Implementing international accounting standards Essay

Implementing international accounting standards - Essay Example "As markets converge and geographical borders no longer present the same trade barriers increasingly there is a need for globally accepted accounting standards. Business needs them, investors are demanding them and accountants are under an obligation to ensure delivery." Here the need for their implementation in the view of the largest professional body of accountants in the UK is expressed as being primarily for the progression of trade, as recent technological advancements in technology has resulted in a break down of previous trade barriers and we are now expected to compete in a world market. Groom (2001), saw the importance of international standards as being a key part of his 5 legged stool of trust, ensuring that investors in capital markets retain confidence and invest. This confidence has become core to the survival of these markets, especially in the light of recent high profile collapses such as Enron in the US and One.Tel in Australia. Since the 2002 decision of the EU the interest in the implications of IAS's and their implementation, along with their costs and benefits, has risen. The core of this debate and the ultimate benefit of International standards to the UK as a whole will be discussed in the remainder of this text with specific focus upon the benefits and costs to both quoted and non-quoted companies. Currently there is significant concern in the UK that there... It is this lack of awareness which is likely to cause considerable increases to costs required to implement the standards when the ASB does converge, as this is no small task and requires a planned strategy.It is hard to actually assess the cost which has already been incurred by listed companies since the 1st of January implementation date, as a full year of trading has not quite been completed and therefore there has been limited analysis as yet, therefore the bulk of this analysis has to be based upon theories and analyses undertaken before implementation in the EU and is therefore, to some extent theoretical. The costs of implementing these standards have been widely discussed and most of these will affect both quoted and non-quoted companies, however they will differ in their extent. The bulk of these costs will be incurred in the education of the users of these financial statements; any stakeholder of the business for which the financial statements are being prepared, will be effected to some extent, and will need to be educated in order for the company to survive the change. Stakeholders are extremely influential and include banks and lenders, auditors and shareholders, a business needs to educate these people on the change and its impact upon their financial statements, and in this education other costs will be incurred. Gerhardy points out that banks and lenders will require reclassification of debt and equity, leading to dividend payout issues, and the reclassification of debts will lead to renegotiation costs with lenders, this will lead to strategy issues and a need for good communication of the effects IFRS will have on business with the shareholders, all of which will result in significant cost to all

Responsibilities of a team leader Essay Example for Free

Responsibilities of a team leader Essay Four responsibilities of a team leader in our organization: 1. Food alert files (Health and Safety, Food and Safety). First of all, to make sure that all work environment is safe for employees and customers. Second, to check if all departments are providing good Food alert standards set by government at work place. As well, to make sure that all legally required documents would be up to date. 2. Communication. All team leaders constantly need to be in good communicational skills, if you want to run successful business. Everyday you have to communicate with Head office as well as other restaurants, to know what’s happening in all company, using phones or e-mails. And don’t forget to pass important news for team members. Inside the house, usually, Managers team is communicating though the LogBook, and with team members during briefing times before sifts. 3. Motivation is the driving force, which help courses us to achieve goals. Leaders using motivation will satisfy individual needs and team will have inspiration to complete the tasks. It’s very important point in running business. Depending on how motivated teams are, it may further determine the effort they put into their work and therefore increase the standard of the output. 4. Presenting good example and standards or the company. Team Leader always needs to be as example how to act at work, and that other team members would be able to take some experience. If everyone will represent good company standards and will look after the customers well, they will not only think well of the team but also of the company in general. Two examples of the problems you would need to refer to someone with more authority: 1. Racism. It is illegal to discriminate against anyone of the grounds of their race. If it would happen in work place, management team needs to investigate. Just GM or Head office member has authority to take action on  such a complaint. 2. Reconstruction. Every business has yearly budgets, if someone wants to reconstruct the building outside or inside it has to be approved by GM. Feedback on own performance Collected feedback to identify one of my strengths as a team leader and one area for improvement: †¢ Strength – Organized team supporter. Always supporting team and showing organizational skills. †¢ Area for improvement: rudeness, toughness. Sometimes, choosing wrong way of speaking + plus very demanding on the things to be done. Establishing trust One thing to describe what you can do to establish and maintain trust within the team you lead: Respect for others. One of the most important points to work on. If it will be trust and understanding in the team, there will be respect and good atmosphere for work, witch will course business to run smooth. To maintain trust you have to work on couple of following points: †¢ Time- set aside time to be with these people, work with them, talk with them and even play with them. In the end you will gradually start to realize that there personality or point of view arent that hard to get along with after all. †¢ Patience The truth is that the best people, the smartest people and the most successful people take a good long look at other people and express empathy and selflessness towards the people they associate with. †¢ Listening- always to have time to listen for the others, to step aside and to take a look at their opinion. Maybe some examples can be even better then yours. †¢ Laughing- it’s one of the important points, to build the team, not just to be a working robots. With the laugh in the teamwork will run perfectly, plus good relaxed atmosphere. †¢ Honesty- if you will be honest with them, they will be the same with you.

