Accounting Investors and Earnings Management

This study deals with analyzing the current issues in accounting field (Miller and Power 2013). In this particular assignment, emphasis has been given on bringing out the real causes behind the collapse faced by Dick Smith Electronics. The current segment discuses various accounting related issues that Dick Smith had to face because of unpredictable situations that come their way. This particular company is based in Australia and deals in selling electronic products to the potential customers (Messier 2016). One of the major issues that the company faced is the excess stock-in-hand that was not required by them. They faced several complaints from the customers claiming that delivery was not done for weeks. This present segment elucidates bringing together all the potential issues faced by the company and the reason for the cause at the same time. At the end, proper recommended actions have been given that will help Dick Smith in getting over with this situation within a short span of time (Lukka and Vinnari 2014). Dick Smith Holdings Limited is one of the Australian-based retail chain companies that sell consumer electronic goods, electronic project kits as well as hobbyist electronic components (Dicksmith.com 2017). This particular company had expanded in New Zealand as well as other countries. By the year 2016, Kogan, an online retailer has traded under the brand name (Dick Smith) and started online operations and covering countries such as Australia and New Zealand (Jindrichovska and Kubickova 2015). This report will be discussing the current accounting related issues faced by the retail giant who sell electronic components known as Dick Smith (Hunton, Mauldin and Wheeler 2015). This company was alleged by many people after the Collapse. This study will discuss regarding what made Dick Smith face the issues and the reason behind the same (Dicksmith.com 2017). Below is the reason with proper justification: From the administrator statement, it is clearly mentioned by McGrathNicol who sets out opinion on the reason for business falling for some time (Hunton, Libby and Mazza 2015). In this case, receivers as well as administrators work with the wreckage of Dick Smith collapse. Addition to that, the responsibility of rebates from suppliers majorly influences administration while undertaking purchasing decision. It requires understanding their capability to mask the actuality of income information in a clear manner. In the year 2014-2015, more than $72 Million reported as earnings before interest, reduction as well as tax and amortization. After excluding rebates and promotion subsidy, this figures will be accustomed to a $ 119 Million EBITDA loss (Henderson et al. 2015). The auditors signed off on Dick Smith financial records in the year 2015. This reveals that intentional administrators were selected for treating the accounting concepts in the recent field of secretarial (Gupta, Chiles and McMullen 2016). There was lot of consequences found at the time of accounting treatment of rebates as a part of Dick Smith collapse. Rebates were one of the current issues that are faced by Dick Smith (Dicksmith.com 2017). In the recent financial year, Target was in spotlight by their accounting team by way of treating rebates resulting to inflated earnings. Addition to that, Wesfarmers Limited had investigated the issue whereby several staff members left the organization at that time (Francis, Hasan and Wu 2013). In Britain, one of the giant retailers named as Tesco Multinational Corporation was alerted to issues with the secretarial action of rebates in the year 2014 after whistleblower contacted with the corporation universal counsel (Elliott et al. 2013). Tesco Multinational Corporation flagged it as presenting the overstated figures of first half profits. This was found at the time when it has viewed from an exaggeration of level of presentation for prior three monetary years. In this case, Tesco Multinational Corporation is still under examination by Serious Fraud Office as well as Financial Reporting Council (Hunton, Mauldin and Wheeler 2015). Some of the issues arise from interpreting accounting standards resulting from numerous entities especially in frequent jurisdiction. These are well known as well as unstated within the IFRS (International Financial Reporting Standards) framework (Deegan 2013). The ubiquitousness of the problems as well as subjectivity of global accounting standards is consistent in nature (Coad, Jack and Kholeif 2015). This ensures high level of consistency as well as apparent submission is likely to little console to Dick Smith. This company has 3300 former human resources based in Australia as well as New Zealand or the investors who are set for losing their cash. Management at Dick Smith is anticipating the possible consequences that need to be considered as far as possible (Dicksmith.com 2017). According to