Accounting Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Accounting - Research Paper Example l not only affect the reporting style and responsibility of the public companies but will also affect the private companies of the United States since both the public and private companies relied upon the GAAP for the preparation of their financial statements. It is a notable fact that even today some of the US private companies apply the IFRS to meet their reporting requirements, particularly the companies that have foreign related parties or investors that use the IFRS. There has been a debate over the past few years that the extensive reporting requirements of US GAAP have increased the cost of reporting for both the public and private companies although some of the more composite requirements may not even apply on the private companies. The AICPA (American Institute of Chartered Public Accountants) has carried out certain studies to observe the relevance and fulfillment of requirements of the users of the financial statements of private companies as to whether the US GAAP compliance is beneficial to the users. The study has resulted in the fact that some of the more extensive and complex requirement of the US GAAP have more cost than benefit to the users. This may be because the users of financial statements of public company and the private company have different objectives as the public company financial statement users are mainly investors while the private company users are more concerned with management and short-term affairs of the company. This debate has also given rise to a further debate hat whether a standalone reporting standards be prepared to meet the requirements of the private companies as some countries have already put forward this point. In this regard, the IASB has already begun working on reporting standards for Medium and Small Enterprises which are known as the IFRS for Private Entities. These IFRS for private entities only cover those entities that are exempt from public accountability which has made it relevant for any entity that

Terrorism Essay Example | Topics and Well Written Essays - 1500 words

Terrorism - Essay Example Others linked it with civil disobedience while others label it as acts of violence. However, experts claimed that these three are very different terms from each other but in as much as one wished to gain adequate understanding of the word â€Å"terrorism†, it is crucial also to obtain insight about the other two terms often connected with it. Civil disobedience is deemed acceptable by many deliberative democrats as long as it remains relevantly tied to the objective of communicative action (Allen 15). However, Allen also emphasized that certain kinds of terrorism cannot be ruled out either (15). On the other hand, an individual must acknowledge that the deliberative democrat will not really be able to justify taking life as a maneuver for the reason that dead people cannot deliberate (Allen 15). Allen highlighted that this does not rule out terrorism per se, the object of which is not death so much as to bringing about fear, anxiety and trauma (Allen 15). Moreover, while a per sistent circumstance of fear would set the boundaries on forethought, restricted and transitory physical harm to individuals need not (Allen 15). For this instance, it entails that deliberative democrats must elucidate why purposely causing some physical harm to property or person is constantly an illicit and unlawful means of communication and demonstration (Allen 15). This paper endeavors to explore the concepts associated with terrorism and to tackle the impacts brought about by such circumstance. Definition, Association and the Concepts surrounding Terrorism Terrorism had always been synonymous to threat, intimidation, trauma and destruction. Individuals express anxiety whenever such term is brought up. Defining exactly what terrorism is proves to be a rather daunting task. One must also learn and understand to grasp the essence of the other terms connected with it to be able to fully obtain a clear insight about what this is as guided by certain propositions of expert and the l aw. Civil Disobedience is one of the terms confused with terrorism for the reason that some governments might label such acts as form of terrorism even though for the ones doing it, their main objective was only to find a means for their voices to be heard and for their standpoints to be given attention. Civil Disobedience is a tactic that is hard to reconcile neatly with persuasion and communication as stressed by Allen (15). Indeed, many deliberative democrats are willing to concede that civil disobedience contains some irreducible elements of threat and intimidation (Allen 15-16). Nevertheless, the deliberative democrats still supposed that it can still be accommodated within the conceptual orbit of deliberative democracy, and the priority that it gives to legitimate actions through public communication (Allen 16).

Natural Cocaine Production in Plants Essay Example | Topics and Well Written Essays - 750 words - 1

Natural Cocaine Production in Plants - Essay Example The coca plant has similar biochemical properties as those that produce alkaloids. The coca plant belongs to a group of plants with natural alkaloids, or nitrogen-containing compounds that produce diverse effects on the physiology of humans. The alkaloid compounds in these plants are proven to have strong pharmacological effects on people and are known to contain nicotine, caffeine, quinine, morphine, atropine, strychnine, and the illegal stimulant compound cocaine. The plants that contain alkaloids include the Solanaceae or potato family, the Brassicaceae or mustard family, and the Erythroxylaceae or coca family, to which the coca plant belongs. The close relatedness of these plants is not only justified by the fact that they all contain alkaloid compounds but also by the fact that they had a common ancestor around 120 million years ago and that the alkaloid compounds that they contain obey similar biochemical pathways. The significance of this fact is that if one were to uncover th e details of the natural synthesis of cocaine, then it is possible to study it from the point of view of the other plants to which the coca plant is related (How Plants Make Cocaine, 2012). In the experiment conducted by researchers of the Max Planck Institute, in order to understand better how protein is naturally made by the coca plant, the synthesis of alkaloids in a particular species of the Solanaceae family was compared with the biochemical synthesis of cocaine in the coca plant (Secrets of Natural Cocaine Production Revealed, 2012).

