Video game developer Essay Example for Free

Video game developer Essay Given the current pressures from competitors and substitutes, what should Nintendo do? (last Student ID digits = 0 – 3) Nowadays, electronic game industry has three dimensions: traditional video game console sector, PC and online game sector, and new emerged smartphone game sector. Historically, Nintendo was the leader in traditional video game console sector with highest profit margin than its competitive peers, Sony and Microsoft. As the technology developing, however, the whole electronic game industry is at a turning point. The difference among three sectors will become vaguer and vaguer. As Sony and Microsoft caught up the profit margin and smartphone sector emerged, Nintendo is on the cliff of revolution. Given the current pressures from competitors and substitutes, Nintendo should revolute follow: * Protect current customer base by keeping on positioning wider age range game player (i. e. from teenager to senor generation). * Overcome its graphic obstacle by building up alliance with graphic chip makers, such as NVidia. * Enhance its leadership in video game sector by keeping on investing in motion sensor game technology. In addition, touch screen might be a good complement. Next generation game will have more and more motion sensor elements, Nintendo must stand on the edge of this trend. * Construct game download platform website for game programmer and persuade them to sell their products on the website (i. e. mimic smartphone game sector to save cost for both Nintendo games suppliers and customers). * Change its customers shopping habit and provide game trails on the game download platform website. * Invade online game sector by persuading game programmer sell their game updates or complements on the Nintendo game platform website (i. e. mimic online game sector strategy to capture higher profit margin from updates). * Keep on supporting its royal and reliable game programmers/suppliers by sharing game and game platform website technology while monitoring programmers and suppliers royalty (i. e. keep on monitoring and examining Nintendo and its game suppliers alliance).

North and South by Elizabeth Gaskell Essay -- nineteenth century Engla

The nineteenth century was a time of economic, technologic, and population growth. These changes created problems in everyone’s daily lives. Two examples of things that affected the lives of many were disease and sanitation. Disease and sanitation led to high mortality rates in Nineteenth- Century England. This relates to North and South by Elizabeth Gaskell as it takes place during nineteenth century England and multiple characters died presumably due to disease. In North and South by the Victorian Novelist, Elizabeth Gaskel, the towns in the book were given different names than they were in England during the nineteenth century. The population growth, diseases, and sanitation was similar throughout all of England, however most research focuses on London, England due to London being one of the largest cities in England. The nineteenth century was definitely a time of population growth and England was no exception to population growth. According to Professor of Economics, Nicola Tynan, in 1801, the metropolis in London had a population of 959,000. By 1851, the population had grown to 2.3 million residents and then in 1900, the population was up to 4.5 million (Tynan, 76). People in the area just wanted to move into the cities for the news jobs that were available in industry and to change their lives. These statistics are for the London metropolis, but the same population growth was occurring in many of the cities in northern England. In North and South, Elizabeth Gaskell examines the Hale family as they moved from Helstone to Milton. The family moved because Mr. Hale felt like he could no longer faithfully fulfill his position in the village, so the family went to the city for a change and to start over. (Gaskell... ...South†. Penguin Books. England. 2003. Print. Jenson, Jane. â€Å"Getting to Sewers and Sanitation: Doing Public Health within Nineteenth Century Britain’s Citizenship Regimes.† Politics and Society. Volume 36. No. 4 532-556. December 2008. Web. Pooley, Marilyn E., and Pooley, ColinG. . â€Å"Urban Disease and Mortality in Nineteenth Century England.† 1984. Great Britain. Print. Pages 158-159. Thorsheim, Peter. â€Å"The Corpse in the Garden: Burial, Health, and the Environment in Nineteenth-Century London.† Environmental History 16.1 (2011):38-68. Proquest. Web. 30 Oct. 2013. Tynan, Nicole. â€Å"Nineteenth Century London Water supply: Processes of innovation and improvement. â€Å"Review of Austrian Economics. Volume 26. Issue 1. 2013. Pages 73-91. Web. Woods, Robert. Woodward, John. â€Å"Urban Disease and Mortality in Nineteenth Century England.† 1984. Great Britain. Print.

