2019 Best Brightest Lillian (Lily) Olsen, Worcester Polytechnic Institute (Foisie)

Lillian (Lily) Olsen 2019 Best Brightest: Lillian (Lily) Olsen, Worcester Polytechnic Institute (Foisie) by: Jeff Schmitt on March 24, 2019 | 0 Comments Comments 339 Views March 24, 2019Lillian (Lily) OlsenWorcester Polytechnic Institute, Foisie Business Schoolâ€Å"I’m an enthusiastic, fun-loving, social multi-tasker who is always up for new experiences.†Fun fact about yourself: I started riding roller coasters while still in diapers and was psyched when I was tall enough to get on any coaster in the park.   And then I stopped growing (I’m only 5’2†).Hometown: Princeton, NJHigh School: Hopewell Valley Central High SchoolMajor: Dual in Industrial Engineering Mechanical EngineeringFavorite Business Course: WPI has a class called Achieving Effective Operations that I have loved and have been leading the lab portion of the course for the past two years. The course is focused on process improvement and the lab component is physically making clocks. Through each week of the lab, we make the process more effective by taking out the non-value added steps.Extracurricular Activities, Community Work and Leadership Roles During College: (Include school awards and honors)Coxswain, Mens Varsity CrewTreasurer, Omicron Delta Kappa – National Leadership Honor SocietyAlpha Pi Mu Industrial Engineering Honor SocietyEvents Committee Co-Chair, Senior Class BoardInstitute of Industrial and Systems EngineersThe Ray Cherenzia ’73 Award – â€Å"Unsung Hero†National Invitational Rowing Championship (NIRC) All-Academic Team May 2017 May 2018WPI Dean’s List Spring 2017, Fall 2017, Spring 2018 Fall 2018Lean Green Belt CertificationWhere have you interned during your college career? Business Leadership Summer Intern, GEICO, Woodbury, NY Jun-Aug 2018Led and collaborated with an eight-person project team that analyzed customer sales data and conducted interviews to determine what improvements could be made to positively impact cu stomer satisfaction survey results. Planned and facilitated a community service project making dog toys for a group of 24.Summer Intern, Church Dwight Co., Inc., Princeton, NJ Jul-Aug 2017Worked in the â€Å"Unit Dose† and â€Å"Oxi-Clean† chemistry labs as a lab assistant. Used engineering optimization tools to suggest and improve processes within laboratory operations.Where will you be working after graduation? UnknownWhat company do you admire most? L.L. Bean is a company I admire as they have high-quality products and high employee satisfaction. This pride has helped create a favorable company culture and great products, enabling them to keep production within the United States while also using sustainable resources.Who is your favorite professor? Professor Walter Towner has been one of my favorite professors since I took a class with him in my sophomore year. He cares about each of his students as people, independent of their grade. He relates his experience in industry to the classroom to make the material relevant and uses examples that college students are interested in.What did you enjoy most about your business school? WPI, as a whole, has a project-based learning system which is what I have enjoyed the most. In classes, we have connected with companies and been given problems to solve, allowing us to gain real experiences. I had the opportunity to spend eight weeks in Morocco working in an interdisciplinary team of students. We were partnered with a local sponsor to help promote the Solar Decathlon Africa. We visited local universities to promote the event and let students know how they could get involved. These project experiences have fostered great memories and once in a lifetime experiences.What is the biggest lesson you gained from studying business? Management and leadership courses have taught me there is always a human element that must be considered. These interpersonal skills are relevant within a company as well as with cl ients or customers. With WPI’s project-based learning system, I have been able to implement management skills learned in the classroom to teams and extra-curricular activities.What advice would you give to a student looking to major in a business-related field?   Learn about the process, in addition to the product. Products will change over time, but understanding the steps to a process will create an environment ripe for improvement and the development of new products. Understanding the big picture and how a specific role fits into the broader vision will allow individuals to better understand each other’s challenges and contributions.What has surprised you most about majoring in business? Business is everywhere and has no real limit. Everyone should have some understanding of business as these concepts are relevant to everyone. This is true for managing a household budget, working for a non-profit organization, or running a Fortune 500 company.