Professor, they had flagged the audit quality as a problem. These professors were of the opinion that audit profession for understanding the addressed shortfalls in audit quality (Christensen, Nikolaev and Wittenberg?Moerman 2016). Addition to that, new accounting standard will definitely clarify the principles for revenue recognition that will be affected by 2018. In this theory, it will mainly address the issues concerned with the treatment of rebate. Therefore, it mainly relies upon introducing new accounting standards (Dicksmith.com 2017). The accounting occupation will be bound by code of principles that mentions accountants act meeting the public attention for a good reason (Bonin 2013). In other words, the code provides principles as supported by professionals who are responsible for navigating in the complex business environments. This will help in taking business decisions like treatment of revenue as well as inventory that will fulfill with strict request of standards and law. This will comply with the spirit for achieving the objectives (Bebbington, Unerman and O'Dwyer 2014). Most of the company faces failure that has the potential for undermining the profession constant whereby principles relies upon based approach and more on regulations (Beattie 2014). In other words, there is no doubt that increased regulation will reach at the tipping point. It strongly depends upon the warning against the tick the box mentality as well as potential for more adverse outcomes. It is the fact whereby financial regulators are getting frustrated from the content of intervention by the government (Hunton, Libby and Mazza 2015). Addition to that, accounting profession will bring value as well as expertise to business and society in broadly aspect. This majorly occupies the position of trust in and among the community people. It means being entrusted with such social science that take place from huge responsibilities as well as high expectations (Ball 2013). As rightly put forward by Deegan (2013), it was announced by the Senate regarding an injury in terms of orientation that majorly covers up the collapse of Dick Smith Electronics. There had been lot of senators who pore over ways that floated towards failure of Dick Smith. As far as economic theory is concerned, it explains the failure of Dick Smith as it is consistent with a dynamic economy (Dicksmith.com 2017). Addition to that, it is necessary in understanding the business that do not particularly utilize economic resources in an efficient way as compared to its competitors. Therefore, the failure is widely linked with the series of ugly looking proceedings that are conflicting in a inefficient market. According to Deegan (2013), Senate discuses on the good opportunity that needs to be discussed by considering issues that make Australia like a nasty place for investing in shares. This includes: In the year 2012, it has been viewed that Anchorage Capital had purchased Dick Smith business from the other retail giant in Australia known as Woolworths Limited amounting to $ 115 Million (Hunton, Libby and Mazza 2015). By the year 2013, Dick Smith was floated with market capitalization amounting to $ 520 Million. This float was from the greatest private equity heist whereby the Founder of Dick Smith gets involved in describing the utter greed and unethical in their practices (Dicksmith.com 2017). There is divergent of financial information surrounding sale of Woolworths Limited of Dick Smith business to Anchorage (Hunton, Mauldin and Wheeler 2015). This reveals the fact that the parties did not agree on the book values of Dick Smith record at that particular time of sale transactions. Addition to that, the parties have irreconcilable accounting at those particular transactions. It has been reported that Woolworths Limited claims it by making it a small gain after a sequence of devaluations as well as requirements. Therefore, Anchorage claims for making gain of $ 146 Million as it brought business in a given reduction to the fair value of net property (Lukka and Vinnari 2014). There has been subsequent financial information that concerned inventory in timely manner. In the year 2015, Dick Smith astonished the market by declaring the company requires inventory write-down of $ 60 Million for 3 months as mentioned in the financial statements. In the same year, it was found that the company was audited bit with no adverse findings (Hunton, Libby and Mazza 2015). Most of the retail industry including Dick Smith is accused of chasing rebates by way of inflating profits at faster pace (Hunton, Libby and Mazza 2015). Addition to that, Australian retailers had even experienced a tough year by way of facing severe competition by tumbling prices as well as weekly dollar. It is also noticed that there is huge pressure on the Senior Management leader within the retailers who are turning those business with a view to become successful in shorter