Importance of Financial Information to Stakeholders

Importance of Financial Information to Stakeholders Financial information contain in annual reports that the companies are published in periodically. That period is identified as reporting period. Company obligates to provide financial information to their various stakeholders during the past reporting period. Annual report is a report the company report their comprehensive transactions and events to publish and provide for required parties. There are few reasons to publish annual reports by companies generally as follows. Because companies have legal obligation between companies and the government act implemented for companies is known as company act 2007 No 7. The company acts section 150, 151, 152 and 153 has mention the obligation to prepare financial statements, content and form of financial statements, obligation to prepare group financial statements and content and form of group financial statements accordingly. Stakeholders of the company require the financial information for following reasons. To know how well the company is doing. To find company has earned more money than they spent. To get an idea about strategic and tactical plans of the management. To provide information to make decisions who make decisions about organisatoin. Avoid dissimulations and corruptions of the organisation. Through the audit process, organisations will be able to identify weaknesses of their control of procedures and corruptions occurred due to them. To obtain and fulfill the financial requirements from monitory markets via financial equipments such as shares, debentures, bank loans and etc. 1.1. Importance of Financial Information to Stakeholders However the financial information require by stakeholders of the organisation. Stakeholder of the organisation can divide into two. The bellow chart represents the stakeholders of the organisation according to the environment they belongs to. Stakeholders of the Organisation External stakeholders a). Suppliers and Trade creditors b). Government c). Consumers d). Public e). Medias Internal Stakeholders a).Directors Managers b). Shareholders c). Employees (Diagram 01) Above chart shows the deviation of stakeholders of the organisation and they require financial information due to various purposes. 1.1.1. Directors and Managers To make decisions about the organisation in different time and in different level. Directors and managers of the organisation are taking different types of decisions as follows. About new investment and project appreciation decision. About continued and discontinued operations. Dividend decisions. Diversified business decision. Winding up decision. To establish overall objectives and periodical targets. To avoid dissimulations and corruptions. To establish squired systems and strengthens control of procedures. To increase the productivity level of the organisation. 1.1.2. Shareholders To determine whether their investment will be sold, Holt or bought more shares of the organization. To decided the fairness of the returned for their investments. To determine the going concern of the organisation. To obtain wide knowledge about the organizational activities. To compare their investments and their benefits with other competitive organizations and industries. 1.1.3. Employees To know about the stability and profitability of the employer. To know about remuneration, retirement benefits, and employment opportunities are in organisation To ensure the job security with the current employer. To ensure the fairness of the salaries and wages they obtain from the organization according to their earnings. To have a clear view about other operations of the organisation. 1.1.4. Suppliers To ensure their payments of supplies will be received on due. To ensure the stability of their customers. To have knowledge about other products and their suppliers of the organisation. To compare their transaction with existing and other companies To find other competitive suppliers and their contribution towards the organisation. To find opportunities to supply more. 1.1.5. Government To collect accurate taxes and amounts from organizations on due dates. To provide government benefaction to improve their business. To obtain financial and non-financial assistance for government development projects. To ensure the organizations oversee their employees in reasonable way. To ensure the organizations compliance with government rules, regulations and acts that established by the government. 1.1.6. Consumers To have knowledge about the cost structure of the products that the organisation is producing. To ensure the stability of the organisation. To know about the organizations profitability, because profitability is a shed light to know about products impossible growth, improvements, best customer service and low price strategic implications. To know about CSR programs conducted by the organisation. 1.1.7. Public To conscious about organizations substantial contribution towards the society. To know about the opportunities to link with the organisation. To know about CSR contribution towards the country. To conscious their activities which can be affected to interest of the nature and the country. 