Colonization in China Essay - 1118 Words

From history, it can be known that China is a country which has been colonized by several nations such as Britain and Germany. Though there was a time with weakness and invasion of other countries, China recently became one of the countries that have the speediest development in the world. To achieve this is not an easy thing but how could China accomplish it? Except a great deal of effort made by Chinese people, this unbelievable rate of improvement in China may also have an indispensable relation with the colonization of some other countries. Consequently, I believe that the colonization of some foreign countries in China has a profound impact on the current development of China especially in economics, business and knowledge.†¦show more content†¦This beautiful scenery brings a large number of tourists, which promotes the tourism and economies in Qingdao enormously. Furthermore, China’s industry which has a crucial effect on economies was affected by coloniza tion as well. With the help and auspices of western countries, China constructed the Tangshan Coal Railway in 1881. Though the length of this railway is only about 9.7 kilometers, it was the prelude to China’s own railway. After the accomplishment of this railway, not only industry but also the economy of China is benefited a lot from it. The development of China’s businesses has a close connection with colonization of foreign countries. When China was under the government of the Qing dynasty, a policy was applied that China would not do business with any countries since the emperor thought China was strong enough and business with other countries was not needed. At that time, people believed that this policy could protect China’s local economies and businesses, but it was a serious mistake. After the invasion and colonization of countries like Britain and France, China started businesses with those foreign counties. In other words, it was colonization that forced China to begin business overseas again. If colonization had never happened in China that policy might still be working now. It is hard to imagine what China would look like nowadays, but one thing is sure, the business of China would not be asShow MoreRelatedThe Colonization Of China And Portugal1495 Words   |  6 Pagesto new, dramatic influences on eastern nations. The colonization of China and Portugal provides one example of this form of influence. Although trade routes to China had a slight impact on Portuguese culture bringing luxuries such as spices, the Portuguese dramatically altered Chinese culture through the establishment of trade routes to Asia and the colonization of the island of Macau. One example of the cultural mingle between Portugal and China is seen aspects of Macau’s government. Another exampleRead MoreBritish Colonization of Hong Kong Essay1075 Words   |  5 Pages(Szczepanski) This gave a start to the journey of the British Colonization of Hong Kong. The British officially colonized Hong Kong in 1841 and decolonized the peninsula in 1997, the British colonization benefitted Hong Kong by helping them escape from the two biggest disasters China experienced during that time. The Opium War was what really gave a start to British Hong Kong, and furthermore, the treaty of Nanking implemented the British colonization. The British could be considered as one of the firstsRead MoreSpielbergs Empire of the Sun882 Words   |  4 Pages Colonization has always been present throughout the ages, and has certainly psychologically impacted those of the colonized region. Cultural confusion caused by colonization has resulted in the bafflement and unsureness of their cultural and political viewpoints. In the film â€Å"Empire of the Sun†, we see Jamie Graham, being born in China and having no knowledge of his place of heritage, England, while admiring Japan, the country attacking his homeland, China, which is the result of having culturalRead MoreEssay on Why Did Japan Turn to Militarism?749 Words   |  3 Pagesfascist Italy practiced colonization by war against foreign countries such as France. The colonization had allowed access to the raw materials, militar y supplies, etc. Believing that oversea expansion and colonization are the only effective solutions to the economic problems, Japan followed German military model which was colonization. Therefore, the Asian mainland, particularly China and Korea, became Japan’s primary target for expansion. Japan’s victories in war against China called Sino-JapaneseRead MoreSpace Exploration1021 Words   |  5 Pagesneed to buckle up and build the technology which will help to solve problems that would arise to settle outside earth. The Obergs use comparative strategy that is to use the yardstick of the past to measure future to convince the reader that the colonization of space is possible, if problems such as, communication, cultural conflict and the rejection to space exploration is solved. The solutions to the problem are important for the journey to space, because they all have the potential to disrupt progressRead MoreThe Protest Of Hong Kong1630 Words   |  7 Pagesincapabil ity of bringing positive changes, political theories that are either too aggressive or too conservative, or not following his or her original mind, Leung is condemned only because of his awkward position as a leader who is elected and supported by China before the implementation of direct voting. Leung is always criticized for being too dependent on the Chinese government and thus undermining the practice of democracy in Hong Kong. This opposition, or even hate, toward Leung, reflects the same attitudeRead MoreThe Expansion Of A Nation State Beyond The World1389 Words   |  6 PagesAs Europe climbs into a semi-peaceful time, many powers look for a way to expand their names beyond their claimed territories. Splicing through the 1850’s and beyond European powers spread through Africa, Australia, China, America, Japan and anywhere they could find a resource to be exploited. Many great discoveries and advances appeared due to these colonization’s and expeditions, scien tifically and historically. Imperialism is the expansion of a nation state beyond their position, whether it beRead MoreThe Atlantic And East Asian Colonization1074 Words   |  5 PagesWhen you think about the resources and animals in our country do you realize that they are mostly not native to our country. If they re not native, where do they come from. The answer is the European colonization. We all know about Christopher Columbus and the Columbian exchange, the most infamous exploration of the world. But, we must dig deeper. It all first began in Portugal who wanted a quicker way to access East Asia by going around Africa, but who would know that this would change the worldRead MoreThe World Regional Geography Textbook1151 Words   |  5 Pagespolitical, economic, social, and cultural aspects of the world positively and negatively. Politically, globalization started mostly because of colonization which also helped shape the world today. The positive side of colonization is that many countries and regions of the world became very developed, including the USA, Europe, and parts of Asia. As colonization began in the 1490s and the early 1500s in the Americas, Great Britain, Spain, and Portugal quickly became core countries because of trade withRead MoreEffects of Industrialization and Imperialism Essay1567 Words   |  7 Pageslarger families. However, as industries struggled to keep up with demand, they looked for an alternative. Nations needed more materials in order to spit more products out of their factories. Countries looked toward weaker countries such as India, China, and Africa to meet their needs for raw materials as well as new markets. Here, desired natural resources (such as gold on the â€Å"Gold Coast† of Africa) seemed easy to obtain. But in order for these civilizations to do what they want ed, Europe had to

