How Financial Statement Helps User Finance Essay - Free Essay Example

Your college-mate, Adam, who studies in an Engineering faculty thinks that preparing the financial statement annually is a waste of time. As an Accounting student, you do not agree with Adams opinion. Explain to Adam the purpose of preparing a financial statement. Definition of Financial Statement Nowadays, there are a lot of demands that will be made for its financial statements throughout the existence of a business. Profitability, financial health, as well as success of a particular organization conclude the main key of information of a financial statement. The financial numbers in a financial statement also supply a measure of the failure or achievement of its business strategies as well of its current management. There are four main factors of financial statement which are balance sheets, income statements, cash flow statements and retained earnings. Each of these statements is a part of the structure for the financial statements. Generally Accepted Accounting Practices or also can be known as GAAP is the structure of it. When it comes down to a company financial stability, each of a financial statement has a purpose and reason as well as to provide detailed information. In another way, financial statements are also some sorts of like a crucial reports. For a companys stockholders, board of directors, its managers and to the employees which also includes labor union, the statement shows them how a business is doing are a somehow very beneficially internally. They are also crucial to government agencies which are responsible for regulating and taxing, to stockbrokers and investment analysts, to lenders such as credit rating agencies and bank and not forgotten towards prospective investors externally. A lot of strategic thinking goes into the way businesses present their performance date given the competing demands for attention. Whole collecting financial worksheets for another group and comprehensive reports, they may have to prepare concise, straightforward data summaries for one group of investors. Tracking various factors such a liquidity and solvency are the main purpose for investors using financial statement. PURPOSE OF FINANCIAL STATEMENT The main use of a financial statement is to make sure a business establish the results of its operations over a certain period of time as well as to verify its worth at a specific date. Business people always prepared financial statement to help them in evaluating their financial health. In the other hand, it is also crucial to supply specific financial statement upon the demand of a supplier or even banker. When a business is involved, tax returns require a financial statement. In-house monthly financial statement can be in any form that is acceptable or easy to the management. However, they need to be in a standard format and the need to follow a certain rules of preparation when the financial statement provided to outside parties. A basic set of financial statement will also include of an Income Statement which generates the profit or loss over a period of time, a balance sheet which conclusion of the Assets, Liabilities and Equity of the business at a specific date. Occasionally, a Cash Flows Statements may also be generated, which concludes the disbursements and receipts of cash during the period of time. For management and owners, its a useful tool for them in order to supervise where the cash is really going. By providing relevant and trusted financial information, the important objective of every financial statement is of assistance to the intended users in their economic decision making process. General Purpose Financial StatementsÂÂ  are prepared for general users keeping general needs in mind but not able to supply all such information that users may want. Special Purpose Financial Statements are prepared keeping the information needs of some users and also may supply such additional data which normally general purpose financial statements may not contain. The special purpose financial statements tends to highlight a certain area as well as to supply information in that regards. It may be or may not be prepared under the same accounting structure which is used to prepare general purpose financial statement. Financial statements prepared for bank to request for a loan is one of the good examples. There are three aspects that the general Purpose Financial Statements provide information which are: 1) Changes in Financial Position Can be explained of how business activities had affected the investors stake in the entity. Users need this information to evaluate whether the entity has made satisfactory contribution towards their investment or not. Users are also eager to know how much cash and cash equivalents have been generated and where they have been use. Like for example, the cash flow. This information is obtainable in the form of statement of cash flow and statement of changes in equity. All of these statements should not be observed in isolation as they are linked together and in order to get the full impression of the business, people must look at them as a whole as well as in totality instead of considering them differently even through each of these statement serves a particular objective. 