The Internet and assurance services Essay Example for Free

The Internet and assurance services Essay 1. 0 Introduction The Internet is the greatest business tool ever invented. Merchant, trading partners and Online retail shoppers can find greater selection, convenience, and lower prices on the Internet. Online businesses can reach millions of shoppers and business partners, provide 24 hours seven days a week of products and services, and better meet their customers individual needs. For these reasons, E-Commerce over the Internet has been growing. According to ActivMedia, e-commerce activity for 2000 will be $132 billion worldwide, which is twice as much as estimated for 1999. This figure includes revenues from B2C, B2B and Internet services. According to a study by eMarketer in April 2000, almost 34 million US households were actively using the Internet, and of that number 23. 5 million or 69% have made a purchase. (http://www. cpawebtrust. org/online. htm) However, despite the Internets many advantages and opportunities, it also raises some new risks for businesses and has some customers worried. The risks are fraud, poor sales conversion rates, detrimental effects of negative PR due to privacy breaches and security problems. A recent study by the Internet Fraud Complaint Centre (IFCC) showed that online auctions accounted for 48. 8% of fraud complaints. Non-delivery of goods ordered online came in second, at 19. 2%. Other top fraud complaints to the centre involved: securities and commodities (16. 9%), credit cards (4. 8%) and identity theft (2. 9%). The IFCC, which is jointly run by the FBI and the Justice Departments National White Collar Crime Centre, received an average of 1,000 complaints per week after opening in May 2000. (http://www. cpawebtrust. org/online. htm) In order to reduce risks, many technological solutions have been developed such as Firewalls, encryption, and digital signatures, etc. Despite these available solutions, most of Internet users still lack confidence in the medium. Therefore, third-party assurance service is needed to ensure secure transaction. 2. 0 The Third-Party Role of Assurance Service According to AICPA, Assurance Services are defined as independent professional services that improve the quality or context of information for decision-makers. Assurance services might involve any type of information. The goal of assurance services is information improvement, not the issuance of a report on it. (http://www. aicpa. org/assurance/about/comstud/defncom. htm) More in detail, AICPA has been categorised its assurance service into two areas. Those are integrity assurance systems and security assurance systems. According to the textbook (Greenstein, et. al. 2000), integrity assurance systems ensure that the data elements captured in an electronic transaction are the agreed upon elements, and the processing and storage procedures maintain the integrity of the data elements and do not alter them in any unauthorised fashion. Security assurance system ensures the authentication of the transacting parties, and that electronic data are protected from unauthorised disclosure. There are four areas that assurance service provider has to concern. Those are:   Security of data   Privacy of data   Business policy Transaction processing integrity Above categories are the most important area that the assurance service provider has to satisfy. And those will be applied to analyse travel. com. au. 3. 0 Difference and Similarity between B2B andB2C The web has evolved as a great medium for running business. Traditional B2B transaction used EDI, phone and fax for transaction. Also, B2C was just relied on bricks and mortar outlet. However, evolution of technology enables business entity to expand its business to new area, and provides more opportunities. Despite of Internets advantages for business entity, the risk has been arisen along with development of technology. According to recent survey of Computer Security Institute and the FBI, not surprisingly, computer-related crimes are up, as are the costs related to such crimes. This year, the survey included results from 538 respondents from a number of industries corporations, government agencies, financial institutions, and universities. This year, total losses, based on the 186 respondents willing to provide details on actual losses, totalled approximately US$378 million. Thats up from the US$265 million reported last year by 249 respondents. Based on this data, on average, each of the 186 companies lost more than US$2 million dollars in security breaches. (http://www. advisor. com/Articles. nsf/aid/HARTB15) In this section, similarity and differences existing between two models will be analysed. Based on the result of analysis, our assurance team provides desirable solution for B2B and B2C transaction B2C Perspective B2C is relationship is considered very vulnerable, because the party involved in transaction or interactions have no prior knowledge, they are completely strangers. Many risks involve during B2C transaction such as transmission of sensitive data (ie credit card number). In B2C e-commerce, the customers are the general public. Therefore, its transaction can be easily exposed. It is the one reason that consumers reluctant to shop over the Online. To decrease the risk and increase positive consumer perception, most of e-tailers employ security system, and state their privacy and security policy in its Web site. B2B Perspective B2B are interacting in more secure environment with respect to assurance of the electronic business environment. The nature of B2B e-commerce is that operator just interact with its business customer. Thus, the main concern for B2B is lying in their intellectual property. Many of the intellectual property are stored online in intangible form. Also many confidential information and trade secret is transmitted online. The reason they are safer is because B2B transactions are conducted usually through companies that have an existing relationship with each other or trading contractual agreements. So it can be said that they have mutual relationship. These existing relationships have evolved from the days of Electronic Data Interchange (EDI) to the fully functioning web sites on the World Wide Web or on company extranets. Due to evolution, the transaction has been completed within VAN (Value-Added Networks). Although, the evolution enable business entity to interact with its partner more efficient, the risk related in transaction has been increased.

