Monday, July 27, 2020

International Accounting Standards

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There are two important trends in the financial reporting the U.S.'s GAAP and UK's IAS. More and more countries are converting to the International Accounting Standards (IAS). The U.S. should learn the IAS it's the future of financial reporting.


International Accounting Standards Committee (IASC) was formed in June 17. Most countries recognize the need for more uniform standards and that's how IASC was formed. IASC's standard is to work generally for the improvement and harmonization of regulations, accounting standards and procedures relating to the presentation of financial statements. IASC lasted until 001 and then came International Accounting Standards Board. In 174 the first associate members admitted were Belgium, India, Israel, New Zealand, Pakistan and Zimbabwe


In 177 International Federation of Accountants (IFAC) was international professional activates. In 181 IASC got complete control in setting of international accounting standards. Now members of IFAC became members of IASC.


On April 001 the IASC gave up accounting standards responsibilities to IASB. The IASC Foundation is the body of IASB and independent accounting standard setter based in London, UK. IASB has responsibility for setting accounting standards. The IASC Foundation is a non-profit corporation and is privately funded. It has five bodies the Trustees, the IASB, Standards Advisory Council and International Financial Reporting Interpretations Committee. The Trustees oversee the whole organization and raise funds for the organization. The Trustees also select the IASB members. The IASB's board members consist of fifteen and come from nine countries. The Board is devoted to developing in the public interest, clear and enforceable global accounting


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standards that require transparent and comparable information in general purpose financial statements. And the Board helps with national accounting standard setters to achieve meeting in accounting standards around the world.


IAS is gaining widespread use and recognition around the world. Many countries already endorse International Accounting Standards as their own without amendment or with little change. The global business community is responding quickly to the IASB's efforts to develop uniform global accounting standards. The European Commission recognized that it couldn't use the U.S. GAAP. It considers that IAS provides a comprehensive set of standards for financial reporting that is albe to serve the needs of the international business. The European Commission thinks that the IAS has the advantage of being developed with an international outlook. The European Commission is progressing proposals that will require all listed companies in the European Union to prepare their consolidated financial statements using IAS. This regulation will require 7000 companies in the Europe Union to unite their financial statements under IAS starting 005. Many leading companies in the European Union already stated their financial reports in agreement with IAS. It is expected that companies with listed debt in the European Union will be required to report IAS results by 007. This new rule will change the accounting procedures for European Union companies; it will not be easy ("IASB").


Many developing and newly industrialized nations like Nigeria and Singapore have adopted IASC standard as their national standards. The most significant international developments are the adoption IAS by at least fifteen new different


countries around the world. European Union, Australian, and Russian companies and others will be required to us IAS in the next few years.


The Securities and Exchange Commission (SEC) indicated that it would allow foreign companies to use IASC standards in securities offerings in the United States it the IASC met the three conditions. The IASC is making substantial progress with conditions. It is entirely possible that the SEC will accept IASC standards in the near future. If this happens many U.S. companies will petition to use IASC stands instead of U.S. standards. It is better that all companies follow the same standards. Under the IAS users of financial information will find it easier to make comparisons among companies in different countries.


U.S. standards have been criticized for being overly detailed and complex and containing on/off switch rules that worship the form and not the substance of the transactions ("IASB").


The IASB is a set of global accounting standards to provide common financial language for the world's capital markets and make it easier for financial statement users to understand and compare financial information.


Convergence of accounting standards is the centerpiece of the efforts to build a global financial reporting infrastructure. The desire for convergence of accounting standards is greater than ever. Achieving this would greatly aid cross border investing and decision-making.


Please note that this sample paper on International Accounting Standards is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on International Accounting Standards, we are here to assist you. Your cheap research papers on International Accounting Standards will be written from scratch, so you do not have to worry about its originality.


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Friday, July 24, 2020

Teenage Drinking – How Much of a Problem is it?

