Accounting Practical Set Assignment Example | Topics and Well Written Essays - 500 words

Accounting Practical Set - Assignment Example Even if there is profit in the income statement, investors need to look at the cash flow statement to measure actual cash balance of the company. This report will provide an analysis of the cash flow statement and income statement. It will consider why the cash balance has decreased even though a profit has been achieved. This report is based on the information provided by Mr Albert Clarence. The limitation of this project is that it is short time project. Thus detailed analysis will be short. Income Statement might be characterized as a financial statement that measures an organizations financial execution over a particular accounting period. Financial execution is evaluated by giving an outline of how the business acquires its incomes and costs through both working and non-working exercises. It likewise demonstrates the net profit or loss caused over a particular accounting period, normally over a fiscal year or fiscal quarter. Balance Sheet could be characterized as a financial articulation that compresses an organizations liabilities, assets and equity of the shareholders at a particular point in time. These three asset report sections give speculators a thought in respect to what the organization claims and owes, and the sum contributed by the shareholders. Cash flow statement could be characterized as an income or cost stream that changes a cash account over a given period. Cash inflows normally emerge from one of three exercises - financing, operations or contributing - despite the fact that this likewise happens as an after effect of gifts or donations on account of particular fund. Cash outflows result from costs or ventures. This holds valid for both business and any personal account. Accrual Accounting might be characterized as an accounting technique that measures the execution and position of an organization by perceiving various economic occasions paying little respect to

Animal Farm Diary Entries :: Animal Farm Essays

Animal Farm Diary Entries Old major I am getting closer and closer to death. These last few years of my life have been haunted by terrible thoughts of REVOLUTION!!!! I need to tell the other animals about these thoughts. I don’t know what they will think. They may object to them greatly or they may see it as a way to be set free, but other animals will have different opinions. The cat is a household pet his life is good. He never has to do any work. He will not be keen. However there are animals like pigs that live for one purpose, to be killed. They will be keen. I will confront the animals soon. Snowball Old major rounded all the animals in the barn today. What he said shocked us all. He obviously had been thinking about it for a long time. He told each what our fate was; usually it was to be slaughtered. Instantly most of the animals realised that they should provoke this revolution or be killed. I am happy to help because it is inevitable Mr. Jones’ cold hands will slaughter me if I don’t help. Its just my mind is flooded with thoughts of what could go wrong. How would we get food? How would we run the farm? Won’t other people just come to claim the farm? So many things could go wrong but if we succeeded it would have a huge effect on not just this farm but on surrounding farms too. We could provoke these farms to follow our example. Soon animals would be seen as equals next to men. There’s even a possibility that we could be seen as superior. I say the revolution should happen and it will happen. Revolution is coming to Manor farm! Napoleon Today something happened, it was inevitable, it had to happen sometime. I knew it. Old Major gathered all the animals in the barn. He began to lay the foundations for a revolution. I admire him very much to have the courage to oppose Mr. Jones. I now am sure Mr. Jones’ rule will be other within the year. The animals want a revolution and they will get one. Revolution, I see it as a time when one person loses something and another gains something. I wish to be the one to gain. I have always been the runt in the litter, now I will become superior to everyone else. I know I can. Mr. Jones will die and I will live and my life will be great. It’s all because of revolution. People will die and I will benefit.

Today’s Unions

Over the years unions have been forced to change with the times. Looking at some of these changes and discussing how the unions have evolved over time will be discussed in this paper. Also the philosophy and how the unions accommodate its members have changes so this to will be discussed. After looking at all of this a couple of proposals will be discussed to help unions broaden their appeal. Unions all over the world are considered to be failing because of their low numbers. The influence and power unions had over management in companies when it came to policies has faded due to the huge decline in total number of members. (Troy, 2001). Troy stated in his research that the unionism which is experiencing a huge membership demand and the market share in past is now lagging far behind from the expected objective in this regard (Troy, 2001). According to facts from the Organization for Economic Cooperation and Development (OECD), countries that are impacted by unions are facing challenges in terms of the diminishing ratio of the workers associated with the union. Kumar & Murray, 2002). Looking at the evaluations from the past years concerning union history, one can analyze that the real challenge that the companies have is to change the organization so that the threat of losing competent union members will be null. Unions should evaluate their history so that they can use the data to formulate a strategy to keep control over the influence of management. Befo re unions were born the people were born into poor families and had to work in organizations from the age of six, where the average day consisted of 18 hours. During this time such things as a day off, overtime compensation, and minimum daily wages were only a thing of dreams. â€Å"There exist no rules and regulations related to the job security, social security, job insurance, security against layoffs and several other serious issues† (Slupik, 2005, pg 22). Introducing unions into organizations help change the conditions for the employees. These drastic changes made the difference and started a movement in favor of the employees. Individuals could express their individual interest which was previously hampered by the company. Human resource departments and unions help influence power over the management and obtained authority to stand against the policies of company. If it did not seem to be in the best interest of the worker’s the union would flex its authority to make changes. The unions establish policies and rules that are pro employee and push for fair wages, a fair work schedule, overtime compensation, and job security to name a few. This helped give the employees a piece of mind and helped not only the welfare of the employee but the employer. Unions over time changed their focus from individual concerns to the organization and the collective concerns of all industries. Unions are now looking at the bigger picture and instead of focusing on the employees of a particular company they are looking at the welfare of all that work in similar industries. This means that the unions are working for and on the behalf of the employee’s and their rights. The unions focus is safeguarding the security of the employees and these interests seem to align with the human resource department. In the late 20s unions started losing its influence in the industries and due to aggressive attacks from rich and efficient organizations which eventually wiped out unions and created a system of non-union semi-slave labor areas in some other countries. This enabled them to continue to sell their product and services at same or higher prices in the market. By these measure organizations succeeded in reducing the union represented jobs, which was 36% in 1954 to a now lower 16 %. Slupik, 2005) The unions have to implement new philosophies that consider the largest population and broaden its scope of operation to other workplace environments. First union’s must concentrate on diversity and look past their initial focus of manufacturing and broaden its scope to all businesses. With today’s changing economy the manufacturing side of business has diminished so the unions must change in hopes to keep their members. Secondly unions must focus on changing policies within organiz ations and focus their efforts on those that go against the interest of the people. This can prove to be a stressful process since policy is constantly changing these days to keep up with government laws. Unions must form partnerships with the companies to keep up with all of these changes. Constant change seems to be the only norm within companies and this causes difficulties for the unions. Looking at some of these changes unions have made and how their philosophies have changed two proposals were briefly discussed to help in this transition. The bottom line is the only way for the unions to keep up with the every changing company is to become fluid and stay one step ahead of them.

