(choose one from the films or novel (1)Monica Ali's Brick Lane Essay

(choose one from the films or novel (1)Monica Ali's Brick Lane (2)Andrea Levy's Small Island Movies (3) Dirty Pretty Things - Essay Example As cultures influenced one another, social thought has changed and evolved, creating a connectivity between location and philosophical social construct. Geography and Culture Simply put, geographical location does not provide the context that is needed to understand a culture. Cultural identity is formed by the family and community that influences the philosophical thought of an individual, which is then expanded through the influences that press upon those ideals in order to shift and morph them into new concepts of world understanding. It must be understood that these influences begin to filter through a culture, changing it and evolving the socialization that occurs through each generation. In other words, migration becomes a part of the identity of everyone within a culture. The transnational links that occur as migration becomes relevant to the existence of socio-economic stability, or at least to the increases to unstable socio-economic circumstances, must be recognized for the ir relevance to the moving to locations that represent new opportunities. Colonialism provided for both the destruction of social systems and the introduction of Western ideals in such a way as to transform the socio-economic structures of the regions in which the British Empire stretched its rule. Through the destruction of relatively isolated cultures with the imposition of Western ideals that took land and valuable resources away from the indigenous populations, the expansion into global concepts of social integration was sometimes the only way in which to find new ways in which to live and thrive within the human existence. The reach of the British Empire through colonization created a mobile workforce that still exists through the effects of that colonization effort that imposed the will of the British people on those whose power was not such to stop their expansions. As an example, the Bangladeshis are still under the influence of the migration that was imposed upon them as th eir people were shifted for the value of their labour to other locations, this sense of dislocating from their home origin now a natural part of their socio-economic structure. An average of 200,000 people leave Bangladesh annually, searching for Western methods of survival that have changed the stability of their originating methods of sustaining their life. Approximately one million people who have migrated from Bangladesh and currently live in other countries through legal immigration currently send 3.8 billion back into the country, their transactions coming from a shifting number of geographical locations much of it represents the proceeds from migrant and nomadic workers who follow the work (Wemyss 2009). One of the time periods in which migration from colonized cultures spiked was post-World War II. The British Nationality Act of 1948 honored the nations that had provided soldiers for the British war efforts in giving them status as ’commonwealth citizens’, whic h was not a new status, but one that was officially recognized with the act. While there were appreciated differences between British subjects and ’

Love the importance of internal control in auditing Research Paper

Love the importance of internal control in auditing - Research Paper Example The auditor may obtain this level of assurance by performing audit procedures. The audit procedures to be performed are designed in the light of size and complexity of the entity. These are also affected by the auditor’s assessment of the risk of material misstatement and the auditor focuses on the areas where the risk of material misstatement may be present. The risk of material misstatement is the function of the inherent risk and the control risk. Inherent risk is defined as the susceptibility of financial statements and assertions therein to misstatements which are material in the context of the financial statements. On the other hand, control risk is defined as a risk that the financial statements and assertion therein may susceptible to a material misstatement which are not prevented, or remain undetected and uncorrected by the internal controls of the entity. To respond to the assessed control risks, the auditor performs test of controls. The understanding of the design ed suitability and functioning of the internal controls helps the auditor in responding to those risks. It also helps the auditor to obtain reasonable assurance that the entity is achieving the financial reporting objectives. Thus, to assess the risk of material misstatement at overall financial statements level and at assertion level, it is essential for the auditor to obtain an understanding of the internal controls of the entity. Internal control is defined as a process designed to provide the auditor, whether internal or external to the firm, with a reasonable assurance that the company is achieving its objectives. The internal controls are affected by management, those charged with governance and other personnel of the entity. (Koutoupis & Andreas, 2007, p. 23, 25, 27). The implementation and maintenance of effective internal controls is the responsibility of the management. It is also the responsibility of the management to ensure that the controls designed and implemented by the management are achieving the desired objectives. The management should also assess whether the controls over financial reporting are reliable and whether any frauds may be detected by the internal controls in operation. The management shall also assess whether the employees of the organization comply with laws and regulations relevant to the entity. This usefulness of internal controls makes it necessary for the entity to continuo usly and consciously evaluate the effectiveness and appropriateness of internal controls. A good and effective management always assess the effectiveness of internal controls on a periodic basis. Such evaluations help to pinpoint any deficiencies occurred in the controls during the period. It also helps to improve the internal controls efficiency and effectiveness in the changing circumstances. The practice of self-assessment of controls has emerged in the past decade. (Dietz & Donna & Snyder & Herbert, 2011, p. 35-40). Through this tool, the management has taken the responsibility for evaluating and improving internal controls. This evaluation is also considered important while designing new or additional internal controls. However, the method of designing of new controls is more or less same with the evaluation of the entity’s existing controls. Firstly, the entity identifies the reporting