Discuss problems arising from IAS 17 Essay Example | Topics and Well Written Essays - 750 words

Discuss problems arising from IAS 17 - Essay Example Firstly, restructuring of the asset at the inception of lease treaty creates more amounts recorded in the fixed assets and decreases the asset earnings. If the current value of total future lease obligations upsurges, it affects debt equity ratios and liquidity solvency ratios. Secondly, identification of entire forthcoming lease payments as obligations may cause breaching of debt agreements causing debts to become due immediately. Similarly, reporting profits may decrease when depreciation and interest expense is more than rental expenses. This makes it difficult for the IAS 17 to be fully implemented in international accounting. What’s more, it is impossible to deduct interest expense for tax purposes. The principle is inapposite in service contracts like copyrights and patents. It is normally applicable to tangible assets. ISA 17 is irrelevant and inapplicable to the service part of the contract as the guideline does not transfer the right to use the property. Additionally, classification of a sublease into an operating lease may lead to income incongruity. Categorization of a sublease into operating lease will lead to a leaser recognizing amortization of interest expenses and their right to use the property leased (Monson, 2001). Hence, the leaser may recognize rent proceeds in a manner that is considered as evenly spread during the entire lease period (Young, 2011). The transitional leaser will, thus, incur a forfeiture due to the earlier murky arrangements previously made. Also, this mushroom from interest and depreciation that increases proceeds of operating lease in earlier periods causing a swap in later years from interest rates decreases. A situation arises under current standards where the head lease is a finance lease and sublease is operating lease, but the IAS 17 proposals will lead to arrangements to classify head lease currently as an operating lease. The staff may also not propose to adjust and amend

Alike or Different Essay Example for Free

Alike or Different Essay We can try and change ourselves, by changing our appearance, putting on makeup, wearing different clothes, jewellery, etc. But it’s not just a case of appearance, but it also involves the person underneath that mask everyone tries to hide behind. Nobody has ever tried to look at the person underneath before judging them. It’s just ego that stands in the way. What will the result be when people are stripped of all their accessories, when that mask is removed? What we get is a rollercoaster of emotions. Things that people can never guess are hidden underneath. And that’s yet another similarity, which makes mistaken judgment also put into account. Feelings are also something to look at. For example, people do get happy, angry and sad in different situations, but everyone still gets those emotions at times, regardless of reason. And everyone goes through the same life cycle, how they’re born, turn to children, then the teenage, middle aging comes after, then being old, and finally death. Everyone will face death someday. And everyone is made by God, and made of the same materials, as some believe. Everyone eats and breathes, everyone has the five senses, nobody can live without a vital organ, and no one can have supernatural powers. And these are all similarities. * A lot more people don’t believe in that saying, they believe that people differ in a lot of things, and the things that they have in common with others can be looked at from a different angle, making them into another difference. For example, everyone is a human being, but everyone is a different kind of human being, depending on personality, looks, and abilities. And the fact that everyone has a dream that is to be fulfilled can also be a difference, like everyone has a different dream and a different goal for the future. As for the life, everyone does have a life, but it depends on how they live it, and how everyone uses it that makes a difference. Besides, some people are born to have the personality to be good leaders, and others have the power and will to work hard in what they’re good at, while others don’t treasure their abilities, and instead they use it for their own good, to get the better out of things, while they cause hurt to everyone else around them. That’s an example of being and not being able to be a useful person, to not use life wisely, and another way why people are different. Some believe that people differ in how they look (both on the outside and the inside), how they react to things around them, their personality, beliefs, ethics and religions. What can also count as a difference is how everyone is raised, what they’re taught to believe, where and when they were born and who they lived with. People often adopt habits from those they live with, which can sometimes be good, and sometimes be bad. That can make a lot of differences compared to someone who was born rich, lived rich, and died rich. Another way of looking at things is people’s appearance. Some people really care about how they look, and always try to look their best at times. Some wouldn’t give that subject a second thought. Some do care, but not so much. And that’s related to both personality and physical appearance. Language spoken is also a difference. And the fact that some of us can do something that others can’t, which comes down to ability. Furthermore sometimes people have disabilities that others don’t have. Sometimes there are illnesses and diseases that run in families, and some inherit that disease and some don’t, which is another difference. If we try and list these differences they will not have an end, and just thinking would take long too. So it’s not a case of what is the same and what can be different, it’s just how people think about things in their own point of view. So regardless of what there is that can be used as an argument, and however we think the ones who think the opposite are wrong, and no matter which angle we use look at things, it all goes back to opinion, and opinions are very important. And my opinion stays the same, but what about yours? And what’s more important is to reason why we look at things from that point of view, and if we really are being fair, or if we are just judging others by what we think of them, and how we think of them. And most importantly, are we really being fair, or do we just think we are?

