Essay about how to write an essay
Essay Topic My Favourite Teacher
Thursday, August 27, 2020
Discovering Guinea Pigs Essay Example for Free
Finding Guinea Pigs Essay I. Undertaking Description and General Information Since the universe of Science has developed, the tests of researchers and different specialists additionally improve and get progressively confused and may some of the time sound silly. In current Psychology, explicitly in examining certain practices, creatures have become subjects of certain trials. Presently, for what reason do we use Guinea pigs or different creatures like bunnies, rodents, monkeys and others to lead trainings or tests? All things considered, larger part of the researchers everywhere throughout the world have been accustomed to coordinating and leading creature contemplates which have become uncontrolled these days and which fill in as a field to concentrate on creature conduct in an assortment of cross-disciplinary ways. Creatures have regularly been utilized as subjects basically in light of the fact that it is more affordable and it is progressively far off to untrustworthy circumstances simply like directing physiological controls (to individuals) especially mind injuries, tactile hardships and that's just the beginning. Creatures, particularly those raised in labs can be handily controlled and seen which offer path to the arrangement of increasingly alluring information that can be compared to those of the individuals. II. Undertaking Statement This venture will concentrate increasingly about managing guinea pigs and getting recognize what it can do just as preparing it to frame its ââ¬Å"cognitive mapâ⬠or finding out of the labyrinth. It is normal that the coaches/understudies will have the option to find and handle the conduct of the creature with the goal for them to coexist with it effectively and to effectively condition it to what it ought to do. III. Undertaking Objectives Each trial or proposition has its normal outcome(s). It is significant that the desires for the gathering won't childishly rely upon ââ¬Å"what they simply need to get or achieve.â⬠Whatever the outcomes are, it is huge that the taking in and acquisitions from the examination will be then applied in ordinary circumstances. Coming up next are the aims, points and objectives of the understudies/mentors behind this undertaking: â⬠¢ To become more acquainted with progressively about the creature (Guinea pig) just as its preferences, loathes and whatever that catches its eye â⬠¢ To prepare the creature with legitimate consideration and tolerance and help assemble its subjective guide to assist it with escaping the labyrinth â⬠¢ To manufacture a sound connection between the creature and the coaches â⬠¢ To give the creature appropriate consideration and exercise its insight â⬠¢ To give the animalââ¬â¢s physiological and organic needs â⬠¢ To have the option t o get a handle on and fathom how the Guinea pig carries on and how it tends to be contrasted with different creatures and even to individuals â⬠¢ To at long last apply and practice the picked up information about the speculations of learning â⬠¢ To find increasingly about the significance of creature concentrates in Cognitive Neuroscience â⬠¢ For the understudies/mentors: To breeze through half of the test and 10% of the last grade What are the advantages of this task? â⬠¢ The Guinea pig will have had the option to practice its learning. â⬠¢ The understudies will have the option to esteem collaboration, tolerance, steadiness, delicacy and assurance toward the creature and toward one another so as to have an amicable relationship. â⬠¢ The creature care level of the understudies will increment enormously particularly when they have had the option to acknowledge how a creature ought to be dealt with and be taken minded of. â⬠¢ Animal examination and investigations will be augmented and will be improved more when applied appropriately to regular circumstances. â⬠¢ Queries about some conduct will handily be watched effectively by simply the utilization of creatures on the off chance that one has just aced how the investigations would run and what alluring mentalities he should contribute. â⬠¢ The speculations of learning will be progressively expounded, rehearsed and applied in everyday exerc ises. â⬠¢ The understudies will at long last and completely welcome the significance of creature concentrates in Cognitive Neuroscience. What are the speculations of discovering that could be applied during the preparation? We will relate here the ââ¬Å"The Three Theories of Learningâ⬠by Edward Lee Thorndike which are the law of availability, exercise and impact. Before we start the analysis, we should initially condition the Guinea pig and prepare it with the goal that it won't be stunned or worried about the exercises that we will acquaint with it. The alloted mentor ought to likewise be prepared in dealing with the examination to stay away from any disappointment or any interruption. Whatever the fruitful exercises and methodology are must be proceeded and practiced all the more with the goal that the creature will handily overlook the things that it has picked up during the analysis. In the event that the things identified with the action will be related well, at that point there will be a decent outcome. We will likewise apply here the ââ¬Å"Classical conditioningâ⬠by Ivan Pavlov since we are going to relate food and a ringer all together for