A Need to Create free essay sample

I was horrified when my teacher placed a bust on the table. It had elaborate hair on its head and intricate wrinkles on its aged face. I picked up the pencil reluctantly. I had not sketched in a long time, and my last attempt had been a simple vase. At first, this task seemed impossible, but after wracking my brain to remember the concepts of sketching – the border between light and darkness, the highlights, the direction of light, etc. – I finally concocted a plan. I reviewed what I had learned and rediscovered how to exaggerate space between objects and parts of an object. As it forced me to sketch with a more perceptive eye, this assignment not only drastically improved me as an artist but also reminded me of how I discovered my love for art. When I was a little girl, I spent most of my time in a small room in the back of my mother’s alterations shop. We will write a custom essay sample on A Need to Create or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Enclosed by four dull walls decorated with nothing but a print of â€Å"Young Mother Sewing† by Mary Cassatt (which remains one of my favorite paintings), I entertained myself by climbing on racks of clothing and imagining myself as an adventurer. When I grew tired of these antics, I would sit under Cassatt’s painting and draw and color for hours. When I ran out of crayons, I would snag my mother’s lipstick or her fabric marking chalk. When I ran out of paper, I would run to the nearby supermarket and collect a stack of the coloring books it offered for free. I’ve filled in the pages of at least 50 copies of those books. Sometimes I would dig through my mother’s box of fabric scraps (which I viewed as a treasure chest) and make clothes for my dolls. I would choose from myriad fabrics of different materials and colors. Then I would match different threads with ribbons which I proudly arranged in color spectrum order. I drew up designs for doll clothes and learned to sew in the process. When I turned seven, my mom let me take free art lessons at my church. After a few months, the instructor suggested that I take private lessons to advance my skills. My mother brought me to an art studio where I met my first real art teacher. Walking down the hall of paintings, I looked at his works with awe and immense admiration. From that day, the art studio became my second home. My instructor taught me how to sketch still life objects and use colored pencils for cartooning. After I’d developed fundamental skills, he taught me to use watercolor paints. My love for art grew stronger every day, but when I turned 11, after adding the last few touches to my first oil painting, I ended my carefree days at the art studio. My parents could no longer afford the classes, and I was forced to turn my attention to my studies. Nevertheless, I borrowed every book relating to art in the school library and drew as much as I could. I painted pictures of the farm where we lived and created works inspired by my cultural background as an Asian and American. My love for art was never quite extinguished, even though I had less time for my work when I entered middle school. In high school, I joined clubs and tried many activities, but nothing could satisfy my thirst for something I truly loved. I remember when an interviewer, to my horror, asked me to tell her about myself. Although this was a simple question, I did not know how to answer. I could have told her about my hobbies, what I wanted to do, what subjects I liked in school, but the plain, simple truth was that I did not know the answers to these questions. What did I like to do? What were my dreams? What did I love? Then, one day, when I was looking for old shoeboxes in the attic, I stumbled upon Cassatt’s â€Å"Young Mother Sewing.† Next to it was a framed image of a richly colored crayon rooster. In the corner of the work was a Sharpie kiss of its creator in sloppy, childish writing – my name. Distracted from my original search, I dug through the old boxes from my childhood. As I looked through the designs, drawings, brushes, and palettes, a wave of nostalgia washed over me. At that moment, I exhumed my past love for art. At that moment, I realized what I wanted. At that moment, I knew exactly how to answer that formidable interview question. I called my former art teacher, and by the end of the week, I had picked up the paintbrush again and started a new chapter of my life. Ever since, I have spent hours every weekend in the art studio doing what I love. Art is far more than a hobby for me. It is a passionate need to create and illustrate, and it satisfies me like nothing else.