Drug Abuse Essay - 1523 Words

Drug Abuse Drug Abuse is generally defined as the use of a drug with such frequency that the user has physical or mental harm or it impairs social abilities. The substances that are discussed in this report are called psychoactive drugs; those drugs that influence or alter the workings of the mind, affect moods, emotions, feelings, and thinking processes. Drug Dependence/Addiction There are three basic characteristics that indicate that the user is dependent on a drug. First, the user continues to use the drug for an extended period of time. Second, the user finds it difficult to stop using the drug. They may drop out of school, steal, go to jail, lose their jobs, or leave their families in order to keep using.†¦show more content†¦Effects of Drugs There are four basic stages that the drug user goes through. In stage one, there are no outward behavioral changes caused by the use of drugs. The drug use is considered normal. In stage two, the user actively seeks the euphoric effects of the drug by using it more frequently. A reliable source of the drug is established. The user may add mid-week use rather than only on weekends or at parties. In younger users, a general lack of motivation is noticed, along with changes in friends and lower grades. In stage three, the user is extremely preoccupied with the desire to experience the effects of the drug. The drug is used daily. There may be thoughts of suicide and/or depression. There may be family problems or trouble with the law. In the fourth and final stage, the user has become addicted. They are dependent on the drug just to feel normal. Physical signs are frequent sore throats, coughing, fatigue, and weight loss. They may be experiencing overdosing and blackouts more frequently. The user may be engaging in criminal activities in order to obtain money for the drug. Alcohol One major drug that physically effects the user is alcohol. It causes damage to the brain, pancreas, and kidney. It also causes high blood pressure and may heighten the risk of heart attacks and strokes. Other consequences of alcohol abuse are possible alcoholic hepatitis, cirrhosis of theShow MoreRelatedDrug Of Drug And Drug Abuse1538 Words   |  7 PagesDrug Resistance Drug use has become an increasing problem among high schoolers and teenagers around the same age. Ever since the drug war of the 1900s, drugs have been a major problem in today’s society. â€Å"Use of drugs such as opium, morphine, and other byproducts were common in twentieth century America† (Dobkin, 1998). While most students in standard high school drug education know about the use of coca leaves in Coca-Cola and the opium trade in China, drug addiction during the century is muchRead MoreDrug Abuse1279 Words   |  6 PagesThe use of and abuse of illegal and prescription drugs are a health, social, and law enforcement problem that is affecting Americans across the country. Drug abuse is destroying the lives of many teens and adults and is also destroying families in the United States. The use of drugs is a major problem in the United States among all Americans, but drug addiction is the main cause for America s troubled teens today. Exactly what is a drug? A drug is any chemical that produces a therapeutic or non-therapeuticRead MoreDrug Abuse8640 Words   |  35 Pagesreport on ‘drug abuse’ has been made by our group to give an idea of the calamitous cause of using drugs in improper way. The report is intended to serve the purpose of providing the knowledge about drug abuse and to suggest ways to help limit drug abuse. An effort has been made on our part to include certain symptoms which indicate drug abuse. Also throughout the report, repetitive use of the drug abuse’ has been made to instate into the minds of the reader the cause of using drug abuse in an illicitRead MoreDrug Abuse And Addiction : Drugs977 Words   |  4 PagesDrug abuse/addiction Jeremy Graham May 11, 2015 Period, 5 Drug abuse and addiction Drug abuse/addiction is a major problem in Indiana that affects many individual. Several solutions such as rehab and drug classes have been tried. Yet, the best solution is taking drug classes. Many people do not understand why people become addicted to drugs or how drugs change the brain to foster compulsive drug abuse. They mistakenly view drug abuse and addiction as strictly a socialRead MoreDrug Abuse2895 Words   |  12 PagesDay against Drug Abuse and Illicit Trafficking every year. It is an exercise undertaken by the world community to sensitize the people in general and the youth in particular, to the menace of drugs. The picture is grim if the world statistics on the drugs scenario is taken into account. With a turnover of around $500 billions, it is the third largest business in the world, next to petroleum and arms trade. About 190 million people all over the world consume one drug or the other. Drug addiction causesRead MoreDrug Abuse and Prevention1510 Words   |  7 Pagesidea of prevention is to limit the availability of drugs (Hart Ksir, 2011, p. 400), but this is not essentially the best way. Addiction affects everyone. According to the National Inst itute on Drug Abuse (NIDA), substance abuse cost our nation â€Å"more than $484 billion dollars (The National Institute on Drug Abuse ).† So although you might not be directly impacted by drug abuse, as a whole your tax dollars are spent on fighting the war on drugs. Currently there are several different types of substanceRead MoreDrug Abuse On The Workplace Essay1704 Words   |  7 PagesDrug Abuse in the Workplace: The human resource topic I chose to write my research paper on is â€Å"Drug Abuse in the Workplace†. Drug abuse in the workplace is something very common that many of us will encounter at some point. Alcohol and drug abuse has a major effect on employee absence and lost productively that leaves a negative working environment. It is important a company addresses the right guidelines to keep a drug free workplace. Establishing a clear and fair substanceRead MoreDrug Abuse And Substance Abuse1658 Words   |  7 PagesThe National Institute on Drug Abuse (NIDA) defines drug abuse as, â€Å" It becomes drug abuse when people use illegal drugs or use legal drugs inappropriately.† This may include; the repeated uses of drugs to produce pleasure, alleviates stress, and/or alters or avoids reality. The perception of addiction and substance abuse has been widely known for many years, but the medical community has failed to accept and publicly this issue among it own members . Drug abuse by nurses is prevalent in today societyRead MoreInjectable Drug Abuse1488 Words   |  6 PagesMEMORANDUM INJECTABLE DRUG ABUSE: GROWING CHALLENGE IN NORTH-EASTERN PART OF INDIA FROM: AE28697 TO: Ministry of development of north east affairs, India RE: Scenario C-Health and harm reduction DATE: 19 October 2013 Introduction North-east (NE) India is connected to remaining part of India through a constricted passage known as Siliguri Corridor squeezed between Nepal and Bangladesh (Hussain, 2011). It comprises of seven sister states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, NagalandRead MorePrescription Drug Abuse And Prescription Drugs1487 Words   |  6 PagesPrescription Drug Abuse Prescription Drug Abuse has increased in an alarming rate over recent years! Prescription drug related deaths now outnumber those from heroin and cocaine combined. The abuse in prescription drugs in America goes back more than a hundred years ago. Prescription drug abuse is the use of a medication without a prescription, in a way other than prescribed, or for the experience or feelings elicited. Although prescription medications are intended to help individuals, they can

