Analysis of Case Study Related To the Organization-Free Samples

Question: What Is The Analysis Of The Case Study Related To The Organization? Answer: Introduction In the given case study, the general manager of the company, Kam Sunshine had approached Maria Mars, the accountant of the company i.e. Sunshine Limited. The main intention and motive was to make several alterations in the profits that are incoming within the business organization. Due to above scenario, the accountant Maria has entered into a dilemma as she has a concern towards getting her contract renewed. Even after knowing the unethical nature of the approach, Maria had changed the method of depreciation. The method was changed from straight-line method to the sum-of-years-digits method. The discussion related to the transparency, integrity and objectivity of Maria have been discussed along with the changes in the depreciation methods for getting into conformance with the organisational requirements and AASB 116. Ethics and governance McLaney and Atrill (2014) had stated and discussed that ethics is about the moral values and it has to be done without any force. The ethical values involved increase the users confidence and the upholding of the work levels along with the quality of the work. The following concerns related to ethics and authority of the company is discussed below: Deficiency of transparency and integrity There has been lack in the integrity and transparency on the part of the organization towards the shareholders of the company. The stakeholders of the company have a right to have the knowledge about the profitability condition of the investments made in the company. The changes related to the profits and productive condition of the business investments helps in the ascertainment of knowing about the continuing of the shares in the organization. Kam Sunshine, the managers had taken unethical steps by concealing the facts of the changes to be made in the method of depreciation for creating a wrong illusion of high profits to the shareholders. Thus, the same has led to the lack in the integrity and transparency. Contravention of objectivity Kam Sunshine, the general manager of the company had abused the senior executive or management of the company. The same has been done for achieving personal benefits and in such case, the accountant has assisted the manager. The accountant, Maria had changed the methods related to depreciation that resulted in variances in the timings of depreciation. The same can result in the influence of the decision making process of the investors that can lead to variances with the actual estimations. An accountant has the liability and accountability of representing and disclosing the relevant information of the books of account along with the relevant modifications or alterations made to the report (Beatty and Liao 2014). The same had not been disclosed and reported by the accountant anywhere that has resulted in the violation of the objectivity principle. The role of the accountants in the methods of changing depreciation On the basis of the case study and its information, Maria had decided the change in the depreciation methods to the sum-of-years-digits method from the straight-line method of depreciation (Bevis 2013). The objective of Maria to use the alternative method of depreciation was the minimisation of the profitability level in the two years upcoming for the transfer of the same to the years 2018 and 2019 and the same is illustrated below: Cost of asset $500,000 Useful life 5years Salvage value $50,000 Straight-line method of depreciation Therefore, Straight-line depreciation = ($500,000 - $50,000)/5 = $90,000 Sum-of-years-digits method of depreciation Therefore, Sum-of-years-digits = n (n + 1)/2 Sum-of-years-digits = 5 (5 + 1)/2 Sum-of-years-digits (SYD) = 15 Years Depreciable base Left over useful life SYD Applicable percent Yearly depreciation 1 $450,000 5 5/15 33.33% $150,000 2 $450,000 4 4/15 26.67% $120,000 3 $450,000 3 3/15 20.00% $90,000 4 $450,000 2 2/15 13.33% $60,000 5 $450,000 1 1/15 6.67% $30,000 Statement showing variation in deprecation Years Straight-line depreciation Yearly depreciation (SYD) Variation 1 $90,000 $150,000 ($60,000) 2 $90,000 $120,000 ($30,000) 3 $90,000 $90,000 Nil 4 $90,000 $60,000 $30,000 5 $90,000 $30,000 $60,000 From the above, we can see that the depreciation amounts would increase in the earlier years while the same would decline in the upcoming years. Thus, Maria has kept her words by keeping the profits stable over the years owing to the decline of the charges of depreciation over the years. Stakeholders The stakeholders constitute and take into account the group, individuals or the organizations that have an interest or concern with the other organizations. The major stakeholders identified in the company Sunshine Limited are discussed below: Customers The external shareholders that the company Sunshine Limited needs to consider urgently are the customers of the company. The customers must be retained and developed by maintaining loyalty and thus ensuring the financial success of the organization for the long term. The business organizations are considered the customers who purchase the products for the commercial use in the case of the business-to-business firms. The trade resellers are concerned in straight selling to the retailers or wholesalers. On the other hand the end customers need to be considered in addition to the stakeholders (Christensen et al. 2013). Partners and suppliers The other major and critical stakeholders constitute the partners and suppliers of the business among the competitive modern competition. There is a development in the relationships among the associates and suppliers of the company. The loyalty and links with the partners and supplier will possibly lend a hand to the company for the development of the general objectives, goals and the vision that has been shared among the partners and suppliers. The partners are expected to keep a good reputation and maintain loyalty for maintaining the trust of customers and also increasing the overall value of the organization (Crawley and Wahlen 2014). Communities and government The external stakeholders that are also majorly associated with the organization constitute the government and communities. The companies have a link and functioning with the communities that leads to an influence much beyond the customers. There is a common expectation that the residents are paying the taxes as per the incurrence. Additionally, the society has an expectation that the organisations have an association with the provision of charity. The decisions undertaken by the government authorities can affect the operations of the company that must be