How to write a business essay - Free Essay Example

HOW TO WRITE A BUSINESS ESSAY Introduction Business Essays cover a variety of subjects. You could be asked to provide Essays on areas as diverse as finance, marketing, corporate ethics, leadership, human resources, production, product development and a wide range of other topics. Essays also take many forms. Your tutor, examiner, university entrance assessor, boss or whoever sets the Brief (the Client) could ask you to illustrate, discuss, analyse, critique, interpret, review, or explain the subject matter. The Client will be using the Essay to assess and evaluate your business knowledge and understanding. How effectively you assimilate the Brief, research the issues and ultimately provide an Essay of insight and originality will reflect on this judgement. This guide covers the steps for preparing a Business Essay for your Client. It is a general framework and may not cover every element for a specific piece of work. Some steps could be more important than others dependant on your interpretation of the Brief and the Clients requirements. Plan and Prepare This is the most critical step in the process. A clear understanding of the subject matter, the key elements of the Brief and the Clients requirements is essential for preparing a final product worthy of your expertise. These fi rst steps should be revisited regularly throughout the preparation of the Essay. Understand the Brief Identify what the Client is looking for. Try and get into the Clients mind to understand the critical issues. If you are unsure about any part of the Brief, ask for guidance. Clearly define the required outcomes. A short statement of objectives will help you concentrate on the main issues. Define the key elements and essential points the Essay will cover. Review any course notes or projects the Client has identified as relevant for this assignment. Plan an outline for the Essay structure with bullet point notes Think about the Introduction carefully. Note what should be covered. Outline the body of the report with sections for each major issue. Decide which topics and arguments require further research. Note the key points to be covered in the Summary/Observations with the focus on outcomes and objectives. Decide if any Conclusions are required. Develop timelines for each stage to achieve the submission deadline. Conduct the research Plan the research carefully. Read around the subject; develop the arguments and list the issues and facts to be included. Define those facts which are common knowledge and decide on the ideas or opinions that need to be appropriately referenced. Search for relevant, credible sources from professionals, scholars and academics. Don’t use popular websites or unattributed articles. Look for research or reports of current corporate issues for topicality and relevance. Use live interviews where possible. Use current material with the latest editions and revisions. A Brief with an historical context will require references from the relevant period. Clearly and correctly quote and attribute views and ideas that are not your own. Don’t plagiarise Organise, collate and note your sources for future reference and bibliography. Marshal and Analyse the Facts and Arguments Now is the time to develop the Essay in detail. Revisit and revise the sections in the original outline. Develop the topics for the body of the Essay and write the detailed draft, section by section. Develop the structure and main body of the Essay Decide the important arguments and opinions for inclusion in the body of the Essay. Identify any relevant examples from your own personal business experience for inclusion if pertinent. Prepare sections and paragraphs with a logical flow. Develop appropriate transitions from paragraph to paragraph and section to section. Write the detailed content in draft Strive for originality in approach and content. Marshall the facts to develop structured, logical, cogent observations and arguments. Make objective assessments based on verifiable, factual information. Include the use of diagrams, tables and graphics if it helps interpretation and understanding. Use short, simple sentences for clarity of expression. Acronyms should be in brackets initially, e.g. European Central Bank (ECB). Develop the Summary, Observations and/or Conclusion. Write the Introduction covering the required outcomes, critical issues addressed, key facts and arguments with a short summary of the observations and/or conclusions. Exclude subjectivity, hubris or emotive language. Avoid buzz-words and overly technical language. Revise, Edit and Submit If time allows take a break before this step of the process. Revision requires concentration and a fresh mind. You will want to ensure facts, content and sources are logically presented and referenced. This is also the stage where grammar and style are checked for accuracy and consistency and the layout and appearance of the Essay is determined. Finalise and submit your Essay and look for feedback from the Client to help you improve. Check for logical flow and accuracy of content Check for clarity, originality and transitional flow of sections and paragraphs. Reread the Introduction and Summary/Observations/Conclusions to ensure logic is maintained. Make sure the outcomes are clear and concisely stated. Rewrite and revise paragraphs and sections as required. Grammatical accuracy Check the correct use of grammar, spelling and punctuation. Check for syntax errors such as mixed tenses, passive voice, etc. Layout and style Check the format meets the Client’s instructions or customary style. Finalise title page, contents page and section or chapter headings. Format references and bibliography using the prescribed style, Harvard, Oxford APA etc Finalise layout and presentation with wide margins for reader’s notes and comments. Final proof reading Review the Essay with the Client’s eyes and revise as necessary. Ask for constructive comments from knowledgeable friends or colleagues. Finalise and submit Change from draft to final form. Submit the Essay as instructed. Seek out constructive comments/criticism from Client. Compare your Essay with any models provided. Identify areas for improvement and note for future reference. 1 ACADEMIC KNOWLEDGE BRIEF 214116

