Enron Financial Statement Case Essay

Bookkeeping is about money related data â€capturing it, recording it, designing it, breaking down it, and revealing it to people who use it. The fiscal summaries : The last result of monetary bookkeeping is as budget summaries that are bundled with other data in a budgetary report. †¢Financial proclamations are set up toward the finish of each bookkeeping period. A period perhaps one month, one quarter, or one year. †¢Financial proclamations report synopsis sums, or sums. There are three fundamental budget reports: â€The monetary record: containing Assets and wellspring of Assets at a particular date â€The pay explanation speaking to : is the immeasurably significant fiscal summary that sums up the benefit making exercises of a business over some undefined time frame. â€The Cash stream articulation: presents an outline of the business’s sources and employments of money during the salary explanation period. Monetary Report : Money related Report Form: Financial Report must be set up as per the Standards of GAAP : sound accounting standards for setting up the fiscal reports, these principles grant elective bookkeeping techniques for certain exchanges. Moreover, bookkeepers need to decipher the guidelines as they apply GAAP in genuine circumstances. The unseen details are the main problem. The fact is that deciphering GAAP isn't straightforward. Many bookkeeping norms leave a great deal of squirm space for understanding. Concluding how to represent certain exchanges and circumstances requires prepared judgment and cautious investigation of the principles. Besides, numerous appraisals must be made. Money related Report fundamental parts: The three fundamental fiscal reports: salary proclamation, monetary record, and explanation of incomes. An announcement of changes in owners’ value (if necessary). Divulgences: fundamentally containing Footnotes: and the most significant reference is the one which distinguish the significant bookkeeping arrangements and techniques that the business utilizes and supporting any adjustment in the strategy utilized. Autonomous auditor’s report: must be finished by free (from the firm) authorized evaluator and give the business a physician's approval, or that the report is deceiving and ought not be depended upon. This negative, objecting review report is called an unfriendly conclusion.

