Audit Solutions for Chapter Essay Example

Audit Solutions for Chapter Paper I Focused on short-term prices; failed to perform long-term growth analysis; abdicated all responsibilities to management as long as stock price increased. Board of Directors Broad Role: the major representative Of stockholders to ensure that he organization is run according to the organization charter and there is proper accountability. Specific activities include: * Selecting management. * Reviewing management performance and determining compensation. Declaring dividends * Approving major changes, e. G. Mergers * Approving corporate strategy * Overseeing accountability activities. Inadequate oversight of Approval of management compensation plans, particularly management. Stock options that provided perverse incentives, including incentives to manage earnings. Independent, often dominated by management. * to spend sufficient time or have sufficient expertise to perform duties. * Continually re-priced stock options when market price declined. Management Broad Role: Operations and Accountability, Managing the organization effectively and provide accurate and timely accountability to shareholders and other stakeholders, Specific activities include: * Formulating strategy and risk appetite. Implementing effective internal controls. Developing financial reports. * Developing other reports to meet public, stakeholder, and regulatory requirements. I ;k Earnings management to meet analyst expectations. Granduncle financial reporting. Pushing accounting concepts to achieve reporting objective. * Viewed accounting as a tool, not 3 framework for accurate reporting. Audit Committees Of the Board of Directors I Broad Role: Provide oversight of the internal and external audit function and the process Of preparing the annual accuracy financial statements and public reports on internal control. We will write a custom essay sample on Audit Solutions for Chapter specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Audit Solutions for Chapter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Audit Solutions for Chapter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Specific activities include: Selecting the external audit firm. * Approving any non-audit work performed by audit firm. Selecting and/or approving the appointment of the Chief Audit Executive (Internal Auditor), * Reviewing and approving the scope and budget of the internal audit function. * Discussing audit findings with internal auditor and external auditor and advising the Board (and management) on specific actions that should be taken. * Similar to Board members did not have expertise or time to provide effective oversight of audit functions. Were not viewed by auditors as the audit client, Rather the power to hire and fire the auditors often rested with management. I Self-Regulatory Organizations: CPA, FAST Broad Role: Setting accounting and auditing standards dictating underlying tangential reporting and auditing concepts. Set the expectations of audit quality and accounting quality. Specific roles include: * Establishing accounting principles ;k Establishing auditing standard s ;k Interpreting previously issued standards * Implementing quality control processes to ensure audit quality, * Educating members on audit and accounting requirements. Peer reviews did not take a public perspective; rather than looked at standards that ever developed and reinforced internally. ;k CPA: Leadership transposed the organization for a public Organization to a trade association that looked for revenue enhancement opportunities for its members. Did not actively involve third parties in standard setting. FAST: Became more rule-oriented in response to (a) complex economic transactions; and (b) an auditing profession that was more oriented to pushing the rules rather than enforcing concepts. * FAST: Pressure from Congress to develop rules that enhanced economic growth, e. . Allowing organizations to not expense stock options. Other Self-Regulatory Organizations, e. G. NYSE, NASA Broad Role: Ensuring the efficiency of the financial markets including oversight of trading and oversight of companies that are allowed to trade on the exchange. Specific activities include: * Establishing listing requirements including accounting acquirement, govern ance requirements, etc. * Overseeing trading activities, Pushed for improvements tort better corporate governance procedures by its members, but failed to implement those same procedures for its governing board, management, and trading specialists. Regulatory Agencies: the SEC Broad Role: Ensure the accuracy, timeliness, and fairness of public reporting of financial and other information for public companies. Specific activities include: * Reviewing all mandatory filings with the SEC, * Interacting with the V-CAB in setting accounting standards, k Specifying independence standards required of auditors that report on public financial statements, * Identify corporate frauds, investigate causes, and suggest remedial actions. Identified problems but was never granted sufficient resources by Congress or the Administration to deal with the issues. External Auditors I Broad Role: Performing audits of company financial statements to ensure that the statements are free of material misstatements including misstatements that may be due to fraud. Specific activities include: * Audits Of public company financial Statements, * Audits Of non-public company financial statements, * Other accounting related work such as tax or consulting. Pushed accounting concepts to the limit to help organizations achieve earnings objectives. Promoted personnel based on ability to sell non-audit products. Replaced direct tests Of accounting balances with a greater use of inquiries, risk analysis, and analytics. * Failed to uncover basic frauds in cases such as World and Healthful because fundamental audit procedures were not performed. Internal Auditors I Broad Role: Perform audits of companies for compliance with company policies and laws, audits to evaluate the efficiency of operations, and audits to determine the accuracy financial reporting processes. Specific activities include: * Reporting results and analyses to management, (including operational management), and audit committees, Evaluating internal controls. Focused efforts on t)operational audits and assumed that financial auditing was addressed sufficiently by the external audit function. Reported primarily to management with little effective reporting to the audit committee. In Some instances (Healthful, World) did not have access to the corporate financial accounts. I 2-3. The board of directors is often at the top of the list when it comes to responsibility for corporate governance failures. Some of the problems with the road Of directors included: * Inadequate oversight Of management. * Approval of management compensation plans, particularly stock options that provided perverse incentives, including incentives to manage earnings. Non-independent, often dominated by management. * Did not spend sufficient time or have sufficient expertise to perform duties. * Continually re-priced stock options when market price declined. 2-4. Some of the ways the auditing profession was responsible were: * Too concerned about creating revenue enhancement opportunities for the firm, and less concerned about their core services or talents * Were willing to push counting standards to the limit to help clients achieve earnings goals Began to use more audit Shortcuts such as inquiry and analytical procedures instead to direct testing to account balance. ;k Relied on management representations instead of testing management representations. * Were too often advocates of management rather than protectors of users. 