Information System Intelligence and Database Technologies

Question: Depict about the Information System for Intelligence and Database Technologies. Answer: Information Management, Data Mining, and Data Warehousing Information the executives is characterized as the execution and advancement procedures, strategies, and methods for information handling the board. The information preparing incorporates information mining and warehousing. These two are helps in the board of huge information. Information mining comprise of assortment of immense measure of data and databases for information the board (Joseph, 2013). It helps in separating the information valuable on a particular database for facilitating the information warehousing process. Information warehousing is assortment and procedure of information removed from the information mining. It would help in dealing with the thorough database for supporting the information examination (Han, Pei Kamber, 2011). Components of the arranging procedure, normal administration and administration Components of Data the executives, information warehousing and information mining The components of information the executives, information warehousing and information mining are information portrayal, arrangement of information, access and sharing, existing information and capacity and security. Some other significant components comprise of obligation, scholarly privileges of property, document, and safeguarding. Every one of these components are liable for framing a sync with the information the executives, mining and warehousing (Vucevic Yaddow, 2012). Job of Data Management, Data Mining, and Data Warehousing in Governance The information the board, information mining and information warehousing would help the legislature in different procedures, for example, dealing with the information of the government workers, helping them in their charging office, planning plans utilizing electronic framework supported projects, and distinguishing the non income items for arranging them. The administration had utilized these innovations for keeping up the database of states (Ruppert, 2012). Components of vital getting ready for information the board, mining and warehousing The components of key making arrangements for information the board, mining and warehousing are accomplishment of the presentation focuses for information activities, expanding the profitability of the tasks, accomplishment of the feasible rivalry advantage, and fulfilling clients (Roelofs et al. 2013). These components are basic highlights of information the executives, mining and warehousing arranging process. Data the board and data security and confirmation Data the board and data security and confirmation Data the executives can be characterized as the procedure of the board of data and information (Mahalakshmi Sundararajan, 2013). The data the board manages the procedure of data the executives utilizing any database framework. The security and confirmation is the way toward ensuring outside unapproved access in the database of the data framework. (McNurlin, Sprague Bui, 1989). Be that as it may, the security and confirmation of data framework would bring about expanding the productivity of the data the board. The administration and security confirmation of the data consolidated would bring about compelling data framework (Schwalbe, 2015). Components of the arranging procedure, regular administration and administration Components of Information the executives and Information security and affirmation As indicated by McNurlin Sprague and Bui (1989), the components of data the board and security affirmation are secrecy, uprightness, accessibility, utility, and validness. These components are valuable for the executives of data framework and upkeep of the security and affirmation of data. Job of Information the executives and Information security and confirmation in Governance The data the board and security confirmation has helped government in making a database for all the private and secret data. The legislature needed to manage immense measure of information for the preparing and arranging their activities. This data must be kept made sure about and shielded from any outer access (Spears, Barki Barton, 2013). It tends to be finished by inferring the data the board and security and confirmation. Components of Strategic getting ready for Information the executives, security and affirmation The components of data the board and security affirmation are security approaches, planning of the database, responsibility and conduct (Mahalakshmi Sundararajan, 2013). These components would help in framing key designs for the data the executives and security confirmation. Information Management and Artificial Intelligence framework Information Management and Artificial Intelligence frameworks Information Management is the way toward dealing with the data on an information based framework (Brodie Mylopoulos, 