Saturday, May 23, 2020

United States v. Lopez The Case and Its Impact

In United States v. Lopez (1995), the United States Supreme Court declared the Gun-Free School Zones Act of 1990 an unconstitutional overreach of the implied powers of Congress under the Commerce Clause. The 5-4 divided decision preserved the system of federalism and reversed the Supreme Court’s 50-year trend of rulings that expanded the powers of Congress. Fast Facts: United States v. Lopez Case Argued:  November 4, 1994Decision Issued:  April 26, 1995Petitioner:  United StatesRespondent:  Alfonso Lopez, Jr.Key Questions:  Is the 1990 Gun-Free School Zones Act’s prohibition of possessing a gun in a school zone an unconstitutional overreach of the power of Congress to legislate under the Commerce Clause?Majority Decision:  Justices Rehnquist, O’Connor, Scalia, Thomas, and KennedyDissenting:  Justices Breyer, Ginsburg, Stevens, and SouterRuling:  The legislative history of the Gun-Free School Zones Act failed to justify it as a constitutional exercise of the Commerce Clause. Facts of the Case On March 10, 1992, 12th-grader Alfonso Lopez, Jr. carried an unloaded handgun into his high school in San Antonio, Texas. After admitting to having the gun, Lopez was arrested and charged with violating the federal Gun-Free School Zones Act, which makes it a crime â€Å"for any individual knowingly to possess a firearm [in] a school zone.† After being indicted by a grand jury, Lopez was found guilty by a trial court and sentenced to six months in prison and two years on probation. Lopez appealed to the Fifth Circuit Court of Appeals, claiming that the Gun-Free School Zones Act exceeded the power granted to the Congress by the Commerce Clause. (The Commerce Clause gives Congress the power to â€Å"regulate commerce with foreign nations, and among the several states, and with the Indian tribes). Congress had long cited the Commerce Clause as justification for passing gun control laws.   Finding that possession of a firearm had only a â€Å"trivial impact† on commerce, the Fifth Circuit overturned Lopez’s conviction, further noting that the legislative history of the Gun-Free School Zones Act failed to justify it as a constitutional exercise of the Commerce Clause. In approving the United States government’s petition for certiorari, the Supreme Court agreed to review the Circuit Court’s ruling. Constitutional Issues In its deliberations, the Supreme Court faced the question of whether the Gun-Free School Zones Act was a constitutional exercise of the Commerce Clause, which gives Congress power over interstate commerce. The Court was asked to consider whether the possession of a firearm in some way â€Å"affected† or â€Å"substantially affected† interstate commerce. The Arguments In its effort to demonstrate that possession of a firearm in a school zone was a matter that affects interstate commerce, the U.S. government offered the following two arguments: Possession of a firearm in an educational environment heightens the likelihood of violent crimes, which in turn, will increase insurance costs and create expenses harmful to the economy. In addition, the perception of the danger of violence will limit the public’s willingness to travel to the area, thus harming the local economy.With a well-educated populace being critical to the nation’s financial health, the presence of firearms in a school may frighten and distract students and teachers, inhibiting the learning process and thus leading to a weaker national economy. Majority Opinion In its 5-4 majority opinion, written by Chief Justice William Rehnquist, the Supreme Court rejected both of the government’s arguments, finding that the Gun-Free School Zones Act was not substantially related to interstate commerce. First, the Court held that the governments argument would give the federal government virtually unlimited power to prohibit any activity (such as public assembly) that might lead to violent crime, regardless of that activity’s connection to interstate commerce. Secondly, the Court held that the governments argument provided no safeguards to prevent Congress from applying the Commerce Clause as justification for legislation prohibiting any activity (such as careless spending) that might limit an individual’s economic productivity. The opinion also rejected the government’s argument that by harming education, crime in schools substantially affects commerce. Justice Rehnquist concluded: â€Å"To uphold the Governments contentions here, we have to pile inference upon inference in a manner that would bid fair to convert congressional authority under the Commerce Clause to a general police power of the sort retained by the States. This we are unwilling to do. Dissenting Opinion In the Court’s dissenting opinion, Justice Stephen Breyer cited three principles that he considered basic to the case: The Commerce Clause implies the power to regulate activities that â€Å"significantly affect† interstate commerce.Rather than considering a single act, the courts must consider the cumulative effect of all similar acts—such as the effect of all incidents of gun possession in or near schools—on interstate commerce.Rather than determining whether the regulated activity significantly affected interstate commerce, the courts must determine whether Congress could have had a â€Å"rational basis for concluding that the activity affected interstate commerce. Justice Breyer cited empirical studies he said tied violent crimes in schools to the degradation of the quality of education. He then referred to studies showing the growing importance of primary and secondary of education in the job market, and the tendency of U.S. businesses to base location decisions on the presence or absence of a well-educated workforce. Using this rationale, Justice Breyer concluded that school gun violence clearly could have an effect on interstate commerce and that Congress could have rationally concluded that its effect could be â€Å"substantial.† The Impact Because of the United States v. Lopez decision, Congress rewrote the Gun-Free School Zones Act of 1990 to include the required substantial effect connection to interstate commerce used as justification for other federal gun control laws. Specifically, the connection requires that at least one of the firearms used in the crime â€Å"has moved in †¦ interstate commerce.† Because almost all firearms have at some point moved in interstate commerce, gun rights advocates argue that the change was merely a legislative tactic to bypass the Supreme Court’s ruling. However, the revised Federal Gun Free School Zones Act remains in effect today and has been upheld by several United States Circuit Courts of Appeals. Sources .†US Reports: United States v. Lopez, 514 U.S. 549 (1995)â€Å" U.S. Library of Congress..†United States v. Alfonso Lopez, Jr., 2 F.3d 1342 (5th Cir. 1993)â€Å" US Court of Appeals, Fifth Circuit.

