Wednesday, September 2, 2020

Toy Story Essays - Film, Cinema Of The United States, Toy Story

Toy Story In 1995, Toy Story was created by Pixar Animation Studios for Walt Disney Studios (Wiki). In the film a little youngster named Andy and his toys that become animated when people are nowhere to be found, move to another house in another area and experience numerous difficulties following the occasion. Coordinated by John Lasseter, the film's music was made by Randy Newman. The brave score matched impeccably with the film's great soul. 110 artists and $17.5 million dollars later (ToyStory), we were honored with the arrival of the principal Toy Story. Randy Newman, the writer for the film, is an American lyricist, artist, arranger, author, and piano player conceived in 1943. He is known for his exceptional voice, satare pop tunes, and one of a kind film scores. His film scores incorporate Ragtime , Awakenings , The Natural , and Seabiscuit. He has scored eight Disney-Pixar vivified films including: Toy Story 1,2, and 3 , A Bug's Life , Monsters Inc. , Monsters University , just as Disney's The Princess and the Frog and James and the Giant Peach. Newman has gotten twenty Academy Award assignments and has won twice for Best Original Song. He has likewise won three Emmys and six Grammy Awards. Newman was drafted into the Songwriters Hall of Fame in 2002 for works of art, for example, Short People, and as a Disney Legend in 2007. He was accepted to the Rock and Roll Hall of Fame in April 2013 (RandyNewman). His melodic style was impacted by any semblance of Albert Bernstein and Ray Charles. He regularly composes full symphonic scores, but at the same time is known for utilizing a particular voice with piano. You Got a Friend In Me, is ostensibly the most notable tune from the film and is the main melody to return in the following two motion pictures too. The leitmotif is utilized all through the film, including the opening and shutting credits. The utilization of voice, percussion, piano, woodwind, and metal instruments gives a fun setting to the fundamental vocals of the melody, sang by Randy Newman himself. Newman's impossible to miss voice gives the tune a warm vibe that causes the watchers to identify with the tune. The leitmotif is played as Andy is playing with his toy, one of the primary characters in the film, which integrates the scene well indeed. The smooth hints pair very well with the light metal, and delicate vocals. The tune is still notable, more than twenty years after its discharge. Abnormal Things is utilized in the scene where Woody, Andy's cowhand doll, is being supplanted by Buzz, a spaceman activity figure, as the most loved toy. The energizing piano and fun bass line goes with the vocals well. The verses portrays impeccably what's going on the screen. Newman likewise gives the primary vocals to this tune too. His more unpleasant voice stands out from the showy music, which precisely depicts Woody's relationship with Buzz and Andy at that point on screen. The tune has an out of control vibe, as the instrumental tune is exuberant and energizing, is combined with the capricious verses . All together the score is precisely picked for the film. Buzz is by and by my preferred piece in the film. The strings and woodwinds are utilized before all else, included onto by the low metal, and percussion in an elating, emotional development. It is met by a fun tone completed by metal and a beautiful tune with the strings. Newman utilizes sounds like that of his motivation Albert Bernstein later in the tune, with hurrying lines on strings and a heartracing tone is gotten by the remainder of the ensemble. The crescendo is held all through the remainder of the tune. The instrumental tune is brimming with exciting bends in the road that leave audience members sitting at the edge of their seats fully expecting what may occur. Woody's Gone presents cheerful woodwinds and strings, included by an inquisitive ostinato of lower strings. A crescendo of the whole symphony is held out until nearly the finish of the tune. The contentious parts between the woodwinds and low metal with the stings gives a heart-siphoning feel of distress and earnestness brought to a sudden end by a decrescendo and speedy

