John Lennon Biography Essay Example For Students

John Lennon: Biography Essay I, John Winston Lennon, was born in Liverpool, England in 1940. I wasthe founding member of a group called the Beatles, which was the most popularmusic group in the history of rock and roll (World Book 197). The groupincluded George Harrison, Paul McCartney, Ringo Starr, and myself. Weoriginally formed in 1958, but it wasnt until 1960 that we decided to nameourselves the Beatles (World Book 191). My philosophy of the Beatles was, whenyou said it, it was crawly things; when you read it, it was beat music (The NewBook of Knowledge 108). I, along with Paul, wrote most of the Beatles music.Songs that werewritten primarily by myself include Help, All You Need is Love, and A Dayin the Life.(World Book 197). In 1970 we decided to break up for a number ofartistic, business, and personal reasons (World Book 190). I, like the other former Beatles members, continued to perform as a soloartist. Yoko Ono, whom I married in 1969, became my partner (World Book 197). Yoko and I, being extremely opposed to the war, performed together making peaceour theme (Rolling Stone 229). As our taste for war bittered, Yoko and I becameinvolved in many anti-war protests. We recorded Give Peace a Chance in ourhotel room in Montreal, and I had it rush released (Rolling Stone 229). InJanuary of 1970 I wrote and recorded Instant Karma in one day and had itreleased (Rolling Stone 229). Three months later, Yoko and I flew to LosAngeles for four months of primal scream therapy with Dr. Arthur Janov (RollingStone 229). Because of this experience the album John Lennon/Plastic Ono Bandwas made (Rolling Stone 229). In 1971 I moved to the United States to continue my campaign for peace(World Book 197). That year, the US Government made continual attempts todeport me (Rolling Stone 229). A protest concert that we planned to hold on thedoorstep of the Republican National Convention made the Nixon administration abit upset (Rolling Stone 229). Claiming that my 1968 drug arrest made me anundesirable alien, they also made attempts to deport me (Rolling Stone 229). In 1976 I was granted permanent resident status that ended this problem (RollingStone 229). In 1980 Yoko and I released Double Fantasy, which was my first album infive years (World Book 197). On the eighth of December that year, I was shot todeath outside my New York City apartment by a man named Mark David Chapman(World Book 197). That, to some extent, is my lifes story. I hope people will lookdeeper into my music and find its meaning instead of just reciting the words. Music was my way of communicating with the world. I also hope that I have madepeople realize the value of peace in the world. If only everyone couldunderstand how great world peace would be. Category: Music and Movies

