Little Price Story :: essays research papers

It all happened one day while I was sitting in my back yard trying to come up with ideas for my English paper. I had to write about my family. A little boy, maybe 8 or 9, my age, walked through the back gate and just stood there looking a bit confused. I asked him who he was and what he was looking for, and he responded, â€Å"Are you looking for a friend also?†   Ã‚  Ã‚  Ã‚  Ã‚  I loved meeting new people so I said, â€Å"Sure, why not?† He asked me what I was doing and I explained my whole English paper project. He seemed pretty interested in what I had to say which surprised me because I thought this project was pretty boring. He then asked if he could help me and I said yes since I needed all the help I could get.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"What is your name?† I asked.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Name? Well the people on my planet just call me †Little Prince†. What is your umm name?†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"On your planet? What do you mean on your planet?†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"My planet, Sublime. What is your name?†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Jacob, but I am still confused.†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Don’t worry about it. I’ll explain some other time.†   Ã‚  Ã‚  Ã‚  Ã‚  So that was my first encounter with the Little Prince. I figured since he was going to be helping me write about my family, he should meet my family. I brought the Little Prince in to my house and up to my sister’s room where she was getting ready for her â€Å"big date† she had been babbling about ALL week.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Hannah, this is my new friend I just met today. He is going to help me with my family project.†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"I don’t have time to worry about you and your little friends. I only have three hours until my date!†   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Three hours?! It takes you that long to get ready?†, asked the Little Prince.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Well, yeah. I have to look really good for this guy!† Then the Little Prince looked at me and told me my sister was too caught up in self image, and that she worries too much about what others think about her. So now I have learned one new thing about my older sister. â€Å"Caught up in self image†¦Ã¢â‚¬  I thought I should jot that down on my yellow notepad that contains my notes for my paper (even though I did not have very many notes to begin with). I then heard my dad in the living room yelling at the television.

Ethical Practices of Citigroup

The purpose of this memorandum is to discuss the ethical, financial and legal issues presented by Citigroup Inc. (â€Å"Citigroup†) receiving $45 billion dollars in government rescue funds and then shortly after paying $13 million dollars in bonus compensation to employees for cancelled trips to resorts. We propose a number of solutions to the Department of Treasury in dealing with the dilemma. The Ethical Dilemma Both Primerica Financial Services Inc. (â€Å"Primerica†) and Smith Barney are part of Citi Holdings, a new unit of Citigroup. Citigroup paid 1,900 agents of its Primerica Financial Services Inc. unit $5,000 each for missing a three-day stay at a Bahamas resort. In addition, around 2,000 Smith Barney brokerage advisers got debit cards valued at $1,000, $2,000 and $3,000 for various canceled getaways. After being warned by President Barack Obama, â€Å"That companies receiving bailout money can’t go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers’ dime,† Citigroup decided to pay employees in lieu of canceled getaways. Stakeholders: Creditors (U.S. Government), Taxpayers, Shareholders, Employees, Consumers Citigroup’s dilemma encompasses a large number of stakeholders, including creditors, taxpayers, shareholders, employees, and Citigroup customers. Creditors (including the U.S. Government) are stakeholders because they provided the funds used by Citigroup to make these bonus payments. The government has sought to calm this debate by imposing unfavorable tax treatments against unduly paid bonuses, essentially reclaiming the bonuses paid. Taxpayers have argued that the funds should be used in a way to benefit all society, i.e. rebuilding the financial credit system, rather than a discrete segment of Citigroup employees. Taxpayers’ main contention is that it is unfair for Citigroup to pay reward bonuses to employees using government bailout money from tax payer dollars when Citigroup’s performance has been so poor. As owners, all Citigroup shareholders are inherent stakeholders. Citigroup shareholders make the argument that the funds can be used to improve the financial outlook of Citigroup, increase the profitability of the corporation allowing it to pay creditors, stabilize the financial and credit sectors, and lead to an economic recovery.

