A Very Indian Poem in English Essay

Nissim Ezekiel is one of those Indian artists writing in English who makes a real kind of India, by his utilization of Indian English †Pidgin English on Bazar English, as it is regularly called. In this sonnet, the Indian flavor has been made by focusing on the different mix-ups which Indians submit in their utilization of English, by acquiring the expectations and goals of free India, and furthermore the perspectives of her two threatening neighbors, China and Pakistan. Beautiful Inspiration for the Poem: Everything began as a remark by a companion who said that you write in English no uncertainty and you compose English well however you don’t appear to try and know or understand that a large number of Indians talk what must be called Indian English, So from that time in the entirety of his train ventures from Mithibai College back home, he began to look into the manner in which English was being spoken on the train. Each time he heard a conspicuous Indian English expression like, â€Å"I’m not knowing only.† he would bring it down. At the point when he had around a thousand of these, he thought of making this current sonnet. The Indian Living Conditions: Ezekiel presents that the new age is following ‘fashion and remote things.’ He presents the commonplace Indian make †up. The Indian day to day environments are looked to be depicted. The India of yester years is no longer to be seen here, as modernization and industrialization have speeded up the procedure of progress. The deplorable thing in the advanced world is the demonstration of brutality and hostile to †social propensities ending up being a danger. Still the positive viewpoints like recovery, compensation and contraception could be thought of as an exit from the current jumble. One can positively seek after the better and spread the best that is thought as interesting. Old Indian Wisdom: In the subsequent verse, the perusers get a peep into things †Indians as Gandhi’s beneficiary, he would settle on harmony and non †savagery. He is baffled why others are not following Gandhi’s exhortation †while in this gauge, the old Indian shrewdness is right, contrastively the cutting edge age takes it to whatever is western and chic †like different Indians, he also needs to improve his English language. The understudy intrigue and negligible disturbances cause him to feel nauseating line Antony’s offer to the Roman crowd, he will call upon the kindred residents to think about the past experts. Along these lines in the third refrain, he articulates, In request to escape from that which is nauseating, he needs to have a cup of wine which is generally excellent for assimilation. It tends to be taken as identical toward the western wine if just somewhat salt is added to make it a beautiful beverage. The writer admits that he is the complete teetotaler from drinks while it is taken by addicts to gunch themselves, he as far as it matters for him would go to basic beverages like lassi. In this manner, the writer attempts to get the old Gandhian days. The World Situation Today: In the fourth verse, the writer can verbally process and offer his remarks on the world circumstance today. The current conditions everywhere throughout the world talk about a terrible pattern that give an edge to the creation of hazardous weapons and attempt to be better than others. The nations of the world regularly attach with one another in keeping themselves in front of others in this distraught serious world. This remember regularly prompts clashes bringing about loss of valuable human lives. On the off chance that just one considers the different as the sibling; the pattern could be changed. Solidarity in Diversity: India is where the standard of ‘unity in Diversity’ is polished. Here numerous networks live respectively despite the fact that there are a few issues. This perfect circumstance wherein one Co-exists with the other is portrayed as Ram Rajya by the writer. He gives the hand of invitingness to the guest and anticipates that him should come back once more. The writer is hopeful when he says that he appreciates each snapshot of good organization. In this way, he closes the sonnet by saying that he doesn't feel the need of commending services. Regular Mistakes ‘highlighted’ in the Poem: Substrate effect on language structure is very normal. It is frequently disliked as â€Å"wrong†, yet in the long run turns into an ordinary piece of the new dialect variation. â€Å"The Patriot† contains various Indian English models: the reduplication of action words in â€Å"fighting fighting†, the absence of uncertain and distinct articles in â€Å"threw stone at Indirabehn† and â€Å"all individuals of world†, the utilization of one rather than the inconclusive article an in â€Å"one glass lassi†, the extreme utilization of the positive article the in â€Å"not that I am ever tasting the wine†, the over the top utilization of the consistent tense (the - ing structure) in â€Å"I am representing harmony and non-violence†, the exclusion of a mandatory item pronoun in â€Å"modern age is neglecting† (rather than â€Å"neglecting this†) and so forth. Once more, this is a humorous sonnet as opposed to a veritable case of Indian English, however the marvels exemplified are sufficiently certified. End: Nissim Ezekiel possesses a remarkable situation among Indo-Anglian artists of post-Independence time. Nissim restricted the optimism and sentimentalism of the prior gathering of Indian scholars in English, and attempted to take a gander at any run of the mill Indian circumstance with an Indian disposition, with a novel and dynamic Indian knowledge. He keenly controlled Indian English to draw out the Indian perspective. Accordingly Ezekiel utilizes ‘Indian English,’ or ‘Babu Angrezi’ in his verse to delineate the attributes of Indian disposition. He utilized incongruity as a weapon to delineate the trademark highlights of Indian mentality.

