Accounting Answers

Solutions Manual to accompany Company Accounting 8e prepared by Ken Leo John Hoggett John Sweeting Jennie Radford [pic] John Wiley & Sons Australia, Ltd 2009 Chapter 1 – Nature and regulation of companies REVIEW QUESTIONS 1. Outline the advantages of incorporation over other forms of organisation such as partnerships. The corporate form of organisation permits individuals to have â€Å"limited liability†. This confers on shareholders a limit on their liability in the event of a winding up of the company to the amount (if any) unpaid on their shares. (S516). In the case of a partnership no such limitation applies (unless the partnership specifically adopts limited liability) and the insolvency of one or more partners can result in other solvent partners having to contribute any losses and debts out of their own private assets. 2. Distinguish between a proprietary company and a public company. A public company is one in which there is usually a substantial public interest in that the ownership of the company's share capital is widely spread. Public companies are entitled to raise capital through a share issue by issuing a disclosure document which entitles them to have their shares or debentures etc. listed on a stock exchange, such as the Australian Securities Exchange, to facilitate transferability. Proprietary companies on the other hand have specific limitations in terms of the amount and restrictions on its fundraising activities. Specific features of a proprietary company include the need to have a share capital (unlike a public company which may be limited by guarantee and not merely shares): †¢ a requirement to have at least one shareholder and only one director (three directors for a public company) and not more than 50 shareholders (not including employee shareholders) †¢ not required to restrict the transfer of its shares (however it may elect to do so) †¢ the use of the designation â€Å"Pty† or â€Å"Proprietary† in its name †¢ a requirement not to engage in any fundraising activity which would require it to lodge a disclosure document with ASIC. . Distinguish between a large and a small proprietary company. What are the implications of being classified large rather than small? A small proprietary company is defined in Section 45A of Corporations Act 2001, as amended, as one which meets 2 of the following three criteria: *consolidated annual revenue less than $25 milli on *consolidated gross assets at the end of the financial year is less than $12. 5 million #l the companies and the entites it controls have fewer than 50 employees at the end of the financial year. * These figures must be determined in accordance with accounting standards Part-time employees measured at appropriate fraction of full-time If these criteria are not met the company will be a large proprietary. Small proprietary companies do not have to prepare formal financial statements or have them audited. However, they must keep sufficient accounting records to allow preparation and audit of accounts if either 5% of their voting shareholders or ASIC request this to be done. Large proprietary companies, must prepare accounts in accordance with accounting standards, have them audited, send them to shareholders and lodge them with ASIC (Section 292) 4. Outline the special features of a no-liability company. Companies engaged in the more speculative area of mining exploration are most often registered as no-liability. Such companies have NL at the end of the company name and have the advantage of being more attractive to potential investors as unlike companies limited by the unpaid amount on their shares, there is no such liability on the part of shareholders to contribute to the debts and liabilities of the companies. 5. What is the purpose of a certificate of registration? A certificate of registration is issued by ASIC as a part of the registration procedure. Provided the company complies with S117 of the Corporations Act, ASIC will: †¢ give the company an ACN Number †¢ register the company †¢ issue a certificate that states the company's name, ACN No. etc. Once registered, the company is capable of performing all the functions of a corporate body. 6. What are replaceable rules and how do they differ from a constitution? Replaceable rules are the set of internal rules (contained in the Corporations Act) governing the conduct of its operations between the company and its member directors and between members themselves [see example of such rules in ch 1 Section 1. . 3]. If the rules are not adopted by the company then they must draw up a constitution which will cover much of the same issues covered by the replacement rules but may be extended or modified by the promoters of the company. 7. Outline the main features and purpose of a disclosure document. A disclosure document, particularly the prospectus, contains all the infor mation necessary for investors to make an informed assessment of the company's future prospects and other relevant matters including: †¢ rights and liabilities attaching to securities financial position, performance and prospects of the body issuing the securities †¢ interests of each director, proposed director, promoter, stockbroker and their professional advisers in any property acquired or proposed to be acquired with the funds derived from the securities issue. †¢ whether the securities issued will be quoted on a Stock Exchange. 8. In administering a company, the Corporations Act requires the keeping of various books, registers and records. Outline these and briefly discuss their content. There are a range of records required to be maintained by a company including: (Minute books of the proceedings and decisions made at all directors’ and shareholders’ meetings as well as all resolutions passed without a meeting (s. 251A). If the company is a proprietary company with only one director, any declarations by this director must be minuted. (Financial records that will enable financial statements to be prepared and audited from time to time in accordance with the Act (ss. 286, 292, 302 and 303). (Register of members, or share register, giving each member’s name nd address, and the date on which the entry of the member’s name is made on the register. If the company has a share capital, the register must also show the date on which an allotment of shares takes place, the number of shares in each allotment, the shares held by each member, the class of shares held, the share numbers (if any), the amount paid on the shares, and whether or not the sha res are fully paid (s. 169). (Register of option holders to record the names and addresses of the holders of options over the shares of a company. The register must include the number and description of the shares over which options were granted, details of any event that must happen before the options can be exercised, and any consideration for the grant of the options and for the exercise of the options (s. 170). Copies of documents which grant an option over shares must be kept with this register. (Register of debenture holders to record each debenture holder’s name and address, and the amount of the debentures held (s. 171). (Register of charges to record the details of any secured charges over the assets of the company (s. 271). This register must be open for inspection by any creditor or member of the company, without charge. 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend, carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued, the shareholder is liable to pay calls on the shares (except in the case of no-liability companies). A company also has the right to issue preference shares, but may only do so either if there is a statement in its constitution setting out the rights of these shareholders or if these rights have been approved by a special resolution of the company. Not all preference shares are the same. Classification of preference shares as equity or liabilities depends on the rights and features of the shares – judgment is required re which classification is appropriate. For example, redeemable, cumulative 10% preference shares, which are to be redeemed on a set date, are definitely liabilities. Preference shares redeemable at the option of the company may or may not be liabilities, depending on the probability of the company redeeming them. Debentures are issued by the company raise funds but are borrowings, not equity. Debentures may be secured. A trust deed/trustee must be established to protect the rights of debenture holders. 10. What are the main reasons for the development of accounting regulations? The history of accounting regulation had its origins in the industrialised European settlement of the late 18th century. The social, political and economic changes which occurred saw the gradual decline of the importance of family enterprises and the separation of ownership from control as the control of entities was delegated by owners to agents. The growth in the number and size of ‘joint stock companies in the late nineteenth century prompted the rise of disclosure although, initially, this focused on stewardship. The greater complexity of organisations in the mid to late twentieth century gradually led such disclosure to develop into a more sophisticated form of financial reporting, which remains an ongoing process. 11. Does a company have to comply with accounting standards in order to show a ‘true and fair view’ of its financial affairs? Discuss. Before the early 1990s, the directors of a company could elect not to comply with an accounting standard issued by the AASB if they believed the particular standards would cause the accounts not to present a true and fair view. This ‘true and fair override' no longer exists and directors must now comply with applicable accounting standards and add any additional information in the notes to the financial statements if they believe adherence to the standards does not present a true and fair view. Compliance with standards therefore has become the norm, resulting in an increased interest, both positive and negative, in the requirements of accounting standards by different lobby groups, particularly among those required to prepare financial statements. 12. What are the current arrangements for setting accounting standards in Australia? The AASB under the auspices of the Financial Reporting Council is entrusted with the task of making accounting standards both for the purposes of the Corporations Act and for the public and not-for-profit sectors in Australia. See Figure 1. 1 in section 1. 7. 5]. 13. Distinguish between the following organisations and their roles in the regulation of financial reporting in Australia: (the Financial Reporting Council (FRC) (the Australian Accounting Standards Board (AASB) (the International Accounting Standards Board (IASB) (the International Financial Reporting Interpretations Committee (IFRIC) (the Australian Securities and Investments Commissio n (ASIC) (the Australian Securities Exchange (ASX) (the Financial Reporting Panel (FRP). Financial Reporting Council (FRC) The main role of the FRC is to act as an overseer and advisory body to the standard setter, the AASB. The main functions of the FRC under the ASIC Act 1989, s. 225 as amended in 1999, are to: (oversee the process for setting accounting standards and give the Minister reports and advice on that process (appoint AASB members (other than the chairperson) (approve and monitor the AASB’s priorities, business plan, budget and staffing arrangements (determine the AASB’s broad strategic direction give the AASB directions, advice or feedback on matters of general policy and procedures (monitor the development of international accounting standards and the accounting standards that apply in major international financial centres, and –further the development of a single set of accounting standards for worldwide use with appropriate regard to international developments –promote the adoption of international best practice accounting sta ndards in the Australian accounting standard-setting process if this is in the best interests of both the private and public sectors of the Australian economy (monitor the operation of accounting standards to ensure their continued relevance and their effectiveness in achieving their objectives in respect of both the private and public sectors of the Australian economy, as well as the effectiveness of the AASB’s consultative arrangements (seek contributions towards the costs of the Australian accounting standard-setting process (monitor and periodically review the level of funding and funding arrangements for the AASB (establish appropriate consultative mechanisms advance and promote the objectives of standard setting as specified in the Act (perform any other functions that the Minister confers on the FRC by written notice to the chairperson. A major policy direction of the FRC that has affected the agenda of the AASB is the formalisation of a policy of adopting the accounti ng standards of the International Accounting Standards Board (IASB) for application to reporting periods beginning on or after 1 January 2005. (This includes also the adoption of Interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC) for use in the Australian context. ) Australian Accounting Standards Board (AASB) The functions of the AASB, according to s. 27(1) of the ASIC Act 1989, are to: (develop a conceptual framework (not having the force of an accounting standard) for the purpose of evaluating proposed accounting standards and international standards (make accounting standards for the purpose of the Corporations Act (formulate accounting standards for other purposes, e. g. for non-companies, the public sector and the not-for-profit sector (participate in and contribute to the development of a single set of accounting standards for worldwide use (advance and promote the main objectives of developing accounting standards. The AASB must develop accounting standards not only for the corporate sector but also for other sectors, such as the public sector and the not-for-profit sector. The objectives of developing accounting standards are (1) to facilitate the development of accounting standards that require the provision of financial information that: (allows users to make and evaluate decisions about allocating scarce resources (helps directors to discharge their obligations in relation to financial reporting (is relevant to assessing performance, financial position, financing and investment (is relevant and reliable (facilitates comparability (is readily understandable. (2) to facilitate the Australian economy by: (reducing the cost of capital (enabling Australian entities to compete effectively overseas (having accounting standards that are clearly stated and easy to understand. (3) to maintain investor confidence in the Australian economy (including its capital markets). In performing its functions, the AASB is required to follow the broad strategic directions determined by the FRC. The AASB may formulate accounting standards which are of general or limited application, in that the Board may specify the entities, time, place or circumstance to which the standard applies. Furthermore, as long as it is practicable to do so, the AASB is required to conduct a cost–benefit analysis of the impact of a proposed accounting standard before making or formulating the standard. However, the cost–benefit analysis is not necessary where the standard is being made or formulated by issuing the text of an international standard. The AASB conducts its meetings in a forum open to the public, which (hopefully) increases faith in the due process system of standard setting. In line with the FRC’s main function of overseeing the process of setting accounting standards, the AASB is required to adopt IASB standards. The Australian accounting standards and their international counterparts are identical, with three exceptions: – Where some international accounting standards provide a range of optional treatments, the Australian accounting standard may not allow all options. However, the disallowance of any IASB optional treatments in Australia is rare, as evidenced by the AASB’s behaviour since 2005. Some Australian accounting standards may require more information to be disclosed in the notes to the financial statements than that required by the equivalent IASB standard. –Australian accounting standards contain, where applicable, extra paragraphs relevant to entities in the not-for-profit sector. IASB standards are written for application within the business sector only. Besides issuing accounting standards that are equivalent to the IASB’s standards, the AASB has continued to issue accounting standards relevant to the public sector, as well as accounting standards that relate solely to the Australian legal environment, e. g. AASB 1046 Director and Executive Disclosures by Disclosing Entities. International Accounting Standards Board (IASB) The IASB’s mission statement is described as follows on its web site: The International Accounting Standards Board is an independent, privately-funded accounting standard setter( The IASB is committed to developing, in the public interest, a single set of high quality, understandable and enforceable global accounting standards that require transparent and comparable information in general purpose financial statements. In addition, the IASB co-operates with national accounting standard setters to achieve convergence in accounting standards around the world. Following the direction given by the FRC in 2002, the AASB has adopted the standards issued by the IASB as from 1 January 2005. Hence, the financial statements prepared by Australian companies are comparable with those prepared by entities in other countries which also have adopted IASB standards. This should allow for greater understanding of financial statements worldwide, and lead to a more efficient flow of capital acros s national boundaries. The IASB has signed an agreement with the Financial Accounting Standards Board (FASB), the body responsible for issuing accounting standards in the United States. The agreement requires both bodies to work together towards convergence of global accounting standards. The aim is to agree on high-quality solutions to