the Guinea pig to go through the labyrinth without any problem. These upgrades when applied simultaneously will catch the eye of the creature causing it to be increasingly alert in the action. IV. Doââ¬â¢s and Donââ¬â¢ts in taking care of Guinea Pig Doââ¬â¢s The guinea pig Undertaking Implementation/Procedure We arranged a progression of assignments and objectives that ought to be accomplished during the preparation. We will have it done each in turn until the Guinea Pig has aced the labyrinth just as effectively experiencing the hindrances. Coming up next are the assignments and objectives that ought to be accomplished during a particular week: First seven day stretch of preparing: During the main seven day stretch of readiness and preparing, we will initially conclude the structure of the labyrinth comprising of three passageways and three ways out with at any rate six turns in entrance 1 to leave 1, entrance 2 to leave 2 and passageway 3 to leave 3 just as setting relating snags. It is additionally significant that we will watch the creature first before the preparation legitimate with the goal that we can without much of a stretch conform to its shortcomings and its qualities. By at that point, we will let the creature investigate the labyrinth for two or three minutes during its first experience with it. We likewise plan to starve the creature first before we start each meeting (this will be done all through the task length). A while later, we will begin the one-course preparing (beginning with the most effortless one) by utilizing various procedures and strategies without harming the creature. This is likewise the time that we will presently relate the foo d and the ringer. If at any point the creature has aced the principal course or way, we will at that point begin to position and acquaint it with the subsequent one. Second seven day stretch of preparing: The technique will be the equivalent yet the preparation will get much increasingly troublesome as the creature is being put into another way and letting it go through a deterrent. At the point when the creature has aced the subsequent course, we will at that point acquaint it with the third one. Be that as it may, while we are preparing the creature to effectively experience the subsequent one, there will be times that we will attempt to return it to the first with the goal that whatever is introduced in its brain will be made later until the finish of the preparation. Third seven day stretch of preparing: At this point, the Guinea Pig ought to have aced the first and second courses and ought to be done with the third one. When it has achieved everything including obstructions, we will begin to haphazardly allocate it to any passage. Fourth seven day stretch of preparing: We will more than once proceed with the exercises we have achieved during the initial three weeks. This will fill in as the cleaning part thus that the Guinea pig will upgrade its intellectual guide and for us to achieve an effective preparing. We will likewise record a few scenes during certain meetings to fill in as a back-up if at any point the said creature will kick the bucket or lose its psyche before the last execution.
Saturday, August 22, 2020
Fewer numbers without language - Emphasis
Less numbers without language Less numbers without language The individuals who consider themselves to be as number individuals than word individuals may be shocked to discover that their comprehension of numbers is really subject to language. New research has discovered that, without language, it is difficult to appropriately understand bigger amounts. The discoveries originate from an examination, distributed in the Proceedings of the National Academy of Sciences, of a hard of hearing network in Nicaragua. With no information on Spanish or formal communication via gestures, these individuals have made their own marking framework; however it doesnt incorporate jargon for numbers. This is regardless of the way that they live and work in a numerate society. During the examinations, individuals from the gathering frequently forgot about explicit numbers over three. In one test, members were approached to react to taps on the hand by tapping a similar sum back, however they would in general be out by a couple. Theyre not fiercely off, says Elizabet Spaepen, the lead scientist. They can rough amounts, yet they dont have a method of getting to the specific number. In spite of the fact that people have been appeared to have an intrinsic numerical comprehension, we are just normally capable at seeing little numbers and evaluating enormous ones. We need words so as to overcome that issue. What language does is give you a methods for connecting up our little, accurate number capacities with our enormous estimated number capacities, says Daniel Casasanto, an analyst at the Max Planck Institute for Psycholinguistics in the Netherlands. Also, we wouldnt be the place we are today without this fundamental connection. It has been the apparatus that offered ascend to the general public we live in, Casasanto says. The high rises we work in and the PCs that were chatting on right now these things are conceivable in view of accurate huge number and people capacity to control them. An interesting point next time youre dealing with your portfolio, adjusting your checkbook, or sharing out MMs in the workplace.
Friday, August 21, 2020
Blog Archive Admissions Myths Destroyed I Must Get a 750!
