Jeremy Bentham And Utilitarianism Theory - Free Essay Example

Sample details Pages: 1 Words: 342 Downloads: 1 Date added: 2019/08/08 Category Ethics Essay Level High school Tags: Utilitarianism Essay Did you like this example? The most significant philosopher in Utilitarianism is Jeremy Bentham Jeremy is considered as the founder of Utilitarianism. He was impact by the thinking of human nature of Hobbes and Humes account of social utility. Bentham was born in a family of Conservative lawyers in Spitalfields in East London. He is considered a child prodigy, because he was a beginner walking child who had read the vast history of England at his fathers desk and began to learn Latin at the age of three. After graduating from Westminster High School, Bentham entered Queens College of Oxford in 1760 and received his bachelors and masters degrees in 1763 and 1766. He studied law and was qualified as a lawyer in 1769, but he quickly became tired of the lack of a rational foundation in British law. He believes that British law is a matter of fact and subjective. He hopes that the guiding principles of law can draw on nutrition from science, rather than being dominated by pure privilege, selfishness, and superstition as in the 18th century. After obtaining the permission and help of his father, Bentham began to study the law and handwritten the book. However, the early struggle of the Brigade alone did not affect much. It was not until the early 19th century that he devoted himself to social policy and the specific practical work of the government. Don’t waste time! Our writers will create an original "Jeremy Bentham And Utilitarianism Theory" essay for you Create order Benthams great dream is to establish a perfect and comprehensive legal system, a Pannomion. Trying to make the universal and perfect legal eye into every corner of social life, and to clarify the universal inaccuracy and disorder in English law. The core of Benthams clarification of English law is to demystify the common law. He vigorously lashes between natural law and common law, because in his eyes, many logical fictions of natural law and common law are just myths. Only through thorough legal reform can we build a truly rational legal order. But Bentham not only proposed a lot of legal and social reforms, but also clarified the potential ethical principles on which these laws are based.

What Is Culture And Cultural Competence - 1328 Words

Recognizing how a person’s values and beliefs shape and influence how they communicate is an invaluable tool in the business world today. This knowledge helps to appropriately tailor conversations and actions to a level where all parties involved are comfortable. This awareness, understanding and sensitivity is known as cultural competence. Introduction: Our partnership with The Society of New Americans (SNA) will help us fortify our mission to broaden access to education by donating bicycles to students who need them. Fittingly, SNA’s mission to increase access to education within the different cultural communities it serves goes hand in hand with our own. All around us is evidence that globalization has resulted in people from different cultures and backgrounds interacting more closely with one another. This is clearly evident when it comes to SNA for their employees and clients come from all over the world. We as a company will need to recognize and appreciate the role that culture plays in our lives and the lives of others in order make our partnership successful. What is culture and cultural competence? Per Wikipedia, Culture is what people eat, how they dress, beliefs they hold, and activities they practice. In order to understand cultural competence we need to first review the definitions of important terms as defined by Rice University and Open Stax College in Chapter 3: Culture: †¢ Cultural competence – an ability to interact effectively with people ofShow MoreRelatedIntercultural Competence : Understanding The Values Of People, Cultures, And Lifestyles1682 Words   |  7 PagesIntercultural Competence are abilities to adeptly navigate complex environments marked by a growing diversity of people, cultures, and lifestyles, which, in other terms, means abilities to perform effectively and properly when interacting with others that are culturally different than them. (Fantini Tirmizi, 2006). When given the relevance for social and political life, the scope of intercultural competence aims to free people from their own logic in order to engage with others and listen to theirRead MoreCultural Competency On Healthcare Delivery824 Words   |  4 Pagesthe need for cultural competency in healthcare delivery requires