Financial Accounting for Social & Behavioural- myassignmenthelp

Question: Discuss about theFinancial Accounting for Social Behavioural Research. Answer: The financial information about the investment companys holdings that would be most relevant is the market value of the shares that it buys, holds or sells in order to gain revenue. A particular share has an issue price and the price at which it is being traded in the market that is the market price. The market price of the different shares that the enterprise currently holds indicates the profitability of the enterprise. The difference between the issue price of the shares and the market price is the point where the revenue generation. Therefore, the balance sheet of the company must be reviewed and checked in order assess the financial performance of the company which will indicate the estimated return on the investment done (Points, 2013). The concept of recognition in the conceptual framework refers to the inclusion of a particular financial transaction in the financial statements based upon certain norms of inclusion. For instance, a financial statement prepared on the basis of accrual accounting will recognize the revenue at the point when it is realized, irrespective of the fact as to when the particulars of that transaction that is the cash in regards to the revenue is received by business. On the other hand, financial statements prepared on the basis of cash accounting recognize a particular revenue or expenditure at the point when cash in real is expended or received by business in relation to that particular transaction. The concept of recognition would very well apply while checking the financial performance of the company as it would matter as to how the enterprise has recognized the revenue from dividends received and investment securities. The issue presented in the case is that the directors of an Australian company have prepared the financial reports under the Corporations Act and have declared that the application of the requirements of AASB 136 regarding the impairment of assets would not provide a fair presentation as because the resulting impairment loss of $80,000 is temporary in nature. Now the particular recommendation in case of such a situation is that the company should recognize the impairment loss in the income statement of the entity. However, the reversal of such an impairment loss can be reported in the disclosure of the income statement as stated in section 82 of the AASB 101. The impairment loss must be recorded and recognized. This is because the omission of such a loss may hamper the true and fair view, represented by the financial statements of the company (Hodgson Russell, 2014). The issue presented in the question is that the change in the accounting policies should mandatorily, be disclosed in the financial statements. As mentioned in the AASB 108, a change in accounting policy should only be adopted when the account balances in the financial statements provide a much more relevant and reliable financial information in regards to the entitys financial position or financial performance. The approach that should be adopted by the company in changing its accounting policy is a retrospective approach or precisely the retrospective application. This is because as stated in section 19 of AASB 108 when an entity proposes the change in an accounting policy upon the initial application of an Australian Accounting Standard, that lists no inclusion of the specific transitional provisions, that may be applicable to that change, then the retrospective application for the change in the accounting policy should be utilized. Now, in relation to the case provided in the question, the managers feel the need to change the accounting policy as they reckon that such is a much more appropriate accounting treatment. Therefore, it can be understood that the respective accounting policy will be covered under the retrospective approach. As revealed in the case study the loss of financial data due to the computers getting affected by virus make it impracticable to determine the period specific effects that the change in the accounting policy will have on the assets and liabilities. Therefore, the new accounting policy shall be applied to the carrying amounts of the assets and liabilities (Carrol Laing, 2016). Now, in case of disclosures as the management of the company will have to be report the change in the accounting policy and the reasons that led to the decision making regarding the respective change in the accounting policy along with a detailed description of the areas where such a change has been applied. However, it should be noted that financial statements of subsequent periods should not have to repeat these disclosures (Loughran McDonald, 2014). Name of the company: AGL Energy Limited Current share price of the company: $24.990 Web link to the annual report of the company: https://www.agl.com.au/-/media/AGL/About-AGL/Documents/Investor-Centre/160828_AR_1587084.pdf?la=enhash=D41A3F2721F7C6978BB627E91339A8A13986DFAD References Carrol, A., Laing, G. (2016). Manipulation of earnings through correction of prior period errors (AASB108): An empirical test. e-Journal of Social Behavioural Research in Business, 7(1), 16. Hodgson, A., Russell, M. (2014). Comprehending comprehensive income. Australian Accounting Review, 24(2), 100-110. Loughran, T., McDonald, B. (2014). Measuring readability in financial disclosures. The Journal of Finance, 69(4), 1643-1671. Points, K. L. (2013). Financial Statement Analysis.