The Subject of War in Poetry from Different Time Periods Essay

The Subject of War in Poetry from Different Time Periods Dulce e Decorum est by Wilfred Owen, Suicide In the Trenches by Siegfried Sassoon and The Charge of the Light Brigade by Alfred Tennyson. From studying the selection of texts (Poetry and Prose) what have you learnt about the different way writers from different periods deal with the subject of war. The three poems that I have chosen to talk about are â€Å"Dulce e Decorum est† by Wilfred Owen, â€Å"Suicide In the Trenches† by Siegfried Sassoon and â€Å"The Charge of the Light Brigade† by Alfred Tennyson. I will look at the three poems different opinions on war and how they compare and contrast from each other. I will also take into account the way the poets background may of affected there views. The poets come from a close time period but with different views â€Å" Suicide In The Trenches† and Dulce e Decorum est† are from the World War One era and â€Å"The Charge of The Light Brigade† form the Crimean War.. Alfred Tennyson, Siegfried Sassoon and Wilfred Owen all come from different backgrounds which alters the way they write, and the way they put there opinions across. Tennyson was a rich, public school student, proud of Britain’s conquests around the world but never fought himself, so had no first person experience of fighting. Owen contrasts to this as he didn’t have a lot of riches and was no more then a common soldier. Sassoon was an army officer but still was quit rich and never got the full taste of trench warfare during World War One. This shows straight away that the three writers were all brought up with different views and backgrounds which would definitely affect the way they write. The way that Tennyson writes, is the way a man who has never ... ... The Crimean War didn’t change history, but still Britain suffered a terrible loss of men. Tennyson and the rest of Britain was not used to this, so Tennyson wrote about the subject of war in a very positive way. Owen and Sassoon experienced the great war and saw the terrible losses first hand. They instead of showing how Britain was doing well, they wrote about how people were dying innocently. In the period Owen and Sassoon were writing in, Britain faced an uncertain future and Owens and Sassoon’s poem complement this aspect of life. They both try to get across the truth and reality in there poems. The World War One period made writers like Sassoon and Owen write in this style. Unlike Tennyson they put across all the negative aspects and stuck close to the point. Although Britain won World War One writers from this period wrote in a negative manner. The Subject of War in Poetry from Different Time Periods Essay The Subject of War in Poetry from Different Time Periods Dulce e Decorum est by Wilfred Owen, Suicide In the Trenches by Siegfried Sassoon and The Charge of the Light Brigade by Alfred Tennyson. From studying the selection of texts (Poetry and Prose) what have you learnt about the different way writers from different periods deal with the subject of war. The three poems that I have chosen to talk about are â€Å"Dulce e Decorum est† by Wilfred Owen, â€Å"Suicide In the Trenches† by Siegfried Sassoon and â€Å"The Charge of the Light Brigade† by Alfred Tennyson. I will look at the three poems different opinions on war and how they compare and contrast from each other. I will also take into account the way the poets background may of affected there views. The poets come from a close time period but with different views â€Å" Suicide In The Trenches† and Dulce e Decorum est† are from the World War One era and â€Å"The Charge of The Light Brigade† form the Crimean War.. Alfred Tennyson, Siegfried Sassoon and Wilfred Owen all come from different backgrounds which alters the way they write, and the way they put there opinions across. Tennyson was a rich, public school student, proud of Britain’s conquests around the world but never fought himself, so had no first person experience of fighting. Owen contrasts to this as he didn’t have a lot of riches and was no more then a common soldier. Sassoon was an army officer but still was quit rich and never got the full taste of trench warfare during World War One. This shows straight away that the three writers were all brought up with different views and backgrounds which would definitely affect the way they write. The way that Tennyson writes, is the way a man who has never ... ... The Crimean War didn’t change history, but still Britain suffered a terrible loss of men. Tennyson and the rest of Britain was not used to this, so Tennyson wrote about the subject of war in a very positive way. Owen and Sassoon experienced the great war and saw the terrible losses first hand. They instead of showing how Britain was doing well, they wrote about how people were dying innocently. In the period Owen and Sassoon were writing in, Britain faced an uncertain future and Owens and Sassoon’s poem complement this aspect of life. They both try to get across the truth and reality in there poems. The World War One period made writers like Sassoon and Owen write in this style. Unlike Tennyson they put across all the negative aspects and stuck close to the point. Although Britain won World War One writers from this period wrote in a negative manner.

