Treasury Report Free Essays

{TOPIC} AN ASSESSMENT OF TREASURY MANAGEMENT PROBLEMS AND REMEDIES IN LOCAL GOVERNMENTS BASED ON ITS REVENUE. BY: NAME: ONIFADE AYOMIDE OLUWATOBA MATRIC NO: 09/SMS02/015 BEING A RESEARCH PROJECT REPORT THAT IS TO BE SUBMITTED TO THE DEPARTMENT OF ACCOUNTING FACULTY OF AFE BABALOLA UNIVERSITY ADO-EKITI, EKITI STATE, NIGERIA. IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF BARCHELOR OF SCIENCE (B. We will write a custom essay sample on Treasury Report or any similar topic only for you Order Now SC) HONS IN ACCOUNTING. TABLE OF CONTENTS CHAPTER ONE 1. 1Background of the study CHAPTER TWO 2. 0Literature Review CHAPTER THREE 3. 0Research Methodology CHAPTER FOUR 4. 0Data Presentation and analysis CHAPTER FIVE 5. 0Summary 5. 1Conclusion. CHAPTER ONE INTRODUCTION 1. 0 BACKGROUND OF THE STUDY Local government in any nation like Nigeria is an entity through which government and its policies are carried to the grass root. The government body of such an entity is selected or otherwise locally selected. It constitutes an integral party of a country overall political structure. The creation of local government is made by the law of the state government with intention of bringing government to the people. It is clearly understand that even if the machinery of the state government stops franchising law and order will still prevail, if local council in Nigeria continues to exist. According to Okoli (1998) local government exist to fell the gasp which the national government is to remote to fell, it bring the national government closer to the people and make its impact feet in all the nooks and cronies of the society. By implication the national government through thus medium caters for the grassroots. Local government plays vital roles in the development of the country. It can also be maintained that should local government machinery ground to a half, there is bound to be chosen and confusion. They are the overall of authority and it is through them that the provision of all facilities and services aimed at giving the people higher standard of living and maintenance of law and order can be made. Accordingly attempts have been made at different stages of the country political life to modify the local administrative system and to make them perform their role and function. But in spite of these efforts, the local government authorities continue to exhibit evidences of poor performance. Thus had led to the federal government affairs and eventual entrenchment of the system in the country’s constitution. According to Gbenga (2001) local government can be defined as the process through which government and its policies are carried to the grassroots, and stressed that during the early stage of local government in Nigeria (Gowon) which lasted from 1967-1975 the different state operated different system of local government. In the Northern state, the emirs retained some of their powers and influence because the counselors appointed by the military Governors where traditionally and spiritually expected to defer to the authority of the emirs. The Eastern state and in the Midwest states abandoned the councilor system adopted the French system of decantation. In the west state Governor who had initially posted sole administration of local government areas where forced by the tax revolts of the late 1960s to reintroduce local government participation. Mustapha (2003)local government also become conduct pipe for cooting of national treasury for instance, elite cline of local government Chairman called the â€Å"Association of local government of Nigeria (ALGON) reportedly mandate the maximum military leader to deduct local government funds for the purchase of two Toyota land-cruiser jeeps for all LGA chairman, while the other belong to the police to facilitate effective policy and combat of armed robbery. Harriman (2006) local government is not creatures of state government, but one of the tiers of government of this country. Every effort should be made to allow local government councils to operate with prestige and not as beggar. Therefore, the provision of funds and its disbursement in local government to perform its stated roles. So, importance of sound and effective management of the treasuring of a local government authority cannot be over stressed. Without effective treasuring management, the policies adopted by alocal authority in a great variety of field may not be successfully implemented comprehensive arrangement are therefore in force in all states for exercise of internal and external control over the treasuring of local government authority. But very little and in some cases, virtually no regard has been paid to the need for effective, progressive management of treasuring of local government authority. The management of treasury in the local government should be taken as a tool for controlling the activities of local authority in the country. Without proper and effective management of fund of a local government, the overall affair of the local government will be properly managed, as there will be no constant payment of staff salary, maintenance of law and order, provision of infrastructural facilities and execration of capital project. The treasuring management is a type of control exercise by the management within an organization. It is very important where the size of the organization is high and where the government of a state found it very difficult to have direct contact with the routine operation of the organization. 1. 1STATEMENT OF THE PROBLEM Large scale misappropriation of fund in public offices has now becomes a common practices in the society. And the local government is not exempted. Thus had led to performance in terms of services rendered to the people in spite of this modification there still exist a poor performance which is evidence in the case of the local government. This ineffectively can be traced to some factors of which poor treasuring management is one. So in this study, we will consider what constitute on effective treasury management and also how inefficiency in the treasury can be avoided. 1. 