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I have been carrying out some research about teenage drinking. There is an increasing concern about teenagers and their consumption of alcohol so I decided to find out how teenagers get their alcohol, why and where they drink, what the effects and consequences of teenage drinking can be. I also tried to find out what is being done to deal with the problem associated with teenage drinking.


In my written text where and why teenagers drink, I found that teenage drinking is an increasing problem. Most teenagers start drinking because they are bored and/or they want to be in with the crowd. "Teenagers think that if they start drinking they will be accepted by the popular people." In my studies I have found that after the Government passed the law to lower the drinking age from 0 years to 18 years that a younger age group has been exposed to alcohol. If the drinking age was still 0 some younger teenagers would still get alcohol, but there would not be as many because they would not have friends old enough to buy it for them.


The Drug Policy Research Centre in the USA says, "…that attempts to control teen alcohol consumption should focus less on prevention of initiation or any use and more on prevention of misuse." One of the many concerns is the long-term health issues like having a stroke at an early age and serious liver damage. Another concern is memory loss and constant tiredness. Alcohol attacks the heart's efficiency at pumping blood through the kidneys, which normally filter excess salt and water out of the blood. The blood volume can rise and cause a fatal back up of fluid in the lungs.


Lots of teenagers feel that they need to drink in social situations, where they feel uncomfortable and are not confident. Alcohol helps to relax the drinker and also helps them to be less self-conscious so they let loose and behave more sociably.


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Having a drink in a social situation is acceptable but the drinker needs to know when they have had enough. They don't need to drink a lot just so they can get drunk. Excess alcohol does not wear off in a couple of hours; it takes a long time for the body to get back to normality. Teenagers are at risk of alcoholic poisoning because their bodies are not ready for large quantities of alcohol. If people were introduced to alcohol at a young age in a socially controlled situation it would be accepted as a normal part of life and the need to binge drink would be reduced.


Young people get influenced to drink in a lot of very different ways. Advertisements send messages to young people that alcohol is fun. Many of the advertisements have humour and show that people can have a lot of fun with alcohol and come up with fun things to do. It is not just ads on TV, it is also advertisements on billboards with catch phrases, which make teenagers think that their brand is cool and want to start drinking that particular brand. I don't think that the companies making those ads know that they are getting through to young people and just think they are getting to legal adults.


But whatever you do young teens are still going to get alcohol - one way or another.


Alcohol doesn't have to be a problem; it has been a part of society since the beginning of time!


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Macbeth

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Macbeth is presented as a mature man of definitely established character, successful in certain fields of activity and enjoying an enviable reputation. We must not conclude, there, that all his volitions and actions are predictable; Macbeths character, like any other mans at a given moment, is what is being made out of potentialities plus environment, and no one, not even Macbeth himself, can know all his inordinate self-love whose actions are discovered to be-and no doubt have been for a long time-determined mainly by an inordinate desire for some temporal or mutable good.


Macbeth is actuated in his conduct mainly by an inordinate desire for worldly honors; his delight lies primarily in buying golden opinions from all sorts of people. But we must not, therefore, deny him an entirely human complexity of motives. For example, his fighting in Duncans service is magnificent and courageous, and his evident joy in it is traceable in art to the natural pleasure which accompanies the explosive expenditure of prodigious physical energy and the euphoria which follows. He also rejoices no doubt in the success which crowns his efforts in battle - and so on. He may even conceived of the proper motive which should energize back of his great deed


The service and the loyalty I owe,


In doing it, pays itself.


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But while he destroys the kings enemies, such motives work but dimly at best and are obscured in his consciousness by more vigorous urges. In the main, as we have said, his nature violently demands rewards he fights valiantly in order that he may be reported in such terms a valours minion and Bellonas bridegroom he values success because it brings spectacular fame and new titles and royal favor heaped upon him in public. Now so long as these mutable goods are at all commensurate with his inordinate desires - and such is the case, up until he covets the kingship - Macbeth remains an honorable gentleman. He is not a criminal; he has no criminal tendencies. But once permit his self-love to demand a satisfaction which cannot be honorably attained, and he is likely to grasp any dishonorable means to that end which may be safely employed. In other words, Macbeth has much of natural good in him unimpaired; environment has conspired with his nature to make him upright in all his dealings with those about him. But moral goodness in him is undeveloped and indeed still rudimentary, for his voluntary acts are scarcely brought into harmony with ultimate end.