Food Processing Technology and Methods for Cereal

Food Processing Technology and Methods for Cereal The vast majority of the standards of making breakfast oats are like all items. Trix grain is made with corn. The way toward changing over corn into the flavorful item numerous youngsters just as grown-ups will be examined in this area. The corn from the field is dried processed, filtered and cleaned to isolate the germ from the wheat, oils and garbage gathered from the field and the processing procedure. The objective of this partition is to get to the endosperm where the majority of the starch that will be utilized for creation is found. Most grains delivered are created as drops. Before chipping the corn meal are prepared and blended in with sugar, malt syrup, proteins, and salt into a lot of water to make what is called cooking alcohol. This cooking alcohol gives the Milliard response that happens during cooking and is the thing that gives the vast majority of the flavor to the chips or on account of Trix, corn puffs. This blend is stacked into a barrel shaped mechanical steam pressure cooker for around two hours at a 15-18 psig steam pressure (Smith Hui, 2004). On account of Trix the cooking procedure is finished by puffing. Puffing is done either through high temperature stoves, weapons or expulsion. The utilization of any of these three strategies is to uncover the damp grain to high temperatures where its dampness will be changed over to steam. The steam discharged by the grain grows and puffs the portion. Before putting the corn meal into any of these three strategies, the grains are delumped in knot breaking machines which fuse enormous volumes of air. The air provided through the machine assists with the cooling of the item. The cooling of the coarseness in the protuberance breaking machine assists with the underlying drying venture of the way toward preparing to eat oat. Corn meal for the most part have a dampness substance of 28-34% (Smith Hui, 2004) are dried to around 14-17% using constrained air dryers at a temperature of 250 °F (Smith Hui, 2004). When the grains have experienced this underlying drying, the grains are controlled cooled to 100 °F to forestall solidifying of the grain and to permit the grain to come back to encompassing temperature. (Smith Hui, 2004). When the grain is dried to the dampness levels wanted, the grain is tempered. Treating of the corn meal takes around 2-3hours, decreases the obscuring the item that happens during Milliard responses, and permit the coarseness to retrograde. This procedure utilizes temperature of 80o F and builds the immovability of the cooked coarseness (Smith Hui, 2004). Starting here the coarseness is prepared for chipping, destroying, or any of the techniques for puffing corn meal. General Mills uses puffing firearms to make Trix grains. The science behind the puffing weapon used by General Mills and a portion of its rivals, works by acquainting the grains with high (500-800  °Ã‚ F) temperatures. This high temperature dissipates the dampness inside the granules making a steam pressure develop (100 to 200 psi) inside the chamber. At the point when this weight is discharged the dampness endeavoring to get away from the grain, makes the endosperm extend and at the same time puff. Puffing firearms have come long ways from when they were first presented in the oat business. Today General Mills uses a persistent puffing weapon frameworks and expulsion puffing. Constant puffing weapons work a similar route as it ancestors. The constant firearm contains a pivoting chamber that is set a particular point. The chamber is warmed either by gas flares or electrically, and it is taken care of through a rotational valve. The weight in the chamber stays steady by means of the leave, therefore constantly releasing the item. The substance detonate into a canister furnished with a story opening prompting a transport line. The item is coordinated to a pivoting warming chamber to dry, and afterward cooled. Now the item is outwardly reviewed for tenacity and shading and sent to the bundling line. Direct development or expulsion puffing is the other technique utilized by numerous oat makers. This kind of innovation was gladly welcomed by the oat business since it permits the blend of the means in the process into one. Grains fixings are brought in one group into long barrels furnished with single or twin screws. The screws blend, shear, and pressurize the barrel and transport the â€Å"dough† to a shaping pass on. As the blend courses through the extruder, nutrients, flavors and hues are presented and afterward the blend exits through the kick the bucket. A similar guideline of the puffing weapon is applied to extruders. As the dampness fume grows and the abundance pressure is discharged, the volume of the blend increments. The temperature in the barrel builds the blend to about 300o-350 o F and the strain to around 350-500 psi at the bite the dust head. As the batter exits through the openings of the pass on, it is cut off in to the various shapes and the cuts extend right away. Notwithstanding this speedy extension, the pieces despite everything keep up dampness substance of about 27% and are additionally dried on vibrating screens in tourist puffing stoves where the last cooking of the item happens (Smith Hui, 2004). Pieces are examined and sent to the bundling line. Despite the fact that expelled and firearm puffed blends items are improved and sustained during the cooking procedure, the puffs get a last splash of nutrients, sugar and flavors inside pivoting shower drums. Both last splashes help with the decrease of lipid oxidatio n and dampness which improve the general nature of the item as it identifies with its surface and firmness. One part of creating grain is its quality. The grain business utilizes numerous strategies to survey the nature of its item during the creation procedure. The greatest issue for a decent grain item is dampness. Dampness is estimated through close to infrared examination (NIR), wet science, and picture investigation. During the procedure the item the crude material is examined for dampness to guarantee it very well may be chipped, destroyed, molded, kept up for control of broiler temperatures, and to control the sugar content applied to the item. This kind of testing should likewise be possible to the last item where the fat, sugar, and dampness are dissected to guarantee the activity is working at ideal conditions. These test is fundamental because of any inadmissible dampness substance could prompt poor item quality as well as could be expected microscopic organisms development. At present, grain ventures are performing next to zero expository testing, and are depending on the merchants to give them best degree of item for their market. This can introduce an issue underway procedure. Regardless of the way that the oat business does almost no logical testing, the majority of the dampness content testing is proceeded as the item leaves the broiler utilizing a 16 hour vacuum stove strategy or a dampness balance technique (Unity Scientific, 2014). As indicated by Unity Scientific, â€Å"both strategies use misfortune on drying to gauge dampness content.† The primary issue with the 16 hr stove technique is the time it takes to get results, and when these are gotten they â€Å"have no effect on constant procedure control† (Unity Scientific, 2014). With regards to the dampness balance technique Unity Scientific says, in spite of the fact that the example can be â€Å"analyzed in a short time it is â€Å"2-multiple times less exact the vacumm stove m ethod.† The way to oats is the control of its dampness and surface. Dampness as referenced beforehand, is basic to keeping up a cereal’s trustworthiness, and it is urgent that the dampness of an oat item isn't more noteworthy than 3%. Anything less or more noteworthy could lessen its crunchiness just as make it fragile. In this way, NIR is probably the best strategy for testing for dampness just as fat substance in any progression of the procedure. With respect to its crunchiness the grain business utilizes mechanical just as tangible assessment techniques to guarantee the items surface. In any case, tangible assessments can be abstract. Probably the most ideal approaches to examine surface is the utilization of mechanical instruments as these give a quantitative proportion of surface. As of now instruments utilized by the oat business incorporate Stevens, Instron and Ottawa Texture Analyzer. The motivation behind these crunch assessment strategies is to discover the bowl life by presenting the item to drain for a little timeframe and afterward playing out a shear test. Different types of gear utilized are the various crunching tests and the Ottawa Cell shearing test. The last advance in the creation procedure is bundling. Distinctive hardware and movies are utilized no matter how you look at it in the oat business. A portion of the hardware utilized incorporate Ishida multi-head weighers, Bosch vertical structure fill seal machines and Triangle sack in box bundling. With regards to films, they either use wax paper or different polymer films (Smith Hui, 2014). Notwithstanding, before choosing a bundling film, grain makers consider whether the area the item will be sold is muggy or parched. In light of these conditions the film is chosen and utilized for creation. One of most regular bundling materials utilized in the grain business is polyethylene films (Smith Hui, 2014). The bundling film must shield from water fume transmission and flavor misfortune. As referenced beforehand, dampness assumes a major job all the while and any indication of dampness addition could prompt potential loss of firmness and agreeableness of the item. Another issue for grains is the unsteadiness of lipids. Lipid oxidation prompts rancidity in this way, making an awful smell in the item. To forestall lipid oxidation and dampness gain in the item, the oat business uses various cancer prevention agents. The cell reinforcements normally utilized are butylated hydroxyanisole (BHA) and butylated hydrooxytoluene (BHT) (Smith Hui, 2004). In spite of the fact that their utilization is constrained in the creation procedure, these can be included before cooking. Be that as it may, after a few preliminaries, it was found that due to their non extremity and their instability these woul

