Shakespeare's play-King Lear Research Paper Example | Topics and Well Written Essays - 1250 words

Shakespeare's play-King Lear - Research Paper Example In the expressions of a promoter, publicizing an exhibition of the play: â€Å"He accomplishes an existence without ‘lendings’ †the amassed material belongings we stick to for importance †or the need of them† (Bardeweb.net, Date Unknown). All through the play, the reversal of good and underhandedness so clear in Lear’s mind comes to saturate the characters and the activity of the play. Just in the exceptionally last scenes is structure reestablished, the wrongdoers rebuffed, and in any event until further notice, would good be able to triumph. Be that as it may, great and the rebuilding of request have come past the point of no return for Lear and Cordelia (from: Theatrehistory.com, Date obscure). As a remark on the social setting wherein Shakespeare composed the play, this reclamation of request was compromising not to show up, until the climb of James I to the seat of England, and introducing the expectation that England and Scotland would be bound together (Jones, 1977: 212-215). Prior to the climb of James I, the danger of common war was boundless. Shakespeare suggests this multiple times in â€Å"King Lear†. Muir (1947:64-66) remarks that Shakespeare accepted that individual corruption in the decision class is a sickness that spreads underhanded all through society, in extraordinary cases making it self-destruct. By the end of the play, Britain is saved from the abhorrence in its authority, spoke to by the two sisters, common war in Britain is dodged, and the French intrusion brought about by Lears absence of judgment is vanquished by Albany. While Shakespeare doesn't distort the condition of society, it might just have been that an Elizabethan crowd would have comprehended the positive finish of the play to mirror the future under James I. The unfurling of Lear’s story, notwithstanding, serves to accentuate Shakespeare’s comprehension of human mental, social and political occasions. Lear’s botch is to separate his riches, land and influence between his

The components of HRM's success Essay Example | Topics and Well Written Essays - 2500 words

The segments of HRM's prosperity - Essay Example Notwithstanding Guest’s reluctance in inferring that HRM adds to hierarchical execution, different researchers gave an experimental connection between HRM techniques, arrangements and rehearses and certain parts of individual and authoritative execution (Liu et al., 2007; Nohria, Groysberg and Lee, 2008; Huselid, 1995: 635; Wall and Wood, 2005: 430; Pfeffer; and Pfeffer and Veiga 1999). This paper expects to decide HRM issues and to offer a few arrangements. In the wake of checking on a few investigations, including contradicting ones, HRM frameworks, arrangements, and practices are accepted to drive organization execution through molding enlistment, choice, and maintenance procedures that create drew in and innovative representative, who can fill in as one of the company’s feasible upper hands. The job of human asset frameworks in vital enlistment can't be sabotaged (Liu et al., 2007). Enlistment ought not be excused as something that can without much of a stretch be r e-appropriated to different gatherings since enrollment procedure should meet existing HR technique objectives. Walker, Bernerth and Tocher (2009) examined work seekers’ authoritative mentalities at various periods of the enrollment procedure by assessing the connections among the factors of employment seekers’ procedural equity expectations, procedural equity discernments and starter screening criticism quality. In the wake of utilizing two periods of information assortment that remembered 392 members for stage 1 and 351 in stage 2, discoveries indicated that members who were occupied with the enlistment procedure with high procedural equity desires were more influenced by introductory screening criticism quality than those with low equity desires (Walker et al., 2009: 5). Procedural equity recognitions all through the fundamental screening influenced their authoritative mentalities (Walker et al., 2009: 5). These creators inferred that how firms enlist applicants can influence the nature of recognitions with respect to the association (Walker et al., 2009: 6). Rehman (2012) attested similar discoveries for his exact work on the enlistment endeavors of open division associations in Pakistan. He found that associations with poor advancement and administration frameworks will in general select less skillful candidates and will in general have higher turnover rates. Administrators must be clear in clarifying what they anticipate from their representatives and what workers can anticipate from the association, as far as remunerations, culture and other authoritative and administrative elements. HRM supervisors who cautiously cut the privilege hierarchical picture and occupation desires for its representatives during the enrollment procedure can enlist high-performing workers than the individuals who couldn't care less on the picture and desires they give to candidates. HRM influences singular execution through its enlistment systems since they impact singular choices through authoritative variables, which when attested through recruiting, can result to representative occupation fulfillment and maintenance. Han and Han (2009) investigated the connection between employing recognitions and maintenance and found a relationship between's the two. Another examinations stressed that in enlisting the ideal individuals, professional training, abilities, and character are basic. Newman and Lyon (2009)

Catcher in the Rye

