Declaration of Independence Summary free essay sample

The revelation of Independence was set up on July fourth, 1776. The revelation came over a year after the episode of the American Revolutionary War. It made the thirteen American settlements at war with Great Britain free states and not, at this point under the British monarchial rule. Thomas Jefferson was picked by John Adams to compose the first draft of the presentation in which congress would finish it. The announcement clarified why the American settlements decided on July second to pronounce autonomy; it would legitimize the freedom of the United States because of its complaints against King Georg III and its entitlement to revolt. The presentation of Independence stated the privileges of the American settlements to pick up autonomy as binds with a once controlling nation are not generally to the greatest advantage of the country. It is the normal law of the individuals to administer themselves. It likewise gives the American individuals the privilege of transformation. We will compose a custom article test on Affirmation of Independence Summary or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page This gives all individuals the common option to revolt if a legislature has disregarded their terms of rule. The affirmation of Independence additionally gives normal rights to American residents. It expresses that all men are made equivalent with the privilege of â€Å"life, freedom and the quest for joy. † To administer these rights an administration will be made and in the event that a legislature gets dangerous and quits carrying out their responsibilities, at that point it is the privilege of the individuals to adjust of abrogate them. Another administration must be set up to run the nation. The last area of the statement alludes to the charges of King George III. They all allude to him disregarding the colonist’s rights and accordingly should no standard them. The King raised expenses, abused the privileges of the individuals and deterred the organization of equity. The assertion expresses that when they have experienced all prospects and all alternatives attempted, with the oppression of the ruler he should be expelled and it is their given right.

Italian Renaissance Art Essay Example | Topics and Well Written Essays - 1000 words

Italian Renaissance Art - Essay Example Neo-Platonism looks for the presence or connection of the perfect or The One in the human life. This is the thing that renaissance craftsmen, for example, Botticelli, Leonardo, Raphael and Michelangelo are attempting to portray through moral stories in their specialty. Botticelli, to begin with, was one of the early craftsmen to reflect neo-Platonism in his works. He utilized images and figures from pre-Christian convictions to pass on neo-Platonist thoughts. Take one of his artistic creations for instance, the Primavera which deciphers as spring. This composition incorporates nine figures from Classical folklore. On the middle is Venus combined with Cupid. On their privilege are Zephyr, Chloris and Flora and on the left are Mercury and the three graces. The figures on the privilege speak to the happening to spring, nature and its magnificence. As opposed to that are the figures on the left which speak to reason and the joys of human life. These are two unique focuses which fits on the inside figure. Being a main player of neo-Platonism in craftsmanship, Botticelli’s strategies are yet to be created. The images he depicted are exacting and, for the informed and tip top, excessively self-evident. Be that as it may, even now he has just characterized the fundamentals for neo-Platonism, the combination nature and beauty. At that point came Leonardo da Vinci and Raphael. The two of them relate thoughts in their own specific manner. Leonardo concentrated on structure and Raphael on summoning feelings. Leonardo is referred to on our time as an innovator and a researcher, and these characteristics can be seen through his specialty. He was an ace of extents, concealing, profundity and methods of making his work look â€Å"real†. Indeed, even outside of the standard of excellence as long as his work looks alive, for him, accomplishes the concordance of neo-Platonism. Raphael took it further by including and inspiring feelings through his works of art. He was additionally intrigued with theory which shows that he is a craftsman as a researcher. This is seen on School of Athens which shows Plato and Aristotle alongside different logicians. On this work of art, Plato is seen pointing heavenward clarifying the realities of the universe while Aristotle focuses descending expressing the general public and the perspectives on the world. Them two are directed by the sculptures of Apollo and Minerva, guaranteeing truth and shrewdness individually. Towards the finish of the renaissance there came the gathering purpose of agnostic convictions and the Christian societies. This was when Michelangelo lived and experienced neo-Platonism all in all. Not as visual parts nor as philosophical portrayals yet as its whole. In any case, this likewise implied the end for neo-Platonism for Michelangelo acknowledged otherworldliness towards the end. His portrayals and the change can be seen on the works of art on the Sistine house of prayer. On the prior compositions like The Creation of Adam, his enthusiasm on the magnificence and style is evident. His verse additionally mirrors his confidence in the awesome source of magnificence. Be that as it may, through time and the impact of the Roman Catholic Church, Michelangelo lost his enthusiasm for physical magnificence and no longer put stock in its portrayal of profound greatness. Later artwork shows progressively Christian portrayal loosing subtlety and elegance. He in the long run completely lost his advantage and chose to no longer paint getting liable of his adoration for physical magnificence. In a manner this was the finish of neo-Platonism for Italian renaissance craftsmanship. 2. The shared factor among Della Francesca, Alberti and Mantegna are their commitment to the point of view part of renaissance works of art. Every ha callings other than being craftsman and this assortment of mastery made the improvement conceivable. Della Francesca, beside being a craftsman, was a mathematician. He contemplated and composed books which included number juggling, polynomial math and geometry. One of his books is the On Perspective for Painting. He additionally made advancements on strong or three-dimensional

QUIZ Is it Plagiarism

