Saturday, September 7, 2019

Human ressources management Assignment Example | Topics and Well Written Essays - 2250 words - 1

Human ressources management - Assignment Example Performances of the organizations are highly dependent on the efficiencies of the employees. The employees are highly informed on this matter. Sometimes they try to resist different changes by manipulating their performance, efficiency and productivity. Organizational change is a serious issue that every modern company is facing. Organizational change is the systematic movement of a company from one position to another position. It may change the outlook of an organization. Resistance of change is not a new concept. Whenever organizations have come up with different changes they face significant and tough challenges from the employees. Sometimes resistances are prominent or direct and sometimes it has been underlying or indirect. The companies across the world are spending lots of money and energy for implementing changes in their organizations without facing too much of resistances. Here in this essay a detailed discussion will be done about how the employees offer effective resista nces to prevent any organizational changes. The essay will include introduction, main body and conclusion. It will be a step by step approach. The main objective of this essay is to find various ways through which employees around the world resist different organizational changes. Organizational change is a regular phenomenon. With the changing scenarios employees are also varying their ways to oppose any changes. The study will help to understand that how employees often hinder the way of changes. In this essay the main objective will be to find out and analyze different methods, generally employees across the world follows to prevent any changes. This essay will inform managements of the different organizations about the possible responses of the employees in the context of organizational changes. If managements of the organizations are able to get the pictures of possible resistances then it will be easy for them to manage different resistances. In

Friday, September 6, 2019

Achieving the Goal Essay Example for Free

Achieving the Goal Essay How will I achieve the goal? There are many things going through my head when I think about the question, but there are only a few important ones that stick out the most. Achieving the goal would be for me to do everything in my power to do the very best I can in college so when I do finish I can become a physical therapist. For me to achieve my goal, I’m going to have to work hard and study even harder so I can get the very best grades while going to Victoria College. I know that college isn’t easy and sometimes it is going to be difficult, but I will not let that stop me from getting my goal. I also know that college is very different from high school. So that means that I’m going to need to work ten times harder than I did back then. I believe that by studying and giving my very best at everything I do in college, I will achieve my goal. I just have to remember that I can’t give up even when it gets hard because that will get me nowhere. Besides doing my best in college, I’m going to need to balance my job as a mother of three and the duties of a house wife. Balancing kids and keeping up with everything that comes with the responsibilities of a wife, home, and family is just another step on the path to achieving my goals. Having a family while also going to school full time can be tough. Sometimes when I get home I’m tired and really don’t feel like doing any homework, but I know that I have to. This sometimes can lead to procrastinating. I’ve gone to school before while having one child and managed just fine with school and work, so I know that I can do it again this go around of college too. Time management is the key though. Having a social life is something else I have to balance with college I believe that I can do all the things I want to with my friends and family and still be able to succeed in college. All I have to do is manage my time and keep my priorities straight. I have to think which is more important, hanging out and watching the football game with friends and family or studying for an upcoming test. Studying of course. I can do all the things I want to do with my family and friends as long as I don’t let it affect my school work. So when I finish my time at Victoria College, I want to transfer to University Houston-Victoria. It has always been my dream to go to a University and make my kids proud. It’s just another step in  achieving my goal. While I am at UHV, I want to succeed at everything I do so I can graduate with a Bachelor’s degree and then even go on to getting a Master’s degree as well. So hopefully when my time is done at UHV, I will have become a physical therapist. Something I have wanted to be for a while now. When it is all said and done with college and I do become a physical therapist, then I know that I have finally reached my goal for myself, my kids, and my husband. All I have to remember is that I can’t lose focus of my goals and dreams, because if I do then I will never achieve true happiness†¦my goal!