Blog Archive Admissions Myths Destroyed I Must Get a 750! We all know that the GMAT is a difficult test and a significant factor in establishing your academic competencies in the eyes of the admissions committees. However, the GMAT is not the only factor used to evaluate your candidacy, but is in fact just one of several. Although a high GMAT score can enhance your overall competitiveness at top-tier schools, it alone cannot secure your admission. Meanwhile, a low or average score on the GMAT by no means precludes your admission. Remember, the average scores listed on admissions Web sites, are, after all, averages! The nature of an average is such that some people are above and others are below meaning that roughly half the class at your target school will be below the stated average and will, lo and behold, still get in! You may have read our previous entry in this series, Well, I Had My Chance on the GMAT, which stresses that there is no risk in retaking the GMAT if you are unhappy with your initial score. However, if you have already taken the test a few times and have scored similarly each time, you should consider whether continuing to retake the test is truly worth the effort. Rather than attempting to take the test again (and again), you should probably focus your energies on bolstering the other components of your application: your essays, short answers, resume, recommendations, etc. A strong application is not a guarantee of success, but is your best shot at overcoming a low GMAT score. Share ThisTweet Admissions Myths Destroyed
Monday, May 25, 2020
Community Development Corporations ( Cdcs ) An Industry...
Community Development Corporations (CDCs): An Industry Analysis Community Economic Development (CED) is a field of study that causes community engagement when working with public and private organizations to create strong communities, industries, and markets. ââ¬Å"Community Economic Development is a multifaceted comprehensive approach to community change that is not limited to just poverty programs, nor is it synonymous with industrial recruitmentâ⬠, as pointed out by Shaffer et al. (2004), ââ¬Å"Community Economic Development is not an attempt to exploit resources to yield the maximum economic return.â⬠In the U.S., there is nearly 2,000 community development corporations (CDCs) have built housing, involved in economic development projects, and provided the various social services for the past three decades (NCCED, 1995). Currently, most of attention CDCs have received is from government and private funders as a promising way to promote urban neighborhoods. These CDCs are consisted of nonprofit, community-controlled real estate development organizations that dedicate to the revitalization of poor neighborhoods. They undertake physical revitalization such as economic development, social services, and organizing and advocacy activities. Since public services for poor communities are fragmented across multiple agencies and levels of government, CDCs often are the only institution with a comprehensive and coordinated program agenda. CDCs employ a federal grant program funding (that alsoShow MoreRelatedNew Pharmaceuticals Environmental Analysis : Crossroads Pharmaceuticals942 Words à |à 4 PagesQuintessential Pharmaceuticals Environmental Analysis As a wholesale supplier of organic and specialty drugs, Quintessential Pharmaceuticals Suppliers desires to be a vital supplier for CVS Health Corporation, which provides help to millions daily on their path to a healthy life. The following environmental analysis of Quintessential Pharmaceuticals Suppliers will provide the basic elements of the internal and external elements that affect the organizationââ¬â¢s future performance: Political CVS/PharmacyRead MoreGrameenphone2007 Words à |à 9 Pages1.0 Micro and Macro Analysis Micro Analysis: Micro Analysis is individual study of the factors affecting firms in a specific sector or industry. Micro factors include competition, suppliers, customers, labor and competition. The effect of changes in these factors on the individual decision makers, how their choices are coordinated by markets, and how prices and demand are determined in individual Macro Analysis: Macro Analysis is the study of the behavior of the individual firms or markets. throughRead MoreProject Management15109 Words à |à 61 PagesInstitute of Social Sciences One Of the most important administrative developments in the developed as well as in developing countries has been the initiation and growth of a large number of new programs projects in every field