Abraham Lincoln Rhetorical Analysis - 998 Words

President Abraham Lincoln, sixteenth president of the United States, was the president during the time of Civil War. This meant that he was tasked with the responsibility of getting America through the war in one piece, or as close to it as possible. During the war, he had two main goals- one, to preserve the Union and, two, to abolish slavery. These goals did not stay the same during the war, however they did remain close. President Abraham Lincoln’s goals in the civil war were changed because of Lincoln’s use of humor, literary ability, and desire to keep conflict to a minimum. Lincoln’s use of humor in politics allowed him to be persuasive and make points, in turn providing him with a better chance to preserve the Union during the war.†¦show more content†¦Lincoln’s love of Shakespeare grew out of his love of fine writing [...] he worked hard to improve his own vocabulary, grammar, and lucidity of expression.5 These elements factored into Lincoln’s intellectual status over time. It has even been said that Lincoln had the most literary merit out of all past presidents of that time. This allowed him to attract many more followers because of his scholarly reputation. Lincoln’s education did not always help him, though. For instance, it was noted that his decisions to supply Fort Sumter and his later call for troops led to the secession of four more southern states.6 In turn, this later affected Lincoln’s alternate goal of preserving the Union as well, with four more states leaving and further splitting up the United States. Nevertheless, Lincoln was undeniably an extremely strong reader and writer. Thinking in the long term, Lincoln’s academic merit aided him in gaining many followers and much support, allowing him to better achieve his goals during the Civil War. Although Lincoln mostly favored the side of the Union, slavery was not totally abolished, due to his desire to cause the least amount of conflict possible. Many have said that the Emancipation Proclamation freed all slaves. However, thatShow MoreRelatedAbraham Lincoln Rhetorical Analysis988 Words   |  4 Pagesprincipal technique used in uniting a nation such as the United States is electing respected leaders. Abraham Lincoln and George Washington are respected leaders featured in the works that described their aims to unite the nation. Abraham Lincoln illustrated how he was extremely â€Å"devoted †¦ to saving the union† and that is the dominant rationale for him becoming president for the second time (Lincoln 13). Inscribed within Lincoln’s speech was pathos, which was used to prove that he had a goal and heRead MoreRhetorical Analysis Of The Gettysburg Address By Abraham Lincoln813 Words   |  4 PagesKatrina Ta Giang 22 December 2017 AP Language and Composition(7) Mrs. Faumuina Speech Analysis Essay: The Gettysburg Address by Abraham Lincoln â€Å"The Battle of Gettysburg, fought from July 1 to July 3, 1863, is considered the most important engagement of the American Civil War†(History). It was a battle in Gettysburg Pennsylvania, consisting of the Union Army and the Confederate Army. The main purpose behind this battle was due to â€Å"Robert E. Lees plan to invade the North and force an immediateRead MoreRhetorical Analysis Of Abraham Lincoln s Speech939 Words   |  4 Pagesâ€Å"Four score and seven years ago†¦Ã¢â‚¬  the first six words of the famous speech given by Abraham Lincoln on November 19, 1863. Considering the brevity and simplicity of the speech, this powerful masterpiece has impacted citizens of the United States for generations. By further analysis, I have found a few tricks that give this piece its’ powerful punch. I propose the wise use of timing, emotion and rhetorical devices used in his speech all contributed to creating this legendary dialogue. First, theRead MoreRhetoric al Analysis Of Abraham Lincoln s Gettysburg Address1564 Words   |  7 PagesA rhetorical analysis explores nonfictional works and determine if the techniques used make the piece effective (Texas AM University). The Gettysburg Address is one of the most notorious speeches. A rhetorical analysis of this legendary speech would reveal the key components that made it so prominent. The evaluation of the genre, and rhetorical devices, ethos, pathos, and logos, in the speech show how the piece was effective. Abraham Lincoln is one of the most renowned presidents in history. DuringRead MoreRhetorical Analysis Of Abraham Lincoln s Speech860 Words   |  4 PagesOn March 4, 1865 Abraham Lincoln addressed the American populous for a second time, in what was known as his second inaugural address, marking his second term in presidency, and his second address attending to a divided and strained nation. As the Civil War marched closer to resolution the American populous wished for someone or so mething to blame: A target to vent the pains of the nation’s conflict, yet instead of condemnation of either side Lincoln offered the concept of inclusion: neither wishedRead MoreRhetorical Analysis Of Abraham Lincoln s Gettysburg Address 1669 Words   |  7 PagesFinal Take-Home Questions AUHIS 454: the Civil War Zoraa Lutas QUESTION 1 Abraham Lincoln speech given at Gettysburg, Pennsylvania on November 19, 1863 was described by Senator Charles Sumner, in 1865, stating â€Å"the battle itself was less important than the speech.