Become an Entrepreneur While Youre Still a Student

Become an Entrepreneur While Youre Still a Student School life can get really chaotic. With going to classes, composing papers, playing sports and going to club gatherings all while attempting to crush in a public activity, it may appear the most exceedingly terrible opportunity to begin a business. Be that as it may, it’s perhaps the best an ideal opportunity to investigate your pioneering soul! Consider it: in school you have all the assets you need directly readily available, for nothing. From getting business exhortation from your Economics educator to sourcing your ability directly in your patio to having an instant customer base surrounding you. It truly doesn’t show signs of improvement than this. So how would you really begin a business in school? Here are a few hints: What Are You Good At? Assess your abilities. Is it accurate to say that you are a social butterfly, great at seeing the master plan and appointing to other people? Or on the other hand would you say you are more involved, constructing your manifestations from the base up? What are you acceptable at? What’s the core of your business? Assess Your Idea Is there a business opportunity for this administration/item? What assets do you need so as to execute it? What assets do you have? What number of individuals will you have to utilize so as to breath life into the thought? What’s the time span to execute your thought under the ideal conditions? Are there any lawful impediments or downside you can envision? Is it accurate to say that anyone is else offering a comparative help? Make a Business Arrangement Once more, an ideal opportunity to search out that Economics teacher or another educator who could assist you with this. A field-tested strategy covers the general thought of your business, examines the current market for it, diagrams your promoting methodology, gives data about administration team’s experience and obligations, talks about the monetary speculation required and evaluates the dangers. Blueprint your field-tested strategy all alone or with the assistance of an educator or other experienced agent. You can likewise utilize an uncommon programming or request that we compose your marketable strategy. Get a Mentor Most colleges have coaching programs through their vocation advising focuses. You could contact a tutor all alone just as if there’s somebody you truly need to work with and whose experience you think will assist you with developing your business. Consider Registering Your Business This is a significant advance in making your business official. You will require the assistance of your tutor or potentially a legal counselor in the event that you need to go this course. The advantages of enlisting are that no one can duplicate your thought without confronting legitimate activity and you will be perceived as an official piece of this industry, permitting you to go to public expos and create business associations with industry pioneers. Investigate Kickstarter Kickstarter is an incredible stage for youthful business people. It shows you the intricate details of grassroots financing and places you in contact with individuals who are taking a shot at comparable ventures. It’s additionally a stage that accomplished industry pioneers use to investigate best in class ability. Get the Word Out on Social Media School grounds are famously online life fixated so exploit that and spread the news through your grounds. You should seriously mull over paying for Facebook advertisements to ensure your business promotions get the consideration you need. Set up your site, register an Instagram account, post photographs and recordings and build up your LinkedIn profile. Internet based life is a significant piece of business showcasing today. Take Classes to Enhance Your Business Knowledge Money and bookkeeping Advertising Financial matters The board Open talking Composing and arrangement Software engineering Don’t Slack You may think that its hard to offset your new business with your classes. Don’t let yourself fall behind in your classes. You may get authorization to utilize your startup for your group undertaking or paper for at least one classes. In all probability, your educators will be steady of your business and need to support your enterprising soul. Turning into a business person during school can be an extraordinary encounter. On the off chance that you’re thinking about it, don’t waver. The assets and backing are ready for whoever gets there first. Picture credit: Photograph by Bloomberg - Getty Images.

