Threat faced by Finance & Accounting Professional-Free-Samples

Question: Explain the various threats which can be faced by a Finance and Accounting professional, working as an auditor, consultant or an employee in an organisation. Answer: Introduction This assignment is about the professionals of accounting, in this assignment we are going to discuss about various aspects of the ethical issues that is faced by the auditors, accountants or the consultants of the organization(Ittelson, 2010). Financial accounting is all about preparing financial statements of an organization that shows the financial position to the investors, governments, general public, potential investors, competitors of an organization. Every organization in this world whether operating its business on a small scale, medium scale or a large scale is required to prepare financial statements as it comes under a compulsory legal laws(Helfert, 2016). Every organization in this world is liable to prepare and maintain its financial statement. The financial statements are made by professional accountants or auditors, these financial statements cannot be verified and published until it is thoroughly checked and signed by an auditor or an accountant(Fridson, 2014). These statements are sometimes contains false information to show an organization more profitable than it actually is. So in this assignment we are going to discuss about these ethical issues. The financial statements are of various types and all these are need to be prepared by an organization, these statements are; Income Statement, Balance Sheet, Cash Flow Statement and Statement of Retained Earnings(Tracy, 2013). Critical Analysis Financial statements are the statements that show the financial standing of an organization to the outer world. Sometimes these statements are prepared with wrong intentions of showing an organization much more profitable than its actual position, this is done in order to raise more and more of capital from the market(Brodersen, 2014). There have been so many cases worldwide of this kind of fraud by many big business organizations. These kinds of organizations do not believes in any ethics, all they want and do is to loot people by preparing false or untrue financial statements(Fraser, 2012). An accountant or an auditor or a finance consultant is the peoples that are so experienced in preparing these statements that only one accountant can prepare false statements for an organization and no one can make a mistake in such statements for years. However not every accountant, auditor or consultant are corrupt or under the influence of graft. Some work with all their ethics and believes in only ethical working(Fabozzi, 2013). Such kind of accountants, auditors, consultant has to face different threat and ethical issues(Epstein, 2016). An accountant or an auditor whosoever is preparing a financial statement for an organization must keep in mind the ethics of doing right and lawful act while preparing the financial statements, sometimes it is the organization itself that wants their accountants to prepare the financial statement and do not disclose the facts of loss so that it does not lose its market share by the true disclosure of the facts. There are different types of ethical issues that are faced by the accountants or auditors in an organization while preparing the financial statements of a firm(Lister, 2016): Fraud in Financial Reporting: The burden from management on the accountant to not to or to misstate the financial transactions of the organization so that it does not shows any inflow or outflow of the cash, or recording of some transactions that are not as per the accounting principles. Misappropriation of Assets: It is the misuse of the assets of the organization in a way that it incurs losses for the organization. Management puts burden on the accountants or the auditors to not to disclose any misappropriation of the assets. Disclosure: Another ethical issue that is faced by the accountants or the auditors by the management of an organization is to not to disclose or to disclose wrong information to effect the decisions of investors. Any person who wants to invest will always invest in an organization that is earning good money, so financial statements are the tools in the hands of the investors to judge the profitability of the organization. By false disclosures an organization can attract a large number of investors and their money. Cases of Financial Statement Frauds In the year 1998, an organization that was based in Houston, reported fake earnings of around 2 billion US dollars. All this was done in order to raise money from the investors. The companys auditor increased the depreciation on the property, plants and equipments of the organization. The main guilty personalities in this case were founder and the CEO Dean. L Buntrock along with his top executives and their auditor Arthur Anderson(Degree, 2017). Another Houston based organization in the year 2001 committed a fraud due to which the shareholder of the organization lost their 74 billion US dollars. The organization and its accountant did not disclose the high debts of the organization because of which its position always shown in profits. This fraud not only left the investors in the lose but also took the jobs of many innocent employees of the same organization. Conclusion Here is a brief and a concise conclusion