Advantages and Disadvantages of Joining the Armed Forces

Advantages and Disadvantages of Joining the Armed Forces The Modernization of the Military The military of today is in no way like that of a century, or even three decades ago. The threats to the national environment have been greatly exacerbated by the heightening of the â€Å"war on terror† and international situation as a result thereof. The armed forces are seeking to adapt to the growing trends of globalization, challenges to national sovereignty, the relocation of political authority to transnational and sub-national agencies. The armed forces must also deal with an increased risk complexity, as the level of danger a soldier is exposed to the battlefield far surpasses the cannon and musket-balls of the past. The range of missions of†¦show more content†¦The Advantages of Joining the Armed Forces The following information, derived from the Army’s official website, provides a detailed picture as to what the average soldier makes, financially, in the modern environment. The profile of the average soldier is an age of 22 years, with time served averaging out at four years served. During this time they make an average income of $1,978.50 each month, or $23,742 each year. Considering that the average educational status of the common soldier is a high-school degree, this income is quite good, especially considering that the hourly rate breaks down to around $12.35 an hour, which is not so bad as compared to the other employment opportunities available to high-school graduates. Additionally there are significant sign on bonuses involved in joining the military. The Montgomery GI bill is an option offered to soldiers who have served active time, which allots them thirty-six months in an educational program of their choice, ranging from flight-school, college, to a trade apprenticeship. Full time soldiers received over $1,000 each month to pay for school, which decreases incrementally as active employment decreasing, for example for half-time soldiers the monthly allotment is $500. Considering that many state and community colleges may only cost that amount per semester, the soldier is able to substantially increase their income and available cash by enrolling inShow MoreRelatedFraternities in He Philippines1668 Words   |  7 Pagesan outsider. | | | B. Statement of the Problem More specifically, this research aims to know what fraternity is, its advantages, and disadvantages. C. Significance of the Study It is therefore, very important to know what fraternity really is before joining it. And this research paper was made to inform the readers about the advantages and disadvantages of joining fraternities. D. Definition of Terms For better understanding of the study, the following terms are defined, the terms referRead MoreDiscipline Within The Uniformed Public Services1201 Words   |  5 Pagespublic services, they are used so that the public instantly recognise the employee. Some people may conform due to social pressure in the work place so that they feel more accepted and part of a force, rather than somebody who isn’t part of the team, with this in mind a person who has an idea of joining the uniformed public services may be more liable to conform because they want to fit into the category and feel a sense of belonging. 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Analysis Of George Orwell s 1984 - 2014 Words

In today’s digital age, almost all aspects of life can be completed using a computer. Business meetings over video chat, homework, shopping, and even spending one’s free time are often done online nowadays. With how quickly news can travel now, any person who wants to, can be informed with the latest up-to-date information. Friends can reconnect instantly, and someone can find the answers he or she is searching for in mere seconds. This all seems to be a great set up; however, with everyone putting so much information onto the internet, it becomes simple for the government, for example, to monitor their lives. Most people would probably not be in favor of being watched, even if it is for the greater good, as they might feel some of their rights are being violated. As technology and surveillance are increasing, the idea of Big Brother from George Orwell’s novel 1984 being equivalent to the American government is expanding, and as long as American society continues to let it happen, it could one day mimic Orwell’s classic book. Technology is constantly changing and adapting in today’s world, and just in the last thirty years alone, there has been a total overhaul in how people communicate with one another. Email was invented by a fourteen year old boy from New Jersey, and it was officially copyrighted in 1982 (Time). A way to talk exponentially quicker than by letter was finally introduced and is still used today. As cell phones became more and more prevalent a need for anShow MoreRelatedAnalysis Of George Orwell s 1984848 Words   |  4 PagesCritical Analysis In the George Orwell’s novel 1984, much of the society is watched and have no privacy of any kind. Every person in the Party is under surveillance. 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Smith works at the Ministry of Truth rewriting the news and other articles to follow the teachings of Big Brother. Big Brother is the leader of Oceania, one of three world powers, and aims to rewrite the past to control the present. Oceania is separatedRead MoreAnalysis Of George Orwell s 1984 Essay1127 Words   |  5 Pagesfirst civilizations of mankind, yet it is difficult find one that is perfect even till today. George Orwell shows an example of this within 1984. 1984 was written based on what Orwell thought the government would be like in 1984. He used his personal knowledge and experience with the government to create his story. The setting of 1984 is set in a superstate where there is a totalitarian government. Within 1984 and the 21st century one major key stands out: corruption rules both governments. Trust isRead MoreAnalysis Of George Orwell s 19841026 Words   |  5 PagesIn 1984, by George Orwell violence contributed to the plot by having three stages of reintegration. 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Challenges in Accounting Profession Business Transactions