Err Task B Your Work Role Essay

Errand B-Your work job Portray the data which should be appeared on your compensation slips/proclamation. Individual data eg. Name and date of birth Complete compensation †your full cover before any expense or National Insurance has been removed Any conclusions which change from payday to payday eg. expense and National Insurance, and what the conclusions are for. The aggregate sum of pay that you will come out with after conclusions National Insurance number Assessment code The assessment time frame Pay rate A breakdown of extra installments like additional time, tips or rewards Identify two changes to individual data which must be accounted for to your boss Change of address Change of bank subtleties Portray the method to follow on the off chance that you need to raise a complaint at work You should initially talk about the complaint with your individual in control or supervisor. This ought to be done in certainty with the entirety of the subtleties being examined so move can be made in the event that they feel this is essential. In the event that your boss can't resolve the complaint, at that point it will be alluded either verbally or recorded as a hard copy to the property holder. On the off chance that you feel awkward experiencing any of the stages alone you reserve the option to have someone else with you at any phase of the strategy. Clarify the concurred methods of working with your boss according to the accompanying zones. Information security †No information or individual data is to be given or offered out to anybody without the customer or the customers closest relative assent. No Data should leave the structure except if assent is given by the supervisor Grievanc e-If anyone has a complaint they should initially talk about this with the home director so it tends to be managed. Peace making If you feel there is pointless clash between workers you ought to go to your chief to examine this. You should discover the purposes behind the contention and on the off chance that it is conceivable to wipe out the contention Anti-unfair practice †You can work with your manager in regards to hostile to separation practice by going to them on the off chance that you believe you are being oppressed by different partners. You ought to have the option to converse with your trough about this with the goal that she can research further and attempt to determine the issue. Wellbeing and security †Employees work with their supervisor in regards to wellbeing and wellbeing by finishing wellbeing and wellbeing preparing set forward by the trough. Secrecy †It is significant that the entirety of the inhabitants individual data is kept secret and not gave to anyone. This is except if earlier assent has been given by the administrator if the inhabitant wellbeing or security is in harm's way if data is kept secret. Whistleblowing †You work with your boss as to whistleblowing by illuminating your administrator regarding any bad behavior that you feel is going on in the home. The chief would then be able to research the case further to choose if and what move should be made. Clarify how your job adds to the general conveyance of the administration gave. As a consideration colleague I feel that my job in the administration gave is essential to keep the occupants cheerful and sound. One manner by which this is done is through close to home cleanliness. By helping occupant to get washed and to state clean this is assisting with keeping them from getting injuries and diseases. Another way I add to the general conveyance is by ensuring the occupants wholesome requirements are being met. This is done through helping individuals to eat and drink who can't do this for themselves. Clarify how you could impact the nature of the administration gave by: Following the best practice inside your job Following the prescribed procedures implies that everything will be done securely thus the occupants won't be placed in any peril. Following the best pracises will imply that everything will be done productively thus this will make the inhabitants more joyful and this will make the nature of the administration better for them. Not doing the prerequisites of your job †Not completing the necessities of your job can put the occupants wellbein g and security in danger. On the off chance that the inhabitants are in danger his will be bringing down the nature of the administration that is given. Depict how your own work must be affected by national factors, for example, codes of training, national word related gauges, enactment and government activities Your own work must be impacted by these national variables since they give you direction on the right methods of getting things done. They additionally set gauges so you can adhere to the measures or attempt to better the norms. Your work should likewise be impacted by them since they give you rules to follow thus you should adhere to these principles inside your work. Recognize two diverse agent bodies which impact your zone of work Care quality commission Depict the job of the two agent bodies you have distinguished CQC is the Government’s free controller of wellbeing and grown-up social consideration administrations. They screen administrations to guarantee that they are satisfying the fundamental guidelines. In the event that fundamental they make a move when gauges are not being met.

