Abraham Lincoln The Greatest President Of The United States

Abraham Lincoln, arguably said to be the greatest president of the United States, was simply a smooth-tongued politician with the ability to sway the masses and imbibe a sense of patriotism which would allow for the United States to go to war against itself, all while under the guise of equality and slavery; when in reality the war was about individual state rights, and the fact that the southern states were becoming too powerful to be controlled by the centralized federal government. Even from the beginning of his first inaugural address, Abraham Lincoln was hinting at the civil war to come, and the fact that the southern states would be brought under subjugation of the Union states unless they complied with the demands of the Union. During his first inaugural speech, Abraham Lincoln attempts to lure the southern states into a false sense of security by saying, apprehension seems to exist among the people of the Southern States that... their property and their peace and personal sec urity are to be endangered. There has never been any reasonable cause for such apprehension... [as] I have no purpose, directly or indirectly, to interfere with the institution of slavery in the States where it exists. I believe I have no lawful right to do so, and I have no inclination to do so (First Inaugural Address). However, throughout the course of his speech, Abraham Lincoln becomes more hostile towards the southern states and begins to stir the emotions of the people against theShow MoreRelatedGreatest Presidents of the United States: Abraham Lincoln930 Words   |  4 PagesOne of the great Presidents of the United States and a condemner of war, Abraham Lincoln, once said, â€Å"Military glory--that attractive rainbow, that rises in showers of blood--that serpents eye, that charms to destroy.† Similarly, E.E. Cummings denounces war in his poems, after first hand experiences of battle in World War I. Although American society glamorizes war and the honor of sending a loved one to war, Cummings argues through his depictions of actual life on the battlefield, that this glamorizationRead MoreEssay on Abraham Lincoln - the Greatest President1069 Words   |  5 PagesAbraham Lincoln There have been forty four U.S. presidents over the past two hundred and twenty years. What president has served the best for our country? None other than Abraham Lincoln. Abraham Lincoln is the greatest president ever because he did great things such as ending slavery, getting the us through the Civil War, and helped our country a lot. The American Civil War was a war between the Southern states and the Confederate states. Abraham Lincoln was not very prepared for the war militarilyRead MoreMore Than Just A Five Dollar Bill1429 Words   |  6 Pagesto many other countries across the globe, The United States of America is defiantly one of the youngest nations. The nation is only 238 years old which is not a long time compared to other countries. Over the last 238 years a lot has happened in America. One thing that has not changed in the United States of America is the government. When people came over from England to the United States, people were not used to having a president. The President would fulfill the wants of the people of the nationRead MoreThe Legacy Of Abraham Lincoln Essay944 Words   |  4 PagesAbraham Lincoln The President that was murdered because he forever freed the slaves in 1863 is how many people in today’s society remember the sixteenth president of the United States of America. President Abraham Lincoln leadership qualities and accomplishments go far beyond that life altering proclamation. American educator Dr. Stephen Covey states, â€Å"Always surround yourself with people who are even more talented and competent than you† This quote is relevant to the leadership skills and qualitiesRead MoreEssay Abraham Lincoln1426 Words   |  6 Pages As the 16th president, Abraham Lincoln was known to be the greatest American President. He guided his country through one of the most catastrophic experiences in its history, the Civil War. He was a very unique president, being the first president to have a beard, being the tallest president standing at 6’4 and also being the first to be assassinated. Abe Lincoln accomplished many things in the 4 year term he had served before being assassinated. With his intelligence and hard work, he madeRead MoreLeadership Skills And Qualities Of President Abraham Lincoln936 Words   |  4 PagesThe President that was murdered because he forever freed the slaves in 1863 is how many people in today s society remember the sixteenth president of the United States of America. President Abraham Lincoln leadership qualities and accomplishments go far beyond that life altering proclamation. American educator Dr. Stephen Covey states, â€Å"Always surround yourself with people who are eve n more talented and competent than you† This quote is relevant to the leadership skills and qualities of PresidentRead MoreComparing Barak Obamas Administration to Abraham Lincolns Essay741 Words   |  3 Pagespeople may say one president was the best while another person may disagree. In my opinion out of all the presidents there is a man named Abraham Lincoln who i think was one of the greatest presidents of all time. One of are presidents in the present who i think does not do a very good job in office is president Barack Obama. There are a lot of reasons why i put these two in the catogories i did and in my essay i am going to explain this reasoning behind my opinion. Abraham lincoln is in my opinionRead MorePresident Abraham Lincoln : Greatest President Of American History1516 Words   |  7 PagesOctober 2014 President Abraham Lincoln: Greatest President in American History President Lincoln said the following about the South in his Inaugural Address, In your hands, my dissatisfied fellow countrymen, and not in mine, is the momentous issue of civil war. The government will not assail you.... You have no oath registered in Heaven to destroy the government, while I shall have the most solemn one to preserve, protect and defend it.(Freidel and Sidey 2006) President Abraham Lincoln is look uponRead More Abraham Lincoln - President During the Civil War Essay741 Words   |  3 PagesAbraham Lincoln - President During the Civil War Abraham Lincoln was assuredly one of the greatest presidents in American history. This is demonstrated by his effective administration during the Civil War, the creation of policies that benefited everyone in the United States and the efforts that kept the United States from splintering during the Civil War and from its aftermath. Lincoln made excellent decisions in the Civil War. He guided his nation from being torn apartRead MoreEssay on Abraham Lincoln, A Great Leader in American History781 Words   |  4 Pagesthe United States of America, many great people have directed toward success. The American nation has been honored with many of the greatest people in history, including George Washington, Thomas Jefferson, John Adams, and James Madison. Abraham Lincoln is considered one of the most greatest president in US History. Abraham Lincoln was born on February 12,1809 in Hodgenville, Kentucky. He is known for his leadership and skills as president along with his pleasant personality. Abraham Lincoln was

