Saturday, December 28, 2019

The Issue of Mass Illegal Immigration to the United States

Introduction America is deemed the land of the free and the home of the brave. The very fabric of this great nation was built upon immigrants from the Pilgrims landing on Plymouth Rock to the millions of immigrants landing at Ellis Island. America is known as a melting pot of many different cultures and ethnic groups with roughly 11.7 million illegal immigrants living here. There has been a long standing love/hate relationship with the issue of immigration. It has long been debated as to whether or not we should continue to allow immigrant into our country so freely. Since the 1700’s the U.S. has been working on and has implemented policies try to restrict and govern the immigrants entering this country. Many immigrants come to America looking for a better way of life than what was destined for them in their native lands. Prior to the events of 9/11, for nearly two decades, America welcomed immigrations to our country with open arms. After 9/11, America’s ideals begi n to shift pertaining to immigrants, our nation’s safety, and border patrol. America was left with great fear, post 9/11, and began to implement many changes in our border patrol and immigration laws. â€Å"In response to record numbers of illegal border crossings and the security fears triggered by the 9/11 attacks, over the past two decades the United States has steadily increased its efforts to secure its borders against illegal immigration. The number of U.S. Border Patrol agents has risen from fewer thanShow MoreRelatedMass Legalization For Unauthorized Immigrants1619 Words   |  7 Pagesprovide amnesty for millions of illegal immigrants in today’s society has become a very contentious issue for Americans. While most United States citizens agree that illegal immigrants violate the basic core of fundamental immigration laws, there remains an unprecedented controversy regarding the possibility of granting amnesty to this growing sector of the population. While s ome citizens may argue that a mass legalization of immigrants could spark growth in the United States, others speculate that amnestyRead MoreMedia Reaction to Immigration1471 Words   |  6 PagesMedia Reaction to Immigration Name Course Date Submitted Media Reaction to Immigration: The issue of illegal immigration is one of the hotly debated topics in almost every facet of society, especially among political leaders. This topic has also received huge media attention and reaction in the recent past including an article written by William Finnegan and published by The New Yorker. The article focuses on addressing the issue of borderlines and is based on the move by 17 Congress membersRead MoreImmigration And The United States Essay1368 Words   |  6 Pagescentury, immigration is one of the most controversial and hotly debated topics. Thus, we have an extremely complex immigration process accompanied with extremely complex immigration laws. Consequently, reform to the United States immigration policy is absolutely necessary to continue to help build America into the most diverse nation on the planet. To reform immigration, three topics must be addressed: what to do with illegal immigrants already in the United States, how to stop future illegal immigrationRead MoreEssay about Illegal Immigrants: Amnesty1007 Words   |  5 PagesThe United States is known to have one of the most accepting immigration in the world. It has contributed to the countrys population growth as well as social change. However, the policy remains to be a controversy because of the topic that is illegal immigration. According to the Department of Homeland security in 2010, there are 10.8 million illegal immigrants residing among the 300+ million Americans. Since then, the number has grown to 11+ million people. The U.S. Congress has always sought toRead MoreAnnotated Bibliography on Deportations1389 Words   |  6 PagesDeportations: An Annotated Bibliography Fitz, Marshall. â€Å"The Cost of Mass Deportation.† Center for American Progress. N.p., 19 Mar. 2010. Web. 24 Feb. 2014. In the article The Cost of Mass Deportation, the author talks about the negative impact that deportation can cause this country. The issue of illegal immigration has been an active debate in congress for the last few years. During the presidency of George W. Bush and Barack Obama, the enforcement of deportation has increased. The authorRead MoreEssay about The Issue of Illegal Immigrants from Mexico853 Words   |  4 PagesThe Issue of Illegal Immigrants from Mexico One of the most controversial political issues of today is that of illegal immigrants from Mexico. Illegal immigration into the United States is a problem that should be stopped, as it is unfair to both Americans and to the people of the country from which they illegal immigrated. It is that the majority of illegal aliens residing in the United States are Mexicans. Roy Beck clarifies the situation by stating, The national consensus is that theRead