Bubba Tech Inc Essay Example for Free

Bubba Tech Inc Essay After seven years working, Carson became a certified public accountant and Boone successfully complete a masters egree program in Information System at Southern Methodist University. In 2001, Carson and Boone formed a manufacturing company, Bubba Tech Inc. (BTI) in Austin which is privately owned by them and venture capital firm. Boone becomes chief executive officer (CEO) and Carson become chief financial officer (CFO) in BTI. There was no board of director because the firm has completely confidence in the ability of Carson and Boone. Venture capitalists provide a provision into their agreement where Boone and Carson would received 10% return on their investment for five ears and after company went public they would be repaid the amount of their investment. BTI had hired Randy Burnham ; Co. to audit its financial statement on 31 December 2012 due to their plan to go for public within five years. Burnham completed its audit for that five years in BTI and give unqualified opinion on the audited financial statement. In 2007, BTI decided to go as public. In meeting with Burnhams auditor, Boone ask Clint Strait, the partner who in charge of BTI audit to prepare a list of top operational issues to consider as the company went from being privately held to publicly held corporation. Then, Strait set up a team to proceed. The teams consist of Randy Burnham and Clint Strait itself, Shania Hill (the manager in charge of audit), Faith Twain (who had in charge consulting services engagement for BTI), Garth Chesney (tax department) and Kenny Brook (who responsible for information technology work related to audit of BTI). QUESTION 1 Based on the limited facts of this case, prepare a list of the operational issues to present the top management at BTI. Include in your list any corporate governance issues of importance in relation to the management of BTI after it becomes a public ompany and any issues related to the relationship between BTI and Randy Burnham co. ANSWER: Referring to the case of Bubba Tech, Inc. (BTI), there are several operational issues to be presented to the top management at BTI which concerning the corporate governance and issue related to the relationship between BTI and Randy Burnham Co. The operational issues that can be highlighted are the issue of working with potentially biased audit firm, lack of internal control and lack of corporate governance. The chief financial officer (CFO) of BTI, Willie Carson was once an employee of the Randy Burnham Co. , an accounting tlrm that is currently acting as the auditor tor BTI. The relationship between Carson and the auditors from Randy Burnham Co. may cause a conflict of interest. A conflict of interest is a situation in which private interests or personal considerations could affect or to perceived to affect both Carson and the auditors from Randy Burnham Co. Judgements to act in the best interests of BTI. The relationship of Carson and the auditors may influence the Judgement and the decision relevancy that creates many of the conflict of interest problems in the business. For instance, Carson may ask the auditors favour to conceal the material misstatement found in the financial statement from the venture capital firms knowledge. Objectivity and integrity are essential qualities for employees of any organization. The affected result is not only the unqualified opinions rendered for the audited financial statements for previous years are arguable but also the transparency of every future Judgement and decision is doubtful as BTI is working with an audit firm that potentially biased towards BTI. The second issue that can be highlighted is the lacking of internal control in BTI rganization. One of the best defences against business failure, as well as an important driver of business performance, is having an effective internal control system, which manages risk and enables the creation and preservation of value. A system of internal control refers to the process by which organizations maintain environments that encourage incorruptibility and deter fraudulent activities by management and employees. Based on the fact stated in this case, BTI was privately owned by Carson, Boone, and a venture capital firm where Carson has been appointed as CFO, Boone as CEO and there was no board of directors. Obviously all the decision related to operations, management, and financial are decided by either Carson or Boone, or both of them. There is no other party to question, monitor and evaluate their action. This situation is proving the issue of lacking of internal control in BTI organization. If BTI proceeds with the plan to go public, it should establish a well-tailored, govern, and implemented set of internal control in its organization. Corporate governance is the internal structure of a corporation from its lowest level workers all the way up to its executives. Corporate governance has far-reaching ffects not only for the business itself but for the financial market as a whole. In the case of BTI, the CFO management integrity and the external auditor integrity are questionable as the relationship built between them may cause conflict of interests and fraud. Management integrity, or the moral character of persons of authority, sets the overall tone for the organization. However, managements enforcement of policies is the major indicator of an organizations commitment to a successful internal control system. Unfortunately, was not applied by BTI organization. Another issue that can be raised is the segregation of duties. The absent of board of directors fgure in BTI organization causing so many critical issue as there is no stewardship centre that determining the companys approach to corporate governance, including developing a set of corporate governance principles and guidelines that are specifically applicable to the company . Carson and Boone have the freewill to decide on anything related to the company. Segregation of duties is critical to effective internal control because it reduces the risk of mistakes and inappropriate actions.