The Memphis Tribune essays

The Memphis Tribune articles Bendini Lambert This firm may have set aside some cash by crushing the inside income administration, however nothing contrasted with the millions and even billions of dollars that had been washed out of Memphis. The firm was being constrained by the Morolto wrongdoing family, was one articulation made by the government authority of examinations Wayne Tarrance, who drove the case. He additionally pronounced that without the assistance of an insider, this case would have in no way, shape or form prompted a prosecution. More than one hundred captures have been made in the Chicago and Memphis territories since yesterday, when the primary prosecution was given. The Moroltos had been pulling the entirety of their illicit cash earned structure racketeering in the organizations Leer Jet, and putting it in ledgers everywhere throughout the world, from Grand Cayman Island. When the cash made it to the Cayman Islands they began spending it on organization speculations everywhere throughout the mainland United States. Along these lines the firm could transform unlawful assets into a spendable cash. DeVasher hit an arrangement with the state and is just going to get a lifelong incarceration for five tallies of homicide. Despite the fact that he was not an inhumane executioner, he made major decisions from Memphis. Nobody has ever left the firm alive except if they resigned, DeVasher asserted. After he was requested to do someone in it was his life on the line, on the off chance that he was not agreeable he would have been annihilated, expressed DeVasher. He additionally admitted to attacking the security of each firm part. In spite of the fact that he won't be accused of the killings his partners in crime are perhaps going to get capital punishment. Denton Voyles, the Director of the government authority of examination, expressed that he had been studying the firm for a long time in spite of the fact that had not gotten a genuine break until Mitchel Mickdeere joined the firm. He included, We have n ... <!

Ivy League Common App Essay Samples

Ivy League Common App Essay SamplesAny English student with a little common sense and an Ivy League common sense should be able to determine if a sample given in an essay is from an Ivy League college or not. The explanation will follow.The term 'Ivy League' was coined by the president of Harvard University, which is a private institution, not a public university, like the University of Pennsylvania, Princeton, or Yale. The term usually refers to a university that has a large, diverse, highly selective class of students.For example, a student at Oxford University would not necessarily be considered an Ivy League student. A student at any university, other than a selective private school, would not qualify for the Ivy League designation. The term is used mainly to apply to institutions that are on the top 10% of the universities in their country.An Ivy League Common App essay sample is most often a sampling of essays submitted by high school students. The student has to be taking coll ege-level courses in order to submit such a sample, since the essay would be on some kind of college-level course.Thus, any student can find such a sample using a search engine such as Google or Yahoo. Often these samples come from students who have no college credits at all, but whose opinions are worth listening to since they have participated in college-level courses.The most important aspect of these samples is that they clearly tell you that the students who provided them did not receive a college credit for them. This is true even if they get a 'D' or an 'F' grade for the assignment in question.That's the reason that they are called 'common app' essays, because they are used by a lot of students in higher education, and not just by students at the Ivy League institutions. There are also a number of essays that appear to be common, but which are not really.

