Hotel Rwanda †The Rwandan Genocide Essay

Hotel Rwanda is a film about the genocide that transpired within the premises of the city of Kigali, the heart of Rwanda during the year 1994. This evil act lasted for 100 days killing thousands of innocent lives of Rwandan men, women and children. But in the film, it did not focus on the genocide. Instead, it shed a light on the heroic and courageous deed of one ordinary man in an effort to save the lives of some of his countrymen. In the movie, almost all of the aspects of the genocide were tackled including the powerlessness of the United Nations to put a stop to the violent killings perpetrated by the Rwandan government and the Hutu rebels against the Tutsis. This was very much evident when the character of Dan Cheadle was promised by the UN Colonel that he, his family and all the refugees at the Milles Collines will be rescued. But when the colonel had a talk with another UN officer, the plan seemed to have changed. The colonel explained that only foreign nationals were allowed to leave Rwanda. Only a small number of troops were instructed to uphold peacekeeping and not peacemaking meaning they were not allowed to shoot at anyone even if they commit violent actions. More so, the minimal involvement of the international organizations and their eventual negligence over the escalating killings in Rwanda played a pivotal role in the increased deaths of thousands of people. Instead of helping the Tutsis to take refuge to a safer place in neighboring countries, these organizations decided not to get involve because of the misconception that nothing can restore the peace and order in an anarchic setting. Moreover in the movie, a Red Cross worker drew some attention because of how she showed her bravery by setting aside her fears and her own welfare just to save a few people from being mercilessly killed by the Hutus. Some aid workers decided to stay in order to help while others chose to flee in order to protect their welfare. Overall, the movie generated an accurate depiction of the Rwandan genocide. However, some controversial issues were downplayed like the role of the French in the uprising and arming of the Hutu rebels. After the genocide, some reports have surfaced that implicated a few French politicians and the French military with this tragic incident. According to the results of the findings of an â€Å"Independent Rwandan Commission,† the French government was â€Å"aware of preparations for the genocide and helped train the ethnic Hutu militia perpetrators. The report included that France provided the Hutus with â€Å"political, military, diplomatic and logistical support. † For almost 2 years, the commission had gathered data and interviewed several survivors. All the information that had been obtained, served as testimonies to the participation of the French government in the killing of almost 800,000 civilians in the span of 100 days (BBC, 2008). But the French vehemently refu ted the accusations. In their defense, they stated that the allegations were biased because the commission has only one thing in mind and that is to prove that the French are guilty. The â€Å"French Foreign Ministry said â€Å"there is no surprise in the conclusions of the commission given its mission† (CNN, 2008). Aside from this, the film also failed to include the admission of the United Nations of its failure to prevent the genocide. But for the UN, this became a learning experience. They realized that people should not be neglected specifically in times of dire need when lives are at stake (BBC, 2000). Given this new angle in the Rwandan genocide, it should have been also portrayed in the movie. This would have given viewers more accurate representation of what really happened in Rwanda in April 1994. Also, this would have been a chance for the whole world to determine who the real culprits were in one of the worst humanitarian crisis of the 20th century. More so, these events could have provided a comprehensive outlook on how humans are capable of doing horrendous and brutal acts just to have power and control.