As he returns from victorious battle, puffed up with self-love which demands ever-increasing recognition of his greatness, the demonic forces of evil-symbolized by the Weird Sisters-suggest to his inordinate imagination the splendid prospect of attaining now the greatest mutable good he has ever desired. These demons in the guise of witches cannot read his inmost thoughts, but from observation of facial expression and other bodily manifestations they surmise with comparative accuracy what passions drive him and what dark desires await their fostering. Realizing that he wishes the kingdom, they prophesy that he shall be king. They cannot thus compel his will to evil; but they do arouse his passions and stir up a vehement and inordinate apprehension of the imagination, which so perverts the judgment of reason that it leads his will toward choosing means to the desired temporal good. Indeed his imagination and passions are so vivid under this evil impulse from without that nothing is but what is not; and his reason is so impeded that he judges, These solicitings cannot be evil, cannot be good. Still, he is provided with so much natural good that he is able to control the apprehensions of his inordinate imagination and decides to take no step involving crime. His autonomous decision not to commit murder, however, is not in any sense based upon moral grounds. No doubt he normally shrinks from the unnaturalness of regicide; but he so far ignores ultimate ends that, if he could perform the deed and escape its consequences here upon this bank and shoal of time, held jump the life to come. Without denying him still a complexity of motives - as kinsman and subject he may possibly experience some slight shade of unmixed loyalty to the King under his roof-we may even say that the consequences which he fears are not at all inward and spiritual, It is to be doubted whether he has ever so far considered the possible effects of crime and evil upon the human soul-his later discovery of horrible ravages produced by evil in his own spirit constitutes part of the tragedy. Hi is mainly concerned, as we might expect, with consequences involving the loss of mutable goods which he already possesses and values highly.


After the murder of Duncan, the natural good in him compels the acknowledgment that, in committing the unnatural act, he has filed his mind and has given his eternal jewel, the soul, into the possession of those demonic forces which are the enemy of mankind. He recognizes that the acts of conscience which torture him are really expressions of that outraged natural law, which inevitably reduced him as individual to the essentially human. This is the inescapable bond that keeps him pale, and this is the law of his own natural from whose exactions of devastating penalties he seeks release


Come, seeling night...


And with thy bloody and invisible hand Cancel and tear to pieces that great bond Which keeps me pale.


He conceives that quick escape from the accusations of conscience may possibly be effected by utter extirpation of the precepts of natural law deposited in his nature. And he imagines that the execution of more bloody deeds will serve his purpose. Accordingly, then, in the interest of personal safety and in order to destroy the essential humanity in himself, he instigates the murder of Banquo.


But he gains no satisfying peace because hes conscience still obliges him to recognize the negative quality of evil and the barren results of wicked action. The individual who once prized mutable goods in the form of respect and admiration from those about him, now discovers that even such evanescent satisfactions are denied him


And that which should accompany old age, As honor, love, obedience, troops of friends, I must not look to have; but, in their stead, Curses, not loud but deep, mouth-honour, breath, Which the poor heart would fain deny, and dare not.


But the man is conscious of a profound abstraction of something far more precious that temporal goods. His being has shrunk to such little measure that he has lost his former sensitiveness to good and evil; he has supped so full with horrors and the disposition of evil is so fixed in him that nothing can start him. His conscience is numbed so that he escapes the domination of fears, and such a consummation may indeed be called a sort of peace. But it is not entirely what expected or desires. Back of his tragic volitions is the ineradicable urge toward that supreme contentment which accompanies and rewards fully actuated being; the peace which he attains is psychologically a callousness to pain and spiritually a partial insensibility to the evidences of diminished being. His peace is the doubtful calm of utter negativity, where nothing matters.


