Monopoly An Analysis of Its Transactions Essay Example

Monopoly: An Analysis of Its Transactions Essay In 1933, Charles Darrow lived in the period known as the Great Depression. During this period the United States was experiencing massive unemployment and misfortune. This heightened period of economic ruin gave rise to the board game Monopoly which promised its players vicarious fame and fortune through characters such as a dog, a car, a horse, and many others. In addition to its leisure value, Monopoly provides valuable lessons in business, specifically for those interested in Accounting principles. The overall objective to Monopoly is to bankrupt all of your opponents. To do this, a player needs to acquire multiple properties while maintaining a reasonable amount of cash to pay debts such as rent and fees. The example company used in this analysis was Edwards Property Management (EPM) who managed properties for other companies and stayed at other properties in order to assess their competitive value. The company goal was to own/rent certain monopolies and to manage others for companies. To start the business, EPM borrowed $1500 from the local bank. This money will be used to purchase property, pay taxes and general operating expenses. These funds were acquired as a note payable at 10% interest. The starting capital was recorded in the journal on January 1, 2001 and the game began. In this scenario of game play, the four corners of the board represented the 4 quarters of the year for EPM. Adjusting entries for the interest due to Monopoly Savings and Loan were journalized to the Interest Expense and Accrued Expenses accounts. This was done to attempt to show the true value of EPM. If we had not made these entries, we would have been overstating the value of the company. The entries were tedious but proved to be helpful. An example of one follows: We will write a custom essay sample on Monopoly: An Analysis of Its Transactions specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Monopoly: An Analysis of Its Transactions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Monopoly: An Analysis of Its Transactions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Mar 31, 2001 Interest Expense 37.50 Accrued Expense 37.50 Description: First quarters interest on funds borrowed from Monopoly Savings and Loan for operating expenses. In the first year, Edwards Property Management invested in a hotel on Connecticut Avenue along with several other properties including Tennessee Avenue, Ventnor Avenue, and Pacific Avenue. These properties were bought with cash and intended to be rented by EPM for Rent Revenue. Their corresponding journal entries reflected their purchase with the balancing side of that entry to the Building-Hotel account and to the Hotel Property. We made an across the board assumption that twenty percent of the value was attributable to the land and eighty percent was attributable to the building. For example: Jan 1, 2001 Building Hotel 96 Hotel Property 24 Cash 120 Description: Purchased Connecticut Avenue with cash. Assumed 80% of value is in existing building and 20% was in the land purchased. Given the current accounting rules, the land was not amortized but the buildings were. These buildings were depreciated over 10 years using the straight-line method. Because the actual date of acquisition for each of the properties varied considerably from the start of the year, EPM used the half-year convention as visible in the chart below. As a fee to their clients for managing their properties, EPM charges a flat fee of $200 per year total (one turn around the board) regardless of the number of properties managed. This fee is collected as the EPM representative (in this case the dog) passes the proverbial Go corner which also triggers the new fiscal year. This $200 is booked to the Precollected Revenue account. This money is precollected for services to be rendered throughout the year. The cash is recognized but the revenues are not recognized until the service is provided. Jan 1, 2001 Precollected Revenue 200 Cash 200 Description: Received revenue from clients for managing properties. $50 to be earned per quarter. We use the liability account, Precollected Revenue, as a representation of our own obligation to provide property management services to our clients. Adjusting entries are made at the beginning of each quarter to show earned revenue. Throughout the year, Edwards Property Management stays at competitors properties to perform competitive analysis of their offerings including the state of the property, cost, availability of beds, and general hotel assessment. The competitors charge Rent for each visit. These values are part of the expense of day to day operations. For example, in July of 2003, EPM prepaid rent for the second half of that year. EPM anticipated only needing one visit to assess the hotel but nonetheless, prepaid rent for half a year at that visit. The total prepaid was $22 which our competitors gladly accepted. There were two adjusting entries for the third and fourth quarters to spread the expense over its potential service life (the second half of 2003). Journal entries were made against Cash and Prepaid Rent Expense for the outlay of the expenditure. The reconnaissance mission was a success and we benefited greatly from the experience. One visit to Community Chest showed that lady luck was no longer on the side of Edwards Property Management. The card had explained that we owed $100 for a hospital visit. This happened when a client had slipped and fallen on the ice while EPM was showing their prized property, Boardwalk. In order to avoid a lawsuit, EPM immediately called the hospital and had an ambulance sent over. The client was very understanding and accepted our apologies. The accountants viewed this expense as an entry to the Medical Expense account. Jan 1, 2001 Medical Expense 100 Cash 100 Description: Paid for hospital visit when Mr. Slipper E. Feet fell on ice at the Boardwalk property. The Medical Expense was aggregated into the Miscellaneous Expenses account at year end as there were no other medical expense attributed to the company. The competition in the property management business was tough for Edwards Property management. In their fifteen years, they built an empire that spanned from Baltic Avenue to Boardwalk. However, they eventually were outgrown by the Car and the Hat who formed a larger corporation containing two monopolies, one consisting of the red properties and the other consisting of the purple properties. Competitive analysis proved to be too costly while visiting properties such as Illinois Avenue or New York Avenue. Luckily, EPMs accounting records were as solid as their reputation and the new corporation paid handsomely for the goodwill that EPM had built.

