The Crime Of Uniform Crime - 1427 Words

Uniform Crime Report for 2014 states that there are four offenses in the Violent Crime category, they include Murder, Forcible Rape, Robbery and Aggravated Assault. They only collect their data from Law Enforcement Agencies from their arrest reports. According to The Uniform Crime Report, Property Crime includes these four offenses, Burglary, Larceny/ Theft, Motor Vehicle Theft and Arson. The Uniform Crime Report reported that there were 402,470 violent crime arrests in 2014 compared to 1,275,315 property crime arrests. The National Crime Victimization Survey reported that in 2014 there were 5,359,570 victims of violent crime, and 15,288,470 victims of property crime. The National Crime Victimization Survey only collects their data of nonfatal, not reported to police and crimes reported to police against persons 12 or older. Prevalence of crime is different than victimization because one person could be a victim of an assault on two different occasions and they would be counted as a victim twice yet only be considered once for the thought of prevalence. At a rate of about 20 per a thousand people, individuals had become victims to violent crime in 2014. The prevalence of violent crime in 2014 was around 4 million people victimized at least once, yet there were around 10 million households that had become a victim of a property crime in 2014. Crime is spread out fairly equally throughout the United States, the only slight variation would be in the northeast. People in theShow MoreRelatedThe Uniform Of Uniform Crime Reporting1189 Words   |  5 PagesUniform Crime Reporting data is delivered to the public in two ways: One way is by Web publications of traditional Uniform Crime Reporting offerings such as Crime in the United States, Law Enforcement Officers Killed and Assaulted, Hate Crime Statistics, other periodic or special compilations (Soares, 2004). Older Uniform Crime Reporting publications (from 1930 to 1995) are available from the FBI’s CJIS Division as scanned Portable Document Format (PDF) files on compact discs (CDs) (Biderman, andRead MoreThe Uniform Crime Report And Crime Statistics1066 Words   |  5 PagesThe Uniform Crime Report represents police reported crime statistics. It includes a number of reported offences, actual offences, offences cleared by charge, and offences cleared otherwise (Morde n, H. K. and Palys, T., 2015). The police-reported crime statistics best represent the positivist perspective. It is not biased, and complete, accurate, and standardized to facilitate temporal and spatial comparisons (Morden, H. K. and Palys, T., 2015). It also believes that Criminal Code reflects society’sRead MoreThe Uniform Crime Report1333 Words   |  6 PagesIt is unfortunate that crime exists in our daily lives. There really is no way to stopping crime completely, no matter how many laws or punishment are present, people will continue to keep breaking rules. There are many theories of why that may be the case, for example, Caesar Lombroso and his â€Å"atavistic† theory with the Positivist School theory and how people were â€Å"born criminals†, or the Rational Choice Theory, devised by Cornish and Clarke, described that people could think rationally and howRead MoreSerious Crimes in the Uniform Crime Report546 Words   |  2 PagesThe Uniform Crime Rep ort (UCR) is consisted of two parts, part one and part two. Part one crimes are the eight most serious offenses, which is murder, rape, assault, robbery, burglary, arson, larceny, and motor vehicle theft. Part two crimes are all other crimes except the ones in part one. They also include drug offenses, sex crimes, and vandalism. The UCR is a large database that stores all the information of the crimes that are reported and arrests made each year in the USA. The method used toRead MorePredicting Crime With The Uniform Crime Reporting System1518 Words   |  7 Pages Predicting Crime with the Uniform Crime Reporting System Published: 28, March 2016 The Uniform Crime Reporting (UCR) Program has been the beginning spot for law implementation administrators, understudies of criminal equity, analysts, individuals from the media, and general society everywhere looking for data on wrongdoing in the country. The system was considered in 1929 by the International Association of Chiefs of Police to address the issue for solid uniform wrongdoing insights for the countryRead MoreFBI Uniform Crime Report1064 Words   |  5 Pagesï » ¿ Uniform Crime Reporting Gabriel Padua CJA/314 January 20, 2015 Paulina Solis Uniform Crime Report Ever wonder how crimes are measured? What is FBI Uniform Crime Report data? How these Crime Statistics are produce? And how is burglary define? FBI Uniform Crime Reporting Data The Uniform Crime Reporting (UCR) Program is one of the two ways crime rates are measured in