existing and future accounting issues. If such agreement could be reached, potentially there would be one set of global accounting standards. Arguably, for better or worse, the result of this agreement appears to be a gradual adoption of FASB standards by the IASB as its own. International Financial Reporting Interpretations Committee (IFRIC) The IFRIC has the task of reviewing on a timely basis, within the context f existing international accounting standards and the IASB framework, accounting issues that are likely to receive divergent or unacceptable treatment in the absence of authoritative guidance, with a view to reaching consensus as to the appropriate accounting tre atment. The IFRIC considers issues of reasonably widespread importance, and not issues of concern to only a small set of enterprises. The interpretations cover: (newly identified financial reporting issues not specifically dealt with in IFRSs (issues where unsatisfactory or conflicting interpretations have developed, or seem likely to develop in the absence of authoritative guidance, with a view to reaching a consensus on the appropriate treatment. The AASB has adopted the Interpretations issued by the IFRIC for use by Australian companies as from 1 January 2005, and modifies them if necessary for the not-for-profit sector in Australia. Australian Securities and Investments Commission (ASIC) The ASIC is an independent government body set up to enforce and administer the Corporations Act and financial services laws to protect consumers, investors and creditors. ASIC regulates and informs the public about Australian companies, financial markets, financial services organisations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit. The Australian Securities and Investments Commission Act 2001 requires ASIC to: (uphold the law uniformly, effectively and quickly promote confident and informed participation by investors and consumers in the financial system (make information about companies and other bodies available to the public (improve the performance of the financial system a nd the entities within it. One of the roles of ASIC is to reduce fraud and unfair practices in financial markets and financial products so that consumers can use them confidently and companies and markets can operate effectively. In an accounting context, as part of its role, ASIC also attempts to ensure that a company’s financial statements lodged with it under the requirements of the Corporations Act comply with accounting standards, if applicable. Australian Securities Exchange (ASX). The ASX is a public company operating Australia’s share markets. It oversees both the shares and future exchanges. In an accounting context, it is particularly concerned with improving the disclosure of information in the financial reports of companies listed with it on the various stock exchanges throughout Australia. It exercises its influence by way of the Listing Rules — a set of rules with which companies must comply if they wish to be listed, and remain listed, on the stock exchange. Financial Reporting Panel (FRP) The FRP, established in 2004, has the function of resolving disputes between the Australian Securities and Investments Commission and companies concerning accounting treatments in their financial reports. The purpose for establishing FRP is to remove the need to initiate legal proceedings in Court in order to resolve a financial reporting matter. FRP is designed to provide an efficient and cost effective way of dealing with disputes, the opportunity to be heard by persons with relevant expertise, and remove concerns about the courts' limited understanding of accounting standards. 14. To which entities do accounting standards apply? Discuss the nature of a reporting entity, and consider reasons for the concept being replaced by one of public accountability. Accounting standards apply to the general-purpose financial statements/reports of entities which are â€Å"reporting entities† and also to those entities which decide to prepare general-purpose financial statements even if they are not reporting entities. The AASB, in SAC 1, provided the following definition of a reporting entity: Reporting entities are all entities (including economic entities) in respect of which it is reasonable to expect the existence of users who rely on the entity’s general purpose financial report for information that will be useful to them for making and evaluating decisions about the allocation of scarce resources. There is no definition of a reporting entity in the IASB’s Framework at this stage. All reporting entities are subject to accounting standards when preparing their general-purpose financial statements. Entities such as small proprietary companies, family trusts, partnerships, sole traders and wholly owned subsidiaries of Australian reporting entities will normally not be required to prepare general purpose statements in accordance with accounting standards. Following the release of the IASB’s Exposure Draft of a Proposed IFRS for Small and Medium-Sized Entities, (SMEs) published in February 2007, the AASB issued, in May of that year, Invitation to Comment ITC 12, proposing to revise the differential reporting regime in Australia by switching the focus away from whether an entity is/is not a reporting entity to whether the entity (subject to a size test) is required to prepare a general-purpose financial statement/report and is publicly accountable. â€Å"Public accountability† is defined in the IASB’s ED on SMEs as accountability to those present and potential resource providers and others external to the entity who make economic decisions but who are not in a position to demand reports tailored to meet their particular information needs. An entity has public accountability if: (a) it has issued (or is in the process of issuing) debt or equity instruments in a public market; or (b) it holds assets in a fiduciary capacity for a broad group of outsiders, such as a bank, insurance company, securities broker/dealer, pension (or superannuation) fund, mutual fund or investment bank. The implications are that if an entity is publicly accountable or satisfies a size test then it will be required to apply Australian equivalents to IFRSs in its general-purpose financial statements. If it is not publicly accountable, and does not meet the size test, then the entity need apply the Australian equivalent of IFRS for SMEs only. See figure 1. 3 in section 1. 9. 2 of the text for a flowchart showing the ITC 12 proposed changes, which, at the time of writing, are expected to be accepted by the AASB for 2009 and beyond: CASE STUDIES Case study 1: Legal obligations Visit the website of the Australian government’s Attorney-General’s Department dealing with the law (www. comlaw. gov. au) and find the Corporations Act 2001. Assuming that you are the director of a small proprietary company, find the â€Å"small business guide† and learn of your obligations under the Act for managing your business. Prepare a brief report for the tutorial class. The Small Business Guide in the Corporations Act can be found following Section 111J. The guide summarises the main rules in the Corporations Act (the Corporations Act 2001) that apply to proprietary companies limited by shares—the most common type of company used by small business. The guide gives a general overview of the Corporations Act as it applies to those companies and directs readers to the operative provisions in the Corporations Act. Students, in their capacity as would-be directors, are required to present a report to the class, summarising the requirements of the Guide. Such topics to be covered include: †¢ The meaning of registration, including shareholders’ and directors’ liabilities †¢ Rules for internal management of a company †¢ Company structure and setting up a new company †¢ Continuing obligations once the company is set up †¢ Company directors, secretaries and shareholders †¢ Who can sign company documents †¢ Funding the company’s operations †¢ Returns to shareholders Annual financial reports and audit †¢ Disagreements within the company †¢ Companies in financial trouble Case study 2: The AASB Visit the website of the Australian Accounting Standards Board (www. aasb. com . au) and find out the following items: †¢ Who is the Chairman of the AASB? †¢ Who are the members, and which organisations do they represent? †¢ Which accounting standards have been issued in the past year? †¢ Why are there differences in the numbering systems for current accounting standards (eg. AASB x, AASB xxx and AASB xxxx)? †¢ What are the current projects (if any) that the AASB is working on in cooperation with the IASB? Assuming that you already have access to the AASB website: Chairman of the AASB Go to AASB Board, then Current Board Members . Current chairman is David Boymal Members of the AASB and organisations represented Stay in the same location and the names and organisations represented on the AASB are all shown. Don’t forget to include the observers as well. Comment: too many people from Melbourne No academics on the board? Accounting standards issued in the past year: On the AASB website, go to Quick Links, then Standards. Read from Table 1 all of the standards issued in the last year. Different numbering systems for standards See Pronouncements for information, plus the section 1. 7. 4 in the text. AASB x represent those standards adopted by the AASB from the IFRSs of the IASB AASB xxx represent those standards adopted by the AASB from the IASs of the IASB and its predecessor the IASC AASB xxxx represent those standards issued exclusively by the AASB for companies in the Australian context In addition, the AAS standards consist of standards issued by the AASB for special organisations e. g. superannuation plans, government Current projects On the AASB website, go to Work in Progress, then Projects. It would appear that there are no specific projects at the moment being worked on by the AASB in cooperation with the IASB. The AASB is one of several standard setting boards that liaise with the IASB and merely provide submissions to the IASB on various topics. See also AASB Submissions to the IASB on the website. Also check the News section and Latest News on the website. Case study 3: Setting up a company Visit the website of the Australian Securities and Investment Commission (www. asic. gov. au) and find the form(s) that you must fill out to start a company, assuming that you wish to set up a small proprietary company to take over your current successful business, which has been operating as a partnership (with three partners) in the past. On the website of the ASIC, go to Download forms, select the form 201 for Registering a company. Students should print the form and fill it out as if they wish to set up a proprietary company, with more than one owner shareholder. Case study 4: The IASB Visit the website of the International Accounting Standards Board (www. iasb. org. k) and find and report to the class on the following pieces of information: †¢ The Memorandum of Understanding of 2005 between the IASB and the FASB of the United States †¢ Which accounting standards have been changed as a result of the Memorandum of Understanding †¢ The membership of the IASB and whic h countries the members come from †¢ The goals of the IASB 1. Memorandum of Understanding On the IASB website, go to About Us, then click on About IASB, and then on the Memorandum of Understanding with the FASB. A full pdf version of the Memorandum can be found here. In relation to the Memorandum the IASB website states: After their joint meeting in September 2002, the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued their Norwalk Agreement in which they ‘each acknowledged their commitment to the development of high quality, compatible accounting standards that could be used for both domestic and cross-border financial reporting. At that meeting, the FASB and the IASB pledged to use their best efforts †¢ to make their existing financial reporting standards fully compatible as soon as is practicable and †¢ to co-ordinate their future work programmes to ensure that once achieved, compatibility is maintained. At their meetings in April and October 2005, the FASB and the IASB reaffirmed their commitment to the convergence of US generally accepted accounting principles (US GAAP) and International Financial Reporting Standards (IFRSs). A common set of high quality global standards remains the long-term strategic priority of both t he FASB and the IASB. 2. Accounting standards changed/ to be changed as a result of the Memorandum of Understanding On the IASB website, go to About Us, then click on About IASB, and then on the Memorandum of Understanding with the FASB. A full pdf version of the Memorandum can be found here. Not many standards have yet been changed, but plenty of standards are on the agenda for change. From the Memorandum , the topics for short-term convergence include: To be examined by the FASB |To be examined by the IASB | |Fair value option* |Borrowing costs | |Impairment (jointly with the IASB) |Impairment (jointly with the FASB) | |Income tax (jointly with the IASB) |Income tax (jointly with the FASB) | |Investment properties** |Government grants | |Research and development |Joint ventures | |Subsequent events |Segment reporting | |FASB Note: |IASB Note: | |*On the active agenda at 1 July 2005 |Topics are part of or to be added to the IASB’s short-term | |** To be considered by the FAS B as part of the fair value |convergence project, which is already on the agenda. |option project | | Longer term projects include the following, from the Memorandum of Understanding: The boards set the following goals for 2008 for convergence topics already on either their active agendas or the research programmes: |Topics already on an Active Agenda | |Convergence topic |Current status on the FASB |Current status on the |Progress expected to be achieved by 2008 | | |Agenda |IASB Agenda | | |1. Business combinations |On agenda – deliberations in|On agenda – |To have issued converged standards | | |process |deliberations in |(projected for 2007), the contents and | | | |process |effective dates of which to be determined | | | | |after taking full account of comments | | | | |received in response to the Exposure Drafts. | |2. Consolidations |On agenda – currently |On agenda – no |To implement work aimed at the completed | | |inactive |publication yet |development of converged standards as a | | | | |matter of high priority. | |3. Fair value measurement |Completed standard expected |On agenda – |To have issued converged guidance aimed at | |guidance |in the first half of 2006 |deliberations in |providing consistency in the application of | | | |process |existing fair value requirements. 1 | |4. Liabilities and equity |On agenda – no publication |On agenda (will follow |To have issued one or more due process | |distinctions |yet |FASB’s lead) |documents relating to a proposed standard. | |5. Performance reporting |On agenda – no publication |Exposure draft on a |To have issued one or more due process | | |yet |first phase |documents on the full range of topics in | | | | |this project. | |6. Post-retirement benefits |On agenda – deliberations |Not yet on the agenda |To have issued one or more due process | |(including pensions) |underway on the first phase | |documents relating to a proposed standard. | | |of multi-phase project | | | |7. Revenue recognition |On agenda – no publication |On agenda – no |To have issued one or more due process | | |yet |publication yet |documents relating to a proposed | | | | |comprehensive standard. | The objective of the goals set out above is to provide a time frame for convergence efforts in the context of both the objective of removing the need for IFRS reconciliation requirements by 2009 and the existing agendas of the FASB and the IASB. The FASB and the IASB will follow their normal due process when adding items to the agenda. Items designated as convergence topics among the existing research programmes of the boards include: |Topics already being researched, but not yet on an Active Agenda | |Convergence topic |Current status on the FASB|Current status on the IASB|Progress expected to be achieved by | | |Agenda |Agenda |2008 | |1. Derecognition |Currently in the |On research agenda |To have issued a due process document | | |pre-agenda research phase | |relating to the results of staff | | | | |research efforts. | |2. Financial instruments |On research agenda and |On research agenda and |To have issued one or more due process| |(replacement of existing |working group established |working group established |documents relating to the accounting | |standards) | | |for financial instruments. | 3. Membership of IASB and member countries Go to the IASB website and see, About us. Click on About IASB and there you will find the information about the Chairman, currently Sir David Tweedie, the Vice-Chairman and all members of the IASB, and the countries from which they came by reading each person’s information sheet. 4. Goals of the IASB Go to the IASB website and see About us. Click on About IASB and there you will find the IASB objectives. Case study 5: ASIC Visit the website of the Australian Securities and Investments Commission (www. asic. gov. au) and find out and report to the class on the following: †¢ Who the ASIC is and its role †¢ The tips given to prospective shareholders regarding the reading of a company’s prospectus †¢ A list of the policy statements and practice notes issued by the ASIC †¢ â€Å"What’s new† to the website. 1. ASIC and its role On the ASIC website, go to About ASIC and look up Our Role 2. Tips to prospective shareholders re prospectuses From the ASIC website visit FIDO, the ASIC’ s consumer website. From there, go to check our lists and click on prospectuses. The ASIC has information about prospectuses which changes quite regularly. See what tips you can find about prospectuses, assuming that you are a prospective investor. 3. Policy statements and regulatory guides issued From ASIC’s home page, go to Publications and then to Policies. Both the policy list and the regulatory guides are accessible here. 4. What’s new See ASIC’s home page, and What’s New features on the home page.