† Explain. U.S. President Abraham Lincoln was not given the spotlight at the Soldiers’ National Cemetery on November 19, 1863, and was instead invited to give a few remarks. In fact Edward Everett’s speech would have been the officialRead MoreRhetorical Analysis Of Abraham Lincoln s Gettysburg Address981 Words   |  4 Pagesstatement in which Abraham Lincoln started â€Å"The Gettysburg Address†.152 years ago, Lincoln delivered this well-known speech in front of an audience who was searching for help during a time of war. Some may believe it was not an inspiration why others will say it was. To some Americans, it might have even brought faith. Just like any other work, this essay was composed of a rhetorical situation and rhetorical devices; which can be broken down into specific factors. The rhetorical situation and devicesRead MoreRhetorical Analysis Of Abraham Lincoln s Second Inaugural Address1234 Words   |  5 PagesTiana Lanier Professor Lara Chapman Rhetorical Communication: A Theory of Civil Discourse July 7th, 2015 Rhetorical Discourse in Two Distinct Pieces of Work; Abraham Lincoln’s Second Inaugural Address Emily Dickinson’s Success is Counted Sweetest Rhetoric is often denoted to as the art of persuasion. A set of linguistic traits and semantics used to evoke emotional responses from its intended audience, opening the floor for unanticipated influence by said audience. It would be an atrocity to ignoreRead MoreAbraham Lincoln : The Great Emancipator1590 Words   |  7 PagesSarmiento 6 Abraham Lincoln: The Great Emancipator During Abraham Lincoln’s presidency, the United States was divided into North and South, who were at war with one another. Recognizing the nation needed a determined leader to guide them into prosperity, Lincoln devised his plan for success. Lincoln’s attempts to preserve the North, while uniting them with the South seemed to be failing as the war continued throughout his first term. Once Lincoln got reelected in 1864, he set out to succeed inRead MoreRhetorical Analysis Essay examples842 Words   |  4 Pagesï » ¿Rhetorical Analysis Abraham Lincoln’s â€Å"Second Inaugural Address† and Emily Dickinson’s â€Å"Success is Counted Sweet,† are two inspirational pieces of art that fall under two different types of discourses. The â€Å"Second Inaugural Address,† is a great example and definition of what Rhetoric is. It encompasses all four resources of languages- argument, appeal, arrangement, and artistic devices. â€Å"Success is Counted Sweet,† doesn’t cover the four resources of language that apply to rhetoric; therefore, it

St.Michael Free Essays

â€Å"St. Michael the Archangel† For my saint, I picked Saint Michael the Archangel. I picked St. We will write a custom essay sample on St.Michael or any similar topic only for you Order Now Michael because Michael is my middle name. Saint Michael is a name meaning â€Å"He who is like God† in Hebrew. He is said to be placed over all the angels. He is the Patron Saint of soldiers, security guards, and sick people. Saint Michael is one of the seven archangels, him being one of the three mention in the Bible. He is the leader of the army of God during the Lucifer upraising. It is said by Pope Gregory the Great â€Å"Whenever some act of wondrous power must be performed, Michael is sent, so that his action and his name may make it clear that no one can do what God does by his superior power. † Saint Michael is one of the principal angels. In Latin, the word â€Å"Angel† means messenger, such as a Jeanne-Nicole Saint-Laurent, who earned her doctorate in religious studies from Brown University in June 2009, has been named assistant professor of religious studies at Saint Michael’s College, starting this fall semester. Dr. Saint-Laurent was a junior fellow at Dumbarton Oaks Research Library in Washington, D. C. , for the 2008-2009 academic year where she researched and completed her dissertation, titled â€Å"Apostolic Memories: Religious Differentiation and the Construction of Orthodoxy in Syriac Missionary Literature. † A specialist in Early Christianity: Christianity in Late Antiquity and Syriac Studies, Dr. Saint-Laurent will be teaching Eastern and Oriental Orthodoxies and Early Christianity this semester, and probably Christianity, Past and Present next semester. Dr. Saint-Laurent earned her bachelor’s degree summa cum laude in religious studies and classics from Gonzaga University of Spokane, Wash. , in 2000. She earned a master’s degree in early Christian studies from the University of Notre Dame in 2002 with a thesis titled â€Å"The Vita Tradition of Ephrem the Syrian: a Hagiographical and Theological Analysis. † She was a Fulbright Scholar in Austria in 2002-2003, studying at the Theologische Facultat of Salzburg University on a project titled â€Å"Christianity in Late-Antique Austria: A Social History. † I see myself as starting a new journey that I have always wanted to take-it’s been my dream really,† Dr. Saint-Laurent said about coming to a college like