Hate Crime Laws :: essays research papers

Hate Crime Laws   Ã‚  Ã‚  Ã‚  Ã‚  Since the United States of America and long with the whole world is filled with diversity there will always be conflicts about believes and feelings towards each other. Many people have their believes and keep them to themselves. Then there are the type of people that feel they have to put their believes into actions and hurt others or destroy things to get their point across. These believes that hurt and destroy others things and lives are called hate crimes. Hate crimes are becoming more and more common everyday. FBI statistics show that the frequency hate crimes in America are increasing as the frequency regular crimes in America have been decreasing.   Ã‚  Ã‚  Ã‚  Ã‚  With the increase in hate crimes in America, minority groups are starting to become the prey of the beasts who commit these awful crimes. So the minority groups (Asians, African Americans, Jewish people, Homosexuals, and others) have been pushing to have hate crime laws passed to protect them from violence and ridicule. The laws that are in affect now are only slightly protective of the minorities in hate crimes. The laws that are in state right now say that a hate crime offender can only be prosocuted for their crimes if they are prohibiting the minority or victum of the hate crime from a â€Å"federally protected right†. Such as attending school, voting and etc. The victums of hate crimes do not think that these laws are very strict. The victoms are demanding newer stricter laws. The victoms or minorities want these newer stricter laws because basically they have no protection from violence. The old laws basically just state that if you are prohibiting th e person from doing something you are at fault. Well the minorities want these stiffened and they want them to be harsher. An example of what the minorities want is any act done against anyone with intent to cause bodily harm or death because the person was part of a minority group will carry the fine of being federally prosecuted and with that there is the chance of the death penalty. With making the laws more strict the victums of hate crimes will be gaining more security and more protection from having violence and abuse taken out on them.   Ã‚  Ã‚  Ã‚  Ã‚  There really is no opposition to making the laws stricter because it seems that most of the hate crimes that are happening are mostly random acts and just young kids creating stupid acts.

Standards of Mgss

STANDARDS FOR THE MDGs I TABLE OF CONTENTS Cover PageI Table of ContentsII BodyIII ReferencesIV II THE MILLENIUM DEVELOPMENT GOALS What are MDGs? Following the adoption of the United Nations Millenium Declaration, the Millenium Development Goals was established in 2000. Because of its extensive goals, the MDGs are being assisted by government organizations in trying to achieve those goals, among them are the following: the United Nations Millenium Campaign, the Millenium Promise Alliance Inc. the Global Poverty Project, the Micah Challenge, the Youth in Action EU Programme, â€Å"Cartoons in Action† video project, and the 8 Visions of Hope global art project. The main goal of the MDGs is to effect development by improving social and economic conditions in the world’s poorest countries. These are derived from earlier international development targets, which were officially established after the Millenium Summit in 2000, where the United Nations Millenium Declaration was adopted.These MDGs were developed from the eight chapters of Millennium Declaration, which was signed in September, 2000. The effect was that developing nations were not seen as left to achieve the MDG goals by themselves, but rather as a partner in the developing-developed compact to reduce world poverty. There are eight goals with 21 targets, and a series of measurable health indicators and economic indicators for each target. However, there are still drawbacks in the MDGs which includes shortsightedness where analytical power is concerned and the justification behind the chosen objectives.Because of the joint responsibility of developing and developed countries for achieving the MDGs, the possibility of it becoming a success continuously increases and is still reinforced by their 189-country support. At present, there is no uniformity as far as progress towards reaching the goals is concerned. The goal of empowering women has progressed towards the MDGs, and there is a strong enc ouragement to increase emphasis on gended mainstreaming debelopment policies and collecting data based on gender.As a result, a major conference was held at the UN headquarters in New York on 20-22 September 2010 to review progress, with five years left to the 2015 deadline. There were new commitments on women’s and children’s health, and major new initiatives in the worldwide battle against poverty, hunger and disease. It is obvious that developed countries continuously provide aid for the achievement of the MDGs which have been rising over the recent years, and has shown that more than half is towards debt relief owed by poor countries.The Australian government itself committed to providing 0. 