the United States. The Uniform Crime Reports (n.d.) website, UCR is the starting place for law enforcement executives, criminalRead MoreThe Uniform Crime Report Essay1012 Words   |  5 PagesThe Uniform Crime Report, which was developed in the 1930s, is commonly used by the Federal Bureau of Investigation as a record of crimes committed all across the United States. These crimes, which fall under two categories, Part I and Part II offenses, are reported by local police to the Federal Bureau of Investigation each year. Part I offenses are considered to be the more serious of crimes recognized by society. Such examples of this are homicide, forcible rape, robbery, arson, motor vehicleRead MoreThe Uniform Crime Report And The National Crime Victimization Survey1569 Words   |  7 Pagesarguments over crime statistics. The Uniform Crime Report (UCR), Self-Report Surveys (SRS), and the Natio nal Crime Victimization Survey (NCVS) are three methods in which the government collects data, and monitors criminal activity in the United States. The Uniform Crime Reports, Self-Report Surveys, and the National Crime Victimization Survey each have both positive and negative attributes that have influenced different aspects of society. â€Å"The Uniform Crime Reports (UCR) provides official crime totals forRead MoreThe Uniform Crime Reporting System1623 Words   |  7 PagesThe Uniform Crime Reporting System (UCR) is a voluntary city, university and college, county, state, tribal, and federal law enforcement program that provides a nationwide view of crime based on the submission of statistics by law enforcement agencies throughout the country (â€Å"UCR, 2013). The UCR crime statistics are used in many ways and serve many purposes. It provides resources for different audiences such as businesses, intelligence partners, law enforcement, communities, crime victims, parentsRead MoreThe Uniform Crime Reporting Program874 Words   |  4 PagesQuestion 1 The Uniform Crime Reports, or Uniform Crime Reporting Program (UCR) are cooperative efforts that attempts to gather all of the criminal data for educational and practical purposes. The UCR takes into account the crimes within the domestic United States of America. The UCR is published by the Federal Bureau of Investigation on a yearly basis. According to the Department of Justice, the FBIs UCR Program is a nationwide, cooperative statistical effort of nearly 18,000 city, university

Experiencing Grief Essay - 1499 Words

In an increasingly globalised world, it is important that social workers are aware of the multitude of loss that immigrants experience and how this impacts on their life and the lives of others. Grief is a complex emotional response that arises from experiences of loss (Kanel 2003). Loss can be multidimensional and accompanies most big changes in our lives (Goldsworthy 2005, p. 176). Moving to another country involves multiple diverse changes, in which people experience a variety of loss (Lee 2010). This essay will demonstrate how critical and ecological perspectives would inform my practice, as a counsellor, when working with people who are experiencing grief associated with immigration. Immigrating is not a single event; rather it†¦show more content†¦Although structural arrangements create oppression, it is personally experienced. Therefore, intervention involves immediately working with individuals while also working towards institutional and structural change (Moreau 1979). Another major tenet is the concept of power and its complex operation (Fook 2013). Critical theory moves away from modernist ideas that view power as a possessed commodity, and recognises that power works in many ways (Allan 2009; Payne 2005). This approach involves analysing how language and discourses maintain power, and looks at the use of power on micro and macro levels (Allan 2009). Critical theory recognises diversity and argues that individuals have multiple and changing identities (Payne 2005). This approach views knowledge as subjective, asserting that our reality is socially constructed (Fook 2013). Reality is not something objectively discovered; rather, people always, to some extent, create reality (Hansen 2006). Language is not neutral; it actively constructs meanings and is entirely dependent on context (Hansen 2006; Allan 2009). Therefore, discourses actively construct how we understand different phenomena or experiences (Allan 2009, p. 33). This awareness allows us to move away from dichotomous thinking, and view reality as multiple and changing (Featherstone Fawcett 1995). This approach acknowledges theShow MoreRelatedDifferent Stages Of The Grieving Process1607 Words   |  7 Pagesdeals with death so they can better help provide the correct care and support. This paper will explain what grief is and the different stages of the grieving process, h ow children, being male or female, and diverse cultures cope with death, and how nurses can better support people depending on these groups. Bereavement is the time when people grief and mourn after a person has died. Grief is an emotion that is often trigged by death (Leming Dickinson, 2016). Leming Dickinson (2016) stated:Read MoreInterventions Of Children With Parents, Children, And Adolescents Mourning A Loss1502 Words   |  7 PagesEncountering Resistance: â€Å"Is it Okay for You to be Okay?