Personal Reflection Paper on The Self Essay Example | Topics and Well Written Essays - 750 words

Individual Reflection Paper on The Self - Essay Example My self-idea gets from an entire host of such factors, not the least of which is others' opinion of me. I have consistently had an extraordinary enthusiasm for music and I have an excellent performing voice, which has made me famous with my companions: so I consider music and the capacity of rendering it is a fundamental piece of my self. The familiarity with my sex has driven me to perceive what ladies the world over experience regarding more prominent battles for opportunity and rights. My self-idea in this manner folds over my way of life as a lady as somebody who needs to battle with the ordinary real factors of being a lady, and furthermore includes an acknowledgment of the way that I have a normal appearance. Add to that my way of life as an African-American, and the image is finished in a social setting. Individuals around me consider me to be an ordinary, balanced, normal looking African-American lady and furthermore as an understudy who sings well, thus it turns into a significant meaning of my self-idea in the social setting. My idea of self adds to my confidence, my concept of what I am worth, of what I am fit for adding to the general public, and the regard of decisions and rights that I believe I merit. My singing capacities and my achievements as an understudy give a lift to my confidence, since they bring me acknowledgment and praise in my locale, particularly in my congregation where I lead the ensemble. My confidence lets me perform well and gives me the certainty to move about in a social setting, agreeable in the information that I am affable and welcome. I feel that my achievements more than compensate for my absence of physical engaging quality, and it doesn't fundamentally cheapen my feeling of confidence. My confidence persuades that I can settle on educated decisions about my own life, and for sure reserve all privileges to do as such. In the social field, my confidence encourages me perform at an elevated level of self-viability. In view of my idea of self and confidence, I am ready to frame a gauge of how compelling I am as an individual. There is no delay in endeavoring another test, in light of the fact that my feeling of self-viability discloses to me that I am more than liable to succeed. In my perspective, my feeling of self-adequacy increments if the difficulties have a place with my customary ranges of familiarity, to be specific singing or scholastics, since it is all around acknowledged by people around me and myself that these are the regions I am effectively ready to exceed expectations in. This is the motivation behind why I am open to partaking in network occasions which include singing. One of my soonest and most critical recollections is of being sent in front of an audience by my mom to sing a little psalm at a congregation occasion. After my singing finished, there was boisterous and proceeded with adulation, and I could see the grins of endorsement on the essences of the considerable number of individuals in the crowd which incorporated my folks, family members, companions and neighbors. This gave my feeling of confidence a significant lift, and at whatever point I currently feel anxious about going in front of an audience, I review that second in my youth when I originally heard the commendation of the individuals around me. It gives me a sentiment of ascend in self-assurance, and my idea of self-viability is reestablished: I don't feel anxious or panicky any more and am ready to jump on the stage and

Strategies Of The Sangguniang Bayan Members Of Pakil Politics Essay

Procedures Of The Sangguniang Bayan Members Of Pakil Politics Essay The procedures of chose authorities at the metropolitan level in accomplishing great administration. The procedures of the Sangguniang Bayan individuals from Pakil, Laguna in accomplishing great administration. Throughout the entire existence of our administration, we can be sure that over centralization is one of its most predominant attributes. Indeed, even before the Spanish time up to the American time frame, centralization is a built up some portion of our organization and administration, along with hierarchal qualification which is one of our standard practices which is a piece of the conduct attributes engraved in our way of life and custom. Alternately, we can likewise be sure that nearby self-governance is exceptionally old indispensable piece of our legislature. The barangay or barrio arrangement of overseeing remained, which was later converged with the remote arrangement of government, in spite of the fact that this was not altogether learned and acknowledged by the indiv iduals. Therefore, various laws were defined and instituted to indigenize techniques for overseeing alongside the goal of advancing decentralization of the national government. This decentralization has become a significant pattern to address the publics confident response to the inertness and incapability of the legislature in offering essential open types of assistance. The Local Government Code (LGC) of 1991 was sanctioned after the arrangement in the Article X of the 1987 Constitution which announces that, the State will guarantee the self-governance of neighborhood governments (Brillantes, 2003). The key highlights of the LGC were introduced by Tom S. Villarin in a presentation on the book BEYOND GOOD GOVERNANCE Participatory Democracy in the Philippines (Estrella Iszatt, 2004): award more powers, assets, authority and obligation to Local Government Units (LGUs) to empower them to work with restricted national help; change LGUs into neighborhood arranging units for advancement and imaginative administration; regulate