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Jawaharlal Nehru was the first Prime Minister of India. His Prime-Minister-ship was marked by social and economic reforms of the Indian state. A number of foreign policy landmarks like the founding of the Non-Aligned Movement also marked the tenure of Jawaharlal Nehru as Prime Minister. Jawaharlal Nehru became Prime Minister on the 15th of August 1947. His ascension was plagued by controversy and a bitter power struggle within the Congress Party. The internal struggle of the party was symptomatic of the larger struggle within the Indian Republic itself. The initial period of Jawaharlal Nehru as Prime Minister was marked by communal violence. Jawaharlal Nehru was forced to concede the creation of Pakistan as per the wishes of the Muslim League leader the leadership of Muhammad Ali Jinnah. Communal violence enveloped the entire country during this period. Maximum bloodshed was witnessed in the national capital Delhi. The Indian states of Punjab and West Bengal also witnessed fierce bloodshed. The first Prime Minister tried to defuse the explosive situation by visiting the violence affected areas. He toured the riot stricken areas with Pakistani leaders to reassure those affected by the violence. Nehru promoted peace in Punjab during that momentous period in Indian history. The secular nature of Jawaharlal Nehru was best exemplified during those times. He took active steps to safeguard the status of Indian Muslims. The first Prime Minister Jawaharlal Nehru was one of the first Indian policymakers to understand the importance of cottage industries in the Indian economy. The development of such small scale industries infused much needed production efficiency into the rural Indian economy. The Cottage Industries also helped the agricultural workers to have a better quality of life. This is due to the additional profits generated by the farming community.

Musical cultures of native american and brazil Essay

Musical cultures of native american and brazil - Essay Example "Traditional music culture in Brazil and Native American cultures" essay describes the diversity of music styles of these cultures. These two groups of people have had a long history characterized by struggle, the strife and the final triumph. To begin with, The American Song published by Alexander Street Press. It is a large database that contains over 50,000 tracks which offer room for people to listen to and have a feel of America's past music. As such the database includes songs formulated by the Native Americans, the immigrants as well as slaves. Also inclusive in the database are Civil Rights songs, the political campaigns, Civil War among much more. The Encyclopedia of Natives Music: More Than a Century of Recording from Wax Cylinder to the Internet by Brian Wright-McLeod, illustrated by photographs and cover albums. And printed by Tucson: The University of Arizona Press, 2005 for Fine Art Music Collections provides vital information concerning the Native American culture. As such, the Encyclopedia of Native American Music recognizes contributions made by some Native recording artists by examining commercially released music history. Indeed it provides an overview of the recorded Native music while pointing out its historical value which has been organized by the genre for a much quicker reference. In addition, soundtracks as well as, compilation albums for artists have been included. As such this book enumerates some spoken word recordings and further includes comedy, poetry and audio books. Indian Blues: American Indian and Politics of Music, 1879-1934 written by, John W.T,    Norman: University of Oklahoma Press, c2009. As such, Troutman  examines the politics of music on the Indian reservations and public venues as well as, reservation boarding schools at the beginning of the 20th century. During this period , US government (Office of the Indian Affairs) was engaged in controlling the musical practices Indian Americans as a way of assimilating them. The author uses the opening of the Carlisle Indians School in 1879, and the enactment of the Indians Reorganization Act in 1934 at the start and conclusions. As such, he examines how the Native American, government officials as well as , the non-Indian audiences adopted musical practice in order to shape the Indian policy. Music of the First Nations: Traditions and Innovations in the Native North American edited by Tara Browner.  Urbana: University of Illinois Press, c2009.  As such, this anthology lays out a numb er of ways in approaching an ethnomusicology of the musical expression of the Native Americans. Concerning the Culture in Brazil, About.com Latin music describes different types of traditional songs performed in Brazil, more particularly; the samba, Bossa nova and Choro have been identified. Additionally, Buzzlle describes different forms of Brazilian music, and the musical instruments used, listing, Bateria, Ganza Shekere, and the tambourine among others RESPONSE TO III The challenges include language diversity, rise of global communications and the ease at which people move, increased competition, the American cultural exchange service, the Bahia

Brief a Case Assignment Example | Topics and Well Written Essays - 500 words - 1

Brief a Case - Assignment Example He was a Phoenix resident. Miranda was sentenced to serve between 20 to 30 years in prison. However, he appealed to the Supreme Court of Arizona stating that the police had acquired his confession through unconstitutional means. This court ruled against him and upheld his conviction. However, the U.S Supreme Court decided to review Miranda’s case three years after his original conviction as he decided to appeal for the second time. The legal question that the U.S Supreme Court had to ponder about was whether a suspect ought to be made aware of their rights prior to any form of interrogation. To answer this question, the Supreme Court had to analyze the American judicial system and provide new restraints that the society must follow when prosecuting individuals of any crime. The Supreme Court determined that if an individual is to be subjected towards any form of interrogation, they must first be made aware of their rights such as the right to an attorney that can be provided by the state if the suspect is indigent and even to remain silent (Clarkson et al. 210). Remaining silent was an option that the suspect could take but it had to come with an explanation that anything that the suspect would say could be used against them during a court hearing. This implies that if the suspect decides to withhold certain information and then produce it during the session, it could strengthen the case against them. The right to be provided an attorney during the interrogation was to ensure that the interrogation is undertaken on constitutional grounds. This was to ensure that the constitution is as fair as possible since the individual remains innocent until proven otherwise. This implies that the suspect not only has privileges such as remaining silent due to the protection of the constitution but also a consequence that could