Tuesday, May 19, 2020

The Wild And Wildlife Conservation Commission - 1699 Words

The second species to address is the lionfish The lionfish as a species here in Florida waters are depleting its existing foods, being species such as gobies and snapper. Off the Florida Keys, â€Å"Nichols used to find shrimp and other small invertebrates in his lobster traps, but he has noticed a steep decline†. This man suspects that from their habits of overeating the only solution the lionfish have for a source of food is to result in cannibalism, an increase in cannibalism that could mean that there are so many lionfish that lionfish are controlling themselves (Buskey, Edward) According to Florida Fish and Wildlife Conservation Commission, â€Å"Lionfish have 18 venomous spines that should be avoided during capture and handling because they can cause painful injuries. â€Å"Thirteen long venomous spines are found on top of the dorsal fin which are also located on top of the fish s spine. Two short venomous spines are located on the pelvic fins (one on each side), which is located on the bottom of the fish closest to the fish s head. Three other venomous spines are found along â€Å"the front edge of the anal fin which is located on the bottom of the fish nearest the tail.† (Effects of Lionfish). The large pectoral fins and other fins not mention do not have venomous spines. Each spine is contained and covered with a skin-like tissue. During a sting, the skin-like covering is peeled back showing the spiny venomous stinger and is inserted into the attacking enemy. This allows directShow MoreRelatedHunting Is An Essential Component Of Conservation944 Words   |  4 Pagescomponent of conservation and can be used in everyday life; it has been a part of American history from its earliest beginnings and once provided a necessary source of food. In the early 1900s, when many wildlife species were almost near extinction, hunters stepped forward and asked Congress to impose an excise tax on the sale of firearms and ammunition products to help fund wildlife conservation in the United States. Another act that came into effect was the Conservation Movement. The conservation movementRead MoreGenetically Vigorous Populations Essay1508 Words   |  7 Pagesexample of an animal species facing extinction due to the low genetic diversity among its population is the decreasing numbers of endangered Tasmanian Devils. These wild animals are found exclusively on the island of Tasmania, just southeast of Australia. It is estimated that only somewhere between twenty and fifty thousand exist in the wild; and only about 500 individuals are currentl y in breeding programs in Australian zoos. An infectious disease is running rampant through the remaining members ofRead MoreConservation And Management Of Wildlife1519 Words   |  7 PagesUnfortunately, we often hear the news about the illicit wildlife trafficking or illegal wildlife trade. Wildlife seems to be traded all around us. It is used not only as pets and trophies but also for food, leather, home decorations and medical purposes. Wildlife is an important part of ecological community as it plays an important role in the environment. I know that conservation and management of wildlife is a very complex issue, but to save wildlife, we should take some positive actions, which requiresRead MoreIt Has Been Argued That Canadian Environmentalism Occurred862 Words   |  4 Pagesof the development of environmental policy. The Federation of Ontario Naturalists was a non-governmental organization that called for environmental reserves to be set aside for wildlife protection. The FON advocated for the establishment of a system of