Management and Cost Accounting for Leadership- myassignmenthelp

Question: Talk about theManagement and Cost Accounting for Leadership. Answer: The foundation of Woolworths can be expressed as it is the longest store chain from Australia. Working in excess of 1990 stores all over Australia, the organization maintains its business through 11,500 colleagues with appropriation focuses, stores and the help workplaces for giving the clients wide scope of administrations, accommodation, worth and predominant administrations. As it falls under the most imaginative Australian retailers, the organization is very much aware about the way that the clients consistently search for straightforward and new path for delivery and in like manner furnish the clients with agreeable experience of shopping (Woolworths.com.au 2017). The organization perceives the cost initiative methodology as the activity set for conveying or delivering the administrations or products at limited expense when contrasted with the contenders alongside different adequate highlights to the clients. To get most extreme yield at the limited cost, the organization created deal up/costs down methodology for most recent couple of years that were intended to diminish cost related to creation and Woolworths effectively applied the techniques to bring down their costs (Mortimer and Ingersoll 2015). Taking a gander at the fiscal report of the organization, it tends to be recognized that the expense of products sold of the organization is legitimately related with the expansion or decline in the business level. Notwithstanding, the expense of doing the business for the year 2016 is higher when contrasted with the business level as it came to $ 13,074.5 million when contrasted with $ 12,702.4 million of every 2014. Taking a gander at the lease costs it is recognized that the lease of the organization is in expanding pattern and from $ 1898.70 million out of 2014 it went up to $ 2033.9 million of every 2016. Notwithstanding, the organization had the option to make installment of its acquiring during the year that decreased the money cost of the organization during 2016 to $ 207.7 million from $ 218.9 million out of 2014 (Woolworths.com.au 2017). The cost authority approach is utilized by the organization for cost decrease as to the working cost like in the nick of time approach. This system is utilized for dealing with the items in the flexibly chain for diminishing the wastage cost and capacity cost through creation the products accessible to the retailers precisely when they require the merchandise. To execute the technique effectively the organization is required to actualize the cost recharging approach proficiently for estimating the normal interest for the future time frame. The advantages of this system will decrease by and large expense through removing the capacity cost and wastages and expanding the edge of benefit (Klein 2017). In any case, the essential difficulties that the organization faces here is the long scope of separation among providers and stores as the providers of Woolworth is dispersed all over Australia. Aside from this, the capacity costs are required to rise if the arrangement of expectation gives terrible showing (Fernie and Sparks 2014). There are different social advantages and worth augmentations through limiting the losses as it convey the ordinary chances to the networks and the cost gauge and financial plan of the organization can be set up as follows Points of interest 2017-18 ($ m) 2018-19 ($ m) 2019-20 ($ m) Planned deals 39,000.00 40,950.00 42,997.50 Less: cost of products sold 30,030.00 31,941.00 32,248.13 Net benefit 8,970.00 9,009.00 10,749.38 Costs Deterioration on fixed resource 170.00 182.00 178.00 Amortization of impalpable resources 25.00 28.00 32.00 Representative compensation and the on-cost costs 4,200.00 4,700.00 4,600.00 Superannuation costs 720.00 610.00 680.00 Costs towards share-based installments 120.00 110.00 90.00 Least rent installments 1,200.00 900.00 1,400.00 Other working costs 400.00 670.00 320.00 All out Expenses 6,835.00 7,200.00 7,300.00 Net benefit before intrigue and duty 2,135.00 1,809.00 3,449.38 Less: intrigue costs 560.00 410.00 730.00 Net benefit before charge 1,575.00 1,399.00 2,719.38 Less: Tax costs 614.25 517.63 1,087.75 Benefit after expense 960.75 881.37 1,631.63 From the above financial plan, the presentation of the organization can be broke down as that the deals of the organization will increment by 5% throughout the following 3 years and the expense of divine beings sold will be 77% and 78% for the year 2018-19 and 2019-20. Nonetheless, the organization is required to lessen the COGS and get it to 75% 2019-20 (Santos et al. 2015). Further, the devaluation costs of the organization will increment during 2018-19 when contrasted with 2017-18 as the organization is hoping to buy another machine for the production line. The amortization costs will be in the expanding pattern. Further, the superannuation costs of the organization are relied upon to lessen during 2018-19 as scarcely any representatives are resigning in the earlier year (Arli et al. 2013). It tends to be noted from the spending that