Saturday, September 7, 2019
An essay considering whether Romeo and Juliet Essay Example for Free
An essay considering whether Romeo and Juliet Essay Romeo and Juliet was a play written by William Shakespeare in 1595. William Shakespeare died on St. Georges day, 23rd April, 1616, making Romeo and Juliet one of his earlier plays; written in what is now described as his second period, from his joining the Lord Chamberlains men in 1594 to the opening of the Globe Theatre in 1599. The diversity of Shakespeares work included comedies, histories and tragedies as well as poetry. Romeo and Juliet comes under the category of a tragedy, tragedy meaning an event in which something dreadful occurs, or in a theatrical sense a serious play with a tragic theme, often involving a heroic struggle and the downfall of the main character. This definition of tragedy relates to Romeo and Juliet because it is a play in which both the principal characters die in preventable circumstances at the close of the play. The downfall of Romeo and Juliet occurs by the fact that both characters start as young, beautiful descendents of powerful families and find themselves fleeing the city of Verona in fear of their lives and their relationship both banished by the authorities or their own households. However, an alternative view could be developed by looking at the perception of the word tragedy when the play was written; in the late 16th century. People of the time were of the view that if something tragic were to happen it must happen to a person of innocence, otherwise it is not technically tragic. Romeo is not an innocent person because he takes the life of another person on more that one occasion, with the murders of Tybalt and Paris. Even though there is the argument that these crimes were a consequence of his obsessive and at times over-enthusiastic love for Juliet, they are still actions that take away his virtuousness. Juliet damages her purity by treating the wishes and guidance of her parents with contempt and disregarding the arranged marriage to Paris. These egocentric actions help develop another, more imperfect impression of the two protagonists which provides an argument against Romeo and Juliet being a tragic play. In further illustration, tragic storylines generally end in unhappy circumstances, which on the one hand Romeo and Juliet does with the many deaths, for never was a story of more woe, than this of Juliet and her Romeo. Whilst on the other hand it could be argued that a more exultant conclusion occurs by the fact that the long-standing feud between the Montagues and the Capulets is finally resolved through their deaths. Basis for this statement is provided in the final scene by Capulet, O brother Montague, give me thy hand, this is my daughters jointure, for no more can I demand. In Shakespearean times Romeo and Juliet would have been compared to such tragic plays as Hamlet and Macbeth which were tragedies to the exact definition because they entailed stories of monarchs with flawed characters diminishing from the highest place in society to death over the course of the play. These stories fulfilled the public criteria for a tragic tale; a concept initially introduced by Aristotle, a Greek philosopher who lived from 384 to 382 BC. He produced directives for the perfect tragedy, concepts which heavily influenced academics and writers throughout Europe. He dictated that, the tragic heroes of any play must be people of royal or other high-born backgrounds. Therefore, Romeo and Juliet can be argued against being a tragedy because the two central characters are not royalty or part of any particular hierarchy. Many contend that being young and beautiful puts them in a social position to surpass most to begin with, although this does not fit unerringly into Aristotles theory. Aristotle exactly specifies the protagonists must be of royal or other high-born backgrounds, explicitly kings or generals, which Romeo and Juliet are not. The aforementioned statement can be supported by the following quotation from act three, scene one, in which Romeos killing of Tybalt is analysed, with the prince announcing, Immediately we do exile him hence. The fact that he has been exiled prior to his death illustrates further the fact that he is at a low point in society. Additionally, Aristotle also expresses his belief that these high born protagonists should have fatal flaws which lead to their downfall. Romeos fatal flaw is his impetuous and spontaneous nature which causes him to act before thoroughly thinking about what he is doing and considering the consequences of his actions. An example of his rashness comes when Balthasar tells Romeo that Juliet is dead, not knowing it is a faked death, hire post-horses, I will hence to-night. Here he is saying he will return to Verona, which he has been banished from, without waiting for news from Friar Lawrence; an action, as the audience soon finds out, that causes his death. His hot-headed rashness develops into the fuel for his uncontrollable obsession for his love, Juliet; who herself is fatally flawed by her notorious and narcissistic disobedience which causes her to defy the instructions and beliefs of her family. Juliet becomes so caught up in the irrepressible ardour of her relationship with Romeo that she fails to see the outrage and hatred she is rousing from an already hostile feud between two households. An example of her defiance comes when her mother tells her of her arranged marriage to Paris, He shall not make me there a joyful bride. Here she refuses to marry Paris, which infuriates her parents, causing them to reject their daughter; and inevitably her characters downfall as she is now shamed. These self-centred actions defiantly caused their demise leading to their death because if they both were to act with less haste when fuelling their love for each other then some of the consequences that occurred may have been prevented. Therefore, it is possible to maintain that Romeo and Juliet both suffered dramatic downfalls due to their own actions. On the contrary to this it could also be argued that as both their families recognised their lives by erecting statues of them, for I will raise her statue in pure gold, their characters therefore living on in a manner of speaking, meaning that their characters were not entirely degraded by their actions, thus rendering their characters not downfallen. Moreover, another notion primarily introduced by Aristotle was centred around the audiences perception of a tragedy, and how this could be used to define a tragic play. He said that the audience should feel pity and terror, pity for the hero and terror at the importance of the gods. This relates to Romeo and Juliet in the sense that the heroic characters are Romeo and Juliet themselves, whom the audience does feel a certain amount of pity for because of the unfortunate and seemingly preventable misfortunes that happen to them throughout the course of the play. Juliet is pitied for the fact that she is disowned by her family, do as thou wilt, for I have done with thee.
