The Automotive Industry and Green Awareness Free Essays

After suffering massive market losses to foreign cars which were considered to be fuel efficient, American automotive industry has reawakened to the green awareness campaign advocated by consumers, which is represent the future of the industry. There has been increased call by the consumers for the American auto industry to develop cars which emits less green house gases to save the environment. The industry has responded by putting efforts on development of electric cars and hybrid plug-in in vehicles to adapt to the market needs and to sustain the growth of the economy. We will write a custom essay sample on The Automotive Industry and Green Awareness or any similar topic only for you Order Now Green technology presents the future and the American automotive industry must grow along this line to compete effectively in the market. With a large segment of their market lost to foreign automakers, the American auto industry and the government in general responded by taking measures to enforce a green auto industry. For example California passed a law which required 2% all the cars sold in the state to have zero emission which led to the development of the electric cars (Kilkenny, 2006). However, conspiracy between leading auto makers like Ford and the oil industry led to the mysteriously death of the car (Shnayerson, 2006). Realizing that the future of the auto industry is green, the industry has responded by investing in research and design which has seen the development of hybrid and plug-in hybrid cars, electric cars, lithium batteries which will support the future green auto industry, and various innovations in auto components. These inventions are likely to see the end of the use of gasoline powered engines which have been the leading environmental polluter. (Kaho, 2008) The future of the auto industry is green. In order to compete effectively with other auto makers in the world, and ensure the contribution to the industry to economic growth and sustainability American auto industry must continue with their efforts in the development of a green auto industry. (Globe, 2008) The auto industry green awareness is an important topic of concern to all Americans and the rest of the world. Our country is still the leading emitter of green house gases to the atmosphere and the auto industry has been one of the leading contributors to this emission. Reference: Globe, (2008): Future auto motive industry. Globe Foundation, March 2008 Kaho, T. (2008):Â   2008 Washington Auto Show: Technology and green future. GREENCAR.com Kilkenny, N. (2006): Who killed Electric Car? Accessed from http://www.reformation.org/who-killed-electric-car.pdf on 4th August 2008 Shnayerson, M. (2006): The Inside Story of GM’s Revolutionary Electric Vehicle. Random House publishers How to cite The Automotive Industry and Green Awareness, Essays