sanctuaries, otherwise referred to as nature reserves to preserve the wild lands within the province. The Federation of Ontario Naturalists campaigns became highly intertwined within provincial politics, and their success would result in numerous environmentalRead MoreHistory And Abundance Of Wildlife752 Words   |  4 Pagesabundance of wildlife (Shaw, 316) 2) 1639: first game law in North America Rhode Island closed hunting season for white-tailed deer from May to November (Leopold, 1933 a, p. 481) 3) 1694: Massachusetts issued similar law to 1639 (Leopold, 1933 a, p. 481) 4) 1708: colony of New York protected ruffed grouse, wild turkey, and heath hens during part of the year (Leopold, 1933 a, p. 481). New York prohibited killing of turkey in three counties from April 1 to August 1. Led to other states protecting wild turkeyRead MoreHunting : The Benefits Of Wildlife Conservation1237 Words   |  5 PagesThe Benefits of Hunting Conservation is the protection and preservation of nature (Peterson 53). Hunting is an important part of the conservation of wildlife. Hunting is widely considered a crucial part of wildlife conservation. Hunting benefits wildlife by controlling the population, raising funds for wildlife conservation, and protect wildlife. In America, there are 15 million hunters annually (â€Å"Hunting conservation†1). Hunting is a common activity around the world. Hunting is performed for severalRead MoreHunting Is Cruel Essay966 Words   |  4 Pagescruel. I disagree. As a hunter myself and have done lots of research growing up to get myself educated and ready to be a hunter. Hunting is good because it’s necessary for population control, hunters also contribute millions of dollars into wildlife conservation programs that most nonhunters aren’t aware of and knowing where your meat has come from and knowing that you can provide food for your family. People also don’t realize the physical shape and strength you have to have to be a hunter. Most peopleRead MoreHunting Benefits Wildlife Conservation2777 Words   |  11 Pagesdifferent big-game and small-game species of wildlife. The list ranges from the elusive racoon to the prosperous white-tailed deer, and even to the beastly grizzly bear. Since the United States government adopted the concept of conservation, due partly to the great acts of President Theodore Roosevelt, its has been our moral responsibility to protect the game species of America (Belanger). Our country provides a professional and sufficient way to guide conservation and to develop, regulate, and manageRead MoreWild Life Protection Act of India2566 Words   |  11 PagesINDIAN WILD LIFE PROTECTION ACT BY CAPT TANMOY ROY 127 ETF INTRODUCTION 1 Wildlife includes all non-domesticated plants, animals, and other organisms. Domesticating wild plant and animal species for human benefit has occurred many times all over the planet, and has a major impact on the environment, both positive and negative. Wildlife can be found in all ecosystems, Deserts, rain forests, plains, and other areas including the most developed urban sites all have distinct forms of wildlife. WhileRead MoreThe Marine Mammal Protection Act Essay756 Words   |  4 Pagessea lions, seals, manatees and other species of marine mammals, many of which remain threatened or endangered. The law requires wildlife agencies to review any activity -- for example, the use of underwater explosives or high-intensity active sonar, which has the possibility to kill these animals in the wild. The law is our nations leading instrument for the conservation of these species, and is an international model for such laws. The Marine Mammal Protection Act makes it illegal to take marine

