Wednesday, August 26, 2020

Storytelling in Your College and Career Documents

Narrating in Your College and Career Documents At the point when we were kids, we as a whole cherished stories.â Well conjecture what?â That hasn’t changed!â I as of late read the article Storytelling an Effective Training Method! furthermore, it started me to compose this post. The truth of the matter is, we as a whole love a decent story.â Admissions boards of trustees love great stories.â Hiring directors love great stories.â Customers and customers love great stories.â Always remember:â the individual you’re composing for is a human being!â How would you get another person to peruse your document?â Spin a decent yarn! On the off chance that you’re applying to school, recount to a story with a start, center and end.â I had a customer who composed his school application article about showing his sister to ride a bike.â His first draft was all blushing about how extraordinary the experience was, and it didn't have a convincing start, center and end.  He felt lost in the composition, and the article was exhausting. What at last made the story extraordinary was that he began toward the start, when he was irritated at his sister for being little and awkward, at that point traveled through the procedure of an advancement in turning into an instructor, and a superior educator lastly to where he discharged the seat and the sister took off all alone on the bike.â Victory! An incredible story. In school applications, ordinarily what makes an incredible story is to admit to a battle or deficiency, and show how you got through it.â In an introductory letter, in all honesty, you can do something very similar. A wide range of individuals are stating â€Å"No one peruses introductory letters anymore.†Ã¢ Well, obviously nobody is perusing them †on the grounds that they are unnatural and exhausting and nobody can overcome them!â Have you at any point thought about that on the off chance that you compose a sufficient story in your introductory letter that it reallyâ will get read! Do you have a case of when a venture was falling flat, and you stepped in to fix it?â That makes an incredible story!â Is there a case of something you accomplished that identifies with the activity you’re applying for?â Don’t be reluctant to recount to these accounts in your introductory letters! On your resume, as well, recount as a very remarkable story as possible in a bulleted line. What not to write:â â€Å"Assisted researchers with their research.† What to compose: â€Å"Conducted hereditary, the study of disease transmission, and conduct research on sport fish in Illinois, Canada, and the Bahamas.† Ok, presently that sounds sort of fascinating! For a case of an expert bio that recounts to an extraordinary story or two, see Senior Investment Analyst Bio on The Essay Expert’s website.â This customer answered to me that she adored her profile story so much that she remained quiet about perusing it after it was finished! Whatever the explanation, we as a whole love a decent story.â Tell one in your school and occupation applications.â Tell one in your expert bio.â If you do it well, your target group will keep reading†¦Ã¢ and reading†¦Ã¢ and perusing.

Saturday, August 22, 2020

Absolute Error or Absolute Uncertainty Definition

Outright Error or Absolute Uncertainty Definition Outright blunder or supreme vulnerability is the vulnerability in an estimation, which is communicated utilizing the pertinent units. Also,â absolute mistake might be utilized to communicate the error in an estimation. Supreme blunder might be called guess mistake. Total mistake is the contrast between an estimation and a genuine worth: E |x0 - x| Where E is supreme mistake, x0 is the deliberate worth and x is the valid or genuine worth Why Is There Error? Blunder isn't an error. It essentially mirrors the constraints of estimation instruments. For instance, in the event that you utilize a ruler to quantify a length, every tic on the ruler has a width. In the event that a separation falls between marks on the ruler, you have to assess whether the separation is more like one imprint than the other and by how much. This is blunder. A similar estimation might be taken on various occasions to measure the scope of the mistake. Supreme Error Example In the event that an estimation is recorded to be 1.12 and the genuine worth is known to be 1.00 then the supreme mistake is 1.12 - 1.00 0.12. On the off chance that the mass of an article is estimated multiple times with values recorded to be 1.00 g, 0.95 g, and 1.05 g, at that point the outright mistake could be communicated as/ - 0.05 g.

