Thursday, August 27, 2020

“Story of an Hour” and “Desiree’s Baby” Essay Example

â€Å"Story of an Hour† and â€Å"Desiree’s Baby† Essay Example â€Å"Story of an Hour† and â€Å"Desiree’s Baby† Essay â€Å"Story of an Hour† and â€Å"Desiree’s Baby† Essay Kate Chopin carried on with a customary life, wedding youthful to an affluent agent and from an unmistakable family herself.â She started writing to help bolster her family when she was bereft at a youthful age and left with 6 kids to deal with and just a small compensation to live on.â She was very nearly a quick accomplishment in the scholarly field, yet nearly quit composing totally after the distribution of The Awakening, which had topics of individual and sexual opportunity for ladies and stunned her American audiences.â Despite that, her work is as yet viewed as a noticeable figure in early women's activist literature.In the time that Chopin was composing, and the time she was writing in, the two ladies and African Americans were viewed as residents of optional class.â They didn't have similar rights, opportunities, and benefits as white males.â Women were males’ subordinates, expected to live and relax for their men and their men’s benefit.â Any lady that wandered from this male-overhauling attitude was viewed as a distorted female-not typical, unfeminine, hostile to woman.â Blacks were slaves, and that was as straightforward as that.â They were not individuals, they were property, and for a white lady to have a dark youngster, implying that she previously deceived her family and race by engaging in sexual relations with a dark man and without any father present (since they were not permitted to intermarry) was considered among the most noteworthy atrocities.â The white men could lay down with the dark female slaves, in any case, in light of the fact that (a) the slaves were their property and (b) ladies existed to satisfy men’s needs.â€Å"Story of an Hour† is about a lady who is informed that her better half has passed on in a train accident.â Her companions were concerned that the news would cause her extreme destruction, yet the outcome was an incredible opposite.â She encountered alleviation, and was restlessly foreseeing her freshly discovered freedom†¦until her significant other strolled through the front entryway, fit as a fiddle, causing her the â€Å"severe devastation† and bringing about her death.â â€Å"Desiree’s Baby† is about a lady named Desiree whose as of late conceived kid gives indications of undesired hereditary cosmetics the kid gives off an impression of being of African American descent.â Desiree, who was received by a conspicuous family, is shunned by her significant other and tossed out of her home with the kid, since he accept it is she who is of â€Å"black blood† and disfavored him and his family’s great name.â We discover toward the finish of the story that it isn't her in any way, however him, and he discovers after he had just sent Desiree and the infant away.The fundamental character is â€Å"Story of an Hour† is Louise Mallard.â Mrs. Mallard has a heart condition, however that isn't all that see ms, by all accounts, to be â€Å"weak† about her.â She is by all accounts an extremely slight lady, the kind of lady who permits life to happen to her and who is a survivor of her circumstance.â She is hitched to a man even she confesses to be an awesome individual, and she never needed for absence of adoration and affection.â Her circumstance seems, by all accounts, to be a somewhat decent one: cherishing spouse who isn't prohibitive of her, all around dealt with monetarily, loved ones that care for her tremendously.â And yet she despite everything felt trapped.â She despite everything felt just as she didn't have her opportunity, her capacity to exist as a different individual separated from her husband.â Her significant other appeared to be the kind of man who might permit her to do anything she desired beyond a shadow of a doubt, yet she felt that the main way she could have her opportunity was with him gone.â This attitude extremely just means her own psych ological shortcoming: that she can't take what assets she must be autonomous and free and use them to her most prominent bit of leeway, rather by and by being needy upon someone else for her own independence.Mrs. Mallard responds in various manners when her better half dies.â When she initially gets updates on his demise, she initially sobs wildly, at that point goes up to her room alone where she sits peacefully, totally blank.â Then it occurs to her, and first she is grasped with dread, the energy she is free.â She became held with satisfaction, until she saw her significant other, still alive.â Whatever distress she felt at first was totally eradicated by the on edge expectation of her opportunity, her affirmation of self.â She despite everything felt somewhat miserable for her dead spouse, yet that little sentiment of pity couldn’t contrast with the colossal delight she felt on it.Mr. Brently Mallard is a sort man.â He is, as portrayed by Louise herself, a sor t and adoring man.â The way Louise herself depicts him, apparently he was a gushing spouse that would do anything for his better half and would likewise permit her to do anything she asked.