Deconstructing an accounting paradigm shift - MyAssignmenthelp.com

Question: Discuss about the Deconstructing an accounting paradigm shift. Answer: Part A: Impairment has a primary doctrine that an asset might not be carried on the balance sheet statement beyond the recoverable value, which is the greater of the fair value of the asset less cost to sell and value-in-use. The comparison between the carrying value and the recoverable value of the asset is made and the asset is impaired at the time the former is more than the latter (Bond, Govendir and Wells 2016). Any allocation of impairment is made to the asset at that point of time with the impairment loss realised in profit or loss. All assets subject to the review of impairment are tested for impairment, in which there is an indication that the asset might be impaired. However, there are different assets like infinite intangible assets and goodwill, which are tested for yearly impairment in the absence of any impairment indicator (Laing and Perrin 2014). The computation of recoverable amount is made at the individual asset level. However, an asset leads to cash flows independently of other assets and majority of the assets are tested for impairment in classes of assets explained in the form of cash-generating units (Linnenluecke et al. 2015). According to Paragraph 104 of AASB 136, the impairment loss for cash-generating unit (CGU) is realised, if the recoverable value related to the CGU is lower compared to the carrying amount of that CGU. The allocation of impairment loss is made for reducing the carrying value of the unit assets and they are followed sequentially in two steps. Firstly, the carrying amount of any goodwill apportioned to the cash-generating unit would be minimised and secondly, the other asset units pro-rata based on the carrying amount of each assets in the unit would be reduced. Such minimisations in carrying amounts need to be treated in the form of impairment losses on individual assets and they are to be realised with adherence to Paragraph 60 of AASB 136 (AASB 2014). Moreover, Paragraph 105 of AASB 136 states that for allocating impairment loss, an organisation need not minimise an assets carrying amount below the greater of three possible alternatives. These alternatives include fair value minus disposal costs, value-in-use and zero. The impairment loss amount, which would have been allocated differently to the asset, need to be allocated pro-rata to the other unit assets. Paragraph 106 of AASB 136 cites that it is not possible all the time to anticipate the recoverable amount associated with each individual asset of a cash-generating unit. Hence, this standard needs a random apportionment of impairment loss between the units assets except goodwill. This is because each asset of a cash-generating unit is involved in working together (Kabir, Rahman and Su 2017). Moreover, Paragraph 107 of AASB 136 denotes that in case, the recoverable amount associated with an individual asset is not ascertained, it might lead to two different situations. Firstly, an impairment loss is realised for the asset, in case; the carrying amount is higher in contrast to the fair value minus disposal cost and the outcomes of the procedures of allocation laid out in Paragraphs 104 and 105 of AASB 136 (AASB 2015). Secondly, the realisation of impairment loss is made for the asset, in case; the associated cash-generating unit is not impaired. This is applicable when the fair value of the asset less the disposal cost is lower in contrast to the carrying amount of that asset. For instance, a machine has encountered physical damage; however, it is still in working condition, even though the performance is not effective, as it was before. The fair value minus disposal cost of the machine is lower compared to its carrying amount. In addition, it does not fetch independent cash flows. The smallest identifiable class of assets including the machine along with fetching cash inflows independent of the cash inflows from other assets is the line of production to which the machine belongs. The recoverable amount related to the line of production depicts that such line is not impaired fully. In this case, two different assumptions could be made. The first assumption is that the forecasts or budgets that the management approved signify lack of commitment level of the management in replacing the machine. The machines recoverable amount could not be anticipated, as the value-in-use of the machine might vary from the fair value minus disposal costs and it could be ascertained for the CGU to which the machine belongs (Banker, Basu and Byzalov 2016). Hence, there is no realisation of impairment loss for the machine. Thus, it is necessary for the organisation to re-evaluate the period of depreciation or the method of depreciation related to the machine. It is recommended to the organisation to adopt shorter period of depreciation or faster method of depreciation for signifying the remaining life of the machine or the way in which the economic benefits are estimated to be consumed. The second assumption is that the forecasts or budgets that the management approved symbolise its commitment in replacing the machine by selling it in the upcoming years. The cash inflows from the continual usage of the machine until its disposal are projected to be little. In this case, the value-in-use of the machine could not be anticipated as close to the fair value minus cost of disposal. Hence, it is not possible to ascertain the recoverable amount associated with the machine (Zhuang 2016). Henceforth, there is absence of any consideration to the cash-generating unit, in which the machine belongs, which is the line of production. As the fair value less cost of disposal of the machine is lower in contrast to its carrying amount, an impairment loss is realised for the machine. Based on the above discussion, it could be inferred that when an impairment loss takes place in a CGU excluding goodwill, the loss is apportioned throughout all the assets in the CGU based on pro-rata, which is relative to the overall carrying amount of the CGU. Finally, the accounting of losses is carried out in the same way like that for the individual assets. Part B: References: AASB, C.A.S., 2014. Business Combinations.Disclosure,66, p.77. AASB, C.A.S., 2015. Investments in Associates and Joint Ventures. Banker, R.D., Basu, S. and Byzalov, D., 2016. Implications of Impairment Decisions and Assets' Cash-Flow Horizons for Conservatism Research.The Accounting Review,92(2), pp.41-67. Bond, D., Govendir, B. and Wells, P., 2016. An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance,56(1), pp.259-288. Kabir, H., Rahman, A.R. and Su, L., 2017. The Association between Goodwill Impairment Loss and Goodwill Impairment Test-Related Disclosures in Australia. Laing, G.K. and Perrin, R.W., 2014. Deconstructing an accounting paradigm shift: AASB 116 non-current asset measurement models.International Journal of Critical Accounting,6(5-6), pp.509-519. Linnenluecke, M.K., Birt, J., Lyon, J. and Sidhu, B.K., 2015. Planetary boundaries: implications for asset impairment.Accounting Finance,55(4), pp.911-929. Zhuang, Z., 2016. Discussion of An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance,56(1), pp.289-294.

