African Americans Immigration and Ethnic Relations

Mugged by Andrew Payne Essays

Mugged by Andrew Payne Essays Mugged by Andrew Payne Essay Mugged by Andrew Payne Essay Essay Topic: Literature I performed in Mugged by Andrew Payne. I played the character of Taylor who was a deprived boy who has turned into a bully because of the people that he is around. Mugged is a play about six teenagers that are affected by the things around them, two are bullies, two are boys who are good friends that try to act cool and the two girls go along with the bullies. The teenagers are scared of the muggers and this ends up in one of the six being stabbed. In my essay I am going to study the plays of mugged and Blood Brothers and also Billy Elliot. My character of Taylor is a street wise teenager who is one of the school bullies. He victimises people who are quieter and less street wise than him. He is scared of some individuals across the park that they all fear and see as muggers but intimidates those less powerful than him and makes it look like he is not scared when he secretly is. I played the character of Taylor using some techniques such as walking in the way that a teenage boy would walk and also raising the tone of my voice to make me seem a lot more superior and also talking louder than I normally would. I tried to base that character of Taylor like the character of Tony Elliot, Billys older brother. The actor who played Tony showed his power and authority by raising his voice and he seemed like the type of person who would break the rules but he was very loyal to the miners on strike by not caving in because he needed the money he continued with his work mates. Although he was over powering when he told Billy to dance on the table he was trying to show compassion that he is only a little boy and should not go to ballet school. I tied to play Taylor as very headstrong but towards the end he was a bit lost in whom he was and what he was doing there and I tried to show that he also had a compassionate side. Playing the part of Taylor in mugged helped me to understand how a person like this would relate to the settings around him and also the other characters on the stage. The part of Taylor is a bit like the character of Sammy Johnstone in Blood Brothers because even know they are not the main character in the play they are still a character that has a lot of impact on the other characters and of the outcome at the end of the production. The characters of Sammy, Tony and Taylor have an outcome on the productions that I have used above because they cause life changing situation and in the plays Blood Brothers and Mugged someone ends up dying and Tony changes the decisions that are made but does not affect the play as much. The set of mugged is very simple compared to the sets of Blood Brothers and Billy Elliot. The set of Billy Elliot is the main background of the village miners hall and the bedroom and house was brought in by hydraulics under the stage and other things are brought in by the cast and crew. In Blood brothers the main setting in the first act is the old council buildings on the stage right and on the stage left a posh middle class house. In the second act it changes to some better presented council houses again the other parts of the stage are brought in by the cast and crew. The setting of Mugged was very simple because we performed it in our school so we had two park benches and a bin in between the two benches and that was it so that the set did not distract the audience form the performers. Also this is all that we needed for our play to make it look realistic. Our costumes were very simple me, Sian who played Leon, Allanah who played Marky and Kerry who played Dig wore jogging bottoms and a zip up hoddy to look like the style of people who were trying to be. Penny who played Mel and Georgina who played Soph wore there school skirts and a coat to look like slutty girls. In Billy Elliot each character had more than one costume because the play was over a few months the only person who wore the same costume was Mrs Elliot because she only was on a few times and she was dead so she did not change. Also in Blood Brothers they were a few different costumes because they are playing people over 10 years apart so they have different costumes to show the differences in age and also how they have grown up. Most productions on the West end and in most theatres are different to ours because they have people making the costumes and doing the makeup but because we only did it in school we did not have to do much to make it look good because people do not expect it to look good because it is only armature dramatics so we would not have very good costumes and also we would not have a very complex set. The theme of Mugged is mainly Friendship and who to make friends with and how friends act towards each other. Our play is also about peer pressure which ties in with the plot of both Blood Brothers and Billy Elliot because in both of these plays there is a lot of peer pressure. In Billy Elliot there is peer pressure because the miners are pressurised to stay on strike but Billys dad decided that he would break it for his son to go to ballet school. And in Blood brothers Sammy and his gang pressured Mickey. Linda and Eddie into things that they dont want to do and end up in trouble.

