The Change of Wang Lungs Attitude Essay example -- essays research pa

In spite of the fact that Wang Lung has his had a mistress. He perseveres on keeping the land and would not like to sell it despite the fact that his family was starving. He has more terrible focuses than his valid statements. Presently I will clarify why Wang Lung is a terrible man. Cash was a principle factor in Wang Lung's disposition which changed totally commonly in view of his riches. Toward the start of the story Wang Lung is a poor rancher who consistently considers how he goes through his cash. As he was a poor rancher, Wang Lung was loaded up with dread when he first methodologies the House of Hwang to gather O-Lan . On his subsequent visit, Wang Lung is as of now succeeding from his yields. This conduct is rather than the start of the plot, where he is hesitant to drink tea since it is costly. At the point when O-Lan inquires as to whether she should put tea leaves in his dad's heated water, he would have jumped at the chance to state, 'Certainly there must be tea leaves. Do you think we are beggars?'†. Nonetheless, he doesn't need O-Lan to believe that they are poor, so all things considered he comes up with a rationalization, 'Tea? No it makes my hack worse.'. These two episodes I...

Nike Brand equity Essay

Nike Corporation was fused in 1968. In their thirty-multi year history, Nike has essentially been in the matter of planning, creating, and showcasing athletic footwear, clothing, hardware and frill, Ð ° parcel of organizations put it all on the line with regards to business choice or the board techniques with Nike Corporation. Nike is Ð ° amazing organization. Nike Corporation is an all around oversaw organization in Ð ° striking industry, the organization has a solid brand picture, and they are adequately catching the worth molded from their reserve funds. Current better ways than make items are huge in today’s Apparel organizations, both to be proficient and to have the option to make greetings tech items. Nike is reliant upon high innovation in their push to remain in front of their rivals and make items. These advances are found inside PCs, used to make, plan and build up the items and machines that really make the shoes. Other than these principle territories of innovation such an enormous organization likewise utilizes a great deal of various innovation, for example, tolerating programs on PCs, intranet inside the home office and not to overlook Web page innovation for their page. They have Ð ° incredibly evolved Web webpage utilized for advertising and deals purposes. (Carty 2001 34-47)Nike principally contends in the footwear business, a subset of the purchaser recurrent area. The significant contenders of Nike are Reebok and Adidas, however any organization that sells athletic and relaxation footwear, clothing, or athletic gear could be considered Ð ° challenger as well. Rivalry inside the footwear business can be extremely solid and change rapidly because of quickly changing client inclinations and innovation. With a functioning industry, for example, Nike, it tends to be trying to support an upper hand. Nike situated itself in an industry where are for all intents and purposes no substitute items. Sprinters, walkers, ball players, football players, and for all intents and purposes each individual that moves by foot needs footwear. Since individuals are starting to turn out to be increasingly worried about their wellbeing, dynamic ways of life are getting progressively normal. Solid contention despite everything exists between Nike, Adidas and Reebok, yet the serious condition doesn't present a danger to the industry’s possibility. Inside the worth chain in the footwear business, there are just sure zones where benefits can be removed. Nike is distinctly mindful that this reality, along these lines contract out segments of the business thatâ they would prefer not to be as personally included. As indicated by Bigelow (1997) Nike took on the new pattern forcefully and forced an administration methodology that focused on building its image name, separation of its item, extreme promoting and making new markets and abusing its latent capacity. (Mill operator 2002 311-31)Market positionNike is an industry chief in creating inventive new items. One of the forces of Nike Corporation is its image name acknowledgment, since Nike has been around so long, the brand is Ð ° perceived and regarded both globally and locally. Nike has viably advertised their items and furthermore comprehends the significance of Ð ° quality item. They are consistently improving their shoes through new innovations that are created by their examination groups. Nike’s significant economical upper hand is their impalpable resources, for example, brand picture and hierarchical culture. Everyone realizes that Nike Corporation is Ð ° serious organization. Quality of Nike is their image steadfastness, Nike has reliably delivered quality items that intrigue to its shoppers, and Nike conveys a wide course of action of items