Monday, May 25, 2020

Psychological and Sociological Theories of Domestic...

Domestic violence is a crime that occurs regularly within the United States. It claims millions of victims each year. There is not a specific cause to establish why domestic violence occurs. However, it has been documented that domestic violence is a product of physical, emotional, sexual, psychological, and any other forms of torture or torment that the particular abuser wishes to employ to gain control or power over their victims (Gosselin, 2005). Due to the complexity of this crime, many criminologists and socialologists have studied its causes and the effects in order to determine social policies and additional theories to better understand the causation of domestic violence. The social policies and theories that are developed from†¦show more content†¦This theory believes that an individual will choose criminal behavior by â€Å"free will† after weighing out the rewards and benefits verses the consequences or punishment for their behavior (Gosselin, 2005). In es sence, the abuser will choose domestic violence as a means to the end since they feel control and domination is necessary in order to coexist within personal relationships. On the other hand, if the offender believes the risks outweigh the ability achieve personal gain, control, or satisfaction, he or she may choose not to commit the abuse (Schacter, et al., 2009). I believe this theory explains the restraint an abuser displays when they carefully select the type of abuse administered to their victims and the length of time they choose to enact the abuse. Most abusers will not openly abuse their victims in front of others in order to deter detection. Detection is not an option for most abusers, since they are familiar with the consequences of their actions. A second example of a theory that would explain domestic violence would be the social learning theory. This theory falls under the category of the psychological theory. The social learning theory is the most relevant theory that applies to criminology. â€Å"Behavior is supported by rewards and extinguished by negative reactions or punishments† (Siegel, 2007, p.109). The social learning theory believes people are not born with the ability to act inShow MoreRelatedEssay on Theories of Causation of Crime and Its Solution 1250 Words   |  5 Pageshistory of criminal theory, spiritual and natural theories are taken as major theories of causation of crime. During medieval period, spiritual explanations were taken as punishment given by god for doing wrong things and any natural disasters like flood, fires, etc were evaluated as curse of high power. In modern period, the basic theories of causation of crime are classical theory, biological theory, psychological theory, cultural th eory and conflict theory. The classical theory explains that freeRead MoreEssay On Domestic Violence871 Words   |  4 PagesDomestic Violence Essay Domestic violence refers to violence, abuse and intimidation between people who are or have been in an intimate relationship. The perpetrator uses violence to control and dominate the other person. This causes fear, physical harm and/or psychological harm. Domestic violence is a violation of human rights, (the White Ribbon Australia). The domestic violence abuse includes sexual, verbal, physical, emotional, financial and psychological abuse. This essay will focus on the sociologicalRead MoreThe Complexities of Family and Interpersonal Violence1413 Words   |  6 Pagesinterpersonal violence. The issue becomes even more challenging in settings where poverty prevails, since it is often the case that agencies try extra vigilantly to address significant criminality in these areas. Anytowns departmental intervention policy on removing children from a home where there are active incidents of abuse is an effort to essentially impose a zero tolerance framework that seeks a single answer to these concerns. It is a policy based on social learning theory that assumes thatRead MoreDomestic Violence : A Global Public Health Problem Of Epidemic Proportions, Requiring Urgent Action Essay899 Words   |  4 Pages â€Æ' Executive Summary 2 Introduction 2 Theoretical Frameworks 3 Defining Domestic Violence 5 A Brief History 6 International Comparisons 7 Discussion of Domestic Violence 9 References 10 Executive Summary This report will offer a review of Domestic Violence in Aotearoa/New Zealand. The ways in which this abuse occurs will be included as well as theoretical frameworks to aid in understanding the extent of this social problem. A review was issuedRead MoreDomestic Violence Among Celebrities Are More Violent Than Average Citizens1947 Words   |  8 PagesDomestic violence among celebrities Introduction Domestic violence is widely regarded as a highly contentious issue in the United States. For this reason, it receives a great deal of attention from the law-enforcement and media professionals. However, there are significant reasons to believe that the way these incidents are portrayed in the media engenders false assumptions about the nature of this social problem. Specifically, there is no evidence to suggest that NFL players are more violent thanRead MoreThe Effects Of Domestic Violence On Children Essay815 Words   |  4 PagesDomestic violence is defined as â€Å"any incident or pattern of incidents of controlling, coercive or threatening behaviour, violence or abuse between those aged 16 or over who are or have been intimate partners or family members regardless of gender or sexuality† (Home Office, 2013, p.2). The Home Office (2013) further clarified the types of abuse to include physical, psychological, sexual, financial and emotional. The survey conducted last year in England and Wales showed 8.5 percent of women (estimatedRead MoreDomestic Violence And Its Effects On Society2241 Words   |  9 PagesDomestic violence, a highly prevalent, almost authorized, legally penalized, almost always hidden heinous crime, has been a matter of concern in many countries. More so in India, as every 2 in 5 women face domestic violence in India and about once every five minutes an incident of domestic violence is reported in India, under its legal definition of cruelty by husband or his relatives. Although it is gender neutral, domestic violence is usually perpetrated against women and hence it becomes essentialRead MoreImplications Of Domestic Abuse On Women1036 Words   |  5 PagesImplications of Domestic Abuse on Women In a broad sense, domestic abuse is a set of problems related to family violence. Domestic violence is characterized by a pattern of violent or abusive behavior by one person in a domestic context against another, such as in a marriage or cohabitation (Paul, 2004). Domestic abuse can negatively affect anyone in any culture, age, race, and gender. Intimate partner violence is a type of violence that falls under domestic violence (Roberts, 2008). Other typesRead MoreMy Interest Of Study Society1154 Words   |  5 PagesAccording to the sociologist C. Wright Mills (1959), to truly understand people s behavior we must look outside those individuals and concentrate into the larger social environment in which they live, including personal history. To comprehend the sociological imagination is to understand the principles of personal troubles and public issues and how they relate to each other (Mills, 1959). This concept, is deeper explained by Mills, when he describe our reactions in rel ation to our cherish values andRead MoreThe Effects Of Violence On Family Violence1319 Words   |  6 PagesWhen looking at violence in families one wonders that, what could possibly cause violence to occur amongst the most secure relationships such as family? Family violence is any type of abuse whether it is in a form of physical or emotional abuse. It could be a simple mistreatment of neglect that is experienced by someone within a secure relationship. It not only affects the person being abused but also the people who hear or are present at the time of the abuse. Using the theories of , B.F Skinner

