PASBD reflection Essay Example | Topics and Well Written Essays - 2000 words

PASBD reflection - Essay Example Due to the knowledge obtained from this unit, my presentation skills, communication, group-handling skills, decision making under both certainty and uncertainty and the much-needed problem solving skills are sharp. In the short past in the industry, we have made three presentations and one interview, made analysis, and compiled corporate reports. These trainings have made us realize our areas of weaknesses and opportunities. I have gained immense insight and training in my field based on the provisions of the unit (PASBD). My interview, teamwork, and communication skills are quite efficient. As a result I am today in a position of interacting with personalities of whatever manner. The PASBD is designed with the sole aim of developing the skills of professionals in a manner that as graduands of the course we are able to handle hard tasks with tighter deadlines and unpredictable situations (Bolton 2005). As an accountant having gone through this course, I exhibit the highest form of competency in my work. Apart from simply aiding my group members and me in getting a job, PASBD also helps me be organized in any job to an extent that I am able to grow, survive in the jobs and ultimately excel in terms of my career growth. My theoretical aspects of the course already acquired throughout the other modules of the course have been translated into practical approaches. Today I am able to adopt technological approaches to finding solutions to problems I face in the industry. At my workplace, I am able to work harmoniously in teams and achieve individual targets as well. In addition, my listening skills are quite effective and making professional or corporate presentation in our organization is just exemplary. Today, from the knowledge acquired am able to identify and solve a variety of problems whether structured or unstructured an aspect that I appreciate so much (Cartwright & Scisco

The structure and the role of the Federal Reserve Bank Term Paper

The structure and the role of the Federal Reserve Bank - Term Paper Example These banks are located in different cities of the United States of America, which include New York, Richmond, Philadelphia, Boston, Cleveland, Atlanta, Chicago, Dallas, St. Louis, Kansas City, Minneapolis, and San Francisco. â€Å"These branch banks retain reserves of currency, and each bank has its own President and board† (Smith, n.d.). The Board of Governors has also established 25 branches of the 12 Federal Reserve Banks in order to support the business activities of the Federal Reserve Banks. For each bank, there is a nine-member board of directors, which manages and controls the business activities of the Federal Reserve Bank. The members of the boards serve their respective banks for the period of three years. The Board of Federal Reserve selects three members of each board, also known as the Directors, whereas remaining six members are selected by the local member banks working in their respective districts. The members of each board are divided into three classes which are A, B, and C. Class C directors are selected by the board of governors whereas class A and Class B directors are selected by the commercial banks (Smale, 2005). The Board of Governors is the most powerful part of the Federal Reserve System. The board of Governors consists of seven members of the board and a chairperson. The President appoints the members of the board for a period of fourteen years whereas the chairperson serves a four-year contract. The Federal Open Market Committee is the third subgroup of the Federal Reserve System. It is a 12-members committee, which includes four presidents of the regional Federal Reserve Banks, the President of the New York Federal Reserve Bank, and the seven members of the Board of Governors. The basic role of the Federal Open Market Committee is to make the decisions regarding changes in the

Discuss problems arising from IAS 17 Leases Essay

Discuss problems arising from IAS 17 Leases - Essay Example In a globalized economy leasing activities are increasing in magnitude as businesses strive to improve competitiveness through cost reduction and improved quality of products and services (IFRS Foundation, 2013a). Therefore, changes in accounting standards for leasing will influence the overall preparation of financial statements. Leasing is of great significance to the business entities. â€Å"It is a means of gaining access to assets, obtaining finance, and of reducing an entity’s exposure to the risk of asset ownership† (IFRS Foundation, 2013a, p.5). Initially, the prevailing accounting model for leases required the lessors and lessees to recognize and categorize leases either as finance leases or operating lease. Also, it required them to maintain a separate account for leases. The financing lease used to finance equipment for the most of its useful life and lessee would take the ownership of the equipment after the lease period. On the other hand, operating lease financed equipment for a period less that its useful life and lessee returned the leased equipment to the lessor without any obligation of transfer of ownership. However, the model failed to fulfill the needs of users because it did not recognize assets and liabilities relating to operating leases. This led to the adoption of IAS 1 17 Leases (IFRS Foundation, 2013a). The application of IAS 17, Leases requires the lessee to establish items and maintain track of all right-to-use assets. It requires comprehensive sub-ledgers and creates the need for the establishment of discrete â€Å"property, plant and equipment sub-ledgers for the right-to-use assets† (IFRS Foundation, 2013a, p. 5). In addition, the lessee has to establish a scheme to ascertain each lease as a component of right-to-use asset category. However, the International Accounting Standards 17 (IAS 17),