Saturday, August 22, 2020

McDonalds wishes to rework on its restaurant interiors Essay

McDonald’s is the world’s driving worldwide foodservice retailer with in excess of 33,000 areas in 118 nations. McDonald’s has a few organization claimed stores, however utilizes Franchising for both household and worldwide development. McDonald’s India was set up as a 50:50 joint-adventure between McDonald’s at a worldwide level and provincial Indian accomplices, for example, Hardcastle Restaurants Private Limited in western India, and Connaught Plaza Restaurants Private Limited in northern India. McDonald’s right now has more than 220 eateries in the nation. McDonalds doesn’t give any monetary help and non-attendant responsibility for isn't permitted. Likewise, the money related prerequisites are very steep. MFY-for actualizing the MFY (Made for You) choice for clients, the establishments are required to redesign their hardware at their own cost. This caused some issue with keeping up standard help over all outlets. Valuing and menu may likewise be a state of trouble for the franchiser and franchisee as costs differ between organizations claimed and diversified stores. Conflicting norms There are a few examples of poor help or displeased clients griping about the nature of food served. This is on the grounds that it is hard to uphold precisely the same measures in completely diversified stores. McDonald’s means to give 100 percent all out consumer loyalty. So as to accomplish this objective , McDonald’s depends on its working way of thinking dependent on QSC and V †Quality, Service, Cleanliness and Value. McDonald’s accepts that consumer loyalty is urgent to the achievement of the brand and all Restaurants must perform to the measures. These gauges are utilized in both organization claimed and diversified eateries. QUALITY Best fixings: This is accomplished by its responsibility to sourcing every one of its prerequisites from neighborhood ranchers and providers. Prior to entering India, the organization went through six years and Rs. 450 crore toset up its gracefully chain. In India McDonalds spearheaded the virus chain the board which helpskeep vegetables and prepared items ok for a more extended time. Arrangement Standards: Best quality normalized fixings guarantee normalized arrangement principles can be followed. Each item has a fixed method of planning. Nonetheless, more up to date McDonald’s stores offer MFY (Made for You) where the item is made simply after the request is set. Different principles: * FIFO: (First in first out) for all inventories. * Reverse assimilation water treatment plant: Best innovation for water filtration at each outlet to give water. Exacting guidelines for vegan items including eggless mayonnaise and eggless frozen yogurt. Administration * Soft principles: * Welcome each client with a grin and are really neighborly consistently * Deliver reliable guidelines of neighborliness Seize chances to cooperate with clients in an individual and positive manner * Be very much educated about item substance and healthful data * Always show up spotless and all around prepped. * Hard gauges: * Serve new and hot * Serve inside one moment of getting request or give a free coke. This is executed in a couple of outlets and isn't pertinent during top hours. * Tidiness and Hygiene * The counters, tables, floor territory are to be kept clean consistently. * All staff required to cover their heads and wear gloves when inside readiness region. * All these norms are assessed by riddle customers and appraised. This is known as a RVR Restaurant Visitation Report) which gives a depiction of the stores execution over a time of a couple of hours. The stores are reviewed either A, B, C or F. Office Exterior: Outside Design: McDonalds configuration displays a feeling of â€Å"Forever Young† look with brilliant red and yellow hues speaking to the youngsters and setting up its family café situating. The structure gives a handy, contemporary plan that lines up with the McDonald’s brand pith while obliging the most recent operational and shopper experience norms. Their mascot Ronald Mcdonald is additionally present outside every one of their eateries. McDonalds consistently have all glass eateries. McDonalds has in every case obviously recognized and dealt with the different signs that clients use to frame the impressions and feeling about their organization. Moreover, McDonalds has separate remove counters so as to spare time of their supporters. Signage: All of McDonalds outside signage peruses as, â€Å"McDonalds-Family café. Likewise remembering with the neighborhood language, all McDonalds café have their name sheets in Hindi. McDonalds firmly has faith in sticking to the nearby slants and thus none of the outlets in India sell Beef items and each café has this referenced. Likewise McDonalds, emphatically has confidence in glass marking for any new items or administrations they offer. The greater part of the correspondence is intended to take into account neighborhood