Saint Michael’s. â€Å"I feel very grateful to be here, especially for the all the nice people. † She said her goal was to teach in a small Catholic college where she could work closely with students on texts from the ancient Chr istian world, and continue her passion for research. â€Å"I hope to instill in my students appreciation of Eastern Mediterranean Christian cultures and history, a greater knowledge of the early Christian church,† she said. I heard about Saint Michael’s from my father, a French Canadian, who grew up in the Northeast, and always spoke of this special little college in Vermont,† she said. Dr. Saint-Laurent has published a coauthored essay, â€Å"Tools of the Trade: Instrumenta Studiorum,† in the book Oxford Handbook of Early Christianity (2008), and a solo-authored essay, â€Å"Early Christianity in Late Antique Austria: Eugippius and Severinus,† in Studia Patristica (2006). She has published a book review in Religious Studies Review, and six reports on conferences in Hugoye: Journal of Syriac Studies (four reports), E-Gorgias, and Syriac Dialogue. She has presented papers at 18 conferences or scholarly meetings, many for the Patristic Society or Syriac conferences. She has also given numerous talks to community groups, church gatherings and retreats on such topics as Early Christianity, Female Mystics in the Medieval Church, History of Monasticism, Saints throughout the Ages, Martyrs and Monastics, Women in the Early Syriac Church, and more. Dr. Saint-Laurent, a resident of Winooski, has run four marathons and loves running. She is also a classical singer and hopes to get involved with a choral group. Saint Michael’s College is a distinctive Catholic liberal arts college that provides an education with a social conscience, producing graduates with the intellectual tools they need to lead a successful, purposeful life that will contribute to peace and justice in our world. Founded in 1904 by the Society of St. Edmund and headed by President John J. Neuhauser, Saint Michael’s is identified by the Princeton Review as one of the nation’s Best 371 Colleges, ranking as 9th among institutions in Quality of Life and 2nd in Town-Gown Relations. It is one of only 270 colleges and universities nationwide, and one of only 20 Catholic colleges, with a Phi Beta Kappa chapter on campus. Saint Michael’s has 1,900 undergraduate students, some 250 graduate students and 100 international students. In recent years Saint Michael’s students and professors have received Rhodes, Woodrow Wilson, Pickering, Guggenheim, Fulbright, National Science Foundation and other grants, and its professors have been named Vermont Professor of the Year in four of the last nine years. The college is currently listed as one of the nation’s Best Liberal Arts Colleges in the 2009 U. S. News World Report rankings. Saint Michael’s is located just outside of Burlington, Vermont, one of America’s top college towns.  ©2011 Saint Michael’s College One Winooski Park, Colchester, Vermont, USA 05439 | 802. 654. 2000 | Privacy Policy Web site Powered by ActiveCampustm Software by Datatel How to cite St.Michael, Papers

Assessment of Australian Agricultural Company †MyAssignmenthelp.com

Question: Discuss about the Assessment of Australian Agricultural Company. Answer: Introduction Australian Agricultural Company Ltd is engaged in the production and selling of beef in Australia. The company is engaged in ownership, operation, and development of the pastoral properties that includes the production of beef, backgrounding and cattle processing and production of various other beef. This company has strong aim to be a global icon in the premium product of beef (AAC, 2016). AACo is striving to attain a formidable position in the market and hence, is executing strategy for the enhancement of the operational efficiency. Assessment of accounting policies and estimates It can be seen from the financials of the company that assumptions, estimates, and judgments are regularly evaluated with respect to contingent liabilities, revenue, assets, and liabilities. The company bases its estimates and judgments on experiences and other factors that are believed to be reasonable based on the scenario, and the result of which forms the basis of the carrying amounts of liabilities and assets that are not apparent from the sources. In relation to significantaccounting policies of the company, it can be viewed that its property, plant, and equipment (PPE) are recorded at historical cost minus accumulated impairment losses and depreciation (AAC, 2016). Such expenses comprise of the cost of replacing parts that are effectively eligible for capitalization during the occurrence of the expense of replacing the parts. Besides, the assets of the company are depreciated on a straight-line basis over the estimated useful life of the asset. Further, the company assesses su ch lives continuously (Lusardi Mitchell, 2013). Furthermore, in relation to trade and other payables, the same are carried at amortized cost and owing to their short-term nature, the same is not discounted. Nevertheless, within thirty days of recognition, the unsecured trade payables are paid