Annual Report Analysis and Interpretation †Free Samples

Questions: 1.Compare the key aspects of the allocated companys report to those of a company in another industry? 2.Reflect on learning experience of the overall subject: your expectations of the subject content and outcomes, level of difficulty, contributions to your career path? Answers: 1.Industry and strategy For the comparison, Navistar Company has been used. Navistar Company is leading truck manufacturer and has made different position in most of the countries. Navistar Company has been operating business in logistics and transportation industry and has been principally registered in United States (Navistar Limited Annual Report, 2016). Strategy of Navistar Company is to innovate new technologies and leading from the front. Woolworth is engaged in retail industry and has been registered its business at Australia. Accounting policies Following are some accounting policies that Navistar Company had adopted while preparing and presenting annual accounts in 2016: Basis of presentation and consolidation is different for both the companies. Woolworth limiteds fiscal year ends at 26 June and Navistar Companys year-end at31 October (Navistar Limited Annual Report, 2016). Out of period adjustments (i.e. 2014) are done only in Navistar Companys accounts Disclosure and presentation of Variable Interest Entities takes place only in Navistar Company account Foreign currency accounting policy also differs on the basis of different types of currency used. Consolidated financial statements of Woolworths limited includes conversion in Australian dollar and presentation in AUD. On the other hand, Navistar Companys accounts are presented in US dollar and are converted into US dollar only. While preparing accounts or financial statements Woolworth limited used and followed Australian accounting standards and Navistar Company uses Generally Accepted Accounting Principles (Nino, 2011). Financial policies Financial policies are those policies which is related to policies, strategies, regulations and supervision of receipts payments system and Revenue is recognised when: there is persuasive evidence of revenue, price of transaction is fixed, collectability is assured and sale / delivery of product have been affected. Navistar Company uses US GAAP for this and Woolworths limited uses Australian accounting standard. While Woolworth limited uses Australian accounting standard 15 for their revenue recognized. On the other hand, Navistar limited recognise revenue on the basis of each and every contract made with particular customers. While Woolworth does not undergo with any contract with its customers and sales has been recorded as and when it take place. Trade receivables management of both the companies are different too (Woolworths Limited Annual Report, 2016). In case of Navistar limited, receivables are managed according to the classification of the same. Presentation in financial statements of receivables of Woolworths limited includes GST amount while Navistar limited does not account for the same. Environmental and social practices Both companies have adopted environmental and social practices that are required under regulations and both are well aware of environmental and social impact. In case of Navistar limited they has adopted and followed environmental protection law guidelines, Comprehensive Environmental Response and Compensation and Liability Act prevailing in United States. While on the other hand, Woolworths limited has been following local government regulations, food licensing requirements and provisions related to environmental and town planning (Galeazzo and Klassen, 2015). Corporate governance Both the companies are responsible towards their legal compliances. Navistar limited has been making compliance with accidental litigations, commercial litigations, product warrantees and product liabilities. While Woolworths limited has been able to manage its legal compliances related to environmental protection, food safety, compliances related to maintaining hygiene, etc. 4. While completing the course and these assignments, I have learnt and developed knowledge of reading and understanding annual reports of the business organisation. While completing this subject, I had developed great understanding of analysing annual report of business entities. This subject content is research based and therefore skills related to research has been developed. My expectations from the subject are to develop skill of analysing financial and non financial aspects or information of the business entities. During initial days of subject or assignment, I had faced some difficulties related to research aspect i.e. how to undergo entitys annual report and from where relevant and reliable information can be find. But at the time of completion of this assignment, critical analysis and understanding financial and non financial areas of the business organisation has been developed. This ability will significantly contribute in career development as in future period of time i.e. while working with organisation; I will be able to understand various aspects of business operation. At the same time, I will be able to contribute in decision making process of business organisation. References Galeazzo, Klassen., 2015, Organizational context and the implementation of environmental and social practices: What are the linkages to manufacturing strategy? Journal of Cleaner Production, vol 108, pp 158-168. Navistar Limited Annual Report, 2016. Navistar Limited Annual Report, 2016. Navistar Limited, pp.9-55. Nino Serdarevic., 2011, Accounting Policies and Financial Analysis Interdependences - Empirical Evidence. Economic Review: Journal of Economics and Business, vol IX, no 1, pp 17-30. Woolworths Limited Annual Report, 2016, Woolworths Limited Annual Report, 2016. Woolworths Limited, pp.10-60.