period. Even though, new accounting standards that will be coming up by the year 2018, will give clear idea on how revenue such as rebates will be best accounted for in any situation (Hunton, Mauldin and Wheeler 2015). Some of the protected creditors decide regarding whether offers for selling a commerce can be satisfactory or not (Hunton, Libby and Mazza 2015). This can be understood as only banks and receivers will have actual information regarding any types of offers. This means economic incentive of banks in a given company will find ways for maximizing their payoff and come at a cost for the sake of other stakeholders. It requires more number of days when receivers as well as administrators will appoint Dick Smith. This will take place by collecting financial information from shareholders as well as unsecured creditors in the most appropriate way (Lukka and Vinnari 2014).   The collapse of electronics retail sequence named as Dick Smith has sent shockwaves from the retail business. Some of the recommended measures are mentioned below that will help in overcoming the current situation. Inventory Management- Managing Inventory is essential for solving the issues faced by Dick Smith. Dick Smith inventory problems started to increase in the second half of 2015. This company had even revealed the fact that they would write down the value of its inventory at 20% amounting to $ 60 Million. The company declared that they bought stock anticipating of certain level of sales that they will achieve in near future. They failed in achieving the sales target and they are finding ways for clearing the stock as far as possible. Dick Smith followed the write down and labeled a mammoth clearance sale. They had prices on old stock slash by more than 70%. Addition to that, Dick Smith had explored alternative funding. Even though the directors of the company was of opinion that alternative funding will not be supported by short-term funding requirements as well as allows Dick Smith in ordering required stock for next 4 to 6 weeks. Therefore, Dick Smith had struggled enough in clearing out excess old inventory as well as securing finance for purchasing new stock. Role of private equity floats- This explains that role of private equity group Anchorage Capital in Dick Smith aims at providing essential context to the retailer collapse. This indicate that private equity floats that cannot be otherwise visible. Addition to that, Anchorage purchased Dick Smith business from the Australian retail giant (Woolworths Limited) for $ 115 Million in the year 2012. They aid $ 20 Million upfront as well as floated the company on ASX by the year 2013. They had the market valuation of $ 520 Million. Management of Dick Smith discusses in undertaking turnaround programs for bringing improvement in company cash flow problems. Within the time span, Dick Smith debuted on ASX listings staring with a price of $ 2.20. Initial public offering of Dick Smith was overvalued at first place. Customer Service is important in a competitive market- It is essential in considering the fact that consumer electronics market is Australia is extremely competitive market whereby customer service plays major role. In one of the case, it was posted on the Facebook by an angry customer who claimed that online orders had not been delivered. This was for a week’s whereby customer representatives hung on phone for resolving the query. There will be lot of complaints by the customers that needs to be resolved by the retailers who compete in this global marketplace. Most of the retailers receive high volume of customer complaints at the time of busy trading periods. This will take place whereby company running in a huge sale but it is the responsibility of the representatives in solving the query of customer without any delay. In this case, Dick Smith faced the same query by the market at the time of downgrading of market values. At the end of the study, it is concluded that Dick Smith faced various accounting issues that is needed to be resolved at urgent note. Dick Smith had fallen by more than 80% at the time it got listed in Australian Stock Exchange. This company was even placed in liquidation by their creditors as they were suffering a loss of $ 260 Million. Finally, the founder of Dick Smith dismay at the closure as well as put it down to the utter greed of modern capitalism. The above analysis had given detailed presentation of the issues with recommended actions. These actions should be taken into consideration by Dick Smith for bringing smooth operation of business enterprise. In case of Dick Smith, the court heard that the management selects its products for maximization of rebate. This is the money that retailers will get from the suppliers for keeping the stock as well as promoting the goods at the same time. Ball, R., 2013. Accounting informs investors and earnings management is rife: Two questionable beliefs.  