Cause-Effect Essay Topics - Learning The Major Causes For The Causes Of The Contents

Cause-Effect Essay Topics - Learning The Major Causes For The Causes Of The ContentsAre you a teacher? Then you may well be interested in what I have to say about cause-effect essay topics. So, let's get started with our discussion here.The first thing you need to do is to get in proper research, especially if you're planning to write a study essay. You'll want to spend some time reading and studying about the different causes of a certain situation.For example, one common cause for divorce is an inability of either spouse to maintain the marriage. You'll want to learn about this type of circumstance when it comes to your own situation.Once you've learned about the general situation, then you'll want to narrow down your specific topic by learning about the specific topic of that particular situation. With this, you'll find that your research actually becomes easier.The next thing you want to do is to remember to write in such a way that you're portraying what you know. It's important that you don't neglect to learn about the reason for the divorce or for the fact that your spouse left in the first place.If you really want to fully express the importance of learning more about your spouse's reasons for leaving, you'll want to make sure that you learn as much as you can about the actual cause of the divorce. For example, you may want to find out as much as you can about the real reason for their leaving the marriage.By finding these specific facts, you'll find that you will have a much better chance of persuading your students to show understanding. You'll also have a much better chance of showing that you're an effective teacher.

According to Mills, government should not be attempting to...

According to Mills, government should not be attempting to control individual freedoms, but should be helping individuals develop in society. A society is only as great as the people who are in it. How a person develops should be up to them, but a government should support that development. Ensuring a free flow of factual information and opportunities for open discussion are ways a government can help. Again, he uses history as his support. He says that the history of mankind is a history of intellectual and social progress. All of the advances of our history are based on mans desire to move away from ignorance. We are the only species that has the capacity to reason and develop our intellect for our own benefits. It is the development†¦show more content†¦A lot of Mills critics worried that his society based upon complete individual freedoms would lead to anarchy and chaos. If everyone could do as they pleased how would there be any order? There needed to be some kind of limitations placed on freedom of expression. Mills agreed. Probably one of his most famous quotes outlines what he sees as legitimate limits to freedom of expression. That principle is, that the sole end for which mankind are warranted, individually or collectively, in interfering with the liberty of action of any of their number, is self-protection. That the only purpose for which power can be rightfully exercised over any member of a civilized community, against his will is to prevent harm to others. His own good, either physical or moral, is not a sufficient warrant. He cannot rightfully be compelled to do or forbear because it will be better for him to do so, because it will make him happier, because, in the opinions of others, to do so would be wise, or even right. These are good reasons for remonstrating with him, or reasoning with him, or persuading him, or entreating him, but not for compelling him, or visiting him with any evil in case he do otherwise. (On Liberty, Chapter 1) This would become known as Mills Harm Principle, and though open to a lot of interpretation, it sets the outline of limitations to freedom of expression in keeping with his Utilitarian beliefs. Actions done for the greatest good forShow MoreRelatedAnalysis Of The Text On Liberty By John Stuart Mill1642 Words   |  7 Pagesspeech. According the text ‘On Liberty’ by John Stuart Mill, his position with respect to free speech is that even one person had a specific opinion, mankind is not given grounds to silence him. Mill’s argument regarding free speech is valid because he protects the liberty of the individual over the popular opinion of society. I agree with Mill’s point of view because I also believe that everyone should have the voice to express what they wish, excluding when it causes harm to others. Mill beginsRead More The Necessity of Autonomy (Free Will) in Society Essays787 Words   |  4 Pagesmodel, and set to do exactly the work prescribed for it, but a tree, which requires to grow and develop itself on all sides, according to the tendency of the inward forces which make it a living thing.† John Stuart Mill explicitly describes the necessity of autonomy or free will in society to insure the happiness of all. From this perspective one can recognize that autonomy should not only be unconditionally allowed, but also as an aspect of man that was developed along with the ability to reason. InRead MoreEuropean Political Transformation Essay1835 Words   |  8 PagesIn 21st century Europe, along with America, the idea of individual rights is something that is taken for granted. It is almost unimaginable to think of a time where the freedom of speech, right to vote, and ability to run for office were not automatically a given right for the majority of the population. For the most part, these changes came about during the mid-to late nineteenth century. Some philosophers, psychologists, and even scientists shared their opinions through their works during thisRead MoreFreedom of Speech3842 Words   |  16 PagesFreedom of speech Freedom of speech  is the freedom to speak freely without  censorship. The synonymous term  freedom of expression  is sometimes