Compare how the theme of loss Essay Example for Free

Compare how the theme of loss Essay As he was inexperienced and had childlike thoughts and imagination, he was unaware of what situation he put himself in, which once again outlines the innocence of his youth. However, it does mention several times that â€Å"He asked to join. He didn’t have to beg† which refers back to the idea that he is only to blame, as whatever position he is now standing in, was completely his decision. He had also been taken away by the persuasive black propaganda. This makes his loss feel more pointless and very regretful. So this defies his argument about blaming Meg. Whilst comparing these characters together they, as well, blame their faults onto somebody else. We, as a reader, understand this, because when he mentions the reasons why he joined up for war, he mentions how it was â€Å"to please his Meg†, and this sounds sarcastic to us that he threw his life away at such a young age for a girl who doesn’t even care enough to visit him anymore, instead leaving him lonely in a â€Å"wheeled chair, waiting for dark†. He is more or less blaming her for making his life futile. Also, again in proximity with the poem ‘Out, Out-’ where he blames it on the â€Å"snarling† saw that appeared to attack at him. Frost personifies the saw repeatedly throughout the poem, how the saw â€Å"leaped out at the boy’s hand† and how it had â€Å"snarled and rattled in the yard†. Giving the image of an animal, waiting to pounce. These two characters are forced to be independent about their lives because they are both rejected by others. In the poem ‘Out, Out-’ he complains about how once he died nobody had taken much interest when he died â€Å"since they were not the one dead†, they â€Å"turned to their affairs†, and this compares nicely within ‘Disabled’ where he talks about how â€Å"women’s eyes passed from him to the strong men that were whole†, as well as having rejection hit at him, it also makes him feel dehumanised, that he is now labelled â€Å"Disabled† and now he has stripped of his masculinity. This again alludes to the idea of loss as he is being abandoned by everyone. He had a massive crowd of people chanting him off to war, whereas â€Å"only some cheered him home†. This gives a lonely, isolated and unloved atmosphere. Furthermore, these two poets have created a contrast between idyllic working environments with the beautiful setting coming into contrast with horrific events. Robert Frost has created a perfect example of this in the poem â€Å"Out, Out-† when mentioning the â€Å"Five mountain ranges one behind the other Under the sunset far into Vermont† and also describes the â€Å"sweet, scented stuff†. The sibilance on the â€Å"sweet† and â€Å"scented† exaggerates the pleasant atmosphere. By mentioning these notes about how everything was delightful, and how all of his five senses are all sensational and pleasurable, it creates a sense of danger in a way that everything at the moment is perfect and it is making the reader predict that it is just leading up to something more hazardous and dangerous. Another example of the use of this effect would be in the poem ‘Disabled’ where Wilfred Owen describes how the disabled soldier listens outside from his hospital bed how the â€Å"Voices of boys rang saddening like a hymn† and also their â€Å"Voices of play and pleasure†. The use of this anaphora gives the effect of an echo and how the children’s happiness haunts him. Also the plosive used on â€Å"play and pleasure† gives it a harsh tone to possibly show that he is jealous of the freedom of the children as he barely had any youth himself so he envies those who have. What sounds to the reader (which is mirrored earlier on) is a beautiful setting by which Owen has as well as Frost added a negative perspective to it. However, in this poem it is to show the emotions of the angry and bitter disabled soldier, unlike in ‘Out, Out-’ where it is to show the building tension of a beautiful setting coming into contrast with a scene of horrific events. These characters are very remorseful about why they had made their stupid mistakes in the first place. This once again makes the loss wasted and valueless.

