Amethyst essays

Amethyst expositions The name for the mineral amethyst originates from the Greek word amethustos which implies not plastered. In the main century a well known Greek god composed that amethyst was named for its shading being almost equivalent to the shade of wine. Early Greeks accepted that drinking wine from an amethyst cup would forestall inebriation, or becoming inebriated. Amethyst is a purple gemstone. Iron and manganese mixes or debasements cause this purple hue. The purple shade of amethyst is because of modest quantities (around 40 sections for every million) of iron (Fe4+) pollutions at specific regions in the precious stone structure of quartz. The distinction among amethyst and citrine is just the Oxidation State of the iron pollutions in the quartz. At the point when warmed, the iron contaminations are decreased and the amethyst's purple shading blurs and gets yellow to ruddy orange (citrine), green, or dry contingent upon the region and the first oxidation condition of the iron debasements at present and the sum and time of the warming. The amethystine shading for the most part can return by illumination, which re-oxidizes the iron pollutions. The procedure should be possible in a research facility, yet not frequently and when done is extremely hard to tell that the mineral is manufactured. The shading can likewise return by a characteristic procedure of deteriorating of a close by radioactive mineral. This is for the most part a reversible procedure, yet consistent warming can change the dispersion of the iron polluting influences at various locales inside the quartz making it difficult to change over it back to amethyst by post light. The warming procedure can happen normally or artificially. Its known to be one of the most important quartz stones and its additionally known to be high in cost. Amethyst is promptly accessible in all sizes and shapes. Amethyst is made out of crystalline quartz. Crystalline quartz is a dichroic precious stone and if the quartz is warmed it will change the shade of the mineral into yellow, making another gemstone or mineral called c... <!

Flight in Song of Solomon, Native Son, A Worn Path, Sad Sweet Story of

Trip in Song of Solomon, Native Son, A Worn Path, Sad Sweet Story of Sugar Lips Shinehot, and Portable Promised, and Land First Eagle Story Since the very beginning every single person have had an interest with human flight. Watching a feathered creature take off through the air, one really want to want similar capacities. Envision the perspective of the fowl that flies high over the trees, among the mountains, over the sea, and high noticeable all around, far away from the racket of regular day to day existence on the ground. To have the opportunity and capacity to discharge ones self from the tribulations experienced with two feet on the ground, and spring far up into the clouds into the tranquil, blue sky is a typical human want. Since antiquated occasions, flight has spoken to the chance to liberate ones self from the chains of persecution. For instance, in the Bible, Moses conveyed the oppressed Israelites from Egypt and the Lord trained Moses to let them know, You have seen what I did to the Egyptians, and how I bore you on falcons' wings and carried you to Myself (Exodus 19:4). In addition to the fact that flight represents opportunity from abuse, however it has likewise filled in as a wellspring of solidarity: Yet the individuals who look out for the Lord/Shall reestablish their quality;/They will mount up with/wings like hawks (Isaiah 40:31). From the beginning of time, Americans have grown up respecting and craving the numerous legendary figures with the capacity to fly without having wings. Superman, with excessively human forces, had the capacity to go around the globe and spare guiltless individuals from hurt with his capacity to fly. Santa Clause and his reindeer couldn't in any way, shape or form convey toys to youngsters everywhere throughout the world without the capacity to fly. Diminish Pan, the endless kid, carried on with his life expended in the infantile interests an... ...51-682. Ed. Penn, W.S. The Telling of the World: Native Americans Stories and Art. New York: Stewart, Tabori, and Chang, 1996. Runnels, T.J. Ascend Above with Eagle. The Red Pathway: Newsletter of Native American Philosophy. http://www.lvcablemodem.com/mahinto/eagle1.html. (15 Oct 2001). Smoke Signals. Dir. Chris Eyre. Miramax Films, 1990. Ed. Stewart, Holly, and Cheryl Wilson. Accounts of the People: Native American Voices. National Museum of the American Indian-Smithsonian Institution. New York: Universe Publishing, 1997. Toure. The Sad Sweet Story Of Sugar Lips Shinehot And The Portable Promised Land. Callalou. 21.2 (1998) 327-335. Welty, Eudora. A Worn Path. The Norton Anthology of Literature By Women. Eds. Sandra M. Gilbert, Susan Gubar. New York: W.W. Norton and Company, 1996: 1641-1646. Wright, Richard. Local Son. New York: Harper Perennial, 1940.

Problem Students Essay Example | Topics and Well Written Essays - 500 words

Issue Students - Essay Example At first, I needed to suit and alter my showing strategies and methods according to the necessities of these kids (Fisher, 2005). As an expert teacher, it was my center obligation to speak with them in the most ideal way and tune in to what they are stating. In spite of adhering to all the fundamental standards and strategies that must be followed while managing specialized curriculum youngsters, I experienced a significant issue (Olson, et al., 2008; Brown et al., 2008). In spite of the fact that the system that I embraced was very successful and incorporated all the essential prerequisites for a custom curriculum, there was an absence of the correspondence plan with youngsters with listening inconsistencies. Since this was my first involvement with the field of a custom curriculum, in this manner, I confronted trouble speaking with these kids (Fisher, 2005). In spite of the fact that I made arrangements for everything else, I didn't understand that these youngsters need more consideration and improved procedures of correspondence. Be that as it may, with the assistance of my partners, I had the option to learn different strategies to speak with these youngsters. I additionally took help of the Individualized Education Plan (IEP) (Vickerman, 2007; Olson et al., 2008). The two months training involvement with the field of a specialized curriculum showed me extraordinary exercises. It gave me tolerance and helped me understand the issues of extraordinary kids in detail. I gave additional consideration to such youngsters and even masterminded extra/extraordinary classes for these kids on a week after week premise (Olson et al., 2008).

University Level Essay Topics - What They Are And How To Use Them

University Level Essay Topics - What They Are And How To Use ThemWhether you are just finishing your first year of college or have been studying for a few years, you should learn about the different University level essay topics that are available to you. In order to make sure that you choose an essay topic that is right for you, here are some tips to help you out.As I mentioned before, the first thing that you should do is take some time to learn about the background knowledge of the person who is going to give you this assignment. Once you have decided on the topic, do some research on the background and see if there are any professors or teachers who have used that same topic in their coursework.After you have gotten an idea of the topic that you would like to cover, check out the topic itself to make sure that it is a topic that you are interested in. If the topic is something that you don't like, don't use it. Even if it seems like a good idea at the time, it will not be right f or you.Once you know that you are ready to get started with your University level essay topics, just keep reading up on the subject and you will find more tips to help you write your first essay. After you have figured out what you want to say, you can go ahead and start putting together your essay by reading through it and taking notes.It might sound easier than it actually is, but writing a first essay is actually an easy task. You have a lot of options open to you, so long as you know what you want to say.The biggest thing that you should keep in mind when you are writing your first college essay is that you need to think of ways to improve your writing skills. There are books out there that will teach you how to write more effectively and there are many online classes as well.The best thing that you can do is to take some time to learn about University level essay topics, find some professors who are using the same topic, and work from there. Writing a well-written essay is not something that you should rush because if you don't start off on the right foot, you will find yourself running around in circles, writing over again until you become bored and have to put it aside.

