Friday, January 31, 2020
Studying in American university of Kuwait Essay Example for Free
Studying in American university of Kuwait Essay Established in 2003 by Amiri Decree 139, American University of Kuwait (AUK) is an autonomous liberal arts institution. Its campus is situated at the intersection of Salem Al Mubarak Street and Amr Ibn Al As Street in Salmiya district, Kuwait. In addition, AUK is a certified body by the council for private universities and the Ministry of Higher Education of Kuwait state. The administrative structure and educational standards are based on the American model of higher learning. The University strives at equipping students with essential skills for promoting critical thinking and value for diversity. One of the major motivations for applying at AUK is its educational quality and diversity. The fact that the medium of instruction is English, the university offers a serene environment for any English speaker. Consequently, students from around the globe can join, owing to the fact that English is the most widely spoken language. In addition, with its large garden enclosed by offices and classes, the campus design offers an open atmosphere for intensive learning. Apart from the design, its interactive and relaxing structures have greatly motivated me to study at AUK. This is mainly offered through pool tables and HD televisions found at a tent located at the main gate. AUK does not only offer curriculum activities, but also extra curriculum opportunities like athletics and clubs. Examples of athletics offered include, soccer, volleyball, basketball and table tennis, among others. Since the university values a multicultural and a lively campus involvement, students of different cultural background makes this a reality. Similarly, self-awareness and effective communication skills offered, leads to responsible, morally acceptable individuals in societies. Thus, I believe I will become a good ambassador of the institution. Moreover, the students clubs and associations play a crucial role in giving back to the community. This is through community service activities, where I can take part and at the same time create goodwill between the institution and the surrounding community. In summary, I am convinced that my relationship with the AUK administration will create a win-win situation. The modern facilities and the high-speed internet services do not only attract me, but will also make my life in campus lively and collaborative. The institution has IT developments that will ensure a rich learning environment. A wide range of degree programs offered in the institution creates a convenient space for diversity. Lastly, I find the university location quite peculiar. Surrounded by major malls and cafes with American style, the location is just one of a kind.
Thursday, January 23, 2020
Privacy In The Information Age :: essays research papers
The world is changing rapidly. There used to be a time when we could be confident that no one could learn too much about our personal lives. There used to be a time when information was merely a way of keeping records. That time is gone and with it went a large amount of what we might call our personal privacy. Information about our personal lives has now become one of the most valued resources on the market today. The explosion of the computer and communications industries has created a system that can store vast amounts of data on an individual and transmit that information almost anywhere in a negligible amount of time. More and more people are gaining access to this information and the government has been too slow to react to the changes. As a result, employers, insurance agencies, law enforcement officers, and researchers are all lobbying for legislation that would establish clear rules for the access to this information. Each of these groups stand to gain enormous benefits from legitimizing access to a broad base of personal information. This information will be organized into vast databases that will be maintained by the government, credit report agencies, the health care industry, and employers. The system will come to contain information on virtually every aspect of our lives, the data will be quickly and efficiently transferred around the globe via the arising Global Information Infrastructure, and paper records sitting in file cabinets will become a thing of the past. However, considering current trends, what may be missed the most from the old system are the locks on those old, rusted file cabinets. This new system allows for a lot of access to previously confidential files and we are already seeing the negative effects that this system has produced. For example, employers and insurance companies have begun to discriminate against individuals based on samplings of a personââ¬â¢s or fetusââ¬â¢s DNA. As genetic testing and the human genome proje ct advance, there will be an even greater opportunity for discrimination based on characteristics or conditions that may, or may not, arise in an individual's future. To provide a background to the discussion, this report will establish who has access to what information today.
Wednesday, January 15, 2020
Assessment for Learning Essay
The Assessment Reform Group (2002) identifies ten principles to guide classroom practice in assessment for learning . Choose five of particular relevance to your practice and evaluate them in relation to the pupil experience in your school. Assessment for learning (AFL) is the process of seeking and interpreting evidence for use by learners and their teachers to decide where the learners are in their learning, where they need to be and how to achieve their goal. Black and William (1998) in their research on the use of formative assessment in the classroom found ten principles of assessment which guide classroom practice in AFL. (Assessment Reform Group, 2003) The school I work in is a city based multi cultural school. UIS caters for children from all backgrounds and inclusion is of importance to our setting. I work in key stage 1 as a HLTA. I do PPA cover throughout the year 1 classes and I cover when a teacher is away wherever possible. The subjects I teach are the foundation subjects which are History, Geography, R. S and Music. I plan, implement and assess these subjects. In UIS, we believe that effective assessment provides information to improve teaching and learning. To do this in our school, we undertake two different but complementary types of assessment: assessment for learning and assessment of learning Assessment for learning (formative assessment) involves the use of assessment in the classroom to raise pupil achievements. It is based on the idea that pupils will improve most, if they understand the aim of their learning, where they are in relation to this aim, and how they can achieve this aim i.e. to close the gap in their knowledge. Assessment of learning (summative assessment) involves judging pupilsââ¬â¢ performance against national standards. Teachers may make this judgement at the end of a unit of work, a term, a year, or if a key stage. We give our children regular feedback on their learning so they understand what it is that they need to do better. Research has shown that their involvement in the review process raises standards, and that it empowers pupils to take action towards improving their performance. The objectives of this assessment are: to enable our children to demonstrate what they know, understand and can do their work; to help our children recognise the standards to aim for, and to understand what they need to do next to improve their work; to allow teachers to plan work that accurately reflects the needs of each child; to provide regular information for the parents and carers that enables them to support their childââ¬â¢s learning; to provide the head teacher and governors with information that allows them to make a judgement about the effectiveness of the school. To support our teaching, we use the Early Years Foundation Stage guidance, the Primary Framework literacy and mathematics schemes of work based on National Curriculum objectives. We assess children at the end of each unit of work to help us identify each childââ¬â¢s level of attainment. The first principle that I will be discussing is that assessment for learning should be part of effective planning of teaching and learning. The teachers plan their lessons with clear learning objectives. We base these upon the teacherââ¬â¢s detailed knowledge of each child. UIS strive to ensure that all tasks set are appropriate to each childââ¬â¢s ability. Our lesson plans make clear the expected outcomes of each lesson. (Appendix 1) Teachers always share the lessons learning objectives with the children as the lesson begins. They also indicate the way in which the activity is linked to the learning objective, and the criteria against which the work will be judged which is the success criteria. Teachers ask well phrased questions and analyse pupilsââ¬â¢ responses to find out what they know, understand and can do, and to reveal their misconceptions. We identify those individual children who do not achieve, or exceed, the expected level for the lesson, and we use this information when planning for the next lesson. Targets are set for end of Key Sage 1 and approved by Governors and the local Authority. UIS set year group targets in Mathematics, Reading and Writing for all our classes, during each academic year. These are expected levels of achievement reached by the end of the year for the majority of children and the more able in class. In Foundation1, staffs know that the next step children need to take is through