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Tuesday, August 25, 2020
Research & Analysis Study of Balfour Beatty plc Business and Essay
Examination and Analysis Study of Balfour Beatty plc Business and Competitive Environment - Essay Example The organization gained great ground in the structure area in 2006. Heery, a main structural, building and program the executives business, speaks to Balfour Beatty's business advantages in USA. Balfour Beatty's Civil and Specialist Engineering and Services division, with incomes of 1,920m and 10,455 workers, has practical experience in building, structure and the board administrations supplier in common, transport, vitality and water segments in UK, USA, Hong Kong and Middle East. It has a main market nearness in particular building administrations like overhead transmission lines, gas and water utility contracting and in street the board and upkeep bringing about benefit from activities significantly increased to 49m in 2005. The organization with solid requests and various enormous agreements added to their repertoire picked up development force in 2006 in the designing segment. Balfour Beatty's Rail Engineering and Services division, with incomes of 766m and 5,922 workers, has practical experience in structuring, developing, preparing, keeping up and restoration of rail resources and frameworks in UK, USA, Germany, Italy and Portugal. The benefit from tasks in these administrations fell by 27% to 32m in 2005. This was a consequence of entire year without support and more tight market in UK and a few misfortunes in the US. 2006 saw some improvement because of increment in effectiveness and improving undertaking volume in London Underground, Germany and Italy. Balfour Beatty Rail Inc has been rebuilt into a solitary association, headquartered in Jacksonville, Florida, USA. The association has indicated significant development lately with key acquisitions in the US and Germany. Balfour Beatty's Investments and Developments division, with incomes of 465m and just 136 workers advances, oversees and puts resources into secretly financed framework ventures and improvements in chose areas in the UK and abroad, through its working organization Balfour Beatty Capital, built up in 1997. Balfour Beatty's is as of now leading PPP/PFI extends in two head divisions, for example, foundation (involving transportation, force and waste water treatment) and settlement (counting wellbeing and training). It indicated 20m benefit from activities in 2005. Balfour Beatty's Other Service Segments Balfour Beatty holds 20% offer in the Metronet consortium, a 30-year PPP venture answerable for updating and keeping up 66% of London Underground's framework like trains, stations, flagging, track, passages and extensions. Balfour Beatty additionally has four DBFO (structure construct fund work) street concessions. Balfour Beatty is supplier of a scope of Healthcare administrations to significant UK emergency clinic conspires in London, Edinburgh, Durham and Blackburn giving an aggregate of more than 2,500 beds. Through Consort Healthcare, Balfour Beatty is additionally designated favored bidder for 521m PPP contracts in Birmingham Acute and Adult Psychiatric Hospitals and 250m Pinderfields and Pontefract medical clinics. Balfour Beatty works the biggest assembled schools conspire in England considered the Transform Schools' Stoke concession covering 98 schools since 2000. The Rotherham Schools began in 2003, was granted Best Community Use Project in 2005 in the PPP/PFI Journal Awards. The Transform conspire fabricated and looked after 21
Saturday, August 22, 2020
Service learning assignment Example | Topics and Well Written Essays - 500 words
Administration learning - Assignment Example Furthermore, administration learning empowers the students to become dynamic residents who make a huge commitment to the prosperity of the general public through the administrations that they offer. As indicated by Furco and Billig (2002), administration learning is pertinent in various set ups of realizing which incorporate religious and network based associations, colleges, and different kinds of learning establishments. The members, in the administration learning project can be individuals from a whole school, class or just a couple of chosen understudies. Furco and Billig (2002) gave out a basic case of administration learning whereby gatherings of understudies attempt tasks to gather refuse inside the neighboring town place, and a short time later they set up a report archiving on the wellsprings of the garbage and the measures that can be executed to control this issue. Through the division of Community Engagement, the Virginia Commonwealth University has set-up a well-intricate assistance learning program that is dynamic and draws in more than 3,000 understudies