FORENSIC ACCOUNTING Money Laundering and organized Finance

FORENSIC ACCOUNTING Money Laundering and organized Finance Money laundering poses a serious threat to individuals, businesses, financial systems, markets and governments as this financial crime affect the health of human beings and destruct the development of a country, for example developing countries loses billions every year to countries such a Switzerland. In the recent years White Collar crime has become the potential threat to the continued existence of capitalists economy , which now force the international and regional government begin to acknowledge that money laundering has become a threat to the global economy development, financial systems as well as to the global community. Due to the growing of organised crime such as human trafficking, drug trafficking, terrorism and tax evasion. Money laundering is believed to be the third industry by some academic researchers, with an estimated 2% to 5% of gross domestic products (GDP) of the world. This essay will also provide a literature review in order to better understand the theories of money laundering and the roles and responsibilities of professional bodies. Which also include the review of international and national policies and legislation frameworks designed to prevent money laundering? Final the finding and recommendations of this essay clearly shows evidence which suggest that professionals are vectors and advisers of money laundering, therefore, such illicit seems to be made easy by various professions who collaborate and contribute to this growing problem, in particularly the banks, professional bodies such as Auditors, Accountants and Lawyers, are argued to play a pivotal role in smoothing the progress for money launders to conceal the proceeds of their corrupt activities INTRODUCTION This study will attempt to examine the relationship between money laundering and Fraud, as well as its global network and the seriousness of these crimes effects in the global economy and the social consequences for the international community. Furthermore, put in plan words the problem of money laundering in the UK, reflecting on whether anti-money laundering laws introduced in the past decades has in some why improved the control of this criminal activity. Summers (2000), states that the observable fact of money laundering is a characteristic of organized crime with researcher and academic estimating that the money laundering generate about US$100 billion; while the British Intelligence estimated that the total amount being laundered annually is about US$500 billion..The illicit drug trade alone is estimated to generate about US$300 billion of which a significant part would require laundering; this is also supported by Wolfensohn (2002). As there are many studies that critically examine money laundering and the factors that contribute to money laundering etc, there are still few and far between studies actually looking into the factors that contribute to the increase of money laundering in developing countries and match up to whether developed countries preaching for regulations and monitoring money laundering to the rest of the world , while ignoring their contribution in promoting this complex crime in developing countries indirect and direct. Problem statement White Collar crime has become the potential threat to the continued existence of capitalists economy. Money laundering for instance is assumed to take a large portion of white collar crime global, as statistics predict that almost 5% of the world gross domestic product (GDP) is lost to money laundering each year (IMF, Website ). Research aim and objectives The primary objective of this essay is to explore and identify the level that underpins the bureaucracy of money laundering, looking at both point of views (Developed Countries perspective and developing countries point of view), and measuring the preventing of money laundering. Also as to give comment on the accuracy to whether the join combat efforts are realistic. Research methodology The present study is an attempt to explore and explain the international legal systems in combating money laundering and fraud the legal framework in the global scale. The methodology of this study will gather information from secondary sources, which are already in publication, such as academically journals, books, professional articles, the internet and any other publications (Sekaran, 1992). Furthermore, the study will make an effort to find out the relevance of the information so as to possible present appropriately, to explore some of the factors that are part of the cause to money laundering and fraud. Therefore as the study will be only based on published secondary information we will reach a conclusion that does not point toward our own opinion but the critically review of the conclusion of the previous studies in this have concluded. Assumptions made in this report As the definition of money laundering constitutes a range of dynamic criminal activities, this study make assumption that money laundering includes trafficking, fraud, corruption and terrorism as all these crimes share a common feature, which lead to proceeds of illicit being laundered in some way or another. Therefore, all these above mentioned crimes are to be money laundering for this study. Investigation Outline The first section of this essay will provide a brief introduction of the objectives and assumptions made throughout the essay, as well as attempt to introduce the research question and give an overview of the subject area. This will be followed by the second section, which reviews previous studies and the critics of the conclusions of these studies. Section three will then briefly communicate the theories of money laundering and the factors that cause money laundering developing countries, followed by a short history and the definition accepted by this essay. Section four will provide