5% of GNI in International Development Assistance by 2015-2016. One of the improvements provided by the MDGs is the provision of more health services to the developing countries. Researchers suggest that developed countries should treat global health inequalities and humanitari an issue being a part of national strategy. During the 2010 Summit, member states initiated steps towards advancing the Post-2015 Development Agenda and are now developing a process of open, inclusive consultations on the post-2015 agenda.Secretary-General Ban Ki Moon appointed 26 civil society, private sector, and government leaders from all regions to a high-level panel to advise on the global development agenda beyond 2015. An organization which aims to increase support to achieve the Millennium Development Goals and seek coalition for partners of action is the role of the United Nations Millennium Campaign. UN Goals is dedicated to spreading knowledge of the millennium goals through many different means by means of various internet and offline awareness campaigns. Ethical Bases for the Establishment of MDGsThe Following are the eight goals of the MDGs: * Eradicate extreme poverty and hunger; * Achieve universal primary education; * Promote gender equality and empower women; * Re duce child mortality; * Improve maternal health; * Combat HIV/AIDS, malaria and other diseases; * Ensure environmental sustainability; and * Develop a global partnership for development UNDP assists people at all levels of society in helping to build nations that can withstand crisis, and work for, and sustain the kind of growth for the improvement of the quality of life for everyone.The focus is to help countries to build and share solutions to achieve Poverty Reduction and the Millenium Development Goals, Democratic governance, Crisis Prevention and Recovery, Environment and Energy for Sustainable Development. In Uruguay for example, an extensive children’s health program has reduced rates of malnutrition, prematurity, low birth weight and other markers in the department of Canelones. In Darfur, Sudan, a rule-of-law programme is helping promote and improve equal access to justice. In China, farmers are being trained to adapt farming techniques to international trading stand ard, providing them with greater profits.In Brazil, eco-stoves that retain heat longer and are easier to oversee, provide indigenous people to lead healthier lives. According to the 2013 Human Development Report, there is a profound shift in global dynamics driven by the fast-rising new powers of the developing world and its long-term implications for human development. UNDP can be felt in more than 170 countries and territories and decades of concrete development experience in countries ranging from fragile States to middle-income countries like Brazil and Indonesia.These and other developments qualify the MDGs to answer the call for a better and more sustainable future. * Eradicate Extreme Poverty and Hunger There is always the realization that in the midst of our comfort zones, the stark reality exists where in some parts of the world, people are living in extreme poverty. Much to the desire of those who have more, like the developed countries, still, it lowers the morale to see this extreme poverty manifested in different forms, like the number of displaced refugees that remain high, despite the repatriation in 2011. Achieve Universal Primary Education We cannot do away with the reality that young adolescents from poor and rural households are more likely to be out of school. Everyone has that moral obligation to solve the problem of others, even if we think they can also be capable of helping themselves. * Promote Gender Equality and Empower Women We know that there are already women representations in the governments of nations but it is a fact that the pace is slow. This MDG effort aims to answer the ethical question of gender equality. Reduce child Mortality Every child has a right to be born, nurtured and nourished until maturity. However, the fact remains that in some parts of the world, the rate of child mortality is alarmingly high. We are compelled to do our best to address this problem through the ethical basis of concern. We do exist not only fo r ourselves but for the less fortunate others as well. * Improve Maternal Health Women are the strength of society. Their health are most important so much so that they are the