Reflection on Venediction Without Understanding free essay sample

But because majority of the Filipino was not educated, they could not see what Rizal wanted for all of them. They could not see what he was planning for our country and they did not see how it could benefit all of them, including the indios. Rizal is really intellectually excellent. He did not want to be separated from Spain because he knows that we can greatly benefit being a part of the country of Spain as a province. All of the indios will not be looked down since their rank will be elevated. If Spain has given us good education and better attention, there could be no revolution or act against the Spaniards. I admired Rizal’s intelligence.As a student who lives in this century, I can understand why our national hero did those things. He did not only think of the consequences of the action of the Filipinos but also their welfare after the proposed revolution. We will write a custom essay sample on Reflection on Venediction Without Understanding or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I strongly agree that we must be first educated on how to run a government properly so that we can appreciate what it really does before taking it from the colonizers. Taking over the government without really knowing how to run it will make the matter worse. People will be assigned to offices which does not really suit them and by that, they can be making wrong decisions that can affect the whole country.Rizal knew that Filipinos does not yet have the capacity to lead its own country. Rizal was not entirely sided with the Spaniards. He also saw flaws in the way they run our country. They have been cruel to Filipinos, which Rizal did not really like. His family was one of the people who have experienced maltreatment from the Spaniards. He himself is exposed to it. Hailing Rizal as our national hero was right. Many had sacrificed their lives for our country but it was Rizal’s unique ability that set him above the rest. He opposed rebellion because he thought it could do nothing good to our country.He knows that attached to rebellion is criminal methods which includes killing people and bombing. He never advocated independence, nor did he advocate armed resistance to the government. Rizal fought for national unity but feared the revolution. For example, there are many children in a room, each of them wanted to go out in the yard to play but the teacher will not allow them. Then the children will just wait until the teacher gets tired of watching for them and when the teacher is tired of containing them all inside the classroom, the teacher would eventually let them out to play.That is what Rizal was thinking. He thought that by obeying the rules set by the Spaniards and by following them, the Spaniards will give them reward and that reward in this setting is by letting them enjoy being part of the Spain’s territory. Rizal’s novel had awakened the Filipino who was immune to the treatment of the Spaniards. It had brought up the reality of those times which was really terrible. Rizal brilliantly exposed how awful the friars treated the Filipinas, how Filipino people wanted to become one of the Spaniards just to be famous and how hard it was to live during those times.The released of the novels made the Spaniards angry because they were part of it. But whatever they did to stop the novel from reaching Filipino hands, they were not successful. Although only few Filipino have copies, it was already enough to ignite the desire to be free, from the bondage of the Spain’s rule, within each of the hearts of the Filipino people. Having read the document, it helped me understand more Rizal and his every action. I realized that every decision made by Rizal was really studied on every angle. He was really a brilliant man. He really loved the Philippines that he really sacrificed himself for us to be free.