Into The Wild By Jon Krakauer - 3297 Words

Into the Wild – RRS Title: Into the Wild Author: Jon Krakauer Publication Date: 1996 Nationality: American Author’s Birth/Death Date: April 12, 1954 – present Distinguishing Traits of Author: Jon Krakauer is an American writer known for his writings about the great outdoors. After being introduced to mountaineering as a child, Krakauer devoted much of his life to mountain climbing, leading up to his 1996 expedition to Mt. Everest. In his Into Thin Air, Krakauer recounts the dangerous journey, in which four of his teammates had died. Krakauer’s love for adventure significantly impacted many of his literary works, including Into the Wild, which focuses on the value of life and death, especially when one ventures into the great outdoors. Setting: In the beginning of the novel, Into the Wild takes place on the road just outside of Fairbanks, Alaska, heading towards the Denali National Park. As Gallien drives to a stop to drop Alex off, â€Å"the first few miles [of] the Stampede Trail was well graded and led past cabins scattered among weedy stands of spruce and aspen [but,] rapidly deteriorated† into a â€Å"rough, unmaintained track† covered by a â€Å"foot and a half of mushy spring snow† (6). A weathered bus, left by Yutan Construction in 1961, is located â€Å"just beyond the boundary of Denali National Park† (10). McCandless also journeys along the Colorado River, where he encounters hazardous waterfalls and high winds. After returning from Mexico, McCandless stays in an emptyShow MoreRelatedInto the Wild by Jon Krakauer563 Words   |  2 PagesJon Krakauer presents Into The Wild a tragic tale of a young ambitious man who is motivated to go into the wilderness and discover his true identity.Jon krakauer conveys many messages to his readers through Chris McCandless, and his messages often offer a warning to society.we will furture idenitfy how the author delievers the warning to society and what effect it can have upon society today.Three of the very important messages he empatizes on are the societies influence on people,the essence ofRead MoreThe Wild By Jon Krakauer1096 Words   |  5 PagesAllyssa Mikes July 2012 Into the Wild Mr. Fertmann Throughout the non-fictional novel Into the Wild, the author Jon Krakauer catches the reader’s interest early on in the book. Krakauer takes us on a journey, telling the story of young Chris McCandless’ adventures after abandoning everything he owned. Krakauer fully emerged himself into the study of McCandless’ life’s adventures and soon developed a deep understanding of who he was and how he impacted to world. Krakauer connected with McCandless in anRead MoreInto The Wild By Jon Krakauer946 Words   |  4 Pagescompelling novel â€Å"Into The Wild† by Jon Krakauer the character and intelligence of the youth in men is questioned. Through the pieced together 200 page novel we are introduced to Christopher Johnson McCandless also known as â€Å"Alex Supertramp†. A ripe 24 years of age he chose to question our reality and his meaning of life that is given to us by hitchhiking across America to the Alaskan wilderness, where after four months in the last frontier he is found dead. Krakauer throughout the novel shows thatRead MoreInto The Wild By Jon Krakauer1330 Words   |  6 Pagesshared.† - Jon Krakauer Into the wild. Jon Krakauer, the author of Into the Wild told the story of Chris McCandless. Chris escaped reality and went to go live off the land in Alaska, hoping to live a simpler life. In the novel, Into the Wild by Jon Krakauer, Chris McCandless shared a similar philosophy with Jack London, as they both have a strong passion for Alaska, they both appreciated they beauty of nature, and both wanted to be reborn. In the novel, Into the Wild by Jon Krakauer, Chris McCandlessRead MoreInto The Wild By Jon Krakauer1349 Words   |  6 PagesSummary Into the Wild by Jon Krakauer is a true story about Chris McCandless who is found dead in the Alaskan wild during September 1992. After discovering that his father had a secret secondary family when Chris was young, Chris pushes away his friends and family and eventually isolates himself. He obtains $25,000 from his parents by lying about attending law school and drives away from home, deserting his real name. He later leaves his car in Georgia after an engine breakdown due to rain damageRead MoreThe Wild By Jon Krakauer1522 Words   |  7 Pagesvictories.† (Richard M. Nixon). In his investigative biography, Into the Wild, Jon Krakauer, expresses that even though young people can be ignorant and take treacherous risks, these can be used as knowledge enhancers and can be life changers. Krakauer gives us insight by giving examples of what risk really are, how people take them, and how it actually affects those people. Throughout the whole book there are instances where krakauer uses real life examples of things that have happened where people haveRead MoreInto The Wild By Jon Krakauer Essay1237 Words   |  5 Pages Jon Krakauer s novel â€Å"Into the wild†, Is a story about a young man named Christopher McCandless or â€Å"Alex Supertramp† who went on a self discovering odyssey in which he had traveled around the U.S. The story surrounds Chris and his travels and what he had done at the time, leading to his death in August 1992. Thus the story takes a direction in the viewpoints of the people Alex has come across through in his travels. It speaks about what he had done at the time of his journey before he hadRead MoreInto The Wild By Jon Krakauer1013 Words   |  5 Pages Into the Wild, by Jon Krakauer, narrates the life of adventurer and free spirit Christopher McCandless, who died August 1992 in the Alaskan wilderness; however, his journey still remains relevant in today’s pop culture due to the unresolved controversy of whether he is a saintly role model or hubristic fool. Krakauer openly states that he â€Å"won’t claim to be an impartial biographer† (Author’s Note) due to the parallels he struck with McCandless, and provides a more idealistic approach to the biographyRead MoreInto the Wild by Jon Krakauer1516 Words   |  7 PagesRosselini, John Waterman and Carl McCunn. They all went to Alaska, just like Chris and died. After that Chris continued to canoe and got caught by the US officers when he was trying to get back into the US from Mexico. So he spent a night in jail. Krakauer then compared Chris to Everett Reuss. They both changed their names and they both disappeared. Chris applied for an ID as Alex Supertramp and found a job in Los Angeles. New York Times published about Alex’s death. Jim Gallien and Wayne WesterbergRead MoreInto the Wild: by Jon Krakauer1186 Words   |  5 Pagessense Krakauers natural liking for McCandless. He was sympathetic to McCandless, based on Krakauers sense of a shared experience in their youth and up until McCandless eventual death and Krakauers perceived near death experience on the Devils Thumb. I believe the author’s main point and perspective was formed from his own experience and relationship with his father. While the situations were basically reversed with Chris not approving of his father and Lewis Krakauer disappointed in Jon for not

Personal Selling Strategy Dress Code Essay - 884 Words

Personal Selling Strategy Dress Code Businesses first line of personal selling begins with their worker’s experience, i.e. when the customer will form an opinion of the employee. Our business will be unusual when it comes to the dress code. Tattoo and or piercing shops are not held to the same standards as corporate/other forms of employment. In our business we will be going against the norm and require that our artist employees have at least one visible tattoo and preferably one piercing. This is due to the simple fact that someone who wishes to get a tattoo would prefer that the individual performing the work have tattoos themselves. The idea boils down to our company’s preferred image in how we do business and how our customer’s confidence in our employees is solidified. With this being said, Tatts2Go employees will dress in a semi professional manner which highlights both their personal artwork whilst remaining tasteful. Closed toed shoes will be required, and at no time will long sleeve shirts be allowed. For male artists the ideal attire would include jeans, tennis shoes and a collared or styled short sleeved shirt. For the female artists they should wear tank top style shirts with jeans and or skirt based on their preference. At the end of the day the way our employees dress should reflect our image of quality tattoo services provided in a clean, specialized manner. Customer Approach The next piece of personal selling after appearance is the methodShow MoreRelatedAnalysis Of Macy s Inc.1665 Words   |  7 Pagesand strategies must be directed toward providing a localized merchandise offering and shopping experience to targeted consumers through dynamic online sites. Aggressive implementation of the company’s customer-centric strategies by a talented, experienced organization will provide Macy’s, Inc. with an important competitive edge. 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Market Entry of Chemist Warehouse Australia-Samples for Students

