Symbolism of Nature in Poems - 550 Words

In literature, writers often use symbols of nature to symbolize emotion and reflection. Flowers may symbolize life as drought may symbolize death and a loss of hope. In the poems â€Å"The Road Not Taken,† â€Å"Stopping By Woods on a Snowy Evening,† and â€Å"A Poison Tree,† Frost and Wordsworth use the shallow image of a flower and the woods to symbolize a change of emotion and thought in one’s life. Two roads diverging in different directions lead to an unknown destination because no one knows where the paths will take them. The two paths in the woods are symbolic for there being many choices in life. The speaker also depicts the two paths with leaves covering both equally, which shows that both are mysterious and lead to somewhere unknown to the person traveling it. Also, that no matter what choice is made do not look back, but to keep moving forward. For example in the poem the speaker says, â€Å"I took the one less traveled by, and that has made al l the difference.† (536) it depicts that the person is picking the path not commonly chosen by others even if it does not lead to good things. It may be much more difficult, and although it is going against everyone it has set the speaker apart from others. The woods are used as a symbol of a passage to temptation and darkness in the poem, â€Å"Stopping by Woods on a Snowy Evening†. It is also described as a place of glamour that has diverted the speaker from fulfilling the promise. The poem uses the horse with the bell attached to it as aShow MoreRelatedNothing Gold Can Stay by Robert Frost Illustrates Nothing Lasts Forever604 Words   |  3 PagesCan Stay† is a poem written by Robert Frost in the year 1923. The poem illustrates the fact that nothing will last forever. It especially stresses the fact that money will not last forever, and will soon disappear. Frost makes his point clear throughout the poem by alluding to nature. The entire poem talks about objec ts in nature that seem beautiful at first, but then subside into nothing. Throughout the poem, Frost uses deep symbolism, rhyme, and allusion to reveal his point. The poem consists of vibrantRead MoreEssay on Symbols and Symbolism in the Poems of Robert Frost1463 Words   |  6 PagesSymbolism in the Poems of Robert Frost    Nature has inspired countless poets from primitive times to the present. They have used it as a metaphor for virtually all human emotions-his stormy brow, her sky blue eyes, as wild as a summer storm. Very few, however, have so masterfully crafted their verse to fully express the range of nature’s power and influence, or suited the tone of a poem to encompass both human nature and ‘true’ nature. This is true in the poetic works of Robert Frost. The aspectsRead MoreNothing Lasts Forever in Robert Frosts Poem, Nothing Gold Can Stay690 Words   |  3 Pagesâ€Å"Nothing Gold Can Stay† is a poem published by Robert Frost. The poem illustrates the fact that nothing will last forever. It especially stresses the fact that money will not last forever and will soon disappear. Frost makes his point clear throughout the poem by depicting nature. The entire poem talks about objects in nature that seem beautiful at first, but then subside into nothing. Throughout the p oem, Frost uses deep symbolism, rhyme, and allusion to reveal his point. The poem consists of vibrant andRead MoreEssay Biblical Symbolism in Rime of the Ancient Mariner1004 Words   |  5 PagesSamuel Taylor Coleridges poem The Rime of the Ancient Mariner, written in 1797, has been widely discussed throughout literary history. Although critics have come up with many different interpretations of this poem, one idea that has remained prevalent throughout these discussions is the apparent religious symbolism present throughout this poem. The Ancient Mariner contains natural, gothic, and biblical symbolism; however, the religious and natural symbolism, which coincide with one another,Read MoreWilliam Tennyson s The Fish And The Eagle993 Words   |  4 PagesNature can be one of the most awe inspiring things in the world. Nature has been the inspiration and basis for which man has created many things in this world. Nature is also one of the most beautiful things in the world and has s o much to offer people, but some people don’t take the time to go out and enjoy nature often enough. Some people are surrounded by nature’s beauty every day, but often fail to fully appreciate nature’s beauty. However, that is not the case for poets Elizabeth Bishop andRead More Symbolism and Allusion in Maya Angelous My Arkansas Essay821 Words   |  4 Pages Symbolism and Allusion in Maya Angelous My Arkansasnbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; nbsp; nbsp;There is a deep brooding/ in Arkansas. Arkansas is stuck in the past, its memories of hatred and crime from ante-bellum days hindering the progression towards Civil Rights. Maya Angelous poem of the struggle to a new wave of equality uses both general symbolism and historical allusion to make its theme clear to the reader. The poem uses general symbolism in natureRead MoreA Small Porch By Wendell Berry1161 Words   |  5 Pagesâ€Å"A Small Porch† is one of the most popular works associated with him. It is a collection of poems conveying different messages. The poet delivers the information using various elements of poetry. Among them is the symbolism, which is, be the principal focus of this paper. The first instance where symbolism is evident is in the poem â€Å"The long cold drive life inward.