Reviewing A Book On Child Victim Cases Social Work Essay Essay Example

Reviewing A Book On Child Victim Cases Social Work Essay Essay Example Reviewing A Book On Child Victim Cases Social Work Essay Essay Reviewing A Book On Child Victim Cases Social Work Essay Essay Child protection is an issue that has been debated in the past and soon. It has attracted a batch of media attending and guess over the old ages. In this essay I am traveling to concentrate on chapter 10 of the book Children as Victims edited by Peter Kennison and Anthony Goodman. The chapter is titled Understating the hazard to kids and immature people a constabulary response and was written by Chris Bourlet who was the Deputy OCU Commander in the Child maltreatment probe Command between 2002 and 2006 and held the kid protection and policy portfolio. He has experience with working with child protection and kid maltreatment groups and besides sat on their board. He was besides the staff officer to the manager of serious offense at the clip of Victoria s decease. He besides remains a member of the MPS Every Child Matters Programme Board stand foring Borough policing. His experiences have put him in a place to witness the alterations in pattern, reorganization and policy taking within kid protection in the MPS non merely from a strategic position and besides at Borough degree. Chris continues to work with the constabulary, he is presently borough commander.Having worked with the probe of kid maltreatment and protection instances, Bourlet has plentifulness of experience and cognition of how the constabulary work in forestalling offense so it s merely just that he decided to portion cognition. This publication was produced inlight of the Victoria Climbie` instance which was the chief ground why Every Child Matters was brought in to protect kids from injury. I will get down of by giving a sum-up of this chapter which was written with the purpose of raising consciousness of the challenges, battles and quandary which the constabulary face on an mundane footing when it comes to protecting kids. The writer s chief aim was to demo how the Metropolitan Police Service reacted to the errors made and the challenges it faced in larning from them. Bourlet ( 2008 ) discusses the alteration programme which was introduced by the MPS to cover with the mistakes in the system. In making so the MPS set out to professionalise the constabulary response by guaranting the bar and effectual probe of kid maltreatment in London. They have been many benefits which have resulted from the alteration programme. Bourlet ( 2008 ) explains how MPS realise that unlike an grownup victim, there is greater challenge for research workers when look intoing instances of child decease or kid maltreatment instances. However he farther explains that in visible radiation of that discovery the MPS made alterations by raising the criterions and position of probe in relation to child protection affairs given the troubles. An over-riding rule in this hard country was raising criterions with the purpose of increasing professionalism. Rather than instance work being taken on by whoever happened to hold answered the phone or be in the office at that clip alternatively casework is now allocated harmonizing to a given expression doing it easier to supervise criterions and guaranting instances are distributed more reasonably. I am traveling to place the errors and the recommendations made by the writer with respects to how the constabulary trade with kid protection and child deceases probes in their section in visible radiation of the unfavorable judgments made by the Laming study. This chapter was written for all the bureaus who work together to help the safe guarding of kids. It was besides written for future practicians who intend to work with Child protection for illustration societal workers, Policy shapers, wellness service, pupils, spiritual establishments, faculty members, research workers and anyone who is interested in larning about the wellbeing and safety of kids. Although a really enlightening piece work the author fails to specify some important information like for illustration kid maltreatment, kid protection, he assumes that the reader knows what this means which is sometimes non ever the instance. Bourlet ( 2008 ) in this chapter discusses the alterations that the ( MPS ) Metropolitan Police Service made in visible radiation of unfavorable judgments and mistakes made in child protection. He chiefly uses the Lord Laming enquiry on Victoria Climbie as an illustration to exemplify some weaknesss made and besides demo how the MPS used these weaknesss to turn to the unfavorable judgments made on the function the constabulary played in the physique