The Roles of an Internal Auditor in Corporate Governance

Internal auditors are very important for healthy operations of companies. This function increases in significance with the size of the corporation. However, the functions that internal auditors perform are significant enough for every company, no matter how small, to have an expression of internal audit.Advertising We will write a custom essay sample on The Roles of an Internal Auditor in Corporate Governance specifically for you for only $16.05 $11/page Learn More There is debate on the best governance structure to use to derive the best value from an internal audit unit. Corporate governance structures include all stakeholders such as the shareholders, company staff and management, board of directors and regulators. There two options are having the internal auditors report to senior management or directly to the organizations board. Boards have the role of ensuring that internal controls work, which makes it very important for them to have the services of the internal audit team. â€Å"An effective internal audit function plays a key role in assisting the board to discharge its governance responsibilities† . The following are the key functions of an internal auditor. Risk Evaluation The first role that internal auditors play in corporate governance is risk evaluation. It involves the identification of processes that carry significant risks for the company. While many of these risks are financial in nature, the process cuts across all operations that have an influence on the financial standing of the company. For instance, internal auditors care about information systems because of the financial risks that a security lapse in information systems may cause. Tracking Fraud and Irregularities The second role that internal auditors play is that they help the organisation to track fraudulent activities and other financial irregularities. Fraud comes about when an individual or group of people try to get dishonest gain. Such indi viduals can be insiders or outsiders. Irregularities refer to financial processes that do not conform to proper policies. The internal audit office acts like the first line of defence against these schemes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Analysis of Efficacy of Corporate Governance Processes The next role that an internal auditor plays is that of policing the efficacy of the corporate governance processes. Corporate governance manifests most clearly in the financial management systems. As the auditor polices the entire financial system in the organization, he makes it possible for the organization to tell just how strong its corporate governance processes. Tracking the Value of Assets Another important role that the internal auditor plays for an organization is tracking the value of assets for the company. As the person who keeps the asset register, an internal auditor adju sts the value of the assets to reflect the impact of inflation, depreciation and appreciation of the value of assets. These changes come because of the changes in both the internal and external environment. This information is important because it affects the values on the balance sheet, which in turn affects the shareholder relations. The structure and value of assets forms an important part of the decisions executives take in as far as the goals of the organization. This impact makes an internal auditor a very significant player in the corporate governance process. Review of Corporate Performance in Operations and Financial Issues The internal auditor provides a global view of the corporate performance and its financial issues. This role is very critical when conducting analysis to determine whether the organization made profits or losses. These reviews reflect the effectiveness of the corporate governance processes such as business planning and implementation. The advantage an in ternal auditor has over an external auditor is the capacity to trace small changes in the company’s financial deals that may point towards future profits or losses. Recommendation of Policy Actions Another important role that an internal auditor plays is that he develops policy recommendations for the organization to enable it to improve its corporate governance processes.Advertising We will write a custom essay sample on The Roles of an Internal Auditor in Corporate Governance specifically for you for only $16.05 $11/page Learn More Since the internal auditor spends a lot time investigating the lapses in the corporate governance process, he tends to become an internal consultant on the things that the company can improve. The execution of this function improves in organizational structures where internal auditors report to board. One of the new frontiers that internal auditors must deal with comes from the impact of businesses trading online. It is now possible to cause a lot of damage to a company’s reputation from any location in the world. There is an increasing rate of fraud from online sources. Cases of identity theft are also increasing including impersonation and hacking of servers. Internal auditors are gaining prominence as the first line of defence against these emerging issues in the online environment because of their unique place in detecting suspicious activity. Conclusion In conclusion, the role that an internal auditor plays in the corporate governance process depends on the organizational structure of the particular organization. An internal auditor has the responsibility of raising the red flags and providing the alternative courses for their parent companies. They act as sentinels for the company providing early warning and ensuring that the company’s decision making organs have the best information to make sound decisions in the corporate governance process. Reference List KPMG, 2003. Inte rnal Audit’s Role in Modern Corporate Governance. Hong Kong: KPMG KPMG. Schartmann, B., 2007. The Role of Internal Auditing in Corporate Governance in Europe: Current Status, Necessary Improvements, Future Tasks. Berlin: Verlag.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This essay on The Roles of an Internal Auditor in Corporate Governance was written and submitted by user Emiliano Gould to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Leslie Fay Case Essay Essay Example