Advantage and Disadvantages of Japanese Nationals Working in the Philippines Essay Example for Free

Advantage and Disadvantages of Japanese Nationals Working in the Philippines Essay â€Å"Teaching is learning. Teaching is enriching. Teaching is challenging, it’s trying in unimaginable ways. Teaching is motivating, it’s inspiring. Teaching is frustrating, it’s frightening. Teaching is growing. Teaching is loving. Teaching is a blessing. And being a teacher means that I have a lot to learn.† (anjaligill, 2011) A quote I have read on one article on the internet that actually touched my heart. I am not a teacher but appreciate the hardships of teachers throughout their journey to imparting to us student all they can for us to have a better future. Yes we have a lot of teachers here in our country but learning is not limited to only our country. Because of media and many other sources or information we have been exposed to other cultures and languages from many different countries. Thus which lead to us wanting to learn other culture and languages. Some of these languages are Korean, Japanese, Spanish, and French. And who else are more capable in teaching us these languages than the natives of theses languages themselves. That is why this study aims to shed a light on the existence of Japanese Language teachers that are working in the country. The first part of this paper is going to touch upon the rules that’s the immigration imposes on these aliens that wish to enter the country. What kind of permits and visas that must be secured in order to be able to work. Also it talks about the role of the Department Of Labor and Employment (DOLE) in allowing these aliens to have a fair and legal job here. The second part of my report talks about the different issues that these aliens have encountered over their years of working in the Philippines. For years now we have been hearing about the melodramatic life of an OFW, we’ve had a lot of articles on the different experience they have out there. But have we ever given a thought about these foreigners that come to our country not as tourist, but to look for jobs? Probably as teachers? What more these Japanese nationals working in Davao as Japanese language teachers? We’ve been so focused on Filipinos that we forget to check on these other people who are also making a living here in our country. This paper will try to shed a light on what are the most common difficulties and what are the measures they took in order to be able to overcome these obstacles. And I am hoping to gather these datas through interviewing some Japanese nationals residing in the country specially Davao. A. What are the necessary visa and permits these Japanese nationals must secure in order to be able to work in the country? B. Are they given enough compensation and benefits in their jobs? C. Why of all other country would they choose Philippines? D. What are the different experiences they have here? For the last part this paper will try to compile the gathered data and express what are the common advantages and disadvantages of experienced by these Japanese Language teachers working in the Philippines? Those are just some of a few things this study aims to shed a light on, and to give the readers a deeper understanding on their situation through their experiences. Review of Related Literature 1. Japanese Language as a Profession When we hear the word Japanese Language most of us would think: oh that’s all about kanji!† â€Å"That is a very hard language to learn†. Yes it is true, it is not an easy language to learn but it is also one of the most interesting of all. With all the variations in the conjugation of every word, to all the particles for every sentence, but most especially to the different strokes in their unique 3 writing styles namely hiragana katakana and kanji. In the beginning yeah it will be hard but in the long run you will be able to appreciate all the hardships you have gone through in order to reach that level. So because of that many people have engaged in learning the language. Some would say that if you really want to learn something you have to do it yourself. But then again because of the complexity of this language it has become hard for others. That is why we have come to the conclusion that who else is more capable to teach us the complicated and very meticulous language than these Japanese nationals themselves? But then again this poses a very big hindrance when it comes to language barriers. It is because before Japan has been a very secluded country that doesn’t want to open up to other country. That’s is why even though some Japanese wanted to teach Japanese it would be hard for them since that not all Japanese know English and since English is the universal language communication and explanation would be hard. But as years pass by and as Japan slowly open their doors to other countries, international colleges started to rise and because of this the Japanese nationals studying in such colleges are being exposed to the word and thus they became aware of the eagerness of other people to learn their language which triggered a domino effect to theses Japanese to teach them. 2. Philippine and Japan relation in terms of work Over the years the Philippines was known by the world as major exporter of skilled workers. They even have this saying that there is no country in the world that does not have Filipinos in it. From that this study aims to focus on the Japanese citizens working in the country. For decades there has been a noticeable relationship between Japan and the Philippines. May it be in terms of trading of goods, and even official development assistance funds also known as the (ODA). The relationship of these two countries not only varies in goods and monetary sector but even in human resources. The Philippines is reputed to be the leading exporter of labor in the world, ranging from the semi-skilled to professional and technical workers (CORTEZ, 2009). This greatly impacted on the yearly remittances that the OFW’s give to the country. At the same time Japanese engineers, managers, experts and other skilled workers have entered the Philippines to accompany, implement and manage the huge direct investments and overseas development assistance programs of Japan (Tereso S. Tullao, Jr. and Michael Angelo A. Cortez, 2004). The Japanese have remained the largest group of foreign workers in the country over the years (OECD 2001). This then greatly impacted the country in terms of tourism. 3. Naturals working overseas Due to the growing economic crisis in the world most people opt to work in other country to look for â€Å"greener pastures†. Approximately eight million Filipinos are overseas, representing almost ten percent of the nation’s population (Commission on Filipinos Overseas, 2004). And one good example to these is the growing migration rate in the Philippines. Where in most Filipinos think that because of the economic crisis in the Philippines and the Low salary that working overseas became a better option. Yes they may have big salaries and they may be able to experience other culture but at the end of the day these OFW’s would have to sacrifice being with their family for money. 