Low-Cost School Programme Free Essays

It is well known that juvenile delinquency has been shown to inequitable affect youths from various segments of the population based on their socioeconomic status. Brensilber, Bergin, Krasco and Phillips (2000) explain the correlation between low socioeconomic status and juvenile delinquency by pointing out that the communities from which these youths come are faced with severe economic and social difficulties which further put them at risk for other dangers. Similarly there also seem to be factors in the school and home that further increase the risks of delinquency among these students. We will write a custom essay sample on Low-Cost School Programme or any similar topic only for you Order Now Considering that juveniles in low-income areas have limited access to resources, a low-cost school program is an effective strategy to deal with juvenile delinquency. The purpose of such a program would be first and foremost to impact the youth’s educational environment in which they may spend a significant proportion of their time daily. Such programs would also have a greater reach in terms of numbers of youths that would be affected. Feature Article  Country School  Allen Curnow Such a program also aims to tackle early and persistent antisocial behavior (Forster Rehner, 2003, p. 109) before they become too problematic to counter at the school level and before these youths end up at the wrong end of the juvenile justice system. Such a program would also seek to reduce the impact that youths with troubling behavior have in their community by empowering youths to make safe choices and instilling in them the moral austerity to follow good role modes. The program would also seek to promote social justice and equality within the community. This involves teaching youths about their social responsibility and the consequences of their behavior choices. It would also help them to aspire for upward mobility despite the prospects that their community environment would present. References Forster, M. Rehner, T. (2003). Delinquency prevention as empowerment practice: A community-based social work approach. Race, Gender Class, 10(2), 109-120. Brensilber, D., Bergin, P., Krasco, K., Phillips, S. (2000, June). Title V Delinquency Prevention: Program Years 1997-1999. Massachussetts: Massachusetts Statistical Analysis Center. How to cite Low-Cost School Programme, Essay examples

aids/hiv Essay Example For Students

aids/hiv Essay In 1981, the first cases of severe immune system deterioration were recognized developed unusual infections. The new disease was later named AIDS. At that time, no one knew what was causing the disease. Since then, science has shown that the Human Immunodeficiency Virus (HIV) is the cause of AIDS. As HIV infection progresses, it weakens a persons ability to fight off diseases. By attacking the immune system, the virus leaves people more susceptible to other diseases. When a person with HIV contracts one of several additional diseases, or when a persons immune system shows serious deterioration, that person is classified as having AIDS. As of June 1994 over 550,000 Americans had AIDS. I have updated numbers. Globally, 37.8 million adults and children were living with HIV/AIDS at the end of 2003. More than 95% were living in low- and middle-income countries. In 2003, 4.8 million people were newly infected with HIV, and there were 2.9 million adult and child deaths due to HIV/AIDS. Almost 50% of newly infected adults were women. Since the beginning of the epidemic, there have been more than 20 million AIDS deaths. HIV is transmitted during sex, through significant and direct contact with infected blood (including menstrual blood), from mother to baby, Breast milk, Semen and possibly pre-seminal fluid (pre-cum), Vaginal secretions. In order for HIV to be transmitted HIV must be present. HIV must get inside the body. The sexual behaviors that can transmit HIV. Vaginal sex (penis in the vagina), Anal sex (penis in the anus) involving either men or women and Oral sex (mouth on the penis or vagina). Other ways that HIV can be transmitted Sharing needles when shooting drugs Home tattooing and body piercing Accidental needle sticks Blood transfusions Childbirth Breast-feeding. It is important to know, Most people with HIV infection do not look sick. It is important to remember that HIV is NOT transmitted through Saliva, tears, sweat, feces, or urine Hugging Kissing Massage Shaking hands Insect bites Living in the same house with someone who has HIV Sharing showers or toilets with someone with HIV Some behavior is more risky than others. It is important to recognize that risk factors are not the direct cause of disease. HIV affects people at every point on the risk spectrum and many people who are most at risk for HIV infection never become infected. Understanding HIV risk factors can help you better evaluate your own risk. Some of the most common behavioral risk factors include: High Risk Having unprotected anal or vaginal sex with an HIV-infected person or with a person whose HIV status is unknown Having multiple sexual partners Having sex with sex workers Having sex with IV drug users Sharing syringes or needles Using nonsterile needles for piercing or tattooing Low Risk Having vaginal or anal sex with a condom Oral sex Other factors that may put one at risk for HIV infection include Another sexually transmitted disease (STD) such as herpes, chlamydia, gonorrhea, trichomoniasis, or hepatitis Having been the victim of sexual assault Having sex while under the influence of drugs or alcohol Having a mother who had HIV when you were born Protecting yourself against HIV is about knowledge. Understanding how you get (and avoid getting) HIV, and knowing yourself and your partner (or partners), are key to protecting yourself against HIV. Many people who know better engage in risky activities. The reasons for this are numerous and normal: you could be afraid to insist that your partner use a condom; you could make false assumptions about partners (they seem too young, old, healthy-looking, or nice to be HIV positive); you might be a drinker or recreational drug user who does things while under the influence that you wouldnt otherwise consider. The hardest part of protecting yourself can be learning how to apply what you know to your life and behavior. Be safe and smart with your decisions. Reduce your risk for HIV by avoiding activities that put you at risk and only practicing safer sex. Island of dr. Mireau Essay .