2012). The information based framework helps in dealing with the data. The reasonable information on the information based framework would be useful in shaping and handling of the Artificial Intelligence ideas. The Artificial Intelligence framework is the improvement of innovation for understanding a framework that is equipped for intuition and learning simply like people (Cohen Feigenbaum, 2014). The framework depends on information picked up from throughout the long periods of mechanical turn of events. The information the board would show the degree of the information administration for the man-made brainpower. Components of the arranging procedure, normal administration and administration Components of the executives of Knowledge Management and Artificial Intelligence framework The components of information the executives are report stockpiling, revelation, informing and skill. These components would help in framing the board of the information data. The components of man-made reasoning are information portrayal, deduction techniques, creation framework, metaphysics and theory. The components are utilized for framing the union of the data about the man-made consciousness (Chandrasegaran et al. 2013). Job of Knowledge Management and Artificial Intelligence framework in administration Information the executives has helped in building up a precise methodology for the administration of the information based data of their tasks. The data of the administration database like assessment forms or salary explanation can be overseen by the utilization of information the board data framework. The legislature had actualized the procedure of the observation utilizing the computerized reasoning in their activities. The man-made brainpower has helped the legislature with the dynamic procedure. The coherent thinking and human knowledge in the created framework has helped the administration for settling on better choices (Wilensky, 2015). Components of Strategic arranging of Knowledge Management and Artificial Intelligence framework The components of vital arranging are structuring research, looking, practicality, and idealness (Lundquist Trippl, 2013). These components have helped in framing the administration of the information about the computerized reasoning. The information the board includes components like grouping, stockpiling, programming, crude information, and kind of information (Chang, Manohar Wilhm, 2014). References Brodie, M. L., Mylopoulos, J. (Eds.). (2012).On information base administration frameworks: incorporating computerized reasoning and database advancements. Springer Science Business Media. Chandrasegaran, S. K., Ramani, K., Sriram, R. D., HorvTh, I., Bernard, A., Harik, R. F., Gao, W. (2013). The advancement, difficulties, and eventual fate of information portrayal in item plan frameworks. PC supported structure, 45(2), 204-228. Chang, K., Manohar, N. D., Wilhm, R. K. (2014). U.S. Patent No. 8,712,965. Washington, DC: U.S. Patent and Trademark Office. Cohen, P. R., Feigenbaum, E. A. (Eds.). (2014). The handbook of man-made consciousness (Vol. 3). Butterworth-Heinemann. Han, J., Pei, J., Kamber, M. (2011). Information mining: ideas and strategies. Elsevier. Joseph, M. V. (2013). Criticalness of information warehousing and information mining in business applications.International Journal of Soft Computing and Engineering (IJSCE) ISSN, 2231-2307. Khan, An., Ehsan, N., Mirza, E., Sarwar, S. Z. (2012). Coordination between client relationship the board (CRM) and information warehousing.Procedia Technology,1, 239-249. Lundquist, K. J., Trippl, M. (2013). Separation, closeness and sorts of cross-outskirt advancement frameworks: A reasonable analysis.Regional Studies,47(3), 450-460. Mahalakshmi, M., Sundararajan, M. (2013). Customary SDLC Vs Scrum MethodologyA Comparative Study.International Journal of Emerging Technology and Advanced Engineering,3(6), 192-196. McNurlin, B. C., Sprague, R. H., Bui, T. X. (1989).Information frameworks the executives practically speaking. Prentice-Hall International. Roelofs, E., Persoon, L., Nijsten, S., Wiessler, W., Dekker, A., Lambin, P. (2013). Advantages of a clinical information stockroom with information mining devices to gather information for a radiotherapy preliminary. Radiotherapy and Oncology, 108(1), 174-179. Ruppert, E. (2012). The administrative topologies of database devices.Theory, Culture Society, 29(4-5), 116-136. Schwalbe, K. (2015). Data innovation venture the board. Cengage Learning. Lances, J. L., Barki, H., Barton, R. R. (2013). Estimating the idea and job of confirmation in Information Systems Security. Data the board, 50(7), 598-605. Vucevic, D., Yaddow, W. (2012). Testing the information distribution center practicum: Assuring information content, information structures and quality. Trafford Publishing. Wilensky, H. L. (2015). Hierarchical insight: Knowledge and arrangement in government and industry (Vol. 19). Quid Pro Books.