4. Language Barriers In order to be able to teach students, communication is important and in communication Language is vital. This is what makes learning easy. Because through language student will be able to understand what the teacher wants to deliver. But in teaching language something these language barriers pose a very big problem. Especially for those language teachers who are native speakers of the language they are teaching and only know a little English. English, with its many varieties, is a language of international and therefore intercultural communication. (Sharifian, 2009). But then we all know that there are still some countries that are not open to accepting English as an international language and Japan is one of them. The people being raised to love their own country in other words in the ways of patriotism it became hard for them to open up an accept changes being brought by the modern world. Definition of terms 1) (AEP) Alien Employment Permit is a document issued by the Department of Labor and Employment which authorizes a foreign national to work in the Philippines. 2) Alien shall refer to the foreign nationals who intend to work in the country. Japanese Workers I. Immigration All foreign nationals can freely enter the Philippines with only a passport and other travel documents for business, leisure, and social visits. The Philippine Immigration Act of 1940 states Foreigners or â€Å"non-quota immigrants† may be admitted without considering such numerical limitations (CASTRO, August). The country has not been strict on allowing foreigners to enter, In fact Nationals from some countries are allowed to enter the Philippines without visas for a stay not exceeding twenty-one (21) days, provided they hold valid tickets for their return journey to port of origin or next port of destination (Bureau of Immigration 2007-2008), Japan being one of these countries are allowed to enter the country without visa. They must present for admission into the Philippines unexpired passports or official documents in the nature of passports issued by the governments of the countries to which they owe allegiance or other travel documents showing their origin and identity. II. Department Of Labor and Employment (DOLE) But when it comes to employment the Philippines is very strict at letting foreigners to work in the country. These aliens need to secure certain visas and permits before they can actually work here. Some of these are the a)Alien Employment Permit (AEP), b)Special Work permit, and the c)9g Prearranged Employment Visa. a) Alien Employment Permit (AEP) is a document issued by the Department of Labor and Employment which authorizes a foreign national to work in the Philippines. This permit must be petitioned by a company to allow a foreigner to work locally and is the requirement for a 9g visa as well as several other visas. The employment permit may be issued to a non-resident alien or to the applicant employer after a determination of the non-availability of a person in the Philippines who is competent, able and willing at the time of application to perform the services for which the alien is desired (Labor Code of the Philippines PD 442, Article 40). Article 41 of the Labor Code provides: â€Å"After the issuance of employment permit, the alien shall not transfer to another job or change his employer without prior approval of Secretary of Labor and Employment.† In addition the alien who is found to be working without an AEP or an expired AEP shall pay a fine of Ten Thousand Pesos (P10,000) for every year to the Regional Director (DOLE Department Order No. 75-06 (Series of 2006)) and shall be subject to deportation after service of his sentence (Ferrolino, 2009). b) Special Work Permit is given by employers to foreigners that will only work for a brief time in the Philippines usually less than 6 months that can be extended for another 6 months and they are not required to apply for a (AEP) from DOLE ( Triple i Consulting Inc., 2005). c) 9g Prearranged Employment Visa is given to any foreign national who will be employed in the Philippines and occupying a technical, executive, managerial or a highly confidential position in a company for at least one year, can apply for an employment visa under Sec. 9(g) of the Philippine Immigration Act. III. Issues/Problems 1) What are the necessary visa and permits these Japanese nationals must secure in order to be able to work in the country? As to the rules of immigration and DOLE these Japanese nationals knowing that they are considered as aliens must be able secure an AEP before they can work. But according to one of my respondents who is ms. Ariza Okumura, that she only secured a working visa which is valid for only two years, before she got to work in our school. 2) Are they given enough compensation and benefits in their jobs? When it comes to compensations and benefits we all know that Philippines really give a very low compensation rate in terms of salary. According to the National Wages and Productivity Commission minimum wage in the National Capital Region ranges from P456.00 to P419.00 depending on the type of job, while in Davao city it ranges from P301.00 to P270.00. Clearly this kind of wages will not be enough to support a family that is why these families that are working here in Davao always keep a tight budget on their money. According to Miss Ariza Okumura, a Japanese Language teacher in Mindanao Kokusai Daigaku â€Å"if I live for a long time for example ten (10) years or more? The salary is okay. But if if have plan of one year or three years? The salary is low.† Mr. Tanino also a Japanese Language Teacher in MKD said â€Å"the salary is low†. True enough even these aliens or Japanese nationals to be exact who is working here in the Philippines have also experienced the very low salary here. In another interview I conducted this time it is from Takako Okamoto, also a Japanese language teacher in MKD she said â€Å"I think it is enough, for Japanese nationals’ teacher†. From this we can see the different points of view of these Japanese in terms of the compensation given to them. But one thing is for sure, they do not want the money, it’s their love of teaching and imparting what they know to those who are willing to learn. 3) Why of all other country would they choose Philippines? Some would say that Philippines is a good place to relax because of its serene beauty and it is also close to nature because it is rich in natural resources. The country being an archipelago means it is close to beaches which attracts tourist from all over the world to come here. A few would even say they want to go to the Philippines because of Filipinos have been known to the world as hospitable kind of people. But when it comes to employment there have been also very many speculations upon the capacity of the country to cater workers because of the ongoing crisis in its economy and a whole lot more. But even so after all these negative comments and speculations some still chose to work here. One good example is Ariza Okumura, MKD teacher she said during our interview that it was here choice to work here and when I asked her why this is what she told me â€Å"before when I was student we had a school trip and I came here in Davao. Also I really want to teach Japanese in foreign country†. Almost all of the Japanese language teachers I have interviewed said the same thing. That it was in their own will to go to the Philippines. In a follow up question I had which was â€Å"did you originally come here as a teacher?