Slaves And Indentured Servants free essay sample

The lives of African slaves and the lives of European indentured servants were very different. African slaves were African and the Europeans treated them like animals. Although the European indentured servants were also treated badly, they were fellow Europeans and werent treated as bad. Indentured servants were freed after their period of duty and were paid to do their work. They werent captured to be indentured servants they were often lured. Slaves were taken by force and slavery went on indefinitely.One reason why the African slaves were different from the European indentured servants is obvious because the Africans were African and the Europeans were Europeans. Therefore, that changed many things since they were different races. Since Africans werent counted as people they didnt have any rights at all and they were owned by their master. They didnt have any living space so about ten slaves would stay in one room with absolutely no furniture. We will write a custom essay sample on Slaves And Indentured Servants or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Our beds were collections of straw and old rags, thrown down in corners and boxed in with boards, a single blanket the only covering, O says an African slave.When it was time for the slaves to be sold their buyers would put them on a block and say how healthy they were and examine their teeth as if they were animals to explain how much work they could do. However, the indentured servants were treated a bit differently because they were fellow Europeans. They had rights, a few, but some. They even could vote if their masters permitted them to do so. After their period of duty they were able to do everything that their masters could do.Indentured servants were bought and sold but they werent examined like they were animals as the slaves were. African slaves and indentured servants were also different because indentured servants were freed after their period of duty. After they worked from four to seven years they were freed and given land, clothing, corn, and hoes. They couldnt be held more than seven years. Even though their masters tried to keep them for a longer time by convicting them of impregnating a female servant, they eventually had to let them go African slaves were never freed.At times their masters would free them but most likely they were never freed, they had to do dull and repetitive work all their lives until they died of old age or were killed by their masters. And if they were freed they werent given anything, no land, no clothing, to start their new lives. Finally, indentured servants were not taken by force to get on the ship they were often lured. The spirits+ (people who recruited indentured servants) found the servants easily.They would bring the servants to dinner and give them lots of wine to get them drunk and when they were drunk the would have them to sign the papers. Also children would be lured on the ships by candy. When they got on the ships they got allowances of bread with little living space. On the other hand, African American slaves were seized by force and no papers were signed. We were alarmed one morning, just at the break of day, by the horrible uproar caused by the mingled shouts of men The village was surrounded by enemies, who attacked us with clubs, Eng wooden spears and bow and arrows. + says an African slave. Also when the Africans got on the ship they had a tiny bit of living space and were chained to the ships from their hands and feet. In conclusion the African slaves lives were different from the Indentured servants lives. The African slaves lives were a bit harsher, rougher, inhumane and that treatment went on longer. The indentured servants lives were a bit easier than the African slaves lives and ended within a certain period of time.

Standards, Goals, and Objectives are very critical in enhancing the learning process

