Creative Accounting Essay Example | Topics and Well Written Essays - 2000 words

Creative Accounting - Essay Example Among the various stakeholders, investors and potential investors constitute the primary group for whom financial statements are basically intended. Investors put their hard earned money with a firm on the basis of the financial information exhibited by statements and their scrutiny. Therefore, accountants are bound to oblige the rules and regulations of accounting practices in the preparation and presentation of financial statements. These rules are framed by accounting bodies of a country in line with international accounting standards. Nevertheless, some accounting standards are violated by accounting professionals/firms for their personal gain. Such practices are illegal and against the ethics of accounting professionalism. Many such practices have been observed from different parts of the world. Such a practice is known as creative accounting. Creative accounting is a sort of accounting scam, which does not follow the accounting rules and principles as such or finds the loop hol es in the accounting rules for the benefit of the preparers and those at the helm of the organization. This essay is meant to detail the basics of creative accounting and the reasons thereof. ... It is the act of using the skill and knowledge of accounting professionals to make advantage of the loopholes of accounting rules so as to manipulate the financial information and thereby deceive the users of such statements. This term is also coined as aggressive accounting since it involves the destruction of current accounting rules and specifications with the intention of deceiving someone. Though, the ultimate intentions of creative accounting are manifold, the fundamental aim is to give unfair and incorrect information about the company and its operational results. Numerous interpretations have been developed on the term 'creative accounting' by eminent authors. In the words of John Blake and Jack Dowds, creative accounting may be defined as a "process whereby accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business" (Blake). Metcalf, L. (US Senate) in his work (The Accounting Establishment, 1977, p.188), interprets " creative accounting is recognized as a synonym for deceptive accounting. Creative accounting methods are noteworthy because they remain in use as generally accepted accounting principles, even though they have been shown to be deceptive in many cases" (Robb, 2007, sl.3). According to Charles W. Mulford, Eugene E. Comiskey in their famous book entitled 'The Financial Numbers Game: Detecting Creative Accounting Practices', "creative accounting practices --a termthe authorschose to encompass any and all steps used to play the financial numbers game -- may be employed in exch ange for a variety of expected rewards. These rewards may include a favorable effect on share prices, lower corporate borrowing costs due to animproved credit rating,

Methodology Review Form Section 2 and 3 Research Paper

Methodology Review Form Section 2 and 3 - Research Paper Example Generic qualitative studies are among the most common forms of qualitative research, and they draw from established concepts, theories or models in the area of study. This approach seeks to identify recurring patterns, factors and categories in order to further enhance the theoretical frame (Caelli, Ray & Mill, 2003, p. 6). The methods to be used shall include face-to-face interviews for respondents with whom a meeting may be set, written responses for respondents who could not be personally met, and a search of documents, news, and reports pertaining to the respondent firms, which may be found in the public domain. The qualitative relational model shown above is deemed suitable for investigating the crisis management systems of the gas and oil industry since various studies have identified the same general stages of pre-crisis mitigation and prevention, and crisis event management and post-crisis recovery (Kyhn, 2008; Bergstrom, Petersen & Dahlstrom, 2008; Wright, 2009). However, the above relational model details the components of each stage more specifically, many of which aspects were applied in a study investigating the adequacy of crisis management in the Exxon oil spill (Boin, 2008). The theoretical framework of this study is situated within Crisis Management Theory. The main constructs of the framework involve preparation, mitigation, response and recovery, which are provided for in greater detail in the model presented in Section 2. This study is expected to advance the scientific knowledge base by providing additional application and validation for the issue and crisis management relational model, which from a scan of related literature appears to display the most detailed taxonomy of crisis management activities. The study is grounded in the field of organization and management because it seeks to find commonalities among the prominent business organizations in the oil and gas industry.