maintained by Sunshine Limited and its managers. The maintenance must be done for creating strong and effective associations with the local officials for the estimation of the changes in the regulations and development of the community that can affect the operations of the company. Creditors The creditors of the company involve the lenders that are approached to fund the business venture and for the purchase of the assets together with the suppliers. The financial institutions like the banks assist towards the provision of the loans for heavy investments like the acquisition of the new building. The organization can obtain the required funds and provide the same at the later point of time. The company and the management of the Sunshine Limited are expected to pay off the payments and meet the deadlines with consistency and appropriate manner. The same will help in the improvement of the links and relations among the creditors for increasing the potentiality of the attainment of the funding in the long term. Accountant The accountant has a responsibility of maintaining the books of accounts and in the given case the same has been done by Maria Mars. She had made a contribution in recording the data and prepare the statements and reports and also changing the profits from the years of 2016 and 2017 to 2018 and 2019. General Manager A general manager has a responsibility and accountability of undertaking proper decisions and thus improving the overall performance of the organization. In the given case, Kam Sunshine was identified as the general manager for the company. Shareholders The investors of the company Sunshine Limited for earning business profits against the shares hold are recognized as the most important shareholders of the business organisation. Impact of AASB 116 Kam had requested Maria to find ways to reduce the profits for the years that would be starting from 2016. Kam wanted to attract the faith and loyalty of the investors and shareholders towards the company. The AASB standard 116 has a relation with the property, plant and equipment and has an application from the years starting on or after the 1st July 2009. The standard has an intention towards the provision of the specifications related to the accounting of the property, plant and equipment. The accounting for the property, plant and equipment carries along major issues and concerns that are related to the ascertainment of their carrying amounts, realisation of the assets, realisations of the impairment losses and the modifications in depreciation (Henderson et al. 2015). In the given scenario or case, Maria Mars the accountant has carried on the modifications in the methods of depreciation i.e. from the straight-line method to the sum-of-years-digits method. The accountant carried on the concept that the depreciation methods distribute the cost of the tangible asset over the useful life of the assets. The business organizations have an engagement towards the depreciation of the non-current assets and fixed assets for the purposes related to both the accounting and tax-related purposes (Van Mourik 2014). Both of them have an impact on the net income or balance sheet of the business organization and the cost is initially apportioned in the form of depreciation expenses among the expected utilisation period of the asset. The method of depreciation i.e. the sum-of-years-digits method is a method and technique that is used in the computation of the depreciation of an asset and the formula is as under: The method of SYD is carried under the preparation for the reflection of the consumption pattern of the major asset. Additionally, the same is used in the non-existence of any particular patterns in case where the same gets utilised along the years. The method of straight line depreciation takes steps in charging the costs in a uniform manner over the useful life of the non-current assets. The method is effective and efficient as it creates an economic realisation from the asset that is anticipated to be uniformly recognized over the useful life of the asset (Weil et al. 2013). The company Sunshine Limited is an outsized departmental store. A group of associates carry out the decisions collectively developed on the rules at the moment of founding of the organisation. Therefore, the manager Kam Sunshine has gone against and violated the policies of the organisations. He has undertaken his own major decisions that have created a direct impact on the financial statement of the business organizations. Furthermore, in the given case, the eventual judgment is desired to be revealed to all the associated stakeholders with the business organisation. Therefore, from the above discussions it can be analysed that the activities of the accountant, Maria Mars has not acted in accordance with the necessities of the standards contained under the AASB 116. Conclusion The above discussions and analysis helps in the stating of the actions of the manager towards the manner of approaching of a member of staffs. It also helps in making the suggestions towards the changing in the depreciation methods that has a major influence on the code of conduct and ethics and governance related with the business organization. On the other hand, the accountant of Sunshine Limited Maria has carried on the activities fearlessly, towards the contract renewal and gaining negative feedbacks for the behaviours. From the above analysis, it can be noted that the profits will remain fixed and stable with the advent of the change in the methods of depreciation over the years. On the other hand, the same does not have conformity with the AASB 116 standard, as there has been no disclosure of the changes in the method among the financial statements of Sunshine Limited. References List Aasb.gov.au., 2017. [online] Available at: https://www.aasb.gov.au/admin/file/content102/c3/AASB116_07-04_ERDRjun10_07-09.pdf [Accessed 24 Apr. 2017]. Beatty, A. and Liao, S., 2014. Financial accounting in the banking industry: A review of the empirical literature.Journal of Accounting and Economics,58(2), pp.339-383. Bevis, H.W., 2013.Corporate Financial Accounting in a Competitive Economy (RLE Accounting). Routledge. Christensen, T., Cottrell, D. and Baker, R., 2013.Advanced Financial Accounting(No. 2013). McGraw-Hill. Crawley, M. and Wahlen, J., 2014. Analytics in empirical/archival financial accounting research.Business Horizons,57(5), pp.583-593. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.Issues in financial accounting. Pearson Higher Education AU. Van Mourik, C., 2014. Fundamental issues in financial accounting and reporting theory. Routledge. Weil, R.L., Schipper, K. and Francis, J., 2013.Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.