QUIZ Is it Plagiarism (24) At its core, plagiarism is the unauthorized use of information from another person’s work without crediting that person correctly.   Committing plagiarism in your paper, whether intentionally or accidentally, can lead to serious consequences for your grade and academic career. By backing up your ideas with credible sources, you can easily avoid the trap of plagiarism, and promote further research on your topic. To help people find your unique perspective and to create consistency throughout your work, it is always a good idea to use a specific, standardized citation style (for example, APA format and MLA style). While it is seldom discussed, it is also possible to commit self-plagiarism. It is tempting to think that since you have written material on a topic before, that work can be repurposed at will without any citations. This is poor writing ethics, however, and should be prevented as much as possible. Copyright infringement is also a common outcome of self-plagiarism. When an author publishes something like a scholarly article, the copyright is often given to the research journal that the article was originally published in. Repurposing this work and publishing it somewhere else without referencing the original could violate the copyright agreement and cause legal issues. Including accurate citations in your paper not only prevents you from committing plagiarism, but also makes you a better writer and researcher. Proper citations demonstrate a breadth of your reading and dedication to the project itself. By creating citations, you will be compelled to make connections between the sources you are using and to discern research patterns. So, think you know how to identify plagiarism like a pro? See if you can beat a citation expert by answering all of these questions correctly! Decide if each of the following scenarios is an instance of plagiarism. .wq-quiz-17976 { --wq-question-width: 100%; --wq-question-color: #009cff; --wq-question-height: auto; --wq-bar-color: #00c479; --wq-font-color: #444; --wq-background-color: #ecf0f1; --wq-title-size: 20; } 1. Taking information from an outside source and presenting it as your own. Yes, it's plagiarism. No, it is not plagiarism. Correct! Wrong! This is the basic definition of plagiarism. 2. Examining the works of others to gather information for your research. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! Using outside sources in your subject area is being a good researcher! Just make sure to cite your sources. Learn how to do a works cited page here. 3. Making use of the works of others to support your own ideas. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! You can feel free to use others’ information or ideas to support your own, as long as you cite them correctly. 4. Using the same essay you wrote for one assignment and handing it in for another assignment. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! This is called “self-plagiarism.” 5. Taking a large block of text from a source, changing one or two words, and putting it in your paper with a citation (without quotation marks). Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! Using too many words from the original source is plagiarism, even if you provide a reference. Instead, you can quote or paraphrase the source with a citation. 6. Copying a diagram from a website and including it in your paper with a citation underneath. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! Not plagiarism. This is acceptable in most citation styles, but check your manual for more information. 7. Using the work of another student to create your own paper. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! Yes, it's plagiarism! Even though another student may not be a published author, their work is still their own. 8. Having someone look over your paper and discussing how to improve it. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! No, it's not! It’s always a good idea to get another pair of eyes on your work before handing it in. Just be sure that the ideas you include are still your own. 9. Using data an author presents from a different author, but not citing the original work. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! You must cite the work where you found the data, as well as the original source of the data. 10. Including information from a personal communication, like an email, without providing a citation. Yes, it is plagiarism. No, it is not plagiarism. Correct! Wrong! Personal communications like texts and emails must be cited just like any other source if you’re using information from them in your paper. Is it Plagiarism? You are a Newbie! (^_^) While you may know the basics of plagiarism, you might have more to learn. Try reviewing the information and try again! You are a Learner! (^_^) You have a good grasp of plagiarism fundamentals. Brush up on the details and you’ll have mastered the concept! You are a Scholar! (^_^) You have advanced knowledge of plagiarism and how to prevent it. Continue to learn about the topic and you’ll have mastered it in no time. You are a Master! (^o^) Plagiarism is no match for you! You know how to identify and prevent plagiarism like a pro. Share your Results: Facebook Twitter VK

The Power of Uncle Toms Cabin by Harriet Beecher Stowe

Do you have dreams? Do you think that dreams that manifest into actions can change the status quo? Do you think one person can change the world? Robin Williams once said: No matter what people tell you, words and ideas can change the world. â€Å"This quote in many ways illustrates what Harriet Beecher Stowe wanted to accomplish with her novel Uncle Toms Cabin. The anti-slavery novel was published in 1852 and according to Will Kaufman â€Å"helped lay the groundwork for the civil war.Stowe was an active abolitionist but her true profession was a being a teacher in Connecticut, where she was born and raised. The novels main character is Tom, a slave who has gone through much suffering during his life and whose story the other characters revolve†¦show more content†¦These things aided the North along with Stowes novel in the wins and ultimate defeat of the south in the civil war. Without the aid of Stowes novel the North would have had fewer volunteers for the union army bec ause the North was mainly unaffected by the Souths succession. Stowes novel had a great impact on the political world. The novel empathize the horror in slavery and racism. It helped illustrate and bring to life the need to stop slavery to people who didnt necessarily know how slavery worked in