evidence found by this study and a critically suggestions. Finally section five will reach a conclusion. Literature Review In order to understand the present and future of money laundering, it is important to first give a brief explanation of the background history of its origin. According to Bosworth et al, (1994), money laundering originated in the USA during the 1930s, Despite the fact that there are several publications studies in the literature of critically examining the subject area, their point of view seem to give attention to the legal and regulatory framework, adding to analysing the stages of cash placement or analyzing causes and remedies of legislations that contribute to money laundering, however, there is little done, in other words a number of empirical studies are rather limited to study whether there is a linkage between the developing and developed countries, and if are there any lessons learned? According to a study by Wolfensohn (2002), stated that at least US$1trillion is believed to laundered every year using progressively more highly developed methods such as the wiring transfer of funds across boarders, in addition these complex methods involve employing services and advice of professionals such financial advisers and accountants (Sikka, 2003; Arnold and Sikka, 2001; Aloba, 2002; Bakre, 2007;). Mitchell et al., (1996) study exposed actions carried out by some of these professionals and companies in Accounting such as Jackson Company; Grant Thornton Partners; Coopers and Lybrand; and a cabinet minister in the UK government, who were all caught up in money laundering of illegal transferring money from AGIP to Kinz Joallier SARL. The professional body of the Institute of Chartered Accountants in England and Wales (ICAEW) was passed on with the case to investigate the professional misconduct of its members. Even though the High Court had previously dealt with the case and gave its own judgment, which found that the two Accountants who were caught up in the act of money laundering, the courts ruling stated that these professionals actually knew that their action were against the law and obviously laundering money, the Judge found them guilty, however the professional body itself (ICAEW) it appears that did not view it the same way as the Court did. Furthermore when the investig ation and disciplinary committee of the ICAEW was criticised it argued in defence that it was not provided with insufficient evidence to warrant the bringing of a disciplinary case against any of its members in this case of money laundering (see Letter of May 9, 1994). On the other hand, BCC I investigated the global closure in 1991 and uncovered a massive amount of criminal activities including money laundering in a number of countries around the world, which involved bribery of government officials, arms trafficking, the sales of nuclear technologies, the support of terrorism, tax evasion, and smuggling operations, as well as massive financial frauds (Arnold and Sikka, 2001). According to the 400 page report by Arnaud Montebourge (2001) The City is an impenetrable fortress with a status, rights and custom of its own, a closed universe where every financier, banker or businessman chooses silence above all else. The report stated that it had taken the British an extraordinary amount of time to respond to Swiss tip-offs before ordering 19 banks to freeze funds linked to former Nigerian ruler, Sanni Abacha [BBC News, October 10, 2001]. A Harvard-educated Colombian economist, Franklin Jurado, used the services of accountants to launder $36 million in profits, from US cocaine sales for the late Colombian drug lord Jose Santacruz-Londono, by wiring it out of Panama, through the offices of Merrill Lynch and other financial institutions, to Europe. In three years, he opened more than 100 accounts in 68 banks in nine countries: Austria, Denmark, the United Kingdom, France, Germany, Hungary, Italy, Luxembourg, and Monaco. Some of the accounts were opened in the names of Santacruzs mistresses and relatives, others under assumed European-sounding names. Keeping balances below $10,000 to avoid investigation, Jurado shifted the funds between the various accounts. He established European front companies with the eventual aim of transferring the clean money back to Colombia, to be invested in Santacruzs restaurants, construction companies, pharmacies and real estate holdings (UN, 1998) cited in Garnaut, J. (2006). According to the UN General Assembly, corrupt politicians, government officials and other criminal organizations increasingly sub-contract the task of money laundering to specialized professionals (such as accountants, lawyers and bankers) because the methods required to circumvent law enforcement officials are becoming ever more complex (see UN Special Session on the World Drug Problem 8-10 June, 1998). Professionals (such as Accountants, lawyers and bankers) are used not only to conceal the origin of the source of the proceeds, but to manage the subsequent investment into legitimate real estate and other assets. Money Laundering Introduction In anticipation of comparatively recently notion of money laundering were subjects that, although continuously reported and chattered about, were not studied to a great extent. it gives a quite out of the ordinary impression for the fact that well know crime stories such as the Medellin cartel to the notorious Al-Qaida network that have been taking place up to the September 11. Therefore, this can be arguable that beyond doubt it point out that organised crime has evolved a great deal fitting itself into a far-reaching socio-political changes, complex technological developments and diverse culture environments. According to Murilo Portugal, Deputy Managing Director of the IMF: Global financial stability hinges on collective action at the international level, but also on effective national systems. Robust anti-money laundering and combating the