Relationship Between Nel And Sula in Toni Morrisons Sula Essay

Often in nature organisms rely on one another to survive. Relationships in which each partner gives equally are called symbiotic. The two partners live harmoniously along side one another depending on each other but still have the ability to stand and act alone should they need to. However, these perfect relationships do not always exist. Sometimes, certain organisms take more than they give and as a result the other organism suffers. Those that do this are called parasites. In Toni Morrison's novel, Sula, Sula Peace and Nel Wright demonstrate a symbiotic relationship gone awry. The two start off learning from each other and giving to each other equally, but as they spend more time together Sula seems to thrive and Nel seems to wither away. The relationship does not continue in this manner for Nel realizes that in order to survive she must remove Sula from her life and reverse the negative effect of their relationship. Using the relationship that she develops between Nel and Sula, Morrison implies that codependence can be compromising to oneself, suggesting that if one cannot stand on their own the result will be fatal. The relationship between Nel and Sula begins during their adolescent years. Though they are complete opposites, they seem to work well with each other, depending on one another for comfort and support. The two spend almost all of their time together, learning from one another and growing as a result. They take solace in the presence of one another, finding comfort in what the other finds bothersome and using the lifestyle of the one another to compensate for their shortcomings. When Sula first visits Nel's home, "Nel, who regarded the oppressive neatness of her home with dread, felt comf... ...ly, but surly, die. There are only two possible outcomes yielded by a parasitic relationship: the death of the host or the death of the parasite. In the case of Sula and Nel the latter is what results. Realizing that Sula was doing nothing but taking, Nel decides to end their relationship. Without it, Sula is left feeble and on the brink of death. In the absence of her host she has nothing to depend on for she has never learned to live and stand on her own. Even after Sula draws her last breath her thoughts are still with Nel. In the case of Sula, Morrison uses death as an extreme consequence of dependency. When looking at the characteristic differences between the two she seems to suggest that one must be able to stand alone before they can support anyone else. Works Cited Morrison, Toni. Sula. 1973. New York: Vintage International, 2004.

Camel Rider Story

Sometimes the characters in a story are trying to get away from something. In other stories they may be trying to find something. Are the characters in Camel Rider running away from something or trying to find something. Characters running away or trying to find something occurs in most stories. Camel rider combines both as each character is doing something different. There are 2 main characters in Camel rider, two boys, one called Adam who is from Australia and one called Walid who was sold as a slave by his parents then got abandoned.Many many stories have characters running away or trying to find something. The characters have reasons why they run away/find something. The characters in most stories run away since they’re scared or somebody is chasing them. Finding something would mean that the characters have some relation to it and it is important. The â€Å"something† could be someone or an object. Most stories there is a complication such as they’re lost, s eeking revenge, scared or afraid. Come on Walid! † I scream â€Å"we’ve got to get out of here† Adams quote from Camel rider. In this situation they are running away from a Gang. In Camel Rider Adam is trying to find Abudai and his dog Tara, Adam is lost but soon bumps into another kid called Walid who is lost and running away. They do not understand each other due to the fact they don’t know each others languages but join Adams journey to find Abudai. Overtime they get to know about each other.A gang soon attack them causing them to change from finding Abudai to running away. After hijacking a car they stop running away and continue finding Abudai. They go through obstacles and succeeded in finding Abudai. â€Å"we’re lost† I say to Walid. â€Å" I don’t know which way it is to Abudai from here† Adam is lost finding his way to Abudai but Walid helps him. Overall, I believe that the characters are trying to find something in thi s circumstance. They succeeded just like many other characters in many other stories.