Question In July 2012, in exercising its powers under the EU Markets Essay

Question In July 2012, in exercising its powers under the EU Markets in Financial Instruments Directive (MiFID), UK Financial Se - Essay Example The market would therefore have been a highly competitive one with fewer shares to be traded among several shareholders. The case of survival of the fittest would have therefore arisen. In their bid to acquire London Metal Exchange Ltd, Honk Kong Exchange Investment was mandated to satisfy the provisions of the scheme of arrangement under Part 26 Companies Act 2006, which addresses the issue of legislation to loans and debt. This procedure was necessitated for a number of legal reasons and interpretations. Commonly, it is noted that the need of scheme of arrangement arises for companies such as Hong Kong Exchange Investment to make compromise with its key stakeholders on issues regarding solvent company’s reconstruction. ... cy and solvency Act4, it is very important to stress the fact that the scheme of arrangement is not in place to conceptualize a company’s scheme to become insolvent. With this said, the analysis can well continue on the provisions of the scheme of arrangement involved in the case of Hong Kong Exchange Investment as it would now be known that the scheme of arrangement was entered only as a cost shedding strategy and not as a means of announcing the company’s likelihood to become insolvent. Outcome and implications of the court approval for stakeholders Even though back in July 2012 the United Kingdom Financial Services Authority had exercised its powers under the European Union Markets in Financial Instruments Directive under the 2004/39/EC of the Markets in Financial Instruments Directive (MiFID) to approve Hong Kong Exchange Investment’s acquisition of London Metal Exchange Ltd, the process was somewhat put in a limbo as a court petition was undertaken for the c ourt to sanction the Scheme that had been started and to give a legislative confirmation to the related capital reduction5. This court petition was in reaction to the approved purchasing capital of ?1.39 billion that had been granted earlier. This court case was heard on 5 December 2012 and the issues of the court had it that Hong Kong Exchange Investment was cleared to main its capital base for the acquisition. As part of the issues considered by the court was the remaining conditions to the transaction that had been set out in the Scheme Document. Earlier, the purchasing company, which was Hong Kong Exchange Investment, had fully satisfied condition 1(a) found in Part III of the scheme document that touches on the transaction that had taken place far back on 9 July 2012. Completion of the transaction

'In your opinion, what are the key corporate governance issues Essay

'In your opinion, what are the key corporate governance issues presented in this case and why' - Essay Example The basic role of corporate governance deals with the governance process of the corporation as well as how the management relates with several parties that are interested in the operations of the corporation, namely; shareholders, employees, directors, customers, creditors and suppliers. Every organization desires to have a good corporate governance that is not out to only minimize the possible risks of fraud and failure but also to improve the economic performance and its investment climate. Such governance relates public savings, investment, integrity and market confidence making corporate governance an important inclusion in order to achieve financial stability and economic growth for a long time. The corporation in question is the Royal Dutch/Shell Group which has remained the third largest production and oil production in the world. The size of the corporation makes corporate governance an important factor as it employs more than 119, 000 employees in more than 145 countries (Ev ans, 2004). For decades, Shell/Royal Dutch has been keen to maintain a good position among the top most global corporations. Its corporate governance has mostly been interested in the stability of the corporation in relation to its operations and name. ... ation Governance Issues The declaration by Royal Dutch/Shell Group that it was facing inflated oil reserves and that it intended to downgrade approximately four billion oil and gas reserves resulted to a furor among industry analysts as well as its investors who came out strongly blaming the opaque and complex governance structure that was twin-board for the issues facing the group. Analysts and experts claimed that this type of structure lacked proper accountability as well as resulted to financial manipulations (Hanney, 2004). The main corporation issue facing the Royal Dutch/Shell Group is thus its governance structure that entailed a twin board. This structure is believed to have had several loopholes in its governance thus the several issues associated with the group. The consequent of the above was a series of turmoil for the group. The public announcement of reserves reduction claimed that the company was fond of blaming human failings through its top executives and not come u p with critics on the weaknesses of the structure of Shell (Malin, 2004). The reaction of the group following the mounting pressure from its investors was to institute reviews and recognize and appreciated that it had complicated the organization in unusual ways but still insisted that it is the same structure that had taken the group to the greatest heights for more than one hundred years thus is justified by the legal regimes and differing tax. The issues facing Shell are not just a problem of the group but an issue facing the international gas and oil industry. Royal Dutch/Shell Group Governance Structure The main issue facing the governance of the group goes up to some of its senior executives who recognize that the corporation reserves were overstated. In addition to this realization,

