The usage of financial accounting information Essay

The usage of financial accounting information - Essay Example One of the uses of financial accounting information is for funding purpose.Capital from shareholders and loans and credit from creditors require reporting of financial accounting information to solicit funds.Since the shareholders provide the funds for the organization to run,they are interested in the returns earned on their investments. Financial ratios such as return on shareholders' funds can be calculated to assess the returns earned on their investments. They use information on past performance obtained from the financial statements comprising the profit and loss statement, balance sheet, and cash flow statement together with the present economic market conditions to predict the future returns. Also, since the shareholders elect the board of directors, they would want to regularly evaluate the management's performance. Profitability ratios, indications of earning capacity and ability to make profits, can be used by the shareholders to evaluate the management's performance. Loan creditors, such as bankers are interested in the financial stability and liquidity of the organization, as assessed by the liquidity ratios, solvency ratios, and capital structure ratios. Loan creditors would also like to know whether the organization is able to pay interest on time and to repay the principal of the loan. They can use financial ratios such as the coverage of fixed interest charges to assess the organization's ability in this regard. They are also interested in the amount of security existing for their debt, other liabilities the organization has and security offered for them. The balance sheet offers this information. Trade creditors let the organization obtain goods or services with postponed payment. They are interested in the ability of the organization to pay its debts as they fall due, as revealed by liquidity ratios. Both shareholders and creditors use financial accounting information to assess the timing and uncertainty of prospective cash receipts. The pros pects of cash receipts depend on the organization's ability to generate enough cash to meet its obligations when due and its other cash operating needs. The cash flow statement, when used in conjunction with the rest of the financial statements, provides information that enables users to evaluate the changes in net assets of an enterprise, its financial structure and its ability to affect the amounts and timing of cash flows in order to adapt to changing circumstances. Another use of financial accounting information is to solicit investments from potential investors. Potential investors require information on various matters, including solvency, financial strength, earning capability, and the ability of the management to decide whether or not to invest in the organization. The financial statements and the various financial ratios derived from the financial statements mentioned in the above paragraph can be used by potential investors to make this decision. Lastly, financial accounting information is used to facilitate wage and employment negotiations. Management accounting information is used for decision making such as to accept or reject special sales order, fix selling or tender price, add or delete a product line or department, maximize profits with a limited productive capacity or scarce resources, make or buy a component, or further process joint products. The management accounting information used in decision making is relevant costs such as differential and marginal costs. A special sales order, such as an order of a particularly large quantity such that certain costs can be reduced, can be accepted if it gives a positive contribution margin (sales minus marginal costs), provided the organization has idle capacity, fixed costs will not change, normal sales at regular prices will not be disrupted, and no other special order that is more profitable can be obtained. The selling or tender price is used to determine the target market of the organization's products. Some products may be sold in a luxury market where prices may b e higher

Domestic Violence Cycles Term Paper Example | Topics and Well Written Essays - 2000 words

Domestic Violence Cycles - Term Paper Example The victims are usually women, children, elderly people, physically or mentally challenged persons and partners in gay or lesbian relationship (Steiner, 1996). Domestic violence is a far-reaching and social problem which has raised many serious debates. While many sociologists argue that domestic violence is mainly a male- perpetrated issue, many others believe that women are as violent as men in intimate relationships. The issue of domestic violence, especially against women, is not new and in fact, the domestic violence movement is at least 3 decades old. The movement has caught a lot of public awareness and has got many protective laws enacted. Many extensive networks of services have been started to help the victims of domestic violence. Domestic violence can be either physical - where there is danger of harm to any part of the victims body; psychological and emotional - where the offender abuses the victim verbally or criticizes her in front of others or causes embarrassment, despair, sadness or terror; sexual- wherein the victim suffers rape or any other derogatory treatment; economical- the offender tortures the victim by causing financial tensions, not allowing her to spend or asking her penny-to-penny accounts of what is being spent; or social- where the victim is not given freedom to meet her friends and relatives or attend social gatherings. Other methods of harassment include blackmailing, following, unwanted emails, and phone calls, etc. Children, elderly and the disabled may also suffer by sheer negligence like not giving food, shelter, and clothes properly or not giving medical aid in time. Also, children may suffer by just looking at their mother being beaten up (Davies, Smith and deBenedictis, 2008). According to the 1998 Commonwealth fund survey, nearly 31% of American women report being abused by their partners at some point in their lives (Commonwealth Fund, 1999).

