Service Learning Helped My Career Decision :: Community Service, Volunteer Work

My community service experience was great! I learned many new things that I can use not only in the workplace but also in life. The people I had the opportunity to work with were very generous with their time and talents. They helped me to gain insight into what I want to do with my life. During high school, I was indecisive on what I wanted to do with my life. I wanted to work either as a firefighter or an engineer. I performed my community service at the City Utilities Company. I worked with people who were water engineers and they gave me great advice on becoming an engineer. I was told that there were many different types of engineers. I didn’t even know which type of engineer I wanted to be. Then I told him that I was thinking about being a firefighter as well. That’s when I learned his son was a firefighter and loved being one. When I heard about how his son loved the job, I knew then that’s what I wanted to do. I was their secretary for the week from 8am to 5pm. I had to pick up the phone and take messages when they were out of the office, I had to organize some of their paperwork, and talk to the people who walked in looking for information of for one of the other workers. I had learned the responsibility of being on time and following directions. This experience helped me be more comfortable around people I didn’t know and able to interact with them. That came in handy in my job now, I work at American Eagle and I have to interact with people every day but I’m already comfortable doing so. It helped me in life because I’ve been able to meet new people around the college because I’m comfortable talking to complete strangers. The chance I had to work with these people was amazing. I always had the feeling of me being welcome there. In the time I was there I received many gifts from them but not for volunteering for them but because I was a friend. They let me take home leftover candy and popcorn home to my family, even though my mom and sister never knew because I ate it before I got home.

Peter Abelard

Peter Abelard was born in Pallet, France on April 21st 1079. His father was in a military career but Peter followed the academic path studying dialectic. Later in his teens he went to school in Paris called Notre-Dame de Paris, William of Champeaux taught him. After being taught for a while Peter began to question William and argue against him. It was William’s school where Abelard’s application of logic all began. At the young age of only twenty-two he set up his first school in Melun, he later moved his school to Corbeil, which was near Paris, for more direct competition. Soon after he moved his school his health suffered from over working. After his return he found William lecturing at a monastic retreat outside the city, and there they once again became rivals. Abelard was again victorious, and now stood supreme to William. Abelard later set up a school on the heights of Montagne Sainte-Genevieve which over looked Notre-Dame. From his successes in dialect he next turned to theology and attended some lectures of Anselm at Laon. His triumph was complete; the pupil was able to give lectures, without previous training or special study, which were acknowledged superior to those of the master. Abelard was now at the height of his fame. He stepped into the chair at Notre-Dame, being also nominated canon, about the year 1115. After this crowds of thousands of students surrounded Abelard. During all this fame he encountered romance. Living with the precincts of Notre-Dame under the care of her uncle, Fulbert, he met a girl named Heloise. Abelard soon fell in love with her. He became a tutor to this girl and he used his power for the purpose of seduction. Soon everyone seemed to know about this romance except for Fulbert and as soon as he found out they were separated. They now could only meet in secret. She soon became pregnant and at this time Abelard took her home to Brittney where she gave birth to a baby boy. Abelard proposed a secret marriage so that he did not mar his prospects of advancement in the church. Heloise opposed this idea but eventually gave in to pressure. Fulbert did not keep the secret of marriage and spread the word despite his promise to Abelard to not say anything. Fulbert then became physically and verbally abusive towards. Abelard removed her secretly from him house and took her to seek refuge in the convent of Argenteuil. Immediately Fulbert, believing that Abelard had taken her away to be rid of her plotted revenge. That night he and some others broke into Abelard’s chamber and castrated him! The priesthood and ecclesiastical office were canonically closed to him. Heloise consummated her work of self-sacrifice and became a nun. This how ever only affected his work temporarily and. After he gradually turned again to studying he reopened his school in the priory of Maisonceile. His work was effected, but only for the good, Abelard stated in the Historia, that â€Å"the hand of the lord had touched me for the express purpose of freeing me from the temptations of the flesh and the distractions of the world so that I could devote myself to learning and there by prove myself a true photosphere not of the world but of god. † He soon published all of his theological lectures and that was when his advisories discovered his rationalistic interpretation of the Trinitarian dogma. This upset many people and he was forced to burn the book and he was also held captive in the convent of St.  Medard at Soissons. He thought that this would be the worst experience that he would ever have to go through. One of the things that he did enjoy doing at convent was irritating the monks. He soon decided that life in the monastery was unbearable so he was able to go and live in a desert place until it was time for his persecution. He built himself a small cabin and he turned into a hermit. Soon after he moved to the desert students from Paris began to flock to him and he began teaching again. Fearing prosecution yet another persecution for teaching when he was not to be he found another refuge far off shore of lower Brittney. There among other thing he wrote his famous Historia Calamitatum. The pope lifted his sentence and he spent the remaining eighteen months of his life at Cluny, a sister-house of St. Marcel at Chalon, where he rested during his last sickness. The most important thing to always remember Abelard is his scholastic manner of philosphisizing. Even though he got into trouble with the church and society, still had a great impact on the medieval times and changed many lives.

