Morality and Religion in Defoes Robinson Crusoe and Moll...

Daniel Defoe was born in 1660.Daniel received a very good education as his father hoped he would become a minister , but Daniel was not interested.His family were Dissenters, Presbyterians to be precise, and those sects were being persecuted a bit at this time so maybe Daniel had the right idea.He was always very tolerant of others religious ideas himself he was a good puritan at the same time.Hed pretty much against the ministry,though he wrote and spoke in favor of the Dissenters all his life.However being a religious man he sometimes critisized Christianty .Somehow he reflected his beliefs in his books,writings. Wherever god erects a house of prayer, The Devil always builds a chapel there;†¦show more content†¦According to Defoe crowd takes people away from basic realities of life.We can see this thought in both book of him, Robinson Crusoe and Moll Flanders .In Robinson Crusoe when he is in England he doesnt think of God and religion much, society makes him irreligious and careless.However when he decieds to go far and starts his journey , a transformation comes into being in his philosophy.The time that he spends in the island supplies the most effective enviroment him to reform his thoughts and beliefs.As we see in the following quotation: ..What is this earth and sea, of which I have seen so much?Whence is it produced?And what am I, and all the other creatures, wild and tame ,human and brutal, whence are we?Sure we are all made by some secret Power that could make all things, must certainly have power to guide and direct them... He has his own way of judging.He real izes some religious facts but never submits them blindly.Robinson Crusoe as a man who comes from typical English society and modern world combines the facts of society of his time, its moral understanding and the facts of pure faith that he found himself.Doing this synthesis he sometimes contradicts modern worlds vision therefore critisizes its policy, such as by saying: ..the policy of making a secretShow MoreRelatedBiography of Daniel Defoe1105 Words   |  4 Pages Daniel Defoe, though faced with many struggles as a writer, changed normal English literary styles of writing. Defoe wrote a novel, Robinson Crusoe and was the father of the English novel. As William Hazlitt put it, â€Å"Book making in the hands of a dull man is the worst and degrading of all drudgeries; in the hands of Daniel Defoe it changes character and becomes the noblest and most delightful of all possible occupations.† (7) Though many argue that Daniel Defoe was unable to fullyRead MoreWe Must Keep Daniel Defoe in the Literary Cannon1235 Words   |  5 PagesDaniel Defoe born in or around 1660 experienced the most complex disastrous events in England before he was seven. In 1664 a Dutch fleet attacked London, in 1665 the plague took seventy thousand lives and in 1666 the great fire destroyed Defoe’s neighborhood expect for three houses, one being his. Born to a family of dissenters a class of people who refused to conform to the Church of England, Defoe was hindered with obstacles from the start. Receiving his education from a dissenter’s school and

Analysis Of The Book Orange Is The New Black - 1747 Words

Piper Kerman is a Caucasian woman who is well educated, and of a comfortable socioeconomic class. Piper wrote the book Orange is the New Black to expose the injustices of the justice system through her personal account of her sentence in federal prison. Piper has written about all of her experiences starting from graduating college to her time spent in prison, to her release, and writes her account to exploit the criminal justice system and the struggles women face during their time of incarceration. After college, Piper lived a comfortable, yet predictable life, in Northampton, but yearned for a sense of adventure. Piper then meets a woman named Nora Jansen who was a lesbian, and seemed to be the opposite of who Piper was, the person that she was yearning to be. Nora told Piper that she was involved with â€Å"a drug-smuggling enterprise by a friend of her sister.† (Kerman, 7) Nora and Piper then became very close, and got involved romantically. Getting caught up in Nora’s life Piper agreed to smuggle 10,000 undeclared dollars in her luggage on a trek to Bali, Indonesia. After coming to the realization that Piper is an accessory to Nora’s drug-smuggling enterprise she finally decides to up and leave the â€Å"business† leaving this criminal life in her rear view mirror as she drives on to her new life in California. In California, she meets a man named Larry and they become involved romantically and move to New York where they live their lives with no interruptions. One day PiperShow MoreRelatedAnalysis Of The Book Orange Is The New Black 1780 Words   |  8 Pagesfreedom of religion. The overall sense of freedom is exhilarating, and people are learning to understand what is important in life. Whether it be a friendship or a relationship, we all need other people to lean on and support us. In the book, Orange is the New