culturally competent healthcare providers. Each population has its own particular norms and practices that guide their lifestyles; there fore, a challenge arises for health care providers to learn to provide culturally sensitive care to clients from diverse cultural backgrounds (Waite and Calamaro 2010). The ever changing population of the U.S. signifies a much needed change in health care delivery to different cultures. The U.S. BureauRead MoreCultural Competence Essay614 Words   |  3 PagesAssignment 5 Cultural competence has to do with one’s culture. Culture affects among other factors, how children are raised, how families communicate, what is considered normal or abnormal, ways of coping with issues, the way we dress, when and where we seek medical treatment, and so forth. I should know because I come from a very cultural home where it is considered bad to talk to a male doctor about anything gynecological. Cultural Competence is important for many reasons. First, it can helpRead MoreCulture Competence Essay1348 Words   |  6 PagesThese nine terms are all correlated and intertwined with each other. Without one, like culture, you cannot have the other, such as diversity. If one is going to work as a health care professional, they must know these terms and be able to respect the meaning of each one. A meaning of a word can differ from person to person, depending on his or her culture and upbringing. Culture in a general sense is patterns, behaviors, beliefs, values, customs and life ways that have been passed on from personRead MoreDiversity and Cultural Competence in Family Therapy Essay1050 Words   |  5 Pages Diversity and Cultural Competence in Family Therapy A therapist will face problems, issues and client troubles everyday. The professional must understand how their client relates to the world around them. These feelings and ideas affect how the client sees the problem and how they respond to their situation. Their actions, in turn, have bearing on individual thoughts, needs, and emotions. The therapist must be aware of the clients history, values, and culture in order to provide effectiveRead MoreValues and Ethics in Social Work, Cultural Competency Essay1076 Words   |  5 PagesOne such aptitude is Cultural Competence and Social Diversity, which is in section 1.05 of the NASW code of ethics (National Association of Social Workers, 2008). There are three sections associated with this competency â€Å"Social workers should understand culture and its function in human behavior and society, recognizing the strengths in all cultures†. It is assumed that â€Å"social workers should have a knowledge base of their clientsâ€℠¢ cultures and be able to demonstrate competence in the provision ofRead MoreThe Ethical Issues Of Cultural Competence1406 Words   |  6 PagesRunning head: CULTURAL COMPETENCE 1 Cultural Competence April Culberson Ethics in Psychology/PSY430 CULTURAL COMPETENCE 2 Abstract In this paper we will be using the â€Å"Course Case Study† to describe the ethical issues to cultural competence, we will look at the influence of personalRead MoreThe World As A Culture Being By Edward Hall839 Words   |  4 Pages Beyond Culture examines on the importance of context and how man copes in the world as a culture being. Looking at the book from the first chapter to the eighth chapter one would realize that it explains culture from different perspectives ranging from man’s ethnical culture, to his organizational culture and his personal culture. In this book, Edward Hall uses his experiences to explain what frames the thinking and understanding of cultures outside the Western culture after having travelled theRead MoreRecognizing the Need for Cultural Change1137 Words   |  5 PagesNeed for Cultural Change Table of Contents 1. Introduction 2. Cultural awareness 3. Cultural sensitivity 4. Cultural competence 5. Cultural humility 6. Conclusion 7. References Introduction United States of America demographics profiles illustrates a nation rich in culture and culture diversityRead MoreTranscultural Nursing And Its Relationship With Cultural Competence1131 Words   |  5 Pages Cultural Diversity in Nursing Mandy Koontz Henderson Community College Nursing Semester 1 â€Æ' Abstract This paper explores 4 published articles that report on research conducted online about transcultural nursing and its relationship to cultural competence. This paper will define transcultural nursing and its history, discuss the importance of transcultural nursing in today’s global environment, define cultural competence and identify the role of the nurse when caring for persons from diverse

Interpersonal Communication Everyday Encounters By Julia...

