Napoleons defeat by his enemies Essay - 2200 Words

Battle Tactics of Napoleon and His Enemies (Essay Sample) Content: REASONS FOR NAPOLEON DEFEAT BY HIS ENEMIESStudents NameInstitutionInstructorCourseDateBattle Tactics of Napoleon and His EnemiesThe Napoleonic tactics were used to describe the strategies that were used in the battlefield in the national armies in late 18th century. The Napoleonic tactics were characterized by speedy movement in the battlefield, cavalry, artillery, combine assault by arms and intense drilling by the soldiers. In addition, they also used a small number of cannons, bayonet charges and short-range muskets. Some of the historians remember Napoleon as the master in a particular type of warfare. The Napoleonic tactics continue to be used even after they were technologically impractical resulting to large-scale deaths in the Austro-Prussian war, Franco-Prussian war and American civil war.Napoleon started the war because he wanted to take over and rule Britain and other nations. Other countries were reluctant to fight him because of his military power and cap acity. Other countries allied with Napoleon because they wanted to be on his side for support in case war erupted. He finally lost in the war because of the policies that negatively affected other nations, and the cooperation of nations against Napoleon.Most of the Napoleonic battles took place on villages, streams, roads, and farm fields. The French forces regarded mountains, cities, heavy woods, and swamps as unfit areas for combat. The Generals such as Duke of Wellington in the battle of Waterloo sought a terrain that was suitable for his forces. As a result, the infantry regiments used three basic formations for battles. They were line formation, square formation and column formation. The column formation was long and narrow form hence it suited the soldiers moving towards the enemy in an open field and marching down the road. Since the column formation was large, its target was cannon and muskets and the regiment could change the formation when the enemy came closer. It resulte d to defeat of Napoleon army in the battlefield.The line formation was made of three or two line of solid infantry. It assisted in presenting many muskets and allowed the unit to have control of a wide portion in the battlefield then the column formation hence maximizing the units firepower. The long lines were difficult to maintain since they had to be maintained over long distances, disruptions such as ditches, tress and fences. As a result, the line formation became a prey for the cavalry charges because they would use their horses to cover the last 46 m while receiving a single volley from infantry.The infantry square used a rectangular shape or depths of 4-6 ranks with square shape to defend the infantry from the cavalry charges. In addition, its goal was not to present the sides or rear of the soldiers to the cavalry. The soldiers had a difficult time moving in square and the square model proved it was much slow compared to the column formation. In addition, the square model w as prone to cannon and musket fire since when the enemy was in proximate than cavalry, the soldiers would change to square formation.Light infantry was composed of men shorter than 5ft 6 inches because they would precede the regiment as they approached the unit of the enemy. They had the duty of harassing the enemy with musket fire and forced the enemy to withdraw. They fought as skirmishers using the advantage of the space between the soldiers to move forward while reloading and firing at the enemy. The cavalry units in the battlefield required logical support from the horses as they consumed forage and tired when galloping. The horses were ill suited for the terrain and the troopers had trained to fight riding them. As a result, some of the dragoon units had to fight on horseback and foot. The units of cavalry were vulnerable to fire from artillery since the horses in the battlefield were large targets. When the cavalry units charged artillery, many would suffer as casualties hen ce few inflicted the artillery. The crew from artillery would fire at the horsemen and retreat to a safe area in the infantry of the unit square. As a result, the cavalry brought headless nails and spiked the guns through hammering the nails to touchholes of the cannons. In addition, it rendered them to be useless in the battlefield. Archduke Charles and the Austrian Army Archduke Charles is the third son to emperor Leopold II and was husband to Infanta Luisa Maria of Spain. In addition, Archduke Charles was brother to Francis II, who was the Holy Roman Emperor. Charles was an epileptic but despite this he had achieved respect as a reformer in the Austrian army and commander. Archduke Charles was considered as a formidable opponent of Napoleon. In 1797, Archduke Charles had been sent to arrest a victorious march in Italy of General Bonaparte. In addition, he conducted a retreat of over-matched Austrians with their highest skills. During 1799 campaigns, Archduke Charles was opposed by Jourdan and ended defeating him in battles of Stockach and Ostrach. Archduke Charless ill health made him retire in Bohemia. On the contrary, he was called back to undertake a task and check on the advancement of Moreau in Vienna. As a result of Hohenlindens battle, it foredoomed an attempt by Charles to make armistice of Steyr. He was popular as Perpetual Diet of Regensburg but he denied erecting a sculpture for his honor as the savior of the country. The Francis II named was named Archduke Charles since he was the field marshal, Head of Council war and Commander in chief of Austrian army. He was supported by the prestige of being the only person who had the capability of defeating the French army. As a result, he formed a scheme of reform that replaced obsolete methods in 18th century. The main characteristic of new order was the adoption of a nation in arms belief and adoption of the French war tactics and organization. In addition, the army reforms were not completed in 180 9 where Charles was the commander in chief. Britain and NapoleonRussia and the Defeat of Napoleon Napoleon led his army to Russia in June 1812. The army was made up of soldiers from several nations that were under his control. Napoleon had expected a small war that would punish Czar Alexander I for misbehaving when leaving Continental System. As