Biology Essay Example | Topics and Well Written Essays - 2250 words

Science - Essay Example (2) Why/How Creation Scientists Say Evolution Violates The Laws of Thermodynamics. (3) On Whether The Thermodynamics Laws Are Actually Violated or Not 5 Question 3-Making Both the Best Evolutionary/Biological and Logical/Rational Argument Relating to the Question: Which started things out, the chicken or the egg? 7 Question 5-Common English Understanding of the First and Second Thermodynamics Laws. (2) Arguments For How The Theory of Natural Selection (a) Violates the Thermodynamics Laws and (b) Does Not Violate the Thermodynamic Laws . (3) Explaining How Life Works at the Chemical Level. 9 Question 7-(1) Similarities in the thoughts of Lamarck and Darwin Relating to Gradual Evolution (2) Differences in the Ideas of Lamarck and Darwin (3) Reasons for Darwin's Hesitancy in Publishing His â€Å"Dangerous Idea†, Evidence Darwin Was Missing 11 Works Cited 13 Question 1-(1) Influence of nineteenth Century Worldviews on Charles Darwin. (2) How Darwin's Worldview Changed Between 1830 and 1860. (3) How My Worldview Has Been Changed/Affected by the Course There had been extensive scholarly and logical mature in the nineteenth century, around the hour of Darwin's work and earlier, that had significant effect on the Charles Darwin and his hypothesis with respect to development, normal choice, and natural selection. Those remember changes for the logical comprehension of the age of the earth, which had recently been pegged at two or three thousand years, and in this manner modified to be a lot more established dependent on found and broke down fossil records. This mature age implied that Darwin's hypothesis of common choice over ages, a large number of years, could hold water. Another was the perspective upheld by the speculations of Malthus as to the financial matters of populace development. Food supplies decided populace development and held populace numbers in line, or there will be consequences, without such food gracefully limitations, numbers would ascend imm ediately. It is this knowledge that Darwin reached out into a wide range of living populaces, both vegetation and creature life and species. He calculated that checks in nature are rich, and incorporate infection, food limitations, the climate, water, and other distinct advantages that figure out who in a populace will endure and raise. This is the nuts and bolts of his regular determination hypothesis (Hayden; The Economist Newspaper Limited; Walmswell). Then, the adjustments in Darwin's perspective from 1830 to 1860 impersonated the development of his reasoning and hypothesis from the time he set out as a naturalist in 1831 to the hour of the underlying distribution of his hypothesis and discoveries in 1858, when he got persuaded of the legitimacy of his hypothesis of common determination, of the impermanence of species and the job that normal choice plays in the manner all animals advance through time (Hayden; The Economist Newspaper Limited; Walmswell). Concerning my own perspec tive, I had been presented in a roundabout way to the thoughts of Darwin growing up, and had grown up finding out about terms like natural selection just as normal determination and the advancement of various species. It has formed my initial comprehension of my own development as a sort of close to home advancement. This course, however made me mindful that common determination has more to do with how the various elements/powers around me decide if me or another person live quite a while and succeed to the point of flourishing/bringing up kids. My new understanding incorporates a gratefulness for human decent variety, and the way that assorted variety all in all permits humankind to adjust and push ahead in the midst of changing outer conditions (Hayden; The Economist Newspaper Limited; Walmswell). Question 2-(1) The Laws of Thermodynamics in My Own Words. (2) Why/How Creation Scientists Say Evolution Violates The Laws of

Essay Samples For Business School

Essay Samples For Business SchoolEssay samples for business school are not easy to find. The reason why they are difficult to locate is that there are a lot of essays that a student can write, each one having its own set of rules and regulations that a person must abide by. If you want to make sure that your essay is unique and original, then it is important to know how to write your own.One way in which you can make sure that your own essay is unique is to understand the different requirements and rules that are required for your school. This will help you understand what your essay needs to be like so that you can be assured that you are writing according to the guidelines set by your school.It is also important to know what to do and what not to do when you are working on essay samples for business school. Knowing what you should not do will help you avoid making mistakes that may have an adverse affect on your grade.When you are working on essay samples for business school, it is important to keep in mind that the best way to show that you are the best writer is to be as creative as possible. Using a broad range of writing styles can prove to be helpful in writing a good essay and this is true whether you are writing your own or have someone else write it for you.You should not only try to write in a style that is familiar to the audience but you should also use the jargon of the particular field that you are writing about. This is because it is more likely that students will appreciate such a literary touch in your essay than if you were to use the style of other professionals.Remember that there are a lot of people who will read your essay and they are not going to be able to relate to your subject matter unless they know that you know what you are talking about. In the same way, if you want to make sure that your essay is unique, you will have to take the time to learn about the things that you need to know about the field in which you are writing about. Grammar is very important in writing a paper, and is something that students can easily get wrong because they lack the skills and resources to understand what is needed to correctly write their essay. For this reason, it is necessary that you review what you have written and ensure that it is grammatically correct.The best essay samples for business school are those that are original and which make the reader feel as though they are the author of the essay. This is because you are giving them a piece of your mind in a form of a paper.