Communication is a part of our everyday life, which leaves a great deal of room for errors and problems to arise. One communication problem that a lot of people face in college and throughout their lives are bad first dates. Due to the extreme frequency that bad dates occur in society, my group decided to discuss it for our communication problem. The group was composed of Jacqueline Kaplan, Zach Barclay, James Prell, and myself. Our main points throughout the presentation were listening, body language, invasive communication, and self-disclosure, which seen to be the main components to dating. Many of these topics were covered in our book Interpersonal communication: Everyday Encounters by Julia Wood. Our group worked on all the components of the project together, which included the research, reference pages, scripts, and the PowerPoint. I believe our decision to not assign specific tasks to a single individual allowed us to fully understand all the information and get along better d ue to the fact we all were doing the same amount of work. In a group setting, we had to work together and communicate with one another in order to create a suitable presentation. One thing I saw that our group thrived at was listening to one another. Our book defines listening as the â€Å"active, complex process that consists of being mindful, physically receiving messages, selecting and organizing messages, interpreting messages, responding, and remembering (Wood, 2016).† Each group member had toShow MoreRelatedReflection On Interpersonal Communication1724 Words   |  7 Pagescan be applied to everyday life. For instance, when we talked about non-verbal communication, I realized that it is impossible to not communicate. There are many activities, other than the use of language, that allow us to draw meaning from something we observe. When my mother widens her eyes at me without stating a word, I understand she is telling me to think twice about the action I’m about to take. It has been great to be able to assign concepts and vocabulary to interpersonal relationships andRead MoreMaslows Hierarchy of Needs and How Belonging Needs Apply to Me838 Words   |  4 Pageschapter of her book, Interpersonal Communication Everyday Encounters, Julia T. Woods (2013) examines how various interpersonal communications satisfy basic human needs. She starts off by examining Maslow’s Hierarchy of Needs. Maslow’s Hierarchy of Needs places the most important needs as the Physical Needs for Survival (1968). These include the need for air, food, reproduction, and all the other needs for basic survival as a species. While some of this may be obvious in our communications, i.e. a baby cryingRead MoreMindful Listening801 Words   |  4 PagesA few words by Teresa on Listening Steven Henagar’s College Teresa Palacios Communication Arts Dani Liese Assignment Issue Date: Week 3 Being Mindful Listening â€Å"Mindfulness is a choice. It is not a talent that some people have and others don’t.† Abstract The very first step in listening is the decision to be mindful. Mindfulness is being present, fully in the moment. I knew, I was in for a beating as soon as I started to read this subject on mindfulness. It is definitivelyRead MoreFoster Children Attachment Styles1395 Words   |  6 Pagessocially and emotionally normal there must be at least one primary caregiver and this is what tends to be the problem with children in foster care. Julia T. Woods author of Interpersonal Communication Everyday Encounters describes attachment styles as â€Å" patterns of caregiving that teach us who we and others are, and how to approach relationships†. (Woods, 2007) She also goes on to explain that â€Å"the first bond is especially important because it forms the child’s expectations for later relationshipsRead MorePerception Is A Matter Of Interaction Between The World And The Self1534 Words   |  7 Pagesprocesses; selection, organization, and interpretation. Also perception involves age, culture, and personality. Even though perception is largely cognitive and psychological process, how a person perceives people and objects around them affects their communication. Active processes are continuous, they blend into one another, and also they are interactive and affects each of the other two. The active process through perception is given massive amounts of stimuli taken in by human’s senses, a person willRead MoreRelationship Analysis Paper1603 Words   |  7 Pagesavoiding these gaps. These three most applicable communication concepts in relationships are 1) the field theory, 2) the social exchange theory and 3) the social system theory (Casmir 224). These theories, with respect to this scenario, will be discussed later in this paper. We should communicate In this section, my utmost intentions are to identify why it is so important to communicate with my son, Jack? What could be the aftermaths of poor communication between us? How the above-stated communicationalRead MoreQuestions On Taking Back Your Life Essay1613 Words   |  7 Pagesunhealthy stimuli result in severe mental illness and on a lesser extent yet still pervasive in our culture are early life adversities including physical and verbal abuses and post traumatic stressors. From these stimuli form unhealthy interpersonal communication skills, and false identity scripts that carryover into adulthood. Further trauma including traumatic brain injuries, environmental exposures, and Post Traumatic Stress Disorder