Leslie Fay Case Essay Essay Example Leslie Fay Case Essay Paper Leslie Fay Case Essay Paper 1. After reexamining the common size fiscal statements and the cardinal ratios of Leslie Fay. there some of the fiscal statement point that should hold been of peculiar involvement to BDO Seidman: 1 ) . Gross saless: the gross revenues has been turning steadily except the little bead in 1991. which is contrary to the industry recession. 2 ) . Inventory: Leslie Fay has been known for non catching up the manner. there should be inventory write-off issue in the dress industry. which haven’t been reflected in the stock list history though. 3 ) A/R: ever a high spot because of its nature of concealment fraud 4 ) . Other assets account: the current and speedy ratio of Leslie Fay is significantly higher than the industry norm. 5 ) . Liability history: A/P and debt. to see if understated. 2. Other fiscal info that the hearer might hold obtained: 1 ) . The contract or understanding of Leslie Fay and section shops to verify the A/R and liability 2 ) . Documentation with its client sing its orders 3 ) . Its recognition and bad debt write-down policy 3. Non-financial factors the hearer should see: 1 ) . The industry 2 ) . Impact of economic system on this peculiar industry and company 3 ) . The company’s construction. history and forces 4 ) . Government ordinances that have influenced or will demo the attempt on the company 4. Paul Polishan’s laterality has double deductions on the audit: 1 ) . Suppose he’s a morally-impeccable individual who did everything right and held high unity and duty towards the company. his laterality still shows an internal control failing which lack the segregation of responsibilities. Such system is prone to the fraud and if Mr. Polishan is ill or absent from work for whatever ground. the finance section might non work good. 2 ) . Mr. Polishan’s laterality explained the fraud he perpetuated and hid. The audit should take this into consideration when be aftering the audit. Mr. Polishan’s laterality might bespeak a weak internal control system. which should be evaluated at higher hazard and more substantial trial should be planned thenceforth. The audit should besides ask more people. including other staff in the finance section and the company’s providers to verify the histories instead than seting inordinate religion in what Mr. Polishan has tried to hold the audit believe. 5. SEC ruled that BDO Seidman’s independency was jeopardized because it’s been foolhardy in scrutinizing the ruddy flags shown in Leslie Fay’s fiscal statements. J. B. Hanauer A ; Co Case 1. Receivables from clients and other securities firm houses normally histories for 90 % or more of a brokerage’s entire assets. enforcing the biggest internal control hazard. The specific hazards of J. B. Hanauer includes: the extended duty of its gross revenues staff. The hearer hasn’t sufficiently taken this into consideration and didn’t decently look into these hazards. Their uncertainties were allayed by the Hanauer’s response to the SEC countenances. 2. Hanauer’s hearer sent out the verification missive to verify the being of the history receivables and its dollar value. 1 ) For the first type of history which carries recognition balances represented clients to whom Hanauer owed hard currency at year-end. the hearer aim is to verify the hard currency balance is right under the right name. 2 ) For the 2nd type stand foring clients who owed hard currency to the securities firm house. the hearer aim is to verify the firm’s non exaggerating it. 3 ) For the 3rd and 4th group. the hazard is much smaller since there are small room for the house to pull strings them. 3. For the histories the client didn’t want confirm. the extra processs may include: enquiry of the direction and gross revenues individual. read certifications about these histories and dealing history and resign if the client insists on non leting them to corroborate these histories. 4. Material audit range restriction is some actions from the client taking to the dollar value large plenty to act upon the user of its fiscal statements if non disclosed. I wholly agree with SEC that Hanauer’s direction imposed a stuff range restriction on the audit because the dolar value of unmailed verification histories for 18 % to 26 % of dollar value of histories selected for verification. which is extremely material. 5. The audit client should be allowed to â€Å"follow† its engagement audit spouse to another accounting house because it evidently breach the independency of the hearer after hammering a relationship with the clients. SOX specified the â€Å"cooling-off† period for the hearer from come ining the client direction. this serves the same intent as good. Flight Transportation Corporation Case 1. Memo: Thirty. Twenty. 1980 Harrington. With respects to the FTC’s 5. 2 1000000s of air charter grosss from IAS. I didn’t happen Rubin’s accounts converting for deficiency of certification for those minutess. Due to the extremely materiality and nature of this dealing. I suggest us to farther pursue those grosss for the proper certification. I retain my sentiment on this issue until the farther grounds. Should we discourse this affair or convey it to the higher degree. allow me cognize. Gregory Arnott 2. Measures accounting houses can follow to take down hazards that hearers will capitulate to their higher-ups when proficient dissensions originate during the audit: 1 ) Internal control system that segregate responsibilities. forestalling the laterality of certain cardinal employees 2 ) By-laws that prevent the right of staff from describing to a higher degree when placing fraud 3 ) Regular reappraisal and rating of each staff 3. If I was the staff hearer who discovered the fake air charter gross. I assume I have the duty of conveying it to the attending of higher degree. I would describe to my immediate directors to discourse the farther steps. if he refuses the farther investigate. I’ll write a memo to disassociate myself from Harrington’s determination to accept those gross. 4. Additional audit processs applied to the 1981 FTC Cayman gross include: 1 ) Confirmation or surprise visit to the Cayman ltd. 2 ) Review the certification of contract with Cayman to place the nature of the dealing 3 ) Have the FTC direction supply a written memo explicating the gross of related party dealing. 4 ) Research or analysis of the intervention of those related party dealing. 5. Defects in the auditor’s verification process: a ) Went to Rubin to corroborate the gross from Cayman. He’s evidently non the right individual to travel. B ) Accepted Rubin’s account for the IAS gross without the proper certification. degree Celsiuss ) No farther grounds was intended to be achieved. 6. Other particular hazards of the audit: the weak internal control system. deficiency of certification. industry recession. demand of big capital to finance operation. concentration of gross from one major client. 7. Specific steps audit houses can take to guarantee that client-imposed force per unit area does non adversely impact the quality of an independency audit: 1 ) . Clearly define the duty and right in the engagement missive 2 ) . Seasonably and proper communicating with the client in footings of their outlook being excessively high or non 3 ) . Working with the client’s audit commission to acquire through the job instead than straight with client’s direction 4 ) . Vacate if the force per unit area is inordinate to the point that jeopardize the quality if the audit

