Tuesday, May 19, 2020

Computers Are Our Lives - 1452 Words

1.0 Introduction Computers are our lives. With new, evolving gadgets released almost every day across the globe, us, humans, get seriously blind sighted by how it started, basically taking machinery for granted. This report will aid in understanding the history of computers, from start to finish, teaching casual users new facts regarding history. The term ‘computer’ may also mean to define a tablet or smartphone but in this report, computers such as desktops and laptops will be discussed. 1.1 The Idea The first ideology of a computer first started off by a calculator made by Charles Babbage, a device which was successfully completed between 1781 to 1871. His first thought of creating an automatic machine was not so it could evolve so†¦show more content†¦The calculator was also the first electronic, automatic machine. After Babbage’s machine’s release, it opened windows for innovation. Because Babbage was the first inventor of a self-mechanical machine, it lacked in features, portability, was large in size and lacked in speed when compared to hand-used alternatives, such as the old abacus. After the release of Babbage’s calculator, German-resident Konrad Zuse, made the Z3, however, it was developed during World War I, resulting in the news not sent to the Americas of a new calculator. Consequently, when IBM created their own version and was considered second. IBM’s was greater in power, and it, too, inspired other Americans to improve on it. Thus, many people were counted in the building of calculators during the Calculator Era. 2.0 The Timetable of Evolutionary Inventions 2.1 History Timeline Many new machines were created during the past eternity and its story, preserved, survived to this day – a time when six point eight billion inhabitants out of seven billion people use computers. The following is a list of dates when and big, notable computers/calculators hardware or major companies which exists today, were started. 1837: Babbage’s Calculator Charles Babbage created the automated calculator, the first of its kind, named the Analytical Engine. From the time he was an adolescent to his death, he was

