Heart of Darkness Lit. Journal - 1712 Words

Heart of Darkness: Literary Vocabulary Journal Directions: As you read Heart of Darkness, you will note examples of important literary devices used by Conrad in the text. First, find the definition and fill them in the table below. Then, find and example from the text. You can find definitions on the internet (using a literary terms dictionary). Or in a Literary Dictionary. Online Literary Dictionary: http://web.cn.edu/kwheeler/lit_terms_A.html Term/Definition: Example from the text: Brief Explanation as to How Example creates Meaning in the Text: Page #: Archetype: the original pattern or model of which all things of the same type are representations or copies â€Å"I’ve seen the devil of violence, and the devil of greed, and†¦show more content†¦Page 18 Stream-of-Consciousness: Writing in which a characters perceptions, thoughts, and memories are presented in an apparently random form, without regard for logical sequence, chronology, or syntax ‘â€Å"I was thinking of very old times, when the Romans first came here, nineteen hundred years ago - the other day†¦Light came out of this river since - you say Knights? Yes; but it is like a running blaze on a plane, like a flash of lightning in the clouds. We live in the flicker - may it last as long as the old earth keps rolling! But darkness was here yesterday†¦Ã¢â‚¬ Ã¢â‚¬â„¢ This is when Marlow starts discussing and contemplating the theme of the story and how those from the past must’ve gone insane when faced with their own mortality and desperation, the terrors of sickness and insanity, the seclusion in the wilderness such as the sea or the jungle. Page 7 Style: The authors words and the characteristic way that writer uses language to achieve certain effects â€Å"†¦he began again, lifting one arm from the elbow, the palm of the hand outwards, so that, with his legs folded before him, he had the pose of a Buddha preaching in European clothes and without a lotus flower -† Rather than plainly stating â€Å"he sat down,† Conrad puts a mouthful of wordsShow MoreRelatedHeart of Darkness by Joseph Conrad vs. Things Fall Apart by Chinua Achebe1476 Words   |  6 PagesHeart of Darkness by Joseph Conrad and Things Fall Apart by Chinua Achebe are two novellas written to make a statement about the struggles of early societies. Both stories stir up moments of hope, anger, disappointment, despair, and enlightenment in an attempt to inform the reader of the injustices and societal differences during the 1800’s. Heart of Darkness tells the story from a European Colonist perspective while Things Fall Apart illustrates the outlook of the African tribe member being colonizedRead MoreSanity of the Narrator in The Tell Tale Heart by Edgar Allan Poe766 Words   |  4 PagesSanity of the Narrator in The Tell Tale Heart by Edgar Allan Poe In Edgar Allen Poes The Tell-Tale Heart we question the sanity of the narrator almost immediately, but we cannot prove either way whether or not he is insane. I have read a lot of Poes work although not all of it. His mysterious style of writing greatly appeals to me. Poe has an uncanny talent for exposing our common nightmares and the hysteria lurking beneath our carefully structured lives. I believe, for the most part, thatRead MoreThe Importance Of The Symbol System Of The Msm Liturgy On Holy Friday1574 Words   |  7 Pageseffectiveness of the symbol system which was imperative as it formed the basis of the report and enhanced the credibility of the report findings. 2.2 Secondary Data The main sources of secondary data included a combination of book sections, websites and journal articles which were all used to support the findings of the primary data. All sources were reputable as they were recent documentations written or published between 2011 and 2016 with an exception to one source which was produced in 2003. All theRead MoreFahrenheit 451 Dialect Journal1653 Words   |  7 Pagesï » ¿Kristine Pham H. Freshmen Lit Composition Summer 2014 Dialectic Journal Assignment FAHRENHEIT 451 TEXT CHAPTER PAGE RESPONSE (Question, Predict, Connect, Clarify, Reflect, Evaluate) With the brass nozzle in his fists, with this great python spitting it s venomous kerosene upon the world, the blood pounded his head, and his hands were the hands of some amazing conductor playing all the symphonies of blazing and burning to bring down the tatters and charcoal ruins of history. ChapterRead MoreJames Joyce’s Dubliners Essay1493 Words   |  6 Pageseverywhere. One day, Mangan’s sister finally talks to the boy. They chat about the bizarre, and he promises to go and buy her something. While she speaks to him, he notices how the light â€Å"caught the white curve of her neck, lit up her hair that rested there and, falling, lit up the hand upon the railing† (45). As they speak for the first time, he is quite literally seeing her in a new light. After some convincing and waiting, he is finally cleared to make the journey to the bizarre. He arrives, howeverRead MoreAn Analysis Of Edgar Allan Poe s `` The Raven, And The Pit