Final essay :: essays research papers

1.  Ã‚  Ã‚  Ã‚  Ã‚  The Clinton-Lewinsky affair is a very good example of the concentric circle model. Thinking of it in the way explained in the book, â€Å"as a pebble being dropped in still water.† That is exactly what happened in this story. The ripples were the different people that were actually involved in and knew of the story in the first place, before it got out to the public. The media’s knowledge of the story started when Michael Isikoff tracked down Linda Tripp, because of tips he received from other people. It is funny to me how the story for the media began which was because there had been rumors that Clinton had asked Monica Lewinsky to perjure, which would have been illegal. What is so funny to me about that is, when the news actually hit the public, the story seemed to change to the fact that Clinton had an affair. Which is exactly what the Newsweek and other news outlets were not interested in reporting. 2.  Ã‚  Ã‚  Ã‚  Ã‚  Internet has evolved over the last ten years. It has continually expanded and become every more a part of the media’s conglomeration. And the future of the internet is looking very good. Because technology has always surpassed itself, coming out with new and better products on an continual basis. Today the internet is accessible in most schools and children are becoming more computer literate. I believe that one day the internet will surpass all other forms of media. As more people start to become computer literate they will use the internet more. Business’s make billions of dollars a year from the internet. Allowing people to shop in the convenience of their own home has been a huge plus for these business’s. This is a very profitable venue for a business because they don’t have all the expenses of an actual store, such as employees and the physical store. 3.  Ã‚  Ã‚  Ã‚  Ã‚   The White House Press Secretary has a very unique relationship with the media. The person who has this job more than likely has an abundant amount of information the media would like to know. This goes along very well with what libertarians believe. Which is â€Å"that people are involved in a life-long quest for knowledge, truth and wisdom.† They â€Å"imagined a word of many diverse publications that there would be room for every outlook.† That, â€Å"truth-seeking individuals exchange ideas in an unstructured, free-wheeling marketplace.† And finally that â€Å"all citizens engaging in great dialogues through the media seemed naà ¯ve to some people.