Black, (OITNB) by Piper Kerman in 2011, and the musical, Rent, by Johnathon Larson in 1996, both authors use logical and emotional appeals to reveal to their audience the message they are trying to deliver. Even though  some people get caughtRead MoreWhat Is Constantly Introspective1479 Words   |  6 Pagesslivers of personal assurance allowing confronting texts to be read and interpreted by viewers. In an attempt to transform my flat two dimensional writings into tangible objects I have started to approach different materials such as fabric and artist books that are created to be held and felt. Conceptu ally my practice is concerned with the connections that people have to the diaristic and the multitude of ways that they engage with their own vulnerabilities, either through accessing my memories or recallingRead MoreJohn Darwin s Natural Selection879 Words   |  4 PagesDarwin wrote a book â€Å"Natural Selection† and it was fun for me to read because his theories on natural and life evolutions are fascinating to learn. The idea that members of a species complete with each other for resources and that individuals that are better adapted to their lifestyles have a better chance of surviving to reproduce revolutionized the field of evolution. His idea was never approved or accepted for decades and today natural selection forms the basis for our understanding of how speedsRead MoreWhat are Optical Illusions? Essay1082 Words   |  5 Pagesby our eyes and brain. Perception is the analysis taken by the sense of a person. â€Å"Optical illusions occur because our brain is try ing to interpret what we see and make sense of the world around us.†(2)(â€Å"Optical illusions†, n.d., n.p). Illusions are misled human brains into seeing things that are not real. In figure 2, the apple is not in circled in an orange circle looks like an apple, but if it is surrounded by the orange circle the eye creates an orange. Perception is quite an important piece inRead MoreA Quick Looks Shows Childrens Toys are Gender Specific Essay894 Words   |  4 Pages Roll Rider. This gender neutral toy is being marketed as a learning to walk toy. This rider is advertised as good for both sexes the packaging shows both a girl and a boy playing. The main colors of the Walk Roll Rider are blue, yellow, red orange. Next, we move to the 3 Lil’ Piggies Playhouse. This gender neutral toy is advertised as a shape learning toy for any infant. The package shows a Caucasian non gender specific baby with neutral colored clothing on, smiling and playing. The finalRead MoreMagazine Analysis of Elle Essay example1544 Words   |  7 PagesMagazine Analysis of Elle The title Elle hold suggestions of femininity, the word is flowing and rolls of the tongue. It is also aesthetically pleasing to the eye as an anomaly. The strap line ‘The worlds biggest selling fashion magazine’ appeals to the ideals of the magazine audience as fashion victims are likely to seek things that are popular. The price is quite expensive and shows a reader that has enough money to have all the things she wants. The price is smallRead MoreThe Seventh Tower1231 Words   |  5 PagesTitle: The Seventh tower The Fall Author: Garth Nix Type: Science Fiction Publication date: 2000 Number of Pages: 195 Plot Summary This book is a Science fiction book that is the fist of a series of books called The Seventh Tower. It starts out with a boy by the name of Tal Graile-Rarem receiving word that his dad was missing on a mission that he was doing for the queen. And that is when every thing goes down hill. This is because his dad has the only good sunstone that will allowRead MoreThe Determination Of Triglyceride Using Enzymatic Methods1211 Words   |  5 Pages534-537. Johnson, M. T. (2006). Citrus juice production and Fresh market Extension Technologies .FAO corporate documents repository. Economic and social department.(2006). Kays S. J. (1991). Postharvest physiology of perishable plant products. AVI, New York Kim, D, Jeong, S.W. and Lee, C.Y. (2003). Antioxidant capacity of phenolic phyto-chemicals from various cultivars of plums. Food Chemistry 81:321-326. Knight, J. A., Anderson, S. and James, M. R. (1972). Chemical basis of the sulfophospho vanillinRead MoreThe Effect Of Social Media On Coca Cola s Data Strategy798 Words   |  4 Pagesintegrated into the corporate systems. How did they go about resolving them? In order to resolve the ongoing problems TCCC made the decision to standardize the systems nationwide, the company replaced all of the legacy software and transitioned to a new unified BI system in 2010 that would be integrated into all of the companies bottling plants. This action was necessary for TCCC in order to standardize sales reports, manage production on a national level, and to ensure the supply chain managementRead MoreThe Creation of an E-Portafolio795 Words   |  3 PagesCONTENTS INTRODUCTION 3 METHODOLOGICAL APPROACH 4 CRITICAL ANALYSIS 6 CONCLUSION 7 APPENDICES 8 INTRODUCTION This report intends to explain how I have created my e-portfolio and the inspiration behind this creation. I decided to create a professional and appellative web page for those who like decorations or a looking for a new and a creative decorator for their usual parties such as birthday parties or New Year’s parties, Baby Showers or even more special occasion such wedding