2OBJECTIVES OF THE STUDY This study was undertaken to provide: a)an attempt to closely look at how assessment is the treasury management, roblem and remedies in local government council in relation to the performance of roles and functions of their areas of authority. b)The length of area to which the treasury management process can contribute to the success or otherwise of a local affairs. c)What roles needs to be played by both the top level and lower level management for treasury management process to succeed in local government authority. d)The federal and state government involvement towards the attachment of defectives treasury management in a local government authority. )An overview of treasury management operation in local authorities f)An analysis of best practice and g)A basis for local governments to examine their own procedures to evaluate their performances so that improvements can be introduced where necessary. In view of the importance of treasury management in a local government is enumerated above, it is necessary also to look up into the treasury management procedure and practice employed by modern local government authority in order to accomplish their goals. Accordingly, this study will make an appraisal of the treasury management policy and practices employed by Ado local government concerned with a view of determining: A. To what extent has the proper treasury management helped the local government in performing the specific function of the local government? B. What procedure and techniques are employ by the local government in monitoring the effective treasury management? C. What principles difficulties are been faced by both management and lower level staff in treasury management planning and implementing? D. What condition is necessary in a board government to ensure effective treasury management? E. What (if any) are the probable causes of deviation in the planned and actual operation of treasury management and how they are redressed? F. What roles are being played by the treasurer of a local government in treasury management? 1. 3SCOPE OF THE STUDY The study focuses on treasury management system as a means of promoting proper accountability within an organization with a particular reference to Ado local government. This study will perform test and review the internal control system and the internal check that already exist in the organization. There will be careful study of the operation of the following division. ?Finance/Treasury Division ?Audit Division ?Budget and Planning Division ?Chairman / Sole Administrator 1. 4SIGNIFICANCE OF THE STUDY The outcome of this research work will be useful to the organization under reference because if the recommendation were adopted loopholes and other weakness in the existing internal control system would be exposed. This will urge the management to strengthen or if necessary build a new comprehensive treasury management which would promote proper accountability within an organization. The research work will also serve as a valuable document for students, business executives, middle management staff and other people who wish to consolidate their knowledge on treasury management. The result will also be essential to all government officers who are presently witnessing large scale of misapplication of fund and poor accountability. 1. 5DISTINGUISH BETWEEN HYPOTHESIS RESEARCH QUESTION The following are working hypothesis, which would be tested. Null and alternative hypothesis which are usually denoted by Ho and Hi, Ho: a)That well qualified personnel are employed as accounting staff and should be well – motivated in term of salaries and other fringe benefit. b)That proper internal control of the treasury management would improves staff warmth, skill and knowledge. c)That an effective treasury management is capable of executing materials frauds and error and also promotes proper accountability in an organization. d)That effective treasury management will enable the local government affairs its objective and standard. )The effective treasury management promotes effectives management funds. f)That management ensures reliability accounting information and document. In this study, the following questions were asked with a view of finding solution to the operation of the treasury management process. a)How important is treasury as a unit of operation in the performance of local government function and roles. b)What roles mu st treasurer play in the attachment of standard treasury management in the local government? c)What are the contribution of the state and the federal government toward attachment of treasury management standard in all the local government? )What are the causes of proper treasury management failure? e)What are the causes of derivation in planned and actual operation. 1. 6DEFINITION OF TERMS 1. Treasurer: he is the head of the treasury department, he manages and control the finance of the local authority. He keeps record of all money received or spent. 2. Auditor: he sees to the check and balance of all financial transaction of the local government. 3. Vote Book: it is use in recording all expenditure and liabilities incurred by the vote controller entrusted with the management of fund of the department. . Petty Cash Book: this is an imprest book, which is kept to meet expenditure of items whose payment voucher cannot be presented immediately. 5. Capital pay office responsible for phy sical cash and cheque payment of wages and salaries, pension and contract. 6. Receiving Cashier: responsible of collection of cash from outsiders who make payment on fines, licenses etc and also revenue granted by revenue collector. 7. Financial Account Unit: involved in preparation of final account as well as other financial statement of local government. How to cite Treasury Report, Papers

Labor Unions And Nursing Essay Example For Students