â Their relationship appeared to be one that would be sure; he didn't give off an impression of being a controlling man and would in all likelihood have permitted Louise to seek after anything she desired without question.I imagine that the finish of this story shows Kate Chopin’s energy for deplorable incongruity; that a lady with a heart condition would bite the dust of stun (and frustration) after observing her significant other still alive instead of discovering he kicked the bucket is inconceivably amusing, thus considerably more thinking of her as companions were hesitant to advise her for that very reason.â I think additionally that ironicly a lady with a husband who is so obviously understanding and cherishing would genuinely accept that her solitary possibility of opportunity is with him dead.â To me this shows a shortcoming at the top of the priority list of the primary character, and she had the right to be so overpowered by her husband’s return that it killed her.â Louise Mallard would be a substantially more thoughtful character if her better half was coldblooded and damaging and controlling, yet he was none of those things.â Therefore, her passing, however unquestionably overwhelming in incongruity, is somewhat anticlimactic.â By that point, I no longer minded what befell this bonehead of a woman.The character of Desiree in â€Å"Desiree’s Baby† is another casualty of situation, yet for her situation it is totally outside of her control.â Desiree Aubigny is a delightful little youngster, who was relinquished during childbirth and taken in by a princely Louisiana family.â She wedded what she thought to be an awesome man, and before long brought forth a child that she adored dearly.â Desiree was loaded with happines s; she adored life completely, and adored her significant other and child even more.â She was so blinded by affection, actually, that as individuals started murmuring regarding the shade of her son’s skin, she didn’t from the outset notice; and she not even once observed the murkiness in her son’s skin for herself.â It wasn’t until her better half Armand walked out on her in view of it that she started to focus on it.Desiree responds in an assortment of approaches to the emergency in her life.â When the gossipy tidbits start, Desiree is still ecstatically neglectful, and completely content with her kid and her life.â Then she starts to detect that something isn't right, and this is the point at which her significant other begins to overlook her.â She is crushed by his treatment of her, yet it despite everything requires some investment to comprehend why.â When it at last occurs to her that her kid is in part dark, she is grasped with fear and confusion.â When her better half Armand denounces her lineage as being to blame for their child’s shading, she denies it, refering to how white her skin is.â She can't acknowledge that she is to be faulted for what Armand is rewarding as an abomination.â In despair she keeps in touch with her mom, who advises her to get back home to her, and in one final disgracefully cheerful endeavor she questions Armand concerning whether he needed her to leave.â He did, and she left, dead inside, strolling like a sculpture in a daze.Armand Aubigny is man in denial.â Poor embraced Desiree had no chance to get of realizing that the man who might fall so frantically infatuated with her would wind up double-crossing her, betraying her, and all because of his own legacy (and which of her own she had no chance to get of knowing, either, because of being surrendered by her introduction to the world parents).â Desiree is a lot of a casualty for this situation a survivor of a barbarous , whimsical man, who is progressively keen on securing his own advantages, (for example, his family’s name) than he is in remaining by the adoration for his life’s side.â He walked out on her, expecting quickly she was of African American drop, which she was unable to invalidate having been received, and cast her aside.â Armand is egotistical, and his states of mind resemble the climate in some cases bright and excellent, different occasions turbulent and vicious.â Before he and Desiree wedded, Armand had been a merciless and demanding man.â His temperament turned out to be a lot gentler when he began to look all starry eyed at and wedded, and he was a magnificent, hovering husband to Desiree.â But when his son’s legacy turned out to be progressively increasingly noticeable Armand’s savagery returned seething, and Desiree got the brunt of it.â He didn't hit her-he simply disregarded her, as though she didn’t exist, which can be much mor e cruel.â And he stayed in complete disavowal that he might be to blame for the child’s obscurity; and probably kept on doing so much after he found his own mother’s letter.The end of this story is another case of Chopin’s love of awful incongruity, just in this story it was significantly more powerful.â Throughout the story the peruser has sympathy for this poor young lady Desiree who had no chance to get of controlling what was befalling her, no real way to refute what was being blamed for her, and no real way to talk sense into her clumsy, unshakable husband.â The whole story is awful, and the peruser encounters how seriously Desi