â€Å"If I didn†™t major in business, I would be majoring in or studying†¦Mechanical Engineering, but I’m actually doing that in addition to the industrial engineering and Master of Science in Management. I really enjoy the technical aspect of mechanical engineering, the interpersonal aspects of management, and the relationship between business and technical knowledge with industrial engineering.Who most influenced your decision to pursue business in college? I loved the concept that I could major in industrial engineering in the Foisie Business School at WPI while also gaining an ABET accredited degree. My high school AP Stats teacher, Adam Shrager, was influential in helping me make my decision to pursue industrial engineering at WPI. Additionally, there were other supportive people that assisted in the decision as well as a number of factors that pointed me this way.Which academic, extracurricular or personal achievement are you most proud of? One of the awards that I am the proude st of is The Ray Cherenzia ’73 Award – â€Å"Unsung Hero† award through the athletic department I received in April of my junior year. As a coxswain, in addition to my work during practices and races, I work hard to organize and do the behind-the-scenes jobs for our crew team for the past three years because I love the team. I was ecstatic when the coaches recognized my hard work and my time commitment. This award continues to keep me motivated through my senior year and to make the transition process to multiple new coxswains and managers the best it can be.Which classmate do you most admire? My roommate Theresa is a fantastic student and friend. She has always been a hard worker and strives for the stars, starting with landing her first internship at her dream company. She has motivated me and helped me be the best that I can be. Her hard work and dedication are inspirational, creating a positive environment for both of us.Who would you most want to thank for your success? My crew coaches, Larry Noble Bryan Pursell, have influenced me to never stop trying and to learn from every mistake. They have fostered an environment of teamwork and learning together which I have been able to translate into my classes and group projects.What are the top two items on your bucket list? I don’t have a bucket list, as I want to enjoy each moment bucket list activity or not.What are your hobbies? Working out and socializing with friends.What made Lillian such an invaluable addition to the Class of 2019?â€Å"Lillian H. Olsen embodies everything WPI hopes to develop in its business school students. Lily is at once an engineering and business major wrapped up in the same person. She teaches a process flow lab from both of these perspectives which results in attracting business majors and non-majors to my course. Lily’s time management skills are the stuff of legend, having a high GPA in both of her majors, and by also completing an MS in ma nagement concurrently. Did I mention she is the coxswain for the men’s crew? A management task if there ever was one, organizer, motivator, pacesetter (literally). Ms. Olsen has made her mark on the men’s crew, our mechanical and industrial engineering departments, and yes, in other ways, for other campus organizations. I am not sure how she does it, there could never be two Lily Olsen’s, but it sure seems so!Walter Towner PhD MBA Associate Teaching Professor Director, WPI Center for Innovative Manufacturing Solutions Foisie Business School Worcester Polytechnic Institute Page 1 of 11

Crime Scene Analysis Personal Experience - 1537 Words

Unit 9 Unit 9 Assignment CJ328-01: Forensic Fingerprint Analysis Kaplan University Abstract Little is known about the decision-making processes of homicide detectives or crime scene investigators. Within the lines of this paper I will be responding to a homicide scene at a convenience store/gas station at 3 a.m. Within this store I will find a deceased victim with an apparent gunshot wound in the chest along with eight different visible items where I have to address the different process I will use at the scene on each item listed. I will attempt to tell you where each item will be process and if possible can it be processed at the scene where this gruesome homicide took place. The Evidence Upon arriving on the scene I am met†¦show more content†¦Even though it is low the best method would be the same methods I would use for non-porous evidence expect I the last step should be adding selenium dioxide. After leaving from behind the counter I being to look for more evidence and find A crude map and directions to the store drawn/written in pencil on a piece of notebook paper on the floor. I feel that this evidence could be processed at the scene for prints with the basic powder procedures. Nothing really hard for this one because the suspect could have touch it and left behind some form of trace so checking it wouldn’t hurt. Once the map is processed I would then move on to the Spilled cigar box of $20 bills on the floor next to the deceased. I feel that approaching the money first would be the easiest because it needs to b packaged up and shipped off to the lab. When dealing with money not only prints could be left but touch DNA as well, because the money was laying on the floor next to the victim it could have more valuable information on it that we can’t see with the naked eye. After packing up the money I think the cigar box should be examine as well because it would have had to be touched in order to put the money on the inside of the box. Just because the box has a semi shinny gloss to it I would consider it to be a Semi-Porous piece of evidence. The best method for getting the prints off of it would be by adding a combination of process to it so that itShow MoreRelatedCriminal Investigation And The Crime Scene1148 Words   |  5 Pagessolving crimes. In 2009, Hekim stated that: Investigative police work is mostly about the â€Å"recovery, analysis and interpretation of information about criminal offenses. The investigative process of a crime consists of taking victim and witness statements, examining the crime scene, collecting physical evidence, analyzing collected material to identify the offender(s) and