Using the Assessing Audit and Business Risks PDF document attached.

Write a report/cohesive analysis (using all the guidelines specified for writing reports in this course) answering the following questions:

    What are the significant business risks that you have identified for the Toy Central Company, why do you consider what you have identified as business risks, and why do you believe that they are significant (discuss the impact of the risk)?
    What engagement issues (non-business risk issues) have you identified, why do you believe that these are issues, and who are these issues for?
o    Label or identify whether each issue poses a risk to the Responsibility, Performance or Reporting Fundamental GAAS Principles
o    Label or identify whether each issue is an audit, internal control, inherent or detection risk (label the type of risk in your discussion).

Your relevant authoritative guidance MUST come from the PCOAB auditing standards. (Needs to be cited accordingly and MUST state which standard number is being used)

PCAOB Auditing Standards Available at: www.pcaobus.org

All references and citations MUST come from the 3 links below:

SAS 142 Available at: https://www.aicpa.org/content/dam/aicpa/research/standards/auditattest/downloadabledocuments/sas-142.pdf

PCAOB Auditing Standards Available at: www.pcaobus.org

Audit Standards Board Available at: https://www.aicpa.org/research/standards/auditattest/asb.html

After reading Chapter 1 Wiesner:

Discuss your impressions of the Ancient Near East.  How important are geographical features, rivers, mountains, etc. to the nature of ancient civilizations?  What are some of the common features of these ancient societies, and what are some of the significant differences?  Discuss the ways in which water and the movement of water defined ancient cultures.

A) Choose one (1) concept from the list of “Key Concepts,” and:

Key Concepts:

autarky
imports
exports
absolute advantage
comparative advantage
terms of trade
tariff
quota
infant industry
dumping

1. Illustrate (in words) the concept by using it in an analogy or a metaphor. Your response must contain at least 2 elements;

    The analogy or metaphor
    A brief explanation of why you see a parallel between the two things you are comparing

2. Use the concept in a contextualized and specific question. In other words, you are being asked to compose a question using the concept. To provide context, the question may be preceded or followed by a brief statement, but your response (meaning your concept question and statement) must have at least 5 elements;

It must contain a question
The question must explicitly use the concept
It must be a question that inquires about the relevance or importance of the concept
It must ask about an specific situation from the real world
It must use data or information (numerical figures, dates, names, locations etc.) from one or more the following sources;
Textbook Section Titled “Issue”
Textbook Section Titled “By the Numbers”
Textbook Section Titled “Around the World”
News Article from http://www.economist.com/
News Article from https://www.bloomberg.com/

B) In your own words, answer the following question. What is the difference between an infant industry and a key industry? Why do producers in both industries desire protection against foreign imports?

C) In your own words, answer the following question. Describe the difference between fixed and flexible exchange rates.

A) Choose one (1) concept from the Chapter Section Titled “Key Concepts,” and:

Key Concepts:
subprime mortgage
collateralized debt obligation
leverage
credit default swap
Phillips curve
inflationary expectations
stagflation
adaptive expectations
rational expectations
efficiency wage theory
monetized debt
automation
jobless recovery

1. Illustrate (in words) the concept by using it in an analogy or a metaphor. Your response must contain at least 2 elements;

    The analogy or metaphor
    A brief explanation of why you see a parallel between the two things you are comparing

2. Use the concept in a contextualized and specific question. In other words, you are being asked to compose a question using the concept. To provide context, the question may be preceded or followed by a brief statement, but your response (meaning your concept question and statement) must have at least 5 elements;

It must contain a question
The question must explicitly use the concept
It must be a question that inquires about the relevance or importance of the concept
It must ask about an specific situation from the real world
It must use data or information (numerical figures, dates, names, locations etc.) from one or more the following sources;
Textbook Section Titled “Issue”
Textbook Section Titled “By the Numbers”
Textbook Section Titled “Around the World”
News Article from http://www.economist.com/
News Article from https://www.bloomberg.com/

B) In your own words, explain why inflation accelerates if policymakers use monetary policy and fiscal policy to keep unemployment below the natural rate.

