Essay on The De-Institutionalization of Mental Health Care

De-Institutionalization of mental Health care According to NAMI, National Alliance on Mental Illness, 1 in 4 adults and 1 in 10 children, around 60 million people in the US suffer from some sort of mental illness every year. The economic cost for untreated mental illness is over 100 billion dollars a year in the US. World Health Organization has reported that that by 2020 the leading cause of disability in women and children will be depressive disorders. (www.nami.org) The treatment of mental health patients during the 50’s and 60’s can only be termed as cruel and inhumane but looking at the current statistics institutionalization of all these patients is not a viable option either. During research, I have found that although the awareness†¦show more content†¦The use was initially for the under developed countries but with the increasing burden of metal health services in many of the developed nations are also using this system. It provides with protocols for clinical decision making and ordinary people can be trained to provide help in their communities (Patel, 2013). These trained people can work under the supervision of doctors and psychiatrists and a much more integrated system can be developed with such resources. ‘Sangath’ (www.sangath.com) is such a facility which was founded by Dr. Vikram Patel operating in Goa, India. It is funded by the Wellcome trust that finances the brightest ideas in medical humanities. In the US NAMI is a nonprofit organization that has similar goals. They have their chapters in all 50 states plus over a 1000 local affiliates that work to educate, facilitate, research and support people with mental health problems (www.nami.org). These kind of community based programs are the future of mental health care since they are more personal and empathetic. Online communities that provide support for mental health issues can also play a huge role in helping with the out reach. References Patel, V. (2013). Rethinking mental health care:what the developed world can learn from the developing. Retrieved from http://thinkneuroscience.wordpress.com/2013/03/19/rethinking-mental-health-care/ Patel, V., Belkin, G. S., Chockalingam, A., Cooper, J., Saxena, S., Unutzer, J. (2013, MAY,Show MoreRelatedThe Most Serious Forms Of Mental Illness1142 Words   |  5 PagesMental Illness Deinstitutionalization The most serious forms of mental illness are psychotic disorders such as schizophrenia and bipolar (manic-depression), which affect the mind and alter a person’s ability to understand reality, think clearly, respond emotionally, communicate effectively, and behave appropriately. People with psychotic disorders may hear nonexistent voices, hallucinate, and make inappropriate behavioral responses. 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Comparison between Maus Anne Frank Essay - 1048 Words

What if you were a holocaust survivor and asked to describe your catastrophic experience? What part of the event would you begin with, the struggle, the death of innocent Jews, or the cruel witnessed? When survivors are questioned about their experience they shiver from head to toe, recalling what they have been through. Therefore, they use substitutes such as books and diaries to expose these catastrophic events internationally. Books such as Maus, A survivor’s tale by Art Spiegelman, and Anne Frank by Ann Kramer. Spiegelman presents Maus in a comical format; he integrated the significance of Holocaust while maintaining the comic frame structure format, whereas comic books are theoretically supposed to be entertaining. Also, Maus uses a†¦show more content†¦These two following books are very parallel in the manner that they both focus on their personal experiences with the Holocaust. The one major difference was that Maus was a comic book, while Anne Frank was a biog raphy. By splitting the book in sections Kramer is able to show the reader a sense high degree of organization. Maus, is a very unique book, normally if the story is non-fiction meaning real they would use human figures, but in this book they use animal figures in the form of cats and mice. The use of cat and mouse holds a very deep meaning in this book. Jews are portrayed as mice, while Germans as cats. In holocaust Germans collected and transported Jews to Concentration camps where they were forced to perform labour work against their will and given little or no food, some were even executed depending on their accessibility to work. So the use of animal figures, cats and mice to be specific stands valid. Since cats have a natural instinct of chasing and hunting down mice, the same scenario can be applied to this book and holocaust, where the Nazis as cats executed Jews as mice. This is completely different from Anne Frank, the technique used in this book is ordinary. In Anne