Jesus Christ-Life and Influence Research Paper Example | Topics and Well Written Essays - 1500 words

Jesus Christ-Life and Influence - Research Paper Example Jesus is consistently viewed as the one and the main virgin birth that has showed up in the whole history of humanity since the formation of Adam and Eve in the heaven. The Old Testament had just made an expectation about his appearance on the planet through the virgin conveyance to be made by a devout and modest respectable woman for example Sacred Virgin Mary (Isaiah, 7:14). Along these lines, the devout and strict disapproved of Jews were very much aware in regards to this extraordinary sort of birth in their clan one day in the wake of the Commandments to be made by the Lord so as to show the agnostics, non-devotees, and wolves in sheep's clothing the indications of the Omnipotence of the Lord. Since all the clans having confidence in Almighty God were in hold up of such a consecrated birth, the Magi additionally voyaged wide from the old Persia to the city of Nazareth so as to see the favored youngster showed up on the planet from the high sky so as to fill the world with the as tonishing hallowed light of equity, fairness, honorableness, and confidence. The Gospel of Matthew gives a point by point and exhaustive record of the visit of the three Magi from the far off locale of Persia (Matthew, 2:2). Since the Magi had been honored with the information on crystal gazing, and their relationship with the Zoroastrians had expanded their confidence in the Oneness of Almighty God the Creator, the three Magi set out to a comprehensive undertaking towards Nazareth so as to see the blessed youngster and present their endowments to the Savior of humankind. Subsequently, the kid would absolutely be one of a kind and remarkable one, which would consume his whole time on earth in instructing, lecturing and helping the individuals without segregation, and would grasp passing at the prime of his childhood only for sparing the mankind from turning into a casualty of the discipline and anguish for submitting the first sin. Jesus was conceived in Bethlehem, and the Magi like wise met him there (Anderson, 2005: 23-24). Be that as it may, as a result of the restriction made by the wolves in sheep's clothing and non-adherents, Holy Mary needed to continue to Egypt so as to spare the holy youngster from the contempt of the desirous and angry individuals of Nazareth. Little is thought about the adolescence and early young people of the Holy Christ, however the history specialists and scholars give off an impression of being concurring with the idea that the indications of the profound rise of this hallowed youngster had begun showing up as a part of his character since the youth years (Littleton, 1975: 22). By one way or another, Jesus came back to his local city alongside his hallowed mother in his initial youth, where he was submersed by Holy John the Baptist (Matthew, 3:13-16), however John is seen to announce Jesus better than him in all regards. Henceforth, it becomes obvious that his contemporary honorable men of Nazareth had kept up the information on the profound and raised status of Jesus Christ. The Christian confidence is credited to Christ, who lectured love and consideration to all humanity.

How To Use Keywords On Your Marketing Strategy Effectively

How To Use Keywords On Your Marketing Strategy Effectively Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!How To Use Keywords On Your Marketing Strategy EffectivelyUpdated On 21/06/2016Author : Atinder SinghTopic : SEOShort URL : http://hbb.me/28LNP5Q CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogAlthough many pundits have synonymized the current era with the “death of SEO,” the truth is much more complicated. SEO may be changing, but in many ways it has further emphasized the need to utilize in-depth keyword and optimization tactics across the board. The continued proliferation of eCommerce sites and the limited access to tools like Google AdWords have only made effective SEO more imperative. This article will discuss how to use keywords effectively throughout your marketing strategy.Use Keywords On Your Marketing StrategyOn Individual Web PagesThere are a number of places in which you need to use keywords to optimize individual web pages on your site:Within your page’s SEO titl e tagâ€"this allows for on-page optimization of a keyword.Within your page’s meta descriptionâ€"the keyword will be bolded should it be part of a search query.In the file name and alt text of an image.In the first paragraph of the page.In content scattered throughout the page.Social MediaAlthough most social media channels do not allow for optimization of the “SEO Title” field, other components of your social profiles and pages should be keyword optimized. For example:Twitter and Instagram bios should contain your primary keyword.On Facebook, your keyword phrase should be present in the “About” tab, including “Short Description,” “Long Description,” and “Category.”Pinterest’s “About You” box should contain your keyword phrase.Many social sites, such as Google+ and LinkedIn, have different recommended practices depending upon the type of profile setup.READ9 Interesting Ways to get the Links to Rank a Site!BrandingThe best way to establish a brand online is to use a consistent message. One way to do this is through using a stable and accurate keyword phrasing across the web. For example, if you are a veteran freelance writer, you can say, “I am an experienced writer with an expertise in popular music.” Finding this specific phrasing is the hardest and most important partâ€" this is why keyword research matters.It should be reiterated that the ultimate use of this keyword phrase is for utilization across all platforms in some capacity.In Content CreationWith content creation, there are different ways to go about incorporating keywords. One way is to write the content as intended without taking into account keyword placement. The idea here is that you’re writing for your audience first, with keywords and optimization techniques being implemented afterwards.Another approach is to do keyword research first and base content around the keywords that you discover are most effective. A great tool to conduct research is with Google AdWor ds Keyword Planner. The spreadsheet that you download from AdWords can be expanded to include details on the content based upon this research.Other AvenuesThese keyword-based strategies only cover a handful of ways in which to market effectively online. Many other avenues with their own tactics should be explored, such as guest blogging. Using an experienced online marketing firm such as Coalition Technologies can help your business become more directed in terms of all of the aspects of keyword strategy.