2. Standards requirement for published Financial Statements The entire organizations specially registered in Sri Lanka need to prepare their financial statements according to the requirements of the accounting standard issued by the Institute of Chartered Accountants of Sri Lanka (ICASL). ICASL is responsible for prepare and issue all accounting standard which are relative and necessary to prepare financial statements. The entire organizations need to be adopted and compliance with the accounting standard which issued by the ICASL and need to mentioned under the notes to the financial statements of their annual report. This note can identify as Note of Compliance. As an example Richard Pearis PLC has mentioned their note of compliance as follows. The Financial Statements of the Company and the Group, comprising the Balance Sheet, Income Statement, Statement of Changes in Equity, the Cash Flow Statement, Accounting Policies and Notes to the Financial Statements are prepared on the basis of the historical cost conventions, and in conformity with Generally Accepted Accounting Principles and Accounting Standards laid down by the Institute of Chartered Accountants of Sri Lanka. These principles and standards have been applied consistently with that of the previous year. No adjustments are made for inflationary factors affecting these Financial Statements. There is a list of accounting standards. Its consisting with 28 LKASs and 8 SLFRSs. (See appendix 01). 2.1. LKAS 8: Accounting Policies, Changes in Accounting Estimates and Errors As per the requirement of LKAS 8 all of the companies need to mention their accounting policies estimates that they have used to prepare their financial statements during the reporting period. Because due to the change of any policy of the company will be affected retrospectively and caused to restated of comparative information unless it is impracticable to do so. Appendix 02 represents significant accounting policies and estimates that use by Richard Pearis PLC. 2.2. SLFRS 8: Operating Segments As per the above standard company may have some operating segments. Operating segment can define as follows; Operating segment is a component of an entity, It may earns revenue and incur expenses to the organisation, Operating results are revived by board of directors and Discrete financial information is available. Bellow table shows the segmental operations of Richard Pearis PLC. (Table 01) (Richard Pearis PLC, (2012). Financial Statements In: (ed), Arpico Annual Report. 2012: Sri Lanka pp.41.) 2.3. LKAS 34: Interim Financial Reporting. LKAS 34 requires preparing interim financial reports due to timely and reliable interim financial reporting improves the ability of investors, creditors, and other to understand an enterprises capacity to generate earnings and cash flows and its financial conditions and liquidity. Richard Pearis PLC prepares their interim financial reports according to the following financial colander. 2.4. SLFRS 4: Insurance Contracts This standard is applied virtually all insurance contracts that an entity issues and to reinsurance contracts that it hold. This is not applied to other assets and liabilities such as covering under the scope of LKAS 39 financial instruments recognition and measurement. Therefore company need to disclosure following information as requirement of this standard. Accounting policies for insurance contracts and related assets, liabilities, income and expenses. The recognized assets, liabilities, income, expenses and cash flows arising from insurance contracts. If the insurer is a cedant, certain additional disclosures are required. Information about assumptions that have the greatest effect on the measurement of assets, liabilities, income and expenses including, if practicable, quantified disclosures of those assumptions. The effect of changes of assumptions. Reconciliations of changes in insurance liabilities, reinsurance assets and if any related deferred acquisition cost. 2.5. SLFRS 6: Exploration for and Evaluation of Mineral Resources Under this standard affected activities such as; The search for mineral , Determination of the technical feasibility and commercial viability of extracting those resources. Following are specially excluded from the scope of the SLFRS 6; Expenditures incurred before the entity has obtained legal rights to explore in a specific area and Expenditure incurred after the technical feasibility and commercial viability of extracting a mineral resource are demonstrable. The accounting policy that entity can apply for mineral resources are; All expenditures related to exploration and evaluation assets need to incur to profit and loss and first recognition of the asset required to measure at cost, subsequently whether cost or revaluation model. Exploration and evaluation assets need represent in balance sheet, if its satisfy LKAS 16 requirements under property plants and equipments or if its satisfy LKAS 38 requirements under intangible assets. 2.6. LKAS 16: Property Plant and Equipments Property, Plants and Equipments (PPE) are tangible items that; Are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes and Are expected to be use during more than one accounting period. (Mapitiya, (2011). Definitions of Standard In: Gayan (ed), LKAS 16 Property plant and Equipment. 1st ed. 2011: Sri Lanka pp.4.) The cost of assets of an item of PPE shall be recognized as assets if and only if; It is probable that future economic benefits generate with the item will flow to the entity. The cost of the item can be measured reliably. All property, plant and equipments require to represent in balance sheet under non-current assets and need to be valued whether cost or revaluation model. Every property, plant and equipment need depreciate. Depreciation can define as systematic allocation of the depreciable amount of an asset over its useful life. Depreciable Amount = Cost-Residual Value Useful life of the asset is the period the entity is expected to use. It will be vary from each and every asset. Company can use different types of depreciation methods that mentioned in the standard. They are; Straight line method. Reducing Balance method. Units of production method. 2.7. LKAS 38: Intangible Assets Intangible Assets are that identifiable non-monitory assets without any physical substance. (Jayasigha, (2011). Intangibla Assets In: Dimuthu (ed), LKAS 38. 1st ed. 2011: Sri Lanka pp.2.) There are three critical features of intangible assets. They are