used to indicate not only freedom of verbal speech but any act of seeking, receiving and imparting information or ideas, regardless of the medium used. In practice, the right to freedom of speech is not absolute in any country and the right is commonly subject to limitations, such as on hate speech. The right to freedom of speech is recognized as a  humanRead MoreEssay on Censoring Internet Pornography2472 Words   |  10 Pagesconsidered to be objectionable.5 * Intellectual Freedom: According to the American Library Association, Intellectual Freedom is the right of every individual both to seek and receive information from all points of view without restriction. It provides for free access to all expressions of ideas through which any and all sides of a question, cause, or movement may be explored. Intellectual freedom encompasses the freedom to hold, receive, and disseminate ideas. It is a core valueRead MoreThe Debate Controversy Over Abortion Essay1812 Words   |  8 Pagesconnection between individual rights and government control. Several people believe abortion is a version of murder while others view it as a right. The purpose of this paper is to discuss the pro-life and pro-choice sides of abortion and the blurred line between individual rights and government control. The paper consists of background information on abortion, both sides of the controversy, and how it politically affects America. Several Americans argue that abortion is a right and should not be a religiousRead MoreThe Legality, Morality, and Social Responsibility of the Affordable Care Act and Florida Blue.5116 Words   |  21 PagesPresident Barack Obama to reform the healthcare system in the United States. The new healthcare reform act is historical because of its scope and size. Opponents to the healthcare act state it is an attempt to increase the size and power of the federal government and it is one of the largest tax increase in the history of the world,† despite it being almost equally in size to President Clinton 1993 tax increase (â€Å"‘Obamacare’ isn’t the largest†, 2012). There is an abundance of questions surrounding the newRead MoreConstitutional Law Australia - Interpretations Essay4007 Words   |  17 Pagesjudgement which sought to overrule the concepts outlined in the previous decision of D’Emden v Pedder. The development of a textualism approach in Engineers’ Case ¸ was necessary as it departe d from an originalist methodology which depended on a ‘vague, individual conception of the spirit of the compact’. Isaacs J went onto asseverate that this method of interpretation would â€Å"inevitably lead... to divergencies and inconsistencies more and more pronounced as the decisions accumulate†. By necessity a strictlyRead MoreHuman Rights Take Priority Over States’ Rights Essay3593 Words   |  15 Pagesthe most graphic footage seen since the Holocaust. People could not pull away from their television sets, unable to believe it was happening. â€Å"Never again,† they had pledged, and yet, here it was in 1994. As the Hutus enacted a massive genocide, attempting to eliminate the Tutsi minority from Rwanda, the world did nothing. The United Nations stalled while the United States refused to have another failure as in Somalia where three American peacekeeping soldiers were dragged through the streets. BelgiumRead MoreEssay on The Efforts to Regu late the Internet5321 Words   |  22 Pagesgovernmental systems. Also, technological tools for regulating the Internet contents shall be presented. The ethical discussion shall focus on the right to regulate the Internet content, in light of the implications this restriction may have on the individual and common good of the cyber community. Introduction The popularity of cyberspace is growing. As more people gain access to cyberspace, unpleasant elements are getting more media attention, and there is a growing population of supporters for

The Story of Apollo and Marsyas

My Writing As A Writer - 973 Words

Writing is a process that is difficult to start, yet impossible to end. To sit down with a notebook and formulate the first thought that is notable can take a minute, but often takes me hours. My mind is very focused yet the focus of my thoughts wonders. Thus, to say that I was born to be a writer might just be the farthest from the truth. Now there is one large contradiction in that statement. Once I begin the writing process I have a tendency to get caught up in it. While my writing process as well as my writing style tends to vary based on topic and circumstance, my methods remain the same. I know that a course with such heavy writing will bring upon its own set of challenges, I hope to keep realistic expectations while utilizing my strengths as a writer in order to reach my course goals. High school was filled with formulaic essays that left little room for creativity; therefore, I have become accustomed to writing different sections of a paper in a certain order and in a specifi c manner. I begin every paper with a thorough evaluation of the question(s) being asked. From unfortunate past experiences, I have learned that this is the most important step as it’s important to write papers about the true topic rather than writing the complete opposite of what has been asked. As I ponder the ideas of the paper, I brainstorm with the use of bullet points. I believe that this is the fastest way to jot down ideas that can be further elaborated upon. Having these bulletedShow MoreRelatedMy Writing As A Writer943 Words   |  4 PagesBeing a writer is not something that comes easy, it is something that must be worked at. You get better at it over time by practicing and improving your writing skills through the help of tools or other people. I persobnally wanted to better my own writing askills, so I began identifying my problems and finding resources to help better those fields in which I need help. My most major problems as a writer include my style or wirtin