Complete this midterm essay examination by responding to four of the following five questions:

1. Is it possible for the U.S. Government to employ dual-use, all-hazards systems to protect U.S. transportation systems and critical infrastructure? Provide an example of a dual-use, security/safety system for both a transportation system and a component of critical infrastructure that would address the risk of terrorism and other non-intentional hazards (either man-made or natural).

2. Is the function of homeland security maintained wholly by the Department of Homeland Security, or is this function shared among other governmental and nongovernmental agencies? Explain your answer and give examples.

3. Do you believe that the Director of the Office of National Intelligence will ever be able to reverse decades of cultural differences and turf battles between the various intelligence agencies of the U.S. Government? Why or why not?

4. Is the U.S. government doing enough to protect the borders of the country? In your opinion, is this the most important element of preventing terrorist attacks within the country? Can you name any shortfalls that exist with regards to border security in the United States that could be exploited by terrorists? Provide references to support your opinion.

Keep the following in mind when completing this midterm essay examination:

1.When developing your answers, remember, you must include (cited) facts to support the major points in your response. Your responses should not include continuous citations without your thoughts and analysis also. Rather, your responses must reflect a balance between facts and your perspective on the points you made.

2. Your responses to each of the examination questions should be a minimum of one page and a maximum of two pages in length, double spaced, and written in 11-point Arial font or 12-point Times New Roman.

3. Include the question you are responding to immediately before each answer.

3. Include a title/cover page.

4. Just a reminder: Include some cited references and format them in the American Psychological Association (APA) writing style (6th edition).

5. Submit your exam in one MS Word document and place it in the appropriate assignment dropbox for grading.

II.    Read the essay Why Study History Through Primary Sources in the Introduction to Historical Sources folder in the Course Documents tab in Modules.

        http://www.fordham.edu/halsall/source/robinson-sources.html

III.            Read either (or both if you would like) Peter Stearns or Donald Kagans essays on the importance of history.  (Located in Modules – the Course Documents area – in the Essays on the Study of History folder).  Feel free to listen to or watch the audio and video sources in this folder as well. 

Write a brief essay (1-2 pages) on the significance of the study of history in general and/or your interest in history in particular.  Be sure to incorporate evidence from your readings in your essay.  In other words, be certain that your essay demonstrates that you have read and understood the sources above.

Submit your answer as an attached single file

Reflective Essay

Task: Explain how the process of completing your research project has affected your understanding of an issue or event in society.

Length:  At least 1200 words

Sources: No minimum number of sources. Cite any sources you use in APA format.

Outcomes you should achieve by completing this assignment

Organize information clearly in an explanatory essay (Course outcomes 1 and 2)
Use an introduction paragraph with a thesis statement and a concluding paragraph to frame an essay (Course outcomes 1 and 2)
Demonstrate accurate grammar and mechanics in writing (Course outcome 3)
Topic

You began your research project by reading an article from the news about a current issue or event in society. Your goal in this essay is to explain to your professor how the research and writing you have done for your research project changed your understanding of that issue or event. You will explain what changes occurred in your understanding and how those changes occurred.

Here are some questions you can consider in developing ideas for your essay:

What changes occurred in your understanding?
Do you know more about the issue/event now than you did before? (Probably!)
Do you look at the issue/event from a different perspective following your research?
Have you reconsidered opinions or assumptions that you held at the beginning of the semester?
How did those changes occur?
Which sources from your research had the greatest effect on your understanding?
Did the process of writing about your topic affect the way you thought about it?
What role did interaction with your classmates and/or professor play in your understanding of your topic?
Organizing and supporting your essay

Your essay must include an introduction, body paragraphs, and a conclusion.

The introduction should gain your readers attention, orient the reader to your topic, and state your thesis.