compound early life traumas. Often times the stressors proveRead MoreComputer Mediated Communication ( Cmc ) Essay1892 Words   |  8 PagesComputer Mediated Communication (CMC) is communication through technology such as email, text messaging, instant messaging, and social media. There are many aspects of communication that are limited in CMC, including but not limited to; tone, body language, facial expressions, mood, and personality. Computer Mediated Communication (CMC) is a hobbled form of interpersonal communication, therefore when using CMC, I should take into consideration the many restrictions and diminished aspects of CMC makingRead MoreEssay on Nonverbal Communication and Cultural Differences1649 Words   |  7 PagesNonverbal communication has always played an important role in the entire communication process. It may include gestures, kinesics, haptics and other means, which a person incorporates into the communication process. These acts make the communication process more effective an d meaningful. However, nonverbal communication is highly influenced by cultural differences as the context of the culture defines how the message is interpreted. This essay will analyse several types of nonverbal communication suchRead MoreMovie Analysis : The Movie Hitch Essay1489 Words   |  6 Pageshis feelings both Sara and Alex make up and continue their relationship and Allegra and Albert get married. The three concepts of interpersonal communication that were shown and used in the film were reflected appraisal, I-You and I-Thou communication and self-disclosure. In the book. Everyday Encounter: An Introduction to Interpersonal Communication. By Wood, Julia T., Ronald Edward. Sept, and Duncan Jane. Chapter 2 Toronto, Ont.: ITP Nelson, 1998. Print. â€Å"The reflected appraisal is our perception

Cyber Bullying A Non Profit - 814 Words

Cyberbullying Today I’m going to talk about ETCB (End to Cyber Bullying) a non-profit organization, designed to combat cyberbullying in this modern age. By raising awareness throughout the communities and the world. ETCB is instantly accessible online, and phone assistance by certified. The overall goal is to try to make the Internet a safe place for teens. I’m going to tell a quick story about a blind high school student at Huntington Beach that was being bullied by a kid who I think deserved to be suspended, if it wasn’t for Cody Pines, a junior who had stepped in and knocked the bully to the ground to protect the blind student who he knew since the sixth grade. Later on the school district suspended Cody for stepping in and helping the victim. I don’t think that was the right move for the district to do. Now let me ask you a question what would you have done if you had witnessed one of your fellow student being bullied? On The End to Cyber Bullying Organization website states that â€Å"it’s the world’s number one source for that’s always up to date on cyberbullying information, news, and cyberbullying prevention tips†. It also states that cyberbullying is a leading issue in today’s technology society and raising awareness throughout the web and communities is the first step to putting an end to cyberbullying. There are a lot of reasons why some people bully. One of them is the bully may see it as a way of becoming popular, or making themselves lookShow MoreRelatedCyber Bullying Is An Action Of Harassing Or Harming People Using Technology945 Words   |  4 PagesCyber bullying is an action of harassing or harming people using technology. It is increasing with the increasing technology. People of all ages are victims for this where majority of them are teenagers. It includes posting rumors or gossip about a person and insulting them or sometimes it may include morphing of their photos and posting them in social media networks to embarrass them. A victim can t cyber predict the cyber bully and is difficult to know that person. A cyber bully can be any unknownRead MoreAn Increase in the Worlds Technology Brings and Increase in Cyber Bullying 762 Words   |  4 PagesCyber Bullying The increase in the world of technology comes with a horrific price. According to a non-profit organization for social revision, â€Å"eighty-one percent of adolescents think bullying online is easier to get away with than bullying in person.† (11 Facts About Cyber Bullying). Universally, there is controversy involving stronger laws for cyber bullying. Unfortunately, many individuals live by the motto â€Å"Sticks and stones may break my bones, but words will never hurt me.† People also believeRead MoreA Treatment of Solutions to Bullying in Schools Essay1177 Words   |  5 PagesBullying has always been present within the United States. Although the issue has been around for a long time, it continues to grow and become more of problem. It is said that about 160,000 children within the United States are refusing to go to school because of bullying. Another statistic is that within American schools alone, there are an estimated 2.1 billion bullies and 2.7 billion victi ms (Dan Olewus, MBNBD). The numbers presented here are outrageous and although there are organizations toRead MoreBullying Is An Emotionally Draining Issue Prominent Across The World Today1111 Words   |  5 PagesSenior English 18 January 2017 Rough Draft Bullying is an emotionally draining issue prominent across the world today. Bullying is unacceptable, and there are many, if not several movements in an effort to end bullying