Should Gay Adoption Benefit Children Essay - 2105 Words

Gay Adoption Benefits Children Every single child deserve the chance to be part of a caring, nurturing family. Whether the family has a single mother, single father, or two parents. There are many opportunities for individuals to become the legal guardian (or guardians) of a child. Those opportunities, however, are not as easily accessed for gay and lesbian prospective parents as they are for straight people, and many times, these opportunities are completely prohibited by state laws. Recently, there has been a major boost in the amount of gay and lesbian couples hoping to adopt children in the United States. Ironically enough, there is also a critical shortage in the overall number of foster and adoptive parents. In order to solve the problem faced by thousands of children who are struggling without the guidance and love of a family, adoption laws must be more feasible, especially for homosexuals who are willing and capable parents. While it is obviously quite important for adoption requirements to be strict and specific, custody of these children should not be denied to someone who is capable simply due to their sexual orientation. This is for many reasons including that it is discriminatory, sexual preference does not affect one’s parenting ability, many gay and lesbian people foster wonderful parenting abilities from experience, and that there are thousands of children in need of adoption. Adoption has always been a challenge for gay and lesbian people wishing to startShow MoreRelatedGay Adoption And The United States1412 Words   |  6 Pages Gay parents! Yes I said it.What kind of impact do gay couples have on adoption agencies in the United States? â€Å"An estimated 65,500 adopted children are living with a lesbian or gay† parent (Lifelong Adoptions)​.†Ã¢â‚¬â€¹There are 1 million lesbian, gay, bisexual and transgender parents raising about 2 million children in the U.S† (Why Gay Parents Are Good Parents). †‹Even though people believe gay adoption will cause children to act different Gay adoption positively affects adoption agencies becauseRead MoreGay Adoption And The United States1412 Words   |  6 Pages Gay parents! Yes I said it.What kind of impact do gay couples have on adoption agencies in the United States? â€Å"An estimated 65,500 adopted children are living with a lesbian or gay† parent (Lifelong Adoptions)​.†Ã¢â‚¬â€¹There are 1 million lesbian, gay, bisexual and transgender parents raising about 2 million children in the U.S† (Why Gay Parents Are Good Parents). ​Even though people believe gay adoption will cause children to act different Gay adoption positively affects adoption agencies becauseRead MoreAnnotated Bibliography Essay1443 Words   |  6 PagesBibliography Stone, A.. Both sides on gay adoption cite concern for children. Usa today. Gannett Co. Inc., 2006. Web. 18 Apr 2012 The article is about a couple who is gay having to move in order for both gay parents to get custody of the adopted child. It talks about the statistics of foster care and the number of kids being adopted right now. The numbers are very low and even for gays, its extremely low. 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To confront this problem states must realize that adoption to homosexuals is a great opportunity, not by just giving children homes, but also allowing them to experience the lifestyle that same-sex patents present. In addition, the government has to realize that religion sho uld not play a role in whether or not gays should be able to adopt as a couple. PeopleRead MoreAdoption to the Homosexuals Couples Essay1410 Words   |  6 Pagesnation built on the success of the children, and future generations. How can we say that when thousands of children are in foster care to this day? To face this problem states must realize that adoption to homosexuals is a great opportunity. Not by just giving children homes, but allowing them to experience, the lifestyle that same-sex parents contribute. In addition, the government must consider that religion should not play a role in whether or not gays should be able to adopt as a couple. PeopleRead MoreShould Homosexuals Be Allowed? 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The legislation he planned to have made law before the end of 2014 was a bill that would allow gays and lesbians in Luxembourg to marry. The journey to this legislation was a long road, but with the