Biography of Josef Albers, Modern Artist and Influential Teacher

Josef Albers (March 19, 1888 - March 25, 1976) was one of the most influential art educators of the 20th century in Europe and the United States. He used his own work as an artist to explore theories of color and design. His Homage to the Square series is one of the most extensive and influential ongoing projects undertaken by a prominent artist. Fast Facts: Josef Albers Occupation: Artist and EducatorBorn: March 19, 1888 in Bottrop, Westphalia, GermanyDied: March 25, 1976 in New Haven, ConnecticutSpouse: Anni (Fleischmann) AlbersSelected Works: Homage to the Square (1949-1976), Two Portals (1961), Wrestling (1977)Notable Quote: Abstraction is real, probably more real than nature. Early Life and Career Born into a German family of craftsmen, Josef Albers studied to become a schoolteacher. He taught in the Westphalian primary schools from 1908 to 1913 and then attended the Konigliche Kuntschule in Berlin from 1913 to 1915 to earn certification to teach art. From 1916 to 1919, Albers worked as a printmaker at the Kunstgewerbeschule, a vocational arts school in Essen, Germany. There, he received his first public commission to design stained-glass windows for a church in Essen. Grassimuseum Windows in Leipzig, Germany. Frank Vincentz / Wikimedia Commons / GNU Free Documentation License Bauhaus In 1920, Albers enrolled as a student at the famed Bauhaus art school, founded by Walter Gropius. He joined the teaching faculty in 1922 as a maker of stained glass. By 1925, Albers was promoted to full professor. In that year, the school moved to its most famous location in Dessau. With the move to a new location, Josef Albers began work on furniture design as well as stained glass. He taught at the school along with other prominent 20th-century artists such as Wassily Kandinsky and Paul Klee. He cooperated with Klee for many years on glass projects. Armchair designed by Josef Albers (1927). Tim Evanson / Wikimedia Commons / Creative Commons 2.0 While teaching at the Bauhaus, Albers met a student named Anni Fleischmann. They married in 1925 and remained together until Josef Albers death in 1976. Anni Albers became a prominent textile artist and printmaker in her own right. Black Mountain College In 1933, the Bauhaus closed due to pressure from the Nazi government in Germany. The artists and teachers who worked at the Bauhaus dispersed, many of them leaving the country. Josef and Anni Albers emigrated to the United States. Architect Philip Johnson, then curator at the Museum of Modern Art in New York City, found a position for Josef Albers as head of the painting program at Black Mountain College, a new experimental art school opening in North Carolina. Josef Albers work at the PaceWildenstein Gallery, New York. Brad Barket / Getty Images Black Mountain College soon took on a very influential role in the development of 20th-century art in the United States. Among the students who studied with Josef Albers were Robert Rauschenberg and Cy Twombly. Albers also invited prominent working artists like Willem de Kooning to teach summer seminars. Josef Albers brought his theories and teaching methods from the Bauhaus to Black Mountain College, but he was also open to influence from the ideas of American progressive education philosopher John Dewey. In 1935 and 1936, Dewey spent extensive amounts of time at Black Mountain College as a resident and frequently appeared in Albers classes as a guest lecturer. While working at Black Mountain College, Albers continued to develop his own theories about art and education. He began what was called the Variant/Adobe series in 1947 that explored the visual effects created by subtle variations in color, shape, and position. Homage to the Square Blue Secret II (1963). Wikimedia Commons / Creative Commons 4.0 In 1949, Josef Albers left Black Mountain College to chair the Design Department at Yale University. There he began his best-known work as a painter. He started the series Homage to the Square in 1949. For more than 20 years, he explored the visual impact of nesting solid-colored squares in hundreds of paintings and prints. Albers based the entire series on a mathematical format that created the effect of overlapping squares nested within each other. It was Albers template for exploring the perception of adjacent colors and how flat shapes might appear to be advancing or receding in space. The project earned significant respect in the art world. In 1965, the Museum of Modern Art in New York City organized a traveling exhibition of Homage to the Square that visited multiple locations in South America, Mexico, and the United States. Josef Albers (American, b. Germany, 1888-1976). Scherbe ins Gitterbild (Glass Fragments in Grid Picture), ca. 1921. Glass, wire, and metal, in metal frame. Photo Tim Nighswander/Art Resource, NY. Â © 2009 The Josef and Anni Albers Foundation / Artists Rights Society (ARS), New York In 1963, Josef Albers published his landmark book Interaction of Color. It was the most complete examination of color perception yet, and it had a massive impact on both art education and the work of practicing artists. It particularly influenced the development of Minimalism and Color Field Painting. Later Career Albers retired from Yale University in 1958 at age 70, but he continued to teach giving guest lectures at colleges and universities around the country. In the last 15 years of his life, Josef Albers designed and executed major architectural installations around the world. He created Two Portals in 1961 for the entry to the Time and Life building lobby in New York. Walter Gropius, Albers former colleague at the Bauhaus, commissioned him to design a mural named Manhattan that decorated the lobby of the Pan Am Building. Wrestling, a design of interlocking boxes, appeared on the facade of the Seidlers Mutual Life Center in Sydney, Australia in 1977. Wrestling (1977). Whitegost.ink / Wikimedia Commons / Creative Commons 4.0 Josef Albers continued working at his home in New Haven, Connecticut, until his death at age 88 in 1976. Legacy and Influence Josef Albers powerfully impacted the development of art in three different ways. First, he was an artist himself, and his explorations of color and shape laid the groundwork for generations of artists to come. He also presented disciplined shapes and designs to viewers with countless variations on a theme that had varying emotional and aesthetic impact. Second, Albers was one of the most gifted art educators of the 20th century. He was a key professor at the Bauhaus in Germany, one of the most influential architecture schools of all time. At Black Mountain College in the U.S., he trained a generation of modern artists and developed new techniques of teaching art putting the theories of John Dewey into practice. Third, his theories about color and the ways that it interacted in the perception of viewers influenced countless artists around the world. The art worlds appreciation for the work and theories of Josef Albers became evident when he was the subject of the first solo retrospective of a living artist at the Metropolitan Museum of Art in New York City in 1971. Sources Darwent, Charles. Josef Albers: Life and Work. Thames and Hudson, 2018.Horowitz, Frederick A. and Brenda Danilowitz. Josef Albers: To Open Eyes: The Bauhaus, Black Mountain College, and Yale. Phaidon Press, 2006.