tastes and inclinations. Stopping/Landscape/Surrounding Environment: All McDonald outlets are found are available and present wherever subsequently exploiting brand acknowledgment. The majority of the McDonalds have their own cafés and subsequently the seating space accessible is selective to McDonald’s supporters. Likewise McDonalds offers appropriate stopping offices for its roadway eateries. Office Interior All McDonalds outlet are normalized as far as design and have legitimate in-store marking. The â€Å"Young and Cheerful† structure idea is a dynamic, young, and enthusiastic condition with open perspectives for social connection. All McDonald outlets are tremendous with legitimate paths and entries with proper signage for seating field, latrines, wet floor and food counters. McDonalds has a Made for You food readiness platform.MFY is an exceptional idea (cooking technique) where the food is set up as the client puts in its request. This cooking technique has helped McDonald’s further fortify its sanitation, cleanliness and quality guidelines. McDonalds additionally has lit up Menu sheets that offer a blend of both vegan and non veggie lover burgers alongside different savories and beverages. McDonalds likewise has appropriate lines for putting request and regularly there is an official who helps you all together setting. Additionally McDonalds gives toys for youngsters in this way making them needing to return. The other noticeable signals are shading, lighting, in-store music, representative garbs and plate with artistic. McDonalds has abundant in store lighting and straightforwardly inï ¬â€šuences an individual’s view of the deï ¬ nition and nature of the space, inï ¬â€šuencing their consciousness of physical, passionate, mental, and profound parts of the space. The brilliant McDonald stores guarantee brief taking care of and assessment of items. In all McDonald stores the lighting is seen as more wonderful than other inexpensive food conditions. The shading plan that McDonalds utilizes unearths liveliness and warmth. Red portrays vibrance, gladness while yellow delineates kind disposition and brilliance. At McDonalds, music is a positive sound-related signal invigorating explicit customer conduct and feelings. Music seems to impact purchaser dealer cooperation. There is sound played about the most recent offers and items. Likewise an equalization and consistent sound makes a w onderful sound condition. All workers at McDonald are furnished with outfits and name identifications alongside tops with McDonald signature â€Å"M† curve. Workers are likewise prepared with proper delicate abilities to address clients. Each worker or forefront official welcomes the client and trades merriments, which satisfies them. Administration quality hole: The five holes that associations should gauge oversee and limit: Gap 1 (Listening hole) is the separation between what clients expect and what chiefs think they expect †Clearly review look into is a key method to limit this hole. Hole 2 (norm and detail hole) is between the board discernment and the real determination of the client experience †Managers need to ensure the association is characterizing the degree of administration they accept is required. 29 Hole 3 (execution gap)is from the experience particular to the conveyance of the experience - Managers need to review the client experience that their association as of now conveys so as to ensure it satisfies the detail Hole 4 (correspondence hole) is the hole between the conveyance of the client experience and what is imparted to clients †over and over again associations overstate what will be given to clients, or talk about the best case as opposed to the reasonable case, raising client desires and hurting client discernments Hole 5 is the hole between a customer’s view of the experience and the customer’s desire for the administration †Customers’ desires have been formed by overhearing people's conversations, their own needs and their own past encounters. Routine value-based studies in the wake of conveying the client experience are significant for an association to quantify client view of administration Administration Quality measurements Physical assets : Physical proof of administration Dependability : Consistency of execution and reliability Responsiveness : Willingness/preparation of workers to offer support in auspicious way Believability : Trustworthiness, credibility, genuineness Security : Freedom from peril, chance, question, confirmation ensure, Certification Capability : Possession of expected abilities to perform administration Access : Approachability and simplicity of contact Empathy Politeness : Politeness, regard, thought, amicability Qualities: They place client involvement with the center of everything they do: They accept clients are the purpose behind their reality. They show their increase by furnishing them with top notch food and unrivaled assistance in a perfect, inviting condition, at an incredible worth. Their objective is qua

