Anne Moody s Coming Of Age - 1189 Words

Anne Moody is the author of Coming of Age in Mississippi which was originally published in 1968. Anne Moody is a famous African American Mississippi author who was born in Wilkinson County, Mississippi on September 15, 1940. She was the eldest of nine children born to Fred and Elnire Moody. While growing up in Mississippi, Moody attended a segregated school where she was an outstanding scholar. Moody cleaned houses in order to keep food on the table and clothes on her family members’ backs. In 1961, Moody earned scholarship in basketball to Natchez Junior College where she was involved in sit-ins, the Congress of Racial Equality (CORE) and the National Association for the Advancement of Colored People (NAACP) to fight for civil rights for blacks in the south. Upon her completion at Natchez Junior College, she went to Tougaloo College where she received her Bachelor of Science degree in 1964. Moody continued her civil rights activities North at Cornell University where she ser ved as a civil rights project coordinator from 1964 to 1965. Moody joined all of these civil rights groups partially because of the lynching of Emmitt Till. Moody’s literature includes Coming of Age in Mississippi, Mr. Death: Four Stories and Famous People Stories: 4th Grade Reading Level. Moody’s books have helped people understand what life was like in the segregated South before and during the civil rights movement. Moody recently passed away on February 5, 2015 at the age of 74. Coming of Age inShow MoreRelatedAnne Moody s Coming Of Age897 Words   |  4 PagesIn the story, Anne Moody, Coming of Age in Mississippi, Anne known as Essie Mae found out the meaning of racism at a young age and also see or heard what whites do to black people if they did not like what they was doing. She did not know that whites and blacks had their own place to sit and eat or why whites went to one school and blacks went to another. She just assumes that whites went to the school that was close to their neighborhood, but Essie Mae experience her first meaning of segregationRead MoreAnne Moody s Coming Of Age Essay1826 Words   |  8 PagesHIST278 Essay One - Joseph Malthus, 42863655 Anne Moody’s Coming of Age in Mississippi is a story of a black girl growing up in the American Deep South during the development of the Civil Rights Movement. Moody notices the racism that envelops her life and attempts to understand why it exists, despite the absence of reasonable grounding. Suffocating under the restrictions and fear caused by systematic racism, she ultimately decides to become an activist, and takes an active role in demanding equalityRead MoreAnne Moody s Coming Of Age881 Words   |  4 Pagesâ€Å"Moody, Anne. Coming of Age in Mississippi. New York: Dial, 1968. Print.† Anne Moody was a determined, educated, and an inspiring civil rights activist who was born in Gloster, Mississippi. Born on September 15th, 1940-passed away February 5th, 2015 Anne Moody dedicated her life to making the United States a better place for not only African American’s, but pleaded for equality amongst all races as well. Awarded best book of the year in 1969 by the National Library Association, Anne Moody writesRead MoreAnne Moody s Coming Of Age Essay1088 Words   |  5 PagesAnne Moody, a black activist in the twentieth century, wrote an autobiography, Coming of Age in Mississippi, which illustrated how life was like growing up poor and black in the rural south. She wrote in details of her life living in the racist society and what it meant to be black in the South twentieth century. Readers were able to understand her personal thoughts as well as her memories of the fight growing up in the south and her involvement in the Civil Rights Movement. Moody grew up with aRead MoreAnne Moody s Coming Of Age During Mississippi And Non Violent Vs. Violent Protest For Civil Rights1640 Words   |  7 PagesSamuel Conner Professor M. Du Bois HIST1025-002 October 30, 2015 Dreamers Instead of Leaders: Anne Moody’s Coming of Age in Mississippi and Non-Violent vs. Violent Protest for Civil Rights The American Civil Rights Movement in the late 1950s and 1960s generated massive international following and controversy, which made the movement one of the most important in U.S. history. The movement’s legacy can still be felt today, with the positive aspects, such as voting rights to African Americans and wideRead MoreComing Of Age Throughout Mississippi By Anne Moody1362 Words   |  6 Pages Coming of Age in Mississippi Essay Fredric Stanley HIST 3881 Professor James Conway 7 November 2015 â€Æ' Though we Americans, in all of our efforts, feel as if the day of racism is coming to an end, I feel it is merely evolving into a much more subtle approach. Seeing life through the words of Anne Moody in her book entitled, Coming of Age in Mississippi, shows that racism, even back then, is treated with remedies versus a cure. After the many anti-discrimination legislations passed as well asRead More Coming of Age in Mississippi by Anne Moody Essay examples1005 Words   |  5 PagesComing of Age in Mississippi by Anne Moody   Ã‚  Ã‚  Ã‚  Ã‚  The autobiography Coming of Age in Mississippi by Anne Moody is the story of her life as a poor black girl growing into adulthood. Moody chose to start at the beginning - when she was four-years-old, the child of poor sharecroppers working for a white farmer. She overcomes obstacles such as discrimination and hunger as she struggles to survive childhood in one of the most racially discriminated states in America. In telling the story of her lifeRead MoreComing Of Age Throughout Mississippi By Anne Moody1388 Words   |  6 PagesIn the autobiography â€Å"Coming of age in Mississippi† by Anne Moody known as Essie Mae in the book she writes in great detail the struggles her and other people of her color had to go through in order to gain their rights. From such a young age she saw the differences in the way people of color were treated in comparison to whites, things that no one should go through much less a kid. From the beginning you