Can Business Ethics Be Taught - 1024 Words

Can business ethics be taught? Business Ethics can be defined as the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical issues range from a company’s obligation to be honest with its customers to a company’s responsibility to preserve the environment and protect employee rights. Ethics includes the need to produce a reasonable profit for the company’s shareholders with honesty in business practices, safety in the workplace, and larger environmental and social issues. Business ethics calls for an awareness of social responsibility and this includes addressing social problems such as poverty, crime, environmental protection, equal rights, public health, and improving education.†¦show more content†¦But if some shareholders or anyone can stand up and say something in the beginning before the things went too wrong, it probably would prevent some corruption or fraud, to some degree. People who don’t believe the ethics can be taught have their concerns. Its unrealistic to expect peoples behavior is going to change because they sit in classes, says Marshall Goldsmith, an executive coach based in San Diego and an adjunct lecturer at Dartmouth Colleges Tuck School of Business. Is there any proof in any executive education ... that anyone who went to any course ever changed any behavior as measured by anyone else over any period of time? Not that I know of. Mr. Goldsmith and others concede that new emphases on ethics in business schools send a message to future managers that ethics are important, even in the corner office. But, they caution, expectations for a big impact from these programs are pie-in-the-sky thinking. No one is going to come out of those courses as a different person, Mr. Bruhn says. The thing those courses are going to do is create awareness. Theyre not going to change behavior because ethics is learned by modeling, not by reading a bunch of books over a weekend. There is another main problem is the patterns of moral behavior are formed long before students are able to study in the business schools. An analysis shows that theShow MoreRelatedImplementing an Applied Ethics Course at The University of Tampa1506 Words   |  6 PagesWhen pursuing a college degree, ethics is tailored to the course being taught, i.e. Accounting, Finance, and Economics to name a few. Ethics does not appear to be offered as a separate required course for all disciplines, which raises such questions as, is there a need for an ethics course? Do students know enough about ethics for ethical thinking and action? Ethics encompasses a set of principles, philosophy, or theory relating to principles. Knowing how to best resolve difficult ethical dilemmasRead MoreCan Ethics Be Taught? Essay examples1615 Words   |  7 PagesWhat are ethics? Ethics are the set beliefs and values of an individual which they apply to circumstances relating to morality. To act in an ‘ethical’ manner, an individual must display integrity by doing what they believe to be right. When working within any professional body, an individual will be subjected to circumstances in which personal ethics will come into play. The Accounting profession is no different as ethical questions arise as part of any working day and can effect how an individualRead More Personal Ethics Development Essay1074 Words   |  5 Pagesdefine the ethical system used to best develop a person, discuss the potential effect that can become beneficial to the corporate environment and explain why organizations need ethics within the company. Ethical System Born into a single parent family character, values, and ethics became a part of life in the hope of becoming the best person possible in society. Mother thought that character, values, and ethics could keep her children on the right path when she was unable to be there. These skillsRead MoreCan Ethics Be Taught?1626 Words   |  7 PagesWhat are ethics? Ethics are the set beliefs and values of an individual which they apply to circumstances relating to morality. To act in an ‘ethical’ manner, an individual must display integrity by doing what they believe to be right. When working within any professional body, an individual will be subjected to circumstances in which personal ethics will come into play. The Accounting profession is no different as ethical questions arise as part of any working day and can effect how an individualRead MoreLeadership At The Start Of This Semester1680 Words   |  7 Pagescultivated through a series of trials and tribulations where this single individual’s vision was faced with extreme difficulties. Through this course, I have learned leaders are, in fact, created, but not through the narrow lens I always saw with. Leaders can be created through the need for leadership, by cultivating leadership traits in individuals, and even from the spontaneity of challenging situations. Our scope of learning leadership was expansive this semester: we first identified the definition ofRead MoreEthics And Principles Of Ethics991 Words   |  4 Pages Ethics is a system basic moral principals and concepts of civilized human conduct. it helps us develop ideas about what is moral, right from wrong and dictates of conscience. Ethics also helps to distinguish between honest and dishonest characteristics in people. In business, ethics is something that is essential to one’s moral compass. It is something that is taught through the child rearing process and into a child’s formative years. Ethics requires knowledge. Fundamentally this suggests thatRead MoreEthics And Ethics Of Business Ethics1624 Words   |  7 Pagesinvestors losing their retirement accounts and many employees lost their jobs (Accounting-Degree.org, 2015). Crane and Matten (2010) argue â€Å"After all, despite many years of business ethics being researched and taught in colleges and universities, ethics problems persist and the public remains sceptical of the ethics of business†. The big problem we face is that ethical standards are declining becau se of insider trading of stocks and bonds, bribery, falsifying documents, deceptive advertising, defectiveRead MoreVirtue, Ethics and Morality in Business Essay1497 Words   |  6 PagesVirtue, Ethics and Morality in Business To understand, virtue, ethics, and morality we must first understanding there meanings. According to Boatright, â€Å"†morality and ethics are interchangeable; however, they have some subtle differences.† (Ethics and Conduct of Business, Boatright) Webster’s Dictionary describes ethics as the discipline dealing with what is good and bad and with moral duty and obligation; a set or moral principles. Webster’s Dictionary describes moral as of or relating toRead MoreCan We Teach Character? An Aristotelian Answer Essay1696 Words   |  7 Pages(2006). Can We Teach Character? An Aristotelian Answer. Academy of Management Learning Education, 5(2006), 68-81. â€Æ' Introduction â€Å"Can We Teach Character? An Aristotelian Answer† by Edwin M. Hartman is an incredibly well written article on whether, as the title states, character can be taught. I will attempt to critique this article and illustrate points that may have been excluded, but the article is extremely well rounded. The purpose of the article is to determine whether teaching ethics is worthRead MoreEthical And Ethical Aspects Of Business Ethics1350 Words   |  6 PagesMany authors in business industry have provided different definitions for business ethics. Moreover, definition varies for different people and different organizations. In general, Business ethics:-- -is a set of moral values or applied ethics that’s drives the operation of business. It’s more than operating a business under existing laws. There is always a question of morality and this morality of values comes from values held by the society. But ethics for each company may have high standard to