Wednesday, May 6, 2020

The Man in a Case - 5314 Words

A Paper AN ANALYSIS OF ELEMENTS OF â€Å"THE MAN IN A CASE† BY WENDY WASSERTEIN ARYA FRIZANDIKA 1005121046 ENGLISH STUDY PROGRAM LANGUAGE AND ART DEPARTMENT EDUCATION AND TEACHING TRAINING FACULTY RIAU UNIVERSITY 2013 I. Introduction â€Å"The Man in a Case† is a drama authorized by a well-known American playwright, Wendy Wasertein. Simply, this drama told about an optimism aproach of Byelinkov and Varinka. This is a love story which can tell the audience how human beings can find their love in any different forms and ways. We also can find so many social struggles of this drama that is published in 1986. Wendy Wassertein was born on October 18th, 1950 in Brooklyn, New York. She received the Tony Award for Best Play in 1989,†¦show more content†¦VARINKA. Youre smiling. I knew I could make you smile to day. BYELINKOV. I am a responsible man. Every day I have for breakfast black bread, fruit, hot tea, and every day I smile three times. I am halfway into my translation of the Aeneid (note: Latin epic poem by the Roman poet Virgil (70-19B.C.) from classical Greek hexameter into Russian alexandrines. In twenty yeas I have never been late to school: l am a responsible man, but no dancing bear. VARINKA. Dance with me. BYELINKOV. Now? It is nearly four weeks before the wedding! VARINKA. Its a beautiful afternoon. We are in your garden. The roses are in full bloom. BYELINKOV. The roses have beetles. VARINKA. Dance with me! BYELINKOV. You are a demanding woman. VARINKA. You chose me. And right. And left. And turn. And right. And left. BYELINKOV. And turn. Give me your hand. You dance like a school mouse. Its a beautiful afternoon! We are in my garden. The roses are in full bloom! And turn. And turn. (Twirls Varinka around.) VARINKA. I am the luckiest woman! (Byelinkov stops dancing.) Why are you stopping? BYELINKOV. To place a lilac in your hair. Every year on this day I will place a lilac in your hair. VARINKA. Will you remember? BYELINKOV. I will write it down. (Takes a notebook from his pocket.) Dear Byelinkov, dont forget the day a young lady, your bride, entered your garden, your peace, and danced on the roses. On that day every year you are to place a lilac in her hair. VARINKA. I love you.Show MoreRelatedMountain Man Brewery Case1441 Words   |  6 PagesWhat is Mountain Man Brewing Company’s positioning relative to its competitors? Mountain Man Brewing Company brewed a beer called â€Å"Mountain Man Lager† beer. â€Å"Mountain Man Lager† held the top market position among lagers in West Virginia for almost 50 years. It was also known as â€Å"West Virginia’s Beer†. It was a legacy brew in the mature beer brewing business and had managed to maintain a respectable market position in most of the states where the beer was distributed. â€Å"Mountain Man Lager† was a darkRead MoreMan Ray Case Study973 Words   |  4 Pages Chapter 4. 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In recent years Distributed Denial of Service (DDoS) attacks have been the primary causeRead MoreMountain Man Brewing Company Case Essay2000 Words   |  8 PagesIntroduction In 1925, the Mountain Man Brewing Company created a new taste of beer. The company specializes in producing Mountain Man Lager that is a family owned recipe that has a unique bitter award-winning taste. Mountain Man Brewing Company holds a strong brand name in the premium beer segment of the beer industry. MMBC Lager Beer has won several awards and has high brand recognition in the region that it operates. Since 1960, MMBC has distributed lager beer primarily in the Midwest distributingRead MoreBlue Man Case Study Essay10220 Words   |  41 Pages9-810-108 REV: JANUARY 6, 2012 BHASKAR CHAKRAVORTI JANET KRAUS SHIRLEY M. SPENCE Blue Man Group: Creativity, Life and Surviving an Economic Meltdown 1 Sometimes when we look at where Blue Man Group has gone; we just sort of scratch our heads. And we think about how we started, basically just the three of us saying, â€Å"Why don’t we get bald and blue and do stuff?† — Chris Wink, co-founder with friends Matt Goldman and Phil Stanton Monday evening on July 7, 2008, Chris, Matt and PhilRead MoreCase Study : The Blue Man Group 1048 Words   |  5 PagesTameika Dunsom Personal Essay Stony Brook University School of Professional Development Degree Objective: MS Human Resource Management The Blue Man Group, the entertainment phenomenon whose off-Broadway company I help to run, has one segment called the Marshmallow Trick that always stops the show. In it, two of the three all-blue head-to-toe-including-skin cast members separate themselves on stage by thirty feet. One of them tosses a marshmallow to the other, who catches it with his or her mouthRead More The Non-Sympathetic Character of Byelinkov in The Man in a Case612 Words   |  3 PagesThe Non-Sympathetic Character of Byelinkov in The Man in a Case  Ã‚     It is hard to sympathize with a person who has a complete lack of happiness in their life.   In Wendy Wassersteins The Man in a Case, Byelinkov lives a dull, uneventful life, which only he is content with.   He performs the exact same routine every day and has rendered this routine almost his entire life.   Byelinkovs tedious life is expressed throughout the play by way of comments made to Varinka, as well as through his dailyRead MoreMountain Man Brewing Company Case Analysis1003 Words   |  5 Pagesï » ¿Katia Herrera Dr. Barksdale MK4900 June 23, 2014 Mountain Man Brewing Company Case Analysis Situation Analysis 1. Industry â€Å"The beer industry in the United States generates $75 Billion in annual sales.† (Abelli, 4) Light beer sales have increased at a compound annual rate of 4% over the previous six years. Traditional premium beer sales have also declined annually by the same percentage. The beer industry can be considered a monopoly since large national brewers maintain economies