g, transitioning, and forming complete paragraphs. I found many helpfulRead MoreMy Writing As A Writer1436 Words   |  6 PagesI would have to say that I am closer to a writer than I use to be, but I’m also not where I would like to be. I was always told that I was a natural writer until I got to high school. Everyone either caught up to my level, surpassed it, or I plateaued. Trying to improve myself, I took honors and AP English literature. Unfortunately, I had only felt worse about my writing when I got to AP. My teacher, Mrs. Tomaselli, never gave anyone A’s so I did not feel too bad about myself, but gave no positiveRead MoreMy Writing As A Writer1700 Words   |  7 PagesWhat kind of writer am I? That’s a trick question for which there is not a satisfactory answer. My experience with writing has never been my favorite. In fact, English has always been my least favorite subject. Studying math and science is what I enjoy; these have come rather easy for m e. English, for some reason I will never understand, has always required extra effort for me actually to do well. Sure, there have been plenty of times that I have been required to write a few research papers, severalRead More Reflective Writing - My Development as a Writer Essay1528 Words   |  7 Pages A Nomad Writer America is a place full of immigrants with no single ethnicity or race. America can also be referred to as the ?Melting Pot? because it consists ingredients of multicultural backgrounds. There are cultures such as French American, Asian American, Italian American and African American. I am Mexican American. My culture has helped me to become the writer I am today. My bicultural background and constant moving back and forth fromRead MoreMy Life As A Writer. From Childhood I Did Not Love Writing1195 Words   |  5 Pages My Life as a Writer From childhood I did not love writing and did not put much effort into developing my writing skills. Although I used to hate writing, I did love reading from the moment I remember myself. I think the reason why I didn’t like writing is because I used to like just absorbing information rather than expressing my opinion about it on the paper. I believe that my mom was the one, who flourished in me love to books and reading. My mom is a doctor and she lovesRead MoreWhat Is A Citation And When Is It Necessary?863 Words   |  4 Pageselse’s. What is logos? How does understanding logos help a writer? Logos is known as persuading through appeals through logic or reason. Understanding logos may help as a writer in learning how to keep consistently and clarity in an argument as well as the logic of evidence and reasons. What is ethos? How does understanding ethos help a writer? Ethos is a speakers credibility as perceived by the audience. Ethos is important for a writer to understand due to the importance that a speaker has to theirRead MoreThe Maker s Eye By Donal Murray952 Words   |  4 PagesI agree with the author on how writing isn’t a one step process to becoming a strong writer. Murray mentions when writers write and pause to look at others’ point of views, they go back and change their own writing. It’s true when he says that most writers are harsh on themselves. Reflecting upon myself in high school, I believe that looking at other students’ point of views would help me get new ideas because I knew my writing wasn’t the best. For instance, what my tenth grade English teacher didRead MorePersonal Experience with Writing842 Words   |  4 Pagesalways considered writing to be a work in progress, and it constantly can be improved. I have always been devoted to writing. I loved to write stories as a child because I could use my creativity and create any type of character I desired. But I have struggled with writing as well. English has never been my forte. I have received A’s, B’s, C’s, and D’s on essays. I truly never found my voice in writing. In my high school, English teachers would give me mixed reviews on my writing. For example,Read MoreMy Strengths And Strengths Of My Weaknesses1162 Words   |  5 Pageshowever, the only way I made it out alive was to leave the writer I thought I was in the past. There are challenges along the way that tested my strengths and showed my weaknesses. Also, I was able to realize the type of writer I am and the writer that I am not. English 1101, teaches the elements of writing allowing studentto understand themselves as writers; with the hope that by the end of the semester the students will be stronger writers. I have reached the end of English 1101 and it has done everythingRead MoreIs Writing A Learned Skill Or An Inn ate Gift? Essay786 Words   |  4 PagesIs writing a learned skill or an innate gift? â€Å"The secret of becoming a writer is to write, write and keep on writing† (Ken MacLeod). Writing is a beautiful art and people think it is a gift that only some possess. I would say, writing is both a learned skill and a gift possessed. Indeed, writing is a combination of natural aptitude and hard work. Writers develop a natural aptitude for writing in a process with hard work but no one is born as natural writer. More importantly, writing is pivotal type

Two Views of War in Poetry Essay - 486 Words

