Role of Doctors Under Nazis :: essays research papers fc

Role of Doctors in Nazis Racial Hygiene Germany was out to establish a new utopian world order where everything worked in harmony. They wanted to become a healthy and vibrant organism of healthy Aryans. The German doctors were mobilized to create this new world. The German bureaucrats believed all their social burdens were brought on by the handicapped, incurables and homosexuals as well as the Jews and gypsies. The physicians were to use all their medical knowledge and scientific expertise in the treatment for their new world. The doctors had been led to believe in a brave new world, a biological superstate and committed their heinous crimes in its name. They were on a slippery slope that began of genetic perfectibility and ended with German superiority. How could this have happened in a society revered for its sophisticated culture and technological advances? The medical professionals of the early 20th century Weimar Republic were the best in the world. The Germans were pioneers in the areas of the medical field making technological strides and radical discoveries that significantly advanced the area of medicine. Aspiring medical scholars from the United States would routinely visit the University of Leipzig or the University of Berlin to study medicine in Germany and then go back to the United States to apply for study at Harvard. The medical pioneers also suffered from the effects of race, eugenics and euthanasia. Germany’s racial theories, often tainted with anti-Semitism, did not take place in a vacuum nor did they arise the moment the National Socialist Party took power. The work of many SS and Nazi doctors found support within the German medical community. This was especially true of those working in the field of eugenics or racial hygiene. At the turn of the century social Darwinism offered the hope of designing a new society where the fittest would survive and the weakest eliminated. Sound health, productivity and achievement would be the norms of developing this society. The science of eugenics was designed to improve the human race by controlling hereditary factors. Eugenicists firmly believed that through their discipline violence, crime, feeble-mindedness, genetic disease and other genetic illnesses could be removed from society. This could be done by cleansing the population of inferior racial traits by artificial selection, especially through sterilization. In the early part of the 20th century eugenics prospered in approximately 30 countries, notably America, England, Russia, Brazil, Mexico and Germany.

Literature Review on IT architecture

Literature Review Abstract The research is all about the use of information system in the organizations. There are many tools which are helpful in managing the whole organization. The business environment is getting highly competitive and many organizations are making strategies to grab the market share. A company was selected in order to understand the scenario. A conceptual frames work was developed in the mind to present the problem. The IBM organization was selected to conduct the research. Literature review presents the important theories and concepts along with the importance of he information system in organization.The introduction of the research was done by analyzing the problem which organization face because of the information. Literature suggested many systems which can improve the processes of the organizations. There are many other systems which can increase the performance infrastructure of service quality. The literature was extracted from different articles which imp roved the report. The report has many suggestions for the organizations. The study of this report can give solution to many problems which the company faced in the current scenario.The comparison was done in the later part of the report and the scenario and literature was matched in order to find loopholes in the system and to provide solution to incapability. Table of Contents Introduction 4 Literature Analysis 4 Current practice section 7 Comparison of Literature and current practice 10 Conclusion 11 References Literature 12 References Current Practice 12 Introduction Enterprise architecture is the process in which operation and structure of an organization is defined. The intention in the process is to achieve future and current objectives.One of the most agreed upon viewpoint is where business perspective, applications perspective, information perspective and technology perspective is part of the future objectives a company is likely to foresee. The use of enterprise architectur e includes properly documented processes, systems, infrastructure and applications. This assignment briefly discusses various theories of enterprise architecture particularly at the strategic level and thus explains the theory with a practical example which further glorifies the literature review.Literature Analysis The evolution of the enterprise information system and management is the core responsibility of the Chief Information Officer (CIO) of the company. The CIO information processing and decision making is aided by the technique or process known as Enterprise Architecture. A model based planning and management approach to evaluate management wise information system is called enterprise architecture. The complexity of business supporting system and its significance has been addressed in this enterprise architectural approach.The planning and problem information system is under the responsibility of the Chief Information Officer (CIO). Thus, it can be rightly stated that enter prise architecture is the best way to aid decision making of CIO (Stated et al. AAA). According to Eriksson and Pinker (2000), the importance of a good modeling framework should be emphasizes in the organization but the reason of choosing one model over the other is ambiguous. As a basic question, the model should be able to answer the questions pertaining to the reasons it is designed for.The enterprise architecture is successful in answering the question. The dilemma is to explore the probable questions the model is able to answer. In the enterprise architecture model it is possible to come across the questions of why and how of using the framework or model. In order to