Accounting Horizons,  27(4), pp.847-853. Beattie, V., 2014. Accounting narratives and the narrative turn in accounting research: Issues, theory, methodology, methods and a research framework.  The British Accounting Review,  46(2), pp.111-134. Bebbington, J., Unerman, J. and O'Dwyer, B., 2014.  Sustainability accounting and accountability. Routledge. Bonin, H., 2013.  Generational accounting: theory and application. Springer Science & Business Media. Christensen, H.B., Nikolaev, V.V. and Wittenberg?Moerman, R., 2016. Accounting information in financial contracting: The incomplete contract theory perspective.  Journal of Accounting Research,  54(2), pp.397-435. Coad, A., Jack, L. and Kholeif, A.O.R., 2015. Structuration theory: reflections on its further potential for management accounting research.  Qualitative Research in Accounting & Management,  12(2), pp.153-171. Crawford, E.R. and Lepine, J.A., 2013. A configural theory of team processes: Accounting for the structure of taskwork and teamwork.  Academy of Management Review,  38(1), pp.32-48. Deegan, C., 2013.  Financial accounting theory. McGraw-Hill Education Australia. Dicksmith.com. (2017).  Dick Smith Automotive Group serving Columbia, Lexington, St. Andrews, Greenville, Charleston, and Moncks Corner, South Carolina. [online] Available at: https://www.dicksmith.com [Accessed 17 Jan. 2017]. Elliott, W.B., Jackson, K.E., Peecher, M.E. and White, B.J., 2013. The unintended effect of corporate social responsibility performance on investors' estimates of fundamental value.  The Accounting Review,  89(1), pp.275-302. Francis, B., Hasan, I. and Wu, Q., 2013. The benefits of conservative accounting to shareholders: Evidence from the financial crisis.  Accounting Horizons,  27(2), pp.319-346. Gupta, V.K., Chiles, T.H. and McMullen, J.S., 2016. A process perspective on evaluating and conducting effectual entrepreneurship research.  Academy of Management Review,  41(3), pp.540-544. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.  Issues in financial accounting. Pearson Higher Education AU. Hunton, J.E., Libby, R. and Mazza, C., 2015. Retraction: Financial Reporting Transparency and Earnings Management.  The Accounting Review,  90(4), pp.1711-1711. Hunton, J.E., Mauldin, E.G. and Wheeler, P.R., 2015. Retraction: Potential Functional and Dysfunctional Effects of Continuous Monitoring.  The Accounting Review,  90(4), pp.1709-1709. Jindrichovska, I. and Kubickova, D., 2015. Czech accounting academia and practice: historical roots and current issues.  Accounting and Management Information Systems,  14(2), pp.328-361. Kaplan, R.S. and Atkinson, A.A., 2015.  Advanced management accounting. PHI Learning. Lukka, K. and Vinnari, E., 2014. Domain theory and method theory in management accounting research.  Accounting, Auditing & Accountability Journal,  27(8), pp.1308-1338. Messier Jr, W., 2016.  Auditing & assurance services: A systematic approach. McGraw-Hill Higher Education. Miller, P. and Power, M., 2013. Accounting, organizing, and economizing: Connecting accounting research and organization theory.  The Academy of Management Annals,  7(1), pp.557-605. End your doubt 'should I pay someone to do my dissertation by availing dissertation writing services from

Comparison of the Effectiveness of India and Chinas Politics and Research Paper

Comparison of the Effectiveness of India and Chinas Politics and Economics in the last decades - Research Paper Example This paper is one of the best examples of comparison of the effectiveness of Chinese and Indian economic policies during the last decades. The reasons behind better economic performance of China are considered. During the analyzed period, The Chinese demonstrated a remarkable ability to execute on its social and economic agenda with the concerted planning of the socialist government and leveraging the competencies and entrepreneurial capabilities of the Chinese masses. In India`s case the observation is that even as the middle classes have swelled, the large parts of India remain agricultural, and that there are issues surrounding the rise of cities versus the continued reliance in agriculture of a large majority of the Indian population. This in turn has implications for the ability of India to do well financially and to lift its masses out of poverty, as well as care for its social well-being China achieved better results than India, because of some fundamental differences in the defectiveness of their executions relative to their reform strategies, some differences in governmental structures and existing constraints, and differences in underlying cultural contexts and political contexts for pushing growth. There have been profound differences in investments in fundamental social services like education, with China being better able to educate its masses than India, resulting in long-term disparities in the ability of the nations to lift its masses out of poverty and improve their economic lot.