with Ð ° huge measure of choices for individual inclination. Solid universal nearness is a preferred position for Nike Corporation, in the U.S deals keep on relaxing or the economy keeps on compounding, they have their global speculation that reliably transforms into a benefit. Nike is the main footwear producer as far as universal contention in the market; with the dissemination communities. Research and development association of Nike is one of the organization quality, which can keep the company’s pipeline full in spearheading new items. The organizations additionally have producing contracts with makers in nations that don't have the same number of necessities for states of workplace and others that expansion costs. Likewise as a result of the procedure is work focused, the assembling happens where work is modest. Nike is attempting to expand their worldwide nearness. On-line store is a significant factor within the sight of Nike Corporation; the organization trusts it is indispensable to run on-line activity. (Subsides 2005 3-6)Nike regardless of prevalent thinking the excellent thing about them is that the organization knows about their social duty, and gave million of money and items to various altruistic associations. Notwithstanding their commitments they have alsoâ developed Ð ° work rehearses division, which gives close consideration to Ð ° work practice of underdeveloped nations in which it produces. Despite the fact that they are magnanimous association they have not neglected to be earth mindful, with the presentation of Ð ° ecological concern indicating purchasers that they show at least a bit of kindness. On account of the Nike development they are a favorable situation in the market. This can likewise be credited to their piece of the overall industry initiative, wide item choice, and more grounded name acknowledgment. (Subsides 2 005 3-6)Brand loyaltyBrand unwaveringness is the significant achievement of any organization and Nike has overseen steadfastness with the clients now for Ð ° long. There are a few elements which assumed significant job for Nike brand steadfastness are:The Social Factors - The age structure of populace influences the way of life of sports. There would be higher odds of Ð ° buying coach shoes in the market, if the age bunches were more youthful. The catchments region of class and salary structure as mentors are generally costly to buy. Sports have become a far reaching enthusiasm for the quest for physical wellbeing improvement. It is the reason Ð ° mass market for preparing shoes items to serve the newly discovered past-time after World War One. It has become Ð ° worldwide buyer item even they were seen as a young style thing worn by film stars and popular sports. The low compensation work is likewise a social issue in Vietnam. The Technological Factors †This structures the physical condition as Ð ° accessibility of types of gear influences the business association. Their items and advances must be cutting-edge so as to inquire about ne w creative showcasing procedure. The plan of Ð ° preparing shoe is recognize being essential to its business achievement. The shoe’s style and innovation are well on the way to impact buyers. For instance, Nike’s 1977 presentation of its Air sole, which contained pockets of pressurized latent gas, set up an industry benchmark. They have â€Å"Design to Fit soles† for Ð ° each individual foot. They bring in cash with advanced innovation exploiting new advances and their capability to reduce expenses (Moore’s Law). (Carr 1998 10)Economic Factors †Analyzing their valuing methodology for Ð ° lower class populace, the quantity of potential assembling nations and cost of work, buying amounts, data about client request, contenders, contender systems, shopping designs and the financial condition has help Nike to examine today’s world. The preparation shoe fabricating has moved their monetary speculation from South Koreaâ and Taiwan, presently viewed as greater expense creation areas, to bring down cost ones, for example, Indonesia, Thailand and China. The pattern has b een for coach organizations to keep on utilizing a similar Korean and Taiwanese makers, who have set up and oversee creation plants in the new geographic areas. They are likewise ready to benefit from gainful exchange and levy understandings, any place they exist. (Bigelow 2006 87-90) Political Factors †Such as private enterprise and majority rule government of the state impact their association. For instance, the work in underdeveloped nations causes Ð ° analysis against Nike. However, since they have been uncovered, Nike has been attempting to fix this loathsome issue they made. They have been sending individuals to update the norms and have had routine keeps an eye on their plants everywhere throughout the globe for Ð ° get serious about youngster work. A brief timeframe prior, the CEO of Nike, Phil Knight, was cited as saying, â€Å"Nike has zero resilience for under-age labour.