any of the necessary audit procedures to remedy this. Therefore‚ there was an audit failure. Sullivan was not completely at fault as it was fraud so people at Golden Bear were purposefully committing a white collar crime‚ but he should have exposed it by forcing them to disclose any changes in valuation techniques‚ as well as make them be more accurate with their revenue valuation. Did not follow-up. Because something
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Golden Bear Golf‚ Inc. 1)Which “management assertions” were relevant to Paragon’s construction projects? Describe an audit procedure that Arthur Anderson could have employed to corroborate that assertion for each. Professional auditing standards identify 5 “management assertions” that commonly underlie a set of financial statements. These 5 assertions are: occurrence‚ completeness‚ valuation/allocation‚ rights/obligations‚ and presentation/disclosure. With respect to the audit of Paragon’s
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Gold Bear Golf‚ INC. 1. The professional auditing standards have a set of five management assertions. Of the five assertions‚ three are very important in regards to the Paragon audit. The descriptions below‚ audit procedure is explained that would have ensured the audit was completed accurately. a. Occurrence- The management assertion that ensures a particular transaction actually happened. In the case of a construction company such as Paragon‚ this could be verified by going to a job site and
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circumstances in relation to bobby calves in dairies‚ related abattoirs’ and assorted slaughter and holding places. The essay will also examine the laws‚ policies and regulations currently in place regarding this topic‚ and whether or not the laws in place are doing everything possible to prevent the abuse of young bobby calves born to dairy livestock. Introduction This report will endeavour to create an extensively detailed inquiry regarding the abuse of calves in the Australian dairy industry
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Stress of Calves The stress of calves depends on several factors which overall impacts the weight which then impacts the price of feeder calves. Some stress factors include shipping stress‚ weather or change in climate‚ penning the calves and being in unfamiliar areas‚ and the types of feed being fed to the cattle. Shipping stress‚ especially in a semi‚ is common because it is one of the most used way to transport cattle from one place to another. Transporting cattle this way is the most effective
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Introduction This paper discusses the Golden Bear Golf Inc after Initial Public Offer in 1991‚ highlighting the accounting practices and methods were used in recognizing the company’s revenue. This paper explains the fraud occurred in recognizing the revenue and how it overstated the financial statements and increased the stock price. It also explains the fraud theory applied to the revenue recognition and the auditor’s failure in discovering the fraud and reports it to the SEC. This paper will
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Cellular Respiration Lab - The Bean Lab lntroduction In today’s lab‚ you will be investigating cellular respiration. Cellular respiration as you know is the process that cells use to use to obtain energy from organic molecules. Typically‚ you will see the equation for cellular respiration represented in the equation below. CeHrzOo + 6 Oz+ 5CO2 + SHzO + EnergY This equation represents aerobic cellular respiration. Aerobic respiration occurs in the mitochondria of eukaryotic cells
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Bear Encounters Colorado has a healthy population of bears. There are 16‚000 to 18‚000 bears roaming around looking for food from April to Thanksgiving and there are hundreds of bear encounters each year. This year experts predict the chances of bear encounters will increase because food supplies are low. Colorado Parks & Wildlife said your chances of a bear encounter increase when you leave attractants around your home or camp site. Those items include trash‚ food wrappers‚ and bird and dog
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