...the student reflections Exercise 1-H (Reflection/Action Plan) This chapter focused on self-awareness – what it is, why it’s important, and how to acquire and increase the degree to which you possess it. Other elements that comprise the self, including personality, attitude, and emotional intelligence, were also discussed. Complete the following worksheet upon completing all reading and experiential activities for this chapter. 1. The one or two areas in which I am most strong are: Self-awareness is one of the key concept to boost self confidence in ourselves and also to encourage ourselves to face the outer world, person, situation and other things. The areas which I’m strong on when it comes to self-awareness would be attitudes and also personality. Attitude which I possess in my personal life and in professional life differs according to the surroundings. In my personal opinion attitude is an easiest way to judge a person. The way we perceive things and reflect towards certain issues, person, situation matters the most. Taking care of our attitude helps ourselves to improve the relationship built with others such as family, friends, colleagues, manager and so on. Personality is another area which I hold strong to. Personality also plays important role in our daily life, it determines how we interrelate and respond to different people and circumstances. 2. The one or more areas in which I need more improvement are: I need to improve my self-monitoring area as well...
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...and power Paper In this paper I will write about the movie “Legally Blonde”. This movie is about a sorority queen that was dumped by her boyfriend, she decided to follow him by enrolling into law school where his ex is currently enroll. She later realizes that she is a better lawyer than she ever imagined. In this paper I will identify the characters in the movie and provide an overview of their relation to each other. I will include my personal thoughts on what the movie is saying about communication in general. I will also analyze the role of communication between the main characters and their relationships with each other. I will describe power and conflict issues. I will also write about the purpose of self-disclosure. Lastly, I will discuss whether any self-disclosure issues exist between the parties. The main characters in this movie are Elle, Paulette, Professor Callahan, Vivian, and warner. Elle is the main character of the movie who serves as the female lead challenging the norm of how society views women. Society may view women as loving, girly, and pink. Elle fills all of the stereotypes of a college girl age. Paulette is Elle’s friend. They both benefit from its relationship; Paulette learns to be assertive and Elle realizes their potential. Professor Callahan, hired her as an intern only to make sexual advanced on her just to make her believe that she can never become a good lawyer. Vivian, who is successful both academically and professionally, comes off as cold...
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...defined “as a relationship between a corporation and its shareholders” (Cross & Miller, 2012, p. 644). It is also a system of checks and balances between the board, management, and investors to create an efficient and functional business with long term viability and value ("Corporate Governance Best Practices," 2002, p. 8). The concept of adopting a formalized process should be fairly evident. Corporate scandals such as Enron and WorldCom devastated entire corporations as well as national and world financial crisis created by banking and mortgage industries. The government has stepped in and enacted legislation such as Sarbanes-Oxley in an attempt to prevent future occurrences, but is this going to be enough? Corporate governance requires self-regulation and ownership and the decisions of a few that could potentially affect thousands needs to be subjected to a formalized review process. Corporate governance may be set up in three areas:...
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...Since they were issued in 1999, the OECD Principles of Corporate Governance have gained worldwide recognition as an international benchmark for good corporate governance. They are actively used by governments, regulators, investors, corporations and stakeholders in both OECD and non-OECD countries and have been adopted by the Financial Stability Forum as one of the Twelve Key Standards for Sound Financial Systems. The Principles are intended to assist in the evaluation and improvement of the legal, institutional and regulatory framework that influences corporate governance. They also provide guidance for stock exchanges, investors, corporations, and others that have a role in the process of developing good corporate governance. The Principles should be viewed as a living document. This revised version takes into account developments since 1999 and includes several important amendments. The revision has benefited greatly from extensive public consultations. This revised version of the OECD Principles was agreed by the OECD member countries on 22 April 2004. For any comments, questions or suggestions concerning the OECD Principles of Corporate Governance, please contact the Corporate Affairs Division of the OECD at: corporate.affairs@oecd.org. For more information about the OECD’s work in the area of corporate governance and the OECD Principles, visit: www.oecd.org/daf/corporate/principles. OECD's books, periodicals and statistical databases are now available...