Welcome Susan Hockfield

Welcome Susan Hockfield Just got back from the inauguration of MITs sixteenth president, Susan Hockfield. Both of the office cameras were checked out by others, so Ive failed you in the photo department. But Ill try to describe the event for you as best I can. The ceremony took place in Killian Court. It was fairly packed, with much of the MIT community representing, as well as various other folks from Cambridge/Boston and the rest of the world. Things kicked off with the Honor Guard representatives of the MIT Campus Police, who brought in a bunch of flags (USA, Massachusetts, MIT) and positioned them on stage. According to the program, they were accompanied by the MIT ROTC cadets, but I couldnt see them from where I was sitting. Next came the big procession with a LOT of people in academic robes. This included not only key members of MITs faculty and administration, but 63 (by my count) presidents of other colleges and universities including Oxford, Cambridge, Harvard, Stanford, Princeton, Yale, etc. Quite a showing of respect by our academic peer institutions magical. Dana Mead, chairman of MITs corporation, welcomed us all before introducing a shared performance by Gamelan Galak Tika and Rambax. Reverend Amy McCreath (MITs Episcopal chaplain) then offered the invocation a nice passage on the various communities of the world who need MIT and whose voices call out to us. Next, the Chorallaries did a beautiful job of singing the national anthem. Alison Richard (Vice Chancellor of Cambridge University), speaking on behalf of the global academic community, gave President Hockfield a warm and heartfelt welcome. Towards the end she remarked, never again will anyone have to stand up here and welcome the first female president to MIT which received enormous applause from the crowd. Her welcome was followed by a nice performance by the MIT Chamber Chorus. Professor Steven Lerman, the chair of the inaugural committee, took the stage next and officially presented Dr. Hockfield to the community. The investiture followed, led by Dana Mead and assisted by past MIT presidents Howard Johnson, Paul Gray, and Chuck Vest. Finally, the moment wed all been waiting for Susan Hockfields inaugural address. To say the least, it was pretty awesome. Im sure the text will be transcribed at some point, and Ill link to it when that happens. [Edit: its been posted here.] You may remember my post from way back in 2004 when the selection of Dr. Hockfield was first announced. In her first speech to the community, she said I want MIT to be the dream of every child who wants to make the world a better place. Thats still a big part of her mission to get kids involved in science and technology (and by extension, in MITs mission) at as early an age as possible. But today she expanded on that mission and talked about the vast responsibility that the MIT community has to the world. To paraphrase what I took away from her speech: once we become a part of this community, we can no longer just want to make the world a better place; we are compelled to do so. Said President Hockfield, With our expertise in interdisciplinary problem-solving, MIT is uniquely equipped, and obliged, to make a critical difference: to do the analysis, to create the innovations, to fuel the economy and to educate the leaders the world needs now. In that context, and understanding that profound responsibility, I believe MIT must step up to the great global challenges of our day. Its a new era for MIT. And a very exciting one. Anyway, that was pretty much it. The masses then did what we do best at MIT: find and consume the free food. ;-) [Edit: the video of the whole thing is already up! I love how fast MIT is with that stuff you can find it here.]

Hamartia in Oedipus Rex and Death of a Salesman - 834 Words

Hamartia in Oedipus Rex and Death of a Salesman Hamartia is defined as a fatal flaw leading to the downfall of a tragic hero. Aristotle defines a tragic hero to be a man â€Å"who is not completely good and just, whose misfortune is brought out not by vice or immorality, but by some error or weakness.† The three key requirements of Aristotle in regards to a tragic hero are; a high social standing, goodness or moral excellence, or error committed by the hero in unawareness or ignorance. Two quality examples of men that portray Aristotle’s idea of a tragic hero, and who also fit the three main requirements are Oedipus Rex and Willy Loman. Oedipus Rex clearly and without a doubt answers to each of the three requirements laid out by Aristotle is regards to a tragic hero. He is a man of social reputation, and possesses exceptional qualities, but is in no means perfect. It is safe to say that Oedipus’ hamartia is the cause of his own downfall. Willy Loman on the other hand is also considered to be a tragic hero. Like Oedipus, Willy goes through his life, for the most part, blindly, and never really realizes