Thursday, August 27, 2020

Natural Disasters in India with Special Reference Essay Example

Cataclysmic events in India with Special Reference Paper Avalanches are regular in the Lower Himalayas. Portions of the Western Ghats additionally experience the ill effects of low-force avalanches. Floods are the most well-known cataclysmic event in India. The substantial southwest rainstorm downpours cause the Paramount and different streams to expand their banks, regularly flooding encompassing zones. Despite the fact that they furnish rice payday ranchers with a to a great extent reliable wellspring of regular water system and preparation, the floods can kill thousands and dislodge millions. Overabundance, sporadic, or troublesome storm precipitation may likewise wash away or in any case ruin crops. Practically all of India is flood-inclined, and outrageous precipitation occasions, for example, streak floods and heavy rains, have gotten progressively normal in focal India over the past generally decades, concurring with rising temperatures. Mean yearly precipitation aggregates have stayed consistent because of the declining recurrence of climate frameworks that produce moderate measures of downpour. A catastrophic event may be brought about by seismic tremors, flooding, volcanic emission, avalanche, tropical storms and so on. So as to be named a fiasco it will have significant ecological impact and additionally human misfortune and much of the time brings about money related misfortune. This survey explains the cataclysmic events of Tamil Nadia and its conceivable reason just as the preventive/relief measures. Catchphrases: Natural starters, dry spells, streak floods, twisters, torrential slides, avalanches, storms. Presentation At the worldwide level, there has been extensive worry over catastrophic events. Numerous cataclysmic events in India have made devastation the life and property of residents and nature all in all every now and then. We will compose a custom exposition test on Natural Disasters in India with Special Reference explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on Natural Disasters in India with Special Reference explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on Natural Disasters in India with Special Reference explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Along these lines, joined Nations General Assembly, in 1989, pronounced the decade 1990-2000 as the International Decade for Natural Disaster Reduction with the target to decrease loss of lives and property and confine financial harm through purposeful universal activity for suitable administration tragedies, particularly in the creating nations. These catastrophes incorporate violent winds, floods, seismic tremors, volcanic ejections, starvations, dry season, avalanches and so forth. Among all the ones referenced floods and seismic tremors are the most widely recognized in India. India is no special case as it has been customarily helpless against catastrophic events by virtue of its exceptional well climatic conditions. Floods, dry spells, violent winds, seismic tremors and avalanches have been intermittent wonders in India because of enormous populace development, and relocation into urban territories (De et al. , 2005). Tamil Nadia has seen ruin brought about by yeses and tempest flood in the beach front districts, seismic tremors, rainstorm floods, avalanches, and as of late the Tsunami. Increment in urban populace combined with the development of man-made structures frequently ineffectively assembled and kept up subject urban areas to more noteworthy degrees of hazard to life and property in case Of quakes and other common dangers. India is a territory of 3,287,263 square kilometers and a coastline of 7516 km, with the last official statistics in 2001 indicating a populace 1. 028 billion individuals (NIB, 2009). Tamil Nadia covers a territory of 130, 0582 SMS and has a coastline f around 1,076 SMS which is about 15% of the coastline of India (Bavarian et al. , 2011). Over 40% of the fisher populace lives inside 1 km of coast and half of them live inside 2 km of the coast. The land setting of Tamil Nadia makes the state powerless against catastrophic events, for example, violent winds (Mascaras and Kumara 2007) floods and seismic tremor initiated wave. About 8% of the state is influenced by five to six violent winds each year, of which a few are extreme. Cyclonic exercises on the east coast are more extreme than on the west coast, and happen for the most part be;en April-May and October-November (Supply and Aircraftman, 2009). Floods are high stream that floods the common banks of the waterways and the greater part of the occasions become disastrous. India is the most flood influenced country after Bangladesh. Out of complete passings by Floods on the planet, (1/5) are from India. The fundamental driver of floods are over the top rains in waterway catchments, poor characteristic seepage, Change of stream course, Landslide confining stream, twister and extreme precipitation (Fig. 1). Over that previous hardly any years the ascent in populace is constraining enormous settlements along the waterway banks, making the nation Thou Education and Research Trust (YEAR) Stephen, 201 2 J. Miscreant. Indus. Rest. Volvo. 