Sunday, December 29, 2019

Mental Health Case Study - 709 Words

According to The Free Dictionary, mental illness is defined as, â€Å"Any of various psychiatric conditions, usually characterized by impairment of an individual s normal cognitive, emotional, or behavioral functioning, and caused by physiological or psychosocial factors â€Å"(The Free Dictionary, 2007). Mental illness can certainly be a physical illness, but is not as easily diagnosed like a disease such as diabetes. In a disease like diabetes, physicians can run tests to look for certain indicators of the disease in the blood like the levels of blood glucose and hemoglobin A1C. Sometimes physical conditions can cause mental illnesses. Unlike diseases like diabetes, mental health diagnoses’ often rely more on the patient relaying their symptoms†¦show more content†¦The primary physician can prescribe anti-depressants for a patient that is suffering from anxiety or depression. They can also run tests to make sure a problem is not organic in nature versus purely m ental. If mental health and physical health care are kept separate, a physician could miss a medical diagnoses that could be causing a mental problem. Some of the servicesShow MoreRelatedMental Health Case Study7435 Words   |  30 PagesRunning head: CASE STUDY LS Mental Health Case Study LS Nicole Castro College of Southern Nevada Division of Nursing Mental Health Nursing Clinical NURS 243C-S10 Micki Lin Mongogna-Alarcon, MA, BSN, RN October 18, 2010 Mental Health Case Study DM Demographic Data: LS is a 44 year-old female of African and Hispanic decent. She was born in California but moved to Las Vegas as a teenager. She stated that she attended Clark High School and went to a â€Å"stewardess college† inRead MoreMental Health Case Study1261 Words   |  6 Pagesexceptional. The PHQ-9 scored a 0.89 Cronbach’s Alpha within the Primary care setting and a Cronbach’s Alpha of 0.86 in the Obstetrics and Gynecology setting. To test reliability a test-retest was done using follow up phone interviews with a Mental Health professional in a trial of 580 patients. This test was performed within 48 hours of the original PHQ-9. The Cronbach’s Aplha was 0.84 for the test-retest. The means score for the clinic samples was 5.08 and 5.03 for the telephone interviews. TheRead MoreMental Health Case Study1499 Words   |  6 PagesThere are many mental health facilities around the state and the country, being able to attend and observed in one was very difficult because of confidentially purposes. Many agencies I visited such as Catholic Charities, St. Mary Hospital behavioral health services, covenant house had turned me down not allowing me to have that exposure and visit in their organization. The agencies policies were strict, they had mentioned they will have to do a series of background checks and had to be enroll inRead MoreMental Health Case Study800 Words   |  4 PagesEvidence of effectiveness- A study conducted in Brisbane State high school as cohort based randomized control trial with 134 participants in grade 9-year students, the previous year 9 (n=126) acted as control group with 10 months follow up. Results reveals that students with intervention conditions of hopelessness reported significantly lower level of depressive symptoms and improved mental health and well-being. [20] Another place control trial study conducted in New Zealand, reports a positiveRead MoreMental Health Disorder Case Study1524 Words   |  6 Pagesthe Diagnostic and Statistical Manual of Mental Disorders. This Manual is basically published by the American Psychiatric Association and it goes on to recognize all the major health disorders. The Substance related disorders are either substance use disorders or substance induce disorders. The Substance use disorders basically consist of dependence and abuse. On the other hand, substance induced disorders include withdrawal, intoxication and other mental states such as psychosis, dementia and moodRead MoreMaternal Mental Health Case Study801 Words   |  4 PagesPurpose Maternal mental health (MMH) disorders occurs in one out of 10 women during pregnancy and within the first year after birth (Maternal Health, 2016). Current law in California states no requirement for perinatal or postpartum screening. AB 244 proposes to create a pilot program to increase the healthcare providers capacity and training to manage MMH conditions to serve pregnant and postpartum women up to one year after delivery (California Legislative Information, 2017). The purpose of thisRead MoreCase Study : Client Mental Health Characteristics Essay1617 Words   |  7 PagesCase Study: Client Mental Health Characteristics During the initial phase of therapy, Jane exhibited characteristics that I considered mentally unhealthy in CBT. She had little insight into her maladaptive information processing; she could identify that she was anxious, but was unable to trace the source of this anxiety. I identified two types of cognitive distortions that were problematic for the client: arbitrary inference and mislabeling. Arbitrary inference became particularly obvious asRead MoreCase Study : Clinical Mental Health Counseling Essay2484 Words   |  10 PagesDenielle Aldridge M.S. in Clinical Mental Health Counseling Personal, Academic, and Professional Qualities/Personal Qualities My primary goal in applying to Walden University s M.S. program in Clinical Mental Health Counseling is to prepare myself for a future career in helping a wide range of individuals in my community to find happiness and to develop healthy relationships with their family and to find camaraderie within their community. I am greatly interested in working withRead MoreMental Health And Mental Illness1314 Words   |  6 PagesUnderstanding mental health is a very complex concept. The antiquity of mental illness and madness tells two common and defective definitions of mental health. The first, that mental health is the absence of mental illness, while the second that mental health is a state of well-being (Tudor, 1995). The fact that both definitions are reductive and the same word mental health is used to mean mental illness added more confusion to such term. However, it is important to know what really is mental health and mentalRead MoreMaking Meaning When A Child Has Mental Illness1 222 Words   |  5 PagesSummary of the Article The case study entitled, â€Å"Making Meaning When a Child Has Mental Illness: Four Mothers Share Their Experiences† by Ahmann (2013) is essentially where Ahmann interviews four mothers whose children have been given a mental health diagnosis and she documents in anecdotal form how each of them were able to cope, and even escape the feelings of grief, isolation, loneliness, helplessness, and depression by reaching out to others and â€Å"making meaning† in their lives by being mentors

Saturday, December 21, 2019

Aristotle s Of Aristotle And Aristotle - 2139 Words

As Aristotle saw his general surroundings, he watched that things are moving and changing in certain ways. Aristotle found that specific things cause different things, which thusly bring about something else. Aristotle trusted that a boundless chain of causation was unrealistic, subsequently, a prime mover or some likeness thereof should exist as the main source of everything that progressions or moves. The main proof that Aristotle saw was his general surroundings. He watched that everything is in movement, and that one movement causes another movement etc. Much like billiard balls on a pool table. One ball hits another ball, that ball moves, hits a third ball, and the third ball moves. Like A causes B to move causes C to move and so on.†¦show more content†¦On the off chance that the planets moved about in roundabout movement then there more likely than not been a cause to realize their movement, consequently, there must likewise be either an unbounded chain of causation for sublime bodies or a prime mover/first reason for the magnificent bodies. For Aristotle nearby movement is the essential kind of movement and the essential sort of movement is roundabout movement For Aristotle this implies everything is moving, and the best type of development is development in a round movement in light of the fact that a circle is the ideal type of development. It has no starting and no end, it is consistent and everlasting. Aristotle saw this movement in everything, even the human presence is that of a cycle. We are conceived, recreate and pass on, in a nonstop presence pretty much as the eminent bodies start at one point and move around until they are toward the starting point once more. Aristotle expressed his point as the accompanying: Assuming, then, the same thing dependably exists in a cycle something should dependably remain really working similarly, And if there is to be a coming to be and dying, then there must be something else that really works in one route at one time and in another path at some other time. The, then should really work in one route in view of itself, and in another path due to something else, and henceforth either due to a few

