Finding Old ACT Test Scores

Lets say you graduated from high school, had a great job lined up, and jumped right into the workforce. After a few years without raises, though, a bachelors  degree began to sound  good. As part of the college admissions process, youll probably need your old  ACT  scores. Here are the steps to retrieving your old ACT scores. Remember Which College Admissions Test You Took If it’s been a while since you took your college admissions exam, you may not recall whether you took the  ACT or SAT  in high school. Here’s a hint: Your composite  ACT score  will be a two-digit number between 1 and 36. Your SAT score will be a three- or four-digit score. Remember that the ACT test has changed quite a bit in over the years, so the questions have changed and the score you received would be scaled a bit differently now. If you took the ACT, keep reading. If it was the  SAT,  you will need to contact the College Board to obtain your old scores. Request Your Scores There are three ways you can request your ACT scores. Online:  If you have your ACT online account information handy, you can log in to access your scores. Your account will include a list of all the times you took the ACT and youll be able to select which old scores youd like to see or have sent to a college or university. You can find old ACT test scores from October 1966 until the present. If you don’t know your password or other online account details, you can email the ACT help desk, use the online chat feature, or call 319-337-1270 for assistance.  By phone:  Order scores by  phone by calling 319-337-1270. Note that only priority reports (which require an additional fee) may be ordered by phone. Phone orders also include an additional $15.00 fee per report.By mail:  Download the request form and send it to ACT Student Services: Score Reports,  P.O. Box 451,  Iowa City, IA 52243-0451. Youll need to include your personal information at the time of testing, including street address, and will also choose recipient s to receive your ACT scores. Pay the Fee Regular report:  The regular ACT  score report fee for a test date after September 1, 2016, is $13 per test date per report. For ACT scores for testing prior to September 1, 2016, the price is $38 per test date per report. A regular report will be delivered in about two weeks. Check the ACT website or call to confirm the current fees.Priority report:   A priority report will be delivered in three to four days. The price is $16.50 per test date per report for tests after September 1, 2016, and $41.50 per test date per report for tests taken before September 1, 2016.   Additional Tips for Finding Your Old ACT Scores Gather as much information as you can before you contact ACT for your scores. If youre completing the form and mailing your request, be sure to type or write legibly. If ACT can’t read your request, it will be delayed.   Remember that since your scores are older, the test may have changed, The ACT score reporting service will include a letter providing that information to the institutions in which youre interested.

Prison Punishment And Its Punishment - 1652 Words

Prison is a place in which people, found guilty of committing a crime or breaking a law, referred to as inmates, are forcibly held against their will. Prison is a place where inmates lose a variety of their given rights and many freedoms as citizens of the united states of america. Prison is a place where inmates wait under the watchful eye of guards for a length of time determined fit or as sentenced to serve by a judge, as a form of punishment. Why prison for punishment? What makes prison a punishment? What is the purpose of prison? There are three goals of incarceration and they are: retribution, deterrence, and incapacitation. Retribution by definition is an act of revenge. In this sense the punishment of a prison sentence is†¦show more content†¦The punishment of a prison sentence makes it so that the law breaker, for the amount of time they are ordered to serve, can no longer hurt society. A prison sentence makes the â€Å"bad guy† disappear†¦ Or does it? away innocent people. Deterrence means the prevention of future crime. It is hoped that prisons provide warnings to people thinking about committing crimes, and that the possibility of going to prison will discourage people from breaking the law. Rehabilitation refers to activities designed to change criminals into law abiding citizens, and may include providing educational courses in prison, teaching job skills and offering counselling with a psyc hologist or social worker. The four major purposes of prisons have not been stressed equally through the years. As a result, prisons differ in the makeup of their staffs, the design of their buildings and their operatiorison system was set up in order to rehabilitate prisoners, so they can do there time and be mended back into society as what we would qualify as a productive citizen. Instead of doing this, other factors such as high crime rates and mandatory sentencing have caused an increase to the number of prisoners. This is not only overpopulating our jails but also correlating with the increasing our budget shortfall. In the article States Cut Prison Budgets but Not Prison Populations by Victoria Law she claims, â€Å"Budget shortfalls are prompting California and