Ted Bundy A Serial Killer - 2536 Words

Ted Bundy is one of the most famous serial killers in United States History. There are many theories behind what made him become a serial killer. Many believe he was born that way, with a darkness inside of him to which he could not control. Others believe he is a victim of circumstance and had no chance from the very beginning of life. Ted killed fourteen plus women and girls, his earliest victim thought to be when he was just fifteen years old, with only one known survivor. I believe Ted made the choices he did, not because of his family circumstances or his dark passenger, but because he felt entitled and liked control. What more control is there then to decide who lives and who dies? I do believe there are circumstances that may have been the perfect storm to bring Ted to his killing path and in this paper I will discuss how I feel Ted came to be what he was. Theodore Robert Crowell, also known as Ted Bundy, was born on November 24, 1946 in Burlington, Vermont. Eleanor C owell, Ted’s mother, was twenty-two years old and unmarried when she had him. Ted’s father left Eleanor before Ted was born and there is no concrete proof on who Ted’s father really was. Eleanor being an unmarried mother was very upsetting to her parents, as they were very religious and did not believe in unmarried pregnancies so Eleanor delivered Ted at a home for unwed mothers in Vermont, later bringing Ted to her parents’ home in Philadelphia. To hide Ted being an illegitimate child, he wasShow MoreRelatedThe Serial Killers : Ted Bundy1438 Words   |  6 PagesTed Bundy, also known as the campus killer, is one of the United States top known serial killers. This twisted man assaulted and murdered many young girls during the 1970s. Bundy captured his victims by his charismatic and handsome and would win their trust by traits he had. He would act injured or as an authority figure before he murdered and assaulted his victims. After the girls died, Bundy would visit the bodies’ hours later and do sexual things to the corpse until animals would finish the girlRead MoreTed Bundy : A Serial Killer Essay895 Words   |  4 PagesTed Bundy Theodore Robert Cowell, known as Ted Bundy, is one of the most famous serial killers in US history. He was born on November 24, 1946, to Eleanor Louise Cowell, known as Louise. Louise was ostracized by those around her because she was single and pregnant. Louise traveled from Philadelphia to a home for unwed mothers in Burlington, Vermont, to give birth to Ted. In 1950, Louise and Ted moved to Tacoma, Washington, to stay with her uncle Jack, a man of whose education and intelligence TedRead MoreSerial Killer : Ted Bundy1492 Words   |  6 Pagesa feared serial killer, Ted Bundy, disseminated terror throughout the United States. He was connected to at least thirty-six murders, although some believed he had committed more than one hundred murders. Bundy confessed to killing thirty women in seven states before his execution by electric chair on January 24, 1989. Ted Bundy appeared as a successful and an attractive gentleman, who seemed to have a lot going for him. Nevertheless, ingrai ned was the heart of a serial killer! Ted Bundy was a psychopath;Read MoreSerial Killers : Ted Bundy2109 Words   |  9 Pages Ted Bundy By Kim LaShomb Criminal Psychology Theodore Robert Cowell, aka â€Å"Ted Bundy† is one of the most well known serial killers in United States history. His reign of terror went on from 1974- 1978 when he was arrested and charged with numerous crimes. These crimes include first degree murder, kidnapping, rape, sodomy, unlawful sex with corpses, resisting arrest, and the list goes on from there. It was said that he had over 300 victims, but he wouldRead MoreTed Bundy: Unlikely Serial Killer1415 Words   |  6 PagesTed Bundy: Unlikely Serial Killer Americans were shocked in the 1970s when authorities began reporting a string of disappearances of young women from Washington, Colorado, Utah, Idaho, Florida and Oregon. The man behind these crimes was Theodore (Ted) Bundy. Many people still consider him to be one of the most notorious serial killers of all time and was once one of the FBI’s most wanted. He was officially tied to 36 murders, however he is believed to have committed more than one hundred. TheRead MoreTed Bundy : The American Serial Killer Essay2285 Words   |  10 PagesTed Bundy is known as the American serial killer, rapist, and a necrophilia (a person who has sex or is sexually attracted to the dead or a corpse) that murdered young women during the 1970s. He confessed to 30 homicides, committed in seven different states between 1974 and 1978. He has been connected to at least 36 murders, but is thought he could be responsible for about a hundred or more. Theodore Robert Bundy was born Theodore Robert Cowell born on November 24, 1946, in Burlington, VermontRead MorePersonality Analysis Of Serial Killer : Ted Bundy2153 Words   |  9 PagesPersonality Analysis of a Serial Killer: Ted Bundy Described as â€Å"THE execution† (Lyons Trei, 1989, p. Ia) serial killer and rapist Ted Bundy was put to death by the State of Florida at 7.16 A.M. January 24, 1989. During his life he had been convicted of the 1978 rape and murder of a 12 year old, Kimberly Leach in Lack City; and the death of Lisa Levy and Margaret Bowman, sorority sisters at Florida State University. Just two days before his execution Bundy also admitted to killing a number ofRead More Ted Bundy was a brutal serial killer Essay611 Words   |  3 PagesFebruary, 1989 p. 44-51. Gerdes, Louise. Serial Killers. San Diego: Greenhaven Press Inc.2000. Knappaman, Edward W. Great American Trials. Detroit: New England Publishing, Associates, Inc. 1994. Ted Bundy was a brutal serial killer. He was also very charming and handsome to the ladies, which made it easier to prey on them. He admitted to killing over twenty people just before his execution. Many families were relieved when he was finally executed. Ted Bundy thought of himself as very smart, becauseRead MoreSerial Killers, Ted Bundy And John Wayne Gacy1588 Words   |  7 PagesKEISER UNIVERSITY Killer Stories H.H. Holmes, â€Å"Ted† Bundy John Wayne Gacy Faraz Garcia 10/16/2017 â€Æ' Abstract When you tell children scary stories they shouldn’t be able to come true but unfortunately for the people victimized by the vicious killers in this paper those horror stories did come true. Traveling and staying in a â€Å"Hotel† owned by a wealthy â€Å"doctor† got them tortured, experimented on and ultimately killed, helping a seemingly helpless man put things in his vehicle lead themRead MoreSearching for Answers to a Serial Killer, Ted Bundy Essay1162 Words   |  5 Pagestake you on a journey. You will learn who â€Å"Ted Bundy† is and why he chose to live a double life. Ted was a special individual who only killed women he had a soft spot for them. Ted Bundy was like a tiger in the wild and women was his prey. When he went out he always went for vulnerable women. Ted would sweet talk them until they trusted him then he would wait until their alone and he would kill them. In the following paragraphs you will learn about Ted Bundy’s past where he came from, what type of