This spectacle of spiritual deterioration carried to the point of imminent dissolution arouses in us, however, a curious feeling of exaltation. For even after the external and internal forces of evil have done their worst, Macbeth remains essentially human and his conscience continues to witness the diminution of his being. That is to say, there is still left necessarily some natural good in him; sin cannot completely deprive him of his rational nature, which is the root of his inescapable inclination to virtue. We do not need Hecate to tell us that he is but a wayward son, spiteful and wrathful, who, as other do, loves for his own ends. This is apparent throughout the drama; he never sins because, like the Weird Sisters, he loves evil for its own sake; and whatever he does is inevitably in pursuance of some apparent good, even though that apparent good is only temporal of nothing more that escape from a present evil. At the end, in spite of shattered nerves and extreme distraction of mind, the individual passes out still adhering admirably to his code of personal courage, and the mans conscience still clearly admonishes that he has done evil.


Moreover, he never quite loses completely the liberty of free choice, which is the supreme bonum naturae of mankind. But since a wholly free act is one in accordance with reason, in proportion as his reason is more and more blinded by inordinate apprehension of the imagination and passions of the sensitive appetite, his volitions become less and less free. And this accounts for our feeling, toward the end of the drama, that his actions are almost entirely determined and that some fatality is compelling him to his doom. This compulsion is in no sense from without-though theologians may at will interpret it so-as if some god, like Zeus in Greek tragedy, were dealing out punishment for the breaking of divine law. It is generated rather from within, and it is not merely a psychological phenomenon. Precepts of the natural law-imprints of the eternal law- deposited in his nature have been violated, irrational acts have established habits tending to further irrationality, and one of the penalties exacted is dire impairment of the liberty of free choice. Thus the Fate which broods over Macbeth may be identified with that disposition inherent in created things, in this case the fundamental motive principle of human action, by which providence knits all things in their proper order. Macbeth cannot escape entirely from his proper order; he must inevitably remain essentially human.


Please note that this sample paper on macbeth is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on macbeth, we are here to assist you. Your persuasive essay on macbeth will be written from scratch, so you do not have to worry about its originality.


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Thursday, July 23, 2020

Jefferson

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As a reluctant candidate for President in 176, Jefferson came within three votes of election. Republican electors, trying to name both a President and a Vice President from their own party, cast a tie vote between Jefferson and Aaron Burr of which the House of Representatives settled. Hamilton, who did not like Jefferson and Burr, however urged Jeffersons election. In Jefferson's inaugural speech, he held out an olive branch to his political enemies, inviting them to bury the partnership of the past decade, to unite now as Americans. Within the duration of the Jeffersonian presidency, there were more than a few important issues and decisions. The most important of them being the division of the two political parties, the Louisiana Purchase, and his choice to only take two terms of presidency. These incidences proved significance because of the repercussions and events that followed.


When sharp political conflicts developed, two separate parties, the Federalists and the Democratic-Republicans began to form. Jefferson gradually assumed leadership of the Republicans, who sympathized with the revolutionary cause in France. Attacking Federalist policies, he opposed a strong centralized Government and championed the rights of states. This division of parties changed politics forever.


Early in 180, Jefferson sent James Monroe to Paris with the instructions to buy New Orleans and whatever amount of surplus land with the strict budget of $10 Million. Jefferson said, "The day that France takes possession of New Orleans we must marry ourselves to the British fleet and nation." Napoleon chose to sell Louisiana for $15 million to Monroe and Minister Robert R. Livingston along with his dream of a New World dominion. Believing that America would unite with England, his decision to sell was heavily influenced by his hate for England and his desire for them to be eventually defeated by the New World. This purchase affirmed the needed western expansion of America.


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How can ethical theories help the practising manager?