† by Therese A. Rando (38) This intervention looks at clients in acute grief who appear to be â€Å"stuck† in their mourning. This intervention would be appropriate for parents who have lost a child. Acute grief is normal grief behaviors and symptoms that occur after a loss. After about six months acute grief transitions into integrated grief, the healing begins and one finds him or herself settling back into life (Zisook, S. and Shear, K. 2009). The interventionRead MoreThe Worst Thing For A Person With Experience During Their Grieving Process1576 Words   |  7 Pagesdiscovered until tragedy strikes that those who are considered close to the bereaved, are not able to offer the comfort they are seeking. Individuals who show avoidance, and even hostility towards a person grieving can be known to lack empathy. Experiencing this type of interaction with someone considered a close friend can cause resentment in the relationship, and the grieving individual is often left with negative emotions towards thei r friend (Cummins, 2014). Cummins explains, â€Å"When we experienceRead MoreA Brief Note On Complicated Grief And Emotional Regulation1119 Words   |  5 PagesAn Overview of Complicated Grief and Emotional Regulation: Rough Draft The loss of a loved one is a painful experience followed by a period of grief and mourning. Bereavement is an experience most individuals will endure at least once in their lives. For most people symptoms such as persistent yearning for the deceased, intense emotional pain, preoccupation with the deceased, and overwhelming sense of sadness only last for a period of 12 months or less before the symptoms begin to subside. For approximatelyRead MoreThe Stages Of Grief Have Been A Topic Of Debate In Grief1553 Words   |  7 PagesThe stages of grief have been a topic of debate in grief counseling since their introduction in 1969 by Elisabeth Kubler-Ross, in her book â€Å"On Death and Dying†. These stages of grief can be loosely described as a cycle of emotions that humans can expect to feel, resulting from some type of unexpected loss. Grief and loss is very normal process, and something most people will be forced to cope with at some point in their lives. However, to catego rize each person’s feelings into an arbitrary setRead MoreEssay about Healthy Grief1247 Words   |  5 PagesHealthy Grief Grand Canyon University: HLT-310V Healthy Grief Grief is a process that most everyone will go through at some point in his life. A person who is experiencing grief may have suffered loss of a loved one, loss of a job, or diagnosis of a terminal illness. The five stages of grief as described by Elisabeth Kubler-Ross in 1969 have helped in defining the steps one may go through after experiencing a loss. Every person has his own response to grief, so he may not go through every stageRead MoreUnderstanding Grief During The Hands Of Caring Nurses1184 Words   |  5 PagesUnderstanding Grief in the Hands of Caring Nurses Introduction Grief is a process of dealing with the permanence of a loss or separation and how that occurrence affects one’s well-being (Nader Salloum, 2011). This paper will discuss several types of grief, their characteristics, and the nurses’ role in recognizing and delivering appropriate interventions to help alleviate the disruptive nature of grieving. Grief in children, their perception of death and loss, and nursing interventions in dealingRead MoreHealthy Grief Essay1051 Words   |  5 PagesHealthy Grief Grand Canyon University HLT-310V ` Job was a faithful follow of God who experienced tragedy as a result of Satan’s test of God. As a result of this test, Job moves through the stages of grief to complete his healing process. Kà ¼bler-Ross study of an individual’s grief led her to define and divide grief into five stages; denial, anger, bargaining, depression, and acceptance. This paper will examine the similarities joy and grief share. Lastly, how the author handles grief in theirRead MoreThe Process of Acceptance Essay1504 Words   |  7 Pagescomposed of several stages necessary to finally reach healthy results. The progression to the feeling of acceptance is a key connection between the film Groundhog Day, Adam Zagajewski’s â€Å"Try to Praise the Mutilated World†, and the Elisabeth Kà ¼bler-Ross Grief Cycle. Though all are diverse, they share the same idea of