Sunday, May 17, 2020

The And Its Impact On Society Essay - 1711 Words

It is oddly ironic––replace â€Å"ironic† with frustrating, disappointing, saddening, take your pick––how some integral parts of our identities can be so vague and incredibly difficult to discern. Being incapable of remembering the past nurtures a larger identity crisis within a person. It is difficult to truly know what you are––who you are––without taking your past into account. Inextricable from our identity, the past dictates how we are reared up, our place in society, society’s expectations of us, our expectation of society, and most importantly, our expectation of ourselves. Due to this inextricability, it is impossible to deny the past without simultaneously brushing off a part of ourselves. America in the 21st century can––heavy emphasis on can––be considered progressive, modern, and accepting. As a society, we aspire to be labeled as such: we take the label of being the â€Å"melting pot of the world† proudly. Despite our so called acceptance, however, society seeks to devalue previous transgressions against minority groups. Acceptance and integration are both great things but it is important to differentiate between integration and simply glossing over history, which happens frequently. By glossing over history––much in the same way we try to ignore our personal history, we devalue the struggles undergone by various minority groups. Beyoncà ©Ã¢â‚¬â„¢s confrontation of the systematic racism faced by the African American community is especially effective due to her position in saidShow MoreRelatedThe And Its Impact On Society1167 Words   |  5 PagesFor millennia, divine figures have been an integral part of human society. Ancient Greeks worshipped Apollo, the Egyptians revered Horus, and the Hopi paid homage to Kokopelli. Each divine figure is association with its own dogma, that is, a set of beliefs that are regarded as irrefutable. At best, these dogmas can serve as the backbone of a tightly knit community. However, more often than not, dogma harms society by either creating a schism within a religious group, or by promoting the persecutionRead MoreThe And Its Impact On Society1707 Words   |  7 Pages1. Zakaria argues that societies are going through democratization where closed systems are becoming more open. Therefore, now social change is originating from the masses unlike in the past. Today democrac y is not just a form of government it is a way of life. For example, a singer that is more popular is also more successful. Large groups of people are what create change. Even capitalism is becoming more democratic. 2. Zakaria defines constitutional liberalism as the goals of government suchRead MoreThe And Its Impact On Society2002 Words   |  9 Pagesthere has never been genocide aimed at an entire race of people. Others may assume that even if the dogma was used in America, there was no lasting impact on our society since the evils of Nazi Germany were revealed to the world. The ideology of the pseudoscience named ‘Eugenics’ has continued to have a great impact on the development of our society today. Eugenics is still being used today to justify the sterilization and is discrimination against women of color mothers today. Even though theRead MoreImpact Of A Mediated Society On Society1735 Words   |  7 PagesImpact of a Mediated Society Mass media has a direct and enormous affect on the current society from pop culture gossip to education among schools. The media is not only present in the environment but goes to lengths to control and dictate the feelings and perceptions of the current generation. Given that technology constantly reaches kids at younger ages, the prevalent existence influences children at younger years as time passes. Living in a highly mediated society shapes the way people seeRead MoreThe And Its Impact On Society Essay1937 Words   |  8 Pagesfrom our identity, the past dictates how we are reared up, our place in society, society’s expectations of us, our expectation of society, and most importantly, our expectation of ourselves. Due to this inextricability, it is impossible to deny the past without simultaneously brushing off a part of ourselves. America in the 21st century can––heavy emphasis on can––be considered progressive, modern, and accepting. As a society, we aspire to be labeled as such: we take the label of being the â€Å"meltingRead MoreModern Societies And Its Impact On Society2264 Words   |  10 PagesModern societies are described most effectively against the background of what came before them. The process of modernity is reactive; it’s meaning is derived by a comparison with, and by rejection or negation of preceding agrarian and industrial societies. Traditional, or pre-modern societies take as their basic unit the community or the collective. The family constitutes production and consumption as well as socialization, indicative of a rudimentary division of labour. Further, traditional societiesRead MoreThe Impact Of Technology On Society1291 Words   |  6 PagesSociety has always been impacted by technology. Each invention has affected how people relate to one another and how cultures have expanded or ended. Technology impacts how cities grow, where people live, and who owns what. Technologies are the reason a few people are very rich, that people are more social, and that teaching, and learning is changing. We are at a crucial time in history where educators can make a difference in how our students interact with one another and make a place for themselvesRead MoreMusic And Its Impact On Society958 Words   |  4 PagesCulture Although some may suggest music can only serve for entertainment, music imposes a direct impact on the ideals and actions of today’s culture. In the past, the music of a culture greatly impacts the people and speaks what the people felt afraid to express. Different types of music reach different areas of the human brain, thus affecting the way people act in various ways. Music possesses such a deep impact on human brains it affects the way we act and process different situations we go through. AlthoughRead MoreThe Media And Its Impact On Society Essay1723 Words   |  7 Pagesand information about key points that the public ought to know about. Off base reporting implies that individuals have the wrong information about different issues and may settle on uneducated choices. Be that as it may, similarly as the media can impact the public to settle on a good choice, these public pioneers may just write about part of the issue, affecting the way that individuals comprehend certa in issues and driving them to settle on uneducated choices about subjects. In this twentieth-centuryRead MoreThe And Human Impact On Society1732 Words   |  7 Pagesresponsibilities, and offers more comprehensive information about the financial and human impact on society. Sustainability reporting discloses other relevant information about a company that financial reporting lacks. Currently, laws and regulations are not designed with policies and procedures to accommodate sustainability reporting. In order for companies to mitigate their risks and environmental impact, as well as provide reliable reports, a mandatory sustainability report is essential. Stakeholders