1(2) July 2012 60 arrangements and measures for different counteractions and calamity the executives exercises are appropriately actualized. From the flood danger guide of India (Fig. 1), it is seen that no region in Tamil Nadia falls in the hazard zone. Be that as it may, inside a nearby body territory, especially concerning a territories closeness to a significant waste framework like streams, waterways, and furthermore water bodies like lakes, and further regarding shape levels/low-lying zones, flood inclined zone mapping must be finished. Tamil Nadia is additionally exposed to yearly flooding including streak floods, torrent floods, rainstorm surges of single and numerous occasions, cyclonic floods, and those because of dam blasts or disappointment. Consistently, on normal a huge number of individuals are influenced, two or three hundred lives are lost, thousands are rendered destitute and a few hectares of yields are harmed. Consistently, Flooding in India influences Tamil Nadia and the other Indian conditions of Assam, Briar, West Bengal, Gujarat, Arioso, Utterance, and Maharajahs (Supply and Aircraftman, 2009). Floods are the most successive and regularly the most pulverizing. The reason for flood is mostly the causalities of precipitation in North east storm period in the state. Out of the all out yearly precipitation in the state, 90% is thought over short rainstorm period of a quarter of a year. Therefore, overwhelming releases from the waterways during this period causing far reaching floods in the delta districts. Floods happen predominantly in the beach front regions bowl that conveys 100% of the state all out stream streams (Poniard, 2006). Typhoons Cyclone alludes to a spin in the air with exceptionally solid breezes circling around it in against clockwise course in the Northern Hemisphere and clockwise in the Southern Hemisphere. Violent winds re exceptional low weight regions with pressure expanding outwards. Violent winds can be dangerous as Cyclones are typically connected with solid breezes. A tempest flood is an irregular ascent of ocean level close to the coast brought about by a Fig. 1. F-plunder danger guide of India. Profoundly helpless against Floods. The most helpless conditions of India are Attar Pradesh, Briar, Assam, West Bengal, Gujarat, Arioso, Andorra Pradesh, Madhya Pradesh, Maharajahs, Punjab and Jam and Kashmir. In 1994, a significant flood slaughtered 147 individuals in Kraal, 138 in Gujarat and marooned 10000 in Madhya Pradesh. In 1995, the conditions of Attar Pradesh, Harlan and Raunchy Pradesh were seriously hit by flood causing enormous losses. In the year 1996, a wild flood actually deadened India, Thousands of individuals kicked the bucket, got destitute, were marooned in the conditions of Restaurants, Andorra Pradesh, Jam and Kashmir additionally influencing numerous different pieces Of the nation. To put it plainly, almost consistently either some portion of the nation is seriously hit by Hoods and making a dishonorable history for India. The opportunity has already come and gone that the @Youth Education and Research Trust (YEAR) J. Lowlife. Indus. Rest. Volvo. 1(2) July 2012 61 period (Fig. 2). The coast line begins from Publican along the east coast and reaches out up to Ruminatively in Sanitarium District and comprises of Estuaries of natural significance, Major and Minor ports, Fishing harbors, Monuments of universal legacy, Tourist areas, Pilgrimage focuses, and so on. Tremors Earthquakes are amazing appearances of unexpected arrivals of strain vitality aggregated inside the outside layer and spread as seismic waves. The need to comprehend and contemplate the marvel of seismic tremor is for a straightforward explanation, that it is the most shocking characteristic disaster for humankind. The Himalayan Frontal circular segment in India is among the most seismically dynamic districts of the world. Indeed, even the Peninsular Stretch is amazingly defenseless to Earthquakes. The Run of Ketch Earthquake of 1918 is one of the biggest interplant occasions on the planet. The first Seismological observatory in Quite a while was set up in the year 1 898 in the city of Calcutta. Throughout the years the division has been exponentially extended by the Meteorological Department of India. Tamil Nadia isn't as seismically dynamic as states in the northern and western pieces of the nation, little to direct quakes have happened in the province of Tamil Nadia. The recurrence of quakes is low I. E. The hole between moderate estimated occasions is genuinely long. Seismic movement in the ongoing past has happened in bunches (Disgusts et al. , 2000) along the outskirts with Andorra Pradesh, Karakas and Kraal. Ever tropical violent wind; subsequently, ocean water immerses low lying regions of seaside areas suffocating people and lives-stock, dissolving sea shores and banks, wrecking vegetation and diminishing soil richness. Fig. 2. TN: Hazard Map-seismic tremor, Floods and Cyclone (After Poniard, 2006). Aside from solid breezes, violent winds can bring about overwhelming downpours causing floods. Nonetheless, the most dangerous factor related with the violent winds is the tempest flood. The most noticeably terrible and the most established violent wind in India was in 1 737, in Calcutta that took 300000 lives separately. For typhoon gauge and guidance ahead of time, the Government has reinforced the Meteorological Department, by giving Cyclone Surveillan