And The Pendulum 1872 Words   |  8 Pagesthey read it, and also based off of their personal backgrounds. Edgar Allan Poe’s stories are described as â€Å"disturbing† with disturbed characters. His stories are meant to bring chills down the spine. Most of them are based on death, and the darkness it br ings to the mind and how it affects your mental state. There is not life without death, and Poe really exaggerates this in his stories. Edgar Allan Poe was born on January 19, 1809. He was born in Boston, and his parents were both actorsRead MoreOrson Welles’s Citizen Kane (1941) and Akira Kurosawa’s Rashomon (1950)1852 Words   |  7 Pagesstructure that is already in ruins shows how selfish and silical he is. Rains represent darkness and evilness present in the world. Rain symbolizes the downpour of disturbed emotions that we witness at the gate. In one of the films most beautiful scenes, the wife kneels next to a stream that runs through the forest. The most obvious meaning of this seems to be of the beauty that can be found even in the heart of a moral wilderness. Sun in the end, represents winning of good over bad. In the end ofRead MoreA Dance of the Forest4738 Words   |  19 Pagesof ‘ritual’ theatre where a fundamental anxiety manifests itself in members of the audience over whether or not the protagonist will survive confrontation with the forces of chaos which now exist in the arena of performance space. International Journal of Arts and Sciences 4(1): 105-113 (2011) CD-ROM. ISSN: 1944-6934  © InternationalJournal.org In the analysis of Soyinka’s Myth, Literature and the African World which is for readers of Soyinka’s plays, a sourcebook on his philosophical, poetic andRead More Juxtaposing the Most Similar Contradiction in Edgar Allan Poes Work2077 Words   |  9 Pagesmasked man, who has the visage of a corpse, the characters have begun to understand that death had come to get them at last. In the story, death is synonymous with the outside as proposed by Martin Roth in his article in the University of Wisconsin Journals. Roth describes the Red Death as â€Å"an invader from the outside† solidifying the idea that escape is futile (Roth 50). Had death been inside, the idea would have been that death was always there, â€Å"...inescapable despite one’s social status and allRead MoreSpeech Choir2951 Words   |  12 Pagesearths nirvana, The ninth cloud of the nation, The seventh heaven like no other. Hear ye, hear ye! Make some noise for this is Mandaue City Science High School - Home of the legendary and visionary individuals. http://kathrine1emo.multiply.com/journal/item/16/Speech-Choir-Piece The Resiliency of a Filipino by William G. Bacani B : Filipino is resilient G : Since time immemorial, we are tested by countless calamities; volcanic eruptions, devastating earthquakes and lahar flows, super typhoons

Technology And The Ancient Civilization - 2113 Words

Before there were tanks, machine guns, windmills, and solar panels, the first civilizations emerged that helped create the history of humanity which provided the larger context for Western Civilization. Uses of weaponry and technology were used very differently in the ancient civilizations than they are today. Relating back to the times of the Ancient Mesopotamian Civilization, technology kept advancing throughout the Ancient Egyptian Civilization into the Ancient Greek Civilization, and then finally the Ancient Roman Civilization. As techniques and strategies were past down from civilization to civilization, each shared its own similarities, as well as varied differences. One trait they had in common was to commit violence and economically overpower one another. Technology has ultimately advanced due to the knowledge transferred from generation to generation. Uses of sophisticated weaponry and devices have created more opportunity for warfare and improvement in the work place. Ancie nt civilizations became more powerful due to the advancements of technology. Technology did not only create the use of violence, but it also helped the economies grow and become stronger, because production of trading goods rose like never before. The rivers, such as the Nile, Tigris, and Euphrates all flourished, as well as destructed civilizations. Each civilization had different uses for these rivers, however, some benefitted more than others. When analyzing ancient civilizations, thereShow MoreRelatedAncient China Versus Ancient Greece Essay1008 Words   |  5 PagesAncient China Versus Ancient Greece Ancient China and Ancient Greece were two vastly different civilizations with different cultures; they shared a multitude of similar political, economic, and philosophical achievements while also inholding multiple differences. The centralized government of China differed from the independent city-states of Athens. A similarity that both civilizations held in regards to politics would be the role, or lack thereof one, that women played within their respectiveRead MoreAncient Greece : A True Civilization1507 Words   |  7 PagesGreece A True Civilization Joshua