Development Of Literacy For Students - 902 Words

The development of literacy for students in pre-K through 1st grade all need a basic understanding of letter recognition, knowing phonics, and the difference between vowel sounds when they are long and short. Once these skills are established progression will be made with the introduction of diphthongs and blends. Ways that allow students to learn these basics without losing interest with posters and reads alouds is incorporating interactive videos such as LeapFrog where it draws the students in with it being set up as a cartoon and episodes of SuperWhy to reinforce what has been taught in a fun and exciting way. Another form of teaching through these subjects are the use of computer applications such as StarFall. When there is a large incorporation of activities that are interactive with children at an early age with reading it allows them to make a connection that there is more than just words on a page. Therefore, creating enjoyment when it comes to having to read or be read to which is very crucial especially in the early years of a child so they would want to continue having a desire to read as they progress through their educational career. It is important for a child to not feel forced when it comes to learning to read because then there is pressure on them and a strong sense of boredom often found with the child feeling like it is nothing but a drawn out process of having to stare at a page of words, which can later deteriorate a joy of reading and discourageShow MoreRelatedOne Of The First Things Children Learn In School Is How1627 Words   |  7 Pagesintegral literacy skills that students will build their whole lives. The question is, how do we properly teach these necessary skill s to our students? As a teacher, we must understand all the learning theories to better address the literacy development of our students. Students need to have interesting, engaging, proper-leveled books to learn how to read. Writing made fun by teaching lessons such as writer’s workshops, creating their own books, and writing to pen pals, keeps students interest inRead MoreLiteracy Rich Environment For Early Childhood Classrooms821 Words   |  4 PagesIntroduction The article, Literacy-Rich Environments, by The Access Center, informs the reader on the several ways to create a literacy rich environment for early childhood classrooms. Literacy development needs to be supported from the very beginning of a child’s life. Due to culture, some students will enter school without any prior knowledge of literacy (The Access Center, 2007). It is the duty of the educator to facilitate literacy development, and provide students with an environment full ofRead MoreAssessment And Intervention Of Print Knowledge1705 Words   |  7 PagesAssessment and Intervention of Print Knowledge to Students with Severe Disabilities Breannah Davis-Bloom Radford University â€Æ' Introduction Emergent literacy development is a foundational principle commonly acquired prior to inclusion into a formal educational setting. Literacy development is a uniquely dynamic concept, consciously and unconsciously embedded in the everyday lives of children. As a result of diversity in family dynamics, literacy levels can be varied and sometimes non-existent. PrintRead MoreLiteracy For The 21st Century A Balanced Approach1134 Words   |  5 PagesE Gail. (2014). Literacy for the 21st Century A Balanced Approach 1. It is imperative for teachers to not only monitor their students’ behavior in the classroom, but also to assess their students’ literacy development effectively, so they could be ensured of their students’ learning progress, which is the most significant point Tompkins makes in Chapter 2. Chapter one in Tompkins book Literacy for the 21st Century A Balanced Approach mainly focuses on the strategies students use to either decodeRead MoreStrenthening Early Literacy Skills in Studnets Language Word Recognitio1634 Words   |  7 PagesRunning head: STRENGTHENING EARLY LITERACY SKILLS IN STUDNETS: LANGUAGE AND WORD RECOGNITION Strengthening Early Literacy Skills in Students: Language and Word Recognition 510: Grand Canyon University Joanna Martinez September 9, 2012 Strengthening Early Literacy Skills in Students: Language and Word Recognition Introduction When discussing early literacy, its development begins at birth and continues its development throughout yearly childhood years. Literacy is having the skill to readRead MoreLiteracy Is The Cornerstone For All Learning926 Words   |  4 PagesLiteracy is the cornerstone to all learning; it is imperative to future academic success. (Tracey and Morrow, 2012). Due to the significance of literacy instruction, there are a myriad of ways to teach literacy. Literacy is a complex subject, honing in on balancing reading, writing, speaking, and listening. As a result of