The Public Disclosure Of Information Essay

Whether it is okay for an individual to publicly identify oneself as gay, lesbian or transgender to society is still a source of confusion for individuals in this situation. This is why some individuals might not choose to reveal their actual sexuality to the public. Some groups such as religious or political groups might not approve the sexual identities of some individuals. Unfortunately, this leads to hypocrisy since many individuals will lie about their true identity when they seeking power or approval of these groups. Some of these individuals identities are exposed without their consent and this is where the term outing comes into place, but what exactly does the term outing mean? “Outing is the act of disclosing

The issue is whether Christie’s actions of disclosing the previously private information regarding William’s employment history and prior immigration status constitute public disclosure of private facts. To prove that a person is liable for public disclosure of private facts, the plaintiff must prove that (1) the exposure of the facts is a public disclosure, (2) the facts disclosed are private facts, and (3) the nature of the information disclosed is offensive (Kinsey v. Macur, Porten v. University of San Francisco, Daly v. Viacom, Inc.). William Franklin probably has a cause of action for public disclosure of private facts against Christie

This privacy policy describes how “My Pillow Pets” utilizes and safeguards any information that you provide “My Pillow Pets” when you using this website. “My Pillow Pets” is committed to protecting your private information from unauthorized disclosure. From time to time we may ask you to provide personal information which can identify you when using this website. In doing so, your private information will only be used in accordance with this privacy statement. “My Pillow Pets” may change this policy at any time and will update this page accordingly. Please check this page to ensure that you are satisfied with any changes. This policy is effective from 01/01/2016.

The Public Interest Disclosure Act was introduced in 1999 to give greater protection to whistleblowers. It tells us which disclosures can be protected, the circumstances in which such disclosures are protected and the people who may be protected.

The concept of accountability is to present to the public of how governmental resources are acquired and being used to provide services. Public officials have the responsibility on informing the public on how the government is utilizing their money, especially to the taxpayers. Accountability means having a transparent view on the government’s financial data such as the assets, liabilities, revenues, and expenses. Accountability is the cornerstone of all financial reporting in government. For example, the federal government can demonstrate accountability through financial reporting by providing information to evaluate operating performances. Under the state and local government, accountability is assed in financial reporting by showing reports

In today’s global economy, investors must rely on information provided by the various companies listed on the stock exchanges in order to determine if a company is a good investment, or a poor one. In order to make informed decisions, investors want to see financial statements that have been proven to be correct; they do not want to risk losing the amounts they have invested if they were to choose to invest in a company that was not being truthful about their financial standings. To reduce this risk, publicly traded companies must have and audit of their annual financial statements. These audits are meant to reduce the risk of misleading numbers skewing how the company is

One of the biggest challenges facing most organizations is ensuring that all financial information is factually accurate. This is problematic, because executives can become caught up in meeting the estimates of Wall Street analysts. Once this happens, is when there will be an emphasis on engaging in activities that will increase the risks to a business. In the case of the balance sheet, these issues can lead to inaccuracies in how these numbers are reported. At some point in the future, this will have an adverse effect on the organization by establishing a culture of allowing this kind of activity to occur. This is when there is the possibility of some kind of financial fraud taking place.

Accountability – In clearly defining realistic expectations, taking appropriate actions to ensure goals are met or exceeded.

The role of financial reporting is to portray the economic position of a firm in a timely and credible manner. These financial statements should serve as a useful information source for different stakeholders in making economic decisions. For information to be useful it should be relevant and reliable (accounting book). Because the reported earnings could affect the decision making of stakeholders or contractual outcomes which are related to remuneration of managers or debt covenants, managers have strong incentives to adjust earnings to a desired pre-determined level (Watts, 1990) . Although established accounting standards limit the use of opportunism, the determinant is that managers have flexibility in choosing the accounting method, and the existing information asymmetry between them and external stakeholders allows them to prepare the financial reports to their own advantage. Information asymmetry is the information advantage

The Data collected may be passed onto interested parties but this must be only the appropriate information. Schools hold lots of information about pupils, staff and parents. Confidentiality A key component for relationship building and sustaining relationships is confidentiality.

The purpose of this case study analysis is to evaluate the presentation and disclosure of information in the financial statements and the accompanying notes and accounting policies of fletcher building limited. The case study critically evaluates the application of the conceptual framework of accounting and the relevant accounting standards used by the company. The main body includes the discussion of five different questions related to the company. The case study concludes with a brief conclusion and reference note.

In addition, these expectations pose pressure on the management to find ways which may result in better presentation of the financial statements and improved earnings (Boot and Thakor 1991). The Banking sector in particular and other sectors in general are mostly seen following this approach. As for instance, there has been observed a trend of investing in such portfolios and instruments which are regarded as high risk investments. But the intention behind this is to improve or strictly stating ‘inflate’ the earnings of an enterprise without having regard to the riskiness of such investment decisions and the fact that the stakeholders of the business need justification of such improvements in the performance in the form of financial statements disclosures. For the purposes of obtaining security on the risky investments, corporations tend to enter into complex third party arrangements which cannot be disclosed in the financial statements. Apart from this, one other motivating factor which is regarded as the major reason behind this approach of management is that they have their own interests and objectives. As for instance, managers are better off in their performance appraisals when the company is showing profits consistently (Boone and Raman 2001).

The role of financial and non-financial data for strategic decision-making is highlighted in several explanations of accounting. I’ve recognised that accounting can be seen as the method of verifying, measuring and conveying economic data to permit informed findings and decisions by interested users of the data. The awareness of accounting data adds to improved strategic decisions; hence, reporting and accumulating

According to Black (2009: 2), accounting can be defined simply as the recording, summarizing and interpretation of financial information. A more detailed definition is that offered by the American Accounting Association (1966), as follows: ’The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information’. This means that, in terms of identifying, this should focus on the key financial segment of an organization, like liabilities, assets and capital. Measuring, on the other hand, refers to the budget of the company and it shows a true and fair view of the organization. Next, communicating refers to the financial information which is transmitted to the people who need this information.

In recent years, many of the studies of impression management are linked to accounting narratives. Dhanani and Connolly (2012) （r32）stated that the disclosure of the annual report could be seen as "the wrong organizational reality”. Thus, the quality of financial reporting becomes a growing concern because of the damage caused by impression management (Clarke and Dean, 2007). The chairman's report, which is considered to be widely read in these narratives (r26; Courtis 2004), may be used by managers to produce the desired impression on an unaudited basis, so the letter from the chairman is the focus of this article.