The Eating Disorder Anorexia Nervosa Essay example

The Eating Disorder Anorexia Nervosa Anorexia nervosa is a relentless pursuit of excessive thinness that interferes with the fulfillment of responsibilities to the self and to others because it produces an intense and irrational fear of becoming fat, an obsession with food and weight control, and a life threatening weight loss. Eventually, a series of starvation-induced physical and psychological changes threatens control over eating and motivates more conscientious efforts to reduce. The result is a truly vicious circle of weight loss, hunger, and fear that will become a deadly noose if the process is not acknowledged and reversed. Usually the condition occurs during early adolescence to young adulthood,†¦show more content†¦Sometimes fasting is interspersed with periodic binging and purging (see Bulimia), particularly when trying to regain normal eating habits. About half of all anorexics become bulimic at some point. There is a strong association between eating disorders and depression. Anorexics tend to come from families that have high standards of achievement, and they are often perfectionists, compulsive in many aspects of their life, especially school. Denial often accompanies their intense focus on remaining thin: Anorexics will typically refuse to admit that anything is wrong, and they may become angry or defensive at expressions of concern by others. Usually the condition occurs during early adolescence to young adulthood, although it may strike later. Some 90 percent of sufferers are female; about 1 percent of American women are afflicted. Anorexia is dangerous, and professional help should be sought early. Prompt treatment will usually keep the condition from progressing, but some cases are very resistant to treatment and may require hospitalization. Some anorexics die from complications. Anorexia is believed to be primarily an illness of the mind or illness of psychological origin; however, it has significant medical and physical consequences. Often it begins with a relatively normal desire to lose a few pounds. But because dieting only temporarily relieves underlyingShow MoreRelatedEating Disorder : Anorexia Nervosa1622 Words   |  7 Pages Bulimia Nervosa To be diagnosed with eating disorder, someone must meet certain criteria. The criterion for diagnosis slightly varies depending on if you are referring to people who (A) fear gaining weight, and have significant weight loss,(B) eating a huge amount of food , then use laxative to remove the binged food, (C) the use of excessive exercise and fasting in order to remove or to reduce the amount of calories consumed, and (D) distorted body image, no matter how thin they become, theyRead MoreEating Disorder : Anorexia Nervosa1658 Words   |  7 Pagesbeen affected by this disorder. The specific disorder that is being referred to in this paper, an eating disorder, is Anorexia Nervosa, the restricting type. An eating disorder â€Å"involve[s] disordered eating behaviors and maladaptive ways of controlling body weight† (Nevid, Rathus, Greene, 2014, p. 335). Another well-known eating disorder is Bulimia Nervosa which is characterized by binging and purging (Nevid, Rathus, Greene, 2014, p. 338). Bulimia is different than anorexia since victims of bulimiaRead MoreEating Disorders And Anorexia Nervosa Essay1948 Words   |  8 Pagesnotion of an â€Å"ideal† body and eating disorders, there is no consensus as to the root cause of eating disorders. The general belief is that eating disorders result from one or more biological, behavioral, and social factors including genetics, unpleasant experiences/trauma, peer pressure, teasing, and family members with eating disorders, among others. There are numerous types of eating disorders. Both women and men are affected by eating disorders each day. Eating disorders can occur from an early ageRead MoreEating Disorders : Anorexia Nervosa1493 Words   |  6 PagesIllness Paper – Anorexia Nervosa February 28, 2016 According to the Mayo Clinic (2016), eating disorders are â€Å"conditions related to persistent eating behaviors that negatively impact your health, your emotions, and your ability to function in important areas of life.† One such eating disorder is anorexia nervosa. Not to be confused with anorexia, which is simply a general loss of appetite that can be attributed to many medical ailments, anorexia nervosa is a serious eating disorder and mental illnessRead MoreEating Disorders: Anorexia Nervosa1653 Words   |  7 PagesAnorexia Nervosa Anorexia Nervosa is one of several subtypes descending from feeding and eating disorders. It is a crippling life-threatening condition marked by a patient placing restriction on energy intake relative to needed energy requirements, resulting in a relentless pursuit of low body weight in the context of age, sex, development and physical health. According to American Psychiatric Publishing of diagnostic and statistical manual of mental disorders (DSM-5) â€Å"Anorexia Nervosa, often timesRead MoreEating Disorders And Anorexia Nervosa947 Words   |  4 PagesEating disorders such as anorexia nervosa, bulimia nervosa, and binge eating disorder consist of emotions, attitudes, and behaviors surrounding weight and food issues. Up to 24 million people of all ages and genders suffer from an eating disorder in the U.S (ANAD, n.d.) bulimia nervosa as well as the other eating disorders are considered to be a female eating disorder, a disorder that only affects women which limits males to seek treatment let alone make aware to other that they suffer from bulimiaRead MoreEating Disorders : Anorexia Nervosa974 Words   |  4 PagesI have always been intrigued with eating disorders, particularly Anorexia Nervosa. When I was 18 years of age, my mother questioned whether or not I was Anorexic and she took me to the family practitioner, who then informed me that I was three pounds shy from being considered underweight. I knew I was thin, but I was really thin, but also really proud of my size. In an African American urban environment being thin was related to illness and drug abuse. I was often teased about how thin and fragileRead MoreEating Disorders : Anorexia Nervosa889 Words   |  4 PagesANAD Eating Disorder Statistics about thirty million people in America of all ages and genders suffer from one of the three main eating disorders. Many people suffer from more than one of the eating disorders. Only 1 in 10 individuals receive the treatment that is needed to recover(AND A). Often eating disorders are known to be triggered by outside factors in their life, but studies show that it is more likely to be a part of their genetics. According to Webster the definition of an â€Å"Eating Disorder†Read MoreAnorexia Nervosa- Eating Disorder1685 Words   |  7 PagesEffects of anorexia are mostly seen on the outside of the victim’s body, but do not be fooled. This detrimental eating disorder affects one’s mind just as much as it would the body. What Anorexia does to the mind is that it distorts the way one views their body. Victims of anorexia become fixated on their body image and overly critical about their flaws and weight. Even being obviously underweight, Anorexics will continuously deny that they have a problem and continue with their fatal practices.Read MoreEating Disorders : Anorexia Nervosa1462 Words   |  6 Pagessuffer from many illnesses, one in particular is eating disorders. There are many types of eating disorders, but there are three common ones that are known today, which are anorexia nervosa, bulimia nervosa, and binge-eating disorder. Eating disorders are not healthy, thi s type of disease can be very fatal and crucial to one s health   mentally, physically, and socially. The purpose of this report is to provide background information about eating disorders, strategies to prevent this illness from occurring