once and for all. Throughout the course of this essay, I am going to discuss the issue of bullying, and formulate an argument towards the issue at hand. In this argument, I will show my support in the fight against bullying. A lot of things have changed throughout the courseRead MoreWorkplace Bullying Mediation And Anti Bullying Training Courses Online1019 Words   |  5 PagesWorkplace Bullying Mediation and Anti-Bullying Training Courses Online in Australia and internationally DO YOU AVOID OR FEAR MANAGING CONFLICT, WORKPLACE BULLYING, OR HARASSMENT AMONGST WORKERS, MANAGERS, DIRECTORS, BOARD MEMBERS? Do you have the skills to identify, prevent and manage situations of conflict, before they escalate? If not, you may be risking harm to your workers and your organisation. Personally you may also be liable to being sued. our online Anti-Bullying course is available as aRead MoreThe Legal Issue Of Cyberbullying Essay1520 Words   |  7 Pagesassignment will illustrate my opinions on how the legal issues could be managed or avoided. The first legal issue is cyberbullying. Cyberbullying or alternatively termed electronic bullying is a legal issue as that is defined as using electronic means of communication as a medium to carry out continuous acts of bullying towards a victim. This definition is supported by this quote â€Å"an aggressive, intentional act carried out by a group or individual, using electronic forms of contact, repeatedly andRead MoreCyber Bullying Is A New Form Of Bullying2119 Words   |  9 Pagesrisks come in the form of cyber bullying and targets a generation that is on average aged 12-18 years old and who uses the internet about 13.3 hours a week (Kowalski 2008: 4). Description of the problem Cyber bullying is a new form of bullying in which technology is used as a tool to bully someone from a device, most commonly via social media. Over the past ten years it has grown to be the center of media attention as more and more children are falling victim to this cyber assault. The traditionalRead MoreCyberbullying And Its Effects On Our Society938 Words   |  4 PagesBullying in the Digital Time Cyberbullying is the use of electronic devices with the intent of inflicting harm on another. Cyberbullying has steadily increased with new technology. Many international organizations and campaigns have emerged to defend the victims of this crime. An anti-bullying organization came about by youth in Canada to address the issues surrounding bullying in our society. This advocates for bullying awareness online, insisting that not enough government attention has been givenRead MoreCyber-Bullying and Teen Suicide2391 Words   |  10 PagesUnited States, there is a need for legislation that promotes awareness and education about Cyber-Bullying. by R. Hassan February 8, 2011 Fourth Period Mr. Cicala Robinson Secondary School Since Teen suicide is the second leading cause of teenage death in the United States, there is a need for legislation that promotes awareness and education about Cyber-Bullying. Due to the growth of technology in the American society, the younger generations of adolescentsRead MoreEssay on Causes and Effects of Teen Suicide599 Words   |  3 Pages An average of 276,000 youngsters between the ages 15-25 years tries to kill themselves every year; 5000 succeed. The most common causes? Stress, bullying, failed relationships, abuse, and failures at studies. Teenage suicide is wrong, it indicates how ruthless today’s society is, and it proves that sometimes, teenagers feel like they can’t be understood or accepted, that they don’t have an adult or close friend to consult to. Teenage suicide is truly sad, to even think that someone feels the absolute

Disaster in Franklin County free essay sample

Disaster in Franklin County Katherine Helm Western Governor’s University May 2013 Role of the Major Public Health Personnel In the event of a disaster, the community relies upon the public health personnel to evaluate the needs of the community, assess the available resources, provide reliable information, and coordinate health activities. It is essential that local health workers are trained professionals who are reassuring and organized to address health, social, cultural and material concerns of the community. Local health personnel coordinate social services, transportation, available health services, volunteers, outside assistance, public utilities and rescue work (HELP, 1989). The public health nurse is an integral public health team member and is uniquely qualified to serve the population. The public health nurse effectively communicates and collaborates with the local health department and other groups and agencies to mobilize resources required during a disaster. The public health nurse possesses knowledge about the community population and can help identify possible gaps in available services (Public Health Nursing, 2005). Also, as in the simulation of the Disaster in Franklin County, the public health nurse functioned as part of the canvassing team sent to conduct door-to-door interviews of the residents. The team was able to assess the health and safety status of residents living within a flood zone and provide immediate assistance based upon identified needs (Disaster in Franklin County, 2006). Chain of Command The Public Health Command System for the Franklin County simulation is lead by the Incident Commander who enlists the Deputy Director to appoint section chiefs and command staff who will comprise the Public Health Incident command team. The team and the assigned responsibilities are as follows: 1) Planning Chief: Responsible for gathering and analyzing information to formulate the incident action plan. 2) Public Information Officer: Works through the EOC to ensure consistent public health communications. 