Saturday, August 22, 2020

Kaleidoscope Strategy Resume Essay

Seeking after progress can want to shoot in a scene of moving focuses on: Every time you hit one, five all the more spring up from another heading. We are feeling the squeeze to accomplish more, get more, be more. In any case, is that truly what achievement is about? Laura Nash and Howard Stevenson met and overviewed many experts to examine the presumptions behind the possibility of accomplishment. They at that point assembled a reasonable structure for another perspective about successâ€a way that prompts individual and expert satisfaction rather than sentiments of nervousness and stress. The authors’ examine revealed four final segments of progress: 1.- bliss: (sentiments of joy or satisfaction about your life); 2.- accomplishment (achievements that look at well against comparative objectives others have strived for); 3.- essentialness (the feeling that you’ve had a beneficial outcome on individuals you care about); and 4.- heritage (an approach to build up your qualities or achievements to help other people discover future achievement). Except if you hit on every one of the four classifications with normality, any one success will neglect to fulfill. Individuals who make enduring progress, the creators educated, will in general depend on a kaleidoscope methodology to structure their desires and exercises. This article discloses how to construct your own kaleidoscope system. The procedure can assist you with figuring out which assignments you ought to embrace to satisfy the various segments of achievement and reveal territories where there are openings. It can likewise assist you with settling on better decisions about what you invest your time in and the degree of vitality you put into every action. As indicated by Nash and Stevenson, effective individuals who experience genuine fulfillment accomplish it through the conscious inconvenience of cutoff points. Developing your feeling of â€Å"just enough† can assist you with defining reachable objectives, count up increasingly evident successes, and appreciate enduring.

Friday, August 21, 2020

Apple Unveils Mac OS X 10.7 A.k.a Lion

Apple Unveils Mac OS X 10.7 A.k.a Lion Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!Apple Unveils Mac OS X 10.7 A.k.a LionUpdated On 21/10/2010Author : Pradeep KumarTopic : AppleShort URL : http://hbb.me/Y8kRfT CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogApple recently announced yet another good news for their fans. They offered a preview of Mac OS X 10.7 a.k.a Lion, which includes a Mac App Store and many iPad/iPhone like features. Steve Jobs told it was inspired by the companys efforts with iOS. New features of Mac OS X 10.7 includes Launchpad application launcher, which gives you an iPad-like grid of icons and also lets you create iOS-style folders for applications, and Mission Control, new window management app, which gives you a unified view of all your open windows, open apps, and your dock.If you click the Launchpad icon, it will bring up an iPad/iPhone like home screen, which allows you to browse and select apps in a very similar manner. They also have a n exclusive App Store for OS X, which will also be coming to Snow Leopard. The Mac OS X Lion 10.7 and the App Store were announced in the “Back to Mac” event yesterday. Mac OS X Lion 10.7 is slated for release in Summer 2011.READHOW TO: Back-up and Transfer iTunes Files

Monday, May 25, 2020

Helping The Nations Economy From Experiencing A Housing...

