Accounting Entity

An accounting entity is any organizational unit for which financial and economic data are gathered and processed for the purposes of decision making (Hillman, Kochanek and Norgaard, 1992, p. 15). The purpose of an entity is to work for the good of all the stakeholder groups and obtain funds at favorable rates to create future profits (Boland, 2010, pp. 41-44). †¢Rights of the stakeholders of an entity. Stakeholders are individuals and groups that are affected by an organization's policies, procedures, and actions (Advameg, 2011). The stakeholders include creditors, employees, customers, government bodies, special interest groups and the local community. Stakeholders, such as employees and owners, may have specific legal rights and expectations in regard to the organization's operations and them include (Boland, 2010, p. 44). the right to equal opportunity and non-discriminatory treatment †¢the right to security of persons; the rights of workers and their families; consumer rights and protections; and environmental rights and standards †¢require corporations, within their respective spheres of activity and influence, to promote †¢encourage corporations to consult with stakeholders and communities about their activities, influence and impact †¢Our group’s general ethical philosophy. In addition to being aligned with the ‘Stakeholder’s theory’ and ‘reporting’, Group A’s general ethical philosophy also focuses on sustainable development of an entity, specifically on how organizations need to make commitment to sustainable business practices towards communities. For the reason that reporting and providing information about social and environmental performances of an entity increases the trust that communities have in the organization ( Deegan, 2006).