a result, Napoleon had taken 600,000 men to invade Russia. He had decided to confront Russia army in major battle, the battles he usually won. Czar Alexander I knew that he had devised a better strategy and did not face the Napoleon army head on. They kept retreating each time the Napoleons army kept attacking. Napoleon was enraged but kept attacking the Russia army until he was deep in Russia. As a result, the campaign did took time than Napoleon had expected. He did not have enough supplies even for the short campaign that he had planned. He had expected that his army would live in the land they had conquered as the usual experience. The Russian were desperate and adopted the scorch-earth policy when they were retreating. They used fire to destroy the places that they left behind during their retreat. As a result, the Napoleon army had a difficult time to look for the supplies and the army continued to be weaker during the march. Napoleon army had only had a major conflict to Russia in the Battle of Borodino. When Napoleon entered Russia, they had abandoned the city because it was in ruins and was on fire. The Russian army had used the scorch-earth tactics to weaken the Napoleons army. Since the harsh winter was setting in, Napoleon decided to retrace their path back to France. The roughly 600, 000 troops were subjected to cruel weather and were under fed resulting to less than 100, 000 troops surviving. The grand army of Napoleon had been destroyed and the Russia troops now flooded central Europe. The Russian army had Austria and Prussia as their allies in the battle against Napoleons army. In 1813, Duke of Wellin gton had crossed Pyrenees between France and Spain hence threatening to invade France. When Napoleon had realized the importance of the situation, he left his army in Russian as he done in Egypt and went to France. He then raised an army of 300, 000 strong men to complete his mission in Russia. By now, Napoleon had lost most of Europe and during the Battle of Leipzig, nearly all the nations of Europe went to war with France. Some places refer to the war as the Battle of the nations. The new Napoleon army was crushed and Prussia, Russia, Great Britain, and Austria agreed to come together unified until Napoleon was crushed. The four nations came together and said they were not fighting against France but rather Napoleon.The British defeated Napoleon in two phases during the wars of post revolutionary France. In the first phase, French troops were denied access to British Isles. In the second phase, Napoleon had chosen to fight the British indirectly through the adoption of economic b lockade. However, it backfired because the Berlin Decrees codified his strategy for the whole strategy such that all countries in the world were against Napoleon. His strategy to edge out Britain had the entire word fighting against him. The challenge that Britain faced was regaining control from France because most states in the continent were Frenchs allies. To survive economically, Britain had to take charge from France.British had a rough time because it was the only European country not under the French Alliance. However, Britain was not under any invasion and did not face the danger of being demoralized the same way Frenchs enemies had been demoralized. The challenge worsened after the twin disasters of Jenna-Auerstadt and Freidland, causing Russia and Prussia to give up on the battle; there were both British allies. Prussia joined Napoleons...

Analysis of Martin Luther King Jr. Warrior for Peace by...

FIRST MARKING PERIOD It was during the summer of 1928, when a black man named Joshua stopped for a little bit of gas. He was going to visit a friend to Florida during his vacations, and he was driving all the way from New York. Back then the black people were not allow to any white people place. By that time, racism was very powerful and the white people were the most stronger people in the communities, however, it was only in some states of the United States Of America. In others the racism did not existed, for example according to the book â€Å"Martin Luther King Jr. Warrior For Peace†by â€Å"Tanya Savory† in one of the states that there was no racism was Connecticut. During the winter of 1928, in Montgomery, Alabama, a black†¦show more content†¦Emmett was dragged from his bed, thrown into the back of a truck, and driven to the Tallahatchie River. Emmett was tied around his neck with barbed wire, he was beaten with clubs, kicked, and shot in the head righ t before he was thrown into the deep river. Three days later they found Emmett’s body unrecognizable; his nose was flattened, his tongue was cut out, and one of his eyeballs hung halfway down his face. One evening of the fall in 1958, while Martin Luther King Jr. had been autographing his first book â€Å"Stride Toward Freedom† the book was about the Montgomery bus boycott, a black woman named Izola Curry, pulled out a sharp letter opener and plunged into King’s chest. Dr. King was immediately taken to Harlem Hospital.The woman who stabbed Dr. King had mental problems and she wasn’t capable to understand her actions. The Kings moved to a apartment on the third floor in Chicago. It was just a temporary home for them. Martin Luther King Jr. saw that they were taking advantage of the black population in Chicago also so he created a new movement named â€Å"Chicago Freedom Movement†. The black population in Chicago had more faith in their mayor, Richar d Daley, than King. King, before he followed his family back home, presented a agreement to Mayor Daley. Agreement which the mayor signed before King left and agreement which he also filed away and never made any changes. King spend most

Argumentative Essay On Medical Marijuana - 1167 Words