Woodrow Wilson free essay sample

A look at Woodrow Wilson, the 28th president of the USA. This paper looks at the 28th president of the USA, Woodrow Wilson. The author touches on his background, the Clayton Anti-trust act, the Federal Reserve act, and The Underwood. The author also discusses women and African American rights and what Wilson did during his administration. Thomas Woodrow Wilson, the schoolmaster in politics, was our 28th president. He was born on December 28,1856 in Staunton, Virginia, son of Joseph Ruggles Wilson and Janet Jessie Woodrow Wilson. He was raised in a Scottish-Irish Presbyterian family. During the civil War, the Wilson family moved to Augusta, Georgia, where he was educated at a private school in Augusta. Woodrow Wilson free essay sample The name of the person I read about is Woodrow Wilson,but when he was young people called him Tommy. When Tommy was only a year old his father [Dry. Wilson]moved his family and him from Virginia to Augusta,Georgia. He moved in 1857. Tommys father became pastor of the First Presbyterian Church in Augusta,Georgia. Woodrow came from a strict,caring household. Dry. Wilson liked to take Woodrow places like cotton mills,iron and steel foundries,and other local industries. He did that to teach Woodrow the manufacturing processes. Dry. Wilson also taught Woodrow respect for other people.His motherless Wilson] was shy and reserved,but looked and acted like Woodrow. Woodworks life was different from mine by the way he went to school. His father taught him till he was nine,and then he went to school. Woodrow spent some of his spare time with his gang, called the Lightproof Club. We will write a custom essay sample on Woodrow Wilson or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Also when Woodrow was fourteen,his education was continued at a private school with fifty boys enrolled that cost seven dollars an hour. One of the parts of the book that I liked was when Woodrow Wilson won the Presidency. One of the things that helped him win was when he made two alliances. En alliance was made with Colonel Edward M. House. The other was made with William Macombs. Both of these alliances profound effect on his future. A sad Incident that happened In this story was when Woodrow suffered his paralytic stroke. Rumors spread that Woodrow was Incapable of handling even the smallest duties. Wilson kept succeeding though. There was still many people that believed in him. If I could choose one thing that Wilson did that I could do It would be a lawyer. Flirts of all most lawyers make a good living. Another thing Is that people depend on you.Affably It would be challenging for me. The main thing that Wilson Is remembered for Is being President. He really put a lot of effort Into being President. He worked hard,he acted In control,and he acted mature about the situations he was Len. The mall thing Is that he succeeded with what he was doing. Wilson was different In ways. He was business-Like In some ways,and more regular In other ways. An example of when he was business-Like was when he Is In office at his Job. An example of when he was more regular Is when he was at home. Wilson was always smart no matter what situation he was Len.Wilson was also a caring and honest person about his family and his country and also he was not selfish at all. Respect for other people. His motherless Wilson] was shy and reserved,but looked A sad incident that happened in this story was when Woodrow suffered his paralytic stroke. Rumors spread that Woodrow was incapable of handling even the smallest duties. Wilson kept succeeding though. If I could choose one thing that Wilson did that I could do it would be a lawyer. First of all most lawyers make a good living. Another thing is that people depend on you. Finally it would be challenging for me. The main thing that Wilson is remembered for is being President. He really put a lot of effort into being President. He worked hard,he acted in control,and he acted mature about the situations he was in. The main thing is that he succeeded with what Wilson was different in ways. He was business-like in some ways,and more regular in other ways. An example of when he was business-like was when he is in office at his Job. An example of when he was more regular is when he was at home. Wilson was always smart no matter what situation he was in.