† So, it is acceptable to realize they are in any event attempting to tidy up the chaos they have made. As of late, Nike has been making an endeavor to support nature. They have done numerous things like structure an ecologically protected production line in Europe and utilized their own maintainable assembling framework. This framework â€Å"strives to utilize Ð ° least measure of assets, at 100% proficiency with zero waste.† Also Nike made the Air to Earth Program. It is Ð ° program that is intended to make finding out about the earth protected and engaging for youngsters. They have additionally taken into contemplations of the guidelines and enactment for future likely turns of events. The between relations and interdependency exercises of the earth influenced the Nike associations. Their business influences the financial, innovation, political and social elements (STEP) which these four elements influence their organizations also. For Nike to make Ð ° benefit, they should keep up high edges while growing deals. These must be finished with a progressively specific conveyance framework that looks after edge. (Carr 1998 10)Brand awarenessBuyers in the athletic footwear industry appreciate a lot of intensity. Customers have indicated over and over that they will basically hold up until costs reach Ð ° level they feel is sensible before making a buy. Almost 40% of all shoe buys are distraught

Nia Silva. Where am I Now free essay sample

Nia Silva: Where Am I Now? Its been two days since I got in that van and was removed from Candor. Its been unpleasant all alone in the wake of getting dropped off some place in northern Florida. I just achieved $50. 00 with me when Oscar and I set off into the forested areas. IVe been distant from everyone else since the time I escaped the van and Im not certain what to do. Oscar made it exceptionally evident that I was not ever permitted to call my folks, yet regardless of whether I did, Im not certain what I would state. Im sure theyVe made sense of that Im gone, yet I dont know whats occurring back in Candor. Truth be told, I dont wish to know. Im attempting my best to overlook. Everyday life was simple. The days were every one of the a haze. What's more, I realize Id despite everything be there doing likewise old dull schedule each day in the event that it wasnt for him: Oscar Banks. We will compose a custom paper test on Nia Silva. Where am I Now? or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page I think hellfire be the hardest thing to overlook. I realize it ought to be my folks who Ill miss the most, yet they never got me. I became more acquainted with Oscar in motional and physical manners that I couldnt have ever longed for with my folks. Hes all IVe considered recently. I wonder what hes doing right presently back in Candor. I wonder in the event that he misses me or ponders me by any means. IVe been attempting to keep busy with beginning my new life all alone. I know whether I contemplate Oscar, Ill continue stressing that something terrible may have happened to him and Ill complete nothing and Ill be living in the city until I bite the dust. I Just expectation hes okay

Where to Find Expository Essay Examples Topics

Where to Find Expository Essay Examples Topics It's important not only to accurately formulate the topic, yet to understand the heart of the issue and the capacity for its solution. You simply need to dig into current social problems of the local community and find the foundation for topics from that point. Dependent on the subject which you will discuss in the essay, it's recommended that you conduct extensive research to have the ability to acquire adequate ideas to select from to be able to develop a suitable argument or claim. The majority of the moment, expository essays are presented by offering a selection of topics and strategies to bring up the idea. Facts, Fiction and Expository Essay Examples Topics There are specific specific guidelines for good expository essay which should be wisely and aptly utilized. At times, you'll be asked to compose an expository essay outline. The very first portion of your essay ought to be an introduction. It will be less difficult to compose an expository essay according to a thorough plan. To start with, you will need to think what information you're going to have in your upcoming essay. There are a few individuals who immediately start after having all the information regarding the topic accessible. As you consider your topic, think about making a graphic organizer to receive your thoughts in order. Locate the trustworthy information for the essay topic you are likely to work on. A Secret Weapon for Expository Essay Examples Topics If this is the case, you could have a fantastic beginning to your expository essay. An essay must be clear and unbiased. It can be divided into many forms. Another important point to remember about expository essay is that you're the vital figure in your essay. There are lots of ways to compose an outstanding essay, however all expository essays follow the identical standard actions. At any time you