Labor Unions And Nursing Essay Labor Unions and NursingK SalcedoThe American Labor movement in the United States has a history dating back to the beginnings of the industrial revolution. Its existence is due to poor working conditions and exploitation during the beginning of that time. Labor unions have had a long history of using their most powerful weapon, strikes, to fight their battles. Even today, with the diminishing numbers of union members, strikes appear in the news sporadically. History of Labor Unions The first strike is thought to be by printers in Philadelphia in 1786 (Maidment, 1997). Working conditions, pay and benefits were so poor, leaders in the southern United States used them to justify slavery. Their contention was that slaves were treated better than the workers were in the North. (Maidment, 1997) Unions attempt to rectify poor working conditions, pay and benefits through collective bargaining. An individual has very little power when negotiating with an employer, however many individuals, collectively have the power to achieve results through bargaining and negotiating. The ultimate bargaining tool that the collective bargaining unit has is the right to strike. Strikes The United States has the most violent and bloodiest labor history of any industrialized country (Foner, Garraty, 1991). In 1850, police killed two New York tailors while attempting to disperse strikers. These were the first of over seven hundred documented caused by strike-related violence. In 1913, National Guardsmen attacked striking Colorado miners known as the Ludlow Massacre. In 1937, police killed Ten Chicago steelworkers during a strike, which came to be known as the Memorial Day Massacre. More commonly, though, strike related deaths are attributed to lessor known confrontations. Strikes in the United States are generally linked to the business cycle. Strikes are more common when unemployment is low with the lowest strike rate being during the Great Depression. The first American strikes in the late 1700s and early 1800s were by shoemakers, printers, and carpenters led by their trade societies and were generally effective because of the limited labor pool skilled in those trades. The strikers simply refused to work until their pay demands were met. The strikes were generally short, peaceful and successful. Successful litigation by employers inhibited the spread of these strikes and the trade societies. After an economic upturn in the 1820s, strike activity was revived. Throughout the 1800s, strike activity continued to wax and wane based on economic conditions. Women participated in strikes as early as the 1820s. After the Civil War, the labor movement started to more closely resemble todays labor movement. In order to discourage strikes, instead of unilaterally setting wages and striking, unions started negotiating with employers, addressing wages, work rules, hours and grievances. This method of arbitration led to binding contracts between the collective bargaining units and the employers. The Knights of Labor, the most important labor organization of the 1800s, discouraged strikes. Mediation Union leaders, particularly those in the craft unions affiliated with the American Federation of Labor (AFL), continued to question the efficacy of strikes in the early 1900s. Instead of strikes, the craft unions turned to private mediation groups to help settle disputes. In mediation, the third party assists the negotiators in their discussions and also suggests settlement proposals. (Mathis, Jackson, 2000) An expansion of the union movement was created by four years of depression in the 1930s. The violent strikes by autoworkers, truckers, longshoremen and textile workers in 1934 sparked the passage of the National Labor Relations Act of 1935 (NLRA). The NLRA is the law governing relations between unions and employers in the private sector. .u42d5360a58cc01669d0cc6082472dbc9 , .u42d5360a58cc01669d0cc6082472dbc9 .postImageUrl , .u42d5360a58cc01669d0cc6082472dbc9 .centered-text-area { min-height: 80px; position: relative; } .u42d5360a58cc01669d0cc6082472dbc9 , .u42d5360a58cc01669d0cc6082472dbc9:hover , .u42d5360a58cc01669d0cc6082472dbc9:visited , .u42d5360a58cc01669d0cc6082472dbc9:active { border:0!important; } .u42d5360a58cc01669d0cc6082472dbc9 .clearfix:after { content: ""; display: table; clear: both; } .u42d5360a58cc01669d0cc6082472dbc9 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u42d5360a58cc01669d0cc6082472dbc9:active , .u42d5360a58cc01669d0cc6082472dbc9:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u42d5360a58cc01669d0cc6082472dbc9 .centered-text-area { width: 100%; position: relative ; } .u42d5360a58cc01669d0cc6082472dbc9 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u42d5360a58cc01669d0cc6082472dbc9 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u42d5360a58cc01669d0cc6082472dbc9 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u42d5360a58cc01669d0cc6082472dbc9:hover .ctaButton { background-color: #34495E!important; } .u42d5360a58cc01669d0cc6082472dbc9 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u42d5360a58cc01669d0cc6082472dbc9 .u42d5360a58cc01669d0cc6082472dbc9-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u42d5360a58cc01669d0cc6082472dbc9:after { content: ""; display: block; clear: both; } READ: The German Shepherd Dog Essay It guarantees the right of employees to organize and to bargain collectively with employers. The National Labor Relations Board (NLRB) is an independent federal agency created by Congress, which administers the NLRA. Under the direction of the NLRB, strikes continued in the 1940s (after WWII) and while some were very long, most were peaceful. The NLRB saw to it that employers who were legally obligated to bargain with unions, did so. In addition, strikers were given legal protection. In the 1950s the number of strikes dropped sharply, as the relationships between unions and employers became more predictable. The 1960s saw a rise in public employee strikes (teachers,

Problem Solving free essay sample

