Monday, March 16, 2020
How To Be Productive When Youââ¬â¢re Unemployed
How To Be Productive When Youââ¬â¢re Unemployed Being unemployed can be a scary thing. The freedom to sleep in and watch television is great, but the lack of financial security can be panic-inducing. No matter whether you quit or were laid off, here are some strategies for how to make the most of your transition time. 1. Dig DeepThe first key is to understand what went wrong at your last job. Be as honest with yourself as possible. Was it the job, or was it you? Whether you left of your own accord or not, think about why you had to leave without a back-up plan in place, and what you can do to prevent such a situation in the future. This will help you clarify what you want most now, and how to get there and stay put. It will also help you understand your self better- from your unchallenged strengths to your unfortunate habits. Take a little time for stock-taking, soul-searching, and self-improvement.2. Find Your PassionWhat do you want to be when you grow up? What kind of work appeals to you and why? Where do you see yourself in fi ve years? What are you doing on a daily basis? What kind of company do you work for? Finding the answers to the questions of what drives you will only help you find a workplace that will keep you motivated and inspired.3. Prepare to ApplySpruce up your resume, check in with your network, jazz up your profiles, and keep up in the latest research and trends in your chosen field. Donââ¬â¢t get caught with a job application on your hands and nothing to show for your time off. Narrow your search platform, select the handful of companies you want to be working for, and start charging forward.4. Get a Temp GigIf you need cash, join a temp agency. Itââ¬â¢s not a permanent solution, but sometimes it can lead to one. And besides, youââ¬â¢ll make a little extra money and stay in the game. You can also find online freelance work and stay afloat by working remotely.5. Do Something ElseUse your time to volunteer, or take a course, or learn a new skill. You may never have time like this a gain in your career. Use it wisely and youââ¬â¢ll be in a much better position when you meet your next opportunity.6. Be PatientFinding a job doesnââ¬â¢t happen overnight. Keep track of your progress, however incremental. Celebrate the small victories, the little tasks completed, and the new contacts made. Plan out your daily and weekly goals and chart your progress. Even if it feels like nothing is happening, youââ¬â¢ll still be able to see what youââ¬â¢ve accomplished.7. Be Good to YourselfSelf care is important. Make sure youââ¬â¢re being healthy- eating right, getting plenty of sleep, and exercising. Give yourself a wellness makeover. Youââ¬â¢ll be that much more attractive to prospective employers when the time comes if you do. But also take some time to pamper yourself- indulge your hobbies and interests. Get a bit of joy under your belt. Do something each day that makes you feel good, that flexes your happiness muscle, so to speak.8. Keep to a SchedulePerhap s the most important bit of advice is to make sure you donââ¬â¢t fall victim to the amorphous lack of structure in an unemployed day. Make a daily schedule (when you research, job search, exercise, relax) and stick to it. This will help you build better habits- and keep them. And will keep your teeth sharp and workforce ready for when the time comes to rejoin the race.
Saturday, February 29, 2020
Business Economics for Sustainable Living
Sustainability has some main pillars or rather aspects and these aspects were identified in the year 2005 during the world summit on social development. These aspects contribute to the social science and philosophy of sustainable development. These aspects have formed the backbone of dealing with the main areas that the world focuses on. As described by Brundtland mission, sustainability is a development aspect which meets the present needs with no promise of the future generationsââ¬â¢ abilities in meeting their needs (Holden and Linnerud, p 175). Therefore the future has to be considered while making present decisions. The main two aspects include economic development ad environment aspects. Most people have had disagreements based on political ideologies regarding what is and is not economically sound. It has thus proven to be very problematic. The manner in which this aspect affects business, jobs and employability is also still a debatable issue. Economic development mostly deals with the process of how business incentives are provided in situations where such businesses and other organizations are supposed to adhere to the sustainable guidelines that are found beyond their normal requirements for legislation (Ellis and Moarif, p 11). This aspect also encourages and fosters incentives for an average person in which they are able to do their activities to the much they can. Itââ¬â¢s seen that an individual may not achieve as much as a group would have because for some effects to be felt they have to be cumulative. The consumer nature of the supply and demand market has made the need for many resources in the modern life to be very high on a daily basis. From the environmental aspect what matters most is how we get whatever that needs to be consumed. Therefore if people are given whatever they want with no promise to the quality of life then this is referred to as economic development. This is more relevant in the developing countries where reduction in the financial burden and the ââ¬Ëred tapeââ¬â¢ of doing things right is still a big issue to deal with (Chan and Lee, p 249). For economic sustainability to be felt the human munity in the globe should be able to sustain their independence and gain access to the required resources as well as finances so as to meet their needs with ease. The systems of economy ought to be intact and all the activities be made available to everyone for instance their needs to be sources of livelihood that are secure enough. The economic sustainability is involved with ensuring that businesses in place are able to make profits and their operations do not in any way create environmental and social issues which are likely to harm the success of the business which may be envisioned to be long-term.