Strong Horse Tea, by Alice Walker and The Suicides of Private Greaves, by James Moffett :: Strong Horse Tea Suicides of Private Greaves

Characterization in "Strong Horse Tea," by Alice Walker and "The Suicides of Private Greaves," by James Moffett Characterization is the change that occurs in a character throughout the story. The change can be either a physical one or an emotional one. In the stories "Strong Horse Tea," by Alice Walker and "The Suicides of Private Greaves," by James Moffett, the characters involved go through changes that effect both stories ending. Characterization also occurs in stories through the eyes of other characters and how they view the main person in a story. A character's change in the story will eventually lead to the resolution, and inevitably the end of the story. In "Strong Horse Tea" the main characters change is very evident. Rannie Mae Toomer's change in the story is apparent to the reader and audience. She (Rannie) goes through both an emotional change as well as a change in her beliefs (both spiritually and on how she viewed people.) Rannie is a black woman living in America during its oppressive years, with her only salvation being her infant son, Snooks. Her son is very sick and in desperate need of medicine. Rannie is convinced that a white doctor will come and visit her and take care of her son. Rannie, however, does not realize her situation, and hopes still that a doctor will come. "Lawd, why don't that doctor come on here?" Rannie keeps on hoping, and not allowing Sarah, the witch doctor to help her. Rannie believes that Sarah help will be evil, and that the white doctor will soon come. 'We going to have us a doctor,' Rannie Toomer said fiercly, walking over to shoo a fat winter fly from her child's forehead. 'I don't belive in none of that swamp magic.' Rannie is unaware of who she is and how others view her. She does not realize that the color of her skin is oppressing her. Rannie is convinced that the mailman (her only connection to the outside world) can help her out. The mailman, however, has other views about Rannie. He sees her as an animal ("Rannie Mae, leaning over him out of the rain smelt like a wet goat." ) with absolutely no intelligence ("Today he thought she looked more ignorant than usual^. ) Rannie is convinced that the mailman will get her doctor for her, but as the time passes she comes to the realization that Sarah is her only hope. 'But I told you,' Rannie Toomer said in exasperation, as if explaining something to

Creating a Lego Mindstorm Navigation Robot :: Robotics

Includes Source Code Lego Navigation System Abstract My project was to create a robot out of a Lego Mindstorms construction set that was capable of â€Å"knowing† where it was. The robot would head out on a random path, remember and update its location, and return to its origin on a straight line. The challenge of this project was not so much a matter of constructing the robot, but of creating a working program in the week and a half time limit. The project goal was met on the last day, thus showing that a Lego navigation system is possible. Background A war zone is a dangerous place, especially for the infantry. Any advantage, technological or otherwise is welcome, and any technology that spares soldiers’ lives is invaluable. Recently, one such technology has made its way to the battlefield; remote controlled robots. These robots can take real-time video, maneuver inside and out, and move hazardous materials out of the way of troops. Two of the leading manufacturer’s of these robots are iRobot and the US Marine Corps. IRobots’ PackBot EOD uses a camera/grabber, multiple sensors, and a unique tread system capable of climbing stairs in order to execute the majority of its tasks. It also has GPS. The US Marine Corps’ Dragon Runner is a rugged, four-wheeled machine with a camera and other sensors safely encased in the body. The Dragon Runner weighs roughly 16 pounds, while the PackBot is just over twice that much weight. While these robots are a great help in a war zone, the navigation system could be improved. If the robot could navigate by itself, the soldiers that previously had to operate the robot would be free to do more important tasks. By implementing a Cartesian coordinate system, I believe that these robots be programmed with a simple self-navigation system. Procedure The physical design of NavBot is very simple. It follows the basic design of TankBot, as described in David Baum’s Definitive Guide to Lego Mindstorms. I chose this design as the basis of my robot due to its simplicity and ease of construction. While it follows the basic TankBot design, it has its variations, because I didn’t want to hunt down all of the â€Å"required† pieces. When I first built the body and tested it, I found that the robot tended to drift to the right. This was easily fixed by changing the power level of the left motor from 7 (highest) to 4. Aside from a few decorations (wings, camel head, smiley face), the physical aspect of NavBot was complete. The more important, as well as complicated, problem was how to program