Thursday, May 14, 2020

Raoul Wallenberg And The Holocaust - 990 Words

During the Holocaust, around 6 million Jews died of persecution from many groups of people. But this number could have been much greater if it was not for the efforts of many courageous people. There is not an exact number of how many people were saved during the Holocaust, but the death toll would have been much larger if people, like Raoul Wallenberg, did not help. Raoul Wallenberg was a Swedish businessman and diplomat who showed much moral courage by saving countless Jews during World War II. Raoul Wallenberg was born on August 4, 1912 in Sweden. He was born into one of the richest families in Sweden, the Wallenbergs. Since his family was very wealthy, he had the opportunity to attend college abroad in another continent. In 1931, Wallenberg went to the University of Michigan at Ann Arbor in the United States to study architecture. He graduated in three and a half years with a bachelor’s degree of Science in Architecture. This bachelor’s degree allowed him to come in to contact with many Jews that had escaped from Europe during the early years of persecution while he was working on architecture in Palestine (Raoul Wallenberg). In June 1944, the War Refugee Board, or WRB, a U.S.- established organization that helped support rescue missions for Jews, recruited Wallenberg to lead their operations in Budapest, Hungary. When Raoul Wallenberg arrived in Budapest, there were only 230,000 (â…“) Jews left in the city. 400,000 had already been deported by the Nazis who had takenShow MoreRelatedRighteous Gentiles1026 Words   |  5 Pages God’s Children The term â€Å"Righteous Gentile† or â€Å"Righteous among the Nations† is used to name those non-Jews who risked their lives to save Jews during the Holocaust. The title is used informally as referring to anyone considered to be a savior of Jews, but it has an official role in the Israeli program of Holocaust remembrance, administered by Yad Vashem. The criteria established by Yad Vashem include the following: — â€Å"The rescuer ensured the survival of a Jew or Jews by extending aid to themRead MoreThe Jewish Ghettos Of The Holocaust1715 Words   |  7 Pagesbefore the Holocaust, the first being in Venice in the 16th century, there are ghettos today, and there will be ghettos in the future, but the Jewish ghettos of the Holocaust are by far the most prominent. According to Merriam-Webster a ghetto is, â€Å" a part of a city in which members of a particular group or race live usually in poor conditions (ghetto).† This paper will focus, however, on what daily life was like in the ghettos, what Jews did or didn’t do to prevent their fate, and how Holocaust survivorsRead MoreThe Holocaust : Extreme Evil1025 Words   |  5 PagesRebecca Beechhold Kathryn Edelstein Honors English 10 22 September 2015 ADD Hook The Holocaust revealed the extreme evil in human nature on both a grand and small scale. Hitler, a strong supporter of antisemitism, had an agenda to create a dominant Aryan race and would stop at nothing to diminish the Jewish population. This meant forcing innocent Jewish people into death and labor camps, where conditions were brutal and treatment was atrociously inhumane. Overtime, this grand scale oppression sparkedRead MoreEssay about World War II as a Good War1892 Words   |  8 Pagesis the abandonment of six million Jews to the Nazi genocide from 1933 to 1945. The Allies did not care about Jews; not only did they not try to stop the genocide; they actually obstructed some attempts to save Jews. http://www2.iath.virginia.edu/holocaust/basichist.html Washington was fully aware of the escalating violence the Nazis were committing against Jews in Germany. From 1933 on and of Hitlers final solution.. But the U.S. government did nothing to stop or even impede it. The New YorkRead MoreThe Holocaust Essay2488 Words   |  10 PagesThe Holocaust of 1933-1945, was the systematic killing of millions of European Jews by the National Socialist German Worker’s Party (Nazis) (Webster, 430). This project showed the treacherous treatment towards all Jews of that era. Though many fought against this horrific genocide, the officials had already determined in their minds to exterminate the Jews. Thus, the Holocaust was a malicious movement that broke up many homes, brought immense despair, and congregated great discrimination. The HolocaustRead MoreUnexpected Valor!1209 Words   |  5 PagesDictionary states that the definition of humanitarianism is â€Å"having concern for or helping to improve the welfare and happiness of people,â €  and one might believe Frank Foley had and did just that. Frank Foley is not a very commonly known hero of the Holocaust because he never once accepted any thanks or retribution for the wonderful things he did (Smith 1-273). He was born in November of 1883 and grew up as a poor son of a locomotive engine fitter(Smith 1-273). He was the third of five children born toRead MoreEssay on Holocaust1965 Words   |  8 PagesHolocaust Introduction   Ã‚  Ã‚  Ã‚  Ã‚  What, when, where, and why was the Holocaust? The Holocaust was first called a religious rite in which an offer that gave to some one was burned in a fire. The current definition of holocaust is any widespread human massacre. When it is written Holocaust, it means when Nazi Germany completely destroyed the Jewish. The Holocaust was during the period of January 30, 1933 to May 8, 1945. Hitler became Germany’s chancellor when it first started and the warRead MoreAdolf Hitler s Role During The World War I1902 Words   |  8 Pageswere a few who decided it was wrong. First, what does the word ‘holocaust’ mean? The word comes from the Greek word ‘holokauston,’ meaning ‘a thing wholly burnt’ – such as a temple offering. This is quite different from what is now the most common definition: ‘the destruction or slaughter on a mass scale, especially caused by fire or a nuclear war.’ Nowadays, the word holocaust would have nothing to do with an offering (‘holocaust’ Dictionary.com). The following names may sound familiar: ChiuneRead MoreIrena Sendler: A Little Known Holocaust Hero1976 Words   |  8 PagesWhat is the first word that comes to your mind when you hear the word Holocaust? Some of the words you generally hear are genocide, devastating, sad, and evil, just to name a few. How often do you hear people describe or talk about the acts of compassion and good that came from the Holocaust? Not very often. It is a crazy concept to think that something good could come from the Holocaust where â€Å"five to six million Jews were systematically murdered by the Nazi regime, its allies, and its surrogates†Read MoreThe Holocaust: The Final Solution to the Jewish Problem Essays2236 Words   |  9 PagesThe Holocaust is defined as destruction or slaughter on a mass scale, especially caused by fire or nuclear war. Following 1945, the word has taken on a new meaning referring to the mass slaughtering of millions of European Jews as well as other persecuted gr oups (gypsies and homosexuals), by the German Nazi regime during the Second World War. In Europe the Jews experienced anti-Semitism (hostility or prejudice against Jews) which dated back to the ancient world, to the time when the Jewish temples

Wednesday, May 6, 2020

Franklin D. Roosevelt The Greatest Presidents Of The...