Friday, August 21, 2020

4 Reasons You Need Volunteer Work On Your Resume

4 Reasons You Need Volunteer Work On Your Resume We as a whole know chipping in experience can truly energize a resume. In any case, it’s elusive an opportunity to adjust that kind of extracurricular interest with getting all the abilities and information required in your field. It’s difficult to tell when chipping in would really, explicitly, straightforwardly help you in your pursuit of employment. Here are four circumstances where some charitable effort on your resume would be a significant asset:1. You’ve just graduatedYour just pertinent experience is scholastic, maybe with a temporary position or two. Chipping in at this phase in your profession can be fantastic for building your system and helping you secure positions, and furthermore for cushioning your resume to assist you with getting one. Attempt to discover an open door that supplements your picked vocation way and you’ll be well on your way.2. You’re jobless and have been (or will be) for a whileKeep yourself current and demonstrate t hat, despite the fact that you might not have gotten an appropriate line of work opportunity in the interim, you’ve kept yourself occupied and persuaded and have kept your abilities sharp. It’s additionally an incredible method to make new associations. No one can tell who may assist you with finding your next job.3. You need to change careersWhile you begin to develop abilities and aptitude in the new vocation you’re calculating to change into, chipping in can be an extraordinary method to consider going all in and break into that world. It shows your enthusiasm for your field, and will begin helping you to make significant systems administration associations, in addition to learning things that will serve you over the span of your profession switch.4. You don’t comprehend what you need to doIt’s alright to come out of school and not know precisely what you need to be the point at which you grow up. Humanitarian effort is an incredible method to e valuate various fields and discover what rewards you and difficulties you most. Play around. Most dire outcome imaginable? You haven’t sat around idly, you’ve assisted with having any kind of effect.