Tolerance and World Peace

Tolerance and World Peace What is the meaning of tolerance or world peace? Tolerance is the ability to the fundamental of other cultures without using individuals or own culture to compare others. World peace is the freedom, peace, and happiness between all nations and people. The two articles, â€Å"Patriotism and Cosmopolitanism† by Martha Nussbaum and â€Å"Don’t Forget the Little Plattons† by Michael McConnel, explains the tolerance and cultures. In my own understanding from the 2 articles, I think patriotism is opposite from the tolerance.However, the more patriotic the citizen is towards their own country, they will become less tolerant of other cultures. Nussbaum argues that all citizens should act cosmopolitanism to be sure there are truth, peace and justice in the world. Everyone should be able to â€Å"come together as a single body†1 (Nussbaum 1996, 10) to unite with other fellow human beings and not categorize each other into groups. This will lead to an increase of world peace. There is a quote when Nussbaum agree with this, â€Å"It is this community that is, fundamentally, the source of our moral obligations.With respect to the most basic moral values, such as justice, ‘We should regard all human beings as our fellow citizens and neighbors’. We should regard our deliberations as, first and foremost, deliberations about human problems of people in particular concrete situations, not problems growing out of a national identity that is altogether unlike that of others. â€Å" 2 (Nussbaum 1996, 7) This quote is referring to when the human that are living in the world today should observe being as a citizen for their country and neighbours within their community.When the citizen is devoting himself to the nation, it is most likely for the person to be more ignorant of the values and rights to be followed around the world. This is why there is no world peace because citizen would rather to focus on his or her own values and rights. There are other options for students as an advantage to be learning about other cultures and beliefs. â€Å"As students here grow up, is it sufficient for them to learn that they are above all citizens of the United States but that they ought to respect the basic human rights of citizens of India, Bolivia, Nigeria and Norway†¦Ã¢â‚¬  3 (Nussbaum 1996, 6)To bring changes to the tolerance level of nationalities is the students to be taught that they are the citizens of the world, not the citizen of their country. If the teachers in school taught the students more about other cultures from different countries this will build more tolerance education in the students. They would have better understanding of their beliefs and cultures and also others too. This will benefit a difference within the nationalities about tolerance.There are three arguments for the second concept of education from the Stoics that Nussbaum explain about tolerance and a bit of world p eace. Firstly, â€Å"they hold that they study of humanity as it is realized in the whole world is valuable for self-knowledge: we see ourselves more clearly when we see our ways in relation to those of other reasonable people. †4 (Nussbaum 1996, 8) I agree with him because we are here in this world for a reason, we are here to learn about the world as one society, world peace.World peace will make it easier for people to relate to others to expand more self-knowledge like self-actualization. Secondly, â€Å"†¦that we will be better table to solve our problems if we face them in this way. †5 (Nussbaum 1996, 8) This is true because looking in the past of the history from different politics has been cause from assassinations and wars. The best example is Hilter and his Nazi army when they try to take over Europe by killing people that are different such as being black, disable, Jews and more. We try to avoid these dangers by decreasing large groups in the world comm unity.Finally, they talk about that â€Å"†¦stance of the kosmou polites is intrinsically valuable, for it recognizes in people what is especially fundamental about them, most worthy of respect and acknowledgement†¦Ã¢â‚¬  6 (Nussbaum 1996, 8) If the world is seen as one society or entity, citizen will be tolerance about their cultural difference. They will focus more on what they would have in common. â€Å"These qualities may be less colourful than local or national traditions and identities†¦Ã¢â‚¬  7 (Nussbaum 1996, 8) We as individual still keep our culture, traditions, religion, and ethnicity even though the world is going to unite as one society.Even though the world comes together as world peace, it does not represent that we will not be able to undefined ourselves of whom we are. The point of this is to not separate each citizen from our community we are part of. But, we should hold the humanity that is part of it. This is how we should visualize ourselves