Accruals concept is the concept that attempt to correctly match all the accounting expenses (cost) to the income (revenues) to the year at which it occurs at that accounting period, thus referred to as accrued expenses. Whilst a going concern is an assumption that every business will continue in operation for the anticipated future, thus is a going concern for several years, unless if there is evidence i.e. owner acknowledgement. In the Introduction to Accounting Book by Marriott, Edwards& Mellett 3rd Edition it states, “The going concern concept assumes that the business is a permanent venture and will not wound up in the foreseeable future”
However, problems might arise in companies applying the two concepts, accruals and the going concern. Firstly looking at the accruals concept, “Under the accruals concept, revenue and costs are credited or charged to the profit and loss account for the year in which they are earned or incurred, not when any cash is received or paid” (http://www.tutor2u.net/newsmanager/templates/?a=1373&z=82 ) . Therefore this manipulates the accounting statement in way that income shown is not what the business received and then the concept attempts to spread the cost. Thus the concept provides a false picture as to what cash reserves are available within the business, which could result in serious cash flow problems. For instance, the income ledger may show thousands of dollars in sales, while in reality the bank account is empty because debtors haven’t paid you yet, therefore the problems will arise when the debtors finds it hard to pay off the credit, or they might delay with their payment due to unforeseen factors this will then affect the company’s working capital, which is the amount the business have for day to day expenses. Thus, the profit indicated in the profit and loss account or the balance sheet is unrealistic, in short terms this reflects a false picture on the actual business performance at the end of the accounting period i.e. yearly.

The main purpose of recording the business transactions, so called financial accounting is defined clearly in the Introduction to Accounting Book by Andrew Thomas 5th Edition: “Financial Accounting is the process of designing and operating an information system for collecting, measuring and recording an enterprise’s transactions and summarizing and communicating the results of the transactions to the users.” The part I want to draw attention on the definition is ‘communicating to the users,’ thus if there is a false reflection of the business cash or profit for the business at that short-term period, external users of the financial information i.e. potential investors’ evaluation on the business performance whether to invest or not will be adversely affected. This is because business might not be able to payback the invested money due to its liquidation problems. Therefore in a way, if the accruals concept results in this, there is an element of deceitfulness in the accounts to show the exact performance of the firm at that point of time.
The concept also brings about the technique of “depreciation of fixed assets in the balance sheet and profit and loss account. The concept requires the firm to estimate the net cost of the asset (i.e. cost less residual value) and charge it to the periods expected to benefit from its use (i.e. its useful economic life). In other words, this technique will be matching the cost of using the asset with the revenue it helps to generate.” (http://www.accaglobal.com/students/publications/finance_matters/archive/2000/43/15563). The problem with this is when different methods of depreciation are used within the firm or for firms within the same industry. Therefore the firm can not compare to its competitors accurately as different method have been applied in their accounting statement, and also comparing the performance of the firm from its past year(s) might be inaccurate.
The problem for companies applying the going concern is that it affects the business activity, in terms of how the entity functions basing on its objectives. The concept assumes that the firm is going to remain in existence for and beyond the foreseeable future; therefore the main objective will be on continuity. Therefore techniques like depreciation are used when preparing the books of accounts, fixed assets will normally be shown in the balance sheet at cost less accumulated depreciation. The use of this concept also includes a large amount of judgement on the future basing on the information accessible at that point of time when the judgement is made. Therefore historistic information is used, however they are other external factors that affect the entity in future that are not taken in account, i.e. the inflation might affect the prices with in the market, therefore the residual value that is used for depreciation for the fixed assets, might not be what has been predicted, therefore the firm is likely to either over-value or under value its assets…

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Often, students are examined in their respective majors to test their mastery of the content that they have learned over time. The essence of this, in most instances, has always been to assess how well students can apply the content covered over the study period. The most popular evaluations are those that are to be submitted at the end of the study. There are various test that may be administered, but the commonest are research papers, capstone projects, theses, and dissertations. The choice differs from one institution to another, and to a larger extent, one region to another. The duration taken to complete each is different and with different approaches- however, the goal is the same.

Research Papers

The structure of academics is designed in a way that every academic year has a syllabus with set objectives that need to be met. A research paper, one of these objectives, is basically a comprehensive paper detailing all the things that the students have learned in a certain academic course during the course of an academic semester.