Two Views of War in Poetry Nothing can impact society like war. War can be viewed as noble and just, or cruel and inhuman, as well as everything in between. War can make a man a hero, or it can make him a criminal. War affects everyone in society whether they are fighting in the trenches or waiting at home for a loved one to return. War has been the topic of countless pieces of literature, in the poem Dulce et Decorum Est, by Wilfred Owen and the poem To Lucasta, on Going to the Wars, by Richard Lovelace, both show two very different sides to war. Wilfred Owen, who fought in The First World War, tells a tale of the reality of war from the trenches. He cuts though the propaganda to show war for what it is to a young†¦show more content†¦Owen paints a grim picture of the war, and ends with a message to the reader. He warns us not to believe ?Dulce et decorum est Pro partria mori,?(27-28) Greek for ?It is sweet and fitting to die for one?s country.? Owen is trying to show us that war is not as noble as the propaganda tries to make use believe. The propaganda that Owen talks about seems to be the topic of Lovelace?s poem, ?To Lucasta, on Going to the Wars.? Lovelace seems to view war as a romantic endeavor, he personifies war as a lover, ?a new mistress now I chase.? He seems to be caught up in the romantic view of war. He sees the war as honorable, he longs for his sword, house, shield, and he seems to ache for that first kill. This poem seems to be written before the author went to war. Would his poem be different after he experienced war? These two authors show two very different views of war, one pointing out the horrors of the reality of war and one showing the romantic, noble view of the war. War takes on two very different views for the people who fight it and for the people who do not. It can?t be said which author is right and which is wrong. It could be said, though, that both authors? views represent their true feelings; war can mean very different things for different people. Works Cited Owen, Wilfred. ?Dulce et Decorum Est.? Literature and the Writing Process. Elizabeth McMahan, Susan X Day, and Robert Funk. 6th Ed. Upper Saddle River,Show MoreRelatedUniversity Of Oxford English Professor, Dr. Stuart Lee1318 Words   |  6 Pagesthat the First World War was one of the seminal moments of the twentieth century in which literate soldiers, plunged into inhuman conditions, reacted to their surroundings in poems. Lee’s statement identifies the role played by First World War poetry played in not only commemorating the Great War but also allowing scholars to gain an insight into the brutalities of the conflict through this literature available. This essay will agree with the statement that First World War poetry has become one ofRead MoreBritish World War I And Wilfred Owen s `` Anthem For Doomed Youth ``941 Words   |  4 PagesBritish World War I soldiers Wilfred Owen and Siegfried Sassoon both have a similar approach to World War I poetry, however, Owen is the m ore effective writer. Owen’s poetry is heavily influenced by Sassoon’s, but Sassoon’s poetry entails very gruesome imagery in great detail. In Owen’s poems, he describes the pleasures of life being deadened because of the war and denies the expectations of the war from society. Sassoon’s poems are far more depressing and visual with descriptive words but seem toRead MoreIntroduction to Eavan Boland755 Words   |  4 Pagesthroughout her work, in particular the role of women society. In her poetry she expresses a more accurate view on the contributions and achievements of women in Irish history.Bolands early poems were about domestic issues such as marriage and children. Boland also  showed an interest in the role of women in Irish literature and society. In  Child of our time  Boland introduces us to the theme of motherhood and dealing with the evil of war.  The features of the this poem are important to interpreting whatRead More Compare and Contrast Rupert Brookes The Solider with Wilfred Owens Dulce1470 Words   |  6 Pagesconcerned with the common theme of war, the two poems contrast two very different views of war. The Soldier gives a very positive view of war, whereas Owens portrayal is negative to the extreme. Rupert Brookes The Soldier is very patriotic as Brooke loves his country and is ready to die for it. This perhaps is not surprising as it was written in the first few months of war when the whole country was swept by a tide of patriotic fervour. Rather ironically for a war poem The Soldier is a peacefulRead MoreWilliam Wordsworth s I Wandered Lonely As A Cloud ``1197 Words   |  5 Pageslived a long and successful life which included his primary occupation as a poet. He did some things with poetry that have never been done before; such as introducing romanticism poetry. His famous poem I Wandered Lonely as a Cloud helped him become the poet laureate in 1843 which he held until his death (1850). When William Wordsworth starts to age and mature, he will then start to change his views and ways compared to when he was a hound adolescent young man. Wordsworth struggled early in his lifeRead MoreBruce Weigl ´s Poems on Vietnam War874 Words   |  4 Pagesthis day the Vietnam War is still considered to be one of the most devastating wars in history and has been a topic of resentment to the American culture thirty-three years after its end. For the American public it’s marked as being the point in history where distrust in our government was at an all-time high, mainly because most of the war’s carnage was witnessed on television for the first time. For all the bloodshed American and Vietnamese soldiers suffered through, the war has left a perpetualRead MoreAnalysis Of Ode On Melancholy By John Keats970 Words   |  4 Pages The art of writing comes in a vast amount of forms, from the idealistic ideas of Romantics to the realistic ideas of Modernists. In the art world there are two movements that demonstrate change, which are Romanticism and Modernism. The artists that demonstrate Romanticism include Washingto n Irving, William Wordsworth, John Keats, and Caspar Friedrich. The artists that demonstrate Modernism include Erich Remarque, E.E. Cummings, Claude Monet, and T.S. Eliot; some represent both movements such asRead MoreWar Poems954 Words   |  4 PagesWar is a time of violence, protest, death and pain for many people around the world. With this conflict, a lot of poetry is written because poetry is one of the most common ways for people to put across their feelings about situations. War is one of these situations for which many people have very strong feelings. A common theme in war poetry is the transformation that war brings about in a person. Many poems reveal