financing of terrorism regimes are an important pillar of the international regulatory and supervisory system and part and parcel of the current efforts to strengthen the global financial framework.. Therefore, due to the out of the ordinary of money laundering and the new developing complexity of the techniques used by launders it is hard to keep accurate information of this sort of crime. What is Money Laundering? Although the observable fact of money laundering has taken on increase attention, from every country in the world its notion is still a controversy in the criminological phraseology. In anticipation of the concept of money laundering phrase, which has almost been talked about and documented over for the past seven decades, it is extraordinary that this subject has been given fewer research studies, regardless of the fact that organised crime has been part of the society for such a long time. Money laundering has been defined as the cover up of unlawfully get your hands on assets or proceeds so the can be then made to appear as they have been acquired in a lawfully manner. On the other hand, money laundering can mean different thing to different countries and organisation as there are variations on the definition of money laundering, nevertheless, almost certainly accepted definition that fit within the framework and the global idea intended to provide a global definition of money laundering is the one outlined (UN Organised Crime Convention). Article 6 of the convention regards the following conduct as money laundering: (i) the conversion or transfer of property, knowing that such property is the proceeds of crime, for the purpose of concealing or disguising the illicit origin of the property or of helping any person who is involved in the commission of the predicate offence to evade the legal consequences of his or her action; (ii) The concealment or disguise of the true nature, source, location, disposition, movement or ownership of or rights with respect to property, knowing that such property is the proceeds of crime; (iii) The acquisition, possession or use of property, knowing, at the time of receipt, that such property is the proceeds of crime. According to FATF, money laundering is defined as: . . . the processing of a enormous number of criminal acts to generate profit for individual or group that carries out the act with the intention to disguise their illegal origin in order to legitimize the ill gotten gains of crime. Any crime that generates significant profit extortion, drug trafficking, arms smuggling and some kind of white collar crime may create a need for money laundering (FATF). The process of money Laundering Alternatively money laundering operates in the same manner as a lawful business in terms of the financial operations. Therefore money launders in their set of business operations act upon the intention of introducing funds originated from criminal activities into the economy so that it appears legitimate. For this to be achieved funds or proceeds need to pass through a long way before it take on the appearance of a legal financial transaction. The procedures used in a money laundering process, theoretically, include three all-embracing stages known as placement, layering and integration. (I) Placement: This is the first stage in the money laundering process. It involves the introduction of the proceeds of criminal activity into the main stream financial system. This may involve the opening of bank account with genuine or fictitious names and the subsequent lodgement of funds in the account. This is the most vulnerable stage; (ii) Layering: This process involves the creation of a complex layer of financial transactions with the aim of evading the audit trail. The launderer may as well decide to purchase high valued commodities such as automobiles, jewellery, etc., and exporting to a different jurisdiction. Or better still, it may involve the purchase of shares of companies at the stock market; (iii) Integration: This stage involves the recycling of the laundered wealth to the direct benefit of the Launderer to appear as if it was derived from legitimate activity .It may involve the selling off of some valuable items which were purchased during the layering process. Causes of Money Laundering In a recent study ( cited on Ribeiro, 2002:Galvao, 2000); it is argued that money laundering causes bizarre changes, such as when the demand of money increases it also increases the risk and precariousness of the banking sector and financial systems. In addition, money laundering creates corruption, fraud, bribery, white collar crime and all other financial crimes. It is also worth contemplating whether some of the key drivers of money laundering in developing countries are due to the complexes of western regulations? According to Linell (1999), the western countries such as USA UK, approach the challenge against money laundering from a cost to benefit approach. For example the enforcement officers evaluate the cost of resources and compare it with the value of the crime in order for them to investigate; evidently this is an open door to launders to curse developing countries. Another report by Moore (2004), accuses Britain to be a safe Haven for money laundering. Moores reports fou nd fairly estimate that between  £25bn to  £40bn of dirty money is laundered in the UK each year from all over the world. This opens a question to whether globalization and technology, developed countries and professionals could be the main drivers of money laundering in developing countries (Killick, M. (2004). Globalisation and Technology To understand how increasing technology can have an adverse effect on money laundering, it is worth reflecting why the criminal considered technology as their shelter to hide their proceeds. Drawing attention to the revolutionary impact of technological advancement on organized crime, particularly money laundering as well as the concept