My Job As A Graduate Assistant - 1599 Words

Since moving to Cincinnati, my job as a graduate assistant has exposed me to many things about this city that never crossed my mind prior to living here. My work has made the transition easier in many regards, and I feel a connection to this city now that makes me more excited for my future career in social work. One agency that we work closely with is UpSpring (www.upspring.org), which primarily serves the educational needs of children experiencing homelessness in several different manners. Before working with this organization, the topic of homeless children was relatively foreign to me, and I was quite surprised to learn that the average person experiencing homelessness in the United States is 9-years old (UpSpring, 2015). Like many†¦show more content†¦The second article that addresses children experiencing homelessness focuses more directly on school outcomes. Canfield et al. (2016) found that transience exacerbates school absences, which negatively impacts many other a cademic outcomes. These students are nine times more likely to be truant, which can place their parents at a risk for legal action, and only 25% of this population graduate from high school (Canfield et al., 2016). Negative outcomes are likely impacted by unplanned mobility between schools, as families experiencing homelessness sometimes move between residences quickly and without much warning. Academic achievement suffers within this population, as studies have shown these students to behind their housed peers particularly in reading, spelling, and math (Canfield et al., 2016). Both studies have found little consistency in the literature pertaining to homeless children. Though most agree that homelessness is related to poor outcomes, it is difficult to discern from the research whether homelessness has a bigger effect than chronic poverty on school achievement and attendance (Buckner, 2008; Canfield et al., 2016). This could be because of similarities in living conditions, stress, and experiences, but researchers agree that there needs to be some degree of intervention to mitigate these outcomes (Buckner, 2008; Canfield et al., 2016). The McKinney-Vento Act (MVA) seeks to level the playing field betweenShow MoreRelatedEvaluation Of The Program Costs1201 Words   |  5 PagesOverview of Program Costs According to BYU’s website regarding the MSW program, it states that â€Å"our program takes 20 months of full-time study to complete. You will pay tuition five times.† With a tuition of $3,250 a semester for graduate students at BYU, I will need to pay a total of $16,250 of tuition. 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How Do Women With Histories Of Miscarriage - 1043 Words

Qualitative: How do women with histories of miscarriage view the use of supplemental progesterone in early pregnancy? To properly evaluate this qualitative research question there are a few things that I would like to do before I began this study on a large scale. First, this study is based on the assumption that while the use supplemental progesterone in early pregnancy has not proven to be statistically significant in the prevention of miscarriage; benefits have been shown to its use. I would want to perform a meta-analysis of the data to ensure that the efforts of this study are not misguided using this assumption. According to Haidich (2010), a â€Å"meta-analysis is a quantitative, formal, epidemiological study design used to systematically assess previous research studies to derive conclusions about that body of research.† Secondly, there are very few studies that investigate this question. Thus, I feel that it would be important to run a pilot study first to plan the design for this study thoroughly. This is a study that will be based on education and the relationships built with physicians. The strategy needs to be well planned. Practical Research: Planning and Design (2016), pp. 271-272 1. What is the current status of knowledge pertaining to the question? After a literature search, I discovered that there is very little information about this question. 2. Why is the study important? With the controversial findings of supplemental progesterone use in earlyShow MoreRelatedPreventing Still Births and Miscarriages Essay1419 Words   |  6 PagesMany women have a time in their life where they have a pregnancy loss whether it’s an abortion, miscarriage, or stillborn. A lot of mothers go into depression when the loss of their baby is out of their control such as miscarriages and still born. 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Case Study of Shaun and Craig-Free-Samples-Myassignmenthelp.com