Question: Elucidate on the market entry of Chemist Warehouse Australia within France and Singapore. Answer: Introduction The Australian company, Chemist Warehouse is instrumental in the operation of a chain of retail pharmacies. It is the largest pharmacy retailer that has more than 8000 employees. The company is known for offering discounts in relation to pharmaceutical goods. It is also called the McDonald of pharmacy and it has a complex franchise structure that can circumvent the regulations of Australia. It limits the number of pharmacies that can operate within any particular area. The structure of the company allows it to control around 300 pharmacies within Australia that makes up around 20 % of market share. Business model that is made use of by the Chemist Warehouse involves minimal equity investment by that of the individual pharmacists complying to the trading terms (Paola 2016). The individual pharmacists who are working under that of Chemist Warehouse umbrella reap the benefit from that of bulk purchasing power. The individual pharmacists can thus take the advantage of being associated wi th Chemist Warehouse (Chemistwarehouse.com.au, 2017). The company earns an average revenue of around $2.3 billion in a year. According to the Inside Retail Magazine, its position is number 16 among the 50 powerful retailer (Haggan 2015). It was founded in the year 2000 by Mr Gance along with that of his notorious secretive family. This reputed brand chain is mainly known for its special bright fluoro discount tag. The company also boasts of many chemist along with My Beauty Spot Store. Around two million Australians walk into the shop in each week thus helping in making its owners- Gances along with their partners extremely rich. They started the business without having the need of raising outside capital. It initially started with that of single store and has completely transformed the retail landscape of the nation. The Australian public are drawn to the brand for its discounted healthcare products. Pharmacy Guild have criticised their discount behemoth and stated that it threatens the healthcare standard along with employment conditi on within industry (Thai, Vitry and Moss 2014). Macro-environmental and Geopolitical force Macro-environmental and geopolitical force of France According to the Code of Public Health, a medicinal product can be sold within France if it is registered and authorised for sale. They should have the marketing authorisation (MA) and medicines that are authorised in a different EU jurisdiction should have an import licence with the help of which it can be imported within France. The unauthorised medicinal products can be distributed with the help of a compassionate use programme. The medicinal product should obtain temporary use authorisation from that of National Security Agency of Medicines (Hayes 2016). There are exceptions in relation to authorisation requirement that is produced at a pharmacy and which was intended for a particular patient. Bertrand Law provides authorisation to the French Drug Agency to enforce new indication to that of a product that is already authorised. This happens when the new indication is already in use outside that of the official scope of indication. This is known as recommendation temporaire d util isation. A temporary use authorisation helps in allowing early access to that of new promising drug or to that of old drugs that are not covered by that of marketing authorisation in France (Morse 2015). This occurs when there is an unmet need. Political Economic The government is greatly centralized and has tight administrative control It has heavy industries that can manufacture machinery and electronics and chains of supermarkets throughout out the world Social Technology Income along with class disparity exists and the youth fall prey to the criminal activities Health is a sector in which France is deploying its research budget The government of France being greatly centralized does not encourage the market entry of other business. It acts as a barrier in relation to free trade. France is making use of the research budget in the sector of health so that it can develop the particular sector. Macro-environmental and geopolitical force of Singapore Singapore has undergone economic growth and the growth is on account of private consumption expenditure along with that of investments. The Singaporean economy is known for having an economy that is vibrant and based on free market policy. There is the prevalence of an environment that is corruption-free that greatly supports the sector of business (Gopinath, Helpman and Rogoff 2014). The legal along with financial framework bodes well for the market entry of new business. The government has provided a lot of investment in relation to diversifying the economy. On account of this kind of policy, the pharmaceutical along with other industries have greatly flourished. The geographical position of Singapore that is strategically very convenient facilitates trade and market entry. Political Economic It is a democratic country and there is chance of lowest amount of political risk It has a vibrant free market economy and has corruption free environment Social Technological The people residing is hard working that has led to the prosperity of the place. Internet has played a key role in the advancement of Singapore. The vibrant free market policy of Singapore greatly facilitates the pursuing of trade with that of other countries. People working in Singapore are really hard working that has caused the place to prosper. Trade and Business Policy Trade and business policy of France The member states of European Union (EU) have created a system of Community Integrated Traffic in which case duties are applied to that of imports from those countries that are non-EU. The Uruguay Round has implemented a single market program. It lays emphasis on the strengthening of the European market rather than that of creating new policy direction (Matsushita et al. 2015). The duty that is levied on imports from that of non-EU countries is of a moderate amount. The manufactured goods are burdened with a tax rate between that of 5 and 17 percent. The tariff schedule of the European Union is on the basis of Customs Cooperation Council Nomenclature also named as the harmonized system. This system was brought into practice in order to solve the purpose of providing standard tariff classification (Matusz and Tarr 2017). Case duties are applied to the imports of other countries that are non-EU. The single market program of the place will hinder the entry of Chemist Warehouse Australia. Customs Cooperation Council Nomenclature helped in providing standard tariff classification. Trade and business policy of Singapore The policy of the government lays emphasis on economic restructuring from that of labour intensive growth to that of productivity. An incentive structure is encouraged that encourages skill-enhancing investment within the parameter of workforce. Openness in relation to trade along with investment is the main hallmark of the trade policy of Singapore (Rugman and Verbeke 2017). The goods and services trade becomes almost four times to that of the size of annual GDP. The trade of Singapore is corroborated by network of 21 regional along with bilateral trade agreement. Merchandise trade and preferential trading partner account for 80 % of the import of Singapore. Skill enhancing investment in Singapore would prove to be a benefit for Chemist Warehouse Australia. Open relations in trade would greatly benefit a foreign country for carrying out trade. There is bilateral trade agreement that would greatly help Chemist Warehouse Australia. Dangers and opportunities Dangers and Opportunities of France Dangers Companies should be able to adapt themselves quickly so that they can successfully manage the unfavourable economic environment. The global companies that are doing business in France have to face the legal and administrative challenges that add a level of complexity. They also have to incur additional expense. The tax system of France is very generous owing to the research tax credit of France. France swept past all the European counterparts in order to become the leading country in relation to fast growing technology. There was an increase of around more than 230,000 active enterprises in the year 2014 that accounted for a 7.2 % rise (Matusz and Tarr 2017). It was the largest increase within that of the European Union and the manufacturing sector saw net enterprise creation of around 9.9 %. In the year 2015, France went ahead of other European cities in order to raise seed capital. France was second within the European venture capital by the amount of transaction numbers. Opportunities One of the strength of France lies on account of low business cost that it provides for the foreign companies. According to a Competitive Alternatives Survey that was conducted in the year 2016 the operating cost of business was 9.5 % lower in France as compared to United States. France has been struggling with economic crisis however the GDP growth recovered by around 1.3 % in the year 2015 that was driven by public consumption (Rugman and Verbeke 2017). The social climate in France is restless on account of labour law. Structural reforms can help the country to deal with the challenges. Reduction in relation to budget deficit and improving the productivity can help in the arena of promotion of industrial development. Financial crisis has given rise to unemployment along with that of economic uncertainty (Leih and Teece 2014). Dangers and Opportunities of Singapore Dangers The open economy of Singapore makes it susceptible to that of external shock. Singapore faces regional along with global competition. The risks are posed by the fact that constraints are imposed on labour and credit will spoil growth (Blackburne and Buckley 2017). Opportunities Singapore has always acted as an advocate of multilateral trading system and it acts as a promoter of trade liberalization within the World Trade Organization. Singapore was among the first WTO member who deposited the instrument of acceptance to that of Trade Facilitation Agreement. Singapore operates the Trade Facilitation along with Integrated Risk-based system. Almost most of the products enter duty-free under that of applied MFN tariff regime. 70 % of the tariffs of Singapore are covered by that of are covered by that of tariff buildings that has a simple average bound rate of around 6.9 % (Gereffi and Sturgeon 2013). The transparency of the trade regime of Singapore is enhanced by that of regular notifications to the WTO committees. The export controls are put into force mainly in relation to health and safety. The export taxes are not applied by Singapore. The performance of economy in Singapore is often seen as barometer in relation to world trade. Conclusion The economic success of Singapore is on account of open policy of trade. Singapore will be a favourable country for the market entry of Chemist Warehouse Australia. The openness of Singapore in relation to international trade is on account of measures undertaken. Chemist Warehouse Australia can enter the market of Singapore very conveniently and the liberal financial framework will bode well for the business. The economy of Singapore is vibrant and its free market policy will be advantageous for the entry of a business. The corruption free environment prevailing in Singapore supports business greatly. The very convenient geographical position of Singapore will prove to be favourable for market entry. The trade regime is transparent that has been augmented by regular notifications of WTO committees. Singapore has pursued trade liberalization on the regional level. The government policy of Singapore is supportive and it helps in regulation of economic activities that can prove to be promising for the entry of Chemist Warehouse Australia. The companies that will do business in France have to encounter legal challenges that add an additional burden of complexity. The foreign accompanies also have to face additional expense in order to enter the market. The single market program of France is not conducive for business and acts as a barrier in case of market entry. The economic policy of France lays more stress on strengthening of market as compared to that of new policy direction. The goods that are produced have to face a tax rate between 5 and 17 %. France is facing consequences for the economic crisis that is not advantageous for the market entry. Social climate prevailing in France is very restless due to labour law (Thai, Vitry and Moss 2014). The company needs to undergo a lot of structural reforms that can facilitate trade and pave the path for a growing economy. Reducing the budget deficit can help in bringing about industrial development. The productivity should be improved so that it facilitates the running of a business. The financial crisis should be properly dealt with so that it emerge to become a country that supports business (Hayes 2016). The research ecosystem of Singapore has enabled the companies in the arena of accessing multidisciplinary capabilities within a single location. A large number of leading biomedical science company have made use of Singapore as their key home base in order to drive innovation. The pharmaceutical industry of Singapore has flourished to a great extent and this can prove to be a positive factor for the market entry of Chemist Warehouse Australia. Singapore is the leading logistics hub and the fastest growing bio-cluster within Asia that makes conditions favourable for the entry of a business (Gopinath, Helpman and Rogoff 2014). Singapore has strategic partnership with many research institutes and corporate labs that has helped in strengthening the pharmaceutical sector. The corporate hubs can help in developing new medicines and develop future therapy that has greatly strengthened the sector. Singapore lays great emphasis in developing a research ecosystem that is vibrant and the strong scientific foundation greatly helps in strengthening the pharmaceutical business. Singapore is mainly known for its clinical research facility within Asia and different initiatives like training of personnel have greatly helped the business to earn profit and grow (Leih and Teece 2014). Contract Research Organisations have established operations within Singapore in order to provide valuable support to the outsourcing needs of the firms. They provide different kinds of service and helps in validation of services in order to support the client. The clinical excellence of Singapore makes it hugely sought after and it is a poten tial market for business. The contract research organisations offer different kinds of services that help in the growth of the clinical business. References: Blackburne, G.D. and Buckley, P.J., 2017. The international business incubator as a foreign market entry mode.Long Range Planning. Chemistwarehouse.com.au. (2017).Australia's Cheapest Online Pharmacy. [online] Available at: https://www.chemistwarehouse.com.au/ [Accessed 21 Dec. 2017]. Gereffi, G. and Sturgeon, T., 2013. Global value chain-oriented industrial policy: the role of emerging economies.Global value chains in a changing world. Gopinath, G., Helpman, E. and Rogoff, K. eds., 2014.Handbook of international economics(Vol. 4). Elsevier. Haggan, M., 2015. Mario Tascone-Chemist Warehouse: Success is all about relevance...AJP: The Australian Journal of Pharmacy,96(1143), p.22. Hayes, J.P., 2016.Making trade policy in the European Community. Springer. Leih, S. and Teece, D., 2014. Market Entry Strategies. Matsushita, M., Schoenbaum, T.J., Mavroidis, P.C. and Hahn, M., 2015.The World Trade Organization: law, practice, and policy. Oxford University Press. Matusz, S.J. and Tarr, D.G., 2017. Adjusting to trade policy reform. InTrade Policies for Development and Transition(pp. 77-114). Matusz, S.J. and Tarr, D.G., 2017. Adjusting to trade policy reform. InTrade Policies for Development and Transition(pp. 77-114). Morse, E., 2015.Foreign policy and interdependence in Gaullist France. Princeton University Press. Paola, S., 2016. CWH and guild go head to head.PS Post Script, (Nov 2016), p.3. Rugman, A.M. and Verbeke, A., 2017.Global corporate strategy and trade policy(Vol. 12). Routledge. Rugman, A.M. and Verbeke, A., 2017.Global corporate strategy and trade policy(Vol. 12). Routledge. Thai, L.P., Vitry, A.I. and Moss, J.R., 2014. Discounting of medicines in Australian community pharmacies.Australian Health Review,38(5), pp.517-522.