Business Strategies Essays - Marketing, Business, Advertising

Business Strategies In chapter seventeen several topics for debate are presented about managing global operations. For many global organizations, or organizations that produce or sells goods or services in more than one country, a difficult question is how to develop and place managers in foreign operations. Some people believe organizations should let foreign managers run foreign subsidiaries because of the large differences among national cultures while others believe that domestic managers should be trained to run foreign subsidiaries because of loyalty issues. Nation culture is the particular set of economic, political, and social values that exist in a particular nation. This culture effects all aspects of global organizations operations. Foreign exchange rates, banking and accounting laws, and tax codes can all affect the profitability of foreign subsidiaries. These rules and regulations vary from country to county. The way Japan accounts for good will varies dramatically from the way the United Sates regulatory agency demands it be recorded. In some countries politics play a larger role than others. In smaller less industrialized countries it may be necessary to support specific political candidates in order to be able to establish a profitable business. To do business in a country like Iraq you would probably have to make a large donation to the Hussein family, however in England you dont have to support the Royal Family to operate an organization. In addition to economic and political problems a more fundamental problem appears. Socia l values have a dramatic affect on how products and services are perceived and how effective advertising can be. An advertising campaign with women in bikinis promoting Budweiser products may be highly effective in a small collage town in the United States, but in Saudi Arabia it would probably offend a number of people, because of the local customs. Having a local foreign manager can aid in the efficiency of foreign operations because of their better understanding of local laws and regulations, lobbying systems and societal norms. Placing a local manager in head of foreign operations can also lead to insecurities about loyalty. It becomes easier for subsidiaries to be overtaken and spun off if the local management has little ties to the central organization. Training and placing loyal domestic managers in foreign operations can be on way of countering this potential problem. Some companies have successfully employed this type of global strategy with success but training mangers in local customs and laws can be timely and costly. Although in the future the world may merge customs, languages and currencies, in todays world there is a vast difference between national cultures. An effective way to operate a foreign organization is to have a manager that has previously lived, been educated and has operated in that particular nation. Loyalty to any one organization is based on other things besides just nationality. So training and placing a domestic manager in a foreign division may not be the best choice for the organization. By placing the most trained and qualified people, regardless of race, religion, sex, or nationality, to do the best job in each part of an organization is the most effective way to do business. And who more qualified than those who know first hand what the national culture is. Business

