Movie Essay Example | Topics and Well Written Essays - 500 words

Movie - Essay Example An example of this taken from the movie is when the wife Mrs. Smith is at a neighbors party and is holding a baby. The husband then reacts a certain way. The wife is performing an action that normally would not be performed and this persuades the husband to act in a certain way. Compliance resisting is the refusal of a target of influence message to comply with requests. This is shown many times throughout the movie. One significant example is when Mrs. Smith discusses redecorating and the purchase of new curtains. The wife intends to act as a normal wife does. Acting like a normal wife is the wife’s goal to try and persuade the husband into thinking the wife is someone she is not. This backfires as the target (Mr. Smith) reacts in a way that is not expected. Hurtful messages are messages that create feelings of pain and emotional upset. Hurtful messages do not begin in the movie until the couple finds out that they are similar to one another. A specific example of this is whe n the two are advised to kill one another. After they both realize that they are instructed to kill one another they begin producing hurtful messages. The hurtful messages are described when Mrs. Smith is driving in the car and talking to her husband on the phone. They both are relaying hurtful messages to one another.

Decision making Assignment Example | Topics and Well Written Essays - 250 words

Decision making - Assignment Example 2. You are on the team which was assigned to make the decision about whether or not to stop current production and fill the rush job order which has come in. The team is currently leaning toward telling the â€Å"big customer† who wants the rush order that the company will be unable to fill the job. Your role on the team is to stimulate dialectical inquiry. What will you point out to the team as you fulfill this role? [Remember that your job is to force â€Å"group members to ‘think outside the box’ and look at new ways to analyze the problem.†] -- In the spirit of lgical argumentation, I would encourage the team to look at the possible pitfalls of shifting production at this crucial point in time. Would it be worth the trouble on their end as prinary workers, to complete the requirements for the shift in production. What kind of problems will the large scale client face if we were to shift production mid-stream? Then, I would ask them to consider if they would actually be able to meet the deadline set by the big client for their order even if we suddenly change directions with the machines . 3. What would be your decision if you, alone, were presented with the dilemma? How would you come up with a decision? Are there questions you would want to ask before making a final decision? If so, what are those questions? --If it were all left up to me, I would turn down the mid sized order order or at least try to delay its completion until after my regular run has met its required number of orders. I would come to this decision after asking myself the

Work Effectively in the Community Sector Essay Example for Free

Work Effectively in the Community Sector Essay Task 1 – Research a sector of the Community Services Industry Task 2 – Reflect on professional practice Task Task 1 You need to choose a sector of the Australian Community Services Industry and research the current issues influencing service delivery in that sector and answer the questions below based on your research. A sector could include: ï‚ · Aged care ï‚ · Home and community care ï‚ · Disability services ï‚ · Alcohol and other drugs ï‚ · Family and domestic violence ï‚ · Mental Health ï‚ · Housing ï‚ · Community development ï‚ · Community work ï‚ · Youth work and juvenile justice ï‚ · Children’s services ï‚ · Child protection ï‚ · Employment services Questions Answer the following questions based on your research: 1. State the sector you have researched. 2. Identify the current needs of this sector’s target group. You need to demonstrate your research by providing facts and figures about this target group’s current issues. 2 LA015665 Assignment 2; CHCCS411C Ed3 Â © New South Wales, Department of Education and Communities 2013, Version 1, January 2013 3. Identify a Community Service organisation within this sector. You will need to contact the organisation by phone or visit them by appointment if you are unable to collect all the relevant information from your online research. 4. What are the roles and functions of this organisation? 5. What have been the organisation’s responses to the changing needs of this target group? 6. How does this organisation demonstrate a commitment to access and equity principles? 7. What strategies has the organisation implemented to improve work practices? Task 2Task 2 1. Identify two (2) strategies you could use to reflect on your skills in the workplace. 2. What is the purpose of reflecting on your own work practices? 3. Reflect on your current skills, knowledge, qualities or attributes in regards to working in the Community Services Industry and answer the following questions: a) Identify and discuss an area where you would like professional development. b) Find a training organisation that provides professional development in this area. Provide the name of the training organisation as well as the title of the course.