The Effects Of Technology On Younger Children - 1319 Words

Health Effects from the Use of Technology in Younger Children The modern times we live in today are constantly changing in hopes that we as humans thrive successfully. To be more specific, technological advancements are driving our society into new feats that could never be imagined in the past. Thanks to this technology, we have excelled in vital fields such as medicine, education, engineering, and many more aspects that can be considered vital for our benefit, let alone our existence. Modern technology such as cell phones, tablets, laptops, and televisions have proven to be helpful and valuable to humans in modern times, although it does present some negative effects to us, as well to our future generation, medically, in†¦show more content†¦This lack of experience with other has proven to lead to various social disorders, such as autism, ADHD, and depression. The general use of modern day technology by children has also increased drastically as well, impacting sensory skill development of children. â€Å"It was reported that in 2010 children spend an average of six hours and nineteen minutes using electronic media per day. This included a forty-seven minute increase with music, a thirty-eight minute increase with the television, and a twenty-seven minute increase with computers since the study was previously conducted in 2004† (Hatch). As children rely on technology to assist them in performing their everyday tasks, necessary challenges they require to encounter for successful development decreases, not allowing the child’s optimal sensory and motor development skills to be fully reached. Another medical effect on the use of modern day technology in younger kids is the lack of exercise and outdoor activity that these inventions are causing. Obesity is one of the world’s most alarming problems that is constantly growing on a daily basis. In fact, the world’s childhood obesity rate has tripled in the last twenty years (Hatch). Younger children constantly using twenty-first-century technology are more likely toShow MoreRelatedTechnology And Learning Environment Of Children Of All Ages1513 Words   |  7 PagesTechnology in Classrooms As a child in your elementary school classroom, have you ever cheered for joy when your teacher allowed you to play games on a computer or tablet to help you learn? Have you ever been more interested in the vivid colors and pretty designs in the game? Rather than the actual material within the game? Well I have. As a child, computers have distracted me from learning. I’ve been more interested in the bright colors and funny-looking animated characters in the game that itRead MoreNegative Effect of the IPad on Our Youth Essay802 Words   |  4 Pagesone-on-one student to device ratio and have caused much controversy. This scrutiny is only intensified when discussing the effect of such environments on children as young as the age of six, and many experts disagree with this practice. This essay will discuss the negative effects of younger children using devices (predominately iPads). Some of these reasons include: the negative effect iPads have on a developing childs social skil ls; the way these devices hinder muscle development, especially in theRead MoreThe Effects Of Screen Time On Childhood And Young Adult Development1324 Words   |  6 PagesAndrew Ash 2/13/17 The effects of â€Å"screen Time† on childhood and young adult development The revolution of social media and smart technology began with advancements in knowledge of how things can all come together. We are now in an age where there is technology all around us, and everything has become â€Å"smart† including our phones to our tv. Which has changed the way we communicate and go through life. These advancements in technology have had an effect on those of the younger generation seeming toRead Moreeffects of technology on children1279 Words   |  6 Pagesï » ¿ EFFECTS OF TECHNOLOGY ON CHILDREN In today’s world Technology is everywhere. We use computers for almost everything in everyday life, including â€Å"babysitting† our children. Computers can have both positive and negative effects on children, while some of the negative effects on health and development are unseen. As adults, we understand the physical world around us and the concepts inside computer programs. Children, on the other hand, need to learn this with traditionalRead MoreThe Computer Into The Learning Process1284 Words   |  6 Pages The introduction of the computer into the learning process has given people the opportunity to explore the benefits of this tool. Technology has been incorporated into the learning environment ever since the computer was introduced to schools in the early 1980s. Now, according to the National Center for Education Statistic, there is a ratio of 5.3 to 1 of students to computers in a class, as of 2009. The use of computers for educational purposes is rarely questioned these days. People often wonderRead MoreTake Yourself Back To A Time When There Was No Iphone,1525 Words   |  7 Pageshistory, children went to school either by walking in their white converse shoes, riding their bike with the basket on the front, or riding the dreadful yellow public school bus, while their parents, usually the father, went to work in the local factory or local businesses. Still, one thing that hasn’t changed from the past to today is that children are still being bullied in their schools in s imilar ways. The thing separating bullying back then and today is the fact that within today’s technology advancedRead MoreTechnology And Its Effects On Human Interaction Essay1475 Words   |  6 Pagessociety understand, or at least have heard someone in their lives say, technology is becoming a distraction to the human population rather than an advancement. As technology has progressed, it has increasingly become a larger and more intergraded part of our everyday lives. Americans think that technology is huge today, but technology will be even more advanced in several decades. There are some clear positives to technology, such as the ease of long distances communication and the accessibilityRead MoreEffects Of Technology On Socialization1300 Words   |  6 PagesAnti-social socialization: The effects of Technology on socialization of the youth in the 21st century Robert Elz University of North Georgia Abstract In the 21st century, technology is integrated in examines that to every aspect