Friday, December 13, 2019

Practical Demonkeeping Chapter 5-7 Free Essays

string(179) " meerschaum mermaid carved so that Brine’s index finger fell across her breasts, and tried to apply some meaning to a situation that was outside the context of his reality\." 5 AUGUSTUS BRINE He was an old man who fished off the beaches of Pine Cove and he had gone eighty-four days without catching a fish. This, however, was of little consequence because he owned the general store and made a comfortable enough living to indulge his passions, which were fishing and drinking California wines. Augustus Brine was old, but he was still strong and vital and a dangerous man in a fight – although he had had little cause to prove it in over thirty years (except for the few occasions when he picked up a teenage boy by the scruff of the neck and dragged him, terrified, to the stockroom, where he lectured him alternately on the merits of hard work and the folly of shoplifting from Brine’s Bait, Tackle, and Fine Wines). We will write a custom essay sample on Practical Demonkeeping Chapter 5-7 or any similar topic only for you Order Now And while a weariness had come upon him with age, his mind was still sharp and agile. On any evening one might find him stretched out before his fireplace in a leather chair, toasting his bare feet on the hearth, reading Aristotle, or Lao-tzu, or Joyce. He lived on a hillside overlooking the Pacific, in a small wooden house he had designed and built himself, so that he might live there alone without having his surroundings seem lonely. During the day, windows and skylights filled the house with light, and even on the most dismal, foggy day, every corner was illuminated. In the evening three stone fireplaces, which took up whole walls in the living room, bedroom, and study, warmed the house. They offered a soft, orange comfort to the old man, who burned cord after cord of red oak and eucalyptus, which he cut and split himself. When he considered his own mortality, which was seldom, Augustus Brine knew he would die in this house. He had built it on one floor with wide halls and doorways so that if he were ever confined to a wheelchair he might remain self-sufficient until the day when he would take the black pill sent to him by the Hemlock Society. He kept the house neat and orderly. Not so much because he desired order, for Brine believed chaos to be the way of the world, but because he did not wish to make life difficult for his cleaning lady, who came in once a week to dust and shovel ashes from the fireplaces. He also wished to avoid acquiring the reputation of being a slob, for he knew people’s propensity for judging a man on one aspect of his character, and even Augustus Brine was not above some degree of vanity. Despite his belief that the pursuit of order in a chaotic universe was futile, Brine lived a very ordered life, and this paradox, upon reflection, amused him. He rose each day at five, indulged himself in a half-hour-long shower, dressed, and ate the same breakfast of six eggs and half a loaf of sourdough toast, heavily buttered. (Cholesterol seemed too silent and sneaky to be dangerous, and Brine had decided long ago that until cholesterol gathered its forces and charged him headlong across the plate with Light Brigade abandon, he would ignore it.) After breakfast, Brine lit his meerschaum pipe for the first time of the day, crawled onto his truck, and drove downtown to open his store. For the first two hours he puffed around the store like a great white-bearded locomotive, making coffee, selling pastries, trading idle banter with the old men who greeted him each morning, and preparing the store to run under full steam until midnight, under the supervision of a handful of clerks. At eight o’clock the first of Brine’s employees arrived to man the register while Brine busied himself ordering what he called Epicurean necessities: pastries, imported cheeses and beers, pipe tobacco and cigarettes, homemade pasta and sauces, freshly baked bread, gourmet coffees, and California wines. Brine believed, like Epicurus, that a good life was one dedicated to the pursuit of simple pleasures, tempered with justice and prudence. Years ago, while working as a bouncer in a whorehouse, Brine had repeatedly seen depressed, angry men turned to gentleness and gaiety by a few moments of pleasure. He had vowed then to someday open a brothel, but when the ramshackle general s tore with its two gas pumps had been put up for sale, Brine had compromised his dream by buying it and bringing pleasure of a different sort to the public. From time to time, however, a needling suspicion arose in his mind that he had missed his true calling as a madam. Each day when the orders were finished, Brine selected a bottle of red wine from his shelves, packed it in a basket with some bread, cheese, and bait, and took off for the beach. He passed the rest of the day sitting on the beach in a canvas director’s chair sipping wine and smoking his pipe, waiting for the long surf-casting rod to bend with a strike. On most days Brine let his mind go as clear as water. Without worry or thought he became one with everything around him, neither conscious nor unconscious: the state of Zen mushin, or no-mind. He had come to Zen after the fact, recognizing in the writings of Suzuki and Watts an attitude he had come to without discipline, by simply sitting on the beach staring into an empty sky and becoming just as empty. Zen was his religion, and it brought him peace and humor. On this particular morning Brine was having a difficult time clearing his mind. The visit of the little Arab man to the store vexed him. Brine did not speak Arabic, yet he had understood every word the little man had said. He had seen the air cut with swirling blue curses, and he had seen the Arab’s eyes glow white with anger. He smoked his pipe, the meerschaum mermaid carved so that Brine’s index finger fell across her breasts, and tried to apply some meaning to a situation that was outside the context of his reality. You read "Practical Demonkeeping Chapter 5-7" in category "Essay examples" He knew that if he were to accept the fluid of this experience, the cup of his mind had to be empty. But right now he had a better chance of buying bread with moonlight than reaching a Zen calm. It vexed him. â€Å"It is a mystery, is it not?† someone said. Startled, Brine looked around. The little Arab man stood about three feet from Brine’s side, drinking from a large styrofoam cup. His red stocking cap was glistening, damp with the morning spray. â€Å"I’m sorry,† Brine said. â€Å"I didn’t see you come up.† â€Å"It is a mystery, is it not? How this dashing figure seems to appear out of nowhere? You must be awestruck. Paralyzed with fear perhaps?† Brine looked at the withered little man in the rumpled flannel suit and silly red hat. â€Å"Very close to paralyzed,† he said. â€Å"I am Augustus Brine.† He extended his hand to the little man. â€Å"Are you not afraid that by touching me you will burst into flames?† â€Å"Is that a danger?† â€Å"No, but you know how superstitious fishermen are. Perhaps you believe that you will be transformed into a toad. You hide your fear well, Augustus Brine.† Brine smiled. He was baffled and amused; it didn’t occur to him to be afraid. The Arab drained his cup and dipped it into the surf to refill it. â€Å"Please call me Gus,† Brine said, his hand still extended. â€Å"And you are?† The Arab drained his cup again, then took Brine’s hand. His skin had the feel of parchment. â€Å"I am Gian Hen Gian, King of the Djinn, Ruler of the Netherworld. Do not tremble, I wish you no harm.† â€Å"I am not trembling,† Brine said. â€Å"You might go easy on that seawater – it works hell on your blood pressure.† â€Å"Do not fall to your knees; there is no need to prostrate yourself before my greatness. I am here in your service.† â€Å"Thank you. I am honored,† Brine said. Despite the strange happenings in the store, he was having a hard time taking this pompous little man seriously. The Arab was obviously a nuthouse Napoleon. He’d seen hundreds of them, living in cardboard castles and feasting from dumpsters all over America. But this one had some credentials: he could curse in blue swirls. â€Å"It is good that you are not afraid, Augustus Brine. Terrible evil is at hand. You will have to call upon your courage. It is a good sign that you have kept your wits in the presence of the great Gian Hen Gian. The grandeur is sometimes too much for weaker men.† â€Å"May I offer you some wine?† Brine extended the bottle of cabernet he had brought from the store. â€Å"No, I have a great thirst for this.† He sloshed the cup of seawater. â€Å"From a time when it was all I could drink.† â€Å"As you wish.† Brine sipped from the bottle. â€Å"There is little time, Augustus Brine, and what I am to tell you may overwhelm your tiny mind. Please prepare yourself.† â€Å"My tiny mind is steeled for anything, O King. But first, tell me, did I see you curse blue swirls this morning?† â€Å"A minor loss of temper. Nothing really. Would you have had me turn the clumsy dolt into a snake who forever gnaws his own tail?† â€Å"No, the cursing was fine. Although in Vance’s case the snake might be an improvement. Your curses were in Arabic, though, right?† â€Å"A language I prefer for its music.† â€Å"But I don’t speak Arabic. Yet I understood you. You did say, ‘May the IRS find that you deduct your pet sheep as an entertainment expense,’ didn’t you?† â€Å"I can be most colorful and inventive when I am angry.† The Arab flashed a bright grin of pride. His teeth were pointed and saw-edged like a shark’s. â€Å"You have been chosen, Augustus Brine.† â€Å"Why me?