individuals power in nearby administration; advance the interface and joint effort of Peoples Organizations (Pos), Non-Government Organizations (NGOs), and the private division with LGUs through supported associations; advance endeavors and endeavors among LGUs and POs-NGOs/private division; and give measures to upgrade monetary automy of LGUs. Moreover, LGUs assumes a key job in achieving great as well as better administration to the individuals. This better execution is vital on the grounds that these days, chose authorities in their individual LGUs are the ones who are capable in giving answers for the better usage of wellbeing, business, farming arrangements, and so forth. Consequently, inventive methodologies for the turn of events and progress of a specific area/city/region/barangay ought to be kept up and authorized by chose authorities who are equipped, responsible, and straightforward along with the engaged residents that are effectively taking an interest in the execution of these techniques. Planning may imply intensity, a trait that talks about endeavoring to benefit from given conditions, and is a quality which is infrequently found in the nearby government (Sajo, Santiago Joaquin, 1998). However, these days, planning for the advancement of the network has become a pattern in LGUs. This procedure works in the perspective of including each and every individual who is a piece of the dynamic association known as government. Additionally its principle objective is the reformulation of new arrangements of techniques that will apply in LGUs purposes built up on a particular vision and mission, which likewise thinks about the outside and inner states of its condition, and works with the responsibility to all the partners in the LGUs (Sajo, Santiago Joaquin, 1998). Thusly, this investigation will have the option to look at or reconsider the grassroots of good administration in LGUs which will attempt to expound the administration that the national and neighborhood level have b een executing. Thus, LGUs as a component of the expansive political range is as unique as the national government, and concentrating on this little however crucial piece of the general public can guide us to a solid comprehension of administration with legislative issues. The locus of the techniques to be remembered for this paper is on the LGUs essential and second most various segment the district. A run of the mill region offers essential types of assistance for its residents. A portion of these fundamental administrations are upkeep of peace, foundation and observing of wellbeing focuses, giving of business projects to the residents, or more all, the ability to burden. Regions are additionally sorted as far as pay class which will decide certain principles in regards to certain approaches from the national government like the quantity of councilors it can choose and the assigned measure of honorarium or pay the chosen authorities in the region (Wit, 1967). Besides, the event of the eclipsing of the Local Chief Executive (LCE) or the civic chairman to the next chosen authorities serving in a district is truly recognizable, which is like what's going on in the national government. The LCE dominates the authority of the Sangguniang Bayan (SB) directe d by the Vice-Mayor which comprises of the civil councilors, the Association of Barangay Captain (ABC) president, and the Sangguniang Kabataan (SK) Federation president. All things considered, a region can straightforwardly introduce approaches that need renewal, reconsideration, reengineering and most exceedingly terrible, pulverization for the improvement of the whole Philippine state. To represent further the elements of LGUs and its chosen authorities systems, this paper incorporate some genuine occasions which is occurring or has occurred in a specific region in Southern Luzon known as Pakil. This can be perfect delineation which will be an extraordinary assistance in following the underlying foundations of administration in the LGUs, and it can likewise uncover some genuine techniques that were being utilized by chose authorities. Pakil is a fifth class region which is a piece of the fourth region of Laguna. The status of being a fifth class district implies that it has an insignificant wellspring of salary, with only a suitable land region involved by its little populace. This region is fundamentally a farming based semi-urban locale situated between the Sierra Madre mountain range and Laguna de Bay. Additionally, this district is partitioned into 13 barangays, 6 in Poblacion (Silangan) while the other 6 are a piece of the Barrio (Kanluran), and a little barangay situated at the Sierra Madre mountain go. Additionally, a piece of the Laguna de Bay isolates the Barrio into the town legitimate (Poblacion) of Pakil, and that partition of Pakil among Silangan and Kanluran for the most part brings about debates among the chosen authorities who are a piece of the SB. Collusions of individuals dwelling in those two better places is available in the SB. These questions are can be established from the democratic conduct of the individuals from the two pieces of the district. Silangan has less populace of voters than Kanluran, and those voters from Kanluran consistently square democratic. This aggregate conduct had been seen as one of the premise of SB individuals in managing issues for the advancement of the two Pakil. Additionally the help from the LCE is a critical factor that can decide the result of the issues that will be address by the SB. Hence, the procedures of SB individuals for the turn of events and progress of the region have been noticeably or inconspicuously influenced by the di vision of their inclinations, the democratic conduct of people in general, and weight from more significant