As many people know, Franklin D. Roosevelt was one of the greatest presidents of the United States. In his early years, he attended Harvard University and Columbia Law School. In 1910, he won the election in New York and became a state senator. At the age of 39, he was diagnosed with poliomyelitis.That didn t stop Franklin D. Roosevelt from his political career.To regain movement in his legs he practice swimming. In 1924, he appeared in the Democratic Convention to nominate Alfred E. Smith. In 1928, he became Governor of New York. His Presidential career started in November 1932. He was the 32nd President of the United States. He was the only president that was elected four times in a row. When he became president in his first 100 days he proposed a sweeping economic reform, the â€Å"New Deal†. By March there was 25 percent unemployment in the United states. In 1936, the rate of unemployment dropped from 25 percent to 14 percent. FDR was known for leading the United States t hrough The Great Depression and WWII. As a result of the war, issues stemming from the great depression were being relieved such as unemployment.The Great Depression was a main problem that caused many americans to panic. In January 6, 1942, while we were in war, Roosevelt gave a state of Union address in front of Congress.This was considered one the greatest speech of all times. In his 35 minute speech, he had 30 main points.In his strongest speech during the WWII, he stated many key points on how weShow MoreRelatedFDR: The Greatest President Essay example1174 Words   |  5 PagesFDR: The Greatest President Who was the greatest president of the United States? There have been many great presidents in the history of the U.S. Many presidents have led our country through very trying times. Some people believe Lincoln was the greatest president. However, President Franklin Delano Roosevelt led our country at times when a great leader was needed. Franklin D. Roosevelt was the greatest president of the United States because of his New Deal, his great leadership skills, and hisRead MoreFdr-the Greatest President1203 Words   |  5 PagesEnglish 9 22 February 2008 FDR: The Greatest President Who was the greatest president of the United States? There have been many great presidents in the history of the U.S. Many presidents have led our country through very trying times. Some people believe Lincoln was the greatest president. However, President Franklin Delano Roosevelt led our country at times when a great leader was needed. Franklin D. Roosevelt was the greatest president of the United States because of his New Deal, his greatRead MoreThe Life of Franklin D. Roosevelt1005 Words   |  5 Pagesname, Roosevelt D. Franklin to most Americans, rekindles the memories of the Second World War, the Manhattan projects and the subsequent bombing of two Japanese cities. What most of these people fail to understand is that Roosevelts presidency was the Second World War. Turth be told, Roosevelt is one the greatest presidents the United States ever had based on his personality and the challenges he faced while in the White House. This paper discusses a number of aspects about on e of the United StatesRead MoreFranklin D. Roosevelt : An Effective American President And Leader1509 Words   |  7 Pages1 Bernier Abby Bernier Mrs. Walden Sophomore Honors History Period 1 8 December 2014 The Presidency of Franklin D. Roosevelt Thesis: Franklin D. Roosevelt was an effective American president and leader. Franklin D. Roosevelt was a powerful leader and one of the most highly regarded presidents in American history. He connected well with American people, had a strong character, possessed a clear vision for America, had valuable political skills, and could lead people in challenging times. With recentRead MoreThe Legacy Of Franklin D. Roosevelt1333 Words   |  6 Pagesthinking about our 32nd president of the United States, Franklin Delano Roosevelt. He’s one of America’s greatest presidents who accomplished more than we could have hoped for. A man of few words citizens would say, yet each word was a something to remember. I believe that he was in fact the most effective president the US has had so far. This president was the most precise, straightforward president; he got what was needed to get the job done. He did what no other president would have been able toRead MoreRedifining Presidency: Franklin Delano Roosevelt1270 Words   |  6 PagesNapoleon, Agnes Macphail, Gandhi,etc. Franklin Delano Roosevelt, the 32nd president of the United States, is the only president in American history to be elected four consecutive times. No other president in history led America through some of its greatest domestic, complex and potentially letha l crisis’s, including the Second World War. He redefined each crisis as a chance of opportunity and strived for change of the American people. The measures president Roosevelt took laid a foundation for economicRead MoreFranklin Delano Roosevelt Essay1685 Words   |  7 Pagesan inspiration to me other young women around the globe. Franklin Delano Roosevelt was the 32nd President of the United States and is arguably one of the greatest presidents and leaders in United States history. Franklin D. Roosevelt is the only American president to be elected to four terms and since then there has been an Amendment passed that says no person should serve more than two terms in office. During his time in office, Roosevelt presided over two of the most significant events of the twentiethRead MoreHow Roosevelt And His New Deal Prolonged The Great Depression1395 Words   |  6 PagesHow Roosevelt And His New Deal Prolonged The Great Depression The traditional view of Franklin D. Roosevelt is that he motivated and helped the United States during the â€Å"Great Depression† and was a great president, however, as time has passed, economist historians have begun analyzing Roosevelt’s presidency. Many have concluded that he did not help America during the Great Depression but instead amplified and prolonged the depression. Jim Powell wrote about FDR economic policies and did an excellentRead MoreFranklin D. Roosevelt s President Of The United States1221 Words   |  5 PagesFranklin D. Roosevelt was the thirty-second president of the United States. He was also the first and last president to serve four terms. Next, to Abraham Lincoln’s presidency, FDR’s presidency was one of the most challenging presidencies in the history of the United States. Throughout his presidency, he faced extremely hard tasks and while facing them he had promised the people prompt, vigorous action, and he was assertive wit h his Inaugural Address. In 1929, the longest economic downturn in AmericanRead MoreHistory: Franklin D. Roosevelt and Great Depression Essay984 Words   |  4 Pagesmore credit for making the United States an industrial powerhouse – industrialists or workers? I believe the workers deserve more credit for making the United States an industrial powerhouse. The industrialists invented their products and that they deserve credit for and then starting their industry but the workers were the ones keeping it a float, making their product. In 1860, 4.3 million workers were working to run all the factories, mills and shops in the United States. For example, in the 1880s