Vegan Argumentative Essay Topics - Vegan Argumentative Essay Topics

Vegan Argumentative Essay Topics - Vegan Argumentative Essay TopicsVegan Argumentative Essay Topics is surefire ways to propel your argumentative essay to the top of the pile. The following three vegan argumentative essay topics should provide you with a starting point for your vegan argumentative essay.According to, 'Harlan, Edgar W.: 'Animal Rights and Animal Lives: Reflections on Freedom and Responsibility,' a vegan argumentative essay topic on the role of animal rights in ethical vegan ethics is, 'What is Rights?' He says, 'Our philosophy is informed by the cultural history of cruelty and injustice and what we can do about it. No matter how great the suffering or how many injustices committed, it's still possible to advocate for justice on behalf of animals.' By putting that into action, you can still save the planet and at the same time end animal rights abuses. As Harlan said, 'we can still act morally out of moral conviction and not just because the law and our society demand that we do so.'This vegan argumentative essay topic, written by Hilary Taish, an Associate Professor in the Department of Philosophy at the University of British Columbia, asks, 'Why can't we just treat nonhuman animals better? There may be myriad reasons why there can't be. It seems to me that in any animal care plan that can plausibly claim to address this question, if we all of us to examine the merits of the various proposals, we would probably find that there are a good number of cases where we could be satisfied with a better treatment of nonhuman animals than the present situation of the natural world provides. And I think this is in line with the ethical requirement of respecting life as much as we can given the constraints of our time.'Paul McHugh, PhD, is one of the foremost authorities on eating disorders, both mental and behavioral, and argues that, 'Mental conditions are different from physical conditions because, generally speaking, a physical disease involves damage t o some part of the body; a mental condition involves damage to the way we think or feel. Some mental illnesses go beyond bodily harm; they involve anger, violence, or hostility toward others, even toward ourselves. Psychotherapy, if it is done correctly, can usually ameliorate the effects of these disorders.' Based on this, Paul makes the point that if you use this line of argumentation, you can use the same line of argumentation to use vegan argumentative essay topics to get your points across.Consider the sentence structure here. You want to make sure that you remain clear and concise. When you have to deal with both rich and complicated language, it is easy to miss one or more words and get yourself into trouble.You also want to be careful with the use of verbs and adverbs. As Paul explains, 'When I talk about the nature of mental illness, I'm really referring to the nature of mental illness as a process rather than just a set of symptoms. So I don't mean to suggest that people w ho suffer from various forms of mental illness are 'out of control' in the sense of acting out of anger, violence, or hostility. What I'm saying is that different people have different ways of thinking, and these ways may indeed lead them to commit violent acts or to become angry.'One of the vegan argumentative essay topics that works particularly well is the one concerning, 'Animals and vegetarians seem to share the same underlying principles of nonviolence and respect for life, but their principles are not identical.' If you work carefully with the sentences and the sentence structure, this can be a winning argumentative essay topic. Also, you will be able to express your strong moral views without sounding ridiculous or preachy.The above are just three of the vegan argumentative essay topics that you can use for your vegan argumentative essay. There are literally hundreds of vegan argumentative essay topics that you can use and apply to bring your arguments to the top of the pile . Using these essays, you can create a big and impressive first impression in your vegan essay topic choices.