Saturday, August 22, 2020

Contribute to Children and Young People’s Health and Safety Essay

Layout the wellbeing and security approaches and methodology of the work setting. Strategies and techniques are set up to help ensure kids and grown-ups inside the setting. In the UK early year’s settings must conform to the legal structure for the Early Years Foundation stage (EYFS). This covers all parts of the government assistance of kids in early year’s settings. These include: Defending †Having state-of-the-art strategies which are accessible to guardians and carers Suitable individuals †Making sure everybody is reasonable to work with kids (aptitudes, preparing, information and capabilities) Suitable premises and hardware †ensuring there is indoor and outside space and all gear is fit for reason. Documentation †Maintaining records about the kids, staff/supplier, premises, hazard evaluations and OFSTED enlistment. Record of strategies and methodology. Understand more: Explain how wellbeing and security is checked and looked after exposition Settings should likewise agree to enactments which set out the lawful prerequisites which additionally help protect everybody in the setting in every unique circumstance they may confront. Here are a few instances of the fundamental enactments pertinent to childcare settings: Wellbeing and Safety at Work Act 1974 Kitemarking CE item security checking (item wellbeing markings) Motor Vehicles (wearing of seatbelts)(Amendment ) Regulation 2006 COSHH Regulation 2002 (Labeling of dangerous substances) Revealing of wounds, Diseases and Dangerous Occurrence Regulations 1995 Childcare Act 2006 , Regulation of care (Scotland) and National Care Standards Smoking boycott Food cleanliness 2006 Manual Handling Operations Regulations 1992 Distinguish the lines of obligation and revealing for wellbeing and security in the work setting Inside settings, assigned individuals will be answerable for various zones. A definitive duty lies with the administrator. Others inside the setting will be in control different things, for example, the everyday running , execution of its approach and practices and explicit territories or rooms. A banner indicating staff names and their duties will be shown in the setting on. Everybody has a duty to advance safe working practices and keep up a solid, sheltered and secure work environment. Strategies and systems alongside guidelines will guarantee individuals inside the setting do this. Inside the setting staff will know about the individual they should report any worries they need to with respect to any wellbeing and security issues. Staff will record any noteworthy data, for example, prescription, episodes or mishaps. 1.3 Explain what chance evaluation is and how this is overseen in the work setting A hazard evaluation recognizes potential dangers which could cause hurt. Inside a setting it is difficult to forestall each and every minor episode anyway care must be taken to guarantee the youngsters inside a setting are secured. It is conceivable to forestall or control most dangers. A hazard evaluation must be contemplated for every specific movement or circumstance and will take a gander at the conceivable mischief or peril to individuals or an association. Settings will execute hazard evaluations systems as a component of everyday daily schedule. They should guarantee legitimate checks are made. These incorporate checking indoor and open air space, materials and hardware. Any excursions or trips would likewise be evaluated. They will observe any risks. Significantâ hazards must be managed contemplating the quantity of individuals who could be included. Hazard evaluations mull over things which may appear to be innocuous or go unnoticed. Hazard appraisals take a gander at all various zones of the setting from the gear inside the rooms to the security of the structure. For certain exercises chance appraisal may not be important each time as they convey low level hazard which is probably not going to change anyway they would even now be evaluated all the time, for example, week by week. In the event that an outing is made outside the setting this must be hazard evaluated ahead of time. Inside the setting the supervisor and staff must realize who is liable for completing the hazard appraisals and who is liable for various zones. They should likewise see how the dangers evaluations will be shown and how they will be actualized. Result 2 have the option to perceive hazard and perils in the work setting and during off site visits 2.1. Clarify why a safe yet testing condition is significant for youngsters and youngsters It is significant for kids and youngsters create through investigating and attempting new encounters. They become familiar with their own cutoff points and should be permitted to push their own degree of expertise. Anyway they should be bolstered to guarantee this is done in a protected positive condition. Youngsters, in contrast to grown-ups, have not yet built up the abilities and judgment to consistently settle on the protected choices. It is the staff’s duty to judge what is protected dependent on the child’s age and capacity. For instance a one year old kid would not be protected to endeavor going down a stairwell despite the fact that they may attempt to do as such. There will consistently be a hazard anyway sooner or later the kid must be tested and figure out how to stroll down the steps when it is suitable to the child’s age and capacity. On the off chance that they are not tested they will develop into a grown-up who needed ordinary abilities and exerci ses. 2.2. Recognize the contrasts among hazard and danger A danger is depicted as something which can possibly cause hurt and a hazard is the imaginable effect of the risk related with the movement. For instance a container of Milton cleaner is kept in an organizer inside a room at nursery could be a hazard; the peril is that a youngster could take the cleaner and drink it, anyway the hazard is probably not going to cause hurt in light of the fact that the sink cabinet has kid security bolts on them. The hazard is controlled and a youngster would not have the option to get to the cabinet 2.3. Distinguish potential perils to the wellbeing, wellbeing and security of youngsters or youngsters in the work setting Each movement and setting conveys chance because of perils. To guarantee the kids appreciate the full estimation of the setting or action dangers and dangers ought to be recognized and decreased or dispensed with if fundamental. The wellbeing, security and security of the kids or youngsters are subject to the activities completed to limit the danger of the risk inside setting or off site. In numerous settings they will have an individual who is selected to manage wellbeing and security enactment and arrangements and methods. Here is a table indicating the various sorts of potential perils and models: Result 3 Know what to do in case of a non clinical episode or crisis 3.1. Distinguish non clinical occurrences and crises that may happen in the work setting There are loads of non-clinical occurrences and non health related crises that occur inside the setting. Here are a few models: Fire Flood Missing individual Unapproved individual in building Water/electric cut Force and warming disappointment Bomb danger Unsafe spillage Gas spill 3.2. Layout the moves to make in light of the accompanying circumstances: (a) fires (b) Security episodes (c) crisis episodes Inside settings they will have methodology set up to manage crisis circumstances. Settings will have bores and practices and everybody will know about techniques to follow. Flames Close entryways and windows and get the youngsters out of the premises by closest exit Get the registers/marking in sheets Try not to leave youngsters unattended Try not to stop to put the fire out Call the fire detachment as quickly as time permits on 999 Give the administrator your phone number and request the fire administration Clearly state there is a fire and give the location you are at. Guarantee the administrator rehashes the location The administrator will check the structure to ensure everybody is out Check registers/marking in sheets to guarantee everybody is represented Do not enter until it has been affirmed as protected. Security episodes Settings ought to never have an obscure or unapproved individual inside the premises. Logs will be saved for marking in or out of the structure and most settings will have secure passageway which requires a code or card to enter. In the event that an individual is found in the structure that is obscure they ought to be requested recognizable proof. In the event that they can't give this the administrator ought to be educated. An individual from staff should remain with the unapproved individual until the director comes. Crisis episodes All staff will know about techniques for crises. Cautioning signs may should be activated promptly, before informing others with respect to the episode. The supervisor or individual in control ought to be educated and nearby administrations (E.g. Police) reached if essential. If necessary bring the emergency treatment pack. Contact any individual who should be educated for example guardians. During any crisis everybody should remain quiet. Logs ought to be made of any crisis episodes. Result 4 Know what to do in case of a kid or youngster getting sick or harmed 4.1 Identify the sign and manifestations which may show that a youngster or youngster is harmed or unwell SIGNS are changes which can be seen which may recommend ailment and diseases†¨SYMPTOMS changes in the body, for example, feeling wiped out or having migraine Kids will ordinarily tell you when they are unwell. They may carry on contrastingly or disclose to you their side effects, for example, they feel wiped out or have torment. They may give clear indications they are unwell, for example, heaving, looking pale or having red cheeks More youthful youngsters and infants will most likely be unable to reveal to you they are unwell. Normal signs and side effects of disease/injury are: †¢ Fever †¢ Loss of craving †¢ Diarrhea †¢ Vomiting †¢ Constant crying/cries in an unexpected way †¢ Floppiness/absence of vitality †¢ Dry nappies †¢ Seizures. †¢ Breathing troubles †¢ Cuts/wounds †¢ growing †¢ Redness/messy zones †¢ Rash 4.2. Distinguish conditions when