Kevin Gilberts The New True Anthem free essay sample

In the critical response poem â€Å"The New True Anthem†, 1988, Kevin Gilbert challenges the Australian public about our patriotism or lack thereof. With this poem Kevin Gilbert acknowledges the fact that there is not just one single opinion of what has happened to the beautiful land that was once home to many native Aboriginal tribes all over the country. Australia’s sense of pride and admiration that is declared by Dorothea Mackellar in â€Å"My Country† is challenged and questioned by Kevin Gilbert. The issues explored in the bitter poem are a lack of patriotism for Australia and shame. A sense of apathy and lack of patriotism is illuminated for the audience by Gilbert in this poem as he criticises the Australian Public and Mackellar. The title itself, â€Å"The New True Anthem†, begins the poem with a bitter and hostile tone. Using the word ‘true’ Gilbert states his opinion from the very beginning with no feeling of remorse. We will write a custom essay sample on Kevin Gilberts The New True Anthem or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Gilbert uses this poem to patronise the Australian public and highlights how they have ruined a once great country. Mackellar’s poem paints Australia and Australians in an extremely positive light, Gilbert on the other hand writes what he believes to be the ‘true’ meaning of what people have done to the country. The use of the diction ‘love’ subverts Mackellar’s intentions in ‘My Country† and throws it back in our faces. As the poem goes on Gilbert persuades readers away from Mackellar’s point of view and towards his own understanding and opinion of a sense of pride and patriotism. Shame and embarrassment is a feeling that is plastered all over this poem by Gilbert to emphasise his feelings and emotions when it comes to Australia. Throughout the poem Gilbert struggles to fathom how Australians have been able to ‘pollute all the rivers’, and ‘graffiti’ our home, Australia. The accumulative listing of crimes and appalling behaviour throughout the anthem highlights just how terrible things have gotten. ‘Racial murder’ refers to the stolen generation and how the Aboriginals were treated when Australia was first colonised. ‘A tyranny now rules your soul’ alludes to the fact that Australia is ruled by England and how our mother country came, claimed and conquered as they didn’t want to work alongside the Aboriginals, instead were against their ‘barbaric ways’. Gilbert states that all of ‘the beaches and the mountains are covered with your shame’. The use of ‘your’ in this line purposely makes this a personal attack on the Australian public and blatantly focuses on the fact that is it our fault that what was once a beautiful country has now be ruined. As he works to evoke a remorseful feeling from readers Gilbert adds a negative connotation to the poem by basically naming and shaming anything that we have done to our home, Australia Throughout â€Å"The New True Anthem† Gilbert is judgemental and critical, however raises very true and important issues about Australia. With the effective use of poetic techniques and features Gilbert is able to create a thought provoking poem declaring important and concerning issues such as our apathy and lack thereof patriotism for our country and the shame that covers all ‘the beaches and the mountains’. Gilbert is strictly opposed to ‘what Dorothea has said’ and uses this poem to confront Australians about the error of their ways.