Acca F7 Free Essays

Answers Fundamentals Level – Skills Module, Paper F7 (INT) Financial Reporting (International) 1 (a) December 2008 Answers Pedantic Consolidated income statement for the year ended 30 September 2008 $’000 98,000 (72,000) ––––––– 26,000 (3,000) (7,600) (500) ––––––– 14,900 (5,400) ––––––– 9,500 ––––––– Revenue (85,000 + (42,000 x 6/12) – 8,000 intra-group sales) Cost of sales (w (i)) Gross profit Distribution costs (2,000 + (2,000 x 6/12)) Administrative expenses (6,000 + (3,200 x 6/12)) Finance costs (300 + (400 x 6/12)) Profit before tax Income tax expense (4,700 + (1,400 x 6/12)) Profit for the year Attributable to: Equity holders of the parent Non-controlling interest (((3,000 x 6/12) – (800 URP + 200 depreciation)) x 40%) (b) 9,300 200 ––––––– 9,500 ––––––– Consolidated statement of financial position as at 30 September 2008 Assets Non-current assets Property, plant and equipment (40,600 + 12,600 + 2,000 – 200 depreciation adjustment (w (i))) Goodwill (w (ii)) Current assets (w (iii)) Total assets Equity and liabilities Equity attributable to owners of the parent Equity shares of $1 each ((10, 000 + 1,600) w (ii)) Share premium (w (ii)) Retained earnings (w (iv)) 55,000 4,500 ––––––– 59,500 21,400 ––––––– 80,900 ––––––– 11,600 ,000 35,700 ––––––– 55,300 6,100 –––– ––– 61,400 Non-controlling interest (w (v)) Total equity Non-current liabilities 10% loan notes (4,000 + 3,000) 7,000 Current liabilities (8,200 + 4,700 – 400 intra-group balance) 12,500 ––––––– 80,900 ––––––– Total equity and liabilities Workings (figures in brackets in $’000) (i) Cost of sales Pedantic Sophistic (32,000 x 6/12) Intra-group sales URP in inventory Additional depreciation (2,000/5 years x 6/12) $’000 63,000 16,000 (8,000) 800 200 ––––––– 72,000 ––––––– The unrealised profit (URP) in inventory is calculated as ($8 million – $5 ·2 million) x 40/140 = $800,000. 1 (ii) Goodwill in Sophistic Investment at cost Shares (4,000 x 60% x 2/3 x $6) Less – Equity shares of Sophistic (4,000 x 60%) – pre-acquisition reserves (5,000 x 60% see below) – fair value adjustment (2,000 x 60%) $’000 (2,400) (3,000) (1,200) –––––– Parent’s goodwill Non-controlling interest’s goodwill (per question) Total goodwill The pre-acquisition reserves are: At 30 September 2008 Earned in the post acquisition period (3,000 x 6/12) Alternative calculation for goodwill in Sophistic Investment at cost (as above) Fair value of non-controlling interest (see below) Cost of the controlling interest Less fair value of net assets at acquisition (4,000 + 5,000 + 2,000) Total goodwill Fair value of non-controlling interest (at acquisition) Share of fair value of net assets (11,000 x 40%) Attributable goodwill per question $’000 9,600 (6,600) –––––– 3,000 1,500 –––––– 4,500 –––––– 6,500 (1,500) –––––– 5,000 –––––– 9,600 5,900 ––––––– 15,500 (11,000) ––––––– 4,500 ––––––– 4,400 1,500 –––––– 5,900 –––––– The 1 ·6 million shares (4,000 x 60% x 2/3) issued by Pedantic would be recorded as share capital of $1 ·6 million and share premium of $8 million (1,600 x $5). $’000 16,000 6,600 (800) 200 (600) –––––– 21,400 ––––––– (iii) Current assets Pedantic Sophistic URP in inventory Cash in transit Intra-group balance (iv) Retained earnings Pedantic per statement of financial position Sophistic’s post acquisition profit (((3,000 x 6/12) – (800 URP + 200 depreciation)) x 60%) (v) Non-controlling interest (in statement of financial position) Net assets per statement of financial position URP in inventory Net fair value adjustment (2,000 – 200) Share of goodwill (per question) 12 $’000 35,400 300 ––––––– 35,700 ––––––– 10,500 (800) 1,800 ––––––– 11,500 x 40% = 4,600 ––––––– 1,500 ––––â⠂¬â€œÃ¢â‚¬â€œ 6,100 –––––– (a) Candel – Statement of comprehensive income for the year ended 30 September 2008 $’000 297,500 (225,400) ––––––––– 72,100 (14,500) (21,900) (1,400) ––––––––– 34,300 (11,600) ––––––––– 22,700 Revenue (300,000 – 2,500) Cost of sales (w (i)) Gross profit Distribution costs Administrative expenses (22,200 – 400 + 100 see note below) Finance costs (200 + 1,200 (w (ii))) Profit before tax (Income tax expense (11,400 + (6,000 – 5,800 deferred tax)) Profit for the year Other comprehensive income Loss on leasehold property revaluation (w (iii)) (4,500) ––––––––– Total comprehensive income for the year 8,200 –––– ––––– Note: as it is considered that the outcome of the legal action against Candel is unlikely to succeed (only a 20% chance) it is inappropriate to provide for any damages. We will write a custom essay sample on Acca F7 or any similar topic only for you Order Now The potential damages are an example of a contingent liability which should be disclosed (at $2 million) as a note to the financial statements. The unrecoverable legal costs are a liability (the start of the legal action is a past event) and should be provided for in full. (b) Candel – Statement of changes in equity for the year ended 30 September 2008 Balances at 1 October 2007 Dividend Comprehensive income Balances at 30 September 2008 (c) Equity shares $’000 50,000 Revaluation reserve $’000 10,000 ––––––– 50,000 ––––––– (4,500) –––––– 5,500 –––––– Retained earnings $’000 24,500 (6,000) 22,700 ––––––– 41,200 ––––––– Total equity $’000 84,500 (6,000) 18,200 ––––––– 96,700 ––––––– $’000 $’000 Candel – Statement of financial position as at 30 September 2008 Assets Non-current assets (w (iii)) Property, plant and equipment (43,000 + 38,400) Development costs 81,400 14,800 –––––––– 96,200 Current assets Inventory Tra de receivables 20,000 43,100 ––––––– Total assets Equity and liabilities: Equity (from (b)) Equity shares of 25 cents each Revaluation reserve Retained earnings 63,100 –––––––– 159,300 –––––––– 50,000 5,500 41,200 ––––––– Non-current liabilities Deferred tax 8% redeemable preference shares (20,000 + 400 (w (ii))) Current liabilities Trade payables (23,800 – 400 + 100 – re legal action) Bank overdraft Current tax payable Total equity and liabilities 13 6,000 20,400 ––––––– 23,500 1,300 11,400 ––––––– 46,700 –––––––– 96,700 26,400 36,200 –––––––– 159,300 –––––––– Workings (figures in brackets in $’000) (i) Cost of sales: Per trial balan ce Depreciation (w (iii)) – leasehold property – plant and equipment Loss on disposal of plant (4,000 – 2,500) Amortisation of development costs (w (iii)) Research and development expensed (1,400 + 2,400 (w (iii))) (ii) $’000 204,000 2,500 9,600 1,500 4,000 3,800 –––––––– 225,400 –––––––– The finance cost of $1 ·2 million for the preference shares is based on the effective rate of 12% applied to $20 million issue proceeds of the shares for the six months they have been in issue (20m x 12% x 6/12). The dividend paid of $800,000 is based on the nominal rate of 8%. The additional $400,000 (accrual) is added to the carrying amount of the preference shares in the statement of financial position. As these shares are redeemable they are treated as debt and their dividend is treated as a finance cost. (iii) Non-current assets: Leasehold property Valuation at 1 October 2007 Depreciation for year (20 year life) 50,000 (2,500) –––––––– 47,500 (43,000) –––––––– 4,500 –––––––– Carrying amount at date of revaluation Valuation at 30 September 2008 Revaluation deficit Plant and equipment per trial balance (76,600 – 24,600) Disposal (8,000 – 4,000) Depreciation for year (20%) Carrying amount at 30 September 2008 Capitalised/deferred development costs Carrying amount at 1 October 2007 (20,000 – 6,000) Amortised for year (20,000 x 20%) Capitalised during year (800 x 6 months) Carrying amount at 30 September 2008 $’000 52,000 (4,000) –––––––– 48,000 (9,600) –––––––– 38,400 –––––––– 14,000 (4,000) 4,800 –––––––– 14,800 –––––––– Note: development costs can only be treated as an asset from the point where they meet the recognition criteria in IAS 38 Intangible assets. Thus development costs from 1 April to 30 September 2008 of $4 ·8 million (800 x 6 months) can be capitalised. These will not be amortised as the project is still in development. The research costs of $1 ·4 million plus three months’ development costs of $2 ·4 million (800 x 3 months) (i. . those incurred before 1 April 2008) are treated as an expense. 3 (a) Eq uivalent ratios from the financial statements of Merlot (workings in $’000) Return on year end capital employed (ROCE) Pre tax return on equity (ROE) Net asset turnover Gross profit margin Operating profit margin Current ratio Closing inventory holding period Trade receivables’ collection period Trade payables’ payment period Gearing Interest cover Dividend cover 20 ·9% 50% 2 ·3 times 12 ·2% 9 ·8% 1 ·3:1 73 days 66 days 77 days 71% 3 ·3 times 1 ·4 times (1,400 + 590)/(2,800 + 3,200 + 500 + 3,000) x 100 ,400/2,800 x 100 20,500/(14,800 – 5,700) 2,500/20,500 x 100 2,000/20,500 x 100 7,300/5,700 3,600/18,000 x 365 3,700/20,500 x 365 3,800/18,000 x 365 (3,200 + 500 + 3,000)/9,500 x 100 2,000/600 1,000/700 As per the question, Merlot’s obligations under finance leases (3,200 + 500) have been treated as debt when calculating the ROCE and gearing ratios. 14 (b) Assessment of the relative performance and financial position of Grappa and Merlot for the year ended 30 September 2008 Introduction This report is based on the draft financial statements supplied and the ratios shown in (a) above. Although covering many aspects of performance and financial position, the report has been approached from the point of view of a prospective acquisition of the entire equity of one of the two companies. Profitability The ROCE of 20 ·9% of Merlot is far superior to the 14 ·8% return achieved by Grappa. ROCE is traditionally seen as a measure of management’s overall efficiency in the use of the finance/assets at its disposal. More detailed analysis reveals that Merlot’s superior performance is due to its efficiency in the use of its net assets; it achieved a net asset turnover of 2 ·3 times compared to only 1 ·2 times for Grappa. Put another way, Merlot makes sales of $2 ·30 per $1 invested in net assets compared to sales of only $1 ·20 per $1 invested for Grappa. The other element contributing to the ROCE is profit margins. In this area Merlot’s overall performance is slightly inferior to that of Grappa, gross profit margins are almost identical, but Grappa’s operating profit margin is 10 ·5% compared to Merlot’s 9 ·8%. In this situation, where one company’s ROCE is superior to another’s it is useful to look behind the figures and consider possible reasons for the superiority other than the obvious one of greater efficiency on Merlot’s part. A major component of the ROCE is normally the carrying amount of the non-current assets. Consideration of these in this case reveals some interesting issues. Merlot does not own its premises whereas Grappa does. Such a situation would not necessarily give a ROCE advantage to either company as the increase in capital employed of a company owning its factory would be compensated by a higher return due to not having a rental expense (and vice versa). If Merlot’s rental cost, as a percentage of the value of the related factory, was less than its overall ROCE, then it would be contributing to its higher ROCE. There is insufficient information to determine this. Another relevant point may be that Merlot’s owned plant is nearing the end of its useful life (carrying amount is only 22% of its cost) and the company seems to be replacing owned plant with leased plant. Again this does not necessarily give Merlot an advantage, but the finance cost of the leased assets at only 7 ·5% is much lower than the overall ROCE (of either company) and therefore this does help to improve Merlot’s ROCE. The other important issue within the composition of the ROCE is the valuation basis of the companies’ non-current assets. From the question, it appears that Grappa’s factory is at current value (there is a property revaluation reserve) and note (ii) of the question indicates the use of historical cost for plant. The use of current value for the factory (as opposed to historical cost) will be adversely impacting on Grappa’s ROCE. Merlot does not suffer this deterioration as it does not own its factory. The ROCE measures the overall efficiency of management; however, as Victular is considering buying the equity of one of the two companies, it would be useful to consider the return on equity (ROE) – as this is what Victular is buying. The ratios calculated are based