Modernity and Classical Sociology Theory Essays - 1855 Words

Paul de Man once said, â€Å"Modernity exists in the form of a desire to wipe out whatever came earlier, in the hope of reaching at least a point that could be called a true present, a point of origin that marks a new departure.† But what is he really trying to say? Modernity takes out the old and brings in the new, continually upgrading to something else? Modernity appears as a concept of change. It most commonly refers to the social conditions, processes, and discourses resulting from the Age of Enlightenment. The concept of modernity captures the progress of societies, from primitive civilizations, which evolved gradually through discrete stages, reaching a modern age characterized by industrialization and capitalism, concluding in the†¦show more content†¦Ã¢â‚¬Å"The history of all hitherto existing societies is the history of class struggles† (Marx, pg. 96), explains that all history displays society as a constant battle between the well off and the have not s. We see the oppressor and oppressed in constant opposition to each other. This fight is sometimes hidden and sometimes open. However, each time the fight ends in either a revolutionary reconstruction of society or in the classes common ruin. Therefore, the system of socialism would be ushered in and gradually evolve into pure communism, or a classless society. This pushed forward change within the society. Emile Durkheim saw modernity in terms of a rising division of labor. By division of labor, he meant specialized economic activity which led to a division of human solidarity. Because modernity was characterized by high division of labor, interaction in separated groups formed resulting in problems of social integration. Durkheim’s solution to this problem was one form of solidarity: organic. Durkheim talks about two different solidarities which characterized societies: mechanical and organic. He saw a shift from mechanical solidarity to organicShow MoreRelatedThe Changin g Meanings Of Religion975 Words   |  4 PagesThe research article: The changing meanings of religion. Sociological theories of religion in the perspective of the last 100 years was written by Irena Borowik and published on March 2011. The purpose of this article is to discuss the conceptual framework for defining religion from a sociological perspective. The target population the article is geared towards is†¦... Borowik begins the article by talking about how the views on religion were diverse due to the fast-changing society in the secondRead MorePolitical Sociology Reading List And Rationale855 Words   |  4 PagesPolitical Sociology Reading List and Rationale The purpose of this comprehensive exam is to give me an opportunity to demonstrate mastery over relevant debates, theories, and empirical findings in the major issues of political sociology. I will also examine theoretical and empirical approaches to classic and contemporary fundamental questions of political sociology. My primary goal here is to learn how to think critically like a political sociologist and be able to understand and use the major conceptsRead MoreSociology Emile Durkheim and Max Weber1495 Words   |  6 PagesThere are many different perspectives on the growth of modernity. Society is constantly changing as more time passes by. People like Emile Durkheim and Max Weber both offer their own individual perspective on how the growth of modernity came about and how we have come to understand today’s society. In the 1890s period Emile Durkheim a sociologist, in France watched the transformation of society go from a ‘primitive’ stance into something mo re complex also known as ‘organic solidarity’. Max WeberRead MoreThe Recent Engagement Of Contemporary Islamic Thought With Modernity875 Words   |  4 PagesContemporary Islamic Thought Dr. Ermin Sinanovic Reflection Paper The Recent Engagement of Contemporary Islamic Thought with Modernity in the West Modernization theory has been one of the master theoretical narratives to understand the major institutional and cultural transformation from traditional societies to modern ones. It was developed by the founders of sociology and has dominated the widespread understanding and explanations of many social differentiation processes including rationalizationRead MoreIslamic Modernism : A Multiple Modernities Perspective1611 Words   |  7 PagesIslamic Modernism in the West: A Multiple Modernities Perspective Introduction and background Modernization theory has been one of the master theoretical narratives to understand the major institutional and cultural transformation from traditional societies to modern ones. It is developed by the founders of sociology and has dominated the prevalent understanding and explanations of many social differentiation processes including differentiation, rationalization, individualization, urbanization, andRead MoreThe Rationalization of the South African Society638 Words   |  3 PagesModernity revolves around the rational application of scientific method to certain aspects of life. This could be done through the development of governmental regulations, bureaucratic observation, and the erosion of traditional values (Beck, Lash Giddens, 1997). New thought processes and the increase in the application medicine and technology have played important roles in the concept of rationalism (Bilton et al, 2002). The character of modern society could be defined by rationalism (MacionisRead M oreThree Disciplines1097 Words   |  5 PagesThe Three Disciplines all appeal to me in some ways, but if I had to choose between anthropology, psychology, and sociology, I would have to choose psychology. The reasoning behind it