Of personality, perception and attitude Essay Example for Free

Of character, recognition and disposition Essay All references material has been refered to from the books the University of Wales online library. Some other web source cited is with the authorization of the module guide. | NA| Are the references in the content in the best possible configuration as showed in the â€Å"Guidelines to Writing Assignments†| Yes| Declaration: All material written in this task is my own and I have not utilized any material, substance or data of others asserting them to be mine. Any place materials have been utilized, legitimate reference has been done in the content. I am completely mindful of the standards and guidelines administering counterfeiting. Ought to anytime of time my work be suspected/examined and built up to have been appropriated, I am mindful of the results. I have perused the Student’s Handbook in detail. ___________________ Signature of the studentDate: 24-08-2010 Introduction This task is managing the Development of character, recognitions and mentality. This will assist with seeing how the utilizes and clients figuring, that encourages us to settle on right choice and to build up our business. Likewise by this we can make our character and demeanor in the correct manner. Dissecting a contextual analysis of â€Å"Sayyed’s† is additionally included for examining and talking about his character and demeanor in his specific lifetime. Clarified the pertinence of qualities and convictions in Organizational life and furthermore if the qualities/convictions can be changed is additionally remembered for this examination. Mentalities in Organizational Life The significance of demeanor of the people in an association is colossal. A human asset chief must have the option to distinguish, sort and shape perspectives quite far. The workers originate from various social and money related foundations. Regardless of whether two individuals have a place with a similar family, there can be a major distinction between their mentalities. The manner in which an individual plays out an errand may contrast as per the kind of demeanor he has. What is disposition? As a matter of first importance, let us attempt to comprehend the significance of mentality in an individual’s individual life. A mentality implies a constructive or a contrary assessment of some article †a thing, an individual, a spot or a domain. An individual can be undecided towards an item by having both a negative and inspirational mentality. It is absolutely upto the person to choose what his demeanor towards life should. There is additionally scope for change in mentalities. The correct kind of learning at an early age can prompt colossal changes in mentalities. For an individual to be fruitful in his own and open life he ought to embrace the most adjusted disposition: positive at the opportune time and negative at others. In an association as well, the employee’s disposition is significant. Contrasted with one’s individual life, a worker needs to associate with numerous different representatives to accomplish an authoritative objective. In the event that, for instance, a worker who works in a café has a negative demeanor towards selling caffeinated drinks and keeping in mind that others are firmly strong of it, he may have pointless aftermath with them. Mentalities can be changed utilizing two instruments: Education and Experience. The premise of this announcement is that our perspectives depend on a ‘belief’. We shape our convictions over the span of our lives and we may become one-sided against something because of this conviction. Examination recommends that perspectives can be changed by managing and adjusting conduct. On the off chance that representatives of an association are made to over and over welcome their clients with a grin, the workers may to be sure imagine that being cordial with clients is significant. Through training, representatives can be cautioned of their negative mentalities and the correct perspectives to be followed in a circumstance. Workers can likewise be furnished with disposition changing involvement in which they can think in another and positive manner. The reality about an authoritative life is that, there are rules which are set down in an association which must be followed. Under such a situation, a worker will put forth an unmistakable attempt to change his demeanor at some point or another, rather than enduring results. On account of Sayyed, it is very clear how his mentalities towards specific items like his folks and training took a circling turn because of different occasions throughout his life. He was a lot of joined to his mom at an exceptionally youthful age. Be that as it may, his inability to overcome clinical passageway in Poona, sent him spiraling into a circumstance of unresponsiveness and self mocking. He began loathing his folks for not having cash to get him a seat in a clinical school. He began battling with them and began requesting cash unendingly. He needed to escape from reality that lone he was to be accused for his disappointment. His disposition towards training too experienced numerous progressions because of different disappointments and frustrations throughout everyday life. He was presented to an alternate climate when his dad improved occupation in Poona. In spite of the fact that their