When people hear the word marijuana, they often think of a gateway drug. Marijuana has been one of the top misunderstood â€Å"drug† there have been and will probably remain on being a misunderstood â€Å"drug†. Should marijuana be legalized? This has been a controversial question for a long time now. Marijuana should be legalized. Not only is marijuana beneficial to many people but it can even have an impact in our future. Marijuana should be legalized because it can help bring more money to the country, it is beneficial in the medical industry, and it is safer to use than other legal drugs. One rational motive Marijuana should be legalized is that it has many medicinal purposes. â€Å"Today, doctors prescribe medicinal cannabis as a treatment for†¦show more content†¦If marijuana was to get legalized it would be taxed, and help our economy strongly. Not only that, but it will help with the United States Debt. Colorado and Washington have made millions just by taxing marijuana, and their economy has greatly increased â€Å"Colorado and Washington have each seen hundreds of millions in additional tax revenue, and those numbers are not likely to go away any time soon†(â€Å"The Huffington Post†). Since marijuana is illegal, many people that use this drug not only risk themselves going to get marijuana because they could go to jail if they get caught with it but also are increasing the money of the growers more. In that case, it is dangerous for the user because they can go to jail, get shot, or even die since many growers tend to lace their marijuan a. Lacing the marijuana refers to adding chemicals to it that are highly toxic, which can lead to death for the consumers. Would people rather go through the whole process of risking themselves just to get marijuana and possibly end up dead, or would they rather just go to their nearest local store and go back home knowing that they have one hundred percent pure THC with no chemicals added? Users would prefer just going to a store and being able to purchase marijuana without meeting up with a dealer and possibly end up in jail facing time just for wanting to smoke. As a matter of fact, smoking isn’t harming anything or anyoneShow MoreRelatedArgumentative Essay On Medical Marijuana1128 Words   |  5 PagesDespite medical marijuana laws in 44 states, marijuana is still considered illegal under federal law. In the state of Wyoming any person found using or under the influences of marijuana is subject to a misdemeanor punishable by a maximum of 6 months imprisonment and a maximum fine of $750, or both. Federal marijuana laws are very serious, and the punishment for people found guilty is frequently very harsh. Federal law still considers marijuana very dangerous illegal a drug with no relationRead MoreMedical Marijuana Argumentative Essay891 Words   |  4 Pageschemicals in medical marijuana. Marijuana, when used medically, can reduce anxiety, depression, and nausea, as well as many other uses. It helps strengthen the economy. Addiction is a huge worry, but marijuana used to get people off of crack and meth, so how addictive can it really be? With medical marijuana, the skys the limit. Medical marijuana has tons of potential in the world of meds, it can get tons of money through taxes, and isn’t as addictive as people believe. Medically, marijuana has tonsRead MoreArgumentative Essay On Medical Marijuana753 Words   |  4 Pages In the United States, marijuana legalization is a highly debated topic. Marijuana has many benefits to the body and the community. It can be used medicinally or recreationally and serves a number of purposes. Marijuana has been proven to treat a number of diseases and conditions, causes a decline in deaths due to overdose from opioid pains, and serves a plethora of additional benefits. I strongly feel that sooner rather than later, marijuana should be federally legalized so that citizens can haveRead MoreArgumentative Essay On Medical Marijuana1990 Words   |  8 PagesLegalizing marijuana is one of the most controversial topics throughout the United States. The debate revolves around a multitude of ideas, beliefs, and facts associated with marijuana. Whether or not it will become legalized in every state stays a mystery, but as of right now eight states and the District of Colum bia have passed laws allowing for the personal possession and consumption of marijuana for adults. There are also twenty-nine states in addition to the District of Columbia that have aRead MoreArgumentative Essay On Medical Marijuana1301 Words   |  6 PagesMadison Summers Medical Marijuana   Ã‚  Ã‚   According to a survey by pubmed.gov, â€Å"92 percent said that medical marijuana alleviated symptoms of their serious medical conditions, including chronic pain, arthritis, migraine, and cancer.† 86 percent of the United States believe that Cannabis has valid medical uses, says statista.com. Definitions.com states that, â€Å"medical marijuana refers to the use of cannabis or marijuana, including constituents of cannabis, THC and other cannabinoids, as a physician-recommendedRead MoreMedical Marijuana Argumentative Essay2136 Words   |  9 PagesMedical Marijuana Marijuana has been used around the world for thousands of years to treat a wide variety of ailments. Chinese emperor Shen Nung was the first to record marijuana as a medical drug in 2737 B.C. He documented the drug’s effectiveness in treating the pains associated with rheumatism and gout. The legalization of medical marijuana has long been debated within American society and Government. Marijuana was a legal source for medicines in the U.S. until the Marijuana Tax Act of 1937Read Morethree arguments Essay741 Words   |  3 Pagescritical argument analysis essay, focuses on three professional essays and how these authors construct their arguments using opinion and evidence. There are many different ways in which authors can construct their arguments. In the highly controversial topic of legalizing marijuana I found three very different styles of arguments in which the authors backed up their opinions with facts. In my reading of these arguments each writer had there own style. The first essay by Stephen B. Duke, CannabisRead MoreWhy Marijuana Should Be Legal960 Words   |  4 PagesA college student walking down the street on a pitch black night, has a brief encounter with a cop while smoking a joint for his post-traumatic stress disorder, and unfortunately gets arrested, even though marijuana seems to be his only temporary cure. I believe marijuana has many medical benefits, and certain people need it to live a normal, productive life. Opponents of legalizing it have argued that doing so would do more harm than good, however they turn a blind eye to scientific studies provingRead MoreArgumentive Essay1121 Words   |  5 Pagesï » ¿ Argumentative Essay Legalization of Marijuana Ashley Bassett Eng. 1301 Instructor: Pam Hesser pg.1 The recreational use of Marijuana should be legalized. According to the New York Times The social costs of the marijuana laws are vast. There were 658,000 arrests for marijuana possession in 2012, according to F.B.I. Figures compared with 256,000 for cocaine, heroin and their derivatives. Even worse, the result is racist, falling disproportionately on youngRead MoreArgumentative Essay : The Legalization Of Marijuana1293 Words   |  6 PagesArgumentative Essay: The Legalization of Marijuana in the United States Should we legalize marijuana? That is an excellent question. First, we must explore the history of Cannabis. Cannabis was introduced to the United States in the 1600’s, first encouraged by the federal government for domestic hemp production, cannabis soon became a required crop for farmers to grow. Hemp was recognized for its medical benefits and was the main fiber used in industrial textiles. Marijuana thrived until the early