systematic observation. These are shared with parents and talked through with children where appropriate. In Foundation 2 children have individual reading targets and group writing targets. In Key Stage 1 all children have individual and group targets in reading, writing and maths. Childrenââ¬â¢s targets are passed over to parents and carers, the progress of each child at the end of each term is reviewed, and revised targets are set. UIS recognise various methods of assessing a childââ¬â¢s learning. The type of assessment that our school make varies from subject to subject. We assess informally throughout the term, based on observations made by teachers or support staff. Every week I annotate assessment of the class I teach on my plan(appendix 2) and at the end of term fill out the assessment sheet. (Appendix 3) These observations are recorded in a variety of temporary formats, such as post-it notes, and are used to inform the Foundation Stage Profile or National Curriculum levels. We take the objectives for individual lessons from the board learning objectives within the schoolââ¬â¢s curriculum plan. These in turn reflect the demands of the National Curriculum / EYFS. The teachers record the progress of each child against these board objectives. This enables them to make aà judgement about the work each child in relation to national standards and allows them to monitor the progress of each child. Each teacher passes this information on to the next teacher at the end of each year. ` Teachers can review the rate of progress by looking at work in pupilsââ¬â¢ folders or exercise books and by the marks in the record books. They can then use this to adjust day to day teaching and plan further work. One way to improve manageability would be to make a note only of those pupils who achieve significantly above or below the expected outcomes of a taskââ¬â¢ (QCA, p. 3). The second principle that I will be discussing is how assessment for learning focuses on how students learn. ` If children donââ¬â¢t learn the way we teachâ⬠¦ perhaps we should teach the way they learn (Eppig, 1981). ââ¬â¢ The process of learning has to be in the minds of both the learner and the teacher. Assessment for learning helps those pupils, who do not always find learning easy, to make progress. ââ¬ËPlanning for personalised learning focuses on what teachers need to do ,individually and collaboratively ,to develop assessment for learning and personalise learning by establishing supportive conditions for learningââ¬â¢(AFL,Primary Framework). When we do our assessment of a lesson we have to consider the different styles in which pupils learn. Day to day assessments is an on going and essential part of teaching and learning. Teachers and children continually reflect on how learning is progressing, see where improvements can be made and identify the next steps to take (national strategies standard) . When undertaking assessment of pupils, teachers use their knowledge of individual children in deciding on how to go about assessing the pupil. `Research on grading pupils, shows that children are less motivated and often demoralised when they are continually compared to each other. They need to know the criteria for the next level above ,but they do not need to know what that level is called. (Clarke,2001,p. 74)ââ¬â¢ We have to consider the nature and level of support that the pupil receives as part of a normal classroom routine. The tasks and assessments are intended to assess a childââ¬â¢s ability in fair and a comparable way. If a child is a visual learner and for the assessment to be fair to him we adapt the test by having pictures inserted as well as questions. For those children that are auditory learners we read out the questions to the whole class and this enables them to fulfil their learning style. In our setting we have a working wall where the children are able to see what the objective and the success criteria of the lesson are. Appendix 4 On the working wall for the visual learner, we have two eyes to show what the teacher is looking for and ears to show the children to listen. For those children where English is an additional language we have support staff that are available while the test is taking place, so the staff can help where appropriate. Our school aims to be an inclusive school. We actively seek to remove the barriers to learning and participation that can hinder or exclude individual pupils, or groups of pupils. We achieve educational inclusion by continually reviewing what we do, by monitoring data, and through asking ourselves questions about the performance of these individuals and groups of pupils. In our setting there is a boy that is very able but his writing skills are very poor. His fine and gross motor skill are underdeveloped so to get the best out of him, he does all his work on the computer which is then assessed. Children that are on the S. E. N . register have their own I. E. P. ââ¬â¢s to work from with their allocated support staff, once their target is achieved they move on to the next target from their P-scales. The third principle that I would like to discuss is that assessment for learning should be recognised as central to classroom practice. Tasks and questions should prompt learners to demonstrate their knowledge, understanding and skills. In our setting assessment for learning is recognised as central to classroom practice. In the Foundation unit the teachers usually plan the lesson with the ideas given by children. On a Friday afternoon the teacher has circle time with her class where she starts off with a basic topic and the children then give ideas on what they would like to do around the topic. In considering the ideas of the children it prompts the learners to learn and helps with the ongoing of assessments. I did a lesson on electricity in a year2 class which I was covering . In order for me to assess the children I asked a lot of open questions which prompted them to answer. The open questions gave the children the opportunity and encouraged them to think beyond the literal. ââ¬ËResearch on wait-time showed that teachers need to leave five seconds after asking children a question, to allow them to respond. This is the optimum time it takes to process the question to formulate the answer (Clarke, 2001. p. 87). After having watched the classroom experiment I was able to take on board the idea of waiting time which I now religiously apply. ` Increasing waiting time after asking questions proved difficult to start with due to my habitual desire to ââ¬Å"addâ⬠something almost immediately after asking the original question. The pause after asking the question was sometimes ââ¬Å"painful. â⬠It felt unnatural to have such a seemingly ââ¬Å"deadâ⬠period, but I persevered. Given more thinking time, students seemed to realize that a more thoughtful answer was required ââ¬Ë(D e r e k, Century Island School). The negative side to the waiting time is that some teachers wait for two seconds before they either ask another child or answer the question themselves . Children often then do not try to think of a response, because they know that the answer would be given or another child would be asked to answer. The lesson was very inter-active I was able to assess whether my success criteria was achieved. When I handed the worksheets to the children I had asked them to write the learning objective below the date and to refer to it when they were doing there work. The fourth principle that I would be discussing is that learners should receive constructive guidance about how to improve their learning. `An assessment activity can help learning if it provides information that teachers and their students can use as feedback in assessing themselves and one another and in modifying the teaching and learning activities in which they are engaged. Such assessment becomes ââ¬Å"formative assessmentâ⬠when the evidence is actually used to adapt the teaching work to meet learning needs (Black and William, 1989). Most learners are curious to know how they have done in a task . `Feedback is sometimes seen as part of a behaviourist approach to learning ,where it is part of the sequence stimulus-response ââ¬âreinforcement (Wragg,2001,p. 27). The aim of marking in our setting is to improve the quality of teaching and learning in the classroom. Whilst doing my researchÃ'Ž I found out that Nancy from Riverside school says that her marking has developed from comments with targets and grades, which is the school policy, to comments and targets only. Pupils do work on targets and corrections more productively if no grades are given. Marking is an integral part of assessment and target setting and the outcomes inform short, medium and long term planning. Its rationale is to enable every child to achieve their full potential. It is recognised that one to one oral feedback is most valuable for young children. It should remind the child of the learning intention and emphasise the positive aspects of the childââ¬â¢s practical or recorded work. ` Various research studies have concluded that feedback is most useful when it focuses on the learning intention of the task rather than other features of the workââ¬â¢(Clarke,2001,p. 50). In our setting the minimal response for all written work is that it should be initialled and dated to acknowledge that it has been seen. Maths work is usually ticked if correct and marked with a bullet point to signify that the answer needs to be checked. In UIS traffic lights are used to indicate whether the child has achieved the success criteria for the task. Green-learning objective met, orange-a few examples of learning objective having been