Lesson 11 - Course Project 1 Essay Example | Topics and Well Written Essays - 1000 words

Lesson 11 - Course Project 1 - Essay Example Atkins and Granger make liberal use of this budget-making technique when making sales and expense projections. Budgetary slacks alleviate the effects of deviations if they occur. A more shifty use of the technique is to make it easier for managers to achieve targets, especially where sales performance results in bonuses and appraisals (Stevens 1). Budgetary slacks in sales and expenditure projections can adversely affect the staff the projections relate. In the case of Atkins and Granger, altered projections can result in less motivation to achieve more in their areas of responsibility as they can alter the figures to give the impression that they are performing beyond the projections. On another note, if the two staff can alter the financial figures at will, then there is serious risk of the pair falsifying account figures to serve selfish interests (Stevens 1). The Institute of Management Accountants (IMA) requires its members behave ethically, and in ways that are responsible, honest, fair, and objective (IMA 1). IMA categorically opposes the use of confidential information for unethical and illegal motives. Overall, management accountants should cultivate restraint in situations that pose conflicting interests. IMA also requires that management accountants evade activities such as the budgetary slack that may jeopardize efficient execution of some activities. A budgetary slack presents amble opportunities for information asymmetry (Stevens 1). For instance, Granger cannot tell with certainty the actual sales figures because Atkins changes them before handing them over. On credibility, the IMA expects that management accountants disclose all relevant information that may influence the understanding, and use of the information (IMA 2). Modification of sales figures by Atkins adversely affects the ability by Granger to predict closing inventory levels, which is clearly unethical. In addition, Atkins

Reflection about a Book A Tale of Two Indians Essay

Reflection about a Book A Tale of Two Indians - Essay Example Having been born in India, he underwent different cultural experiences during his childhood that saw him through to his campus life. This section brings to the attention of the reader the rich family backgrounds of the author. After departing India when he was still young, his parents moved to England where he spent most of his childhood years. He undertook the British educational system in elementary education. After a pronounced stay in the United Kingdom, his family then moved again into the United States. Here is where his teenage life began. During his high school education coupled with college and university life, he underwent harsh realities in new environments. Consequently, he was caught up in great confusion, dilemma and inability to make further progress. This section, however, presents the challenges that face many people in life. Some of them become unwilling to continue with life while others, like the author continue to find the slightest implication of solution to con tinue surviving. On the same note, Patel continues to narrate on how the realities were difficult when a new education system does not provide the appropriate channel for success in educational life. Great confusions in addition to hardships in campus make it a great trial in life. After he was expelled from Duke University for cheating, he underwent desperation and, thus, almost succumbed to suicidal thoughts. At the moments of near-death, he recalled a small village in India where he used to make frequent visits as a child during his stay in India. He sought for a reconnection to the past. When he makes the visit to his country of origin, some big differences that include demographical, economical, social and political emerge. These events bring in a contrast of two generations separated miles apart and with different reaction tendencies. His worst scenarios involve his university education where he was considered unfit for long-term stay after allegations of exhibition of dishone sty in his studies. Although he remarkably instills that the American perception of immigrant Americans was not welcoming, his life in America was also not appealing. This view is, however, not reflective of conventional perception of American citizens. This, therefore, becomes a line of defense for his challenged life. Events that lead to a recall of the past. The author chronologically narrates about the events that lead the main character to make a decision to visit his ancestral home. After Patel faced so many challenges in his life (since this book is taken as a recount of the past) some of which he could not handle, depression crept in. Among the challenges included his expulsion from Duke University and continual solitude that resulted to reduced levels of motivation. After continual stress and depression, he experienced trivial life challenges that led him to a land of the lost. He became indulging and sunk into substance abuse. His decision to engage in drugs and alcoholism did not seem to make any situation better. Instead, things continued to worsen. After several failed attempts, his final thoughts of committing suicide almost convinced him to take his own life. Just before committing suicide, he recalled one of his close relatives back in India who as he remembers was tough and faced reality with stiffness. Memories convinced him that perhaps sharing a word with this old man would lead to better