Imaging Informatics ( Agfa- Impax 6 ) Essay Example | Topics and Well Written Essays - 1500 words

Imaging Informatics ( Agfa- Impax 6 ) - Essay Example PACS software allows for examination of more vivid details, which results in higher levels of diagnosis accuracy and patient treatment outcomes. In addition, the PACS technology can ensure that referring physicians are able to find complete history and study of the concerned medical case, using a web browser, from anywhere. This would permit the physicians working in rural and remote areas to read the images sent over the web, for examining the same, virtually, offline. With such vast advantages and uses of PACS, the technology has now become a part of electronic medical record, while expanding beyond the radiology department- based medical application. This has necessitated the integration of PACS with RIS solutions, while IT vendors offer interchangeability of data, seamlessly, to enable radiologists helping in provision of optimum medical care at faster speed with lesser costs. Accordingly, the integrated RIS/PACS solutions create a single data base to manage image and information workflow of any radiology department. While it is responsible for acquiring, storing and displaying radiology text-based and image information, the integrated technology maintains awareness of all digital and analog information, creating the work-lists and order status information. This way PACS helps in management of all clinical and business processes in an effective manner, while considerably reducing the related paper work.( PACS –Technology Report , 2009 ) As PACS is a technology that integrates the computers, communication networks, servers, work-stations and software to formulate and manage a system for radiological image formation and display as well as producing the relevant image information archive; there are several components that are integrated together by digital networks and communication protocols. The components include data acquisition gateway, which is

Management and Leadership Situations Essay Example | Topics and Well Written Essays - 1250 words

Management and Leadership Situations - Essay Example The concept of the world under one umbrella (Globalization) has liberalized the management principles also. Management styles and methodologies have undergone drastic changes over the past two decades because of the introduction of scientific management theories in the organizations. Most of the autocratic approaches have given way to democratic approaches. Business is more oriented towards building relationships between the organization and the employees and also with the organization and the customers or public. The relationship between the employees and the organization should be in good condition for the growth of the organization. The employees should feel happy about the working conditions and the wages in order to deliver maximum productivity. If any damages caused, to the employee- organization ties up, the business may badly affect. On the other hand in some situations, the management may be forced to implement certain strategies for the benefit of the organization which may result in increased workload for the employees. Consider the following case. Your store is having an after holiday sale. All merchandise will be discounted 50% in order to make up for money lost before the holidays because of the weak economy. The store must close at its’ usual time of 10 pm so not to turn away customers but will reopen at 6 AM the following day. Although the staff is tired from a 12 hour day, they must stay past their assigned shift to complete a merchandise inventory and discount the merchandise before the opening the next day. What should the manager do?

Wilfred Owen Essay Example for Free

Wilfred Owen Essay Wilfred Edward Salter Owen was born on 18 March 1893 and died on 4 November 1918. He was an English poet and soldier, one of the leading poets of the First World War. His shocking, graphic poetry about the First World War was very heavily influenced by his friend, Siegfried Sassoon. There was a vast contrast between his poetry about the war and that of others, such as Rupert Brooke, as his took on a completely different perspective, and showed the readers a whole new side of the war. This wasn’t how he always looked at the war though. It was out of his own free choice that he joined the army, but it was two traumatic experiences that caused his view point to change so drastically. Firstly, he was thrown into the air when hit by a trench mortar and landed in the remains of a fellow soldier. Then, he was trapped for days in a German dugout. It was these two horrible experiences that caused his dramatic change of mind, and caused him to suffer from ‘shell shock’, which led to him being sent to a hospital for treatment. That was where he met fellow poet Siegfried Sassoon, and this meeting changed his life. In March 1918, he was sent to a command depot in Ripon, and here, a number of poems were written. After he had recovered, he was sent back to the front line, and tragically, a mere week before the war ended, he was shot in the head and died. Owen started writing poems long before the war, and he stated that he started at the age of ten. His friend, Siegfried Sassoon had a large effect on his poetry, especially in ‘Dulce et Decorum est’ and ‘Anthem for Doomed Youth’. These show direct results of Sassoon’s influence. A poem by Pat Barker was written about their relationship. His poetry changed significantly in 1917, where as part of his therapy his doctor got him to write his experiences down into poems. Though thousands of poems were published during the war, very few were acknowledged, and even fewer were loved, but Owen was one of them. Only 5 of Wilfred’s poems were published before he died. It was a popular belief that Owen was a homosexual, and there were some elements of homoeroticism in his poems, though he never actually said this. Historians have speculated as to whether he had an affair with Scott-Moncrieff, as Scott had dedicated many of his works to ‘Mr. W.O.’, but Owen never responded on this matter. It was only as a result of Sassoon being shot that led to his decision to return to the front line back in France, even though he could have chosen not to. He felt he needed to ‘take Sassoon’s place’. However, Sassoon was strongly opposed to the idea, and even threatened to ‘stab him in the leg’ if he tried it. Aware of what Sassoon thought, Owen didn’t tell him he went ahead with it and returned to the front line. He was killed whilst crossing the canal on 4 November 1918.