The Passing Down of a Tribes Ancient Legends Essay example -- Tribal

The Passing Down of a Tribe's Ancient Legends Thesis: The Shaman’s job of passing down the tribe’s ancient legends are very important. I Shamans A. definition B. purpose 1. balance 2. success hunting 3. planting 4. cure sickness C. Usually males 1. post menopausal women 2. blood powers II passed down from generation to generation A. usually from memory 1. sand drawings 2. birch bark scrolls 3. paintings on rocks 4. animal hides B. children 1. eight-familiar stories 2. ten- know history III answer basic questions A. where do we come from B. where are we going C. how the world came into being D. how it was transformed E. guidelines of behavior F. tools of survival IV unknown how long been around A. possible nomadic ancestors from old world 1. Siberian land bridge 2. Migrated 3. Regional tales similar B. Environmental contributions 1. northeastern forest dwellers a. arctic hare b. wolf c. cedar tree 2. agricultural southerners a. Corn maidens b. Sacred mountains 3. coastal people a. aquatic animals b. sea birds c. ocean monsters V stories told in different ways A. told by fire B. Chanting 1. Netslik Inuit 2. Special powers VI special rites A. Maidu-lay down B. Cheyenne-smooth dirt C. Other-presents VII Special words A. Seneca- when the world was new B. Pima- they say it happened long ago C. Zuni answers D. Californian- order back to cave VIII Reoccurring themes A. Mother earth B. Humans and animals C. Animal teachers D. Plots 1. complex 2. humor 3. values IX equal with everything A. Share earth like family B. Man another animal X characters A. Animals 1. ravens 2. raccoons 3. foxes 4. beavers 5. blue jays 6. spiders B roles 1. helpers 2. meddlers 3. both C Coyote 1. respected 2. cunning 3. able to survive in all environments a. prairie b. woodlands c. mountains d. desert XI Crow Indians A Old man coyote B. Ducks 1. root 2. mud C. Empty island 1. root- trees plants 2. ducks 3. men 4. women 5. different animals 6. drum 7. songs 8. dancing D. Shirape 1.weapons 2. Different languages 3. war XII One animal A. Plains Indians-muskrat B. Inuit- raven with spear C. Californian –turtles, waterfowl D. Many- turtle XIII Seneca A. chief’s wife falls B. waterfowl catch C. frog gets dirt D. turtle spreads- landmass XIV Nez Perce A. Monster eats all ... ...ld be known as the wolf people, the Skidi Pawnee. The Wolf Star watched all this from the southern sky. The Pawnee call this star Fools the Wolves, because it rises just before the morning star and tricks the wolves into howling before first light. In this way the Wolf Star continues to remind people that when it came time to build the earth, he was forgotten.   Ã‚  Ã‚  Ã‚  Ã‚  After reading and learning about these creation legends I am intrigued. The shaman’s job of keeping and teaching the legends isn’t even their full job, but it’s important enough to be one. They have to remember and keep all of the customs that go with the story also. I think that they their way of teaching history is great. They all memorize the stories when they are very young and share them. These stories aren’t just history, they are also the guidelines for the children’s behavior. Bibliography Flaherty, Thomas H. The Spirit World. Virginia: Time Life Books, 1992. http://www.geocities.com/Athens/Olympus/5484/legend.html http://www.home.swipnet.se/~w-27834/wolf/myth3.html http://www.score.rims.k12.ca.us/activity/wappo/legend.html Leonard, Linda Schierse. Creation’s Heartbeat. New York: Bantam Books, 1995.