Business Ethics – 3 – Ethical and Unethical

An event or decision that could be judged as clearly unethical could be any situation where information discovered in a private business environment could be used for a personal financial gain by the person finding the information. A scenario such as the following is a good example of an ethical issue that may occur frequently in business. The scenario is as follows: a strategic management consultant is hired by a firm to analyze and improve the company’s performance and help amend the procedure for evaluating employee performance.During the course of this analysis they interview several supervisors and employees individually to gather information about the current evaluation process, and understand how employee performance can be improved, as well as investigate whether there are any issues that staff feel they cannot convey to management. During the corporate analysis, the employees mention that they feel they have not been given sufficient credit for developing a new produc t that the company expects will double its profits when it is introduced in the near future.The level of dissatisfaction amongst the staff is at a high level, and they disclose some corporate information to the strategic consultant about potential future earnings and profitability. The general discontent with this situation, and the fact that the employees all feel that the share price will rise, and the profitability of the company will increase, through the sales of this new product, the consultant is left to wonder whether he should buy some of the company’s stock to take advantage of the anticipated boost in earnings.This situation is an example of insider trading, where an individual may be able to make money on a stock transaction by using information gained through some illicit means. This situation has ethical issues due to the fact that the consultant has been hired by the company to perform a duty, and during this process has found some information which may enable them to make extra money.There are not many circumstances where this kind of situation would be ethical, and if this was a situation I found myself in, then I would try to be ethical and to not use the information gained for my personal financial benefit. This scenario does not just have ethical issues to consider, it has legal issues as well, because the act of insider trading is a criminal act of fraud therefore people caught doing this ethically unsound business practice are liable for prosecution for fraud.2. This situation is ethically dubious, due to some of the reasons outlined in part one of this paper, the similarities between the two situations mean that it is not appropriate to act on this information, due to the extra knowledge about whether or not the company is financially and fundamentally strong. However because of a couple of issues in this scenario it may be ethical to purchase stock or to have a conversation about buying stock with friends and family members.The i nformation has come through conversations in the hallways, not from primary sources, and therefore nothing is confirmed as being true, it is mere speculation. The second issue is whether it is ethically sound to discuss business operations with friends and family. Again, because the information has come from a secondary source, which may be classed as gossip, and not hard business facts, mean that a speculative conversation about the business, with friends and family may be ethical. It does not matter if one hundred or one thousand shares are purchased, because the ethical situation is the same.However looking at the facts and the differences between the first scenario and the second, it is possible to say that under the first scenario it is definitely unethical for a third party contractor to discuss or use information for their own personal benefit, but the second scenario may be ethical, due to the issues of reliability of information and the fact that it is an employee of the co mpany acting on speculation and not business facts. However the one crucial element in these two scenarios, is that of human morality, and there are clearly some people in the world who would act on both scenarios, and there are some who wouldn’t.

