Monday, May 25, 2020
Globalization in the contemporary world means that transnational relationships are both extensive and intensive (Held et al., 1999) Interdependence is inevitable. It is this interdependence that has created an impetus towards a form of global governance. Governance is a concept as old as history, enacting it on a global scale, though not an entirely new concept, has become increasingly popular in recent years. Intrinsic to any understanding of governance, global or national is the concept of power. My research question is examining the interaction between these concepts of power and global governance, followed by a particular focus on the United Nations. As an intergovernmental organization, the United Nations has been very active on the world stage, attempting to find consensus and pursue progress between states, and other major groups. Within the many areas of concern to the United Nations, global development holds a particular position of importance, and they have made many different efforts in its pursuit. The most notable and global of these has been the Millennium Development Goals, which were established as global targets at the United Nations Millennium Summit. The post-2015 development agenda is the latest pursuit of the UN, following on from the Millennium Development Goals, on the road to full global development. The Millennium Development Goals were put together at the beginning of the 21st century, while the importance of global governance was changing. The endShow MoreRelatedGlobalization Of The United Nations878 Words Ã |Ã 4 PagesGlobalization has been happening at a rapid pace within the last few centuries. States are expanding their economies to outside their own borders, creating a more global economy by way of exportation and importation of various products. Transportation has gotten faster and more reliable. Telecommunication is no longer just by use of stationary landline phones. With all these changes people are becoming more interconnected with each other. However with all the economic and technological gains thereRead MoreImpact Of Globalization On The United Nations And European Union2243 Words Ã |Ã 9 Pagessimply describes it as a process that presents a connection and interaction between countries and nations particularly in economic, cultural and political aspects amon gst others, with Trans National Corporations (TNCÃ¢â¬â¢s) such as McDonalds being increasingly present in Asia, or Spanish films being shown in New York as well as groups of countries coming together to create organisations such as the United Nations and European Union. Key characteristics of globalisation include improved technology, Non-GovernmentalRead MoreImpact Of Globalization On The United States And Our Relations With Other Nations Essay2272 Words Ã |Ã 10 PagesGlobalization is a process which involves the establishment of economic, cultural, and socio-economic relations between nations around the world. It is a concept that has fascinated me for quite some time because of itÃ¢â¬â¢s influence on topics such as; why one country gains while another loses, why certain people thrive while others diminish, how technology impacts human labor and workforce, etc. Specifically, I have always been drawn to the economic consequences of globalization and how they impactRead MoreT he United Nations Scientific Committee on the Effects of Atomic Radiation: Adapting to the Globalization of Atomic Energy1432 Words Ã |Ã 6 Pagesinvestigated and quantified. Because of this uncertainty and lack of knowledge, both the United States and the Soviet Union were more likely to defect in order to keep classified secrets hidden. In terms of iteration1, or how to interact strategically, it was difficult to do so because of the lack of information and the fact that the information was very asymmetrical and most of this information was held by either the United States or the USSR. These two poles were (understandably) not sharing their fullRead MoreGlobalization : The Super Story1366 Words Ã |Ã 6 PagesFriedmanÃ¢â¬â¢s article, Globalization: The Super-Story, he defines globalization as the inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before. In simple terms, globalization is the process of internationa l mingle that comes from the interchange of world views. Friedman is one of the key protagonists of the concept of globalization and defines this new system with a series of key words and three balances which make up the globalization system. FriedmanRead MoreGlobalization Perpetuates Economic Interdependence between Countries993 Words Ã |Ã 4 PagesGlobalization perpetuates economic interdependence between countries. Through the increasing volume of goods and services transferred across borders, globalization has created international capital flow and boosted the rapid diffusion of technology. According to Dr. Ismail Shariff, Ã¢â¬Å"globalization is the worldwide process of homogenizing prices, products, wages, rates of interest and profit.