position authority. The chosen authorities at the metropolitan level basically center around their obligation and capacity in the coordination and conveyance of essential, normal and direct administrations and compelling administration of the occupants inside its regional purview (Sajo, Santiago Joaquin, 1998, p.12). The planning and conveying of essential open administrations is as of now a given capacity that should be cultivated by those chosen authorities. In any case, being a chosen official in a specific zone, an individual isn't only responsible in playing out the obligations ascribed with his activity, however there is additionally a requirement for a real and open relationship with the occupants of that zone to straightforwardly address their issues, issues, and concerns. Likewise a chosen official is required to be acquainted with the regional purview of the region. Each road and sitios along with all the occupants of spot inside its purview must certainly affect the authorities strategy for t he general improvement of the region. Anything that the chosen authorities settle on that includes any city topic will influence the region all in all. On account of the region of Pakil, a specific SB part in spite of the fact that from Silangan, aside from serving and performing his responsibility in the civil lobby as the official of the day and beside leading board of trustees gatherings, likewise make sure that he has an opportunity to visit and arrange with the individuals on the two spots. By having the option to do as such, he would need to make a trip just about 10 kilometers to connect with the individuals in Kanluran. In spite of the fact that tedious, through this methodology, that SB part advances an imaginative and direct data gathering procedure which is a piece of the participatory vote based system arrangement of administering. By hearing out the necessities, concerns, and proposals of the individuals, the SB individuals can organize a specific issue they should address. They can conceptualize and make an extremely thorough and explicit answer for the improvement of the circumstance of the individuals. This SB indivi duals procedure is a powerful and inventive method of including residents in nearby administration. Through this sort of data assembling, the chosen official opens another way drawing closer and noting the necessities of the individuals, which can assist them with dissecting a specific issue or emergency and think of a decent game plan that will prompt the turn of events and progress of the region

Trade and labour standards Thesis Example | Topics and Well Written Essays - 500 words

Exchange and work guidelines - Thesis Example Realizing this issue inside the system of WTO would demonstrate the upgrade of working conditions far and wide. The proposed working gathering would be answerable for considering the exchange and center work principles. Many creating just as some created nations anyway contend against this suggestion on the grounds that such center work principles ought to in fact not be a piece of the WTO. Creating countries’ agents contend that such strategies may oppress the similar bit of leeway of the lower wage in creating countries. Truth be told the improved working conditions as indicated by the fundamental work guidelines require high scale upgrades in the foundation of the working environment which is regularly not helpful for a creating country. In a creating country with moderately lower financial development such implementations of gauges would realize neediness and some pass of time in improving working principles. The impulse to adhere to the work gauges and the need towards wo rk showcase adaptability cooperate to bring out fights and non-helpful methodology of the laborers particularly in countries where political structures supported some voice to the laborers.

Paper Writing Services For College Graduates

Paper Writing Services For College GraduatesThese days, hiring a paper writing service for college is an absolutely necessary thing. This is because there are simply too many companies out there that offer to do this for free. You may be surprised to know that most of these companies are not qualified to handle such a job.A college student or a post-graduate student are at a tremendous disadvantage if they do not hire a good paper writing service for college. If you want your college graduation to be perfect, hire a reputable company to do this job for you.Paper writing services for college students include letter writing, essays, and portfolio writing. To make sure that your degree from a top-notch school and a top-notch company goes to the best possible destination, you need to employ the services of a paper writing service.There are different levels of paper writing services. Depending on the kind of paper you will be writing, you will have a level of services you will need to pay for. If you are hiring a company to write a portfolio on your behalf, you will need to pay a higher level of paper writing services.Some companies will even come to your home and bring your portfolio, give you directions on how to use it, and give you tips on how to take care of it. In most cases, you do not need to hire a company at all.If you are taking your class online, there are always opportunities to submit your assignments electronically. If you have email clients, you may be able to create an account to send your assignments directly to the company.If you are choosing to go the traditional route of hiring a paper writing service, you will need to let the company know what kind of paper you are expecting. A diploma is not like an essay. In addition, when you hire a paper writing service, you may even be able to give the company notes and suggestions on how to make the job easier.