à If any nation focuses on environmental and social issues the profitability of the economy will definitely flow. This is because most of the social initiatives tend to have a great impact on the behaviors of modity consumers as well as the performance of employees (Perrini, Russo and Tencati, p 291). On the other hand environmental initiatives like efficiency in energy supply and mitigation of pollution has a direct impact on waste reduction creating a good environment for the economy. Most people know what they need to do to protect the environment and especially from pollution. However the small things that have been neglected are some of key contributors to environmental pollution and thus loss in terms of sustainability. Such things like recycling, reduction in power consumption through switching off power when not in use, walking some short distances as opposed to using vehicles if assumed can lead to great environmental destruction. There are regulations for businesses in which they are supposed to keep the carbon emissions low as well as prevent pollution. Incentives exists which promote projects for installing power sources that are renewable in businesses and homes. This aspect is thus the main concern regarding the future of humanity (Dempsey, p 257). This aspect offers definition on how the environment should be protected and a lot of focus is placed on elements that seem to stress the environment. Itââ¬â¢s concerned with how technology can be used to drive a future that is green. The developments that focus on biotechnology and technology are important to attaining environmental sustainability and thus protect the future environment from any damage that may be caused by technological advances (UNPF, p 7). To attain environmental sustainability ecological integrity has to be maintained. The earthââ¬â¢s environmental systems need to be kept in balance and the natural resources in the environment need to be consumed by human beings at a rate in which they can replenish themselves. The systems and activities in place should also be able to reduce the impact of the environment on the environment. When it es to the resources that are renewable the rate at which they are harvested is not supposed to exceed the rate at which they regenerate back (Maslow, p 58). In relation to pollution the rate at which wastes are generated from the ongoing projects should not go beyond the capacity for assimilation by the environment. In case of the nonrenewable resources their depletion requires the development of substitutes that are renewable. Such goals include zero waste by the organization, reduction in the use of plastic bags and ing up with initiatives that reduce carbon footprint through management of energy consumption (Ebner, p 8). Some organizations like Nestle have identified the main priority areas regarding environmental sustainability such as agricultural raw materials, water, packaging that is specific to their beverages and food and manufacturing and distribution. In relation to energy use Verizon pany has initiatives that aim at environmental sustainability like the recycling of tel equipment and reduction in energy use through provision of flexible working conditions at work, it has also worked on reducingà intensity in carbon and getting some more efficient solutions to its fleet that is eco-friendly (Jackson, P 21). Therefore this environmental aspect aims at acknowledging the necessity o f enhancing and maintaining the biophysical systems which sustain life with a focus on the natural ecosystem structure and the interactions which exist among them. Innovative ideas have contributed a lot when it es to ensuring sustainability is achieved in different sectors such as environment, economic sector and even the social sector. Such innovations include; innovation from new light technologies have invented air carbon which is a plastic material that is carbon neutral produced from greenhouse gases such as methane (Eurostat P 15). This is used in the packaging and furniture industries in which it matches oil based plastics both in performance and price. This innovation has helped solve the issue of non biodegradable nature of plastic bags. High energy savings have also been archived by the use of view intelligent window. This window regulates the light and temperature of the room in which itââ¬â¢s used. Itââ¬â¢s been mainly designed for mercial buildings so as to eliminate the need for shades and blinds. Outerwall pany has recently introduced outerwallecoATM which is a network of recycling kiosks that are automated for the tech products (Jacobs P 36). Customers can easily follow simple steps and be able to recycle old tablets and phones and any other electronics and receive cash in exchange. Powwow energy is an innovation in which unnecessary losses of resources especially water are prevented. The powwow energy detects any water leaks from an irrigation system that is used in agriculture and informs the farmers immediately for repair. The Retroficiency software is designed to fight losses of energy in buildings. The data sets are used by Retroficiency to make suggestions on energy saving ideas for both businesses and homes. It works on the bination of both energy analytics and the models of buildings with the use of data that they get from the already existing energy audits to give out ideas relating to energy saving. The BioTrans system is used in restaurants where itââ¬â¢s installed to collect and grind any leftovers into a biomass that is homogenous (Jenks and Dempsey, P 175). There has been the invention of DessoThe AirMaster a form of carpet which is used to capture pollutant particles and fine dust from rooms thus providing healthier indoor climates. Itââ¬â¢s made of recycled carpets and proves to be better than the hardwood flooring when related to prevention of allergies. From the discussion above its evident that sustainability is not just matters environment but in the many definitions of sustainability we are able to find the concerns about social equity