Not Fair

Fair Value Accounting and Audit Ivie Uduebho 4/30/2015 Introduction In today’s businesses, there has been an increase in the demand for financial reporting and also, the need to have reliable measurements of fair value and its disclosures. The need for reliable information has caused continuous change to accounting policies which has posed a challenge not only to management of companies, but also to auditors. The frequent changes in accounting principles pose a

Abstract This paper is written for the accounting theory course as a course project. This paper discusses the differences between the historical cost accounting approach and the fair value accounting approach. The discussion will focus on the debate on using which accounting approach. We begin by stating the definitions of both concepts and discussing them thoroughly, then we state the main advantages of the two approaches followed by comparison between them. The last section of this paper discusses

trade became popular globally, starting the fair trade movement. According to FINE in 2001, fair trade is defined as a trading partnership, based on dialogue, transparency, and respect that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers - especially in the South (Moore, Wilkinson, Redfern & Snedker). The fair trade movement originated in the late nineteenth

beverages, making it the second most popular drink in Canada, water being the first. Fair trade coffee ensures that the coffee farmers who produce Canada’s second most popular beverage are paid fairly. Fair trade coffee is a partnership that relies on the collaboration of coffee producers, traders, buyers, and consumers to produce equitable and sustainable changes in the way we trade coffee (Liberman, S., R.N. 2008). Fair trade certification was developed in 1988 to guarantee that farmers are paid a stable

This case talks about Fair Trade USA which is one of the leading certifier of fair trade products in North America. Fair Trade USA was founded by Paul Rice in 1998. From a non profit organization, Fair Trade USA growth has been phenomenal. Initially after first year of its inception, it started certifying one million pounds of coffee. Today it is certifying more than 1 billion pounds of coffee per day. Ft USA got into valuable partnerships with Starbucks, Pepsi co, Whole foods and others and received

have a say. I used to think fair trade was a great concept, now I believe there are better options, like direct trade and whole trade. Though buying fair trade is still a better option than supporting the free trade industry. My high school used to do a fair trade annual fundraiser, and I learned about the positives of fair trade, but I never considered the negative aspects. Mike Woodard, briefly touched upon fair trade. He stated that with a capitalist system, fair trade won’t really work. There

granted by Copyright Law. As mentioned earlier, exclusions to copyright protection exist and are known as the Fair Use Doctrine. This doctrine was established in section 107 of the 1976 copyright act as a response to some major cases heard previously. Protected works that are used for the purpose of criticism, comment, news reporting, teaching, scholarship, or research fall into the realm of fair use and do not require payment or authorization from the creator. However, this only gives people a limited

increase the producer’s benefit in fair trade. To do so these producer coops need to gain a part of the ownership in companies that sell their products in the north consuming markets. According the Jaffee, through his research and findings, when helping the fair trade coffee bean producers it untimely comes down to the long-term goal of these companies, if it is to simply increase their market and gain consumers or to actually transform the international fair trade market. An example of the northern

act of charity goes unresented. Buying coffee at the local coffee shop down the street, we see the Fair Trade logo and wonder whether ordering Fair Trade coffee rather than conventional coffee really supports farmers in unindustrialized countries. In other words, does Fair Trade work? The Fair Trade initiative aims to improve the living conditions of producers in developing nations. The goals of Fair Trade are to achieve higher prices for producers, greater availability of financing for producers

However, the concept of fair use has changed over the years with the changing of intellectual property and technology, which pose questions as to whether DRM technologies are capable of accommodating fair use at all. “If DRM systems are to preserve fair use, they must somehow preserve its ambiguity, its ability to evolve and embrace as yet unrealized uses of copyrighted works.” (Von Lohmann)