Corporations Law :: essays research papers

Corporations Law Short Anwers a)  Ã‚  Ã‚  Ã‚  Ã‚  Any entity which is considered a reporting entity is required to prepare a report in accordance with the requirements of the Corporations Law. Briefly explain why you agree or disagree with the above statement. A reporting entity is defined as an entity for which there are users who rely on the financial statements, generated from its financial information, as their major source of financial information . These financial statements are used in the decision making process of both internal and external users, and therefore this information must be both accurate and of appropriate detail. In order for a general standard to be established across the accounting industry, it is important for a set of standards to be upheld by all. Therefore I agree with the statement. Under section 298 of the Corporations Law, it is stated that all companies which are reporting entities must adhere to the accounting standards issued by the Australian Accounting Standards Board (AASB) . The generation of statements of financial position, financial performance and cash flow are all required under the section and they assist in giving an unbiased picture of the company’s current position. With the use of the International Accounting Standards Board’s conceptual framework, these reporting entities prepare reports using underlying principles in order to clearly articulate relevant information to those with a vested interest in the business. The outcome will be a reduction in the amount of asymmetric information available to external users. Notable recent examples of falsifying financial reports include One.Tel and HIH. If precise and specific financial reports are not produced in relation to the guidelines set by Corporations Law, it is under the AASB’s jurisdiction to enforce compliance. This compliance allows for a general standard to be upheld on a country-wide basis, and with the introduction of International Accounting Standards in 2005, on a world-wide basis. Therefore, an entity which is considered a reporting entity is required to prepare a report in accordance with the requirements of the Corporations Law. Without the generation of these reports, a logical and comprehensible overview of the business could not be produced and analysed. b)  Ã‚  Ã‚  Ã‚  Ã‚  On June 28 2004, an advertising agency paid $20,000 for a computer system. The accountant for the advertising agency included the $20,000 payment as an expense in the financial reports prepared for the year ending 30 June 2004. Using relevant accounting concepts, briefly explain why you agree, or disagree, with the accounting treatment adopted by the accountant for the above transaction.

Telephone Conversation by Wole Soyinka

Telephone conversation by Wole Soyinka is about, as the title suggests, a conversation over the telephone between two people – a West African man and a British landlady. The former was looking for a place to live in London. He felt that the ‘price seemed reasonable’ and the ‘location indifferent’ in the sense that it was impartial. The landlady claimed that she ‘lived off premises’ possibly indicating that it was a source of income for her. The poem is in free verse and appears like a conversation, like an active telegraphic dialogue.It is a poem that takes the support of irony to put across a point strongly, that is, absurdity of racism. The poet has taken this creative idea to convey his anger over how society gives undue importance to a man’s colour and not this culture or intellect. The opening lines of the poem introduce the theme which rests on the irony of the word ‘indifferent’. The speaker wants an apartment a nd in this regard he calls the landlady to speak to her. He finds the ‘price reasonable’ and the ‘location indifferent’. ‘Indifferent’ here possibly indicated ‘impartial’ to race and colour.The landlady emphatically says that she lives ‘off the premises’ – the apartment is a source of income for her. Everything seems alright and the speaker feels that he should tell the lady that he is an African. He does this to avoid ‘a wasted journey’ because he has an apprehension that when the lady sees him she might react negatively and reject him. Hence there is the need for this ‘self-confession’. He has not done any wrong that he should confess – yet he seems apologetic. The response to this self-confession is ironically a heavy silence – a pause – that transmuted ‘good breeding’ of the lady.She is possibly caught unawares. The African is too shocked and hurt t o react immediately and therefore, the heavy silence is broken with questions – ‘How dark? ’ and ’Are you light or very dark? ’ She wants to know the colour of his skin. This was an absurd notion followed by the whites; they thought that the lighter shades of the dark-skinned people were better than the darker ones. The speaker is suddenly conscious of the ‘stench of rancid breath’ of the public booth, its red colour, the ‘red pillar box’ and the red bus – all Red.It is an evocative image that brings out the reality if the prejudice against him. The colour red here symbolises the extent of shock and anger of the African. He is the one looking for acceptance and belonging, and lodging. The colour might also refer to the branding of cattle, where each of them has a red mark on its body that makes it easier for its master to identify them. The man’s silence is an ‘ill-mannered silence’ eloquently int erpreted as bad manners by the landlady. She politely tones down the sharpness of her question but nevertheless seeks to know ‘how dark’ he is.The poet calling her ‘considerate’ is an irony because she does not rephrase her question sensitively and considerately, but it is considerate as so far she converted the phrases. ‘Revelation came’ when the African realised that the whites shall never regard the blacks as human beings as themselves. The African replies in a childish way, resigning himself and simplifying the choices of the landlady. He says, ‘You mean – like plain or milk chocolate? ’ All his anguish, pain and anger takes recourse and he forces to see himself through the eyes of the lady.She answers him in infirmity and then, adjusting himself with the ‘wave-length’ of the white lady, apparently complying with her, he says, ‘West African sepia’ from ‘down in’ his ‘passportà ¢â‚¬â„¢. This is again an irony, as the African in reality faces rejection in Europe by the whites despite having a passport. This depicts that the colour of the skin is an absurdly important parameter for describing humans according to the whites. The answer of the African does not satisfy the lady and she feigns not to understand – ‘what’s that? ’ is her question.He replies that it is similar to brunette and she immediately clarifies that that’s dark. Now the man has had enough of her insensitiveness. He disregards all constraints of formality and mocks her outright, saying that he isn’t all black, the soles of his feet and the palms of his hands are completely white, but he is foolish enough to sit on his bottom so it has been rubbed black due to friction. But as he senses that she is about to slam the receiver on him, he struggles one last time to make her reconsider, pleading her to at least see for herself; only to have the phone slamme d on him.Exasperated by these indifferences he is keen to tell her that but for his brown skin he is like any other normal human being – with palm of the hand, soles of his feet a ‘peroxide blond’. He realises that she wants the details to be able to categorise him. But the process angers him and provokes him to describe how the bottoms ‘raven black’ and asks her to judge for herself. The lady had already sent the receiver rearing on the thunderclap. She had disconnected. The telephone conversation has concluded but the man has to have the last word. He asks if she wouldn’t rather see for herself.

