Accounting for manager Speech or Presentation Example | Topics and Well Written Essays - 750 words

Accounting for manager - Speech or Presentation Example that, we as a company should have a firm understanding of the cost objects that are prevalent in our current setup, so that we can confidently answer questions asked by the bank’s personnel, and most importantly we need to determine how much capital our expanding operations need. By preparing an internal company budget, we will not only know the underlying cost objects in a process, but also we will know the cost each object is incurring. By knowing these facts we will be in a better position to undertake cost reduction strategies and optimize our capital allocation process. Since these are tough economic times, and we need to be sure that every penny that we are investing in our operations is producing a substantial return, therefore, it is important that we take an initiative to generate an internal company budget. The utility of this internal budget is immense. We can use this internal budget to construct a master budget for the lending bank. In this way, we will be able to send a firm message across to the bank, and show them that we are serious in doing business with them. By presenting them with the nature of our operational costs, we can enchant them with the opportunity to do future business with our company. Most importantly, this effort of ours to compile an internal budget and tailor it for external users has a broader utility that will arise as the company grows. This utility that is being referred to is the need to have well maintained books in order to change the status of the company. Since we are expecting growth in our business operations and scope of our activities, therefore, it is hard to undermine the fact that we will have to go public someday. For this it is important that the company take an initiative to put in place proper systems for tracing costs and allocation of bud get. By installing these systems, we will be in a stronger position to generate true financial statements. And as you must be aware that strong systems of a company play

Obsessive compulsive disorder Essay Example | Topics and Well Written Essays - 4000 words

Obsessive compulsive disorder - Essay Example Obsessive compulsive disorder (OCD) is a psychological experience considered an Axis 1 mental illness in the DSM-IV-TR (American Psychiatric Association [APA], 1994). According to the DSM OCD is defined as either a person being obsessed with a topic or concept or compelled to think particular thoughts or to undertake particular actions. Obsessions can be defined as recurrent and persistent thoughts, images of impulses that are experienced during the OCD experience, and these are perceived as being intrusive and inappropriate and generally cause distress and or anxiety to the person experiencing them (March, 2006; Salkovskis et al., 2000; Wroe & Salkovskis, 2000). Common distressing thoughts, actions or verbalizations may be sexual in nature (10%), moral/religious/blasphemous (11%), aggressive (29%), contamination-disease (46%), or to do with symmetry and sequence (27%) (Matthews, Reynolds, & Derisley, 2006). These excessive thoughts, impulses and images are not just over stressing about day-to-day life, for as the person tries to suppress or dispel such thoughts, impulses or images or attempts to supplement them with other thoughts, images or actions, they cannot suppress or dispel their experience. ... nuously checking that a door is locked, or repetitive mental acts, such as praying or counting, results in the person feeling driven to undertake the behavior of thought according to a rigid set of rules (Rosack, 2004). The behaviors and mental acts prevent or reduce the anxiety and distress that is experienced, alternatively, the thoughts and behaviors may inhibit a dreaded event from occurring. Obsessions and compulsions cause significant distress, can take up much of the person's time during the day, and can dramatically interfere with their normal routine in everyday life, such as inhibiting them from carrying out their work role or attending to academic studies (Simonds, Thorpe, & Elliott, 2000). Experiences also negatively affect their ability to engage in social activities or to have fulfilling relationships. Additionally, if another Axis 1 mental illness is present then the content of the obsessions and or compulsions may not be restricted to it; for example, being preoccupied with food when an eating disorder is also present. Hollander, Cohen and Stein (2005) categorises one type of OCD experiences as repetitive behaviors that are driven by pleasure or arousal, such as pathological gambling, as the act of gambling involves risk and reward. In a study by Anholt and colleagues (2004) a comparison of the dysfunctional beliefs of those with diagnosed OCD and participants diagnosed as pathological gamblers or panic disorder, and a group of normal controls. Beliefs were measured using the Obsessive-Compulsive Beliefs Questionnaire-87 (OBQ-87). It was anticipated that the pathological gamblers would have similar cognitions to the OCD group; and have high levels of OCD symptoms. The results showed that the OCD group and the gambling group had similar OBQ-87 scores;