10 Informative Essay Topics on Redistricting

10 Informative Essay Topics on Redistricting In this informative and helpful article, we are going to be talking about some of the most interesting facts about redistricting. Reading these facts and figures will help you write an informative essay which in turn will help you score a better grade. In USA, redistricting is generally known as establishing boundaries for the purpose of electoral districts. Here are our ten facts about redistricting: Just after a census is taken, redistricting is performed after every ten years. According to the US constitution, it is mandatory that the number of people voting for a single representative be equal throughout the states. In a more technical term, every representative in congress should represent an equal number of citizens. Number of citizens apportioned to each state is defined by the general census. During the Baker v. Carr trial, the supreme court looked into the constitution and due to this, redistricting was strengthened greatly. The case led to the people having a right that their votes are counted equally during the election process. Generally known as the â€Å"1-Person equals 1-Vote† doctrine, Baker v. Carr set precedence for future cases as it is now a requirement for states to produce accurate and exact number of population changes after the census. Redistricting nowadays has been refined to the point where legislatures in congressional redistricting must be done with absolute accuracy and there is no tolerance for deviation. Geographical contiguity is a very important factor in legislative redistricting. Every electoral representative who wants to be elected from a single member district must work in accordance with the equal population requirement. If the number of house seats in a state is more than one, then according to the federal law, state legislatures will be responsible to divide the total population into further districts. Each district will have their own elected representative. The uniform state provision is that the federal law makes sure that populations dispersed geographically aren’t connected with bias. Graphical contiguity mandate enforces a limit towards how districts are drawn. There is such a thing called Partisan gerrymandering, in which the political party which is currently in control of creating district borders draws the lines in a way that it favors them and not the opposing party. Basically, this is an unethical trick to limit your oppositions campaigning opportunities. Incumbent protection gerrymandering, also known as â€Å"bipartisan gerrymandering†, happens when the people in-charge of drawing the district lines assure that each political party maintains their control on each of the district where they are already dominant. This ensures that the division of the state is done in a way that it upholds partisan status quo. When the time of redistricting came in California, just after the 2000 census, there was a scuffle between democrats and republicans. At that time the state democrats were in control of the governors mansion and the state legislature. California law permits the party in control to oversee the redistricting process for state legislature and the state congressional delegation. The republicans replied by threatening to accelerate the balloting which left the entire redistricting process to an uncertain vote. They also threatened litigation that pushed the matter into court and thus lead into the state supreme court, which already had six republicans and one democratic appointee, to redistrict. This led to a truce and had created an example of how effective and democratic the process of redistricting can become, even during a fight. Redistricting has been used to eliminate incumbent as well. Just like the democrats were in control of the redistricting in California, the republicans were in control of the redistricting in Virginia. Democratic minority leader Richard Cranwell was targeted by the republicans which made him draw district lines through his neighborhood and put his house into the district of his friend and colleague Chip Woodrum. This led not only to an ethical dilemma for Richard Cranwell, because Woodrum was his friend, but also to an impossible winning situation because the resulting district after redistricting was dominated by Woodrum support. Hence he opted to not run for reelection in 2001. Redistricting has been known to achieve the dilution of minority votes as well. In 2003, Texas legislature drew district lines and the process itself was fought upon severely. Democratic state legislatures which were in minority left and went to Oklahoma and New Mexico in order to prevent state legislatures meetings. In return, Tom DeLay, at that time federal house majority leader, had created an issue with the opposition for using FAA to track their planes. The congressional redistricting plan transferred over a hundred thousand Latino voters from district 23 to 25, this was to protect one incumbent. This act of minority vote dilution was done because that particular incumbent lost all support from Latinos ever since 96’. This was resolved in the supreme court and Texas district 23 was redistricted and fairly divided. Redistricting often leads to closely knit communities being split. In the racial unrest of 92’, Los Angeles had suffered huge damage losses which amounts up to a billion dollars. Majority of that damage was sustained by the small businesses of Korean and Asian communities. When the communities collectively took the matter of cleanup and recovery to their local officials, they were told that the area was in another district. Turns out that the redistricting had split the Korean town. The one-mile area was appallingly divided into four city council and five state assembly districts. This was a classic example of small communities suffering at the hand of redistricting. A total of 22 states, at times, give the authority of redistricting to â€Å"Commissions† which is entity separate from legislatures. These commissions are different in every state but in all situations the legislatures have a say. A total of four states use â€Å"Advisory Commission†, which advise the legislatures because they have the final say, to help with the redistricting process. Five states use â€Å"Backup Commission† and their method of using them vary. Whenever there is conflict in agreement between legislatures on redistricting process, these backup commissions are supposed to step in. Seven states use â€Å"Politician Commissions† in which legislators or elected officials sit and the legislature isn’t involved in the final say. And last but not least, six states use â€Å"Independent Commissions† to perform their redistricting process. So there you have it. We have presented you with ten very informative facts that will assist you in writing essays about redistricting in USA. Next we have twenty topics and our informative essay guide with which you can choose and write a superb paper on redistricting. References: Jim Sanders, Precursor to Prop. 77 â€Å"Orchestrated Well,† Sacramento Bee, Oct. 19, 2005, at A3; Democrats Might Gain Only 1 House Seat in Redistricting, Ventura County Star, Aug. 15, 2001. Hanh Quach Dena Bunis, All Bow to Redistrict Architect, Orange County Register, Aug. 26, 2001. The â€Å"hand,† at the eastern end of current district 11, excised a portion of what had been Cranwell’s district 14. Lindsey Nair, Redistricting Effectively Moves Cranwell, Roanoke Times, Apr. 24, 2001. See Ill. State Board of Elections, Search Vote Totals, at elections.il.gov/electioninformation/GetVoteTotals.aspx Pamela S. Karlan, The Fire Next Time: Reapportionment After the 2000 Census, 50 STAN. L. REV. 731, 733 (1998) (citing Johnson v. De Grandy, 512 U.S. 997, 1020 (1994)) Baker v. Carr, 369 U.S. 186, 199 (1962) Albert Bergesen Max Herman, Immigration, Race, and Riot: The 1992 Los Angeles Uprising, 63 Am. Soc. Rev. 39 (1998)