Datastream User Guide

INFOSTREAM MAY/JUNE 2008 IN THIS ISSUE GROWTH IN US CONTENT Negotiate the world’s â€Å"info-noise† with Datastream’s expansive and reliable US-focused content. NEW VALUATION RATIOS RELEASED 14 new Datastream valuation ratios have been released, giving you a detailed overview of markets and sectors as well as enabling you to compare company to industry ratios.CONTENTS FEATURES Introducing Intelligent Information from Thomson Reuters Regional Focus – Growth in US Content PRODUCT ENHANCEMENT Functions, Units and Country Datatype Enhancements New Interface for Datastream Custom User-Created Indices in Development Coming Soon – Interactive Charting 1. Datastream Extranet Samples CONTENT ENHANCEMENT Equities and Equity Indices Update †¢ Global Update †¢ USA Update †¢ Middle East Update †¢ Asia Update I/B/E/S Global Aggregates Content Enhancement – Release of Additional Monthly History for Five Asian Indices Datastream Delivers Sought-after Commodity Information from Platts Metals Expansion Coverage Economics Round-up †¢ New Series †¢ Revisions and Methodology Changes †¢ Key Indicator Changes †¢ Interest Rates New Valuation Ratios Released in March Company Additions to Worldscope CONTRIBUTORS 3 4 12 14 16 20 20 23 25 25 27 28 29 31 31 34 35 35 36 39 41 FEATURES INTRODUCING INTELLIGENT INFORMATION FROM THOMSON REUTERS THOMSON DATASTREAM IS NOW PART OF THOMSON REUTERS. With operations in 93 countries, a market capitalisation in excess of $30 billion and 50,000 employees, Thomson Reuters has the resources and experience to serve our customers in the financial, media, legal, tax and accounting, scientific and healthcare markets.We hope you will see many positive changes from Thomson Reuters, starting with our new brand. One thing we do not intend to change, however, is our commitment to speed, accuracy, independence and freedom from bias, and our commitment to our customers, employees, shar eholders and other stakeholders. We aim to deliver on our promise to bring you intelligent information that provides knowledge to act. REGIONAL FOCUS – GROWTH IN US CONTENT AMERICA’S DATA OBESITY PROBLEM: SOLUTION – GO ON A DATASTREAM DIETNegotiate the world’s â€Å"info-noise† with Thomson Datastream’s expansive and reliable US-focused content. The US investment management industry is estimated to be worth over $30 trillion*. To support this financial leviathan, there is data in abundance available through a host of sources, including the Internet and any number of financial solutions, reports and delivery vehicles, so much so that the result for the end-user is a cacophony of â€Å"infonoise†.The author Neal Stephenson wrote that, â€Å"All information looks like noise until you break the code. † With Thomson Datastream, the US asset management industry has the ultimate code breaker. A modern-day Enigma machine. Thomson Datas tream, although international in its scope, allows unparalleled access to a landscape of historically deep, cross-asset and US-focused data, which is being continually expanded to address client needs and market developments.Sourced from such trusted third-party suppliers as Frank Russell, The Conference Board, MSCI and The University of Michigan Consumer Surveys, to name but a few, this US-orientated data can be placed alongside Thomson Datastream’s robust time series content (100 million series, including exclusive proprietary content) to better understand the performance of the US markets and construct investment strategies accordingly.INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008  Current market conditions are forcing the US investment community to work harder to â€Å"crack the code† and generate alpha. Thomson Datastream is the â€Å"codec† that allows them to achieve this, with the continual addition of North American-focused content. Recent addition s in Q1 2008 include Platts commodity pricing (see page 29) and increased coverage of US Corporate and Sovereign bonds.The Platts database is now available as a pass-through content set, and this market-leading data provides a vital insight for commodity-oriented investors in the USA, giving granular detail on the energy markets, allowing analysts of the energy sector, risk managers, commodity traders, asset managers and anyone wishing to diversify into commodities, the ability to view this valuable data, overlay the information against other factors and manipulate it within Thomson Datastream’s powerful charting