Tips on Writing Common Application Essay Topics

Tips on Writing Common Application Essay TopicsCommon application essay topics are not really all that different from other essays. The difference is in the actual application essay and the writing of it. It should have a theme that ties together all the information you need to give. Make sure the essay is well structured and that it is well organized.Don't begin the essay by describing your life story. It is known that this may seem dramatic but writing a life story can actually be quite difficult. You have to start with your strongest attribute and work backwards. Be careful when you use the words 'life'story' because when you write your essay there are very few things that you can't say about yourself. So, even if you have a lot to say about your life you have to pick your topic carefully so as not to scare off your potential employer.Begin by saying how you are different from everyone else's life because it shows your own life is special. You can not please everyone. So, don't pr etend that you have everything going for you when you are applying for a job. Tell people what makes you different so that they will like you and trust you more than anyone else.Continue to say how you have built up your own strengths. For example, you can mention how you have strong leadership skills or good communication skills. Be sure to point out that you have used these strengths to make a difference in your life.Common application essay topics also include how you use the skills you have acquired. This is another way to show how much you know about your field. Some employers want to see this since you already know what you are talking about. Your topic is part of your job application, therefore it is crucial that you know your material.Finally, many companies will also ask you to state the ways in which you contributed to the growth of your organization. Many people have no idea about the opportunities that exist for their company. These questions are vital for showing the co mpany that you have made a real contribution. Don't be afraid to say that you had a hand in improving the situation of your company.Finally, when you apply for a job, most likely you will have a common application essay topics. When you begin your essay, do it well. Make sure you pick a topic that is unique to you and that you have something to say about.

How financial reporting should be regulated in Chavboro - Free Essay Example

Sample details Pages: 5 Words: 1401 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Level High school Did you like this example? Introduction Corporate reporting is a set of report that companies are required to present to the shareholders to ensure effective communication with the shareholders about its performance externally. There is a need to regulate corporate reporting as capital market investors need information in order to decide whether or not they should invest in a particular company. Regulation is able to set a standard as to how accounts are prepared and presented which improves comparability and this also helps to decrease the risk of fraud. Shareholders may have more confidence in the financial reports, knowing that the reports are regulated. This might attract more European companies and investors to Chavboro. How financial reporting should be regulated in Chavboro The government should set up a separate independent third party which could be named the Chavboro Financial Reporting Council(CFRC). The Council would have the responsibility to oversee the Chavboro Acc ounting Standards Board (CASB)apos;s performance, financial and funding arrangements and initial source of views for the CASB on proposed standards and pronouncements. The structure is a simplified version of the Financial Reporting Committee in order to reduce the cost of setting up the council and boards. This new board would be able to operate independently of those activities they regulate with the support of the government. As Chavboro is a newly set up government, investors may not have full confidence in the government yet. Moreover, if the government was the one who governs the regulation of corporate reporting, investors may have doubts regarding the financial statements of the government. An example is Canada. Between the 1970s and 1980s, the credibility of the governmentsapos; financial statements was questioned because there was no independent accounting standard to refer to. Other than that, an independent third party would be able to have more expertise in regula ting the financial reports as the members would consist of people with financial knowledge. The newly set up government would probably lack of resources and knowledge as people with the expertise could be focused at other areas needing their attention such as the economy of the country. An independent third party is also more flexible and responsive to the companies. They are open to suggestions by industry members, consumers and consumer groups, academic institutions like universities or other scientific organizations, and even government agencies. In order to preserve their expert status, they would closely follow changes and technological advancement. This would benefit the government and also companies that are in Chavboro. A few things that the CASB would be responsible for would be to issue accounting standards as approved accounting standards and to review, revise or adopt existing accounting standards, i.e. IFRS as approved accounting standards. Other than that, it would also be in charge of issuing statement of principles for financial reporting and conduct public consultations when necessary. As Chavboro is thinking on joining the European Union, the International Financial Reporting Standard (IFRS) should be adopted by Chavboro. The IFRS is a set of accounting standards that has an international consultative approach to standard-setting, therefore it is able to get input from people with diverse expertise and diverse jurisdiction. The IFRS that is accepted globally would be a better choice rather than writing a new set of standards from scratch through trials and error. The IFRS is used by more than a hundred countries in the world and since the government is hoping to attract large European companies, adopting the IFRS would make it easier for companies who are planning to relocate to Chavboro. Other lenders and investors would also be attracted to Chavboro as they would be able to facilitate comparability and increase transparency. They a lso would not have to pay for any processing and adjusting of financial statements. The IFRS is also more flexible compared to others as it uses a principles based approach. This gives companies freedom to adapt the IFRS to their situation. However, the disadvantage of the IFRS would be that companies would manipulate the financial statements to paint an overly favorable picture as it is principle-based. They could pick to comply or explain if they do not agree with certain IFRS. This could lead to profit manipulation and even fraud. Stricter enforcement needs to be implemented in order to reduce the risk of this problem. How financial reporting should be enforced in Chavboro The financial statements should be audited if they are a public company according to the Companies Act. This is in order to ensure that investors are confident with and is satisfied with the financial statements. The auditors would follow the International Standards of Auditing and would be governed by the statute law, the auditing regulator which is the CFRC, and professional practice. The auditors would only have a duty of care only to the shareholders and to state in their opinion whether the presentation of the financial statements have been true or fair. Auditors should be members of professional accountancy bodies who have already completed their training period. As for enforcements, a two-step enforcement system can be implemented, such as in Germany where they combined the elements of the UK model of a private agency, Financial Reporting Review Panel (FRRP) and of the US model of government agency, Securities and Exchange Commision(SEC). The FRRP would examine individual and group financial statements of listed corporations to ensure they comply with the Companies Act. The costs of the review body and enforcement would be financed by a charge to all listed corporations. The FRRP would motivate auditors to improve accounting compliance by increasing the possibility of e rrors being exposed. If there are errors identified by the FRRP, the audit firm may face reputational damage. If the corporation is not cooperative and does not provide sufficient information in the course of a review, the Federal government would take over the case. The government should be involved in the enforcement financial reporting as they have the power to enforce. The government can enforce financial reporting through sanctions such as the statute law and common law. Legislations such as the Companies Act and Company Law requiring the financial statements (which consists of the Statement of Cash Flow, Statement of Profit and Loss and Other Comprehensive Income, Statement of Financial Position and Statement of Changes in Equity) prepared, listing the Directors Remuneration in the annual reports could be enforced through the sanctions. Specific views on the development of regulation in Chavboro As Chavboro is a country with substantial oil and other mineral resources , accounting for oil and gas activities may present many difficulties in ways of significant upfront investments, uncertainty over prospects and long project lives. IFRS 6: Exploration and evaluation of assets may be adopted. As the oil and resources are recently discovered, they can use IFRS 6 to determine how to account for the resources which would enable the oil and gas companies to present their financial reports to a wider capital community, which would in turn offer an easier access to foreign capital market and investments. The CASB can further develop this IFRS to fit the situation at Chavboro. Adoption of the IFRS should be done according to IFRS 1: First-time Adoption of International Financial Reporting Standards. The IFRS 1 provides guidance for entities in order for them to have a smooth transition from the local GAAP to the IFRS. Conclusion As a conclusion, Chavboro should set up a separate independent council in order to mitigate any problems that the govern ment might face. Once the country is stable and has established the Board, further regulation could be done for corporate governance. Chavboro should also to be adopted because it could bring a lot of benefit to Chavboro, especially since Chavboro is planning to join the European Union. Other than that, the regulatory regime could be enforced by a few regulators such as the independent third party, the FRRP and government. Reference ISSAI. (2007) The importance of an independent standard-setting process, [Online], Available:https://www.issai.org/media/79462/intosai-gov-9200e.pdf [2 August 2014] PWC. (2011) Financial reporting in the oil and gas industry,[Online], available:https://www.pwc.com/gx/en/oil-gas-energy/reporting-regulatory-compliance/assets/financial-reporting-oil-gas-industry [2 August 2014] IFRS. (2013) IFRS 1 First-time Adoption of International ,[Online], available: https://www.ifrs.org/IFRSs/IFRS-technical-summaries/Documents/English%20Web%20Summaries%202013/IFRS%201.pdf [2 August 2014] Benston (2006) Worldwide financial reporting:the development and future of accounting standards. America: Oxford University Press Hooper. (2010) Who regulates financial reporting, ,[Online], available: https://www.charleshooper.net/blog/who-regulates-financial-reporting [2 August 2014] Don’t waste time! Our writers will create an original "How financial reporting should be regulated in Chavboro" essay for you Create order