Corporate Governance and Country Governance

Corporate Governance and Country Governance The four common elements of corporate governance and country governance are â€Å"fairness, accountability, transparency and responsibility† (Boyd and Stephen 5; Fernando 45). Fairness refers to equitable treatment and protection against misappropriation of assets.Advertising We will write a custom research paper sample on Corporate Governance and Country Governance specifically for you for only $16.05 $11/page Learn More Accountability refers to effective monitoring of the board and accountability of the board to the company and shareholders. Transparency refers to the timely and accurate disclosure on finances, performance and ownership. Lastly, responsibility refers to ethical behaviors and complying with national laws. Specific elements of corporate governance include â€Å"equity holders, markets (capital markets and product market), debt providers (public debt and private debt), employees, business practices, legal system and public opinionâ₠¬  (Boyd and Stephen 5). On the other hand, specific elements of country governance include â€Å"political stability, voice and accountability, government effectiveness, absence of violence, control of corruption, regulatory quality and rule of law† (DjiteÃŒ  205). Indicators of Country governance include â€Å"Democracy Index (DI), Corruption Perception Index (CPI), Global corruption Barometer (GCB) and Bribe Payer’s Index (BPI)† (HaÃŒ k et al. 377). The use of DI is based on the assumption that public participation in the political practices may control government corruption. On the other hand, the CPI is a survey of surveys, mirroring the views of investors, scholars and risk analysts, both citizens and foreigners. First established in 1995, the CPI builds on seventeen studies from thirteen sovereign bodies. The CPI is a result of systematic survey of polls offered to Transparency International between 2001 and 2003 (HaÃŒ k et al. 377). While the CPI aim s at evaluating heights of corruption among countries, the Global corruption Barometer (GCB) focuses on positions of the public concerning these heights of corruption (HaÃŒ k et al. 377). The GCB interviews respondents on the effects of corruption on their private and family life.Advertising Looking for research paper on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More Respondents from developing countries may be able to live with high heights of corruption, while respondents in developed countries cannot tolerate even low levels of corruption. The BPI complements the GCB and CPI, since it deals with the tendency of corporations from top exporting nations to bribe in developing markets (HaÃŒ k et al. 377). Similarly, indicators of corporate governance include ownership concentration, equity share and value of shares traded. Ownership concentration as an indicator allows comparison of states in relation to the ownership arrangement of their corporate sectors. High levels of ownership concentration denote that block holders control corporations. Conversely, low levels of ownership denote that block holders are minor economic factors. Equity share implies that there is more inclination towards external minority shareholders. Conversely, a high proportion of equity in GDP denotes that corporations have been successful in orienting their governance to the needs of outsider capital and minority stakeholders. The value of shares traded is defined as â€Å"the total value of shares traded on national stock divided by GDP† (DjiteÃŒ  77). Normally, this data progression acts as an indicator of the activity of equity markets. It shows the level at which the tenure of listed companies shifts between different equity market players, but not the general value of ownership stakes. The Sarbanes-Oxley Act is not the only law that deals with corporate governance since we also have company laws, securities r egulation, accounting and auditing standards, insolvency law, labor law and tax law. All these laws protect investors from corporate inefficiencies, malfeasances and misleading financial information. Good governance is essential both at corporate level, and at national level. Countries should come up with more policies and exercise reforms that support good governance at all levels. Policy objectives should focus on reducing the reliance of corporations on bank financing. Banks should refrain from loaning projects, which are appropriate just for venture capital, with reference to risk-return profile.Advertising We will write a custom research paper sample on Corporate Governance and Country Governance specifically for you for only $16.05 $11/page Learn More Equally, open restrictions should be applied on bank borrowing by corporations. Such a condensed association between lenders and borrowers forms a central objective of prudential banking laws. Nonetheles s, reinforcement is required, if the general reliance of corporate borrowers and bank lenders is to reduce. Apparently, such a condensed association is only feasible if substitute-financing sources (a more buoyant capital market) are accessible. Debt-equity-ratio should be fixed at a definite multiple, for example at two. Limit must as well be applied on bank debt as a multiple of equity, or as a proportion of total debt. What requires close supervision is not the association between a corporation and all banks, but the relation with entity banks. The share of an individual borrower in overall bank loaning may also be limited. Surpassing this limit should be restricted on public listing. Large-scale bank borrowing should be left to borrowers who conform to the standards and regulations of good corporate governance. On their part, banks should liberate themselves from the control by majority shareholders holders. Commercial banks should all ensure that they are public listed in the s tock market. Banks that may face limitation due to size should combine with larger banks. A limit should be fixed on the number of shares that an individual entity can hold (for example, twelve percent). Boyd, Gavin, and Stephen Cohen. Corporate Governance and Globalization: Long Range Planning Issues, Washington, DC: Elgar, 2000. Print. DjiteÃŒ , Paulin. The Language Difference: Language and Development in the Greater Mekong Sub-Region, Bristol, U.K: Multilingual Matters, 2011. Print. Fernando, Arthur. Corporate Governance: Principles, Policies and Practices, New Delhi: Pearson Education, 2009. Print.Advertising Looking for research paper on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More HaÃŒ k, TomasÃŒÅ', BedrÃŒÅ'ich Moldan and Arthur Dahl. Sustainability Indicators: A Scientific Assessment, Washington, DC: Island Press, 2007. Print.

