...Historical Periods Malika Flowers, Debbie Cruz, Kiara Pridgett, Gilbert Rendon, Esjar Magana HUM/100 March 20, 2013 Anthony (Tony) Pitucco Historical Periods Paper We are going to explore the ways in which the humanities reflect changing concepts of nature and the individual in different historical periods. The Early Ages The Early middle ages we defined by religious growth in Christianity. It was between 500-1000 C.E. that this age occurred. Throughout this time stability was significant. For the duration of this era Eastern Europe was combating against the Arabs and Western Europe was under physical attack from Germanic clan. The High Ages According to "Defining The Middle Ages " (2013), “The High Medieval Era is the period of time that seems to typify the Middle Ages best. Usually beginning with the 11th century, some scholars end it in 1300 and others extend it for as much as another 150 years. Even limiting it to a mere 300 years, the High Middle Ages saw such significant events as Norman conquests in Britain and Sicily, the earlier Crusades, the Investiture Controversy and the signing of the Magna Carta. By the end of the 11th century, nearly every corner of Europe had become Christianized (with the notable exception of much of Spain), and the Papacy, long established as a political force, was in constant struggle with some secular governments and alliance with others.” The High middle ages brought forth an era fill with Christian followers. When the northern...
Words: 508 - Pages: 3
...Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3, No 8, 2012 www.iiste.org COMPARATIVE ANALYSIS OF FAIR VALUE AND HISTORICAL COST ACCOUNTING ON REPORTED PROFIT: A STUDY OF SELECTED MANUFACTURING COMPANIES IN NIGERIA BESSONG, PETER KEKUNG and CHARLES, EFFIONG DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT SCIENCES UNIVERSITY OF CALABAR, P.M.B.1115, CALABAR, CROSS RIVER STATE, NIGERIA Tel: +234 8037079607 ABSTRACT This study aimed to critically examine the effects of fair value accounting and historical cost accounting on the reported profits. However, since the major objective of any business organization is to make profit and continue in business, what they face in the course of doing their business and the method of accounting they use in reporting their profit may make this noble objective to be unrealistic particularly during inflationary period. Data were collected from both primary and secondary sources and presented and analyzed using ordinary least square. The study revealed that both historical cost and fair-value accounting have significant effect on reported profit. Conclusively, Based on the findings of the study, it is concluded that the amount calculated as depreciation, charged as taxes and paid as dividends greatly influence the operating profit of the company. This simply means that the method of profit measurement will greatly influence the amount charged as taxes, depreciation and dividend on the profit of...
Words: 12475 - Pages: 50
...[pic] Nikki ham HISTORICAL ANALYSIS PAPER OCTOBER 2, 2014 Abstract The New Deal was a series of domestic programs geared to help the unemployed, the poor, and African American citizens during President D Roosevelt’s tenure. The New Deal was described by many as the relief, recovery, and reform act. The New Deal prevented many Americans from going hungry doing the great depression. While some say that the New Deal was the stepping stone for reform in America, many African Americans, could argue against this. The New Deal in its early formation did nothing to impact the racial barriers in the African American community however as it developed it did share light on the racial tensions that African Americans suffered during this era. It not only showed that the racial tension existed it showed that they existed on a higher level than just a county level. That it was now an issue bigger than county it was now an as a global issue. The New Deal prevented most citizens in America during the Great Depression from starving…“It reformed national institutional structures to meet the massive needs of millions of Americans in poverty (Marx, J.D., Broussard, C.A., Hopper, F.A., & Worster, D. 2010. Social Work and Social Welfare: An Introduction).” Although the New Deal met the needs of several Americans, it had little impact on the African- American community. It did not bring to an end the tremendous injustices that African ...
Words: 690 - Pages: 3
...Running head: TRACING THE NATURE OF SEMANTIC CHANGE Tracing the Nature of Semantic Change Shahrin Akter 1521358655 Department of English North South University Tracing the Nature of Semantic Change Introduction Language never stands still. All living languages are continually changing over the course of time due to social, cultural, environmental, historical and linguistic factors. Semantic change is one of the major phenomenon of language change. Basically, semantic change deals with the change of the original meaning of a word as well as the development of a new word which is reflected in the way the words are being used. This paper mainly puts an insight to the major causes of semantic change as well as trace the traditional classification made by various scholars. According to Varshney, “The main factors responsible for semantic change are vagueness in meaning, loss of motivation, polysemy, ambiguous contexts and the structure of the vocabulary”. (p. 284). Over the passage of time, people use words in a new context. Hence the meanings of the words are changing gradually, often to the point that the new meaning is radically different from the original usage. For instance, the word ‘awful’ originally meant ‘awe-inspiring, filling someone with deep awe’, as...