The Harlem Renaissance Creation of a New Nation Essays

The Harlem Renaissance created a new racial identity for African-Americans living in the United States, after the First World War. This new racial identity caused the African-Americans to become a nation within the United States. A nation is defined as a group of people that share common language, ethnicity, history, and culture. A nation of people may or may not have sovereignty. Harlem, a neighbourhood in Manhattan, New York City, emerged as the â€Å"race capital†1 for African-Americans living in the Northern states. Many African-Americans migrated from the Southern states to the North because of an influx of available jobs after World War I. Influential writer James Weldon Johnson described Harlem as â€Å"being taken without violence.†2 The†¦show more content†¦The race-spirit became renewed and rejuvenated4. The significance of the Harlem Renaissance was that a new African-American identity was established. They were no longer slaves or a lower class, but a nation that had artists, intellects, and it’s own culture. The history and ethnicity of most of the African-Americans living in the United States is similar. Centuries before the Harlem Renaissance, English merchants had gone to the African continent and took prisoner many Africans to be used as slaves in English colonies. The Natives living near the English colonies had not been useful as slaves because they knew the area to well and could easily escape. The African prisoners were taken either to Virginia to work on cotton or tobacco plantations, or to the Caribbean to work on sugar plantations. Many of the Carribean slaves were moved to the United States after the collapse of the sugar industry. After the Emancipation Proclamation, which set the slaves free, many African-Americans had a difficult time assimilating into white American society. There was still a lot of prejudice and discrimination by the white Americans. The history and ethnicity of African-Americans is s imilar, which is one part of becoming a nation. Language is an important part of any nation. A language is a distinct characteristic of a separated group of people. The African-Americans living in United States of America spoke English, just like everyone else.Show MoreRelatedThe Harlem Renaissance, A Social, Cultural, And Artistic Movement1298 Words   |  6 Pages The Harlem Renaissance was a social, cultural, and artistic movement that started in Harlem, New York during the 1920’s. Although it is generally considered to span from 1918 to the mid-1930, many of its ideas continue today. â€Å"The Harlem Renaissance was a phase of a larger New Negro movement that had emerged in the early 20th century and in some ways ushered in the civil rights movement of the late 1940’s and early 1950’s† (Thomas, 2017). â€Å"The social foundations of this movement included the GreatRead MoreThe Art Of The Folk1699 Words   |  7 Pages The Art of the Folk: Jazz, Blues, Folktales, Dance: The Harlem Renaissance During the nineteenth- mid-twentieth century, folk became very popular and widely known within the nation. Folk is considered the ordinary citizens of a public or district considered as the agents of a conventional lifestyle and particularly as the originators or bearers of the traditions, convictions, and expressions that make up an unmistakable culture. When people started to realize, their potential and become open toRead MoreAnalysis Of Langston Hughes And His Harlem Dream1639 Words   |  7 Pagesand His Harlem Dream The 1900s found many African Americans migrating from the south to north of the United States in an event called the Great Migration. Many Southern African-Americans migrated to a place called Harlem and this is where the Harlem renaissance originated from. The Harlem renaissance began just after the first world war and lasted into the early years of the great depression. Harlem became the cynosure for blues and jazz and birthed forth a Negro Artist era called the Harlem RenaissanceRead MoreWhite Supremacy And The Jim Crow Laws1369 Words   |  6 Pagespercent of African Americans lived until the Great Migration north that gave way to the Harlem Renaissance. Which was a movement in the 1920 s and 1930 s that opened the discussion on a minority in America. 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The world in all aspects was in gradual recovery from the depression. The world of music was expanding, sharing it’s enthusiasm throughout the world. The evolution of jazz aroused the curiosity of the nation. As Blacks received their freedom, they were able to express themselves as talented individuals. Certain blacks contributed immensely to the era of jazz, for example, Duke Ellington. Ellington entered a brand-new, exciting Read More1900-1929: Social Turmoil -- Dbq1538 Words   |  7 Pages1900s were filled with many new social ideas and changes. New faces arose during this time, and many new ideas changed the shape of society. Among these were race relations, the role of women in society, and the ever-heated modernism versus fundamentalism debate. Relationships between races were very sketchy during the early 1900s. Racism was still very strong in the country, and ethnic groups settled in an area and created their own little communities. Harlem, New York was a black communityRead MoreHistory5499 Words   |  22 PagesHARLEM RENAISSANCE by William R. Nash ^ The term ‘‘Harlem Renaissance’’ refers to the efï ¬â€šorescence of African-American cultural production that occurred in New York City in the 1920s and early 1930s. One sometimes sees Harlem Renaissance used interchangeably with ‘‘New Negro Renaissance,’’ a term that includes all African Americans, regardless of their location, who participated in this cultural revolution. Followers of the New Negro dicta, which emphasized blacks’ inclusion in and empowermentRead MoreHarlem Renaissance3262 Words   |  14 PagesHarlem Renaissance, a blossoming (c. 1918–37) of African American culture, particularly in the creative arts, and the most influential movement in African American literary history. Embracing literary, musical, theatrical, and visual arts, participants sought to reconceptualize â€Å"the Negro† apart from the white stereotypes that had influenced black peoples’ relationship to their heritage and to each other. They also sought to break free of Victorian moral values and bourgeois shame about aspects ofRead MoreThe Great Depression And Dust Bowl2250 Words   |  9 Pagesthe decade there was economic boom, the Harlem Renaissance, improved women s rights, and the ending of the captains of industry era. On the other hand, there was the Great Depression, Dust Bowl, and Prohibition which were viewed very negatively due to the intense effect they had on the entire country. The decades leading up to the 1920s set the ground work for a lot of the best parts of the 20s, specifically the economic boom. Starting with the creation of monopolies by the likes of Rockefeller

