Objectives of the 1933 Act Essay Example | Topics and Well Written Essays - 250 words

Objectives of the 1933 Act - Essay Example The second objective is to prohibit, misrepresentations, deceit, and other misguiding activities when selling securities to the citizens (Johnson, 76). The act says that the offered securities sold to the citizens need to undergo registration by filing the statement of registration with SEC. The prospectus is normally files together with the statement of registration. The statement of registration contains the issuer’s property, security’s description, information about the issuer, and the security’s information. Assuming the statement is suspected to be incomplete, the SEC is entitled to disapprove the statement. When any of the material is missing, SEC is allowed to suspend the registration. The agency tends to provide letters of deficiency after the registration documents are reviews (The Securities Act Of 1933). The SEC uses the technique to suggest or require changes of additional information. Additionally, the act has some exemptions which tend to exempt al l secondary trading that involve the sold and bought

Are our zoos cruel to wild animals Essay Example for Free

Are our zoos cruel to wild animals Essay Zoos are places that often visited by the people for recreation, moreover for the family who has child. They can find many kinds of animal, without going to the wild forest. Zoos can make the visitors happy, but it might not be the same condition as the wild animals feeling. I trust that zoos are cruel to the faunas. Numeruous people think that zoos are good for the wild animals. Keeping animals in the zoos can save the animals from extinction than let them free in their habitat. In their wild habitat, the animal might be killed by their enemies. If they live in the zoo, they could not be killed by their predators because they live in each cage. In addition, they also think that not all of the zoo are cruel to the wild animal because some of them have standart operational procedures how to protect animal in the zoos, for example is Safari Park Zoos, the biggest zoos in Indonesia. On the other hand, there are some reasons that can explain why zoos are cruel to the animals. First of all, zoos are not condusive for wild animals life. They should live in their free habitat. They could feel bored with the limited place that is available in the zoo. Also they cannot interact with the other animals. It can make them feel depressed. If the faunas feel uncomfortable with their habitat, they cannot reproduce well. So, their offspring will be stopped and the wild animals will be extinct. Except that, the zookeepers also make some mistakes. The zookeepers usually does not take care of the animals. They does not give the suitable food for the animals, does not keep the animals clean, and does not give the good treatment for the animals which are getting sick. The zookeeper sometimes exploitate the animals for their commercial aims. They do not care with their condition. Perhaps the wild animal is already tired, but the zookeeper still force them to entertain the visitors. The examples are elephant and dolphin which work hard for entertainment events in the zoo. All in all, it requires the zoos management to improve their ability in managing the zoos. They can decorate the zoos as similar as possible to their natural habitat. They also should make training for the zookepers. So, they can give the better treatment for the animals.

Gerard Manley Hopkins (1844â€89). Poems 1918, Spring and Fall: To a young child :: essays research papers fc

Gerard Manley Hopkins (1844–89). Poems 1918, Spring and Fall: To a young child Mà RGARÉT, à ¡re you grà ­eving Over Goldengrove unleaving? Leà ¡ves, là ­ke the things of man, you With your fresh thoughts care for, can you? à h! à ¡s the heart grows older 5 It will come to such sights colder By and by, nor spare a sigh Though worlds of wanwood leafmeal lie; And yet you wà ­ll weep and know why. Now no matter, child, the name: 10 Sà ³rrow’s sprà ­ngs à ¡re the same. Nor mouth had, no nor mind, expressed What heart heard of, ghost guessed: It à ­s the blight man was born for, It is Margaret you mourn for. Gerard Manley Hopkins was an innovator whose poetry was not published until decades after his death. Hopkins was born in Stratford, Essex, which is near London. He attended Balliol College, University of Oxford. While attending the university, Hopkins was sporadically occupied with verse writing. His passion for religion becomes clearly evident during this time through his poems. His poems revealed a very Catholic character, most of them being abortive, the beginnings of things, ruins and wrecks, as he called them. (Gardner 6) In 1866, he converted to Roman Catholicism, during the Oxford movement. John Henry Newman received him into the Roman Catholic Church. He left Oxford to become a priest, and entered the Jesuit Order in 1868. This is the time when Gerard Manley Hopkins presented a conflict of a man torn between two vocations, religion and the aesthetic world. He also presented a heroic struggle of a man who was so dedicated to one profession that he deliberately sacrificed anoth er profession based on the belief that God willed it to be so. Hopkins is well known for his creation of the term inscape. Inscape can be considered as an individual distinctive beauty. The sensation of inscape, any vivid mental image, is known as instress. (Gardner 11) For Hopkins, inscape was more than sensory impression. It was an insight; by Divine grace into an ultimate reality by seeing the pattern, air, and melody as it were God’s side. (Gardner 27) In "Spring and Fall", Hopkins demonstrates a separation between humanity and nature and a separation between humanity and God. His use of imagery and his sympathetic tone allows the readers to make both distinctions and similarities between adult and child, nature and man, and conscious and intuitive knowledge. The poem is addressed to a child.