the complexity of literacy instruction, we arrive at the age-old debate of what is the best literacy instruction. My philosophy of literacy instruction centralizes around theRead MoreProfessional Development For Teachers With English Language Learners837 Words   |  4 PagesProfessional development for teachers that promotes English language acquisition and literacy proficiency for English language learners is the corne rstone of literacy reform in the United States. In this assignment, I define teacher knowledge. I then identify three areas of professional development that, by increasing teacher knowledge, would translate to increased learning gains for English language learners. Teacher Knowledge Carlisle, Kelcey, Rowan, and Phelps (2011) distinguished betweenRead MoreInteractive Collaboration And Sharing 2.0 Web Base Learning Tool Essay945 Words   |  4 PagesVoicethread is an interactive collaboration and sharing 2.0 web base learning tool. Voicethread is a valuable classroom collaboration tool for teachers and students. VoiceThread is a cloud application so there is no software to install. It will work on any modern web browser with internet connection. User need to make sure their computer system has an up-to-date version of adobe flash. To access VoiceThread content users can use any of these platforms: Standard Voice Thread site, Voicethread universalRead MoreHigh School Improvement Action Plan1072 Words   |  5 PagesPleasant School District and Melbourne School District consolidated to form one school. This has caused the two proud communities to come together as one which has caused some tension in recent years. Melbourne School District has approximately 900 students in Kindergarten through 12th grade. The school district has two elementary schools which feed into one high school which houses 7th-12th grades. Education provided by our public school has and will be very important to citizens in this area. Read MoreEssay on Teaching Native American Youth1214 Words   |  5 PagesPhoenix Teaching Native American Youth ` Information literacy and technological literacy are necessary for educators in the constantly changing global world. Scholarship, practice, and leadership are important concepts in teaching Native American/Alaskan Native (AI/AN) youths because these students come from a different cultural background and succeed better with culturally based schooling. Freeman and Fox (2005) said AI/NA students score lower than White peers do in the National Assessment

Compare Atticus and Bob Ewell as single parents Essays

Compare Atticus and Bob Ewell as single parents Atticus and Bob Ewell throughout the novel in ‘To Kill a Mocking Bird’ are completely different characters. They have opposites roles in the way that they live in the community, their behaviour towards other people, but the most predominant is the way in which they raise their children. Atticus has a lot of respect for children; he wants his own children to be educated, and to be brought up in a good world where there is no racism. On the other hand Bob Ewell has no standards for his children, allowing them to play truant, having no basic hygiene or safety rules. Atticus also has a lot of respect for even the youngest of children. This becomes apparent when Atticus went to†¦show more content†¦You look like a picture this evening.† (Chapter 11) Atticus is teaching his children to be polite and if you are nice to people then the favour would be returned, and not to have enemies. That’s why Atticus does not want Scout to be in any more fights, and now she realises this, and stops fighting. That’s why Atticus has never used violence towards Jem or Scout in any way. However his children have been upset with Atticus, for example Atticus, when playing football with Jem, never made any tackles, Jem and Scout saw Atticus as quite boring. This was also amplified because he was a lawyer and worked in an office, whereas their friend’s fathers drove dump trucks, were sheriffs or worked in garages, which appeared more exciting towards the children. Calpurnia plays a big role in the novel, which involves Atticus and his children. As Atticus does not believe in racism, Calpurnia is not just the cook, but she is allowed to take complete care of Jem and Scout. From allowing this Atticus is making Jem and Scout to grow up and to not be racist, and to also respect everybody. When the mad dog appears the children then see Atticus in a different way, they see him use violence, by shooting the mad dog. Atticus didn’t want to shoot it, but he knew that he had the bestShow MoreRelatedPrejudice is simply an inevitable part of history. Ever since the Battle of Hastings in 1066, the800 Words   |  4 Pagesthe truth is this: some Negroes lie, some Negroes are immoral, some Negro men are not to be trusted around women—black or white. But this is a truth that applies to the human race and to no particular race of men. (To Kill a Mockingbird pg 204) Atticus tears apart the deep rooted stereotype of Negroe’s that lies in the minds of Maycomb. One thing that’s changed from 1066 to now, is