Pride free essay sample

On a breezy Saturday morning in mid-June, I rose from my dorm room bed and boarded an â€Å"El† train from Evanston to Boystown, a historically LGBT neighborhood in Chicago, with the hopes of experiencing my very first Pride Parade. I was attending a two-week seminar at Northwestern University, and I was offered a chaperoned trip to Chicago Pride with a small group of other students. For me, everything was new – the people, the college campus, the seminar-style classroom – and this unfamiliarity sparked a bravery in me to do something I had always longed to do, to experience my queerness in an entirely new way. Our train dropped us and a car full of other excited parade attendees a short walk from where the parade would begin. Growing up in a privileged, conservative suburb, I felt a certain sense of ownership of the city – but only the parts I had seen on holiday excursions and school trips, like the Sears (never Willis) Tower, the museums peppered along Lake Shore Drive, and the freezing beaches of Lake Michigan. We will write a custom essay sample on Pride or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Boystown was completely foreign to me, but the sheer concentration of pride flags and memorabilia dotting the surrounding shops and apartments delighted me beyond words. We were able to snag a spot next to the fence barrier at the curb. Just before the parade began, I could feel the anticipation in the crowd – two weeks after the nightmarish Pulse Nightclub shooting in Orlando, and with recent news of threats and increased police presence at Pride events nationwide, there was a sense of uncertainty of what this year’s Pride celebration would entail. And then the parade began. The first of the marchers made their way down the street – slowly, somberly, making no sound. There were 49 of them. Dressed in all white, wearing long skirts, feathered wings, and even pipe-cleaner halos, they held posters each bearing a picture and name of a victim killed in the Orlando shooting. With their arms outstretched, tears spilled from the eyes of every marcher and spectator. Hundreds of people lined our small section of street, but none said a word. We shared this moment of grief and loss, this reminder to stand steadfast against every hateful force that ever had the opportunity to hurt us. That feeling of unity was electrifying. Long after the parade had ended, the 49 marchers dressed in white still marched through my mind. The feelings of hatred, fear, and the phrase â€Å"it could have been me† that had cartwheeled around inside every queer person’s brain after the shooting all resurfaced. I felt the overwhelming need to turn my grief into creation. As a writer and a storyteller, I took these feelings and created short films, wrote poetry – anything I could to break the silence left by the fear we all held in our hearts. I’ve loved writing and creating for as long as I can remember, and where my love of storytelling and my experiences as a queer person intersect is where I feel my identity truly lies. My desire to create keeps me going, and the voices of those left behind by fear and hatred inspire me to demand that my voice is heard. It is difficult to explain why I write and why I create without mentioning this connection to my identity. My journey of discovering who I am and what I stand for, while certainly not over, is something that is not quantifiable on the scale of a grade point average and cannot be represented by my mark in academia. I am dedicated to telling the stories of people both like and unlike me who cannot tell stories of their own. These stories, to me, are more important than anything.