John Lennon

IntroductionOn a gloomy night in London, while Hitler's bombs rained down from the sky, John Lennon was born. An infant of war, Lennon would turn out to be a symbol of peace to the entire world. His father left him for the sea and his mother was taken from him in a car crash. However, he had music inside of him, and with this music he built a new family, a family which still endures and still cultivates the lives of many. He journeyed the earth, singing â€Å"come together† and â€Å"all you need is love.† He journeyed to India to study harmony in the land of Gandhi. He gave an anthem to the peace movement when he sang â€Å"All we are saying is give peace a chance† (Give Peace a Chance, 1969). But more importantly, he gave the world vision and dreams when he sang â€Å"Imagine† (1970).This discussion will highlight the points in Lennon’s career that transformed him into one of the most recognized figures of our Western culture. With his influences from Eastern cultures, he incorporated many aspects of this into his music and created a double ideology that can still be seen today. Various aspects of Lennon’s career will be analyzed in order to realize the type of person he was, and how he has influenced our culture at present. In the concluding section, a much deeper analysis will be conducted noting the importance of Lennon’s impact through his music, art and mind.The Career of a GeniusMainly well-known as one of the members of the Beatles as well as the co-composer of the Beatles song catalogue which included many of the most admired rock songs ever written, John Lennon is also distinguished for his solo career, with his continuing status as a celebrity persecuted by one of his own fans, shot dead outside his New York City home, and as a celebrity who used his fame to draw awareness to various peaceful causes (Coleman, 1992).Lennon was born in Liverpool, raised in a middle class home that lacked a father and al so a mother as well; Lennon was for the most part raised by his aunt Mimi, who warned him that while playing his guitar was fine, it was unlikely that he would learn a living from it (Coleman, 1992). He attended an art school where he produced a small group, the Quarrymen, which would later shape the foundation for the Beatles (Conord, 1994).Lennon was the original leader of the Beatles and their most controversial component. At the 1963 Royal Command Performance, he said to the audience, â€Å"On the next number, would those in the cheap seats clap their hands and the rest of you rattle your jewelry.† Upon being awarded the MBE, Lennon observed, â€Å"I can't believe it. I thought you had to drive tanks and win wars† (Conord, 1994). He provoked even more argument when on November 25, 1969, he returned his MBE â€Å"with love† to the Queen to object to Britain's involvement in Vietnam and his song â€Å"Cold Turkey† slid down the charts (Green, 1989).In 1 966, Lennon told Maureen Cleave in the London Evening Standard, â€Å"The Beatles are bigger than Jesus Christ,† provoking a religious repercussion in the United States (Coleman, 1992). A similar British reaction was created when Lennon appeared naked on the cover of his Two Virgins album. An exhibition of Lennon's erotic lithographs had to have eight prints removed under threat of possible prosecution under the Obscene Publications Act. However, they were later declared â€Å"unlikely to deprave or corrupt† by legal experts and handed back (Conord, 1994).In addition to music and art, Lennon also experimented with literature. Lennon wrote his first book, â€Å"In His Own Write†, which subsequently won a Foyle's Literary Prize. This was followed by â€Å"A Spaniard in the Works†. In addition to his film work with the Beatles (Help!, A Hard Day's Night, Let It Be), Lennon had a small role in Richard Lester's illogical black comedy â€Å"How I Won the Warâ €  (Davies, 1968). He was also the focus of the documentary film Imagine.Lennon also formed his first post-Beatles group, the Plastic Ono Band, which originally consisted of himself, Ono, Eric Clapton, Klaus Voorman, and Alan White, who threw together an under rehearsed show for a live concert in Toronto which was recorded as an album and film. Lennon's next Plastic Ono Band effort, Plastic Ono Band with Voorman on bass, Ringo Starr on drums, and occasional piano by Billy Preston and Phil Spector, is one of rock's all-time classic albums (Conord, 1994). Sparse and powerful, the album was an outgrowth of Lennon's involvement in primal scream therapy techniques as he tries to exorcise his personal pain and rejection tempered by feelings of love and hope (Henke, 2003).Paradoxically, following the break-up of the Beatles, even Ringo Starr initially had greater chart success than Lennon (Green, 1989). If Plastic Ono Band evoked Lennon's agony, his â€Å"Imagine† album celebrate d his delight, and proved to be another classic. This was the most melodic of Lennon's solo albums, a quality he would downplay subsequently as his peace expressions gave way to political