on pre-tax profits; this takes into account finance costs, but does not cause taxation issues to distort the comparison. Clearly Merlot’s ROE at 50% is far superior to Grappa’s 19 ·1%. Again the issue of the revaluation of Grappa’s factory is making this ratio appear comparatively worse (than it would be if there had not been a revaluation). In these circumstances it would be more meaningful if the ROE was calculated based on the asking price of each company (which has not been disclosed) as this would effectively be the carrying amount of the relevant equity for Victular. Gearing From the gearing ratio it can be seen that 71% of Merlot’s assets are financed by borrowings (39% is attributable to Merlot’s policy of leasing its plant). This is very high in absolute terms and double Grappa’s level of gearing. The effect of gearing means that all of the profit after finance costs is attributable to the equity even though (in Merlot’s case) the equity represents only 29% of the financing of the net assets. Whilst this may seem advantageous to the equity shareholders of Merlot, it does not come without risk. The interest cover of Merlot is only 3 ·3 times whereas that of Grappa is 6 times. Merlot’s low interest cover is a direct consequence of its high gearing and it makes profits vulnerable to relatively small changes in operating activity. For example, small reductions in sales, profit margins or small increases in operating expenses could result in losses and mean that interest charges would not be covered. Another observation is that Grappa has been able to take advantage of the receipt of government grants; Merlot has not. This may be due to Grappa purchasing its plant (which may then be eligible for grants) whereas Merlot leases its plant. It may be that the lessor has received any grants available on the purchase of the plant and passed some of this benefit on to Merlot via lower lease finance costs (at 7 ·5% per annum, this is considerably lower than Merlot has to pay on its 10% loan notes). Liquidity Both companies have relatively low liquid ratios of 1 ·2 and 1 ·3 for Grappa and Merlot respectively, although at least Grappa has $600,000 in the bank whereas Merlot has a $1 ·2 million overdraft. In this respect Merlot’s policy of high dividend payouts (leading to a low dividend cover and low retained earnings) is very questionable. Looking in more depth, both companies have similar inventory days; Merlot collects its receivables one week earlier than Grappa (perhaps its credit control procedures are more active due to its large overdraft), and of notable difference is that Grappa receives (or takes) a lot longer credit period from its suppliers (108 days compared to 77 days). This may be a reflection of Grappa being able to negotiate better credit terms because it has a higher credit rating. Summary Although both companies may operate in a similar industry and have similar profits after tax, they would represent very different purchases. Merlot’s sales revenues are over 70% more than those of Grappa, it is financed by high levels of debt, it rents rather than owns property and it chooses to lease rather than buy its replacement plant. Also its remaining owned plant is nearing the end of its life. Its replacement will either require a cash injection if it is to be purchased (Merlot’s overdraft of 15 $1 ·2 million already requires serious attention) or create even higher levels of gearing if it continues its policy of leasing. In short although Merlot’s overall return seems more attractive than that of Grappa, it would represent a much more risky investment. Ultimately the investment decision may be determined by Victular’s attitude to risk, possible synergies with its existing business activities, and not least, by the asking price for each investment (which has not been disclosed to us). (c) The generally recognised potential problems of using ratios for comparison purposes are: – – – – – – inconsistent definitions of ratios financial statements may have been deliberately manipulated (creative accounting) different companies may adopt different accounting policies (e. g. use of historical costs compared to current values) different managerial policies (e. . different companies offer customers different payment terms) statement of financial position figures may not be representative of average values throughout the year (this can be caused by seasonal trading or a large acquisition of non-current assets near the year end) the impact of price changes over time/distortion caused by inflatio n When deciding whether to purchase a company, Victular should consider the following additional useful information: – – – – – 4 in this case the analysis has been made on the draft financial statements; these may be unreliable or change when being finalised. Audited financial statements would add credibility and reliance to the analysis (assuming they receive an unmodified Auditors’ Report). forward looking information such as profit and financial position forecasts, capital expenditure and cash budgets and the level of orders on the books. the current (fair) values of assets being acquired. the level of risk within a business. Highly profitable companies may also be highly risky, whereas a less profitable company may have more stable ‘quality’ earnings not least would be the expected price to acquire a company. It may be that a poorer performing business may be a more attractive purchase because it is relatively cheaper and may offer more opportunity for improving efficiencies and profit growth. (a) A liability is a present obligation of an entity arising from past events, the settlement of which is expected to result in an outflow of economic benefits (normally cash). Provisions are defined as liabilities of uncertain timing or amount, i. e. they are normally estimates. In essence provisions should be recognised if they meet the definition of a liability. Equally they should not be recognised if they do not meet the definition. A statement of financial position would not give a ‘fair representation’ if it did not include all of an entity’s liabilities (or if it did include, as liabilities, items that were not liabilities). These definitions benefit the reliability of financial statements by preventing profits from being ‘smoothed’ by making a provision to reduce profit in years when they are high and releasing those provisions to increase profit in years when they are low. It also means that the statement of financial position cannot avoid the immediate recognition of long-term liabilities (such as environmental provisions) on the basis that those liabilities have not matured. (b) (i) Future costs associated with the acquisition/construction and use of non-current assets, such as the environmental costs in this case, should be treated as a liability as soon as they become unavoidable. For Promoil this would be at the same time as the platform is acquired and brought into use. The provision is for the present value of the expected costs and this same amount is treated as part of the cost of the asset. The provision is ‘unwound’ by charging a finance cost to the income statement each year and increasing the provision by the finance cost. Annual depreciation of the asset effectively allocates the (discounted) environmental costs over the life of the asset. Income statement for the year ended 30 September 2008 Depreciation (see below) Finance costs ($6 ·9 million x 8%) Statement of financial position as at 30 September 2008 Non-current assets Cost ($30 million + $6 ·9 million ($15 million x 0 ·46)) Depreciation (over 10 years) Non-current liabilities Environmental provision ($6 ·9 million x 1 ·08) (ii) $’000 3,690 552 36,900 (3,690) –––––– 33,210 ––––––– 7,452 If there was no legal requirement to incur the environmental costs, then Promoil should not provide for them as they do not meet the definition of a liability. Thus the oil platform would be recorded at $30 m illion with $3 million depreciation and there would be no finance costs. However, if Promoil has a published policy that it will voluntarily incur environmental clean up costs of this type (or if this may be implied by its past practice), then this would be evidence of a ‘constructive’ obligation under IAS 37 and the required treatment of the costs would be the same as in part (i) above. 6 5 Year ended/as at: Income statement Depreciation (see workings) Maintenance (60,000/3 years) Discount received (840,000 x 5%) Staff training Statement of financial position (see below) Property, plant and equipment Cost Accumulated depreciation Carrying amount Workings Manufacturer’s base price Less trade discount (20%) Base cost Freight charges Electrical installation cost Pre-production testing Initial capitalised cost 30 September 2006 30 September 2007 30 September 2008 $ $ $ 180,000 270,000 119,000 20,000 20,000 20,000 (42,000) 40,000 ––––†“––– –––––––– –––––––– 198,000 290,000 139,000 ––––––– –––––––– –––––––– 920,000 (180,000) –––––––– 740,000 –––––––– 920,000 (450,000) –––––––– 470,000 –––––––– 670,000 (119,000) –––––––– 551,000 –––––––– $ 1,050,000 (210,000) –––––––––– 840,000 30,000 28,000 22,000 –––â₠¬â€œÃ¢â‚¬â€œÃ¢â‚¬â€œÃ¢â‚¬â€œÃ¢â‚¬â€œÃ¢â‚¬â€œÃ¢â‚¬â€œ 920,000 –––––––––– The depreciable amount is $900,000 (920,000 – 20,000 residual value) and, based on an estimated machine life of 6,000 hours, this gives depreciation of $150 per machine hour. Therefore depreciation for the year ended 30 September 2006 is $180,000 ($150 x 1,200 hours) and for the year ended 30 September 2007 is $270,000 ($150 x 1,800 hours). Note: early settlement discount, staff training in use of machine and maintenance are all revenue items and cannot be part of capitalised costs. Carrying amount at 1 October 2007 Subsequent expenditure Revised ‘cost’ 470,000 200,000 –––––––– 670,000 –––––––– The revised depreciable amount is $630,000 (670,000 – 40,000 residual value) and with a revised remaining life of 4,500 hours, this gives a depreciation charge of $140 per machine hour. Therefore depreciation for the year ended 30 September 2008 is $119,000 ($140 x 850 hours). 17 Fundamentals Level – Skills Module, Paper F7 (INT) Financial Reporting (International) December 2008 Marking Scheme This marking scheme is given as a guide in the context of the suggested answers. Scope is given to markers to award marks for alternative approaches to a question, including relevant comment, and where well-reasoned conclusions are provided. This is particularly the case for written answers where there may be more than one acceptable solution. Marks 1 (a) (b) Income statement: revenue cost of sales distribution costs administrative expenses inance costs income tax non-controlling interest 11/2 3 1/ 2 1 1/ 2 1/ 2 2 9 Statement of financial position: property, plant and equipment goodwill current assets equity shares share premium retained earnings non-controlling interest 10% loan notes current liabilities Total for question 2 (a) (b) (c) Statement of comprehensive income: revenue cost of sales distribution costs administrative expenses finance costs income tax ot her comprehensive income 2 5 11/2 1 1 2 2 1/ 2 1 16 25 1 5 1/ 2 11/2 11/2 11/2 1 12 Statement of changes in equity: rought forward figures dividends comprehensive income 1 1 1 3 Statement of financial position: property, plant and equipment deferred development costs inventory trade receivables deferred tax preference shares trade payables overdraft current tax payable Total for question 19 2 2 1/ 2 1/ 2 1 1 11/2 1/ 2 1 10 25 3 (a) (b) 1 mark per valid comment up to (c) Marks 8 Merlot’s ratios 1 mark per relevant point 12 Total for question 4 5 25 (a) 1 mark per relevant point 5 (b) (i) explanation of treatment depreciation finance cost non-current asset provision 2 1 2 1 7 (ii) figures for asset and depreciation if not a constructive obligation what may cause a constructive obligation subsequent treatment if it is a constructive obligation Total for question 5 1 1 1 3 15 Total for question 2 1 1 3 1 1 1 10 initial capitalised cost upgrade improves efficiency and life (theref ore capitalise) revised carrying amount at 1 October 2007 annual depreciation (1 mark each year) maintenance costs charged at $20,000 each year discount received (in income statement) staff training (not capitalised and charged to income) 20 How to cite Acca F7, Essay examples