General Purpose Financial Reports Public Sector

Question: Discuss about the General Purpose Financial Reports for Public Sector. Answer: General Purpose Financial Reporting (GPFRs) GPFRs are required to be prepared by the reporting entities according to the Australian Accounting Standards which is the governing body. The GPFRs are prepared in order to meet the needs of those users who are not in a position to demand financial reports from the company as per their tailored needs. These users are dependent upon the GPRS for their information needs in order for them to decide on the allocation of the scare resources. Who is required to prepare GPFRs All the reporting entities are required to prepare GPFRs whereas all the non reporting entities should prepare special purpose financial reports (SPFRs). A reporting entity is that which is expected to have users who rely on the general purpose financial statements for information which will be used by them to decide where to allocate the scare resources. The reporting entities of GPFRs may be divided in to two tiers namely Tier 1 and Tier 2. Tier 1 entities include entities which work for profit and are private companies and entities belonging to the local, state and federal governments. Tier 1 entities are required to prepare GPFRs in total compliance with the accounting standards. A private company is said to have public accountability if its equity or debt are traded in the open market or is in the process of issuing equity or debt for trading in the open market and if the primary business of the company is to hold assets of a group of outsiders as a fiduciary. Such companies include insurance companies, banks, investment banks and brokers and dealers. All other entities which do not fall in the category of tier 1 are tier 2 entities and tier 2 entities have reduced disclosures but have to comply with the classification, recognition and measurement of the accounting standards. (KPMG, 2014) Objective of GPFRs The main objective of GPFRs is to provide useful information to the existing or potential investors, creditors in making a decision as to whether to allocate the scare resources to the entity or not. The decision relate to investing, holding, selling in the companys shares, giving loan and credit to the company. There are many users of financial information provided by GPFRs. These users are interested in the GPFRs as they are in a position to decide it they want to allocate the scare resources to a particular entity or not. Investors decide whether to invest in a company or not, creditors decide whether to provide credit to a company or not, government decides whether to lend funds for a programme of the entity or not, employees decide whether to sell their services to the entity or not, donators decide whether they want to make donations to the entity or not, the owners of the company decide whether they should allocate resources for the companys operations and who would ,manage the business activities on their behalf. The interest of the community is served in the best manner of the scare resources which are allocated to the entities utilize them in the most efficient manner by generating maximum output. Efficient utilization of resources leads to higher living standards, rising economic development and overall development of the economy. The above efficient allocation of resources will take place only if the providers have sufficient information about the entity in which they want to invest and will base their decisions on the information provided in the GPFRs. GPFRs also provide mechanism to the management of the company through which they can fulfil their accountability. The management is accountable to the public because it is using their resources and hence with the help of GPFRs the management is able to discharge their accountability. (SAC2, NA) Qualitative Characteristics of GPFRs The usefulness of the GPFRs depends on the type of information provided. The information under the GPFRs include the economic resources possessed by the entity and the claims against the entity at a particular data and it also consists of events and conditions which led to a change in the resources and claims of the entity. Apart from the financial information, the reports also provide data on the strategies of the entity and the future outlook of the company with respect to growth. However, to make the above information useful, it is necessary that it should be relevant, comparable, understandable, verifiable, and timely and should be in faithful representation. (IFRS, NA) Relevance the information contained in the GPFRs is said to be relevant if it has both predictive and confirmative values and has the capability of making a difference in the decision made by users of allocating the resources to the entity or not. It is said to have predictive value if the information can be used by the users in making certain predictions about the entity through processes employed by him to predict the future of the company. Like a company may give future outlook of the company in terms of the increased revenue, costs and profits and on basis of this outlook, the user may base his predictive value. It is said to have confirmative value if the information can confirm or change the evaluations made by the users in the past. Confirmative and predictive value is interrelated. Like the revenue data of the company is confirmative value, however, the user may use the revenue data of the past to predict the future revenue based on the pattern it follows. Also if revenue ha s been predicted in the past, the actual revenue can be compared with what was predicted