Play and Learning in Childrens Education

Play and Learning in Childrens Education Introduction Learning to play is necessary for a childs academic and emotional progress. Play can assist a child work out conditions in their surroundings, such as social activities in a group. Additionally, board games help to teach reading, rules, counting and other learning related skills. Block Building, Clay and other creative Hands on activities assists a child see how Things work. Several engineers started their Careers by playing with blocks. Task-1 1.1 Describe the development over time of theoretical approaches to play and learning Bandura take a very unusual approach to developmental psychology and confirmed that children learn progress from role models. Banduras approach is an expansion of behavioral theories which highlight the way we learn behavior from others, our surroundings, and experiences and so on and copy role models. They learn from brothers, sisters, sibling and friends. Banduras social learning theory personalized traditional learning theory which was stand on stimulus-response affairs. It believed learning to be no unusual among children, infants, adults, or yet animals. Banduras approach is leading in the cure of problem activities and disorders. Mary Ashworth developed the Attachment theory from Bowl by but she identified it ‘Strange situation. To learn theory researchers observed kids for 12-18 months and they observed to see how they responded when they were left alone and then reunited with their mothers. The attachment theory notifies us that a young child requires at least one affiliation with a primary care. This will assist the childs expressive and social development to raise and this happens over time. 1.2 Evaluate different philosophical approaches to play and learning Evaluation is a procedure used by before time childhood services to discover out about the quality of the program, the surroundings, the learning connections, and the results for children and families. Self-review is a figure of inner evaluation in which the service looks personally at itself and what it does, and applies what it finds out to place goals to develop quality. ERO provides outer evaluation of the superiority of services. Education evaluates are carried out frequently in all certified services. Reports verify what is going fine and make proposals for development. The most recent ERO report should be obtainable from the service, or can be examine on ERO’s website. 1.3 Discuss links between current influences on play and learning and the planning and provision of learning opportunities 1. Every child issue influences planning provision of learning opportunities The National Curriculum is the initial point for planning a school program that meets the definite needs of individuals and sets of pupils. This statutory enclosure statement on providing successful learning opportunities for all students outlines how teachers can transform, as needed, the National Curriculum programs of study to provide all students with relevant and properly challenging work at each enter stage. †¢Child care act 2006 controls planning and provision of learning opportunities This act states that untimely year’s providers have a task to execute the EYFS. Child care do this by gathering the learning and development necessities when doing their weekly scheduling and also conform with the welfare necessities. Child care act does this to make sure that it is very essential to follow rules and regulations to make sure that the children are at the right periods of development in life. †¢SEN code of practice 2002 influences planning and provision of learning opportunities Areas covered consist of the definition of particular educational requirements, parental liability and working affiliation with parents. The code moreover looks at: concerning pupils in evaluation and decision-making; stipulation in the early years; primary and secondary education; legal assessment of children under unavoidable school age; and the role of the unique educational requirements coordinator. Special educational needs: code of practice The SEN code does this to make sure that disability children do not neglect out on enter learning development and also to ensure that they do not feel gone out or frightened. †¢Equality act 2010 controls planning and provision of learning opportunities This act ensures that no one gets treated another way to anybody else this assists planning and provision because it ensures that staff have to ensure that when they plan a action or a lesson plan it is got to be able to engage everyone and ensure that it suits all person needs. 2. Inspectors found that where evaluation was underdeveloped; it tended to spotlight more on children’s benefit or their interests, rather than their education Self-evaluation and action planning was also often seen by childcare contributors as somewhat that had to be done for often rather than a way of improving result for children. Though, outcomes for children were no superior to acceptable in any of the contributors where self-evaluation was insufficient. Press release: A good start for the early years foundation stage, often ensure that it is seen to be significant to plan unusual types of learning prospects for the children as this assists to develop the children’s skillfulness in a variety of mode. 3. The curriculum structures like the EYFS control planning and provision of learning opportunities The term curriculum is applied to describe everything kids do, see, hear or feel in their setting, equally planned and unplanned. The Early Years Foundation Stage is the legal framework beside which providers of untimely education are moderated, and includes necessities for the provision of youthful children’s learning. Health Safety at work Act 1974 the Act imposes general duties on owners to secure the health, safety and wellbeing of people at work and protect others beside risks arising from the job activity. Task-2 2.1 Explain the use of observations to assess learning needs and consider how assessment based on observations can inform planning and respond to individual learning needs 2.2 Discuss how information from other agencies can contribute to the assessment of learning needs Children and families need support at assured times and there are many