† Somehow Brine had suspended his disbelief and denied the absurdity of the situation. If there was no order in the universe, then why should it be out of order to be sitting on the beach talking to an Arab dwarf who claimed to be king of the Djinn, whatever the hell that was? Strangely enough, Brine took comfort in the fact that this experience was invalidating every assumption he had ever made about the nature of the world. He had tapped into the Zen of ignorance, the enlightenment of absurdity. Gian Hen Gian laughed. â€Å"I have chosen you because you are a fisherman who catches no fish. I have had an affinity for such men since I was fished from the sea a thousand years ago and released from Solomon’s jar. One gets ever so cramped passing the centuries inside a jar.† â€Å"And ever so wrinkled, it would seem,† Brine said. Gian Hen Gian ignored Brine’s comment. â€Å"I found you here, Augustus Brine, listening to the noise of the universe, holding in your heart a spark of hope, like all fishermen, but resolved to be disappointed. You have no love, no faith, and no purpose. You shall be my instrument, and in return, you shall gain the things you lack.† Brine wanted to protest the Arab’s judgment, but he realized that it was true. He’d been enlightened for exactly thirty seconds and already he was back on the path of desire and karma. Postenlightenment depression, he thought. 6 THE DJINN’S STORY Brine said, â€Å"Excuse me, O King, but what exactly is a Djinn?† Gian Hen Gian spit into the surf and cursed, but this time Brine did not understand the language and no blue swirls cut the air. â€Å"I am Djinn. The Djinn were the first people. This was our world long before the first human. Have you not read the tales of Scheherazade?† â€Å"I thought those were just stories.† â€Å"By Aladdin’s lamplit scrotum, man! Everything is a story. What is there but stories? Stories are the only truth. The Djinn knew this. We had power over our own stories. We shaped our world as we wished it to be. It was our glory. We were created by Jehovah as a race of creators, and he became jealous of us. â€Å"He sent Satan and an army of angels against us. We were banished to the netherworld, where we could not make our stories. Then he created a race who could not create and so would stand in awe of the Creator.† â€Å"Man?† Brine asked. The Djinn nodded. â€Å"When Satan drove us into the netherworld, he saw our power. He saw that he was no more than a servant, while Jehovah had given the Djinn the power of gods. He returned to Jehovah demanding the same power. He proclaimed that he and his army would not serve until they were given the power to create. â€Å"Jehovah was sorely angered. He banished Satan to hell, where the angel might have the power he wished, but only over his own army of rebels. To further humiliate Satan, Jehovah created a new race of beings and gave them control over their own destinies, made them masters of their own world. And he made Satan watch it all from hell. â€Å"These beings were parodies of the angels, resembling them physically, but with none of the angels’ grace or intelligence. And because he had made two mistakes before, Jehovah made these creatures mortal to keep them humble.† â€Å"Are you saying,† Brine interrupted, â€Å"that the human race was created to irritate Satan?† â€Å"That is correct. Jehovah is infinite in his snottiness.† Brine reflected on this for a moment and regretted that he had not become a criminal at an early age. â€Å"And what happened to the Djinn?† â€Å"We were left without form, purpose, or power. The netherworld is timeless and unchanging, and boring – much like a doctor’s waiting room.† â€Å"But you’re here, you’re not in the netherworld.† â€Å"Be patient, Augustus Brine. I will tell you how I came here. You see, many years passed on Earth and we remained undisturbed. Then was born Solomon the thief.† â€Å"You mean King Solomon? Son of David?† â€Å"The thief!† The Djinn spat. â€Å"He asked for wisdom from Jehovah that he might build a great temple. To assist him, Jehovah gave him a great silver seal, which he carried in a scepter, and the power to call the Djinn from the netherworld to act as slaves. Solomon was given power over the Djinn on Earth that by all rights belonged to me. And as if that was not enough, the seal also gave him the power to call up the deposed angels from hell. Satan was furious that such power be given to a mortal, which, of course, was Jehovah’s plan. â€Å"Solomon called first upon me to help him build his temple. He spread the temple plans before me and I laughed in his face. It was little more than a shack of stone. His imagination was as limited as his intelligence. Nevertheless, I began work on his temple, building it stone by stone as he instructed. I could have built it in an instant had he commanded it, but the thief could only imagine a temple being built as it might be built by men. â€Å"I worked slowly, for even under the reign of the thief, my time on Earth was better than the emptiness of the netherworld. After some time I convinced Solomon that I needed help, and I was given slaves to assist me in the construction. Work slowed even more, for while some of them worked, most stood by and chatted about their dreams of freedom. I have seen that such methods are used today in building your highways.† â€Å"It’s standard,† Brine said. â€Å"Solomon grew impatient with my progress and called from hell one of the deposed angels, a warrior Seraph named Catch. Thus did his troubles begin. â€Å"Catch had once been a tall and beautiful angel, but his time in hell, steeping in his own bitterness, had changed him. When he appeared before Solomon, he was a squat monster, no bigger than a dwarf. His skin was like that of a snake, his eyes like those of a cat. He was so hideous that Solomon would not allow him to be seen by the people of Jerusalem, so he made the demon invisible to all but himself. â€Å"Catch carried in his heart a loathing for humans as deep as Satan himself. I had no quarrel with the race of man. Catch, however, wanted revenge. Fortunately, he did not have the powers of a Djinn. â€Å"Solomon told the slaves who worked on the temple that they were being given divine assistance and that they should behave as if nothing was out of the ordinary, so the people of Jerusalem might not notice the demon’s presence. The demon threw himself into the construction, honing huge blocks of stone and hauling them into place. â€Å"Solomon was pleased with the demon’s work and told him so. Catch said that the work would go faster if he didn’t have to work with a Djinn, so I stood by and watched as the temple rose. From time to time great stones dropped from the walls, crushing the slaves below. While the blood ran, I could hear Catch laughing and shouting ‘Whoops’ from the top of the wall. â€Å"Solomon believed these killings to be accidents, but I knew them to be murder. It was then that I realized that Solomon’s control over the demon was not absolute, and therefore, his control over me must have its limits as well. My first impulse was to try to escape, but if I were wrong, I knew that I would be sent back to the netherworld and all would be lost. Perhaps I could persuade Solomon to set me free by offering him something he could attain only through my power to create. â€Å"Solomon’s appetite for women was infamous. I offered to bring him the most beautiful woman he had ever seen if he would allow me to remain on Earth. He agreed. â€Å"I retreated to my quarters and contemplated what sort of woman might most please the idiot king. I had seen his thousand wives and found no common thread among their charms that revealed Solomon’s preferences. In the end I was left to my own creativity. â€Å"I gave her fair hair and blue eyes and skin as white and smooth as marble. She was all things that men wish of women in body and mind. She was a virgin with a courtesan’s knowledge in the ways of pleasure. She was kind, intelligent, forgiving, and warm with humor. â€Å"Solomon fell in love with the woman as soon as I presented her to him. ‘She shines like a jewel’, he said. ‘Jewel shall be her name.’ He spent an hour or more just staring at her, captivated with her beauty. When finally his senses returned, he said, ‘We will talk later of your reward, Gian Hen Gian.’ Then he took Jewel by the hand and led her to his bedchamber. â€Å"I felt a strength return to me the moment I presented Jewel to the king. I was not free to escape, but for the first time I was able to leave the city without being compelled by some invisible bond to return to Solomon. I went into the desert and spent the night enjoying the freedom I had gained. It was not until I returned the next morning that I realized that Solomon’s control over me and the demon depended upon the concentration of his will, as well as the invocations and the seal given to him by Jehovah. The woman, Jewel, had broken his will. â€Å"I found Solomon in his palace weeping one moment, then screaming with rage the next. While I had been away Catch had come to Solomon’s bedchamber, not in the form that Solomon recognized, but in the form of a huge monster, taller than two men and as wide as a team of horses, and the slaves could see him as well. While Solomon watched in horror, the demon snatched Jewel from the bed with a single, talonlike hand and bit her head off. Then the monster swallowed the girl’s body and reached for Solomon. But some force protected the king, and Solomon commanded the demon to return to his smaller form. Catch laughed in his face and skulked off to the wives’ quarters. â€Å"Through the night the palace was filled with the screams of terrified women. Solomon ordered his guards to attack the demon. Catch swatted them away as if they were flies. By dawn the palace was littered with the crushed bodies of the guards. Of Solomon’s thousand wives only two hundred remained alive. Catch was gone. â€Å"During the attack Solomon had called upon the power of the seal and prayed to Jehovah to stop the demon. But the king’s will was broken, and so it did no good. â€Å"I sensed then that I might escape Solomon’s control altogether, and live free, but even the idiot king would eventually make the connection and my fate would lie in the netherworld. â€Å"I bade Solomon allow me to bring Catch to justice. I knew my power to be much greater than the demon’s. But Solomon had only the building of the temple by which to judge my powers, and in that example the demon appeared superior. ‘Do what you can,’ he said. ‘If you capture the demon, you may remain on Earth.’ â€Å"I found Catch in the great desert, wantonly slaughtering tribes of nomads. When I bound him with my magic, he protested that he had planned to return, for he was enslaved to Solomon by the invocation and could never really escape. He was only having a little sport with the humans, he said. To quiet him, I filled his mouth with sand for the journey back to Jerusalem. â€Å"When I brought Catch to Solomon, the king commanded me to devise a punishment to torment the demon, so that the people of Jerusalem might watch him suffer. I chained Catch to a giant stone outside the palace, then I created a huge bird of prey that swooped on the demon and tore at his liver, which grew back at once, for like the Djinn, the demon was immortal. â€Å"Solomon was pleased with my work. During my absence he had regained his senses somewhat, and thereby his will. I stood before the king awaiting my reward, feeling my powers wane as Solomon’s will returned. â€Å"‘I have promised that you shall never be returned to the netherworld, and you shall not,’ he said. ‘But this demon has put me off of immortals more than somewhat, and I do not wish that you be allowed to roam free. You shall be imprisoned in a jar and cast into the sea. Should the time come when you are set free to walk the Earth again, you shall have no power over the realm of man except as is commanded by my will, which shall be from now to the end of time the goodwill of all men. By this you shall be bound.’ â€Å"He had a jar fashioned from lead and marked it on all sides with a silver seal. Before he imprisoned me, Solomon promised that Catch would remain chained to the rock until his screams burned into the king’s soul – so that Solomon might never lose his will or his wisdom again. He said he would then send the demon back to hell and destroy the tablets with the invocations, as well as the great seal. He swore these things to me, as if he believed the fate of the demon meant something to me. I didn’t give a camel’s fart about Catch. Then he gave me a last command and sealed the jar. His soldiers cast the jar into the Red Sea. â€Å"For two thousand years I languished inside the jar, my only comfort a trickle of seawater that seeped in, which I drank with relish, for it tasted of freedom. â€Å"When the jar was finally pulled from the sea by a fisherman, and I was released, I cared nothing about Solomon or Catch, only about my freedom. I have lived as a man would live these last thousand years, bound by Solomon’s will. Of this Solomon spoke truly, but about the demon, he lied.† The little man paused and refilled his cup in the ocean. Augustus Brine was at a loss. It couldn’t possibly be true. There was nothing to corroborate the story. â€Å"Begging your pardon, Gian Hen Gian, but why is none of this told in the Bible?† â€Å"Editing,† the Djinn said. â€Å"But aren’t you confusing Greek myth with Christian myth? The birds eating the demon’s liver sounds an awful lot like the story of Prometheus.† â€Å"It was my idea. The Greeks were thieves, no better than Solomon.† Brine considered this for a moment. He was seeing evidence of the supernatural, wasn’t he? Wasn’t this little Arab drinking seawater as he watched, with no apparent ill effects? And even if some of it could be explained by hallucination, he was pretty sure that he hadn’t been the only one to see the strange blue swirls in the store this morning. What if for a moment – just a moment – he took the Arab’s outrageous story for the truth?†¦ â€Å"If this is true, then how do you know, after all this time, that Solomon lied to you? And why tell me about it?† â€Å"Because, Augustus Brine, I knew you would believe. And I know Solomon lied because I can feel the presence of the demon, Catch. And I’m sure that he has come to Pine Cove.† â€Å"Swell,† Brine said. 7 ARRIVAL Virgil Long backed out from under the hood of the Impala, wiped his hands on his coveralls, and scratched at his four-day growth of beard. He reminded Travis of a fat weasel with the mange. â€Å"So you’re thinking it’s the radiator?† Virgil asked. â€Å"It’s the radiator,† Travis said. â€Å"It might be the whole engine is gone. You were running pretty quiet when you drove in. Not a good sign. Do you have a charge card?† Virgil was unprecedented in his inability to diagnose specific engine problems. When he was dealing with tourists, his strategy was usually to start replacing things and keep replacing them until he solved the problem or reached the limit on the customer’s credit card, whichever came first. â€Å"It wasn’t running at all when I came in,† Travis protested. â€Å"And I don’t have a credit card. It’s the radiator, I promise.† â€Å"Now, son,† Virgil drawled, â€Å"I know you think you know what you’re talking about, but I got a certificate from the Ford factory there on the wall that says I’m a master mechanic.† Virgil pointed a fat finger toward the service station’s office. One wall was covered with framed certificates along with a poster of a nude woman sitting on the hood of a Corvette buffing her private parts with a scarf in order to sell motor oil. Virgil had purchased the Master Mechanic certificates from an outfit in New Hampshire: two for five dollars, six for ten dollars, fifteen for twenty. He had gone for the twenty-dollar package. Those who took the time to read the certificates were somewhat surprised to find out that Pine Cove’s only service station and car wash had its own factory-certified snowmobile mechanic. It had never snowed in Pine Cove. â€Å"This is a Chevy,† Travis said. â€Å"Got a certificate for those, too. You probably need new rings. The radiator’s just a symptom, like these broken headlights. You treat the symptom, the disease just gets worse.† Virgil had heard that on a doctor show once and liked the sound of it. â€Å"What will it cost to just fix the radiator?† Virgil stared deep into the grease spots on the garage floor, as if by reading their patterns and by some mystic mode of divination, petrolmancy perhaps, he would arrive at a price that would not alienate the dark young man but would still assure him an exorbitant hourly rate for his labor. â€Å"Hundred bucks.† It had a nice round ring to it. â€Å"Fine,† Travis said, â€Å"Fix it. When can I have it back?† Virgil consulted the grease spots again, then emerged with a good-ol’-boy smile. â€Å"How’s noon sound?† â€Å"Fine,† Travis said. â€Å"Is there a pool hall around here – and someplace I can get some breakfast?† â€Å"No pool hall. The Head of the Slug is open down the street. They got a couple of tables.† â€Å"And breakfast?† â€Å"Only thing open this end of town is H.P.’s, a block off Cypress, down from the Slug. But it’s a local’s joint.† â€Å"Is there a problem getting served?† â€Å"No. The menu might throw you for a bit. It – well, you’ll see.† Travis thanked the mechanic and started off in the direction of H.P.’s, the demon skulking along behind him. As they passed the self-serve car-wash stalls, Travis noticed a tall man of about thirty unloading plastic laundry baskets full of dirty dishes from the bed of an old Ford pickup. He seemed to be having trouble getting quarters to go into the coin box. Looking at him, Travis said: â€Å"You know, Catch, I’ll bet there’s a lot of incest in this town.† â€Å"Probably the only entertainment,† the demon agreed. The man in the car wash had activated the high-pressure nozzle and was sweeping it back and forth across the baskets of dishes. With each sweep he repeated, â€Å"Nobody lives like this. Nobody.† Some of the overspray caught on the wind and settled over Travis and Catch. For a moment the demon became visible in the spray. â€Å"I’m melt-ing,† Catch whined in perfect Wicked Witch of the West pitch. â€Å"Let’s go,† Travis said, moving quickly to avoid more spray. â€Å"We need a hundred bucks before noon.† JENNY In the two hours since Jenny Masterson had arrived at the cafe she had managed to drop a tray full of glasses, mix up the orders on three tables, fill the saltshakers with sugar and the sugar dispensers with salt, and pour hot coffee on the hands of two customers who had covered their cups to indicate that they’d had enough – a patently stupid gesture on their part, she thought. The worst of it was not that she normally performed her duties flawlessly, which she did. The worst of it was that everyone was so damned understanding about it. â€Å"You’re going through a rough time, honey, it’s okay.† â€Å"Divorce is always hard.† Their consolations ranged from â€Å"too bad you couldn’t work it out† to â€Å"he was a worthless drunk anyway, you’re better off without him.† She’d been separated from Robert exactly four days and everybody in Pine Cove knew about it. And they couldn’t just let it lie. Why didn’t they let her go through the process without running this cloying gauntlet of sympathy? It was as if she had a big red D sewed to her clothing, a signal to the townsfolk to close around her like a hungry amoeba. When the second tray of glasses hit the floor, she stood amid the shards trying to catch her breath and could not. She had to do something – scream, cry, pass out – but she just stood there, paralyzed, while the busboy cleaned up the glass. Two bony hands closed on her shoulders. She heard a voice in her ear that seemed to come from very far away. â€Å"You are having an anxiety attack, dear. It shall pass. Relax and breathe deeply.