In J. D. Salinger’s epic The Catcher in the Rye, the principle character, Holden Caulfield’s obvious frenzy and nonsensical conduct assumes a significant job. The choices that Holden makes at the time appear un-typical and unreasonable to characters in the novel, however to the peruser they appear to be insightful and sensible. One case of this conduct is the way Holden treats ladies. All through the novel he has the impulse to be with ladies, however he can oppose his inclinations. He doesn’t need to be with a young lady, just to be with a young lady, Caulfield really needs it to mean something.At the time individuals would have thought Holden was frantic for leaving behind a portion of his chances with ladies, however when a peruser finds out about it, they feel like Holden is settling on the correct choice. This encourages the peruser to accept that Holden is experienced. When Holden gives the ten dollars he has to the nuns, a few people may imagine that that was a lot of cash to spend on something, in which you get no blessing out of. Despite the fact that Holden didn’t get something truly back, he received something back mentally.Since he had felt regretful for the night prior, he needed to take care of his blame. To certain individuals it might appear â€Å"mad† to take care of your blame, however to Holden it was what he expected to do. Franticness can be resolved diversely through different people groups eyes, what one individual may believe is what is considered â€Å"mad†, another may discover totally typical. The distinction and the importance of the â€Å"madness† in the novel work all in all since it shows how not thinking like every other person isn’t a terrible thing.Holden has his very own psyche, and he utilizes it furthering his potential benefit, making him a more grounded and increasingly free person. Holden conducts himself in an exceptionally novel manner, a few people may think his c hoice are nonsensical, and some may think they are totally consistent. Examining how â€Å"madness† functions, and how â€Å"madness† is seen through various people groups eyes is troublesome, however regardless of anything else, it is continually going to be seen in an unexpected way. Catcher in the Rye The Catcher in the Rye is written in an abstract style from the perspective of its hero, Holden Caulfield, following his precise point of view (a composing style known as continuous flow). There is stream in the apparently disconnected thoughts and scenes; for instance, as Holden sits in a seat in his quarters, minor occasions, for example, getting a book or taking a gander at a table, unfurl into conversations about encounters. Basic audits concur that the novel precisely mirrored the young everyday discourse of the time. Holden is six feet two and has grown six and a half crawls in the last year.He's an overwhelming smoker and wears his hair in a group trim. Individuals botch him for being 13 despite the fact that he's 16 and has a headful of silver hair. Holden's appearance is that of an immature who's not simply excessively youthful or unreasonably old for his age, yet by one way or another both on the double. Holden has quite recently flopped out of Pencey Prep. The main subject he passed was English, as he peruses a great deal all alone. The tale follows Holden's most recent couple of days at Pencey and the occasions that happen a short time later, which lead to his hospitalization and analysis. The Catcher in the Rye is the narrative of Holden Caulfield during these essential days, as told by Holden.Holden is estranged from society. He feels that nobody gets him and that everybody is a â€Å"phony†. He imagines that nobody is straightforward, and everyone needs to be something different. He feels that the main individual who comprehends him is Phoebe. He doesn't have associations with young ladies, or anybody since he feels that he is the main certifiable individual on the planet.. Holden needs to manage misfortune. He loses his sibling, Allie, to leukemia, and feels a gigantic misfortune. Allie composed sonnets on an old mitt, and Holden treasures this, and talks about it in incredible detail.His sibling D. B. lives in Hollywood, and is a screenw riter. Holden sees him as a â€Å"phony† and has little contact with him. He respects D. B. as a metaphorical whore, who composes just to bring in cash, and not for scholarly reclamation. Another issue in Catcher is selling out. Holden continually feels deceived, and that is a potential reason for his issues. Right off the bat in the novel, Mr. Spencer deceives him. He was one of only a handful hardly any instructors at Pency that Holden enjoyed. Spencer broke the updates on Holden's ejection, and Holden felt betrayed.Stradlater deceives Holden by dating his closest companion, Jane, whom Holden additionally really liked. When Holden gets back to see Phoebe, she is baffled in him that he bombed out of Pency. He imagines that she ought to acknowledge him genuinely, so he feels double-crossed. Author Bruce Brooks held that Holden's mentality stays unaltered at story's end, suggesting no development, consequently separating the novel from youthful grown-up fiction. Interestingly, essayist and scholastic Louis Menand imagined that educators allocate the novel as a result of the idealistic closure, to show youthful perusers that â€Å"alienation is only a stage. While Brooks kept up that Holden behaves, Menand guaranteed that Holden thinks as a grown-up, given his capacity to precisely see individuals and their thought processes, for example, when Phoebe expresses that she will go out west with Holden, and he promptly dismisses this thought as ludicrous, causing Phoebe a deep sense of disillusionment. Others feature the issue of Holden's state, in the middle of youth and adulthood. While Holden sees himself to be more astute than and as develop as grown-ups, he rushes to get passionate. â€Å"I felt sorry as hellfire for†¦ † is an expression he frequently