MoreThe United States : The Dream Act Was Introduced By Senators Dick Durbin And Orrin Hatch900 Words   |  4 PagesImmigration has been a part of the United States history since its birth. America is a country that was found and built by immigrants. In the beginning everybody was an immigrant. There were people from all over the globe coming to America with the hope for a better life—which still holds true today. There are countless reasons that people are wanting to come to America today. Some immigrants are fleeing rad ical governments, while others are escaping countries that are torn with civil war. Read MoreIllegal Immigration And The United States1126 Words   |  5 PagesIllegal Immigration Illegal immigration, according to an online dictionary is, â€Å"an alien (non-citizen) who has entered the United States without government permission or stayed beyond the termination date of a visa† (thefreedictionary.com). This issue has been a controversial and divisive topic throughout the world. Illegal immigration is a serious threat to national security. Lack of proper immigration can cause harmful consequences, and while there is much debate over what to do with the manyRead MoreIllegal Immigration and the Destruction of America1329 Words   |  6 PagesAmerica. On the other hand, illegal immigrants tear down a country economically. Illegal immigration to the United States creates a variety of problems that will only grow worse if not addressed by the federal government. Immigration has been the major source for America’s growth.The United States has the most immigrants in the world (Nation of Immigrants). Russia has the second most with only one fourth the number in America (Nation of Immigrants). The United States currently has over 40 millionRead MoreEffects Of Illegal Immigration1658 Words   |  7 PagesIllegal immigration and the effect on the United States of America Illegal immigration In the United States no one wants to spend more than they have to, especially when it does not benefit them directly. So why are we? In 2011 the Federation for American Immigration Reform released a document explaining the fiscal burden of taon the taxpayers â€Å"The annual costs of illegal immigration at the federal, state, and local level is $113 billion; $29 billion at the federal level and $84 billion at the

Friday, December 20, 2019

Should Illegal Immigrants Have Access to Health Care

Each year millions of illegal and undocumented immigrants enter the United States, most from Latin American countries, such as Mexico. Mexico is the largest single source of undocumented aliens in the U.S. and it is estimated that Mexican nationals may amount to 50% of the United States total. Immigrants flee their countries for a variety of reasons, such as, political repression, economic hardship, war, and poverty. Since there has been a spike in immigration, there have been policies implemented in an effort to keep the â€Å"other† out of the U.S. and from receiving public services, with an emphasis on â€Å"dark-skinned† and ethnic minorities. One such policy called the Personal Responsibility Act of 1996 and its amendments restricted federal†¦show more content†¦Opponents of illegal immigrants receiving healthcare services do not believe that illegal immigrants should have access to healthcare when so many Americans are uninsured. Illegal and undocumented immigrants, according to opponents, do not have a right to healthcare because it is a benefit that they do not deserve and that taxpayers cannot afford. Furthermore, illegal immigrants, who seek publicly funded healthcare services in the United States, cause a financial drain not only on the healthcare system but also the national economy. For example, FAIR (Federation for American Immigration) estimates that the cost of reimbursed medical care in California in 2004 was about $1.4 billion and $.85 billion in Texas, with one of the frequent costs to U.S. taxpayers being the delivery of babies to illegal alien mothers. Opponents furthermore have argued that Americans have greater obligations to their fellow citizens than to foreigners. If there is a reasonable possibility that immigration may hurt some U.S. citizens, Americans, are therefore, justified in restricting entry, even though restrictions may violate the human rights of foreigners. It is also a belief that healthcare and other public services are not accessible to many Americans because of the large amounts of illegal immigrants. Swain contends that in many areas of the country, the sheer volume of new immigrants has created enormous drains on educational institutions, hospitals and clinics, jails and prisons,Show MoreRelatedIllegal Immigrants Should Receive Health Care Essay1313 Words   |  6 Pages  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  America needs comprehensive health care reform, and immigrants should be a part of the movement.  Ã‚  But many American citizens might ask that pertinent question: why should they cover the expense for illegal immigrants to access health care?  