FASB Codification research paper Essay Example | Topics and Well Written Essays - 1000 words

FASB Codification research paper - Essay Example 03-14 â€Å"Participants’ Accounting for Emission Allowances under a â€Å"Cap and Trade† Program† (Fornaro and Winkelman et al, n.p.). According to the results of that discussion, U.S. accounting practices for emissions allowances can be found in the â€Å"Uniform System of Accounts†, published by the Federal Energy Regulatory Commission (FERC) in 1993 (Fornaro and Winkelman et al, n.p.; FASB, n.p.). According to FERC, emissions allowances should be classified as inventory assets, and be reported at historical cost; in case of purchased allowances, these should be â€Å"recordered at their exchange price while those received from the EPA at no charge have a zero basis† (Fornaro and Winkelman et al, n.p.). FERC requires to apply the weighted-average cost method and to perform calculations monthly based either on reasonable estimates or actual data (Fornaro and Winkelman et al, n.p.). At its November 19, 2010 meeting, FASB jointly with IASB provided two measurement models for measuring the purchased allowances (FASB 2010, 2). Tentative decision of the Boards was the following â€Å"purchased allowances should be initially and subsequently measured at fair value† (FASB 2010, 2). ... full recognition on sale to third party (absent a SFAS 71 requirement to defer gains as a regulatory liability); classification of cash flow statement inflows and outflows as operating; based on inventory exchange guidance in EITF 04-13 and SFAS 153, carryover basis is on vintage year swaps; lower of cost or market approach to impairment (Deloitte Touche Tohmatsu, 5). IFRS In December 2004, the International Financial Reporting Interpretations Committee (IFRIC) issued its final version of the project â€Å"Emission Rights† (Fornaro and Winkelman et al, n.p.). According to IAS 38, emissions allowances are accounted as intangible assets to which can be applied a revaluation method or the historical cost model (Fornaro and Winkelman et al, n.p.). Purchased allowances should be recordered at cost; the difference between the price paid and fair value of allowances is initially reported as deferred income/liability and in case of sale is systematically recognized as revenue over the compliance period (Fornaro and Winkelman et al, n.p.). However, in June 2005 IFRIC 3 was withdrawn as it â€Å"created unsatisfactory measurement and reporting mismatches†. In 2007, the results of the study carried out by the International Emissions Trading Association (IETA) and PricewaterhouseCoopers has shown that â€Å"58 % classified purchased allowances as intangible assets; the rest 42% classified them as inventory, current assets or other items on the balance sheet, or simply depreciated or amortized their allowances (Fornaro and Winkelman et al, n.p.). The FASB staff indicated that profits from sales of emissions allowances should not be deferred even if the sales results in anticipated short positions in the future. Considerations should be given under SFAS 71, Accounting for the Effects of

Faster, Pussycat Kill Kill (Russ Meyer, 1965) Essay

Faster, Pussycat Kill Kill (Russ Meyer, 1965) - Essay Example Tura Satana, the actress, who plays the main role in the film, has a violent and magnificent appearance. Her makeup is aggressive; she wears black costume and scares off men. What was the main intention of the director, when he showed a woman from a different perspective, than it used to be in the society? Female empowerment can be seen in the aggressive female characters. This is a kind of fantasy, where a female dominatrix leads the whole story. This is a strong female character, which is able to cause a physical damage to a man with her karate moves or with the help of her car, pressing Vegetable to the wall. In such a way, we can claim that the film director created an image of a pop powerful woman, showing her unnatural and weird, but really attracting for the audience. A strong female character has an enormous power influencing men around her. Her appearance is not the main toll for her, but her energy and emotions, which are directed on destruction. All these features enable the main female characters to be violent and aggressive creatures, who want to take power back from men and live on their own, for their own satisfaction. On the one hand, the character of a violent woman is a great social challenge. There is no tenderness or vanilla in these girls†¦They do not make any attempt to be calm housewives, but remain rough and speed up in their cars. In the episode of young man’s spine cracking, there is a great panic and emotional turmoil among the girls. There is a direct juxtaposition of men and women power, when Varla comes to the Old Man and his two sons live. There is an air of danger, but this air is filled with sexual restrain. Billie reveals her libido and wants to stay alone with a handsome young man. On the other hand, the main features of female feelings and emotions are prevented by a potential intention of exploting women. Therefore, there is rather ambiguous feeling after watching this film. I am sure that

