Role of the Accounting Profession

Question: According to Gleeson-White (2014, pp.179-80), For Ian Ball, the then head of the International Federation of Accountants, what was most remarkable about the 2009 meeting at St. Jamess Palace was not the range of players it drew together great though it was but the level of agreement that the need for improved reporting was important, was urgent, and needed immediate action. Eight months later, on August 2, 2010, the IIRC was launched by the Princes Accounting for Sustainability Project and the Global Reporting Initiative. The world has never faced such challenges, its press release declared. And the accounting quandary it faces, said Prince Charles, is that we are battling 21st century challenges with, at best, 20th century decision making and reporting systems. In response, the IIRC aimed to create a globally accepted framework for accounting for sustainability[emphasis added], one that brings together financial, environmental, social and governance information in a clear, concise, consistent and comparable format put briefly, in an integrated format. Your text includes discussions on People, Planet and Profit. According to your text, sustainable business practices present numerous issues for management and managerial accountants (p.20). Required: In your view, what role can the accounting profession play in accounting for sustainability? Identify any problems, challenges and opportunities that the profession may encounter in this process. Answer: People, Planet and Profit are typically called the Triple Bottom Line (TBL) entities to be taken care of when conducting business. It is an accounting framework which apart from the financial part also involves societal and environmental considerations. Triple Bottom Line is a financial framework with Environmental, societal and financial parts. Many companies have embraced the TBL framework to assess the functionality in more comprehensive view to generate better economic value. A good example of a business looking for a Triple Bottom Line will be a non profit society oriented business, but earning money by providing chances for underprivileged people that have been stamped not employable. The entity ploughed back into the community, and brings in a gain, which can be commanded by a volunteer Board. The societal gain is the lowering of the society's welfare or impairment prices, and the significant employment of disadvantaged citizens. Environmental advantage is realised from the churn carried through. In Societal sector, a dedication to Corporate Social Responsibility (CSR) indicates a promise to clear disclosure on the surroundings and individuals about the entity material impact for good. Triple Bottom Line reports this material impact. That is unique compared to small changes needed to cater just with problems that are environmental. The Triple Bottom Line has additionally been expanded to encompass four columns, known as the Quadruple bottom line. A future oriented strategy is denoted by the fourth column. It's a long term prognosis that sets sustainability concerns and sustainable development apart from preceding societal, environmental, and economical factors. The quandry of getting the TBL relate to the measurement of environmental and societal classifications. Despite this, the TBL empowers entities thereby assess the future impacts of decisions and to adopt a longer term view. In 1987, the Brundtland Commission of the UN defined sustainable development . Triple Bottom Line (TBL) accounting expands the conventional reporting framework to take into account social and environmental performance in addition to economic performance For disclosing attempts firms might exhibit their dedication to corporate societal obligation (CSR) throughout the following; Top level participation (Chief executive officer, Board of Directors) Coverage Investments Plans Signatories to standards that are voluntary TBL requires that the obligation of a firm rests with stakeholders as opposed to investors. In accordance with the theory above, the entity be the medium for organizing stakeholder interests, rather than optimizing stockholder (owner) gain. "Individuals" relate to fair and favourable economic conduct toward labour and area wherein an entity conducts its business. TBL entity additionally generally seeks to return by leading to increase and the strength of its society with certain items like schooling and medical care. Quantifying this important thing is debatable, comparatively new and frequently subjective. A TBL business strives to help the natural course at the minimum eliminate damage and reduce environmental impact. Its ecological footprint is reduced by a TBL endeavour by, among other stuff, reducing manufacturing waste and carefully handling its use of energy and non renewable also as leaving waste less hazardous before losing it in a safe and lawful way. Birth to serious is uppermost in the ideas TBL production enterprises, which generally run a life-cycle analysis of items to ascertain what the environmental price that is true is from harvesting and the increase of input materials to make to distribution by the end user to ultimate disposal. Presently, the price of disposing of hazardous products or non degradable is borne elsewhere and in environment by the citizens proximate to the disposal site and financially by authorities. TBL expects that society should not give an company which makes and promotes a product that may create a waste issue a free ride. It'd be fairer for the entity which sells and produces a debatable merchandise to share the price of its ultimate disposal. TBL businesses avoid ecological harmful practices, like excess fishing and other depletions of resources. Frequently environmental sustainability is the more beneficial for a entity in the long term. Debates of being ecologically sound are amenable when the course of the entity is assessed over an amount of time. Typically, sustainability coverage metrics