boys going into war and becoming young men after the experience. Another dominantRead MoreOnce More About the Thin People by Sylvia Plath1039 Words   |  5 Pageswrite her poetry. She is Best-known for her two published collections: The Colossus and Other Poetrys and Ariel. She also wrote a semi-autobiographical novel, The Bell Jar in 1963 published shortly before her death. The Bell Jar was based on her own life and personal experiences. The Thin People is one of her best poetry which was written in 1957 and was also known as The Moon Was a Fat Woman Once. A lot of interpretations were made toward this poetry. Some people argue that this poetry takes onRead MoreThe Romantic Era Of The Age Of Enlightenment890 Words   |  4 PagesRomantic Era, wars were fought as countries were torn apart over the class systems and the unjust treatment that the people of lower classes suffered . A list of the wars fought in this period includes The Battle Of Waterloo, fought by the emperor Napoleon , which ended in 1815,the revolutions of the countries France, Italy, Austria, and Prague, and The American Civil War, fought from 1861 to 1865 (Romanticism Timeline ). Romantic poets like Walt Whitman, who experienced the American Civil War first hand

Research and Compare the Role of Aasb free essay sample

The Australian Accounting Standards Board is an Australian Government Agency and according to Deegan (2010), AASB is defined as the â€Å"body charged with developing conceptual framework for accounting practices, making and formulating accounting standards and participating in and contributing to the development of a single set of accounting standards for the world wide use†. Therefore AASB plays a very important role in the Australian Accounting Standards but however, since the Financial Reporting Council (FRC) has been imposed and also due to some legislative changes, the effectiveness of the AASB appears to have been neglected. AASB Background Accounting Standards in Australia were originally developed by the professional accounting bodies and were enforceable under their ethic codes. The professional bodies then joined the Australian Accounting Research Foundation (AARF) in 1966 and this eventually encompassed both the Accounting Standards Board (ACSB) and the Public Sector Accounting Standards Board (PSASB). These boards worked in accordance and prepared standards for both private sector and public sector organisations. Then, at the start of 1984, the Accounting Standards Review Board (ASRB) was established by the Ministerial council for Companies and Securities to review the standards and give them the force of company law where it was approved by ASRB. This system then operated under the companies Act 1981. The ASRB then merged with ACSB in 1988 with the latter working closely with the PSASB. The ARSB was then re established under the Australian Securities Commission Act 1989 and in 1991, it was renamed as the Australian Accounting Standards Board (AASB) and the AASB’s laws were then applied under Corporations law. Another major change was in 2000 was the merging of AASB with Public Sector Accounting Standards Board (PSASB). The new AASB was officially re-established under the Australians securities and investments Commission Act 1989. The regulatory changes included the setting up of the Financial Reporting Council (FRC) by the government of Australia to manage the activities of the Australian Accounting Standards Board (AASB) that is FRC acts as an intermediary council between government departments. In simple words it means AASB reports to the FRC. The new AASB standards now apply under the Corporations Act 2001and the AASB continues to operate under the Australian Securities and Investments Commission Act2001. The FRC gave another direction to the AASB in 2002 requiring the adoption of pronouncements required by IASB. As it is the main aim and objective of the report is to focus on the change that occurred to AASB in 2005. A dramatical change in 2005 for the AASB was when it was required to formulate new International Financial Reporting Standards (IFRS) under FRC and this was compulsory for all Australian reporting entities. The function of AASB in 2005 was seen as very important and showed a way of direction of the International Accounting standards board (IASB). This in turn made some formerly developed Australian Accounting standards outdated, while the main aim of that was to meant to bring Australian Accounting Standards into global markets. The Purpose, Objectives, Status of AASB and future prospects of AASB. The purpose, status and objective of Australian Accounting Standards Board before and after these changes will now be investigated. We will also examine the changes in the way they are perceived by other players in the accounting field. We will also discuss how these players view the Australian Accounting Standard Boards in terms of the current status and future prospects therefore concluding as to whether the Australian Accounting Standards Board is a significant player or a toothless tiger. According to Deegan 2010 (page 13) the functions of AASB are listed at section S. 227 of ASIC act and include: * Firstly, develop a conceptual framework, not having a force of an accounting standard, for the purpose of evaluating accounting standards and international standards; * Secondly, make accounting standards under S. 34 of the corporations act for the purpose of national scheme laws; * Thirdly, formulate accounting standards for other purposes and * Fourthly, participate in and contribute to the development of single set of accounting standards for worldwide use. Another main function or role during the setting up of IFRS was whether there was a need to keep an Australian Accounting Standards authority when Australia wa s to adopt the international standards approved by the International Accounting Standards Board (IASB). AASB will continue to have an important role