understanding and admitting to the elements of reality that we cannot change, which in turn, can provide us with inner-pe ace and freedom. There are several steps to acceptance, during theRead MoreLoss : The Many Faces Of Grief1406 Words   |  6 Pages Adaptation to Loss: The Many Faces of Grief Hadley Rhodes Denver School of Nursing  Abstract The life transition of death and dying is inevitably one with which we will all be faced; we will all experience the death of people we hold close throughout our lifetime. This paper will explore the different processes of grief including the bereavement, mourning, and sorrow individuals go through after losing someone to death. Bereavement is a period of adaptation following a life changing loss. This

Geography and history of canada Free Essays

Relationship between the Geography of Canada and Its History Veronica Guerrero FarJat CDNS 101 Royal Roads University Ms. Michelle Hardy November 20, 2013 What is the relationship between Canada’s geography and its history? According to M. Hardy, (personal communication, March 27, 2012) my course material (2013) establishes that Canada is a North American country with 10 provinces and 3 territories; worldwide appointed as the 2nd largest country in the world Canada, is well known by its diverse but fascinating history! Canada fought over by the French and the British, the British won and end colonizing this one. We will write a custom essay sample on Geography and history of canada or any similar topic only for you Order Now This essay analyses the diversity of Canada’s early history of settlement related to its geography. In order to see the connection we comprehend how the aboriginal people first came to Canada by following the wildlife; then the Europeans came to Canada because the vast of natural resources; and finally allowing the French people to settle in Quebec province. This paper argues that historical settlement of Canada was transformed by its geography. Canada used to be named â€Å"Kanata†: Huron- Iroquois word for village or settlement. In order to survive, as human beings we do many things such as feed, socialize, we procreate, we follow†¦ t mostly we stay together and we fight to survive. On this paragraph I will explain in detail how Aboriginal people first settle in Canada by following the wild life: Firstly, the earth warmed up, the ice masses melted and receded; which it means: open migrations routes (corridors). Following this fact, animals were capable to cross l and bridges of the Alaska-Bering. Secondly, Aboriginal people appear in Canada’s history by spreading out into the in abi n table areas ot north-western America, everything for huge reason: FOOD! They had to acquire certain skills such as hunting, fishing, etc. n order to survive. But animals; were their ain reason of settlement so then they stay and spread across the land. To conclude I would like to point that as the climate and land conditions changed the land start to became rich and productive; natives were able to stay and that is one of the most important reasons how those first peoples are crucial for Canada’s history; they represent thousand years of culture and wherever people nowadays agree or not they are Canada’s first peoples. When two worlds meet, amazing things happen. According to my course material (2013) 1500-1791 was the time when Aboriginal people and Europeans were in contact. When Europeans first came to Canada, they ere amazed on this area because of the vast of natural resources; for example, wood/lumber that they could use in Europe so it can help with the development of their country. Firstly, Henry the VII financed an exploration to North America headed for the Italian explorer John Cabot in 1497. But it wasn’t until 1610 when the English settlement begun. As tension set between France and England in Europe, competition leaded in the Americas. Subsequently, Henry IV of France assigned Samuel de Champlain to explore the new lands in the Americas; Champlain is an important figure in Canada’s history because he opened up the St Lawrence River nd stretched French influence through the great lakes basin. As well, Champlain was involved with a group who were interested in the fur trade; the French and Aboriginal people collaborated in the vast fur trade economy. The fur trade was a trade between the French and first nation people for the exchange on items such as tool (beaver) and weapons. The short hairs of the beaver were used for making fashion hats and those were sended to Europe. In conclusion, the Fur trade had formed an important part of the early economies of both the English and French colonies and is very significant for Canada’s early history because it’s Canada’s first conomy developed because of the beaver; which is a natural resource, this one and the wood/lumber are the two