Analysis Of Persepolis And The Sub Themes - 1399 Words

The personal nature of the story from the perspective of Marjane is one of the overarching themes within the book Persepolis, and the sub themes that will be displayed are revolution, imperialism, nationalism, religion, and social class. These themes can be related back to the main theme because of how they share traits between the book and the image themselves. The image shows Tehran, Iran after the election of Mahmoud Ahmadinejad, which was very controversial (AFP/GETTY, Online). Many people thought that the election was rigged in Mahmoud ´s favor. Mahmoud won the election with 62.6% of votes, while his opponent, Mir-Hossein Mousavi, only got 33.7% of the votes. Mahmoud  ¨...claimed he had been the victim of fraud and manipulation†¦show more content†¦Both groups of people are demonstrating nationalism for their country, both being from Iran. This ties back to the personal nature of the story from Marjane’s point of view because of the love for one’s coun try that’s displayed by Marjane and the Iranian people in the picture. They both love Iran and it definitely has a place in their hearts. This image shows Uncle Sam pole vaulting from a rock outcrop shaped like the country that’s labelled ( Red Phoenix, Online). Uncle Sam has a bag slung over his shoulder with the word democracy with a bunch of bombs inside the bag. He’s pole vaulting from Libya to Syria with Iran next in line, slightly higher up than the previous two countries. This relates to Persepolis because on page 11, on the page is a picture is of imperialism throughout history. â€Å" â€Å"2500 years of tyranny and submission† as my father said† (Satrapi, page 11). The picture shows the Persian kings, the Arabs, the Mongols, and western imperialism. This picture shows America imperializing one Middle Eastern country after another with the premise of democracy, even though it involves a ton of violence. The U.S. wants Iranian oil and to s top their nuclear program, taking away and restricting their nukes. The Iranians are powerless against the U.S. because of how much more powerful they are. This

The Effects Of Fracking On The Uk Essay - 1855 Words

Introduction: In recent years, fracking changed the world. Suddenly an incredible amount of newly exploitable oil and gas became available. It led to an American boom in the oil industry but it also raised many environmental problems. In this abstract the fracking effect on ground and surface waters will be discussed in the light of U.S cases; and potential effect of fracking on the UK in the future. There two types of water pollution depending on their source, direct and indirect. Direct sources include pollutant which is emitted from the localized anthropogenic source, for example spillage from factories or waste water treatment plants. Indirect sources of water pollution from precipitation. Indirect pollution is difficult to evaluate due to its complexity, therefore in this abstract the focus will be on direct pollution of fracking. The subject of this abstract is the evaluation of different aspects of fracking; water withdrawal, chemical mixing, well injection, produced waters and wastewater in terms of their effect on surface and groundwaters. Water withdrawal In the process of extracting shale gases, in the stages of drilling and fracturing a large volume of water is required. A study Marcellus Shale, and Barnett shale in the U.S was aimed to see how water withdrawal during fracking can affect drinking water quantities. Even though In the U.S hydraulic fracturing uses billions of gallons of water every year, it is less than 1% of the total water consumption, soShow MoreRelatedWhy Fracking Should Be Allowed1481 Words   |  6 Pagesstrongest arguments in favour of fracking is the reduction in CO2 that would occur with increased fracking. As of 2013, coal provided approximately 40% of the world’s electricity needs and provides 29% of the total world energy supply with oil being the largest at 31%. Coal-fired power plants are responsible for over 83% of the CO2 pollution since 1990, and have the highest ratio of CO2 output per unit of electricity out of all the fossil fuels. These emissions cause effects worldwide; acid rain, air p ollutionRead MoreA Comparison of Life in Four Contrasting Countries: The USA, the UK, China and Bangladesh1652 Words   |  7 PagesContrasting Countries: The USA, the UK, China and Bangladesh By Bertie Ellison-Wright The Natural Environment The USA, the UK, China and Bangladesh all have extremely varied environments, in terms of location, size, landforms, geology, natural resources, rivers, coasts, weather and climate, and pollution. However, there are also plenty of similarities between the countries. Location Size The USA is located in North America, between the Atlantic and Pacific Oceans, the UK in north-west Europe, and ChinaRead MoreShould Fracking Be Used For Money For Traditional Sources Of Fossil Fuels?1993 Words   |  8 PagesThis house believes that fracking should be used to compensate for traditional sources of fossil fuels in the UK in the next 40 years. I am arguing against this motion from a social and environmental angle. Introduction: In order to comply with the goal to cut traditional fossil fuel consumption by 2050, the UK needs to turn to alternative types of energy. Fracking is a method of extracting shale gas from deep within the earth’s surface, by injecting large quantities of water at very high pressuresRead MoreFracking Affect The Community On A Local Level1434 Words   |  6 Pagesstove, and the electrical power that flow