mitigate the risk involved, organizations can simply produce more than one model to select the most adequate one. Analysis of the enterprise architectures The decision making as followed by CIO can help in studying the architectural analysis model.The first step is to formulate scenario, the need to recognize the o ptions available to the CIO is the foremost step in order to foresee the information system of an organization. The possible future states of the company can be conjured by performing this step. The next step is to determine the criteria to decide upon; in this step criteria allow CIO to set a benchmark to evaluate different models. One of the important questions needed in setting the criteria are to find out business support, IT security and availability. In this paper, architectural theory or criteria is used to evaluate the model.After setting the criteria the next step is to analyze scenario, in which case one of the criteria is selected to evaluate both models and then so on and so forth. Stated et al. (AAA) explain that next, the firm undertakes the selection of the scenario where process selection of the model takes place on the Asia of the chosen criteria and the support offer to the decision making of CIO. Stated et al. (AAA) further elaborates stating that the birth of the enterprise architecture took place twenty years ago and designed to address two problems poor business alignment and system complexity.In poor business alignment the problem of IT system to align it with the cost is addressed. Kanji, H. And Burns, P. (2011) add that in system complexity entails the need to develop IT systems. The basic idea is to serve the organization with less cost involved but providing more value and utility. However, according to the theory of Stated et al. (AAA), the complexity and cost of these IT systems implemented in the organization have dramatically emphasized by now globally whereas the real value derived from the systems have decreased. Kanji, H. And Burns, P. 2011) stresses that the giant organizations fail to ignore such problems therefore the field of enterprise architecture is powerfully prophetic in the world today. Some methodologies of enterprise architecture are widely used in the world today however the large field makes use of mainly four me thodologies. According to Kanji and Burns (201 1), the taxonomy is given another name to the work of Coachman and is termed as the first methodology of the Enterprise architecture (EAI). Another methodology known as the Open Group Architectural Framework (TOGA) is more precisely or accurately defined as the process.The Federal Enterprise Architecture is defined as a method of creating enterprise architecture and thus also known as proscriptive methodology. The practice of architectural enterprise is known as the Gardner methodology. As articulated by Coachman (1982), the Canaan framework for enterprise is recognized s a framework which is contrary to the definition of the framework. The framework is defined as something that serves as a skeleton structure for construction. The second name given to the approach of Coachman is taxonomy and by definition it is a classification in ordered systems of organisms to give a natural relationship.The Coachman framework is in simple ways taxono my and organizing of architectural artifacts for instance models, documents and specifications. According to Coachman (1982), the enterprise manufacturing and engineering is around for more than thousand years and will remain for longer. However Kanji and Burns (2011) stress that the understanding of the process is changed with respect to time. The Canaan is the most frequently used technique in large firms due to ease of application and best responses. It is also desirable to cater for necessary complexities of the system design while Enterprise Architecture.Kanji and Burns (2011) also support the Open Group Architecture Framework (GOFF) which is which primarily used within four categories namely business architecture, application architecture, data architecture and technical architecture. The business recess to meet the desired goals is described in the business architecture. The designing of the application and their probable interaction is studied under application architecture. The access and organizing of the data store is termed under data architecture.Finally technical structure talks about the hardware and software to cater for application and access (Stated et al. , 2004). Kanji and Burns (2011) also explain the Federal Enterprise Architecture (FEE) which is done to amalgamate ubiquitous and functions under enterprise architecture. But Moms (2007) contends stating that this new methodology apparently s in the infancy stage so no noticeable work can be seen in the organization and there is not much talk about its failure. The last methodology employed in the Enterprise architecture (EAI) is Gardner.It is the practice rather than a process of an IT and research consulting organization Gardner. Literature Analysis summary The Enterprise Architecture is more of a theory than any thing practical. Above some methodologies are stated that shows different approaches to the EAI and can be studied when considering different perspective. It can also vary with r espect to the difference in opinion or difference in practice. These four approaches may be used by Giant Corporations to address different engineering, business and manufacturing issues.The large corporations are entitled to use complex systems which necessitate such EAI methodologies. Current practice section The implementation of the architectural enterprise is not resulted from designing the software or relating it with different business units. The organization itself along with processes affected must be changed sometimes in order to show flexibility and competency in the business functions. IBM has used EAI model in the multi-brand enterprise and multi divisional enterprise. The purpose of this model is to enhance the debate and sharing among the top executives within organization.It is also designed to reach at a common goal by ignoring most of the differences and reaching to the potential outcome. The global system practices are avoided by the corporations if the intended o utcome is local profit and loss only. In