Principles and Practice of Marketing System

Question: Discuss sbout the Principles and Practice of Marketing System. Answer: Introduction According to Jobber and Ellis (2012), every company and organization is entrusted with the responsibility to abide by certain principles for carrying out the marketing activities in an efficient manner. This report excavates the principles that Apple adheres to for the execution of efficient and effective marketing. An insight into the current strategic position of Apple assists in the creation of a prospective marketing plan, which possesses the flexibility to expand the business of Apple within the threshold of Australian market. Background of the Company and Product Apple has achieved accolades and glory by adding an innovative touch into the lives of the public domain by bestowing products, such as, iPhone, iPad, Mac, watch, accessories and what not (Apple.com 2017). The widespread popularity of Apple covers every corner of the world. However, focusing on such diverse reputation contradicts the focus of the assessment on Australian market. The secret behind this reputation is the presence of skilled and efficient artisans, who toil hard to bring smiles on the faces of the customers. The entrance of iPhone 8 has given a tough competition to Apple. As a matter of specification, there has been a noticeable decline in the sales revenue by 3%. In order to cope up with the situation, buttons were removed from the home screen. Along with this, headphone jack was also removed. These steps reflected the desperate attempts of the Apple personnel to witness an escalation in the sales revenue (Forbes.com 2017). Situational Analysis (PESTLE and SWOT) Justification Political Political unrest Economic Imposition of harsh and orthodox policies High exchange rates Inflation Social Changing lifestyle of the customers Brand perception Technological Adoption of bigger screens Payments for applications within android phones Cyber crimes Legal Compliance to the IT legislations Policies Environmental Waste disposal Solid Waste Management Cutting on the consumption of power Table 1: PESTLE analysis of Apple Strength Variety in the products Financial flexibility to achieve escalation in the sales revenue Brand awareness Presence of hardworking team Weakness Fluctuating prices Lack of clarity in the outcome estimation Excess popularity of the iPhones Faulty services Opportunities Increasing demand of the products and services Effective communication channels Investments in the commonwealth countries Threats Negligent attitude in maintaining the pace with the contemporary brands Involvement in illegal activities Violation of the company norms Customer switching over to android Table 2: SWOT analysis of Apple Objectives To invest in the markets of commonwealth countries of UK Justification Specific Investments in the foreign market would expand the market size, scope and arena of Apple. Measurable Joint ventures between UK ambassadors and Apple company managers in the Australian market , regarding penetration into the electronics sector, reflects the measurability of this recommendation Achievable Joint ventures enhance the stability in the relationship between the two countries results in the free movement of goods, which satisfies the needs, demands and requirements of the customers. Realistic The presence of effective communication channels, skilled and efficient artisans makes this recommendation a realistic one Target Effective utilization of the available resources possesses flexibility to escalate the market share by 10% in the period of one year from Oct 2016 to September 2017 Table 3: SMART Recommendations for Apple Target market Focusing on the old age inhabitants of Australia would be an innovative concept for Apple. The sleek design of iPhone 8 would be easy to carry during travels and tours. Installation of lucrative features would never let the elder people feel alone. Briefing the elder customers in a form of training at the launching party would enhance the brand image of Apple among the customers (Sheth and Sisodia 2015). This training would help the elder people to be acquainted with the features of the android phones. Putting several features within iPhone 8 would be a gradual progression towards the achievement of efficiency within the operational tasks of Apple company within the Australian market. Consumer behavior of the target market Bringing innovative features in the iPhones generates an urge among the Australian inhabitant, especially the older people to explore