the complete truth of himself. Through his delusional personality, and his continual blindness, Willy’s hamartia is also the main cause of his downfall, where in his case, leads to his death. Through further analysis of both Oedipus Rex and Willy Loman’s tragic flaws, along with literary criticism from Aristotle’s poetics, their hamartia, which ultimately leads them to theirShow MoreRelatedThe Hamartia of Blindness in Death of a Salesman and Oedipus Rex1048 Words   |  4 PagesThe Hamartia of Blindness in Death of a Salesman and Oedipus Rex â€Å"Tragedy is an imitation not of men but of a life, an action†¦Ã¢â‚¬  (Aristotle). Tragedy is not about learning of certain characters, but rather learning about life itself. The inability to confront reality is a matter that takes place both in everyday life and in both plays. Despite the differences in both plays, Death of a Salesman and Oedipus Rex, the theme of being unable to confront reality is revealed through the protagonists’ sharedRead MoreIn Death of a Salesman and Oedipus Rex, pride plays an integral part to the development of the1300 Words   |  6 PagesIn Death of a Salesman and Oedipus Rex, pride plays an integral part to the development of the plot. In each play, the hamartia for both Willy and Oedipus is pride, along with other minor things. Willy’s and Oedipus’ sense of self-worth seems to come from their pride, however misguided it may seem. Pride is the hamarita which connects Willy and Oedipus, in which case pride causes them to live in their past and prevents them from seeing the present, resulting in their tragic ending. For Oedipus, prideRead MoreEssay Death of a Salesman, Tragic Hero. Willy Loman.1503 Words   |  7 PagesTo what extent can Willy Loman be considered a tragic hero according to Aristotle’s rules? Arthur Miller presents his play ‘Death of a Salesman’ in the ancient form of a tragedy. Aristotle has defined his idea of the ‘perfect’ tragedy in his text, ‘Poetics’ (350 BC).Here he suggests that the protagonist must fall from an elevated social standing as a result of a â€Å"fatal flaw† within the character; the fall from the main character creates resolution to the play which is seen as just; finally, AristotleRead MoreSophocles Oedipus Rex as Modern Tragedy Essay examples1184 Words   |  5 PagesOedipus Rex and Tragedy Sophocles’ Oedipus Rex is, in short, the story of a man who unknowingly kills his father and marries his mother. It certainly sounds like a tragedy, doesn’t it? But the classification and definition of ‘tragedy’ are one of the many things widely disputed in the realm of literary studies. So, for the purposes here we’ll use Aristotle’s five criteria of a tragedy: a tragic hero of noble birth, a tragic flaw or mistake, a fall from grace, a moment of remorse, and catharsisRead More Willy Loman as Tragic Hero of Death of a Salesman Essay1519 Words   |  7 PagesWilly Loman as Tragic Hero of Death of a Salesman       Willy Loman, the title character of the play, Death of Salesman, exhibits all the characteristics of a modern tragic hero. This essay will support this thesis by drawing on examples from Medea by Euripedes, Poetics by Aristotle, Oedipus Rex by Sophocles, and Shakespeares Julius Caesar, while comments by Moss, Gordon, and Nourse reinforce the thesis.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Death of Salesman, by Arthur Miller, fits the characteristics of classicRead Moreâ€Å"Aristotle’s Definition of the Tragic Hero and Irony in Tragedy† Oedipus Rex, Othello, and Death of a Salesman3217 Words   |  13 Pagesmisfortune due to some flaw of character or failure to find/some deviation from the moral and righteous path, which is referred to as the hamartia. (Myers) However, he cannot be of paramount virtue or righteousness for this would objectify him, in turn isolating him from human perceptivity and compassion though he must be of high or noble character. The hamartia at some point must be realized by the character and this experience is known as an anagnorisis; it is to be noted that the relationship betweenRead MoreThe Tragic Hero Of Oedipus Rex, And Willie Loman1204 Words   |  5 Pagesunderstand. Were there to be a completely virtuous hero with no flaws, no hamartia, as Aristotle describes it, there would be no sense of catharsis or enjoyment at watching horrible events afflict this perfect person. Conversely, if the individual was fraught with flaws, vices, and moral depravity, it would not be a tragedy; it would simply have been seen as his getting what was coming to him, karma, if you will. Although Oedipus, Othello, and Willie Loman can all be said to fall within Aristotle’sRead MoreTragedy Will Never Be The Same3193 Words   |  13 Pageswomen to the cast comes the addition of more vocal participation. Female characters in the play no longer have to rely on just expression to give off the mood that is supposed to be felt. Lastly, time can be manipulated in modern tragedies. In Death of a Salesman (which we will talk about later) the tragic hero constantly has flashbacks, which would be unavailable in Ancient Tragedies. This is usually done by the lights going black and any sound being cut showing a transition is taking place. Plot in