Project Management - Module 1.6 not 1.4 Coursework

Project Management - Module 1.6 not 1.4 - Coursework Example Subsequently designer is expected to insure that all sub-consultant work is coordinated. Pertinently conceptual design approves further details that may emerge. This document should clearly outline the prearranged civil, architectural, structural, mechanical, electrical, fire protection design and plumbing. It is vital to include up-dated cost approximation of all key features and component of design. Upon the approval of the design by the owner, the design team immediately starts the execution of this final contraction design particulars (Norman, E. et al 2008).The authenticated design development package entails a completer concept therefore no further alteration to the plans, elevations, or building systems will be permissible except when it comply with construction or code supplies. 1) Guideline and objective establishment- the first project stage is to outline the scope which sets up the expectations, estimated cost, constituted high level plans, and finally established timelines for each activity to be executed. 2) The concepts which involve mapping, user training, and walkthrough phase where the new system is learned, business process is revised to ensure that they carry out flawlessly corner to corner in meeting the organization’s objective. 5) Customization (infrastructure phase); it is the stage where the data from the old system is transferred into a newly developed supplementary system. The appropriate information technology infrastructure is constructed. 6) Cover phase is the final phase in that the old system is closed down and new system kicks off fully with a constant improvement in the method of undertaking business. However, the methodology used does not contend to limit the choice of the software to be used for word processing, spreadsheets, etc. The pertinent issue is faithfulness to the methodology in organization for the team to produce

She Held The Piece Of Paper And Looked At Me :: essays research papers

Jackie stared at the piece of paper with trembling hands and then back at me, her eyes danced uncontrollably with joy. Elated, she held onto the letter tenaciously and ran around the room in a frenzied madness. "Grandfather Morgan, is dead!" she proclaimed, her pale arms gesticulated wildly as she re-read short extracts from my grandfather's lawyer's letter in her formal tone, which was occasionally punctuated by short bursts of laughter. "He's dead," together, we proclaimed again and again in jubilation. Dressed in a somber suit to disguise our euphoric hearts, Jackie and I rushed to grandfather's opulent mansion, which was perched on the outskirts of Nome, a small district with big people. We entered the mansion only to be welcomed by wailing relatives who had suddenly remembered grandfather only after he had passed on. After a short sermon we gathered around the teak coffin to say our final farewells to Morgan. Eventually, Jackie strolled towards the coffin, bent down and kissed grandfather's ashen cheeks and hissed into his ears, "So glad you finally decided to die, old man, and you had better left me something worthwhile," Finally, we entered a glumly lit room filled with excited chatter. Obviously, they were all vying for Morgan's coveted treasures. This was the moment we were all eagerly awaiting; the will was going to be read .A scrawny lawyer hobbled into the room, sat on the leather sofa and loosened his strangling tie. Clearing his throat he fumbled for his reading glasses as he peered at us through his milky green eyes. Flashing a conspitoral smile, he started to read Morgan's will in a hoarse voice. After rambling on and on about what other relatives were to be given, he finally reached Jackie's name. " Lastly, to my loving granddaughter, Jacqueline, the one whom I had always doted upon, will be given the family heirloom." "What?" Jackie screeched in utter dismay. Immediately, she sprang up and rushed towards the will. Grabbing the yellowed paper from the bedlam lawyer, Jackie read the will again. Shaking her curly locks in disbelief she wailed, "It cannot be, I served him for so long and I end up with a worthless piece of junk." " Madam, you must understand that your grandfather's ring was worth much more to him than just money itself, he would expected you of all people to understand this, "the lawyer meekly retorted.