Paul Quinn College

Paul Quinn College Classification of Paul Quinn CollegeAdvertising We will write a custom research paper sample on Paul Quinn College specifically for you for only $16.05 $11/page Learn More Paul Quinn College is a privately run, four-year, faith-based liberal arts college (Paul Quinn College n.p.). College Affiliate Paul Quinn College is affiliated with the African Methodist Episcopal Church (Paul Quinn College n.p.). Year of College Foundation College was founded in Austin, Texas, on April 4, 1872 (Paul Quinn College n.p.). HistoryAdvertising Looking for research paper on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More This college was founded as Historically Black College, but now people of all races, sex, ethical identity, sexual orientation, etc. are accepted. The college was founded with the purpose to teach freed slaves and their children. Different kinds of workmanship were the main directions of college edu cation. The college increased its specialization when Bishop William Paul Quinn run it. First of all, the land of the college property expanded. Second, the number of taught subjects increased as well. It should be mentioned that being called a Historically Black College, it changed its name to Paul Quinn College as the gratitude for the contribution of Bishop Quinn. $100,000 were raised for a new women’s dormitory in 1954. 1962 was a year of considerable changes, the official act was adopted. The main idea of that act was to allow electing trustees with referring neither to race nor to creed (Paul Quinn College n.p.). Nowadays, the college pursues a purpose to give students top quality faith-based education. The college addresses academic students’ development trying to cultivate in them the basics of social and Christian norms. Founder African Methodist Episcopal Church is considered to be a founder of the college (Paul Quinn College n.p.). Present and Past President s During the whole history of college existence, there were many presidents who contributed to educational establishment development. Some of them were elected for several times. It should be noted that each of the presidents was a notable person in the life of the whole college. Here is a list of the presidents who took part in college development during different years, Bishop Brown (1872-1876), Bishop Cain (1876-1880), Keiling (1880-1883), Burgan (1883-1891 and 1911-1914), Banks (1891-1892 and 1926-1928), Laws (1904-1908), Butler (1908-1911), J. K. Williams (1914-1924), J. F. Williams (1924-1926), Dean Mohr (1928-1932), Jackson (1932-1939), Yancy II (1939-1942), Davis (1942-1943), Singleton (1943-1946), Aycock (1946-1951), Green, Jr. (1951-1953), Veal (1953-1956), Adams (1956-1962), McCloney (1962-1969 and 1981-1982), Rutland (1969-1976), Manning (1976-1978), Watley (1979-1981), Handy (1982-1984), Morgan (1984-1992), Powers (1992), Monroe (1992-2001), Fennell (2002-2005), Waddell (2006-2007). Sorrell entered upon his duties in 2007 and he continues to perform them up to present time (Paul Quinn College n.p.).Advertising We will write a custom research paper sample on Paul Quinn College specifically for you for only $16.05 $11/page Learn More Present Enrollment Considering modern affiliations of Paul Quinn College, it should be stated that apart from African Methodist Episcopal Church it is an affiliation of Educational Testing Services and College Board. As it has already been mentioned, Paul Quinn College enrolls all students who want and who meet the following criteria, the possessions of the diploma of a high school with no less average grade point 2.5, satisfactory ACT or SAT scores are obligatory as well. One recommendation letter and a What College Means To Me essay in combination with burning desire to achieve success are the final obligatory requirements for entering this college. The Role of Women in Past or Present Admini strations The role of women in present college administration is higher than it was in the past. Having considered