Wednesday, August 26, 2020
Human racial imbalance from early colonization to Civil War - Essay Example The demonstration of oppressing others, features on the mystery of the incomparable American history, established dependent on the standards of encouraging opportunity and balance. Fundamentally, the consequence of such oddity waits in the American culture, even at the present (Dempsey 129). Race as a term, characterizes a social classification arranged as far as social shows and in this light, racial limits, are frequently attracted to mean various things. In the United States, one might be ordered as Ã¢â¬Å"BlackÃ¢â¬ incase that individual have a place with a genealogy of African lineage. Fundamentally, such order or grouping means an extraordinary kind of paired racial arrangement and ponders the pattern on how people were characterized in the United States, after the finish of the Civil War. In America, the demonstration of proliferating imbalance during the time of provinces to the furthest limit of the Civil War didn't influence just one gathering, the African Americans, yet additionally, other minority bunches also. Prejudice, has a significant effect in the American culture and keeps on affecting on the lives of every American resident including, the Whites (Seligman 78). The Whites, during this period, were abused in two unique ways that incorporates a rehashed division of political and social developments that subverts individualÃ¢â¬â¢s ability to restrict the current kinds of imbalance and force. In this sense, the tip top and people with significant influence keep on profiting by the race issue as an instrument to partition individuals while, storing up more force for motivation behind securing the interests of their group. Around 1880s, there existed a political development comprising of resource ranchers and laborers in the Midwest and the south. This development seemed like creation a few advances in their mission against the elites in the south and other huge landowners. This populist gathering, represented a test to the political elites of the time be that as it may, racial clash, wound up breaking down the solidarity among the agrarian populists therefore adding to the fall of the development (Seligman 80). Then again, the second way where the presence of disparity influence the lives of the burdened Whites of that period, included, sabotaging the universalistic viewpoints identified with the government assistance state. This projects, should profit everybody in the general public, be that as it may, such projects, are stood out from the recognized projects implied distinctly to profit an assigned gathering. At the period the government assistance program was actualized in the United States, restriction rose up out of the Democrats in the South concerning universalistic approaches since, such strategies may profit both the White, just as the African Americans. These basically, are goals spread as a result of propelling supremacist ideas as obvious from the moderate Southern Democrats (Young 20). On another note, whe n the European pilgrims moved to America, there was at that point an indigenous populace living in that area of the world and had power over their monetary asset, which, was land. So as to gather this asset, the British province occupied with demonstrations of uprooting to take the land from the Native people group. The administration of the United States later utilized this training as the expression
Posted by Bernardo Hendrickson at 5:31 PM
Saturday, August 22, 2020
Carseat Safety Essay Each accomplishment in your childÃ¢â¬â¢s life is exciting! Initial steps, first words, and even the principal day of school (short the tears). Indeed, even vehicle seat achievements can appear to be energizing. Actually, they ought to be taken a gander at with a specific feeling of dread, not want. Each progression in a vehicle seat Ã¢â¬Å"progressionÃ¢â¬ is really a stage down in your childÃ¢â¬â¢s wellbeing. Back confronting is a whole lot more secure than front oriented. There are numerous articles that talk about the reasons why your youngsters ought to stay back looking for the main entire year and 20 pounds. A large number of these equivalent articles talk about that outcomes of injury drop significantly after the main year of life. Nonetheless, it doesn't express that there are no outcomes. The results may never again be demise from a totally cut off spinal string, however just deep rooted injury, including total loss of motion. Research considers recommend that until kids are at any rate four years old, they are powerless in withstanding crash powers just as grown-ups; from this time forward they ought to stay back confronting. In an accident, serious or destructive wounds are commonly restricted to the head and neck, on account of a kid being in a saddled seat. At the point when a youngster is in a front aligned seat, there is a fantastic measure of pressure put on the childÃ¢â¬â¢s neck, which must keep the enormous head down. A little childÃ¢â¬â¢s neck maintains extraordinary measures of power in an accident. The ties keep the body down while the head is tossed forward, which can break the spinal string. Additionally, the childÃ¢â¬â¢s head is at a more serious hazard in a front oriented seat too. In an accident, the head is tossed outside the limits of the situate and can reach different travelers or interfering items. Back confronting seats make a remarkable showing of securing youngsters just in light of the fact that there is next to zero power applied to the head, neck, and spine. At the point when a kid is in a back confronting seat, the head, neck and spine are completely kept completely adjusted and the kid is permitted to ride down the accident while the rear of the youngster seat assimilates the main part of the accident power. The childÃ¢â¬â¢s head is contained inside the seat, and the youngster is should more averse to come into contact with whatever may cause head injury.