2) Financial Performance Is the entity which relates to the entitys skill to use the economic resources that are available in a profitable manner as well as how good entity managed to general considerable cash flows by using this resources. Statement of comprehensive Income is used for this information presented. 3) Financial Position Is the entity which can be explained by the position of the business liabilities and assets as well as how entity uses the resources at its disposal in order to survive the changing business solvency and requirements. Statement of Financial Position which also recognized as Balance Sheet is used for this information presented. TYPES OF FINANCIAL STATEMENT There are four different kind of financial statements. These statements are compulsory to be audited by the authentic, reliable and trusted, efficient audit firms in order to avoid exploitation of numbers. After a thorough study of an organization records, then the accounting firms only audited the statement. The four important types of financial statement as shown as below: 1) BALANCE SHEET Balance Sheet, is one of the four basic financial statement required by IFRS and GAAP. The purpose of this balance sheet statement can be explained as a better picture of a certain organization financial position. The balance sheet is the one and only statement that applies to a single point in time out of the other three statements. Usually, a normal balance sheet contained three parts such as assets, liabilities as well as shareholders equity. The asset subcategories are normally written down first and naturally listed in the order of liquidity. Assets are then followed by the liabilities. Shareholders equity or as the new assets/net worth of an organization are the main difference in between the assets and the liabilities. Assets are equal to the sum of liabilities and shareholders equity. A good example of items recorders as assets can also include plants and equipment, property and account receivable and for the example of liabilities includes long term bonds and account payable. Balance Sheet came from the fact that the total assets must always be in balance with the sum of liabilities and shareholders equity. An organization will have to finance its assets by either borrowing money from other sources in the form of liabilities or collecting the money from shareholders. The main formula for balance sheet is: Assets = 2) INCOME STATEMENT On a business cash generating ability, the income statement is a very straightforward and simple report. Its provides crucial information on the financial performance of the business that shows when expenses are incurred and when sales are made. Capital, revenue, cost of goods and expenses are example of information withdraw from the numerous financial models. The income statement is able to let an organization know how much their organization making, which can be either in profit or even loss during the year by subtracting the cost of goods and expenses from revenue to arrive at net results by combining these elements. Due to the income statement do not show when the expenses are paid or when revenue is collected, therefore it differs from a cash flow statement. In the other hand, it shows the predictable profitability of the business over a certain period of time covered by the plan. The income statement must be produced on a monthly basis during the first year, followed by quarterly for the year two and annually for the third year for a business plan. In the following manner, below is the financial projection in Income Statement: 1) Income ÂÂ  Includes all the income made by the business of an organization. 2) Cost Of Goods Include all the costs that are linked to the sale of products in the inventory. 3) Gross Profit Margin Its the difference in between revenue and cost of goods. It can be uttered as a percentage or in dollars or potentially even both. As a percentage, the margin of Gross Profit is constantly affirmed as a percentage of revenue. 4) Operating Expenses Includes labor spending and all overhead related with the operations of the business. 5) Total Expenses Sum of operating expenses and cost of goods. 6) Net Profit The difference between gross profit margin and total expenses. The net income depicts the business debt and capital capabilities. 7) Depreciation Show the downfall in value of capital assets that are used to produce profits. Its also used as an pointer of the stream of money into new capital and the basis for a tax deduction. 8) Earnings before interest and taxes Includes the capacity of a business to repay its obligations. 9) Interest Includes all interest payable for debts, both long-term and short-term. 10) Taxes Includes all taxes on the business. 