Audit and Assurance Successful Audit

Question: Describe about the Audit and Assurance for Successful Audit. Answer: Preamble To start the audit program of M Ltd the need of audit plan is necessary as the first element of such activity. To be a responsible partner of the audit firm, I am appending below the audit plan for performing a successful audit of M Ltd which is involved in the business of wine manufacturing and subsequent sales of the product both in domestic and overseas market. The company has recently enlisted themselves in ASX for their share to be traded in the Australian Share Market(Asx, 2015). This activity increases the number of stakeholders of the company with more responsibilities dawned upon the company to ensure proper financial activities with maintenance of records for justifying their business activities. Being external auditor, the responsibility of the firm is more to the statutory authorities and the external stakeholders. The company had replaced their erstwhile auditor by our firm with the expectation of more accurate and focal activities towards ensuing audit performance. The audit period for M Ltd is for the financial year of 2015 -16 which starts from 1st July 2015 and ends at 30th June 2016. The standard audit plan starts with detection of audit risk along with phase-wise planning with preliminary audit plan, execution of the job and submission of the report to the respective recipients in the form of authorities and the company along with published report in the website of the company to ensure its accessibility to all stakeholders irrespective of nature of internal or external stakeholders. Audit Plan Diagram of audit performance: Detection of audit risk: Normally before starting any audit assignment, audit firm has to analyze the audit risk. Audit risk is broadly divided into three components- Inherent Risk, Control Risk and Detection Risk. Although all the risks are connected with the concept of material misstatement, there are different types of effects getting generated out of these activities which may pose barrier to the audit assignment with not reaching the coveted level of deliverance so far audit process is concerned(Aicpa, 2006). Inherent Risk The inherent risks are material misstatement on the part of the employees involved in the activities of maintenance of financial statements created through omission or errors, which may be deliberate or not. Control Risk The control risks are generated from the practice of internal control through imposition of check in different layer of activities of the company in order to avoid material misstatement. Detection risk Detection risks are for the material misstatement generated on the part of auditors due to their overlooking of any important matter which may cause improper projection of facts of the company by the auditor resulted to proven insignificance of any important factor. In the case of M Ltd, inherent risk is found negligible as the company works on accounting software approved by AASB. As Finance Director is directly involved in finance and accounting activities with initiatives of decision making and setting of accounting and financial framework as per compliance of AASB. The control risk is minimized. Detection risk our area of concern and we will be attentive with all sensitive issues related to financial accounting system to mitigate the same(Accounting-simplified, 2010). Primary Plan Preliminary audit plan is mainly focused on the initial plans which are appended below:- Intimation The first step is to intimate M Ltd about the audit plan with date of initiation, duration of audit work, probable submission date of audit report, details of required financial documents and registers, size of the audit team, name of the team leader. The same is to be forwarded to M Ltd through formal letter through E Mail and hard copy along with quest for the acknowledgement and necessary compliance(Cag, 2011). Audit Team Audit team is to be fixed and my plan is to deploy 8 members out of which 7 members will be deployed in the process of verification and checking with necessary notes to be made on the facts derived from the financial statements for the period. Audit period The audit period is fixed from 10.10.2016 and will end on 31.10.16. The submission of audit report will be made on 5th of November 2016. Execution of Audit Process Verification and investigation The verification process will start from 10.10.2016 with segregation of financial document including registers. To start the verification, few concerns will be kept in mind. It had been noted earlier that there are export discarded inventories for some technical reasons which had caused the doubt in receivables. The receivables are not recovered which made a threat of declaration of bad and doubtful debts for the company effecting current asset and the working capital. The company is involved in the manufacturing process of wine and most of the sales is being made to overseas customers. Hence there is a constant threat of recoverable receivables for fluctuation of currency exchange rate. To cover this risk, the company is insisting on hedging. The bank and cash registers are to be verified as per norms with the statutory compliance towards district and federal taxes are to be verified with utmost care(Auasb, 2009). Preliminary report preparation The preliminary report is to be prepared by me as the audit team leader with highlighting the different issues come through audit process. After preparation of draft report, the same will be given to the management to get the clarification on the issues. It will be done with the head of operations like CEO, Financial Director and other heads of operations like manufacturing, HR and supply chain to earmark the problem areas and probable dates to resolve the issues(Auasb, 2016). Final report submission Final submission report submission will be made on 5th November with signature of CEO and the Audit Team Head and will be submitted to the respective authorities like income tax, ASX and will be published online for the stakeholders to make them understand the financial situation of the company. This will help them to raise questions in the AGM to be announced by the company later. Conclusion This assignment will give our firm enough opportunity to understand the trend of liquor business and enhance our expertise through experience gathered through this assignment. References: Accounting-simplified, 2010. Audit Risk Model Inherent Risk, Control Risk Detection Risk. [Online] Available at: https://accounting-simplified.com/audit/risk-assessment/audit-risk.html [Accessed 20 September 2016]. Aicpa, 2006. Audit Risk and Materiality in Conducting an Audit. Effective for audits of financial statements for periods beginning on or after December 15, 2006. Earlier application is permitted; https://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-00312.pdf, 47(107), pp.1647-62. Asx, 2015. Asx Listinig Rules. [Online] Available at: https://www.asx.com.au/documents/rules/gn04_foreign_entities.pdf [Accessed 29 September 2016]. Auasb, 2009. Auditing Standard ASA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with AustralianAuditing Standards. [Online] Available at: https://www.auasb.gov.au/admin/file/content102/c3/asa_200_27-10-09.pdf [Accessed 22 September 2016]. Auasb, 2016. Australian Auditing Standards. [Online] Available at: https://www.auasb.gov.au/Pronouncements/Australian-Auditing-Standards.aspx [Accessed 13 October 2016]. Cag, 2011. Audit Plan. [Online] Available at: https://dgace.cag.gov.in/pdf/AMG-III-Audit-Plan.pdf [Accessed 22 September 2016].