and analytical capabilities. Furthermore, the recent addition of 14,000 US bonds significantly increasesUS fixed-income coverage to 43,000 securities for Government, Agency and Corporate bond issues. Within the economic sphere, Thomson Datastream allows access to crucial US-oriented sources to enable the investment management industry to analyse macro factors. For ex ample, US House prices, always a â€Å"hot topic†, are under even more scrutiny when placed within the current subprime context and wider economic conditions. Sources including the National Association of Realtors (NAR), the Mortgage Bankers Association and the S&P Case-Shiller indicators all give greater visibility into US economic health and direction.The chart below uses Shiller state-level data and compares house sales by major US cities. We can see that only in Charlotte, North Carolina, have house sales remained positive year on year, in 2007 albeit at a low 1. 75% level. The continuing crisis, and in particular the example of Bear Stearns, has highlighted the importance of having comprehensive cross-asset coverage available to the asset manager, with credit default swaps often cited. The CDS market is worth approximately $47 trillion and is demanding constant attention. Thomson Datastream carries a range of US-oriented CDS content, including aluable benchmarks for the USA such as the CDX. This index comprises the most liquid CDS contracts of US-based companies and acts as an indicator of the credit markets. The chart below shows clear negative correlation between the CDX index (North American swaps for investment-grade bonds) and the S&P Composite. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008  These, and other CDX indices, measure debt-related derivatives, such as high-yield swaps, and enable US-focused asset managers to hedge their entire portfolios rather than trade each individual CDS per bond issue.Sir Arthur Conan Doyle once had Sherlock Holmes remark that, â€Å"It is a capital mistake to theorise before one has data. † Recently launched proprietary global CDS sector indices and the US-orientated suite, exclusive to Thomson Datastream, allow for greater tactical asset allocations across a portfolio, since the CDS market often captures market information faster than the equity markets. On the inclusion of this content, one Direc tor of Research at a US asset management firm commented, â€Å"The CDS indices are a great innovation. Can you provide us with the full global range? No-one else has this data. † Elementary my dear financial markets!The following example compares the US CDS banking sector against two US interest rate futures indicators. This analysis illustrates that the movement in the US Banking CDS sector anticipated the credit crisis by a little under two weeks, and shows the strong correlations (nine and ten-day lag against the sector respectively) that the futures have, compared to the sector. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008  Other recently added proprietary Thomson Datastream content that lends itself to greater investigation and analysis of the US markets is the M&A series constructed from Thomson data.This content, overlaid against the CDS indices, can help give a clearer indication of the overall health of the M&A activity in the USA. With the credit crisis in Aug ust 2007, the number of completed deals that followed in September dropped and the spread in the CDX index correspondingly fell, as traders felt the deal market drying up. That relationship has broken down during the first quarter of 2008, which may be due to other economic factors. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008  Thomson Datastream’s US-focused content is continually expanding.Across all asset classes, data is being added to ensure that the solution fits the high demands of the North American market, be it through the addition of macroeconomic indicators from such sources as S&P Case-Shiller, or through the display and access of quarterly fundamentals. And this investment is ongoing with soon-to-beadded US option coverage for the USA (S&P 500 and the Nasdaq) and Canada. Access to timely, comprehensive and accurate data is ever more important in a world where decisions have to be made fast.Thomson Datastream’s deep US coverage, across multiple asset classes, allows the US financial industry to cut through the â€Å"infonoise†, access vital must-have information and manipulate it with flexible