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Challenges Essay Topics & Paper Examples

Theoretical Aspects and Challenges

The analysis of the proposition that an asset should be recognized in the balance sheet when it is probable that future economic benefits will flow to the entity and the asset has a cost or value that can be measured reliably and that the related expense should be recognized when incurred produces some insights useful for better understanding of the meaning of proposition that could help for accountants prepare reliable financial report for the use of the decision makers particularly the investors. Recognition principles start the process of putting transactions in the books that would enable financial report preparer to have a stable criteria stated in the form of standards that will serve as guide to companies. This research has…

Challenges and Gaps

At the core of any discussion on the themes of globalization is education. The graduates or products of the institutions of learning, whether public or private, become responsible in carrying out research and development (R & D) in the world systems – information and communication, science and technology, environment, economy, politics, intercultural understanding and cooperation. As such, academic institutions at all levels are responsible primarily in education that teaches the skills, knowledge, and technology of the current century. However, the characteristics of global education are quite varied although the basic elements are common to educators. Globalization, at the same time is a promise of interrelationships; it is also foreshadowing possible threats and risks. The challenges are many and costly depending…

Moral Challenges

Morality is a highly contested topic in every day life. It can be defined as a thought process of making decisions based on one’s beliefs or desires shaped by one’s culture. A right or wrong moral decision can therefore be said to be a product of culture and law stipulated in a constitution and applied in a certain jurisdiction. In everyday life, we are faced with challenges and situations that require our judgment and actions (Kermerling, 2002). In this paper, I will explore two moral situations in which I believe I made the right and wrong decisions respectively, the parties that were involved, the reasons behind my actions and the consequences that followed my decisions and actions. Lastly, I will…

Challenges and situations

In our day to day activities, we face different challenges and situations that demand our attention. In order to handle such challenges in a morally acceptable manner, without intentionally causing harm to all the partners involved, we have to be well informed about what morality expects of us. Fundamentally, almost all decisions raise ethical questions that demand ethical answers. Knowledge of ethics hence comes in handy, enabling us to deal with such challenges accordingly. These two situations are part of the dilemmas we face that deserve moral attention to address them. Use of drugs at workplaces is not morally acceptable. Being a friend’s liaison, I would consult the boss at the workplace and propose that testing for drug use be…

Current Challenges of Industry

My area of interest is finance with special interest in banking. I will therefore highlight and discuss the current challenges in banking sector. Firstly, as competition among banks grows speedily, there is a challenge of keeping the initial customers and maintaining a high inflow of new customers for a bank to live. There is a need to provide a customized, cost effective and highly friendly service to customers. secondly, banking sectors needs adequate funding to be able to function as expected, the current world recession has affected many banks in which many are now laying off their staffs to be able to conserve some money to run the banks since their is a minimum amount a bank must posses before…