through homes share a common attribute: they are fueled by natural gas or oil, both of which are fundamental sources of energy in the US and are mined through the process of fracking. B.Hydraulic fracturing, more commonly known as fracking, is a method of oil and natural gas extraction used to release natural gas that can be converted into energy. A mixture of water, sand, and chemicals is injected into shale formations thousands of feet below the surfaceRead MoreThe Need, Risks And Impacts1396 Words   |  6 PagesFRACKING-â€Å"The Need, Risks and Impacts† Hydraulic Fracking, which is the extraction of natural gas which was earlier protected, has become a major problem today. It is an environmental as well as a health hazard. The large firms which are linked to fracking have tried to justify fracking by citing that the benefits of it outweigh the harm that it might potentially cause. But before buying that argument, it is important for us to understand if the idea of fracking is really good for a long term scenarioRead MoreHydraulic Fracturing Of Natural Gas From Deep Below The Ground1975 Words   |  8 PagesFracking, also known as hydraulic fracturing involves the extraction of natural gas from deep below the ground. A shaft is drilled into the ground followed by a horizontal well hole that flows to the gas layer of the earth. The well is divided into smaller sections and these sections are fractured in sections. Fracking fluid (7 million litres of water is used, several thousand tonnes of sand and 200,000 tonnes of chemicals (de Ri jke, 2013)) is then pumped into the ground at high velocity. CracksRead MoreA Summary On The Role Of Fracking801 Words   |  4 PagesA summary of current viewpoins on the role of fracking given the recent drop in oil prices. Over many decades oil has supplied the global market with a realatively inexpensive method to provide energy and countless products. Without oil the world would not be as well developed as it is today. Large countries such as the USA and China thrive off oil and without it would come to abrubt halt. [1] Saudi Arabia is in possession of vast quantities of crude oil, currently larger than the US. [2] Due toRead MoreIs Fracking A Necessary Evil? For The United Kingdom?3414 Words   |  14 Pages Paper 4 Project 2013-14: Is fracking a ‘necessary evil’ for the United Kingdom? Candidate Number: 127 Word Count: 3000 + 381(Bibliography) = 3381 Introduction Since 2004 the UK has been a net importer of natural gas, as the North Sea reserves have been exploited and nearly exhausted. Today, ten years later, the UK has become even more dependent on foreign gas with over 50% of demand for gas satisfied by foreign supply (Gloystein, 2013). This increasing dependence on foreign countriesRead MoreFracking : A Modern Technique1680 Words   |  7 PagesFracking is a modern technique to explore natural gas through a controversial procedure. The controversy about scientific evidence for the impact of fracking has raged unabated for over a decade. It has now become one of the most popular debates between the supporters of Greenpeace or environmentalists and the energy companies. Now it’s a centrepiece of discussion in the context of the energy solution and considered as a really important source of energy by last few decades. Recent developments inRead MoreDescribe the social implications of business ethics facing a selected business in its different areas of activity. (P3 and M2)2355 Words   |  10 PagesDescribe the social implications of business ethics facing a selected business in its different areas of activity. (P3 and M2) Social implications of business ethics The social implications often refer to those businesses that have an effect on society as a whole. They can relate to a number of areas of activity. I will now talk about the areas of activity. Areas of activity Ethics in finance In financial dealing and payments there are many kinds of unethical behaviour, however there are regulations

Walmart s Human Resources Mission Statement - 782 Words

As Walmart’s Human Resources mission statement states the company is â€Å"working to ensure that every single member of our team feels uniquely fulfilled, challenged and capable of successfully accomplishing his or her role in or day-to-day-operations. However, Walmart is not living up to this promise when it comes to offering fulfilling and challenging senior levels positions to minorities especially women. Currently, Walmart’s executive management team is made up of 36 individuals. Out of those 36 individuals, 9 are women (25%) compared to 27 men (75%). Going into further analysis out of those 9 women, there is only one minority female, Rosalind G. Brewer, President and CEO of Sam’s Club. Mrs. Brewer is the first African American woman to fill the role of CEO a one of Walmart’s Stores’ divisions. Looking into the 27 positions which are occupied by males, there is hardly any diversity as well. In order for Walmart to improve the lack of minority and women representation in Walmart’s senior level positions, the company should set up a mentoring program as well as succession plans. Through mentoring, employees identify themselves as a vital part of the organization while creating a heightened level of ownership. A mentoring program will assist in building a pipeline of diverse employees. Walmart should establish a formal mentoring program especially for minorities and women who Walmart identifies as potential candidates who in the near future will be ready for executive levelShow MoreRelatedWalmarts Vision Statement : Walmart1230 Words   |  5 PagesWalmart’s vision statement, the Corporation traces its success to the principles of its founder, Sam Walton. Further, the principles are highlighted in Walmart’s vision statement: â€Å"To be the best retailer in the hearts and minds of consumers and employees. † The author added that Walmart initial aim was to attain a top position in the retail industry – given its present situation, the company has already achieved the best retailer aspect of the vision. In addition, Walmart’s vision statement speaks to theRead MoreWalmart : An American Multinational Retail Corporation Essay1358 Words   |  6 PagesWalmart is an American multinational retail corporation that sells anything from cleaning supplies to dinner. The variety of merchandise in the store is never ending, where many different brands compete to