Saturday, February 15, 2020

All forms of government welfare should be abolished Essay - 1

All forms of government welfare should be abolished - Essay Example Moreover, most of government welfare initiatives fail the test of providing long-term solutions to economic challenges facing society, thus encourage a persistent culture of reliance on others and loss of productivity. 3. What is your position regarding the topic? My position is that government welfare programs should be abolished. 4. What â€Å"evidence† have you offered to support your claim/position? Have you included your survey results? A lot of Americans were dissatisfied with the management of the program, claiming that the beneficiaries of the programs were misusing the welfare funds by staying idle, and having bigger families in order to receive more aid (Sheely, 2012). Others refrained from marriage so as to be eligible for more benefits (Greenberg, Ashworth, Cebulla, & Walker, 2005). These are clear signs of abuse, which basically call for the abolition of the government welfare. 5. Put your claim/position and â€Å"evidence† through the â€Å"Scientific Met hod† and â€Å"Proving a theory† steps. Are there any steps on which your claim/position and evidence do not measure up to the examination? If so, what can you do to make them more acceptable? Firstly, despite the significance of the welfare reform initiated in the mid-1990s, states are still struggling to curb the exploitative nature of the policy upon the productive segment of the economy. Greenberg et al (2005) indicated that more than half of people covered in the programs do not deserve the benefits. The current legal safeguards do not seem to offer long-lasting solutions to these ills at all. Many women have persisted with their habit of having many children in order to enjoy more benefits from the program. Moreover, the hefty annual benefits amounting to $7,000 is costly, especially where the beneficiaries channel the money elsewhere other than for a child’s upkeep (Grogger, Haider, & Klerman, 2003). This means that if such benefits were eliminated, chance s of women having children for purposes of benefitting from the cash would be very slim (Sheely, 2012). Secondly, as Gelman (2008) has pointed out, government revenue mainly generated from taxation of the salaries of the working class end up funding the more than a $746 billion welfare budget in 2010 (Guzman, Pirog, & Seefeldt, 2013). It is apparent that the social security fund is an area where hardworking citizens are disenfranchised to offset the needs of the supposed persons in need of services. The moneys collected from the social security fund do not amount to credible benefits for retirees. The funds are channeled to undeserving individuals who do not work hard to earn a living at all. In view of this, it is unfair for government to sustain the welfare programs because most of the beneficiaries are not willing to work hard, despite the existence of economic opportunities in the country (Grogger, Haider, & Klerman, 2003). The channeling of funds into wrong hands calls for the need to reexamine the clear definition of a needy individual. 6. Who is your intended audience? My intended audience is the government, especially the lawmakers and the working class populations because they hold the key to the abolishment of the legal structure which support welfare programs. 7. What is your purpose? What do you want the audience to do, to feel, or to think? Congress and the working class should be cognizant of the waste and work towards the realization of a change of laws as a way of making the economically

Sunday, February 2, 2020

Forensic Accountants as Fraud Buggers Case Study

Forensic Accountants as Fraud Buggers - Case Study Example A forensic accountant must be equipped with investigative skills. These skills are important in gathering, evaluating and analyzing accounting data and audited information from business organizations (Ramaswamy, 2010). It is through these skills that a forensic accountant will be able to determine possible discrepancies and loopholes within audited accounting data and information (Carnes & Gierlasinski, 2001; DiGabriele, 2008). The effectiveness of a forensic accountant is measured by the ability to apply investigative skills to interpret accounting information and financial evidence to back misappropriation of resources within a business organization or company (Fleming, Pearson, Riley & Richard, 2008). Fraudsters within companies and business organizations often devise methods of embezzlement or fraud that are hard to detect. It is in this regard that a forensic accountant must have effective investigative skills to detect accounting problems which would not be determined by ordina ry auditing and accounting approaches (Bawaneh, 2011). Investigative skills also allow a forensic accountant to adhere to the ethics and regulations that govern investigations of criminal cases. Computing or technical skills are required for an effective forensic accountant. This is due to the fact that contemporary companies and business environments have adopted and implemented information technology methods in accounting and finance (Fleming, Pearson, Riley & Richard, 2008).... This is due to the fact that contemporary companies and business environments have adopted and implemented information technology methods in accounting and finance (Fleming, Pearson, Riley & Richard, 2008). Through computing skills, a forensic accountant is able to retrieve, analyzed and report financial evidence in electronic formats (Topping, 2008). More importantly a forensic accountant must be able to apply computer software and applications and other computer assisted tools to detect fraud or embezzlement of resources within companies (Fleming, Pearson, Riley & Richard, 2008). Modern business organizations are characterized by what is referred to as white collar crime in which technology is used to defraud or embezzle resources and hide evidence. It is in this sense that computing skills of a forensic accountant become significant (Carnes & Gierlasinski, 2001). Litigation skills area also required for effective forensic accountants. These skills are significant in the role of a forensic accountant as an arbitrator or mediator in legal accounting problems. These skills are also important because they enable forensic accountants to be effective experts and credible consultants who could be used by companies to detect and report fraud or embezzlement of resources. Through litigation skills, forensic accountants are able to evaluate damages and losses and find ways of resolving disputes among the disputants (Topping, 2008). Other important skills of a forensic accountant include analytical and forensic skills. Effective forensic accountants must have analytical skills that will empower them to determine the importance of the gathered financial evidence in reporting fraud (DiGabriele, 2008). Through analytical skills, forensic accountants analyze and professionally