Mode Of Production in Marxism

Mode Of Production in Marxism The mode of production is a central concept in Marxism and is defined as the way a society is organized to produce goods and services. It consists of two major aspects: the forces of production and the relations of production. The forces of production include all of the elements that are brought together in production – from land, raw material, and fuel to human skill and labor to machinery, tools, and factories. The relations of production include relationships among people and people’s relationships to the forces of production through which decisions are made about what to do with the results. In Marxist theory, the  mode of production concept was used to illustrate the historical differences between different societies economies, and Karl Marx most commonly commented on Asiatic, slavery/ancient, feudalism, and capitalism. Karl  Marx and Economic Theory The ultimate end-goal of Marxs economic theory was a post-class society formed around principles of socialism or communism; in either case, the mode of production concept played a key role in understanding the means through which to achieve this goal. With this theory, Marx differentiated various economies throughout history, documenting what he called historical materialisms dialectical stages of development. However, Marx failed to be consistent in his invented terminology, resulting in a vast number of synonyms, subsets and related terms to describe the various  systems. All of these names, of course, depended upon the means through which communities obtained and provided necessary goods and services to one another. Therefore relationships between these people became the  source of their namesake. Such is the case with communal, independent peasant, state, and slave while others operated from a more  universal  or national  standpoint like  capitalist, socialist and communist. Modern Application Even now, the idea of overthrowing the capitalist system in favor of a communist or socialist one that favors the employee over the company, the citizen over state, and the countryman over country, but its a hotly contested debate. To give context to the argument against capitalism, Marx argues that by its very nature, capitalism can be viewed as a positive, and indeed revolutionary, economic system whos downfall is its dependence on exploiting and alienating the worker.   Marx further argued that capitalism is inherently doomed to fail for this very reason: the worker would eventually consider itself oppressed by the capitalist and start a social movement to change the system to a more communist or socialist means of production. However, he warned, this would occur only if a class-conscious proletariat organized successfully to challenge and overthrow the domination of capital.

Book Awards Open to Self-Published Books

Book Awards Open to Self-Published Books Book awards have made great strides in broadening eligibility rules to allow authors to submit self-published books. When I first began collecting information about awards for published books, many of them only accepted submissions and nominations from publishers themselves. This has changed. The following is a list of some of the many book awards that are open to self-published authors. Some of the awards are limited to authors writing in specific genres, while others have a regional focus. North Street Book Prize http://winningwriters.com/our-contests Winning Writers recently announced it is sponsoring the North Street Book Prize, aimed at recognizing outstanding self-published books. Categories for this first year are Mainstream/Literary Fiction, Genre Fiction, and Creative Nonfiction. The cost is $50.00 per entry, and the winner in each category will receive $1,500 plus a variety of marketing services. Two honorable mentions in each category will receive $250. All contestants receive a selection of helpful guides for publishing and promotion. The Foreword Reviews INDIEFAB Book of the Year Awards https://indiefab.forewordreviews.com Accepts self-published books in more than 60 categories/genres, including Fantasy, Humor, Travel, Juvenile Fiction, Picture Books, and True Crime. The early-bird entry fee is $79, plus two copies of the book, for each category in which the book is entered. The top three winners in each category receive publicity and can order stickers to put on their books. Monetary awards are given to one best â€Å"fiction† and one best â€Å"nonfiction† book. The Eric Hoffer Award for Independent Books hofferaward.com Offers awards in several writing categories, including Poetry, General Fiction, E-book Fiction, and E-book Nonfiction, as well as categories Debut-litzer Prizes http://latenightlibrary.org The literary non-profit organization Late-Night Library sponsors the Debut-litzer Prizes for a first work of fiction or poetry. Submissions are accepted from authors or publishers, and self-published works are eligible, provided the work is the â€Å"first† in the genre Thorpe Menn Literary Excellence Award http://kansascity-mo.aauw.net/events/thorpe-menn-literary-award/ Presented American Book Awards beforecolumbusfoundation.com/american-book-awards/ The Before Columbus Foundation sponsors the American Book Awards, which has no restrictions on self-published books. It is open to anyone, and there are no categories; awardees are selected solely based on literary excellence. The cost to enter is two copies of the book. While there is no monetary prize, award winners are formally recognized at a ceremony, and are given publicity through the Before Columbus Foundation website. Other awards include the Minnesota Book Awards (http://thefriends.org/events/mnba/nominations-applications/book-award-nomination/), the Brockman-Campbell Book Award (ncpoetrysociety.org/bcaward/), the Lambda Literary Awards (lambdaliterary.org/award-guidelines/), and the Hurston/Wright Legacy Award (hurstonwright.org). Although these do not have restrictions on self-published books, other eligibility requirements may apply. Please refer to award websites for complete and updated information, as well as details on entry deadlines.