Admissibility of Confessions

Admissibility of Confessions Discuss a challenge to the admissibility of confessions on the basis of oppression seems to require a high degree of police impropriety thus will rarely be established. Confessions made during questioning are seen as powerful indications of guilt and characteristically lead to conviction; 98% of cases in which suspects confess result either in a guilty plea or a conviction following trial.   As such, legal representatives of suspects who have confessed are unlikely to secure acquittal unless the confession is excluded from the evidence before the court.   Issues of inadmissibility are determined prior to trial in both magistrates’ and Crown courts and must be based on sections 76 or 78 of the Police and Criminal Evidence Act 1984 (PACE). Section 76 of PACE concerns the admissibility of potentially unreliable confession evidence in criminal proceedings and section 76(2) states that confession evidence is inadmissible if it was obtained by oppression or in circumstances that are likely to make it unreliable.   Section 76(8) defines ‘oppression’ as including ‘torture, inhuman or degrading treatment, and the use or threat of violence’. The courts have required high degrees of impropriety by the police before ruling confessions inadmissible due to oppression.   One such case was the Cardiff Three who were convicted of murder on the basis of the confession of one suspect, Stephen Miller, after protracted periods of police questioning described by the Court of Appeal as ‘hostile and intimidating’.   Given the severity of wrongdoing required before the courts will find that oppression induced the confession and moves towards less aggressive questioning techniques by the police, it is difficult to use section 76(2)(a) to exclude a confession. The ground identified in section 76(2)(b) is more fertile for rendering confessions inadmissible as the courts have identified a range of procedural failures that will be regarded as ‘circumstances likely to make a confession unreliable’.   Any breach of the rules concerning the questioning of suspects will form the basis of a challenge to the admissibility of a confession, even genuine confessions of guilt.   As such, procedural failures concerning the location, timing, duration and recording of an interview will potentially render any confession inadmissible under section 76(2)(b) as will failure to caution.   As research suggests that 10% of police interviews are conducted in breach of PACE requirements, close scrutiny of the behaviour of the police may elicit a basis for the exclusion of a confession if mistakes have been made or liberties taken with the procedural rules.   This also includes situations in which the suspect is offered an inducement such as th e promise of bail in return for a confession.   Care must be taken in asserting such a ground as the basis for the exclusion of a confession as research indicates that such inducements are may be difficult to prove and the courts have taken the view that ‘very few confessions are inspired solely by remorse’ so that other motives such as the desire to be released on bail or the hope of a lighter sentence cannot be used to exclude confessions unless there is clear evidence of misconduct on the part of the police despite evidence that suspects may confess for a variety of reasons other than guilt such as desperation to expedite release to obtain drugs if they are addicts or to protect others. Section 78 confers discretion upon the court to exclude any evidence, including confessions, if reliance upon it would lead to unfairness to the suspect.   Given the emphasis on procedural failures in section 76(2)(b), there is inevitably a fair degree of overlap between these two sections as breaches of PACE as the basis for the exclusion of evidence on the basis of unfairness under section 78.   As such, procedural failures give rise to a dual basis for an attack on the admissiblity of confession evidence.   However, section 78 goes beyond procedural rights and deals with broader issues of fairness so provides a basis upon which an unfairly obtained confession could be rendered inadmissible.   For example, a confession made following a deceptive statement by the police that the suspect’s fingerprints had been found at the scene of the crime was excluded on the basis that it was unfairly obtained although confessions made to other prisoners in a bugged cell were not e xcluded although the practice was heavily criticised by the courts. Both magistrates (in magistrates’ courts) and judges (in Crown courts) have the power to exclude confession evidence as inadmissible on the basis of section 76 and 78.   The question of admissibility of evidence will be determined at a separate hearing to ensure that evidentiary matters are resolved prior to the commencement of the trial.   Section 8A of the Magistrates Court Act 1980 empowers a magistrates’ court to rule on the admissibility of any evidence at a pre-trial hearing if both the prosecution and defence have been given an opportunity to make representations on the issue.   At Crown Court, the matter of admissibility will be resolved by a voire dire, a trial within a trial in the absence of the jury, to determine whether the confession can be relied upon as evidence.   Once the issue of inadmissibility has been raised by the defence, the onus is on the prosecution to establish that the grounds of exclusion under section 76 and 78 are not established.    Overall, a challenge to the admissibility of confessions on the basis of oppression seems to require a high degree of police impropriety thus will rarely be established.   The procedural grounds raised by section 76(2)(b) provide a more viable basis for challenge and, since the incorporation into domestic law of the rights guaranteed by the European Convention on Human Rights, the emphasis on fairness in section 78, which raises the right to a fair trial guaranteed by Article 6, may also be a sound basis upon which to challenge the admissibility of a confession.   However, it is important to remember that the court may be reluctant to exclude confession evidence, particularly if the procedural breach is insignificant in relation to the severity of the offence thus satisfying the statutory requirements is not a guarantee that the confession will be excluded especially in relation to serious crimes such as rape and murder. Case List R v. Bailey [1993] 3 All ER 513 R v. Crampton (1991) 92 Cr App R 369R v. Fulling [1987] 2 All ER 65R v. Mason [1988] 1 WLR 139R v. Paris, Abdullahi and Miller (1992) 97 Cr App R 99R v. Roberts [1997] 1 Cr App R 217 Bibliography Baldwin, J., ‘Police Interview Techniques: Establishing Truth or Proof?’ (1993) British Journal of Criminology 325 Clarke, C. and Milne, R., (2001) National Evaluation of the PEACE Investigative Interviewing Course, London: Home Office Davies, M., (2005) An Introduction to the Criminal Justice System in England and Wales, Harlow: Longman Publishing Dennis, I., (2002) The Law of Evidence, London: Sweet Maxwell Hunter, M., ‘Judicial Discretion: Section 78 in Practice’ [1994] Criminal Law Review 558 Maguire, M., Morgan, R. and Reiner, R., (2002) Oxford Handbook of Criminology, 3rd ed., Oxford: Oxford University Press May, R., ‘Fair Play at Trial: an Interim Assessment of Section 78 of the Police and Criminal Evidence Act 1984’ [1988] Criminal Law Review 723 McConville, M., (1993) Corroboration and Confessions: the Impact of a Rule Requiring that No Conviction Can Be Sustained on the Basis of Confession Evidence Alone, London: The Stationery Office Sprack, J., (2004) A Practical Approach to Criminal Procedure, 10th ed., Oxford: Oxford University Press