Adventure English Essay - 763 Words

â€Å"Adventure English: Experiences with Face-Saving† Case study: week 2 writing assignment Part 1. How did Jackie Wong establish a relationship with Cory Wright and the Adventure English company? How does this relate to the notion of face? Principal Jenny Chan that knew Jackie Wong had recommended the Adventure English Company to Jackie Wong. She had guided a school from their region to the Adventure English Company. She said their children were very happy. And that they made a very safe and valuable trip for them. This relates to the notion of face through the recommendation of Jenny Chan that was happy and that the children were happy. It was of truth that she had experienced already. How do you think†¦show more content†¦Phillips gave to the students first as to the Taiwan group gave gifts to highest of position first to the lowest. Superintendent Li may have felt a loss of face, because Phillips had embarrassed him in front of everyone. And the force of having to open the gift of right there, right now it was not in their custom. Part 3. Do you think Jackie Wong’s apology was based on a feeling that Jackie had done something wrong? Why? How do you think Robin Phillips interpreted the apology? Why? No I don’t think that Jackie Wong’s apology was based on a feeling that he had done something wrong. It is due to the lost of face he was trying to avoid confrontation with Robin Phillips so he was being apologetic. Robin Phillips interpreted the apology as if there was a problem that needed to be dealt with. He wanted the group to have their needs met. Why didn’t Superintendent Li voice her concerns when Robin Phillips approached her? Superintendent Li may not have voiced her concerns when Robin Phillips approached her. Because in this culture they try to avoid any confrontation. I also feel that Robin Phillips was to up front and forward. This had caused Superintendent to lose face with Phillips. Epilogue: Part 4. Why do you think Jackie Wong and Superintendent Li would not return phone calls or other communications? They were not returning phone calls or other communications do to Jackie and Li had lost-face with Robin Phillips do to theShow MoreRelatedThe Adventures Of Huckleberry Finn Summaries Honors English 13451 Words   |  14 PagesThe Adventures of Huckleberry Finn Summaries Honors English 1 Ansh Patel Chapter 1 The book begins with the Huck Finn stating that he was a character in a different book â€Å"The Adventures of Tom Sawyer†. Huck says that the author Mark Twain mostly told the truth in that book, but also threw a couple stretchers in there. He talks about how he and Tom found 6,000 dollars each from inside of a cave. Their earnings were taken by the local judge, Judge Thatcher, and put into a bank account. 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Because of the society Huck has grown up in, he often overlooks his traveling companion, Jim. ThroughoutRead MoreEssay on Prejudice and Racism in The Adventures of Huckleberry Finn833 Words   |  4 PagesPrejudice and Racism in The Adventures of Huckleberry Finn      Ã‚   The Adventures of Huckleberry Finn, by Mark Twain, is an excellent example of racism in literature, because it uses language describing African Americans which goes beyond satire.   It treats them as objects and perpetuates stereotypes. It does not expose and deal with racism, as many advocates of its reading claim, but encourages an attitude of superiority that is unnecessary and intolerable. In order to rid