Keeping the nations economy from experiencing a housing market disaster is in applicable. Our nation has been through some ups and downs the past decade that make many people wonder whether we could experience that of the Great Depression yet again. Though I do not believe there is a way to completely stop any sort of crash whether it be with oil, housing, stocks, and automobiles. At times we will always experience an economic slowdown. Those who do not learn history are doomed to repeat it. This quote is widely known and should be taken with more consideration by many. I believe this to be a strongly meaningful quote because the recent Great Recession we experienced and the long recovery we have been experiencing is a great example. Many people found themselves having to foreclose their homes, file bankrupt, without a job and many other devastating crisis. Not learning from something of this matter many will find themselves back repeating this time and time again. Many people think about money and become greedy in these situations not thinking about the outcomes and effects it could have. Not just in the area of the housing market, but with jobs, credit, and more. Learning from something this devastating the first time is crucial. The housing market high in the 2000s and then the quick decline is a great example why everyone needs to be smart with every decision they make. We may not be able to completely prevent a housing market crash like in 2007 or the 1980s, but weShow MoreRelatedA New Production Facility At Chine For Apple Essay2072 Words   |  9 Pagesdiscuss how the U.S. economy will impact the aggressive growth plan to move a production facility to China. Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five year.s The United States economy is the biggest in the world, even though the United States has faced different difficulties with its economy, one of which is the worldwide money-related crisis. Even with the crisis, the United States economy represents nearlyRead MoreWhy Do So Many Live in Poverty? Essay2312 Words   |  10 Pageshow many people are above or below the standard (56). According to the American Community Survey Briefs conducted by the United States Census Bureau, â€Å"in 2011, about 15.9 percent of the U.S. population had income below the poverty level, an increase from 15.3 percent in 2010† (Bishaw). The causes of poverty that has widened the gap between the rich and the poor are to be contemplated with more careful lens, whether it is an exploitation of authority power or unsuccessful results of previous attemptsRead MoreRise and Fall of Lehman Brothers11214 Words   |  45 Pagescourse, for Financial Market and Regulatory Systems Submitted to: Submitted By: Mr. P.K. Jain Parinita Jhawar (261) Mr. Sharad Kothari Romi Kansara (267) Faculty in-charge Sanjana Khanna (268) M.B.A.-M.B.L. (III Sem) ------------------------------------------------- INTRODUCTION In an increasingly interdependent financial world the recent Global Economic Crisis has had a cascading effect on the economies across nations. The crisis also impactedRead MoreHow Global Economic Environment Is Affecting International Marketers?11351 Words   |  46 Pagesof world economy. Governments and major policy makers of world economy have taken notice of the urgency of the situation and frantic steps are undertaken to stem the rot. At the core of the term ‘recession’, spirals of several financial mistakes are intermingled. Many global opportunities have arisen because of the clustering of market opportunities worldwide. Organizations have found that similar basic segments exist worldwide and, therefore, can be met with a global orientation. Markets are becomingRead MoreThe Problem Of Migrant Children2842 Words   |  12 PagesChildren to Free and Compulsory Education Act. Additionally, India’s next steps and possible solutions will be addressed. Introduction For centuries, people have been displaced from their homes for economic, social, political, or environmental reasons. 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Context7998 Words   |  32 Pages When I draw up my policy framework for the performance of the economy I will address and prioritize the following issues namely price stability (control inflation), full employment, balance of payments, equitable distribution of income in order to stimulate economic growth. DEFINITION OF INFLATION Mike Moffatt[1] defines inflation as an increase in the price of a basket of goods and services that is representative of the economy as a whole. A similar definition of inflation can be found in EconomicsRead MoreAnalysis of Nike Inc.9194 Words   |  37 Pagesconnection with its use of contract labor in developing nations. The purpose of this case is to provide an understanding of the company’s background, its general business strategy, and its use of contract labor. The Athletic Apparel and Footwear Industry The athletic apparel and footwear industry experienced steady growth for more than two decades, beginning in the early 1980’s. For example, the volume sales in the footwear market are projected to reach 13.3 billion pairs by the endRead MoreThe Effect of World War II on the Lives of People at Home Essay5431 Words   |  22 Pagesthe morale of people, and roles of women, rationing and evacuation were all aspects in which significant changes in societies attitude were provoked. The war was described as a ‘Total war’ because the complete economy and populations of the participating nations were geared in to the production and support of the war effort. This made warfare totally reliant on the industrial capacity of its country, forcing everyone to be included somehow. In the case of Britain, thisRead MoreInternational Management67196 Words   |  269 Pagesunderscored the interconnected nature of global economies. Most countries and regions around the world are inextricably linked, yet profound differences in institutional and cultural environments persist. The challenges for international management reflect this dynamism and the increasing unpredictability of global economic and political events. Continued growth of the emerging markets is reshaping the global balance of economic power. Many emerging markets continued to experience growth during a period

