Category: Sample Essays

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Essay: Standard Setting by IASB

Sample Essay

We can see that standard setting is very effective by IASB and other standard setting bodies in times of economic crisis. It has helped to restore some level of confidence among the investors, for example through the dealing with the fair value measurement problem. It had been a long existing one and the IASB has now approached the issue by providing a more clear definition of fair value and providing guidelines for its dealing in illiquid markets.

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Essay: Standards of Accounting

Sample Essay The standards that are taking such widespread importance today came into formation after the sixties so as to promote the integrity of the accounting profession through allowing uniform data to be presented by standardizing the way the books were kept. This enabled the boost in confidence regarding the financial data among the stakeholders and made them easy to comprehend, comparable with other companies’ data and reliable to the needs of the people involved. (more…)

Essay: Right to Privacy and Media

Sample Essay Accounting regulators debated whether Apple’s concealment of the health situation of their CEO, Steve Jobs in 2009 constituted accounting fraud as his particular health situation can be considered material information for investors of the company. Here, releasing information about Jobs’ health, an inherently private piece of information, may actually have more advantages than drawbacks. Therefore, it should be released to the public for broader benefit. (more…)

Essay: Teen Pregnancy Issues

Sample Essay The teenagers at their age do not earn much and are usually supported by their parents. However, a teenage pregnancy brings problems in the form of restricted opportunities available for education in the future, constraint financial standing as well as increased anxiety and frustrations amongst the teens. Teen pregnancy is also closely related to the increase of lost tax revenues, increased spending n public assistance as well as money spent for foster care and the criminal justice system. Juvenile crimes also increase as teen parents strive to support their children. However, the most important effect of teen pregnancy is that it tends to rob the teens of their childhood, forcing them to grow up. This can have complications in the future life of these teens when they are dealing with children themselves. (more…)

Essay: Operations of USPS

Sample Essay The kind of mail that is being sent through the USPS includes greeting cards, postcards, letters of correspondence. The kinds of mail that are being sent through the USPS in 2007 pertain to the correspondence between citizens and government bodies with the population. Aside from this the corporations also make use of the postal service to send bulk letters, pamphlets, and memos. The USPS is also handling the courier of parcels and packages for government and corporate clients. However, their clients use both private couriers' services as well as USPS. (more…)

Essay: Meditech Company Issues and Solutions

Sample Essay The problems that are being faced by the Meditech Company can be fixed by implementing a centralized and integrated supply chain management system for the Meditech Company. An example of a company using supply china management system to manage its inventories is that of Permstar which uses the Kinaxis based rapid response planning engine. “In April 2006, they decided to use RapidResponse which offers the constant monitoring of their supply chain while allowing quick responses to events.  The new software also paved the way to a better process since it required close coordination between program managers, planners and buyers” (SanFilippo, 2006) (more…)

Essay: McDonalds Corporation

Sample Essay The McDonalds Corporation is a fast food retail chain which has been operating in the diverse market around the world. The company has been very successful in establishing its global operations in the international market. While most of the restaurants that come under the McDonalds umbrella are franchises of its burger and fast-food chain, the company also owns a separate brand name called ‘The Boston Market’ which heads a different line of restaurants. (more…)

Essay: Market Capitalization of Coca Cola Company

Sample Essay In the recent past, Coca Cola Company was the one which had the most market capitalization, which was leveraging its performance, its profitability as well as the market share increase for the company. However in the recent past the company has experienced that PepsiCo is fast catching up to the company. “Today, Pepsi generates about 23% of its worldwide profit from carbonated soft drinks while Coke generates about 85% of its profit from carbonated soft drinks such as Coca-Cola and Diet Coke, Levy says. (more…)