Research on the organization structure - 1650 Words

Research on the organization structure (Essay Sample) Content: Introduction Organization in various disciplines is defined as a group of individual entity joined together with particular rules or aims working towards a shared purpose. The aim and the movement of such entity should be driven by a common fact that looks at attainment of particular result in a positive outcome. Organization is also viewed as an entity comprising of multitude of people such as associations or institutions formed and geared towards a collective goal and such must be linked to an external environment. The business society associations across the world reflect the systems in an organization that has to consider the administration procedures, planning all the enterprise activities and running or managing all the activities performed by the associations. The work is aimed at attaining the profit and joining all the organization’s departments to achieve a positive outcome in the final service delivery. According to Chambers, Schlenker, and Colliss on, (2013), bureaucracies exist in the organizations that people engage in the society. The success of any intended service delivery must be shaped by the common factor of the goal attainment that facilitates the expected outcome in reaching the business desired purpose. In viewing the company objectives and operations, this paper seek to examine the impacts of the company structure in a privately owned clothe manufacturing company to the production rate of the commodity in maintaining the market standards. Company structure serves from the management position to the lowest level at which the company coordinate all the departments to the lowest level of the company performance. The success of any company depends upon the streamlined way of ensuring that the company ensures the organized way of shaping the enterprise product delivery. Considering the company structure, this paper will disclose the role of both the internal and external stakeholders associated with the organization to attain the positive outcome. Performance of any company depends upon the structure assimilated therefore in case of a dysfunction in any of the brunch, the company losses the track and may fall or drop in the productivity costs. Success in the performance of the company is affected by a litany of factors that either impact on the delivery directly or indirectly by causing conflicts and to an extent distorting the idea sharing channels (De Wit, Greer, & Jehn, 2012). In the context of an organization, organizational jobs development depends on the system adopted in the departmental dependency. Outlining the everyday jobs of an individual in the company depends on task character, response,  work  independence as well as the availability of skills variety look towards the harmony of the product delivery. Groups are vital in decision making although the size also determines the speed, validity and precision of the process as outlined by the company policies. Research conducted in groups identifies that most organizations seem to get most performed due to the division of labor and specialization of  roles  that is adopted and advocated for by the management. The management has a vital role in final outcome as it influences any of the decision the company may pursue. All the departments are vital and the structure can either prolong the decision making approaches or facilitate the opinions which in return ensure the company achieve the underlain customer demands. The employee inclinations and job stipulations in an assemblage setting have a positive influence since if one employee is not fit for a certain job a member in the group can also substitute him in the job. The performance thus depends on the consolidated resources that are achieved through the human resource management team (Chambers et al., 2013). Impact the Group’s Productivity) Wherever there is a collection of people, diverse minds originate among the group members and this is a n inevitable occurrence wherever people live in a place. Every organization has its challenges and study the organizational behavior by scholars identifies many hitches as discussed below: first ideological differences originate from the aspect of varied opinions in the company. Collective ideas result to conflict that has got both the positive and the negative impacts on the company performance (Daim et al., 2012). Considering the roles of conflict in an organization, the research agree that conflict can either lead to better service delivery but in most cases it distorts the company performance resulting to the underperformance of the manufacturing company. Conflict generates new ideas in a company and this can lead to the management working towards achievement of the intended innovative demands of the organization. Whenever there is a disagreement in an organization, the management together with the employees is forced to come together and address the issues arising leading t o the establishment of long-lasting strategies in the organizational management. Despite the destructive nature of conflict in a company, its occurrence contributes to exploitation of various avenues to get the solutions to the phenomenon. Group structures as the theme of this essay can lead to conflict within and outside the organization impacting the type and nature of the service offered by the company. The role of conflict in an organization definitely occurs whenever there are incompatible demands placed upon the employees that result to tough conditions in compliance to such cases. The situational experiences within a group are connected to the role of conflict that can either be a long-time occurrence or a short term experience. The company employees demand to reach success result to conflict within various companies as human desires to reach the limit of attaining the personal desires and compete against each other. The individual personality within the working places can not be evaded as people have to relate between two or more people within the organization. The discipline of group dynamics in the field of psychology makes out the role of conflict within any group scenery. Members within a group may feel that they particularly responsible for more than one role in the group