the costs that are relied upon to increment in 2018-19 when contrasted with 2017-18 are required to be diminished by the organization during 20129-20 .therefore, it very well may be said that the organization will find a way to limit the cost at every possible opportunity. From the above investigation it very well may be inferred that Woolworths is one of the confided in brands in Australia in the retail division and the organization faces elevated level of rivalry owing the accessibility of the substitute items. In any case, the organization can accomplish upper hands over its rivals through contribution the items at lower cost, which is conceivable through minimization of wastages and abridging the costs, at every possible opportunity. Subsequently, the organization is prescribed to expand the scope of items later on years. For example, Woolworths turned out to be progressively effective in the wake of assuming control over the alcohol store from Dan Murphy for conveying the new item run in a similar market for drawing in new clients. This was a decent procedure to accomplish upper hand in a develop advertise like Australian retail showcase. Alongside decreasing the wastages and cost, the organization is additionally recommended to give the networks their necessities and inclinations where they work. Reference Arli, V., Dylke, S., Burgess, R., Campus, R. what's more, Soldo, E., 2013. Woolworths Australia and Walmart US: Best practices in flexibly chain collaboration.Journal of Economics, Business Accountancy Ventura,16(1). Fernie, J. what's more, Sparks, L., 2014.Logistics and retail the executives: developing issues and new difficulties in the retail flexibly chain. Kogan page distributers. Klein, M., 2017. African retail darlings.Personal Finance Newsletter,2017(435), pp.14-15. Mortimer, D. what's more, Ingersoll, L., 2015. The effect of deregulation on work relations in the Australian retail industry.Employment Relations Record,15(2), p.43. Santos, M.D., Svensson, G., Padin, C. what's more, Hgevold, N.M., 2015. Corporate hazard presentation by actualizing manageable strategic policies an African case.International Journal of Logistics Economics and Globalisation,6(3), pp.223-235. Woolworths.com.au. (2017). Woolworths.com.au. [online] Available at: https://www.woolworths.com.au/[Accessed 13 Oct. 2017].

Analysis of Rule of the Bone by Russell Banks

Presentation The epic Rule of the Bone by Russell Banks features different subjects that identify with parenthood and youngsters childhood. The hero, Chappie is an ideal youngster whose criminal attitude starts at childhood.Advertising We will compose a custom book survey test on Analysis of ‘Rule of the Bone’ by Russell Banks explicitly for you for just $16.05 $11/page Learn More Banks utilizes Chappie to feature the subject of family establishment and the impacts of poor parenthood. This book survey examines Banks’ point of view on the family. The paper likewise features the disappointments and accomplishments of family in instilling esteems in their kids. Author’s Perspective on Family From the beginning, the creator brings up the significance of the family organization in teaching the correct ethics to youngsters. As indicated by Banks, Chappie’s family is broken. His dad left his mom when he was as yet a little fellow matured five years and seld om sends help to the family. In spite of the fact that she could have sued his dad for neglecting to send provision for his child, she doesn't need him in prison. The reason is that the help would not be imminent regardless during his prison term. Furthermore, she doesn't need Chappie to turn into the â€Å"laughing stock† in their town if his dad turns into a criminal. All things considered, Chappie’s mother neglected to sue his organic dad who at the time was locked in to Rosalie and had abandoned his parental commitments. Furthermore, his mom gets hitched to Ken whom as indicated by the hero is a heavy drinker who has made his mom to start drinking. His reference to Chappie as ‘him’ shows his absence of enthusiasm for the childhood of his embraced youngster. Without a doubt, Chappie develops to accept that he has a place with his mom in spite of the conviction that his stepfather contributed significantly to his life. In that capacity, the writer utiliz es the opening of the novel to show the effect of a messed up home on a child.Advertising Looking for book audit on american writing? How about we check whether we can support you! Get your first paper with 15% OFF Learn More The creator holds the viewpoint that the family is fundamental for home’s solidness and basic to childhood of an adolescent. Because of poor child rearing, Chappie loses all sense of direction in the realm of medications and bombs in school. For sure, he infrequently goes to class and perspectives school’s discipline as a chance to proceed to get high close by Russ and the bikers (Banks 12). His family appears to be frightened by his inability to finish his tests yet infrequently follows up on his communication designs. At his age, he smokes high measures of weed that a mindful parent will rush to notice and offer direction. In any case, Banks says the