Journal on Financial Ratio Analysis - 1157 Words

Session 15: Limitation of Ratio Analysis Learning Objective Explain to the participants on the limitation of ratio analysis. Important Termss Creative accounting. Accounting Policies. Limitations of Ratios Accounting Information Different Accounting Policies The choices of accounting policies may distort inter company comparisons. Example IAS 16 allows valuation of assets to be based on either revalued amount or at depreciated historical cost. The business may opt not to revalue its asset because by doing so the depreciation charge is going to be high and will result in lower profit. Creative accounting The businesses apply creative accounting in trying to show the better financial performance or position which can†¦show more content†¦It is likely to be done in a sensitive period, perhaps when the business s profits are low. Changes in Accounting standard Accounting standards offers standard ways of recognising, measuring and presenting financial transactions. Any change in standards will affect the reporting of an enterprise and its comparison of results over a number of years. Impact of seasons on trading As stated above, the financial statements are based on year end results which may not be true reflection of results year round. Businesses which are affected by seasons can choose the best time to produce financial statements so as to show better results. For example, a tobacco growing company will be able to show good results if accounts are produced in the selling season. This time the business will have good inventory levels, receivables and bank balances will be at its highest. While as in planting seasons the company will have a lot of liabilities through the purchase of farm inputs, low cash balances and even nil receivables. Inter-firm comparison Different financial and business risk profile No two companies are the same, even when they are competitors in the same industry or market. Using ratios to compare one company with another could provide misleading information. Businesses may be within the same industry but having different financial and business risk. One company may be able to obtain bank loans at reduced rates and may show high gearingShow MoreRelatedAccounting Information and Predicting Financial Performance1049 Words   |  5 PagesAccounting Information and Predicting Financial Performance: Accounting information can be useful in order to help predict future performance in the short and long term. It is important to note however that accounting information including accounting ratios show a company’s performance at a period in time. It is historical data. Trends can be identified by comparing data in sequential periods and future forecasts can be determined using historical data. There is no evidence or proof however, thatRead MoreFinancial Ratios Analysis and Comparison Paper1478 Words   |  6 PagesFinancial Ratios Analysis and Comparison Paper Dianne Davis MHA 612 Professor Johnson June 7, 2014 Abstract It is important for healthcare organizations to understand their present performance and weak areas in order to generate more effective operational strategies. Financial ratio analysis is an effective tool to determine hospital’s performance on several indicators such as ability to pay debt, capability to generate revenue, and sales performance etc. The objectiveRead MoreBasel III1155 Words   |  5 Pageswill receive a Case Note on which to base their case analysis in response to the questions below. You will find it useful, if you do not have exposure to the case method, to review â€Å"How to Write a Case-Based Essay† [by William Ellet - provided]. Assignment questions 1. Discuss the relationship between the capital base of banks and the 2007-2010 global financial crisis. Using your own research, cite at least two examples of real world financial institutions. 2. Why is there a perceived need of counter-cyclicalRead MoreComparative Analysis and Ratio Analysis of Financial Statements627 Words   |  3 Pagesï » ¿Comparative and Ratio Analysis Introduction At the end of the financial or business year of all companies, the company management prepares and publishes their financial statements and makes them available for their shareholders and other stakeholders. This is done so that the shareholders and all other stakeholders are aware of the financial condition of the company and how it is operating in terms of financial and operational success. All these people require being aware of all this informationRead MoreRatio Analysis Evaluating Past Performances and Predicting Future1498 Words   |  6 Pagesâ€Å"In spite of its limitations ratio analysis is widely used as a means of evaluating the past performance and predicting the future successes or failures of business organisations.