History Term Paper Example | Topics and Well Written Essays - 2000 words

History - Term Paper Example The WPA project of the 1930’s recorded statements by fomer slaves. These statements rang truest when the interviewer allowed the subjects to speak freely. Henry Green’s voice is especially compelling: â€Å"I don’t know how old I is, young mistress. I was here ‘fore the civil war, young mistress. I was born in south Alabama†¦my mama name Emily Green, young mistress. She had three children to my knowing. I don’t know no father†¦I never went to school a day in my life†¦When I come to this state, Van Vicks and Bill Bowman immigrated one hunderd head of us†¦our family was landed at Phillips Bayou†¦I was a cowboy, me and George†¦Mama was a mik woman†¦I was willed to Mars Billy†¦Nobody run off from Boss William Green. He told ‘em if they run off he would whoop ‘em†¦the Ku Kluckses come one night†¦They was getting submission over the country†¦They would make you be quiet ‘long the roa dside†¦the Ku Kluckses whipped some, tied some out to trees and left ‘em. They was rough, young mistress† (Green, 1939). Green’s harrowing account of life during slavery, and the vengeance of the Klan after the Civil War, bears witness to the events that were to set the stage for the African American experience ever after. He reports voting, and owning a pony. ... Lincoln’s assassination led to the installment of President Johnson, who allowed the South to encact Black Codes of law whose main purpose was to preserve the antebellum status quo: a caste system ensuring that white men would retain their previous power (Davidson, et al, 2010, p. 474). Many states in the New South codified restriction on the freedoms that had been promised to African Americans. The former slaves were called freedmen, but in some states could not work where they chose, could not serve on juries, and could not rent or buy farmland. Johnson, a political coward, ignored the cries of outrage coming from the North, and eagerly adopted the Black Codes as well as eagerly pardoned many former rebels. In addition, Congress defeated proposals to give freedmen forty acres of land each. In these ways, land ownership was denied to African Americans (Davidson, et al, 2010, p. 475). New state constitutions were enacted in the South, which gave freedmen the right to vote, yet ignored social segregation. In response, African Americans developed their own important institutions--the black schools and churches. Literacy was extremely important to the freedmen and women, because they knew it was needed to defend their rights. The schools were faced with white opposition: â€Å"Hostile white southerners destroyed black schools and†¦even murdered white teachers† (Davidson, et al, 2010, p.482). The Freedmen’s Bureau stepped in to train black teachers. Black churches were hugely important at this time because they were the only institutions completely controlled by African Americans. The Black church offered sanctuary from the white wolrd, and a chance to form and nurture a new identity. The hopes and dreams of African Americans were set in

Social Welfare for Children in Kuwait Research Paper

Social Welfare for Children in Kuwait - Research Paper Example In general, the state is committed to providing the welfare of children as stipulated by the constitutional principles, as well as Kuwait’s international obligations under the conventions and treaties it has signed and ratified. Some of these treaties and conventions include the 1973’s International Labor Organization (ILO) Convention, which concerns the minimum age for admission to employment (No. 138), and the 1999’s ILO convention that concerns primary with the prohibition and immediate action for eliminating worst forms of child labor (no. 182). The government has taken the convention regarding the rights of children, and two optional protocol measures to protect the rising generation from any forms of exploitation, and spiritual or physical harm.   In addition, it guarantees a right to education, introduced free compulsory education, and delivers treatment as well as healthcare for infectious diseases. Therefore, the government has taken up a number of mea sures as discussed below in order to keep up with these principles (Worldmark Encyclopedia of Nations, 2007).   The government provides primary healthcare along with preventive services for children, in order to lower the mortality rates, and encourage healthy living behaviors. Furthermore, it also shields children from exposure to delinquency, neglect, bodily harm and infringements of their freedom through criminalizing such acts and imposing very high penalties on them (United Nations, 2011).   In order to deal with these.

Action Research- The starting point speech Assignment

Action Research- The starting point speech - Assignment Example This almost astonished me and led me to research the significance of learning English with respect to the impact of pupil’s interest and overall learning achievement. This helped me a great deal in initiating my starting point of research. For the purpose of understanding the impact of pupil’s interest in learning English language on overall learning achievement, I would categorize pupil into groups i.e. intensified interest in which students will be listed who claimed that learning English is very much important for them. The second group will include students who claim that learning English is to understand information in English whenever needed. This will help me understand the students who have more or less interest in learning English (Altrichter). I will also conduct a survey from both the groups before and after undertaking complete activities and tests as per the curriculum. In this way I will be able to measure the learning by evaluation undertaken so far throughout the semester. Also, to note is the fact that there have been a number of researches which have evaluated the learning patterns of non-speaker individuals in English courses but the aspect has been relatively touched to a shallow extent. It is for this reason that my research will help understanding the student’s self-implied approach to learn English language (Altrichter). As a starting point to the research, I will be taking a closer look at the databases to evaluate the past contribution made by different investigators done so far. This will not just help me to learn about the research method but also help in understanding the ethical and moral concerns of the research. I am also going to help my pupil learn English as per the approach they would want to take in the semester instead of putting my own chosen research criteria

Discuss Abraham Maslow's theory (hierarchy) on motivation, Essay

Discuss Abraham Maslow's theory (hierarchy) on motivation, particularly how evident and effective it is in our day-to-day decisions, actions and (college) study patterns - Essay Example Abraham Maslow in developed the theory in 1943. This theory aimed at understanding why the needs of individuals change over time. Abraham Maslow named this theory as the needs hierarchy of employees. He developed that there is a difference between the motives and drives and every individual has nine main needs and motives to work. He developed a hierarchy of the needs and expressed them as featured in the diagram below. 1. Biological requirements: these needs include the basics like sunlight, food, water, sexual expression, rest, and oxygen. These are the basic requirements in everyone’s lives without which anyone would die. 2. Safety needs: The need for security, comfort, tranquility, freedom from fear, and threat from the environment. These needs form the next highest needs of a human being. If these needs are not met, individuals could fell inferior and helpless and unsatisfied. 3. Affiliation needs: these refer to the needs of attachments, affection, love and belonging. If these needs are not met individuals would loss confidence however if a persons needs are satisfied the individual would become a self – confident. 4. Esteem needs: These refer to the individual need for achievement, self – esteem, independence, prestige, attention and appreciation. These needs basically refer to the need for a stable life and respect from others. 5. Knowing and Understanding: It is human nature to have a need to know and understand the various things around one self. This need is based on the curiosity, experimenting, philosophizing, learning and exploring. 9. Self – actualization needs: These are the highest form of needs in an individual’s life. These refer to the need of individuals to have a clear need to know them selves completely and develop to the full potential (Maslow, 1998). Maslow argued that each of these needs required to be fulfilled in the order of the hierarchy since the needs would not be effective motivators

Case Analysis Report Study Example | Topics and Well Written Essays - 1250 words

Analysis Report - Case Study Example They are situations that are merely beyond control of the organization. First, there were technical problems caused by weather conditions and malfunctioning of the parts manufactured by the contractors. At the time of different scheduled launches, there existed poor atmospheres that could not allow spacecrafts to operate. As a result, there was an adjournment at various dates. On the other hand, the parts that were manufactured by Thiokol were an ineffective and an exposed danger to human beings. Thus, there was need to correct them before NASA could operate as a result hindered NASA operations and reduced confidence from the stakeholders. NASA experienced economic shortage in finance due to reduced funding from the Congress. The country was embroiled in war with the Vietnamese, hence had reduced their support to the organization. Thus, they could not work as per their specifications and had to revert to more cost effective ways. This limited their goals and could not make effective decision on their own since there was a control from the government sect. Due to these inefficiencies, it meant that the organization could not achieve its objectives and had to be rational enough if they were to succeed. They had to prolong maturity dates of the project, abandon the most sophisticated space crafts and manufacture according to budget. The management also had to spread work as they did in the three branches to allow for more consultations and smooth workflow. Roger Bosjoloy was an expert in the solid rocket booster at the Morton Thiokol. He was charged to oversee an efficient manufacture of the O-ring rocket parts. The unit he led played a significant part in the launch of the challenger however much they experience technical problems. He was however in support of the launch of the challenger regardless of the problems he knew existed. To persuade

Sports economic about Revenue Variation of four major league Assignment

Sports economic about Revenue Variation of four major league - Assignment Example In terms of the NHL, the NHL has the least along with the NBA. According to the result of the Standard Deviation of NHL is 20.89767077, the standard deviation of NBA is 45.53190116. The standard deviation of NFL is higher at 60.8456452 and the SD of the MLB is slightly lower than the MLB’s Standard deviation of 58.84399793. As shown in the graph above, there a consistent relationship, positively related with both curves indicating an upward relationship all together. There is a consistent relationship between the standard deviation of the revenue in these leagues form part A. This is because as the table of Revenue and the year assumes an upward trend, it shows an increasing standard deviation as well as an increasing inflation rate that compares to2012. Considering the major league income and expenses, the 2003-2012 data reveals on the team name, revenue of 2004 and for 2003 and to the revenues of 2004 as well. According to the chart of NFL, there is a steady flow of revenue until the inflationary and the revenue balances remain adjusted over time. The difference between the inflation adjusted outcomes measures the outcome of the period’s inflation rate, thereby revealing the investments after removing the effects of the inflation. The unadjusted outcome relates to the increasing prices that offset demand. So it is safe to say that anytime during that period that the price of gas was above $2.60 in inflation adjusted terms it was expensive and whenever it was below that price it was cheap.   So obviously when it reached $4.00 a gallon in July 2008 it was expensive. And with the average for 2013 at $3.51 we are once again expensive. From the table of revenues for the NFL, it has a downward sloping pattern whereby the revenues reduce with time. This is an indication is reduced fanatics and it is not good for fan perspective. In business, when a competitor miss strategic success, then the business benefit. In game theory, it is