family could bear the cost of little extravagances like films in the end of the week, his dad constrained him to examine. Sayyed intentionally quit concentrating in counter to his dad. Further on, his awful presentation in his S. S. C. Tests drove in breaking his inner self, and for quite a while he had a uninterested disposition towards training. Significance of Values in an Organization Compared to mentalities, values are somewhat more steady. It is something we secure at an extremely youthful age and we go to convey it on all through the remainder of our lives. It is typically something instructed to us by our folks, our seniors, our educators, our otherworldly pioneers or some significant involvement with life. Qualities may relate to fellowship, helping other people, difficult work, trustworthiness, protection of cash, neighborliness and so on. All our everyday choices are focused on our qualities and convictions. Our perspectives are likewise formed by our qualities and convictions. What precisely are our qualities and for what reason would they say they are so noteworthy in an association? Qualities are standards, gauges, or characteristics you think about beneficial or alluring. Qualities will differ significantly from individual to individual since they rely upon one’s individual judgment. They are the establishment of quite a bit of our psycho-social cosmetics. Why we act the manner in which we do, why we talk the manner in which we do and why we respond the manner in which we do is all dependant on our qualities. Our connections, our decisions, our practices are totally formed by these qualities. Despite the fact that these are undetectable to us, these still influence each part of our life. An association also has a lot of qualities, which are typically a conspicuous piece in its promoting or publicizing content. At the outside, these qualities may appear to be selfless, yet truly the association may divert these qualities over and over for individual advantage. Indeed, even at a littler level, which is at the degree of a representative, values guarantee a significant job. It chooses how the representative functions, takes choices and measures achievement. Hierarchical qualities build up norms of conduct, which serve to energize or debilitate certain practices. At the end of the day hierarchical qualities help individuals to recognize needs at working environment. Explicitly stating the qualities is significant and progressively significant is to make basic comprehension of the qualities in the association. Pioneers should unmistakably convey why the worth is significant for accomplishment of objectives. The philosophy explanation plainly explains organization’s duty towards every one of the partner. In Sayyed’s case, we might have the option to a center arrangement of qualities that has helped him settle on decisions and take choice in his life. A ton of his choices and his general viewpoint depended on a little occurrence in his youth, the one about the Californian grapes. This episode drove him to comprehend the significance of difficult work. This likewise made him offer need to being effective and celebrated. It caused him to feel that heading off to the US was significant for a man’s achievement. His definitive focus on an all-inclusive time of his life was to go to the US, however he never made it. He never perceived the play of karma or chance in his life. A great deal of occurrences happened not because of his own doing. Neglecting to perceive this, he accused himself and the individuals around him for the results. Swimming in the failure, he never made an endeavor to revaluate his life or to remain back again. Be that as it may, the youth estimations of difficult work and achievement were constantly covered in his mind. These qualities jumped up when he joined for B. Sc, thusly in the wake of confronting a disappointment in Poona. He got his confirmation in XLRI, however was dismissed affirmation in UCLA, California. At that point, he had increased some passionate development to comprehend this was a huge achievement and not a disappointment. Different Theory of Personality The more we comprehend about character, the better ready to judge what rouses individuals and our self. The more we comprehend about our own character and that of others, the better ready to acknowledge how others see you, and how they respond to your own character and style. Utilized properly, psychometrics and character tests can be colossally advantageous in improving information on self and others inspirations, qualities, shortcomings, favored reasoning and working styles, and furthermore qualities and favored styles for interchanges, learning, the board, being overseen, and group working. The capacity to adjust or bring into play distinctive individual styles in light of various circumstances is ostensibly the most impressive ability that anybody can have. Understanding character models, for example, the Four Temperaments is in this way of direct assistance in accomplishing such close to home mindfulness and flexibility. Understanding character causes you perceive conduct and type in others and yourself. Perceiving conduct is an undeniable pre-imperative for adjusting conduct in yourself, and in helping other people to adjust as well. The Four Temperaments; otherwise called the Four Humors, is que