Do Children Learn Better in Boys-only and Girls-only School Research Paper

Do Children Learn Better in Boys-only and Girls-only School - Research Paper Example According to the essay findings  various arguments have been leveled for and against the reasons for separating boys and girls from learning together and the basis for the arguments are based on opinions rather than facts. It is important to give the opinions for those who reason for separating boys and girls in different learning environments.   One reason, for encouraging separation of the girls and boys during the learning process, is based on the argument of negative morality. Advocates of this thought argue that through separation we are able to bring up a generation of upright and moral individuals.   It is debated that most of the societal evils like fornication begins at very early stage of growth.   By separating boys from girls by taking them to different schools, may to a greater extend lower the cases and encourage a morally upright society.As the discussion highlights  the advocates for the separation of boys and girls claim that at school environment the stude nts are mostly alone, and these situations provide an opportunity for developing morals particularly when boys are mixed with girls. Education should introduce students to different cultures and thought processes that they could not be exposed to otherwise. Achieving the goals of education according to the advocates is actively to develop structures that individually assist the students of various genders but avoid mixing the students during the learning process.

Intersubjectivity in The Light of Martin Heidegger and Martin Buber Essay

Intersubjectivity in The Light of Martin Heidegger and Martin Buber - Essay Example â€Å"the world is always the one that I share with Others. The world of Dasein is a with-world. And Being-in is Being-with Others.†7 So, â€Å"this Being-with Others defines the existence of Man. In Heidegger’s terms, now we know that for Dasein there is no Being without Being-in, and there is no Being-in without Being-with.†8 But what does Being-with mean? â€Å"Being-with must be of the essence of Dasein because without it any kind of relation to Others, even one of love, would not be possible, let alone essential itself.†9 This brings us to the fundamental question – What is Being? Herein is Heidegger’s foundation for intersubjectivity, i.e. the social self: Because Dasein’s Being is Being-with, its understanding of Being already implies the understanding of Others. This understanding, like any understanding, is not an acquaintance derived from knowledge about them, but a primordially existential kind of Being, which, more than any thing else, makes such knowledge and acquaintance possible. Knowing oneself is grounded in Being-with.10 Thus, Heideggerian intersubjectivity is rooted upon Dasein’s encounter of the others, that is to say, that it depends on the intersubjective encounters with other temporal beings. The world by which we share with other temporal beings requires a kind of open subjectivity in order for understanding to take place. But how do we experience intersubjectivity with others? How does Dasein encounter another Dasein? This is what Heidegger calls the principle of individuation: â€Å"the transcendence of the being of Dasein is a distinctive one since in it lies the possibility and the necessity of the most radical individuation.†11 So Dasein...In this essay, I will conduct a comparative analysis of two accounts of intersubjectivity. I will show that Heidegger’s account of intersubjectivity is foundational for Buber’s account to take place. To nullify the former, we thus nullify the latter. Hence, the differences in both accounts are but a matter of differing modes of interpretation, due to the complexity of the nature of intersubjectivity. It is easy to dismiss something which one makes no effort to understand. The literature of both Heidegger and Buber were obscure and abstract, yet full of meaning; most of which is left unspoken. Yet isn’t it the case that intersubjectivity is obscure and abstract? Doesn’t dialogue take place when its left unspoken? Herein is where the philosophies of both meet. For, it is in my contention that both philosophers need not differ drastically from each other’s account of intersubjectivity. It is in Heidegger’s account where Buber carries out his. The difference perhaps, if any, lies in its mode of interpretation, which is due to the complexity of the nature of intersubjectivity. Nevertheless, both accounts capture the essence of intersubjectivity, which proves to show how intersu bjective relations takes place. Intersubjectivity involves our awareness of others, the role they play in our lives, and the their significance in our quest for meaning and authenticity.