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...with how someone they know feels about their situation versus a therapist, making conversation more goal oriented. There are usually more personal boundaries in a therapeutic relationship. Clinicians diagnose mental health disorders because they see symptoms of the diagnosis. Most insurance companies require a diagnosis in order to pay for treatment. The main text for the diagnosis is the DSM-V. Self-disclosure can promote immediacy in a counselor-client...
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...Question 1 1. The principle or rule known as the maintenance of share capital is based on the need to protect shareholders and creditors. Share capital is the contribution made by shareholders by subscribing shares of the company. A company’s creditors can only look to the share capital for the payment in the event of a winding up. To protect creditors, a general rule known as the rule in Trevor v Whitworth was developed to prohibit a company from reducing its share capital because a reduction in capital would prejudice the rights of creditors. Moreover, the reduction would in effect diminish the pool of funds available to the company to pay its creditors. The rule in Trevor v Whitworth has been incorporated into Ch 2J of the Corporations Act 2001.Certain provisions of the Corporations Law 2001 seek to enforce the rule Trevor v Whitworth. There are a few Sections of the Corporations Act 2001 that enforce the maintenance of capital principle (or the rule of Trevor v Whitworth). Section 254T of the Corporations Act 2001 stated that a dividend may only be paid from profits. The Section 254T of the Corporations Act 2001 states that a company must not pay a dividend unless: the company’s assets exceed its liabilities before the dividend is declared and the excess is sufficient for the payment of the dividend, and; the payment of the dividend is fair and reasonable to the company’s shareholders as a whole and; the payment of the dividend does not materially prejudice the company’s...
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...analytical skills by examining various technical areas of financial accounting. Prerequisite: AP/ADMS 2500 3.00. Prior to Fall 2009 Prerequisite: AK/ADMS 2500 3.0. Course credit exclusion: AK/ADMS 3585 3.00. Learning Outcomes After completion of the course, apart from mastering the technical knowledge of the revenue and asset side of the financial statements, students should also 1. Understand the importance of ethics in the accounting profession and realize potential conflicts of interest that one may encounter in the profession. 2. Begin to learn how to see the inter-relationship between accounting issues, analyse them, and integrate the findings to draw reasonable conclusions. 3. Begin to learn the basics of case writing and communicate effectively. 4. Understand the importance of teamwork and learn how to develop work plans and resolve conflicts. Textbook Required Intermediate Accounting, 10th Canadian Edition, Volume 1, By Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, and Bruce McConomy ISBN: 978-1-118-30084-8 ©2013 Do not use previous editions Page 1 of 15 Recommended Accounting recommendations, CPA Canada...
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...AC 410B Intermediate Accounting II Final Exam Topics Chapter 11: Depreciation, Impairments, and Depletion Questions 1. Explain the meaning of depreciation. 2. Describe factors involved in the depreciation process. 3. Describe the different methods of depreciation. 4. Identify the conditions for impairment of fixed assets. 5. Explain the treatment of impairments for different kinds of assets. 6. Describe the full cost vs. successful efforts concepts for depletion. 7. Explain liquidating dividends. 8. Explain the required disclosures related to depreciation and depletion. Exercises 1. Calculate depreciation using the following methods: [E11-6] a. activity method b. straight-line method c. sum-of-the-years’ digits method d. declining balance method e. group & composite methods [E11-9] 2. Calculate partial-period depreciation. 3. Calculate depreciation based on revision of salvage value or estimated life. [E11-11], [E11-13] 4. Conduct a recoverability test for impairment. [E11-17] 5. Determine the amount of impairment to be recorded on a fixed asset. [E11-17] 6. Prepare the journal entries to record: a. depreciation expense b. the impairment of a fixed asset c. the restoration of impairments d. impairment and restoration of impairment for an asset held for disposal [E11-17] e. depletion of a natural resource...