Thursday, May 28, 2020

What Was Emilys Relationship With Her Father - Free Essay Example

While reading A Rose for Emily one may notice the deep, rich troves of meaning behind each sentence. Every line delving deep into the past. Imprinted hearts of those livings in the 18th century South with rooted hatred or, truthly, superiority for a race of people that had previously been held in bondage. William Faulkner shows his understanding of the mindset people had during that age, which, in turn, makes his short story all the more complicated. The story shows the main characters steady deterioration of health; the relationship between this character and a man named Homer Barron, a reconstruction contractor; and, the relationship between the main character and her father. Each of these mirrors real-time events and some symbolize possible people. After the Civil War Era, there was a period known as Reconstruction, where the South was under complete Northern control. Five Military districts were set in place to keep order and prevent one authority from being overburdened. There is evidence of symbolism regarding these events with the character Homer Barron. The word baron was a term to signify nobility and the ownership of lands, including the people living there. It is not irrelevant concerning this character as he is the primary contractor for the town of Jefferson, Mississippi. Primarily tasked with the construction of roads and paving sidewalks, he was a stranger and symbolized northern, modern influence on a evolving society. Emily, on the other hand, is the definite symbolization of Southern pride and beauty, and the possibilities that slavery implies. Before the civil war, some southern Plantation owners had grown so rich and powerful that they even had a decent grasp on the government that controls them. They had 21 r epresentatives in the House of Representatives due to their slave population. This power is mirrored in Emily, a monumental figure in her community from a long line of prideful people. Even in her death she was respected. WHEN Miss Emily Grierson died, our whole town went to her funeral: the men through a sort of respectful affection for a fallen monument -Inge, M. Thomas, and William Faulkner. William Faulkner: A Rose for Emily. Merrill, 1970. So the relationship between Emily and Homer Barron was a doomed love from the beginning. As they spent time together, they were gossiped about. And as Homers true feelings were known to everyone, him being a gay man, Emily eventually killed him with arsenic. He was found at the end of the story, a complete skeleton laying in a bed with a spot worn down next to him. The two were incompatible, the Old South and Reconstruction would never be as smooth as we hoped. However, after the death of Homer Barron, no one knew where he was. But, in fact, he was decomposing inside of her house, explaining the smell. This was around the time that her health began to deteriorate. People stopped visiting her, her house lost its shine and seemed to decay, and she became obese. These are all symbolisms to the changing of traditions and modernizing of the South as time passed, leaving tradition behind to decay and rot. It explains how the only thing people really felt for her was an obligated respect. No one knew her personally because no one had held on to the pride of the Old South as much as she did. So she passed away to join her kin, taking the last of tradition with her. Lastly, there is rich symbolism in the relationship between Emily and her father. When her father died, it got about that the house was all that was left for her; and in a way, people were glad. At last they could pity Miss Emily. -Inge, M. Thomas, and William Faulkner. William Faulkner: A Rose for Emily. Merrill, 1970. The explanations used for Miss Emilys father are simple, he is insane. The only appearance he has in the story is of him in a picture, a spraddled silhouette, clutching a horsewhip. It is easy to assume, considering his disposition and his reputation, what he symbolizes. Since Miss Emily is decidedly the pride of the South, her father must be the insanity that created that pride. The type of person who could commit atrocities such as slavery, and everything that implies, would have to be insane. Once he died, all that was left for Emily was the house she lived in. This symbolizes the destruction of the southern slaveholders after the Civil War. Since the plantations w ere primarily supported by the slaves that inhabited them, the sudden loss in free labor made the once profitable business less than bountiful. Her relationship with these characters shows important areas of US history. Her and Homer Barrons attempt at love represent the Souths unwillingness to fit into the Northern agenda and the incompatibility that shows to their very core. Emily and her fathers eerie relationship that seems to answer how Emily was able to hold onto her beliefs as tightly as she did. All of this ending as her health slowly began to rot and her body decay, becoming as gross as the beliefs her father held.