Argumentative Essay Outline On Abortion - 715 Words

Is Her Body Truly Hers? I. Does a woman really have control over her own body? Abortion has been out in the open as a topic in debate since the 1960s. Abortions have been practiced long before Row v Wade in 1973; there were once anti-abortion laws in 1910. According to thoughtco.com,† In the United States, abortion laws began to appear in the 1820s, forbidding abortion after the fourth month of pregnancy†[1]. Abortion is still quite a hot topic in 2017, and everyone is entitled to what they believe is right. The question is, is should abortion be legal in the United States and the rest of the world? In my opinion, abortion should be legal across the globe. Anti-abortion laws are so outdated; women should be able to take back their bodies†¦show more content†¦Having sexual intercourse even with protection always carries the risk of pregnancy. One might object that abortion should be legal, because fetuses can feel pain and women should take responsibility for their actions. C. Respond to Counter-Argument (Premise 3)Although pregnancy is always a risk when engaging in sexual intercourse, many young adults aren’t properly sexually educated. Sadly, some women get raped and happen to get pregnant not by their choice. Why would a woman want to bring a child into the world if it is unwanted? Believe it or not, (Premise 4) abortions are a lot safer than child birth, if performed by a professional. According to E.G. Raymond and D.A. Grimes, â€Å"A womans risk of dying from having an abortion is 0.6 in 100,000, while the risk of dying from giving birth is around 14 times higher (8.8 in 100,000)†[3]. I reply that abortion should be legal, because there are young adults out in the world having sex without proper the education, and in the instances of rape cases where women unwantedly get pregnant. III. Conclusion (conclustion)Abortions should be legal because a woman should have control over her own body. Abortion has been a constitutional right since 1973, so why should we revert to when abortion was illegal and women were dying due to blood loss from self-done abortions? Young teens and adults should have access to abortions when needed because not everyone is fortunateShow MoreRelatedGraduation Speech : My Career Life Consuming And Stressful Classes I Have Ever Taken1521 Words   |  7 Pagestough time making my sentences flow together easily, my essays sounded choppy. Also, it was obvious when I was stretching my sentences to make an essay the required length; I no longer need to do that, now I must work on shortening my essays. This portfolio contains assignments completed in this composition class. These will all show evidence of improved writing from this first draft to the final copy. Throughout the portfolio, four essays and three inferior writing assignments will be found. EachRead MoreWhat Makes A Successful Argument?927 Words   |  4 Pagesargument? An argumentative essay is similar to any other essay. The writing process may vary, but only slightly to meet the demands of an argument. When writing a convincing argumentative essay, one must first choose a topic and then think about that chosen topic, draft a thesis statement, understand the intended audience, gather evidence, refute opposing arguments, revise the thesis statement, establish credibility, draft the essay, revise the essay, and finally polish the essay. By implementingRead MoreEnglish 111 Evaluation Essay623 Words   |  3 Pagesof writing. This essay will evaluate the English 111 textbooks, essays, self-reflections, the instructor, and what I personally learned. The English 111 textbook had effective sample essays and diagrams of outlines. The Successful College Writing Textbook is the textbook used for the English 111 course. This textbook had great sample essays because they showed useful examples of transition words and phrases. These sample essays also gave a guideline for writing a proper essay. The diagrams in theRead MoreDescriptive Analysis6093 Words   |  25 PagesDescriptive Analyses of the Essays and Short Stories Narration and Description THE STRATEGIES Although the narrative and descriptive essays are often given as separate assignments in composition courses, they are combined in this first section so that teachers can present expressive writing and still reserve time for the many forms of informative and argumentative writing. This choice is tricky because it confirms the folk wisdom about expressive writing and rhetorical difficulty. According toRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesdegree of success or failure. In summary, evidence suggests that a five-step learning model is most effective for helping individuals develop management skills (see Cameron Whetten, 1984; Kolb, 1984; Vance, 1993; Whetten Cameron, 1983). Table 3 outlines such a model. 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Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesapplicants who did not wear Muslim-identified attire.54 Faith can be an employment issue when religious beliefs prohibit or encourage certain behaviors. Based on their religious beliefs, some pharmacists refuse to hand out RU-486, the â€Å"morning after† abortion pill. Many Christians do n ot believe they should work on Sundays, and many conservative Jews believe they should not work on Saturdays. Religious individuals may also believe they have an obligation to express their beliefs in the workplace, and