as, â€Å"Our task as citizens of the world will be to draw the circles somehow toward the center. Making all human beings more like our fellow city-dwellers, and so on. We need to give up our special affections and identifications, whether ethnic or gender-based or religious.We need not think of them as superficial, and we may think for our identity as constituted partly by them. † 8 (Nussbaum 1996, 9) When I read Nussbaum’s article, I thought ‘ Isn’t Nussbaum being to self-centered? ’ But when I over read it again I understood her arguments and points she was pointing out relating to tolerance. On the other hand, McConnell’s article had also suitable points he wanted to argue about. With McConnell’s point, I agree to what he is explaining about tolerance that it does not come from the educational wise but it comes from home whereas family and older generation explain their own culture.Most of my point of view of different culture or belief did come from teaching in school when I took a World Religion course in grade 10. I learn a lot more about other beliefs and cultures more than usual. It was interesting because most culture have their own traditions that are practically the same traditions than other cultures. I also learn the ideas from my family and realtives. I do believe that the students should learn and understand the cultural teachings in school, so that they have a strong influence that could possibly change their perceptions. They key to moral education is to fuse the sentiments (especially love) to teaching of the good. We begin to do good because we love our preceptors (especially our parents); we want to please them and we want to be like them. We continue to do good because that is the kind of person we have grown up to be. † 9 (McConnel1996, 79) McConnell is trying to say in this quote is that tolerance start at home and than become more involving with the community. He also said that one could be part of the local community even though cosmopolitanism states that.But, it cannot be forgotten that the main purpose is to look at the world as a one society, world peace. Things will have to be accepted in some days where as it is possible that the communities maybe forgotten. To the conclusion, the 2 articles â€Å"Patriotism and Cosmopolitanism† by Martha Nussbaum and â€Å"Don’t Forget the Little Plattons† by Michael McConnel, had made excellent point of view of their own opinion about tolerance and cultures. I agree more of Nussbaum side because he stated that the world would be a better place if we all became more tolerant of other beliefs.This will help the world to have peace and as one culture. A way to change this is to change the teaching in school, whereas students can learn more about other cultures. However, the students’ opinions will change with the influence when the parent or relative tell the stories about their own culture. Another argument is the Stoics when the world was to get ride of smaller political groups that the war of dangers would be reduced. Both sides of these two arguments had made perfect sense points about the author’s opinion about tolerance and world peace.It is hard to select which to select as the best points, but in my opinion I liked Nassbaum points because she explained the benefits. On the other hand, McConnell explained the potentials. Nassbaum leaves me with better agreement on his article. Notes 1. Martha Nussbaum et al. , â€Å"Patriotism and Cosmopolitanism,† in For Love of Country: Debating the limits of patriotism, ed. Joshua Cohen (Boston: Beacon Press, 1996), 10. 2. Nussbaum, 7. 3. Nussbaum, 6. 4. Nussbaum, 8. 5. Nussbaum, 8. 6. Nussbaum, 8. 7. Nussbaum, 8. 8. Nussbaum, 9. 9.Micheal McConnell et al. , â€Å"Don’t Forget the Little Platoons,† in For Love of Country: Debating the limits of patriotism, ed. Joshua Cohen (Boston: Beacon Press, 199 6), 79. Works Cited McConnell, Michael. et al. â€Å"Don’t Forget the Little Platoons. † In For Love of Country: Debating the limits of patriotism, edited by Joshua Cohen, 78-84. Boston: Beacon Press, 1996. Nussbaum, Martha, et al. â€Å"Patriotism and Cosmopolitanism. † In For Love of Country: Debating the limits of patriotism, edited by Joshua Cohen, 2-17. Boston: Beacon Press, 1996.

Jordan Belfort The Wolf Of Wall Street Essay examples