Friday, August 21, 2020

Progression of Spirit

Progression of Spirit I realize that the title for this post could be the title of a hymn or sermon, but its not. Its the title for this post. Its quite fun to watch the progression of the emotional state of MIT students. The year starts with 1,100 studious new freshmen who are ready to experience everything college has to offer. They want to work hard, show their parents that theyre worthy of MIT, and prove to themselves that they can handle the workload. This is evidenced by our test subject, Jon, in Exhibit A: Exhibit A Jon is the one closest to you, sitting at his computer after having just finished registering for classes. He is ready to go and succeed! A month into the semester our test subject is thriving. He has discovered that there is much more to MIT than schoolwork and studying. He enjoys floor parties and creates fond memories of college, as evidenced by Exhibit B. Exhibit B Then BAM!!!, like a kick to the face delivered by Chuck Norris himself, the last three weeks of the semester hit. Everything is due, everything occurs, and finals are looming. People stop talking, start locking themselves in their rooms, and episodes of people screaming down the hall in hysterics increase. How does Jon react to the added stress? I walked into my room one day to find a very strange and startling scene. I knew, the instant I saw it, that the stress and pressure of finals had final stricken Jon down and left him as I saw him. What did I see? Please consider Exhibit C. Exhibit C Jon, after pulling an all-nighter, had fallen asleep upright at his computer while wrapped in a blanket. He was so far gone that it took yelling and fairly aggressive prodding to wake him. This, kids, is what happens to the average, everyday MIT freshman over the course of a semester. You start ready to work and soon learn that theres more to MIT than work. The illusion that anything but work is worthwhile is then shattered several weeks before finals as everybody goes insane and starts shaking/yelling/drooling/pacing uncontrollably. Welcome to MIT, were the leaders of tomorrow!

Sunday, May 24, 2020

Hit A Six With Australia s National Identity - 1465 Words

Hit a six with Australia’s national identity Argument Since colonial times, sporting successes especially in cricket have assisted the emerging nation of Australia to establish its identity. The prevalence of cricket in Australia constitutes what Markovits and Hellerman (2001) coin a, â€Å"hegemonic sports culture†, and subsequently represents an influential part of Australian culture. However, the modernity discourse undermines the degree to which Australian identity is taking into account British Legacy.Today the Australian culture is comprised of a differing scope of encounters, nationalities and cultures, subsequently confounding the idea that Australian identity is based on British heritage. The verbose accentuation set on Australia’s†¦show more content†¦Yet in the frame of Australian culture and identity, the site embodies Australian sporting heritage, and has facilitated in promoting the ideals represented in sport, a considerable lot of which were developed from the eighteenth Century British social and cultural values. The study of the Sydney Cricket Ground will concentrate on showing the degree to which the stadium both exemplifies and adds to Australia’s cultural heritage, and undoubtedly the wider national identity. Key words Modernity, Tradition, National identity, British tradition, Sport, Cricket, Sydney Cricket Ground Definitions Modernity - Modernity revolves around the idea that society is never constant, rather, we exist in a perpetual system of regeneration. When modernity is applied to society, it is the belief in the necessity of social progress. Belief in the ability of societies to organize their own self-improvement became crucial in the development of modernity, and also shaped the subsequent course of colonialism. (Gillen Ghosh, 2007, page 33). English traditions, such as sport were influential in forming Australia’s initial identity. Changing worldwide and political aspects in the twentieth and twenty first centuries caused a change in Australia’s cultural identity far from the conventional. With that being said, Rashid’s model of national identity also explores modernity through the changing nature of national identity, â€Å"a continuously evolving process of negotiation,