Literature Review-Fdi in Retail - 1349 Words

RETAIL MARKETING PROJECT INTERIM REPORT LITERATURE REVIEW AN EMPIRICAL STUDY OF THE GROWTH PROSPECTS AND PROFITABILITY OF FDI IN RETAIL SEGMENTS OF INDIA Submitted to: Prof. Sapna Parashar Date: 23-07-2008 Submitted by: Arnab Sinha 071108 INDEX INDEX 2 CONCEPTUAL ANALYSIS 3 Summary of Retail Market in India and FDI in Indian Retail 3 LITERATURE REVIEW 5 1. Literature Review-1 5 2. Literature Review-2 5 3. Literature Review-3 6 4. Literature Review-4 7 5. Literature Review-5 7 GAP ANALYSIS 8 REFERENCES 9 CONCEPTUAL ANALYSIS Summary of†¦show more content†¦The three firms are two U.K.-based multinational retailers (Tesco and The Body Shop) and a French-based global retailer (Moà «t Hennessy,Louis Vuitton). Evidence of strong network relationships for all three retailers is found, although each embraces network strategies for different reasons. Their flagship relationships depend on each retailer s strategic use of firm-specific-advantages (FSA s) and country-specific advantages (CSA s). It infers that a flagship strategy can succeed in overcoming internal and/or environmental constraints to cross-border resource transfers, which are barriers to foreign direct investment (FDI). 3. Literature Review-3 Title: Foreign entry into British retailing, 1850-1994 Authors: Andrew Godley, Scott Fletcher Source: International Marketing Review; Volume: 17 Issue: 4/5; 2000 This paper traces the history of foreign direct investment in UK retailing since 1850. The results suggest that the upsurge of cross-border activity in the 1980s and early 1990s was exceptional in absolute terms. However, when compared to the most likely determinant of entry rates, consumer purchasing power, the recent upturn is best seen as a return, after several decades of relatively low entry rates, to the high level of FDI prevailing in the early twentieth century. 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A critical observation of extant literature shows however, that multinationals from Asia and Latin America has dominated the study of EMNCs internationalisation (Child and Rodriguez, 2005; Yeoh, 2011; Fortanier Tulder, 2009; Sim, 2005,). Others include that of Olaya, Olaya and Cueter (2012) of 5 Latin American countries, while, Cyrino, Barcellos Tanure (2010) study Brazil, Eren-Erdogmus, Cobanoglu, YalcÄ ±n Ghauri (2010) study Turkish retail firms and Bianchi, (2014) that of ChileanRead MoreForeign Investment Into The Lo ndon Property Market1421 Words   |  6 Pagesof foreign investment, a comparison with another area of the country and the presence of foreign money in other areas in the UK. The aim of the project is to investigate and document something that has not been extensively researched in academic literature. The present day issue of foreign investment in London property provides somewhat of a gap in academic study which I hope (in a small way) to begin to fill. There are several reasons for me choosing this particular area to research, the first isRead MoreCapital Theories Of Capital Theory2374 Words   |  10 Pages2. Literature Review (2,370) Capital theory FDI has only been treated as separate to traditional theories of capital movements in the internationally sphere since the 1950s (ref: lit review copied text). It became a system and theory in its own right in response to undertakings to understand the inadequacies in projected investment return from different countries, and began to differentiate between them as individual systems. A study by Mundell (1960) showed that some American firms were actually

Family Day Essay - 965 Words

nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Family Day When I was around 6, I had gotten out of church wearing my nice church clothes with a tie, shoes, dressy pants, and a blazer. I was with my mom, dad, brother, and sister, who all had on church clothes too. My sister had the same things my mom had on, a black long skirt with an expensive white shirt. My brother and dad had on the same thing too: black shoes, navy blue pants, black bowtie and white shirt. I was the only one with a blazer on. My siblings and I were really happy we all went to church together, so I guess my dad was happy because of that, but he had a tired look on his face too. nbsp;nbsp;nbsp;nbsp;nbsp;After church,†¦show more content†¦I guess to make sure no one got in to rob them it was so high. It had a metal gate in the middle, about 20 feet tall, but an opening we can walk through. There was a doorman there who said we could get in for free, but we had to give a donation – any amount we wanted to give. So my dad