Quetions: 1.Does a partnership between Shaun and Craig exist? In the A- Analysis/Application part of your answer, make arguments both for and against the existence of a partnership. 2.Can Craig leave the partnership in the way he did? 3.Is Craig entitled to the fees from the extra lessons he had been doing? 4.Are the music instruments and equipment partnership property? 5.Who is liable to pay the outstanding rent and electricity? 6.If Ronnie successfully sues3 Shaun and Craig, who is liable to pay that amount of money? Answers: 1.Issue The issue is whether a partnership is exists between Shaun and Craig? Rules The partnership will only establish when there is an intention to carrying a business between two or more than two persons. In the cases of Green v Beesley (1835) and Smith v Anderson (1880) it has been found that a partnership has been exist when two persons or more than two persons has together contributed in a business jointly for the a limited time and make a contract for running a business. The section 9, 10 11 of the Partnership Act 1963 of Australia has been defined the relations of partners where they must bound to their common business and must act behalf of the partners and the rights of the partner to use the credit of firms for the private purposes in the limited partnership. In the partnership there should be a legal entity for creating such partnership (Coffee Jr, Sale and Henderson 2015). Application The basic elements of the partnership are: A valid agreement should be form between the partners. The partners should have intention to carry a business in common intention where a single or isolated transaction could be carried. When the partners are carrying a business therefore they will carry a common business where they have mutual rights, agency, interest and other obligation related to the partnership business. There should be the legal intention to carry the business. According to the case facts Shaun and Craig both has a common intention to carry a legal music business with common and mutual rights. They have started the business with an Australian Business Number (ABN) and registered the following business name: NetMuso. They have also registered the following domain name: www.netmuso.com. Conclusion Therefore a partnership exists between Shaun and Craig. 2.Issue The issue is whether Craig can leave the partnership in the way he did? Rules When a partnership has been formed the partners holds the common and mutual rights and they have several potential liabilities towards their business. The section 9 of the Partnership Act 1963 has stated the relations of partners where they must bound to their common business or the firm. The sec 13 of the Partnership Act 1963 has legislates the liability of partners. When the partners carrying a business under a name and business registration they holds the liabilities of the partnership (Iacobucci and Trebilcock 2013). Application The liability of a partner is defines the duties and obligations towards the business and the other partners. The sec- 9 has already defines the liabilities of the partners towards the business each of the partners hold a separate responsibilities towards the business with legally and financially for every actions towards the other partners and the business also (Owen 2014). According to the case facts Shaun and Craig has jointly started their music business with an Australian Business Number and registration. Therefore both of them not terminate the partnership until and unless other partners has involved in any negligence or criminal activities with the other partners and the business also. Both of Shaun and Craig has a joint bank account therefore when the business has faced any legal obligation then both of the partners should face such issues but they cannot dissolute the partnership. Conclusion Therefore Craig cannot leave the partnership when they are facing the legal obligation. Shaun can take legal actions against him for falsely dissolution of the partnership (Iacobucci and Trebilcock 2013). 3.Issue The issue is whether Craig is entitled to the fees from the extra lessons he had been doing? Rules According to the section 34 of the partnership act legislated where it is the duty of the partners to give accounts towards the other partners. It is the rights of the partners that they must have the accountability for the private profits. The section 35 has defined the duty of partners not to compete with the firm. Therefore if a partner of the firm has making their own profit by using the name of the firm for own benefits then it will be illegal in the partnership business. Application According to the case study, Craig had been doing a number of extra lessons outside of the studio. If he is using the name of the partnership business for the personal profit purposes then it will be completely illegal and unfair according to the partnership business. Craig kept the fees from those lessons to himself. Therefore he is using the business name for his own personal benefits. If Craig did extra lesson outside of the studio without using the name of their partnership business then it will not make any disturbance. However according to the liability in the partnership acts Craig has breach the section 34 and 35 of the Partnership Act. He has been using the business name for getting his personal benefits where he is not sharing such fees which is against of the partnership (Coffee Jr, Sale and Henderson 2015). Conclusion Therefore it can be concluded that Craig has no right to do extra lesson by using the partnership business where he is taking fees for himself which is illegal to the therms of the partnership. 