Harvard Essay Samples and How to Write an Essay

Harvard Essay Samples and How to Write an EssayAs many aspiring writers are finding out, writing an essay is not an easy task. But, there are a few common mistakes that many students make when they begin to write their own essay.It is important to start your essays at the top of the page, rather than writing them from the bottom. This keeps the reader focused on the main point of the essay and makes it easier to absorb everything that is being said.It is also important to remember the word count on your essays. Writing too much can slow down the process of completing your essay, as well as give you very little free time. If your essay is too long, you will run out of time to do other things in life, such as work, or simply think about yourself!Most colleges and universities do not require any grammar or spelling correction on your essays, but you can also find some assistance from some writing programs that offer services to fill in these areas with filler sentences. These services i nclude the common sentence constructions like 'for example'as if.' These sentences will save you time, but don't necessarily make your essays look good.Don't make the mistake of just writing a few paragraphs to summarize the main point of your essay. You should spend a few minutes more on this section so that the reader will be able to get a good idea of what your essay is all about.Finally, when you are finished, summarize your essay in as many sentences as possible, so that you can tie it together into a powerful statement of your own ideas. Using fewer words will give you more free space to work with, which can help you get an easy sentence count, and make your essay easier to read.Harvard essay samples, as well as those from many other college and university, can be found online, in bookstores, and in many other places where books and literature are sold. Just make sure that you get a few practice essays with your handbook to learn the basic skills of writing a good essay before you put pen to paper.

Relationships Affected By Media - 1112 Words

The media The media can come in many forms. From social media, magazines to Television. Although there are fundamental differences the core purpose of all media is communication. Whether it be to inform, entertain or advertise. Communication Communication comes in many forms as well. For example: written or spoken communication. These all involve the the exchange of information through different medias. In order for communication to be carried our correctly, understanding must be accomplished which in turn effects your relationships. Relationships Relationships refer to interaction between yourself and other people. There are many types of relationships. For example: Casual, filial and romantic relationships. The following†¦show more content†¦Some magazines however do provide us information in order help us understand our partner based on gender and age. Reading the newspaper, or watching CNN makes people base most of what they think they â€Å"know† about people on accounts made by other people. For instance: Watching a business story explaining the WhatsApp deal. The reporter will explain the outcome of the deal and show press conferences with all the major stakeholders. Afterwards, there will be an in depth analysis by â€Å"experts† who describe how such deal could take place. People take this â€Å"advice† and use it in the real world to communicate and forge deals of their own. However, people thus do not base their decisions they make in relationships on experience but rather what they see on TV News Channels sometimes censored by a government. Relationships in business should be based on integrity and respect. Not on self gain and â€Å"get rich fast† as most news media propose. News agencies are able to indoctrinate us into what they call â€Å"correct† business relationship values. With news media being able to influence people so easily they also have the ability to eradicate social and moral evils from a society, such as: Racism. In which they get people to understand each other and force good values and beliefs like acceptance and equality. Music media is one of most prevalent (after Television) in an adolescent’s life. Later on, after development a person will chose to likeShow MoreRelatedHow Has Social Media Affected the Relationship Between Celebrities and Fans?1990 Words   |  8 PagesHow has social media affected the relationship between celebrities and fans? These days it seems that the Internet, a post-modern medium, something so complex and vital to our society as being reduce to a mere antiquity of personal feuds and interactive relationships (or at least the satisfaction of what seems like a relationship) between people. The rise of social media applications like Twitter and Facebook allows people to voice their opinions to wider audience, creating a pluralist, postmodernRead MoreCommunication : A Essential Component Of A Healthy Social Lifestyle1415 Words   |  6 Pagessuffer when interviewing for a job, getting and maintaining a healthy relationship, and any other kind of interaction that includes an actual conversation† (Free, Jack). Activities such as texting, using social media, and using general technology, hinder the required social skills that people need. Texting is currently the most thriving communication method that people use; however, this way of communication has negatively affected the general public’s social skills. Texting reduces the need for in-depthRead MoreSocial Media And Its Effects On Society1166 Words   |  5 PagesSykes, a fiction author states. Oxford Dictionary defines social media as â€Å"a variety of websites and applications that enable users to create and share content or to participate in social networking† (Oxford Dictionary Online). In this technological age, it is apparent that social media has become the main gateway to connect and interact, not only with our friends and families but also with the world around us. Using social media, including social networking sites, is now an essential part of everyone’sRead MoreSocial Medi Effects On Relationships1178 Words   |  5 