To students, a research paper is intended to add a couple of benefits in their studies. First, the comprehensive nature of the paper requires students to read widely and fully comprehend the contents of the coursework. This enhances a student’s ability to conduct a research, and this skill is expected to help them when the time to do their thesis comes. Since it requires reading widely and fully understanding the specific course, the research paper also serve to help students to prepare for their upcoming examinations. Most importantly, since it is an assessment of a student’s attentiveness and seriousness during the entire semester, students will find it difficult to pass or even earn a credit in a course without scoring a decent grade in the research paper. We have provided a free sample of  an excellent research paper here. In case you need to learn more, read on what research papers entail.

Capstone Project

A capstone project is often  confused with a thesis or a dissertation. While they may share similarities, a capstone project, however, has some distinguishing features. A capstone project is a paper that is written by students at the end of their final year of studies, mostly covering two semesters. Through a capstone project, a student first identifies an existing real life problem, and then comes up with a viable solution using the acquired specialized knowledge and technical skills from their coursework.

There are some professional guidelines on writing capstone projects as well as quick tips to writing good capstone papers. All these will offer greater insight.

The benefits of writing a capstone project are numerous. The most important element of  capstone projects is that they come up with solutions to real life problems facing people, and hence they have the potential of making a direct positive impact to a community. Secondly, a capstone project gives a student a chance to conduct research in a field that they are enthusiastic about. This is expected to help the students as they prepare for their careers, or even further studies. Our services are not limited to this category, find out more writing services offered at Proficient Papers.

Dissertations

Dissertations are final year projects that require students to conduct extensive research on a topic of their own choosing. These could be additions to already existing research or a totally new topic. Dissertations are mostly a test of a student’s ability to choose their own topic and conduct research independently, and are more focused on the methodologies used. They are also designed to ensure that the graduating students are able to make contributions in their professional fields.

While preparing dissertations,  students engage in other research-related activities such as preparing annotated bibliographies and writing article critiques  with an aim of forming a foundation for the entire research. A dissertation is fundamental in the calculation of students’ final grades. More often, students are supposed to prove a certain theory that they have adopted, fill an existing research gap, add onto existing research, or even provide an approach to a problem of interest. Submitting a dissertation for grading should alway be done with caution. Most students tend to be reckless and end up submitting copies that have errors, leading to loss of points. We always advice students to seek  editing and proofreading services to make sure their final dissertation-projects meet the requirements. Should you have any doubts, we have prepared a great guide on writing final research projects that will give you a sure pass.

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It started like any other day up on the hills of Rhein, but that day had the scent of freedom floating in the air. The journey ahead of me had been teasing me for weeks, I was just so anxious to get away and start all over again. I had made certain arrangements before I left, our family dog was not allowed on the ship that we were going to be arriving in America, so I had my parents take care of the dog for us. It was a hard thing to do seeing that the dog had become more than just a pet to the children and I, for we almost would recognize him as a family member. Most of our possessions we were able to keep with us, but we had to keep the load light since it was going to be a tight stay in the steerage. I wasn’t sure of what to expect in America, but my friend Niva had been writing me ever since she had arrived in America; begging me to witness the splendor of freedom given, and the different way of living. I was easy to be convinced into going because it seemed like nothing was really happening in my life, and I was desperate for a change.
The sea breezes were dancing around me as I waved goodbye to my ma and pa. Tears streamed down my face as I looked at what I was going to be leaving, it was my life and my past. Each of the children were given a photograph of the last time we were all together, including our dog Marcy and my ma and pa. Their small hands drifted in the breeze while waving goodbye to everything t…

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Women of Dreams
The question, “What do you want to be when you grow up?” is often asked by teachers, parents, friends, and family addressing younger children. It would seem that most Americans have within them the sense that dreams do have the potential to become reality. People often choose to see the “bright futures” of children in order to reassure them they can be anything they want to be. It seems as though there are no barriers to reach a goal if enough hard work is applied. Does this truth transcend cultural divides? Do people of minority in the United States have the same hope about their futures as the majority does? Sandra Cisneros depicts the unique dreams of Mexican-American women despite cultural depression in her story The House on Mango Street.
The plot of The House on Mango Street symbolizes an immigrant family moving to the United States in hope of a future with more opportunities. It is a story about a girl by the name of Esperanza and the retelling of the events in her childhood. Esperanza faces many challenges growing up in an underdeveloped neighborhood of inne…

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When I was deliberating topics for my case study ethnography report I was inspired to examine some one very close to me who is “undocumented”, someone whose experience I have seen first hand, some one who has affected my life and understanding of immigrants with his situation; my partner, Mario. This class has exposed us to many writings on the subjects of migration, immigration and emigration. I began to compare the concepts and information in the readings to Mario’s personal situation. I was curious if his answer would be “In search of a better life” when asked, “Why did you come here?”