Ã¢â¬ Three forces control the manner by which globalization furthers developments. These factors include the roleRead MoreImpact Of Globalization On The Economy And Foreign Producers, Or Globalization1698 Words Ã |Ã 7 Pagesglobal econom y and foreign producers, or globalization. Globalization, according to the Merriam-Webster dictionary, is Ã¢â¬Å"the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor marketsÃ¢â¬ (Merriam-Webster). Many people in the world see globalization as either being a blessing or a curse, and necessary or completely unnecessary. This paper will explain that globalization has both benefitted and damaged theRead MoreThe Phenomenon of Globalization1498 Words Ã |Ã 6 PagesA precise definition of the concept of globalization has not been formulated despite the efforts of many experts in a variety of disciplines. Nevertheless, there is little doubt that globalization has begun to take effect throughout the world and that as it develops it has begun to transform the worlds economy, its social structure, and political balance (Roundtree, 2006). How pervasive these changes may be remains to be seen but the fact that they are taking place cannot be denied. As indicatedRead MoreGlobalization And Its Impact On Society1369 Words Ã |Ã 6 Pages Globalization is a broad term used in multiple social studies classes. There are three types of globalization: cultural, economical and political. As both positive and negative views exist on globalization; using just the word globalization isnÃ¢â¬â¢t specific enough to understand these viewpoints. Knowing the different types of globalization will allow a person to form their own opinion whether or not each individual type of globalization has a positive or negative impact on society. Cultural globalizationRead MoreGlobal Trade : Identify The Losers1626 Words Ã |Ã 7 Pagesbusiness in other countries for a century; however globalization has changed the picture for even smaller companies around the world. Smaller companies can also get their market share in the global economy. In this paper, globalization is defined, as well as identifying various challenges and opportunities associated with globalization. Defining Globalization Globalization is the distribution of products and services to nations around the world. Each nation s economy is integrated and interdependent
Thursday, May 14, 2020
Animal Rights There she sits in her favorite restaurant at her favorite steak house ordering her most favorite meal, steak. It s hunting season and he has been waiting all year to go deer hunting with his father and he just can t wait. The 8 year old girl goes to the doctor sick and discovers she has diabetes. In order to live, she has to inject herself with insulin everyday for the rest of her life. If animal rights is a law then we wouldn t have the luxury of any of these things. Although animals deserve welfare to protect them, animals should not be allowed to have rights because they are essential to medical research, nutrition, and if we didn t consume and use animals there would be an over abundance of them. Laws AnimalsÃ¢â¬ ¦show more contentÃ¢â¬ ¦The law passed by the United States in 1966 places strict laws on animal testing as well. These laws are important for keeping our animals safe and they are very strongly enforced. There is also a human welfare act that puts special protections on animals such as cats and dogs. Medical advances Although animals should never be allowed for cosmetic research, using them for medical research and advances is essential. The medical advances that have been made because of animal testing are mind blowing. Without animal testing, medicine would not exist. Animal testing has helped us discover many treatments to cancer, infections, vaccines for viruses and surgeries.The reason for successful organ transplants in humans are because it was tested out on animals first. For example vaccines have been discovered for smallpox, and polio. In 1980 smallpox was eradicated forever. The deadly disease diabetes kills 29.1 million people a year. Without help of dogs and fish for the invention of insulin, the number of deaths would be a lot higher than they are now. Animals are helping scientists better understand uncured diseases like malaria, tuberculosis, and typhus. Hopefully soon these diseases will have a cure but without
Wednesday, May 6, 2020
The minister or pastor had many tasks which are preaching, church administration, liturgical leadership and pastoral care. Indeed one of his problems in attaining self-knowledge is the necessity of coming to terms with so many demands and the discrepancy between what he conceives as his chief ministry and the preoccupation with running the church. Two points concerning the vocational aspect of the ministerÃ¢â¬â¢s self-knowledge need special attention. First, the pastor must work out his definition of what of what is distinctive in his counseling as pastor. Second, the pastor must be a theologian, and the kind of practical theologian who can keep theological concepts in significant relation to human experience. II. Theological reflection on pastoral care and the pastoral counseling process What is the relationship between theology and the work of pastoral care and counseling? The theological reflection on pastoral care and the pastoral counseling process have several directions one may take. I believe that this topic is huge and I am going swam around it because it is not my subject of interest. I believed that theology is the heart which we discourse about God. But remember every one of us have its own theology sort of. Each person has some idea about the nature of the universe, about humanity, and about the purpose of life. Sometimes you may find someone who says that they are an atheist or know about atheist. Somehow they may have been raised in a church but now haveShow MoreRelatedPASTORAL COUNSELOR S IDENTITY AND ETHICS PAPER BClayton1713 Words Ã |Ã 7 PagesUNIVERSITY PASTORAL COUNSELORS IDENTITY AND ETHICS PAPER A PAPER SUBMITTED TO DR. STEVEN BROOKS PACO 500 INTRODUCTION TO PASTORAL COUNSELING BY BEN CLAYTON JR. DETROIT, MICHIGAN MARCH 22, 2015 Abstract This paper is comprised of information gathered in order establish and