has been provided. Ethical issues in accounting are not new, while there are many accountants or auditors that fall for greed and ignore all the ethics of preparing financial reports then there comes the ones who always put forward their ethics and becomes whistleblower to put an end on the fraud practices of the organizations. The accountants or the auditors must follow their ethics as no fraud or false disclosure can remain safe for a long period of time. In the case of the 1rst Houston company the former CEO and auditor made fraud while the later newly recruited team found out the fraud and reported it to the higher authorities which resulted in the penalty on the CEO of 437M US dollars. So the final conclusion is all the accountants and the auditors or the financial consultants should follow their ethics and must not let the management to come in between their work and ethics. Bibliography Brodersen, P. P. (2014). Warren Buffett Accounting Book. Degree, A. (2017, January 23rd). AccountingDegree. Retrieved March 25th, 2018, from AccountingDegree.com: https://www.accounting-degree.org/scandals/ Epstein, L. (2016). Reading financial reports. The Accounting Review , 2. Fabozzi, F. J. (2013). Analysis of Financial Statements. Auditing: A Journal of Practice Theory , 7. Fraser, A. O. (2012). Understanding Financial Statements. KMF Publishers. Fridson, M. (2014). Financial Statement Analysis: A Practitioner's Guide. Marshley Printing Press. Helfert, E. (2016). Techniques of Financial Analysis. Accounting Finance , 2. Ittelson, T. R. (2010). Financial Statements: A Step?by?step Guide to Understanding. SYdney: J.L Printing and Press. Lister, J. (2016, Feburary 25th). Chron. Retrieved March 2018, from Chron.com: https://smallbusiness.chron.com/ethical-issues-facing-accounting-profession-18307.html Tracy, J. A. (2013). How to read a financial report : wringing vital signs out of the numbers. Accounting Horizons , 5.

Civics Essay Example For Students

Civics Essay The Womens Civil Rights MovementWomens struggle for equal right has not been an easy or short road. All throughout U.S. history women have been fighting for their rights and for the rights of others. Women have organized and fought their way through legislatures, congressional obstacles and have faced ridicule and indifference. It was a long and uphill battle. It meant defiance of laws and customs that had been accepted from the time of the first settlements, some of the discriminations women were fighting against were women were not permitted to speak at public meeting, women were denied the right to vote. Women did not have a free choice of courses or education. Women could not keep ownership of property when they married. Women could be beaten legally by their overlords- their husbands. Women joined and fought by picketing, protesting, parading, campaigning demanding that women be given the same rights as men. Some of the women involved in this movement were Elizabeth Cady St5anton, who was called the Mother of the Womens Suffrage Movement. She organized the Womans Rights Covention of 1747. She was a leader in the fight for womens rights to own property and for divorce laws more favorable to women. Lucy Sten, who was the first woman in Massachusetts to earn a college degree. Susan B. Anthony. She devoted her life to the temperance movement, (against alcohol) and the abolition cause (against slavery). She fought for women and black males to have the right to vote. She was arrested when she attempted to vote in Rochester, New York local elections.We built the Womens rights movement into a national organization. Carrie Chapman Latt, was the president of the National American Womans Suffrage (NAWSA)Victoria Woodhill fought for Womens freedom in economy on Wall Street, in Congress and in the Whitehouse. She was the first of many to appear before Congress to plead for and demand the rights of American Women. In 1920 Women earned the right to vote, many of these women did not survive to see it. It took 70 years to get the vote. In the roaring twenties women emerged flamboyant, defiant, and independent. Such a young liberated woman was known as a flapper. Women have fought hard in their battle for equality with men. The strong push for equal opportunity for women took place on local, state, and national levels. Women used the following procedures in their quest;they used the courts for litigation. they set up public meetings to educate the public, they lobbied legislators and candidates. they secured editorial and civic leader support, they organized at the national, state, and local levels. The following federal laws that protect women were the result:Social Security Act (1935) and amendments provide for monthly retirement and disability to male and female workers and for survivors benefits to dependents of workers male and female covered by the system. Unemployment insurance is managed jointly by the federal and state governments. Benefits are paid for loss of job through no fault of either male or female employees. Benefits vary from state to state. This is part of the Social Security System that began making payments in 1937. Fair Labor Standard Act (1938) guarantees minimum wage and overtime pay for men women employed in businesses that fall under federal regulation. Equal Pay Act of 1963 was the first federal law against sex discrimination in employment. It prohibits employers from