The Scarlet Letter Forest Essay Research Paper free essay sample

The Scarlet Letter ( Forest ) Essay, Research Paper The Mysterious Forest In Nathaniel Hawthorne s The Scarlet Letter, life is centered around a stiff Puritan society. In this society, people are non allowed to show their true ideas and feelings. Every human being needs the chance to show how they truly feel ; otherwise the emotions become bottled up until they begin to ache the individual. Unfortunately, the Puritans were non allowed this type of look. Fortunately, at least for the four chief characters, Hawthorne has created a wood to give them shelter. The forest offers a sanctuary from the abrasiveness of Puritan life, symbolizes the character of Pearl and represents immorality. The forest offers a sanctuary from the abrasiveness of mundane Puritan life. In the forest, many polar characters can convey forth concealed emotions and ideas. The forest trail leads characters off from the Puritan colony, and out into the dense and dark wood. We will write a custom essay sample on The Scarlet Letter Forest Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This seems to be the lone flight for the Puritans in the novel. This is the lone topographic point where the people can be free from Puritan jurisprudence and codification. It is here, in the wood that Dimmesdale can show his deep love for Hester and where she can make the same for him. The wood is a topographic point where freedom can be established. Here, cipher tickers to describe misbehavior, as they do in the colony. Here, people may make as they wish. The wood seems to implore Hester, Throw off the bonds of jurisprudence and faith, come to me and be matterless ( Hawthorne 176 ) . She takes advantage of the forest s offer when she meets up with Dimmesdale. She openly negotiations with Dimmesdale about topics that would neer be mentioned in any other topographic point but the forest. As they sit on a moss bed, Hester tells Dimmesdale What we did Hester reminds him, Had a consecration of its ain. We felt it so, we said that to each other ( Hawthorne 186 ) ! Shocked, Dimmesdale rapidly hushes her, for this is the first clip they have mentioned this issue. He finally realizes that he is in a safe environment. Here in the forest they can throw away all of the Torahs and be themselves. The forest provides an umbrella of security for the chief characters. Throughout The Scarlet Letter, the forest symbolizes Pearl. Pearl and the forest go manus in manus. One of Pearls favourite activities is playing with the flowers and trees. The Puritans believe that anything associated with the wood is evil, so Pearl must hold has a small flicker in her. Hawthorne says, And she was gentler here than in the grassy-margined streets of the colony, or in her female parents bungalow. The flowers appeared to cognize it ( 194 ) . Pearl evidently fit in with natural things. Like the forest, Pearl is cryptic and wild. The forest, being the cryptic topographic point that it is, represents Pearl in the novel because she is non to the full understood. It is hard to state why she does certain things, and what she i s believing when she does them. When aliens in the town spoke to Pearl, she would non reply them. Alternatively She gazed intently, but neer sought to do familiarity ( Hawthorne 96 ) . Often times, Puritan kids would garner around her, they were funny and wanted to interact with her. Alternatively of talking to them, she would shout at them, She snatched up rocks and flung them at the guiltless kids ( Hawthorne 95 ) . Hawthorne describes Pearl as about witch-like, With shrill, incoherent exclaimings that made her female parent tremble because they had so much the sound of a enchantresss anathema s in some unknown lingua ( 96 ) . Cipher understood her or why she did such atrocious things. Pearl was besides wild like the forest, The kid could non be made conformable to the regulations ( Hawthorne 93 ) . She frequently threw flowers at her female parents A. In the wood, Pearl would run rampantly, she would swing mediate trees and ballad in the tall grass. She had energy and natural sleight ( Hawthorne 92 ) . The Puritan society was non the topographic point for pearl. They were non ready for such a extremist at this clip, and she was a extremist! Pearl and the forest go together manus in manus because they are both cryptic and wild. The forest itself besides represents immorality. The Puritans believe that the wood and anything associated with it are evil. This would intend that the Black adult male, Mistress Hibbins and the enchantresss all evil in Puritan eyes. Throughout the novel, there is a changeless mention to the Black adult male, who is better known to us as the Satan. While in the wood, Pearl asks Hester, Tell me a narrative a narrative about the black adult male ( Hawthorne 177 ) . Pearl goes on to ask about the black adult male. Hester tells her that he is evil, that he lives in the wood, and that she has signed his book. She is once more acknowledging to her wickedness. So, Pearl of all people, is in the wood, asking about the Black adult male, what a combination, evil, evil, evil! Mistress Hibbins can besides be seen in the wood during her enchantresss meetings. Mistress Hibbins asks Hester, will thou travel with us tonight I good neigh promised the Black adult male ( Hawthorne 116 ) . Hester Prynne does non desire to hold anything to make with the immorality, and tells her no. The wood is a deep dark topographic point where immorality and anarchic people run rampantly. The Puritans reject Pearl, who is like the forest. They bes ides reject the Black adult male who lives there and the enchantresss, who meet at that place. Puritan society can be rough and can deteriorate one s inner ego. Hawthorne created the forest to give characters a topographic point to get away and show their true emotions and beliefs. The wood was a topographic point where thoughts and feeling could flux every bit infinitely as the babble creek. The emotions expressed, every bit good as Pearl, were every bit wild as the wood. The forest played the most of import function in the novel by Nathaniel Hawthorne. It provided an umbrella of security for the characters, symbolized Pearl and was a symbol of immorality in itself.