gave him a few bucks and we kept moving. It was beautiful once we got in. There were trees so high up and along a cement road; we could walk around the garden. In the garden there were houses that seemed old and run down, like they had been there for years but went inside one, it smelled like roses. We noticed at second glance it was a rose house with many different types of roses. They had red, yellow, white, even pink roses. My sister loved it there; she was dreaming she was in a romantic movies waiting for her dream man to come. My brother and I just laughed at her, saying she was stupid. nbsp;nbsp;nbsp;nbsp;nbsp;As we moved along, we got to a bridge that seemed old and run down, but I thought of it as an adventure. Under the bridge, there was this disgusting muck of black water. Of course my brother and I had to go across it, even though my dad said no because we may fall in the water. I am not that stupid, so I told my brother to go first. He ran across the bridge and made it just fine, so I though â€Å"it is my turn; if he can make it, so can I†. So I pretended I was in a race for my life. LikeShow MoreRelatedA Day For My Family965 Words   |  4 PagesLucky I will never forget the day I moved in to my own house. I guess you could say it was a really lucky day for my little family. It was that day when the world seemed to be a little less gloomy, and I felt a little less helpless. For once, things were looking up for us, us being my boyfriend Andrayus, my dog Chewy, and myself. It all started when I was simply driving from school a whole twenty minutes out of town where we were staying at his grandmother’s. His grandmother had a small trailerRead MoreDay Of The Dead : A Celebration Of Family976 Words   |  4 PagesDay of the Dead: A Celebration of Family The holiday Day of the Dead is a Mexican tradition. It is a cultural celebration that involves honoring those who are no longer on earth. It is a way to rejoice not mourn the loss of loved ones. Mexicans believe it is important to connect with the spirits, and offer them gifts. Not only does it show how important present family members are to Mexicans, but also those who have passed on. Many outsiders see this holiday as evil. Since it is a common misconceptionRead MoreThanksgiving Day Of My Family Essay1853 Words   |  8 PagesMore Than a Side Dish Imagine a day where one wakes up early, watches a parade, and then enjoys a plentiful spread of food with loved ones. These activities describe Thanksgiving Day in my family. Along with countless other people from the United States, our Thanksgiving holiday focuses on family and food. Yet, the homemade stuffing side dish, which sits beside a turkey and cranberry sauce, is much more than bread to my family. Five generations of women have used a special recipe that now connectsRead MoreMy Family Day At Home Essay909 Words   |  4 PagesMany people called Sunday as a family day, which the family has a joyful day to gather around. But for me, it happened when I was in second grade, a day that made me have mixed feelings. Having a relaxed Sunday with a delicious meal for lunch at home was really great. My brother and I were both enjoying the food that mom cooked for us. Watching TV while we were eating was our specify action as always. But sometimes, if you are too concentrated on it, you will get a bad consequence. I accidentallyRead MoreThe Day Of The Family Farm Days1277 Words   |  6 PagesThe days of the family farm days are over. For decades, there has been such an exorbitant consumer demand for pork products. The consumer demand is so high that pork is now a multibillion-dollar industry, Swann (2014). Now the family farm has evolved into what critics call â€Å"factory farms† due to high consumer demand for affordable meat pork products in the United States (p.43). This mass production calls for animals to be forced to live in confined spaces and operate a breeding system for massRead MoreMy Day With My Family996 Words   |  4 Pageswhen I am home with my family. Any activity we do together is amazing. Whether it’s watching a movie together, having dinner, or having something to talk about. There is always a time of the day where we just have a good laugh about something that happened throughout the day. I know my family will always be there for me and I will do the same for them. I believe that I am blessed to have such a loving, caring, and compassionate family. I believe when times are tough, my family is my true comfort. EvenRead MoreProject Management for Family Day793 Words   |  4 PagesIntroduction Company ABC is a small company consist of 100 employees in total. To facilitate bonding between the employees and their family and enhance relationships between co-workers, company ABC will make a family day that will be held in Chinese Garden on 1st of July 2013. In this family day, employees and their family will participate in some activities that has been arranged by company. Project Scope Statement Project Objective The objective from these activities are happy employeesRead