the names of the college presidents, the tendency may be noticed that only men were allowed to this position. However, present administration includes several women. Thus, it is possible to state that the role of women in administration is high. Performing their responsibilities, these women show that there is no prejudiced attitude in the relation to the sex of those who want to enter this educational establishment and apply on some specific positions during their college life and maybe even after college graduation. It should be remembered that women were not perceived seriously in the past. Being founded in 1872 Paul Quinn College pursued the same ideas as other colleges in the relation to females. However, both men and women were allowed for entering this college (Pinkney 36).Advertising Looking for research paper on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Noted Graduates of the Paul Quinn College There are several graduates which can be enumerated in this part, such as Dick Campbell, Christopher Saunders, Mims Hackett, Taurian Fontenette and Hiawatha Williams. There are even more of them, however, these can be considered as people who became known all over the USA. Dick Campbell was a famous person in the world of theater. His contribution is considered as the attempt to develop black theater during the period of Harlem Renaissance (Wilson 208). Christopher Saunders is notable for being a sport broadcaster for the national radio (â€Å"QA With Paul Quinn Alumnus† n.p.). Mims Hackett, an American Democratic Party politician, is one more notable person who has graduated from Paul Quinn College. However, looking at the latest information which has appeared in press, there is nothing notable in this person. He was accused for corruption and arrested in 2007 (McFadden and Chen 2). Taurian Fontenette is included in a list of Top 25 Dunkers on the Planet (Burton 1). Campus Buildings, Organizations, or Events that Make Reference to Slavery, African Americans in History and African Americans in the United States Being created as the educational establishment for freed slaves, this education establishment will always have an imprint of its past. Dallas is a historic campus of Paul Quinn college which reminds about the main idea of college creation (Paul Quinn College n.p.). Even though the college area expended and more new buildings have been created, the memory of all the students who attend it and who have graduated from it will be returned to those times when freed slaves were not allowed to study at one and the same educational establishment with white population of the USA (Pinkney 97). There are three buildings in the college, the John Hurst Adams Administrative Building gathers offices and classrooms. Joseph J. Rhoads Education Building and White Science and Mathematics Building are two facilities where st udents’ classrooms are located. This occurred in about 1960’s. Much attention to campus distribution was paid by Bishop Quinn in 1880’s and the Waco Chamber of Commerce in 1950’s (Paul Quinn College n.p.). Thus, it may be concluded that Paul Quinn College has a long and varied history. Having come the way from an educational establishment for freed slaves to the contemporary college which teaches students Christianity and gives them knowledge is many specific disciplines, it has managed to graduate many notable people. Burton, Austin. â€Å"Top 25 Dunkers on the Planet, Pt. 4.† NBA 26 October 2010: 1. Print. McFadden, Robert D. and David W. Chen. â€Å"Lawmakers accused in bribery sting poised to quit.† The New York Times 9 September 2007: 2. Print. Paul Quinn College. About PQC, 2011. Web. Pinkney, Alphonso. Black Americans. New Jersey: Prentice Hall, 2000. Print. â€Å"QA With Paul Quinn Alumnus, Sports Journalist Christopher Saunders.â €  HBCU Digest 23 September 2010: n.p. Print. Wilson, Melinda D. Dick Campbell. Encyclopedia of the Harlem Renaissance. Eds. Cary D. Wintz, and Paul Finkelman. New York: Routledge, 2004. 208–209. Print