Unbreakable Protagonist David Dunn Essay Example For Students

Unbreakable Protagonist David Dunn Essay Weve all seen the typical superhero in every superhero film. Theyre all similar in a way and we dont realize it. They all go through similar stages of becoming a hero. David Dunn, from the film Unbreakable? is the so called superhero? of the film. This main superhero was rather different than other heroes. There were differences and similarities, which almost made the film quite unique. It didnt feel like your typical action filled superhero movie. Instead, it was a more realistic approach to the modern hero ? of this century. In the history of all superheroes, most of them become a hero out of their own will. But this will doesnt come empty-handed. Theres always some grief, sacrifice, or loss to persuade the powerful being into becoming stronger. Some do it to seek out of revenge; others may do it to save the world from tragedies. These superheroes are always lonely. Most of them live alone, dont have parents, and hide themselves from the rest of the world. This was only the standard of most heroes. When we think of a sacrifice, we think of an individual losing his/her parents, or some sort of damage/curse to the environment. This is what drives the individual to undergo changes to become this hero in the state of mind. Campbell describes this as a part of an individuals life that separates them from everyone else. For example, if a child saw his parents die, he would lose part of his childhood and move on to adulthood. That child would separate his perspective towards life compared to every other child normally would. He could lose their humanity and become this powerful being, not afraid of his enemies or the risk for his revenge. People like Batman who lose their parents to an enemy, seeks out revenge by using money and technology. Something like this could easily motivate a person to get their hands dirty and save lives. In Joseph Campbells Interview with Bill Moyers, the discussion of heroes and their heroic journeys are told. The hero? undergoes certain aspects to become this hero character. Some of these aspects include corruption, purification, and polarity. A hero has to have some sort of drive and dedication, or purpose for fulfilling such a difficult role. Its not easy at all. There needs to be more than dedication. Anyone can have a purpose, but do they have what it takes? Are they afraid? Can they really be of any use to humanity? In Unbreakable, David Dunn didnt lose any parents, didnt seek out revenge, or lose something precious to him. Instead, it was his son who pushed him to attempt to abuse his supernatural abilities. Soon afterward, he would test those abilities by saving people and hurting bad guys. This was more of experimentation rather than a motivation to help people. Its different from the typical superhero, but was still a method to save lives. Its not easy to persuade somebody to risk their lives to save lives. But because David didnt have much to lose, it was a good decision. What makes them a superhero might not be his/her power, but their own will to help others. Superhuman abilities are only part of the equation. Something that intrigued me about Unbreakable was the fact that David Dunn didnt have any special abilities to fight with. His only ability would be that hes nearly immortal (except from water) and cant get hurt. It gave a more realistic ability rather than some special power that would give it an unrealistic scene. Nowadays when you look at the news and hear stories of people saving others in certain accidents or tragedies, they get labeled as heroes?. They didnt use any superhuman powers to save lives. It was simply the will and kindness to risk your life to save others. During the interview, Campbell explains what water is; how it symbolizes a step or path to change. Its accepting the past and moving forward, like crossing a one way bridge. I think of the water as some sort of purification. The water purifies the hero to become different inside, to change his/her self to get out of danger. .u43f469694ca30230805907b381781d40 , .u43f469694ca30230805907b381781d40 .postImageUrl , .u43f469694ca30230805907b381781d40 .centered-text-area { min-height: 80px; position: relative; } .u43f469694ca30230805907b381781d40 , .u43f469694ca30230805907b381781d40:hover , .u43f469694ca30230805907b381781d40:visited , .u43f469694ca30230805907b381781d40:active { border:0!important; } .u43f469694ca30230805907b381781d40 .clearfix:after { content: ""; display: table; clear: both; } .u43f469694ca30230805907b381781d40 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u43f469694ca30230805907b381781d40:active , .u43f469694ca30230805907b381781d40:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u43f469694ca30230805907b381781d40 .centered-text-area { width: 100%; position: relative ; } .u43f469694ca30230805907b381781d40 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u43f469694ca30230805907b381781d40 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u43f469694ca30230805907b381781d40 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u43f469694ca30230805907b381781d40:hover .ctaButton { background-color: #34495E!important; } .u43f469694ca30230805907b381781d40 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u43f469694ca30230805907b381781d40 .u43f469694ca30230805907b381781d40-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u43f469694ca30230805907b381781d40:after { content: ""; display: block; clear: both; } READ: Steven Spielberg and Quentin Tarantino EssayLike his example of the Indian women who crossed the river, she had two choices to make: To move forward and survive, or to stay weak and fall to her death. She has a chance to make up her past mistakes by moving toward. In unbreakable, this seemed all too familiar. David Dunn, who has a weakness against water, falls right into a pool of water. This step of the journey is the hardest part. He nearly dies, and tries to get back up and almost fails. When he gets back up, hes going through this same process that Campbell describes it as. Its transaction of going down to the underworld and coming up. When David and his son go down to the basement to try and lift some weights, theyre going down to the underworld. When he comes back up, he feels more confident to himself. He comes back up as a different man. David has been through many similar and different aspects that most superheroes go through. Although he didnt have a loss that motivates revenge, his reasoning for saving lives was good enough. He goes through the same process of the underworld/water transaction and comes out a different man. His abilities may not be as unique like other heroes, but as long as he can save lives, hes still considered a hero.

Servant Leadership free essay sample

A few famous examples of servant leaders are George Washington, Gandi and Caesar Chavez. Key Principles In a publication released by Nova Southeastern University, 10 principle characteristics were identified of servant leadership (Leadership development -, 2007). 1. Listening Listening skills are vital for all leadership styles. Servant leaders make a deep commitment to intently listen to others. They seek to identify the will of a group or individual and listen to what is being said. 2. Empathy It is important to understand and have compassion for others. People need to feel accepted and recognized for their unique qualities. Leaders must assume the good intentions and not reject them as people. 3. Healing Learning to heal is a powerful force for transformation and integration. A greatest strength of servant leaders is the potential to heal one’s self and others. 4. Awareness General awareness, especially self-awareness, strengthens the servant leaders. 5. Persuasion Leaders rely on persuasion rather than positional, authoritative, decision making. We will write a custom essay sample on Servant Leadership or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Seeking to convince others, rather than coerce, is a goal of the leader. 6. Conceptualize Dreaming great dreams† is an ability that must be self-nurtured in a leader. The ability to look at a quandary from a conceptualizing perspective means a leader must think beyond everyday realities. Leaders must seek balance conceptualization and day to day focus. 7. Foresight Foresight enables a leader to capitalize on lessons learned from the past, realities of the present and a likely outcome of a decision. 8. Stewardship Greenleaf’s view of all institutions was one in which CEO’s, staff, directors and trustees all play significant roles in holding institutions in trust for the greater good of society. . Commitment to the Growth of People Leaders believe people have an intrinsic value beyond tangible contributions as workers. As a result, genuine interest in the spiritual, professional and personal growth of all employees is demonstrated. 10. Building Community Leaders se ek to identify a means for building a sense of community among those who work in a given institution. Differences from Other Styles In the approach on general leadership characteristics, the fundamental difference is authentic leaderships strive to be â€Å"real†, whereas servant leaders strive to be â€Å"right. Servant leadership is a style that lays down a set of characteristics that all leaders are supposed to emulate to attain success, and tries to shape the character and personality of the leader. On the other hand, authentic leaders tend to rely on their own unique set of experiences and style that has been learned and developed throughout their career. The main difference between servant and authentic styles, when applying into practice, is the serving of others. One of the primary applications is to give priority to the interest of others. Servant leaders exercise their duty by fulfilling needs, aspirations and duties of those in their organization. Authentic leaders don’t put much emphasis in responding to the needs or desires of others. Servant leaders’ style recommends listening, persuading, and empathy when approaching difficult situations, even in times of crisis. Authentic leaders are proactive and adapt their style to the situation. These leaders can be inspiring in one situation and tough about people related issues in another (Nayab, 2010). Strengths/Weaknesses (Nayab, 2011) Strengths 1. Contribution to organizational development. Leaders proactively set the way, and will inspire subordinates to perform by empowering them to follow. Such inspiration leads to collective efforts, creating a synergy. 2. Contribution to the all-around development of the employee. The leader helps employees attain physical and intellectual vitality and fitness, allowing them to lead balance lives. 3. Servant leadership’s value based approach helps organizations in the business environment where values, empowerment, and commitment play a big role in success. Weaknesses 1. The soft approach does not fit well into a competitive environment. Servant leaders may lag behind those other styles better suited for a competitive environment. Accountability and responsibility may get diluted. 2. Does not always work or resolve issues related to employee-organization fit. A primary function of all leaders is to match candidates with organization objectives. Servant leaders put the individual’s goals/needs as the primary concern. 3. Building a sense of â€Å"community† among team members may not fit well for all members. Many wish not to share personal lives or aspirations with others at work. Personal Reflection Servant leadership may apply best in certain situations such as politics or association management. But in its purest theory, I am not convinced servant leadership is a practical leadership style 100% of the time, for any type of business. It does have many qualities that I agree with, and practice a large extent of the time. For example, I view everyone I work with as a customer. I see it as my responsibility to help them achieve success in their role. It is my duty to provide them with every resource needed in order to succeed, and it is their duty to tell me what they need. Sometimes, that includes a holistic approach, and sometimes it is as simple as acquiring a printer for them. I tread lightly when personal life problems present themselves, however. I will assist in providing direction for an employee to get the help they need, such as an EAP program, or a Pastor in our ministry development initiative. On the other hand, it is also my duty to provide corrective action, redirection, or other forms of performance feedback when employees stray from goals, objectives, vision, mission or values. As I mentioned, a part of my management style is to serve the needs of subordinates. I can’t deny it isn’t entirely for unselfish reasons. I use it as a motivational tactic to achieve positive outcomes. However, I am sincere in my communications in order to build trust. Good managers put the needs of others ahead of their own. However, good managers cannot put subordinate needs ahead of customers, organizational needs or stakeholder needs. Blending all styles of leadership and adapting to unique situations or people will produce positive outcomes in the long run. However, it is my opinion holding true to only one style of leadership may cause problems for the organization, or an individual manager. References: 1. What is servant leadership?. (n. d. ). Retrieved from http://www. greenleaf. org/whatissl/ 2. Leadership development Servant Leadership. (2007, August 1). Retrieved from http://www. nova. edu/studentleadership/development/servant_leadership. html 3. Nayab, N. (2010, June 8). Servant leadership vs. authentic leadership: What are the differences?. Retrieved from http://www. brighthub. com/office/home/articles/73574. aspx 4. Nayab, N. (2011, May 25). Servant leadership theory strengths and weaknesses. Retrieved from http://www. brighthub. com/office/home/articles/73511. aspx? cid=parsely_rec