† Ratio analysis isn t just picking different numbers from the balance sheet, income statement, and cash flow statement and comparing them. Ratios compare facts against previous years, the industry, other companies, or even the economy in general. Ratios look at the relationships between values and relate them to findRead MoreRatio and Financial Ratio Analyisis1712 Words   |  7 PagesRatio and Financial Statements Analysis Kimberly Y. Gruber University of Maryland University College Dr. Sunando Sengupta 07/25/2013 Turnitin Score: 23% Executive Summary The purpose of this paper is to examine ratio and financial statement analysis. Such analysis is a useful tool for managers and stakeholders to evaluate a company’s financial health in order to identify opportunities for growth and areas of weakness so as to institute corrective measures.   Financial statements are usedRead MoreOverview of Financial Management1586 Words   |  6 Pagesshares. Financial Ratio Analysis and DuPont Identity: Financial ratio analysis is one of the most famous techniques for conducting financial analysis for companies, especially small firms (Peavler, n.d.). The significance of this technique is attributed to its provision of information regarding the company and industry to business owners. However, unless the financial ratio analysis is carried out with comparisons, its useless. One of the major goals of using financial ratio analysis is to determineRead MoreStrategic Management Tools1707 Words   |  7 Pagesconsideration of five strategic management process tools: SWOT Analysis, Financial Ratio Analysis, Benchmarking, Core Competencies and Value Chain Analysis; and how these contribute to strategic management and strategic thinking in an organisation. A SWOT analysis is generally used in decisions about the direction a company is taking. It is a tool also used regularly to develop a strategic plan for an organisation. The major focus of SWOT analysis is to ‘recognise opportunities and avoid threats, whileRead MoreKey Factors That Promote M A In Health Care Service.1285 Words   |  6 Pagesand maintain long term viability in the bevy of hospital chains, they are forced to merge. Moreover, these small health enterprises are acquired in order to improve operational efficiency,lower cost and improve patient care. According to American Journal of Health Economics the â€Å"the impact of the Affordable Care Act pharmaceutical regulation and much more’’ contribute to mergers. Besides, the Affordable Care Act mandated collaboration since the weaker firms cannot meet the quality health care standardRead MoreAcct 1501 Pratice Exam Questions1392 Words   |  6 PagesMarks) Financial Reporting Principles, Accounting S tandards and Auditing, Sustainability Reporting Provide short answers to the following: 1. What are generally accepted accounting principles? (2 Marks) 2. If you have a good idea and expect to make a lot of money from the idea is that a sufficient reason to recognise an asset? Explain why or why not. (2 Marks) 1 ACCT1501 Practice Exam Questions 2014S1 3. How can financial information be relevant to the users of financial reports

Internet Addiction And The Internet - 1409 Words

Nowadays, the Internet has become a necessity in human life, and has become a sophisticated tool for job, social, and political success. Bill Gates says, â€Å"The Internet is becoming the town square for the global village of tomorrow.† People from different generations use the Internet easily wherever they go, and whenever they want. People use the Internet for many purposes such as checking emails, doing their jobs, or getting help for school-homework. Also, they use it for many kinds of entertainment such as listening to music, playing online games, chatting with others, and using social networking. Because the Internet has become so important, people spend hours using it, and some may get addicted to it as that might lead them to a phenomenon called â€Å"Internet addiction.