The Scarlet Letter By Nathaniel Hawthorne - 775 Words

The Scarlet Letter by Nathaniel Hawthorne, the main characters of this book are Reverend Author Dimmesdale, Pearl, Roger Chillingworth, Governor Bellingham, Mistress Hibbins, John Wilson, and Hester Prynne. The setting of this book is mid 17th century New England, Boston, Massachusetts, Bay Colony. The forefathers of Boston had built the first prison-house around Vicinity of Cornhill, the old jail showed weather stains which gave it a dark aspect. There was a rose bush as the prisoners arrived. A sluggish band servant or an undutiful child was given over to the civil authority. Old Mistress Hibbins was being accused and went to jail everyone feared as Mistress Prynne stepped into the jail. There was a woman holding a child, she†¦show more content†¦Hester did not speak to name the child’s father. She was led back to the prison. As she got back to the prison she was at a nervous excited state, a practitioner came in to the prison and talked to Hester. The practitioner gave the baby a drink that made her sleep. Hester did not name the fathers name. Hester was then released from prison. She believed she got a understanding knowledge that all have shame and all should have a letter on them. Hester called her child Pearl, she would be with Pearl always, the c hildren would try talking to Pearl, but Pearl would simply keep to her self and stay with her mother. Pearl would always notice the scarlet letter on the mother. Hester would ask Pearl who sent you and are you my child as she was in deep suffering, then Pearl would ask who brought me, the mother simply said your heavenly father. Hester went to governor Bellingham’s mansion to take a pair of embroidered gloves. Pearl and her mother were looked at as sinful and many would try to throw mud at them, as Pearl would defend herself. As they got to the governor’s house there was a bondservant who let them in and did not know of anything of the scarlet letter but saw Hester as a royal lady. The governor asked that Pearl be taken to learn the ways of Christianity. Wilson then talked to Pearl and asked her who made her, Pearl refused to answer and said she was not made but plucked from a rosebush next to a prison door. The governor looked surprised and told Hester that someone

Reverticalization of Outsourcing and Offshoring Term Paper

Essays on Reverticalization of Outsourcing and Offshoring Term Paper The paper "Reverticalization of Outsourcing and Offshoring" is a great example of a term paper on finance and accounting. Emergently, U.S. companies are shifting their focus from outsourcing and offshoring their operations and subsequently relocating them to the United States. According to Noreen, Brewer, and Garrison (2014), the reversal of the offshoring and outsourcing practice has gained prominence as the leading companies opt to re-strategize their operations by relocating foreign subsidiaries back into the country. This essay is aimed at discussing the advantages and disadvantages of outsourcing and offshoring versus the re-establishment of companies back into the United States.   Outsourcing/ OffshoringAdvantages Outsourcing and offshoring practices have been characterized by key advantages that have led to their widespread adoption. Outsourcing enables companies to transfer production tasks to specialized vendors with the expertise and resources in a particular field. The model, therefore, leads to high-quality products and saving on time. In addition, offshoring facilitates steady growth with limited overhead costs (Noreen et al. 2014). Through offshoring, firms are exposed to low-cost labor and readily available raw materials. On the other hand, outsourcing enhances risk-sharing as companies shift selected responsibilities to other vendors. In relation to corporate tax, foreign subsidiaries have provisions to defer paying corporate tax until the earnings are transferred back into the United States. Subsequently, the demerits of outsourcing and offshoring practices have been the focus of public debate in light of the recent economic recession.Reverticaliza tion of Outsourcing and Offshoring Offshoring majorly leads to the transfer of employment opportunities to the emergent market. This is in contrast to the emergent trend of re-verticalization that is rooting for the relocation of key companies into the US. Re-verticalization positively contributes to the creation of job opportunities in the country and revitalization of the economy through the 35 % corporate tax (R. Hira A. Hira, 2008). The relocation of firms in the US further underlines the effective management of confidential data by eliminating third parties as opposed to offshoring that majorly avails recruitment and payroll information to offshoring vendors. Re-verticalization further eludes risks associated with hidden costs resulting from international transactions and contracts that add up to the overhead costs. Consequently, re-verticalization of the key operations of companies also advances the company’s focus on customers. With offshoring, vendors engaged with nu merous organizations thereby failing to meet client-specific needs of an organization (R. Hira A. Hira, 2008). In contrast, re-verticalization concentrates on the core operations of an institution based on the corporate and business strategy of the company.

Philippine History and Culture Essay Example For Students

Philippine History and Culture Essay A suspension on artistic activity was prep Allen during the Japanese occupation. Ho ever, some visual artists still managed t o produce artworks based on the atrocities s brought by the wan Dominator Castanet, Demerit Diego, Disposed o Lorenz, Romeo Tableau, Gene Caber and o there. 941949 ; After the Japanese occupation, the art co immunity sprang back to life. Various the mess and styles were explored and pioneer red by Filipino artists who gained expire once abroad. ; Mural painting emerged, spearheaded by Carols Francisco, Art Association of the Ph lippies(PAP) was established in 1948. Asses ; The Philippines Art Gallery (RAG) founded with young modernists as the e leading figures_ Emergence of differ .NET schools of thought sass ; Most Of the artists in the asss contain nude to produce important works in t his period. Emergence Of different m events such as Peoples Art of Art for the Masses, Protest Art, Social Re alias, and the institutionalizing oft he National Artist Award(1972). Asses ; The period is characterized by a revive al of traditional art and ethnic art. Co Montgomery sculpture became an into garage part of buildings and parks. Asses ; New generation of painters, sculptors and printmakers expressing their per zonal feelings and expressions emerge De. Great art movement in Europe an d the Americas gained entry to the 10 cal scene such as installation art and experimental art. Galleries and muse mums were institutionalized spearhead inning activities in the cultural scene. 2000- Present ; Philippine art has come a long way, FRR mom the primitive ingenuity Of the Pile inns to the present avenue-garden art SST exploring all possible techniques and schools ranging from the tradition annalists, reprehensibilitys, abstracts monists, abstract expressionists, figure dive expressionists, non. Objectivism a ND other forms of -isms.