THOUGHTS ARE BETTER THAN ACTIONS Essays - , Term Papers

THOUGHTS ARE BETTER THAN ACTIONS The reports from the Department of Education Statistics show that more than 90 million American adults lack simple literacy. Less than 20 percent of them have the know-how of metaphors and less than 4 percent of them can calculate on a calculator when given a problem sum. 60,000 youngsters drop out by the middle of the school year. A number of these drop outs end up in the prison. Even these days 130,000 children bring in guns along with their books to school everyday. There has been an 85 percent increase in the juvenile arrests for murder from 1987 to 1991. It really depresses me when I look at these statistics and think of International students like me. We have come away from home into a completely different country, a completely different culture, only because of the educational opportunities here and are paying twice, thrice the amount an American resident is paying in tuition but most of the nationals don't seem to have recognition or the realization of the facilities that they can avail. All. just because they do not have enough time to waste on "thinking" about these matters. Education is the key to the development in any area of life of an individual. Education seems to pertain to all important aspects of one's life reflecting upon personal ideas and thoughts. I seem to believe that the mind of today's generation are from all aspects , no less creative than those of Einstein ,or for that matter , any person who we might look up to for their intelligence or creativity. The brains of the present are intelligent but numb, requiring a little exercise before can reach its true capabilities. Even though, one might be intensely involved in what they are doing, rarely have I found someone who really understood, and thought about what they do, why they do it and what is it that they really want. It somehow is just taken as a fact of life. Basically, I am from a Third world country where the masses are mainly illiterate. People see deep thinking as being extremely dangerous for the person health and is even believed to give birth to an evil mind. Generally people have blind faith in the fact that what their forefathers have been practicing is the best and only way in which they are to lead their lives. It so appears that a farmer's son is to be a farmer, tailor's son is to be a tailor and a doctor's son is to be a doctor. We are living in a world where we do not even have the freedom of thinking for what exactly we want without being influenced by how others might perceive it .All we seem to be concerned about is how the society feels about a certain thing, and as for our own minds, they are set to rest and go stale . Anyone who appears, to be pondering over something is believed to eventually go insane. I, for one have personally been laughed at and called things like, " He is most probably half way through conquering the world", " What does he think that just by sitting there and fantasizing , all the riches of the world are going to come to his doorstep", "In reality is that all this thinking is only meant for the philosophers ." As for most of us we have to work in order to earn a living and sitting idle and brooding over something is merely a waste of time. Even thinking of something so ordinary as what to wear for the next party is considered as a waste of time by some. If only we could sit down once in a while, and think of all that we have achieved, and all that we would want to achieve. Be grateful for what we have, and think of ways of getting what more we want .The regular creative use of the brain, accompanied by good education would definitely help in making peoples lives a whole lot happier and peaceful .

Free Essays on Computer Graphics

Introduction Hollywood has gone digital, and the old ways of doing things are dying. Animation and Television networks have embraced special effects created with computers. Film editors, who for decades worked by painstakingly, Cutting and gluing film segments together, are now sitting in front of computer screens. There, they edit entire features while adding sound that is not only stored digitally, but also has been created and manipulated with computers. Viewers are witnessing the results of in he forms of stories and experiences that they never dreamed of before. Perhaps the most surprising aspect is that the entire digital effects and Animation. The future looks bright. How It Was in the beginning, computer graphics were as cumbersome and as hard to control as dinosaurs must have been in their own time. Like dinosaurs, the hardware systems, or muscles, of early computer graphics were huge and ungainly. The machines often filled entire buildings. Also like dinosaurs, the software programs or brains of computer graphics were hopelessly underdeveloped. Fortunately for the visual arts, the evolution of both brains and brawn of computer graphics did not take eons to develop. It has, instead, taken only three decades to move from science fiction to current technological trends. With computers out of the Stone Age, we have moved into the leading edge of the silicon era. Imagine sitting at a computer without any visual feedback on a monitor. There would be no spreadsheets, no word processors, not even simple games like solitaire. This is what it was like in the early days of computers. The only way to interact with a computer at that time was throug h toggle switches, flashing lights, punch cards, and Teletype printouts. How It All Began In 1962, all this began to change. In that year, Ivan Sutherland, a Ph.D. student at (MIT), created the science of computer graphics. For his dissertation, he wrote a program called Sket... Free Essays on Computer Graphics Free Essays on Computer Graphics Introduction Hollywood has gone digital, and the old ways of doing things are dying. Animation and Television networks have embraced special effects created with computers. Film editors, who for decades worked by painstakingly, Cutting and gluing film segments together, are now sitting in front of computer screens. There, they edit entire features while adding sound that is not only stored digitally, but also has been created and manipulated with computers. Viewers are witnessing the results of in he forms of stories and experiences that they never dreamed of before. Perhaps the most surprising aspect is that the entire digital effects and Animation. The future looks bright. How It Was in the beginning, computer graphics were as cumbersome and as hard to control as dinosaurs must have been in their own time. Like dinosaurs, the hardware systems, or muscles, of early computer graphics were huge and ungainly. The machines often filled entire buildings. Also like dinosaurs, the software programs or brains of computer graphics were hopelessly underdeveloped. Fortunately for the visual arts, the evolution of both brains and brawn of computer graphics did not take eons to develop. It has, instead, taken only three decades to move from science fiction to current technological trends. With computers out of the Stone Age, we have moved into the leading edge of the silicon era. Imagine sitting at a computer without any visual feedback on a monitor. There would be no spreadsheets, no word processors, not even simple games like solitaire. This is what it was like in the early days of computers. The only way to interact with a computer at that time was throug h toggle switches, flashing lights, punch cards, and Teletype printouts. How It All Began In 1962, all this began to change. In that year, Ivan Sutherland, a Ph.D. student at (MIT), created the science of computer graphics. For his dissertation, he wrote a program called Sket...

Gun Control Essay Example | Topics and Well Written Essays - 750 words - 3

Gun Control - Essay Example This essay dwells upon the problem of gun control and its influence.There is a widespread perception that committing suicide is a long process that requires planning just like a wedding or something else. Studies have shown that suicide does not require much rational decision but it is something done spontaneously. This means that if a person came across a death striking murder is at the verge life and death. This might sound far-fetched, according to Boston Globe report, states with high level of gun ownership have a suicide rate almost twice as high as those states with low ownership level. More surprisingly, people who committed suicide were found to be seventeen times more likely to live with guns at home than not. Most criminals who cause a massacre utilize illegal weapons. Between 1982 and 2012, the US has heard an astonishing number of roughly sixty-two mass shooting which was propagated by gun licensing. Mother Jones research outlines that out of sixty-two shooting; forty-nine were perpetrated using legal weapons. It is worth noting that, half of all mass shooters use assault weapons and high capacity magazines. A few sensible restrictions could have saved a lot of lives. If a criminal is determined to pull off a massacre, he could do it very easily using a shotgun, handgun or even a musket. So putting controls on the assault firearms is a good thing and should be encouraged. Gun control decreases the number of lives lost through reckless act of senseless shooting thus it save lives. Australia parliament supports this action. In fact in 1996, a mass shooter killed thirty five people in port Arthur in a massacre, two weeks later, the prime minister by then , John Howard launched an aggressive clampdown on gun ownership that have never been experienced in the history of Australia. Within this exercise, around 650,000 automatic and semi-automatic weapons were destroyed and a whole raft of checks and controls brought in. As a result, individuals stop the aimless killing (Lott 52). In fact, the killing rate reduced to zero. The main aim of gun is consumed by the lifestyle of US citizen. Frankly, very few of those who

Bussines writing (11) Essay Example | Topics and Well Written Essays - 250 words

Bussines writing (11) - Essay Example In today’s business world pie chart is one of the most common methods used for data representation. In a pie chart data is represented in a circular form wherein it is divided into different sectors with areas equal to the corresponding component. The percentage breakdown of the corresponding components is represented by the sectors also knows as slices. Pie charts are used in numerous ways during management meetings such as for representing resource and time allocations, budget categories, market share, expense analysis, income sources, etc (Quinn ). The purpose of a pie chart is to clearly communicate the figures than it could be by a set of numbers. A pie chart gives more clarity than a set of numbers as the figures are represented as pieces of a pie. Greater the figure, greater is the size of the piece. Apart from being clear and increasing clarity, pie charts are also very simple and visually appealing making it easy to understand. It is also very easy to resize and makes changes to a pie