of globalization, it is clear for one to argue that the combination of these two has deregulated the simply customs of state control over their own territory or location. There is no doubt even there is a lack of academically evidence to support this, globalization and technology has created more opportunities for criminality than it has for preventing them committing these crimes. for example, Tinker (1980), argues that globalisation has created profit generation organisations, such as the MNCs that work against the moral of local economy, particularly in developing countries. Money Laundering and the Professions in Developing Countries What is the relationship between the professionals such as the Accountants, Auditor and the Lawyers, and money laundering within the developing countries? Can their role be found been in a contradictory to be of capital accumulation ambition. According to Hoogvelt and Tinker, 1978 the money launders and the professional groups are seen as a protection of capitalism for the developed capitalist countries. For this reasons, capitalistic purpose of the Western economic powers, reflected within the formation of the multinational corporations (MNCs) as well as other overseas capitalists which produce offsprings of capitalist relations in developing countries, is arguable be the cause of contradictory placement between the corrupt ruling leaders and those you have influential powers in developing countries and the good governance, accountability and transparency-preaching Western capitalist world ( Bakre, 2005, 2006a). Wade, 1996 suggested that the alleged reason of bringing investments to developing countries is mainly based on the highly praised globalization. On the other hand, one can question whether globalisation benefits these developing countries. Hirst and Thompson, 1996, argue that this capital mobility is not in point of fact turning out a substantial shift of investment and employment from the developed countries to the developing countries. Therefore, the notion that these developed countries and globalisation would be of assistance to boast the economies of these developing countries. This seems to suggest that the MNCs and other foreign capitalists operating in foreign countries may not be relied upon to subordinate their own capitalistic interest to the interest of those countries where they operate, especially developing countries. However, the notion that the developed capitalist economies would help to jump start and boost the economies of developing countries through investments, which would eventually get rid of corruption and poverty, has been the acclaimed cornerstone of globalization ( Groom, 2001). Accountants and Auditors The external auditors, PriceWaterhouse, were in the dual position of acting as private consultants and tax advisors to the BCCI management to further their private interests, while the State was relying upon them to perform public interest functions by acting as an external monitor and independent quasi-regulator (Arnold and Sikka, 2001). For this reason, it can be argued that Britain and other western countries are still providing safe haven for money launderers and those who commit financial crimes (Moore, 2004). Another evidence is found in the document on BBC News website( ),it accuses Londons development to be clearly doing well as a result of its banking secrecy codes, which ignores the publics interest. Another example is the report by the African Business (online), which claim hundreds of billions of rand from white-collar crime have been laundered through South Africas financial system, but no convictions have yet been made (African Business, July 1, 2002). Deloitte Touchà © forensic services manager, Rupert Haw, says the global trend suggests that crime bosses earn their income in developing countries but invest it in more secure and sophisticated financial systems in developed countries (African Business, July 1, 2002) The Duty to Report Unlawful Conducts. It is obvious that for effective enforcements to tackle money laundering and fraud, the state should put in place a clear role of reporting duties for individuals and companies as well as professional boards involved in preventing. According to Masciandaro and Portolano (2003) Barret (1997), money laundering threatens the growth of the economy and the socioeconomic development of a country. Therefore, the development and robust economy can only achieved if both developing countries and developing countries put a balancing effort in combating money laundering, such as good governance and regulations that are not charlatan. From this perspective, the next following paragraphs will provides the evidence, which suggests that the developing countries and its ruling elites, public bodies, professional bodies and individuals as mentioned above are hypocrites in their role to prevent money laundering in developing countries. According to a report Hypocrisy of the developed countries and global bodies: evidences Money laundering is a global problem which significantly affects both developed and developing countries. This essay suggests that the problem should be tackled by both developed and developing countries, rather than shifting the burden on poor developing nations that have no resources to combat this global crime [Ekaette, 2002]. At the same time, readily available evidence indicates that some authorities in African countries steal government funds that are meant to serve the public and wire the money into some implicit accounts in banks in England, Switzerland, France, Germany, the USA, the Cayman Islands and Bahamas and [Agabi, 2002]. As in the case of the former Zaire (Congo) President Mabuto Seseko who was helped by the British government to win the elections in a fraudulent way. Furthermore, during is time in power it is claimed the western opportunely looked the other way and maintained their silence, while he was stealing the state