Philosophy and Multiculturalism: Searle, Rorty, and Taylor Essay

Philosophy and Multiculturalism: Searle, Rorty, and Taylor ABSTRACT: John Searle opposes multiculturalism because he views it as part of a movement to undermine the concepts of truth and objectivity in the Western tradition. Richard Rorty disagrees with Searle about the relation between philosophical theories of truth and academic practices, but he is neutral on the issue of multiculturalism. Charles Taylor approaches the issue historically, defending multiculturalism as emerging from one branch of liberal political theory. I argue that the debate over epistemological and political issues has tended to obscure the educational benefits of multiculturalism. A multicultural curriculum works very well in fulfilling the traditional goals of education in philosophy. It can assist the teacher as Socratic "midwife" and "gadfly" in delivering students from their narrow and uncritical opinions and awakening them to a world of intellectual diversity. Thus, multiculturalism is not so much a recent movement as a new name for an old method of teaching. Philosophers have been slow to join the public debate on multiculturalism in spite of the important philosophical issues at stake. Notable exceptions are John Searle and Charles Taylor, who address the philosophical implications of the controversy over the curriculum in several recent essays. (1) Taylor defends multicultural education as a moral imperative of one branch of the liberal tradition, while Searle argues that a victory for multiculturalism would mean the destruction of the Western intellectual heritage. This paper will examine some of the arguments on both sides of the issue and propose an interpretation of multiculturalism as particularly significant for teaching philosophy. ... ...Recognition," in Multiculturalism. Amy Gutmann, ed. (Princeton: Princeton University Press, 1994), pp. 25-73. (2) "Rationality and Realism. . .," p. 69. (3) "The Storm over the University," p. 112. (4) Richard Rorty, "Does Academic Freedom Have Philosophical Presuppositions: Academic Freedom and the Future of the University," Academe (Nov.-Dec. 1994), p. 52. (5) Ibid., p. 61. (6) "Rationality and Realism . . .," p. 71. (7) Richard Rorty, "Hermeneutics, General Studies, and Teaching," Selected Papers from the Synergos Seminars, volume 2 (Fall, 1982), p. 112. (8) "The Politics of Recognition," pp. 69-72. (9) Ibid., p. 66. (10) Ibid., p. 70. (11) Ibid., p. 73. (12) For an exception see Lawrence Foster and Patricia Herzog, eds. Philosophical Perspectives on Pluralism and Multiculturalism (Amherst: University of Massachusetts Press, 1994).