standardized and are quantified for environmental problems than for societal ones. Numerous registries and revered reporting institutes exist including others, CERES, Institute 4 Sustainability and the Global Reporting Initiative. The important thing is similar to the concept of Eco capitalism. Gain is the monetary value generated by the business after deducting the price of all input signals, including the price of the capital tied up. It thus differs from conventional bookkeeping terminologies of profit. Within a sustainability framework, in the first concept, the gain facet should be viewed as pecuniary advantage appreciated by the hosting country. It's the real economical impact the business has on its economical surroundings. This really is frequently mistaken to be restricted to the internal gain made by a business or entities. Thus, TBL strategy can't be construed as purely conventional corporate bookkeeping gain plus environmental and societal impacts unless the profits of other things are contained as an advantage that is societal. Post the revealing of the Triple Bottom concept, professionals and students have sought clarification on how principals can be assessed. Business being followed by him supported the concept of TBL; Reaching out to untrained market possible; TBL businesses can find when cash alone was the driving variable financially lucrative markets that have been missed. Developing strategies that are money-making to help present NGOs such as fundraising with their assignments, reaching customers, or making marketing situations with numerous NGOs. Giving services or products which benefit under privileged populations and the surroundings that are not financially unprofitable. Adjusting to new business industries; whilst the number of social enterprises is growing. In the UK specifically, the Health Observatory has performed an official program to address societal shortages through a complete comprehension of what cultural capital is, appearance in a real neighbourhood, and losses having a characteristic to need both financial capital and substantial political and societal focus from volunteers and experts to help work out. Since World War II, information on which they depend on is all pervasive. Such type of studies are undertaken in North America. Studies of the value of Earth have attempted to discover what might make up an environmental or natural life shortage. Kyoto Protocol depends on value of human life computations that, among other stuff, are explicit on the report of the cost of a human life between created and creating countries, and relies on some measures of this kind. While the purpose of this number was to just delegate duty for a clean-up. In accordance with the IPCC, they may be consequently obliged to pay 15x life for preventing a damage of every such life to change in climate, Kyoto Protocol seeks to apply just this method, and is hence occasionally mentioned as an initial thrust towards enabling nations to accept proper obligation for harm conducted on environment shared worldwide. EU undertakes some steps towards its currency incorporation to common sizereport of societal and environmental losses in this kind of manner as to appear to support in principle the idea of accounts that are incorporate, for these shortfalls. While a lot of people agree with preservation of the surroundings and the need for great social states, there will also be many who differ with the double main point here as the means to improve these states. Reductive system; Simultaneously the surroundings come are countered as an externality or history characteristic, an externality, which tends not to have its definition, is built into by the human measurement. Alternate strategies, like Circles of Sustainability, that address the economical as a societal realm, and with regard to cultural, political, environmental are now being considered as more suitable for understanding cities, associations and areas. Inertia; issue of reaching international deal on policy that is coincident may provide such methods, counselling and therefore unenforceable. For eg, individuals may not be amenable to take even prolonged downturn or a melancholy to replenish lost ecosystems. Matching ecology with surroundings; TBL sometimes appears to be neglecting environmental sustainability with ecological results, where in fact both social and economical utility depends on environmental well being. While green washing is old, its use has grown over the last few years to cater to consumer interest in eco-friendly goods and services. Lax enforcement compounds the difficulty by regulatory agencies like the Competition Bureau in Canada, the FTC in the US, and the Committee of Advertising Practice and the Broadcast Committee of Advertising Practice in the UK. Critics of the practice indicate that the increase of green washing, paired with unsuccessful regulation, leads to consumer disbelief of all claims that are eco-friendly, and reduces the power of the customer in pushing firms toward more eco-friendly options for production procedures and entity process. Profit, planet and people has led to laws alters around the globe, usually through social investment or social enterprise or throughout the launch of a fresh legal form, the Community Interest Entity. And complied by the Government of Western Australia, but its status have been reduced to minimum by Colin Barnett and following prime ministers Alan Carpenter and are in uncertainty. Only when firms measure their environmental and societal impact will we've organisations that are socially and environmentally accountable. References Academia.edu. (2016).'Accounting for Sustainability; Combining Qualitative and Quantitative Research in Developing Indicators. Forbes.com. (2016).Forbes Welcome. Ibrc.indiana.edu. (2016).The Triple Bottom Line; What Is It and How Does It Work?. Scerri, A. (2012). Ends in view; The capabilities approach in ecological/sustainability economics.Ecological Economics, 77, pp.7-10.