A Review of Think Through Math

Think Through Math (TTM) is an interactive online mathematics program designed for students in grades 3-Algebra I. It was created in its current form in 2012 and was a spin-off of the popular Apangea Math program. The program provides users with both direct instruction and remediation. Think Through Math was developed to prepare students for the Common Core State Standards and the rigorous assessments associated with the standards.   Students are enrolled in a unique pathway based on their grade level. Students are also given an adaptive assessment that prescribes precursor activities designed to build skills needed to achieve grade-level proficiency. These activities are added to the pathway. Each lesson in a pathway is divided into six unique skill-building components including a pre-quiz, warm up, focus, guided learning, practice, and a post-quiz. Students who demonstrate proficiency on the pre-quiz for a particular subtopic are able to move ahead. Think Through Math is a revolutionary program for student learning. It combines a unique blend of adaptive assessment, skill building, student motivation, and individualized live instruction. The entire program is geared to enhance classroom learning by filling gaps that a particular student may have and prepares them to meet the rigor of the Common Core State Standards. Key Components Think Through Math makes it simple to add a single student or a whole class by uploading a data template. It has terrific reporting that makes it easy to monitor individual student or whole class progress. It also has a terrific and easy to use interface making it easy for teachers and students to monitor usage, check performance, compare accomplishments, and check goals. Think Through Math allows and encourages students to access the program at home after school and on weekends to maximize the impact of the program. Think Through Math allows teachers to send messages to directly to individual students through the messaging system. Students are only able to receive these messages. They cannot send or respond. Instructional With Diagnostic Components Think Through Math provides both direct instruction and intensive remediation within the same program. It places each student in a â€Å"pathway† containing skills needed to be successful at a particular grade level. It also provides students with an initial adaptive assessment which assigns precursor activities designed to remediate the skills needed to do the required grade level work. Think Through Math continuously monitors and adapts to the individual, adding new material, based on performance throughout the program. Think Through Math Is Motivational Think Through Math allows users to create and personalize their own unique avatar. It provides continuous contests across multiple categories for terrific prizes such as an iPod touch, gift cards, etc. It also allows teachers to set classroom goals for a pizza party or ice cream party. Students can then donate their points towards that goal, and when the class reaches the goal, the teacher will receive a gift card to help purchase the goodies for the party. Think Through Math allows students to donate their points to charity. $10,000 points $1.00. Charities that they can donate to include St. Jude’s Children Hospital, World Wildlife Fund, Make-A-Wish Foundation, The Boys and Girls Club of America, The Wounded Warrior Project, Big Brothers Big Sisters of America, PACER’s National Bullying Prevention Center, and American Red Cross. The program provides users with incentives and rewards. Each time they complete an activity, they earn points. They can use their points to purchase new features for their avatar, donate points to a charity, or they can give points towards a goal their class is trying to achieve as discussed previously. Think Through Math provides users with badges for achieving goals or reaching for milestones within the program. There are four levels of badges including bronze (easiest), silver, gold, and diamond (hardest). Students can see both the badges they have earned and those they have not earned. They can then work towards earning badges they do not have. Think Through Math provides students will printable certificates each time they pass an individual topic. Think Through Math Is Comprehensive Think Through Math is Common Core aligned in content, process, and assessment that encourages critical thinking and problem-solving development. It provides students with access to a calculator, critical math formulas, and key mathematics vocabulary terms at any time within the program. Think Through Math has an audio tool available in both English and Spanish that allows questions and answer choices to be read to struggling readers or English Language Learners. Think Through Math gives students the opportunity to demonstrate mastery by taking a pre-quiz over a particular topic. A pre-quiz consists of eight questions. A student who demonstrates mastery on the pre-quiz will immediately move on to the next lesson. It provides students with a three question â€Å"Warm Up† activity designed to activate prior knowledge by reviewing the math skills you have already mastered, but that is essential to the new skill you will be learning. The program provides you with step by step illustrations and explanations for solving each problem no matter whether you get them correct or incorrect. Think Through Math provides students with a three question â€Å"Guided Learning† activity allowing you to work through the new math. It also provides students with multiple help features within the â€Å"Guided Learning† activity. This occurs through a learning coach. To receive help simply click on the learning coach at any time. If you have not answered the question, an explanation of the concept with visuals will pop up to help you. If you answer the questions incorrectly, an explanation of the concept will pop up. If you still do not understand, you may again click on your learning coach. A box will pop up asking you if you want to work with a teacher. Click â€Å"teacher† and you are able to connect to a live certified math teacher that will walk you through the process and answer any questions you have. If you have audio and a microphone, you can have a direct conversation with them. If you do not, then you can communicate with each other in a text chat. Think Through Math provides students with a ten question â€Å"Independent Practice† activity allowing them to practice what they learned and to use the feedback to understand the concept further. Think Through Math provides the student with an eight-question â€Å"Post-Quiz† activity allowing them to demonstrate their understanding of the new concept. Students are only given one attempt per question. If they fail, they will have to retake or remediate the concept. Key Reports An overview report allows you to monitor how many lessons each student has attempted and passed and gives you pass rate percentages for both target and precursor lessons, while a student detail report provides you with a detailed progress report for each individual student. An individual pathway report provides you with a detailed overview of the progress that an individual student is making on their individual pathway, while the standards report allows you to monitor student progress based on individual state standards or the Common Core State Standards. Cost Think Through Math does not publish their overall cost for the program. However, each subscription is sold as an annual subscription cost per seat. There are several other factors that will determine the final cost of the programming including the length of the subscription and how many seats you will be purchasing.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Research Think Through Math is a research-based program. Its development spans over two decades. It is grounded on the foundation of helping students analyze and solve word problems effectively. This is done through the principles of active problem solving, explicit instruction, gradual release, elaboration theory, categorization of a prototype, mastery learning, a zone of proximal development, assessment and differentiation, and worked examples. In addition, Think Through Math has been the focus of several critical field studies involving more than 30,000 students across seven different states.