and the development of the economy. Itââ¬â¢s in this regard that the motivations behind sustainability are in most cases diverse, plex and personal. It is almost unrealistic for one to e up with a list as to why many people are working hard to achieve this goal. Thus sustainability in most cases boils down to the future the current generation is leaving for the next generation. These aspects of sustainability are therefore shared by many people who aim at demonstrating their importance in developing many policies. Itââ¬â¢s therefore the duty of the people in todayââ¬â¢s generation along with those of the future to create solutions that are adaptable and aim at fostering sustainability. When a pany chooses to define sustainability with the two aspects in mind then itââ¬â¢s easier to determine its own successful road that is sustainable. If any one of the aspects is weak or given less attention then the whole system of an organization may b e unsustainable since they are both interlinked.à Chan E, and Lee GKL. 2008. Critical factors for improving social sustainability of urban renewal projects. Social Indicators Research 85: 243ââ¬â256. Dempsey N. 2008b. Quality of the built environment in urban neighbourhoods. Planning Practice and Research 23: 249ââ¬â264. Ebner D. 2008. Assessing Corporate Social Responsibility in Industrial Firms: the CSR-Assessment. Pg 8. Montanuniversità ¤t Leoben Ellis, J. and Moarif, S., 2009. GHG mitigation actions: MRV issues and options. Draft for review. OECD/IEA Project for the Annex I Expert Group on the UNFCCC, Paris.pg 5-15 Eurostat, 2009. Measuring progress towards a more sustainable Europe. 2009 monitoring report of the EU sustainable development strategy. Pg 13-19. Office for Official Publications of the European munities, Luxembourg. Holden E, and Linnerud K. 2007. The sustainable development area: satisfying basic needs and safeguarding ecological sustainability. Sustainable Development 15: 174ââ¬â185. Jackson, T., 2009. Prosperity without growth? Transition to a sustainable economy. Sustainable Development mission, London p 21. Jacobs M. 1999. Sustainable development as a contested concept. In Fairness and Futurity: Essays on Environmental Sustainability and Social Justice, Dobson A (ed.). Oxford University Press: Oxford; 21ââ¬â45. Jenks M and Dempsey N. 2007. Defining the neighbourhood: challenges for empirical research. Town Planning Review 78: 153ââ¬â177. Maslow, H.A., 1968. Toward Psychology of Being, 3rd Edition 1999. John Wiley and Sons, New York. Pg 55-61. Perrini F, Russo A and Tencati A. 2007. CSR strategies of SMEs and large fi rms. Evidence from Italy. Journal of Business Ethics 74(3): 285ââ¬â300. UNPF (United Nations Population Fund). 2007. State of World Population 2007: Unleashing the Potential of Urban Growth. UNFPA: New York. Pg 4-10.Ã
Thursday, February 13, 2020
Music On Radio and Television Essay Example | Topics and Well Written Essays - 750 words
Music On Radio and Television - Essay Example Finally, the more remarked developments ensued through the presentation of drama programs, comedies, and other shows that manifested the creation of musical themes or scores to reinforce public awareness. From among the pioneers in using musical theme was the program The Lone Ranger enabling listeners to recognize the show upon hearing the background music. As the article also revealed, the creation of musical themes were expanded to the television medium whose popularity was clearly identified in the 1950s to the 1960s. Most of the musical themes are recognizable even in contemporary times such as the theme from The Twilight Zone, The Addams Family, from among those noted. Other popular theme songs broadcasted on the television were those of Hawaii Five-O, Mission Impossible, and a lot more. During the four year span, from 1952 to 1956, the television popularized showcasing rock and roll music from the program American Bandstand, and rating musical programs where teenagers danced to pre-recorded popular music of the time. Similar formats of shows were created during the 1960s (Hootenanny), focusing on folk music; in the 1970s (Soul Train) where rhythm and blues, and soul music were popularized. Finally, the origin of MTV or Music Television was identified in 1981 that initially started on a music only format and have slowly evolved and developed through the years. The contents of the article presented the significance of both radio and television, as broadcast media, were tremendous in rapidly increasing the number of audience who could appreciate music on a wider scale, and at cheaper costs, compared to other music media. Previous generationââ¬â¢s holding musical concerts and operas held on grand concert halls could only be heard, appreciated and afforded by a few who are financially well off. Thanks to the popularity of both radio and television, more people were able to access music in various formats and styles. These two mediums were instrumental in en hancing the popularity of music in far more audiences of a wider geographic and demographic scale (various ages, gender, races, income group). The idea that brought concerts to the listening public through the radios was profoundly beneficial to share the beauty of hearing musical compositions of various artists from past generations. The benefits were felt in terms of providing inspiration to other people with musical inclinations to learn music and to be future composers, singers, and musicians with stirred talents that can be honed to play various musical instruments. The shows from the television were musical scores and themes were created (which actually started from radio programs) have been expanded to the movies, where until now, major award giving bodies learned to appreciate and acknowledge those that created exemplary and outstanding musical renditions in the most original styles and forms. The MTVs in contemporary shows and programs continue to showcase diverse musical t alents, not only in terms of their ability to compose innovative and popular songs; but more so, to show creativity and ingenuity in creation and development of original compositions from popular artists.