the real world instead of theory. Abraham Lincoln upon meeting Stowe said So youre the little woman who wrote the book that started this Great War. Stowes book demonstrated the cruelty of plantation owners illustrating them as mean, nasty men such as Simon Legree. Legree a northerner by birth moved to the south. Is arguably the main antagonist of the Uncle Tom’s Cabin. His main goal throughout the novel was to break Tom’s strong Christian faith through harsh treatment and savage beatings. He later in the books orders to have Tom whipped to death because he refuses to tell him where Cassie and Emmeline have ran off to. This forced the public to become aware of the harsh treatment of slaves and the brutality of the fugitive slave law. With th e help of the novel many northerners aided slaves in escaping north to CanadaShow MoreRelatedSummary Of Harriet Beecher Stowe s Uncle Tom s Cabin 1124 Words   |  5 Pages FINAL PAPER: Harriet Beecher Stowe Bertha Hernandez History 1301: United States History Dr. Jahue Anderson July 2, 2017 Slavery will always be one of the most inhuman acts of today’s history. African American men and women had no way of life, being taken from their social and cultural lives. Food was scarce for slaves and they were lucky to grab a bite to eat. On the route to the America’s from the west coast of Africa, many of them died from starvation, disease, lack of space andRead MoreFiction in Uncle Toms Cabin by Harriet Beecher Stowe1477 Words   |  6 Pagesentertain. It has the power to change history. It can even inspire even the meek and timid into acts of courage. But it also has the power to advance agendas filled with hate. One of the greater uses of fiction’s power is Uncle Tom’s Cabin. Uncle Tom’s Cabin in the era leading up to the American Civil War, which made a lasting impact for years to come, and hit many different characteristics of nineteenth century American beliefs. Harriet Beecher Stowe released her novel Uncle Tom’s Cabin in 1852 and itRead MoreHarriet Beecher Stowes Uncle Toms Cabin Essay1314 Words   |  6 Pagesentertain. It has the power to change history. It can even inspire even the meek and timid into acts of courage. But it also has the power to advance agendas filled with hate. One of the greater uses of fiction’s power is Uncle Tom’s Cabin. Uncle Tom’s Cabin in the era leading up to the American Civil War, which made a lasting impact for years to come, and hit many different characteristics of nineteenth century American beliefs. Harriet Beecher Stowe released her novel Uncle Tom’s Cabin in 1852 and itRead MoreAnalysis Of The Novel Uncle Tom s Cabin 1345 Words   |  6 Pagesnovel was taken seriously as a woman’s novel. Uncle Tom’s Cabin was very influential in that time period, and still is today. The novel is commonly noted as a big influence that began the Civil War, and people still refer to it today. Uncle Tom’s Cabin is used very commonly today as a reference to slavery and the time period, and in many literature courses throughout high school and college. It is also stated in this critique that, â€Å"As a woman, Stowe had no hope of making a statue† (Annette Gordon-Reed)Read MoreAnalysis of Uncle Toms Cabin, by Harriet Beecher Stowe Essays791 Words   |  4 PagesAnalysis of Uncle Toms Cabin by Harriet Beecher Stowe Uncle Tom’s Cabin, by Harriet Beecher Stowe, is arguably the most influential novel in American History. Stowe’s sentimental writing style seized the imagination of her readers and Uncle Tom’s Cabin became the standard of the abolition movement. Uncle Tom, one of the protagonists, spreads Christianity and dies for his faith, like Christ. By equating Uncle Tom with Jesus Christ, Harriet Beecher Stowe deliberately provokes her audience to socialRead MoreUncle Toms Cabin Analysis1255 Words   |  6 Pagesâ€Å"Uncle Tom’s Cabin†, was written by Harriet Beecher Stowe and published in 1852. Stowe’s purpose for writing â€Å"Uncle Tom’s Cabin†, was to depict the lives of African Americans that are enslaved to whites in hopes to bring about change and encourage abolition protest. Uncle Tom was portrayed as a Godly man with a good heart it was meant show that slaves are just as human as whites, and that slavery should be saw as inhuma ne and unjust. There are several important concepts that are alluded to, but slaveryRead MoreEssay about Uncle Toms Cabin and the Grief of Harriet Beecher Stowe3451 Words   |  14 PagesAuthor and abolitionist Harriet Beecher Stowe grieved over death as both mother and child. When she was only five years old, her mother Roxana Foote Beecher, died of tuberculosis. Later at age 38, she lost her infant son Charley to an outbreak of cholera. Together these two traumatic events amplified her condemnation of slavery and ultimately influenced the writing of one of Americas most controversial novels, Uncle Toms Cabin. On June 14, 1811 Harriet Beecher Stowe became the seventh childRead MoreNo Good Slavery Harriet Stowe’s Novel, Uncle Toms Cabin 1946 Words   |  8 Pagesproblems and difficulties that society had), and the way that the creator of the art felt towards those problems and difficulties. Harriet Beecher Stowe was an American abolitionist who wrote the famous fictional novel, â€Å"Uncle Tom’s Cabin.† Her views as an abolitionist, and the state of the South during her time were substantial factors in her creation of art. Uncle Tom’s Cabin was influenced by the current state of the South along with the abolitionist movement, and it exposed the horrors of slavery toRead More Harriet Beecher Stowe’s Uncle Tom’s Cabin Essay3155 Words   |  13 PagesHarriet Beecher Stowe’s Uncle Tom’s Cabin Harriet Beecher Stowe’s Uncle Tom’s Cabin may never be seen as a great literary work, because of its didactic nature, but it will always be known as great literature because of the reflection of the past and the impact on the present. Harriet Beecher Stowe seemed destined to write great protest novels like Uncle Tom’s Cabin: her father was Lyman Beecher, a prominent evangelical preacher, and her siblings were preachers and social reformers. Born inRead MoreUncle Tom s Cabin By Harriet Beecher Stowe901 Words   |  4 PagesHarriet Beecher Stowe’s Uncle Tom’s Cabin was a story that described the real life plight of an American Slave. Kentucky farmer George Shelby amassed enormous debts and faces the possibility of losing everything he owns. To settle his debts he makes the decision to sell two of his slaves, Uncle Tom and Eliza’s son Harry. Eliza is a young, beautiful quadroon girl who George Shelby’s wife took on as a daughter. Eliza overhears a conversation between George Shelby and his wife concerning the impending