Monday, May 11, 2020

The Effects Of Domestic Violence On Children - 963 Words

The Effects of Domestic Violence on Children Many children witness domestic violence each day. Most times, children witness their mothers being abuse by their fathers, step-fathers, or mother’s boyfriends. According to Couchenour and Chrisman (2011), â€Å"Women and children are at greater risk of being victims of abuse than are men† (p. 131). Witnessing violence or being abused at home has serious effects on children. This article explains the short-term and long-term effects that domestic violence has on children. Summary At the beginning, the article states that three to four million children witness domestic violence in their household. Then, it clarifies that witnessing domestic violence can range from seeing the actual incident to seeing its aftermath. The article explains the different emotions, such as anger and fear, that children whom witness domestic violence can feel. The article also describes the most common behaviors these children display at home and school. Lastly, the article thoroughly explains the distinct emotional and physical effects that domestic violence has on children. Interesting Information Reading this article, helped me learn a lot about domestic violence. Before reading this article, I was under the impression that witnessing domestic violence was only seeing the incident. After reading this article, I learned that witnessing also includes hearing the incident, seeing the aftermath, and being aware of the tension at home. I learned that seeing theShow MoreRelatedThe Effects of Domestic Violence on Children1529 Words   |  7 PagesProject: The Effects of Domestic Violence on Children Trudy Root Kaplan University CM107-11 Children are negatively impacted by the surrounding of domestic violence in multiple ways, in which need to be identified. The audience that needs to be aware of domestic abuse’s effects on children is adults that care for children; such as pediatricians, teachers, counselors, and parents. The issue that needs to be addressed is the negative effects on children involved in a domestic violence situationRead MoreThe Effects Of Domestic Violence On Children1387 Words   |  6 Pages Literature Review: The Effects of Domestic Violence on Children By Taralyn Dean SW 8570 March 11, 2015 Introduction Today this paper will be exploring the affects of intimate partner domestic violence and how this impacts the children. The children of theses situations are the bystanders of these physical and emotional events. This paper will review in depth what other professionals are saying about the children of the domestic violence relationships and also the findings andRead MoreThe Effects Of Domestic Violence On Children Essay1383 Words   |  6 PagesIn a similar study by Ybarra, Wilkens, Lieberman (2007) the goal was to determine if domestic violence leads to functioning shortfalls, and what its effects it has on a child’s behavioral and cognitive functioning. In homes where domestic violence happens, young children are more likely to witness violence than older children. It was hypothesized that children who witnessed violence at home had lower verbal capabilities, and would display greater internalizing and externalizing behaviors. ParticipantsRead MoreEffect of Domestic Violence on Children692 Words   |  3 PagesASSIGNMENT 1 DOMESTIC VIOLENCE ID: S99003183; URIAM ROBATI ABSTRACT Domestic Violence has a great effect on children. Domestic violence also known as domestic abuse, spousal abuse or child abuse is recognized as a pattern of abusive behavior by one or both partners especially those in marriage. This coercive behavior is used against another person to obtain power and control over the other party in a relationship. Domestic violence takes many forms such as physical violence which includesRead MoreDomestic Violence And Its Effects On Children1445 Words   |  6 PagesWhat is domestic Violence? Domestic Violence is described as violent or aggressive behavior within the home, typically involving the violent abuse of a spouse or partner. Many children end up being the victims to seeing domestic violence in the home which is very unhealthy to their development. Some children may development resentment toward both parents- one for not leaving and the other for causing the abuse. Depression, aggressive behavior, emotional distress and suicide depending on the severityRead MoreEffects of Domestic Violence on Children1124 Words   |  5 PagesThe biggest victims of domestic violence are the littlest. The home is a suppose to be a safe and secure environment for children with loving parents and free from violence. Children need a secure environment where they can come home to when the outside world is unsafe. However, every year there are millions of children who’s homes are not a safe haven. Millions of children are exposed to a parent being violently assaulted. Domestic violence is a prevalent social issue in America today. First, whoRead MoreThe Effects Of Domestic Violence On Children And Children1541 Words   |  7 Pageslife. Domestic abused affect women and children. Lots of women are more at risk in their own home. Spouse abuses happen when one person in the marriage chooses to control the other party by using fair intimidation physical, emotional abuse. Domestic violence displaced many families because they are trying to get away from their abuser. Abuse can range from physical, mentally, emotional or psychological. One of every 5 woman are said to have experience an abuse from their partner. The effect of DomesticRead MoreEffects of Domestic Violence on Children908 Words   |  4 PagesEffects of Domestic Violence on Children by Mary Pelham English 1010-19 5 October 2011 Pelham i Outline I. Effects on younger children A. Feelings of deprivation Read MoreEffects Of Domestic Violence On Children990 Words   |  4 Pagesexposed to domestic violence at an early age, that child adapts to these adverse circumstance and situations (Holmes, 2013). Therefore, children who are regularly exposed to domestic violence may initially display less aggressive behaviors than children who are never exposed. However, this is due to their fear of being a victim of a physical assault (Holmes, 2013). This finding was interesting because it shows how deeply the children are affected by exposure to domestic violence. The children becomeRead MoreThe Effects Of Domestic Violence On Children1444 Words   |  6 PagesWhen it comes to domestic abuse there are signs to watch for and if caught early enough one can stop it before it begins. In violent relationships the ultimate goal of the abuser is to have complete control over the abused. According to Shattered Lives magazine, â€Å"One out of every four households experi ence a form of domestic violence† (1). When one feels they have nowhere to go they become more attached and often have children with their perpetrator. The children also play a part in the family members