Thursday, September 5, 2019

Methods to improve personal and professional skills

Methods to improve personal and professional skills Methods to improve personal and professional skills Successful jobs and promotions seekers recognize their degrees and work experience are not enough to distinguish them from the crowded field of candidates. Though college degrees, professional certificates and experience help you meet the minimum criteria to apply, once you get the chance to interview your demonstrated communication, self management and behavioral skills combined with your presence is what will distinguish you from the competition. Your level of professionalism will relate directly to the degree to which you will RISE ABOVE THE CROWD! We may be a valued employee but if our skills and contributions dont accelerate over the years, especially in tough time like credit crunch, we may find our self out of a job. Its good that the boss likes you, but when are up against serious challenges to the ongoing success of the company, being a liked, known quantity is not enough. The only way we could find successful carrier by Exploring and evaluate methods to improve personal and professional skills and explore methods to improve them. Moreover, company must visualize our talents and contributions as essential to the companys future success. If we are doing a decent job, our reporting employees like and get along with us, and the job is getting done, well likely coast for a little. Change is difficult even when change would be beneficial the organization. Personal skill is something which is the inner responsibility and self esteem. If we take some aspects of personal skill it can be categorized into the followings: Carefulness: This is what we can say think before acting. This helps with reducing the chance for costly errors, as well as keeping a steady workflow going. [1] Cooperation: It is the willingness to cooperate in a working environment with your colleagues or work mates. Creativity: This is the thinking and imagination or you can say different perception in order to bring something positive in the organisation. It is also called as ‘thinking out of box. Discipline: This includes the ability to complete the task with enthusiastic and determined way without being distracted or bored. Drive: Every business needs people with the drive and ‘to do attitude for their growth. Good attitude: This has been shown to predict counter productive work behaviors, job performance and theft. Goodwill: This is a long term record of the person who has got some well-intentioned remarks on his behalf. Influence: This includes the motivational power to influence people in order to maintain a good working team. A strong leader can influence a mass and carry out them in a way to reap gain. Optimism: Productivity is directly proportional to positive attitude which is the optimism. Order: This show the proper placement of thing in order to retrieve them easily when and wherever it is needed. Safe work behavior: Every organisation needs people with knowledge of self protection and safety rules. These include the general fire alarm and first-aid knowledge. Savvy: This is about knowledge about your co-workers behavior and personality and way of dealing with them. It includes a tendency to read other peoples motives from observed behavior and use this information to guide ones thinking and action. Sociability: This is all about socializing while working in the work place. The more you socialize the better less job tensions and more productivity. Stability: This means a tendency to maintain composure and rationality in stressful work situations. The Professional skills are as followings: COMMUNICATION: It is again can be divided into two parts- Verbal and Non Verbal (or Written). [2] Oral- Public speaking, general conversation, seminars, conferences, presentations, workshops and negotiation. Written- Letters, proposals, reports, speeches, manuals, press releases, articles for periodicals and publications PROBLEM SOLVING: It is the skill needed by the employer in order to work efficiently in times when the situation demands and no one there to help. It also can be taking initiative in case of a problem while others find it hard to tackle. It can be classified as followings: [3] Trouble shooting- Problem identification, problem analysis and problem resolution Personnel- Employee morale and satisfaction, productivity and efficiency, work simplification and work flow improvement Customer and Public Relations- Liaison and coordination, improvement in customer service and satisfaction and client support. Personal and Professional development plan Most importantly it is crucial to remember that personal and professional development need to be intentional if they are to result improve individual and organization effectiveness. Plans should connect individual and institution need to meaningful activities. Outcome associated with those activities should be evaluated. Professional development is incomplete without continue professional development (CPD).This normally assists us to orient our self to the subject and in the course of doing so, CPD is a process by which individuals take control of their own learning and development. This progression is empowering and exciting and can inspire people to achieve their goal and move toward their dreams. CPD core concept is the we (as an employee) is in control, CPD is holistic process and can address all aspects of life and balance between them, regular looking forward how we want to be, reflecting on how we are working from our present position towards the future direction, helps in achieving CPD`s purpose and adds hunger and direction to work and learning. CPD works if we have the support and financial backing of our employer and it also works even if the employer is unconcerned or hostile.