Recruitment And Selection Construction Business Commerce Essay

Enrollment And Selection Construction Business Commerce Essay Since the organization is a development business, there are two workplaces one is the on location office and the other one is the primary office. The enrollment and determination process is significantly done for the principle office. The various posts for which enrollment is completed are for the various offices, for example, advertising, human asset, money and useful divisions. The organization doesn't complete enlistment process on an auspicious premise; it is led as and when a worker leaves the association or when another position is perceived in the association. Enlistment and determination Enlistment is the head significant strides in the determination procedure in the Organizations. It has been clarified as an action coordinated to acquire fitting HR whose capabilities and abilities coordinate elements of the applicable posts in the Organization. Its significance can't be over-underscored and can likewise be best depicted as the core of the association. Enlistment and determination process begins when an opening opens up in an association. The significant contrasts among enrollment and choice is featured underneath Enrollment Choice Is the way toward looking the contender for work and motivating them to go after positions in the association It Involves the arrangement of steps by which the applicants are screened forâ choosing the most appropriate people forâ vacant posts The fundamental motivation behind enlistments is to make an ability pool of possibility to empower the choice of best contender for the association, by drawing in an ever increasing number of representatives to apply in the association. The essential motivation behind choice procedure is to pick the correct contender to fill the different situations in the association Enlistment is a positive procedure for example empowering an ever increasing number of representatives to apply . Choice is a negative procedure as it includes dismissal of the unacceptable competitors. Enrollment is worried about tapping the wellsprings of HR Choice is worried about choosing the most reasonable up-and-comer through different meetings and tests There is no agreement of enrollment set up in enlistment Choice outcomes in an agreement ofâ service between the business and the chose representative. Enrollment and determination is a 10-advance procedure. These means are shown in the accompanying table Companys process The human asset division of the organization completes the accompanying procedure for enlisting and choosing new workers. Each time a worker holding high post chooses to leave the firm, the chief of the organization with the assistance of human asset division plunks down to break down the structure of the association and studies whether any change is required. Change could be through clubbing distinctive occupation obligations or whether it is important to enroll another worker. On the off chance that there is an adjustment in the structure, the representatives are educated about it during the week by week gatherings. In the event that there is no change to be made to the structure, at that point the enlistment and determination process is completed Occupation investigation After the opening is affirmed, the HR division surveys the set of working responsibilities and employment particular and makes the important changes whenever required. The set of working responsibilities contains things, for example, Employment determination records the human capabilities important to carry out the responsibility like- The businesses of Empire development look for the accompanying abilities in the workers Diagnostic Time the board Arranging Dynamic Critical thinking Data chasing The choice procedure is then founded hands on portrayal and occupation determination. The HR head chooses the weightage that every measure will have in the choice of the representative Commercial Commercial is done to get reasonable applicants mindful about the empty post. The organization thinks that its important to be as straightforward as could reasonably be expected while showing the activity notice. A portion of the subtleties referenced in the activity notice are All positions must be publicized for at least five working days. The organization initiates workers both inside and remotely; this relies upon the empty post. For inside enrollment the empty posts are publicized just inside, where the activity subtleties are posted on the notification board and the post is spoken about in the gatherings. Anyway inside enlistment in the organization is restricted since the workforce in the organization is inconsequential. Outside notice The Company promotes the empty post remotely by utilizing the paper. Additionally the organization lets different occupation places mindful of the post. In the realm of innovation the organization additionally utilizes different online sites, for example, naukri.com and monster.com to post about the activity and get reasonable applicants. Application process Following the notices the intrigued up-and-comers are approached to top off an application structure, which is given to them through email or can be gathered from the principle office. A case of the application structure is appended underneath. Alongside the application structure the competitors are required to present their CV. After all the applications are gotten the Hr division of the organization screens applications and short-records the appropriate up-and-comers. The short recorded applicants are then approached to want a meeting; this data is passed to the reasonable up-and-comers utilizing messages and calls. The dismissed applicants are additionally sent a mail expressing that they have been dismissed for the activity applied for. Meeting The organization head and the Hr supervisor together meeting the short-recorded competitors. A portion of The essential inquiries addresses they ask the up-and-comers are recorded beneath. For what reason do you need this activity? What do you