multi-local enterprises where P&L are regarded as the parameters to measure performance and that other performance measure are nonexistent. In this way two avenues left open for such kind of EAI. The first that change in the incentive system is needed to address the issue. In this way enterprise sharing of resource or enterprise integration can be enhanced which was much needed at MOM.The EAI system as employed in the IBM is based on four consenting I. E. Shared identity and purpose, common bonds of performance, shared knowledge and shared infrastructure. These elements when used together can help in integrating the organization with its functions (Gravesend, 2012). Figure 1 . Four factors necessary for integrating the organization Source: Adapted from Shoal S. And Grafton L. â€Å"Integrating the Enterprise. † MIT Sloan Management Review, Fall 2002, and Well P. , Suburban's M. , and Broadband M. IT Infrastructure for Strategic Agility . MIT Center for Information Systems Research Working Paper No. 329, April 2002 The CIO organization or IBM business transmission integrates all the business units across geographies and transform strategic business priorities into initiatives of transformation. The company is entitled for maintaining IT Landscape as per the strategic roadman provided. According to Gravesend (2012), any organization does require strategic planning. It provides them the leverage to enhance their capabilities and gives them a direction. There are many aspects of planning which collectively make a strategic plan.Strategic planning helps keep focus on the area that is most responsible for boosting the profit levels and overall performance of organization. Since it leads organization to be focused it automatically makes organization polish its skills that are more required in running the business in an efficient and effective way. Innovation and new offerings are always very important for any company to increase its sales. Variety in new products is the obvious way but the manager must work on the execution of the issuance of new product because most of the times poorly executed new offering perform poorly ND they end up in big losses.The basic need to implement EAI in the organization focused on the provision of the information and successful strategies in order to feed in the data before hand. This information should be sufficient enough for both stakeholders I. E. Team designing the software as well the top managers making use of the information stored. In order to address loop holes in the system, a best- practice approach must be used in the system. The imposed system should be open to any kind of re purposing and time should be saved by doing re purposing instead of re-inventing.Secondly, it is desirable that system provides future state of the IT landscape along with existing risk and cost analysis. One way of getting growth is to take full advantage of learning curve and ut ilizing economies of scale. Learning curve makes you more efficient in your production process. It tells you how to fully utilize your resources. Economies of scales help in reduction of average cost because of factors like managerial specialization and buying power. Strategic implementation is an ongoing process of an organization's plans which they made in order to survive and to earn profit for a longer period of time.It consists of series of action plans which are integrated to each other. Strategic implementation of the plans which were proposed for the extension and growth are very vital. The long term strategy can help them create a loyal customer and to get more profitable branches which can earn profit for at least five years. The implementation of EAI is found successful in the organization and supports the business functions across geographies. The Enterprise architecture used in the IBM is supported by Coachman methodology. His model is based on the integration of the or ganization which is clearly addressed in this section (lbs., 2013).Comparison of Literature and current practice Literature has enlightened many aspects of the information which can help any organization to prosper. The problem which they are facing is that they do not use any information system which integrates the employees. They are lacking in the internal information. According to literature there are many tools which will help the organization to increase their productivity. Software like management information system, decision support system and others can help to improve the information flow within the organization.The current situation is that they are losing customers because of the service delivery time. Information system will align all the departments and will provide the information about the customer which will increase the overall flow of information. Literature suggests that internal and external flow of information is very important for all the organization. Stakeho lders must be contacted in decision making process. Decision support system integrates all the stakeholders and provides the best possible solution to any business scenario.Internal information with the organization must be improved and transaction recessing system will be helpful to record all the business transactions. It was found in literature that information and feedback from employees and customer is very important and many organizations lose their customers because of this issue. Conclusion The report provides many aspects and after analyzing the literature and the other aspect it was found that companies must include information system in their system. It was found that communication with stakeholders is very important for any organization.They are the pillar of organization and help to build the reputation of NY organization. Organizations must contact different stakeholders and must take their views about the problems they are facing. The other dimensions which were found that management information system, decision support system and other systems are enhancing the capabilities of the organization. In service industry, the most important part is service delivery and these information systems are contributing to increase the performance. Internal and external sources of information are found very important for the organizations and they help to analyze the need of customer.