Thursday, May 14, 2020

Essay about Steve Jobs of Apple and Bill Gates of Microsoft

Steve Jobs (born in Green Bay, Wisconsin on the 24th of February 1955) is best know as the co-founder CEO of Apple Computer and somewhat less so for his leadership of Pixar which is a computer animation studio. On the other hand, Bill Gates (born in Seattle, Washington on the 28th of October 1955) is married to Melinda French Gates and has three children. Bill Gates is the co-founder and current Chairman and Chief Software Architect of Microsoft. Both started their careers almost at the same time and within the same industry. They are without a doubt two of the most successful and wealthy men in the PC industry. Steve Jobs is a true creative thinker and technological leader while Bill Gates is the opportunity seeker. The competition and†¦show more content†¦As for Apple, it was co-founded by Steve Jobs and Steve Wozniak who is credited with initiating the entry of computers into private homes and he also wrote most of the software that Apple ran. Bill Gates first achievement was the development of a programming language called BASIC for the Altair computer which is the first commercially successful personal computer. As for Steve Jobs, his first big achievement was Apple II which was the most popular and best selling personal computer of its time. There is a difference between their first achievements because Microsoft first development was a software whereas Apples first product was a hardware. Both Bill Gates and Steve jobs are extremely good at taking in good ideas, and developing them and making them into a successful product. This mostly because they are not at all afraid of taking any risks and try very hard even if they do not always get it right the first time. An example for this would be MS-DOS for Microsoft and an example for apple would be The Lisa and the Page Maker. Bill Gates has two books written by him, these books called `Business @ The Speed of Thought and `The Road Ahead. In addition to that, he also has books written about him like `Bill Gates and the Making of the Microsoft Empire. On the other hand, Steve Jobs does not have any books written by him but there were books written about him like `The Second Coming of Steve Jobs and `Steve Jobs and The NeXT BigShow MoreRelatedSteve Jobs And Bill Gates Similarities1003 Words   |  5 PagesThe most significant similarity between Steve Jobs and Bill Gates is that they are both prominent for becoming two legends who left an indelible footprint in the field of Information Technology. Both individuals have changed the way we work, live, interact, communicate, with the help of their technology contributions to the society. They both had an equal passion to build biggest technology company in the world. It was only passion that inspired them to work almost without any sleep. They both hadRead More Bill Gates and Steve Jobs1158 Words   |  5 PagesVisionaries: Bill Gates and Steve Jobs Two men who gave their hearts and souls to developing their visions have driven the personal computer (PC) revolution. However, the way in which either of these men went about this quest has been different. Steve Jobs and Bill Gates have changed the way the world does business, but the story of their leadership styles is even more compelling than the success and innovation spawned by Apple and Microsoft. Bill Gates versus Steve Jobs: The Early Years Bill GatesRead MoreBill Gates and Steve Jobs881 Words   |  4 PagesSteve Jobs and Bill Gates Steve Jobs and Bill Gates are two very important men in the world of technology. Both men had the vision of what a computer and computer languages might be able to advance into. Steve Jobs and Bill Gates both worked/work for exceptionally important companies. Bill Gates is still alive, but sadly Steve Jobs passed away on October 5, 2011. Steve Jobs’ complete name was Steven Paul Jobs. He was born on February 24, 1955 in San Francisco, California. He was raised into anRead MoreEssay