(Megginson, Whitaker,2003) Value of competence framework in an organisation ïÆ'Ëœ Make companies recruitment process more successful by using competencies to establish the crucial match between job candidates and the demand of the role. ïÆ'Ëœ Manage employees performance more effectively by using competencies to provide performance benchmarks and identify those employees with potential. ïÆ'Ëœ Design a more appropriate training and development programme by using competencies to identify learning needs. ïÆ'Ëœ Improve motivation by using competencies to clarify the link between pay and performance. (Amstrong,2000) Value of competence framework in individuals ïÆ'Ëœ It help to develop and define competencies that are a valuable management tool, providing a common language and framework for understanding organizations performance. ïÆ'Ëœ Explore how to select the competency model that best suits organizations need. ïÆ'Ëœ Helps to understand the fundamental components involved in designing an effective competency framework. ïÆ'Ëœ Effectively implement the competency framework to ensure it contributes organization success. ïÆ'Ëœ Helps to overcome the critical challenges that so often effective implementation ïÆ'Ëœ Improve professional experience through discussions. ( Amstrong,2000) Importance of Planning We tend to use any excuse not to get down to work, and one is uncertainty over where to begin; â€Å"Shall I do this or that?† And the uncertainty becomes an excuse for doing something else and in the end we would be running around like headless chickens not knowing what to do next. So its highly imperative to plan in advance so that there will be clear structure of how to execute the particular task successfully. The simple expedient of writing a list of various things to do and the order in which you are going to do them can save a considerable amount of time. Although it is important not be overly ambitious while planning as you can always do something extra at the end if time permits. When you make a list of everything you have to do the following day, your subconscious mind works on that list all night long and when you wake up next day, you will be able to generate more insights and develop strategies to help accomplish the task in hand. It will also help to use manpower , opportunities and resources you need to achieve your goals and complete the assignment successfully. So planning well in advance is necessary and recommended because it eradicates all the doubts and ambiguity regarding the task and helps an individual to forge ahead and complete the task in the best possible way. [6] Stress management techniques Job stress and its related conditions, job burnout, contribute to poor physical and mental health. Employee stress is a source of discomfort and a major concern to managers and stockholders. According to research, a worker stress cost $300 billion annually due to lot of productivity, increase workers compensation claims, and anxiety in general of dread, fear or worry for no immediate reason, and is a symptom of stress. Behavioral symptoms include nervous habits, such as facial twitching, and sudden decreases in job performance due to forgetfulness and errors in concentration or judgment. The control techniques consist of both actions and mental evaluations that help people take change in stress situation. (a) Get social support- Few people can do it alone when experiencing prolonged stress. Receiving social support encouragement, understanding and friendship- from other people is an important strategy for coping successfully with job stress. (b) Improve your work habit- This technique can be used for improving your personal productivity to reduce stress. People typically experience stress when they feel themselves losing control of their work assignments. Conscientious employees are especially prone to negative stress when they cannot get their work under control. (c) Develop positive self talk- Stress resistant people are basically optimistic and cheerful. This kind of positivism can be learned by switching to positive talk instead of thinking about negative thoughts. (d) Demand less than perfection from yourself- By demanding les than 100% performance than yourself, you will fail less frequently in your own perception. Not measuring up to ones own unrealistically high standards creates a considerable amount stress. Few human can operate with zero defects or ever achieve six-sigma perfection. (e) Strive not to neglect aspects of life outside of work- There is a big difference between a negative type of workaholic and a person who simply works hard and long to achieve constructive goals. A negative workaholic usually becomes anxious when not working. When a person neglects other aspects of life outside of work, such as spending time with family, friends and physical exercise, the person is more likely to suffer from stress symptoms such as irritability and lack of focus. [7] References : 1. www.emeraldinsight.com/Insight/ViewContentServlet?/pdf/(cited 10 July 2009) 2. www.communicationskills.co.in/t (cited 10 July 2009) 3. Robson , Continuous process improvement: simplifying work flow , p37 4. Continuing professional development, by David Megginson, Vivien Whitaker,2003 5. Performance management: key strategies and practical guidelines‎ by Michael Armstrong Limited preview 2000 6. Goals! How to get everything you want- faster than you ever thought possible, ‘Manage your time well by Brian Tracy, PP 165-166 7. Essentials of management by Andrew J DuBrin,, 7th edition, 2005, pp 18-28. Key questions for the Pragmatist Q1 Shall I be learning to do things with obvious practical links to my job? A1 It is easier to learn from experience when you can actually relate your learning to real life experience. When you have actually gone through the experience, you will be able to pick out and isolate the flaws and rectify it. Q2 Will the learning approach includes lots of practical tips and techniques? A2 After going through all the theory, techniques and concepts, it is imperative to have a reality check and test the practicality of the theories and concepts. it is very useful to learn practical tips and techniques along with the theory. Q3 Will there be ample opportunities to practice and experiment using â€Å"live† problems or good simulations? A3 There will be sufficient opportunities to practice and experiment during your learning but the most important thing is to understand the concept. A single practical experiment could able to solve a hundred theory questions. So even if there is no exact practical solution to a particular problem, you can always correlate it to previous experience and could find out the solution. Q4 Will there be coaching and feedback from a credible expert or role model: ie someone who is successful and can do what is being taught themselves? A4. An experienced person has the wealth of knowledge and expertise which he can share to the budding managers. And at the same time his feedback to a particular solution is equally important. Q5 Will there be an immediate real life application which can be included in my action plans? A5 It will be