Helicobacter Pylori Molecular Mimicry between Pathogen and Host Free Essay Example, 3750 words

Until 1991, medical microbiologists had been teaching that the stomach environment was too harsh to support microbes. This changed following the discovery of Helicobacter pylori, which opened an exciting new chapter in our understanding of bacterial life (Rabeneck and Ranshoff, 1991). Helicobacter pylorus not only grows and thrives in the stomach, but it may also be responsible for 90% of gastric and duodenal ulcers, though most infections are asymptomatic. Helicobacter pylori produce large amounts of urease, which converts urea into ammonia and carbon dioxide. Bacteria survive the stomach environment by being surrounded by ammonia molecules, which neutralize stomach acids. Many bacteria invade the mucin layer, but only H. pylori have the adhesins that bind to mucosal cells. These adhesins include Lewis blood group O antigens, phosphatidyl-ethanolamine, sialic acid, and laminin. H. pylori also produce cytotoxins that cause the symptoms of peptic ulcers. The cytotoxins produce vacuol es within the mucosal cells lining the stomach and small intestine. When the injected mucosal cells die, gastric acids and digestive enzymes cause the formation of ulcers. H. pylori isolated from patients with peptic ulcer disease and with gastric cancer contained a 38-kb fragment of DNA that was not present in asymptomatic carriers. We will write a custom essay sample on Helicobacter Pylori: Molecular Mimicry between Pathogen and Host or any topic specifically for you Only $17.96 $11.86/page

Reid Animal Farm Communism By Me, Carson Kiefer, Grant...

Reid: Animal Farm Communism by me,Carson Kiefer, Grant Mcnatt,Mason Friant and Jourdin Edwards Jourdin: Our main questions and topics of this presentation were how communism is supposed to work? How did it actually play out when the Soviet Union adopted it? Did any other countries adopt communism? How has it worked for them? But, before we can get into all the deep questions,controversies and bias we first have to know some background information on communism, how it was formed and just some important points.First you should know where it all started. The original â€Å"father† of communism was Karl Marx and he came up with a theory to get rid of social,and financial classes and for everyone to be equal in practically every single way. This†¦show more content†¦And lastly would be the achievement of utopia. This phase has never been completed because in order for it to happen ALL other forms of government in the world must be abolished prior to achieving the utopia for everyone to be truly equal. Carson: Marx’s system was for the government to create high income taxes and takes property until the state/country owns everything and the people own nothing making them â€Å"equal†. His system also had several principles including the government having complete control over education,labor, and communication vehicles(i.e.the media), the government has ownership of transportation,agricultural means and factories. Nobody has ownership of private property, no rights to their inheritance, there’s a heavy income tax on everyone. Basically the government owns everything and the people own nothing. Grant:What actually happened when Russia adopted communism was far from the idea of Karl Marx.After Russia had overturned the Tsarist rule and established a communist country they were actually doing pretty good for a while,the system was working fine,the people were happy and everyone was â€Å"equal†.After a Vladimir Lenin(head of government) got out of office a man named Joseph Stalin came into office. This is where it all went wrong. Stalin changed the leadership, and rules in the government and became a dictator. Millions of citizens died during his reign, although he turned the peasant society of the Soviet Union