discriminating between employees on the basis of sex by paying different wages for equal work requiring equal skills, effort, and responsibility, and performed under similar working conditions. .ua97818df0a6005ace200962a97a72e0b , .ua97818df0a6005ace200962a97a72e0b .postImageUrl , .ua97818df0a6005ace200962a97a72e0b .centered-text-area { min-height: 80px; position: relative; } .ua97818df0a6005ace200962a97a72e0b , .ua97818df0a6005ace200962a97a72e0b:hover , .ua97818df0a6005ace200962a97a72e0b:visited , .ua97818df0a6005ace200962a97a72e0b:active { border:0!important; } .ua97818df0a6005ace200962a97a72e0b .clearfix:after { content: ""; display: table; clear: both; } .ua97818df0a6005ace200962a97a72e0b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua97818df0a6005ace200962a97a72e0b:active , .ua97818df0a6005ace200962a97a72e0b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua97818df0a6005ace200962a97a72e0b .centered-text-area { width: 100%; position: relative ; } .ua97818df0a6005ace200962a97a72e0b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua97818df0a6005ace200962a97a72e0b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua97818df0a6005ace200962a97a72e0b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua97818df0a6005ace200962a97a72e0b:hover .ctaButton { background-color: #34495E!important; } .ua97818df0a6005ace200962a97a72e0b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua97818df0a6005ace200962a97a72e0b .ua97818df0a6005ace200962a97a72e0b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua97818df0a6005ace200962a97a72e0b:after { content: ""; display: block; clear: both; } READ: Alexander the Great EssayTitle VII of the Civil Rights Act of 1964 makes it unlawful for any employer to fail or refuse to hire or discharge any individual or otherwise to discriminate against any individual with respect to compensation, terms or conditions or privileges of employment because of such individuals race, color, religion, sex, or national origin. An amendment in 1978 prohibited discrimination in employment because of pregnancy._ Title VIIs administered by the Equal Employment Opportunity Commission (EEOC), which prohibited help wanted male and help wanted female advertisements. Occupational Safety and Health Act (OSHA) of 1970 strengthened the powers of the EEOC t bring suits in court after and investigation. It includes widened coverage of the Civil Rights Act to embrace employees and unions of eight or more workers, employees of state and federal government, and employees of educational institutions. It protects employees against sexual harassment, such as unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature. Title IX Educational Act (Amendments) of 1972 prohibits sex discrimination in any elementary, secondary, or post-secondary school if the institution receives any federal moneys, the implementation of this law has become a battle ground between liberals and conservatives. Retirement Equity Act (1974) known as the Womens bill provides a wife with retirement benefits after her husbands death. It also gives a wife limited pension benefits should the husband die before reaching retirement age. The government has identified several groups as being in need of special attention. These groups are women, Blacks, Hispanics, Asians, Pacific Islanders, American Indians, and Eskimos. Why women? As a minority of the population in the United States , women face many of the same obstacles as do minority group males. Legislation has created Affirmative Action. Affirmative action seeks to over come discrimination and the exclusion of women and minorities from hiring and promotion in public an private employment and from enrollment in colleges and professional schools. In some cases, quotas and preferential treatment were given to women, blacks and Hispanics. Federal laws and policies encourage the use of sex and race quotas as remedial devices in allocating jobs and educational opportunities. Many court cases have followed, dealing with hiring, promotion, wage policies , and seniority rights. Affirmative action is looked upon as a temporary policy until women and minorities gain foothol d in the economy. Other forms of discrimination reduced are: Membership in all-male clubs significantly reduced by the supreme court decision that forbade the exclusion of women from such organizations as Rotary and the Junior Chamber of Commerce. In the 1970s and 1980s many form of pregnancy discrimination- including denial of leave, loss of seniority, lack of medical coverage, and out right dismissal- were challenged, primarily in the courts, Under the Pregnancy Discrimination Act of 1978, women who decide to leave their jobs because of pregnancy lose nothing and may get payment for medical and hospital expenses. The law does not require women to remain on the job. Employers may not penalize women who become pregnant or who have a child. It also out laws the loss of seniority by women when they return to work after childbirth. Women have made enormous progress since the beginning of their battle. They have fought, earned and worked for every right that they have gained. Today women have equality when it come to dealing with the laws and public discrimination, the only boundaries left to be broken are peoples opinions and their narrow minds. Some day maybe there will be equality for all and descrimination will be a word and concept of the past.