off while others are paid within ninety days. The nextaccounting policy is associated with borrowings wherein the company identifies its borrowings on the date of the trade when the company becomes a party to the contractual instrument provisions. Moreover, during discharge of such obligations, the same borrowings are derecognized. On a whole, the borrowings are recognized at fair value fewer transaction expenses that are attributable to the issue of various instruments and are measured at amortized cost (Davies Green, 2013). Lastly, in relation to consumables and other inventories, the company values the same at lower of cost and total realizable value. Further, the cost is ascertained based on an average cost basis and consists of purchase cost including transportation costs. In the ordinary course of business, the net realizable value forms the basis for the computation of estimated selling price less estimated completion price and estimated costs required to make the sale. Overall, the company also offers important details regarding judgments on lease assets and liabilities in its notes to financial statements (Ball et. al, 2012). The companys estimates of suchaccounting policies depend on various past factors and other concerns that are not visible in the other segments of the annual report. However, estimates that can result in a material risk of adjustment in the carrying amounts of the liabilities and assets of the company form part of the financial statements. In relation to the above policies and estimates, it can be seen that TPI Enterprises Ltd also takes into account the same in order to continue its affairs. For instance, in relation to PPE, the company measures its items of PPE at cost minus accumulated impairment losses and depreciation. Further, its PPE are depreciated on a straight-line basis over their estimated useful lives. Therefore, it can be said that the competitors of the company use such policies and estimates and there is surely some flexibility in the estimates and policies as it allows it to sustain in the market especially with such huge competition (AAC, 2016). Overall, theaccounting policy and strategy adopted by the company is sufficient and effective enough to allow it enhance its affairs in the proper direction. However, it can be witnessed from the financial statements of Australian Agricultural Company that financial instruments were not properly disclosed in the annual report based on AASB 9 standards. This po tential red flag can make the company lag behind. Furthermore, based on the AASB recommendations, it can also be viewed that the company has not reported on the major responsibilities of its key managerial personnel who plays a key role in governing the entire procedure of business. Apart from such issue, the annual report does not accommodate any other red flag. Assessment of the quality of accounting Accounting has become clearly political in nature with the due passage of time and several pressures play a key role in influencing the accounting environment. Furthermore, the amounts provided by an accountant have a direct effect on the financial aspect of the company. Hence, the accounting rules have in turn a direct effect on the behavior of humans. The statement depicted by the Australian Agricultural Company clearly shows that the annual report of a company can easily misguide the decisions of investors and can influence many others too (AAC, 2016). Thus, it is the prior duty of the interested parties to trace the safety of the financial score of the company. Hence, this shows that the process is clearly political in nature. Furthermore, it can also be observed that the setting of accounting standard can be a product accommodated with actions that are clearly politically based. This is because of the fact that social decisions rely on such standards and these can exert pressure on the restrictions and as a result, must be accepted by the influenced parties. Besides, attaining acceptance is clearly a complicated process that requires marketing skills in the area of politics. Nonetheless, the disclosure restriction can be considered as the outcome of political pressure that prevails betwixt the setters of standards and the managers. Furthermore, a status quo is always present that focuses on the standards of the past tenure. Moreover, the management plays a role in taking rational decisions after the standard-setters frame a new regulation proposal. However, after a huge denial, the proposal is directly rejected because the standard setters lose their control over the matter and thereafter, a new proposal is framed that is enhanced over the status quo (AAC, 2016). Overall, the major concern that can be seen from the case of this company is that political accountability does not produce a standard-setter that can assist in the maximization of regulations of welfare. Thus, in relation to this, it can be seen that accounting choices can easily assist an entity in gaining exposure, thereby playing a role in assisting the stakeholders and related parties to ob tain an enhanced view of the entity. Furthermore, adoption of proper and efficient policies