Sorry for Disturbing You - 1198 Words

Sorry for Disturbing You â€Å"Sorry for Disturbing You† is a short story from 2008 written by Richard Knight. The main theme of the short story is regret and the story basically focuses on the regret of choices one makes in life. The story revolves around the protagonist Ian Harter and is told by a third person limited narrator, as only Ian’s thoughts appear in the story. Ian is our eyes throughout the story and all feelings and descriptions are from his point of view, which forces the reader to have certain impressions of the other characters. The story begins in medias res with Ian opening the door to his house finding an old alcoholic man standing on his doorstep. Ian reluctantly lets the man, Michael Phelps, into his house where Ian†¦show more content†¦One simple disastrous action of adultery with the wife of his best friend has lead his life off track and separated him from his friends and completely ruined his family life for good. He has to suffer for the rest of his life from that one mistake he has made and as a result, he drinks continuously to soothe the pain of his loss. And the pain has clearly set its mark on him; throughout the story he keeps apologising as if it can make up for the mistake he made in the past. The dialogue between the two very different men is a very important element of the story. There is a very limited dialogue in the story and an overweight of monologue. Though it might seem like the story is one big dialogue, Ian and Michael spends most of the time talking past each other. Ian continuously tries to keep a conversation going to avoid the awkwardness of silence, while Michael alternately mumbles, apologises and speaks to himself about his regrets and his mistakes. This causes a minor confusion during the story, because Ian asks Michael many questions, but only very few are answered. Another very important factor in the story is the role of the water. Throughout the story, all kinds of different fluids are mentioned, such as rain, tears, water, tea, alcohol and milk. Words such as moist, wet, sobbing, glassy-eyed, slippy, unwashed and bath underlines the effect of the water inShow MoreRelatedSorry for Disturbing You1688 Words   |  7 PagesInstructions: †Sorry for Disturbing You† Write an essay (900-1200) words in which you analyse and interpret Richard Knight’s short story â€Å"Sorry for Disturbing You†. Part of your essay must focus on the function of dialogue in â€Å"Sorry for Disturbing You† I will correct the following elements: * Verbal concord * Personal pronouns (he, him, she, his, her etc.) * Spelling * Paragraph structure * Introduction + thesis statement Text: â€Å"Sorry for Disturbing You†, a short storyRead MoreSorry for Disturbing You1275 Words   |  6 PagesSorry for Disturbing You – Assignment A B A) Write an essay (700-900 words) in which you analyse and interpret Richard Knights short story Sorry for Disturbing You. Regret is defined as a feeling of sorrow or remorse for a fault, act, loss or disappointment. In spite of this melancholic definition, regret is inevitable in our lives. But it is often said, that â€Å"if we spend our time with regrets over yesterday, and worries over what might happen tomorrow, we have no today in which to live.†Read MoreSorry for Disturbing You1706 Words   |  7 Pages------------------------------------------------- Sorry for disturbing you A. Several acknowledged studies show that one of the primary sources to human happiness is the close and positive relations we can have to each other. We have the ability to communicate and we have an enormous vocabulary to express how we feel. But with great power comes great responsibility. Communication is a central part of an intimate relationship and, if handled properly, it can be the key to a long and happy lifeRead MoreSorry for Disturbing You - Essay728 Words   |  3 PagesRichard Knight 2008 Sorry for Disturbing You The short story Sorry for Disturbing You by Richard Knight is written in past tense and limited 3rd person narrator. It starts in media res, our protagonist Ian opens the door, and a man is standing on his doorstep. By starting the story it makes the readers wonder what is going on, and it is like you are having the same exact reaction as Ian when he opens the door. The readers can identify themselves, and understands Ian’s feelings, why he does theRead MoreJohn Kevin Rudd s Speech : New Ideas And Perspectives1190 Words   |  5 Pagesthings in the past, present and future. Kevin Rudd’s Sorry speech confronts Australia with the truth of past wrongdoings that have taken place against aboriginals. Robert Gray’s Coast Road voices confronting viewpoints of forthcoming change in North Coast Town, and also disturbing discoveries relating to current proceedings in The Meatworks. These many forms of discoveries can potentially, have confrontational abilities. In Kevin Rudd’s Sorry Speech, looking into the past creates a discovery inRead MoreThe, The Neighbor Behind Us Practices Scream Therapy1134 Words   |  5 PagesThe neighbor behind us practices scream therapy in his shower almost every morning. I thought it was weird; he was only 17 and scream therapy is usually when you reenact a particularly disturbing past experience occurring early in life. Presumably, I figured he might have been six or seven when this horrendous event happened, but by the sound of it, this, this was much bigger than dropped cookies and lost dinosaurs. These screams; they sound as if he has still been living in his own misery. LouisRead MoreLetters From The Person Who Calls Himself T 1026 Words   |  5 Pagesthere are twenty-four letters from the person who calls himself T . I know because I poured over the contents of each one, horrified by every threat he had made to my mother. The closer the letters get to the current date, the more graphic and disturbing the subjects are. He s getting angrier, whoever this person is. The key pieces from all of the letters include Mom betraying him in some way. They also mention things about loving her so much, but I know it isn t my father. My father s nameRead MoreEssay Passion of the Christ560 Words   |  3 Pagesthe same time an army of Roman Soldiers was marching towards the woods to capture him. The film was filled with suspense from start to finish leaving you not wanting to miss a second. It was mostly visual so even if you dont like reading subtitles you will still enjoy it. There is definitely something in this film for everyone. Even if you cant bear to watch the violence, which is so predominant throughout the movie, there is a lot of emotion, action and even horror that will keep any audienceRead MoreEssay on Comparison of Animal Rights Texts777 Words   |  4 PagesComparison of Animal Rights Texts I am going to compare two pieces of text called: Its a crying shame and Sorry, but I think dying people are more important than dumb animals, by an Animal Rights Group and Polly Toynbee respectively. The first article is intended to appeal to a younger audience who think that killing animals is wrong because they are cute etc. The second extract is aimed at adults who are interested in the welfare of human beings. The Animal AidRead MoreEssay 11381 Words   |  6 Pagespharmacy and filled the prescription. I talked to her last night, other than being tired, and she was fine.† â€Å"Okay,† the paramedic said. â€Å"The coroner is on the way. The officers will stay here until they arrive.† â€Å"What do you think happened?†Joshua asked as the paramedics waited. â€Å"I’m sorry, I have no idea, but it happens.† â€Å"Give me a minute, and I’ll get her medication,† Joshua said, going toward the stairway. +++ While staring out the window, one of the officers went over to the paramedic and said,