Saturday, May 16, 2020

Aig and the Financial Crisis - 1972 Words

AIG and the Financial Crisis In 2008 United States of America suffered a massive financial crisis. The entire economy was affected, and a lot companies were forced into bankruptcy. AIG was on the verge of being bankrupt until the government decided to bailout the company. Now the AIG is being controlled by the government to restructure and recover assets. According to Kathy Gill about 80 percent of the AIG is controlled by the government (Gill). There are many reasons that lead to the fall of one of the largest insurance company in America, but the four that stand out the most are leverage provided by the government, the creation of Collateral Debt Obligations (CDO), the use of Credit Default Swaps (CDS), the arrogance to believe nothing†¦show more content†¦Companies got to greedy and started to make CDO’s out of Subprime mortgages instead of prime mortgages. The difference between prime mortgage and subprime mortgage is the risk involved. Subprime mortgages are the riskier security, and when th e companies couldn’t find any prime mortgage they turned to the subprime mortgages. This greed lead to the fall of AIG, because of the risky CDO’s that AIG was involved with. Since the CDO’s defaulted AIG had to provide companies money for the insurance they guaranteed on those CDO’s. With tons of these CDO’s failing all the companies started to perform poorly too, and eventually the financial crisis had started to take a toll on the economy. How did Credit Default Swaps work? The insurance that AIG provided was one of the main problems that lead to the company’s destruction. Credit Default Swaps (CDS’s) were insurances for the CDO’s that other companies owned. It’s humorous when looking at the description of Credit Default Swaps (CDS’s) because it does not make sense since it means insurance for the debt you own. CDS’s were created by a group of bankers from JP Morgan in 1994 on a trip to Florida (Philips). They were trying to come up with a plan where they can lessen the risk for the loans they give out. According to Matthew Phillips JP Morgan †¦ â€Å"built up a â€Å"swaps† desk in mid-90s and hired young math and science grads from schools like MIT and Cambridge to create a market for a complex instrument. (Philips)†Show MoreRelatedAmerican International Group Inc.1247 Words   |  5 PagesIntroduction American International Group Inc. or simply AIG specializes in the insurance industry. It is engaged in a range of insurance related businesses in the United States and across the borders. It maintains and operates four main business segments: General Insurance, Domestic Life Insurance Retirement Services, and Foreign Life Insurance Retirement Services. AIG also offers financial services to its customers (one source, 2011). The company holds 11th position in the Forbes 1000 companiesRead MoreCredit Default Swap856 Words   |  3 Pages Credit default swap In 2008, the financial crisis hit, which resulted some large financial institution faced the threat of collapse as well as downturns in stock markets around the world. The credit default swap plays a significant role in the financial crisis, especially the failure of AIG. Credit default swap (CDS )is a financial instrument that is designed to trade credit risk that a reference entity has credit events, and it is a credit derivate that is tradedRead MoreCase Study Aig914 Words   |  4 PagesCoping with Financial and Ethical Risks at American International Group (AIG). Abstract American International Group, Inc. (AIG)   reported bogus transactions that hid losses and inflated its net worth. AIG inflated reserve funds that were to be used for paying claims by millions of dollars and that AIGs CEO Maurice Greenberg repeatedly directed AIG traders late in the day to buy AIG shares to prop up its price. However, aside from AIG’s corporate financial reporting errors or outright fraudRead MoreThe Globalization Of The World Economies Is A Direct Result Of Globalization1309 Words   |  6 PagesOver the past few decades, particularly during the 2000s, financial markets around the globe have become increasingly interconnected (Shmukler, 2004). This mounting integration of the world economies is a direct result of globalization. Particularly, the globalization of financial markets is characterized by substantial cross-national flows of capital and the development of a large foreign exchange market. Every day around the world, banks and stockbrokers transfe r vast amounts of money across countryRead MoreHow Bernanke Deals With The Financial Crisis And The Aftermath Decision1493 Words   |  6 PagesChairman but also a great and knowledgeable economist. President Obama described him as â€Å"epitome of clam†. However, his career has huge merit, also has artificial wrong, merit half-and half. The Wall Street Journal commented that after suffering a financial crisis which he has never been through, the Fed Chairman Ben Bernanke lead United States avoid involving into a devastating panic. After five years, he used uncustomary policy to help United States to achieve economic recovery; however, the result isRead MoreMarket Crisis And Its Effects On The Housing Market1460 Words   |  6 Pages According to Fligstein, the next step in market formation was crisis. In The Architecture of Markets he states, â€Å"market crisis is first observed when incumbent organizations begin to fail.† From 2007-2009, the housing market crashed as the value of homes in the US fell drastically. As a result, many homeowners began defaulting on their mortgages causing huge problems for those involved in the mortgage securitization market. On September 7th, 2008 when the Federal Housing Finance Agency (FHFA)Read MoreThe Financial And Political Systems Have Always Played1226 Words   |  5 PagesThe financial and political systems have always played a major role in stabilizing the society and ensuring a smooth transition between public policies and economic activities. Over the past decades, we’ve witnessed the global crisis of 2008, which costs â€Å"tens of millions of people their savings, their jobs, and their homes†. Interestingly, the root of the problem comes from the corruption of the financial industry and how the political figures respond to the crisis. This response paper correspondsRead MoreThe Financial Crisis Of Lehmann Brothers1379 Words   |  6 PagesThe 2008 financial crisis, also known as the U.S. Subprime Mortgage crisis, is considered by many economists to be the most perilous crisis faced by the modern day world economy since the 1930s Great Depression (Krugman, 2009). The collapse of Lehmann brothers, one of the world’s leading investment banks before declaring bankruptcy, in September 2008 almost took down the world’s financial system. Many factors such as U.S. Home ownership policies, consequential securitisation, irresponsible lendingRead MoreEssay on Summary for Too Big to Fail1217 Words   |  5 Pages This book focus on the collapse of the investment bank Lehman Brothers, Merrill Lynch was sold by Bank of American, Freddie Mac and Fannie Mae was nationalized, and the government took 80 percent of AIG that took place on the weekend of September, 15, 2012. Significantly, he examined the financial markets reactions to the bankruptcy of Lehman Brothers. It starts with the failure of Bear Stern, one of the biggest banks in American. Bear Stern found the bank having too many toxic assets and couldRead MoreInside Job Movie Review1111 Words   |  5 Pagesconsequences of the global financial crisis of 2008. This movie is basically related to recession that was caused by the inefficiency of the industry and the unfavourable banking practices. The director has conducted several interviews and has exposed some hidden realities. The movie clearly shows that this crisis was not accidental, and that there were many people, including regulators, politicians, businessmen, who were actively involved in this destruction. These people and large financial institutions knew