† David Brain (2005) in his article â€Å"Addiction to The Internet and Online Gaming† defines Internet addiction disorder (IAD) is the overuse of the Internet or excessive Internet use. The problem of Internet addiction is gradually increasing in American society, especially for teens aged 12 to 17. Troubled teenagers aged 12 to 17 are more vulnerable to addiction than other generations. Teens get attracted to technology because of online games, the ability to find acceptance in social websites, unlimited access to the most kind of entertainment, and the ability to own technology as it is not expensive. Kimberly Young (1999) in the article â€Å"Internet addiction: symptoms, evaluation, and treatments,† says that aShow MoreRelatedInternet Addiction And The Internet924 Words   |  4 Pagesor two, Internet is a channel that promotes an access to information and communication. It is one of the most powerful tools throughout the world today. Now-a-days, an access to the internet has become easier than ever, whether we are using a computer, phone or tablets. There is no doubt that people are spending more and more time online. Because many people use the internet for their career and education, it is hard to differentiate between the normal usage and excessive usage of inter net. We allRead MoreInternet Addiction And The Internet1797 Words   |  8 PagesAddiction to the internet has become a more serious issue in recent years.The worldwide web is substantially more available to individuals now than it was in previous years. The web gives individuals amusement, a vast amount of data, and an escape from ordinary life. However, despite the fact that there are many advantages to the internet, it clearly has its disadvantages.This essay will argue that the internet might cause an addiction. The Internet is a socially uniting gadget that additionallyRead MoreInternet Addiction1666 Words   |  7 PagesInternet Addiction is a problem more common in society as Internet usage is increasing. The prevalence of Internet use worldwide is increasing. Along with the benefits the Internet brings, problems of excessive Internet use is becoming apparent. As a result, along with drug and alcoholic addictions nowadays, there is one more – Internet addiction, last but not least. The opinions on the methods for the solution vary, because the problem was not studied enough. One of the solutions is to attend supportRead MoreInternet Addiction1662 Words   |  7 PagesInternet Addiction Introduction While some media news and reports seem to be truthful in their effort to inform and educate the public regarding internet addiction, it is not surprising to see bad science and misinterpretation presented in others on the same issue. The media coverage of internet addiction is damaging and blowing the issue out of context. The widespread internet concern is reinforced and underpinned by media reporting about internet addiction and young people, characteristicallyRead MoreInternet Addiction3219 Words   |  13 PagesTable Of Contents * The Introduction * WHAT IS INTERNET ADDICTION? * WHY DO PEOPLE ADDICT TO THE INTERNET? * WHO CAN BECOME ADDICTED TO THE INTERNET? * VIOLENCE IN ONLINE GAME * WHAT ARE INTERNET ADDICTION WARNING SIGNS? * THE PROBLEMS ASSOCIATED WITH INTERNET ADDICTION * WHAT ARE THE SOLUTIONS? * TIPS FOR PARENTS AND CARERS * Conclusion * References The Introduction The Internet is the largest source of information in the world today. WithRead MoreInternet Addiction3226 Words   |  13 PagesTable Of Contents * The Introduction * WHAT IS INTERNET ADDICTION? * WHY DO PEOPLE ADDICT TO THE INTERNET? * WHO CAN BECOME ADDICTED TO THE INTERNET? * VIOLENCE IN ONLINE GAME * WHAT ARE INTERNET ADDICTION WARNING SIGNS? * THE PROBLEMS ASSOCIATED WITH INTERNET ADDICTION * WHAT ARE THE SOLUTIONS? * TIPS FOR PARENTS AND CARERS * Conclusion * References The Introduction The Internet is the largest source of information in the world today. With its web sites, chatRead MoreInternet Addiction And Its Effects On The Internet970 Words   |  4 PagesInternet addiction can have numerous factors. It can be awarding and the same time harmful. We live in a world that we can gain access to countless terabytes of information right at our fingertips. Many of the popular social media platforms like Facebook, Twitter, and Reddit contribute to the whole internet addiction. Should the innovators of these platforms are who to blame for the ever growing addiction to the internet? Let’s look at this with the social media perspective using Kantianism and ActRead MoreAddiction and Addictions Internet Addictions1321 Words   |  6 Pagesdamaging today s society. Addictions are a fast growing concern, it has branched off and caused many problems whether it be related to drugs, alcohol, gambling, sex, Internet, or eating. Addictions are something society faces eve ryday. Although there are many reasons behind why addiction are growing, and where they stemmed from, today s society has focused primarily on how someone with an addictions problem can seek help. Also the many Gaps and Barriers around addictions are enabling people who wishRead MoreIs Internet Addiction Disorder? Essay1483 Words   |  6 Pages Internet addiction disorder, more commonly called problematic Internet use, refers to excessive computer use which interferes with daily life. Internet overuse, problematic computer use, or pathological computer use, problematic Internet use, or Internet addiction