How to Prepare Carbon Dioxide Gas

These are instructions for preparing carbon dioxide gas (CO2) from calcium carbonate and hydrochloric acid. Carbon Dioxide Reactants Only two materials are needed to make carbon dioxide: calcium carbonate (marble chips)5M hydrochloric acid Carbon Dioxide Gas Preparation Add 5M hydrochloric acid to 5g-10g marble chips. Carbon dioxide gas is released by the chemical reaction.Collect the carbon dioxide from the upward displacement of air in a hood. Carbon dioxide is about 60% denser than air, so it will fill the reaction container. Chemical Reaction 2HCl CaCO3 → CO2 CaCl2 H2O

Comparison of My Last Duchess and the Laboratory Free Essays

Poems ‘The laboratory, the content of the play, from my point of view is about a woman whose partner has left her for another woman. The poet has planned to kill the other woman as she is jealous of her and wants revenge from her ex. We can tell she is jealous of this other woman as she says she’s not little, no minion like me! ’ this shows she is jealous of the woman as she thinks she is of higher status, the words ‘she’s not little’ shows this. We will write a custom essay sample on Comparison of My Last Duchess and the Laboratory or any similar topic only for you Order Now She thinks the other woman is better than she is. We also know she wants to get revenge from her ex as she says ‘he is sure to remember her dying face! ’ here we know she wants revenge as she wants her ex to see the love of his life die as well as suffer, by doing this she will punish both of them. ‘My last duchess, the poem is set during the 19th century. The speaker who is the Duke of Ferrara is giving the tour of his prospective second wife a tour of the artworks in his home. He draws a curtain to reveal a painting of a woman, explaining that it is a portrait of his late wife; he invites his guest to sit and look at the painting. As they look at the portrait of the Duchess, the Duke describes her happy, cheerful and flirtatious nature, which had displeased him. He says, â€Å"She had a heart or how shall I say? Too soon made glad† He goes on to say that his complaint of her was that not only her husband’s presence was that made her happy. Eventually, â€Å"I gave commands; then all smiles stopped together. † He now keeps her painting hidden behind a curtain that only he is allowed to draw back, meaning that now she only smiles for him The two Robert Browning poems I have chosen are ‘The Laboratory’ and ‘My last Duchess’. My initial reaction on reading the laboratory was one of horror and fascination as it tells a tale of a woman scorned. I found it horrifying that a human being could plan in such a cold and calculating way, but I also found this fascinating. My feelings on reading My Last Duchess was pity for the Duke who was narrating the poem as it was clear that his jealousy and insecurity had ruined their relationship. ` Both poems have contemporary relevance, as people today are still intrigued by murder, mystery and tales of unrequited love. It is very obvious that the poems were written in the 19th century though, as some of the language is no longer in use in today’s society for example durst, dared, forsooth and indeed. There are other indications that the poetry was written in the 19th century by the references made to the use of a fan and also the way the poison was prepared using pestle and mortar. ‘Grind away moistens and mash up thy paste, Pound at thy powder-I am not in haste. ‘ The theme of The Laboratory is one of the eternal love triangles. Where the theme in my last duchess would seem to be about an obsessive yet insecure lover. The similarity would be the extreme jealousy that is displayed by both narratives. The difference is that the narrator in My Last Duchess is so jealous and insecure that he ‘gave commands; The character of the narrator in The Laboratory displays an intensity of emotion through her obvious jealousy of the other woman this intensity of jealousy could only be achieved if she also had experienced the same level of love. Similarly, the character of the narrator in My Last Duchess which is a man also displays obvious jealousy although it is without such an intensity of emotion. Both poems are dramatic monologues, the tone of The Laboratory is one of anger and the mood is evil, it creates a tense atmosphere which leads the reader to rush from one verse to the next to see how the story within the poem develops. In comparison, My Last Duchess is written in a less direct way and seems less hurried the narrative’s jealousy is not immediately apparent but becomes more obvious as the poem progresses. In conclusion, after having studied both poems, it is the style and content of the laboratory which has made the most impact on me. The directness of the narrative regarding her intent and the subject matter I found as I said earlier both horrific yet fascinating. The image of a 19th century alchemist was easily consumed up and I almost felt like I was there. My Last Duchess, although interesting did not have the same impact on me this is mainly due to the style of the poem which is a more meandering tale and has a less direct approach. How to cite Comparison of My Last Duchess and the Laboratory, Papers

