Expectations of the PCAOB new Rule PCAOB new rules Public Company Accounting Oversight Board has implemented new rules to its auditing standards which will provide financial statement users with information about engagement partners and accounting firm that participate in the audit of issuers. After the final decision, all public accounting firm will be required to apply the new rule for each issuer audit. According to the PCAOB Release No. 2015-008, the three disclosing issues include: the name
An Overview of Success and Analysis of Unintended Consequences of ACA’s Medical Loss Ratio Provision Abstract The minimum medical loss ratio (MLR) regulations in the Affordable Care Act is one of the most touted features for consumer protection which aims to improve regulation of private health insurance by guaranteeing that 80%-85% of the premiums dollars is spent on medical care and improvement of healthcare quality. This new provision aims at reducing the administrative costs
essay, “Behind the Curtain: The Body, Control, and Ballet” Kelso exposes how many individuals in society, specifically women, are pressured by society to physically look a certain way; society has to recognize that as a result, there are unintended consequences that follow. To address this issue, Kelso claims, “They live with the same pressures as the rest of society, however, they also have to deal with the risk of unemployment if they gain any amount of weight or their bodies do not look a certain
In Rating Could Have Unintended Consequences Bastedo argues that “there are widespread examples of gaming and manipulation by colleges in the data they provide” thus hindering the credibility of any rating system. Furthermore, Bastedo proposes that the “pressure on institutions will
PCAOB new rules Public Company Accounting Oversight Board has implemented new rules to its auditing standards which will provide financial statement users with information about engagement partners and accounting firms that participate in audits of issuers. After the final decision, all public accounting firms will be required to apply the new rule for each issuer audit. According to PCAOB Release No. 2015-008, the three disclosing issues includes: the name of the engagement partner; the name, location
What is technology?.Technology is how people use and make modifications to everything that is in the environment as tools, knowledge, machines, techniques and even methods of organization in order to solve a problem or make something easier. Technology can significantly affect humans and animals to adapt to natural environments. Technology has played an important role in the development of the quality of life of humans and animals and has also played an important role in the conservation of our environment
The essay “Three Face of Technological Determinism” by Bruce Bimber tackles the meaning of Technological Determinism at a different perspective as he branches off to three interpretations; Normative, Normological, and Unintended Consequences. Normative accounts explains how societies attach cultural and political meaning to technological influences. Bimber’s second interpretation stated on page 83 of the book “Does Technology drive History?” Explains how society has been affected by the way they
of reducing unintended pregnancies. A possible failure and unintended consequences of AB 2348 is that it was linked to the Affordable Care Act which had a fair amount of pros but also had a lot of drawbacks for its consumer. The Affordable Care Act increased coverage raised overall health care costs in the short-term. This was mainly because many people received preventive care and testing, such as hormonal contraceptives (Amadeo, K., 2017, February 1). A second unintended consequence is that AB
former especially when the alternative is a total ban. An evaluation of a smoking ban implemented at a Scottish University in October 1997 suggests that the total ban is not only unpopular with smokers but also among non-smokers who experience unintended consequences of the new policy. The greatest complaint from non-smokers stems from the relocation of smoking to outside and particularly around the entrances to University buildings.
of the Old World, and the Native Americans of the New World. However, none of this went on without unintended consequences. From deadly diseases to gaining new foods, like much of history, the Columbian Exchange had its good and bad moments, some of which were not intended to happen. Although there were several actions that caused unintentional events, by far one of the most important consequences that should be known is how guns affected Native Americans. Before the Columbian Exchange, Native Americans