the education level. As years pass, the amount of educated people increases. It’s no coincidence that the amount ofRead MoreAtticus, Scout, And Jem Finch2314 Words   |  10 PagesThis being said, even though the black people of the county were much more kind and seemed to have more class than many white people, they were still beneath them simply because of the fact that they were black. Atticus, Scout, and Jem Finch are part of this first class, because Atticus is a lawyer, which makes him a highly respected man in the community. They are also white, which is an important factor on deciding who belonged to what social class. Miss Atkinson and Aunt Alexandra are also partRead MoreComparing Themes of To Kill a Mockingbird and A Raisin in the Sun1962 Words   |  8 PagesLorraine Hansberry lived through the civil rights movement and saw the physical and verbal harassment against African Americans. This experience is evident in both works as the theme of fighting prejudice shines through. The goal of this paper is to compare and contrast the theme in both books and how it affected both of the families. Also, throughout the paper I will examine the themes of innocence and fighting prejudice. In order to analyze each section thoroughly, I have divided my paper into

Business Investment Proposals Overall Investment

Question: Discuss about the Business Investment Proposals for Overall Investment. Answer: Recommendation to Mr. X based on above analysis The overall evaluation of different types of investment proposals, which could be presented to Mr. X, might eventually help in identifying the best possible investment opportunity. In addition, the overall investment, which could be used by Mr. X, can be further evaluated. Mr. X has agreed to allocate fund of SGD 1.3 million to ENBL, which might help in improving its overall return from investment and support his future endeavors. From attending the dinner presentation, conducted by AHPL the following information was collected by Mr. X. When the first option for investment is considered then the return over two year period would be 24%. Therefore, the annual return can be considered 12%. The investor Anson Home Pte Ltd would be making investment in a well-established German firm. APL has tied with German firm and it has the history of providing good returns for more than the periods of eight years. The investment has 100% insurance protection and all the rights of the investors would be fully protected under the cover of insurance. The annual return offered by the Anson Home Pte Ltd is 12%, so Mr. X would be receiving at the end of first year. Return at the end of 1st year = 12% of 1.3 million = .156 and return at the end of the second year would also be .156 and since the investment is made for the period of two years, the invested amount would be returned at the end of the second year. Here, the investment proposal is fulfilling the criteria of being free from risk of currency and real estate but the return from investment depends on the economy of the Germany so the return cannot be regarded as certain because of many reasons. Merits of investing: The Anson Ltd is offering higher rate of return of 24% within a shorter span of time. There are no uncertainties in the German market and the investor would not face any real estate risks. The investor would also be fully covered under the insurance coverage policy. Mr. X can be sure of the return except for the unseen or unhappening contingencies that may arise in the economy of the Germany. Demerits of investing: It is known that the return from any investment is not free from risks. The expected return from Anson Ltd is not guaranteed. The return is also affected by several other factors such as political risks and the political situation of any country can change instantly. With the help of this information, Mr. X is keen on investing in opportunities, which provide a insurance covering and high return. In addition, the merits and demerits of investing in German firms the following could be concluded. In addition, the investment opportunity is lucrative and could provide the required return, which is needed by Mr. X to support his future endeavors. However, the investment opportunity mainly depicts high returns, which could be enjoyed by Mr. X on a single portfolio. Moreover, the overall investment in single German firm might increase the risk exposure of the portfolio, which in turn might reduce return from investment. In addition, the overall opportunity could help Mr. X generate around 0.156 million in 1st year. This projected income from investment could eventually help Mr. X to generate the required return from investment. Moreover, the main limitation of investment is that the overall inflation of Singapore mainly rises at 3% per annum, which might negatively affect the yearly income generated from investment. Investment in Anson Home Pte Ltd and Everstrong National Bank Ltd could only provide return from investment but also increase the relative risks. The options to invest in the given options and it depend on the tendency or