analytical tools. In these current uncertain times, Thomson Datastream’s blend of reliable, multiple-asset, US content enables investors to make better, more-informed decisions and help avoid the pitfalls best summed up by an old Chinese proverb, which states, â€Å"To guess is cheap. To guess wrongly is expensive. † *Thomson Sharewatch. Based on the AUM from more than 4,000 US companies. INFOSTREAM MAY/JUN 2008 THOMSON REUTERS 2008  PRODUCT ENHANCEMENT FUNCTIONS, UNITS AND COUNTRY DATATYPE ENHANCEMENTS The padding (PAD) function has been enhanced to enable values for missing intermediate data points to be derived via linear interpolation, so any missing (N/A) values within the time series will be calculated by linearly interpolating between the actual data values on either side. The format to use linear interpolatio n is PAD#(Expression, I). Example: To display the FTSE100 price high (PH) from December 2007 to January 2008 – there are N/A values for Christmas and New Year when the market is closed.Using the existing PAD function (without the I parameter) the N/A values are replaced by carrying forward the last actual value for the previous period. Whereas using the PAD function with the I parameter (last column below), the N/A values are replaced by values calculated by interpolating between the data either side, thereby producing a more uniform series. Code 20/12/2007 21/12/2007 24/12/2007 25/12/2007 26/12/2007 27/12/2007 28/12/2007 31/12/2007 01/01/2008 02/01/2008 03/01/2008 04/01/2008 07/01/2008 FTSE100(PH) 6367. 7 6451. 8 6485. 6 #N/A #N/A 6504. 1 6494 6480. #N/A 6512. 3 6487. 8 6534. 7 6376. 5 PAD#(FTSE100(PH)) 6367. 7 6451. 8 6485. 6 6485. 6 6485. 6 6504. 1 6494 6480. 2 6480. 2 6512. 3 6487. 8 6534. 7 6376. 5 PAD#(FTSE100(PH),I) 6367. 7 6451. 8 6485. 6 6491. 77 6497. 93 6504. 1 649 4 6480. 2 6496. 25 6512. 3 6487. 8 6534. 7 6376. 5 The continuous series (CSR) function has been enhanced, specifically for economic series, to allow quarterly series to be displayed at a monthly frequency using linear interpolated values, with a similar enhancement for annual series to be displayed at a quarterly or monthly frequency.The format to display interpolated values is CSR#(Series,M) or CSR#(Series,Q). Example: To display two quarterly series at a monthly frequency – United States GDP in real terms and the Eurozone 15 countries’ GDP in real terms. The actual quarterly data is: Code 15/05/2006 15/08/2006 15/11/2006 15/02/2007 15/05/2007 15/08/2007 15/11/2007 USGDP†¦D 11306. 7 11336. 7 11395. 5 11412. 6 11520. 1 11658. 9 11677. 1 EKGDP†¦D 1859. 84 1870. 18 1884. 62 1899. 5 1904. 74 1919. 03 1926. 38 Here, the US series is in billions of dollars at an annual rate, the Eurozone series is in billions of euros but not annualised.As the table below illustr ates, the CSR function without the M parameter simply repeats the quarterly value for each month of the quarter, but with the M parameter the data is presented in a more uniform way by interpolating between the quarterly numbers. For the United States series, the mid-quarter value of the monthly series is the same as the original quarterly series, whereas for the Eurozone series the mid-quarter value of the monthly series is one third of the original series. This is due to Eurozone GDP not being annualised, so the monthly numbers in the final column below represent the â€Å"best† estimate of actual GDP in that month.Code 15/07/2006 15/08/2006 15/09/2006 15/10/2006 15/11/2006 15/12/2006 15/01/2007 15/02/2007 15/03/2007 15/04/2007 15/05/2007 15/06/2007 15/07/2007 15/08/2007 15/09/2007 15/10/2007 15/11/2007 CSR#(USGDP†¦D) 11336. 7 11336. 7 11336. 7 11395. 5 11395. 5 11395. 5 11412. 6 11412. 6 11412. 6 11520. 1 11520. 1 11520. 1 11658. 9 11658. 9 11658. 9 11677. 1 11677. 1 CSR#(USGDP†¦D,M) CSR#(EKGDP†¦D) 11326. 7 11336. 7 11356. 3 11375. 9 11395. 5 11401. 2 11406. 9 11412. 6 11448. 4 11484. 3 11520. 1 11566. 4 11612. 6 11658. 9 11665 11671 11677. 1 1870. 18 1870. 18 1870. 18 1884. 62 1884. 2 1884. 62 1899. 5 1899. 5 1899. 5 1904. 74 1904. 74 1904. 74 1919. 03 1919. 03 1919. 03 1926. 38 1926. 38 CSR#(EKGDP†¦D,M) 622. 24 623. 39 625 626. 6 628. 21 629. 86 631. 52 633. 17 633. 75 634. 33 634. 91 636. 5 638. 09 639. 68 640. 49 641. 31 642. 