Collective Bargaining Assignment Example | Topics and Well Written Essays - 1000 words

Collective Bargaining - Assignment Example Just like many cities in the United States of America Seattle was seeking to have the minimum wage for their worker increased to fifteen dollars per hour. Once the minimum wage is raised, then the local government would have an easier time supporting families that are not so stable as a result of their income. One might feel that such an increment would negatively affect the business owners but on the contrary the businesses would register higher profits due to increased productivity of their products. This is because once the employees’ salaries are increased then they would have been motivated and hence work more efficiently (White, 2014). Fast food workers and those in their support staged strikes outside their places of work and into the roads to protests what they felt was a violation of their rights since they worked but felt that their salaries did not match their work and the standard of living in Seattle. According to White (2014), another reason as to why there was a strike in Seattle was because people were losing their jobs yet a report indicated that the state had witnessed an increase in its income. The report that was published indicated that Seattle had gained over five thousand industry jobs yet over five hundred people had lost their jobs. In Seattle’s magazine it was stated that most of the restaurants had started closing don but one would argue that statement because a many restaurants had closed down in the past for different reasons. Both sides had their various opinions on the subject matter.

Accounting fraud Coursework Example | Topics and Well Written Essays - 500 words

Accounting fraud - Coursework Example The aspect of Fair Value Accounting is being used differently all over the world but it was wrongly used in Enron because it was not being checked upon by the relevant authorities. It becomes necessary for the regulation bodies to keep a check upon any such activity that is being carried out by the different companies. All these examples will help me in avoiding these issues while pursuing my career so that these kinds of fraudulent activities are completely eradicated from the society. In my view accounting fraud is related to any act that conceals the facts relating to the finances of the company. This concealment of facts can lead the potential buyers to be interested in the company and hence the shares of the company. Another example of accounting fraud can be taken in the case of companies who deliberately delay their financial bookings to an appropriate time in the future where they may balance out the profits. This specifically means that the company would cross out the transactions that are decreasing their total worth. This transaction can later on be put to the journals when the company has enough to overshadow the losses. This can help the company to gain shares and increase their market value as Enron was able to do and achieve higher profits than they actually deserved. In other words this practice can co-relate to the accounting frauds that can easily take place in the absence of the regulatory bodies. I believe that the companies can take different measures to avoid fraudulent activities that are being conducted. This revolves around the hierarchy of the company and the management is primarily responsible for any type of fraudulent activity that is taking place in the company. The managers should be held responsible for any omission or suppression of the transactions in the journals. This way the managers would be careful when handling their employees