PCAOB Inspections and Market Repercussions; Is There A Relationship?

This study tests whether the PCAOB achieves its goals of issuing inspection reports that provide meaningful and value-adding information for external investment decisions, as measured by investor reaction. The study measures informative value by examining cumulative abnormal stock returns of all companies that had an auditor inspected in 2012. Also tested was \u27Big Four\u27 versus other annually inspected firms, as well as 12 significant industries. This study provides statistical evidence that investors respond to PCAOB inspection reports, the responses of which are typically positive. These results demonstrate that investors recognize inspection reports as value-relevant, and consquently use them to make informed investment decisions

The Constitution and International Agreements or Unilateral Action Curbing “Peace-Imperiling’ Propoganda

Non-spherical particles are present all around us, in biological, industrial and environmental processes. Making predictions of their impact on us and systems in our vicinity can make life better for everyone here on earth. For example, the ash particles from a volcano eruption are non-spherical and their spreading in the atmosphere can hugely impact the air traffic, as was also proven in 2010. Furthermore, the orientation of the wood fibres in a paper sheet influences the final properties of the paper, and the cause of a specific fibre orientation can be traced back to the fluid flows during the manufacturing process of the paper. In this thesis, experimental and numerical work is presented with the goal to understand and utilize the behavior of elongated particles in fluid flows. Two different experimental setups are used. The first one, a turbulent half channel flow, aims at increasing the understanding of how particles with non-zero inertia behave in turbulence. The second setup is an attempt to design a flow field with the purpose to align nanofibrils and create high performance cellulose filaments. Experiments were performed in a turbulent half channel flow at different flow set- tings with dilute suspensions of cellulose acetate fibres having three different aspect ratios (length to width ratio). The two main results were firstly that the fibres agglom- erated in streamwise streaks, believed to be due to the turbulent velocity structures in the flow. Secondly, the orientation of the fibres was observed to be determined by the aspect ratio and the mean shear, not the turbulence. Short fibres were oriented in the spanwise direction while long fibres were oriented in the streamwise direction. In order to utilize the impressive properties (stiffness comparable to Kevlar) of the cellulose nanofibril in a macroscopic material, the alignment of the fibrils must be controlled. Here, a flow focusing device (resulting in an extensional flow), designed to align the fibrils, is used to create a cellulose filament with aligned fibrils. The principle is based on a separation of the alignment and the assembly of the fibrils, i.e. first align the fibrils and then lock the aligned structure. With this process, continuous filaments were created, with properties similar to that of the wood fibre at the same fibril alignment. However, the highest alignment (lowest angle) of the fibrils in a filament created was only 31o from the filament axis, and the next step is to increase the alignment. This thesis includes modeling of the alignment process with the Smoluchowski equation and a rotary diffusion. Finding a model that correctly describes the alignment process should in the end make it possible to create a filament with fully aligned fibrils.QC 20140908</p

Stokes IQUV mapping of α2\alpha^2 CVn & other Ap stars using ESPaDOnS and NARVAL

New spectral line polarisation observations of 7 bright Ap stars have been obtained with the ESPaDOnS and Narval high resolution spectropolarimeters (Silvester et al. 2012). The aim of this data set is produce a series of surface magnetic field and surface chemistry maps for these Ap stars. We present new magnetic maps for the Ap star $\alpha^2$ CVn using these new data and the MDI inversion code INVERS10. $\alpha^2$ CVn is the first Ap star to be observed during two separate epochs using high resolution phase resolved spectropolarimetric $IQUV$ observations and as such allows us an insight into how stable the surface magnetic structure is over a decade timescale. We show that the new maps give a magnetic field structure consistent with the previous maps obtained by Kochukhov and Wade (2010) from lower quality MuSiCoS spectra taken a decade ago and that the field topology cannot be described by a dipolar or quadrupolar field.Comment: 6 pages, 3 figures. Proceedings of New advances in stellar physics: from microscopic to macroscopic processes (Roscoff 2013

The magnetic field topology and chemical abundance distributions of the Ap star HD 32633

Previous observations of the Ap star HD 32633 indicated that its magnetic field was unusually complex in nature and could not be characterised by a simple dipolar structure. Here we derive magnetic field maps and chemical abundance distributions for this star using full Stokes vector (Stokes $IQUV$) high-resolution observations obtained with the ESPaDOnS and Narval spectropolarimeters. Our maps, produced using the Invers10 magnetic Doppler imaging (MDI) code, show that HD 32633 has a strong magnetic field which features two large regions of opposite polarity but deviates significantly from a pure dipole field. We use a spherical harmonic expansion to characterise the magnetic field and find that the harmonic energy is predominately in the $\ell=1$ and $\ell=2$ poloidal modes with a small toroidal component. At the same time, we demonstrate that the observed Stokes parameter profiles of HD 32633 cannot be fully described by either a dipolar or dipolar plus quadrupolar field geometry. We compare the magnetic field topology of HD 32633 with other early-type stars for which MDI analyses have been performed, supporting a trend of increasing field complexity with stellar mass. We then compare the magnetic field topology of HD 32633 with derived chemical abundance maps for the elements Mg, Si, Ti, Cr, Fe, Ni and Nd. We find that the iron-peak elements show similar distributions, but we are unable to find a clear correlation between the location of local chemical enhancements or depletions and the magnetic field structure.Comment: 15 pages, 11 figures, accepted for publication in MNRA

Family support for stroke: one year follow up of a randomised controlled trial

Background: There is evidence that family support can benefit carers of stroke patients, but not the patients themselves. Objective: To extend the follow up of a single blind randomised controlled trial of family support for stroke patients and carers to one year to ascertain whether there were any late effects of the intervention. Methods: The study was a randomised controlled trial. Patients admitted to hospital with acute stroke who had a close carer were assigned to receive family support or normal care. Families were visited at home by a researcher 12 months after the stroke, and a series of questionnaires was administered to patient and carer. Results: The benefits to carers mostly persisted, though they were no longer statistically significant because some patients were lost to follow up. There was no evidence of any effects on patients. Conclusion: Family support is effective for carers, but different approaches need to be considered to alleviate the psychosocial problems of stroke patients. Abbreviations: FSO, family support organiser; SF-36, short form 36 item health assessment questionnaire Keywords: caregiver; family support; stroke In recognition of the impact that stroke has on carers as well as patients,1 services such as Stroke Association family support have been developed in the United Kingdom which provide information, emotional support, and liaison with other services. The service maintains contact through a combination of home and hospital visits and telephone calls. In the Oxford family support trial, we found that this service was associated with significantly improved quality of life of carers at follow up six months after the stroke, but had no effects on patients.2 Other randomised controlled trials of the service in other areas have also found no evidence of benefit to patients with follow up varying from four to nine months after recruitment.3,4 The lack of benefit to patients may be attributable to the short duration of follow up in these trials. The service usually maintains contact with a family for a year, and some patients spend a significant proportion of the first six months in hospital, during which time family support might be anticipated to have less impact. We carried out a second follow up of participants in the Oxford trial to investigate the effects of family support on patients and carers one year after the stroke