Three Steps to Help You Get Your Essay Writing

Three Steps to Help You Get Your Essay WritingAfter trying to choose the right sample disaster essay, I know that many people are afraid of the rigors of the assignment and the fear of never finishing it. But you can overcome this fear.A successful essay is something that has a big impact on the writer and his or her peers. So how do you get started? Here are three steps to help you get your essay written.One of the first things you need to do when choosing a sample disaster essay is to determine the goal. In other words, what are you trying to accomplish with the essay? What do you want your essay to accomplish?Document your goals. If you are trying to write about disasters and natural disasters and the effects they have on our society and the world, the best choice for you would be to select an essay about natural disasters.Documenting your goals is important because it will give you an idea about how your essay will be structured. The structure of your essay can be very important because it will determine if you finish it within the deadline and whether or not it is worthy of publication.The second step in choosing a sample disaster essay is to make sure you have the right background knowledge. You can't expect to write an essay about disasters and natural disasters and the effects they have on our society and the world if you don't have the background knowledge you need. You will need to find an essay writer who specializes in the subject matter of your choice.The third step is to set a date when you will finish the essay. Many people skip this step and never finish their assignment. You will find this to be very difficult to do if you are really committed to your essay writing.

A Short History of the Chinese in Cuba

A Short History of the Chinese in Cuba The Chinese first arrived in Cuba in significant numbers in the late 1850s to toil in Cuba’s sugarcane fields. At that time, Cuba was arguably the largest producer of sugar in the world. Due to the diminishing African slave trade after England’s abolition of slavery in 1833 and the decline of slavery in the United States, a labor shortage in Cuba led plantation owners to search for workers elsewhere. China emerged as the labor source following deep social upheaval after the First and Second Opium Wars. Changes in the farming system, a surge in population growth, political discontentment, natural disasters, banditry, and ethnic strife- especially in southern China- led many farmers and peasants to leave China and look for work overseas. While some willingly left China for contract work in Cuba, others were coerced into semi-indentured servitude. The First Ship On June 3, 1857, the first ship arrived in Cuba carrying about 200 Chinese laborers on eight-year contracts. In many cases, these Chinese â€Å"coolies† were treated just as the African slaves were. The situation was so severe that the imperial Chinese government even sent investigators to Cuba in 1873 to look into a large number of suicides by Chinese laborers in Cuba, as well as allegations of abuse and breach of contract by plantation owners. Shortly after, the Chinese labor trade was prohibited and the last ship carrying Chinese laborers reached Cuba in 1874. Establishing a Community Many of these laborers intermarried with the local population of Cubans, Africans, and mixed-race women. Miscegenation laws forbade them to marry Spaniards. These Cuban-Chinese began to develop a distinct community. At its height, in the late 1870s, there were more than 40,000 Chinese in Cuba. In Havana, they established â€Å"El Barrio Chino† or Chinatown, which grew to 44 square blocks and was once the largest such community in Latin America. In addition to working in the fields, they opened shops, restaurants, and laundries and worked in factories. A unique fusion Chinese-Cuban cuisine melding Caribbean and Chinese flavors also emerged. Residents developed community organizations and social clubs, such as the Casino Chung Wah, founded in 1893. This community association continues to assist the Chinese in Cuba today with education and cultural programs. The Chinese-language weekly, Kwong Wah Po also still publishes in Havana. At the turn of the century, Cuba saw another wave of Chinese migrants – many coming from California. The 1959 Cuban Revolution Many Chinese Cubans participated in the anti-colonial movement against Spain. There were even three Chinese-Cuban Generals who served pivotal roles in the Cuban Revolution. There still stands a monument in Havana dedicated to the Chinese that fought in the revolution. By the 1950s however, the Chinese community in Cuba was already diminishing, and following the revolution, many also left the island. The Cuban revolution did create an increase in relations with China for a short time. Cuban leader Fidel Castro severed diplomatic