2-5. Cookie jar reserves are essentially liabilities or contra-assets that companies have overestimated in previous years to use when times are tougher to smooth earnings. The rationale is that the funds are then used to smooth earnings in he years when earnings need a boost. Smooth earnings typically are looked upon more favorably by the stock market An example of a cookie jar reserve would be over-estimating an allowance account, such as allowance for doubtful accounts. The allowance account is then written down (and into the income statement) in a bad year. The result is to increase earnings in the subsequent year. 2-6. Seers should expect auditors to have the expertise, independence, and professional skepticism to render an unbiased and justified opinion on the financial statements. Auditors are expected to gather sufficient applicable evidence to render an independent opinion on the financial statements. 2-7. The Serbians-Cooley Act was designed to clean-up; corporate America, especi ally in the realms of financial reporting. The overall intent was to encourage better corporate governance; to make the audit committee the auditors client; encourage the independence and oversight of the board, and improve the independence of the external audit profession. There were certainly many factors that led to the Serbians-Cooley Act, but the failures at Enron and World will probably be pointed to in the future as the major factors that led o the act being passed when it was. The Congress intended to develop a new reporting process that would provide just cause for the public to again trust financial statements and the audit processes leading up to the audit opinion. 2-8. The PEPCO is mandated by Congress to set standards for audits of public companies and perform quality control inspections of CPA firms that audit public companies. In order to carry out these responsibilities, the APACE requires all firms that audit LIST. Listed (public) companies to register With it. It performs annual inspections on all audit firms that audit more than 100 public companies each year. It performs less frequent inspections, usually once every three years, for audit firms that audit less than 100 companies annually. The PEPCO issues Inspection Reports for each inspection that is performed. The first part describes problems they encountered in their review;. 5 of audits and that part is made public. The second part describes problems that the firms have with their quality control process. The second part is not issued publicly unless the firms fail to address the problems pointed out within a reasonable time frame usually no more than a year. 2-9, Management has always been responsible for fairness, completeness, and accuracy attitudinal statements, but the Serbians-Cooley Act goes a step further by requiring the CEO and COOP to certify the accuracy of financial statements with criminal penalties as a punishment for materially misstated statements. The CEO and COOP must make public their certifications and assume responsibility for the fairness of the financial presentations. It thereby encourages organizations to improve their financial reporting functions. 2-10. Whistle blowing enables violations of a companys ethical code to be reported to appropriate levels in an organization, including the audit committee. Because of its presence, potential violators know that there is a real possibility and simple avenue by which inappropriate actions may be revealed. As such, it contains a preventive component that is indirectly helpful to the audit committee in fulfilling its corporate governance role. 2-11. There are a number of provisions that are designed to increase auditor independence. First, Rule 201 Of the Act prohibits any registered public accounting firm from providing many non-audit services to their public audit clients. Second, the audit committee became the client instead of management, and only the audit committee can hire and fire auditors. Third, audit partners are required to rotate every five years. Finally, the auditors are expected to follow fundamental principles of independence that have been enacted by the SEC (more details in Chapter 3). 2-12. Management is responsible for issued financial statements. Although other parties may he sued for what is contained in the statements, management is ultimately responsible. Ownership is important because it establishes responsibility and accountability, Management must set up and monitor financial reporting systems that help it meet its reporting obligations. It cannot delegate this responsibility to the auditors, 2-13. An audit committee is a subcommittee of the board of directors that is composed of independent, outside directors. The audit committee has oversight responsibility (on behalf of the full board of directors and its stockholders) for the outside reporting of the company (including annual financial statements); risk monitoring and control processes; and both internal and external audit functions. 2-14. An outside director is not a member of management, legal counsel, a major vendor, outside service provider, former employee, or others who may eave a personal relationship with management that might impair their objectivity or independence. The audit committee is responsible for assessing the independence of the external auditor and engage only auditors it believes are independent. Auditors are now hired and tired by audit committee members, not management. The intent is to make auditor accountability more congruent with stockholder and third-party needs. 2-15. The primary point of this question is for students to understand that the audit committees role is one of oversight rather than direct responsibility, Poor example, management is responsible for the fairness of the financial statements. Auditors are responsible for their audit and independent assessment of financial reporting. The audit committee is not designed to replace the responsibility of either of these functions. The audit committees oversight processes are to see that the management processes for financial reporting are adequate and the auditors carry out their responsibilities in an independent and competent manner. -16. The audit committee has the ability to hire and fire both the internal auditor and the external auditor _ However, in the case Of the internal audit unction, the audit committee has the ability to hire and fire the head of internal audit as well as set the audit plan and budget. The audit committee does not control regulatory auditors. But should meet with regulatory auditors to understand the scope of their work and to discuss audit findings with them. 2-17. The Serbians-Cooley Act applies only to public companies. Therefore, the Act does not require non-public companies to have audit committees. That is not to say that it does not happen or is not a good idea, however. Most stakeholders want an independent party to ensure that their interests are being considered, The CPA recommends audit committees tort smaller public companies. 2-18. The external auditor should discuss any controversial accounting choices with the audit committee and must communicate all significant adjustments made to the financial statements during the course of the audit In addition, the processes used in making judgments and estimates as well as any disagreements with management should be communicated. Other items that need to be communicated include: * All adjustments that were not made during the course Of the audit, Difficulties in conducting the audit, * The auditors assessment Of the accounting principles used and overall airiness of the financial presentation, * The clients consultation with other auditors, * Any consultation with management before accepting the audit engagement, * Significant deficiencies in internal control. 