† There are several symbols used in the poem (Pg. V). For example, snow is symbolic of hardships faced by people in the society. HoweverRead MorePoem Analysis Of The United Fruit Company By Pablo Neruda927 Words   |  4 PagesPoem Analysis: United Fruit Company by Pablo Neruda Pablo through the poem speaks his mind of experiences in Latin America by using the company of the United Fruits to describe the injustices to the locals vividly. Throughout the poem, Pablo uses a great deal of symbolism, metaphors, and connotations to relate the situation in Chile. The evidence of the setting as Chile is described in line 8 and 9 where the poet describes it as ‘†¦coast of my world†¦.waist of America.’ Through the use of the wordRead MoreSamuel Taylor Coleridge s The Rime Of The British Romantic Movement1065 Words   |  5 Pagesfamous poem, â€Å"The Rime of the Ancient Mariner.† â€Å"The Rime of the Ancient Mariner† is the longest major poem by Coleridge. It was written between 1797-1798 and published in 1798 in the first edition of Lyrical Ballads. It was a shift to modern poetry and the beginning of British Romantic literature. No other period in English literature displays more variety in symbolism, style, and theme than Romantic. There are many examples of symbolism in the story. Coleridge believed that using symbolism in hisRead MoreThe Tyger, The Lamb and Lord of the Rings1031 Words   |  4 PagesTiger†, and vice versa. These two poems are unbelievably complicated when trying to search for a real deeper meaning. There is an immense amount of symbolism used throughout both poems, and many different things can be taken away about the author’s thoughts religion, nature, and the battle between good and evil in one’s mind. In the novel, The Lord of the Rings by J.R.R Tolkien, there is seemingly a lot left up in the air about religion and the symbolism of nature, but when read the way the author

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Heart Idioms and Expressions for ESL Learners

The following English idioms and expressions use the noun heart. Each idiom or expression has a definition and two example sentences to help you  understand these common idiomatic expressions. Once you have studied these expressions, test your knowledge with a  quiz testing idioms and expressions with heart. Break Someones Heart Definition: Hurt someone, usually romantically, or to cause some great disappointment. Angela broke Brads heart last year. He cant get over her.I think losing the job broke his heart. Cross Your Heart and Hope to Die Definition: Phrase meaning that you swear you are telling the truth. I cross my heart and hope to die. Shes coming tomorrow!Do you cross your heart and hope to die? I wont believe you otherwise. Eat Your Heart Out Definition: To be jealous or envious of someone else. Im going to New York next week. Eat your heart out!When he hears about your promotion hell eat his heart out. Follow Your Heart Definition: Do what you believe is right. I think you should follow your heart and move to Chicago.She said she had to follow her heart and marry Peter, even if her parents didnt approve. From the Bottom of My Heart Definition: Usually used in the first person, this phrase means that you are completely sincere. Youre the best player on the basketball team. I mean that from the bottom of my heart.I think you are a wonderful person. Really, I mean that from the bottom of my heart. Get at the Heart of the Matter Definition: Discuss the main issue, concern. Id like to get at the heart of the matter by discussing our marketing proposals.She didnt waste any time and got right to the heart of the matter. Be Halfhearted About Something Definition: Not do or take something completely seriously. I wish you werent so halfhearted about this new project! Get serious!She was rather halfhearted in her attempts to find a job. Have a Change of Heart Definition: Change ones mind. Fred had a change of heart and invited the young boy into his home.I wish you would have a change of heart about Tim. He really deserves some help. Have a Heart of Gold Definition: Be very trustworthy and well-meaning. Peter has a heart of gold if you give him the chance to prove himself.You can trust her. She has a heart of gold. Have a Heart of Stone Definition: Be cold, unforgiving. Shell never understand your position. She has a heart of stone.Dont expect any pity from me. I have a heart of stone. Have a Heart-to-Heart Talk Definition: Have an open and honest discussion with someone. I think its time we had a heart-to-heart talk about your grades.She called her friend Betty to have a heart-to-heart talk with her about her problems. Have Your Heart in the Right Place / Ones Heart in the Right Place Definition: To mean well, have the right intentions. Come on, you know John has his heart in the right place. He just made a mistake. Know Something by Heart /Learn Something by Heart Definition: Know something such as lines in a play, or music perfectly, to be able to perform something by memory. He knew all his lines by heart two weeks before the performance.You need to learn this piece by heart next week. Have Ones Heart Set on Something /Set Against Something Definition: Absolutely want something / Absolutely not want something. She has her heart set on winning the medal.Frank has his heart set against his promotion. Theres nothing I can do to help him. Ones Heart Misses a Beat / Ones Heart Skips a Beat Definition: To be completely surprised by something. My heart missed a beat when I heard the news that she was pregnant.She was so surprised by the announcement that her heart skipped a beat. Pour Ones Heart Out Definition: Confess or confide in someone. I poured my heart out to Tim when I discovered that I hadnt received the promotion.I wish you would pour your heart out to someone. You need to get these feelings out. Take Heart Definition: Have courage. You should take heart and try your best.Take heart. The worst is over.

