Utilitarians Ethic and Politics What is the Purpose of...

What is the purpose of human life? Describe utilitarians ethic and politic. What should Wonder Woman do? Wonder Woman just wake up this morning , and learn from the news that a boat is sinking in the Odra. and 30 people are in life threatening. She is almost outside of the window ready to go to save some lives when she realizes that in the park next to her home some friends are doing a barbecue. As she really would like to go the barbecue she starts to have an internal struggle. What ought Wonder Woman do? Spend an hard day leading to the shore people and saving lives or enjoying the amazing sunny day while doing a barbecue in the park? Utilitarian ethic and philosophy can answer to Wonder Womans struggle. But first lets see what†¦show more content†¦But its not enough to take into account merely the consequences for me but I should take into consideration also the consequences for everyone who will be probably affected by my action. As John Mill pointed out in applying Utilitarianism I must sum up all the losses or harms to everyone who will probably be affected, and the same for all the losses or harms. If the benefits are greater than the harms its the right thing to do, if the harms are greater than the benefits its the wrong thing to do. There are different point of view about how to define what are a good and a bad consequences. Utilitarian thinkers see as a good consequences the pleasure, the happiness and the increase of well-being. On the other hand bad consequences are defined as the pain, the unhappiness and the decrease of the well-being. Happiness even if identified with pleasure , is analyzed in terms of very little hedonistic Mill distinguishes between higher pleasures and lower pleasures and so introducted a qualitative distinction between pleasures. The highest pleasure is not superior because its giving more pleasure, but for the fact that it is this and not that pleasure. The criterion to distinguish the quality of pleasures is then given by the judgment of the knower of all pleasures. There are two Utilitarian theory Act Utilitarianism and Rule Utilitarianism.1 The Act Utilitarianism known also as the Greatest Happiness version is supported andShow MoreRelatedLaw and Justice4680 Words   |  19 Pagestheory of justice. This work has been done to distinguish the concept of justice as propounded by utilitarian’s (Aristotle[1] and Benthem[2]) vis-a-vis Rawls. Finally an analysis is done to examine how well the concept of justice given by Rawls is relevant in India, a multilayered pluralistic society. Introduction: Justice is defined as the quality of being just or fair. Justice is used to mean what is appropriate, deserved, right, fair , justice is said to be achieved when an unjust act is redressed

Application of Financial Concepts to Guillermos Furniture Store Case Study

Essays on Application of Financial Concepts to Guillermo's Furniture Store Case Study The paper "Application of Financial Concepts to Guillermo's Furniture Store" is an outstanding example of a case study on finance and accounting. Guillermo’s Furniture Store has experienced considerable challenges with the changing nature of his industry. Because of increasing challenges, there has been a strong amount more mergers and acquisitions. Additionally, the industry has witnessed the emergence of organizations that have increasingly implemented automation in their manufacturing processes. The cumulative impact of these elements has necessitated that the furniture store enacts significant change.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One of the overarching considerations is that of value. While Guillermo’s Furniture Store has long created value through the production and sale of merchandise, the principle of valuable ideas has demonstrated the effectiveness of new ideas (Emery 2007, p. 5). In this specific industry, this is demonstrated through the develo pment of automation processes that produce the furniture more rapidly. In terms of Guillermo Furniture Store’s own situation, it’s clear they must implement new ideas in establishing a competitive advantage. In this way, the patented process of creating a coating for the furniture could potentially constitute a new idea. This notion also extends to the inclusion of capital market efficiency. This is the process where capital markets react to new information. In this situation, the new information regarding automation contributes to a significant change in the market. Within this context of understanding, there is the recognition of the behavioral principle. The behavioral principle indicates that ‘when all else fails, look at what others are doing for guidance’. In this way, Guillermo’s Furniture Store has recognized that the current mode of operations is ineffective. In this way, they must look to the other competing stores, as the competitive envi ronment has changed considerably.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In addition to the above elements, there are other financial concepts evident in this process. In developing a strong financial strategy as a means of overcoming these elements, it’s clear that Guillermo’s Furniture Store must think in terms of the principle of self-interested behavior. In this way, people act in their financial self-interest (Garger, 2010). Within this situation, Guillermo’s Furniture Store has its own furniture coating process. This process could be implemented in conjunction with another industry furniture manufacturer. In this way, the principle of self-interested behavior would come into effect. That is, the original furniture manufacturer would gain money from the production of the furniture. Guillermo’s Furniture Store would then apply the flame retardant to the furniture and sell it in its retail outlets. This process would be highly effective, as th e original manufacturer would have access to the retail outlets, maximizing their potential. Additionally, Guillermo’s Furniture Store would gain the advantage of mass-produced furniture.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, this essay has examined the application of financial concepts to Guillermo’s Furniture Store. In this way, the principle of valuable ideas was considered a contributing factor to the market change. Additionally, the behavioral principle indicates a means of enacting business change. Finally, the principle of self-interested behavior is established as a means of partnering with an outside furniture chain that would provide manufacturing capabilities.