2-19. The audit committee needs to ensure that the auditor is independent with respect to the annual audit. In order to ensure that independence, the audit committee must consider all other services that might be performed by the external auditor and approve any such services, in advance. Fifth audit committee approves the services, they are in essence saying that the provision of he services will not impair the auditors independence. 2-20. Good governance is important to the external auditor for a number of reasons, including, but not limited to the following. Good governance ;k usually leads to better corporate performance, * reflects a commitment to a high level of ethics, integrity, and sets a strong tone for the organizations activities, ;k requires a commitment to financial reporting competencies and to good internal controls, * reduces the risk that the company will have materially misstated financial statements. If a client does not have good governance, there are greater risks associated tit the client. Boor example, their poor performance may lead to financial failure and lack of payment of the audit fee. Or their poor governance may lead to improprieties in financial reporting Which puts the auditor at risk in terms Of litigation (if the improprieties go undetected by the auditor). 2-21. The auditor might utilize the following procedures in determining the actual level of governance in an organization: * observe the functioning of the audit committee by participating in the meetings, noting the quality of the audit committee questions and responses, interactions with management regarding issues related to the audit, e. . Providing requested information on a timely basis, * quality of financial personnel in making judgments, * accounting choices that tend to push the limits towards aggressiveness or creating additional reported net income, the quality of internal controls within the organization. Review the minutes of the board of directors meetings to determine that they are consistent with good governance, review internal audit reports and especially determine the actions taken by management concerning the internal auditors findings and recommendations, * review the compensation plan for top management, k review management expense reimbursements to determine (a) com pleteness of documentation, (b) appropriateness of requested reimbursement, and (c) extent of such requests. ;k review managements statements to the financial press to determine if they are consistent With the companys operations. -22. Good corporate governance is correlated With increased corporate performance as measured by return on equity, or return on capital. Generally, good corporate governance reduces audit risk as it is less likely that the organization will suffer from problems of management integrity, or would have n environment that might allow or permit fraud. Less audit risk implies that the amount of work to render an opinion on the financial statements would also be less than that required for a company with poorer corporate governance. 2-23. The three categories of audit standards are general standards, fieldwork standards, and reporting standards. General standards cover the characteristics of the auditor technical training and proficiency, independence, and due professional care, Fieldwork standards provide guidance concerning planning and performing the audit. Reporting standards cover the essential elements of he auditors communication, including the opinion, the criteria against which the assertions were tested, and an explanation of the basis for the testators opinion. -24. Due professional care is the expectation that an audit will be conducted with the skill and care of a professional. The standard of due professional care plays a role in litigation against auditors. Plaintiffs will try to show that the auditor did not do what a reasonably prudent auditor would have done. To evaluate the standard, a third-party also decides whether someone with similar skills in a similar situation would have acted in the same w ay. -25. There are three important dimensions identified in Exhibit 2. : * Scope of Information on which assurance is provided, * Nature of Organizations on which assurance is provided, Company being audited. * Domicile of These three dimensions influence the identification of applicable auditing standards as follows: A U. S. Public company filing annual reports follows PEPCO standards. U. S. Non-public company issuing financial statements, follows CPA standards, A foreign company tiling financial statements in a different country follows International Standards or the standards of that country, * IS. S, companies reporting on other than financial information follows CPA Attestation or Assurance Standards, 2-26. Poor the most part, the standards issued by the SAAB are quite similar to that of the two LLC. S. Based audit standard setters. They differ in the following major ways: * The auditor must assess the appropriateness Of the accounting framework against which the audit opinion will be given (U. S. Standards require only that the auditor communicate if the accounting is not consistent With LIST. IGMP. ) SAAB utilizes a concept of Professional Skepticism rather than independence. The SAAB utilizes a concept of reasonable assurance compared with the U. S. Evidence on sufficiency of audit evidence and due professional care, *The AIMS standards include both audit standards and assurance standards. 2-27. The SAAB Audit Standards are quite consistent with that of the PEPCO as well as that of the CPA. Most of the concepts are the same, but are stated differently. They are very similar in the following ways: ;k Requirement of independence, * Gathering and evaluation of sufficient evidence, ;k Documentation of audit work, * Audit designed to minimize audit risk, ;k Due professional care vs.. Seasonable assurance, * Nature of the audit report The CPA and the SAAB have announced a plan to work towards convergence of existing and future standards. The PEPCO has not yet announced a plan for convergence. 2-28. An audit engagement applies to the development Of an opinion on an organizations financial statements. It is planned that the financial statements Will be used by t hird parties Who do not hue direct access to client data. The audit engagement is a form of positive assurance in which an opinion must be rendered. An assurance engagement differs from an audit in a number of important dimensions: It can apply to almost any assertion that management wants to make as long as there is agreed-upon criteria by which to test managements assertion. It is preferable that the criteria are generally accepted. * An assurance engagement generally requires a third party (although assurance can also be provided to the audit client), but it is an identified third-party as opposed to a potential user of financial statements, Assurance can be given on individual items of a companys financial statements, rather than the full set of statements. -29. Assurance engagements are designed to provide positive assurance, i. . The item being attested to is either properly presented, or is not properly presented. Poor example, one of the Big 4 firms provides assurance to the audience that the votes are properly maintained and counted for the Emmy Awards _ A limited assurance engagement does not contemplate a full audit or assurance engagement such that sufficient information (evidence) is gathered to warrant a positive statement about Whether the item being assured is, or is not, properly presented. Rather, based on a more limited amount of work. He auditor either states that nothing came to his or her attention based on the emitted procedures that indicates something is not fairly presented. This is often referred to as