Posted by Bernardo Hendrickson at 8:58 AM
Friday, August 21, 2020
An Apple Watch Wont Give You More Time A friend recently emailed me to communicate the buyerâs remorse he was experiencing after purchasing an expensive watch. Even though heâs a successful entrepreneur who can afford to drop $10,000 on shiny wrist-ornamentation, he expressed pangs of post-purchase grief, sorrow, and regret. He wasnât entirely sure why he felt this way, so he emailed me for advice. This is how I responded I know where youâre coming fromâ"as a guy who has owned several expensive watches (I owned more than one fancy watch during my lotus-eating twenties, although I donât own one now), I understand the allure. I could, of course, recite a dozen platitudes hereâ"an expensive watch canât give you more time, a puppet who enjoys his strings still isnât free, you are not the sum of your material possessions, our possessions possess us, etc.â"but it comes down to two things: Value and Quality of Life. In terms of Value, does the watch actually add value to your life, or does it drain value? Iâm not talking about monetary value (price is an arbitrary measurement); Iâm talking real, intrinsic value. Is that watch worth $10,000 of your freedom? Is it worth the emotional stress youâre going through while thinking about it? I know these questions sound rhetorical, but theyâre not. Iâm currently wearing a $100 pair of jeans, and, yes, they are worth $100 of my freedom to me. They are also my only pair of jeans, therefore I get immense value from them since I wear them almost every day. Does the watch do the same for you? If so, wear it with pride. If it doesnât, then ask yourself why you still own itâ"not why you bought it, but why you still own it. Is it a status thing? Is it part of your identity? Is it just an expensive personal logo? At this point, the purchase is overâ"you neednât beat yourself up over it because you canât change it: itâs a sunk cost. But you can change what you do going forward if youâre not getting value from the purchase. If you get value from the watchâ"if it truly enhances your lifeâ"then why not keep it? And when it comes to Quality of Life, you need to consider how the watch adds to the quality of your life. I used to earn about $200,000 a year at the peak of my corporate days, but I was miserable. My Quality of Life was poor. Last year, however, at age 31, I made $27,000, which is actually less than I earned at eighteen. But with that $27,000 I still saved more than Iâve ever saved, paid off the rest of my debt, traveled more than Iâve ever traveled, and experienced lifeâ"real lifeâ"more than ever before. Though I make a multiplicity of millions less than the corporate big wigs I once aspired to be, and though I bring home roughly 1/8 of what I used to bring home at my pinnacle, I have an appreciably higher Quality of Life than most CEOs and my former self. Very few material possessions could enhance that Quality of Life; in fact, most would take away from it. I obviously cannot and will not tell you what to do with your shiny timepiece. What I can tell you is Iâm much happier without my expensive watches. Who needs to know the time all the time anyway? Note: We originally published a different version of this essay a few years ago under the title A Rolex Wont Give You More Time, but, with the release of the new Apple Watch, this missive seems as relevant as ever.
Posted by Bernardo Hendrickson at 5:58 AM
Sunday, May 24, 2020
Mohandas Gandhi Born into a merchant family in 1869, Mohandas Karamchand Gandhi was under the influence of powerful people. Members of his family had served as prime ministers of an Indian state for several generations. His parents were strong in their religion, being devout and earnest Hindus. They were a part of a Hindu sect that worshipped Vishnu and promoted non-violence. Apparently, he was most influenced by his mother, a gentle and intelligent person. According to Hindu custom, he married at an early age and grew to love his wife greatly. Together, they had four children and adopted a fourth. Later, in 1888, he travelled to England to become a barrister-at-law. There were several important influences that he encountered here: theÃ¢â¬ ¦show more contentÃ¢â¬ ¦After many of his followers were put into prison and cruelly dealt with, some people engaged in violence. Gandhis distaste for this reaction showed, yet he blamed himself calling it a Himalayan miscalculation to have failed to teach the people how to react non-violently before asking them to protest. As a result of his mistake, he called off the entire movement, thinking it had been a failure. On the contrary, the movement had been a great success, no longer did the Indians fear the British jails or the British guns. It was evident now, that the British Government in India was inevitably going to fall. After many failures to reach an agreement with the British Government and after a short Individual Civil Disobedience movement where many were imprisoned, the British finally gave the power to the Indians in 1946. But, the question remained as to whether or not the area should be separat ed into two on a communal basis. As a result, many riots broke out between the different interests of the people. Gandhi himself was opposed to separation and to the violence that had broken out. He went from village to village trying to get the people to understand the benefits of unity, but it wasnt working. He was forced to agree with his comrades in the Congress who promoted partition into two areas: India and Pakistan, which came about in 1947. In 1948, Gandhi was fatally shot by a Hindu fanatic. AllShow MoreRelatedMohandas Karamchand Gandhi772 Words Ã |Ã 3 PagesThe Importance of Mohandas Gandhi was written by Mary and Mike Furbee. Mohandas Karamchand Gandhi was born in the town of Porbandar located in western India. He grew up in a very religious and affluent family, which made his social and economic life a bit easier. Instead of growing up and achieving through his families money, Gandhi wanted to earn his own name. He was married at the age of thirteen to Kasturibai and also continued his studies. After High School, he went to University College of LondonRead MoreMohandas Gandhi : A Of Gandhi s Leadership Essay1778 Words Ã |Ã 8 PagesMohandas to Mahatma: A Glimpse of GandhiÃ¢â¬â¢s Leadership Justin Hussey Western Kentucky University Mohandas to Mahatma: A Glimpse of