PagesSocial Media: Effects on Relationships Social media has affected culture in many ways, mostly relationships. People who are affected by the change in their culture do to society, don’t realize the change that has occurred. Over the years social media has drastically increased and plays a huge role within relationships causing insecurity. Dating sites like EHarmony, Christian Mingle, and others have grown in popularity. Not only have the dating sites become more predominant, there are even ways toRead MoreSocial media affects people’s daily lives. Think about how social media has affected your life.800 Words   |  4 PagesSocial media affects people’s daily lives. Think about how social media has affected your life. Many people that interact with technology do not realize how much Facebook and Twitter have affected their own lives, so they surely do not realize how much it has affected a business’s marketing structure. Bill Bowerman, once a head coach at the University of Oregon, and Phil Knig ht, a long distance runner once at the University of Oregon, paired up to start making athletic shoes. They first started workingRead MoreSocial Networking And Its Effects On The Life Of The Youth1115 Words   |  5 Pagessocial networking is affecting the life of the youth. Social media is the collectivity of online communications that allows users to create a profile, upload images, videos, and share memorable moments with friends and colleagues. Since this phenomenon was created, it has been a revolutionary medium that has affected every country and age group around the world. Although some may say that the changes it has caused are positive , Social Media has evolved to be one of the greatest factors of social isolationRead MoreThe Impact of Media on Society853 Words   |  3 PagesHow much of an impact does the media have on your life? How many hours do you spend on the phone, watching television, or browsing the internet? Whether you choose to believe it or not, the media pl ays an enormous role in our everyday lives, and its impacts continues to stretch as technological advancements and other innovative creations come into place. One of the largest groups that the media affects, we fear is our children. As media continuously grows and undergoes changes, more and more childrenRead MoreRelationship Between Attitude And Behavior And Facebook Usage1338 Words   |  6 PagesA different study conducted by Pavica Sheldon, a communication arts Assistant Professor at University of Alabama in Huntsville, evaluated the relationship between attitude and behavior and Facebook usage. Sheldon’s study revealed that of the 327 surveyed, those who used Facebook participated more often in social activities than their counterparts (Sheldon 1962). It also showed Facebook users sought after creating experiences and were more susceptible to boredom (Sheldon 1962). This may be due toRead MorePhysical And Relational Aggression Within Relationships Around The World845 W ords   |  4 Pagesand relational aggression within relationships around the world is depressingly widespread. Many people will be quick to attribute this to the large spectrum of violence being shown on media to everyone. Research has shown that being exposed to physical or relational aggression from any form of media can possibly have an impact of one’s likelihood to engage in such behavior. However, these explorations rarely look at the subject in the context of romantic relationships. In this research paper, CoyneRead MoreEssay on Film Analysis: Beautiful Mind1418 Words   |  6 PagesIn summary, majority of movies and popular entrainment media sources portrays people with schizophrenia as violent and with homicidal and suicide thoughts. In addition, most characters in these media sources are portrayed as Caucasians, males, and with supernatural abilities (Gaebel, 2011). In the movie A Beautiful Mind, schizophrenia is portrayed as a very severe and debilitating mental condition that makes it difficult for the affected individual to think logically or behave normally. The movie

Ethics And Ethics Of Globalization - 1500 Words

ETHICS OF GLOBALIZATION Ethics are generally accepted set of rules and principles guiding the social and moral interaction among a certain group of people, society, and organization and so on, basically to tackle the issue of biasness when various parties are involved in dealings. Ethics can either be legally binding so any one who goes against is punished by law, or with the option of not being legally binding and get punished by the forces of market interaction. In an organizational setup, the basic ethical motive is profit maximization and objectivity in the interaction between the directors and stakeholders. It is widely unethical the get carried away by conflict of interest by either the directors or any of the stakeholders. Ethics basically justifies the interest of every party involved in any form of transaction. Directors might encounter some major ethical issues due to increased globalization which could be widely discussed as: 2.1 Economical ethical threats: Globalization has led to the creation of international markets where regulations are avoided i.e. poor market regulation Individual government cannot legislate or regulate in the international market as it cut across the boundary of a single country. International organization as well are relunctant to legislate over international market regulation as they will require to obtain an international agreement which will be a very difficult task. The non adequate regulation of this market , MNC tend to involve inShow MoreRelatedRelative Ethics on Globalization984 Words   |  4 Pagesthemselves and their personal gain. But it is with that selfishness that will make this world one day crumble.