like Since the 1950s the development agenda has been agriculture, irrigation, industry, community characterized by projects and programs aimed at improving the quality of life of beneficiary communities, development and social welfare etc.. The principle be it in physical or qualitativeRead MoreIs Capitalism Killing Our Elderly? Essay2000 Words à |à 8 Pageson ââ¬Å"non-profitâ⬠versus ââ¬Å"for profitâ⬠nursing home care in America. Like any business, the nursing home and long term care business in the United States as well as, other industrialized nations has, been steadily growing by leaps and bounds and corporations and investment groups want in on the action. Once dominated by the non-profit sector, privatization of nursing care and Long Term Care facilities have and will continues to rise to meet the ever growing demands of our aging population of babyRead MoreSwot Analysis of Cloud Computing5927 Words à |à 24 Pages3/2/2011 Marketing and Competitorââ¬â¢s Analysis Report | Muhammad Adil | Trade Dynamics System | SWOT Analysis and Porterââ¬â¢s five forces model | Trade Dynamics System | SWOT Analysis and Porterââ¬â¢s five forces model | PART I PART I Executive Summary: Trade Dynamic System dealing with provision of solutions through developing and providing Cloud Computing based software applications to businesses / Commercial organizations including Profit and Non-profit organizations according to their requirementsRead MoreAn Assessment of the Impact of Corporate Social Responsibility on Nigerian Society: the Examples of Banking and Communication Industries18990 Words à |à 76 Pageshttp://www.universalresearchjournals.org/ujmbr Copyright à © 2012 Transnational Research Journals Full Length Research Paper An assessment of the impact of corporate social responsibility on Nigerian society: The examples of banking and communication industries Adeyanju, Olanrewaju David Department of Financial Studies Redeemerââ¬â¢s University, km 46, Lagos Ibadan Expressway Mowe, Ogun State E-mail: davfol@yahoo.com, Tel No.: 07037794073 Accepted 30 January, 2012 In the Nigerian society, Corporate SocialRead MoreThe Effects of Culture and Ethnicity on Tobacco Prevention and Cessation5317 Words à |à 21 Pageswithin the US, with almost 443,000 fatalities taking place yearly due to smoking cigarettes and contact with second-hand cigarette smoke (CDC, 2008). Furthermore, almost ninety percent of adult people who smoke start using cigarettes from age eighteen years (US Department of Health and Human Services, 2012). To evaluate present cigarette usage amongst youths, CDC examined information via the 2011 National Youth Tobacco Survey (NYTS). This section explains the outcomes of this evaluation, which establishedRead MoreTesting Using Electronic Transmission Systems4374 Words à |à 18 Pages0 Introduction Public Health Departments or agencies rely on hospitals, clinics, and laboratory data to provide timely intervention in a community when there is an outbreak of disease to prevent additional illness. Because the conventional methods of reporting via mail, facsimile, or telephone require active participation of laboratory staff, automated reporting from clinical laboratories has been proposed as a means to improve the quality and timeliness of disease notification[1]. Read MoreThe Prevalence Of Smoking Is A Large Impact On The Past And Current Citizens Of The Country1949 Words à |à 8 Pagespersonal reasons such as decreasing anxiety, combating weight gain or simply for pleasure. ââ¬Å"In most other contexts, adults are permitted to make harmful choices that are primarily self-regardingâ⬠, but some argue that it can be harmful to families and communities (Gostin and Thomas). Some argue that tobacco use is a human right to life, but the health of tobacco can be harm ful for children due to second hand smoking which may allow others to be active users and cause an addiction. According to WHO, ââ¬Å"AlmostRead MoreEssay about Australian Beverages Ltd6147 Words à |à 25 Pagesco-operative) * Entered snack food and complimentary foods market * Operates on a multi beverage strategy (product range has been expanded to cover all categories of the non-alcoholic beverage market. * IS NOT INVOLVED IN BOTTLED WATER SEGMENT OF INDUSTRY! * In 2011, ABL was the second largest supplier of non-alcoholic beverages Strategy: To satisfy Australiaââ¬â¢s thirst by being a manufacturer of non-alcoholic beverages for every occasion in every location. Aim: ABL intends to further reduce
Thursday, May 14, 2020
Essay about The Hierarchy of Happiness in Danteââ¬â¢s The...