Summary Essay Example | Topics and Well Written Essays - 500 words - 14

Synopsis - Essay Example into standard America be that as it may, accomplishment of the said combination involved the engaging and opposition of WASP America’s separation and partialities. The historical backdrop of Italian migration to America gives a setting to understanding the motivation behind why they beginning involved the lower level of the European ethnic movement gatherings. Simply expressed, Italian movement to the United States didn't start decisively until the late nineteenth century, enduring to the mid twentieth, making this one of the remainder of the European ethnic gatherings to move to this nation. As both late settlers and, obviously, Catholics, they stood apart from standard, White Anglo-Saxon Protestant, America. Italian settlers didn't just stand apart in view of their strict connection or their late appearance to America but since of their relationship with sorted out wrongdoing. The linkage, genuine and not accepted, between driving individuals from the Italian American people group and the Sicilian mafia, and their transplantation of the Sicilian sorted out wrongdoing model to the United States, fuelled standard America’s preferences towards Italian outsiders. Seen of as either Mafioso or insignificant crooks, they were consigned to the base of the social chain of command and effectively banished from open office, a critical number of instructive foundations and even social clubs. By the third era, notwithstanding, preferences had disintegrated. The Italian American people group had step by step embedded itself into standard America through the selection of the center culture. The third generation’s clear Americanism fundamentally encouraged this group’s incorporation and their expanding accomplishment at upward social versatility cemented their status as Americans who happened to be of Italian plummet, rather than Italian Americans. Right now, this ethnic gathering remains at or over the national normal to the extent that the entirety of salary, training and occupation are concerned. Similarly as with the Italians, the Jews are late

Harvard Social Enterprise Conference

Harvard Social Enterprise Conference The Social Enterprise Conference brings together top leaders, practitioners, and students passionate about social enterprise. In our 17th year, the conference’s content focused on the untold truths of Social Enterprise and challenge participants to dare to take the steps necessary to make a difference. One of the great things about being at one of the top universities in the world is being right next to another one of the top universities in the world. The conference took place on Saturday, March 5th at the Harvard Kennedy School and Sunday, March 6th at Harvard Business School, neither of which Ive ever been to before. I really wanted to go but I had a pset due on Saturday and plans to hang out with friends Friday. So I stayed up Friday night watching Pineapple Express with a fraternity brother, then worked for six hours, finished by 8am, slept for three hours, woke up, had a nice cup of coffee, called up my friends inviting them to join me at Harvard that day, turned my MIT hat inside out, and made my way up to conference. AT MIT, they say you have to pick only two between academics, sleep, and social life, but I was damn sure going to squeeze in all three.   