The Quality Of Life And The Age Of An American - 1540 Words

There is a very prevalent negative correlation associated with the quality of life and the age of an American. In the article Challenging Aging Stereotypes Strategies for Creating a More Active Society, the authors tackle common misconceptions and stereotypes associated with aging. As our world of medicine continues to change and we experience advances in medical technology and treatments it is hard not to take notice of the fact that the older population is often overlooked for different treatments and preventative measures. The very reason for this is due to the stereotypes associated with an aging population and these stereotypes prove to be harmful to health across the entire life span. Addressing this issue is so important because health promotion and the quality of life must improve for our aging population (Martin, 1991). If we continue to overlook this issue we will see tremendous set backs in not only the overall well-being of the elderly, but also a deterioration of cogniti ve skills as well as physical skills (Hawkins, Hoffman, Mockenhaupt, Ory Sanner, 2003). The longevity of life is only increasing in the United States. Today one in eight Americans are aged 65 or older (Hawkins, Hoffman, Mockenhaupt, Ory Sanner, 2003). With more and more people beginning to live lives well into their 80s we are starting to see an increase in ageism, or the discrimination against people because they are old. Ageism is where you see a lot of the stereotypes about the elderlyShow MoreRelatedRadiation versus Chemotherapy in the Elderly with Breast Cancer1113 Words   |  5 PagesRadiation versus Chemotherapy in the Elderly with Breast Cancer In clinical practice today the population is increasing in the number of elderly patients, as is the occurrence of breast cancer in women 60 years of age and older. 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Ohio monologue from the play by Nick Zagone Essay Thesis Example For Students

Ohio monologue from the play by Nick Zagone Essay Thesis A monologue from the play by Nick Zagone ZACH: I knew this professor in college, a physicist and he said there are these things called â€Å"wormholes in time.† Holes that can theoretically transport people to their other realities. Ya see, somewhere in another reality we have made the other decisions†¦ the choices we didn’t make! In another reality this man is a billionaire†¦ you are not married to your husband†¦ and I’m living in Ohio! The other possibility lives on with every decision we make. In other realities we are on those paths not taken in our lives. When you think about what you could be doing, you are doing it! Right now! Right now, we can continue in this reality or start a new one based on this decision! And if we start a new reality, don’t feel bad because you will always be married to your husband in another one. It’s so easy to change just change your mind. Somewhere I’m a bum and this man is giving me a quarter. Somewhere right now you are at home in bed with your husband and I’m drinking myself to sleep in front of the TV. We have created a whole new reality here Cat! We decided†¦ just to talk to each other, but in the process we have created for ourselves a whole new life possibly. We’re at a wormhole Catherine. Would you like to jump in with me?