Essay media - 1248 Words

Media Standard Today’s society is centered on media rather it be broadcasting media, print media, mass media, or social media. Media is the center of it all. The media is our way of staying up to date on the latest news, passing and receiving information, basically keeping our lives in motion. The media has the ability to create social norms. One social norm that rubbed writer/director of the documentary â€Å"Miss Representation† Jennifer Seibel Newsom the wrong way was the misrepresentation of women in the media. The main claim or argument behind â€Å"Miss Representation† is that woman now days are being judged only on their appearance rather then their knowledge, achievement, and or power. This social norm has affected women of all†¦show more content†¦Meaning ten hours a day the media is influencing teenagers. The media has created its own standard of beauty, so when teenage girls spend ten hours a day focusing on media they see that a vast majority of them don’t live up to media’s standard of beauty. Newsom points this out because in the documentary you see three different clips of three half naked, beautiful women lying down, washing a window and serving a male food at the breakfast table.(INSERT CITATION) Newsome suggest those clips right there leads to girls being very insecure about their looks and bodies which leads to losing confidence in their ability because they believe their value is solely based on their looks. To capture the attention of the younger audience, Newsom interviewed teenage girls. One girl talks about the fact that when she was in fifth grade she was worried about her weight. Now in ninth grade she says she is still worried about her weight.(INSERT CITATION) Here, Newsom suggested she being concerned about her weight at such a young age is the influence of media. Another girl says â€Å"it’s all about the body, not about the brain (INSERT TIME FOR CITATION) The documentaries argument then targets the medias effect on women in power, specifically women in politics. One example of how media has affected women in power is shown in a clip with former governor of Alaska, Sarah Palin. The clips is Palin being interviewed live on fox news, Palin is asked, â€Å"Breast implants, did you haveShow MoreRelatedMedia, Poor, And Media845 Words   |  4 PagesIt s an interesting world we live in when comedians such as Jon Stewart are more trusted to give truthful, adequate information rather than news outlets and the media. What seems like a curious predicament is really nothing more than the creation of a monetized media, the value of a persons interest in a headline. In Media, poor ethics and sensationalism caused by greed have led to unfortunate effects such as misinformation, idolization of celebrities, and reduced credibility of news outlets asRead MoreMedia Panics981 Words   |  4 PagesA media panic or often referred to as a moral panic, i s a term that describes how the media is formulating issues amongst our society. Over time, our culture has shifted and caused for many conclusions regarding media panics and the relationship between youth and the media culture. Based upon previous knowledge and course readings, I have drawn a very disturbing conclusion; this being that no matter what age, children are willing or non willingly now under surveillance to determine what kind ofRead MorePrint Media And Digital Media1740 Words   |  7 PagesThe print and the digital media have been in the forefront in acting as the social mirror reflecting on what goes on in the society. Thus when it is said that the print media is dead it becomes quite disturbing because traditionally it is known as the only tool that people have come to trust to deliver information in a holistic manner. Well, in the advertising world, it is assumed that the more the products are displayed in pages of magazines and newspapers; they are bound to be so ld more becauseRead MoreThe Impact Of Media On New Media1313 Words   |  6 Pagesreceived information and news through paper-based media,like newspapers,magazines and books.Owing to the appearance of mobile phones and IPADs,people can look through news easily and conveniently,paper-based media need to innovate and reform.This assignment will present the status quo of paper-based media,it will explain the combination of new media and paper-based media,the significance of paper-based media innovation. McLuhan Marshall said that media are the basic motivation of social developmentRead MoreMedia Influence Mass Media795 Words   |  4 PagesMass Media and the Influence on America and Television By. Mozelle Jones HUMANITIES In real life, we are in Mass Media and we did not even know it. Everything from you learning to just leisure involvement. The cultural products that influence mass media and has taking part is Net Flix. It has made an impact on the movie business where television can be used to see movies and mass media. Television still has an impact on cultural meanings. It shows us the news, ads, and movies that changeRead MoreMedia And The Media Industry1465 Words   |  6 Pagesformulate a reply to your comments about media course, Television Production which I’ve chosen to study. Media courses have been taught at U.K universities for over thirty years and vary from practical to academic studies, but one thing is for sure, they have evolved over time as the media industry has changed considerably. I understand you have major reservations about my choice of course, as this isn’t traditional degree, it’s worth noting that the media industry generates  £8 million an hour inRead MoreMedia And The Global Media1417 Words   |  6 Pagesbringing about the global media order. The first of these five shifts is the increasing concentration of ownership. This means that the global media is now dominated by a small number of powerful, centralized media conglomerates. Sociological theories of the various forms of the media shows us that they can never be assumed to be politically neutral or socially beneficial. For many people the key problem is the increasing concentration of ownership of different types of media within large conglomeratesRead MoreHow Media Affects The Way Of Media Consumption2434 Words   |  10 PagesSummary The research conducts that how extent media are consumed by the contemporary immigrants, who is from East Asia, in London and how they perceive their nation’s news, Britain’s news and International