see that Essie Mae i s such a brilliant kid and all the trials she goes through and the knowledgeRead More Coming of Age in Mississippi Essay example639 Words   |  3 Pages The first main event that I believe led to Anne Moody becoming an activist for Civil Rights was when she was younger, her cousin George Lee was babysitting and he burned down the house in a fit of rage and when Daddy gets home he blames it on Essie Mae (Anne Moody). This foreshadows all of life’s injustices that will be thrown her way. The next time was when she made friends with white neighbors and they decided to go to the movies, Anne couldn’t sit with her friends, she had to sit in the balconyRead More Anne Moodys Coming of Age in Mississippi Essay1127 Words   |  5 PagesAnne Moodys Coming of Age in Mississippi Coming of Age in Mississippi is the amazing story of Anne Moodys unbreakable spirit and character throughout the first twenty-three years of her life. Time and time again she speaks of unthinkable odds and conditions and how she manages to keep excelling in her aspirations, yet she ends the book with a tone of hesitation, fear, and skepticism. While she continually fought the tide of society and her elders, suddenly in the end she is speaking as

Fordism (Sociology) - 1782 Words

Fordism is a system that arose during the last decades of the 19th Century through to the second decade of the 20th Century. Fordism was first recognized by the Italian Communist Antonio Gramsci (1891-1937). He was the writer of Americanism and Fordism. It was about Fordism representing a new form of capitalism which created a new economic structure which affected social life of the laborer on a large scale. Ford came up with a method of manufacturing inexpensive automobiles using the assembly line which could finish a car in 98 minutes. It was the dominant method of mass production and mass consumption with the help of assembly-line technology. This process broke down complicated tasks into many smaller and simpler ones, which were†¦show more content†¦had only one task -- to put two nuts on two bolts or perhaps to attach one wheel to each car. He didnt order parts, procure his tools, repair his equipment, inspect for quality, or even understand what workers on either side of him were doing. ... Special repairmen re-paired tools. Housekeepers periodically cleaned the work area. Special inspectors checked quality, and defective work, once discovered, was rectified in a rework area after the end of the line. ... The role of the assembly worker had the lowest status in the factory. In some ... plants, management actually told assembly workers that they were needed only because automation could not replace them yet. Of course, this system required armies of middle managers and staff specialists, whose job it was to gather and process quantities of data for top management to use to coordinate activities, allocate resources, and set strategy. The disadvantages of Fordism slowly came out to creating a new method of manufacturing called post Fordism. Eventually workers got bored of doing the same things everyday. The concept of assembly line work allowed men to work rather then women so in the beginning there were no women employed to work in the manufacturing of products through this system. The workers were dissatisfied as they were being alienated from the real product. Multi skilled workersShow MoreRelatedA Study Of The Origins And Establishments Of Social Behaviours2201 Words   |  9 PagesSociology in its entirety is the study of the origins and establishments of social behaviours. Although this type of study has a far more in depth domain within its theories and methods, the crux of the concept of sociology is an imperative attribute to the main argument that this essay intends to deliberate. This essay will evaluate particular subfields of sociology and explain the essence of social construction of technology and how it intertwines with industrial sociology and sparks many theoristsRead MoreHas Pos-Fordism Replaced Fordism in Capitalist Society1947 Words   |  8 Pagescomes from Taylorism, the manufacturing area began to be dominated by Fordism. However, since the 1960s when a series of new technologies appeared, manufacturing did not have to be formed in a fixed method. A more flexible production method, which was named as Post-Fordism turned up. From t hen on a controversy appears between two groups of sociologists. This debate is about whether the post-Fordism has replaced the position of Fordism and Taylorism in the modern society. This essay is about to criticallyRead More3 Important Factors in Sociology1655 Words   |  7 PagesSociology Sociology is the study of society. It is a social science which uses various methods of empirical investigation and critical analysis to develop a body of knowledge about human social activity. For many sociologists the goal is to conduct research which may be applied directly to social policy and welfare, while others focus primarily on refining the theoretical understanding of social processes. Subject matter ranges from the micro level of individual agency and interaction to the macroRead MoreDiscuss Marxist Theory of Alienation2662 Words   |  11 PagesOUTLINE AND ASSESS MARX’S CONCEPT OF ALIENATION When considering the concept of sociology and its definition, one immediately thinks of trying to understand the world in which we live. However, for Karl Marx we should not only understand the world, but also seek to actively change it (Macintosh, 1997). 