HRD Different Perspectives, Aims, and Objectives Free Essays

Different paradigms present different perspectives of HARD (Human Resource Development) in terms of its aims and objectives. Consequently, it important to understand the different paradigms since each paradigm will have different approaches while solving HARD related problems. Experts advise that individuals build their personal beliefs regarding which paradigm suits his or her practice. We will write a custom essay sample on HRD: Different Perspectives, Aims, and Objectives or any similar topic only for you Order Now In our context, It is best to divide HARD into two different paradigms, the performance, and the learning paradigm since they are definite. Moreover, the learning paradigm and the performance paradigm overlook most of the HARD practice as well as the thinking. The learning paradigm Is especially predominant In HARD practice In the United States of America. The learning paradigm and the performance paradigm are very dissimilar in many aspects. For instance, as the learning paradigm focuses on individual learning the performance paradigm focuses on the individual performance improvement. Learning paradigm of HARD is the field of study and practices that nature a long- term work-related learning capacity in an organization at all levels I. . Individual, organizational, and group levels. The performance paradigm of HARD is the art of realizing units of mission-related outputs. In addition, performance can be an organized system meant to accomplish a purpose or a mission. Though the two paradigms are diverse, they both agree on some aspects, for Instance they both agree that Improvement of organizations Is through human expertise. Different experts and philosophers hold different perspectives on the performance aspect. Performance can be as a natural outcome of humans’ actively, reference is an important input in economic activities, or performance can also be a tool of oppression. There are different views held regarding then learning paradigm. Learning is a humanistic Endeavor, as it enhances the potential of human beings. Learning can also end up being an oppressive tool, for instance in the context of communism where learning is used to control the society. Learning is an instrument for the transmission of information needed by individuals. Nevertheless, it would be ignorant to draw that the two paradigms cannot converge since HARD operates best under Integration of the two. Chapter 8 Primary, the chapter Is about the theories on performance. Performance theory varies In comparison to the learning theory since It concentrates on teams, processes, organizational systems, and Individuals. Organizational effectiveness Is the mall precursor to performance and can be in different models. It can be a goal model, constituencies model. HARD is not the only discipline interested in performance and consequently analyzing HARD is normally on a basis on the different perspectives of performances. There are other different perspectives such as performance is a ultrasonically phenomenon. Performance models are of wide ranges of disciplines such as sociology, ethics, quality, psychology, and etcetera. Individual level performance models were because of HARD since; HARD has its foundation on individual learning. The models are the human performance technology and they try to define the common individual performance and the factors influencing individual performance. The financial performance entails the financial benefits of the HARD programs. Different factors influence the HARD profession such as the value-laden myths. Some of the myths are that the cost of HARD is high, it is impossible to quantify the benefits of HARD or that giving organizations the HARD they want is appropriate. Breaches enterprise model and Rumbles model provide integrated framework to achieve competitive advantage. Other common representative models are the John Campbell taxonomy and Thomas Gilbert’s human performance engineering model. The integration of the performance models bring about new perspectives to HARD research, practice, and thinking. Chapter 9 This chapter focuses on the different perspectives of learning and the different preventative theories on learning in HARD. Learning is at the core of HARD and all debates ever carried out suggest that HARD embrace learning. The basic theories are six and include humanism, constructivism, holistic learning, social learning, behaviorism, and cognitive. These theories can apply in all the learning settings as well as for all age groups. Learning models can be at individual levels and at organizational levels. In the recent past, androgyny has been a theory of adult learning, a set of assumptions regarding adult learners, and a method of adult education. At individual levels is the androgyny that is a principal adult learning in HARD. On an adult learning perspective, it is a genuine trial to focus on the adult learner. Ontological model avails core standards of important and key hypotheses on adult learners. Another king of learning that is increasingly gaining attention is the transformational learning. This kind of learning is deep and requires the learner to challenge the fundamental assumptions and the mental schema they hold regarding the world. In relation to mental schema are restructuring, accretion, and tuning here accretion and tuning entails no change or incremental changes in an individual’s schemata and restructuring involves creating a new schema. Organizational learning is learning that occurs at system level and not at individual levels. The main feature differentiating individual and organizational learning is that individual learning makes their mental models precise. HARD develops the knowledge for organizations to be competitive in the economy. Swanson. A, Hilton. F, Hilton, E. Foundations of Human Resource Development. London: Barrett-Koehler Publishers, 2001. How to cite HRD: Different Perspectives, Aims, and Objectives, Papers