Communication and Leadership in the Workplace Research Paper

Communication and Leadership in the Workplace - Research Paper Example The communication process involves interchanging messages between the source and the receiver. The source is the person that sends the information, while the receiver is the person that listens to other person talking. Maintaining good communication between the employees of a company is important because doing so can help a firm improve its productivity. Managers that maintain good communication are able to gain the trust of the employees. For communication to be effective in the workplace it must follow the proper communication channels. The communication channels are the pathways used to transmit information. Some examples of communication channels are emails, telephone, cellular phones, written letters, memos, and face to face meetings. A good mechanism that often enhances the communication process is feedback. Feedback is a reaction or response to something another person has done or said (Dictionary, 2012). A popular method of feedback that is often used in the corporate world i s 360-degree feedback. This method forces different people including peers and supervisors to evaluate the performance of an employee. Communication can be either verbal or non-verbal. Talking to another person is a form of verbal communication. Three examples of non-verbal communication are body gestures, facial expressions, and eye contact. Communication must be effective to ensure that everyone understands the message. Speaking in a concise matter helps improve the communication process. A skill that enhances communication is active listening. Five key elements of active listening are: Pay attention Show that you are listening Provide feedback Defer judgment Respond appropriately (Mindtools, 2012). Improving the communication between co-workers can help reduce misunderstandings. Good communication can also help prevent conflicts in the workplace. There are forces that inhibit communication such as cultural differences, lack of feedback, and noise. Ethnocentrism occurs when one cu lture believe their values are superior to another culture. A lack of feedback is counterproductive because the person that does not receive feedback cannot take any corrective action to improve his behavior. Noise hurts the communication process because it interferes with the ability of people to listen to the message being sent. Companies must learn about new communication technologies. New communication tools such as Skype allow workers to have video chats and conferences. Face to face dialog is one of the most effective communication methods (Stryker & Santoro, 2012). Organizations need leadership in order to guide the efforts of the company. The managers of the company are the employees that are supposed to exert leadership, but leadership can come from any employee in a firm. When leadership comes from an employee that is not in a managerial position that form of leadership is called informal leadership. Some of the top companies that utilize leadership to their advantage are IBM, General Mills, Procter & Gamble, Aditya Birla, and Colgate-Palmolive (Cnn, 2012). A company that has a reputation for having good leaders is better able to attract young talent into the firm. Good leadership in an organization helps a firm increase the motivation of its employees. Employees that are motivated perform better and have greater job satisfaction.  Ã‚  

Accounting Revenue Recognition Research Paper Example | Topics and Well Written Essays - 500 words

Accounting Revenue Recognition - Research Paper Example SolvGen Inc has agreed to three separate deliverables: a) The commercial launch of the first instrument system Version 1- Delivered March 31 b) The commercial launch of an improved instrument system Version 2- Pending development c) The commercial launch of new improved instrument system Version 3-Pending development. The other part of their agreement is the five year distribution and license contract with Careway Inc. Under this agreement Careway will have the right to market and distribute their proprietary instrument systems developed in conjunction with SolvGen. SolvGen is responsible for producing the necessary volume to meet the demand requirements of CareWay after each product launch. The company is responsible to maintain adequate inventory and production quality control to meet client requirements. 2) Based on the generally accepted accounting principles (GAAP) it is common practice to use the revenue recognition principle which states that any current revenue has to be reco gnized in the accounting period on which it is earned. Therefore a company cannot realize as current revenue any payments that are part of a long term contract; these payments should be differed and systematically recognized over the remaining time of the agreement or contract.

Crime and Delinquency in America Term Paper Example | Topics and Well Written Essays - 2000 words