Ask anyone you know what their ultimate goal in life is, and the answer will unanimously be, ââ¬Å"to be happy.â⬠According to Aristotle, Thomas Aquinas and Dante, a state of fulfillment is the ultimate goal of all beings. This is how they define happiness: a state of being fully. Happiness and the means by which humans can achieve it is the main theme in Danteââ¬â¢s poem, The Comedy. In this poem, Dante starts his journey in the Inferno where he sees the souls of those who rejected the possibility of happiness by not knowing or refusing to know God. He then ascends to Purgatory, in which he observes souls who want to be happy, but must purge themselves of sin to achieve it. In the final installment, The Paradiso, Dante meets the souls ofâ⬠¦show more contentâ⬠¦This is the perfection of the possible intellect and is called Faith. The other human potential is the intellectual appetite, also known as free will. This is the ability to accept being as good, also known as love, and move towards it. For Dante, the perfection of free will is in sacrificing oneââ¬â¢s life to God, which is known as caritas, or charity. Since happiness is being fully, then being a happy person requires both having faith and doing acts of caritas. Dante, being a devout follower of Western philosophy, had a hard time imagining paradise as non-hierarchical. For Dante, if every person in paradise were perfected equally, then nothing would set them apart. If they all had equal intellectual appetites, then they would all do the same acts, and thus be indistinguishable. This vision of paradise seems to be the same as the Eastern imagination of ââ¬Å"nirvana,â⬠in which individual beings are illusions which are really one whole. Staying true to his Greek philosophical roots, he devised a hierarchy based on differences in acts of caritas during life. He proposed that people have different innate potentials to love, and that these account for the differences in paradise. Dante starts with those who tried to do good acts but could not, then those who did but for less noble reasons, followed by the wise, the warriors of God, and a few other categories of acts of
Wednesday, May 6, 2020
The Physical Aspect Of A Machine - 974 Words
1. To answer this question in a short statement, I do not know if those around me are conscious human beings in one decisive manner. Some ways in which we could distinguish each other as humans or as machines can be no longer usable over time. In the movie, Ex Machina, Ava could be physically seen as a machine, for most of her ââ¬Å"skinâ⬠was transparent. This was then hidden by what I assume is synthetic skin, similar to the other A.I.s. So the visual component was then being put under question, for the outside appearance would seem just as human as someone you pass on a street. Which is why when the main character took a blade to himself, to see if he was machine underneath versus human, I could very much understand the needed reassurance. This physical aspect can be portrayed in many different scenarios but leads to a very unreliable test of who is human versus who is a machine. The next consideration to distinguish a machine is one having a fault in their thought process, or one revealing that they are programmed to think and feel. Granted, this point isnââ¬â¢t very reliable for new ââ¬Å"updatesâ⬠as shown in the movie can be done to the software or the machineââ¬â¢s ââ¬Å"brain,â⬠leading to these un-human like qualities, to be fixed. These inhumane qualities are also a point of concern, for how do they define human qualities? Is it for someone to have the ability to empathize, for that quality can be lost to someone who is a mass-murderer. Does this make a very human being not humanShow MoreRelatedThe Time Machine, And The Machine Stops By. Forster1526 Words à |à 7 Pagesvisions of the future presented by both novelas, The Time Machine by H.G. Wells, and The Machine Stops by E.M. Forster, each story presents aspects of society that prominently appear today. Written during the Industrial Revolution, a time where technology and human innovation was at one of its highest points in recent history, both stories explore the possible effects of the machinery that was becoming evermore present. Both authors present aspects such as omnipotent technology, decaying human independenceRead MoreAn Aristotelian Theory Of Consciousness1646 Words à |à 7 PagesThese range from the ancient Pygmalionââ¬â¢s Galatea, the mythological golem, Victorian automatons, to our more recent fancies- computers, robots and other Turing machines. Perhaps the reason for this preoccupation with artificial intelligence is actually a quest to better understand our own consciousness. At first sight, the question ââ¬Å"Can a machine be conscious?