Ã‚  The answer is plain and simple: until congress passes immigration laws that work, people are going to migrant here illegally.  Ã‚  And to deny migrants access to affordable health care, Americans are not only denying them their human right, they areRead MoreEssay on Healthcare: for all or citizens only?1465 Words   |  6 Pagesto the prices of health care treatment they need. But what if this patient happens to be an illegal immigrant? Should doctors deny him/her because they lack citizenship? Or should illegal immigrants be treated just like any other patients by having a right to health care? Throughout the past decade restrictions on eligibility for taxpayer-subsidized medical care has risen at both the state and national level. Some of these restrictions are based on laws and reform acts that have been produced byRead MoreEssay on Healthcare for Illegal Aliens1680 Words   |  7 Pagesthe prices of health care treatment they need. But what if this patient happens to be an illegal alien? What if the patient has a foreign illness that needs to be cured so it does not spread? Is it morally correct to deny this person treatment because he or she lacks citizenship or a valid visa? Or should illegal aliens be treated just like any other patients by having a right to health care? Throughout the past decade restrictions on eligibility for taxpayer-subsidized medical care has risen atRead MoreIllegal Immigrants, Health Care, And Social Responsibility1430 Words   |  6 Pages209 Illegal Immigrants, Health Care, and Social Responsibility Immigration has been and is one big problem that is widespread these days. Immigration means to move from one country to another for the purpose of one better life, better job, better health etc. The other problem that comes with immigration is the illegal immigration that in these days is growing up so fast. Illegal immigration is a problem that affects all the developed countries like America. An illegal immigrant is definedRead MoreThe Concepts Of Public Health Nursing Essay1745 Words   |  7 Pagespublished by the United States Census Bureau, there are 1.4 million legal and illegal immigrant population residing in the country. The illegal immigrants who come from diverse ethnic groups and are of various age group. One of the problem that the America is facing right now is the problem with children who have crossed illegally into this country. In this paper, the author will define the issue based on the concepts of public health nursing, identify the ethical principle that is re lated to it, describeRead MoreThe Social Issues That Affect All Citizens Of The United1479 Words   |  6 Pageswill impact social issues that affect citizens of the United States of America. For example, the two most important social issues that will impact citizens of the United States of America in 2017 include immigration and health care. Another aspect that affects immigration and health care in the United States of America is the role federal and state government will play. President Trump in his first few months has already created executive orders impacting immigration. â€Å"Executive Order 13769 suspendedRead MoreThe Issue Of Illegal Immigration1519 Words   |  7 PagesNo issue in any immigration policy kindles more dispute than the issue of illegal immigration. Unfortunately, some people confuse legal and illegal immigration. Legal immigrants are here legally. They have the proper, legal documents that allow them to live and work in the U.S. without complications. Ill egal immigrants are defined as anyone who was born in a country other than the U.S. to parents who are not official U.S. citizens; they enter the U.S. without legal documents to prove their legalRead MoreWhat Are The Best Policies The United States Should Implement956 Words   |  4 Pagesbest policies the United States should implement to solve the illegal immigration problem? Immigration is an important implication throughout the United States as a whole. This topic drafts many opinions, both positive and negative. The media uses propaganda to put blame on the immigrants for taking American jobs, or not being allowed to live in our country legally. Others give a more welcoming view to them, that they’re welcome to come to our country and they have a chance to restart their life.Read MoreThe Health Care Act Of Lakeland Regional Health1575 Words   |  7 PagesLakeland Regional Health was number one in America for the most Emergency Room visits March 2015-2016, even so the y re-direct on average 260 uninsured and Medicaid patients a month to their Family Health Clinic for non-emergent care. The Affordable Care Act, though providing insurance benefits to many who could not afford insurance in the past, has not changed the quantity of patients utilizing the emergency room for primary care mostly due to the overwhelming need for more clinics that accept MedicaidRead MoreTaking a Look at Gun Control1226 Words   |  5 Pagesincreasing to our military and keeping us safe, because if we do not insure our safety and security than our efforts to rebuild our economy would have been for nothing. Increasing our education and knowledge will be the first step to saving the economy. We need to prepare our children for success early. So, insuring that the next generations to follow have a working education system, that satisfies everyone person. The system would need to work for the teachers, the parents, and especially the students