Report Sustainability Management Practices -Myassignmenthelp.Com

Question: Discuss About The Report Sustainability Management Practices? Answer: Introduction In the modern world, there are several industries that are functioning proficiently in order to make profits and to stay alive in the market. The organizations make use of extensive strategies and thereby improve their business operations. With the advent of time, organizations have looked towards different aspects and thereby improve their business functions and one such aspect has been concentrating on sustainability (Fonseca, McAllister and Fitzpatrick 2014). This paper would therefore look towards the sustainability aspect of IKEA and the products and services they offer. IKEA is a multinational privately held organization which was established in the year 1943 and has its headquarters in Netherlands. The company is mainly focused on designing, assembling and selling kitchen appliances, furniture and other home accessories. The organization has been one of the worlds largest retailer of furniture and the organization is known for their focus on cost management, operational details and sustainable development of their products (Ceulemans, Molderez and Van Liedekerke 2015). These have been the aspects with the help of which the company has been able to maintain the prices of their products lower than the market (Cho et al. 2015). Most of the retail outlets of IKEA is owned by INGKA, which is one of the healthiest foundations globally. This report is therefore constructed in order to have an idea about the various products and services that have been offered by the company and the strategies and the plans that have been undertaken in accordance to the sustainability aspect. The report would even focus on the source of the raw materials that are exploited by the organizations in order to gather quality raw materials at a cheaper price. The paper would even examine and assess the discrepancies that are existent in the annual report of the firm and thereby take steps to improve the same. IKEA Sustainability IKEA has their vision of establishing a better life for many individuals. The business idea of the organization has been to blend in the effective forms, quality and functions with a sustainability that is built in at such lower prices that many individuals would be able to afford them and thereby would be the foundation towards the contribution to enhanced homes for individuals having ordinary income. The organization wants to economise their resources as they do not want stay wasteful and always looks to gain more from the less. This strategy has been going on from the time when the organization was established when the main objective of the firm has been to exploit most of the scarce resources at their disposal (del Mar Alonso-Almeida et al. 2015). This has been influential in the development of the distribution and the range of the product and the solution for the sales. The idea of the business, vision and the value of the firm were the initial point for the development of the e nvironmental inventiveness for the company. IKEA is a business that is driven by value with a culture that is reliant on strong values that dares to be different and looking to meet the reality. The value and the culture shape the process in which the company goes through their business activities in order to establish a strong desire to the correct thing. The firm does their best in order to maintain the best ethical standards and to be an effective partner in the community. The sustainability in IKEA looks to ensure the economic, social and environmental wellbeing for the current and future time period. It explains the means to attain the demand and need of the community and the individual without sacrificing the capability of the future generations in order to attain the needs by acting in the long term interests of various individuals (Junior, Best and Cotter 2014). It talks about the residing within the limits of the globe and safeguarding the environment. It explains promoting and advertising a healthy and strong society where individuals can prosper and develop themselves in order to attain their potential. IKEA looks to function with the three transformational drivers that will change their business thereby making them even more sustainable, developing the potentiality of growth, finding out new opportunities for a business and aids in creating a better day to day life for various individuals. The drivers are: Enable and inspire customers to have a more sustainable life at home. Hence, the company takes the initiative of promoting and developing the products and the resolutions that aids the customers to generate and save energy, sort and minimise the level of waste at the most lowest price possible (Barkemeyer, Preuss and Lee, 2015). Endeavour for the energy and resource independence by safeguarding the long term entry to the sustainable raw materials by having a positive effect in the societies from the where the materials are sourced and making use of these resources within the limitation of the planet. The company wants to manufacture the optimum level of renewable energy as the energy that is consumed drives the energy effectiveness in the