Physical Education and Academic Achievement in 10th grade Essay Example for Free

Physical Education and Academic Achievement in 10th grade Essay Physical education in high schools in the United States of America is the one branch of academic filed which is gaining fast attention on the side of the Government policy, the schools administration. More and more emphasis-shift is being observed toward orientation of the students and their parents with regard to the importance of physical education and its connection with real life, health, and, above all, with higher academic achievement. In schools, although all grades bear importance with relation to physical education and higher academic achievement and attendance rate, it is, however, the ninth and tenth-grades where there is a turning point for the students. Therefore, it is the time for the schools administration to pay more attention toward the planning and application of the physical education in these grades. â€Å"Physical activity is critical to the development and maintenance of good health. The goal of physical education is to develop physically educated individuals who have the knowledge, skills, and confidence to enjoy a lifetime of healthful physical activity† (aahperd. org) It is apt to say that the way their physical education is planned and implemented required different parameters. This is so because the demands of students are different. They need to be exposed to such physical activities which not only excite them but also create a sense of responsibility in them; the main focus of such activities should then be to prepare them for real-life situation and challenges. Read more:  Physical Education Essays The present paper examines the link between physical education in 10th-grade and higher academic achievement in secondary schools of the United States of America. It also focuses on the link between physical education and its advantages when it comes to higher attendance rate and so on. The paper also investigates the findings of some major studies conducted in the area of academic achievement and its hypothesized relationship with such other diverse areas as after-school pursuits, homework phenomena, types of activities in and out of school, cross gender and ethnicity issues. This is to give the reader a proper understanding of the major issues in the present debate of achievement in high school and particularly of the tenth-graders. Review of Literature Physical education is a â€Å"systematic instruction in sports, exercises, and hygiene given as part of a school or college program† (infoplease. com). Thus, there are certain goals to be met by implementing the physical education scenario. There have been considerable attempts in encircling the physical education curriculum in the United States of America. However, it is only recently that more and more emphasis is being laid on the importance of physical education and its link between higher academic achievement and proportionate significance of attendance rate. Since the year 1987, NASPE (the National Association for Sport and Physical Education) has been in constant pursuit in the updated information about the awareness in public of physical education in US education system. There are certain reservations that come to us in this regard. Three of them are mainly discussed in the present literature about physical education in the US educational system. These are: (1) There is no federal law, as yet, which says that physical education is to be provided to the students in the US education system; also there are not listed any incentives to offer physical education programs. 2) Although states may come up with some ground for the physical education policies, the state schools are free to work on their own in promoting, retaining, reducing the physical education portfolio in their own way. ) Another issue is that many states let go the responsibility for all content taught in schools to local school districts. (pe4life. com) The evidence is also found on other literature and net resources that plainly make it public that in the United States of America, physical education is not something prioritized. Even physical education in high school and elsewhere are â€Å"in sorry shape† and that the physical education â€Å"has been squeezed out of school by new curriculum requirements and other factors† (ducationworld. om). Apart from this, there is now word by such professionals as physicians who see that physical education is very necessary for a better future generation. More solid evidence comes form the Report to the President: Promoting Better Health for Young People through Physical Activity and Sports. In this report, Donna Shalala, Health and Human Services Secretary, and Richard Riley, Education Secretary, boldly wrote: â€Å"Our nation’s young people are, in large measure, inactive, unfit, and increasingly overweight. This report should stimulate action to make sure that daily physical activity for young people becomes the norm in our nation† (pe4life. com). Although we can see that today more and more attention is being paid to the physical education policy in US education system, there are grave critical areas that need to be addressed for a better physical education policy. For example there are trends of abating physical education time in schools because of pressure from academic side. This is very much a problem present in today’s education system. The simple fact is that more and more research findings are coming along with results that show that the old maxim â€Å"sound mind in a sound body† is aptly right. Thus it is now acknowledged that the students who are physically fit perform better on the academic side as well. In this connection we see that: â€Å"a 2002 California Department of Education study found a direct correlation between higher levels of physical fitness and higher academic test scores. According to Delaine Eastin, California State Superintendent of Public Instruction, We now have the proof weve been looking for: students achieve best when they are physically fit† (pe4life. com (b)). As such, a new educational approach is now being said to be coming up on the educational front of the US schools that is called ‘total mind, total body educational approach’. In addition to the above, U. S. Surgeon General Report states that â€Å"Nearly two out of three adult Americans, or 130 million of us, are overweight or obese†; as such The health problems related to our growing girths are well known – more heart diseases, diabetes and other weigh-related ailments that send 300,000 Americans to an early grave every year. In fact, if childhood obesity continues to grow at current levels, some health officials contend, this generation of youngsters may actually have a shorter lifespan than their parents – a first in history† (smc. edu). When the report gives this alerting call to the nation, it is of much relief that in the same report the U. S. surgeons also carve out some strategies to overcome the problem. Among these strategies, the most prominent place is give to the physical education for the youths in the high schools. However, this is also not wrong to state that with the advent of the recognition of physical education in high schools, specially in ninth- and tenth-grades, another debate has taken birth: Whether or not physical education grade be included in high school students’ GPA. This school of thought considers that inclusion of physical education grades in student’s GPA will boost up students’ morale and will encourage them to do better in the physical education class because â€Å"Physical education is truly a microcosm of life, and every lesson taught has the potential to translate into the real world and prepare students to become healthy, productive members of society† (elibrary. bigchalk. com). Whatever the arguments are, we can be certain that in today’s literature about physical activity and high schools, physical education is something that needs more and more space in schools policies so that a better tomorrow can be handed down to our future generation that is already getting more pressure from academic side. If we look at the schools curriculum regarding physical education of ninth- and tenth-grades, we find that there are no serious attempts at defining the education. For example, a school in US states only three basic goals for physical education for the ninth- and tenth-grades (benton. k12. wi. us). Another school very shortly gives only the names of the physical activities to be observed by the students (rockingham. k12. va. us). This kind of treatment is in abundance and needs serious attention on the part of the government and school administrations to bring solid measures for the improvement in this area. Physical Education and Academic Achievement in 10th-grade When it comes to physical education in high schools, we find that it is very important for people who are in grades ninth and tenth because â€Å"This is an age when students begin to impose self-judgement in terms of accepting their physical appearance and their willingness to involve themselves in positive physical activities† (teacherweb. com). According to the Physical Activity and Health (a report of the surgeon genera) there is deep linkage between physical education and academic achievement. Physical education makes it possible for a better and healthy start in life enabling students to go for challenges that are not touched upon by those who are not active through physical activity. Moreover, the report suggests that schools should create such programs that can offer students opportunities by which they can get into physical activity. At this stage, this becomes more important because that report informs that as people grow, they show more and more declination in goring for physical activity: â€Å"Physical activity declines dramatically with age during adolescence† (cdc. gov). Thus, there is stark need that students of ninth and tenth-grade must be made aware of the importance of physical education and their academic achievement. The physical education should also be given priority by the school administration so that a sound educational environment can be achieved for healthier and academically better grounds for the students of high schools. This has been found through the research that physical activities may enhance cognitive functioning of the brain. This, as a result, may explain the relationship found between the students’ involvement in physical activities and their academic success (nps. 12. va. us). There are three major findings in the literature that relate physical activity involvement and the cognitive functioning. These are: 1) There is a significantly â€Å"positive relationship between physical activity and cognitive functioning in children†; 2) â€Å"Results support possibility that participation in physical activity causes improvements in cognitive function†; 3) â€Å"Acute bouts of physical activity exert short-term positive benefits on the behavioural and cognitive functioning of youths†; ) It has also been found that â€Å"Being on a school sports team and having a positive achievement orientation were positively associated with physical activity levels† (holidaycalendar. dsr. wa). Therefore, from this very analysis it becomes pretty clear that in 10th grade (or roughly in high school), physical education plays a very important role as far as the phenomena of long, healthy life is concerned; as far as real-life active participation by the youth is concerned; and, above all, their academic achievement is concerned. However, looking at the picture more closely, we find that the present scenario in the United States of America, when it comes to physical education, academic success, link between physical education and academic success and real-life situation; there are certain challenges present to the Government. For example, â€Å"Nearly half of young people aged 12-21 are not vigorously active on a regular basis and physical activity declines dramatically with age during adolescence† (arlington. k12. va. us). And this has surely given the government a call of high alert because it is simply suggested that less physical activity on the side of the youth will give rise to ailments that will in return proportionately affect academic achievement of the students. Thus, today we can see that the United States of America is building more solid policies for coping up with the situation. In this very connection, a recent example is the President’s Challenge program, which purely focuses on bringing the people of the U.  S. to the physical activity grounds so that a healthier society for the future can be the possibility. This is â€Å"a program that encourages all Americans to make being active part of their everyday lives. No matter what your activity and fitness level, the Presidents Challenge can help motivate you to improve† (presidentschallenge. org). The Presidential Challenge program is all about remaining with an active lifestyle and the program specifically focuses on how to assess the citizens in this regard. This program also introduces some rewards for the participants of the program like PALA (Presidential Active Lifestyle Award (presidentschallenge. org). This simply gives us the idea that the government of the U. S. has come up with grave policies which focus on the physical fitness of the citizens for a better tomorrow and a healthy society. Physical Education and Academic Achievement Debate  There are different schools of thoughts within the research that circle around the relationship between academic achievement in students and such other phenomena as physical education, homework, social loafing, and so forth. A considerable area of research exists that especially takes into examination the students of eighth to tenth grade. For example the article After-school pursuits, ethnicity, and achievement for 8th- and 10th-grade students which is one of the remarkable piece showing the contribution of people like James B.  Schreiber , Elisha A. Chambers, Walberg, Paschal, Weinstein, Cooper, and so on. Thus the proponents of homework suggest that â€Å"Homework has been shown to have a positive relationship with† academic achievement. And that there is also a proportionate difference between the amount of time spent on homework (After-School Pursuits). However, the other side of the pole comes up with the argument that there is not total contribution that can be related to homework alone when looking into the matter of higher academic achievement. This school of though aptly analyzes the effects of physical education on academic achievement of the students. For example, a research review by Holland and Andre in the year 1987 brought into their examination the relationship, if any, between physical education or athletic participation and academic achievement in the students. Their findings brought some more elements of debate in the intellectual circle because they found that there were sex-related differences among students as far as physical education and academic achievement is concerned. They reported that the research demonstrated that male high school athletes received somewhat higher grade point averages (GPAs) than did nonathletes. However, when one considers standardized achievement or aptitude tests, boys whose only after-school activity was sports scored lower than national averages on the Standardized achievement Test. No significant differences in GPAs or standardized tests were observed between female athletes and nonathletes† (After-School Pursuits).