Administering the School Budget Essay Example | Topics and Well Written Essays - 750 words

Administering the School Budget - Essay Example This objective is extremely essential as it negates possible fund embezzlement. Without proper financial management, the school administrative would enormous losses. (Brimley et al, 2008).In an education set up, there are three most influential financial functions. These include auditing, budgeting, and accounting functions. Although, the functions are separate, discrete, and distinct operations, nonetheless they have close relationships. They are the required financial activities that provide a reliable fiscal data, information, accountability, and guidance to government funds allocated to public school programs. Budgeting is the system through which the funds allocated expenditure is particularly determined and approved. Accounting takes care of money organization by use ledger that standardizes the spending. Financial accounting, for the state and local school system applies the coding system, to enable financial auditors analyzes the school spending, and makes sure that the legal procedures and appropriate use of public funds.Budgeting is a vital tool for the school districts. It ensures the successful operation of the local and state public schools. Nonetheless, effective budgeting paves way for significant mission planning opportunities, achieving the educational goals and objectives, and improving administrative operations. As such, financial loss is considerably evaded. This allows the state to gain confidence of the running of public schools. As a result, government disburses more financial aid to these schools for effective learning (Brimley et al, 2008). Additionally, it creates a positive image of local schools to the public thereby enhancing beneficial relationships. Therefore, attracts potential stakeholders to donate for the local school funding programs. More technically, a budget is a statement presentation of the total amount of school spending, and the necessary resources required to run the program and an approximation of the revenues that c overs the expenditure. The education system has experimented many organizational budgets that aim at eradicating financial losses. This ensures that the students are well catered for, and child misses the essential education. No leaving trails can be experienced in the future with proper financial budgeting. Leaving trail is deviating from the path of practice (Brimley et al, 2008). The incidences of fund misuse are substantially minimized when a thorough budgeting program is set for the public schools. It provides clear, authentic education system responsibilities that help achieve high standards of education. The local schools often take the basic objective budgeting systems alongside the program budgeting systems that zero in to the required school objectives. These programs narrow down the possibility reports of child education fund misuse at the local level. The activities are particularly done with the aim of linking the budget system to school goals and objectives but simulta neously devolving a budgeting system at the local education level (Brimley et al, 2008). Budgeting at the school level helps track costs and school spending to ensure accountability and responsible spending. Budgeting performs crucial functions for most of the district schools. The budgeting system at the school level organizes public spending along the basic functions and proper management of the system. This includes student care and support, student’s transportation to school, administration functions but not limited to school operation, staff and nonstaff support (Brimley et al, 2