Thursday, December 12, 2019

Justin Tresize Essay Example For Students

Justin Tresize Essay 111298Per. 3#13AluminumProperties-Aluminum is the 13 element on the periodic table. It has high malleability and ductility, high electrical conductivity, high thermal conductivity, and high resistance to corrosion. Some useful alloys that are useful are aluminum bronze, alnico, and aluminum alloy, ect. Aluminum is strongly electropositive and extremely reactive. In contact with air, aluminum instantly becomes covered with a rough transparent layer of aluminum oxide. History-A Danish chemist, known as Hans Cristian Oersted, first isolated aluminum in 1825, using a chemical process involving potassium amalgam. Between 1827 and 1845, Friedrich Wohler, a German chemist, improved the process by using metallic potassium. He was the first to measure the specific gravity of aluminum and show itd lightness. In 1854, Henri Sainte-Claire Deville obtained the metal by reducing aluminum chloride, with sodium. Deville displayed pure aluminum at the Paris exposition of 1855. Aluminum the most abundant metallic constituent in the crust of the Earth. It is never found as a non-metal. It occurs most commonly as aluminum silicate or as a silicate of aluminum mixed with other metals such as sodium, potassium, iron, calcium, and magnesium. Charles M. Hall and Paul L. T. Heroult, independently and almost simultaneously found out that alumna, or aluminum oxide, would dissolve in fused cryolite (Na3AlF6) and then could be decomposed electronically into a crude molten m etal. Uses-The given volume of aluminum weighs less than one-third than steel. Its high strength to weight ratio makes it very useful. We use it from foils to cans, to space shuttles. This element is very, very useful and is recyclable. We use aluminum for conductors as well.We use it to weld hardware together because of their great conductability. Since the early 1800s we have seen aluminum as a great metal with countless uses. But we cant make all the aluminum we need, although there is a lot on Earth, we have a certain amount that we can run out of if we dont re-use and recycle.

Wednesday, December 4, 2019

Code Of Ethics For Professional Accountants â€Myassignmenthelp.Com

Question: Discuss About The Code Of Ethics For Professional Accountants? Answer: Introducation In slater and Gordon, the capital marketing expectation was met by using a different revenue recognition strategy that they had developed overtime. The use of work in progress will influence revenue recognition principles of the company. (Easton et al., n.d.) The financial situation of the companies, at least that of a good part of those that are registered in the Stock Exchange of Australia , continues being positive and contrasts, in the majority of the cases, with the behavior that they are registering their actions in the last year. The explanation for this dilemma, agreed analysts agree, is that the market has overreacted to the current external and internal situation, and that although aspects such as devaluation of the dollar, falling service prices, weak economic growth and reform tributary are passing bill on several companies of the country, the figures of their balance sheets are still in positive territory(Gibson, 2013). Slater and Gordon share price fell so badly by 50% in late 2015 There is real stability in that market If this is the case, the exchange rate swings will continue, also helped by international uncertainty: weakness of the economy, normalization of monetary policy in the Country States, lower flows of foreign capital and outflow of resources from the country. The main indicator of the Stock Exchange (ASX) and which reflects the behavior of the 20 services with the largest market capitalization shows a drop of 19.77 percent in these nine months of 2015(Robinson et al., n.d.). Undoubtedly, not all companies devaluation, the fall in the price of a company and the slowdown of the economy hits them equally. As the analysts themselves say, there are actions and sectors more defensive and resilient than others, which allows them to be in the middle of the 'downpour' without 'getting wet' so much. Phenomena such as devaluation, which already marks 28 percent so far in 2015, impact companies via costs (debts and imports), but favor others because a large p art of their income comes from abroad (sales and profit from subsidiaries). How revenue is recognized under IAS 18, revenue and the new accounting standards There is no deadline. The issuance of Financial Reporting Standard (NIF) D-1, Income from contracts with customers, by the Australian Council of Financial Information Standards foreseen in October 2015 its adoption as of January 1, 2018 and now not only are missing a few months, but its implementation requires very important changes that must be implemented since 2017 and in some cases undoubtedly underestimated (Savage et al., 2013) The NIF D-1 represents a very relevant change in Australian accounting standards, which lacked a proper guide to revenue recognition. In the absence of the specific standard, International Accounting Standard (IAS) 18 was applied, which was somewhat vague in nature and allowed a wide variety of accounting practices, often inconsistent among entities within the same industry. Along with this diversity, factors such as improved comparability and transparency led to the replacement of IAS 18 itself and the other international income recognition standards un der IFRS 15, Revenue from ordinary activities from contracts with customers, issued in 2014 and also effective from 2018(Bhimani, 2006). The basic principle that MFRS D-1 proposes is to recognize the revenue from services and services transferred to customers in exchange for the consideration to which an entity expects to be entitled to exchange such services and services. As simple and logical as all this can sound, it does have extremely complex implications. It should begin by saying that issuing an invoice or sales ticket does not necessarily mean that an entity has the right to recognize an income in the income statement. And that is the accounting practice of many companies in Australia today. Accounting treatment for revenue recognition in work in progress accounting Simple to evaluate the work in progress is that the employer writes on each invoice (and any other expense) to which work corresponds. So, while the work is not finished, all those expenses are work in progress and when it is completed and invoice leaves to form part of the stock account. I do not know if you can think of another way to value that work in progress that can The works in progress, pending to be invoiced, are valued in the same way as they are. the invoices. And of course, it should be done by those who normally execute them and invoice them (Savage et al., 2013Therefore, it is a data that must be contributed by whoever is carrying out the execution of the works. The invoices that come to the accountant, with information by work, is something else. It is executed and invoiced. It only serves the analytical accounting of executed and billed works, work by job, and if you receive this information properly. So, what is the problem really in this case. Analytical accountabi lity in the face of billing, or valuation of inventory pending invoice for executed work a) - If it is the first, the company must inform in the invoices to which it corresponds. b) - If it is the second, an information must also be given to the accountant, for part of the company, of the work executed and pending invoicing. Work by work, that is to say, fudge by fudge. Logically, if due to the importance of it, it is worthwhile to carry out this registration. Since the subsequent adjustments would have to be carried out with respect to the invoices that were being received, since a part or all, would already be counted as inventories with the corresponding registration as income. I repeat, is it worth it to works of little relevance (usually chaps, as reported) and by a builder of Slater and Gordon. It is two different issues that are being contemplated in this case. Let it be defined who counts what it really wants to accomplish. Work by job, or customer by customer, that would be the real problem. And the measurement, therefore, corresponds to the company. And not only at the end of the year (as possibly would be this case), if not, month by month. And finally, in cases of builders or businesses, the most usual, if any, is to limit themselves to the value of the existences as services (materials other than works), collected and not executed, forgetting us of the executed work pending invoicing. Why does one want to lend this value? It requires unnecessary regular adjustment adjustments that do not take it anywhere. You can do that, which certainly is, but this operation is aimed at other types of companies where it is worthwhile. They are jobs, because I do not break down (Savage et al., 2013).I only have repairs. Where do we want to go? It is not worth even placing normal services (only materials), assuming that a customer of this type, still had them at the end of the year. Come man, it is "shabby loans" that are buying as the executions, And services as a work executed pending billing, better not talk about it . It is better that we forget the subject. if not, to point it to the constructor (borrow), to see what he thinks(M, 2016). Review OF the annual financial reports of Slater and Gordon The net profit in 2014 as shown in the consolidated statement of profit or loss and