determinants of the rise and fall of any society.Their roles as mothers entail that they should be in their best of health. Thus, an ethical calling for maternal concern is likewise being answere by the MDGs. * Combat HIV/AIDS, Malaria, and Other Diseases Universal concern suggests that humans should continue to sustain on earth. Thus, there is a need to improve advancements in medicine, health and technology. This is not a matter of ordinary necessity, but one of humanitarian consideration that should be inherent in each one of us. * Ensure Environmental SustainabilityThis is likewise another moral obligation that needs regular attention. * Develop a Global Partnership for Development Efforts to sustain development is not the job of a single organization. People of all ages from all walks of life must unders tand they should treat themselves as stewards of wealth and nature and thus, it is pertinent that each person must regard mimself or herself as a contributing partner to the goals of the MDG. REFERENCES * http://www. undp. org/content/undp/en/home/mdgoverview/mdg_goals/mdg3/ * http://www. undp. rg/content/undp/en/home/mdgoverview/mdg_goals/mdg2/ * http://www. undp. org/content/undp/en/home/mdgoverview/mdg_goals/mdg1/ * http://www. undp. org/content/undp/en/home/mdgoverview. html * Halve by 2015 the proportion of people without sustainable access to safe drinking water United Nations Millennium Development Goals website, retrieved 16 June 2009. * http://www. oecd. org/dac/theoecdandthemillenniumdevelopmentgoals. htm * MDGs†. YouTube. Retrieved 2012-10-14. â€Å"Welcome to the Development Education online Depository! â€Å". Developmenteducation. nfo. * Subramanian, Savitha; Joseph Naimoli, Toru Matsubayashi, David Peters (2011). â€Å"Do We Have the Right Models for Scalingà ‚   Up Health Services to Achieve the Millennium Development Goals? â€Å". BMC Health Services Research  11  (336). *   Ã¢â‚¬Å"Goal  :: Improve Maternal Health†. Mdg Monitor. 2012-10-18. * â€Å"United Nations Millennium Development Goals†. Un. org. 2008-05-20. 2012-10-18 * â€Å"Goal  :: Develop a Global Partnership for Development†. Mdg Monitor. 2012-10-18 * â€Å"Goal: Tracking the Millennium Development Goals†. MDG Monitor. 1 November 2007. 2012-10-14. IV

Animal Morality And Master Morality - 1595 Words

agiarNietzsche is one of the most famous, complex, baffling, and misunderstood philosophers of all time. Nietzsche begins his ethics with the proposition that there are only two basic types of morality: slave morality and master morality. These types of morality Nietzsche proposes were initially formed when society was not actually made up of masters and slaves. In a society where masters were completely free and slaves simply had to do whatever their masters said. Based on their respective situations Nietzsche argues these two groups of people came up with two very different types of morality. Now of course there are no longer literal master and slaves in today’s society. However nietzche proposes well masters and slaves no longer exist but the moral system they came up with do. Therefore if we are to understand and evaluate morality as it exists today, we must investigate morality as it was originally defined by master and slaves. Masters are totally free. They do what they want, to whom that want, and whatever they want. How it is such a person in such a situation begin to think about morality. Nietzsche proposes a person in such a situation would begin by saying that whatever it is the approval of our desire is good. We can imagin such a list of thing such a master might approve of . he will no doubt desire to show off his courage during battle to keep power over his slaves and it demonstrates his honour in front of his fellow master. Goodness in master morality isShow MoreRelatedNietzsche s On The Genealogy Of Morals1668 Words   |  7 Pageswhat is â€Å"bad,† I chose to expand my ideas and compare them to Friedrich Nietzsche’s first essay in â€Å"On the Genealogy of Morals.† Nietzsche first debunks the ideas of Nietzsche sees two types of morality at play creating these original definitions of good bad and evil, master morality and slave morality. I will also use Nietzsche’ s concept of â€Å"will to power† to evaluate each of these ideas. Nietzsche believes that the will to power is the force that pushes humankind. To clarify for my readersRead MoreNietzsche s On The Genealogy Of Morals Essay1445 Words   |  6 Pagesmoral implications, however, it is his concepts of slave and master morality which are seen repeatedly. These two concepts of master and slave morality are particularly evident in the movie Fight Club. Although Fight Club is a modern-day movie, its storyline and subject matter reveals that it was heavily influence by Nietzsche’s concept of slave and master