and these opinions may be disagreeable with each other creating the conflict within the setting. The manufacturing company has all the positions from the management supervisors to the employee working on the casual basis. Declining fertility rate in development is one of the roles played by conflict in groups (Daim et al., 2012). As the company families experience conflict, the individual commitments declines and thus groups are just as the families which may suffer if not well cared for by the management in reducing the tensions. Strains within the company on the limited time may be a factor in settling the limited roles of employees and the company at large. Fulfilling diffe rent roles in the company by various persons within the leadership structure impact on the employee’s perception thus making the guilty mind in some on the decisions opted. Once one has multiple role responsibilities, job or family relationships and duties or demands from education, then it cannot be easy to harmonize the company specifications. Additionally, the errands are wieldy while other times it can be hard to accomplish especially when one is working in a fixed environment in which no provision given to address the employee’s plights. The gender roles within groups is a factor in service provision and for the manufacturing company to serve the society it has to consider all the people as able and include the gender issue in senior most positions. The research done holds that conflict is harmful for the organization. The view considers conflict as totally negative a phenomenon looked in line with violence and destruction. It is believed to be a dysfunctional o utcome of factors like uncoordinated communications, lack of trust among the workers and failure of the management team to respond to desires and the needs of the employees. Conflict causes the loss of productivity and to an extent prevent the managers from dispensing their duties to the organization. All the approaches in the study of organizational duties identify the structures to be vital in either solving or mitigating the group conflict within the society (Daim et al., 2012). Communication Problems among Group Members Proponents of human relations at work are communication. The public relation affects how the company gathers the feedback from the market on the service delivery and how well the customer’s demands are met. If there is any point the management should remain alert to attend to is the human communication at work. The blockage of communication has affected various institutions and even the political systems of various nations. The individuals within the or ganization should be accorded avenues to air their feelings to reduce the brooding of cases that might erupt at later stages resulting to serious havoc (Ali, Ng, & Kulik, 2014). Communication problems among the members of a group can be due many bureaucracies followed and even long chains of procedures before reaching the top most management company team. Communication network among members and leaders influences who talk to who and how does the group function effectively. Information sharing should be through the network in order to ensure that the needed information reach the right receiver at the right time. Any good communication network ensures that the information is available when needed and that the network system does not become overloaded with irrelevant information as far as the company is concerned (Daim et al., 2012). Communication problems are created by a group of factors which include the size of the company and the structure of leadership within the operation gr oup. Communication interactions aim at reaching all the member of the group an...

Why Abortion Should Stop The Abortion - 873 Words

Why Abortion Should stopped For everyone an abortion is defined as â€Å"the removal of an embryo or fetus from the uterus from a female, in order to end a pregnancy (Webster, Merriam).† Abortions are wrong because one cannot create life; therefore a person should not be able to terminate a life before it actually starts. Depending on the situation people may feel that abortions are justifiable. Due to a person being too young, or just simply unprepared. I feel that either way that it is murder. We wouldn’t accept a serial killer roam the streets as if nothing happened. In this argument it is the same thing. (The book of exodus 20:1-7) clearly states â€Å"thou shall not kill.† You can’t avoid that in any form or fashion (exodus 20:1-7).† Every human being has a right to life even if they are not born, yet there are no rules to stop this crime. I feel that abortions should be illegal anywhere on this planet. I searched up some facts about how abortions can hurt you in The killing of an human was doing no wrong is a horrible act, even if that human being has yet to be born. Unborn babies are considered human or soon to be humans by the government and people who actually cares about humans. The federal Unborn Victims of Violence Act, which was made to protect unborn children from assault and murder. The law states that under federal law, anybody intentionally killing or attempting to kill an unborn child should be trialed for on purposely killing or attempting an abortion. At least 38Show MoreRelatedRespotation : A Essay On Abortion1093 Words   |  5 Pages Abortion Abortion today is very dangerous not just to a baby but to the mother as well. Every day there is 600 abortions a day world wide. On November 15 2017, there was 332 abortions since i loaded the page which was five minutes. Abortions happen every day and if there was 332 abortions in five minutes imagine all the abortions that happenRead MoreThe Issue Of Abortion And Abortion Essay1567 Words   |  7 Pages The issue of abortion is a controversial one; there are arguments on both sides of the debate. In 1973 the national case of Roe v. Wade, sparked political decisions that created a national right to abortion. Further, Roe v. Wade declared that unborn children are not `persons nor are they entitled to the same constitutional protection as `born children (Baird, Rosenbaum, 2001). However, Roe v. Wade did not end the debate, nor, did it stop both sides for continuing the fight for their individualRead MoreAbortion Is Morally And Ethically Wrong1035 Words   |  5 PagesAbortion I am