Ethical Decisions Regarding Sociology An Important...

Ethical Decisions Regarding Sociology Sociologists create an important aspect of society, as they study and research different behavioral trend and norms to understand how society functions. They conduct research and surveys to gain knowledge about the subjects they are studying. This can range from a variety of environments from government social work to the medical profession. When conducting these studies it is important for sociologists to hold to a standard of ethics that guards and protects the participant’s and researchers involved. The Following examines an ethical issue, and delineates a moral response from two ethical viewpoints, as well as, a perspective from the American Sociological Association in order provide an appropriate and moral response to this scenario. Many times the work of a sociologist is involved in the medical field. As ethics and moral issues arise in the treatment of patient’s, sociologists have studied and provided standards in order for h ospitals to conduct themselves in a moral manner. â€Å"A good deal of medical ethics is based on consequentialist claims that social scientists are well equipped to assess† (Zussman, 2000: p 9). Within this environment, say a sociologist is studying the amount of time a Doctor spends treating a patient, as it is important to providing a proper diagnosis. However due to the increased number of patients the hospital admits, the sociologist notices the Doctor spending less time with more patients and moreShow MoreRelatedSociological Knowledge in Nursing Essays1301 Words   |  6 PagesSociology is the study of human social behavior, communities and society. It involves the evolution of society and human behavior and it focuses on how society can change human behavior based on interaction with each other (Bennett, B., 2009 p.2). Nursing is a health care profession which concentrates in supporting individuals, their families, and societies as a whole in preserving, attaining an d improving best possible health and functioning (Kozier, et al., 2010 pp. 8-9). Sociological knowledgeRead MoreThe Case Involving Bmw And Dollar General1005 Words   |  5 PagesI have already talked about the case involving BMW and Dollar General, presenting Equal Employment Opportunity Commission’s revised guidance regarding usage of conviction records in hiring decisions. And this shed some light on discussed issues, but in order to attain wide, broad standpoint, other cases should be examined. In their article Callier, Huss and Juengst present this controversial case revolving around the problem of criminal records and hiring. Recently, University of Akron enacted theRead MoreThe Role Quality of Life Issues Displays in Medical Decisions978 Words   |  4 PagesThe Role Quality of Life Issues Displays in Medical Decisions Jahi McMath is a 13-year-old girl living in Oakland, CA who was declared brain dead by multiple neurologists more than three months ago. Jahi was declared brain-dead December 12th after barriers during surgery a few days earlier to remove her tonsils, adenoids, and uvula at Childrens Hospital Research Center Oakland. At least three neurologists confirmed that Jahi was unable to breathe on her own, had no blood flow to her brain, andRead MoreInformed Consent And Its Perilous Deception1282 Words   |  6 Pagesinformed about all aspects of their healthcare and has the ability to participate in choices and make an apprise decision regarding their care. It is the legal right of the patient to direct what happens to them and the ethical duty of the doctor to involve the patient in their care. My final paper analyzes informed consent and its perilous deception. I shall present three main points against informed consent by arguing the complexity of the information given to the patient, t he decision-making processRead MorePersonal Values and Ethical Standards1728 Words   |  7 PagesPersonal Values and Ethical Standards In order to start this paper, I had to make sure I knew the differences between values, moral and ethics. It’s believed that values are what we learn from childhood from parents and surrounding influences of adults involved in the child’s life. Morals are the beliefs developed from that value system and how one should behave in any given situation. Ethics on the other hand is how someone actually behaves in the situation that may test ones morals and valuesRead MoreA Report on Anti-Abortion1466 Words   |  6 Pageswomen who have them, and also serving to destroy the moral fabric of our society. Many devout religions are against abortion under any circumstances, including incest and rape. In a speech delivered by Pope John Paul II in 1979, All human life from the moment of conception and through all subsequent stages is sacred, because human life is created in the image and likeness of God (Quotes). Pro-Choice activists look at this aspect of opposition as something archaic and inhumane, but this is not theRead MoreThe Value of Digital Privacy in the Information Technology Age1283 Words   |  5 Pagesprivacy of individuals on the other, are creating a myriad of conflicts regarding ethics, laws and personal rights. Never before in the history of modern society has there been such a strong emphasis on capturing, analyzing, categorizing and using personal data that had been highly protected in the past for purposes of securing nations (Ottensmeyer, Heroux, 1991). Correspondingly, there has never been a time when every aspect of life in an organization is monitored, from pers onal computer and telephoneRead MoreAnimal Rights Research Paper2580 Words   |  11 Pagespertain to animals that are used for entertainment. I will explore the way peoples beliefs have evolved