family speculates that he is on drugs however shows no goal of arranging an exit from the univer se of medications (13). It is clear that the creator delineates Chappie’s family as incapable to deal with him and offers him ‘independence’ that he longs for at a youthful age. As each youngster would bear witness to, opportunity from their parents’ rules and guidelines is a significant part of their lives that they feel is overemphasized. The creator hence utilizes this stage to show the impact of uncontrolled feeling of self-sufficiency among young people. Because of expanded feeling of opportunity, Chappie neglects to see his life past medications. The creator anyway doesn't censure him for his misguided thinking. In actuality, he shows that the disappointment of his family to give quality upbrinbging has made Chappie a ‘junkie’ who battles to make the wisest decision however has just disguised a part of culpability inside him. Banks contends that Chappie had lost his way at six years old years (14). This is an age that the guardians would consistently be in charge of their youngsters, which is not true anymore in the novel. In spite of his unbecoming conduct, his mom and Ken set up with him and neglect to give the necessary direction to his life. There are different examples that his family sabotages the estimation of legitimate parenthood. In the first place, Ken and his mom trait his disappointment in the instruction framework to his powerlessness to settle on the correct decisions. They censure his disappointment yet find a way to upgrade his instructive achievement (17). Moreover, the writer is on point to show that Chappie’s robbery of gift coins of his grandma isn't very much dealt with regards to his family.Advertising We will compose a custom book survey test on Analysis of ‘Rule of the Bone’ by Russell Banks explicitly for you for just $16.05 $11/page Learn More His mom just figures out how to cry while Ken utilizes savagery to affirm his feelings. They don't perceive the degree of depen dence that is in Chappie. Likewise, when Chappie is found shoplifting, her mom encourages him out and also, she surrenders to the requests of her child who requests twenty dollars to get high on weed (Banks13). Banks is on point for featuring the materialistic part of family establishments. Chappie is kicked out of his home by his folks and looks for shelter in Russ’s house. Regardless of his conduct, he realizes that how generally will be acknowledged go into the family. He purchases costly Christmas presents for his mom and Ken. At the point when he carries the presents to them, they neglect his culpability and welcome him home (Banks 23). As such, his family accepts that Christmas presents brought by Chappie mirror his improved conduct. The creator evaluates this trait of the family. The job of the guardians as indicated by Banks has diminished to realism and fixation on presents and blessings from their youngsters. They don't think about the wellspring of the presents, ra ther they promptly acknowledge them and for this situation, welcome Chappie to remain with them. Banks isn't totally frustrated with Chappie all through the novel. This is on the grounds that he gets an elective family that furnishes him with the capacity to change prompting his accomplishment in Jamaica. His relationship with Russ and the bikers is more satisfying as a perfect family than it is with his mom and stepfather. At the point when he is kicked out of his home, Russ offers him a spot to rest while Hector encourages him to be on his feet by giving him weed to sell (Banks 57). It is here that his association with the bikers gets clear and he can modify his life. Despite the fact that the bikers betrayed him and denied him a spot to rest, he abandons a miscreant to a legend. As indicated by Banks, he spares the life of a young lady in the lanes and expect a positive character despite the fact that it is as yet implanted in guiltiness (73). All things considered, the creator s ees a perfect family as equipped for distinguishing the correct stage for their kids to flourish. For this situation, Chappie gets it in a domain of drugs.Advertising Searching for book audit on american writing? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Job of Family in Child Upbringing It is likewise worth referencing that the author’s perspective with respect to a family has exchanged radically all through the novel. Toward the end, Bone is effective and lives like a lord in Jamaica. He can declare his choices on the snap of companions that he holds. Without a doubt, this denotes his drop out with Russ whom for since quite a while ago had expected the job of authority (Banks 139). In the arrangement of experiences that result, Bone conducts himself with pride prompting the evident reliance of characters like Rose on him. In spite of the author’s delineation of poor child rearing as a causative factor of criminal mindset, he depicts Bone in the second piece of the book as effective in his endeavors to stop medicates and evade terrible impacts (Banks 142). Banks along these lines underplays the job of the family in the inevitable achievement of a person. Bone speaks