Royal Printing and Packaging company free essay sample

The new manager â€Å"Jose† being a fresh graduate knew new trends, ideas and tactics beneficial to the company. He has lots of ideas and plans for the future which makes the company adaptive and globally competitive to the business world. -The company has no substantial liabilities. Thus the company has enough financial capability to run business. Having no liabilities means that all sales they have generate goes directly to their net income. -Equipments being a high quality and first hand use, will last long. With its equipments being branded and first hand use, the life span of these will sure last long, which means that the company doesn’t need to purchase new machineries rather spend for maintenance that cost less rather than purchasing a new one. -The value of the machine increases as time passes by. As time goes by the equipments residual value increases, it doesn’t mean that there is a need to sell these to generate income rather, if time came that the machine was already obsolete, sales that would be coming from these will give a gain for the company’s future benefit. We will write a custom essay sample on Royal Printing and Packaging company or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page -The company is a sole proprietorship. Being with this type of business, the owner doesn’t need to consult with its other partners with regards to the decision-making for the company. Wherein there will only be a one- man decision for the entity. -Jose, being the son of the owner, knows the nature of their business. Who else can be suitable to manage the business? Having their business running for almost two decade, he already knew how he can manage it, nonetheless, can seek help and advices from his father. Weakness -Company depends solely with the drugs company. Generally, the company is only dependent from the income they generate from its clients which happens to be the Drug Company only. How can the new management reach its goal if they will only depend from their sales from these? -Too many expenses which lessen the net income. From the data cited on Exhibit B, it can be seen that almost half of their Income goes along with all their Operating Expense, especially from the Materials/Supplies Expense. If it can be lessen, it would be a good start for the company to generate a higher net income. -It has a bad net margin. For the past years, the net margin of the company doesn’t even reach 10% which measures the profitability of the entity. If this doesn’t increase, as time goes by may lead to bankruptcy. -The new manager lacks with experience being a fresh graduate. A fresh graduate lacks with experiences on how he would manage the company. A neophyte on the â€Å"real world† won’t survive if he would hold the company’s highest position, thus may lead to failure. -Machines were purchased long time ago which may lead to inadequacy and obsolescence. The machineries along was stated on the data given that to have a useful life at least 20 years. Almost all of its machineries used for operation were purchased long time ago, which may affect the productivity of the company’s output. Opportunities -There is an on-going structural reform. With the coming of the new management head, there would be reforms in the organization -Demand for basic school textbook increases. The population of pupils and students are increasing, thus, having more need for printed learning materials. -Restoration of democratic process. Restoration of democratic process will generate business from local companies as it achieves political stability. -The entity can accept prints for newspapers, journals, and periodic for them to advertise their company. During this time, a paid advertisement is a great help for the company to gain clients. Threat -More competitors rather than clients. -Economic change. -Technological advancement. During this time, technology ease the burden of most company’s thus inability to adapt with these changes, there would be a big gap between the entities with the other counterpart business establishments. -Natural calamities. Because Philippines a tropical country and a typhoon belt. It is also a part of the Pacific Ring of Fire; we cannot get rid of the possibility that this may affect the company’s operation. ALTERNATIVE COURSES OF ACTION (ACA) 1. Regain previous clients and give them discount or promo to gain their partnership again. Advantages: You would regain previous clients that would give and generate the entity a higher profit. Sales will increase. Many would acquire the discount/promo to have partnership with you. Disadvantages: Inability to meet deadlines. Higher demand for supplies needed for production. 2. Borrow money from creditors to finance larger scale operations. Advantages: There would be more capital for expanding the business Less taxes may be paid Disadvantages: There would be the presence of substantial liabilities. Inability to pay debt 3. Advertise Advantages: Attract buyers Informs potential buyers Disadvantages: Additional costs from advertisements 4. Do nothing. Advantages: No plan of action would be done Disadvantages: There would be no progress Recommendations Nos. 1 3