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Due date: 13th April 2007 Student Name: Ali Rankin Student ID: 1282990 Email: (ali_rankin@hotmail.com) Address: 49 Alfriston Road, ManurewaRead MoreThe Shift From Modernity And Post Modernity Essay2014 Words   |  9 Pagesto change, which was present in the Enlightenment. Postmodernism sees the world as essentially disorderly and indeterminate. Postmodernism rejects any comprehensive and universalistic theories about the world and history (Woods, E, 1997). The old Fordism was about the production of large amounts of the same thing (Clarke, S. 2006). It used the assembly line as a substitute for more expensive skilled craftsmen and to tighten the control of the labour process by capital, with the objective of obtainingRead MoreThe Inequality Within Education And Education Essay1953 Words   |  8 Pagesspending, who is likely to succeed dependent on class and family background, the divide between comprehensive and private schooling and examples of classic theories and their arguments, notably Neo- Marxism, Functionalism, Post- modernism, Post- Fordism and Post- Ind ustrialism. Firstly, an example of government spending on education is the Conservative government of 1991/92, just after the Thatcher era, with John Major, spending on education was at 948.010 billion, 5.0% of the GDP at the time,Read MorePunishment in Modern Society3079 Words   |  13 Pagesevaluate these arguments. When exploring the substantial role in which punishment plays in society, a number of differing perspectives can be identified. 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Professionalism and Role in Society †Free Samples to Students

Question: Discuss about the Professionalism and Role in Society. Answer: Introduction The IASB has developed standard accounting policies and estimates that needs to be adopted by all the business entities during preparation of their financial reports. The accounting policies are based on the IFRS standards that business entities need to follow while identifying and assessing the values of their various financial instruments. The adoption of IFRS standards during corporate reporting implies that a business entity has followed all the principles of conceptual accounting framework. The principle of conceptual accounting framework is based on various accounting theories such as normative accounting theory. In this context, the present report provides an analysis of the accounting strategies and choices of an ASX listed firm, that is, Telstra, an Australian telecommunication company involved in developing and providing telecom services. The accounting strategy of the company is examined through evaluating its flexibility, analyzing the quality of disclosure, identifying t he major issues of concern as red flags and the compliant with conceptual framework principles. In addition to this, the accounting policies of the firm are compared with its rival company that is TPG in order to identify the norms of accounting policies with industry peers (Mirza and Ankarath, 2012). The evaluation of the accounting quality of the company helps in supporting the decision-making process of the company. The company has adopted the accounting policies and principles as per the Australian Accounting Standards. The company have discloses the compliance of its financial reports as per the Australian generally accepted accounting principles. The financial report has been prepared in accordance with the principle of consolidation by integrating the financial statements of Telstra and all its controlled entities (Langendijk, Swagerman and Verhoog, 2003). The historical cost accounting approach is used for valuation of its financial instruments except for some of the equity accounted investments. The financial reports are presented in Australian dollar and for the end-users outside the Australia, the financial reports are presented in US$M. The company has adopted the accounting policies that help it to meet the accounting requirements under AGAAP and USGAAP. The company has also adopted the Emerging Issues Task Force (ETIF00-21) in relation to the recognition of revenue arising from multip le deliverable as per the USGAAP. The policy is adopted at the time of selling tow or more revenue generating units under a single arrangement. Also, each deliverable is regarded as a distinct unit of accounting as per the ETIF00-21. However, if the deliverable is not regarded to be distinct unit of accounting the arrangement is accounted for a single unit. The revenue realized from the revenue arrangements is allocated to the separate units on the basis of relative fair value of each unit (Telstra Annual Report, 2017). However, if the fair value of each unit cannot be recognized, then the revenue should be allocated on the basis of difference between the total amount considered for the arrangement and the fair value of the undelivered item` (Jensen, 2001). The Australian entities that are reported under the Corporations Act 2001 are also required to prepare their financial reports as per the Australian equivalents of IFRS. The Telstra complies effectively with the Corporations Act 2001 and as such need to prepare its financial reports as per the IFRS accounting standards and policies. The accounting rules and policies of IFRS have been adopted in reporting the comparative financial information of two years in the current reporting period (Higson, 2003). This is done in accordance with the US Securities and Exchange Commission (SEC) that requires the foreign registered companies operating under the home country to prepare their financial statements as per the IFRS. The company is a recognized multinational company and provides its telecom services to various parts of the world and therefore is emphasizing on converging its accounting standards with IFRS for improving its competitive position in the international market (Hussey, and Ong, 2005). The company ahs also adopted accounting policies for effective management of risk through implementing a proper governance framework that helps in monitoring the operational risks faced by the company. The company hedges its exposure to foreign currency risk that is developed by the transformation of its assets and liabilities from the functional currency to the Australian dollars. The Board of directors of the company provides the standard guidelines to the management for the use of hedging instruments in order to mitigate the operational risks arising from the foreign currency exposure (Mumba, 2013). Assess Accounting Flexibility The accounting managers need to implement some changes