compose an expository essay, you should make sure which you are doing enough planning before you frame the last version of the essay. Choose the one that you liek to compose an ideal expository essay! Oftentimes, the expository essay you write will be contingent upon an essay prompt that is given to you. The purpose of the expository essay is to expand the info on the subject in a logical way. Descriptive essays are highly original because you've got an amazing liberty of choice in relation to the content. There are lots of expository essay topics to pick from. The expository essay definition could be complemented with a few features. When the thesis statement is finished, writers are now able to think about supporting topics that are going to be the content of the essay's body. At all writing stages, it's important to not forget the principal features of expository writing. There are many methods about how to compose an expository essay. There are a couple unique techniques for writing an expository essay. In this kind of essay, you should describe something without being metaphoric. If you are picking your own topic to write about, be certain to choose one that's specific enough to tackle within the boundaries of an essay. It's simpler to understand the importance of an expository essay if you picture it like a deliberation. You need to make sure each bit of evidence within the body of your essay strengthens the notion of your thesis in some manner. If you're inclined to learn what an expository essay is and the way to write it with no stress, you're in a right location! The expository essay lets you explore your ideas, as long because you can produce them in a logical way. A flawless expository essay gives a complete explanation to anybody who reads it. The most essential part of planning out an expository writing essay is to develop an intricate analytical question and create a strong thesis that supplies a reply to your question. The simplest method of the way to begin an expository writing is to choose the topic and title. You can begin the procedure for topic selection by deciding on a wide topic you're interested in. It is crucial to stay centered on the topic at hand, not go off on tangents. The key thing is to keep focused on your topic and adhere to the facts. Expository writing is also the most common sort of academic writing! Expository essay writing isn't a challenging task in regards from the center of the writer. Each expository essay is designed to recreate in the imagination of the reader a particular image. An excellent expository essay provides a comprehensive explanation to the reader. If you would like to find out more about writing different kinds of essays, check out other posts on our blog which is going to teach you the way to compose academic papers successfully. In the next section, you will see guidelines and examples to help you in writing thesis statements for various kinds of essay papers. A thesis statement on the opposite hand, is defined as the crucial argument you will be looking towards defending in the paper. When you've chosen your examples, you're now prepared to compose your outline. The True Meaning of Expository Essay Examples Topics There are in fact a great deal of topics you may pick from when writing an expository essay. The essay ought to be written so it is addressed to a specific circle of persons. If you would like your expository essay to acquire high grades and grab interest of the audience, you always need to pick the topic you enjoy. The trick to writing successful expository essays is to pick a topic that's related to your interest and could generate lots of interest in the audience.

French Stressed Pronouns Quiz

Naval Historical Archives Of Portugal Essay - 2124 Words

Naval Historical Archives To follow up the Brazilian part of the ship’s story the author contacted the Naval Historical Archives in Portugal (Biblioteca Central da Marinha Arquivo Histà ³rico, Lisboa) and received a mail dated 25/05/2016 from Ms. Isabel Beato, the librarian. She generously provided a transcript from purchase documents dated 08/05/1869 (Fundo/Nà ºcleo 10 – Departamento Marà ­timo do Centro e Capitania do Porto de Lisboa, n º 1078), which basically state the following: ... O vendedor foi George Mitchell, Capità £o da Galera Americana denominada ‘North American’, de Nova York, a compradora foi D. Mariana Rita Bravo, †¦ foi vendida pela quantia de cinco contos cento e dez mil reis, a Galera comprada passarà ¡ a chamar-se ‘Marianna Sexta’ ... e se achou ter de comprimento cinquenta e sete metros e cinquenta centà ­metros, largura dez metros e quarenta centà ­metros, e altura oito metros e cinquenta e cinco centà ­metros, o que produz mil e quinhentos e setenta e oito metros e cinquenta e cinco milà ­metros de cà ºbicos de capacidade, com beque borda falsa, popa aberta e convà ©s lavado †¦ ‘North American’, arrematada em leilà £o ... para reconstruir. Another document describes the ship under the name of Marianna VI as of 28/07/1869 (Fundo/Nà