Slaves Who Built the White House

Slaves Who Built the White House It has never been a closely held secret that enslaved Americans were part of the work force that built the White House and the United States Capitol. But the role of slaves in the building of great national symbols has generally been overlooked, or, even worse, purposely obscured. The role of enslaved workers had been so widely ignored that when First Lady Michelle Obama made reference to slaves building the White House, in her speech at the Democratic National Convention in July 2016, many people questioned the statement. Yet what the First Lady said was accurate. And if the idea of slaves building symbols of freedom such as the White House and Capitol seems odd today, in the 1790s no one would have thought much of it. The new federal city of Washington would be surrounded by the states of Maryland and Virginia, both of which had economies that depended on the labor of enslaved people. And the new city had to be constructed on the site of farmland and forests. Countless trees had to be cleared and hills had to be leveled. When the buildings began to rise, massive amounts of stone had to be transported to construction sites. Besides all the grueling physical labor, skilled carpenters, quarry workers, and masons would be needed. The use of slave labor in that environment would have been seen as ordinary. And that is probably why there are so few accounts of the enslaved workers and exactly what they did. The National Archives holds records which document that the owners of slaves were paid for the work performed in the 1790s. But the records are sparse, and only list slaves by first names and by the names of their owners. Where Did the Slaves In Early Washington Come From? From the existing pay records, we can know that the slaves who worked on the White House and the Capitol were generally the property of land owners from nearby Maryland. In the 1790s there were a number of large estates in Maryland worked by slave labor, so it would not have been difficult to hire slaves to come to the site of the new federal city. At that time, some counties of southern Maryland would have contained more slaves than free people. During most of the years of construction of the White House and Capitol, from 1792 to 1800, the commissioners of the new city would have hired about 100 slaves as workers. Recruiting the enslaved workers may have been a fairly casual situation of simply relying on established contacts. Researchers have noted that one of the commissioners responsible for building the new city, Daniel Carroll, was a cousin of Charles Carroll of Carrollton, and a member of one of Marylands most politically connected families. And some slave  owners who were paid for the labor of their enslaved workers had connections to the Carroll family. So its conceivable that Daniel Carroll simply contacted people he knew and arranged to hire enslaved workers from their farms and estates. What Work Was Performed By Slaves? There were several phases of work that needed to be done. Firstly, there was a need for ax men, workers skilled at felling trees and clearing land. The plan for the city of Washington called for an elaborate network of streets and wide avenues, and the work of clearing timber had to be done fairly precisely. Its likely that owners of large estates in Maryland would have had slaves with considerable experience at clearing land. So hiring workers who were quite competent would not have been difficult. The next phase included moving timber and stone from forests and quarries in Virginia. Much of that work was probably done by slave labor, laboring miles from the  site of the new city. And when the building material was brought to the site of present day Washington, D.C., by barges, it would have been transported to the building sites on heavy wagons. The skilled masons working on the White House and Capitol were probably helped by tending masons, who would have been semi-skilled workers. Many of them were probably slaves, though its believed that free whites and enslaved blacks worked at those jobs. A later phase of construction required a considerable number of carpenters to frame and finish the insides of the buildings. The sawing of large amounts of lumber was also likely the work of enslaved workers. When the work on the buildings was finished, its assumed that the enslaved workers returned to the estates where they had come from. Some of the slaves might have only worked for a single year, or a few years, before returning to the enslaved populations on Maryland estates. The role of the slaves who worked on the White House and Capitol was essentially hidden in plain sight for many years. The records existed, but as it was an ordinary work arrangement at the time, no one would have found it unusual. And as most early president owned slaves, the idea of slaves being associated with the presidents house would have seemed ordinary. The lack of recognition for those enslaved workers has been addressed in recent years. A memorial to them has been placed in the U.S. Capitol. And in 2008 CBS News broadcast a segment on the slaves who built the White House.