William Shakespeare s Othello And Hamlet - 1721 Words

Keana Cowden ENGL3563-100: Shakespeare Katherine Eggart 16 November 2015 Insert Title here An Elizabethan woman can be characterized as one that is submissive and subservient to men. William Shakespeare utilizes this type of woman when he wishes to show his audience the cruel nature of men. In both of his tragedies, Othello and Hamlet, Shakespeare presents cruelty in the form of male domination, where most of the time, the women are undeserving of ramifications such as death. When a woman in a Shakespearian play breaks the stereotype of the Elizabethan woman, as Olivia does in Twelfth Night and Gertrude does in Hamlet, she is deemed cruel, when in actuality, she has done nothing to deserve that title. This shows that regardless of whether or not a woman is submissive, she suffers the consequences of being victimized by the cruelty of her male counterpart, simply because of a mans â€Å"ego†. By the â€Å"ego†, I mean the culture and upbringing of Elizabethan men that causes them to act in the irrational ways that Shakespeare suggests. These men are afraid to lose control of their women and their power, so they lash out and the women closest to them suffer. By examining Hamlet, Othello and Twelfth Night, we can see that the cruelty bestowed on to women yields a more dire consequence than deserved. Let us begin by looking at who the perpetrators of these unjust acts of rage are. First, we have Hamlet, the tortured Prince of Denmark, who’s conniving uncle ClaudiusShow MoreRelatedAnalysis Of Shakespeare s King Lear, Hamlet, Othello And Macbeth1206 Words   |  5 PagesEnglish 3.7: Achievement Standard 91478 Introduction Shakespeare was an English poet, playwright, and actor. Through analysing four tragedy texts by Shakespeare, I have noticed he uses the fall of the main character as the primary focus in his tragedies as this creates good suspense and climax as an added attraction for the audience. A Shakespearean tragedy, is a five-act play and they usually revolve around a similar idea of conflict. This is the Internal and external Conflict within the characterRead MoreWilliam Shakespeare s Hometown Of The English Language And The World s Best Dramatist1266 Words   |  6 Pages Although many knew him as a keen businessman in his hometown of Stratford, William Shakespeare is recognized as the greatest writer in the English language and the world s best dramatist. (www.goodreads.com) He wrote hundreds of songs, plays, books, and poems. During his time, his plays were well under-appreciated and a lot of his work did not appear until seven years after his death. Without Shakespeare, the English lang uage would have never expanded at the rate it did, erasing many common wordsRead MoreWilliam Shakespeare s Romeo And Juliet, King Lear, And A Midsummer s Night Dream1037 Words   |  5 Pagesof Avon, commonly known as William Shakespeare is one of the best known playwrights in the (Video). A few of his most famous plays include Hamlet, Romeo and Juliet, King Lear, and A Midsummer’s Night Dream (McArthur). Although he was popular during his time, Shakespeare’s influence continued to grow after his death and today he well known around the world. He added 2,000 words to the English dictionary and he is the 2nd most quoted after the Bible (Video). Shakespeare is one of the most influentialRead MoreWilliam Shakespeare s Influence On The Course Of World History1440 Words   |  6 PagesWaldo Emerson, a famous essayist inspired by Shakespeare’s works. William Shakespeare was a renowned author, poet, actor, and playwright. He has contributed to many components of lif e today such as; founding modern English language, contributing to literature, contributing to modern theater, and contributing many of his works to modern English. William Shakespeare has greatly impacted the course of world history. William Shakespeare was believed to be born on April 23,1564, in his hometown of Stratford-upon-AvonRead MoreIago : The Master Manipulator1194 Words   |  5 PagesSkyler Lester ENG3UE Tipping December 12, 2015 Iago: The Master Manipulator Iago is known as one of the most well known characters in Shakespeare s Othello because of his interesting colourful dialogue, his unknown goals and motivations, and his ability to brainwash with words. It is certain that Iago has the ability to use his silver tongue to brainwash even the highest minds, but what is more important is the fact that he chooses to do this to benefit himself, and himself only. Iago is a classicRead MoreWilliam Shakespeare s A Good And Lasting Legacy822 Words   |  4 PagesWilliam Shakespeare William Shakespeare left a good, lasting legacy that we see almost every day and we don t even know it s there. A legacy is something that you leave behind weather good or bad, Shakespeare s left a legacy of books and being thought as one of the greatest writers in the world. In William’s life he created many pieces of literature and words that people use everywhere today. We may not know a whole lot about William Shakespeare’s life but we can see that he was a veryRead MoreHamlet, Prince Of Denmark1869 Words   |  8 Pages ABSTRACT I, with all my interest and will decided to do my term paper on one of the most controversial yet diversely analysed work of literature that is Hamlet, Prince of Denmark written by the ever greatest man in history of English literature, William Shakespeare.The aura of this play is not at all questionable. The essence it captures down throughout every single scene and dialogues is undeniably recommendable. But in spite of these the play, accordingRead MoreSummary Of The Prince During The 1500 S1622 Words   |  7 Pages sounds like a good trait to have. However, characters that are true Machiavellian’s believe that the end justifies the mean, making them the worst kind of villain. Nicolà ² Machiavelli was most famous for writing the essay The Prince during the 1500’s, which emphasized the need for stability, rather than fairness. The text was written as a guide to keeping power above all else. As Machiavelli has proved to be both repellent and enticing, the message of his essay has often been misinterpreted. TheRead MoreDoes Othello Meet The Standards Of A Tragic Hero?2171 Words   |  9 Pages2015 Does Othello Meet the Standards of a Tragic Hero? William Shakespeare is considered one of the greatest play writers who ever lived. Students throughout the United States continue to read his sonnets and plays today. His style of writing and his use of metaphors are what truly make him a great writer. Shakespeare wrote many comedies such as A Midsummer Night’s Dream, Much Ado about Nothing, and The Taming of the Shrew. Shakespeare also wrote many tragedies such as Macbeth, Hamlet, and RomeoRead MoreDefining The Terms Renaissance And Humanism875 Words   |  4 Pagesscientific and artistic transformation and advancement between the Middle Ages and the early stages of the Modern age in Europe (2014). In the New World Encyclopedia article â€Å"Humanism†, Humanism’s scope primarily focuses on human beings: human being s place in relations to nature, human potential, human beauty, etc. etc. etc. (2014). 2. Who were the Medici’s? The Medici family dynasty comprised of former bankers and commerce men who became powerful rulers (four members of the Medici family went on