Education and Awareness Will Promote Environmental Justice Essay

Education and Awareness Will Promote Environmental Justice The goals of this environmental justice conference are stated simply: firstly, to explore whether racial minorities and the poor are being environmentally victimized, and secondly, to evaluate public policies that promote environmental fairness. Each speaker provided insight and information from their respective area of expertise. Led by keynote speaker Dr. Bunyan Bryant, they drew upon the realms of academic investigation, government and public policy, sociology, healthcare, and philosophy to unite the environmental movement with the quest for social justice. After absorbing so much information concerning the current state of environmental justice, one leaves the conference with an overwhelming sense of responsibility to promote awareness and fairness when dealing with issues of environmental quality. Dr. Bunyan Bryant of the University of Michigan began by addressing the history, issues, dilemmas, and central premises of the environmental justice movement. Dr. Bryant distinguishes environmental racism, or the targeting of certain communities for undesirable land use, from environmental equity. The movement is characterized by a complexity of cultural norms, rules, regulations, behaviors, values, policies, and decisions. These influences either lead to the promotion of sustainable communities and the realization of high potentials, or contribute to the degradation of environments by impeding communities from enjoying social, political, and environmental health. Dr. Bryant notes the importance of key events, ranging from the effects of the 1990 Michigan Conference to the earlier convergence of the civil rights and environmental movements around the time of the as... ...s from diverse areas in order to achieve an integrated perspective of the issues, successes, and common goals characterizing the environmental justice movement. The conference was bound together by a common message - the need for education and awareness of issues of environmental quality. Environmental justice corresponds directly to human health and quality of life throughout the world. Regardless of whether or not an environmental hazard exists in one's community or backyard, it is necessary to be informed of the issues that affect us all. The goals of the conference were thus met by clarifying that environmental injustice is indeed occurring, thereby instilling in each participant the need for continued education and involvement in the quest for safe and healthy environments for all. This is the way in which environmental justice will prevail in future societies.

