The Value Of Positive Guidance - 1124 Words

II. Introduction Purpose: The purpose of my personal philosophy is to show the value of positive guidance. I want to demonstrate that children are capable of learning new skills that will help them in their development. The importance of positive guidance is to prepare children for adulthood. Through various activities and instruction children will learn ethical principals. Organization: I will start my essay by explaining the importance of positive child guidance. Then I will discuss about how children best in the environment and doing activities. I will discuss about the motives in children’s behavior. Then, I will explain the type of skills children need to learn for primary grades and later in life. I will discuss how adults need†¦show more content†¦Children are able to learn these principals through modeling, hands-on experiences, being scaffold by a teacher, through observation, role-playing, and through individuality. Activities that will teach children these principals are by doing a puppet play, storytelling with a picture book, singing a number song, collect rocks to create a mosaic painting, and do gardening to teach children about nature. Assumptions About the Motives for Young Children’s Behaviors: Children behave the way they do because they want social reinforces such as acceptance, compliments, a pad on the back, rewards, encouragement, and praise. Children also behave the way they do because they will have time for free play, and get privileges by behaving well. When children notice positive reinforcements, the child will continue to display positive behavior and will be able to learn new behaviors. Additionally, children who tend to cause chaos in a classroom want attention from peers, or teachers. In this case, children should be taught positive behavior. Assumptions About What Children Need to Learn to Succeed Later in Life: Children who enter primary grades should learn to be ethical in order to respect peers, learn to make the right decisions, be independent, and be caring with peers. They also

Film Analysis Of Good Will Hunting - 1528 Words

â€Å"GOOD WILL HUNTING† MOVIE (1997) Will Hunting, a 20-year-old janitor at a college, is a mathematics genius who underage drinks with his friends. In the college where he is the janitor, a professor has written an impossible equation that Will goes and resolves. No one really knows who did it and when the professor finds out who resolved it, Will Hunting runs into more trouble, as he engages in a fight along with his friends and ends up punching a cop, this lands him in court room in front of a judge yet again. The professor helps him not to go to jail, but in return Will Hunting must go to therapy and get a good job, Will accepts but does not take anything serious and the psychologists end up quitting on him. He engages romantically with a†¦show more content†¦This is our knowledge, and what we have retained in our brain. In the movie, Will Hunting shows us the meaning of the word, he is able to comprehend math like no one out there, and one might say that â€Å" it just clicks†. Cognitive also refers to the way we see pictures in our head when we read a word or hear a sound. (Winter, Max, Salem 2015). When we are reading a book, and along the lines we are imagining what the book is describing, this brings up experiences, thoughts and knowledge when we have seen what it is describing. For Will, love and comprehension from others brings pain, because the people that should have taken care of him, left him, so that was pain for him and that was just his subconscious. A good example of cognition might be when we have kids, we know that while changing their diaper we also must watch them and make sure they don’t roll over, however a person should not text and drive because we are not mentally prepared to combine these two tasks. The Cognitive process, are the processes that result in learning: attention which has three different stages. Sensory register, means we retain what we have just heard for about a second or two; an example o f this is when we are listening to someone talk but not really paying attention, this is where a famous question comes into play â€Å"what did I just say?† and most of us would not know the answer. The next part is short-term memory; Dory might come to mind in this situation, because we can hold informationShow MoreRelatedGood Will Hunting Film Analysis808 Words   |  4 PagesVu Nguyen English Composition I Mr. Dylan Travis RELATIONSHIPS IN GOOD WILL HUNTING Good Will Hunting is an interesting story of a young genius orphan growing in a slums of South Boston with a group of best friends, written by Matt Damon and Ben Affleck and directed by Gus Van Sant. In this film, Will Hunting is the main character played by its father Matt Damon who is trying to himself identify his value in the world. 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Will works menial jobs, hiding his incredible genius (suchRead MoreGood Will Hunting And Sean Mcguire Essay1703 Words   |  7 PagesSelf-Disclosure: Finding the Good in Will Hunting’s Self-Concept The focus of this study will revolve around the relationship between Will Hunting and Sean McGuire, characters in the critically acclaimed film Good Will Hunting (See Appendix for a summary). In researching the film and different perspectives of interpersonal communication there could be many arguments made to social classification, how one associates and assumes roles within their particular group such as language, perception,Read MoreMovie Analysis : No Country For Old Men938 Words   |  4 Pages2007 Coen Brothers’ film, No Country for Old Men. 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Financial Statements Of Insurance Companies -Myassignmenthelp.Com