The Quality of Financial Information in the Annual Report Sample

Question: Analyzed Whether the Disclosures Made are as per the Specific Provisions of AASS. Answer: Introduction Assets are the main part for effective and efficient functioning of an organization and while preparing the financial statements for the year end the amount is written off from the value of an asset as depreciation which is the amount incurred on account of loss of tear and wears, change in technology, etc. Another amount which has been written off from the value of an asset is Impairment. The main aim of this report is to assess the quality of financial information in the annual report. The emphasis has been laid on the Impairment of an Asset. In the first, the requirements of disclosure have been mentioned as per Australian Accounting Standard Board (AASB) 136. Then the disclosure made by the company is discussed and analyzed whether the disclosures made are as per the specific provisions of AASB 136. Thereafter, the difficulties faced in checking whether the assets has been actually impaired or not has been discussed. Then the list of issues have been mentioned which will be consi dered or taken into account by the directors of the company while making the calculations for the impairment of the assets. At the last the study has been closed with proper and adequate conclusion. The report has divided into several parts so as to give the understanding of the concept of Impairment to the readers. Disclsoure Requirements as per AASB 136 Australian Accounting Standards Board 136 provides the guidelines on the topic Impairment of an asset. Following are the relevant disclosures that every company to which this standard shall apply shall comply for each class of asset: The amount of the impairment made for the particular asset shall be charged to the Profit and Loss Account for the relevant period and the statement of comprehensive Income in which the impairment losses are included. The reversal amount of impairment made for the particular asset shall be recognized in the Profit and Loss Account for the relevant period and the statement of comprehensive Income in which the those impairment losses are reversed. In case of revalued assets, the amount pertaining to the impairment losses are recognized the statement of other comprehensive income for the relevant period. In case of revalued assets, the amount pertaining to the reversal of impairment losses are recognized in the statement of other comprehensive income for the relevant period (AASB,2010). The aforesaid requirements are disclosed in the schedule pertaining to the Reconciliation of Carrying Amount for each class of assets where the opening balance and closing balance at the year end is also mentioned. In addition to the above disclosure, following disclosures are further required: Where an entity reports the reportable segment that too in accordance with AASB 8, then its mandatory to disclose by recognizing the amount of impairment loss and reversals thereof in the subsequent period in the Statement of Profit and Loss Account and the statement of comprehensive income for the year end. In case of an individual asset, goodwill or cash generating unit, the entity shall disclose the following: The situations which has happened during the year and has made it important to recognize the impairment loss and reversal thereof if any The amount pertaining to impairment and reversal. In case of an individual asset, its nature and the reportable segment if any. In case of Cash Generating Unit, its description and the amount of impairment and reversal recognized by the segment which is reportable as per the AASB 8. The recoverable amount of any asset is either Fair Value less costs to sale or Value in use. If it is fair value then how it has been arrived and if it is value in use then which discount rate has been used to calculate the flows. In this way, the disclosures are required. Annual Report Complanace with Requirements For facilitating the study further, the company Woolworths Limited has been chosen. The analysis of whether the annual report complies with the disclosure requirements as per the AASB 136 is given below (Woolworths, 2015): As per Note 12 Property Plant and Equipment and Note 13 Intangible Assets of the Annual Report of the Company, the carrying amounts of these assets are arrived after deduction depreciation and the impairment loss. As per Note 12 of the Annual report, it is mentioned as how to calculate the recoverable amount and states that the impairment loss is recognized as and when carrying amount of any assets is increase by its recoverable amount. The statement has been written that the Property Plant and Equipment are checked at each reporting date for impairment and Intangibles are reviewed at least for annual. The procedure of calculating the Recoverable amount has been detailed and stated that the recoverable amount is the higher of Value in use or Fair value less costs to sell. The assumptions regarding the calculation of Value in use and Fair Value has been mentioned and states that for Value in Use the effective discount rate of 13% may be taken as based on the past year records. The reconciliation of the carrying amount at the beginning of the year and year end has been disclosed. It has been disclosed that the no reversals of impairment losses have been made during the year. The impairment loss has been charged to Profit and Loss Account and Statement of Other Comprehensive Income. The company has made separate disclosure for impairment loss on reportable segment Home Improvement and has disclosed that the change in assumptions adopted for calculation will not change the impairment loss amount by so many amounts which can create material effect in the financial statement. In this way, the annual report contains all the matters that is required to be disclosed as per AASB 136. Issues in Impairment Testing One of the major issues that have been confronted by almost all the companies is that till which level the testing for impairment shall be done. This is a very debatable question in this field but it is done as per the past requirements. It depends on the nature and details of the asset and how the allocation is being made for each cash generating units. Second major issue that has been encountered is the difference between the Value in Use and the Fair value. Fair value is the price of an asset which can be easily fetched from the market or the amount investor is ready to pay for the same whereas Value in use is the amount of cash discounted as per the given rate. Third major issue is the usage of discounted rate which is required to calculate the Value in Use. Discount rate shall be as per the relevant rate in the market and shall not be decided in isolation. Without having the correct discount rate, the amount of cash flows will be highly variable and which in turn will not provide the best results. Fourth is that the grouping of assets shall include some types of working capital or short term or current asset (Dolson, 2005). Fifth is that the test for impairment shall be done on regular and periodical basis. The model selected for impairment shall be one which can be easily adapted to the changeable external environment and which can be applied for years to come to an individual or the class of an asset (Chow and Marchev,2010). Last is that the discount rate after tax shall be used while calculating the Value in Use otherwise the 30% pertaining to tax shall be wrongly added to the value of cash flows generating from the various cash generating units. While Calculating Imairment Four major issues which shall be considered while calculating the Impairment: Adoption of Correct Discount Rate First of all the company shall take into account that discount rate which exhibits that the formulae of calculating rate gets itself arranged at the time of any change in the external environment. Also the rate so calculated shall be post tax otherwise the cash flows will higher by the tax amount. Determining the Proper Cash Generating Units The Company shall define the correct cash generating units and that too with proper allocation. Wrong allocation will lead to wrong estimation of the impairment loss. Level of testing the Impairment The impairment shall be checked to that level after which the testing will not serve any purpose. The test for impairment shall be done each year and it should be tested at the low level of the management. It is because the lower level will not in any manner will be the higher of operating segments. Thus, the level shall be as per the needs. Calculation of Value in Use and Fair Value less Cost of Sales It is advised as per AASB 136 that the Fair value less Cost of sales shall be calculated using discounting cash flow technique otherwise it will not be comparable with the Value in Use and thus will always provides wrong results for impairment. Thus, these four shall be considered while performing the calculations. Conclusion Assets play very important role for every organization in order to have future benefits. Along with the maintaining of an asset, the documents of company including the Annual report which contains the financial report of the company. Depreciation and Impairment are the two distinct and different terms which depletes the value of an asset and in the case of latter there can be the place of reversal. In the paper the impairment of assets has been detailed. It has been described by throwing light on the AASB 136 and AASB 8. The description has started from the disclosure requirements as envisaged by the AASB 136 till the issues that will be considered by the top management to review the impairment testing and calculations. Thus, in the way to conclude the study is extensive and the impairment of assets have significant place in the annual report. References Australian Govt, (2010), Impairment of Assets available at https://www.aasb.gov.au/admin/file/content102/c3/AASB136_07-04_ERDRjun10_07-09.pdf accessed on 15/04/2017. Chow E and Marchev M, (2014), Impairment Issues to watch available at https://www.pwc.com.au/assurance/ifrs/assets/ifrsinbrief-se-15may13.pdf accessed on 16/04/2017 Dolson M, (2015), A Look at Current Financial Measures available at https://www.pwc.com/hu/hu/services/assets/ifrs_kiadvanyok/in_depth/testing_for_impairment_in_the_upstream_industries.pdf accessed on 15/04/2017. . Woolworths Official Website, (2015) available at https://www.woolworths.com.au/ accessed on 16/04/.2017.