sell the number one product. The first ever Walmart was created in Rogers, Arkansas in 1962 by Sam Walton. Sam wanted to create a store that was affordable for everyone and created the company’s official purpose of, â€Å"If we work together, we ll lower the cost of living for everyone...we ll giveRead MoreGrowing Store Strategy Is A Winning Strategy1514 Words   |  7 PagesGrowing store strategy is a partial winning strategy. This is because, opening new stores every year within U. S is met with a great success for growth, but opening 124 stores at once in a Canadian market not built with Target s well-known layout was a complete failure. Also, the remodeling and the new layout to carry extended grocery and other assortments are a great success. We are on the internet and mobile era, speed, reliability, and mobility plays a crucial part in meeting customer expectationsRead MoreWalmart : The Largest Retail Company1269 Words   |  6 Pages1. Company Background. Walmart is one of the largest retail companies in the world, and the largest retail company in the United States of America. It has been ranked number one on the Fortune 500 Index by Fortune Magazine. The founder of Walmart is Sam Walton, who opened the first Walmart store in 1962, in Rogers, Arkansas. As of 2007, Walmart obtains a store counting of about 6,700 units worldwide. Walmart provides general merchandize, such as health and beauty aids, family apparel, electronicsRead MoreWalmart Organizational Management3452 Words   |  14 PagesWalmart Organizational Management Name Institution Affiliation Organizational Context Wal-Mart Stores Inc. or Walmart is a multinational retail organization that has numerous chains of large discount warehouse and general stores. The company was formed in 1962 by Sam Walton as a family-owned business. It was incorporated in 1969 and traded on the Stock Exchange of New York publicly in 1972. Since then this organization has grown strength to strength winning various accolades. 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He wanted to help people save money as well as live better. This is Walmart’s mission and purpose till this very day. Walmart is still in business as well as the largest retailer in the world by revenue according to the two thousand fourteen Fortune 500 list. Because of Walmart’s mission, â€Å"more than two hundred and fifty million customers

Auditing Capacity and Planning Function

Question: Discuss about the Auditing Capacity and Planning Function. Answer: Introduction The audit plan structured to facilitate the process of auditing of the KS Corporation for the year 2016. This audit plan is meant to reduce the risk to acceptable level when reporting the evidence about the true and fair financial state of the company (King, 2007). Good plan outlined in this paper will give a clear understanding of the client, identify significant accounts, set planning materiality, indicate what can go wrong, an understanding of internal control and in between develop an audit strategy to be executed for the audit purposes of the company. The audit plan will also outline the time frame and emphasis to ensure the audit process is effective and the auditor verifies the financial reports for the interests of the shareholders (Bepari and Mollik, 2016). Our understanding of the client KS was founded in 1945. The corporations managing director is Paul Sarant. The corporation provides logistics, fuel distribution, transportation, warehousing and various services to companies across Australia. The company offers rail, road and coastal sea forwarding. The company is also involved in export packing and supply chain management to key customers. The corporation provides it diverse services under the following subsidiaries; KS Bulk, KS NZ, KS Fuels, KS freighters, DTM, Regal General, Regal Heavy, NTFS, Scott Corp and Aero Refueller. It is through these subsidiaries that the corporation is able to serve it widespread customers throughout Australia and New Zealand (Ksgroup.com.au, 2016). The organization key customers are; Coca- cola, BHP Petroleum, Alcoa, Santos, Norske Skog, Blue Scope, One Steel, Woodside Energy and The Laminex Group. KS corporation main competitor is Santa Fe Wridgeways Australia Limited (WWA). In this case, KS can be described as the market leader while Santa Fe Wridgeways as the follower in the Australian market. The company financial Calender started on 1st July 2015 and ended on 30th June 2016. The company 2015 general meeting was held on 24 November 2015. The half year results and interim dividends were announced in February 22th 2016. The Corporation paid a dividend of 7.0 cent for the year 2015 (InvestSMART, 2016). The annual general meeting the year 2016 will be held on 22nd November. The KS Corporation has integrated it services with IT systems to enhance service to more customers. The IT system provides an interface between customers and the company to book services and communicate with the company. The company uses the IT system to manage it vessels by use of GPS to track their operations. The company also uses IT system to offer training to the workforce about the emerging issues and facilitate short courses .Finally and most important is that the IT systems are used to prepare and keep financial records in the organization (Ksgroup.com.au, 2016). Our assessment of significant accounts Expense account This account faces a risk of being understated when presenting expenses in the financial statements. This account contains costs incurred to run the corporation and realize revenues. Due to the companys large operations and several subsidiaries, the group is faced with high expenses to keep the business running. The importance of assessing this account is significant due to the pressure of the corporation to record minimum expenses in a financial year (Moroney, 2015). The management would like to record the lowest amount incurred by the organization in order to maximize wealth. It is within this rationality that the account is significant for it high susceptibility to be understated in the financial statements. Business combinations The business combination account susceptible due to it measurement methods. KS group acquires business and accurate and reliable financial statements are to be drawn from the acquisition. The measurement of the assets and liabilities from the acquaree is significant and