3) Liaison Officer: Point of contact for supporting agencies and assistant to the incident commander. 4) Operations Chief: Organizes tactical field resources. 5) Logistics Chief: Acquires space, supplies, and equipment for operations to be able to function. ) Finance/Administration Chief: Ensures contracts and finances are in place for the The public health nurse is also part of the Incident Command Team. As a single resource, the public health nurse is part of the Nurse Strike Team. The PHN would report to the leader of the Nurse Strike Team. The Strike Team reports to the Medical Care Group who then reports to the Operations Chief within the Incident Command (FEMA, 2010). Available Resources The public health nurs e has many resources available to help assist residents after a natural disaster. The priorities after a disaster such as a flood are for providing services in high-risk areas such as adequate and safe water, basic sanitation facilities, liquid and solid waste disposal, shelter, food protection, and personal hygiene. The public health nurse has access to written literature that can be provided to residents who are safe to remain in their homes, which describe food and water safety as well as hygiene measures. If residents are willing to leave an unsafe living environment, the public health nurse is able to locate shelters for temporary safe housing. Epidemiology specialists are available to the nurse if signs of a possible disease outbreak has been detected or suspected. The nurse will have access to mental health counselors as well to assist the community in adjusting and adapting to the disaster. And finally, the public health nurse has access to current, accurate information through the public health incident team. It is essential that members of the community be provided with updated, timely information to recover from the disaster (PAHO, 1981). Door-to-Door Actions Taken During the course of the door-to-door interviews, the nurse encountered several possible emergency situations. One of the residents, Mr. Fugate, requires daily blood pressure medications and was out of the medication. The nurse was able to assess that his blood pressure was currently in a normal range. However, Mr. Fugate would require close monitoring until the prescription could be obtained. The nurse was able to refer the resident to a local shelter where he could be closely monitored and receive emergency care if needed (Disaster in Franklin County, 2006). Mr. Westlund was concerned about having toxic chemicals in his shed that had been damaged. He also had flooding in his basement. The public health nurse was able to make a call to the environmental health specialist to have the HAZMAT team dispatched for potential hazard waste clean up and to provide Mr. Westlund with information for post-flood cleanup of his basement (Disaster in Franklin County, 2006). There was concern within the Alvarez household that a generator was not being properly ventilated during use. Although Mrs. Alvarez did not speak English, the nurse was able to speak to her son and provided him with safety instructions for the generator. She also provided written material in both English and Spanish on food and water safety since the power at the Alvarez house was out (Disaster in Franklin County, 2006). Actions to Help With Coping While conducting door-to-door interviews, the public health nurse identified that there were concerns at the Fuhr household for lack of basic provisions. Mrs. Fuhr was experiencing anxiety over the situation. The public health nurse provided options to Mrs. Fuhr, providing her the opportunity to be involved in making decisions, which should help to relieve some of her anxiety. The nurse also suggested a social service visit to provide available resources for the next several weeks. Listening, validating concerns, and providing current accurate information are all techniques available to the public health nurse to help calm the fears of the community members. Referrals to mental health agencies should be offered as an option to help residents adjust, adapt, and cope with the stressors that occur during the disaster recovery period (Disaster in Franklin County, 2006). Preparing Other Nursing Personnel Pre-disaster planning and education is essential for post-disaster recovery. It is important to plan for major disasters and events that are likely to occur within a community. Every community agency should be involved and actively be a part of the plan for it to be effective. The disaster plan should be tested periodically to ensure that during the course of a live disaster, the plan is still valid (PAHO, 1981). Part of the disaster planning should include comprehensive training of health professionals in areas of first aid, search and rescue, and public hygiene. Nursing personnel working in every aspect of the healthcare industry should be recruited to respond in the event of a disaster and trained to function in the role of a public health nurse (PAHO, 1981). Resources FEMA Emergency Management Institute. (2010). Introduction to the Incident Command