Fonterra Ltd, a diary company in New Zealand Assignment

Fonterra Ltd, a diary company in New Zealand - Assignment Example The number of employees working for Fonterra is around 16800. The strategies adopted by the company are to make business in the emerging economies like China, Latin America and ASEAN; thus creating a strong presence. Optimizing the business of milk in New Zealand, protect the exports of milk exports in New Zealand by building integrated offshore milk pools, so that the higher value returns gets back to the country; focusing on creating quality product for its customers with special concern for mother and babies (Fonterra Ltd., 2011, pp.2-20). Computer fraud and abuse Accounting information system is a process by which the accounting of the company is done based on the Generally Accepted Accounting Principles (GAAP) by the use of the modern information technology. The Accounting Information System (AIS) of a company is composed of six main elements of the company, namely, people who will operate the system, procedure and instructions based on which the data is retrieved from different sources of the company, the related data which is very essential for the organization’s business practices, the required infrastructure for the information technology of the company so as to smoothly operate the system comprising of both the software and the hardware and lastly the internal controls so as to adopt security measures which will prevent the leakage of the sensitive data. Thus Fonterra can be exposed to the risk of fraud and abuse related to the theft of equipment, inventory or cash of the company. Even the fraud and abuse in the accounting information system of the company may result in false invoicing; payroll fraud arising out of the accounts made for directing the salary to a non-existing employee of the company; e-commerce frauds which have become very common now a days; for high level of outsourcing forgeries takes place on the ground of assets of the company being used for personal uses. If the employee of the company is not loyal then the risk of fraud a nd abuse of the company on the ground of accounting information system may lead to the disclosure of information and the intellectual property of Fonterra. Generally the fraud of a company usually occurs on the ground of poor internal control of the company. Thus Fonterra must take precautionary measures to tighten the internal control system of the company. If the items of the company is highly desirable the chances of forgery increases leading to fraud and abuse. Other reasons behind the occurrence of fraud and abuse of the company may arise from insufficient preventive measures and detection strategies having loop holes. The company should also know how to deal with the detection of the fraud; for example if a person is convicted of committing forgery in the company, just looking at the reputation of the company the concerned person is asked to resign. But in a situation like this civil or criminal action should be taken against the fraudster. Thus the fraud and abuse of the comp any generally arises from lack of strong internal control of the company. Since the AIS department is the heart and soul of the company, on the basis of which the company is able to carry out its operations. So, the personnel being appointed in the department of AIS should go through extensive interview process in order to appoint the most appropriate person for the concerned department. Fraud and abuse are ought to happen with the increase

Palliative care for Enduring Conditions Essay Example | Topics and Well Written Essays - 3500 words

Palliative care for Enduring Conditions - Essay Example The philosophy of palliative care is firmly rooted on improving or maintaining the quality of life to the very end. It is concerned with making the last few days of the patient’s life as comfortable as possible. The World Health Organization points out that palliative care is â€Å"the active total care of patients whose disease is not responsive to curative treatment†. It mostly involves the control of pain and other symptoms (psychological, social, and spiritual problems) often associated with terminally ill patients. The philosophy of palliative care in the current specialised setting is about paying equal focus on the physiological as well and the psychological issues of a terminally ill patient. Palliative care is rooted in the hospice movement, mainly on the care of the dying cancer patient. According to the World Health Organization, it is based on the principles of affirming life, viewing dying as a normal process. It neither hastens nor postpones death; it provides relief from pain and other symptoms; it integrates the psychological and spiritual aspects of patient care; and it offers a support system for the patient and his family until the patient’s death.