When Adults Fail, Children Change Essay - 1355 Words

The Bluest Eye is a novel written by Toni Morrison that reveals many lessons and conflicts between young and adult characters of color. The setting takes place during the 1940s in Lorain, Ohio. The dominant speaker of this book is a nine year old girl named Claudia MacTeer who gets to know many of her neighbors. As a result of this, Claudia learns numerous lessons from her experience with the citizens of Lorain. Besides Claudia, The Bluest Eye is also told through many characters for readers to understand the connection between each of the adults and children. Many parents in the novel like Geraldine and Pauline Breedlove clearly show readers how adults change their own children. Furthermore, other adult characters like Cholly Breedlove†¦show more content†¦As he grew older, he learned how to direct his hatred to the cat and spent some happy moments watching it suffer† (86). Junior is affected by the failure of his mother to parent well. Instead she worries about appearance, cleanliness, and her cat which brings separation between her and Junior. Because he is angry and hurt by this, he abuses his mother’s cat who receives all the affection he would like to have from Geraldine. Another example of the failure of adults is seen in Pauline Breedlove. Just as Geraldine focuses more on her desires than her child, so does Pauline in ways that also drift her away from her family. Mrs. Breedlove is a black woman who dreams she can somehow make her family appreciate her but after Pauline figures that she could not, she finds meaning in romantic movies and the Fisher Family - the white family she works for. The narrator tells readers, â€Å"More and more she neglected her house, her children, her man – they were like the afterthoughts one has just before sleep, the early-morning and late-evening edges of her day, the dark edges that made the daily life with the Fishers lighter, more delicate, more lovely. . .Here she found beauty, order, cleanliness, and praise† (127). Pauline Breedlove works for a family that is not her family and because the Fishers give her what she desires, she ends up neglecting her own family. Mrs. Breedlove fails toShow MoreRelat edFailure to Launch652 Words   |  3 PagesQuestion/Prompt: Discuss at least 2 reasons research is suggesting for young adults still living at home. This new phenomenon—young adults still living in their parents home well into their late 20s to early 30s—is proposed to be a result of many different reasons. Spend some time reading what experts suggest about this trend and address at least 2 reasons suggested. Contrary to popular belief â€Å"boomerang kids â€Å"or kids who fail to leave home, as they are called did not start during the â€Å"great recession†Read MoreFavor Of Abolishing Juvenile Court1061 Words   |  5 Pagesclaim that all crimes should be treated the same and children are no exception. They also claim that because a punishment is supposed to fit the crime teenagers who have committed high-level crimes deserve to be tried as adults. Another popular claim is that the adult court system lowers juvenile recidivism. What these individuals fail to see is the psychological trauma that adult courts have on adolescents. Instead of being tried as adults, children should be tried in juvenile because children’s brainsRead MoreMarriage Is Not Only For The Adults Essay1439 Words   |  6 PagesMarriage is when two adults come together in love and have the love link them together as one. It means they live together and share the rest of their lives together after a m arital engagement. Today marriage is not only for the adults, but the young teenagers have taken it up. It could be a drive from young love. It mostly occurs during adolescence when most teenagers start to discover themselves emotionally and sexually. The strength that comes with this young love turns some to believe they canRead MoreComparative Rhetorical Analysis : `` Just Read And Write, But Right And Wrong `` Essay1334 Words   |  6 PagesAnalysis Final Essay The debate over rather children should learn values at home or in school is not a complicated one. The process of learning values in school, as oppose to home is referred to as character education. Should we require character education in our school systems? Kathleen Townsend explains in, â€Å"Just Read and Write, but Right and Wrong† and â€Å"Character Education Will Likely Fail† by Thomas J. Lasley, the main attention is directed to teachers and adults who consider values and character educationRead MoreBeing A Great Enforcer Of Behavior1304 Words   |  6 Pagesthey replied: â€Å"to be quiet, don’t fool around and get the work done†. Praise brings about public performance in children. Making things (e.g. going out for dinner if homework gets done) contingent with behavior is wrong. Main Ideas Agreed with/Disagreed with In agreement I agree with the author that praise and rewards has being a great enforcer of behavior in our society and child rearing practices. I particularly like his intrinsic vs. extrinsic motivation concerns and the importance of whatRead More How Divorce Effects Kids Essay951 Words   |  4 Pagesbenefits for couples who have a successful marriage. When a marriage begins to fail it is usually due to a couples inability to communicate, lack of a common goal, or a trust vs. mistrust issue; therefore, more so than not, these types of situations will ultimately result in a divorce. The most frequently asked question over the last two decades has been, â€Å"Does divorce effect children and how so?