on a yearly premise. The individuals who are engaged with the administration learning ventures are understudies at the college just as certain individuals from the school personnel. The clients of the tasks attempted by the understudy of the college are neighborhood networks in the U.S just as different pieces of the world. The Virgina Commonwealth University-administration learning program is differentiated in various regions, for example, wellbeing, training, natural preservation, advancement of harmony and prosperity of the general public, and network refinement programs, among others. Along these lines, the neighborhood network where the college understudies will choose to lead their administration learning will profit contingent upon the venture they will embrace, for instance, the network could profit by a cleaner situation, development of an amusement site, or instruction on social issues. Crane et al. (2013) expressed that other than profiting by
Tuesday, August 11, 2020
CPW 2008 The Hack Edition
CPW 2008 The Hack Edition Hackers dont waste any time hacking CPW this year. Its the first day and already some strange things are appearing around campus. Have you ever been walking down the hall and caught a whiff of rotting flesh? Maybe heard the sounds of a shuffling creature behind you, limping and dragging his right foot? Have you ever been standing quietly, uneasy, and heard a barely audible groan from right over your left shoulder? Students at MIT realize that a zombie invasion is a serious threat, one that shouldnt be taken lightly. MIT, although likely concerned about our safety, doesnt see the zombies as a threat, forcing hackers to help protect the students. While traveling down the hall in building 16 you will see something that looks like this. Upon closer inspection Finally, we can rest easy, knowing that if ever we are threatened by the undead, we have a convenient and easily accessible form of defense. Some are oblivious to the threat and are confused by the need for a chainsaw in a box. They will be the first to go come the zompocalypse. Seeing this got me thinking . . . why would there be a chainsaw in building 16? Sure, its heavily trafficked, but wouldnt it make more sense to have the chainsaw in building 46, the Brain and Cognitive sciences building? I headed over there. Sure enough, sitting in the lobby . . . Students of MIT and CPW prefrosh, I am happy to announce that, in case of zombie invasion, we will have a chance at survival. If we are forced to take action, grab the nearest chainsaw and head for the small dome, well fend them off and wait for rescue. Are you with me???
Saturday, May 23, 2020
Enrique Mentado Sosa s Candidacy For An Ra Position For...
With enthusiasm I write on behalf of Enrique Mentado-Sosaââ¬â¢s candidacy for an RA position for 2017-2018. Insightful, rigorous, deep, self-motivated, resourceful, team focused, and sensitive to the needs of others are images which come to mind when I think of Enrique. I also think of the phrase, still waters run deep. Never the first to speak nor seeking a spotlight, some might overlook and underestimate Enrique; that would be a mistake! I have known him going on two years as a student in my honors seminar, Personal Leadership Development: Lessons from South Africa and as a loyal and engaged member of the Honors Student Association which I advise. I see Enrique well suited for this position due to the experience he obtained volunteering with many diverse individuals in the past, as well as through his current position as a chemistry tutor through the LARC. From volunteering and working with individuals of different backgrounds, his ââ¬Å"people skillsâ⬠and his ability to work in a group have vastly improved, enabling him to make a strong contribution to the ââ¬Å"teamâ⬠of RAs to which he is assigned. A sophomore Cell and Molecular Biology major, Enrique holds a 3.75 (summa cum laude) grade point average entitling him being named to the Deanââ¬â¢s Lists of both the College of Arts Sciences (minimum 3.6) and the Honors College (minimum 3.75). As further testament to his scholastic potential, Enrique received a Board of Governorââ¬â¢s Scholarship, and an Office of Multicultural Affairs
Tuesday, May 12, 2020
What Strategy Is More Effective When Teaching Speech