Corporate Governance Case Study Example | Topics and Well Written Essays - 500 words

Corporate Governance - Case Study Example There was the lack of faith since the association was not sufficient enough. There was also lack of faith making the affiliation have some distance. During the old times, firing was mantle and euphemized. Long ago, Corporate embraced the straightforward system of firing to outline dismissals. Many panels took some pleasure in announcing to the world that they dismissed an individual (Feintzeig 1). While currently, staff are sent off softly with a declaration that the leader would step down to be with family for some time or follow other importance. However, at present, businesses go to the extent of declaring that the bosses have been dismissed and even go a step forward to give features. Supervising and dismissal is an element of the board of directors because, corporate supremacy is their responsibility. The board of directors presides over the corporation keeping an eye on the organization and stands for the concern of the company’s shareholders. Companies must have their director’s vote for by the investors. Therefore, they have a fiduciary obligation to their investors, who are their firm’s proprietor. The managers as well as commercial officials can be apprehended legally responsible for deteriorating to convene their fiduciary obligation to investors (Feintzeig 2). Firing for cause is based on little set of reasons in connection to the worker’s conduct such as disobedience. It means that the action by the worker has permanently injured the connection among the boss and the worker. While in termination with no reason, the worker is being dismissed for motives that do not connect to bad behavior. Those dismissed are normally given some money. Being fired for or no grounds, when the employee did not do anything, depends on the service rank and particularly on whether the worker is on at-will member of staff. The stigma of being dismissed was a major shock. It also consequences to despair, increase prime rates and scarcity in

Industrial Placement Case Study Example | Topics and Well Written Essays - 3000 words

Industrial Placement - Case Study Example This clearly implies that poor performance of the human resource is hazardous to the organisation. One of the major human resource issues faced by most organisations is the high rate of employee turnover. Problems arise in many organisations as a result of unethical practices of the management towards the employees. This leads to more employee grievances and, in turn, affects the smooth functioning of the organisation. Increased rate of employee grievance is also a cause for high employee turnover. A good human resource management can help to solve the human resource issues of an organisation. Initially it was the personnel department who dealt with the employees in the organisation. But the personnel department only dealt with the technical aspects of the employees such as staffing, remunerating etc. Later on, human resource management became a separate department to look after the welfare of the employees at the work place. "Personnel management is more administrative in nature, dealing with payroll, complying with employment law, and handling related tasks. Human resources, on the other hand, are responsible for managing a workforce as one of the primary resources that contributes to the success of an organisation." (N. Madison. 2007). The terminology changed from personnel management to human resource management when the significance of the human resources in an organisation's success was identified properly. The fact that human consideration has to be given to the employees paved way to the formation of human resource departments in the organisation. The main functio ns of the human resource management include recruiting, selecting, placing, controlling, remunerating and motivating the employees of the organisation. Though human resource management's function includes all the activities beginning from recruiting the staff the main objective of human resource management is to provide a good working environment for the employees so that the employees feel good at work. The employees should be provided with sufficient benefits and allowances apart from salary, on the basis of their performance and as per the statute governing the employees' welfare. Human resource management in an organisation is mainly based on the concept that the employees in an organisation are human beings and they are unlike other resources. Employees will have their own problems and difficulties at their workplace arising as a result of the problems in their personal life. And also human resource is a factor whose behaviour cannot be predicted by any means. This study is aimed at identifying the human resource issues existing in the hotel giant Sheraton Hotels and Resorts. The study is conducted in Sheraton New York Hotel and Towers located in New York City. Sheraton is one of the oldest and the best hotels in the world. Currently it has very good market share in the hospitality industry. The final report is addressed to the top level human resource executives of the company for helping them to resolve the problem. Objectives of the report The main objective of preparing this report is to study and analyze the major human resource issues existing in the organisation. The study is routed to some of the areas which were found to be unsatisfactory