Thursday, May 14, 2020

The Article On Young Female Student Essay - 1495 Words

â€Å"You don’t know me, but you’ve been inside me, and that’s why we’re here today.† Those 15 words that ignited the fire. One would not find themselves choosing to be raped behind a dumpster and publically humiliated all while being drunkenly blacked out and unconscious. Anyone who would willingly want this to happen to them would be considered a masochist. So if no one (masochists excluded) would volunteer to be sexually assaulted why does it seem to happen far too often, especially at universities with such prestigious and privileged students attending? On January 18, 2015 Brock Allen Turner sexually assaulted an unconscious twenty-two year old female student. In the article Here Is The Powerful Letter The Stanford Victim Read Aloud To Her Attacker written by Katie J.M. Baker she writes about the incident where two graduate students who were out riding bikes spotted the freshman (Turner) and the victim (Jane Doe) interacting in what at first seemed consensual sexual encounter until they got closer and saw that she was motionless and that Turner was aggressively thrusting into her. They then yelled at Turner to get him off of her to which Turner reacted with getting up and rapidly running away. Fourteen months after the incident (March 2016) California jury found the former Stanford student guilty of three counts sexual assault, which included: Assault with Intent to Commit Rape of an Intoxicated/Unconscious person [Penal Code section 220(a)], Penetration of an IntoxicatedShow MoreRelatedSexism And Its Effects On Women1736 Words    |  7 Pagesdevaluation based on a person s sex or gender, as in restricted job opportunities, especially such discrimination directed against women. People see this in movies, books, and even in school. Young and mature females have never been given the opportunities that men are given because they are taught this from a young age. It is so important that we teach all kids the importance of equality; that everyone should be given the same opportunity no matter their gender. Unfortunately, sexism has influenced theRead MoreMale And Female Students Use Language Differently By Deborah Tannen1262 Words   |  6 Pagesgiving a wrong answer in front of my peers. Many students seem hesitant to speak in the classroom, but in my and Deborah Tannen’s experience women are more hesitant than men. The article â€Å"How Male and Female Students use Language Differently† by Deborah Tannen addresses the issue of unfair male advantage in the classroom. This issue is very relevant tod ay, and students and teachers should be informed. I believe the article â€Å"How Male and Female Students use Language Differently† should stay in the nextRead MoreHow Does Sports Dress Codes Shame Girls And Perpetuate Rape Culture?1142 Words   |  5 Pagesis a growing problem for society, there is a growing demand for equality in male and female attire. The argument is expressed in an article written by Laura Bates called, â€Å"How School Dress Codes Shame Girls and Perpetuate Rape Culture†. The problem is that women are expected to dress in a way that is socially acceptable. Socially acceptable means that, females must dress in a way that protects and covers the female anatomy. This argument that Bates explains, expresses a pathos appeal because you areRead MoreMy Favorite Marketing Related Quotes1054 Words   |  5 Pagescreated by progressive changes in technology. This essay is a literature review of peer-reviewed academic articles about the idea that the age and generation of customers affect how they respond to marketing efforts like media advertisements and product packaging. Core Concepts 4 8 9 There are about six important basic marketing terms within the pieces of literature reviewed in this article. Most of them are straightforward and pertain to the way businesses categorize and generalize groups of consumersRead MoreGender Equality : A Well Discussed Issue Essay1411 Words   |  6 Pagesof feminists, women are not pursuing STEM careers because of stereotypes and a specific idea of their gender role, both of which females are exposed to from a young age throughout adulthood. As females grow into women, they are exposed to stereotypes about their own gender and are given one specific mental image of what a female should look and act like. Being a female is most commonly associated with growing up, getting married, having children, and becoming a housewife. If women are reared inRead MoreFemale Sex Abusers Versus The Court1586 Words   |  7 PagesFemale Sex Abusers Versus the Court When someone commits a crime, we expect them to receive punishment and for the victims to receive justice. That is not always the case with female sex abusers, who are ignored or disregarded. John L. Smith reports in his Las Vegas Newspaper article, Justice doesn t always cut through gender bias, sexuality, the case of two former teachers; Mary Kay LeTourneau and Jack David Patton. LeTourneau was a grade school teacher, until she was exposed for being involvedRead MoreThe Assault Of Sexual Assault994 Words   |  4 Pagescame out with an article titled, â€Å"Sexual Assault Survivors Answer The Question â€Å"What Were You Wearing When You Were Assaulted?†, was a huge headline a couple years ago. In response, many of the survivors answered with responses such as pants and a plain t-shirt or a sweater and with sweatpants. That just shows the simplest clothes can attract a potential assaulter. For many years sexual assault has been a huge social topic amongst many individua ls, especially with young females in school settingsRead MoreStudent Dress Code Essay1134 Words   |  5 PagesA popular debate topic in today’s school system is the concept of student dress codes. The idea of a school dress code tends to mainly target female entire however, males are still affected by it. Girls, no matter what their age or where they are from, are being sexualized for wearing clothing that doesn’t cover their shoulders. People are accusing young females of wearing â€Å"distracting† outfits, which is jeopardizing their male classmate’s education. Not only is this shaming girls, but it is alsoRead MoreThe Dilemma Of Masculinity Versus Career Paths1702 Words   |  7 Pagesfield and, in turn, there would be more female role models for young girls to look up to. The more female representation in the STEM field, the more likely young girls are to eventually go into the STEM field. Introduction STEM stands for science, technology, engineering, and mathematics. There is a bias that 8 GENDER INEQUALITY IN THE STEM FIELD any career in the STEM field is male fields whereas humanities and arts careers are primarily female fields. Men usually go into a STEM-basedRead MoreDoes Advertising Affect Self-Image1116 Words   |  5 Pagesto sell us their products. While these marketers believe that advertising only mirrors societys values and alerts them to new products and bargains, they are either oblivious to their detrimental effects on society, specifically the teenage and female markets, or are ignorant to the truth. The Media Awareness Network evaluates the self-perceptions we gain from advertising whether it be false or strictly informational and the subliminal messaging we receive from these manipulators.