What strategy is more effective when teaching speech? Bay Path University SPE 609 Supervision II October 14, 2015 Suhail Aponte Generalization is the inclination for the conditioned stimulus to induce a similar response after the response has been conditioned. According to Stokes Baer (1977), generalization is a natural outcome of behavior change. Stimulus generalization can happen with classical and operant conditioning. Generalization is an essential concern in Applied Behavior Analysis. One must understand that generalization does not automatically occur. Stokes Baer (1977), listed nine generalization techniques (1) train and hope, (2) Sequential modification, (3) introduce to natural maintaining contingencies, (4) train sufficient exemplars, (5) training loosely, (6) use indiscriminate contingencies, (7) program common stimuli, (8) mediate generalization and (9) train to generalize. Behavior Analyst hopes that generalization occurs with their clients, which is possible if you apply one of the strategies that Stokes Baer suggest. Therefore, which strategy is most effective when generalizing speech? Ward Ward Stare (1990), conducted a study on four girls and 8 boys who were randomly selected. Each participant participated in one group that worked on academics, craft and or free play for one hour each day. A token reinforcement was put into place, which consisted of receiving a puppy stamps that could be exchanged for a box of crayons. TheShow MoreRelatedLev Vygotsky Essay1668 Words à |à 7 Pagespresent. There are many theorists that have affected the teaching styles of today and a theorist that has had a major impact is Lev Vygotsky. Vygotskyââ¬â¢s work interests me much because his concepts and ideas encompass many of the ways in which teachers teach in todayââ¬â¢s classrooms. The ideas he presented have contoured the strategies of teachers. It is interesting to look into the reasons why teachers have adopted some of the strategies they use and many of those reasons are formed from the originalRead MorePragmatics Of Individuals With Autism Essay1245 Words à |à 5 Pages Dana, Buono, Mongelli, Trubia, 2003). When recording the data of the implemented plan takes more time and conscientious effort than the implementation of the plan itself, it is not effective. The focus should be unwaveringly on the execution of the behavior plan itself. If I am working as a speech language pathologist in a school setting I get to see my clients for an hour a week at best, most of the time it is only 30 minutes. I cannot be wasting what little time I have with my clients on dataRead MoreInstructional Methodology : Picture Exchange Communication System Essay1710 Words à |à 7 PagesInstructional Methodology Picture Exchange Communication System is one of the most effective strategies to improve communication skills in children with ASD. It involves skills and activities that lead to independence and that involve powerful motivation that drives learning. The skills learned are immediately useful and will continue to be useful in many different settings. PECS is an approach that teaches early communication skills using pictures. The child hands a picture to the adult and handsRead MoreTeaching Students With Communication Disorders752 Words à |à 4 PagesCommunication is an important aspect of life and experiences. When it comes to learning communication plays a major role due to the fact that it allows children to participate in active and interactive communication with classmates and school personnel, which facilitate the learning process. Communication disorders consist of various problems in hearing, speech, and language. As we all know, speech and language can impact children in many ways such as how they talk, gain understanding, evaluate,Read MoreThe Theory Of Teaching Language Arts1460 Words à |à 6 Pagesbeliefs. In addition, the Vygotskian theory has viable researched based strategies for reading, writing, speaking, and language development. Moreover, with Hallidayââ¬â¢s theory of language development, these two in tandem makes for the great educational experience. Finally, Gardenerââ¬â¢s theory of multiple intelligences is the brain based theory use for my educational beliefs. Vygotskian theory is the fundamental framework for teaching Language Arts skills to children ranging from the age of Birth to tenRead MoreEffective And Ineffective Teaching Strategies1909 Words à |à 8 PagesBriefly describe your speaking situation and your goal. My speech is going to be on the topic of effective and ineffective teaching strategies. My intended audience for this speech is future teachers. I decided to discuss the topic of effective and ineffective teaching strategies because the majority of my audience are going to be future teachers. Once these future teachers graduate from college, they are going to have so many teaching strategies in their toolbox that it is going to be difficult for themRead MoreStudents With Speech Impaired Students944 Words à |à 4 PagesSPED 400 Personal Philosophy Paper Students I Desire to Teach I intend to work with students who are speech-impaired. Working with speech-impaired students would fulfill one of my lifetime goals. Specifically, I desire to teach elementary students who are hard of hearing or deaf that desire to have verbal skills. This desire has come from the love of learning new