Summary for videos Essay Example | Topics and Well Written Essays - 250 words

Summary for videos - Essay Example Professor Bobo also notes that among the five drugs that have been classified as illegal, policy formulators have distinct cocaine as the â€Å"most illegal† yet scientifically, other drugs have worse effects on users. This is specifically because Black only deal in cocaine. According to Professor Bobo, the existing punitive law, coupled with the assumption that prisons and jails should be the primary reaction to crime, is racially designed. In the presentation by Professor Bobo, he points out key factors believed to be the main causes of cycles of crime as economic, cultural and political. Some of this includes intensive joblessness, poverty, and family breakdowns. All the way since 1960s, one in every eighteen Blacks has been in jail or in some form of criminal justice process. This makes the society in which the Black children grow in being unstable, with many of them having missed opportunities of obtaining college education and serving in military. It therefore follows that cycle of crime continue in the neighborhood. The presentation by Professor Bobo resonates so well with the situation in Chicago where â€Å"interrupters† reveal their side of the story and what they believe causes gang violence. In their pursuit of making difference, the experience by the interrupters reveal issues like lack of education, poverty and unsafe environment as some of the propagating factors of violence in their

Magnetite Biomineralization Research Paper Example | Topics and Well Written Essays - 1500 words

Magnetite Biomineralization - Research Paper Example nt study showed that most human brain tissues had a least five million single domain crystals per gram and in excess of 100 million crystals per for dura and pia. The crystals were in clumps of 50-100 particles. During biologically controlled mineralization of magnetite the organism makes use of cell activities to control the nucleation, growth, final place of deposit, and the morphology of the mineral. The process of biomineralization of magnetite commonly occurs in an isolated environment. The nucleation and growth of biominerals is dependent on the existence of a localized zone that enjoys and maintains adequate supersaturation. The two phases of iron that commonly feature in the process of magnetite biomineralization in bacteria are ferrihydrite and magnetite. In bacteria, magnetosome organelle is responsible for producing magnetite. The organelle is basically a biomineralized greigite or magnetite. Magnetite Fe3O4 is a naturally occurring mineral. Scientists note that the mineral is one of the most magnetic minerals that naturally occur on earth. Research has shown that magnetite does not only occur naturally on the earth, it is also found in animal tissues. Indeed scientists note that almost all groups of organisms form one form or another of biominerals. Some of the organisms that have been found to precipitate magnetite include arthropods, chordates, and mollusks. Recent studies show that biominerals are found in humans such as in bones and teeth. The precipitation of magnetite in living organisms occurs through the biomineralisation process. This paper will discuss Magnetite biomineralization in light of its chemistry, occurrence, and crystallography among other issues. Biomineralisation or biologically regulated mineralization is basically the process through which living organisms produce minerals according to Kirschvink and Hagadorn (2000). Weiner and Dove (2013) note that biomineral products are composites that comprise both organic and mineral

Philosophy on how you will teach students who have autism Essay

Philosophy on how you will teach students who have autism - Essay Example Teaching using visual aids is the most effective means of teaching autistic student. This is because students with this disorder are visual thinkers; they rely heavily on pictures to comprehend something. Pictographic and written cues assist these students learn and communicate (Arwood, Brown and Kaulitz 2009). The main advantage of using visual aids is that, an autistic student will be in a position to remember a he have the chance of making relationships and recall easily later unlike the oral teaching strategy. Furthermore, visual approach assists to combat attention failure by facilitating focus on the message. Teachers should use visual supports to teach autistic students how to: It is also imperative that a teacher understands autistic student motivators are different from normal students. This refers to the teaching method whereby there is the use of reinforces such as praise. This is because these students often develop an attachment to a single topic, object, Thus in order for the teacher to create learning interest he should clearly know these students preferences. In a scenario, whereby a student likes cars, then a teacher can for instance while teaching mathematics illustrate using cars. Teachers should objectively offer structured or predictable classroom environments. This environment should be structured to provide consistency and clarity. This will ensure that autistic students know exactly where things belong and what is required of them in a specific state, and can anticipate what comes next. Teachers should ensure that the personalized plan for a student with autism should fit well into the overall classroom timetable. Teachers should vary tasks to prevent boredom, and alternate-group, difficult- activities to reduce anxiety and possibly prevent some inappropriate behavior. In addition, incorporating physical activity and exercise at points throughout the day is