in setting future standards in Australia as well as having an important impact on the development of IFRS’s as stated by Carol amp; Dixon (2003). Ultimately, IASB would be responsible for setting the conceptual framework and for the resulting standard developments in Australia. After the early struggle,† the AASB had largely accepted the change to its own powers in relation to standard setting. It was no longer a free standard setter. It had lost its power to set its own standards† (Godfreys ,J. amp; Chalmers K. 2007). AASB had very little ability to retain its own standard setting powers domestically and it was enforced to implement the IFRS’s to align Australia with the rest of the world. AASB had to pick up the missing pieces as the standards it did, did not have a control over those which were not covered under the IFRS. Also, AASB facilitates the provision of financial information about entities to enable inv estors, analysts, creditors and the entities themselves to make informed decisions about the allocation of resources. Accounting standards are essentially about disclosure and, in many respects, are at the heart of market efficiency. Clearly, while accounting standards assist preparers of financial statements by providing a framework within which to construct the statements, their prime importance is to assist users of the statements to make meaningful assessments about the financial position of an entity. Users of financial statements range from directors to investors, through to credit rating agencies. Effective financial reporting, which is essential to investor confidence, can only be achieved if it is underpinned by relevant and well designed accounting standards. As the detail of financial reporting requirements is increasingly being left by legislation to be filled in by accounting standards, the importance of accounting standards is becoming more important. Accounting standards facilitate both the efficient day-to-day operations of individual business entities and contribute to the efficient operation of capital markets. Australia has influenced international accounting standards well in excess of its comparative economic position. This has occurred because of the expertise in standard setting which has been developed in Australia and the high profile which the Australian accounting bodies have taken in international forums. Role of International Accounting Standards Australia, Canada, the US and UK are widely considered to have the pre-eminent national standard setting bodies in the world. Australian representatives meet with other members of this group and the IASC on a regular basis. The objective of the AASB, ICAA and ASCPA on the world scene has, more recently, been to pursue the development of an internationally accepted set of accounting standards which can ultimately be adopted by Australia. Australia is a founding member of the IASC and has been one of the most active and influential members of its committees since its beginning. Have the purpose and objectives and status changed as a result of 2005 changes? On January 1st 2005, a significant changed occurred to the structure of the Australian Accounting Board. Australian Accounting Standard Board (AASB) made Australian accounting standards equivalent to the International Accounting Standards Board (IASB) and Australia completed the phasing out of the Australian accounting standards. The International Accounting Standard Board (IASB) co-operates with AASB to achieve convergence in accounting standards around the world. Australian Accounting Standard Board (AASB) acted in making this decision with accordance with the Financial Reporting Council (FRC) strategic direction. One of the key functions of the Financial Reporting Council (FRC) is to provide broad oversight of the processes for setting accounting standards in Australia. Specifically, the FRC is responsible for determining the broad strategic direction for the setting of standards to be followed by the Australian Accounting Standards Board (AASB). When International Financial Reporting Standards (IASB) board was adopted, the reason behind this decision was because it would help attract capital to Australia which in return would lower our cost of capital. It would also lower costs of prepare, auditors and user of multinational entities , financial reports and further more it would fill up gaps in the Australian Generally Accepted Accounting Principles (GAAP) such as financial instruments. On the other hand, Profession accounting bodies and representatives from business and financial reporting communities made many objections to the post 2005 changes of adopting the international reporting standards. And it was also felt that by changing the Australian accounting standards would cause loss of the Australian reporting environment renowned quality and therefore it would ave an impact on the Australian capital markets and the economy in general. Also other costs of adopting International Financial Reporting Standards (IFRS) was the introduction of optional accounting treatments would equal to less comparability, loss of freedom to develop own for profit entity standards. The AASB’s approach as whole was to adopt the content and the wording of the International Accounting Standard Board (IASB). The AABS focus on all reporting entities but IASB only focus on the for–profit entities. For those non-profit entities, AASB has control over it has included different or additional requirements. The change of adopting IFRS has changed the focus of AASB form one internationally renowned professional based to a government control entity and has to perform by an authoritative direction of the accounting standards set by the international guidelines of the international accounting standard board. The Australian accounting standard board (AASB) has become a government standard setting instrument which obeys to the pressures of the international