11) Net Profit After Taxes Show the companys real bottom line. The basic equation on which an income statement is based is: Net Income = 3) CASH FLOW STATEMENT Cash flow statement is basically a report that reflects of the sources of organization cash and how the cash was used over a certain period of time. However, it doesnt include the non- cash items such as depreciation. To determine the short-term viability of an organization when it comes to paying the bills, this method is very useful. A lot of analysts propose that an entrepreneur study a cash flow statement at least every quarter of the year because the management of cash flow is very important towards the small businesses and for business as well. The income statement that was mentioned earlier is the same with the cash flow statement because it records down an organization performance over a certain period of time. The cash flow statement shows the exact amount of money that an organization produce while the income statement also takes into account of some non-cash accounting items such as depreciation. Therefore, thats the main difference between those two statements. Cash flow statement also show how an organization have performed in handling the inflows and outflows of their cash while also come in handy, which give a bigger and better view of an organization ability to pay their creditors as well as their financial growth. According to the accounting standards, it is not wrong for an organization that is shown to be profitable to go under if there isnt sufficient cash on hand to pay their utilities. Operating cash flow ratio, which can be explained of comparing the amount of cash generated to outstanding debt, prove the company skill to service their interest payment and loans. If a slight drop in an organization quarter cash flow would destroy their skill to make a loan payment that the organization is in a very danger position that one with less net income but a stronger cash flow level. There is not much an organization could do in order to manipulate its cash situation unlike the numerous ways in which reported earning can be offered. The cash flow statement will always be accurate whether the organization has cash or not. In order to recognize an organization overall health, an analysts will observe closely at the cash flow statement of any organization. 4) RETAINED EARNINGS The portion of net profit or net income which are abstract from the income statement that never been paid out as dividends are called retailed earnings. Therefore, these earnings are then used for some purpose or reinvested in an organization. It can be also used to further develop the organization through some investment for example like paying off debt, investment in development or even research and so on. Retained earnings are cumulative. They symbolize the past and present earnings of an organization that have been reinvested in the company. Under the Shareholders Equity section of the balance sheet, the retained earning account show the retained earnings since the establishment of the organization. It is also cumulative revenues from undistributed profits. Most of these analyses engage comparing retained earnings per share to profit per share over a certain period of time. They also sometimes evaluate the amount of capital retained to the change in share price during that same period of time. The return management generated on the profits it plowed back into the business are the methods that use to measure. A method that accounts for taxes is also used in this vein in the look through earnings. Developed industries often retain a large sum of their earnings than other industries because they need more asset investment to function or even operate. Older organization may report drastically higher retained earnings than those newer organization in the same industries because retained earnings symbolize the sum of profits lesser dividends since their establishment. This is the main reason of why the comparison of retained earnings is very hard but usually the most meaningful among other organization of the same time of establishment while the meaning of low and high retained earnings should be made within this circumstance. Just take an example of when Ali Maju Sdn Bhd, retained 72 percent of its net income for its retained earnings account and eventually gave out 50 percent of its net income as dividends to its shareholders. QUESTION 1B Your college-mate, Adam, who studies in an Engineering faculty thinks that preparing the financial statement annually is a waste of time. As an Accounting student, you do not agree with Adams opinion. Explain to Adam how the financial statement could help the user of the financial statement in their decision-making. Financial statements of a company or individual are the documents that reflect the historic financial information of the entity. This includes a detailed and accurate record of the assets and liabilities as well as the income and expenses and also the cash flow of the entity. These documents are written records that quantitatively explain the health of unit represent in the statements. Financial statement are decision-making tools because it helps use to see a better and clearer idea of how an organization financial position. Financial Statements also show business trends, the rate at which you are paying creditors and any cash flow problems and also the rate at which you are collecting receivables. Take an example of accounts reports show whose is paying on time or can even be 30 days late, 60 days late or up to 3 months late. By using this financial statement, we can determine which customers or supplier that is in a good standing or that are in need of collection efforts or have uncollectible open invoices. Lets just assume that an invoice has not been paid within the period of six months, after collection efforts, this is probably an uncollectible debt. Accounts payables reports let you know what is owed to whom and when. We are also able to generate