to this affirmation as in he once in a while relies u pon his family to get free. The job of the family limits to demonstrating a youngster his/out of culpability. Be that as it may, similar families have for a really long time been oblivious of their children’s exercises. Chappie’s family gives a ground to kid misuse and carelessness. His stepfather explicitly, truly and mentally manhandles him in a horde of cases (Banks 14). Combined with his pestering mother, Chappie’s odds of turning into a capable and a persistent young person are tremendously decreased. With that in mind, the book depicts family as a foundation that is negative to government assistance of a youngster if not all around oversaw. Bone discovers out from packs and it turns out to be evident that his family was the wellspring of his burdens. This further attests the creators observation that family organization isn't hugely vital for progress. Despite Bone’s achievement, pundits would call attention to that it is installed in guiltiness and criminal operations. He sells weed when living in the lanes and takes part in exercises, for example, shoplifting that obviously portrays him as a freak individual from any general public. This infers subsequently that the observation that Banks makes when he portrays Bone as a pointer of achievement is a long way from the real world. He ascends by driving road evildoers since he is one of them. I-Man is a case of a character whose conviction in Rastafarianism had driven him to illicit drug use yet he stays a nearby accomplice of Bone. Consequently, the job of family organization is enhanced as Bone prevails as an evildoer, which isn't thought of and celebrated by society. In any case, self-assurance and self †acknowledgment are the conduct qualities that the creator brings up as fundamental for disregarding culpability. Synopsis In aggregate, Banks declares that the contemporary family organization can't adapt to young people. This is because of its attributes that incorporat e viciousness, liquor addiction, realism and absence of adoration. In the novel, they have encouraged Chappie to be free and settle on liberal decisions. All things considered, Chappieâ€

Blog Archive Beyond the MBA Classroom Blind Dates at the Stanford GSB

Blog Archive Beyond the MBA Classroom Blind Dates at the Stanford GSB When you select an MBA program, you are not just choosing your learning environment, but are also committing to becoming part of a community. Each Thursday, we offer a window into life “beyond the MBA classroom” at a top business school. The Blind Date program  at the Stanford Graduate School of Business was established in 2010â€"2011  to help students meet and get to know more of their classmates. “You sign up to say, for example, I’m available for coffee at the following times and want to meet two new people,” explained a first year with whom we spoke. “Then an algorithm matches people. You might know them, you might not, but it’s a good way to meet people. I now know 250â€"300 people in my class, in just eight months. This was a student-initiated activity by one guy in the class [of 2012] who knows computer programming and is very social.” For in-depth descriptions of social and community activities at the Stanford GSB and other top MBA programs, check out the mbaMission Insider’s Guides. Share ThisTweet Beyond the MBA Classroom Stanford University (Stanford Graduate School of Business)

Hollywood Studios And The Movie Industry Essay - 1353 Words

Many Hollywood studios were prosperous in the international movie industry. These studios improved American Films and continue to be affluent today. Hollywood was the birthplace of movie studios, which were of great importance to America’s public image in the movie industry. The earliest and most affluent film companies were Warner Brothers Pictures, Paramount, RKO, Metro Goldwyn Mayer, and 20th Century Fox, each of whom owned their own film production sets and studios. Universal, United, and Columbia Pictures were also considered noteworthy, despite not owning their own theaters, while Disney, Monogram, and Republic were considered third-tier. (History Cooperative) These studios composed â€Å"The Big Five†, the film studios that controlled Hollywood for over fifty years and distributed an estimated 90% of Fiction films around the world: Warner Brothers Pictures (WBO), Paramount, RKO (Radio-Keith-Orpheum), Metro Goldwyn Mayer (MGM), and 20th Century Fox. These studios were similar, but they had some unique traits that defined their studios such as MGM’s iconic lion roar introduction and Paramount’s greatest stars of the 1920s with Rudolph Valentino, Mary Pickford, and Douglas Fairbanks. With an enormous public image, these studios managed to earn millions and improved the film industry in America. Due to the enormous success of â€Å"The Big Five†, other studios such as Universal, United, and Columbia Pictures were overshadowed and struggled to persevere in the film industry.Show MoreRelatedA Brief History of the Film Industry1268 Words   |  5 PagesFilm industry is a group of factors that lead to moviemaking. The first idea of film was a picture, moreover pictures that moving in a certain way to look like a movie. The French Lumiere Brothers are the first hand of making the new modern film industry. In the beginning the films were with no technology, its lack of sound and colors, and it’s only for seconds. 