Business Proposal for KFC-Free-Sample for Students-Myassignment

Question: Write a Business Proposal for any significant Organisational Issue. It could be any hypothetical or real issue in the Organisation. Answer: Introduction A business proposal is an aim of preparing and sending the tender to business for attracting the managers and directors to accept the offer and benefiting both the parties. The business proposal involves the ideas which are needed by an organisation to achieve upgrading. There is a set format of business proposal. Focusing on the current report the organisation selected is KFC and organisational issues are figured out and opportunities are created out of it. Initially, entire issues are discussed in the structure of business proposal which states the enhancement of quality in certain franchising, the inauguration of paper bag manufacturing machine could be initiated to curb the expenses that were generated while purchasing these bags from Wendys. QMS registration could be made by paying registration fees. Appropriate software should be opted for carrying out better research and development. The new outlet should be opened in South America for expansion purpose and adding things to the menu for attracting more consumers and increasing customer loyalty. Appropriate cost estimation on tendered ideas is constructed and timelines are set so that work gets accomplished within the tenure. Involvement of project manager is discussed and benefits on inculcating the changes are analysed followed by a conclusion. Lastly, it could be cultivated that an organisation like KFC also requires certain organisational changes in order to grow and achieve heights. Major challenges should be initiated so that new routes get opens and area of opportunities broadens up. Structure Kentucky Fried Chicken popularly known as KFC was initiated in the year 1930. The outlet was basically a service station located in Corbin, Kentucky. Harland Sanders, a 40 years old man used to serve the travellers who halt by the place for attaining gas service. Sanders serve the southern-style chicken to travellers. Slowly and gradually the fame of Harlands chicken spread in the entire city and crossed boundaries. People used to travel distances to enjoy Sanders special chicken. For the nine long years, Sanders learn about improving the dish even more and getting clarity upon the usage of 11 herbs and spices. The technique of preparing the food was improved and these ingredients and recipes are used till date. By the passing year around 20,500 outlets of KFC were opened in about 125 countries of the world[1] (KFC, 2017). In Australia, the restaurant was opened in the year 1968 in Guildford, NSW. At the initial stage, it got started with 25 employees. Now the scenario is such that about 612 outlets are opened in Australia. About 160 stores of KFC are owned by KFC and the remaining outlets are handled under the franchisees. There are around 30,000 Australian natives appointed to work in these outlets holding the strength of about 2 million and more customer base weekly[2] (KFC, 2016). KFC is the fastest growing fast food chain after McDonalds and is famous for its quality chicken and secret recipes it follows from years. Though being at the top there are certain organisational issues that KFC faces, focussing which will increase the ladder of success. First of all, KFC lacks on the part of research and development. There are certain franchises that are not delivering a quality product, therefore these outlets are to be figured out and corrective actions must be taken so that brand image not gets affected. Another issue that KFC faces is they do not have their original packaging criteria. The bags used for packing food stuff are taken from Wendys restaurant. For such packaging, purpose makes option can be selected instead of buying to save the remaining cost. Since KFC is famous for its chicken but they should try the expertise in other food material as well. Many vegetarians, as well as non-vegetarian variety, can be initiated. The focus should be paid on dishes o f fish as well by setting a new benchmark and achieving the target. The expansion is required in South America to increase the market share[3] (Kasi, n.d.). Costs (estimated) On considering the requirements and issues that organisation is facing it could be decided to construct an estimated cost that needs to be incurred while implementing the changes[4] (ACCA global, 2017). As far as research and development are considered appropriate training should be rendered to the concerned department. External can be appointed for the time being to make the staff learn about better research. Fresh talent can also be invited to fulfil the gap. For that recruitment and selection cost will be incurred or the option of employment exchange can be selected so that work shall be diverted and the only certain amount is to be paid to employment agencies and requirements are demonstrated to them. Another exposure is to improve the quality of the food served. Quality check is made and QMS should be adopted. Certification from ISO9001:2015 should be gained[5] (Greendot, n.d.). For acquiring the QMS certification $5000-$ 50,000 is charged as registration fees though it is an ex pensive treat involves the entire documentation and training program which is way more beneficial. Also, there is a requirement to manufacture own packing bag which is a one-time investment which can be recovered. For that bag manufacturing machine need to be implanted and human resource is required to operate the machine and renders output. Therefore the cost of manufacturing along with the hiring of people gets cumulated which costs around USD 80,000[6] (India mart, 2017). Also, there is a need to add some more variety other than chicken as well. As the company has mastered in preparing chicken by following the age old secret recipe there for the recipes related to fish and beef could also be introduced. Deep understanding of customers taste should be noted and a list of dishes should be prepared and according to varieties, the budget is set. This costs minimal and raises up the standard of KFC even higher. Along with that KFC should focus on achieving the market at South America as well. There less number of outlets prevailing in South America and the market is healthy enough to gain the portion by ensuring growth and development along with the expansion. For that purpose again the need for research and development will be there. For opening up, new outlet capital will be required. Capital can be managed either from the reserves of the company which will be beneficial for the entire organisation. Another option is to render loan and pay timely interes t upon it, this may be a costly avenue but once the franchising gets flourished and profit maximisation takes place things will settle on place slowly and gradually. Opening an outlet is risky measure but risks and growth are interdependent. More risk more will be the profit which results in development. For opening new outlet location needs to be select which should be within the reach of customers [7](Bishop, 2016). New hiring will be made and warehouse is required to store the stuff for future usage. Promotional activities will be conducted along with adequate transport which should favour the home delivery procedure as well[8] (Restaurant owner.com, 2017) Items Cost estimation Involving advanced RD software $60 Hiring employees for RD, operating machine and staff for a new outlet. $7,500 Purchasing and implanting paper bag manufacturing machine. $80,000 Obtaining ISO 9001 certification. $25,000 Equipment for preparing the new menu. $4,000 Opening outlets in South America: Total start-up cost (including land purchase). Start-up cost per sq. ft. (including land). $7,50,000 $170 Warehousing cost $5,00,000 Total estimation $1,366,730 Timelines To settle the above-mentioned issues around 2 years are required. Certain issues are such which are easily initiated while some require time for settling in the organisation. Research and development can be immediately implemented in around 2 days. The hiring of fresh talent is a bit time consuming but the installation of software is not the issue. For purchasing paper bag manufacturing machine comparison should be made this might take fortnight or more. For adding the new varieties in the menu again research will take place, which dish to be added will be discussed with the kitchen management and board of directors. Accordingly, ingredients are arranged and imported if needed. This may take a couple of months for completion. Afterwards, QMS certification is achieved which might require time for completion of