Argentinean Defeat in Falklands War Free Essays

â€Å"Poor leadership and inferior technology† – Would these factors explain the Argentinean defeat in the Falklands War of 1982? The Falklands War lasted 74 days and ended with Argentine surrender on 14 June, which returned the islands to British control. The Argentinean troops were superior in number, but despite this, the British forces were able to take over the Falkland Islands. Poor leadership and inferior technology have been suggested to be two of the reasons behind the Argentinean defeat, and in this essay I aim to discuss these aspects, and determine if they can explain the Argentinean defeat in the Falklands War of 1982. We will write a custom essay sample on Argentinean Defeat in Falklands War or any similar topic only for you Order Now Firstly, I aim to discuss aspects in favor of the argument, beginning with the British superiority, respective Argentinean inferiority, regarding weapons and material. After the British ships had been sent to the Falkland Islands, they circulated around the Islands and were ordered to attack any Argentinean ship entering a specific area several miles outside the Islands. Argentinean ships approached both north and south, but a British submarine followed and was therefore able to track the Argentinean ship coming from south. The Argentinean ships were superior in number, although, the British ships were superior in technology, and combined with a little luck, it was possible for them to sink several ships, including Argentina’s most powerful warship General Belgrano. This marked the end of the naval war in the Falklands as the Argentinean ships withdrew. Argentina suffered from a severe economic crisis as a result of the â€Å"dirty war† when the ruling military Junta killed about 30 000 of anyone that could be regarded as opposition, mostly people with a left side ideology. They crippled from foreign debt, which meant that they couldn’t spend a great amount of money on new high technological weapons, as oppose to England who received practical support from the US. Although, Argentina seemed to have a large advantage in air power at the beginning of the conflict, but was never able to use its large numbers of fighter-bombers to establish control of the air space over the Falklands. Instead, twenty British Sea Harriers flying round the clock effectively knocked the Argentine Air Force out of the sky in the first two weeks of the shooting war. Each Argentine aircraft on the other hand, had to line up over the combat zone, quickly dump its bombs and missiles, perhaps turn around once for a strafing run, and then head back to home base, or run the risk of running out of fuel. This left the Argentine craft at an enormous disadvantage in pursuing the British Sea Harriers, in picking better targets, in avoiding missiles. As a result, the Argentines lost a large percentage of its trained fighter pilots, which is much more difficult to replace than the aircrafts themselves. Furthermore, as the war developed, the poor leadership and lack of experience seemed to be a decisive factor of Argentinean surrender. Brigadier General Menendez played an active role in controlling the Argentinean forces. Although, his strategy, his placement of troops, his supply lines, his responses to British actions; all demonstrated woeful military incompetence, which president Galtieri recognized during a visit to the islands, but refused to replace him, on the grounds that his removal might demoralize the soldiery and the Argentine populace, where the atmosphere already was unsteady due to the disliked ruling Junta. Argentine troops at Goose Green were reinforced by Menendez, but provided with no further support when they most needed it. Once Goose Green fell, Menendez seemed to pursue a persistent policy of retreat, falling back from entrenched positions at the least sign of pressure from the advancing British. As a result, he soon found himself besieged at Puerto Argentino / Port Stanley, encircled by land and cut off by sea, with no air support whatsoever. At the end, his soldiers broke and ran before the final British attack. Furthermore, a number of the intermediate officers abandoned their units under British military pressure, leaving them in charge of their sergeants or corporals. The vast gap between the privileged officer class and the poorly trained conscripts that comprised much of the Argentine army resulted in a demoralization of the forces in the field, and a tendency for them to crumble before the attacks of the British. As oppose to Britain who possessed a well-functioning leadership, the poor one of the Argentinean can be regarded as a decisive factor in their defeat. The aspects speaking against the argument will now be discussed. The British Royal Navy dominated the Argentinean navy from the start of the conflict, although British ships were vulnerable to attacks from the air. When the British ships approached the capital Stanley, The Argentine Air Force demonstrated immense bravery and tenacity in attacking the British fleet. Without room to manoeuver, the British ships were easy targets. A high number of dud bombs were dropped over the water, where 8 ships were damaged, 2 sank, 24 died and several was injured during a short mount of combat time. Because of the mountains at the Falkland Islands, the British couldn’t detect the Argentinean planes that emerged, which speaks against the argument; that the technology wasn’t merely superior. It also shows the successful Argentinean strategy. Also, the superior technology of the British didn’t always work at their advantage. At the sea, the British sent a message to Glasgow but n ever saw the Argentinean ships emerge before it was too late, because their radio blocked the radar. 