Ethical Issues Of Financial Accounting - 984 Words

Another important point is the reporting to whom. Financial accounting is meant for external reporting to all who are interested in the company’s activities. But in management accounting it is altogether an internal reporting aimed at helping managers in discharging their responsibilities. Financial accounting basically contains monetary information. But managerial accounting will contain both monetary and non-monetary issues that are helpful to the management. For example financial accounting will show only finance related data on a new product developed. But managerial accounting in addition to those data may also show other non-monetary data like expected time to develop the product, possible yield and risk associated with it, expected†¦show more content†¦Important parts of corporate codes of conduct are integrity, performance of duties, and compliance with the rule of law. They also uniformly prohibit the acceptance of kickbacks and improper gifts, insider trading, and misappropriation of corporate information and assets. Describes at least three managerial accounting techniques available and their application within a business or organization: Management accounting techniques give business leaders the tools to measure and increase profit margins while lowering operating expenses. The scope of analytical techniques is large enough to fill college textbooks, and the Institute of Management Accountants offers certifications highly valued by the accounting industry. Through careful application of management accounting techniques, leaders are able to steer their organizations in the right direction and enhance profitability. Breakeven Analysis: A breakeven analysis allows members of management to gauge how much of a product or service they need to sell to recoup operating costs and turn a profit. This involves calculating variable costs, fixed costs and expected sales volumes. Although the calculation is straight-forward in nature, determining the variable and fixed costs takes careful analysis. Administrative costs, rent and insurance are among the expenses that factor into the equation. If a breakeven analysis is performed properly, businesses stand a better chance of generating a

The Nineteen Five Theses On The Power And Efficacy Of...

When Martin Luther wrote the â€Å"Ninety-Five Theses on the Power and Efficacy of Indulgences† in 1517, he was making a bold and unprecedented move: challenging the Catholic Church. As a German Catholic priest himself, Luther was not afraid to condemn the Catholic Church, even publicly, which is how he displayed the original copy of the theses. Luther’s issue with the church wasn’t personal but was instead based on what he saw as violation of the religious morals and teachings of God. For example, he highly disapproved the church’s several claims of salvation and forgiveness on earth. The ninety-five theses acted as Luther’s tool of protest against the church and also acted as enlightenment to the masses. Publication of the theses is also often noted as the spark that initiated the Protestant Reformation after centuries of religious tension buildup. Luther’s overall disapproval was â€Å"against the corruption† and dishonesty of the c hurch (Bishop, p.1). In the theses, Luther outlined what and how he believed the Catholic Church was doing wrong and how it should be corrected. He argues against the church’s abuse of power and the way it took advantage of its members. What the ninety-five theses did was outline two major points: the selling and buying of indulgences as well as the issue of purgatory regarding to God, the Catholic Church and the Pope. The forefront issue in the ninety-five theses deals with indulgences. Luther delves deeply into how and why indulgences were sold by theShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesdetermining beginnings and endings that accord with major shifts in political and socioeconomic circumstances and dynamics rather than standard but arbitrary chronological break points. In the decades that followed the Great War, the victorious European powers appeared to have restored, even expanded, their global political and economic preeminence only to see it eclipsed by the emergence of the Soviet and U.S. superpowers on their periphery and a second round of even more devastating global conflict.Read MoreStrategic Marketing Management337596 Words   |  1351 Pages14.5 Summary 15 Modelling approaches – 2 15.1 Learning objectives 15.2 Introduction 15.3 Allowing for risk and uncertainty 15.4 Matrix models 15.5 The marketing performance assessment model 15.6 Some other approaches to modelling 15.7 Summary Stage Five: How can we ensure arrival? Strategic implementation and control 16 Problems to overcome 16.1 16.2 16.3 16.4 16.5 16.6 16.7 16.8 16.9 Learning objectives Introduction Pressures Problems in the marketing subsystem Problems of marketing feedback Information