of our lives. It is prevalent is all sections of our culture, our homes, our schools and our communities. But what kind of effect is it having on those in their formative years? Does the abundance of technology have an effect on the newer generations andRead MoreGigabytes and Grades: Some Effects of Technology on Childhood Development and Learning755 Words   |  3 Pagesmore children being exposed to, and welcomed into this technologically advanced society. It is not uncommon to see seven year olds using the newest gadgets with surprising efficiency, however, one must ask themselves what effects this new technology driven world is going to have on the younger generations? Are these kids going to become the most efficient multi-taskers to be seen, or is this boom in technological advance, and the societal pressure to be adept at even the newest technologies goingRead MoreEffects Of Overuse Of Technology O n Human Health1253 Words   |  6 PagesEffects of overuse of Technology on Human Health Technology has become a major part of human activities today. People engage in different activities through the use of technology for communication, traveling, and different devices used in every career. Despite the fact that technology has eased the performance of different tasks, it has a detrimental effect on human health. It has an effect on people across all ages and results in health effects such as depression, obesity, brain tumors, musculoskeletal

Sustainable Urban Development

Question: Write about theSustainable Urban Development. Answer: Introduction It is worth noting that retrofitting is crucial in the reduction of overall energy consumption. For a long time, people have not realized the benefit of retrofitting, therefore, continuing incurring losses due to the increased cost. In Sydney, there has been a growing concern to exercise the retrofitting ion an attempt to achieve visions aimed at bettering the lives of people and the environment as a whole. Specifically, the major area of concern, in this case, is the University of Technology, Sydney(UTS).There are several methods of retrofitting that are capable of ensuring there is energy consumption reduction. Retrofitting green roofs is crucial, and it takes care of many considerations that if ignored add to the overall expenses of the institution. Secondly, retrofitting of energy efficient lights is also critical in dealing with the increased lighting cost in the campus which in the long run has led to increased school fees to cater for these expenses. In real sense all these li ghting expenses can be reduced if there is efficient mode of lighting. Recycling of building garbage by the institution is critical to ensure cost saving is strengthened. Finally, waste water recycling can also serve a greater role in foreseeing greater achievements more so when provision of water by the state is at risk during the summer. However, undertaking in-depth analysis of retrofitting of green roof and energy efficient lights is bound to yield more details concerning sustainable urban development. Green Roofing Ideally, it is critical to understand that green roofing is vital to the betterment of the environment and the dwellers. Green roofing is enabled by installing growing plants such as grass on the top of the roof (William et al., 2016, 4). In some other cases, painting of the roofs using the green paints has been considered as a green roof. This has faced a lot of objections from experts and researchers thereby giving growing plants as the only type of green roof. This roof reduces heating by absorbing the solar energy and the hot environmental atmosphere therefore acting as the cushion upon which heat is absorbed. In the University of technology, Sydney, there is need to consider green roofing due to the challenges that have risen. To start with, the institution is said to have limited number of doors that make the room not favorable for student and other staff to withstand (Mitchell and Ross, 2016, 49). This means that the problem cannot sincerely be solved by installing doors that are expensive to purchase but by just making use of the simple plantations growing freely from the environment. In short all the costs that could have been incurred to install the doors are saved. The campus has been planning on how to increase the cooling machines for the building six level one up to six (Wilkinson and Castiglia 2016,16). For sure cooling system is very expensive to buy and manage due the sophistication of the required equipments. This comes as a result of the research carried out lately that reveal that every room has some installed cooling machines. Similarly, with the green roof in place it is possible to overcome the heavy expenses that are put aside to cater for cooling machineries. The green roofing continues to gain much attention due to the fact that it reduces cooling. In most case, heating is required to warm the rooms especially during the winter. This is the period whereby most of the students, their lecturers and the other staff make use of their heavy clothing. Alternatively, this calls for employment of the extra heating machines that are capable of supplying enough warmth to the people to effectively execute their daily duties. The process of involving the heating equipments is sophisticated in a way and sees the campus incur heavy and unnecessary losses (Hawken, 2015, 54). This is because, to have the process complete, a lot of power I required for propelling the machines. The green roofing takes care of heavy metal emanating from the rainwater. It is scientifically provide that air pollution is a very serious issue that enhances the metal particulates formation in the atmosphere that when clouds form, acid rain is experienced (Wilkinsonet al., 2015, 42). This leads to corrosion of roofs and walls. In this case, roofing is affected by the acid rain and this leads to rust which support the cooling of rooms. The green roof behaves as a heat absorber thereby aiding in the provision of heat at all time. Energy Efficient Lighting The retrofitting of energy efficient lights is another major concern that requires to be checked. The UTS is known for its potential to enabling lighting system that determines how the learning, research and other activities are to be carried out. Retrofitting of the efficient lights entails all the lighting materials that are crucial to supply enough light to the rooms. For a long time the University of Technology, Sydney has been employing bulbs for lighting purposes (Wilkinson and Feitosa, 2015, 1082). Infact there has been increased lighting in the rooms therefore impacting heavily to the expenses of the institution. It is evident that lighting can be improved by applying those strategies that are cost friendly and at the same time supply enough light to the building. The UTS level four is the major room with an efficient lighting system which is enabled by putting the atrium (Wilkinson, Ghosh and Lindsay, 2014, 15). There are other rooms where darkness prevails due to low instal lation of lighting tools. By applying energy saving bulbs, it is true that costs will be reduced. In addition it is significant to add more atriums in all the room to ensure that electricity is not used in classes during the day. Energy Efficiency can be enhanced by installing light