By offering personal insights and experiences regarding his/our situation I would like to discuss issues directly related to the expected learning outcomes that the course Migration and Culture had put forth in the beginning of the semester, including: patterns, transnational events, understanding why people migrate and impacts on the host and home communities of the migrants.

I had crated a semi-formal interview with Mario and asked questions that might help me and others understand the issu…

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Employment is hard to find and hard to keep and a job isn’t always what one hoped for. Sometimes jobs do not sufficiently support our lifestyles, and all too frequently we’re convinced that our boss’s real job is to make us miserable. However, every now and then there are reprieves such as company holiday parties or bonuses, raises, promotions and even a half hour or hour to eat lunch that allows escape from monotonous workloads. Aside from our complaints, employment today for majority of American’s isn’t totally dreadful, and there always lies opportunity for promotion. American’s did not always experience this reality in their work places though, and not long past are days of abysmal and disgusting work conditions. In 1906 Upton Sinclair’s “The Jungle” was published. His novel drastically transformed the way Americans felt about the unmitigated power corporations wielded in the ‘free’ market economy that was heavily propagandized at the turn of the century. Corporations do not have the same unscrupulous practices today because of actions taken by former President Theodore …

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Between the years of 1840 and 1914, about forty million people immigrated to the United States from foreign countries. Many of them came to find work and earn money to have a better life for their families. Others immigrated because they wanted to escape the corrupt political power of their homelands, such as the revolution in Mexico after 1911. Whatever the case, many found it difficult to begin again in a new country. Most immigrants lived in slums with very poor living conditions. They had a hard time finding work that paid enough to support a family. Not only was it difficult for immigrant men, but for women as well. Immigrant women faced many challenges including lack of education and social life as well as low wages and poor working conditions.
When families immigrated to the United States, men were primarily the ones who were expected to learn and bring in wages to support the family. While women did bring in wages as well, they were expected to care for the home and take care of the children. Because of this, women lacked the chance to go to school and become educated …

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The professor of my linguistics anthropology course this year, stepped up to the podium on the first day of class, and surprised us all with his feelings regarding language. He began by telling us that he specializes in human misery, perhaps insinuating language is a source of misery. Dr. Song is a Korean immigrant and the sounds of his own language repulses him. Growing up in modern society America has made him cringe at the sound of his native tongue. It is this same native language of Korean that my professor falls back into when he is made nervous by an English speaking person leaning in closer to him and squinting up his face expecting not to understand what will come out of his mouth before he even opens it. It is as if the frustration and impatience he has confronted in people has fostered a hatred for the part of him that is foreign.

Michael Agar, a leading theorist on modern linguistics, has proposed a reason for this regression. In looking at the elusive idea of “culture” we see that the content is ever changing. It is a continual process one that Agar says “is not something those people have; it’s something that happens to you.” My professor used an example of two types of drivers to demonstrate the different reactions to the complications that arise with culture. These two drivers will be called the first and second driver. The first driver embodies the number one type and the second, the good driver. He uses the situation of traffic congestion to put these types into perspective. Imagine a driver during traffic congestion. The number one type will say to himself, “The system is causing this inconvenience, because it is always like this.” To a number one type, it is this “immutable truth” that is the cause of any obstacles. This truth can be applied to almost anything in a society where we are surrounded by reproducible images and experiences, which grants permission to use stereotypes. The problem (the traffic congestion) is caused by a “thing” out there and is objectified….

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“The ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people.”~ Martin Luther King, Jr.
As Martin Luther King, Jr, described, oppression is a worldwide problem, however though the most crucial group is the Mexican immigrants in America, due to the economical, educational, and societal discrimination they face in a country where is everyone is said to be free; consequently though due to anti- immigration groups and non- acceptance in America, this problem has remained unsolved, and will remain so until people can learn to accept people for who they are, and not where they come from.
As long as civilizations have been around, there has always been a group of oppressed people; today the crucial problem facing America happens to be the discrimination and oppression of Mexican immigrants. “Mexican Americans constitute the oldest Hispanic-origin population in the United States.”(57 Falcon) Today the population of Mexican’s in the United States is said to be about 10.9%, that’s about 34 million people according to the US Census Bure…

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