the reports to further let us know the value of the inventory and what our inventory levels are. Not only that. We can produce a report to answer any question that we have about our business cooperation related to what we owe, what we own as well as how much money that our company makes, in a period of time which can be monthly, or yearly. These are basically the questions that we need to answer as we make strategic decision on how to make our business to be successful without losing any money in the near future. Businesses often need credit as a part of their strategy to remain financially viable. Then of course, businesses apply for credit cards and credit terms with a vendor as well as applying for business loan. The lender will always request to take a look of our balance sheet and run over our credit report to therefore make decision on whether to loan us the credit or rejects in all situation. A balance sheet will also show a creditor of how much debt we are carrying and how much money is flowing in and out of the business. In addition to that, the financial statement that we handed over to an internal account payable report will helps us to pay our bill and utilities on time while keeping our organizations credit score high. This is very important and crucial step because it will enable our firm to remain a good credit risk. In addition to that, we need financial statement to calculate our quarterly state as well as federal tax obligation which include sales and annual taxes. A sales report that separates taxable sales from nontaxable sales will give us the information that we need to pay the state the sales taxes that we collected from our customers. Federal tax obligation also include payroll related taxes and annual taxes. A payroll liability report is not only to the federal government but also for benefits but also outline all our payroll-related obligations; we must be able to give documentation of the information reported in our tax fillings if we are ever audited. Beginning with the primary financial statements and any additional statements auditors request, acceptable documentation is financial statements. We also must be able to back up thee statements with hard records such as pay stubs and receipts. In order to prepare both state and federal annual taxes, we have to start with the primary financial statement. We also may need to find out that we need to run additional reports to produce the specific information that we need to fill out our tax forms. Untitled.png Figure 1- ACCOUNTING PROCESS First of all, to financial accounting whose final products are financial statements. However from the users aspects and from the aspects of the scope of business, we distinguish the following types of accounting: financial accounting, cost accounting and managerial accounting. We usually say that cost and managerial accounting ensure different information for internal users and financial accounting ensures synthetically and quality information needed for preparing the financial statements for external users. Nevertheless, in the context of measuring the entire business quality, financial accounting is also directed towards internal users. chart.pngFigure 2- FINANCIAL STATEMENT The most important financial statements that we must consider when examining the entire business quality and making decision for the future are: 1) Balance Sheets 2) Income Statements 3) Cash Flow Statements 4) Retailed Earnings/ Changes In Owners THE BASIS OF DECISION MAKING We need to analyze the financial statement in order to improve the usage of financial information in the context of the decision making process, In that context, we only can describe financial statement analysis as the process where we convert data from financial statements into usable information for business quality measurement by different analytical techniques which is very important in the process of rational management. Since we try to ensure companys development and existence on the market, it is very significant in the context of future business management to know the current level of business quality. Financial statement analysis comes before the management process that is before the process of planning which is the component of the management process. Planning is very important for good management. Good financial plan has to consider all companys strength and weaknesses. The task of financial statement analysis is to recognize good characteristics of the company so that we could use the most of those advantages, but also to recognize companys weaknesses in order to take corrective actions. We can say that management of the company is the most significant user of financial statement analysis. In the process of financial statements analysis, it is possible to use the whole range of different instruments and procedures. First of all, it considers comparative financial statements and the horizontal analysis procedure together with structural financial statements and the vertical analysis procedure. By horizontal analysis which is based on the comparative financial statements we try to examine the tendency and dynamics of changes of particular basic financial statements positions. We estimate business efficiency and security of the company on the basis of observed changes. On the other hand, structural financial statements are