I have worked in the restaurant field for over 6years and it can be very stressful. In this field I have encountered many problems especially since my promotion. Being that I was a waitress for 4 years and then being promoted as manager. I feel I have encountered more problems now than ever. I believe a lot of my staff has a problem with transition. I have worked around many of my coworkers for so long that I do not believe they see the difference in me as a manager now and a waitress then. I have bonded so much with my fellow coworkers that I believe I am reason for occurring issues we may have. One of the main reasons I accepted the position was for growth. I wanted the company to succeed and make more money than ever. Being that I was once in their place one would think they would understand. We will write a custom essay sample on Problem Solving or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As a manager I try be firm and always stand my ground. When I was serving one of my biggest issues with my managers was communication. As a manager I wanted people to know what they are supposed to do and what is expected of them. Real managers are individuals I believe are relentless communicators who speak clearly listen always, and learn from what they see and hear. Part of being an effective communicator is being seen as well as heard. Good communicators also learn to ask questions as a means of finding out what is going on and also demonstrating that they care. As a manager I try to use y previous experience as a waitress to reflect on my position today. Nevertheless I still have the non-believers who doubt my intentions. Even with these problems I still focus on the issues at hand. Not only am I manager I am a leader. Every day I continue to motivate my team to peak performance. I believe that motivating a team is worthless unless I can provide direction, unless I can turn that motivation toward a goal and lead the team to it. One day I decided to have a meeting before the shift stared and see what where their main concerns with me as a manager. They complain about hosting issues, Tip out, and issues with the time for getting bar drinks. As far as I know from the servers their issues with the host were double seating them and not giving them time to greet the next customer in sufficient time. My solution was to talk to the host and to get them to better communicate with the servers so this problem would not continue. So far I have not heard anything so I believe that the problem is under control. Another issue they had was tipping out the bussers. Their concern was that the waitress did more that pre bus the tables so they felt they should not have to tip the busser. So I had to do a little investigating and I spoke with some of the bussers and they inform me that the servers intentionally bus their tables so they would not have to tip out. I spoke with servers and inform them all that they know what policy is and is not for them to bus their own tables. I also mentioned that maybe that is why they are having problems with greeting their tables on time. I explain to the server that had they come to me sooner they would not have these issues. Last but not least the server last concern was about getting their bar drinks out in a timely manner. So I had to go speak with my bartenders and see what their take on the situation was. The bartenders felt like they were understaffed and it was not enough people to run the bar and get the servers drinks also. So After watching the bartenders for about 5 shifts I decided it was time to hire another bartender. Since I made these changes with the staff I have notice a difference with the way every one works. I finally felt like we were getting somewhere with the restaurant. Problem solving free essay sample This time, each of Mr. Hodges children wants the same color gumball out of the three-color gumball machine. What is the most amount of money that Mr. Hodges would have to spend on his triplets in order to get them each the same color gumballs? Process: In the process of solving the first question I drew up different color gumballs. These are both the different colored gumballs. If this was the outcome after spending two pennies on two gumballs, then the next gumball would have to be one of the previous color gumballs that already came out of the machine. For the next scenario it was a little trickier that the first problem. Since there were still only two children involved and there were three colored gumballs it wasn’t too hard. Once again, I drew up the three different colored gumballs in the gumball machine. The gumballs were red, white, and blue. We will write a custom essay sample on Problem solving or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These colors can be the color of the gumballs that come out of the gumball machine. The last gumball that would come out of the machine would make a set of two of the same color gumballs which would make the overall total of money spent 4 cents. For the last scenario, there were still only three different color gumballs in the gumball machine. But this time there were three kids. So I drew up another set of possible gumballs that could roll out of the machine. If this happened, then the last gumball will be either red white or blue, and the last gumball would allow each of the triplets to have the same color gumball. Soltuion: I actually received help from a friend of mine in the same cohort on a soulution to use. She explained that an accurate formula to figure out the amount of money to spend would be the number of kids times the number of colors in the gumball machine minus the quuantity of the number of colors minus one. So the formula would look something like this: M=k*c- (c-1) This formula really works and all you do is just plug in the numbers from the senario. For example, in senario one I figured out by myself that three cents is the most amount of money that Ms. Hernandez would have to spend on her children. Evaluation : I consider this POW educationally worthwhile because it enables you to work with real life scenarios. I learned that actually several equations can be used to solve just one problem. I discovered that there are numerous possibilities to solving problems. I would have made the problem better by making it more challenging. I could’ve changed it by increasing the number of children and the number of gumballs in the scenario. I really enjoyed working on POW number four because it was fun to connect and combine candy with math. I think this POW was just right because it was easy doing the first scenario, but trying to figure out a formula to go with all of them was rather difficult. In class, we discussed a total of three problems for the fourth problem of the week. The first problem is that Ms. Hernandez and her twins are walking and see a gumball machine. Ms. Hernandez decides to treat the both of them to a gumball. The twins both want the same color gumball and each gumball costs one cent. Why is three cents the most amount of money that Ms. Hernandez will have to pay in order to get her twins the same colored gumball?