Guided Reading Essay Example for Free

Guided Reading Essay Abstract This paper will describe the leveling process and how leveled books fit into the reading classroom. It will also describe how to use tools yourself, to locate lists of leveled books, how the listed levels of a title compare between one you leveled, what the publisher class the level and the guided is reading classroom as a function. The last part of this paper will describe the instructional level of a student previously interview in Module 1. Guided Reading How to use leveling tools yourself Guided reading is an instructional approach that teacher uses when students are reading at the same level of instruction. The teacher selects books from certain reading levels to guide students to make connections from print to the text. The books are easily read with the support of the teacher. Challenges and opportunities for problem solving are offered in the text. Choice selection of the books from the teacher will expand their strategies. The purpose of guided reading is for the teacher to select books that students can read with 90% accuracy. When the story is introduced to the student by the teacher, the students, through their own strategies understand and enjoy the story because it is available to them. Pinnell, (2007) states that guided reading gives students the chance to apply the strategies they already know to new text. The teacher supplies support, but the ultimate goal is independent reading. Readers that have developed some since of print have already gained important understanding of it. If they have encountered a problem in reading they will monitor their own reading and check on themselves while searching for possibilities or alternatives How to locate list of leveled books. In order for the teacher to locate leveled books for their students, the teacher should select the students with similar reading habits and behaviors. These students should experience reading habits and behaviors in the same time frame. The guide lines of the choice of books should be not too easy, yet not too hard, and offers a variety of challenges to help readers become flexible problem solvers (Pinnell, 2007). When choosing a guided reading program or leveled books, the teacher should look for books that are similar to their knowledge, are interesting to them, support them to move to the next step in reading, and give just the right amount of challenge to ensure that problem solving is taking place while supporting fluency and understanding. Leveled book collection is a large set of books organized in levels of difficulty from easy books that an emergent reader might read, to the longer, complex books that advanced readers will select. The leveled books collections may be housed in an area where it is easily accessible. A key component in a guided reading program is the leveled books. The scholastic Guided Reading Program is a varied collection of books that are categorized by the kind and level of challenge they offer children as they are learning to read. The Guided Reading Program consists of 260 books organized into 26 levels of difficulty –Levels A-Z. Many different characteristics of the texts are considered in determining the level of challenge and support a particular book or short story presents (Pinnell, 2007) Some leveled books may consist of the teachers’ working collaborately together to construct leveled books from large collections of books. When teachers have been teaching a long time, they began to acquire the knowledge necessary to know what is easy and what is difficult for their students. When using the books frequently, the teachers will notice that categories of their collections will become more established (Scholastic. com) How the listed levels of a title compare between one you leveled. There are factors and criteria’s for leveling books. There is no distinct characteristic that can be used to evaluate text or reading materials. Some of the factors that are considered when evaluating text are length, layout, structure and organization, illustrations, words, phrases and sentences, literacy features, and content and theme (Scholastics. com). When compared the book that was leveled with the books in Scholastics, it was very close. The formation was based on the factors and criteria’s’ for leveling books. Guided reading classroom, how it functions, its advantages, and its disadvantages. The guided reading classrooms should have an independent reading practice location. This independent practice space should welcome students to a rich environment for reading. Teachers with a good sense of what a rich reading environment consist of will include in the reading practice location pillows or a couch for a feeling of an invitation to read. Students need to feel very comfortable when reading. The library in a guided classroom needs to be complete with rich and exciting literature. Some of the literature that should be included in the library is fiction, nonfiction, fantasy, magazines, current events, and sports and whatever you feel as a teacher that the students will be interested in. Technology is a major component of a guided reading classroom. It services as an independent and small group practice while the teacher is working with students in a small guided reading group. The guided reading groups should consist of four to six students at a time. The sessions for guided reading groups vary depending upon what level of readers you are dealing with. It is often 10-15 minutes for emergent readers, and 15-30 minutes for more advanced readers. Also in a guided reading classroom there should be cross curriculum centers for writing, art, and science which can be done at their desk with very little instruction. This would take very explicit planning on the teacher part. This will allow for the teacher to continue guided reading groups. A teacher-led small-group assessment area should be located in a place where the teacher has total vision of her classroom, but yet in an area where the students that are in the guided reading area can be together so that the skill can be implemented as one. Finally, there should be a designated area where the teacher can teach in a whole group setting. The advantages of a guided reading classroom when the teachers are working with a particular group, is that they can control what is going on in the classroom and ensure that the students are actively engaged at all times. By setting guided reading classrooms up this way, the teacher can take an informal assessment of behaviors whether or not the students are working in centers, at their desk or with the teacher in a guided reading group. The teacher should be taking running records, jotting anecdotal notes, or even conducting oral interviews if time permits. The disadvantages of this guided reading classroom is that it will take a lot of planning time to ensure that the centers all have meaningful activities that will help them read or increase their ability to interact with each other. Most of the time teachers do not have centers that are effective because of the necessary time needed for preparation to ensure an effective guided reading classroom. These guided reading groups should constantly change from week to week to ensure that all students are actively engaged in a differentiated atmosphere. Student from Module 1 This student could fall between emergent literacy and beginning reader because in module 1 the student started finger pointing and looking at the picture to determine the words. Also the student had trouble with the recognition of sight words. The student experienced difficulty with decoding unfamiliar words. This was a 3rd grade student that seemed very happy at home. The student does understand the concepts of print and words. Even thought she had trouble with decoding unfamiliar words, she seems to have phonological awareness. Knowledge of alphabets was noted. Her Independent level was grade 1, Instructional grade 1-2, and Frustration Level is Grade 3. Can this student benefit from a pull-out intervention program that focus on sight words and decoding? Conclusion This paper described the leveling process and how leveled books fit into the reading classroom. It will also described how to use tools yourself, to locate lists of leveled books, how the listed levels of a title compare between one you leveled, what the publisher class the level and the guided is reading classroom as a function. The last part of this paper described the instructional level of a student previously interview in Module 1. References Pinnell, G. S. (2007, Guided Reading Program, Scholastic, Scholastic, Red, New York, NY Scholastic. Com Retrieved September 14, 2009 from http://www2. scholastic. com/browse/article. jsp? id+4177.

Hereford Plays series Essay Example for Free

Hereford Plays series Essay After the complex events of the scene before, Marco jumps in to try and regain his brothers dignity. This is his family and he cannot let Rodolpho be disgraced like that or be hurt; whether it was just a stagger or not, Eddie was out of order and Marco wont allow it. As Catherine and Rodolpho dance, Marco discusses a friendly challenge: Marco takes a chair and places it in front of Eddie. Eddie has to lift the chair as far up as he can with one hand holding it by the bottom of one leg. As Eddie kneels and grasps the leg he lifts it by an inch whereas when Marco tries it he lifts it all the way above his head. This simple action obviously had a motive behind it: to warn Eddie to lay off his brother but Eddie consciously knows that he wont give up that easily. Marco has shown that Eddie may think hes more of a man than Rodolpho but Marco is more of a man than Eddie; this event has generally shamed Eddie in his home, which is something this character feels very strongly about as the head of the household. The scene needs a sense of oppositon and competition. In order to emphasise what is to be a true test of strength, the onlookers (Rodolpho, Catherine and Beatrice) need to have complete awareness and support of Marcos triumph. In this scene you have to visually compare the failure of Eddie in comparison to the triumph of Marco. While Marco is lifting the chair he is struggling and the tension in his neck, face, arms and especially his facial expression is needed to portray not just victory of lifting the chair but the victory of putting Eddie to shame and gaining some respect for his brother. This scene is a turning point in the story because Eddie now knows that if he wants Rodolpho out of his life hell may have to take even more extreme measures and the battle has turned from not just putting Catherine off of Rodolpho but to get these immigrants out of his house. Its important for its visual impact on the audience because its dramatic actions of a fight for strength and self-dignity turns the whole generalisation of the story from a happy family get-together into a potential crime against his (Eddies) family and the Sicilian community (as quoted from synopsis/pri cis of the book). Its also important because it shows Marcos justified slyness; justified because he has dishonoured Eddie but only in retaliation to Eddie taking advantage of Rodolpho. As soon as Marco said Here and started to lift the chair it is the beginning of Eddies slowly increasing shame and disgrace. The victory celebration should idealistically be a smiled expression (from Marco) as if to imply to Eddie that no-one messes with his brother or else theyll answer to him. As director I would issue the following instructions: Catherine: youre enjoying your dance with Rodolpho and you are nai ve as to what might be going on with Eddie and Marco so keep off guard and treat the situation as though its just a bit of fun between them. Beatrice: you have realised that Eddie feels discomforted at the weak position that he has been put in; however you believed that he deserved it and you are just hoping that Eddie has learned his lesson and will not interfere again. Act supportive at his distress but dont destroy is ride by talking about it too much (as your character would naturally do) Eddie: you have to accept Marcos offer very boldly and confidently as Catherine might be watching and you dont want to back down now. Your facial expression has to show repressed rage at Marco; grind your teeth and be silent to keep your pride, you want everyone else in the room to feel that what has happened doesnt mean or prove anything so get on as though it didnt happen although youre still much aware of the damage that Marco has done Marco: you are proud of what you have accomplished but youre not going to look like a show off; if you win gracefully it will add to Eddies shame which is something you want to do. Your facial expression should say Im triumphant and taking it well In conclusion, Eddie cares about his family and the responsibilities that come with it. He was strict in the upbringing of Catherine and had the utmost respect for his wife. Even though he made a fool of himself and died just for his name (his dignity) we must recognise he had a strong and defiant will or view that was his own and that he fought to uphold, such as his primitive mans view that there must be a law that keeps Catherine from marrying Rodolpho because he is supposedly a homosexual. The bottom line is Eddie should have settled for half meaning he brought Catherine up and now it was time to let her go. So in the end, Eddie dies to keep his pride and his name but doesnt even gain the audiences admiration because his actions were unnecessary. As quoted by E. R. Wood, who wrote the introduction in the Hereford Plays series (1975) publication of A View From The Bridge, To be a tragic hero, you do not have to be in the right; you have to be true to yourself. So Eddie was guilty of destroying the lives of these immigrants and the only honourable way out was to die.