can also assist in better decision-making. Overall, disclosures are the need of the hour that can enable the parties to ascertain the actions and strategies of a company so that an enhanced perception can be gained regarding the matter. Investigative report Major accounting policies selection Australian Agriculture Co. manages the risks associated with the financial exposure in accordance with their financial risk management policy. The board has authorized the audit and risk management committee to identify and control the risks associated with the finance. Different methods are used by Australian Agriculture Co. to manage different types of risks exposure (AAC, 2016). The various risks which arise from the financial instruments used by Australian Agriculture Co. are liquidity risks, interest rate risks, credit risks, foreign currency risks and commodity risks. Liquidity Risks The financial liabilities and the ability of the company to pay its dues timely i.e. as and when it falls due leads to the liquidity risks. The liquidity crunch can be mitigated if the company keeps a close watch on the expected monthly cash inflows and outflows. Australian Agriculture Co. main objective is to keep a balance between the continuous funding and the flexibility which the company enjoys through convertible notes, bank loans, and financial leases. Due to both the operating and financing activities, Australian Agriculture Co. faces an exposure to the counterparty credit risk. The changes in the counterparty credit risks materially do not impact the effectiveness of derivatives in hedge relationships. Interest Rate Risks The Treasury policy of Australian Agriculture Co. maintains half of its borrowings at fixed interest rates. These interests are amortized over the period of the borrowed funds. The company uses a combination of both the variable and fixed rate debt. At specified intervals, the company also enters into interest rate swaps that are the difference between the fixed interest rate and the variable interest rates. The company keeps on analysis its exposure to interest rates by continuously reviewing the combination of fixed and variable interest rates, renewals of its existing financial positions and alternative financing. Australian Agricultural Co entered into interest rate swaps for $200 million in 2014. As per the expiry date of the bank facility, the swap was expiring on 30th of June 2018. The accounting standards requirement was also met by the company with respect to the hedge accounting as the interest rate swaps were designated as effective (AAC, 2016). After the interest rate swaps also 70% of the borrowings of the company was carrying a fixed rate of interest. Credit Risks Financial assets of the company comprise of trade, cash, derivate instruments and other receivables of the company. The credit risks arising from the financial assets of the company. Australian Agriculture Co. does not hold any credit derivatives which can offset its exposure to credit. Australian Agriculture Co. faces its major credit risk in Australia and that too in the meat processing industry (Williams, 2012). The company has a limited number of customers who are quality customers and maintains a strong relationship with them. The company frequently maintains a check on the receivable balances as a result of which the company has not faced any significant bad debt issues. In order to lower its credit risks the company also pays the insurance premium on an annual basis in respect of certain overseas sales (Samaha Dahaway, 2010). Accounting flexibility Assessment It can be witnessed from the annual report of AAC Ltd that its inventory values can easily provide accounting flexibility to the managers so that they can utilize the same for the benefit of the management. The reason behind this can be attributed to the fact that its inventories are measured in terms of net realizable value that can easily provide some flexibility to the managers because it relies on an estimated factor. Therefore, such accounting flexibility is clearly open for distortion by the managers as they can manipulate the income of the company by decreasing its expenses so that the EBITDA is automatically enhanced. As a result, the investors can be easily misguided and the managers can easily obtain benefit from the same. Hence, such flexibility must be lessened to an extent that can minimize the chance of distortion by managers (Needles Powers, 2013). Accounting strategy Assessment The companies Act of 2006 is adhered to by thee Australia Agriculture Company and other General Accepted Accounting policies are followed. The entire industry follows the same accounting policies and hence, the peers and the competitors are following the same action. The historical cost conventions are utilized by the company (Nobes Parker, 2010). Managers should be provided with the correct compensation so that there is no fraud and the decision making is on a continuous basis. As per the annual report, it can neb commented that the policies and the estimate were regularly followed by the company (Harrison Colle, 2010). Disclosure quality Assessment Financial disclosure