Greek Mythology: Naricissus relevancy to today Essay

Many tales have been told of Narcissus, the son of a god who fell to his peril due to his own vanity and love for himself. The story is told according to The Mythology Guide, and this is how it goes: Narcissus was cruel not in the case of Echo alone. He shunned all the rest of the nymphs as he had done poor Echo. One day a maiden, who had in vain endeavored to attract him, uttered a prayer that he might some time or other feel what it was to love and meet no return of affection. The avenging goddess heard and granted the  prayer. There was a clear fountain, with water like silver, to which the shepherds never drove their flocks. Nor did the mountain goats resort to it, nor any of the beasts of the forest; neither was it defaced with fallen leaves or branches; but the grass grew fresh around it, and the rocks sheltered it from the sun. Hither came one day the youth fatigued with hunting, heated and thirsty. He stooped down to drink, and saw his own image in the water; he thought it was some beautiful water spirit living in the fountain. He stood gazing with admiration at those bright eyes, those locks curled like the locks of Bacchus or Apollo, the  rounded cheeks, the ivory neck, the parted lips, and the glow of health and exercise over all. He fell in love with himself. He brought his lips near to take a kiss; he plunged his arms in to embrace the beloved object. It fled at the touch, but returned again after a moment and renewed the fascination. He could not tear himself away; he lost all thought of food or rest, while he hovered over the brink of the fountain gazing upon his own image. He talked with the supposed spirit: â€Å"Why, beautiful being, do you shun me? Surely my face is not one to repel you. The nymphs love me, and you yourself look not indifferent upon me. When I stretch forth my arms you do the same; and you smile upon me and answer my beckonings with the like.† His tears fell into the water and disturbed the image. As he saw it depart, he exclaimed, â€Å"Stay, I entreat you! Let me at least gaze upon you, if I may not  touch you.† With this, and much more of the same kind, he cherished the flame that consumed him, so that by degrees he lost his color, his vigor, and the beauty which formerly had so charmed the nymph Echo. She kept near him, however, and when he exclaimed, â€Å"Alas! Alas!† she answered him with the same words. He pined away and died; and when his shade  passed the Stygian river, it leaned over the boat to catch a look of itself in the waters. The nymphs mourned for him, especially the water-nymphs; and when they smote their breasts, Echo smote hers also. They prepared a funeral pile, and would have burned the body, but it was nowhere to be found; but in its place a flower, purple within, and surrounded with white leaves, which bears the name and preserves the memory of Narcissus.(paraphrased from Ovid’s Metamorphoses, Book III, Narcissus and Echo, lines 477-745) Vanity and the need for outward beauty must have always been an issue in the lives of men and women for this story of Narcissus to ring true even today. The Merriam Webster dictionary defines beauty as, â€Å"The quality that gives pleasure to the mind or senses and is associated with such properties as harmony of form or color, excellence of artistry, truthfulness, and originality.† Interesting definition in light of what men and women strive for in what they believe to be beautiful. The internet, magazines, television and the movies tell us what we should look like and what we should be striving for. What all the hysteria toward perfection has meant is billions of dollars spent with in the world of plastic surgery. A person that is dissatisfied with their outward appearance can easily have any part operated on, or filled with fat, or injected with silicon or collagen and viola, perfection! Well not exactly, in fact most people that have plastic surgery want more. According to the American Society of Plastic Surgeons, â€Å"43% of all patients have two and three procedures done within the first three years of their first procedure.† The number one procedure in the Unites States in 2003 was Rhinoplasty, which is the reshaping of the nose. Three hundred thousand Americans had this type  of surgery, with Liposuction running a close second taking three hundred thousand twenty people having their fat sucked out from different areas of their bodies. Leaving breast implants, tummy tucks and eye lid lifts coming in next with over eight hundred thousand surgeries done a year. A quarter of all breast implants are later removed because of complications or concern of future complications. Many of the people interviewed state that they want these surgeries so that they can feel better about themselves, but really more often then not it seems that it is more about what others think. This brings us to media and the pressure for beauty that is beamed into our living rooms daily. Television shows such as The Swan, supposedly takes, self-proclaimed â€Å"ugly ducklings† and they are given the unique opportunity to realize their dreams on an unscripted series that turns a fairy tale into reality. In its first season, THE SWAN became the No. 1 makeover show on television among Adults 18-49. THE SWAN promises to take women who are stuck in a rut and revitalizes them by revealing their beauty and confidence. It offers them an incredible opportunity to undergo physical, mental and emotional transformations and follows them through the process. This series culminates in a spectacular pageant in which one woman ultimately is crowned â€Å"The Swan.† Each contestant is assigned a team of specialists – a coach, therapist, trainer, cosmetic surgeon, and dentist – who work together to design the ideal individually tailored program for her. The team assists the contestants in an overall transformation that is not just about physical change. Two contestants, who compete for a place in the pageant finale, are featured in every episode. The reveals of their individual transformations are especially dramatic because the women are not permitted to see themselves in a mirror during the three-month process. Thus, not only do they find out who has been selected to compete in the Swan Pageant and who will go home to her family, but they see themselves anew for the first time. This sounds so harmless while being life changing. Are these women really ugly ducklings and according to who? The description of the show sounds like it might be actually helping people feel better about themselves. It is the process and competition that makes the whole idea rather unappealing to so many not to  mention narcissistic, for in the end of each show the women finally get to see themselves after three months of dieting, exercise, plastic surgery from head to toe, tooth bleaching or veneers, hair coloring, cutting, and make-up, to reveal, â€Å"I’m so pretty† and then many of them say to the host of the show that they can not stop looking at themselves. They are admiring the outside appearance that has just taken a huge transformation. Then in the end there can only be one Swan and of course the other sixteen finalists are left to feel like they were not good enough or beautiful enough to be chosen, and all though they reinvented themselves they have been lowered back down to be losers yet again. Similar to The Swan is a makeover show on MTV called I Want a Famous Face, where people have plastic surgery to look like their favorite celebrity. Shows such as these inadvertently train people that it is acceptable to change their bodies so other will be happier with the way they look, and so that they can love themselves for the first times in their lives. In these days of plastic surgery to redefine ourselves there would not be a balance in the universe without a psychological diagnosis for these kinds of behaviors. Merriam Webster’s Dictionary describes Narcissism as, â€Å"excessive love or admiration of oneself, or a psychological condition characterized by self-preoccupation, lack of empathy, and unconscious deficits in self-esteem. Some narcissism could be healthy, â€Å"an individual’s existence would be in jeopardy if some narcissistic traits were not present. These traits protect the ego from severe damage inflicted by others.†(7,Vankin) In this case it can be protective to have some self love and overall it is important to have a healthy self image. Vankin goes on to further explain what true narcissism is, a pattern of traits and behaviors which signify infatuation and obsession with one’s self to the exclusion of all others and the egotistic and ruthless pursuit of one’s gratification, dominance and ambition. According to Vankin, most narcissists (75%) are men. Sam Vankin, Ph.D. has written a book on the subject of Narcissim, entitiled, Magnificent Self Love, in this book he describes narcissism as a personality disorder with distinguishable traits. Feels grandiose and self-important (e.g., exaggerates achievements and talents to the point of lying, demands to be recognized as superior without commensurate achievements) Is obsessed with fantasies of unlimited success, fame, fearsome power or omnipotence, unequalled brilliance (the cerebral narcissist), bodily beauty or sexual performance (the somatic narcissist), or ideal, everlasting, all-conquering love or passion Firmly convinced that he or she is unique and, being special, can only be understood by, should only be treated by, or associate with, other special or unique, or high-status people (or institutions) Requires excessive admiration, adulation, attention and affirmation – or, failing that, wishes to be feared and to be notorious (narcissistic supply) Feels entitled. Expects unreasonable or special and favorable priority treatment. Demands automatic and full compliance with his or her expectations Is â€Å"interpersonally exploitative†, i.e., uses others to achieve his or her own ends Devoid of empathy. Is unable or unwilling to identify with or acknowledge the feelings and needs of others Constantly envious of others or believes that they feel the same about him or her Arrogant, haughty behaviors or attitudes coupled with rage when frustrated, contradicted, or confronted Obviously it is fair to say that there are people in this world that could be so in love with themselves that it could be to their own demise. It is also good to know that although there is not a tremendous amount of research on the disorder that there is help out there for these individuals. The story does not end here, there is more to our hero Narcissus. The author goes on to say that when Narcissus dies, the goddess of the forest appeared and found the lake, which had been fresh water, transformed into a lake of salty tears. â€Å"Why do you weep?† the goddess asked. â€Å"I weep for Narcissus,† the lake replied. â€Å"Ah, it is no surprise that you weep for Narcissus,† they said, â€Å"for though we always pursued him in the forest, you alone could contemplate his beauty close at hand.† â€Å"But†¦ was Narcissus beautiful?† the lake asked. â€Å"Who better than you to know that?† the goddesses said in wonder. â€Å"After all, it was by your banks that he knelt each day to contemplate himself!† The lake was silent for some time. Finally it said: â€Å"I weep for Narcissus, but I never noticed that Narcissus was beautiful. I weep because, each time he knelt beside my banks, I could see, in the depths of his eyes, my own beauty reflected.† This story contains the essence of the impact we can have on others without even knowing it. People should remember that the reflection of ourselves, in the eyes of others during our communication with them, is usually the one that we put there ourselves. Perhaps Thoreau said it best: What a man thinks of himself, that is which determines, or rather indicates, his fate† – Henry David Thoreau