4.Issue The issue is whether the music instruments and equipment are the partnership property or not? Rules The section 26 of the Partnership Act 1963 has stated the property bought with money of the firm which has describes that the properties or assets which has been bought with the money which belongs to the firm unless and until the contrary intention has been appears which has been bought on account of the firm (Owen 2014). Application According to the case facts Shaun has made the lease agreement for their business pay the advanced rental bond of $20,000 which he has been borrowed from his father while Craig has moved his collection of music instruments and equipment which has monetary value of $25,000 to their business place. Though they are in partnership business the music instruments and equipment has owned by Craig and not bought from the account of the business. Therefore though they are in the partnership the music instruments and equipment are not the property of the partnership business (Iacobucci and Trebilcock 2013). In a partnership business equipments are required. It can be owned by the partners of the business from the joint account of the partners. When the properties have been brought by the account of the partnership account then it will be held in the name of the partnership business not the partners individually. But if the properties have been owned by any partner it never belongs to the partnership business though it is using in the business. Therefore according to the case study, Craig has owned the music instruments and equipment. Conclusion According to the case facts the music instruments and equipment are not the partnership property as those are owned by Craig. 5.Issue The issue is who is liable to pay the outstanding rent and electricity Shaun or Craig? Rules In a partnership both the partners hold the duties pay every debt related to the partnership business. When a partnership form it holds the basic element of the partnership which is when the partners are carrying a business therefore they are carrying a common business where they have mutual rights, agency, interest and other obligation related to the partnership business. The sec-13 of the Partnership Act has defined the liabilities of the partners in the partnership business (Owen 2014). In the case of Broadcasters Ltd v Ashtons Nominees Pty Ltd (1979) it has been found that the in a joint venture of partnership the partners will use the profit and share every losses and use the profits for the maintenance of the partnership business. The partners are bound to pay every debts jointly which are related to the partnership business (Coffee Jr, Sale and Henderson 2015). Application According to the fact of the case, Shaun make the lease agreement with the owner of the property but as he is running a partnership business with Craig therefore it s the liability of the both partners to pay every debts which are related with the business. When a business has been formed on the terms of the partnership then it the liability of the both partners that they can share the profits and pay the losses. Therefore it is their obligations to pay every debts of the business. The partners will jointly pay the debts out of their earnings from the business (Iacobucci and Trebilcock 2013). Conclusion Therefore according to the case facts it can be concluded that Shaun and Craig both are liable to pay the outstanding rent and electricity which are related to their partnership business. 6.Issue The issue is who is liable to pay that amount of money Shaun or Craig if Ronnie successfully sues them? Rules According to the section of the Partnership Act has defined the liabilities of the partners in the partnership business where the partners hold the mutual duties and obligation regarding to their business. Therefore when the business face any legal obligation due to the negligence of one partner then all of the partners are liable for such acts as it has been held in the partnership business (Owen 2014). Application As per the case facts Ronnie who is a school aged student took lessons from Shaun. When he took bathroom break he fell in the bathroom which cause severe blow to the head and also broke his jaw. Now he has been undergo complicated surgery on his jaw and sued both Shaun and Craig for $12,000. Therefore as the partnership act though one partner is liable for such negligence which cause damage to the plaintiff but both of the partners are bound to pay such compensation as they are running a partnership business and the accident has been caused in the property of that business (Iacobucci and Trebilcock 2013). Conclusion Therefore according to the case study both Shaun and Craig are liable to pay the compensation amount to Ronnie for his damage. References Broadcasters Ltd v Ashtons Nominees Pty Ltd (1979) 22 SASR 552 Burnett, C., Taylor, C.J. and Wong, J., 2015. Qualification of Taxable Entities and Treaty Protection: National Report for Australia. Coffee Jr, J.C., Sale, H. and Henderson, M.T., 2015. Securities regulation: Cases and materials. Green v Beesley (1835) 2 Bing N C 108 at 112 Green, R., Berti, M. and Sutton, N., 2017. Higher Education in Management: The Case of Australia. In The Future of Management Education (pp. 117-137). Palgrave Macmillan UK. Iacobucci, E.M. and Trebilcock, M.J., 2013. An economic analysis of alternative business structures for the practice of law. Can. B. Rev., 92, p.57. Mann, R.A. and Roberts, B.S., 2015. Business law and the regulation of business. Nelson Education. Owen, S.L., 2014. Allocating Partnership Debt: If It Ain't Broke, Don't Fix It. J. Passthrough Entities, 17, p.71. Smith v Anderson (1880) 15 Ch D 247 at 27