overtime to impact the changes in animal rights laws. My research will help to educate people on animal rights and to hopefully to ensure the ethical treatment of animals in the entertainment industry. By gathering information from college students I will show the students education to animals rights as well be able to provide some insight to their views to animal rights. Using the data collectedRead MoreConfucianism And The Chinese Culture Essay1606 Words   |  7 Pagesby his students and the conversations they had with him. These collections of transpositions are called the Analects. It was based on three presuppositions: to become the most orally upstanding person possible, to understand hierarchical roles in society and to properly uphold those roles accordingly-starting from within t he family, and the fact that when people are show how to properly comport themselves, they will carry themselves in that matter regardless of how the might be as a person. In a wayRead MoreHeterosexism, Racism, and Feminism1890 Words   |  8 PagesFeminism Sexuality is a fundamental aspect of being human all through life and includes gender identities, sex, and sexual orientation, roles, eroticism, intimacy, pleasure, and reproduction (Chapman, 2008). Sexuality is expressed and experienced in thoughts, ideas, fantasies, desires, manners, values, behaviors, roles, relationships and practices. Though sexuality can encompass all of these aspects, not all of them are for all time experienced or demonstrated (Hunter

Lifo and Fifo Free Essays

Methods are accounting techniques used in managing inventory and financial matters involving the amount of money a company has tied up within inventory of produced goods, raw materials, parts, components, or feed stocks. FIFO stands for first-in, first-out, meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact newest physical object has been tracked and sold; this is just an inventory technique. LIFO stands for last-in, first-out, meaning that the most recently purchased items are recorded as sold first. We will write a custom essay sample on Lifo and Fifo or any similar topic only for you Order Now Since the 1970s, U.S. companies have tended to use LIFO, which reduces their income taxes in times of inflation. [1] The difference between the cost of an inventory calculated under the FIFO and LIFO methods is called the LIFO reserve. This reserve is essentially the amount by which an entity’s taxable income has been deferred by using the LIFO method. LIFO liquidation Notwithstanding its deferred tax advantage, a LIFO inventory system can lead to LIFO liquidation, a situation where in the absence of new replacement inventory or a search for increased profits, older inventory is increasingly liquidated (or sold).If prices have been rising, for example through inflation, this older inventory will have a lower cost, and its liquidation leads to the recognition of higher net income and the payment of higher taxes, thus reversing the deferred tax advantage that initially encouraged the adoption of a LIFO system. Some companies who use LIFO have decades-old inventory recorded on their books at a very l ow cost. For these companies a LIFO liquidation results in an inflated net income (and higher tax payments). Companies can use liquidations to manage their earnings.; How to cite Lifo and Fifo, Papers

IFSR Adoption in Malaysia for Pacific Countries- myassignmenthelp

Question: Discuss about theIFSR Adoption in Malaysia for Pacific Countries. Answer: Introduction The International Financial Reporting Standards (IFRS) were developed by the International Accounting Standards Board (IASB) in 2001. The IFRS provides a global guideline that helps the entities in preparing and disclosing their financial reports and statements. This report addresses the adoption of IFRS and IFRS 13 in Malaysia in comparison with other Asian and Pacific countries. The concept and the underlying assumptions of fair value accounting according to IFRS 13 Fair value measurement. According to IFRS 13, the Fair value is defined as to the price to be received when an asset is sold or the price paid when a liability is transferred between two market players in an orderly manner at the measurement date. There are several assumptions that have to be considered when measuring a fair value according to IFRS 13. One, location, conditions and sale's restriction attached to the asset or liability to be measured should be included. Two, the disclosure of the principal market where the orderly transaction for asset or liability would be executed (Albu, Albu, Alexander, 2014). Three, disclose the best or highest application of an asset especially when the asset is used for the non-financial purpose either as a stand-alone or in combination with other assets. And four, a disclosure of the market participants that would be involved in the pricing of the asset or liability (Yang, Clark, Wu, Farley, 2015). Conversely, the IFRS 13 involves detailed disclosures which assist the financial statement users to assess the techniques used for valuation inputs and techniques applied in measuring fair values. The fair value measurement techniques are updated regularly in line with the changes in the market. The IFRS 13 standards involve three hierarchical levels in establishing a fair value of an asset or a liability (KPMG, 2011). Literature Review on the application of IFRS in Malaysia, Azerbaijan, India, and Australia. This section discusses the existing literature on the adoption, implementation, and application of IFRS in Malaysia, Azerbaijan, India, and Australia. IFRS in Malaysia The adoption of IFSR is Malaysia was intended to standardize the country's accounting standard to the rest of the