Termination Risk and Multiple Exercises †Free Samples to Students

Question: Discuss about the Termination Risk and Multiple Exercises. Answer: Introduction: This assignment represents how an auditor digs in to the financial statements of the company to extract crucial information regarding the operational efficiency of the company and also the possible anomalies that are taking place in to the activities of the company(Christensen et al.,2012). In this assignment an audit report has been prepared to identify the accounting accuracy with respect to the major items of the financial statements in order understand the financial health of the company and also to identify the areas where possible fraud can happen. DIPL-Ratio analysis year 2013 2014 2015 Printing Industry bench mark ratios (Gleeson, 2017) Comments Items Current Assets 5385938 7509150 9600929 Current Liability 3780000 5120250 6397500 Gross Profit 6004500 6079500 6604500 Net sales 34212000 37699500 43459500 Income from operating activities 6780000 7230000 8308088 Net income before interest and tax 3454650 3357037 3867337 Net Assets 9150000 10783650 12250491 Debt 7500000 Equity 9150000 10783650 12250491 Interest expense 84379 83663 808038 Ratios liquidity ratio current ratio[current asset /current liability] 1.424851 1.466559 1.500731 1.53-1 On an average the DIPL has 1.4 units of current assets for paying 1 unit of current liability, but the industry standard requires that a business in printing industry should have 1.53 units of current assets for each units of current liability(Higgins, 2012) Profitability ratio Gross Profit Margin[gross profit/net sales] 18% 16% 15% Gross profit earned out of every dollar of revenue is declining over time Operating Profit Margin[operating profit/net sales] 20% 19% 19% 15.63% Though the operating profit earning out of every dollar declining over time, but still it is above the industry standard Return on Asset[Net income /total asset] 38% 31% 32% percentage of income generated out of total asset declining over time Capital structure ratio Debt/Equity 0 0 0.61222 2.4-1 There was no presence of the interest bearing liabilities in 2013,2014,In 2015 some amount of interest bearing liabilities has been generated Debt /Asset ratio 0 0 0.61222 The interest bearing liabilities are not recognized as debt ,Therefore DIPL appears as a company that only runs on equity capital Debt servicing ratios Interest coverage ratio[EBIT/Interest expenses] 40.94206 40.12571 4.786083 ratio declined drastically in 2015,implies sudden huge increase in the debt burden of the company has increased suddenly Table-1: DIPL-Ratio analysis The key findings that are extracted from the above ratio analysis are as follows: The current ratio of the company has increased from 1.4 to 1.5 during the period 2013-2015.But the current ratio of the company is still below the benchmark ratio of the global printing industry. The gross profit margin ratio of the company has declined from 18% to 15% during the period 2013-2015.This indicates that the gross profit generation capacity out of the sales revenue earned is declining over period for the business. This indicates that the cost of goods sold by the company is increasing over time The operating profit margin ratio of the business has declined from 20% in 2013 to 19% in 2015.This indicates a deteoriation in the operational efficiency of the company. However the ratio of the business is still better with respect to the bench mark ratio of the global printing industry (15.63%). The Return on Asset Ratio has declined from 38 %( 2013) to 32 %( 2015); this describes that the income generation capacity out of the total asset has declined steadily for the company over years(Costello, 2011) The debt-equity ratio and the debt-asset ratio of the company describes that up to 2014 DIPL was a solely equity based company. In 2015 the company has acquired huge amount of interest bearing loan probably due to reduced capacity of generating profit income from assets in possession and sales revenue earned by the company(McCue and Nayar, 2009). The interest coverage ratio describes that it has reduced drastically from 40.94(2013) to 4.8(2015) as the company borrowed huge amount of loan in 2015.This indicates the weak strength of the current operating income of the company for servicing the interest bearing liabilities