Hawk Roosting

Hughes was fascinated by the ‘animism' of ancient cultures, especially American Indians. Animism is the belief that spirits live inside all the parts of nature. Hughes poem seems to conjure the fierce spirit of a kind of Hawk God. In this poem, Hughes writes in the imagined voice of a hawk. The hawk, in other words, is personified. For the sake of simplicity, I will call the hawk ‘he'. The hawk's tone of voice is proud, arrogant, he thinks of himself as master of his world. Indeed, like a God, he has power over life and death.His whole life is spent either being in ‘sleep' or hunting for prey. And even when he is asleep he dreams of mastering his hunting and killing technique. The physical description the hawk gives of itself, ‘Between my hooked head and hooked feet', confirms this obsession. Its weapons, the hooks, are the things that matter most to the bird. The hawk says that he has no ‘falsifying dream', nor any ‘sophistry' within himself, and that ‘no arguments assert' his rights. Sophistry means false, but clever arguments.In other words then, unlike humans, the bird is free of rules and regulations, it does not have to justify itself to anything or anyone. Imagery Hughes achieves some of his effects in this poem by changing the scale of things. The small hawk imagines itself to be as big as a God: ‘Now I hold Creation in my foot Or fly up and revolve it slowly. ‘ It is as if the world is only spinning because the hawk's claw turns it looking for its next victim. Form The poem is set out in six equal, four line stanzas. Unlike ‘Work and Play' there is no development or change in form at the end of the poem.Why not? Because the Hawk will not allow change/does not want change. It is happy with the way things are arranged. The world of the hawk is ordered, neat, efficient, controlled, and the form of the poem matches those qualities. The lines are fairly short and many end with full stops. For insta nce, the four statements, of apparent facts, in the last stanza all end with full-stops. Do the full-stops suggest ends, finality, death and in this poem certainty? Certainly the factual tone and the end-stopped, full-stopped lines suggest the hawk would not put up with any arguments.The combined effect is menacing. Summary Subject: Hughes personifies a hawk. He describes it as a survivor and a killer. He compares the hawk's freedom to act on instinct with the way we are ruled by thoughts, arguments and regulations. ATTITUDE : The hawks' attitude is arrogant; its tone is menacing, confident, absolute, and boastful. The hawk sees itself as like a king, or a god or an executioner. Hughes's attitude is more difficult to tell. He leaves the poem open for the reader to decide on how to react to this fierce spirit.Could we just laugh at the small hawk's grand deluded view of itself? Style Almost every image refers to the hawk's control and confidence. Everything revolves around the hawk. Look at the number of times ‘I', ‘me' or ‘my' is used There are lots of short, factual sounding statements in the poem, and a lot of full-stops. These help to convey the bird's certainty. Hughes appears to be using the hawk in this poem as a symbol for power. A hawk would of course act instinctively and kill for the purposes of survival.The implications of â€Å"Hawk Roosting† are therefore that the poem is an extended metaphor for the behaviour of a tyrant or power-seeking ruler. Such a person would, as the hawk is in this poem, be self-centred and arrogant. An authoritarian despot would not allow himself or his methods to be questioned, and would see the world around him as being designed to suit his purposes. Ted Hughes, in â€Å"Hawk Roosting,† paints a picture of a creature that is ruthless and self-involved, showing how a lust for power can take over a being and end in brutality. STRUCTUREThe structure of the poem is regular, with verses of four lines each and similar length lines which creates a feeling of tight control that adds to the theme of power and perfect balance in the hawk. The punctuation is equally tight, with many sentences contained within the line, which gives an abrupt, sharp, controlled feel. However, there is some enjambement which breaks free of the stanza to run across the line break, as if the hawk can disregard the rules, creating a flowing effect as he lists his powers. THEMES – IMAGERY Many nature poems deal with the beauty of nature and God’s power as creator.This poem subverts these expectations. Here, nature is brutal: it ‘kills’ and ‘eats’. What’s slightly disturbing is that the hawk views these as ‘perfect’ and ‘rehearses them’. This almost gives the feel of a psychopath, yet he is only fulfilling his natural function. The repetition of ‘hooked’ from his head to his feet creates a feel of being captured, evok ing his sharp, deadly beak and claws. These are the parts that the hawk emphasizes when he describes himself. The hawk deals in ‘death’. Hughes uses the metaphor of the bird flying direct ‘through the bones of the living’.The uneasy juxtaposition of bones with living creates an unsettling effect, and makes the bird seem almost supernaturally powerful: as if he exists beyond this one moment in time. The voice of the bird displays god-like arrogance [hubris]. He judges that earth ‘holds itself upwards for my inspection’, as if the world only exists for his benefit. The Hawk frequently uses ‘me’ and ‘my’, which shows a possessive, self-focussed streak. He says he holds ‘Creation in my foot’. This is a literal, visual image of the bird in flight and the earth seeming small below, but also a metaphor of power.Hughes deliberately subverts [turns upside down] traditional nature poems on the majesty of creation. T he hawk lists natural features: ‘sun’, ‘air’ and the ‘tree’, which he thinks exist only in as much as they are of ‘advantage to me’. He also says it took ‘the whole of Creation’ to produce his ‘feather’ and ‘foot’: the juxtaposition of something so huge and old, and biblical against a tiny foot/feather, shows how magnificent the bird thinks he is: as if he is the reason creation exists.This is interesting because it twists the traditional anthropocentric world view (i.e. humans are the peak of creation, the whole point of it all), that is set down in Genesis. When he flies up he says he will ‘revolve’ the world slowly – as if he is making it turn. He gives the gift (‘allotment’) of death, which is an ironic juxtaposition as no one would want to receive this gift. It is as if he’s the god of death. He says he has ‘permitted no change’ and end s with a final, simple declarative statement ‘I am going to keep things like this’. The use of ‘am’ stresses his power. He doesn’t say ‘will’ or ‘might’; he’s certain.