Friday, August 21, 2020

4 Habits Of The Successful Forex Traders

4 Habits Of The Successful Forex Traders Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!4 Habits Of The Successful Forex TradersUpdated On 01/11/2016Author : Pradeep KumarTopic : BusinessShort URL : CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogTrading in the financial markets can be quite tricky as there is no single formula for achieving success in the trades. A trader needs balance, talent, patience and needs to stay mindful about the surrounding situations which have a tendency to change anytime. Trading platform also holds great significance in making a trade successful. One should leverage renowned and trusted trading platforms such as ETX Capital which allows you to trade forex, commodities, currency pairs and indices.It is important for traders to blend a thorough analysis and effective implementation to achieve success in the trading. Also, one needs talent, hard work, and dedication to become a good trader. Here are the top 4 habits whi ch you will find in successful traders, and you must inculcate these in yourself if you are a trading aspirant.1. Trading ApproachBefore you start trading, its imperative to comprehend the importance of proper preparation. So, before initiating to trade, its important to align your personal goal and your personality temperament with the markets and instruments which you can comfortably relate to. Your preparation includes selection of a time frame, market, and trading methodology as well.2. AttitudeThe right attitude is quite important for trading. Attitude, in the context of trading, implies that you develop a mindset which reflects the attributes including patience, discipline, objectivity and realistic expectations. Discipline refers to the ability to be patient and not make impulsive decisions depending on the change in the surrounding conditions. Objectivity, also referred to as the emotional detachment, to a greater extent depends on your methodology.READBecome Productive Usi ng CDW Cloud Collaboration3. DiscriminationDepending on who the major trading players are and why are they indulging in trading a specific instrument, different instruments trade differently. For instance, the mutual funds are motivated differently than the hedge funds. Large banks who often trade the spot currency market in the specific currencies typically have a diverse objective than those currency traders who buy or sell the futures contracts. If you can research and find out that how the big players in the trading arena place their bets, then you can try to get allied with them and profit accordingly.4. ManagementNo-one can guarantee the profitable trades, and there is no such thing as 100 profitable trades. Even the most profitable systems have a profit to loss ration of 65% to 35%. But, whats important is how much profit you make when indulging in a profit trade and winning, and how much amount you lose while losing trade. If your profit amounts are higher as compared to the ones that you lose, you are certainly in a stable position in the trading landscape. Thus, design your strategies, test them in low-risk scenarios and use them to earn higher. But, do not experiment a lot with the methodologies and strategies.These are some of the vital strategies and habit leveraged by the successful traders, and from these valuable insights you can easily pick up some tricks which match your trading style and implement those to make bigger profits.

Monday, May 25, 2020

The Catholic Church s Stance On Peaceful Conversion

Conversion to Christianity in Medieval Iberia invoked ambivalent feelings among Christians at the time. Christians in the thirteenth and fourteenth centuries intended to convert Jews and Muslims through kind words and religious teachings from the Bible. This idea of peaceful conversion, nevertheless, evolved and Christians began converting non-believers through violence and compulsion. Also, even after individuals were converted, Christians did not always fully trust their motivations, and believed they would revert into their old religions. While Marian miracles did help alleviate these tensions, thousands of vicious acts were committed against Jews and Muslims during this time period. In this essay, I am going to examine the idea of conversion from the Christian perspective, and how Christians were able to tempt Jews and Muslims to convert. I am also going to compare the contradictory nature of conversion through peaceful and violent means. This comparison will showcase how the Rom an Catholic Church s stance on peaceful conversion was overcome by local Christian communities. Conversion is the act of changing one s religion to another religion. During the twelfth to the fifteenth century in Medieval Iberia, a number of Jews and Muslims converted to Christianity. To Christians, conversions represented the elimination of dangerous enemies and the ongoing triumph of the new Israel. Christians viewed themselves as the chosen people, as they believed that Jesus ChristShow MoreRelatedHow The Roman Catholic Church s Stance On Peaceful Conversion Was Overcome By Local Christian Communities1524 Words   |  7 PagesConversion in Medieval Iberia can invoke ambivalent feelings. Christians originally wanted to convert Jews and Muslims through kind words and religious teachings from the Bible. This idea, nevertheless, evolved over the centuries and Christians began converting non-believers through violence and compulsion. Also, even after individuals were converted, Ch ristians did not fully trust their motivations, and believed they would remiss into their old religions. While Marian miracles did help alleviateRead MoreSepulveda VS. Bartolome de Las Casas1205 Words   |  3 Pageshis views Sepulveda turns to Aristotle s doctrine of natural slavery and agrees that those more powerful are made to be masters to rule over the weak. Another point that is being discussed by Sepulveda is that of the Indians not being in charge of their own destiny, that they leave their lives to be ruled by their gods. This goes against all of the Conquistador s beliefs in Christianity and the faith they contain in God. Sepulveda looks upon the Indian s way of life, such as them not having theirRead MoreDorothy Day And The Catholic Church948 Words   |  4 PagesDorothy Day is one of the most significant activists of Catholic teaching known in American history. It is important to recognize why people congregated to the Catholic religion during the depression in Americ a. Also, how Dorothy Day and Peter Maurin’s The Catholic Worker, promoted peace among the religions and people of America. American Catholics in the 19th century were looking to get along with other Americans and affirm their â€Å"Americanness.† Immigrants arriving in America wanted to show thatRead More Separation of Church and State in Latin America Essay7515 Words   |  31 PagesSeparation of Church and State in Latin America Throughout Latin American history, the Roman Catholic Church has played a tumultuous role, from passive soul saving to aggressive revolutionary actions. As the countries have turned toward democracy the Catholic Church has had to recognize that along with modernization comes the promotion of two democratic ideals: the separation of Church and State and the endorsement of secularization. While many countries are still working toward a separationRead MoreRastafarian79520 Words   |  319 Pageswestern society as part of Babylon—a system and a place that is the enemy of the blacks of the world. FOREWORD ix 7. There is still no organized set of doctrines and teachings that constitute Rastafarianism, and no organized Rastafarian church, temple, or worship space exists. 8. There are numerous sects and groupings of Rastafarians, each holding to its own belief system and structure. 9. Rastafarianism is a deeply patriarchal religion that remains completely behoven to the Bible. 10Read MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pages however, to the weaknesses of the League, resistance to the rise of internal repression and interstate aggression in the interwar years was feeble at best. Stalinist, fascist, and Japanese militarist contempt for civil rights, much less even peaceful protest, opened the way for brutally repressive regimes that actively promoted or systematically engineered the massive episodes of rape, oppression, and genocidal killing that were major offshoots of a second global conflict in the early 1940sRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturersRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesand implement a well-defined system of rewards and punishments to control employees. THEORY Y Employees are not inherently lazy. Given the chance, employees will do what is good for the organization. To allow employees to work in the organization s interest, managers must create a work setting that provides opportunities for workers to exercise initiative and self-direction. Managers should decentralize authority to employees and make sure employees have the resources necessary to achieve organizational