Aeneid Book 8 Essay Example For Students

Aeneid Book 8 Essay Aeneid: Book 8Book eight of the Aeneid starts with Aeneas in an anxious and nervous mood. With Turnus rallying his troops, and the uncertainty of aid from other territories, Aeneas mind is in turmoil. His thoughts are further confused when he sleeps that night and has a prophetic dream. He dreams he is lying on the bank of a river when the God of the Tiber river appears. He eases Aeneas troubled mind by saying that he has made it to the new Trojan home. He goes on to say that if he doubts this vision, he will find a white sow on a riverbank the following day, with thirty young pigs around it. He further explains that Aeneas must head for Pallanteum and seek an alliance with the ruler of this land, Evander. The dream ends as the Tiber river tells Aeneas that he will aid him with fair currents. Aeneas sets sail the next day on a calm river, on his way to visit Evander. He finds the king in the middle of a celebration honoring Hercules. Aeneas and Evander talk and discover that they are actually distant relatives, and Evander agrees to help Aeneas in the coming war. Evander then goes on to invite the Trojans to the feast. At the feast, Evander relates the story of how his people came to celebrate Hercules on a special day. The story goes that there was a half-man half-monster named Cacus who would terrorize and kill the people of this town. One day, Hercules was traveling through this land with his cattle. Cacus then stole some of the cattle and Hercules chased him to his mountain hideaway. Hercules lifted the entire mountain up, found Cacus, and killed him. As the night comes, Aeneas and Evander sleep as Venus and Vulcan stay up. Venus uses her powers to seduce Vulcan and convince him to do her a favor. Vulcan went to the Cyclops forge on his island to do work for his wife. He employed all the Cyclops to help him in his task of making new armor for Aeneas. In the meantime, Aeneas and Evander are preparing for war. They wake early to have a meeting and decide leadership. Evander chooses to put Aeneas in control in accordance with a prophet he received saying: No Italian, by right, may rule your assembly. Choose a foreign leader. Then minutes before the battle, Venus appears and brings the forces under Aeneas weapons. Aeneas uses this appearance from heaven to motivate his troops for the battle. Lastly, she gave Aeneas the armor that Vulcan had been preparing. The armor was made out of gold and silver, with a breastplate that reflected the sun so violently that it would blind others. The shield depicted scenes of Roman history. Vulcan, knowing the fate of Rome, had carved in events that would shape what Rome would be. First, on the shield, was an illustration of a mother wolf nursing two twin babies. Next was a picture of the rape of the Sabine women attending games. Following that was a scene depicting Mettus being drawn into pieces by four horses, all pulling in different directions. On the top of the shield was Manlius, guarding the Capitol Hill. Next was a scene warning of the Gauls who appeared on the shield with wild hair and all were carrying spears. Also on the shield was a picture showing Cataline dangling from a rope. The final scene was in the center of the shield, and it depicted the great battle at Actium, between Augustus and Antony. Two fleets were shown amidst turbulent waters, fiercely battling. The chapter ends with a des cription of Caesar Augustus riding through Rome, celebrating with his countrymen. It shows people of all races who had been conquered by Romes greatest ruler. .u626439fca1a02eb1e11fd9862eb7d0b2 , .u626439fca1a02eb1e11fd9862eb7d0b2 .postImageUrl , .u626439fca1a02eb1e11fd9862eb7d0b2 .centered-text-area { min-height: 80px; position: relative; } .u626439fca1a02eb1e11fd9862eb7d0b2 , .u626439fca1a02eb1e11fd9862eb7d0b2:hover , .u626439fca1a02eb1e11fd9862eb7d0b2:visited , .u626439fca1a02eb1e11fd9862eb7d0b2:active { border:0!important; } .u626439fca1a02eb1e11fd9862eb7d0b2 .clearfix:after { content: ""; display: table; clear: both; } .u626439fca1a02eb1e11fd9862eb7d0b2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u626439fca1a02eb1e11fd9862eb7d0b2:active , .u626439fca1a02eb1e11fd9862eb7d0b2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u626439fca1a02eb1e11fd9862eb7d0b2 .centered-text-area { width: 100%; position: relative ; } .u626439fca1a02eb1e11fd9862eb7d0b2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u626439fca1a02eb1e11fd9862eb7d0b2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u626439fca1a02eb1e11fd9862eb7d0b2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u626439fca1a02eb1e11fd9862eb7d0b2:hover .ctaButton { background-color: #34495E!important; } .u626439fca1a02eb1e11fd9862eb7d0b2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u626439fca1a02eb1e11fd9862eb7d0b2 .u626439fca1a02eb1e11fd9862eb7d0b2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u626439fca1a02eb1e11fd9862eb7d0b2:after { content: ""; display: block; clear: both; } READ: Diabetes EssayBook eight is a perfect transition between books seven and nine. It finishes what is started in book seven, and sets the stage for book nine. At the same time, it provides information that will be vital later on in the Aeneid. In book seven, the Trojans realize that this is to be their new homeland, which is further shown by the god Tibers message in Aeneas dream. Also, what was started in book seven, Turnus reacting to Junos rage and declaring war on the Trojans, is further expanded in book eight with the alliance between Aeneas and Evander, and the Trojans preparing for war. Also, we meet Pallas in this book, who will be the cause of much grief to Aeneas in a later book. Book eight also serves as a catalyst to book nine. All of book eight builds up to the war that will be experienced in book nine. Book eight lays the groundwork for the war that will be the subject of the rest of the book. It gets all the formal alliances and arrangement out of the way, so the rest of the books can be nothing but action. Under the Volcano, an article written by Patricia A. Johnston, discusses Vergils use of volcanoes in the Aeneid. Much of the article is about Vergils two references to volcanoes in book eight. The first is the referral to the demon Cacus who lived in the middle of a mountain (8.190). The second referral is to the instance in which Vulcan is preparing to create Aeneas armor, and he goes to the island Vulcania, and under a volcano to his forges(8.416-421). The study points to the similarities between Cacus and Polyphemos of Homers Odyssey. Both live in caves, are shepherds, giants, and are sons of Vulcan. The article points to the fact that whenever there is an eruption in a literary work by Vergil, there is a non-human responsible for it. Furthermore, it also states that, Vulcans well run workshop is at the heart of the volcano. This implies that not only is Vulcan the blacksmith of the gods, but also in control of volcanoes on earth, thus making him a much more important and relevant god to mankind. The article is well organized, giving information on instances not only in the Aeneid. It is convincing from the standpoint that it uses logic and citation to back up its new ideas. It also goes into great detail of each part of a volcano eruption and why they believe it happens. the Cyclopes instigate volcanic activity by heating iron, beating it into shape, and tempering it in cool water; hence the flames, sound and steam produced by a volcano.The essay goes on to explain that some volcanoes, like Vesuvius in AD 79, erupt very abruptly without warning. Others, however, would erupt with great frequency without causing damage to anything. This suggests that as often as Vulcan and his workers make anything, there will be at least a minor eruption. Vergil, even thousands of years before any system had been developed, seemed to be trying to classify different types of volcanoes by explaining what creature lived underneath them. It can be said, then, that Vergil was inventing his own myt hology to explain how a natural event was occurring.