† I was amazed at their answers. Takako Okamoto, a MKD teacher said â€Å"I chose Philippines as a place for volunteer work.† Tanino, who is also a MKD teacher, said he first came to the Philippines to work for a company named sharp. From their answers it was clear that teaching was not their real objective in coming here, but the longer they stayed the more they fell in love with the country and its people. â€Å"During the time I met many Filipino Filipina and then they took care of me well and then I don’t like to forget everything they did for me. After one year four months I came back to Japan and decided to help the Filipino resident in the Philippines as Japanese Language teacher.† Said Okamoto sensei. 4) What are the different experiences they have here? We can finish up all day if we talk about experiences, but these are one of the parts of the lives of the people which make us actually say that we are alive. Through these experiences we learn and from these learning we can adjust in order to make things better. When it was time to ask them this question I observed that they had a very hard time in picking which experience they wanted to share. One of them said that being with students everyday are counted as one of their memorable experience, one also said that seeing the students learning is their most unforgettable experience. But there is one story that actually touched my heart. It was from Takako Okamoto she told me â€Å"actually he’s a last year graduator. He hated any kind of teacher, he hated study Japanese especially. He was lazy to attend all the class he was lazy to pass shukudai (assignments), and then sometimes he was against to the teachers. But I have been continuing to approach to him. Siguro very Samok sa kanya *how about your shukudai ? *how many times absent you might be dropped! Like that. Whenever I see him I say something. Finally he changed, he changed totally. He had a focus on study in nihongo but it was already 4th year. But I found his changes. Before RP Japan I was telling him, I know you are good at nihongo. You try to attend speech contest in RP Japan. In his speech he was saying to me thank you, like saying because of me he was changed. But for one week he got dengue and was absent. Nobody expected he could attend the speech. But he came, and said *Sensei I’m Here.† It may not mean as much to you but as I saw her as she was telling me this story you would see the happiness in her eyes. The kind of happiness that meant showed how their job as a teacher can be very rewarding, that even the small thing could make a big difference. Conclusion I admit I started late in doing this paper. But in those limited amount of time left, I was still able to learn new things through this. First is the importance of time. Know this is not port of my paper but I was able to learn and appreciate time, and how to use it wisely and productively. Second is the importance of work, as to why people look for jobs. Another is I learned to appreciate the teachers more. This happened during the times I was able to interview a few of them. At first I was hesitant in conducting interviews because I was afraid of the teachers, but then I said to myself â€Å"what’s there to lose?† So when I started the interviews I realized that I should not be afraid of these teachers because their only goal it to teach is to become a better person. That they are doing what they do not to make us suffer but to make us learn, I was able to see that â€Å"the students are the only ones who are making themselves suffer†. I also came to a conclusion that in all we do there’s a good and bad side to it. Isaac Newton’s third law of motion said that â€Å"For every action, there is an equal and opposite reaction†. In life that is also proven true, with everything we do, even in may it be as a person, as an employee, etc. there will always be an advantage and a disadvantage. Yes Japanese language is very interesting but at the same time it is also very complicated and hard to learn. Even the Japanese Language teachers themselves said that its hard and it really takes time. That even they as a teacher they also have to adjust to their approach to the students. Which brings us to the conclusion that teaching as a language teacher is not just a profession but also a lifestyle, where in it has its up and downs, the good and the bad, and its own advantages and disadvantages. Bibliography Triple i Consulting Inc. (2005). Retrieved february 21, 2013, from http://www.tripleiconsulting.com: http://www.tripleiconsulting.com/Amain/philippines-business-guides-tips-and-news-blog/181-work-visas-in-the-philippines anjaligill. (2011, august 19). What Teaching Means to Me and Why it is Important†¦. Retrieved january 20, 2012, from www.teachforus.org: http://anjaligill.teachforus.org/2011/08/29/what-teaching-means-to-me-and-why-it-is-important/ CASTRO, J. M. (August, 11 2009). Philippines Visas, Permits and Immigration. Retrieved february 6, 2013, from http://www.expatforum.com: http://www.expatforum.com/articles/visas-permits-and-immigration/philippines-visas-permits-and-immigration.html CORTEZ, M. A. (2009). Japan-Philippines Free Trade Agreement: Oppotunities for the movement of workers. RITSUMEIKAN INTERNATIONAL AFFAIRS , 126. Ferrolino, T. (2009). Employment of Foreigner

Current Purchasing Power Accounting Accounting Essay

Current Purchasing Power Accounting Accounting Essay Accounting theory is a set of basic assumptions, definitions, principles, and concepts surrounding the accounting rule. It includes the reporting of accounting and financial information to relevant or interested parties. There are several approaches that are used in the development of accounting theory. The two main ones are normative theory approach and the positive theory approach. Normative theory approach is a theory that is not based on observation. It is based on how things in the accounting process should be done. This approach comprises of different approaches to have a single but effective accounting approach (Khandelwal, Jain, 2008). This kind of approach uses a formula to come up with an income based on value, not costs. On the other hand, positive or descriptive theoretical approach to accounting theory is a set of theories that is concerned with what accountants actually do (Rosenfield, 2006). These theories rely on a process of inductive thinking, which involves making observations and drawing inferences from them. The main purpose of making observations is to identify certain similarities, identify the number of instances that the similarities are actually observed to deduce a certain degree of assurance necessary to set up a theory about all the similar instances (Ackert, Deaves, 2009). Each of these accounting theoretical approaches are applicable in any business today. However, it would be difficult to apply them together at the same time, since each of them has different objectives (Ackert, Deaves, 2009). It is therefore up to an accountant to decide what approach is most accurate or best suited for what situation. This calls for the right judgment of accountants