13 The rules for calculating these values are as follows (these are dictated by the frequency conversion datatype (ECONV)): †¢ If ECONV = AVERAGE (example USGDP†¦D) – the actual quarterly number is placed in the mid-month of the quarter, and the intervening two months are linearly interpolated between the adjacent midquarter numbers. If ECONV = END POINT (example US64MGTLA – mortgage debt of the US financial sector), the actual quarterly number is placed in the last month of the qu arter, and then the intervening two months are linearly interpolated. †¢ If ECONV = SUM (example EKGDP†¦D), one third of the quarterly number is placed in the mid-month of each quarter, and the intervening two months are linearly interpolated between the mid-quarter numbers. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 0 Annual series can be similarly represented at either a monthly or quarterly frequency using CSR#(series,M) or CSR#(series,Q). This new function allows a closer analysis of quarterly series on a monthly basis. For example if we correlate European Union total GDP (EXGDP†¦D) against United States GDP (USGDP†¦D), over the last ten years using a range of monthly lags, we find that the highest correlation, of 0. 99707, is with an 11-month lag of the US series.Note: These new parameters will be fully supported in a later version of the Advance interface – but can be used now either directly in AFO, or in the expression builder (where the mes sage that the parameter is unknown can be ignored). The economics magnitude (ESMAG) datatype, which displays the magnitude of the data as a number, eg 1000 for thousand, 1000000 for million, etc, has been enhanced so that it is now supported in Datastream expressions.This is useful for displaying a set of economic series data in the same units. In the example below, the total exports of visible goods for a selection of countries are displayed in millions of dollars for the year 2007 total. This is achieved by using the calendar year sum function CYS, converting all series to dollars using the tilde, multiplying by ESMAG and dividing by 1,000,000. In the analysis below the top three countries are (in order) Germany, China and United States.EXPORTS IN CURRENT PRICES TYPE AGEXPGDSA AUEXPGDSA CNEXPGDSB CHEXPGDSA FREXPGDSB BDEXPGDSB HKEXPGDSA INEXPGDSA IDEXPGDSA IREXPGDSA ITEXPGDSB JPEXPGDSB KOEXPGDSA MYEXPGDSA MXEXPGDSA NLEXPGDSA NZEXPGDSA NWEXPGDSA RSEXPGDSA SPEXPGDSA SAEXPGDSA ESEXPGD SA SDEXPGDSB SWEXPGDSA TWEXPGDSA THEXPGDSA UKEXPGDSA USEXPGDSB ESUNT US $ MILLION AUST $ MILLION CAN $ MILLION 100 MLN US$ EURO MILLIONS EURO BILLIONS HONG KONG MN$ IND RUPEE BLN US $ MILLION EURO THOUSANDS EURO MILLIONS YEN BILLION US $ MILLION RINGGIT MLN US $ MILLION EURO MILLIONS NZ$ MLN NRWGN KR MLN US $ MILLION SINGAPORE $’000 RAND MILLION EURO THOUSANDS SWEDISH KR MLN SWISS FRANC MLN TAIWAN $ MLN US $ MILLION ?MILLION US $ MILLION GEOGN ARGENTINA AUSTRALIA CANADA CHINA FRANCE GERMANY HONG KONG INDIA INDONESIA IRELAND ITALY JAPAN KOREA MALAYSIA MEXICO NETHERLANDS NEW ZEALAND NORWAY RUSSIAN FEDERATION SINGAPORE SOUTH AFRICA SPAIN SWEDEN SWITZERLAND TAIWAN THAILAND UNITED KINGDOM UNITED STATES X(ESMAG) 1000000 1000000 1000000 100000000 1000000 1000000000 1000000 1000000000 1000000 1000 1000000 1000000000 1000000 1000000 1000000 1000000 1000000 1000000 1000000 1000 1000000 1000 1000000 1000000 1000000 1000000 1000000 1000000 ESMAG EXPORTS-MILLIONS OF DOLLARS YEAR 200 CYS# (X~U$*XESMAG/1000)/1000 55933. 98 140975. 1 417035. 5 1217869 551328. 3 1330984 344676. 1 145260. 2 113953. 7 121504 491841 713111. 3 371489 176038. 3 272044 476323. 3 26946. 69 139232. 8 355176. 7 298876. 9 69661. 69 248555. 9 169700. 5 171465. 5 246181. 4 152480 436985. 3 1163314 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 11Two new Country datatypes (GGISO and GGISN) have been introduced on Datastream: GGISO ISO Country Code GGISN ISIN Issuer Country The following table illustrates some examples: NAME ASM PACIFIC TECH C C LAND HOLDINGS CARNIVAL EADS (PAR) FRONTLINE GARMIN INVESCO MILLICOM INTL CELU SDB NWS HOLDINGS PARTNERRE PARTYGAMING QIAGEN (XET) RENAISSANCERE HDG ROYAL CARIBBEAN CRUISES ROYAL DUTCH SHELL A(LON) MNEM K:ASMP K:QPAK U:CCL F:EADS N:FRON @GRMN U:IVZ W:MICB K:PAPO U:PRE PRTY D:QIAX U:RNR U:RCL RDSA GEOGN HONG KONG HONG KONG UNITED STATES FRANCE NORWAY UNITED STATES UNITED STATES LUXEMBOURG HONG KONG UNITED STATES UNITED KINGDOM GERMANY UNITED STATES UNITED ST ATES NETHERLANDS GGISO HK HK US FR NO US US LU HK US GB DE US US NL GGISN KY BM PA NL BM KY BM SE BM BM GI NL BM LR GBNEW INTERFACE FOR DATASTREAM CUSTOM USER-CREATED INDICES IN DEVELOPMENT Datastream has provided facilities for creating your own custom