Statements of cash flows Research Paper Example | Topics and Well Written Essays - 1750 words

Statements of cash flows - Research Paper Example This explains why bank overdrafts are not part of financing activities. Additionally, the information presented on cash flow of IFRS is quick and easy to flow. Each entity is supposed to present cash flow statement in such a way that it gives an appropriate reporting of financing activities, investing, and operating. For instance, during the investing activities, it is expected that the firm acquires and uses the long term assets and other activities in the investment process that are not equivalent to cash flow. Additionally, it outlines investment activities as clearly cut and some of the examples of the investment activities undertaken during this time include paying cash to get the service or good to be used in the long-term service. The good or services involved in this case are the long term and intangible assets. Hence they break down into materials used during self construction, to acquire plant or machinery (Stephen & Norbert). Moreover, cash receipts received after selling an acquired asset should be part of investment activities. It generally involves the sale of a plant, property and equipment. Another thing considered is debt instrument or rather sales equity of entities and the interests acquired through the joint ventures. However, receipts from those entities that are classified as cash equivalent especially if they are held for trading and should be omitted. Furthermore, the advances of loans and cash from other parties are classified in this section together with their cash receipt repayment which includes loans to other parties involved ( AICPA). Other investment activities classifications includes cash gotten from securities like forward, option, future or swap contracts and they should appear on the cash flow statements. It only excludes these securities when the accounts are held for dealing and as a result, the payments are classified in part of financial undertakings. Noting here that, the account may be accounted as a hedge it is theref ore classified in this section of the cash flow. In the operation activities just like in IFRS cash flow method, are various methods that are described as the principal revenue producing operation. Therefore, a cash flow from the operation activities may result after transactions or other conditions bring in ways of profit determination or losses determination. Example of these operation activities are cash gotten from the sale of good or after the firm has rendered some services. It includes the cash received from loyalties, commission, fee and other revenues. Besides, it shows payment of cash on behalf of or to the employee. Also, it include activities like refunding of taxes or any other cash payments made by the company unless they are stated to specifically associate with the other cash flow activities. Actually, it is supposed to include cash received, all payments gotten from an investment, loan among other money contracts held during trading purposes and they are classified as inventory specifically acquired for resale (Stephen & Norbert). It is therefore evident that just like in IFRS, when accounting one should show some transaction under operation activities, which includes the firm selling machinery and this result to the firm gaining or loosing. Therefore, cash flows experienced from these transactions are classified to being from

Elementary Education Major Research Paper Example | Topics and Well Written Essays - 1250 words

Elementary Education Major - Research Paper Example In this paper, I want to explain why I regard this course to be among the best courses given in our universities, its benefits, and some of the challenges that one can encounter as a profession. I am planning to bring-out my original assumptions, my findings from research and my final discoveries. What I Know, Assume or Imagine What I know is that several universities and constituent colleges distributed throughout this country offer this course. However, each university has specific qualifications requirements for admission in this course. The course takes four years when studied on full time bases. I am aware that the course involves assessments that vary depending with the intended purpose. For somebody to graduate, it is mandatory that the person must have passed all the assessments. My assumptions are that University of Florida is the best in offering this course and that it is among the ones that admit most students on the course. Another assumption that I have is that after th e four years of study and successful assessments I will come out of this university a fully qualified and competent elementary school teacher. I also have an assumption that I will be able to obtain a job soon after graduation. In addition, I have the assumption that that the course might be involving but not that much challenging and that I have full ability to handle it. What I imagine is how the teaching process and assessment process will be looking like. I imagine an assessment like being told to teach an elementary class while you are being assessed by a tutor or a supervisor. I also imagine what the course content might be. My imagination is that it will contain some course units teaching about learning behaviors and effective running styles. In this imagination, I suppose that it will criticize cramming and emphasize on understanding among students. Most of these imaginations, that I am not sure of them, might be true or false and might exist or not exist. The search One maj or component found in elementary education major course is field experience (Freshman Academic Advisory Services 3). Thus as an education major I should expect to find various fieldwork tasks throughout my training period. In most cases, supervisors or tutors will offer guidance and coaching on how those fieldwork activities should be effectively undertaken. Such activities could be both challenging and enjoyable depending on personal traits and characteristics. According to Harmon and Jones (20), the focus of education has changed from schooling as a preparation for participation in society to schooling as a vehicle to social change. Therefore, education professionals are required to develop not only the teaching skills but also interactive skills necessary for generating social change among students. As an education profession in the making, I am prepared to develop and nurture those skills that will make me a better elementary schools educator by the end of my training. The eleme ntary education should recover the characteristic compassion of children, which requires nurturing and protection from corruptive social forces (Letts and Sears 28). As an elementary school educator, I realize that I will be the one expected to play the key role in recovering this characteristic compassion of children among my students. I should thus ensure that I gain the required skills and tactics required to