then presenting the information to the prosecutor (p. 1). Criminal investigators are the key element in solving crimes, theyRead MoreCriminal Law Enforcement Agencies With Solving Cases1678 Words   |  7 Pagesprofilers within the FBI have assisted law enforcement agencies with solving cases. Criminal profilers identify criminal characteristics based on an examination of the crime scene, evidence, the nature of the crime, and the victim. According to Brent Turvey, in his book, Criminal Profiling: An Introduction to Behavioral Evidence Analysis, the criminal profile is a report that includes probable psychological, geographical, physical, relational, or social characteristics of the offender. These offenderRead MoreForensic Science Technician: I would like to be a Forensic Science Technician, simply because I1600 Words   |  7 Pagesthings they do are run ballistics tests on guns to find the one used in a bank robbery; collect evidence from a crime scene to help understand the chain of events; match DNA samples to reunite a long lost child to his/her family; and solve a crime by matching fingerprints at the crime scene to a suspect. One of the top reasons I would join this career is because I want to be able to solve a crime if someone needs help. The second top reason I would join this career is because I watched CSI all the timeRead MoreThe Case Of Lobato V. The State Of Nevada978 Words   |  4 Pagesthe prosecution side and five pieces of evidence of the case using the information from the news article by Joshua Longobardy titled, â€Å"Kirsten Blaise Lobato is accused in a gruesome slaying. Did she do it?†. Upon the detective arriving to the scene of the crime, they removed the debris that covered the body from complete view. This debris included a full sheet of cardboard with a bloody footprint on it and a clear plastic bag wrapped around the groin region. Once this was removed it was discoveredRead MoreDr. Huang From The Tv Series Law Order1271 Words   |  6 PagesHuang’s job. This paper will talk about how Dr. Huang handles victims and co-workers with each criminal profiling and how it relates to real life.  Wouldn t it be nice to have all crimes solved in 43 minutes or less? It would also be comforting to know that all criminal justice personal had the victims best interest in mind other than just doing what they have to do to make a living for themselves. These among many other factors are what make Law Order: SVU such a great show toRead MorePsychological Analysis Of Post Traumatic Stress Disorder886 Words   |  4 PagesAnalysis Paper Jun Chu, 80777295 Psychological Analysis Based on the knowledge of the defendant’s past experience and his report of symptoms, I believe Mr. Wertz suffers from the Post-traumatic Stress Disorder (PTSD). He has been directly exposed to the death threat on his deployment both by witnessing another soldier’s death and his own experience of â€Å"daily mortar attacks,† which meets the section A of the diagnosis criteria. His intrusion symptoms include recurrent nightmares related to the battlefieldRead MorePredictive Policing Essay1314 Words   |  6 Pagesperformance to reduce crime versus random patrols of the streets. 2. Describe how COMPSTAT, as an information system (IS), implements the four (4) basic IS functions: 1. Input 2. Processing 3. Output 4. Feedback 3. Determine how information systems have allowed police departments that implement tools such as COMPSTAT to respond to crime faster. 4. Apply the strengths, weaknesses, opportunities, and threats analysis (SWOT analysis) on behalf ofRead MoreThe Kingdom : An Attack American Accommodation Compound1434 Words   |  6 Pagescomplications in their investigation. They had Colonel Faris Al Ghazi to instruct the team how to act in a hostile environment. Chapter 1 Strain theory Research proposes that crime theories can be a way of finding out what causes terrorism. A general strain theory of terrorism can be defined as terrorism being more extreme than common crimes because it typically includes an assignment of severe violence against innocent civilians who have done nothing to directly provoke being victimize (Agnew, 2016). InRead MoreAdvancement And Recommendations For Fingerprinting1519 Words   |  7 Pagesfingerprint patterns- arch, loop and whorl†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 Figure 4. Taking latent fingerprints using powder dusting†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 In today’s modern scientific age, the various technologies and advancements introduced in the field of forensics have taken crime investigation to an entirely new dimension. The uniqueness of fingerprints is of common knowledge. The common phrase â€Å"as unique as a fingerprint† is quite literal in the sense. There are both pros and cons of the fingerprinting system. Although itRead MoreFingerprints Are Not The Same Techniques We Use Today1733 Words   |  7 Pages The use of ancient fingerprints are not the same techniques we use today. In 1880, a man by the name of Henry Fauld, â€Å"a Scottish physician working in a hospital in Japan, published his own views on the potential application of fingerprinting to personal identification† (Saferstein, 2016, pg. 164). He suggested that the skin patterns could be important for the identification of criminals. After comparing different fingerprints, he began to realize that each print looked remarkably different. Fauld

Should girls ask boys out admission essay

