Stock Market Essay Example | Topics and Well Written Essays - 1250 words

Stock Market - Essay Example Disclosure is called for to be simultaneously carried out to all investors and therefore, nobody should profit from usage of such information before it reaches the public domain. Information cannot be said to be price-sensitive if it’s not factual or specific. Examples may include: Financial information about profits and losses, figures of sales of a company, take over bids information, big buys or disposals of shares by large shareholders, among others. The rules governing the London stock exchange stipulate that any price-sensitive information should this be made publicly available in the reasonable time so as to have a similar influence on the investors’ decision. (Graeme Pietersz, 2009) This is going to be a study related to price-sensitive information and its set out to answer, comprehensively, the question, â€Å"How has price-sensitive information evolved and how has it influenced the stock markets in U.K and U.S?† Use of price-sensitive information was legal, but before 1980. It could be applied by employees and people with close connections to a company. This resulted to insider trading because there was asymmetric information usage. Banning of insider dealings is seen as a later issue. Until 1980, insider trading was not a criminal offence. (Chadwick et al, 2002 p152) People convicted for breaking the insider trading rule are required under IDA 1985, to be sentenced for up to six months imprisonment of be fined an amount not more than the statutory maximum or in other cases both. If convicted under the crown court the person may be sentenced for up to seven years or affine that’s not limited or in other cases both. Since the 1985’s IDA Act, however, the record of enforcement is dismal. Conviction rate is said to be at low levels where about 50% have been convicted on this rules breaking. Low levels of conviction have been blamed to the so strictly set

Financial Reporting Essay Example | Topics and Well Written Essays - 2500 words

Financial Reporting - Essay Example Table of Contents Table of Contents 3 Introduction 4 AASB 101 â€Å"Presentation of Financial Statements† 4 AASB 107 â€Å"Statement of Cash flows† 7 AASB 116 â€Å"Property Plant & Equipment† 8 AASB 138 â€Å"Intangible Assets† 9 AASB 136 â€Å"Impairment of Assets† 10 AASB 137 â€Å"Provisions, Contingent Liabilities and Contingent Assets† 10 AASB 112 â€Å"Income Taxes† 10 AASB 110 â€Å"Events after the Reporting date† 11 Overall evaluation and objectives of reporting 12 Introduction A fair and comprehensive disclosure of information requires that the entity adheres to certain accounting norms. The financial statements of a company must be prepared in conformance with the relevant accounting standards. There are accounting standards which prescribe the accounting treatment of intangible assets, contingent assets, contingent liabilities, presentation of statements etc. The adoption of these accounting standards in the case of Early Learning Services Limited has been reviewed as to whether the company has prepared its financial reports as per the accounting norms. AASB 101 â€Å"Presentation of Financial Statements† The accounting standards to be applied in Australia with effect from January 1, 2005 include International Financial Reporting Standards (IFRSs). International Accounting Standards Board (IASB) issues IFRSs. For reporting periods commencing on or after January 1, 2009 IASB made certain amendments to the IAS 1 ‘Presentation of Financial Statements’. In line with this AASB also made certain amendments to AASB 1 ‘Presentation of Financial Statements’ for enabling IFRS compliance of the reporting entities in Australia. The major changes to this standard as compared to AASB 101 issued in the year 2006 are discussed as under- Making the reporting comprehensive- The revised standard brings in a notion of ‘completeness’ in financial reporting. Previously this standard used the heads ‘balance sheet’ and ‘cash flow statement’ to refer to the two statements. On the other hand the revised standard uses ‘statement of financial position’ and ‘statement of cash flows’ to describe the above statements. As per the new rules an entity has to present comparative information with respect to the previous year. Disclosure relating to changes owners’ equity- Previously AASB 101 required items relating to expenses and income which are not shown as profit or loss to be reported in ‘statement of changes in equity’. The previous standard also required preparation of ‘statement of recognized income and expense’ comprising of profit or loss in the statement of changes in equity, any affects of accounting policy changes and any correction related error. The new amendments require â€Å"owner changes in equity† to be reported separately from â€Å"non-owner change s in equity†. The detail relating to comprehensive income is not permitted to be presented in the â€Å"statement of changes in equity†. The main aim of this is to integrate items with similar characteristics and separate items with varying characteristics to disseminate useful information. Changes relating to â€Å"Other comprehensive income†- As per the revised standard an entity has to make disclosure of income tax relating to each comprehensive income component. This was not required as per previous AASB 101 version. Dividend presentation- As per old AASB 101 the amount of ‘