Saturday, February 1, 2020
Even though getting news from Facebook is quick and easy, newspapers Research Paper
Even though getting news from Facebook is quick and easy, newspapers are more accurate - Research Paper Example Sensationalism in newsprint and on television is often blamed for the actions of, not only individuals, but entire nations and governments.â⬠(joseph p.33) The most invaluable indicator used to evaluate the quality of news information is imbibed in its aptitude to actuate and appreciate the genuine motives bolstering events, occurrences and news items. With the current information backlog, dispensing of quality information involves understanding rather than exposing, giving explanations rather than mere reporting about facts, of which are already in the public domain through social media. It is with this that newspaper articles reign supreme in not only relaying accurate information but which is well researched. They therefore come in as a necessity in modern life. Reading newspapers comes with a myriad of advantages over utilizing Facebook and social media. Firstly newspapers ensure that we are up to speed with the current world affairs. They provide news which extends from our door step to the village, town, country and the globe with unchallenged professionalism. It stretches our knowledge base beyond the limit guaranteeing a feeling of owning the world. Through liaising with various news agencies newspapers remain in touch with different parts of the world. On the other hand information on Facebook in basically based on the administrators discretion. The administrator of a certain group chooses steamy topics to boost the groupââ¬â¢s following based on their desires which pre-disposes those who rely on such information to erroneous info. ââ¬Å"Why has elegance found so little following? That is the reality of it. Elegance has the disadvantage, if thats what it is, that hard work is needed to achieve it and a good education to appreciate itâ⬠à (Hargitai p.4) A lot of information is passed across through newspapers. This extends to courtroom decisions. News on commerce is published for capitalist, Cinema, Radio and television lovers can look up in them for the
Friday, January 24, 2020
Angel And Tess :: essays research papers
Angel and Tess: A Romance Fit For the Books? Romeo and Juliet, Antony and Cleopatra, Napolean and Josephine. Throughout society's entire existence, we have known almost innately that these couples belong together, and yet fate intervened to deal their relationship a tragic blow. Yet readers persist on viewing these couples as the most passionate of all times. What makes them so unique? What makes them so compatible? What makes everyone see them as half of a whole instead of two? These couples proved to society that they belonged together, no matter what circumstances they faced . They possessed True Love, the rare gift that makes a relationship last, amidst outer turmoil. In the novel, Tess of the D'Ubervilles, by Thomas Hardy, another literary couple is portrayed. Tess Durbeyfield and Angel Clare appear to be in such an invincible love. The audience believes that they could have a happy life together as a unified couple, but, here too, fate intervenes and Tess is killed. However, the question remains in readers' minds: Wo uld Tess and Angelââ¬â¢s relationship reached the level of perfection in these examples had Tess remained alive? Would their relationship have been successful? There are several factors that can define a successful relationship. In order for a relationship to be worthwhile, the relationship must possess mutual love, respect, and trust, characterized by similar backgrounds, harmonious personalities , and compatibility. Tess and Angelââ¬â¢s love could not have survived for long, because they did not possess these things. Their differences made it too difficult for them to be compatible for long. They had different pasts, different personalities, and different goals and aspirations that prevented true love. Tess Durbeyfield has a difficult past, and it impacts who she grows up to be; her past is always a part of her, a perpetual learning experience. Though she spends some years away from home, Tess's personality is still influenced by her humble beginnings, making it impossible for Angel to fully understand her, because his own childhood was relatively easy compared to Tess's. Tess bears most of the burden in her family. The responsibility of the family's welfare is solely on Tess's shoulders. Her parents, immature and impractical, unwittingly force her to care single-handedly for the family. Her mother even says, "The lady must be our relation, and my projick is to send Tess to claim kin." (21) Joan Durbeyfield wants to take the easy way out and inherit the D'Uberville fortune.