negative assurance. An even more limited assurance engagement is one in which the accountant expresses no assurance whatsoever on the item being reported. * Auditing Standards apply to the auditors task of developing and then communicating an opinion on financial statements and, where applicable, independent opinions on the quality of an organizations internal control over financial statements to the board, management, and outside third parties. Assurance Standards apply the auditors task of developing and communicating n opinion on financial information outside of the normal financial statements, or on non-financial information to management, the board, and outside third- parties. Assurance services are engagements in which a practitioner expresses a conclusion designed to enhance the degree of confidence of the intended users about the outcome of the evaluation or measurement of a subject matter against criteria. Attestation Standards is a term used by the CPA to describe assurance services that involve gathering evidence regarding specific assertions and communicating an opinion On the fairness Of the presentation to a third party. k Compilation and Review Standards refer to CPA Standards that apply only to non-public companies where the board or a user has requested some assurance on the fairness of presentation financial statements. These are referred to as negative assurance standards because the auditor does not gather enough evidence to support a statement as to whether the financial statements are fairly presented. -31. Independence means objectivity and freedom from bias. The auditor can favor neither the client nor the third party in evaluating the fairness of the financial statements The auditor must be independent in fact and in appearance. Independence in fact means the auditor is unbiased and objective. An auditor could be independent in tact it he or she owned a few shares of co mmon stock in an audit client, but might not appear independent to a third party. Independence in appearance means that a third party with knowledge of the auditors relationship with the client would consider the auditor to be independent. Professional skepticism, as used in the standards promulgated by the PASS, has a broader meaning in that it refers to all of the factors that valued affect an auditors ability to exercise proper skepticism in an audit engagement. The actors to be considered Vary from those associated With the individual, such as objectivity, to those associated with the structure of the firm. These are similar to the independence standards that emphasize both audit firm relationships to the client as well as objectivity. However, the SAAB emphasis on professional skepticism goes a bit further: an auditor could be Objective, but not necessarily exercise professional skepticism, i. E. Being open to potential explanations of events that are not consistent with the auditors prior experiences. Professional skepticism appears to be a broader term than independence.

How to Write a Financial Case Study

How to Write a Financial Case Study How to Write a Financial Case Study A financial case study is important in that it helps the finances student as well as financial practitioners in the mastery of the elements described in financial planning standards. The procedure used in writing a financial case study is one of the simplest to follow. This is primarily because it basically consists of specified figures, hence, simplicity. The initial step in the writing of a financial case study involves evaluating a client’s financial situation and identifying specific goals as well as stating the objective of the case study, which might be to avoid the mismanagement of funds for a particular individual or an organization, for example. The second step is to determine the main areas that are to be addressed in a financial plan. Later, the writing of a plan will include the methods that will be used in order to maintain cash flow while minimizing its wastage. The fourth step is the identification of any additional data that could be useful in the establishment of a financial plan. Lastly, various strategies are utilized and recommendations given in the financial plan to satisfactorily address the user’s needs. It is of crucial importance to follow the careful structure of a financial case study when composing its draft or outline. This will affect the logic and flow of narration in the paper. No matter which topic you select to explore, no structural component can be omitted. It is sometimes also important to receive feedback from your supervisor or scientific advisor on the initial stage of researching. This will help to direct your work in an appropriate manner. Additionally, be certain to proofread, edit, and double-spellcheck your composed paper before submitting it. A poorly written paper containing mistakes and other flaws will hardly earn a high grade. Finally, be aware of plagiarism! This is a very serious issue that may lead to major negative consequences affecting your academic career. Properly cite all sources used in your financial case study to ensure that you have not stolen somebodys words, ideas, or research, be it in print, online, or in some other format. Composing a financial case study is quite a complicated matter, so one can sometimes find it difficult to handle especially if one lacks time, skills, and subject knowledge. Still, this is not a reason to lose heart. You can always depend on the professional help of a custom writing company. These days, you may choose one from a wide range of online agencies and entrust your financial case study to their writers. Do not doubt that your paper will be composed and submitted to you by a given deadline and according to your specified requirements. Academic writers at can provide you with quality Finance case study help starting at $13/page. We guarantee non-plagiarized custom case studies with timely delivery.

The Idea of Youth Development in the Country Essay

The Idea of Youth Development in the Country - Essay Example According to the paper the main barriers that are playing a notable hand in terms of making any measures which are taken in order to prevent AIDS ineffective include lack of public awareness, low literacy rate, no system for sex education, and unsupportive behavior of the government and ethical disintegration of the society. The barriers are originating from one source that is lack of awareness which is fueled by low literacy rate. The people are unaware because they never received any information about the disease and therefore consider it as a myth until and unless it shows up with all of its symptoms and signs. In addition, the sex education is also not common in the country and because of this reason, the people engage in the sexual relations without succumbing to protective measures. The sexual needs are highly volatile in the uneducated people and they usually got carried away with the emotions and they often come to realize that they made a grave mistake but it is usually too late to say the least. The government’s inaction in this regard is a question mark as well. The holistic approach is required to get the demon under control. The steps needed to be taken to control the disease are difficult and time consuming. The skills needed to implement the plan include strong communication capabilities and access to mass communication infrastructure. From this paper it is clear that the disease of HIV and AIDS is spreading throughout the country of Nigeria. The key reasons of the trend include unsafe sex, bad blood transfusion and unclean surgical units and equipment. The sources of disease are present in the society because of lacking public awareness. The significant amount of reported cases is caused by careless sexual relations.

