Extra credit Human resources development Assignment

Extra credit Human resources development - Assignment Example Therefore, it can be safely inferred that certain methods of recruitment are superior to others due to a variety of reasons. The power of the internet can be emphasized by the fact that it has found widespread application in nearly all aspects of human lives. From grocery shopping to international import/exports, the usefulness of the internet cannot be denied. The aspect of online recruiting is one of these, and it seems that internet has to a great extent molded the face of modern recruiting activities. The process of shortlisting the candidates has greatly been simplified as seen in the selection process of very famous firms like Coopers & Lybrand where one-fourth of the applicants are eliminated during the initial process of selection online (College Press Service, 1997). The HR management teams identify a number of parameters for which the applicants have to be tested. Once this is done, it becomes possible to conduct the test online and manage the selection of eligible candidates (Vecchio, 1996). Another important benefit of using the online recruitment systems is the widespread availability and accessibility of internet. This has removed the concept of international borders to some extent as employers are free to hire capable individuals from all around the globe for the specific job at hand. Similarly, in the virtual world, nearly everyone is able to promote and sell his/her skills online, and employers have the choice of limiting their selection to the most appropriate employee. One of the negative aspects of internet recruiting is the fact that for the demanding jobs on the internet, HR managements of companies are flooded with applications once a job is advertised, this makes it impossible for humans to manage such huge amounts of data thereby making it possible for computers or softwares to replace humans in the future. A number of legal issues are likely to arise as the practice of internet recruiting is

Forensic-MT Essay Example | Topics and Well Written Essays - 500 words

Forensic-MT - Essay Example As the U.S. corporate sector reporting is plagued with continuum of frauds and deliberate accounting errors and manipulation and most of these cases are pending in the courts for due decisions. The need for forensic accounting becomes undoubtedly at its peak as accountants and lawyers seek supportive evidence which is rather factual rather than opinion based. The legal proceedings have become lengthy and complex as businesses and transactions are becoming complicated with too much information in terms of the ways they are carried out and information related to them is dispersed and difficult to gather. Forensic accountants or lawyers need to be competent and knowledgeable to identify weaknesses in the reporting system and prepare the factual documentation regarding an issue or a transaction which is being challenged in the court. The role of companies audit committees and external auditors are challenged by plaintiffs including regulatory bodies, stakeholders, creditors and general public in fraud cases. The outcome of this severe criticism was the introduction of the SOX 2002. The SOX requires auditors to carry out their audit engagement responsibilities in accordance to the ‘auditing and related professional standards’ laid out by PCAOB (PCAOB, 2004). Companies hire forensic accountants not only to provide litigation support but also to help them in managing their internal reporting. Auditors are now required to audit management’s assertion on the effective of internal controls over financial reporting (PCAOB, 2007). Information systems are integral part of internal reporting and data should be made accessible to auditors who need to carryout tests to assure the effectiveness of the system and completeness of information managed and generated. Additionally, auditors should acquire written confirmation representation of control