â⬠appears deceptively simple. However, the answer to this question is entirely dependent on how we define consciousness. We can embark by definingRead MoreThe Negative Effects Of The Industrial Revolution948 Words à |à 4 Pageswas a dramatic change in all aspects of work. As competition increased for companies factories and other employers desire for money also grew so to the population and demand for industrialization. This new kind of work became a negative development. As a factory owners and employers sought out new ways to make more money workers suffered working for long hours with very low wages. Factory owners and employers during this time didn t bother to pay attention to physical conditions of the workers whichRead MoreQuestions On Types Of Virtualisation Systems1714 Words à |à 7 PagesUWS PAISLEY Virtualisation Coursework 2 Comprising Of Two Virtualized Systems Allan Hill B00258481 ââ¬Æ' Contents Introduction 2 Virtualisation 2 Virtual Machines 2 Hypervisor 3 Hyper-V 3 KVM 3 Advantages/Disadvantages of KVM and Hyper-V 4 KVM Advantages 4 Hyper-V Advantages 4 KVM Disadvantages 5 Hyper-V Disadvantages 5 ââ¬Æ' Introduction The second piece of coursework for virtualization is to thoroughly examine two types of virtualisation systems. The chosen virtualised systems will be selectedRead MoreThe Current State Of Culture And Society1642 Words à |à 7 PagesTââ¬â¹h e M a c h i n e S t o p s ââ¬â¹b y E . M . F o r s t e r , ââ¬â¹eââ¬â¹a c h s t o r y p r e s e n t s aspects of society that prominently appear today. Written during the Industrial Revolution, a time where technology and human innovation was at one of its highest points in recent history, both stories explore the possible effects of the machinery that was becoming evermore present. Both authors present aspects such as omnipotent technology, decaying human independence, and destruction of real communicationRead More alan turing Essay1102 Words à |à 5 Pages Alan Turning nbsp;nbsp;nbsp;nbsp;nbsp;Alan Turning is known to be a pioneer of many facets of the computer age. The digital computer, artificial intelligence, memory subroutines, the Turning Machine, the Turing Test, and the application of algorithms to computers are all ideas somehow related to this man. Alan Mathison Turing was born in Paddington, London, on June 23, 1912. He was a precocious child and began his interests in science and mathematics at a young age, but was never concernedRead MoreReading Assignment ââ¬â 4. Hey, You, Get Off Of My Cloud:749 Words à |à 3 PagesShilpa Repala- (U00814466) The intermediary or third parties of cloud computing resources is so well-known now-a-days. These intermediaries lease a Virtual Machine to a client. A solitary physical machine can provide the functions of numerous Virtual Machines. The current paper clarifies how the existence of various VMs on a solitary physical machine be defenseless against assaults by considering the systems the authors have utilized here as the Amazon EC2 for their contextual analysis. This paper predominantlyRead MoreThe Technological Advancement Of The Field Of Education Essay1628 Words à |à 7 Pagestechnological advancement prevents students from sitting in class and waiting to be guided, instructed, and examined by experts. On the other side, Sherry Turkle discusses the human-machine interaction in her work, ââ¬Å"Selections from Alone Together: Why We Expect More from Technology and Less from Each Other,â⬠as an aspect of the changing paradigm. In Nafisiââ¬â¢s article, ââ¬Å"Selection from R eading Lolita in Tehran: A Memoir in Books,â⬠she presents a society deficient of modern technology. The discussionsRead MorePros And Cons Of Electronic Voting Machines1396 Words à |à 6 PagesVirtue Chike-Okeke Junior Research Period 2 Mr. Larkin 26 October 2017. à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à Electronic Voting Machines à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à à Moving away from electronic voting and finding an alternate way to vote that is the most precise and secure course of action. Voting is the process by which a person or group of people formally express their opinion. In the U.S., a citizen must be at least 18 years for them to vote, and voting is voluntary;Read More Ergonomics Essay1522 Words à |à 7 Pagesbody of knowledge to the design of tools, machines, systems, tasks, jobs, and environments for safe, comfortable and effective human use. The term ergonomics is derived from the Greek word ergos meaning work and nomos meaning natural laws of or study of. The profession has two major branches with considerable overlap. One discipline, sometimes referred to as industrial ergonomics, or occupational biomechanics, concentrates on the physical aspects of work and human capabilities such as
Tuesday, May 5, 2020
Effectiveness to Financial Accountabilities-Samples for Students
Question: Discuss about the Accounting Theory. Answer: Introduction Accountancy is science where financial transactions are recorded in a methodological manner for efficient business status. Therefore, accounting theory is a logical explanation under some guided principles that creates a framework on how accounting can be evaluated and enables development of new procedures and practices. Accounting systems are guided by these accounting theories with application of accounting knowledge and skills. In real life each and every one must have his or her own financial strategies to achieve utility satisfaction. The government plays a big role when it comes to economic growth and development as it creates the foundation of the currency flow in the economy.