other income was $68.208 million. This is profit after tax including the work in progress in two years of revenue accounting. In 2015, the statement of consolidated statement of profit or loss increases to $ 83.804 million after tax. In 2016, there was a significant drop in revenue for Slater and Gordon and is recorded as $ 49.4 million for the year ending 2016. This is due to changes in revenue recognition principles and can be explained as; Current IFRSs leave more scope for professional judgment and to some extent can be said to be more flexible when designing and implementing revenue recognition policies and practices. IFRS 15 is much more restrictive and contains more specific rules and examples than IAS 18, IAS 11 or its Interpretations, so that the application of the new requirements may lead to significant changes in the income profile and, in in some cases, in the recognition of associated costs. In addition to the major impacts of changes in the conceptual model, it should not be ruled out that entities may be affected in more detailed matters, since they are now reflected in the standard transactions and practices that previously had no guidance nor comments (Savage et al., 2013).Among the multiple impacts expected by some companies, it will have to estimate variable balances, allocate revenues under different rules and recognize those revenues on a transfer basis of control, which could be different from the current recording time. However, impacts will go beyond operations, as different companies may face the need to implement new systems, processes and controls and even how to do business. The new standard requires processes that identify the components of each transaction, as well as controls to ensure its proper registration. Such controls may require changes in the company's systems and therefore for IMEF it is important to disseminate the new standard and emphasize that companies should evaluate their effects, new needs for controls and systems and whether these changes may or may not be implemented before to start 2018 (Savage et al., 2013). One more worrying aspect is that the accounting standard requires companies to use one of two forms of financial information transition: The first option is the full retrospective method, which requires that the effect of the accounting change be disclosed in the 2017 financial statements, while in the limited retrospective method, the effec t of the change is in the financial statements for 2018. In the first case, all such changes in the methodology of registration, identification of the components of the transaction, systems, etc., should already exist and be operational from 2017. As can be seen, the implications that this new normativity entails are diverse and therefore it is transcendental to know the detail of it. At we will continue analyzing the subject and contributing to the subject (Savage et al., 2013) IFRS 15 establishes the new revenue recognition model derived from client contracts. This standard presents all applicable requirements in an integrated manner and will replace current income recognition standards, IAS 18 Income from ordinary activities and IAS 11 contracts, as well as other IFRIC related interpretations. IFRS 15- Revenue Adoption The complexity of the application of IFRS 15 and the data required for the new breakdowns, which are very detailed, may require the creation of new systems and processes, or the modification of existing ones. The impact of IFRS 15 will not therefore be restricted to a mere accounting question and presentation of financial information. The magnitude of the changes can be large in many cases.In this scenario, it must be borne in mind that it is necessary to prepare the market and train and inform analysts about the impact of the new Standard, and that it will have to consider other impacts in a broader sense, such as changes in key indicators the company's performance and other key metrics, impact on loan covenants, impact on employee compensation plans and the likelihood of compliance, impact on the payment of taxes, etc. Long-Range Implications Recognition, measurement and disclosure of revenues will be affected by the new standard. The changes impact all companies that sign contracts with their customers to offer products or services, and apply to revenue earned from all contracts with customers, regardless of the transaction or industry. Entities will need to reevaluate their sources of income to understand the magnitude of the changes (EY,2015) Recognition principle and five-step model The new framework, which focuses on contract performance obligations and the assignment of a price to those obligations, introduces a completely new five step approach to revenue recognition: This new methodology can lead to changes at the time of recognition of income. Companies will need to use professional judgment when determining the terms of the contract, including the implicit terms of the contract. It will be necessary to disclose more information