strongly against abortion, because I believe that abortion is morally and ethically wrong. In my opinion I think that when a woman makes the choice to have intercourse there is a possibility that she will get pregnant, she is making that choice either with protection or not, and the couple should know and think that the result of having intercourse there could be a result and a responsibility and be willing to deal with the consequences of having a child. Even if the pregnancy isRead MoreThe Importance Of Abortion815 Words   |  4 PagesAbortions are a sensitive issue for many people across the US. Women being able to have the decision to abort a child is a terrible crime for some people, and a sense of relief for many others. Abortions are voluntary termination of a human pregnancy, most often performed during the first 28 weeks of pregnancy. Their are many different types of abortions being offered in clinics all around the US today, all ranging at different price points. A surgical abortion can cost up to $1,500 for an abortionRead MoreIs Abortion The Right Way?908 Words   |  4 Pages Is Abortion the Right Way to Go? Is abortion good? Is it bad? Abortion is seen different for a lot of people, because everyone has different opinions. In 1973, U.S. Supreme Court held Roe V. Wade said â€Å" protected women’s rights.† The Supreme Court later found out that Roe V. Wade was wrong. It does count that abortion is a women’s right ,but it’s also the child’s right to stay alive. In 2013, 22 states passed abortion but 70 other countries restricted abortion. More and more people are actuallyRead MoreIn Today’S Society, Abortion Is A Sore Subject, And If1285 Words   |  6 Pages In today’s society, abortion is a sore subject, and if America wants to end the debate on whether or not to let abortion be legal, we need to make some changes. For starters, we would need to change how we educate our youth on sexual encounters and how to go about it safely. Along with new education, we need to make anti-contraceptive devices free and available to the general publ ic. Abortion is the deliberate termination of a pregnancy by removing an unborn fetus. There are many ways to performRead MoreEssay On Abortion In Hinduism1090 Words   |  5 PagesAbortion is to end a pregnancy before the child can live outside of the uterus. It is done in a number of ways. It can be done by surgical abortion and by an abortion pill. There are many types of surgical abortion. In order to figure out which one needs to be done is based on how far into the pregnancy the woman is. All surgical abortions involve going into the uterus and taking out the fetus. The abortion pill is when a doctor gives the mother two different pills that will end the pregnancyRead MoreExploring Aspects of Abortion Essay895 Words   |  4 Pagesof Abortion An abortion is the termination of a pregnancy before birth, resulting in the death of the fetus. Some abortions occur naturally because the fetus does not develop normally or because the mother has an injury or disorder that stops her from carrying the pregnancy to term. This type of abortion is known as a miscarriage. Other abortions take place because the pregnancy is unwanted or if there is a risk to the womans health. Induced abortions areRead MoreEssay on Abortion: Women Should have a Choice1304 Words   |  6 Pages The issue of abortion is a controversial one; there are arguments on both sides of the debate. In 1973 the national case of Roe v. Wade, sparked political decisions that created a national right to abortion. Further, Roe v. Wade declared that unborn children are not `persons nor are they entitled to the same constitutional protection as `born children (Baird, Rosenbaum, 2001). However, Roe v. Wade did not end the debate, nor, did it stop both sides for continuing the fight for their individualRead MoreIs Abortion A Good Thing Or A Bad Thing?878 Words   |  4 Pages Is abortion a good thing or a bad thing? Is abortion good? Is it bad? Abortion is seen different for a lot of people, because everyone has different opinions. In 1973, U.S. Supreme Court held Roe V. Wade said â€Å" protected women’s rights.† The Supreme Court later found out that Roe V. Wade was wrong. It does count that abortion is a women’s right ,but it’s also the child’s right to stay alive. In 2013, 22 states passed abortion but 70 other countries restricted abortion. More and more people are

The Benefits Of Exercise And Healthy Eating - 1470 Words

If you walk into a gym on any given day, you will see countless people attempting to improve their well-being by running on an elliptical, lifting weights, and drinking healthy smoothies. Almost everyone knows the benefits of exercise and healthy eating, but few people realize that getting the proper amount of sleep shares some of the same positive benefits. Studies show that a sleep of over eight hours can lead to a stronger immune system, increased memory, and a significant decrease in major health problems such as heart disease, diabetes, obesity, and heart attacks. In addition, increased sleep is shown to significantly increase an individual s mood, lower their risk of injury, and allow them to have clearer thinking. The benefits of†¦show more content†¦Primary insomnia means that the individual affected is having sleep problems that are not a result of any other health problem or condition. This form of insomnia is most often triggered by sleep apnea, lack of sleep hyg iene, or the fear of insomnia itself. Often times, primary insomnia is a result of poor sleep habits that were developed in youth and continued into adulthood. In addition to the above causes, primary insomnia can be increased by stress. In this category, the trouble of sleeping may or may not have a direct correlation to an individuals’ condition of health. Secondary insomnia, in contrast, is the type of insomnia that is a result of some other underlying issue. This form of insomnia is most commonly associated with the abuse of alcohol and/or drugs, reoccurring nightmares, depression, anxiety, and other medical disorders. Regardless of whether it is primary or secondary insomnia, often times insomnia is brought on from a combination of factors. Insomnia is diagnosed if you are having trouble falling asleep or back to sleep within a half hour of doing so (1). Society has been