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Ethics can be defined asa set of principals, often defined as a code or system that acts asa guide to conduct. These guides to conduct will be concerned with how individuals act, what are their intentions in doing so acting & a set of values defining what is to count right or wrong action. We take Ethics to be concerned with setting the boundaries or providing a framework for appropriate action.


Why do people act the way they do? Criteria might include


„h Act in accordance with rules


„h Act out of a sence of justice


„h Act to secure the most beneficial consequences for most people


„h Act out of a sense of duty


„h Act in away that satisfies conscience


„h Act out of guilt


„h Act in such a way because everybody else does


„h Act in such a way because told to do so by friends, family, senior managers, etc.


All these criteria relate to ethical practices & are very relevant criteria when it comes to making a decisions by an employee on a day to day basis. By looking at ethical theories managers can set ethical standards within a company which help in the decision making process & help in the growth & development of the organisation as a whole.


Ethics can be defined asa set of principals, often defined as a code or system that acts asa guide to conduct. These guides to conduct will be concerned with how individuals act, what are their intentions in doing so acting & a set of values defining what is to count right or wrong action. We take Ethics to be concerned with setting the boundaries or providing a framework for appropriate action.


Why do people act the way they do? Criteria might include


ɨ Act in accordance with rules


ɨ Act out of a sence of justice


ɨ Act to secure the most beneficial consequences for most people


ɨ Act out of a sense of duty


ɨ Act in away that satisfies conscience


ɨ Act out of guilt


ɨ Act in such a way because everybody else does


ɨ Act in such a way because told to do so by friends, family, senior managers, etc.


All these criteria relate to ethical practices & are very relevant criteria when it comes to making a decisions by an employee on a day to day basis. By looking at ethical theories managers can set ethical standards within a company which help in the decision making process & help in the growth & development of the organisation as a whole.


Ethics can be defined asa set of principals, often defined as a code or system that acts asa guide to conduct. These guides to conduct will be concerned with how individuals act, what are their intentions in doing so acting & a set of values defining what is to count right or wrong action. We take Ethics to be concerned with setting the boundaries or providing a framework for appropriate action.


Why do people act the way they do? Criteria might include


ɨ Act in accordance with rules


ɨ Act out of a sence of justice


ɨ Act to secure the most beneficial consequences for most people


ɨ Act out of a sense of duty


ɨ Act in away that satisfies conscience


ɨ Act out of guilt


ɨ Act in such a way because everybody else does


ɨ Act in such a way because told to do so by friends, family, senior managers, etc.


All these criteria relate to ethical practices & are very relevant criteria when it comes to making a decisions by an employee on a day to day basis. By looking at ethical theories managers can set ethical standards within a company which help in the decision making process & help in the growth & development of the organisation as a whole.


Ethics can be defined asa set of principals, often defined as a code or system that acts asa guide to conduct. These guides to conduct will be concerned with how individuals act, what are their intentions in doing so acting & a set of values defining what is to count right or wrong action. We take Ethics to be concerned with setting the boundaries or providing a framework for appropriate action.


Why do people act the way they do? Criteria might include


ɨ Act in accordance with rules


ɨ Act out of a sence of justice


ɨ Act to secure the most beneficial consequences for most people


ɨ Act out of a sense of duty


ɨ Act in away that satisfies conscience


ɨ Act out of guilt


ɨ Act in such a way because everybody else does


ɨ Act in such a way because told to do so by friends, family, senior managers, etc.


All these criteria relate to ethical practices & are very relevant criteria when it comes to making a decisions by an employee on a day to day basis. By looking at ethical theories managers can set ethical standards within a company which help in the decision making process & help in the growth & development of the organisation as a whole.


Please note that this sample paper on How can ethical theories help the practising manager? is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on How can ethical theories help the practising manager?, we are here to assist you. Your cheap custom college paper on How can ethical theories help the practising manager? will be written from scratch, so you do not have to worry about its originality.


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and you will be amazed at how easy it is to complete a quality custom paper within the shortest time possible!