Hi, need to submit a 750 words essay on the topic International Accounting in Colombia (South America).

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The desire to keep abreast with the information needs that globalization brought about, motivated Colombia to adopt these standards. In the whole of South America, Colombia has the most advanced accounting system, having incorporated the accrual basis of accounting in its Public Sector Accounting Standards. Accounting profession entails the process of communicating financial information of an organization, a corporation, or a business entity to the stakeholders and other interested parties. This communication serves to ensure that those stakeholders who do not have any accounting or financial knowledge gets to understand the financial position of the entity and can thus participate in decision making regarding the entities financial issues(Neal,125). The role of accounting profession therefore is to look into all transactions of the entity and ensure they are accurate, and then report this information to the entity’s stakeholders, who can use this information for their decision-making purposes. In Colombia, a law enacted in July 2009 guides accounting regulations. This law requires that the national accounting standards of that country tally with the International Financial Reporting Standards (IFRS). …

A good example is the fact that Columbia has shortened the requirements of the IFRS into very brief provisions and directions, although they appear explained in many pages. This shortening of the IFRS requirements comes with elimination of some of its sections. A good example of this, is the elimination of the Disclosure requirements of the IFRS in the Columbian accounting standards and practices (Elliot,7). Most notable is the fact that there are no legally binding financial statement audit standards requirements in Colombia (Pixley,4). Any auditing practice and procedures in Colombia occurs according to the Colombian GAAP and not in accordance with the requirements of the IFRS. The general requirements of IFRS auditing requirement practices and procedures have been reduced to a one-page guideline. The requirements of the IFRS general auditing standards such as undertaking of audit of books of accounts of an entity by an independent auditor has been eliminated in the Columbian audit guidelines (Willies). The laws of Columbia does not provide for any development and issuance of auditing standards. Thus, Columbian organizations, business entities, and corporations determine the nature of auditing practice and procedures to appear in their books of accounts. The law does not bind these practices and procedures. The difference between accounting in Columbia and in the USA is in the fact that, while in the USA all accounting practices follows the provisions and requirements of the IFRS, in Columbia, there are issued decrees that requires the local entities to apply the IFRS only voluntarily (Pixley,4). Thus, observation of the IFRS standards of accounting is not a requirement in Columbia.

 

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Hi, need to submit a 750 words essay on the topic Internet Literacy.

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This may be a challenging task especially to those who are not so open-minded about technology and changes however it becomes a liberating experience also to those who come to a learning experience that fulfill one’s dreams. A friend has always been afraid to try the internet nevertheless needed to learn how to use it due to the demands from his work. Being in his forties, his fear was usually fed with the words like ‘you cannot teach an old dog new tricks’ and was challenged considering he is not a dog, he learned and discovered the internet. The process was not easy for both the learner and teacher but it was a fulfilling job they both went through. The student struggled on remembering things about the computer and how to work on it while the teacher made every effort to make instructions simple and clear. Frustrations may have occurred as the learning went but they were turned to joy for every discovery the learner made. Reading vast information from the internet changed my friend’s perception not only on technology but almost about a lot of things. He says he had come to a deeper understanding of many things as he used the internet as a means for educating himself, reading not only the words but the lives of other people. Writing may not be the job he is paid to do yet he considers he uses a lot from his internet literacy to enhance his information literacy to write the remaining chapters of his life. In considering the elements that this individual and other individuals have learned from their experience with internet literacy, it’s clear there are a great many elements. One of the major elements is the influence that understanding social media has on individual’s lives. While it is not difficult to join a social network, such as Facebook, there is a slight process in learning how to implement it for the greatest gains. As I became more involved with Facebook I recognized that it offered me the opportunity to remain in contact with old friends and people that I otherwise would have lost touch with. This has the effect of enriching my life and giving me a greater perspective on the world. In other contexts, social media has allowed me to join communities of people with similar or specific interests. For instance, individuals interested in literature, cooking, or sports are able to join communities where they are able to discuss their interests. Such aspects of internet literacy are not merely significant in that they allow individuals new forms of communication, but indeed, they also change the very nature of social relations. In understanding social media, rather than having to venture for hours to visit conventions or lectures, one now has direct access to experts in many fields through Twitter. In learning how to implement these elements of internet literacy one can truly make profound life changes. Another highly important element relating to internet literacy are the benefits it holds for education. I recognize that learning how to use the internet is a form of education itself. Still, within this journey one also recognizes that the internet holds the key to a world of skills and opportunities. One of the first instances I remember is spending time in Wikipedia researching history and a variety of topics, the breadth of information and insight I gained from this experience was truly paradigm shattering. As I became more experienced with internet literacy I recognized that in addition to Wikipedia one could read full-texts of books and find more substantial internet sources. In addition to improving my knowledge, it gave me a greater appreciation for the nature of academic research.