Revolutionary Viewpoints Essay -- essays research papers

Revolutionary Viewpoints   Ã‚  Ã‚  Ã‚  Ã‚  Beginning in 1773, the Tea Act, Boston Tea Party, and the Coercive Acts directly brought about the split between Britain and its American colonies. These events were a series of causes and effects and were viewed from extremely different viewpoints by the two sides. Because of these viewpoints, both sides saw force as the next logical step.   Ã‚  Ã‚  Ã‚  Ã‚  The Tea Act was passed by Parliament in 1773. It gave the British East India Company a virtual monopoly on the tea trade in North America while keeping the Townshend tea tax. The monopoly lowered the price of tea, but it hurt colonial businessmen. Soon the colonies started to boycott tea. For the British, the Tea Act sounded like a wonderful idea because it lowered the price on tea. The Tea Act could also let the colonies show that they are Englishmen and it was good for the whole empire. But on the other hand, the colonies thought the tea act was slowly taking away their rights, ruining their 150 years of tradition. Their tradition was that they only were taxed for local reasons.   Ã‚  Ã‚  Ã‚  Ã‚  Since the Tea Act was going on, people were boycotting tea coming from England. This led to the Boston Tea Party. The Boston Tea Party was when 3 ships full of tea had arrived from England and the townspeople were refusing to pay the tax. So the ships could not be unloaded. Then the group, Sons of Liberty boarded the ship dressed as Native Americans...

Incredible India Essay

From ancient times, India has been looked upon as a place full of Mystique. In olden days time travelers like Huen Tsang came a long way with a great difficulty just to have felt of the place. But now in modern times, with supersonic jets, the world has become a smaller and has been named as a â€Å"global village†. With the destinations becoming so much closer the tourist are pouring into India from all over the world leading to a fast development of tourism industry and yet it has not grown to its fullest potential. History has lost count of hordes of humanity which have travelled and through this land of vibes and wisdom; explorers, travelers, traders and invaders have been drawn to her shores. Fa Hien and Hieun Tsang came from China in search of Bhuddha’s calm serenity; from Alexander to Tamburlaine and Nadir Shah, Mahmud Ghaznavi, Muhammad Shah Ghauri to Babar, and Vasco-De-Gama to East India Company. All came here to fill their coffers with the wealth of this land; Jews, Parsees, Muhammedans, Christians, Arabs, Persians, Turks, Orientals and Europeanshave been all made welcome here. Greek Chronicler Megasthenes, North African traveler Ibn-e-batuta, Arab explorer Al Biruni and the Russian traveler Afanasi Nikitin, have all been making a beeline to this land and could not fail to be impressed. Mark Twain said of this country, way back in 1896, â€Å"†¦.nothing has been left undone, either by men or nature to make India the most extraordinary country that the sun visits on his round!†

examine the effect of the adaptation of International Financial Reporting Standards (IFRS) in the Micro Finance sector in Uganda The WritePass Journal