Prominent learning theories Assignment Example | Topics and Well Written Essays - 750 words

Prominent learning theories - Assignment Example Operant conditioning falls in the category of behavioral learning theories. Another theorist named Jerome Bruner came up with his own theory of learning which is recognized as discovery learning theory and this theory falls in the category of cognitive learning theory. In this theory he stated that learning takes place when an individual comes in contact with a particular stimuli, he forms a perception regarding that stimuli and then acts according to the formed perception (Leonard, 2002, p.97). The perception they develop regarding a stimuli is dependent upon the learner’s environment. A third category of learning theory is humanistic approach of learning and one of the most famous theories of this approach is Experiential Learning theory provided by Carl Rogers (Leonard, 2002, p.68). He stated that there are two kinds of learning taking place one is cognitive which is meaningless in nature and the second kind of learning is experiential which is significant. He stated that e xperiential learning is very important as it is backed by a need and whenever an individual has to satisfy a need he may resort to learning. For example: a person is motivated by the need of driving, this motivation will make him learn. Similarities and Differences The main similarity between Skinner’s and Bruner’s theory is that they propose the humans are passive learners and they will not learn until they come in contact with a stimuli (Hitchcock, 2003, p.232). Another similarity between these two theories is that an instructor is required to teach the respondents. The main similarity between Roger’s and Bruner’s theory is that individuals learn by themselves and they do not need a third person to help them learn. Another major similarity between theories provided by Roger’s and Bruner’s theory is that individuals learn first and then they use these learned behaviors. None of the three theorists have emphasized on the age of the learners in their theory, thus they accept that learning can take place at any age. There are several differences between these theories, in case of Skinner’s theory an instructor has to provide an environment for learning and children learn through their experience with rewards and reinforcements while in Bruner’s case the instructor is merely a facilitator who provides the subjects with the opportunities to learn on their own. Skinner’s theories have been tested on animals, while Bruner’s theory has been tested on human beings, thus Bruner’s theory is more applicable to humans. The theory provided by Roger is quite different from the theories of Skinner and Bruner in the sense that Roger believes that learning can not take place without a need, while the other two assert that students are pushed to learn. Application in Nursing All three theories are quite applicable in various scenarios where learning takes place as well in various fields. Nursing staff and officers can even use these theories to manage their day to day activities. Example for Operant Conditioning: A patient insists on not taking medicine and continues to watch television; the nurse turns the television off. The patient gets irritated and wants the television to be turned on; the nurse tells her that if she takes the medicine the television will be turned on, so she quickly takes the medicine. Now whenever the patient insists on not taking her medicine, the nurse staff switches off the television box (Berman, 2008, p.490). Example for Roger’

Post war Greece Essay Example for Free

Post war Greece Essay Benito Mussolini had expansionists policies in his Fascist regime in Italy. By the mid of 1940, Mussolini had started admiring Adolf Hitlers conquests and wanted to prove his counterpart, Hitler who was an Axis partner, that he too could lead Italy to success in war. Italy took control over Albania in 1939. Italians invaded Greece after the Greek dictator whose name was I. Metaxas refused to honor Italian ultimatum demanding the occupation of Greek territory. The Greek counter attacked and forced the Italians out and even took control of Albania formerly under Italy. In April 1941, Germany started attacking Greece and the Italian army also resumed their attack to Greece. As a result, the Greece army started retreating back from Albania to avoid a possible cut off by the rapidly advancing Germany troops. On April 20th, the Greek army based at Epirus surrendered to their enemies,the Germans and on the 23rd the same month, the same was repeated now to include the Italians and thus bringing the war between Greece and Italy to an end. The Greek victory over the Italian offensive on October 1940 was the first victory of the second world war and this boosted the morale in the occupied Europe Italian soldiers came across the Greek border in the 28th day of October 1940 but Greek defenders who were more determined drove these invaders back in to Albania (McNail, 167). As the death of Metaxas came in January 1941, he had already undergone a transformation from unpopular dictator who was not admirable by the people in to a national leader liked by the people, by his defiance of Mussolini and to the people his death was a great loss. Hitler was forced to reluctantly divert the troops from Germany to go and rescue Mussolini from being defeated and as a result ended up attacking Greece through Bulgaria and Yugoslavia. In response, the Greek sought for assistance from the British, and assistance was given readily although Greeks kept insisting stubbornly to defend Macedonia and Thrace from attacks by the Germany invaders while the Greeces only hope was to strategically withdraw to a defensive line on a river south of Thessaloniki. Towards the end of May, the German troops had taken control over much of the land in Greece. Both the king and the government escaped to Crete and stayed here until the battle of Crete finally came to an end. From here, they transferred to Egypt where they established a government in exile while an establishment of a Nazi held puppet regime took place in Athens, Greece. Members of this regime were either conservatives or belonging to the nationalists but with fascist leanings. The three people who collaborated with the enemy were T. Georgis, K. Logothetopoulos and R. Ioannis. T. Georgis was the general who signed the armistice earlier with Wehrmacht, while Logothetopoulos had become naughty for having aimed to recruit juvenile volunteers to help in restrengthening the Germany army. On the other hand, R. Ioannis had a very notable achievement in that he saw to the creation of the security battalions for the collaborationists to protect those who supported the enemies. Greece greatly suffered very terrible privations during the second world war when the Germans took control of most of the Greeces agricultural production and also prevented the fishing fleets of Greece from operating. Following the Axis force occupation on the Greek land, a