Jordan Belfort, a multi-million dollar scam artist who travelled the road to riches. While travelling this journey, he established many relationships that helped him reach such destination. The memoir The Wolf of Wall Street portrays the relationships and influences people had on Jordan and vice versa. The three biggest influences that Jordan encountered were Mark Hanna, Danny Porush and Nadine Belfort. Jordan was constantly living under pressure from stocks and whether they rise or not, he often resorted to narcotics to relieve some tension. In fact, drugs played such a huge role in his life because he constantly brags that â€Å"I could sedate Guatemala for over a month!† But Jordan wasn’t always a drug fiend; in fact he was introduced to†¦show more content†¦Mark Hanna taught Jordan Belfort he knows about selling stocks. Mark Hanna was the manager at the Wall Street Stock Market. Jordan often looked up to him because he made over one million dollars in one year. This is ironic because Jordan felt that he would never be able to make that much money ever in his life, when just a couple years later he would make that much in just one week! Jordan used the tips he learned from Mark Hanna to construct various plans to become rich. Mark Hanna was not a very honest person to his clients but his clients at the end of the day were making money. He regularly told Jor dan that lying to clients is the best way to make the most profit. â€Å"â€Å"The name of the game, moving money from your clients pocket to your pocket†, Mark stated. â€Å"But if you can make your clients money at the same time it’s advantageous to everyone, correct?† â€Å"No, Mark replied†¦Okay, first rule of Wall Street-nobody and I don’t care if you are Warren Buffet or Jimmy Buffet- knows if a stock is going up, down or sideways, least of all stock brokers. But we have to pretend we know.†Ã¢â‚¬  (8) Jordan later quit the Wall Street Stock Market because he believed he has learned enough to make money on his own. Using the tips he’s learned from Mark Hanna, both the beneficial and detrimental, he goes on to open up his own penny stock broking business, Stratton Oakmont. Stratton Oakmont and Danny Porush didn’t arrive into Jordan’s timeline directly after,Show MoreRelatedJordan Belfort: The Wolf of Wall Street1368 Words   |  6 PagesJordan Belfort is the notorious 1990’s stockbroker who saw himself earning fifty million dollars a year operating a penny stock boiler room from his Stratton Oakmont, Inc. brokerage firm. Corrupted by drugs, money, and sex he went from being an innocent twenty – two year old on the fringe of a new life to manipulating the system in his infamous â€Å"pump and dump† scheme. 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Post Traumatic Stress Disorder ( Ptsd ) - 2578 Words

Post-Traumatic Stress Disorder What is PTSD? PTSD, or Post-traumatic Stress Disorder, is a psychiatric disorder that can occur following the experience or witnessing of a life-threatening events such as military combat, natural disasters, terrorist incidents, serious accidents, or physical or sexual assault in adult or childhood. Most survivors of trauma return to normal given a little time. However, some people will have stress reactions that do not go away on their own, or may even get worse over time. These individuals may develop PTSD. People who suffer from PTSD often relive the experience through nightmares and flashbacks, have difficulty sleeping, and feel detached or estranged, and these symptoms can be severe enough and last long enough to significantly impair the person’s daily life. When and how was it discovered? Although posttraumatic stress disorder (PTSD) is sometimes considered to be a relatively new diagnosis, as the name first appeared in 1980, the concept of the disorder has a very long history. That history has often been linked to the history of war, but the disorder has also been frequently described in civilian settings involving natural disasters, mass catastrophes, and serious accidental injuries. The diagnosis first appeared in the official nomenclature when Diagnostic and Statistical Manual of Mental Disorders (DSM)-I was published in 1952 under the name gross stress reaction. 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Civil Rights Sparked Ever Lasting Change - 1526 Words

Charles Richardson HMXP 102 Professor Patrice Burleson 24 April 2016 Civil Rights: Sparked Ever Lasting Change in America In modern America, equality is becoming more of a realization however; racial and civil rights issues are still existent in today’s society. The civil rights movement, which originated in the 1960’s, involved public movements in the United States which the goals were to terminate racial segregation and discrimination against African Americans and to obtain and secure legal acknowledgement and federal protection of the citizenship rights enumerated in the constitution and federal law. Current racial issues have sparked movements such as the â€Å"Black Lives Matters† movement and the controversial killing of black men from†¦show more content†¦These events include but are not limited to The Vietnam War, JFK’s assassination, and the liberation of women and women’s suffrage. However, there has been one exception, the civil rights movement. The civil rights movement was the most effective pol itical and social force of the 20th century and which is still making headlines in today’s news. Humans as we know, tend to allow external factors affect their