I Will Be Using Emotion Focused Therapy - 1520 Words

I will be using Emotion Focused Therapy, and in particular will concentrate on Attachment Theory within EFT to conceptualize Ally’s presenting difficulties that she came to therapy for. A key premise of Emotion-Focused Therapy (EFT) is that emotion is foundational in the construction of the self and is a key element of self organization (Greenberg, 2004). Emotions are seen as an adaptive form of information-processing and action readiness that orients people to their environment, and promotes their well-being (Greenberg, 2004). The goal of EFT is to use our emotional intelligence in a way that allows our emotions to guide us instead of being a slave to them (Greenberg, 2004). Emotions are important because they inform people that an important need, value, or goal may be advanced or harmed in a situation (Greenberg, 2004). Through our development, emotional experience, culture, and our biologically and evolutionary based internal programs, our emotional responses have created e motion schemas (Greenberg, 2004). These are organized responses and experiences produce units stored in our memory that serve to help us to anticipate future outcomes (Greenberg, 2004). Although our emotional schemes are meant to be adaptive, by helping us guide our actions appropriately, it is clear that due to negative experiences, one can create maladaptive responses/schemas to different types of situations that do not properly inform people about a need, value, or goal appropriately (Greenberg,Show MoreRelatedPsychological Orientation Of Emotion Focused Therapy954 Words   |  4 PagesAs the treating clinician for Alice and Michael using the theoretical orientation of emotion focused couple therapy I would attempt to treat the couple as a system. I would address the couple as a unit and allow Alice as well as Michael to express their interpretations of the distress they feel in their relationship. Emotion focused therapy emphasizes the therapeutic alliance as an integral healin g part of therapy (Tobin, 2016). As a therapist I would strive to address the underlying issues relatedRead MoreHumanistic And Experiential And Emotionally Focused Theories793 Words   |  4 PagesEmotionally-Focused Theories Valencia W. Wright Marriage, Couple, and Family Therapy HUMN – 6356 – 3 Dr. Emmett Roberts Walden University March 20, 2016 Humanistic Theory is the main focus on self, which transcends into â€Å"you† and â€Å"your†, then it will be about your experiences. It was mentioned that a person is free to choose their own behavior than just reacting to environmental stimulants and reinforcements (www.answers.com). Then with Humanistic Theory it is mostly focused on to facilitateRead MoreExperiential : Experiential Family Therapy1551 Words   |  7 Pages Experiential Family Therapy Christine Miller Brandman University Experiential Family Therapy Experiential family therapy is a general theoretical model that has evolved since its beginnings in the 1950’s to include current models like Emotionally Focused Couples Therapy and internal family systems model. Grounded in the belief that dysfunction in the family comes from suppressed emotions, experiential therapy endeavors to create experiences in the here-and- now that will allowRead MoreExperiential Family Therapy : A Humanistic And Existential Based Approach1683 Words   |  7 PagesExperiential family therapy is a humanistic and existential based approach that was founded by Carl Whitaker throughout the 1960’s. Other leading figures who contributed to the development of experiential therapy include: Thomas Malone, John Warkentin, Richard Felder, and Virgina Satir. Two well-known therapeutic approaches have grown from Whitaker’s concepts; these include emotionally focused couples therapy by Leslie Greenberg and Susan Johnson, and internal family systems therapy by Richard SwartzRead MorePerson Centered Therapy : A Humanistic Approach1667 Words   |  7 Pages Abstract Person-centered therapy was founded by Carl Rogers in the 1940s. Person-centered therapy was a humanistic approach different than Sigmund Freud’s psychoanalytical theory. Person-centered therapy was a non-directive approach where counselors guided their clients towards self-actualization in hopes of attaining fulfillment. Rogers (1979) had an optimistic view of the client’s ability to achieve fulfillment under the proper environment. Person-centered therapy counselors were active listenersRead MoreEssay Emotionally Focused Couples Therapy1370 Words   |  6 PagesEmotionally focused therapy is designed to be short-term in structure. Developed principally by Dr. Susan Johnson, the main target of this type of therapy is couples and is focused on expressing emotions. The primary goal of emotionally focused therapy is to create a safe and long-lasting bond between romantic partners and family members while expanding and restructuring significant emotional responses. Partak