Thursday, May 14, 2020

Examining the methods and concepts of accounting process - Free Essay Example

Sample details Pages: 7 Words: 2189 Downloads: 10 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to prepare financial reports that provide information about a firms performance to external parties such as investors, creditors, and tax authorities. There are several steps show how accounting done using accounting cycle. Don’t waste time! Our writers will create an original "Examining the methods and concepts of accounting process" essay for you Create order Analyzing step in the accounting cycle is the first, it involves categorizing all receipts for business purchases and supporting documentation, such as bank statements. Next step is Journalize, it is to record each transaction into a General Journal. This is the double-entry system and the bookkeeper will record a credit (plus) amount and a debit (minus) amount to each account. After journalizing a transaction, transfer it to a ledger. Each account has its own ledger to allow the business owner to see expenditures in that account at a glance. Next steps is unadjusted trial balance, the accounting equation states that assets are equal to the owners equity plus his liabilities. The unadjusted trial balance provides a tally of the totals, as either a debit or a credit, and is used as the basis for performing the process discussed in the next section, adjusting entries. Sometimes transactions occur through means other than checks and receipts. These include interest, finance charges or p repayments. After completing the adjustments, make another trial balance. Four financial statements are commonly prepared at the end of an accounting period to inform the owner or investors about the health of the business and current profits. The first is the Income Statement, followed by a Statement of Earnings, a Balance Sheet and finally, a Cash Flow Analysis. The last steps is closing the books which is prepared at the end of the fiscal year, the business owner will close the previous years accounts and start fresh in the next year. This involves crediting or debiting income accounts to bring the balances to zero. A temporary Summary Income account is created to use as the second half of the double-entry system and close it out at the end of the year and start fresh the next fiscal year. 2. Explain what is income statement or the profit and loss account and balance sheet statement. what is income statement or the profit and loss account? The income statement cover a period of time, the balance sheet is a report at a point in time. The income statement usually shows two main categories, revenues and expenses. Revenue are listed first. Typical operating expenses for most businesses are employee salaries, utilities, and advertising. For Safeway, as with any retail firm, the largest expense is for cost of goods sold. The different between sales and cost of goods sold represents the different between the retail price Safeway receives from a grocery sale and the wholesale cost of the groceries that are sold. This difference (sale cost of goods sold) is called gross profit or gross margin. Expenses are sometimes divided into operating and non operating categories. Two other items that frequently appear in the income statement are gains and losses. Gains and losses refer to money made or lost on activities outside the normal business of a company. One final bit information required on the income statements of corporations is earnings (loss) per share (EPS). This EPS amounts is computed by dividing the net income (earning or loss) for the current period by the number of shares of stock outstanding during the period. Example of income statement format are as example 2.2. Format for Income statement account. XXX Berhad. Income statement for the year ended 31 June 20xx Sales XX ( ) Return inward/sales return XX Net sales X ( ) Cost of sales : Opening balance inventory XX Purchase XX ( ) Return outward/ Purchase return XX X ( + ) Carried in XX X X ( ) Closing inventory XX X Gross profit X ( + ) Other income : Rent receive XX Discount receive XX X X ( ) Expenses : Carriage outwards XX Salaries XX Rent XX Insurance XX Rental XX X Net profit / loss X 2.3 what is balance sheet statement? A balance sheet is presented for a particular date because it reports a companys financial position at a point in time. The balance sheet is divided into the major sections we have described: assets, liabilities, and owners equity. The asset section identifies the types of assets owned by Safeway (cash, for example) and the monetary amounts associated with those assets. The liabilities section defines the extent and nature of Safeways debts (income taxes not yet paid, for example). Owner equity completes the balance sheet. This section identifies the portion of Safeways resources that were contributed by owners, either in exchange for share of stock or as undistributed earnings since Safeways inception. Together with liabilities, Owners equity indicates how a company is financed (whether by borrowing or by owner contributions and operating profits). Classified balance sheet is needed to prepare the balance sheet statement in which assets and liabilities are subdivided into current and long-term categories. 2.4 Format for balance sheet account. XXX Berhad. Balance sheet as at 31 December 20xx Non Current Assets Motor vehicle XX Premises XX Fixture Fitting XX X Current Assets Closing inventory XX Receivable XX Bank XX Cash XX X Total Assets X Financed by: Capital XX ( + ) Net profit / ( ) Loss X X ( ) Drawing XX X ( +) Current Liaabilities Creditor XX Overdraft Bank XX X Long term liabilities Bank loan XX X X 3. Explain what is capital and revenue expenditure. 3.1 What is capital expenditure? Capital expenditure consists of expenditure, the benefit of which is not fully enjoyed in one accounting period but spread over several accounting periods. It includes assets acquired for the purpose of earning income or increasing the earning capacity of the business or effecting economy in the operation of an asset. These are not meant for sale. Expenditure incurred for improving assets and extending an existing asset is also capital expenditure. The sum of invoice price, freight and insurance charges, installation and erection cost and custom duty etc. will be capitalized in the books of a firm. These capital items appear on the assets side of Balance Sheet. 3.2 Examples of capital expenditure: Interest on capital paid during the period of construction of Company (u/s 208 of Indian Companies Act) Expenditure in connection with or incidental to the purchase or installation of an asset. Acquisition of new assets. Expenditure incur red for putting the old asset purchased, into working condition. Additions and extensions to existing assets. Interest and financing charges paid, brokerage and commission paid. Betterment of fixed assets or improvement of an asset to produce more, to improve its earning capacity or to reduce its operating expenses or to increase the life of asset. 