organizations and self help groups that can offer this support. Such as National association of toy and leisure libraries, National childbirth trust, Child poverty action group, Parent line plus, Home start, Gingerbread and contact a family etc. There are several different settings where children can be concerned for such as Holiday play schemes, Respite care, Schools, Parent and toddler groups, Workplace nurseries, Child minders, After school clubs, Pre-schools, Residential care, Day nurseries and crà ¨ches. Usually the major support group is inside the family group such as grandparents and aunties and uncles. There are four unusual types of sectors that grant care and education for children. They are, Statutory sector Voluntary sector Private sector. Independent A Statutory sector is a sector that has to be there by regulation, so local schools; dentist and hospitals are parts of this. Local schools have to be there by regulation and get some support by the Government. The age range that schools cover up is from five years to eleven years old; they follow a set schedule where reception faces the EYFS and then from year one to year six faces the countrywide curriculum. Schools are in simple access parts, where there is enough gaps for an outside play locale for example the playing field and inside space. A local school should also incorporate snacks; they should be strong snacks like vegetables and fruit. They should also incorporate toileting periods for the children. Statutory Schools are generally free excluding payment for school trips, school dinners, and some snacks. The aim of statutory sector school is to grant opportunities of education for all children and to support their education also making a harmless and secure environment for children to maintain them from harm. Another aim is to grant social opportunities for the kid this will incorporate learning to make friends, knowledge about socialize with people, learning the disparity between adults and kids and learning to value others. A Voluntary sector is a sector, which public volunteer to organize and run, so that Mother and toddler, Brownies and Preschool groups are a part of this. Mother and toddler groups are generally for kid’s age two to four years. The mother and toddler groups are generally opened from nine to eleven thirty in the morning or half one till three in the daylight. These kinds of organizations are generally placed in a church or society hall, which are not necessarily made for the use of children. The employees are generally parents themselves but the individual in charge of the organization should have a level three childcare qualification. The area in which the organization is located may not have an outside area for the kids to play out in, the organization should also follow the EYFS prospectus where kids will learn through play and the gap may also be often inspected. The major aim of a mother and toddler group is to grants short term care of little children to give a parent or care a little time to themselves and also to give little children motivation and also play and communal opportunities. Another major aim is to get children prepared for school or nursery. A Private sector is a sector where people disburse extra to try and get the finest of their childs learning or health and also their personal. They provide all breakfast, meals, dinner and tea with also snack; they moreover have sleep facilities, inside and outside play areas for kids to play in. The building may not be intentionally being built for the kids but will be adapted for the kids to grant their size facilities. All the members of employees will completely qualified, managers and room leaders must be at least level three or level two trained. They will also check the building and the employees to check if it is safe and also to ensure if they are subsequent EYSF curriculum. The aim of a private day kindergarten is to provide protected and secure environment for kids to keep them from injury for children in absence of parents or care and moreover to provide opportunities of learning for every child and to maintain their learning. Independent sectors are companies with more independence to organize their provision. Their services may not rely on Government funding and does not need to follow the EYFS or the National curriculum. Though the service may be OFSTED checked to ensure childrens welfare requirements are being met. Service of independent provision includes independent nurseries and schools. The multi-professional approach team is prepared up of a lot of unusual agencies; they are agencies including schools and teachers, hospitals and doctors, social workers, police and many supplementary. They all work jointly to help parents and kids to stop awful cases such as child abuse, death etc. Task-3 3.1 Explain how to plan curriculum activities which promote learning The E.Y.F emphasizes a personal and individual approach to learning; this is because all kids develop at their individual rate and learn in remarkable ways, come from unusual backgrounds whether communal or religious and therefore have unusual needs and interests. Sensitively children come in unusual packages, some children may seem self-sufficient and confident and Practitioner may be misled into judging that they do not need as a lot attention as the kids who express their sentiments regularly and through for Practitioner attention on a normal basis. This hypothesis would be wrong all children should be giving Practitioner individual attention, how else can Practitioner plan properly for their needs and welfares. The E.Y.F was introduced to include child-minders, pre-schools, after school societies and nurseries to deliver a program that includes personal, social and expressive development, expressive arts and design, physical expansion, literacy, communications and languages, math ematics and at last understanding of the world. The entire areas of learning are included into the exceptional child, affirmative relationships, facilitating environments and learning and development. Practitioner have also included the Welfare Requirements these are worldwide and all setting must meet up often guidelines in learning and caring for children. Scotland and Wales follow related guidelines but with their individual structure to