System for Healthcare/Hospitals. Retrieved from training. fema. gov/EMIWeb/IS/courseOverview. aspx? code=is-100. hcb Health Education Library For People. (1989). Coping With Natural Disasters: The Role Of Local Health Personnel And The Community. Retrieved from www. ealthlibrary. com/book47_chapter800. htm Pan American Health Organization. (1981). Emergency Health Management after Natural Disaster. Retrieved from http://epdfiles. engr. wisc. edu/dmcweb/BC06EmergencyHealthManagement. pdf Public Health Nursing, (2005). The Public Health Nurse Role In Bioterrorism/Disaster Preparedness. Retrieved from publichealthnursing. webs. com/disasternursing. htm Regents of the University of Minnesota. (2006) . Disaster in Franklin County, A Public Health Simulation. Retrieved from https://cpheo1. sph. umn. edu/fcs/index. asp

Company Is Required To Follow Guidelines -Myassignmenthelp.Com

Question: Discuss About The Company Is Required To Follow Guidelines? Answer: Introducation The annual report of the company is the report which represents the detailed financial statements of the company for that particular period and along with that the directors report and the independent auditors report is also included in the annual report. Through this report, the financial report of the company has been analyzed. The company that has been chosen for the purpose of the analysis is the Blue Sky Alternative Investment Limited. The main body of the report has been divided into seven parts. The first part is dealt with the composition of the equity of the company. The second part deals with the income tax expense for the current year as stated in the financial statements. The third part deals with the comparison of tax expense with the net profit of the company. The fourth part deals with the deferred tax assets and the deferred tax liabilities of the company. The fifth part deals with the recording of income tax provision in the financial statements and how the same is d ifferent with income tax expense. The sixth part deals with the analysis of the tax expense as shown in the cash flow statement and the last part deals with the overall analysis of the equity and tax expense of the company. The report is then ended up with the conclusion and recommendation. The consolidated statement of changes in equity has provided the composition of the equity. It consists of four major parts. These are as follows: Contributed Equity It is that part of equity which represents the amount that has been received from the shareholders of the company in lieu of the shares issued to them. Reserves It consists of that part of profits which are available for use for the specified purpose. For instance, employee shares option reserve, redemption reserve, etc. Accumulated Profits It consists of the every years balance of the profit that has been accumulated and is available for use for general purpose. Non Controlling interest It represents that portion of the share in the company which is not sufficiently large and is only regarded as the measure of control. There have been changes observed over the past year. These are Contributed equity has been increased by $1,002,000 due to the issue of shares made during the year. Reserve has been increased due to the creation of employees share option reserve. Accumulated profit has been increased by $20,634,000 being the profit for the year and has been decreased by $10,783,000 being the dividend paid by the company during the year. At the end the accumulated profit has been achieved at $26,664,000. Non Controlling interest has been increased by $51,000 as part of the profit of the year and then decreased by disposition of non controlling interest amounting to $12,322,000 and by dividends amounting to $5,672,000 and at the end the non controlling interest is negative $293,000 (Company Official Website, 2017). The current income tax expense as reported by the company in the financial statements of the company is $4,771,000. The same has been reported in Note number nine of the financial statements of the company. As per the accounting policy of the company, current income tax expense is the tax payable on that periods taxable income. The taxable income is calculated by applying the provisions of the income tax law. As per the income tax law, some additions were made and accordingly the taxable income is arrived. On that taxable income, the tax is calculated by multiplying with the applicable Australian taxation rate. As per the consolidated statement of profit and loss account, the income tax expense consists of the current income tax and the amount of deferred tax. The total tax expense is $9,043 but the related current tax expense that has been included in that amount is $4,771,000. The screen shot of the same is given in Appendix (Company Official Website, 2017): No, the tax expense as reported in the financial statements of the company namely consolidated statement of profit and loss will not be equivalent to the tax expense so arrived after multiplying the accounting income with the Australian taxation rate applicable for the year ending 30th of June 2017. The same has been depicted with the reconciliation statement that has been prepared and made available for the purpose of analysis at note number nine of the financial statements of the company. The note number nine shows that there have been tax effects amounts which are nondeductible and taxable which has been included in the