3.2 What is Revenue expenditure? Revenue expenditure consists of expenditure incurred in one period of the accounting, the full benefit of which is enjoyed in that period only. This does not increase the earning capacity of the business but it is incurred in order to maintain the existing earning capacity of the business. It includes all expenses which arise in normal course of business. The benefit of such expenditure is for a short period, say, one year only and it is not to be carried forward to the next year. The expenditure is of a recurring nature i.e. incurred every year. 3.4 Examples of revenue expenditure: Pu rchase of raw materials for conversion into finished goods. Selling and distribution expenses incurred for sale of finished goods e.g. sales office expenses, delivery expenses, advertisement charges, et(% Establishment expenses like salaries, wages, rent, rates, taxes, insurance, depreciation on office equipment. Depreciation of plant, machinery and equipment. Expenses incurred in order to maintain the existing fixed assets in an efficient and workable state such as repairs to building, repairs to plant, white-washing and painting of building. 4. Explain what is bank reconciliation statement. 4.1 Definition or meaning of bank reconciliation statement Bank reconciliation involves comparing your record of transactions and balances to the banks record of transactions and balances. You go through every transaction in your account and make sure you and the bank agree on the transaction. Some items, such as outstanding checks, wont show up on your bank statement because the bank doesnt know about them yet. Likewise, there may have been electronic transfers at the bank that you didnt know about. Bringing all of these things into the open is what bank reconciliation is all about. If youre familiar with balancing your check book, then youre familiar with bank reconciliation. Youre essentially doing the same thing for the same reason. Bank reconciliation happens when you compare your records to the banks records. You should do a bank reconciliation at least every month to make sure you know whats happening with your accounts. Lets review how bank reconciliation works and why i t is so important. Adjustments that are commonly made by a bank to a companys account include : NSF (non sufficient funds). This is the cancellation of a prior deposit that could not collected because of insufficient funds in the check writers (payers) account. When a check is received and deposited in the payees account, the check is assumed to represent funds that will be collected from the payers bank. When a bank refuse to honor a check because of insufficient funds in the account on which it was written, the check is returned to the payees bank and is marked NSF. The amount of check, which was originally recorded as a deposit (addition) to the payees account, is deducted from the account when the check is returned unpaid. MS (miscellaneous). Other adjustment made by bank. ATM (automated teller machine) transactions. These are deposits and withdrawals made by the depositor at automated teller machines. It is unusual for the ending balance on the bank statement to equ al the amount of cash recorded in a companys cash account. The most common reasons for differences are: Time period differences . The time period of the bank statement does not coincide with the timing of the companys postings to the cash account. Deposits in transit. These are deposits that have not been processed by the bank as of the bank statement date, usually because they were made at or near the end of the month. Outstanding check. These are checks that have been written and deducted from a companys cash account but have not cleared or been deducted by the bank as of the bank statement date. Explain What is Assets and Liabilities. What is Assets? Assets is resources of the owned that controlled by a business. It help to generate future income. Assets can be divided into two which is Current assets and fixed assets Current assets are those that form part of the circulating capital of a business. They are replaced frequently or converted into cash during the course of trading. The most common current assets are stocks, trade debtors, and cash. Compare current assets with fixed assets. A fixed asset is an asset of a business intended for continuing use, rather than a short-term, temporary asset such as stocks. Fixed assets must be classified in a companys balance sheet as intangible, tangible, or investments. Examples of intangible assets include goodwill, patents, and trademarks. Examples of tangible fixed assets include land and buildings, plant and machinery, fixtures and fittings, motor vehicles, office equipments and IT equipment. What is Liabilities? Liabilities are simply debts of a corporation.ÂÂ   Nearly all businesses have liabilities; even the most successful and profitable of companies will make purchases on credit.ÂÂ   Most companies also find it desirable to borrow money as a means of expanding operations more rapidly.ÂÂ   The borrowed money can be used to purchase new machinery, or additional merchandise that can be used to produce additional items to be sold to customers. Liabilities also can be separated into two groups which is current liabilities and non current liabilities. Current liabilities refer to short term debt obligations of a company, to its creditors and suppliers, which are due within 1 year.ÂÂ   For example trade payables, bank overdraft, prepaid income, and accurate expenses. Long-term liabilities are liabilities that will most likely exist for more than a year. These liabilities are made infrequently, theyre usually significant and they are meant to be liquidated (paid off) over o r after a few years. Long-term liabilities include long-term bonds, mortgages and leases that will be paid over several years. Referencing What is income statement or the profit and loss account, W. Steve Albrecht,Earl K. Stice,James D. Stice, 2008, Financial Accounting, 10th edt, Rob Dewey, United Kingdom, pg 39-41 What is balance sheet statement, W. Steve Albrecht,Earl K. Stice,James D. Stice, 2008, Financial Accounting, 10th edt, Rob Dewey, United Kingdom, pg35-39 What is capital and revenue expenditure, Viewed 22 June 2010, What is bank reconciliation statement, viewed 22 June 2010, Definition or meaning of bank reconciliation statement, W. Steve Albrecht,Earl K. Stice,James D. Stice, 2008, Financial Accounting, 10th edt, Rob Dewey, United Kingdom, pg 247 What is Assets, Viewed 25 June 2010, What is Liabilities, Viewed 25 June 2010,