A report on Activity Based Costing Approach

a ) Activity-based costing ( ABC ) is a bing attack that assigns activity costs to be objects on the footing on cost driver use. Costss are assigned to each major activity instead than sections and step the resources consumed by cost objects more accurately. B ) Absorption bing absorbed all operating expenses into the cost of production. WWonka plc ‘s budged and selling distribution cost and entire list monetary value is ?990,000 and ?9,000,000 severally. Therefore, the soaking up rate is 11 % ( ?990,000/?9,000,000 ) . Planing an activity-based costing system involves four stairss: ( 1 ) placing the major activities and resource costs, ( 2 ) assignment costs to each activity, ( 3 ) find the cost driver for each activity, and ( 4 ) delegating the cost of activities to be objects. degree Celsius ) To: Management of WWonka PLC Report on activity-based costing attack In the 1980s, more and more houses adopted activity-based costing to replace the volume-based costing system. The volume-based system merely takes history of direct costs and uses an overhead rate that may over-cost or under-cost the merchandise. By implementing ABC, it shows the consequence of differences in activities and alterations in costs. It merely charges for resources consumed and generates the most accurate costs. Firms are benefited greatly by the acceptance of activity-based costing attack. ABC assigns cost more suitably and instructively so that company could accomplish better measurings on merchandise and client profitableness. This provides information to the company for doing better strategic determinations such as pricing and gives the company a cost advantage over rivals. Besides, ABC measures the activity-driving costs more accurately. This helps the troughs identify the value-added and non-value-added activities which enables the company to further value enhancement undertakings and procedure value by doing better determinations. Besides, ABC draws director ‘s attending on those inefficiencies so that betterments can be made and allocate resources to the most good merchandise. In add-on, the betterment on cost decrease causes better cost appraisal for planning and budgeting. ABC can used to supervise costs every bit good. By comparing the costs and doing accommodation, this hel ps the house to command the cost tendencies. Furthermore, ABC can be used as a benchmark to compare the public presentation with similar houses and do betterment. Furthermore, ABC bing helps to place and command the cost of underutilization of capacity. Generally, many workss have extra capacity in off seasons. The ABC system helps to pull off capacity degree of houses to cut down the cost of fresh capacity and set the monetary value suitably. Although ABC brings many benefits to the houses, there are some restrictions that need to aware. First, WWonka plc is presently utilizing soaking up costing, put ining a new ABC system is dearly-won and time-consuming. The cost may outweigh the benefits bring to the company. Second, companies do non hold big figure of merchandises have small benefit from ABC. As WWonka has merely two types of orders, ABC attack is non that worthwhile. Third, some concern prolonging costs such as belongings revenue enhancement and mill insurance require allotments to sections and based on volume steps. These costs are hard to delegate and necessitate to utilize the volume-based cost driver. Fourthly, some costs such as advertisement disbursals, research and development are omitted in ABC system because the Generally Accepted Accounting Principles regard these costs as period costs. ABC system provides elaborate information to directors for decision-making. By activity analysis, cost can be reduced in four ways: activity riddance, activity choice, activity sharing and activity decrease. First, the directors need to place the high-value-added and low-valued-added activities and merely maintain those that add value. In WWonka, wadding is a low-valued-added activity as it will non diminish clients ‘ satisfaction much if eliminated. On the other manus, bringing is a high-valued-added activity as it increases significantly the value of the merchandise to clients. The above pie charts show the per centum cost of activities in order A and B. From the informations in portion B, the merchandising and distribution operating expenses are a‚Â ¤101.88 for order A and a‚Â ¤182.48 for B. The list monetary value of order B is a‚Â ¤400 lower than order A, directors could set the list monetary value of order B somewhat in order to do order B more profitable. Besides, from the charts, we can see that the wadding costs occupy rather a big part of the entire operating expenses in both order A and B. As wadding is a comparatively low-value-added activity, WWonka could take down the wadding cost for