Free Essays on The Naked Citadel

The Naked Citadel reveals a life, hidden behind the walls of a Men’s world. This essay is a revelation of the relations between men as men, as humans and as fighters. These are the three major aspects of the life behind the walls of the Citadel, the manly world. Susan Faludi paints a beautiful picture of this world and the interrelations within its boundaries by putting a woman in the center of her story. Another major aspect of the essay is the tradition as a social value and as a limit. The essay gives an excellent example of how, sometimes, especially in the past centuries, traditions shaped people’s life and narrowed the scope of people’s dreams. It also shows how difficult it is to change traditions. The Citadel is a public military college established in 1822. It is a high-ranking institution with well-established traditions. All of the cadets are men, because army is, or used to be only men’s universe, and not just men’s universe, but the strongest and most brave men’s universe. The academy is an institution in which men looking to serve their country and be given a top rate education seek interest. It is a place where young man are taught how to act and communicate like man, how to be prepared to the real world and face difficulties-â€Å"To bravely face difficulties, not to complain, and not to give up† are some of the rules in Citadel’s code. In the Citadel a boy is remolded â€Å"into the whole man† with his identity â€Å"stripped†. A place where young men go to grow and develop into a man while not being in fear of exposing any "unmanly" like characteristics to the rest of society. Within the society a man is expected to think, act and live in a masculine manner. Showing emotions or sensitivity is considered taboo among the males. In the Citadel a man can act in a manner in which the threat of breaking the public norms is not eminent. The secrecy behind the walls of the academy is something taken very serio... Free Essays on The Naked Citadel Free Essays on The Naked Citadel The Naked Citadel reveals a life, hidden behind the walls of a Men’s world. This essay is a revelation of the relations between men as men, as humans and as fighters. These are the three major aspects of the life behind the walls of the Citadel, the manly world. Susan Faludi paints a beautiful picture of this world and the interrelations within its boundaries by putting a woman in the center of her story. Another major aspect of the essay is the tradition as a social value and as a limit. The essay gives an excellent example of how, sometimes, especially in the past centuries, traditions shaped people’s life and narrowed the scope of people’s dreams. It also shows how difficult it is to change traditions. The Citadel is a public military college established in 1822. It is a high-ranking institution with well-established traditions. All of the cadets are men, because army is, or used to be only men’s universe, and not just men’s universe, but the strongest and most brave men’s universe. The academy is an institution in which men looking to serve their country and be given a top rate education seek interest. It is a place where young man are taught how to act and communicate like man, how to be prepared to the real world and face difficulties-â€Å"To bravely face difficulties, not to complain, and not to give up† are some of the rules in Citadel’s code. In the Citadel a boy is remolded â€Å"into the whole man† with his identity â€Å"stripped†. A place where young men go to grow and develop into a man while not being in fear of exposing any "unmanly" like characteristics to the rest of society. Within the society a man is expected to think, act and live in a masculine manner. Showing emotions or sensitivity is considered taboo among the males. In the Citadel a man can act in a manner in which the threat of breaking the public norms is not eminent. The secrecy behind the walls of the academy is something taken very serio...

International Culture and Communication Assignment

International Culture and Communication - Assignment Example Be it a major MNC for small-scale business people use the Internet and communicate with various suppliers and customers across the globe to create a wider market for their business. It is evident that the work force in all officer is becoming multicultural and more diverse than ever. The HR department dealing directly with the manpower in every organization should have enough knowledge about the cross cultural factors that might affect the concerned businesses The organization should take enough measures to provide proper training regarding cross-cultural communication to their HR department. The HR department should in turn use their training to impart cultural tolerance among all the employees working in the organization. There is a very close relationship between the HR department and the culture prevalent in the organization. If the HR department adapts a culture friendly outlook, the whole organization will reflect the same mentality. Therefore it is important to encourage such a practice in all HR activities which deals directly with the employees of the organization (Jackson, 2002). The impacts of cross-cultural conflicts will usually be overcome easily or excluded if the organization encourages their workforce to get together on the basis of their personal interests and various other fun activities. The HR department should come up with such activities to promote cross-cultural communication and solve problems through a common understanding. Consider an HR department is selecting a group of people to send overseas for training or auditing. They need to ensure the people sent abroad are given enough briefing about the different culture prevalent in that particular country. Shaking hands or greeting a lady through a hug or a slight kiss is common in the Western countries. But such an act would create great misunderstanding and anger among the

Margins of society Essay Example | Topics and Well Written Essays - 1000 words

Margins of society - Essay Example This creates a jarring impact on the viewers as they are forced to give respect to the subjects that they would otherwise ignore if they get a chance to meet them on the streets. For this paper, three photographs by Arbus would be analyzed, namely Hermaphrodite and a dog in a carnival trailer, A Jewish giant at home with his parents in the Bronx, NY and Child with a toy grenade, Central Park, NY . In this photograph, Arbus has photographed a hermaphrodite. The photograph captures the style and concept of other Arbus’ photograph. The picture seems quite ordinary except for the subject. If the main subject was removed from the picture, there would have been nothing interesting in the picture and yet it is the subject who changes the entire meaning of the picture. The Hermaphrodite stares back at the camera. He is not smiling and neither is he frowning. Rather, it seems that the hermaphrodite is conscious of getting his picture. This, however, does not fit with the body posture of the subject. It is the lack of pose in the body posture that makes the picture more compelling. The picture is quite ordinary in the way the Hermphrodite is relaxing on the chair but it is the same feeling of the oridinary that brings forth the emotion of the viewers to the surface. The picture seems to be challenging the viewer to accept the Hermaphrodite as a part of the society. The subject is partially nude, and yet he does not shy away by attempting to cover himself with his hands. He wears shiny undergarments which show that the subject is getting ready for a show or has just come back from one. The presence of the dog lends a personal touch to the photograph. It tells something about the subject even if it is as ordinary as the fact that the subject owns a dog that loves enough to share the photograph with. It is was not for the title of the photography, many viewers would have missed the small dog lying on the lap of the Hermaphrodite. Arbus, in this

The Evolution of Skateboard Photography Essay Example | Topics and Well Written Essays - 750 words