The Harvard Social Enterprise Conference had attendees and sponsors from all over the world. It was an honor to be able to attend and meet amazing people who shared such a strong desire to have a positive impact in the world. Aldrich Hall, part of the Harvard Business School and the location of some of the panels on the second day of the conference. This is a study hall inside of Spangler Hall. A study hall. I dont know how people could study in a place like this. Id be too distracted gawking around at the chandeliers, the mahogony floors, the fancy rugs, the leather chairs, and the exquisite atmosphere. Rich Corinthian leather. At the Untapped Talent: Breaking Down Barriers to Employment panel. Afterwards I got to talk to one of the panelists, Jordyn Lexton, founder of Drive Change, locally sourced food trucks that hire, teach, and empower formerly incarcerated youth. I shared the story of our jalapeño bacon mac and cheese  campaign  my friends and I did a few months ago and Jordyn was extremely impressed at how far weve come and how far we plan to go. Back to the Future: Impact Investing. Another panel on the second day of the conference expaling impact investments, investments into companies made with the intention to generate a measurable social or environmental impact alongside a financial return. These panels were great, but the real stealer of the show came towards the end of the first day during a virtual reality demo, where I watched an eight-minute virtual reality film called Inside Impact: East Africa. The film is part of the Clinton Global Initiative and documents President Clinton and Chelsea Clintons trip to East Africa in spring 2015 and how the Clinton Global Intitiative is changing lives and empowering communities.   I put on the glasses and just like that, I was teleported to Bill Clintons office, where he was briefing me on the initiative. I listened to him at first, but soon I became distracted and started spinning around on my chair and looking outside his office window. Suddenly I found myself in downtown Nairobi, Kenya, in the middle of the day. I was sitting behind a merchants table at a marketplace as I looked around, noticing the skyscrapers and the busy traffic around me. Then I was teleported to Kibera, the largest slum in Africa, but only a short distance away from Nairobi. I was sitting on the railroad tracks overlooking the slums. I could practically feel the heat wave over me and hear the mosquitos buzzing around. I then sat in a classroom at the Farasi Lane School back in Nairobi. A teacher trained by the Discovery Learning Alliance (DLA) was teaching her students about malaria prevention. I listened to the class, how it was taught, and how the kids answered the questions. Image courtesy of the Clinton Global Initiative. With the virtual reality headset I could see the classroom and even look directly behind me to the kids sitting in the back seats. Afterwards, I met with a Solar Sister Entrepreneur in rural Karatu, Tanzania. A solar panel on her roof charges a generator and provides her house with power, but she also sells solar-powered lights, cookstoves, and other goods. Then I attended the Starkey Foundations public hearing aid fitting in one of the neighborhoods. I watched a little boy regain his hearing and react to the snapping of his moms fingers and her subsequent tears of joy after the hearing aid was put into his ear. After the experience ended, I took off my googles and was back in the basement of the Harvard Kennedy School, speechless. I travelled halfway around the world and experienced the lives of six different people in eight minutes. The experience connected me a lot more with the communities in Nairobi, Kibera, and Karatu, and I see so much potential for how virtual reality could bring us closer in the future. I decided right then and there I was going to get a virtual reality headset for myself to start messing around and developing for it. I stood up, walked over to the table, put the goggles down, pulled out my phone, went on Amazon.com, and bought myself a Samsung Gear VR. If you guys want to get involved as well, I suggest buying a pair or getting the much cheaper Google Cardboard, which works with any phone, or even just finding a virtual reality group near you. Theres tons of virtual reality Facebook and Meetup groups you can join.