Question: Discuss About The Financial Statements Of Insurance Companies? Answer: Introduction In the given case study, JAE Limited is the company for which Wizard Finance, a company that provides corporate credit card service enables the credit card for business use purposes at the managerial level or above. This has been of tremendous help to the employees whenever they have had to make some overseas trip or book international business class flights or extended hotel stays for overseas assignment. (Aitchison, 2016) Though this was for business use only, but many executives of JAE limited have also utilized it for personal purposes as well and have later on sent a cheque in the name of Wizard finance to the accounts payable department to make out for the personal expenses incurred. All this did not go smoothly and the loophole of non segregation of duties has enabled the accounts payable clerk, Steve Ray, to commit a big fraud with the company amounting to over $ 1 million. This has not only questioned the integrity of the working staff at JAE limited but on the company as well in terms of the internal financial control being implemented and practices within the company. (Capaldi, et al., 2017)Therefore, the policies and procedures which are currently built in place needs to be reviwed in order to find out the deficiencies and build a strong control around them. In the light of the background information given about the company and the accounts payable function in the company, there has been many factors which have led to the non identification of the deficiencies and te fraud which was being prevelant in the organization. There was only a single person responsible for collecting all the cheques which were to be paid to Wizard Finance, the entire control of the account was in his hands which no reviewer and checker besides him or above him to scrutinise and check the viability of his work. (Buchanan, et al., 2017) He was the sole owner of the accounts payable department and the bank reconciliation is not in place which could have shown that the outstanding for the banks were such huge amounts and were not being paidn in time to Wizard Finance even after being followed up by the vendor and receiving the cheques from the vendors. Since the card was given only for the business use, therefore when the clerk was aware that the crad was being used for personal purposes, this should have been brought to the notice of the management even though the same was being reimbursed by the employees in the form of the cheques. This warranted for a summarized dashboard which would show the top 80% of the employees who use it for the personal purposes alongwith the quantum of use. The period and the percentage split between business and personal use could also have been shown such that the companys management would have been aware of the inconsistencies and the risk and could have avoided the same roping in a new policy for the employees. The other factor which worked in the favour of Steve was that no rotation of the role was there and he was fixed into the same role for a longer period of time which enabled him to understand the loopholes of the process and utilise the same to his own benefit. In the organization where cont inuous internal rotation is being carried out, the employees just cannot take benefir like this as it would be caught immediately. (Flix, 2017) Some other factors which helped in non detection of this fraud was the absence of the internal audit system which if it would have been in place would have identified the fraud when it came to know of the cheques from the employees not being deposited in the companys bank account but being transferred to his own. Further more, there should have been a reviewof the creditors and the accounts payable on a monthly basis which was not in place. Accounts payable being a very important function and affecting the factors like the working capital requirement of the company and the number of days which the creditors give for payment of the outstanding dues, this needs to checked for the outstanding balances through a summarized table which would show the ageing of the creditors along with the amount due. The nature of the reasons due to which this hasnt been paid for a long time should also have been a part of such a summary. Most of the companies have an internal control to analyse the credi tors which have been over due for a period more than 90 days but in this case, the company failed to have the minimum control in place which would have guaranteed that the fraud being done by the clerk is getting caught in the eyes of the management. Besides all the other factors, the most important and critical deficiency was the non division of labour among the company structure and giving all the responsibility with respect to the creditors in the single hand who could have done window dressing and reported misstatements in the financials even. (Heminway, 2017)Besides having all the controls in place, the company should have had a control that the confirmation message should go to the employees once their outstandings are cleared so that they would also be able to confirm back. All in all, the mistakes of the management is setting up a strong internal control and no analytical review being done at the end of the period has resuled in such a being fraud in the company being uniden tified for a long time. There were many reasons and weaknesses in the current payables functions which persisted in the company which resulted in the faud being taking place in company. The following is the brief list and the recommendations for addressing the same so that it is not repeated in the future. Weakness Recommendation for addressing the weakness The account of Wizard finance, being one of the chief and big creditor, not being reviewed by the management. In banking system , we see that the major accounts, payments and collection above a certain limit is being checked everyday or atleast aan exception report is being given to the management considering some figure as the cut off mark which enables the management to monitor the account more closely and find out any ineeficiencies or problems, if any. (Anon., 2016) Moreover, from the management review perspective, Wizard finance being one of the major creditors should have been reviewed on a weekly basis such that the ageing of the outstanding would have been