Standards, Goals, and Objectives are very critical in enhancing the learning process Introduction According to Lalley and Gentile (2009), having very clear objectives is one of the important components of the learning process. In this regard, the teacher should have clear goals that serve as the guidelines for the learning process. The goals will help the teacher to be in a position to have an understanding of whether the learning process has been successful or not. It has been postulated that there are three components of the objectives namely- conditions, behavior and criterion.Advertising We will write a custom essay sample on Standards, Goals, and Objectives are very critical in enhancing the learning process specifically for you for only $16.05 $11/page Learn More Conditions refer to the material that the students will either be availed or not availed with when the objective will be assessed. Behavior refers to the activity that will be manifested by the students after the learning process. Criterion is the standard that is used as a me asure to determine whether or not the learning objectives have been accomplished in the learning process. These three components of the objectives are very critical in enhancing the learning process, and ensuring that the students grasp the concepts that are taught (Lalley and Gentile, 2009). Learning Goal 1 In the first goal, the students will be taught how to write the nouns in plural. In this regard, the students will be taught on how to use the suffixes –s and –ies. Measurable objectives The objectives of this learning goal will be to equip the learners with the skills that will enable them to recognize the plural forms. Moreover, the learners should also learn how to add the suffix –s to nouns in order to make them plural. At the end of the lesson, the learners should be in a position to read and form plurals that end with the suffix –es. Additionally, the learners should be able to make a distinction between those nouns that require the use of suffi x –s to make them plural, and those that require the use of the suffix –es. For this reason, the learners should know that the nouns that end with ss, x, ch, or sh should end with the suffis –es in their plural forms. On the other hand, those nouns that end in y must change the y to an i and add –es. Standard addressed The standard that will be addressed in this session will be the WI DPI Standard (R6). This standard outlines the objectives of the learning process. It can be used as the benchmark against which the learning process is evaluated in order to find out whether the learning process had been successful or not.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More This standard set it that the learners must demonstrate the ability to listen, read, view, and the most appropriate thinking strategies and techniques. This goal will be achieved since the students w ill be in a position to identify words that are in plural form and those that are in singular. This will have an impact in influencing the way that they read these words (Nemec and Bussema, 2010). Analysis of the learning goals In this lesson, the learning goal was to teach the students how to read and write nouns in plural. This is critical since it enables the students to communicate effectively. In this regard, the students can make a distinction between the words in plural form and those in singular. This will enable them to accurately communicate their ideas, which is one of the goals of this standard. In addition, this will enable them to distinguish those nouns that use the suffix –es and those that use suffix –s in their plural form. Learning Goal 2 In the second goal, the learners will be taught how to develop, use, and adapt the language according to the context and purpose. For example, the learners will be in a position to use vocabulary in the right contex ts. In this lesson the teacher will make use of flashcards to ensure that the learners gain an understanding of the various vocabularies. The teacher will start with the introduction of the concept of the multi-meaning words. As a result, the students will learn that homophones are words that sound similar but have different meanings. Objectives The learners will be expected to show that they understand the use of words with multiple meanings. Additionally, the learners should learn how to define and identify homographs. In addition, the leaner will be equipped with the necessary skills that will enable them to develop, use, and adapt language in accordance to the context and purpose. The standard addressed The goal in this lesson is to enable the learners to select the most appropriate words to use in a variety of settings. This is in line with the standards as outlined in WI DPI Standard (E2). This standard has it that the learners should be equipped with the right skills to enabl e them to develop, use, and adapt language according to context and purpose. The goal of this learning activity is to ensure that the aims of this standard are achieved. Analysis of the goal This goal is very important since the learner will be equipped with the right skills that will enable him to communicate effectively. Failure to select the most appropriate words in a variety of settings will result to a scenario whereby the students might not be in a position to be understood by the recipients of their messages. The learners should be in a position to communicate effectively using the right words and phrases in a way that do not distort the intended meaning. Learning goal 3 In this goal, the learners will be expected to develop their fluency when communicating using the English language. Consequently, the learners will be in a position to use the right diction, intonation and emphasis when communicating. To ensure that this goal is achieved, the teacher will be expected to faci litate a session whereby all the learners will be given an opportunity to read out aloud. In this case, the learners will be expected to manifest the appropriate intonation, phrasing, expression, and rate.Advertising We will write a custom essay sample on Standards, Goals, and Objectives are very critical in enhancing the learning process specifically for you for only $16.05 $11/page Learn More Objectives The first objective will be to ensure that the learners are fluent while communicating with others. In this regard, the learners should use the correct intonation, emphasis and diction that will help them to communicate effectively. The teacher should stress the importance of reading every word accurately or correctly. Consequently, when the student does not read a word in the right way, the teacher should encourage him to reread in order to clarify the meaning of that sentence. In so doing, the students will improve on their reading skills. Standard addre ssed The standard addressed in this lesson is the WI DPI Standard (R6). The major objective of this standard is fluency. In this regard, the students should be in a position to select and apply the listening, reading, viewing, visual representation, and thinking strategies and techniques. This will enable the students to have the right diction, intonation and emphasis that are required to communicate effectively. Analysis of the goal Having the right diction, intonation and emphasis will have the effect of helping the students to communicate effectively. This is because failure to pronounce the words the right way could have the effect of distorting the meaning of the words, and by extension the message that is being communicated. By directing the students to reread the words that they may have mispronounced, the teacher will be impressing on the students to always read and pronounce the words in the right way. Learning Goal 4 In this goal, the role of the teacher will be to equip t he learner with the right skills to enable them to understand the context and the applicability of the text to the contemporary settings. Objectives The students will be expected to be in a position to identify the characters in the story. In addition, the learners will be expected to understand the setting of the story. This will entail understanding the plot of the story, and where possible relate it to the events that are taking places in the current world. The standard that are addressed The standards that are addressed in this lesson are highlighted in WI DPI Standard (R4). The major goal of this standard is to promote the comprehension capabilities of the students. For this reason, the students should be taught how to acquire, organize, analyze, interpret, and evaluate text objectives. This is because there is a very big difference between reading for pleasure and reading for understanding. By understanding, the learners will be in a position to retain much of the information that they come across while reading books (Jiang and Elen, 2011).Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Analysis of the goals Sometimes, the students read books for the purpose of enjoyment and not necessarily to understand the issues that are portrayed therein. However, this lesson will help the learners to have an appreciation of the role of literature in pointing out the issues that take place in the current world. When the student are taught ways of ensuring that they understand fiction, they will be in a position to relate the issues that are highlighted and those that reflect what happens in the contemporary world. To enhance the efficiency of the teaching method used, the teacher will explain the elements of fiction. Students are supposed to learn the themes and setting of the story. Moreover, they are expected to learn the plot and the point of view. By having a better grasp of those concepts, the students will be well equipped to understand the stories that they read, and identify the issues that are portrayed (Jiang and Elen, 2011). Conclusion It has been postulated that the objectives are very important in the learning process. This is because they help the teacher in defining the learning outcomes. Additionally, objectives ensure that the teachers are focused in their teaching sessions to ensure that the students get the maximum benefits for the learning process. Additionally, these learning objectives help in clarifying, organizing, and prioritizing the learning process (Jiang and Elen, 2011). The objectives are important in evaluating how well the students have understood the concepts as well as giving them a chance to learn on their own. Reference List Jiang, L., Elen, J. (2011). Why do learning goals (not) work: a reexamination of the hypothesized effectiveness of learning goals based on students behaviour and cognitive processes. Educational Technology Research Development, 59(4), 553-573. Lalley, J. P., Gentile, J. (2009). Classroom Assessment and Grading to Assure Mastery. Theory into Practice, 48(1), 28-35. Nemec, P. B., Bussema, E. (2010 ). Learning Objectives. Psychiatric Rehabilitation  Journal, 33(4), 328-330.