the unknown realms of technology (Verhoef and Lemon 2013). Along with innovation, consideration of quality within the services enables Apple company managers to witness high involvement of the Australian inhabitants. Adoption of social media marketing is a prospective feature in this direction. Effective utilization of social media would enhance the parameter of corporate social responsibility of the Apple company from the boundary of Australia to infinity. Effective consideration to both quality and innovation influences the purchasing decisions of the customers (Armstrong et al. 2014). Marketing strategy Sleek design of iPhone 8 would lure the customers. Moreover, it would be easy to carry during travels and tours. The provision of stands would help the customers to place it easily on the tables. The facilities of GPRS, camera, games, video conferencing, whatsapp calls and various other apps would add a modern touch in the lives of the customers, especially the elder ones. Bearing in mind the income and lifestyle of the customers helps the company in setting reasonable prices of the iPhone 8. Taking assistance from the Trade Union members would assist Apple Company of Australia to carry out the export and import activities without encountering financial crisis. This would also be assistance in terms of handling the situations such as inflation, fluctuating prices and high exchange rates. Organizing the launching parties in close proximity to the customers is an added advantage for the company (Apple.com 2017). Targeting supermarkets would help the management of the Apple Company in Australia to attract more customers. This is in reference to the clustering of large number of customers in the supermarket area. Hiring celebrities for the launch of iPhone 8 would enhance the popularity of Apple. Emerging successful in the experimentation with the marketing experimentation would increase the scope and arena of Apple within Australian threshold. This expansion is a gradual progression towards foreign market penetration, which enhances the reputation and popularity of Apple as a brand. Hiring sponsorships for the celebrity launches would authenticate the promotional activities of Apple Company in Australia. Implementation Strategizing the marketing activities according to their priority possesses flexibility towards the adoption of change within one. By this time, the company would attain enough flexibility to increase sales revenue. The revised plan would provide innovative quality iPhones to the customers (Apple.com 2017). Taking into consideration the opinions of the stakeholders and shareholders would help the Apple Company of Australia to implement the proposed strategies in a proper manner. Inclusion of legislations within this implementation would establish authenticity in the marketing activities of Apple Company in Australian market. Moreover, it would be an assistance in preserving the trust, loyalty and dependence of the customers. Maintaining checklists would help the managers of Apple to evaluate their exposed performance. Maintenance of consistency in the execution of evaluation would bring noticeable improvements in the performance of Apple Company within the Australian market. This refinement possesses flexibility to upgrade the reputation of Apple from the Australian threshold to the foreign borders. Conclusion The marketing plan occupies the central position in this assignment. Attachment of evaluation after an exposed performance helps the Apple Company of Australia to judge the effectiveness of the exposed performance in terms of the identified and specified requirements. Emerging successful in the execution of this step would provide Apple to enjoy competitive advantage in the native lands as well as in the foreign markets. References Apple.com (2017) About Us. [online] Available at: https://www.apple.com/au/ [Accessed 1 April. 2017] Armstrong, G., Adam, S., Denize, S. and Kotler, P., 2014.Principles of marketing. Pearson Australia. forbes.com (2017) Apple iPhone 7 Sales Cut. [online] Available at: https://www.forbes.com/sites/ewanspence/2017/01/18/apple-iphone-7-sales-cut/#6219cf6c5642 [Accessed 1 April. 2017] Jobber, D. and Ellis-Chadwick, F., 2012.Principles and practice of marketing(No. 7th). McGraw-Hill Higher Education. Sheth, J.N. and Sisodia, R.S., 2015.Does marketing need reform?: Fresh perspectives on the future. Routledge. Verhoef, P.C. and Lemon, K.N., 2013. Successful customer value management: Key lessons and emerging trends.European Management Journal,31(1), pp.1-15.