Wednesday, May 6, 2020

The, Seven Samurai, Film, Documentary, Photography, And...

Films often explore themes surrounding issues commonly seen in the community, issues that may be worldwide dialogue, like sexuality and gender. In addition, they may look into ideological controversies and with the use of cinematic elements like Mise-en-Scà ¨ne, Photography, and Movement to imply the director’s viewpoint on different issues. Some movies, take a liberal side on issues like sexual freedom, expressing how they believe individuals should not be judged for personal decisions, who they are, who they are with, or what they do. Along with the idea that everyone ought to be free to make their own choices, who they want to start a family with, whom they want to be in a relationship with, and who they want to be. Being in a relationship, like sexual decisions, ought to be mutual decisions, without the influence of a third party having an impact or being an obstacle, an individual can choose who to be in a relation with and when; as revealed in the films Wondrous Boccacc io, Seven Samurai, and All About My Mother. The film Wondrous Boccaccio, explores sexual freedom through religious ideology. Religious individuals, in this case nuns, are known to have religious morality and are expected follow certain values. In the movie, the nun Isabetta and the abbess, have their lovers hidden in their rooms, perhaps they think they will get in trouble. In the scene where Isabette, the nun, gets caught with a lover in her bed, the director uses key lightning techniques in order forShow MoreRelatedMarketing Management130471 Words   |  522 Pagesbroadening the rights of consumers. The concepts of social responsibility and consumerism go hand-in-hand. If every organization practiced a high level of social responsibility the consumer movement might never have begun. Consumerism is a struggle for power between buyers and sellers; specifically, it is a social movement seeking to increase the rights and powers of buyers in relation to sellers. Seller’s rights and powers are presented in the following list: To introduce any product in any size and style