statements as on his rasping â€Å"Some Time in New York City† album (Henke, 2003). Lennon decided to move to the United States, but Lennon's political activities brought him under examination by the FBI and he was ordered to leave the U.S. by the Immigration establishment (Coleman, 1992). Lennon was able to productively fight the deportation, and in January 1974, he asked the Queen for a Royal Pardon in connection with his drug conviction in order to be free to journey to and from the United States (Green, 1989).Nevertheless, Lennon's dedication as an artist has left a lasting feeling, from his commitment to political causes to his celebrated love for Yoko Ono in the face of public hostility and contempt (Seaman, 1991). His solo music has been frequently repackaged, his demo tapes and home recordings formed the basis of a long-running radio show, â€Å"The Lost Lennon Tapes,† a couple of these recordings formed the basis for the two Beatles reunion singles, â€Å"Real Love† and â€Å"Free As a Bird,† and many of these pieces were collected together for release in late 1998 as the Lennon Anthology album (Seaman, 1991). They offer a complete portrait of Lennon, from his pleasure to his misery, his irritation and his wit.Lennon came to the conclusion years ago that what most people around him were most attracted to, was Lennon himself, and few artists have put so much of themselves into their talent so that he and his love for Yoko became his celebrated subjects (Henke, 2003).The Influence of a SoulThe feelings that John Lennon spoke of grew more and more personal, striking a receptive chord in the fans that followed him; some commented that the experience was like group therapy (Aquila, 1985). Following Lennon's tune â€Å"all you need is love,â₠¬  a whole new generation loosened the bonds with their parents and turned to their peers as relatives. With colleague Beatle Paul McCartney, John wrote â€Å"I am the Walrus† (1967), which began with the association with LSD, â€Å"I am he as you are he,† and led to the sixties collective ideal â€Å"we are all together.† From Berlin to Paris, from New York to Sydney, John wandered with his three fellow Beatles, singing and living a meaning of honesty and peacefulness. Lennon and McCartney’s â€Å"Lucy in the Sky with Diamonds (1967)† about â€Å"flowers that grow so incredibly high† was said to present a pleasant image for a central chapter in the history of youth culture: flower power and psychedelia (Weiner, 1984).â€Å"And in the end,† he sang, â€Å"the love you take is equal to the love you make† (â€Å"The End†, 1969). The end for this man of peace came by a gun in the hand of a criminal. Nevertheless John Lenno n is greater in death even than he was in life. In life, John Lennon was a rock star. In death, he was to become a myth. The young people who were his original disciples are no longer young, but are still devoted to him. Now they are joined by their children and grandchildren: Lennon has become a voice that speaks to all generations. The man who was born in hostility and died in violence became a principal representation of peace.We can see the power of indifference and re-initiation in Lennon's music which is only granted to us at a sanctified time. Sometimes it is difficult to tell whether the reason a person becomes a hero or heroine is that they create a new distinctiveness for their generation or that they represent the collective ideals of their society. Perhaps we can say that a commendable figure is the one who listens to his own needs and those of his generation and has the gift to respond to these needs by his talent and flair. John Lennon is just the one who was gifted in converting his private pain and struggle into a public voice (Wiener, 1984), thus he gave his society a meaning to live by, and a dream to pursue.Legacy: A Cultural InfluenceTo an age group of baby boomers, John Lennon was at the head of their culture. His music and way of life changed the way a generation reflected, dressed and felt about drugs, sex and political opinions. Future generations revealed the Beatles and John Lennon in the years after his death (Green, 1989). Today, almost every musical artist regardless of type is familiar with and partial in some way by the music of John Lennon and the Beatles. Possibly the aspect of Lennon's music that makes it so long lasting and influential is its sincerity (Green, 1989). John was not afraid to confront his own demons, writing about the passing away of his mother, his painful removal from heroin, his irritation, his love and his wish for a better world. He was genuine, and the approaches raised by his music remain real today. Now, around 25 years after his death, the influence of John Lennon remains powerful. The world will never know what route Lennon may have taken had he lived further than December 8, 1980. Although in the 40 short years he was on this world, Lennon gave the world music that made it think and feel and changed the way millions of people look at the world. Very few people have had as strong of a legacy as he.ReferencesAquila, Richard. â€Å"Why We Cried: John Lennon and American Culture† in Popular Music & Society. Vol. X, No. 1, 1985.Carr, Roy, and Tony Tyler. The Beatles: An Illustrated Record. Revised and updated edition. New York, Harmony Books, 1981.Coleman, Ray â€Å"Lennon: The Definitive Biography.