GandhiÃ¢â¬â¢s Leadership Mohandas K. Gandhi was born and raised in Porbandar, India on October 2, 1869 into a family of a privileged caste (Gandhi Desai, 1927). He was raised by a father who was the Chief Minister of Porbandar and a mother of great devotion to the Hindu religion, and he was given thorough educational opportunity, which led to his attainmentRead MoreLeadership Styles Of Mohandas Gandhi2209 Words Ã |Ã 9 Pagesstyles of Mohandas Gandhi and a brief comparison and contrast of leadership styles to Fidel Castro. Mohandas Gandhi Mohandas Gandhi was born in 1869 in the Bombay region of Porbandar, Gujarat (DuToit, 1996). He is known as one of the greatest leaders from India and is said to be the father of the Indian Independence Movement. Gandhi did not become a spiritual and political leader overnight and was influenced by a number of events throughout his life. From an unlavished childhood, Gandhi was ableRead MoreMohandas Gandhi Essay1105 Words Ã |Ã 5 PagesMohandas Gandhi once said Ã¢â¬Å"When I despair, I remember that all through history the ways of truth and love have always won. There have been tyrants, and murderers, and for a time they can seem invincible, but in the end they always fall. Think of it--always.Ã¢â¬ (Manas). Gandhi was the most well-known spiritual and political leader during IndiaÃ¢â¬â¢s independence movement. Born in India, Gandhi spent a large part of his life in South Africa. Taking part in civil-rights activities in South Africa, GandhiRead MoreMohandas Karamchand Gandhi Es say835 Words Ã |Ã 4 PagesMahatma Gandhi was a man of faith and great conviction. Mohandas Gandhi, Whom most people know as Mahatma, meaning Great SoulÃ¢â¬ , dedicated most of his life to free his motherland by using peace and love to a vast extent rather than war and destruction. Gandhi founded Satyagraha, a new peaceful way to raise his voice. Gandhi was very well educated and helped the oppressed Indian community of South Africa. He came up with a policy of non-violent resistance called Satyagraha or devotion to truthÃ¢â¬â¢.Read MoreMohandas Gandhi and Nelson Mandela746 Words Ã |Ã 3 PagesTwo of the most famous leaders Mohandas Gandhi in India and Nelson Mandela in African. There are many notable peacemakers who are famous in recent history. Mohandas Gandhi was born on October 2, 1869 and Nelson Mandela was born on July 18, 1918. One many have heard about, and the other some might not have heard about. However, they both are well known for many of their good deeds. This essay will show how much the two leaders are different and similar. Mohandas Gandhi was born in Porbandar, IndiaRead MoreMahatma Gandhi Ã¢â¬â The Great Soul. Mohandas Karamchand Gandhi,1235 Words Ã |Ã 5 PagesMahatma Gandhi Ã¢â¬â The Great Soul Mohandas Karamchand Gandhi, better known as Mahatma Gandhi, was born on October 2, 1869, in Porbandar, Kathiawar, India. At that time, it was part of the British Empire. His father served as a chief minister in Porbander and other states in western India. His mother was extremely religious and fasted on a regular basis. Mohandas grew up worshiping the Hindu god Vishnu and following Jainism, which is a morally stringent ancient Indian religion that advocated non-violenceRead MoreMohandas Karamchand Gandhi s Independence Movement1355 Words Ã |Ã 6 PagesABSTRACT Mohandas Karamchand Gandhi was an Indian lawyer who became the primary leader of India s independence movement. Better known as Mahatma Gandhi, he not only led India to independence from British rule but also inspired movements for civil rights and freedom across the world in several other countries. Best remembered for his employment of nonviolent means of civil disobedience, he led Indians in the Dandi Salt March to protest against the British-imposed salt tax and launched the Quit IndiaRead MoreA Brief Biography of Mohandas Karamchand Gandhi766 Words Ã |Ã 3 PagesMohandas Karamchand Gandhi, also known as Mahatma Gandhi, was Indias greatest political and moral leader. He was born in Gujarat on October 2, 1869 and assassinated on January 30, 1948. In his 79 years of lifetime, he was able to accomplish so many things for the discriminated and all of India. His acts and ideologies still affects the world today. He was born in Gujarat on October 2, 1869 to a prime minister of Rajkot and a faithful Hindu woman. His mother Putilbais faith in Hindu affected GandhiRead MoreMohandas Gandhi`s Difficult Obstacles Essay1476 Words Ã |Ã 6 Pages Mohandas Gandhi was born the youngest son of his father, Karamchand Gandhis, fourth wife, Putlibai, in a small village in western India called Porbandar. He grew up in a strict Hindu household, for his father was the chief minister, or dewan, of the town. Although Karamchand was not well educated, he was a good leader and politician. His mother, Putlibai was a very religious housewife, and spent most of her time at home or in the temple. She spent much of her time caring for the large family, so
Posted by Bernardo Hendrickson at 5:55 PM
Thursday, May 14, 2020
U.S. Surveillance Affecting Civil Liberties Many Americans are being watched, in great detail, by the government. In its ongoing battle against crime and terrorism, the U.S. has ramped up its surveillance on individuals over the years. As in the book, 1984, by George Orwell, Big Brother Is Watching You. Many people feel that this surveillance is a major invasion of privacy and a violation of their rights. The USA PATRIOT Act was rushed through Congress 45 days after the 9/11 terrorist attacks. It stands for Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism, and extremely broadens the authority of U.S. law enforcement to conduct investigations. Agencies can conduct aÃ¢â¬ ¦show more contentÃ¢â¬ ¦For the customers of these companies, it means that the government has detailed records of calls they madeÃâ"across town or across the countryÃâ"to family members, co-workers, business contacts and others.(Cauley) She must have fallen right on the injured arm. Already he had instinctively started forward to help herÃâ¦ for in the two or three seconds he was helping her, the girl slipped something into his hand.