The Role of Mental Variation in Cognitive Science :: Cognitive Sciences Scientific Essays

The Role of Mental Variation in Cognitive Science ABSTRACT: What is the role of mental variation in cognitive science? I will attempt to answer this question by dividing it into two separate questions: (1) what role does mental variation already (or implicitly) play in cognitive science? and (2) would cognitive science benefit by inquiring (explicitly) into the role of mental variation? I will attempt to show that mental variation already plays an important (though not always explicit) role in cognitive science. Additionally, I will suggest that explicating the role of mental variations in cognition may be seen as a vital component of maintaining the strength of certain approaches and "schools" of cognitive science. (1) Preliminary Remarks (a) Introduction What is the role of mental variation in cognitive science? I will attempt to answer this question, as it often happens in philosophy, by dividing it into two separate questions: (1) What role does mental variation already (implicitly) play in cognitive science? and (2) Would cognitive science benefit by inquiring (explicitly) into the role of mental variation? I will attempt to show that mental variation already plays an important, although not always explicit, role in cognitive science. Additionally, I will suggest that explicating the role of mental variation in cognition may be seen as a vital component of maintaining the strength of certain approaches and "schools" of cognitive science. To illustrate this, let me present the relevance of variation in disputes between the connectionist and more traditional theories of cognition. The dispute between more traditional (propositional and "language of thought" based) understanding of cognitive science and recent connectionist theories may be seen as centred, in part, on the role of variation (manipulation) in cognition. More traditional account would appeal to the fact that the correspondence between formal languages and propositional content may be seen as dependent upon the combinatorial structure of strings of symbols. Thus, one may claim that sentences have parts with both fixed and adjustable meanings and that we form new meaningful sentences by rearranging these parts in new combinations. In this case, the ability to vary parts of structured sentences may be seen as quite significant: this ability would help us account for our understanding of propositions we never encountered before. Instead of appealing to the paradigms of cognition which involve either strings of symbols or some sort of propositional structure, connectionists would rather appeal to some type of neural architecture. They argue that the properties of some sort of functional networks in cognition represent the properties of neural activity much closer than the properties of any sequential symbol-processing system.

Reaction Paper On Stage Play Essay

STARS (JP Lopez) Characters: Cindy Liper as Wilma Jerie Sanchez as Juday Patricia Lopez as Norma Ken Sadsad as Edward Junelyn Villareal as Jolens Jm Encinas as Boyet SUMMARY: There were 2 known person in showbiz , who are old friends,but because of their feelings on a guy they became enemy for a long time..even if they are neighbors they have been outdoing & became worst.E ven if their maids (yaya) are in the same situation and same thought. This 2 known person in showbiz have a sons who promised them to bring them in United States . And when their sons came home from America , they are trying to say that their son is better than the other. And when they are fighting / quarilling again ,their sons admitted that they have re3lationship , and intend to live abroad and because of that unexpected news ,they felt guilt, they realize and awakened that fighting against each other is no good thing to offer. And lastly they became friends all over again. REACTION: This play is so fuuny.. because each one of them delivered their role nice & energetic. Most specially Norma & Wilma ,together w/ their maids Judy & Jolenz.. And I like that play very much.,it is because they made me happy. PITIK SURPLUS CHARACTERS: Cherry Bagtas as Benny Chin Ortega as Eagle Patrick Libao as Bok Gabby Bautista as Batik SUMMARY: This 3 siblings have a store/ shop where-in all their selling goods are came from stealing.,Because of this, they already mastered the act of stealing like AKYAT-BAHAY, SHOPLIFTING, etc. And the manager of this shop is a young boy at the age of 7, he can manage the shop accordingly. One day his elder sister & brother want to change their bad lifestyle in a good & honest work/job. And because of their aunts letter who are in the jail ,they have a chance to change into a good person, but this young boy doesn’t like the opinion of his sister & brother..While they have their impt. Conversation.the police came to arrest them bec. Of some crimes they did, this young boy said that they kidnap him, and he told this to safe him from tha policeman..While he is emerged, his brother & sister are arrested. REACTION: This is the story that I appreciate most , it is bec. Even if Batik isw only a 7 year old boy he can as older as its sister & brother. And I impressed the way Batik deliver his role . The whole-play is good and interesting. STRANDED(VINCENT TANADA) CHARACTERS: Monique Azzereda as Debbie Mar Miranda as Wally Jordan Ladra as Senedy Kevin Posadas as Pepper SUMMARY A childhood friends decided to have a trip in hongkong. While waiting for departure a typhoon came that the reason why they’re been stranded in the H.K. airport. . Debbie & Senedy are having a secret relationship, but they don’t know how to profess their rel. to Wally & Pepper..Unexpectedly Pepper has feelings to Debbie where in Pepper & Debbie are brothers..But bec. Of Pepper’s situation , Senedy decided to secret their rel. w/ Debbie . but Pepper told to them that he already know the secret of the 2..and they did not admit ..after that a good news came that their flight to Manila as finally oik. REACTION: This play is all about friendship and love. I liked how Senedy take good care of his brother who are not in good condition. And I liked the way they acted, even if they are not as serious as Pitik Surplus actors/actes acted.but over all this is a good play. SPIRITS(Patrick Libao) CHARACTERS: Chris Lim as William Adeele Ibarrientas as Zenaida SUMMARY: A guy having a medical problem because he can’t able to get away from the past when the time of Spaniards . And he can saw frightful things around him he felt fearful & threatened ..But his wife are keep on teeling that the things that he can see is just only his imagination,but he is still not believen in his wife, instead he always hurting his wife just like before when his wife are still alive.. And when he realize everything that his parents & wife are already dead , he understood everything that is happening around him. REACTION: Since this is my first time to watch a horror play like this .i was so scared when-ever the ghost are appearing.. The whole story is good..And I impreesed the way Zenaida & William acted.