will be explained in detail but it can be broken down to three main reasons; being the first discipline with verified results and facts rather than unproven theories, having more post-high school opportunities considering that I wish to pursue a career in business, and being the most in-depth discipline. PsychologyRead MoreRules And Regulation Of A Bureaucratic Organization Essay1614 Words   |  7 Pagesrules has negative impact on other employees, who are working together to achieve the same goals. Rules and regulations have the utmost importance in any organization. Max Weber (1864-1920), is known as the father of the bureaucratic management theory. A bureaucratic organization is the type of management, which has a hierarchical structure of command. B ureaucratic organization works using formal rules. These rules are often known as standard operating procedures (SOP). The application of theseRead MoreIs Classical Sociology Still Relevant Today? Essay1219 Words   |  5 PagesChoose any one concept or argument developed within classical sociology. Critically evaluate the use made of this concept or argument by contemporary sociology in trying to understand a current social issue This essay looks at the argument taken from a classical sociologist called Weber, throughout this essay it explains rationalization and how it has become modernized using Ritzer to explain this by demonstrating his McDonaldization theory. The theory will be clarified by contemporary sociologists byRead MoreKarl Marx And Alienation ( 2000 )1034 Words   |  5 Pagesand Alienation (1,800 – 2,000 words) Introduction about Marx (1818 – 1883): mention the materials that are going to be used to back up your points (minimum of 5 scholarly materials) Karl Marx (1818 – 1883) was a German theorist who had taken the theory of alienation into consideration. He was also involved in communist party in Germany, trying to overthrow the class system. Marx had been banished from Germany for his critical thinking, and moved to England where he had become a communist. Marx had

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Role of Community Radio in Community Development - 1887 Words

ROLE OF COMMUNITY RADIO IN COMMUNITY DEVELOPMENT Aim: To analyze how effectively the community radio can be used for the community development. Objectives: †¢ To identify how far the community radio has played its role in creating awareness about the local issues such as social, environment and economic. †¢ To analyze the reach of community radio among public. †¢ To identify what genre of program is attracted by the public in community radio. †¢ To analyze how far the community radio has created a change among the community people. †¢ To identify the techniques can be used to make people involve more in the community radio for their community development. Need for the Study: The Community Development Programme, which had its august†¦show more content†¦But to be useful, knowledge and information must be effectively communicated to people. More than 850 million people in developing countries are excluded from a wide range of information and knowledge, with the rural poor in particular remaining isolated from both traditional media and new information and communication technologies which would improve their livelihoods. The report of â€Å"Ninth United Nations Communication for Development Roundtable† says Communication for Development lies at the heart of the challenge to actively involve poor people in decision making procedures which affect their lives and to enable them to manage communication processes and media. When successful, Communication for Development is a powerful tool to mitigate poverty and hunger and to promote democratic processes and social change in many countries, especially in the agriculture and rural development sectors. Media and Community Radio Michael Meadows (2009) in the article Electronic dreaming tracks: Indigenous community broadcasting in Australia published in Development in Practice explains the power of media The power and influence of mainstream media continues to transform the wider public sphere, compelling Indigenous people to seek access to theirShow MoreRelatedCareer Of Radio Suresh Kumar Verma Essay1684 Words   |  7 PagesCAREER IN RADIO Suresh Kumar Verma Twenty-first century is the age of information, communication and entertainment (ICE). Mass media ie radio, television, movies, advertising, news media, newspaper and magazines, has a vital role to play in the development of a country and created many job opportunities as well. Radio, the grandfather of the electronic media is a unique and exciting way - practical and personal - that encourages listeners to develop an unusual association with presenters and stationsRead MoreThe Effects Of Hispanic Radio On American Society1132 Words   |  5 Pagesbasic form, the radio has always played an inherent role in the development of societies around the world. Before the mobile first generation, and even the television, the radio was the device that families would allow into their home and embrace as a connection to the outside world. With no exception to this rule, Hispanic radio has shaped the growing minorities role in American society ever since its boom. Hispanic radio has been the unifying force between Latino communities, which providedRead MoreThe Launch of a Women’s Radio Station in the City of Herat, Afghanistan1704 Words   |  7 Pagesof a women’s radio station in the city of Herat, Afghanistan, in the year 2003. It follows four Afghan women journalists’ struggles in balancing the demands of a highly conservative culture on the one hand, and the objectives of their Canadian journalism trainers on the