in the standard accounting policies developed by the accounting stetting standard board. The flexibility is required so that managers can select the best accounting choices as per the nature of their business operations. The managers sometimes implement changes in the standard accounting framework to meet the needs and expectations of its stakeholders. The fact can be supported from the view and findings proposed by the positive theory of accounting (PAT ). The theory is based on the fundamental assumption that the action of an individual relies on the desire for maximizing wealth. Thus, the mangers tend to adopt the particular accounting methods that they believe will enhance the operational productivity of their company. The accounting methods selected have a major impact on the cash flows realized by the company and also on its debt and compensation structure (Alexander, Britton and Jorissen, 2007). Therefore, the board provid es some discretion power to the management so that they can select the best accounting method that results in maximizing the value of the firm. As such, it has been analyzed from the financial report of Telstra that it has implemented some changes its accounting framework for improving its financial condition in the international market (Kenny, 2009). The company operates globally and therefore need to comply with the accounting policies of different countries and therefore mangers adopt some changes in the accounting framework to impact the needs and expectations of stakeholders of different countries (Telstra Annual Report, 2017). The Australian corporations need to adopt AGAAP for developing the financial reports. However, the company has also adapted to the USGAAP in order to improve its competitive position in the US financial market. For example, it has provided comparative information of two years under a single reporting period as per the USGAAP. In addition to this, the company has also complies with the accounting principles of security commission of the US. The complete information regarding the changes adopted in the accounting policies is provided in the notes to financial statements section of the financial report of the company. The company has adopted the changed accounting policies for satisfying the requirements of USGAAP in regards to recognizing the revenue by adopting the ETIF 00-21 accounting policies. However, the company has maintained in its annual report that there is no materialistic impact of adopted the changes in its accounting framework on its financial statements. The managers are also emphasizing on adopting the Australian equivalent of IFRS (A-IFRS) for restating its comparative financial reports. The changes are however not expected to be implemented on the disclosure of financial instruments that does not require publishing the comparative information. The restatement of the financial information as per the A-IFRS will require changes in the opening retained profits recorded at the beginning of the comparative period. The company has also developed a project teams forecasting a convergence between its AASB standards and A-IFRS standards. The team holds the responsibility of monitoring and evaluating the progress made by the company in complying with the A-IFRS standards (Mintz, 2013). Evaluate Accounting Strategy The accounting strategies are developed for communicating the economic performance of an entity to its stakeholders. The accounting strategy is developed by the selected accounting policies and choices that an entity adopts for maintaining its competitiveness and achieving long-term growth. The company operates in a highly competitive telecom market and therefore need to implement the accounting strategies that help it to compete effectively with its competitors. The major rival company of the Telstra in Australian telecom market is TPG that is also involved in providing specialist telecom services to the countrys population group (Marley and Pedersen, 2015). TPG mainly provides its services in the domestic market and therefore complies largely with the AASB and Corporations Act 2001. The company has adopted the principle of consolidation and all the other significant accounting policies to develop its financial reports as per the AASB standards. On the other hand, Telstra provide it s telecom services in the international market and therefore develops its financial reports in accordance with the IFRS accounting policies. However, the company have also adopted significant accounting norms for competing with its rival companies in the domestic market such as TPG. The company prepares its accounting statements on a going concern basis as per its rival company of TPG (TPG Annual Report, 2017). The TPG has adopted the use of AASB standard 134 for interim financial reporting. The Telstra also has adopted AASB 134 standard to maintain its competitiveness in the domestic market also (Telstra Annual Report, 2017). The Telstra has also placed large focus on implementing and adopting incentive plan for its key management personnel (KMP) as per the Australian standards. The remuneration committee is established by the company for determining the incentives provides to its key executive and non-executive managers. The board have adopted accrual accounting method in determining the incentives provided to the managers. The remuneration committee have aligned the shareholders value with the managerial compensation plan. The incentives are provided to the managers on the basis of achieving the certain defined performance targets. The remuneration committee determine the performance targets to be achieved by the senior executives of the company (Ordelheide, 2016). Thus, on achieving the performance target, the managers receive 50% of the incentives and the rest is realised by them only if their performance is beyond the set targets. Thus, the board have ensured that mangers does not receive any incent ive still the achievement of a threshold level of performance. The board possess discretion power in determining the incentive basis for