Question: Describe about the Challenges in Accounting Profession for Business Transactions. Answer: Introduction In every business organization it is important to maintain the records of the different transactions. This recording is important of the organization to analyze performance of the organization in the concerned Market with respect to the resources or funds are invested. The accountants play a huge role in the economic development of the organization as well as the nation (Sanusi Izedonmi, 2014). Therefore, it can be said that, accounting profession helps in the reporting and performance measurement of any organization in any circumstances. There are several subsystems that work under the profession of the accounting in Australia. These subsystems which can be distinguished as the subsystems of accounting fields incorporate; government accounting , business accounting , social accounting , evaluation and tax collection, all of which help in developing economic plan, in project appraisal and formation of the capital etc. The following report consists about the discussion about the issues that are faced by the accounting professionals. In addition to that, solution to that problem and justification for the selected solution is also provided in this paper. Accounting profession and the challenges From a layman point of view, accounting could be viewed as a professional whose essential duty is to decide, record, investigate and exhibits economic data to the organizations as well as to the intended users. Therefore the challenges and drawbacks can have a huge impact on the performance of the organization (Ibanichuka Ihendinihu, 2012). The accountant gives qualitive economic information about financial elements that intended to be valuable in financial decision making. This data helps the user to settle on contemplated decisions among available options of employment of rare resources in conducting financial and business activities. The requirement for accounting in this way emerged in light of making sensible utilization of scare resources, accumulation of wealth and deliver high quality of products and services in an aggressive economy (Sanusi Izedonmi, 2014). The financial data provided by the accountants basically intended to impact on the economic development and in creating transparency straightforwardness. The nature of corporate accounting data decides the level of transparency in organizational management and governance (Tassadaq Malik, 2015). High quality of the corporate financial data is vital in enhancing transparency, encouraging the flow of international and domestic investment, making a sound investment environment and helping in building investors confidence. All this can help in securing the financial stability. But there are issues that are faced by the accounting professionals while they complete their responsibilities in an organization. In the last decade major advancements in the information technology, globalization of business by the different companies, elevated public awareness about the change in the global business environment and rising community educational realization asks the accountants to develop a wider variety of expertise and to recall the social as well as financial responsibilities of the business organizations (Ibanichuka Ihendinihu, 2012). While delivering their responsibilities there are several ethical challenges faced by the accountants of Australia. The ethical challenges faced by the accounting professional consist of several dimensions. One of the most impactful challenge is creative accounting. Creative accounting and its impacts Creative accounting indicates to the use of accounting knowledge to manipulate the stated figures in the given report, while maintaining the rules and jurisdiction accounting rules and guidelines. The accountant does this in order to depict the economic situation according to the wishes of management to hide the actual situation from the stakeholders of the business. This measure is used by the organization to choose an accounting methodology or policy that is suitable for depicting the suitable image in front of its stakeholders (Tassadaq Malik, 2015). In this creative accounting method, the artificial or fake transactions are inserted to manage the balance sheet and transferring the profit from the business in different financial periods. Most industry firms have constantly been connected with fraud and have perpetually been suffering from financial collapses. Techniques in creative accounting This creative accounting can be done using various ways some of them are. Manipulation of the structure and value of the cost. As an example it can be said that, according to the regulations for some specific assets, just the maximum number of years in which its value will be depreciated is given in the financial reports. Therefore, a small change in the depreciation value (whether its higher or smaller value) can have a huge impact on the financial results. On the other hand the change or alteration in the structure and value of the revenue accumulated from the business (Melo, Pereira Souza, 2014). In some specific situation, the recognition of the revenue from the business is slowed down or intensified by connecting the cost with the revenues. Modification of the value of the assets. The altered value about the depreciation of the net value of the assets. In addition to that, as the stocks of an business organization can be assessed in different techniques, therefore the value from every methodology will differ from another (Rao Nihar, 2016). This has an impact on the profit-loss statement of the business organization. This also changes the amount of the net assets available to the organization. As an example it can be said that, the indicators of the revenue and cost is calculated by considering the assets as the base. Alteration of the value of the liabilities of a particular organization. In some countries it is allowed to regularize some certain types of liabilities of an organization (Tassadaq Malik, 2015). As a result of it, the organizations targeting the enhancement of the financial results can allocate the liabilities for the maximum period of time that is permitted by the rules of the certain country. Alteration of the value of the internal capital of the organization. The modification of the values of the revenues and operational cost for the organization has an adverse impact on the final financial result of any particular organization. Like the use of the fixed asset values