news via certain media. Method of research is one to one interview followed by questionnaires, as well as additional oral questionnaires. Results of interview show that four of five interviewers usually check their nation’s news while do not check Britain’s domestic news. In addition, even theyRead MoreMedia s Influence On Media1014 Words   |  5 PagesThe way that diasporic audiences use media products to give them a connection to their country of origin has been a topic of research for many scholars. The increasing ability to stream content online allows people to keep the same routine in watching content and to watch content which they can relate to and see themselves reflected in, often unlike the content on in their new home country. Online news allows pe ople to keep up with current events and look out for events that may affect the ones theyRead MoreMedia Bias And The Media1042 Words   |  5 Pagesor the method for reporting them is termed as Media Bias. It is some of the time said that media tailor the news and as opposed to introducing the truths it shows different purposes of perspectives and sentiments. Media inclination is pervasive or broad and it defies the guidelines of news-casting. Media Bias is seen in just about all the nations on the planet and the bearing and level of its effect differs. Some of the time the impediments of media may likewise be translated as inclination. Such

What Makes A Business - 926 Words

Majoring in business can be quite amusing because your able to work in almost any business whether it’s in the stock market industry, fashion industry, Design industry, or even technology industry. So why study business? Well there are many different business degrees to choose from, offering different benefits and specializations to people with different career goals and people who are also developing at different stages. I believe that business people always strive for being transparent because no business person likes to be duped or surprised. When a person in the business industry plan goes wrong; they must admit and try again. In other words, say what you do and do what you say. It’s important that you learn from your mistakes. That†¦show more content†¦Apple’s navigation on their products (IPhone, IPad, Apple Watch, and MacBook Pro) is just so simple and it’s not confusing at all because it looks all the same on every product. When itâ€℠¢s your first time owning an Apple product, yes it can be confusing at first however, you become addicted to it. I really enjoy how everything is connected through ITunes. All of my messages, pictures, and notes are in every device making it less stressful for me because I can easily pull anything up. Also Apple released Apple Music about a year or two ago. It’s way better thank Spotify and any other music stream. Its $9.99 monthly but if you’re a student you get a discount which drops down to $4.99 monthly. Apple has ventured in software’s and of producing the famous multimedia software’s and iLife. Apple’s products are defiantly more expensive than Microsoft. A MacBook goes for about $999.00 Starting without taxes. If any of your apple products get damaged, you can’t just have anyone fix it. Most likely have to go to the Apple store to get it fixed and if you don’t have warranty or insurance you’ll have to pay out of pocket . Trust me it’s not cheap. â€Å"Our vision is to create innovative technology that is accessible to everyone and that adapts to each person s needs. Accessible technology eliminates barriers for people with disabilities and it enables individuals to take full advantage of their capabilities. released by Bill Gates, Chairman, Microsoft Corporation.Show MoreRelatedWhat Makes A Business?1434 Words   |  6 Pages1. Effective business people realize that the soul of their business is found in making the correct associations. Regardless of whether it is for potential business partnerships, deals, promoting, inventory network administration or just to get away from the dejection of being an entrepreneur, making associations is key for business development. â€Å"Even Sigmund Freud would admit that both dreams and words could have various meanings. As with all words and dreams, they come with both good and bad connotationsRead MoreWhat Makes A Business? Essay731 Words   |  3 PagesH1 Let Us Help Get You Off the Ground with Our Professional Business Establishment Accountants Operating in Box Hill Creating a business can be a hard task – Acumen want to help your business grow so that you can be comfortable with your finances and live flexibly. We want to help you with the difficult financial matters so that you can focus more on building your business and you can rest assured that our highly professional team of accountants will provide you with a personalised service that willRead MoreWhat Makes A Business?1707 Words   |  7 PagesWith change being so spontaneous, unsteady and frequent, it is extremely important that marketers and all businesses focus on the factors leading to consumer behavior in order to best understand consumer insights. Failure to do so can only hinder a business because marketers will fail to know how to properly engage and connect with their potential consumers, which can trigger negative long-term effects. By understanding why and how customers react to a certain way and how their perceptions are shapedRead MoreWhat Makes A Business?1950 Word s   |  8 PagesLaunching a business can be a costly thing to do and bootstrapping an effective way to manage these costs. This guide will explain to you what bootstrapping is about and provide you the resources to cut down costs without sacrificing the quality when launching a business. What is bootstrapping? To find the truly great tools for bootstrapping, you must first understand the essence of the practice. What do we mean when we talk about bootstrapping? According to Investopedia, a bootstrap is: â€Å"A situationRead MoreWhat Makes A Business?856 Words   |  4 PagesIn every organisation, large or small, be it a multimillion pound business to a sole trader, change is inevitable, it is an essential part of every business to allow for the organisation to be a better and successful business by updating their means of structure and moving forward with the developments of the world which are increasingly complex and possibly untested. This can be, for example, technological, economical, or even cultural