Review of Accounting Ethics Assignment Example | Topics and Well Written Essays - 1000 words

Review of Accounting Ethics - Assignment Example Other reasons behind such accounting ethical breaches are the avoidance of taxes, prevention from a legal or regulatory consequence, approving the loans from the financial institutions, etc. (Weil, 2012) The importance of accounting ethical breaches is highlighted more especially in the events when the public money is involved in the financing of the organizations. Such organizations which are keen enough to attract the external financing through representation of general-public are willing to portray their desired financial results to the upcoming investors of the organization. By such ready-made results, these organizations tend to mislead the investors so that their shares can be fully subscribed and the company can raise their required amount of money in the first stance. Besides the accounting standards, there are some code of ethics have been issued by the regulators to assist the companies in making their financial statements more ethical. ... Groupon Inc. went to general-public for raising external financing through issuance of shares to the common investors. The share price of the company surged from $20 to $31 on the first trading day of the shares of the company. The underwriters of the company like Morgan Stanley, JP Morgan Chase, Credit Suisse, Goldman Sachs and others millions of dollars in creating a hype for this stock in the form of underwriting fee. With conservative estimations, it is believed that those investors who bought the shares of Groupon Inc. have lost some $9 billion in total since November 4, 2011, the first trading day of the Groupon Inc.’s stock. The share price of the company fell to around $13 from a high of $31 since its inception. However, the original backer of the company’s shares, Mason, Eric and others kept their holdings with them and did not sell any portion thereof. On account of such holdings that they kept with them of the stocks of Groupon Inc., they received an incentiv e named as â€Å"payday† which was a fat reward for such endeavor (Weil, 2012). Financial analysts and critics believe that it was mainly the fault of the management of the Groupon Inc. using such aggressive accounting to cause such debacle. The accounting treatment of the company was so aggressive that the Securities and Exchange Commission of US had to intervene in the financial matters of Groupon Inc. twice before the launch of its IPO. The accountants of the Groupon Inc. recognized the full revenues of the coupons that they sell to their merchants. The company booked all the revenues in this regard which heightened its earnings sharply just before the launch of the IPO. At that time, the analysts were

Care of the highly dependent postoperative patient Essay

Care of the highly dependent postoperative patient - Essay Example He had a bloc resection of rectal cancer and had been treated with sigmoid colectomy. Right hemicolectomy fallowed by HIPES (treated intra peritoney chemotherapy) solitary liver metastasis. The patient came into recovery room breathing spontaneously. His blood pressure was110/60. His pulse 82, resps 9, SpO2 with oxygen 40% via face mask. Right Jugular CVP line left hand arterial line, intercostals x2, bupivacain 0.25%. Silicon drain and abovac plasma lite 1000. I.V. continued. CVP and arterial line has been attached to monitor. First 1/2 hour patient observation was done every 5 min.-ABCDE was administered. After 15 min. BP-high, puls-100, RR-normal. On question are u in pain, patient answer severe pain. Morphine PCA attached and explained how to use, continued with boluses of 2.5mg, morphine via PCA pump. After 1/2 hour arterial blood gas sample done, showing respiratory acidosis. Patient is with urinal catheter, urine output monitoring hourly. Fluids maintenance done, fluid balance monitoring hourly for 24 hours. This paper explores the post operative care of this patient. Variables such as the level of debility before surgery, operate complexity and severity of underlying cirrhosis appear to significantly influence the rapidity at which a patient progresses through his or her early postoperative recovery stage (Leaper, & Whitaker, 2010). Most of the key liver resections are attributed to the liver’s regenerative capacity. They are well tolerated by patients and it is rare for patients to experience biochemical abnormalities. Patients having compensated liver cirrhosis and the complications that come with it are more susceptible to intraoperative blood losses that make the organ functions to deteriorate and lead to the loss of its reserve capacity to withstand stress causing life-threatening complications (Leaper, & Whitaker, 2010).