entire process, documentation and training required for attaining relevant quality. Lastly, new opening will require most of the time. For new opening in South America first of all location need to be accessed, a warehouse near the outlet is selected, better transport facility is chosen. Around a year time will be required in making research, analysing market, choosing a suitable location to establish the outlet. After confirming the place and accomplishing the paper work, construction of the workplace get started; furniture and fittings, lightings, water supply and multiple essentials are completed. For final settlement and inauguration, another round year will be spent this way for complete settlement of new outlet 2 years estimated time will be required[9] (Project a to z, 2017). Involvement in the project Being a project manager for this project the role played was to render the idea to directors for expansion and growth. The internal and external market was studies and competitors move was analysed. Customer preferences were given priority and information was gathered by making consumers fill the feedback form. From the data collected through experts and consumers, immediate action towards the organisational issues was taken. The idea to introduce the new dishes to the existing menu was initiated. Hiring work was allotted to the human resource department for the selected field. QMS was introduced and the standardised chart was made to follow. Comparison for purchasing manufacturing machine was done and suitable cost effective machinery for packaging got selected for the organisation. The thereafter research was made upon opening a new outlet in the developing areas of America. The strategy to capture the market was made. Location for opening the new franchising was finalised, the lan d was purchased and construction work took place where site duty was given as well. Recruitment at that outlet was also done to appoint competent and confidential staff[10] (Anantatmula, 2010). Benefits of the proposal From the above proposal, it could be derived that when organisational issues are figured out and fixed by following the adequate steps company will definitely face benefits. The cost will be incurred and some require heavy cost as well but results are more than the invested amount[11] (Berry, 2013). Considering the above proposal if benefits are counted, out of it various changes and challenges will be achieved. First of there will be clarity in the mind of staff that what will be the wise step for the organisation. This will be achieved with the help of appropriate research and development. Secondly, when paper bag manufacturing will take place in the organisation than by the passing time the cost of machinery will be covered up and the machine will turn out to be the fixed asset delivering profits which were earlier diverted to Wendys. With the increasing staff efficiency of the organisation will get increased. When more varieties of fish will get added to the menu of KFC than the sea food lovers will get attracted as well enhancing the customer base. Accordingly, consumer loyalty will also increase. This would result in expansion as well as development will take place[12] (Smith, 2017). On opening, the new outlet in South America expansion will take place and popularity gets an increase. The organisation will be able to explore and establish in the new market. With the opening of new franchising competition among the existing outlets and similar business will take place. If the competition is healthy in nature then chances of growth of all the outlets will take place. Lastly, on achieving ISO 9001 Certification for QMS; the authenticity of the organisation increases thereby trust with the company will also enhance. Rendering of quality automatically expands the brand image and faith among the consumers. Conclusion Thus, from the above business proposal, it could be concluded that there is a various organization that prevails in the market carrying divergent organisational issues. The organisation selected here is Kentucky Fried Chicken (KFC) whose organisational issues are figured out and corrective actions are taken. Thereafter structure for proposal is designed and the cost was estimated. Timelines were marked to accomplish the project on time. Being a project manager the contribution is briefly discussed and at the end benefit of the proposal to the business is described. To apply the changes and resolving organisational issues deep study in regards to changes will be made and minute aspects are considered to avoid adverse condition and initiate smooth functioning of the organisation. References ACCA global, Target costing and lifecycle costing, 2017, https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f5/technical-articles/target-lifestyle.html,(accessed on 7th August 2017). Anantatmula. V.S., Project manager leadership role in improving project performance, Engineering Management Journal, vol.22, no.1, 2010, p.13-23. Berry. T., 10 business plan benefits you might be forgetting, 2013, https://www.entrepreneur.com/article/228220, (accessed on 8th August 2017). Bishop. R., KFC to open more than 500 new outlets across UK: find out where your nearest restaurant will be, 2016, https://www.mirror.co.uk/news/uk-news/kfc-open-more-500-new-8788444, (accessed on 8th August 2017). Greendot, ISO 9001 quality management system, n.d., https://greendot.co.in/iso-9001-quality-management-system/, (accessed on 7th August 2017). India mart, Fully automatic paper bags making machine, 2017, https://dir.indiamart.com/impcat/fully-automatic-paper-bags-making-machine.html, (accessed on 7th August 2017). Kasi, KFC Swot analysis, n.d., https://marketingmixx.com/marketing-basics/swot-analysis-marketing-basics/174-kfc-swot-analysis.html, (accessed on 7th august 2017). KFC, About KFC Australia, 2016, https://www.kfc.com.au/kfc-australia, (accessed on 7th August 2017). KFC, What made us great is still what makes us great, n.d., https://www.kfc.com/about, (accessed on 7th August 2017). Projects A to Z, How to develop a successful restaurant construction schedule, 2017, https://www.projectsatoz.com/info-library/restaurant-project-plan-info-library/how-to-develop-a-successful-restaurant-construction-schedule.html, (accessed on 8th August 2017). Restaurant owner.com, Industry survey: how much does it cost to open a restaurant? 2017, https://www.restaurantowner.com/public/How-Much-Does-it-Cost-to-Open-a-Restaurant.cfm, (accessed on 8th august 2017). Smith. C., What are the benefits of preparing a business plan? 2017, https://smallbusiness.chron.com/benefits-preparing-business-plan-2702.html, (accessed on 8th August 2017). KFC, What made us great is still what makes us great, n.d., https://www.kfc.com/about, (accessed on 7th August 2017). KFC, About KFC Australia, 2016, https://www.kfc.com.au/kfc-australia, (accessed on 7th August 2017). Kasi, KFC Swot analysis, n.d., https://marketingmixx.com/marketing-basics/swot-analysis-marketing-basics/174-kfc-swot-analysis.html, (accessed on 7th august 2017). ACCA global, Target costing and lifecycle costing, 2017, https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f5/technical-articles/target-lifestyle.html,(accessed on 7th August 2017). , ISO 9001 quality management system, n.d., https://greendot.co.in/iso-9001-quality-management-system/, (accessed on 7th August 2017). India mart, Fully automatic paper bags making machine, 2017, https://dir.indiamart.com/impcat/fully-automatic-paper-bags-making-machine.html, (accessed on 7th August 2017). Bishop. R., KFC to open more than 500 new outlets across UK: find out where your nearest restaurant will be, 2016, https://www.mirror.co.uk/news/uk-news/kfc-open-more-500-new-8788444, (accessed on 8th August 2017). Restaurant owner.com, Industry survey: how much does it cost to open a restaurant? 2017, https://www.restaurantowner.com/public/How-Much-Does-it-Cost-to-Open-a-Restaurant.cfm, (accessed on 8th august 2017). Projects A to Z, How to develop a successful restaurant construction schedule, 2017, https://www.projectsatoz.com/info-library/restaurant-project-plan-info-library/how-to-develop-a-successful-restaurant-construction-schedule.html, (accessed on 8th August 2017). Anantatmula. V.S., Project manager leadership role in improving project performance, Engineering Management Journal, vol.22, no.1, 2010, p.13. Berry. T., 10 business plan benefits you might be forgetting, 2013, https://www.entrepreneur.com/article/228220, (accessed on 8th August 2017). Smith. C., What are the benefits of preparing a business plan? 2017, https://smallbusiness.chron.com/benefits-preparing-business-plan-2702.html, (accessed on 8th August 2017).