employments. Subside Beidler, in his A Reader's Companion to J.D. Salinger's â€Å"The Catcher in the Rye†, recognizes the film that the whore Sunny alludes to in section 13 of The Catche r in the Rye. She says that in the film a kid tumbles off a pontoon. The film is Captains Courageous, featuring Spencer Tracy. Bright says that Holden resembles the kid who tumbled off the vessel. Beidler appears (see p. 28) a still of the kid, played by kid on-screen character Freddie Bartholomew. The tale's way of thinking has been adversely contrasted and that of Jean-Jacques Rousseau. Each Caulfield youngster has abstract ability: D. B. composes screenplays in Hollywood; Holden additionally venerates D.B. for his composing expertise (Holden's own best subject), however he likewise disdains motion pictures, thinking of them as a definitive in â€Å"phony†, and depicts D. B. ‘s move to Hollywood to compose for films as â€Å"prostituting himself†; Allie composed verse on his mitt; and Phoebe is a diarist. This â€Å"catcher in the rye† is a relationship for Holden, who appreciates in kids ascribes he battles to discover in grown-ups, similar to honesty, consideration, suddenness, and liberality. Tumbling off the bluff could be a movement into the grown-up world that encompasses him and that he firmly criticizes.Later, Phoebe and Holden trade jobs as the â€Å"catcher† and the â€Å"fallen†; he gives her his chasing cap, the catcher's image, and turns into the fallen as Phoebe turns into the catcher. Holden is an atypical young person. He is distanced more than most young people. He likewise is amidst a personality emergency. All adolescents experience these stages, so everybody can identify with Holden somewhat. Holden is socially uncouth. In spite of the fact that he has numerous companions and colleagues, he can not shape enduring, important fellowships. Most youngsters, despite the fact that they do have weaknesses, can work seeing someone. Holden doesn't develop through the novel.He really relapses back to a youngster like perspective. He is continually harping on the demise of his more youthful sibling, and keeps away from his folks, and feels like the main individual he can converse with is his multi year old sister. Holden holds Allie and Phoebe in such high regard since they are guiltless. Holden will likely secure honesty on the planet. At the point when he hears the â€Å"Catcher in the Rye† tune being sung by a young man, he concludes that he needs to be the individual that shields youngsters from tumbling off a bluff. That bluff represents the progress from adolescence to adulthood, and he needs to keep them as guiltless kids, not fake grown-ups. Catcher in the Rye The Theme of Phoniness in Catcher in the Rye Phoniness is a reoccurring topic utilized in J. D. Salinger’s ‘The Catcher in the Rye’ by the principle character Holden Caufield. All through the whole novel, the word â€Å"phony† is utilized commonly by Holden, making phoniness give off an impression of being one of the most predominant reoccurring topics. He depicts various characters’ â€Å"fake† mentalities as fake. It is by all accounts the way Holden defends that the world is a terrible spot and in this manner making him need to shield immaturity and shield them from being presented to grown-ups and this phoniness.But Holden really has all the earmarks of being a scoundrel. Holden Caufield accepts all grown-ups are fake, however as the novel shows, Holden isn't insusceptible from phoniness himself. Holden is continually alluding to individuals and circumstances as fake. One being shallow, counterfeit, or shallow qualifies them as a fake as i ndicated by Holden. Holden sees this â€Å"phoniness† wherever in the grown-up world. A considerable lot of the characters in the novel are to be sure frequently fake to keep up their appearance, so indeed, individuals are fake and Holden is correct, yet he himself is blameworthy of the equivalent things.The first time Holden makes reference to the fakes he raises Mr. Spencer. He had couldn't help contradicting Mr. Spencer when he had educated him regarding â€Å"life being a game†, and basically reacted by saying, â€Å"If you jump as an afterthought where all the superstars are, at that point it’s a game, all rightâ€I’ll concede that. Be that as it may, on the off chance that you jump on the opposite side, where there aren’t any superstars, at that point what’s the game about? Nothing. No Game† (Salinger 8). Fakes, similar to his kindred understudies, are more keen on looking great than really doing any

Every Use by Alice Walker Book Review - 825 Words

Every Use by Alice Walker (Book Review Sample) Content: Name:Instructor:Course:Date:Every Use by Alice WalkerIntroductionEveryday Use is probably one of the most frequently anthologized short stories in English literature. This story stresses on mother-daughter bond and defines the identity of an African American woman in regards to this bond and other forms of attachment with other family members. This short story incorporates aspects of gentle humor in illustrating Deeà ¢Ã¢â€š ¬s excess of zeal in trying to reclaim her heritage as well as her attempts to overlook the truth of African American experience according to what she had read about it in various books (Velazquez, 2015). Dee has even gone a step further to join a movement called Cultural Nationalism, which is being led by a spokesman referred to as LeRoi Jones, or Amiri Baraka. However, her knowledge of the basics of this movement seems to be flawed as she is making use of small portions of African lore than showing a coherent understanding of the concept. The co ntrast between Dee and her mother is clear-the hardworking mother tells of how she has passed her true inheritance to a daughter that is not book-educated but one that belongs to the tradition.Research