0 British were killed, and this aspect speaks against the argument that superior technology automatically must be the better choice. When analyzing this argument, other aspects must be taken into consideration. During the naval warfare, the British were inferior in numbers and the decision to attack the Argentinean ships coming from both north and south was risky; if they lost any ships including the aircraft carriers, the outcome of the war might have been different. On the other hand, the fact that the Argentinean forces were superior in number could also be used as an argument that shows that the British possessed better leadership and technology because they were able to win the war. The success of the British leadership and the failure of the Argentinean were often obvious as the decisive factor. For example: when the British had arrived to Stanley, they decided to attack during the night and caught the sleeping Argentineans by surprise. To sum this up, poor leadership and inferior technology can explain the Argentinean defeat in the Falklands War. Why was Argentine defeated? -Unclear aims and lack of strategy- what to do after they have taken over the Islands? -Great Britain acted decisive and fast -Argentina lost support of the US and regional powers -Tactical mistakes -Lack of sophisticated spare parts -Insufficient training and equipment of Argentinean soldiers How to cite Argentinean Defeat in Falklands War, Papers

Accounting Professional and Ethical Standards Board

Question: Discuss about the Accounting Professional and Ethical Standards Board. Answer: Introduction: The essay is based on the discussion of revenue recognition on Slater Gordon Lawyers as well as reviewing the article The Undoing of Slater and Gordon by Melissa Fyfe which was published in the Age". The essay will be discussing the issue which will be faced by the company in the identification of accounting policy on the revenue recognition of the work-in-progress. Further, the company there will be reporting of the capital market expectation on the growth of the firm, with the help of given article. Discussion will be also done on the fall in share price of the company by 50%. Analysis will be done on the recognition of IAS 18 Revenue with that of newly accounting standard "IFRS 15 Revenue from contracts with customers. The revenue of IFRS 15 will be meeting the accounting treatment in identified revenue under work-in-progress as mentioned in the article. Further, there will be reviewing and analysis of the annual report of the year 2013, 214 and 2015 as well as identifying the s ignificant drop in the value of revenue of the respective year. In consideration of the article identify the relevant accounting research on the factor which will be influencing the companies accounting policy and give reason for choosing new revenue standard IFRS 15. It has been observed that in 2015, there was huge drop in the value of revenue because of the early adoption of IFRS 15, in regard to that what are the factors recognized. Finally there will be identification of there will be identification of breaches in the principles of accounting ethics, that needs to be also identified in the discussion. The above essay should have clear and transparent discussion of all the point mentioned above. The essay will be written by the consideration of acts and section on the respective field. As per the article, it has been analyzed that company begun with goof strategy of buying all the law firm and consultancy of providing services, which made huge growth in the revenue of the company (Han et al., 2013). Next strategy adopted by the company was undervaluing the figures of work-in-progress by 20%. Initially Slater Gordon had started well by purchasing the entire law firm which made him increasing earning abundant revenue for the company, with the help of this strategy Slater Gordon got recognition in the ASX as in year 2007as first law firm. This helped the company in getting increase the revenue of the company. VGIs approach of shorting the approach of multi-million dollar for positioning the market had turned to be fall in the share price (Slater and Gordon Lawyers.2016). According to the article, Slater Gordon had share price was $ 1 in 2007 but by the 2016 it had increased up to $ 8. This was because it had bought the undervalued work-in-progress of certain companies, which had increased the revenue as well as the profit of the company (Fyfe,2016). After that in March 2015 the company bought the share of Quindell with $ 1.6 billion, which had been reported to be a bankrupt company in later. Qunidell haveserved to be failure for Slater Gordon and had given loss as well as strategy of loss for the company, with the help of strategy. Every year the company was purchasing the share of the big law firms for having high growth and increase in the share price of the company (Savage et al., 2013). Suddenly the government announced the crackdown on the UKs damaging compensation Culture this made a fall in the price of Slater Gordon and gradually the market of the company decreased. Due to this effect Slater Gordon price had fallen by 50%. IAS 18- Revenue will be outlining the accounting