negatively impacted by the effects of insomnia for centuries, it is only recently that new discover ies have been made. The difficulty in studying insomnia is that the brain is one of the most complex systems that has ever beenShow MoreRelatedExpository Essay1193 Words   |  5 PagesAllison Baughtman Healthy Eating and Exercise Expository Essay Effective Essay Writing Instructor: Jon Castle April 12, 2009 Even though a lot of people make too many excuses for not eating healthy, everyone should eat healthy and exercise regularly because healthy eating and exercise keeps your body healthy and helps you live longer and stronger. There are a lot of benefits to eating healthy. There are also a lot of risks to your health if you chose not to eat healthy. Your future willRead MoreBenefits And Benefits Of Exercising822 Words   |  4 PagesBenefit, noun, or verb, the meaning is simple, something that promotes one’s well-being: to gain. There is not one individual known or unknown that do not desire some sort of benefit, or has not benefitted from a benefit. From positive personal experiences, benefits came in material and non-material forms. While there are numerous ways individuals can benefit this essay will discuss just a few of those benefits that definitely promotes one’s well being, such as exercising, attending college,Read MoreThe Importance of Exercise and Eating Healthy Essay900 Words   |  4 PagesExercise and eating healthy are two of the most important things you need to do to take care of your body properly. Both exercise, and eating healthy, have many advantages and benefits. They help with multiple things needed throughout your life . These things include growing physically, mentally, and if you are religious, spiritually as well. All of this adds up to your body functioning in the highest and best way possible. Exercise, or physical activity helps your body in many ways. For exampleRead MoreHealthy Eating Habits780 Words   |  4 PagesExpository Essay One can benefits by eating healthy to maintain a healthier body simply by eating the proper foods. Eating the proper foods will help increase one’s energy levels just by eating the right nutrients to help one’s body function properly. Nutrients in one’s body will offer other health benefits as well. For example, eating fruits and vegetables can prevent and even reduce health problems such as heart disease, diabetes, strokes just to name a few. According to  Federal Citizen InformationRead MoreApple a Day1539 Words   |  7 PagesAn Apple a Day Keeps the Doctor Away Eating Healthy and exercise are essential to the health and well-being of all people. A healthy diet along with exercise can help you live longer, feel better about better food choices; provide you with more energy, help you stay at a healthy weight, and help you fight stress. Do you want to live longer and be healthier? 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However, it might be difficult to maintain a healthy diet and lifestyle, but eating healthy has benefits to help promote one’s well-being. In today’s society, exercising is more of a necessity in order to live a longer and healthier life. A healthy living lifestyle is much more than focusing on nutrition and fitnessRead More2Why We Must Practice A Healthy Lifestyle1002 Words   |  5 PagesShould We Practice A Healthy Lifestyle? General Purpose: To persuade. S.P.-At the end of my speech my audience will agree that there are a lot of benefits in practicing a healthy lifestyle and everyone should practice a healthy lifestyle. C.I. A healthy lifestyle must be practiced because it promises you good health, strong heart and good stamina and also a high quality of life. LOGOS: Working out and eating well leads to a healthy lifestyle Working out and eating well is somethingRead MoreObesity : Obesity And Obesity1472 Words   |  6 Pagesbecome obese over times for many reasons like feeling there is less of a need to exercise and eat healthy. There are also more fast food selections, which lead to bad eating habits and so on. This causal argument will cover the topic of obesity, why it is important and how it has become major issue in America today. Obesity in America is due to many factors that include: lack of exercise and energy balance, poor eating habits, overeating, work schedules and food advertising. Overeating is one wayRead MoreHow to Lead a Healthy Lifestyle619 Words   |  3 PagesHow can we lead a healthy lifestyle ? A healthy lifestyle means maintaining a balanced and nutritious diet as well as engaging in sports or other fitness related activities. 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Accounting Disclosure And Economic Benefits -Myassignmenthelp.Com

Question: Discuss About The Accounting Disclosure And Economic Benefits? Answer: Introducation In accordance with annual report of the company for the financial year ending 30th of June 2017, following are the assets that the company has tested for the impairment loss or impairment charges if any during the period: Property Plant and Equipment Goodwill Loans and Advances Financial Instruments Other Intangible assets like computer software, core deposits, customer relationship, other acquired intangibles and trustee license. Other assets including accrued income, repayments already made by the company, debtors of the company from whom the payment is required to be received and deferred expenditure if any. The company has conducted the impairment testing in accordance with the relevant provisions of the accounting standards. In accordance with the provisions of the Australian accounting standard one hundred and thirty six on impairment of assets, the company is currently conducting the impairment test on an annual basis. At the end of each year and at each of the balance sheet date, the company assesses whether there are any indication that the value of the assets as stated in the balance sheet of the company is weakened. For the purpose of testing, the main emphasis is on the comparison of the recoverable amount with the carrying amount of the particular asset. Recoverable amount is the higher of the value in use and the net selling price. Value in use is defined as the present value of all the cash flows that are estimated for the future depending upon the useful life of an asset and the present value of the