ties with Taiwan in 1960, recognizing and establishing formal ties with the People’s Republic of China and Mao Zedong. But the relationship did not last long. Cuba’s friendship with the Soviet Union and Castro’s public criticism of China’s 1979 invasion of Vietnam became a sticking point for China. Relations warmed again in the 1980s during China’s economic reforms. Trade and diplomatic tours increased. By the 1990s, China was Cuba’s second largest trade partner. Chinese leaders visited the island several times in the 1990s and 2000s and further increased economic and technological agreements between the two countries. In its prominent role on the United Nations Security Council, China has long opposed U.S. sanctions on Cuba. The Cuban Chinese Today It’s estimated that Chinese Cubans (those who were born in China) only number about 400 today. Many are elderly residents who live near the run-down Barrio Chino. Some of their children and grandchildren still work in the shops and restaurants near Chinatown. Community groups are currently working to economically revitalize Havana’s Chinatown into a tourist destination. Many Cuban Chinese also migrated overseas. Well-known Chinese-Cuban restaurants have been established in New York City and Miami.

ACT Tutoring

How To Save Money on SAT/ACT Tutoring SAT / ACT Prep Online Guides and Tips As you may have seen in some of my other articles on tutoring, if there's one thing you need to know about tutoring, it's this: tutoring is expensive, particularly high quality tutoring. In fact, I've even written an entire article devoted to the topic of how much you should pay for SAT/ACT tutoring. So how can you save money on SAT/ACT tutoring? Let me give you a few tips, tailored around the case studies of 3 hypothetical students. feature image credit: Money – Savings by 401(K) 2012, used under CC BY-SA 2.0/Cropped from original. Case 1: Anthony - Comprehensive Tutoring Anthony and his parents have decided he needs a tutor to help him with his ACT test prep and bring his composite score up. He took a timed practice test and scored 23 on Reading, 30 on English, 30 on Math, and 20 on Science, giving him a composite score of 26. His scores seem all over the place, and he isn’t exactly sure where to start with his studying. Anthony's family can’t afford a lot of tutoring. Originally, they thought they could save money by hiring a cheap tutor – maybe some high school student who aced the ACT and is charging $30/hour. After all, a $30/hr tutor could make Anthony's budget stretch to many more hours of tutoring than a more expensive tutor, and more hours are always better, right? Probably not. Getting a low quality tutor, even if she's only charging $30/hr, is a waste of time and money for many students. Why? A high school student who's only charging you $30/hr may be able to help with explaining the answers to practice tests, but it is unlikely that she will have the skills and experience necessary to help with comprehensive test prep.For someone like Anthony, who doesn't know what he needs to study, or how he should plan his studying, or where his weaknesses lie, someone who just helps with practice test answers would not be helpful. Cost-Saving Recommendation for Comprehensive Tutoring: Instead, we'd recommend Anthony hire a higher quality tutor, but for fewer hours. How come? Higher quality tutors are able to help you set the stage for your studying outside of tutoring sessions. This means that you are able to stretch what you can get - if you end up spending 9 hours using what the tutor taught you in one $60/hour test prep session, you're effectively paying $6/hour for tutoring. Not too shabby! Anthony goes with a $60/hr tutor for two sessions over the course of 4 weeks, and learns how to better plan his studying and what he needs to focus on. His tutor finds that Anthony is overwhelmed by the large amount of information presented in the Reading and Science questions, and so focuses Anthony's study around becoming more comfortable with the Reading and Science sections and drilling these questions. Anthony creates a study plan with his tutor for 6 hours of study a week, scheduling in practice tests and time to review his mistakes. Even after Anthony's 2 sessions with the tutor are over, he's able to use the study schedule his tutor devised to guide his test prep, right up until testing day. When he takes the ACT for real, he gets a 32 on Reading, 31 on English, 30 on Math, and 30 on Science – huge leaps in achievement for a minor investment in tutoring time. Case 2: Carmela -Partial Tutoring Carmela took the SAT in December and got a 740 on CR, 640 on Writing, and 660 on Math. She’s applying to college as a humanities major, so she really needs to get her score up on the Writing section. What are Carmela's issues with SAT Writing? Well, she keeps messing up the hardest writing questions, and