Financial Accounting Essay Example | Topics and Well Written Essays - 1250 words - 3

Financial Accounting - Essay Example In 2003, the Financial Reporting Council adopted a combined code of two reports, one of which covered the non-executive director’s role and how they should dispense their duties in an ethical way, while the other gave guidelines on the conduct of audit committees. With time, various amendments have been made on the 2003 Combined Report, and in 2010, the Financial Reporting Council adopted the UK Code on Corporate Governance that provides the guidelines on how the listed companies in the London Stock Exchange should conduct themselves when representing their shareholders. This paper aims at discussing the concepts contained in the code of conduct adopted on 29th June 2010, while giving a special focus on the duties and responsibilities of Non-executive directors, referring to the 2003 and the 2010 versions of The Code of Conduct. Non-executive directors of a company do not take part in the executive work of the team and are not part of the employees of the company (Walter & Shilling 2009, p. 25-28). The Governance Code obliges the directors to adhere to the financial reporting standards while representing their companies, and show accountability and prudence while doing this (Hamill et al. 2010, p. 56-59). The mode of reporting as outlined in the code of conduct requires the company to state how it effectively applies the supporting principles and the provisions, stating whether they comply with the provisions in the code of conduct or not (Ryan, 2004, p. 16). The code separates the duties of the chairperson with those of the chief executive officer, and gives the appropriate ratio of the non-executive directors and who should be incorporated in the board committees. Companies must be headed by a Board of Directors, who oversees the overall operations of the company, holding them liable for any misrepresentation of the investors, and the losses that may thus occur in such an event. According to Halbert and Ingulli (2011, p. 30), the directors of a

How does having dyslexia impact on further education Essay

How does having dyslexia impact on further education - Essay Example It affects the choice of subjects in further learning. Though it is a major problem impacting on performance, students can be assisted through mentorship and other exercises that improve their language, coordination and organizational skills. Dyslexia is a term that refers to difficulties in learning, which is usually manifest in students while they try to pronounce or spell particular words in the course of learning. These are the major characteristics amongst many other aspects that can help in identifying a student with the problem. Research indicates that the problem is associated with the brain’s capacity to interpret verbal or written language. Students usually experience problems in schools and may not perform well in particular subjects or in all of them (Jamieson and Morgan 2007 p. 78). Intellectually, the dyslexic student is usually competent. Learning is the only situation where they fail to compete effectively with the rest of the students. Dyslexic students usually get upset leading to withdrawal and problems with their behavior, especially due to lack of self esteem and confidence. Their persistent difficulty in learning generates the feeling that they are unable to excel in life. This is because the society highly values the ability to learn, and attaching it to great prospects of a student in future. It can affect even the students whose performance in other activities is good. The problem can persist to adulthood. In the institutions of higher learning, it is usually a major problem since the content of education increases, and this requires high learning capabilities in order to accomplish the objectives of education and career choice (Ammon and Levin 1993 pp. 68-71). The aim of this research is to establish the impact of dyslexia on further education. In the teaching profession, it is important to understand dyslexia in order to develop the ability to identify dyslexic students, and be able to help them overcome