† Harper Perennial, New York, 1992.Conord, Bruce W.   John Lennon.   USA:   Main Line Book Co., 1994.Davies, Hunter. The Beatles. Harper Collins, 1968.Du Noyer, Paul â€Å"We All Shine on: The Stories Behind Every John Lennon Song: 1970-1980.† Harperperennial Library, 1997.Green, John â€Å"Dakota Days.† St Martins Mass Market Paper, 1989.Henke, James. Lennon Legend: An Illustrated Life of John Lennon: Chronicle, 2003.â€Å"Legend-John Lennon†Ã‚  Online.   http://www.johnlennon-legend.com 4/4/07.Norman, Philip.  SHOUT!.   New York:   Simon and Schuster, 1981Seaman, Frederic â€Å"The Last Days of John Lennon.† Birch Lane Pr, 1991.Wiener, Jon. Come Together: John Lennon in His Time. New York: Random House, 1984. John Lennon John Lennon: The Smart Beatle â€Å"You, you may say I'm a dreamer, but I'm not the only one I hope someday you'll join us and the world will be as one,† is the chorus of Imagine, one of the most famous John Lennon songs. John Winston Ono Lennon was a singer, songwriter, artist and a hero in the eyes of the many people that belonged to the world of the hippies during the 1960s through the 1980s. John Lennon was part of the music group the Beatles; who sang about everything from world peace to young love and even drugs. He also became a solo artist after the Beatles split up and created a sound of his own.He earned the love and admiration of his generation by creating a huge body of work that inspired and led people (John Lennon). However, he was not a god in any way; he had his flaws just like any other person. John Lennon suffered through a rough childhood, faced a challenging, yet exciting adulthood and would never get a chance to experience his manhood. As a child, John Len non was defiant, determined and extremely intelligent. John Lennon was born on October 09, 1940 during the Nazi bombing of Britain (â€Å"John Lennon Biography†). John was born to Alfred Lennon and Julia Stanley Lennon.They separated when he was a baby, but were never officially divorced. He did not see his father from the age of four, until after he became famous. After Alfred and Julia separated, Julia started a new relationship with John â€Å"Bobby† Dykins. When the social services discovered that young John was sharing a bed with Julia and her new partner, it was agreed that John would move in with Mimi Smith, Julia's sister (Coleman 88-89). John was raised in Woolton, Liverpool by his Aunt Mimi (63). At the age of four he was taught to read and write by his Uncle George, later came to have a passion for books (99).John attended Dovedale Primary School where he did well in all of his classes. John excelled in art but had a weakness in math.. At the age of eleven J ohn was accepted into Quarry Bank High School after passing an eleven-plus exam (104,106). While attending Quarry Bank High School, John became less responsible. John started failing to pay attention in class, would skip lessons, started to smoke and began to swear (107-108). John attended Liverpool College of Art and was kicked out by the age of nineteen for disorderliness. All these things would not be enough to prepare him for what he was to encounter as a growing adult.During his adulthood, John became more daring, less responsible and was found caught up in the rush of fame. At the age of sixteen, John became a fan of Elvis Presley, who at the time was just being discovered. Elvis became the inspiration behind the band that John formed called the â€Å"Quarry Men†, named after his school (â€Å"John Lennon biography†). Shortly after forming the band, John met Paul McCartney and a friendship based solely on music was formed. After playing their first gig, the band began to gain momentum and decided it was time for a new name (194).As the band started to throw around names such as Long John Silver, one of the band members came up with the name the Beetles. John would later change the name to the Beatles, to incorporate the word ‘beat’ which was a popular word used to define the unique bands that originated from Liverpool (195-196). After the Beatles were discovered by Brian Epstein in 1961 at the Cavern Club, they released their first single, Love Me Do in October 1962 and it peaked on the British charts at number 17. The Beatles became the first band to break out in the United States, creating the Beatlemania.After Beatlemania started to lose the magic that is possessed from the start, the band split up. After an extended break, the band returned to the studio to expand their experimental with drug-influenced exotic instrumentation/lyrics and tape abstractions. The first sample was the single Penny Lane/Strawberry Fields Forever, followed up by Sgt. Pepper's Lonely Hearts Club Band, still