great famine struck in the year 1941 and 1942 because of the blockade by the British naval and also due to the fact that Germany soldiers had seized the crops. Due to hunger and other associated effects of famine, several thousands of Greeks died. AS a result, several resistance movements came up in the hilly and mountain regions and soon the Germans and those who supported them remained in control of only the major highways and the connected towns. The largest of the up coming group was the National Popular Liberation Army (the ELAS) which was under the control of the communists and a civil war soon broke out between the National popular liberation army and the non- communists uprising groups such as the national republican Greek league (the EDES) in the areas which had been liberated from the German troops. The royalist government set up in exile in Cairo was only intermittently keeping in touch with the resistant movement and this government in Cairo failed to appreciate how the monarchy set up in Greece had lost its popularity. The resistance of the Greeks people against invasion by the Italians had a great influence to the course the second world war took. Adolf Hitler would say that if Italy had not attacked Greece and needed Germany assistance, the world war would have taken a quite different course. What would be anticipated was the cold war in Russia by weeks, Moscow and Reningrad conquered and Stalingrad would not have existed. The need to occupy Greece, suppress partisans and defend Greece from Allied actions led Germany and Italy to drop much of their differences during the second world war. The Greek resistance ultimately necessitated collaboration between Germany and Italy. Due to political considerations, British forces were send to Greece from Middle East, and this was considered to be a major strategic mistake because that was a critical stage to divert military forces from Middle East. The British forces could not stop Germany invasion in Greece. Political disorder and the 1946-49 war in Greece In October 1944, German forces withdrew from Greece and the Greece government in exile came back to Athens. Then the ELAS guerrilla soldiers took control over most of the land in Greece with its leaders having an ultimate aim to control the whole country despite Stallins agreement that Greece would remain within the region of influence by the British after the war. Demonstrators from the Communist Athens ended in violence in early December 1944, and then followed a door to door battle with the British forces and the monarchist armies. Before a month had ended, the communists had been defeated and an unstable government of coalition was established. Continued tensions within this government led to a civil war in the year 1946. Greece was backed by Britain and later by the United States in terms of military support and economic aid. Between 1947 and 1948, the communist forces had conquered much of the Greece mainland and were able to move freely within the land. With the extensive material support from America and the reorganization, the Greek navy steadily took control over much of the mainland. Yugoslavia had to close her borders from the insurgent military in 1949 after it broke relationship with the Soviet Union. In 1949, a final offensive was launched by Marshal P. Alexander that forced the insurgents who were left back to flee across the border to the north in to the territories of the Greece neighbors or else they surrender. The civil war left about one hundred people killed and also resulted to major damages to the economy. More than twenty five thousand Greeks and many Macedonian Slavs were evacuated to the eastern bloc countries either by force or voluntarily while over seven hundred thousand people became internally displaced people in Greece and many more emigrated to, among other countries, Australia. This settlement after the war greatly expanded the Greece territory which had already started earlier in 1832. In 1947, a treaty in Paris was signed and it required Italy to surrender the Dodecanese islands to the Greece. These islands had the majority of inhabitants speaking Greece and were part of the last areas to be incorporated to the Greek state, except Cyprus which remained under possession of Britain until its independence later in 1960. Greeks ethnicity became more homogeneous after the war when more than twenty five thousand Albanians were expelled from Epirus. The remaining minorities of no significance were the Muslims in West Thrace and few Slavic speaking in the north. Greeks continued to claim more of the southern Albania where significant Greek population lived. Economic miracle for Greece: 1955-79) The Greek economic miracle implies the factual and impressive rate of social and economic development that occurred in Greece from the early of 1950s to the middle of the 1970s. The average rate of economic growth recorded between the year 1950 to 1973 was about seven percent which was the worlds second best after that of Japan in those times. The 1950s growth rate was the highest sometimes going above ten percent, almost nearing those of a modern tiger economy. This continued up to 1960s. The Greek people did not view it as a miracle because since the period after the war until the middle of the 1970s, it was a time of deep political divisions that resulted to military dictatorship between 1957 to 1964 and the Greeks did not see any positive economic change for this period of twenty years. Further more, growth initially only widened the economic gap between the few rich and the majority poor and this could only intensify political divisions. Between 1941 and 1944, the Axis occupation and the fighting with resistance groups had unexpected effects on the infrastructure and also on the Greeces economy. Given also that after the end of the first world war, Greece went in to civil war, its economy had drastically fallen by 1950. The Greece per capita income as a measure of its purchasing power fell, just like that of France, from 62 percent to about 40 percent in the year 1949 (Cranidlis, 97). Greece experienced a rapid recovery of its poor economic condition. This was as a result of a number of factors among them the stimulation from the Marshall plan, a fast devaluation of the Drachma, more foreign investments, significant industrial development especially the development of the chemical industry, development of the public services sector and development of tourism industry and a widespread construction activities coming as a result of enormous infrastructural project building and rebuilding in the Greek towns and cities. The construction activities are connected with the fast economic growth on the society and the development of its towns. This led to renewal of the urban through replacing the pleasant urban, consisting mainly of low rising houses and peoples homes, with a continuous set of concrete and block storey and skyscrapers in most key cities and towns. After 1950, economic growth consistently was better than that of many European