overall value chain (Ikea.com. 2018). Taking the initiative in constructing an improved life for the societies and the people that has been effected by IKEA. Additionally, the company tries to outspread the code of conduct within the value chain and try to be a good neighbour assist the human rights and perform for the most effective interest for the children. Products and Services IKEA has the vision of establishing an everyday life for a huge level of people. The company makes this possible by giving out a huge range of products of a well-constructed, operational homes furnishing products at very reasonable prices so that most of the individuals can afford them (Hahn and Llfs 2014). In order to attain this vision, a well-constructed, functional and practical furnishing products are delivered in the target market. IKEA has therefore incorporated a blend of various strategies in their business activities. IKEA provides a wide extent of product that is related to the financial products and has over 1200 items. This huge level of products have mainly been due to the fact that the company outsources their manufacturing process. The firm takes assistance of the cheap sources of manufacturing that are available globally in the market. IKEA has constructed a Strategic Centre Enterprise where it operates at the core of the alliance network (Ehnert et al. 2016). The database has the source of various cheap manufacturers who supply IKEA with the required manufacturing that is essential for all their home furnishing. However, if the manufacturing can be undertaken at a lower cost to the industry and this will be seen in the overall price of the finished goods. IKEA even provides various services to the customers as well like they have their own home delivery services (Ikea.com. 2018). The company provides home delivery service to the customers in association to the products that have been bought and thereby satisfying the customers. The products are flat packed and constructed in such a manner that they can be easily transported at a lower price from the retail outlet. The products that have been purchased are even assembled by the company at the location of the customer so that they can make use of the product effectively without taking the worry of assembling the product at home themselves. IKEA even has products that are related to the kitchen and the bathroom and therefore installation of these products are even provided by the firm. The payment method of the firm is very simple and easy and thereby payments can be made through various methods. The return policy of the firm is even very simple and if the customer wants to replace their purchased product they are given a time period of 15 days within which the return policy will be undertaken and no extra charges would be applicable. IKEA Raw Material Source The company looks to obtain their raw materials from several sources and have a team that assesses the global market with the help of which they can discover the reasonable and cheap raw materials so that the prices of their products can be maintained (Prez?Lpez, Moreno?Romero and Barkemeyer 2015). The company has a unique manufacturing strategy and therefore outsources the manufacturing process. They have various small manufacturing companies from whom they outsources their products and thereby maintains a lower price. The company in some cases provides the raw materials to the manufacturers and in certain cases the raw material is used by the manufacturer themselves. IKEA has the objective of preserving their quality and therefore takes the effort of assessing the products that have been manufactured and only accepting the product that is according to their standard (Calabrese et al. 2016). Annual Report Discrepancies IKEA has the aim of maintaining effective operational activities and therefore undertakes actions in order to mitigate any issues that are available. The company constructs their annual report in order to provide a declaration about their financial and operational activities to the stakeholders (Kozlowski, Searcy and Bardecki 2015). The company tries to communicate the revenues that have been used in order to make the stakeholders aware of the operational activities. The annual report has not properly disclosed the dividend per yield to the stakeholders properly and therefore discrepancies were present. The costs related to outsourcing have not been represented individually and therefore this creates a fault in the annual report. The stakeholders therefore do not have knowledge about these expenses and this may create issues in the future. Conclusion The assessment of the operational and the financial accounting activities of IKEA indicates that the company has been functioning effectively and has been taking various measures with the help of which they can enhance their business and maintain competitive edge. The sustainability of the firm plays a key role with the help of which they are able to attract the individuals and the society and thereby making them loyal to the customers. The product and services that are offered are unique and raw materials are purchased from the best sources thereby making the firm one of the leaders in the furniture business. Reference List