very useful you could include immediate real life application into you action plan because then It become more easier and the Individual will be able to perform the task in the best possible way. Q6 Will it contribute to the immediate performance of myself and my colleagues by addressing current problems? A6. It will not only contribute to the immediate performance but also have a positive impact on the future performance of an individual or a team by addressing current problems. Personal Development Plan A PDP is just a different name for an action plan which refers specifically to your aspirations regarding personal development. Plans are made every day, but are not always written down and for those reasons PDP are drawn which allows you to set your own personal targets and find the best possible way to achieve them. An action plan will help you to envisage what you are doing and keep track of your achievements. To be totally effective, it must be reviewed at regular intervals to ensure that it is always precise, appropriate and pragmatic. [1] Personal development plan is a key component in the future working practice of all professionals. In the future, educational provision should be based on educational needs assessment. This means that the individual and the organisation must find a method to identify their educational needs and then methods to fulfil those needs for the benefit of the company. These plans are designed to structure educational activity of managers and their teams and to accomplish specific areas of development within the practice. They should take into account the individuals learning needs, the developmental needs of the practice as a whole and the priorities of the company. It consists of the following plan: †¢ Specifying how the learning needs are identified. †¢ The educational activity proposed to meet those needs †¢ How the plan will be addressed. Balancing the development needs of the managers to meet the needs of individual team members is sometimes difficult. Through Professional Development Plan individuals can start to understand why some areas of practice activity are given priority over others and how the decision was made. [2] What skills do you need to develop to do the job better? Are these shortcomings in your management capacities that you need to try to address? Are these projects or special assignments that you could get involved in that could strengthen you skills? Are there formal courses or programs that could strengthen your capabilities? It is especially critical that you do this when you are making key career passages. If you are a first time manager, get in the habit early of asking your boss for feedback and help in developing supervisory skills. Your willingness to seek candid feedback on your strength and weakness and, critically, your ability to act on the feedback send a powerful message. The same fundamental principle holds whether you are becoming a manager for the first time, functional leader, a general manager, or CEO. Whenever you are at a point in your career when success demands a different set of skills and attitudes, discipline yourself to be open to learning from others who ha ve gone before you. Dont restrict your focus on hard skills. The higher you rise, the more important the key soft skills of cultural and political diagnosis, negotiation, coalition building, and conflict management will become. Formal training can help, but development assignments- in project teams, in new parts of organisation, in different functions, in different locations- are indispensible in honing these key managerial skills. For example, no matter what type of situation you are entering, it can be useful to put together a 90- day plan and to get buy-in from your boss. Usually you will be able to devise a plan after a couple of weeks in the new job, when you have begun to connect with the organisation and to get the lay of the land. Your 90-day plan should be written, even if it just consists of bullet points. It should specify priorities and goals as well as milestones. Critically, you should share it with your boss and seek buy-in for it. It should serve as a contract betwee n the two of you about how you are going to spend your time, spelling out both what you will do and what you will not do. To begin to develop your plan, divide the 90 day into three blocks of 30-days. At the end of each block, you will have a review meeting with your boss. [3] In development programmes, there is an emphasis on personal development and planned learning from experience. Personal development programme is carried out by individual with guidance, encouragement and help from their managers as required. A personal development plan sets out the actions people prepare to take to learn and develop themselves. They take responsibility for formulating and implementing the plan, but they receive support from the organisation and their managers in doing so.Personal Development Programme consists of following stages 1. Analyse current situation and development needs What am I good at? a. Communication Skills b. Sincerity and Hardworking attitude c. Creativity What do I need to work on? a. Personal Organisation b. Leadership Skills c. Decision Making What could help me along? a. Taking responsibility for the activities of others during work experience. b. Setting priorities and meeting deadlines. c. Organising various activities and events. What could stop me? a. Lack of resources (money/time). b. Lack of concentration and focus. 2. Set Goals- These could include improving performance in the current job, improving or acquiring skills, extending relevant knowledge, developing specified areas of competence and preparing for changes in the current role. The most appropriate way or organising work is to set short term goals, medium term goals and long term goals. 3. Prepare action plan- The action plan sets out what needs to be done and how it will be done under headings such as outcome expected, the development activities, the responsibility for development and timing. Reference 1. www.learning-forces.org.uk//PERSONAL%20DEVELOPMENT%20PLANS2.doc, (cited 22 August 2009. 2. Personal Development and Practice Professional Development Plans in Primary Care Sector, by Derek Gallan, Glyns Buckle, 2001, pp 3-12. 3. The first 90 days: critical success strategies for new leaders at all levels By Michael Watkins, 2003, pp120-143. 4. A handbook of Human Resource Management Practices By Micheal Armstrong, 2001, pp 571-580.

