Wednesday, May 13, 2020

The Second Great Awakening Essay - 531 Words

In the 1830s, 1840s, and beyond, There is a Second Great Awakening. The Second Great Awakening had a decided impact on American society. In the following I will describe what the Great Awakening was and how it changed life in America. In essence, the Great Awakening was a religious awakening. It started in the South. Tent camps were set up that revolve around high spirited meetings that would last for days. These camp meetings were highly emotional and multitudes of people were filled with the Spirit of God. These meeting, were sponsored mainly by Methodist, Baptist, and Presbyterians, and met social needs as well as spiritual needs on the frontier. Since it was hard for the Baptist and Methodist to sustain local churches,†¦show more content†¦This reform was an attempt to defend Calvinism, (predestination) views against the new liberal ideas created by the Enlightens views. .Threatened by the spread of Unitarian ideas, a younger generation attempted to reshape New England Puritanism. The first great practitioner of the new evangelical Calvinism was Lyman Beecher. Beecher led thousands to accept their sinfulness and surrender to God. Beecher had to confront the new and more radical revivalism in Western New York which was led by Charles G. Finney. Finney challenged the Calvinist doctrines. He appealed to emotion instead of reason. Finney wanted people to feel the power of Jesus. He had adopted an extreme view that said Christians could be totally free of sin or be as perfect as their Father in Heaven. During Finneys revivals, it was not uncommon for people to fall to the floor in fits of excitement. Finney left behind him strong and active churches. Eastern opposition gradually weakened. During The Second Awakening new religious views were popping up everywhere. The Unitarians believed that the all-powerful, mysterious God was actually a Deity who was the benevolent master architect of a rational universe. Mormonism also began. Mormonism, also known as the latter Day Saints, believed that Christ would appear in the New World and that the children of Levi were present in the New World. With these new religious ideasShow MoreRelatedImpact of Second Great Awakening on Modern Society1415 Words   |  6 PagesImpact of the Second Great Awakening in Modern-Day Society The Second Great Awakening laid the foundations of the development of present-day religious beliefs and establishments, moral views, and democratic ideals in the United States. Beginning back in late eighteenth century and lasting until the middle of the nineteenth century,1 this Protestant awakening sought to reach out the un-churched and bring people to a much more personal and vivid experience of Christianity. Starting on the SouthernRead MoreSecond Great Awakening954 Words   |  4 Pages â€Å"IN WHAT WAYS DID THE SECOND GREAT AWAKENING INFLUENCE AMERICAN SOCIETY AND CULTURE?† In the thirty year span between 1830 and 1860, the Second Great Awakening did much to change the modern American mind by sparking the abolitionist movement, empowering women (in their domestic sphere) and forming the cult of domesticity, partially fixing the corrupt government through the temperance movement, and in the creation of many utopian societies by radical religious populations. Puritanism was kickedRead MoreThe Second Great Awakening1147 Words   |  5 PagesPuritanism or Separatism, and would not allow any heretical or contrary behaviors to be pursued. The people who had resented religious oppression would not allow other people in minority to practice what they felt was true. On the other hand, the Second Great Awakening, which materialized during the late 1700s and early 1800s, was a stark contrast to the stringent values the Massachusetts colonies had nurtured. Free thinking and new ideologies arose and abounded in the early 19th century. These two religiousRead More The Second Great Awakening1977 Words   |  8 PagesDuring the Second Great Awakening many Americans were stirred by passionate religious movements and Mormonism was one of them. Although it initially began as a revelation given to Joseph Smith, his strong beliefs led to powerful revivals in the New York area that drew people from across the northeast. Despite strong interest and numerous converters to the faith, the Mormon community would not remain in the New York area for long. Though they had an objective of spreading Mormonism throughout AmericaRead MoreThe Religious Impact Of The Second Great Awakening1403 Words   |  6 PagesThe Second Great Awakening was a religious movement that took place in the late eighteenth and early nineteenth century. Around the same time, the concepts of Jacksonian democracy was becoming increasingly more well known. This idea stressed the importance of the common individual. It focused on the ordinary people and what they thought about governmen t. Jacksonian democracy also clarified that slavery is an issue. Religiously, The Second Great Awakening strongly The religious concept of earningRead MoreMarket Revolution and Second Great Awakening861 Words   |  4 PagesThe economic â€Å"market revolution† and the religious â€Å"Second Great Awakening† shaped American society after 1815. Both of these developments affected women significantly, and contributed to their changing status both inside and outside the home. Throughout time, women’s roles and opportunities in the family, workplace, and society have greatly evolved. Women’s role in the family before 1815 was based around the idea of Republican Motherhood. Republican Motherhood is the idea that children should beRead MoreThe Second Great Awakening And Abolitionist Movement Essay863 Words   |  4 PagesCartwright began to preach ideas of the Second Great Awakening to reject those of the Enlightenment. This included a rejection of predestination and the idea that everyone can achieve salvation through self improvement and societal reform. The dispersion of these ideas of the Second Great Awakening encouraged social reform movements such as the antislavery movement, the women’s rights movement, and the creation of separatist communities. The Second Great Awakening helped inspire abolitionist movementsRead MoreNotes On : Reviving Religion976 Words   |  4 Pagesperson God existed there c) The Second Great Awakening started in the 1800s. This caused lots of changes such as moving towards abolishing as well as moving towards women rights i) Baptists and Methodist stressed a lot about emotionalism ii) Peter Cartwright was known as the traveling preachers iii) Charles Grandison Finney was one of the greatest preachers during the 2nd awakening 2) Denominational Diversity a) SinceRead MoreU.S. Economy in 1800s1528 Words   |  7 PagesCleveland and to the emerging iron and steel center at Pittsburgh. Agriculture in the Midwest was a large-scale commercial activity raising crops and livestock for sale to the east. The transportation system involving railroads, canals, and the Great Lakes linked the east and the Midwest, binding them together into a single economic unit. As commercial agriculture expanded in the Midwest farming declined in the northeast and the scale of farms increased. While 70 percent of the Norths populationRead MoreReform Movements in Second Great Awakening Essay1391 Words   |  6 Pagesideals. Assess the validity of this statement with specific reference to the years 1825-1850.’ Reform movements in the United States sought to expand democratic ideals from the quarter century time period of 1825-1850 also known as the Second Great Awakening. These democratic ideals included voting for everyone eighteen and older (with the exception of minors, women, insane, and criminals), freedom of expression, press, speech and religion, election of officials, property rights, free and public