countries in terms of annual growth. The only time there was economic stagnation was in the 1980s but it was counterbalanced when the Greek black economy evolved at the same time. The good economic performance made Greece advance its economy to enjoy a per capita income almost the same as that of other European Union partners like France and German (Krofas, 123). After end of the civil war, Greece sought to join hands with the western democracies by becoming a member of NATO in the year 1952. From this time to the late 1963, Greece was under conservative parties. In1964, the party called the Center Union led by George Papandreau was elected and remained in rule until July of 1965 before he was dismissed by king Constantine II, thereby resulting to a constitutional crisis. The fall of this government led to a series of coalition governments between the conservatives and rebel liberals. On April 1967, a group of colonels from the right wing seized power in a coup. They suppressed civil liberties , established special military courts and dissolved political parties. Thousands of political party opponents and those suspected to be communists were imprisoned or taken to exile to very remote Greek islands. United States was alleged to have supported junta and this caused the rise of anti- Americanism in the Greece during and immediately after the junta rule. However, the united states had already earned the animosity of communists in Greece long before. In 1974, a referendum resulted in abolishment of a monarchy and a new constitution was made and passed by the parliament on the 19th of June 1975. President T. Constantine was elected by parliament to head the republic. In the 1977 elections to the parliament, the New democracy party won for a second time with a majority seats. In 1980, Karamanlis who was the prime minister was elected to succeed T. Constantine as the president with George Rallis being elected as the prime minister to succeed Tsatsos. Greece joined the European Community, now called the European Union on 1st January 1981. It also elected the countrys first socialist government. In 1989, there were two rounds of parliamentary elections which both produced coalition governments that were weak and had limited mandates. Party leaders held back their support for those governments and elections were once again held in April. The new democracy party led by Constantine Mitsotakis won. In 1992, Samaras formed his own party after being fired from the position of a cabinet minister for Foreign affairs. He called the party the Political Spring. As a result of this division, the New democracy government collapsed and when new elections were held in September 1993, Papandreou returned to power. Papandreou resigned on January 17th of 1996 due to a protracted illness. He was then replaced as the countrys prime minster by the former minister of trade and industry by the name, Costas Simitis who consecutively won the elections in 1996 and also in 2000 before retiring in 2004. His successor was George Papandreou as PASOK leader. In March 2004, elections were held and New Democracy under the leadership of Costas Karamanlis who was a nephew to the former president saw the victory over the PASOK. Instead of waiting for normal elections that should have been held in March the year 2008, the government called for elections in September 2007 and the New Democracy once again won the majority vote in the parliament. Due to this repeated defeat, the PASOK underwent a party election in search of a new leader that saw Mr. Georgis Papandreau re-election as the party leader of the Socialist Party in Greece. Review of Economic Literature It is important to review the economic thoughts from both the Greek and the American writers and compare them in the perspective of the economic reconstruction of Greece. A good approach would be first reviewing the economic thought in the 1930s and 1940s and then that of the American technical experts who were either in Greece based American embassy or in the AMAG. (Lincoln, 64). Reviewing the plans by Batsis, Valvaresos and Zolotas is also of importance to acquire a clear thought about the economic miracle and general development for the Greece from very poor to one of the worlds best economies. A scrutiny of what the exact agenda of the AMAG and other aids to develop the Greece economy was, is of importance in shining light in to this issue. Establishing whether there was any difference between the American economic experts working with the AMAG and Americans working in the American embassy to Greece in Athens in terms of priorities and the paths to reconstruction is felt to be essential. This way, most questions of much concern to economic historians will be answered well and also valuable material towards making reconstructions in the history of economics will be unearthed, especially for the post second world war period in Greece The depression of economy in the whole world led the default in Greece in the year 1932and afterwards to the introduction of a quite successful system. The gross domestic product was 510 million dollars in the year 1931, then dropped to 330 million dollars in the year 1932, remained at the same stable low level in 1934 at 340 million dollars and drastically rose in the subsequent years of 1934 at 490 million dollars, 1935 at 510 million dollars and 1936 at 550 million dollars. Despite the economic success, the poor remained miserable due to the falling prices and the problem of the merchant class which was used to free trade and had problem with coping in the new trade conditions of exchange controls. Most Greek economists concentrated on writing and analyzing the economic success of their country and did very little on questioning the actual role of the American Mission Aid for Greece that it played in uplifting the economic situation of Greece. The economists made numerous economic publications such as books, journals, treatises, periodicals among others. The interventionists were most influential and they had studies in Germany in 1920s to 1930s. These economists espoused a development theory stage to which the Greek government ought to take to speed up the rate of economic development. It was based on the fact that the economy of Greece could not rely on private initiative alone. Most of them remained hostile to abstract thinking and viewed the dirigiste policies world over as evidence of the validity of their thesis. The liberals viewed the historical present hitherto as a parenthesis and had a believe that the whole world including Greece economy ought to have an international economic corporation. The liberals also supported that it was necessary for the state to intervene and as a result they came up with a frame upon which the Greece government should act upon in a liberal economy. The Marxists viewed the crash of 1929 as evidence for capitalism break down. Particularly in Greece, the imperialism of the great powers and the kings rule were to be overthrown by mass action for socialism to be established.