about Comparsion of Steve Jobs and Bill Gates1599 Words   |  7 PagesIntroduction Steve Jobs and Bill Gates are two of the most well-known names of our generation for being the co-founders of two very large corporations. Steve Jobs being the co-founder of Apple, also the founder of Pixar and NeXT. Bill Gates, most known for being the co-founder of Microsoft, which is the biggest software company in the world. Though, without a doubt, both of these men were very successful in their professional lives for mainly the same thing and similar in their ways, but very differentRead MoreAnalysis Of Bill Gates And Steve Jobs907 Words   |  4 Pagestechnology world drastically. Bill Gates and Steve Jobs are some of the biggest names in technology, they are digital pioneers. They founded their companies almost at the same time, both being the leaders in their fields they have created some of the largest and most profitable companies in the technology world. Without these two men the smartphones and computers we have today might be a lot different. Bill Gates founded Micros oft and Steve Jobs was the co-founder of Apple. Bill Gates was one of the originalRead MoreBill Gates and His Accomplishments1444 Words   |  6 PagesBill Gates: An Important Visionary For Better or Worse by Blake Noonan Having an imagination is a virtue. Imagining an entirely new way to communicate and interact with others through a machine is amazing in itself. Bill Gates is not only the richest man in the world, but some consider him as the most ingenious too. Others see him as a monopolizing, money hungry nerd. William Gates III was born in Seattle, Washington in 1955. When he was thirteen, he wrote his first software programRead MoreBiography Of William Henry Gates IIi Essay1414 Words   |  6 PagesGates? William Henry Gates III was born in Seattle, Washington on October 28, 1955. He has always shown interest in computers since the age of 13 years old where he attended Lakeside School. Bill grew up in a upper middle class. He has two sisters named Kristianna and Libby. His mother’s name was Mary and his father was William Sir. Growing up Bill’s house hold was warm and close they were always encouraged to be competitive and strive for success. Bill was very close to his mother. Mary had aRead MoreEssay on Globally Successful Entrepreneurs986 Words   |  4 PagesMark Zuckerberg, Steve Jobs, Bill Gates, Jerry Yang, Walt Disney and so on. These were all the names often heard by us and often been a subject or topic discussed by everyone no matter in school or in the work place as a motivation to each other. They are a few examples of globally successful entrepreneurs. Their products are well known and useful. For example, Mark Zuckerberg created Facebook, Steve Jobs created Apple products, Bill Gates created Microsoft and so on. Their products were used widelyRead MoreCompare/Contrast Bill Gates Steve Jobs Essay751 Words   |  4 PagesCompare/Contrast: Steve Jobs Bill Gates Steve Jobs (born in Green Bay, Wisconsin on the 24th of February 1955) is best known as the co-founder CEO of Apple Computer and somewhat less so for his leadership of Pixar which is a computer animation studio. On the other hand, Bill Gates (born in Seattle, Washington on the 28th of October 1955) is known for the creation of the Windows operating system, as well as being the co-founder and current Chairman and Chief Software Architect of Microsoft. As statedRead MoreEthics issue in Pirates of Silicon Valley959 Words   |  4 Pagesof Silicon Valley,† is a review of the building of both Apple Computer and Microsoft as told through the lens of people that worked with both Steve Jobs at Apple and Bill Gates at Microsoft. The film addresses both the inner working of the two companies and the ethical issues that arise from their leaders, Jobs and Gates, desire to be the most important person in their chosen industry. While the film primarily focuses on Jobs and Gates, the workings of their respective companies and their rivalry