Dual Identification of Contract Workers†Free Samples to Students

Question: Discuss about the Dual Identification of Contract Workers. Answer: Introduction: The paper is based on how the organization identification of the different contract workers is based on the two organizations. It includes the prospects related to the employers as well as the client of the company, which will help in analysing about the issues with the working on the employing and the client organizations. With the research, there are traditional organizational settings with the research based on the categories of the different factors. The identification is also exhibited based on how the individuals tend to incorporate for the self-definitions which are impersonal. The organizational identification of the contract workers is based on how the contract workers wok on the different clients with the employing of organization. The perceptions belong to the individual to define and meet the different employees with enhancing the self-esteem. The other individuals and the contract workers also work towards the research which includes the impersonal and the personalized a ntecedents. The research is based on the perceived prestige for the clients and employing organizations that is found to be more for the contract workers with the identification for every organization. The categorization is a major part of the collective help that leads to the reduction of the social uncertainty perceptions, attitudes and the behavior. The identification with the organization is distinctive and relative to hold the social identity. The research paper also focusses on the perceived distinctiveness of the client and the other employing organizations which are set in respect to the organizations. The self-integrity across the organizations and the argument set parallel to the ideas of the person organization fits the values as the organizations try to provide with the contexts that are consistent with the definitions of themselves. The greater the congruence between the attributes, the contract worker value is found to be important in the client and the employing organ izations. Here, the argument is also on the mentoring which increase the organizational identification with the positive regards that relate to the authorized figure and representation of the organization to the employees. The greater the contract workers trust in the management of the client, there is a possibility of a better identification as well. The social identity and the categorization is based on working over the contracts which are self-found and coordinated through the work arrangements from the politics, incompetency and the inequity. The tenure and the organizational identification is for the relational and the collective self-definitions that is associated with the patterns set for the development of clear prototypes. The exposure is mainly to the self-categorization and the membership in the centralized form. The longer the contract worker tenure, the better is the possibility that the client or the other employing organizations are able to work on the different organ izations. The potential contexts are related to provide with the sufficient information about how the different beliefs and the values are associated to the construction of the organization with identification. Reference George, E., Chattopadhyay, P. (2005). One foot in each camp: The dual identification of contract workers.Administrative Science Quarterly,50(1), 68-99.