Free Essays on High Tech Forensics

High- Tech Forensics High-Tech Forensics is a really big issue of today’s society. Looking to solve crimes, or at least find information using high-tech forensic work has bloomed over a vast period of time. Nearly every litigation matter now requires attorneys to conduct electronic discovery. This gives clients a unique advantage inside and outside the courtroom. Being that high-tech forensics is a combination of both forensic science and computer science, the forensic examiner is in many cases very important. The potential growth for computer forensics work has inspired many people and is very essential for businesses. Big corporations and law enforcement agencies such as FBI and big city police departments have computer forensics experts on staff. Along with the advantages of high-tech forensics comes it disadvantages. The introduction of the computer in 1981 and the resulting popularity came with a mixed blessing. Society in general benefited but at the same time so did criminals who used pers onal computers to commit crimes. Today personal computers are used in every face of society as in to send and receive messages, compute financial results, transfer funds, purchase stocks, make airline reservations, access bank accounts, and to lookup any source of worldwide information on essentially any topic, which as time has pasted have resulted in fraud and identity theft.... Free Essays on High Tech Forensics Free Essays on High Tech Forensics High- Tech Forensics High-Tech Forensics is a really big issue of today’s society. Looking to solve crimes, or at least find information using high-tech forensic work has bloomed over a vast period of time. Nearly every litigation matter now requires attorneys to conduct electronic discovery. This gives clients a unique advantage inside and outside the courtroom. Being that high-tech forensics is a combination of both forensic science and computer science, the forensic examiner is in many cases very important. The potential growth for computer forensics work has inspired many people and is very essential for businesses. Big corporations and law enforcement agencies such as FBI and big city police departments have computer forensics experts on staff. Along with the advantages of high-tech forensics comes it disadvantages. The introduction of the computer in 1981 and the resulting popularity came with a mixed blessing. Society in general benefited but at the same time so did criminals who used pers onal computers to commit crimes. Today personal computers are used in every face of society as in to send and receive messages, compute financial results, transfer funds, purchase stocks, make airline reservations, access bank accounts, and to lookup any source of worldwide information on essentially any topic, which as time has pasted have resulted in fraud and identity theft....