† Studies have shown that divorce affects children in many ways: affects their self-esteem, feels as thoughtRead MoreYouth Offenders in The United States1089 Words   |  5 PagesYouth offenders in the United States who commit an adult crime should they be tried as an adult or sent off to rehab ? According to (Juvenile Offender) young people today are more malleable and can be easily influenced. It is mainly believed that the criminal actions by young offenders might be influenced by such external forces such as parental neglect, and inappropriate living conditions or with relations within their family. It is important to note that instead of seeing a rehab program as a formRead MoreHow Adulthood Can Be Broken Down Further Into Two Sub Stages1172 Words   |  5 PagesAdulthood can be broken down further into two sub-stages: Early (eighteen to thirty-five), and Middle adulthood (thirty-five to sixty-five). In Early Adulthood, adults are in the â€Å"prime of their lives†, that is, they are in top physical and cognitive health (lime). When a person reaches Middle Adulthood, their cognitive abilities remain stable; and they tend to approach things more practically; the activities and tasks engaged in by midlife are generally not cognitively challenging. Perhaps thisRead MoreAsperger Syndrome : A Neurological Disorder Associated With Autism1341 Words   |  6 Pageseven excluding the target from group activities. Bullying behavior, broadly described as intimidating or harassing another person through physical or verbal assaults and insults, can begin at any age, but it seems to be a particular problem among children and adolescents. Although bullying is usually a one-on-one behavior, it also has a broader social impact. Victim may feel humiliated, and thus alienated from everyone in their peer group, while bullies may feel that they have established a positionRead MoreNo Matter How Loud I Shout1543 Words   |  7 Pages† (No Matter How Loud I Shout, 1996, p.31) The one beacon of hope the juvenile court has is Judge Roosevelt Dorn. Judge Dorn is known in the court systems as one of the toughest judges. He was known for harsh sentences and often trying children in the adult courts. However, Judge Dorn may seem cruel he is merely doing what he feels is best for the child. He sees the same cases and scenarios day in and day out. He knows that stability is the thing these kids need most. Through the eyes of

The Fight Against Animal Cruelty - 1919 Words

Fighting Against Animal Cruelty How would you feel if you passed by a hours every day and seen a puppy on a chain leash that was too heavy for its neck, look under-nourished, and as it got older that same chain leash was on its neck getting tighter? This is an example of what I experienced as a child and these images will always stay with me. Rascal was a harmless german shepherd that was beaten daily, starved, and left out in the cold. Rascal experienced one of the many forms of animal cruelty and abuse. Cruel cases just like this one happen every single day, all around the world. Animals should not have to go through torturous events such as these, they do have a mouth to tell us when to feed, bathe or shelter them. Having an animal for a pet is common in the world today. For example, according to a survey done by the Humane Society on January 30, 2014, pet ownership has tripled in the U.S. and at least sixty two percent of American households include at least one pet,(1). Many pe ople enjoy the company of a furry dog or cute kitten. That is great as long as you can care for and love the animal for its entire life. In a personal interview with Beth Lus, a State Humane Officer at the Inland Valley Humane Society, when asked, â€Å"How many animals a year do you believe have come from an abusive home or where they have been neglected?