Friday, September 6, 2019
Coptic Christians Essay Example for Free
Coptic Christians Essay As one of the most dominant sources of primary readership in the world newspapers have a great deal of power over what their recipients read and believe; with this being the case it is no surprise that it is the editorial standpoint of the articles presented in your local newspaper that dictate how you feel about particular subjects, especially those of international appeal, not unlike the varying views of the recent pig culls in Egypt. With tensions in the area high and ready to boil over the Egyptian government has started a controversial pig cull that has left outside nations confused and poverty stricken pig farmers throwing stones. After having learned some very hard lessons with mad cow disease and bird flu fatalities, the Egyptian government began the cull to prevent the infestation of swine flu and it has since been deemed a general health measure of great concern and unending debate. People consider newspaper articles to be almost as valid a source as a first-hand account, often viewing news reports as individuals writing ââ¬Å"liveâ⬠from the location of the story as if a part of the incident taking place; it is never taken into account the fact that a great deal of newsprint stories are taken down from the Associated Press and reported in the way that the writer and editors of newspaper should see fit. Thus, with the story being reported and relayed differently the perceptions of readers in France, America, the United Kingdom and various other parts of the world are likely to be very different when it comes to stories like this one. Although the story has been reported all over the world, the only way to get the mixings of the real story with all of its elements would be to include the information obtained in every newspaper that has covered the story, or to at least take representative samples from varying parts of the world like what has been done here. Where one country may report predominantly on the religious aspects of the dispute another country may focus more on money and another on class, so in order to get the full story you must put together the pieces that you receive from the sources you review. In presenting information like the fact that the World Health Organization reports that the swine flu outbreak was spread through a person-to-person system of transmission and that in none of the more than 700 cases reported worldwide was there believed to be any animal-to-person transmission, nor were there any fatalities or serious cases reported outside of Mexico it is clear that BBC News is attempting to portray the views and understandings of various international organizations like the United Nations and their World Health Organization. This newspaper is attempting to present how the issue is being perceived by international health officials. BBC News also spent a great deal more time presenting the religious argument than on the monetary aspects and the class issues over the controversy of physical disputes. They reported that most people living in Cairo are Muslim, so it is the belief of the pig farmers, as Coptic Christians, that the pig cull is a personal attack on them as a direct insult against their chosen faith. With Muslims having taken a vow against pork, the pig farming and consumption that takes place in Egypt is enacted by its Coptic Christian minority, which constitutes only about 10% of the Egyptian population. BBC News is trying to make clear here that the Coptic Christians are being unfairly targeted as the lower class minority, an element not very well touched on in some of the other periodicals.