met, red-learning objective not met, need to see the teacher. (Appendix 5). When a child meets the learning objective the work may be underlined or highlighted in some way to acknowledge the childââ¬â¢s success. Smiley faces are used to indicate good effort. Whilst doing my research and talking to other teachers in school I found out that each child gets a detailed feedback of their work at regular intervals. This detailed feedback could be oral or written and should be specific and related to the learning intention set for the particular piece of work. Feedback needs to indicate areas where improvements or next step targets are to focus. It is important to allow children the time to reflect on the feedback and make improvements to a specific piece of work. The fifth principle that I would like to discuss is assessment for learning develop learnersââ¬â¢ capacity for self-assessment so that they can become reflective and self managing. `In practice, peer assessment turns out to be an important complement to self-assessment. Peer assessment is uniquely valuable because students may accept criticisms of their work from one another that they would not take seriously if the remarks were offered by a teacherââ¬â¢(Black and William. p. 6). Peer assessment and self-assessment is much more than children marking their own or each otherââ¬â¢s work. To improve learning, it must be an activity that engages children with the quality of their work and helps them reflect on how to improve it. Peer assessment enables children to give each other valuable feedback so they learn from and support each other. It adds a valuable dimension to learning: the opportunity to talk, discuss, explain and challenge each other enables children to achieve beyond what they can learn unaided. Peer assessment helps develop self-assessment, which promotes independent learning, helping children to take increasing responsibility for their own progress. `Research shows that if self-evaluation is linked with the learning intention of a task, childrenââ¬â¢s progress, persistence and self-esteem is improved(Black and William,1998). The development of peer assessment and self-assessment takes planning, time, patience and commitment. When children donââ¬â¢t understand the intended learning outcomes they find it difficult to move beyond superficial criteria related to neatness and spelling. By using a range of strategies and by dedicating time to allow children to reflect on and discuss their learning teachers can develop childrenââ¬â¢s peer assessment and self-assessment skills. ` Independent learners have the ability to seek out and gain new skills, new knowledge and new understandings. They are able to engage in self-reflection and to identify the next steps in their learning. Teachers should equip learners with desire and the capacity to take charge of their learning through developing the skills of self-assessment (Assessment Reform Group, 2002)ââ¬â¢. UIS trains children to use the traffic light system to indicate directly on their work to what extent they feel they have achieved the learning objective of their given task and how secure they feel they are in their learning. This helps the teacher to identify if a child is having any difficulty and this also give the children confidence in seeking help. The negative aspects of using the traffic light system at right at the end of the lesson is that some children who are over confident tend to rank their achievement very high and those children that have low confidence tend to under estimate themselves. Teachers in our setting also encourage children use the thumbs up that is when a child is confident they have achieved what was expected of them, thumbs sideways which indicates that they are half way there in understanding the objective ,but could achieve more and thumbs down which indicates that the child does not really understand and needs a bit more help. In order to develop pupilââ¬â¢s skills with self assessing their work we use prompt questions which the children can think about when reviewing their work. Pupils need to be able to assess their own progress to become more independent learners. ` One of the reasons peer assessment is so valuable is because children often give and receive criticisms of their work more freely than in the traditional teacher/child interchange. Another advantage is that the language used by children to each other is the language they would naturally use, rather than school languageââ¬â¢ (Black et al, 2003). We regularly do peer marking which I find very helpful indeed. A lot of misconceptions come to the fore, and we then discuss these as we are going over the work. I then go over the peer marking and talk to pupils individually as I go round the room. Peer evaluation works really well because children learn from each other where they have gone wrong and how to put it right. The advantage of peer assessment is that children get to work with different children and they get a wide idea on how the pupil has achieved their success criteria. Some children assume that the more able children never find anything difficult, but this process makes them aware that all learners find some aspects difficult. After having done all my research I have found that the most important aspect of assessment is to have the learning intention and success criteria in focus. In UIS, with the self ââ¬âevaluation strategies that we use it develops childrenââ¬â¢s awareness of their learning needs as well as open doors for teachers to get a better understanding of the pupil. Some teachers tend to give feedback to pupils on areas that are not of much relevance to the objective. It takes a while to get into the habit of giving appropriate and relevant feedback but the strategy is simple, make sure that the learning intention is mentioned first and then talk about the secondary features. If it is necessary to mention the secondary features, then say it in a very low tone to the pupil concerned. `As the research demonstrates, formative assessment makes a significant difference to childrenââ¬â¢s progress ââ¬âin their ability to be confident, critical learners, to achieve more than ever before and in raising their self-esteem. In a world of continuing pressure, it is good to know that we are making a real difference to childrenââ¬â¢s lives. (Clarke, 2001, p139). ââ¬â¢Pupils enjoy finding that other children often have the same thoughts, share similar feelings on a particular subject, and have similar problems or successes whilst doing self-evaluation assessment. Ofsted had done a survey on 43 schools and found that 7 of these schools were inadequate in their assessment for learning. `Where assessment for learning had had less impact, the teachers had not understood how the approaches were supposed to improve pupilsââ¬â¢ achievement. In particular, they used key aspects of assessment for learning, such as identifying and explaining objectives, questioning, reviewing pupilsââ¬â¢ progress and providing feedback without enough precision and skill. As a result, pupils did not understand enough about what they needed to do to improve and how they would achieve their targets. Teachers did not review learning effectively during lessons; opportunities for pupils to assess their own work or that of their peers were infrequent and not always effectiveââ¬â¢(Ofsted). Michael Fullan also suggests that many educational innovations have been frustrated by the inherent but understandable ââ¬Ëconservatismââ¬â¢ of teachers. He suggests that real change will only occur where teacher beliefs about teaching and learning have been significantly altered. Education is littered with examples of innovations that have either failed or only been partially implemented because teachers werenââ¬â¢t convinced the change was necessary and would result in real improvement. The result has been that they merely modify their practice at the edges and then abandon the change after a while because it ââ¬Ëdidnââ¬â¢t work for themââ¬â¢. More effective use of assessment, particularly formative assessment, will require many teachers to reconsider their approach to teaching and learning and to re-evaluate their working practicesââ¬â¢(Weeden,2002,p. 127). Therefore if schools and teachers want to make changes they have to have the subject knowledge, be committed and dedicated to continually re-examine their teaching styles. Reference Assessment Reform Group (2002) Assessment for Learning: Ten Principles [online] Available from:www. assessment-reform-group. org. uk [Accessed 19th December 2010]Ã'Ž Black, P. ,and Wiliam,D. (1998). Inside the black box: Raising standards through classroom assessment. Phi Delta Kappan Vol 80, 139-149. [Accessed: 19th December 2010] Clarke,S. (2001). Unlocking formative Assessment . London: Hodder and Stoughton Clarke,S. (2005)Formative Assessment in Action London:Hodder and Stoughton Eppig, P. (1981) Education by design ââ¬âused in the UK as Critical Skills program by Success@Bristol (Bristol Education Action Zone) Weeden,P. Winter,J. Broadfoot,P. (2002). Assessment-Whatââ¬â¢s in it for Schools. [online] London: Routledge Falmer. p. 127. Available from: http://northampton. np. eblib. com [Accessed:27th December 2010] Wragg,E. C (2001). Assessment and Learning in the Primary School [online]. London: Routledge Falmer. p. 27. Available from: http://northampton. np. eblib. com [Accessed:27th December 2010] QCA (1999) Keeping Track,Qualification and Curriculum Authority. http://nationalstrategies. standards. dcsf. gov. uk/primary/primaryframework Appendices 1. Lesson plan 2. Annotated Lesson Plan 3. Assessment sheets 4. working wall 5. Traffic lights.