† she replied, on average one to two a day that some in and it can be a lesser degree from skin conditions, mange, all the way up to full blownShow MoreRelatedAnimal Cruelty And Its Effects On The World1372 Words   |  6 PagesAnimal Cruelty The weather outside is harsh. The wind is blowing and the temperature is below freezing. Imagine being locked in a cage and left unprotected from this weather with small portions of food and water that has turned to ice. Now imagine being yanked from this cage and bashed on the floor, stunned, and now skinned alive. Does this sound cruel? Does this sound like something that no creature should ever have to endure? This is something that is experienced by many different typesRead MoreThe American Society For The Prevention Of Cruelty1198 Words   |  5 PagesAmerican Society for the Prevention of Cruelty to Animals. Henry Bergh created an organization that believes that animals are entitled too respectful and kind treatment that must be protected under the law. Today, the American Society for the Prevention of Cruelty to Animals is privately funded, not-for-profit corporation centered in New York City. Among abuse and cruelty situations, the American Society for the Prevention of Cruelty to Animals also deals with Animal Homelessness and Adoption (â€Å"AboutRead MoreAnimal Cruelty: Dog Fighting Essay1685 Words   |  7 PagesAnimal Cruelty: Dog Fighting Sherry LaFace COM 220: Research Writing January 23, 2010 Erin Fagan Dog fighting is a very cruel thing, and it is happening right under our noses. It is illegal to fight a dog in all fifty states. By being an observer at a dog fight, it is against the law in forty-seven states. So why do people continue this cruel practice? The answer seems to be money. Some people who breed dogs for fighting can sell their puppies for up to two thousand dollars. Even thoughRead MoreAnimal Cruelty Persuasive Speech962 Words   |  4 Pagespain, suffering or injury to an animal is held accountable. You should listen to my speech because it will explain to you why you should stand up against animal cruelty. I will try to persuade you with logic and you can make up your mind after listening. I believe we should side against animal cruelty because animals suffer serious bodily harm from the abuse, animals cannot defend themselves and people who commit animal cruelty usually commit acts of violence against humans. We should stop this soRead MoreAnimal Abuse Summary 762 Words   |  4 PagesEvery day in the United States animals are beaten, neglected, and forced to struggle for survival. They are left in horrible conditions, ones without any food and or water. Some are lucky, they are found and rescued, being given a chance to survive by being cared for in a shelter or even given a new home. But others, aren’t so lucky. We must fight for these animals’ rights and punish the heartless owners. Its up to us to speak up for these creatures who don’t have a voice. Read MoreFur Of The Fashion Industry1107 Words   |  5 Pagessurrounding the use of animal furs in the fashion textile industry? When the learner was a little girl, she loved animal books and grew up reading the stories about Three Little Bears, Three Little Pigs, Little Red Riding Hood and fell in love with all these stories. Most notably there has always appeared to be a good guy and a villain and so as the learner grew she would always fight on the side of the underdog; with this in mind, the older the learner became her love for animals and fashion also grewRead MoreAnimal Cruelty908 Words   |  4 PagesShould animals be used for research? Isn’t it animal cruelty? To test cosmetics, cleaners and other products, hundreds of thousands of animals are poisoned, blinded and killed every year. In circuses, animals are being tortured cruelly. This has been an argumentative issue for a long time. Some argue testing on some animals now will prevent lots of human suffering and save lives in the future. Others say it is unethical and cruel. Still, everyone agrees that millions of animals are subjected toRead MoreStop Fight And End Cosmetic Testing On Animals1121 Words   |  5 PagesWayne Pacelle is the current President and CEO of The Humane Society of the United Sates, the initial text’s purpose is the desire to fight and end cosmetic testing on animals. In this particular blog the audience leans towards individuals who use any types of cosmetics such as makeup including lipsticks and as well as shampoo, I personally believe this blog is directed towards anyone who wears makeup cosmetics frequently. The audience is also aimed for the consumers, legislators, and companies aroundRead MoreAnimal Cruelty959 Words   |  4 PagesAnimals are subjects to inhumane treatment by the hands of many individuals, however there is little done in order to protect them from this form of physical and neglectful treatment. Though there are several laws against this type of conduct, a great deal of animal abuse is unforeseen and these animals are victims whom cannot protect themselves. The state of New York describes felony animal cruelty as, â€Å"intentionally and without just cause seriously injuring or killing an animal† (Iannacone 2011)Read MoreStop Animal Cruelty1702 Words   |  7 Pages Animals are living, breathing creatures that are able to feel, think and have souls. For people to make excuses and to say that they can use animals as a means of testing, hunting, etc because they are just animals is cruel and uneducated. We as humans are animals as well. Just because we are more intelligent and advanced, it doesn’t g ive us the right to harm them. Just because we can, doesn’t mean we should, Dr. Ian Dunbar, a veterinarian, an author, a trainer and a behaviorist, argues that To