Securities Exchange Act 1934 Essays

Securities Exchange Act 1934 Essays Securities Exchange Act 1934 Essay Securities Exchange Act 1934 Essay The Securities Exchange Act of 1934 JFM GM520 Legal Political Ethical Dimensions of Business April, 12 2010 The Securities Exchange Act of 1934 was passed by congress to strengthen the government’s control of the financial markets. It was preceded by the Securities Exchange Act of 1933 which was enacted during the Great Depression in hopes that the stock market crash of 1929 would not be repeated. The basic difference between the two acts was that the 1933 Act was to govern the original sales of securities by requiring that the issuers, the companies offering the securities, offer up sufficient information about themselves and the securities so that the potential buyers could make informed decisions. The 1934 Act was aimed at the secondary market where buyers don’t buy from the issuer but instead from other investors (Security, 2010). The 1934 Act also required more disclosures from issuers and was enacted to prevent unfair practices at the various exchanges as well as giving the authority of the exchange to the Securities and Exchange Commission which was one of the many administrative agencies set up by the New Deal ideology of Franklin D Roosevelt (Securities, 2003). A major part of 1934 Act is that it required any issuer with over $10 million in assets and 500 or more shareholders to register its stock with the SEC. With this registration came additional required filings such as the 10-Q form, a quarterly financial report, 10-K form, a yearly financial report, as well as an 8-K form used for reporting unusual events, an example of which would be a merger or takeover (Jennings 742). The 1934 Act seems to be an ever changing document as it has been amended by Congress many times through the years. It is due to the need to remedy any new issues that arise whether through technology or new security devices. This paper will focus on two specific sections of the 1934 Act. The first area that I will focus on is Section 10(b) with Rule 10b-5 and the second area that I will focus on is Section 16(b). These sections deal with the antifraud, insider trading and short swing profit issues associated with the trading of securities. Section 10(b) of 1934 Act acts as the insider trader and anti-fraud provision of the act. It was set up to dissuade fraud in the securities market. As example of which would be where sellers might withhold information that should be public and by doing so having an effect on the price. The application of this section is broad as it applies to all the different types of securities for trade. Examples are public, private, over-the-counter and exempt. The only prerequisite for this provision to be in effect is that the transaction must have an interstate commerce connection (Jennings 742). Since in today’s business almost all transactions take place over the internet or via telephone, it would not be very difficult for the Commission to use this provision to bring action against a company or person in violation. One reason for section 10(b) to be included in the 1934 Act was the damage to the market in the late 1920’s and early 1930’s caused by pools. Pools were devices used by certain groups of investors to run up the prices of certain stocks by collectively engaging in well timed transactions. The group would then dump their stocks just before the stock price dropped. Section 10(b) contains provisions to prohibitive this type of deceptive behavior (Securities – Securities.. , 2010). This type of behavior led to the writing of Rule 10b-5: Employment of Manipulative and Deceptive Practices. It basically states that it is against the law to use any scheme to defraud, make any untrue or misleading statements or engage in any course of business that defrauds by the means of interstate commerce (Jones, 2009). Corporations can be in violation of section 10(b) when they fail to disseminate material information about the company, its performance or its future. This applies for both positive and negative information. The SEC promulgated a new rule in 2000 known as Regulation FD that states that this information must be made available at the same time to everyone. Material information has been determined to be any type of information that would affect the buying or selling decision of a security (Jennings 743). A pending takeover or a possible lawsuit is an example of material information. By not abiding to this provision, companies can have charges brought up by the SEC. A person can be in violation of section 10(b) in multiple ways. If one of the sides of a security sale knows non-public information about the security and the sale proceeds then that person has violated section 10(b). If an owner of shares misleads the buyer by giving false statements then that seller is in violation also. Another example of a violation of section 10(b) is when churning occurs. This is when securities are bought and sold repeatedly to give the appearance of activity (Jennings 743). This is similar to what the â€Å"pools† did during the Great Depression. There are often many different types of people who are covered by section 10(b) of the 1934 Act. Two of interest are insiders and tippees. The term Insider refers to corporate executives who often have access to non-public company information. The term Tippee generally refers to the relatives, friends or acquaintances of insiders from whom they receive this insider information. If the insider just passed on the information to a tippee and that person acted on this information and made an unfair transaction then the SEC and courts will find the insider just as culpable as the tippee and will prosecute both parties under