International accounting measures integral part of organization functioning - Free Essay Example

Sample details Pages: 4 Words: 1187 Downloads: 5 Date added: 2017/06/26 Category Finance Essay Type Cause and effect essay Did you like this example? International Accounting includes various measures that act as an integral part of organization functioning in order to channelize all the issues related to cost and accounting so as to expand its operations internationally. There are a particular set of rules associated with this particular feature that are governed by International Accounting Standards Board (IASB). This associated perform its operations over organizations operating at global level through proper and enhanced application of international accounting standards. Don’t waste time! Our writers will create an original "International accounting measures integral part of organization functioning" essay for you Create order There has been a considerable change in the way of operation of accounting standards along with the way of their application, due to high degree of change in environmental factors. These factors need to be scanned and included in accounting standards so as to increase their efficiency. Along with the increase in the concept of globalization, there has been a considerable increase in application of this concept along with the way of its application so as to regulate and mark flow of money. (Peter Walton, 2003) Body International Accounting has become an inevitable factor for finance department of all the organization because of introduction of a large number of significant standards that could be included in its functioning. Methods using which a firm can expand its operations There are two important methods that should be taken into account for a firm to expand its functioning in international market significantly, Monetary Monetary methods are those that are mainly concerned with money, like paying or receiving money for these items. These items are generally analyzed on their face value along which helps in their better assessment. This part of expansion is generally taken care by accounting section of the organization, which also need to expand its domain of working as organizational functioning expands. Non-Monetary Non-monetary methods are those that are concerned with features not involving money. These items are measured in terms of their real values, which makes them highly variable in nature. Another aspect related with these factors is that they are referred differently in different circumstances like market value, fair value, present value, historical cost, etc. Various factors like capital values and retained income balances are also an integral part of non-monetary items. There is a continuous change in the share capital based over the real value of various elements, which makes it highly essential to make an implementation of accounting standards over these variables that will help in their apposite assessment. It is one of the most important factors that define success of a venture at international level. There is a scenario in which serviceable currencyacirc;â‚ ¬Ã¢â€ž ¢s internal value on real basis are getting highly affected by the obliteration of cash inflation especially in those countries with economies having low inflation. In above mentioned case also, there is a need for adjustment of real values of these items on a significant basis. Factors affecting success or failure of a venture Prime factors that categorize a venture as successful or unsuccessful are given below, Accounting Accounting model possess high relevance because of its wide application along with level of exposure it has encountered. International Accounting is a well defined combination of various previously followed accounting models with low inflation. Inflation rate is calculated on an annual basis that is quite easy to be evaluated is retained income of company or a nation is available. For a venture to be succssful at international level, it should possess appropriate accounting standards in its structuring. (Sale, 2004) Inflation Inflation is one of those entities that are considered as a clear representation of economic condition. This involves all economic and non-economic factors associated with the organization or nation for which inflation rate is to be calculated. Thus various factors that are related with this feature should be taken into account for its proper analysis that increases level of ambiguity. In order to explain this concept in an explicit manner, there is a need for certain standards that will help in measuring this parameter in proper format. Another factor that should be considered is that possible source of income for a venture. If income of a venture comes from diversified sources, it is more likely to become successful even if inflation rate becomes considerably high. All these features raise the need of adoption of suitable accounting measures that are guided by a particular set of standards and are capable to operate an organization successfully at international level. Shareholder Analysis Accounting also helps in taking care of shareholders that should be done in an appropriate manner, which will help in better assessment of companyacirc;â‚ ¬Ã¢â€ž ¢s present market positioning, after it has followed expansion strategy. This is because of significant impact along with high level of influence of stakeholders over organizational performance especially in financial respect. International accounting helps organization to choose best possible strategies that will assist organization in increasing shareholderacirc;â‚ ¬Ã¢â€ž ¢s interest in the company which ultimately helps organization in gaining an upper edge in competitive environment. Accounting is considered as best possible tool to perform this activity as financial examination of external entities is considered to be as best possible analysis that could be performed for current analysis of the company after various expansion tactics have been applied at international level. There is a critical need to make s ure that these accounting standards are applied in appropriate format as improper application of those may result in financial disturbance which is considered as one of the most difficult problems an organization may incur, leading to its failure. One such situation could be hyperinflation which is a result of improper application of accounting standards along with unfavorable financial analysis, when an organization faces various international constraints. This might also result in unnecessary exaggeration of certain variables that will directly make an impact over real values, hence resulting in affecting the balance within organization. Conclusion International Accounting is considered as one of the most important parameter that has to be included in the functioning of the organization or nation as it takes care of economic resources with the help of counting. This procedure is guided with the help of certain standards decided by the authority taking care of all such factors to indicate final status of the organization, i.e. successful or failure. These standards are updated on a regular basis so as to make sure there is proper synchronization between companyacirc;â‚ ¬Ã¢â€ž ¢s analysis and external factors, when an expansion effort is made in global market. As these standards are applicable at even national level, which makes it highly important for companies operating in more than one country to involve these factors in their functioning which will help these organizations in keeping an appropriate record of availability of resources. It also assists such organization to work in accordance to the local and global standar ds of functioning, which may vary from place to place hence affecting their productivity. There are a large number of factors like inflation, shareholder analysis, monetary and non-monetary issues that has to be taken into consideration because of their lofty significance in defining present condition of the organization along with its future aspects when it extend its working to global level.