Soifer and Remy Dunn Eurasian History Mr. Yamada October 6 2017 As the politician and bishop Stephen Gardiner once claimed, â€Å"The center of Western culture is Greece, and we have never lost our ties with the architectural concepts of that ancient civilization†. In many ways, through their academic pursuits, philosophical ideologies, or advanced trade systems, Ancient Greek culture has proven to be the foundation for Western culture. Ancient Greece wasRead MoreAncient Rome And The Han Dynasty In China1279 Words   |  6 PagesLauren So 11/24/17 DBQ ESSAY During the Classical Period, Ancient Rome and the Han Dynasty in China were two prospering civilizations. On one hand, there was Ancient Rome, which was a civilization in the Mediterranean area that had been able to last about one-thousand years. Ancient Rome was also considered to be one of the most influential civilizations. The Han Dynasty on the other hand lasted four-hundred years and instead of being the most influential society, the Han DynastyRead MoreImpact Of The Barbarians On Ancient Civilizations1576 Words   |  7 Pageskilling people and pillaging villages and towns. The barbarians, Vikings, and the Mongols often don’t receive credit for the ways that they positively impacted ancient civilizations. Even though the barbarians, Vikings, and the Mongolians impacted ancient civilizations in positive ways they also did some things that impacted ancient civilizations in negative ways. When most people hear the word â€Å"Barbarian† they often think about the negative things that barbarians have done instead of the positive thingsRead MoreEssay on Compare/Contrast China and India896 Words   |  4 PagesChina and India China and India were both very advanced ancient civilizations. Both agricultural based civilizations made various technological advances. Although China and India shared many similarities, they had differences such as the social system, politics, and the importance of trade in the economy. The hierarchy of ancient China and India were similar with a noticeable sign of select individuals being considered â€Å"higher† then others. The caste system was strict in India and prohibited otherRead More The Lost City Atlantis1338 Words   |  6 PagesIntroduction We have all heard about the legend of Atlantis. It’s said that Atlantis was an advanced civilization with highly developed economy and technology. But one day, catastrophe occurred in sudden. Atlantis entirely sank beneath the waves in only one day and one night. In thousands of years, Atlantis has caught the imagination of people from all over the world. Many adventurers, historians and anthropologists spent their whole life trying to open the mysterious veil of Atlantis. But hasRead MoreThe Main Contributions from Greek Society Essay572 Words   |  3 PagesThe Greek civilization was the first European civilization. At this point in time religion is not prevalent or influential. The European religion was borrowed from the Middle East. There are two main contributions from the Greek civilization. They were politics and secular. Polis the Greek word for city state is where politics came from. They had modern politics with the first democracy. It was divided into city-states that rule themselves in a democratic fashion. With this they have the majorityRead MoreHow Did The Technology Of Roman Empire Impact It?1741 Words   |  7 Pagesneighboring countries. They revised battle tactics, weapons, legions, but mostly technology to emerge as an undisputed leader of the Mediterranean. The Roman Empire was eager to find new ways, new technology, to help the empire grow beyond imaginable. Arches, military weapons, and basic technology were all created by the Empire. However, the question trying to be answered is, â€Å"How did the technology of Roman Empire impact it?† Technology was any invention that helped ease the lives of many or wars to be finishedRead MoreIncas Versus The Aztecs And Mayans Essay1315 Words   |  6 PagesSpanish conquerors such as Spaniard Francisco Pizarro (1475-1541) and the spread of small box. At the peak of power the civilization extended 4,000 km (2,500 miles) and included 16 million people. They were extremely advanced, ha d an army, laws, roads, bridges, and tunnels. Inca’s were the most advanced civilization because of their government, agriculture, architecture and technology compared to the Aztecs and Mayans. There are many aspects to the government hierarchy. The Inca government at CuzcoRead MoreImportant Inventions Of Ancient History915 Words   |  4 Pagesinventions in ancient history. We will explore their impact and see what kind of consequences they have had on the people around them. !!!Technology and Inventions When you and I hear about technology, we usually think about things like computers and phones. But did you know that technology has existed since the beginning of history? __Technology__ is simply using knowledge for practical purposes. Technology means using knowledge to make a task easier. Inventions are important pieces of technology. An __invention__