My Antonia Important Quotes Essay

1. â€Å"During that burning day when we were crossing Iowa, our talk kept returning to a central figure, a Bohemian girl whom we had both known long ago. More than any other person we remembered, this girl seemed to mean to us the country, the conditions, and the whole adventure of our childhood.† Explanation This passage from the Introduction is the first the reader hears of Antonia. The narrator of the Introduction, who grew up with Jim and Antonia in Nebraska, describes a train ride taken with Jim many years later and details their conversation about Antonia. They agreed that Antonia, more than any other person, seemed to represent the world they had grown up in, to the point that speaking her name evokes â€Å"people and places† and â€Å"a quiet drama . . . in one’s brain.† This quotation is important because it establishes that Antonia will both evoke and symbolize the vanished past of Jim’s childhood in Nebraska. It situates Antonia as the central character in Jim’s story and explains Jim’s preoccupation with her by connecting her to his memories of the past. Finally, it establishes Jim’s character with its implication that Jim shares the unnamed narrator’s romantic inclination to dwell on the past and to allow people and places to take on an extraordinarily emotional, nostalgic significance. 2. â€Å"Why aren’t you always nice like this, Tony?† â€Å"How nice?† â€Å"Why, just like this; like yourself. Why do you all the time try to be like Ambrosch?† She put her arms under her head and lay back, looking up at the sky. â€Å"If I live here, like you, that is different. Things will be easy for you. But they will be hard for us.† Explanation This dialogue from Chapter XIX occurs as Jim and Antonia sit on the roof of the chicken house, watching the electrical storm. The two have grown apart somewhat following Mr. Shimerda’s suicide, as Jim has begun to attend school and Antonia has been forced to spend her time working on the farm. Jim has found himself dismayed by Antonia’s increasing coarseness and her pride in her own strength. As they sit watching the lightning storm, Jim feels his old intimacy returning, and he brings himself to ask Antonia why she has changed. Antonia understands Jim’s question and, because she is four years older, understands better than he does why their lives have begun to move in separate directions. Jim has opportunities and a bright future ahead of him, but for Antonia, life now means simply helping her family get by. Antonia acknowledges this unalterable circumstance with her customarily wise simplicity: â€Å"Things will be easy for you. But they will be hard for us.† 3. â€Å"Presently we saw a curious thing: There were no clouds, the sun was going down in a limpid, gold-washed sky. Just as the lower edge of the red disc rested on the high fields against the horizon, a great black figure suddenly appeared on the face of the sun. We sprang to our feet, straining our eyes toward it. In a moment we realized what it was. On some upland farm, a plough had been left standing in the field. The sun was sinking just behind it. Magnified across the distance by the horizontal light, it stood out against the sun, was exactly contained within the circle of the disk; the handles, the tongue, the share—black against the molten red. There it was, heroic in size, picture writing on the sun.† â€Å"Even while we whispered about it, our vision disappeared; the ball dropped and dropped until the red tip went beneath the earth. The fields below us were dark, the sky was growing pale, and that forgotten plough had sunk back to its own littleness somewhere on the prairie.