languages as a child. But, the deaf culture and American sign language have always fascinated me and seeing the world from their perspectiveRead MoreThe Early Years Learning Framework For Australia1706 Words à |à 7 PagesSince literacy evolves with changes in cultural communicative practices and technological developments, so too do definitions of what literacy is. There is some agreement on what literacy involves, and most definitions include reading, writing, speaking and listening, and sometimes viewing or visual literacy. The Early Years Learning Framework for Australia [EYLF] (DEEWR, 2009, p.38) defines literacy as ââ¬Å"a studentsââ¬â¢ capacity to access, manage, interpre t and reflect on written texts in order to achieveRead MoreMy Philosophy Of Teaching Language1737 Words à |à 7 PagesMy philosophy of teaching language is that in order for a child to achieve language they have to have the desire to learn it. In my short time, I have overseen teachers implement a student-centered learning environment. Learning in my future classroom will always occur within cooperative and collaborative group work. Having observed this strategy, this strategy is completely effective and positive to reaffirm and develop strong student-to-student and instructor-to-students relationships. This onlyRead MoreMichelle Is A Second Grade Student At An Inclusive Classroom878 Words à |à 4 PagesInclusive classroom. Her twin is also in the classroom and is a special education student as well. Michelle has an IEP and a significant speech and language delay. She is also an ENL student. For math and writing classes, an ENL teacher pushes in. Michelle is pulled out for sp eech therapy sessions. Michelle was exposed to the following teaching strategies: Teacher-mediated Environmental Arrangements- Most of Michelleââ¬â¢s lessons are presented from a U-shaped table headed by the special
Wednesday, May 6, 2020
Rhetorical Analysis Essay Free Essays
Barbie vs. the World Iââ¬â¢ll admit it; I absolutely loved playing with Barbieââ¬â¢s as a child! I must have had like twenty of them. She had everything: a dream house, Ken, plenty of friends, and a slender body with all the right curves, everything I dreamed of having when I grew up. We will write a custom essay sample on Rhetorical Analysis Essay or any similar topic only for you Order Now ââ¬Å"En Garde, Princess! â⬠by Mary Grace Lord, challenges why every girl loves Barbie. Her article appeared in the online magazine Salon under the ââ¬Å"Mothers Who Thinkâ⬠department on October 27, 2000, before the launch of a new doll line called the Get Real Girls, which were created by Julz Chavez. In this article Lord uses repetition, ethos, comparison and name calling to convince the reader that Barbie will soon encounter a fierce competitor, a better role model, which may finally dethrone her as the best selling doll of all time, or at least ââ¬Å"punch a few holes in her salesâ⬠(423). In the first paragraph, Lord repeatedly uses military references to show the reader that Barbie has a fight ahead of her. I think Lord uses these references to draw in the audience that she is appealing to, which are smart, aggressive, opinionated woman. She declares that Barbie has been the leader in the doll industry since 1959, and that she needs to watch out for the ââ¬Å"newly formed SWAT team of action figures known as the Get Real Girlsâ⬠(419). SWAT means Special Weapons And Tactics, so this leads the reader to believe that the Get Real Girls are well equipped to battle Barbie for her throne. Also, Lord references Barbie need not ââ¬Å"raise the pink drawbridgeâ⬠(419) or ââ¬Å"dump radio-controlled alligators into the moatâ⬠(419), both of which are found in military fortifications. This signifies that Barbie has not lost the battle yet, but that she is dealing with a fierce competitor, one she should be cautious of. Lord establishes ethos by telling the reader that she wrote the book Forever Barbie: The Unauthorized Biography of a Real Doll. This suggests that Lord has a vast knowledge about Barbieââ¬â¢s life, from her creation in 1959 to current day, which show us that she is a credible judge of Barbieââ¬â¢s challengers. Lord has examined the demise of several of Barbieââ¬â¢s rivals. In 1963, Miss Seventeen was one of them; she didnââ¬â¢t survive. Jem was another doll who perished in 1985, Happy to Be Me in 1991. As a journalist, she was assigned the task of evaluating the Get Real Girls, and upon seeing them, she thought ââ¬Å"the time seems right for a toy-world upsetâ⬠(419). This sets up the rest of the article in which Lord uses comparison and name calling to illustrate that the Get Real Girls have a real chance at dethroning Barbie. Lord compares Jill Barad, the recently resigned CEO of Mattel, and Julz Chavez to establish how the makers of these two very different doll