Analysis Of The Speech Lamp Of Experience - 1208 Words

Eugenia Mora Mrs. Danaher AP English Language and Composition 28 October 2014 Lamp of Experience On May 23, 1775, Patrick Henry deliver his infamous speech to the Second Virginia Convention to implore the American people to join him in the struggle for independence. In it, Henry addresses the conventions president, Peyton Randolph and the American people and calls them to fight and raise arms against the British. He delivers his speech with a fiery passion as he implores the American people to join him in the inevitable battle, while using rhetorical appeals, figurative language, allusions, rhetorical questions, and repetition to persuade the people that there is no other option other than to rise up and fight against the British. Patrick Henry begins his speech by addressing â€Å"Mr. President,† Peyton Randolph, along with the â€Å"worthy gentlemen† before him, and by declaring that â€Å"no man thinks more highly than I do of the patriotism†¦ of the very worthy gentlemen who have addressed the House.† By doing this, he is implying that they are all politically united since they are all patriots who want the best for their country, while also demonstrating that he highly respects the authority in the room. It also allows him to gain their respect in return and to get them to listen to him what he has to say. Similarly, he is also able to achieve this through the repetition of the word â€Å"sir† throughout his speech. After gaining their respect in return, Henry attempts to respectfullyShow MoreRelatedRhetorical Analysis Of Patrick Henry s Speech1341 Words   |  6 PagesRhetorical Analysis of Patrick Henry’s Speech in the Virginia Convention (Brainstormed with Caroline Schwanawede, written independently) Amid the early conflicts between the American colonists and the British government, in addition to their supporters, these two groups experienced the difficult reality of colliding with an opposing set of values and lifestyles to their own, leading to mutual feelings of hostility and resentment and establishing a widespread want for a revolution in the colonialRead MoreLAC178 Assignment 1 Essay1656 Words   |  7 Pageson its own as the noun phrase or include the use of articles and modifiers to enhance its effect on the reader. The following essay will look at how, through the use of noun phrases, Davis creates a sense of instability and allows her audience to experience it on a personal level through her characterisation of the narrator. The key element that allows Davis to personally reach her audience is her extensive use of 1st and 3rd person personal pronouns. Personal pronouns are substitutes for nouns- theirRead MoreThe Glass Menagerie By Tennessee Williams914 Words   |  4 PagesVarious psychological frameworks can be applied to analyze the problems of literary characters, as well as those of real people. One such framework is Buddhism with its analysis of suffering and its causes. Noted Buddhist teacher Thich Nhat Hanh states that Letting go gives us freedom, and freedom is the only condition for happiness. If, in our heart, we still cling to anything – anger, anxiety, or possessions – we cannot be free (78). 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They see a couch and a chair and they think living room, or they see a desk and a lamp and think office – in other words, they move to the world of the mundane, the already known. One of the key novelties of Becketts play under consideration here is that the actors appear to be reciting thoughts they h ave had in life from the vantageRead MoreThe Deconstructive Angel (Meyer H. Abrams, 1912-)1687 Words   |  7 Pageshistorian. Abrams received HA, MA and Ph.D. from Harvard and has taught since 1945 at Cornell, He is known for the editorship of The Norton Anthology of English Literature, for his contribution to literary history and history of ideas in The Mirror and the Lamp (1953) and, to the delight of the literature students, for A Glossary of Literary Terms (1971). Abrams writings display well his breadth of knowledge, as exemplified in the following essay (1971), a response to a tendency in contemporary AmericanRead MoreThe Subject-Matter of the Contrastive Lexicology of English and Ukrainian3384 Words   |  14 Pagesspeak at least one language and it is hard to imagine significant social, intellectual or artistic activity taking place in its absence. The scope and diversity of human thought and experience place great demand on language. One of the most fundamental claims of modern linguistic analysis is that all languages have some common features. This can be verified by considering a few simple facts. Since all the languages are spoken, they must have phonetic and phonological systems; sinceRead MorePhilips : A Diversified Technology Company Essay4341 Words   |  18 Pagesshops, offices, schools, hotels, factories and hospitals. Outdoors, we offer solutions for roads (street lighting and car lights) and for public spaces, residential areas and sports arenas. In addition, we address the desire for light-inspired experiences through architectural projects. Finally, we offer specific applications of lighting in specialized areas, such as horticulture and water purification. Philips Lighting spans the entire lighting value chain – from light sources, luminaires, electronicsRead More The Significance of the Buddhist Mantra Essays4610 Words   |  19 Pagesreturns to the square to find the yogin sitting in the same spot, chanting as he did the day before. Tell me, what does your mantra mean? he asks. The blind man replies Om, with its three letters A, U, and M, is like the perfect body, mind, and speech of the Buddha. Mani is the precious jewel of compassion; peme is the lotus which rises from the mud of ignorance, yet is not sullied by it. Hung is the infinite in the finite. To recite this mantra is a great blessing, and speeds me along the pathRead Moretable of proposal target and time scale10137 Words   |  41 Pagesexternal audit on PFIZER, I choose to use the SWOT Analysis (Threats and Opportunities) and PEST. As I think it is the most suitable auditors in making a research for PFIZER external situation. SWOT ANALYSIS www.google/image.com Based on Marketing notes books, SWOT analysis is a tool for auditing an organization and its environment. It is the first stage of planning and helps marketers to focus on key issues. SWOT analysis is a very short analysis and it is very easy to understand. SWOT stands