to be able to make the right decision in every situation or challenge that a business entity is faced with. Normative Theory Approach There are several approaches covered in this approach. Each of these theories is best suited for a different situation (Belkaoui, 2004). Below are these different theories and various situations where each theory is best to be applied. Historical Cost Accounting This theory is applied in times when the costs or prices for things are on the rise (Murphy, 2008). The Historical cost accounting theory is based on the assumption that money holds a constant purchasing power. The main challenge with this theory is that it assumes that the monetary unit is fixed and constant over time. This theory is however based on three components. One is that there are specific levels in price levels, which may be characterized by technological factors and changes of consumer demands. Another component is that there is usually a general change in price levels, which is what is known as inflation (Murphy, 2008). The third component is fluctuation in the exchange rates for different currencies. Due to these three components, the book value of a business should show the current value of assets when preparing financial reports (Murphy, 2008). As stated earlier, historical cost accounting is used when a company is experiencing rising prices. Prices are expected to raise every now and then, and this may render the approach useless in most of these situations. Companies that make use of this approach are safe from overstating profits especially in times when prices are on the rise (Whittington, 2007). Distribution of profits in such situations can affect the purchasing power of a company. This kind of approach may not be viable to use since it affects the operating results of the current year as it includes gains asserted in previous periods of the companyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s existence. More to that, capital maintenance depends on maintaining an intact financial capital and purchasing power (Murphy, 2008). Using actual current values as they are presently in the market may give a certain measure of profits which should be well distributed to maintain a physical operating capital. Current Purchasing Power Accounting This theoretical approach is best suited in situations where accountants need to maintain capital and the purchasing power of a company. The Current purchasing power accounting theory was developed on the basis that if a company distributes its profits as is required by historical accounting, then the real value of a company has to be reduced (Murphy, 2008). This means that the company would have to distribute a certain amount of its capital. This approach applies indices and is hence easy and cheaper to apply when in such a situation (Rosenfield, 2006). This is because any adjustment that needs to be done is done at the end of a period, and on records made from historical cost accounting. Under this approach, non-monetary assets are termed as assets that monetary value may change overtime due to inflation. Such assets include the machinery in a factory. On the other hand, net-monetary assets are defined as monetary assets minus the monetary liabilities. With this theoretical approach, changes in the purchasing power of a company are not attributed to the non-monetary assets. The loss of purchasing power comes about as a result of holding net-monetary assets (Murphy, 2008). In general circumstances of price level accounting, non-monetary assets are listed to the current purchasing power and as thus, no profits or losses are recognized. This theoretical approach is not reliable when making decisions for the company. Current Cost Accounting This approach is best suited when trying to maintain the purchasing power of a company during times if inflation, or fluctuation of exchange rates of currencies, because it is based on actual valuations. This theoretical approach cuts a clear line between profits that are made after sales, and the gains that come with holding an asset, be it a net-monetary asset or a non-monetary asset (Murphy, 2008). Scholars have argued that a physical or real approach to maintaining capital yields the best results in any business entity, especially in terms of income. This approach values as asset on the basis of replacement costs (Murphy, 2008). Operating income of the asset is valued as realized revenue, minus the replacement costs of that particular asset. This approach of calculating replacement costs is best for calculating operating profit. This makes it possible to maintain the operation capacity of the business at a constant level. The current cost operating profits before absorbing gains and losses, and the realized gains of holding an asset are both counted as revenues, and thus the sum of the two equates to historical cost profit (Rosenfield, 2006). Gains of holding an asset are different from gains after making sales (Porwal, 2001). This is because are the two are dependent on differing factors in the market, most of which are beyond the control of the management in a business. There is an uncertainty surrounding the prevalence of replacement costs though. Current cost accounting is founded on two business concepts; current operating profit and realizable cost savings. Current operating profit is defined as the excess of the present value of the output sold, over the cost of related inputs. Realizable cost savings, also termed as the holding gains or losses, are the increase of the present cost of assets that the company is holding in a given period. Holding gains or losses of an asset can be realized or unrealized. For example, the holding gain of an excess in revaluation in unrealized, but is still considered as part of the business profit in the income statement (Whittington, 2007). In the event that there are two companies that were started at different times, the company that was started earlier will have a larger operating profit. This is because it has less depreciation costs. Any one would think that this company has a more efficient system of running its operations in the current years than other companies that were started later. The actual case is that the management made a wise decision when starting the company. The fact that they bought their assets back in time is a contributing factor. This is a good illustration of the concept of realizable cost savings. Exit Price Accounting This approach argues that assets should be valued as per their exit or market prices, non-marketable reproducible assets at replacement costs, and seasonal no marketable, non-reproducible assets be valued at the original cost (Rosenfield, 2006). The theory also argues that financial statements should be structured in a way to show how much a company is able to adapt to different situations and environments, and that income should be inclusive of all profits and losses, those that have been realized and those that have not been unrealized. This approach is suitable especially when the management has to make decisions about the future of a company. The fact that it gives a straight on focus on the adaptability of a company, makes it stand out of other theories (Whittington, 2007). The adaptability of a business entity is