money, laundering funds into overseas bank accounts (mainly Switzerland). With the continued protest from the several developing countries to those countries that function as haven for ransack funds from developing countries to assist in the recovery of the stolen funds in their banks, many of the countries, particularly the former colonial power, Britain, have refused to cooperate. While some others (such as Switzerland) have been promising to cooperate, sometimes these promises end up not being followed by these Countries. Secondly, from a developing countrys point of view, the Western countries uses criticisms of the developing countries as in the case of (Mabuto Seseko) as a means of benefiting from the issue of money laundering, while pretending to be implementing actions of the same anti-money laundering and anti-corruption preaching Western economic powers suggest hypocrisy. For example, while countries such as South Africa and Nigeria, and 28 other developing countries have so far given their support to the United Nations Convention Against Corruption, except France, all the other member countries of the so called Financial Action Task Force, FATF, that have been jointly threatening Africa countries economic sanctions, have not yet endorse the UN Conventions Against Corruption (see This Day, June 9, 2007). Moreover, it was during the 2002 meeting on the Global Organisation of Parliamentary against Corruption (GOPAC) that Australia, Canada and Italy  [1]  made pledges to set in motion machiner y to amend their banking laws to facilitate easy recovery of the developing countries looted funds in the banks in their countries [The Guardian, November 5, 2002]. Strangely enough, while countries such as USA, Britain, France, Germany, and Switzerland which serve as havens for looted funds from African countries expressed serious concern over the growing incidence of corruption especially in developing countries, such pledges were not made by any of these countries. For example in the case of , Raul Salinas de Gotari, brother of the former President of Mexico, Carlos Salinas de Gotari was able to transfer $90 million to $100 million between 1992 and 1994 by using a private banking relationship formed by Citibank New York in 1992 (see US General Accounting Office, 1999). The funds were transferred through Citibank Mexico and Citibank New York to private banking investment accounts in Citibank London and Citibank Switzerland. Yet, Britain and the United States are both powerful and leading member countries of the Financial Action Task Force (FATF) that claim to be fighting money laundering globally. Conclusion Nonetheless, it is clear from available evidence shown in this essay that money laundering is one of the major challenges faced by the developing countries and if it is not tackled In time it will became the main destructive force to the economic and social development of this countries as it affect economic growth, reduces productivity in the economys real sector by diverting resources and encouraging crime and corruption, and can distort the economys long-term economic development. This essay highlighted observable facts of Money Laundering and its origins, as well as the patterns and implications it has in the developing countries. it is crucial to make a note of the hypocrites approach the western countries take, however a accurately study is recommended to effectively identify whether this claims exist. The resources against money laundering should be strengthened to ensure that the professional and MNCs wont continue to abuse the financial systems. Final Global responses to the challenges of money laundering should be tighter than at present.

Common Theme :: essays research papers

Literary works have life changing messages hidden within their pages that have the power to teach a lesson. During the second half of the school year, we studied a myriad of novels and plays, however, despite their differences in plot and characters- the works had an overall theme in common. Each work discovers and characterizes the global theme of hope differently.   Ã‚  Ã‚  Ã‚  Ã‚  In The Lottery, the characters disagree with a deadly ritual but follow it because they are afraid and will be chastised. At first there is some resistance from the family who gets the black ticket but in the end there is no confrontation. The characters never collaborate and join a team to do anything against the tradition but they hope that one day the town elders will understand how ludicrous this act they hold so dearly to their hearts is.   Ã‚  Ã‚  Ã‚  Ã‚  A Catcher in the Rye, a novel explaining the nadir of an esoteric young man, depicts hope because Holden Caufield is stuck in a world of his own that he wishes to get out of. In the beginning of the novel, Holden tells Mr. Spencer that he feels stuck in his own world and that he wants to break away but can’t bring himself to do it. Holden hides his craving to be a part of the normal world by saying that everyone is phony. He hopes that one day he’ll be accepted and understood by the world for who he is. But Holden takes this theme to one more step; he gets help at the end. Holden sees a psychoanalyst and in turn he courageously looks in the eyes of his problem.   Ã‚  Ã‚  Ã‚  Ã‚  In Death of a Salesman the theme of hope is ascertained through Willy’s strive to achieve the American Dream and to treat his family with valor. Biff demonstrates this theme by hoping that one day his family will cherish each other and be proud of him like they once were. Arthur Miller wants his readers to understand that if they work hard at something it can sincerely come true. If Biff and Willy put aside their differences for just a moment and talked things out- devoid of getting irrational they would have been back to normal. What the father and son pair doesn’t realize is that they both hope to get along with each other but they never speak about it so it doesn’t occur.