calculation of the current tax expense. The reconciliation statements have been produced below so as to check and confirm the reason for the difference between the two Tax Expenses Particulars Amount in $000 Profit before income tax 29,728 Tax at the Australian tax rate of 30% 8,918 Tax effect deductible/(taxable) Franked distribution (895) Non-deductible 148 Non-assessable income 113 Deferred tax balances not brought to account (661) Foreign Tax Rate Effect 1,420 Expense - Income Tax 9,043 Stated in Consolidated Statement 9,043 (Company Official Website, 2017) Because of the above non deductible and tax effects, there is the difference between the income tax as reported in the financial statements and the tax expense so calculated by applying the income tax rate to profit before tax. As per the accounting policy of the company, the company has to mandatorily report the deferred tax assets and liabilities in the balance sheet and accordingly charge the deferred tax expense or deferred tax income in the consolidated statement of the profit and loss. Following are the deferred tax asset and liabilities reported in the financial statement of the company: Deferred Tax Asset set off against deferred tax liability - $8,584,000 Deferred Tax Liability before set off - $19,459,000 and after set off - $10,875,000 (Company Official Website, 2017). The deferred tax asset and liability is created only when there are temporary differences. Deferred tax assets are recognized only when there is the probable certainty that the company will have the taxable income in the coming future years which will be able to set off the deferred tax assets so created. The carrying value of the deferred tax assets is evaluated at the end of the each year and accordingly the additions or deletions are made. The deferred tax liabilities are recognized in all the cases except the areas which involves the investments in subsidiaries, joint ventures and in case any tax or liability arises from the recognition of the goodwill individually (AASB, 2012). Both the deferred tax assets and liabilities can be offset in case it is legally enforceable and pertains to the same tax authority. Yes, the company has made the provision for income tax and mentioned as income tax payable amounting to $1,345,000. Yes, the company has recorded the current assets for the financial year ending 30th of June 2017 amounting to $33,200,000. The company has off set the deferred tax assets with the deferred tax liability amounting to $8954 because of the reason that the offset is allowable as they belongs to the same authority (Company Official Website, 2017). The difference between the current tax expense and the income tax provision is that the former includes the tax effect on the temporary differences whereas the latter only includes the tax payable on the income. No the income tax expense shown in the consolidated income statement and the income tax expense shown in the cash flow statement will not be the same. It is because of the following reasons: The tax expense shown in the consolidated statement of profit and loss account includes not only the tax expense but also the tax effects on the temporary differences. Thus it includes the deferred tax expense. Cash flow statement represents the actual inflow of cash and outflow of cash that has occurred during the period. It does not take into account the accruals. The tax expense shown in the consolidated cash flow statement will be the amount of tax which has been paid by the company during the period under consideration for which the financial statements have been prepared. After analyzing the tax expense in detail with the understanding of the deferred tax assets and the deferred tax liabilities, I have found the analysis of tax expense very interesting and easy. The companys financial statements have given the way as to how to deal with the tax expense related in different scenarios. Like in the profit and loss tax expense is different and under the current liabilities the amount of tax expense gets differs which has enable me to understand the different aspects of the tax expense in detail. Secondly the reconciliation has cleared the doubt on the tax on the accounting income as mentioned in the income tax expense reconciliation statement. Conclusion The annual report is mainly presented by the companies to the shareholders and other stakeholders of the company so that every potential investor and the existing investor can have the knowledge as to how the company is working and how far the company has ensured the transparency in its disclosure of the financial statements. The main focus of the report has been on the equity and the tax expense including the deferred tax expense. To conclude the report, it is obvious that the company is required to follow the guidelines of the accounting standards along with the Australian taxation law and accordingly shall make the best possible disclosure wherever possible. As per the analysis of the financial statements, the recommendation will be that more transparency shall be ensured in the financial statements so that every common layman can understand each and every aspect. References AASB, (2012), Income Taxes, retrieved from https://www.aasb.gov.au/admin/file/content105/c9/AASB112_07-04_COMPsep11_07-12.pdf accessed on 24/01/2018. Company Official Website, (2017), Annual report, retrieved from blueskyfunds.com.au/us/ accessed on 24/01/2018.