The Bhagavad Gita and Upanishads

Among the many religious books in Hindu philosophy, the Bhagavad Gita and Upanishads are among the most famous. Both texts agree that knowledge is needed in order to liberate the Self (Atman) from worldly miseries and discover the dharma (truth). Failure to do so may result to subjection of the individual further into the world of ignorance and suffering, making him more of a victim of fate rather than its master or even enjoyer. However, despite their aparent similarities, differences in approach on the same philosophy could be found.The Upanishads, is intended for the individual devoted to consummate asceticism and with firm faith and yearning for the eternal, while the Bhagavad Gita, or Gita, as it is simply called, is a more practical guide for persons facing everyday or normal problems in life. The entire Hindu philosophy believes that there is a God that contains everything and that everyone contains the immortal aspect of God within him. A suitable analogy would be to think of God as the great ocean and we, His creatures, His tiny droplets, and with the rest of creation are subject to change.We are within God and God is within each core of our being: â€Å"I am the Self abiding in The heart of all beings; I am The beginning, the middle, and Also the end of all beings â€Å"(10. 20). The only reason while we experience change and suffering is that we failed to attune Name 2 ourselves to the immortal God. Both sources state that by connecting the self to the one God one can achieve eternal peace. However, man's unneeded worldly attachment and the instability of the human mind has prevented him from reaching this enlgihtened state.And if one has failed to attain liberation before the end of his lifetime, he is still subject to the endless wheel of life and death—he will be reborn.. Both sacred texts agree to the idea of the restlessness of the mind, and that the mind's unstable processes is the cause of the individual's ignorance of the true self. The factors that affect the mind's instability can be internal or external in nature. The internal factors are such things as pesonal longing, the tendency of the mind to wander from one thought to another, or desire, while external factors can be sensations like pleasure or pain.Having these distractions of the mind under control eventually reveals the Atman inherent in each individual. As the Bhagavad Gita clearly states: â€Å"Controlling sense, mind, intellect; With moksha as the supreme goal; Freed from desire, fear, and anger: Such a sage is for ever free. † (5. 28) That passage from the Gita is very similar to the one in the Upanishads: â€Å"The Self is subtler than the subtle, greater than the great; It dwells in the heart of each living being. He who is free from desire and free from grief, with mind and senses tranquil, beholds the glory of the Atman.† (2. 20). According to the Gita and Upanishads, the liberation from Life's vissicitudes and dualities can be attained through discipline of thoughts and emotions, and non-attachment to worldly affairs. Both sources are oriented at a certain sense of â€Å"freedom†. How to attain that, however, Name 3 is where they differ. The Upanishads and the Gita has varying descriptions, yet the same interpretation of faith. In the Upanishads, the term Shraddha was used, which is a Sanskrit word that has no English equivalent, but roughly means â€Å"faith and yearning†.In the commentaries of Swami Paramananda on the Gita, it is stated that â€Å"It is more than mere faith. It also implies self-reliance, an independent sense of right and wrong, and the courage of one's own conviction† (1. 3). In the Gita, we can find a more elaborate description. It was declared that man is dictated by his faith (17. 3), and faith is determined by three dispositions, namely, [1] the quality of truth, [2] action, and [3] indifference (2). The first disposition is marked by doing something without a sking anything in return—altruism.The second disposition is less desirable than the first, however good the act, for it is still motivated by personal desire, and the third is the disposition that leads to injury either of the self or others (17). It is apparent that the first disposition is the favored one. Like the traditional Christian teachings, faith coupled with good action is required, for faith without action is dead, but it is also necessary for one to place faith in the right context. The two books have different views on asceticism, the Gita favors only mental asceticism, while the other included material deprivation as well.The Upanishads view indulgence to worldly affairs as impediments to spiritual progress, while the Gita believes one can still live normally provided that he does not harbor any attachment to mutable things. The Upanishads maintains the practice of bramacharya (life of continence and altruism), and personal austerities. In fact, Nachiketas, a pr otagonist on one of its chapters, has declared his disdain for worldly things by saying that things in Life are â€Å"fleeting†, and even â€Å"the longest life is short. † On the other hand, the Gita views ascetism as counter-productive: Name 4â€Å"Sense-objects turn away from the Abstinent, but the taste for them Remains, but that, too, turns away From him who has seen the Supreme. â€Å" (2. 