Management of Diversity Free Essays

MANAGEMENT OF DIVERSITY WITHIN AN ORGANIZATION Written and presented by: Tyson Johnson Charles Bushell Kori Greaves Introduction When most people envision diversity, the first things which come to mind are age, sexual orientation, race and gender. In Workforce America! Managing Employee Diversity as a Vital Resource, diversity is defined as: â€Å"otherness or those human qualities that are different from our own and outside the groups to which we belong, yet present in other individuals and groups. â€Å"The dimensions of diversity are further expanded but not limited to: age, ethnicity, gender, race, physical abilities/qualities, sexual orientation, education, geographical location, income, marital status, religion, work experience, military involvement. We will write a custom essay sample on Management of Diversity or any similar topic only for you Order Now † (Loden and Rosener 1991; 18-19) Principles and Objectives To address diversity issues directly one must question: What policies, practices or current strategies within our organizational culture have differential impact on different groups? What organizational changes should be made to meet the requirements of a modern diverse workforce and maximize the potential of all workers? The Key Principles and objectives of The Organizational Diversity Plan are as follows: * Promote awareness of workplace diversity within the organization (acceptance) * Develop and maintain a highly skilled and efficient workforce where the value and motivation of employees is present across the board * Develop a supportive environment where staff have a balance between work and their personal life * Provide a prejudice and harassment free working environment * Include diversity management principles in recruitment processes The Solution Acceptance of diversity: First and foremost, management must acknowledge that their working environment encompasses a wide variety of people. It is often difficult to see what part diversity plays in a specific area of management and how it relates to the development and success of the organization. A manager must understand that in the modern world, where migration due to education and opportunities is prevalent, diversity is an inevitable issue and must be handled in such a way that the organization can benefit and succeed. Development and maintenance of workforce: To develop an efficient team, a leader must be established within each team, group or department. The most effective team leaders build their relationships with workers through trust and loyalty as opposed to fear and power. A manager should consider the suggestions and ideas of all his employees. No idea should be considered as unworthy or idiotic. Employees should be made to feel like they belong and are part of the bigger picture. One should always seek chances to mediate and solve minor disputes before they get out of hand. This leads to greater harmony and a step towards achieving company goals. In mediating, directives should be clear and concise and must take into consideration everyone’s differences and views. The contribution of each team member should never be undervalued and the manager must remind his employees about the importance of his/her job to the success and development of the business. Employees should work on creating solutions on their own. This develops communication and builds a stronger bond. As a supervisor your initial priority in problem solving is stimulating debate. Employees are often afraid to disagree with one another and this may result in poor decisions made. Debate inspires creativity which further leads to a workforce which thrives on cohesion and efficiency. Develop a Supportive Environment: The working environment is always an important variable in having a productive staff. Diversity introduces many struggles including trying to maintain a balanced environment for employees. One must accept the fact that there is life outside of the workplace regardless of timelines and working hours. Families must be attended to, social activity to be maintained. It is up to management to forge a bridge between work and personal life in such a way that productivity is still maintained at a high level but with minimal stress. * The introduction of after work care for children of staff, will allow staff to continue to work outside of normal working hours but still be able to take care of their children. * Staff parties or outings are always a good idea to address the need for social interaction. This also gives workers a chance to understand different cultures and personalities of their colleagues. * Religious beliefs, and sexual orientations must be accepted and care taken to respect them. Prejudice and harassment free organization: The main problem realized with diversity is discrimination which comes in many forms. There should be a zero-tolerance policy with relation to prejudice or harassment of any kind. Regardless of race or culture or gender, each employee was hired for a particular