 

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Hi, need to submit a 750 words essay on the topic Introduction philosophy.

One of the critical condemnations of Existentialism has been that it is so much atheistic that the existentialists argue that God does not exist in the world. However, Sartre convincingly purports that existentialism is simply not that, and it is important to realize that, according to the existentialists, it does not matter if God exists or not. “Existentialism,” Sartre makes clear, “is nothing else than an attempt to draw all the consequences of a coherent atheistic position. It isn’t trying to plunge man into despair at all… Existentialism isn’t so atheistic that it wears itself out showing that God doesn’t exist. Rather, it declares that even if God did exist, that would change nothing. There you’ve got our point of view.” (Sartre, 51) According to him, it does not mean that the existentialists believe that God exists, but rather they think that the problem of the existence God is not the issue here. Therefore, it is important to realize existentialism as optimistic and as a doctrine of action. It is also fundamental to distinguish between the despair of the Christians and that of the existentialists, and the arguments of Sartre have great implications with regard to the existentialist understanding of human nature and the nature of vale.

One of the basic arguments of the existentialists has been that there is no human nature, in view of the fact that there is no God to conceive it and the philosophy of Sartre should be realized as an attempt to draw all the consequences of a coherent atheistic position. Therefore, the quotation given here has great implication in realizing the fundamental philosophy of the existentialists with regard to the nature of human beings. Existentialism has been charged with dwelling on human degradation and neglecting the gracious and beautiful, the bright side of human nature. However, Sartre offers a convincing explanation of how

 

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Hi, need to submit a 750 words essay on the topic J curve.

When the short duration is considered, the J-curve theory comes into play (Schaefer, 1995).

In the short-term, the export and import demand becomes rigid. Thus, the current account worsens before it improves. Nevertheless, after some time, the demand becomes less and less rigid. Hence, the price can be manipulated. The effect of this is an enhancement in the current account

The current account is the variation in the net foreign position of a country. The current account can also be termed as the summation of the returns of all foreign financial assets of a country and trade balance (Pitchford, 2002). A country’s foreign assets comprises of the capital gains, the interest payments, and the dividends. By using its money, a country is able to buy from foreign countries whenever it deems appropriate. Addition of the liabilities and the foreign assets defines the financial position of a country. Is it in debt or is it in surplus. A current account keeps record of receipts received from and the payments that have been made to the foreign countries it buys from (Pitchford, 2002).

A capital account is a major constituent of the balance of payments of a country. It avails the net capital income and expenditure of a country. The capital account records the financial transactions of a country by way of titles to assets. It lists the foreign transactions to those of the market (Pitchford, 2002). A capital account is made up of purchase and disposal of non-produced, assets that are non-financial, and capital transfers (OECD, 2001).

The financial account is the ultimate account in the full order of accounts that lists the financial transactions between the units of the institutions within a country (IMF, 1996). The financial account list is composed of the transactions that include liabilities and financial assets occurring between foreigners and the country’s institutional units. Its primary constituents include

 

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Hi, need to submit a 750 words essay on the topic LAB10.

Population growth is a serious concern in China. it contributed to the “one child policy” (Lallanilla).

As mentioned in the previous question, population growth is a serious concern in China. There are approximately 1.3 billion people living in China. this represents 1/7 of the all of the people living on the planet can be found in China (Lallanilla). For this reason, the government implemented the “one child policy.” This prevents families from bringing more people into the world that is already overcrowded. Each family can freely have one child, however, when necessary any couple can petition to have another. Under certain circumstances this is acceptable. For example, if the child is a girl, the family would have no male heir to the family name. in these cases another child may be allowed.

1. Using the U.S. data at http://en.wikipedia.org/wiki/List_of_countries_by_past_and_future_population and https://www.cia.gov/library/publications/the-world-factbook/index.html to compare the population size, age structure, and population projection for 2050 of your country to the United States. Which of the two will have a greater impact on the world condition in 2050? Explain.

Based on the charts provided, China will have less population growth between 2020 and 2050 than the United States will continue to grow, although nominally at 0.70% increase. For this reason I would definitely say that the United States will surpass the overall population of China and have a greater overall impact.

2. Select another country from those posted on the discussion forum. When choosing the other country, try to find one that has problems different from your own. Compare the population size, age structure, and population projection for 2050 of your country to your classmate’s country. Which of the two will have a greater impact on the world condition in 2050? Explain.

Although Canada’s population will continue to grow over the course

 

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