Crime and Victimology Essay - 2155 Words

Introduction From the beginning of time there have always been crimes against persons. People went by the saying â€Å"An eye for an eye†. You stole from your neighbor, they stole from you. You hurt someone, they hurt you. It wasn’t until the 1940’s people started taking a closer look into these crimes against person, which they later called victimology. This paper will look into victimology and their theories as we go back into the past and how victimology is now. Victimology: A Look into the Past The study of victimology dates back to the early 1940’s. Marvin Wolfgang was one of the first victimologists. To fully understand victimology is to understand what a victim is. A victim is a person that has suffered physical or emotional harm†¦show more content†¦A medium risk victim are really lower risk victims but was in the wrong place at the wrong time. A medium risk person could be a person that could be at the bank during a hold-up. Low risk victims are victims with a lifestyle that would not normally put them in danger. Low risk victims do not engage in risky behavior such as doing drugs, they are aware of their surroundings and stay away from danger. Equivalent group hypothesis suggests that victims and offenders are one and the same. That they are both part a high-risk lifestyle. Proximity hypothesis says that victims who live near crime are putting themselves at risk of becoming a victim. Someone who makes a little more than their neighbor can easily be a target of some sort of theft. The last theory, routine activities, has three variables. The first variable is the availability of target, the lack of guardianship, and the presence of motivated offenders. This means that there are offenders out there and their victim will be those who are unsuspecting and those without any sort of guardianship. Victim offender-relationships are defined as the victim and offender knowing each other before the victimization occurred. Most of these types are usually associated with rape and domestic abuse cases. The offender is probably a husband/wife, mother/father, sibling or close family friend. Victim-criminal justice system relates to how theShow MoreRelatedComparing Positivist And Radical Victimology Perspective1236 Words   |  5 Pages Compare the positivist victimology perspective with either the radical or critical victimology perspective. Illustrate your answer with reference to at least one of following: age, class, gender, race and sexuality. Introduction The purpose of this essay is to demonstrate the different perspectives within victimology, specifically focusing on positivist and radical victimology perspectives. In arguing these similar but contrasting perspectives this essay will also signpost the relationship of theRead MoreCSI, The First Forty-eight, Date Line, Law and Order and Criminal Justice are just a few examples1400 Words   |  6 Pagesof shows on the T.V. networks today that roll out a visual of the term victimology. According to Box 1.1 in the class text, Crime Victims, An Introduction to Victimology, by Andrew Aarmen, March 2012, victimology is the work done by law enforcement teams as they gather as much detailed information pertaining to a victim’s life while they were alive as they possibly can in order to help them identify the perpetrator of the crime, take them to court, and hopefully obtain a guilty verdict and appropriateRead MoreSimilarities Between Criminology And Victimology853 Words   |  4 Pa gesand differences between Criminology and Victimology? They are many similarities and differenced between Criminology and Victimology. Criminology and Victimology are similar in the fact that it focuses it studies on the crime and the victim. Criminology and Victimology also share similarities in the effectiveness it gives to the criminal justice system. Criminology and Victimology also share similarities in the research, they look not just in to the crime itself, but into the psychological, socialRead MoreEssay on Ideal Victim1711 Words   |  