known alonhwith the quantum. This would have helped the company to know when the amount was due and whether there was any major outstanding or fussy in the account. Basis this, the monthly statement sent by Wizards finance could have scrutized for top 10 or 20 expenditures. Allowing business executives and senior managers and others to use for personal use as wel besides the business use. The introduction of credit card by Wizards finance was to assist the business executives and managers from unnecessary hussle and bustle in case of urgencies, the business meeting overseas, the stay over there at the hotel and several other official benefits but the staff started to use it for the personal use as well, which was not the idea. This should have been reported to the management and then the management should have taken the call accordingly that whether such an action should be allowed or not. In case, the management would have agreed to it, they should have been shown the split between the business and non business expenses. It could also have been that the employees could have been charged interest on the personal expenses as the company is anyways incurring so when it is making the payment the Wizards Finance. No maker checker and reviewer concept being followed in the company i.e., the work done by a person needs to be reviewed by another person in the system. In most the listed companies, where there is requirement of the SOX complaiance and the internal financial control being followed in the company, we see that there is concept of maker, checker and reviewer being followed such that the work done by one person, is being reviewed by another and checked by one another person before posting it into the final system and the financials. In this company JAE Limited, the same should be implemented to have a strong control on each of the processes and such that all that goes into the final system and reporting is viewed through multiple eyes. In this way, any fraud and error can be found in the initial stages only. Segregation of duties was not there as everything was being controlled and managed by a single person. The major discrepancy which was found in the system was the non segregation of the duties among different people. In case the receipt of the cheques from the employees of the company, reconciling it with the amount outstanding against every employee towards the personal expenses, entering the transaction in the system, making the payment to the Wizards Finance team through cheque, making the bank reconciliation would have been done by different peopld, there would have been no scope of making any kind of fraud or non recording the transaction. The benefit of segregation of duty is that the transaction do gets caught at some stage of checking as it is a water fall approach and no transaction can escape from being recorded. (Qi, et al., 2017) No internal audit function in place in the company which is a mandatory requirement considering the size of the company and the revised requirements by the International Accounting and Auditing Standards. In case of the listed companies, there is a requirement of the internal control function to be implemented so that entire finance process and procedures, other SOX functions, internal control viability etc. can be checked by the internal auditors and any discrepancies or shortcomings, if any needs to be brought to the notice of the management. This function in the company acts as an early warning signal which helps in spotting the erros and frauds, if any being carried in the company and internal audit is related to in-depth scrutiny of the books of accounts and GL scrunity on a detailed basis. Conclusion On the basis of the above observations and understandings, it is clear that the company was the victim of fraud committed by one of its clerks, Steve because of the weak internal control being practices in the company. Further more, there was non awareness within the management that the employees of the company have been using the card for diverse purpose other than the business use. Several weaknesses and the recommendations thereunder have been proposed to make the company SOX compliant an such that the company doesnt suffers iun future on account of such a blunder. Besides all this, audit being one of the major functions in any company these days, should be implemented and should be carried out with all the analystical and substantive procedures available so that any discrepancy can be noted before hand only. (Li, et al., 2017) Besides all this, external confirmation from creditors which is one of the major techniques being followed in company to check the balances outstanding sho uld be employed by the company to avoid all the above issues. All in all, it can be said that JAE limited is lack of proper accounting information system in place and thus once this is fulfilled or placed in the system, the accounting can be ensured to be free from such huge frauds. References Aitchison, S., 2016. When is a done deal not done?: a legally enforceable contract. [Online] Available at: https://www.mondaq.com/australia/x/291480/Contract+Law/When+is+a+done+deal+not+done+a+legally+enforceable+contract [Accessed 8th August 2016]. Anon., 2016. When is a Heads of Agreement legally enforceable?. [Online] Available at: https://legalvision.com.au/heads-agreement-legally-enforceable/ [Accessed 8th August 2016]. Buchanan, B., Cao, C., Liljeblom, E. Weihrich, S., 2017. Taxation and Dividend Policy: The Muting Effect of Agency Issues and Shareholder Conflicts. Journal of Corporate Finance, Volume 42, pp. 179-197. Capaldi, N., Idowu, S. Schmidpeter, R., 2017. Dimensional Corporate Governance. CSR, Sustainability, Ethics Governance, pp. 175-187. Flix, M., 2017. A study on the expected impact of IFRS 17 on the transparency of financial statements of insurance companies. MASTER THESIS, pp. 1-69. Heminway, J., 2017. Shareholder Wealth Maximization as a Function of Statutes, Decisional Law, and Organic Documents. SSRN, pp. 1-35. Li, S., Sougiannis, T. Wang, I., 2017. Mandatory IFRS Adoption and the Usefulness of Accounting Information in Predicting Future Earnings and Cash Flows. SSRN , pp. 1-47. Qi, Y., Roth, L. Wald, J., 2017. Creditor protection laws, debt financing, and corporate investment over the business cycle. Journal of International Business Studies, 48(4), pp. 477-497