Hamlet (Shakespeare Essay Example | Topics and Well Written Essays - 750 words

Hamlet (Shakespeare - Essay Example To begin with, the private life of King Claudius is revealed through his relationship with his brother, the former king. The ghost of King Hamlet informs to Prince Hamlet that Claudius had killed the former king by pouring poison into his ears. From the ghost’s visit to prince Hamlet we get to know that Claudius, the king of Kingdom of Denmark, has a dark private life that very few people if any, knows about. Killing his own brother and taking both his (the brother’s) wife and kingdom is a dark part of his life that he would not want to expose to the public whatsoever. This may explain why when he realizes that Prince Hamlet knows about it, he strives to have him killed by all means. Though he is the king, Claudius’ relationship with his nephew, Prince Hamlet, brings him out as being fearful. When he realizes the bitterness Prince Hamlet holds against him for killing King Hamlet, he fears for his life and skims to have the prince assassinated. Claudius sends the prince to England on a faked diplomatic mission but in the real sense, he is sending Hamlet to his death as he reveals, when left alone. This brings out the personal fears that the public figures have, especially emanating from their previous dubious acts. Another prominent public figure in the play is Prince Hamlet. The way the prince relate to Laertes, his potential brother in law, brings him out as a gullible character. As much as he knows that Laertes perceives him as the cause of the death of both his father and sister, he still proceeds to fence with him. Horatios warnings against tacking part in the match hit a bricked wall since he could not think of the plot that Laertes could have to kill him. As a result, he is stubbed and killed by a poisoned spear. Similarly, the prince is quit unstable in his decisions and perceptions. When his father’s ghost first appeared to him, he believed that the ghost was honest and reliable. However, he later doubts the ghost and takes

Capital Punishment Why The South Is So Dirty Research Proposal

Capital Punishment Why The South Is So Dirty - Research Proposal Example Ironically, it has come at a time when the president of the country is an African-American who was thought to have been elected without the intervention of color, race or ethnic origin. This is somewhat manifest in two households in Orangeburg, South Carolina. The white Bolen family has antique wooden clocks on the wall. Coca-cola memorabilia decorate the house. They did not watch when President Obama delivered his health-care speech on television because they believe he is a liar. The congressman representing them is Joe Wilson, the Obama heckler. Some blocks away is the Elmore home where a portrait of civil rights movement activist Martin Luther King, Jr. is prominent. Obama campaign keepsakes are all around one of which says "Yes, We Did." The Elmore family is black; so is their representative in congress, James E. Clyburn, a top ranking Democrat who initiated the moves to punish Wilson for the heckling. Orangeburg appears to be booming and is attractive to investors. In one fundr aiser for a local technical school, people were talking about race. One state senator opined that Joe Wilson's inappropriate misdeed had nothing to do with race. This local legislator who made the comment about Wilson is a white but is supported by both black and white voters. (Tucker, Philip. In S.C., One Road Divides Two Ways of Thinking. September 22, 2009. The Washington Post. [internet]. With the above-cited circumstances, it is not easy to answer any question pertaining to whether or not there is a racist divide in the south or whether or not there is bias against the blacks in that part of the United States. This can be a more particular concern if the subject of analysis is capital punishment which involves the fate of human life. Capital punishment is not imposable in all the states of America. Even in those jurisdictions where there is a statutory provision for the death penalty, carrying it out is rare. A look at the number of executions will give a preliminary guide. Thirty seven convicts were executed in 2008 in nine states broken down according to location as follows - Texas 18 Virginia 4 Georgia 3 South Carolina 3 Florida 2 Mississippi 2 Ohio 2 Oklahoma 2 Kentucky 1 Of the aforementioned thirty seven, twenty (20) or fifty four per cent (54%) were white and seventeen (17) or forty six per cent (46%) were black. All of them were men. All of the nine states included above except for Ohio are situated in the south or in the nearest south. As of the end of the year 2006, there were 3,233 prisoners with pending death sentences in thirty five (35) states and the federal prison system while there were only 3,220 such prisoners as of the end of 2007. That is a reduction of thirteen (13) prisoners under sentence of death. The United States Supreme Court reinstated the death penalty in 1976. On record from that time until date, more than