think about this organization? What makes you figure you will fit in this association? What are your key qualities? What are your principle shortcomings? The inquiry question that they ask are situational put together and is to a great extent subordinate with respect to the post applied for. One genuine model that the Hr head gave the creator was comparable to a meeting for the business head. The interviewee was given with the leaflet of the companys new undertaking and was asked to call attention to purposes behind what reason the deals may or not occur as for that pamphlet. When the meeting is done, the HR group plunks down together to check the qualifications. The option to work proof, birth endorsement, identification, visa and other such records are thought about during the meeting procedure. Not long after the accreditations are checked the way toward positioning the candidates begins. The organization completes this procedure utilizing the free methodology. Every individual from the determination panel pens down their perspectives and positions the candidates based on the standard. After which the determination council goes to an accord where the candidate with the most legitimacy is chosen to fill the empty position. If there should be an occurrence of a contention the senior supervisor of the firm will take the choice. Choice procedure is trailed by then choosing the starting pay of the representative. Compensation is chosen dependent on the experience, capabilities and furthermore the post applied for. Candidates are viewed as reasonable are positioned arranged by inclination. The errand of finishing reference checking of the candidates is given over to rather the choice advisory group or the chiefs chosen one. Reference checks are imperative to comprehend the capacity of the candidate to do his obligations of position as per the rule. Reference looking at isn't conveyed for the candidates who were met. Truth be told it is just accomplished for the candidate who positioned the most elevated. On the off chance that at all there is not really any distinction between at least two candidate then their reference can likewise be thought of. On the off chance that the determination board of trustees chooses to move toward the officials that have not been selected by the candidate, at that point they should take consent from the candidate before doing as such. Maintenance process Powerful worker maintenance is an orderly exertion by managers to make and cultivate a domain that urges current representatives to stay utilized by having approaches and practices set up that address their differing needs. Holding existing staff spares the businesses time and cash of enrolling, choosing and preparing new workers. Realm developments utilize a few different ways to hold their current representatives, Mr T.s Vig the Director of the organization said that maintenance of the key workers is fundamental for the undertaking achievement. The organization consistently has post employment surveys for workers who choose to find employment elsewhere; these meetings have uncovered a few reasons why individuals leave the activity. For example, Better pay bundle somewhere else More Benefits somewhere else An excess of remaining task at hand The different estimates taken by the organization so as to hold its workers are as the follows The organization has confidence in having an open correspondence framework where no worker feels distanced and all representatives feel like a significant piece of the association. Making work not just about work, the organization condition is amicable. They praise all celebrations with a great deal of energy in the organization, this brings all the representatives closer as a gathering. Additionally the workers are distributed with exceptional rewards during certain celebrations for instance during Diwali the representatives are allowed a large portion of a months additional compensation. Pay so as to hold the representatives the organization continues overhauling the workers pay over the long haul. Advantages Empire developments gives their laborers a few advantages such as㠢â‚ ¬Ã¢ ¨ à ¢Ã¢â€š ¬Ã¢ ¢ Paid vacation㠢â‚ ¬Ã¢ ¨Ã£ ¢Ã¢â€š ¬Ã¢ ¢ Paid occasion à ¢Ã¢â€š ¬Ã¢ ¨Ã£ ¢Ã¢â€š ¬Ã¢ ¢ Sick leave, Incidental advantages are talked about in detail later. Benefits The workers of Empire developments are given an annuity while resigning; this propels them to remain longer in the association. Persuasive procedures utilized by the organization are to fundamentally make the more proficient and they likewise help in retainin

How Do You Show Demonstrated Interest to MBA Programs

An article recently published by the Wall Street Journal recently reported that many undergraduate institutions are now tracking how quickly prospective students opened their emails, how long they kept them open, and whether they clicked on any of their links. They include these metrics in the applicant’s ‘demonstrated interest’ score, which, with the increasing number of applications, helps them determine who is more likely to accept their admission offer and enroll. This is important because different university ranking systems take into account an institution’s â€Å"yield,† that is, the percentage of admitted students who actually attend. As a former associate director of admissions at Yale SOM and director of admissions of Michigan State Broad, I would not be surprised if graduate programs, particularly business schools, are starting to follow similar stats. For business schools, knowing the level of interest of their prospective audience is crucial, and knowing a candidate has demonstrated interest might just tip the balance toward admission, particularly for borderline candidates. So, how do you show â€Å"demonstrated interest†? I have 5 tips for you: Register your information on the school’s websites as soon as possible. Don’t wait until you are ready to apply. The earlier you register, the better. Open every single email you receive from them, click through their links, and whenever possible, attend their online and in-person events. Follow