Why Shouldnt Girls Ask Boys Out? When I was little, I loved listening to my granny telling me stories about her youth. It seemed so strange to imagine her going out with some boy. And I clearly remember that I often felt confused. She sometimes told me about a boy whom she liked, but he was too shy to ask her out, and she could not do it either because it had to be a male decision. â€Å"Why?† I kept asking her. She could not explain properly and I could not get the idea. And even now I still do not understand this very common belief that it is unacceptable for a girl to ask a boy out. First, I believe, it depends a lot on the attitude you have to the boy and he has to you. I agree that it would be quite embarrassing to ask out somebody who you have not been introduced to or, you know, strongly dislikes you. But if you have the same company of friends, know each other, enjoy the time you spend together, why cannot the girl be brave enough to make the first step? Second, many girls believe that if you make this decision, the boy will respect you less. This may be true, but then it just means that this is the wrong person for you. But, on the other hand, he may be grateful to you that you have managed to overcome your mutual shyness and you will be happy together. So, I believe that under certain circumstances asking a boy out is the best way to start a relationship. And in case a girl feels she really cares about that boy, she must at least try, and who knows, maybe she will not lose her chance to be happy due to silly prejudices.

Immigration Problems in the United States Essay - 1191 Words

Immigration problems are not just a problem in Arizona but a problem throughout the United States. The definition in the Webster dictionary, an illegal immigrant or alien is a non-citizen whom has entered the United States without government permission or who has stayed beyond the termination date of the visa is consider an illegal immigrant or alien. Arizona’s newly enacted immigration law, which was meant to stem human trafficking and drug-related border violence, has been criticized by many as a way of racial profiling. The House Bill 2126 which makes it a state misdemeanor crime for any illegal alien to be in Arizona without carrying registration documents’ required by the federal law. The bill also helps the state and local law†¦show more content†¦The controversy of this bill has caused uproar throughout Arizona and has brought national attention to the United States an international attention throughout Mexico. The president of Mexico has given an adviso ry message to all Mexicans citizens traveling to the United States warning them that they may be harassed by law enforcement due to the safe neighborhoods act that was passed. I strongly feel that this law should be imposed throughout the United States due to the fact that there are illegal immigrants all over the country and not just the Hispanic’s. The Arizona’s newly enacted immigration law has a number of pros’s and con’s, which can could help reduce the number of illegal immigrants in the state of Arizona but could possibly lead to racial profiling. Individuals must bear in mind that some of the illegal immigrants who come over are actually hardcore criminals; someone is kidnapped every thirty five hours in Phoenix, Ariz., often by agents of alien smuggling organizations. The bill would help control illegal immigrants here in the U.S. used as supply of cheap illegal labor has driven down the pay for construction jobs and general labor. In industries such as meatpacking the story is the same, the prime example of this is a blue collar jobs once paid eighteen dollars to twenty dollars, or more an hour they now payShow MoreRelatedThe Immigration Problem Of The United States1429 Words   |  6 PagesThe Solution to Our Immigration Problem: Expedite the Process The United States of America is facing a huge dilemma. This is the current immigration process and legalization of illegal migrants. It seems like nowadays immigration is all we hear about and how it is the only policy on which our population cares about. Which is sensible, because of all the refugees coming into America seeking asylum from their war torn countries. America has always been a glittering beacon to immigrants in foreignRead MoreIllegal Immigration Is A Problem For The United States1361 Words   |  6 PagesIllegal immigration has been a problem for the United States for a long time. This is not a new phenomenon and thousands of illegal immigrants have come into US through either the Mexico border, the Pacific Ocean, or through many other ways. Some people entered in country legally through a visit visa, but then have stayed illegally and are working in various places. Illegal immigration is a double enclosed sword; one hand it provide the local economy with cost benefi ts as the illegal immigrants areRead MoreThe Illegal Immigration Problem Of The United States Essay2173 Words   |  9 PagesLone Star- North Harris THE ILLEGAL IMMIGRATION PROBLEM IN THE UNITED STATES TODAY MIDTERM RESEARCH PAPER Amee Jagtap Immigration Law Professor Delesandri OCTOBER 19, 2016 ABSTRACT: Illegal immigration into the United States is occurring at massive scale. More than 10 million undocumented aliens currently reside in the U.S., and the populationRead MoreThe Problem Of Immigration Within The United States Essay776 Words   |  4 Pagesdifferent individuals can view immigration in many distinct ways. Some view it as a chance to improve ones life and as a way to secure a bright and prosperous future for their children and loved ones. While others refer to immigration as the downfall of this country, and with the continuous