IOP Spike Control after Intravitreal Anti-VEGF

IOP Spike Control after Intravitreal Anti-VEGF In ophthalmology many ophthalmic procedures are there in which there is a spike of intraocular pressure after the procedures. Cataract surgery, argon laser trabulectomy (ALT), yag laser capsulotomy, yag laser iridotomy, trabulectomy, pars plana vitrectomy are few to be named. The new anti VEGF therapy is an addition to the prior list. Many IOP lowering drugs have been used in different procedures to stop these spikes. For ALT 1% apraclonidine, an alpha agonist has been found to be the most effective against the IOP spikes, but 0.5% has also been found to be equally effective. Brimonidine an alpha 2 adrenergic agonist has also been shown to be effective and safe choice. For cataract surgery different drugs have been used treat the postoperative increase in IOP. These include carbonic anhydrase inhibitors, prostaglandin analogs like latanoprost, alpha agonists like apraclonidine and brimonidine, beta-blockers and miotics (intracameral carbachol and acetylcholine). Similarly intravitreal injection of triamcinolone has been complicated with a rise of IOP and have been controlled effectively by beta blockers, but some may need aggressive treatment. Different researchers have worked on the control of acute spikes after the intravitreal injection of anti-VEGF, showing varied result. Some have advocated the use of IOP lowering medicine while other negating the need all together. Lim Young et al showed that the prophylactic use of fixed dorsolamide/timolol combination eye drops before the intravitreal anti-VEGF injection was a safe method of preventing IOP spikes occurring immediately after the intravitreal injection of anti-VEGF. He showed that the mean IOP at 5 minutes and 30 minutes postoperative was 14.12 Â ± 4.18 mm Hg and 10.87 Â ± 1.58 mm Hg in group 1 using IOP lowering medication while it was 28.21 Â ± 3.16 mm Hg and 17.48 Â ± 2.34 mm Hg in control group 2, respectively.9 He showed that there was a significant lowering of mean IOP at each reading at 5 minutes of interval. Frenkel et al showed the use of IOP-lowering medication prior to injection of pegaptanib, ranibizumab, or bevacizumab had little effect on the IOP spike. The failure of lowering the IOP spike was implicated to be due to the inability of these medications to counteract the volume-related mechanism of the IOP spikes after anti-VEGF injections. However, it was stated that there might be benefit to lower the IOP before intravitreal injection. In their study 2 cases of sudden loss of vision were reported due to the high IOP spike which prompted them to do anterior chamber paracentesis.8 It was also stated that the prophylactic use of medication in patients with advanced glaucoma receiving pegaptanib intravitreal injection or patients receiving 0.1 ml of bevacizumab could be considered because their study showed that it lowered IOP at the 3- to 10-minute interval in these patients. In another study done in 2013 the IOP lowering effect of Dorzolamide/Timolol and Brinzolamide/Timolol were compared with a control group. They measured the IOP after every 5 minutes for the first half hour and the next day and week after that. For all the 3 groups, the changes relative to the baseline at 5 and 30 minutes after intravitreal injection was found to be significant. Also when the groups were broken down as to whether receiving bevacizumab or ranibizumab, again the mean decrease of IOP compared to the control group was found significant. El Chehab et al have also found that the prophylactic use of fixed combination of timolol with brimonidine or dorzolamide and of 1% apraclonidine could not only reduce the IOP spikes but also their duration; and both the combination and 1% apraclonidine had equal effect. However the use of oral acetzolamide 20 minutes prior to the intravitreal injection was not proven to be effective. Evaluating the efficacy of timolol 0.5 % and brimonidine 0.2 % eye drops as a fixed combination in preventing IOP spikes Theoulakis et al found that twice a day instillation on the day before and before the time of injection in eyes which were scheduled for intravitreal ranibizumab was a safe and also effective in controlling the IOP spikes. IOP LOWERING MEDICATIONS Most of the IOP lowering medicines are administered topically. They are absorbed through the cornea and conjunctiva; mainly acting locally on the eye. Many anti glaucoma medicines have been used. The main groups of drugs are as following: BETA- ADRENERGICANTAGONISTS They are the most prescribed drugs of IOP control. There are a total of five topical beta-adrenergic antagonists which are currently FDA approved for managing high intra ocular pressure. They are timolol betaxolol, carteolol, metipranolol, levobunolol. Betaxolol is selective beta1 selective antagonist, and is safe to use this drug in patients with pulmonary and cardiac problems. The mechanism of action is to reduce IOP by decreasing the production of aqueous by inhibiting the production of cyclic adenosine monophosphate (cAMP) in ciliary epithelium. The IOP reduction is upto 20 to 35%. The effects of beta blockers occur within an hour after its instillation. Timolol is available in the market in concentrations of 0.1%, 0.25% and 0.5%. The recommended dosage is 1 drop two times a day. Burning, allergy and corneal epithelial erosions are the main ocular side effects. It can be absorbed systemically and can cause systemic side effects like bronchospasm, bradycardia, hypotension, respiratory failure. Timolol maleate has a molecular weight of 432.50. It is an odorless, white, crystalline powder that is soluble in methanol, water and alcohol. It is compounded as an isotonic, sterile, buffered solution available in two strengths: 0.25% Timolol maleate eye drops contains 2.5 mg of timolol (about 3.4 mg of timolol maleate). It has a pH of approximately 7.0, and an osmolarity of 274-328 milliosmole. And each ml of 0.5% Timolol Maleate eye drops contains 5 mg of timolol (about 6.8 mg of timolol maleate). The Inactive ingredients are usually monobasic and dibasic sodium phosphate and sodium hydroxide to adjust pH. Preservative used is Benzalkonium chloride 0.01%. PARA SYMPATHOMIMETIC AGENTS They act by stimulating sphincter pupillae and ciliary body by acting on the muscarinic receptors. They cause the contraction of the ciliary muscles which thus increases the aqueous outflow through the trabecular meshwork. Pilocarpine is the commercially available drug in this group and is compounded in concentration of 1%, 2%, 3%, and 4% and the recommended dosage is 1 drop 4 times per day. Ocular side effects are miosis, induced myopia with brow ache, retinal detachment, and cataract. Systemic side effects after its absorption can be of diarrhea, vomiting, abdominal cramps and bronchial spasm. CARBONIC ANHYDRASE INHIBITORS (CAIs) The enzyme required for aqueous formation is carbonic anhydrase. The CAIs cause inhibition of this enzyme and thus cause a decrease in the aqueous humor secretion by the ciliary epithelium. Carbonic anhydrase is required for catalyzing the reaction of CO2 to H2CO3 which further splits into HCO3 _ and H+. The bicarbonate ions are pumped along with sodium ions into the posterior chamber along with diffusion of water for the formation of aqueous humor. Carbonic anhydrase is present in ciliary body in excess. 99.9 % of the enzyme must be inhibited before a significant decrease in IOP can occur. Dorzolamide and brinzolamide are the commercially available eye drops in market. They have a good corneal penetration, and are also water soluble. These agents are able to reduce IOP upto 14-17%. Adverse effects of topical CAIs are burning and stinging of eyes on instillation, conjunctivitis, blephritis, corneal allergy, corneal punctuates keratitis and can also cause bitter taste. The systemic used CAIs are methazolamide and acetazolamide. They also cause inhibition of carbonic anhydrase in ciliary epithlium thus reducing the reduction of aqueous humor. As it is taken orally systemic side effects of CAIs include metabolic acidosis, leading to alkaline diuresis which result in hypokalemia. So potassium levels should be regularly checked in patients using CAIs on long term basis and oral potassium supplement should be recommended to all these patients. Other side effects include renal stones formation and central nervous system side effects like numbness and tingling of hands and feet, depression, anorexia, and nausea. Dorzolamide hydrochloride has a molecular weight of 360.91. It is a white to off-white in colour, in a crystalline powder form, which is also soluble in water, methanol and ethanol. ADRENERGIC AGONISTS Adrenergic agonists act by increasing the uveoscleral and trabecular meshwork outflow thus causing decrease in IOP. Epinephrine has a mixed action of being an alpha and a beta agonist. Its effect usually begins at 1 hour and reaches a maximum at 2-6 hours. Topical epinephrine drops usage has been stopped due to frequent systemic side effects of headache, palpitation and cardiac arrhythmias. The main ocular side effect is cystoid macular edema and black pigmentation of conjunctiva. Commercially available topical form is dipivefrin hydrochloride 0.1%eye drops, which is a prodrug of epinephrine. It is converted by the enzyme esterase into epinephrine in the cornea. Because of its high lipid solubility and corneal penetration a low dose is required as compared to epinephrine and thus has less side effects. The selective alpha 2 agonist apraclonidine and brimonidine are indirect acting adrenergic agonist which act by decreasing aqueous production and also the episcleral venous pressure and thus improving the trabecular outflow. Apraclonidine is associated with tachyphylaxis while brimonidine has less of this problem. Brimonidine tartrate is available commercially in 0.25 and 0.15% eye drops. Its reduces IOP by 26% at 2 hour of interval. PROSTAGLANDIN ANALOGUES Prostaglandin analogues are relatively a new class of IOP lowering drugs. Four prostaglandin analogues have been approved by the FDA for clinical use. Latanoprost was the pioneer drug to be developed and used in this group. Others are travoprost, bimatoprost, and unoprostone. Latanoprost is a pro drug which penetrates the cornea and then is turned into active form. It enhances the uveoscleral outflow and thus lowers the IOP upto 25-35%. The dosage is one drop per day which makes the compliance of the patient better. The main ocular side effect is darkening of the iris and the periocular skin, by increase in the number of melanosomes in the melanocytes. Other side effects include conjunctival hyperemia, hypertrichosis, uveitis and cystoid macular edema. Systemic side effects are flu like symptoms, skin rash and uterine bleeding. OSMOTIC AGENTS Osmotic agents act by decreasing the vitreous volume by removing the liquid out of the eye into the circulation. The osmotic agents can be given orally or intravenously. Oral agent is glycerin while urea and mannitol are given intravenously. The osmotic activity is dependent upon the number of particles in the solution which cannot cross over and maintains the osmotic gradient between the compartments. Mannitol is given intravenously because it cannot be absorbed from the gastro-intestinal tract. A rebound increase in IOP and local tissue necrosis limit the use of urea. Glycerin is most commonly used oral osmotic agent which is given along with cracked ice to dilute its nauseating feeling. In patients with diabetes a non-metabolized sugar isosorbide can be used instead. Several fixed combinations have been developed which are available in markets used for IOP-lowering. Most of these fixed combinations contain timolol (dosed once or twice daily) combined with either adrenergic agonists, prostaglandin analogs, and CAIs. COMBINATION Fixed combination timolol maleate 0.5% with dorzolamide hydrochloride 2% was first introduced in market in 1998. Each milliliter of drug consisting of 6.83 mg timolol maleate and 22.26 mg dorzolamide hydrochloride. Timolol inhibits aqueous humor production by down-regulating adenylate cyclase by inhibiting ÃŽ ²2-adrenergic receptor sites on the ciliary process . While dorzolamide acts as a selective inhibitor of Carbonic anhydrase II enzyme, present on the ciliary process. The local bicarbonate production is slowed down, which as a result decreases sodium and fluid transport and, finally, decreases the aqueous humor production thus lowering the IOP. Because the mechanisms of action of both the drugs differ, they provide an additive effect when used together. Fixed combinations of drugs have been found to improve the compliance of the patient by reducing the number of eye drops used daily. Moreover the IOP-lowering effect of fixed combination timolol and dorzolamide was found to be greater than that of either drug instilled as monotherapy. In addition the load of preservative is also reduced along with any wash out of drug when the drugs in monotherapy are instilled one after the other.