them on social media, and within reason, like and comment on their posts. Visit them. Now more than ever it’s very important to show them that you are committed to attending their program. Before you go, prepare for your visit well, taking advantage of all they have to offer. Click here for more tips on how to prepare for your business school visit. If you can’t visit, reach out to current students at clubs you are interested in and make it a point to attend any events near you. After visiting or attending their events near you, send them a ‘thank you’ note. If graduate schools are indeed tracking your interactions with them as part of their decision process, why not use that to your advantage? Follow these tips and you will very clearly show demonstrated interest to your schools, moving up a few notches in their favor. Do you need help demonstrating your interest in your target programs? Do you need guidance on any other element of your business school application? Check out our MBA Admissions Consulting Editing services and work one-on-one with an expert advisor who will help you get ACCEPTED!   hbspt.cta.load(58291, 'c972a78a-33b9-4a26-a54d-393ab0e96b7b', {}); Esmeralda Cardenal is a Former Associate Director of Admissions at Yale SOM, Director of MBA Admissions at MSU Broad, and consultant at Cardiff Business School in the UK. Since 2014, she has guided Accepted clients to acceptance in various graduate programs including MBA and master's in finance, business analytics, data science, sustainability, and public policy.  Want Esmeralda to help you get Accepted? Click here to get in touch! Related Resources: Navigate the MBA Maze, a free guide Top 6 Tips for Visiting Business Schools 3 Ways to Determine Which B-Schools Are a Good Fit for You

Essay on A Speech on Bullying - 1047 Words

Good Morning/Afternoon fellow class mates, the issue that I have come to share and talk about with you today is Bullying. It is all around us, everyone bullies, no matter what you think or have done, you’ve most likely bullied someone. There are many issues in the news that involve bullying and bad things that happen, aswell as people being affected from people bullying them. Bullying is happening everywhere and the chances that you will encounter it are high. Around the world bullying is big particularly within schools and online in cyber space. With all schools talking about bullying and the media regularly reporting on latest research, it could seem like were in a bullying epidemic. But, its not all bad - the incidence of†¦show more content†¦Ã¢â‚¬ ¢ Children who were frequently bullied by their peers were more likely to develop psychotic symptoms in their early adolescence, says more UK research. †¢ Girls were much more likely than boys to be victims of both cyber and traditional bullying, says a recent Murdoch Childrens Research Institute study. †¢ Young people who bully have a one in four chance of having a criminal record by the age of 30. †¢ Bullying is the fourth most common reason young people seek help from childrens help services Our culture emphasizes a mentality that encourages dominance and aggression. Extreme bullying, often using sexual slurs such as gay, fag, slut and whore, is becoming a common experience for students of all ages, and in particular, for children aged 11-13. Bullying will stop when individuals protect themselves; when schools create a community of respect. We now have a society that rewards humiliating and demeaning others. Reality television shows have judges who use bullying techniques as they assess the contestants. This kind of entertainment harkens back to ancient times when the public gathered in coliseums to see spectacles, such as gladiators; who killed their foes. Why do we like to watch others get hurt, either physically or psychologically? There are many reasons but the simplest explanation is that most people identify with the winner, and they feel better about themselves; as if they had won.Show MoreRelatedCyber Bullying Speech : Bullying1009 Words   |  5 PagesCyber bullying Speech Many people in the world don’t seem to comprehend how much of a big problem bullying is. Bullying is so common now a days, that when is occurs, no one seems to notice it or worse, no one seems to care. 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An Example Of Software Failure - 955 Words

Software is used everywhere, such as in cell phones, GPS, ATM, and all other technologies. Software makes people’s life easier because it helps in everything. Software is usually made to be stable and people can rely on it. However, at some point software could fail down and cause serious disaster, such as losing information, hardware failure, or other serious issues. There are some signs of imminent failure that might include poor performance, popups or frequent errors, unknown programs that being installed, power loss (computer shuts down automatically), or certain parts not working. Some companies have software failures, which could ruin their reputation. There are several reasons that implements the software failing such as, poor software system, sloppy development practices, unmanaged risks, poor reporting of the project’s status, and inability to handle the project’s complexity (Charette, n.d.). An example of software failure is NASDAQ. The National Association of Securities Dealers Automated Quotation (NASDAQ) is a stock market that began trading on February 8, 1971, in New York, as the world’s first electronic stock market, trading for over 2,500 securities (History of the American and NASDAQ Stock Exchanges, 2012). NASDAQ began at the National Association of Securities Dealers, or NASD. The NASD wanted to create a way for investors to buy and sell stocks on a computerized, transparent, and fast system. The NASD believed that investors could earn moreShow MoreRelatedQuestions On Advance Software Engineering1655 Words   |  7 PagesAdvance Software engineering Midterm-1 Name : Sushma Manjunath Bharadwaj ID: 87298 1. What is a context diagram? Why is a context diagram important to software engineering? How does doing a context diagram improve the safety and reliability of the ultimate software project? 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Generally, these chip-level studies provide importantRead MoreThe Software Development Field Of Computer Science843 Words   |  4 Pagescareer in the software development field of computer science. In this field, I will mostly be creating programs and software to be installed or run on computers or other machines. Of course like any professional career, ethical issues can appear, but the issues found in the tech industry are not always found in the office area. Many of the issues developers face are outside of the office area and out in the field. The type of issues I am addressing is computer crimes, computer failures, protection