Theme Of Catcher In The Rye Essay free essay sample

, Research Paper In the novel Catcher in the Rye pass J.D. Salinger, the supporter Holden Caulifield views the universe as an evil corrupt topographic point where there is no peace. Holden has a bogus phobic disorder that restricts him from going a to the full matured grownup. In Holden # 8217 ; s attempted journey in going a to the full matured grownup, he encounters many scenarios affecting friendly relationship, personal sentiments, and his love of kids. His journey is an unpleasant and hard one with many lessons learned along the manner ; including the realisation that he is powerless to alter the universe. Around every corner Holden sees corruptness. He looks out on a universe, which appears wholly immoral and unscrupulous. Holden finds a difficult clip tie ining with older, mature persons. Most of Holden # 8217 ; s fondest memories are of those times with his younger siblings. His remarks of artlessness aid set up this connexion # 8220 ; You take grownups, they look icky when they # 8217 ; re asleep and they have their oral cavities manner unfastened, but childs don # 8217 ; t. We will write a custom essay sample on Theme Of Catcher In The Rye Essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Kids look alright. # 8221 ; ( pg 159 ) . Holden # 8217 ; s moral repugnance against anything that is ugly, evil, barbarous, or what he calls # 8216 ; phony # 8217 ; and his ague reactivity to beauty and artlessness, particularly the artlessness of the really immature is what distances him from grownups who he feels create feelings of heartache for him. Holden believes that he can alter the universe and he reveals his feelings on a day of the month with Sally # 8216 ; # 8220 ; Did you of all time acquire fed up? # 8230 ; I mean did you of all time acquire frightened that everything was traveling to travel icky unless you did something # 8230 ; # 8221 ; # 8217 ; ( pg 130 ) . Holden proposes to Sally to get away this universe with him. It is eventually to his younger sister that Holden reveals that he wants to forestall kids from turning up. He blames the universe # 8217 ; s corruptness on grownups and believes that when he stops the kids from turning up he will continue the ir artlessness and salvage the universe. Holden # 8217 ; s bogus dependence gets him into problem at school. Holden looks for the defects in everyone and attempts to extinguish that individual he sees as a menace, such as when Holden decides to confront off against the bogus Stradlater after Stradlater # 8217 ; s day of the month with Jane. Hol lair besides thinks every instructor is a hypocrite who pretends to be helpful to pupils. If Holden has problem in school he does non seek aid from his equals because he believes that they are hypocrites. Hence this point is tied into one of the grounds he is kicked out of Pencey, neglecting four out of five classs. Holden’s turning away of things hypocrite is really strong and he has a one-track head. It is either his manner or the main road, this is another illustration of how Holden’s hypocrite job hinders his opportunity at full adulthood. Holden is so frightened of going what he considers wrong- a phony- that he does non even want to see new events, brushs, or new people. Holden remarks, if he could star in a film short Ho hypocrite he would look. Therefore he would turn down the offer if it arose â€Å" I’d be a bogus if I let them lodge me in a film short† ( pg 72 ) . Holden in other words does non wish to open himself to others and shies off from i nteraction. Holden encounters # 8220 ; Fuck you # 8221 ; ( pg 202 ) written on the wall, he carefully rubs this off with his manus to protect the guiltless kids from reading it. Subsequently on he finds # 8220 ; *censored* you # 8221 ; ( pg 202 ) scratched into the surface with a knife. He discovers that he can non obliterate this 1. Even in the dateless peace of the Egyptian grave room at the museum there is an inerasable # 8220 ; *censored* you # 8221 ; ( pg 204 ) . This incident is the beginning of Holden # 8217 ; s realisation that his dreams are impracticable and that he is incapacitated to halt the corruptness and that there is nowhere he can travel to conceal from it either. Holden sees that he can non halt kids from turning up and losing their artlessness and that they will fall if they fall, there is nil that he can make about that. Holden learns in the novel Catcher in the Rye by J.D. Salinger that the universe is corrupt and filled with immorality. He besides knows now that he is powerless to halt both evil and ripening. As a affair of fact, he learns that it is besides bad to make so. Though due to his hypocrite phobic disorder he becomes lonely and gets himself into problem where he is non traveling to of all time to the full mature. Bibliography backstop in the rye

A&P summary essays

A&P summary essays In "As transition to adulthood in a much more innocent time. In the story, Sammy begins the story bored and despondent and ends up as hero, if only to his own knowledge. Here, the characters and setting of the story work together to establish a theme of maturation. This is done by showing what Sammy does and is early on, how the girls affect him, and what he eventually does not just for them, but also for himself. When we first meet 19-year-old Sammy, he is working for the summer at an As bored with his town and its "two banks and the Congregational church and the newspaper store and the three and three real-estate offices" (16). We suspect he thinks there must be more to the world than his small town "north of Boston" has to offer. (16) This change, however, when three girls stroll into the At quite frizzed right, and one of those sunburns right across under the eyes, and a chin that was too long" (15). The one that really catches Sammys eye, however, is "the queen," the one who "kind of lead" the other two. (15) Sammy is captivated by Queenie, as he calls her, with her beige bathing suit with a little nub all over it," her "white p ...