managers on the basis of their performance compared against the determined short and long-term incentive plans. The board applies the discretion power when there are any materialistic changes in regard to any change in the strategic business plan, legislative changes or the significant impact of the acquisitions and divestments. The discretion is used by the board in certain circumstance sonly in order to avoid the realisation of undue gains by the managers. The company has provided adequate disclosure regarding the discretion provided to the board in determining the incentive pans for ensuring that that the discretion power does not distort the financial performances in nay way (Bamberg and Spremann, 2012). Detailed analysis of the quality of disclosures under financial reporting As per IAS 1: Presentation of financial statements every company has to prepare the financial statements. These financial statements include income statements, statement of financial position, statement of change in equity and statement of cash flow. In addition in to making the financial statements there is requirement to submit the disclosures of accounting policies, calculation of various items under the financial statements and other important information. As per the accounting standards defined under the IFRS, every listed company is obliged to produce the financial statements and provide the proper disclosures to it in the form of notes to accounts. Disclosures requirements that have to be included in the notes to accounts are given in accounting standards that company follows to prepare the financial statements. In this section of section of report analysis of the disclosures made by the Telstra in their annual report of year 2017 has been analyzed in detail (Telstra Annual Re port, 2017). Analysis of the disclosures made by the Telstra in their annual report seems to be proper while comparing them with the requirement of each of the accounting standards. Telstra produces their group financial statements that are in compliance with the US GAAP and Australian GAAP because company is listed on both the stock exchange. Looking at the annual report it has been found that complete information regarding the changes made in the accounting has been included in the disclosures requirement (Telstra Annual Report, 2017). Footnotes refers to information given under each of the financial statements that provided information of what accounting standards have been used to prepare that particular financial statements. For example, in preparing the financial statement of balance sheet, there is requirement to include the footnotes regarding any contingent liabilities and other related matter. So it can be said that company complies with the adequacy of the disclosures of the footnotes to the financial statements (Telstra Annual Report, 2017). On evaluating the notes to accounts of the Telstra in annual report of year 2017, it has been found that there has been disclosure of each note that are required to be included as per defined accounting standards. Disclosures made by the Telstra needs to be in compliance with the performance of the company. It means notes to financial statements should reflect the current performance of the company effectively and efficiently. It has been seen from the financial statements that current financial position of the company was good and same can be reflected under the notes to accounts also. For example, notes to accounts related to the segment disclosures provide the profit position of each of segment that company have. This information explains how company has performance during the year in each of its segment (Telstra Annual Report, 2017). Telstra Company has to comply with the US GAAP and Australian GAAP to produce their financial statements. In the annual report it is clearly mentioned that company has used the proper accounting guidelines to produce the financial reports that complies with requirement of both US GAAP and Australian GAAP (Horngren, et al., 2012). Both US GAAP and Australian GAAP are taken from the international accounting standards. Both these GAAPs aim to provide the qualitative information to the people at large that use the annual report to make the various decisions. So it can be said that GAAPs represents the financial performance of the company and also tries make the financial information easy to understand. In this regards it can be said that GAAPs helps to reflect the appropriate measurement of key measures of success and also assures proper disclosures (Telstra Annual Report, 2017). Segment disclosures means information provided for the various segments under the notes to accounts. The business segment refers to part of the company which can be identified by its products and produces separate books of account. Segments are dividend on the basis of the business location, products and services they deliver and profit deliver by them. Segment disclosure has been included on page 77 of the annual report of year 2017. The various operating segments of the Telstra are as under: Telstra Retail: This segment provides telecommunication products and services and other solutions of mobiles. Global Enterprises and Services (GES): This business segment in made for managing the sales and contract management for large business and government customers in Australia and in other nations. Telstra Operations (TOps): This business segment is designed for overall planning, design, engineering architecture and construction of Telstra telephone networks, technology, and similar work. Telstra Wholesale: This unit delivers the telecommunication products and other services over thousands of Telstra Network and other telecommunication network carrier companies (Telstra Annual Report, 2017). Potential Flags in the Annual Report It has been seen that there has been no major change in the accounting policies of the company in order to make the big change in the financial statements. Basically the company is generating good income during last five years and there is no future expectation