nature of the investor making the investment (Baker Ricciardi 2014). Furthermore, the overall portfolio division, which is suggested by ENBL, is as follows. Local stocks= 65% Bonds = 15% Foreign stock = 15% Cash and foreign currencies equivalent= 5% The allocation of asset as per the above proposition of the investment option Asset allocation for Mr. X, as advised by Mr. Billy = (.65*1.3 + .15*1.3 + .15*1.3 + .05*1.3) = ( .845 + .195 + .195 + .65 ) Table 1: Depicting the portfolio construction of Mr. X (Source: As mentioned in the case study) Moreover, the suggested portfolio management mainly portrays the overall return generation, which might be generated for Mr. X by financial advisors in ENBL. Local stocks= 20% Bonds = 10% Foreign stock = 45% Foreign Fixed interest rate bonds = 20% Cash and foreign currencies equivalent= 5% The allocation of asset as per the above proposition of the investment option Asset allocation for Mr. X, as advised by Mr. Billy = (.20*1.3 + .10*1.3 + .45*1.3 + .20*1.3 + .05*1.3) = ( .26 + .13 + .585 + .26 + 0.065 ) Table 2: Suggesting the portfolio construction of Mr. X (Source: As created by the author) In addition, with the help of table 2, the overall new portfolio could be effectively depicted for Mr. X, which might help in generating higher return from investment. In addition, the recommended investment opportunity might be helpful in improving profitability of Mr. X. Moreover, the suggested portfolio mainly depicts an increase in investment in foreign equities and fixed interest rate bonds, which might help Mr. X to generate higher revenue. Figure 1: Comparing the return from investment (Source: ) Figure 2: Comparing the return of SP 500 index with Emerging market (Source: ) In addition, with the help of figure 1 and 2 the overall return, which could be generated from emerging market than investment in developed market could be effectively evaluated. In addition, the portfolio of MR. X could increase its exposure in foreign emerging market equities to get a higher return from investment. Moreover, the overall risk that might be generated from equity investment could be effectively decreased from investment in interest rate bonds. These adjusted risk exposure to the portfolio might mainly increase the overall profitability from investment and reduce investment risk. Baker Ricciardi (2014) mentioned that with the help of effective portfolio analysis the overall risk from investment could be decreased, which in turn might help in generating the required return from investment On the other hand, Bergin and Pyun (2016) criticizes that during an economic crisis the overall investment analysis might lose its friction and hamper capital of the investor. In addition, it is financially rewarding to make an investment in other economy and buying in the company, which might provide with the boost required to achieve the financial goals. There are a lot of risks and uncertainties involved in investing in foreign company. However, investing in a bank would be safer as it is guaranteed by the authorized body and mainly because it is making an investment in the diversified portfolio. Mr. X would be recommended to make his available fund to invest in Ever strong National Bank Ltd. however, the rate of return is not as high in the prior option but the return is expected to grow on an average of 7%-12%. There are risks involved in making such investment but it is lesser than making investment in Anson Ltd. This is because , the risk associated with making investment with the national bank can be mitigated by implementing the tool of asset allocation where the proportion of money invested in a particular securities is altered as per the perform ance of the stocks in the portfolio. The risk can also be mitigated and the return is maximized by building the portfolio of such assets whose return is not correlated. When the portfolio is not generating good return, then it can be rebalanced by including and excluding the assets, which is affecting the performance of the portfolio. Reference and Bibliography: Baker, H. K., Ricciardi, V. (2014).Investor behavior: The psychology of financial planning and investing. John Wiley Sons. Bergin, P. R., Pyun, J. H. (2016). International portfolio diversification and multilateral effects of correlations.Journal of International Money and Finance,62, 52-71. Cumming, D., Helge Ha, L., Schweizer, D. (2014). Strategic asset allocation and the role of alternative investments.European Financial Management,20(3), 521-547. Dolvin, S. D. (2016). Asset Allocation, Risk Tolerance and Shortfall Risk. Hermes, N., Lensink, R. (2013).Financial development and economic growth: theory and experiences from developing countries. Routledge. Kashyap, A. (2014). Capital Allocating Decisions: Time Value of Money.Asian Journal of Management,5(1), 106-110. Shim, J. (2013). Bank capital buffer and portfolio risk: The influence of business cycle and revenue diversification.Journal of Banking Finance,37(3), 761-772. Treynor, J. L. (2016). Long-Term Investing.Financial Analysts Journal,72(4), 7-10.