Fear and Confusion in films Psycho and Carrie Essay

Fear and Confusion in films Psycho and Carrie In horror films, there is always one scene that opens up the perceived realm of normality to that of fear and confusion. Directors and authors alike use these scenes to show the change in the pace of the film. In both the movie Psycho (1960) and Carrie (1976), shower scenes are used to mark this epic turning point with sexuality, blood and voyeurism; the most important ingredients to horror. The idea of sneaking around and peering into forbidden places gives just about everyone a thrill. Voyeurism is used strongly in both Psycho and Carrie due to its ability to entice thrill in the viewer. In Carrie, we start the scene by looking into a girls high†¦show more content†¦We are then given an extreme close-up of Normans eye, staring wide into the room; the view we have gives us the thrill of actually being there, watching Marion undress. This method of filming, giving the audience the sight of the forbidden, adds thrill to the important scenes. Thrill only encourages us to watch the movie more intently, on the edge of our seats. Sexuality also adds a great deal of tension to the two scenes. We watch as Marion drops her robe to the floor and steps gingerly into the shower. Once in the shower, we are given a point-of-view shot of the showerhead, a huge showerhead covering her entire body with clean, warm water, cleansing her of her sins in an almost baptismal way. We are allowed only collarbone-up shots of her in the shower, only hints to her nakedness. We can only imagine what she looks like, giving the audience the same thoughts that raced through Normans mind as he looked in on her through the peephole. Carrie is also highly sexualized, more so given the fact that more nudity was allowed with the changing times. As we gaze at the different close-up camera shots of her body, we watch as she reaches for the soap. The audience watches as she rubs soap all over her body in slow motion, her face complacent in both peace and pleasure. Carrie then begins to rub her breasts and her inner thigh in a very

Signs and symptoms Free Essays

Keep child calm and help them take medicine. Phone parent and if it worsens call 999 Sickle cell anemia Fatigue, shortness of breath, dizziness, headache, cold hands and feet, pain Refer to care plan and phone parent If needed Diabetes Passing urine more often than usual, tiredness, thirsty Refer to care plan and phone parent if needed Chicken pox Fever, rash, itchy Try to stop child scratching, phone parent Conjunctively Itchy sticky eyes, red eyes, green go Stop child rubbing eyes, phone parent Croup Difficulty breathing, short barking cough Keep child calm and encourage to breathe, call parent if it persists Persistent Diarrhea and sickness Pale, lifeless Encourage child to drink small sips of water, keep them calm in a quiet area. Phone parent Very pale and lifeless appearance URGENT Phone parent and 999 Phone parent Eczema Itchy dry rash Stop child scratching and distract them Impetigo Fluid filled blisters, itchy rash, red sores Call parent Measles Slight cold, sore throat, swollen glands, pink rash Meningitis Fever, headache, confusion, affected by light, stiff neck, rash Call 999 and parent Unconsciousness Lifeless, unresponsive Check for breathing put in recovery position call 999 and parent Continuing high temperature/Febrile convulsions Keep calm in quiet place call 999 and parent Severe headache Nauseous, vomiting, sensitive to light Persistent or strange crying Shock. We will write a custom essay sample on Signs and symptoms or any similar topic only for you Order Now How to cite Signs and symptoms, Papers