Working with Financial Statements Free Essays

Working with Financial Statements Accounting is the heart and soul of executing a successful business. Accounting is used to provide record for all items that are paid and received for a business over any period of time. Within the purpose of accounting lies the need to provide continuity and sustainability within a business, without it a business will not thrive. We will write a custom essay sample on Working with Financial Statements or any similar topic only for you Order Now The information obtained is kept on record, in order to give insight to upper management on data concerning the daily revenue and expenses of that business. This data is needed to not only inform the employees of the business, but also the investing parties of that business as well. Success in business is equated to being accountable of all aspects of revenue and expenses. To help aid in the understanding of the practice of accounting, Team A will discuss the subjects of revenue and expense recognition principles. We will also discuss the importance of journal adjustments that are prepaid, unearned, and accrued for both revenues and expenses over time. Each item discussed helps provided and maintains a balance for the completion of a financial statement. If entered correctly, the all entries used will provide a clear picture of the account efforts of any business. The Revenue Recognition and Expense Recognition Principle Being able to account for a business’s revenues and expenses in a certain accounting period is difficult to determine. To do it correctly, one would need to understand two principles that set the standard; the revenue recognition principle and the expense recognition principle. In chapter 4 of our textbook Financial Accounting Tools for Business Decision Making, it states â€Å"the revenue recognition principle requires that companies recognize revenue in the accounting period in which it is earned. In a service company, revenue is considered to be earned at the time the service is performed. † Therefore, the definition is that it is only to be recorded when the items sold where the profit can be estimated reliability and when the amount is recoverable. What tells the revenue to be recognized and to ignore when the cash inflows occur is when the account will use the accrual basis of accounting. An example to illustrate revenue recognition principle is when a phone company sells talk time through scratch cars. There is no revenue to recognize when a customer purchased the scratch card. The revenue is recognized when the customer has made the call and actually consumed the talk time. The expense recognition principle is defined in the same chapter as, â€Å"The principle that dictates that companies match efforts (expenses) with results (revenues). † They provide a simple rule to remember as â€Å"Let the expenses follow the revenues. † which would indicate how the expense recognition goes hand and hand with the revenue recognition. To illustrate that, we could say it is sales commission owed to an employee because it is based on the total of a sale. In the same accounting period as the sale, the commission expense is when it should be recorded. At the same time, the sale is recognized and expensed when the cost of inventory is delivered to the customer. That is when the commission expense should be recorded in the same accounting period as the sale. That would be the example of the matching principle is associated with the cause and effect of accounting. Situations That Require Adjusting Journal Entries Adjusting entries are grouped as deferrals and accruals and each has two subgroups. The two categories of deferrals are prepaid expenses and unearned revenue. Prepaid expenses are recorded as assets until they are used or consumed. For example prepaid monthly insurance is recorded as an asset until the coverage has been consumed. Because prepaid expenses expire with time does not require daily adjustments, which would be unrealistic. When preparing financial statements adjusting entries are made to record the expense consumed of the prepaid assets and show the remaining amounts in the asset account. Unearned revenue is when cash is received before service is provided, which increases the liability account. For that reason unearned revenue are opposite of prepaid expenses. When a company receives a payment for a future service, it credits liability the unearned revenue account increases. The recognition process occurs during the accounting period where the service was provided. Then the company makes the adjusting entry for the unearned revenue by debiting the liability account and crediting the revenue account. Before the adjustment is made liabilities are overstated and revenue is understated. The second category for adjusting entries is for accruals. Preceding the entry adjustments the revenue account or the expense account are understated. Consequently the entry adjustment for accruals increases the balance sheet and income statement account. Accrued revenue is accumulated revenue that is not recorded at the statement date because revenue is accrued with passing time, which is impractical to record daily. The adjusting entry records the amount owed to a business at the balance sheet date and the revenue earned in that time. The adjusting entry increases both the revenue account and the asset account. If services provided to client that were not billed will not be recorded. The accrual of unrecorded service account increases accounts receivable, which also increases stockholder equity by increasing revenue account. It would be unethical for a company to backdate sales or accounts receivable to increase revenue and asset accounts to