disorder. In the most recent version of the DSM-5, Internet Gaming Disorder is the latest term to describe this problem. History IAD was originally proposed as a disorder in a satirical hoax by Ivan Goldberg, M.D., in 1995, althoughRead MoreWhat is Internet Addiction?1202 Words   |  5 Pagesimportant products of technology is the internet. The World Wide Web (www) is part of almost everyone’s everyday life. In addition to the uses of computers, we can use our hand held devices to access the internet as well. The ability to have unlimited access to the internet from anywhere at any time has become the cause of a serious addiction that affects about one in every eight Americans; this addiction is referred to as Internet Addiction. Internet addiction is a compulsive behavioral disorder which

UN Peacekeeping and Peace Mission

Questions: 1. Regional Organisation NATO. 2. Second Generation to Third Generation Mission? Answers: Introduction Peacekeeping is a progressive work, it is an adaptive and modernize process. It is a continuous process and changes are being made at the time of crisis as per the requirement of the situation. Peace agreements provide security. The parties involve agree on the agreements. But there are Spoilers of the peace to break the conditions of security, by the means of violence (Diehl, 2013). 1. Regional Organisation NATO The framework of NATO is based on regional security and peace. The focus is to understand that how various organizations such as NATO implement the provision of chapter VIII of UN Charter. The emergence of NATO increases the hope of peace and security. It highlights the relationship between regional organizations with the UN Security Council. It also deals with issues in regards to relationship between peace and justice. NATO is not a regional organization in the language of UN Charter of chapter VIII. This is very clear by its treaty. But it behaves as regional organization. NATOs new strategy was supportive to the organization. It was functioning beyond its traditional confines. According to UN charter, SC is the only authority that is able to use the force legally in international relations. It did not affect the rights of self-defense. It was not affected even if some armed attack takes place. SC takes measures to maintain peace. As the result NATO was created. Its purpose was defensive. NATO was transmitted as a global security agency with its reach and influence worldwide (Swain, Amer and OÃÅ'ˆjendal, 2008). 2. Second Generation to Third Generation Mission Peace operation is a progressive activity. It is traced through five generation. The factors that lead to change in generation are the change in mission, requirement of military force, the UN attitude towards conflict and the conflict resolution format. The three main reasons dividing the generation are the force used in the operation, the connection of civilians and the failure of pervious security programs. The second generation was developed to achieve many social and political objectives. In this generation peace seekers were civilian experts and peace specialists. Here soldiers were given authority to employ force rather than self-defense (Berdal, 2009). The UN general assembly and SC were dead locked, after that they found some loops holes in the practice of second generation. For the first time international community took the responsibility of the functioning of the internal political structure. This led to the emergence of third generation. The main objective of third generation was human security, human rights, to protect basic human needs, economic equality and political participation. It also tried to find out the main causes of conflicts. It focused on peace building activities (Thorne, 2013). Conclusion The peacekeepers should focus on improving nations peace operations. The suggestion is to recognize their present state. Peace operation that is not able to fulfill the security vacuums present in many peace keeping environments should be changed. A better peace building activity is required for the provision of security that focus on establishing the necessary bedrock upon which post-conflict states can be rebuilt (UNOSOM, 1995) References Berdal, M. (2009).Building peace after war. Abingdon [England]: Routledge. Diehl, P. (2013).Peace Operations. Hoboken: Wiley. Swain, A., Amer, R. and OÃÅ'ˆjendal, J. (2008).Globalization and challenges to building peace. London: Anthem Press. Thorne, A. (2013).Keeping the peace. [S.l.]: Crimson Romance. UNOSOM, (1995).The Comprehensive Report on Lessons Learned from United Nations Operation in Somalia (UNOSOM). 1st ed. [ebook] Available at: https://www.peacekeepingbestpractices.unlb.org/PBPS/Library/UNOSOM.pdf [Accessed 9 Apr. 2015].