MethodologyFor this thesis, the writer used the book and an online article to analyze the text.Findings and DiscussionThe speaker in this story is a mother to two very different girls: Dee and Maggie. Throughout her life, Maggie has lived a traditional and an old-fashioned life. On the other hand, Dee had the opportunity to go off to school, which has allowed her to become quite sophisticated. When she comes back home, Dee has changed her name to Wangero, and is accompanied by a new boyfriend (Walker 318). She argues that she wants to take with her their family heirlooms as a means of claiming her real identity as an African American. Dee states that she would like to have the quilts that she plans to exhibit on the walls of her house due to their fine handiwork. On the contrary, Magg ie has been promised the same quilts for her marriage, and she loved them as they reminded her of their grandmother. Dee feels that she is entitles to the quilts and is very disappointed when their mother, the speaker, chooses to give them to Maggie, who does not want them for show but "for everyday use." After Dee leaves with other family trophies, Maggie and the mother stay together, and enjoy a heritage that is based on memory and experience rather than on having things out on display.The thematic richness of this short story is made possible through authorà ¢Ã¢â€š ¬s use of a perceptive and flexible voice of a first-person narrator. It is only through the motherà ¢Ã¢â€š ¬s point of view that one gains an understanding of both Maggie and Dee. From a great distance, both daughters may appear stereotypical as one is a sweet yet ineffectual homebody while the other is a smart yet ruthless college girl (Walker 316). The close scrutiny that the mother pays to her daughters redeems b oth Maggie and Dee, as characters in this narrative, from banality. For instance, she explains Maggieà ¢Ã¢â€š ¬s shyness from a terrible fire that she survived as a child which has forced her to walk with her chin to her chest, her eyes on the ground and her feet in shuffle. Through the motherà ¢Ã¢â€š ¬s scrutiny, one learns that Dee had very high demands from the moment she was a young child, and that the demands she made of others drew her away. This is why she only had a few friends and a boyfriend that rushed off to marry a girl form the city after Dee started her fault-finding venture on him (Walker 317). From her motherà ¢Ã¢â€š ¬s commentary, it is clear that Deeà ¢Ã¢â€š ¬s drive for a better life not only cost her dearly but also brought about invisible scars in her life.The use of symbols has played a fundamental role in enriching the story. Specifically, the contest for the quilts serves as the primary symbols to t... Every Use by Alice Walker Book Review - 825 Words Every Use by Alice Walker (Book Review Sample) Content: Name:Instructor:Course:Date:Every Use by Alice WalkerIntroductionEveryday Use is probably one of the most frequently anthologized short stories in English literature. This story stresses on mother-daughter bond and defines the identity of an African American woman in regards to this bond and other forms of attachment with other family members. This short story incorporates aspects of gentle humor in illustrating Deeà ¢Ã¢â€š ¬s excess of zeal in trying to reclaim her heritage as well as her attempts to overlook the truth of African American experience according to what she had read about it in various books (Velazquez, 2015). Dee has even gone a step further to join a movement called Cultural Nationalism, which is being led by a spokesman referred to as LeRoi Jones, or Amiri Baraka. However, her knowledge of the basics of this movement seems to be flawed as she is making use of small portions of African lore than showing a coherent understanding of the concept. The co ntrast between Dee and her mother is clear-the hardworking mother tells of how she has passed her true inheritance to a daughter that is not book-educated but one that belongs to the tradition.Research MethodologyFor this thesis, the writer used the book and an online article to analyze the text.Findings and DiscussionThe speaker in this story is a mother to two very different girls: Dee and Maggie. Throughout her life, Maggie has lived a traditional and an old-fashioned life. On the other hand, Dee had the opportunity to go off to school, which has allowed her to become quite sophisticated. When she comes back home, Dee has changed her name to Wangero, and is accompanied by a new boyfriend (Walker 318). She argues that she wants to take with her their family heirlooms as a means of claiming her real identity as an African American. Dee states that she would like to have the quilts that she plans to exhibit on the walls of her house due to their fine handiwork. On the contrary, Magg ie has been promised the same quilts for her marriage, and she loved them as they reminded her of their grandmother. Dee feels that she is entitles to the quilts and is very disappointed when their mother, the speaker, chooses to give them to Maggie, who does not want them for show but "for everyday use." After Dee leaves with other family trophies, Maggie and the mother stay together, and enjoy a heritage that is based on memory and experience rather than on having things out on display.The thematic richness of this short story is made possible through authorà ¢Ã¢â€š ¬s use of a perceptive and flexible voice of a first-person narrator. It is only through the motherà ¢Ã¢â€š ¬s point of view that one gains an understanding of both Maggie and Dee. From a great distance, both daughters may appear stereotypical as one is a sweet yet ineffectual homebody while the other is a smart yet ruthless college girl (Walker 316). The close scrutiny that the mother pays to her daughters redeems b oth Maggie and Dee, as characters in this