Physical Inactivity Has Enormous Negative Health Effects

It’s widely known that physical inactivity has enormous negative health effects. â€Å"Poor cardio- respiratory fitness, adiposity, impaired glucose toler- ance, hypertension, and arteriosclerosis are independent threats to health and that physical inactivity increases the risk for premature death† (Lars). The negative health effects of physical inactivity are numerous. Examples are high blood pressure, increased risk of diabetes, increased stress and depression, and shorter life expectancy. It is clear that not being physically active takes a large toll on the human body. There are many different ways that an individual can turn their life around. Anything from going for a walk or going from a 5 mile run will make a lasting effect. Some†¦show more content†¦AHS results in enlargement of all 4 cardiac chambers and lowered resting heart rate that has no known pathogenic effect. People such as Gerche in Can Intensive Exercise Harm the Heart? have argued that sev ere ventricular dilation puts athletes at risk of arrhythmias and sudden death. Even though there is a large amount of risks with high intensity exercise, there is also an enormous amount of health benefits. â€Å"Exercise improves blood pressure control, lipid profiles, and insulin sensitivity and so it is not surprising that exercise has been associated with a reduced incidence of myocardial infarction (Gerche).† This experiment will test the effects of high intensity training on the cardiovascular system. The size of all of the subject’s cardiac chambers will be tracked along with their blood pressure and readings from their electrocardiograms (EKG). The goal is to see if too much high intensity training has negative effects that outweigh the positive effects. This experiment will be used to lower the long term chances of injuries and deaths in athletes if negative effects are found in high intensity training. Hypothesis My hypothesis is that athletes who preform rigorous exercises on a regular basis, such as endurance running, rowing, HIT training, will have a slight increased chance of arrhythmias or any other abnormal heart condition. Materials/methods I will have 150 20-year-old men in this experiment that haveShow MoreRelatedThe Effects Of Physical Inactivity On Human Body1009 Words   |  5 Pages Background Its widely known that physical inactivity has enormous negative health effects. â€Å"Poor cardio- respiratory fitness, adiposity, impaired glucose toler- ance, hypertension, and arteriosclerosis are independent threats to health and that physical inactivity increases the risk for premature death† (Lars). The negative health effects of physical inactivity are numerous. Examples are high blood pressure, increased risk of diabetes, increased stress and depression, and shorter life expectancyRead MoreObesity : How Obesity Affects Your Life?938 Words   |  4 PagesStates today, obesity has become an enormous problem. In the last three decades, the number of people overweight has increased dramatically. Obesity effects the individual carrying the extra weight around, of course, but it also affects society as it is left up to the government and other health care facilities to address these issues and treat them. Fast food causes people to become overweight, and there are some eff ects of being overweight. First, the reason the obesity effect your life is fast foodRead MoreThe Prevalence Of The Obesity Epidemic1677 Words   |  7 Pagesterror or school shootings, but because of a far greater villain that has yet to surface and the masses to learn about. Sugar - contemporarily the greatest stimulus that has been slowly augmenting child obesity levels in North America. Without a doubt, recent statistics prove that the prevalence of obesity in children has risen greatly. What we may refer to as the ‘obesity epidemic’, can account for a wide range of serious health complications among children including hepatitis type II diabetes, riskRead MoreWatching Tv And Play Video Games1621 Words   |  7 Pagesour lives because many things have turned â€Å"computerized,† evidently is that our children are depending on these types of entertainment preferably than getting up and physically exercising to entertain themselves.By doing that it will make a positive effect on that ch ild for the rest of his/her life. The cause we should be hesitant to allow our children to play video games or watch TV is that once a child does that, then he/she starts to enjoy it and wants to do it more and more. It turns to an eventRead MoreDiseases Associated With Being Overweight / Obese : Diabetes1310 Words   |  6 PagesStephens Worldwide, 382 million people are diagnosed with diabetes. Diabetes related deaths claim the lives of 1 American every 3 minutes and is the leading cause of blindness, kidney failure, amputations, heart failure and stroke.† Besides the enormous physical and mental strain people with diabetes face, the cost to treat diabetes is also cause for concern. According to the American Diabetes Association, {need a transition, any suggestions?} The basics It is helpful to understand the basics ofRead MoreSocial Networking Can Impair Communication and Identity Essay2247 Words   |  9 Pagessocial networking has really taken off. While there are numerous social networking sites, Facebook is by far the largest and most popular. Facebook has more than 1 billion active users and the average user has 130 friends (Statistics). Have Facebook, Twitter, and other social networking sites gotten out of hand? While some people may believe social networking has positive effects on humans, it in fact has negatively altered the way we communicate, our identities, and even our health. CommunicationRead MoreDepression And The Mindset Of Those Who Are Afflicted2225 Words   |  9 PagesUpshaw Depression and the mindset of those who are afflicted Depression Kafka Gregor Stress depression Anxiety Parasitism Death Notes Works cited When an individual has no other choice but to rely upon another for their own livelihood, feelings of inadequacy may begin to tear at his or her mental well-being. These emotions could cause him or her to see his or herself as nothing more than a parasite harming the people that care about them. Accordingly, this thought process could thenRead MoreEssay on Obesity in America2540 Words   |  11 PagesObesity has grown so much it can now be said to have replaced smoking as the number one preventable cause of diseases in America. Even though the obese have to be responsible when deciding what and how much to eat, society is what not only created obesity but also discriminates against them. The media, food market, and the rapidly advancing technology are all factors that influence not only the increase in obesity rates, but also the psychological status of the obese. According to epidemiologicalRead More Children And Exercise Essay2587 Words   |  11 Pagesand play video games. Having technological skills is now a necessity in all of our lives because everything has turned â€Å"computerized,† but the fact is that our children are relying on these types of entertainment rather than getting up and physically exercising to entertain them selves. This directly affects the large number of obese children in our country today because of the lack of physical exercise. It is not that we want our kids to look a certain way or to be better at sports than everyone elseRead MoreEssay on Children and Exercise2623 Words   |  11 Pagesand play video games. Having technological skills is now a necessity in all of our lives because everything has turned computerized, but the fact is that our children are relying on these types of entertainment rather than getting up and physically exercising to entertain them selves. This directly affects the large nu mber of obese children in our country today because of the lack of physical exercise. It is not that we want our kids to look a certain way or to be better at sports than everyone else