United Cereals

In general, every firm is confronted with some basic issues such as. ; – in which markets to operate what products to offer and – how to distribute these products The â€Å"standard way† united Cereal used to enter the European market consisted of three main steps, namely acquisitions of companies in deferent European countries (1), introduction of products from the United Cereal US product line (2) and promoting organic growth through the adoption of these products to local market conditions by a respective country manager In charge (3).The advantages of establishing national subsidiaries by acquiring laid primarily In an effective and fast way of gaining market share in a particular market. Thus, in 2009 the market share of US in Europe amounted to 20%, only 6% below the market share of its main competitor Kellogg. Considerable benefits could also be achieved due to local expertise and reputation of the established companies in respective countries in terms of marketing focus, local tastes, targets, competitors, brand loyalty as well as legal framework.Other advantages were realized from already existing distribution networks, providing access to local logistics companies as well as cooperation with local retailers and wholesalers. However, there also were certain risks concerning the suitability of the distribution partner to the Introduced products as the exploitation of particular sales channels varied considerably across countries (e. G. Germany with 80% vs.. Italy with 17% as mentioned above).Further rolls/dilettantes of this strategy (although not stated in the text explicitly) might be associated with the integration and implementation costs, caused by adoption of the foreign business to the united Cereals business and its values concerning the â€Å"US Way†. The next step of he United Cereals' standard way was the introduction of products from the existing product line, which comprised more than 100 brands. Thus, the compan y profited from the possibility to launch its successful US brands also in the European market.This strategy was enforced especially by high demand for US products which were very much in vogue at that time, especially in ass and ass. Furthermore, as there was no need In developing a completely new product line this fast and cheap access Into local competition enabled united Cereals to achieve a solid organic growth. However, due to differences across European markets there still were costs, associated with customization of products and adjustment of manufacturing processes when US brands did not correspond to the local market tastes.Introduction of US line in each decisions and determining, which products from United Cereals could succeed and make profit in that country. With a broad understanding of the market the country manager was able to adjust products perfectly to local market conditions, while respecting the â€Å"US Way'. Such country level approach coupled with high susc eptibility and flexibility led to a very high motivation of country managers as well as profit minimization in most national markets. However, over time inconsistency in positioning the products, e. . Positioning a product as high-end in Germany, but as a low-end in I-J, became a matter of concern. Redundancies due to individual marketing campaigns in separate countries for different products led to expenses 25% higher than in the U. S. Operations. Especially, in the light of a global recession in 2008-09 and more competitive markets, forcing market participants to provide lower- ricer products cost reductions and cost efficiency, became a major focus of United Cereals.Further risks were associated with country managers, preferring product extensions rather than new product introductions in order to reduce costs and maintain profits in their country. Reasons for this behavior were above all lack of resources and too high costs of launching and developing new products. Thus, the â₠¬Å"US standard way' is not sustainable anymore and new market strategy combined with cost effective and more efficient processes should be considered.