Wednesday, May 6, 2020

Analysis Of Descartes Meditations On First Philosophy...

The Role of God in Descartes’ Meditations on First Philosophy In his work Meditations on First Philosophy, published in 1641, Renà © Descartes sets out to establish a set of indubitable truths for the sciences. He begins by discarding all of his beliefs, then works to rebuild his beliefs based on careful thought. Descartes clearly states this goal, saying in the First Meditation, â€Å"I will work my way up†¦ I will accomplish this by putting aside everything that admits of the least doubt† (I, 17). He is able to establish his own existence, but struggles to move beyond his internal thoughts to discuss external objects. Descartes decides that the Christian God is the bridge he needs to escape the confines of his own mind, and argues for the existence of God in the Third Meditation in order to move on to discussing the physical world. In this paper I will argue that Descartes’ rationalistic project would have been improved without an appeal to the Christian God, although I will also argue that Descartes thinks this appeal is necessary. Descartes declares that he will only accept ideas that he can absolutely affirm, but accepts the existence of God without adequately proving it. This inadequacy undermines his declared project of defining the world in terms of established ideas. He does not sufficiently prove the idea of God, yet bases so much on it. When he later discusses physical bodies, intellect, and mathematical concepts, the reader cannot forget that everything he writes isShow MoreRelatedAnalysis Of Rene Descartes s Meditations On First Philosophy 1399 Words   |  6 PagesPhilosophy Essay 1 Rene Descartes was born in in La Haye, France, in 1596 and he studied at La Fleche Jesuit College and University of Poitiers. Descartes also lived in Germany, Holland and Sweden. He then worked in the army as a private councillor and then as a court philosopher. Descartes book ‘Meditations on First Philosophy’ was first published in 1641. The edition used to write this essay was edited by John Cottingham and was published by the Cambridge University Press in 1996. Descartes wasRead MoreAnalysis Of Rene Descartes s Meditations On First Philosophy1066 Words   |  5 Pagesis reality? Among these writers were Renà ¨ Descartes and George Berkeley, who respectively argued that everything perceived must be real due to God being unable to deceive, and that the physical world only exists in one’s mind. In my view, it is not certain that the physical world is real, but one should act as if it is. Renà ¨ Descartes, in Meditations on First Philosophy, wrote each section after successive â€Å"meditations.† In Descartes’s first meditation, he claims it is unable to be proven whetherRead MoreThe Nature Of The Human Mind878 Words   |  4 PagesRene Descartes second meditation is titled, Concerning the Nature of the Human Mind: That it is Better Known than the Body. In his second meditation, Descartes argues that the human mind exists merely by itself without any physical representation in the world. This argument lead to many of his later meditations and allowed him to really build the framework for Western Philosophy. The cogent argument is arguably the most crucial argument, which lead us to our philosophy of the mind. In some respectRead MoreDescartes’ Cogito Argument Successfully Shows the Evil Demon Argument is Unsound888 Words   |  4 PagesDoes Descartes’ Cogito argument successfully show that the Evil Demon Argument is unsound? In this essay I will attempt to show that the philosopher, Renà ¨ Descartes’ Cogito Argument successfully proves the Evil Demon Argument to be unsound. By an analysis of the structure of the arguments and what they prove, I will show the evil demon argument to be unsound. An argument is unsound when the premises as false and the argument is invalid. This analysis of both structure and content will eventuateRead MoreDescartes Six Meditations on First Philosophy Essay1347 Words   |  6 PagesThroughout the six meditations on First Philosophy, French philosopher Rene Descartes seeks to find a concrete foundation for the basis of science, one which he states can only include certain and unquestionable beliefs. Anything less concrete, he argues will be exposed to the external world and to opposition by philosophical sceptics. The sense of the Cartesian reform is the imposition of a new method of thinking. Descartes’ method to begin with is reductive, removing all knowledge acquired withoutRead More Weaknesses of Descartes Arguments Essays1641 Words   |  7 PagesDescartes was incorrect and made mistakes in his philosophical analysis concerning understanding the Soul and the foundation of knowledge.   Yes, he coined the famous phrase, â€Å"I think therefore I am,† but the rest of his philosophical conclusions fail to be as solid (Meditation 4; 32). Descartes knew that if he has a mind and is thinking thoughts then he must be something that has the ability to think. While he did prove that he is a thinking thing that thinks (Meditation 3; 28), he was unable toRead MoreIn Philosophy, There Are Going To Be Some Agreements And1393 Words   |  6 PagesIn philosophy, there are going to be some agreements and disagreements among philosopher’s, but the most compelling of them all is D escartes’ and Spinoza’s take in regards to mind and body, and God and free will, God existence. I will compare and contrast Descartes’ and Spinoza’s perspectives on the relationship between mind and body, and God and free will. Maria, there is no fast way to explain all of this as this takes time, so please brace yourself as I hope to provide you with a better understandingRead MoreThe On First Philosophy By Rene Descartes1699 Words   |  7 PagesIn his work Meditations on First Philosophy, published in 1641, Renà © Descartes sets out to establish a set of indubitable truths for the sciences. He begins by discarding all of his beliefs, then works to rebuild his beliefs based on careful thought. Descartes clearly states this goal, saying in the First Meditation, â€Å"I will work my way up†¦ I will accomplish this by putting aside everything that admits of the least doubt† (I, 17). He is able to establish his own existence, but struggles to move beyondRead MoreThe Life of Rene’ Descartes: His Works and His Beliefs in God1578 Words   |  7 PagesWas Rene’ Descartes just a visionary of truth, mathematical equations or was he truly a man that knew he was born to tell the world about life, knowledge, and how it all came together metaphorically? Please see the research on Rene’ Descartes cited accomplishments. Descartes was known as the first modern philosopher. Famous for making a connection between geometry and algebra, which allowed for solving of geometrical problem by way of algebraic equations, which promoted a new conception of matterRead MoreEssay about Ontological Argument Critique 857 Words   |  4 PagesAlthough in order to move forward, failed arguments must be studied to ensure that mistakes are not repeated. One such argument is the Ontological Argument. This argument was first recorded by St. Anslem (1033-1109). Descartes adapts this argument in the fifth meditation in ‘Meditations on First Philosophy.’ He first establishes that whenever he thinks about a triangle, there are certain properties that must be present in order for the form to be a triangle. Further â€Å"even if perhaps no such figure