(Orwell 115-116) Even Winston and Julia, two completely unsuspected people (at the time) must go through an elaborate incident just to exchange a message, for they were being watched. In the U.S. almost everyone who has detailed data collected from them are not suspected of any crime or wrongdoing. This is the major cause of the disapproval of the NSA and the PATRIOT Act, by most U.S. citizens. Many people feel that the government agencies misuse their power. Some citizens question whether or not the government is legally allowed to do some of what they do regarding surveillance. Due to the PATRIOT Act, federal investigators can obtain a wide variety of information without formal court proceedings, which are normally required. A congressional investigation revealed that the NSA h ad been illegally intercepting international communications for more than 20 years, but no action was taken against the NSA to penalize them or prevent this from happening again.(Cauley) Twenty-five years ago, if someone had said theShow MoreRelatedPrivacy And Privacy In 19841630 Words Ã |Ã 7 PagesIn the book 1984, by George Orwell, privacy was a very rare thing and not a lot of people were able to have it. The book was based in a city named Oceania, which was controlled by a totalitarian government with its leader being Big Brother. In this dystopia, the citizens have no control over their lives. Privacy was never fully granted by the totalitarian government. To make sure the citizens were being loyal to their government, they were constantly being watched whether they liked it or not. TheyRead MorePrivacy In 1984 Essay805 Words Ã |Ã 4 Pages In the novel 1984, George Orwell uses imagery and word choice to demonstrate how much people value their privacy. This is proven when the citizens learn that the Police Patrol and the government are spying on them in their homes without them knowing. George Orwell states that he knows there is someone snooping in his windows all the time. Night or day, it does not matter. He knows for a fact they are watching his every move. This goes to show that the Police Patrol and government have no boundariesRead MoreEssay about 1984-Is There Privacy?1396 Words Ã |Ã 6 PagesIs there Privacy? In 1984 George Orwell describes how no matter where you go in Oceania there is a telescreen right there watching you. Everything you do say or sometimes even think, Big Brother will know. 1984 was written in 1949 and Orwell hinted at technology which never even existed. Perhaps he saw it coming because of how popular the television was becoming. There are many ideas in this novel that Orwell predicts. Some came true in 1984, some did not, but today in UnitedRead More Theme of Privacy in 1984 Essay examples1353 Words Ã |Ã 6 Pages In 1984 George Orwell describes how no matter where you go in Oceania there is a telescreen right there watching you. Everything you do say or sometimes even think, Big Brother will know. 1984 was written in 1949 and Orwell hinted at technology which never even existed. Perhaps he saw it coming because of how popular the television was becoming. There are many ideas in this novel that Orwell predicts. Some came true in 1984, some did not, but today in United States thereRead MoreGovernment Control and Privacy Issues in 1984 by George Orwell1203 Words Ã |Ã 5 PagesTodayÃ¢â¬â¢s modern world may not be exactly like 1984, but there are some issues that are very similar to it. Some of the biggest issues that is becoming compromised today is the issue of privacy, which in the book 1984 was something that the people did not have much of because of things like telescreens. Not only is our privacy compromised but the government is also being too controlling. Ways todayÃ¢â¬â¢s privacy is being compromised are through things like game consoles, phones, social media, and dronesRead MorePrivacy And The Right Of Privacy993 Words Ã |Ã 4 PagesEveryone should have their own privacy in order to secure our personal and business. Most people do not like when some stranger is keep looking at you anything you do and talk. In 1984, that is called Big Brother is watching you through the telescreen. Telescreen c an always see and hear whatever people are doing and privacy setting. There are no such as privacy and secrets because telescreens were everywhere such as streets, houses and restrooms. In 1984, the main character is Winston Smith who worksRead MorePrivacy Is Not The State Or Condition Of Being Free1038 Words Ã |Ã 5 PagesÃ£â¬â¬Ã£â¬â¬Privacy means the state or condition of being free from being observed or disturbed by other people. Privacy is something that we all take for granted because we donÃ¢â¬â¢t know how to live our lives without it and in most cases we never have, well not like in the 1984 and The Circle. Without privacy, people would not be comfortable doing most of the things that they do on a daily basis. If we were being watched and listen to day in and day out then we would be living like prisoners. We would be limitedRead MoreAnalysis Of George Orwell s 1984 1122 Words Ã |Ã 5 PagesPrivacy is an important issue, especially in the United States where the N SA looms over the internet, tracking your every move. Privacy is what allows you to maintain your own individualism, what makes you a person and especially your freedom. A growing debate concerning OrwellÃ¢â¬â¢s 1984 relevancy is quickly on the rise. OrwellÃ¢â¬â¢s fear of a totalitarian society led him to write this book as he lived during the totalitarian movement in Russia. The fear of a totalitarian society spreading sparked his fearRead MoreAnalysis Of George Orwell s 1984848 Words Ã |Ã 4 Pagesthe George OrwellÃ¢â¬â¢s novel 1984, much of the society is watched and have no privacy of any kind. Every person in the Party is under surveillance. In effect, these people cannot live freely and independently, but it seems to be an impossible task because of of the Party surveillance, and how they limit thinking and manipulate reality. We can similarly see these concerns and their effects in today s society and the ways the novel also acts as a warning for the future. In 1984 a man named Winston livesRead More1984 Research Paper On 1984 Essay1026 Words Ã |Ã 5 PagesOllie Pearson Mr Funk English 2 HN 2 October 2017 1984 Research Paper Thomas Jefferson once said that Ã¢â¬Å"Everyone has the unalienable rights of life, liberty, and the pursuit of happiness.Ã¢â¬ If the government spied on its citizens, the citizens would carry the burden of having the government constantly watch every move being made, interfering with citizens pursuit of happiness. With that being said, if a citizenÃ¢â¬â¢s privacy was invaded then their pursuit of happiness would be demolished. The government