changes, however there are major trends, one of which are shapingRead MoreWhat Makes A Business?950 Words   |  4 Pagesunderlying systems needed to run devices that control networks. Based on the criteria given salary and passion are the most important factors for me when it comes to a career. However, passion is a slightly more important because as long as you love what you are doing, you will find happiness no. Which is why salary is rated 30 percent, while passion is rated 35 percent. Location is the next vital aspect, because depending on your location your salary can differ, which is why location is weighted 20Read MoreWhat Makes a Successful Business?1568 Words   |  7 PagesWhat Makes a Successful Business? Posing a question like what makes a successful business can be like the parable of the four blind men describing the elephant - all the perceptions are accurate, but they arent the full picture, and none really stands up on its own. The fact is that the elements that go into making a successful business are many, varied, and often industry/niche specific. Therefore, in order to deliver a small treatise on what it is that makes for a successful business, it isRead MoreWhat Makes a Business Successful?1072 Words   |  5 Pageswork in a corporate office. My major is Business Management, in which I am fascinated. I feel this research will help me understand my chosen career path better. I am familiar with the structure, policies and procedures within the corporate world, but I know there is more to a successful business than just what is seen on the surface. There are many aspects of a business that make it profitable and successful. If you have one person with a great idea you can mak e it successful. With our ever changingRead MoreWhat Makes A Business Owner?1317 Words   |  6 Pagesboss I mean business owner, would be the greatest thing ever. Most think you get to pick your own hours, make the most money, and make everyone do the things you want done. Of course there is work involved and it takes work to make it but the rewards will be better owning a business that succeeds. The ultimate goal is becoming a millionaire and retiring at the age of forty and just drawing money from business production. However they really don’t understand the work it takes to make it a millionRead MoreWhat Makes A Successful Business?1136 Words   |  5 PagesTo manage a successful business, one must understand the importance of bringing diversity into the workforce. To be able to obtain knowledge and strength from others individual traits shows deep facets in character. These traits show when working with individuals of many cultures and backgrounds in the workplace. A leader who has this ability can handle everyone uniquely and ethically and is in tune with what differentiates one associate from the next. Once one has a grasp on who they are then

Contemporary Accounting Theory Regulatory Framework

Question: 1) Investigate and write a brief history of the IFRS. 2) Select any country and report on its current accounting regulatory framework and its progress towards standardising on IFRS. Answer: Introduction Accounting theory is a set of methodologies and assumptions that are used in the application and study of the financial reporting principles. Generally, the study of the accounting theory includes review of both the ways in which accounting practices are changed and are added to the regulatory framework as well as the historical foundations of accounting practices. This helps to govern the financial reporting and financial statements. All the theories that are associated with accounting are bounded by the conceptual framework of accounting. The Financial Accounting Standards Board provides the framework and works to establish and structure the main objectives of the financial reporting by both private and public businesses (Glover Werner 2015, pp. 113-131). Moreover, accounting theory is considered as the logical reasoning that helps in evaluating and guiding the accounting practices. Additionally, the regulatory standards of accounting theory also help in developing new accounting procedures and practices. Therefore, International Financial Reporting Standards (IFRS) have been structured as a universal language for businesses such that the financial records of the organizations are easily explicable as well as analogous across international limitations. 1. A Brief History of the IFRS In the year 1973, the organization named International Accounting Standards Committee (IASC) was established in order to deal with the requirement for the principles that can be utilized by the minor countries for developing their personal standards of accounting (Markelevich, Riley Shaw 2015, p. 8). Moreover, in the year 2001, this particular cluster was thrived by the International Accounting Standards Board (IASB). The basis of IASB is in London and it is a standard authority for setting the private sector for both non-profit entities and non-government entities. On the basis of the background of various countries and their technical skills, all the fifteen members have been selected. It has been found that four out of the total numbers of associates are American and only two among the sitting associates are constantly as part-time. The activities related to fund raising mainly help to fund the IASB. However, one of the challenges or issues that are faced by the body is the conve rsion to IFRS and it makes sure that the IASB possesses a constant basis of fund generation for the prospectus activities. The main aim of the IASB is to propagate the IFRS. It has been found that in the United States, the structure of governance is much alike to the Financial Accounting Standards Board (FASB) and the IASB directly responds to the Foundation of IASC. It has been noted that with the growth of the international markets, the longing of the international corporations for single set of financial declarations and the requirement for single international language for reporting, the IASB and the FASB concerned the Norwalk Agreement in the year 2002. This particular agreement indicated that their assurance to establish a solitary set of elevated quality standards that would reduce the expenses, raise rate of effectiveness and offer superior and detailed information and data to the investors. In the starting of the year 2005, the European Union (EU) needed its listed organizations to