The Law of Attraction

THE LAW OF ATTRACTION The study on the Law of Attraction surrounds the issue concerning the concept that humans have the ability to draw wanted and unwanted objects into their lives through what is created by one’s thoughts and energy. To change a way of life, one must change his/her way of thought. The Law of Attraction proves to be the most powerful law in the universe, as is shown through the study of quantum physics and the relationship between the flow of energy into and out of the body.If humans learn to manifest the energies of the universe and one’s own being in a proper manner, we will be able to accomplish everything our hearts desire, according to the Law of Attraction. The study on the Law of Attraction proves the Law to be an active contributor towards improving quality of life, both in person and professional aspects. The Law of Attraction is the most powerful universal law. In theory, people are able to create their own reality through their thoughts (Hic ks 9). This underlying concept leads to the misconception that the Law of Attraction doesn’t exist since it is human nature to be denied of certain wants.Many people believe that if we are really able to â€Å"create our own identity,† the human species would not fail in any aspect of life. However, the Law of Attraction claims that we attract both the things we want and don’t want through the force of our thoughts and the energy we give off into the universe (Losier 26). In order to properly explain the credibility of the Law of Attraction, famous scientists Einstein and Hawking convey the study of Quantum Physics, along with the M Theory and String Theory, as the scientific principle that suggests the concept in which thoughts become matter.The thoughts we create in our minds through electrical impulses are produced with the same source of energy that creates â€Å"everything from nothing† in the universe. Science researchers have studied brain waves an d found a direct correlation between the frequency of waves and the way people view life. Lower frequencies are related to those with pessimistic lifestyles in contrast to higher frequencies for those with active intellects (Baska).These brain frequencies are then transmitted through energy into the Universe and become reality through theory of Quantum Physics, which states that thoughts equal energy, energy equals matter, and thus thoughts equal matter (Pillay 98). Such scientific principles attempt to explain the existence of the Law of Attraction, and though much logic is involved within these principles, many of the science-related claims regarding the existence of the Law of Attraction are based too much on hype and too little on science research.The Law of Attraction is a growing phenomenon that may very well have diluted truth, but is presented to the public with goals of strategic marketing in order to achieve the instant gratification that â€Å"The Secret† has sold. In order to prove its validity, there must be further studies regarding the gateway concept that is the Law of Attraction. As for the book, movie and audio clips, these were all tools used to revitalize what was a weakened motivational industry.Despite my belief in its existence, there is little to no scientific evidence to support the theory, and no carried out controlled experiment to suggest the â€Å"so-called† law actually works (Sloan). Those who do not believe in the principles of the Law of Attraction claim that The Law of Attraction, in its simplest form, is no more than a pawn scheme serving as substitution for self-help concepts that actually work. Positive thinking, self-belief, visualization and goal setting are all motivational scripts proposed by authors like Rhonda Byrne through their best-selling books (Sloan).Non-believers claim that the Law of Attraction misleads people into believing that imagery alone will work without action. This is a common misunderst anding about the Law of Attraction surrounding the belief that the Law of Attraction is simply about wishing. However, according to Jung’s scientific concept of Synchronicity, people are able to make things happen due to the relationship between one’s mind and the universe as human thoughts are aligned in a particular way towards a common end, which suggests a pattern in regards to the way reality is created (Pillay 142).Though the major premise of the Law of Attraction involves imagery through the process of thinking to attract desires, the theory behind the Law of Attraction delves deeper into the law of allowance, which is the final process in the Law of Attraction, and is what truly allows the law to come about (Losier 78). The Law of Attraction, in a sense, may be related to concepts like karma, luck, and other wonders that cannot be explained through science alone and oftentimes require a little bit of faith.There may very well be great truth in some of the theor y’s claims, but to say its validity is explained by science is both illogical and false. The hype surrounding the Law of Attraction arose out of clever marketing skills, and consequently science was merely used as an attempt to give validity to the obscure concept that is the Law of Attraction. It is up to the individual to determine whether or not they will follow the steps required by the Law of Attraction in order to change their life.It is up to the individual to determine whether or not they will act kindly towards others to receive positive karma in turn. As for me, I will remain to follow the advice proposed by motivational writers out there that encourage me to project a positive attitude in order for people to react positively to me. In essence, this is the true definition of the Law of Attraction. WORKS CITED Peter. â€Å"Can Thoughts Make Things Happen? † Breaking News and Opinion on The Huffington Post. Huffington Post, 10 June 2011. Web. 29 Apr. 2012. .Byr ne, Rhonda. The Secret. New York: Atria, 2006. Print. Hicks, Esther, and Jerry Hicks. The Law of Attraction. Carlsbad, CA: Hay House, 2006. Print. Losier, Michael J. Law of Attraction: The Science of Attracting More of What You Want and Less of What You Don't. New York, NY: Wellness Central, 2006. Print. Pillay, Srinivasan. The Science Behind the Law of Attraction. Cambridge, MA: NeuroBusiness Group, 2010. Print. Sloan, Paul. â€Å"The Law of Attraction is a Dangerous Delusion. † LifeHack. StepCase Limited, 31 03 2012. Web. 6 May 2012. .