incorporate cultural and learning theories believed to signify their individual countries interests and needs. The E.Y.F wants people as practitioner to perceive each child as exceptional. To do this Practitioner need to observe each kid and make observations so that Practitioner can see a sample of the child’s happiness and how they are rising to see if they are within their age and phase of development and if essential how to plan suitably to be able to see where they are contained by the developmental procedure. There are three sorts of planning: long Term, medium Term and short Term. 3.2 Assess the effectiveness of different approaches to planning learning opportunities 3.3 Consider methods of involving parents and other professionals in reviewing assessments and plans Multi professional approach permits professionals share understanding about a family requirements so that the parents do not have to ask the similar questions over and once more. The professionals are conscious of each other’s roles in sustaining the family so that incompatible advice can be minimized. It is necessary that each agency converses well and understands not only their role and tasks but the others agencies also. A multi-professional or multi-disciplinary team covers many aspects of team work and includes: Empathy seeing somewhat from another person’s point of vision Interpersonal expertise how to converse and respond to others, interface with parents, colleagues and children Reflectivity how reflective has it been, development activities, developments etc Interest focusing training, evaluate articles, maintain curiosity in the job etc Flexibility and frankness new thoughts and initiatives, latest government legislation, the modes children learn. Trustworthiness being added on at all times. Emotional solidity Not becoming too involved and sentiments clouding judgment. Communication is extremely important implement for practitioners and multi agency groups and it is imperative that they converse well. These includes, Notice boards Diary boards Letters Emails Phone calls Team meetings Written communication and a brief record of reports or meetings are also necessary. The practitioner ought to also assess their own learning and act. This can be done throughout ‘Professional progress and planning with the line manager and others practitioners. For illustration: Share cases of practitioner’s practice Get initiatives of other practices Visit other performances and observe, converse Ensure practitioners keep up to date with recent practices Reading articles in magazines, books, training etc Internal or external guidance Supplementary qualifications etc Observe children or observe other practitioners Planning child’s next steps Attempt new things Task-4 4.1 Analysis the key issues in ensuring that assessments are objective and valid The professionals are conscious of each other’s tasks in sustaining the family so that contradictory advice can be minimize. It is important that each agency corresponded well and realizes not only their role and everyday jobs but the others agencies too. Parents or guardians are the most essential people in a kid’s life, and recognize the value of this. Practitioner has a conscientious role that involves sharing concern of the child with parents or guardians; listen to parents or guardians, as they are the ‘specialist’ on their child. Partnerships with new agencies help children. For example, speech and language analysts for children with language and hearing complexities. This could include sign language or English as a succeeding language. Bereavement management play counselor, educational psychologist to evaluate behavioral needs and get about positive behavior in a kid. Sensory injury such as limited vision, hearing disorder or speech problems. This is to make sure that all the needs of the individuals or children are assembled and they grow to their complete potential. These partnerships do have a significant role to play in making sure that childrens skills and learning are exploited. The multi-professional approach team is completed up of a lot of dissimilar agencies; they are agencies counting hospitals and doctors, schools and teachers, police, social workers and many extra. They all work jointly to assist parents and children to prevent tragic cases such as loss, child violence etc. 4.2 Reflect on the role of the practitioner in meeting children’s learning needs An Early Years Practitioner would be to help with the improvement and care of children and he or she may be responsible for organizing a room and ensuring that policies and actions are being followed and documented. Practitioner would have to provide for their needs as little kids; developmentally, socially and physically. This would be ensuring that Practitioner is promoting and keeping healthy surroundings for all kids. It is also essential that Practitioner gain knowledge by experiencing and educating from the experiences of others. Practitioner would have to enables kids to reach their complete potential and to work inside the Children Act and home guidelines, legislation and values and ensure that Child Safety policies and processes are adhered to at all periods. Practitioner would have to arrangement and prepare stimulating play opportunities that meet up the childrens developmental requirements and stimulates their knowledge. Practitioner would also have to create and maintain affirmative relationships with the kids and their families in a mode that values parental attachment and to provide a service that greetings child’s life occurrences and celebrates variety in terms of culture, language, skill, race and religion. Practitioner would also involve in supervision and personnel development procedures in support of individual development and to start training as proper to meet any changes in principles or proper legal necessities as required. Conclusion Reflective practice is an essential aspect of functioning with young kids which grants practitioners with the verification to form judgments about their role and contribution into the education cycle. Experience is the most essential issue and to recognize that as a latest ‘trainee or latest ‘nursery nurse, Practitioner dont know everything. That Practitioner learn by experiencing and educating from the practices of others.