Tuesday, May 5, 2020

Corporate Accounting In Pearson Education -Myassignmenthelp.Com

Question: Discuss About The Corporate Accounting In Pearson Education? Answer: Introduction The company we selected is Transpacific Industries Group Ltd its name changed to Cleanaway Waste management it is a recycling and waste management company providing services to industries operating in Australia. Transpacific came into existence in August 1987 and listed on Australian Securities Exchange in May 2005. Requirements We did analyse the firms annual report of 2016. The firm has applied impairment test on goodwill that is only asset where firm applied the impairment test is on the goodwill allocated to the Cash Generating Unit. The goodwill is allocated in staffing, maintenance and marine.The CGUs to which goodwill is allocated (Staffing, Maintenance and Marine) are tested for impairment annually or the test can be conducted more frequently if the changes or the events indicate that the goodwill is impaired. The impairment test is done by reviewing the carrying amounts of the assets and group of assets to decide as if there is any symptom that those assets have undergone any impairment loss. If there is any such sign then the firm will guess the recoverable amount of such asset to access the degree or amount of impairment loss (Dagwell, Wines Ambert, 2015). Yes, the firm has recorded an impartment expenditure of $ 102397000 during the period. The impairment comprises the use of estimates and judgements that are not restricted to timing of the impairment and quantity of impairment. Significant judgements are made by the management about the estimation of the impairment indicators, that can be expectations of growth, changes in the competitive position, increase in cost of capital and many other issues that may lead to impairment like business restructuring. In addition this the management is required to make substantial estimations regarding the future cash flows of the firm and about the calculation of fair values while measuring the recoverable amount of the assets or the group of assets. The conventions and estimations are made about the forecasted earnings before interest and tax and future cash flows, applicable discount rates, growth rates, residual value and useful life of the asset. The estimates, judgements and assumptions which are made by management for assessing the impairment are based on forecasted as well cu rrent market situations. Changes in operating and economic situations will impact these assumptions that would result in the recognition of changes in impairment in future periods. The Recoverable amount of (CGU) that is Cash Generating Unit is based on the value in use which is calculated by using the pre-tax cash flow projections which are based on the financial budget of 2017 approved by the directors of the firm, which is then extrapolated for four years at a growth rate of 2% (between 1.70% and 1.80%) and pre-tax discount rate used is 12.20%. The cash flow projections of this period are based on the gross margins which were expected to be same throughout this period. These are substantially consistent with the gross margins of 2016. The cash flows which are beyond that five year period are generalized using the growth rate of 2.50% per annum. This growth rate is not over the long term average growth rate used in the business markets of Australia. Based on the above assessment, the Directors concluded that the carrying amount of Goodwill and other intangibles will not go beyond its Recoverable amount (Annual Report, 2016). The company did the impairment test and identified the impairment loss. It was companies contention that if the recoverable amount of the cash generating unit is less than the carrying amount then the impairment loss will be first allocated to reduce the carrying amount of goodwill if any distributed to the CGU and then to the other assets of the CGU in proportionate amount. The impairment loss of goodwill is directly transferred to profit and loss account and is not to be reversed in the subsequent years (AASB 136, 2009). Fair Value measurement is all about the price to be received at the point of sale or to transfer the asset. Fair value is market based measurement and not to be called as an entity based measurement. The firm also did the fair value measurement following the criteria used in the market. The fair value is calculated using the cash forecast of 5 years. Referring to the case, the IASB chairman believes that previous lease accounting standard does not shows economic reality. Reasons being, under current accounting standard, more than 85% of leases are recognized as operating leases and are not reported on the balance sheet of the company. Though they are off balance sheet, they create real liabilities and it becomes difficult for the major sectors like retail industry to adjust with the new economic reality during financial crisis. The fact that companies are allowed to be discrete about their operating leases, leads to faulty representation of companys