Company Accounting

Question: Write a memorandum to the board of directors of Medibank Ptv Ltd. it must be memorandum form. report form not mark. Answer: Medibank private limited To: The Board of Directors From: MEDIBANK private limited Date: 25.05.2016 Subject: Memorandum of technical aspects consolidation including annual report with financial statements of the group The main business operation of the group focuses for providing the best health care service with the rising cost. It also focuses on the proper benefit claims that are arranged on the further cooperation with the creation of large and sustainable health care benefits for the growth and increment of the sustainability in the rising market competition (Elliott and Elliott, 2008). It also helps in signifying the values and the overheads management for the creation of proper benefits for the company or the group. Strong performance and the provision of the high quality health care are included for the proper enhancement of the business operations. The group consists of the members that include the community, team and the shareholders that creates support for the company and makes the company to feel proud for the creation of the MEDIBANK Community Fund (Epstein and Lee, 2011). Apart from all these, the company is also enhanced by the innovative ideas provided by the members for the proce ss of innovative implementation. The consolidated statements are helpful for the creation of the limitations which are created for the companys financial statements. It is constructed both by the parent entity as well as the subsidiary entity for the proper maintenance of the individual structures in the group (Holton, 2012). Thus, it facilitates the usage of the enhancement that is created for the proper growth of the business group. Since the subsidiary statements are legally separated from the group, it represents that claims cannot be made by the parent for the increment of the profits in the subsidiary organisation. Hence in this case, MEDIBANK private limited could not claim on the profits that are earned by the MEDIBANK Community Fund (Kieso, Weygandt and Warfield, 2011). It creates the significant differences that in one way are helpful for the company for the considerations of the risks evaluations made during its own evaluation. Thus, the company creates a safeguard for itself for the proper continuation o f the regulations regarding the maintenance of the information related to the financial statements of the company. Henceforth the consolidated statements are prepared by parent entity and the legal entity is created by the subsidiary company (Kieso et al., 2010). There are several different types of funding options available for the business organizations in order to raise requisite finance for the necessary business activities of the company. The companies use to raise fund from the banking institutes, besides this, the companies issue share and debentures for raising funds from the public (Kimmel, Weygandt and Kieso, 2007). Debenture is a debt fund, and for the debenture the companies have to give a fixed interest to the debenture holders, when the term of the debenture will be completed and the companies are obligated to provide this interest along with the capital to the debenture holders in any case whether the companies are making profit or not. Besides this, if the company incurring loss then also the company has to pay the amount capital along with interest to the debenture holders (Spiceland, Sepe and Nelson, 2011). The Medibank is an insurance company, which is mainly focus on the health insurance and it is Australias biggest privat e health insurance company. The company is using both the funding instruments shares and debentures in order to raise fund from the market. For shares the company has to pay share of the profits to the share holders but in case of loss the share holders has also incur the loss (Stittle and Wearing, 2008). Besides this the company has dedicated investors and bankers, from where also the company raise requisite fund for the required activities. The company has to provide bonuses to the shareholders and debentures holders in case of profit. The Medibank Private Limited Company is the owner of the Medibank Health Solution Pty Ltd. The general purpose of the financial statements is to provide information to the users of the financial statements and it is prepared as per the Australia Accounting Standards. The financial statements should be complying with the International Financial Reporting Standards as issued by International Accounting Standards (Warren, Reeve and Fess, 2005). The financial statement of the company reveals the corporate governance statement in order to maximize the corporate performance, maximum returns to the shareholders and its value, sustaining the development and success of the company. It includes risk management processes, corporate governance practices and policies and risk management processes. The audit committee analyses the financial statements of the organization in order to determine the value of the company as well as its performance in the current market environment (Wolf, 2008). The sustainability of the organization can be determined and evaluated on the basis of the inform ation given in the financial statements. The income statement shows the expense, income and profit or loss of the company. It helps to determine the long term performance of the company. The