Crime and Delinquency in America - Term Paper Example Background Information on Crime and Delinquency Defining Crime and Delinquency Crime and delinquency are actions undertaken that are against moral, social and legal laws due to the fact that it can bring harm to a person or a group in the society. This is a general definition since, it is a challenge to limit, measure, explain, and define the true nature of crime and delinquency. The complexity of these terms is due to the involvement of the different social institutions such as the family, the school, the media, the work institutions, the law enforcement agencies, and the political institutions (Regoli, Hewitt and DeLisi, 2009). It is important to consider that crime and delinquency are almost similar terms but there is a minor difference between the two terms. Based on the work of Regoli, Hewitt and DeLisi, the main factor that separates the definition of crime with that of delinquency is the age of the offender. Delinquency is a term used for illegal activities of the youth or juv eniles (2009, p. 27). Crime and delinquent actions are considered to be major concerns in the society on the basis of the negative and harmful effects. There are different types of crimes and delinquencies on the basis of the action and the victimization. These include violent crimes, personal theft, and property crimes. Violent crimes include murder and non-negligent manslaughter, forcible rape or sexual assault, robbery, aggravated or simple assault. Property crimes include household burglary, larceny-theft, or motor vehicle theft (Truman and Rand, 2010, p.1; US Census Bureau, 2011). Statistical Information on Crime and Delinquency The prevalence of cases of crime and delinquency in the United States is the main reason for the concern regarding the issue. For that matter, numerous studies related to the causes and patterns of crime are being undertaken to be able to understand the issue well and decrease and eventually stop crimes. Based on the study conducted by the Bureau of Jus tice Statistics of the US Department of Justice, the trend in crime and delinquency in 2009 includes 4.3 million violent crimes, 15.6 million property crimes, and 133,000 personal thefts (Truman and Rand, 2010, p.1). It was observed that there are more black people that fall victims to crimes and delinquent behavior as compared to white people. In terms of gender, there are more male victims of crimes as compared to female but more female cases are reported. There are 53% female cases as compared to 45% males cases reported in 2009. Based on age, younger members of the population are the common victims of crimes specifically age 24 and younger. In 2009, citizens on US age 12 above had been victims of approximately 20 million violent and property crimes (Truman and Rand, 2010, p.1). Trends of crimes in the past few years had been observed to decrease. Thus, continuous efforts are being undertaken to increase the knowledge in the different crimes as well as seek solutions to be able t o resolve issues related to crime and delinquency. Based on the National Crime Victimization Survey, from the year 2000 to 2009, the overall crime rates decreased significantly by 39% (Truman and Rand, 2010, p.1). Notable decline in the crime rate had also been observed in the trends from 1980 to 2008 by the US Census Bureau (2011). Issues Related to Crime and Delinqu

History of Unemployment in America Research Paper

History of Unemployment in America - Research Paper Example It has not always, however, been the wealthy and pretentious country it has been portrayed to be. Throughout its history, unemployment has been a figure of great concern. There have been periods of extremely low unemployment, followed by some alarmingly high periods of unemployment where even the most experienced and educated among us have struggled to find work. To progressively move towards a more free and prosperous country in the future, it is important to understand the historical trends of unemployment in America, the people affected, and the overall impact on American society in general. Historical Unemployment Trends in America Actual unemployment figures in the United States are only available from the 1940s onward, but we do know that American has went through cyclical trends of employment throughout its formation. As recently as 2009, the unemployment rate was over 10% and continuing to rise (Beyers, 2013). While many in the younger generation believe this was as bad as it has ever been, history certainly tells us otherwise. Interestingly enough, in the early days of America, employment was almost guaranteed. Simply considered the vast area of our land and couple that with the reality that the population of the country actually started off quite small, and America had the perfection economic and employment conditions under which to thrive (Closson, 1895). And, thrive the country did during those early years. There was so much to be done after the Revolutionary War that nearly anyone who wanted a job could have one. This was particularly true because of the agrarian nature of the early Republic. There were relatively few factories, so as soon as those were built and opened, much staff was needed. In addition, farming work in the late 1700s and 1800s was incredibly labor intensive, so the job that takes one person today required as many at 50 a few hundred years ago. As such, unemployment was basically unheard of and not even counted for nearly 180 yea rs after America gained its independence (Closson, 1895). As America began to expand, the need for laborers expanded right along with it. Consider the Homestead Act of 1862. This government policy gave every adult American up to 160 acres of public land, with the one provision that they agreed to cultivate and put it to use within five years. This created a renewed vigor and America that was based on expansionary and visionary thinking (Closson, 1895). Because of this, once again, more people were needed to cultivate the land given out nationwide than there was actually available in the workforce. Even Americans who were considered down on their luck during this time period quickly discovered that they had more ‘job’ offers that they could imagine. The mood in the country was quite bright as employment was high, and the possibilities seemed limitless. Again, there was no perceived need to count unemployment due to the fact that everyone who desired a job had one. As the land began to become cultivated, however, and the industrial revolution began to sweep through America, changes were certainly on the horizon. It should be pointed out that farming work, and cultivating land, did not pay much and it became increasingly difficult to sustain a family on somebody else’s land. As such, as soon as factories began to be built in full force in the latter part of the 17th and salty 18th centuries, there was a mass migration