Marketing managemnet Essay Example | Topics and Well Written Essays - 1500 words

Marketing managemnet - Essay Example Many companies seek success in various factors. These factors include: excellent information systems, qualified workforce, and modern technology all contribute to business success. Nevertheless, successful companies, such as Coca Cola Company, McDonald’s foods, Starbucks, and other renowned companies have had a similarity: they have a strong customer orientation programs and have heavily invested in marketing on their products and services. Marketing Management In essence, marketing consists of strategies and tactics that are used to identify, create and maintain satisfying relationships with customers that results in value increase for the companies and the customers. Successful companies dedicate efforts to sensing, serving and satisfying the needs of customers in the unique target markets. Companies like Apple have attained brand equity through constant innovation an excellent customer service. Moreover, Apple products are built on advanced communication technology and addi tional feature like email and messages capabilities, which have increased the level of customer satisfaction. Basically, the Apple Company has been able to implement technology, and innovation in all the marketing mix elements (Boone and Kurtz, 2010). Marketers should always understand that business revolves around the creation and delivery of value to customers. The customer value is said to be the variation between the customers’ value gained from owning and using the products and the cost of obtaining the products. Of importance to note is that successful marketing managements entails identifying the right market for the products and services and designing the appropriate marketing communication messages, which are tailored to the particular market and target customers (Green and Keegan, 2012). Elements of Marketing Strategy The marketing strategy of any company is composed of various elements, which interrelate. The main element is the market selection and the product pla nning, which basically involves the product line and the product offering of the target market. A company can either choose a single market strategy or multi market strategy. In single marketing strategy, the company will concentrate its efforts in servicing the single unique market segment while avoiding competition with the dominant players. In a multi marketing strategy, the company will serves several distinct markets hence the importance of carefully selecting the target markets which are viable. In a total marketing strategy, the company will offer differentiated products to different market segments; hence it should utilize the marketing variables such as price, promotion, products, as well as, the distribution strategies in competing effectively in the entire market (Haberberg and Rieple, 2008). The company should ensure that thorough scrutiny should be able to decide and take up on the best marketing strategy that ought to be used. For instance, the Apple Company has been a ble to anticipate and bear the market risks including the effective promotion of the Apple products such as iPods and phones. According to Hartline and Ferrell 2010, a company may also choose an early entry where it brings into the market a new segment after the market leaders hence the company should ensure that it uses superior marketing strategies and sufficient resources to compete with the market leader. A company could also choose a laggard entry strategy where it enters in the market through imitation of

Organizational Change Essay Example | Topics and Well Written Essays - 250 words - 6

Organizational Change - Essay Example Failure to anchor the changes on corporate culture makes the change process to fail. Organizational culture is very critical to the success of the change process. As a result, when the management fails to incorporate the organization values and believes, they end up failing to implement changes. One of the major success pillars of change is the understanding and spelling out of the impact of the change process on the people (Burke, 2010). This enables the management to engage all the affected personnel. Effective leadership during the change process provides a base for the change process (Burke, 2010). This is because they are able to communicate effectively to the subordinates and act as role model to them. One of the companies that failed to implement change is Avon. The company failed because some leaders were not in support of the process. In addition, the employees were not involved in the change process. Lastly, there were no clear guidelines to implement the change

Marketing Budget Essay Example | Topics and Well Written Essays - 750 words

Marketing Budget - Essay Example The above spread sheet is the explanation of the actual workings, response rate, CPM, Prospects generated, and conversion rates. The spa is actually expected to have 842 conversions a month from these promotions and an average sales per head of $80 will result in sales of $67360 per month. Response rates have been taken at the following percentages News paper ads at 2%, Magazine -1 % and Bill Boards - .5%, in the Print media. As the spa is using the pull strategy to market its services, hence it currently will not employ a telesales team to actively push sales over the phone. Besides, the spa does not possess a large calling base. However, with an existing base of 250+ names and numbers it decides to send direct mail and a 5% conversion on this generates 12 prospects. Sales Force: The spa operates only with a minimum of 2 salesmen who make 7 calls a day, 5 days a week with 20 % prospects and a 35% conversion rate on the prospect. A senior member will accompany them to a corporate house once a week and the sales men will take the lead from there to generate further business. Events and Sponsors: This will generate an additional 50 % conversion rate considering the celebrities who would visit the spa as this lures people to be present in the spa during their visit to the spa. The CPM for Television is $6 per 1000 viewers and this would result in $60 for a 30 second commercial aired once. Airing this 4 times a day, 30 days a month costs $7200. The CPM on the internet for Face book and MySpace is $.5 for 1000 views a day ,$50 for 1,00,000 views 30 days a month is $1500. The conversions for all print and non print prospects have been kept a conservative 15%. The budget mentioned is both viable and comprehensive and even a 15% slip on the expected rate will leave the spa with a healthy Net Profit