Yevgeniy Pastukhov Semchenkov. Eng 201-0908. Pr. Chrysula

Yevgeniy Pastukhov Semchenkov ENG 201-0908 Pr. Chrysula Norway 5/14/2017 Emancipation in The Awakening and â€Å"The Yellow Wallpaper† Kate Chopin’s the most well-known work The Awakening and Charlotte Perkins Gilman’s short story â€Å"The Yellow Wallpaper,† both initially published in 1899, present astoundingly analogous stories of the role of women in society. Both texts are narrated from the point of view of a female protagonist who breaks away from the restraining conventions of a male-ruled society before eventually emancipating through separation from the thinking world, via suicide in The Awakening and insanity in â€Å"The Yellow Wall-Paper.† Some would argue that the narrators are unreliable and the stories are misrepresented simply because†¦show more content†¦Yet Edna and Gilman’s protagonist are women who receive their imperfections through their surroundings; the carnality and madness are the results of their oppression. Until the happenings of The Awakening, Edna has been married to Mr. Pontellier for a long time. She goes through her awakening after a vacat ion in the Grand Isle, but before, she has been a subordinate wife without any doubts in accordance to her role. Just as Mrs. Pontellier begins the story as an average, sensible woman, the main character of â€Å"The Yellow Wall-paper† begins as a mentally secure person. Gilman’s heroine depicts the â€Å"garden-- large and shady, full of box-bordered paths† (4), the â€Å"pretty old-fashioned chintz hangings† (5), and even â€Å"those sprawling flamboyant patterns† (5) of the wallpaper in an ultimately sensible manner, what serves as an indicator of her capability of thinking and speaking from a rational standpoint. What is more, she is sent away to the mansion not in a view of the fact that she has mental issues but because her husband believes that she has depression. She admits that she is of the opinion that if she â€Å"had less opposition and more society and stimulus,† she would get well sooner (4). Having concluded that both females are in complete possession of their mental capacities at the beginning of the stories, a collation of The Awakening and â€Å"The Yellow Wall-Paper† uncovers a similarity in the oppressiveness of the ruling male figures. Both husbands in