59) It argues that eliminating the object of desire does not guarantee the removal of the desire itself, as in the cases of drug abuse, mania and similar tendencies. Desire is an internal state and if the matter can be resolved mentally, extreme material deprivation on the ascetic would be unnecessary, and can also be a major obstacle in spiritual progress because its way of life does not liberate the practitioner from samsara (suffering).However, it has stated the importance of treating each worldly affair with full conscionsness or â€Å"single-minded devotion† (11. 54). Although desire is an immaterial thing, depriving oneself of external stimulus would provide a suitable environment for the ascetic in mastering the mind and its passions. Moreover, in the Gita, Nagarjuna, one of the text's protagonists, experienced difficulty in connecting with the eternal and act according to the dictates of his fate, due to his despondency, caused by the incoming war.Temptations or passions are indeed more difficult to resist in their presence than in their absence, but this doesn't mean that living a way of life as described in the Gita is impossible. Both books showed the two faces of the same coin, giving the practioners the freedom to choose according to personal preferences. Name 5 Works Cited Parmananda, Swami. â€Å"The Upanishads†. 1st World Publishing, 2004. â€Å"The Bhagavad Gita†. http://www. atmajyoti. org/

Edgar Allan Poe s A Descent Into The Maelstrom - 1394 Words

In Edgar Allan Poe’s â€Å"A Descent into the Maelstrom,† the power of nature is underestimated. Aspects of the natural world are depicted in an extreme, otherworldly and almost unfathomable form, and serve as indicators for a journey into a world that is within nature, but simultaneously borders on the supernatural. Common elements of the natural world are intensified and serve as symbolic, rather than everyday elements. Their exaggerated forms signify a break from a more familiar, assumed understanding of nature, which man thought he could predict and control, to a more powerful force. The protagonist in â€Å"A Descent into the Maelstrom† attempts to use reasoning and science to prepare to map out nature’s workings, which proves to be unreliable as he encounters natural forces that surround supernatural events. The end result is that a reliance on the principles of science and reason are exchanged for a renewed understanding of the powerful role of natu re and its relation with the cosmic. Through the sailor’s changed perspective after encountering the maelstrom, the reader is able to see the relationship between the nature of the cosmos and man’s place in it. It is through the comparative theme of the cosmic versus the small that Poe challenges the favored prevalence of scientific thinking that stemmed from the Enlightenment. In a time where the complexities of religion and nature were being overwhelmed by a preference for scientific explanation and thought, Poe challenges thatShow MoreRelated The Poetry and Prose of Edgar Allen Poe2196 Words   |  9 Pagesimagery. Poets may be common, but for their poetry to be timeless it must be universally relatable. Edgar Allen Poe is regarded as one of the most famous poets in American history due to his well renowned debauchery, gothic tales of terror, and poems which are taught in schools and still analyzed today. Edgar Allen Poe was born in Boston Massachusetts in the early nineteenth century. It is well known that Poe endured a difficult life, and tragedy began at an early age. At three years old, he witnessed

Martin Luther King Jr. And Henry David Thoreau - 1311 Words

Nowadays, it is often ambiguous where to set the limit between good moral values and effective government. The United States has spent centuries perfecting and building a righteous structure of government, yet it still has defects, such as unjust laws. For that reason, it is one of the most important matters discussed in American history and philosophy. American citizens expect the authority to work â€Å"for the good of the people† and â€Å"follow in everything the general will†, however, it was not always the case, according to influential American authors and civil rights activists Dr. Martin Luther King Jr. and Henry David Thoreau. Although both of their works were written over a century apart, one cannot deny the fact that both of them successfully and nonviolently converted their ideology into action using different methods of civil disobedience. Their goal was to fight for a better just system of law and restore faith in humanity. 