on income statement, liabilities, and assets are very significant because these offer adequate insights on the accrual system of accounting. Moreover, in relation to the annual report of Australian Agricultural Company Ltd, it can be seen that the company has not only disclosed material information relating to its accounting policies in line but also provided relevant footnotes to support the same. It can be seen that the new amendments have been made in the year 2015 for the proper presentation of financial statements. Disclosures regarding such amendments have been adequately offered so that the company can efficiently portray comprehensive income of the present year (AAC, 2016). The company in its annual report has also disclosed the requirements of the consolidated financial statements through AASB 10 standards. The company has also disclosed important details of its joint arrangements that have been conducted through the utilization of some other vehicles. F urthermore, it has also disclosed interests in other companies wherein the direct company business is not related to its major operation in the reporting period. (Hanlon et. al, 2014) The company in its annual report also portrays the disclosed items such as improvement in the economic and operation-related financial issues. Besides, important disclosures relating to payables, receivables, inventories, and derivatives are also disclosed by the company in its annual report. Further, adequate footnotes have been given in relation to all these disclosures in order to make sure that the provision of such information does not misguide users. In addition, proper footnotes in relation to the recognition system of PPE (Property, Plant, and Equipment) together with their impairment values have also been provided for better understanding. Nonetheless, it can be easily said that the disclosures made by the company is adequate in nature and the footnotes that are associated with the same are sufficient to assist the users in proper decision-making. However, if the company had not been negligent in the provision of information relating to its financial instruments in the annual report, then the disclosures would be more efficient in nature (Ormiston Fraser, 2013). Nevertheless, in relation to segment reporting, the company has not provided relevant details regarding its segments in the financial report. The reason behind this can be attributable to the fact that under the new reporting framework, the same has not been presented because of variation in the structure of financial details offered to the board of directors and the senior management. In contrast to this, the company has reported adequate disclosures of its segments in the Appendix 4E that can be accessed by the users from the respective website of the company (www.asx.com.au). Besides, the only reportable segment to the KMP done by the company is defined in AASB 8, being the sale and production of beef. The company has not disclosed other segments and they are available at the companys website. Overall, the framework of GAAP does not entirely reflect the key measurement of the companys success even though the company has properly facilitated some material disclosures ( Meeks Swann, 2009). Potential Red Flag When it comes to the operations and the functioning it can be said that the company has managed the affair in a proper fashion. But there are some red flags in the annual report. The financial statement of the Australian Agricultural company projects that the financial tools are not disclosed in the annual report. The organization should follow the standard of AASB 9 however; there is a deficiency in this regard. Moreover, the AASB recommendations states that the company should report the responsibilities of the key managerial personnel however this part is missing. Conceptual frameworks compliance It can be seen from the annual report of Australian Agricultural Company Ltd that it has properly complied with the requirements of the conceptual framework in order to make sure that its reporting quality is adequately enhanced. For such purpose, the company has adhered to all the required qualitative characteristics of the conceptual framework, which is a positive indicator in terms of corporate financial reporting (Ormiston Fraser, 2013). For example, in relation to materiality concept, it can be seen that the company has complied with the ASX Corporate Governance Principles and Recommendations to make sure that the independence of directors is properly evaluated by the Board and that may possess an ability to influence the decision-making ability of the users. Furthermore, the company has also offered significant information regarding its reportable segments that are material in nature, and that can easily mold the decisions of users. In addition, for compliance with the faithfu l representation concept, it can be seen that the company has disclosed the statement of its directors wherein they exert that the financial statements have been prepared in accordance with the Corporations Act 2001. Moreover, for assurance of such statement, the directors have disclosed that the company