Napster :: essays research papers

Napster In 1998 a university dropout, Shawn Fenning, nicknamed napster, spent days without sleep in his uncle's office producing a new music-swapping programme now known as napster. Napster is an MP3 file sharing programme that lets you connect to millions of other users world-wide and swap music with them for ABSOLUTELY NOTHING, even Napster itself as a programme is FREE and is available to ANYONE with a PC and the Internet. Napster spreads all types of music ranging from unknown and up and coming bands to famous names like Craig David and Artful Dodger this is all at absolutely NO COST. So as you can imagine as Napster grew more popular than ever its total users topped 50MILLION in November 2000. Nearly 75 percent of college students have downloaded music from the Net, according to a recent study by Greenfield Online, an international research firm. Nearly two-thirds of the 1,135 college students surveyed say they download music as a way to sample music before buying it. So does this prove that the artists are actually benefiting out of Napster as people will hear there songs and possibly go and buy there singles. Many people believe music labels should have been donating money to Napster users, not threatening to sue them. And so the much-libelled Napster users are dedicated music buyers, quick to reach for their wallets. Greenfield research says it found that 45 per cent of online music fans are more likely to have increased their music purchases than online fans who don't use Napster. The study of Napster users found that 71 percent of users say they're willing to pay to download an entire album. A maker of MP3 portable players said "The year 2000 is a fantastic year for digital music,we had this earthquake called Napster who's aftershocks are still happening". Napster gives publicity to unsigned groups and gives people a chance to listen to their music and so possibly they may get a record deal form the record companies. But in the shops people are paying  £3.99 for these singles and to some they simply can't afford it, so why not use Napster and get it fo nothing??? After all would you pay for something you could get for free? Using napster gives everyone a chance to get all their favourite music for nothing, all new bands singles are featured on the programme but not forgetting many, many old songs for the older users of the site.