section 10(b) (Securities – Securities†¦, 2010). I find this to be quite an interesting fact. The insiders need to be very careful what they discuss outside of the office. Violations of section 10(b) can happen due to timing. The textbook discusses how some insiders and tippees involved with a company named Texas Gulf Sulphur, back in 1968, were in violation because they bought stocks too quickly after a press conference announcing the discovery of minerals. They made purchases by telephone faster than the information was disseminated to the public. The SEC found them in violation due to timing only, but that was enough to be considered guilty (Jennings 746). It’s important to keep in mind that this violation would be much less likely to happen today because of the technology surrounding the security exchange. Funny enough, the telephone would probably be considered slower than the internet based transactions that are very common today. A trend that has recently emerged as a violation of section 10(b) is the use of the internet to engage in pumping and dumping. Although not a new concept, the internet has been used to increase the effect because of its ability to disperse particular company information very quickly in order to affect stock prices. Persons initiating this deceptive behavior can sell their stocks for profit once they see that the changes to price have occurred. This type of behavior is considered fraud since it is a manipulation of company information for profit. An example of this would be if a group of people collaborated to spread false information on a financial blog or website in the hopes that the price would fluctuate enough to make large profits in a short amount of time. They use the anonymity of the web to attempt this. (Security, 2010) Convictions of violations of section 10(b) can not be based on negligence. It must be based on a person’s intent to defraud. This intent to defraud is known in investment circles as scienter. Penalties for 10(b) violations have been getting stiffer in recent times in attempts to curb the behavior. Violations can carry up to 25 years in prison in addition to monetary penalties depending on the severity and extent of the crime. Corporate financial officers can have additional penalties due to the ease of access to company insider information. If they are found to be in violation and bonuses were found to be paid out as a result of false information, then the bonus money must be returned to the company. If this person attempts to file bankruptcy to avoid paying the money back they will discover that it’s a lifetime obligation in the eyes of the government (Jennings 749). So anxious is the Securities Exchange Commission to prosecute these violations, that it has amended the 1934 Act through passage of additional laws such as the Sarbanes Oxley Act and the 1988 Act as well as working with the American Bar Association in order the strengthen their control. Whistleblowers who report violations can be rewarded with up to 10 percent of the recovered monies in a violation. These whistleblowers are now protected from retaliation and /or termination when they are aiding in a prosecution case as well. Lawyers are now not bound by attorney-client privilege when securities fraud is involved because the ABA amended their code of ethics in 2003 (Jennings 749). Section 16 of the 1934 Act is the liability section that deals with the stock trading by corporate insiders. An insider in this case is defined as an officer, director or a ten percent or more shareholder. Section 16(b) requires these insiders to report any sales and purchases of company stock. These transactions are tracked and during a six month period of time the SEC determines the profits taken. These profits are known as short-swing profits. The amount of the profit is calculated by matching the highest sale with the lowest purchase and the amount profited must be returned to the company. The rationale behind this is that the SEC has to assume that the person used a certain amount of insider information when making the decision to buy or sell stock (Jennings 750). This is in essence just keeping a tab on their actions. This also applies to stock options used as compensation to many executives at large corporations. These options have been troublesome to manage over the last few years and have caused the demise of some companies so many have changed to offering special classes of stock instead (Jennings 750). The Securities Exchange Act of 1934 is a very broad law that I would imagine is very difficult to learn completely. I have learned a lot from writing this paper and I can truly appreciate the reason for its enactment. There so many ways for manipulations of the market in today’s world. The technology in place to keep track of the massive amount of transactions must be incredibly complex. I am sure that there will be future amendments created to enforce new more creative ways to manipulate the system for illegal profits. Jennings, Marianne Moody. The Legal, Ethical and Global Environment of Business. Ohio: South-Western, 2009. Jones, Ronald. â€Å"Securities Exchange Act of 1934. † Securities Lawyer’s Deskbook. 1998-2009. The University of Cincinnati College of Law. April 4, 2010. law. uc. edu/CCL/34Act/index. tml Securities and Exchange Commission. The American Economy: A Historical Encyclopedia. Santa Barbara: ABC-CLIO, 2003. Credo Reference. Web. April 5 2010. Securities – Securities Exchange Act of 1934. Web. April 5,  2010   http://law. jrank. org/pages/10097/Securities-Securities-Exchange-Act-1934. html. Security. Encyclopedia Britannica. Encyclopedia Britannica Online. Encyclopedia Britannica, 2010. Web. April 4,  2010   http ://search. eb. com/eb/article-27311. [ 1 ]. (footnote continued)