Corporate Social Responsibility - A code of ethics Essay

Corporate Social Responsibility - A code of ethics - Essay Example Over the past 3 years Bibbyoffshore have seen a exponential growth in their business, the company now operates 2 dive support vessels (DSV's) with a third due to come online in late 2007. The company is now of such a size that it is able to compete with the larger existing oil and gas service companies who have dominated the market over the past 15 years. As Bibbyoffshore desire to attract more complex, higher value contracts, certain client expectations, such as the way in which Bibbyoffshore view their responsibility to the environment and society, need to be met. This is reinforced by Bibbyline' own mission to maintain growth whilst operating within their core values of: This management report aims to investigate the relevance of a Corporate Social Responsibility (CSR) Ethics strategy for Bibbyoffshore. Initially the development of CSR and Ethics within the Oil and Gas industry will be discussed followed by a short business case for a CSR strategy. A three year implementation strategy will be suggested along with a code of ethics and finally some concluding remarks. Corporate Social Responsibility (CSR) is the contribution of the business to the sustainable development goals of the Government. It is about how the business takes account of its economic, social and environmental impacts in the way it operates-maximizing the benefits and minimising the downsides. CSR is a voluntary actions that business can take, over and above compliance with minimum legal requirements, to address both its own competitive interests and the interests of wider society. (csr.gov.uk). Working within developing countries the oil and gas industry has the opportunity to be to be a positive force in generating the hard currency revenue that governments need to help reach national development goals. While a company is working in a country they invest and develop infrastructure, such as roads, that serve the community. This helps develop the economy of the country as supporting services such as material supply for roads is purchased within the country pouring funds into the economy. The oil and gas industry plays a key role in technology cooperation and capacity building. It means helping the host country to meet the basic needs such as infrastructure, health, education, training, job creation, and water supply. In order to

The Shawshank Redemption Movie Review Example | Topics and Well Written Essays - 750 words