Accounting of Leases-Free-Samples for Students-Myassignmenthelp

Questions: 1.Discuss at least two advantages that were available for reporting entities in the previous Accounting Standard for leases AASB 117 Leases. 2.Determine for each scenario separately whether: There is an identifiable asset The customer controls the use of the identified asset throughout the period of use The contract contains a lease. Answers: 1.Previously under IAS17, the accounting of leases was done. Now the new IFRS 10 is used in place of that. When the companies were preparing their books of accounts as per the IAS17, the companies had a large number of benefits. The major two are- In case of IAS 17, the overall costs related to the leases are very less. When it comes to accounting in terms with the new AASB 10, the overall cost of interest is increased. In case of IFRS, the adoption and application of the same also leads to more cost on part of the company. Thus based on monetary benefits, the company is incurring loss.(Chariri, 2017). The second benefit is that in the previous IAS17, the companies have the right to segregate their leases under operating and financial leases. There were certain conditions which if the leases complied; they were segregated as financial leases. In case of financial leases, risk and ownership are changed at the end of the accounting period, to the lesse. Thus, lesse becomes the possessor of the asset. However in case of the new IFRS, the companies have no option to show these segregation of leases, as operating leases have been removed from the system. Now there are only financing leases. Therefore, even if the lesse does not want to get the asset at the conclusion of the accounting and the leasing period, the asset is transferred to it. In addition, the cost related to the leases are capitalised and cannot be shown as an expense in the general profit and loss statement(Malone, Tarca, Wee, 2016). Now that the reporting entities have to capitalise the overall leasing cost, the preference must be provided to buying the asset. However, it depends on a lot of situation. It may be possible that the company needs the asset only for some specific purposes in that case it would be futile for only one period, in that case leasing would be a preferable option. However, if the company requires the asset every now and then, than it can put focus on buying the new asset. It will be economically viable for the new company and help in reducing the overall cost of capitalising the leases. Also buying provides many tax benefits, which might not be present in case of leasing. Thus, we see that after a proper analysis the companies must take the decision whether they want to buy the new asset or they want to take it on lease. The changes in the process of accounting as per the new AASB, has also brought in many alterations in the perception of the company, with the abolition of the operating co st, and capitalisation of the overall costs(Maynard, 2017). 2.In the given case, two scenarios are given. The new AASB 17, has presented the new definition of the leases and the same has been applied to judge whether there identifiable assets or not. Leases are type of agreement between the lessor and the lesse where they transfers the right to make use of an asset in return of certain monetary consideration and the same is accounted for in the books of account of both the parties(Smith, 2017). In the first scenario, there is an identifiable asset i.e., the right to use the three specified and physically identifiable dark fibres. In this case, the customer definitely controls the use of the asset, which is identified over the lease period of 15 years; the lessor is just responsible for the maintenance and repair of the same over this period in case the fibres are damaged(Abbott Kantor, 2017). Yes, scenario one consists of the lease and the lessee has the right over the asset. In this case, all the three points that are mentioned are affirmat ive(Minnis Sutherland, 2017). In the second scenario, the asset is not specifically particular, as though there is a right to use the particular amount of capacity for 15 years, but it is not specifically identified and this can change every now and then(Drew Grant, 2017). In addition, in this case the customer does not have the ultimate control over the asset, as supplier is the one who makes the final decision on the transmission of the data. Since this scenario does not qualify the definition of the lease, it does not constitute a lease(Chariri, 2017). Thus, not all the three points are affirmative in the same.(Guragai, Hunt, Neri, Taylor, 2017) References Abbott, M., Kantor, A. (2017). Fair Value Measurement and Mandated Accounting Changes: The Case of the Victorian Rail Track Corporation. Australian accounting Review . Birt, J., Muthusamy, K., Bir, P. (2017). "XBRL and the qualitative characteristics of useful financial information". Accounting Research Journal , 30 (1), 107-126. Bond, D., Govendir, B., Wells, P. (2016). An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136. Accounting and Finance , 56 (1), 259-288. Chariri, A. (2017). FINANCIAL REPORTING PRACTICE AS A RITUAL: UNDERSTANDING ACCOUNTING WITHIN INSTITUTIONAL FRAMEWORK. Journal of Economics, Business and Accountancy , 14 (1). Drew, J., Grant, B. (2017). Introduction to Australian Local Government Economics and Finance. Australia: Local Government in Australia. Guragai, B., Hunt, N., Neri, M., Taylor, E. (2017). Accounting Information Systems and Ethics Research: Review, Synthesis, and the Future. Journal of Information Systems: Summer 2017 , 31 (2), 65-81. Malone, L., Tarca, A., Wee, M. (2016). IFRS non-GAAP earnings disclosures and fair value measurement. Accounting and Finance/ , 56 (1), 59-97. Maynard, J. (2017). Financial accounting reporting and analysis (second ed.). United Kingdom: Oxford University Press. Minnis, M., Sutherland, A. (2017). Financial Statements as Monitoring Mechanism: Evidence from small Commercial loans. Journal Of Accounting Research , 55 (1), 197-233. Smith, M. (2017). Research Methods in Accounting (FOURTH ed.). London: SAGE PUBLICATIONS.