world. Previously studies showed that there existed varying findings in establishing the fair value of assets or liabilities. The standardization of the accounting processes included both the reporting and environmental accounting. Previous studies established that accounting reporting standards in Malaysia still varied during the early stages of IFRS adoption (ACCA, 2013). However, many of these studies were adopted in the early phases of IFRS implementation. This has been proved by the recent studies where the adoption of IFRS is in its late phase. A comparison between the past and recent studies have shown a huge variance on the application of IFRS guidelines (Goyal, 2013). In Malaysia environment has a major effect on economic growth and development. In other words, environmental accounting is fundamental to the country's economic development. Hence IFRS was adopted in Malaysia to help in addressing and standardizing the accounting issues surrounding the environmental accounting (Gan, Chong, Ahmad, 2016). However, several studies have shown that the adoption of IFRS to, directly and indirectly, address environmental accounting disclosures have not fully proven to be fruitful. This is contrary to the European countries where the adoption of IFRS has become mandatory in enhancing information quality on environmental accounting. With the increasing global adoption of IFRS developing countries like Malaysia could not be left behind (Ismail, Kamarudin, Zijl, Dunstan, 2013). The use of IFRS techniques in reporting environmental financial practice in Malaysia is increasing on a daily basis. Studies have shown the importance of standardizing environmental reporting. Irrespective of the improved adoption of IFRS in Malaysia, there is still the need of tying the loose ends. IFRS has been accepted as the technology that can help in setting environmental reporting framework and principles. According to a study by He, Wong, Young, (2012), there was a need to adopt a proper framework of treating environmental accounting. The study further conducted a comparative analysis on companies in Australia and Malaysia and their adoption of IFRS principles. The findings stated that the Australian countries reported a high rate of applying IFRS in the disclosure of environmental accounting as compared to those in Malaysia. Therefore, credible environmental accounting principles and framework should be implemented to eliminate the factors that hinder standardized reporting of environmental accounting (Kris Andrea, 2016). Despite the adoption of IFRS framework and principles in handling environmental reporting and accounting standards in Malaysia, there is still a variance to the global standards. There is still a lot to be done to fully implement IFRS after its adoption. IFRS in India Prior to the full adoption of the IFRS in India, the country faced a lot of confusion over its implementation. The treatment of tax issues was a major factor that needed a lot of clarity considering that India had its own accounting system in place i.e. Indian Accounting standards (Ind-As). India was pushed to adopt the IFRS as a way of catching up with the global accounting trends. The country showed the need of adoption the IFRS in order to reform the processes involved in conducting businesses. The move would also ensure that its companies would remain competitive in the global market by enhancing their credibility (Negash, 2009). Differences between the IFRS and Ind-As Many corporates objected the adoption of the IFRS in India before some accounting issues had been addressed. The issues were based on the existing differences between the IFRS and the Ind-As. First when addressing the presentation of Financial Statements, the IAS (IFRS) allows entities to follow either single or two statement approach while the Ind-AS only allow the use of single statement approach (Albu, Albu, Alexander, 2014). Second, Ind-AS states that unrealized exchange difference arising from the foreign exchange when recognized as Equity should be transferred to the Profit loss account at the end of maturity period of the monetary item. On the other hand, IAS 21 states that unrealized exchange difference coming from long-term assets and liabilities monetary items should be recognized immediately as Profit loss item. Third, according to the Ind-AS, expenses should be classified based on the nature of such expenses when being presented to the Financial Statements. On the other hand, IAS states that expenses can be classified based on either function or nature of such an expense whichever the option that offers more relevant and reliable information (Lehman, 2006). These are just but a few issues that lead to the conflict between the two accounting systems. Such differences between the two systems led entities to incur extra cost when converting their financial reports from one method to the other. Therefore, several corporates accepted the need to harmonize the Ind-AS with the IFRS. The objective was to eliminate the existing differences when reporting similar transactions. To eliminate the existing discrepancy, accounting bodies around the world decided to come up with a uniform standard of accounting. This was the genesis of the IFRS developed by the International Accounting Standards (IAS) and was expected to be adopted globally. The Indian accounting body had no option but to adopt the IFRS method to maintain the credibility and competitiveness of its companies in the global market (Albu, Albu, Alexander, 2014). IFRS in Australia IFRS was adopted in Australia in 2005 because the country wanted to be part of the global countries that were advocating for high quality and consistent financial reporting. Before 2004, the country was