residual value of the asset at the end of its useful life. Net selling price is the selling price of the asset less the cost that is incurred to sell the product. Carrying amount is the amount of the assets which are stated in the balance sheet. The Company has also determined the cash generating units because of the fact that the cash flows to be derived from the assets cannot be derived separately (AASB, 2016). Yes, the company has recorded the impairment expenditures in the statement of the profit and loss account. As per the provisions of the accounting standard number one hundred and thirty six, the impairment loss is charged to the statement of the Profit and Loss account on one hand and on the other hand the impairment loss is charged to the value of the asset of the company and accordingly after deduction the carrying amount of the assets have been disclosed at the year end. Following are details for which the impairment expense has been charged (Company Official Website, 2017): S. No. Particulars Amount of Impairment Charges (In Million dollar) 1 Property plant and equipment 21.8 2 Loans and Advances 107.90 3 Financial Assets 0.3 4 Other acquired Intangibles 0.4 Following are the key estimates and assumptions that have been used by the firm for conducting the impairment testing: The assets will be tested for impairment at the end of the each year that is to say at the balance sheet date. In case of the property plant and equipment, the company has made the assumption that in case the carrying amount of the assets exceeds the recoverable amount, then the impairment loss will be recognized. As per the note number nine of the financial statements of the company, the impairment of loans and advances is made when there are chances of having the failure in the timely achievement of the repayment of the total amount which includes the principal as well as the interest on the outstanding principal. It is irrespective of the banking norms whether the loans and advances so given are due or has been outstanding for a period more than ninety days. In case of loans and advances, the impairment loss or the charges are made only when the company has the objective proof of having the loan portfolio in total loss. The company has also made the key assumption regarding the loans and advances and that is termed in the notes to the financial statement as the specific provision. Under this head, the provision is made only when there is the reasonable doubt on the collection of the principal and interest from the customer and then all the irrecoverable are written off or adjusted against the specific provision. It is done in the period in which the loans and advances so become irrecoverable. Company has made the head of the collective provision, where the individual loans which are not grouped earlier are regrouped under this head and the provision is made accordingly for the irrecoverable pertaining to the individual loans. Yes, although the company is in compliance with the relevant provisions of the accounting standard, but there is the subjectivity in the form of the different disclosure heads created by the company for bifurcating the impairment provision. Secondly, subjectivity is present in the estimation of the future cash flows on the basis of which the value in use is determined (Intelligent Investor, 2017). The first form of the subjectivity will confuse the investors of the company in understanding the impairment testing. The second form of subjectivity can lead the outcome to be distorted. It is because the estimation of the cash flows can appreciate the value of assets and can depreciate the value of assets. If in case it is not correctly determined then there will be the case where the value of the net block of assets is depreciating on one hand and on the other hand the companys net worth is deteriorating. I find somewhere it has confusion and at most of the times it is interesting. It is because it is different industry and the way they have dealt with the loans and advances is different. The insight is that the company is performing well in the estimation of impairment loss. It is because all the method that has been applied by the company is in total compliance with the provisions of the accounting standards. And the impairment testing is very fair and correct. In note number 22 of the financial statements, the fair value measurement has been described. Fair value is equivalent to the price that the company will receive when the company will sell the asset and the price at which the company will be able to complete its obligation. Fair values have been calculated by having the unadjusted market prices of the identical instruments of the market. There are other valuation techniques also where unadjusted market prices are not made available. These are Quoted market prices, techniques with observable inputs and technique with unobservable input. Economic reality means that the financial statements of the company shall present the true and fair view of the financial position and the financial performance of the company and basically how the company is disclosing the accounts and the key assumptions in the financial statements (Ely, 2015). In the former standard the liabilities of the company are not recorded in full on the face of the balance sheet of the company. It is to say that earlier only those liabilities are recorded in the balance sheet of the company that comes under the financial lease and the operating lease (Day and Stuart,2013). Due to this bifurcation the liabilities that come under the operating lease are required to be kept out of the balance sheet and are recorded as contingent liability off the balance sheet. Secondly, by having so bifurcation, the net worth of the company is understated and the banks and the financial institutions gives loan on that basis of only instead of considering the contingent liabilities. Thirdly, the proposed investors or the potential investors were on the idea that the company has the high net worth and offers the high earnings per share and does not even considers the contingent liabilities. Due to this very fact, the former accounting standard does not invoke the concept of the economic reality. The big statement that has been made by the Hans Hoogervorst is that the off balance sheet items