set of skills or envisioned potential they could offer to the organization and they should be allowed to display and hone them. Discrimination breeds separation and breakdowns in communication which impacts very negatively on the productivity and advancement of any business. Where discrimination is identified as an issue, all efforts should be made to address the situation(s) as quickly as possible. Discipline must be swift and – in extreme cases – harsh in order to set the standard for further issues. Diversity management principles in recruitment: During recruitment and interviewing processes, management must bear in mind that everyone must have the same access to opportunities and ensure that a nondiscriminatory standard is used for the selection process. This can be aided by: Forming diverse selection committees to ensure bias free selection * Salary and incentives should be offered equally regardless of ethnic origin or sexual orientation * Make sure there is equal opportunity for both men and women Conclusion Management of diversity is one of the key goals of the modern organization. It is extremely important to comprehend how the dynamics of diversity affect performance, productivity, motivation and success within the business and le arn how to merge them. Some human resources policies and structures have created or presented barriers in an effort to mask the problem but this is far from the solution. These blockades must be removed to allow free interaction and communication between staff and staff and employer. Diversity is not a problem, but actually an aid in the development and advancement of an organization. As with any introduced policy, there is a need for continuous monitoring and evaluating. The modern business environment and attitudes contained are constantly being changed and molded. Bibliography Loden and Rosener – 1991 Oxford University Human Resources Department Equality, Diversity and Inclusion: An International Journal – Ratsamy Phomphakdy, Brian H. Kleiner How to cite Management of Diversity, Papers

Contemporary Important Accounting Business â€Myassignmenthelp.Com

Question: What Are The Contemporary Issues Important Accounting Business? Answer: Introduction The organizations in the current scenario need to adhere to the policies and regulations framed by the statutory boards. This helps the company in projecting the information that is correct and helps to create a positive impact. Moreover, disclosure leads to creation of goodwill and enable a higher level of transparency. Going by the level of complexity, it can be seen that the companies need to provide information to the stakeholders and both the financial, as well as non-financial information needs to be provided to the related parties (Deegan, 2011). Further, the information is assessed considering the concept of prudence, substance, materiality etc. Hence, it is of utmost importance that the statement must adhere to the conceptual framework. The same is indicated in the report through the selection of Woolworths and Qantas both listed on the Australian Stock Exchange. The disclosures by both these companies are studied in an effective manner and various concepts are studied in th e light of these two selected companies. Adherence to AASB standards and conceptual framework requirements The AASB (Australian Accounting Standards Board) is an organization whose prime work is maintenance and development of reporting standards that are applicable to entities in both private and public sector of the Australian economy. It utilizes a conceptual framework in order to analyze and develop accounting standards. In addition, based on the Australian Accounting Standards, it is mandatory for such previously mentioned companies to comply with the conceptual framework (Titman et. al, 2011). Nevertheless, the qualitative characteristics of helpful financial information apply to financial information offered in the financial statements. Taking into account the compliance and concepts, Woolworths Ltd and Qantas Airways have been selected, and their annual reports have been discussed in a thorough manner. Based on the materiality concept, information can be considered as material if misstating it or omitting it can influence decisions. Therefore, from the annual reports of both companies, it can be seen that they have complied with the ASX recommendations and principles of corporate governance in order to comply with conceptual framework requirements. Secondly, based on the faithful representation concept, both the companies have complied with the same qualitative characteristic (Zeff, 2007). This can be proved by the fact that both companies have offered a written declaration of their respective directors stating the fact that their annual report presents a true and fair view of their performance. Both companies have also adhered to section 295A of the Corporations Act 2001 to give evidence of the same. Similarly, both the companies have also adhered to the relevance characteristic of the conceptual framework in their