A View from the Bridge Essay Example for Free (#32)

A View from the Bridge Essay ? Marco is married and has got two children whilst Rodolfo is still single. When, both Catherine and Rodolfo see each other, it is almost like love at first site. Catherine uses flirtatious procedures to convey to the audience that she feels somewhat of him. When she starts using these actions, â€Å"High heels† Eddie does not like this and so sends her back to the room to get changed, â€Å"Do me a favour, will you? Go ahead. † This makes Catherine undergo embarrassment as Rodolfo was at the scene. I would want the audience to observe that both Catherine and Rodolfo have got feelings for each other and that Eddie is in the surroundings being jealous. Due to the relationship between Eddie and Catherine, Beatrice’s relationship is suffering as he is paying attention more towards Catherine then Beatrice. Another crucial scene/turning point in this play is when both, Rodolfo and Catherine are left unaccompanied in the apartment. Whilst in the room, Catherine questions Rodolfo about his motives, in which he is traumatized and was wondering if Eddie thought that too. This is because Eddie warns Catherine that he is after an American citizenship. She asks him, â€Å"Would you still want to do it if it turned out we had to go live in Italy† His reaction was, â€Å"No; I will not marry you in Italy. I want to be a citizen†. At this instant I would want the audience to become conscious that Rodolfo wants to marry Catherine just to be an American Citizen and that they could change their minds later on. Catherine replies to this and says that she does not want to leave Eddie after what he has done for her (Eddie has treated her as a daughter and paid for her to go to extra classes of her interest after leaving high school. ) She makes it sound that Eddie was an ex-lover or ex-husband of her, â€Å"You thinks it’s so easy to turn around and say to a man he’s noting’ to you no more? † As a director I would want the audience to realize that Catherine is aware that she needs to grow up as she gets advice from Beatrice saying, â€Å"Beatrice says to be a woman†. At this point Catherine gets aggravated as she makes it sound as if she has to choose between Rodolfo and Eddie, â€Å"I know him and now I’m supposed to turn around and make a stranger out of him. † She takes in mind what Beatrice suggested to her about being a woman which leads to her having sex with Rodolfo. This is a turning point to the audience and to Catherine. At this turning point I would want the audience to reconsider their views on Rodolfo about wanting to be an American citizen. No one would sleep with a woman and not have feelings for her. The light rises on Eddie. He enters the flat drunk and see’s a glimpse of Catherine adjusting her dress and coming from the bedroom. At this particular moment, Eddie senses what the two have been up to. â€Å"Rodolfo appears in the bedroom doorway. Eddie see’s him and his arm jerks slightly in shock. † He does this action as he wants to hit Rodolfo as he knows what they have been up to and that he is jealous and cannot bear it. He can not handle that Catherine is taking responsible of her own life. When a pause appears, as a director I would want to create tension in the audience as the characters are all hiked up. Shortly after the build up of tension, Eddie switches his actions and tells Rodolfo to â€Å"Pack it up† and â€Å"Get out of here†. Eddie gets dominant over Catherine by grabbing her and stopping her from following Rodolfo to her bedroom. â€Å"She frees her arm,† which indicates her rebelling against him and her wanting his approval. Eddie, at his point is jealous following what Rodolfo and Catherine have been up to and knows that he cannot have her. Soon after there is a sudden breakthrough of Eddies feelings as he, â€Å"reaches out suddenly, draws her to him and as she strives to free himself he kisses her on the mouth. † He kisses her to provoke Rodolfo and to see how she and he react. This all leads to violence in which, â€Å"Rodolfo flies at him in attack†. At this point Eddie kisses Rodolfo to show Catherine he is gay and to show her that Rodolfo did not prevent this from happening. The last crucial scene in this play is the last scene where Eddie gets killed. This consequence was created when Eddie did a very unintelligent thing of phoning the immigration bureau to report the two illegal immigrants, Rodolfo and Marco. He then regrets phoning the bureau up and tells them to move as they moved with more illegal immigrants which had a very violent family. This way Rodolfo and Marco would not get caught and would remain safe whereas the other illegal immigrants wouldn’t. Soon after they decided, they did not have enough time to move, as the officers came to pick Rodolfo and Marco up. Eddie had begged Beatrice to tell them to move and soon after, she had realized what Eddie had done. She turned against Eddie and used harsh language against him, â€Å"He’s a rat. † At this time I would want my audience to turn against Eddie. This then lead to more violence of Eddie getting killed by Marco as he has suffered from his family being without food and money. I would want my audience to feel more sympathy for Marco rather than Rodolfo. The culture of this play is all in relation to a child who grassed his uncle to the immigration bureau seeing that he was an illegal immigrant. The kid was completely beaten up by his family and no-one wanted to know him after what he did. In an Italian family, the families need to be loyal to each other and if something goes wrong outside the family, the Sicilian community requires the law to be taken in hand and that justice should be done. I would want the audience to relate back to this during the last scene and keep this in mind as this is a sort of thing that Eddie had done but the consequences were much worse. If I was directing A View from the Bridge I would want my audience to see that there is a mixed relationship portrayed in this play. This is because of the actions, dialogue and motives used between the two characters. Throughout the play, I would want the audience to change their views on what they thought of the character of Eddie as he did some good quality things however he also did horrific things. The relationship between Eddie and Catherine would have never been further than an uncle and niece. Two relationships between, Eddie and Beatrice and Catherine and Rodolfo both got disturbed due to the actions undertaken by Eddie which affected the characters. I would want my audience to keep on re-evaluating their views on the relationship between Eddie and Catherine as this would make the play more interesting. Coming to the end of the play, the audience would have found out that Eddie did have feelings for Beatrice as his last words were ‘My lovely B’. BY JULAN SHAH Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Arthur Miller section. A View from the Bridge. (2017, Oct 25).