narrative, from banality. For instance, she explains Maggieà ¢Ã¢â€š ¬s shyness from a terrible fire that she survived as a child which has forced her to walk with her chin to her chest, her eyes on the ground and her feet in shuffle. Through the motherà ¢Ã¢â€š ¬s scrutiny, one learns that Dee had very high demands from the moment she was a young child, and that the demands she made of others drew her away. This is why she only had a few friends and a boyfriend that rushed off to marry a girl form the city after Dee started her fault-finding venture on him (Walker 317). From her motherà ¢Ã¢â€š ¬s commentary, it is clear that Deeà ¢Ã¢â€š ¬s drive for a better life not only cost her dearly but also brought about invisible scars in her life.The use of symbols has played a fundamental role in enriching the story. Specifically, the contest for the quilts serves as the primary symbols to t...

The Success Of An Organization - 994 Words

The success of an organization is driven by the employees. Leaders have to be able to deliver their vision and work with their teams to achieve those goals. It has been proven that teams deliver better results than individual employees, therefore, leaders must work with their teams to ensure that they develop properly and mature over time. To make sure a team develops properly, leaders must follow the stages of team development which are: forming, storming, norming, and performing (Abudi, 2010). Device Products Unlimited (DPU) has been in business for about thirty years. Recently, the quality control team identified many mistakes that keep happening in the manufacturing and production division. Thomas, the CEO, decided to divide the production division into production teams. The teams will be formed by four mechanics, two engineers, and a team leader to guide the team. Thomas’s goal is for the smaller teams to be more focused on their specific functions and responsibilities, consequently minimizing the amount of mistakes. One of the problems DPU could be facing is the lack of team collaboration due to the increasingly unstable and competitive socioeconomic environment (Boughzala, de Vreede, 2015). Organizations highly depend on team collaboration to succeed since teams have to work together to create the value that cannot be achieved individually (Boughzala, de Vreede, 2015). If the quality of the team collaboration is affected, the results will have a negative impactShow MoreRelatedThe Success Of An Organization1360 Words   |  6 PagesThe success of any organization can typically assessed by the financial figures that estimate the expense and income generated yearly. Most analysts place a tremendous importance on Earnings generated by a business. It is usually the earnings that motivate the value of stocks. Managers are therefore constantly under relentless demand to keep the profits rising to keep stockholders content and avoid takeover attempts. Cost is, therefore, a significant interest as to p-level directors, who are regularlyRead MoreThe Success Of An Organization1159 Words   |  5 PagesThe success of an organization depends greatly on effective roles of management. Vital roles of management include effective planning, expert organization, exceptional leadership and the ability to control and maintain an efficient productive environment. Mangers must be conscious of the organizations culture due to constant changes in the external, internal and global environments in which they serve. A manager’s ability to effectively carryout essential managerial tasks depends heavily on an organization’sRead MoreThe Success Of An Organization1853 Words   |  8 PagesThe success of an organization is highly influenced by the capabilities of the manager in charge. Managers have become the backbone of any successful company since they understand the needs of the company and can bring new ideas to upper management. Although, the manager does play a huge role in the organizations success it is also up to the organization to properly train their managers. Poor training can lead to hostile work environments as well as a lack of communication between the employees andRead MoreThe Success Of An Organization1646 Words   |  7 Pages The success of an organisation includes the use of unique strategies and effective decision-making to promote the business effectively which increased the growth of the company to the industry and economy. Through competition, companies have gained advantages to outgrow their product by using strategic plans and critical decision-making which leads to attracting as many consumers as possible than their competitors. Organisations compute the success of the company in unique ways and varies from differentRead MoreThe Success Of A Healthcare Organization835 Words   |  4 PagesThe success of a healthcare organization is governed by the many qualities and attributes its leaders possess when overseeing patient care. Such care, whether executed at the micro, meso, or macro level, can be beneficial to an organization or result in the failure when change is inappropriately addressed. Leaders, by using their knowledge and expertise, must promote care throughout all the numerous levels of ma nagement that is a replication of bureaucratic thoughts and principles or one that isRead MoreOrganizational Success : An Organization963 Words   |  4 Pageshas been institutionalized in today’s society regarding organizational success. For a company to excel, it must strive to grow at all cost. In the short run this is applicable, however in the long run the concept of growth can lead to a decline. To remain competitive within in the market, it is essential that the company strategically plans this expansion without omitting any of the primary or secondary entities of an organization. Knowing how to manage growth, whilst standing by initial official