† She felt the hands gently leading her through the kitchen door to the office in the back. â€Å"Sit down and put your head between your knees.† She let herself be guided into a chair. Her mind went white, and her breath caught in her throat. A bony hand rubbed her back. â€Å"Breathe, Jennifer. I’ll not have you shuffling off this mortal coil in the middle of the breakfast shift.† In a moment her head cleared and she looked up to see Howard Phillips, the owner of H.P.’s, standing over her. He was a tall, skeletal man, who always wore a black suit and button shoes that had been fashionable a hundred years ago. Except for the dark depressions on his cheeks, Howard’s skin was as white as a carrion worm. Robert had once said that H.P. looked like the master of ceremonies at a chemotherapy funfest. Howard had been born and raised in Maine, yet when he spoke, he affected the accent of an erudite Londoner. â€Å"The prospect of change is a many-fanged beast, my dear. It is not, however, appropriate to pay fearful obeisance to that beast by cowering in the ruins of my stemware while you have orders up.† â€Å"I’m sorry, Howard. Robert called this morning. He sounded so helpless, pathetic.† â€Å"A tragedy, to be sure. Yet as we sit, ensconced in our grief, two perfectly healthy daily specials languish under the heat lamps metamorphosing into gelatinous invitations to botulism.† Jenny was relieved that in his own, cryptically charming way, Howard was not giving her sympathy but telling her to get off her ass and live her life. â€Å"I think I’m okay now. Thanks, Howard.† Jenny stood and wiped her eyes with a paper napkin she took from her apron. Then she went off to deliver her orders. Howard, having exhausted his compassion for the day, closed the door of his office and began working on the books. When Jenny returned to the floor, she found that the restaurant had cleared except for a few regular customers and a dark young man she didn’t recognize, who was standing by the PLEASE WAIT TO BE SEATED sign. At least he wouldn’t ask about Robert, thank God. It was a welcome relief. Not many tourists found H.P.’s. It was tucked in a tree-lined cul-de-sac off Cypress Street in a remodeled Victorian bungalow. The sign outside, small and tasteful, simply read, CAFE. Howard did not believe in advertising, and though he was an Anglophile at heart – loving all things British and feeling that they were somehow superior to their American counterparts – his restaurant displayed none of the ersatz British decor that might draw in the tourists. The cafe served simple food at fair prices. If the menu exhibited Howard Phillips’s eccentricity in style, it did not discourage the locals from eating at his place. Next to Brine’s Bait, Tackle, and Fine Wines, H.P.’s Cafe had the most loyal clientele in Pine Cove. â€Å"Smoking or nonsmoking?† Jenny asked the young man. He was very good-looking, but Jenny noticed this only in passing. She was conditioned by years of monogamy not to dwell on such things. â€Å"Nonsmoking,† he said. Jenny led him to a table in the back. Before he sat down, he pulled out the chair across from him, as if he were going to put his feet up. â€Å"Will someone be joining you?† Jenny asked, handing him a menu. He looked up at her as if he were seeing her for the first time. He stared into her eyes without saying a word. Embarrassed, Jenny looked down. â€Å"Today’s special is Eggs-Sothoth – a fiendishly toothsome amalgamation of scrumptious ingredients so delicious that the mere description of the palatable gestalt could drive one mad,† she said. â€Å"You’re joking?† â€Å"No. The owner insists that we memorize the daily specials verbatim.† The dark man kept staring at her. â€Å"What does all that mean?† he asked. â€Å"Scrambled eggs with ham and cheese and a side of toast.† â€Å"Why didn’t you just say that?† â€Å"The owner is a little eccentric. He believes that his daily specials may be the only thing keeping the Old Ones at bay.† â€Å"The Old Ones?† Jenny sighed. The nice thing about regular customers is she didn’t have to keep explaining Howard’s weird menu to them. This guy was obviously from out of town. But why did he have to keep staring at her like that? â€Å"It’s his religion or something. He believes that the world was once populated by another race. He calls them the Old Ones. For some reason they were banished from Earth, but he believes that they are trying to return and take over.† â€Å"You’re joking?† â€Å"Stop saying that. I’m not joking.† â€Å"I’m sorry.† He looked at the menu. â€Å"Okay, give me an Eggs-Sothoth with a side order of The Spuds of Madness.† â€Å"Would you like coffee?† â€Å"That would be great.† Jenny wrote out the ticket and turned to put the order in at the kitchen window. â€Å"Excuse me,† the man said. Jenny turned in midstep. â€Å"Yes?† â€Å"You have incredible eyes.† â€Å"Thanks.† She felt herself blush as she headed off to get his coffee. She wasn’t ready for this. She needed some sort of break between being married and being divorced. Divorce leave? They had pregnancy leave, didn’t they? When she returned with his coffee, she looked at him for the first time as a single woman might. He was handsome, in a sharp, dark sort of way. He looked younger than she was, twenty-three, maybe twenty-four. She was studying his clothes and trying to get a feel for what he did for a living when she ran into the chair he had pushed out from the table and spilled most of the coffee into the saucer. â€Å"God, I’m sorry.† â€Å"It’s okay,† he said. â€Å"Are you having a bad day?† â€Å"Getting worse by the minute. I’ll get you another cup.† â€Å"No,† he raised a hand in protest. â€Å"Its fine.† He took the cup and saucer from her, separated them, and poured the coffee back into the cup. â€Å"See, good as new. I don’t want to add to your bad day.† He was staring again. â€Å"No, you’re fine. I mean, I’m fine. Thanks.† She felt like a geek. She cursed Robert for causing all this. If he hadn’t†¦ No, it wasn’t Robert’s fault. She’d made the decision to end the marriage. â€Å"I’m Travis.† The man extended his hand. She took it, tentatively. â€Å"Jennifer-† She was about to tell him that she was married and that he was nice and all. â€Å"I’m not married,† she said. She immediately wanted to disappear into the kitchen and never come back. â€Å"Me either,† Travis said. â€Å"I’m new in town.† He didn’t seem to notice how awkward she was. â€Å"Look, Jennifer, I’m looking for an address and I wonder if you could tell me how to find it? Do you know how to get to Cheshire Street?† Jenny was relieved to be talking about anything but herself. She rattled off a series of streets and turns, landmarks and signs, that would lead Travis to Cheshire Street. When she finished, he just looked at her quizzically. â€Å"I’ll draw you a map,† she said. She took a pen from her apron, bent over the table, and began drawing on a napkin. Their faces were inches apart. â€Å"You’re very beautiful,† he said. She looked at him. She didn’t know whether to smile or scream. Not yet, she thought. I’m not ready. He didn’t wait for her to respond. â€Å"You remind me of someone I used to know.† â€Å"Thank you†¦Ã¢â‚¬  She tried to remember his name. â€Å"†¦Travis.† â€Å"Have dinner with me tonight?† She searched for an excuse. None came. She couldn’t use the one she had used for a decade – it wasn’t true anymore. And she hadn’t been alone long enough to brush up on some new lies. In fact, she felt that she was somehow being unfaithful to Robert just by talking to this guy. But she was a single woman. Finally she wrote her phone number under the map on the napkin and handed it to him. â€Å"My number’s on the bottom. Why don’t you call me tonight, around five, and we’ll take it from there, okay?† Travis folded the napkin and put it in his shirt pocket. â€Å"Until tonight,† he said. â€Å"Oh, spare me!† a gravely voice said. Jenny turned toward the voice, but there was only the empty chair. To Travis she said, â€Å"Did you hear that?† â€Å"Hear what?† Travis glared at the empty chair. â€Å"Nothing,† Jenny said, â€Å"I’m starting to go over the edge, I think.† â€Å"Relax,† Travis said. â€Å"I won’t bite you.† He shot a glance at the chair. â€Å"Your order is up. I’ll be right back.† She retrieved the food from the window and delivered it to Travis. While he ate, she stood behind the counter separating coffee filters for the lunch shift, occasionally looking up and smiling at the dark, young man, who paused between bites and smiled back. She was fine, just fine. She was a single woman and could do any damned thing she wanted to. She could go out with anyone she wanted to. She was young and attractive and she had just made her first date in ten years – sort of. Over all of her affirmations her fears flew up and perched like a murder of crows. It occurred to her that she didn’t have the slightest idea what she was going to wear. The freedom of single life had suddenly become a burden, a mixed blessing, herpes on the pope’s ring. Maybe she wouldn’t answer the phone when he called. Travis finished eating and paid his bill, leaving her far too large a tip. â€Å"See you tonight,† he said. â€Å"You bet.† She smiled. She watched him walk across the parking lot. He seemed to be talking to someone as he walked. Probably just singing. Guys did that right after they made a date, didn’t they? Maybe he was just a whacko? For the hundredth time that morning she resisted the urge to call Robert and tell him to come home. How to cite Practical Demonkeeping Chapter 5-7, Essay examples