other. Kamal explains that Media development takes on many different forms in different areas of the world. Rather than being a force for sustaining difference, the media is deliberately employed by media development organisationsRead MoreRockwell Collins Human Resources Interview1152 Words   |  5 Pages technologies. Human resources play pivotal role in facing the front-line challenges as companies adapt to coming and going of projects, ventures into new markets, changing workforce demographics, diversity, etc. We have interviewed Ms. Shannon Svoboda, the Total Rewards Senior Compensation Analyst with Rockwell Collins. Company Overview Rockwell Collins (R-C) started right here in Eastern Iowa in 1933 as Collins radio. In the same year Collins radio provided equipment to provide communicationsRead MoreThe Advantages and Disadvantages of Mass Media1011 Words   |  5 Pagescapture audience attention and interest, for example, television and radio is said to be the best Mass Media. A Mass Media to be effective must be accessible to the target audience and able to hold audience attention and interest. Therefore, this essay will discuss the advantages and disadvantages of Mass Media. The first advantage of mass media is peace and reconciliation. In the Northern Uganda there has been a civil war and FM radios contributed towards bringing peace after 20 years of crisis whichRead MoreThe National Communication Structure And Media Of South Africa Essay1150 Words   |  5 PagesAnalysis of the national communication structure and media of South Africa The media plays a very important role in today’s society. The media keeps the society informed of daily happenings, educates people, enhances democracy, etc. In the African context, media has played a vital role in the creation of democracy. According to an article by Joseph Matumaini, the African media took on a new configuration in the 1990s due to the increased demand for multi-party democracy (1). This time was also markedRead MoreEssay about Skin Cancer in Relation to the Ottawa Charter1339 Words   |  6 PagesAwareness Program shows the linkage with the five action areas of the Ottawa Charter. Developing personal skills refers to the education and development of healthy personal skills to exercise control over their own health environments and to make better health choices. 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Yet, these same people are more familiar with rap music than hip hop. Rap music tends to b the music broadcasted on television and radio stations alike. Hip-Hop itself is relates to a culture and history of peoples. Hip-Hop tells the stories of people oppressed in urban ghettos in all cities, and it promotes change and a transition in those oppressed. Dr. Charles Pinckney author ofRead MoreBlack : Lead Business Roles, Deciding Members Green : Candidates Being Considered817 Words   |  4 PagesLegend: Purple: Lead Business Roles, Deciding Members Green: Candidates Being Considered Red: Yet To Be Filled Positions Community Involvement and Social Responsibility Social Responsibility Goals At Pictures for Paws, we have three social responsibility goals. They include 1.) creating and maintaining a positive and friendly business that focuses on addressing our customer’s and their pet’s needs, 2.) maintain a system of full disclosure and transparency regarding all of our business rules

Social environment Free Essays

This is an example of a business changing to meet the needs of customers. Subways are trying to be more socially responsible by stunning their animals first, to appease consumers with strong moral objections. This Is Important because a study by Forbes showed that 65% of workers would seriously consider leaving their Jobs if they worked for a company that harmed the environment. We will write a custom essay sample on Social environment or any similar topic only for you Order Now Research has shown that over 88% of consumers think companies should try to achieve their business goals while Improving society and the environment. So therefore Subways diverse workforce may provide ideas that a more homogeneous workforce could miss. Also, they might eve a greater understanding of markets that may be segmented on these factors. They may also provide more natural links to market opportunities abroad, through linguistic skills, cultural knowledge and knowledge of foreign markets. This can explain why Subway operates in 83 countries, with a rapid rise in sales in Germany, its second most valuable Western European market. Income Income can affect business. A company’s products usually appeal to certain income groups. People with lower incomes are more sensitive to price and may prefer purchasing discount products. Permeates are experiencing a change In market share because of the increase of people with lower incomes and less disposable income who are sensitive to price (elasticity of demand) and a shift in tastes and trends, with cheap foods becoming Increasingly In demand. This means that the demand for discount food stores Is Increasing. Tests; an example of a food store that is experiencing a decrease in market share because people cannot afford Tests foods and prefer bargain stores like Lid. Deco’s market share over the last 12 weeks (from outhouse) compared to a year ago Is down from 29. 