Polarization in Us Politics Free Essays

Analyze the evidence that American politics is becoming more polarized. If so, is this a reaction to the polarization of political elites? Approx 1500 words 13/12/10 â€Å"The election of 2008.. We will write a custom essay sample on Polarization in Us Politics or any similar topic only for you Order Now . marked the end of an epoch. No longer could Republicans count on the basic conservatism of the American people, the reflexive hostility to candidates who favour big government† (Darman, 2010, 34)In the 1970s and 1980s there was a consensus that the importance of political parties was in decline, that the shared conservative ideology of the American electorate was reflected in the similar ideology and policy of the Democratic and Republican party. Now, however, the parties are seemingly taking on renewed importance as the population of the United states grows less and less homogenous. There is now a consensus in the American media that their politics are increasingly Polarized between the liberal voters who vote Democrat, and the more traditional conservatives who support the Republican Party.This essay will assess the evidence for whether or not the American political system is indeed polarizing, and if so, then for what reasons? The role of political elites will also be exam ined, whether or not they are polarizing aswell, and whether this is a large contributing cause of the polarising of the mass? Many, including Marc Hetherington, contend that there has indeed been a period of mass and elite polarisation, and Hetherington believes that the mass polarization is a reaction to the elites increasing partisanship (2001, 621, 629).There is evidence in surveys that the political elite is polarizing; the amount of self proclaimed â€Å"very conservative† Republicans in congress and senate has risen from 12 to 30 percent since 1972, and the amount of â€Å"very liberal† Democrats has risen from 8 to 20 percent (Stone, 2010, 39), this shows that as much as half of delegates are radicals. For this reason political debate has grown more and more rancorous, both in Washington DC and in the media. The role of information in Democracy cannot be understated, it is a cornerstone of Dahls Polyarchy (1972).Although some media companies may attest to attempting to provide news without bias, their agenda as businesses is to turn a profit and as it is common for them to take up political positions in order to gain market share. To illustrate this, Fox News 24 hour television station was introduced in 1996 (this in itself could be seen as evidence for polarization) and by 2000 had managed to attract 17 percent of the US population by adopting a staunchly conservative viewpoint (DellaVigna, Kaplan, 2007), while one must stop short of attributing the Republican success at the 2000 election to the introduction of a conservative news station.The same study shows that not Fox News’ emergences causation with an increase in voter turnout (DellaVigna, Kaplan, 2007, 1228), arguabl y mobilising a previously disenchanted group. The radical left and right leaning delegates mentioned above are naturally the most visible politicians to the public in terms of media coverage as a result of the medias wont for framing politics in terms of conflict (Hetherington, 2001, 622).It follows that the mass public will draw their positions from the partisan opinions and attitudes which they are exposed to on their televisions and in their newspapers, either in support of, or by vehemently disagreeing with, the controversial politicians, political pundits and journalists, and will express these outlooks in the polls come election time. One tool which the media can use to project an image of a polarized country is by utilising state boundaries to show the success of the different parties in nationwide elections.The red state/ blue state maps are now a fixture of the news coverage as election results flood in, but it is interesting to note that as recently as 1984 Democratic victories were shown in red and Republican in blue. It is also curious that red, long the colour of Marxism, of Red China and Communist USSR (Patton, 2004). The only relevance of these points is to show that the apparent deep rooted polarized political situation is both modern and subject to quite sudden change. The red/ blue map shown in Figure one shows how modern Polarisation has manifested itself over the last four elections.The dark red