Acid Rain Science Fair Project Ideas

Acid Rain Science Fair Project Ideas Looking for creative science fair projects? Acid rain is an important, interesting topic. Acid rain (pH less than 5.0) is rain that is more acidic than normal (pH greater than or equal to 5.0). Rising to prominence in the 1960s when Scandinavian lakes became too acidic resulting in fish deaths, acid rain was traced to pollutant emissions from western and central Europe. Today, acid rain is a ubiquitous dilemma that is a serious issue in portions of North America and eastern Canada. Science Fair Acid Rain Project Ideas Explain how acid rain started.Show the rain cycle.What is the major cause of acid rain?How do we combat acid rain? What happens if we dont? Link Resources About Acid Rain What is Acid Rain?  - Article from the EPA includes a detailed diagram of the acid rain cycle.Environmental Protection Agency: Acid Rain Program  - Includes a copy of current laws and regulation.Acid Rain and Plant Growth  - Experiment developed concerning plant growth and acid rain. Recommended Books for Science Fair Projects 365 Simple Science Experiments with Everyday Materials -  The fundamentals of science are brought to life in a years worth of fun and educational hands-on experiments that can be performed easily and inexpensively at home. People who have purchased this book have called it easy to understand and great for the student who needs a project but they arent really interested in the sciences. The book is for both young and older students.The Scientific American Book of Great Science Fair Projects - From creating your own non-newtonian fluids (slime, putty, and goop!) to teaching a sow bug how to run through a maze, youll be astounded at the number of incredible things you can do with Scientific American Great Science Fair Projects. Based on the long-standing and well-respected Amateur Scientist column in Scientific American, each experiment can be done with ordinary materials found around the house or that are easily available at low cost.Strategies for Winning Science Fair Projects - Wri tten by a science fair judge and an international science fair winner, this must-have resource is packed with strategies and pointers for putting together a winning science fair project. Here youll get the nitty-gritty on a wide variety of topics, from the fundamentals of the science fair process to the last-minute details of polishing your presentation. The Book of Totally Irresponsible Science: 64 Daring Experiments for Young Scientists - Introducing 64 valuable science experiments that snap, crackle, pop, ooze, crash, boom, and stink! From Marshmallows on Steroids to Home-Made Lightning, the Sandwich Bag Bomb to Giant Air Cannon, The Book of Totally Irresponsible Science awakens kids curiosity while demonstrating scientific principles like osmosis, air pressure, and Newtons Third Law of Motion.

Collective and Distributive Power of the United States Assignment

Collective and Distributive Power of the United States - Assignment Example America enjoys a power in the international system that is indispensable as the state wishes to take their leadership responsibilities as well as share the burdens of others. Thus the country of America enjoys both collective as well as distributive powers. (Simone, 2000, p 39) The United States of America play an important leadership role in the policies regarding the international trade. Thus the paper aims at evaluating the role of the country in international trade. Trade relations existed among economies from the period of Mercantilism in the world economy. The large economies of the world have always been dominating the small economies in their economic interaction in terms of trade. One main instance that reflects the dominance of the United States in the dealings of international Trade was the signing of the conditional MFN clause in the year 1778 between the United States and France. The equality of the privileges enjoyed in the market was to be ensured by the treaty. However, the clause held by the US was the main factor responsible for destroying the equality in the market. (Trebilcock & Howse, 2005, p 50) In the period following the Second World War and the establishment of universal balance in the economies of the country, that is, after such a huge disturbance, there had been a significant increase in international trades. In order to conduct the liberalization of the world economies in a systematic way, a certain agreement was planned to be signed between the nations participating in international trade. This gave rise to the General Agreement on Tariffs and Trades, which was followed by the establishment of a general governing body for monitoring the international trade, namely the World Trade Organization. The main aim motive behind the formation of GATT was to avoid the difficulties of the policies of imports and exports of individual countries prevalent before the Second World War. An overall policy for all member countries participating in international  trade was the main aim.  

Apply knowledge gained pertaining healthcare services in the US, users Coursework