Words: 2548 - Pages: 11
...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Other Topics Historical Materialism In: Other Topics Historical Materialism INTRODUCTION "In the Marxian view, human history is like a river. From any given vantage point, a river looks much the same day after day. But actually it is constantly flowing and changing, crumbling its banks, widening and deepening its channel. The water seen one day is never the same as that seen the next. Some of it is constantly being evaporated and drawn up, to return as rain. From year to year these changes may be scarcely perceptible. But one day, when the banks are thoroughly weakened and the rains long and heavy, the river floods, bursts its banks, and may take a new course. This represents the dialectical part of Marx’s famous theory of dialectical (or historical) materialism." Historical materialism is a methodological approach to the study of society, economics, and history first articulated by Karl Marx (1818–1883) as the materialist conception of history. It is a theory of socioeconomic development according to which changes in material conditions (technology and productive capacity) are the primary influence on how society and the economy are organised. Historical materialism looks for the causes of developments and changes in human society in the means by which humans collectively produce the necessities of life. Social classes...
Words: 449 - Pages: 2
...In this paper an excerpt titled “Theoretical” from Engels’ Anti-Dhüring will be examined in reference to Engels’ ideologies regarding materialism, the social work order, and the fundamental problems confronted in the clash between the social production and capitalist appropriation. In the chapter titled Theoretical, Engels lays out the basic conflict between what we know as socialism and capitalism, doing so by first examining what he calls the “Materialist conception of history” (Engels 1939, p. 292). In his materialistic history he claims that the exchange and bartering of products, and their production is the “basis of every social order” (Engels 1939, p. 292). He states that in every society that has ever appeared in history, the distribution and production of goods and the division of society into estates and classes is “determined by what [and how it] is produced… and the exchange of [said] product.” (Engels 1939, p.292) Thus, according to Engels, the basis of our society revolves around production, and consumption, which can clearly be seen even today. Historical Materialism can then be defined as the forces of production, the exchanges of products, and the division of labor according to one’s ability to produce. However in society, often people live from the work of others often called the Bourgeoisie by Engels (p. 292), and it is because of the capitalist mode of production that such a ruling class could be created, and benefit from the work of others. It is here then...
Words: 1389 - Pages: 6
...ANALYSIS OF BIOLOGICAL ASSETS VALUATION WITH FAIR VALUE ACCOUNTING AND HISTORICAL COST ACCOUNTING METHOD IN PLANTATION SUBSECTOR OF INDONESIAN AGRICULTURAL INDUSTRY IN THE PERIOD OF 2007-2012 Karina Putri Ramadhani1 and Indra Pratama2 1 Thesis Writer, Swiss German University 2 Thesis Advisor, Swiss German University Abstract The analysis of biological assets valuation with fair value accounting and historical cost accounting method in plantation subsector of Indonesian agricultural industry, in the period of 2007-2012, tries to evaluate the relevance of historical cost towards the fair value of biological assets. It also tries to look for empirical evidence on the differences in calculations on biological assets between FVA and HCA toward company’s EBIT, net income, and potential tax liabilities. The research tests 5 companies within the plantation subsector in agricultural industry listed in Bursa Efek Indonesia (BEI). This study shows that there is a strong correlation between all variables tested. Among all statistical tests conducted, all hypotheses are rejected. This study concludes that the historical value of biological assets does not represent its real fair market value, or irrelevant. Also, the change in biological assets valuation from historical cost to fair value accounting would significantly affect the company’s EBIT, tax expense, and net income. Keywords: Fair Value, Historical Cost, Agricultural Industry, Plantation, Fair Market, EBIT, Tax Expenses, Net Income...