ºcleo 10 – Departamento Marà ­timo do Centro e Capitania do Porto de Lisboa, 2206). The sources were significant for the general description of the Marianna VI and its dimensions. It was puzzling that the name North American (instead of NorthShow MoreRelatedThe General Act of the Berlin Conference on West Africa2361 Words   |  10 Pagesthe ability nor the intention to function as cooperative team players in a variant of Concert diplomacy. These years were characterized by the creation and extension of fixed rival alliance systems and by the conduct of competitions in both land and naval armaments . Having this periodization in mind, and also the great level of hostility that had became endemic in European relations for the past centuries, it is possible to ask how is it that the great European powers managed to complete the enterpriseRead MoreThe Philippine Architecture: Spanish Colonial Period18287 Words   |  74 PagesDomestic Architecture which caused the evolution from bahay kubo to bahay na bato into the idea of Arquitecture Mestiza; and lastly, Civil Architecture which involves structures needed in running the city. Spanish Colonial Intent in Relation to Historical Events in Europe As most of the people know, the Spaniards’ goal was to conquer places or islands with rich in natural resources to add up to their territory and wealth. Expansion of territory can lead to more power and much money. Having superiorityRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesThe Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral Societies in Ancient and ClassicalRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pageseffective.11 This research offers important insights. Successful managers give almost the opposite emphases to traditional management, communication, human resource management, and networking as do effective managers. This finding challenges the historical assumption that promotions are based on performance, and it illustrates the importance of networking and political skills in getting ahead in organizations. A Review of the Manager’s Job One common thread runs through the functions, roles, skillsRead MoreDeveloping Management Skills404131 Words   |  1617 PagesEmpowering and Delegating Effective Empowerment and Delegation 440 Personal Empowerment Assessment 441 SKILL LEARNING 443 Empowering and Delegating 443 A Management Dilemma Involving Empowerment The Dirty Dozen 444 The Meaning of Empowerment 445 Historical Roots of Empowerment 446 Dimensions of Empowerment 447 Self-Efficacy 447 Self-Determination 448 Personal Consequence 449 Meaning 449 Trust 450 Review of Empowerment Dimensions 451 How to Develop Empowerment 451 Articulating a Clear Vision and Goals

Essay Karrick Gold & Copper Ltd

Question: Write an essay on "Karrick Gold Copper Ltd". Answer: In order to accept an audit assignment preconditions for an audit as required under ISA 210 Agreeing the terms of audit engagement should be present. As per ISA 210 an auditor is required to: Check whether the financial statements of a company are prepared according to the appropriate financial reporting framework (FRM), and Check that those who are in charge of management understand and acknowledge their responsibilities. If the above mentioned conditions are not present then an auditor should not accept the audit unless it is required under the law. An auditor should consider and carry out the following procedures: Clients Background auditor have to collect the information about clients business and assess his standing / reputation to ensure the level of risk associated with the clients business. Auditor also has to assess the integrity of management. Clients Industry Analyze the nature of business in order to identify the applicable rules / regulations / standards to the clients industry. Risk Auditor has to evaluate the following in order to assess risk associated with client: Weak / poor accounting system, Ineffective management, Appointment of new auditors frequently, Related party transactions, Market report about client, etc. Competency auditor should make sure that he has all the required skills / competence / expertise to conduct the audit of his client. Conflict of Interest auditor should make sure that there will be no conflict of interest with the existing clients after accepting the new audit engagement. Ethical Requirement auditor has to ensure that there will be no threats to his integrity, objectivity and independence by accepting any audit assignment. Resources the auditor should ensure that he has the required resources to conduct the audit of a large business organization such as competent audit team which can complete the assignment timely. Communication with Previous Auditor - it is a mandatory requirement under the law that the auditor before accepting an audit assignment has to communicate in writing with the outgoing auditor to make sure that there are no ethical / professional / legal reasons for non acceptance of audit assignment. Auditor has to obtain the clients permission before