lines bears a resemblance to the dolls they represent. Rather than appealing to children through television advertising, like Mattel did in 1955, the Get Real Girls are trying to influence children with the internet. Mattelââ¬â¢s first commercials depicted Barbie as brazenly sexy, which upset parents, but charmed children. GetRealGirl. com, on the other hand, portrays their doll line as ââ¬Å"jocky, and up-to-date on musicâ⬠(421), which are more important to the girl of today than being sexy. Also, Chavez does not put an emphasis on brands, as Barbie does. Barad ââ¬Å"coaxed high-end manufacturers like Ferrari to license Barbie-size versions of their productsâ⬠(422). As a parent, I really appreciate the fact that Chavez does not promote brand specific items. Most children grow to love the toys that they play with, wanting those same things later in life. There are not many people in this world who can afford to purchase a Ferrari. By comparing Barad and Chavez, Lord makes her point that Chavez is more concerned about a girl being just a girl. Lord uses the technique known as name calling to describe bad characteristics about Barbie, that make the Get Real Girls seem like they would be a better role model for our daughters to play with. After all, the article was under the ââ¬Å"Mothers Who Thinkâ⬠department, which suggests that mothers who read this article will probably think twice about buying another Barbie for their daughter. Lord points out that the Get Real Girls are strong, muscular, and very physically active, each representing some sort of sport, such as surfing, soccer and basketball. Barbie, on the other hand, has a ââ¬Å"ââ¬â¢60s-era pinup girl figure, she looks ridiculous in a basketball uniform-as if she borrowed it for a photo shoot and cannot wait to give it backâ⬠(421). Lord presumes that mothers would rather have their daughters play with a toy that reinforces being healthy and active, because in the real world, you cannot rely on just beauty alone. Another aspect is the difference in the dolls proportions. The Get Real Girls have a more accurate body figure to the women of today, 33-24-33, while Barbie is big busted and anorexic. As a mother, I want my daughters to be a healthy weight for their height, physically active and not concerned about the size of their breasts, or looking like an anorexic supermodel. Barbieââ¬â¢s body image is just not realistic, or healthy for that matter. Lord makes a great appeal to mothers by using ethos, repetition, comparison and name calling in her article to make the reader despise Barbie, and look forward to the new comers, the Get Real Girls, to beat her up. Barbie is depicted as a slut, with no morals, while the Get Real Girls seem to be a wholesome bunch. As a mother, Lord has convinced me that I should carefully consider toy choices for my children, as they do influence our childrenââ¬â¢s lives to a degree; however she has not convinced me to stop buying Barbieââ¬â¢s all together. Dolls are great to get your kids imaginations flowing, which was the main reason behind the creation of Barbie. In the end, the Get Real Girls did not dethrone Barbie, as they are no longer being sold. Work Cited Lord, M. G. ââ¬Å"En Garde, Princess! â⬠Reading Rhetorically: A Reader For Writers. 2nd ed. Ed. John C. Bean,Virginia A. Chappell, Alice M. Gillam. New York: Pearson, 2005. 418-23. 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Saturday, May 2, 2020
Nature of the Insurance Business
Question: Discuss about the Report for Nature of the Insurance Business. Answer: 1. The nature of the insurance business is such that it has immense risk as the potentially liabilities in certain sectors such as aviation would be in millions. These risks may be operational, credit, underwriting or market related. Hence, to excel in such a business adherence to the prudential norms along with effective risk management framework is imperative. However, HIH unlike other insurance companies through its faulty policies and inappropriate acquisition strategies enhanced the overall business risk. It did not have follow the industry norms and standards with regards to prudential norms and any disaster could potentially make the company bankrupt as the ability to settle huge claims was limited. Instead, the company relied on reinsurance which is a comparatively very high risk policy. However, despite the faulty business model, the company ventured into providing insurance to high risk sectors such as marine which was highly unadvisable. Also, the various investment plans offered to customers had dismal returns which enhanced the overall business risks. Cumulatively, the core issue of the company was its reckless internal working which did not involve much planning and prudent risk management thus resulting in high business risk for the business (Arens