Selma Alabama :: essays research papers

Selma, Alabama became the focus of the civil rights movement as activists worked to register Black voters. Demonstrators also organized a march from Selma to Montgomery to promote voting rights. "Bloody Sunday" occured when state troopers attacked demonstrators. Despite the Civil Rights Act of 1964 and the active attempts of the Student Non-Violent Coordinating Committee (SNCC) to register the Black voters of Alabama no significant progress was made . One such place was Selma Alabama. This small southern town of 29,000 soon became the focal point of the Civil Rights movement. Of the 15,156 blacks in Dallas County, Alabama only 156 were registered to vote. On January 2, 1965 Reverend King visited Selma and gave a fiery speech in it he stated: "Today marks the beginning of a determined organized, mobilized campaign to get the right to vote everywhere in Alabama." On Monday January 14th King returned to Selma, registered in the Hotel Albert, becoming the first black to do so. He then went on to lead to the courthouse to register to vote. Nothing happened the first day, but on the second 67 people were arrested. So it went day by day. Reverend King was arrested during one of the marches and his presence in jail attracted additional media attention to Selma. On February 18 the SCLC leader James Orange was arrested in Perry County. That evening hundreds of blacks gathered and marched on the jail. On the way they were attacked. Among the victims of the attacks were Jimmey Lee and his mother. Lee was beaten and then shot in the stomach, later dying in the hospital. At a large memorial service for Lee, a march from Selma to Montgomery was announced that would take place on March 7th. The marchers set off for Montgomery, but as they crossed the Pettus Bridge, they were attacked by troopers. As the New York Times reported the next day: "The first 10 or 20 Negroes were swept to the ground, screaming, arms and legs flying, and packs and bags went skittering across the grassy divider strip and onto the pavement on both sides.