Wednesday, May 6, 2020

An Impartial Perspective on Write a Research Paper Fast

An Impartial Perspective on Write a Research Paper Fast Write a Research Paper Fast - the Conspiracy With this kind of easy suggestions, you will remain prepared to generate a research and cover even the most complex topic! It is possible to always buy research paper online on the site. It is possible to always buy research paper online and forget about all of the worries. Don't be concerned about the deadlines when you purchase a research paper online from PaperWritten.com. Quality is perhaps the most essential aspect to think about when one is seeking to purchase research paper. For this reason, you don't have to fret about the character of the research paper you are getting. What Does Write a Research Paper Fast Mean? If you are aware of how to structure your paper, it is going to minimize wasted energy and time. Therefore, you can observe that you're paying your money not only for the paper, but for the bit of scientific art, which meets all standards. Even for seasoned research-based writers, the whole process absorbs a tremendous period of time and energy. Therefore, if you've got such sort of issues, our business is prepared to provide you a nice solution. Now, you've probably no doubt that it's far better to get a research paper than to be alone with a challenging job and no expert guidance. In the event of unsatisfactory written papers, the client can request modifications through our revision policy and money-back guarantee. If you cho ose to purchase research paper from our company, here is a brief instruction for making an order on the site. If you acquire a research paper you solve the issue with organization and meet deadlines easily. To begin with, you must make sure you have picked an essential kind of an essay. So, even when you will need an urgent customized term paper, you are going to get it ASAP! Taking into consideration the subject of your assignment, its degree of difficulty or length, our certified term paper writers have all the required skills to create an outstanding project. You do not have to think about finishing your essay writing or research paper assignment punctually. All you need to perform is to compose the original paper from outline which you've finished. Since you may see, it is straightforward to buy a research paper or another bit of writing from our company. You will no longer have to be worried about an assignment and an expert research paper will deal with your undertak ing. How you construct your paper will depend on what sort of research thesis you've posed. You're able to purchase a research paper without needing to dent your pocket! It isn't always simple to be in a position to chance upon a research paper that will fulfill your requirements perfectly. In fact, there are numerous custom made research paper services readily available online, and you should really discover more about them. The procedure for presenting a research paper involves a great deal of intricacies, and our experts know of that. Make sure you are buying research papers online from the most effective available business in the marketplace. Then opting for our services to purchase research paper online would certainly end up being a good selection for you. The Little-Known Secrets to Write a Research Paper Fast Developing a first-class superior essay has ever been a tricky job for many students since they have many academic workloads. It is essential to purchase res earch paper online for students who need to acquire high grades without a lot of hustle. Usually, students are on a small budget, so they're hunting for affordable research papers to order. No matter your degree of education, you'll get our research papers at honest pricing. The Ultimate Write a Research Paper Fast Trick So you don't need to watch for the research paper for sale to go on the internet to avail a service at an affordable price. The customer service department is the sole line of connection between the author and the customer. If you found our website, odds are good you also have found a good deal of similar sites offering one or more services very similar to our own. Otherwise, you are likely wondering what you could do in order to acquire your research paper done in time and minimize your odds of failing the class. Your desire to get a research paper for college cheap is easily fulfilled in reality by numerous short clicks. You need to pay a little high if you require the papers in an extremely brief time period. The very first point to do is to select an ideal topic and choose whether there's a question to be answered or a problem to be solved. Choosing Write a Research Paper Fast Is Simple In any case, students' daily pursuits and a load of different assignments, doesn't always enable them to concentrate on the implementation of a certain endeavor, and we aren't even speaking about a crucial deficiency of time, which makes it impossible to stay informed about deadlines. The ideal thing about our writing service is you can do what you would like while we're handling your writing assignment. Even when you have the opportunity to truly dive into a research paper, you might still end up struggling. Managing your time to perform an assignment is a rather tough and challenging endeavor. Whatever They Told You About Write a Research Paper Fast Is Dead Wrong...And Here's Why Our writers offer brand-new papers based on completely new data. If you wish to get high excellent research and thesis papers in time and for a fair price, you should probably attempt using EssaySupply.com. If you're still searching for the ideal site to purchase research paper, you're at the correct place. All you will need is to visit our site and get research papers with two or three clicks. If you would like to purchase an affordable custom made paper, keep reading for some tips and suggestions on the way the procedure works and precisely what you can expect to get. Besides describing the targets and methods you'll wish to know about, we additionally have some handy resources we think you'll discover useful in achieving your aims. So, the practice of producing an effective research is not so easy! Each step should be completed before it is possible to visit the subsequent one. Writing a personalized research paper is difficult and you'll want to devote much time on that. It's possible to just buy custom research paper prepared by our professional writers and save a while to cope with different tasks. Writing a research paper can be an intimidating chore. It requires lots of devotion, so you need to base your future work not only on the drafts but also on an outline.