ers in emotionally focused therapy are emboldened to express their thoughts and emotions in a safeRead MoreLiterature Review of Interventions Used to Help with Emotional Eating1325 Words   |  6 PagesA common behavior that happens amongst women of middle-age is emotional eating. This occurs when women eat to hide their negative emotions. There are a few disorders that are related to emotional eating, which are important to know about to determine if the participant may have the disorder. That way it would be easier for the behavior to be change because of medicines to help. The first one is Binge-Eating Disorder (BED) where a person consumes an insane amount of food in one sitting. The secondRead MoreThe Korean-American Goldilocks of Psychotherapy 1146 Words   |  5 Pagesto help me and I do not need their help anyway† is a common answer given by Korean-Americans when asked why they do not utilize mental health services, such as psychotherapy. This response broadly r eflects two of the predominant reasons why Korean-Americans largely oppose the notion of Western psychotherapy. For one, there is the widespread opinion among the Korean-American population that the psychotherapist or mental health specialist conceives of the problems and solutions using a framework thatRead MoreApplication Of Client For Service As A Helping Professional995 Words   |  4 Pagesbehavior to her children because of her past child abuse trauma. Also, if the is mother overly dependent on a substance to refrain from being aggressive and abusive to her children, would be consider another challenge with this kind of a client. I believe this kind of client would be challenging to service as a helping professional, because of the problems the children are forced experience. As a helping professional there is great compassion for the children in this situation. The client wouldRead MoreQuestions On Suicidal Ideation And A Plan779 Words   |  4 PagesOnce stability is achieved, Tim has the option to explore the origin of his suicidal ideation and participate in trauma focused treatment work. This intervention plan will be implemented with a Solution-focused perspective. This perspective emphasizes the client’s strengths and future as well as a focus on solutions instead of the problems origin. Additionally, Solution-focused is an evidenced based approach shown to be effective when working with depressed individuals. This perspective was chosen

Feminism Third Wave Feminism - 962 Words

Third-Wave Feminism Feminism can have a different meaning depending on who you are and what time of history you are speaking of. Most people think of the second-wave of feminism in the 20th century when women fought for their rights for equality not just in the workplace but also their right to vote. The movement for gender equality was originally viewed as a great effort by women for women. Today feminism is a subtitle of equality. Giving us the new definition of feminism called third-wave feminism or gender equality. Modern feminism means equality for men and women whereas, a century ago, feminism meant that women should have the same rights as men. People are all given the same human rights, yet men and women battle for equality. Genders struggle against each other and also with each other for equality. Women strive for equality in the workplace, and to be heard without being labeled as bossy or aggressive. Women fight in our country to be equal in a position in politics. Some men hide behind societ y’s norms of what a man should be. Society norms say men should not show their feelings, or in any way have feminine traits or roles. Men feel they need to be aggressive instead of submissive. Some feel if they are not portrayed the manly type they are looked at as weak and/or not in control. Feminism is found to be viewed as man-hating, when in fact it is the belief that men and women have the same rights. In his 1869 book, The Subjection of Women, John Stuart givesShow MoreRelatedThird Wave Feminism : First And Second Wave1813 Words   |  8 PagesEssay 2: Third Wave Feminism First and second wave feminists succeeded in legal and social rights. In addition, they achieved the right to vote, higher education, and the right to their own body. Although, third wave feminists obtained these rights, they differentiated from focusing on laws and political processes like first and second wave feminists did. Instead, third wave feminists strived for individualism and diversity. Unlike labeling each other as feminists, the third wave departed from thisRead MoreEssay about The Issues Facing the Third Wave Feminism Movement2102 Words   |  9 PagesAs Third Wave feminism is currently unfolding before us, and its aims encompass a wide array of complex issues, it is often hard to describe what Third Wave feminism is. The feminist theories, mainly associated with First and Second Wave feminism attempt to describe the power imbalances that are found in