† In today’s world there are so many cultures that have different beliefs and standards than America. Works Cited Americas Call To Globalization. Forbes. Forbes Magazine, n.d. Web. 03 Dec. 2013. The U.S. and Intl. Response to 9/11. The Heritage Foundation. N.p., n.d. Web. 03 Dec. 2013. Violent U.S. Response to 9/11 Attacks Hurt More Than Helped* | Cross-Check, Scientific AmericanRead MoreGlobalization of Business Ethics1895 Words   |  8 Pagesâ€Å"The more one knows ethics, the more it is used and the more useful it becomes†-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like toRead MoreUse Of Computing Ethics And Globalization1602 Words   |  7 PagesPatents John Thompkins Student jthompki@uccs.edu ABSTRACT In this paper, we discuss patents as it relates to computing ethics and globalization. General Terms Your general terms must be any of the following 16 designated terms: Algorithms, Management, Measurement, Documentation, Performance, Design, Economics, Reliability, Experimentation, Security, Human Factors, Standardization, Languages, Theory, Legal Aspects, Verification. Keywords Keywords are your own designated keywords. 1. INTRODUCTIONRead MoreAnalysis Of One World : The Ethics Of Globalization Essay1355 Words   |  6 PagesPeter Singer, the author of One World: The Ethics of Globalization, wrote this book/thesis to point out all of the global economic and political problems that are plaguing our world and suggests a few solutions in the hopes that it can help turn the current state of our world in the right direction to help find answers for the long-term problems of humanity and not just rely on the short-term fixes. From a â€Å"global ethical viewpoint† he distills all of his views on the problematic nature of the world’sRead MoreGlobalization Of Business Ethics Essay1851 Words   |  8 Pagesâ€Å"The more one knows ethics, the more it is used and the more useful it becomes†-Plato, The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the top ic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like toRead MoreApple Inc. : Ethics, Leadership, Corporate Social Responsibility And Triple Bottom Line Reporting And Globalization1261 Words   |  6 PagesTitle: Apple Inc., and their success with Sustainability, Ethics, Leadership, Corporate Social Responsibility and Triple Bottom Line reporting and Globalization. I. Addressing the needs of its employees. Meeting the needs of the employees and maintaining a profit margin. APPLE priorities health to assure a presentable employee who will create a relationship with the customers assuring them a comfortable work environment and addressing their needs. For example, they are offered with health insurancesRead MoreCritique Nigel Dowers Perspective Of Ethical Development And Globalization1722 Words   |  7 PagesClimate change is related to globalization and development similarly to how economics is related to globalization and development, but with one additional step. Dower (p1. 2005) explains the relationship as follows: â€Å"globalization is an economic process involving increased international investments and trade in goods and services. Development is a process of economic growth. Globalization is the engine of economic growth. So globalization is the engine of development.† For this paper, I will useRead MoreEthical Implications Of Business Morals1647 Words   |  7 Pages (for example, agony and misery). They dismiss ethics codes or framew orks that comprise of summons or taboos that depend on traditions, conventions, or requests given by pioneers or powerful creatures. Rather, utilitarians believe that what makes an ethical quality genuine or reasonable is its positive commitment to human (and maybe non-human) creatures (Morton Winston, 2013). It is usually assumed that there is a crucial contrast between old ethics and present day ethical quality. For instance,Read MoreThe American Red Cross1243 Words   |  5 Pagesa top executive team may have unique internal strengths and ideas about its goals, it must consider external factors before taking action† (Bateman amp; Snell, 2009, p. 52). Specifically addressed will be the impact of globalization, technology, innovation, diversity, and ethics on the American Red Cross’ (ARC) management strategies. The ARC has needed to respond to diversity in not only its international efforts, in its efforts within the United States of America as well. They specificallyRead MoreGlobal Problem Solving And Morals Cross1023 Words   |  5 Pageswhich has various consequent particular zones. (Global ethics and problem solving | Nautilus Institute for Security and Sustainability, n.d.) Two are mention below. Global rules and ethical globalization The main manages the moral routine of worldwide social relations, or as a standout amongst the most critical undertakings around there edges the objective, that of moral globalization. This incorporates work by the Ethical Globalization Initiative and others taking a shot at the moral parts of

My Experience At The Military Community - 1114 Words

A normal community is a group of people that live in the same place, but my community is different as its spread out all over the world. I chose to look at the needs of the military community, as it is the only true community I have been apart during my adult life. The military community is a special group of service members and their families who have different lifestyles than most and share a unique, family like bond. For my report I chose to interview two military spouses, currently stationed in two different states, to get a better feel for what our spread out community needs. During their interviews they each gave me different, yet important answers. The first person I interviewed was Jennifer Springer, her husband has been in the†¦show more content†¦Having one curriculum for all schools on military installations would make keep education consistent and set military children up for success. Being a mother myself, I knew why this need was important, but I wanted to know why this was important to Jennifer too. When I ask her why our community needed this, she gave me a wonderful answer. She said â€Å"It’s hard moving my son to a new place every time my husband gets a new job. He needs something consistent in life, and what he’s learning should be the one thing that stays the same no matter where we are.† Military children move three times as much as civilian children, which can have a negative effect of their education. If the schools on military installations were all run with the same curriculum, the children would be learning the same thing not matter where they were. One curriculum would keep education consistent and make transitioning to new schools easier for military children. Before I ended our interview I asked her the final question, what does she think should be done about it. She said â€Å"The answer is simple, we need to change all the schools on military installations over to D.O.D.E.A. run schools. This would give the children one curriculum and the local schools districts wouldn’t have to fund the schools on post.† This idea is great, as the buildings already there and it would put more money back into the local school districts budget. The biggest obstacle to accomplish this goal is the proper