based on how liquid or sellable its assets are. This kind of approach would come in handy at a time when a company is considering to sell some of its assets to counteract inflations in the market. Positive Theories Approach As defined earlier, positive theories are used to explain and predict a phenomenon after making observations (Deegan, Samkin, 2011). Positive theories are based on the assumption that if one makes a series of observations on a behavior, they are able to develop a certain patter which they use to make conclusions and predictions. Examples of positive theories include the stakeholder theory and the legitimacy theory (Deegan, Samkin, 2011). PAT is mainly involved with relationships between people or entities that provide resources to a business organization (Deegan, Samkin, 2011). For instance, the relationship between the management of an organization and its owners. The main elements of most of the relationships according to this theory involve the delegation of decision making from one party (possibly the owners or management who act as the principle) and the agent (second party). If the principle makes wrong decisions, then the two parties are likely to suffer losses, and increased costs due to inefficiency. Such expenses are known as agency costs. The Positive Accounting theory seeks to find a way to reduce agency costs by use of contractual arrangements. It is thus based on the assumption that stakeholders will act in favor of their own interests, and will therefore grab any opportunity available to increase their wealth (Deegan, Samkin, 2011). With this assumption, morality and loyalty are definitely not characteristics of this theory (Ketz, 2006). The positive accounting theory states an organization is usually a collection of people who have individual self-interests, but are willing to cooperate to achieve collective goals, while at the same time, working on their personal goals (Alexander, Brittan, Joseen, 2007). One prediction of the PAT is that organizations will execute measures that align the interests of the whole organization to self-interests. Most of these measures are based on the output of the accounting system, where the stakeholders get to share the excesses of the organization. Such mechanisms need to be backed up by financial statements. According to PAT, managers should commit themselves to preparing the financial statements (Freedman, Jaggi, 2010). This is an expensive activity and the costs incurred are known as bonding costs. Bonding costs can therefore be defines as costs incurred to relevant authorities or agents when establishing means to communicate to the principals, so that they may act in a way that will not affect goals of the organization or the individuals involved. Being part of the stakeholders, the management officials too, have their own self-interests. Based on this assumption, PAT states that the financial statements that are prepared by the management should be audited (Alexander, Brittan, Joseen, 2007). This would help avoid possibilities of the agents to act or manipulate figures in the financial statements to suit their interests. On this note, PAT assumes that not all opportunistic actions can be controlled by contractual arrangements such as the auditing exercise, therefore, there will always be residual costs. Costs incurred during the auditing exercise are known as monitoring costs. Decisions or investigations that are based on the Positive accounting theory adopt an efficiency perspective or an opportunistic perspective. The efficiency perspective seeks to find mechanisms that can be executed so as to reduce agency costs (Freedman, Jaggi, 2010). A good example of this is that when companies produce financial statements that have been audited, they reduce real costs since there are no hidden figures that are not well accounted for. The audited financial statement therefore serves as an efficient perspective, and thus the organization can be termed as efficient (Deegan, Samkin, 2011). Still from the efficiency perspective, accounting practices of an organization should reflect the underlying financial performance of the organization. Organizations adopt different accounting methods, which can be explained by various organizational characteristics. A good example of this is goodwill. If a company is able to provide reliable information about its performance, potential investors will not need to go out looking for more information from other sources. This saves time and reduces costs (Schroeder, Clark, Cathey, 2011). A company will pick an accounting method that will best show its underlying performance. This means that placing certain limitations or regulations on how companies prepare their financial statements can lead to a company incurring more costs than necessary, and probably not achieve their goal. Based on this, this theory recommends that companies should be allowed to prepare their financial statements in a way that best suits their operations, and that will show their underlying performances well (Deegan, Samkin, 2011). As for the opportunistic perspective, PAT seeks to explain and predict opportunistic behavior likely to happen after getting into a contractual agreement. For example, when trying to minimize agency costs, the management of a given organization can negotiate a contractual arrangement to increase their bonuses on profits made. This would align the interests of the managers with those of the owners of the business entity. With the agreement in place, the management can then find other mechanisms to ensure that more profits are generated (Freedman, Jaggi, 2010). The more profits are made, the better the bonus that both the management and the owners will enjoy. These mechanisms that the management adopts may not be reflected on the set up of the organization or its assets. The opportunistic perspective assumes that owners of an organization predict that managers will at some point act opportunistic (Deegan, Samkin, 2011). The principles are therefore likely to set what accounting methods should be used. For instance, a bonus plan agreement may have a stipulation that a depreciation method be used to calculate income inform of bonuses. The management may find it a bit costly to stick to the stipulated plan, and may seek an alternative method. Following such a possibility, PAT states that agents will always have an upper hand in deciding what accounting method to use. Conclusion The above theories are applicable in different situations. According to the analysis put above, the two theories address different issues, and thus, it would yield contradicting results to combine them. For instance, normative theories are best applied when a company is faced with various externalities like fluctuations of currencies and inflation of prices. These affect the purchasing power of a company and thus, the theories come in handy to help the management to make decisions on how to survive such challenges. As for the positive theories to accounting theory, these come in handy when dealing with issues that affect the relationship between the major stakeholders of any business; the owners and the management. The two parties may have contradicting interests, and the positive theories come in handy best in such situations.