goalsRead MoreEssential For Their Success : An Organization2874 Words   |  12 Pagestheir success. Skilled managers or leaders have the ability to read situations from different perspectives in order to understand and manage an organization. This art of reading and understanding organizational life are based on different t heories of metaphors that enable management and organization to improve productivity. Organizational life is explored in the form of different metaphors and these metaphors would further explain how management can see, understand and manage organizations in a moreRead MoreThe Behavior And Success Of An Organization2140 Words   |  9 PagesThe behavior and success of an organization is fluid and requires looking at its characteristics in a variety of ways. Managers and leaders must be flexible and willing to adjust and change as situations and environment change. Bolman and Deal (2008) have identified four frames that an organization’s leaders can use to strategize in taking the organization from one level to the next, while still remaining true to its employees, mission and values. These frames are: Structural, Human ResourcesRead MoreAn Organization s Success And Competitiveness1319 Words   |  6 PagesA motivated workforce is an important aspect of an organization s success and competitiveness in an industry: however, I find that companies are going to realize that keeping a workforce motivated will not be an easy challenge. Furthermore, every employee in an organization is different and not all employees are as motivated or driven as their peers. The challenge for organizations is to figure out what employees want and value because not every employee values the same concepts. First, I’ve learnedRead MoreCritical Success Factors Of An Organization1238 Words   |  5 PagesCritical success factors are generally essential activities or elements that allow an organization to achieve its objectives and for current and future operations. Some of the critical success factors of business could be as follows: †¢ Reductions in employee turnover and increase in employee retention. †¢ Increasing satisfaction percentage in employee engagement survey. †¢ Improved ratings for training and development. †¢ Increase revenue per man-hour †¢ Improved performance appraisal system by KPI

Role of Education in Minimizing Audit Expectation - Free Samples

Question: Discuss about the Role of Education in Minimizing Audit Expectation. Answer: Introduction The key role of this paper is to evaluate the risks that are related to any company that functions in the economy. This paper has therefore looked to concentrate on Telstra Corporations Ltd. Telstra is the new company that has appointed us in order to assess their risks and their financials that are associated with them. The examination and the evaluation of the annual report of Telstra Corporations Ltd is helpful in explaining and addressing the risks of the organization and the actions that can be recommended to them according to the results obtained from the assessment. Inherent Risks and Assertions Risks Details Assertions and Impacted Accounts of Business Audit procedure The company has outlaid their operational activities that is beyond their financial capability Telstra has their operational activities way over their financial capacity and they have been undertaking strategies with the help of which the company can expand their business (Telstra.com.au 2018). The revenue of the company has not been increasing significantly but the actions that have been taken can lead to risks and bankruptcy for the company. The assertions are inclusive of: Accuracy Reliability Precision Operational activities of the company. Impact on Accounting books Cash Account Account Receivables Bad Debts Account Revenue Account The audit process of the company will assess the financial activities of the company and thereby understand the losses that have been taking place in various accounts and thereby keep a record about it so that it can be evaluated. The fall in the level of profits due to a rise in the collective losses The annual report has indicated that there has been a fall in the profit of the organization in the year 2017 in accordance to the previous year and the level of collective losses has been significantly higher. Assertions Relevance Materiality Impact on the books of accounts Bad Debt Account Profit Account The process of auditing is inclusive of an explained assessment of the losses that have been incurred which have been recorded. The accuracy and the effectiveness of the management will even be reviewed. Investigation of the commitments towards the expenditure Telstra has a huge amount of expense that is associated with the establishment of the towers with the help of which there can be an improvement of their networks (Telstra.com.au 2018). This amount has not been addressed in the financial statement. The amount that has been invested on the development of the network towers is not highlighted in the annual report and this recorded in the notes to the account. Assertions Materiality Accountability Relevance Impact on the Books of Accounts Expenditure Account Account Receivable Sales Account Statement of Profit and Loss The process of auditing will include the evaluation of the costs of the firm on these activities and the characteristics and contracts of the activities will even be ensured (Kend et al., 2014). The figure that is addressed in the annual report has importance and hence the value is of the network development amount and therefore this amount has to be recorded (William Jr et al., 2016). The auditor even needs to make sure that these activities are in nature authentic. Deferred Tax According to the annual report, the company deferred tax assets are utilized in order to write off for the