Description and History of AK-47 Assault Rifle

Social And Economic Problems Faced By Michigan - 1099 Words

Along with challenges and battles, Michigan has made it a long ways in a very diverse range of areas. History is what brings us to where we are today. Throughout time, I believe that every leader, politician, and good citizen strived to crate a better place to live. If this is true than the strides that Michigan has made to become the best it can be are due to the love and devotion that michiganders have to their sate and their country. Just because people try to do good and do their best to promote a safe, equal, and problem-free society, does not mean that it is possible. In this essay I plan to explore the social and economic problems faced my Michigan as they entered the new millennium and the history of special education in†¦show more content†¦In 1936 the orphanage was turned into a home for children with mental disabilities. A reimbursement act (in which you are partially reimbursed) was placed in 1949 for the school districts who held classes for the children w ith mental disabilities. Half of a decade later, a law was passed in which allowed counties to collect tax money in order to implement programs designed for children with handicaps. â€Å"This groundswell of grassroots advocacy led to the more recent history of special education in America, which commenced with Congressional approval of the â€Å"Education for All Handicapped Children Act† (Public Law 94-142) on November 29, 1975. This law was intended to support states and localities in ‘protecting the rights of, meeting the individual needs of, and improving the results for infants, toddlers, children and youths with disabilities and their families’.† (History of Special Education.). This was a major stride that Michigan took in which helped us reach where we are today with special education. Now, â€Å"For Michigan’s 200,000 students with an Individualized Education Programs (IEP), it has been a long, treacherous, and disappointing road to w hat we call a â€Å"Free Appropriate Pubic Education† (Bailey). In Chapter Twenty One of Michigan A History of the Great Lakes State, it discussed how Michigan entered the new millennium. Michigan set foot with mixed feeling of aspiration and apprehension