consists of the 66 times greater than the debt reported on the balance sheet. It has generally happened in the earlier accounting standard. Under the former provisions, the liabilities in case of the operating lease are not liable to be recorded on the face of the balance sheet and thus records off the balance sheet (Singh, 2011). Due to this loophole, the company has started entering into the lease called operating lease. Under this lease, the lessee is not required to create the liabilities. It is because of the fact that the substantial risks and rewards are not transferred. Majorly the airlines have started entering into the lease and that too in operating one and have been recording the liabilities off the balance. Due to its accumulation over the period of lease, the amount becomes so higher that the total debt as recorded in the balance sheet counts as one third of the off balance sheet liabilities (Ma, 2011). The chairperson of the IASB has very categorically mentioned that there was no level playing field among the airlines. It has been said keeping in view the trend that the airlines have adopted over the period of time. Under the provisions of the former accounting standard, if any company enters into the operating lease then there will be the chances that the lessee company will not record the liabilities in relation to the financial obligations towards the lessor and shall record the same as the contingent liability off the balance sheet (Singer, 2017). Due to this privilege that the airlines company have sought and instead of entering into the financial lease or the rent agreement has entered into the operating lease agreement and have started mentioning the liability off the balance sheet which otherwise shall be mentioned as the actual liability (Gross, 2014). Now the competitor or new airlines which enters into the market will not be able to play like this and thus for some airlines the intra comparison is not possible in every meaning. Therefore, the chairperson has said that there was no playing field. Chairperson has simultaneously mentioned that the new accounting standard will not so popular with everyone. The major reason of the statement is that the companies which have been playing with their financial statements so long will naturally at first resist in the adoption of the relevant accounting standard and if when made applicable then they will resort to other form of hiring the planes or the machineries or any other asset depending upon the nature and size of the business like rent agreement, etc (Lim, 2014). Secondly, although the standard and its provisions are for the benefit of the investors, shareholders and other stakeholders of the company as it will bring out the economic reality of the company but the new standard will in some manner affects the way of doing of the business which is currently into the roots of the nature of doing business. Thirdly, the implementation of the new leasing standard will require the time as well as the cost which every company will resist and accordingly half of the listed companies which are into the leasing transactions will be greatly affected and will be out of the leasing transactions (Knubley, 2010; Moore and Nagy, 2013). Thus, in this manner the new leasing standard will be unpopular with everyone. The statement made by the chairperson of the IASB is very effective. The basic intent is very clear that by having the new leasing standard, the companies both lessor and lessee will be required to disclose the assets and liabilities in the balance sheet which in turn will help the investors and the other stakeholders of the company to take an informative and the better decision and that too in an efficient and effective manner FASB, (2016). Secondly, the new leasing standard will help the management of the company. It helps the company in the way that where any situation come where the company is required to make decision between two options as to whether to buy the machinery or to lease out, the company will be able to take an effective decision. References AASB, (2016), Impairment of Assets available at https://www.aasb.gov.au/admin/file/content105/c9/AASB136_07-04_COMPjun09_01-10.pdf accessed on 23-01-2018. AASB, (2016), Financial Instruments: Recognition and Measurement available at https://www.aasb.gov.au/admin/file/content105/c9/AASB139_07-04_COMPoct10_01-11.pdf accessed on 23-01-2018. Company Official Website, (2017), Annual Report 2016, available on https://www.bendigoadelaide.com.au accessed on 23/01/2018. Day, R. and Stuart, R., (2013), New lease accounting proposal: what it means and what companies can do to prepare.Financial Executive,29(6), pp.11-13. FASB, (2016), New Guidance on Lease Accounting available at https://www.fasb.org/jsp/FASB/FASBContent_C/NewsPagecid=1176167901466 accessed on 21/09/2017. Ely, K.M., (2015), Operating lease accounting and the market's assessment of equity risk.Journal of Accounting Research, pp.397-415 Gross, A.D, (2014). The path of lease resistance: How changes to lease accounting treatment may impact your business.Business Horizons,57(6), pp.759-765. Intelligent Investor, (2017), Bendigo and Adelaide Bank (BEN), available on https://www.intelligentinvestor.com.au/company/Bendigo-and-Adelaide-Bank-Limited-BEN-249121 accessed on 23/01/2018. Knubley, R., (2010). Proposed changes to lease accounting.Journal of Property Investment Finance,28(5), pp.322-327 Lim, S.C., (2014), Market Recognition of the Accounting Disclosure and Economic Benefits of Operating Leases: Evidence from Borrowing Costs and Credit Ratings. Ma W, (2011), Impact on Financial Statements of New Accounting model for leases available at https://digitalcommons.uconn.edu/cgi/viewcontent.cgi?article=1194context=srhonors_theses accessed on 21/09/2017 Moore, S. and Nagy, A., (2013), CONTRACT STRUCTURING UNDER THE NEW LEASE ACCOUNTING RULES: THE CASE OF CUSTOM DESIGN RETAIL, INC.Global Perspectives on Accounting Education,10, p.81 Singer, R, ( 2017), Accountinq for Leases Under the New Standard, Part 1: Definition and Classification of Leases and Lessee Accounting.CPA Journal,87(8). Singh, A.,( 2011). A restaurant case study of lease accounting impacts of proposed changes in lease accounting rules.International Journal of Contemporary Hospitality Management,23(6), pp.820-839.