You will select a company from this list, Example

Essays on You will select a company from this list, http://fortune.com/fortune500/ and you will analyze the companys financial performance, highlighting accounting principles and methods learned in this course. This project requires you to present, review, and anal Essay Financial Analysis – Tesco PLC Financial Analysis – Tesco PLC The company selected for financial review in this report is Tesco PLC, which is ranked at 63rd position in Fortune 500 companies list. The company is one of the leading global retail companies, which has its head office in the UK and operates retail stores in UK, China, and Europe. The current report discusses basis for preparation of financial statements and the company’s financial performance using financial ratio analysis and trend analysis is evaluated. It also indicates the use of financial information by different stakeholders. To support the discussion, a review of internal controls of Tesco is included. The company records and reports its financial statements â€Å"in accordance with International Financial Reporting Standards (IFRS), IFRS Interpretation Committee (IFRIC) and the Companies Act (2006)† (Tesco Annual Report 2014, 2014, p.72). The company prepares financial statements on a consolidated basis including financials of the parent company and its subsidiaries and joint ventures and associates. It allows stakeholders to have a complete view of the company’s performance in all segments of market and business functions. The company uses historical cost method for determining values of its assets and liabilities. The company records its assets, liabilities, and equity on an accrual basis. The company to record certain assets and liabilities at their fair values uses IAS 13 â€Å"Fair value measurement†. The company record inventory of goods and properties held for sale at the lowest of their cost or fair value (Tesco Annual Report 2014, 2014, p.76). It also records sale of goods upon transfer of risk and reward of ownership to the buyer and realizes revenues generated from such transactions. There are various reporting standards such as IFRS 10, IFRS 11, IFRS 12, etc. that the company did not use that could affect its current reported financial statements (Tesco Annual Report 2014, 2014, p.79). The company’s accounting policies are helps users of financial information including creditors, lenders, tax and regulatory authorizes, and shareholders to understand basis of financial statements. It increases the comparability and transparency of financial information of different companies operating in the same or different industries. The segmental reporting included in notes to the group financial statements indicated that UK is the largest market of the company. However, the company generates highest trading margin from its operations in Asia. In addition to the company’s retail business it also operates a bank i.e. Tesco Bank (Tesco Annual Report 2014, 2014, p.80). Such information helps users to identify weaknesses of the business in different markets and explore its strategies to limit its losses. In case of Tesco, its poor performance in North America market was subjected to heavy criticism by shareholders. The company has a formal and well-defined Code of Conduct and internal policies that are aimed at protecting employees and customers of the company. The company’s governance committees ensure that the company’s operations and management comply with the Code of UK Corporate Governance (Tesco Annual Report 2014, 2014, p.19). The company has executive and non-directors on its board of directors. The company provides fees, bonuses, and share options to directors. The details of remuneration are provided in the company’s annual report. The board of directors is responsible for implementing and ensuring compliance with risk management and internal control policies and procedures. The company has a comprehensive system for estimating risks and their impact on the continuity of the business. The company’s internal control framework assigns responsibilities to individuals and business functions to deal with different forms of risks. The Audit Committee performs reg ular reviews of the company’s risk management and internal controls in order to keep these abreast to address any new issues and risks that the company may face. The company’s external auditors (PricewarehouseCoopers) review information related to the internal control and compliance with the code of to affirm going concern of the business. The disclosure pertaining to corporate governance, risk management and internal controls is useful for shareholders who have limited access to the company’s internal documents and therefore, audited information is highly valuable in order to assess the business ability to serve monetary interests of the company’s shareholders. The company’s financial performance during the last two reported years is analyzed by financial ratio and trends analyses. The company’s liquidity position measured by current ratio and quick ratio indicates weak position of the business. The values of ratios remained below one in both years. However, these are in line with the trends of the retail industry as businesses tend to hold large inventories held for sale in their stores to avoid disruptions in their supply chain. The company’s remained efficient in terms of collection of its receivables in a short period of 14 and 12 days in 2013 and 