up to the decease of this kid and besides other kids who had died before. Victoria s who was known as Anna which was non her existent name died on 25 February 2000 after hospital staff struggled to maintain her alive as a consequence of organ failure her decease was ineluctable. Victoria had been in contact with four London boroughs, two constabulary forces, two infirmaries, and a specialist kids s unit who failed to detect that Victoria was a kid in demand of protection. The Laming enquiry heard how a metropolitan constabulary officer ha d cancelled an assignment to inspect Victoria s place because of a fright of catching itchs. Again these are merely some of the countries that added to the exposure of weaknesss and mistakes at every degree ( www.victoria-climbie-inquiry.org.uk ) . However the chief aim of this chapter is to demo how the Metropolitan Police Service ( MPS ) reacted to the errors being made and besides the challenges they face in larning from those mistakes ( Bourlet, 2008 ) . The current processs and guidelines can be identified in the Working together to safeguard kids counsel ( 2006 ) which is an update of the 1999 counsel due to the alterations implemented in subdivision 11 of the Children Act 2004. The act emphasises interagency coaction and puts a responsibility of attention on professionals working within wellness, instruction and constabularies to safeguard the public assistance of kids. This was neer the function for the other professionals within the bureaus mentioned above ; it was the function of the societal worker. Therefore the societal worker became accountable when things went incorrectly as the societal worker had the duty to protect the kid. The new act brings about a shared duty hence taking the force per unit area off the social-worker. The Working Together ( 2006 ) guidelines highlight the procedure of how to and to whom suspected or existent kid maltreatment should be reported to. It goes on farther to specify different types of malt reatment. The constabulary holding been criticised for this had to re-organise its processs and methods that have rallied and regenerated kid protection staff to be less reactive and be more proactive in bend guaranting that bar is cardinal ( Bourlet, 2008 ) . The chief statement of the chapter is foregrounding the reactions the MPS made following the unfavorable judgments made in the Laming study. Bourlet ( 2008 ) shows that yes the MPS do do errors he illustrates this by foregrounding the primary aims of the policing sensing and bar of offense as stated by the Commissioners of the Metropolis Mayne and Rowan, in 1829, nevertheless Bourlet ( 2008 ) states that a public enquiry concluded that the MPS had failed a vulnerable kid and besides in its primary aims. Despite the crippling study praising the MPS for their probes after Victoria died. Clearly screening and proving that the MPS needed to do a alteration hence the debut of the alteration programme which was meant to turn to the failings highlighted by Lord Laming. The agony and decease of Victoria Climbie was a failure of the system and was inexcusable. Lack of communicating and recording in the laming enquiry was a common subject across a scope of angies including the constabulary. Bourlet ( 2008 ) states that the effectual support of kids and households can non be achieved by individual bureaus moving entirely. However it depends on a figure of bureaus working together hand in glove. He shows how easy it is for the constabulary can lose focal point of what the intercession is, who is involved and happening the right balance of working in partnership with societal workers, parents at the same clip with the kid in head. Some jobs at organizational degree for illustration are deficiency of preparation, experience and deficiency of systems to pull off referrals from other bureaus, and expertise all these besides contributed to the errors made by the MPS nevertheless the MPS made alterations which resulted in them being more proactive instead tha n being reactive. In decision this is a really enlightening piece of work which highlights the manner in which the constabulary has worked difficult to do a alteration for the better and guarantee that kids are protected in the future.. The subject clearly high spots all the countries that the constabulary made a alteration from policy doing to reshuffling within the MPS. In my sentiment this is a really good chapter and the writer has done good to advert that even with the alterations and new programmes in topographic point they is still room for betterment and that sometimes errors will be made nevertheless we will larn from them and seek to make better.

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/