Wednesday, May 6, 2020

Essay on Confronting Inequality - 732 Words

Confronting Inequality In the article â€Å"Confronting Inequality† Paul Krugman compares the new millennia to the 1970’s and has many financial stats to back his theory of income inequality. He backs up his claims with facts and figures, but also gives his own solutions to these problems. Krugman states, â€Å" The ugliness of our politics is in large part a reflection of the inequality of our income distribution.† He states that in the 1960’s was that the governments was in place to sere the best interests of society and that many in modern society believe that government only serves â€Å"a few big interests†. His other argument is comparing or capital gains tax to that of other countries. Paul backs up his argument,...† very highly trained†¦show more content†¦What really is bothersome and infuriates me on a personal level is that jobs are exported abroad and yet you hear that the â€Å"the immigrants are wrecking the system.† Many people assume that illegal immigrants come to this country because they want to live the American dream. I have to agree with that, however, I have to disagree with what has been said in the past that many have lost their jobs due to those immigrants that are willing to do the job for minimum wage and most often willing to do it for less. They too pay taxes on those few dollars they earn for their hard work. I agree that we need to find a solution for income equality as well as social equality, something that more than likely never occur. No one’s race or culture is better than the next, we should all be â€Å"entitled to an equal chance.† Bottom line is, we all want to provide a better living as well as a better education for our children in an equal society. I feel the government should do more to reduce it, Economic inequality has not only created unequal opportunity in our country, but has left the lower and middle income families to struggle, damaging our society. Economic inequality, the extent of disparity between high income and low income households, is rising in the United States. The rich are getting richer and the poor are getting poorer. Some argue that economic inequality is beneficial as it motivates an individual to â€Å"innovate and specialize to create goodsShow MoreRelatedConfronting Inequality by Paul Krugman. Essay791 Words   |  4 Pagesarticle Con fronting Inequality Paul Krugman is asserting the fact of high socioeconomic inequality in the United States, while demonstrating its consequences and the variety of statistic evidences upon it. He is depicting modern American society where we have a huge gap between economic elite and lower-and middle-income classes. There is a time for a Great Moderation reforms that will bring a socioeconomic equality. I agree, that economical inequality brings the social inequality, whereRead MoreConfronting Inequality By Paul Krugman1110 Words   |  5 PagesIn â€Å"Confronting Inequality†,  author  Paul Krugman explains  how bad income inequality is for the American economy while suggesting what to do to fix this growing  problem. Krugman  covers topics such as  the cost of inequality,  how the middle class is over extending themselves,  education and health care  all while appealing to all three rhetorical  elements. Krugman’s article has an overall effective and persuasive argument because of the topics he covers and his appeal to the reader with pathos, logosRead MoreFeminist Counselling : A Feminist Perspective3457 Words   |  14 Pagesthe feminist perspective is the tendency for humans who wield more power to use that power to oppress and suppress those with less power. Feminists view psychopathy, as arising from social, cultural and masculine based- p ower inequalities. Recognition of these inequalities and the empowerment of women and minorities are the major focus of feminist therapy. Effective therapy is based on a strong, mutual, supportive and empowering relationship between therapist and client. When therapy is effectiveRead MoreArticle Analysis Savage Inequalities Written By Jonathan Kozal Essay1709 Words   |  7 Pagesnon-white. â€Å"Americans simultaneously believe that schools are places where social inequalities should be equalized, where the advantages or disadvantages that children experience in their homes and families should not determine what happens to them in school-in essence, that school is a place where children should have equal chances to make the most of their potential.† (Inequality) The 1991 article Savage Inequalities written by Jonathan Kozal highlights the fact that every person is entitled to theRead MoreWomen’s Income Inequality and The American Dream Essay1358 Words   |  6 Pag es Income inequality is a big ongoing problem in the United States. It has a big effect on what America was all about, the American dream. The American dream that everyone is equal and has equal opportunities. Although a big part of what goes on in the Untied States that just doesn’t fit the American dream; women are unequal in the work place. They are put under what is known as the â€Å"Glass Ceiling†. Women do not get promoted in the work place and aren’t getting equal pay as men. This also leadsRead MoreThe Upside Of Income Inequality By Gary Becker873 Words   |  4 PagesBecker’s and Kevin Murphy’s article, â€Å"The Upside of Income Inequality†, analyzes the positive effects of the income gap, and Paul Krugman’s New York Times column, â€Å"Confronting Inequality†, stresses the negative impact of the income gap; it is apparent by juxtaposing these two texts that income inequality can be effected by economic develo pment, education, and social equality. Gary Becker’s and Kevin Murphy’s â€Å"The Upside of Income Inequality† analyzes the correlation between overall economic developmentRead MoreTodays Social And Economic Inequality Is A Matter People1343 Words   |  6 Pageseconomic inequality is a matter people are faced with in their daily lives. Many Americans are currently unable to reach their full potential due to the lack of financial stability in the work force, and are incapable of providing stable income for their dependents. Krugman, like many Americans, believes that change is the only way to help close the ever-growing gap between upper class Americans and those who are middle class or below poverty level. In Krugman’s essay â€Å"Confronting Inequality† he addressesRead MoreGap of Inequality Between Social Classes in the United States749 Words   |  3 PagesIn the article â€Å"Confronting Inequality†, Paul Krugman argues that the gap of inequality between social classes i n the United States is growing because of self- interest. He cites a â€Å"movement conservative†, Irving Kristol, who claims income inequality is not important because there is social equality. Krugman uses Kristol’s statement as a starting position to state his own. Krugman describes the claim as being a â€Å"fantasy world† and not the â€Å"real America we live in† (Krugman 246). I agree with hisRead MoreSocial Class in America1217 Words   |  5 Pagesanything is possible though the opportunities are limited. Usually limited for those who belong to a lower social class. The main reason opportunities are limited are because of America’s social inequality. The social class of America is separated into multiple groups that struggle with each other due to the inequality of power and wealth on the daily basis. Social class has always been influential in America even though many people put forth that someone’s social class is insignificant when buildingRead MoreThe American Dream : Dead, Alive Or On Hold?872 Words   |  4 Pagesbe guaranteed life, liberty, and the pursuit of happiness. Today, it is true that people have liberties and are free to pursue happiness. However, in recent years, in the worst recession since the Great Depression. Unemployment, growing economy inequality, and medical care have skyrocketed. Despite the odds, the American Dream is still a goal that many people strive for and hope to reach. In fact, an essay written by Brandon King, The American Dream: Dead, Alive or on Hold? He says, â€Å"the American