sensors in the rooms whereby it is possible to detect the time of the day when lighting is mostly required. This will ensure that little lighting is undertaken when there is enough supply of lights in the building. Installation of light emissive windows is bound to contribute heavily to the saving of the electrical energy. Lights controls should be adopted in that all the vacant rooms should not be lit therefore maximizing energy only on those areas that are being used (Wilkinson, 2014, 68). There is another important option for selecting to install the translucent lights emissive doors that facilitate from cooking enough lighting in the rooms. This is because by solely depending on the electricity high bills will be experienced due to the fact that almost all the processes ranging cooking and heating of water are dependent on electrical energy. Long-Term Goal The long term plan for installing the green roof focuses on the establishment of such roofing for the whole of the UTS building at all levels. Installing green roofing is procedural and it is the result of accomplishments of all the short term goals (Mitchell and Ross, 2016,47). This aims at lowering the costs while maximizing on the benefits. This is followed by the removal of all the cooling and heating machines from the building in an attempt to pave way for green roof domination. For continued realization of maximum profit all the heating and cooling machines should completely be sold (Wilkinson, Ghosh and Page, 2013, 110). This will ensure that power used by those machines is saved. In addition, by selling those machines, it will be another way of covering all the expenses incurred during the installation of the green roof. Retrofitting the UTS building with efficient lighting system features in the long-term plan at that time when the renovation is bound to take its full course . Firstly, all the roofing in the whole of UTS building should be replaced with the translucent ones (Sankaran, Abeysuriya, Gray and Kachenko, 2015, 333). In connection to that, dark sensing tools should be permanently installed in the building to ensure that no lighting is done during day time. Another long term plan is to convert the building into a translucent one by bringing the walls down and replacing them with light emissive glass walls. The whole building will be fixed with energy saving lighting materials to ensure that costs are minimized even during the night. Short Term Goal The short term plan that is to be employed to retrofit the green roofing strategy is the reduction of cooling machines in the UTS building six level one and implements the plan for that particular section. It is true that not all the roofs can support the green living plants (Wilkinson et al., 2014). This implies that there are specific roofs that have to be put to support the plan. Due to that fact, it is impossible to implement the plan to affect the whole UTS building. Furthermore, costs become major concern because it is unprofitable to venture in a plan that is not worthwhile. By investing in the green roofing plan in short term there will be test results that illustrates whether or not the plan can be extended to the next level (Panahian, Ghosh and Ding, 2017, 168). The idea of getting rid of cooling machines in the level one is to test whether the green roof can provide a sustainable cooling environment to the involved people. It is worth noticing that if the level consist of three cooling machines only one of them is removed and the cost benefit analysis calculated. As time elapses the rest of the coolants are removed and the cooling responsibility left to green roofs (Wlkinson,Stoller, Ralph and Hamdorf, 2016,78). If the plan proves worthy, its implementation proceeds to level two and the trend continues. Heating the room during winter by green roofing system can also be part of the short-term plan of this invention. By setting the level one as the test results, the same green roofing should be evaluated during winter. This is due to the fact that it acts as a heat absorber therefore heating machines should also be evacuated in the level one subsequently over time. The short term goal associated with the retrofitting the UTS building with energy efficient lighting system can be achieved by switching off lights on all vacant rooms. This is very crucial in determining the amount of saving that is done from the plan. It does not kick logic to light the empty rooms yet electricity bills continue piling up (Abeysuriya, Fam and Mitchell, 2013, 2188). Another way of enhancing short term plan is by installing light emissive door and windows in some levels. The plan cannot be assumed to have taken effect in short run and therefore although these materials are not much expensive, they have to be implemented in parts. Retrofitting is bound to take effect by installing translucent roofs. All the above mentioned materials ranging from light emissive doors, windows and roofs are fixed in a manner that lighting of the occupied rooms during the day is reduced so as to get estimations for savings and expenses. There is another way of utilizing the short term go al under this perspective. This is by the use of energy saving mode of lighting. This puts into consideration the particular bulbs being used and their energy saving capabilities. For example there are bulb that serve two purposes; lighting the room and at the same time releasing a lot of heat (McLellanet al., 2015, 140). Therefore is important to include this short-term plan and compare it with the functionality of the green roof and the heat providing machines. Whichever is highly cost effective should be prioritized in the plan. Expenses We assume that average usage of electricity Kwh by UTS from 2014-2016 is 50million kwh with the price projection of $15/kwh 50million kWh*15/kwh=$750,000,000/year Savings By retrofitting the building with energy saving tools it is assumed that the plan will cover 70% of the cost per year. $750000000*70/100=$525000000/year Payback $750000000*3/525000000=5years Conclusion Conclusively, details concerning probable plans for retrofitting the UTS building and its levels have effectively been highlighted. It is evident that unnecessary costs arising from energy consumption can trigger increment of schools fees. Furthermore, there is low productivity every time costs tend to outweigh the savings. Therefore, the UTS building is at a better position to ensuring that it employs all the proposed retrofitting methods so as to ensure continued savings that will stimulate other development strategies. Apart from savings, the tendency of implementing long term plans will improve the aesthetic nature of the building in terms of green roof and glassed walls. In short, by undertaking the retrofitting activity, UTS will boost the sustainable developments with respect to its goals and visions. References Abeysuriya, K., Fam, D. and Mitchell, C., 2013. Trialling urine diversion in Australia: technical and social learnings.Water Science and Technology,68(10), pp.2186-2194. Hawken, S., 2015. The new Chinatown: Sydney's Southern CBD.Landscape Architecture Australia, (146), p.54.54-55 McLellan, B., Florin, N., Giurco, D., Kishita, Y., Itaoka, K. and Tezuka, T., 2015. Decentralised energy futures: the changing emissions reduction landscape.Procedia