6% to 28. %. Tests have responded to the threat with ‘hard discounters’ by launching a poorly war on milk and other essentials. Tests has cut the price of pant milk to El to match budget chains. People are more aware of the importance of the environment and becoming ‘green consumers’; prefer environmentally-friendly goods which have less Impact on the environment e. G. Prefer to travel by bus. Cutbacks; expanding their recycling programmer to reduce waste developing more environmentally-friendly cups, evaluating store design and operations to identify ways to reduce the amount of water used, use responsible alluding materials and energy efficient designs for their stores The changing nature of the ethical environment Moral principles that should underpin decision making. Ethical behavior involves actions and decisions that are seen to be morally correct Ethics are the set of moral values held by an individual or group. An organization may make decision that it believes to be morally right, rather than one that suits the needs of some of its stakeholders. Thus a decision made on ethical grounds might reject the most profitable solution for an organization in favor of one of greater infinite to society. Possible ethical stances Organizations may take different stances in relation to ethics, including: Viewing shareholders’ or owners’ short term interests as their only responsibility Recognizing that well managed relationships with other stakeholders bring long term benefits to shareholders or owners Including the interested and expectations of stakeholders in their mission Taking an ideological approach and placing financial considerations secondary Ethical Codes An instruction from an organization to its employees to indicate how they should exact to situations relating to moral values The focus of the code will depend on the business concerned. A typical code may include sections on Personal integrity in dealing with suppliers and in handling the firm’s resources Corporate integrity such as forbidding collusion with competitors and predatory pricing Social responsibility Critics believe there is nothing more than public relations exercises Ethical Investment S tock market investment based on a restricted list of firms that are ethically sound Ethical investors do not invest in firms that Finance weapons deals to oppressive governments Make products involving tobacco, fur, animal testing and exploitative farming Do not act responsibly towards the environment or are not good employers Advantages/Disadvantages with Ethical Behavior Reviewing a firms ethical position A number of elements should be considered when reviewing a company’s ethical position. Individuals Each person has their own set of personal standards derived from their upbringing, educations and background. As they make decisions, their own ideas of what is right and wrong is involved Corporate culture Set of unwritten rules that affect the attitudes and management style of a business. This can affect how employees behave in order to do well at the business Public standards Operate in an environment that affect everything they do and the results they achieve. A public outcry against a particular type of activity will force a business to look at itself and decide if it needs to change. It may also mean other businesses look at themselves as well Competitors A USPS can be built based on emphasizing their ethical stance. Other businesses may then review their operations Ethics, Business Culture and Delegation Organizations have cultures and codes of behavior that affect attitudes, decision making and management style. If there is conflict between the ethical position of the organization and the moral values of the individuals it employs, then delegated decision making may not reflect the ethical position of the organization. The potential of this problem can be minimized if the culture is one which all employees understand and take responsibility for. Changing business cultures is not easy and investment in effective training and communication is important to ensure that all Taft behave in an agreed ethical manner. Creating an ethical culture within a business can actually improve motivation and can become part of a wider policy of employee empowerment. The duties of an organization towards employees, customers, society and the environment Benefits to Society Problems such as unemployment and pollution are likely to be reduced Quality of life is likely to be improved Society longer term needs are likely to be considered rather than simply the short term needs of a business Life and business activity will be easier if everyone involved s working together for the common good Simply the right thing to do. Firms have a duty to be concerned with the wider impact of their activities Benefits to Firms Improved financial performance Reduced operating costs due to greater recycling Enhanced brand image and reputation which could bring in more customers, trading partners and makes it easier to attract capital investment Increased sales and customer loyalty Increased ability to attract and retain employees Access to capital Arguments against CARS Efficient use or resources is likely to be reduced if business are restricted by how hey can produce and where they can locate which could lead to higher costs and prices Socially responsible policies can be costly to introduce Stakeholders tend to have differing objectives and are therefore unlikely to agree on what is socially responsible behavior Social responsibility may be Just a passing fashion and nobody can be sure of the value of firms being socially responsible During a recession the objectives are profit and survival – social respon sibility doesn’t matter here If something is important to society at large it can be argued that the overspent should pass laws to ensure everybody acts responsibly Just an extension of a firm being market orientated, meaning its only done as the customer wants it Overall, in the long term, CARS could benefit businesses, as the local community may improve in terms of