deferred tax liabilities (Telstra.com.au 2018). Assertions Write off Timing Accuracy Segmentation Impact on the Books of Account Balance Sheet Income Statement There has been estimation that the judgment that has been confronted by the management that is associated to the projection of the taxable profit of the firm along with assessment of the processes and the mechanisms that is utilized by the management for the estimation of the computation. Ratio Analysis Particulars Ratio kind 2017 2016 Difference Risk Financial Ratio Current Ratio 0.86 1.02 -0.16 Low Quick Ratio 0.70 0.91 -0.21 Low Profitability Ratio Return on Equity 25.59 38.57 -12.98 High Solvency Ratio Debt to Equity Ratio 1.02 0.92 0.1 Low Current Ratio The current ratio of Telstra Corporations Ltd for the current year indicates that it has not been able to take care of the liquidity needs effectively. The fall in the current ratio indicates that the company has been unable to reduce their current liability and the fall in the quick ratio addresses the same thing. The current ratio in certain cases becomes the quick ratio if there is unavailability of stock in the balance sheet of the organization. The quick ratio of Telstra addresses that the firm has been unable to satisfy the requirement of liquidity and has even been unable to handle their operating costs and operations effectively. The suitable current ratio for any organization is 1:1 which indicates that there exists an equivalency in the current asset and liabilities (Kend, Basioudis 2017). Return on Equity The figures of return on equity have indicated that Telstra has been able to pay their dividends to the shareholders during the year 2016 and 2017. However, the amount of dividend has fallen in the year 2017 in accordance to the previous year. The organization has faced losses in 2017, which has been reflected in the balance sheet of the organization. The loss of Telstra has increased from the last year and this is the main cause for the return on falling by a significant margin. The issue cannot be developed from the mindset of the firm as in such cases the company would be facing problems in the coming time. The risk factor for the organization is high if the return on equity is regarded as a standard of performance with the aspect of the shareholders (Waldron, 2016). Debt to Equity Ratio The risk factor for debt to equity is low and the figure has increased in 2017 from 2016. It indicates that the capital framework of Telstra is more debt based than equity. This indicates that the company is reliant on leverage. The capital structure of Telstra comprises mainly of debts and this has been indicated in the balance sheet of the firm in the annual report. Areas of Problem for Telstra Identified areas of concern Explanations Impacts on the books of accounts Audit Procedure Current Ratio The current ratio of Telstra is not too effective even though the company has a proper liquidity scenario and Telstra has the ability to satisfy the need for liquidity. The key factor has been due to the fact that the company has been able to minimize their current liabilities from the last year. It is known that the effective current ratio of a firm is 1:1. Cash and its equivalent Prepaid expenses Accounts Receivable Accounts Payable Interest payable Income Tax that is payable The company records need to be examined in order record any kind of discrepancies from the management (Knechel, Salterio 2016). The cash records are required to be assessed effectively. Return on Equity The amount of dividend the company has paid has fallen with respect to the previous year and therefore has not been able to satisfy the outlook of the shareholders with respect to the amount of dividends. Telstra has been incurring losses and this is indicated in the balance sheet. Sales Account Asset Balance Sheet It is the duty of the auditor is to examine the timings and the dates of each and every transaction of the firm and making sure that effective examinations have been made (Shah et al., 2017). Debt to equity ratio The debt to equity has increased in this year from the previous year and this is indicates that the capital structure of Telstra is more debt based that equity. This explains that the company does rely on the leverage. Revenue Payables Provisions It is the duty of the auditor to examine the records of the provisions and payables and the relevancy of the same. Recommendations The suggestions that can be given to Telstra Corporations Ltd in order to develop their business framework include constructing an effective internal control mechanism so that the management can monitor and manage the internal processes of the business. Telstra even needs to maintain a record of the costs for the development of the network towers in the books of accounts as this can have an influence on the decisions of the investors. Telstra can even undertake a frequent assessment of the inventories and even the tower construction sites so that the operations can be examined (Ihendinihu, Robert 2014). Telstra even has to undertake an effective knowledge about the framework of the deferred tax and the process with the help of which it can be written off and needs to be declared in the annual report. Conclusion The discussions that have been made in this paper addresses that the key audit issues of Telstra is dependent on the decisions of the auditor. The audit committee has less amount of obligations and the selection of a skilled external auditor who will look into the perspective of the company in accordance to fairness that is seen in the audit report. The report therefore explains the processes that can be incorporated by the administration in order to make the business more efficient. Reference Birkey, R. N., Michelon, G., Patten, D. M., Sankara, J. (2016, September). Does assurance