† Explanation This passage from Chapter XIV, recounts a sunset that Jim and Antonia watch  the summer after Jim graduates from high school. Gradually, the sun sinks behind a plow on the horizon, so the plow is superimposed on the red sun, â€Å"black against molten red.† The passage is an excellent example of Cather’s famous ability to evoke the landscape, creating a sensuous and poetic picture of a sunset on the Nebraska prairie. It also indicates the extraordinary psychological connection that Cather’s characters feel with their landscape, as the setting sun perfectly captures the quiet, somewhat bittersweet moment the characters are experiencing—they care for one another and have had a wonderful day together, but they are growing up and will soon go their separate ways. The image of the plow superimposed on the sun also suggests a symbolic connection between human culture (the plow) and the nature (the sun). As the plow fills up the disk of the sun, the two coexist in perfect harmony, just as Jim recalls the idyllic connection between the natural landscape and the settlements in Nebraska. But as the sun sinks beneath the horizon, the plow dwindles to insignificance (â€Å"its own littleness†), suggesting that, in the relationship between humankind and environment, environment is dominant. 4. â€Å"She lent herself to immemorial human attitudes which we recognize by instinct as universal and true. I had not been mistaken. She was a battered woman now, not a lovely girl; but she still had that something which fires the imagination, could still stop one’s breath for a moment by a look or gesture that somehow revealed the meaning in common things. She had only to stand in the orchard, to put her hand on a little crab tree and look up at the apples, to make you feel the goodness of planting and tending and harvesting at last. All the strong things of her heart came out in her body, which had been so tireless in serving generous emotions. It was no wonder that her sons stood tall and straight. She was a rich mine of life, like the founders of early races.† Explanation This quotation is basically the conclusion. Where we find the adult Jim still contemplating the fascination he feels for Antonia. Here he attributes her  significance to her nurturing and generous presence, which suggests an enviable fullness of life. Antonia evokes â€Å"immemorial human attitudes which we recognize by instinct as universal and true† because she is full of love and loyalty. As Jim portrays it, Antonia is a â€Å"rich mine of life,† an inexhaustible source of love and will from which others draw strength and warmth. This portrayal explains why Antonia lingers so prominently in the minds of so many people from Jim’s childhood (Jim, Lena, the narrator of the introduction). In her presence they have been filled with the love and strength that she exudes, and they will never forget the way it made them feel. Apart from standing as the novel’s final important analysis of Antonia, this quote is important because it reveals the psychological changes that the passage of time has wrought in Jim. Whereas before he avoided Antonia for twenty years because he did not want to see the lovely girl he knew transformed into a hardened, overworked matron, he can now see beyond Antonia’s age to her essential inner quality, which he finds can still â€Å"stop one’s breath.† This newfound connection to the present indicates that Jim can finally move beyond his dreamlike preoccupation with his nostalgia for his youth and contemplate Antonio as more than a symbol of the past.