DPB Portfolio Coursework Example | Topics and Well Written Essays - 2750 words

DPB Portfolio - Coursework Example es in International Context, Project, English Language Grade 6, Business Communication 3, International Marketing and Export Trade, International Trade: Payments and Law While studying BA (Hons) International trade and business communication at the University of Portsmouth, I describe the skills I learnt through the course as having given me a thorough grounding in various subjects I wished that I was interested in and wished to specializes or practice later in life. From, the first year I was introduced to the numerous problems or challenges faced by individuals in the business world. Moreover, the skills which were imparted through the course enabled me to develop an idea of how to solve the different challenges that came along the way. At the end of the course I was able to achieve a consolidation of my study through numerous aspects like personal studies and research. Moreover, the business skills which I learned also have opened other opportunities to study a wide range of subjects like those falling in the faculty of humanity and social sciences. I achieved the task of acquiring the skills I have today through am intense process of dedication and hard work in my studies. Being that the University of Portsmouth has entry levels, I studied heartily to pass my GSCE levels at Bay House School, Gosport with ten passes as between the grades A-B. After that I joined St. Vincent College for my A levels and passed with flying colors to be admitted at the university of Portsmouth which imparted me with the skills of accounting, marketing, business law, human resources, management dissertations, consumer led demand and other primary skills which has greatly played a significant role in my studies and career to date. At ST. Vincent College and in taking my BA (Hons) at Portsmouth University I reflect on various learning points which changed my views of what I would do when provided with another chance to pursue the same courses at the institutions. With flying

Financial Cost of Corporate Fraud in United States Essay

Financial Cost of Corporate Fraud in United States - Essay Example However, the study reveals that fraud training for employees and managers reduces the risk of fraud by 52% and 56% respectively (ACFE, 2009, p.37). Thus, ethical training may be employed as a control against fraud. However, this may not be adequate and other controls must be put in place for early detection of fraudulent activities. Financial statement fraud is the biggest category of frauds and the one associated with highest losses. Financial statements from different periods can be used to identify red flags, which may provide an idea that fraud may be occurring or a deviation from normal routine. Some of these components from financial statements are described below: Receivables can be booked fictitiously or increased without underlying trade/ transaction to show an overstated balance sheet and asset position. The management may want to show better results for the year, and thus may be tempted to overstate receivables. This was carried out recently by the CEO of Satyam, an Indian IT outsourcing company. He recorded receivables against selling to fictitious companies, and thus inflated the balance sheet. This type of fraud can be identified by carrying out the year to year analysis of changes in receivables, and their collection days.