Immigration Reform Essay example -- Immigration US Policy

â€Å"We are nation of immigrants. Some came here willingly, some unwillingly. Nonetheless, we are immigrants, or the descendants of immigrants, one, and all. Even the natives came from somewhere else, originally. All of the people who come to this country come for freedom, or for some product of that extraordinary, illusory condition. That is what we offer here—freedom and opportunity in a land of relative plenty.† (Middletown Journal 2005) We have created the land of free. Nonetheless, there have been a number of Immigration Acts in the United States. The first one was the Naturalization act of 1790. Then the immigration act of 1965 passed, and immigration restrictions applied to Mexican Immigrants for the first time. Nearly 30 years later in 1986, the immigration Reform and Control Act was, created which granted amnesty to immigrants that had lived in the United States before 1982. Nevertheless, this later act made it a crime for employers to hire undocumented immigrant workers. In order to create a successful Immigration Reform Policy, the government has to consider several socioeconomic areas including border control, worker programs, education, and the economy. â€Å"All the elements of this problem must be addressed together† (Bush 2006) Who is controlling our borders? We must secure our borders to prevent illegal crossing. The United States recognizes illegal immigration, has been an issue for decades. Creating a successful Immigration reform policy will decrease illegal crossings. In addition, implementing more experienced Border control officers; will decrease the use of military personnel. In addition, allowing military personnel to secure our Nation not just the Mexican borders. The new policy will a... ...itehouse.gov/news/releases/2006/07/20060705-6.html Bush, President George (2006/06/15). President Bush Addresses the Nation on Immigration Reform Retrieved July 36, 2006, from Web site: http://www.whitehouse.gov/news/releases/2006/07/20060515-6.html Bush, President George (2006/05/15). Fact Sheet: Overview Comprehensive Immigration Reform. Retrieved July 31, 2006, from Web site: http://www.whitehouse.gov/news/releases/2006/05/20060515-7.html Civil Rights Org. (20060529) Senate Approves Sweeping But Flawed Immigration Reform Bill Retrieved July 31, 2006, from Web site: http://www.civilrights.org/issues/immigration/details.cfm?id=43795 Gale, Thomas. (June 8, 2006) Senate passes immigration reform bill with vouchers for ESL, civics classes In Report on Literacy Programs, 18, p75. Retrieved August 20, 2006, from InfoTrac OneFile via Thomson Gale:

Major Themes in Faulkners Light in August :: Light August Essays

Major Themes in Faulkner's Light in August  Ã‚      Faulkner's Light in August is a metaphor. In fact it is many metaphors, almost infinitely many. It is a jumble of allusions, themes, portraits, all of them uniquely important, many of them totally unrelated. In fact no 20th century writer has even approached the sheer quantity of symbolism Faulkner packed into every page, with, perhaps, the exception of James Joyce who went so far as to surpass Faulkner in this regard. So obviously it would be foolish to attempt to trace every line, follow every branch to its root, one could spend a lifetime dissecting the book in this manner. Fortunately, in the midst of this menagerie of wonders, there are dominate themes. There are veins of meaning that permeate throughout. Chief among them; Faulkner's study of 20th century man's search for identity, and his compassionate portrait of the origins of evil.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   I have come from Alabama a fur piece (Faulkner, p.3). The reader begins the book in this manner, following the simple-minded and determined Lena as she travels, neither coming nor going, simply moving. Immediately the book draws into her past, relating events leading up to this point, explaining her motives. One gets a definite feel for her character, and settles into her narrative, but as soon as this happens, the book switches gears, turning instead to a vague character, Joe Christmas. With little introduction, or warning, the book reels into Joe's past, catching the reader totally unaware and throwing off the entire continuity of the book. Faulkner's desire for unity and coherence in the pattern is not as strong as is his desire for truth to individual response (Reed, p.123). Thus Lena is a frame, she serves only to accentuate Christmas's story, by contrast. Faulkner demands the reader follow, and realize this.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   So we now see Christmas's childhood. From the beginning, Christmas is two things. One, he is a totally clean slate in that he has no idea whatsoever of his past, his origins. He is neither predestined to good nor evil, simply born. By this same token, Christmas is left confused. Because he has no idea of his origins, he has no idea of self, even to the extent of not being sure of his

Friar Lawrence is to Blame for the Deaths of Romeo and Juliet in Shakespeares Work :: Free Romeo and Juliet Essays

