Choosing a New Director of Research Case Study Example | Topics and Well Written Essays - 750 words

Picking a New Director of Research - Case Study Example In spite of the fact that the three competitors appear to be commendable up-and-comers, Alexa and Kelsey will in general be progressively centered around components of solace and innovativeness than results (Northouse, 2010). In such manner, Thomas had recently demonstrated comparable qualities through his achievements at GLF, which earned him the regard of his kindred associates. It is evident that a decent pioneer ought to be free with different specialists so as to build up a decent working relationship. Thomas is free with different partners and offers thoughts with them as a result of his tremendous involvement with the organization. Sandra Coke ought to go for somebody who is gifted and comprehends the market elements so as to exploit the new patterns in the business (Collins, 2014). Thomas merited the advancement as a result of his past encounters and genuineness when managing different specialists (Northouse, 2010). This will empower to impact changes without obstruction from the laborers who likewise comprehend his capacities to deliver great outcomes. The characteristic methodology is helpful in the kind of enlistment since it makes it simple to perceive the authority capacities of various people. Laborers have fluctuated characteristics from one another that empower the administration to distinguish the qualities of each gathering. The attribute approach is additionally appropriate since it helps in narrowing down the characteristics of applicants on the administrative rundown. Associations need to screen the exhibition of their laborers before elevating them to administrative positions (Northouse, 2010). This makes it suitable for the administration to improve a smooth change in the policymaking and dispersion of assignments. Thinking about this, the characteristic methodology is special and accommodating to pick competitors that show great characteristics and involvement with their obligations. Picking of laborers dependent on characteristics is reasonable than utilizing the scholarly rules that lone spotlight on the aptitudes procured (Weth, 2007).â

Theory of Evolution :: essays research papers

1809 February 12 - Charles Robert Darwin conceived at The Mount, Shrewsbury. 1818 - Darwin entered Shrewsbury School. 1825-27 - 22 October Darwin registered at Edinburgh University where he considered medication however activities (without sedatives) and seeing blood diverted him from that calling. 1827-31 - 15 October Darwin was admitted to Christ's Colledge, Cambridge University, to get ready for a profession in the Church. He acknowledged the Articles of Faith. 1829 Summer - Darwin made an entomological voyage through North Wales with Professor F. W. Expectation. Darwin's enthusiasm for 'bugs and scarabs' was longstanding. 1831 - 26 April Darwin got his BA degree. In Spring he started arranging a logical journey to Canary Islands. 1831 August 29/30 - Darwin got an encouragement to fill in as unpaid naturalist on the review transport H.M.S. Beagle, which was to go far and wide. Now Darwin had no conventional preparing in science. 1831 December 27 - The H.M.S. Beagle cruised from Devonport, England 1832 September 23 - Darwin made his first significant fossil find, strikingly different wiped out well evolved creatures. 1832 December 16 - Darwin had his first sight of 'Indians' of Tierra de Fuego. 1835 March 26 - Darwin is bittn by Triatoma infestans. 1835 September - Darwin examined topography and the fauna, and verdure of Galapagos Islands. Here he mentioned itemized objective facts, in the long run taking note of the now-celebrated 'Darwin's finches' just as the Galapagos tortoises. 1835 December - Darwin composed his previously known draft of his paper on hypothesis of arrangement of coral reefs. 1836 October 2 - The H.M.S. Beagle at last came back to England and docked at Falmouth, England. 1837 March 13 - Darwin lives at 36 Great Marlborough Street, London. 1837 May 31 - Darwin read his paper on coral reefs to the London Geological Society 1837 July - Darwin 'Opened first journal on Transmutation of Species.' 1837 October - Darwin started work prompting Zoology of the Voyage of H.M.S. Beagle, altered and watched over by Charles Darwin, distributed 1840-1843, 5 volumes. 1838 September 28 - Darwin began to understand Malthus, and later professed to have defined his hypothesis of development by normal determination. 1838 November 11 - Darwin propooses union with Emma Wedgwood. 1839 January 1 - Darwin moves to 12 Upper Gower Street, London. 1839 January 24 - Darwin chose a Fellow of the Royal Society. 1839 January 29 - Charles Robert Darwin wedded Emma Wedgwood - Marry, Marry, Marry.