examine the effect of the adaptation of International Financial Reporting Standards (IFRS) in the Micro Finance sector in Uganda Introduction examine the effect of the adaptation of International Financial Reporting Standards (IFRS) in the Micro Finance sector in Uganda IntroductionAim:Objective:Background Context:Literature Review: (micro finance study†¦types of studies conducted)Methodology: (description of the data†¦source†¦compare with other methods)Conclusion:References: Related Introduction Aim: The aim of the study is to examine the effect of the adaptation of International Financial Reporting Standards (IFRS) in the Micro Finance sector in Uganda and clarify the differences on the financial statements and reports. Objective: The major objective of the study is to gain an extensive understanding of the Micro Finance sector in Uganda and to identify the effects caused by the implementation of IFRS in the financial statements. While analyzing the implementation of IFRS, the focus of the study is also to identify the differences in the financial statements and reports and whether it complies with IFRS. Background Context: Microfinance has become a diverse and growing industry. There are over thousands of institutions in Uganda providing micro finance services (check website), ranging from grass roots self-help groups to commercial banks that provide financial services to millions of microenterprises and low-income households. These MFIs receive support and services not only from donor agencies, but also from investors, lenders, network organizations, rating firms, management consulting firms, and a host of other specialized businesses. As with any major industry, microfinance needs accepted standards by which MFIs can be measured. Common standards allow for microfinance managers and board members to assess more accurately how their institution is performing. Institutions that apply industry standards are more transparent- it makes it harder to hide or obscure bad performance and easier to benchmark good performance. For MFIs, industry-wide standards can make reporting to donors, lenders, and investors easier to do if the recipients of the reports are also in agreement with the standards (pwc paper). Common standards provide the language that enables MFIs to communicate with other participants in the industry. The history of microfinance is often associated with the rise of nongovernmental organizations (NGOs) providing microcredit services to the poor and the development of a handful of microfinance banks. In the early 1990s, standards began to emerge calling for stronger financial management of microcredit providers, particularly in their delinquency management and reporting. At the same time, credit unions and banks involved in micro lending developed stronger monitoring techniques for their microcredit portfolios. Since 1990, MFIs have grown in size, type, number, and complexity (BoU report). At the same time, more emphasis has been placed on financial accountability, management, and viability. However, many financial terms and indicators considered â€Å"standard† continue to differ in name and content among MFIs. This leads to confusion among practitioners and analysts and causes considerable distortions when comparing MFIs (SEEP report). The purpose of this study is to understand these distortions and confusions in the financial statements and reports and the effect of IFRS on it (rephrase it as a question). Literature Review: (micro finance study†¦types of studies conducted) Uganda at a Glance: Uganda occupies an area of 236,040 km2 in the heart of East Africa, with a total of over 25.3 million people as per 2003 population census. Approximately 94 percent of the poor live in rural areas where about 75 percent of the population lives (CGAP, 2004) and depend on Agriculture, which contributes about 36.1 percent of the Gross Domestic Product (GDP). Uganda’s economy is heavily dependent on agriculture, as about 80% of the work force is employed in this sector.   Food crop production is the most important economic activity, accounting for over one quarter of the nation’s GDP, compared with only 5% for cash crops[1]. Manufacturing output contributes a further 9%.   Coffee, tea, cotton, tobacco, cassava, potatoes, corn, millet, pulses, beef, milk, poultry are the major agricultural products in Uganda.   Sugar, brewing, tobacco, cotton, textiles and cement are the main industries.   Coffee accounts for the bulk of export revenues and other export commodities of Uganda are fish and fish products, tea, gold, cotton, flowers and horticultural products.   Capital equipments, vehicles, petroleum, medical supplies and cereals are the major imported items. Overview of Micro Finance Industry in Uganda: The Microfinance industry in Uganda is in its advanced stage of evolution. Since the 1990s, Uganda has created a success story by developing the market for microfinance services, which has been considered a role model for Africa and even other regions (Goodwin-Groen et al. 2004). Its growth and development will be a function of the support and effort of practitioners, donors and the Government working together to create an enabling environment for its development. It is readily apparent that the Government is committed to economic and financial reforms. In addition to the other reforms being implemented through its economic policy framework, the Government has shown its commitment to reforming the financial sector.   