the base for vertical analysis which allows insight into financial statement structure. Financial statements structure is very significant in the context of business quality. By financial statement analysis we get acquainted with the business quality, but the questions of the analysis are not solved by horizontal and vertical analysis procedures of balance sheet, profit and loss account and cash flow statement. In the context of measuring business quality on the basis of financial statements, the most significant are different financial ratios formed from basic financial statements Financial Statements supply helpful information to a variety of users: 1) Prospective Investors In the need of Financial Statement to have the review of capability of investing into an organization. Based on the statement, they also could have an idea of what the future dividends will be based on the earnings disclosed. Risks related with the investment may be gauged from the statement like for example, fluctuating profit indicate higher risk. 2) Financial Institutions ( Bank) They need Financial Statement to make decisions on whether to approve credit to a business or to give green light to a loan. They also need to review the financial state of an organization to decide of the chances of a bad loan. Their decision to lend must be heavily based with a enough asset base and liquidity. 3) Governments In the need of Financial Statement to decide the effectiveness of the tax announced in the tax returns. They will also need to have an eye of the economic development through analysis of Financial of businesses from numerous sectors of the economy. 4) Customers Use Financial Statements to assess whether a supplier has the resources to ensure the steady supply of goods in the future. This is especially vital where a customer is dependant on a supplier for a specialized component. 5) Suppliers Need Financial Statements to assess the credit worthiness of a business and ascertain whether to supply goods on credit. Suppliers need to know if they will be repaid. Terms of credit are set according to the assessment of their customers financial health. 6) Competitors Need Financial Statement in order to evaluate of their performance towards with their enemy organization as well as to learn and create strategic to advance their competiveness. 7) ManagersÂÂ   Need Financial Statement to handle the affairs of the organization by taking crucial business decision making and monitoring the financial performance and positions. 8) Employees In the need the use of Financial Statement in order to evaluate the organization profitability and its effects on job security and also their future remuneration 9) Shareholders Need Financial Statement to review the dangers, return as well as risk towards their investment in the organization. Also decide whether to or not to invest in the company based on the analysis. 10) General Public Like to know more about the property of an organization on the economy, surroundings as well as the local community.

Personal Statement Auto Education - 3418 Words

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Gestational Diabetes Mellitus Research Paper - 1541 Words

Society looks at Pregnancy as an amazing and exciting time for women and their families. However women diagnosed with Gestational Diabetes Mellitus can experience an increased amount of stressors not only physical but, emotionally and socially. Physically GDM causes increased blood sugar levels which can have dangerous and harmful effects on both mother and infant. New to be mothers can have a hard time understanding and coping with their pregnancy and condition if not supported correctly by healthcare professionals. Healthcare professionals should use a women-centred approach when delivering maternity care as it empowers women in the self-management of their care. This essay will discus in further detail the aspects of GDM, including the†¦show more content†¦Insulin is the only hormone in the body that lowers blood glucose levels, as it targets cells and provides for glucose storage as glycogen (Mattson Porth, 2002). 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Does Religion Cause War - 653 Words

Religion causes war. This is a matter of historical fact. Since time immemorial, men have fought each other in wars caused by religion. There are at least three instances by which religion causes war. The first is when people try to compel other people to adopt their religion or religious perspectives. This comes from our innate tendency to want other people to subscribe to our beliefs. That desire can be accompanied with a strong zeal such that if others are impervious to our peaceful approach to convert them to our beliefs, we can even resort to violence to achieve that end. History is replete with such examples. One example was shown during the initial propagation of Islam when the Prophet Mohammad actually declared a holy war against†¦show more content†¦This kind of war that partakes of the nature of a cleansing act had its modern version in the Serbian Christians attempt on ethnic cleansing to clear the newly created republic of Kosovo of its majority Muslim population so that the minority Christians of Kosovo could take over. Finally, religion causes war because people of different religious convictions can easily distrust each