using the Australian accounting standards (ASB). With the expansion of globalization, entities were advancing into foreign markets and Australia could not be left behind. IFRS would ensure that its corporations would receive global recognition as well as access the foreign capital markets easily. The adoption of IFRS guidelines would ensure independence, best practices and increased disclosure of entities annual reports (Wayne, 2004). Likewise, being among the founding members of the IASB in 1973, Australia had a mandate of participating and contributing to the development of a universally acceptable accounting standards. It would not be convenient to continue with its Australian accounting standards and at the same time remain a member of the IAS. Therefore it was an opportune time for Australia to harmonize its accounting guidelines by adopting the IAS' IFRS. The adoption also ensured that the Australian investors had access to credible financial information. Lastly, the adoption would ensure that companies save the cost of reconciling its financial reports between different accounting methods now that most countries were steadily adopting the IFRS method (KPMG, 2011). Some studies were conducted to examine whether the Australian decision to adopt the IFRS was the right one. The studies found out that the advantages associated with IFRS are the growth of the country's capital markets, higher trade volume, and increase in the cash inflows. Likewise, the adoption made it easier for the Australian companies to expand their business both within the region and globally (Chand, 2005). However, there exists some argument against the adoption of IFRS. For instance, it has been stated that by adopting IFRS, the AASB lack the independence of accessing and controlling companies' financial reports. Definitely, the advantages outweigh the disadvantages on the adoption of IFRS. In conclusion, Australia still use its AAS because it has a wide coverage on some parts missing from the IFRS. Full adoption of the IFRS is a process that would take sometimes. It should be agreed that with successful development and expansion of the IFRS, the disadvantages would not exist in the future. Whether or not Australia has benefited by adopting the IFRS is depend on the full development of the method in the future (Wayne, 2004). IFRS in the Azerbaijan Republic The existing literature has outlined several advantages of IFRS adoption to the Azerbaijan Republic and its organizations. The basis of adopting IFRS in the country was to promote accounting transparency, high quality, and disclosure of financial reports in line with the globally accepted standards. Adoption of IFRS accounting method is associated with several advantages. First, it has led to a stable financial system and economic growth in Azerbaijan. Second, it has enhanced the attraction of international investors to the economy (ACCA, 2013). Third, the country has been integrated into the global market. Local companies can now compete with foreign companies in the competitive global market. Companies from the Azerbaijan Republic can compete fairly in the market. Lastly, the adoption has enhanced the development of the country's stock exchange market. Organizations also stand to benefit more from the adoption of the IFRS methods. First, it promotes transparency of financial report disclosure. It has been proven that using IFRS method to prepare financial statement offer accurate and comprehensive financial information. Second, other advantages include effective use of resources, comparability, understandability, easier decision-making, and creation of new funds. For example, recognition of revaluation decrease or increase and impairment losses leading to an increase or decrease of a company's equity (Madah Marzuki Abdul Wahab, 2016). However, the accounting board of Azerbaijan Republic has pointed out several challenges that are a hindrance to the proper application of IFRS. It has been stated that regulations such as impairment test, and hedge accounting within the IFRS are complex in nature. Companies and accoutring personnel might lack the expertise of addressing these regulations (KPMG, 2011). The disclosures on the use of fair value accounting in the 2016 annual reports of four companies (two Malaysian and two Australian companies). This section compares the application of fair value disclosure by Petron Malaysia Refining Marketing BHD and the Boustead Heavy Industries Corporation Berhad (both in Malaysia) and ASX Limited and Brambles Company (both in Australia). The comparison is based on the four companies 2016 audited annual reports. An analysis of the four companies' 2016 annual reports, it has been revealed that all of them use the IFRS method in their financial preparation and reporting. Likewise, the entities also use IFRS 13 for the disclosure of their financial assets and liabilities. The companies applied the three hierarchical level of fair value disclosure namely; Level 1 consist of fair value realized from unadjusted quoted price in the active markets Level 2 consist of fair value realized from inputs instead of quoted prices carried from level 1. Level 3 consist of fair value realized from the unobservable inputs for financial assets and liabilities. For instance, the Petron Malaysia Refining Marketing BHD made no transfers between level 1 and 2 fair values during 2016. The Company's level 2 fair value was as follows; The fair value of assets and liabilities realized from forwarding exchange contract stood at $ 2,336,000 and -$77,000 respectively. Likewise, the fair value of assets and liabilities realized from Commodity swaps were $622,000 and -$21,625,000 respectively. Lastly, the fair value of the company's