Posted by Bernardo Hendrickson at 12:53 AM
Wednesday, May 6, 2020
The Nightmare Behind the Dream Act Issue Definition The Development, Relief, and Education for Alien Minors, also known as the DREAM Act, is an American legislative proposal for undocumented immigrants who came into the United States as children to obtain a legal status if they attend college or serve in the military. However, the DREAM Act does not help all immigrants wanting an education even if they come into the U.S as young children; they must meet certain criteria. To fall under the DREAM Act, a person must have entered the U.S. before the age of sixteen, must have been here for five years or more before the enactment of the Bill, must not have committed a crime, must graduate from high school, and must complete at least two years of college or military service. In order for immigrants to benefit from the DREAM Act, the criteria previously mentioned must be followed, however, not many immigrants in the U.S can benefit from the DREAM Act because they do not meet one or more of the requirements. According, to the American Immigration Council, there are approximately 65,000 undocumented students that graduate from high school but do not attend college because they cannot afford it. Since not all immigrants fall under these guidelines, they cannot procced with the DREAM Act. This leads to question if the DREAM Act is giving everyone equal opportunity for all immigrants to pursue a higher education or the Dream Act is not living up to the expectations of all.Show MoreRelatedIn the World of Dreams1300 Words Ã |Ã 6 Pagesof Dreams The science behind dreams can be used to find out the different types of dreams and how different age groups dream along with how different genders dream. Different types of dreams consist of day dreams, nightmares, lucid dreams, normal dreams, etc. Men and women both dream differently in a sense to what they dream about. Adults and children tend to dream differently also. There are different types of dreams. There are nightmares and day dreams. Day dreams areRead MoreDreams: Nightmares the Myths Facts About It!1393 Words Ã |Ã 6 Pageseyes and hope we have a great dream. What happens when the dream is not so pleasant? Instead you have a horrible dream called a nightmare. Nightmares can be very disturbing. When it comes to the human mind, it is hard for us to know why it acts a certain way, but we can always try to learn. Everyone has had a nightmare one time or another maybe when they were a child or even as an adult. But what happens when the nightmares are constant? The fact is that nightmares are more frequent in childrenRead More Reality is Like A Dream in Where Are You Going, Where Have You Been by Joyce Carol Oates1520 Words Ã |Ã 7 PagesReality is Like A Dream in Where Are You Going, Where Have You Been by Joyce Carol Oates Joyce Carol Oates intrigues readers in her fictional piece Ã¢â¬Å"Where Are You Going, Where Have You BeenÃ¢â¬ by examining the life of a fifteen year old girl. She is beautiful, and her name is Connie. Oates lets the reader know that Ã¢â¬Å"everything about her [Connie] had two sides to it, one for home, and one for anywhere but home (27). When Connie goes out, she acts and dresses more mature than she probably shouldRead MoreSister Carrie and the American Dream1618 Words Ã |Ã 7 PagesThe American Dream is surely based on the concept of Ã¢â¬Å"Life, Liberty and the Pursuit of HappinessÃ¢â¬ but it is above all, a matter of ambition. James Truslow Adams, an American writer and historian, in 1931 states: life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievementÃ¢â¬ , which not only points towards a better standard of living for Americans but also denounces a degree of greed in the US society. Ambition not only Ã¢â ¬Å"killed the catÃ¢â¬ butRead MoreIrrationality in Dostoevskys Crime and Punishment and Shakespeares Macbeth1378 Words Ã |Ã 6 Pagesexistential beliefs in tragedies. The existentialist theory explains the idea that man can satisfy his own needs if he has the power to act on his desires, although its against the social ruling. Raskolnikov and Macbeth both have the power to act, but they both face an internally struggle of action and inaction. Both of them change their mind on if they should act because they become frightened of the consequences they could face if they are caught. Fyodor DostoevskyÃ¢â¬â¢s Crime and Punishment and WilliamRead MoreInvisible Man by Ralph Ellison Essay1403 Words Ã |Ã 6 Pagessimply cause violence and destruction between the two groups. Ras appears before the crowd of Brothers dressed in African clothing, wielding a spear and shouting how the narrator is a traitor to both sides. The entire scene is like that of a terrible nightmare. In a fit of anger, the narrator grabs the spear from RasÃ¢â¬â¢s hand and says: Ã¢â¬Å"They want this to happenÃ¢â¬ ¦They want the streets to flow with blood; your blood, black blood and white blood, so that they can turn your death and sorrow and defeat into propagandaRead MoreA Dream Cycle The Dreamer1475 Words Ã |Ã 6 Pagessomething otherworldly lurking about? The brain bends the rules, as if eager to conceive the waking nightmare that has confounded many minds, from scientists to philosophers and even religious figures. Sometimes referred to as the Ã¢â¬Å"evil twin of lucid dreamingÃ¢â¬ , sleep paralysis is a phenomenon in which a person experiences a temporary inability to speak, move or react. Unlike lucid dreaming (a dream cycle the dreamer is fully aware of), episodes of sleep paralysis are usually accompanied by strongRead MoreFreudian Interpretations Of Dreams By Sigmund Freud1663 Words Ã |Ã 7 PagesKafkaÃ¢â¬â¢s Ã¢â¬Å"A DreamÃ¢â¬ tale. Which the famous philosopher, Freud, would interpret symbols for different reasonings behind a dream. I n the book, Interpretation of Dreams by Sigmund Freud, he provides an in depth explanation on his beliefs behind the meaning of each occurring dream that we experience. Freud has tons of concepts that he claims for the reasonings behind each dream that have. Whether if we experience a nightmare or just a normal dream. The concepts in Interpretation of Dreams that are primarilyRead MoreI Dream1534 Words Ã |Ã 7 PagesAmerican Dream. Since James Truslow Adams coined the term Ã¢â¬Å"American DreamÃ¢â¬ in1931 (Wiki), a hope for the fulfillment of Ã¢â¬Å"life, liberty and the pursuit of happiness.Ã¢â¬ Yet, in this era, the harsh reality of poverty threatened life, restricted liberties, and covered happiness with dust. As FDR put it so well, Ã¢â¬Å"For too many of us life was no longer free; liberty no longer real; men could no longer follow the pursuit of happiness.Ã¢â¬ (Teslow Lecture) So why would Adams conceive of the Ã¢â¬Å"American DreamÃ¢â¬ in theRead MoreLiterary A nalysis : The Forest Of The Desert By Bill Walters842 Words Ã |Ã 4 PagesFeathers and Nightmares Dream Boxes is collection of contemporary pieces put together by the UNM Department of Theatre and Dance directed by Bill Walters. Dream Boxes is split up into two acts. The first, My FatherÃ¢â¬â¢s House, covers the well-known stories of Greek Tragedies including Orestia, Aeschylus and Iphegenia by Euripedes. The second, The Forest The Desert, is a collection of personal chronicles as told by the actorsÃ¢â¬â¢ themselves on stage. Dream Boxes can be described as a visual and sensory