financial reporting standards boards and multinational reporting entities and has lost their independence and power of setting standards. Moreover the power of Financial Reporting Council (FRC) has, to appoint the member of AASB and the overseeing authority of Financial Reporting Council (FRC) has over AASB, clearly states the fact that AASB has lost their independences and power after the transition in January 2005. However, the Australian Securities and Investments Commission Act 2001 limit’s the FRC’s ability to become involved in the technical deliberations of the Australian Accounting Standard Board (AASB). On the other hand, even though AASB has lost its independences and power , it still will continues to maintain standards to particular relevance to the Australian environment which specifically deals with the non-profit-organizations which do not have a equivalent international accounting standard board standard. Carroll and Dixon 2003 address that AASB will continue to play an important role in building the future standards of Australia and on the impact of the development of the International Financial Reporting Standards (IFRS). This created a speculation among the business and accounting circles because after all International Accounting Standard Board (IASB) would be setting the conceptual framework and setting standard developments in Australia. â€Å"The AASB has largely accepted the change to its own power in relation to standard settings. It is no longer free standard setter. It has lost is power to set its own standards†. (Godfrey, J amp; Chalmers K. 2007, pg 104). Australian accounting standard board (AASB) has finally accepted that they have lost their independence and power since the changes in 2005 January. When considering the status of Australian Accounting Standard Board (AASB), we need to look at the responsibility of AASB, which is to develop and issue accounting standards which are applicable to Australian entities and the care and maintenances of the body of standards. This standard’s purpose is to make financial statements of an entity more comparable and more useful for wider rages of users such as investors, auditors, regulators when comparing different entities. Even though the power of setting standards is given to Financial Reporting Council (FRC) and International Accounting Standard Board (IASB), also Australian Accounting Standard Board (AASB) has a very important role to play. When answering the question whether Australian Accounting Standard Board (AASB) is a toothless tiger since the changes in structure after January 2005, looking as the facts and information from what we have explained above, we can see that AASB has lost their control and power to set standards to the IASB and has gone from an independent entity to a government controlled agency. Who has to follow the standards set by the International Accounting Standard Board (IASB) and the Financial Reporting Council (FRC). Future Prospects amp; Other Players Views of the Current Status of the AASB and the Future Prospects of the AASB – Achint amp; laksh The ultimate objective for the setting of accounting standards in Australia should be the production of high quality accounting standards that facilitate Australian business by leading to lower costs of capital and enabling Australian companies to compete on an equal footing overseas, while also maintaining investor confidence. In the immediate future, Australia should continue to harmonise its standards with International Accounting Standards Committee (IASC) standards so that compliance with Australian standards will automatically result in compliance with IASC Standards — this should not lead to a diminution in quality of Australian standards, but rather make Australian standards more internationally recognisable, so that Australia’s capital market is not out of step with major overseas capital markets . Australian Accounting Standards Board (AASB) finally approved the adoption of its own model of interpretation of International Financial Reporting Standards (IFRS) on 24th june 2006. Model analysis is steady with the recommendations of the Committee on the International Financial Reporting Interpretations Committee (IFRIC) and it also provides path on the adoption of IFRS for Australian organizations which helps in stipulating issues relating to the Australian accounting legislation. The Australian standards board assumes the full responsibility for the development of interpretations in agreement with the provisions of the model, which entails the closure of the Working Group on current issues in accounting (Urgent Issues Group, UIG). One of the major problems identified and detected by the analysts is the transfer of authority to develop interpretations of IFRS. Interpretation of international standards by your own in Australia as well as different countries of the world, undermines the essence of IFRS as a standardized system of international accounting standards. The main points about AASB that are necessary to mention are * The AASB created the Interpretations Agends Committee(IAC), Which includes the chairman of the Australian Accounting Standards Board and and two of its members, to develop proposals and issue recommendations for AASB. The Australian Securities and Investment Commission (ASIC) which is the main oversight body for compliance with corporate laws in Australia, assumed a supervisory role over the activities of IAC. All recommendations of IFRIC will be evaluated from the standpoint of the possibility of adopting them in Australia (Deloitte, 2006). The AASB’s development of accounting standards is to be agreed with the IFRIC. The emphasized point is that they will make their own versions of the International requirements of the IASB (International Accounting Standards Board, IASB), due to unique characteristics of Australian accounting legislation as an exception to the rule only. The prime focus of the