Wednesday, May 6, 2020

Would fall under. Free Essays

This lowering of production costs stems from a procurement strategy called Low-cost country sourcing (LAICS). I The abundance of cheap labor in Thailand gives the country and its businesses an edge, as they are now able to produce their products at a much lower cost and thus be able to gain a comparative advantage against their rivals from other countries like the US. With regards to exporting to Thailand , as the economy is still in its stages of infancy and the people Just beginning to open up to leisure sports such as Roller Balding , Blades may be able to gain the first-mover advantage by venturing In to Thailand at this point In time. We will write a custom essay sample on Would fall under. or any similar topic only for you Order Now In addition, the good relations and ties that Blades may build with some of their Thai suppliers, could help to ease their efforts in to breaking into the Thai market and exporting to Thailand Furthermore with the rising affluence amongst the people in Thailand, it is likely that more individuals would turn to leisure sports such as, roller balding, during their free time. Coupled with youths in Thailand becoming increasingly â€Å"Americanizes†. This trend therefore, poses as an excellent opportunity for Blades to boost sales In Thailand to off-set the falling demand being experienced In the US. Finally, by exporting to Thailand, Blades Is able to diversify their sales and operations overseas. This way, should their business take off in Thailand, the profits from their foreign subsidiary would be able to offset the falling demand for their products in the US to ensure the company’s sustainability and also investor confidence. Question 2: In the short run, one of the disadvantages would be facing sales that may fall short of expectations due to the ongoing political conflict In Thailand. This potential fall In sales is a result of country risk. The protests and riots as a result of the political instability in the country could deter Blade’s target audience from purchasing their products due to them preferring to stay safe at home than subject themselves to unnecessary harm whilst shopping. Another disadvantage, would be the exchange rate risk which would come about with the currency fluctuation of the Thai Baht. Blades would be more affected by an appreciation of the Tall baht rather than a appreciation. This Is as when the Thai baht appreciates, the raw materials and production costs would become relatively more expensive as one US dollar is now worth less in Thai Baht. This would then drive up their overall cost of production and without any change in demand or sales, result in lower profits. In the long run, Blades should be aware of the international economic conditions as a recession could be disadvantages to the company. With a recession, sales would be affected as blades would fall under. Another disadvantage in the long run would be the isolations that could be implemented by the governing body after Blades have successfully established their subsidiary. Examples would be changes in the regulations for Multi-National Corporations (Mans) like Blades in the country and increase in taxes. All these changes would equate to inconvenience for the company and possibly an increase in their operations cost in the case of an increase in taxes. All these disadvantages should be carefully thought through by Ben Holt and his team as they could impact the commercial viability of setting up a subsidiary in Thailand. How to cite Would fall under., Papers