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...Content 1 Introduction 2 2 Body 3 2.1 How is good corporate governance achieved? 3 2.2 Why is this concept important to Australia? 4 2.3 What are the roles, responsibilities and powers of the Board of Directors, Management and shareholders? 5 2.3.1 The roles, responsibilities and powers of the Board of Directors 5 2.3.2 The roles, responsibilities and powers of the Board of Management 7 2.3.3 The roles, responsibilities and powers of the Board of Shareholder 8 2.4 How does the Board add value to a company? 9 2.5 What are at least two of the theories that are used to “measure” corporate governance? How do they measure “good” corporate governance? e.g. Contractual theory and the communitarian theory, stakeholder theory. 10 2.6 What disclosures to shareholders are required by law and why? 11 3 Conclusions 13 4 Bibliographies 14 1 Introduction Nowadays, the company governs has become the global economic which a subject matter grows day by day. When a company maintains the competitive power, attracting investments, guaranteed that sustainable, and struggle against corruption, it must to applying good governance. In the most foundation's level, the company governs sets up “the game rule” to handle the related property rights and the domination separation. Board of directors’ benefit, the coordinated enterprise's owners, the superintendent and other benefit counterparts, were considered that is the essential effective revolution company governs the...
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...publication may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (graphical, electronic, mechanical, photocopying, recording, taping or otherwise), without the prior written permission of the Securities Commission Malaysia. Perpustakaan Negara Malaysia Corporate governance blueprint 2011 : towards excellence in corporate governance Bibliography : p. 77 ISBN 978–983–9386–67–7 1. Corporate governance--Malaysia. 2. Industrial management. 1. Suruhanjaya Sekuriti Malaysia. 658.4009595 Cataloguing-in-Publication Data This book is printed using eco-friendly recyclable and bio-degradable paper CONTENTS FOREWORD BY MINISTER OF FINANCE II, MALAYSIA MESSAGE FROM CHAIRMAN OF THE SECURITIES COMMISSION MALAYSIA INTRODUCTION CHAPTER 1 v vii 1 5 SHAREHOLDER RIGHTS CHAPTER 2 13 ROLE OF INSTITUTIONAL INVESTORS CHAPTER 3 21 THE BOARD’S ROLE IN GOVERNANCE – – – – ROLES AND RESPONSIBILITIES INDEPENDENCE OF THE BOARD COMPOSITION OF THE BOARD COMMITMENT OF BOARD MEMBERS 43 CHAPTER 4 DISCLOSURE AND TRANSPARENCY CHAPTER 5 53 ROLE OF GATEKEEPERS AND INFLUENCERS CHAPTER 6 61 PUBLIC AND PRIVATE ENFORCEMENT IMPLEMENTATION ACRONYMS AND ABBREVIATIONS REFERENCES ACKNOWLEDGEMENTS 69 75 77 79 FOREWORD by YB DATO’ SERI AHMAD HUSNI HANADZLAH Minister of Finance II, Malaysia Malaysia is transforming itself into a high-income nation by 2020. The New Economic Model (NEM) and the Economic Transformation Programme (ETP)...
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...Introduction Good corporate governance (GCG) in a corporate set up leads to maximize the value of the shareholders legally, ethically and on a sustainable basis, while ensuring equity and transparency to every stakeholder - the company's customers, employees, investors, vendors-partners, the government of the land and the community (Murthy, 2006). GCG is a must for ensuring the required values to different stakeholder groups. It enhances the performance of corporations, by creating an environment that motivates managers to maximize returns on investment, enhance operational efficiency and ensure long-term productivity growth. Consequently, such corporations attract the best talent on a global basis. It also ensures the conformance of corporations with the interests of investors and society, by creating fairness, transparency and accountability in business activities among employees, management and the board (Oman, 2001). Again, GCG increase public confidence in a corporation, and lowers the cost of capital for investment. According to a McKinsey study (2002), over 60% of investors cite Good Governance practices in a corporation as a key factor in their investment decisions. Today, GG becomes a slogan and a pride. Here, we can uses accounting as a mean for establishing and retaining corporate governance. Accounting is a process of compiling information for reporting the internal affairs of any entity to different stakeholders at the end of a certain interval. It is defined as...
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...and faculty may approach assessment and its documentation differently, one approach is to provide specific questions on exams that become the basis for assessment. To aid faculty in this endeavor, we have labeled each question, exercise, and problem in Intermediate Accounting, 7e, with the following AACSB learning skills: |Questions |AACSB Tags |Brief Exercises |AACSB Tags | |10–1 |Reflective thinking |10–13 |Analytic | |10–2 |Reflective thinking |10–14 |Analytic | |10–3 |Reflective thinking |10–15 |Analytic | |10–4 |Reflective thinking |10–16 |Analytic | |10–5 |Reflective thinking |Exercises cont. |AACSB Tags | |10–6 |Reflective thinking |10–1 |Analytic | |10–7 |Reflective thinking |10–2 |Analytic | |10–8 ...