Essay of Inquiry - Get a Sample Letter of Inquiry

Essay of Inquiry - Get a Sample Letter of InquiryA sample essay of inquiry is one of the most essential materials that you need to be familiar with when you are preparing to go on to write your own application essay. In this brief article, we shall discuss how you can get hold of the sample letter of inquiry and write your own essay of inquiry with the help of it.If you are applying for admission in a college or a graduate school, you will find that writing a sample essay of inquiry is a very good idea, and the reason for that is that this letter is the one that will be used by your potential faculty advisors. This is the letter that they are going to read over again before they give you an opportunity to present yourself to them.In order to do this, you should have a sample letter of inquiry on hand so that you can use it as a guide when you are writing your own essay of inquiry. There are two ways to make use of this sample, either you can copy it verbatim and then rewrite it on yo ur own.This may seem like a very good option, but you should bear in mind that you do not have to accept the terms of use provided by the university that gives you access to their sample letter. What you have to do is instead, that you can also have the advantage of using the sample for your own use.After all, it is the university's letter, and its use should not be used as a searchable source for your own. You have to make sure though that you follow the format of the letter, otherwise you may come across as being careless in this matter.There are some guides on the internet that can help you create a format that can work for you, so that you can use the sample letter as your guide when you are writing your own essay of inquiry. For example, you can take the title of the essay and alter it so that it reflects your own interests and preferences.You can also rearrange some of the points, remove unnecessary information, and even add details that you believe that can help you write a b etter essay of inquiry. All these things are best done by you, and you should make sure that you include this factor in your own essay of inquiry.The first thing that you need to do if you want to be successful in your application essay is to write a letter that can be easily read and understood by the admissions officers. You can do this by copying a sample essay of inquiry, and then, rewriting it to reflect your own taste and preference.