The Evolution of Skateboard Photography - Essay Example llenweber 16). A common fact is that skateboarding has evolved from just another hobby to an internationally recognized sport. It is no longer considered to be a preserve of daredevils and adolescents who seek a way to vent their frustrations. For instance, in 1990, people used to skateboard mainly in parks and on the streets (if they found the opportunity to). Skateboarders and their fans then decided that they needed to shed the bad image that was associated with the hobby and turn it into something more appealing and enriching not just to them but also their fans. Eventually, the various skateboarding associations decided that they would market their hobby as a sport by growing it from the community. They established various skateboarding competitions in different neighborhoods different states in America and within no time the trend had caught on. Every neighborhood wanted to have a skateboarding association cum team, and this made the competition stiffer. A short time after this , the various stakeholders decided to make the participation worthwhile by offering prizes to the best performers. They sought financial assistance from local companies and community-based organizations (CBOs) who recognized it as a way of getting young people off the streets and giving them something to do and look forward to. Many young people sat up and took notice, and eventually most of them decided to join this latest ‘trend†. Within a short time, there were skateboarding championships being held in various states and soon after a national championship was established. Now, it is common knowledge that by the time there is a national championship anywhere (especially in a country like the United States), it means that a sport or hobby has garnered enough attention to warrant such a move (Wu?llenweber 26). Firms started tapping into this new frenzy in order to use it as an advertising avenue (it was particularly strategic because of its popularity among young people) . Through advertising, those companies managed to get the media to cover or even mention skateboarding. By 2009, we had professional skateboarders who supported themselves using the financial benefits they incurred from skateboarding. They were earning thousands of dollars by doing something they loved, and the media had no option but to take notice and accommodate this new sport. Now we have the World Cup of Skateboarding, a global skateboarding federation that organizes the formal World Championships of Skateboarding series that is held in many cities across the world (Bolster & Gesmer 12). This federation is also responsible for organizing and officiating other skateboard contests. Information about Shot Styles and Photography Specifics i) Use a Fisheye Lens Fisheye lens and skateboarding photography go hand in hand. The extremely wide angle lens offers an appealing three-dimensional look (Bolster & Gesmer 22). It allows one to get closer to the subject, capturing where they are from, where they are going, and what they are doing. A fisheye lens also affords your photos a room to breathe while at the same time maintaining a sense of impact. ii) Pre-focus This applies not only to skateboard photography, but also to motion photography or any type of action. iii) Keep a Clean Background The sky provides a perfect background in which to take skate photos. It is also a convenient backdrop to find because skaters tend