CIRP,29, pp.138-143. Mitchell, C. and Ross, K., 2016. Findings and Recommendations. A synthesis for key stakeholders community scale sanitation in Indonesia.44-56 Mitchell, C. and Ross, K., 2016. Governance of local scale sanitation: How to design governance for lasting service? Guidance Material: Introduction.48-50 Panahian, M., Ghosh, S. and Ding, G., 2017. Assessing potential for reduction in carbon emissions in a multi-unit of residential development in Sydney.166-170 Sankaran, S., Abeysuriya, K., Gray, J. and Kachenko, A., 2015. Mellow yellow: Taking a systems thinking approach to designing research on transitioning to more sustainable sewage management.Systems Research and Behavioral Science,32(3), pp.330-343. Wilkinson, S. and Feitosa, R.C., 2015. Retrofitting housing with lightweight green roof technology in Sydney, Australia, and Rio de Janeiro, Brazil.Sustainability,7(1), pp.1081-1098. Wilkinson, S., Ghosh, S. and Lindsay, P., 2014. Urban food production on Sydney CBD rooftops.Urban food production on Sydney CBD rooftops.13-17 Wilkinson, S., Lamond, J., Proverbs, D.G., Sharman, L., Heller, A. and Manion, J., 2015. Technical considerations in green roof retrofit for stormwater attenuation in the Central Business District.Structural Survey,33(1), pp.36-51. Wilkinson, S.J. and Castiglia Feitosa, R., 2016, November. Evaluating the thermal performance of retrofitted lightweight green roofs and walls in Sydney and Rio de Janeiro. InSBE16 International High Performance Built Environments Conference.14-22 Wilkinson, S.J., 2014. Transforming the commercial property market using green roof retrofit and sub-leases for urban food production. InRe-engineering the City: Transitions to Urban Sustainability 2020-2050 Conference.66-74 Wilkinson, S.J., Ghosh, S. and Page, L., 2013, September. Options for green roof retrofit and urban food production in the Sydney CBD. InProceedings of the RICS COBRA Conference, New Delhi, India(Vol. 1012).102-117 Wilkinson, S.J., Osmond, P., Heller, A., Manion, J., Sumich, M. and Sharman, L., 2014, June. Community awareness of green roofs in Sydney. InZEMCH 2014 International Conference. ZEMCH Network.38-41 William, R., Goodwell, A., Richardson, M., Le, P.V., Kumar, P. and Stillwell, A.S., 2016. An environmental cost-benefit analysis of alternative green roofing strategies.Ecological Engineering,95, pp.1-9. Wlkinson, S., Stoller, P., Ralph, P. and Hamdorf, B., 2016. Feasibility of Algae Building Technology in Sydney.Feasibility of Algae Building Technology in Sydney.74-87

Accounting Lectures Income and Taxation Services †Free Samples

Question: Discuss about the Accounting and Taxation Services. Answer: Accounting and Taxation services Issue/ Facts: It is seen that Jones has received a few sums of money in respect of a small practice run by him and providing accounting and taxation services to local businesses. In the course of the year 2009/10, he had billed a sum of $35,000 in respect of his fees and of this a sum of $30,000 has been received. Another amount of $3,000 was received and which represented the outstanding accounts from 2008/09 year. Further, Travelco, a local motel client provided Jones and his wife with free return air tickets to Bali and having an equivalent fares of cost $2,000. Law: All these sums are in the nature of fees received in lieu of professional services rendered by Jones. As per Sec 6-5 of the Income Tax Assessment Act 1997, assessable income includes ordinary income derived from all sources in the given income year. In other words, ordinary income is taxed at the time that it is derived. Now, the term ordinary income is not expressly defined in the act but gets its meaning from various propositions which have been developed over time on the basis of several decisions given by the courts. An item of receipt is determined to be ordinary income or not on the basis of the character of the receipt in the hands of the recipient. The amount received in lieu of personal services rendered is in the nature of ordinary income. As per Sec 21and Sec 21A of ITAA 1936, all non-cash business benefits are considered to be income as if the amount can be converted into cash. (CCH, 2011) Relevant case law is Commr of Taxation v Cooke Sherden (1980) 10 ATR 696; 80 ATC 4140. Another relevant case is the Commr of Taxation v Firstenberg (1976) 6 ATR 297; 76 ATC 4141, where in it was decided that sole practitioners should return on a cash basis. Analysis Conclusion: Thus, $30,000 amount of fees and $3,000 is in the nature of ordinary income because it is received for accounting and taxation services rendered. As per Commr of Taxation v Cooke Sherden (1980) 10 ATR 696; 80 ATC 4140, it was held that if a benefit can be converted into cash, it is income according to ordinary concepts. Thus, the free return air tickets would be treated as income. Also, it was a benefit granted directly in relation to the services rendered. The term derived is not expressly defined in the act but the term gets its meaning from generally accepted principles established over the years on the basis of the various decisions given by the courts in the various case laws. The authority in this case is the Cardens case or Commr of Taxation (SA) v Executor Trustee and Agency Co of South Australia Ltd (1938) 63 CLR 108; 1 AITR 416, where it was held that where a payment is made in reward for professional work or personal services, the return should be taxed on cash basis. Thu s, on application of Sec 6-5 of the Income Tax Assessment Act 1997, Sec 21and Sec 21A of ITAA 1936 and the Cardens case and other relevant case laws, John should return on cash basis. Lectures income Issue/ Facts: Jones is employed at Central University as a lecturer in accounting in a part time capacity. His annual salary is $42,000 p.a. and which he receives in his savings bank account with the State Bank Ltd. In another agreement with the bank, he has arranged that a sum of $5,000 be maintained as a balance in his savings account and the rest must be transferred to his mortgage account with the bank. Also, the interest in the savings account gets offset against the mortgage interest. It is needed to determine the assessability of these amounts. Law: According to Sec 6-5 of the Income Tax Assessment Act 1997, assessable income includes ordinary income derived directly or indirectly from all sources during the particular income year. Further, all amounts received as salary and wages in connection with employment in any capacity is typically treated as ordinary income. The case law relevant is Scott v FCT (1966) 10 AITR 367, where in it was considered that whether a particular receipt is income or not is determined on the basis of the quality of the receipt in the hands of the recipient. (CCH, 2012). Analysis Conclusion: On this basis, it is seen that the amount of $42,000 received by Jones is in the nature of salary received by him for his employment in part time capacity as lecturer in accounting at Central University. And this salary is part of his ordinary income includible in the assessable income. In order to determine the derivation issue and the basis of taxation of this income, we apply the Cardens case and find that cash basis is appropriate in case where income represents receipts for services rendered. Software development Issue/ Facts: John and his wife Joan, who