Job Satisfaction

Although commonly confused with motivation, job satisfaction describes how happy employees are with their job. There are many factors that contribute, either directly or indirectly, to job satisfaction. For purposes of data analysis in this study, I have chosen employee position and extrinsic factors.Advertising We will write a custom report sample on Job Satisfaction specifically for you for only $16.05 $11/page Learn More Based on data available in this study, position held by an employee is described as hourly employee or salaried employee in which case only the former is eligible for overtime work. This aspect is likely to affect the level of job satisfaction since it places restrictions to employees based on their position ascription. Besides extrinsic factors such as working environment, team members, leadership style at workplace and office location are likely to contribute directly to job satisfaction. I believe these two variables are the most a ppropriate in this study. Findings from data examination Position Position as represented in this data is a qualitative. Such a data set can only be analyzed using mode to describe the frequency of the distribution (Bartz, 1971). Mean and median are not applicable in this case since this is a coded data set referring to only two situations. For this reason, computation of mean and median will be misleading. Measures of variability are equally not applicable in this case since they are computed from mean, a measure which has already been disputed. This data set has a mode of 1; meaning that majority of employees interviewed in this study are hourly employees. This shows that most employees are comfortable working as hourly employees with the guarantee of paid overtime as opposed to being salaried employees. Figure 1.1 clearly illustrates these findings. Figure 1.1: Job Satisfaction by Position Source: ResearcherAdvertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Extrinsic Job Satisfaction Extrinsic job satisfaction arises from factors external to the job itself. Extrinsic job satisfaction as represented in this data is a quantitative, hence can be analyzed both by measures of central tendency as well as variability (Bartz, 1971). Sample mean computed from this data set is 5.421875. This reflects a high level of job satisfaction arising from extrinsic factors. On a scale of 1-7, the majority of those interviewed recorded their satisfaction level above the average figure thus resulting into a high mean score. This can also be explained from the median and mode point of view. This data set has a median and mode of 5.6. Median is the central figure that separates the two halves, i.e the lowest-value side and the highest-value side, in a frequency distribution (Bartz, 1971). A median of 5.6 represents a positively skewed data since it is higher than the mean. The mode which describes frequency distribution also falls at 5.6, clearly indicating that the majority of those interviewed recorded their level of satisfaction at 5.6 slightly higher than the mean score hence a positively skewed data. Figure 2.1 depicts a visual illustration of this information. Figure 2.1: Job satisfaction by Extrinsic factors Source: Researcher.Advertising We will write a custom report sample on Job Satisfaction specifically for you for only $16.05 $11/page Learn More Apart from the central measures of tendency, measures of variance can also provide an insight into this data. Both the standard deviation and variance are measures of trend characterizing the dispersion among various measures in a population. They show how tightly all the values are clustered around the mean in a data set ((Bartz, 1971). They express the inconsistency of the population by showing how far away from the mean the data points tend to be (Bartz, 1971). A small value, of both, reflects a distribution in which most data points tend to be close to the mean as evidenced in this data set. This data set has a variance of 0.232732 and a standard deviation of 0.482423. In addition, standard deviation is a measure of confidence levels in empirical conclusions. An acceptable empirical error margin is at two standards deviations from the mean resulting into 95% confidence level. This data set is normally distributed since 68% of the values are within one standard deviation from the mean ranging between 4.9 and 5.9 and 95% of the readings fall within two standard deviations ranging between 4.5 and 6.4. This information is visually portrayed in figure 2.1. If the bars were to be joined by a line, then a bell shaped diagram would result. The significance of charts/graphs in conveying information Charts and graphs help readers to have a better understanding of the meaning of data. They convey information in a manner that can be easily understood (Bartz, 1971). Be sides, through the use of graphs and charts, differences between separate pieces of data can be clearly illustrated in a clear method. Lessons learnt from the results The importance of descriptive statistics as a first step in data analysis comes out clearly in this study. Although the results reveal very little concerning the subject of study, much is learnt about the frequency distribution and the nature of population dispersion thus forms a benchmark against which other detailed data analysis can be done. The results from this study can lead to the conclusion that both position and extrinsic factors play a key role in influencing employees’ job satisfaction. Reference Bartz, A. E. (1971). Basic descriptive statistics for education and the behavioral sciences (4th ed.). Oxford, UK: Burgess.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This report on Job Satisfaction was written and submitted by user Jaydon Russell 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.