Use Professional Career Goals by School Or by Profession Essay Sample to Write Your Essay

Use Professional Career Goals by School Or by Profession Essay Sample to Write Your EssayWhen it comes to writing a career path by school or by profession essay, the importance of submitting your resume, a detailed essay, should not be overlooked. A well written resume is the one that puts you in the lead. If you do not have a good resume, it would be pretty tough for you to get an interview at all. So, when it comes to writing a career path by school or by profession essay, the important thing is to develop an essay that can really impress your potential employer.You can only succeed with an essay that displays your own professional career goals and experience, and what you have achieved. Thus, to make your career path by school or by profession essay look really good, you must take note of several resume and job application samples that are available online.Many people are impressed with well-written essays, but they are not sure how to develop their own professional career path by school or by profession essay. The thing is, you need to follow a set of instructions if you want to be a good writer. Otherwise, it will become difficult for you to make your career goals by school or by profession essay look good. A combination of a good essay and a good resume is the only way to succeed.Of course, a well-written resume would not do you any good unless you also have a well-written career goals by school or by profession essay. Therefore, you must be able to use some professional resume and job application samples. Here are some of the main things that you should remember if you want to create a good career goals by school or by profession essay.First, a resume should not only have a job description and contact information but it should also contain some basic information about yourself, and how you will be able to impress your prospective employer. The first page of your resume should be a summary of the skills, education, experience, and awards you have attained . That's the best place to start.Next, it is important to consider an outline to format your career goals by school or by profession essay. An outline will help you organize your statement. Moreover, this will help you communicate your career goals in a way that other people who may view your resume will understand.Furthermore, you must also take note of the format of your professional career goals by school or by profession essay. Keep in mind that, while the goal of the letter should be to impress the prospective employer, you should not forget that the letter must be written in such a way that the entire letter may have a more powerful impact on the reader.It is important to understand the tone that you should use when writing your career goals by school or by profession essay. Always keep in mind that, your career goals by school or by profession will be judged by people in a way that they are going to make an impression of your achievements. Therefore, to impress people, you mu st use both an impressive resume and an attractive career goals by school or by profession essay.

Gender Harassment And Sexual Harassment Essay - 1688 Words

Bennett-Alexander Hartman (2015) mentions that sexual harassment is based on gender and does not â€Å"Involve sex, requests for sexual activity, comments, or anything similar† (Bennett-Alexander Hartman, 2015, p. 423). The non-sex requirement is the reason that the term gender in sexual harassment is discussed meaning whether if the individual is male or female that is filing a sexual harassment claim. Although, Title VII of the Civil Rights of 1964 mentions that individuals should not be discriminated on the basis of gender, sex, ethnicity, race, religion, etc it does not specify an individual’s sexual orientation. This writer will be discussing a case where a male employee files a sexual harassment claim against the employer as the male employee identifies as being gay. He also is filing discrimination on the basis of his gender and alleges retaliation as he was terminated after he had complained about his female coworker. Apparently, the male employee alleged tha t a female employee while at a dinner and concert after work hours grabbed his privates. It is important to note that the male employee’s performance prior to the incident was declining and was counseled on several occasions by his employer about his declining production. Furthermore, this writer will be discussing whether if the facts could result in liability to the employer for sexual harassment or gender discrimination. Also, this writer will be integrating and referring to various sources and cases thatShow MoreRelatedSexual Harassment And Gender Harassment1731 Words   |  7 Pageswork has been done around the area of Sexual Harassment, as the primary systematic attempt to outline theoretical space of Sexual Harassment and build up a complete classification system had started in the year 1980 (Fitzgerald et al. 2010). Sexual Harassment is defined as the unprompted male conduct that asserts a women’s sex role over her function as employee or intimidation of a sexual nature or the inappropriate promises of rewards in return for