Sustainability Governance Characteristics Method †MyAssignmenthelp

Question: Discuss about the Sustainability Governance Characteristics Method. Answer: Evaluating and identifying the threats haunting auditor independence: There are certain threats to auditing independence, which is why audit evaluation follows Generally Accepted Auditing Standards. Auditor independence meaning states that freedom of conducting ethical auditing without any interference fromexternal or internal parties. Arens, Elder and Beasley (2014) stated that auditors during 2008 crisis were forced to comply with the unethical ways of an organisation. Moreover, audit independence is an essential feature, which is enjoyed by auditors while conducting an evaluation on the company. This mainly allows the auditor to portray an unbiased opinion of the companys current financial status. On the other hand, Arens et al. (2015) argue that auditors audit report is influenced by unethical monetary gains provided by the company. There are certain services both Audit and non-audit are conducted, which are provided by auditors to their customers. These non-audit services could be identified as major source of economic promotional services and tax related services. Moreover, non-audit services mainly raise chance of auditors to increase their income from the same client. Birkey et al. (2016) stated that due to the non-audit services provided auditors mainly hamper audit independence hampered which increases the chance of unethical activities between the auditor and the organisation. On the other hand, Byrnes et al. (2015) argued that audit quality is often dealt with precision, as auditors tend to portray wrong valuation of company due to lucrative offers provided by the organisation. One of the major threats is Advocacy is identified, which could hamper independence of auditors in conducting the audit report. In the current situation, advocacy is mainly identified, as the major threat to auditor independence. The advocacy threat mainly refers to quality of audit, which is been provided by the auditor for certain organisation. The stakeholders do not trust the audit report and think this been compromised, which depicts the advocacy threat. Auditor is rendering advocacy services to organisation mainly compromises with auditors independence deduce actual financial condition of an organisation. Second situation: The second situation mainly states that Audit Independence is highly threatened if the auditor takes non-monetary and monetary benefits from the organisation, which is being audited. Cohen and Simnett (2014) stated that use of non-monetary benefits allows companies to influence the auditors and in turn shape the audit report according to the needs. According to the audit rules, auditors could not take any other benefits other than that mentioned in the audit agreement. In the current situation, there is a holiday package route, which is being presented to the auditing firm members. Acceptance of the non-monetary benefit could eventually affect the overall auditor independence, which could be stated as an unethical approach of the organisation. As depicted in the second situation the audit firm should stop receiving non-monetary gains from the organisation to reduce threat of audit independence. Furthermore, improving the Audit Independence Organisations is not allowed to use auditors who are related to the companies personally. The accommodation of relative in the audit report might increase the influence of the organisation on audit independence. According to the Australian audit law, auditors related to organisations, employees or owner is not allowed to conduct the audit report. This prevention is only implemented to reduce unethical audit procedures and improve viability of the audit report. The current situation states that father of the accountant auditor is a financial control of the business and if Michael accepts the offer for being a part of audit report then it might and hamper independence of the auditor (DeFond and Zhang 2014). This could nullify the audit report and increase doubt regarding the activities of the organisation. For protecting the audit, Independence auditors are mainly barred from associating with organisations employees, and directors. This restriction is mainly imposed to reduce the unethical influence, which might be posted on auditor and hamper the audit report. Auditors are mainly barred from contacting with organisations employees as they could develop a sympathetic side, which might hamper audit independence. This sympathy might directly affect auditors report and reduce its viability while increasing doubt among stakeholders.Duncan and Whittington (2014) stated that auditors are responsible for delivering the adequate valuation of the company and is the expected to provide the report without any emotional, unethical and influence. In this situation, the auditor has many offer services to the company in context to tax calculation and accounting transactions. This could lead to self-audit evaluation of the auditor, which is an unethical activity conducted by the auditor. Depicting any kind of protection for the above method threats: Changing the audit partner good mainly help in reducing the over familiarity threat and by any chance of manipulation in audit independence. Changing audit partner could not influence the effectiveness of the audit quality both historical and new data will be provided to the new audit partner. This could help in improving the audit quality and reducing any chance of unethical activities (Eilifsen et al. 2013). The main motive for the audit committee will only be to ensure transparency assurance in the audit report, which could only be attend if the audit Independence is not hampered. Thus, the audit committees main motive will be to ensure availability of relative information and reduction of unethical measures. The international auditing and ethical standards could be employed in the organisation