Wednesday, January 15, 2020
African Americans in the Reconstruction Era Essay
The Reconstruction era was put into effect by Congress in 1866 and lasted until 1877. Reconstruction was aimed at reorganizing the Southern states after the Civil War. The reconstruction plan granted the means for readmitting the southern states into the Union, and tried to come up with the methods by which whites and blacks could live together in a non-slave society. Americaââ¬â¢s position as a country was established on principles of freedom but those beliefs were weakened by slavery. At the end of the Civil War, many blacks felt that they were entitled to start collecting the benefits that had been denied for so many years. Being able to vote, own land and have a voice in political affairs were all goals that they believed were reachable. The white, however, saw reconstruction as an embarrassing, revengeful annoyance and did not welcome it. Reconstruction was meant to give the blacks a chance for a new and better life. Many of the African Americans stayed with their old masters after being freed, while others left in search of opportunities through education and land ownership. The Southern white conservatives did not want blacks to own property, have political power, or have the right to vote in elections. In addition, the whites strongly believed that they were superior, and they worked hard to make sure legal limitations were in place to prevent the blacks from gaining any type of equality or power. President Johnsonââ¬â¢s reconstruction plan included the black codes, which stated that the African-Americans were required to have a curfew and carry identification on their persons at all time. These regulations also bound the ââ¬Ëfreedmenââ¬â¢ to their plantations. The freed slaves merely wanted the opportunity to continue the family-based shared work methods contrary to having to accept the individual piecework structure. Former slaves wanted to be able to continue to live on the land their ancestors had farmed. African americanââ¬â¢s lives were improved in many ways during the era of Reconstruction; one way their lives were enhanced was the establishment of the Freedmenââ¬â¢s Bureau. The Freedmenââ¬â¢s Bureau was an organization developed by Congress that assisted African-Americans to acquire an education and provided necessities of life such as food and clothing. It was important for African-Americans to become educated, because it would prevent them from being dominated by white supremacists and helped them obtain well-suited jobs. During the years after the war, white teachers who were mostly from the North, missionary organizations, churches and schools worked hard to give the emancipated population the opportunity to learn. Former slaves of every age took advantage of the opportunity to become literate. Grandfathers and their grandchildren sat together in classrooms seeking to obtain the tools of k to gain their freedom. During Reconstruction, blacks were often seen not heard. It was usually the white manââ¬â¢s word over the black manââ¬â¢s word. Even if there was a crowd of people that saw what happened, unless they were black, the people sided with the white man. However, when the situation involved a white man getting hurt or killed for supporting the black community, thatââ¬â¢s when the government stepped in to put an end to it thus leading to the Civil R A of 1875. Many regulations were passed to help blacks during this period. The Civil Rights Act of 1875 prohibited segregation in public facilities and various government amendments, which gave African-Americans even more guaranteed rights. With government guidelines, the newly dubbed freedmen were still discriminated against by most people and were soon to be segregated once again under government decisions. The Reconstruction, although short-lived, showed the first real attempts of inclusive freedom for African-Americans. Gains were taking place, for instance, in citizenship, voting, education and politics. Consequently, the failure of Johnsonââ¬â¢s reconstruction caused the Congress to propose its own plan, the 14th Amendment. The Amendment was designed to prohibit state governments from restricting the rights of former slaves after the Civil War. However, it had been used to grant all the personal liberties and rights conveyed in the Bill of Rights. Among other things, this prohibited ex-Confederate leaders from holding political office, and also gave the freedmen their citizenship. The rejection of the 14th Amendment paved the way for the Reconstruction Act of 1867; this dismantled all Southern governments and launched military control over the South. The Reconstruction Act guaranteed freedmen the right to vote under new state constitutions and required the Southern states to approve the 14th A With the addition of African American votes in the southern elections and the help of ââ¬Å"Carpetà Baggersâ⬠and ââ¬Å"Scalawags,â⬠the Republican Party gained almost complete control over the South. Throughout this time, the ranking of freedman was significantly increased, and by 1868; many state legislatures had African American delegates. All of America, as well as the South, had to be rebuilt, and, despite the Southââ¬â¢s hostile resistance, African-Americans were slowly and gradually becoming part of this nation. The long-awaited citizenship for Blacks was confirmed in 1868, by the 14th Amendment to the Constitution. By 