Operationalization of the Microfinance Policy and the legal and regulatory framework indicates renewed efforts and commitment to improving the financial system. The Government is acutely aware of the limitation of the traditional banking sectors ability to mobilize sav ings from and extends credit to poor people in rural and urban areas. This population has a weak financial resource base and is in dire need of financial services that cater for its unique circumstances. Regulatory Structure for Micro Finance in Uganda The current financial sector policy in Uganda aims primarily at systemic safety and soundness as a supporting bedrock for orderly growth. The policy, drafted by the BoU and approved by Government following multiple bank failures of the late 1990s, was significantly informed by the bitter lessons learnt from these failures and by incidences of fraudulent organizations that fleece the public.   The role of Bank of Uganda, the financial sector regulator, is to ensure systemic safety, soundness and stability of the whole financial sector, and protection of public deposits in the regulated financial institutions. Bank of Uganda issued the policy statement in July 1999 that established a tiered regulatory framework for microfinance business within the broader financial sector. The policy established four categories of institutions that can do micro-financing business in Uganda: Tier 1: Commercial banks.  Ã‚   Banks are regulated under the Financial Institutions Act revised in 2004. Since these are already sufficiently capitalized and meet the requirements for taking deposits as provided for in this Act, they are allowed to go into the business of microfinance at their discretion. Tier 2: Credit Institutions (CIs).   These institutions are also regulated under the Financial Institutions Act 2004. A number of them offer both savings and loan products but they can neither operate cheque/ current accounts nor be part of the BoU Clearing House.   Like banks, they are permitted to conduct microfinance business since they are already sufficiently capitalized and meet the requirements for taking deposits provided for in the Act. Tier 3: Micro Finance Deposit Taking Institutions (MDIs).   This is the category of financial institutions that was created following the enactment of the MDI Act. Originally doing business as NGOs and companies limited by guarantee, these institutions transformed into shareholding companies, changed their ownership and transformed/ graduated into prudentially regulated financial intermediaries. They are licensed under the MDI Act and are subjected to MDI Regulations by BoU. Like Tier I and II institutions (banks and CIs), the MDIs are required to adhere to prescribed limits and benchmarks on core capital, liquidity ratios, ongoing capital adequacy ratios (in relation to risk weighted assets), asset quality and to strict, regular reporting requirements. Tier 4: All other financial services providers outside BoU oversight. This category has SACCOs and all microfinance institutions that are not regulated such as credit-only NGOs, microfinance companies and community-based organizations in the business of microfinance.   These institutions have a special role in deepening geographical and poverty outreach, and in other ways extending the frontiers of financial services to poorer, remote rural people. Tier 4 institutions operate under various laws, none of which regulates them as financial institutions. The SACCOs are registered and in principle supervised under the Cooperative Societies Statute 1991by the Ministry of Trade, Tourism and Industry.   The other governing laws for Tier 4 include the Companies Act (1969),the Money Lenders Act (1952)and the NGO Registration Act (1989). Supervision of these institutions is currently so weak that their regulation is of minimal effect because it is generic, all encompassing for all activities and not focused on financial oversight. Overview of Accounting System in Uganda: The Institute of Certified Public Accountants of Uganda (ICPAU) is the only statutory licensing body of professional accountants in Uganda. It was established by the Accountants Statute, 1992, but did not commence operations until 1995. The ICPAU is empowered by the statute to establish accounting standards and to act as a self-regulatory organization for professional accountants, which includes requirements for practicing as a professional accountant in Uganda. The functions of the Institute, as prescribed by the Act, are: To regulate and maintain the standard of accountancy in Uganda; To prescribe or regulate the conduct of accountants in Uganda. The objectives, of