increase will cause the unanimous destruction of pure American ideologies and life styles. The most obvious way for me to start this essay is in a way to relate to the topic of immigration. In order to speak for myselfRead MoreIllegal Immigration Is A Problem That Affects The United States2334 Words   |  10 PagesIllegal immigration is a problem that affects the Southwest United States of America in many different ways that needs to be handled in a strict but reasonable manner. Ever since president Barrack Obama first went into office, immigration has been one of his top priorities. But over time, neither the Republicans nor the Democrats were able to come to a compromise on the issue. â€Å"The political debate over illegal immigration has been a roller coaster ride ever since it was brought up in 2007† (MarcovitzRead MoreChinese Exclusion Act and Immigration Problems in the United States1516 Words   |  7 Pagesact exiled Chinese laborers from arriving in the United States. This was the first time ever that a specific ethnicity was banned from immigrating to the U.S.A. Racism against the Chinese was strong, so the ban remained for ten years, but was eventually made â€Å"permanent†. However, China soon became a war ally in World War II, so the ban was repealed in 1943. There are many issues concerning immigration and racism that still plague the United States today. For example, many people are still prejudiceRead MoreEssay about The Issue of Illegal Immigrants from Mexico853 Words   |  4 Pagestoday is that of illegal immigrants from Mexico. Illegal immigration into the United States is a problem that should be stopped, as it is unfair to both Americans and to the people of the country from which they illegal immigrated. It is that the majority of illegal aliens residing in the United States are Mexicans. Roy Beck clarifies the situation by stating, The national consensus is that the United States should be a post-mass immigration country has included most leaders of business, religionRead MoreNeighbor Relations:. An Immigration Problem Between The1215 Words   |  5 Pages Neighbor Relations: An Immigration Problem between the United States and Mexico Alberto Beltran Sociology 121 November 20, 2013 Outline I. Introduction II. Mass Immigration from Mexico: 1910 to1930 III. Bracero Program IIII. Immigration Reform and Control Act of 1986 V. Impact of Immigration Reform and Control Act of 1986 VI. Illegal Immigration problem VII. Conclusion I. Introduction The United States has always been considered a countryRead MoreImmigration And The United States1464 Words   |  6 Pages Immigration has always been a complex issue in the United States. Previous and current administrations have had great difficulties in setting policies and programs in place to address this problem. During the course of American history, laws were enacted to address such issues. There were numerous legislative milestones in regards to immigration in the United States. In order to understand the current issues regarding immigration, we have to look back at the policies that were in placeRead MoreImmigration : The Ongoing Question1419 Words   |  6 PagesImmigration: The Ongoing Question It was estimated in 2014 that there were at least 11.3 million unauthorized immigrants in the United States. Illegal immigration has been in the headlines for the last ten years and will forever plague the United States of America. New immigration policy such as the â€Å"Priority Enforcement Program† was implemented in 2015, and programs like these are one of the main topics up for debate in the upcoming election. Over seventy-five percent of people deported back to

Stillbirth Pregnancy and About.com Guide Updated

Stillbirth Causes Factors Linked to Late Pregnancy Loss * placental abruption Giving birth to a stillborn baby is every pregnant womans worst nightmare. When it does happen, its natural to want to understand why. Unfortunately, answers are rarely to be found -- more than 70% of stillbirths are never explained. Doctors theorize that the majority of stillbirths probably have something to do with the placenta not functioning correctly, and they have some other specific theories on what causes this devastating type of pregnancy loss. Chromosomal or Congenital Conditions Just as chromosomal abnormalities cause the majority of miscarriages, certain chromosomal and congenital conditions can increase the risk that a baby will be†¦show more content†¦As a part of prenatal care, doctors watch for early signs of problems in the mother and the baby. When risk factors exist, such as high blood pressure, the doctor can sometimes take action to reduce risk. This is why seeking prenatal care is so important. In the case of cord accidents, chromosomal conditions, or other unforeseeable problems, however, stillbirth can occur without warning and thus is not always preventable. What Are Early Warning Signs / Symptoms of Possible Stillbirth?: Stillbirth can occur without symptoms, but doctors often instruct women who are past 28 weeks pregnant to track fetal kick counts at least once a day. If the kick count causes concern, your doctor may want you to come in for a test called an NST that checks whether your baby is safe. Other possible warning signs include abdominal or back pain and vaginal bleeding; this could mean a condition called placental abruption. Always err on the side of caution and call your doctor if you are concerned. What Causes Stillbirths?: A variety of factors can cause babies to be stillborn, but some known causes are: * Problems with the placenta or umbilical cord (potentially caused by the