The Complete College Application Process Expert Guide

The Complete College Application Process Expert Guide SAT / ACT Prep Online Guides and Tips If you want to successfully complete the college application process and make yourself as competitive for college admission as possible, you’ll be directly or indirectly working on your college applications well before the deadlines approach. In fact, if you have any intention of applying to selective colleges, this process can really begin as early as your freshman year. In this article, I’ll describe all of the tasks you should complete to maximize your chances of getting into the best possible college. Furthermore, I’ll let you know when you should be completing these tasks so that you’re able to stay on top of the process. Feature image source: Scott Savage/Flickr Overview of the College Application Process The major components of your application that will be evaluated are your transcript, your standardized test scores, your recommendations, your personal essay, and your extracurricular activities. I'll walk you through all the steps you need to take to strengthen each component of your application. If you follow my advice and timeline, you'll make yourself an extremely strong candidate for any college. Read on to learn the specific things you should be doing and when to do them. Take the Right Classes When to start: Before freshman year Colleges will evaluate you based on the classes you’ve taken. The most selective schools want to admit students who have challenged themselves and are willing to push themselves academically. You don’t have to take every single honors and AP course that’s offered at your school, but if you want to get into a top college, you should be able to demonstrate that you can excel in some of the hardest courses that are available to you. Also, it's best to take the most difficult classes in the subjects related to your academic strengths or your intended major. You should begin thinking about whichclasses totake before your freshman year of high school. In many schools, the math or foreign language class you take during your freshman year will determine what level you’re able to reach when you’re a senior in high school. Spend ample time considering which classes to takeand whether those classes will allow you to pursue your academic interests and reach your college goals. Specifically, consider whichscience, math, history, foreign language, English, elective, and AP classes you should take. Challenging yourself makes you stronger. Get Good Grades When to start: Freshman year I think this is pretty obvious, but your grades matter to colleges. The majority of colleges will focus on your sophomore and junior year grades, but schoolswill also look at your freshman and senior year grades. Also, your high school GPA is typically calculated from your grades from all four years of high school. You should try to maintain the mentality that every semester counts, and do as well as you can each year of high school. For inspiration and useful information, check out our article on how to get a 4.0 GPA and better grades. Excel in Extracurriculars When to start: Freshman year Other than your grades and test scores, your extracurricular activities probably have the biggest influence on the quality of your college application. Colleges, especially the most selective ones, want their students to have exceptional achievements outside of the classroom, and they’re looking for individuals who use their leisure time to pursue their passions. You should participate in extracurricular activities throughout high school. Colleges prefer to see a sustained commitment to your activities; it’s more impressive to do one activity for four years and continue to show growth in that activity than it is to do four activities for one year each. Some students believe they need to be well-rounded and do a ton of extracurriculars; however, for college admissions, it may be more advantageous for you to develop a â€Å"spike† and exhibit excellence in a particular activity or field. Instead of playing every sport, writing for the school newspaper, participating in speech and debate, and joining student government, you may be better served to focus your extracurricularefforts on becoming a superstar field hockey player. Or, if you're passionate about science, you may want to spend your free time creating an award-winning project for science fair or competing in Science Olympiad. If you have multiple interests, it's perfectly acceptable to explore all of them; just keep in mind that you don't have to do every possible extracurricular to get into a great college, and, generally, reaching the highest level in a given activity requires such an incredible time commitment that you won't have time to participate in many other activities outside of school. Learn what to do if you’re struggling to find extracurriculars. Also, when you’re filling out your college applications, know how to write about your extracurriculars. Maybe the marching band is a good extracurricular for you. Image source:Utah Department of Transportation/Flickr Rock Your Standardized Tests When to start: Sophomore year Even though some colleges have minimized the importance of standardized tests in admissions, your standardized test scores are still a crucial component of your application to most colleges. I advise starting your studying for the SAT/ACT during your sophomore year. Also, you may want to take the PSAT or PreACT during your sophomore year to familiarize yourself with standardized tests. To give yourself the best chance of reaching your target score and to decrease your stress level, we recommend first taking your SAT/ACT in the fall of your junior year. If you don’t reach your