(Shahrokhi, 2008) accounting starts from one individual for a reasonable financial status. Individuals mostly operates with banks by depositing their savings and also acquiring loans for investment whereby accounting plays a major role by ensuring a reliable and quality accounting information to meet a credible financial status. Government evaluations and operations tend to rely heavily on accounting strategies to make decisions to stabilize their economy. (King, Beattie, Cristescu and Weetman, 2001)They set financial accounting standards boards to deal with allocation of finances and also having firms to carry out auditing and financial managements with respect to accounting theories and principles on the government revenues and e xpenditures. The government creates a platform by introducing some basic education to produce accountants with sufficient practical experience equipping them with adequate theoretical knowledge for a solid and sound reasoning when it comes financial matters in the economy. The federal government in Australia is an example of a governing institution with strategies to reform their budget. Some of economic theories focuses on; Usefulness, Qualitative characteristics/interpretational theory, assumptions/accounting structure theory Banks operates with objectives to achieve accountable services. (Watts, 1974) They are guided by accounting principles thus coming up with accounting objectives which include; Maintenance of the cash through the cash book and finding out the cash balance on any specific time in order to monitor each and every transaction in the bank, Providing some extra journals for recording non cash day to day operations for accuracy by including all expenses be it minor or major is accounted for, Having credible ledgers to account and find out the required amounts of expenses and incomes or losses and gain or payables and receivables to a have a stand on which level the bank is operating coming up with total capital at any reference cheek list in order to make sure the auditing is in a solid manner, Have cost of production calculations to have critical records between the inputs and the outputs, Assist the management panel with accounting relevant data, ratios, and report to make future predictio ns of the bank behaviour to the economy, To make clarifications about the arithmetical accuracy of the books of accounts The banks got skilled and critical knowledge accountant who are capable of achieving the above accounting objectives by providing consistent, relevant, comparable and reliable accounting information under a conceptual management framework. (Ijiri, 1968) The federal government of Australia had to perform a clear accountability on their expenditures and revenues, being guided by accounting principles so as to set a budget that is capable to increase economic development in the country. In each and every accounting strategy used the results may produce a surplus or a deficit. The government had some deficits hence they had to lay down a wise decision making on how to acquire or gain the revenue. One of the major source the government uses to acquire its revenue is through collection of taxes. Their quality characteristics and critical assumptions on their accounting strategies on how to fill the lop they introduced a levy tax to banks whereby the banks which were affected had to react b ack as their aims to achieve their accounting objectives was interfered to. A request by the bank to the government lower tax imposition and also the unhappy mood by (Mr Morrison) shows clearly that after the levy was injected to the banks their accounting would not be consistent hence relying on accounting principles on how to maintain under such environments. The federal government using precise accounting perspectives on the budget they came up with a decision to levy the banks. This was because the banks got very strong financial means or strategies to adjust when faced by a particular financial constraint. The tax revenue would pass through evaluated financial strategies following the operation of the budget in order to fulfil the required project developments and to maintain the wellbeing of each and every individual in the country.(Levy, Micco and Panizza, 2004.) Some of the issues the bank might come across include; Input of critical accounting skills on which means they should use to maintain their financial status. Some of the ways they come up with is by passing cost to the customers either by lowering the interest rates to the depositors or by increasing the interest rates of the borrowers, Also the banks which tend to behave badly to extra financial impost, the government comes up with a strategy by introducing a penalty to eas ily meet the budget projects, The banks embark itself with a competence managerial accounting workforce to usher in new ideas on how to attract customers to raise funds, The government having accountability on how the banks operate, due to competitions they are capable of predicting that the bank will source excellent means to keep its financial services to the customers friendly The government come across some issues whereby it has to address to the community concerns about the bank behaviour under well accounted arithmetic records. It also has a broader package by also playing part in sourcing government revenue with an aim of fulfilling big new promises in the budget.(Panetta, 2009) the federal government actions have affected several stakeholders such as customers who their concern is to deposit their savings for future use and borrowing loans to make investments. Due to introduction of the levy tax the initial interest on borrowing will increases to raise the funds or reduce the initial depositing rates to encourage more customers to save (Deegan, 2013). Creditors are also the stake holders who area affected by this action , creditors are organizations which fund the banks under well clearly stated financial strategies thus being forced to fund the bank with more finances to encourage the customers borrow more loans and a return with high interest they a re capable to raise the funds. The government as a stakeholder aims at providing regulations and well enabled environment to operate their business, it have to change its financial management on the banks and create means to which the bank can acquire more customers. The banks will tend to set the accounting strategies the government have used to inject a big tax to the specific banks, the banks will try to maintain its capital by using other means to raise the funds. It will come up with precise accounting measures to maintain its official standard of operation. The accounting structure theory or the classical assumption theory is one of key the theory that have motivated the banks to adhere to the action.