Existentialist view on human nature Essay Example | Topics and Well Written Essays - 2000 words

Existentialist view on human nature - Essay Example For thousands of years, people have debated whether God exists, and most conclude that it cannot be proven. Karl Barth asserts that God â€Å"rules unconditionally and irresistibly in all occurrences. Nature is God’s servant, the instrument of his purposes. God controls, orders, and determines, for ‘nothing can be done except the will of God†. Aquinas argued that â€Å"God is impassible, unaffected by the world. Since God knows all events in advance and controls every detail, divine knowledge is unchanging and in, God there is no element of responsiveness†. In this context, an analysis of opinions expressed by different philosophers is paramount in understanding the analogy of self and being, and it is postulated that the correct answer lies in the area of abstract philosophy and the metaphysical. Existentialism is a philosophy that emphasizes the uniqueness and isolation of the individual experience in a hostile or indifferent universe, regards human exist ence as unexplainable, and stresses freedom of choice and responsibility for the consequences of one’s acts. Danish religious philosopher Soren Aabye Kierkegaard is considered as the founder of existentialism and is remembered for his critique of the systematic rational philosophy of Hegel on the ground that actual life cannot be contained within an abstract conceptual system. Kierkegaard rejected collective thinking, and insisted on the importance of the individuals and resisted the features of Hegel's tendency to mediate all oppositions and to hold out the prospect of complete understanding of god. Hegel maintained that true understanding can only be attained if one has a comprehension of 'The Absolute', and for Hegel the whole of human history and intellect constitutes a progressive self-realization of this Absolute spirit that takes place through 'dialectic.' (Stevenson, 1987, p.54). He believed that to an extent the mind has not completed its journey toward the absolute, the individual experience alienation, and a strong sense of awareness is essential to accomplish this goal. Hegel's emphasis on self-awareness in establishing self-realization is strongly reflected in existential philosophy. Marx also adopted the concept of alienation into his thinking, but maintained that such self-estrangement is a product of economic and social factors, and not of a metaphysical relationship. Rene Descartes assumed a dichotomy between thinking substance and extended substance, the ghost in the machine, and faced the problem of how we can have valid knowledge of objects if the only basis for knowledge is intuitive individual self-consciousness. Martin Heidegger believed that the individual and the world are inseparable, and postulated that 'to be' involves existing, and existing involves constant and dynamic change. Although one has no choice regarding some of the circumstances he lives in, these factors determine the context in which one exercises one's freedom and defines his/her existence. The position of the German philosopher Immanuel Kant, that the physical world did not transcend consciousness, or of objective or absolute idealism, that the world was an aspect of an absolute min d, has

Birth Control in the USA Essay Example | Topics and Well Written Essays - 500 words

Birth Control in the USA - Essay Example A recent study has proved that 42% of teenage girls living in urban society involved in sex before they reach 15 and 26% of them having sex at the age of 14 (Guttmacher Institute, 2012). The statics reveals that it would be beneficial if the young girls get the access to protective contraceptives and condoms. Elders believe that young school going students must not found involved in sex and therefore, birth control pills are not something for them (Eichner 129). According to them, if the teenage girls get the easy access to condoms or contraceptives, there is a likelihood that the trend might get reach to the peak as it will surely encourage them to have sex whether safe or not. No matter what people think, the sad part is that teenagers are not going to stop the sex activities and therefore, it would be ideal to accept the reality and allow them to have protective sex in order to counter the harsh consequence in term of pregnancy. Many hospitals and doctors have the rule of parent’s permissible note from the teenage group girls so that they can prescribe the pills. However, there are some clinics that offer birth control pills or condom with family insurance without the note to young teenage girls of age 15 and above without seeing their parents. Family insurance helps when the girl using condom or pill accidentally gets pregnant. So, the discussion is very clear that if a teenage girl wants to involve in sexual activities, she has complete right to have the access to the preventive material so that she can avoid unwanted pregnancy. It is also good for the society where a new addition is not needed for the time being from a young girl or the school going teenage girl faces a dropout.  