King Schahriar and his Brother Essay

1.What kind of world do we enter as we read this story ? In this story the world is very different to the one we know, and also contrasts with the necklace. It could be described as black and white, with no shades of grey. The reason for this is that it is very clear cut, there is no way of getting around things, it is done one way and stays that way. An example of this is the grand-vizir. You have to do what the Sultan says and there is no way of getting round him. This then ties in to the obedience of this world, and absolute ruler. The King is in charge, no one else gets to make decisions, and what he says goes. The King in this story is very strict, but also is clear and talks about the consequences. The grand-vizir is told by the king â€Å"You will have to take her life yourself. If you refuse, I swear your head shall pay the forfeit.†, meaning that if he does not do what he is told, he shall die as well. In our country there is no absolute ruler, there are different levels of hierarchy, which do not stick and can change, unlike in this world where the Sultan will always be a family member and any other person in the kingdom must do what they say. This story is similar to the Necklace as Madame Loisel changes her ways, from being a selfish women, and changing into a person who works hard and is thankful for what she gets. This is the like King Schahriar as he is selfish at first, as he kills everyone, but once he realises that what he is doing is wrong, and he falls in love with Scheherazade, he changes to be a better person. 2.What Kind of heroine do we meet in Scheherazade? Scheherazade is smart in the way she asks her father something, she asks him to grant her it to her before she tells him what she would like him to do for her. This shows that Scheherazade is a smart and cunning girl, but also know how to get what she wants. In the world which they are living in it is very unusual for a women to become the heroine in a patriarchal world. Heroines in the modern world use their physical force to become the heroine. This is unlike Scheherazade who uses her in and self control to become the heroine. Dinazade contrast with her sister very much, â€Å"she had no particular gifts†, and was just a normal person. This is a contrast to Scheherazade, as she is â€Å"clever and courageous in the highest degree†¦bests masters in  philosophy, medicine, history and the fine arts.†. She was more beautiful â€Å"that of any girl in the kingdom of Persia†. Scheherazade could be described as the deliverer, she said, â€Å"I am determined to stop this barbarous practice of the Sultan’s, and to deliver the girls and mothers from the awful fate that hangs over them.† The reason that she is the deliverer, is that she is willing to put her life on the line to save her kingdom, this also shows that she is very selfless. 3. Comment on the following three aspects of the writer’s use of language, using the exact wording of the given openings to help you, and making sure you quote in the course of each one. A repeated characteristic of the writer’s language is his use of superlatives, showing a world in which everything is intensified by being pushed to extremes. The writer uses superlatives like â€Å"her beauty excelled that of any girl in the kingdom of Persia.† He does this to show that this world only has the extremes, there are no things placed in the middle. Everything that was normal is now extremes, people had to have â€Å"the finest dresses† to be the best and have â€Å"the most beautiful jewels†. Linked to the writer’s frequent superlatives is his repeated use of balance and antitheses, which creates a sense of things being opposed to each other in very strong ways. The change of the Sultans character is one way of showing the opposites, the Sultan use to be loved and was given â€Å"blessings†. He had now changed and was given â€Å"curses†, this is a quick change from the Sultan and shows antitheses. There is also a contrast between Scheherazade and Dinarzarde, Scheherazade is â€Å"clever and courageous in the highest degree†, whilst Dinarzade â€Å"had no particular gifts to distinguish her from other girls†. This is real and only true in this world as now no one is perfect, some people are better at things and others, this is a balance as one is intelligent and one is the opposite. The speech of Scheherazade is measured, formal and courteous at all times, giving a sense of a character who is polite and has self control. Scheherazade politely says to her father, â€Å"I have a favor to ask of you.  Will you grant it to me?†. By asking her father to give and answer before she says what it is shows, that she is intelligent and cunning. She can also be strong in what she means, â€Å" Then listen,† she goes on to show composure, even when she is talking about death that could be brought upon her. Scheherazade could be described as a very persuasive girl, as she always knows the right way to say something so that she can get what she whats. â€Å"It is you who have to provide the Sultan daily with a fresh wife, and I implore you, by all the the affection you bear me, to allow the honour to fall upon me.† Scheherazade uses word and phrases like â€Å"implore† and â€Å"by all the affection you bear me†.