Corporate valuation Essay

On Wednesday, February 24, 2010 the SEC reiterated its support for International Financial Reporting Standards (IFRS), this was conditional upon the accomplishment of a number of milestones. The SEC staff had developed a comprehensive work plan that would help to keep the process moving forward. Including Fiat,more and more huge cooperations are adopting IFRS accounting policies since 2000,not only because it makes more transparency in statements,but it tenses or looses the strict that enhance the efficiency and accuracy of accounting. 1. What are Fiat’s key accounting policies? Which of Fiat’s key accounting policies are affected by the adoption of IFRS? In accordance with the case, the Italy-based Fiat Group’s revenues were mainly generated from the production and sales of passenger vehicles (including large-volume brands and luxury, high-margin brands), tractors, agricultural equipments, and light commercial vehicles. The Group’s main operations was manufacturing cars which needed as many new models, technologies, creativity, and innovations as possible. Consequently, it could be seen easily that the Fiat Group had almost relied on its Research and Development (R&D) activities. Additionally, sales were also a very important activity in every organization, so the Fiat Group was not an exception. Therefore, applying new accounting policy for revenue recognition to show that the Group’s profit was favorable was very vital. The Fiat Group first-time adopted IFRS and the reporting d ate of its first IFRS statement was December 31, 2005. After changing to IFRS, R&D costs were affected the most. Under Italian GAAP, R&D costs incurred were capitalized or charged to operating expenses. For the Fiat Group, it has primarily expensed its R&D costs when they were incurred. Under IFRS, the Group has capitalized development costs in some parts such as the Fiat Auto, Ferrari-Maserati, Agricultural and Construction Equipment, Commercial Vehicle and Components Sectors. The next accounting policy influenced by the first-time adoption of IFRS was revenue recognition – sales with a buy-back commitment. Under IAS 18, sales with a buy-back commitment do not reach the requirements for revenue recognition due to risks and rewards of ownership are not transferred to the buyers. In result, this kind of sales is recorded as an operating lease transaction instead of revenues under Italian GAAP. Last but not least, sales of receivables also were impacted. All receivables through securitization and factoring transactions (with or without recourse) had been derecognized under Italian GAAP while all securitization transactions have been reversed under IFRS and all portfolios sold w ith recourse or without recourse have been reinstated in the IFRS balance sheet. Unlike U.S. GAAP rule-based standards, IFRS standards tend to be principle-based. Typically, rule-based standards are easily applied and enforced when compared to principle-based standards, however, along with rules, come exceptions. Exceptions to the rule-based standards of US GAAP add a level of complexity that often results in application issues. The move towards IFRS principle-based standards, accounts for exceptions to the rules by allowing judgment to exist when applying the standards to a company’s financials. Conversely, US GAAP encourages companies to comply with set laws anddiscourages evaluating the economic substance of a company’s activities The differences between Fiat’s key accounting methods under GAAP and those under IFRS. 1.Substance over form. Example, Recognition of revenue:to recognize revenues of long-term contracts,IFRS does not allow the Recognition from relative subjects but does accept to value it by contract cost. 2.Less flexibility Example: Recognition of R&D cost:GAPP views them as expense,and IFRS acknowledges researching cost as expense as well,but developing cost can be stated as expense or capitalize cost under IFRS,after its feasibility is confirmed. 3.More transparent Example: Income tax paid: CFO takes all the income tax paid obligation under GAAP,while CFO only states operating tax paid obligation,CFF and CFI states capitalizing one and investment one respectively. 4.Retrospective application of the new standards to opening equity as of January 1, 2004 to properly establish IFRS based data What characterizes the differences between the two sets of methods On Wednesday, February 24, 2010 the SEC reiterated its support for International Financial Reporting Standards (IFRS), this is conditional upon the accomplishment of a number of milestones. The SEC staff has developed a comprehensive work plan that will help to keep the process moving forward. The staff will regularly report progress to commissioners and a decision will be made in 2011 as to whether or not IFRS will be incorporated into the U.S. financial reporting system. There are many differences between Italian GAAP and IFRS. 1.Fair value in barter transaction GAAP admits the fair value in barter transaction which is similar to history transactions,IFRS also requires new trade to be similar to history ones but recognizes the fair value as the value in non-barter transactions. 2.Monitor interest It can be viewed as liabilities or equity or mezzanine section Under GAAP,but under IFRS it is illegal unless it is equity. 