how to crack a game Essay -- essays research papers

Introducing So you want to be a cracker huh?Aha.I know what do you think.You think i download any shit crack help documents from the internet read them and can start to crack huh?Then i`ll call me CdKiller and be famous as every other cracker in the net huh?NO!ALL WHAT YOU HAVE THINK ABOUT CRACKING IS FALSE!FORGET IT NOW!CLEAR YOUR BRAIN AND I`LL TEACH YOU HOW TO CRACK! After you finished reading this text you`ll know how to crack Cd protection and how to disable movie/sound/music calls in the game exe. WHAT WE NEED TO CRACK Ok before we can start or let us better say before YOU can start to crack you need an disassembler! I use Win32Dasm and i think its the best prog for crack beginner. Then you need Hiew to manipulate the exe you want to crack because with Win32Dasm you can only take a look into the exe but you can`t manipulate anything. Win32Dasm Hiew This two things you must called your own to be able to crack progs. Ok we should think that you have already the two progs and we can start to crack. LET`S CRACK! Crack with Win32Dasm Ok in this lesson i`ll show you how to work with Win32Dasm and Hiew. Today we wanna crack an game which is very easy to crack.We crack Need for Speed 2. Ok.We start our Win32Dasm.exe.We can see the main page with an toolbar.We click on Disassembler.An menu pops up and we can see some options.We click on Open file to Disassemble.Another pop up menu show us our HD and we click on the exe we want to disassemble(here is it the nfsw.exe).The disassemble process have start the disassembling may take few minutes (be sure that you have over 80MB free space on your HD if not it may be that the exe cannot be fully disassemble).Ok the exe was disassembled.Huh whats that? All what you can see is a text written with WingDings font!NO PROBLEMO AMIGO! Click on Disassembler and then in the pop up options screen on Font and then on select Font.You can select an Font type (i think the best Font to work with it is Arial).Click on ok. We can now read the text.Ok.But what the hell all the scurvy things mean? Object01: Begtext RVA: 00001000 Offset: 00000400 Size: 000AEA00 Flags 60000020 What does it mean?We dont know that.But no matter!We dont need to know that.What we have to do now is to start the game (here Need for Speed 2) without CD.It doesn`t works huh?SHIT!But what does the error message say? Abort message: To play Need for Speed 2 yo... ...ook which kind of error message the game show - With the message to Win32Dasm and to the String of Data Items pop up menu - There you have to search where you can find the same error message and double click on it - Write down the number after @Offset without the h (below the main screen) for every call and jump command (you recognize it if the bar change his color to green) - Then with the @Offset number to Hiew and noop the address THAT WAS ALL I hope you understand my text and are now able to crack gamez and other things! I know that it is not easy to understand (my gramatic is bader then of an turkish imigrate in russland) but if you try it often enough you`ll check it and crack it!I am sure you do! This is the first text i write about cracking in my life and i am sure it will be not the last! OUTRO The text was written by The PuppetMaster2501.I am proud member of one of the newest crack groups called D.O.C. - Defenders of Cracking.If you have some experience in cracking hacking or can program some graphic tools in Turbo Pascal or C++ and wanna be an Defender too and an member of D.O.C. then send me an e-mail and i will contact you. Lucien91@hotmail.com ROCK DA PLANET BABY

Gender Schema Theory Essay

Martin and Halverson suggested an alternative to the cognitive-developmental approach proposed by Kohlberg and called it the gender schema theory. In Kohlberg’s theory, children must reach gender consistency before they are able to begin imitating the behaviour of same sex role models. In gender schema theory the early gender identity acquired at about the age of three is the starting point to which children will then begin to look for schemas, schemas are packages of organised clutters of information about gender-appropriate behaviour and children learn these schemas by interacting with people, such as learning which toys to play with, which clothes to wear etc. and these help children to make sense of the world around them and help children to organise their experiences and process new information and also to help self-evaluate themselves, this is to help them feel good about themselves. Support for the gender schema theory was conducted by Martin et al 1995 who showed toys to children aged four to five. Children were informed, before choosing a toy to play with that it was either a girls toy or a boys toy, they were then asked whether they and other boys or girls would like to play with the toys. They found that if a toy, such as a magnet, was given the label of being a boys toy then only boys would play with it. However if boys were told that it was a girl toy then they didn’t want to play with it. Similarly girls would not play with toys labelled for boys. The label given at the start consistently affected the children’s toy preference. It is an important finding in that it highlights the labelling and the categorisation of objects that children are subjected to from a young age, and how their toys can be labelled in the same way as appropriate gender behaviour. A limitation of this research is that an observation of the children and although it has high ecological validity as it is in a real life setting, the children may have shown demand characteristics as the toys were stereotyped for their gender it is questionable if they had guessed the aim of the research and the results may have been due to the children trying to please the researcher as they may have thought they would get punished for choosing the wrong gendered toy to play with and how much of the children’s choice was due to free-will. It was also done in a controlled environment which means that the findings cannot be generalised outside of the research setting. Bauer 1993 wanted to investigate this further and set out to study the way in which children call upon gender schemas when processing information. Pre-school-age and older children have been found to process gender consistent and gender inconsistent information differently so Bauer wanted to see if this was the case in very young children as well. Bauer devised a way to test girls and boys as young as twenty-five months of age. Children observed the experimenter carry out short sequences of stereotypically female, male or gender neutral activities, for example, changing a nappy, shaving a teddy bear or going on a treasure hunt. She tested children by ‘elicited imitation’ both immediately after and 24 hours later to see if they would copy what they had seen. Bauer found that girls showed equivalent quality of recall for all three types of sequence, boys on the other hand showed superior recall of male stereotyped activities, meaning they would not imitate any female behaviour and their recall for gender neutral activities was the same as for male stereotyped activities. These results indicate that boys more than girls tend to make use of gender schemas by the age of twenty-five months and boys appear to remember more accurately event sequences consistent with their own gender, whereas girls show no difference in recall of gender consistent and gender inconsistent information. A limitation of this research is that it could be due to boys being more likely to be penalised by their parents, especially their fathers for carrying out female stereotyped activities, so the children may have played with the male stereotyped toys even if they wanted to play with the other female stereotyped toys. The findings may also be down to that Bauer, who modelled the sequences, is female and the boys may have felt uncomfortable in copying her behaviour. Gender schema theory is parsimonious as it tries to explain gender through cognitive development and does not take into consideration biological gender differences, such as chromosomes, genes or hormones. It is also alpha-bias as it exaggerates the differences between men and women.