Human Communication Theory and Research Essay Example | Topics and Well Written Essays - 1750 words

Human Communication Theory and Research - Essay Example Different scholars including philosophers have developed theories to help understand ways people communicate and assign meaning to what they say and hear. One of such theories is Referential Theory. The paper will discuss the theory by outlining its assumptions, strengths, and weaknesses. Â  Referential theory of meaning has its roots from the work of Aristotle, and he was the first person to expound on it in the 4th century BC (Hobbs, 2012). He had an assumption regarding words that people spoke and believed they had a meaning attached to them. According to his view, the meaning of a word consists in what it refers to (Hobbs, 2012). He gave several examples to prove his argument and as a justification that meanings are denoted by the words referred. For instance, the word "dog" is used to refer to all the dogs in the world and dogs are mammals that human beings rear at homes. Therefore, it is in order for one to hold that dog refers to all the animals who share the same similarities in the world. Similarly, knowing what dog refers to makes it easy for people to know the meaning of the word. Â  Besides, Aristotle argued by giving other additional examples towards justifying his statements. For instance, the meaning of a tree is the same one known, the meaning of a joke is the same joke we practice every day same to automobiles used in everyday life (Hobbs, 2012). Because of this, proponents of the theory believe that meaning of a term consists in its reference class. This implies that it falls into the category that the words refer. Â  The referential theory is cherished because of the identity it gives objects it refers to. The theory holds because of its ability to point to references class that is used in explaining the meaning of words used (UNC, 2015).