target score on your first attempt, you can do more studying and retake the test in the spring of your junior year. If you achieve the score you’re hoping for by the end of your junior year, you’ll have more time duringyour senior year to focus on your schoolwork, extracurriculars, and college applications. If you’re still unsatisfied with your score at the end of your junior year, you have more time to study over the summer and retake the test in the fall. Make sure you know when is the last time you can take the SAT/ACT. Your deadline for taking the SAT/ACT is dependent upon the specific schools you apply to and whether or not you apply early. For most schools, for early decision, you have to take the SAT/ACT by October or November of your senior year, and for regular decision, you have to take the SAT/ACT by December of your senior year. However, there are a few colleges that will accept the January SAT or the February ACT. If you’re considering applying to a school that requires SAT Subject Tests, I also recommend taking those by the end of your junior year. Research Colleges When to start: Junior year Before you apply to college, you need to know which colleges to apply to. You can start learning about colleges as early as your freshman year, especially if you want to get an idea of what you need to do to be a competitive applicant, but you should actively research colleges starting in your junior year at the latest. Use college search websites, finders, guidebooks, and ranking lists to help find colleges that would be a good fit for you. You can also use college fairs and tours to gain more exposure to different colleges and get a better idea of what you’re looking for in a school. By the start of your senior year of high school, you should have a list of colleges to apply to. I recommend applying to reach schools, target schools, and at least a couple of safety schools. College Fair fun. Image source:Patrick Giblin/Flickr Get Superb Recommendations When to start: Spring of junior year Recommendations are also an important part of your college applications. Colleges want assessments from others on your abilities as a student and your character. Be aware of what constitutes a good recommendation and how to ask for a letter of recommendation. It’s best to initially ask teachers to write your recommendations in the spring of your junior year. By asking early, you’ll be able to get your teachers to agree before they become inundated with requests during your senior year, and they’ll have more time to think about what they’re going to write. Make sure you know whom to ask to write your letters. At the beginning of your senior year, you can submit formal requests for your recommendation letters. Also, for your reference, check out these recommendation letters that got a student admitted to Harvard and other Ivy League schools. Write Outstanding College Essays When to start: Summer before senior year Writing your college essays is the most challenging and time-consuming part of the actual application process. Learn everything you need to know about the college essay and how to come up with great college essay ideas.I recommend starting to work on your college essays during the summer before your senior year. The absolute latest you'd want to wait isthe beginning of your senior year, as soon as you’ve finalized thelist of colleges you’re applying to. Even though college essays aren’t particularly long, in my experience, they do take much longer than you’d anticipate, and you’re less likely to be able to write good essays if you wait until the last minute to start. Give yourself enough time to have a trusted teacher or counselor proofread your essays. And you’ll also need time to revise them. Obviously, the essays have to be completed before you submit your applications. If you’re applying early, most deadlines are in mid-November. If you’re applying regular decision, most deadlines are around January 1st. Make sure you keep track of deadlines forthe schools you’re applying to because deadlines will vary. For example, the application deadline for University of California schools is November 30th. Final Thoughts and Additional Steps For most students, the steps listed above are the major components of the college application process. However, some of you may have to do extra work depending on your situation and the colleges you apply to. For example, if you're an aspiring college athlete, you may participate in the athletic recruiting process. If you're applying to an art school or program, you may have to make an art portfolio. Also, some colleges recommend or require interviews. If you interview, know what questions to ask and prepare for. For those of you seeking financial aid, you’ll have to go through the financial aid process, and you may want to apply for scholarships. You should find out the status of earlyapplications in mid-December and regular applications by late March. Then, you may find yourself with multiple options and have to face the task ofchoosing a college. While the application process can feel overwhelming and incredibly stressful, you can minimize your stress by having a plan and avoiding procrastination. Don’t worry too much. Regardless of what you do, there’s no absolute guarantee that you’ll get into the most selective colleges, but if you try hard and follow our advice, you’ll get into a good college and develop the attributes that will enable your future success. What's Next? If you're looking for an example of what you need to do to get into the best colleges, check out this successful Harvard application. Perhaps you've heard people reference Ivy League schools, but you're not exactly sure what they are. Learn about Ivy League colleges and read our article ranking the Ivy League schools. Finally, figure out where in the country you should go to college. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Autobiography of a Face Essays