Monday, January 6, 2020
Gold Corporation Example For Free - Free Essay Example
Sample details Pages: 11 Words: 3216 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Executive Summary As the gold industry leader, Barrick Gold Corporation has the largest production of gold (7.7 million ounces recorded in 2008) obtained from its portfolio of 26 mines, allowing investors incredible leverage to higher gold prices. Barrick wishes to provide sustainable economic development centered around environmental stewardship, as well as a culture of safety superior to those of competitors. An accounting policy examined in this project is the pension benefit plan employed by Barrick Gold, and how it is accounted for using industry trends, practices and the economic situation in order to determine the plan cost and the obligations requiring accruement. Donââ¬â¢t waste time! Our writers will create an original "Gold Corporation Example For Free" essay for you Create order While the assets of the plan are recorded at fair value, Barrick uses the analysis of actuaries to determine the losses and gains influenced by the plan. Another accounting policy which will be discussed is the method Barrick utilized to determine its goodwill, as well as its intangible assets. By using a combination of the market-based and cash flow (discounted) approach, Barrick is able to establish the goodwill, as well as the value of the intangible assets. While impairment is correctly recognized when the market value of the assets is higher than the fair value, both the intangible assets and goodwill are assessed every year to determine whether impairment is necessary. Barricks capitalization vs. expense policy considers three different costs; exploration costs, project expense, and environmental cost. In regards to exploration costs, they examine two different types of sites. Brownfield sites contain mineral reserves whereas Greenfield sites do not. The exploratory costs that they incur at Brownfield sites are capitalized and costs related to Greenfield are expensed. Their second expense, the project costs, is usually capitalized when mineralization of proven and probable reserves has occurred. Finally, the environmental costs are usually expensed as incurred. During the third quarter of 2008, Barrick Gold confirmed their conversion to IFRS in the future. As outlined in the annual report, Barrick has approached the conversion and considered the things that would be affected by IFRS like reporting of financial statements, internal controls and procedures, information technology and data systems, disclosure, financial reporting training curriculum, and downstream business activities. After considering the impact of IFRS, they have taken a few steps to get ready for the IFRS conversion such as completing an initial assessment of the merits of a potential conversion to IFRS. They also employed an IFRS team to deal with all the issues, and performed a technical analysis of the accounting differences between GAAP and IFRS statements. With regards to performance, Barricks liquidity ratios are decreasing due to the allocation of capital towards investing activities. In terms of solvency, debt-to-equity has been stable, allowing their liabilities to remain steady with investments being financed mainly with equity. However, some of Barricks ratios are below the average for the industry, potentially indicating poor financial performance. In addition, Barrick has seen a decrease in net income and earnings per share yet the companys dividends are increasing due to positive future expectations. Introduction Barrick Gold Corporation was founded in 1983 by Peter Munk. Its headquarters are in Toronto, Canada with regional business units located in North America, South America, Africa, and Australia. It is the largest company in the industry with 27 mines worldwide and 139 million ounces of proven and probable of gold reserves. It became the largest gold producer after acquiring Placer Dome in 2006. This report will discuss the overall gold industry, Barricks strategies in the near future, some of their accounting policies, transition to IFRS, performance, and financial analysis. Industry Business Strategy Barrick Gold is one of the three major players in the industry with accumulated 2008 sales of $7.9 billion, 16,300 employees, and a market cap of $45 billion. Other main players in the industry include Goldcorp and Newmont Mining, with market caps of $33 billion and $27 billion respectively. Additionally, there are several other mining companies such as Agnico-Eagle Mines Ltd., Yamana Gold Inc., Randgold Resources Ltd., and Harmony Gold Mining Company Ltd., with market caps ranging from $2.4 $12 billion. Most of the gold producing companies have seen increasing profits since 2001 due to rapidly rising gold prices. In 2001, one ounce of gold cost $271 compared to todays $1,100/ounce price. However, there is a possibility that these profits will not be sustained by most companies for five reasons: Rising labour cost, energy cost, raw material cost, depletion of the worlds natural gold reserves, and loss of operations due to environmental restrictions. In addition, gold is a non-r enewable resource meaning that as more gold is explored and mined out of the ground, it becomes harder to find. The increased use of technology has greatly simplified the process of exploring gold, contributing to greater quantities of mined gold. However, the extraction of millions of ounces of gold has decreased the earths natural gold deposits. This forced companies to search for gold in areas where mining is prohibited, thus raising environmental and political issues along with several outstanding lawsuits. This further increased the operational expense of gold mining. In fact, Newmont Mining Corporation (second largest gold mining company) is depleting its current reserves by 10 ounces per minute without discovering gold deposits as large as it used to. Due to increasing operating costs and companies desperate attempts to increase profits, there was marginal expenditure on environment preservation resulting in colossal damages. Tons of heavy metals such as cyanide and mercur y are deposited into the environment annually as a result of spills during the mining process. Cyanide and Mercury increase gold production rates, but both of them are incredibly poisonous to humans, animals, and the overall surroundings. Accounting Policies Pension Benefit Plan for Employees Since 2008, the value for the employee pension plan provided by Barrick Gold has seen a decrease due to the lower value of the assets. These pension assets appear to be valued at their fair value, and when pricing is not possible, market estimations are used. Furthermore, support from actuaries is used in order to determine both the losses and gains, which would be influenced due to the pension. Barrick Gold takes into consideration the economic situation, as well as industry trends and practices, when establishing suppositions for the cost of the reported pension, as well as the obligations, which will need to be accrued. These suppositions include the rate of return (long-term), compensation increases in the future (rate) and estimates of the market, all of which are consulted to uncover the pension cost. Both the assets of the pension plan and the accrued obligations would be regulated if the future presented a discrepancy in costs as compared to Barricks initial estimations. In order to establish the accrued obligation, the discount rate needs to be known, and is actually set annually by utilizing the present value to uncover the contribution needed in the present in order to be able to deliver the outlined future benefits. Competitors, such as Goldcorp, and Newmont mining, have taken similar action to accrue their respective obligations listed as benefit plan for employees. These companies also use discount rates, as well as estimations of the performance of the investment, in order to determine the cost of the pension. Goodwill and Intangible Assets Barrick Gold appears to use industry-specific methods in order to valuate its goodwill. It used both the market based and the