2014. However, the slow movement of inventory could be of concern for the management as it held up a large proportion of the company’s cash. The company’s asset turnover indicated that the company only generated  £1.26 and  £1.27 per  £1 invested in the company’s assets. It indicated that the company had high value of assets generating low value of sales. The management report supported this finding as the company future strategic plans are aimed at closing down large stores yielding low returns and are focused on improving the company’s online store and smaller stores network (Tesco Annual Report 2014, 2014). The company’s capital structure indicated that the company had a high level of external borrowing. Total debt ratio values were 2.01 and 2.41 in 2013 and 2014. Majority of the company’s borrowing was in the form of long-term debentures issued by the company. It was indicated by long-term debt to equity ratio values of 0.60 and 0.63 in 2013 and 2014. Although the company generated sufficient operating profits to meet its interest obligations, the shareholders may be concerned about high level of gearing. It is because the company would have to make payments of principal and interest charge before earnings could be distributed to shareholders. The company’s profitability remained very low in both 2013 and 2014. The lack of focus in the UK market by the company in the recent years had put the company in a weak position in comparison to its competitors such as Sainsbury’s, Aldi etc. Lower profitability could affect investment by shareholders in the company. It could create problems for the company that is already faced with a slowdown in its growth and declining market share. The company only generated ROE of 0.14% and 6.59% and ROA of 0.05% and 1.94% in 2013 and 2014 respectively. The company’s EPS slightly improved from 19.06p in 2013 to 23.72p in 2014. The P/E ratio values were at the end of each year were 16.88 and 14.52 in 2013 and 2014 as the company’s stock price declined due to poor sentiments in the equity market related to the company’s results in the UK market and reduction in its market share. The trend analysis indicated major improvement in the company’s profits in 2014. The trend analysis and key financial ratio values can also assist management in order to identify weak areas of the business. In fact, managers can use real time information from different business functions to carry out the analysis on a regular basis and undertake measures to improve the strategic direction of the business. It would help in improving the business performance and achievement of corporate objectives. References Tesco Plc. (2014). Retrieved December 13, 2014, from https://uk.finance.yahoo.com/q/hp?s=TSCO.Lb=21a=01c=2013e=22d=01f=2013g=d Maynard, J. (2013). Financial Accounting, Reporting, and Analysis. Oxford: Oxford University Press. Tesco Annual Report 2014. (2014) London: Tesco Plc. Tesco Plc. (2014a). History. Retrieved December 13, 2014, from http://www.tescoplc.com/index.asp?pageid=11 Liquidity Ratios 2013 2014 Current Ratio Current Assets/Current Liabilities 0.70 0.77 Current Assets 13,096 15,572 Current Liabilities 18,703 20,206 Quick Ratio Current Assets-Inventory/Current Liabilities 0.50 0.59 Current Assets 13,096 15,572 Inventory 3,744 3,576 Current Liabilities 18,703 20,206 Efficiency Measures 2013 2014 Receivables Turnover Sales/Accounts Receivables 25.11 29.02 Sales 63,406 63,557 Accounts Receivables 2,525 2,190 Receivables Turnover Period 365/Receivables Turnover 14.54 12.58 Receivables Turnover 25.11 29.02 Inventory Turnover Cost of Sales/Inventory 15.83 16.65 Cost of Sales 59,252 59,547 Inventory 3,744 3,576 Inventory Turnover Period 365/Inventory Turnover 23.06 21.92 Inventory Turnover 15.83 16.65 Asset Turnover Sales/ Total Assets 1.26 1.27 Sales 63,406 63,557 Total Assets 50,164 50,129 Leverage Measures 2013 2014 Long Term Debt Ratio Long Term Debt/Total Assets 0.20 0.19 Long Term Debt 10,068 9,303 Total Assets 50,164 50,129 Long Term Debt to Equity Ratio Long Term Debt/ Total Equity 0.60 0.63 Long Term Debt 10,068 9,303 Total Equity 16,661 14,722 Total Debt Ratio Total Debt/Total Equity 2.01 2.41 Total Debt 33,468 35,442 Total Equity 16,661 14,722 Times Interest Earned Operating Profit/Interest Expense 4.61 4.66 Operating Profit 2,382 2,631 Interest Expense 517 564 Profitability Ratios 2013 2014 Operating Profit Margin Operating Profit/Sales 3.76% 4.14% Operating Profit 2,382 2,631 Sales 63,406 63,557 Net Profit Margin Net Profit / Sales 0.04% 1.53% Net Profit 24 970 Sales 63,406 63,557 Return on Assets Net Profit / Total Assets 0.05% 1.94% Net Profit 24 970 Total Assets 50,164 50,129 Return on Equity Net Profit / Total Equity 0.14% 6.59% Net Profit 24 970 Total Equity 16,661 14,722 Return on Capital Net Profit / Total Capital 0.03% 1.36% Net Profit 24 970 Total Capital 69,149 71,528 Market Ratios Diluted EPS    23.72 19.06                   P/EPS Price / EPS 14.53 16.88 Price per Share 344.55 321.79 EPS 23.72 19.06 Group income statement - Horizontal Year ended 22 February 2014 52 weeks 2014  £m Change  £m Change % 52 weeks 2013 (restated*)  £m Continuing operations             Revenue 63,557 151 0.24% 63,406 Cost of sales (59,547) 295 -0.50% (59,252) Gross profit 4,010 (144) -3.47% 4,154 Administrative expenses (1,657) 175 -11.81% (1,482) Profits/losses arising on property-related items 278 568 -195.86% (290) Operating profit 2,631 249 10.45% 2,382 Share of post-tax profits of joint ventures and associates 60 (12) -16.67% 72 Finance income 132 12 10.00% 120 Finance costs (564) (47) 9.09% (517) Profit before tax 2,259 202 9.82% 2,057 Taxation (347) 182 -34.40% (529) Profit for the year from continuing operations 1,912 384 25.13% 1,528 Discontinued operations             Loss for the year from discontinued operations (942) 562 -37.37% (1,504) Profit for the year 970 946 3941.67% 24                Attributable to:             Owners of the parent 974 946 3378.57% 28 Non-controlling interests (4) - 0.00% (4)    970 946 3941.67% 24 Group income statement – Vertical Year ended 22 February 2014 52 weeks 2014  £m Proportion 52 weeks 2013 (restated*)  £m Proportion Continuing