liabilities realized from foreign exchange contracts fair value level 2 changed from -$ 8,000 in March 2016 to -$461,000 December 2016. Likewise, level 2 fair value from commodity swap liabilities changed from -$14,236,000 in March 2017 to $-10,668,000 in December 2016. The Boustead Heavy Industries Corporation Berhad uses the market prices to determine the fair value of its assets and liabilities. However the company does not carry its trades and other receivables, amount arising from joint ventures, loans and borrowings, and trade and other payables at the fair value but rather it uses their carrying amounts. Notably, the company's long-term financial instruments are listed under level because they are determined using the discounting rate of their future cash flows. The company's estimated financial liabilities fair value changed from RM 207,000 in 2015 to RM 888,000 in 2016. According to the ASX Limited's 2016 annual report, no assets or liabilities were measured at a fair value on a non-recurring basis. The company's level 1, level 2 and level 3 fair value assets stood at $548.2m, 3583.1m, and 23.3m in 2016 and 402.2m, 2798.5m and 0m in 2015 respectively. The total fair values increased from 3200.7m in 2015 to 4154.6m in 2016. Lastly, the Brambles Company used the binomial valuation methodology in determining it's the fair value of its grant shares. The comparative analysis shows that the four companies use fair value techniques for the disclosure of their financial assets and liabilities. Discuss if your findings support (or reject) the view that the use of fair value accounting since IFRS harmonisation in Malaysia has improved the quality of information disclosure. Definitely, the adoption of the IFRS fair value accounting has not only helped in the harmonization of the entities financial reports but also maintain the credibility of the Malaysian companies in reporting their financial statements. The adoption of the IFRS have helped the country's accounting system to Address and standardize the accounting issues surrounding the environmental accounting, Help in setting environmental reporting framework and principles, Maintain the credibility and competitiveness of Australian companies in the global market, Led to stable financial system and economic growth in Malaysia, Enhance the attraction of international investors to the economy. Integration of the local companies into the global market. Companies can now compete fairly with foreign companies in the competitive global market Republic can compete fairly in the market, Enhance the development and strengthening of the country's stock exchange market. And, the IFRS method supports the preparation of financial statement in a more accurate and comprehensive manner. References ACCA. (2013). Environmental Accounting and Reporting. Retrieved 09 22, 2017, from https://www.accaglobal.com/my/en/student/acca-qual-student-journey/qual-resource/accaqualification/p1/technical-articles/environmental-accounting-and-reporting.html Albu, C., Albu, N., Alexander, D. (2014). When global accounting standards meet the local context? Insights from an emerging economy. Critical Perspectives on Accounting, 489-510. ASX Limited. (2016). Annual Report 2016. Retrieved from https://www.asx.com.au/about/interactive-annual-report-2016/files/assets/basic-html/page-1.html Brambles Limited. (2016). Anuual Report 2016. Sydney: Brambles. Retrieved from https://www.brambles.com/annual-reports Chand, P. (2005). Impetus to the success of harmonization: the case of South Pacific Island nations. Critical Perspectives on Accounting, 16(3), pp. 209-226. Gan, C. Y., Chong, L. L., Ahmad, Z. (2016). Impacts of FRS139 adoption on value relevance of financial reporting in Malaysia. Managerial Finance, 42(7), pp. 706-721. Goyal, N. (2013). Integrating Corporate Environmental Reporting IFRS/IAS: Need of the hour. International Journal of Management and Social, 50-55. He, X., Wong, J., Young, D. (2012). Challenges for Implementation of Fair Value Accounting in Emerging Markets: Evidence from China. Contemporary Accounting Research , 29 (2), pp. 538-562. Ismail, W., Kamarudin, W., Zijl, T., Dunstan, K. (2013). Earnings quality and the adoption of IFRS?based accounting standards: Evidence from an emerging market. Asian Review of Accounting, 21(1), pp. 53-73. KPMG. (2011). Insights into Malaysia's convergence with IFRS. KPMG. Kris, P., Andrea, W. (2016). Across the board-IFRS: reporting revolution or expensive distraction. KPMG, 1-13. Lehman, G. (2006). International Differences on Corporate Environmental Disclosure Practices: A Comparison Between Malaysia and Australia. Adelaide: University of South Australia. Madah Marzuki, M., Abdul Wahab, E. A. (2016). Institutional factors and conditional conservatism in Malaysia: Does international financial reporting standards convergence matter. Journal of Contemporary Accounting and Economics, 12(3), pp. 191-209. Mokhtar, N., Sulaiman, M. (2012). Environmental Reporting Practices of Malaysian Governement Linked Companies (GLCs). International Journal of Economics and Management, 241-277. Negash, M. (2009). FRS and Environmental Accounting. In: Management Research Review. Denver: Emerald Group Publishing Limited, 577-601. Petron Malaysia. (2017). Petron Malaysia Refining Marketing Bhd: Annual 2016 report. Malaysia. Retrieved from https://www.petron.com.my/web/site/annual the Boustead Heavy Industries Corporation Berhad. (2016). 2016 Annual Report. Boustead. Wayne, L. (2004). The Emasculation of Accounting Standard Setting in Australia. Yang, H. H., Clark, C., Wu, C., Farley, A. (2015). Insights from Accounting Practitioners on China's Convergence with IFRS. Australian Accounting Review, doi:10.1111/auar.12182.