Thursday, September 5, 2019
Effects of Caffeine and Nicotine on the Mind
Effects of Caffeine and Nicotine on the Mind Jodi Hawkins Nicotine and caffeine are substances that most people do not consider a drug, but most do acknowledge that they are addictive substances. The effects on the mind and body are something else that most do not consider significant, however, both are highly addictive and affect numerous aspects of the mind and body. This paper will cover some of the misconceptions and myths and provide clarification of the actual effects of nicotine and caffeine on the mind and body. Caffeine is probably one of the most misconstrued drug of the two and most do not consider it much of a danger or consider that it has effects on the body other than simply producing a bit of energy. Die hard caffeine drinkers will often complain of a headache if they do not have their normal dose of caffeine, while it appears to have no effect on others no matter how much or how often they consume it. What must be understood about caffeine is that it is a drug, it is considered a psychoactive drug, and has effects on the body that must be taken into consideration. Julien, Advokat, and Comaty (2011) discuss the known effects such as the effects on the central nervous system (CNS), the cardiac and respiratory systems, the diuretic effects, therapeutic effects including treatment of asthma and migraines, and describe caffeinism. Caffeinism is a clinical syndrome that occurs when there has been an overuse of caffeine and symptoms include anxiety, agitation, and insomnia as well as tachycardia, hypertension, cardiac arrhythmiaââ¬â¢s and gastrointestinal disturbances. This goes to show that caffeine is like many drugs in that it can be a good thing if used in moderation, but can have adverse side effects when used improperly or overused. Perhaps one of the most common therapeutic uses of caffeine is the use for migraine headache and headache in general. It can be found in combination with aspirin in several products due to the constriction of blood vessels it causes. When the vessels constrict it decreases the blood flow to the brain by up to thirty percent which can reduce pressure to the brain relieving the headache (Julien, Advokat, Comaty, 2011). Consumption of caffeine that is prolonged can cause several adverse effects such as headache, fatigue, osteoporosis, adrenal stimulation, and apathy, and also has the ability to cross the placental and blood-brain barrier and has the potential to cause fetal malformation if the fetus has not developed the enzymes needed for demethylation of caffeine (Gummadi, Bhavya, Ashok, 2012). So in essence, some of the desirable and therapeutic effects that are garnered such as headache relief and energy increase can reverse in overuse or prolonged use. And even though it is a drug, it is not a regulated drug but is a much researched drug due to the therapeutic effects and the seemingly endless applications. Athletics is an application where caffeine is highly promoted in energy drinks, energy bars, and diet aids. Although caffeine is considered a stimulant and performance enhancing it is widely accepted and not regulated or banned from use in athletic competitions. McDaniel, McIntire, Streitz, Jackson, and Gaudet (2010) discuss some of the research done in regard to athletic performance and caffeine use and the increase in speed and power and ability to train longer when caffeine is used. Nicotine is another drug that is not necessarily considered a drug by the general public, although there is a general consensus that it is found in tobacco products and not necessarily good for the body. Unfortunately this assumption is mainly based on the fact that it is in tobacco and the tobacco is usually the focus of most mainstream media along with the effects of tobacco on the user and second-hand effects on people in the vicinity of the user. While tobacco is unhealthy, it is the nicotine contained in the tobacco products that causes the addiction to the tobacco and should have more focus placed on it when discussing or reporting the negative effects of tobacco. Nicotine like caffeine is a psychoactive drug and is one of the three most widely used (the other two being caffeine and ethyl alcohol), and while it has no therapeutic applications in medicine it is nevertheless widely used and has a well-defined toxicity (Julien et al., 2011). Nicotine use used to be limited to more traditional cigars, pipes, cigarettes, chewing tobacco, and snuff, but more recently it has been expanded to include other smokeless products as smoking has been more and more regulated. Some of the products that are currently flooding the market are strips, sticks, pellets, snus pouches, e-cigarettes (smokeless nicotine vapor electronic cigarettes). Traditional cigarettes contain between 0.5 and 2.0 milligrams of nicotine, but some of the smokeless applications such as the strips can contain just under a milligram to as much as four milligrams of nicotine in one use (Julien et al., 2011). Nicotine is absorbed through every site on or in the body and the elimination half-life in a chronic smoker is approximately two hours which necessitates a frequent administration to avoid withdrawal symptoms, and has effects on the peripheral nervous system, hear, and other body structures (Julien et al., 2011). In researching the addictive properties of nicotine, there is far less research found on the actual effects than there is on cessation from the addiction. Some articles say that nicotine is addictive as heroin while others