identify ethical boundaries and guidelines that are to be adhered by this counselor. This study also includes information that is needed to obtain necessary licensing and training to ensure proper pastoral care training isRead MoreTheological Of Pastoral Care And Pastoral Counseling1354 Words Ã |Ã 6 Pagestheological of pastoral care and pastoral counseling I will view all the human being as it was written in the beginning with Genesis 1:27: And God created man to his own image: to the image of God he created him: male and female he created them. As I know the creation of human being, therefore, my pastoral care and pastoral counseling will also views all human being as spiritual and bodily creatures created by God. As a result, my priority in pastoral care and pastoral counseling is that I wasRead MorePastoral Reflection paper1611 Words Ã |Ã 7 PagesÃ¯ » ¿ Pastoral Counseling Reflection Paper University Abstract This paper shares a reflection of my pastoral counseling experiences. My experiences have been while serving overseas as a M, along with my time serving at Church as the Assiocate Pastor. In this paper I will share past events and what I have learned from them when it comes to counseling. I will share what I have learned through reading the assignment required by PACO 500 and how it has changed the way I view my past experiencesRead MoreProspects For Future Study1169 Words Ã |Ã 5 Pageschaplaincy believes is missing and what the comfortability with using pastoral counseling to inoculate Soldiers would be. Regardless of the official military uses for this training, the Project Director believes that a wonderful future direction would be to find a way to take this training and adapt it to train youth ministers, pastors, and any leaders. This would allow senior pastors or other leaders to train ministers to be better pastoral counselors in their own churches with people who have nothingRead MoreFinal Project Essay7836 Words Ã |Ã 32 PagesSOLUTION-BLESSED BRIEF PASTORAL COUNSELING PROJECT by Amy Tahran L22263350 Presented to John Hobbs, In partial fulfillment of the requirements for PACO 500 Introduction to Pastoral Counseling Liberty Theological Seminary Lynchburg, VA 12 August 2011 ABSTRACT For this project, I am placing myself in a hypothetical context as a staff pastoral counselor at my home church in Valley City, ND, serving a congregation of approximately 200. I have chosen as my overarching goal forRead MoreBereavement And Pastoral Counseling : The Loss Of A Loved One Through Death1543 Words Ã |Ã 7 PagesBEREAVEMENT AND PASTORAL COUNSELING The loss of a loved one through death is one of the most difficult situations that people must cope with. People need the support of others during their time of bereavement. Because of this, pastoral counseling plays a vital role in helping people overcome feelings of grief. It is important for pastoral counselors to be able to provide consolation and hope to those who are undergoing the process of bereavement. Death is a natural part of life because everyoneRead MoreTheological Issues On The Body Of A Person Is Broken Through The Lens Of The Adult Mind1436 Words Ã |Ã 6 Pagesbroken through traumatic experience like CSA, the question of worth within the self, family and in the larger body of Christ emerges. Victims who find it difficult to view God as love and sustainer and thus accurately ascribe self-worth may find pastoral assistance helpful. SinÃ¢â¬â¢s distortion of value causes a restructuring of reality into a more tolerable version and Ã¢â¬Å"these postures of refusal and resistance are an idolatrous turnÃ¢â¬ (Ramsay, 1998, p. 159) away from God. Selfishness, negativity, promiscuityRead MoreCommunication Strategy in Pastoral Counseling2804 Words Ã |Ã 12 PagesCS in PC 1 Communication Strategy; Use in Pastoral Counseling Rosa Menchen COMM 200 Instructor B. Matts May 24, 2010 CT in PC 2 I not only plan on furthering my career, but attending post graduate school, and obtain a MDiv. My ultimate goal is to become a health care chaplain, and/or an emergency chaplain. Having previous experience in the health care field, as well as a chaplaincy in the American Legion for several years, I have found that pursuit of this goal would not onlyRead MorePACO 500 Identity And Ethics LAT 2 Revised Essay3666 Words Ã |Ã 15 PagesÃ¯ » ¿ PASTORAL COUNSELORÃ¢â¬â¢S IDENTITY AND ETHICS PAPER Lisa A. Thomas Liberty University CONTENTS Abstract 2 Paradigm for Identity and Ethical BoundariesÃ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.4 Potential for Professional Partnerships ...Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦6 An Organizations Ethical Guidelines Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.7 Pre-Counseling PackageÃ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 8 ConclusionÃ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. 10 References 10 AppendixÃ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦11 RubricÃ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Read MorePastoral Care and Counseling Essay5654 Words Ã |Ã 23 PagesIntroduction Pastoral care and Counseling is one of the important ministries in the Church at any place in the world. Our churches are filled with people who experience crisis, lost, loneliness, anxiety, depression, divorced, and family problems. Pastors have a huge opportunity to help people just by listening and encouraging those in household of faith. In some cases it is just enough to listen and teach biblical principles of living but in the other cases there is the need to be specifically train
Tuesday, May 5, 2020