society, and while doing so expose other oppressions, such as discrimination based on race or sexual orientation. As t his essay attempts to place a clear definition to Third Wave feminism, feministsRead MoreFeminism And The Third Wave Of Feminism1212 Words   |  5 PagesAs the feminist revolution has advanced so has the definition of feminism. In 2017 feminism means something completely different than what it did in the days of women s suffrage. No longer is feminism working on allowing women just to vote. It focuses on intersectionality, gender norms, women s reproductive rights, and so much more. We are in the third wave of feminism. In 2017 most millennials identify with third wave feminism or a variant of the movement and strive to abolish gender roles, patriarchyRead MoreFeminism And The First, Second, Or Third Wave1272 Words   |  6 PagesWhen referring to the history of feminism in the manner of the first, second, or third wave, one is undermining the experiences that were ongoing during, in middle of, and before those waves that history defines. What ideologies of oppression were being spoken of to raise awareness and whose experience was being excluded/diminished? The articulation of feminism in using the metaphor of waves to describe how the ideologies peaked and rescinded, is incorrect because it focuses only on the voices ofRead MoreThe Second Wave Of Women s Rights Movement Essay786 Words   |  4 PagesFurthermore it is split into three waves to present the difference in time and show how much it has evolved. The first wave was in the mid 19th century to early 20th century. They focused on women’s suffrage, their right to work, education rights, etc. The second wave was in the 60s; this is when they addressed broader perspectives. To include birth control, abortion, rape, pornography, etc. The third wave began in the 1990s and was a response to the second wave, as they only focused on strugglesRead MoreFeminism And The Second Wave921 Words   |  4 PagesUnlike the First and the Second waves the Third wave does not have a starting point or a parti cular moment. The period from early 1990’s to present is often defined as the Third wave. This wave is considered as the â€Å"backlash† of the movements and achievements made in the second wave. Many issues like Webster decision in 1989, that made a way to create abortion laws and Planned Parenthood Association of Southeastern Pennsylvania v. Casey made a law that women should get counseling before abortionRead MoreFriedan And The Feminine Mystique By Betty Friedan1210 Words   |  5 PagesFeminism is the fight for equality between the sexes. It can be dated back to the mid-19th century with women like Elizabeth Cady Stanton and Susan B. Anthony. The first wave feminist procured the right to vote for American women. The following second and third waves built upon what the founding feminists created. The second wave of feminism was set off by the disenchantment women across America were experiencing. This disenchantment was caused by the nuclear family and the roles that the women inRead MoreWomen During The 19th Century Essay1107 Words   |  5 Pages18th century. During this period, Turkish harem women wore clothes most similar to ours. They wore cloaks over their chemise and loose trousers while also being veiled (Olsen 59). This era marked conservatism in women’s clothes. During the first-wave movement, fashion did not become dynamic until the 1900s. In 1851, dress reformers tried to popularize a pair of baggy pants beneath a knee-length tunic (Olsen 125). Although this effort was unsuccessful, it marks the beginning of dress reform andRead MoreThird Wave Of By Lara Karaian And Allyson Mitchell1146 Words   |  5 Pagesargument note, I chose Chapter 3 â€Å"Third-Wave Feminisms† by Lara Karaian and Allyson Mitchell, and Chapter 7, â€Å"Violence Against Women†, which was written by Lisa Rosenberg and Ann Duffy. â€Å"Third-wave feminism† is a term I had no knowledge of prior to this course and I chose it to learn what it means and how it affects society. Violence against women sadly seems to be in the news every day and remains important and relevant to myself and all women. SUMMARY Third wave feminists are somewhat differentRead MoreEssay about Ruth Frankenberg863 Words   |  4 Pagesthe significance of race in white women’s’ lives and the idea of race being in every atmosphere no matter how one tries to shape it. Ruth then continues to explain her beliefs in this book and how they emerged out of the second wave feminism and into the third wave feminism. She commented on how feminist women would appear to go through phases’, such as anger over racism and later try to form a multiracial organisation which in turn would form more tension. It was through this experience that she

Feminism The Morality Of Sex Based Prejudices Essay