MoreA Family Day At Los Angeles1525 Words   |  7 PagesOn November 1, 2015; I went to a family gathering in the front yard of Vincent’s house near Los Angeles. Upon arriving at this family gathering I soon realized that everyone at this gathering was either family or a family friend, all of whom grew up in a Salvadorian home with a Salvadorian food culture. While at this gathering I noticed that there was one family member who seemed not to be eating any of the food that was set out, she seemed to be using caution with any of the food she did eat. ThisRead MoreThe Day My Family And I Moved889 Words   |  4 PagesFifteenth May 2014: The day my family and I moved from Chicago to London because of my Dads promotion. I was enraged about the move though, my family were filled with outright awe. The thought of moving to London, trying new cultures and meeting new individuals tempted them to moving. School: Their accen t and uniform – everything was odd. My brother then again delighted in finding another nation and way of life, so he fitted in superbly. Every second was hell and the hall possessed an aroma similarRead MoreA Sunny Day And The Royal Tiger Family733 Words   |  3 PagesIt was a sunny day and the royal Tiger family was walking through the jungle. Hunt, the king, said â€Å"Is it a wonderful day kids.† â€Å"No dad† said Melissa as they were walking through the jungle.Their son Brandon, the prince, said â€Å"Yes father it’s a wonderful day.† â€Å"Honey should we search the area for bad animals?† said Amy the Queen. â€Å"Yeah dad let’s search please† said Brandon. â€Å"Yeah dad let s go it would make my day happier† said Melissa. â€Å"Yes honey it would make the kids day more fun to search

Corporate Finance Utilisation of Financial Statements

Question: Discuss about the Report for Corporate Finance of Utilisation of Financial Statements. Answer: Introduction Australian Accounting Standard has developed many standards for proper presentation and utilisation of financial statements. Thus, Presentation of Financial Statements AASB 101 which represents the format in which accounts should be formed is applicable for the reporting period after 1st January 2009. This standard was structured by the Australian Accounting Standards Board (AASB) on 16th August 2007 (Haswell and Langfieldà ¢Ã¢â€š ¬Ã‚ Smith, 2008). The purpose of this standard is to set down the basis for the appropriate presentation of financial statements for a common purpose to confirm it's inter and intra comparability with its own organisation and other organisation too (Dean and Clarke, 2005). It sets an overall requirement for the format in which financial statements should be presented and the minimum requirement to be followed by content and guidelines of their structure. Therefore the crux of application of this standard is to present a financial statement in a format that it can be used by other organisation for comparison purpose and within the entity for the same purpose. The standard is applicable to each and every organisation which is required to present financial statements in agreement with the corporate act and by the entity whose financial statement are held out for the general purpose financial statement. Part I: In the first part, the case of the consolidation of the wholly owned subsidiary is given in which Lisa Ltd has acquired Kam Ltd. with cash consideration. As per AASB 101, the financial reports of annual accounts of an organisation includes a statement of financial position at the end of the year, a statement of profit loss and other comprehensive income for the period flow statement for the period. It comprises of a statement which presents the changes in equity for the period and the notes to accounts are comprised with it including an abstract of considerable accounting policies on the basis of which accounts have been formed. The entity after formation of books of account has to disclose in the annual report that the financial statement prepared by the management concludes that they present fairly the financial position of the entity. It has also to be concluded by them that it has been compiled with Australian Accounting Standards unless the available variation is done only to present a financial statement in a fair manner (AASB, 2004). The first part includes journal entries and abstract of consolidated balance sheet. All the working and calculations which are part of it are also presented here. The working of each account has been presented to show detail working of each account. Journal Entries in the books of Lisa Ltd. For the period 1.1.2016 to 30.6.2016 Sr. No. Date Particular Dr. Amount Cr. Amount 1 1.1.2016 Fixtures Fittings A/c Dr. 60000 Inventory A/c Dr. 20000 Patent A/c Dr. 90000 To Legal Claim A/c 15000 To Business Purchase A/c 88000 To Capital Reserve A/c 113000 [Being business of Kam Ltd. acquired by accepting its all asset and liabilities at fair value and the fair value of patent has been assumed nil.] 2 1.1.2016 Business Purchase A/c Dr. 88000 To Cash 88000 [Being business of Kam Ltd. Acquired against cash.] 3 30.6.2016 Cash A/c Dr. 18000 To Inventory a/c 9000 To Surplus on sale of inventory a/c 9000 [Being 90% of inventory sold at fair value.