Barkemeyer, R., Preuss, L. and Lee, L., 2015. On the effectiveness of private transnational governance regimesEvaluating corporate sustainability reporting according to the Global Reporting Initiative.Journal of World Business,50(2), pp.312-325. Calabrese, A., Costa, R., Levialdi, N. and Menichini, T., 2016. A fuzzy Analytic Hierarchy Process method to support materiality assessment in sustainability reporting.Journal of Cleaner Production,121, pp.248-264. Ceulemans, K., Molderez, I. and Van Liedekerke, L., 2015. Sustainability reporting in higher education: A comprehensive review of the recent literature and paths for further research.Journal of Cleaner Production,106, pp.127-143. Cho, C.H., Laine, M., Roberts, R.W. and Rodrigue, M., 2015. Organized hypocrisy, organizational faades, and sustainability reporting.Accounting, Organizations and Society,40, pp.78-94. del Mar Alonso-Almeida, M., Marimon, F., Casani, F. and Rodriguez-Pomeda, J., 2015. Diffusion of sustainability reporting in universities: current situation and future perspectives.Journal of Cleaner Production,106, pp.144-154. Ehnert, I., Parsa, S., Roper, I., Wagner, M. and Muller-Camen, M., 2016. Reporting on sustainability and HRM: A comparative study of sustainability reporting practices by the world's largest companies.The International Journal of Human Resource Management,27(1), pp.88-108. Fonseca, A., McAllister, M.L. and Fitzpatrick, P., 2014. Sustainability reporting among mining corporations: a constructive critique of the GRI approach.Journal of Cleaner Production,84, pp.70-83. Hahn, R. and Llfs, R., 2014. Legitimizing negative aspects in GRI-oriented sustainability reporting: A qualitative analysis of corporate disclosure strategies.Journal of Business Ethics,123(3), pp.401-420. Ikea.com. (2018). Cite a Website - Cite This For Me. [online] Available at: https://www.ikea.com/ms/en_US/pdf/reports-downloads/sustainability-strategy-people-and-planet-positive.pdf [Accessed 21 Jan. 2018]. Junior, R.M., Best, P.J. and Cotter, J., 2014. Sustainability reporting and assurance: A historical analysis on a world-wide phenomenon.Journal of Business Ethics,120(1), pp.1-11. Kozlowski, A., Searcy, C. and Bardecki, M., 2015. Corporate sustainability reporting in the apparel industry: an analysis of indicators disclosed.International Journal of Productivity and Performance Management,64(3), pp.377-397. Prez?Lpez, D., Moreno?Romero, A. and Barkemeyer, R., 2015. Exploring the relationship between sustainability reporting and sustainability management practices.Business Strategy and the Environment,24(8), pp.720-734.

Writing an Essay About Goals

Writing an Essay About GoalsSample essays on goals should not be a chore for college students. With the abundance of educational resources available today, including books, web sites, seminars and even video tutorial programs, it is important to have something readily available that they can take a look at when they need to brush up on what they have learned.Part of being a good writer, especially for college students, is finding the right words to use when writing about certain things. And in order to accomplish this task, you are going to need to understand how to write an essay on goals. There are a few key components to doing this and these components should be included in your very first essay on goals.The first thing that you are going to want to remember when writing essays on goals is to never use the 'I' word. Why? It is too easy to say 'I did not achieve my goals.' This type of statement will not get you anywhere but make you look like you do not have enough self-confidence .When you write an essay on goals you are going to want to write something that is going to motivate you and make you want to achieve your goal. The best way to do this is to use a 'what if' statement. What if you did not do your homework, what if you did not clean your room but did not bother to put a new rug in place, what if you did not do anything at all.A sample essay on goals can also be built around a similar principle. You can start off by writing down a list of the things that you are going to accomplish in your life. What if you were to lose weight and live longer, what if you were to become a better writer or become a better listener?Once you have a list that you are sure to follow, then you will want to write down what you are going to do each day to achieve these goals, whether it is writing an essay or setting goals for yourself. By doing this, you will be able to refer back to your list of goals to see how far you have come and what has been accomplished with each of them.Using a sample essay on goals is a great way to start learning how to write a paper about goals. These samples can help you learn the proper tone to use in order to achieve your goals. The other great thing about these samples is that there are dozens of them that can help you brush up on your skills and eventually end up as a quality essay on goals.So if you are looking for a way to write an essay on goals, and you want to learn how to do it from the comfort of your own home, then look no further than a sample essay on goals. They are very easily written and provide some great strategies that you can use in your future writing endeavors.