discounted cash flow method (DCF) in order to establish the fair value. Market estimations and trading prices (equity) for both Canadian and American companies in the same industry are consulted for the market based method. While the cash flow approach utilizes Barricks best estimation of its assets expected future cash flow, as well as its discount rate. Furthermore, both goodwill and intangible assets are assessed every year to determine impairment. Barrick has stated that due to the decline of the reserves of gold in one of its mines (Plutonic gold mine in Australia), there is an increased chance that there will be a goodwill impairment. This impairment would only occur if there was a persistent decrease of the economic factors influencing the mine, however Barrick has already began to assess the carrying amount of goodwill associated with Plutonic for future impairment if necessary. Both goodwill and intangible asset impairment is recorded when it is found that the carrying sum (amount) exceeds the fair value (net realizable value) of the asset. Other competitors, such as Goldcorp Inc. and Newmont Mining, utilize the same approach since it has now been considered a standard for this industry. The future implementation of IFRS will provide new recommendations on how Barrick Gold should assess their goodwill and intangible assets. Barrick has begun preparing for new rules such as identifying when an intangible asset should be recorded as expenditures (and how they qualify). Capitalization vs. Expensing The final accounting policy discussed is the decision process defined by Barrick Gold to establish whether to capitalize or expense their assets. Expenses such as project expenditures, environment costs and exploration expenses are all examined in detail. Exploration expenditures involve recording the initial search for the mineral deposits and any other costs that were incurred at the sites. There are two different types of sites that are defined by Barrick Gold: Brownfield (containing mineral reserves) and Greenfield (no mineral reserves). Costs related to the exploration of the Greenfield site are expensed as incurred. Exploratory costs related to Brownfield sites are capitalized as incurred if there is a high probability that the mineral resource will develop into a proven and probable reserve. In terms of project expenses, costs related to projects are capitalized only when reserves are converted into mineral substance but they have to be proven and probable reserves. Befor e mineralization is classified as such, the projects are expensed, excluding the costs that are incurred in order to construct tangible asset. Capitalized costs related to tangible assets are accounted for in the account, Property Plant and Equipment. Furthermore, Barrick Gold expenses costs related to the environment during their production phase of mining. In certain cases, if the cost to acquire or install a plant during the production phase prevents future environmental contamination, it is actually capitalized. When a contingent loss occurs due to an asset, a loss accrual is recorded if it is reasonably estimable and updated when new information is received. Competitors in the same field, such as Goldcorp Inc. and Newmont Mining Corporation, state that their exploration costs are always expensed as incurred. However, they do not provide detail as to why it is expensed or whether capitalization should be a consideration. IFRS Conversion Starting from January 1, 2011, all public companies in Canada are required to report in accordance with IFRS instead of GAAP. In early 2008, Barrick Gold performed a preliminary analysis on the impact of IFRS, and later confirmed its conversion. In 2011, Barrick will prepare its financial statements using IFRS, which will improve the comparability of their financial statements with other companies that are also following the standard. These new reporting standards will affect many areas of the company, such as reported figures for financial position and performance, internal controls, procedures for financial reporting, information technology and data systems, disclosure controls and procedures, financial reporting training curriculum, and other business activities that depend on reported figures. Barrick Gold has created an IFRS team which has taken a few initiatives to address the issues pertaining to IFRS and to ensure a smooth conversion process. This team is going to be res ponsible for preparing a detailed plan for IFRS conversion and are planning on completing this plan by the end of first quarter of 2009. Another project undertaken by the team is to perform a technical analysis of the accounting differences between the GAAP and IFRS statements. This report is scheduled to be completed by the third quarter of 2009. Additionally, the IFRS team will be constantly monitoring the IFRS conversion process over the years and will update the conversion plan as well as inform the public of any new developments. Performance Financial Analysis Significant financial strength is one reason why Barrick Gold is considered an industry leader in the gold and rare metal industry. In the following section, we will scrutinize their financial statements and discuss key elements such as liquidity, solvency, and leverage to understand their performance trends. (See Appendix A for Financial Statements Appendix B for Financial Ratios) Liquidity The liquidity of the company has marginally deteriorated over the years. The current ratio (2.23, 3.32 and 2.59 in 2008, 2007, and 2006 respectively) and quick ratio (1.49, 2.42 and 2.07 in 2008, 2007 and 2006 respectively) are both decreasing indicating that the company is losing its ability to meet its short term obligations. This is the result of decreasing current assets (loss of cash and highly liquid cash equivalents) and increasing current liabilities (mainly notes payable and accounts payable). Although this may seem worrying, Barrick seems to be allocating lots of capital (generated through day-to-day operations as reflected in increasing cash from operations (CFO)) towards its investing expenditures. Examples of heavy investing includes the initiation and construction of three new mines (Buzwagi, Cortez Hills, Pueblo Viejo) with potential gold reserves of 3 million ounces a year. Aside from that, CFO is influenced by market prices for commodities such as copper and silver (by-products of gold mining). If their prices decrease, CFO will reduce which Barrick hopes to offset by increasing gold production. Solvency Leverage With regards to their solvency and the ability to meet long term obligations, Barrick has been relatively stable as indicated through their debt-to-equity ratios (0.51 in 2006, 0.44 in 2007, and 0.58 in 2008). This is a good sign because, at a time when both short and long term investments are increasing, Barrick has managed to retain their liabilities to reasonable levels. This is also a further reinforcement of their strategy of pumping as much cash (mainly from income and equity) for their investments. Interest coverage is another interesting point to consider. According to the financial statements, the interest coverage ratio has increased drastically in 2009 (15.71, 13.92, and 66.48 in 2006, 2007, and 2008 respectively). This hike would be reflective of their improved ability to pay interest (the cost of borrowing), but the actual interest incurred has remained quite stable over the years (Annual Report, p.52). The main difference is that Barrick has increased the proportion o f interest costs that it capitalizes within their property, plant, and equipment (PPE). Barrick also uses its gold inventory and mines as a form of leverage. Due to the current financial turmoil, gold prices are at record highs as investors demand more gold (a safe haven) to hedge against capital losses. The increasing cash flows and inventory values presented Barrick with an exceptional chance to attract investors as well as issue debt to support the creation of mines to increase their gold production. Barrick thus promised high returns to their investors through expectations of rising gold prices to mitigate any potential