Feminism impugns the morality of sex-based prejudices. That is to say that in challenging gender roles, they challenge human morality. It’s an existential paradox: it seeks to deconstruct social practices and conventional ethics. Furthermore, the coextension of reserve and sensuality refers to the decades where women would engage in socially acceptable manners of expression. Also, to the current era where through years of encouragement of self-identity and sexuality, the commodification of such sexuality was exploited. In â€Å"Low-Cut Shirts and High-Heeled Shoes: Increased Sexualization Across Time in Magazine Depictions of Girls†, Kaitlin Graff, Sarah Murnen, and Anna Krause cite a report stating that â€Å"women were underrepresented compared to men, and when they were depicted it was often in a sexualized manner.† (xxxxxx). In a study conducted by the researchers, it was discovered that hypersexualization of young girls was becoming more and more present: Comparing 1971 to 2011 on these depictions reveals the following patterns: Low-cut changed from being present in 11.1 % of depictions in 1971 to 48.1 % in 2011; highlighted hair changed from 2.0 % to 19.8 %; and high-heeled shoes from 25.7 % to 35.1 %. In GL the most frequently depicted characteristics in 2011 were low-cut, tight, and short; and in ST they were low-cut, tight, and high heels. (XXXXXXXXXX) GL is an acronym for Girls’ Life; also ST is an acronym for Seventeen. Both are magazines with a targeted audience ofShow MoreRelatedWhy Is Psychology An Androcentric Discipline?1733 Words   |  7 Pagessocial studies. According to Zimbardo (1992), Psychology is formally defined as the scientific study of the behaviour of individuals and their mental processes. In psychology, the study and research of androcentric is very important because it is based on the understanding of the differences between males and females. Androcentric relates to psychology through the analysis of the study of an individual masculine s behaviour. Androcentric is only one of the many biases that exist in psychology. ItRead MoreGroundbreaking Novel in A Vindication of the Rights of Women by Mary Wollstonecraft2004 Words   |  8 Pagescompared to men, an ideology that was simply preposterous to Wollstonecraft. A Vindication of the Rights of Women is one of the cornerstone works of literature for women’s rights and advocacy for gender equality in society, particularly in regards for morality equality. Without this pioneering work, women may still be subject to the same unfair and absurd treatment in modern-day society. There were many barriers that kept women in a subordinate position in the West during Wollstonecraft’s time. PerhapsRead MoreThe Seven Principle Sociological Perspectives1920 Words   |  8 Pagesprinciple sociological perspectives are Functionalism, Marxism, Feminism, Interactionism, Postmodernism, The New Right and Collectivism. Sociology is the understanding of different people, breaking down the word sociology; ‘soci’ means society and ‘ology’ means the science of. The main aim of sociology is to try to describe and explain human behaviour within society. Sociology studies subjects such as religion, crime, family, law, poverty, prejudice, race and gender. Sociology also studies different termsRead MoreUpdating Motherhood: Science and the Enlightenment of Women4934 Words   |  20 Pagesby men, who never tell the truth except by accident. And if you consider, in addition, the envy and ill will they bear us women, it is hardly surprising that the y rarely have a good word to say for us, and concentrate instead on praising their own sex in general and particular members of it, as a way of praising themselves (Bohm, 2009). Unfortunately for the men, their willingness to awaken from their scientific slumber would not bring about the new shape of knowledge that they expected. ThoughRead MoreResearch Paper on Kate Chopin and the Feminism in Her Works2066 Words   |  9 PagesLicano 1 Maria Licano Mrs. Hummel Ap English 08 27 April 2012 Kate Chopin: Feminism in Her Works â€Å"Love and passion, marriage and independence, freedom and restraint.† These are the themes that are represented and worked with throughout Kate Chopin’s works. Kate Chopin, who was born on February 8, 1851, in St. Louis, was an American acclaimed writer of short stories and novels. She was also a poet, essayist, and a memoirist. Chopin grew up around many women; intellectual women that is. ChopinRead MoreDebate Around Mobilization Of Queer Communities2372 Words   |  10 Pagesover the issue not only because the discourse over rights of queer communities was around a legal petition, but the judicial system in India is still the most trusted wing in India. The demand to read down section 377 to exclude adult consensual sex from within its purview first came before Delhi High Court, the two judge bench upheld the idea of inclusiveness of Indian Constitution and declared section 377 as unconstitutional. The historic judgement states the â€Å"deviants† or â €Å"different† as perceivedRead MoreProstitution