and now he’ll shrivel up like a prune if you let him. With any luck, I’ll have him holding his own fishing pole by this spring, and I’ve already got my eyes on a little pair of water skis. Who knows, maybe 20 years from now, he’ll be writing an autobiography about how growing up on the water help shape his life too.†¦ Irish Autobiographies Adapted for Film This image of mid-twentieth century Ireland embodied in the themes of emigration, cultural isolation, economic depression, literary censorship and religious conservatism have become a fixed concept in the collective imaginative and cultural production. At the start of the twenty-first century, far from seeking to exorcise such associations, Joe Cleary has noted that "the period is repeatedly evoked because it serves as the definitive image of the anti-modern†¦ Online classes or Face-to-face? Students learn at different paces and different ways. Online classes is one of the ways for students to learn different subjects, and it proves to be a good for some students. Online classes allow you work at your own pace which most students enjoy. The other way is the traditional sitting in a desk, listening to a teacher/professor teach on and on, and trying to stay awake until its over. Classroom makes you have a good sense of time management. Students need to†¦ Multicultural Education Autobiography and Reflection Throughout the entire course, as a class we have covered a variety of different topics ranging from ethnicity to gender and sexual orientation. Some of the topics covered in our class were easier to discuss while being able to express our own thoughts. Other topics were topics that we had been aware of, yet we did not feel so comfortable discussing because as humans we tend to care what others might think of us when we speak up. For example, sexual†¦ race, gender or beliefs. Gandhi: An Autobiography and The Help portray multiple insights of the world in the 1900’s compared to modern day society. Social justice is a major theme in The Help and Gandhi: An Autobiography. In these two books we see how society can be a cruel mistress. How people of different races are treated throughout time and how the main characters never give up on hope for a better future in our community. In Gandhi: An Autobiography and The Help, the social aspect of†¦ Introduction In 1946, the book simply titled Autobiography of a Yogi was published. It was written by a hitherto unknown saint from India named Paramahansa Yogananda. Paramahansa Yogananda was an Indian Yogi who left the shores of India in 1920 to teach God realization to people of the West. In this inspiring book, he describes his meetings with miracle performing yogis in India such as the levitating saint, a tiger fighting swami, a yogi who bilocates and other great saints search for a guru, and†¦ Sexual Autobiography Shaping my sexual behavior was generally influenced by my mom. I learned to be dependent on men and use safe sex through media. Gender sex roles also placed me to be secretive with my sex life and nurturing. My body image makes me insecure when it comes to intimacy. There were no specific sexual guidelines that my family made me follow. I was raised in a family where I was able to explore and have my own opinions about sexual situations. Not having guidelines or a path made†¦ Lucy Grealy's Autobiography of a Face "Language supplies us with ways to express ever subtle levels of meaning, but does that imply language gives meaning, or robs us of it when we are at a loss to name things?"(Grealy 44). Throughout her childhood and young adulthood, Lucy Grealy attempts to create a self-image based on her looks, through the reactions of others, and her own hopefulness, but these fail and she learns to forget her image completely. It is at this time of forgetting her image that†¦ need to take big steps and make sacrifices. After reading the autobiography of Malcolm X its admirable that he became such an intellectual man even thought he didn 't finish school and had a difficult time pronouncing words. He was someone that went through many changes in his life to fight for equality and never give up on his dreams. His passion and his aspirations in life to fight against racial discrimination in America help him face all his academic struggles and to become a intellectual and knowledgeable†¦ From an Electrician to a Teacher: An Autobiography â€Å"The heart of human excellence often begins to beat when you discover a pursuit that absorbs you, frees you, challenges you, and gives you a sense of joy, meaning and passion.† – Angel Chernoof* I firmly believe that to be successful and flourish in education and childhood learning, your heart must lead you to this passion – as my heart did a year ago. Coming out of high school, my dreams were far beyond teaching and spending a lifetime discovering†¦

Hong Kong Market Essay Example | Topics and Well Written Essays - 2250 words