operations             Revenue 63,557 100% 63,406 100.00% Cost of sales (59,547) -94% (59,252) -93.45% Gross profit 4,010 6% 4,154 6.55% Administrative expenses (1,657) -3% (1,482) -2.34% Profits/losses arising on property-related items 278 0% (290) -0.46% Operating profit 2,631 4% 2,382 3.76% Share of post-tax profits of joint ventures and associates 60 0% 72 0.11% Finance income 132 0% 120 0.19% Finance costs (564) -1% (517) -0.82% Profit before tax 2,259 4% 2,057 3.24% Taxation (347) -1% (529) -0.83% Profit for the year from continuing operations 1,912 3% 1,528 2.41% Discontinued operations    0%       Loss for the year from discontinued operations (942) -1% (1,504) -2.37% Profit for the year 970 2% 24 0.04%                Attributable to:             Owners of the parent 974 2% 28 0.04% Non-controlling interests (4) 0% (4) -0.01%    970 2% 24 0.04% Group balance sheet - Horizontal    22 February 2014  £m Change  £m Change % 23 February 2013  £m Non-current assets             Goodwill and other intangible assets 3,795 (567) -13.00% 4,362 Property, plant and equipment 24,490 (380) -1.53% 24,870 Investment property 227 (1,774) -88.66% 2,001 Investments in joint ventures and associates 286 (208) -42.11% 494 Other investments 1,015 197 24.08% 818 Loans and advances to customers 3,210 745 30.22% 2,465 Derivative financial instruments 1,496 (469) -23.87% 1,965 Deferred tax assets 73 15 25.86% 58    34,592 (2,441) -6.59% 37,033 Current assets             Inventories 3,576 (168) -4.49% 3,744 Trade and other receivables 2,190 (335) -13.27% 2,525 Loans and advances to customers 3,705 611 19.75% 3,094 Derivative financial instruments 80 22 37.93% 58 Current tax assets 12 2 20.00% 10 Short-term investments 1,016 494 94.64% 522 Cash and cash equivalents 2,506 (6) -0.24% 2,512    13,085 620 4.97% 12,465 Assets of the disposal group and non-current assets classified as held for sale 2,487 1,856 294.14% 631    15,572 2,476 18.91% 13,096 Total Assets 50,164       50,129 Current liabilities             Trade and other payables (10,595) 499 -4.50% (11,094) Financial liabilities:    - #DIV/0!    Borrowings (1,910) (1,144) 149.35% (766) Derivative financial instruments and other liabilities (99) 22 -18.18% (121) Customer deposits and deposits from banks (6,858) (843) 14.01% (6,015) Current tax liabilities (494) 25 -4.82% (519) Provisions (250) (62) 32.98% (188)    (20,206) (1,503) 8.04% (18,703) Liabilities of the disposal group classified as held for sale (1,193) (911) 323.05% (282) Net current liabilities (5,827) 62 -1.05% (5,889) Non-current liabilities             Financial liabilities:             Borrowings (9,303) 765 -7.60% (10,068) Derivative financial instruments and other liabilities (770) (11) 1.45% (759) Post-employment benefit obligations (3,193) (815) 34.27% (2,378) Deferred tax liabilities (594) 412 -40.95% (1,006) Provisions (183) 89 -32.72% (272)    (14,043) 440 -3.04% (14,483) Net assets 14,722 (1,939) -11.64% 16,661 Equity             Share capital 405 2 0.50% 403 Share premium 5,080 60 1.20% 5,020 All other reserves (498) (1,183) -172.70% 685 Retained earnings 9,728 (807) -7.66% 10,535 Equity attributable to owners of the parent 14,715 (1,928) -11.58% 16,643 Non-controlling interests 7 (11) -61.11% 18 Total equity 14,722 (1,939) -11.64% 16,661 Total Liabilities and Equity 50,164       50,129 Group balance sheet - Vertical    22 February 2014  £m Proportion % 23 February 2013  £m Proportion % Non-current assets             Goodwill and other intangible assets 3,795 7.57% 4,362 8.70% Property, plant and equipment 24,490 48.82% 24,870 49.61% Investment property 227 0.45% 2,001 3.99% Investments in joint ventures and associates 286 0.57% 494 0.99% Other investments 1,015 2.02% 818 1.63% Loans and advances to customers 3,210 6.40% 2,465 4.92% Derivative financial instruments 1,496 2.98% 1,965 3.92% Deferred tax assets 73 0.15% 58 0.12%    34,592 68.96% 37,033 73.88% Current assets    0.00%    0.00% Inventories 3,576 7.13% 3,744 7.47% Trade and other receivables 2,190 4.37% 2,525 5.04% Loans and advances to customers 3,705 7.39% 3,094 6.17% Derivative financial instruments 80 0.16% 58 0.12% Current tax assets 12 0.02% 10 0.02% Short-term investments 1,016 2.03% 522 1.04% Cash and cash equivalents 2,506 5.00% 2,512 5.01%    13,085 26.08% 12,465 24.87% Assets of the disposal group and non-current assets classified as held for sale 2,487 4.96% 631 1.26%    15,572 31.04% 13,096 26.12% Total Assets 50,164 100.00% 50,129 100.00% Current liabilities             Trade and other payables (10,595) 21.12% (11,094) 22.13% Financial liabilities:             Borrowings (1,910) 3.81% (766) 1.53% Derivative financial instruments and other liabilities (99) 0.20% (121) 0.24% Customer deposits and deposits from banks (6,858) 13.67% (6,015) 12.00% Current tax liabilities (494) 0.98% (519) 1.04% Provisions (250) 0.50% (188) 0.38%    (20,206) 40.28% (18,703) 37.31% Liabilities of the disposal group classified as held for sale (1,193) 2.38% (282) 0.56% Net current liabilities (5,827) 11.62% (5,889) 11.75% Non-current liabilities             Financial liabilities:             Borrowings (9,303) 18.55% (10,068) 20.08% Derivative financial instruments and other liabilities (770) 1.53% (759) 1.51% Post-employment benefit obligations (3,193) 6.37% (2,378) 4.74% Deferred tax liabilities (594) 1.18% (1,006) 2.01% Provisions (183) 0.36% (272) 0.54%    (14,043) 27.99% (14,483) 28.89% Net assets 14,722 29.35% 16,661 -33.24% Equity             Share capital 405 0.81% 403 -0.80% Share premium 5,080 10.13% 5,020 -10.01% All other reserves (498) -0.99% 685 -1.37% Retained earnings 9,728 19.39% 10,535 -21.02% Equity attributable to owners of the parent 14,715 29.33% 16,643 -33.20% Non-controlling interests 7 0.01% 18 -0.04% Total equity 14,722 29.35% 16,661 -33.24% Total Liabilities and Equity 50,164 100.00% 50,129 -100.00%

Tomato Fishing Essay Example For Students