Is A Worldwide Dilemma3053 Words   |  13 Pagesbeen prevalent. Prostitution is a worldwide dilemma that occurs on a day-to-day basis with the opposite sex, as well as with the same sex. Prostitution, as many describe it, is the world s oldest profession, which is defined as the exchange of sex for money demonstrating that it has always existed and will continue to exist (Shannon, 2010, p.1388). Prostitution itself is a cycle; having sex with clients, getting arrested, going to jail, paying fines, and then returning to the streets and startingRead MoreFreud vs Horney3427 Words   |  14 Pagesseveral books that have been published that analyzes the issues between Freud and feminism. In The Enigma of Women, Sarah Kofman comments on Freud’s prediction that feminists would take to the warpath against his writings on the women arguing that Freud’s theories are â€Å"rife† with masculine prejudice (11). Othe r credible books, such as Samuel Slipp’s The Freudian Mystique raise important questions on Freud’s theories of feminism. Why did Freud make such grossly biased and incorrect statements about womenRead MoreAn Analysis of Factors Contributing to the End of Domestic Isolation in America1986 Words   |  8 PagesIbsens drama on American society may be debated, but as Paul Johnson (2007) observes, the intended effect is clear: In his critique of Ibsen, Johnson states, Ibsen preached the revolt of the individual against the ancien regime of inhibitions and prejudices which held sway in every small town, indeed in every family. He taught men, and especially women, that their individual conscience and their personal notions of freedom have moral precedence over the requirements of society (p. 82). Ibsen, in otherRead MoreGender Leadership And Womens Leadership Styles5681 Words   |  23 Pagespiece of female leaders it will allow female leaders to be ready to lead diverse s taffs at the nonprofits. In an effort to increase the knowledge of leadership styles in local area nonprofit organizations, I want to study how nonprofit administrators based on their gender demonstrates authenticity in their leadership. I propose to conduct a qualitative phenomenological study of 30 women and men who have leadership experience in the nonprofit field to answer the question, â€Å"How women and men nonprofit

Privilege And Oppression Concepts That Provides...

Privilege and oppression are concepts that provides clarification on people’s experience. They both contribute to intersectionality which explain notion that people’s perspectives and experiences differ in term of the categories of identity. Each person may experience privilege and/ or oppression from institutional structures depending on their situations. It mean that systems of privilege and oppression can intersect and a person could experience privilege and oppression simultaneously. These systems are influence by the micro level and micro level of people’s lives and experiences. Privilege, oppression, and intersectionality affect people’s experiences of key social issues, such as rape culture and beauty norms and appearance standards. These issue will be discussed in this essay. Privilege and oppression provides a framework for understanding how institutional structures and ideologies shapes individual experiences. Privilege and oppression also explains â€Å"how power operates in society† which led to the formation of â€Å"a dominant group and a marginalized group† (Launius and Hassel, Threshold Concepts, 72-73). â€Å"Oppression can be defined as prejudice and discrimination directed toward a group and perpetuated by the ideologies and practices of multiple social institutions† (Launius and Hassel, Threshold Concepts, 73). While, privilege refers to the â€Å"benefits, advantages, and power that accrue to members of a dominant group as a result of the oppression of marginalized group†,Show MoreRelatedEssay about Pluralism and the Universality of Rights5959 Words   |  24 Pagescultures. The interests and the attitudes, the experiences and the world-views of reasonable persons (the concrete individuals) have in modern societi es become pluralistic. The constitutional state, the fundamental and human rights are - under the conditions of factual pluralism (1) - the answer to the question of how to achieve a more just world. In the following paper I would like to draw your attention to some of the issues linked to the concept of law in pluralistic societies. In three stepsRead MoreNstp Handouts13038 Words   |  53 Pagesundergoing training in any of its three (3) program components. †¢ What are the three (3) program components of NSTP? 1. Reserve Officers Training Corps (ROTC) – is a program institutionalized under section 38 and 39 of RA 7077 designed to provide military training to tertiary-level students in order to motivate, train, organize and mobilize them for defense preparedness. 