Tuesday, May 5, 2020

Basic Financial Accounting Theory You Should Know

Question1: newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after 15 September 2014. Your article could also come from one of the professional journals such as 'Charter'. The article should not come from an academic journal. Academic journals generally do not contain news articles or articles of less than one page and are usually only published 2 or 4 times a year.Explain the article that you have found in your own words and clearly relate the concepts, ideas and facts within the article to one or more of the theories or topics that you have studied this session. Answer1: Regulation as Accounting Theory Regulation in accounting is important to serve best to the society and optimize the allocation of the resources. The changes in the accounting entries are done to bring the impact of regulation on the accounting principles. The regulation in the accounting theory is essential to provide necessary information to make the economic decisions (Gaffikin, 2015). The article of Accounting News published in the BDO in December 2014 presents news of the changes in the Annual Financial statements for the year 2014. The new reflects that there are not many significant changes in the Annual Financial statements for 31 December 2014. The changes in the Annual Statements will be in the following Disclosing entities There will be certain changes to the individual key management personal disclosures. There will be change in the Investment entity amendments to AASB 10 of the consolidated Financial Statements. There will be change in the recoverable amount disclosure. There will be certain annual improvements. 21 Levies will be interpreted. There will reduction in the disclosure requirements There will be consolidation and joint arrangements for the non-profit entities. The rationale behind financial accounting and the changes in the financial statements for the year 2014 has been reflected in the article. According to the changes made to the Annual Statement reporting for the year 2014 includes deletion of the additional information about the individual key management personnel (KMP) remuneration, information related to option holdings of shares and information related to other transactions that appear in the notes to financial statements. According to the Corporation Act Regulation 2M.3.03 (1), items 17-24, the following information has to be incorporated in the remuneration report that has been audited. Thus the following changes have to be incorporated in the new financial statements. The reasons for the following changes in the financial statements are that it is considered by the Australian Accounting Standards Board (AASB) that the disclosures of KMP represent the disclosures of Corporate Governance. They must be included in the Corporations Act of 2001. There have been certain changes in the amendments regarding the investment entity. There has been certain change in the disclosures of AASB 10 which has included the concept of investment entity. In case of an investment entity, the investments to the subsidiaries must be recognized at fair value via profit or loss calculation. The calculation of fair value must be according to the guidelines represented in AASB 9 and AASB 139. There are certain criteria for a firm to become an investment entity. They have been incorporated in the new financial statements. There have been certain changes in the disclosures of the recoverable amounts. Earlier the recoverable amount had to be disclosed of a cash generating unit. The goodwill and the intangibles are attached with the recoverable amount. But the change that has been implemented in the financial statements states that the recoverable amount must be disclosed in case of individual assets. According to AASB 2013 -3 there are various additional disclosures that have been introduced. In this measure the amount that is recoverable is calculated by deducting cost of disposal from the fair value. This is applicable in which the fair value is at the level of 2 or 3. There have been certain annual improvements in the AASB 2014-1. The changes have been made in the Share based payments. The targets of performance can be based on various metrics. There will be changes in accounting when the metric was a non market condition. There have been changes in the AASB 3 Business combination in which the contingent consideration is measured at fair value via calculation of profit or loss. According to the changes in the representation of the Annual Statements, there have been changes in the interpretation of the 21 Levies. It was initially imposed on the European banks which had to deal with the banking levies. But the area of concern of the particular levy has been widened. It will deal with all types of Government levies. But it will not cover the income taxes under AASB 112 Income Taxes(Asic.gov.au, 2015) The revision in the Annual Statements reports that the RDR is only applicable on or after 1st July 2013. The Reduced disclosure requirement is not applicable for the private companies, charitable organizations and the clubs. The financial statements have to comply with the IFRS or the additional disclosures of RDR. For not for profit organizations, the following standards AASB 10, AASB 11, AASB 12, AASB 127 and AASB 128 will be applicable from 31 December 2014. However it is not easy to apply these measures for NFP. Since the variable return does not flow to the investor via dividend it is tough to apply these measures. The changes implemented in the Financial Statements focuses on the valuation of the assets. It encourages the auditors to consider the need to impair the goodwill and the other assets. It identifies the cash flows that are unrealistic and based on assumptions. The new amendments have been made to identify the mismatch between the cash flow and the assets that has been tested for impairment. It focuses on fair value calculations. The fair value calculations of the financial assets must be based on specific models. The accountants have to abide by the policies of accounting that will have potential impact on the results of reporting. These include arrangements of the balance sheet, recognition of revenue and tax accounting. It is a challenging job to make the financial statements according to the standards of AASB and IFRS. It is a tough job to apply the new changes that takes place every year. The changes impact on the presentation of the financial statements and the disclosures that are accompanying the financial statements. There have been little changes for the profit entities financial statement reporting. But changes have taken place in the annual reporting for not for profit entities. Thus the auditors and the preparers of the financial statements will be posed with challenges while reporting for not for profit sector. Over the next few years there will not be any significant changes in the IFRS and the AASB standards (grantthornton.com.au, 2014). The changes has been made in the reporting standards of the not for profit organizations so that it can suit to wide range of scenarios. But the changes has not been implemented for the profit organizations which will reduce the burden on the preparers and the auditors of the financial statements (bdo.com.au, 