Reversal of Characters in A Tale of Two Cities :: Tale Two Cities Essays

Reversal of Characters in A Tale of Two Cities When writing a book, authors often focus on a central issue or theme. However, other themes develop through the course of the piece, either consciously or subconsciously. One such theme is a reversal of characters in A Tale of Two Cities. Individuals and groups of people change dramatically from the outset of the book all the way up to its conclusion. Three of the most obvious changes in character are Sydney Carton, Madame DeFarge, and the French people as a whole. Sydney Carton is first described at Darnay's trial as not paying attention to what's going on, sort of an oaf. He is portrayed as a drunk, and even admits this to Darnay on their "date." However, love, they say, is strong; Carton's love for Lucy changed him greatly though the course of the novel. He stopped drinking when he visited, and even pledged his life to her, and everyone she loved. Carton changed even more dramatically when death on the guillotine was approaching. He waxed philosophical about the future, and even quoted a few scriptures. This is most certainly not the man first seen at the Old Bailey with the sideways wig. Another interesting change took place in the character of Madame Defarge. She is first portrayed as a woman of principle who is helping her husband with the revolution. However, Madame Defarge makes a startling metamorphosis from supporting character to antagonist when she is revealed to be the shadow. She is shown to be cruel and petty, not the compassionate woman one would assume of a leader of a revolution against tyranny. This part of the novel casts a shadow of doubt over the rest of the characters, and one begins to question the validity of all the characters. Finally, the French people themselves start out as downtrodden and miserable victims of a corrupt system. But it is illustrated that they could be just as heartless as their rich counterparts, the aristocrats, when it came down to it. For example, anyone who was an aristocrat, or even associated with aristocrats, was sentenced to death. As the novel went on, the French people

Adventures of Huckleberry Finn and Personal Qualities Essay

1. Characterization: What do you learn about the attitudes, beliefs, and personal qualities of the duke and the king from their words and actions? In what way is the characterization of the duke and the king satiric? Consider their claims about their lineage, their acting, and the faulty historical and literary allusions they make. What is Twain suggesting by having the king and the duke pull their first â€Å"con† at a religious revival? The duke and king have little sense of right and wrong, or at least choose to ignore it. they are unlearned  but fairly intelligent men who think more highly of themselves than they ought to, as is strongly hinted at by their claims to lineage, and they take pride and joy in swindling others of their money, heedless of religion or other core principles held by most people. This doesn’t change at all. ThEww characters are satiric towards society as a whole, putting money before all else. 2. Theme: What epiphany does Huck have in Ch. 23 that advances his inner conflict? What theme is Twain addressing? Buck realizes that Jim has a family as well, and can feel just like any other man. Here, twain is addressing the theme of equality. 3.  Pathos: A quality in a work or a portion thereof that makes the reader experience pity, sorrow, or tenderness is called pathos. Generally the character is pathetic, helpless, and/or an innocent victim suffering through no fault of his or her own. Identify and explain an example of pathos in Ch. 23. Twain uses pathos when he writes how Jim is homesick and misses his family, and how Jim feels guilty for beating his daughter, not knowing she was deaf. This is a sad story, used to evoke emotion from the reader, thus making the passage more enticing. Twain does this throughout the book in order to hold the attention of the reader.