Why Honesty Is Important In A Friendship free essay sample

Honesty is a very important aspect in our life, especially in a friendship. Why? If your e not honest, no one will welcome you into their group. Everyone will think that you lie and cheat, after you do it once. You will be very unhappy and guilty. (Sometimes you dont feel bad until y ou realize that you did something wrong, and then regret it. ) You will lose friends gradually, and end up with no friends, so youll be alone most of the time. Here are three reasons why you should be honest. First of all, you wont be welcomed if youre not honest. More than a few times, youll f eel very lonely and sorry for yourself. That is because you have no friends. No one will let you join into their group. You will mostly be the odd one out. You will have to finish everything, even sch ool projects, by yourself. We will write a custom essay sample on Why Honesty Is Important In A Friendship or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You will get the feeling that nobody likes you, and youre always excluded. Another reason is, if you not honest, you wont be trusted. Even if you say something t hats rue, people wont believe you. Thats because you lied before. (like the Shepherd Boy and the Wolf) Everyone will leave you out of conversations. Theyll think that everything you say is a lie. Youll have to play or read by yourself . No one will invite you to their activities. Thats why you shou ld never tell lies. Finally, you wont be very happy if youre not honest. Lying leads us to get into trouble . Trying to cover something that you did, youll lie again and again. Youll always be afraid that sooner or later, people will discover the truth. Afterwards, youll feel very unhappy and guilty. Once t hey know you lie a lot, everyone will start to avoid you. Youll feel sad that you are the one stayed away f rom. If you spread rumors, gossip, etc, no one will come near you. Everybody will think that your e words are mixed up because you heard something wrong, or something like that. In conclusion, honesty is the best policy. (That quote is by Benjamin Franklin. ) You wo nt be

Culture Shock Research Paper Example

Culture Shock Paper To move from Vietnam to the United States, I have been an exchanged student for almost 2 months. It is not smooth for a 16-year-old girl like me to start a new life in the other hemisphere of the Earth. Through the big differences of lifestyles between two countries, I have gained a lot of precious experiences of independence and adaption. As I realize, the most difficult part of a new adventure to another cultural environment is Culture Shock! It is the result of the rapid changes of the familiar life. For my own experiments in the US, I would say that Culture Shock is best expressed by 3 factors: Shock of Changes Miscommunication and Homesickness. Firstly, it is important to keep in mind the definition of Culture Shock. When a person moves from one culture to another, he suddenly finds it very strange and irrelevant to live in a new community, which is understandable. The person has to get used to the conditions of eating, sleeping, working, communicating, entertaining etc. even though he does not clearly know how. It takes him some time to be familiar with a new culture. This explains the disoriented feelings of most people being away from their own customs. For me, there have been a lot of changes in the language, the weather, the food and the people since the day I came to the US. During my first two weeks, I could not sleep before midnight due to the difference of time. It affected on my circadian rhythm and made me very tired. It was hot in the day and very cold at night, which leaded to bad headaches and running nose. We will write a custom essay sample on Culture Shock specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Culture Shock specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Culture Shock specifically for you FOR ONLY $16.38 $13.9/page Hire Writer About the daily habits, American friends hug and kiss a lot because they consider it as a way of expressing their friendship. Contrarily, in Asia, especially in my country, we often keep a constant distance among our friends by nodding and shaking hands for greetings. Within the very first days in the US, I was sometimes a bit depressed when I could hardly refuse a lot of hugs because of politeness. Despite my great appreciation to their friendliness, I always thought that it was unusual for an Asian girl to receive tons of hugs from friends. These above experiments are typical factors of the Cultural Shock, when I have to face a lot of changes in life in a very short time. Secondly, all of us have different reactions to the rapid