greatest examples why Europeans were so interested in this land so they are part of Canada’s early history and we see the connection based on their decision after all happened deciding to settle here and so they end colonizing this country. On the early years of Jacques Cartier’s France had been building up a colony along the ST Lawrence River. Conflict between France and England had been building up since then; European confrontations spilt over into the new world and in 1629 Kirke of England ended the French colony of Port Royal. This set the stage for opposition between the English and The French not only in the America’s but also across the world. As I point in the beginning, Canada’s is the 2nd largest country in the world. So now knowing that Canada is such a big country people is required for its development so after all the British conquered the former French colonies, absorbing them into their North American territories. Nevertheless, the French settled primarily in what is today known as Quebec and Nova Scotia. Britain allowed the French to stay because they needed them to settle this country; s well, Britain supported Canada with immigrants and money. Finally, once Canada had become a country, the goal was to unify, define, and built a state. This does not mean that the French Canadian renounce their mindset as Canadian or that they torgot their traditions and heritage. French was made the 2nd official language ot government in order to maintain French political support. I would like to emphasize that having all those facts and Canada being such a big country is essentially linked to its history bringing immigrants and the Europeans settling in this country. A omparison of Canada’s history and geography; Mexico is diverse and it has 3 thousand years of history. According to world history project (2007) The Republic of Mexico is huge, comprising nearly two million square miles of coastline, desert, rain forest, mountains, and fertile plains. As Canada, Mexico is named as the 4th largest country in the western hemisphere and is rich in natural resources such as oil and natural gas. From the American borderlands of the extensive, agriculturally rich north, the country narrows gently as it sweeps south and east. As well as Canada, is bordered by the United States. In Canada’s history we understand in some point the need of people while in Mexico there is a City (Mexico City) that is considered one of the most populous cities in the world. The population in Mexico is around 120. 8 million peoples. Although Mexico and Canada are very different countries, they have somehow things in common such as history of colonization. Canada was colonized by the British in the other hand, Mexico was colonized by Spain. Both, British and Spain were amazed by Canada’s and Mexico’s landscape, their beauty and its natural resources. Finally, Canada and Mexico are two greatest countries and somehow their istory and wealth on natural resources motivated other countries such as Britain and Spain to gain interest on them and that’s how their history is similar. In conclusion, Canada is a land of diversity, creativity and liberal attitudes. The Canadian people are a mosaic of ethnicities; it means that as well it’s formed by other nationalities which together they form a great home. We understand the connection by first, historical settlement of aboriginal people in Canada by following wildlife. Secondly, Europeans came and settle because of Canada’s vast of natural resources nvolving the fur trade as a firs economy developed and finally, settlement of French people over Quebec province because of Canada’s size and need of people. To conclude I would like to quote something that Lorraine Monk an editor of â€Å"Canada the Things We Hold Dear†: An Album of Photographic Memories (1999) said: â€Å"The search for Canada is a personal Journey. The search for a national identity is a Journey without an end. It began a long, long time ago. It will continue into the far distant future. How to cite Geography and history of canada, Papers

Audit Risk and Materiality Guidelines †Free Samples to Samples