Monday, May 4, 2020

Auditing Assurance Services and Principals

Question: Discuss about the Auditing Assurance Services and Principals. Answer: Introduction: King and Queen would be liable to any losses suffered by EFL as they granted the loan to Impulse Pty Ltd on the basis of the financial report issued by them.It is the duty of the auditor to exercise due diligence while performing its duties and responsibilities.He should obtain sufficient appropriate evidence on the basis of which conclusions are drawn and opinions are based.Balances of various accounts reflecting in Balance Sheet and transactions appearing in the Profit Loss Statement should be backed by proper evidences supporting their final amount in the form of closing balance.If the auditor is unable to perform its duties then he should be held liable for the damages.Gross neglect in the conduct of its responsibilities may impose upon him strict obligations.As the auditor holds the fiduciary position,trust and confidence of many stakeholders of the company is bestowed upon him.They rely on the auditors report for their decisions whether to invest in the company or not.On the b asis of audit report government of the country levy taxes on the company.Therefore he should exercise his responsibilities with due care and required skills.Any gross negligence can lead to misconduct in his profession.Thus any irresponsible behavior can lead to validating consequences. No, answer would remain the same even if EFL limited writes to King and Queen for their advise whether to grant loan to Impulse Pty Ltd or not.It is the auditors responsibility to analyze the financial statements and to obtain reasonable assurance whether the financial statements are free from any material misstatement risks arising due to fraud or error.In order to provide an appropriate opinion on the financial information,he needs to plan his audit in such a way that he is able to obtain appropriate audit evidence to justify the balance appearing in the financial accounts.Shareholders of the company rely on the auditors report to gain inside knowledge of the performance of the company and the standing of its financial position.Shareholders confidence rely on auditors appointed as their opinion will play a big role in determination of the dividend to be paid to them by the company.Likewise government of the country depends upon audit report to determine the taxes payable by the com pany.Similarly Financial Institutions also depend on auditors opinion on the financial standing of the company before granting any loan.Any gross negligence in the conduct of the duties can lead to losses and damages to many parties of which auditor can be liable and can be held guilty of misconduct. Actual Independence Actual independence is the real independence which enables the auditor to take independent decisions in situations of under pressure.The auditor should perform his work free from any conflicting responsibilities.It is the art of giving non biased opinions which is not influenced by anyone in anyway. The main purpose of an auditor is to express an opinion on the financial statements of the company that whether they reflect a true and fair view of the financial position of the company and whether they can be relied or not.Through this means he can reflect the objectivity of his work performed.Reliability of the stakeholders and their confidence in the audit report sets high importance to the independence of auditors work. Perceived Independence Perceived independence is the independence in appearance.It is not the true independence.It results due to auditors close relationship with key personnel of the company.In that case auditor cannot give his opinion in an independent way.There will be an conflict of interest.E.g. Auditor fiance holds 50% shares of the entity in which he is appointed as an auditor.Definitely in this case auditors opinion on financial statement will be influence by the interests of his fiance.He will not act in an independent way though he is perceived as an independent auditor. It is important to know the perceived independence enacted by the auditor as it adds credibility to the audit report.If the independence of an auditor is only in appearance then reliance cannot be made on his opinion.It is essential to know the true state of mind of an independent auditor as it helps in making judgement on the reliability of his assurance. Bob has breached Sec 140 of Confidentiality of APESB.This section says that an auditor will be guilty of misconduct if he discloses or uses any information of his client acquired in the course of his professional duties until and unless by specific authority or required by law. Alternatively Bob can use the online reference material and information which could assist him in completing his university assignment.He can take the help of popular case through online material. Wendy has breached Sec 120 of objectivity,Sec 210 of professional appointment and sec 290 of independence of APESB.Sec 120 says that an auditor should be clear of his objective to report in an independent manner to the stakeholders of the company.Sec 210 says that appointment of an auditor should be in a proper way in annual general meeting and Sec 290 talks about independence of auditor in delivering his responsibilities. Alternatively Wendy should suggest a company secretary having good reputation to take over the work of Ace Ltd.He himself cannot be appointed as company secretary.He should continue working as an engagement partner. Leo has breached Sec 290 of APESB of Independence of auditor.He has an indirect interest in Precision Machinery Limited. As his father is a foreman in that comapany.Therefore his independence is seem to be seen as perceived independence. As a matter of fact other auditor can take up the audit of Precision Machinery Ltd who doesnt have any direct interest. Chan Associates has breached Sec 240 of APESB of Fees and other types of remuneration.Fees given should be in terms already decided at the time of engagement.Any deviation from the standards is not valid. Alternatively terms of remuneration can be revised or Chan Associates can insist on payment of remuneration in monetary terms. References John Hoggett,Law Edwards,John Medlin(2014).Accounting.John Wiley and Sons,9th revised edition.Melbourne Janice Loftus,Ken J Leo,Kerry Clark,Victoria Wise(2012).Understanding Australian Accounting Standards.John Wiley Sons.Melbourne Thomas R. Ittelson(2011).Financial Statements:A step by step guide in understanding and creating Financial Reports.Career pr Inc.USA Steven Collings,Maire Loughram(2013).Financial Accounting for Dummies. John Wiley Sons.Melbourne Steven Bragg.(2014).Financial Analysis:A Business Decision Guide.Accounting Tools,2nd edition. Rick Hayes,Philip Wallage,Hans Gortemaker(2014).Auditing of Financial Statements-Principals of Auditing.Pearson Publishers.UK Mark Beasley,Frank Bucklers,steven Glover,Douglas Pramitt.(2014).Auditing Cases:An interactive learning approach.Pearson Publishers.UK Alvin Arens,Randal Elder,Mark Beasley,Chris Hogan(2016).Auditing and Assurance Services.Pearson.UK