understatement or overstatement is material to the financial statements of the KS Corporation. The amount analysed from these businesses of KS group are huge and determines the financial position of the organization. A misstatement of this account will lead to false presentation of the financial statements to the shareholders. The account requires deductions as a result of accumulated depreciations from plant and equipments, vehicles and intangible assets. The company also has several assets that require revaluation which increase in value. For instance land, goodwill and patents. This account will be significant and will be reviewed to ensure that the figures in the financial statements represent the true and fair va lue of the assets of the corporation (A2Q2, 2016). Therefore, our team will highlight the business combination account as a significant account to ensure no errors are entered in the financial statements in the process of measurement. Inventory account KS group is involved in large amount of inventory that is a current asset to the organization. The transaction of inventory in this company in terms of volume is complex therefore susceptible to misstatements. Also the nature of this account is frequently and irregularly updated on daily basis exposing the account to risk. A misstatement in this account can lead to organizations financial ratios drawn from the financial statement to be misleading to managers, lenders, suppliers and shareholders. Revenue account The revenue account indicates the cash inflow in the organization. The account is significant and has to be reviewed to ensure that the recorded transactions only reflect economic benefits to the group. The sale of goods, rendering of services, interests earned and dividends are sources of cash inflow for KS Corporation Limited. Misstatement in this account will alter the financial statements that will fail to reflect the true and fair state of the business. There is an incentive for the corporation to overestimate this account and therefore important to verify to avoid giving a wrong opinion on the organizations financial statements. Basis consolidation The consolidation of the KS group consist all the subsidiaries together preparing one financial statement. The subsidiaries of the KS Corporation are also required to prepare financial statements of their company that must be in accordance with the accounting policies. Since the financial reports are prepared at the same time, consistency will be checked by our team to verify that all the accounts in the KS Corporate financial statement are accurate. Emphasis will be put on accounts that show the obligation of the organization. These accounts are significant and any misstatement can lead financial statements not reflecting the true and fair situation of the organization (Campbell, 2013). The liability account will have to be reviewed to ensure that all the account payable and borrowing incurred by the KS and its subsidiaries are listed in the financial statements. The existence of parties in the KS group requires that transactions are accurate to avoid exposures to company incurring losses. Therefore, the significance of this account is important and determines the liquidity of the organization. Also an emphasis will be put on account receivables that represents current assets that the group is expecting to be settled by debtors in the near future. This account is sensitive especially when determining the liquidity of the organization and it failure can lead to bankruptcy. When doubtful debts are not well accounted for, they can lead to misstatement of this account resulting to false financial statements. Our planning materiality Our plan for materiality to determine the fraud or misstatement in the KS financial statement is to apply analytical procedures for verification. Since the KS group operates in a wide spread, scrutiny of the control and coordination operations. The materiality of the KS group is likely to be cause by illegal acts (fraud) or several errors in the subsidiaries amounting to cause materiality in the financial statements. Emphasis will be put to understand and verify that the internal control in the subsidieas companies is efficient and effective ( Gul, (2009). We will audit preliminary materiality and be revised to attain more information. When establishing the strategy to execute in the audit process, the materiality for the KS group financial statements will be determined as a whole. This will be done because it can influence an economic decision when aggregated that individual item (Moroney, 2015). It is also in this stage that we will determine performance materiality for in the organization with an aim of assessing the risks in misstatements and determine the timing, nature and extent if further audit procedures will be carried. For the account of profit before tax will be calculated at 5%, revenue at 1%, and total revenue at 2%. Example operating revenue of $699.2 million calculated at 0.0004= $699.2 million x 0.0004 = $279,685. The total revenue account which is revenue less returns and discounts will be valued and declared material if it omission or misstatement or combined will form more than 0.5 % of the total revenues. Materiality in the total Assets account will be declared material if misstatement or omission combined form more than 1% of the total assets. If misstatements or omission are below 1% will be regarded immaterial and not capable of influencing the economic decision. Materiality in current assets and current liabilities accounts will be declared if misstatements or omission combined will form a percentage greater than 5% of the total assets or liability. Anything below this amount will be immaterial and will not change the auditors opinion. Tolerable misstatements will be allocated on both the income statement and the balance sheet accounts to enable progression where the omissions and misstatements are immaterial. In this plan materiality, tolerable misstatements are set at a maximum of 75% of the planning materiality. Also, any tolerable misstatements in the audit process of the KS Corporation Limited will only be allowed if it does not exceed four times of the planning materiality. Our assessment of what can go wrong This section will assess the risk in the significant accounts outlined in this paper. This section will also select and plan for