communicating with outgoing auditor and in case client declines, then auditor should not accept the audit assignment. Similarly, outgoing auditor also has to obtain clients permission to reply back to the new auditor and in case client declines, then the auditor should not accept the audit assignment. After considering all the above factors and procedures auditor may accept or reject the audit proposal. In case of acceptance of audit assignment following procedure would be followed: Removal of outgoing auditor is conducted as per the prescribed rules and regulations under the applicable law. Appointment of new auditor is in compliance with the statutory requirements. Preparation of Engagement Letter. (KAPLAN, 2012) Audit risk involves that the auditor cangive an incorrect opinion on the financials of a company, such as, qualification made in the report where no qualification was required, no qualification being made where a qualification was justified, fail to disclose any material fact in his report, etc. Audit risk is a product of many risks that occurs while conducting an audit. Auditor must analyze the level of risk for each component of audit risk for maintaining the total audit risk within the acceptable level of risk. There are 3 major components of audit risk which are as follows: Inherent Risk risk that material misstatement will occur in the financials due to error or omission. Where estimations and high degree of judgment are involved, inherent risk is also considered high. Control Risk risk that material misstatement will occur in the financial due to inefficiency and in effectiveness of clients internal control system which will fail to prevent / detect / correct errors. Detection Risk risk that auditor will fail to detect errors through his audit procedures. For analyzing the overall audit risk an auditor will use Audit Risk Model, in which he will calculate the total audit risk by using the following formula: Audit Risk = Inherent Risk * Control Risk * Detection Risk In the given case the product of all the risk is 4 % (.80 * .10 * .50) which is very low for an audit assignment, therefore, auditor should accept the audit assignment of KGC Ltd. Audit program contains a list of audit procedures which are to be conducted by the audit team for obtaining sufficient audit evidence. After analyzing the accounting system of the company and after finalizing the audit strategy which is to be followed individual audit procedures are planned. A proper audit program includes audit procedure for each and every area of business, audit strategies to be followed, audit tools which are to be used, substantive audit tests which will be performed by the audit team. Following are the points which will be included in the audit program of KGC Ltd. mine in PNG: General Items: Obtain financial information such as monthly / quarterly financial reports, yearend trial balance, etc. Last years audit report, unusual items. Analysis of internal controls. Cash Bank (reconciliation, bank statements, physical verification). Amounts due from others. Property, Plant and Equipment and Vehicles (valuation, depreciation, impairment, etc). Accounts payable. Operating Procedures. Special Items: Analysis of estimates made for investment in new PPE over the next 7 years of $ 5.0billion AUD. Analyze whether license agreement allows for renewal in case of new findings for silver and lead ore after the expiry. Evaluation of managers expectation in relation to finding of commercial quality silver ore in near future. Making provisions for the cost of remediating the sludge spill. It is favorable to make provisions as per higher compensation limit, i.e., $ 60 billion AUD. Evaluation of sludge control system to check its efficiency so that in future no such incidence occurs. IAS 16 Property, Plant and Equipment provides the accounting treatment for PPE. All the property, plants and equipments are initially recognized at cost and valued subsequently either by revaluation model or cost model. AASB (Australian Accounting Standards Board) has recognized two methods for the valuation of assets. First is historical cost method and second is fair value method. In historical cost method asset is recorded at its historical cost (purchase price) in the books of accounts while in fair value method, asset is revalued to its current market price. Revaluation is done at regular intervals by comparing the price withsimilar assets. In general, fair value method seems to be an advanced method for valuation of assets but company has to face certain issues while valuing its assets as per fair value method. The biggest issue with fair value method is that a company is able to measure the current market value of assets reliably. Fair value method also leads to unethical or wrong business practices, such as, misleading the stakeholders by wrong asset valuation in the financial statements. There are many instances of incidence happening in corporate history which exploited this method. Fair value method for valuation of assets is more