Difference Between Audit & Investigation Essay Example for Free

Difference Between Audit Investigation Essay Investigation is the act of detail examination of activities so as to achieve certain objectives. Specially, investigation is made in suspected places. It finds out the nature and reasons of suspected areas but auditing is the act of examining books of accounts so as to prove true and fairness of operating results and financial position of a business. Following differences can be seen between auditing and investigation: 1. Purpose An audit is carried out for the purpose of ascertaining whether or not the balance sheet and profit and loss account show true and fair view of the state of companys affairs and its profit or loss. But an investigation aims at establishing a fact or is carried out for some particular purpose i.e. to know the financial position of the concern or the earning capacity of the concern etc. 2. On Behalf An audit is carried out on behalf of the proprietor of the business, while an investigation may be conducted on behalf proprietors when they suspect any fraud in their business or on behalf of outside parties who wish to lend money or intend to purchase business or at the instance of the government on the request of the shareholders. 3. Scope An audit includes only an examination of the accounts of a business whereas an investigation covers not only an examination of the accounts but also an inquiry into other relevant matters connected with the purpose for which it is undertaken. 4. Use Of Techniques An audit is usually a test checking but an investigation is a much more thorough examination of the books of accounts. It goes into the depth of the problem and keeps on looking for far more definite evidence to arrive at a conclusion that it can firmly substantiate. Further, investigation may be conducted even after the audit of the accounts. 5. Period An audit is related to only a year or six months while investigation may cover several years. 6. Statutory Obligation In the case of joint stock companies, audit is compulsory under law while there is no such statutory obligation with regard to investigation. 7. Examination Use Of Policies In audit, an auditor has to see whether the methods of valuation and other accounting policies have been consistently followed or not and he has to ensure that all disclosures have been properly made in the financial statements, while an investigation is not at all bound by accounting conventions, policies and disclosure requirements.

Design, Ecology, and Ethics Essay -- Environment Ecology Essays Papers

Design, Ecology, and Ethics â€Å"We need to design institutions (and cars and homes and toothbrushes, etc.) that make it easy for people to be good.† (Jim Farrell) Right now, if someone in America wants to be good to the earth and good to future generations, it’s hard. It’s expensive to purchase local, organic food. In the suburbs, to get to work and practice and the store and back home again on a schedule without a car is tricky if not impossible. To think about how and where and by whom nearly 100% of products in Target are made is to most certainly become ashamed. It’s disheartening to watch tax dollars go to funding war in far away lands and, as McDonough says, on future generations. And why is it that the majority of restaurants we have to choose from degrade the environment and our bodies? This is all because of poor design. American environmentalists, people who act in ways small and large to reduce their ecological footprint, are in the minority because we are constantly trying to wade upstream against the swift current of institutions shaped by cheap and dirty energy... Design, Ecology, and Ethics Essay -- Environment Ecology Essays Papers Design, Ecology, and Ethics â€Å"We need to design institutions (and cars and homes and toothbrushes, etc.) that make it easy for people to be good.† (Jim Farrell) Right now, if someone in America wants to be good to the earth and good to future generations, it’s hard. It’s expensive to purchase local, organic food. In the suburbs, to get to work and practice and the store and back home again on a schedule without a car is tricky if not impossible. To think about how and where and by whom nearly 100% of products in Target are made is to most certainly become ashamed. It’s disheartening to watch tax dollars go to funding war in far away lands and, as McDonough says, on future generations. And why is it that the majority of restaurants we have to choose from degrade the environment and our bodies? This is all because of poor design. American environmentalists, people who act in ways small and large to reduce their ecological footprint, are in the minority because we are constantly trying to wade upstream against the swift current of institutions shaped by cheap and dirty energy...