other. In this instance, there is no attempt to either convert or eliminate each other. Two groups of people or nations go to war against each other because of they have a sense of misgivings for each other that can be traced to their difference in religious convictions. An example of this was the long conflict that had characterized the relationship of the Catholics and the Protestants in North Ireland. There had been no attempt to convert each other. Neither had each religious group attempted to eliminate each other from their geographical enclaves. It had been a war that was waged by two religious groups who had found it psychologically difficult to co-exist simply because they had different religious beliefs. It might be an oversimplification but in a sense, this is how we can characterize the strained relationship between the Christian and the Muslim worlds today. That straine d relationship has found an outlet in what is currently termed the war on terrorism being being foughtShow MoreRelatedDoes Religion Cause War?1463 Words   |  6 PagesDoes religion cause war? Every culture and society in the world has some form of religion. The most popular religions in the world today are Christianity, Buddhism, and the Muslim religions. Other religious sects exist amongst distinct groups. Every religion has some form of philosophy or ideology followed by members. One common thing about the existing religions is the presence of a supreme being. The Supreme Being exists in many names with different abilities depending on every religion. TheRead MoreDoes Religion Cause War?1079 Words   |  5 PagesDoes religion cause war? On this planet Earth, there have been many wars fought over many different things. They can range from freedom, oil, and religion. There were many wars fought over religion. For example, the thirty years war. The thirty years war was one of the major wars fought over religion. It was mostly fought in what’s now Germany. The thirty years war was one of the absolute longest and most destructive, and brutal conflicts in European history. The war was mainly between ProtestantsRead MoreDoes Religion Cause War?1790 Words   |  7 Pagesï » ¿Religion is a cause of all wars, is a phrase which is often heard and said by many. The question here is, does religion really cause wars? It may not be the reason for all the wars that have taken place since this world came into existence but several wars which have been fought in the past and today are done so on the basis of religion. Religious wars are ones which are fought and then justified by religion. These wars can involve one nation fighting against another who have different beliefsRead MoreDoes Religion Cause Wars?1258 Words   |  6 PagesThere is a conventional belief among many individuals that religion is the main cause of the present and past wars inflicting torment within the world. However, many humans fail to see past that belief; they are unable to understand that religion is just a small factor amongst the many contributing to the cause of wars. In fact, religion is merely a tool and an excuse used to hide the need for power and sins of the human nature. Among these factors, it may be the misinterpretation of religious teachingsRead MoreDoes Religion Cause War? Essay1239 Words   |  5 PagesReligion has its shares of promoting violence. Many will argue that a cause of religion wars is for economic and political reasons, but others argue that those who start wars are, by definition, not religi ous. In reality, separating religion out of economic and political motives can be involved in such a way finding religious motives innocent of much. Excuses for Christianity responsibilities cannot be accepted whether the person has misappropriated the message of Christ. The primarily set of doctrinesRead More2- Religion Does Not Cause Wars860 Words   |  4 PagesReligion Causes War. So often is this sentiment heard in the best sellers from Richard Dawkins to Sam Harris that it has almost become a proverb. It is said so often that people believe it without question. But, in fact, religion does not cause war. If you are an atheist, I ask for your intellectual honesty in evaluating this question. You have every right to believe what you will, but we should all be honest and not sling mud where it is not warranted. Laying war at the feet of religionRead MoreEssay on Religion Causes War1486 Words   |  6 PagesRELIGION CAUSES WAR: PROS AND CONS There are many arguments and counter-arguments when discussing the topic of religion causing war. Many critics argue that throughout history, religion has been the single greatest source of human-caused wars, suffering, and misery. In the name of God (by whatever name), more suffering has been inflicted than by any other man-made cause. (Pro Side) Critics on the other side counter that modern secular ideological movements are actually responsible for much greaterRead MoreReligious Exclusivism : A Universal Plan For Eternal Salvation880 Words   |  4 PagesFinding the purpose of life has always been a constant in human history and religions have been the predominant answer to this need for a long period of time. Believing in an all-powerful God therefore being part of a universal plan for eternal salvation requires faith in God and the following of his message contained in a sacred text. However, a common theme