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Martin Luther King Jr. is a religious, peaceful man who usesRead More Comparing Civil Disobedience by Henry David Thoreau and Martin Luther King Jr.933 Words   |  4 PagesComparing Civil Disobedience by Henry David Thoreau and Martin Luther King Jr.   Ã‚  Ã‚  Ã‚  Ã‚  Any one can say that a law is unfair and unjust. However, who is really willing to accept the consequences for going against an unjust law? Is breaking this law really worth the punishment? The government is the one to decide whether a law is reasonable, but what if a member of the public believes that a law is not? Should he rebel against this law? Henry David Thoreau and Martin Luther King Jr. answered yes to this questionRead MoreHenry David Thoreau: Great Influence to Dr. Martin Luther King, Jr.629 Words   |  3 PagesI strongly believe that just as Henry David Thoreau was greatly influenced by the writer Ralph Waldo Emerson, (who introduced Thoreau to the ideas of transcendentalism) Martin Luther King, Jr.s thinking was greatly influenced by that of Thoreaus. He was most probably influenced more by Indias Mahatma Gandhi; however, Gandhis principles were mainly based on those of Thoreau. Though Thoreau lived more than 100 years before the time of King, his thinking remained an influential legacy. They eachRead MoreMartin Luther King Jr., Lenard Pitts, Henry David Thoreau, And Harper Lee970 Words   |  4 Pageshow immense the situation is and how rapidly it should be dealt with, and there must be nonviolent demonstrations for superb end conclusions. There are 3 steps in order for justice to prevail which were ideas derived from Martin Luther King Jr., Lenard Pitts, Henry David Thoreau, and Harper Lee. Those three steps will be explained and discussed throughout this thesis paper. The first step is realizing or â€Å"Bearing Witness† as Lenard Pitts would say, as stated in his speech Bearing Witness â€Å"We mustRead MoreMartin Luther King Jr., Lenard Pitts, Henry David Thoreau, And Harper Lee972 Words   |  4 Pageshow immense the situation is and how rapidly it should be dealt with, and there must be nonviolent demonstrations for superb end conclusions. There are 3 steps in order for justice to prevail which were ideas derived from Martin Luther King Jr., Lenard Pitts, Henry David Thoreau, and Harper Lee. Those three steps will be explained and discussed throughout this thesis paper. The first step is realizing or â€Å"Bearing Witness† as Lenard Pitts would say, as stated in his speech Bearing Witness â€Å"We mustRead MoreHenry David Thoreau, Gandhi, and Martin Luther King Jr.s Use of Civil Disobedience562 Words   |  2 Pagescollective means of forcing concessions from the government.† Men such as Henry David Thoreau, Gandhi, and Martin Luther King Jr. have all used forms of civil disobedience and nonviolent protest to make changes in the world. These changes have made huge impacts on our societies and how we are able to live our everyday lives. Without these three men and their practice of civil disobedience, the world would be a very different place. Thoreau views civil disobedience as a necessity when the law causes someoneRead MoreHenry David Thoreau and Martin Luther King, Jr.s Justification of Defying Unjust Laws1820 Words   |  8 PagesHenry David Thoreau and Martin Luther King, Jr.s Justification of Defying Unjust Laws In his famous essay, â€Å"Letter from Birmingham Jail,’’ Martin Luther King, Jr. cites conscience as a guide to obeying just laws and defying unjust laws. In the same way, Henry David Thoreau wrote in his famous essay, â€Å"Civil Disobedience,† that people should do what their conscience tells them and not obey unjust laws. The positions of the two writers are very close; they use a common theme of conscience, andRead MoreCivil Disobedience, by Henry David Thoreau and Letter From Birmingham Jail, by Martin Luther King Jr.909 Words   |  4 Pages The essays, Civil Disobedience, by Henry David Thoreau, and Letter from a Birmingham Jail, by Martin Luther King, Jr., incorporate the authors’ opinions of justice. Each author efficiently shows their main point; Thoreau deals with justice as it relates to government, he asks for,†not at one no government, but at once a better government.†(Paragraph 3). King believed,† injustice anywhere is a threat to justice everywhere. (Paragraph 4). Each essay shows a valid argument for justice, but KingsRead MoreHenry David Thoreau Resistance To Civil Disobedience Analysis1508 Words   |  7 Pagescivil government by Henry David Thoreau is an essay written about his opinion on opposing the government that was taking control of people’s rights, motivating his disagreement of slavery and the Mexican-American war. Mahatma Gandhi, a leader who fought for the Indians independent movement against British. Lastly but not least, Martin Luther King Jr., the leader of the civil rights movement. Within the tree leaders, Henry David Thoreau, Mahatma Gandhi, and Martin Luther King Jr. their connections