Media Studies †Podcasting and Radio

Ben Hammersley of the Guardian first discussed the advent of podcasting technology only two years ago (Hammersley, 2004). Yet this newly created communications channel has grown from being a small niche market   – with only six thousand hits on Google in 2004 according to Terdimann (2004) as compared to today’s excess of forty-one million (Google, 2006). Podcasting has changed radio with breathtaking speed, removing almost all barriers to access in ways that Internet radio was never able to on its own. This paper will discuss how and why podcasting is the radio of the future because of its convenience, intimacy and ease of access. Podcasting Defined In simple terms, podcasting is a digital music file that is presented to the end user within an RSS feed, where RSS is a grouping of different feed formats used to update and publish web content. Users subscribe to an RSS to listen to audio files, are automatically updated each time a new file is uploaded, and can listen to the podcasts on any MP3 player. What makes podcasting unusual is the automatic updating portion of the system: instead of having to return to a particular website to see if the content has been updated, the users’ subscribed-to feeds automatically deliver the content on-demand. A Brief History of Radio as Related to Podcasting Initially, radio was used in the late 19th century for users separated by geography to communicate. However, other people started ‘overhearing’ these radio transmissions and slowly it became a means with which to talk to a larger populace, evidenced by BBC’s start-up three decades later. It didn’t take long for radio listeners to realize radio’s potential scope as shown by comments made in 1930: â€Å"The radio would be the finest possible communication apparatus in public life, a vast network of pipes. That is to say, it would be if it knew how to receive as well as to transmit, how to let the listener speak as well as hear, how to bring him into a relationship not isolating him (Bretcht, 1993). Interestingly, these comments seem to describe podcasting to a tee, as anyone can transmit information using this technology, with no higher authority monitoring its use. A similar growth pattern is seen when reviewing the advent of Internet radio as well, with the 1995 creation of Real Audio software, allowing radio stations to send transmissions through the Internet instead of through other, more traditional processes (Priestman, 2001). While this was a huge breakthrough in technology and access to mediums previously controlled by geography and cost, it still made Internet radio dependent on positioning: you had to be in front of a computer to listen (Wall, 2004). This lack of portability has somewhat been trumped by new WiFi radio options in the UK (Rose, 2005), but that discussion is beyond the scope of this paper. Podcastings’ Origins Portable music devices first appeared in the late 90’s (Van Buskirk, 2005) but it wasn’t until Apple’s 2001 release of the iPod that podcasting became a household name. At that time, no other commercial venture had successfully sold legally available songs online and then facilitated transferring them onto a digital media device. Podcasting Success Factors We must go back in time to 1996 to determine just why MP3 players such as the iPod and podcasting in general took off at such an alarming rate. It was at this time when The Telecommunications Act of 1996 changed American radio forever by allowing companies to own more than four radio stations in a specific market and more than forty nationwide, both of which were previous limiters (Mann, 2005). This allowed Clear Channel, one of the more infamous radio station consolidators, to merge well over one thousand stations across the U.S. using their tried-and-true content-weak system of providing lots of specifically targeted music to a specifically targeted consumer and the addition of even more commercial time. It seems evident, then, that radio listeners were well primed for an on-demand music service with fewer (or no) commercials without the WalMart of radio forcing listening decisions. How Has, and Will, Podcasting Changed Radio? In a sense, podcasting has changed radio into a new medium entirely. Now anyone, anywhere, with no prior radio, media or telecommunications knowledge can create a podcast for listeners around the world to enjoy, respond to and interact with. Plus, it has provided access to public figures in ways that radio couldn’t previously, as with Vice-Presidential candidate John Edwards’ kitchen table talks or President Bush’s weekly radio addresses (see http://www.whitehouse.gov/radio). Future applications of podcasting technology are only limited by the accessibility of MP3 players and the ingenuity of the users. The next step of all-access, user-driven radio is to have the smaller hand-held devices download podcasts (technology which is just become available now) through wireless technology. This will work in tandem with current movement towards Wi-Max networks (where entire cities have wireless access availability instead of merely chosen ‘hotspots’), enabling users to save the costs of downloading content through their cellular phone providers or current fatport company. In fact, the Nokia N91 was to be released earlier this year with this same technology on board (Rose, 2005). Yet as MacFarland stated in 1997: â€Å"The answer will lie not so much in technical improvements to audio reproduction as in improvements to the product the audience is seeking – programming that is responsive to the listener’s needs. Conventional radio stations have already picked up on this trend such as the Boston-based â€Å"Jack FM† which boasts an iPod-like random playlist complete with an â€Å"I don’t care† attitude as shown by the DJ’s frequent mentions of the company’s tag line: Playing What We Want. Although podcasting may not reconnect traditional radio listeners with their radio roots (such as CBC has done in Canada with Radio One), it may add increased interest on the part of listeners, intent on learning more about new media and music not previously available to them. Some media experts may feel that podcasting is the end of radio as we know it, but rather it should be looked at as new way, method, technology and available to connect intimately with an audience hard to pin down and even harder to communicate with. Works Cited B, Brecht. â€Å"The Radio as an Apparatus of Communication’.† Radiotexte. Ed. Neil Strauss . New York: Semiotext(e), 1993. â€Å"SEARCH: Podcasting.† Google. Google. 30 Nov 2006 . Hammersley, B. â€Å"Audible revolution.† Guardian Unlimited: Technology. 12 Feb 2004. Media Guardian. 30 Nov 2006 . Mann, Charles. â€Å"The Ressurection of Indie Radio.† Wired Magazine 13.03Mar 2005 30 Nov 2005. Priestman, Chris. Web Radio: Production for Internet Streaming. London: Focal Press, 2001. Rose, Frank. â€Å"Battle for the Soul of the MP3 Phone’.† Wired Magazine 13.11Nov 2005 30 Nov 2006. Terdiman, Daniel. â€Å"You, Too, Can Be a Podcaster.† Wired News 31 Dec 2004 30 Nov 2006. Wall, T. â€Å"The Political Economy of Internet Radio.† The Radio Journal 2(2004): 27-44. Van Buskirk, Eliot. â€Å"Introducing the World’s First MP3 Player.† MP3 Insider. 21 Jan 2005. CNET Reviews. 30 Nov 2006 .         