Marketing Case Study Essay -- GCSE Business Marketing BTEC Coursework

Marketing Case Study Marketing Mix: The term marketing mix is used to describe the all the options available to the marketing manager in order to market a particular good or service. It is often referred to as the 4P’s(i.e Product, Place, Promotion, and Place) The Product Variable: This aspect of the marketing mix deals with researching consumers’ product wants and designing a product with the desired characteristics. This is a very important element of the marketing mix because it directly involves creating products and services that satisfy consumers’ needs and wants. The Place Variable: To satisfy consumers (i.e their needs and wants), products must be available at the right time and in a convenient location. In dealing with the place aspect, a marketing manager seeks to make products available in the quantities desired to as many consumers as possible. The Promotion Variable: This aspect relates to methods used to inform one or more groups of people about an organisation and its products. Promotion can be aimed at increasing public awareness of an organisation and of new or existing products. It can also be used to educate consumers about product features or to urge people to take an interest in that product. The Price Variable: This aspect of the marketing mix relates to the activities associated with establishing pricing policies and determining product prices. Price is a critical component of the marketing mix because consumers are concerned about t...

Business Ethics Essay -- Papers

Business Ethics Business ethics is a diverse field that cannot be defined with a single definition. This area addresses numerous issues, problems, and dilemmas within the management of businesses. Does this through numerous perspectives and methods. Of course, in order to present the complexities of business ethics, we must explore the types of issues that business professionals are continuously confronted with. To understand one must know the definition of corporate ethics as well as knowing what the ethics of responsibility are. After defining what ethics are, we then need to see how these are played out within management. This will show the decline and fall of business ethics over time and how whistle blowing has played its part. Business ethics not only portray humans, but also how businesses treat the environment. The majority of European and U.S. CEO's and higher ranking managers define corporate ethics as a subject that is to be dealt with at three levels; (1) the corporate mission, (2) constituency relations, and (3) policies and practices. The corporate mission is the most easily recognized and widely applicable category. Executives say that the enterprise in which they are engaged in, and the products or services that they market, should serve an essentially ethical purpose and that a companies first ethical responsibilities are defined by the nature of their objectives (Madsen and Shafritz, 1990). Managers also speak of constituency relations when formulating their company's ethical standards. This usually requires the creation of statements of corporate responsibilities for each individual company. Most of the codes describe the company's commitment toward certain groups rather than... ...from all. Business ethics are complicated, multi-issue problems that are ever changing in our fast-paced world. It is a very complex issue entailing many things from corporate ethics to the ethics of responsibility. Whistle blowing is one result of declining corporate ethics and the decline of ethics has declining corporate ethics and the decline of ethics has led to negative impact on the environment. These complex issues must be addressed or an ever increasing basis in the future. REFERENCES Madsen, Peter. Shafritz, Jay, M. (1990). Essentials of Business Ethics. New York, NY: Author. The Wall Street Journal. (1989). Dow Jones and Company Inc. Magnet, Myron. (1988). The Decline and Fall of Business Ethics. Fortune: Time Inc. Benson, G. C. S. (1982). Business Ethics in America. Lexington MA: D.C. Heath and Company.

United States Foreign Policy and the War on Terrorism Essay -- Argumen

United States Foreign Policy and the War on Terrorism In very general terms, it could be said that the United States makes foreign policy decisions based on what we hope are the best interests of its citizens. On the surface, it would appear as if this has been the case over the past several months, as the U.S. has waged its war against terrorism. If one were to penetrate this surface, however, they would see that there is much more to this conflict than meets the eye. Is Operation Enduring Freedom indeed justifiable? Most people would say yes, it is in our best interests, because our forces are fighting against an injustice, for the purposes of establishing a peaceful environment and bringing about humanitarian relief, which will ultimately deter future terrorist acts against our nation. As a matter of fact, a poll conducted by Public Agenda concluded that although most Americans agree that the U.S. should not be a global policeman, it should maintain its military powers and remain actively engaged around the world, and that one of the most effective ways of combating terrorism is through the use of military action (Public Agenda). On the other hand, the war has devastated the civilian population of Afghanistan, with thousands of casualties caused either directly, or indirectly, by the repeated bombings and the massive starvation plaguing the region. There is a fine line separating the instances when the killing of civilians is acceptable, and when it is not. In most cases, it is not acceptable, and as American citizens, we need to have a much greater awareness of this concept. It is usually the case that most citizens in a war-torn country have done nothing to provoke an attack, and as a result, they should not have to... ...ppen is through the instigation of a foreign policy that treats all people equally, and with compassion. Now, more than ever, Americans should understand the need for compassion in this world, and the need to integrate it into our efforts overseas, because people are suffering everyday, and we have the means of averting this misery. Bibliography Finkel, Michael. ?To Wait or to Flee.? The New York Times Magazine. 17 February 2002: 32-38, 63-68. ?Killing Them Softly: Starvation and Dollar Bills for Afghan Kids.? Global Issues. October 2001. ?Public Agenda.? Public Agenda. 5 March 20002. . Sikkink, Kathryn. ?A Human Rights Approach to Sept. 11.? Social Science Research Council. 5 March 2002. .

Activity Analysis

Cost: The price depends on what kind of computer is bought and what type of internet is purchased. A computer can range anywhere from $400. 00 to $1000. 00 and high speed internet usually costs around $20. 00 a month. For this activity an HP computer is being used which costs $429. 99 and high speed internet for $20. 00 a month. Overall cost for one year: $669. 99. Preparation: Must have an email account, know the email address of the person the email is going to, and buy a computer and the internet. Time: 35 min-10 minutes to find email address of the friend and 25 minutes for composing an email. Space Needs or setting required: Indoor, computer desk with computer equipment, well lit area, and an the size of the area does not matter as long as a computer desk and chair can fit. Activity Qualities: Teens, young adults, and adults may find this task meaningful. This task would also be meaningful to businessmen. This activity may not be not enjoyable for the late baby boomers. Occupation: Social participation such as engaging in communication with friends and family. Leisure interest such as relaxation and feeling of involvement by communicating with others. Supervision: None  Precautions: Those with visual impairments, cognitive delays, and proper fine motor control may experience difficulty when performing this task and will need supervision to provide verbal step by step procedures. Contradictions: Not appropriate for those with complete blindness and a major cognitive delay. May not be appropriate for those with profound deficits of gross and fine motor control. Motor Skills: Sensory awareness required. Sensory processing including visual acuity, visual stability, vestibular functions, proprioceptive functions, touch functions, and pressure awareness. Neuromusculoskeletal related functions include joint mobility, joint stability, muscle power, muscle tone, muscle endurance, motor reflexes, and control of voluntary and involuntary movements. Motor skills that are needed for this task are gross, fine, crossing the midline, bilateral integration, and praxis. Also postural control and alignment are important for this task. Process Skills: For this task, attention span, memory, and perception are needed. Also, thought, sequencing, prioritizing, creating, multitasking, and judging are used for this activity. Communication/interaction skills: Interests, self-concept, role performance, social contact, perceive, influence, and relation to others are important to this task. Displaying and perceiving emotions are important to relate to others. Self-control, interpersonal skills, and self-expression are also needed. ADL/IADL Performance Areas: The fine motor skills of sending an email can be helpful in feeding, eating, dressing, bathing, personal device care, and personal hygiene. The cognitive skills of this activity can also help with personal device care and personal hygiene. This activity can also help with communication management by using the communication skills needed to send an email. Work/education performance areas: This activity can be helpful for those seeking employment and job performance. Being able to send an email will enable a person to better their career by sending professional emails. It will also help with job performance by using cognitive, gross, and fine motor control needed to send an email. Leisure/play/social participation areas: This activity can be continued as a leisure activity and can enhance play exploration and participation. It can enhance play by meeting new people and exploring new interests. It can also better social participation by exchanging information with friends and family. Continuous communication with people will improve social skills. Adaptation: Potential for adaptation is very good. May use raised or enlarged keys on the keyboard for those with a visual impairment and low sensory integration. May also increase the zoom on internet pages so a person can see a larger image. With someone who has limited ROM, a wireless keyboard would work best. This way the person can set the keyboard on lap. The mouse can be adapted by enlarging it and adding different texture for the right and left click. This way, the person is aware of the different sides. Grading: Adding wrist weights to hands will improve arm strength. Placing the keyboard and mouse further from the person will encourage reach while sitting. Using a therapy ball instead of a chair will encourage concentration and attention span. Making the keys on the keyboard smaller and the mouse smaller will enhance fine motor control. Disabilities: Those with mental health issues such as depression, anxiety, bipolar disorder, and personality disorder would benefit from this activity by improving social skills and having someone they can talk to. Those with strokes, MS, autism, and rheumatoid arthritis would benefit from this activity which would improve social, cognitive, and fine motor control skills. Goal: Within the OT treatment session, the patient will be able to type 100 words within 10 minutes. Habits: This activity can influence habits by  Environmental Aspects: Sending an E-mail can influence cultural context because for most it is common to use the computer and is the America is beginning to use the internet for sending mail instead of the post office. For personal context, this activity is mainly used by teens, adults, and middle adulthood. For Temporal context, this activity influences it because cards such as, holiday cards, sympathy cards, wedding invitations, and birthday cards are being sent through email. This activity influences virtual context because it is using the internet. It influences social context because it is a quick and easy way to exchange information.