et. al., 2013). The factors to be considered are highlighted below. Non-adherence to the industry regulation norms for risk management and instead including reinsurance at the heart of the risk management meant that the business risk was increased by manifolds and the company was adversely impacted (Gay Simnett, 2012). Lack of due diligence while acquiring FAI Insurance coupled with limited board meetings for discussion of the proposal. The company ended up paying a premium for the acquisition which was not justified and the led to huge financial burden which increased the underlying inherent risk (Arens et. al., 2013). Quid Pro Quo relationship with the external auditor through the usage of consulting contracts meant that the auditor independence was severely compromised and therefore the various lapses with regards to the company and its business policies were not highlighted. This led to higher inherent risk as the owners could run the business as per their whims in collusion with auditor (Livne, 2015). Appointment of ex-auditors to the Board of Directors led to the compromised decision making which would not be in the best interest of the company and thereby allow the imprudent policies to continue and hence cause increased inherent risk (Livne, 2015). 2.1) The relevant case that the auditors can cite for defence against the clients is the Equitable Life Assurance Society v Hyman [2000] case. As per the relevant fact of this case, the clients were given the choice of going for either market rate of return or fixed rate of return when the insurance policy was issued. Every time the market rate was lower than the fixed rate promised, the directors stating the objective of maintaining parity between the returns of both policyholders reduced the terminal bonuses of the policyholders that had opted for fixed returns. Since the fixed returns customers were at a loss, hence the matter was dragged in the court where the partners of the partnership were held guilty of using their discretion in bad faith and they were made liable for the losses incurred by the policyholders (Swarb, 2015). 2) The useful case that the auditors can cite for defence against the creditors is the Raskov vs. Stapke Harris [2010] case. This case allowed for legal determination under the specific conditions when the partnership actually assumed a specified stance and the same may be forwarded by the counsel of the auditor in this case to ward off any liability arising from the creditors due (Notforlaw, nd). Any situation involving negligence needs that the following three conditions are to be obeyed. The defendant must have a duty to care with regards to the plaintiff. To ascertain this, the defendant must ascertain whether his/her decision to engage in a particular action or to refrain from the same would have any impact on the plaintiff or not. In case, the plaintiff could be impacted by the decision, then the defendant needs to ensure that reasonable care be extended to the plaintiff so that he/she must not be protect against foreseeable damages arising from the choices of the defendant (Donoghue v. Stevenson [1932] AC 562 at 580) (Lindgren, 2011). Once the duty to care is established, it needs to be ascertained that the defendant has indeed breached the duty to care. In this regard, it is imperative that defendant must take reasonable measures that a third party would take so as to ensure the safety of the interests of the plaintiff which may be adversely impacted by the decision by defendant. However, if appropriate level of care is not extended to the plaintiff in according with the foreseeable risk, then breach of duty is seemed to take place (Davenport Parker, 2014). Damages need to be incurred by the plaintiff and these must be on account of breach of duty by the defendant. In order to conclusively prove this, it is imperative to establish that if the breach of duty would not have taken place, the damages to the plaintiff were avoidable. However, any damage which is not related to breach of duty or could not have been avoided in case of duty being adhered to, then such cases would not be constitute as negligence (Taylor Taylor, 2015). 