The Shawshank Redemption - Movie Review Example He later escapes from the prison and reveals that the prison warden was corrupt. The warden then kills himself to avoid becoming a prisoner. Time and space are the main aspects used in this story (Dirks, 2012). The movie is an inspirational dramatic film and character study. It is supported by the golden cinematography by Roger Deakins. The posters used in the film display the power of home in bringing freedom into an individual. This film has themes that are connected with freedom such as the theme of hope and freedom. The main character is trying to free himself from false accusations through the use of his friend in prison, Red. The film is also a symbolic story of hope, companionship, endurance and redemption as the film ends. It had excellent cinematography and editing (The Shawshank Redemption). In this story, the, main theme is home whereby Andy is trying to escape from the detention center. When he goes into the prison, he wishes to start anew and forget about the loss of his wife. Prison keeps him isolated from the rest of the world. The posters on the prison cell represent hope and liberation which will only come from the outside world. The poster is what keeps Andy moving and desire to escape from the four walls. Sound is a significant aspect in this film. The sound of the cells, Red’s narration and music are used in this film. Sound is the reason while the story is existent. The movie also starts with a song and this indicates the relevance of music in setting the tone (Mainglar, 2009). The music is played depending on the mood of the scene. The photography of the film moves the practicality technique to shooting. The prison is extremely dark displaying the hardships found in prisons. The director wants the viewers to feel as if they are in prison. The other areas outside the prison are well lit because outside there is to be hope. When Andy escapes from the prison, it is raining, and when lightning strikes, it shows that he is free again. In terms of editing, the editing technique that is used in the film is the continuity. The pictures are absorbed into one another, and there are no random cuts. This is extremely compelling as it does not leave the viewer hanging. This film is extremely outstanding with its proper lighting, sound, and editing. The actors, Red and Andy, bring life into the movie by the clever acts. The involvement of the warden also makes the story fascinating to watch. It is full of prison drama. The director of the movie chose the right actors for their parts. The film does not depend on a lot of actions and exceptional outcomes. It, on the other hand, relies on its actors to do satisfactory work to make the film interesting. The use of narration also brings out an intellect of fate in the film (Mainglar, 2009). This differentiates it from other films whereby people use a lot of money and utilize unique effects to make the film happen. The audience is supposed to get to know any through his friend Re d which is misleading because the opposite happens. It keeps the viewer guessing every time (Mainglar, 2009). Through this story, we learn that friendship is extremely relevant and that friends should care for one another. We also learn that hope is necessary whenever someone is faced with a bad situation. Hope keeps people moving and doing things that are difficult. The film also educates us on the value of patience. Andy had the patience that one day he would escape from the dark place, prison. His patience

Global Hunger Essay Example | Topics and Well Written Essays - 2000 words

Global Hunger - Essay Example mbined aid of between $135 and $195 billion for the next ten years, which may seem like a lot but it is not, according to Sachs, because it would only represent a small increase in the gross domestic product percentage of each country. Sachs is a valid source on this issue, as he has worked as an economist for various institutions and countries and is even a special advisor to the United Nations on global poverty. Extreme poverty, which is defined by Sachs as having an income of less than a dollar per day, is a significant problem, as it is responsible for countless deaths worldwide each day and is solely responsible for the extreme living conditions in many developing countries. This book uses a number of significant analyses from Sachs’s own experiences, which give the book a very legitimate feel. Also, Sachs discusses many of the causes of global poverty and gives solutions to how these problems can be fixed and why the governments of these countries should listen to his th eories and implement these solutions. One of the main reasons for extreme poverty, according to Sachs, is that much of the world suffers from poor geography, poor road and rail networks, and/or poor healthcare. This makes travel to and from these locations difficult, which cuts down on the amount of trade that other countries are willing to do with that particular country. It also makes these regions unviable for tourism, which is a main source of income for many wealthy nations. This makes it very difficult to maintain any type of economic growth, as there is very little to build on. Even though â€Å"todays search for cheap labor has moved jobs from rich countries to poor,† (Landes, 520) the disparity between the countries remains. Without any immediate sources of viable income, these countries have become trapped in subsistence mode, which makes it nearly impossible for them to develop at a significant rate. All of the money that these countries do produce goes into maintaining what the