call centers :: essays research papers

Call Centers -- RP's Emerging Sunshine Industry The call center service has been dubbed the country's latest sunshine industry, expected to generate around 24,000 jobs in the next two years. When a door closes, a window opens. Even as the Philippines feels the fallout from the global IT crunch, it has benefited from the prevailing cost-cutting trend in an unexpected way -- an unprecedented boom in the call center business. Indeed, the call center service has been dubbed the country's latest sunshine industry, with the sector expected to generate around 24,000 jobs in the next two years, according to Toby Monsod, former assistant secretary of the Department of Trade and Industry (DTI). "It's a very promising industry. Everybody's growing and hiring," Benedict Hernandez, Contact Center Association of the Philippines (CCAP) chair, said in a recent interview. From 2000 to 2001, the segment reportedly grew by more than 200 percent, and local call center revenues are projected to increase from $173 million in 2002 to $864 million in 2004. Optimism runs high as an international research group forecasts the growth of ICT-enabled services to a $200-billion industry by the year 2010, with the call center segment's share at $42 billion. Reports say that in the United States alone, there are 1.5 million call center seats that could be outsourced, and so far the Philippines has less than 10,000 seats filled, indicating the domestic industry's huge potential. What are call centers? A call center is a central customer service operation where agents (often called customer care specialists or customer service representatives) handle telephone calls on behalf of a client. Clients include mail-order catalog houses, telemarketing companies, computer product help desks, banks, financial service and insurance groups, transportation and freight handling firms, hotels and IT companies. The size of an operation is described in terms of the number of "seats." A seat consists of a station with two or three people alternating in several shifts to provide 24-hour call center service. The industry's main target markets include the United States, Australia and the United Kingdom. Many factors contribute to the local industry's sizzling development pace. One is the rising cost of doing business in industrialized countries like the United States, forcing foreign companies to downsize and outsource peripheral e-services to developing countries like the Philippines to cut overheads. CCAP president Jose Ferreros also cites the better power and telecommunications infrastructure, competitive labor cost in terms of quality and value for money, and strong government support for ICT-related industries.