Sunday, December 29, 2019

Many Have Long Argued That Prohibition Simply Does Not

Many have long argued that prohibition simply does not work. ( ) Today, the strict policy on cannabis is reinforced by severe punishment. In reality, police forces have been growing more lenient to cannabis use, prioritising more pressing areas, indicating a change in law enforcement attitude to the drug. ( ) This may also suggest a change in social culture. The flaws of prohibition are present today regarding the so-called ‘War on Drugs’. People who are otherwise innocent are swept into the criminal justice system because of cannabis use. (6) Thus, they face the problem of a criminal record and may even become involved with harmful activity whilst in the criminal justice system. This situation has wrongly allowed cannabis to be a powerful†¦show more content†¦Naturally, a large part of why people are anxious about cannabis use in the population is based on commonly held beliefs and phrases. This should remain separate when thinking logically about the issue at hand, it is unfortunately rarely the case. A more cynical view as to why cannabis has remained illegal over so many years is that it is simply not politically safe to do so. For a government to take a controversial stance, such as decriminalisation of cannabis, they risk losing the backing of a large proportion of the population. If there is truth to this, then it is a failure of the government as it may have ultimately affected the debate in more ways than one. It could be that the current evidence base has been influenced by the justification of current policy. For example, there may have been an underlying emphasis on finding results that suggest there is a link between psychosis and cannabis use. The deeper impact of this may be a cycle of animosity towards the drug leading to an ingrained cultural view of cannabis. This, in turn, may have been an additional barrier to legalisation thus far. Thus, it is important for emotion to be kept separate from the argument. If we were to attempt to alter current policy, social barriers like these may pose a challenge for advocates of decriminalisation. It is known that cannabis, like many drugs, has addictive properties and can lead to cannabis use disorder. In an epidemiological survey in 2012 to 2013, it wasShow MoreRelatedEssay on Case Analysis Texas V. Johnson1292 Words   |  6 PagesSUPREME COURT OF THE UNITED STATES ________________________________________ 491 U.S. 397 Texas v. Johnson CERTIORARI TO THE COURT OF CRIMINAL APPEALS OF TEXAS ________________________________________ No. 88-155 Argued: March 21, 1989 --- Decided: June 21, 1989 This case analysis of Texas v. Gregory Lee Johnson was a Supreme Court case that overthrew bans on damaging the American flag in 48 of the 50 states. 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Saturday, December 21, 2019

Econ312 Week 6 Paper - 611 Words

What is the current macroeconomic situation in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time? From what is supposedly being shown in papers and on the news the U.S. economy is currently concerned about unemployment, caused by the recession. This â€Å"current macroeconomic situation† is pardoning my language freaking a lot of individuals out, because some have no idea of how it is going to get better. The news/media is not painting us such a pretty picture of it, by calling it â€Å"this decade’s depression†. The unemployment rate is at 8.2% as of July 2012, whereas the average in 1948 was at 5.6%.†¦show more content†¦The Federal Open Market Committee (FOMC) is a 12 member committee that makes decision for the US Federal Reserve; they are trying to stimulate the economy through printing money and purchasing treasuries. Loans are another tricky business, but tax breaks for big businesses and the wealthy that give incentives to create jobs and stimulate small business growth I think could help get the U.S. in proper motion again. How ever, I heard this would come at the cost of upsetting the middle class, which I can’t very well understand at this time, mainly because I’m at the end of that totem pole currently. But I always thought that the middle class was partially behind helping small businesses so maybe someone can explain that to me. This expresses terms of the U.S. current economic status and possible ways they’re trying to get back on track. References 1. United states gdp growth rate. (2012, July 27). Retrieved from http://www.tradingeconomics.com/united-states/gdp-growth 2. United states gdp growth rate. (2012, August 15). Retrieved from http://www.tradingeconomics.com/united-states/inflation-cpi 3. Levin, A. T., Johannsen, B. K., Beechey, M. J. (2011). Are long-run inflation expectations anchored more firmly in the euro area than in the united states?. American Economic Journal: Macroeconomics, 3(2), 104 - 129. doi:

Thursday, December 12, 2019

Audit Case Payment Accomodating

Question: Describe about the Audit Case for Payment Accomodating. Answer: A: The main risks that have been identified Overlook Video Stores Inc, are depicted as follows. Problems in accommodating the refusal of payment, which generates from no late fees payment scheme Problems in detecting individuals, who are yet to return the DVD to an OVS store. Transferring inventory-DVD for rent to inventory previously viewed DVDs for sales Problems in website and printing wrong shipping report The identified risk might mainly reduce the efficiency to the company and in turn hamper the overall profitability, which might be generated from online rental and sales. Bondar (2016) stated that identified risk mainly helps companies to reduce the negative impact on its operations and maintain the level of productivity, which might improve its overall profitability. B: Overlook Video Stores Inc for addressing the risk assessment identified for the company could use risk assessment interim and financial audit approach. This interim audit process could be used for identifying the operational disparity in the company. The financial audit approach could also be used in addressing the monetary risk of the company. C: Materiality of Overlook Video Stores Inc needs to be evaluated, which might help in depicting the adequate financial position of the company. In addition, the materiality engagement mainly allows the auditor to prepare material aspect, which could provide viable audit report. D: The main account specific risk as discussed below. Non-payments of DVD rental and price is mainly depicted as the specific account risk, which might hinder profitability of the company. Risk from three-year subscription plan The overall identified risk might mainly hamper the overall misstatement of the company, which in turn might hamper the audit report. William, Glover Prawitt (2016) stated that account specific risk mainly decreases the efficiency of the financial report of the company. E: Figure 1: Depicting the test procedure for identified risk (Source: ) With the help of figure 1, the overall procedure for testing the risk could be effectively conducted. In addition, the VOOP acronym procedure mainly allows auditors to conduct test, which might portray intensity of the identified risks. Budescu, Peecher, Solomon (2012) stated that defined test allows auditors to evaluate the maximum misstating, which might be conducted by companys accountants. F: The website developed by Moonwatcher Web Designers has certain flaws, which has been tampering with the operations of OVS. The new IT system used by the company has the following weakness. Increase number of server crashes, which are not controlled by MWD Wrong addresses printing conducted by the software Continuous augmentation of bug, which decreases efficiency of the online platform The above-depicted weaknesses mainly hamper the operational capability of OVS, which in turn affect its profitability. Furthermore, MWD was mainly paid 8.5 million for the development of website, which always needs tweaking and readjustments. Griffin (2014) mentioned that problems in online presence mainly reduce ability of the company to continue its flow of operational and attract potential customers. Reference: Bondar, Y. (2016). Materiality of Established Errors in the Audit of Agricultural Business and Its Relationship with Documenting of Audit Procedures.Accounting and Finance, (1), 146-153. Budescu, D. V., Peecher, M. E., Solomon, I. (2012). The joint influence of the extent and nature of audit evidence, materiality thresholds, and misstatement type on achieved audit risk.Auditing: A Journal of Practice Theory,31(2), 19-41. Griffin, J. B. (2014). The effects of uncertainty and disclosure on auditors' fair value materiality decisions.Journal of Accounting Research,52(5), 1165-1193. William Jr, M., Glover, S., Prawitt, D. (2016). Auditing and Assurance Services: A Systematic Approach.Auditing and Assurance Services: A Systematic Approach.