Question: Discuss about the Audit Risk and Materiality Guidelines. Answer: Introduction: The Auditing standard ASA 520 has provided the guidelines in relation to analytical procedure and the way it can be implied to business (Sanderson, 2014). The standard deal with the auditor use of the analytical procedure and the way it is applied at the year end to draw anoverall conclusion over the financial report. The auditor before applying the process need to determine the suitability of the procedure taking into account the risk of the material misstatement and check the detail for this assertion. The auditor also needs to take into account the source, nature, therelevance of the information and control over the preparation at the time of using ratio (Jans, et. al., 2014). The auditor at the time of audit planning needs to determine the area which is to be examined in detail. The auditor needs to comply with the guidelines provided in ASA 200 at the time of identifying the risk in relation to the audit of the DIPL. The inherent risk occurs due to amaterial misstatement in the financial statement which may be due to error or omission and thereason behind the same is other than the internal control system (Clikeman Diaz, 2014). The inherent risk is said to be high when there is thepossibility of misstatement in the financial statement and occur due to complexity in recording the transaction. The auditor at the time of reporting should focus on error free and inherent free risk reporting at the time of reporting to make anaccurate decision. Inherent risk Reasons for inherent risk Impact on material misstatement 1. Inventory The DIPL acquire resources from two different Australia and Asian countries which create complexity at the time recording the transaction and may lead to misstatement due to thedifference in theexchange rate over the period of time. Also, the company for the purpose of stock taking closes its books of accounts on 27th June which may lead to many of the time unrecorded thus leading to theinappropriate recording of the inventory. The material misstatement may lead to thewrong valuation of the inventory as the company may failto track the inventory which in transit which may lead to undervaluation and overvaluation of the inventory thus affecting the reporting of the financial statement (HematfarHemmati, 2013). 2. E-book revenue The other area where there is the possibility of inherent risk is in recognizing the revenue from E-book. There may be thepossibility of inherent risk as the storage fees are recognized in the month when fees are invoiced instead of the fact that the fee is charged 12 months in advance (Yoon, et. al., 2015). The misstatement in the E-book revenue will lead to improper allocation of the fee over the period as the company recognizes the fee during the period when payment is made to the publisher. The auditor needs to work over the audit risk before starting the audit process to report the true and fair position of the financial statement of the entity. Fraud risk Identification of fraud risk Audit impact 1. Cash receipt There is arisk in the receipt of the payment from mails as the cashier record the transaction in the inward remittance register and then reports the transaction to the Gay Chan for posting in account receivable register. The Judy bones also record the receipt from the online banking and then reconcile the account receivable for the amount banked for the day (Zamboni Litschig, 2013). There may be apossibility that the Judy Bones may commit fraud as she has complete control over the bank transaction. The auditor needs to make effort to obtain sufficient evidence and examine the internal control over the cash receipt. As the receipt of the cash is the most probable area where fraud can occur. 2. New IT system The company has also invested in new IT system which will computerize the current accounting process. There may be thepossibility of the error as the employee was unaware of the new system and the excess pressure was implemented over the staff to install the new system. Due to the change in the accounting system, the transaction was not reported to the proper period which may create impact over the reporting over the true and fair position of the financial statement. The auditor needs to examine the new IT system and the transaction which occurred during the period as there may be thepossibility of fraud (Baldauf, et. al., 2015). References Baldauf, J., Steller, M., Steckel, R. (2015). The Influence of Audit Risk and Materiality Guidelines on Auditors Planning Materiality Assessment. Accounting and Finance Research, 4(4), 97. Clikeman, P. M., Diaz, J. (2014). ABC Electronics: An Instructional Case Illustrating Auditors' Use of Preliminary Analytical Procedures. Current Issues in Auditing, 8(1), I1-I10. Hematfar, M., Hemmati, M. (2013). A Comparison of Risk-Based and Traditional Auditing and their Effect on the Quality of Audit Reports. Jans, M., Alles, M. G., Vasarhelyi, M. A. (2014). A field study on the use of process mining of event logs as an analytical procedure in auditing. The Accounting Review, 89(5), 1751-1773. Sanderson, J. (2014). Audit issues. SMSF Guide: Current Issues and Strategies for the Self-Managed Superannuation Funds Adviser, 377. Yoon, K., Hoogduin, L., Zhang, L. (2015). Big data as complementary audit evidence. Accounting Horizons, 29(2), 431-438. Zamboni, Y., Litschig, S. (2013). Audit risk and rent extraction: Evidence from a randomized evaluation in Brazil. UniversitatPompeuFabra.