Tinton Falls Lodging Reality vs Unites States DMC Research Paper

Tinton Falls Lodging Reality vs Unites States DMC - Research Paper Example This discussion stresses that the area of law that is applied to the case is the law of contract. The parties that yarer involved in the case are the government and supplies organization. The case can be considered a federal case as the body involved is a federal body. The state of the case is in the appellate stage. The laws that are applied in the case are the federal laws the laws makes the court to construct a statutory law. The subject matter in the case is on government procurements and the legal issue is preemption of the laws of contract. The party that prevails according to the opinion of the court is the government who offered the contract. The legal role that the court creates in the situation is the rule of contracts, mainly awarding of contracts.From this paper it is clear that  the United States department on Navy on February 19 2013 issued a contract number N3220513-R-6005. This solicitation involved the coordination and management of lodging and transportation for c ivil service marines. The group at the time was completing the training that they had at a training center in Freehold. The contract was issued by MSC under the North America Industrial Classification system.  The main requirement of the solicitation was to provide enough rooms at lodging facilities in the area around the training center. The contract also needed transportation from the lodging facilities to the training center.

The fundamental points at issue between the Keynesian and classical Essay - 1

The fundamental points at issue between the Keynesian and classical traditions in UK - Essay Example The Great Depression did last approximately for a decade. It was the period between early 1931 and March 1933 when the depression became great and spread to other nations. The period of Great Depression is mainly recalled for significant unemployment, massive poverty and political turbulence that it caused. For the period of 1931-1940, the rate of unemployment was hovering around 18 percent. During the period of Great Depression net investment was negative and there was a massive fall in consumer price index as well. Between 1929 and 1933, the consumer price index dropped by 25 percent approximately. (Dornbusch and Fischer, 1994) Classical economists did not provide any elaborate explanations for such a huge economic downturn in developed nations like UK, USA and others. However, Keynes has recognized unchecked market movement as the prime reason behind such a great economic downfall. Classical economists mainly focused on the supply side of the economy to search for reason for this depression. However, Keynes held the aggregate demand side of the economy with great importance and recommended counter cyclical fiscal measures to improve aggregate demand. During 1933-1937, some recovery took place in the economy. Real GNP experienced a rapid growth at a rate of almost 9 percent annually. This rapid growth in GNP, however, fell to make a significant fall in the rate of unemployment. In 1938, another economic recession struck the economy and pushed unemployment rate up to 20 percent once again. The Great Depression caused a number of nations to change their political structure as many economists including Keynes considered this severe recession a result of unchecked capitalism. (Dornbusch and Fischer, 1994) There are two major schools of thought in the field of macroeconomics- Keynesian and Classical. Like other developed nations, UK used to follow Classical policy tools to deal with its