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Both the manner in which most black characters are portrayed in Hollywood films and ideas conveyed by the latter suggest that Hollywood’s approach to racism is ultimately negative. However, Hollywood films shot in more recent times and Hollywood’s attitude to non-white actors speak about the film studios’ hypocritical approach to racism, as Hollywood’sRead MoreOhio Motion Picture Tax Credit Case Study1623 Words   |  7 PagesPicture Tax Credit in 2009 to motivate film industries to choose Ohio as their location and Cleveland has been the popular city to film movies in. Marvel Studios would thrive under this tax credit because â€Å"Eligible productions can receive 30 percent on production cast and crew wages, as well as other eligible in-state spending† (Ohio Film Office, 2009). $300,000 must be spent on filming for this tax credit to apply to film producers. 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Over the yearsRead More The contemporary Hollywood blockbuster is not so much a film as a dev1631 Words   |  7 Pages â€Å" I like ideas, especially movie ideas, that you can hold in your hand. If a person can tell me the idea in twenty-five words or less, its going to make a pretty good movie.† Steven Spielberg.’ For this essay I intend to discuss how Hollywood as an industry has used the marketing strategies of blockbuster films to significant advantage in film merchandising. Along with the use of mass merchandising as a form of marketing films, with the hope of creating awareness among the public. As merchandisingRead MoreFinancing Of A Film Project791 Words   |  4 Pages Financing a movie is typically based on the number of financial resources available. These resources could come from the studio, the producer, an investment partner or any combination of these resources. The credits of a film can be one illustration of the number of these resources and organizations that may have been involved in one project. Another method of raising capital for films involve a producer starting the film to get the project up and running and then needing to provide metricsRead MoreThe Golden Age Of Hollywood1744 Words   |  7 Pagesdemise of the old studio system and the continuing drop in cinema attendance that resulted in the New Hollywood era (Thompson and Bordwell 474). This essay will argue that despite the old Hollywood studio system that indeed has collapsed, a new form modification of the â€Å"Classical Studio Genre†, a different approach in identifying a newfound audience and the resurgence in independent production companies resulted in the reenergized United States film community seen in the Hollywood Renaissance (Corey

Essay on Act One Of Othello - 2439 Words

What Is Shakespeare’s Achievement In Act I Of Othello? Shakespeare’s own personal aim was not to write a social and political reflection of his era, as many contemporary readers believe, it was; purely and simply, to entertain his audience. This does not mean that there can be no social and political reflections within Othello, it means that the reflections are there, not for the sake of social and political commentary, but for the sake of entertainment and pleasure. Aristotle explained in â€Å"Poetics† that the audience’s pleasure consists not merely in observing the play, but criticizing, evaluating and making comparisons. These activities produce pleasure, thus it is not a mindless pleasure. There must be intellectual and emotional†¦show more content†¦Othello is described by Iago as being pompous and immodest, Iago is only serving Othello to â€Å"serve [his] turn upon him†, this immediately shows the self-serving nature of Iago. We are quickly shown that Iago is bitter and twisted that he has no t gained the rank of Othello’s lieutenant, thus his estimation of Othello is not fully believed or accredited by the audience. Furthermore Iago goes on to admit to his own deceptive nature by explaining he is not what he seems to be, he explains â€Å"I am not what I am†. In the first scene Iago launches into a speech of how he despises â€Å"knee-crooking knave† who serves his master for nothing but â€Å"provender† (bed and board). He then explains how he admires the servant who wears a â€Å"visage of duty† while serving no one but himself. These servants â€Å"have lined their coats† and then when they have used their master for money they â€Å"Do themselves homage†. Iago, once more, confesses to being one of these self serving and deceptive men. By showing Iago’s true colours, Shakespeare is casting Iago’s view of Othello in a very low estimation. Shakespeare’s initial portrayal of Roderigo, is of a rather dim and naà ¯ve man. Firstly, he has paid a clearly dishonest self serving man, Iago, to promote a match between him and Desdemona, to her father, Brabantio. Secondly, nearly all Roderigo’s conversation consists of subservient comments towards the manipulative Iago. He is constantly agreeing