Clays Quilt free essay sample

Brett Johnson Clay’s Quilt Chapter 23-25 Summary Analysis Chapter 23: Summary: The start of chapter 23 began with Alma talking to her sister, Evangeline, about how Clay has been acting since he shot and murdered Denzel. Alma describes Clay’s personality being completely dull ever since the incident, â€Å"all he does is come straight home from work and sits down in that chair and stays there the rest of the evening. † p. 253. Evangeline tries convincing Alma to talk Clay into leaving the area for a while to get Clay’s mind off the subject of Denzel’s death. Evangeline expresses that â€Å"time and distance is the only thing that can heal a wound. † P. 253. Finally Alma strikes up enough confidence to approach Clay and talk to him about leaving the area for a while just to clear his conscious. After Alma talks to Clay, he finally realizes that leaving the town for a couple days would be a good decision and agrees to leave with Alma. We will write a custom essay sample on Clays Quilt or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Analysis: I think that this chapter plays a significant role in the book even though it is one of the shortest of the chapters. Throughout the chapter it is shown how much of an impact that the burden of Denzel’s murder plays on Clay. Alma, the person that Clay loves and cares for the most cannot even put a smile on Clay’s face with anything that she tries to do. Even Easter could not liven up Clay at all. Leaving Free Creek was a great idea that Evangeline gave to Alma, them leaving would hopefully get Clay’s mind off the subject of the murder and hopefully bring some life back into his personality. Even though Clay get extremely home sick when away from Free Creek for a little, Alma knows that this would be the best for both of them to leave and not worry about anything for a couple days. Chapter 24: Summary: This chapter opens up with Alma riding with Clay to the beach for a little break away from Free Creek like Alma suggested they do. Alma sees three crosses, one solid white and two others yellow, planted into a hillside of a mountain that grabbed her attention. These crosses served as a landmark of leaving Free Creek. In the second half of this chapter Clay is reminiscing about the memories he pieced together of his mothers murder. â€Å"Little flashes came to his eyes: the car fishtailing over icy roads, his mother’s gloved hands folded over his, the woman’s face turning into that of an old woman, sparks flying out of the end of a pistol, blood on the snow† p. 260 expresses the flashbacks he is having about his mothers murder when he was 4 years old. Analysis: This was also an important chapter in this novel. This chapter shows how Clay is still feeling about murdering Denzel. He is driving to the beach to escape from Free Creek, and to also escape the anxiety coming from the murder, but all along the way to the beach Clay seems to be completely blinded by everything along the ride, still haunted by the fact that he killed a man. The sentence â€Å"All that he could think about was the movie that played out in his mind the day he shot Denzel† p. 259 expresses that nothing could grab his attention, not even Alma, on the long ride to the beach. Anything he passed, anything Alma had said to him just did not trigger in his brain. The second half of the chapter brings back his memories of the day his mother was murdered and this is putting a bigger stress on himself because he feels he has done just as wrong Glenn did. He simply cannot forgive himself for the sin that he had done. Clay says on p. 255 â€Å" That’s the one thing I never wanted to do, kill somebody. The one thing I though I’d never have to do. † This let’s me to believe that he is in utter shock that he actually took somebodies life away just as his mothers was taken. If his mother was not killed by murder I don’t believe that him killing Denzel would have taken such a beating on him as it is doing now. Chapter 25: Summary: This chapter starts off with Clay and Alma arriving at the beach late at night. They both stood on the beach gazing out and admiring its true beauty. Neither of them had ever seen a beach in real life before so they were both amazed beyond belief. They noticed the differences between Free Creek and the beach that they were standing on, the way the water was moving, and the way the wind came about them.