Wednesday, September 4, 2019

The Culture of Talk Shows Essay -- Talk Shows Television Media Essays

The Culture of Talk Shows If social order is not a given, if it is not encoded in our DNA, then to some extent we are always in the process of producing "virtual realities," some more functional than others. Habits, routines, and institutions are the patterns that create the "world taken for granted." Knowledge of how to behave is contained in cultural scripts that are themselves products of human interaction and communication about the nature of "reality." Shame, guilt, embarrassment are controlling feelings that arise from "speaking the unspeakable" and from violating cultural taboos. Society is a result of its boundaries,of what it will and won't allow. As we watch, listen, and are entertained, TV talk shows are rewriting our cultural scripts, altering our perceptions, our social relationships, and our relationships to the natural world. TV talk shows offer us a world of blurred boundaries. Cultural distinctions between public and private, credible and incredible witnesses, truth and falseness, good and evil, sickness and irresponsibility, normal and abnormal, therapy and exploitation, intimate and stranger, fragmentation and community are manipulated and erased for our distraction and entertainment. A community in real time and place exhibits longevity, an interdependence based on common interests, daily concerns, mutual obligations, norms, kinship, friendship, loyalty, and local knowledge, and real physical structures, not just shared information. If your neighbor's house is on fire, you are motivated to help put it out, or at least interested in having it put out, because you care about your neighbor and the fire is a threat to your own house. Television talk shows create an ersatz community, without any of the social and personal responsibilities that are attached to real life. Therapy as entertainment is the appeal of these shows. The so-called hosts rely on the cynical use of the therapeutic model for psychological sound bites. The need to educate and inform the audience is the voiced rationale for getting the so-called guests to give ever more titillating details of their misdeeds, or of the misdeeds done to them by family or friends (often not on the show). The underlying assumption -- that most social pathology is the result of a medical problem beyond the control of t... ...rs. Traditional expectations of polite formalities and barriers are constantly breached within the action of the play. The husband, at one point says, "Aww, that was nice, I think we've been having a, a real good evening, all things considered. We've sat around, and got to know each other, and had fun and games . . ." Who's Afraid of Virginia Woolf?, however disconcerting to the audience, is just a play with actors. Television talk shows are arenas for real people. Their manipulation by "hosts," who alternate between mocking, a patronizing cynicism ("I want to be as smart as you someday" -- Phil), and a carefully constructed verisimilitude of caring ("Thank you for sharing that with us" -- Oprah) must have repercussions for the "guests" after the show is over. These people may really be seeking help or understanding. Appropriate reactions seem virtually impossible under the circumstances. We the viewing audience have entertained ourselves at the disasters of real lives. This is one of the more shameless aspects of the talk show spectacle. As passive witnesses, we consume others' misfortunes without feeling any responsibility to do anything to intervene.