sexual favors (Fitzgerald 1990). In most ofRead MoreSexual Harassment And Gender Inequality2146 Words   |  9 Pagesage, gender, power and social class. This paper will examine gender inequality in society. Using an article from the Toronto Star, I will focus on sexual harassment as an issue of gender inequality in the workplace and the impact it has had on the self-esteem as well as opportunities and achievements of women. Gender Inequality can be defined as the unequal treatment and prejudice of a person on the basis of sex and gender roles. Sexual harassment is further defined as any unwelcome sexual advancesRead MoreGender, Sexual, And Sexual Harassment And Assault Response And Prevention1997 Words   |  8 PagesNon-Commissioned Officers (NCO) Army wide. These challenges include the potential increase in gender discrimination, sexual harassment and sexual assaults. NCOs will have to rely on their ab ility to implement the Core Leader Competencies (Leads, Develops and Achieves) to ensure the successful integration of women. The greatest challenge will be in developing cohesive teams while ensuring the Army’s Sexual Harassment/Assault Response and Prevention (SHARP) program is successfully implemented. This willRead MoreImpact of Gender on Reactions to Military Sexual Assault and Harassment700 Words   |  3 PagesTitle of Article: Impact of Gender on Reactions to Military Sexual Assault and Harassment Date of article: February 2014 Author(s): Margret E. Bell, Jessica A. Turchik, Julie A. Karpenko Source (Please attach copy of article): Bell, M., Turchik, J., Karpenko, J. (2014). Impact of Gender on Reactions to Military Sexual Assault and Harassment. Health Social Work, 39(1), 25-33. ARTICLE SUMMARY: Social Workers have a need to advance an understanding of working with veterans especiallyRead MoreSexual Harassment Within The Workplace1382 Words   |  6 PagesSociology of Gender November 2015 SEXUAL HARASSMENT IN THE WORKPLACE Sexual harassment is any form of unprecedented sexual conduct in which the offender uses inappropriate language and actions that humiliate the sexuality of the offended. At workplaces, sexual harassment occurs when stakeholders of an organization engage in unwelcomed conducts of sexual nature, which makes the recipients (of the conduct) intimidated and uncomfortable. As Solotoff and Kramer (2014: 67) assert, sexual harassment is aRead MoreEssay on Sexual Harassment in the Workplace1398 Words   |  6 PagesSexual harassment can be described as any unwanted sexual comments or unwanted sexual advances. People think that in a sexual harassment situation that the offender is always a male but that is not the case, females can also be the harasser. There can be several incidents where a male is sexually harassing a female, female harassing a male, female harassing a female, or a male harassing a male. When sexual harassment occurs it can make any situation uncomfortable, especially if th e advances are unwelcomeRead MoreSexual Harassment And The Civil Rights Act869 Words   |  4 PagesSexual harassment is a form of gender discrimination and therefore it is a violation of the 1964 Civil Rights Act. Sexual harassment perpetuates inequality preventing students from equal access to education. Colleges are obliged by the Federal Government to implement the programs that prevent sexual harassment and educate students. Sexual harassment on campus can take various forms and come not only from student but also from the professors. When a professor promises a certain grade in exchange forRead MoreSexual Harassment At The Workplace1697 Words   |  7 PagesSexual Harassment in the Workplace Eva L. Mendez-Zacher MG260, Business Law I 28 September 2014 Dr. Anita Whitby Abstract I’m conducting a study on Sexual harassment in the workplace. Sexual harassment is possible in all social and economic classes, ethnic groups, jobs and places in the community. Through this study I hope to clarify the common misconception that sexual harassment is an isolated female problem. Although the majority of the cases reported are in fact male on femaleRead MoreSexual Harassment And The Social Movement Essay1511 Words   |  7 PagesSexual harassment is a pressing issue that occurs on all platforms of the world we live with. It is unfortunately so very common, that is overlooked. Whether it is at the workplace or at home or even on the streets, it has a presence that is at times hard to distinguish from â€Å"just a bit of friendliness†, to a presence that is blatantly inappropriate. As unfortunate as it is, this issue does not hold black and white qualities, but rather falls in the grey area very often. Although it would appearRead MoreDespite The Issues Th at Have Surrounded Women In The Workplace1571 Words   |  7 Pagescareer, or internship. Either gender has been sexually harassed and prejudiced by the people who have power over them, or the workers they call friends. These issues that have appeared has caused a lot of fear, anger, and anguish. That is why those with the power should input policies, including gender bias training in management, and include employee assessment to fully ensure the protection of the genders against sexual harassment in the workplace. Sexual harassment in the workplace has been a growing