Importance of ‘True and Fair View of Financial Statements

Importance of ‘True and Fair View of Financial Statements Introduction This essay focuses on the definition of the ‘true and fair view’ and how to use in accounting practically. In my opinion, ‘true and fair view’ is essential in the real world of accounting because the company has to provide reliable and relevant information to demonstrate its actual financial situation in financial report. However, from December 2013, the ‘true and fair view’ is not defined in Corporations Act s. 295(4)(d) and other regulations or legislations. This is because it has been a controversial debate towards whether the exact nature of ‘true and fair view’. Therefore, the following essay will explain the importance of the ‘true and fair view’ in terms of the appropriate disclosure of material matters in financial statement and the frustration in terms of the definition as well. What is True and Fair? The ‘true and fair view’ concept is one of two competing but not mutually exclusive legal standards for financial reporting quality that have been subject to debate on their meaning, use and importance. The other is ‘present fairly in conformity with generally accepted accounting principles’ (GAAP). The mainly prescriptive literature suggests that each regime that requires compliance with ‘true and fair view’ tends to address and interpret the concept according to specific historical, social, cultural, political and economic roots and environments (Deegan Michael 2012). The nature of truth, whether absolute or relative, it is the existence of a reality, an unquestionable thing, or as an abstract concept, either dependent or independent of believers. The interpretation equated with the truth and fairness to the relevance together with adequate disclosure in financial report. In accounting concept, ‘True and fair view’ indicates that the financial statement must not contain material misstatement and actually reflect the financial performance and position on the company(Deegan Michael 2012). To be specific, ‘True’ means the financial statement accord with the reality and formal reporting framework such as conceptual framework and free from any unreal information which could mislead the users. ‘Fair’ means the information in financial statement do not include any personal prejudice or bias thus it could reflect the economic substance or transaction. The Importance of True and Fair in Accounting The Corporations Act requires the accountants to provide true and fair information so that the accounts of the company can convey a true and fair view explicitly. Under s. 297, it is required that the financial statements and notes should to give a true and fair value of the entity’s financial position in the financial year. Moreover, s. 308 requires auditors to give a true and fair view in the annual financial statements and comply with accounting standards. Beside to the Corporations Act, Chastney (1975) suggests that fairness means that, in order to achieve a true and fair view financial reports should present information both impartially and in a manner that a reader can understand clearly. The concepts of truth and fairness are of great significance to ensure the accounting information to be reliable. The information reflected in the financial repot includes the measurements of assets and liabilities, the calculation of profit and capital, as well as the actual quantities involved in business activities (Ryan 1988). The information disclosed in financial statements should be fair to shareholders, public and other related stakeholders. Thus, directors and auditors in a company have an obligation to comply with the ‘true and fair value’ in all accounting activities. For example, four particular information should be disclosed in the financial statement. These information are required to be true and fair to reflect the financial performance and position of the company. The four information needs are:capital maintenance, stewardship. Liquidity and net realizable value. From the perspective of true and fair, these four information are required as follows: Capital maintenance need to satisfy the needs of shareholders for disclosing the annual profit legally available for dividend, retained profit and the amount and form of paid-up capital. Stewardship need to satisfy the needs for disclosing the results achieved by directors from the use of funds and whether the investment are following the objective of the company (Power 2010). Liquidity are quired to serve as an indication to the solvency. The information should clarify the abilities of companies to met liabilities in short term, the amount of bank overdraft and the amount of any securities to secured company’s debts (Chastney 1975). Net realizable value disclosure are needed to make sure shareholders do not sell their shares which are parts of net realizable value but was available to the company. Under these interpretations, the measurement of periodic profit based on detail monetary model, which elaborate the demand and actual application of how fairness reflected in the financial statement (Gaffikin, Dagwell Wines 2004). Moreover, all the measurements should be internally consistent and comply with the applying of the accounting System.The value of the true and fair view also reflect the compliance of the transactions with relevant regulations, statutory provision and other accounting standard. For example, the accounting policies applied in the organization should be appropriate to a accompany’s business, and the acquirements and recommendations in accounting standards can be practical in the use of achieving company’s actual financial objectives (Aisbitt Nobes 2001). Specially, AASB 1001 requires the accounting policies should to ensure the substance of the underlying transactions or other events , satisfying the concepts of relevance and reliability (AASB). This demands the actual economic nature and effect of the events to be reported. At last, the truth and fairness also make contributions to the company’s decision making. This is because the relevance and reliability has b een ensured and the managers can predict the future perspective according to the useful information reported in the financial statement (Ijiri Jaedicke 2004). How to define True and Fair? However, True and fair concept is not yet defined by authority, also some way to define that in view of its relationship to the various components of a true and fair. (Lee, 1982) There is also no legal concept prescribe the notion of true and fair. Sometimes the application of ‘true and fair valve’ go far beyond of technical rules of accounting (Aisbitt Nobes 2001). For example, stemming from the meaning of ‘compliance with the facts’, ‘truth’ refers to ‘empirical correspondence’ in accounting terminology. But in practical accounting, the value of truth is not limited to its literal definition. It also expand to deductive validity in audit process. Further more, the application of fair also involved in the appropriate general accounting model for measurement of periodic profit and capital. That is to say, there is no fixed standard to rule what is exactly the meaning of ‘true and fair value’ in practical accounting. On the other hand, although true and fair view is really essential in accounting framework, however, in real life sometimes it is quite hard for the accountant to make absolute right decision in terms of following absolute truth and fairness. For example, in the process of determining the depreciation, several methods are available such as declining balance method, maximum amount method, multi-level method and the basic method (Ryan 1988). In most cases, several options are accessible and reasonable, but different methods could lead to different calculation answers, affecting the estimation of company’s financial performance. When the accountant put the formula into the reality, they have to take into account the company’s position and financial performance target, then making the optimal decision (Lee 1982). In this situation, the concept of ‘true and fair view’ do not have fixed rules and the accountant may use the professional judgment to make the final decision. Conclusion To conclude, true and fair value are of great concern in accounting, especially in financial statements. The idea that true and fair value measurement is part of professional identification in terms of the releasability and relevance of the information disclosed in the financial report. However, in most cases, the technical standard setting of true and fair value are not obvious and uniform, which address impediment to real practicability of the interpretations. This is because the notions of relevance and reliability cannot be defined independently of the whole accounting system and are always subject to changes (Power 2010). Reference list Aisbitt, S Nobes, C 2001, ‘The true and fair view requirement in recent national implementations’, Accounting and Business Research, vol. 31, no. 2, pp. 83-90 Australian Accounting Standard Board 2010, Complied AASB Standard AASB 117, Australian Government Australian Accounting Standards Board, Australia. Chastney, JG 1975, True and fair view: a study of the history and meaning of true and fair and a consideration of the impact of the fourth directive, Institute of Chartered Accountants in England and Wales, London Deegan C., 2012 Australian Financial Accounting, 7th ed, McGraw-Hill, Nth Ryde Gaffikinà ¯Ã‚ ¼Ã…’ Mà ¯Ã‚ ¼Ã…’ Dagwellà ¯Ã‚ ¼Ã…’ R Winesà ¯Ã‚ ¼Ã…’ G 2004à ¯Ã‚ ¼Ã…’ Corporate accounting in Australiaà ¯Ã‚ ¼Ã…’ 3rd editionà ¯Ã‚ ¼Ã…’ University of New South Wales Press Ltdà ¯Ã‚ ¼Ã…’ NSW Ijiri, Y Jaedicke, R 2004, ‘Reliability and objectivity of accounting measurements’, The Accounting Review, vol. 41, no. 3, pp. 471–483. Lee, TA 1982, ‘The will-o-the-wisp of true and fair’, The Accountant, vol. 187, no. 5601, pp. 16-18. Power, M 2010, ‘Fair value accountin: financial economics and the transformation of reliability’, Accounting and Business Research, vol. 40, no. 3, pp. 197-210. Ryan, JB 1988, A True and Fair View: A Revised Accounting Interpretation, University of Wollongong, Wollongong