among scriptures of various religion is the clear division between †Å"the chosen ones† and the â€Å"not chosen ones† depending on our stance aboutRead MoreReligion And The Islamic State Of Iraq And Syria1729 Words   |  7 Pagesdebated. There is much debate on whether religion is the cause of the wars we are fighting in this modern day. The most current terrorist group today is ISIS or The Islamic State of Iraq and Syria. They are oppressing and destroying their fellow Syrian’s and Iraqi’s and they are spreading alarm and panic across the world with their violence and destruction. ISIS is a Muslim society, which paints a negative picture on the religion, but they are extremists. ISIS does not speak for the Muslim society andRead MoreCan Religion Be A Cause Of War?1559 Words   |  7 PagesCan Religion be a cause of War? For centuries religion has impacted the world greatly, having an influence amongst people and their society that cause them to behave in certain ways. Throughout history religion has played a grand role in undertaking the parts that have structured many positive and negative effects in the world. People have been killed for what they believe, and people have as well killed in the name of their God. Religion has been the motivation and reason for many people to make

Movie Analysis Cat Walk Across The Country - 2040 Words

Ariel Talley Authors and Genres Final Paper Cat Walk across the Country INTRODUCTION________________________________ Over time society has tried to find ways to portray the queer community through film and most times have been scrutinized for its inaccuracies. The portrayals have varied from flamboyant, to outcast, to victims, to social deviants, however in the film To Wong Foo, Thanks for Everything. This film gives the notion of liberating queers by openly expressing who they are, dressing how they want, assisting heterosexuals in their relationships, when it comes to couples getting and staying together, giving good advice and just being overall helpful. This portrayal seems to representing the queer community fairly well beings†¦show more content†¦But sometimes, breaking a stereotype doesn’t go quite far enough, and the issue can be a little more complicated than merely determining whether or not a character is represented in a positive or negative way. QUEER/LGBTQ_______________________________________ The word â€Å"queer† has been somewhat controversial for many years, and is sometimes used to reject people from a subculture. A Marxist approach to language and culture begins by understanding the words and their importance. For instance hate speeches using words such as nigga and cunt legitimizes racism and sexism: these words are used to demean black people and women, in order to make them feel less of a human. In some situations, some socialists have used the word â€Å"queer† to label themselves, for example in the discussion, â€Å"The Fight for Queer Liberation Today† at their own Marxism event held back in May 2011. The term LGBTQ, standing for Lesbian, Gay, Bisexual, Transgender and Queer or some sources say Questionable for example, have stemmed from political changes. From previous rejections of narrowing identity politics of just the standard Gay there has been a move to include people that acknowledge themselves as bi and trans for example. This is a complete opposite approach compared to the â€Å"reclaiming† of words such as queer, or â€Å"slut† that was used in the â€Å"SlutWalk† protests a couple years ago. The assumption is these changes in language have an

How Your Personal Preferences Attittudes Cannot Influece Others free essay sample

Everybody, no matter who they are has freedom of choice, personal preferences, respect for others choices and preferences should be shown at all times. As they have had a deferent upbringing than me here are a few examples: It is most Important to remember that my own preferences are different to others and that I can never expect others to think, act and feel the same as I do. For example, I Like to bath at night and shower In the morning but some of my residents really hate the Idea of being showered, washed or bathes even once a week.I have to respect their echelon but at the same time, I need to encourage them to malignant a healthy and clean state of mind and body. I In cases will try and spend more time encouraging the client that they will feel better and not try to tell them how I feel when I am clean and fresh. We will write a custom essay sample on How Your Personal Preferences Attittudes Cannot Influece Others? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I have residents that Like to go to church service on a Friday or a Sunday; I do not respect religion even though I was brought up In a religion. However, no matter what my feelings are on the matter I should not push my views and feelings on them and discourage them to go, they have a belief and I should show respect hem for it and I should be encouraging them to go by taking them if they need it. Religion affects people in many different ways mainly because we all come from deferent backgrounds and were all taught differently. It is therefore very important to respect and honor their personal beliefs, others do not want to speak about church at all and I must respect the fact that they do not want to speak about anything about the Church.It is part of the work that I do, I ask about their beliefs and keep an open mind and to make sure my clients are happy and therefore are unconscious at all times that, they feel comfortable about anything they want to talk to me about. Another example is that I am a vegetarian, I would not tell a resident they are in the wrong to want to eat meat Just because I personally feel it is wrong, I should have to keep my opinions to myself, unless the individual asks me about why I chose to be a vegetarian but even then I wouldnt make it a n issue.I should also not refuse to give a resident, for example, a ham sandwich, if that is what is requested then that Is what the resident should get. I am also a great believer In fitness and had the chance to run the gym at chilliest, I tried to encourage as many as I could to attend as I believed it would help their mobility and be a good social activity. All were welcome no matter what their disability, there was different selectmen available to all, for Instance we have a bike suitable for those with strokes.Although allot of residents did not think they could exercise I showed those that were willing to, that they could use the gym, and this helped them realism they could achieve something that helped heir mental health as well as the physical, also It encouraged them to socialize as this Is an Important aspect In life. But I also had to respect those that wouldnt try It, some wont even come out the flats, but all I can do Is encourage and not to force anything on them.CLC How Your Personal Preferences Attitudes Cannot Influence Others By depression have had a different upbringing than me here are a few examples: It is most important to remember that my own preferences are different to others and that I can never expect others to think, act and feel the same as I do. For example, I like to bath at night and shower in the morning b ut some of my residents really hate the idea of being showered, washed or bathes even once a week.I have to respect their decision but at the same time, I need to encourage them to maintain a healthy and clean state of mind and body. I in cases will try and spend more time encouraging and fresh. I have residents that like to go to church service on a Friday or a Sunday; I do not respect religion even though I was brought up in a religion. However, no different backgrounds and were all taught differently.It is therefore very important a resident, for example, a ham sandwich, if that is what is requested then that is no matter what their disability, there was different equipotent available to all, for instance we have a bike suitable for those with strokes. Although allot of residents their mental health as well as the physical, also it encouraged them to socialize as this is an important aspect in life. But I also had to respect those that wouldnt try it, some wont even come out the flats,

Case study for bronchial asthma free essay sample

To rule out other possible conditions — such as a respiratory infection or chronic obstructive pulmonary disease (COPD) — your doctor will do a physical exam and ask you questions about your signs and symptoms and about any other health problems. Tests to measure lung function You may also be given lung (pulmonary) function tests to determine how much air moves in and out as you breathe. These tests may include: Spirometry. This test estimates the narrowing of your bronchial tubes by checking how much air you can exhale after a deep breath and how fast you can breathe out. Peak flow. A peak flow meter is a simple device that measures how hard you can breathe out. Lower than usual peak flow readings are a sign your lungs may not be working as well and that your asthma may be getting worse. Your doctor will give you instructions on how to track and deal with low peak flow readings. We will write a custom essay sample on Case study for bronchial asthma or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Lung function tests often are done before and after taking a bronchodilator (brong-koh-DIE-lay-tur), such as albuterol, to open your airways. If your lung function improves with use of a bronchodilator, its likely you have asthma. Tests and diagnosis By Mayo Clinic staff Physical exam To rule out other possible conditions — such as a respiratory infection or chronic obstructive pulmonary disease (COPD) — your doctor will do a physical exam and ask you questions about your signs and symptoms and about any other health problems. Tests to measure lung function You may also be given lung (pulmonary) function tests to determine how much air moves in and out as you breathe. These tests may include: Spirometry. This test estimates the narrowing of your bronchial tubes by checking how much air you can exhale after a deep breath and how fast you can breathe out. Peak flow. A peak flow meter is a simple device that measures how hard you can breathe out. Lower than usual peak flow readings are a sign your lungs may not be working as well and that your asthma may be getting worse. Your doctor will give you instructions on how to track and deal with low peak flow readings. Lung function tests often are done before and after taking a bronchodilator (brong-koh-DIE-lay-tur), such as albuterol, to open your airways. If your lung function improves with use of a bronchodilator, its likely you have asthma.