Using the Pyramid of Corporate social responsibility describe and Essay

Using the Pyramid of Corporate social responsibility describe and evaluate John Lewis's approach to Corporate Social responsibility - Essay Example To cater for this need, Carroll developed the pyramid of cooperating social responsibility (Crowther, 2010). The pyramid arranges the critical issues into philanthropy, ethic, legality and economic sectors. Philanthropy implies that the company should own up to the community. Contribute parts of its resources to the community, thereby improving the quality of life. Ethics covers doing what is right and fair. This means the business should not harm the community. In the past before the adherence of environmental policies, factories would pollute the rivers and the environment in a bid to getting rid of waste. Ethics forbids harm to the community, which may also occur in hoarding the goods for better prices. Legality covers obeying the law. The business should be legal and observe laws within the state, paying taxes, license renewal among other policies. Economic aspect includes the sole purpose of running a business. The aim is to make a profit. Without profit, the company cannot be able to meet its expenses and growth (Crowther, 2010). John Lewis Partnership embraces the premise of sustainability. The approach involves maintaining effective governance, actively engaging stakeholders, continuous performance monitoring and managing risks and opportunities. In order to maintain effective management, the Partnership employs well-educated and talented people with leadership traits. Such people are trained to make sound business decisions and to ensure the corporate achieves its goals. The board of managers and directors work hand in hand with other employees to provide a balance between investments and favorable working conditions. Waitrose and Lewis encourage sustainability by allocating resources to achieve focus. In comparison with the pyramid, this is in-line with the economic aspect. Without efficient decision making the company would run at a loss (John Lewis Partnership). Stakeholders include employees, suppliers, government agents and

Comparisons Over 1000s B.C of Years of Western and Asian Warfare Essay

Comparisons Over 1000s B.C of Years of Western and Asian Warfare - Essay Example In the ancient period, wars occurred for many reasons, some which were petty while others which had long term consequences. Some of the themes related to ancient warfare are the following: the ambitions of the various rulers of the time, the need to acquire scarce resources, wars in the name of religion, and finally the need to emulate the great empires or states that existed at the time. The personal ambitions of various rulers in the ancient world were a major factor behind the wars that occurred during that period. Rulers such as King Xerxes of Persia wanted to secure their positions at home. This was because when these rulers came to their thrones, their positions were very weak due to the fact that they had yet to prove themselves to be worthy of their positions. Very often, they had to go to as many wars as possible early in their reigns to not only to show their battle prowess, but also to prove to those that wanted to overthrow them that any sign of rebellion would be met wit h brutal force. Another way of proving their worth was by contributing to their forefathers’ legacy by adding to the territories which they had inherited. An example of this was when Xerxes who, within a few years of coming to the throne, embarked on the conquest of Greece which ended in the Persian defeat many years later. The same can be said of Alexander the Great of Macedon who within the ten years that he ruled Macedonia had conquered Persia, the largest and most powerful empire of the time. He did this not only to satisfy his ambition but also because he believed that his birth was divine and that he was therefore worthy of great deeds to prove that he was the son of a god. Until his sudden death at the age of thirty two, his greatest ambition had been to conquer the whole of the known world. A common theme closely related to the above was tyranny, especially in Ancient Greece which occurred mostly between the sixth and the fourth century. Fagan G G and Trundle M (229) state that the tyrants needed a constant supply of money to support not only themselves but also their regimes. These necessitated wars which if won would ensure a constant flow of tribute from the defeated foe. Mercenaries hired themselves to tyrants because of the good pay which they tended to receive, while the tyrants often hired them because their loyalty to their employer remained absolute so long as he kept them paid. The Persian Empire also had a long tradition of hiring mercenaries and this can be seen when one looks at the composition of the Persian army during the invasion of Greece. Soldiers from as far as India and Nubia in Africa were to be found within the Persian ranks and these, especially Nubia, were not even close to Persia. Ancient Egypt was and still is largely a desert with very few resources and heavily dependent on the River Nile as the source of its livelihood. The ancient Egyptians therefore had to look without to find those resources that could not be foun d in their country but which they really needed to make their lives more comfortable. It was with this in mind that the pharaohs, especially those of the eighteenth, nineteenth, and twenty fifth dynasties embarked on a series of wars of conquest to bring other states with vital resources into the Egyptian sphere of influence. At its greatest extent, Egypt controlled Nubia in what are now southern Egypt and northern Sudan, and the whole of Palestine including the Phoenician city states. As a result, exotic goods from tribute

Visual Encoding Assignment Example | Topics and Well Written Essays - 250 words

Visual Encoding - Assignment Example For Acoustic encoding, students may not understand if the words are just read to them, they must be learnt how to spell them and how to pronounce them. For example, about 500 years ago, 'Protestantism' was declared to the religion of California. Now the students may not be able to even pronounce the word, leave alone understanding it. So getting their syllables right is the first basic thing. For Semantic encoding, students once they get to know how to pronounce them, they would be able to get the difference between similar sounded words. After getting the difference, the next thing is to understand the meaning of what is being said. For example, take the above word, though people get to know how to spell it, they must be thought on how to understand it. For that, a common language description of its meaning is must. In Californian history class, lot of things would be about artilleries that they used in warfare. A lot of descriptions would be about it. So, if students are given to experience the models of those artilleries physically, they will be able to understand the descriptions about it. This is tactile encoding.