Question: How the finance function can support management? Answer: Role of the Finance Function for a Management. Finance always plays a very important role in the management of the company due to its varied functions in every field of management of an enterprise. One of the important functions that is being provided by the Working Capital Management. The working capital is a concept that is many more times than what its name suggests. The working capital cycle of a company determines how well the managers are being solving the cycle of conversion throughout the operating cycle of the company. The working capital which shows the difference of current assets and liabilities is utmost the basic fact that what is the funding and finance position in the business. The working capital of a company in UK can be presented as under: Calculation of the Working Capital Of British American Tobacco For 2013 Working Capital represents the difference of Current Assets and the Current Liabilities For a company The Current Assets Of British American Tobacco consists of Items Amount (million pounds) Inventories 4,042.00 Income tax receivable 95.00 Trade and other receivables 2,876.00 Available-for-sale investments 54.00 Derivative financial instruments 312.00 Cash and cash equivalents 2,106.00 Total 9,485.00 The Current Liabilities Of British American Tobacco consists of Items Amount (million pounds) Borrowings 1,980.00 Income tax payable 487.00 Other provisions for liabilities and charges 194.00 Trade and other payables 5,741.00 Derivative financial instruments 34.00 Total 8,436.00 CURRENT ASSETS 9,485.00 CURRENT LIABILITIES 8,436.00 WORKING CAPITAL 1,049.00 The finance function playa a very important role in the life style of the company as it helps the management to manage the resources in a financially sound manner. The working capital of the company is positive which presents an idea of the fund blocked in the circulation working capital cycle. The management of working capital increases the profitability of the concern and the liquidity problems relating to the business are solved. It ensures that the short term obligations of the company are taken care of. Investor are also ready to invest in a company with good current ratio i.e. the current assets are greater than the liabilities. The issue of fund management generally occurs due to the reasons such as non financing functions being used to manage the operations of the business cycle which in turns hampers the situation of the corporate around the world. If a company is able to manage the working capital then there will be no issues relating to the shortage of short term funds in any situation. So, it can be said that the working capital management leads to increase in the profitability and the liquidity in the organization. Thus working capital management helps in wealth maximization of the shareholders.(SBA) The concept of working capital and the cash conversion cycle in the case of British American $ Tobacco company can be understood using the finance function which can help them to understand the role of the people in the financing structure of an organization. References Vahid, T. K. (2012, October). Sciencedirect. Retrieved from https://www.sciencedirect.com/science/article/pii/S187704281203666X ICAEW. (n.d.). Retrieved from https://www.icaew.com/en/technical/business-and-financial-management/business-support-functions catalogue.pearsoned.co.uk. (n.d.). Retrieved from https://catalogue.pearsoned.co.uk/assets/hip/gb/hip_gb_pearsonhighered/samplechapter/Watsonch3.pdf Valcon. (n.d.). Retrieved from https://www.valcon.in/en-GB/Services/CFO-services/The-CFO's-contribution-to-the-bottom-line.aspx Valcon. (n.d.). Retrieved from https://www.valcon.in/en-GB/Services/CFO-services/Strategic-development-of-the-financial-function.aspx
Monday, April 6, 2020
How changing world environment is leading to an increased focus on international accounting Saudagaran (2009) says, Ã¢â¬Å"The purpose of accounting is to provide information that is useful for making business and other economical decisions.Ã¢â¬ Advertising We will write a custom research paper sample on Global Accounting Standards specifically for you for only $16.05 $11/page Learn More The growth for businesses from small companies to multinationals has raised the need for international accounting since the accounting information is needed by the stakeholders for making business and economical decisions. (Saudagaran). In the capital markets where capital is graded, listed companies need to apply international accounting standards especially if the market is experiencing a steady growth. This will make it easy for foreign investors to make timely and well informed decisions on investing in the market without undergoing the consultation cost or learnin g the new accounting standards. (Saudagaran, 2009). In 2008, during the sub-prime loan crisis in America, financial institutions and investors worldwide experienced massive losses from the meltdown. The crisis provided evidence that in a global financial system, national borders are porous. (Saudagaran) Difference in accounting method as they are applied internationally There are two types of accounting methods the cash and the accrual method. According to Rich et al 2009, cash method mainly deals with incomes. Under cash basis accounting, revenue has to be recorded when the cash is received regardless of when it is actually earned. Similarly, an expense is recorded when cash is paid.