of the company. Impact of crucial financial information over financial planning: The holding of liquid asset of the company should be enhanced and new investments will be done in such a way so that the business is left with sufficient liquid assets that can be readily converted in to cash for repaying the shorter liabilities that are to be paid within one year from 30th June,2015 The business should work on enhancing the operational efficiency of the company as well as the work force before going in to any new venture. Any new investment decisions should be taken while considering the fact that business has bear the burden of a loan of 7.5 million for which they have to maintain a strong current ratio of 1.5 The company should strengthen their debt collection mechanism so that the provision of doubtful debt can be reduced to a great extent and the revenue earning mechanism of the company can be enhanced substantially. In order to bring transparency inventory should be valued on FIFO basis as it is revealed in the auditors note that there is much volatility in the current method of inventory valuation. To avoid any kind of fraudulent activity and to ensure compliance with the applicable accounting standard revenue earned from sale of E-book will be recognized as per the stage of completion Inherent risk factors associated with the business operation of DIPL: DIPL is generally involved in printing of books, magazines and advertising materials that are ordered by the clients who are mainly from the publishing, educational and advertising industries. Once the order is placed and confirmed by the client, then the accounts department of DIPL check the credit record of the client and if there is no problem then the business has to deliver the job within the predefined time limit given by the client. The time with in which the publishing job has to be completed often appears to be quiet short and any failure in delivering the job on time or a delivery of an erroneous job will be considered as a breach of trust or fraud on behalf of the ordering client for which DIPL may lose the business reputation or may end up paying heavy financial penalty(Bushman and Williams, 2012). Thus there appears a high risk of failure if DIPL accepts a publishing order without making the proper calculation regarding whether the available resources are sufficient for completing the ordered job in time or not. The impact of this risk is that if an order is cancelled then the business will not only lose their reputation but there is a huge scope of material misstatement. Because when a certain amount of resources are sanctioned for an order, on cancellation of the order those partially unutilized resources may wrongfully will not be accounted with respect to the inventory and this will lead to erroneous valuation of inventory as well as mis-statement of asset in the balance sheet. More over if the cancellation of order is not recorded properly then there lies a possibility that the cancelled order may worn fully be included under credit sales which may inflate the revenue earning of the company Valuation of raw materials inventories at an average cost is another risk factor inherent to the nature of operation of DIPL.DIPL is involved in a business where it is essential that predefined jobs are to be completed with a in the limited time. Therefore in order to maintain an undisturbed production process it is essential that the business should keep up-to-date their required stock of inventories and should also keep a tap on the required cost of purchasing the inventories that accounts the maximum share of the total expense made by the business. But if the inventories are valued at average cost when the actual cost of inventories are much below the average cost then such valuation will lead to wrong estimation regarding the expenditure that has actually been incurred for acquiring the inventories(Leung and Sircar, 2009). Thus miscalculation of inventory acquiring cost is a huge risk in itself as it can lead the business to operate out of budget at any point of time especially w hen huge orders are placed to the business. The impact of this risk is that there is a possibility of erroneous recording of expenditure amount under the head of inventory purchase in the profit and loss statement and possible error may also take place in case of recording the amount with respect to the cost of goods sold in the balance sheet. Thus this risk may lead to the above mentioned material misstatements in the financial statements as well as financial reports. Identification of the two key fraud risk factors: Fraud Risk Factor-1 Year 2013 2014 2015 Accounts Receivables 2482500 4320000 5073309 Account Receivable (As stated by auditor) 2647500 453000 5313309 Gap 165000 -3867000 240000 Inventories 2256188 2671362 4180500 Inventory (As stated by auditor) 2362500 2797238 4180500 Gap 106312 125876 0 The above table-2, describes