andShow MoreRelatedAnalysis of Act One of Othello by William Shakespeare Essay1474 Words   |  6 PagesAnalysis of Act One of Othello by William Shakespeare Act 1 is an exceptionally indicative passage of writing in which Shakespeare attempts to divulge the coarse essence of Iagos nature to the audience. Indeed, by the conclusion of line 66 the audience not only understands - in broad terms - Iagos motives and grievances, but also something of the manner in which he intends to consummate Read MoreAct One Scene 3 of William Shakespeares Othello Essay1008 Words   |  5 PagesAct One Scene 3 of William Shakespeares Othello Referring to the passage in page 155, I have analysed several points in conjunction to background knowledge, in attempt to answer the task set above. Initially, I feel that it is very important to relate to the character of Iago. As a character, Iago has the potential to be a man of extreme power but he does not have the tool that we refer to as money. All that he has is ambition; and he remains malcontent until he attainsRead MoreCharles Thao. Mrs. Koth. 4Th Hour. 4/6/17. 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But when he makes the decision to make Casio Lieutenant instead of Iago, Iago makes a plan to destroy Othello’s life completely. Iago convinces Othello that Desdemona is not being faithful and is cheating on him withRead MoreEssay on William Shakespeares Othello1294 Words   |  6 PagesIn Shakespeare’s play Othello, tragedy unfolds on the account of one man’s actions, Iago. He is a twenty eight year old military veteran from Venice. His personality consists of being obsessive, manipulative, relentless, and bold. From the beginning he expressed his hatred toward s the Moor, or North African named Othello. Othello is a highly respected general and is also married to the pure Desdemona. The marriage between Othello and Desdemona is destroyed due to Iago’s actions and lies. His actionsRead MoreDifference of Othellos Behaviour in Act One and Act Two981 Words   |  4 PagesEnglish Literature - Othello How is Othello’s behaviour in Act Two different from his behaviour in Act One? How do you account for this change? What consequences do you think it will have? In Act One, Othello appeared to be in control of his emotions. When Brabantio confronts Othello, accusing him of stealing and raping his daughter Desdemona by means of witchcraft, Othello is calm and tells his men to stop the fighting. Although he is being accused of kidnapping and raping Desdemona, in whichRead MoreOthello, By William Shakespeare923 Words   |  4 PagesA noticeable theme throughout Othello is that looks are not always what they appear to be. We see this right from the start and all the way to the end. The characters take what they hear and interpret and mold it so that what they see automatically fits into the mental mold they have already created, therefore confirming their suspicions. Iago makes use of a deadly weapon, his words, to mislead characters into misinterpreting what they see. The characters in Othello are unable to recognize the hiddenRead MoreChenjie Chai. Ms. Milliner. Cuny Ela Period 2. 1/19/2016.1397 Words   |  6 Pages Essay Shakespeare s famous play of love turned bad by unfounded jealousy. His Othello also tells a sad story. The story begins in Venice with Iago, a soldier under Othello s command arguing with a wealthy Venetian, Roderigo. Roderigo has paid Iago a considerable sum of money to spy on Othello for him, since he wishes to take Othello s girlfriend, Desdemona as his own. The story to this as the main line, there have been many tragic things. In the storyRead MoreOthello, By William Shakespeare1012 Words   |  5 PagesTo reach Desdemona specifically is unforeseeable for Iago considering that Othello is better than him. It is consequently that Iago chooses to adventure Othello. In the event that Iago can turn Othello against his own particular wife he will have vanquished his restriction. Act III Scene III, is vital in light of the fact that it is the point in the play where Iago starts to build up his control of Othello. 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Accounting Frauds ZZZZ Best Company, Inc - 1022 Words

ZZZZ Best company is one of the biggest examples of Accounting Frauds. The founder of ZZZZ best was Barry Minkow. He was a very smart young entrepreneur when he started the company. He was involved in credit card forgeries prior to starting his own carpet cleaning business â€Å"ZZZZ Best Company†. Minkow began his business with small carpet cleaning jobs and he became a multimillionaire in a very short period of time. Minkow met a person named Tom Padgett at Los Angeles Health club. This was the beginning of Minkows big fraud scheme. Padgett was the insurance claims adjuster and Minkow became his friend. After becoming Padgetts friend, Minkow thought of using his friendship with him to make profit in his business. He convinced Padgett to†¦show more content†¦It was stated in the article that Minkow was involved in credit card forgeries at a very young age prior to starting his own company. This was the time when investors and others associated with ZZZZ Best started to step back. This