proposed Australia n Accounting Standards Committee (AASC) is to influence the development of high quality and relevant IASC accounting standards with the objective that these willbe adopted internationally for domestic purposes, especially within the major economies where capital raising takes place. However, during this process the Council had to: * Discard altogether or greatly modify some of the treatments allowed under IFRS; * Provide users with additional standards for the application; * Require additional reports; Independently implement additional financial reporting standards, or additional sections of existing standards adopted by the armament system. The resulting outcome can be called unilateral convergence: all the companies that prepare their statements in accordance with A-IFRS, will automatically make it to IAS (i. e. , the original IFRS†), but the converse (i. e. , to prepare IFRS and hence also to A-IFRS â€Å") is false. This could mean that the conducting experiment has not brought such good results, which it at first expected. The implementation of international standards on a global scale is generally not carried out as smoothly as anticipated: many countries complain of difficulties, misunderstandings, and other misinterpretations. Australia is different in this matter from all other countries in regard that in addition to the existing difficult moments in the IAS it has added their own. The following main disadvantages that can be identified: * the existing arrangements for accounting standard setting are confusing, inefficient and not conducive to stakeholder participation; * there is duplication between the AASB and PSASB; Australian accounting standards are not understood in, and are out of step with, the major capital markets in the United States (US). United Kingdom (UK) and Europe, thereby resulting in higher costs of capital for Australian business. * the standard setting process is perceived to be dominated by the accounting profession and there is no real accountability to its users. * accounti ng standards do not reflect modern business practices, being too prescriptive and overly technical, thereby imposing excessive costs on business. the processes involved in standard setting have failed to attract broad input and the necessary level of financial support, with the result that accounting standards are not meeting the demands of constituents. Recognizing this problem, the Australian Accounting Standards Board is preparing a trial version of possible changes in regulation, which should bring together A-IFRS and IFRS. This includes the abolition of a number of additional reports, rethinking the possibilities of companies in the framework of existing standards, the elimination of some requirements. Similar steps have been taken in April 2006 – the results were immediate (Deegan, 2007). The ultimate objectives to be achieved from reforming the accounting standards framework in Australia are to inspire investor confidence in Australian enterprises, improve the regulatory environment within which Australian enterprises operate domestically, reduce any inhibitors to the expansion of our enterprises overseas and increase international investment in Australia. . The work is not completed yet, and is preparing to trial the new changes would be made public only in a certain amount of time.

Of seeming wise Essay Example For Students

Of seeming wise Essay It hath been an opinion, that the French are wiser than they seem, and the Spaniards seem wiser than they are. But howsoever it be between nations, certainly it is so between man and man. For as the Apostle saith of godliness, Having a show of godliness, but denying the power thereof; so certainly there are, in point of wisdom and sufficiently, that do nothing or little very solemnly: magno conatu nugas. It is a ridiculous thing, and fit for a satire to persons of judgment, to see what shifts these formalists have, and what prospectives to make superficies to seem body, that hath depth and bulk. Some are so close and reserved, as they will not show their wares, but by a dark light; and seem always to keep back somewhat; and when they know within themselves, they speak of that they do not well know, would nevertheless seem to others, to know of that which they may not well speak. Some help themselves with countenance and gesture, and are wise by signs; as Cicero saith of Piso, that when he answered him he fetched one of his brows up to his forehead, and bent the other down to his chin; Respondes, altero ad frontem sublato, altero ad mentum depresso supercilio, crudelitatem tibi non placere. Some think to bear it by speaking a great word, and being peremptory; and go on, and take by admittance, that which they cannot make good. Some, whatsoever is beyond their reach, will seem to despise, or make light of it, as impertinent or curious; and so would have their ignorance seem judgment. Some are never without a difference, and commonly by amusing men with a subtilty, blanch the matter; of whom A. Gellius saith, Hominem delirum, qui verborum minutiis rerum frangit pondera. Of which kind also, Plato, in his Protagoras, bringeth in Prodius in scorn, and maketh him make a speech, that consisteth of distinction from the beginning to the end. Generally, such men in all deliberations find ease to be of the negative side, and affect a credit to object and foretell difficulties; for when propositions are denied, there is an end of them; but if they be allowed, it requireth a new work; which false point of wisdom is the bane of business. To conclude, there is no decaying merchant, or inward beggar, hath so many tricks to uphold the credit of their wealth, as these empty persons have, to maintain the credit of their sufficiency. Seeming wise men may make shift to get opinion; but let no man choose them for employment; for certainly you were better take for business, a man somewhat absurd, than over-formal.