risks. Performance Evaluation We can look for several different financial ratios to evaluate their overall performance. Barricks earnings per share (EPS) have been decreasing over the last three years (1.79, 1.29, and 0.90 in 2006, 2007, and 2008 respectively). This is the result of a sharp decrease in net income due to the financial crisis, coupled with the issuance of more shares in 2009. That being said, Barricks basic and diluted EPS are fairly similar ensuring a very low risk of dilution because there are not a lot of dilutive hybrid securities that could be exercised. Another effect of decreased net income is the decline in the profit margins. However, Barricks gross margin has been quite consistent at the 0.5 mark. This tells us that although revenue is steadily increasing, the direct unit costs for generating that revenue have been increasing proportionally to a level where cost of sales (value of mined gold) is half the revenue. The reason for seeing diminishing profit margin with a consistent gross ma rgin is the increase in write-downs and impairment of assets and investments, along with higher development expenses and amortization. Efficiency is another measure of performance evaluation. Barricks efficiency in using its equity to generate income has been declining since it has generated about $0.17 of income for every dollar of equity in 2006 versus on $0.05 in 2008. Their assets capability for generating revenue has also decreased from 0.11 in 2006 to 0.03 in 2008. The reason for such low returns on equity and asset is the inherent nature of the mining industry which requires the expenditure of large amounts of capital to finance expansion (which it is doing now for the three new mines). This is essentially decreasing returns in the present with the expectation of seeing increases in the future. As far as dividends are concerned, Barrick is considered a safe bet because of the increasing demand for gold, along with potential rise of its future gold reserves. The positive trend is emphasized through the increases in the dividend pay-out ratio; 0.13, 0.23, and 0.44 in 2006, 2007, and 2008 indicating higher proportions of net income paid to shareholders. Despite the economic downturn and decreasing net income, Barrick still managed to increase the dividends per share every year (11à ¢ in 2006, 15à ¢ in 2007, 20à ¢ in 2008, and 40à ¢ in 2009) due to its immensely positive future outlook. This also portrays the companys confidence in their cash flow, because although cash balance is decreasing today, the main reason is the outflow towards capital investments. Industry Comparison In comparison to the industry, Barrick has the only A rated balance sheet illustrating very low risk, along with stability as a result of having the largest market capital, gold reserves and production. All companies in this industry have seen decreasing levels of cash due to large increases in capital expenditure. In addition, the current ratio has decreased over the past few years for all three companies indicating a trend of poorer liquidity in the industry. However, companies seem to be different with regards to their solvency and leverage. For example, Goldcorp has seen decreasing levels of debt to equity while Newmonts have almost doubled since 2005. Despite variable trends, most gold companies are consistently providing stable dividends as they still continue to see net income on their statements rather than net losses, despite the deep financial crisis. Goldcorp, especially, have seen their income increase by as much as $1 billion in 2009. Conclusion Overall, Barrick Gold is a relatively stable and reliable company. Their business strategies and global focus contributed to their expansion over the years. Just like many of its competitors, Barricks debt has grown over the past few years but it is still considered a safe company for investors with reasonable risk. Furthermore, IFRS conversion will significantly impact the company as the entire reporting process of financial statements along with internal control procedures and information system will all change. This analysis has revealed that Barrick Gold seems to have a successful combination of policies and strategies, therefore making them far more superior than its competitors. Bibliography Sedar (2009) Barrick Gold Corporation Database. November 19, 2009. https://www.sedar.com/DisplayCompanyDocuments.do?lang=ENissuerNo=00000923 Business Week (October 13, 2009) Marcial: The gleam in Barrick Gold. November 21, 2009. https://www.businessweek.com/investor/content/oct2009/pi20091013_849577.htm Barrick Gold Corporation (2009) Annual and Quarterly Reports. November 19, 2009. https://www.barrick.com/Investors/AnnualQuarterlyReports/default.aspx Canadian Business (October 29, 2009) Barrick Gold posts US $5.4 Billion net loss on windup of gold hedging program. November 19, 2009. https://www.canadianbusiness.com/markets/market_news/article.jsp?content=b291772219 Google Finance (2009) Barrick Gold Corp. November 19, 2009. https://www.google.ca/finance?q=abx Corporate Information (2009) Barrick Gold Corporation Company Snapshot. November 20, 2009. https://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C124BA230 Wiki Invest (2009) Barrick Gold Corp. November 21, 2009. https://www.wikinvest.com/special/Companies
Sunday, December 29, 2019
A Short Note On The Security Attacks And Cyber Sensor...
TEODOR-GRIGORE LUPU presented the different types of attacks in wireless sensor networks. Attacks on the different layers are categorized. The security attacks and the threats can be categorized based on the mechanisms used in those attacks [4]. Traffic analysis is the process of analyzing the messages in order to identify the data from patterns in the connection. Data from an authentic person who is entering into a network can be fabricated by an attacker and it can be replayed the next day. Compromised nodes within a network can cause the internal attack and it is hard to identify those compromised nodes in the network. Thinking like an attacker is a better choice for creating the intrusion detection system. Ju young Kim et al presented a study of the different threats, attacks and vulnerabilities for Wireless Sensor Networks (WSNs). In node capture attack, an attacker gains complete gain over a node by physically accessing the node. Then the attacker can remove the cryptographic functions and get the access to the data stored on that captured node. The countermeasures for reducing the risk of eavesdropping on wireless transmissions are the use of encryption to preserve confidentiality and it should be more difficult to locate and intercept the wireless signals [5]. Hardware attestation, software authentication and validation are the countermeasures against the software attacks. The different classes of these threats are defined to identify a possible countermeasureShow MoreRelatedThe Importance of Corporate Network Security Essay2849 Words à |à 12 Pagesthreats that can proof costly if not handled professionally. Good news is that there are measures that can be adopted to form a robu st computer network system that will ensure minimal or no intrusion by any assailants. This paper seeks to explore a number of factors indicative of weak computer networking system, and various measures to plan and enable stern security. In addition, the paper will discuss measures that can be handy when dealing with networking crisis that has befallen a particular organizationRead MoreAn Organization s Security Policy3152 Words à |à 13 Pagesorganizationââ¬â¢s security policy will combat the threats on sensitive information imposed by malicious insiders and accidental insiders. Training end users to identify attacks against them will reduce the attack surface of the organization. Training managers to be more aware of possible attacks against them will prevent the possible release of the highly sensitive information that their eyes are privy to. The education of IT personnel is crucial in securing the organization from current and future attacks, inRead MoreThe University Of A rizon Electrical And Computer Engineering7879 Words à |à 32 Pageslist of attacks: Rogue