Accounting Answers

Solutions Manual to accompany Company Accounting 8e prepared by Ken Leo John Hoggett John Sweeting Jennie Radford [pic] John Wiley & Sons Australia, Ltd 2009 Chapter 1 – Nature and regulation of companies REVIEW QUESTIONS 1. Outline the advantages of incorporation over other forms of organisation such as partnerships. The corporate form of organisation permits individuals to have â€Å"limited liability†. This confers on shareholders a limit on their liability in the event of a winding up of the company to the amount (if any) unpaid on their shares. (S516). In the case of a partnership no such limitation applies (unless the partnership specifically adopts limited liability) and the insolvency of one or more partners can result in other solvent partners having to contribute any losses and debts out of their own private assets. 2. Distinguish between a proprietary company and a public company. A public company is one in which there is usually a substantial public interest in that the ownership of the company's share capital is widely spread. Public companies are entitled to raise capital through a share issue by issuing a disclosure document which entitles them to have their shares or debentures etc. listed on a stock exchange, such as the Australian Securities Exchange, to facilitate transferability. Proprietary companies on the other hand have specific limitations in terms of the amount and restrictions on its fundraising activities. Specific features of a proprietary company include the need to have a share capital (unlike a public company which may be limited by guarantee and not merely shares): †¢ a requirement to have at least one shareholder and only one director (three directors for a public company) and not more than 50 shareholders (not including employee shareholders) †¢ not required to restrict the transfer of its shares (however it may elect to do so) †¢ the use of the designation â€Å"Pty† or â€Å"Proprietary† in its name †¢ a requirement not to engage in any fundraising activity which would require it to lodge a disclosure document with ASIC. . Distinguish between a large and a small proprietary company. What are the implications of being classified large rather than small? A small proprietary company is defined in Section 45A of Corporations Act 2001, as amended, as one which meets 2 of the following three criteria: *consolidated annual revenue less than $25 milli on *consolidated gross assets at the end of the financial year is less than $12. 5 million #l the companies and the entites it controls have fewer than 50 employees at the end of the financial year. * These figures must be determined in accordance with accounting standards Part-time employees measured at appropriate fraction of full-time If these criteria are not met the company will be a large proprietary. Small proprietary companies do not have to prepare formal financial statements or have them audited. However, they must keep sufficient accounting records to allow preparation and audit of accounts if either 5% of their voting shareholders or ASIC request this to be done. Large proprietary companies, must prepare accounts in accordance with accounting standards, have them audited, send them to shareholders and lodge them with ASIC (Section 292) 4. Outline the special features of a no-liability company. Companies engaged in the more speculative area of mining exploration are most often registered as no-liability. Such companies have NL at the end of the company name and have the advantage of being more attractive to potential investors as unlike companies limited by the unpaid amount on their shares, there is no such liability on the part of shareholders to contribute to the debts and liabilities of the companies. 5. What is the purpose of a certificate of registration? A certificate of registration is issued by ASIC as a part of the registration procedure. Provided the company complies with S117 of the Corporations Act, ASIC will: †¢ give the company an ACN Number †¢ register the company †¢ issue a certificate that states the company's name, ACN No. etc. Once registered, the company is capable of performing all the functions of a corporate body. 6. What are replaceable rules and how do they differ from a constitution? Replaceable rules are the set of internal rules (contained in the Corporations Act) governing the conduct of its operations between the company and its member directors and between members themselves [see example of such rules in ch 1 Section 1. . 3]. If the rules are not adopted by the company then they must draw up a constitution which will cover much of the same issues covered by the replacement rules but may be extended or modified by the promoters of the company. 7. Outline the main features and purpose of a disclosure document. A disclosure document, particularly the prospectus, contains all the infor mation necessary for investors to make an informed assessment of the company's future prospects and other relevant matters including: †¢ rights and liabilities attaching to securities financial position, performance and prospects of the body issuing the securities †¢ interests of each director, proposed director, promoter, stockbroker and their professional advisers in any property acquired or proposed to be acquired with the funds derived from the securities issue. †¢ whether the securities issued will be quoted on a Stock Exchange. 8. In administering a company, the Corporations Act requires the keeping of various books, registers and records. Outline these and briefly discuss their content. There are a range of records required to be maintained by a company including: (Minute books of the proceedings and decisions made at all directors’ and shareholders’ meetings as well as all resolutions passed without a meeting (s. 251A). If the company is a proprietary company with only one director, any declarations by this director must be minuted. (Financial records that will enable financial statements to be prepared and audited from time to time in accordance with the Act (ss. 286, 292, 302 and 303). (Register of members, or share register, giving each member’s name nd address, and the date on which the entry of the member’s name is made on the register. If the company has a share capital, the register must also show the date on which an allotment of shares takes place, the number of shares in each allotment, the shares held by each member, the class of shares held, the share numbers (if any), the amount paid on the shares, and whether or not the sha res are fully paid (s. 169). (Register of option holders to record the names and addresses of the holders of options over the shares of a company. The register must include the number and description of the shares over which options were granted, details of any event that must happen before the options can be exercised, and any consideration for the grant of the options and for the exercise of the options (s. 170). Copies of documents which grant an option over shares must be kept with this register. (Register of debenture holders to record each debenture holder’s name and address, and the amount of the debentures held (s. 171). (Register of charges to record the details of any secured charges over the assets of the company (s. 271). This register must be open for inspection by any creditor or member of the company, without charge. 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend, carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued, the shareholder is liable to pay calls on the shares (except in the case of no-liability companies). A company also has the right to issue preference shares, but may only do so either if there is a statement in its constitution setting out the rights of these shareholders or if these rights have been approved by a special resolution of the company. Not all preference shares are the same. Classification of preference shares as equity or liabilities depends on the rights and features of the shares – judgment is required re which classification is appropriate. For example, redeemable, cumulative 10% preference shares, which are to be redeemed on a set date, are definitely liabilities. Preference shares redeemable at the option of the company may or may not be liabilities, depending on the probability of the company redeeming them. Debentures are issued by the company raise funds but are borrowings, not equity. Debentures may be secured. A trust deed/trustee must be established to protect the rights of debenture holders. 10. What are the main reasons for the development of accounting regulations? The history of accounting regulation had its origins in the industrialised European settlement of the late 18th century. The social, political and economic changes which occurred saw the gradual decline of the importance of family enterprises and the separation of ownership from control as the control of entities was delegated by owners to agents. The growth in the number and size of ‘joint stock companies in the late nineteenth century prompted the rise of disclosure although, initially, this focused on stewardship. The greater complexity of organisations in the mid to late twentieth century gradually led such disclosure to develop into a more sophisticated form of financial reporting, which remains an ongoing process. 11. Does a company have to comply with accounting standards in order to show a ‘true and fair view’ of its financial affairs? Discuss. Before the early 1990s, the directors of a company could elect not to comply with an accounting standard issued by the AASB if they believed the particular standards would cause the accounts not to present a true and fair view. This ‘true and fair override' no longer exists and directors must now comply with applicable accounting standards and add any additional information in the notes to the financial statements if they believe adherence to the standards does not present a true and fair view. Compliance with standards therefore has become the norm, resulting in an increased interest, both positive and negative, in the requirements of accounting standards by different lobby groups, particularly among those required to prepare financial statements. 12. What are the current arrangements for setting accounting standards in Australia? The AASB under the auspices of the Financial Reporting Council is entrusted with the task of making accounting standards both for the purposes of the Corporations Act and for the public and not-for-profit sectors in Australia. See Figure 1. 1 in section 1. 7. 5]. 13. Distinguish between the following organisations and their roles in the regulation of financial reporting in Australia: (the Financial Reporting Council (FRC) (the Australian Accounting Standards Board (AASB) (the International Accounting Standards Board (IASB) (the International Financial Reporting Interpretations Committee (IFRIC) (the Australian Securities and Investments Commissio n (ASIC) (the Australian Securities Exchange (ASX) (the Financial Reporting Panel (FRP). Financial Reporting Council (FRC) The main role of the FRC is to act as an overseer and advisory body to the standard setter, the AASB. The main functions of the FRC under the ASIC Act 1989, s. 225 as amended in 1999, are to: (oversee the process for setting accounting standards and give the Minister reports and advice on that process (appoint AASB members (other than the chairperson) (approve and monitor the AASB’s priorities, business plan, budget and staffing arrangements (determine the AASB’s broad strategic direction give the AASB directions, advice or feedback on matters of general policy and procedures (monitor the development of international accounting standards and the accounting standards that apply in major international financial centres, and –further the development of a single set of accounting standards for worldwide use with appropriate regard to international developments –promote the adoption of international best practice accounting sta ndards in the Australian accounting standard-setting process if this is in the best interests of both the private and public sectors of the Australian economy (monitor the operation of accounting standards to ensure their continued relevance and their effectiveness in achieving their objectives in respect of both the private and public sectors of the Australian economy, as well as the effectiveness of the AASB’s consultative arrangements (seek contributions towards the costs of the Australian accounting standard-setting process (monitor and periodically review the level of funding and funding arrangements for the AASB (establish appropriate consultative mechanisms advance and promote the objectives of standard setting as specified in the Act (perform any other functions that the Minister confers on the FRC by written notice to the chairperson. A major policy direction of the FRC that has affected the agenda of the AASB is the formalisation of a policy of adopting the accounti ng standards of the International Accounting Standards Board (IASB) for application to reporting periods beginning on or after 1 January 2005. (This includes also the adoption of Interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC) for use in the Australian context. ) Australian Accounting Standards Board (AASB) The functions of the AASB, according to s. 27(1) of the ASIC Act 1989, are to: (develop a conceptual framework (not having the force of an accounting standard) for the purpose of evaluating proposed accounting standards and international standards (make accounting standards for the purpose of the Corporations Act (formulate accounting standards for other purposes, e. g. for non-companies, the public sector and the not-for-profit sector (participate in and contribute to the development of a single set of accounting standards for worldwide use (advance and promote the main objectives of developing accounting standards. The AASB must develop accounting standards not only for the corporate sector but also for other sectors, such as the public sector and the not-for-profit sector. The objectives of developing accounting standards are (1) to facilitate the development of accounting standards that require the provision of financial information that: (allows users to make and evaluate decisions about allocating scarce resources (helps directors to discharge their obligations in relation to financial reporting (is relevant to assessing performance, financial position, financing and investment (is relevant and reliable (facilitates comparability (is readily understandable. (2) to facilitate the Australian economy by: (reducing the cost of capital (enabling Australian entities to compete effectively overseas (having accounting standards that are clearly stated and easy to understand. (3) to maintain investor confidence in the Australian economy (including its capital markets). In performing its functions, the AASB is required to follow the broad strategic directions determined by the FRC. The AASB may formulate accounting standards which are of general or limited application, in that the Board may specify the entities, time, place or circumstance to which the standard applies. Furthermore, as long as it is practicable to do so, the AASB is required to conduct a cost–benefit analysis of the impact of a proposed accounting standard before making or formulating the standard. However, the cost–benefit analysis is not necessary where the standard is being made or formulated by issuing the text of an international standard. The AASB conducts its meetings in a forum open to the public, which (hopefully) increases faith in the due process system of standard setting. In line with the FRC’s main function of overseeing the process of setting accounting standards, the AASB is required to adopt IASB standards. The Australian accounting standards and their international counterparts are identical, with three exceptions: – Where some international accounting standards provide a range of optional treatments, the Australian accounting standard may not allow all options. However, the disallowance of any IASB optional treatments in Australia is rare, as evidenced by the AASB’s behaviour since 2005. Some Australian accounting standards may require more information to be disclosed in the notes to the financial statements than that required by the equivalent IASB standard. –Australian accounting standards contain, where applicable, extra paragraphs relevant to entities in the not-for-profit sector. IASB standards are written for application within the business sector only. Besides issuing accounting standards that are equivalent to the IASB’s standards, the AASB has continued to issue accounting standards relevant to the public sector, as well as accounting standards that relate solely to the Australian legal environment, e. g. AASB 1046 Director and Executive Disclosures by Disclosing Entities. International Accounting Standards Board (IASB) The IASB’s mission statement is described as follows on its web site: The International Accounting Standards Board is an independent, privately-funded accounting standard setter( The IASB is committed to developing, in the public interest, a single set of high quality, understandable and enforceable global accounting standards that require transparent and comparable information in general purpose financial statements. In addition, the IASB co-operates with national accounting standard setters to achieve convergence in accounting standards around the world. Following the direction given by the FRC in 2002, the AASB has adopted the standards issued by the IASB as from 1 January 2005. Hence, the financial statements prepared by Australian companies are comparable with those prepared by entities in other countries which also have adopted IASB standards. This should allow for greater understanding of financial statements worldwide, and lead to a more efficient flow of capital acros s national boundaries. The IASB has signed an agreement with the Financial Accounting Standards Board (FASB), the body responsible for issuing accounting standards in the United States. The agreement requires both bodies to work together towards convergence of global accounting standards. The aim is to agree on high-quality solutions to