self-identity by attempting to conform to societies’ norms. However, for one to find their true self-identity they must develop their own rational ideas and create themselves based on the desire of freedom from external factors. Famous civil rights activists like Dr. Martin Luther King Jr., became famous from his outward appeal against racial segregation during the mid 1900’s. If Dr. King did not step forward and represent the minority community, civil rights could possibly be the opposite of what they are now. In Lee Daniel’s â€Å"The Butler† Cecil Gaines, who portrays the story of Eugene Allen, witnesses his father stand up for himself and his family. Cecil was raised by sharecropping parents and the cotton plantation owner, Thomas Westfall, who was confronted by Cecil’s father, ra ped his mother. Cecil witnessed his father being kill a white plantation owner all because his father stood up for what he believed in. Succeeded

Legal Aspects BHP Billiton Limited

Question: Discuss about the Legal Aspects for BHP Billiton Limited. Answer: Introduction: BHP Billiton is one of the leading resource companies in the world. It is the largest producers of the iron ore, metallurgical coal, uranium and copper. BHP Billiton was formed merging two smaller mining companies, Broken Hill Proprietary and Billiton in the mid 1800 century (5BHP Billiton, 2016). It is the dual-programmed company operated by BHP Billiton limited and BHP Billiton Plc, which was completed in the year 2001. The headquarters of the BHP Billiton Limited are situated in Melbourne and Australia, whereas that of the BHP Billiton Plc is located in the city of London and United Kingdom (7BHP Billiton, 2016). The company has provided employment opportunities to around 42829 individuals in Australia and approximately 82,368 all round the globe. The company is committed to provide utmost level of the governance fostering culture while giving utmost importance to the ethical standards and corporate integrity (8BHP Billiton, 2016). The purpose of BHP Billiton is to make use of the sustainable value of the shareholders by expanding the commodity, market and geography (9BHP Billiton, 2016). The values of the company first include sustainability in which safety and health is given the foremost priority with due importance being given to its responsibilities towards the environment and community (BHP Billiton, 2013). Integrity also forms a part of the companies value, which can be boosted by doing the right thing in a correct manner while working together for the betterment of the organization as well as the community. The values of the company also entail the factor of respect in which trust and team work plays a very important role for valuing the relationships equally. Performance of the company, being a part of its value spreads the notion that positive results can be achieved only with complete efficiency put on the capabilities of the individuals. Lastly, simplicity and accountability contributes largely in enhancing the value of the companies, which can b e maintained by focusing on operation based on their priority and by accepting the roles and responsibilities for delivering necessary outcomes of the commitments (5BHP Billiton, 2016). BHP Billiton is a diversified resource company which markets its products such as metals, coal, iron ore and the petroleum products throughout the world. The business of the company operates in the many divisions. Some of the division are as follows;- Iron ore The company is one of the largest suppliers of the iron ore in the world. BHP Billiton extracts iron ore in Brazil partnering with the Samarco, a Brazilian miner vale. It also operates its business in the Pilbara region of Western Australia joint venturing with Rio Tinto (IBIS World, 2016). Coal Thermal coal which is used by the industries in power generations is marked by the company. BHP Billiton has been operating the mines in many regions which includes; South Africa, Australia, North and South America. The company also provides cooking coal for steel manufacturing globally (IBIS World, 2016). Petroleum and Potash The company extracts petroleum and gas for supplying it into the international markets. Some of the products are natural gas, crude oil, condensate, LPG and LNG. This division of the BHP Billiton also involves the pre-development of Potash (IBIS World, 2016). Copper This division of the company involves the mining of the copper, zinc, silver, gold and uranium. BHP Billiton has the largest uranium deposit in the world which is located in Olympic Dam. This mine produces copper for Australia, Asia and Europe while producing silver and gold for Australian Perth Mint (IBIS World, 2016). Identifying the Regulatory Framework Affecting the BHP Billiton Australian Jobs Act 2013 This act of legislation has imposed unnecessary regulatory difficulties for the companies who are