Accounting Theory Essay Example | Topics and Well Written Essays - 2250 words

Accounting Theory - Essay Example The accounting theory that would be relevant in relation to this article would be the implementation of accounting application that the company might use so as to revive from the crisis. In other words, it can be said that the positive accounting theory would relate well to this article. Another issue in reference to accounting theory that would also be relevant is the stakeholder theory. Both these theories would assist in focusing on the problem of the company and facilitate to develop measures that would help the company recover from the current crisis.According to Freeman & Et. Al. (2010), stakeholders tend to manipulate the disclosure of a company’s financial information to a significant extent. It was also claimed that the theory of stakeholders influenced the moment with regard to the declarations pertaining to the earnings. Evidence was found regarding the matter that managers try and manipulate the insights of their particular shareholders pertaining to the performanc e of the firm. Thus, it can be said that a company should implement and alter this theory in a way which would help the company to determine a decision regarding â€Å"creative accounting† without being manipulated. In this case, the Suncorp Company underwent a dip in its annual profits but it still maintained to hit a high of four-week in its share prices. It was fundamental because the company maintained a fair practice regarding its management operations and in disclosing its financial information.... Thus, it can be said that a company should implement and alter this theory in a way which would help the company to determine a decision regarding â€Å"creative accounting† without being manipulated (Freeman & Et. Al., 2010). In this case, the Suncorp Company underwent a dip in its annual profits but it still maintained to hit a high of four-week in its share prices. It was fundamentally because the company maintained a fair practice regarding its management operations and in disclosing its financial information. However, it was studied that reporting was not the sole phenomenon in accounting related to stakeholder manipulation. Stakeholder groups even strongly manipulated the standards that were to be laid down in respect to international accounting. It was also said that though the groups did not enjoy complete authority in ascertaining the standards but few stakeholders yet displayed a higher degree of manipulating capability (Freeman & Et. Al., 2010). In case of positive theory of accounting, justification is given regarding the operations of the business with no recommendations as to how the operations need to be (Schroeder & Et. Al., 2010). Positive accounting theory establishes the opportunistic way in which a business operates so as to increase the wealth of the individuals concerned with the business. This theory assists in adopting the accounting procedures. Positive accounting theory is known to forecast that organizations require look for methods that would help to support the owners’ interest with the managers’ interest of a specific organization. This would require the preparation of proper financial statements as well as monitor and audit them. Thus, positive accounting theory would facilitate in identifying the proper accounting

Write about the formalism(Texture,symbol,images), psychoanalistic and Research Paper

Write about the formalism(Texture,symbol,images), psychoanalistic and modern criticism in Gustave Flaubert's Madame Bovary. Also Talk about the color Blue in the Novel - Research Paper Example In addition, it offers a standard against which to compare the works and writers that have followed it. It is impossible to understand or appreciate modern European and American fiction without an acquaintance with Madame Bovary. This paper seeks to give a detailed account of the various aspects of literature that are at play in the novel. Gustave Flaubert begins her famous novel; Madame Bovary by highlighting the life of Charles Bovary from his early life as a boy who as unable to fir in his new school and as results became the center of ridicule from his classmates. His entire life is marked by dullness and mediocrity that is evident by how he conducts himself before other people. His failure in the medical school leads into him becoming a second-rate doctor in the country. He is married off to a widow by his mother and the marriage does not last for a long time as the widow dies after a short duration. Charles who expected to gain a lot of wealth after the marriage is left with almost nothing and he becomes poorer than before (Rozen, 101). The life of Charles soon takes another turn when he falls in love with Emma who is a daughter to one of his patients and they get married. Emma’s romantic expectations are not met in the marriage. She had spent a better part of her life in the convent and developed an inner belief that marriage was going to be the end of all her troubles. He dream for a sophisticated kind of a lifestyle was borne on the day she attended a very extravagant ball at the home of a noble wealthy man. The village life that she now has to put up with does not match up to her expectations and she gets bored and depressed. She falls ill and after conceiving, they move to another town with the hope that she will get better. In the new town, they meet different people who begin to shape and transform their lives. Emma continues to be despondent after giving birth because she failed to