on CSR reporting enhance environmental reputation? An examination in the US context. In Accounting Forum(Vol. 40, No. 3, pp. 143-152). Elsevier. Chambers, A. D., Odar, M. (2015). A new vision for internal audit.Managerial Auditing Journal,30(1), 34-55. Cohen, J. R., Simnett, R. (2014). CSR and assurance services: A research agenda.Auditing: A Journal of Practice Theory,34(1), 59-74. Edgley, C., Jones, M. J., Atkins, J. (2015). The adoption of the materiality concept in social and environmental reporting assurance: A field study approach.The British Accounting Review,47(1), 1-18. Ihendinihu, J. U., Robert, S. N. (2014). Role of Audit Education in Minimizing Audit Expectation Gap (AEG) in Nigeria.International Journal of Business and Management,9(2), 203. Kend, M., Basioudis, I. (2017). Reforms to the Market for Audit and Assurance Services in the Period after the Global Financial Crisis: Evidence from the UK.Australian Accounting Review. Kend, M., Houghton, K. A., Jubb, C. (2014). Competition issues in the market for audit and assurance services: are the concerns justified?.Australian Accounting Review,24(4), 313-320. Knechel, W. R., Salterio, S. E. (2016).Auditing: Assurance and risk. Taylor Francis. Shah, N., Reintjes, F., Courtney, M., Klarenbach, S. W., Ye, F., Schick-Makaroff, K., ... Pauly, R. P. (2017). Quality assurance audit of technique failure and 90-day mortality after program discharge in a Canadian home hemodialysis program.Clinical Journal of the American Society of Nephrology, CJN-00140117. Telstra - mobile phones, prepaid phones, broadband, internet, home phones, business phones. 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Premodern To Post Modern Society Essays - Economic Systems, Foraging

Premodern To Post Modern Society Western liberal scholars have divided human history into three phases: the premodern, the modern and the post modern. Each phase has no definite end, rather they layer on top of each. For example, a thoroughly post modern society has elements of premodern and modern in it. There is no one exact time when the premodern ended and the modern began: each society reached them differently. Western Europe entered the modern era in the sixteen hundreds while the rest of the world was still premodern. Even now, most industrialized countries are post modern, yet most of the Third World is modern or even premodern. The premodern phase spans a huge amount of time, from prehistory until the rise of modern institutions. The premodern can further be divided into two periods, before and after settled agriculture. Before a society adopts settled agriculture, they live of the land, hunting and gathering. The political organization of such groups is roughly like a wolf pack: there is a dominate leader figure (not necessarily male) that leads a more or less egalitarian community. An excellent example of hunter-gatherers is the Kung bushmen of the Kalahari dessert. The Kung live in small family groups in an extremely hostile environment yet they have adapted. Since they do not cultivate plants for food there is no point in owning a parcel of land. Each small tribe can support itself on it's surrounding land with resources to spare. Private ownership of land is unherad of. Since the technology of the Kung is rudimentary, everyone in the tribe has the same skills at manufacturing as everyone else. If one m ember of the tribe wishes to make a loincloth, he simply makes it himself, every member of the tribe can exactly this. There is no way to differentiate status, everyone has exactly the same skills. The division of labor between man and women is slight. Both take an active role in feeding the family; the man hunts while the woman gathers. Women and men are treated equally. Serious crime like murder or robbery are unheard of among the Kung. There is no reason to steal when every product can be made easily with the resources at hand. The only thing stealing would accomplish is isolation from the rest of the tribe. Also, there was very little in the way to steal. The Kung live in tune with nature, they use only a few simple tools such as digging sticks and spears. As the Kung all live in a close knit tribe stealing from one another is like stealing from a close friend. There is no faceless anonymity of the victim for the perpetrator. The thief knows and lives with the person who he is stealing from. Even if one individual committed a minor offense among the Kung, they themselves are not directly punished. Instead, there is a ritual to banish the demon who enter the perpetrators body and willed him to misbehave. There is no forced confinement or resentment. Societies such as the Kung were very small. Each person must forage or hunt for their food. To sustain a population of even a small amount of people the surrounding wilderness must be big enough to continually regenerate itself in the following years. This did not lead to a large population density as it takes large tracts of land to support people without going barren. This is why hunter gatherer groups are so small; the land cannot support many people in its present state. The Kung continue to survive by adapting to the land, instead of adapting the land to better suit their needs. If it suited them and they had the technology, the Kung could plow fields and build irrigation system to bring water into the dessert. The cost of this is huge labor output, yet the benefit is increased food production. With increased food production comes larger and larger populations. A small population is not the only disadvantage of hunter gatherers. Science and technology suffer in a tribal system s uch as the Kung. Gathering food and caring for children occupied the entire time. There were no dedicated scholars or scientists. Only with food surpluses reaped by settled agriculture could people