Audit Report Research Paper Example | Topics and Well Written Essays - 1000 words

Audit Report - Research Paper Example Table 4 Year 2001 2002 2003 2004 2005 2006 Jewry Inn 2.1 2.4 3.91 4.68 5.75 6.3 5. The turnover index relatives of the three hotels for a base year of 2006, computed using Excel (rounded to whole numbers) are given below: Table 5 Year 2001 2002 2003 2004 2005 2006 Moorchester 66 73 83 102 99 100 The Frilton 51 56 67 82 90 100 Jewry Inn (index) 33 38 62 74 91 100 6. (a) Absolute and relative changes in the three turnover indices between 2001 and 2006 (round to whole numbers) are shown below. Table 6 - Absolute Growth in Turnover (Base year 2006) Hotel / Period 2001 - 02 2002 - 03 2003 - 04 2004 - 05 2005 - 06 Moorchester 11 10 19 -3 01 The Frilton 10 11 15 8 10 Jewry Inn 15 24 12 17 09 Table 7 - Relative Growth in Turnover (Base year 2006) Hotel / Period 2001 - 02 2002 - 03 2003 - 04 2004 - 05 2005 - 06 Moorchester 11 14 23 - 03 01 The Frilton 10 20 22 10 11 Jewry Inn 15 63 19 23 10 (b) Interpretation of results: (i) Moorchester: It had almost equal absolute growth during 2001 - 02 and 2002 - 03 but had a sudden rise during 2003 - 04. It had a steep fall during 2004 - 05. Then it had an insignificant growth during 2005 - 06. So far as relative growth is concerned, it had uniform rise in growth during three consecutive years 2001 - 02, 2002 - 03 and 2003 - 04. It had a major setback during 2004 - 05 and an insignificant growth during 2005 - 06. (ii) The Frilton: Its absolute growth during 2001 - 02 and 2002 - 03 were almost equal. Then it had an appreciable rise during 2003 - 04 but had much lower growth during 2004 - 05. During 2005 - 06 it had marginal growth. In terms of relative growth, it had an upward trend during 2001 - 02, 2002 - 03 and 2003 - 04. But the relative... (i) Moorchester: It had almost equal absolute growth during 2001 - 02 and 2002 - 03 but had a sudden rise during 2003 - 04. It had a steep fall during 2004 - 05. Then it had an insignificant growth during 2005 - 06. So far as relative growth is concerned, it had uniform rise in growth during three consecutive years 2001 - 02, 2002 - 03 and 2003 - 04. It had a major setback during 2004 - 05 and an insignificant growth during 2005 - 06. (ii) The Frilton: Its absolute growth during 2001 - 02 and 2002 - 03 were almost equal. Then it had an appreciable rise during 2003 - 04 but had much lower growth during 2004 - 05. During 2005 - 06 it had marginal growth. In terms of relative growth, it had an upward trend during 2001 - 02, 2002 - 03 and 2003 - 04. But the relative growth was reduced to half during 2004 - 05. However it maintained almost equal growth during 2005 - 06. (iii) Jewry Inn: The picture taking 2006 as base year is altogether different than that with 2001 as base year. In absolute growth it had up and down in alternate years during entire period of evaluation 2001 - 02 to 2005 - 06. The Laspeyre Index indicates that had the number of employees remained the same there would h

Corporate crime Essay Example | Topics and Well Written Essays - 2500 words

Corporate crime - Essay Example Most media are operating in a competitive business environment, and they constantly have to balance a need for authenticity and fact with a strong pressure to provide commercially attractive copy which tempts the reader to buy newspapers or tune in to radio television and web outputs. This paper examines the way that corporate harm is reported in the media, and asks who decides which stories are worth reporting, who provides the information which forms the basis of that reporting, and what effect the media have on public perceptions of corporate crimes. Media â€Å"framing†: who decides which crimes are reported in the media? It is generally recognised that although violent crime is relatively rare compared to other kinds of crime, it nevertheless dominates the media. A recent Australian study demonstrated that the general public has a tendency to overestimate the incidence of violence and underestimate other kinds (Indermaur and Roberts: 2005, p. 143) This observation was fou nd to be the result partly of individual experience of crime, in high crime areas at least, but also to do with the way that people utilize different kinds of media sources. Local news, for example, is a source of information for most working class people, while more educated people tend to read highbrow newspapers or internet news for their information on crime. It seems that people choose to view media which echo their own views of crime, and this creates a growing tendency to focus on sensationalism and crime, rather than a more balanced and accurate range of offences. Similar results were found in an earlier American study of police, newspaper, television and public images of crime trends for the seven FBI index crimes in the United concludes that people are increasingly dependent on television, rather than newspapers, and that the condensed timescale of television news bulletins results in distortion: â€Å"Hence, there is an emphasis on soft (scheduled) news – the huma n interest story – rather than on hard news – crime events †¦ Therefore, there is a focus on homicides, fires and accidents.† (Sheley and Ashkins: 2009, p. 494) Corporate crime is rarely reported in local television and newspaper media, and it is likely that these media lack the resources to pursue major investigations, and these crimes are in any case deemed to be less newsworthy in culture that is seeking attention-grabbing drama rather than sober analysis. Some British analysis goes further than this and claims that there is an orchestrated effort going on to make sure that individuals who commit violent crime are more often reported than companies and their managers who commit white collar crime including all sorts of quite serious failings which can even result in death and injury to many people. Tombs and Whyte (2007: p. observe that corporate safety crimes are largely â€Å"invisible†, partly because they are not widely reported, but partly als o because governments and commentators so often redefine corporate safety crimes as â€Å"infringements† and many statistics do not formally record the deaths and injuries that occur in an occupational context as crimes. The vocabulary used to comment on this area of criminal activity reveals a downplaying of responsibility and a reference instead to â€Å"accidents†, which implies that no-one is to blame: â€Å"