Why Do You Want to Be a Lawyer

The definition of a law state’s that ‘a lawyer is a person who practiced law and delivered justice. The role of the lawyer varies significantly across legal jurisdiction. So, as relation to the topic above, I want to become a lawyer because, it is my ambition to become a lawyer since when I was in class five know that it is not so easy to become a lawyer. Because the subject law is not very easy to study, because the study material are so huge. There is so many constitution and act to study. And established as an honorable lawyer is not so easy, it takes a lot of time to establish in the society as a good lawyer.But also I have choose to become a lawyer because, in my point of view, the population of our country is about sixteen core and the number of lawyer in our country is about 42000 and number of judges is about 1800. So it is very less in number in relation to the number of people in our country. And because of crisis of people in the judicial department it takes a lot of time for judgment in our country. And I can see no one care about all this problem, everyone wants to be doctor, engineer or wants to complete MBA or BBA and look for comfortable jobs.It’s a profession which is to serve for the people, it is honorable profession, and it gives relief to people similar to medical hospital. A hospital heal the physical parts of the people where as a lawyer heal the people both physically and mentally. In our country we can see many poor people often engaged different kind of crimes, and they do not get right judgment because they do not have the capacity to haired a good experience lawyer, because the demand of money of a good lawyer is more, so I have decided to established myself as a good lawyer, I’ll give right judgments to the people.And I think to practice as a lawyer in the court is not so easy, because it need a great courage to fight against different civil and criminal cases. Because sometimes the lawyer gets different t hreats from different persons and political sites, and I think that I had that courage to face all this problems. And also practice as a lawyer is very interesting because every day we will deal with some new cases and also we will discover some new things by sought out problems.By becoming a lawyer as I can practice both in courts as well as work for a company, because now day’s high ranking company needs lawyer to sought out their problems. By becoming lawyer I can practice in the supreme courts also. And we know that Supreme Court is the highest courts in our country, and it is not so easy to practice as a lawyer in the Supreme Court, and it very honorable. Working as a lawyer I can handle the constitution affairs also, the position of a lawyer doesn’t ends here, after practicing as a lawyer in the district courts for ten years I can work as a judges also.It is clearly visible that the demand of a lawyer is increasing day by day, because now days in every matter the re is a need of a lawyer, like if we buy a house or sell a house there is a need of a lawyer even for a marriage here is a need of a lawyer. So, as a conclusion I would like to tell that it is common that law related persons are often respected by the society, and it is a very respected job in a society. Nowadays a lawyer is a most important person in our society, they are the middle person who solves specific individualized problems, and the role of a lawyer varies significantly across legal jurisdictions.