Hinduism Discussion Essay Example For Students

Hinduism Discussion Essay November 19, 1997 By Jordan Bruins Buddhism/Hinduism Comparison Report Hinduism is the oldest known religion and is very rich with literally hundreds of gods, symbolistic rituals and beliefs. It is believed to have been established around 1500 B.C. but no one person founded Hinduism as it evolved over a long period of time. Buddhism on the other hand has a definite founder, Siddhartha Gautama who is otherwise known as the Buddha or Enlightened One who lived from 565 to 483 B. C. Both these religions originated in India. Siddhartha Gautama was a Hindu who found Hindu theology lacking and after years of searching for truth created a religion now known as Buddhism. Because of these basic similarities, the two religions have much in common, but in the same light they differ immensely. The concept of a god or gods in Buddhism is almost void and therefore in the eyes of some not even a religion. Hindus have many gods governing different aspects of Hindu life. The three main gods in Hinduism are Vishnu who is the sustainer, Brahma is the creator and Shiva the destroyer. Collectively referred to as Trimuti. Most Hindu gods are associated with animals and therefore Hindus feel that being a vegetarian is vital. Cows are sacred in Hinduism and are worshipped as the divine mother, making eating beef taboo. Buddhism involves meditation and prayer. In Buddhism, one must understand the four noble truths and accordingly follow the Eightfold path which describes the ways in which one must live. Hindu scriptures advocate the pursuit of many goals in ones life including righteous living, wealth, prosperity, love and happiness. The ultimate goal is to achieve Nirvana. There are numerous rudimentary similarities and differences between Hinduism and Buddhism. In Buddhism the place of women is an inferior one which stems from traditional, cultural, and social values of Asia. Although females can accumulate good karma, they can rarely attain Nirvana and therefore must wait until they are born as men. In Hinduism the role of women is downgraded as well and no act is to be done according to her own will. A woman must always be cheerful and clever in the household business and keep the furniture well cleaned. She must always have a free hand. She must have only one husband, even if he dies. If a woman commits adultery, she must be burned to death and all property a couple may acquire belongs to the male. Buddhists preach compassion, charity and nonviolence and while Hindus profess pacifism and ahimsa which is the avoidance of harm to people and animals they still believe war is justifiable in certain cases. They see it as their duty to fight in a just war. Harming others is wrong but if refusing go to war will cause undue suffering to others, then violent acts are justifiable. There is no greater good for a warrior than to fight in a righteous war (Bhagavad Gita 2:31) Many Buddhist beliefs and goals are similar if not the same as Hindu beliefs and goals. The concept that life is suffering is common to both as well as the concepts of reincarnation, Dharma, Karma and Nirvana, although they have some slight differences. In Buddhism there is the concept of two extremes, one devoted to pleasure and lust and one devoted to mortification. Both are considered profitless and therefore one should take the middle path which leads to insight. Hindus believe that life has no ultimate significance and is but a small part in a vast unending, and essentially meaningless cycle of life and death, they believe everything has a soul or atman. Hindus believe in reincarnation and the transmigration of the soul and the concept of successive rebirths until one dwells in Brahman forever after the quest for the realization of truth. This will lead one to true happiness or salvation. .u054fa803033a5817fcc55db9b0d31ebb , .u054fa803033a5817fcc55db9b0d31ebb .postImageUrl , .u054fa803033a5817fcc55db9b0d31ebb .centered-text-area { min-height: 80px; position: relative; } .u054fa803033a5817fcc55db9b0d31ebb , .u054fa803033a5817fcc55db9b0d31ebb:hover , .u054fa803033a5817fcc55db9b0d31ebb:visited , .u054fa803033a5817fcc55db9b0d31ebb:active { border:0!important; } .u054fa803033a5817fcc55db9b0d31ebb .clearfix:after { content: ""; display: table; clear: both; } .u054fa803033a5817fcc55db9b0d31ebb { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u054fa803033a5817fcc55db9b0d31ebb:active , .u054fa803033a5817fcc55db9b0d31ebb:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u054fa803033a5817fcc55db9b0d31ebb .centered-text-area { width: 100%; position: relative ; } .u054fa803033a5817fcc55db9b0d31ebb .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u054fa803033a5817fcc55db9b0d31ebb .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u054fa803033a5817fcc55db9b0d31ebb .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u054fa803033a5817fcc55db9b0d31ebb:hover .ctaButton { background-color: #34495E!important; } .u054fa803033a5817fcc55db9b0d31ebb .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u054fa803033a5817fcc55db9b0d31ebb .u054fa803033a5817fcc55db9b0d31ebb-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u054fa803033a5817fcc55db9b0d31ebb:after { content: ""; display: block; clear: both; } READ: Trapping Should Be Illegal-Then And Now Essay Although pleasure in moderation is all right, a Hindu must remember that life is suffering as is taught in Buddhism. Hinduism had no real expansion over the years and basically remained stable where it originated despite the influence of Buddhism, Christianity, and Islam. Hindus appreciated and were attracted by the stress on intricate worship which in turn