say that one could not possibly ingest enough nicotine to equal the addictiveness of other drugs, and both types of articles have multiple peer reviewed sources to back up the claims. This author has first- hand experience with nicotine and tobacco use/addiction, and while tobacco can be an enjoyable experience, it is this authorââ¬â¢s personal view that believes the research that claims that nicotine is highly addictive causing withdrawal symptoms and cravings. Withdrawal symptoms can include nervousness, agitation, mood swings, lack of concentration, and increased appetite as observed by the author. The increased appetite at times appears to be a nervous response to needing something to do with the hands and mouth rather than an actual increase in appetite, but regardless it can and does often lead to weight gain upon cessation of smoking. Julien et al. (2011) further reinforce this belief as abstinence symptoms listed include the previously mentioned along with restlessness, insomnia, and severe cravings, as well as pointing out that many times when smokers seek treatment for drug or alcohol addictions it is often more difficult to quit smoking than to quit other drugs. No matter how adverse the effects of nicotine is on the body or mind, the primary problem is that the products that nicotine are in cause far worse health problems than the nicotine does. Various forms of cancer, increased risk of stroke, and heart attack are just a few physical problems directly related to tobacco use, and although e-cigarettes are touted as being relatively safe because they do not contain tobacco product the fact remains that they still contain a substance that is considered addictive. Any drug that is considered as addictive, can and will have adverse effects on oneââ¬â¢s body and should not be treated lightly, and as in the case of nicotine a drug that directly affects the brain is nothing to sneeze at. Nicotine induces physiological and psychological dependence in the majority of smokers and very few smokers seem capable of sudden termination of smoking without experiencing abstinence symptoms (Julien et al., 2011). What also must be taken into consideration is the effects of second-hand smoke that is experienced by others in the close vicinity of a tobacco smoker, and it is the carcinogens in the smoke and not the nicotine that causes the health problems that can be experienced when subjected to second-hand smoke. One thing that should be taken into consideration is that both nicotine and caffeine are considered drugs, addictive drugs that are also psychoactive and thus mood altering. According to the Bible our bodies are Godââ¬â¢s temple, ââ¬Å"What? know ye not that your body is the temple of the Holy Ghost which is in you, which ye have of God, and ye are not your own?â⬠(I Corinthians 6:19, KJV) which would bring one to the conclusion that any substance that alters oneââ¬â¢s being and is not therapeutic (medically prescribed and necessary) should not be used. This does not mean that most people consider either nicotine or caffeine as a sin, but if the Bible is taken literally then both substances would be considered forbidden. While there are some religions that do consider caffeine along with any other mood altering substance as forbidden, it is generally accepted as can be witnessed in almost any church kitchen for most contain coffee and coffee making appliances. Smoking is more frowned upon by most Christians, but as other vices in this day and age is not considered as ââ¬Å"badâ⬠as it once was Biblically speaking, just physically detrimental. In conclusion, the evidence is overwhelming that both nicotine and caffeine are physically and psychologically addictive, but caffeine is the only one of the two that has therapeutic uses but still must be used in moderation to avoid adverse effects. References Gummadi S N Bhavya B Ashok N 2012 Physiology, biochemistry and possible applications of microbial caffeine degradation.Gummadi, S. N., Bhavya, B., Ashok, N. (2012). Physiology, biochemistry and possible applications of microbial caffeine degradation. Applied Microbiology and Biotechnology, 93(2), 545-554. 201401121455511055491090 Julien R M Advokat C D Comaty J E 2011 primer of drug actionJulien, R. M., Advokat, C. D., Comaty, J. E. (2011). A primer of drug action (12th ed.). New York, NY: Worth Publishers. 2014011214131192421770 McDaniel L W McIntire K Streitz C Jackson A Gaudet L 2010 effects of caffeine on athletic performance.McDaniel, L. W., McIntire, K., Streitz, C., Jackson, A., Gaudet, L. (2010). The effects of caffeine on athletic performance. College Teaching Methods Styles Journal, 6(1), 33-37. 20140112152043315758228
Wednesday, September 4, 2019
Minor Characters Impact on Willy Loman in Arthur Millers play, Death
Minor Characters' Impact on Willy Loman in Arthur Miller's play, Death of a Salesman In the Arthur Miller play Death of a Salesman, Willy Loman comes in contact with several characters, many of whom prompt him to examine his past as well as his conscience. Charley's son Bernard is such a character. Lacking dimension and depth of character, Bernard functions primarily as a foil to expose Willy's tragic and pathetic nature. The other characters have no real interaction with Willy that would allow for development. During Willy's first flashback, Bernard appears only to remind Biff of the Regents exam. Willy refers to Bernard as a "pest" and an "anemic," and Biff mimics his father by saying that Bernard is "liked, but not well liked." Despite Bernard's academic talents, Willy and his ...