Thursday, December 5, 2019

Company Accounting McCarthy’s Cafes Ltd

Question: Discusss about theCompany Accounting for McCarthys Cafes Ltd. Answer: To, Mary McCarthy Managing Director, McCarthys Cafes Ltd, Suite 6889, Level 18, Cafe Plaza Building, 685 Charles Street, Adelaide SA 5000 Respected Madam, At first I would like to thank you for asking us to assist you in the process of making decision regarding various relevant sources that would guide the accounting team of the firm McCarthys Cafes Ltd. It has been found that there are various problems that are related to the financial condition of the firm Piper, Pepper and Associates. In this regard, the computation of the depreciation and the asset valuation are considered as the significant issues that pose a threat to the particular business regarding its sustainability in the present competitive market. The financial statement preparation is based on the guidelines of accounting that are ubiquitous at the particular point of time (Leo, Hoggett Sweeting, 2012). Additionally, any other inconsistencies that exist in the present policies of accounting might be determined and might have an influence on the businesss various financial strategies. A detailed study of the financial condition of the firm is mandatory in order to determine the significant financial strategies for development of the business venture (Vanderhoof Altman, 2013). Moreover, the present market share and the type of industry to which the firm belongs to is considered a vital factor as these help the organization to develop various financial strategies based on the condition of both home and international market (Needles, Powers Crosson, 2013). The financial policies are required to prepare the policies of the business and it has been found that the particular firm had obtained a business segment of Karens Coffees Ltd for $950000. Nevertheless, the book value was recorded as $650000 for the total transaction. Therefore, this inequality in measuring the assets should be rectified in the annual reports of the firm in order to reflect the proper financial situation of the organization. It has been found that McCarthys Cafes Ltd proposes to bridge up this gap in the book as goodwill. However, the valuation of intangible properties (such as goodwill) should be treated in an accurate way in order to assess the relevant financial situation of the organization. Generally, intangible assets are considered as a vital component of financial policies (Singh, 2014). Therefore, these assets should be measured and accounted separately for the operational policies of the business. The economic value of properties for a particular period ha s to be assessed with the aim to measure the value of the intangible assets of the firm (Christensen, Baker Cottrell, 2014). In addition to this, the increase in the goodwill is not involved in the assets as it is stated in the AASB 138, in the paragraph 48 that the goodwill that has been generated internally should not be considered as the property in the financial statements. The valuation of the firm is measured on the basis of the condition of the external market environment, which includes spontaneous creation, volatility and the issues regarding re-enforcement and protection (Predko, 2015). Thus, business analysts play a vital role in an organization as he can relate the exchange between estate owners and gift tax purposes. On the basis of the financial condition of the firm, its marketing and operational policies are generally determined (Christensen, Glover Wood, 2013). Thus, business transactions are considered as goodwill and it has an influence on both the marketing and operational policies (Bierstaker, Janvrin Lowe, 2014). The intangible assets value should be evaluated in a proper way to evaluate the value of original assets accurately. It has been noted that intangible assets are mainly documented in the financial statements only if it brings economic advantages to the organization (Christensen, Glover Wood, 2013). As per AASB 116, paragraph 15, it can be said that any plant, property and equipment (PPE) that gets qualified for the recognition criteria of a property should be considered at its cost. On the other hand, AASB 116, paragraph 29 states that a business is eligible is to select either the revaluation model or cost model as the accounting policy and the whole class of PPE should be implemented with the policy. According to paragraph 36, PPE should be revalued and not just one asset. However, I am afraid that this gain might not be considered as the sales revenue. According to AASB 116, paragraph 39, the gain is not considered within the sales revenue. Additionally, if the carrying value of assets is increased due to revaluation, the increased amount is mentioned in the comprehensive income and is collected in equity under the revaluation surplus. The operational policies of business should be restructured to evaluate the various issues of an organization (Hribar, Kravet Wilson, 2014). On the other hand, the revised budget and profit and loss statement imply that it fall short by 10 to 15%. Thus the value of land should be revised to meet the present value of the firm. For bridging this gap, profits of the firm have been raised to $2500000. The revised budget will help the firm to allocate accurate costs for its operations and this will help to set organizational goals (Needles, Powers Crosson, 2013). For the particular firm, the assets and liabilities should be revaluated for assessing its pertinent value. The firms balance sheet and income statement should be prepared based on the recognition criteria of the Australian Accounting Standard Board (Messier, 2014). Therefore, internal auditing, which is considered as an efficient financial instrument should be implemented within the firm. This will help to prevent financial irregularities and will also abolish the wastage of financial resources. The firm should focus mainly on the development of effective forecasting policies for the firm (Hribar, Kravet Wilson, 2014). This will help to protect the business from any kind of financial crisis. The assessment of the depreciation on the machinery is a major problem as it damages the firms financial processes. The depreciation rate has been recorded as 2% in context of 20%, whereas, the rate of building depreciation is recorded as 0.5% instead of 5% in the books of accounts. It has been analyzed that the present rates of depreciations that are followed in the firm has been much lower than the original rate of depreciation that has been accepted by the firm (Needles, Powers Crosson, 2013). The depreciation on machinery is considered as an important part of the firms financial policies. Thus, the business has to opt one from the marketing strategies of business and accounting for depreciation. In order to assess the proper costs of depreciation, the firm can select any one among both the methods of depreciation straight line and written down method (Bierstaker, Janvrin Lowe, 2014). Therefore, it can be said that implication of proper financial policies helps a business to re move all its discrepancies from its operational policies. Moreover, the measurement method of the firm should be shifted to the method of fair value in order to assess the present market condition based on the present value of the assets. Treatment of errors: When any error is identified within the financial report, the most important thing is to assess the errors materiality prior to the treatment as the material errors are only needed to be adjusted in the earlier financial reports. As per the AASB 108, paragraph 5, an item is counted as a material, only if the misstatement of the particular item influences the decision making skills on the basis of the financial statements. The particular firm can also follow the guidelines that are provided in the AASB 108 in order to identify the materiality by comparing the pre-determined base amount with the error percentage. At the time, when this percentage is greater than 10%, error is counted as material and if it less than 5%, then it is considered as immaterial. On the basis of the errors nature, fair judgment should be applied in order to determine materiality. The journal entries are required to be structured in a proper way and should also be adjusted accordingly and accurately as this will help to diminish the gap in between the depreciations of various accounts (Hribar, Kravet Wilson, 2014). Additionally, by rectifying the journal entries, the adjustments in the books of accounts can also be done that help the firm to run in right direction. In case of computer systems, the life span has been miscalculated that resulted into financial inconsistencies. Therefore, the firm should e-calculate the life span of all the assets in order to get accurate and relevant data. On the basis of the provided information related to third issue, the error would result into an overstatement of property as an amount of accounts receivable, which should be significantly higher. For a material error, a retrospective restatement should be implemented for error of earlier period. However, if the retrospective adjustments are not applicable, then the changes should be done in future accurately. Thus, the organization should take some measures and should also develop some strategies both marketing and operational to decrease its discrepancies and to identify the depreciation amount of the assets (Needles, Powers Crosson, 2013). The additional amount at the end of three years should be replaced for developing accurate financial policies. Moreover, the transformation of the firm from proprietary to public company might also affect the financial and operational policies of the firm, along with these; legal complexities might also occur (Christensen, Glover Wood, 2013). Thus, adequate resources and time is required for running the business successfully (Bierstaker, Janvrin Lowe, 2014). Therefore, it can be said that the particular business organization McCarthys Cafes Ltd might require sufficient amount of financial resources in order to meet the working capital or the daily expenses for operating the business effectively and efficiently. Lastly, I would again like to thank you for asking help from our organization. We will look forward to continue working with your company. Regards Peter Senior Manager, Piper, Pepper and Associates 59889, George Street, Unley, SA 5061 References Bierstaker, J., Janvrin, D., Lowe, D. J. (2014). What factors influence auditors' use of computer-assisted audit techniques?.Advances in Accounting,30(1), 67-74. Christensen, B. E., Glover, S. M., Wood, D. A. (2013). Extreme estimation uncertainty and audit assurance.Current Issues in Auditing,7(1), P36-P42. Christensen, T. E., Baker, R. E., Cottrell, D. M. (2014).Advanced Financial Accounting. The McGraw-Hill Companies, Inc. Hribar, P., Kravet, T., Wilson, R. (2014). A new measure of accounting quality.Review of Accounting Studies,19(1), 506-538. Leo, K. J., Hoggett, J., Sweeting, J. (2012).Company Accounting, Google eBook. John Wiley Sons. Messier, W. F. (2014). An approach to learning risk-based auditing.Journal of Accounting Education,32(3), 276-287. Needles, B. E., Powers, M., Crosson, S. V. (2013).Principles of accounting. Cengage Learning. Predko, I. (2015). Accounting-and-Control Support for the Companies Activity in the Context of Crisis.Accounting and Finance, (4), 61-66. Singh, M. (2014). Simplifying Private Company Accounting Standards: Understanding the Costs.CFA Institute Magazine,25(3), 51-51. Vanderhoof, I. T., Altman, E. (Eds.). (2013).The fair value of insurance liabilities(Vol. 1). Springer Science Business Media.

