Supreme Court Decision Essay Example | Topics and Well Written Essays - 500 words

Supreme Court Decision - Essay Example The evidence culled through these text messages intercepted by the police, when considered, does establish beyond any doubt that the accused was indeed engaging in unreasonable activities, which jeopardized the lives of the innocent citizens. Thereby the initiation of the interception of the text messages of the accused by the police, considering the fact that the police was under an immense pressure to act in time, to avoid any further loss of life of the innocent citizens, was no way unreasonable. This act of the police when seen in the larger context seems totally reasonable. It does need to be mentioned that the â€Å"trespass doctrine† facilitated by Olmstead v. United States (1928) if applied to the situation under consideration, validate the interception of Doe’s text messages by the police without invoking any violation of the Fourth Amendment Rights, as the police while doing so no way violated the essential dignity of the accused as a human and as a citizen. Besides, the two pronged test propounded in Katz v. United States (1967), when applied to the issue under consideration does nullify the appeal made by the accused. While exchanging the text messages associated with his illegal activities, the accused was no way exhibiting an expectation of privacy as he was well aware that he was exchanging these text messages with the intention to facilitate his unlawful activities, and thereby, through the exercise of commonsense, was well aware that such messages and communications would attract the well deserved attention of the law and order machinery. Doe was well aware that he was relying for the exchange of these text messages on the services sold by the local cell phone carrier, and in the light of United States v. Miller (1975), Doe’s rights were not infringed upon if the company as a third party, entrusted his text messages to the police, guided by the belief that it was its legal and constitutional duty to help the police. Beside s,

Discuss problems arising from IAS 17 Leases Essay

Discuss problems arising from IAS 17 Leases - Essay Example In a globalized economy leasing activities are increasing in magnitude as businesses strive to improve competitiveness through cost reduction and improved quality of products and services (IFRS Foundation, 2013a). Therefore, changes in accounting standards for leasing will influence the overall preparation of financial statements. Leasing is of great significance to the business entities. â€Å"It is a means of gaining access to assets, obtaining finance, and of reducing an entity’s exposure to the risk of asset ownership† (IFRS Foundation, 2013a, p.5). Initially, the prevailing accounting model for leases required the lessors and lessees to recognize and categorize leases either as finance leases or operating lease. Also, it required them to maintain a separate account for leases. The financing lease used to finance equipment for the most of its useful life and lessee would take the ownership of the equipment after the lease period. On the other hand, operating lease financed equipment for a period less that its useful life and lessee returned the leased equipment to the lessor without any obligation of transfer of ownership. However, the model failed to fulfill the needs of users because it did not recognize assets and liabilities relating to operating leases. This led to the adoption of IAS 1 17 Leases (IFRS Foundation, 2013a). The application of IAS 17, Leases requires the lessee to establish items and maintain track of all right-to-use assets. It requires comprehensive sub-ledgers and creates the need for the establishment of discrete â€Å"property, plant and equipment sub-ledgers for the right-to-use assets† (IFRS Foundation, 2013a, p. 5). In addition, the lessee has to establish a scheme to ascertain each lease as a component of right-to-use asset category. However, the International Accounting Standards 17 (IAS 17),