changes of cultures, and not most people can get along with it. Some accept to change themselves to adapt with the situations, some refuse to open their minds and keep on having negative feelings. However, it is common that everyone does have difficulties in overcoming miscommunication when moving to another culture. Based on the differences of life conditions, miscommunication is known as the lack of adequate communication. Once, when I was talking to one of my close classmates, she suddenly said to me, Haha, no one like you. Actually, she wanted to make a special comparison between me and the other people. Unfortunately, her pronunciation made me misunderstand that everybody hated me. Then I stopped talking with her because I was really upset. Two days later, after I told her the reason, we both laughed at our miscommunication and considered it as one of the most embarrassing experiences in our lives. For my own experiences, I would say that miscommunication is one of the most typical elements of Culture Shock. Finally, homesickness is the result of these above factors. Shock of Changes and Miscommunication can possibly remind a person of his own culture, and sometimes they make him want to leave the new one for his hometown. Homesickness, for me, is the biggest problem of Culture Shock, because it is caused by emotions and feelings. Thats why we cannot control it all the time as we want. It can even make people cry and keep on feeling negative. However, it doesnt mean that overcoming homesickness is impossible. After two weeks in the US, I gradually realize the beauty of American culture and feel more comfortable to accept it. I can sleep well and enjoy the food more, which make me feel much better. Although there is still some confusion, I have gained more energy to start everything. I think I have been through Excitement and Withdrawl, and I am trying to jump from Adjustment to Enthusiasm when I live in the US. In conclusion, Culture Shock is unavoidable for most people who move from one culture to another. It does have disadvantages, however, it makes us realize how much we love our cultures and how close we are to our hometowns. Therefore, I dont consider Culture Shock as a bad problem. It teaches me how to join the world and adapt with different life conditions. In my opinion, the best solution for Culture Shock is preparing good spirit for changes of life, keeping healthy and being self-confident in every situation we face to!

Democratic Governments Role in the Global Economy

Democratic Governments Role in the Global Economy Introduction Recently there has been an ongoing debate about the role of democratically elected governments in the global economy. There are some who are of the opinion that the government and not the international finance should be the ultimate source of discipline for national economies. While others argue that democracy itself is the problem when it comes to the global economy.Advertising We will write a custom essay sample on Democratic Governments Role in the Global Economy specifically for you for only $16.05 $11/page Learn More Democratic government in the global economy Democracy is one of the most effective forms of government in today’s increasing integrated World. As it allows governments to be accounted to the electorate who brought them into power and not the global financial institutions. While the international finance players advocate for free market economy system without considering the effects that it would have in the local economy . Democratic governments have come up with fiscal policies aimed at insulating the local market against risks brought about by the free market especially those that originate externally. This has enabled these countries to have a good welfare state, as evidenced by countries such as the Netherlands and Denmark who have an open market system but still manage to keep the risks as low as possible (Rodrik 316). As globalization has allowed workers to be easily substituted across national boundaries. Democracy has permitted governments to come up with minimum working conditions in order to safeguard the domestic workers from exploitation, as their main priority is the electorate. Democratic form of government has allowed countries to develop their own form of capitalism nationally. This has allowed countries to come up with their own style of corporate governance, mode of organizing the labor markets and ways of administering safety nets. This has ensured that the system does not suffer from the backlash of globalization (Rodrik 310). Problems Posed by a democratic government in the global economy Though, the democratic form of government is one of the effective ways of dealing with globalization, there are various problems it poses in dealing with the global economy. Milton (90) argues that, while fiscal policies by governments are viewed by many as ways of helping the economy grow, they in fact make the economy to be smaller and less stable. This is because as governments increase their expenditure it results in the GDP rising by the same margin. In addition, when governments institute trade barriers, they prevent the local market from competing effectively in the global market thus resulting in the imbalance of trade with other countries.