Thursday, May 21, 2020

Personal Statement Of The Organization - 1725 Words

Description of the Organization I studied a traditional, conservative Seventh-day Adventist church that has approximately 200 members. It is a Filipino-American church that’s mission and vision is â€Å"to emphasize that every member develop a daily personal devotional live†¦to provide, through corporate worship, an uplifting, inspiring experience†¦to mentor and provide training for leadership†¦to enable all members to engage in active involvement†¦to establish a communication network which will recruit students with a Filipino heritage†¦and to reach out with the love of Jesus Christ to meet the needs of Filipinos and other people in the community.† This church grew from a desire by members to form a Filipino fellowship that provided a dynamic†¦show more content†¦He has an incredibly close, personal touch, yet, at the same time is naturally more quiet and withdrawing. Analysis of Leadership Dynamics Pastor X’s leadership theory is clearly a bottom-up approach; he avoids wrangling the conversation unfairly to his perspective, instead, he identifies himself as a component of the process, not the process itself. This instills in the members a trust in him that is remarkably deep. He also tends to seek out members for services that they provide (i.e. medical) in order that he can relate to them on a personal while simultaneously on a spiritual level. As I pointed out above, he empowers his members by giving them opportunities and allowing them to experiment, with the promise that he will be there to provide support if problems explode. However, this model allows problems to be resolved quickly and quietly and not spiral rapidly out of control. He averts empowering the members in the way of resources—what I am alluding to is that he is willing to acquire resources when needed, yet avoids seeking them out himself. He feels that it is best for individual leaders of departments to determine these decisions. His relationship with the church is uncommonly positive, in spite of a few differences. For example, during one nominating committee it was determined by the Filipino delegation, which is the vast majority of the church, that the number Caucasians and African-Americans who held leadership positions was rife and