annual reports. This can be proved by the fact that both have prov ided both financial and non-financial details in their reports that are relevant in nature or have a potential to influence the decisions of users. For example, Woolworths Ltd has provided a separate section under its remuneration report stating the particulars of their directors interests in performance rights and shares of the company. Similarly, Qantas Airways have also offered relevant details regarding their non-audit services provided during the year in addition to other statutory duties (Woolworths, 2016). The company has also certified that such non-audit services provided by the company are in compliance with the Corporations Act 2001. Lastly, both companies have also given due preference to a reliable characteristic of the conceptual framework so that users can make appropriate decisions based on the same. For example, Woolworths has offered material facts associated with their departure from Home Improvement and segregation of EziBuy and BIGW with each other. Despite knowing the fact that disclosure of such details can affect its financial performance, the company has not hesitated in disclosing the same. In the same way, Qantas has provided reliable information by proving how its earnings had enhanced. It had depicted that due to minimization in ex-fuel unit costs and revenue advantages from Qantas Transformation Program, the company had attained benefit in terms of revenues (Qantas, 2016). It can also be observed from the annual report of Qantas that its items of PPE (Plant, Property, and Equipment) are measured at cost minus impairment losses and accumulated depreciation. Besides, such items are initially recorded at fair value of the amount offered in addition to any incidental expenses incurred with the acquisition. In contrast to this, the PPE of Woolworths is recorded at cost less impairment losses and accumulated amortization. Moreover, there is one similarity betwixt the depreciation method of both the companies. It can be witnessed that even though the PPE of both companies is recorded on a different basis, yet their depreciation method is same. The depreciation method of both companies is done through a straight-line basis method (Spiceland et. al, 2011). Conceptual framework revision to remove disparities in corporate reporting The concept of prudence can be utilized as a synonym for conservatism concept. Everyone in his or her day-to-day life uses this concept. In simple words, prudence means to avoid unwanted outcomes or consequences by being careful or cautious (Fields, 2011). In accounting, this concept has long been regarded as one of the most significant concepts in the determination of time for recognition of revenue. Based on the prudence rule, gains must not be expected unless their realization is immensely probable. However, recent revision in the Generally Accepted Accounting Principles has resulted in an accusation from academic critics to the IASB for abandoning the concept back in the year 2010 (Ibrahim et, al, 2013)). This proves the fact that such revision was being made because there were various deficiencies in the conceptual framework for financial reporting The prudence concept can be easily witnessed in the annual reports of both the companies. Since its revision in the year 2015, companies have adhered to the conceptual framework by fulfilling every qualitative characteristic in order to be more transparent to its users. In relation to Woolworths Ltd, the basic engagement of AASB 9 can be witnessed in the affairs of the company. The specific engagement of the accounting standard guidelines plays a key role in offering an option for measuring every investment in equity instruments at their fair value, thereby assisting in identifying the probable alterations in the form of other comprehensive gains of the company. The impairment losses of the companys intangible assets are measured in their upcoming levels and are analyzed at regular intervals in order to make sure that the amortization figures are not overstated (Samaha Dahaway, 2010). Similarly, in relation to Qantas Airways, this concept of prudence can be easily observed in its se ction of Notes to Financial Statements (Qantas, 2016). In this section, it can be seen that the company has implemented a prudent vision wherein it will raise a provision for operating leases on premises and other customer contracts. The reason behind such step is the costs that are overcoming the contractual obligations of financial benefits intended to be achieved (Davies Crawford, 2012). Hence, with the help of such step, it can avoid its revenue figures from being overstated. Considering all these scenarios, it can be stated that prudence assists in recognition of revenue in the proper sense. In the absence of prudence, assets and income will become exaggerated and liabilities and expenses will be degraded (Melville, 2013). These can create various disparities in corporate reporting that can break the trust and reliance of users on the