From War to War, the world in the years 1918-1939 Essay

From War to War, the world in the years 1918-1939 - Essay Example The U.S., being the only Western country with an economy nearly unaffected by the war was in a position to assist the war-torn nations. It supplied loans to Germany and Austria, the losing parties in the Great War. Germany and Austria, on the other hand, were obliged to pay reparations to France and Great Britain. Both Great Britain and France, for their part, had to repay the U.S. which had provided them with loans in the duration of World War I. In such situation, the U.S. financial institutions saw that investments in Europe had become no longer viable and they were prompted to pull out their funds out of the continent, leaving Germany and Austria in serious economic turmoil. The U.S too suffered greatly in the economic sphere. For a time, its agricultural sector grew while there was virtually no competition from Europe, which has yet to recover from the war. However, when Europe’s farmers began to produce the same agricultural products as the Americans came up with, an ove rproduction occurred. The crisis of overproduction eventually led into the downfall of a great number of farms and agricultural enterprises. As the stock market crashed in 1929, industrial and commercial activities came to a slowdown, depriving hundreds of thousands of workers of their jobs. The market contracted further and resulted in more joblessness. This was because â€Å"consumer demand no longer sufficed to purchase all the goods that businesses produced, and when business realized that could not sell their inventories, they responded with cutbacks in production and additional layoffs† (Bentley & Ziegler, 2011, p.986). As America suffered great setbacks in its economy, a chapter in history called the Great Depression, the countries in Europe also began to experience worse economic crisis. Among those that bore the brunt is Germany. As the Great Depression wreaked havoc on the U.S. and other countries of Western Europe, the Soviet Union managed to pursue more seriously its own socialist economic programs. The Great Depression was pointed out as a sign that capitalism is a bankrupt system and that socialism is the only path towards economic development. Both V.I. Lenin and Josef Stalin were able to initiate programs that aimed to industrialize the Soviet Union, less concerned this time with external threats coming from the weakened West. Lenin, however, was pragmatic as he considered certain aspects in the economy that should bear the hallmarks of capitalist system at least for a certain period of time. Through the New Economic Policy or NEP, â€Å"large industries, banks, and transportation and communications facilities remained under state control, but the government returned small-scale industries (those with fewer than twenty workers) to private ownership† (Bentley & Ziegler, 2011, p.992). When Lenin died, however, his successor Stalin, decided to hasten the construction of a purely socialist state. He did so by overturning the NEP and i nitiating the collectivization of agriculture. The objective was apparently to bolster the efforts in national industrialization. However, Stalin’s policy led to the alienation of many peasants, especially the kulaks who benefitted much from the NEP. Discontent grew and many began to oppose the Stalin’s government. In response to this, Stalin used the full force of the state and the Communist Party in running after individuals who are suspected of opposing the policies

Ethics in Conducting Research Paper Example | Topics and Well Written Essays - 2000 words

Ethics in Conducting - Research Paper Example The term ethics simply referred to the behaviour and moral conducts of any person. Generally, when the people talk about ethics, everyone think that, differentiation between the right and wrong is called ethics. This definition is right up to some level, but it does not include other necessary elements those are necessary to fulfil the ethical requirements. If you are going to write any of the literature review or any other research paper, then there are many ethical requirements that should be considered for quality paper. For better understanding, some of the necessary elements for conducting ethical research are mentioned below separately. Originality of the material is the main element of any research paper. For this purpose, the main ethical requirement is that, your material should be original and based upon on your own research and work. You are not allowed to use the technique of plagiarism in your research work. The term plagiarism is generally referred to the situation of taking the credit of some other’s work. For example, you want to address the audience through your research paper, but you use the information that is based on some other’s work, then this act is treated unethical by every mean. You are not allowed to use the technique of copy and paste with your work. That does not mean that you cannot refer to someone else work. You can use other’s work to gain the ideas or improving your own work. In some research papers, you are also not allowed to copy the ideas of others, but it is only in some extreme cases. As it is mentioned above that the research papers are referred to valid source of information. So â€Å"honesty† is also treated as a major element of ethical factors. For example, you are going to make a research paper on some scientific research then you must ensure that you are honest gathering all scientific information