was a major reason that concerned Ernst Whinney about ZZZZ Best. In addition to the news article, Ernst Whinney also received a letter from an anonymous writer, who warned them about the fraud in ZZZZ Best. It was stated that the assets of ZZZZ Best are not properly reported and the insurance restoration contacts were all fraudulent. Ernst Whinney questioned Minkow about the fraudulent Insurance restoration contracts but Minkow was able to prove them that the contracts exist. He gave them the address of a building that was being restored and he bribed the security guard and others to tell them that the building is contracted under ZZZZ Best Company. This was sufficient to prove Ernst Whinney that the contracts stated in ZZZZ Best financial statements were accurate and they did exist. In spite of that, Ernst Whinney did not audit the ZZZZ Best in 1987 due to Minkows bad reputation and the news about the fraudulent contracts. Minkow was successful in getting a way from another audit and continued operating his firm with all the fraudulent contracts and other credit card frauds. According to my understanding of this case, I think that the auditors should beShow MoreRelatedCase Study : The Best Company, Inc.1213 Words   |  5 PagesKathleen Ng ACCT 4501W Case Analysis 1 ZZZZ Best Company, Inc. ZZZZ Best Company, Inc. was founded by Barry Minkow in the fall of 1982, located in San Fernando Valley of Southern California. At this time, he was 16 years old and started a small carpet cleaning operation out of his parent’s garage. Due to client complaints and competition, he was short of capital and needed money but was unable to get help from banks due to low profitability. This led him to think of other ways to finance his businessRead MoreZZZZ Best Company, Inc: An Analysis3666 Words   |  15 PagesZZZZ Best Company Inc. Introduction This paper explores the ZZZZ Best Company which was begun by a 16 year old individual who was able to pull the wool over the eyes of many customers, investors and auditors. This paper will define the difference between review and audit when it comes to financial reports, comments on the procedures provided with regard to the management assertion of occurrence, verification of payments for jobs and how they can lead auditors to improper conclusion, the purposeRead MoreZZZZ Best Company: The Backlash Essay845 Words   |  4 PagesCase 1.9 ZZZZ Best Company, Inc, 1. Ernst amp; Whinney audit firm suffered tremendously from the backlash of ZZZZ Best’s case. One of the issues stemming from ZZZZ Best’s case is the difference between a review and an audit as evidence by civil suit filed by a California bank against the firm. The bank claimed that its decision to grant ZZZZ Best’s loan was based on the opinion of Ernst amp; Whinney review of ZZZZ Best’s financial statements period ending July 31, 1986. The case was ruled in favorRead MoreZZZZ Best Case Study: Understanding Audit and Review1205 Words   |  5 Pagesobtaining an understanding of internal control structure. Also, a review does not assess control risk, tests of accounting records and responses to inquiries by obtaining corroborating evidence through inspection, observation or any other audit procedure. It can point out significant matters of the financial statements but does not provide assurance of their accuracy. The issue with ZZZZ Best case is that the auditors review was not sufficient enough to review any misstatements on the financial statementsRead MoreElements of the Fraud Triangle 1582 Words   |  7 PagesCase 1.9 ZZZZ Best Company, Inc. Delta. Describe the elements of the Fraud Triangle that apply to this case. Assume you are the perpetrator. Is there a better way to perpetrate this fraud? If there is, describe your method. Specify practical recommendations for the client to prevent this fraud from occurring in the future. The first element of the Fraud Triangle in the case of ZZZZ Best, case 1.9 is Incentives/Pressure. Incentives/Pressure- As a result of the pressure placed on a person whoRead MoreAuditing Cases22626 Words   |  91 Pagespipes, and sold directly either to industrial customers or to regional gas utilities, which then distributed the gas to smaller businesses and customers. Some companies in the industry had assets related to specific activities within the supply chain. For example, some companies owned pipelines but did not produce their own gas. These companies often entered into Enron 2000 annual report, p. 7. Joseph F. Berardino, remarks to U.S. House of Representatives Committee on Financial Services, December 12Read MoreZZZZ Bests Story 2733 Words   |  11 PagesZZZZ Best, Inc. The start of ZZZZ Best: ZZZZ Best started as a carpet cleaning company. Barry Minkow founded ZZZZ Best in his parents’ garage in 1982 when he was only sixteen years old. Due to high competition in the industry, low enter barriers, and bad internal control, this young entrepreneur started to have cash flow problems, and a shortage of working capital. Pressure Leads to Fraud: Under financial pressure, Minkow started to commit fraud. He forged credit card applications, stagedRead MoreBarry Minkow2480 Words   |  10 PagesBarry Minkow – Misrepresentation