meet a quarter’s target sales. Expenses incurred but not yet paid or recorded at the statement date are called accrued expenses. Adjustments are made to recognize expenses incurred at the current accounting period and record debt that is present at the balance sheet date. Consequently adjusting entry increase expense account and increase liability account. Why Adjusting Entries are Important Every business or organization makes adjusting entries in the end of a set accounting period. Adjusting entries are entries made at the end of an accounting period to make certain that the profits and expenditures recognition principles are followed (Kimmel, Weygandt, Kieso, 2011). Accrual transactions and the purposes of these transactions should be reported when these financial actions occur. These actions should be recorded not only when cash is paid or received but also anytime a financial action takes place. These important concepts in accounting are imperative because they recognize net gains or losses and a business’ financial position can be identified within the accounting period. The preparations of general entries and postings are important and the information added to these journals should be precise and reliable. The truth in numbers is critical, and the information should be calculated exactly. There are numerous reasons regarding why adjusting entries are important. To establish if the accurate value of cost of goods sold and gross profit, adjusting entry of closing stock is needed. To determine the correct value of net profit, adjusting entry of depreciation is needed. Making adjusting entries of advance expenses are essential because after this step is completed an accountant can take away advance expense from expenses collected, and this will be charged in next accounting period when these expenses will be payable. To show the correct amounts due to a third party and to show correct expenses for the accounting period making adjusting entries of outstanding expenses are important. In this entry the accountant must have debit expense and credit outstanding expense for a third party accounted for. Conclusion As one can see, revenue recognition and expense recognition are important parts of the accounting process of any business. It is also important to understand what situations require a company to adjust their journal entries and why it is so important to do so. With the appropriate accounting techniques and accurate journaling, a company’s financial statements become more accurate and easier for both internal and external users to understand. Not only do accurate financial statements keep a company above suspicion and consequence, but it helps users make informed decisions about that company based on its financial health. Without good decision making based on accurate information, a company will not be able to succeed. References Kimmel, P. D. , Weygandt, J. J. , Kieso, D. E. ( 2010). Financial accounting: Tools for business decision making (6th ed. ). Hoboken, NJ: John Wiley Sons. 2011 Financial Principles Explained. Retrieved from http://accountingexplained. com/financial/principles/revenue-recognition Walther, L. (2012) Financial Accounting 2012 Edition. Retrieved from http://www. principlesofaccounting. com/chapter3/chapter3. html sofaccounting. com/chapter3/chapter3. html How to cite Working with Financial Statements, Essay examples

Retail segment and communications management Essay Example

Retail segment and communications management Essay Introduction A major share of the contribution to the economy comes in from the retail segment. The entry of numerous domestic and global players in the industry makes it extremely challenging and customer oriented. The World Wide Web has paved the way to virtual stores, facilitating the easy comparison of selling prices and product specification. Cyber trade has seen plenty of aristocratic achievements due to advancement in technology. 1. Decision Making The aim is to establish a retail fashion and accessory store to target the student community in particular. The enormous costs hooked up to the inception of a physical store have lead to resolve that a virtual store is a better option. Firstly, a business plan is crucial to any new establishment. Then to be able to concentrate on business development ensure that there is sufficient monetary preparation to feed no less than the initial ten months. Launching a registered website is vital to going virtual. We will write a custom essay sample on Retail segment and communications management specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Retail segment and communications management specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Retail segment and communications management specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This will require a domain name, web host and an IP address. A shopping cart script and a payment gateway must be subsequently constituted. The victory of any cyber trade is highly influenced by the marketing tools chosen. The promotion techniques adopted will depend upon both internal and external market information. Decisions that influence the long term performance of any concern are Strategic in nature. They relate directly to its aims and objectives. The choice of a virtual store rather than a physical one is a strategic decision. Tactical decisions foster the strategic decision of the business. Strategies are generally in standing for a long period of time while tactics tend to be more volatile. Three generic strategies that pull off competitive advantage 1 . Cost leadership, be the cheapest, 2. Differentiation, eave a better product, 3. Focus, set your sights on convenience niche, as stated by Michael Porter. Elementary to the daily working of the business are the operational decisions taken. Decisions like how to service a client or when to re-order stock are operational in nature. Several options need to be contemplated before procuring the required workforce. Freelancers could be seen as an alternative as it does not involve any full time salary and benefits. The state agency caters to initial fund requirements along with financial assistances and advises. Therefore fresh entrepreneurs can ply for startup loans and avail their mentoring services as well. 2. Information and Decision Making Information conducive to business can be assembled through multifarious means. Like case analysis, focus group discussions, observations, reviews and surveys to name a few. These can be broadly divided into internal and external sources. Census figures, Judgments on court cases, national opinion polls, trade Journals, professional publications and the Internet are a few external sources, while production and sales statistics, company reports, sales invoices and accounting records are a few internal ascertaining the current and future plan of action. 