Tuesday, May 5, 2020

Financial Accounting

Question: Discuss the measurement and recognition requirements of the relevant accounting standard. Review the most recent financial statements of a listed Australian firm and provide discussions about the measurement and recognition disclosure provided by the company in compliance with the relevant accounting standard. Answer: Introduction With increasing modernization and development in the world, the size and level of transactions have also increased that is ultimately a good indicator for progression but it is to be noted that this increase in the transactions have made the disclosure of information more tougher because users are confused about when to disclose, how to disclose and for whom to disclose. With the support of accounting boards like IASB and AASB, specific standards are being set that must be complied by all but due to this varied and over-stretched nature of transactions, one universal rule to be followed by all gets failed to be applied. Therefore disclosure of information is required but according to Materiality, only the important information must be taken into account and the unimportant ones must be avoided. As a universal rule fails to be applied for every single company, it can be understood that Materiality is a subjective factor that depends on the nature and size of transactions and hence inf ormation can be considered material for one company while other company may not feel the same (Choi Meek, 2011). Disclosures and Measurement of Intangible assets There are various users of the financial statements and they also use it for different motives like taxation motives, business motives and educational motives etc. Simply saying, these general purpose financial statements have different uses for different users and thus in order to satisfy the users, the information must be materially complete and exempted from any flaws (Graham Smart, 2012). The threshold of materiality for intangibles for one company may differ from other companies because it varies over time and hence the threshold point when the disclosure of information becomes essential, that point is defined as Materiality (Albrecht et. al, 2011). IASB states that information is material if its omission or misstatement can influence the judgement of someone who relies upon the financial statements. Materiality helps in the break-up of amounts of relevant items present in the financial statements. In order to depict a true and fair position of the business, the information in the financial statements for every item including intangibles must be materially complete from all aspects. This materiality concept is closely associated with some other concepts of accounting that are reliability, relevance, comparability, understandability and completeness. According to the Reliability concept of accounting, only that information of transactions must be recorded in the financial statements which can be verified with objective evidence (Gibson, 2012). This means that the information must be completely accurate and true in all aspects so that the users can place their reliance on the same. Materiality is also linked with relevance concept due to the reason that both the concepts imply that information can be considered relevant if it can help the users in predicting future business trends and for this purpose, the irrelevant matters from the statements must be avoided. Both Completeness and Materiality concept in turn fulfill the requirements of Reliability concept because information in financial statements can be considered reliable if it is materially complete in every aspect. Both the Comparability and Understandability concept are also associated with Materiality because according to all these three concepts, information must be materially complete so that the users can understand it and make decisions for future but for this, the information must be comparable with that of the previous years so that better decisions can be ascertained (Deegan, 2011). Evaluation of BHP Billiton Ltd In order to understand more about the concept of materiality in the financial statements, BHP Billiton Ltd has been chosen for this purpose that can help in explaining more details about the topic. By observing the annual report of this company, it can be understood that the company has been followed many aspects of Materiality. The most relevant aspect followed by the company is associated with Corporate Governance of a company and in relation to this; BHP Billiton has appointed the ASXs second edition of Corporate Governance Principles and Recommendations (BHP Billiton, 2015). With the help of this aspect, outsiders and investors have become confident towards the company and are interested to be informed about the functioning of the Board and its composition. It can be observed that these aspects are very beneficial for the company and hence are considered material for it. It can also be observed that various relevant matters regarding the composition of Board, appointment of Board , Independence of the Board and Board meetings are also accommodated in the annual report of BHP. If any of the directors of the company pursue a material interest in respect to any transaction in the company, then that director must be debarred from voting in the meetings of the company. He also loses the right to participate in the meetings of the company where such transactions are discussed. The only condition required is that the directors material relationship in respect to a transaction must be other than his role as a director. If not, then this situation does not prevail. The net cash position of operating, investing and financial activities can be obtained through a cash flow statement. As materiality helps in providing support to the users of financial statements that enables them in decision making, it is advised that the management and preparers of the financial statements must bound themselves with a duty to discuss matters with the auditors of the company in relation to the matters requiring disclosure (Guerard, 2013). The accounting standards of this company prescribes that only some specific companies or entities are needed to disclose their financial information but the ascertainment whether the information to be disclosed is relevant or not to the management and other users is a materiality related decision. The annual report of BHP Billiton also provides the importance of risk disclosure in a company. In the present scenario, the business world is filled with several risks and uncertainties and in order to counter these risks, the financial statements of the company must disclose the material risks associated with the business (BHP Billiton, 2015). This can help the investors to make relevant investment decisions relating to the company. Disclosure of risks is thus considered to be a very important aspect (Brigs, 2013). As discussed earlier that the annual report of BHP Billiton comprises of details on the Board meetings, Independence of Board etc, this disclosure can fetch several advantages to the company because outsiders are keen to know about the functioning of the company and its reliability level and disclosing such information helps in building integrity and trust upon the outsiders. They can exert confidence on the company in relation to several matters that can in turn develop the goodwill of the company (BHP Billiton, 2015). Setting a threshold point for the expenses of the company helps in avoiding the irrelevant items from the statements and also the useful life of an asset together with an estimate on asset amortization enables the stakeholders to make a judgement regarding the fulfillment of statutory requirements of the company (Libby et. al, 2011). Conclusion The concept of materiality can thus be understood and it can be known what emphasis it has on the efficiency of the companys functioning. It clearly helps the users of financial statements in effective decision making but it is to be noted that nowadays, financial information is being determined on both qualitative as well as quantitative attributes that clearly indicates a serious lack or loophole in the functioning of the legal or compliance system (Davies Crawford, 2012). This deficiency in the compliance system generates an urgent requirement for professional judgement on matters relating to materiality. Due to the improper function of compliance system, professional judgement is being stressed by everyone so that the materiality concept is not taken to another level and its efficiency is safeguarded on the minds of every user of financial statements. Thus, this makes it clear that not only the monetary effects are taken into consideration for determining and testing materiality but also there are other factors that must be given due importance. References Albrecht, W., Stice, E. and Stice, J 2011, Financial accounting, Mason, OH: Thomson/South-Western. Brigs, A 2013, Financial reporting analysis, Mason, Ohio: South-Western. Choi, R.D. and Meek, G.K 2011, International accounting, Pearson. Davies, T. and Crawford, I 2012,Financial accounting. Harlow, England: Pearson. Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Guerard, J. 2013,Introduction to financial forecasting in investment analysis, New York, NY: Springer. Graham, J. and Smart, S 2012, Introduction to corporate finance, Australia: South-Western Cengage Learning. Gibson, C. 2012, financial statement analysis, Mason, Ohio: South-Western. Libby, R., Libby, P. and Short, D 2011, Financial accounting, New York: McGraw-Hill/Irwin.