organize the combined financial statements underneath the IFRS. During the year 2006, the IASB and the FASB got on several numbers of combined chief ventures (Ionascu et al. 2014, p. 311). The Securities and Exchange Commission (SEC) undertook two activities throughout the year 2007 and hastens the timeframe of the modification from the GAAP to the IFRS (Borke r 2013, p. 167). Then in the month of November of the same year, the SEC Final Release considered overseas filers in the U.S. in order to develop for submitting the financial declaration as per the IFRS devoid of settlement to the GAAP. Then a Concept Release was subjected by the SEC in the month of December in order to seek feedback on allowing all the public companies of U.S. to consider the option of using IFRS as an alternative of GAAP. It has been found that when the AICPA Council modified the Rule 203 of the Code of Professional Conduct in the month of May of the year 2008 in order to identify the IASB as a global standard of accounting setter, then all the private companies along with the non-profit firms were provided with the alternative of following the IFRS (Jones 2012, pp. 112-126). At present, the IFRS is composed of nine IFRS and forty-one IAS and some of them have been outmoded. A strict code of due diligence along with the FASB has been employed during the process of promulgation. It has been found that nowadays, more than 12000 companies have adopted the IFRS across the world i.e. in around hundred countries (Nobes Stadler 2013, pp. 573-595). These particular nations either permit or require IFRS on the source of the preparation of the financial announcement by the public companies. The nations which have already adopted the IFRS are Australia, Israel, New Zealand, the European Union States and Canada. On the other hand, the countries which are in the process of adoption of IFRS include Japan, India, Nepal and many more. Therefore, in a summarized way, it can be said that the International Financial Reporting Standards are the interpretations that are based on some principles and standards that have been incorporated by the IASB as a framework for the international financial reporting (Pacter 2015, p.13). In other words, it can also be said that the IFRS is the guideline that are followed by the international companies for preparing their financial statements. It was formerly known as IAS (International Accounting Standards), however in the year 2001 the IASB took the dependability for locating the IAS. From then onwards, the IASB has been continued in order to establish the standards that are known as IFRS. It has been found that about 120 nations and reporting authorities entail or permit IFRS for the domestic listed businesses, although around 90 states have wholly conformed to the IFRS as propagated by the IASB (Smith, Boje Foster 2013, p.27). This also includes a statement of acknowledging such conformity in the report of audit. 2. Current Accounting Regulatory Framework For studying the adoption of the IFRS, the country India has been selected and along with the progress of adoption of IFRS towards its standardization, the current accounting regulatory framework of India has also been studied critically. It has been found that within the country India, the accounting regulatory framework that has been currently implemented is the Accounting Standards (AS). As per Evans Kamla (2016, pp. 126-139), India requires major improvements in the present Accounting Standards of the country. It has been found that over 100 countries in the worldwide require change and many of the nations are in the way of replacement and acceptance of the standard. This is generally based on two concepts and the principles are primarily based on accrual and going concern. Opined to Cotter (2012, pp. 52-78), its framework is qualitative and it can be characterized as relevance, understandability, comparability and reliability. Indian Accounting Standards are a set of principle s of accounting that are indicated by the Ministry of Corporate Affairs that are converged with the IFRS (International Financial Reporting Standards). It has been found that the principles of accounting are formulated by the countrys Accounting Standards Board of Institute of Chartered Accountants. Presently, India has two sets of principles of accounting; these are principles of accounting under Companies Rules, 2006 and the IFRS joined with the Indian Accounting Standards. It has been noted that as per Marulkar et al. (2013, pp.125-142), the convergence towards the Global Standards is required as the last decade has resulted into a huge change in the international economic scenario. The emergence of the corporations in search of money not only for the growth of fuelling rather also to sustain the currently occurring activities has raised the capital from all parts of the world cutting across the frontiers. According to Srivastava Gupta (2014, p. 7), each nation has its own sets of rules and regulations regarding financial and accounting reporting. Thus, every organization should follow all the accounting and financial rules of a particular nation especially when it expands its business to other overseas countries. Therefore, it has been found that the international investors and analysts generally prefer to compare the financial statements on the basis of similar accounting standards. Thus, this willingness of the international investors and analysts of implementing international standards of accounting and financing supports the growth for an internationally accepted set of standards of accounting for cross border filings. In addition to this, the harmonization of the financial reporting will help to increase the confidence level of the investors and this will make them able to use their decisions and also to assess their risks. A high demand was recognized by the legislation in order to bring in rationalization, uniformity, transparency, adaptability and comparability in the financial statements. Thus, a better way can be suggested to get rid of all the issues faced by various methodologies of standards is to have one set of international standards of high quality that are set in the interest of public. Opined to Ahmed, Neel Wang (2013, pp.1344-1372), with the passage of time, it has been found that the feel for the need of the convergence with the IFRS by the Indian businessmen and accountants increased