relevant but it has a major drawback because it is not always reliable. Therefore, it is more like a trade-off in which we have to choose one quality over another. So it is a fact that fair value method is more relevant but it is not always reliable for the asset valuation. (Deloitte, 2016) In the given case of KGC Ltd., it will face same issues which are mentioned in the above paragraph whether to use fair value method or not for the valuation of its property, plant and equipments. According to the IAS 16.31 it is clearly mentioned that the revaluation model is used only in case where the fair value is calculated reliably and depreciation / impairment can also be measured reliably. In order to resolve these issues auditor will have to value each and every asset carefully so as to get the reliable fair value and in certain cases valuation can be done with the help of a professional. Auditor has to consider the future economic benefits of the assets while valuing them. (KPMG, 2011). Future Prospects of KGC Ltd. mine: KGC Ltd. is in operation from last 30 years and is located in a very isolated area of Australia. The current business operations can be carried only for next 8 years after that license period will be expired therefore in order to maintain going concern prospect KGC Ltd. will have to find the commercial quality silver and lead ore in near future because the reserve of gold and copper will exhaust in next 7 years.Therefore as a general overview, the position of KGC Ltd. in long run is not certain and is mainly dependent on renewal of its license and finding of new ore in the licensed region. However, there are certain aspects which are in the favor of KGC Ltd and can help themin future by thesupport of government as it is the only company which operates in the PNG region and provides employment to 3000 PNG citizens. It is a major source of revenue for PNG government and it provides water processing plant which is the only one in that region, grade schools, health centers and hospitals. Because of all these social and environmental services of KGC Ltd. there are chances that it will get full support from PNG government and its going concern factor will not get affected. In 1994 Elkington developed the concept of the Triple Bottom Line which proposed that business goals were inseparable from the societies and environments within which they operate. The triple bottom line is made up of Social, Environmental and Economic aspects and indicated by the phrase People, Planet, Profit phrase. People Human Capital. It implies fair and beneficial business practices towards labor community and region in which anorganization conducts its business to create long term value. For example, policy restraining use of child labor, fair pay to workforce, health and safety at work place, tolerable working hours, etc. and would not otherwise exploit a community or its labor force. Planet Natural Capital. It refers to sustainable environmental practices. A company which decides to follow triple bottom line approach always keeps in mind that it does no harm to nature or creates negative environmental impact.(The Economist, 2009) As per the above mentioned explanation to Triple Bottom Line (TBL) approach, since KGC Ltd. has followed this approach therefore it is conducting its business operations socially and in an environmental friendly way. Therefore auditor should not hesitate in signing this statement as being true and fair. Since KGC Ltd. wants to invest in its PPE assets and in order to carry out its research activities for finding new sources of silver and lead ores therefore it has decided to raise $ 5 billion AUD through a share issue for which it will require a duly drafted prospectus. It has stated the following statements in its prospectus: Operations in PNG region are its principal assets it is correct because companys major source of revenue is its mine in PNG. Its operations are low risk this statement would justify for short term operation because its toxicity level is relatively low but in long term exposure it can create serious chronic health issues, therefore this statement cannot be justified and is inappropriate for the prospectus. Its operations are indefinite (permanent) in duration this statement cannot be justified at all. It is clearly visible that it isleft with only 8 years after which its license will expire. Further it has not found any commercial source for silver ore till date and in the absence of any fresh source for ore it only has reserve for 7 years therefore, in no case it can say its operation are permanent or indefinite in durations. Since there are unjustified statements mentioned in the prospectus therefore auditor will not sign-off this prospectus as being true and fair. Reference: Deloitte, 2016, IAS 16 Property, Plant and Equipment, viewed on 17th June. KPMG, 2011, Guidance note on audit of PPE, viewed on 17th June. Accounting Simplified, 2013, Audit Risk Model, viewed on 17th June. The Economist, 2009, Triple Bottom Line (TBL), viewed on 17th June.