Computer Piracy in The Music Industry Essay -- mp3 file sharing music

Computer Piracy (The Music Industry) The music industry has had problems with computer piracy for many years now. There have been many programs devoted to giving out free music. Many of these programs are well know, but still very hard to stop. Napster, Kazaa, and the newest program, myTunes Redux are the most popular programs for music sharing. This essay will explain all about these main programs which allow free music to be shared all over the world. File-sharing became big right around the time the Napster file-sharing program came out. Napster is an online service which was invented by an 18-year-old college student that allows a user to see song files residing on the hard drives of other users, and to download copies of any of those songs. (DLC.org) Napster started off at a slow pace, becoming popular at colleges and then it just exploded. Everyone was using this program within a year of its creation. (DLC.org) However, it eventually got busted and the idea of free music was shutdown, or so the music industry thought. Napster continues to be around today, but with a legal persona. After Napster was told to stop there illegal program there were many other programs in the making. Programs even more advanced then Napster. The next program to come along which caused a big stir was a program known as Kazaa. Kazaa took file sharing to the next level by also allowing movie and picture files to be shared rather than just music files. The Kazaa protocol is the brainchild of the Scandinavians Niklas Zennstrà ¶m and Janus Friis and was introduced in March 2001 by their Dutch company Consumer Empowerment. (Wikipedia.org) Like the creators of Napster, Kazaa's owners have been taken to court by m... ...l and is the biggest file sharing program since Napster and Kazaa. There will most likely be a final resolution to this new program by next year. Basically, file sharing programs will always be around. They even are able to avoid law suits by explaining that it is the user who is breaking the law. The world of the music industry needs to understand that there is nothing they can do to stop it. All they can do is try to find ways to work around it. Besides, if someone really enjoys a band, they would go out and support them by buying their cd. In the end, file sharing is part of the world around us and will remain here for many years to come. Works Cited http://www.dlc.org/print.cfm?contentid=646 http://en.wikipedia.org/wiki/Kazaa http://news.com.com/MyTunes+returns+for+iTunes+song+sharing/2100-1027_3- 5349272.html