Apply knowledge gained pertaining healthcare services in the US, users of health information, information systems, and their use - Coursework Example While the duration of the patient stay continues to shorten therapies that were traditionally completed in the acute care setting are performed at home (Advanced care Inc, 2012). Finishing a course of intravenous antibiotic therapy used to be a rational for hospitalizing patients and this is not the case anymore. As long as the patient is steady, a peripherally inserted central venous catheter is placed and the patient is sent home with the catheter. Arrangements for the client are also made for them to get and complete a therapy at home. As both a licensed and a joint accredited infusion pharmacy, Advanced Care Inc makes the patient comfortable and safe at home. Advanced care Inc understands its requirement for exceptional healthcare. It pays great detail and excellent care as the home infusion specialists. This is a company owned by nurses and this makes its concentrate on the patient’s wellbeing. The company also commits itself to advanced patient care by offering both nurs ing and pharmacy services. The company’s main objective is to put the needs of the patients first and not profits. With the company’s experienced pharmacy staff and nursing staff, it continues to develop to meet the needs of insurance companies, physicians, hospital discharge personnel and individual patients. Infusion therapy involves the administration of medication through a needle or catheter. It is prescribed when a patient’s condition is so severe that it cannot be treated effectively by oral medications. Typically, â€Å"infusion therapy† means that a drug is administered intravenously, but the term also may refer to situations where drugs are provided through other non-oral routes, such as intramuscular injections and epidural routes (into the membranes surrounding the spinal cord). Diseases commonly requiring infusion therapy include infections that are unresponsive to oral antibiotics, cancer and cancer-related pain, dehydration, gastrointestina l diseases or disorders which prevent normal functioning of the gastrointestinal system, and more (Advanced care Inc, 2012). Other conditions treated with specialty infusion therapies may include cancers, congestive heart failure, Crohn’s Disease, hemophilia, immune deficiencies, multiple sclerosis, rheumatoid arthritis, and more. Home Infusion Therapy Until the 1980s, patients who used to get infusion therapy had stay in the setting of inpatient for the period when they got the therapy. Amplified importance on cost-containment in healthcare plus expansion in the administration of clinical therapy, led to approaches of administering infusion therapy in alternate settings. For individuals who need long-term therapy, in patient care is not just extremely costly, but also averts the individual from recommencing normal work activities and lifestyles. Home infusion has been confirmed to be efficient and safe to inpatient care for a number of therapies and diseases. For most patien ts, getting treated at home or outpatient infusion group setting is appropriate for the care of inpatient. A number of providers of therapies of home infusion work on more than one ambulatory infusion suites that are preferably meant for some situations of patient therapy. A provider of infusion therapy is usually a closed door pharmacy that provides infusion therapies at the comfort of the home. Demographic Information Patients of all ages and races visit the hospital on a regular basis. These patients include patients aged between 13 years up to 30 years. Patients aged 30

The US intervention in Korean War Essay Example for Free

The US intervention in Korean War Essay The US intervention in the Korean war was caused entirely by the aggressive behaviour of N. Korea. How far do you agree with this judgement? The true reason as to why the US intervened in the Korean war has created a lot of conflicting answers from many historians. The aggression behaviour of North Korea inherently contributed into US intervention. Historians believed that this was another event in a civil war that had been raging since Korea had been divided. Kim Il Sung was seen by Stalin as someone who is capable to destroy left wing factions in the north and his ability to unite the people under a communist leadership. On 25th of June 1950 North Korean invaded the south in a clear act of invasion which quickly brought the attention to the US. It is arguable that the Americans, keen on human rights and democracy, provided military assistance to Syngman Rhee in the south in order to stop further expansion of communism. One of the reasons why the Americans urged to stop the spread of communism is due to the pressures from home. The red-scare started by McCarthy threatened Trumans popularity as the peoples president. He was accused of supporting communism and employing closet communists under his administration. The fact that North Korea invaded the south provided the perfect opportunity for Truman to take action and convince the public that he was no more communist than they were. He assisted South Korea in a war against the ideology of communism. Whether or not Truman fought the war out of priniciple is arguable, however it is more likely that he used democracy and the human rights as a way to protect his presidency by gaining faith from the public again. The fight against communism had domino effect to the other SEA countries as well. If the whole of Korea were under the rule of communism, consequently other SEA nations would fall in Soviet sphere of influence. The security of Japan was particularly important to the US because she wanted a strong area of influence in the Pacific. IT was essential for Japan to maintain as a regional democratic power in South East Asia so that it would provide a bulwark to the spread of communism in SEA and inform the USA on checks on Soviet influence. Korea is only 160 km from Japan, if the whole of Korea fell into the hands of communism, Japan would be the first country affected which would create a domino effect towards the other SEA countries. If all the region of Asia is under the influence of Soviet, America would lose her superpower stature and diminished all ties and faith from other nations such as Western Europe.