1870, the 15th Amendment had been added to the Constitution, which gave blacks the right to vote. The 15th Amendment forbids the states from denying the right to vote to any person on account of race, color, or previous condition of servitude. Whites both wealthy and poverty-stricken were ruthlessly and completely against the emancipation. The poor people feared the competition in the labor force, and the rich encouraged an attitude to keeping a strong separation in the blacks and the whites. In the early years after the Reconstruction started, there was some violence towards blacks. As the years went on the violence increased, and Terrorist groups were formed. One such group known as the Ku Klux Klan better known as the KKK, surfaced to torment and commit violent acts against blacks and strong white Republicans. Because of the ratification of the 13th Amendment ending slavery in the south, the KKK emerged with a cause that has yet to be put to restâ⬠¦the rise of white power. The KKK was formed mostly to restore slavery to America and to reinstate the Caucasian race as the most superior race in the world. A former Confederate general and Freemason, Nathan Bedford Forrest, founded the KKK in 1866 because Negroes were being allowed to enter the brotherhood of freemasonry. He held this office while he was simultaneously Sovereign Grand Commander of Scottish rite, Freemasons, and Southern Jurisdiction. Members of the KKK were very violent and used harsh actions to get their point across, but their actions were supported by their strong belief in their religion and the culture in which they were brought up in. The KKK did things based on what they believed according to their culture and how they were raised; Which, at that period of time made them extremists. Although slavery was abolished, racism was not. Because the government started recognizing African-Americans as more than just slaves, the KKK decided they would have to take matters into their own hands. They began their protest by lynching, taring and feathering, whipping, beating, and killing African-Americans in the south. Since Blacks had been given rights, the KKK felt it was their duty to prevent the former slaves from using them. Racist Groups such as the KKK operated mainly in the South; however, discrimination against the African Americans was also an issue of a smaller degree in northern cities. The KKK would destroy any black polling booth and shoot, intimidate, and kill any black person trying to vote; especially in Mississippi. KKK members went on ââ¬Å"night rides. â⬠On ââ¬Å"night rides,â⬠the KKK members dressed in white robes and went to houses belonging to empowered blacks and used threats toward family and loved ones to instill fear into their hearts has a means of control. The KKK would threaten these blacks with what would happen if they voted or took positions of power. At the end of the 19th century and the Reconstruction era, many of the whites used violent behavior to scare the African-Americans from white neighborhoods. The Whites organized protective associations, so homes in white neighborhoods could never be sold to a black man. This was also very noticeable in the makeup of many of the northern cities; these cities had well-known residential neighborhoods for African Americans. In conclusion, during this time, a country that was so well-known for its freedom, opposed in large the very definition of the word. After the Civil War, America saw a great many changes regarding civil rights and black suffrage. Many laws were passed to give African Americans more rights. Since the Reconstruction era, we as a country have come a long way. With the utilization of great leadership like Lincoln, education and recognizing our shared humanity, we could decrease the gap of equality.
Tuesday, January 7, 2020
A Brief Analysis Of The Real Earnings Management ( Rem )...
A brief analysis between the Real Earnings Management (REM) and Off-balance Sheet Financing (OBSF) Introduction According to the paragraph 9 of AASB 101, the purpose of financial statements is to provide information referred to the financial position, financial performance and cash flows of an entity which is valuable to a wide variety of users in making economic decisions. Nevertheless, real earnings management (REM) and off-balance sheet financing (OBSF) have a negative impact on financial statements reflecting substance and economic reality of transactions. The paper provides a brief analysis of the implications of real earnings management (REM) as well as off-balance sheet financing (OBSF) which are relevant to the valuation of a manufacturing company. It begins with the introduction of the concepts of REM and OBSF respectively, followed by lists of different major types of REM and OBSF. Afterwards, it distinguishes the two methods from other ones used for financial statement manipulation. Then, the essay illustrates an explanation related to the motivations for the financial statement manipulation and the final part is relevant to methods for a perspective investor on how to detect the occurrence. Concepts of Real Earnings Management (REM) and Off-balance Sheet Financing (OBSF) Real Earnings Management (REM) Real earnings management is defined as the real activities manipulation that diverges from the companyââ¬â¢s regular operational practices with the primary purpose of
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