necessity for identifying the revenue from the sale of goods. Revenue will be valued in the consideration of fair value or receivable, and identified, whenever the given conditions are met will be decided by the nature of the revenue (Iasplus.com.2016). The aim of the act was to include the accounting treatment of revenue which will be affecting the specific events and transaction. Revenue in this context will be known as the gross inflow from the economic advantage arising from the activities of the operations. Revenue under this will be measured in the consideration of the fair value and on the amount receivable. Goods and service of the similar nature and price is not considered to be as transaction for generating the revenue, but the exchange will be considered in generating the revenue (Ifrs.org.2016). Moreover, IFRS 15 will be identifying the revenue from contract with that of customers coming under all the classification of leas es. IAS 17- Leases will be including the financial instrument as well as other contractual rights which will be under the obligation of IFRS 9. There are various steps for converting IAS 17 into IFRS 15. For transforming the act first the there will be identification of the contract in relation with the customers. Second the obligation of the performance in regard to the contract will be identified. IFRS 15 will be proving and beneficial for the company. Transaction price needs to be determined. Allocation of the price during the transaction will be performed in obligation to the contract. Finally, recognition of the entities revenue will be performed in the obligation of IFRS, because of the above mentioned reason (Fasb.org.2016). According to the recent annual report it has been observed that company will be following AASB 15 Revenue from contracts with customers because earlier the company was following AASB 118 Revenue because of which company WIP was balances was 15-20% lower than the usual price. Inclusion of the AASB 15 as new accounting standard will help the company giving correct valuation in relation to the work-in-progress. This adoption of the new standard helped the company in earning arise in course of companys ordinary activities. IFRS 15 Revenue from contracts with customers is similar to the standard of AASB 15 Revenue from contracts with customers. WIP stands to be a major criteria for calculating the revenue of the company. IFRS 15 will help in generating the economic benefit for the accounting period in terms of inflows or will be expanding the assets or will be decrease in the liability which is effecting with increase in equity, except for those which will be contributing the participants of equity (Aasb.gov.au.2016). In 2015 August, Slater and Gordon had made several changes in the accounting policies, with enhancement in the financial reporting system. AASB 15 had been adopted too early as part of the revenue recognition. The new standards will be identifying "No Win - No Fee" technique because of the high probability of no occurrence of the revenue. Before the adoption AASB 15, the company was using AASB 118 which was identifying the probable revenue under the economic benefit. Later the operating and financial reviewing was reflecting the necessity of new standard, with this company will be adding the accounting and actuarial advises will be refined in the methodology for identifying the work in progress. The new standard is filled with more data which will be help in valuing the WIP approach and particularly will be determining average fees per item and chances of success. There has been consistency in the earlier method, where the revenue was identified over a long period of time, through th e basis of relating to particular claim relating to the objective of every client. The company has adopted the new standard on the basis of retrospective (Deegan,2012). Balance of WIP in AASB 15 is comparatively much low than the existed method AASB 118. Finally the outcome is reached the, earlier method was inheriting the necessity of the increase in level of management judgment. Instead it will be giving the outcomes of the low probability in the threshold to that of earlier method. Due to all this there has been significant decrease in the amount of the ordinary activities which will be attributable to tax has given as loss (Rahman,2013). Moreover, because of this loss no dividend was given. Further, there is existence of negative balance in the net intangible asset. Adoption of IFRS 15 had taken place in the year 2016, which had decrease in the figure of revenue of services. Now it can be said that applicability of AASB 15 will be giving higher consistency as well as systematic approach for generating values which will be reported as revenue and WIP (Deegan,2013). Moreover, the reason for adopting the IFRS 15 as the new standard includes many factors. There are numerous reasons for adopting a new term which in term has many advantages. But for the before explaining it, let us consider some factor which will be influencing the firm can be given by the approach of Positive Accounting Theory. Positive accounting theory says that there should be changes in the accounting policies timely. There should be proper timing for adopting the new framework of accounting standards (Tarca,2012). As per the research it has been found that there will be various effects on the adoption of IFRS 15. It will be introducing a wide change as well as challenge faced by the company