and blue show that those states have voted Republican or democratic respectively all four times. Lighter shades show that party has won all but once, while purple shows states which have gone to the Republic ans and Democrats twice each. On first glance this seems to back up the polarization theory, as Fiorina and Adams put it; â€Å"when the 2004 election almost reproduced the 2000 map, belief in the polarization narrative peaked as social conservatives gloated about the purported importance of â€Å"values voters† for the re-election of President Bush, and liberal commentators bitterly accepted that interpretation. â€Å"(2008, 564, 565)However when one examines the map in figure 2 which breaks down the 2008 election by county, rather than state. This map seems to throw an interesting side note onto the red state/ blue state theory. While there is seldom a completely red or blue dominated state, in terms of area covered on the map, there is far more covered by republican red. The fact that the democrats won the election with so much less area covered shows that the blue areas are high in population denstity- cities and large towns. Rather than Republican south versus Democratic coasts, Figure 2 indicates a division between Rural Republican and Urban Democrat areas.Fig. 1 Fig. 2 There are other problems with the above quote, which Fiorina and Abrams do draw attention to. For instance the assumed intrinsic connections common to the â€Å"value voters† are not as strong as they may seem. For instance Democratic presidential candidate John Kerry managed to pull one third of white evangelicals, and one third of gun owners (Fiorina and Abrams, 2008, 568). These are two criterion of the stereotypical conservative Bible-Belt citizen, and the media would have us believe that almost every single one would have supported the incumbent George W.Bush. This exaggeration is typical of the American media’s attempt to depict American politics as more polarized than it is. Haley Barbour, governor of Mississippi and former chairman of the republican party here how he takes political news (in this case the pessimism about the future of the Republican party after the election of Barack Obama in 2008) with a pinch of salt; â€Å"In politics, things are never as good as they seem (in the media) and they’re never as bad as they seem† (Darman, 2010)If there is such polarization in the USA, such defined political cleavages, why then is every election so tightly contested, which Barone calls â€Å"The 49 Percent Nation† (Kaus, 2004)? Surely if the nation was split along regional, urban/ rural, religious or ideological divides, then surely one group would be able to dominate the other, at least periodically, and one party would enjoy longer periods in office. In the past two decades no Presidential candidate has acheived more than 54% of the popular vote. Barbour implies that the greatest reason the democrats won the 2008 election is becaus e it was simply â€Å"their turn† (Darman, 2010).Mickey Kaus of political comment website Slate Magazine, attributes this seemingly strange run of results to the Median Voter Theory, also known as the Black Theorem (Black, 1948). Kaus explains that the ideological positions of the Republican and Democratic parties are not fixed, they do not remain where the lines in figure 3 show, rather they will gravitate towards the point upon the scale which will guarantee the greatest support. Because of this, in both the upper and lower graphs (ie regardless of whether the voting public is polarized or not) both the main parties would lie more or less in the centre of the graph.The non proportional representation, two party electoral system reinforces this, as if their were many parties competing seriously it would allow for minority parties which could take up more extreme left or right points on the scale. Figure. 3- the vertical lines represent where ideology-driven liberal and conservative parties would be fixed upon the scale. The other line in each graph shows the how the voters are distributed along the political spectrum. In conclusion, there is significant evidence to show that a period of polarization has been occuring in the politics of the United States of America since approximately the mid 1990’s.There are a myriad of reasons which could be applied, too many to be mentioned here, for example Hetherington mentions that Presidential approval ratings and poor economic performance can often lead to polarization. The greatest factor however, to stretch the US electorate’s homogeneity is the influence of the elites and the mass media. Arguably this could be seen as a give-and-take progression, with the elites emerging from the mass to elevated positions from which they may influence the mass, and the media reacting to the mass in order to produce a marketable servi ce. Furthermore it is important to note that although the USA does exist