and Ponzi in 1987 Establishment of ZZZZ Best Company When he was a sophomore in high school, Barry Minkow founded a carpet cleaning company - ZZZZ Best Company in his parents’ garage. At that time, the carpet cleaning industry has few entry barriers and all Minkow needed was a small amount of start-up capital. However, he soon found out that his firm was actually tough to survive in the industry as the ease of entry means fierce competition. The young man encounteredRead MoreEssay on ZZZZ Best Company, Inc.: Case Study1340 Words   |  6 Pages------------------------------------------------- ------------------------------------------------- ZZZ Best Company, Inc. ------------------------------------------------- Case Study 2 ------------------------------------------------- Due Date: March 30,2010 ZZZ Best, Case 1. Ernst amp; Whinney never issued an audit opinion on financial statements of ZZZZ Best but did issue a review report on the company’s quarterly statements for the three months ended July 31, 1986. How does aRead MoreBarry Minkow: Self-Made Millionaire to Bankruptcy3830 Words   |  16 PagesNews (60 Minutes), Barry Minkow, the founder of ZZZZ Best Carpet Cleaning Company said I started with the best of intentions, really I can say that. And when economic pressure reared its ugly head and I couldnt make payroll, I lied and stole and cheated. Prior to declaring bankruptcy, ZZZZ Best was one of the hottest stocks on Wall Street and Barry Minkow was known as the boy wonder of Wall Street. As the youngest CEO of a $300 million company Barry Minkow was the American Dream come true: a

About the Duties of Husband and Wives free essay sample

By Benjamin Wadsworth, A Well Ordered Family About the Duties of Husbands and Wives Concerning the duties of this relation we may assert a few things. It is their duty to dwell together with one another. Surely they should dwell together; if one house cannot hold them, surely they are not affected to each other as they should be. They should have a very great and tender love and affection to one another. This is plainly commanded by god. This duty of love is mutual; it should be performed b y each other, to each other. When, therefore, they quarrel or disagree, then they do the Devil’s work; he is please at it, glad of it. But such contention provokes God; it dishonors Him; it is a vile example before inferiors in the family; it tends to prevent family prayer. As to outward things. If the one is sick, troubled or distressed, the other should manifest care, tenderness, pity, and compassion, and afford all possible relief and succor. We will write a custom essay sample on About the Duties of Husband and Wives or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They should likewise unite and their prudent counsels and endeavor comfortably to maintain themselves and the family under their joint care. Husband and wife should be patient toward another. If both are truly pious, yet neither of them is perfectly holy, in such cases a patient, forgiving, forbearing spirit is very needful. You, therefore, that are husbands and wives, do not aggravate every error or mistake, every wrong or hasty word, every wry step as though it were a willfully designed intolerable crime; for this would soon break all to pieces: but rather put the best construction on things, and bear with and forgive one another’s failings. The husband’s government ought to be gentle and easy, and the wife’s obedience ready and cheerful. The husband is called the head of the woman. It belongs to the head to rule and govern. Wives are part of the house and family, and ought to be under the husband’s government. Yet his government should not be with rigor, haughtiness, harshness, severity, but the greatest love, gentleness, kindness, tenderness that may be. Though he governs her, he much not treat her as a servant, but as his own flesh; he must love her as himself. Those husbands are much to blame who do not carry it lovingly and kindly to their wives. O Man, if your wife is not so your, beautiful, healthy, well-tempered, and qualified as you would wish: if she did not bring a large estate to you, or cannot do so much for you, as some women have done for their husbands; yet she is your wife, nd the great God commands you to love her, be not bitter but kind to her. What came be more plain and expressive that that? Those wives are much to blame who do not carry it lovingly and obediently to their own husbands. O woman, if your husband is not as young, beautiful, healthy, so well-tempered, and qualified as you could wish; if he has not such abilities, riches, honors, as some other have; yet he is your husband, and the great God commands you to love, honor and obey him. Yes, though possibly you have greater abilities of mind than he has, are of some high birth, and he of a more common birth, or did bring more estate, yet since he is your husband, God has made him your head, and set him above you, and made it your duty to love and revere him. Parents should act wisely and prudently in the matching of their children. They should endeavor that they may marry someone who is more proper to them, most likely to bring blessings to them.