(Refer working note.1)] 4 30.6.2016 Depreciation A/c Dr. 15000 To Fixture Fittings A/c 15000 [Being depreciation charged on fixture and fittings. (Refer working note 2.)] 5 30.6.2016 Profit loss a/c Dr. 15000 To depreciation a/c 15000 [Being depreciation transferred to profit and loss a/c.] 6 30.6.2016 Surplus on sale of inventory a/c Dr. 9000 To Profit Loss a/c 9000 [Being profit received on sale of inventory transferred to profit and loss a/c.] 7 30.6.2016 Profit Loss a/c Dr. 9000 To Capital Reserve 9000 [Being the profit earned on sale of inventory transferred to profit and loss a/c and then adjusted against capital reserve.](Refer working note 3.) Working Note.1 Calculation of profit on sale of Inventory: Sr. No. Particular Amount 1 Fair Value of Inventory sold (90% of Inventory) 18000 2 Carrying amount of Inventory 9000 3 Profit on sale (Fair value less carrying amount.) 9000 Note: As the profit is earned by Lisa Ltd. after the acquisition it will be transferred to Reserve and Surplus account. Working Note.2 Calculation of depreciation on Fixtures Fittings: Sr. No. Particular Amount 1 Fair Value of Fixture Fittings 60000 2 Years having beneficial life 2 years 3 Depreciation (Fair value/ no. of remaining years having benefit life) 30000 4 Depreciation for period of six month 15000 Working Note.3 Calculation of amount of profit adjusted with capital reserve: Sr. No. Particular Amount 1 Profit from sale of inventory 9000 2 Amount adjusted against capital reserve 9000 Note: As the goods were sold before 30.06.2016 and the inventory was accounted at the fair value rather than the carrying cost. Therefore, at the time of consolidation, the whole profit was already accounted and hence now it will be adjusted against the capital reserve. Working Note.4 Taxes: Sr. No. Particular Amount 1 Profit from sale of inventory 9000 2 Depreciation on fixture fittings for the period 15000 3 Profit/ (Loss) during the period -6000 An Abstract of Consolidated Balance Sheet of Lisa Ltd. as at 30 June 2016 Notes Amount of $ ASSETS Financial Assets Cash and cash equivalents - Trade and other receivables - Total financial assets - Non-Financial Assets Land and buildings - Property, plant and equipment - Fixtures Fittings 45,000 Intangibles 2 90,000 Inventories 3 2,000 Other - Total non-financial assets 1,37,000 Total Assets 1,37,000 LIABILITIES Non-Current Liabilities Long Term Loan - Other - Total - Current Liabilities Bank Overdraft 4 70,000 Suppliers - Others - Total 70,000 Provisions Employee provisions - Other 5 15,000 Total provisions 15,000 Total Liabilities 85,000 Net Assets 52,000 EQUITY Parent Entity Interest Contributed equity - Reserves 6 1,13,000 Deficit 7 (15,000) Total parent entity interest 98,000 Total Equity 98,000 Notes to accounts: Fixture fittings: Opening Value 60000 Depreciation (15000) Written down value 45000 Intangible Assets : Patent 90000 Inventory: Closing Stock 2000 Bank Overdraft: Balance as on 30.6.2016 70000 (As the balance of cash is negative, it has been considered as bank overdraft ) Other: Provision of Legal Claim 15000 Reserves: Capital Reserve 113000 Deficit: Profit Loss account 15000 Working Note: 1 Fixture Fittings Date Particular Amount Date Particular Amount 1.1.2016 To Business Purchase A/c 20000 30.6.2016 By Cash 18000 By Balance b/d 2000 Total 20000 Total 20000 Working Note: 2 Inventory A/c Date Particular Amount Date Particular Amount 1.1.2016 To Business Purchase A/c 20000 30.6.2016 By Cash 18000 By Balance b/d 2000 Total 20000 Total 20000 Working Note: 3 Bank Overdraft Date Particular Amount Date Particular Amount 1.1.2016 To Business Purchase A/c 88000 30.6.2016 By sale of Inventory 18000 By Balance b/d 70000 Total 88000 Total 88000 Working Note: 4 Legal Claim Date Particular Amount Date Particular Amount 30.6.2016 To Balance b/d 15000 1.1.2016 By Business PurchaseA/c 15000 Total 15000 Total 15000 Working Note: 5 Capital Reserve Date Particular Amount Date Particular Amount 30.6.2016 To Balance b/d 113000 1.6.2016 By Balance b/d 113000 (as created by purchase of Kam Ltd) Total 113000 Total 113000 Working Note: 6 Profit Loss Account Date Particular Amount Date Particular Amount 30.6.2015 To Depreciation 15000 30.6.2015 By Surplus on sale of Inventory 9000 By Balance b/d 6000 Total 15000 Total 15000 Part II: The following considerations have been taken while solving the below part: According to the Australian Accounting Standards the basis which has to be applied while the formation of books of accounts by all the entities are going concern, accounting on an accrual basis and substance over form (Sheet, 2012). The format of the statement of profit or loss account and another comprehensive income is according to AASB 101. The presentation of financial statement should be in accordance with other accounting standards which are relating to revenue such as AASB 118 relating to