Financial Data Of Double Printers Limited â€Myassigmenthelp.Com

Question: Discuss About The Financial Data Of Double Printers Limited? Answer: Introducation The analytical process that persists with the financial data of Double Ink Printers Limited (DIPL) has been an influential factor for the construction of their audit plan. The constructed plan could be regarded as a parameter that would become a key to be followed during the preparation of the audit. These parameters have been helpful to the auditor in order to keep track of the entire cost that would be required during the computation of the audit at an efficient degree and this would aid in lowering the gap of understanding with the customers. The analytical method for the financial declarations of DIPL specifies the process of dissemination of the data (Audit Australia 2015). These processes of assessment can be undertaken making use of a variety of techniques. On the other hand, by taking assistance analytical method of examining the financial declarations, various financial experts and the accountants as well could interpret the data for attaining the decisions that would be be neficial for the business. The generalising of the analytical process assists in examining the financial disclosures at a general reference point. As an outcome, the financial records can be differentiated with reference to the numerous entities or with the time schedule. The auditors try to think of several items that have been disclosed in the financial statement with respect to the financial reporting technique (Sarens et al., 2013). An example can be drawn that like the registration of the items that are inclusive of liabilities, assets and the equity stakeholders in the reporting of the financial statements of DIPL along with investigating deviations from the practical situation. It has been observed that benchmarking has been regarded as a process of evaluation and this process can be used in a precise manner for the scrutiny and the evaluation of the audit plan (Stevens 2014). The differentiation in the real financial announcement from the benchmark aids in discovering the variances and is aids in asses sing the discovery of the factors of the recognised variances. Furthermore, the ratio analysis could be attuned as an effectual technique of evaluation that can be exploited for the explanation of the financial declarations that is attached with the evaluation of the audit plan. Explanation to the Case Study The end result of the decision planning related with the planning of the audit is persuaded mostly through the results of the analytical process in order to publicize the data from the financial statements. The tables given below provide the financial ratios that have been constructed with respect to the case study. Particulars 2013 2014 2015 Solvency ratio 0.62 0.44 0.21 Profit margin 0.068 0.60 0.06 Current ratio 1.42 1.46 1.50 The table that has been computed above has revealed that the current ratio of DIPL has grown over the last three years. Furthermore, the margin profit has been noticed to be changing for the last few years. By taking assistance of the ratios computed above, the net profit margin of DIPL can be contrasted with the total profit that has been created (Wang et al., 2015). Conversely, this could be of significant value to the auditor in gaining an indication of whether the expenses are higher or are lower and if the administration of DIPL has the requirement to decrease the budget and the total expenditure of the same. The alterations in the ratio whether positive or adverse can be exploited as a preferential reason for examining the authenticity and the preciseness of the financial situation of DIPL. For instance, the solvency ratio that has been constructed in the table above assists in understanding the positive and the adverse patterns in the entire financial condition of DIPL (Brown et al., 2015). In a comparable manner, the comparison of the ratios for the last three years would be helpful in giving out the knowledge of eliminating the long and short term compulsions of the organization. Therefore, the auditors can get effective knowledge of the comparative situation of DIPL for the past three years along with examining the issues that leads to unwanted condition of DIPL. There are several factors that are intrinsic in nature during the constitution of the incidence of the misstatement of the materials in the financial disclosures of a specific individual. Conversely, it is natural for the existence of several types of unsystematic and systematic risks that shows a path for the misstatement of the financials in the financial declaration of DIPL. Furthermore, the discovered threats may be due to the financial and the non-financial reasons, which can consequently prevent a specific entity in showing a positive viewpoint of the financial statements. According to Stanislaus, et al., (2016), the risks that have been recognised may be related with the numerous threats of elimination that has been doubled with the threats of several undesirable mistakes for a specific accountant. Therefore, this could be understood as a intrinsic threat that arises from the activities of DIPL. Moreover, the DIPL employees are does not have sufficient insights and has a lower level of proficiency level. That has led to the rise in the level of internal risk for DIPL. Additionally; this shortage of experience may lead to the commitment of faults thereby leading to the increase in the level of risk (Pascoe, et