The History of Knitting - UK Essay Example | Topics and Well Written Essays - 3250 words

The History of Knitting - UK - Essay Example This trajectory demonstrates two qualities of knitting: it is a highly practical, flexible and expressive art form which encourages creativity in design, and it has a deep cultural significance which uniquely combines tradition and modernity in British fashion. These two qualities have ensured thus far that knitwear will remain an important part of any fashion designer’s collection. Origins and early history. The origins of knitting as a hobby and as a fully-fledged industry are lost in the mists of time, and it is impossible to say with any certainty where it first began. The general consensus is that knitting may have been invented in the Middle East by nomadic peoples and have been brought to Europe along with traders in the early Middle Ages. (Hubert: 2010, p. 7) Earlier Roman socks dating from the first centuries AD were made by a knotting technique which is not fully understood by modern scholars, but it is agreed that these were not proper knitting. There are references to the activity in the United Kingdom from as early as AD 1100, and there is evidence of this in the Anglo Saxon verb cnytte which means â€Å"to join, fasten, or fuse with knotting† (Wilson: 1988, p. ... ons of knitting, partly because the ready availability of high quality wool from sheep provides good raw materials and partly because their cool climates ensure a steady demand for warm garments. One advantage of knitting over weaving is that all of the processes from the gathering of the wool, to its cleaning, combing, spinning, knitting and sewing into a garment can be carried out in a small space such as a living room. Looms are large and unwieldy, while knitting can be done on wooden, or later metal needles, with minimal outlay in terms of equipment. From the very beginning cottage workers provided the backbone of the knitting industry and this is an important part of its appeal to wearers. Wearing a knitted garment can identify the wearer with a particular local community and this attribute is still a feature of woollen garments to the present day. Another advantage of traditional knitting over sewing techniques is that the manufacturer can tailor each garment to the wearer by m odifying stitch numbers within a general pattern. This is a highly skilled, but extremely economical use of expensive yarns and ensures that the finished article has an excellent fit. It was not until the mid-sixteenth century that the purl stitch was invented and from then on techniques and styles diversified, with complex new stitches and patterns emerging in different regions of Europe. The geography of knitting in the UK: regional specialisms. Across the UK, different regions developed their own specialities in the production of knitwear. Even within one region, such as Scotland, there can be quite significant geographical segmentation because traditionally individual knitters develop their own unique styles and over time specialize more and more in these directions, with the end result