The Odyssey And The Pearl Loyalty Essay Example For Students

The Odyssey And The Pearl: Loyalty Essay The Odyssey And The Pearl: Loyalty Essay Loyalty to another person or to a cause may be an admirable trait, but it can lead to either positive or negative consequences. In Homers epic The Odyssey and John Steinbecks novel The Pearl there are characters that show great examples of this trait. Penelope in The Odyssey and Juana in The Pearl are the most obvious, although there are many. Penelope stayed loyal to Odysseus while he was on his twenty-year journey and Juana stayed by her husband through his time of distress. Penelope stayed loyal to Odysseus while he was on his twenty-year journey. We will write a custom essay on The Odyssey And The Pearl: Loyalty specifically for you for only $16.38 $13.9/page Order now To ward off suitors that were beckoning for her hand, she made them a promise that as soon as she finished weaving a gift for her father, she would take one of their hands in marriage. Nightly, unbeknownst to the suitors, she would unravel her work, so that she could remain faithful to Odysseus. Also, Penelope promised her hand to the suitor who could meet a test. Penelopes test was to string Odysseus bow and then shoot an arrow through the eye of twelve ax handles. Penelope knew that only Odysseus could accomplish this task. By doing this, she avoided having to marry one of the suitors. Staying loyal to Odysseus brought about positive consequences to Penelope. She was reunited with her beloved husband Odysseus. Kinos wife Juana stayed by her husband through his time of distress. Although it was her belief that the pearl was an omen of evil, she loyally stayed at her husbands side. Juana remained loyal to Kino even after he had savagely beaten her. She knew that she had brought it upon herself and it was her place to accept the beating. Also, Juana vowed not to leave her husbands side when he decided to flee from the town after murdering one of the townspeople. She made the treacherous journey with her husband across a desert trying to outrun the men that pursued them. Negative consequences were the outcome of Juanas loyalty to Kino. Her loyalty caused her to lose all that was common and dear to her, including her only child. Loyalty to another person or to a cause may be an admirable trait, but it can lead to either positive or negative consequences. Penelope stayed loyal to Odysseus while he was on his twenty-year journey and Juana stayed by her husband through his time of distress. Penelope refused to remarry while Odysseus was on his long absence, and Juana never left Kinos side. Loyalty is a trait found in most humans, and if used in moderation can have very positive consequences. . The Odyssey and The Pearl Loyalty Essay Example For Students The Odyssey and The Pearl: Loyalty Essay The Odyssey and The Pearl: Loyalty Essay Loyalty to another person or to a cause may be an admirable trait, but it can lead to either positive or negative consequences. In Homers epic The Odyssey and John Steinbecks novel The Pearl there are characters that show great examples of this trait. Penelope in The Odyssey and Juana in The Pearl are the most obvious, although there are many. Penelope stayed loyal to Odysseus while he was on his twenty-year journey and Juana stayed by her husband through his time of distress. Penelope stayed loyal to Odysseus while he was on his twenty-year journey. We will write a custom essay on The Odyssey and The Pearl: Loyalty specifically for you for only $16.38 $13.9/page Order now To ward off suitors that were beckoning for her hand, she made them a promise that as soon as she finished weaving a gift for her father, she would take one of their hands in marriage. Nightly, unbeknownst to the suitors, she would unravel her work, so that she could remain faithful to Odysseus. Also, Penelope promised her hand to the suitor who could meet a test. Penelopes test was to string Odysseus bow and then shoot an arrow through the eye of twelve ax handles. Penelope knew that only Odysseus could accomplish this task. By doing this, she avoided having to marry one of the suitors. Staying loyal to Odysseus brought about positive consequences to Penelope. She was reunited with her beloved husband Odysseus. Kinos wife Juana stayed by her husband through his time of distress. Although it was her belief that the pearl was an omen of evil, she loyally stayed at her husbands side. Juana remained loyal to Kino even after he had savagely beaten her. She knew that she had brought it upon herself and it was her place to accept the beating. Also, Juana vowed not to leave her husbands side when he decided to flee from the town after murdering one of the townspeople. She made the treacherous journey with her husband across a desert trying to outrun the men that pursued them. Negative consequences were the outcome of Juanas loyalty to Kino. Her loyalty caused her to lose all that was common and dear to her, including her only child. Loyalty to another person or to a cause may be an admirable trait, but it can lead to either positive or negative consequences. Penelope stayed loyal to Odysseus while he was on his twenty-year journey and Juana stayed by her husband through his time of distress. Penelope refused to remarry while Odysseus was on his long absence, and Juana never left Kinos side. Loyalty is a trait found in most humans, and if used in moderation can have very positive consequences. .