An Entrepreneurial Venture For Online Education Website - Samples

Question: Discuss about the Entrepreneurial Venture For Online Education Website For College Students. Answer: Background information Online education has become most common in many advanced institutions. However, the quality and credibility of these institutions web portal have been highly questioned. The idea of online education was initiated so that institutions can provide education to a wide range and variety of students at different places in the world. The online platform, however, has not been up to standards as is possible that a person can impersonate himself or herself just to take the place of a student on having access to the student ID and personal PIN. It is the reason why I have come up with this website that will be specially customized to curb such issues. The portal has designed specially in a way that it will require students who enroll with college students provide their biometrics to the institution so that those who access the web portal and attend classes are kept in check. This will enable eradicate issues where people who have gone through higher education levels being hired by students to write their online assignments and examinations. The web will also provide a live session where students can communicate with their lectures online during classes to seek for clarification in areas where they do not understand clearly. Project goals/ objectives To make online college education more pleasing, credible and of a high standard to students, colleges should provide students with one stop access to all staff members, departments and the available programs that the institution offers. The main objective of this entrepreneurial venture is to; Provide all information for qualifications and requirements for a student to enroll in online classes program in the institutions. Launch a simple and secure user-friendly portal to students Provide access in 24/7 for frequently asked questions (FAQ) section Facilitate easy means of communication and distribution of information in the faculties and all students in the institutions. Mission statement To set up a college website that will ensure commitment in online student learning support by launching 24/7 campus website portal that captures and uses students biometrics to ensure transparency, quality, and credible online studying platform. Target market The targeted organizations in this business venture are some local institutions that have not yet adopted online classes fully. Also, this idea will be great boost to those who have already initiated the program through without advanced features such as the biometric section that increases answer the questions on the integrity of the service. The service will also provide the institution to admit a larger number of students from the community as the technology offers them a solution. The project will later be integrated to suit well for companies in other industries after full adoption in the institutions. I have already made a few plans be implemented at the college hence the presence of the developed technical support team, a tech center, online registration of some students and services to students, training programs on how to access services such as classes, online library, and other more technological advancements. The future advancement that I will incorporate to the main server and the portal is to extend the services from the education industry to the security sector of other organizations by introducing a sensor such that the people who approach the organization's entrance will be seen from several meters away. The tech will, therefore, inform the security personnel at the gate minutes before the person arrives. This will help improve the security of the organization as there will be enough time to act if the parties are termed as a hazard to the organization's security. Start-up Summary To present the new portal to universities and colleges within the society, the project needs a biometric capturing device that will encourage the institutions to embrace it. As the owner of this project, I recommended that there was a need to present the web formation to the university committee that represents the entire institution from the administration, different schools (faculties) and students. The committee recommended that an evaluation of the effectiveness of the portal be carried out and provided a few inputs for selected students for providing inputs for design and features. The school committee has agreed to buy my idea if I come up with a full order for setting up the realistic plan. The start-up costs would involve labor and the product development; these two costs are highlighted in details under the cost analysis area of this business plan. Products and services The top benefits and features that the web will avail include; Confirmation of user biometric information Customizable user interface Single password sign on Wiki Discussion board Content and DocumentManagement Blogs Outlook integration- campus E-mail, Class and work schedules Web advisor integration- application, transcripts, orientation, financial help, grades, personal account information as well as all other necessary current web advisor functions. Blackboard integration Document sharing easy access to files for collaboration, class documents and office documents for different faculties. Market Analysis Summary Distance learning and online education services continue to grow at an alarming rate at community colleges. Community colleges have been reporting a continuous increase in distance education enrolments in the past years. According to a survey released in 2014 at an annual meeting of the American Association of Community Colleges in Philadelphia, there an average increase of 18 percent in distance education. The survey on these community colleges and distance learning was in an annual report for the technology council which is an affiliate of the AACC (Drucker, 2014). It was by 150 community colleges that were selected from the possible sample frame. However, the preceding years (i.e., 2014 and 2015) surveys show that most of this institutions did not have any possible methods for solving the issue of impersonation that was common among the students enrolled in online classes (Piva et.al, 2012). Most students from other surveys acknowledged that they would seek for help during the times of exams in the online platform and or when assignments were administered to them. There were also claims by students that some colleges were offering a few courses online compared to those at the institutions as well as program coverage (Stam, 2010). Majority of the colleges were offering degree programs online though they have no suitable way for making follow up activities towards their students (Callison and Vestal, 2010). The other challenge of offering online education that the colleges reported facing was the failure of college students to fill out course evaluations (Breugst et.al, 2012). Though this was not among the top challenges, it remains an issue not yet resolved and would affect the way people see the distance education system. Training professors have been a major issue for the institutions offering distance learning according to the reports from the surveys conducted (Shane, 2012). Over 60 percent of the professors in the surveyed institutions required a training of more than eight hours. This was evident from the written responses that the professors gave with a lot of frustrations. Most of them claimed that the faculty was so occupied such that it could not have a chance to train them. They claimed to have little computer experience hence the difficulty in getting in line with the proposed changes due to the introduction of distance education (Baron et.al, 2011). They claimed to have no rich ideas