illustration by utilizing cheaper or recycled wrapping stuff and go more environmentally friendly. Furthermore, WWonka could buy larger bringing vehicles which can transport more bundles in one clip. This could cut down the clip of going back to the house and shortens the bringing clip. Furthermore, in order B, the specific bringing distance is 48 stat mis which is about 5 times of order A ( 10 stat mis ) , it might be inefficient if present both A and B together by utilizing the same vehicle. WWonka could present order A & A ; B individually in order to use the bringing vehicles more expeditiously. In add-on, the other operating expenses contribute a high part of the operating expenses every bit good. These cost may deduce from reviews, blessings and rework. These activities can be eliminated by quality confidence methods such as ISO 9000 and entire quality direction. These can keep the quality of cocoas and some of the costs can be eliminated or reduced. Finally, WWonka can better public presentation and cut costs by concern procedure reengineering, the reengineering squads can utilize the informations in portion B and reengineer the procedure and do betterments in every facets. Through activity-based direction, directors can better efficiency and effectivity of the organisation and increase profitableness and fight. vitamin D ) Activity-based bing brings many benefits to the company. However, it is non the optimum costing system for every organisation. Generally, ABC is effectual for organisations that have intensive competition, diverse scope of merchandises, operating expenses are the chief cost of the merchandise and high handiness of information aggregation processs and resources. For individual merchandise houses, all costs are attributed to the individual merchandise straight, the operating expenses consumed by each merchandise are comparatively similar or equal and will merely creates small deformation of costs when utilizing volume-based-costing system. It is non worthwhile to run ABC. However, when there is a high diverseness of merchandises, ABC calculates the costs more accurately than volume-based costing. In a merchandise mix company, every single merchandise has different parts in ingestion of operating expenses because of different merchandise size, complexness, setup clip and procedure. Each single merchandise ‘s usage of resources differs from the usage of volume-based cost drivers so that it can non mensurate by the volume-based-costing systems. Otherwise, it may hold cost deformation and cause important errors in determination. Hence, ABC is effectual for merchandise mix instead than individual merchandise house. Besides, cost construction is a standard to make up one's mind the effectivity of a costing system. ABC will be most effectual when operating expenses have a important part of entire cost and big portion of the costs is non related to production volume straight. For illustration, in an accounting house, supplying professional services to clients is the chief occupation of the company. Wages are the largest cost while indirect costs merely constitute a low proportion of the entire costs. In this instance, labor costs are the bulk of the entire cost and ABC is less preferable as the costs could be traced easy. In contrast, a fabrication house will hold wholly different cost construction. The indirect operating expenses have a high proportion of the entire costs. For these types of houses, ABC is more effectual because the volume-based costing system causes inaccuracies in delegating costs and has negative impact on the company. Furthermore, the handiness of information aggregation processs and resources is one of the factors as good. In order to run a sophisticated ABC system, it needs plentifulness of financess and clip. Therefore, companies need to hold sufficient resources such as capital and professional technicians to run ABC. Furthermore, companies need to make research to construct up a set of singular processs for the system. If a company does non hold proper processs to roll up information that the system needs, it would non work decently and direction can non do the best determination and betterment for the house suitably. Therefore, insufficient of information can non ease an first-class activity-based costing system. The more information the company collects, the easier to put up the system and run more efficaciously. However, on the other manus, ABC system will non work successfully if the company does non hold sufficient information in puting up the processs. Hence, handiness of information is of import to impact the effectivity of ABC. To sum up, high handiness of informat ion aggregation processs and resources would ease an effectual ABC and frailty versa. In decision, activity-based costing system reduces deformation of costs and outputs information for direction to steer decision-making. Therefore, although implementing and ABC system is clip devouring and expensive, it is still worthwhile to run as the benefits from ABC normally exceeds the cost of put ining the system.