Identity: Filipino Psychology Essay

?Introduction Identity, what is Identity? It answers the question ‘who am I? ’ it might appear to be about personality; the sort of person I am. That is only part of the story. Identity is different from personality in important respects. We may share personality traits with other people, but sharing an identity suggests some active engagement on our part. Identity appears in the characteristic of a person, every one of us has its identity without it who are you? Some people’s identity is rich because if their money some notorious because there dangerous and some are funny because of their sense of humor. You what is your identity? As a Filipino I have a identity of a â€Å"Pinoy†. Filipino identity is defined in its origin, culture, language, religion and other characteristics that distinguish it from other groups. A typical Filipino is usually described by outsiders as dark skinned, flat nosed, short people from Philippines who speak either in Tagalog or Taglish, and is a Christian. Other descriptions of Filipinos are rice-lovers, hardworking, family-oriented, and nowadays, a domestic helper. Young Filipino is known as being late, with the â€Å"manyana habbit†, â€Å"easy go lucky† but all of the Filipino starve for the best in life. The Philippines may be described as a nation in search of its identity. Because of the long preoccupation of the colonizers, the Filipinos have become so westernized that it has lost its own identity. Philippine identity has long been an issue among anthropologists and other nations because of the many resemblance and similarities of its culture to other cultures, like those of Spanish, American, and neighboring Asian cultures. Filipino culture, being a melting pot of many cultures makes it difficult for the Filipinos to assert their own identity. Three hundred years of Spanish occupation in the Philippines influenced a lot in the culture resulting to Philippine music, visual styles, dishes, vocabulary and social customs being considered unoriginal by the outsiders. And because we Filipinos are not really English speaking people, they become anxious about their identity when faced with foreigners. Also, when we Filipinos are being exposed to the world through media, the image being portrayed by the foreigner is of being tribal or being associated to tribalism. This resulted to us Filipinos not having pride for their own culture. ?Body of the Paper A Filipino is one of a kind when it comes to identity, each one of us has is identity tells us who is who and what kind of person are we. Is there really a Filipino identity to others? A glimpse of our historical past will surely reveal who the Filipinos really are, yet due to external factors like technological advancements and colonial influence, the true essence of being a Filipino now reaches the point where it is slowly degrading. Evidently, our colorful history truly defines our identity as a Filipino, but as I said earlier, changes threatened this identity. Let us consider for example our national flag which is the symbol of our nationality. This rectangular piece of cloth identifies us being a Filipino. Knowledge of these symbols is not enough to identify yourself as a Filipino. What really matters most is our culture. Culture is our identity. Filipino cultural values are widely-held beliefs which make some activities, relationships, goals and feelings important to us Filipino people’s identity. Filipino is usually described by outsiders as dark skinned, flat nosed, short people from Philippines who speak either in Tagalog or Taglish, and is a Christian. Other descriptions of Filipinos are rice-lovers, hardworking, family-oriented, and nowadays, a domestic helper. And now a day’s Filipino influence a lot to society like in music, food, philosophy, art, religion and in culture, We Filipino preserve our culture very well as you can see our traditions and culture is still alive and we still doing it. Filipino is doing great to our human nature. We Filipino contributed a lot to this world, A Filipino invented Fluorescent light and you could see them around the world inside the offices, nuclear plants, NASA, hydroponic, inside the buildings, airports, hospitals, everywhere around the world. We gave lights to the whole world and Filipino invented the Fluorescent. In sports a Filipino holds the record on championship titles in boxing. Filipino identity now has pride in it, never give up, that’s the true Filipino identity it contributes well in our society. Filipino values is one of the most important identity about us, Filipino identity of a person or an individual known as the Filipino, the Filipino value system are found to possess inherent key elements of value system which includes their own unique assemblage of consistent ideologies, moral codes, ethical practices, etiquette, and cultural and personal values that are promoted by their society. As with any society though, the values that an individual holds sacred can differ on the basis of religion, upbringing and other factors. Conclusion.