Effect Internal Audit Function Management â€Myassignmenthelp.Com

Question: Discuss About The Effect Internal Audit Function Management? Answer: Introducation Internal control is the policy defined in an organization through which the organization can achieve its objectives most efficiently and comply with the regulations and defined policies. The strengths in the internal controls of Acid Pty Ltd. are : There are various terminals and checks pre-determined at every level of the business cycle such as at the ordering department, sales department, dispatch office, stores department and the delivery department. Such terminals and check are very important for the business process to accomplish effectively (Elder et. al, 2010). The orders are taken on a selective basis as the orders receive pass through the computer edit checks and those orders which are not up to the mark are rejected by the system. This ensures that only those orders are taken which can be fulfilled by the company with full accuracy (Vause, 2009). It helps in ensuring a better activity and enables the company to receive orders. Moreover, the orders that are fulfilled are undertaken ensuring that the business is not affected. The weaknesses in the internal control of Acid Pty Ltd. are: Although the order checking and accepting system is good, it may result in fewer orders and thus fewer sales as the orders would have been checked through some officials and if any adjustments or modifications could be possible for procuring orders, it would help in increasing the sales (Church et. al, 2008). Therefore, the process of evaluation will lead to fewer The company takes the orders without checking the inventory levels. After taking the orders and going through different departments, the final orders are forwarded to the warehouse department where it is finally assessed by the store person and if the ordered goods are out of stock, the partial orders of goods in stock are forwarded to the dispatch department (Geoffrey et.al, 2016). Hence, the process of assessment is weak and will not help the company to enhance its sales. Moreover, the process is slow and will not help the company to attain a better prospect. Lack of oversight and review is there by the owners towards the whole business cycle as there are different flaws in all departments and these would be identified only when the owners or the top level executives keep a watch on all the activities and processes of the business cycle (Church et. al, 2008). The long business cycle is a very time-consuming The accounts receivables are updated in the master file on a daily basis but the same is not reconciled with the delivery receipts. The implications of weaknesses identified are as under : As there are no reviewing of the orders received from the customers apart from the computerized system, there is a possibility and might have been many cases where the order criteria may not have been found correct by computer system due to nonfulfillment of one or two criteria or may be due to any clerical error, but the same could be rectified or amended by the department head (Matthew, 2015). Due to complete dependency on computer systems for procurement of purchase orders, the company may lose many purchase orders in future which may further reduce the sales of the company and ultimately reduce the profitability. The company takes the orders without checking the inventory levels. After taking the orders and going through different departments, the financial orders are forwarded to the warehouse department where it is finally assessed by the store person and if the ordered goods are out of stock, the partial orders of goods in stock are forwarded to the dispatch department. This may create great losses for the company in the form of Fall in the reputation of the company as the customers who have placed their orders will not get those goods delivered which are not in stock with the company. As the company had accepted the orders, it should fulfill the same. When these are not fulfilled, the reputation of the company in the eyes of the company will start falling considerably. The company may incur losses as it might have to pay compensation to its customers for partial delivery of goods. Once a company accepts the orders, it becomes its obligation to fulfill the orders in time and deliver the complete orders. In case bulk orders are taken from big companies and orders are not completely delivered, the company may have to pay compensation to the ordering companies. Lack of oversight and review is there by the owners towards the whole business cycle as there are different flaws in all departments and these would be identified only when the owners or the top level executives keep a watch on all the activities and processes of the business cycle. If the owners will not keep a watch and review on the business process, it may lead to various frauds and manipulations in the accounts, cash, and inventories by the managers or low-level workers of different departments (Johnstone al, 2014). The whole business process is a very time-consuming process which may lead to more time taking in the delivery of orders. The time period between procurement of order and dispatch and delivery of orders increases due to such lengthy processes. The company should instead develop a