operating businesses in Australia. The project which involves capital of more than 500 million dollars has to prepare and implement the Australian industry participation plan (AIPP), which acts as an additional burden for the companies. BHP Billiton focuses on the procurement strategies in which the availability of local products and competitiveness is primarily maintained. This act has also added an extra cost with complexity for the company in its proceedings related to the procurement of the major invested projects thereby creating confusions in the corporate practice (BHP Billiton, 2014).. Western Australia's Domestic Gas (Domgas) Policy This policy introduced by the Australian government stating the requirement of reserving gas for domestic consumptions has considerably reduced the gas supply investments within Australia. The policy has further increased the risk in shortfall of domestic supply of gas, which in turn restricts Australia from making maximum utilization of the available resources. BHP Billiton has also been affected with the policy as it does not have the permission to supply LNG into the international markets. Hence, this policy has the potential to reduce productivity and restrict the competition of the business in the near future (BHP Billiton, 2014). The Coastal Trading (Revitalizing Australian Shipping) Act 2012 This act of legislation has introduced licensing system and standards of labors which make it difficult as well as costly for the outside countrys vessels to provide interstate and intrastate shipping services. This has led to the reduction in the competitiveness of BHP Billiton in this sector. The shipping cost of the interstate and intrastate distribution has largely increased due to this act. It has also resulted in the decrease of competition for the Australian products, which uses this form as a means of transport (BHP Billiton, 2014). National Access Regime in Part IIIA of the Competition and Consumer Act 2010 The BHP Billiton has experienced the implementation of the part III of Competition and Consumer Act 2010, by responding to Fortescue Metals Group Limited's (FMG's) application of announcement related to the access of the tracks on the companys Pilbara iron ore railways. This has led the company to experience the incurring of heavy expenses, demonstrating export and GDP loss. The company also encountered delays in operational movements, expansion and innovation in the business operations. Part IIIA declaration regime is the discouragement to private investment (BHP Billiton, 2014). Australian Competition Law According to BHP Billiton, the present competition law of Australia is undoubtedly complex, which focuses largely on the statutory form. This law has made an adverse affect on the company which has in turn affected the cost, consistency and business consistency among the international regulations (BHP Billiton, 2014). Minerals Resource Rent Tax and Petroleum Resource Rent Tax The Australian government proposal of imposing 30% tax on the mineral resources has resulted in 22.5% additional tax to be levied on profits of the company dealing in iron ore and coal operations. Petroleum resource rent tax extensions also has an impact on the business of the company in the areas of imports and exports (BHP Billiton, 2011). Identifying the Agreements, Treaties or Conventions and its Impact on the Goods and Services Agreements between BHP Billiton and Rio Tinto on Iron Ore Production Joint Venture BHP Billion has signed an agreement with Rio Tinto for production joint venture on 5th June 2005. The agreement covers the business of both the companies on its iron ore assets. The joint venture includes all the present and future iron ore assets and liabilities. The equal roles and responsibilities will be owned by the both the companies. This agreement will develop the significant cooperation among the companies operate business in Western Australian iron ore. The main focus of this partnership is to produce low cost iron ore. BHP Billiton and Rio Tinto believe that the production and development of this joint venture will bring business of more than 10 billion dollars in the future period of time (4BHP Billiton, 2016). BHP Billiton Agreement with the Government of Western Australia for Royalty Amendment With this agreement, the state agreement act covering the business operations of BHP Billiton will get amended on the areas of the royalty payment on iron ore consignment. The new rate of royalty will be specified according to the Western Australian Mining Regulation. Government of Western Australia and BHP Billiton has made amendments on the other agreements, such as the permit sharing of infrastructure with Rio Tinto. This agreement after the amendment will enable the company to operate in a more efficient manner. The use of rail and infrastructure will improve the operating capabilities, as