financial position and investors find it difficult to compare and contrast the economic condition of separate entities. Moreover, the information, investors and analysts receive from the balance sheet is not true and reliable for doing analysis. This is why the chairperson feels that former lease standard does not reflect economic reality. According to old standard, when a lease is recognized to be similar to a purchase of an asset, it is considered as financial lease and is reported in companys balance sheet. All the other remaining leases are considered to be operating lease and are not reported. These are called off balance sheet lease liabilities (Iasplus.com, 2017). Entities reporting under former lease accounting standard have their off balance sheet lease liabilities 66 times greater than reported debt. The reason for this much difference is reporting requirements of the standard. The companies are not required to record their operating leases leading to the flawed presentation of its financial condition. As they are not recorded, so the investors and other people are not aware about the same. They can trade these lease liabilities in any manner and as and when they required. Having off balance sheet leases, helps the company to keep their debt equity ratio low. In the case given, the chairperson argued that there is no level playing field between some airlines companies in respect to their reporting formats. Airline entities working under old lease standard will report their leases as required but the competitor company which bought their product make a different entry in its books of accounts. The airline company, which leases its fleet may recognize it as an operating lease and does not report about the same in its balance sheet. On the other side, the competitor company which purchases its fleet will recognize it as a finance lease because it is considered to be similar to the purchase of an underlying asset. This finance lease will be reported in the balance sheet of the competitor. The difference between such reporting formats and requirements makes it difficult to compare the financial statements of both the airline entities. This is why the chairperson said that, former lease standard does not provide a same level to compare between two companies (Deloitte UK. 2016). Introduction of new lease standard will mainly impact airline industry, retail and shipping sector. As the chairperson said, it will not be popular among everyone. The reason for this unpopularity may be the retaliation by the companies towards the new standard. IASB has established IFRS 16, a new lease standard which will replace IAS 17 and will be effective from 2019. Under this standard, the leasing requirements for the lessee will be changed as they have to record all the leases on the balance sheet and the classification as operating and finance will be eliminated (KPMG, 2016). Another reason is that the reporting of all leases will increase the assets and liabilities which results in changes in the key financial ratios. Companies debt equity ratio may increase because of this (Morales-Daz and Zamora-Ramrez, 2017). The IFRS 16 will bring certain changes in the lease accounting. By complying with this standard, companies will be able to reflect true and fair position of the finances in their financial statements. This will ultimately help the investors to take correct decision and accurately evaluate the financial performance of the companies. Comparability will become easier which results in better decisions regarding lease or buy. The new format will bring a single lessee accounting model which removes the classification of off balance sheet and on balance sheet lease liabilities. Reporting all the leases in the annual financial statements will provide analysts with the true and reliable figures. Moreover, IFRS 16 will results in better allocation of capital, which will be advantageous for economic growth (IFRS 16, 2016). References: AASB 136, 2009. Impairment of Assets, Accessed on 29-01-2018, from https://www.aasb.gov.au/admin/file/content105/c9/AASB136_07-04_COMPjun09_01-10.pdf. Annual Report, 2016. Transpacific Industries Group Ltd, Accessed on 29-01-2018, from https://programmed.com.au/media/65229/13-programmed-2016-annual-report.pdf. Dagwell, R., Wines, G. Ambert, C., 2015. Corporate Accounting in Australia, Pearson Higher education. IFRS 16, 2016.The Leases Standard is Changing, Pwc.com. Retrieved 29 January 2018, from https://www.pwc.com/gx/en/services/audit-assurance/assets/ifrs-16-new-leases.pdf IFRS 16 Leases | Deloitte UK. 2016.Deloitte United Kingdom. Retrieved 29 January 2018, from https://www2.deloitte.com/uk/en/pages/audit/articles/ifrs-16-leases.html Iasplus.com. 2017.IAS 17 Leases. [Online] Available at: https://www.iasplus.com/en/standards/ias/ias17 [Accessed 29 Jan. 2018]. Morales-Daz, J. and Zamora-Ramrez, C., 2017. Effects of IFRS 16 on Key Financial Ratios: A New Methological Approach. KPMG. Retrieved 29 January 2018, from https://www.in.kpmg.com/ifrs/files/first-impressions-leases-IFRS16.pdf