Influence Different Stakeholders Exert in One Organisation Essay

D1- Evaluate the influence different stakeholders exert in one organisation. I am going to evaluate how important it is for stakeholders to exert on an organisation. This is stakeholders such as employees, customers, shareholders, suppliers, owners and the government. I will also state if the influences have positive/negative effects on the long term success of the organisation. Woodbridge- The two types of stakeholder I am going to explain are students and the local community. Students can exert an influence through their individual attitude, behaviour and effort. The more students in the school the more they will need to expand. This could be because of the population in the local community and the education provided by the school. This also allows the school to increase the chance of having different courses which could suit more or less everyone. If students want to achieve and gain good qualifications they will need to allow teachers to plan fun and enjoyable lessons. This includes a variety of different learning and teaching styles. Some students may prefer to listen, group talks, and others might want to engage in activities. This also gives the teacher to learn more about the students and see how they will learn best. If the examination performance is good and has improved from last year, it increases the reputation of the school. This is also good because it allows the school to compete locally with other schools. However, there are also negative affects which come into this such as the curriculum lowers and students do not come into school and learn. This will then lead to lessons being missed out on and not getting work done in on time which will also lead for the student to not understand the work properly. The school will be concerned about the students education as the examination (outcome) might turn out disappointingly bad. The government gives out money for the community and what they have to do is divide the money between schools, services and others. They fund the school by giving them a budget of how much they think the school should/would spend in a year. This includes wages of teachers, utility bills and education resources. At the top of the second paragraph I mentioned that if the school was to expand as Woodbridge is in 2015. They will need to provide the school with more money as there are more students to educate and teachers to pay. The negative side to it is that they are given a budget which they will have to stick to. If they go over the budget they will need proof of what bought and the money spent on. If they agree with it then they are given more money to the school. It will be difficult for them to get more money as recession goes on and economy down. This is because the government will have to cut everything so that the country runs also. Coca-cola: Employees are internal stakeholders and can exert influence by positive attitude, responsibility and productivity. Employers of coca-cola need to hire employees to do a specific job. Employees are very important as any other stakeholder as they have first contact with customers. If the customers have any enquiries or want to ask questions they will go to the employers of the business/organisation. If the employers have a bad attitude and lack of communication towards customers will lead to poor reputation for the company with an increase in complaints by people. The organisation will need to focus on trying to recruit the best people which will benefit the business by having them there working. The employers should have good and positive attitudes to what they are doing and their job as employers will be satisfied with the work and keeps the business going. If the employees are doing what they are told to do the employer is happy. The better the staff, the better outcome of the business. Customers are external stakeholders to any business/organisation. Customers take part in profit levels and turnover by buying the products or services that the business provides. Although there are non-profitable organisations run by the government. Organisations and businesses survive through having regular customers which is customer loyalty. Most customers want cheaper products, for example coca cola is a worldwide company who sell their products everywhere for example large stores such as Tesco and Sainsbury’s. Coca-cola also sells its products to much larger stores such as Costco. This is where small shop owners can purchase big bulks of drinks for cheaper. Then they take them to the shops and sell individually to make profit for themselves. However, customers may not always be there which will mean no money coming into the business.

Diva Momma Gives A Fierce Performance

Beyondg's vocal ability and potential, she proved them wrong to do so, when she performed at the Super bowl half- time show with approximately about 12 minutes of booty-shaking, body grinding, hair-tossing and GIRL POWER! They were definitely wrong to say so, as not a single yawn was let out. No one peeped out a word during it as everyone was completely entranced by Honey Bee's cabinetmaking performance. Everyone at the edge of their seats wondering what song she will sing next.And every single time, she didn't disappoint her fans, not one bit. In fact, she got them even more excited, got them screaming and shouting her lyrics back at her throughout the whole performance. The Stage setting and special effects intertwined in elegance and awe. It was very well organized and clearly was thought through for weeks, even months! The lighting was so effective, while adding flavor to Beyondg's performance and still managed to keep the focus on her!My favorite special effect though was when a guitarist (who rocked everyone's socks off by the way) came out of nowhere and had sparks coming out of it, while Beyond was right beside it wowing off the vast variety of pitches she can belt out. Was captivated. Her outfit was very bold and out of this universe. She wore a cropped black leather motorcycle jacket and a leather bodysuit made with strips of python and iguana, with some lace. It was like a woman's modern warrior outfit.It's already fierce enough as it is, but to put Bye in it? The fierce-meter is about to explode! Honey Bee looked rather smashing and wore it as if to remind everyone in the audience that she is one sexy, sexy woman, because, we didn't know that already. Her song choices were very clever as they were all well-known which allowed the audience to sing/scream along. It included ‘Crazy in Love' ‘End of Time' and 3 songs which she sang with her ex-group members Kelly Rowland and Michelle Williams.They literally came shooting up out of the underg round, and blew everyone away when they performed ‘Single Ladies'. Best surprise in Super-Bowl Half-Time Show history. The choreography was flawless and they showed that ‘Diva' is really a ‘female version of a hustler' if you know what I mean! Although Kelly and Michelle ere on stage with Beyond, Beyond was still everyone's focus. No one can ever steal her spotlight!Singing Halo as her last song was an epic conclusion. She managed to belt the notes effortlessly, proving herself once again, to be the Queen of RAN. The show was the sexiest Super Bowl Half Time show since 2004 when Janet Jackson had a ‘Wardrobe malfunction†. Yikes! From beginning to end, the singer didn't let motherhood get in the way of delivering an energetic performance that killed! And most importantly, she had now silenced her doubters.