Wednesday, May 6, 2020

Fair Value Accounting Within Financial Crisis Essay

Abstract Historically ,it is seen that there are numerous number of disputes in the field of financial reporting among different professionals, regulators and theoretitions .most of these disputes are related to the valuation of financial reporting components.the current curve in the progress of valuation is the push for and against the fair value approach.the purpose of this research is to examine the arguments on the use of fair value accounting and to identify the issues related to implementation of fair value accounting standards. Further, the results of literature related to role of fair value accounting within financial crisis are also investigated. Part –a Financial world is at the pace when the accountants are moving their steps towards fair value accounting, moreover FASB and IASB is motivating accountants to increase the use of fair value accounting by establishing new rules. Most of the people concur that fair values are the most reliable measure for financial assets and liabilities that an entity strongly trades, on the other hand some believes if management wants to hold an asset or liability till their maturity then historical method is best for measuring financial assets. Arguments supporting fair value accounting According to the analysts fair value accounting of assets and liabilities is more relevant as the basic economic value of instrument is clearly reflected with the use of FVA and they strongly believe that fair value and relevant volatility reflectsShow MoreRelatedIs Fair Value Accounting Really Fair?1021 Words   |  5 Pages For our project, we wanted to pick the topic, â€Å"Is fair value accounting really fair?† The first part of our presentation was simply explaining what fair value accounting is. This is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transactions. According to the Financial Accounting Standards Board, the price that would be received to sell an asset or price to transfer a liability in an orderly transaction betweenRead MoreGlobal Financial Crisis : Its Causes And The Global Responses Essay1592 Words   |  7 PagesAssignment topic: Global financial crisis: its cause and the global responses Introduction The global financial crisis or economy crisis is commonly believed to have begun in July 2007 with credit crunch, when a loss of confidence by the US investors in the value of sub-prime mortgages caused a liquidity crisis. On the other hand, due to the big changes that took place over the last 20 to 30 years in the worldwide economy and the influence of 2007 financial crisis, it has re-emerged as one of theRead MoreFinancial Analysis1614 Words   |  7 PagesConsequences of Accounting During the 2008 Financial Crisis Group 3 October 4th, 2011 Actors in the 2008 Financial Crisis ï‚ §Ã¢â‚¬Ë† U.S. Government ï‚ §Ã¢â‚¬Ë† European Union o  Commission o  Political figureheads ï‚ §Ã¢â‚¬Ë† Banks o  U.S. o  E.U. ï‚ §Ã¢â‚¬Ë† International Accounting Standards Board (IASB) ï‚ §Ã¢â‚¬Ë† Investors and External Regulators 10/3/11 2 Actors in the 2008 Financial Crisis (US Government) o  Generally mentioned indirectly in the news articles o  Not in the forefront of the case, as banks were drivingRead MoreIas 39 Regulate About The Recognition And Measurement Financial Asset And Liabilities1356 Words   |  6 PagesIAS 39 regulate about the recognition and measurement financial asset and liabilities. Under this standard, financial asset classified under four types which are: financial asset valued under fair value, Loan and Receivable (LR), Available for Sale (AFS), and Hold to Maturity (HTM). Each classification has different treatment of measurement which are under FVA and amortisation. Amortisation of financial asset should applied Effective Interest Method (EIM) which followed the application of discountedRead MoreThe Standards Of Accounting Standards830 Words   |  4 PagesAccounting standard set has become debatable topics in regards its function in real business. The standards of accounting have been developed throughout years and many countries has applied different accounting standard. However, as business world has become interconnected, there is an urged in need to have one stand-alone of accounting standards that could use worldwide. Therefore, many countries developed convergence of their accounting standard into International Financial reporting standard (IFRS)Read MoreThe Subprime Loan Crisis : An Analysis Of The Ethical Shortcomings1495 Words   |  6 PagesThe Subprime Loan Crisis An Analysis of the Ethical Shortcomings Ten years ago the US housing market was booming and with a constant rise in prices there didn’t seem to be an end in sight. It is, however, difficult to know when a peak is reached and for participants to take the appropriate actions in time. Nevertheless, as several studies have shown, measurements which were or were not taken made the bubble worse. Despite warnings from experts, investors and senators, the participants actions onRead MoreHistorical Development Of Fair Value Measurement1400 Words   |  6 PagesFair value measurement is one of the models which provide guidance on how entities should determine the fair value of financial instruments for reporting purposes. This paper discusses the Financial Accounting Standards Board (FASB) Exposure Draft issued on December 3, 2015 which proposed amendments to Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements. The paper analyzes some of the key points of the exposure draf t, among other things, the history andRead MoreHistorical Development of Gaap1322 Words   |  6 PagesA Historical Look at U.S. GAAP Lauren Hollis Accounting Theory Texas Woman’s University School of Management Dr. Pamela Baker January 26, 2013 ABSTRACT This paper discusses the historical development of generally accepted accounting principles through its contributing sources from 1930 to the present. U.S. Businesses had been using double entry accounting since the 1800s yet no uniform accounting practices had been introduced until the American Institute of Accountants (AIA) recommendedRead MoreHistorical Development Of Financial Accounting Theory1526 Words   |  7 Pagesthe fair value accounting concept, an understanding of the foundation of accounting is where it is today is needed. This information provides a guideline of how the first conceptual ideas of accounting first began and changed overtime to accommodate the ever increasing changes with investment options along with lobbying efforts of individuals. The FASB’s Statement of Financial Accounting Concepts (SFAC) No. 8 indicates that the primary purpose of financial reporting is to provide financial informationRead MoreThe Accounting Principles Of Accounting1754 Words   |  8 PagesMeasurement of accounting elements is the most significant factors that entail the process of preparing financial statements. Accounting measurements presents the vital economic objectives for various accounting entities (Horngren, 2009). Fair value refers to a financial reporting approach operating under the accepted accounting principles (GAAP). This accounting method is also referred to as Mark-market accounting practice. In united Sates majority of the public and private companies uses fair value accounting