morality. Nietzsche first introduces the concept of slave and master morality in the chapter about â€Å"Good, bad and evil†. He explains it as aRead MoreThe Book On The Genealogy Of Morality1423 Words   |  6 PagesMasters and slaves are constantly discussed throughout Nietzsche’s work, but the connection between them is discussed best in his book On the Genealogy of Morality. The first of the three essays outlines two alternate structures for the creation of values, which is credited to masters and the other to slaves. These two structures are controlled by different intangible themes. The first is ‘good/bad’ in terms of master morality and the second is ‘evil/good’ in terms of the slave morality. Noble classesRead MoreOrigins of Morality Essay1411 Words   |  6 PagesWestern world is slave morality, a morality which puts forward ideals of fairness, equality, and democracy. However, many centuries ago during the medieval times, master morality was the norm; a morality that favors those superior in strength, beauty, intelligence, and status. Master morality preceded slave morality. Friedrich Nietzsche was a philologist, who used his knowledge of words to trace the origins of morality from their ancient definitions. He said that morality was something that manRead MoreNietzsche And Mill s Theory Of Morality Essay1505 Words   |  7 Pageshave explored the theory of ‘morality’ from different perspectives. The two philosophers appear to get along that the notion ‘morality’ has been exploited to a great extent, though a little certainty has been provided on the issue. The two philosophers agree on the complexity of the issue. Mill’s theory of ethics is based on the concept of ‘utility. The philosopher provides the meaning of the idea as it has been largely perverted. Nietzsche stipulates that ‘morality’ is not a common notion due toRead MoreFriedman Nietzsche1247 Words   |  5 Pagesoffensive and the most blasphemous ways possible. His views on morality were what got the most attention by other scholars. In h is Daybreak he called himself an â€Å"immoralist† and often criticized the morality of his day. He wanted to create a new more naturalistic source of value in the fundamental impulses of life itself. He claims that Christianity had more of a master-slave morality than anything else. He associated the master-slave morality to that of the Jewish and Christian traditions. He associatesRead MoreThis piece of work will try to find the answer to the question ‘In Nietzsche’s first essay in the600 Words   |  3 Pagesprove with this argument. It will look at his background in order to see if and how that has influenced his work and opinions. Nietzsche introduces the differences between what he names later in his first essay the master morality and slave morality. The first master morality is the ideas of the nobles, including solders and other ruling classes. This he says is power deciding what good and bad is they see the qualities they possess such as physical strength, political power, over all betterRead MoreEssay Ancient Slavery: Death Senetence or Life Opportunity?554 Words   |  3 Pages In Aristotles Justifying Slavery and Senecas On Master and Slave, the two authors express their opposing sentiments on the principles of slavery. While Aristotle describes slavery as predestined inferiority, evidenced greatly by physical attributes, Seneca emphasizes the importance of philosophical freedom as opposed to physical freedom. (p. 58). The authors contrasting views are disclosed in their judgments on the morality of slavery, the degree of freedom all people possess at birthRead MoreFriedrich Nietzsche s Influence O n Modern Intellectual History And Western Philosophy1559 Words   |  7 Pagesreligion and science. He wrote about morality, tragedy, aesthetics, atheism, epistemology and consciousness. However, some of Nietzsche s most profound elements of his philosophy include his powerful critique of reason and truth. He argued for perspectivism. He critiqued religion and Christian ethics, developed the concept of Ubermensch and the doctrine of eternal return to support it. Also, Friedman Nietzsche came up with his theory of master-slave morality and response to the death of God andRead MoreAristotle And Aristotle s Theory Of Moral Virtue1229 Words   |  5 Pagesour ambitions and wants must have some final purpose. Aristotle believes that this highest end is that of Happiness. He introduces the concept moral virtue which is the ability to properly control desires to follow bad actions, and is the focus of morality. Centered on the core of Aristotle s account of moral virtue is his doctrine o f the mean. According to this doctrine, moral virtues are character traits which are at in-between more extreme character traits. While Nietzsche a German philosopher