Posted by Bernardo Hendrickson at 2:31 PM
Tuesday, May 5, 2020
Question: Discuss about the Harmonization in IFRS and Australian GAAP. Answer: Introduction With the changes in economic and increasing implication of accounting policies and standards in reporting frameworks of organization, it is observed that financial reporting practice of listed companies have changed vastly throughout the time. However, there are several problems and conflicts which are faced by listed companies and Australian government while establishment of proper level of harmonizations in GAAP accounting standard and IFRS rules and regulation. This report has reflected the problems faced while establishment of harmonizations in GAAP accounting standard and IFRS rules and regulation. In addition to this, adamantine study has been prepared to provide advantages and disadvantages of application of IFRS rules and regulation in reporting frameworks of organizations. In order to provide proper nexus between application of IFRS rules and regulation and GAAP accounting standard, Woolworth Company has been taken into consideration (Soderstrom Sun, 2007). This company has been running its business in super market industry in Australia. However, with the ramified economic growth, this company has opened up its business in other international market. It could be inferred that International financial reporting standards is set of accounting standard developed by an independent not for profit IASB. However, there are several corporate bodies such as united nation, International accounting standard Board and other legal authority which has made mandatory for the Australian listed companies to comply with IFRS rules and regulation for reporting of their financial statement. Reason for Harmonization This report has reflected how IFRS and domestic accounting standard differ in different countries due to their different policies and norms. Reducing complexity of multinational companies It is evaluated that International financial reporting standard has been issued with a view to mitigate the problem of complying with dual accounting standards due to international business functioning. However, reporting standards are applicable in Australia to increase the transparency of business information to companys shareholders. For instance, if company is running its business in USA and having reporting headquarter in Australia then in that case company would have to comply with accounting standard of two countries. Company in Australia has been following Australian GAAP and IFRS rules and regulations while preparing and filing its annual report with Australian and international authority (Annual report, 2016). However, there are several challenges faced by companies while establishment of harmonizations in GAAP accounting standard and IFRS rules and regulation such as implementing impairment test, valuation of goodwill and other intangible assets and determining the market value of assets of company (Haller Wehrfritz, 2013). Globalization of financial market International investors who make investment in Australia face problem in interpreting the financial results of company if company has followed GAAP rules and domestic accounting standard in preparing its financial statement. These problems arise due to the complexity of two accounting standard and two different methods. However, companies could mitigate these problems if they could bifurcate the financial data computed and shown in the books of accounts as per the IFRS rules and regulation. Reducing complexity in reporting of financial statement of companies There are other several issues which are faced by companies while complying with IFRS rules and Australian GAAP such as make financial statement of one country comparable with other country, using of different accounting model and methods while valuing assets of company as per IFRS rules and conflict in adoption of historical cost method and market value method for determining the true and faire view of assets as per the IFRS rules and Australian GAAP accounting standard (Haller Wehrfritz, 2013). Increased level of transparency There are many other entities and stakeholders that can get benefit from harmonization like tax authorities as they need not to deal with foreign income and it can reduce the complications of their work. It can save a lot of time and money in consolidation of diverse financial information when there is more than one data (Wu Lin, 2014). If companies adopt international accounting standard then it will also increase the overall transparency of financial statement to stakeholders. Adoption of IFRS by International accounting firm International auditing firm are indulged providing services in all over the world. It makes simplicity in following accounting procedures and accounting standards. Preparation of financial reports and accounting reports become so easy after establishment of harmonization in IFRS and GAAP rules and regulations (Tschopp Nastanski, 2014). Increased and effective interpretation of financial information to stakeholders It is evaluate those traders and investors needs opportunities and exposure to all over the world but there is a problem related to different accounting methodologies. This affects comparisons and various analyses related to different investment options Mintz, 2010). This becomes helpful for the investors who wish to invest outside their country as they use accounting and finance related information in