Marie is a 13 year old female

Marie is a 13 year old female, who, along with 2 adults (both age 18), staged a kidnapping of a 13 year old girl in Marie’s class. They tied and gagged the little girl to the kidnapping spot. Should Marie be brought to trial as a juvenille or tried in an adult court? Is Marie classified as a juvenile offender? To answer these questions we will look at what classifies a juvenile offender, offenses that constitutes juvenile tried as adults, criminal intent surrounding Marie’s case, what sentencing guidelines should be considered and what treatment conditions should be made.It is a sad fact that people of all ages commit crimes, yes, even children under legal age of adult hood which varies from state to state. Because of this â€Å"juvenile† court systems have been designed to â€Å"sentence† those who are too young to be tried as an adult. Those juvenile that commit crimes usually are tried before a special the juvenile court and receive their punishment. Ho wever, some juvenile are committing adult crimes and therefore should be charged as adults. When these cases arise a juvenile offender can be waived from juvenile court to adult court if the offense was â€Å"adult† enough.Usually a wavering processing has to be conducted via the procecustor. However, many states have laws allowing prosecutors to file adult charges against juvenile offenders for serious offenses without applying for a waiver (www.expertlaw.com). In addition, many states have seen the need to eliminate some serious offensives from juvenile court. Because of their severity; offenses such as capital crimes, murders, and other offenses against persons will be tried only in adult courts.According to www.co.san-joaquin.ca.us, those adolesants at least 14 years of age can be tried and sentenced to as an adult form a number of felonies. These felonies include: murder, attempted murder, arson, robbery with a deadly or dangerous weapon, various forms of rape, kidnappin g, and carjacking. It is vital to point out that under most state laws, juvenile offenders do not commit crimes, they commit delinquent acts that some would constitute as crimes in committed by adults.With the understanding of juvenile offenders and what offenses permit a juvenile to be tried as an adult, should Marie be tried as an adult for her involvement in the kidnapping of her classmate? In my opinion, yes Marie should be tried as an adult. As a juvenile offender tried as an adult she will have the legal protection as adult’s defendants: right to an attorney, the right to remain silent, and the right to confront accusers, cross-examine witnesses and appeal to a higher court.According to the legal dictonary criminal intent is a mental desire and will to act in a particular way. Marie's intent was plotting with the adults to kidnap her classmate. Because juvenile are not â€Å"sentenced† even when tried as adults, instead they are rehabilitated, Marie should still face a juror of six adults. Her past history with the juvenile system, opportunity of reform, seriousness and her involvement in the kidnapping as well as how the public’s safety will be affected if she is not locked up should be considered in the guidelines of the sentencing of the case.Treatment consideration should be provided to the court as a rehabilitation program such as a detention center or â€Å"boot camp†. Even if this is her first offense, it is clear by her involvement in this crime that she is headed down the wrong path and redirection is in order. It is known by adult court judges that the adult prisons offer little in the way of rehabilitation, counseling, or schooling. Therefore rehabilitation is mostly likely the route the juvenile would get.A rehabilitation center would provide her the maximum security training schools operated by state governments or non-profit organizations. In these facilities she would be placed through a rigorous program of educ ation and counseling. Marie should not be sent to an adult prison, as a 1996 study of children sent to an adult prison were 1/3 more likely to commit crimes when released than those who were sent to a rehabilitation center (Juvenile Justice).   If she is transferred into a boot camp, she would be involved in a military style regimen or hard work, calisthenics and discipline (Kresnak, pg 04). According to Jack Kresnak, the purposes of these camps are imposing structure into their chaotic live.Even though I have suggested and support Marie being tried as an adult for her involvement in this terrible crime and refer her to obtaining rehabilitation for her actions, this is not saying that juveniles are not sentenced to pinion. In retrospect, www.expertlaw.com was quick to point out that many states have large juvenile prisons and treatment facilities. It is highly understood that some juvenile offenders are extremely dangerous and despite their age incarceration can and should be appr opriate for them. It is also vital to know that if tried as a juvenile, these juvenile offenders are not offered the same guidelines as adults.They have no constitutional right to a jury trial, and do have a right to a public trail or bail. The purpose of juvenile trail is to rehabilitate not to punish. That is why I stand firm on my ground that Marie should be tried as an adult. She committed a crime and being tried as an adult will ensure that she is â€Å"scared† into the proper social behavior.However, the only problem we foresee in her being tried as an adult is that Marie is only 13 years of age. Most states as we have read allow children as young as 14 to be tried as an adult for various felonies, because of this legal catch, can we still have her tried as an adult? Yes, in the state of Colorado according to http://www.state.co.us/gov_dir. â€Å"a juvenile 12 or 13 years of age and is alleged to have committed an act that if committed by an adult would constitute a Cl ass 1 or 2 felony or crime of violence as defined in section 18-1.3-406, C.R.S.† can be tried as an adult.Because of this law in Colorado I conclude that Marie should be tried as an adult for her involvement in the kidnapping of her classmate and sentenced to a rehabilitation center or boot camp. In either place, she will gain the educational and discipline to become a better citizen and well rounded person and hopefully become reformed enough to play an active, good moral role in our society upon her completion of the program.Refrences:When a Child can be tried as an adult, A publication of the office of Legilaive legal services. August 30, 2005.       https://www.expertlaw.com/library/criminal/juvenile_law.htmlCriminal Law: Juvenile Criminal Cases. 1999 National Report Series, Juvenile Justice.    Bulletin: Juvenile Justice: A Century of Change: December 1999.      Kresnak, Jack. Chapter 2, Juvenile Justice.http://www.justicejournalism.org/crimeguide/chapter02/chap ter02_pg04.html