2. Literacy Training Service (LTS) – is a program designed to train students to become teachers of literacy andRead MoreThe White Man s Burden10652 Words   |  43 Pageshave the urge to defend it’ Étienne De La Boà ©tie Take up the White Man s burden– Ye dare not stoop to less– Nor call too loud on Freedom To cloke yourRead MoreLanguage Loss4065 Words   |  17 Pagessurvival. As a repository of knowledge, an expression of culture, and a symbolic embodiment of a way of life, the loss of a language speaks for itself. Although some Aboriginal languages are on the brink of extinction in Canada, regrettably, not many people are listening to the last cries of the voices that are quickly vanishing. I will explore the reasons why this is the case. Firstly I will delve into the roots of language, as a vehicle by which the essence of each particular culture comes into coherenceRead MoreNational Security Outline Essay40741 Words   |  163 PagesTurner 97 JNM: Morality and the Rule of Law in the Foreign Policy of the Democracies 100 Notes on DA Koplow: assignment 12 104 CHAPTER 1: National Security Law and the Role of Tipson 1NATIONAL SECURITY AND THE ROLE OF LAW (Tipson) Goal Clarification: What is National Security? -National Security - Possible Definitions (Difficult to define) -Safety from foreign coercion or intimidation -UN Charter Article 2(4) - prohibition against â€Å"the threat or use of force against the political independenceRead MoreOrganisational Theory230255 Words   |  922 Pagesscholarly debates on modernism and postmodernism, and provides an advanced introduction to the heterogeneous study of organizations, including chapters on phenomenology, critical theory and psychoanalysis. Like all good textbooks, the book is accessible, well researched and readers are encouraged to view chapters as a starting point for getting to grips with the field of organization theory. Dr Martin Brigham, Lancaster University, UK McAuley et al. provide a highly readable account of ideas, perspectivesRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagescompanies in the United States and throughout the world? How can companies renew and sustain those factors in the face of the business slowdowns and major fluctuations that challenge the longterm continuation of profitable earnings? As we continue to experience the twenty-first century’s economic, social, and political churning, how will these driving factors be influenced by the brutally competitive global economy in which organizations do not have any particular geographic identity or travel under any

Alibaba Swot free essay sample

Alibaba. com, the world’s largest ecommerce organization, is one that generates income from influencing business to buy and sell through their site.   Ã¢â‚¬ ¢ It has a reputation of success and effective growth strategies †¢ Strong alliances and partnerships with leaders in the industry. †¢ A strong whole in the Global Marketplace. †¢ A international organizational structure †¢ A bold risk taking sprit.|†¢ Labor intensive. †¢ Low degree of business e-commerce search technology. †¢ Large Chinese cultural influence. Brand recognition is low. †¢ Profitably is slowing. | Threats – T | †¢ China’s Google and the strength of the vertical sites. †¢ Growth of China’s ecommerce industry. †¢ Global Economic crisis. †¢ Development of a more competitive technology Opportunities – O | Possibility for growth in profits. †¢ Large untapped market potential. †¢ Market share possibility in the US 1999 | Alibaba Group was established | 2000 | Launched the Gold Supplier membership to serve exporters in China. | 2001 | Launched the International TrustPass membership to serve exporters outside China. 2002 |Launched the TrustPass membership to serve SMEs engaging in domestic China trade. We will write a custom essay sample on Alibaba Swot or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page | Launched keyword ranking services in the international marketplace.   2003 |Launched TradeManager Instant Messenger software for easy communication.   2004 | Established Ali-Institute to offer customer training and higher-education e-commerce certification in China. | 2005 | Launched keyword ranking services on the China marketplace. | 2007 | Launched branded advertisements in the Chinese marketplace.Introduced the Gold Supplier membership to Hong Kong. | 2007 Launched premium placement display in the Chinese marketplace. Launched an SME financing scheme in collaboration with leading banks in China. | Successfully listed on the Hong Kong Stock Exchange.   Re-launched our upgraded Alibaba Japan marketplace. | 2008 | Became a constituent stock of Hang Seng Composite Index Series and Hang Seng Freefloat Index Series. | Launched Winport to help SMEs build their own presence in the China marketplace.   Formed an associated company, Alibaba Japan, with Softbank to take over the operation of the Japanese marketplace.   Launched the China TrustPass for Individuals membership to serve entrepreneurs engaging in domestic China trade.