Words: 3520 - Pages: 15
...justification by faith. Unlike the Christian teachings during his time, Luther affirmed that the Christian righteousness is only acquired from without. He suggested that the righteousness not only comes from Christ but is also Christ’s righteousness that is ascribed to Christians through faith. In this regard, Luther explored the dissimilarities between the righteousness accorded to Christians as a gift through faith and Christian’s own proper righteousness which works in the power of the gift through Jesus to do different works of mercy and love. Consequently, Luther presented a Latin phrase that further described Christian justification, “Simul Justus et Peccator” which is directly interpreted as “simultaneously just and sinners.” Therefore, this paper will explain and evaluate Martin Luther’s ideas of the double righteousness possessed by Christians using his commentaries on Galatians and Romans as well as his 1519 sermon on two kinds of righteousness. Luther’s ideas on Simul Justus et Peccator and Justification Luther’s sermon on the two kinds of righteousness is associated with the reformers belief of salvation and living by faith and not works. The original justice presented by Luther is the alien righteousness that comes from without. This kind of righteousness is the righteousness of Jesus Christ and is ascribed through faith. Luther quotes the Bible in John 14:6 where Jesus Christ says ‘I Am the way, the truth, and the life.’ this form of righteousness is accorded to people...
Words: 2814 - Pages: 12
...Abdinasir hussein Soc 401 Professeor Roberts Mid-term paper Freud and Marx will never be forgotten as their legacies carry on through their respective theories. Each of their theories are extensive however, for the purposes of this essay I will compare and contrast their theory regarding freedom and the relationship between the individual and society. Freud and Marx, it can argued were both, as individuals, dissatisfied with their societies. In the process of discussing both Freud’s and Marx’s positions regarding these areas of focus their answers to the following question will be evident and their reasoning explained. Is it possible for human’s to create a society that would not cause so much suffering and, therefore maximize the happiness of all individuals in society? Or in other words, is the desire for freedom and pleasure of the individual irreconcilable with the needs and demands of society? Freud’s response is no. Marx’s answer is yes. In the following paragraphs I will provide a synopsis of Freud’s main argument in Civilization and It’s Discontent and in doing so explicate his support for his answer, then I will do the same for Carl Marx in the Marx / Engels Reader, and lastly I will discuss which theory I find more persuasive and why. Since it is necessary to discuss and define key concepts and terms in order to understand Freud’s support for his answer I will give a synopsis of the book titled Civilization and It’s Discontents. Freud begins this book by defining...
Words: 2704 - Pages: 11
...1950s, climatologists began to establish synoptic climatologies based on this idea in 1973. Based upon the Bergeron classification scheme is the Spatial Synoptic Classification system (SSC). There are six categories within the SSC scheme: Dry Polar (similar to continental polar), Dry Moderate (similar to maritime superior), Dry Tropical (similar to continental tropical), Moist Polar (similar to maritime polar), Moist Moderate (a hybrid between maritime polar and maritime tropical), and Moist Tropical (similar to maritime tropical, maritime monsoon, or maritime equatorial). Historical geography is the study of the human, physical, fictional, theoretical, and "real" geographies of the past. Historical geography studies a wide variety of issues and topics. A common theme is the study of the geographies of the past and how a place or region changes through time. Many historical geographers study geographical patterns through time, including how people...
Words: 318 - Pages: 2
...Assignment 2 1. On February 7, 2014, a subsidiary sold land to its parent for $25,000, and showed a loss of $4,000. The parent sold the land to an outside party in 2018 for $30,000. At what amount should the land be shown on the December 31, 2014 consolidated balance sheet? How much gain/loss on the sale of the land should be reported on the 2018 consolidated income statement? Prepare the working paper entry (in journal entry format) for the intercompany sale for the parent and its subsidiary for the years ended December 31, 2014, 2015, and 2018. 2014 Land $4,000 Intercompany loss on sale $4,000 2018 Loss on sale of land $4,000 Retained earnings $4,000 2. Sally Corporation (a 75%-owned subsidiary) owned a truck with an original cost of $12,000. It had been depreciated for $7,500 in the last 5 years on the straight-line method with 8 years of life and no salvage value. On January 1, 2014, Sally sold the truck to its parent, Paulson Company for $5,280. Prepare the working paper entry (in journal entry format) for the intercompany sale for Paulson Company and subsidiary for the years ended December 31, 2014 and 2015. 2014 Intercompany gain on sale of truck $780 Truck $780 Accumulated Depreciation $260 Depreciation expense ...
Words: 414 - Pages: 2
...states that fair value takes over for the old, worn out system of keeping books at historical value. She talks about how using fair value makes account more reliable. Also, it was believed fair value accounting was part of the reason the stock market crashed in 1929. Another point that Karthik had was why people actually support fair value. Fair value replaced the old, worn out system of keep books at historical value. With historical value, you never really need to record anything if the price becomes cheaper. It is a way for your assets to look larger than they actually are. If you record an item at fair value, you are normally reducing that value, so you are also reducing your assets. Sometimes you must actually increase the value because you paid less for the item than it is now worth. Fair value also helps with an insurance policy. If you have something that is stolen, and you do not get a settlement from your insurance company, you record the loss at the adjusted fair value. Fair value is a more reliable form of accounting, at least according to some people. It is believed that if someone is using the real cost on the books, it’ll mean that they are more accurately reporting what they have. Others believe that historic costing is more reliable because you are accurately showing what the product WAS worth. I believe that you should always use the fair value of a product, because historical costing can be overstated. If you are going to make sure that you are accurately portraying...