Tuesday, May 5, 2020

Auditing Assignment free essay sample

Substantive testing involves directly obtaining audit evidence to detect material misstatements at the assertion level. It is different from tests of control as we do not rely on the internal controls to detect or prevent material misstatements. Substantive testing is divided into two parts which are analytical procedures and tests of detail. Analytical procedures involve comparing accounting information with previous years, budgets and the ratio analysis, whilst tests of details focus on testing the account balance and transactions. There are various procedures that the Auditor can carry out to obtain sufficient and appropriate audit evidence to assess whether the equipment have been fairly and truthfully valued under AASB 116 or impaired correctly under AASB 136. The main assertions at risk are the existence, rights and obligation and valuation/allocation assertions. One of the main procedures carried out would be the physical examination of the equipment themselves. This would confirm that equipment recorded on the balance sheet actually exists and identify any unrecorded or unutilized equipment that exists. Additionally, it allows the auditor to assess the condition of the equipment on its face. This includes assessing whether it is damaged or not and if the company actually impaired the equipment to reflect the recoverable amount if there actually was damage. Thus this would verify the existence, completeness and valuation/allocation assertions. Substantive analytical procedures are useful for examining equipment as well. The auditor can compare the balances of equipment with previous years and budgets to detect changes or trends for the auditor to focus on. Changes that can be detected include miscalculating the depreciation expense for the year if there was a large increase or decrease in depreciation, change of depreciation methods and purchase or sale of equipment. Recalculating the depreciation expense is a method of verifying that depreciation has been calculated correctly and is accurate as some depreciation methods are very complex. It can also inform the auditor the method of depreciation used for the year, whether it has been consistently applied over the previous years and if the deprecation method selected best reflects the pattern of benefits from the equipment under AASB 116 instead of reporting the most beneficial depreciation expense amount. Inquiring the operating management and personnel about equipment in detail is another viable procedure. The auditor can ask and confirm whether there have been any purchases or sales of quipment during the year, any revaluations that have occurred due to change in market value, the revaluation model utilized and even the storage location of the equipment themselves that would affect the account balances. Additionally, the Auditor can ask whether there has been a change in the depreciation method and the reason behind the change if there was. Hence, the assertions affected are existence, completeness and valuation/allocation. If the auditor does not have sufficient knowledge of the equipment, they could seek to use an expert to value the equipment and compare with the values in the balance sheet. Any large discrepancies would require the auditor to confirm by utilizing more experts to value the equipment. However, before using the expert’s opinion, under ASA 620, the auditor must assess the expert himself as to whether he is capable and competent to form an opinion, understand his work and evaluate whether their work is appropriate as audit evidence. Tracing from the source documents to the accounting records would prove to the auditor as to whether the transactions for equipment are complete, meaning that all transactions have been recorded. Though this procedure, the auditor can find if a particular piece of equipment had further additions, retirements, revaluations and the particular allocation method used during the time of recording the equipment directly from the relevant source documents. Additionally, if revaluation is using a management’s expert than they should disclose their name, qualification and independence. Vouching from the accounting records to the source document proves that whether the transaction of equipment actually exists and not just fabricated by the management to increase assets. The auditor can vouch to the source documents such as sales/purchases invoices, receiving reports and independent expert’s opinion. These source documents can be used to prove whether equipment purchased during the year actually exists, sale of old equipment actually occurred and whether revaluations of equipment were conducted with sufficient supporting evidence that the equipment’s market value changed. The auditor can test the initial cost of the equipment as to whether it includes any costs to bring the asset to condition and location ready for usage under AASB116 actually exists by vouching to individual source documents for each additional cost. Additionally, this verifies if depreciation is calculated accurately. To test whether the additional costs are actually recorded, the auditor would use the tracing procedure. There are general procedures the auditor can take which involve reading the minutes recorded during the meetings, making general inquiries and inspecting agreements. This can assist the auditor by identifying issues such as the expected life left of the equipment which would affect the depreciation calculation, existing equipment being redundant but not yet impaired, location of existing or new equipment not yet recorded that would affect the equipment account balance and whether the equipment is leased and the type of lease if it was. These procedures can be used to test all of the assertions related to the equipment account in the balance sheet. Substantive testing involves the auditor gathering sufficient and appropriate evidence to verify in this case, as to whether the equipment and related depreciation are correctly recorded in all material aspects under AASB 116 and impaired to their market value under AASB136. The three main assertions affected are whether the asset actually existed, if the entity has the right to the assets and if the entity has recorded the assets at their market value. The auditor can use various substantive procedures to test these assertions of management; the key procedures include physical examination, inquiries, and vouching or tracing to and from valid source documents to gather their audit evidence.