Tomato Fishing Essay This spring, we bought six itty-bitty tomato plants. Ko-Koibroke one (she has a fetish for green vegetables), and we managedto save both parts, giving us seven. We planted the tomatoes inthe garden, with rows of sunflowers, beans and beets, foureggplants, five bell peppers, several herbs and a peach treenamed Packwood (named after creeping under my skirt once toooften). Everything was going along nicely. Then we went onvacation. We came back to find a sea of green. Tomatoes coveredeverything. We had to transplant two of the eggplants, and welost the one with the red and white stripes. Most of the herbshad disappeared. The peppers and Packwood were ok, but we hadntplanted any tomatoes in that box. But the tomatoes in the nextbox over were trying to invade it. Tomatoes overflowedeverywhere. After a few weeks of picking, I noticed a few things. Thefirst was how much my back and legs hurt from standing on my headso much. The second was how much picking tomatoes was like fishing. The first thing you do is find a spot to fish/pick from. Forfishing, that means either wading out in boots or going out in aboat. For picking, it means wherever you can find room for yourfeet. Next, you cast off with your rod or your hand. Then yougrope around until you feel something. Then you bring it up tothe surface and decide if its big enough/ripe enough to eat. Ifits not, you throw it back. If it is, then you pick it/reel itin. And of course, you can always brag about the ones that gotaway.

External Reporting Issues Incitec Pivot Limited

Question: Discuss about the External Reporting Issues for Incitec Pivot Limited. Answer: Introduction The report focuses on the subject of accounting and the issues that the accountant faces while reporting the account details of a company. This report aims to identify and analyze the critical accounting issues faced by Incitec Pivot Limited. During this report, the discussion and critical analysis are made on the 2015-2016 annual reports of the company. There are mainly four parts included in the report. At the end of the report, conclusion is derived by considering the overall findings of the study. Preuse of the annual report of Incitec Pivot Limited Identifying the rules and regulations that govern the annual report of Incitec Pivot Limited As per the 2015-2016 annual report of Incitec Pivot Limited, the company has followed the rules and regulations provided by the Australian Accounting Standard Board. At the same time, the Chief Financial Officer has also disclosed that the company has maintained the rules provided in the Corporation Act 2001, while preparing this annual report. As per the Corporation Act 2001, Sect314, the annual report of the company must include the directors report and auditors report in its annual report. The company has maintained this rule and at the same time, the company has also maintained the principles under Australian Securities Exchange Corporate Governance. In order to prepare the financial statements, the company that is Incitec Pivot Limited has maintained the AASB 101. Concept of materiality and its place in conceptual framework Materiality is an important concept of accounting that suggests the companies to disclose all the necessary information and disregard all the trivial information in the annual report. In the other words, materiality is an accounting tool that signifies the accounting transactions in the financial statements of the companies. The company Incitec Pivot Limited has also followed the principle of materiality, which can be identified in the 2015-2016 annual report of the company. Analyzing the materiality policy at Incitec Pivot Limited In the annual report of Incitec Pivot Limited, all the important matters like, sustainability information, materiality review, information about the stakeholders and the financial performance of the company has been disclosed. As per the 2015-2016 annual report, the company has prepared the financial statements that are free from financial misstatement in order to achieve the trusts of the external stakeholders. The material information of the company helps the external report users to understand the current state and future prospect of the company. Examining the major account items in detail Analyzing the possibility of misstatement to maintain the materiality policy The 2015-2016 annual report of Incitec Pivot Limited it has been identified that the company has disclosed all the essential information of the business. It is expected that the information provided by the company is authentic and there is no misstatement of the financial information. However, there can be misstatements of the financial information of the company. This is because sometimes little information is there which is confidential and in order to maintain the confidentiality, the company does the misstatement. However, as per the auditors report stated in the annual report of Incitec Pivot Limited, the financial report of the company is free from material misstatements. Therefore, it can be stated that the annual report of the company did not include any misstatement of financial information. Balance between ethical standards and materiality obligation Maintaining the ethical standards and materiality obligation together while preparing the financial report is not easy. The accounting standards suggest the companies to maintain the materiality obligation, however, sometimes to save the future business performance it becomes very difficult for the accountant to disclose the information truly. Due to this, the companies sometimes disclose some information, which are false. However, maintaining high ethical standard along with the materiality obligation is not impossible. The companies can maintain that by following the standards properly and preparing appropriate plan for the financial year. Explaining whether the annual report of Incitec Pivot Limited serves the best interests of the users The annual report of Incitec Pivot Limited provides the best interests of the users and preparers. In the annual report of the company each information about the business activity of the company is given. At the same time, the company has provided some of the future steps that the company has planned to take in the coming financial year. The policies taken by the company and the principles maintained are disclosed within the annual report. Therefore, it can be said the