Drug Research Paper - 1105 Words

Alana Holly Health 12\23\04 Period 2 Drug Research Paper Methaqualone, is also referred to as Disco Biscuits, Down And Dirties, Jekyll-and-Hyde, Joe Fridays, Lemmon 714, Lemons, Lennons, Lovers, Ludes, Mandies, Mandrake, Q, Qua, Quack, Quad, Quaaludes, Soaper, Supper, Vitamin Q, The Love Drug, Wallbangers, Whore Pills, and Sopor. This list of street names for the drug goes on and on. Methaqualones were first introduced in India in 1955. This drug was then sent to Europe and Japan as a safe barbiturate substitute. By 1965 it had become the most commonly prescribed sedative in England. It was also at this time that it was gaining popularity as a street drug, under the names Mandies or†¦show more content†¦Other long term effects include reduced heart rate, reduced respiration and reduced muscle coordination. There are some side effects for taking Methaqualone. They mostly occur when the user takes high doses of the drug. They include things such as depression, irrational behavior, poor reflexes and slurred speech. If a person overdoses on Methaqualone, they may experience problems such as Delirium, coma, restlessness, hyperreflexia, hypertonia, myoclonus, convulsions, tachycardia, cardiac and hepatic damage, and bleeding, vomiting, and renal insufficiency. If you take this drug during your pregnancy you could have your baby early, or your child could have severe birth defects such as organ deformities as well as physical deformities. Also when your baby is born it is now addicted to Methaqualone and must go through the detoxification process. Methaqualone is a very dangerous drug. When the drug is combined with alcohol, the combination can be lethal. This does not stop people however. It is most common to mix this drug with alcohol, when this happens its known as luding. As with any drug, after awhile you can develop a very high tolerance for it. Methaqualone is dangerous for the user, especially if it is used daily. The user will continually try to get the same effects as the first time they did the drug. By doing this they must take higher and higher doses to reach it. This can lead to the user becoming addicted to the drug.Show MoreRelatedDrug War Research Paper1354 Words   |  6 Pageshardworking. Students are also used to being surrounded by people of different races and cultures, so equality and tolerance is a value students generally hold. Many in this demographic popularly are fans of soft drugs, such as marijuana. It is assumed that this demographic looks down on the drug war. Generally students are well inform ed as to what is going on in the news. They’d have some working knowledge of the topic. Overall, this demographic recognizes (myself included) that they are the future ofRead MoreResearch Paper on Drug Use931 Words   |  4 PagesDrug use in today’s society is something that has become too common. We have a large percentage of our population using drugs for numerous reasons. The stresses of our fast paced lives can be the reason we need drugs to keep up. We sometime take these drugs with out thinking of the future consequences and risk that might be attached to them. We have to teach society of the dangers of drugs and the treatment available to quit using. We have too many people using drugs in our society today. â€Å"In 1996Read MoreDrug Addiction Research Paper723 Words   |  3 Pagesexperience with PARP inhibitors, which are the first class of drugs to work by the mechanism, and by the potential for companies to use the powerful gene-editing tool CRISPR to find new and more reliable synthetic lethal drug targets. Like the army of White Walkers who march haltingly across the tundra in the HBO series Game of Thrones, cancer cells trudge along in a menacing, but hobbled, state. For several decades, small-molecule cancer drug researchers have dug for dragonglass among the kinases.Read MorePublic Policy Research Paper On Drugs Essay1711 Words   |  7 PagesPublic Policy Research Paper Drugs. They have entered our communities, our schools, our neighborhoods, our homes. For generations now they have been affecting our society; influencing politics, laws, wars, science, and the overall structure of society. Russia and Mexico have had some of the highest involvement in drugs, and the fight against them. In Russia almost 6 percent of the total population, which is about 8.5 million people are drug addicts, or regular users. Russia has also become increasinglyRead MoreSocial Policy and Drug Research Paper878 Words   |  4 Pages8 Social Policy and Drug Research†¨by Daniel Patrick Moynihan The major idea that the author discussed in this article was how current social policy is aimed at decreasing the use of illegal substances? The question progresses whether research efforts must stick to this policy in order to be considered ethical. If research is to be judged in fair terms, what effect does this have on the selection of research projects to be funded, how the research is done? and how the findings are treated byRead MoreEssay about Affects of Drug Abuse645 Words   |  3 PagesAssociate Level Material Appendix D Research Plan As part of your research plan, you must first draft a research question for your research paper that will guide