which will be again concluded in the reevaluation process (Melo, Pereira Souza, 2014). Thus increase in the total asset value which is not present physically for the use of the organization. Using these techniques, the organization struggling with the tighter economical situation will be able to prove their creditworthiness in front of the investors and financial institutions to get investment for its business operations. Recent accounting scandals like One.Tel, HIH insurance, World Com, and many others has illustrated the adverse effects of the Creative accounting in the organizations. At the time this organization has collapsed theses were one off the best companies in its fields having worth of billions of dollars. As an example, when the scam of One.Tel was exposed, it was one of the top five business organizations in Australia. In addition to that, in case of the genuine records, this information can be also manipulated by inserting it into the database with different timing rather than the original. This is done to increase the sell in a specific financial period as per the decision of the management of the business organization. The most important ethical factors that happen due to the creative accounting process are a) conflict of Interests, b) tax evasion and manipulation of the accounts. In the accounting profession, the creative accounting is considered as one of the formidable challenge. Therefore it is important for the accounting professionals who accepts the ethical challenges they must be aware of the fact, that the scope and abuse of the accounting policies through the manipulation of the transactions. At the same time authors like, Ahn et al. (2014) defends the use of the creative accounting in order to smoothing the income of the business organization. According to them, it is an important approach for the organizations which have a high level of fluctuation in their income that is not justified by the economic reality of the organization (Melo, Pereira Souza, 2014). According to the financial analysts , growth of most of the business organizations in the 80s are the result of creative accounting rather than its real economic growth in the industry. Solution to the creative accounting practices It is seen from different financial scams of different companies (may be international or Australian) that, it is an undesirable practice that must be avoided by the accounting professionals. In this part of the report, the discussion about the measures that will reduce the scope of the creative accounting practices by the accounting professionals. Scope for choice of accounting methodologies can be reduced by reducing the number of allowed accounting techniques (Ahn et al., 2014). In addition to that, the regulatory authorities should specify the different circumstances for which a particular a particular accounting methodology can be used. The consistency of the methods used in the organization is also important in this scenario. Since a business organization picking a methodology which produces the financial results in favor of the organization in order to develop an investment friendly image for a year will then be forced to make use of the same methodology in future circumstances where the outcome may not be beneficial or favorable for the organization (Tassadaq Malik, 2015). Today the accounting standard regulatory authorities are pursuing the objective of reducing the available accounting methodologies for the accountants. Preventing abuse of judgment: Abuse of judgment may also be curbed in two different methodologies. One way is drafting principles that can helpful in minimizing the use of judgment. As an example, manufacturer accountants tended to use the 'distinct item' part of the revenue and loss account for objects they wished to avert together with in operating revenue. Furthermore, the present rules and accounting principles of the international Accounting standards have just about to abolish the class of 'extraordinary item' (Ahn et al. 2014). In addition to that, the auditors have a role to play in identification of dishonest estimates in the organizations. Another way is to ensure that, if an organization chooses an accounting methodology that suits it in a single year it ought to proceed to apply it in the coming next years too when it would possibly not provide the favorable results for the organization. Managing the genuine transactions: Artificial or fake transactions in the accounts can also be tackled with the aid of invoking the idea of substance over from', whereby the financial substance is helps in identification of the accounting substance than the legal form of transactions. This will ensure that, the linked transactions are considered as one while making financial statements for the organization. Keeping track of the transaction : The timing of the original transactions is evidently an important factor for the better discretion of the administration. Nevertheless, the scope to make use of this method may also be constrained with the aid of requiring everyday revaluations of entities in the accounts, so that gains or losses on changes of worth are identified within the debts every yr as they occur (Tassadaq Malik, 2015). It is important factor to notice that the worldwide Accounting regulatory Boards are tending to maneuver towards valuation at fair worth of the resources instead of valuation upon historic cost according to a number of recent accounting discussion papers and standards. In addition to the changes in the regulations of accounting process, moral benchmarks and administrative steps must be legitimately implemented in the industry to prevent the professionals from using the dishonest accounting methodologies like creative accounting (Ahn et al. 2014). It is a tedious task to enforce the international standards in the wide ranges of different accounting cultural context. Conclusion The profession of accounting has been changed and witnessed some huge transformations in the last few years due to the demand from the client organizations and market. In this time, this profession was also involved in the corporate scandals that were reason for the huge loss of the investors. Therefore, due to the challenges of existing accounting methodologies it is important for the regulatory authorities to overcome these challenges and to regain the confidence of society and industry. For this, the changes in the legislations, principles and regulations were made. Here it can be stated that, without proper monitoring and controlling measures the challenges in the accounting profession cannot be eliminated completely. References Ahn, P. D., Jacobs, K., Lim, D. W., Moon, K. (2014). Beyond Self?Evident: Recognising the Problematic Political Context of Accrual Accounting Adoption in South Korea.Financial Accountability Management,30(1), 25-48. Bhasin, M. L. (2016). Creative Accounting Practices at Satyam Computers Limited: A Case Study of Indias Enron.International Journal of Business and Social Research,6(6), 24-48. Bonaci, C., Strouhal, J., Mllerov, L., Roub?kov, J. (2013). Corporate Governance Debate on Professional Ethics in Accounting Profession.Central European Business Review,2(3), 30-35. Brandt, L., Van Biesebroeck, J., Zhang, Y. (2012). Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing.Journal of Development Economics,97(2), 339-351. Demerens, F., Par, J. L., Redis, J. (2013). Investor Skepticism and Creative Accounting: The Case of a French SME Listed on Alternext.International Journal of Business,18(1), 59. Pijper, T. (2016).Creative accounting: The effectiveness of financial reporting in the UK. Springer. Ibanichuka, E. A., Ihendinihu, J. U. (2012). Creative Accounting and Implication for Dividend Payout of Companies in the Financial Sub-Sector of Nigerian Economy.BOOK OF,225..International Journal of Finance Policy Analysis,5(2). Melo, M. A., Pereira, C., Souza, S. (2014). Why do some governments resort to creative accountingbut not others? Fiscal governance in the Brazilian federation.International Political Science Review,35(5), 595-612. Sanusi, B., Izedonmi, P. F. (2014). Nigerian Commercial Banks and Creative Accounting Practices.Journal of Mathematical Finance,2014. Tassadaq, F., Malik, Q. A. (2015). Creative Accounting Financial Reporting: Model Development Empirical Testing.International Journal of Economics and Financial Issues,5(2). Yadav, B. (2014). Creative Accounting: an empirical study from professional perspective.International journal. Rao, M. K., Nihar, K. L. (2016). Differences in Stock Price Sensitivity to Accounting Information: Implications for Creative Accounting.Indian Journal of Finance,10(11), 21-42. Evans, S. (2016). Creative accounting: using creative writing to teach accounting principles.New Writing, 1-10.

THE ADVANTAGES OF STUPIDITY Most People Say Being Stupid Will Lead No

THE ADVANTAGES OF STUPIDITY Most people say being stupid will lead no where. They claim that it is the worst possible condition in which to spend one's life, and if possible, it should be completely avoided. They would even suggest if the symptoms of stupidity are caught in the early stages, it could easily be treated by a surgeon. The most effective method used to do this is the chainsaw technique, later described in volume two. Yet, perhaps if people took a closer look at some of the advantages stupidity had to offer, they wouldn't have such a negative attitude toward it. After reading this paper, one will understand the advantages of stupidity. Admittedly, stupidity has certain disadvantages. Life isn't a bowl of cherries. And being stupid doesn't make it any fruitier. Being stupid can annoy even the most sensitive people. If one acts stupid, and does it in the wrong crowd, like a group of adults, it will seem more immature than funny. If one is forced to act stupid while deali ng with lower life forms, for example, high school teachers, one may encounter barriers such as cruelty and insensitivity, with the utterance of statements like, "Think with your head straight!" or, "You have a brain, use it." Yet these are all true, there are still many advantages to stupidity. The first advantage is very easy to understand. Stupid people are never asked to do a lot. Many have noticed that people tend to steer away from someone they feel may be stupid. This is for a very good reason. The stupidity which they posses makes a name for themselves, a name which can be very difficult to shake. Possibly, it is a word which describes the working habits of the person, such as "crappy". Yet, this creates a positive situation for the stupid person. They will have a lot of free time on their hands for more of lifes truly meaningful pleasures. Some of these activities are combing facial hair, and counting the pixels on a Sony TV. Now, there has been a rumour going around t hat suggests that stupid people have low expectations. This is true. They are so stupid that they don't realize great from O.K. They could have a Sanyo cordless phone, but would probably choose instead a Pierre Cardin alarm clock telephone, because it comes free with their sensamatic folding bed. And someone with the "advantage" of stupidity might have a hard time doing certain tasks, or setting things up. Yet this isn't all bad. For example, if a stupid person leaves the chore, and comes back to it later, no one will be able to understand it. Would they get fired from their job? No. For the very simple reason that no one would understand their work except for them. The job would have to be given back to the stupid person, perhaps with a higher salary, or someone would do it for them, leaving them with even more free time! Free time is great for brainstorming (Admittedly this seems to be a bad choice of words!). Yet the ideas stupid people create tend to be original. For example, when was the last time someone stupid said something, and made one think about it? It seems that people are always talking about someone elses dumb idea. An example of such an idea would be, "How many stories will that english teacher drop before having a stroke?" This would suggest that stupid people may have the upper hand when it comes to thinking up original ideas. In fact, the next time someone wants an original idea for something, they should try talking to their local, community stupid person. The reason for this is that while a stupid person thinks with his head, he does not do so an organized manner. This is why they have so much creativity. By thinking in this fashion, their ideas have a natural tendency to flow more easily, without the interruptions which occur from the editing of thoughts that logical people would have normally. Thus if someone else should say to one, "That was a stupid idea!" one should merely look that person straight in the eye, and say, "Thank-you!"