Wi-Fi, Homograph, Tabnabing, Evil Twins, Smurf, Ping Flood, SYN Flood, Teardrop, Peer-to-Peer Attack, Banana Attack, NUKE Attack, R-U-Dead-Yet attack, Slammer Worm, MyDoom, DRDOS Attack, Advanced Persistent DoS (APDoS), Stuxnet, Crypto Locker, SQL Injection, Persistent XSS attacks, DOM-based XSS. a. Describe briefly the attack and how it works. b. Apply the two attack classification techniques discussed in the class for each attack in the list. I.1 Rogue WIFI attack AirtightRead MoreScope And Implementation Of A Vm Program6629 Words à |à 27 Pagesformal group that incorporates representatives from information security and operations. These representatives should include individuals with knowledge of vulnerability and patch management, as well as system administration, intrusion detection, and firewall management. In addition, it is helpful to have specialists in the operating systems and applications most used within the organization. Personnel who already provide system or network administration functions, perform vulnerability scanning, orRead MoreCyber Security And Internet Security Essay7416 Words à |à 30 PagesThe term paper begins with a brief Introduction of CYBER SECURITY, This term paper is designed to give you information about vulnerabilities in CYBER SECURITY , Frameworks that get affected By CYBER SECURITY Measures to protect DATA SYSTEM in cyber security In the end it tells us about Various International Indian cyber security LAWS INTRODUCTION PC security, otherwise called cybersecurity or IT security, will be security connected to figuring gadgets, for example, PCs andRead MoreElectric Power Transmission7736 Words à |à 31 Pageshigh-voltage substations and customers, which is typically referred to as electric power distribution. Transmission lines, when interconnected with each other, become high-voltage transmission networks. In the US, these are typically referred to as power grids or just the grid, while in the UK the network is known as the national grid. North America has three major grids: The Western Interconnection; The Eastern Interconnection and the Electric Reliability Council of Texas (or ERCOT) grid. HistoricallyRead MoreComputer Shop Case Study11796 Words à |à 48 Pagesand activities. We therefore came up with regards to this and wish to answered the following questions: 1. What is the main reason why they put a cafà © as a business? 2. Do all people in the community were using computer ? 3. How they assured the security of their costumers? 4. How about the noise? 5. What if the costumer complaint about malfunction of the computer he/she is using? PROBLEM OF THE STUDY Everyday, problems are there. It testing our capability to handle and overcomeRead MoreImpacts of Information Technology on Individuals, Organizations and Societies21097 Words à |à 85 PagesPart VI Implementing and Managing IT 13. 14. 15. 16. 17. Chapter 17 IT Strategy and Planning Information Technology Economics Acquiring IT Applications and Infrastructure Security Impacts of IT on Individuals, Organizations, and Society Impacts of IT on Individuals, Organizations, and Society Movie Piracy Learning Objectives 17.1 Perspectives on IT Impacts 17.2 IT Is Eliminating the Barriers of Time, After studying this chapter, you will be able to: Space, and Distance Understand the changesRead MoreProject Mgmt296381 Words à |à 1186 Pagesreserved. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the United States. This book is printed on acid-free paper. 1 2Read MoreIct and Ebusiness Retail Industry88499 Words à |à 354 Pages. 28 3 3.1 3.2 3.3 3.3.1 3.3.2 Deployment of ICT and e-business applications in the retail sector ......... 30 The state-of-play in 2003/04 ââ¬â review of an earlier retail sector study................................. 31 ICT infrastructure, networks, expenditure and skills............................................................ 33 The upstream supply chain: e-procurement ....................................................................... 41 Introduction to upstream supply chain issues
Saturday, December 21, 2019
The Scarlet Letter, By Nathaniel Hawthorne - 1501 Words
Symbols are one of the many literary devices authors use to convey deeper meanings and context to the story. Similarly, an artist will use symbols in his or her art to portray a story that can be interpreted in different ways. Often times, books will have cover art done by an artist whom has read the book to bring the bookââ¬â¢s meanings and themes into one picture. Nathaniel Hawthorneââ¬â¢s book, The Scarlet Letter, has acquired many different renditions of the cover over the years from different artists. In his story, a young Puritan, Hester Prynne, is sentenced to a punishment of the scarlet letter after she has committed adultery with an unnamed man. Hawthorneââ¬â¢s narrative is filled with in depth characters, symbolism, and themes of revenge, sin, forgiveness and secrecy. By using important symbols, characters, themes from the book, the artists of each cover art for The Scarlet Letter clearly represents Nathaniel Hawthorneââ¬â¢s novel. Firstly, he first cover uses many different symbols and characters to convey the ideas and themes of the The Scarlet Letter. To start, on the front cover, the artist has drawn Hester and her child Pearl. The first notable thing is the largely drawn scarlet letter. In the book, upon looking in a mirror, Hester notices that ââ¬Å"the scarlet letter was represented in exaggerated and gigantic proportions, so as to be greatly the most prominent feature of her appearanceâ⬠(Hawthorne 97). Much like here, Hawthorne makes several other references of how the scarletShow MoreRelatedThe Scarlet Letter By Nathaniel Hawthorne1242 Words à |à 5 PagesLYS PAUL Modern Literature Ms. Gordon The Scarlet Letter The scarlet letter is book written by Nathaniel Hawthorne who is known as one the most studied writers because of his use of allegory and symbolism. He was born on July 4, 1804 in the family of Nathaniel, his father, and Elizabeth Clark Hathorne his mother. Nathaniel added ââ¬Å"Wâ⬠to his name to distance himself from the side of the family. His father Nathaniel, was a sea captain, and died in 1808 with a yellow fever while at sea. That was aRead MoreThe Scarlet Letter By Nathaniel Hawthorne960 Words à |à 4 Pages3H 13 August 2014 The novel, The Scarlet Letter, was written by the author Nathaniel Hawthorne and was published in 1850 (1). It is a story about the Puritan settlers of the Massachusetts Bay Colony, set around 1650 (2). The story is written in the third person with the narrator being the author. The common thread that runs through this novel is Hawthorneââ¬â¢s apparent understanding of the beliefs and culture of the Puritans in America at that time. But Hawthorne is writing about events in a societyRead MoreThe Scarlet Letter, By Nathaniel Hawthorne919 Words à |à 4 Pagessymbolism in Nathaniel Hawthorneââ¬â¢s ââ¬Å"The Scarlet Letterâ⬠. Symbolism is when an object is used in place of a different object. Nathaniel Hawthorne is one of the most symbolic writers in all of American history. In ââ¬Å"The Scarlet Letterâ⬠, the letter ââ¬Å"Aâ⬠is used to symbolize a variety of different concepts. The three major symbolistic ideas that the letter ââ¬Å"Aâ⬠represents in Nathaniel Hawthorneââ¬â¢s ââ¬Å"The Scarlet Letterâ⬠are; shame, guilt, and ability. In Nathaniel Hawthorneââ¬â¢s ââ¬Å"The Scarlet Letterâ⬠, the firstRead MoreThe Scarlet Letter By Nathaniel Hawthorne1397 Words à |à 6 PagesFebruary 2016 The Scarlet Letter was written by Nathaniel Hawthorne in 1850 which is based on the time frame of the Puritans, a religious group who arrived in Massachusetts in the 1630ââ¬â¢s. The Puritans were in a religious period that was known for the strict social norms in which lead to the intolerance of different lifestyles. Nathaniel Hawthorne uses the puritanââ¬â¢s strict lifestyles to relate to the universal issues among us. The time frame of the puritans resulted in Hawthorne eventually thinkingRead MoreThe Scarlet Letter By Nathaniel Hawthorne999 Words à |à 4 Pages Nathaniel Hawthorne is the author of the prodigious book entitled The Scarlet Letter. In The Scarlet Letter, Hester Prynne