existing and future accounting issues. If such agreement could be reached, potentially there would be one set of global accounting standards. Arguably, for better or worse, the result of this agreement appears to be a gradual adoption of FASB standards by the IASB as its own. International Financial Reporting Interpretations Committee (IFRIC) The IFRIC has the task of reviewing on a timely basis, within the context f existing international accounting standards and the IASB framework, accounting issues that are likely to receive divergent or unacceptable treatment in the absence of authoritative guidance, with a view to reaching consensus as to the appropriate accounting tre atment. The IFRIC considers issues of reasonably widespread importance, and not issues of concern to only a small set of enterprises. The interpretations cover: (newly identified financial reporting issues not specifically dealt with in IFRSs (issues where unsatisfactory or conflicting interpretations have developed, or seem likely to develop in the absence of authoritative guidance, with a view to reaching a consensus on the appropriate treatment. The AASB has adopted the Interpretations issued by the IFRIC for use by Australian companies as from 1 January 2005, and modifies them if necessary for the not-for-profit sector in Australia. Australian Securities and Investments Commission (ASIC) The ASIC is an independent government body set up to enforce and administer the Corporations Act and financial services laws to protect consumers, investors and creditors. ASIC regulates and informs the public about Australian companies, financial markets, financial services organisations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit. The Australian Securities and Investments Commission Act 2001 requires ASIC to: (uphold the law uniformly, effectively and quickly promote confident and informed participation by investors and consumers in the financial system (make information about companies and other bodies available to the public (improve the performance of the financial system a nd the entities within it. One of the roles of ASIC is to reduce fraud and unfair practices in financial markets and financial products so that consumers can use them confidently and companies and markets can operate effectively. In an accounting context, as part of its role, ASIC also attempts to ensure that a company’s financial statements lodged with it under the requirements of the Corporations Act comply with accounting standards, if applicable. Australian Securities Exchange (ASX). The ASX is a public company operating Australia’s share markets. It oversees both the shares and future exchanges. In an accounting context, it is particularly concerned with improving the disclosure of information in the financial reports of companies listed with it on the various stock exchanges throughout Australia. It exercises its influence by way of the Listing Rules — a set of rules with which companies must comply if they wish to be listed, and remain listed, on the stock exchange. Financial Reporting Panel (FRP) The FRP, established in 2004, has the function of resolving disputes between the Australian Securities and Investments Commission and companies concerning accounting treatments in their financial reports. The purpose for establishing FRP is to remove the need to initiate legal proceedings in Court in order to resolve a financial reporting matter. FRP is designed to provide an efficient and cost effective way of dealing with disputes, the opportunity to be heard by persons with relevant expertise, and remove concerns about the courts' limited understanding of accounting standards. 14. To which entities do accounting standards apply? Discuss the nature of a reporting entity, and consider reasons for the concept being replaced by one of public accountability. Accounting standards apply to the general-purpose financial statements/reports of entities which are â€Å"reporting entities† and also to those entities which decide to prepare general-purpose financial statements even if they are not reporting entities. The AASB, in SAC 1, provided the following definition of a reporting entity: Reporting entities are all entities (including economic entities) in respect of which it is reasonable to expect the existence of users who rely on the entity’s general purpose financial report for information that will be useful to them for making and evaluating decisions about the allocation of scarce resources. There is no definition of a reporting entity in the IASB’s Framework at this stage. All reporting entities are subject to accounting standards when preparing their general-purpose financial statements. Entities such as small proprietary companies, family trusts, partnerships, sole traders and wholly owned subsidiaries of Australian reporting entities will normally not be required to prepare general purpose statements in accordance with accounting standards. Following the release of the IASB’s Exposure Draft of a Proposed IFRS for Small and Medium-Sized Entities, (SMEs) published in February 2007, the AASB issued, in May of that year, Invitation to Comment ITC 12, proposing to revise the differential reporting regime in Australia by switching the focus away from whether an entity is/is not a reporting entity to whether the entity (subject to a size test) is required to prepare a general-purpose financial statement/report and is publicly accountable. â€Å"Public accountability† is defined in the IASB’s ED on SMEs as accountability to those present and potential resource providers and others external to the entity who make economic decisions but who are not in a position to demand reports tailored to meet their particular information needs. An entity has public accountability if: (a) it has issued (or is in the process of issuing) debt or equity instruments in a public market; or (b) it holds assets in a fiduciary capacity for a broad group of outsiders, such as a bank, insurance company, securities broker/dealer, pension (or superannuation) fund, mutual fund or investment bank. The implications are that if an entity is publicly accountable or satisfies a size test then it will be required to apply Australian equivalents to IFRSs in its general-purpose financial statements. If it is not publicly accountable, and does not meet the size test, then the entity need apply the Australian equivalent of IFRS for SMEs only. See figure 1. 3 in section 1. 9. 2 of the text for a flowchart showing the ITC 12 proposed changes, which, at the time of writing, are expected to be accepted by the AASB for 2009 and beyond: CASE STUDIES Case study 1: Legal obligations Visit the website of the Australian government’s Attorney-General’s Department dealing with the law (www. comlaw. gov. au) and find the Corporations Act 2001. Assuming that you are the director of a small proprietary company, find the â€Å"small business guide† and learn of your obligations under the Act for managing your business. Prepare a brief report for the tutorial class. The Small Business Guide in the Corporations Act can be found following Section 111J. The guide summarises the main rules in the Corporations Act (the Corporations Act 2001) that apply to proprietary companies limited by shares—the most common type of company used by small business. The guide gives a general overview of the Corporations Act as it applies to those companies and directs readers to the operative provisions in the Corporations Act. Students, in their capacity as would-be directors, are required to present a report to the class, summarising the requirements of the Guide. Such topics to be covered include: †¢ The meaning of registration, including shareholders’ and directors’ liabilities †¢ Rules for internal management of a company †¢ Company structure and setting up a new company †¢ Continuing obligations once the company is set up †¢ Company directors, secretaries and shareholders †¢ Who can sign company documents †¢ Funding the company’s operations †¢ Returns to shareholders Annual financial reports and audit †¢ Disagreements within the company †¢ Companies in financial trouble Case study 2: The AASB Visit the website of the Australian Accounting Standards Board (www. aasb. com . au) and find out the following items: †¢ Who is the Chairman of the AASB? †¢ Who are the members, and which organisations do they represent? †¢ Which accounting standards have been issued in the past year? †¢ Why are there differences in the numbering systems for current accounting standards (eg. AASB x, AASB xxx and AASB xxxx)? †¢ What are the current projects (if any) that the AASB is working on in cooperation with the IASB? Assuming that you already have access to the AASB website: Chairman of the AASB Go to AASB Board, then Current Board Members . Current chairman is David Boymal Members of the AASB and organisations represented Stay in the same location and the names and organisations represented on the AASB are all shown. Don’t forget to include the observers as well. Comment: too many people from Melbourne No academics on the board? Accounting standards issued in the past year: On the AASB website, go to Quick Links, then Standards. Read from Table 1 all of the standards issued in the last year. Different numbering systems for standards See Pronouncements for information, plus the section 1. 7. 4 in the text. AASB x represent those standards adopted by the AASB from the IFRSs of the IASB AASB xxx represent those standards adopted by the AASB from the IASs of the IASB and its predecessor the IASC AASB xxxx represent those standards issued exclusively by the AASB for companies in the Australian context In addition, the AAS standards consist of standards issued by the AASB for special organisations e. g. superannuation plans, government Current projects On the AASB website, go to Work in Progress, then Projects. It would appear that there are no specific projects at the moment being worked on by the AASB in cooperation with the IASB. The AASB is one of several standard setting boards that liaise with the IASB and merely provide submissions to the IASB on various topics. See also AASB Submissions to the IASB on the website. Also check the News section and Latest News on the website. Case study 3: Setting up a company Visit the website of the Australian Securities and Investment Commission (www. asic. gov. au) and find the form(s) that you must fill out to start a company, assuming that you wish to set up a small proprietary company to take over your current successful business, which has been operating as a partnership (with three partners) in the past. On the website of the ASIC, go to Download forms, select the form 201 for Registering a company. Students should print the form and fill it out as if they wish to set up a proprietary company, with more than one owner shareholder. Case study 4: The IASB Visit the website of the International Accounting Standards Board (www. iasb. org. k) and find and report to the class on the following pieces of information: †¢ The Memorandum of Understanding of 2005 between the IASB and the FASB of the United States †¢ Which accounting standards have been changed as a result of the Memorandum of Understanding †¢ The membership of the IASB and whic h countries the members come from †¢ The goals of the IASB 1. Memorandum of Understanding On the IASB website, go to About Us, then click on About IASB, and then on the Memorandum of Understanding with the FASB. A full pdf version of the Memorandum can be found here. In relation to the Memorandum the IASB website states: After their joint meeting in September 2002, the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued their Norwalk Agreement in which they ‘each acknowledged their commitment to the development of high quality, compatible accounting standards that could be used for both domestic and cross-border financial reporting. At that meeting, the FASB and the IASB pledged to use their best efforts †¢ to make their existing financial reporting standards fully compatible as soon as is practicable and †¢ to co-ordinate their future work programmes to ensure that once achieved, compatibility is maintained. At their meetings in April and October 2005, the FASB and the IASB reaffirmed their commitment to the convergence of US generally accepted accounting principles (US GAAP) and International Financial Reporting Standards (IFRSs). A common set of high quality global standards remains the long-term strategic priority of both t he FASB and the IASB. 2. Accounting standards changed/ to be changed as a result of the Memorandum of Understanding On the IASB website, go to About Us, then click on About IASB, and then on the Memorandum of Understanding with the FASB. A full pdf version of the Memorandum can be found here. Not many standards have yet been changed, but plenty of standards are on the agenda for change. From the Memorandum , the topics for short-term convergence include: To be examined by the FASB |To be examined by the IASB | |Fair value option* |Borrowing costs | |Impairment (jointly with the IASB) |Impairment (jointly with the FASB) | |Income tax (jointly with the IASB) |Income tax (jointly with the FASB) | |Investment properties** |Government grants | |Research and development |Joint ventures | |Subsequent events |Segment reporting | |FASB Note: |IASB Note: | |*On the active agenda at 1 July 2005 |Topics are part of or to be added to the IASB’s short-term | |** To be considered by the FAS B as part of the fair value |convergence project, which is already on the agenda. |option project | | Longer term projects include the following, from the Memorandum of Understanding: The boards set the following goals for 2008 for convergence topics already on either their active agendas or the research programmes: |Topics already on an Active Agenda | |Convergence topic |Current status on the FASB |Current status on the |Progress expected to be achieved by 2008 | | |Agenda |IASB Agenda | | |1. Business combinations |On agenda – deliberations in|On agenda – |To have issued converged standards | | |process |deliberations in |(projected for 2007), the contents and | | | |process |effective dates of which to be determined | | | | |after taking full account of comments | | | | |received in response to the Exposure Drafts. | |2. Consolidations |On agenda – currently |On agenda – no |To implement work aimed at the completed | | |inactive |publication yet |development of converged standards as a | | | | |matter of high priority. | |3. Fair value measurement |Completed standard expected |On agenda – |To have issued converged guidance aimed at | |guidance |in the first half of 2006 |deliberations in |providing consistency in the application of | | | |process |existing fair value requirements. 1 | |4. Liabilities and equity |On agenda – no publication |On agenda (will follow |To have issued one or more due process | |distinctions |yet |FASB’s lead) |documents relating to a proposed standard. | |5. Performance reporting |On agenda – no publication |Exposure draft on a |To have issued one or more due process | | |yet |first phase |documents on the full range of topics in | | | | |this project. | |6. Post-retirement benefits |On agenda – deliberations |Not yet on the agenda |To have issued one or more due process | |(including pensions) |underway on the first phase | |documents relating to a proposed standard. | | |of multi-phase project | | | |7. Revenue recognition |On agenda – no publication |On agenda – no |To have issued one or more due process | | |yet |publication yet |documents relating to a proposed | | | | |comprehensive standard. | The objective of the goals set out above is to provide a time frame for convergence efforts in the context of both the objective of removing the need for IFRS reconciliation requirements by 2009 and the existing agendas of the FASB and the IASB. The FASB and the IASB will follow their normal due process when adding items to the agenda. Items designated as convergence topics among the existing research programmes of the boards include: |Topics already being researched, but not yet on an Active Agenda | |Convergence topic |Current status on the FASB|Current status on the IASB|Progress expected to be achieved by | | |Agenda |Agenda |2008 | |1. Derecognition |Currently in the |On research agenda |To have issued a due process document | | |pre-agenda research phase | |relating to the results of staff | | | | |research efforts. | |2. Financial instruments |On research agenda and |On research agenda and |To have issued one or more due process| |(replacement of existing |working group established |working group established |documents relating to the accounting | |standards) | | |for financial instruments. | 3. Membership of IASB and member countries Go to the IASB website and see, About us. Click on About IASB and there you will find the information about the Chairman, currently Sir David Tweedie, the Vice-Chairman and all members of the IASB, and the countries from which they came by reading each person’s information sheet. 4. Goals of the IASB Go to the IASB website and see About us. Click on About IASB and there you will find the IASB objectives. Case study 5: ASIC Visit the website of the Australian Securities and Investments Commission (www. asic. gov. au) and find out and report to the class on the following: †¢ Who the ASIC is and its role †¢ The tips given to prospective shareholders regarding the reading of a company’s prospectus †¢ A list of the policy statements and practice notes issued by the ASIC †¢ â€Å"What’s new† to the website. 1. ASIC and its role On the ASIC website, go to About ASIC and look up Our Role 2. Tips to prospective shareholders re prospectuses From the ASIC website visit FIDO, the ASIC’ s consumer website. From there, go to check our lists and click on prospectuses. The ASIC has information about prospectuses which changes quite regularly. See what tips you can find about prospectuses, assuming that you are a prospective investor. 3. Policy statements and regulatory guides issued From ASIC’s home page, go to Publications and then to Policies. Both the policy list and the regulatory guides are accessible here. 4. What’s new See ASIC’s home page, and What’s New features on the home page.