and on the basis of the correctness of the data, the processes employed to forecast future revenue may be altered. Faithful Representation all the information contained in the GPFRs whether financial or no financial should be represented faithfully, in other terms it should be complete, neutral and free of any material error. A complete description is the complete information and explanation about the phenomena being described. Like if assets are being reported, complete description would include nature of assets, their numerical value (original cost, fair value, depreciation). Information is said to be neutral when it is presented without any bias, emphasis or over emphasis on any particular information so as to influence the understanding of the user of the report. All the information should be presented in the most neutral way so that it is read by the user the way the events took place in the company. The information presented in the financial report cannot be 100% accurate, however free from errors means there are no omissions in information presentation. Also the process adopted for representing the information is free of error. Like if a company makes an estimate of doubtful debts, it may not be necessary that the estimate is perfectly accurate; however the procedure of estimating the doubtful debts should be accurate. (IFRS, NA) The above two features are called the fundamental qualitative characteristics. The features which are to follow are called enhancing qualitative characteristics because they enhance the quality of the information which relevant and faithfully represented. Comparability usually the users of GPFRs are interested in making comparisons between the financial performances between similar entities to decide where to allocate their resources. They may also like to compare the performance of the same entity with the past. Hence the GPFRs should be comparable. Comparability is achieved with some degree of consistency. Consistency refers to the use of same accounting policies and methods in reporting a particular item over different periods or across the entities. Uniformity is not necessary for a report to be comparable. Comparability requires similar things to look alike and different things to look different. Comparability is possible only for the financial information contained in the second half of the report, for the first half which constitutes narrative reporting, comparability is not significant. Verifiability the users of the report should be able to verify the information contained in the report. Verification can be either direct or direct. Direct verification is verification through direct observation like verifying the cash balance by counting cash. Indirect verification is verifying the value given in the report by applying the same procedure as adopted by the company to calculate that value. Like verifying the value of plant and machinery by taking the input given in the report like costs and quantity and recalculating the value using the same assumptions as made by the company. However, it may not be possible to verify the forward looking information, so the company should the underlying assumptions and how the information was compiled in order to support the information. Timeliness it is important for the information to be provided timely in order to be useful. The information should be capable of helping the users make decisions with respect to investment and that is possible only when the information is provided timely. However, some past information may also be useful to the users for studying the trends, compliance of the company performance with the budgeted one. Understand ability - the report should be clear, precise and understandable. There should be proper categorisations and classifications to make it understandable. Moreover, it is assumed that the users of the report are aware of the economic and business activities and can analyse the information in a diligent manner. (IFAC, 2012) Need for Rules and Regulations in preparing GPFRs GPFRs are required to be prepared by the reporting entities which constitutes of all the public companies as well as the private companies who have raised capital in the form of shares of debt and these instruments are traded in the public. From the nature of the companies, it is clear that they are using the public money to carry out their business and hence are liable to provide information on their business activities so that the users of financial report are aware where and how their money is being put in use to. These companies have a high economic and political influence and their business activities may affect the growth of the economy as a whole, hence it becomes mandatory for them to carry out the business with utmost care and also report their activities in the best manner so that different users may be able to scrutinize the performance to be in best interest of the society. (AASB, 2010) References IFAC, (2012), Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities: Presentation in General Purpose Financial Reports, Consultation Paper, International Public Sector Accounting Standards Board AASB, (2010), Exposure Draft ED/2010/2 Conceptual Framework for Financial Reporting: The Reporting Entity, AASB submission KPMG, (2014), Australian Financial Reporting Manual, Department of Professional Practise Horwath, (2015), Reporting Entity: General Purpose Vs. Special Purpose Financial Reports, Crowe Horwath Sydney SAC2, (NA), Objective of General Purpose Financial Reporting, Statement of Accounting Concepts IFRS, (NA), The Objective of General Purpose Financial Reporting, Conceptual Framework