on what can be accomplished in a well-designed distance education course. However, my project, most of this challenges will be addressed as the web portal will be customized in such a way that there will be common information that can only be accessed by both the professors and students and another specific information (Morris et.al, 2010). This will be by the professor's faculty; the information will be only available on providing the server with the user password and the biometric details. There will also be sample attachments through video demonstrations that will show how one can use the web portal effectively to achieve the desired outcome (Samila and Sorenson, 2011). The students will also be getting the same content as those who are within the institution to ensure full coverage of course. Also, the web portal for each student will be customized into sessions and their specific time (Kuratko, 2009). This will aid in curbing class skipping by students as the sessions will be expiring after the stipulated period and if there were assignments submitted within that time. SWOT Analysis Every business venture has possible strengths and weaknesses (Onetti, 2012). The strengths should always be able to out-way the weakness and threats for any business to become successful in its operations. Those for the web portal am seeking for funds to launch it to colleges are enumerated below. Strengths Availing online services for students (Hsu Ziedonis, 2008) such as application for online classes, counseling to student in the distance education program, registration sites, transcripts, class schedules, financial assistance, instructor evaluations and monitoring platform, and orientation of new students Blackboard for the instructors Number of sections/ courses offers online and their names Professional development training and guidelines for instructors Online annual student survey for students to give the ratings and recommendations for the distance education web portal and the entire system. Weaknesses The online services are common in different areas and thus not all in one easily accessible place for students to find Assessment is not done online for students. The assessment test is only available online for the colleges that adopt this type of customized web portal. The technical support team is only available for a few hours and in low capacity, and there are numerous pathways students have to take to get the help they need, regardless of where they start looking for it. There is no consistency as each faculty is independent on how it handles support matters. Communicating with instructors is a major problem for many distance education sites. However, this has been resolved in my business idea as there is a provision for the section where the student interacts with the instructor at the end of the session to seek clarification on points where he or she did not get the point well. Opportunities Demand for classes is high Gas prices are high hence most people prefer enrolling in online classes where they can save much as they do not require to travel 100 percent guaranteed to get a degree through online class Inform high schools of the online opportunities for online classes Threats The academic integrity of the online classes. This has however been addressed in this web by providing a sector for biometric information for every student to ensure that no one takes a student's place. Perceived quality of instruction. This is addressed by the provision of training and other guidelines to the instructor in the web portal. Funding/ state budget. The college needs capital to hire a full developed web portal that will operate within the country effectively. Student technology. The level of technology of students may not be up to the standards where they can use the online platform for studying but for other irrelevant activities (Jackson, 2011). This is however addressed by this website in the sense that when the student diverts to other websites, his or her session will become inactive and thus risking the loss of marks in case an assignment is given. From the above, it is evident that the strengths and the opportunities carry much weight compared to the weakness and threats as most of the drawbacks have been curbed by putting up standard measures in place. Strategy and implementation In line with the timeline I created together with the development committee, this idea needs a team of both MIS staff and computer support services to evaluate the suitability of the web portal to the institution and other organizations (Zahra and Nambisan, 2012). The implementing team lead by me would need to involve parties on colleges that would be affected by the launch of the product (Pinto Blue, 2016). Instruction and student services will be needed to choose a timeframe that they feel would have little or no impact on their daily activities/ functions that students require on the Web advisor (Roure and Maidique, 2009). Before the actual implementation, a test environment was established to assure that all parts and sections of the website are fully functioning before the launching of the portal. The project team also recommended that a student's panel to be assembled to check web portal and gather information on whether it functions well or not. Other areas that needed evaluation before the actual implementation were the board policy, technical support, user training, and security permissions (Bruton et.al, 2009). As the owner of the idea, it was my goal that all areas of the portal are well tested and examined before the release of the live web portal version to the campus community. Strategy and Promotion A crucial part of promoting the web portal is understanding the merits of products and services in any market environment. In every promotional advertisements and article, the importance and advantages of the new features of the customized features will be critically emphasized (Overholm, 2015). The benefits that originate from the advantages will as well be put the emphasis. Students look for certain benefits that have been addressed by this portal. These include saving money, gaining comfort, saving time, lowering costs and many others. The service and promotion strategy of this web portal is all about the benefits that it presents to the users. Marketing strategies Mailing the college class schedule with simple instructions on how to use the web portal Marketing flyers and pamphlets at senior centers Promotion of online learning activities through other departments such as; admissions and records, career services and community education. Management summary The portal will be implemented by a committee from the college where I will be the team leader. There will need to represent other different areas of the campus in this committee. There will be some students, staff, andManagement Information Systems (MIS) who I involved to confirm the suitability of my idea. The portal is a Datatel product, known as Active Campus Portal. Therefore, we will require support from Datatel and MIS to aid me in making this product a success. Nevertheless, the portal interacts with the campus calendar, networks, servers and various departments. Thus, I will need IT support throughout the lifetime of this product. This idea requires a lot of capital to commercialize it to a wide range of institution and other organizations. In return, it is a promising business venture as it will plow back the invested capital within a short span of time since many institutions are will to buy it. Cost Analysis Software Intern Cost ($) Datatel Student Portal license 30,000 Yearly maintenance 3500 Hardware Database server 10,000 Indexing server 5000 Share point servers 15,000 Staffing costs Full time staff 40,000 References Baron, R.A. and Tang, J., 2011. 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