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...defining his self-value and identity, getting along with parents and managing personal emotions. The first problem is that Sammy failed to develop self concept (i.e. Who he is, what he wants to do) but blindly follows his parents’ opinion to persuade further study in college. Based on Identity Statuses Theory, Sammy is experiencing identity diffusion (Marcia,1966) in which he failed to attain commitment (occupational belief) and crisis (actively exploring and making conscious decision to understand his own identity). Besides, he has low self-esteem (i.e. the value he placed on himself) as he consider his classmates are more competent in both sports and academic performance than he does. He feels inferior at school. In order to overcome Sammy’s identity crisis, he should try to explore his own identity by constantly questioning himself about his own value, beliefs and academic pursuit to clarify his occupational and social roles. He can join various extra-curricular activities such as sports and music to discover his inborn talent. He might not be good at sports but he might be good at music or arts and crafts. To boost self-esteem, he needs to gain approval from peers to develop sense of belongingness. He could join more class activities and be generous (e.g. share his study notes or tips with classmates) to his classmates so as to expose himself more in front of the class to gain popularity. He can also take part in volunteering work, which helps develop his self value and sense...
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...of 1933 and 1934 A. Registration requirement includes the statement and prospectus B. Annual, Quarterly reports and Form 8-k C. Inside Trading D. Private Offerings E. Blue Sky Laws F. Antitrust (The Sherman Act, The Clayton Act, and The Robinson-Patman Act) 111. The Foreign Corrupt Practices Act (FCPA) of 1977 makes it illegal for an American businessperson to give anything of value to any foreign official in order to influence an official decision. A. Applicability of the Act B. Prohibitions under the Act C. Penalties for Violations of the Act 1. Criminal 2. Civil 3. others D. Defense under FCPA 1. Lawful payment 2. Bona fide expenditures E. Fraud/Scandal of the FCPA of 1977 1. Detection method 2. Importance of Early Detection 3. Big problems for small corporations/organizations 4. Types of fraud and who is involved 1V. Sarbanes Oxley Act A. The effects of Sarbanes-Oxley Act on corporate culture (1) Increase in accounting costs (2) Increased records-management requirements (3) Salary increases (4) Increase in audit fees B. Need for Continuous Auditing/ Continuous Monitoring and its benefits C. Role of internal Auditing and Management. D. Identification of Control Deficiencies – What is the Act doing to minimize. E. Fraud/Scandal, Waste,...
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...investors is one of the most important functions of companies, furthermore, a significant objective of the Corporations Act (CA) is to encourage and regular those kind of investments. Usually, when a company want to offer securities, a disclosure documents (DD) must be issued simultaneously. The types of DD were given by s 705, and prospectus was including in. From s 706 “ ISSUE OFFERS THAT NEED DISCLOSURE”, we can find that, “ An offer of securities for issue needs disclosure to investors under this Part unless section 708 or 708AA says otherwise.” Obviously, to solve this issue we need to discuss if the Growth Ltd can fulfill the circumstances under s708 or 708AA. As there are too many subsections under s 708 and s 708AA, i will pick out sever subsections instead of copy all of them here. 从投资者筹集资金的能力是企业最重要的功能之一，此外，公司法（CA）一显著的目标是鼓励和定期的一种投资。通常，当一个公司希望提供证券，一个披露文件（DD）必须同时发出。 DD的类型由s705分别给予和招股说明书，包括研究。从s706“需要泄露问题提供了”，我们可以发现，“对于发行证券的要约需要向投资者披露在本部中，除部分708或708AA否则说，“很显然，要解决这个问题，我们需要讨论，如果公司成长可在S708或708AA履行情况。因为有书下708太多小节和S708AA，我将挑选出断绝小节，而不是拷贝他们都在这里。 Application In case one, the amount of fundraising is $m20, which can be considered as a large offer. Thus, the subsection (1) - (7) of s 708, Small scale offering, will not be applied here. For example, s 708 (1) b showed that the offer of ”$ 2 million ceiling”. For some special investors, the offers can be issued without DD, for example “wealthy investors”, “experienced investors”, “professional investors” and “senior managers”( s 708...
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