Wednesday, May 6, 2020

The Haitian Revolution - 1309 Words

Europeans invaded the land called Saint-Domingue in 1665, which would later be declared Haiti. They brought slaves to this new territory, and used them to mine the land for cash crops. There were barely any problems for the Europeans there until 1791. A group of slaves decided to rebel against their owners, causing the movement known as the Haitian Revolution which would last until 1804. The conditions of slave men and slave women were both poor, but the position of slave women was even lower than that of slave men. Although not completely equal by the end of the revolution, women were significantly closer to equality. They were allowed in combat, proving their bravery and exhibiting their expertise. A few specific slave women were brought into battle because of their husband’s role. The results of the Haitian Revolution, in terms of rights and privileges, were advantageous for former slave women, bringing them closer to equal status with former slave men. The Haitian Revolution was led mainly by Toussaint L’ouverture, a former enslaved coach driver. By the time of the revolution, he was a wealthy free man. In his personal memoir, he states â€Å"I have been a slave; I am willing to own to it†¦ I have made it my duty and pleasure to develop the resources of this beautiful colony.† He sided with the slaves because he had experienced slavery himself. The initial resistance was formed by a team of unorganized slaves, who had just arrived from Africa and were not there for long. TheyShow MoreRelatedThe Revolution Of The Haitian Revolution1385 Words   |  6 PagesThe Haitian Revolution is one of the most effective and swift Slave revolts of all time. The causes of the Haitian Revolution were quite simple and was similar to any other kind of slave revolt. Many ideas carried around by slave traders at the time such as treating slaves as property, using social/racial classes, and oppressive control ultimately tipped the sl aves over the edge. Ideas of independence also sparked the revolution, and one key inspiration to the cause was The French Revolution. ThisRead MoreHaitian Revolution : The Revolution1199 Words   |  5 PagesHaitian Revolution: The Haitian Revolution was led by Toussaint L’Ouverture from May 20, 1743 to April 7, 1803. It has been described as the largest and most successful slave rebellion. The rebellion was initiated in 1791 by the slaves. In the end, they had succeeded in ending slavery and French control on the colony. The Haitian Revolution consisted of multiple revolutions going simultaneously. The Haitian Revolution existed from 1791 to 1804. It was important because Haiti is the only country whereRead MoreThe Haitian Revolution1975 Words   |  8 Pagesrebellion is called the Haitian Revolution. The Haitian Revolution is one of the largest slave revolts that have ever occurred. Finally fed up with oppression, severed rights under the French, and failed promises of l iberty, the slaves of Saint Domingue took matters into their own hands. After years of violence and struggles for freedom, the slaves of Saint Domingue finally were emancipated, making all their efforts worthwhile. The Haitian Revolution is the most notable revolution that have ever occurredRead MoreThe Haitian Revolution And The American Revolution1365 Words   |  6 PagesAtlantic World. In a time that can be called an era of revolution, the Atlantic World faced a multitude of uprisings. The American Revolution in 1765 would be the start of the age of revolutions, and would later inspire the revolutions of other countries across