death or dying Essay -- essays research papers fc

Photographs of Death or Dying; Are They Necessary It has been said that, it would be a good thing if newspapers published more photographs of death and dying. There are many reasons why people say that photographs of dead and or dying people should or should not be published by newspapers. For example, some people say that pictures of people dying should be published in newspapers because death is a huge part of life. While members of the opposition state that death should remain private, and it should not be published, especially in a newspaper. The argument for or against publishing pictures of death will be disputed forever, however, I believe that photographs of death are appropriate, and I will argue why I believe in the publishing of photos of death or dying. I believe that photographs of death or dying should very well be available for the to observe. Death is an inevitable part of life, it is going to happen, regardless of whether or not one wants it to occur. If death is a part of everyone’s life, why shouldn’t it be published? Perhaps if death were published in newspapers or magazines people would become less afraid of it because they know what death entails. Nora Ephron states â€Å"Death happens to be one of life’s main events. And it is irresponsible- and more than that, inaccurate- for newspapers to fail to show it† (Ephron 113). This quote is evidence that there are others that feel the same way as I do about this topic. Death is a part of life, and it should be av...

Family Relationship in Movie the Descendant Essay

The King’s family depicted in the movie â€Å"The Descendant† reflects the family live style and dynamic in many of the typical middle income families. The core values that the King’s family fostering, such as love the nature, honest to each other and the united of the family, are in rooted with their heritage as the Hawaiian. The tragic incident of the main character Matt King’s wife Elizabeth provides an opportunity for Matt to review his relationship with his seventeen-years-old daughter Alexandra and ten-year-old daughter Scottie. During the coma of Elizabeth, Matt learned how to be a real father. He is growing with his daughters and building a strong relationship within his family. The author believes the King’s family in this movie set an adequate role model for families to learn how to reestablish a dysfunctional family to a healthy family. Primary Relationships Matt King is a lawyer specialized in real estate transaction. He is also a sole trustee of 25,000 aces of Kauai virgin land passed from his ancestor. He lives with his wife Elizabeth, older daughter Alexandra, who is 17 years old and a younger daughter Scottie, who is 10 years old in Hawaii. Matt is too concentrated to his work. He has very little time to be with his family members. He neglected his wife, he has not seriously talk to his wife for years, in fact, he hasn’t talk to his wife three days before she had the boating accident and dying in the hospital. He doesn’t involve much with his daughters; he thinks that taking care of the daughter is her wife’s responsibility. Since Matt hardly has time to Elizabeth, she has spend many her time in playing motor boat racing; parting with her friends, and heavily drinking. Until 23 days ago, she had an accident on her boat which was driving by her friend. Alexandra is in a boarding school because her parents want to discipline her with alcoholic and dating with older man issues. She loves her family members, however, she refused to talk to her mother after last Christmas because she found out that Elizabeth was dating another man, and she was angry with her for betraying her marriage. Scottie was a lost young girl. She has difficulty to make friends at school; she often uses inappropriate body language and profanity language when talking with people during she was angry. She likes to put on Alexandra’s under dress to express her eagerness of being a big girl. All the behavior of Scottie is try to get people’s attention. She wants people to care of her feeling and interact with her more. She revealed that all the behaviors and languages were learned from Alexandra. Scott is Elizabeth’s father. He loves Elizabeth dearly. In his eye, Elizabeth is a strong and thoughtful girl; she devoted one hundred percent to her family; and takes good care of the daughters. No one can compare with her, even the granddaughters. Family’s Developmental Stage King’s family was living in a nuclear family with adolescent girl and young girl before the wife, Elizabeth was comatose. The absent of mother in the family, turned Matt, the father from a backup parent to in charge. The daughters have to adapt their father’s new role and live with a single parent; while all of the family members have to accept the death of Elizabeth. Before Elizabeth was hospitalized, this family was a dysfunctional family already. With Elizabeth alcoholism and life risk motorboat racing hobby, workaholic Matt, alcoholic recovery Alexandra, and left alone Scottie; the family was in the movement of centrifugal. It seems that Matt and Elizabeth did not have a parents system in the family. They did not set the clear boundaries to their daughters. Their daughters do not respect them and