considered by many to be the greatest rock album ever (â€Å"John Lennon Biography†). John never did get to experience his manhood, but he did get to experience many other things like marriage, divorce and having kids.The first woman he married was his college friend Cynthia Powell. Cynthia became his wife during Beatlemania and had their son during that time too. On April 8, 1963 their son John Charles Julian Lennon was born (Coleman 261). John Lennon did no want to get married, but in order to protect Cynthia and the child he decided that marriage was the best option (264). Cynthia Powell said, â€Å"I don’t think that we’d have been married if I hadn’t become pregnant. He wasn’t the sort at the age of twenty- one to say: â€Å"Will you marry me? It was all so immediate that we hardy realized the seriousness of it all: making love, getting pregnant, getting married. † (qtd. in C oleman 263). After meeting Yoko Ono at one of her art showings in 1966, John and her started to have an affair. As they got more and more serious John finally had the courage to tell Cynthia what was going on (422). Though they tried to work through this hard time, John finally decided to end their marriage in 1968 (440). John and Yoko were married on March 20, 1969 (John Lennon). They had a son, Sean Lennon Ono, in 1975.John’s second marriage ended on December 8, 1980 when he was assassinated by an enraged fan outside of his hotel (John Lennon Biography). After the death of John Lennon his record sales soared and he continued to be admired by his generation (John Lennon). On December 14, 1980, a ten-minute silent vigil in John’s honour was observed around the world at 2:00 P. M. E. S. T. (Coleman 724). John left behind a legacy of music that has reached generation after generation. John Lennon suffered through a rough childhood, faced a challenging, yet exciting adult hood and would never get a chance to experience his manhood.As a child, John was raised by his Aunt Mimi after his parents were divorced, never saw his father until he became famous and was seventeen when he lost his mother after she was hit by a car. During his adulthood he formed a band, began a friendship with Paul McCartney and his renamed band, the Beatles were discovered by Brian Epstein. John never did get to experience his manhood, but he did get to experience many other things like marriage, divorce and having kids. He married, divorced and had a child with Cynthia Powell. Then he married and had a child with Yoko Ono and during their marriage he was assassinated by an enraged fan.John left behind a legacy of music that has reached generation after generation. â€Å"You, you may say I'm a dreamer, but I'm not the only one I hope someday you'll join us and the world will be as one,† is the chorus of Imagine, one of the most famous John Lennon songs. Works Cited Colema n, Ray. Lennon: the definitive biography. USA: HarperCollins Publishers, 1985. Print. â€Å"John Lennon Biography. † The Rock and Roll Hall of fame and museum. Web. 09. Aug. 2012 â€Å"John Lennon. † 2012. Biography. com 2012. Biography. com 10 Aug 2012

Family Example

Family Example Family – Coursework Example Family The map indicated that prior to the World War II, the number of households that included married-couple families in the United States added up to 75 percent. Families of married couple with children took up 43 percent while families of married couples without children took up 33 percent. The single parent families were 4 percent of all households while other types of family households represented 9 percent. 10 percent were non family households that were most families of persons living alone. Beginning of 1960, after the Word War II, a change was experienced whereby married couples families with children increased to 44 percent while the percentage of married couple families without children went down to 31 percent (Lerner et al. 67).After a period of twenty years, there was a significant change in household structure. There was a drop in the share of family households to 74 percent. The percentage share of nonfamily households went up to 26 percent while married couples witho ut children went down to 31 percent. The one-person household increased by 10 percent. The transformation of the household structure has continued. There has been a significant decrease in married couples with children while the percentage representation of cohabiting couples. The one-person households have also increased. These changes are assumed to have occurred within the key driving social processes that include divorce, marriage, and marital or no marital childbearing. With response to the changing economic conditions, social norms, and the US law governing marriage, people have experienced some challenges in capturing the new family forms (Lerner et al. 77).Work citedLerner, Richard M, Elizabeth E. Sparks, and Laurie D. MacCubbin. Family Diversity and Family Policy: Strengthening Families for Americas Children. Boston [u.a.: Kluwer Acad. Publ, 1999. Print.

