...this situation, a liberal Filipino would want to know the reason(s) behind the advertisement, which states the main point of this selection. I believe that it was a careless act, imprudent of ethics, and very unprofessional when seen through a person infused with the Philippines’ culture. We are often, if not all, known for the fact that we offer our pakikisama to each other. In local workplace, this is essential for a comfortable and more efficient job; internationally, our pakikisama may also result to what we are commonly known for, our being hospitable to foreigners. Through this, we were identified as one of the happiest countries. In relation to this, when we connect to a vast variety of people through many places, it leads to a positive form of identity. In other words, whether we are in a professional environment or not, our identity is on the bright side. Although these might seemingly sound like benefits, they are actually our weaknesses; we are so focused on giving out pakikisama to the others, that we are obviously taken advantage because of it. To some, the Philippines might pose like an...
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...Table of Contents Introduction 2 Summary of the Article 2 Overview of Positive Accounting 2 Research Question 3 Theoretical Framework: 3 The Significance and Limitations of the Article: 4 Findings of Article 4 Conclusions 5 Bibliography 5 References 6 Introduction The main purpose of this report is to focus the positive accounting theory “Towards a Positive Theory of the Determination of Accounting Standards” and written by (Watts & Zimmerman, 1978) Ross L. Watts and Jerold L. Zimmerman, who indicated with a number of significant research in order to describe and contribute positive accounting theory Summary of the Article The element of this article has found that management wealth are based on accounting standards such as cost of production, (purchase, labour and overhead) taxes, political influence. All of these elements are effect in a different way on the management benefits. One of the main points of this article is that earning policy which means (decreasing profit or increasing profit) affects the company size, reputation of entities and certain standards. As a result of this development, management of the organization wealth will increase in a positive way. It is definitely clear to say that (Watts & Zimmerman, 1978) used solid data from the entities, which produce information to the FASB's Discussion Memorandum on General Price Level Adjustment. Findings of this report include to "choose accounting standards which report lower earnings...
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