a result of which more goods will be produced and made available in the Australian market (3BHP Billiton, 2016). New Agreement Signed With Banjima People BHP Billiton has signed an agreement with the Banjima people in Western Australia. The comprehensive agreements included the business operations of the companys Pilabara based iron ore plant covering the areas of 8263 square kilometers. The company believes that the agreement will bring transparency and uniqueness in engaging the indigenous communities. Through this partnership, the Banjima people will get good opportunities to make a well established future with the help of programs and projects of the company. Mining will be done in the area selected by BHP Billiton, which will in turn increase the productivity of the iron ore. Hence, the product will be easily available at a very low cost in the market (2BHP Billiton, 2016). Agreement of sale of interest in IndoMet Coal with the PT Alam Tri Abadi (Adaro) BHP Billiton has done an agreement to sell interest which is 75% in IndoMet Coal partner on equity PT Alam Tri Abadi (Adaro). Equity partners comprise seven major coal contracts in Indonesia. According to the BHP Billiton, the deal was initiated to focus on the important areas of business. With this agreement, the company intends to bring about growth in different important portfolios. This can bring more future investment for the company which will have an influence on the productivity of the business to a large extent (1BHP Billiton. 2016). Agreement with the Australian Government to Undertake a Strategic Assessment on Iron Ore Mines BHP Billiton and Australian government has signed an agreement on 18th September 2012 to undertake planned evaluation of the impact of iron mines development in the future which has association with the national environmental significance. The agreement was according to the Section 146(1) of the Environment Protection and Biodiversity Conservation Act 1999 related to the plans and policies of the company and its implementation. In order to take steps for environmental protection, the company has designed to set up all the activities to carry out its iron ore operations effectively. The agreement on the strategic assessment will identify and measure possible impacts to ensure the ongoing protection and management activities to develop the plans and lessen the impact. This will help the company to maintain integrity in the business and provide opportunity for the people to enhance their support for developing the business of the company. Hence, the agreement will help in developing qua lity products for the customers with better service and easy availability (Common wealth of Australia, n.d.). References BHP Billiton, 2016, sale of interest in IndoMet coal, Invertors and Media, viewed 26 August 2016, https://www.bhpbilliton.com/investors/news/sale-of-interest-in-indomet-coal. BHP Billiton, 2016, New agreement signed with Banjima people, Community Sustainability News, viewed 26 August 2016, https://www.bhpbilliton.com/society/communitynews/new-agreement-signed-with-banjima-people. BHP Billiton, 2016, Latest news, Investors and Media, viewed 26 August 2016, https://www.bhpbilliton.com/investors/news/bhp-billiton-announces-agreement-with-the-government-of-western-australia-to-amend-royalties-and-state-agreement BHP Billiton, 2016, BHP Billiton and Rio Tinto sign binding agreements on iron ore production joint venture, Investors and Media, viewed 26 August 2016, https://www.bhpbilliton.com/investors/news/bhp-billiton-and-rio-tinto-sign-binding-agreements-on-iron-ore-production-joint-venture. BHP Billiton, 2016, Our charter, About Us, viewed 26 August 2016, https://www.bhpbilliton.com/aboutus/ourcompany/charter. BHP Billiton, 2016, Our history, About Us, viewed 26 August 2016, https://www.bhpbilliton.com/aboutus/ourcompany/ourhistory. BHP Billiton, 2016, Our structure, Our Company, viewed 26 August 2016, https://www.bhpbilliton.com/aboutus/ourcompany/ourstructure. BHP Billiton, 2016, Leadership. About Us. viewed 26 August 2016, https://www.bhpbilliton.com/aboutus/leadership. BHP Billiton, 2016, Our Strategy Delivers, About Us, viewed 26 August 2016, https://www.bhpbilliton.com/aboutus/strategy. BHP Billiton 2011, Annual report, A Disciplined Approach a Proven Strategy, pp.1-265. BHP Billiton 2013, Annual Report,. Our Shared Values, pp.1-305. BHP Billiton 2014, Regulation undermining Australias productivity. Submission to The Competition Policy Review, pp. 1-55. Common Wealth of Australia, No date, Strategic assessment of BHP Billiton iron ore expansion for the Pilbara, Environment Assessment, viewed 26 August 2016, https://www.environment.gov.au/protection/assessments/strategic/wa-pilbara-bhp. IBIS World, 2016, BHP Billiton Limited, Premium Company Report Australia, viewed 26 August 2016, https://www.ibisworld.com.au/car/default.aspx?entid=2.