commits adultery with Reverend Arthur Dimmesdale. Her husband, Roger Chillingworth, soon finds out about the incident after it becomes clear that she is pregnant. The whole town finds out and Hester is tried and punished. Meanwhile, Roger Chillingworth goes out then on a mission to get revenge by becoming a doctor and misprescribing Dimmesdale. He does this to torture DimmesdaleRead MoreThe Scarlet Letter, by Nathaniel Hawthorne1037 Words à |à 5 Pagesthat human nature knows right from wrong, but is naturally evil and that no man is entirely ââ¬Å"goodâ⬠. Nathaniel Hawthorne, author of the classic novel The Scarlet Letter, believes that every man is innately good and Hawthorne shows that everyone has a natural good side by Hesterââ¬â¢s complex character, Chillingworthââ¬â¢s actions and Dimmesdaleââ¬â¢s selfless personality. At the beginning of the Scarlet Letter Hester Prynne is labeled as the ââ¬Å"bad guyâ⬠. The townspeople demand the other adultererââ¬â¢s name, butRead MoreThe Scarlet Letter By Nathaniel Hawthorne1517 Words à |à 7 PagesNathaniel Hawthorne composes Pearl as a powerful character even though she is not the main one. Her actions not only represent what she is as a person, but what other characters are and what their actions are. Hawthorne makes Pearl the character that helps readers understand what the other characters are. She fits perfectly into every scene she is mentioned in because of the way her identity and personality is. Pearl grows throughout the book, which in the end, help the readers better understandRead MoreThe Scarlet Letter, By Nathaniel Hawthorne1488 Words à |à 6 Pages In Nathaniel Hawthorneââ¬â¢s novel The Scarlet Letter, the main character, Hester Prynne, is a true contemporary of the modern era, being cast into 17th century Puritan Boston, Massachusetts. The Scarlet Letter is a revolutionary novel by Nathaniel Hawthorne examining the ugliness, complexity, and strength of the human spirit and character that shares new ideas about independence and the struggles women faced in 17th century America. Throughout the novel, Hesterââ¬â¢s refusal to remove the scarlet letterRead MoreThe Scarlet Letter By Nathaniel Hawthorne1319 Words à |à 6 PagesPrynne and Arthur Dimmesdale are subject to this very notion in Nathaniel Hawthorne s The Scarlet Letter. Hester simply accepted that what she had done was wrong, whereas Dimmesdale, being a man of high regard, did not want to accept the reality of what he did. Similar to Hester and Dimmesdale, Roger Chillingworth allows his emotions to influence his life; however, his influence came as the result of hi s anger. Throughout the book, Hawthorne documents how Dimmesdale and Hester s different ways of dealingRead MoreThe Scarlet Letter By Nathaniel Hawthorne1714 Words à |à 7 PagesSome two hundred years following the course of events in the infamous and rigid Puritan Massachusetts Colony in the 1600s, Nathaniel Hawthorne, descendant of a Puritan magistrate, in the 19th century, published The Scarlet Letter. Wherein such work, Hawthorne offered a social critique against 17th Massachusetts through the use of complex and dynamic characters and literary Romanticism to shed light on said societyââ¬â¢s inherent contradiction to natural order and natural law. In his conclusive statements
Friday, December 13, 2019
Explorations of Astrology Free Essays
One of astrologyââ¬â¢s first graces on human minds was with the Babylonians and Ancient Egyptians, and then spread throughout the Arab world. Since, there has been explorations of astrology through manuscripts and celestial objects made by Arab craftsmen. Many islamic ornamental motifs and architecture references astrological findings. We will write a custom essay sample on Explorations of Astrology or any similar topic only for you Order Now The Islamic calendar says that the day begins at sunset and the five prayers start from that time. Adjusting times for prayer grew out of observing the heavens, a practice known since the ancient Egyptians and Babylonians. The Arabs, for centuries, studied the sky and examined the groups of stars and phases of the moon on their long desert travels. This education of space was adapted and developed to conform to the practice of Islam. During the medieval period of the Islamic world, the science of astrology as a branch from astronomy was translated by the Greeks into Arabic, along with Sasanian, Indian and ancient Egyptian influences, allowing more scientific and mathematical development by mathematicians and scientists of the Arab world. The subject came to be a very popular one, as it was taken interest in by scholars such as Abu Maââ¬â¢shar al-Balkhi, al-Biruni, and Nasir al-Din al-Tusi. There is evidence of this topic being widespread throughout the Islamic world, such as manuscripts and astrological records found in al-Fustat in Egypt. Since there has proven to be much scientific evidence and involvement in the study of the stars and planets, how did this outbreak of information in the Islamic world affect Islamic Art? And why was it so significant?There is much architecture, objects and textiles from the Islamic World that express the significance of this topic, such as Qusayr ââ¬ËAmra (figure 1) in Jordan, built by Umayyad caliph Walid II in the early 8th century, which features a frescoed caldarium ceiling depicting the twelve Zodiac constellations. The exterior of the construction is very minimal; the only ornamentation being small domes and triple arches. Otherwise, the ornamentation becomes servant to the architecture. The techniques that were contributed into constructing Qusayr ââ¬ËAmra references the Roman and Byzantine techniques: predominately limestone and terracotta brick, along with other types of stones. The frescoed ceilings in the caldarium, or the hot plunge bath, is said to be the earliest depiction of the stars painted on a domed surface. It features 35 recognizable constellations along with, as mentioned previously, twelve zodiacs. There has been reported to be one mistake: the order of the stars in the counterclockwise direction, which tells that it is possible that the fresco was copied from a flat surface. This fresco, however, is not the only one in Qusayr ââ¬ËAmra: there were many brilliant murals in several of the other chambers that suggest that the caliphs of this ââ¬Å"pleasure palaceâ⬠lived a luxurious lifestyle. This luxury tells of an involvement in The use of imagery in relation to astrology began in the twelfth century, and eventually taken in for its visual decorative quality, by the Ghaznavids and the Seljuqs among others, and they adopted it with their own meanings and influences. The gilded and over glazed bowl (figure 2) depicts figures very close to those of the Kashan. There is Kufic inscriptions around the rim of the bowl, and the focal point is the sun-shaped face in the center, with a classical depiction of the six planets surrounding it. There are images of figures sitting on thrones, riding on horseback, and playing instruments composed in a radial composition, following the form of the object. The only two seated figures on thrones sit across from each other on the band, with the other figures surrounding it. This motif combines two different motifs that are common in Islamic art together: the image of figures performing activities or in a scene depicted centrally to the object, as can be seen in the Stain- and overglaze-painted bowl (Ettinghausen, Grabar, Jenkins-Madina, 175), for example, and images of a single figure repeated to create a visual pattern, as demonstrated in the outer rim of Glazed and lustre-painted composite-bodied bowl (Ettinghausen, Grabar, Jenkins-Madina, 174). This royal bowl is very similar to the Stain- and overglaze-painted beaker (Ettinghausen, Grabar, Jenkins-Madina, 176) in the way that it has different tiers showing different figures in action repeated across the band of the beaker. The copper-alloy mirror (figure 3) is another royal artifact that utilizes the zodiacs as symbols of power made for Artuqid ruler Artuq Shah. The heavy-relief bird in the center of the mirror How to cite Explorations of Astrology, Papers
Subscribe to:
Posts (Atom)