Hong Kong Market - Essay Example The paper tells that market research is understood to be a scientific process concerned with gathering and processing critical information, which can be used in marketing management decisions. Due to this, marketing research is considered a critical part of a marketing intelligence system that in most cases functions to improve management decisions using timely, relevant, and accurate information. Marketing research has become popular in many organizations due to perceived benefits the process is seen to generate. For instance, smart organizations have been able to achieve and sustain their competitive advantage by using market information in the most creative manner. Moreover, organizations that adequately satisfy the needs of their consumers have done so by intelligently and creatively using appropriate market research information. Therefore, at this point it can be stated that market research is critical in the modern world especially in the age of globalization and increased cons umerism. Consumers in Hong Kong, just like consumers in other societies are likely to exhibit varied behaviors with regard to consumption. Although consumption is an aspect that is synonymous with all societies, numerous evidences have shown that societies across cultures differ in terms of consumption behavior, consumption pattern, and the overall consumption culture. This is to say, consumption behaviors exhibited by consumers in Hong Kong are likely to differ to behaviors exhibited by consumers in other regions. ... erous evidences have shown that societies across cultures differ in terms of consumption behavior, consumption pattern, and the overall consumption culture (Hoyer and Macinnis, 2009). This is to say, consumption behaviors exhibited by consumers in Hong Kong are likely to differ to behaviors exhibited by consumers in other regions. Therefore, the discovery makes it virtually impossible to generalize consumer behavior across cultures. As a result, introducing a new flavor of soft drink in Hong Kong market will require the company to undertake a detailed market research that aims to identify specific consumer behaviors that are likely to influence or impact the marketing process. Accurate intelligence information about how consumers in Hong Kong consumer products in terms of beliefs, values, demographic factors, socio-economic aspects, cultural issues, lifestyles, and many more (Hoyer and Macinnis 2009). This is critically important since such information will help the management team o f the company to initiate appropriate strategies of marketing for the new product to succeed in the new market. Marketing Research Design In order to successfully carry out market research, the researchers have to develop and implement the most appropriate research design techniques. Consequently, the usefulness of research project is likely to be realized when there is evidence of quality of research design, coupled with appropriate data collection and analysis process based on the design. Research design in marketing research involves identifying the best research methods that are appropriate in obtaining the required data (Churchill and Lacobucci, 2009). As a result, validity and reliability of data to be collected, which is critical in research process depends a lot on the type of

Financial options are easier to value than the common stocks to which Essay

Financial options are easier to value than the common stocks to which they relate. Discuss - Essay Example In case of payment of dividends also, the common stocks are allocated dividends only after the preferred stockholders are paid in full. Thus the valuation of common stock is an area of interest for the investors as it gives an idea of the financial health of the company and also a forecast of the future in terms of profit and loss to be incurred by the company. The valuation of common stock is represented in terms of its present value or fair value or intrinsic value (Moyer,  Moyer, McGuigan,  Rao  and Kretlow, p.249). Financial Options Financial options are contracts which give the right to the owner of the Option to buy or sell an underlying stock at certain agreed upon price within a certain period of time. The owner of the financial option is, however, not obligated to buy or sell the underlying stock within the specified time frame. The agreed upon price is called the strike price. When the buyer executes the option of buying the underlying security at the strike price, it is called â€Å"call† option. When the buyer executes the option of selling the underlying security at the strike price, it is called â€Å"put† option. ... Financial options are a part of the financial derivatives. The valuation of option depends on the difference between the market price of the underlying security and the strike price and subsequently the discounted expected value of that difference at the time of expiration of the option (Brigham and  Ehrhardt, p.273). Valuation: Financial Options and Common Stock The valuation of common stock is based on the determination of present value of the stock taking into account the expected cash flows of the company in future. The methods applied for valuation of common stock are discounted cash flow method, dividend discount model, etc. The DCF (discounted cash flow model) takes into account the forecasted future cash flows which are determined on the basis of growth rate and terminal growth rate of the company. Factors like depreciation, net profit, capital expenditure, change of working capital, cost of equity as discounting factor is considered for determining the fair value of common stock (Pinto, CFA,  Henry, CFA,  Robinson, CFA,  Stowe and CFA, p.183). The DDM (dividend discount model) for common stock valuation assumes constant payment of dividends by the company. The model includes forecasting future dividend payout ratio and earnings per share in order to calculate future dividend payments by the company. The determination of present value of common stock is done by discounting the future dividend payments by the cost of equity. The valuation of common stock thus takes into account the expected future cash flows which are affected according to the risk factors. Therefore, valuation of common stock is affected by the company risk, industry risk and market risk. The company risk and the overall industry risk of common stock could be mitigated by