3. The decision by the company to offer board position to the previous auditors is a highly dubious step which indicates towards a compromised relation between the two entities. The appointment of not one but three partners seems to justify the largesse doled out by the management for the benevolent auditing services provided by the auditors. The glimpses of this relationship are visible in HIHs case earlier also when high fees was paid to auditors for consulting but still the glaring procedural and policy deficiency was never indicated. It is highly unlikely that the auditors never realised these issues but their independence was compromised and actions driven by self-interest (Arens et. al., 2013). There are obvious advantages of appointing the auditor as the consultant to the firm. The most obvious gains is in the form of superior quality with lesser time and lower cost. On the back of the consulting services, the business model and the underlying risks are better understood which helps tremendously for the audit purpose. The auditor could frame a better enhanced strategy taking into consideration the key aspects of the business along with the level of controls. Similarly, during consulting also, the solutions could be customised keeping in mind the tax implications for the client along with inventory and level of cash flow etc. Hence, the services become better and consume lower time and cost due to synergies (Arens et. al., 2013). Even if the law permits the auditor to offer consulting services, it would be ethical not to use the same firm for both audit and non-audit services. This is recommended since in such situation, the auditor may be caught in a conflict of interest which is best avoided specially in the current scenario where the management provides consulting contracts to auditors based on the flexibility displayed by them during auditing. This is not a healthy precedent and needs to be curbed (Gay Simnett, 2012). Similarly, appointment of previous auditors to the board is highly unethical since it raises concerns regarding boards independence of behalf of shareholders and hence leads to higher agency costs. Further, this may be detrimental to the auditing profession whose credibility is on the decline and hence the profession needs to go the extra file to establish the credibility for the users or its relevance would be lost (Livne, 2015). d) The HIH insurance failure fuelled various concerns in regards to the level of disclosures by the corporate and also issues pertaining to auditor independence. The Ramsay report focused on the issue of auditor independence and recommended the following (Parker, 2002). Auditor independence statement needs to be included as part of the annual report. An auditor declaration with regards to the Board independence included as part of the annual report. Constraining of the auditor client relationship to enhance investor confidence. The constitution of an auditor independence supervisory board was called for to probe the matters of auditor independence. Audits committees scope of activities and role require a drastic increase The above steps suggested would enhance the standards of auditing and would ensure that the incidence of auditors caught in compromising situation would reduce tremendously. This is required due to the deteriorating quality of audit services which puts a question on their relevance (Gay Simnett, 2012). The focus of CLERP 9 was on enhancing the general disclosures made by the firms and thereby strengthens the corporate governance framework. The disclosures were to be included in the annual report and included disclosures such as remuneration and directors report. Also, it recommended that periodic auditor rotation must be done so as to prevent quid pro relation between the auditor and client (Clout, Chappelle Gandhi, 2013). Hence, it is expected that these measures would bring about greater independence of auditors through more information dissemination (Arens et. al., 2013). References Arens, A., Best, P., Shailer, G. Fiedler,I. 2013. Auditing, Assurance Services and Ethics in Australia, 2nd edn., Pearson Australia, Sydney Clout, V, Chappelle, E Gandhi, N 2013, The impact of auditor independence regulations on established and emerging firms,Accounting Research JournalVol. 26, No. 2, pp. 88-108 Davenport, S Parker, D 2014, Business and Law in Australia, 2nd eds., LexisNexis Publications, Sydney Fearnotlaw nd, Raskov vs. Stapke Harris, Available online from https://www.fearnotlaw.com/wsnkb/articles/raskov_v_stapke__harris-33634.html (Accessed on August 29, 2016) Gay, G. Simnett, R. 2012. Auditing and Assurance Services in Australia, 5th edn., McGraw-Hill Education, Sydney Lindgren, KE 2011, Vermeesch and Lindgren's Business Law of Australia, 12th eds., LexisNexis Publications, Sydney Livne, G 2015, Threats to Auditor Independence and Possible Remedies, Finance Practitioner Website, Available online from https://www.financepractitioner.com/auditing-best-practice/threats-to-auditor-independence-and-possible-remedies?full. (Accessed on September 1, 2016) Parker, C 2002. Auditing at arms length, CACharter, February, pp. 38-40 Swarb 2015, EQUITABLE LIFE ASSURANCE SOCIETY V HYMAN; HL 20 JUL 2000, Available online from https://swarb.co.uk/equitable-life-assurance-society-v-hyman-hl-20-jul-2000/ (Accessed on September 1, 2016) Taylor, R Taylor, D 2015, Contract Law, 5th eds., Oxford University Press, London
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