2014) ; (ey.com, 2014). Question2: a) Describe in your own words the issues that the exposure draft/proposal and comments letters are dealing with. b) Is there agreement among the various groups? Describe the issues where there is agreement/disagreement and provide examples. c) In your opinion, which of the three theories of regulation (eg, public interest, private interest orcapture theory) best explains the comment letters? Justify your answer. Answer2: Exposure Draft on Investment Entities: Application of the consolidation exception ( proposed amendments to AASB 10 and AASB 128) According to the norms of IFRS 10 norms, clarification has to be provided regarding the consolidation of the financial statements for the subsidiary. The subsidiaries will be measured at fair value. The parent company will be responsible for the preparation for the consolidation of the financial statements. The subsidiary does not have to prepare separate financial statements ( ifrs, 2015) According to IFRS 10, the subsidiary does not have to prepare the financial statements. They are part of the operations of the parent company. They do not have to measure the financial statements at the fair value. The duty of the subsidiary companies is to provide service which is known as the investment activities (Aasb.gov.au, 2015). The measurement of the investment at fair value will be done by the parent company. The subsidiaries will not be involved in the measurement of the financial statements at fair value. According to IFRS 10 , the non investment entity parent of the investment entity cannot retain the fair value measurements as applied by the investment entity to the interest of the subsidiaries. The consolidation of all the investment of the group will be done by the non investment entity (Bryan ,2007). The non investment entity has the full responsibility of the consolidation of the financial statement. The parent company will have to consolidate the financial statements at fair value. The subsidiary companies have to be taken into consideration. The application of this method has been prevented by the IAS 28 for the non investment entities in the subsidiaries. It is not applicable for the joint venture and other major entities of investment (www.aasb.gov.au, 2015). Comment letters 1. Dr Bikram Chatterjee from Deakin Graduate School of Business - The professor of the business school find these changes satisfactory. The changes to IFRS 10 are appropriate. The changes from AASB are satisfactory. The Government of Australia will not form a barrier to the changes that has been made for the investment entity. The proposal will help in the cost of savings for the investment entities. The investors will have information about the performance of the organization. The information will be beneficial for the investors in making their investment decisions. 2. Deloitte Touche Tohmatsu limited - According to them, there will be lack of transparency within the financial statements as a result of fair value considerations for the investment entities. There will be other issues like difference in obtaining information. It will create difference in the equity method of accounting in case of joint venture and the other associates. There will be lack of feasibility which will create huge amount of confusions. 3. PwC - The implications of the exposure draft has been agreed by PwC. According to them the proposal of ED 249 will be helpful for the preparation of the consolidated form of the financial statements. It will be a relevant for the investors and helpful to make their investment decisions. But there have not been significant changes for the nonprofit organizations. The changes has not been implemented for the public entities (Ifrs.org, 2015). 4. Macquarie Group Limited - The group has agreed to the norms presented in the exposure draft. They agree to the fact the parent company will be responsible for the consolidation of the financial statements. They agree to the proposal that the subsidiaries will be involved in the operations but the financial statements will be prepared by the parent company. There are certain issues presented by the group. They do not agree to the fact that the equity method will be used by the non investment entity by using fair value measure. Lack of transparency is the major issue . It is not appropriate on a theoretical aspect. The associates lack consistency as they donot have a legal entity structure. CPA Australia and Chartered accounting Australia and New Zealand - The norms of IFRS 10 is disagreed by CPA Australia. According to them, the different approach will lead to lot of complexity in the calculation using fair value. It will bring lot of complexity within the financial statements. They have suggested that the same method must be used for the calculation. This will reduce the complexity. This means that the same fair value approach must be used by the associate or the joint venture company. The regulation can be described by the Private interest theory. The theory provides solutions that will be beneficial for the company and the investors. According to the Private interest theory, it is applicable for the self interest of the company. The exception to consolidation is favorable for the company as the companies does not have to prepare the financial statements twice. The changes in the structure of AASB 249 and AASB 250 will be helpful for the users and the company. This leads to time saving. The amount of investment is less and the reporting is less complex. The company will be able to save cost. This will be helpful for the economy of Australia as there will be proper allocation of resources (Bryant, 2010); (Ku, 2010). Conclusion From the two assignments it is clear that the company has to abide by certain standards for the preparation of the financial statements. The changes in the financial statements will make reporting transparent. It can be said that the comments from the companies and the other governing bodies is in mixed form. But the application of the equity method by the use of fair value for the non investing entity investor has not been accepted by majority of the group members. Overall it can be said that the members has agreed to the amendments that has been made the AASB and the IFRS 10. References Aasb.gov.au, (2015). News. bdo.com.au, (2014). ACCOUNTING NEWS. Bryan, M. (2007). Private law in theory and practice. London: Routledge-Cavendish. Bryant, W. (2010). General equilibrium. Singapore: World Scientific Pub. Co. grantthornton.com.au, (2014). Technical Accounting Alert. Ifrs.org, (2015). IFRS - Exposure Draft and Comment letters. Ku, M. (2010). Political change in view of the theory of change and balanced, harmonious union of the private interest and the public interest. Lanham, Md.: University Press of America. www.aasb.gov.au/, (2015). Investment Entities: Applying the Consolidation Exception. Gaffikin, M. (2015). Regulation as Accounting Theory. ey.com, (2014). EndeavourTM (International) Limited November 2014 edition An illustration of an Australian companys annual financial report for the 31 December 2014 year end (also applicable to 30 June 2015 year ends). Asic.gov.au, (2015). 14-294MR Focus for 31 December 2014 financial reports | ASIC - Australian Securities and Investments Commission.