6 Resume Tips for Recent Graduates

6 Resume Tips for Recent Graduates School can feel like an intense bubble while you’re in it. Classes, papers, grades, and activities take up so much of your time and energy. But then graduation comes, and it’s time and put those skills and that knowledge to use for cash money and a satisfying career. That can be a tough transition, so if you’re high on potential and low on experience, don’t despair. To get yourself ready for the post-graduation job hunt, here are 6 great resume tips for recent graduates. If you already have some experiences from internship or part time jobs, you can also check out our guide on resume best practices 2016.1. Don’t stress about lack of experience.You’re a new grad- no one expects you to have experience beyond an entry level. What you do have already are skills. Your resume should be heavy on the skills you’ve been developing through your academic career: for example, software training and use, presentation skills, and problem solving skil ls. You also likely have part-time work, student employment, or volunteer experience as well. Definitely don’t forget those, even if they’re not obviously related to your future career.2. Think about what you need.It can also be stressful if you feel like your education hasn’t really prepared you for the job market. I’ve been there: I was an English major at a large state university. The school focused on academics and teaching as postgrad options- both of which I’d already ruled out as careers for myself. So I sat down researching what I could do with my English degree, and what my interests were. That led to publishing, and I came up with a plan to get extra training in editing and writing while working general office jobs to get experience and pay my postgrad bills.Thinking about what you really want, and having an action plan to get it can really help you refine your resume.3. Don’t forget the extracurriculars.If you have activities that have helped build skills (student government, Spanish Club, Future Accountants of America), you should take stock of those skills as well. As you get further into your career, you won’t need to lean as heavily on your school activities, but when you’re getting started those skills you picked up can help fill in for concrete experience. If you decide to use your extracurriculars in your resume, be sure to use examples of how they helped build your skills.4. You don’t need to write a novel.Again, no one expects recent grads to come up with a several-pages-long list of accomplishments. A clear, concise one-pager is fine.5. Be prepared to edit.Similar to #3, you don’t need to have one sacred resume doc that fits all. This means you should plan to do several stages of editing. The first round is to go through and figure out what’s necessary to include (skills, training, education, recent honors/awards, work experience) and what’s probably not cr ucial (specific classes you took, the spelling award you got in third grade, or the six months you thought you wanted to be a puppeteer- false alarm).The second round of edits should be specific to each job you’re applying for. Include related honors and awards, any experience you have in that area, and applicable skills. Be creative†¦if your thankless summer job included dealing with customers of (ahem) varying degrees of politeness, emphasize in your resume that you have strong communication and public service skills.6. Play with the format.If you’re following the traditional resume template of education/coursework, jobs, accomplishments, and then general skills, consider switching it up. Quality is more important than format, and you want the reader to be presented with your best side up front. If you feel more comfortable leaning on your skills over your experience, frontload those.For example, your resume could be: skills/training, education, awards, then job s and experience. As long as your resume is a coherent snapshot of you and is written well, you’re not stuck with any particular format.The best thing you can do for your postgrad rà ©sumà © is to put in the time and effort to figure out what you already have working for you, and how to spin it. â€Å"New grad† doesn’t have to mean â€Å"blank slate.† You can totally make it mean â€Å"building a new career on a great foundation.†