A Study On The Psychosocial Functioning Of Married Adults

A study on the Psychosocial functioning of married adults in one year sobriety attending Alcoholic Anonymous meeting in Chennai Background Alcoholism has a wide range of consequences encompassing the individual, family, community and society at large. Statistics show that 21% of Indian adult men and 2% of Indian women consume alcohol. The percentage of the drinking population aged less than 21 years has increased from 2% to more than 14% in the past 15 years, according to studies in the southern state of Kerala by Alcohol and Drugs Information Centre India, a non-governmental organization (NGO). Alarmingly, the study found that the â€Å"average age of initiation† had dropped from 19 years to 13 years in the past two decades. Thus alcoholism†¦show more content†¦Alcoholic Anonymous was created in 1935 as a self help group for individuals in alcohol recovery to maintain sobriety through its emphasis on spirituality, social support and its progressive 12 steps [4]. Today more people turn to AA to recover from alcohol addiction than any other program and a worldwide membership estimated over 2,000,000 in 15 0 countries (Alcoholic Anonymous, 2006). One of the frequently cited aspects of attending an Alcoholic Anonymous group is enhancing social support [5]. Correlational meta-analyses of AA effectiveness studies concluded that AA participation was linked to positive drinking outcomes and modestly related to better psychological health, social functioning, employment situation and legal situation [6]. According to Moos et al (2001), patients with substance use disorders who attend more Alcoholic Anonymous meetings had better outcome. Multiple studies indicate that regular attendance and involvement in the 12-step programs of Alcoholic Anonymous groups is associated with greater abstinence rates and increased social support and social network [7]. Though there is lucidity in relationship between social functioning and participation in AA program, limited resources are available establishing the fact that participation in AA program would enhance one’s psychosocial functioning [5]. Hence this study aims to establish such a relationship and to study the psychosocial functioning of married

How Long Do Mood Rings Last

Mood rings change color in response to temperature, which is supposed to reflect your mood. Eventually, a mood ring will turn black and stop responding. Normal Lifespan Its reasonable to expect your mood ring to last a couple of years. Some mood rings last around five years. Few mood rings from the 1970s have survived with functioning stones to the present day. Water, Temperature Mood rings are notoriously susceptible to water damage. Most meet their end when water seeps into the stone of the ring and disrupts the liquid crystals, causing the jewel to become unresponsive or turn black. Mood rings also may be damaged by exposure to high temperatures. And trying to resize a mood ring may damage it. Leaving the mood ring in a hot location, such as the dashboard of a car, also may irreparably damage the stone. You can extend the life of your mood ring by removing it when your hands might get wet and by storing it at normal room temperature when you are not wearing it.