Bill of Attainder Definition

Bill of Attainder Definition A bill of attainder – sometimes called an act or writ of attainder or an ex-post facto law – is an act of a government’s legislature that declares a person or group of persons guilty of a crime and prescribing their punishment without the benefit of a trial or judicial hearing. The practical effect of a bill of attainder is to deny accused person’s civil rights and liberties. Article I, Section 9, paragraph 3, of the U.S. Constitution prohibits the enactment of bills of attainder, stating, â€Å"No Bill of Attainder or ex-post facto Law will be passed.† Origin of Bills of Attainder Bills of attainder were originally part of English Common Law and were typically used by the monarchy to deny a person’s right to own property, the right to a title of nobility, or even right to life. Records from the English Parliament show that on January 29, 1542, Henry VIII secured bills of attainder that resulted in the executions of a number people holding titles of nobility. While the English Common Law right of habeas corpus guaranteed fair trials by a jury, a bill of attainder completely bypassed the judicial procedure. Despite their obviously unfair nature, bills of attainder were not banned throughout the United Kingdom until 1870. US Constitutional Ban of Bills of Attainder As a feature of English law at the time, bills of attainder were often enforced against residents of the thirteen American colonies. Indeed, outrage over the enforcement of bills attainder in the colonies was one of the motivations for the Declaration of Independence and the American Revolution. The dissatisfaction of Americans with British attainder laws resulted in their being prohibited in the U.S. Constitution ratified in 1789. As James Madison wrote on January 25, 1788, in the Federalist Papers Number 44, â€Å"Bills of attainder, ex-post facto laws, and laws impairing the obligations of contracts, are contrary to the first principles of the social compact, and to every principle of sound legislation. ... The sober people of America are weary of the fluctuating policy which has directed the public councils. They have seen with regret and indignation that sudden changes and legislative interferences, in cases affecting personal rights, become jobs in the hands of enterprising and influential speculators, and snares to the more-industrious and less-informed part of the community.† The Constitution’s ban of the use of bills of attainder by the federal government contained in Article I, Section 9 was considered so important by the Founding Fathers, that a provision banning state law bills of attainder was included in the first clause of ​Article I, Section 10. The Constitution’s bans of bills of attainder at both the federal and state level serve two purposes: They enforce the fundamental doctrine of separation of powers by forbidding the legislative branch from performing functions constitutionally delegated to the judicial or executive branch.  They embody the protections of due process of law expressed in the Fifth, Sixth, and Eighth Amendments. Along with the U.S. Constitution, the constitutions of ever state expressly forbid bills of attainder. For example, Article I, Section 12 of the constitution of the State of Wisconsin reads, â€Å"No bill of attainder, ex-post facto law, nor any law impairing the obligation of contracts, shall ever be passed, and no conviction shall work corruption of blood or forfeiture of estate.†

The Sources for Accounting Research Paper Example | Topics and Well Written Essays - 1250 words

The Sources for Accounting - Research Paper Example The accountants need to undertake the researchers for identifying the area where the change can make and suggest as per the requirement.   The reports produced by the financial regulatory bodies, used as authentic sources by the researchers. The financial regulatory bodies like International Accounting Standards Board (IASB), International Auditing and Accounting Standards Board (IAASB) used to prepare the regulations, which followed by the companies to prepare the financial statements and follow the process of auditing. They used to prepare the reports, which is suggestive for the development of the financial process. The accountants use the reports as a source to identify the current accounting practices. In the year 2008, IAASB has prepared a report for identifying the problems of auditing the fair value estimates. For the financial crisis of 2007-2010, one of the causes identified by the bodies was the wrong process of auditing by the auditors in the area of fair value accounti ng. IAASB has recommended that the auditors should understand the entity means the assets and the environment of the company to value the assets. The auditor has to find out about the internal control of the company, based on this an estimation can be made about the asset. The auditor should assess the risks associated with that material, also should analyze the