VARK Learning Styles Essay Example | Topics and Well Written Essays - 1000 words

VARK Learning Styles - Essay Example From this discussion it is clear that  in reference to the VARK scores of the group, it is clear that my ideal and favorite learning techniques include visual and kinesthetic. In the visual assessment, I scored 25% as compared to the group/class score of9%.my kinetic score was 25% as compared to the class score of 21%. The group on the other hand did well on audio and reading techniques. The group/class score in audio assessment was 46% as compared to my 31% score. In audio assessment, the groups cored 24% while I scored 19%. These score differences can be explained through Fleming’s findings.  According to the report  individuals who perform well in the visual assessment are known to prefer assessments or evaluations that include diagram, grids, tables, and pamphlets. Individuals who perform well in Kinesthetic have been observed to prefer assessments that include illustrations, models, laboratory tests, academic expeditions, like to experiment on new things, prefer inc orporation of their own logic and intelligence in learning.  Fleming’s findings showed that individuals who perform when presented with debates, arguments, tutorials, harangues, and dialogues.  These are characteristic of group techniques of erudition. Those individuals who perform well in reading and writing assessments fancy using references in-print, thesis, and instruction booklets, and prefer doing research through the internet.  ... In the visual assessment, I scored 25% as compared to the group/class score of9%.my kinetic score was 25% as compared to the class score of 21%. The group on the other hand did well on audio and reading techniques. The group/class score in audio assessment was 46% as compared to my 31% score. In audio assessment, the groups cored 24% while I scored 19%. These score differences can be explained through Fleming’s findings. Individuals who perform well in the visual assessment are known to prefer assessments or evaluations that include diagram, grids, tables, and pamphlets. Individuals who perform well in Kinesthetic have been observed to prefer assessments that include illustrations, models, laboratory tests, academic expeditions, like to experiment on new things, prefer incorporation of their own logic and intelligence in learning. This explains why I did well in visual and kinesthetic. Results from Fleming’s study showed that individuals who perform when presented with debates, arguments, tutorials, harangues, and dialogues (Fleming and Bauma, 2006). These are characteristic of group techniques of erudition. Those individuals who perform well in reading and writing assessments fancy using references in-print, thesis, and instruction booklets, and prefer doing research through the internet. These techniques are easily and effectively accomplished as a group and that’s why the group performed well. Advantages and disadvantages of the different learning styles The main advantage of visual erudition is the fact that an individual is able to follow and grasp issues promptly. The disadvantage of this technique of learning is that some features and aspects of a certain topic

Essay on Correction Techniques Example | Topics and Well Written Essays - 2000 words

On Correction Techniques - Essay Example Probation, pardon and parole are some kind of the most common corrective measures implemented by criminal justice system to test the behaviour of the criminals who are sentenced. These mechanisms are normally performed to evaluate the success of the correction measures. This paper evaluates the differences between parole and probation and the extent to which probation is successful in correcting a criminal. Hertfordshire printer Frederic Rainer, a volunteer with the Church of England Temperence Society (CETS), writes to the society of his concern about the lack of help for those who come before the courts. He sends a donation of five shillings (25p) towards a fund for practical rescue work in the police courts. The CETS responds by appointing two "missionaries" to Southwark court with the initial aim of "reclaiming drunkards". This forms the basis of the London Police Courts Mission (LPCM), whose missionaries worked with magistrates to develop a system of releasing offenders on the c ondition that they kept in touch with the missionary and accepted guidance (Timeline: A history of probation) The history of probation started from England as explained above. Probation conditions have been changed or modified periodically based on the feedbacks received from the experiences. Many people do not have awareness about the differences between probation and parole. ... On the other hand, a criminal on probation may have less supervision from the probation officers. Parole and probation are granted based on the Pre-Sentence Investigation report (PSI) prepared by a probation officer. The practice of preparing PSI has started in 1920. â€Å"Its original purpose was to provide information to the court on the defendant’s personal history and criminal conduct in order to promote individualized sentencing† (The History of the Pre-sentence Investigation Report, p.1). This report normally contains the background information of the criminal such as his crime history, crime tendency, family history, juvenile adjudications, description of the crime, the defendant's work history, marital status, financial status, length of residence in the community, educational background, medical history, substance abuse history, etc. Based on these information probation officers decide about the corrective measures needed for the criminal. For example, a crimin al who has the history of series of criminal activities may normally get parole whereas first time criminals may normally get probation. Probation is the most liberal corrective mechanism. A judge can decide about the probation of the criminal after reviewing the nature of the crime and the character of the criminal. Fresh criminals may get probation in most of the cases. â€Å"A violation of probation gives rise to a hearing on whether or not probation should be revoked† (Kaman). If a criminal violates the conditions of probation, the judge or the probation officer has the right to withdraw the probation. In such cases, the criminal may get sentencing. On the other hand, parole is granted at the end of a prison term or in between the