wealth, quality of life and standard of living, meaning the firm could also benefit. Most large firms will produce an ethical code of practice. This will uphold the firms social responsibilities. This might include being environmentally-friendly wherever possible. Cutbacks CARS; giving back to the environment Environmental mission statement; Understanding environmental issues and sharing these with staff Striving to buy, sell and use environmentally-friendly products Recognize that fiscal responsibility is essential to our environment future Installing environmental responsibility at a corporate value Example; serve high quality coffee that is ethically traded and responsibly grown. They do this through forest conservation efforts and farmer Why be ethical Marketing opportunities: A good reputation in relation to environmental issues can act as a positive marketing tool that encourages customers to choose one brand over another. They can also build a loyal customer base through USPS. Financial opportunities: Can actually make it easier to get money off certain banks – banks like Cooperative will not lend money to firms with a reputation for damaging the environment. Lower costs through recycling and less waste. Human resources opportunities: Motivation, attract the best workers who want to work for a company with high standards. Poor reputation can damage reputation and the ability to attract high quality applicants Why not be ethical; More expensive to source raw materials, more expensive capital goods to cut pollution, Training workers to be ethical costs money, losing custom from more ruthless competitors Ethics or Public Relations? Public Relations – Activities to boost the public profiles of an organization Public relations usually involves obtaining favorable publicity via the press, television or radio. Unlike advertising, it is not paid for and there is no control over its content. When a business behaves ethically it may be good for PR. It has been suggested that the good PR is the main reason for ethical behavior – it can help enhance the image of a business and is likely to generate more goodwill. This in turn will lead to improved sales and may eventually boost the company’s share value. Example; Foxing (public relations)(benefits of not being ethical) Criticized for polluting nearby rivers with factory chemicals, black-green water dumped twice a day. Foxing said it is complying with emission standards and bring the factories into full compliance with policies and that other companies within the same industrial park are dumping water into the rivers too. This shows they are stating that their complying with emission standards for public relations because really they onto want to lose their competitive advantage from more ruthless competitors; doing it to save costs, generate profitability quick, keep costs low, keep up with demand etc†¦ More evidence that they care more about public relations is that they installed solving underlying problem of suicide so the social responsibility doesn’t reflect genuine values, don’t care about their staff, only care about deadlines and money. Example Primary: (genuine values) The roof of their factory in Bangladesh collapsed, killing more than 1000 people. Long-term compensation and support services for the errors and families who were working in the factory payments end this month ($mm) = High cash outflows so less revenue. They also had building surveys to assess the structural integrity of factories which means they are addressing the underlying problem. However this may not actually affect Primary, this may be cheaper in the long term than paying their staff higher wages; a significant variable cost. This shows that corporate social responsibility is Just a form of public relations and a way to back their reputation and offer a method to ‘shut them up’. Could be because of public relations? How to cite Social environment, Papers

Reporting Standards International Financial -Myassignmenthelp.Com

Question: Discuss About The Reporting Standards International Financial? Answer: Introducation We are indeed glad in hearing from you and we would like to thank you regarding the e-mail that you have sent to us. We are happy that you have reached to us and we are of the view that we will provide the best solutions that are available so that it can help you in taking the decisions in a better manner. Like every time, we will always try to provide you with the best solutions regarding the problems that are present in accounting along with the issues that you have described within the contents of your mail and the recommendations that will be provided to you will be in accordance with the Corporation Act 2001, AASB and its interpretations will be according to the issues of accounting that are presented by IFRS. You must be aware of the fact that contingent liabilities are the ones that may have potential losses that can take place in the future may be due to the non-occurrence or the occurrence of a specific event or due to the result of a specific outcome as well. Many examples can be cited with respect to contingent liabilities such as the inquiries regarding some organizational failure, which is still pending, claims that legal in nature and the warranties that are present in each products that are purchased by the customers[1]. The liabilities that can be termed as contingent needs to be shown in the financial statements of the company and the amount that has been estimated by the company so that it can be recorded in the annual sheet. This estimated amount can help the company to prevent the situation that may arise for them in the near future, as a certain amount has been kept separate