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More Also Sachs (30) argues in his book that, while many democratic governments applied b lanket trade barriers in the hope of protecting the local market, they ended up hurting it. Since the results of the barriers became more detrimental than those that would have been caused by a free market. Also through protectionism, governments have limited the local market from accessing a variety of commodities in the global economy. This has denied the electorate freedom of choice, which they promised to protect. Solutions to problems caused by the government While there are many problems which democratic governments pose to the global economic system, they can take the following steps to solve these problems. First they need to understand the trade agreements keenly in order to avoid applying blanket barriers to trade, thus avoiding the negative effects caused by them (Sachs 30). Also the governments need to monitor their fiscal policies so as to ensure that they grow the economy rather than destroying it (Milton 90). Governments need to come up with effective measures to glob alization to protect the electorate as well as reap the benefits that come with it. Milton, Friedman. Capitalism and Freedom. 40th anniversary ed. Chicago, IL: University of Chicago Press, 2002. 85-107. Print. Rodrik, Dani. Has Globalization Gone Too Far?. New York: Institute for International Economics, 1997. 316. Print. Rodrik. Dani. The New Global Economy and Developing Countries: Making Openness Work†. New York: Overseas Development Council, 1999. 310. Print. Sachs, Jeffrey. The end of poverty: Economic possibilities for our time (introduction). New York: Penguin Press, 2005. 30. PrintAdvertising We will write a custom essay sample on Democratic Governments Role in the Global Economy specifically for you for only $16.05 $11/page Learn More

Top 10 Highest Paying Nursing Jobs

Top 10 Highest Paying Nursing Jobs if you’re going into nursing for the money, you are probably not choosing a career for the right reasons. still,  knowing what salary to expect can definitely help you plan your career. across the field of medicine and across the country, salaries can vary based on location and experience factors, but scrubsmag has rounded up the available data for you to consider. according to the u.s. bureau of labor statistics, the top pay group for nurses includes nurse anesthetists, nurse midwives, and nurse practitioners (median salary $96,460, and the top 10% of earners can receive as much as $161,030). payscale.com reports the following stats and averages:  1. nurse anesthetistmedian  total annual salary*: $133,115 total salary annual range*: $83,449–$185,065 median hourly rate: $69 hourly range: $30.09–$95.05  2. psychiatric nurse practitionermedian total annual salary: $90,376 total salary annual range: $71,109–$127,386 median hourly rate: $50 hourly rang e: $35.66–$80.21  3. adult nurse practitionermedian total annual salary: $88,199 total annual salary range: $75,016–$114,185 median hourly rate: $46 hourly range: $35.86–$60.23  4. certified nurse midwifemedian total annual salary: $86,013 total annual salary range: $69,564–$109,650 median hourly rate: $45 hourly range: $36.21–$54.63  5. family nurse practitionermedian total annual salary: $84,239 total annual salary range: $69,705–$110,359 median hourly rate: $44 hourly range: $34.86–$58.26  6. nursing directormedian total annual salary: $83,029 total annual salary range: $56,340–$122,462 median hourly rate: $37 hourly range: $24–$55.30  7. clinical nurse specialistmedian total annual salary: $81,305 total annual salary range: $61,674–$117,969 median hourly rate: $40 hourly range: $29.94–$63.96  8. clinical nurse managermedian total annual salary: $75,965 total annual salary range: $53,845†“$100,567 median hourly rate: $33 hourly range: $22.88–$45.26  9. registered nurse supervisormedian total annual salary: $65,854 total annual salary range: $48,761–$89,544 median hourly rate: $29.87 hourly range: $22.94–$40.66  10. charge nursemedian total annual salary: $65,265 total annual salary range: $47,670–$85,918 median hourly rate: $29.04 hourly range: $22.40–$39.06