she doesn't really know how to improve her SAT essay. After all, she's good at writing essays in school - shouldn't that just carry over? Why should she bother studying something she's good at in school? Carmela doesn't know how to plan her essay prep and in any case is unmotivated to do so. Cost-Saving Recommendation for PartialTutoring: How does Carmela overcome these obstacles? She gets tutoring only for the hardest problems and for high-level study planning and motivation. Carmela hires a tutor for $50/hr for 4 sessions over 8 weeks. The tutor figures out that Carmela is getting the hardest Writing questions wrong when the answer choices are technically correct but worded in a way they would never appear in real life. She also discovers that Carmela is using mostly abstract reasoning in her practice essays, rather than concrete examples. Carmela's tutor sets out a study schedule for Carmela: half an hour of practice on the hardest writing questions every other day. On the off days, the tutor tells Carmela to start coming up with some historical, literary, or pop culture events that she can mine for examples on the SAT essay, like World War II or The Hunger Games; if she knows a few historical events or pieces of literature really well, she will be able to take examples from them for nearly any SAT essay topic. In addition to giving Carmela specific tutoring tips, the tutor helps Carmela figure out that her target Writing score is a 720, and so she needs to improve by 80 points. With concrete information on how much she needs to improve and how to do so, Carmela is motivated to study for the SAT outside of tutoring as well as during tutoring sessions. After 2 months of tutoring, Carmela takes the SAT again and gets 730 on CR, 730 on Writing, and 690 on Math – a much better score report for a prospective humanities student. Another alternative: If Carmela had only had issues with hardest Writing problems, she could have tried tutoring combined with another test prep strategy, like tutoring and a self-guided online prep program, or tutoring and focused self-study. In this particular case, since Carmela was struggling with motivation to improve her essay as well as with the hardest Writing problems, it made more sense for her to get tutoring that would help her with both. Case 3: Marie -A Limited Budget for Tutoring Marie took the SAT in October of her junior year and got a 660 on CR, 600 on Writing, and 570 on Math. After focused math self-studying, she retook the SAT in March and got a 640 on CR, 620 on Writing, and 740 on Math, which brings her composite superscore up from 1830 to 2020. Marie has a very limited budget ($120), but really wants to solidify her chances of getting into Smith College. The middle 50% of first years who enter Smith have composite SAT scores ranging from 1870-2190, so to increase her chances of getting in, Marie really needs to get her total SAT score to at or above 2190...which is a 170 point increase. How does Marie decide if she should get tutoring? Marie considers her overall budget and her current test prep progress. Can she achieve her results within her current system, or does she need a tutor? Cost-Saving Recommendation for Limited Tutoring Budget: Marie concludes that because she was able to improve her Math score with self-study, she can probably apply the same methods to studying for the Critical Reading and Writing sections. What were these methods? She took timed practice tests, marking every question she wasn't sure about, and thoroughly reviewed the questions she got wrong and the questions she guessed on but got right. During her prep for the SAT Math section, Marie discovered that she had a tendency to rush through reading the question because she was so nervous that she would run out of time, which led to her often answering the wrong question. She spent hours drilling herself on actual SAT Math questions in her weakest areas, elementary algebra and plane geometry, slowly but surely increasing the speed at which she could answer the questions, which in turn helped her slow down when reading the questions. Marie decides that since Smith superscores the SAT (combines the highest scores for each section across all testing dates), and she clearly has an effective test-prep method, she will take the SAT 2 more times (a cost of $105), once after having focused on Writing and once after having focused on Critical Reading. She does and scores 750 on Writing and 790 on Critical Reading, bringing her overall score up to 2280 - well above the composite she needs to get into Smith. So how does this apply to you? Let’s take a look at the tips I mention above, distilled down into a series of hypotheticals. How Can I Save Money on SAT/ACT Tutoring? Do you want the best test prep, bar none? Then get high quality, expensive tutoring. Want good prep but have a limited budget, like Anthony? Spend