by them. According to AASB 137, Para 123, these liabilities can be recognized along with the primary responsibility and the probable causes for the outflow of the resources so that the economy of the company can be benefitted and can be settled under these responsibilities. According to Para 29, it can be seen that jointly and severally the liability of the company is that they have to treat these responsibilities under the broad heading of contingent liability. These liabilities have to be developed primarily, as it cannot be expected by the company to happen certainly during the financial year. Therefore, the analysis of these liabilities has to be continuous so that the outflow of the resource can be determined, which will help in benefitting the economy of the company. On the other hand, the provision that is present within the company has to be recognized so that the recent constructive and legal responsibilities, which may arise from the past events, can be estimated in a proper manner and the right amount can be kept for it. The main objective for the provision is that it h as to be adjusted with the balance of the current year in an accurate manner, which will help in taking up the cost that belongs to the particular year and the status of finances that has been estimated can be accounted within that particular period. Therefore the use of provision within the company is not any form of saving, which it may seem like in the first glance. It can be recognized generally that it comes under the balance sheet under the heading of income statement and is placed in the bracket of expenses. Moreover, the main difference between provision and contingent liabilities is that provisions are taken up in the financial statements and the liabilities that can be termed as contingent are taken up under the heading liabilities and is recorded as a note in the financial statements for the company[2]. Moreover, if the probable liability is high and is expected to be around 60 percent to 90 percent, then it has to be shown under the heading provisions within the financial statement that has been drawn for the company. However, if the rate of liability is more than five percent and less than 60 percent, then it has to be recorded as notes in the financial statements and if the percentage is below five then the company cannot choose to take up any action about it. Therefore in compliance with the AASB 137 in the Provisions, Contingent Liabilities and Contingent Assets, the first issue that has been mentioned in the email. We can provide a suggestion that the intangible assets needs to be present in the balance sheet, which will lead to the necessary amortization and its recognition can also be done. In this case, it can be seen that the company has an asset worth $800,000 that is according to 30th June 2018, which has been identified as per the valuation made by the directors. This states that the company needs to change its policy with the present happenings so that the accounting can be recognized with the cost that can be developed through an internal basis. Moreover, the intangible assets has to have a life, which will help in its amortization within the period for which it was being used. Thus, this amount can be realized with the amortization purpose and has to be reported at the cost of $800,000, which can be applied with the residual v alue of the assets. With respect to the second case, it can be seen that Beachlife Ltd had undergone a sales contract with Goodsports Ltd on 1st December 2017 with an amount of $180,000 based on which the payment was made on 30th December 2017. None the less, the equipment was delivered by the company on 10th December 2017. According to the sales contract, Goodsports Ltd provided a factor of maintenance for the equipment for the first year after the purchase has been done by the company regarding the product. The maintenance amount that was fixed for the company was at a value of $7,500. However, Goodsports Ltd was not satisfied with the maintenance work that was provided by the company and was entitled for a refund of an amount of 15 percent of the price that they paid, which totals to $90,000 * 15 percent that is $13,500. Therefore, in the current scene it can be seen that Beachlife Ltd has to show an amount of $90,000 recorded as sales under the heading of income for the sale of the equipment, as the y got the amount within the year that is 31st December 2017[3]. Moreover, the responsible amount of $7,500, which was as maintenance has to be placed under contingent liability within the balance sheet and in the statement of income it has to be recorded under the heading of provision for the estimated amount. Additionally, the amount of $13,500 has to be shown as notes in the financial statement of the company under the broad heading of contingent liability, as this type of liability is not probable in nature. In case you face any doubt regarding the suggestions that has been provided to you, please feel free to contact us either by calling or sending a issue of uncertainty through e-mail. Reference List Gamper, Catherine, et al. "Managing disaster-related contingent liabilities." (2017). Hendrickson, Joshua R. "Contingent liability, capital requirements, and financial reform."Cato J.34 (2014): 129. Picker, Ruth, et al.Applying international financial reporting standards. John Wiley Sons, 2016. [1] Gamper, Catherine, et al. "Managing disaster-related contingent liabilities." (2017). [2] Hendrickson, Joshua R. "Contingent liability, capital requirements, and financial reform."Cato J.34 (2014): 129. [3] Picker, Ruth, et al.Applying international financial reporting standards. John Wiley Sons, 2016.