in a somewhat polarized state, the extent of that polarization is not as clearcut as sections of the media would have one believe. The US is not simply a nation off older gun toting, gay hating, anti abortion Republicans and younger coastal, ethnically diverse gay loving pro-choice socialist Democrats. Perhaps a more apt description would be as a nation of centralist influenced by a small amount of more extreme outliers of liberal and conservative persuasion.Bibliography Political Polarization in the American Public, Fiorina, Morris and Abrams, Samuel, 2008, Stanford Resurgent Mass Partisanship: The Role of Elite Polarization, Hetherington, Marc, 2001, American Political Science Review The Fox News Effect; Media Bias and Voting, DellaVigna, Stefano and Kaplan, Ethan, 2007, Harvard On the Rationale of Group Decision Making, Black, Duncan, 1948, Chicago The Anti-Obama,Darman, Jonathan, 2010, Newsweek Fight Club, Thoma s, Evan and Taylor Jr, Stuart, 2010, Newsweek How to cite Polarization in Us Politics, Papers

Understanding Of Principles Of Corporate Governance For JB-Hi-Fi

Question: Discuss about the Understanding Of Principles Of Corporate Governance For JB-Hi-Fi. Answer: Introduction: The current study is engaged in the understanding of corporate governance and studying the rising importance in the last decade. A detailed understanding of principles of corporate governance for JB-Hi-Fi is examined to report on the matters of integrity in financial reporting. The report will be providing the definition of goodwill by reflecting the current requirements of reporting for firms that listed in ASX. The analysis of the JB-Hi-Fi goodwill recognized and unrecognized is performed together with the description of goodwill impairment. Additionally, the study of Intendent Auditors Report and relative analysis of audited financial statement of JB-Hi-Fi will be reflected by stating the necessary changes made by the company. Corporate governance: Corporate governance is the study of rules, regulations, process and system that act as the tool for applying authority and regulating the internal control of an organization (Panditharathna 2016). The corporate governance structure principally recognizes the distribution rights and accountabilities amid different participations in the company. Corporate governance acts as the mechanism of procedure through which the relations of the company are controlled and directed. Importance of corporate governance in last decade: During the last decade, corporate governance has become a vital aspect. The tool of corporate governance assist in understanding the rights of the shareholders and assisting them in exerting the rights. Modern conversation of corporate governance tends to refer the general principles that surrounds the business that anticipated operating is to assure appropriate governance (Lins et al. 2017). They help the shareholders in exercising the rights by efficiently communicating the information and promoting the participation of shareholders in the meetings. According to Domadenik et al. (2016) corporate governance is an important tool of directing the companies towards self-governing state, establishing own rules and enforcing laws among workers from superior to subordinate level. As put forward by McCahery et al. (2016) over the last decade there is a growing importance of corporate governance since the tool help in making corporations more responsible and avoiding the instances of adversity. An argument led by Tricker et al. (2015) states that failing companies with insolvent stakeholders are primary reason for increasing importance of strong corporate governance principles. A well-designed principles of corporate governance is equivalent to law enforcement agency of internal affairs unit that help in reducing the problems under extreme predisposition. A corporation can conduct meetings with the shareholders and debtors and external members such as suppliers, customers and community leaders to meet the requirements of effected parties. Corporate governance is of paramount vitality for corporation and it is regarded as an important part of business plan. The framework of corporate governance is important because it helps an organization in avoiding scandals of fraud and criminal offences. The growing importance of corporate governance is directed towards enhancing the organizations reputation among public as the self-governing firm that responsible and exemplary towards shareholders capital. McCahery et al. (2016) stated that the growing importance of corporate governance is due to its principles of shared values, organizational cultural practices and its employees. An organization lacking the principles of corporate governance is regarded as firm without ethics. Decisively, corporate governance assists an organization in remaining honest and trouble-free. Investigation of JB-Hi-Fi