3. Improvements in Selection and Analysis of Information Fundamental decision making was based on various internal and external sources of information. In order to make decisions regarding market segmentation, soot analysis, customer analysis, competitor analysis, risk analysis, product research, advertising, test Marketing and the like it is necessary to use Market research reports as they give an extremely comprehensive summary and analysis of the market. The support and back up catered by the government must be sought after at all initial stages of a new business. Ensure to frequent workshops, seminars and symposiums on new ventures to comprehend and stay up to date in business management. 4. List of Stake holders Stakeholder of a company means, an individual, group or organization that has interest or concern in that company. Stakeholders can affect or be affected by the actions of the business as a whole. Primary Stakeholders generally internal, take on economic transactions with the business. Stockholders, customers, suppliers, creditors, and employees for instance. Secondary Stakeholders although do not take on direct economic trade with the business can influence or be affected by its recordings. General public, communities, activist groups, business support groups, and the media for example. The company and its stakeholders have to stay in perpetual correlation to attain overall objectives. In retail trade product related decision making has to be made in accordance with customers to get a better understanding of their needs and wants. Likewise there will be many circumstances where decisions are taken with stakeholder participation. In case of any difference of opinion a cordial consensus has to be arrived at. 5. Methods to Develop Contacts with Stakeholders To elicit better understanding of company objectives and stakeholder desires it is essential to have a well designed two way communication system in place. It finally results in a healthy multidimensional flow of information with a high degree of transparency. Involving examples. 7. Strategy for Future Improvements Concentrate on developing favorable operational association. Prioritize on accepting the discrepancies instead of discarding them. Construct and encourage mutual performance Pay attention on administering internal stakeholder liaison. Review the communication system in practice at least quarterly. Conclusion Establishing a retail concern can be very demanding and complicating. The realms of decision making for the proprietor and founders stretch in all directions. These decisions will be based on the information gathered through the several internal and external sources. The company and its stakeholders have to constantly stay correlated in all important issues pertaining to the company. To establish and maintain any business successfully there has to be clarity in monetary and market apprehension and awareness. An effective blueprint and continuous effective administration will help keep away from risks and pave the way to success. PART II Communication is a fundamental, universal process. It is essentially the exchange and share of information, knowledge and ideas among people. Communication plays a vital role in the business organization. It is the life wire of the organization. It is the important essence for the drive to success. Communication done within the organization is internal communication while any form of contact with anyone outside the organization is external communication. External communication if more emphasized than internal communication. Subtle formal communication systems are applied. The vertical communication system, both top down and vice versa, are extremely inadequate. In a business the major setback is in maintaining proficient communication process. This generally results in poor communication. Blunders occur because orders are misunderstood. The fundamental trouble in communication is often because what is actually understood may is different from what was intended. This results in incomplete communication. 1 . Communication Process The organizational communication network and the types of communication are given below in a self explanatory diagrammatic representation. In todays corporate scenario a multidimensional system of communication is indispensable. The need for communication is to put across information and the need for information is to enable timely decision making. The flow of information has to reach the indented receiver in the intended manner. Fundamental tips too healthy workplace communication: 1. Be straightforward and unambiguous. 2. Listen to words as well as body language. 3. Let the speaker know you care about what is being communicated. 4. Opt for a face-to-face conversation in case of complicated information. 5. Be Respectful use names, look in the eye and nod. 6. Choose the right medium depending on the content and receiver. . Tailor the message according to the receiver boss, co-worker, customer or supplier require different styles. 8. Use testing when further explanation or repeated follow up is not required. E. G. , What time is the budget meeting? 9. Regardless of the discussion, try to keep it positive. Even an earsplitting feedback can and ought to be delivered in a positive, supportive, team-centric man ner. 10. Be navigable to improvements. Efficient communication is crucial to a companys development. Improving communication also includes integration of technology. This brings along the necessity for requisite training. Several businesses have realized efficiency and productivity through communication technology. It has affected is improved accessibility, flexibility and collaboration, which are vital components of communication. Technology will transform communication in many more ways. 3. Information and Knowledge In an organizations scope information refers to data, conceptual commitments and interpretations, while knowledge is the process of exercising the information to facilitate timely decision making. Hence it must be managed effectively. Knowledge has to be captured and acquired in order to be managed. Knowledge can be aggregated as structured, unstructured and critical. Bifurcation can also be tactic, explicit and implicit knowledge. Knowledge