Revenue Recognition Essay

The issue of revenue recognition practices is an area that has received a lot of attention from regulators. Whenever there is a report of financial restatements or negative earnings, regulators pay extra attention to review the financial statements in order to verify that that there are not any indications of financial fraud or that the organization overstepped their boundaries in the area of managed earnings. The reason that regulators have taken a special interest in financial accounting and potential fraud is due to the collapses of companies such as Enron, WorldCom and Tyco. Regulators and those in the accounting profession are focusing their efforts on the causes of fraud as well as the steps that can be taken to effectively detect and prevent a possible reoccurrence of fraudulent behavior especially in the area of revenue recognition and the overstatement of assets. Revenue recognition refers to the time when transactions are recorded on the books, Per Generally Accepted Accoun ting Principles (GAAP), revenues, and gains, are generally recognized when: 1. Revenues are realized or are realizable 2. They have been earned the substantial completion of the activities involved in the earnings process. Both of these items are typically met at the point of sale, which generally occurs when goods are delivered or when services are rendered to the customer. Usually revenues and assets are recognized simultaneously. However, assets can be received before the conditions of revenue recognition are met. One example would be if a customer pays in advance for goods or services which will be received at a later date. Even though the cash is received and is recorded as an asset in the company’s books, the revenue has not been earned. Typically the revenue is not recognized prior to a sale because either the customer has not paid for the goods yet or because the goods have not been delivered to the customer. The main exception to not recognizing revenue prior to a sale would be when a contract exists that guarantee the sale or that the customer has promised a valid promise of payment such as when both the seller and the buyer are legally obligated to fulfill the term of a contract (Parizek & Findley, 2008). Another exception to the revenue recognition rule occurs when a product or service may be provided to the customer without receiving a valid promise of payment. This typically occurs with a family dentist who provides services to ease a patient’s pain and then tries to collect the  payment later. Also, if a company has a substantial amount of services to provide even though the customer has provided a substantial payment, the company must wait to recognize the revenue. It is not enough that one of the criteria for recognizing revue is met; both items must be satisfied in order for the recognition of revenue. Because every income statement begins with total revenue, how revenue is measured is a fundamental concept in the field of accounting and as such, the topic of revenue recognition has received a lot of attention over the course of the past few years. The American Institute of Certified Public Accountants (AICPA) has produced specific guides to help with the topic of revenue recognition in specific situations in certain industries. The AICPA Statement of Position (SOP) 97-2, â€Å"Software Revenue Recognition† contained the following four items (Parizek & Findley, 2008): 1. Persuasive evidence of an arrangement exists 2. Delivery has occurred. 3. The vendor’s fee is fixed or determinable. 4. Collectability is probable. These four items were used as the framework in the SEC Staff Accounting Bulletin No. 101. The SAB 101 is a very unique and interesting bulletin because it provides specific cases and then proceeds with a questions and answer format. SAB was created in large part to the issues that the staff had encountered in while conducting a review. Because SAB 101 addresses specific situations, it cannot be used as an answer to every instance of revenue recognition, but it does provide a comprehensive guide for companies to use as a form of direction when faced with dealing with a complicated situation such as when there is persuasive evidence of an arrangement, delivery of goods has already occurred or services have been rendered or when the price is fixed or determinable (SEC, 1999). Questions 1 and 2 of SAB address the topic of Persuasive Evidence of an Arrangement and highlight how a seller could be tempted to bend the rules of revenue recognition in order for a more favorable time in which the sale is reported. The first question exhibited the case in which Company A required each sale to be supported by a written sales agreement signed by an authorized representative of both the customer and Company A. This issue was if Company A could recognize the revenue in the current quarter even if the  sales agreement would not be signed until a few days after the quarter had ended. This question highlighted the need for companies to have strong internal controls and the need to a reliable system to be in place for processing contracts. Without a strong internal control structure as well as clearly documented procedures, there is a possibility of managers becoming tempted to adjust how revenue is recognized based on the needs of the quarter. Questions 3 and 4 reviewe d the issue of ownership of goods and when the transfer had effectively taken place. Question 4 reviews the case of Company R that is a retailer that offers layaway sales to its customers. For the layaway option, a customer pays a portion of the sales price and Company R holds onto the merchandise until the customer returns to pay the balance remaining on the merchandise. Once the merchandise is paid in full, the customer can take possession of the merchandise. This case is an example of what is referred to as a ‘bill and hold’ arrangement where the customer is billed for the merchandise but the merchandise is held by the company for release or shipment at a later date. Question 4 is also an example of how some companies could manipulate their inventories at the end of a quarter. A company could increase revenue by pushing some of its merchandise in the warehouse aside and claim that it has already been sold but were being held for the customer. In order for the company to recognize the revenue they must be able to show that the merchandise is completely separate from its other merchandise and cannot be used for any other order. The company also must be able to show that the customer specifically requested in writing that the company hold the merchandise. Questions 5 and 6 reviewed revenue recognition when the company must perform several activities. Question 5 asks the question as to when Company H should recognize the revenue from an upfront, nonrefundable fee for an extended service contract along with regular, monthly payments. SAB 101 illustrates how the nonrefundable fee cannot be treated separately and must be treated as a part of the overall unit because no one would pay a deposit without expecting additional goods or services to follow (SEC, 1999). The questions 7, 8 and 9 in SAB 101 describe situations where the price may not fixed or determinable in the transaction. Question 8 describes how Company A owns a building and leases it to a retailer. The annual lease payment is $1.2 million plus one percent of all the retailer’s sales in excess of $25 million. It is probable that  sales during the year will exceed $25 million. Should Company A estimate and recognize revenue associated with the one percent of the sales over $25 million on a straight-line basis throughout the year? Because the buyer does not have any fixed or determinable obligation to make a payment until the $25 million sales level has been reached, none of the extra revenue can be estimated and recognized in advance. Question 10 in SAB 101 does not deal with when revenue should be recognized but instead how the revenue should be reported on the income statement. Question 10 discusses the situation where Company A operates an internet site where customers can order the products of another company, Company T. Company T ships directly to the customers and Company A never has any ownership of the merchandise but company A does receive a portion of each sale that Company T makes. Since Company A never takes legal ownership of the merchandise, it would be inappropriate for them to use the gross revenue reporting method where they would report $175 in revenue and $150 in cost of goods sold. Instead Company A should report the money that it earns from each sale as commission revenue. SAB 101 is not the only work that has tried to address the issue of revenue recognition. The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are working together on joint project that would create a single standard for revenue recognition. The project is intended to solve issues in the differences between U.S. GAAP and International Financial Reporting Standards (IFRS). FASB has listed the following six for the project (FASB,2012): 1. Converging U.S. and international standards on revenue recognition 2. Eliminating inconsistencies in the existing conceptual guidance on revenue recognition. 