constantly. In addition to this, it has been noted that the capital markets provide a vital explanation for the change that take place. The accounting standards that are accepted internationally becomes the language of communication for the companies of India. In order to bring the Standards of accounting of India at par with the IFRS/ IAS, some of the prior Accounting Standards and Guidance Notes have been revised. Nevertheless, currently, the Accounting Standard Board along with core group composed by the MICA (Ministry of Corporate Affairs) with the aim to convergence the Indian Accounting Standards (IFRS) has decided that two sets of separate sets of Accounting Standards should be prepared. These include firstly, Indian Accounting Standards converged with the IFRS and secondly , the present Accounting Standards. According to Agarwal (2015, p.92), it has been found that after the enactment of the Companies Act of the year 2013, the Ministry of corporate affairs has transferred its goals on rolling out international standards of reporting for the companies of India. The ministry intends to implement the IFRS with the organizations that have a net worth of more than Rs 1000 crore from 1st April 2015. Secondly, both the unlisted and listed companies having a net worth of more than Rs 500 crore but lesser than Rs 1000 crore will have to converge with the IAS from the beginning of the financial year 1st April, 2016. As per Mishra Aggarwal (2014, pp. 152-169), the IFRS has been put on the back burner by the countrys government as per the provided issues highlighted by the corporate and unsettled issues of taxation. Opined to Landsman, Maydew Thornock (2012, pp.34-54), the implementation of the IFRS is expected to cause some disturbance in the finances of the companies in the initial stage as the standards for protecting the real value of the assets. According to Kamath Desai (2014, p. 25), various sectors like real estate and banking might be hit. As per the result of the sector-wise study that has been conducted by the Institute of Chartered Accountants of India, it has been found that all the Indian companies which have been listed overseas presently prepare the financial statements according to the International Standards. However, it has also been noted that the banking companies might exempt from the implementation of the IFRS. Lastly, it has been found that in the beginning of the financial year 2017, the relatively smaller firms should require to prepare their accounts according to the International Standards. As rightly stated by Reddy Desai (2015, p. 7), the primary sectors that might be affected include finance, oil and gas, infrastructure and telecom companies. More than 100 countries have already accepted the IFRS, but the country India has congregated its st andards of accounting with the international standards of reporting. At present, the countries like the U.S., India and Japan are considered as the primary economies which have not adopted the IFRS. On the other hand, the countries like Russia, Brazil and Canada switched over to IFRS in the last year. As per Singh (2014, pp. 79-87), the implementation of the IFRS has both positive and negative effects on the financial and accounting regulations of the country India. The shift of the accounting and financial regulations to IFRS is not only a technical accounting exercise, rather it is an exercise in the change management that offers various opportunities for the process of improvement. It has been found that the shifting of the accounting standards generally provide offers to the companies regarding their improvement in various ways. Firstly, the implementation of IFRS might reshape the systems of management reporting in order to manage both the financial statement and accounting generation. This also provides leadership to the company with important information. Secondly, the implementation of IFRS in the companies of India might improve the disclosure to the investors, analysts, stakeholders and regulators regarding the financial situation, results and other indicators of perform ance of a particular firm. Thirdly, this implementation of IFRS within the organizations might also improve the metrics that are used for evaluating the executive performance as well as the company performance. Fourthly, the IFRS implementation benchmark itself alongside its worldwide peers. Fifthly, it also ensures all the team members of finance regarding having training, skills and knowledge that are required to perform their roles accurately. Lastly, the incorporation of the IFRS makes the accounting policy choices which are aligned with the worldwide industry practice. Opined to Yadav Sharma (2012, pp. 59-86), the adoption of IFRS by the corporate of India is considered as very challenging as well as also rewarding at the same time. The corporate of India is expected to harvest important advantages from adoption of IFRS. On the other hand, the experience of the EU focuses various perceived advantages due to the outcome of adoption of IFRS. Moreover, most of the financial statement preparers, investors and auditors agreed that implementation of IFRS has improved the quality of financial statements and it was also considered as a positive development for the financial reporting of EU. Conclusion Therefore, it can be concluded that there is an urgent requirement for addressing all the challenges and should also work towards entire adoption of the IFRS in the country India. The important requirement is to develop an adequate IFRS skills and the expansive knowledge base amongst the accounting professionals of India in order to manage the translation projects for the Indian corporate. This can be performed by leveraging the experience and knowledge that have been gained from the IFRS conversion in other nations. It can also be done by implementing IFRS into the curriculum of the courses of professional accounting. Finally, it can be said that it is crucial for the Indian corporate to make their attentiveness better for the adoption of IFRS and to get the process of conversion correct. The present condition of the market and any restatement of the outputs due to minor errors in the process of conversion might be detrimental to the organization that is involved and might also dama ge the confidence of the investors in the financial system severely. 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