the rest of your writing. A research question, which is more specific and focused than a general topic, is the question that your research paper will be answering. For example, if your general area of interest is social security, a possible research question might ask â€Å"How can low-income families save more money if the United StatesRead Moredrug addiction1059 Words   |  5 PagesReseach Paper About Drug Addiction Introduction These days, drugs can be found everywhere, and it may seem like everyone s doing them. Lots of people are tempted by the excitement or escape that drugs seem to offer. But learning the facts about drugs can help you see the risks of chasing this excitement or escape. And just as there Premium4645 Words19 Pages Research Paper About Computer Addiction CHAPTER 1 INTRODUCTION A. Background of the study It is known that we are living in technologicalRead MoreThe Effects Of Synthetic Cannabinoids On The World Of Medicine1100 Words   |  5 Pagesis getting stronger everyday with fighting of common diseases. However, while this may consider medical drugs with healing abilities, there are drugs that are changing every year to adapt to legal issue. This drug is synthetic cannabinoids or commonly known as spice. Synthetic cannabinoids have many different names based on the strength, but will be referred to as spice in this paper. The research has been lacking in what actually happens under the conditions of spice because of the adaption that happensRead MoreReducing Drug Trafficking in the United States892 Words   |  4 Pagespersonnel to reduce drug trafficking? 1 Reducing drug trafficking in the United States Linda Ellison ENG 122 Charlie Johnson November 21, 2011 Running Head: Should the government recruit discharged and retired military personnel to reduce drug trafficking? 2 Proposed Claim: Our government/military can stop or reduce drug trafficking in the United States. There is a solution that can be used to keep drugs out of our countryRead MoreSchizophrenia Research Papers801 Words   |  4 Pagesthat mainly involves strong doses of antipsychotic drugs. These drugs help to blunt hallucinations and delusions. Unfortunately, a lot of these drugs come with side effects such as weight gain or tremors. This new study suggests that patients who are treated with lower drug doses and emphasize one-on-one therapy and family support had better results in recovery over the first two years of treatment than the patients who were on a strictly drug-focused care. These findings come from the most rigorous

John Updikes aP Sammys Growth - 1545 Words

John Updikes AP : Sammys Growth John Updikes story AP is about a nineteen year old boy, Sammy, who has a job at the local grocery store, the AP. Sammy works at the register in the store and is always observing the people who walk in and out each day. On this particular day that the story takes place, Sammy is caught off guard when a cluster of girls walk into the store wearing just their bathing suits. This caught Sammys attention because the nearest beach is five miles away and he could not figure out why they would still be in their suits. Sammy continues to overlook the girls in the store throughout their endeavor to pick up some items that they were sent in for. While they are wandering around the store Sammy watches the†¦show more content†¦Another part of Sammys expansion to mature comes when the store manager approaches the girls at the checkout. As Sammy stands behind the counter he notices Lengel, the store manager, approach the girls and exclaim to them Girls this isnt the beach (Updike 599 ). The girls stood there and explained why they were sent into the store, but none of there explaining seemed to appease Lengel. Lengel than stated, Thats all right, But this isnt the beach. His repeating this struck me as funny, as if it had just occurred to him, and he had been thinking all these years the AP was a great big dune and he was the head lifeguard. He didnt like my smiling-as I say, he doesnt miss much- but he concentrates on giving the girls that sad Sunday-school-superintendent stare( Updike 600). At this point of the story Sammy starts to notice that his manager thinks that it is ok to talk down to the girls and not treat them with any respect. The way Sammy saw the girls being treated really made him upset, and also made him realize that the way Lengel was treating them was no way to treat any person, especially a customer of a store. As Sammy continues to listen to what Lengel was saying to the girls he decided to open up his mouth and stand up for something he believed was right. He knew that there was no law saying they couldnt come in the store dressed inShow MoreRelatedAnalysis Of John Updikes AP Essay1544 Words   |  7 PagesJohn Updikes story AP talks about a 19-year old lad, Sammy, who has a job at the local grocery store, the AP. Sammy works at the register in the store and is always observing the people who walk in and out each day. On this particular day that the story takes place, Sammy is caught off guard when a cluster of girls walk into the store wearing just their bathing suits. This caught Sammys attention because the nearest beach is five miles away and he could not figure out why they would still beRead