Three types of law enforcement levels free essay sample

There are three different levels of law enforcement, local, state and federal. Each of which level does a wide variety of different things varying from taking people to the hospital to arresting terrorists. The first level I will talk about is local policing. Local policing and its duties include law enforcement, order mainetence or peacekeeping, service, and information gathering. Some examples of law enforcement include arresting perpetrators and investigating crimes. Order maintence include intervening in domestic disputes before they get violent, â€Å"breaking up fights, and holding back crowds at sporting events (168).† Local police services include â€Å"taking people to hospitals, escorting funeral processions, and chasing bats out of a caller’s house (168).† Lastly, information gathering, which is investigating missing child cases and other details relating to ongoing investigations. While some larger local police agencies take on more responsibilities and are but not limited to such: internet crimes, narcotics, arson/bomb squads, child exploitation, and homeland security. We will write a custom essay sample on Three types of law enforcement levels or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page State law enforcement agencies otherwise known as the state police and highway patrol have the same responsibilities as local law enforcement but can essentially work on cases and enforce the law anywhere in the state unlike the local police who have certain jurisdictions. Although even highway patrols can and will intervene on drug cases, for example if a suspect is carrying drugs across state lines, or is about to. Hawaii is the only state without a state patrol agency. Federal law agencies including FBI, U.S. Secret Service, DEA, Customs and Border Protection, and Homeland Security are some of the largest. Yet, they do not have the same responsibilities per say as the local police do. Some may argue that they have more important jobs than the local police. â€Å"Three major differences exist between federal law enforcement and local and state police agencies with which we are likely to be more familiar. First, Federal agencies such as the FBI operate across the entire nation and even have agents serving abroad. Second, federal police agencies do not, as a rule, have the peacekeeping or order maintenance duties typical in local policing. Finally, some federal law enforcement agencies have extremely narrow jurisdictions (176).† Homeland security, one of the many federal law agencies is responsible for preventing terrorist attacks, reducing the vulnerability to terrorism, minimizing damage and assisting in recovery from attacks that  occur in the U.S., â€Å"carrying out all function of entities transferred to the department, including by acting as a focal point regarding natural and manmade crises and emergency planning. While also ensuring that the functions of the agencies and subdivisions within the department are not related directly to securing the homeland are not diminished or neglected except by an explicit act of congress, ensure that the overall economic security of the United States is not diminished by efforts, activities, and programs aimed at securing the homeland, monitor connections between illegal drug trafficking and terrorism, coordinate efforts to sever such connections, and otherwise contribute to efforts to interdict illegal drug trafficking.†

Employee selection and training

Employee selection and training The role of industrial/organizational psychology in selecting and training employees Industrial psychology refers to the application of psychological concepts in solving problems in the workplace. In most cases such a process entails coming up with solutions to problems associated with performance of employees in addition to dealing with other organizational concerns. Industrial psychology also concentrates on conducting studies on different sets of behavior expressed in an organization as seen in the nature of interactions between workers and management.Advertising We will write a custom research paper sample on Employee selection and training specifically for you for only $16.05 $11/page Learn More Psychology can be applied in an organization’s training programs through identification of causes of internal conflicts and the solutions to such conflicts. Evaluating and developing techniques for employee selection and appraisal techniques can be achiev ed using industrial psychology. A psychologist helps in designing a selection and training program for an organization through assessing corporate leadership skills and strategies for employee motivation (Stone and Mark 1997). A number of surveys have been carried out to determine the use of industrial/ organization psychology in the U.S. it is established that the use of psychologists in private companies, government organizations and agencies is on the rise. It has also been established that large organizations are the major users of the concepts in organizational psychology as evident in General Motors Corp, PepsiCo, Inc, IBM, ATT among others. They have at least one psychologist working with them. A number of companies seek psychology consultants for assistance instead of hiring psychologists. The government is known to employ psychologists. An example is evident in the federal office of Personnel Management which has a numerous psychologists working with them. The military also has employed psychologists to work with them an example being in the U.S. Army Research institute. In all these organizations, the psychologists mostly work in the areas of performance appraisal, personnel selection, organizational and leadership psychology. After analyzing an organizations problem, a psychologist employs different techniques to address the problem and suggest possible solutions. An example of such a technique is the use of engineering psychology. This technique addresses the human problems in an organization by using design in an organization’s machinery which in most cases takes into account human limitations. This is evident in the large American corporations whose sole objective is to make profit. The ethical concerns evident in such a process is changing employee’s perception to be more in line with profit making thus a diversion from a number of moral concepts (Malhotra 2007).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Another technique used is personnel psychology as evident in the military. This technique concentrates on the differences between individuals. In the long run it deals with specifics of selection and recruitment. The ethical concern is evident in the ability of such a process to alter the goals and ideologies of the personnel to be in line with those of the nation. Motivation and leadership is a commonly used technique in non military sectors of government as evident in government departments. The legal concern is that such a process is not grounded on law. The utility of the scientific selection of employees Experts in the field suggest that in order to select and hire the best employees, a hiring strategy that is scientifically based should be used. These strategies deliver appropriate results if properly implemented. These strategies ensure that an organization creates a job benchmark that is reliable especially in terms of statistics. Another advantage of using the scientific based employee selection strategy is that an organization implements an un-biased employee selection program. Selecting and hiring the best talent available in the field is an added advantage that this strategy promises. It is worth noting that if such a strategy is used, an organization’s performance is likely to improve. In the process an organization is likely to reduce its employee turnover which usually arises from employees who do not qualify for certain tasks. Another important factor in the exercise of selecting and training employees scientifically is putting in place a strategy that accurately determines the best investment ventures. To attain favorable results on such investments it is appropriate to highlight specific job requirements. It is also important that an organization conforms to a training program that will bring about overall improvement in performance. It is advis able that an organization identifies growth opportunities in an effort to meet societal needs. This can be achieved through the use of personality instruments that are powerful enough to detect an individual’s needs. After this process, an organization formulates a customized strategy geared towards managing an employee’s talent.Advertising We will write a custom research paper sample on Employee selection and training specifically for you for only $16.05 $11/page Learn More There are cases where scientific selection and training of workers can not be applied as is the case when an assumption is made concerning the presence of a capitalist system which in turn leads to an automatic increase in profits and efficiency of workers. It is however possible to employ scientific selection technique in an organization where there is a clear definition of authority and task specialization (Malhotra 2007). References Malhotra, N. (2007). Review of Market ing Research. New York, NY: M.E. Sharpe Stone, P. Mark, C. (1997). Organizational Psychology. Brookfield, VT: Ashgate