that there is a substantial difference between the numerical values that has been stated in the financial statements the statements made by the auditor after making the financial audits(Jans et al.,2010). In 2013 the balance sheet of the business reported the amount of accounts receivable by 165000 units less compared to what stated by the auditor. In 2014 the balance sheet reported the amounts of accounts receivable by an amount which is higher than the respective statement of the auditor by an amount of 38, 67,000.Again in 2015 the balance sheet accounts statement with respect to the accounts receivable is lesser by an amount of 2, 40,000 with respect to what has been stated by the auditor. Thus it can be seen that in each year from 2013-2015 there is an anomaly with respect to the amount that has been reported against the head accounts receivable as per balance sheet and as per the audited amount as presented by the auditor. Therefore it should be suspected that DIPL is susceptible to the fraudulent accounting as risk identified by the differences in the report of balance sheet and the report of the auditor with respect to Accounts receivable. Again discrepancy can be observed with respect to the amount reported against inventory in the balance sheet and the amount reported by the auditor. In 2013 the balance sheet amount of inventory is less by an amount of 1, 06,312 compared to what stated by the auditor, in 2014 the balance sheet amount of inventors is less by an amount of 125876 compared to that of auditor. However in 2015 both the reported amounts with respect to the auditor as well as balance sheet match for inventory(Norman et al.,2010). Therefore it should be suspected that DIPL is susceptible to the fraudulent accounting risk as identified by the differences in the report of balance sheet and the report of the auditor with respect to Accounts receivable and inventory. The above inspection reveals a crucial fact that the accounting discrepancy or inaccurate accounting has taken place almost each year under consideration [2013-2014] with respect to the two most important items of the balance sheet namely Accounts receivable and inventory. When an accounting error with respect a particular item is repeated each year then it should be considered as an act of deliberate error or fraud and therefore it can be said that DIPL is exposed to accounting fraud risk and the management of the business should take some preventive measures for protecting the company from such risk. Another major misstatement can be observed in the balance sheet with respect to the description of the capital structure i the year 2015.As per the finance information of the business in 2015 DIPL take an interest bearing loan of 7.5million from BDO Finance Ltd but still the balance sheet of the company represented the entire asset of the company in the form of equity. This can be considered as deliberate act of omission or fraud which has been done to show that IDPL is a financially healthy company and can efficiently run without taking any interest bearing loan(Brazel et al.,2009). This risk has been identified while ratio analysis has been done and both values of debt-equity ratio and debt-asset ratio appear to be same [0.61] for the year 2015.Thus it can be seen that DIPL is exposed to fraud risk of misrepresentation of capital structure which is often done to attract the investors by concealing the real financial condition of the business. Impact of the risk factor over Audit: Identification of these possible fraud risk factors will make the audit process more detailed and stringent. As presence of any fraud will do long term harm to the business.Thus now it is recommended that a further deep audit should be conducted for identifying the other operational malfunctions that may have taken place in the business and thus hampering the financial performance of the business(Soh et al.,2011). Conclusion: The above assignment describes a deeper analysis of the financial statements as made by the auditor can catch every progress or deteoriation in the financial health of the company as described above. The ratio analysis reveals that the declining gross profit as well as operating profit generating efficiency of the business out of the sales revenue earned when the company is moving from 2013 to 2015(Hodgdon et al., 2009).The ratio analysis also reveals that the business is exposed to the risk of misrepresentation of capital structure in terms of the financial statements so that investors consider this company as an attracting one for investment. In the context of the above revelation it can be recommended that rigorous corporate governance should be practiced by DIPL for protecting the business from the risk of the identified frauds and the same time new strategies will be formed for enhancing the operational efficiency of the company. 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