has adhered to section 295A of the Corporations Act 2001 to make sure that the financial information forming part of the annual report are faithfully represented and does not accommodate any fraud or errors. Furthermore, in relation to the fulfillment of relevance in the annual report, the company has disclosed material details of the various risks encountered by it so that the stakeholders can easily ascertain the kinds of risks that pose a threat to the affairs of the company. With the provision of such information, the quality of reliability can also be fulfilled because after knowing the kinds of risk that surround the company, they are in an efficient capability to determine wh ether they should invest in the company or not (Ibrahim et. al, 2013). Besides, the company has also disclosed information regarding its other income apart from its major income so that its effectiveness in the market with respect to such segment can be ascertained and thereafter, investment decisions can be easily facilitated on the part of investors. Furthermore, it can also be seen from the annual report of the company that the concept of prudence, which is a revision of the conceptual framework for financial reporting, has also been fulfilled (Hribar et. al, 2014). This can be proved by the fact that the company has attempted to disclose that its impairment losses are assessed and reviewed regularly in order to make sure that the amortization figures are not overstated. Hence, this is the prudence concept that allows a company to make sure that its income and assets are not overstated, and liabilities and expenses are not understated (Brochet et. al, 2013). Therefore, on a whole , it can be easily seen that the qualitative characteristics of corporate reporting have been adequately fulfilled by the company, which further ensures that the financial information in the statements is surely compliant with the requirements of the conceptual framework (Brochet et. al, 2013). Besides, this may assist the company in enhancing its goodwill in the market because adherence to the conceptual framework not only maximizes the quality of reporting but also caters to various needs of the users to allow them in making proper decisions. Conclusion Going by the overall discussion of AACo it can be stated that the company adheres to the framework and the accounting regulations thereby the disclosures are strong in this regard. It needs to be noted that the organization has complied with all the accounting policies that make it effective. Further, the accounting policy is directly in tune to the organizations performance. Further, it is noted that the supply chains are strengthened and the organization has taken strong initiatives for the up gradation of the logistics. Moreover, it has made the proper investment in the field of technology and innovation thereby the efficiency of the company has increased considerably. Some red flag was noted in the course of activity however, it can be said that a big organization may fail to have some operations in place and hence, it cannot be tagged as the downfall. References AAC 2016, Australian Agriculture Company annual report and accounts 2016, viewed 28 September 2017 https://www.annualreports.com/HostedData/AnnualReports/PDF/ASX_AAC_2016.pdf Ball, R., Jayaraman, S Shivakumar, L 2012, Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis, Journal of Accounting and Economics, vol. 53, no. 1, pp. 136-166. Brochet, F, Jagolinzer, A. D, Riedl, E. J 2013, Mandatory IFRS adoption and financial statement comparability, Contemporary Accounting Research,vol. 30, no. 4, pp. 1373-1400. Davies, H Green, D 2013, Global Financial Regulation: The Essential Guide. John Wiley Sons. Hanlon, D, F. Navissi G Soepriyanto 2014, The value relevance of deferred tax attributed to asset revaluations, Journal of Contemporary Accounting Economics, vol. 10, no. 2, pp. 87-99. Harrison, W Colle, D 2010, Stakeholder Theory, State of the Art, Cambridge University Press Hribar, P., Kravet, T Wilson, R 2014, A new measure of accounting quality, Review of Accounting Studies,vol. 19, no. 1, pp. 506-538. Ibrahim M, Sweiti Dr. Osama F Attayah 2013, Critical Factors Influencing Voluntary Disclosure: The Palestine Exchange PEX, Global Journal of Management and Business Lusardi, A Mitchell, O. S 2013, The economic importance of financial literacy: Theory and evidence. National Bureau of Economic Research. Meeks, G Swann, G.M 2009, Accounting standards and the economics of standards, Accounting and Business Research, International Accounting Policy Forum, vol. 39, no. 3, pp. 23-44 Needles, B.E. Powers, M 2013, Principles of Financial Accounting, Francisco: Mc Graw-Hill Nobes, C Parker, R 2010, Comparative International Accounting, FT Prentice Hall. Ormiston, A Fraser, L. M 2013, Understanding financial statements, Pearson Education. Research Finance, vol. 13 no. 6, pp. 9-15 Samaha, K. Dahaway, K 2010, Factory influencing corporate disclosure transparency, in the active share trading firms: An Explanatory study, Research in Emerging Economies, vol. 10, pp. 87-118. Williams, J 2012, Financial accounting, New York: McGraw-Hill/Irwin.