the Atlantic, such as the French Revolution in 1789, the Haitian Revolution in 1791, and later the Latin American Revolutions during the early nineteenth century. The events of these revolutions created shockwaves across the Atlantic that wouldRead MoreHaitian revolution Essay1149 Words   |  5 PagesIn 1791 revolution broke out in the French colony of Saint Domingue, later called Haiti. The Haitian Revolution resounded in communities surrounding the Atlantic Ocean. One of the wealthiest European outposts in the New World, the Caribbean islands western third had some of the largest and most brutal slave plantations. Slave laborers cultivated sugar, coffee, indigo, and cotton, and they endured horrible death rates, requiring constant infusions of slaves from Africa. In 1789 roughly 465,000 blackRead MoreThe Haitian Revolution Of 17911317 Words   |  6 Pages The Haitian Revolution To say that all men are born and created equally is an understatement to say the least. Speaking morally, yes. But in reality, no. Especially if you are someone of African descent lost in the diaspora. Case in point, the Haitian Revolution. Holding someone against their will and forcing them into slavery is wrong. To force an unfair and unjustified debt upon a people for fighting for their freedom and winning is double wrong and equally as bad as slaveryRead More The Haitian Revolution Essay2474 Words   |  10 Pageseffects of the Haitian Revolution have played, and continue to play, a major role in the history of the Caribbean. During the time of this rebellion, slavery was a large institution throughout the Caribbean. The success of the sugar and other plantations was based on the large slave labor forces. Without these forces, Saint Domingue, the island with the largest sugar production, and the rest of the Caribbean, would face the threat of losing a profitable industry. The Haitian Revolution did not justRead MoreSuccess of the Haitian Revolution1897 Words   |  8 Pagesï » ¿The Success of the Haitian Revolution The Haitian Revolution was the result of a long struggle on the part of the slaves in the French colony of St. Domingue, but was also propelled by the free Mulattoes who had long faced the trials of being denoted as semi-citizens. This revolt was not unique, as there were several rebellions of its kind against the institution of plantation slavery in the Caribbean, but the Haitian Revolution the most successful. This had a great deal to do withRead MoreFrench Revolution vs. the Haitian Revolution762 Words   |  4 PagesThe French Revolution vs. The Haitian Revolution A revolution is a shift, a turning point, a change in government. A revolution usually occurs when the majority of a nation is frustrated with the economic, political, or the social situation of their country. Two very interesting revolutions were the Haitian and the French revolutions. While the Haitian and French revolutions took place in close proximity to one another, the cause for the revolutions and results were quite different. The politicalRead MoreFactors Responsible for the Outbreak of the Haitian Revolution2143 Words   |  9 PagesCaribbean was the Haitian Revolution. This School Based Assessment (SBA) is aimed at identifying the main causes and effects of the Haitian Revolution. Another aim off this school Based Assessment is to seek to find out why most slave protest and rebellions failed to destroy the system of slavery. Factors that were responsible for the outbreak of the Haitian revolution Class division was a major factor, which contributed to the outbreak of the Haitian Revolution. In St Domingue, there