your money on a higher quality tutor for a shorter amount of time. Only need focused prep, like Carmela? Get a high quality tutor who can focus on that section so you don't buy hours for the other sections. Have a strict budget that limits tutoring? Then use another prep program, and add tutoring sparingly for high level stuff. Is your current method effective? Keep careful watch on how you do on practice and actual tests, note where you need to improve (by section and within a section), and then take more official tests. If your score plateaus, you should consider other options. If you hit your target scores, like Marie did, then you're all set! Use these tips to help you save on tutoring when studying for the SAT/ACT. Dollars by 401(K) 2012, used under CC BY-SA 2.0. What’s Next The best way to save money on tutoring is to make sure you’re getting the best tutor for you. How do you do this? Read more about it here. What should you be looking for in a tutor, anyway? Check out my article on what makes an effective tutor. Want to find out more about PrepScholar Tutoring Program? PrepScholar co-founder Fred Zhang has the article for you. Want to improve your SAT score by 240 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Social Class systems Essay Example | Topics and Well Written Essays - 250 words

Social Class systems - Essay Example Studies conducted show that forty two percent of men born in the bottom five social classes stay that way when they become adults. To add to the figures, just eight percent of Americans born at the bottom, rise to the top. From this figures it is safe to argue that contrary to popular belief, America is in fact a caste social system. There are various reasons for this argument, the first being that the country has a thin safety net to cushion children from poverty, therefore less class mobility. We find that in most poor children are raised by single parents, a factor which increases poverty levels. This is compounded, by racial discrimination which leaves most people of color, especially African Americans vulnerable and poor, compared to the other races. The second reason is that in our society, education is enables one to get a higher salary. This leaves people from poor families at a disadvantage because upper income parents invest more in their children’s education to increase their chances of success in life. The children of the high income earners go to the best schools and are prepared to learn. It is safe to argue that most people at the top are there due to their backgrounds, more than merit. Ours is therefore a system of the poor remaining poor and the other way round. The kind of education you get how the police treat you and even who you get married to, is largely influenced by your social

Company law case study analysis Example | Topics and Well Written Essays - 2000 words

Company law analysis - Case Study Example ny is a commercial organization that joins the pass-through taxation of a sole proprietorship or partnership with the limited liability of an organization. However, it is not a corporation, rather, a legal type of a business that offers its owners limited liability at various jurisdictions. Advantages of forming a limited liability company (LLC) include; it involves protection of the company’s assets. It will offer a restricted liability security to them, as the owners, for they are not individually responsible for the company’s liabilities or debts. Therefore, creditors will not chase their personal assets, such as the building, savings accounts, among others, in attempts for them to pay the business debts. In addition, forming an LLC will offer a pass-through taxation, in that; they will not have to pay any taxes at the business level. Any company loss or income will be "passed-through" to them, as the company owners and recounted on their individual income tax returns. Any due tax will, therefore, be paid at the individual level (Martin, 2011, p.28). Another advantage is that there is heightened credibility, whereby, this form of accompany night assist their new company create reliability with its prospective vendors, partners, and customers, since the y will the owners have made an official obligation towards the business (Hollowell, Miller, Clarkson &Cross, 2012, p.58). In addition, if needs limited compliance requests in that, the company will face lesser state-enacted yearly requirements than other forms of corporations. It also has a flexible management structure, such that, they will be free to form any business structure that they will agree on. Therefore, the owners can choose to manage the company or have managers to do so for them, unlike in major corporations that have board of directors and managing officers manage them. Lastly, this kind of a company has less restriction, in that, it they will not be limited on whom an owner can be or the