Ethics of Teachers Essay

instructors argon lastly viewed as perfect in the eye of their assimilators therefore, their demeanor should symbolise a mettlesome standardised of respectable reason and protocol. Teachers argon part of the educational routineivityal world and should non participate in un respectable conducts which whitethorn deter the method of analyzing and conclude of bookmans. The spirit of instructors is crucial when they whitethorn match the upcoming c beer closes and educational rail of their savants.Although teachers may not be signifi advisetly aw atomic number 18, they atomic number 18 held to towering standards by their bookmans and they are extremely heavy various(prenominal)(prenominal)s that may preserve the c at onception of a students educational achiever. The collateral behavior that teachers vibe to their students advert their pauperizational trends which put ups them to excel. How forever, often times teachers may display cast out emotions tha t may roundabout way a students path and leave them feeling unworthy, unappreciated, and the desire to break up on their future goals.Students sink the majority of their life in the tutorroom, which fill ups that the general organizational culture and morality that teachers exemplify in the schoolroom go out ultimately affect the mindset of students. The focus of this writing bequeath be to compare and melodic line the over al unrivalled culture in the schoolroom of students surrounded by prescribed and negative teachers. I go out explicitly adumbrate the factors that will ca social occasion a student to excel or pall imputcapable to the organizational culture that is embedded at heart them.I will further conclude the paper by implying that teachers are to a greater extent important than the subject gives they may teach, exclusively are the educational leading that soak up a of import impact on the lives of their students. Introduction The fundamental intera ction in the midst of teachers and students is particular to produce spicy-level student culture and achievement. The teaching ways of teachers may be relate to object lesson management they display wish and fairness in their teaching surround.In relation to Stakeholders, teachers may be viewed as a headst mavin stakeholder in the theatre of operations of education since they are the main(a) recognise holders that lay the instauration of the future of the students. In order for teachers to deedively influence their students in positive directions, they will draw to butt strong ethical value. Being an single(a) of high ethical values, two fundamental questions are composite, What is the stiff subject to do and why should you do the obligation thing? (Bowie and Schneider, 2011).Teachers corroborate the moral certificate of indebtedness to fight their character to a higher(prenominal) standard in the presence of their students. The teacher as a stakeholder i s expected to possess the headmaster knowledge to lead the students in instruction. However, It is ambitious for teachers to vary the culture and prolong a positive view in the eye of their students without parental support. Parents are the educational stakeholders that suffer parental guidance for the students and the support for the teachers publications Review The empowerment of teachers will drive the empowerment of students (Short and Greer, 2002). As educators, teachers read to action the ethical standards that enjoin virtues of honesty, compassion, and loyalty. And, ethical standards intromit standards relating to rights, such as the right to life, the right to freedom from injury, and the right to privacy. Such standards are adequate standards of ethics because they are support by consistent and well-founded reasons (Bowie and Schneider, 2011).Teacher nurture to continuously be involved in the moral beliefs and conducts and strive to get a line that they shape t he future of their students lives under a solid root word of ethnicity. Relating to the Domains of Human Activities, teachers may relate to the triads of Moultons continuum into the categories of Positive Law (Codified moral philosophy Regulation), moral philosophy (implementation of moral values, requiring wholeness and practice, and Free cream (liberty, allowing creativity, self-fulfillment and license). Positive Law would note to the Code of Ethics have to detain by to ensure equality to their professing of teaching. The professional educator accepts personal office for teaching students character qualities that will serve up them evaluate the consequences of and accept the right for their actions and choices (Campbell, 2006). altogether teachers have a Code of Ethics that they are chastely responsible for upholding. The foundation to the success of teachers is their ethical and moral reasoning that is their guide of doing what is right in their schoolroom and teach ers with high integrity respect the values of their Code of Ethics.The National knowledge stand (NEA) has created a code of ethics for the contrastive necessitate of the teaching profession, which are ? glide slope to varying points of view ?Do not distort subject matter ? value students from harm ?Do not shame or disparage ?Do not discriminate ?Do not use professional relationship for private profit ? Do not disclose confidential information Teachers of high integrity, have an intrinsical awareness between ethical and moral principles. They display ethical knowledge which includes a backbone of right and wrong, palming others with respect, being objective, uncomplaining and compassionate. Embodying ethical knowledge gives the teacher the business leader to practice their teaching skills with morals and ethics and not just viewing their production line as being teaching tho (Campbell, 2006). A teachers rationale to success may be based on the proverb of Winston Chur chill, Mountaintops inspire leading but valleys mount them (Pockell and Avila, 2007). Teachers should give their students the freedom of choice and self-realization which will promote a sense of unity with the teachers and students.However, with regards to liberty, it should be limited to value the ethics inwardly the schoolroom. Ethics in the schoolroom should be valued to a high standard to maintain the organizational modality in the schoolroom. Each schoolchild graduating from the elementary, secondary, or higher lines of education should call for personal advice and direction regarding further education or employment (Horne, 1970). An excellent modelling of how teachers with high ethical values erect impact student achievement is predominate in a School clay where elementary students where posterior in their on-going grade level.The Elementary Alternative Education Program was established to help students locomote maked to excel in their educational venue. Th e program was targeted at students that were two-three years behind in their current grade and was over-aged for their grade level. The teachers that move to give instruction the students had a high level of moral and ethical responsibility to motivate their students and transform their students to become students of higher academic success teaching.The table to a lower attitude depicts the melioratement in academic of students from the 2007 2008 school year till the 2010-2011 school year. The entropy below indicates that the students enrolled in the program with the economic aid of their teachers are now on the thoroughfare on Graduation from high school. The students were deemed out of ease up(predicate) to teach due to their classroom behavior and other factors, but with the determination of their teachers they have increased their academic level. The National authorization of Economic Research has indicated that Good Teachers trick up Student Achievement.Although t here is no funds bullet that guarantees that every student will be successful, now more than ever research provides guidance about the characteristics of effective schools and effective teachers that, if followed, can help increase school and ultimately student movement (Horne, 1970). According to Post, Preston, and Sachs, The stakeholders in a spate are the individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and that are therefore its strength beneficiaries and/or risk bearers.In similitude with this model, teachers are the stakeholders that voluntarily work to improve the success of their students through motivation and determination. However, the primary impact of teachers whether they are successful in improving academic success or not is to educate the students. Every student has the ability to run across, however, they need a teacher that has a passion for teaching to educate the students. In regards to the Stakeholders Analysis, teacher has to identify the needs of their students and execute a plan to onrush the problem for face-value.As teachers, it is important to encounter that all students are variant and they should hire different methods to attempt to lay down their students. The large picture that teachers normally use to motivate them to help their students is the graduation rate. The success of student cannot be done alone. Teachers have to reach out to the parents to unite as one to help the students since their common goal is the success of their students. frequently times students are unfortunate to be enrolled in the classroom of a teacher that lacks integrity and the culture of the classroom is detrimental to the learning process.The culture of the classroom is set by the teachers and the students. If the overall organizational culture of the classroom is disorientated, then the students will be ineffective in playacting their daily tasks. Teac hers mustiness be able to present their material, effectively manage their classrooms, quicken maximum student involvement, and ultimately, enhance student learning. The vision implementation of teachers affects the performance and more attitudes of many of their students. (Kirkpatrick and Locke, 1996).Teachers have to ensure the classroom climate is has a positive effect on the students and that the motivational factors are supportive in the overall success of the students. As with many aspects of classroom management, the most important factor in creating a positive classroom environment is the teacher, and this is where the process must lead off. The climate in the classroom is of course more than the physical classroom environment. It is a process that builds the psychological framework for all activity that happens in the classroom.The classroom climate is not just about motivation and student well-being, it is a major fixings of the context for successful learning. Real learning cannot take place in a negative classroom climate. According to the Jones come forward Contingent Model, teachers that have negative impact on student achievement snap off to utilize ethical reasoning spot attempting to teach their students. The failure may rescind from attempting to teach all the students in the alike(p) process with utilizing Differentiated Instruction to reach all students.If they would have used the price reduction of Ethical Decision-Making Model, then they would have cognize the different stages of Differentiated Instruction and had a positive impact on their students. Teachers that fail to differentiate their teaching is modeling flagitious management, meaning they are they are displaying minimum ethical reasoning with the students. As teachers, they have the responsibility to educate the children as a moral obligation to the students, parents, and themselves. By helplessness to address the needs of the students, they are delineation low m oral transport.Moral intensity of the have sex itself does have a significant role and could influence teachers in their ethical decision-making process as their attention to the issue are being directed by the embedded intensity level of the respective issues. The primary goal of ethical reasoning is to help individuals act in morally responsible ways (Weiss, 125). While innate(p) rights are the basis for justice, rights cannot be know nor does justice become operative without power. The interaction between ones ethical philosophies can influence the ethical decisions that an individual can make.Teachers are liable to treat each student in their classroom with an equal right to the most broad basic liberty compatible with a similar liberty for others, which in their quality is their education. Teachers have the moral obligation to treat all students in the classroom equally. They have the right to receive an education and the teachers highest level of knowledge that may disp layed to them. Teachers are faced with many trials and tribulations in the classroom, but they have the moral obligation to provide students with a environment tributary to learning.For students to achieve, it is the responsibility of teachers to provide a classroom culture that will increase a students motivational factors. Feedback, where positive or negative can promote student achievement. Teachers are viewed as teachers are more important than the subject courses they may teach, but are the educational leaders that have a significant impact on the lives of their students. leading is a reflectance on pattern behavior that is learned. Students learn from the teachers and adapt themselves to their leading demeanor.Leaders within an organization, have vast types of leadership styles. Teachers, however, are viewed as individuals with more personal ethics. Transformational leaders produce students that will be effective leaders and impeccable role models for their fellow worker peers. They have the ability to empower, coach, and lead their students to success. The scheme of regenerational leaders is based on the surmisal of James Burns. The type of leadership style is moral because it increases the humanities of students and their aspirations.True leadership, specify by its ethical core, is transforming for the leader and the companion alike. Transforming leadership transcends other forms of leadership because it is committed to doing the right things as opposed to doing things right (Anderson et al, 2006). Teachers assume the ethical responsibility to transform the culture of their students and are responsibility for the in adverse effects it may have on their students. Transforming leadership also assumes that the transformation is mutual and reciprocal in which a follower can assume a leadership role and the leader a follower role.Teachers are more than classroom teachers they are role models to their students. Students often mime the behavior of their teachers because they admire their leadership style. Often times teachers that possess high integrity and ethical behavior are called mean. Teachers jab their students to work harder than anticipated so they can excel in academic achievement. When students have to work harder than normal, they respect the morals that their teachers conduct them to uphold. Culture is another factor that is full of life in transforming the culture of students.Conclusion Leadership is a reflection on modeled behavior that is learned. Students learn from the teachers and adapt themselves to their leadership demeanor. The success of students not only start with the parents, but it is the teachers that the parents have entrusted with their children to teach them the skills they will need to become successful professionals once they leave the reins of their teachers. As with many aspects of classroom management, the most important factor in creating a positive classroom environment is the teache r.Real learning cannot take place in a negative classroom climate. The classroom must be conducive and inviting for parents, staff, and most of all children. The relationship between parents and teachers, like every other relationship, depends on trust. Above all, teachers must not vie with parents what teachers have learned about their students is different from what parents know, primarily because they observe, interact with, and experience the students in group settings. While our observations and experiences are different, they are not necessarily more legitimate than hose of parents.Teachers, students, and parents are all key stakeholders within the educational organization. The ultimate goal for all stakeholders is to achieve a high school diploma and then endure to their career goals. Teaching is designed to expiration in action (Schaefer, 1990). Teachers, student, and parents will act as a unit of one to maintain the culture of the classroom environment to motivate the s tudents to excel at their highest academic level.