The Concept and Practice of Depreciation Free Essays

The concept and practice of depreciation plays an integral part in a company†s cash flow situation and funding. The two main reasons this occurs are that firstly depreciation is a for of self finance, and secondly because a company does not have to pay taxes on depreciation, hence excluding taxation from a cash amount which enlarges the cash flow of a company. As a term, depreciation is defined as a loss in value, a diminishment in market price, always taking the time factor into account, because the view point of depreciation is always a rate of change in value in an asset (fixed or current) compared to the present value of that asset. We will write a custom essay sample on The Concept and Practice of Depreciation or any similar topic only for you Order Now If a company purchases or rents machinery, or any sort of equipment used for production purposes, it has to take into account the purchased or rented good†s production life span, meaning that everything has a certain period of time in which it contributes to production before it is rendered useless. I use the term useless in the sense that what is produced does not bring profit to the company due to wear and tear resulting in production time loss and a lower standard of quality. The time based usefulness of an asset of course varies depending on what the asset is. If it is a van for example, its usefulness might be seven years before the van needs replacing, but if it is a building we are talking about, its usefulness may be forty years. For example, is a JCB digger were to be purchased in 2000 at the value of  £15000, and its productive life span were to be eight years, this would mean that in eight years time, the digger purchased would cease to be of any productive use to the company which purchased it. If it were to be resoled in 2008 though, its value would have depreciated drastically due to the time lapse from the initial purchase. Its depreciation, hence its devaluation, is its year zero value less an annual percentage of the devaluation process updated annually. Depreciation does not only apply to current assets, but also is applicable to fixed asset as well. Buildings for example lose their value too taking the time scale factor into account. If a building is purchased in 1970 as a newly built structure, its value will have definitely decreased in 2025 by the depreciation rate estimated. The way depreciation is worked out is by subtracting the rate of depreciation (of the year in question) from the present value. The rate of depreciation varies from year to year by its power (in the process of the annual 1 multiplied by the percentage rate of depreciation) being the year number of its depreciation and its depreciation rate possibly varying from year to year. Because depreciation is subtracted from the assets of a financial statement, it is not subject to taxation, therefore the company has automatically achieved a higher cash flow status by depreciating its assets, the worth of its capital value. We can see this in the following mock cash flow calculation (Last Page). In the first and second row, because depreciation is included, the cash and accounting sum of depreciation is not taxed, this leaves the company with more cash flow compared to the third column of the calculation sheet where depreciation is not included. This form of saving, or investing, not only allows a company to have a greater financial mobility in the market it is involved in, but also ensures the replacement of necessary current and fixed assets needed for production purposes. The best way for a firm to be financed it through self finance, and since depreciation is retained cash for future asset replacement, it is a form of self financing. This saves the company paying out interest rates on bank loans for example, an external source of finance which demands a price for the service provided to the company. How to cite The Concept and Practice of Depreciation, Essay examples