annual report can be categorized as financial, regulatory, strategy and operational risks and it also includes economic sustainability risk. The solvency risk of the company can be analyzed with the help to calculating current ratio, debt equity and financial leverage ratio from the information given in the financial statements (Elliott and Elliott, 2008). The non controlling interest is the amount of interest on the outstanding shares of the organization. The non controlling interest is shown in the balance sheet of the company. The non controlling interests are the amount paid on the outstanding shares of the company within the accounting year. The excess of transferred consideration and amounts of the non controlling interests in acquire over fair value of the share of the group of net assets acquired which is recorded as the goodwill (Epstein and Lee, 2011). On acquisition basis, the group determines the non controlling interests to acquire either at the fair value or at proportionate of the non controlling interest of net identifiable assets of the acquiree. The consolidated balance sheet of the company shows the non controlling interest. The balances, unrealised gains and intercompany transactions between the group organizations are eliminated and the unrealised losses are eliminated till the transaction provides the impairment o f transferred asset. The goodwill use to be improved by the acquisition activities performed by the companies as it indicates good financial health of the company. As at the time of the better financial position the companies use to intend to acquire other companies (Holton, 2012). When the company by the efficient acquisition strategy achieve a good acquisition of a promising company then the reputation of the company is immensely increased. Thus, the acquisition strategy of the company has direct relation on the goodwill of the company. In bargain purchase any of traders either the buyer or the seller use to gain. In case of able to reduce the rate of the object the buyer achieves gain and if the rate of the object is not reduced then the seller do gain. In the financial statement, when the company buy any important thing or sale any important thing then it can be find (Kieso, Weygandt and Warfield, 2011). The foreign currency transactions are taking place in the case of the company MEDIBANK private limited. Thus the risks are also evaluated relating to the foreign currency transactions, for the creation of the growth of the company MEDIBANK private limited. The foreign currency contracts and the other related instrument derivatives are traded by the company. For the proper continuation of the trading, the company MEDIBANK private limited reviews its policies for the betterment of the foreign currency exchanges that also helps in forecasting the growth of the company and also enhances the growth of the limits and the credit expenditures. The trading of the exchanges is also included for the company MEDIBANK private limited which helps n the proper initiation of the expenses (Kieso et al., 2010). Thus it also helps in the initiation of the interests that are created by the company for the proper enhancement of the investments. The companys risks are also related to the foreign exchanges that are created for the enhancement of the policies. The subsidiary company that are referred for the foreign subsidiary are the MEDIBANK Community Fund and the HATCHTECH Pty Limited. The HATCHTECH Pty Limited is a company of Biotechnology that is related to the international Federation of the Health plans. The other subsidiaries for the company are the Australian Health Management Group Pty Ltd and MEDIBANK Health Solutions Pty Ltd with their individual companies is also related to the growth of the company. As per the accounting of the financial statements, these companies consist of the current balances which consist of the ordinary shares (Kimmel, Weygandt and Kieso, 2007). It also helps in the generation of the proper structures for the environment and thus it also helps the company MEDIBANK private limited for the proper continuation of the foreign exchanges. According to the Australian Security Exchanges or ASX, the company seems to have the growth with the ongoing years and the financial statements of the company MEDIBANK private limited is seemed to be providing the increment of the benefits that advantageous for the employees. In the year 2014, the benefit of the company is seemed to be 3.9 million but in the year 2015, the benefits achieved by the company are seemed to be 5.1 million (Spiceland, Sepe and Nelson, 2011). Thus, the company MEDIBANK private limited is seemed to be in a state of maximal profit achievement that is gained by the foreign exchange trades and the internal trading. Hence forth the company can be able to strengthen the base and also helps in securing the future perspectives and the benefits of the company. Thus it also helps the company to be benefitted by the removal of the challenges that are forecasted by the financial statement of the company MEDIBANK private limited. References Elliott, B. and Elliott, J. (2008).Financial accounting and reporting. Harlow: Financial Times Prentice Hall. Epstein, M. and Lee, J. (2011).Advances in management accounting. Bingley, UK: Emerald. Holton, R. (2012).Global finance. Abingdon, Oxon: Routledge. Kieso, D., Weygandt, J. and Warfield, T. 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