companys financial statements, as it will result in a material misstatement, thereby resulting in bad decisions on the part of such users (Horngren, 2013). Comparison and contrast between Qantas and Woolworths There are various similarities and dissimilarities between the annual reports of both companies. Firstly, both companies are listed on the ASX and adhere to the corporate governance principles of the ASX. Secondly, both companies have adhered to section 295A of the Corporations Act 2001. Thirdly, the depreciation method followed by the companies is similar in nature. The only key difference is that Qantas does not take into account freehold land while computing its depreciation. Fourthly, both companies have taken an opportunity to disclose their corporate governance statements on their respective websites. Lastly, both the companies implement due care while providing material information to their users. This is because both believe in safeguarding the integrity and morality of corporate financial reporting (Graham Smart, 2012). While Qantas achieves a maximum portion of its revenues from the airline industry, Woolworths attains its revenues from liquor retailing. Furthermore, while Woolworths intends to enhance priority and inclusion culture to gain control over its rivals (Woolworths, 2016), Qantas, on the other hand, intends to advance its strategies in order to maximize shareholder value. It also aims to drive tourism and trade, serve many communities, assist small businesses, etc. Lastly, the provisions made by both companies are distinct in nature. While both make a provision for onerous contracts, other provisions are not similar. Woolworths make their other provisions for employee benefits and self-insured risks, and Qantas make their other provisions for leased assets and insurance or legal risks (Qantas, 2016). Recommendation Due to various complications in the current market, the disclosure of material information has become very vital. It is recommended that companies must prioritize relevant information in their financial statements and discard immaterial information because it cannot influence the decisions of users. Moreover, in order to maximize shareholder value, companies must provide them accurate and timely information so that they can place their trust upon the company. Besides, transparency must be implemented between the company and its stakeholders so that issues can be easily taken into consideration through proper communication channels. Nevertheless, compliance with AASB standards and conceptual framework for corporate reporting is the most significant in order to thrive in the market Conclusion From the previously mentioned analysis of both the companies, it can be concluded that compliance with the AASB standards and conceptual framework is very significant to reach desired goals and objectives. This can be possible if proper and timely disclosures are made available to the users of financial statements. Moreover, companies must also be prudent enough to avoid material misstatements in their financial statements, as it can, in turn, hamper the decisions of users. Hence, both the conceptual framework and disclosure measures are vital for the success of a company, as these can balance and ease their performance, thereby maximizing their goodwill in the market. Nevertheless, Qantas and Woolworths have not disappointed in fulfilling such requirements References Davies, T Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Fields, E 2011, The essentials of finance and accounting for nonfinancial managers, New York: American Management Association. Graham, J Smart, S 2012, Introduction to corporate finance, Australia: South-Western Cengage Learning. Horngren, C 2013, Financial accounting, Frenchs Forest, N.S.W: Pearson Australia Group. Ibrahim M, Sweiti Dr. Osama F Attayah 2013, Critical Factors Influencing Voluntary Disclosure: The Palestine Exchange PEX, Global Journal of Management and Business Research Finance, vol. 13 no. 6, pp. 9-15 Melville, A 2013, International Financial Reporting A Practical Guide, 4th edition, Pearson, Education Limited, UK Qantas 2016, Qantas 2016 Annual report accounts, viewed 12 August 2017, https://www.qantas.com.au/infodetail/about/corporateGovernance/2016AnnualReport.pdf Samaha, K. Dahaway, K 2010, Factors influencing corporate disclosure transparency, in the active share trading firms: An Explanatory study, Research in Emerging Economies, vol. 10, pp. 87-118. Spiceland, J., Thomas, W Herrmann, D 2011, Financial accounting, New York: McGraw-Hill/Irwin,University Press. Titman, S, Martin, T, Keown, AJ Martin, JD 2016, Financial management: principles and applications, 7th edn, Pearson Australia, Vic. Woolworths Ltd 2016, Woolworths Ltd. Annual Report and accounts 2015, viewed 13 August 2017, https://wow2016ar.qreports.com.au/xresources/pdf/wow16ar-full.pdf Zeff, S.A. 2007, Some obstacles to global financial reporting comparability and convergence at a high level of quality, The British Accounting Review, vol. 39, pp. 290302