Home Land Security Research Paper Example | Topics and Well Written Essays - 1500 words

Home Land Security - Research Paper Example In terms of the security issues at port, the maritime transport act was introduced to provide more security in the ports and to decrease the case of smuggling and entry of terrorist. In road transport, the overall surveillance of the transport system increased considerably with implementation of technology to improve the security system. The transportation Security in USA has become matter of prime concern since the September, 11 attacks in the country. The US government dedicated their best efforts in increasing the security system of the country in every mode of transportation. As an initiative to make the transport system more secure, the Transportation Security Administration started operating under the US Department of Homeland Security. The primary objective of the agency was to provide safety and security to the traveling public based in the country so that any an incident like 9/11 does not occur again. Special task was assigned to develop policies to protect the overall transportation system in the country with a special focus on airport security and in the prevention of hijacking of aircrafts. The federal government also adopted special policies to look after the security issues in highways, roads, railways and in ports. Over the years the security in the transportation system have modified in a large exte nt to protect the common public. In the process of securing the transportation system the US government faced massive challenge in as providing security to hundreds of airports along with the sea ports and transit service proved to a daunting task. Much of the responsibility for strengthening the aviation system was assigned to the TSA which came into existence just after the massive attack on world trade center. TSA was engaged with the screening process of the passengers and the property. In the newly reformed security system in aviation, explosive

Auditing Assignment Example | Topics and Well Written Essays - 1500 words - 2

Auditing - Assignment Example sely, the primary purpose of the accounting framework is to ensure that the users of financial information are provided with user-friendly information. This assignment seeks to present the concept of the audit, audit risk, and substantive audit procedures based on the case of Applied Graphene Materials PLC. Based on the company’s financial statements, first, three areas of heightened audit risk will be identified, and a quantitative analysis provided. Second, in relation to one of the identified areas in the first part, five substantive audit tests will be identified together their significance (Foster & Greenawalt 1995, pp. 1-5). The company analysis can take two approaches. That is the providers of funds and the controllers of the funds. Funds are provided by stakeholders such as shareholders, creditors, and other entities. The categories of stakeholders that are responsible for the management of funds are directors and managers. From the statement, the providers of funds are different from funds managers. Therefore, fund providers require a report on how funds are being managed over a period, usually one year. However, the information contained in the financial statement may lack credibility for the following reasons: the information may contain errors; it may not disclose any fraudulent act; the information may be inadvertently or deliberately misleading; and the information may not disclose all the material information. It is a daunting task to prepare financial reports, especially for large companies with several subsidiaries that adopt different accounting practices. The process of consolidating the financial information of large companies such as Applied Graphene Materials PLC creates a breeding ground for multiple errors, fraud, and omissions. It is, therefore, the responsibility of the auditor to verify whether the company’s financial statements are free of error, fraud or material misstatement. That is, whether the information presents a true and