Tuesday, September 3, 2019
The Horror of Nuclear Weapons Essay -- Nuclear Weapons Essays
The world trembled when America dropped the atom bombs on Hiroshima and Nagasaki. The world trembled once again years later, but this time to the heavy steps of Godzilla. Along with him came his highly radioactive body leaving trails of radioactive residue. His main abilities were his plasma breath ray, immunity to normal weapons, and great strength. He was created for a horror movie that showed the effect of what worried the Japanese at the time- Nuclear weapons. In the movie, he represents pure evil, destroying everything in his path. He is, however, only a product of mankind, and cannot help that fact. What drew the great beast from the ocean depths? Godzilla was created by H-Bomb testing at Bikini Atoll, 1954. The director of the film was inspired after the radioactive fallout from the test scorched a Japanese fishing vessel, The Lucky Dragon, with deadly effects. They were supposedly in a "safe" zone. Many of its crew were seriously burned and despite intensive medical care, one man on the Lucky Dragon died from radiation sickness. In the Godzilla movie, originally named Gojira, the director ended the movie with a lesson that the American producer cut out. After the failure of conventional arms, a horrible but non-atomic weapon puts an end to Godzilla's wrath, and unlike the Americans and their H-bombs, the Japanese destroy the secret of their super-weapon, saving future generations. Why did they cut that out? Could it have anything to do with the biological weapons testing on Bikini Atoll? At the end of World War II, the United States was granted control over 29 Atolls and five islands that compose the Marshall Islands. At that time, Harry S. Truman decided that the testing of nuclear weapons would be necessary "to de... ...? A man named Kitamura sees Godzilla's message over the years as being very simple: "I think when you look back over time at the bad things that people do to each other, that countries do to each other, and that races do to each other you will see that they are pretty much unchanging. Although Godzilla gets his message across in a very strange way, by destroying everything in sight, basically what he is saying is don't hurt other people, don't do bad things. "I think that people are basically very small beings, and it is because we are small beings that we fight amongst each other. I think, although Godzilla is something we created, in many ways he is much bigger than us. And by looking perhaps at us through his eyes he shows us that we are very small and the things that we are doing are very small." Godzilla is an excellent example of the horror of nuclear bombs.
Monday, September 2, 2019
The Surprising Moby Dick :: Moby Dick Essays
The Surprising Moby Dick à à à à à à Moby Dick was not the novel I expected.à I was under the impression that it would be about seafaring and the whale Moby Dick.à Instead, Moby Dick is a story about Captain Ahab's obsession.à There is very little in the story about the revenge itself, just about Ahab's monomania.à Out of 465 pages, only forty-two of them deal with the actual battle between Ahab and Moby Dick. à à à à à à à The novel places very little emphasis on actual seafaring. Ishmael never even steps on a boat until page seventy-four.à Even when the ship finally leaves port, the mention of anything involving sailing or the life of sailors is kept to an absolute minimum. à à à à à à There is, however, plenty of emphasis is on whaling, the anatomy of whales, and their behavior.à The book goes into great detail describing the whalers of Nantucket, and gives in-depth explanations of the different types of whales, quoting several outside sources in the process.à The narrator mentions the awesome size of the sperm whale, and how few books even try to describe it.à He also shows great respect for people who go whaling, and describes the camaraderie that forms between them.à This is an annoying inconsistency in the novel, since Ishmael (the narrator) tells the reader that he has never been on a whaling ship before, and has never seen a live whale. à à à à à à The first twenty-three chapters focus on Ishmael's thoughts and actions.à He introduces the reader to whaling and describes the Pequod. After the ship sets sail, he seems to vanish from the story. At certain intervals, however, he plays minor roles, and it is Ishmael that survives to tell the story. à à à à à à From chapter twenty-four onward, the novel is almost completely about Ahab hunting for Moby Dick.à He has the blacksmith construct a special harpoon, made from the finest iron, and soaked in the blood of the three harpooners.à The forging of the harpoon is somewhat ironic, since the rope attached to that same harpoon is what drags Ahab to the bottom of the sea. à à à à à à Despite Ahab's apparent madness, he still seemed able to reason clearly.à He carefully and methodically located the region of the sea that
Sunday, September 1, 2019
The Attributes of a High Quality Accounting Standard
What are the attributes of a high quality accounting standard? Globalization is a fact of life in todayââ¬â¢s worldwide economy. They are many barriers to achieving a true global market; one of these barriers has to do with accounting standards or the presentation of accounting information. Various users have diverse needs for financial information. Companies in different parts of the world had their own methods in preparing their financial statements. Trying to compare the accounting rules of these different companies would have been difficult.As a result, accounting bodies were created in order to standardize the accounting principles in order to avoid any difficulties in the future and make these methods comparable and uniform. As a result, this is how accounting standards were evolved. There are two major standard setting bodies in the world. These are the U. S Financial Accounting Standard Board (FASB) ââ¬â the standard they created is called the US GAAP (Generally Accept ed Accounting Principles). American