Martin Luther And The Catholic - 1550 Words

The 16th century was when Christianity branched off into several divisions in Europe, which posed a challenge to the main religion of the world, Catholicism, as well as European politics. There are many historical figures who played a role in this transformation, but Martin Luther is one of the more significant figures. This paper is about how Martin Luther, a catholic German Monk, played a substantial role in influencing the religion of that time and initiated the Protestant Reformation. Martin Luther affected the Catholic Church, which was the major religion in Europe at the time, with his deep-seated beliefs on indulgences and how you can find your own salvation without aid of the Catholic Church or the Pope. After Martin Luther was tried at the Diet of Worms, he was excommunicated; during this time of excommunication, he formed his own religion that brought about the Protestant Revolution. Martin Luther’s role in history is significant because: 1) the Catholic Church’s political and religious power was largely unquestioned up to this point; 2) the Catholic Church was always right because of its political and military power; and 3) the reason this man is so important is that Martin Luther is one of the few people who had the audacity to stand up against what he viewed as the corruption of the Catholic Church. Martin Luther Martin Luther was born on November 10, 1483, in what is present day Eastern Germany and died on February 18, 1546. Martin Luther experiencedShow MoreRelatedMartin Luther And The Catholic Church1724 Words   |  7 PagesMartin Luther Martin Luther was arguably one of the most important figures in the entire history of Christianity. If the creation of the Lutheran Church was not enough of an accomplishment, he can also be credited with orchestrating the division of the Catholic and Protestant churches. 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Hearing what people were saying about the Roman Catholic Church reformers such as Martin Luther, Henry VII, decided to take matters in their own hands and find a way to reform. Martin Luther was a German professor who then decided to become a priest in 1507. He was against indulgences in which people believed forgave all sins that were committed. As a result, Luther wrote â€Å"Ninety-five ThesesRead MoreThe Catholic Church Follow After Martin Luther Essay1086 Words   |  5 Pagesfollow after Martin Luther, meaning they do allow Priest who are not married to marry. They do not impose celibacy at all. b) The Orthodox Church does not refute a celibate priesthood, that is after all why the priest-monks (monks that are also priests) exist. Celibacy is on a voluntary bases and never to be forced upon anyone. c) The Catholic Church does impose celibacy on its priest. Recently some of Eastern Catholic Church have allowed for their priest to marry. The Latin Roman Catholic Church onRead MoreMartin Luther : Cuts All Ties With Catholic Church1712 Words   |  7 PagesDecember 2015 Martin Luther: Cuts All Ties with Catholic Church I. Introduction Whether you believe in a higher power or not, religion has impacted our lives in some way. Vice versa, people can make an impact on religions and transform them to what we know today. Take for example Martin Luther. He was a man looking to simply reform the Roman Catholic Church and its preaching’s because he disagreed with it. With his many ideas, strong will, and criticisms, he forever changed the world. Martin challengedRead MoreRoman Catholic Church Reformation: Martin Luther Essay702 Words   |  3 Pagesreformation when Martin Luther Posted up his Ninety-Five Theses on the door of the Roman Catholic Church and published in Wittenberg, Germany. The Reformation Became the Basis for the founding of Protestantism, one of the three major branches of Christianity. 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