MoreA P By John Updike1033 Words   |  5 PagesFurthermore, how we face these decisions will have an impact in our lives, and sometimes the ones that seem to be small are the most important ones. John Updike understood how making decision affects people’s life, and he develops it in his short story â€Å"A P,† which is the story of an unhappy boy who quits his job for a pretty girl. In order to develop this theme, John Updike takes Sammy, the main character of the story, through three different stages. In the beginning stage, Sammy is just a boy who is notRead MoreA Common Technique Used By John Updike926 Words   |  4 Pages A common technique used by authors throughout literature is the growth of the main character into their own. From the maturation of a selfish soul into a triumphant hero, or the rise of a shunned underdog into a loved champion, authors have create situations for their characters that teach readers a significant life lesson about the world we live in. For example, John Updike’s Sammy from AP and Flannery O’Connor’s Grandmother from A Good Man is Hard to Find both receive wake up calls from the respectiveRead MoreSymbolism in John Updikes A P1440 Words   |  6 PagesJohn Updikes short story A P recounts how an adolescent supermark et cashier named Sammy has his life changed forever when three girls in bathing suits shop in the store where he works. He is the first person narrator who shapes the tale with his descriptions, attitudes and opinions. He is the protagonist who grows up quickly in a single day and the only round, fully developed character in the tale. As you proceed through the story and become acquainted with Sammys opinions and ideas, it becomesRead MoreEssay on Personality in John Updikes AP1275 Words   |  6 Pagescharacter to make them stand out in a story.nbsp; In A amp; P by John Updike, Sammy starts off as a young man discontent with his ordinary adult surroundings and moves to his need to change it. Throughout the story, Sammy describes and interprets the scenes around him, consequently revealing his own character, by which can be related through the use of Thomas Chous Ennegram, to distinguish his personality type. nbsp; John Updike gives the reader an inside look into the adolescent mindRead MoreJohn Updike s A P And James Joyce s Araby1877 Words   |  8 PagesComing-of-age is a chapter that every individual must inevitably trek through in order to grow and mature into one’s own self. In John Updike’s AP and James Joyce’s Araby, the theme of growth permeates throughout both narratives as their respective protagonists fabricate an ideal world from their own naive perspectives, only to shed their ignorant fantasies about how they believe to understand that the world can bend to their decisions to truly understand the cruelty behind world they live in: reachingRead MoreEssay about Compare aP and Greasy Lake1108 Words   |  5 PagesJohn Updikes A P and T. Coraghessan Boyles Greasy Lake have many similarities as well as differences as coming-of-age stories. A P is about a nineteen-year-old boy working at a grocery shop who stands up against the manager trying to defend and imp ress the girls he is attracted to who are not decently dressed (Updike 18). Greasy Lake is a story of several nineteen years old youths who play a prank on a bad character and experience what real bad characters can do. Fortunately,Read MoreAP: Short Story 2828 Words   |  4 PagesA P â€Å"AP† written by John Updike is a short story about a young boy named Sammy. He was 19 years old and he was working at AP mini market. One day, there were three girls shopping at the store wearing bikinis, and Sammy was surprised yet adore these three girls, until one day he quitted his job because he wanted to be their hero, but unfortunately, the girls didn’t even see him. John Updike was trying to describe Sammy as a typical youth who is trying to get some attention. At the beginning

IASB and FASB Conceptual Framework †Free Samples to Students

Question: Discuss about the IASB and FASB Conceptual Framework. Answer: Introduction The conceptual framework in accounting is developed by International Accounting Standards Board (IASB) for providing standard rules and principles that should be adopted by businesses around the world for preparing their financial statements. The business organizations develop and published general purpose financial reports that include balance sheet, income stamen, statement of changes in equity and cash-flows. These general purpose financial statements are meant to provide all the necessary financial information to the end-users such as investors and creditors for supporting their decision-making processes (Hoffman, 2016). In this context, this report has been undertaken for analyzing and examining the general purpose financial reports of Westpac Banking Corporation. The analysis is done for evaluating the compliance of annual report of the banking corporation with the standards principles and guidelines of conceptual framework and AASB. AASB (Australian Accounting Standards Board) is recognized as regulatory authority that holds the responsibility of developing and maintaining the compliance of businesses within Australia as per the IASB standard conventions (Mazhambe, 