Tuesday, May 5, 2020

Business Research Methods Oxford University Press

Question: Discuss about the Business Research Methods for Oxford University Press? Answer: I have possessed a very keen interest in mathematics and numerical calculations from a very early age. Through rigorous practice, I have acquired excellent competence in solving difficult mathematical problems and assignment questions. With a determination to follow my passion for mathematics, I applied for Bachelors degree in Business Administration with Marketing as the primary subject, at the University of Dammam in Saudi Arabia. I completed my graduation in the year 2013 with a strong set of skills in marketing and business administration studies. During my graduation years, I have managed to gain in-depth knowledge of accounting, finance, human resource management, economics, management information systems, strategy, marketing and project management. In addition to that, I have participated in several group projects and group assignments that helped me acquire strong teamwork capabilities and effective interpersonal skills. Apart from that, I have gained competence in developing business plans and strategies, feasibility studies, budget planning and schedule estimation techniques. I undertook an internship training and placement program at Saudi Telecom Company in Saudi Arabia. After completing my academic career, I started working at Hajjan Drilling in Saudi Arabia in the marketing and sales department. My particular nature of work involved planning and implementing marketing plans and strategies for measuring the absolute level of effectiveness of the various marketing and sales campaigns and agendas conducted by our organization. I further undertook several full-time and intensive academic English language-training programs with the aim of excelling in my English language skills and abilities. I joined the program of EF in Santa Barbara, and later I acceded to another English training program at the California State University in Long Beach. The English training courses involved extensive essay writing, reading and verbal comprehension practice that in turn significantly helped me in advance in improving my language skills that I could efficiently utilize for my graduate studies. Presently, I am looking forward to improving my career position by promoting and improving my abilities to excel in the field of business and accounting by developing additional skills based on my strong academic foundations gained so far. Here, I would like to express my keen interest in applying for the Master of Accounting Degree program at your esteem institution. After thoroughly researching about the projects and courses offered at your esteemed University, I found the diverse set of classes, associated subjects, and projects appropriately suitable for my career. I believe that your particular program will mainly help me prepare for achieving my long-term career objectives. Your program will surely help me in becoming a successful business and accounting professional and acquire a high position in my career. Apart from that, I firmly believe that my strong set of skills, relevant work experience, and passion for learning and strong academic background would primarily motivate m e in performing well and excelling in your cohort. I am actively looking forward to participating in the group projects, assignments and class discussions offered at your institution and hope to gain valuable knowledge in my field of study. Moreover, I also think that my Middle Eastern cultural background will add to the multicultural diversity of your cohort. I am obliged to have gotten the chance to apply for Master degree at your institution and positively looking forward to hearing from you soon. Bibliography Bryman, A. and Bell, E., 2015.Business research methods. Oxford University Press, USA. Ferrell, O.C. and Fraedrich, J., 2016.Business ethics: Ethical decision making cases. Nelson Education. Machado, C. and Davim, J.P. eds., 2016.MBA: Theory and Application of Business and Management Principles. Springer. Stewart, D.W. and Gugel, C.T. eds., 2016.Accountable Marketing: Linking Marketing Actions to Financial Performance. Routledge.