An Analysis of Candide Story by Voltaire - 1347 Words

Voltaire â€Å"Candide or Optimism† was written in the enlightenment era. Voltaire story is published in The Norton Anthology of Western Literature. Voltaire’s character, Pangolss, is a philosopher who teaches about God morals. Pangolss is also a mentor to Candide, who is the main character of the novel. Candide has a good heart but is also feel s very hopeless in life. Pangloss takes Candide under his wing and teaches him that â€Å"best of all possible worlds.† The enlightenment movement is seen closely in Voltaire writing style on page 378. Pangolss had an optimistic viewpoint and belief that the world was good, and that a powerful God had created the world. Pangloss also believed that if people believed something was evil or wrong, it†¦show more content†¦Voltaire writing styles can be transformed to the Romanticism style of writing. The Enlightenment era began in the seventeen century, and during that time, there was great confusion lead ing England to move away from God’s authority. Many people during the Enlightenment era were scared of what religion represented and at what religion could do to them. People in return drew away from religion to science and author such as; Voltaire to explain the world. Voltaire beliefs were independently different from that of what the Bible had stated. The Enlightenment era also brought new political ideas and laws to the West. The new political ideas introduced democratic values and institutions and the creation of modern, liberal democracies. Voltaire and other philosophers believed in people having the power, for position of power brings innovations in educational doctrine, political, and religious. The philosophers certainly stood on the believe that the government did not received their authority from God but from the King, who was appointed by his predecessor. The philosophers’ perceptions were their own ideas and beliefs would explain the truth about the world. The views of gaining illumination through the power of people’s thinking was strongly expressed, however the philosophers’ moral way of thinking was not in line with any true logical facts of explaining our world. The Romantic era was a period ofShow MoreRelatedThe Influence of Voltaires Philosophical Works on the French Revolu tion1128 Words   |  5 Pages The philosophical works of Voltaire, such as Candide, influenced the beginning of the French Revolution, promoting new ideas and concepts. Voltaire used both wit and sarcasm to prove his points against injustice and cruelty. Voltaire was exiled to England for many years, and while there, he became influenced by the English government systems, associated himself with Sir Isaac Newton, John Locke, and Sir Francis Bacon. Voltaire wrote many well known works, but Candide is the most widely read andRead MoreThe s Candide And The Old Woman Arrive Of Cadiz, And Of Their Embarkation1422 Words   |  6 PagesVoltaire’s Candide, or Optimism is widely regarded as a work of the enlightenment period and offers a satire on philosophy, religion and current events (of the time). This essay aims to provide an analysis of Chapter 10: In what distress Candide, Cunà ©gonde and the old woman arrive in Cadiz, and of their embarkation. Firstly considering terms of context this essay will look at the way knowledge of philosophy and attitudes towards women illuminate the readers understanding of the passage. SecondlyRead MoreVoltaires Use Of Distortion1620 Words   |  7 Pagesand Satire (H) Sept. 20, 2017 Candide Essay Prompt: In questioning the value of literary realism, Flannery O Connor writes: I am interested in making a good case for distortion because I am coming to believe that it is the only way to make people see. Following your study of Candide, write an essay in which you examine Voltaire’s use of distortion; how is he using it and to what extent does he succeed in â€Å"mak[ing] people see†? In other words, how did Voltaire incorporate distortion in orderRead More A Freudian Analysis of Voltaires Candide