The body of the essay should include focused body paragraphs in support of your thesis statement. There are various ways you might choose to organize information in the body of your essay. Here are some suggestions you can consider:

You might focus each body paragraph on a step of the research process and how that step affected your understanding of the issue/event.
You might focus each body paragraph on your understanding at a particular time relative to the research process (before, during, after).
You might focus each body paragraph on a particular aspect of the issue/event and explain how your understanding of that aspect developed during your research.
The essays conclusion should answer the question So what? by placing the essays explanations into a larger context. To accomplish this, you can consider addressing one or more of these questions:

Will your current understanding of your event/issue affect your future actions or decisions? If so, how?
What lessonsabout interpreting current events, about your field of study, about the research processcan be drawn from the experience of completing the research project?
Is research of the sort done in WRTG 112 a worthwhile activity? Why or why not?
Point of view

First person (I/me/my) is appropriate in this assignment, but second person (you/your) should be avoided.

Formatting your assignment

Incorporate these elements of APA style:

II.    Read the essay Why Study History Through Primary Sources in the Introduction to Historical Sources folder in the Course Documents tab in Modules.

        http://www.fordham.edu/halsall/source/robinson-sources.html

III.            Read either (or both if you would like) Peter Stearns or Donald Kagans essays on the importance of history.  (Located in Modules – the Course Documents area – in the Essays on the Study of History folder).  Feel free to listen to or watch the audio and video sources in this folder as well. 

Write a brief essay (1-2 pages) on the significance of the study of history in general and/or your interest in history in particular.  Be sure to incorporate evidence from your readings in your essay.  In other words, be certain that your essay demonstrates that you have read and understood the sources above.

Submit your answer as an attached single file

Answer the following questions based upon your current knowledge of your field of study(Accounting).  These answers should be based upon your knowledge of your own field of study combined with the public and private goods as covered in this course.  These are your opinions and should reflect thoughtful consideration of the topic.  Your  answer should be at least one page but no more than two pages.

Review the two articles below:
http://www.chronicle.com/blogs/innovations/is-education-a-public-good-or-a-private-good/28329

In your own words, explain if education is a public or private good.  This is your opinion and as such there is not wrong or right answer.  Be sure to define externalities, negative and positive spillovers, and what it means for a thing to be non-rivalrous and excludable.  Be sure to address whether you feel for profit education is a net positive or negative thing for society.

Topic

In his Symposium, Plato images a glittering array of Greek artists, thinkers, and leaders dedicating their time to praise the god Eros. In Greek thought, eros did not just mean sexual passion but included any of the bodily desires such as hunger and thirst. However, the men at this drinking party are largely concerned with sexual passion. They also celebrate pederasty besides homosexuality. Athenian culture had developed a social system that encouraged relations between younger and older men, with which Plato disagreed. In The Symposium, Plato will wrestle with Eross power, subdue it, and put it in the service of virtue.

Writing Assignment

Respond critically to the following question:

“What did you find interesting about Platos The Symposium, and why?”

Directions

-Please type three pages of double-spaced
-Times New Roman, 12-point font
-One-inch margins
-Include an original title.
-Include quotes so that I can identify what specific words or ideas you are responding to.

Tips

Responding critically means you look closely at logic, rhetoric, theory, metaphor, analogies, symbols, language, gender, structures, opinions, beliefs, feelings, the mind, the setting (the context), the culture, and any other linguistically charged letter, word, or phrase to analyze a specific word, phrase, topic, sentence, paragraph, speech, dialogue, quote, or short passage.

-Begin by introducing the author, the title of the text, and a summary of what you think the overall meaning of the text is.
-Then, as you move into the body of your reader response narrow your focus to the point you found interesting in The Symposium.
-Remember to provide specific evidence from the text; dont rely on routine responses (i.e. avoid saying or repeating that you found this point interesting without telling me why.
-And when you explain why, take your time to develop your ideas. Dont assume your reader will believe you if you just explain why something is interesting in a few words.)
-If you get stuck when writing, give yourself a break. Walk away from your work for a bit, have a stretch, close your laptop, discuss out-loud what you want to write, talk to someone about your ideas and have that person ask you questions that will challenge your opinions and assumptions until you feel confident that you discovered the words you want to use.