Creative accounting free essay sample

Discuss how world com used creative accounting to portray that the companys profit were increasing when it fact it was making losses during the period 2000 2002 Creative accounting can be refers to accounting practices that seem to follow the applicable accounting standards but differ from the essence of those standards. It use the accounting methods to hide some elements of companys financial dealings in order to make the company appears more successful that it is in reality. Creative accounting also can be describe as the transformation of financial accounting fgures rom what they actually are to what they were desire by taking advantage of the existing rules or ignoring some or all of the standards. Usually, the expectation of rewards and higher incentive compensative for executive management motivates a person to involve in creative accounting. Some of the creative accounting schemes that committed by companies include improper revenue and expenses recognition, faulty accounting in connection with business combination and wrongful us of off- balance-sheet arrangements. We will write a custom essay sample on Creative accounting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page WorldCom was use creative accounting in order to ake the financial accounting records to look good which is the profit increasing. They was used a liberal interpretation of accounting rules when preparing the financial statements. While the company acquiring MCI, it give the management opportunity to make the creative accounting. WorldCom had devalued hard assets while simultaneously increasing the amount of goodwill of MCI. Goodwill is an intangible asset which include brand name. In USA GAAP, the goodwill is the different between the acquisition prices and fair value of identifiable assets. This enables the WorldCom each year to change a smaller amount against earnings by spreading these large expenses over decades rather than years. The net result was WorldComs capability to cut annual expenses, acknowledge all MCI revenue and boost profit from the acquisition of MCI. In WorldCom, the management also slight modified assumptions about the account of receivables which the amount of money that customer owed to the company. For a substantial time period, the company chooses to ignore the credit department lists of customers who not paid their bills. In these aspects, the company has two assumptions on account receivable. First, they contribute to the amount of funds reserved to cover bad debts. The lower the non- collectible bills, the smaller the reserve fund required which resulted higher earnings. Second, if the company sells account receivable to third party, the amount or receivable considered available for sale. When the company increases the number of receivables it could sell to others to collect, by 2002 the length of time receivable had been on the companys book without collection had Jumped. Months later, finally acknowledging that a huge amount of its billings were simply uncollectible. The billings that were known to be uncollectible were simply carried on the books records to avoid decreasing in earnings. In July 2002, WorldCom filed for bankruptcy protection after several disclosure regarding accounting irregularities. They admitted that there was the admission of improperly accounting for reporting expenses as capital expenses. It is violated to Generally Accepted Accounting Practices (GAAP). ap tal expenditure is money used to buy long-lasting assets, like Ã'Ëœber-optic cables or switches that direct telephone calls, so the cost is spread out over several years. The company says the expenses that were counted as capital expenditures involve line costs, which are fees WorldCom pays to other telecom players for the right to access their networks. This would make the accounting records shows gains instead of losses. The line cost is a current expense and should be fully charge in the current period. By capitalizing the line costs will draws out the expenses over many years. This trick would allow WorldCom to turn millions of losses to billions of profit in 2001. Creative accounting occurs when companies take advantage of loopholes to show hat they are more profitable or financially stable than they actually are. In some cases, companies are not yet breaking the law, but are most likely engaging in unethical behavior. Creative accounting can lead to suspicion, audits by the government, mistrust by third parties and, in the case of fraud, even the dissolution of a company. Accounting practices in many countries have improved over the years after the Enron and WorldCom scandals, but there are still plenty of ways that companies can manipulate their financial results to overstate assets or understate liabilities.