Divorce 3 Essay Example For Students

Divorce 3 Essay DIVORCEDivorce in GeneralA divorce is a legal ending of a marriage. It occurs when two spouses feel that a legal separation is the only way to put an end to their problems such as, differences in goals, financial difficulties, or poor sexual relationships. Most countries including United States and Canada permit divorce only in certain circumstances. Countries like Ireland and Philippines prohibit divorce because divorce rips apart families, the base of society, the base at which society is built around. ProceduresA couple that is wishing to proceed with a divorce first fills out the proper papers and returns them to court. Making the arrangements for alimony, child custody and support, and division of their property. They then appear in court in front of a Judge who listens to their arguments by which they want to end their marriage, and then decides weather or not to grant them a divorce. In the past, the judge order the man to pay considerable alimony, give up some of their proper ty, and take on most of the responsibility of supporting their children. There were two main reasons for this, first, majority of divorced women did not have a job and needed money to help support the children. Secondly, because the man was the guilty spouse and the guilty spouse could not receive alimony. Today Judges realize that woman have qualifications for well paying jobs and do not need to be supported fully by their ex-husbands. They can also file for no-fault divorces. No-fault divorce is when neither side is labeled guilty. Some people oppose no-fault divorces because they believe such divorces can be obtained too easily. They feel couples can end their marriage without there being a real good reason, and that the couples should consult a marriage counselor. The divorce process is easier under the no-fault laws then the fault laws. Therefor can sometimes be obtained by couples without lawyers. Some judges oppose this type of divorce because often the protection of the chil dren and spouses are overlooked. Child Custody and SupportIn the early and mid 1900s, Judges almost automatically granted custody to the mother. They believed that children should not separate from their mother. Today, many Judges realize that the children might not be better off with their mother for various reasons such as drug addictions or criminal records. These reasons might also be true when they do not grant custody to the father. The Judge, in some situations, might ask the children which parent they want to live with, then consider visit rights for the other one. If the court changes their decision for any reason, the children might have to move, but this is prevented if possible because such a move can be very emotionally harmful on the children. The child might feel torn between their parents, and will not choose a side in fear of harming the other ones feelings. Children often find it hard to deal with a divorce mainly because they are too young to understand that this is probably the best thing for the family and each parent. Divorce RateThe divorce rate in the United States is the highest in the world today. This is mainly accounted for because of 4 major reasons. 1. Divorce is more socially acceptable than ever before. 2. Many people going into marriages expect more out of it then they did in earlier generations, and so they are more easily disappointed with the outcome. 3. More high-paying jobs are available for women, and these opportunities have made women less dependent on their husbands. 4. Changes in divorce laws have made it easier to obtain a divorce.