of decline in company performance. So it can be said that there was no major change in accounting policies that can impact the firms financial statements (Telstra Annual Report, 2017). As analyzed from the annual report there are usual transactions that has provided increase in profit in normal course of business but no such transactions have been noticed that can make clarity regarding the unusual change or boost of the profits (Hussey and Ong, 2017).. Yes there is increase in inventory to 893 million dollar as comparison to 557 in year 2016. It is regarded as unusual because there is no such increase sales amount as the inventory has increased (Telstra Annual Report, 2017). When evaluating the net income from the continuing operations there has been no much gap of income as sales revenue in year 2017 is almost close to the revenue in year 2016. The cash from the operating activity declines in year 2017 due to low increase in sales revenue and expenses are paid much in cash. Telstra is one of the most renowned companies of telecommunication industry (Pietra, McLeay and Ronen, 2013). Company has its known research and development segment that provides latest technologies required by the company but in order to have other technologies that are important for development purpose have to incorporated in the business and for this purpose management has made mutual agreements to share the research and development work between other companies in similar business. In year 2017 company has not sold any plant, equipment and receivables to finance the business operations (Telstra Annual Report, 2017). About 679 million dollars of plants and equipments have been sold in year 2017. There are adjustments of tax deferments in the last quarter of year. Annual report is qualified by the auditor with making no changes in the financial report. There are no related party transactions in the annual report (Telstra Annual Report, 2017). Compliant With Conceptual Framework The company have complied effectively with all the conceptual accounting framework principles by providing relevant, comparable and reliable information in its financial reports. The impact of political factors that influences the financial reporting of the company in various countries has also been outlined in the report. Telstra is a multinational company and therefore is emphasising on attaining congruence with the IFRS in order to comply with the accounting policies of different countries where it conducts its business operations. The company as such is complying with USGAAP and is planning to implement A-IFRS standards in the coming period of time (Wolk., Dodd and Rozycki, 2012). It has made many voluntary disclosures in its annual report that is not required under the legislations of AASB but as per the USGAAP principles. For example, it has provided the information about its revenue arrangement from multiple units (Telstra Annual Report, 2017). The selection of these particula r accounting choices and estimates by the company will help it to strengthen its global image and thus improve its financial profitability from the international market (Bamberg and Spremann, 2012). Conclusion It can be inferred from the overall discussion held in the report that accounting policies and strategies selected by a business entity have a large impact on its financial performance. The Telstra is a multinational company and thus it is complying with the global accounting standards for improving its competitiveness in the global market. As such, it has adopted some flexibility in its accounting framework to comply with the USGAAP principles in addition to complying with AGAAP. Also, there are some red flags identified in the annual disclosure of the company that needs more disclosure in its future financial reports. References Alexander,D., Britton, A and Jorissen, A. 2007. International Financial Reporting and Analysis. Cengage Learning EMEA. Bamberg, G. and Spremann, K. 2012. Agency Theory, Information, and Incentives. Springer Science Business Media. Gray, I. and Manson, S. 2007. The Audit Process: Principles, Practice and Cases. Cengage Learning EMEA. Higson, A. 2003. Corporate Financial Reporting: Theory and Practice. SAGE. Horngren, C. et al. 2012. Financial Accounting. Pearson Higher Education AU. Hussey, R. and Ong, A. 2005. International Financial Reporting Standards Desk Reference: Overview, Guide, and Dictionary. John Wiley Sons. Hussey, R. and Ong, A. 2017. Corporate Financial Reporting. Springer. Jensen, M.C. 2001. Foundations of Organizational Strategy. Harvard University Press. Kenny, G. 2009. Diversification Strategy: How to Grow a Business by Diversifying Successfully. Kogan Page Publishers. Langendijk, H., Swagerman, D. and Verhoog, W. 2003. Is Fair Value Fair?: Financial Reporting from an International Perspective. John Wiley Sons. Marley, S. and Pedersen, J. 2015. Accounting for Business: An Introduction. ed, 2. Pearson Higher Education AU. Mintz, S. 2013. Accounting for the Public Interest: Perspectives on Accountability, Professionalism and Role in Society. Springer Science Business Media. Mirza, A. and Ankarath, N. 2012. Wiley International Trends in Financial Reporting under IFRS: Including Comparisons with US GAAP, China GAAP, and India Accounting Standards. John Wiley Sons. Mumba, C. 2013. Understanding Accounting and Finance: Theory and Practice. USA: Trafford Publishing. Ordelheide, D. 2016. Transnational Accounting. Springer. Pietra, R., McLeay, S and Ronen, J. 2013. Accounting and Regulation: New Insights on Governance, Markets and Institutions. Springer Science Business Media. Telstra Annual Report 2017. [Online]. Available at: https://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf-e/Annual-Report-2017.PDF [Accessed on: 25 September 2017]. TPG Annual Report 2017. [Online]. Available at: https://www.tpg.com.au/about/pdfs/TPMHY17PresentationFINALASX.pdf [Accessed on: 25 September 2017]. Wolk, H.I., Dodd, J.L. and Rozycki, J.J. 2012. Accounting Theory: Conceptual Issues in a Political and Economic Environment. SAGE.