3. Providing conceptual guidance that would be useful in addressing future revenue recognition issues. 4. Eliminating inconsistencies in existing standards-level authoritative literature and accepted practices. 5. Filing voids in revenue recognition guidance that have developed over time 6. Establishing a single, comprehensive standard on revenue recognition In creating a new revenue recognition standard, the FASB and the IASB have adjusted their focus to realization and earnings approach instead of focusing on an asset and liability approach. To assist companies with the changes, FASB issued a proposal that broke down the revenue recognition process into five steps. The first step would be to match the  contract with the customer. The second step would be for the company to identify each step of the transaction with the customer. Third, the company would have to identify the transaction price of each separate act or obligation. In the fourth step, the company reviews how much it expects to receive for preforming each step with the company recognizing the revenue in the final step once the merchandise has been transferred to the customer (FASB, 2012). The work between FASB and IASB is still a work in progress but has strong support from several groups in the accounting community some of which have already laid a foundation to work from. In 1998 former SEC Chairman Arthur Levitt delivered what is now considered to be a famous speech titled â€Å"The Numbers Game† in which he expressed great concern over how many companies engage in the practice of earnings management. In his speech Mr. Levitt identified several major accounting techniques that he thought were being used to undermine the integrity of financial reporting(Levitt, 1998). Mr. Levitt stressed how accounting involves significant judgment and he expressed concern that this judgment was being pushed aside by management due to the pressure that they were encountering to meet the numbers. Mr. Levitt mentioned the standards of objectivity, integrity and judgment in reporting accounting number and stressed that it was these standards that remain an integral part of the public accounting profession’s Code of Professional Conduct and form the foundation by which financial statements are compiled, audited and interpreted. He went on the say that the ethical dilemmas facing businesses and their accountants often revolve around the pressure placed upon companies by investors and creditors. These pressures can sometimes cause management to become involved in â€Å"accounting hocus pocus† (Levitt, 1998). Additionally, because accounting involves judgment, the reported accounting numbers can be significantly different depending on the assumptions made by those that are preparing the financial statements. Mr. Levitt stated that accounting principles â€Å"Allow for flexibility to adapt to changing circumstances† and it was this flexibility that creates many of the ethical issues that accountants are faced with. As companies come under pressure to report  favorable results, accountants also come under pressure to flex those rules almost to the point of breaking. Mr. Levitt gave credit to the Code of Professional Conduct for providing guidance to the public accounting profession members when they are faced with difficult issues (Levitt, 1998). Addressing the issues and establishing new policies and procedures is not enough in ensuring that companies are adhering to changes in methods. Communication must be maintained with those that work in the accounting profession so that they are also complying with the latest methods. In October of 2000, the Chief Accountant of the SE, Lynn Turner, wrote a letter to Ms. Arlene Thomas, the Vice President of the Professional Standards and Services office of the AICPA in order to inform auditors of topics that the SEC had been focusing their attentions on. Amount several topics that Ms. Turner included in her letter was the topic of revenue recognition. The letter discussed the issue of revenue fraud and how over half of the revenue frauds that were identified were due to companies that overstated their revenue because that had reported revenue either too early of deceptively (U.S., 2000). Ms. Turner stressed the importance for auditors to test cut off dates and stressed how auditors must place special focus and conduct testing that is above and beyond the reviewing of a few transactions. Ms. Turner also wanted to bring to of Ms. Thomas the issue that was raised with companies having â€Å"side agreements† with their customers which could alter the terms and conditions of the original contract. These adjustments could result in revenue being improperly recorded and that auditors should conduct thorough testing of contracts. This testing is important because it could assist the auditor with identifying if and side agreements exists and then can test the revenue accordingly. Ms. Turner went on to give praise to the AICPA for a document that they issued entitled â€Å"Audit Issues in Revenue Recognition† and stated how this document should be used by auditors for guidance when it comes to properly auditing revenue. Ms. Turner stated how some organizations can be quite complex and conduct several complex revenue transactions and by reading the terms and conditions of the contracts, auditors would be able to determine  the best course of action for conducting a proper and thorough audit (U.S., 2000). The topic of financial reporting fraud is one that will continue to remain the focus of the SEC, FASB and ISAB for some time to come. Revenue recognition will play a large role in the process as it encompasses two primary factors; management will need to use their own judgment in determining how their revenue should be recognized and that management should be prepared to have their judgments analyzed and questioned. By maintaining focus of the issues that have been identified, and keeping an eye out for possible future issues, the authorities can be certain that investors are making decisions based on accurate information. Constant training and communication between all agencies will ensure that the scandals and financial collapse of companies will not be repeated. References American Institute of Certified Public Accountants Accounting Standards Executive Committee Statement of Position 97-2, (1997) Software revenue recognition, p.08. FASB. (2012, October 13). Revenue recognition—joint project of the fasb and iasb. Retrieved from http://www.fasb.org/project/revenue_recognition.shtml Levitt, A. (1998, September 28). The numbers game. Retrieved from http://www.sec.gov/news/speech/speecharchive/1998/spch220.txt Parizek, G., & Findley, M. (2008). Charting a course: revenue reconition practices for toda’ys business environment. Journal of Accountancy, 20(3), 15-22. SEC. (1999, December 3). Sec staff accounting bulletin: No. 101 – revenue recognition in financial statements. Retrieved from http://sec.gov/interps/account/sab101.htm U.S., SEC. (2002, October 13). Letter: 2000 audit risk alert to the american institute of certified public accountants. Retrieved from http://www.sec.gov/info/accountantts/staffletters/audrsk2k.htm