is an IT expert, have been working on developing accounting software for use by small businesses. The system which is called J-Accounts has gotten licensed and is also used by around 175 local businesses for an amount of $100 per year. It is seen that Cashbooks who is a national software developer has agreed to purchase the exclusive rights to use the program for five years. In return, they have agreed to pay a sum of $25,000 to the Joneses and also that after the said five years, a new agreement may be signed. It is needed to determine the character of this receipt. Law: Out of the various propositions developed for ordinary income, it has been established that the receipt arising from a profit making structure will be capital in nature. A compensation for an income-producing activity or the ability to earn income is said to be a capital receipt. But according to Sec 15-20 of the ITAA 97, assessable income includes an amount that you receive as royalty within the ordinary meaning of royalty if the amount is not assessable as ordinary income under sec 6-5. (CCH, 2012). Analysis Conclusion: Applying this principle to the case of the Joneses receiving a sum in return for the exclusive rights to use the program, it is seen that it is in the nature of a capital receipt from the sale of a capital asset. Thus, it is not assessable as ordinary income. On applying Sec 6-5 along with Sec15-20 of the act, it is seen that the amount of $25,000 received for the right to use the program is in the nature of royalty includible as statutory income in the assessable income of Jones. Share Certificate proposal Jones has received a share certificate proposal from a local decorator and picture framer, Herman regarding old share certificates purchased by him from an acquaintance for $500. Jones is interested in commercial history and thus, purchased 500 share certificates relating to old companies that had been liquidated during the great depression of the 1930s. He liked them for the fact that they were very ornate and elaborate and thus capable of being sold for use as a decorative item. When he mentioned this to Herman, he agreed and suggested that if these were properly framed and an inscription was added; it would cost around $100 per certificate and they could sell for $1000 per piece. Further, he also agreed to sell the certificates on a commission of 10%. It is needed to determine the tax consequences of this proposal and for this, it is needed to determine the effect of the sale price of the items, their cost and the commission of Herman on the assessable income of Jones and his tax liability. Law: According to a proposition of what ordinary income is, it is said that all proceeds received from business activities are income by ordinary concepts but it is needed to determine if all such activities amount to business. In London Australian Investment Co Ltd v FCT (1977) 138 CLR 106, the honourable judge laid down a three-step analysis to determine what business is by finding out if there is a business, what is the business exactly and if a transaction is precisely defined within that business.(CCH, 2011). The term business is not comprehensively defined in the act, but Sec 995-1 of the act says that business includes any profession, trade employment, vocation or calling but does not include occupation as an employee. From this it follows that any vocation or interest can form part of business. Analysis Conclusion: Hence, the proposed sale of share certificates by Jones relates to his interest in commercial history and is like a hobby or pastime and which cannot be likened to a vocation for him. Thus, on this basis, the amount which may be realised from this proposed sale cannot be likened to amounts from a business activity and hence, not includible in income. Quiz show Issue/ Facts: Jones took part in a TV station quiz show called Who wants to be rich? and became a winner on the show. The show followed the procedure of randomly selecting the contestants from the local telephone directory. Jones was selected this way and also got the chance to appear for five times on the show. He answered all the questions and became the Grand Champion on the show. For this, he won $200,000 and also a car of value $30,000. It is needed to determine the nature and character of this receipt. Law: One of the propositions relating to income from ordinary concepts causes to exclude windfall games from such income. This is because such gains lack the commercial element which is present in other income producing activities. These are the result of luck and good fortune and not an outcome of employment, rendition of services or business. They are very rarely periodic and regular and cannot be expected to be relied upon. Thus, the character they possess in the hands of the winner is very different from an amount of income. Winnings from lotteries, gambling and raffle prizes are forms of windfall and do not form part of ordinary income. Relevant case law is Kelly v FCT (1985) 16 ATR 478. (CCH, 2012). Analysis Conclusion: On this basis, it can be said that appearance on quiz show does not result in derivation of income as it is not an income producing activity. Also, prizes which are a result of an income producing activity such as a professional service are an exception to this. Re Kelly v FCT (1985) 16 ATR 478. Also, the selection of Jones as a contestant was done on a random basis and not by reason of his professional service. Thus, the amount of $200,000 and car valued at $30,000 received by him is not in the nature of ordinary income includible in assessable income. Conclusion: The above discussion explained the assessability and chargeability to income tax of the various items presented by John Jones. The amount received by him in respect of the practice providing accounting and taxation services is chargeable as ordinary income on cash basis. Further, the outstanding amounts received by him and also the free return air tickets are includible in assessable income as ordinary income. This is in accordance with Commr of Taxation v Cooke Sherden. Similarly, the salary from part time employment as lecturer at Central University received on 15th of every month is an ordinary income to be returned on cash basis. The amount received in respect of software development and sale of the exclusive rights to the use of the program is a royalty payment in accordance with sec 15-20 of ITAA 97 and includible as statutory income. The share certificate proposal deals with an activity which is likely to arise from an interest, hobby or pastime for Jones and not in the natur e of a commercial activity. Hence, it cannot form part of ordinary income. Finally, the earnings from the quiz show are in the nature of windfall gains not to be included as income. References https://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/CCH Australia Staff (2012).Australian Master Tax Guide. Australia: CCH Australia Limited. p378-399. CCH Australia Limited (2011). Australian Tax Casebook. Australia: CCH Australia Limited. p174-599. Commr of Taxation (SA) v Executor Trustee and Agency Co of South Australia Ltd (1938) 63 CLR 108; 1 AITR 416 Commissioner of Taxation v Cooke Sherden (1980) 10 ATR 696; 80 ATC 4140 London Australian Investment Co Ltd v FCT (1977) 138 CLR 106 Scott v FCT (1966) 10 AITR 367