Thursday, November 28, 2019

Escalation Report

Executive Summary One of the main causes of loss for businesses is the escalation of commitment to projects which are failing. It occurs when decision makers go on with a project even when there is adequate evidence and information which shows that investing more resources on the project will not change the tides and create value for the investment.Advertising We will write a custom report sample on Escalation specifically for you for only $16.05 $11/page Learn More A lot of time is wasted primarily because more time is spent on useless projects than is necessary. Getting insight on this subject is important for an aerospace organisation as it will assist in ensuring that the company identifies any such problems and deals with them effectively. This will save the company a lot of resources particularly in terms of time and money. This report aims to highlight the dangers of escalation and ways to manage these dangers. In addition, the causes of escalatio n and recommendations on how the company can best manage escalation are discussed. Introduction Escalation refers to persistence with a project or a certain course of action beyond a financially reasonable point. Some theorists claim that escalation is due to wrong decision-making (Bazerman 2004). Escalation is very costly to an organisation because large sums of money must be used to sustain these projects. The managers spend more money on past projects which have a small probability of success instead of starting new projects (Desai Chulkov 2008) According to theory, the main cause of escalation is self-justification whereby a manager wants to appear reasonable and capable of carrying out certain tasks. Another approach to this is the economic approach which claims that managers are rational in trying to protect their reputation in the company. (Brockner Rubin 1975). The objective of this report is to attempt to show the problems that can affect the aerospace defence company due to escalation and recommend suitable ways to deal with it. Definition of escalation The issue of escalation is a major issue in decision making in organizations. People become so committed to a certain project such that they are willing to continue pumping in loads of money even when it is clear that the project will never materialize. The escalation of commitment includes trying further actions that are deemed corrective which unfortunately only make the situation worse (Chell, 2001).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Research shows that decision makers prefer continuing to invest in a failing project because of financial commitments to these projects. It has been found that if a person invests a large sum of money and other resources in a project, he or she will allocate more resources to the project if he gets negative feedback. Conversely, if the feedback received is pos itive such for instance that the project will be a success, the funds allocation will be reduced (Armstrong, Coviello Safranek 1993). An example of escalation on an individual level includes investing in stocks which are clearly on a downward trend. Continuing in a job or relationship which is unfulfilling hoping that things will get better yet all signs show a miserable future is escalation. In the organisational level, escalation may occur when a business continues investing in a certain line of business even though past results are bad and there is uncertainty about the outcome of continued investment (Drummond 2001). Causes of escalation Organizational factors The desire for justification and presenting one self in a manner that is acceptable in the organization is one of the conditions leading to increased escalation in many organizations. For example, a marketing manager may continue marketing a new product yet there has been no response from the public in 1 year. Therefore, a decision maker may support a project until it succeeds so as to avoid negative feedback (Armstrong, Coviello Safranek 1993). If escalation has always been the norm, a new manager may be forced to continue with the trend or suffer opposition. Inertia and passivity by management concerning the progress of projects will certainly increase escalation. Company policies such as bureaucracy may increase escalation because decision-making is often slow and unilateral (Chell 2001). Psychological factors Psychological determinants cause a person to view a situation which is bad in a positive and optimistic way. Self-justification makes people want to prove to themselves that they can accomplish or succeed in a given task. A study done by Staw in 1976 established that people who were responsible for the initial investment decision are usually more committed to a project than the less responsible individuals. The study showed that people will spend more resources to justify a decision that w as made in the past. Another study by Bazerman, Goodman and Schoorman (1982) found that the measure of commitment that an individual has for a project is related to the perceived significance of that project (Ross Staw 1986). Escalation may also be reinforced if the actions taken by an individual are voluntary and were entered into by free choice. If the actions are public and are known to other people, an individual may continue on that line of action because he does not want to look incompetent or foolish. In addition, an activity that has been performed many times in the past would cause an individual to go on investing resources because of familiarity (Drummond 2001).Advertising We will write a custom report sample on Escalation specifically for you for only $16.05 $11/page Learn More Another psychological factor that enhances commitment and escalation is the fact that people tend to process information concerning a project in a different manner th at causes perseverance of beliefs. There is an inclination by the individual to search for, remember and interpret information in a way that sustains his or her belief in the eventual success of the project. For instance, a manager may receive a report stating that the business prospects are low but he or she will take this as a challenge (Arkes 1996). Social factors The desire to maintain credibility and not to suffer shame in the presence of other people may affect escalation. Managers may continue pursuing a falling project because they do not want to expose their mistakes to other people. Because companies evaluate the employees according to their ability to make sound choices, cases of escalation may increase as no employee wants to appear incompetent. Research shows that people who are in situations of job insecurity and resistance to policies are more likely to carry out escalation (Ross Staw 1986). Modelling and social norms are other social factors which have contributed t o escalation. A study done on modelling revealed that people are more likely to invest resources to projects which other people have ventured and succeeded in (Deming, 1986). The norm in society is to respect and approve of managers or decision makers who continued in a certain project until it succeeded. For instance, Henry Ford is widely respected for his persistence and tenacity which enabled his firm to develop a revolutionary engine (Ross Staw 1986). Economic factors The high costs of quitting a project may bring about escalation. The presence of sunk costs makes it very difficult for management to choose to abandon a project. Sunk costs are those expenses which the firm faces incrementally. This means that this is the period when the costs of the project are much more than the returns. These costs are accepted because the managers are anticipating that eventually business will peak and the initial costs will be recovered (Bazerman Watkins 2008). Decision-makers have to choos e between continuing with a project whose returns are much lower than the costs albeit a lot of uncertainty about the future (Wolf Northcraft 184). Paying compensation and penalties to subcontractors is very costly and this may deter managers from letting go of an unprofitable. An example is if contractors had been hired to build houses but it is realised after five months that there is low demand since the development is next to a cement factory. If the contractors are stopped from going one with the construction, they have to be paid a lot of money.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Low salvage value means that if the entire project is sold off, the amount of money that will be received will be much less than what was initially invested. Redundancy costs for employees who are affected by the closure of a project may be so high such that the decision makers decide to continue working on it until it becomes profitable (Wolf Northcraft 184). Dangers of escalation Escalation, although widely practised is very dangerous and may cause the destruction of a company. For example, the $500 million IT venture of the London stock exchange was as a result of consistent escalation which eventually become a waste of resources. Escalation wastes a lot of money on projects which will never be fruitful. If the resources spent on failing projects are very high such that the operations of the business are affected, then the firm will ultimately close down. (Drummond 1996) Opportunities are also lost when decision makers embark on escalation. The financial resources that are being spent on bad investments could have been used in a better way if they had been invested in projects whose returns are more than costs. The reputation of a decision maker who keeps on investing when it is obvious he or she is wasting money will be tarnished (Drummond 1996). Escalation in the defence sector The aerospace defence sector is not exempt from the problem of escalation. The defence sector is prone to escalation as due to the rapid expansion this industry. Aerospace defence manufacturers are under pressure to be innovative and adaptive to the ongoing technological advances. The huge sums of money that have to be invested in the aerospace defence sector could deter managers from halting projects. The model proposed by Keil and Montealegre (2001) is the best for an aerospace organisation in the defence sector. This model is in four phases i.e. problem recognition, re-examination of prior courses of action, selection of alternative courses of action and implementing the exit p lan. This model is appropriate because the defence sector is very volatile and financial investments are very high. Defence procurement can raise problems such as technical breakdown and escalation (Kenny 2006). Recommendations Reducing escalation can be done by reducing or eliminating the factors which are known to increase escalation. Reducing self-justification Self-justification produces a scenario whereby, the more the negative feedback received the more persistent the decision maker is concerning the failing project. Many managers deal with negative feedback by justifying their original course of action. A logical method of dealing with self-justification is to know that a decision made in the part is not necessarily a reflection of ones abilities or intelligence. An individual who is involved in decision-making should be assured of confidentiality to reduce his or her need for self-justification. The above measure will enable a person to withdraw from a certain line of busine ss with out suffering psychologically or socially (Simonson Staw 1992). Ensuring accurate decision-making The decisions made by managers are what determine the future and success of a company. Therefore, it is imperative that an organisation creates conditions that are conducive for decision making. Inadequate and unreliable information was found to be a leading cause of escalation as managers did not have enough information to make sound decisions (Allison 1971). It is important to make information about costs and the rate of return on investments easily available and accessible. This is likely to reduce the tendency for decision makers to focus on projects that will never give the expected financial returns. When adequate economic facts are available, it is unlikely that decision makers will make wrong choices (Simonson Staw 1992). Self diagnosing and accountability In order to reduce escalation, managers in the firm should embark on self-diagnosing which involves examining one self in relation to a given task. This will assist in gauging ones ability to meet the requirements of the project. Accountability in the organisation is whereby an individual has to justify his or her actions to others. It can be beneficial to an organization as it will foster good decision making due thus reducing escalation (Simonson Staw 1992). Conclusion The firm should examine itself to ensure that there are no cases of escalation. If there is escalation, the projects which are being invested in should be abandoned. In addition, it is important that the decision making process be sound so as to prevent escalation. It would be advisable to give decision-making powers to a group of people such as a board of directors instead of to an individual. This will bring about control and better decisions will be made due to brainstorming. Since self-justification is one of the main causes of escalation, it is important to ensure that the identity of decision makers remains confidential. This may create more motivation or morale for the managers. Self-justification and improved decision-making are the best measures as research has proved that they are most effective (Drummond 1996). Reference List Allison, G.T., 1971. Essence of Decision: Explaining the Cuban Missile Crisis, Little, Brown and Co., Boston. Arkes, H. R., 1996. ‘The psychology of waste,’ Journal of Behavioural Decision Making, vol. 9, pp. 213-214. Armstrong, S., Coviello, N. Safranek, B., 1993. ‘Escalation Bias: Does It Extend to Marketing?’ Journal of the Academy of Marketing Science, vol. 21, no. 3, pp. 247-253. Barbalet, J.M., 1985. ‘Power and resistance’, British Journal of Sociology, Vol. 36, pp. 521-48. Bazerman, M. H. and Watkins, M. D., 2008. Predictable Surprises, Harvard Business, Harvard University. Bazerman, M. H., 2004. Judgment in Managerial Decision-Making: Chichester, Wiley. Bazerman, M.H., Beekun, R.I. and Schoorman, F.D., 1982 ‘Performanc e evaluation in a dynamic context: the impact of a prior commitment to the ratee’, Journal of Applied Psychology, Vol. 67, pp. 873-76. Becker, H.S., 1960. â€Å"Notes on the concept of commitment†, American Journal of Sociology, Vol. 66, pp. 32-40. Brockner, J., Shaw, M. C., Rubin, J. Z. 1979, ‘Factors affecting withdrawal from an escalative conflict: Quitting before it’s too late.’ Journal of Experimental Social Psychology, vol. 15, pp. 492-503. Burrell, G. and Morgan, G., 1979. Sociological Paradigms and Organizational Analysis, University of Chicago Press, Chicago. Chell, E. 2001. Entrepreneurship: globalization, innovation and development. London: Cengage Learning. Deming, W.E., 1986. Out of the Crisis, Cambridge University Press, Cambridge. Drummond, H., 1991. ‘Are good leaders decisive?’ Management Decision, vol. 29, pp. 4-9. Drummond, H., 1996 ‘Riding a tiger,’ Management Decision, vol. 30, pp. 29-33. Drummond, H.,1 996. Escalation in Decision Making: the Tragedy of Taurus, Oxford, Oxford University. Drummond, H., 2001. The Art of Decision-Making, Chichester, Wiley. Lopez, L.L., 1981 ‘Decision making in the short run’, Journal of Experimental Psychology, Vol. 7, pp. 377-85. Monteaglre, R. and Keil, M., 2000. ‘De-escalating information technology projects: lessons from the Denver international airport.’ MIS Quarterly, vol. 24, pp. 417-447. Northcraft, G. and Wolf, G., 1984. Dollars sense and sunk costs: a life cycle model of resource allocation decisions’, Academy of Management Review, vol. 9. No. 2, pp. 225-234. Rubin, J.Z. and Brockner, J., 1975 â€Å"Factors affecting entrapment in waiting situations: the Rosencrantz and Guildenstein effect†, Journal of Personality and Social Psychology, Vol. 31, pp. 1054-1063. Simonson, I., and Staw, B. M., 1992. ‘Decision strategies, a comparison of techniques for reducing commitment to losing courses of action, ’ Journal of Applied Psychology, vol. 77, pp. 419-426. Staw, B., Ross, J., 1986. ‘Expo 86: An Escalation Prototype.’ Administrative Science Quarterly, vol. 31, pp. 274-297. Staw, B. M. and Ross, J., 1987. ‘Knowing when to pull the plug,’ Harvard Business Review, 65, March/April 68-74. Staw, B.M. and Ross, J., 1987. ‘Behavior in escalation situations: antecedents, prototypes and solutions,’ Research in Organization Behavior, vol. 9, pp. 39-78. This report on Escalation was written and submitted by user Namor to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Sunday, November 24, 2019