Audit Risk and Materiality Guidelines †Free Samples to Samples

Question: Discuss about the Audit Risk and Materiality Guidelines. Answer: Introduction: The Auditing standard ASA 520 has provided the guidelines in relation to analytical procedure and the way it can be implied to business (Sanderson, 2014). The standard deal with the auditor use of the analytical procedure and the way it is applied at the year end to draw anoverall conclusion over the financial report. The auditor before applying the process need to determine the suitability of the procedure taking into account the risk of the material misstatement and check the detail for this assertion. The auditor also needs to take into account the source, nature, therelevance of the information and control over the preparation at the time of using ratio (Jans, et. al., 2014). The auditor at the time of audit planning needs to determine the area which is to be examined in detail. The auditor needs to comply with the guidelines provided in ASA 200 at the time of identifying the risk in relation to the audit of the DIPL. The inherent risk occurs due to amaterial misstatement in the financial statement which may be due to error or omission and thereason behind the same is other than the internal control system (Clikeman Diaz, 2014). The inherent risk is said to be high when there is thepossibility of misstatement in the financial statement and occur due to complexity in recording the transaction. The auditor at the time of reporting should focus on error free and inherent free risk reporting at the time of reporting to make anaccurate decision. Inherent risk Reasons for inherent risk Impact on material misstatement 1. Inventory The DIPL acquire resources from two different Australia and Asian countries which create complexity at the time recording the transaction and may lead to misstatement due to thedifference in theexchange rate over the period of time. Also, the company for the purpose of stock taking closes its books of accounts on 27th June which may lead to many of the time unrecorded thus leading to theinappropriate recording of the inventory. The material misstatement may lead to thewrong valuation of the inventory as the company may failto track the inventory which in transit which may lead to undervaluation and overvaluation of the inventory thus affecting the reporting of the financial statement (HematfarHemmati, 2013). 2. E-book revenue The other area where there is the possibility of inherent risk is in recognizing the revenue from E-book. There may be thepossibility of inherent risk as the storage fees are recognized in the month when fees are invoiced instead of the fact that the fee is charged 12 months in advance (Yoon, et. al., 2015). The misstatement in the E-book revenue will lead to improper allocation of the fee over the period as the company recognizes the fee during the period when payment is made to the publisher. The auditor needs to work over the audit risk before starting the audit process to report the true and fair position of the financial statement of the entity. Fraud risk Identification of fraud risk Audit impact 1. Cash receipt There is arisk in the receipt of the payment from mails as the cashier record the transaction in the inward remittance register and then reports the transaction to the Gay Chan for posting in account receivable register. The Judy bones also record the receipt from the online banking and then reconcile the account receivable for the amount banked for the day (Zamboni Litschig, 2013). There may be apossibility that the Judy Bones may commit fraud as she has complete control over the bank transaction. The auditor needs to make effort to obtain sufficient evidence and examine the internal control over the cash receipt. As the receipt of the cash is the most probable area where fraud can occur. 2. New IT system The company has also invested in new IT system which will computerize the current accounting process. There may be thepossibility of the error as the employee was unaware of the new system and the excess pressure was implemented over the staff to install the new system. Due to the change in the accounting system, the transaction was not reported to the proper period which may create impact over the reporting over the true and fair position of the financial statement. The auditor needs to examine the new IT system and the transaction which occurred during the period as there may be thepossibility of fraud (Baldauf, et. al., 2015). References Baldauf, J., Steller, M., Steckel, R. (2015). The Influence of Audit Risk and Materiality Guidelines on Auditors Planning Materiality Assessment. Accounting and Finance Research, 4(4), 97. Clikeman, P. M., Diaz, J. (2014). ABC Electronics: An Instructional Case Illustrating Auditors' Use of Preliminary Analytical Procedures. Current Issues in Auditing, 8(1), I1-I10. Hematfar, M., Hemmati, M. (2013). A Comparison of Risk-Based and Traditional Auditing and their Effect on the Quality of Audit Reports. Jans, M., Alles, M. G., Vasarhelyi, M. A. (2014). A field study on the use of process mining of event logs as an analytical procedure in auditing. The Accounting Review, 89(5), 1751-1773. Sanderson, J. (2014). Audit issues. SMSF Guide: Current Issues and Strategies for the Self-Managed Superannuation Funds Adviser, 377. Yoon, K., Hoogduin, L., Zhang, L. (2015). Big data as complementary audit evidence. Accounting Horizons, 29(2), 431-438. Zamboni, Y., Litschig, S. (2013). Audit risk and rent extraction: Evidence from a randomized evaluation in Brazil. UniversitatPompeuFabra.