7 Pagesviews the ‘ideal victim’ â€Å"as pure, blameless (hence passive) people against whom an evil act was omitted by a depraved individual† (Spalek, B. 2006 p25). Although most people can relate to an ‘ideal victim’ there is a ‘positivist perspective’ in victimology that defines the behaviour and circumstances of people can have a direct contribution to their victimisation. However, the ‘feminist perspective’ would argue that by sug gesting a victim had aided in their victimisation would require the victimRead MoreThe Old Testament Of The Bible1608 Words   |  7 Pagesbible does not include words such as â€Å"suspect, crime, criminal, or victim† there are concepts and descriptions used to describe such a person or behaviors. As the human race develops through time, advancements in criminology emerge and a better understanding of victims comes to life. Today, there are many different fields of study that relate to victimology and many disciplines are working together to better understand and explain why certain crimes happen to certain individuals. One of the firstRead MoreMerton s Strain Theory And Victimology Theories1483 Words   |  6 Pagesstrain theory and victimology theories in order to compare and contrast three different criminological theories. It will focus on similarities and differences and some contradictions which my lie in these theories as well. Robert Agnew’s strain theory states that there are many strains and stresses in ones lives which could influence the likelihood of one committing a crime. The strain theory suggests there are two main factors that could influence ones decision to commit crimes. The first is theRead MoreThe United Nations Declaration Of Basic Principles Of Justice For Victims Of Crime And Abuse1521 Words   |  7 PagesThe 1985 United Nations Declaration of Basic Principles of Justice for Victims of Crime and Abuse of Power (REF 1) defines victim as â€Å"persons who individually or collectively, have suffered harm, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their fundamental rights, through acts or omissions that are in violation of criminal laws operative within Member States, including those laws proscribing criminal abuse of power†. Victimisation is theRead MoreThe Issue Of Domestic Violence1527 Words   |  7 Pages childr en, elderly or mentally/physically disabled people as well. Victimology is a topic that has been intriguing to me for a while. It certainly has come a long way since 1947 when Benjamin Mendelsohn coined the term. According to all the history that has been provided since that time many improvements have taken place. Such as the accessibility to information regarding the amount of individuals that are victims of any crime in any specific area at any time. All the reforms, movements and implementationsRead MoreCriminal Profiling And The Criminal Justice System1117 Words   |  5 Pagesan individual who commits a crime, may leave some sort of psychological evidence that can be crucial to an investigation. This theory is a vital part of the criminal justice system today. Criminology targets why individuals commit crimes and why they behave in certain situations. By understanding why a person commits a crime, you can develop ways to control crime or change the criminal to a certain extent. There are many theories in criminology. Some characterize crime to the individual. They believeRead MoreWhich Gender Influences Patterns And Processes Of Victimisation, Identifying Key Victimological Perspectives And Typologies2548 Words   |  11 Pagesacknowledging the argument that radical victimology offers a more balanced approach to gendered victimisation than positivist or critical viewpoints. The Sage Dictionary of Criminology (2013) defines victimisation as â€Å"†¦a term originally used to designate an area of study concerned to address the relationship between the victim and offender.† It should be noted however that since the late 1970s, the term has been used to indicate a more general concern with the victim of crime. The Oxford English Dictionary