Social Control Essays - Political Philosophy, Michel Foucault

Social Control Both Michel Foucault and Truffaut's depiction of a disciplinary society are nearly identical. But Truffaut's interpretation sees more room for freedom within the disciplinary society. The difference stems from Foucault's belief that the social control in disciplinary pervades all elements of life and there is no escape from this type of control. Foucault's work deals mostly with "power" and his conception of it. Like Nietzsche, Foucault sees power not as a fixed quantity of physical force, but instead as a stream of energy flowing through all aspects of society, its power harnesses itself in regulating the behavior of individuals, the systems of knowledge, a societies institutions, and every interaction between people. Foucault in "Discipline and Punish", applies this notion of power in tracing the rise of the prison system in France and the rise of other coercive institutions such as monasteries, the army, mental asylums, and other technologies. In his work Foucault exposes how seemingly benign or even reformist institutions such as the modern prison system (versus the stocks, and scaffolds) are technologies that are typical of the modern, painless, friendly, and impersonal coercive tools of the modern world. In fact the success of these technologies stems from their ability to appear unobtrusive and humane. These prisons Foucault goes on to explain like many institutions in post 1700th century society isolate those that society deems abnormal. This isolation seeks to attack the souls of people in order to dominate them similar to how the torture and brutality of pre-1700th century society sought to dominate the physical bodies of prisoners. In Foucault's interpretation freedom from the pervasive influence of "power" is impossible. Because his conception of "power" exists not just in individual institutions of society like prisons but instead exists in the structure of society and more importantly in peoples thought systems, escape from social control is impossible. Foucault in the last chapter talks about how even the reforms in the system have been co-opted to further the goals of the state. Instead of a lessening of social control Foucault sees that the technologies change from the wheels and gallows of the 17th century to the disciplinary society of the 19th century to the emerging carceral city of the future. In this carceral city the dispersion of power will be complete. The technologies of control will emanate from all parts of society, "walls, space, institution, rules, and discourse." Truffaut's interpretation of society and its future is much more upbeat. Although like Foucault he sees the technologies of the disciplinary society as insidious social control mechanisms. Truffault depicts the schooling, prison, and family systems as technologies that seeks to inculcate children, criminals, and subversives in the proper behavior of society. Trauffaut's film exposes how these mechanisms work. The school seeks to isolate punish and ostracize children into forming a pliant populace. The family seeks to enforce the discipline of societies larger moral codes on children. Notice how in the movie the mother in a seemingly kindly attempt to bond with her child is in fact teaching him the moral codes of society: running away from home is wrong, school is good, respect your elders, follow rules, and don't lie. The prison system in the movie seeks to isolate the deviant members of society classifying them as perverts, neurotic, madmen and in need of reprogramming and evaluation. These technologies in Truffaut's film are the seat of power in a society. Unlike Foucault Truffaut sees power as emanating from these fixed points; Foucault sees "power" and "control" and flowing through all the vessels of the body of society. In Truffaut's disciplinary society their is escape from such a world on the streets of Paris, in interacts with friends, and by running away to the sea or the movie theater. Truffaut sees escape from power as possible in anarchist like state free of adults and laws. Truffaut's ideas are similar in this aspect to Sartre who sees the society can be freed from the grip of cruel power in a socialist utopia. This is in stark contrast to Foucault who sees escape as impossible. And more importantly Foucault sees escape as growing more and more difficult as society moves from a disciplinary society to a society of control.