The Concept and Practice of Depreciation Free Essays

The concept and practice of depreciation plays an integral part in a company†s cash flow situation and funding. The two main reasons this occurs are that firstly depreciation is a for of self finance, and secondly because a company does not have to pay taxes on depreciation, hence excluding taxation from a cash amount which enlarges the cash flow of a company. As a term, depreciation is defined as a loss in value, a diminishment in market price, always taking the time factor into account, because the view point of depreciation is always a rate of change in value in an asset (fixed or current) compared to the present value of that asset. We will write a custom essay sample on The Concept and Practice of Depreciation or any similar topic only for you Order Now If a company purchases or rents machinery, or any sort of equipment used for production purposes, it has to take into account the purchased or rented good†s production life span, meaning that everything has a certain period of time in which it contributes to production before it is rendered useless. I use the term useless in the sense that what is produced does not bring profit to the company due to wear and tear resulting in production time loss and a lower standard of quality. The time based usefulness of an asset of course varies depending on what the asset is. If it is a van for example, its usefulness might be seven years before the van needs replacing, but if it is a building we are talking about, its usefulness may be forty years. For example, is a JCB digger were to be purchased in 2000 at the value of  £15000, and its productive life span were to be eight years, this would mean that in eight years time, the digger purchased would cease to be of any productive use to the company which purchased it. If it were to be resoled in 2008 though, its value would have depreciated drastically due to the time lapse from the initial purchase. Its depreciation, hence its devaluation, is its year zero value less an annual percentage of the devaluation process updated annually. Depreciation does not only apply to current assets, but also is applicable to fixed asset as well. Buildings for example lose their value too taking the time scale factor into account. If a building is purchased in 1970 as a newly built structure, its value will have definitely decreased in 2025 by the depreciation rate estimated. The way depreciation is worked out is by subtracting the rate of depreciation (of the year in question) from the present value. The rate of depreciation varies from year to year by its power (in the process of the annual 1 multiplied by the percentage rate of depreciation) being the year number of its depreciation and its depreciation rate possibly varying from year to year. Because depreciation is subtracted from the assets of a financial statement, it is not subject to taxation, therefore the company has automatically achieved a higher cash flow status by depreciating its assets, the worth of its capital value. We can see this in the following mock cash flow calculation (Last Page). In the first and second row, because depreciation is included, the cash and accounting sum of depreciation is not taxed, this leaves the company with more cash flow compared to the third column of the calculation sheet where depreciation is not included. This form of saving, or investing, not only allows a company to have a greater financial mobility in the market it is involved in, but also ensures the replacement of necessary current and fixed assets needed for production purposes. The best way for a firm to be financed it through self finance, and since depreciation is retained cash for future asset replacement, it is a form of self financing. This saves the company paying out interest rates on bank loans for example, an external source of finance which demands a price for the service provided to the company. How to cite The Concept and Practice of Depreciation, Essay examples

People Skills are Important in an Organization

Question: Based upon the slide in the first weeks lecture that shows the Shaping of Information Governance there is a Venn diagram that shows where people skills, business processes, application and information holdings all come together in the middle with a level of information stability. Choose any one of the four aspects of the Venn diagram and make an assumption that it is either not present in the internal environment or it is damaged in some way. How would that affect the information sustainability of the organisation? What would that do to the information governance of the organisation? Make a forecast of what could occur to the organisation. Answer: If people skills are not present or inadequate in some way, then there is going to be lack of direction to deliver results and hence achieve growth and success. People Skills strengthens value across the organizations (Mehta, 2015).If people are unskilled or are incapable to provide the requisite information to solve the problems associated with people, then organizations cant proceed further to achieve their intended goals. If people skills are inadequate, then the organization would have to spend time and efforts in training people to get desired leadership skills for the organization (Freifeld, 2013). In other words, it means that organizations would have to build their human resources to strengthen information exchange across different departments and strengthen the governance. References Mehta, P. (2015). Why People Skills are important in an Organization. [online] Linkedin.com. Available at: https://www.linkedin.com/pulse/why-people-skills-important-organization-pallavi-kapoor Freifeld, L. (2013). Interpersonal Networking Skills Make Leaders More Effective. [online] Training Magazine. Available at: https://trainingmag.com/content/interpersonal-networking-skills-make-leaders-more-effective