Jasmine by Bharati Mukherjee Free Essays

Kelsey Johnson Dr. Michele levy ENGL 336 April 14, 2013 Weekly Informal Response 1a. â€Å"Kureishi’s articulation of his identity crisis is both an index of the pain of feeling devoid of secure roots, and also something we might use as a pivotal moment when thinking about the creative necessities of migrancy and diaspora†¦living ‘in-between’ different nations, ‘of, and not of’ each place, feeling neither here nor there, unable to indulge in sentiments of belonging to either location, defined by others in often unflattering ways. We will write a custom essay sample on Jasmine by Bharati Mukherjee or any similar topic only for you Order Now † (Beginning Postcolinalism, p. 47) 1b. The above quote from our theory text describes the feeling of not belonging somewhere due to an identity crisis. This crisis was described as coming from the fact that one was not from a certain region, or may not â€Å"belong† to the group of that particular region. For example, I may be seen as odd or not belonging in a region full of white Irishmen and they would make it known I don’t belong in these said â€Å"unflattering† ways. 1c. In the novel Jasmine, she is continuously moving and suffering because of this identity crisis tied to her constant migration. For example, when Jyoti’s first husband is killed she does not do the traditional burning of her own body with her husband; but she moves to Florida. During her travels and attempts to obtain citizenship in America, Jyoti endures the horrible conditions that come with illegal immigration; For example, secrecy, hunger, rape, and even murder. All of this because she ‘isn’t’ of’ this nation†¦? The text says, â€Å"I wanted to become the person they thought they saw: humorous, intelligent, refined, affectionate. Not illegal, not murderer, not widowed, raped, destitute, fearful. In Flushing, I had lived defensively in the midst of documented rectitude. I did not want to live legally if it also meant living like a refugee. † (Jasmine, p. 171) 2a. â€Å"In this section, we shall consider the extent to which Western feminist discourses are able to address the double colonization of women living in once-colonised societies and in Western locations†¦John Thieme has explained that ‘Western feminist writers and theorists have frequently seen parallels between their struggles and those of post-colonial women and have particularly identified with women who suffer â€Å"double colonization† (BP, p. 06) 2b. The above quote describes the relationship between â€Å"first world† and â€Å"third world† women. Of course, third world countries are those that exist below the poverty line and struggle to survive. Theime says that feminist writers often see similarities between the lives of their subjects as well as their own. 2c. I believ e the entire novel â€Å"Jasmine† is a prime example of the relationship described above; how feminist writers connect with their subjects and audiences due to â€Å"double colonization†. In our novel, Mukherjee writes about the life story of Jyoti and notices similarities in their lives, not because they have the same exact life story, but because of their struggles as women in society. For instance, Jyoti took control of her own life and created her own destiny (despite starting over several times); also because she is a woman and isn’t expected to have much control over her own life. This is also shown in other novels we’ve read. 3a. These â€Å"in-between† spaces provide the terrain of elaborating strategies of selfhood – singular or communal – that initiate new signs of ‘identity’†¦ Bhabha also opposes the idea of a sovereign or essentialised subject. For Bhabha and Spivak identity is a discursive product. Second, because subjectivity is discursively produced, it is possible for it to be remade and remodeled in new and innovative ways – hence his attention to the processes of ‘articulation’ and ‘elaboration’ in the quotation. The border is a place of possibility and agency for new concepts, new narratives, new ideas. Third, the new ‘signs’ of identity which are possible impact upon both individuals and groups. † (BP, p. 252) 3bc. The above quote speaks about the crossing of physical borders and how they coincide with the crossing of imaginary borders within oneself. For instance, when a person moves from one geographical location to another, they seem to move from one persona to another. This was DEFINITELY seen throughout the novel Jasmine. As the narrator moved, she changed identities and personalities. How to cite Jasmine by Bharati Mukherjee, Papers