The Nervous System Essays

The Nervous System Essays The Nervous System Essay The Nervous System Essay The Nervous System is a complex System that has been broken into two major sections. One is the Central Nervous System also known as the CNS. This system consists of the brain and the Spinal cord. The second system is the Peripheral Nervous System which is known as the PNS. The PNS consist of all the other neural elements. The CNS and PNS work together to play a major role in the control of behavior. They receive and respond to the elements in the external and internal environment that’ll cause a nervous response. The CNS represents the largest part of the nervous system. The complete CNS is in the dorsal cavity the brain sits in the cranial sub cavity which is protected by the skull and the spinal cord is in the spinal cavity that is protected by the vertebrae. The nerves in the spinal cord carry messages to and from the brain. This system is for information processing where the motor output is computed to the response of the sensory input. The brain receives messages through the CNS and the PNS through special neurons. Each message travels to the brain or the spinal cord. Messages received through the spinal cord causes a response to the stimuli (elements in the external and internal environment strong enough to cause a nervous reaction) that does not cause any interpretation. The stimuli that are then received in the brain causes the response. The response is generated through the sense organs that interact with the 5 senses (hearing, seeing, smelling, tasting and touching). There are also general senses that are associated with the 5 senses, they are: pressure sense (sensed by the pressure receptors beneath the skin), Temperature senses (for the hot and the cold. This sends messages through the nerves to the brain), touch senses (receptors called tactile corpuscles), and the sense of pain (this is a protectant against something being wrong) these receptors for the general senses are found in the skin, muscles, joints and the internal and external organs. The PNS is subdivided into the sensory Somatic nervous system and the autonomic nervous system. The sensory somatic system consists of 12 pairs of cranial nerves and 31 pairs of spinal nerves. The cranial nerves all send and respond to the different nerves in the system. The olfactory (sensory) nerve is for smell, the optic nerve (sensory) is for vision, oculomotor (motor) nerve controls the eye lid and the eyeball muscles. Thetrochlear (motor) nerve is strictly for the eyeball muscles. The trigeminal nerve (mixed) is for facial and mouth sensations also for chewing. Abducens nerve (motor) is for eyeball movement. Facial nerve (mixed) is for taste and facial muscles and salivary glands. Aditory (sensory) controls the hearing and balance. Glossopharyngeal (mixed) for taste and swallowing functions. Vagus (mixed)is the main nerve of the parasmpathetic nervous system this motor is for swallowing and movement of the head and shoulders. The tongue muscles are controlled by the Hypoglossal nerves (motor). The Spinal nerves are mixed with both sensory and motor neurons. When exposed to the environment all conscious and motor activity deals with and operates through the Sensory somatic division. The Autonomic Nervous System consists of both sensory and motor neurons the travel between the CNS. The internal organs that are associated with the nervous system are the heart, the lungs, the viscera and the glands. This system is responsible for the monitoring conditions of the internal environment. The autonomic nervous system has two subdivisions the sympathetic and the parasympathetic nervous system. With the release of adrenaline into the blood ensures that all the cells of the body will be exposed to the sympathetic stimulation even if no postganglionic neurons reach them directly. The sympathetic nervous system prepares the body for violent activity and the parasympathetic system reverses these changes when the danger is over. The PNS is not protected by bone so that leaves it exposed to mechanical injuries. There are many disorders associated with nervous system such as vascular (stroke and hematoma’s), infections (meningitis and polio), structural (brain and spinal injury), functional (headache’s and epilepsy), degeneration (Parkinson’s and Alzheimer’s). The signs and symptoms to look for are head aches, loss of feeling, sudden loss of sight, memory loss, tremors, seizers and back pain that radiates to the feet, toes and other body parts. As you can see the nervous system play’s a large part in your day to day life. It keeps you moving, functioning and sending messages trying to protect you from the day to day incidents by using your sensory and you motor abilities. This part of the body should definitely be taken care of and kept out of harms way.