Tuesday, September 3, 2019

Acid Rain: Its Effects on Aquatic Environments :: Geology

Acid Rain: Its Effects on Aquatic Environments What is Acid Rain?: Acid rain is rain, snow or fog that is polluted by acid in the atmosphere and damages the environment. Two common air pollutants acidify rain: sulfur dioxide (SO2) and nitrogen oxide (NOx). When these substances are released into the atmosphere they are transformed into sulfuric acid (H2SO4) and nitric acid (HNO3) and can be carried over long distances by prevailing winds and return to earth as acidic rain, snow, fog or dust. When the environment cannot neutralize the acid being deposited, damage occurs. Causes of SO2 and NOx: * Sulfur dioxide (SO2) is generally a byproduct of industrial processes and burning of fossil fuels. Ore smelting, coal-fired power generators, and natural gas processing are the main contributors. * The main source of NOx emissions is the combustion of fuels in motor vehicles, residential and commercial furnaces, industrial and electrical-utility boilers and engines, and other equipment . Acidification of Freshwater: General Info: Freshwater acidification is not an entirely new problem. First linked to the decline of salmon and other fish stocks in Norwegian rivers some sixty years ago, freshwater acidification was later identified as a problem in Scandinavia during the 1970’s. Since then, thousands of rivers and lakes have been proven acidified. Areas most susceptible to acidification are those with an unreactive catchment such as granite and a base, nutrient-deficient soil. Areas of high acidification incidence include the United States, Canada, Scotland, Central Europe, and Scandinavia. Any lake below pH7.0 is, by strict definition, an acid lake, but it is generally argued that acid waters are those below pH5.0 where sulfate concentrations exceed those of carbonate or the sum of calcium and magnesium content. Process: Acid rain enters water by two routes: directly and through the catchment. The vast majority enters through the catchment while a relatively small percentage enters directly. Acid water passes easily to the lake through catchment consisting of shallow soil cover and alkaline-deficient bedrock such as granite, which does not contain the carbonates necessary to neutralize the acid. In areas where a continual supply of base cations is not assured then the gradual depleting of the bicarbonate in the lake means that the once stable pH will drop rapidly resulting in an acidified lake. Acidification can also occur in surges after snowmelt or drought; the first 30% of snowmelt can contain 50 - 80% of the total acids in the snow. Acid Rain: Its Effects on Aquatic Environments :: Geology Acid Rain: Its Effects on Aquatic Environments What is Acid Rain?: Acid rain is rain, snow or fog that is polluted by acid in the atmosphere and damages the environment. Two common air pollutants acidify rain: sulfur dioxide (SO2) and nitrogen oxide (NOx). When these substances are released into the atmosphere they are transformed into sulfuric acid (H2SO4) and nitric acid (HNO3) and can be carried over long distances by prevailing winds and return to earth as acidic rain, snow, fog or dust. When the environment cannot neutralize the acid being deposited, damage occurs. Causes of SO2 and NOx: * Sulfur dioxide (SO2) is generally a byproduct of industrial processes and burning of fossil fuels. Ore smelting, coal-fired power generators, and natural gas processing are the main contributors. * The main source of NOx emissions is the combustion of fuels in motor vehicles, residential and commercial furnaces, industrial and electrical-utility boilers and engines, and other equipment . Acidification of Freshwater: General Info: Freshwater acidification is not an entirely new problem. First linked to the decline of salmon and other fish stocks in Norwegian rivers some sixty years ago, freshwater acidification was later identified as a problem in Scandinavia during the 1970’s. Since then, thousands of rivers and lakes have been proven acidified. Areas most susceptible to acidification are those with an unreactive catchment such as granite and a base, nutrient-deficient soil. Areas of high acidification incidence include the United States, Canada, Scotland, Central Europe, and Scandinavia. Any lake below pH7.0 is, by strict definition, an acid lake, but it is generally argued that acid waters are those below pH5.0 where sulfate concentrations exceed those of carbonate or the sum of calcium and magnesium content. Process: Acid rain enters water by two routes: directly and through the catchment. The vast majority enters through the catchment while a relatively small percentage enters directly. Acid water passes easily to the lake through catchment consisting of shallow soil cover and alkaline-deficient bedrock such as granite, which does not contain the carbonates necessary to neutralize the acid. In areas where a continual supply of base cations is not assured then the gradual depleting of the bicarbonate in the lake means that the once stable pH will drop rapidly resulting in an acidified lake. Acidification can also occur in surges after snowmelt or drought; the first 30% of snowmelt can contain 50 - 80% of the total acids in the snow.