companies create statements that follow the US GAAP and the International Accounting Standard Board (IASB) ââ¬â the standard they create is IAS or IFRS.As far back as 1967 the Accountants International Study Group (AISG) began a foundation to publish papers on important topics. This led to an agreement in March 1973 to establish an international body writing accounting standards for international use. This is how International Accounting Standards Committee (IASC) came into existence. The objectives of the committee were to formulate and publish, in the public interest, standards to be observed in the presentation of financials statements and to promote worldwide acceptance.Also to work generally for the improvement and harmonization of regulation accounting standards and procedures relating to the presentation of the financial statements. The IASC survived for 27 years, until 2001 when the organization was restructured and the International A ccounting Standards Board (IASB) replaced the IASC, and that any standards to be published after that would follow a series known as the International Financial Reporting Standards (IFRS).Some of the Characteristics of high quality accounting standards: â⬠¢Transparency: The information presented should be to be economically significant and an investor should be able to tell what is happening at the company by looking at the financial statement. â⬠¢ Comparability: The information provided should have common framework to enable review, analysis and interpretation of financial information across entities, countries and regions. The information should also allow an investor to compare the financial results for this year versus last year or the year before that within the given company. Credibility: With standard the companies produce financial reports that disclose similar results, which gains credibility. There is Uniformity in financial reports. â⬠¢Discipline: Mandatory ac counts impose systematic on going regulations ââ¬â others can rely on information for making loan, credit and investment decisions Financial information should be as useful as possible for many different types of users for example investors, analysts, tax authorities and many more.An investor who wants to understand what is going on at a company will be able to look at the financial statement and come to a decision or develop an understanding of the company. Financial statements also allow an investor to compare across different companies; if they are looking to invest to two companies ideally, they should be able to look at the financial statement of the two companies and make a comparison. Financial Reporting Standards (FRS) has 30 standards and International Accounting Standards (IAS) has 41 standards.FRS 15 and IAS 16 have to do with Plant Property and Equipment (PPE). The accounting standard FRS 15- PPE ensures that tangible fixed assets, with the exception of investment pr operties, are accounted for in a consistent manner. In order to recognize the PPE in IAS 16 as an asset, it will have to receive the risks and rewards of the ownership transferred to the company and expect future economic benefits, for instance revenue. The cost of the asset must also be reliably measured. These two conditions apply for both initial cost and subsequent cost.Some assets that donââ¬â¢t bring future economical benefits still qualify for recognition as an asset. For instance assets that are required by law for safety or environmental reason to operate other resources. In relation to subsequent cost, some assets require regular major inspection, over hauling, replacement of major parts. All these should be included in the carrying amount of an item although incurred subsequently. This principle has conditions that are mandated worldwide which includes high quality standard by allowing fixed assets between any companies.An item of PPE qualifying for recognition shall b e measured on the cost basis, which is purchase price and any directly attributable cost for example delivery, legal fees and any sort of testing cost that might occur. If they are any expected removal costs at the end of the ownership or before disposal of the assets, the company may be obliged to account for the removal costs. You normally find that this will occur toxic industries. High quality standards come into play in this section by allowing the results to be credible.If the rules were not set out world wide, then the final amount for different companies would differ, as some might include the attributable cost and some not. Subsequently there are options on how to measure the PPE, one of them is that you can use cost model or the revaluation model. If a company useââ¬â¢s the revaluation model, it should revalue it regularly. Depreciation is the reduction values of the asset due to wear and tear, normally done over time, or on a use basis.The three things a company needs for depreciation is depreciable amount, useful economic life of the asset, and this is either based on time or usually based on the amount of units it is going to produce. Lastly, the company will have to apply it on a systematic basis, by basing it on units produced, a diminishing value or on a straight-line basis. Sometimes components of the asset can depreciate separately. Derecognizing an asset is usually because that company has disposed of it, sold it or realized there is no future economic benefit left in the asset.Any gain or loss where the asset is derecognized is sent to the statement of comprehension income, not as revenue but as a sale of PPE. For investorsto make a decision to invest in a company, they would need high quality accounting standards to compare and decide which company to invest in, whether it may be in China or the UK. High quality accounting standards play a big role in all companies world wide, they provide useful, relevant information where the standard s are comparable and result in full disclosure. Without them investors would not be able to make their decisions.
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