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, by recording only the cash effects of transactions, cash-basis financial statements may not reflect all the assets and liabilities of the c ompany at a particular date. For this reason, most companies do not use cash method. (Rich et al, 2009). Accrual method is an alternative of cash method and transactions are recorded when they occur. (Rich et al 2009) He further says that Ã¢â¬Å"the reason why accrual accounting is superior to cash method is because it ties income measurements to selling which is the principle activity of the company.Ã¢â¬ So this means that all revenues are recognized as they are earned and all expenses are recognized when incurred. Accrual method also has a more complex system that records both cash and non cash transactions. (Rich et al). Time period assumption Most stakeholders usually demand timely information from companies so companies have to frequently produce financial report like the quarter year report, half year report and end year report to satisfy information users (Rich et al, 2009). Since companies are involved in different activities every time, there is great need to record ever y transaction on time for proper accountability. Revenue recognition period This principle is used to determine when revenue is recorded and reported. Under this principle, revenue is to be recognized or reported in the period in which these two conditions are met; the revenue is earned and collection of cash is reasonably assured. According to Rich et al (2009), the requirements are met when goods or services have been delivered or performed to the customer since at this point the risk of ownership has been transferred from the seller to the buyer regardless of when the cash is received. Matching principle In matching principle expenses are incurred regardless of when the cash is paid. (Riahi, 1985) Expenses of an accounting period should include only those costs used to earn revenue that was recognized in an accounting period and exclude cost used to earn revenue in early or later periods thus the key to expense recognition is matching the expense with revenues. (Rich et al, 2009) .Advertising We will write a custom research paper sample on Global Accounting Standards specifically for you for only $16.05 $11/page Learn More Classification of accounting models used in different geographical regions Bhattacharyya 2005 states that, Ã¢â¬Å"accounting model is a key that unlocks the mystery of double entry accountingÃ¢â¬ . Accounting models are based on two major parts; the T model, the five ledger accounts model which are also the accounting models. Accounting models include asset account, revenue account, liability account, equity account and the expense account. The accounting model used in a particular geographical region basically falls under either of the above mentioned depending on the preferred model and business. Role of International Accounting Standards Committee and International Accounting Standards Board The role of International Accounting Standards Committee through committees and consultations with the Internationa l Accounting Standards Board in establishing International Accounting Standards is issuing interpretation of standards since was replaced by the International Accounting Standards Board. (Mattessich, 2007). The International Accounting Standards BoardÃ¢â¬â¢s role is to regulate and amend International Accounting Standards and International Financial Reporting Standards and also to create new standards if possible. They essentially oversee the application of the standards to ensure uniformity. Examination of different accounting standards and determinants of national accounting standards Political and economical ties Countries which are geographically close usually create trade unions for free movement of goods, services and capital between them. Political and economical ties play a major role in the formation of these trade unions which relatively affect the accounting standards used by the union nations. (Riahi, 1985). Nations like Germany have adopted the cash method since itÃ¢â ¬â¢s a communist government and its main focus is the welfare of every individual. Britain, a capitalist government has adopted accrual method since in a capitalist government the main focus is about competition which will in turn influence growth. Therefore, all the nations allied to the two countries tend to have similar accounting practices. (Riahi, 1985).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Level of inflation During inflation firms tend to choose a different accounting policy for stock keeping, either LIFO or FIFO, to ensure maximum profitability. (Mattessich, 2007). The governments usually try to cub the level of inflation by employing both scholars and professionals to try and regulate inflation. In Zimbabwe, a country that has the highest level of inflation, very minimal growth can be achieved so the government tries so much to fight inflation. In developed countries like America, inflation has very minimal effect so the two countries are forced to adopt different accounting standard for the welfare of the people. Level of economic development Germany is a major producer of goods and low producer of services since most of its population comprises of the elderly. This means the government receives more taxes from exports. The government has adopted the cash accounting model since this model ensures that the welfare of the people is well catered for. In Britain, the g overnment has adopted both the accrual and the cash model. This is because Britain is a major producer of goods and services. They have adopted a capitalist kind of government which encourages people to work hard. National