Words: 662 - Pages: 3
...Worldview Analysis Essay The institution of family and marriage was at one point one of the strongest institutions between two people that existed in the world. However, due to process philosophy, we can now see that same institution is being attacked and transformed into something that God objects to. As Christians, the Bible is our way to better understand and worship God. If we explore the ESV version in Genesis 2, we see God made man and woman and said that they “shall become one flesh”. Karl Marx however, offered up a different approach. Marx was an Atheist and therefore did not believe in God or the word of God (Martin, 2006). Marx’s atheistic teachings created a succession of process philosophers that eventually brought us to our current situation. By not believing in or following God’s word or established institutions, in this case the family and marriage, humans begin to go against God and away from God. In today’s world, the news headlines are filled with results of process philosophy; homosexual “marriages” being legalized, divorce rates are sky high, domestic violence rates up above normal, etcetera. The biggest of the issues in my opinion that involves process philosophy is the national legalization of homosexual “marriages”. The phrase most frequently used is “gay marriage”. This wording however does not align within a biblical worldview because marriage is between a man and woman. “You shall not lie with a male as with a woman; it is an abomination” (Leviticus...
Words: 909 - Pages: 4
...ВЫСШЕЕ ПРОФЕССИОНАЛЬНОЕ ОБРАЗОВ АНИЕ И. В. ЗЫКОВА ПРАКТИЧЕСКИЙ КУРС АНГЛИЙСКОЙ ЛЕКСИКОЛОГИИ A PRACTICAL COURSE IN ENGLISH LEXICOLOGY Рекомендовано Учебно методическим объединением по образованию в области лингвистики Министерства образования и науки Российской Федерации в качестве учебного пособия для студентов лингвистических вузов и факультетов иностранных языков 2 е издание, исправленное УДК 802.0:801.3(075.8) ББК 81.2Англ 3 я73 З 966 Р е ц е н з е н т ы: доктор филологических наук, профессор кафедры стилистики английского языка Московского государственного лингвистического университета Е. Г. Беляевская; доцент кафедры английского языка Московского государственного лингвистического университета Т. В. Тадевосян; кандидат филологических наук, доцент кафедры английского языка Московской государственной юридической академии А. В. Дорошенко Зыкова И.В. З 966 Практический курс английской лексикологии = A Practical Course in English Lexicology : учеб. пособие для студ. лингв. вузов и фак. ин. языков / Ирина Владимировна Зыкова. — 2 е изд., испр. — М.: Издательский центр «Академия», 2007. — 288 c. ISBN 978 5 7695 4062 2 Учебное пособие охватывает всю программу курса лексикологии анг лийского языка. В нем рассматриваются важнейшие проблемы лексико логии в свете ведущих принципов современной лингвистики. Введение в теоретические проблемы курса осуществляется на фоне обобщающего описания основ лексического строя английского языка. Каждый раздел пособия снабжен вопросами...
Words: 3488 - Pages: 14
...Marxism Today Student’s Name University Affiliation Marxism Today Identify an emerging country and discuss why Marxism might be an option for the country and discuss how Tocqueville may view the country if he were to visit it today. Karl Marx is considered as the father of communism (Wright, Levine & Sober, 1992). He is an individual who has made a lot of contributions in policies of the economy as well as various writing that he has made. This has especially influenced many of the leaders in the emerging countries especially in the way that they run their economies. The main idea that was raised by Karl Marx is that of communism that is highly applied in countries such as china and Korea and has been a major contribution to the prosperity if these economies. He advocated for the unity of the workers. Emerging countries on the other hand are defined as that is on the road attaining industrialization. The theory of Karl Marx can be highly applicable to these economies to help them in the process of industrialization. The country we are going to focus on in this assignment is India. India is considered as in of the emerging economies in the world that for a very long time had practiced capitalism on a very large scale and it is recently losing the sense for the capitalism system. India has been struggling with its economy in terms of bringing about economic growth and also in the terms of providing quality standards of living for their people and this has been caused...
Words: 724 - Pages: 3