for reducing the complexity and improving the audit procedures. This could eventually help in enhancing the audit report and reduced any unethical activities hampering audit independence (Hayes, Wallage and Gortemaker 2014). The independence of auditors could be monitored and checked whether any political or professional influence is been implemented on the auditor's. This evaluation could mainly help in providing the relevant transparency to the audit report and help in confining the confidential data of the organisation. Moreover, auditor needs to follow ethical standards while conducting the audit report, which is depicted in the code of ethics. This auditing standards many allow the auditor tomake adequate judgements during the audit procedure and reduce any kind of unethical activities in the organisation. The code of conduct mainly states the minimum measures, which must be taken by the auditor while conducting the audit report (Junior, Best and Cotter 2014). The use of above mentioned ethical standards and measures could mainly allow the auditor to reduce any influence on independent auditing. This reduction in influencing the independent auditing could eventually help the auditor to portray the adequate financial condition to stakeholders of the company. Depicting the overall risk of spare part inventory: There is relevant organisation who considers management factors to help take adequate steps in reducing the risk factor hindering the progress of the organisation. Some of the major risk, which could be identified for the organisation, is commercial risk, health and safety risk, and reputation risk. The violations of these could lead to declining in revenues and reduced its profitability. Louwers et al. (2013) stated that use of adequate risk evaluation techniques could help organisation to develop a strategic plan for confrontingthe future risk. On the other hand,Marques, Santo and Santos (2013) argued that without adequate research and valuation strategic plan could backfire and increase the damages, which could have beendealt by the risk. There are certain operational risks also with the spare parts inventory system, which might hamper the overall capability of the company to support its production activities. Thus, for reducing the operational risk companies are needed to implement policies for stocking the current inventory system. The organisation is mainly responsible for managing the overall operational risk my assuring adequate implementation of approaches, which could manage inventory in an adequate way.Ojala et al. (2016) stated that reduction in operational risk mainly allows organisation to improve their productivity and fulfil demands of their customers. On the other hand, Peter and Romi (2014) argued that lack in adequate inventory control could increase expenses of the company and in turn reduce the projected profits and block essential capital. Strategic risk could be considered as one of the risk, which accommodates inventory management of spare parts.Inventory management ofspare parts is one of the major risks, which is faced by an organisation. Increment in spare parts could lead to blockage of capital, and reduction in Inventory of spare parts could delay or halt production activity. Thus, it is necessary for the organisation to use an effective financial management activity for spare part inventory. Businesses mainly need to focus on both finance and stocks for reducing the risk level, which might increase the chance of loss. Srivastava, Rao and Mock (2013) stated that large quantity purchases could mainly increase chance of capital blockage, which could lead to reduction in production. Therefore, if a company is not able to comply with large stock purchase and extended downtime, it could use an effective inventory system, which replenishes stock according to the use of the organisation. On the other hand, Schmidt, Woo d and Grabski (2016) argued thatnot only spare part inventory system, the whole inventory method need to be revaluated to increase efficiency and minimise capital blockage of the organisation. According to the scenario, it is essential for the company to find an effective strategy, which might help in managing the spare parts effectively and reduce the risk associated with inventory system. Identifying the audit risk and its impact on account balance: There is relevant audit risk and it has an impact on a account balance, which could reduce viability of the audit report. In the current selection, inherent risk is many identified as the risk, which is affecting the financial report. Inherent risk is mainly considered an error omission in the financial report. So the more complexity of the transactions mainly increases the chance of inherent risk, which might hamper liability of the audit report and negatively affect companies reputation. This type of risk mainly has an effect on inventory balance and accounts receivable. In addition, the inherent risk also affects certain transactions and accounts where actual transaction loss or profit could not be detected. William, Glover and Prawitt (2016) mainly stated that inherent risk effectively reduces by implementing different auditing procedures. However, the occurrence of inheritance risk mainly increases the chance of manipulation, which might be conducted within the organisation. There are certain risks, which could be related to operations and are termed as detection risk. This type of detection risk is mainly conducted when auditor is unable to identify or detect a material misstatement associated with the organisation. This type of risk mainly appears when auditors fail in implementing relevant processes in the audit procedure. The state of detection is mainly considered to be beyond the capability of an accountant and thus it might influence balance of accounts. Thus, it could be considered that accounts are prone to greater risk if adequate detection risk is not reduced. 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