Sports Equity and Inclusion in British Rowing

Sports Equity and Inclusion in British Rowing British Rowing: A critical review Rowing is a sport which involves propelling a boat on a body of water using oars to push against the water and produce a force to move the boat. Rowing itself can be recreational or competitive and competition in rowing can be traced back to Ancient Egypt. Modern rowing as a sport dates back to the 10th Century in London. The arrival of Boat Clubs, for example, the Leander club in England, and the formation of University and public school rowing teams, especially at Oxford, Cambridge, and Eton in the early 18th Century, propelled the popularity of the sport to other Universities and boat clubs around the globe including the U.S and Germany (Burnell, Page, 1997).   Rowing is also one of the oldest Olympic sports. Initially it was part of the 1896 Olympics but the racing could not go ahead due to bad weather. Since 1900 it has been present at every Olympic Games with competitions ranging from individual races (single scull) to eight-person shells (coxed eight). Rowing has also had women participants from 1976 and Paralympic athletes from 2008 (Olympic Studies Centre, 2015). Despite being an amateur sport, rowing in Britain has always reflected the division of social classes by being synonymous with the more upper classes. Sugden, Tomlinson (2000) support this by suggesting that involvement in Henleys boating regatta can be a clear sign of high social status. Social classes, in their most basic form can be described as a division of a society based on social and economic status (English | Oxford Dictionaries, 2017). Later in the report I will analyse this further using different theories and concepts. During the rise in popularity of sports in Britain in the 18th century some sports, for example, football and Rugby, were more associated with the working and lower middle classes and other sports, for example, tennis and golf, where more associated with the upper middle and upper classes (Wilson, 2002). This can be attributed to all cultural consumption, including sports consumption, which requires the right tastes and preferences as well as knowledge and skills. This is called cultural capital. (Bourdieu, 1986, cited in Holt, 1998). Cultural capital is defined by access to cultural processes and products. These include the way by which educational, social and intellectual knowledge can used to advantage the social and economic position of a particular individual or group (Bourdieu, 1986, cited in Beedie, Craig, 2010, p. 268). The access to higher levels of educational knowledge in the 18th Century was achieved through the public schools which required fees to attend. Therefore, th ey attracted students from more economically advanced backgrounds and wealthy families that could afford the fees. These included schools like Westminster, Harrow, and the previously mentioned Eton (UK Parliament, 2017). As rowing was only available at boat clubs, universities, and public schools, all of which were out of reach to all but the ruling class, rowing became the preserve of the higher classes. People in poverty and low social classes, therefore, found it harder to participate in the sport. Rowing in England today is governed by British Rowing. The organisation was founded in 1882 and oversees both indoor and on-water rowing. They are responsible for the development of rowing in England and the selection of crews and individual rowers that represent Great Britain. They are affiliated with the International Rowing Federation and the International Olympic Committee. British Rowing has roughly 30,000 individual members that range in age from 11 to over 80. Individual members are usually linked to one of 550 associated rowing clubs, which in turn are within ten rowing regions in England. Each region has a regional rowing council and representatives who represent them on British Rowings Council. The British Rowing Council is made up of the members of the Board, the Regional Chairmen, the Honorary President, the Honorary Rowing Safety Adviser, the Regional Representatives, Home Nations Representative, and Honorary Life Vice Presidents (Governance British Rowing, 2017). The m embers of the Board are the Directors of British Rowing who meet regularly to manage the business of the organisation. This is headed by the chairman, Annamarie Phelps, CBE. Together they create and govern the policies and initiatives of British Rowing. This report will look specifically at the Equity and Inclusion policies and initiatives for British Rowing. Equity is about being fair and impartial and examines inequalities resulting from race, class, gender, ethnicity, sexuality, age, religion, or disability (Fletcher, Dashper, 2014). Being inclusive is about providing many different options to suit people of all ages, skills, and backgrounds, in the most appropriate manner that is possible. Therefore, Equity and Inclusion in sport can be defined as being fair and providing a range of opportunities for different people from different backgrounds to participate in sport. By being equitable and inclusive, a sporting organisation, or sport in general, can help to tackle inequalities that are present in wider society. In sociology and sport the idea of inequality has been broadly characterized and has been connected to different political ideologies. Inequality, as characterized from the right, is unavoidable, or is important for society to cope well. Conversely, from the left, inequality is a social detriment and ought to be killed by vote based or progressive means. This can mean democratically via policies and initiatives or even via revolution and forced change. As indicated by Donnelly (1996), Sport by its very nature, produces, and displays inequality. Early research proposed that sport reflected existing inequalities i.e., it was a microcosm of society. Regardless, more critical research of sport has since uncovered that, as opposed to being a passive component and simply reflecting inequality, sport, by means of social operators collaborations with sporting spaces, is effectively involved in creating, repeating, supporting and indeed, acts as a site for resistance when it comes to inequal ity (Dashper, Fletcher, 2013). Jarvie, Thornton (2012) add to this by stating that Inequality is often limited to two notions of inequality namely inequality of condition and inequality of opportunity. Inequality of condition refers to factors such as time, income, occupation, and education, whereas, inequality of opportunity focuses on the individual and the degree of freedom they may have. Equity and inclusion policies should aim to negate these inequalities. In order to correctly analyse the equity and inclusion policies and their impact on a group within society an organisational SWOT analysis will be conducted for British Rowing in regards to their Equity and Inclusion policies and initiatives (Appendix). A SWOT grid / matrix is a grid that highlights the strengths, weaknesses, opportunities, and threats associated with an organisation. The strengths are positive factors that are internal to the organisation and within their control. The weakness are also internal factors that may hinder the organisations ability to attain their goals. Opportunities are external factors that the organisation can use and take advantage of in order to progress. Threats are also external factors that could jeopardise the organisations progress.   Once the grid has been filled the information is analysed to ascertain the limitations and issues affecting the organisation. The benefits of a SWOT analysis are that it is cost free, quick and easy to use, anyone can conduct it, it can highlight strengths, weaknesses, deter threats, capitalise on opportunities, provide a better understanding of the organisation and help develop goals and strategies. There are, however, limitations to a SWOT analysis. A S WOT analysis cannot provide solutions, doesnt prioritise issues, it is open to human error, can produce a lot of useless information and doesnt address complex two sided factors that could be considered a strength or a weakness. Taking these into consideration I have listed 3-5 key points in each grid and will expand on them during the analysis. The first strength that was highlighted was that the British Rowing Equity Policy identified key principles in regards to equity in rowing. It stated that Sports Equity is about fairness in sport, equality of access, recognising inequalities and taking steps to address them. It involves changing the culture and structure of sport to ensure that it becomes equally accessible to all members of society (BRITISH ROWING EQUITY POLICY, 2014). It goes on to explain that no members will be treated differently due to certain factors (age, class, gender etc.) and that anyone can have an equal opportunity to participate. This shows that the equity policy has considered the two notions of inequality as previously discussed and that it will try to address these issues. The second strength highlighted was the implementation of an equity action plan to display their commitment to sports equity. The action plan is 5 points and one key point is the commitment to tackle under representation should eff ort be unevenly distributed. They also state the need to review the policy annually which is good practice. The third strength highlighted was the recognition of the legal requirements to be fair and equitable. This includes The Equality act: 2010 among others. The forth strength highlighted was the Adaptive rowing initiative designed to encourage people with disability to join rowing. Through this initiative, they also recruit people to participate in the Paralympics. This is an excellent strength and one that is surely equitable. The final strength was a statistic from 2013 showing that 52% of new recruits were men and 48% were women which displays a very even split between the two genders. This shows their equity policy is working to break down gender barriers as previous stats showed a 60/40 split in favour of men (British Rowing, 2013). The first weakness in the equity and inclusion initiatives was that participation from state schools remains low. 7% of the U.Ks school children are educated by independent schools but 54% of Great Britains elite rowers from the 2012 Olympic games were educated at independent schools. Those from state schools learnt almost entirely from boat clubs (Brown, 2016). The second weakness was that the cost of equipment/membership. Membership at clubs can be on average  £150-300 for a junior participant and even more for adults (Club rules, forms and prices, 2017 and Smithson, 2017). There is also a membership fee with British Rowing from  £17 for a junior to  £1150 for a lifetime membership. These fees may not be affordable for those who are struggling financially and who are in poverty and therefore the costs of the memberships act as a barrier to participation for those individuals. The final weakness is that equity policy states that British Rowing will publicise this to all employ ees, members, volunteers and officials through its website, Almanack, magazine and club mailings (BRITISH ROWING EQUITY POLICY, 2014). This is good to an extent but there is no mention of publicising its equity policy beyond its members and inner circles. By publicising its equity policy to a wider and more diverse audience in the public it is possible to encourage more participation from individuals that may not realise the opportunity is there to join the sport and that it is inclusive. The first opportunity highlighted was the increased popularity in rowing after the success of the 2012 Olympic games in London. British Rowing endured a spike in new recruits of 12.2% in the final 6 months of 2012 (British Rowing, 2013). British Rowing could take further advantage of this by specifically targeting certain groups in society that have low participation levels. The second opportunity is related to the first. It was that the one of the Olympic legacys goals were Promoting community engagement and achieving participation across all groups in society through the Games (London 2012 Olympic and Paralympic Games Annual Report February 2011). The final opportunity is that rowing is one of Britains most successful sports. They have accumulated 68 medals, including 31 gold, in mens rowing alone at the Olympics, 3rd overall in the history of the games. This can inspire more people to join and be part of the sport. The first threat highlighted was that costs may remain high or even grow with inflation. Costs to participate is a barrier for individuals but the cost for state schools to build facilities and buy equipment, such as boat houses, indoor rowers, storage rooms etc., can be a major factor in state schools deciding not to become involved in rowing. Another threat is that, despite being one of Britains most successful sports, rowing still falls behind other sports such as football, rugby, tennis, cricket, badminton, swimming, and athletics, in terms of popularity (Russell, 2014). Other sports may be more appealing to new participants and sports that are played regularly at both state and independent schools will inevitably have higher participation levels and a more diverse participation pool. The final threat is that now that the 2012 Olympics is long over, and the buzz around rowing is diminishing, the opportunity to encourage state schools and people from social deprivation backgrounds to participate could be fading. From the SWOT analysis, we can see there are issues and challenges for people in social deprivation and in the lower classes of society. To fully understand the context and impact of this, definitions must be understood and sociological theory must be applied. Sociology, as defined by Giddens (2001), is the study of human social life, groups and societies. A theory is a framework for understanding, but it always develops within a particular cultural context and is always provisionalà ¢Ã¢â€š ¬Ã‚ ¦ theory provides us with a starting point for our understanding but it begs to be expanded, contradicted, refined, replaced (Birrell, 2000). Therefore, a sociological theory is a framework of understanding around the study of human social life, groups, and societies. Three key terms must also be understood and they are ideology, power, and politics. Ideology is the shared ideas or beliefs which serve to justify the interests of dominant groups (Giddens, 2001). Power is the ability of individ uals, or the members of a group, to achieve aims or further the interests they holdà ¢Ã¢â€š ¬Ã‚ ¦ Many conflicts in society are struggles over power (Giddens, Sutton, 2013, p. 584). Politics takes place wherever conflict exists about goals and the method of achieving those goals (Houlihan, 2002). The way in which society develops unequal layers based on wealth, income, status, and power is defined as social stratification (Beedie, Craig, 2010, p. 116). Karl Marxs Conflict Theory can be used to better understand the social stratification from the perspective of poorer groups and less powerful of people. Karl Marxs work on conflict theory can be best understood by taking into consideration the context of the social world in which he lived. He developed his work during the mid-19th Century, which was a time of deep political and social unrest, due to the rapid expanding system of industrial capitalism and the political and economic issues that accompanied it (Foster, 1979). These political and economic tensions helped to further divide society in the form of social classes, that competed against each other, forming a class conflict. The Marxist view on social class can be basically divided into two main groups but the reality is that there are at least four groupings, which Marx identified to a certain extent. They are the lumpenproetariat, the proletariat, the petite bourgeoisie, and the bourgeoisie. They can also be called the underclass, the working class, the middle class, and the upper class. Each have their own problems and goals and are interconnected and interdependent to a ce rtain degree. This makes it hard to allocate class labels at times as it be a fluid and elastic term that is ever changing. Nevertheless, Marx describes the upper class as the class in control of the means of production and the classes below are the ones that make these means possible by selling their labour for wages. This division of labour causes relationships between classes to become exploitative where the upper classes exploit the lower classes by maximising commodity production for profit rather than need. This profit driven ideology is based on and creates inequalities and these inequalities between the classes cause conflict. This relates back to the definition of power where by conflicts in society are struggles over power and that the groups that wield the most power (upper class) can further their aims and interests that they hold. This also then relates back to our definition of politics; that it takes place wherever conflict exists about goals. This explains why some o f the most powerful people in society are located at the summit of politics (Rigauer, Tomlinson, 2002). When applying this sport, it is important to understand, as previously mentioned, that sport can act as a microcosm of society and reflect the fractures and divisions within society. If modern sport was developed in the 19th Century in tandem with the rise of industrial capitalism, then it is understandable that the same divides and conflicts that were in society at the time were reflected in sport. Houlihan and Malcolm (2016) add to this and state that Sport reflects and reproduces the ideologies of capitalism like aggressive individualism, ruthless competition, elitismà ¢Ã¢â€š ¬Ã‚ ¦These ideasà ¢Ã¢â€š ¬Ã‚ ¦in sport, reflect the broader structure of capitalist society. Having considered the historical context of rowing at the beginning of the report, it is clear to see how Sugden, Tomlinson (2000) suggested that rowing was a sport more associated with the upper classes. As rowing as a competitive sport began to form in independent schools, which became less and less accessible to the lower classes with the rise of industrial capitalism, the only class with the opportunity to participate in the sport were the upper classes that attended the high fee paying schools and as a result rowing, with its lack of lower class members became a sport for the upper class in the 19th century.   Beedie, Craig (2010) support this with an example of the town of Bedford. Bedford is a town with a tradition for rowing due to the River Ouse which flows near it. The grass roots entry points to rowing here were dominated by the fee paying independent schools and thus, any school children from state schools wishing to get involved in rowing had a very little oppor tunity to do so. They go on to state that rowing does not reflect the cosmopolitan diversity of social groups living in Bedford, but instead remains populated by those privileged educationally. Despite conflicts of social classes being less volatile and society being more integrated in the modern era of sport, the class divide in British Rowing is still clear to see. Of the 12 board members in British Rowing, only 2 attended state schools and of all the elite athletes that represented GB, 54% were educated in independent schools. Despite the organisations significant steps to improving inclusion for disability and female participants, it still has an identity as an upper-class sport. This could be further explained again using Marxism as Marx suggests that the ruling elite à ¢Ã¢â€š ¬Ã‚ ¦controls the means of mental production (Storey, 1993). If the people in charge of British Rowing and the lead figures and elite athlete are constantly coming from upper class backgrounds, then the image and idea of rowing being an upper-class sport cannot be changed. As I have previously mentioned, equity and inclusion polices should seek to negate the inequalities associated with that spo rt. One of those inequalities was highlighted as a lack of opportunity for people in poverty and the lower classes as poverty is at the core of exclusion (Collins, Kay, 2014). To combat this inequality and exclusion, I recommend that British Rowing should seek to reach out to other organisations to form a partnership with the goal of bringing more water sports to state schools. Craig, Mellor (2010) state that the recognition of, and involvement in, common activities enables and promotes social cohesion. Therefore, if more and more people from poverty and social deprivation backgrounds can have a better opportunity to participate in rowing it would improve relations between social classes even more and help to alleviate any barriers. For British Rowing, it will also provide a much larger pool of athletes to choose for elite level competition, for example the Olympics, and this could boost Great Britains success in the sport even further. They have proven that initiatives for specific populations (Female, Disability etc.) can improve participation and success in those groups and further effort for people in poverty could boost participation for that group a lso. Other potential means of improving participation could be to place a cap on membership fees so that they cant rise to a level that will become unaffordable to more people. Reaching out to state schools and providing them with equipment would be highly costly to the organisation. As sport becomes more commercialised and media heavy it is perhaps an option for British Rowing to negotiate a TV or sponsorship deal to raise capital for initiatives to improve equity and inclusion in their sport. Events at the Olympics and The Boat Race are the two main televised rowing events. As The Boat Race is one day per year and events at the Olympics only come once every 4 years, opportunity to highlight the sport to wider audience is not as frequent as some of the sports competitors. Staging exhibition races or creating completions for television could get more regular coverage and help to spread interest in rowing and also raise funds for initiatives to improve equity and inclusion. As sport not only reflects society but also helps to shape it, by using rowing to break down social barriers within the sport, and within social groups, society too may be effected in a positive way. Breaking down these barriers will help to provide more opportunities for participation and to be more fair and equal.