they do not have authorities. When Matt started to take charge of the family, he self-examination the family’s development, and decided to change from a distance father to be a caring father. He constantly reminding his daughters to use the appropriated language and talking with people with respect, event the mother was not able to listen, they still need to talk to her the was to pay their respect. He draws a very clear boundary for their daughter of being respect to parents and grandparents. The family crisis of losing the mother provided a chance for them to be more closed to each other. Alexandra reflected from Scottie’s behavior and started to be a better role model for her young sister; she is lso a main support for her father to recover from the hurtful feeling of wife’s infidelity, and defending her grandpa’s incorrect accusation of her father treating her mother. Scottie’s behavior is getting less dramatic. Matt and Alexandra spend time with her and educate her about selecting the right friend and avoid the bad influence her friends. Without the mother in their life, the structure of the family changed. Alexandra alliance with the fath er and they make the family reacted to the crisis more positive and reduced the negative impact to the minimum. The family slowly moves toward the centripetal. Family’s style of communication The family had a poor communication system before the tragic incident of Elizabeth. Matt neglects her wife; he had not talked with her for three days before the comatose and had not talked with her for serious matter for ten years. Matt also not communicate with his daughters well neither. He did not talk with her younger daughter since she was three years old. When Matt and Elizabeth found out the problem of her older daughter, they put her in boarding school. There were frequent verbal fighting in the family; Matt with Elizabeth, Elizabeth with Alexandra, and Alexandra with Scottie; for the issues of what they want. When Matt took charge of the family during Elizabeth was hospitalized, he often gave order to the daughters and the daughters often ignored him and kept to do things their way. At the last stage of the movie, the family life cycle has changed and they must to learn how to communicate better in order to live in a functional and health family. The non-verbal communication style in the last scent indicated that they are moving toward that direction. Strengths, Weakness and Clinical Problems The strength of the family is they love each others; they treasure the family as a whole and against anyone who try to break their unity. The weakness of the family is they lack of communication skill, they don’t devote enough time to each other as a family. Matt and Elizabeth have challenge on parenting their daughters. Matt complaining Elizabeth for not being a good role model and Elizabeth complaining Matt for neglecting her and the daughters only bought the high tension in the family, but not solve the problem. The couple has marriage issue and Matt may better take Elizabeth’s advice to seek professional help together. For their daughters’ behavior issues, they could go to family counseling together. Matt was being accused by Elizabeth about his out of touch of his own feeling; he could talk to the therapist how to feel about this accusation. Therapist could help Elizabeth find a better way to handle the drinking issue and the feeling of being neglect by Matt. Therapist could discuss with Alexandra what is the underneath cause to her drinking problem and wanted to data the older person. Therapist could talk to Scottie and help her to see the cost and benefit of using profanity language and inappropriate body language. As a whole family, therapist could guide them using effective language to address their concerns and avoid any angry complains. Have each of the family members to agree on getting a regular family time to bond their relationship. Relevant Gender Concerns Matt and Elizabeth were growing up in the Hawaii, and Matt has the blood of the indigenous royalty of Hawaii. The met in the law school and established their family later. The only relevant cultural concern would be the male supremacy. This reflected from the Elizabeth who had to stay home to take care of the daughters with a law degree, but Matt is devoted hundred percent of his effort and time to his law firm. Conclusion In the family development, it is normal to have family structure change and experience some different degree of family crisis. Some families can survive from the change or crisis; they adapt the new situation and move on to form a healthy family relationship. Some families cannot sustain the impact of the change or crisis; they fell apart and each of them develop a different kind of symptoms and hard to stay as a family anymore. With King’s family illustration, the author believes, if every family members willing to take their responsibilities, setting a goal for helping each other to living a better life, remaining family unity and love each other as their core value, having effective strategies, such as making clean boundaries from parent to children and making new alliance to a subsystem, then, such family will be not only survive but evolve from the crisis and living in a much healthier and functional family.