al., 2014). This has been mainly because of the fact that the staffs constitute a key part of DIPL and it is impossible for DIPL to ensure the success of their business and future growth without an efficient contribution from the employees. Another key factor that leads to the rise of risk can be segregated into two segments mainly the external aspects and the environmental prospect for the misstatement of the materials during the past and the fraudulent practices. The factors that are environmental in nature helping in discovering the internal risks comprises of the swift modifications where the problems could be related to the valuation of the inventory, rise in the d egree of competition in the economy and the deficiency in the amount of capital (Stute et al., 2014). Furthermore, there exists a probability of misstatement of the materials, which could be influential for directing DIPL in the past of risk for the future years to come. The assessment of the current case study that is related to DIPL explains the fact that the problems and the convolutions that are associated to the progression of the CEO consists of the internal threats as well (Christopher 2015). In this respect, the changes in the CEO can be modified to be dissimilar as the nominees are entities. Therefore, the progress of the procedure without any alignment to the plan, delayed instigation of the method, inefficient initiation of the CEO and rise in the level of employee attrition may lead to such risks. The examination of the given case study has given out the answer that the introduction procedure if the IT mechanism has been the cause for the rise of specific problems. There has been a scarcity of employees in DIPL for handling the method of installation and execution while undertaking the examination and the reconciliation before implementation of the fresh arrangement during the completion of the accounting year (Harrison 2015). Furthermore, the primary evaluation has discovered that numerous transactions that were undertaken were not maintained in a precise manner. Therefore, this has led to the misstatement of the documents because of the inherent reasons, which has been discovered to be an omission error within a specific financial declaration. The DIPL employees are required to pursue a suitable series for the registration of the values of the accounts receivable and the ledgers related with the accounts receivable. Furthermore, the reconciliation of the bank is required to be maintained in an effective manner as well (Gurran et al., 2013). Along with this, the revenue registration that is obtained from the e-book and allowing for the textbook printing on the coming years could lead to several intrinsic threats due to the intricacy linked with the procedure. Therefore the inventory valuation that is in relation to the raw material at an aggregate cost is not ideal as the aggregate cost is lower than the current paper cost (Arntz-Gray 2016). The intrinsic costs that have been disclosed can be adjusted as the vulnerability of a distinct affirmation in accordance to the misstatement of the materials and they have been explained below: Rise in the pressure on the management and the employees It has been noticed that due to the increase in the work pressure of the employees who are working in DIPL, there has been fraudulent accounting within the company (Bunker 2015). As an outcome the numerous qualities have occurred that are inclusive of the inclination in differentiating cash flows, improper liquidity and operational outcomes. Misrepresentation The increasing pressure of work on the employees of DIPL has led to the ineffective accounting. It is due to this effect that several aspects have taken place that is inclusive of the tendency in meeting the cash slow statements, operational outcomes and inadequate liquidity. Overall management integrity According to the case study, the administration of DIPL has ineffective integrity and is predicted to be aware of fall in the brand image within the society of business (Alzeban, Gwilliam 2014). Overall management integrity In accordance with the provided case study, the DIPL administration has the integration deficiency and it is anticipated to be prepared for any sort of reputation loss in the organizational society. Abnormal burden on the management It has been observed that frequently there has been a survival of remunerations for the administration. As an outcome, it may lead to financial reporting misstatement. Nature of business entity DIPL has sustained to expansion for the key competitive and economic situations. Furthermore, these aspects may have an impact on the intrinsic threats of the business for the evaluation of the framework of audit planning in a suitable manner. The data with respect to DIPL has been obtained taking the assistance of the provided case study and this data has been influential for the disclosure of the potentiality for the implementation of a precise construction of the financial report procedure of DIPL. The various significant risk factors that are linked with the utilisation of the practices have been shown in the table below: Risk Type Explanation Workforce engagement in fraudulent activities After the examination of the data that has been observed from the case study of DIPL, it can be cited that the significant counterfeits of risk is in association to the employees of DIPL as they have the probability to be related to the activities. The significant factors that is related with the threat is the dissatisfaction among the employees of