"Romeo and Juliet," a famous love story about two star-crossed lovers who take their lives in order to be together. Their deaths are at the fault of one Friar Lawrence who, being an adult, a man of God and a trusted person in the community, betrayed that trust and attempted to cover up his wrong doings with a plan that ended in tragedy. The Friar was supposed to be a responsible adult and a man of God. This means that people would have come to him to confess their sins. Romeo and Juliet were young and naive and Friar Lawrence understood that very well. He also understood their personalities and circumstances, but still chose to marry them in hope that it would end the feud between the two families. As an adult he was also supposed to be a lot smarter ands wiser. Neither of those qualities were shown in any of his decision making. The lines ?For this alliance may so happy prove to turn your households? rancour to pure love,? (said by the Friar) is proof that he truly married them to end the feud. The position of trust that the families had given Friar Lawrence, he misused. This indicates that he didn?t really value that position of trust very much, because he proceeded in the marriage of Romeo and Juliet. When Friar Lawrence says ?In one respect I?ll thy assistant me for this alliance may so happy prove,? is the exact moment when the trust is broken because he has agreed to t marry the young lovers who were obviously too blinded by love to see the reality side of things. The Friar knew this, and he knew what was right, the fact that Romeo was incredibly impulsive and in love with being in love, and Juliet was naive enough to fall for him, but aside from that he gave in and made the wrong decision. The attempt that Friar Lawrence had made to fix up his wrong doings was a mistake and took a huge role in leading up to the two deaths. He had a second chance to come clean and tell the families the truth, but he chose to ignore that opportunity and came up with a plan that resulted in the deaths of Romeo and Juliet. After Romeo had been banished, the plan that the Friar conjured up was for Juliet to take a potion which would make her appear dead.

Obesity Essay

Obesity is an eating disorder and a condition where your Body Mass Index (BMI) is 30 or greater. It is genetic or it depends on your eating habits. This can affect your mental, psychological and physical health leaving you with inabilities to cope up with your daily life. The causes that affect people include lack of breath, having difficulties to sleep, increased sweating, snoring, inability to cope with sudden physical activity, feeling very tired and fatigued every day, and finally back pains.Some symptoms include high blood pressure, high cholesterol problems, heart diseases which lead to heart attacks and fatal strokes which can make you disabled are mainly caused by your inability to exercise . People may have lack of breath because when they breathe, they might not get back enough oxygen for it to go all parts of the body. They might have difficulty to sleep due to lack of breath, snore loudly since they get very tired easily. They get fatigued really easily because they donâ €™t have a lot of energy. They have back pains because they might need to walk a lot.They might have long term problems like high blood pressure, cholesterol, heart attacks and fatal strokes because of their eating habits and their inability to exercise. Obesity can be overcome through a technology called adjustable stomach band which is the safe process replacing stomach stapling as it is very unsafe. Gastric Banding is when they attach a band to your lower part of the torso and they tighten. This works because it triggers your senses not to eat food which makes you thinner and light. After the procedure, which tkes an hor to complete, the doctor can adjust the band so it keeps the size of your new smaller body.Gastric Balloon is a non-surgical way of overcoming obesity. The put a tiny balloon in your mouth and they make you drink a special liquid called â€Å"sterile saline fluid† to expand it. When the balloon is full it will float freely in your body. It takes about s ix months to complete as it is not as effective as gastric banding. This can also cause many health threat as mentioned above. Another process that can help overcome obesity is gastric stapling surgery. It works by them stapling 2 special staples which creates a small pouch where they put a gastric band according to the size you want your new body to be.This solves the problem because it help you to resist eating fat foods and tells your body to work out more. After the procedure, they remove the staples but the band still stays for two more weeks to ensure your body size remains the same. It is very unsafe as it has caused many fatalities as they staples came out and they stomach burst. This is also referred to as gastric stomach stapling. I chose gastric sleeve as it is safe compared to other processes used to lose weight and get rid of your weight pretty slowly compared to other procedures like gastric banding and stapling.It helps you lose the weight faster but is more expensive . It is less complicated rather than stapling your stomach through staples and ensure you out the staples in the correct position and place the band in the correct part and they make it the correct length depending on your weight and BMI. The Gastric Sleeve is used for people who have a BMI of more than 38. It is used to loose weight extra fast as it keeps only 25% of your original body size. The Neel Bagai 8. 4 (T3) procedure takes about a year and a half to complete. It solves the problem by losing 3/4 of your weight.Positive Impacts of Gastric Sleeve: It is safe to do as it is less complicated as they don’t have to cut anything or place anything You don’t need any special devices like a gastric band while the surgery is going on. Negative Effects of the Gastric Sleeve: This has many side effects like you start vomiting, diarrhea and dumping syndrome by becoming moody and your attitude starts to change. Effects: This affects the economy because it costs about US $10, 000 for the surgery but of you need to do gastric banding surgery afterwards, you need to pay an extra $7,000.You even need to take both medical and life insurance, which is optional. Doctors recommend it as it can have medical effects on you. This affects the world socially as you might have to take some time off work to see doctors biweekly for them to see if any problems have occurred with the gastric sleeve. He will even question you about you going through any side effects. After every two months, with the results, he will decide if the gastric sleeve will need to be removed from your torso.