Fair Value Accounting Essay Example | Topics and Well Written Essays - 4250 words

Fair Value Accounting - Essay Example Since then, the pros and cons of fair value accounting have been debated. On one hand, fair values provide a better view of current market conditions and therefore provide him with more relevant information. However, on the other hand it increases volatility in earnings and may not necessarily ensure reliability and relevance. This is because if an active market does not exist, it would be determined by calculations which are subject to management bias. While some people argue that fair value accounting provides us with truer financial statements, others question its validity. Hence, those institutions that use more and more of fair value option should also disclose adequate information regarding the assumptions, changes in acquisitions or sales, predictions and all those factors that affected the values that show in the financial statements as fair values. This would enable the users of financial statements to make knowledgeable and wise decisions. Fair value accounting is a way of accounting in which an asset or liability is valued at its current exchange price at a measurement date, in absence of an actual transaction for that asset or liability. In financial statements, all financial instruments may be valued at fair value. Before 200... The statement defines fair value of an asset as the price at which it can be traded or sold in an orderly transaction between 'market participants', other than in insolvency. Similarly, fair value of a liability is the amount at which it can be acquired or settled in an existing transaction between 'market participants', other than in insolvency. (KPMG, 2007) Market participants refer to buyers and sellers in the most principal or beneficial markets for those assets or liabilities. They meet four criteria: they are unrelated with the reporting body; they possess the knowledge required to have a realistic insight into the transactions; they are financially and legally able to carryout transactions for the entity; they are prepared to transact without any pressure. (KPMG, 2007) Principal market is the market with maximum volume and level of activity where assets and liabilities are sold or traded by a reporting entity. An entity that does not have a principal market determines its most beneficial market by including the transaction costs. (KPMG, 2007) Explanation Fair value of an asset may be equal to its quoted market price. However, this may not always be true. Fair value takes into account advantages and disadvantages that each party may gain from the transaction whereas market value may not always consider that. Also there might not be a quoted price for all assets or liabilities. In such circumstances, fair value has to be generated using the best information available to the preparers. Consequently, difficulties arise in creating those estimates. (KPMG, 2007) In accounting, fair value is used for those assets or liabilities whose carrying value is rooted in mark-to-market value. Carrying value is the amount