Management is a multi-disciplined approach towards accomplishing overall objectives through the optimum usage of knowledge. It involves capturing, preserving, transferring, disseminating and utilizing knowledge. Advances in information technology have made it easier to manage tools that can be used. Using information technology for knowledge management will require systematic knowledge management architecture. This should provide the organization with a framework that can use the central database to store customer tat and effectively utilize information and knowledge. This is a highly cognitive process. The organization in study, we come to understand from the case, does not encompass a modus operandi for storing and retrieving knowledge and information. The knowledge of the supervisor is not stored for the volunteers hence cannot be resourceful to the writer. It is evident from the case study that the organization doses not practice knowledge management strategies. A fresh and innovative strategy has to be inserted to exploit the available information resources. This will result in 40% raise in profitability. There will be enhanced data acquisition and data storage while complications in information recovery will become redundant. Technology will provide a contemporary management approach through an instant and rapid access to information. An idyllic strategy will merge multiple corporate databases into bigger, integrated, multidimensional knowledge bases that are constructed to sustain cutthroat intelligence. These centralized knowledge repositories force the optimization of information gathering, organizing, and retrieval. This strategy will comprise Knowledge enriching features with the aim to carry out flawless interoperability and information stream. This implementation will directly correlate with the bottom-line. Crisis management is yet another imperative function to be carried out by the organization in study. These organizations face issues that are not recurring in nature. This means the information handled belongs to a highly volatile breed. This calls for more speedy availability of dynamic information and strategic knowledge management. Implementing a healthy information and knowledge management: Step 1 identify the existing setbacks to implement a thriving system it should be aligned with overall objectives and current issues. Step 2 prepare for change this is not bare application of technology but also involves cultural change and requires backing from the corporate management. Step 3 create the team a befitting team with an efficient team head and cross departmental proficiency is necessary for the success of the new system. Step 4 perform the audit and analysis the information and knowledge audit will reflect what data is there? , what is needed? , what is missing? , how to acquire it? , and how to organize it?. Step 5- define the key features features in the new system have to be clearly stated. Features differ between organizations. However insurability, customizable and security are commonly preferred features. Step 6 build the blocks one by one use a phased approach that balances the existing system and implements the new features in an acceptable manner. Each phase should lay the foundation for the next phase in a subtle way. Step 7 link it to people its a known fact that even the foremost user-friendly systems can fail if they are not properly linked to the concerned people. Implementing an inclusive information and knowledge management system can be a taxing task; nevertheless, the outcome will be extraordinary. 4. Improving Access to Information and Knowledge The major objectives to improve access to information and knowledge in the organization are to: Ensure balanced access to information and knowledge. Endow employees with appropriate information and knowledge. Guarantee handy, comprehensible data. Foster knowledge and information proficiency of an individual. Elicit optimum system usage. Among suggested methods to achieve improved access are firstly, actuality an intranet into the system so as to facilitate the finest database practices and proficient directories. An intranet is an internal computer network of an organization that improves access to information and knowledge through streamlining its cascade. The subsequent method is sowing fresh cutting-edge knowledge and yielding it to precious harvest that is meaningful and capable of breakthrough performances leading to rapid and superior innovation. This dynamically managed and well mapped meta- knowledge is a significant aspect of the companys intellectual capital which directly correlates to its success. 5. Personal Plan for Effective Communication Personal and professional life progress to a very high degree is influenced by interpersonal skills. Effectively conveying and translating information, being able to interpret peoples emotions and being sensitive to them, calmly arriving at solutions to conflicts, avoiding gossip and being polite are all members of the interpersonal skill crew where listening is the captain. The volunteer supervisor needs to develop his interpersonal skills. The development program encompasses the following: Appreciate spot something positive about each co-worker let them hear it. Build dynamic listening demonstrate that the others point of view has been received in full. Be non verbal where you have to listen and communicate not Just words but also body language and moods. Bring people together Create an atmosphere that encourages everyone to work together. Resolve conflicts be an efficient mediator. See it from their side Empathic. Stay calm, poised and balanced. Dont complain else youll get a bad reputation. The volunteer supervisor ought to acquire the art of communication and allocation to create a healthy work environment. Conclusion The communication system of an organization is its backbone. The political activists organization in study needs to sharpen its internal communication system, as an analysis of the case gives an evident picture of the issues resulting from scanty communication practices. The voluminous nature of information handled by organizations calls for proficiency in its management. Information is not knowledge unless its value is dug out. This gives rise to an essential cognitive process called information and knowledge management the focus of which is to connect people, processes and technology to effectively use and manage the organizations intellectual capital at par with the physical assets of the company to achieve overall success.