expertise of the concerned person who made the estimate about the asset. The auditor should also take the representation of the management in consideration, should assess their plan using the asset (IAASB, pp.1-11). The accounting professionals prefer the report because it was prepared by a professional organization, which is also a regulatory body of the accounting practices. Sources from Company Websites When a researcher wants to analyze the financial condition of a company, then they can find it from various sources. They can find it on many blog sites, where the analysts analyze those statements from their personal view point. If the researchers use the sources then they may not find the reason behind their analysis, the frameworks used by the bloggers etc. In spite of all these, the researchers use the reports published by the company directly. Those reports published by the company management contents the notes related to the financial statements. The notes regarding the statements show all the reasons behind the entries in the financial statements. All the related information about the financial statements is included in the annual report. As an addendum, the researcher also gets the information about the ownership of the organization, the compensation of the executives, the size, and operations of the company etc, which is important when the person wants to analyze the company and take the decision about that. When a researcher wants to take a decision about whether to invest or not in Coca-Cola then he can find the information on many websites, or he can take the suggestion from the existing i nvestors. However, the investors’ suggestion may drive the decision of the investor in a wrong way.  Ã‚  

Health Care Reform Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Health Care Reform - Research Paper Example It was in this context that new health care reforms were introduced. These reforms have given America's people, lots of rights and benefits regarding their health options but also have brought in some inconveniences along with that. The need for reforms Ten years back, around 45 million Americans were still outside insurance coverage (Garson). Kronenfeld and Kronenfeld have observed that â€Å"health care reform, or modification of the US health care system so that affordable, high-quality health care services are available to every one, is a public policy issue that has received discussion in the United States off an on since World War II† (1). One major criticism that arose from the period of George Bush’s Presidentship was that, â€Å"once the events of September 11, 2011, and the war with Iraq in 2003 led to a greater focus on international concerns and terrorism, the prominence of health care issues became fairly low† (Kronenfeld and Kronenfeld, 1). It was i n this backdrop that public demand arose for a health care reform. The 'Acts' The health reforms comprise of two bills (The Economist). Patient Protection and Affordability Care Act became was introduced and adopted in March 2010 (Healthcare.gov). The second has been a â€Å"reconciliation† act which was added to the reform package to compensate some of the pitfalls in the initial act (The Economist). This reform has been termed as the â€Å"biggest reform of health care in the country for 40 years† (BBC). This reform has also been hailed as an act to end â€Å"some of the worst abuses of the insurance industry† (Healthcare.gov). The government sponsored web site, Healthcare.gov, has also described this act in terms of its benefits to the citizens in the following words: These reforms will give Americans new rights and benefits, including helping more children get health coverage, ending lifetime and most annual limits on care, and giving patients access to reco mmended preventive services without cost-sharing. These reforms will apply to all new health plans, and to many existing health plans as they are renewed. Many other new benefits of the law have already taken effect, including rebate checks for seniors in the Medicare donut hole and tax credits for small businesses. Advantages This new law has also extended â€Å"the life of the Medicare Trust fund at least 12 years† thereby benefiting the senior citizens (Healthcare.gov). This is supposed to be brought about by â€Å"reducing waste, fraud and abuse, and slowing cost growth in Medicare† (Healthcare.gov). The expectation is that, â€Å"this will provide [the beneficiaries][†¦] with future cost savings on [†¦] premiums and coinsurance† (Healthcare.gov). One ambitious declaration made by President Barek Obama has been that medicare fraud will be reduced by â€Å"50 percent by 2012† (Healthcare.gov). Another major feature of this act has been that i t, â€Å"starting in 2014, the Affordable Care Act offers additional protections for Medicare Advantage Plan members by taking strong steps that limit the amount these plans spend on administrative costs, insurance company profits, and things other than health care†