Foundation and Empire 23. The Ruins Of Trantor Free Essays

The location of an objective upon the great world of Trantor presents a problem unique in the Galaxy. There are no continents or oceans to locate from a thousand miles distance. There are no rivers, lakes, and islands to catch sight of through the cloud rifts. We will write a custom essay sample on Foundation and Empire 23. The Ruins Of Trantor or any similar topic only for you Order Now The metal-covered world was – had been – one colossal city, and only the old Imperial palace could be identified readily from outer space by a stranger. The Bayta circled the world at almost air-car height in repeated painful search. From polar regions, where the icy coating of the metal spires were somber evidence of the breakdown or neglect of the weather-conditioning machinery, they worked southwards. Occasionally they could experiment with the correlations -(or presumable correlations)- between what they saw and what the inadequate map obtained at Neotrantor showed. But it was unmistakable when it came. The gap in the metal coat of the planet was fifty miles. The unusual greenery spread over hundreds of square miles, inclosing the mighty grace of the ancient Imperial residences. The Bayta hovered and slowly oriented itself. There were only the huge supercauseways to guide them. Long straight arrows on the map, smooth, gleaming ribbons there below them. What the map indicated to be the University area was reached by dead reckoning, and upon the flat area of what once must have been a busy landing-field, the ship lowered itself. It was only as they submerged into the welter of metal that the smooth beauty apparent from the air dissolved into the broken, twisted near-wreckage that had been left in the wake of the Sack. Spires were truncated, smooth walls gouted and twisted, and just for an instant there was the glimpse of a shaven area of earth – perhaps several hundred acres in extent – dark and plowed. Lee Senter waited as the ship settled downward cautiously. It was a strange ship, not from Neotrantor, and inwardly he sighed. Strange ships and confused dealings with the men of outer space could mean the end of the short days of peace, a return to the old grandiose times of death and battle. Senter was leader of the group; the old books were in his charge and he had read of those old days. He did not want them. Perhaps ten minutes spent themselves as the strange ship came down to nestle upon the flatness, but long memories telescoped themselves in that time. There was first the great farm of his childhood – that remained in his mind merely as busy crowds of people. Then there was the trek of the young families to new lands. He was ten, then; an only child, puzzled, and frightened. Then the new buildings; the great metal slabs to be uprooted and tom aside; the exposed soil to be turned, and freshened, and invigorated; neighboring buildings to be tom down and leveled; others to be transformed to living quarters. There were crops to be grown and harvested; peaceful relations with neighboring farms to be established- There was growth and expansion, and the quiet efficiency of self-rule. There was the coming of a new generation of hard, little youngsters born to the soil. There was the great day when he was chosen leader of the Group and for the first time since his eighteenth birthday he did not shave and saw the first stubble of his Leader’s Beard appear. And now the Galaxy might intrude and put an end to the brief idyll of isolation- The ship landed. He watched wordlessly as the port opened. Four emerged, cautious and watchful. There were three men, varied, old, young, thin and beaked. And a woman striding among them like an equal. His hand left the two glassy black tufts of his beard as he stepped forward. He gave the universal gesture of peace. Both hands were before him; hard, calloused palms upward. The young man approached two steps and duplicated the gesture. â€Å"I come in peace.† The accent was strange, but the words were understandable, and welcome. He replied, deeply, â€Å"In peace be it. You are welcome to the hospitality of the Group. Are you hungry? You shall eat. Are you thirsty? You shall drink.† Slowly, the reply came, â€Å"We thank you for your kindness, and shall bear good report of your Group when we return to our world.† A queer answer, but good. Behind him, the men of the Group were smiling, and from the recesses of the surrounding structures, the women emerged. In his own quarters, he removed the locked, mirror-walled box from its hidden place, and offered each of the guests the long, plump cigars that were reserved for great occasions. Before the woman, he hesitated. She had taken a seat among the men. The strangers evidently allowed, even expected, such effrontery. Stiffly, he offered the box. She accepted one with a smile, and drew in its aromatic smoke, with all the relish one could expect. Lee Senter repressed a scandalized emotion. The stiff conversation, in advance of the meal, touched politely upon the subject of fanning on Trantor. It was the old man who asked, â€Å"What about hydroponics? Surely, for such a world as Trantor, hydroponics would be the answer.† Senter shook his head slowly. He felt uncertain. His knowledge was the unfamiliar matter of the books he had read, â€Å"Artificial fanning in chemicals, I think? No, not on Trantor. This hydroponics requires a world of industy – for instance, a great chemical industry. And in war or disaster, when industry breaks down, the people starve. Nor can all foods be grown artificially. Some lose their food value. The soil is cheaper, still better – always more dependable.† â€Å"And your food supply is sufficient?† â€Å"Sufficient; perhaps monotonous. We have fowl that supply eggs, and milk-yielders for our dairy products – but our meat supply rests upon our foreign trade.† â€Å"Trade.† The young man seemed roused to sudden interest. â€Å"You trade then. But what do you export?† â€Å"Metal,† was the curt answer. â€Å"Look for yourself. We have an infinite supply, ready processed. They come from Neotrantor with ships, demolish an indicated area-increasing our growing space – and leave us in exchange meat, canned fruit, food concentrates, farm machinery and so on. They carry off the metal and both sides profit.† They feasted on bread and cheese, and a vegetable stew that was unreservedly delicious. It was over the dessert of frosted fruit, the only imported item on the menu, that, for the first time, the Outlanders became other than mere guests. The young man produced a map of Trantor. Calmly, Lee Senter studied it. He listened – and said gravely, â€Å"The University Grounds are a static area. We farmers do not grow crops on it. We do not, by preference, even enter it. It is one of our few relics of another time we would keep undisturbed. â€Å" â€Å"We are seekers after knowledge. We would disturb nothing. Our ship would be our hostage.† The old man offered this – eagerly, feverishly. â€Å"I can take you there then,† said Senter. That night the strangers slept, and that night Lee Senter sent a message to Neotrantor. How to cite Foundation and Empire 23. The Ruins Of Trantor, Essay examples