Opportunity, direct and indirect costs Assignment

Opportunity, direct and indirect costs - Assignment Example Suppose I decided to watch the Brazil – Argentina match at the expense of watching England-Germany match. Using modern technologies, I can definitely record the England-Germany at the time of watching the Brazil – Argentina match. In this case, I am reducing the opportunity cost of losing the live telecast of England-Germany match. However, it is quite possible that the England-Germany match was more interesting and the Brazil – Argentina match was quite boring. In this case, the indirect costs (foregone opportunities) are greater than the direct (out-of-pocket) costs. Suppose I am going for a tour in a rented car. Imagine the rent for the car per day is $1000. If I go alone, I have to pay the whole amount myself. On the other hand, if I go along with three other colleagues, I have to pay only 250 dollars per day. In the first case, the marginal cost was $ 1000 whereas in the second case it was only $250. In short, the marginal cost of renting a car will be reduc ed considerably if the number of passengers increases. It should be noted that if I rent the car alone, $ 750 will be wasted as sunk cost. I am reducing the opportunity cost of losing the live telecast of England-Germany match. However, it is quite possible that the England-Germany match was more interesting and the Brazil – Argentina match was quite boring. In this case, the indirect costs (foregone opportunities) are greater than the direct (out-of-pocket) costs. Opportunity cost of an activity is usually calculated based on the next best alternative of that activity.

Project Initiation Document (PID), Project Management, Heritage 59 Essay

Project Initiation Document (PID), Project Management, Heritage 59 Residence in Thailand - Essay Example Financial viability is always an important variable for commercial projects of this nature (Knight 2006) and already, financial feasibility has showed a net profit of THB 380 million over 36 months. The scope of the project clearly defines the boundaries of the project as in what will be involved in the project and what will not be involved in it. The Heritage 59 Residence project will comprise of a two building edifice that is located Sukhumvit Road. The first building will be a maintained 12-storey building at the front side of the site. The second building will be a reconstruction of the existing 3 story-building into a 27-storey at the back side of the site. The proposed financial scope given to the project is THB 85,000 per Sqm with the total land size of project being 806 sq.m to be completed in 36 calendar months. The scope described is graphically represented below Achievable It is important not to set an objective that will be excessively difficult to achieve. The project objective has therefore been defined to be moderate and made up fulfilling all legal provisions that were given in the course of seeking permit for the site plan. Relevant At the end of the project, there should be specific benefits that can be pointed to as the outcome of the project and this is to make a commercial gain of THB 380 million out of the project. Of the tasks, the procedure of construction team and materials will be the most highlighted. Generally, a bid will be opened for interested suppliers to tender. An executive from the Tender Board will be consulted to oversee this process. The project manager will then put in the procedures for procurement to begin by following the steps laid down by the National Procurement Board. The procurement, which is to centre stage will be undertaken through