Essay1649 Words   |  7 PagesA Freudian Analysis of Voltaires Candide      Ã‚  Ã‚   In Civilization and its Discontents, Sigmund Freud refers to the important role that love plays in the world of Man. Love certainly plays an important role in Voltaires Candide; throughout Candides journeys, a constant factor is his love for Lady Cunegonde and his desire to be with her. Freud writes the way of life which makes love the centre of everything [...] comes naturally to all of us, (Freud, p. 29). Candides love for CunegondeRead MoreA Rational Demonstration of Irrational Thought Essay490 Words   |  2 Pages Voltaires work Candide is an absurd, irrational story that takes the reader to almost every part of the world in a critical analysis of enlightenment thought. Readers may view Candide as a work that encompasses enlightenment thought. On the contrary however, Candide is indeed a correction and criticism of popular enlightenment ideals. Mainly, Voltaire focuses on the irrationality of the best of all worlds philosophy and in the end, concludes that there will never be a utopia on earthRead MoreOptimism as a Theme for Candide Essay1121 Words   |  5 PagesOptimism as a Theme for Candide Just as on the title, Candide, or Optimism, Optimism is also used as a major theme. Voltaires satire of philosophical optimism is one of the major issues of Candide. Throughout the story, satirical references to the best of all possible worlds contrast with natural catastrophes and human wrongdoing. According to Wikipedia, optimism, the opposite of pessimism, is a lifeview where the world is looked upon the as a positive place. Optimists generally believe thatRead More Literary Analysis of the Enlightenment Period and Romanticism1461 Words   |  6 PagesThere were similarities as well as very notable differences between the two. There were also two prominent voices that gained notoriety during each of these two periods. Voltaire is considered to be the pioneer of the power of reason and Rousseau is looked upon as a legendary figure of Nineteenth Century Romanticism. This analysis will evaluate the two eras, both writers and a literary piece. The Enlightenment Era gave way to an age of reasoning. During this time, the writers were regarded as philosophersRead More A Comparison of the Ideals of Bronte in Jane Eyre and Voltaire in Candide2672 Words   |  11 Pagesand Voltaire in Candide      Ã‚  Ã‚  Ã‚   Subjective novelists tend to use personal attitudes to shape their characters. Whether it be an interjection of opinion here, or an allusion to personal experience there, the beauty of a story lies in the clever disclosure of the authors personality. Charlotte Bronte and Voltaire are no exceptions. Their most notable leading characters, Jane Eyre and Candide, represent direct expressions of the respective authors emotions and impressions. In their stories, BronteRead MoreCritical Analysis on Voltaire’s Candide, â€Å"Eldorado†2027 Words   |  9 PagesThe story of Candide, â€Å"Eldorado† and what the meaning is, has been one of debate as to what Voltaire was interpreting in the story by some authors. The scene of Eldorado is the visual philosophy of Voltaire’s thoughts of what an ideal society would be. It is a land of richness and where there is a state of being equal in status, rights, belief, and opportunity; it is free of greed, clai ming titles or importance, religious strife or contention, and there is no suffering (Mason 55). Eldorado also bringsRead MoreVoltaire s Candide : The Folly Of Human Suffering1438 Words   |  6 PagesThere are two sides to every story. Indeed, while optimism may be initially perceived as a practical philosophy, Voltaire’s Candide proves this to be false. Originally published in 1759, Candide was written by Franà §ois-Marie Arouet (otherwise known by his pen name Voltaire) and employs satire in order to show the folly in Gottfried Leibniz’s prominent philosophy, Optimism. This philosophy reasons that, because god created everything and is perfect, than it follows that anything that may take place