Substantive Procedure

Question: Discuss about the Substantive Procedure. Answer: As we all know that the substantive procedure mainly aims to determine the substantive procedure for the detection of material misstatements at the level of assertion. It would involve various tasks such as test of details of the transaction, balances, disclosures as well as the substantive procedures. In regard to the wages and salaries- In order to carry out the substantive procedure which would provide sufficient appropriate evidence in regard to the accuracy in respect of the account balance (ACCA,2016) It is required to perform the same in total taking under consideration total payroll which will involves all account joiners as well as leavers and also any rise in the pay. Also it is required to compare the same with the earlier period and of required discuss the significant change with those charged with the governance or the management. Taking into consideration sample employees, it is required to recalculate both the gross net pay as well as must reconcile the same to verify the accuracy with the payroll records maintained by them After recalculations of the deduction as per law must be done so as to determine that the deduction have been corrected calculated for the year within the payroll expenses. In addition, it is also required to analyze that wages salaries which have been recognized in the accounting period must relate to that period only. Also any prepaid as well as accrued expenses have been accounted correctly at financial statements. It is required that salaries wages have been correctly allocates in production activities and general and administrative expense as per the category (CAT,2016). 2. Electricity- In regard to the substantive procedure for the verification of electricity it is essential to conduct confirmation procedure since the same is relevant in order to determine the accuracy while confirmation it is required by the auditor to obtain confirmation from third party or reconcile the amount represented by the entity with the bills sent by the authority in regard to the electricity an must in accordance with the PCAOB (Auditing tools, 2016). Also there must be proper record in regard to meeting reading so as to have proper control over the expense, auditor must review the register and analyze the fluctuations , if there is materiality in the fluctuation must discuss the same as well as reason for the same (ACCA,2016). 3. Repair and Maintenance- In order to carry out the substantive procedure for the repair and maintenance, it would be necessary to Inquiry- it refers to seeking the required information from the person having knowledge whether in financial or may be non financial roles within or outside the company. In addition to the other audit procedure, inquiry can be carrying out thought the audit of the company. However, it has also seen that the inquiry for company personnel only would not be able to provide sufficient appropriate evidence so as to reduce the risk to low level or also to support ant conclusion in regard to the control effectiveness. Hence, it is required by the auditor to conduct or examine the documentation in resects of the same to indicate that the procedure has been performed. In accordance with the Auditing standard 11 which refer as Consideration of Materiality in planning and performing the audit it clearly prescribes that the responsibility of the auditor in order to determine the tolerable misstatement at the discloser or account level (Ey,2016). It states that at the time of conducting sampling for the class of transaction, it is required by the auditor to determine mistaken which are tolerable in respect of the population to be sampled with the purpose to design the appropriate sample plan. In the stated case, audit assistant conducted test of control for 50 transactions which were resulting provided three errors which are tolerable /hence it implies that since the tolerable mistaken in regard to the population sampled has been less than the tolerable mistaken. Hence, as a result it allow for the possibility which prescribes that the identified result would not cause the financial statement of the company to be misstated Conclusion by the audit assistant is correct. It has been provided that an amount can be recognized as liability only when it meets the criteria as follow Liability means the present obligation and has been resulted or arises because of the past event and as a result company is requires an outflow from the enterprises as per IASB. It is clear from the above that obligation arises for the company only on the basis of the past event, in the stated case company has recognized an amount as accounts payable against which goods and services have not been received till the date of audit hence it cannot be shown as accounts payable. In order to recognize the liability, it must meet the following criteria The outflow of resources is probable The value can be measured significantly in relation to the liability (Auditing tools,2016) Although it is also provided that if an obligation seems to meet the criteria of the liability but not recognition, the same can be shown as contingent liability. In the given case, the transaction not meet the criteria for liability hence it cannot be shown as even contingent liability since the good have not received yet. (2)(b) In the given case where it states that there is total error of $ 206,702 which constitute 4% in regard to the overall balance have not been material since it is less than the materiality level which has been set by the audit. Even though the risk is 4% but there must be requirement to carry on the further work or perform activities to identify the reason for the misstatement. It can be said that extensive search must be carry on for the recoded liabilities which will involves examining of the supporting documents (Auditing tools,2016) So, the conclusion by the audit assistant that accounts payable have been stated fairly is somewhat questionable. References Accounting-simplified.com. (2016).Assertions in the Audit of Financial Statements. [online] Available at: https://accounting-simplified.com/audit/introduction/audit-assertions.html#sthash.E7zBhDwo.dpuf [Accessed 2 Jun. 2016]. CAT, F. and In, L. (2016).Wages Substantive Audit Procedures . [online] Opentuition.com. Available at: https://opentuition.com/topic/wages-substantive-audit-procedures/ [Accessed 2 Jun. 2016]. Ey.com. (2016).Sampling substantive procedures. [online] Available at: https://www.ey.com/publication/vwluassetsdld/pcaob_practicealertauditingrevenue_9september2014/$file/pcaob_practicealertauditingrevenue_9september2014.pdf?OpenElement [Accessed 2 Jun. 2016]. https://www.accaglobal.com, A. (2016).The audit of wages | Students | ACCA | ACCA Global. [online] Accaglobal.com. Available at: https://www.accaglobal.com/uk/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/technical-articles/the-audit-of-wages.html [Accessed 2 Jun. 2016]. www.accaglobal.com. (2016).Accounts payable. [online] Available at: https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/f8/exampapers/uk/f8uk-2013-dec-a.pdf [Accessed 2 Jun. 2016].