Personality Analyiss Essay Example | Topics and Well Written Essays - 3750 words

Personality Analyiss - Essay Example There are also some, who regard personality as a diamond consisting of diverse facets of behavior and belief. Still there are others who argue that the whole notion of personality is wrong headed – a comfortable fiction rather than a scientific fact. Usually in this view, personality is often influenced by the immediate circumstances rather by the social interactions, that is, personality remains consistent due to the environmental factors that also remain unchanged. Significantly, personality has been postulated and analyzed by a number of experts in the field of behavioral science, and as a result, a number of theories elaborating the nature and rationale have emerged, thereby providing a wide area for interpretation and further research. This essay presents an analysis of a fictional character from a popular television series entitled, CSI. The character of Gil Grissom is the main subject of this study in the aim to dissect and point out certain specific traits and explain them according to the theories advanced by several personality psychologists more particularly of Howard S. Friedman and Miriam W. Schustac. The succeeding paragraph will also present arguments that will validate the presence of these theories in the chosen fictional character to establish a solid ground for conclusion. At the age of 22, Gill Grissom became the youngest coroner in LA County. He was recruited to run the field service office in Las Vegas where he spent 17 years elevating the status of the Vegas laboratory into the second most efficient crime lab in the United States. Earning a biology degree from UCLA, Grissom worked as a night shift supervisor of the Las Vegas Crime Unit. Being a forensic entomologist and a CSI level three, he was knows as the ‘bug man’ amongst his colleagues which was originally composed of Catherine Willows, Nick Stokes, Warrick Brown and Sarah Sidle in the first few seasons. Eventually