( Hyo-Chan, 2010) The theory operate under periodicity, economic entity, monetary unit and the going concern. The periodicity will enable the banks to know its financial status on a monthly or annually basis. When it comes to economic entity we understand that activities of a business are separate from the actions of the owner thus the bank work hard to meet its objectives. Monetary unit drives the bank to dominate the financial statements in some sort of relevant numerical currency in the business. Finally the going concern motivates the bank by providing prepared financial statements assuming that the business will continue on without dissolution or threat of bankruptcy. Accountants who have adequate theoretical knowledge and sufficient practical experience manifesting accounting characteristics theory triggered the federal government to make that decision. It involves a wide usage of accepted accounting principles, logical and confirmed hypothesis. The company will have to change the pattern of accounting practices for necessary modulation and modification. Proper theoretical knowledge must be practiced in order to emerge out examinations, analysis and constant observation of decision Banks are financial institutional that make loans and receive deposits providing financial services such as currency exchange, deposit boxes and wealth management in an economy. Due to budget announcement the banks are forced to be systematic employing descriptive, evaluative and communicative theories whereby they are required to take ea ch and every transaction count that is carried out in order to have a crucial conclusion on how to stabilize the tax levy in the country. Referring to (Deegan, 2013) examples of accounting theories include; Positive accounting theory that states the contractual view of the firm bringing in appropriate accounting transactions on the real world events while normative accounting theory gives recommendation on what need to be done, Positive accounting theory enables the firm predictions on which accounting policies needed in their firms and reactions on proposed new accounting standards. Referring to the positive theory the banks tend to rely on the best accounting policies with acknowledgement to cost minimization. Descriptive theory explaining the causes and effects of day to day life. It assists us to forecast how event are treated in accounting from the study of explanations of what has been happening at a particular event. Communicative accounting theory which provide exact forecast of events giving us capability of future forecast of events. Evaluative accounting theory guides us to identify quality and quantity of any event by measuring the qualitative and quantity of the event conce rned. Inductive accounting theory examines and analyses the happenings of the past events basing on repeated experiments and inform us that similar events in future will result in similar consequences. Deductive accounting theory prepared by the method of deduction showing the future way of behaviour regarding the happening of any special phenomenon. Involving accounting strategic theories, implementation and development of accounting information provides legitimacy in generalised perceptions where the firms entail appropriate proper and desirable actions in their systems. Therefore, descriptive becomes the best theory to rely on as it describes the effects of decision made by the government to levy tax to the banks. The bank can be able to make forecast on how the event are treated in accounting be it in the long run or short run. Reference Geiger, M.A. and Ogilby, S.M., 2000. The first course in accounting: students perceptions and their effect on the decision to major in accounting.Journal of Accounting Education,18(2), pp.63-78. Shahrokhi, M., 2008. E-finance: status, innovations, resources and future challenges.Managerial Finance,34(6), pp.365-398. King, N., Beattie, A., Cristescu, A.M. and Weetman, P., 2001. Developing accounting and audit in a transition economy: the Romanian experience.European Accounting Review,10(1), pp.149-171. Watts, R., 1974.Accounting objectives. University of Rochester, Graduate School of Management. Ijiri, Y., 1968. On budgeting principles and budget-auditing standards.The Accounting Review,43(4), pp.662-667. Levy-Yeyati, E.L., Micco, A. and Panizza, U., 2004. Should the government be in the banking business? The role of state-owned and development banks. Panetta, F., Faeh, T., Grande, G., Ho, C., King, M., Levy, A., Signoretti, F.M., Taboga, M. and Zaghini, A., 2009.An assessment of financial sector rescue programmes(No. 47). Bank of Italy, Economic Research and International Relations Area. Hyo-Chan, J., 2010. Global Financial Regulation and Korea's Financial Industry: The Introduction of Bank Levies.SERI Quarterly,3(4), p.23. Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia.
Subscribe to:
Posts (Atom)