English Creative Choice Antigone Assignment Essay

Law. What is it but a set of rules created by man? It is nothing. Insignificant to life. Amoebas do not have laws. Neither do Animals. Yet, we live by them every day, throughout anything we do. You don’t drive to work on the left side of the road; neither do you steal food from your neighbors in retaliation for their horribly kept lawns. No matter for ridiculous, unnecessary, or primitive these laws; they are there for a reason. Yet, despite all that, Antigone thinks she is above all laws, and that she can prance around the city as she wishes, acting on any whim she desires. This, my friends, is most certainly not the case. Nobody is above these laws, not even the king himself. She went knowingly and willingly against the law, burying a traitor to our fair city, as if he was an ally. Ladies and gentlemen of the jury, whose side will you take? That of an honorable king? Or that of filthy lawbreaker? I urge you to make the correct decision today. Antigone’s Lawyer Today is the day that you can make the decision to let an innocent woman live. My client is not a criminal in any sense. She is of royal decent, and decent in every way possible. Her brothers killed each other, in a ruthless battle for power, and one was left to rot. Against the will of the gods, not allowing him to pass into the afterlife. This is not the way to treat even the most cruel individual, and certain not the way to treat royal blood. However, our â€Å"great, powerful ruler†, Creon thinks he is above the gods. No matter how unjust, Creon will not change his will, not even in the case of his royal own family. My client did the right thing, what any decent person would do to send their loved ones into the afterlife, even when a childish law forbids you from doing so. Do you think that eternal limbo is the correct punishment for a man who was trying to fight for his right to share the throne? Neither did Antigone. I beg you to choose wisely, as the wrong decision will send an innocent woman to death. Rationale Using the format of a closing statement, I created arguments from the side of both Antigone and Creon. On Creon’s side, I argued about the importance of laws. I said how people normally follow laws, even if they are ridiculous. I then went to mock Antigone, and how she â€Å"thought she was above the law†. How she thought that she could do whatever she wanted, and laws had no significance. I also accused her of being a â€Å"filthy lawbreaker†. Basically, I tried to persuade the jury that Antigone had not cared for laws, breaking them at her own will. On the other hand, on Antigone’s side, I argued that Antigone was not at all a criminal, just a caring sister. I went to show how Polyneices was just fighting for what was rightfully his, and this did not make him a traitor. I also argued how Creon thinks he is more important that the holy laws.

Applying Standardized Terminologies Caring For The...

Applying Standardized Terminologies: Caring for the Breast Cancer Patient Throughout this paper the identification and application of standardized terminologies such as: The North American Nursing Diagnosis Association (NANDA) to identify the applicable diagnosis; Nursing Interventions Classification (NIC) to construct a care-plan with diagnosis specific interventions; and the Nursing Outcomes Classification (NOC) to evaluate the outcomes. This will be applied to a clinical patient scenario of newly diagnosed breast cancer; and present the conjunction of how standardized terminologies support the recognition of pertinent patient data becoming the information applied to care; erected from scientific, research and practice based knowledge†¦show more content†¦After a full examination, recommendation and completion of a mammogram; a small mass was identified in the right breast. A tissue sample was extracted and sent for identification; resulting in a positive identification of a malignant tumor (i.e. breast cancer). NANDA: Distinguishing the Diagnosis Women may experience a range of emotions with the diagnosis as well as throughout the treatment as a result of breast cancer, such as: sadness, anger, fear and guilt. Therefore, it is essential to closely monitor the client for their psychosocial adjustment to the diagnosis and treatment, and identifying those that need further psychological interventions (Boehmke Dickerson, 2006). This includes being aware of the impact the diagnosis will have on the family members and loved ones; as their support is warranted as possible caregivers during the process. Appropriate nursing diagnoses for a woman with a new verdict of breast cancer may include (but not limited to): disturbed body image related to loss of hair due to chemotherapy; fear related to the diagnosis and prognosis of the disease; and knowledge deficit of cancer treatment options and reconstructive surgery. Other diagnosis will be added and removed as the patient decides if she wants treatme nt; and the psychological, psychosocial, and physical changes that may affect her quality of life. For instance, after a mastectomy the patient may have a nursing diagnosis of: risk for disturbed body