revenue. According to this standard, an entity requires accounting its revenue by measuring the consideration received or receivable on a fair basis (AASB, 2008). The income generated from activities which are not incidental to the functional activities of the organisation are included under the head other comprehensive income in profit or loss statement. Statement of Profit or Loss and Other Comprehensive Income Note In $'000s Income Sales 1 5,000 Expenses Cost of Sales 2 3,500 Expenses Marketing Cost 2 66 Administrative Cost 2 99 Distribution Cost 2 200 Finance Cost 3 100 Profit before Income Tax 1,035 Income Tax 4 311 Profit for the year after tax 5 725 Profit distributed as Dividend 6 10 Profit retained by the company 715 Total other comprehensive Income 0 Comprehensive profit for the year 715 Notes to Account: Note 1. Revenue Particular Amount In $'000s Sales 5000 Total 5000 Commentary Note-1 Revenue: AASB 118 has been followed in book-keeping for proceeds generated during the following transactions and events: Sales of the product. The reproduction of services. Receipt of Interest, royalty and dividend. Note 2. Expenses Particular Amount In $'000s Cost of Sales 5000 Expenses from transactions: Marketing Cost 66 Administrative Cost 99 Distribution Cost 200 Total Expenses 5365 Commentary - Note 2 Expenses: This head includes any outlay of payments needed for the generation of income. An expense is considered as part of operation system only when: It is probable that the consumption is consequential in a diminution of an asset or amplifies in the liability that has occurred. Future economic benefits whose consumption or loss can be reasonably measured. Note 3. Finance Cost Particular Amount In $'000s Finance Cost 100 Total 100 Commentary - Note 3 Finance Cost: This cost is accounted in the period in which it is incurred as an expense and to be shown as a separate head. Finance cost includes: Finance charges in respect of finance leases recognised in accordance with AASB 117 Leases are to be followed for accounting finance charges in respect of finance leases. Interest on bank overdraft (accounted as an expense in the year they are been paid). Note 4. Income Tax Particular Amount In $'000s Profit before tax 1035 Tax Rate (30%) 310.5 Total Current Tax 310.5 Note 5. Profit for the year after tax Particular Amount In $'000s Profit Before Tax 1035 Tax 311 Total 724 Note 6. Dividend Particular Amount In $'000s Dividend paid to shareholders 10 Total 10 Note 7. Surplus on sale of plant and machinery: Particular Amount In $'000s Proceeds from sale of plant and machinery 800 Carrying amount of plant and machinery 400 Surplus 400 Commentary - Note 7 Finance Cost: The above profit is a capital profit as the sale of plant and machinery is not an operation activity for the organisation. For ascertaining the cost of plant and machinery, the lower of cost or carrying the amount of plant and machinery will be considered. It has been assumed that capital gains are exempted from tax; hence no treatment has been done regarding it. Conclusion: The above two parts are solved in accordance with AASB 101. Each and every calculation has been described in a detailed manner so that it could be easily understood. The presentation of accounts is also according to AASB 101; wherever it has been not followed the reason of it has been described. The assumptions taken while solving the numerical part have been informed by way of a note. The journal entries have been explained with narrations to make it clearer. The above analysis depicts that the financial statements are an ordered presentation of the financial performance and position of the organisation. The aim of financial statement is to present data about the financial performance and cash flows of the organisation that can be utilised for making a financially viable decision by a wide range of users. The first part shows the financial position of the entity on a particular date i.e.30.06.2016 by considering the value of assets and liabilities are same is presented through this statement. The capital reserve which has been created due to consolidation with Kam Ltd shows that consolidation is beneficial for acquiring the company. The second part represent the profit of 715000$ earned by the entity for the period. It shows that the entity is financially sustainable. The capital income earned by the entity during the period has been shown separately as it does not form part of profit or loss account. References AASB, A.S., 2004. Presentation of Financial Statements. Balance Sheet. 68. P.73. AASB, A.S., 2008. Consolidated and Separate Financial Statements. Routledge. Dean, G. and Clarke, F., 2005. True and Fairand Fair ValueAccounting and Legal Willà ¢Ã¢â€š ¬Ã‚ oà ¢Ã¢â€š ¬Ã‚ theà ¢Ã¢â€š ¬Ã‚ Wisps.Abacus.41(2). Pp.i-viii. Haswell, S. and Langfieldà ¢Ã¢â€š ¬Ã‚ Smith, I., 2008. Fiftyà ¢Ã¢â€š ¬Ã‚ Seven Serious Defects in AustralianIFRS. Australian Accounting Review. 18(1). Pp.46-62. Sheet, B., 2012. General Purpose Financial Reports. Cengage learning.