3.Comprehensive Income It is included in net income under GAPP,but under IFRS it is got rid of. 4.Dividend Received/Dividend Paid Dividend received is included in CFO statement,while dividend paid is included in CFF statement under GAAP,but under IFRS,they two can be allocated in both of CFO and CFF. 5.Upward revaluation(for fixed assets and intangible assets) GAAP does not allow this action but IFRS does. 6.Employee benefits-post employment & long-term Under GAAP,they are kinds of operating expense and actuarial gains and losses deferred and partially amortized over time.Under IFRS,related interest cost is classified in interest expense. 7.Goodwill The period of amortization of goodwill should not exceeding 20 years under GAAP.But under IFRS,goodwill cannot be amortized at all. 8.Sold receivables Under GAAP,it is typically off balance sheet,while it is typically reinstated under IFRS. 9.Start-up and similar charges They are deffered and amortized under GAAP,but are typically reinstated under IFRS. 10.Scope of consolidation Fiat Auto stakes in share parts business is accounted for under equity method under GAAP,while under IFRS,it is consolidated on a line by line basis, Unlike Italian GAAP rule-based standards,IFRS standards tend to be principle-based. Typically, rule-based standards are easily applied and enforced when compared to principle-based standards, however, along with rules, come exceptions. Exceptions to the rule-based standards of US GAAP add a level of complexity that often results in application issues. The move towards IFRS principle-based standards, accounts for exceptions to the rules by allowing judgment to exist when applying the standards to a company’s financials. Conversely, US GAAP encourages companies to comply with set laws anddiscourages evaluating the economic substance of a company’s activities. The trend towards IFRS has evolved around a widespread agreement to synchronize accounting standards internationally. The ultimate goal is to reduce costs for multi-national corporations, and to allow investors to make valid comparisons between companies across the world. Users of financial statements have pushed for the development of global standards that provide more consistent and comparable reporting worldwide. From the perspective of a minority investor in the company shares,I would like to choose IFRS because: Under IFRS minority investors can gain better information IFRS provides more transparent information of company’s management and transaction ,as a consequence minority investors’ confidence enhanced by Fiat’s transparent disclosure thus it leads positive expectation from market Adoption of IFRS is an international trend, competitors such as Peugeot and Volkswagen adopted IFRS. Investor can better understanding both Fiat and its competitors performance The trend towards IFRS has evolved around a widespread agreement to synchronize accounting standards internationally. The ultimate goal is to reduce costs for multi-national corporations, and to allow investors to make valid comparisons between companies across the world. Users of financial statements have pushed for the development of global standards that provide more consistent and comparable reporting worldwide. Summarize the main factors that affect management’s reporting incentives and strategy in fiscal year 2005,which factors might reduce management’s incentive to fully comply with the IFRS? In this part, we would like to conclude what are the main factors that influenced the management incentives and strategy in fiscal year 2005. Under IFRS, FIAT results would be consistent with market standards and they would be more comparable with its competitors from automotive industry. Financial position that was used in the past differs from the IFRS one, because it did not take into consideration financial receivables. Therefore, results, as well as many ratios were different in past. There is also the fact, that many investors did not invest into Fiat because they do not understand to Italian GAAP so much and therefore this investment would involve too much risk. IFRS are able to value the company better than GAAP and there is less space for influencing the financial results. That is also the fact, why IFRS are more beneficial for smaller investors. According to the law, there was a necessity to switch to IFRS but there was not necessity to fully comply with them. Under IFRS, many of financial data are changed. Elimination of goodwill amortisation is able to generate 0,2 billion EUR impact. The goodwill is not longer amortised. There should also be benefit of 0,3 billion EUR from recognition of gains and approximately 0,1 billion gain from impact of development costs. The whole impact therefore creates 0,6 billion euros. Under IFRS, there is different rules connect to selling of products. In connection to that there is the change in equity, which reduced by 0,5 billion Euros. On the other hand, it also increased the debt by 0,8 billion euros. IFRS allow having in consolidated statements only activities that are directly connected to the core business. This is one of the major changes. The company needs to prove, that they are healthy and that the have met or exceeded all their targets. Switching to IFRS could help them with emphasise their good data and performance and increase their value in eyes of investors as well as in eyes of potential creditors.