will be very difficult. Few of the companies will be widely getting affected because of the new rules of revenue recognition will be minimized, and there will be simple continuation of identifying the revenue as earlier (Giner Arce,2012). Challenges faced after incorporation will be of tim e, whether the identified revenue is over the period or at the particular time. The revenue from the offers of bundled and is there any necessity for the company getting split. Modification of the contract by the company will be done or not. Next, the identified revenue over the time, need to measure the success after the completion. Identification of the contract cost will be will be included in the contract of not. Finally, due to the presence of financial component, will there be any value given to time. Finally, the disclosure needs to be made about the appropriate and relevant information available. The above mentioned factor will be helping company, if IFRS is adopted, the company position can be increased effectively with profit (Aiken et al., 2013). Due to implementation of IFRS and various other factors, there was significant decrease in the revenue of the company (Daske et al., 2013). This can be clearly seen in the financial report of the company that there has the been wide decrease of PAT (Earnings before interest and tax) which in term has turned to be negative. Further, the impairment to the intangible asset has significantly increased tremendously (EY,2015). Work-in-progress had turned to be negative in the current year. Next, there has been decreasing in acquisition cost, because of the Quindells acquisition has turned to be bankrupt. The company also faced loss regarding exchange in the foreign operation, which has occurred due to deflation in the value of USD, because of which loss hedging caused due to fair value consideration has been noticed as well. There has a been significant decrease in cash (May,2014). Fair value consideration has also decreased the overall amount of total current asset. The company is running in huge loss because of the WIP which has been prepared by following the guidelines of IFRS. IFRS 15 has also lead to a decrease in the overall value of the company regarding asset as well as liabilities. The major factor influencing the financial position of the company is adoption of AASB/IFRS 15 and fair value measurement concept is applied to all the assets and liabilities of the company (AASB,15). Yes, there was the occurrence of breaches in the financial reporting. Breaches occurred in the financial statement will be considered under the "APES 110 Code of Ethics for Professional Accountants. APES 110 are stating the code of the ethics is established under Australian statutory body AASB. Under section 226 Australian Securities and Investments Commission Act 1989 is still in the continuing process by section 261 of Australian Securities and Investments Commission Act 2001 (Dakis,2016). Further, the AUASB will be explaining ASA 100 which under the preamble of AUASB Standards. As per section 110, it will be stating the principle of integrity for imposing the obligations on every member of the company. Integrity will be implied as dealing in fair value and honesty with integrity (Azimi Naim,2015). The sections between 290 and 291 of APES 110 Code of Ethics for Professional Accountants will be having certain rules that in term each and every accountant of the organization should f ollow are given as follows: There will be update in the definition of the public interest for getting the reflection of the document in the APES 110. Applicability of the independence extension will be reflected in the entities of the publically listed. A key auditor partner will be introducing the relation of guidance (Clayton Staden,2015). The requirement of the SMSF auditor will be introducing the guidance of assisting the practical application. For acting about the ethics, the code is needed to be divided into three parts namely: Part A Applicable to all the members. Part B Applicable to all the members in the public practice. Part C Applicable to all the members in the business, as well as the public practice member will also be finding it relevant. Codes of ethics generated by the APESB (Accounting Professionals and Ethical Standards Boards) will be providing IESBA (International Ethics Standards Boards for Accountants) of (International Federation of Accountants) IFAC (Apesb.org.au.2016). Each and every accountant should make the accounts of the company by taking into consideration given standards of rules and regulation in the coverage of the accounting standard. A Chief Financial Officers (CFO) is the person responsible for fulfilling the all the obligations of the company regarding the financial objective (Martinov et al., 2015). An accountant of the person of Financing is the person responsible for taking the decision related to the relevant standards of the accounting frameworks. By following the code of ethics, company will be making accounts accordingly. The obligation of the company should be fulfilled by maintaining some accounting rules the as well as concept for accounting (George et al., 2014). The essay has fully discussed the concept of revenue recognition on Slater Gordon Lawyers as well as reviewing the article The Undoing of Slater and Gordon by Melissa Fyfe who was published in the Age." The essay has further discussed issue of the company in the identification of accounting policy on the revenue