compliance with integrity of financial reporting: The corporate governance fourth principles deals with safeguarding the integrity of corporate reporting. The principles necessitate a firm to apply formal and arduous process of independently validating and safeguarding the integrity of financial reporting (Tricker et al. 2015). Upon investigating the financial statements of JB-Hi-Fi it is found that the management and executives of JB-Hi-Fi have remain dedicated at the highest standard in making sure that the business is carried functions are conducted in an ethical manner by complying with the greater standards of corporate governance. In accordance with the 3rd edition of ASX corporate governance principles and recommendations the business practices and policies of JB-Hi-Fi comply with the materiality aspects. The company has placed controls, which is designed to assure that the financial reporting integrity complies with the regulatory requirements of reporting. Evidences obtained from the financial statement of JB-Hi-Fi provides that the company during the accounting period have appropriately complied with section 286 of the Corporations Act 2001. JB-Hi-Fi financial report provides the company has maintained right interpretation of books of accounts and along with the financial position (Jbhifi.Com.Au 2018). The independent professional auditors audit the financial reports of JB-Hi-Fi on annual basis. Concept of Goodwill and ASX current reporting requirements: Goodwill is regarded as the intangible asset that arises when the purchaser acquires an existent business. Goodwill is an asset that indicates the upcoming financial benefits arises from other assets that is acquired by a company when gaining control of business that is not separately recognized. According to corporation Act 2001, there are statutory requirements for financial reporting (Chen et al. 2017). Companies conducting business in Australia are required to prepare and lodge with ASIC the financial statements at the end of the accounting year. The annual financial statements should be audited and under specific state of affairs, the corporations are exempted from financial reporting. Companies listed in the ASX are bounded by continuous disclosure requirements. Firms listed under ASX are required to report under present Australian accounting standard; To prepare the financial statement in compliance under section 286 of the Corporation Act 2001. Section 320 of the Corporation Act 2001 provides a statutory reporting requirements for organizations listed under ASX to lodge a half-yearly reports and auditors reports with the ASX as and when required (Glaum et al. 2018). Section 302 of the Corporation Act 2001 provides that a company is required to prepare the half-yearly reports. In compliance to section 292 of the corporation act 2001 a company is required to prepare the financial statement and directors report As stated under section 301 of the Corporation Act 2001, a company is required to have its financial reported audited by the financial auditor. In compliance to Section 317 of the Corporation Act 2001 provides that a company listed under ASX is required to lay down the financial document in the annual general meeting (Sherrill 2016). Investigation of JB-Hi-Fi financial report to support and illustrate the analysis: Evidences obtained from the financial statements of JB-Hi-Fi the goodwill impairment stood AUD 15.8 that was identified by the company in the statutory financial statement of 2017. During the financial year of 2017, the impaired goodwill amounting to $14.7 million and PPE stood $1 million, which was attributed to the JB-Hi-Fi cash-generating unit. Goodwill impairment is referred as the charge on asset that is incorporated in the books of accounts of the company when the value of goodwill on the financial statements goes beyond the fair value (Darrough et al. 2014). Deferred tax assets and liabilities are not identified by JB-Hi-Fi. If it is noticed that the provisional variances arises from the original identification of assets and liabilities that is affecting neither the taxable income nor the accounting profit relating to initial identification of goodwill. Goodwill of JB-Hi-Fi is allocated to the cash-generating unit through impairment testing. On finding that the recoverable amount of the cash-generating unit is below the carrying amount of cash generating unit, the impaired amount of loss is allocated first to reduce the carrying value of goods will allocated to cash generating unit. Additionally the impairment loss related to goodwill is also identified in the profit and loss statement (Chen et al. 2014). Upon the disposal of operations of goodwill in the cash generating unit, the attributable amount of JB-Hi-Fi goodwill is included in the determination of proceeds or the losses on the upon the disposal of the procedure. The evidences obtained