Reporting Practices and Ethics Paper free essay sample

Financial management is very crucial in today’s health care financial procedures. It is one the most important aspects of the financial health care. There are many assessments made- based the financial records and the business transactions that occur within the health care organization. It is crucial the financial records are kept up- to -date and they follow specific guidelines. The books kept up- to- date and in order, this will show the amount of money being brought into the organization for profit and the amount of money the organization has lost in profit. One thing that may cause the honesty of the organization to be on the brinks is the organization financial management and the correctness of the financial books. This paper is about information that will address financial reporting practices and ethics. It will address four financial management functions, summaries that accept accounting principles by generally accepted accounting principles (GAAP). We will write a custom essay sample on Reporting Practices and Ethics Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It will also give an example from an article that has reflected ethical standards of conduct and financial reporting. The basic four components of financial management are planning, controlling, organizing and directing and decision making. The preparation is responsibility for financial management to recognize the purposes of the health care organization. The planning step is to â€Å"set directions and allocates resources, the organizing step brings people and material resources together in working condition, the leading step inspires people to best utilize these resources, and the controlling step checks that the right things happen, in the right way, and at the right time† (Lombardi, Schermerhorn, amp; Kramer, 2007,). Controlling is the process of the financial management to ensure that each department of the organization are going by the procedures that was decided. The financial manager should have the reports available to study the most recent financial reports. The reports will help to select what department needs the most consideration to keep the organization going. Organizing and directing is the responsibility of the financial manager to decide in what way to make use of the funds of the organizations most efficiently. Resources such as assets will help the manager to ensure the goals of the healthcare organizations are accomplished. Directing is an everyday job provided that control and support. The final step in the element in financial management is decision making. Planning, organizing, and controlling is a correspondence with the decision making process. The choices will be by the financial manager based on evaluation, analysis and information. Generally accepted accounting principles is a set of financial recommendations used for financial accounting. The recommendations are for preparing financial statements and for setting standards for organizations accountants. According to Baker (2011), â€Å" One of the requirements of GAAP is that unrestricted fund balances be separated from restricted fund balances on the statements, so you see two appropriate line items (restricted and unrestricted) in the fund balance section† (p. 108). GAAP are the rules of accounting. Those guidelines are to arrange the reporting of financial statements that will include the cash flow statements, income statements, and the balance sheet. With the reply of these responsibilities, the Organization of Managing Bookkeepers declared principles of moral conduct for employees of managing bookkeeping and financial management. The principles take account for confidentiality, integrity, and competence. A person must maintain knowledge and the necessary skills is what includes competence. They must always maintain their professional responsibilities and duties in accordance with related rules, technical standards, and regulations. Confidentiality when one should not disclose confidential information, such as health records except when given the right authority to do so. Integrity has the responsibility not to engage in activities that would affect prejudgment, favors that will influence their actions and decision making. According to† Ethical Standards† (n. d),â€Å"Specialists of managing bookkeeping and monetarist managing partake an commitment to the community, their line of work, the institute they work for and themselves, to uphold the utmost principles of decent manner. Hewlett-Packard Company CEO, Mark Hurd turn out to be mixed up in the workplace. According to (Healthfield, 2012), â€Å"Mr. Hurd had failed to disclose a close personal relationship he had with a contractor that constituted a conflict of interest† . †Mr. Hurd also â€Å"failed to maintain accurate expense reports, and misused company assets. † This is an example that reflect ethical standards of conduct a nd financial reporting practices. Practicing accuracy end honesty will help continue the capacity to never misuse the financial systems, and abide by the laws laid out by GAAP. Organizations are providing their employees with the necessary training that will equip them as well as sustain the reporting practices operational but at the time use the similar procedures and show them new procedures. Fraud and abuse is something everyone know when being ethical. By using the GAAP guidelines, keeping the organizational ethics and policies would be free from abuse and fraud. By following the guidelines that comes from the GAAP, they can help prevent fraud and abuse from happening in the health care organization itself. These guidelines are there to help the organization benefit so they will always be ready in case there may come a time when they have to show their financial documents to a third party. Therefore in conclusion, it a major responsibility in financial reporting practices and ethics. Financial managers should implement the four elements of financial management in their reports to avoid fraud, abuse and the risk of breaking ethics. Managers should know how to plan, control, organize and directing and decision making. They should always incorporate the GAAP rules and regulations in order to avoid unethical rulings.