DIPL. In accordance to the case study, there have been an surveillance that there have been a huge strain from the management side so that the new accounting concept can be introduced. It has been noticed that the introduction of the new accounting process creates a massive stress in the employees, there is a rise in the level of threat as the staffs may be related with various fake practices (Morse Deutsch 2016). Hence, in order to perform as a remedy for the method of reconciliation, the DIPL staffs improvise several false practices and these methods may lead to the misstatement of the financial reports. With respect to the case study t hat is under consideration. due to inefficient use of the new software of accounts, the accountants of the organization has not been able to maintain in a precise process the primary accounting and the financial transactions for the current financial year. Additionally, the fraud risks can be understood in the process of selecting the succession of the CEO of DIPL. It is because f this event that there has been a rise in the internal risks of the firm. Processes related to financial reporting There have been various risks that have been observed with respect to the process of financial reporting of DIPL. In this condition, if the employees have significant financial predictions from the performance of DIPL, there is a rising chance of alterations in the financial reports that has tried to influence the stakeholders that the firm has been undergoing efficient activities and rise in the financial revenue (Bunker 2014). Hence it can be stated that the fraud risk in the construction of the financial reports id the significant threats of DIPL. According to the DIPL case study, there have been a key shortage in the raw material valuation of DIP, that is dependent on the computation of the average cost. The main reason has been the rise in the paper cost that is a value more than the average cost. Thus it can be said that it is not a precise method. The fundamental threat related with the implementation of the new system of accounting can be understood by taking help of understanding the various performance phase inside the firm. Moreover, the examination and the scrutiny of the financial reports of DIPL is helpful to the management to find out the fraud risks that is linked with the construction of the financial reports. The analysis of the ratios and the other financial techniques would be helpful for the identification of the precise results. Hence, it is important for the DIPL management to conclude the evaluation and the investigation within a stipulated time period. Reference List Alzeban, A., Gwilliam, D. (2014). Factors affecting the internal audit effectiveness: A survey of the Saudi public sector.Journal of International Accounting, Auditing and Taxation,23(2), 74-86. Arntz-Gray, J. (2016). Plan, Do, Check, Act: The need for independent audit of the internal responsibility system in occupational health and safety.Safety Science,84, 12-23. Audit, A. I., Australia, I. (2015). SUBMISSION: AUSTRALIAN INFRASTRUCTURE AUDIT. Brown, A., Santilli, M., Scott, B. (2015). The internal audit of clinical areas: a pilot of the internal audit methodology in a health service emergency department.International Journal for Quality in Health Care, mzv085. Bunker, R. (2014). How is the compact city faring in Australia?.Planning Practice Research,29(5), 449-460. Bunker, R. (2015). Can We Plan Too Much?The Case of the 2010 Metropolitan Strategy for Adelaide.Australian Journal of Public Administration,74(3), 381-389. Christopher, J. (2015). Internal audit: Does it enhance governance in the Australian public university sector?.Educational Management Administration Leadership,43(6), 954-971. Gurran, N., Norman, B., Hamin, E. (2013). Climate change adaptation in coastal Australia: an audit of planning practice.Ocean coastal management,86, 100-109. Harrison, M. (2015). Implementing the 2014 changes to internal audit.Governance Directions,67(1), 38. Morse, S. C., Deutsch, R. (2016). Tax Anti-Avoidance Law in Australia and the United States. Pascoe, H., Gill, S. D., Hughes, A., McCall-White, M. (2014). Clinical handover: An audit from Australia.The Australasian medical journal,7(9), 363. Sarens, G., Christopher, J., Zaman, M. (2013). A study of the informal interactions between audit committees and internal auditors in Australia.Australian Accounting Review,23(4), 307-329. Stanislaus, V., Bastiampillai, T., Harris, M., Battersby, M. (2016). Care Plans in Community Mental Health: an Audit Focusing on People with Recent Hospital Admissions.The journal of behavioral health services research, 1-9. Stevens, D. (2014). Managed Aquifer Recharge and Stormwater Use Options: Audit of the Parafield Stormwater Harvesting and Managed Aquifer Recharge System for Non-Potable Use against the Stormwater Risk-Based Management Plan.Goyder Institute for Water Research, Technical Report. https://goyderinstitute. org/index. php. Stute, M., Hurwood, A., Hulcombe, J., Kuipers, P. (2014). Pilot implementation of allied health assistant roles within publicly funded health services in Queensland, Australia: results of a workplace audit.BMC health services research,14(1), 258. Wang, N., Yu, P., Hailey, D. (2015). The quality of paper-based versus electronic nursing care plan in Australian aged care homes: A documentation audit study.International journal of medical informatics,84(8), 561-569.

Ways to avoid plagiarism ins and papers Essay Example For Students

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