the institute included the regulation of accounting practice and the provision of guidance on standards to be used in the preparation of financial statements. As with most developing countries, and in cognizance with developments in the area of accounting at a global level, the ICPAU in 1999 adopted International Accounting Standards (IAS) without any amendments (Dumontier and Raffournier, 1998). Prior to the adoption of IAS, there had been a proliferation of approaches to the preparation and presentation of financial statements in Uganda. One of the more obvious approaches to the presentation of financial statements was based on references to Generally Accepted Accounting Standards (GAAS) and firm law (Samuel Sejjaak, 2003). International Financial Reporting Standards Since 1998, the Council of ICPAU has adopted International Financial Reporting Standards (IFRSs, IASs, SIC and IFRIC Interpretations) as issued by the International Accounting Standards Board (IASB), without amendment, for application in Uganda (IFRS for SMEs). International Financial Reporting Standards set out recognition, measurement, presentation and disclosure requirements dealing with transactions and other events and conditions that are important in general purpose financial statements. Methodology: (description of the data†¦source†¦compare with other methods) Into the frames of this proposal, the research will be conducted in an attempt to analyse the index and the quality of the accounting statements of the micro finance industry. Due to this reason the target of this study is the collection of empirical observations concerned to the effect of the adaptation of International Accounting Standards to the quality and quantity of the accounting information that are published. The work of this study will be based on desk research only. A desk-based research was contacted to make the essential link between theoretical frameworks and empirical observation. Mainly the study will focus on the comparative examination of the annual Financial Statements of Micro Finance Institutions in Uganda registered by the Bank of Uganda (BoU). To examine and analyse the content of those Financial Statements so as to meet the objectives of the project and derive conclusions, the Content Analysis will be used. Content analysis has been defined as a systematic, replicable technique for compressing many words of text into fewer content categories based on explicit rules of coding (Berelson, 1952; GAO, 1996; Krippendorff, 1980; and Weber, 1990).  Content analysis enables researchers to sift through large volumes of data with relative ease in a systematic fashion (GAO, 1996). It can be a useful technique for allowing us to discover and describe the focus of individual, group, institutional, or social attention (Weber, 1990). There are two general categories of content analysis: conceptual analysis and relational analysis. Conceptual analysis can be thought of as establishing the existence and frequency of concepts – most often represented by words of phrases – in a text. In contrast, relational analysis goes one step further by examining the relationships among concepts in a text. Content analysis offers several advantages to researchers who consider using it. In particular, content analysis:   Ã‚   Looks directly at communication via texts or transcripts, and hence gets at the central aspect of social interaction   Ã‚   Can allow for both quantitative and qualitative operations    Can provides valuable historical/cultural insights over time through analysis of texts    Allows a closeness to text which can alternate between specific categories and relationships and also statistically analyzes the coded form of the text    Can be used to interpret texts for purposes such as the development of expert systems (since knowledge and rules can both be coded in terms of explicit statements about the relationships among concepts)    Is an unobtrusive means of analyzing interactions   Ã‚   Provides insight into complex models of human thought and language use Content analysis suffers from several disadvantages, both theoretical and procedural. In particular, content analysis:    Can be extremely time consuming    Is subject to increased error, particularly when relational analysis is used to attain a higher level of interpretation   Ã‚   Is often devoid of theoretical base, or attempts too liberally to draw meaningful inferences about the relationships and impacts implied in a study    Is inherently reductive, particularly when dealing with complex texts   Ã‚   Tends too often to simply consist of word counts   Ã‚   Often disregards the context that produced the text, as well as the state of things after the text is produced   Ã‚  Ã‚   Can be difficult to automate or computerize (Writing Guides, http://writing.colostate.edu/guides/research/content/com2d3.cfm) The content analysis will be used for the determination of the study. Although there are some limitations it is thought as the most appropriate method/tool for the purpose of the study. Conclusion: References:

Worst Super Glue Accidents

Worst Super Glue Accidents Super glue is an amazing adhesive. Its so amazing that its easy to accidentally glue something you didnt want glued! Have you ever super glued something by mistake or even meant to glue it and then regretted it? What did you end up doing to fix the problem? I asked readers to share their stories. Here is what they wrote... Awkward I remember this one time I was sitting next to my friend in science class, Justin, and I smashed a glass container. My teacher gave me super glue because apparently they were low on glass test tubes so I had to glue it back together, but what I didnt realize is that I had glue on my hands and when I reached to put the glass test tube back in the tray I accidentally touched my friends hand. I dont know why but we literally couldnt move our hands apart so because I was embarrassed to tell a teacher about it, I had to sit through 3 classes (1 hour each) with my hand stuck to Justins. After that we had to walk to my house, un-stick our hands and then Justin had to walk home. The next day was so awkward. - Amy Thaitene Going Crazy Glued My Teeth About 6 months ago I did the worst thing Ive ever done to my body I super glued my teeth nothing actually happened or I didnt really notice but the last month I started with the little peeling and now I noticed that my 80 percent of my teeth covered in a layer of glue. I have never experienced anything like this in my life and it is hell. - super tethed How to Remove Super Glue from Other Stuff Usually you should apply acetone to a cotton ball and apply to the doorknob areas where they are glued. Then wait a bit. The acetone should seep through the closed spaces and remove it so you can pop it off. - Alison Super Glue Issue I used a super glue type product to glue the temp control knob in my car that came off. Now the knob wont turn at all. How can I pop the knob off, even though it has been super glued? - Guest Jeff Franklin Carpet vs Hardwood Our 3 year old daughter glued our pet cats paws to the carpet so that he would stay! Thank goodness it simply took a few snips of the scissors to free Smokey. - Shes2cute Pants, Man! Literally half an hour ago I was super gluing together my broken binder and the glue was being stubborn, so I squeezed a little harder and half of the tube came out and instantly dried - on my pants. It soaked through and stuck to my leg, so Im now trying to do the whole mayonnaise thing because I have mayo. Hope it works. - juantacos Nail Fail Attempting to glue on falsies. All going well put the glue on the then I went to put it on my finger, but I had glued it to my fingers from holding it wrong then pulled it off. Glue went all over my face. Scared me half to death. Hurt so much! - noname Lol I hate super glue. Never used it but Im scared so I wear full protection. - lol Super Glued My Eye In a college art class I couldnt get the superglue out of the tube so squeezed it real hard and it shot up into my eye. I pried my eye until it opened up again and work at getting the glue of the skin and lashes. It was hard though because it was also caked all over my fingers. Luckily I think I must have blinked my eyes just as it hit my eye because it seemed to only be on the outside. I ripped some eyelashes out and had to wait and work at the glue for it all to come off. But after that experience, I feel pretty stupid, who gets super glue in their eye in college? - johannanow Mayonnaise NOT Acetone I glued 3 fingers with Super Glue! Soak fingers in a bowl of mayonnaise for 20 minutes and the glue will crystallize and crumble off. No fuss, no muss... no acetone! - Papa J Pepper I JUST GOT SOME SUPERGLUE ON MY FINGER (DIDNT KNOW IT WAS ON THERE). ANYWAY, PUT MY FINGER NEXT TO MY NOSE, AND. OF COURSE IT LANDED ON MY FACE WHICH WE ALL KNOW IT DRIED QUICKLY. YOU KNOW WHAT I GOT IT OFF WITH I PUT SOME SIMPLE VASELINE ON IT AND LET IT SIT FOR ABOUT 10 MINUTES THEN I RUBBED IT BRISKLY AND IT CAME RIGHT OFF! THATS MY INVENTION FOR THE DAY! - JC Super Glue Prevention to Get Smeared Prevention to get smeared by Super Glue is better than for the exercises for removal. Apply generously any edible oil (cooking oil) -groundnut/peanut/sunflower/soybean whatever is available on both of you hands and wait for a few minutes. Wipe of you hands with waste cotton/cloth/tissue paper. use safety goggle/zero glass to protect your eyes. Super glue will not stubbornly act on your skin. You can wash off your hand with any soap and warm water. - D.K.Sarkar Never Using Super Glue Again I squirted super glued my eye years back when I was trying to fix a split in a manicured finger nail. The glue wouldnt come out of the tube (it was like a toothpaste tube), so I gave the tube a good squeeze. The came squirting out the back, crimped end and into one of my eyes and under it. It stung and my first thought was will I be blinded? Luckily, my tearing eye cleared away the glue that was on my eye ball, but I could not get the glue from the skin under my eye without very gently using nail polish remover and a cotton swab multiple times over a couple of days and it looked like I had a wrinkled rash under the eye until I get the last of it off. - ShelleyElmblad The Things We Do for Beauty... Yes, Ill admit it. I did super glue my eyeball. Actually, it was the cyanoacrylate glue that comes with single false eyelashes. My aim was not so great and I stuck an eyelash to my eyeball. I know, it sounds horrible, but it wasnt so bad. The glue did sting a little, but it loosened on its own in a couple of minutes. I wouldnt recommend it though. - gemdragon