decision making. This results in effective utilization of resources and good decision making. Without worldwide accounting system, it is very difficult to judge various investment plans and analyze benefits of alternative investment opportunities. Uniformity of such systems helps in removing such disparities (Jnior, Hein, Wilhelm, Kroenke, 2015). For instance, Consolidation of Financial statement is also one example. If companies follow IFRS rules and standard then it will increase the transparency of financial information and includes cash flow statement in its books of account (Skog lund, 2014). Issues in harmonization As per European Union, harmonization refers to the process of creating common standards that are applicable across the market. The main motive for harmonization is to create a consistency of laws and regulations so there should be common rules for a business that operates in more than one state (Akgn, 2016). Conflict in recording of financial transactions It is true to say that if company wants to prepare one consolidated financial statement and one annual report for all of its domestic and international transactions then it has to follow IFRS rules and standard in proper manner. However, if company follows IFRS rules and regulation in determining the value of assets and recording entries then it may result to changes in value of amounts shown in its balance sheet. Company could justify this difference in amount by showing the complying and applicable IFRS standards details in notes to account of company. Complying with other applicable rules and regulations while establish harmonization in IFRS and domestic reporting standards Other problems which companies on international level could face while reporting its financial statement on international level such as different tax system, applicability of two different accounting frameworks, valuing plants and machinery of company and using different accounting concept (Tschopp Nastanski, 2014). Great expansion of world trade and investment on international basis has been increased due to harmonization. If everything has become international then it will become easy to meet needs of international users (Srivastava Gupta, 2014). It is evaluated that multinational companies has to prepare their financial statements for each and every country differently as per their different requirement. However, there are several countries in which no proper accounting standards are followed. Therefore, with the help of harmonization, these companies could adopt readymade international accounting standards and get the benefits out of this. (BPP LEARNING MEDIA., 2016). Application of international rules and regulations Adoption of IFRS involved a lot of cost as there is a change in all the standards. It required too much disclosure and some of their benefits are more than the cost for the same. One problem is related to wrong interpretation of financial statements between the creators and the auditors. (Palepu, Healy Peek, 2016). Another issue is related to interpretation of newly issued rules and standard by IASB. Companies in Australia and other stakeholders get confused with new IFRS standards while modification and changes issued by IASB on international level. In addition to this, other problem is faced by company while filling of consolidation of financial statement with international authority (Yu Wahid, 2014). There are several issues faced by Companies in adopting IFRS rules and regulation for preparing and filing of its annual report with international authority (Vidal-Garca, Vidal, 2016). Cultural differences Harmonization does not consider political, social and cultural differences between different countries that impact in the implementation and interpretation of various things. Acceptance of IFRS rules and standards all over the world There is a lot of interference of politicians in National standards of accounting. Decisions of such politicians create a lot of impact in decision making related to acceptance of accounting standards. Training and development for employees and stakeholders for interpretation of new rules and standards When a country harmonizes its standards then it creates a problem because in such cases training should be provided to auditors and accountants. Colleges and institutions also have to change their curriculum in such case. It is difficult for people to adopt these changes as it is not necessary for everyone to become comfortable in every system. ("Standardisation, Accreditation And Harmonisation", 2014). Country level analysis (Australia) Australian GAAP and IFRS rules carry same aim of increasing transparency of financial information to companys stakeholders (Nnadi Tanna, 2016). The main concepts of both are same when consideration is made at micro level at the individual standard level. However, consideration is made at micro level differences at the individual standard level. (Mintz, 2010). There are several differences which could be considered while following IFRS rule and Australian standards such as statement of principle allows use of historical cost while recording assets. Australian government has issued various compliance programs to make mandatory adoption of IFRS rules and regulation to establishment of harmonizations in GAAP accounting standard and IFRS rules and regulation for better level of transparency of accounting and financial information. However, companies face conflict between both standard while valuing assets and recording transition then IFRS rules and standards will prevail. In case of con flict between both standard, companies have to comply with the standards and rules given under international financial reporting standard. As per IFRS rules both methods such as purchasing pool and merger accounting could be used by company. On the other hand, in case of Australian GAAP only fair value method could be used (Andr, 2017). Australia has adopted IFRS as there were several benefits with the same like to lower the cost of capital, decrease in cost for auditors, creators and users of financial reports, to remove gaps in Australian GAAP etc. There were some disadvantages also like there was a lot of cost include in acceptance of such standards, loss of guidance, loss of freedom to create own standards. There were different outcomes of adaptation of IFRS like Australian accounting statement has become more simplex as well as understandable