Monday, September 2, 2019

Management Accounting Essay -- Management

Finances Future: Challenge or threat?-Management Accounting Missing Article This article is a bout the changing demands of the business world and the impact it will have on management accounting. According to this article the business role that management accountants play will be significantly different in the future. While this change is inevitable it is unclear how many of today's accountants will be able or willing to adjust to the change and conform to what is being called "New Accounting." Accountants in the future will have to play a much larger role in their organization. Becoming a change agent, someone who can help accelerate change in an organization. This is a problem for most accountants who are used to doing the same job year after year with little to no change. Since the introduction of the computer management has recognized that the PC can perform in much less time many of the tedious number crunching activities accountants spend hours doing. As a result of this accountants are being asked to do more and become analytical and proactive, looking into the future and joining with management in making and taking responsibility for all those tough decisions. Management expects the accounting department in addition to its role processing transactions to serve as the central information hub and purveyor of all sorts of data stored on the computers. Accountants doing the same time that all these changes were happening due to PC were also facing change due to the new idea of "reengineering." This is the idea of going beyond seeking efficiencies and asking is this business process really necessary?. And if it is how can it be designed to better serve the business. If a task is unnecessary then the people who perfor... ... constant as learning should be in order to stay competitive. With the introduction of the PC accountants need to step up and prove that their role is still necessary focusing not only on balancing the books but serving as a center of information for the organization. In the future I think that this is what management accounting will be all about. Crunching number is a job better left up to the computer systems. By integrating all the functions of the finance department, finance becomes a chief driver of the decision making process. Accountants in the future must be able to adapt to change, take risks, and do more thinking and analyzing than number crunching and reporting. The new role of management accountants as the data keeper for the entire organization makes them the backbone of today's organizations which is a far larger job than balancing the books on time.

Sunday, September 1, 2019

Principles of Accounting Essay

1.Analyze the effects of Draper Consulting transactions on the accounting equation. Use the format of Exhibit 1-6, and include these headings: Cash; Accounts receivable; Supplies; Equipment; Furniture; Accounts payable; and Draper, capital. 2.Prepare the income statement of Draper Consulting for the month ended December 31, 2012. 3.Prepare the statement of owner’s equity for the month ended December 31, 2012. 4.Prepare the balance sheet at December 31, 2012. PANEL A—Details of Transactions 1. Received $18,000 cash and gave capital to Draper. 2. Paid monthly office rent, $550. 3. Paid cash for a Dell computer, $1,800. This equipment is expected to remain in service for five years. 4. Purchased office furniture on account, $4,200. The furniture should last for five years. 5. Purchased supplies on account, $900. 6. Performed consulting service for a client on account, $1,500. 7. Paid utility expenses, $250. 8. Performed service for a client and received cash of $1,100. 1 Received $42,000 cash and gave capital to Stewart. 4 Purchased supplies, $700, and furniture, $1,900, on account. 6 Performed services for a law firm and received $1,400 cash. 7 Paid $24,000 cash to acquire land for a future office site. 10 Performed service for a hotel and received its promise to pay the $1,000 within one week. 14 Paid for the furniture purchased September 4 on account. 15 Paid secretary’s bi-monthly salary, $490. 17 Received cash on account, $400. 20 Prepared a design for a school on account, $700. 28 Received $2,100 cash for consulting with Plummer & Gorden. 30 Paid secretary’s bi-monthly salary, $490. 30 Paid rent expense, $650. 30 Stewart withdrew cash of $3,000. Requirements 1.Open the following T-accounts: Cash; Accounts receivable; Supplies; Furniture; Land; Accounts payable; Stewart, capital; Stewart, drawing; Service revenue; Salary expense; and Rent expense. 2.Record each transaction in the journal, using the account titles given. Key each transaction by date. Explanations are not required. 3.Post the transactions to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal, as shown in the chapter. 4.Prepare the trial balance of Doris Stewart, Designer, at September 30, 2012.