Nurse practitioner school Personal Statement Example | Topics and Well Written Essays - 250 words

Nurse practitioner school - Personal Statement Example I was subsequently requested to work in specialty surgery by a vascular surgeon due to my efficiency, experience, and expertise in various aspects of nursing. I did this for several years as I also worked and furthered my studies to obtain my registered nurse (RN) license. This was later on followed by working as a charge nurse in a very busy trauma center where I gained more knowledge in performing a variety of administrative and clinical duties by providing quality care nursing and coordinating total nursing care for patients and residents alike. My other duties had included implementing specific programs, procedures, and processes, expediting work flow but still ensure accuracy in quality health care, and being actively involved in many committees that recommended and implemented various evidence-based practical measures in nursing. I went on several medical missions in the past and these experiences were instrumental and influential in my desire to obtain a masters degree in nursing. Medical mission trips are very good ways to get grounded in reality and give back to underprivileged people right here within our own borders (Fahlbusch & Bromiley, 2003). The work of a nurse is quite challenging but is also extremely rewarding which is why I desire to obtain a masters degree in due

Private Wealth Management Internship Sample Writing Paper Essay Example for Free

Private Wealth Management Internship Sample Writing Paper Essay I am a business and economics major interested in interning in a Private Wealth Management institution in Washington. I plan to have a career in Private Wealth/Asset Management also known as Private Banking. Private Banks can either be a department in a larger bank or independent investment firms. In the past, they solely served wealth individuals. However, now former middle class entertainment stars, politicians, writers are now turning affluent overnight. They will need the services of a Private Banker to oversee. This is a crucial branch of the financial industry. In view of the current crisis rocking the financial and real estate markets, most property owners want to spend less and save more in case there is a recession. Therefore, Private Bankers are necessary to guide the high net worth individual to design and implement a beneficial financial portfolio for both parties. Private Bankers assist in the management of personal and business properties. First, they protect and preserve already existing assets by applying all the business or economic competencies, accounting skills and law knowledge that they acquired through education or experience, to ensure that the client’s portfolio does not diminish in value. Alternatively, they can work jointly with other professional such as lawyers and government agencies e.g. The Trust Department. Second, Private Bankers invest their client’s properties and monies in diverse investment vehicles to grow their clients’ portfolios while reducing the risks of losses and maximizing profits. Third, these Private Wealth Managers balance the investments of their’ clients with a view to finding them fair tax regimes creating enough income to cater for expenses.   Fourth, they advise clientele on personal finance decisions including the purchases of real estate, insurance etc. Fifth, some offer distinctive services such as: planned donations for charity; transfer and running of agricultural real estate; purchase, valuation, sale and administration of art collections; assessment of intellectual properties; and liquidation of royalties accrued from book or movie sales. ( Martinez and Martinez, 1-43) Initially, I want to get an internship as a Private Wealth Management Trainee in any of the major private Asset Management firms in Washington, then later move up the ladder and open up my own firm one day. Private Wealth Management is not just about multiplying dollars, but it also has a personal side, which is why I was attracted to it in the first place. It is remnant of the banking industry of the Wild West banking style when your banker was your friend and involved himself completely in the financial activities of his customers. I prefer Private Banking because of three reasons which have nothing to do with money. One is the personal service offered to the client. The Private Banker will interact intimately with his client. They share a cordial relationship based on trust. Finances are one of the most important issues in anyone’s life. Money is vital for survival. A client should be able to know who is handling this precious commodity by face and why this private banker makes those decisions for him. Two, the investment strategies are tailored to satisfy the needs of the customer. In private banking, the managers take into account the different backgrounds and goals of their clientele. Ultimately, the client is the own who determines what path his investments will take. This is because he shares his financial dreams with the private banker who designs financial plans based on these thoughts, invest the money and adjust the portfolio accordingly. Three, there is a degree of independence. The Private Banker does not work under the same time-space constraints as banker. They deal with their clients at different locations and may work in different deadline and schedules from a corporate or retail banker. They conduct business in different environments and are not confined to offices. This freedom of movement and spontaneity is very attractive to me.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As much as Private Banking is personal, the principal in private management is making profit. I know how to calculate figures and combine varied investment media in such a way as to maximize on the benefits of the market. I make an excellent Private Banker because I already have the qualities for this career. I am patient, possess great people skills, have sound business and economic training and I am not afraid of dealing with large sums of money, prime property. My greatest asset is my good rapport with people. A Private Banker needs to have a convivial relationship with his clients and that description describes to a tee.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   While in Washington I plan to research on the diverse communication and relational methods that Private Bankers employ to attract, attain, and retain clientele. This is because the emphasis of Private Banking to me is based on not just portfolio management but client management.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, Private Banking is an area of the finance industry that has lived for many years with the unfair tag of snobbery. However, I believe that Private Banking is the way of future. I predict in 10 years time Private Bankers will be in high demand as the financial market grows in complexity and the public becomes more educated about the importance and relevance of asset or wealth management to assure their current financial freedom and that of their loved ones. Bibliography Martinez, Mike. and Michael, Martinez. Vault Career Guide to Private Wealth Management. Vault Inc. 2007.