shorter cycle to save time and money (Wood, 2011). The accounting receivable are not tallied and verified on a daily basis by the company with the daily delivery vouchers. This may lead to the incorrect calculation of amounts receivable from customers. Control Risk Assessment for companys sales system : Control risk assessment is a technique through which the risks are assessed so that the objectives for which internal controls have been implemented can be achieved (Gay Simnet, 2015). In the given case the assessment procedure of risks shall be set up department wise. If the sales system is taken here, then the risk assessment may be done using the following methods/ techniques: By inquiring about the sales system and its process from the management team and the other designated personnel of sales team By going through the audit report of the previous year and noting the points in the report with regard to the internal controls. By observing the whole process followed by the sales system. The company and the management need to do in-depth study about the business process cycle and verify the reports presented by each department with regard to their follow-ups and actions taken in case of any problem has been assessed. Internal control is the policy defined in an organization through which the organization can achieve its objectives most efficiently and comply with the regulations and defined policies (Gay Simnet, 2015). The strengths in the internal controls of Cannon Pty Ltd. are : The cheques from the customers have received through email This helps in keeping a track of the cheques received from the particular customers. Moreover, this process inconvenient in nature as it helps in providing a better grasp of the records. All the cheques are crosses to ensure that the payments are going into the bank account of the company only. It is a better prospect as it leads to keeping a track. Daily cash receipt reports are printed in the company. This enables the company to have a better management of the cash receipts. The weaknesses in the internal control of Cannon Pty Ltd. are: The cheques are crossed after they are received in the sales order department by the credit control clerk. As the cheques are received through email and sales representatives, there are very high chances that the cheques may be manipulated and fraud may be committed because before a cheque is crossed, it remains a bearer cheque. The details of cheques received are entered in the terminal at a later level. It should be done as soon as the cheques are received. There is no check on the aging of debtors. Where the information regarding remittance advice is not adequate or is not attached with the cheques, the credit control clerk allocates the receipts to the oldest balance first. There is no proper segregation of duties as the credit control clerk is only responsible for collecting the cheques and crossing them, entering details of the cheques in terminal and aging of debtors. The cash receipts data and accounts receivable master file is prepared daily with the cheque details only before the cheques have been credited to the bank accounts. It may be possible that some cheques may get bounced but the accounts receivables have already been shown as cash received with the receipt of cheques (Carcello, 2012). The implications of weaknesses identified are as under : As the cheques are crossed after they are received in the sales order department by the credit control clerk, there are very high chances that the cheques may be manipulated and fraud may be committed because before a cheque is crossed, it remains a bearer cheque and the sales representatives and the person who receives the email may take full advantage of this limitation in the internal control (Carcello, 2012). The details of cheques received are entered in the terminal at a later level. It should be done as soon as the cheques are received. Once an instantaneous recording of the cheque is done it leads to better transparency and elimination of any fraudulent activity. This delay in recording of cheques may lead to manipulation of cheques by the person responsible for collecting them (Heeler, 2009). By keeping a track of the cheques received at the initial level only, this problem can be avoided. There is no check on the aging of debtors, and further, where the full information is not received along with the cheques, the allocation process gets disturbed. Also, there is no clarification sought immediately from such debtors. As there is no segregation of duties and numerous duties have been handed over to one person only, there are major chances of mistakes and errors due to overburdening of the person which is the credit control clerk. Hence, the company should appoint one or two more persons so that the duties can be segregated (Black, 2010). The cash receipts data and accounts receivable master file is prepared daily before the cheques have been credited to the bank accounts. It may be possible that some cheques may get bounced but the accounts receivables have already been shown as cash received with the receipt of cheques (Reding et. al, 2015). The company should record the amounts received only when the cheques are encased or credited to the bank accounts of the company. As per Roach (2015) assessment of the internal controls shall be done using the following technique: By enquiring about the cash receipts system and its process from the management team and the other designated personnel of cash receipts management team. By observing the whole process followed by the cash receipts management team. By checking the mails register and also the registers maintained and signed by the sales representatives. By accessing the accounts receivable registers. This will provide a better view of the accounts receivable and hence, the appropriate decision can be taken regarding the funds. By reconciling the bank accounts with the cash receipts reports and bank deposit slips. The reconciliation will help in providing a better response and any differences can be easily negated. All these assessment techniques