culture The national culture is usually carried down from one generation to another. Germany colonized most of the African and European countries. Germany has adopted a communist kind of government. Such countries adopted a similar kind of government and accounting practices that were carried down to the subsequent generations. Relationships between business and capital providers This is especially important if the capital providers are foreigners. This is because the capital providers will need accounting standards that they best understand. This is mostly experienced in the capital market especially when a steady growth is noted and most investors are foreigners (Bhattacharyya, 2005). Both Brazil and India have been forced to change their accounting standards to influence capital inflow from foreign investors which is healthy for growth. This is because the two countries have had a steady growth. Therefore, in conclusion, these various determinants impact significantly in the determination of a countryÃ¢â¬â¢s accounting standards. Thus such factors should be put into consideration in understanding the reasons of adopting one accounting model over another. References Bhattacharyya, U. (2005). Municipal accounting: concepts and practical issues. Mittal Publications: India. Mattessich, R. (2007). Two Hundred Years of Accounting Research. Routledge: Britain. Riahi, B. (1985). International Accounting: issues and solutions. Quorum Books: California. Rich, J., Mowen, M., Hansen, D. Jones, J. (2009). Cornerstone of Financial Accounting. Cengage Learning: Florence. Saudagaran, S. (2009). International accounting: A User Perspective. (3rd ed.) CCH: Chicago. This research paper on Global Accounting Standards was written and submitted by user Jonah A. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Monday, March 9, 2020
Richard and Saladin essays Richard 1 and Saladin were both major leaders in the Third Crusade. They were both very intelligent at an early age, and possessed precocious political and military ability, which made them very successful. Richard was hot-tempered, cruel, and irresponsible, which made it easy for him to be despised by many. In contrast to Richard, Saladin studied poetry and was known as a saintly hero by the Muslims. He was even admired by the Christians for his honesty and bravery. Saladin and Richard had mutual respect for one another after the Battle of Arsuf, when they had made a truce. Both Richard and Saladin had great military and political abilities at an early age. Richard 1 was given the duchy of Aquitaine, his mothers inheritance, at the age of 11 and was enthroned as duke at Poitiers. Richards eldest brother, Henry the Young King, was simultaneously crowned as his father's successor. Richard and his other brother, Geoffrey, then learned how to defend their property while still teenagers. Richard was also six feet four inches tall, which gave him a great advantage militarily. Saladin, as a child, was a scholar who studied the Koran as well as poetry, and his scholarly ways would continue through his life. At the young age of fourteen, he entered into the service of his uncle who was a great and respected Arab warrior. Another mentor of Saladin was the Saracen chief Zenghi. Saladin learned his military lessons well and soon began to stand out among Nur ed-Din's forces. Richard had no filial piety, foresight, or sense of responsibility. He joined his brothers in rebellion against his father, who invaded Aquistaine twice before Richard proposed and received pardon. Afterwards, Richard was occupied with holding back people revolting in his own duchy. His harshness made the Gascons angry, and they later revolted. After Richard became heir to England, and to Normandy and Anjou, his father wished him to yield Aquitaine to his you...
Friday, February 21, 2020
ANswer the questions - Assignment Example In the piece, the followers are fond of Jones due to his thoughts and ideas. Jones is also of good character. He is admired for his conduct, nature, and constructive ideas. There are several explanations that help illustrate the relationship Jones had with his followers. It is evident, however, at some point; Jones was not a charismatic leader. Charismatic leaders are supposed to integrate the opinions and ideas of his followers and not just issue commands. Jones used threatening symbols and threats to ensure loyalty from the people. Unlike Jones, charismatic leaders should give their followers to come up with a platform that they can create solutions to problems. Charismatic leaders give their followers the freedom to express themselves and allow social interaction. For the better part of his life, jones was a transformational and charismatic leader. He was charming and even the high political leaders in San Francisco wanted to be associated with him. He was able to develop ideas that integrated racial equity. Jim Jones was not concerned with race and did not practice any racial bias. He was devoted to helping the oppressed especially the African-Americans (Caulla 154). His approach of an ideal and better world made devotion to his cause possible. Most people that would have found out about Jones addiction to drug use would stop following and believing in him. Furthermore, he let his personal attributes get the best of him. His close associates did not want the public and his followers to know about the massacre. He played with the publicÃ¢â¬â¢s emotion to ensure his relevance. At one point, jones argued that the people that committed suicide did a justified cause to a revolutionary action that disproves a brutal