Free Essays on Evolution Of Cars

Throughout the early 1900’s and as early as 1900 it was very common to here about men such as Henry Ford. Men such as Henry Ford were on their way to developing a motorized vehicle (Justin 1). Many early inventors had good ideas but not good products. Inventors were also trying to keep the prices low so the public would be able to afford them. Many such as Gottileb Daimler and Karl Benz struck it big when they produced there first production vehicle (Daimler 1). Little did these men know that they would have multi million dollar automotive and industrial companies named after them making everything from automobiles to air craft engines. Ford motor company has been making cars for the public since 1903. During the early to mid 1900’s Henry Ford was trying to build a vehicle that could be bought by an everyday worker. An average worker for this time only made $500 a year. In 1906 Ford introduced the Model N which sold for $600. With the price being so high not many people could afford them (Justin 2). Trying to improve the price he introduced the Model T. The model t sold for $500. Ford was able to keep the price down because every car used the same parts and they were put together by many people on an assembly line. The Model T was one of the first cars to be built in mass production (Justin 3). The Model T became one of the most popular cars of its time. It was not the cheapest but it was one of the most reliable. But suddenly, in 1925, sales of the Model T began to decline. Despite the added improvements over the years, the Model T was not keeping up with the competition. Much more expensive ca rs were doing better in sales then it. These cars had new features like a self-starter that started with a turn of a key and removable tires. The model T had none of this (Justin 3). Finally, on may 25, 1927, the Ford Motor Company made a formal announcement that it would build a new car and drop the Model T from produc... Free Essays on Evolution Of Cars Free Essays on Evolution Of Cars Throughout the early 1900’s and as early as 1900 it was very common to here about men such as Henry Ford. Men such as Henry Ford were on their way to developing a motorized vehicle (Justin 1). Many early inventors had good ideas but not good products. Inventors were also trying to keep the prices low so the public would be able to afford them. Many such as Gottileb Daimler and Karl Benz struck it big when they produced there first production vehicle (Daimler 1). Little did these men know that they would have multi million dollar automotive and industrial companies named after them making everything from automobiles to air craft engines. Ford motor company has been making cars for the public since 1903. During the early to mid 1900’s Henry Ford was trying to build a vehicle that could be bought by an everyday worker. An average worker for this time only made $500 a year. In 1906 Ford introduced the Model N which sold for $600. With the price being so high not many people could afford them (Justin 2). Trying to improve the price he introduced the Model T. The model t sold for $500. Ford was able to keep the price down because every car used the same parts and they were put together by many people on an assembly line. The Model T was one of the first cars to be built in mass production (Justin 3). The Model T became one of the most popular cars of its time. It was not the cheapest but it was one of the most reliable. But suddenly, in 1925, sales of the Model T began to decline. Despite the added improvements over the years, the Model T was not keeping up with the competition. Much more expensive ca rs were doing better in sales then it. These cars had new features like a self-starter that started with a turn of a key and removable tires. The model T had none of this (Justin 3). Finally, on may 25, 1927, the Ford Motor Company made a formal announcement that it would build a new car and drop the Model T from produc...

Land Of Desire essays

Land Of Desire essays The transformations that America went through in order to become a capitalist country were very significant and are sometimes looked past. However, in the book Land of Desire, the author, William Leach extensively goes into many of those things. There were many things that went into this ranging from specific poeple and incidents to outside places and things. Leach shows each individual ordeal and explains the personal effect that it had on the industry, as well as how society accepted, or in some cases condemned such things. All of this comes from his own education and understanding of the situation. He shows the drift into a capitalistic country as being a gradual change in one thing that then led to another, and to another, and so on. Not to mention that many, many things took part in it. And that if such things had not occurred, we would not be the country that we are today. There isn't a whole lot of information on William Leach, but he does appear to be a very well-thought out man. This is not his only historical book and he's also done other things, including the book True Love and Perfect Union: The Feminist Reform of Sex and Society, and editing The Wonderful Wizard of Oz. That specifically shows up a number of times in Land of Desire. He refers to L. Frank Baum (the author of The Wonderful Wizard of Oz) throughout the book, as well as to the book itself. Other than that, though, there's not much else I know about him, too bad it's not exactly the most helpful information as far as why he thinks the way he does. Leach broke the book up into 5 major parts. The first being the preface and the introduction. These two parts laid out the main ideas of the book. After that, Leach went into the three main sections of the book, which end up being the three main steps in the transformation into capitalism. The first entitled Strategies of Enticement, went into a litt...

Environmental Scan Paper Research Example | Topics and Well Written Essays - 1000 words - 2

Environmental Scan - Research Paper Example It is headquartered in US and it has various subsidiaries across the world. On the other hand, Safaricom is a telecommunication service company that is headquartered in Kenya. It offers its services in mobile service, data and internet to its mobile subscribers. The company has the highest number of subscribers in the area. It is not a multinational company. Both companies have a competitive edge over their rival companies. According to Singh (2012), competitive edge refers to an advantage that a company has over its rival company (p. 19). This advantage arises through various ways including, offering services of high value by either providing services that are of higher benefits or by means or lowering the price of the products, using marketing strategies and many other ways that justifies higher prices (Wheelen & Hunger, 2010, p. 28). Competitive advantage allows a company to earn high returns on its investments above the cost of investment (Wheelen & Hunger, 2010, p. 28). Therefore, a competitive edge should not only project better performance when compared to competitors but should endeavor to provide genuine value to the customers to ensure that they remain dominant in the market. Dell’s competitive advantage is in its range of products that it offers. It offers wide range of products that are highly needed by the customers. Its products are of high quality. Furthermore, it has already established a brand in the market and this makes it have a competitive advantage. Furthermore, it engages in wide range of advertising and marketing strategies that have enabled it to reach out to many potential customers across the world. Its strategies include, ensuring that, they produce goods that match the needs of the clients. They also ensure that their products are distributed to the clients the moment they are ordered. This has made the company to remain competitive. On the other hand,