2014). Westpac Banking Corporation is a renowned Australian bank involved in providing a range of financial services for personal or business use (Westpac Group Annual Report, 2016). The evaluation of compliance of bank with the AASB standards is undertaken in the report through examining its balance sheet, income statement, auditors, directors and remuneration report. Remuneration Report The Westpac Banking Corporation has published and disclosed all its necessary information relating to the remuneration of its key management personnel in the remuneration report. The banking corporation has developed a sound remuneration framework in order to ensure that remuneration offered is aligned with the shareholders value maximization. The remuneration policies and practices are directly linked with providing superior long-term results for creating value for shareholders. The board in support of the remuneration committee holds the responsibility that the interest of shareholders is not impacted in any way with the remuneration policies of the banking corporation. The banking corporation has also effectively disclosed its remuneration strategy though disclosing information relating to the fixed remuneration, long-term and short-term incentives of the key management personnel. The reward policy of the banking corporation is strictly linked with the key performance disciplines that key executives and directors should achieve for gaining high reward and bonus payments. The performance disciplines include promoting the sustainable development of the bank, effective capital management, maximizing economic profit and improving its digital capabilities. Thus, the reward policy implemented by the Westpac is directly linked with promoting the long-term creation of value for shareholders (Westpac Group Annual Report, 2016). However, the banking corporation is recently facing problems in regard of remuneration offered to its key executives and directors. The banking corporation has recently announced that the short-term incentive payments of the directors and executives will be reduced on an average below 11% as compared to that of previous year. This is because on realizing lower earnings per share, economic profit and return on equity by the banking corporation as compared to that of previous year. Also, the company has not paid any long-term incentives for the financial year 2016. This is causing issues related to the remuneration emerging in the banking corporation as about 16% per cent of investors have turned in giants of this decision. This is due to providing lower dividend to shareholders as compared to the previous year. The reduction on return to equity has mounted pressure on the Westpac banking corporation to continue providing increasing dividends to shareholders (Pash, 2016). These are som e the issues that are observed in the remuneration report of Westpac banking corporation. Thus, Westpac though abide by all the principle of conceptual framework of relevance, reliability, comparability and consistency by disclosing complete, error-free and materialistic information about the remuneration of key management personnel is facing some challenges in its remuneration policy. The remuneration report is also in accordance with the section 300A of the AASB standards that requires that a business entity is required to disclose all the important facts and figures related to the remuneration of directors and executives. The challenges existed in the remuneration policy such as investors protest should be addressed adequately by the banking corporation for maximizing shareholders value (Westpac Group Annual Report, 2016). The inventories are valued as per the AASB standard at their net realizable value (Compiled Accounting Standard AASB 108, 2014). However, Westpac being a banking corporation does not disclose information relating to its inventory valuation (Westpac Group Annual Report, 2016). Accounts Receivables The Westpac banking corporation has disclosed all the relevant information relating to the accounts receivables from other financial institutions. The receivables are recognized at their fair value and at amortized cost as per the effective interest rate method (Whittington, 2008). The receivables are recognized on the date of their settlement after cash is advanced to the borrowers (Westpac Group Annual Report, 2016). The financial assets and liabilities are recognized at their fair value in the income statement of the banking corporation. The baking corporation has also disclosed the accounting policy adopted for the valuation of each category of financial asset and liability adequately. The intangible assets of the banking corporation consists of core deposits, customer relationships, management contracts and distribution relationships that are recognized after the emergence of Westpac with the J O Hambro Capital Management and Lloyds Banking Group. The intangible assets are valued at their useful life and their amortized value is reflected as a cash earning adjustment as intangible assets are non-cash flow items. The contingent liabilities of the banking corporation include contingent tax risk and settlement risk. The banking corporation has also disclosed information relating