Quiet Revolution Essay -- Canadian History

In 1960, a series of swift and sweeping reforms, were in processing in Quebec, and the reforms carried out by Jean Lesage, who is the leader of Quebec Liberal Party. This term was commonly believed for six years from 1960 to 1966 (Cuccioletta & Lubin, 2003). Before the Quiet Revolution, Quebec was under control of its leader Maurice Duplessis, who is an ideologically conservative traditional politician. He insisted on preserving the traditional role of Quebec from 1944 to 1959. It is believed that some policies of Duplessis’s regime were regarded as the factors that resulted in the Quiet Revolution. In the first place, Duplessis has dominated Quebec’s economy in his term as the leader of government, and he almost expropriated the autonomy of his ministers and place Quebec’s economy in the hand of foreign companies. The profile of Quebec before the Quiet Revolution is a church-ridden and agricultural society while some other North American countries were industrialized ones in the same time period (Behiels, 1985, P. xi). Duplessis encouraged and entrusted the development of Quebec economy to the English-speaking Canadians and some foreign companies. At the meantime, he set barriers, and even block the development to French-Canadians’ economic groups. Therefore, foreign companies and English-Canadians owned much more power and rights than the French-Canadians; francophones have no choice but to work for Anglophone and foreign companies. Nevertheless, French-Canadians still obtained much lower wages compared to English-speaking workers. These unfair treatments to francophones led to unsatisfied of the contemporary government. Besides supporting the English-speaking and foreign economy, in Duplessis era, positive interference of unio... ...identity regarded themselves as Quebecers but French-Canadians no longer. Works Cited Behiels, M.D (1985). Prelude to Quebec's Quiet Revolution: Liberalism versus Neo-nationalism 1945-1960. Kinston and Montreal: McGill-Queen's University Press. Gagnon, A.G & Montcalm, M.B (1990). Quebec: Beyond The Quiet Revolution . Scarborough: Nelson Canada. Cuccioletta, D. & Lubin, M. (2003, September 22). Article: The Quebec quiet revolution: a noisy evolution. Retrieved February 14, 2011 http://www.highbeam.com/doc/1G1-118986705.html Gauvreau, M. (2005). The Catholic origins of Quebec's Quiet Revolution, 1931-1970. Montreal: McGill-Queen's University Press Clibbon, J. (2010, June 21). Re-examining the roots of Quebec’s ‘Quiet Revolution’. Retrieved 2 24, 2o11, from CBCNews. http://www.cbc.ca/news/canada/story/2010/06/18/f-quebec-conradblack-interview.html

Commercials

On TV today we see lots of commercials that show what the world and our peers want us to be. Commercials also show what clothes we should wear and what foods we should eat. There are commercials that show people with healthy and in shape bodies trying to get us to eat properly because looking at them will make us want to have that kind of body and will make us buy whatever it is they are selling. So in seeing those commercials every day, some of us start to think that we are not good enough, and we think we have to look our best to fit in with everyone else. The clothes you wear will show who you are and will show how people will Judge you.If a person is wearing old smelly clothes then people might think he is not a very clean person and that he may not have much money to buy all the new clothes. Now if you are wearing the newest Polo that Just came out, then you have money and people will think you are a clean well-dressed person. That clothes you wear will certainly have an impact on how people look at you. There are on commercials on TV today with professional athletes eating certain foods and wearing and buying certain clothes and we look at them and say to ourselves that we want to be like them.So we will go out and buy the new clothes they have and go eat where they do so that we will be as cool as them. Because they are portrayed as very influential people in the world, we see them and say, if I can be like that, then I will be cool. There are many commercials today that show how we should eat to get that perfect body that all the super starts and the professional athletes have. The men are always with beautiful women, and the women are always with handsome men. So we go and buy the food they eat so we will that the bodies they have.We also go and ay the videos that make you look like the big football player or the best trainer in America. We go and buy all of these things so we can possibly be accepted by our peers. Looking at the commercials on TV toda y, we see most of them show what we should wear and eat to be like all the athletes and movie starts and buy seeing that we try our best to be as much like them as possible so we will be accepted in our society today. Showing the lives and bodies of celebrities make us want to buy the videos, food, and clothes that they buy, is a good way to make money and to make us think all these things will make us look good.

Auditing Chaper 2&3

Chapter 2 2-7 The Public Company Accounting Oversight Board (PCAOB) is responsible for establishing auditing standards for audits of public companies. The ASB is responsible for establishing auditing standards for private companies. 2-10 The criticism of this statement according to the ten generally accepted auditing standards that the standards should provide useful guidelines for conducting an audit to improve practitioners’ quality of their performance.Based upon ten generally accepted auditing standards, the quality control system can provide only reasonable assurance, not a guarantee, that auditing standards followed with a professional judgment of their opinion. 2-16 a. The first general standard, which states in part, that a person must perform the audit or persons having adequate technical training, requires that an auditor have education and experience in the field of auditing. . The measures of the quality of the auditor’s performance are by accepting the gene ral standards of auditing. c. The general group of the generally accepted auditing standards includes a requirement of due professional care be exercised by the auditor. d. The criteria of audit plan and evidence gathering the general character of the three generally accepted auditing standards classified as standards of fieldwork. 2-20 a.The ethical implications of Rossi and Montgomery’s accepting the engagement is having adequate training and proficiency, due professional care, proper planning and supervision, sufficient understanding of the entity, its environment, and its internal control. Since Mobile Home Manufacturing Company decided to issue stock to the public and Rossi and Montgomery’s CPA firm never had a client to go public or might not had proper training of filling necessary paperwork for SEC should not accept the engagement. b.The auditor may face some problems when filing the SEC of the following: new securities registration statement submitted for appr oval, commission examines the statements for completeness before allowing their client to sell on the securities exchange, and require the financial statements along with the opinion of the independent firm to be part of the registration statement and subsequent reports. Let us not forget the auditor must file all of the proper paperwork from the S-1 form to register new security and any other special S-forms.The 8-K form includes the sale of subsidiary, change in officer, a new product line, or change of auditors. The 10-K form must file the annual report within 60 to 90 days after the close of each fiscal year according to the size of company. The 10-Q form must be file quarterly for all public held companies that contain valuable information within the financials to be review by the auditors before filing with the commission. Chapter 3 3-23 a.The report includes additional paragraphs for the definition and limitations of internal control of the combined report on the financial st atements and internal control over financial reporting is correct. b. The date of the CPA’s opinion on the financial statements of the client should be the date of the completion of all important audit procedures. c. If a principal auditor decides to refer in his or her report to the audit of another auditor, he or she is required to disclose the portion of the financial statements audited by the other auditor. -25 a. A CPA will issue an adverse auditor’s opinion if the exception to the fairness of presentation is so material that an â€Å"except for† opinion is not justified. b. An auditor will most likely disclaim an opinion because of a client-imposed scope limitation. c. The paragraph expresses an qualified opinion â€Å"In our opinion, except for the effects of not capitalizing certain lease obligations, as discussed in the preceding paragraph, the financial statements present fairly†, in all material respects,†¦ 3-26 a.It allows immaterial erro rs to be review if the financial statements show misinformation within the transactions and balances. b. Using the phrase â€Å"In conformity with accounting principles generally accepted in the United States of America† rather than â€Å"are properly stated to represent the true economic conditions† indicate the auditor followed standards of the Public Company Accounting Oversight Board. Because financial statements prepared in accordance with U. S. accounting principles and audited in accordance with U. S. uditing standards are available throughout the world on the Internet, the country of origin of the accounting principles used in preparing the financial statements and auditing standards followed by the auditor identified in the audit report. c. Using the phrase â€Å"In our opinion† indicates that maybe some information risk associated with the financial statements, even though the statements been audit. Also, the first and fourth generally accepted auditin g reporting standards that require auditors to state an opinion about the financial statements taken as whole, including a conclusion about whether the company followed U.S. generally accepted accounting principles or the IFRS issued by the IASB. d. The name identifies that CPA firm or practitioner who performed the audit to ensure the quality of the audit meets professional standards of legal and responsibility. e. Using material misstatement within the audit report conveys that the auditors are responsible only to search for significant misstatements, not the minor misstatements that do not affect users’ decisions.