The life and times of rosie the riveter Movie Review

The life and times of rosie the riveter - Movie Review Example The documentary The Life and Times of Rosie the Riveter is 60-minutes long and it mixes black and white newsreel footage. The director also incorporates color-filmed interviews of five women working in the defense plants during World War II including Wanita Allen, Gladys Belcher, Lyn Childs, Lola Weixel and Margaret Wright. Most importantly, the documentary offers these women’s views about the wartime propaganda relating to female defense workers of the period. The wartime experiences offered by these ‘Rosies’ clearly reflect the general mood of the women working in defense plants of the U.S. during World War II, because they belonged to different backgrounds such as Illinois, Arkansas farms, Brooklyn, and Detroit and they include three black women and two white. Therefore, The Life and Times of Rosie the Riveter has been highly regarded for its life-like presentation as well as views of the condition of the women working in defense plants and this documentary fil m has been an important topic of discussion since its original release in 1980. Through the interviews with these ‘Rosies’, the audience become conscious about the unusual working conditions created by the high-pressured war production drive. The views of the women working in defense plants also help the viewers in recognizing various threats to women’s liberation during the period. â€Å"The film suggests that in the manipulation of public images of wartime women, the government, employers and media were pushing hard the traditional view of Woman as Housewife to suppress the runaway implications of women doing mens work so successfully, with the pride and camaraderie that wartime working conditions engendered.† (Davenport) As the documentary projects the women being interviewed in their present environment, the viewers get a convincing illustration of their condition during the World War II. In a

Individual Case for Taxation Study Example | Topics and Well Written Essays - 500 words

Individual for Taxation - Case Study Example In joint tax return, there are deductions for itemized and standard deductions from adjusted gross income. Standard deductions are income amounts that non-itemizers subtract from their contributed income basing on the filing status. The examples of such deductions are medical expenses, charitable contributions, home mortgage interest and property taxes. Itemized deductions are deductions from the taxpayer’s gross income for money spent on goods and services throughout the year. The deductions convert taxable income into non-taxable income that one spends on various taxes privileged items. The examples of such itemized deductions are interest paid on investments, casualty and theft losses, hobby expenses and cash contributions to charity and churches. A thorough examination of the items in the joint tax return reveals that the following items will be claimed: firstly, the real estate tax for example registration fees for motor will be claimed to convert the taxable amount to non taxable income. Moreover, interest margin paid on investments of the couple either jointly or separately is claimed (Genders 2013). Additionally, medical expenses for the betterment of couples’ life shall be accounted for in joint tax return to relieve them. Nevertheless, expenses and charitable contributions that are contributed by the couple will be claimed for deduction in the process of taxation. From the above calculation, 2013 has a better taxable income to the revenue authority because of the less personal exemptions deductions that are deducted from the adjusted gross income. For instance in the scenario in, we have taxable income of $102800 as compared to year 2014 where we have a taxable income of $ 102750. The effect is brought in by a decrease in the personal exemptions by $50. Other issues to be identified are: the age of the couple whether they are above 65 years or less. This helps in determination of the standard

The issue of population growth and water Research Paper

The issue of population growth and water - Research Paper Example of nearly 6.3 billion is accounted to be growing by 80 million people per year and this tremendous and constant population growth implies that there is an increased demand for fresh water that comes to be around 64 billion cubic meters each year. This paper presents the issue of water crisis and population growth. Based on scientific studies related to nature and water crisis, this work attempts to detail the exact crisis of water scarcity and its severity on human life. How population growth impacts on fresh water availability and use also has been broadly detailed in this work. Good water like soil is the resource that has no substitute and hence water crisis would severely impact on human life. Elizabeth Hunt (2004) emphasizes that the water crisis is real and its complexity or its connection to real poverty cannot be underestimated. The water crisis is closely related to environmental insecurity as well as hopelessness. The real crisis is not just lack of water, but also the degradation and depletion of water ecosystem (p.37). According to NOVA ‘world in the balance’ report (April 2004), the total number of people on this planet is growing and it is expected that the world population will be 9 billion by 2050. 98% of this growth will be in developing countries where resources are being consumed faster than they can be renewed. Even though, water represents 70% of the Earth surface, only 2.5 % of it is fresh water available for human basic needs (world in the balance, NOVA).. The scarcity of the fresh water due to overuse and contamination is the second most challenge on human life in the 21st century; population growth being the first of all challenges Among all natural resources water is the most essential. Supply of water in the quantity needed and availability of quality water are two problems that mount and it could seriously restrict human life standards and economic development. A great majority of world population currently faces extreme water