from the yearly financial report of JB-Hi-Fi provides that the goodwill arising from the purchase of Good Guys amounting to $701.5 million is identified and distributed to the JB-Hi-Fi Australian cash generating unit(Jbhifi.Com.Au 2018). Goodwill associated with the JB-Hi-Fi New Zealand was impaired that carried the worth of $14.7 million due to the poor performance in the financial year of 30 June 2017 into the cash generating unit. The goodwill of JB-Hi-Fi has originated from the acquisition of Good Guys continued to remain provisional during 2017 while the organization continued to finalize the value of its assets and liabilities that is acquired. Concept of Independent auditors Reports: An independent can be defined as the examination of financial accounts, commercial transactions, accounting practices and internal control of the organization (Gunin et al. 2014). An auditor are viewed as the independent accountant that are appointed by the shareholders to offer the independent view point of the financial statement and remuneration report prepared by the directors. Objective of Independent Auditors Report: The purpose of audited financial report is provide the users with the noteworthy assertion based on the information declared in the financial statement. The audit report is designed to enable the auditor in assessing the materiality factors included in the report. The objective of independent auditors report is to provide disclosure to the board of directors and shareholders. According to Hariri et al. (2015) audit is not carried on for the benefit of the firm or management but it is carried on for a person or group that are using the financial statement with the objective of making decision. The independent auditors report offers the investors and the management regarding the information relating to audit. The independent audit report provides the clarification of the purpose of audit by denoting the public corporation accounting oversight panel. As cited by Boyle et al. (2015) the purpose of audit report is to enable the readers with the sufficient amount of assurance regarding the independent viewpoint of the financial information stated in the financial statement. The auditors provide altered viewpoint on those situations where the financial statement does not provide the appropriate interpretation or agreement with the accounting standards (Douglas et al. 2015). The objective of auditors report is emphasize on the section that are vital in determining the going concern aspects of a firm. Comparative analysis of JB-Hi-Fi audit report for the accounting year of 2016 and 2017: On conducting a comparative study of JB-Hi-Fi, audit report for a financial year of 2016 and 2017 it was noticed that the audited reported consisted of balance sheet, profit and loss statement, comprehensive income statement, statement of cash flow and statement of changes in equity (Jbhifi.Com.Au 2018). Evidences obtained from the audit statement of JB-Hi-Fi comprised of relevant accounting rules together with the description of materials and units that are controlled by JB-Hi-Fi in accounting year 2016. Nevertheless, the audit report of 2017 demonstrated a change from the audit reported published in 2016. The audit report for 2016 did not contained key audit matters whereas in 2017 the audit report contained key audit matters concerning the 100% acquisition of Good Guys for cash considerations of $860 million. Further changes reflect that the accounting for the acquisition transactions represents amounts that was attributable to certain assets and liabilities that remained provisional during the year ended 30 June 2017 and was complex that required management judgement (Jbhifi.Com.Au 2018). Judgements was required in determining the fair value of acquired identifiable assets and liabilities together with the purchase considerations to separately identifiable intangible assets. The carrying value of New Zealand cash generating unit incorporates judgements regarding the future growth rate of the business. The audit report reflects that the auditors placed emphasis in the key audit matters because of the fall in financial performance of New Zealand CGU and the judgement required forecasting of future cash flow and other vital assumptions. The auditors report of 2016 reflect that there is no material misstatement whereas in the year 2017 the auditors have stated their opinion in audit report that there is a material misstatement and information presented in 2017 are materially inconsistent with the financial report and appears to be materially misstated. Conclusion: Conclusively the directors and the management of JB-Hi-Fi has demonstrated highest standard of commitment in assuring that the company has complied with the business requirement ethically with the highest corporate governance standard. 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