Crypto Currency and Challenges in Auditing †MyAssignmenthelp.com

Question: Discuss about the Crypto Currency and Challenges in Auditing. Answer: The purpose of this mail is to provide a brief overview about crypto currencies and the challenges faced by the auditors while auditing the crypto currencies. Crypto currencies are currently spamming the environment, as they are one good source to earn income for people. In addition, there are many crypto currencies present in the environment (Narayanan, et. al., 2016). Further the below mentioned report explains the meaning of crypto currencies and the challenges related to them. A crypto currency is a digital currency that is created electronically and can be stored electronically in blockchains as well. This currency uses the encryption techniques to control the creation of monetary units and to verify the transfer of funds. Thus, this currency is very secure and safe as well. This is a digital asset that is designed to work as a medium of exchange (just like normal currency); it uses cryptography to secure its transactions. These are the virtual currencies are used in the stock market to increase the return on investments. The process opposes to the centralized electronic money and central banking systems (Park, et. al., 2015). The decentralized system of crypto currencies works through blockchains (public transaction database). Like, bitcoin, it was the first crypto currency introduced in the market in the year 2009. After bitcoin, many virtual currencies were introduced in the market. These currencies are frequently called altcoins, coming from the blend of alternative coins. In central banking systems, the Federal Reserve System, government etc. hold, control and supply the flow of currency and printing as well. Nevertheless, in the case of decentralized system of crypto currency, the firms, governments do not hold the authority to produce new crypto currencies in environment. A group of individuals known as Satoshi Nakamoto bases crypto currency on a technical system that was created (Mehta, Chakraborty, Choudhury, and Sharma 2017). Now, after bitcoin thousands of crypto currencies have appeared that work just like bitcoin in the environment. Further, most of the crypto currencies were designed just to decrease the production of physical currency and place an ultimate cap on the total amount of currency that is being circulated. The crypto currencies wallets store the public and private keys or address that are used to receive and spend the crypto currency. With the help of private key, one can write on the public ledger and spend the associated crypto currency and with the use of public key, it is probable for others to send currency to the wallet. It should be noted that these crypto currencies are not formed, printed or supplied physically; also they are not redeemable in another commodity like gold. Bitcoin, PPcoin, Namecoin, Spacecoin and Litecoin are some examples of crypto currencies present in the environment (Shapiro 2018). A person cannot value something that is only present in the virtual world. As it is noticed above that crypto currency is decentralized virtual money so the foremost difficulty faced by the auditors is to accumulate them. This currency has also created misbalance in the financial world as people do not know how to segregate them. Crypto currency cannot be actually regarded as a currency, the auditors do not know how to interpret them, as derivatives or securities or commodity as it can be segmented into any type (Chohan 2018). Thus, due to this issue, the auditors find it difficult to present these crypto currencies into books of accounts. Further the below mentioned are the issues faced by an audtor while accounting crypto currencies in a company: Revenue recognition and taxation: It is the duty of the auditor to evaluate the revenue and tax which is to be paid by an organization. It is not known that bitcoin are an asset or liability for the organization due to which they faces difficulty in revenue recognition and taxation activities. The companies might be liable to penalties if the tax paid is not relevant (Sutton, and Samavi 2017). Transparency: it is another major challenge faced by the auditors, although the transactions are completely transparent but the people related to the transaction are not known to anyone. Thus, there might be a case of money laundering and the auditor cannot identify this. Anonymity increases the chances of companies to act money-laundering activities and it is the liability of the auditor analyzes it and finds the culprit but due to lack of information they cannot complete this duty (Conley 2017). Volatility: The value of bitcoin keeps on fluctuating since released, the values even fluctuates in minutes due to which it becomes difficult to record the asset on their actual value. Recognition of less value might act as loss while recognition of higher value might show that the records are being tampered. The value of this digital currency is volatile due to which it might come as an obligation of the auditor to show the clear results of the financial statement. However, change in this value can make the auditors liable for the misrepresentation of the financial reports (Rooney, Aiken, and Rooney 2017). Thus, in the limelight of above mentioned events, it should be noted that crypto currencies are a great source for people to invest it as it repeatedly bring surplus returns on the investments within a short span of time. However, these currencies are digital and highly volatile which brings a challenge for the auditors to record them. It is the duty of the auditor to provide fine financial statement to the client but they face difficulty in recording this asset o liability due to which the financial statement also becomes corrupted. Hope you received a clear understanding about the concepts. References Chohan, U., 2018. Tethering Cryptocurrencies to Fiat Currencies Without Transparency: A Case Study. Conley, J.P., 2017.Blockchain Cryptocurrency Backed with Full Faith and Credit(No. 17-00007). Vanderbilt University Department of Economics. Mehta, I. S., Chakraborty, A., Choudhury, T., and Sharma, M., 2017, December. Efficient approach towards bitcoin security algorithm. InInfocom Technologies and Unmanned Systems (Trends and Future Directions)(ICTUS), 2017 International Conference on(pp. 807-810). IEEE. Narayanan, A., Bonneau, J., Felten, E., Miller, A. and Goldfeder, S., 2016.Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction. Princeton University Press. Park, S., Pietrzak, K., Alwen, J., Fuchsbauer, G., Gazi, P. (2015).Spacecoin: A cryptocurrency based on proofs of space(Vol. 528). IACR Cryptology ePrint Archive 2015. Rooney, H., Aiken, B. and Rooney, M., 2017. Q. Is Internal Audit Ready for Blockchain?.Technology Innovation Management Review,7(10), pp.41-44. Shapiro, D.C., 2018. Bitcoin Loans and Other Cryptocurrency Tax Problems.Journal of Taxation of Investments,35(2). Sutton, A. and Samavi, R., 2017, October. Blockchain Enabled Privacy Audit Logs. InInternational Semantic Web Conference(pp. 645-660). Springer, Cham.