will help the company in finding out the internal control risks and also help in advising the management on how to remove the said weaknesses in the internal controls. References Black, W. K 2010, Epidemics of Control Fraud lead to Recurrent, Intensifying Bubbles and Crises, Working paper, University of Missouri-Kansas City. Carcello, J 2012, What do investors want from the standard audit report?, CPA Journal vol.82, no. 1, pp. 7-12 Church, B, Davis, S McCracken, S 2008, The auditors reporting model: A literature overview and research synthesis, Accounting Horizons vol. 22, no. 1, pp. 69-90. Elder, J. R, Beasley S. M. Arens A. A 2010, Auditing and Assurance Services, Person Education, New Jersey: USA Gay, G Simnet, R 2015, Auditing and Assurance Services, McGraw Hill Geoffrey D. B,Joleen K,K. Kelli SDavid A. W 2016, Attracting Applicants for In-House and Outsourced Internal Audit Positions: Views from External Auditors, Accounting Horizons, vol. 30, no. 1, pp. 143-156. Heeler, D 2009, Audit Principles, Risk Assessment Effective Reporting. Pearson Press Johnstone, K, Gramling, A Rittenberg, L.E 2014, Auditing: A Risk Based-Approach to Conducting a Quality Audit,10th Edition, Cengage Learning Reding, H.R, Sobel, P.J, Anderson, U.L, Head,M.J, Ramamoorti, S, Salamasick,M Riddle, C 2015, Internal Auditing: Assurance Advisory Services, 3rd Edition, The Institute of Internal Auditor Research Foundation Matthew S. E 2015, Does Internal Audit Function Quality Deter Management Misconduct?, The Accounting Review, vol. 90, no. 2, pp. 495-527 Roach, L 2010, Auditor Liability: Liability Limitation Agreements, Pearson. Vause, B 2009, Guide to Analysing Companies, Bloomberg Press Wood, D A 2011,The Effect of Using the Internal Audit Function as a Management Training Ground on the External Auditor's Reliance Decision, The Accounting Review, vol. 86. no. 6

Oedipus The King Essays (1552 words) - Literature, Greek Mythology

Oedipus The King The true Greek tragedy, Oedipus the King, written by Sophocles (496-406 B.C.), adheres to Aristotles (384-322 B.C.) definition of a tragedy. The first criterion of a Greek tragedy is that the protagonist be a good person; doubly blessed with a good heart and noble intention. Sophocles reveals immediately at the start of the play that Oedipus is such a man. As is common in the Greek tragedy Oedipus is also an aristocrat. Born of the King and Queen of Thebes he is of true nobility. Oedipus on the other-hand believes his parents are the King and Queen of Corinth. Oedipus was abandoned as a baby and adopted by them. Because that information is known to the audience, and not to Oedipus prior to the start of the play, it is a perfect example of tragic irony because when he declares that he will find the murderer he is the man that he pursues. Here he is told by Tiresias," I say you are the murderer you hunt" (1235). The theme of Oedipus the King is not clear-cut. The theme in this tragic play seems to be you can?t escape your fate. Contentment leads to ignorance as Oedipus lends fate a hand in his bitter end. This trait is touched-on in these lines spoken by Creon. "Look at you, sullen in yielding, brutal in your rage- you'll go too far. It's perfect justice: natures like yours are hardest on themselves"(Sophocles 1242-1243). Oedipus is a true hero in the Greek tragedy. He has the fate of the community in his hands along with the noble character to take care of it himself. He announces his convictions to take this problem into his own hands and do whatever is necessary to lift the curse. Oedipus addresses the priests assembled before him, " You can trust me; I am ready to help, I'll do anything (Sophocles 1225). The city has this faith in him and the priest come to tell him so he will help them lift the curse. "Now we pray to you. You cannot equal the gods, your children know that...But we do rate you first of men,"(1226). He also appears to have Apollo's ear, which makes him seem all-powerful to the audience; this is another standard of the classic Greek tragedy. Oedipus told his people, "After painful search I found one cure: I acted at once. I sent Creon, my wife's own brother, to Delphi-Apollo the Prophet's oracle- to learn what I might do or say to save our city" (1226). Following Aristotle's qualifications of the tragic hero Oedipus does have a tragic flaw as is standard in the Greek tragedy. Oedipus has a character flaw that brings his end. Although it cannot be summed-up in one word there is evidence that his flaw may be ignorance or blindness to his own fate. This ignorance unearths a pride that is revealed though out the play. As when Oedipus tells the chorus/city' "You pray to the gods? Let me grant your prayers" (1231). Oedipus is too content with himself and his life to see his end coming. He throws caution to the wind when he kills a man who is old enough to be his father. This was done shortly after he had gone to see Apollo."-and the god Apollo spurned me, sent me away denied the facts I came for, but first he flashed before my eyes a future great with pain, terror, disaster-I can hear him cry,' You are fated to couple with your mother...you will kill your father, the one who gave you life" (1246)! Oedipus goes to great lengths to keep his fate from being played-out. He thinks running away will stop his role in things to come. And in his marriage to an older woman, he seems to tempt fate by not questioning his choice, when he knows there were doubts about his being a true blood relation to his parents. This is revealed to the audience when Oedipus says, "Some man at a banquet who had drunk too much shouted out-he was far gone mind you-that I am not my father's son" (1245). There are many choices he makes that can only be accredited to his blind faith in himself. Which is displayed in a blindness that is transmitted throughout. Oedipus refuses to believe Tiresias because he is a blind man and he tells him, "You've lost your power, stone-blind, stone-deaf--senses, eyes blind as stone!'-'this fortune-teller peddling lies, eyes peeled for his own profit-seer blind in his craft!"(1235). But