implementation controls to reduce the auditors risk (Colbert, 2012). The following are the assessment of the risks in the significant accounts that can go wrong leading to auditors risk; Business Combinations: KS is involved in business combinations to strengthen it capacities and reach more customers in Australia and New Zealand. The corporation has in the past acquired several companies which later as become subsidiaries to KS group. The accountings for these businesses are independent and are finally incorporated to the KS financial statements. The measurements used in the business combination are prone to misstatement if the sum is not calculated as per the acquisition date fair value. The acquisition should be measured at the fair value. When this is not observed, it will happen that the acquiree net assets identified will either be underestimated or over estimated which is material and can lead to influencing the economic decision (Campbell, 2013). Therefore, the auditor opinion in this case will be misleading and of no importance to the organizations stakeholders. Basis consolidation: The KS Corporation Limited comprises a financial statement for itself and its subsidiaries. This consolidated financial statement of the group is prepared at the year ending 30th June for the parent company and subsidiaries. The group financial reports accuracy depends on the accuracy of the subsidiary companies. Therefore it important for our auditing team to spend time checking and verifying the accuracy, reliability and precision of the financial statements of the subsidiary companies to ensure that the accounting standards have been observed. When there is material misappropriation in one subsidiary, the group financial statement will not be able to attain a true and fair reflection of the financial position. In order to verify if the financial statements of the subsidies are prepared in accordance to the standards of Australia and international accounting standards, our team will review the internal control (Moroney, 2015). The control of the subsidiaries is done by the parent company after consolidation. Therefore, the operation of a subsidieiers depends on the corporate governance of the organization. The risk of subsidiary company presenting wrong financial statements will be assessed by the level of controls instituted by the group management. Expenses: The expense account is an important element in the financial statements and it facilitates the organization to verify the amount it used to earn it profit. It is the cash outflow that is intended to provide cash inflow. An organization will always try to minimize the expenses to maximize it profits (Bepari and Mollik, 2016). There is a risk of an organization understating it expense because of the incentive to minimize expenses in it operations. This scenario will lead to materiality in the financial statements where the profits of the group will be over stated therefore representing the false state of the financial status. The expense account will be assessed by checking the inclusion of all outflow that were used provide the revenues in the organization. The process will also check to ensure that expenses incurred in the financial year are included in the year. Liability account: The liability account indicates the groups obligation to it renders authority and suppliers. The account is important as it determines the liquidity state of the organization. The account misstatement lead to impact on the economic decisions made in the corporation. Assessing this account will involve identifying the borrowing, account payables, tax payable and ensuring that they are recorded in accordance with the accounting standards. Since most of the group operations are automated, our team will review the IT systems used to record tax obligations, suppliers credit and borrowings from financial institutions. Understating this account will lead to the group lowering it credit rating therefore getting denied access to credit facilitates from lending institutions. The risk of omitting or misstating an obligation can be intention from the corporation workforce to fraud the organization. Therefore, our team will review this significant account to ensure that it refl ects the true and fair state of the KS group financial statements. Revenue account: The revenue account indicates the cash inflow to the corporation. The revenues earned from the subsidies are consolidated to the KS group financial statement for the financial year. There is pressure to overstate this account from the management .The incentive is from the shareholders who want wealth maximization for their investments. This account is important and enough time will be spent to verify all the receipts that have been recorded cash inflows. The risk in this account can be material as an individual or in aggregation (Moroney et al, 2015). Our team will be checking to ensure that earning after the closing of the financial year are not included in the financial statements of the concluded year. Revenue account is used to show the growth of the companys returns. Therefore, misstatement in this account will lead to auditor giving invalid opinion if it not noticed. Conclusion In conclusion, the audit plan has outlined important details to be used to execute the audit process of KS Corporation Limited. The audit plan has described KS group that has brought clear understanding of the nature of its operation, industry and financial position. The plan has identified significant accounts and transactions, discussed materiality, identified what can go wrong and an understanding of internal controls. This audit plan has also outlined the risks in the process of auditing in KS group and the mitigations necessary to minimising the auditors risks. The significant accounts outlined will be added the amount of time spent to verify them to ensure that the auditors opinion is based on true evidence in the original books of entry. The audit plan outlined in this paper has sufficiently given a guide that will be used to carry out a successful audit process of KS Corporation Limited for the financial year 2016. References Auditing. (2008). St. Lucia, Qld.: for the Australian Society of Accountants by the School of External Studies and Continuing Education, University of Queensland. AccountingWEB. (2014). 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