in the financial statements, the notes should include qualitative and quantitative in formation on the company's contracts(EY,2015). More than a mere accounting change Revenue is embedded in most business day-to-day business processes, so a change in revenue recognition methodology has wide-ranging impacts. This is not a mere accounting change. This is a compliance problem with potentially significant business consequences; including price transparency, impact on financial statements, key performance indicators, taxes, etc. The complexity of the implementation of IFRS 15 will depend on several factors. In particular, the existence of varied, complex and long-term contracts with clients is likely to require the management of software to facilitate the necessary change in the time required (EY, 2015) Adoption of Revenue Standard- IFRS 15 Explain The fundamental principle of the model is the fulfillment of the obligations of performance before the clients. IFRS 15 structures this fundamental principle through 5 steps that are developed in a very extensive and detailed way in the standard and its Illustrative Examples. In this publication you will find a description of the most relevant aspects of the standard, and some practical comments. Before starting your reading, and to frame the context of the new model, reflections on its key impacts, which can be grouped into two broad categories: Those related to changes in the temporary imputation of income over time, which can generate substantial changes in the system of recognition of income(Savage et al., 2013. Current IFRSs leave more scope for professional judgment and to some extent can be said to be more flexible when designing and implementing revenue recognition policies and practices. IFRS 15 is much more restrictive and contains more specific rules and examples than IAS 18, IAS 11 or its Interpretations, so that the application of the new requirements may lead to significant changes in the income profile and, in in some cases, in the recognition of associated costs. In addition to the major impacts of changes in the conceptual model, it should not be ruled out that entities may be affected in more detailed matters, since they are now reflected in the standard transactions and practices that previously had no guidance nor comments. As a consequence of this greater regulation regarding the recognition of income, IFRS 15 accumulates, in some of its parts, a great academic and doctrinal content, reason why its reading and understanding can become complex APES 110 Professional Code of conduct in accounting In ethical work for accounting, professionalism should be kept and maintained as it is required under APES 110. Manipulation of accounts to suit a company is punishable under the accounting professionalism act. For slater and Gordon, the company, revenue recognition in work in progress accounting is not bad but revenue is recognized before it is earned which is wrong in accounting principles(Savage et al., 2013). The comparison of the payments resulting from the agreement offered by the debtor with the estimated dividend of a bankruptcy, considering for this the corresponding times and the estimation of the hypothetical process of good accounting. The ethical code of conduct in professional accountants is such that they try to reduce fraud and unethical behaviours that may cloud the accounting department. Mostly, code of ethics are used to ensure that people do not defraud a company and as it is they are allowed to use the principles in accounting to set out the best possible way in having good ethical values. The comparison of the payments resulting from the agreement offered by the debtor with the estimated dividend of a bankruptcy, considering for this the corresponding times and the estimation of the hypothetical process of good financial accounting.The new framework, which focuses on contract performance obligations and the assignment of a price to those obligations should also have ethical standards.However, impacts will go beyond accounting, as different companies may face the need to implement new systems, processes and controls and even how to do business. References APES 110 Code of Ethics for Professional management, available at Savage, A., Douglas, C., and Barra, R. (2013). Accounting for the Public Interest: A Revenue Recognition Dilemma. Issues in Accounting Education, Vol. 28, No. 3, pp. 691-703. (2015).The new revenue standard affects more than just revenue, available at Fyfe, M. (2016). The Undoing of Slater and Gordon, the Age, 24 June IAS 18 Revenue and IFRS 15, both are available at www.ifrs.org (alternatively, AASB118 Revenue and AASB 15 Revenue from contracts with customers, available for download atwww.aasb.gov.au) Slater and Gordon annual reports, available at operations . https://www.apesb.org.au/uploads/standards/apesb_standards/standard1.pdf https://www.ey.com https://www.slatergordon.com.au/investors/reports-and-presentations IASB Framework, available at www.ifrs.or