Commentary on My Writing :: Papers

Commentary on My Writing The text I have written is a letter to a writer in the tabloid newspaper "The Sun". This text is written in a style aimed at an older reader who is qiute educated with the age varying from 30-50 years of age, or a perosn who has similar opioions on some tabloid newspaper articles as the person I have presented myself as. Unlike my first piece, my second piece entitled "extracts from moments in time" is not opinionated, although the sublect is the same, both pieces are presented very differently with the content, audience and purpose in mind. I chose the topic of how the media intrudes on the lives of celebrities, and both texts explore this subject. The second text is in an autobiography style, which explores the feelings of a celebrity on a personal level. This piece is aimed at people from the age of 18-30, because it involves some issues that I feel some people of that age might be able to relate to. To begin with I will look at my first piece. My first piece is highly influenced by one of my inspirational pieces and in it I have included as one of the main topics of arguement quotes form that piece. The formality of this piece is very formal, this is shown by the layout of the letter and the inclusion of of a return address in the top right hand corner. I have used standard english in this peice, which is also another reason for why it is aimed at qiute an educated reader. I have also included some complex syntax which a younger or less educated redaree might find difficult to understand: " I believe that you Sir do not respect many people, or maybe you're acknowledgement of the pain you cause runs so thin that you do not have any idea why I am writing to you, and in such a tone as the one I carry." The use of the complex sentence used above also emphasis's the writers feelings and what is being said.

Contempary Management Skills

Contract Non-legal Implications of a breach of contract would Include: potential loss of creditably In the marketplace and loss of new/return business for the party who breached the contract. Egg, a company selling goods and services, a damaged reputation could result in the loss of new and existing customer contracts. Egg. A breach of a loan contract, the potential loss of credit rating affecting future credit potential and business opportunities. Flow on effects of consequent outcomes for the party against whom the breach has occurred (Ultimate 2013).Egg. A contract breach by a car components company against a car manufacturing company would mean the car manufacturing company's inability to meet their customer contracts, potentially leading to a competitive loss In the marketplace and financial ruin if severe enough. A personal example, Is when I pre- booked a hotel for a holiday expecting my car to be serviced on time. However the breech of agreement of the car servicing company b y falling to have my car ready on time (2 days late) meant I started my holiday late and lost 2 hotel nights.Flow on consequences also result in loss of competitive position or opportunity for the party against whom the breach has occurred. Egg. If the contract breech meant a company or individual was not paid the monies due to them, there would be lost opportunity to pursue other avenues for investment with those funds. Emotional distress for both the parties. This could be particularly pertinent in instances Involving individuals and should not be under-estimated if it involves a significant life Impact such as loss of financial position. Self help remedies available: For the party who has breached the contact include:Pursing consultation and negotiation with the contracted party to discuss alternative arrangements and resolution to avoid litigation. For the party against whom the breach has occurred understand the full term and conditions of the contract to determine whether a ca se for breech of contact is allowed without legal ramification conduct a cost-benefit analysis of loss of the contract breech vs. the potential legal and non-legal costs before Annihilating any litigation. Document a schedule of projected cots/damages and the potential loss as a result of contract breech should a case for compensation be urged.Expectation / reliance loss – document and outline the position that would have been attained should the contract have been performed that the plaintiff would outcome but minimize damages and legal costs (Ultimate 2013). Explore preventive strategies to minimize damage in the event of a contract breech. Egg. A landlord taking out tenant protection insurance for loss of rent to non-paying tenants rather than taking legal action against a tenets that is likely to be more costly overall Ultimate, P 2013, Australian Business Law, 32nd Eden, ACH Australia Limited, Sydney, NEWS.

Pinnacle Manufacturing Essay

1. External users’ reliance on financial statements External users rely heavily on the financial statement of Pinnacle Manufacturing. Although, Pinnacle manufacturing is a privately held company it incurs a large amount of debt. As a result potential users rely heavily on financial statements. Pinnacle is selling the machine tech division to focus on engine manufacturing, the company’s core operations. This causes buyers to also rely heavily on financial statements. In No. 6 the board chooses to finance the construction project mentioned in No. 4 by raising more debt. Again bringing focus to the Financial statements. Likelihood of financial difficulties The Solar Power engine business is focused on habitual transformation of technology, which makes the business riskier than other business and brings about a greater chance of bankruptcy. In No. 1, concerns are expressed about Pinnacle’s Solar-Electro Division. No. 9 identifies restrictive covenants. The requirements are to keep the current ratio above 2.0 and the debt-to-equity below 1.0. In Part I, the calculation of the current ratio fell below the requirement and thus the need for the loan. Management Integrity In No. 8 there is a significant turnover amongst higher-level positions. This turnover is possibly intentional and thus a greater chance for fraudulent activities. 2. No.1 – The acceptable audit risk is Medium. The auditor would have to prove that the articles are material. No. 6 – Pinnacle Manufacturing is a risky client and the auditors should check and verify each account. The acceptable audit risk is assessed as low. No. 8 – Management is  changing its internal audit team. New members would learn the company and the way the audits are done. The audit risk is low because auditors would not rely on management representation. No. 9 – Because the current ratio and debt-to-equity ratio are below the requirements management will constantly check to either increase or decrease current assets to meet criteria. Thus the audit risk is low.