to its operating leases that are presented in gross of the depreciation of the assets that are subjected to leases. As analyzed from the annual report, the Westpac banking corporation, there is no overstated revenues or understated expenses in the financial statements of the banking corporation. The bank effectively complies with all the principles of conceptual framework and AASB standards. The banking corporation has developed its Code of Conduct that is effectively followed by al the directors, executives, management and employees. Thus, the development of a strong corporate culture is responsible for the effective compliance of the bank with all the AASN accounting conventions (Westpac Group Annual Report, 2016). Inclusion of Prudence in the Conceptual Framework The concept of prudence in accounting refers to recording the income realized when it has actually occurred and only reporting an expense transaction when it is probable. Thus, as per the prudence concept a business entity should no overestimate its revenues or underestimate the exposes at the time of financial reporting. Thus, a business entity is required to prepare and disclose conservatively-stated financial statements. The principle of prudence was removed from the conceptual framework as it was found to be against the accrual basis of accounting. The principle of accrual in accounting refers that revenues and expenses should be reported as soon as they are incurred regardless of the actual cash transaction. Also, financial experts believe that the concept of prudence in accounting restricts business entities to create hidden reserves. This was the basis for removal of prudence concept from the conceptual framework (Whittington, 2008). However, the increasing incidents related to the occurrence of accounting scandals due to manipulation of accounts has caused the necessity of including prudence in the conceptual framework. The main benefit of including the concept of prudence again in the conceptual framework is restricts businesses to create hidden reserves and thus misrepresenting the financial statements for personal benefits. This will also help in overcoming the increasing cases of business scandal due to manipulation of accounts. However, the major criticisms as stated by financial experts through including the principle of prudence in the conceptual framework is that business entities are not able to develop hidden reserves that can be used at the time of any emergency situation (Malley, 2014). Conclusion The overall discussion in the report has inferred that business entities worldwide need to comply with the AASB standards and conceptual framework principles for ensuring their long-term growth and profitability. The Westpac banking corporation annual report analysis has stated that the reason for its sustainable growth and development is due to its adequate abiding by all the AASB standards and rules. The notes to the financial statements in the annual report of Westpac banking corporation has provided all the necessary information relating to the accounting policies adopted for developing its general purpose financial reports. The remuneration report of the banking corporation has, however, mentioned some challenges that need to be overcome by Westpac in order to promote stakeholder welfare and interests. The report has also inferred that the implementation of prudence principle is required in the conceptual framework for ensuring that businesses provide real and trustworthy inform ation to the end-users. This will ensure promotion of welfare of stakeholders and thus protecting them from any type of fraudulent activities. Recommendations On the basis of analysis of annual report of Westpac, it is recommended to the banking corporation that it should resolve the issues related to its remuneration policy. The lower dividend offered to the shareholders is causing the investors to lose their confidence to investors in the bank. The banking corporation has reduced the incentives and rewards offered to the executives and directors that are also negatively impacting their performance in promoting the sustainable development of the bank (Westpac Group Annual Report, 2016). Therefore, it s recommended to the banking corporation to adopt a sound remuneration policy that is linked with the share prices and not with the profitability of the bank thus maximizing shareholder returns. The incentives and base salary of the executive and directors should be in accordance with the share prices that will resolve the issues relating to investor protest on lowering the remuneration of executives and directors (CCH Australia Limited, 2009 ). References CCH Australia Limited. 2009. Australian Master Accountants Guide. CCH Australia Limited. Compiled Accounting Standard AASB 108. 2014. [Online]. Available at:https://www.aasb.gov.au/admin/file/content105/c9/AASB108_07-04_COMPdec09_01-11.pdf[Accessed on: 30 April 2017]. Hoffman, C.W. 2016.Revising the Conceptual Framework of the International Standards: IASB Proposals Met with Support and Skepticism.World Journal of Business and Management 2 (1), pp. 1-32. Malley, A. 2014.Opinion: Is prudence still a virtue?[Online]. 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