Sleeping Dogs essays

Sleeping Dogs essays Power in the novel Sleeping Dogs, by Sonya Hartnett, is used in different ways to affect another character. The characters relationships with eachother are viewed by the construction of their interaction, which reflects their values and attitudes. The novel expresses power through manipulation, abuse, neglect, knowledge and monotony. From these uses there comes consequences which left me discontent. The portrayal of characters and their relationships with eachother are impacted by the way power has been used to affect each of them. The character Michelle is construted to use manipulation as a power to increase her status in the novel. This is to show that she feels more significant than the other characters in the novel. (121-122) Griffin confronts Michelle about her and her brother Jordans intimate relationship. She manipulates Jordan by telling Griffin this lie which leads to the death of Jordan. Through this result the writer suggests that manipulation is used as a power to create the character Michelle with a higher status in the novel, Michelle is portrayed to the reader as a spoilt brat, while I seem to take the writers point of view of this character. Griffin, in the novel, is constructed to use physical abuse as a type of power. He does this to relieve his anger, so he lashes out at his own son Jordan whilst drunk. (92-93) Griffin goes into Jordans bedroom drunk and bashes him up. The power Griffin has over Jordan is extreme. Even though Jordan is a grown man he still doesnt leave due to not being allowed back into the family. I found that the way Sonya Hartnett expressed this part of the novel very well. She used imagery to get a response from the reader in a certain way. This left me discontent of the character Griffin. The character Grace uses neglect towards her children, but even more so towards her daughter Michelle. The writer suggests that Grace is inactive. This is through her not really ...

Thursday, November 21, 2019

Entrepreneurial Decision Making Research Paper Example | Topics and Well Written Essays - 500 words

Entrepreneurial Decision Making - Research Paper Example hought entails critical analysis of each of the available choices; analyzing both the long-term and short-term costs and benefits of every option, and deciding on the most suitable one. Since the decisions made are very critical and determines whether a business stands or collapses, it is necessary for entrepreneurs not to be hasty in the process. There should be a systematic procedure to be adhered to in the course of decision making. According to Entrepreneurshipatease.com (2010), there are four steps for quality decision making: alternatives, consequences, information and plan. In decision making there are varieties of alternatives, which the entrepreneurs may choose from. The main aim of a business is profit maximization and capital growth. An entrepreneur has to do proper calculations to ensure the realization of these key goals. It requires in-depth reasoning to choose wisely from the available alternatives or options. Sabrina (2011) documents two methods of reasoning that an entrepreneur can adopt in the process of decision making; traditional and effectual. Traditional reasoning involves setting goals and working diligently towards meeting them while effectual reasoning involves creating effect through evaluating how to use one’s strengths and resources in for entrepreneurial decision making (Sabrina 2011). Information is power; an entrepreneur should have adequate and extensive information about the available alternatives to enable settling on the best choice. In the course of decision making, plans should be underway to ensure that any eventuality is tactfully dealt with. Each choice made is prone to costs and benefits. The entrepreneur must conduct a cost and benefit analysis to settle on choice with overwhelming benefits. It does not necessarily mean that if an entrepreneurial decision has numerous benefits, then it has no consequences. Consequences often exist,