by everyone, recognition of financial statement has become easy etc. (Walton, 2010) After the adoption of IFRS, the quality of reporting has been improved. There are indications of positive impacts on the economy of Australia. There is an organization named Woolworth plc. It has adopted IFRS and that affects a lot in the functioning of the organization like- IFRS considers intangible assets only if it has a future value or we can say future benefit but in case of GAAP, intangible assets are recognized as per its fair value (Mulyadi, S., Soepriyanto, Anwar, 2012). Under IFRS , the method of inventory calculation Last in first out (LIFO) is not allowed and under GAAP Last in first out and First in first out can be used for inventory calculation (Walton, 2010) Under IFRS, if there is a written down in inventory, then in future there is an option of it reversible but in GAAP if inventory is written down, then it cannot be reversed in any case (Mintz, 2010). There is a concept called going concern. In GAAP going concern is not as much developed but In IFRS, all such principles like going concern and accrual concept are well developed (Bohuov, 2014). In case of GAAP, the main motive or objective of providing financial statement is to give appropriate and segregated information to stakeholders as it has separate objectives for business and non-business entities. (Kang Gray, 2013) In GAAP, there are some standard guidelines for financial accounting need to be followed and in case of IFRS; there are some common international standards that allows international entities to understand each other in a more detailed way. GAAP are used in only United States and IFRS are used in approximately 110 countries. Company level analysis (Woolworth Plc) Woolworth is an international company running its business in Australia and other countries. However, company has been following Australian GAAP and IFRS rules and standards in preparing and filling its annual report with concerned authority (Annual report, 2016). Impact on Valuation of assets and liabilities of Woolworth after harmonization of IFRS rules and standards Woolworth Company has established proper level of IFRS rules and Australian accounting standard for strengthening its reporting frameworks (Annual report, 2016). Ideally, companies face problem related to valuation of assets while complying with IFRS rules and standards in their reporting frameworks (Jamal, et al. 2008). Woolworth has recorded all of its fixed assets at its book value or market value which ever is higher. As per the Australian GAAP, valuation of tangible assets should be based on the historical cost and impairment test. If Woolworth has followed GAAP rules then it would have shown deducted all of impairment losses from it profit and loss account and also resulted to less value of shares. On the other hand, as per the IFRS rules and standard, valuation of these assets should be made on the basis of cost value and market value whichever is less (Bohuov, 2014). Therefore, due to the different requirement and contradiction, Australian government has passed regulations fo r all listed companies to follow IFRS rules and regulations over Australian GAAP in case of any conflict and problems follow proper level of IFRs rules and Australian GAAP standards then it would strengthen its reporting frameworks. However, Woolworth has faced problem in reflecting the value of assets and liabilities. Woolworth finds difficulty in complying with common accounting standards then it could record its assets value in books of account at their market value or cost value whichever is less (Yu Wahid, 2014). On the other hand, GAAP Australian standard focus on determining the value of its assets as per the impairment tests (Srivastava Gupta, 2014). Another problem which Woolworth has faced while valuing of its assets is related to separate methods to book entries in the financial books of accounting. It creates conflicts in valuation of assets while recording the assets and liabilities of company in books of accounts (Odia Ogiedu, 2013). This has shown that all the asse ts of Woolworth have been recorded at their cost value after implementing proper provisions. IF GAAP rules are adopted by Woolworth then assets shown in the financial statement should have shown at the less value and profit and loss should be shown at less value after deducting impairment loss (please see the Annual report of company for more details) (Annual report, 2016). Conclusion In this report, study has been prepared over how government of different countries could establish proper level of harmonization in IFRS rules and standard for the better level of transparency of financial information to stakeholders. Nonetheless, Australian government has passed newly introduced rules and regulations for strengthen the reporting frameworks of listed companies. All the listed companies have to comply with IFRS rules and regulations to make proper level of international reporting frameworks. However, in case of conflict between Australian GAAP and IFRS rules and regulations company should be more inclined towards following IFRS rules and standard for preparing and reporting of financial statement. Now after evaluating all the facts and secondary research from various sources, it could be inferred that all the listed company should follow international financial reporting standards. Woolworth Plc has followed proper level of IFRS rules and standard in formulating balan ce sheet and accounting books. If Woolworth plc does not comply with international financial reporting standard then it may result to destruction of foreign clients trust and they would face difficulty in interpreting financial statements (Jeanjean Stolowy, 2008 Recommendation It is observed that due to the complexity in international reporting frameworks, company has to establish proper level of harmonization in Australian GAAP accounting standard and IFRS rules and regulation while reporting its financial statement and other document with its stakeholders. Nonetheless, there are several companies around the globe such as GE capital, Wesfarmers, Morrison plc and so on which are facing problem of harmonization in complying with domestic and international accounting standard in formulating and reporting of financial information with stakeholders for better transparency. 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