users can use this annual report to gather the necessary information about the company. The financial report of the company that is Incitec Pivot Limited follows the materiality standards stated under the accounting standards and principles. The maintenance of materiality helps to disclose all the information in detail. Due to this, the external users of the report can identify the performance and operational details of the company. The external users can know the extent to which the company has operated its business ethically and legally. The application of the materiality standards helps the organization to gain the trusts of the external users of the report. Therefore, materiality helps to enhance the usefulness of the financial report of the company. Apart from that, the application of materiality also affects the General Purposes of Financial Reports or GPFR. The GPFR of a company is to meet all the information needs of the external users. Therefore, if the company applies the materiality standards, then it can enhance the value of its GPFR, otherwise, the GPFR of the company will be useless for the external users of the financial reports. Reviewing the reasons for which the accountants become nervous about the application and connection between materiality and ethical behavior in financial reporting In a company, there may be some information that cannot be disclosed in the financial reports because of the confidentiality of the business operation. However, in order to meet the principle of materiality the accountants of the company are bound to disclose the information. Many times, the accountants cannot disclose all the true information of the company in the financial report because of the order given by the higher authority. Sometimes, it also happens that the accountants disclose the false information in the financial report. These types of steps push the accountants towards unethical behavior. On the other side, as per the accounting standards, the maintenance of materiality standards or principle is mandatory for the accountants[12]. Therefore, it becomes very difficult for the accountants to manage both sides. If the accountants follow the order of the higher authority, then sometimes they need to take unethical steps but if they follow the accounting standards, then sometimes the interests of the company remain unfulfilled. Due to this, the accountants feel nervous at the time of application and connecting the materiality and ethical behavior. Motivations and Consequences In order to make the decision-making process of the accountants easier, the management of the company can motivate the accountants and the other employees to follow the rules and regulations provided by AASB and IFRS and can influence them to work ethically. The management can motivate the accountants and other employees by the following ways: The management can arrange for a meeting and can discuss on the importance of the rules and the ways through which the accountants can follow the rules and regulations of AASB and IFRS regarding materiality by managing the confidential matter of the company. The management can increase the remuneration of the accountants, so that they become agreed to take the higher responsibility for preparing the financial reports of the company. Higher remuneration will motivate the accountant to take critical decision. If the company take the above motivation strategies then it will be possible to manage the materiality along with the confidentiality of the company. The accountants and other employees of the company will be more interested to work at the workplace and as a result the financial performance of the company will be improved. Conclusion In this report, it has been identified that the company that is Incitec Pivot Limited has disclosed the necessary information in the 2015-2016 annual report. The auditors report that is stated in the annual report of the company has clearly mentioned that the company has fulfilled all the accounting standards. The report has also identified that the annual report of Incitec Pivot Limited has served the best interests of the external users and so the value of GPFR of the company has enhanced. At the same time, the report has also disclosed that the accountants of the companies feel nervous while rearing the financial reports because it becomes very difficult for them to maintain the materiality and ethical behavior together. Reference list: Amiram, D., Chircop, J., Landsman, W. R., Peasnell, K. V. (2015). Mandatorily Disclosed Materiality Thresholds, their Determinants, and their Association with Earnings Multiples.Available at SSRN 2631876. Bernstein, A., Beeferman, L. (2015). The materiality of human capital to corporate financial performance.Available at SSRN 2605640. Eccles, R. G., Youmans, T. (2015). Materiality in Corporate Governance: The Statement of Significant Audiences and Materiality.Harvard Business School General Management Unit Working Paper, (16-023). Edgley, C., Jones, M. J., Atkins, J. (2015). The adoption of the materiality concept in social and environmental reporting assurance: A field study approach.The British Accounting Review,47(1), 1-18. Fasan, M., Mio, C. (2016). Fostering Stakeholder Engagement: The Role of Materiality Disclosure in Integrated Reporting.Business Strategy and the Environment. Incitecpivot.com.au. (2016). Incitecpivot.com.au. Retrieved 7 August 2016, from https://www.incitecpivot.com.au/ Khan, M., Serafeim, G., Yoon, A. (2015). Corporate sustainability: First evidence on materiality.The Accounting Review. Moroney, R., Trotman, K. T. (2015). Differences in Auditors' Materiality Assessments When Auditing Financial Statements and Sustainability Reports.Contemporary Accounting Research. Nishant, R., Goh, M., Kitchen, P. J. (2016). Sustainability and differentiation: Understanding materiality from the context of Indian firms.Journal of Business Research,69(5), 1892-1897. Pina, V., Ivanov, M., Torres, L. (2016). Financial Transparency of Local Governments in Eastern EU Countries.Revue Internationale des Gouvernements Ouverts, 191-202. Singh, M., Peters, S. J. (2015). Materiality: Investor Perspectives.