recognition of the work-in-progress. Further, the company has reported the capital market expectation on the growth of the firm, with the help of given article. The discussion has been done on the fall in share price of the company by 50%. Analysis has been done on the recognition of IAS 18 Revenue with that of newly accounting standard "IFRS 15 Revenue from contracts with customers. The revenue of IFRS 15 has meeting the accounting treatment in identified revenue under work-in-progress as mentioned in the article in the current year. Further, there has been reviewing and analysis of the annual report of the year 2013, 214 and 2015 as well as identifying the reason for a si gnificant drop in the value of revenue of the respective year. In consideration of the article identification of the relevant accounting research and its factor which will be influencing the companies accounting policy and give reason for choosing new revenue standard IFRS 15. It has been observed that in 2015, there was huge drop in the value of revenue because of the early adoption of IFRS 15, regarding that there has been identification of factors. Finally, there has identification of breaches in the principles of accounting ethics with APES 110 Code of Ethics for Professional Accountants, which an accountant will be following. The above essay has made clear and transparent discussion of all the point mentioned above. Acquisition of the Quindell has been one of the major reasons for the downfall in the companys position. Form the overall discussion of the essay it has been observed that after taking in to consideration the IFRSB 15 Slater Gordon has faced huge loss. The company also faced loss regarding exchange in the foreign operation, which has occurred due to deflation in the value of USD, the value of exchange will be widely effecting the loss, hedging caused due to fair value consideration has been noticed as well. But as the company took the consideration of relevant accounting standards it has maintained the ethical decorum of the accounting frameworks and managed the books of accounts. The conclusion has been drawn that company will maintains its ethicality of the accounting shortly it may not face any slash down of the share, which stands to be the major component is accessing the position of the company. Reference list AASB, C. A. S. (2015). Revenue from Contracts with Customers. Accounting Professional and Ethical Standards Board. (2016).Apesb.org.au. Retrieved 28 September 2016, from https://www.apesb.org.au Aiken, M., Lu, W., Ji, X. D. (2013). The new accounting standard in China.Perspectives on Accounting and Finance in China (RLE Accounting),8, 159. Australian Accounting Standards Board (AASB) - Home. (2016).Aasb.gov.au. Retrieved 28 September 2016, from https://www.aasb.gov.au/ Azimi, D., Naim, M. (2015). Impact of Organization Internal Factors on Ethical Intensity of Accountants in Afghanistan.Journal of Economics and Business Research,1(1). Clayton, B. M., Staden, C. J. (2015). The Impact of Social Influence Pressure on the Ethical Decision Making of Professional Accountants: Australian and New Zealand Evidence.Australian Accounting Review,25(4), 372-388. Dakis, G. S. (2016). Upcoming changes to contributions and leasing standards.Governance Directions,68(2), 99. Daske, H., Hail, L., Leuz, C., Verdi, R. (2013). Adopting a label: Heterogeneity in the economic consequences around IAS/IFRS adoptions.Journal of Accounting Research,51(3), 495-547. Deegan, C. (2012).Australian financial accounting. McGraw-Hill Education Australia. Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia. EY.(2015).The new revenue standard affects more than just revenue, available at https://www.ey.com FASB Home. (2016).Fasb.org. Retrieved 28 September 2016, from https://www.fasb.org/home Fyfe, M. (2016).The Undoing of Slater and Gordon, the Age, 24 June George, G., Jones, A., Harvey, J. (2014). Analysis of the language used within codes of ethical conduct.Journal of Academic and Business Ethics,8, 1. Giner, B., Arce, M. (2012). Lobbying on accounting standards: Evidence from IFRS 2 on share-based payments.European Accounting Review,21(4), 655-691. Han Fan, Y., Woodbine, G., Cheng, W. (2013). A study of Australian and Chinese accountants attitudes towards independence issues and the impact on ethical judgements.Asian Review of Accounting,21(3), 205-222. IFRS - Home. (2016).Ifrs.org. Retrieved 28 September 2016, from https://www.ifrs.org/Pages/default.aspx International Accounting Standards. (2016).Iasplus.com. Retrieved 28 September 2016, from https://www.iasplus.com/en/standards/ias Martinov-Bennie, N., Mladenovic, R. (2015). Investigation of the impact of an ethical framework and an integrated ethics education on accounting students ethical sensitivity and judgment.Journal of Business Ethics,127(1), 189-203. May, I. (2014). the IASB issued IFRS 15.Revenue from Con. Rahman, A. R. (2013).The Australian Accounting Standards Review Board (RLE Accounting): The Establishment of Its Participative Review Process. Routledge. Savage, A., Douglas, C., and Barra, R. (2013). Accounting for the Public Interest: A Revenue Recognition Dilemma. Issues in Accounting Education, Vol. 28, No. 3, pp. 691-703. Slater and Gordon Lawyers UK | Solicitors Nationwide. (2016).Slater and Gordon Lawyers. Retrieved 28 September 2016, from https://www.slatergordon.co.uk/ Tarca, A. (2012). The case for global accounting standards: Arguments and evidence.Available at SSRN 2204889.