indices for a number of years, through an integrated interface in Advance and Advance for Office (AFO) and a more comprehensive terminal interface. These indices are used extensively for evaluating different investment strategies and for use as portfolio benchmarks. We currently have in development a new Advance/AFO interface, offering a range of exciting features. These include support for an extended set of weighting methods (in addition to the current market value weighting method) – such as equal weighting, local currency, free float and using your own weights (as either a factor or a number of shares). INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 12 Index creation interface currently in developmentThe new interface w ill also facilitate the building and configuration of indices with more complex changes to their history, so in addition to supporting the importing of a set of constituents for a single point in time (either to use for the full index history, or to use going forward), these facilities will allow changes to constituents and weights at different dates to be imported directly from Excel – enabling an Excel range containing the complete history of constituent changes, reflecting either an investment strategy or specific stock selection, to be easily set up on Datastream. Equally, for indices already set up, the constituent history can be exported to Excel, and any changes made before being imported back to Datastream.We are also working on extending the set of datatypes that can be calculated for indices beyond the current list (price index, return index, market value, dividend yield and price earnings) – this will include the 15 new valuation measures that have recently been introduced for equities and Datastream equity indices. These include key measures such as sales, profits, debt, and a set of ratios such as return on equity and profit margin. Finally, in addition to supporting equities, the new interface will also support using other indices, and unit trusts as constituents. So, for example, you will be able to create a market value weighted index using thirdparty indices, Datastream indices or other custom user-created indices as their constituents. Further information will be made available via the Datastream Extranet when this new interface becomes available. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 13 COMING SOON – INTERACTIVE CHARTING 1. 6The next release of Interactive Charting will be available soon to all users of Datastream Advance . 0 and will allow users to save their own user-created â€Å"styles† for charts. Preferences for fonts, colours, chart background and line styles can be defined, stored as a style a nd then applied to any chart in the user’s library. In addition, it will now be possible to set up custom colours and store these as part of your style. Set text style for your chart title, subtitle and legend: Set colour, thickness and style of the chart lines: Custom colours can also be defined: INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 1 Save the settings with a name of your choice: INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 1 DATASTREAM EXTRANET SAMPLESThe Datastream Samples page on the Extranet is a valuable source of content and functionality-related AFO tearsheets, that highlight the breadth and depth of content within the Datastream mainframe. Over the last few months, more models have been added, making access to existing and new content sets even easier. Some of the new sheets are detailed below, visit the Extranet site at: http://extranet. datastream. com/Free_Reports/AFO_SAMPLES. htm and look for the icon for more. Indices – Worldscope Inde x Valuations This new model displays a unique set of valuation datatypes for Datastream Global Equity Indices. Sourced from Worldscope and based on a trailing 12-month period if applicable, the datatypes include such popular items as EBITDA, Enterprise Value and CAPEX. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 1Economics – Recession Bands Using the academic, two quarters of successive negative QOQ GDP growth, calculation of recession, this model allows users to select a country and overlay one of several pre-defined series such as Consumer Spending, Industrial Production and Unemployment rate figures. The chart period can be customised and a user-defined overlay series can also be utilised. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 1 Options – Implied Volatility Surface Using Datastream’s extensive Options database, this model plots the implied volatility as a function of both the strike price and time to maturity. The resulting graph shows the implied volatility for all the options on a particular underlying series. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 1Equities – Key Performance Indicators from Worldscope Effective 15 November 2007, Thomson Financial added Key Performance Indicators (KPIs) for the Hotel, Airline and Retail sectors. Initially for the Russell 3000 Index constituents, this model displays the current indicators for all qualifying constituents. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 19 CONTENT ENHANCEMENT EQUITIES AND EQUITY INDICES UPDATE This month sees the release of additional valuation datatypes for the Russell indices. Changes to the way S&P constituent data is provided are effective from 1 June 2008 and customers are advised to read this carefully and take action if required. New Shariah indices are also available from S&P and FTSE.Read on for all the details. Global Update S&P Constituent Data – End-User Agreement Now Required for Access to Constituent-Level Dat a With effect from 1 June 2008, there is a change to the way constituent data for a number of S&P constituent families is provided on a number of Thomson products, such as Datastream, DDL, Datastream Advance in T1IM. From 1 June 2008, customers wishing to continue to access constituent datatypes such as constituent weights, number of shares and free-float data are required to have a direct end-user agreement with S&P. For each index family impacted by this change, a new module is available that provides access to the restricted datatypes.The names and identifiers of each security within each constituent list are not impacted by these changes and will remain unrestricted. This change is a result of S&P no longer licensing constituent-level index data for wholesale distribution through vendors to their clients. New modules created for each of the following index families impacted by this change: S&P US indices This includes the S&P 500, S&P MidCap 400, S&P SmallCap 600, S&P Composite 1500, S&P 1000, S&P 900, S&P 100, S&P REIT Composite, S&P Citigroup Style and all underlying sector, industry and style indices. S&P Australia This includes the S&P/ASX 50, S&P/ASX 100, S&P/ASX 200, S&P/ASX 300 and All Ordinaries Indices and all underlying sector, industry and style indices.S&P Global 1200 This includes the S&P Global 1200, S&P Europe 350, S&P/Topix 150, S&P/TSX60, S&P Asia 50 and S&P Latin America 40 and all underlying sector and industry indices. S&P/MIB This includes the S&P/MIB index. S&P/HKEx This includes the S&P/HKEx Hong Kong indices including the S&P/HKEx Composite index. S&P/Japan This includes the S&P Topix 150 index. Restricted Constituent List Datatypes From 1 June 200, the following datatypes are available only in the new modules. The restrictions also apply to these constituent datatypes provided for S&P historical constituent lists. Please note that not all datatypes are available or valid for all the S&P index families detailed above.A more detaile d list, along with all the constituent list mnemonics, is provided on the Datastream Extranet. The names and identifiers of each security within each constituent list are not impacted by these changes and remain unrestricted. DATATYPE WTIDX PIDX NSIDX FFIDX MVIDX CFIDX AFIDX CLS1 CLS1N CLS2 CLS2N CLS3 CLS3N CLS4 CLS4N DESCRIPTION CONSTITUENT WEIGHT PRICE OF EACH CONSTITUENT IN THE INDEX NUMBER OF SHARES INCLUDED IN THE INDEX FREE-FLOAT FACTOR OF EACH CONSTITUENT IN THE INDEX MARKET VALUE OF EACH CONSTITUENT IN THE INDEX CAPPING FACTOR ADJUSTMENT FACTOR GICS SECTOR CODE GICS SECTOR NAME GICS INDUSTRY GROUP CODE GICS INDUSTRY GROUP NAME GICS INDUSTRY CODE GICS INDUSTRY NAME GICS SUB-INDUSTRY CODE GICS SUB-INDUSTRY NAMEACTION REQUIRED In order to minimise the impact of these changes, it is advisable that you review as soon as possible if you wish to continue to access the above constituent list datatypes. If you do, you should contact S&P to discuss this or complete the form in the att ached notification and send it to S&P: http://extranet. datastream. com/data/Equity%20indices/ If you wish to discuss this directly with S&P, please contact one of the following: Americas: Maureen O’Shea EMEA: John Davies Asia: Angeline Choo ANZ: Guy Maguire Japan: Uchi Seiichiro Shariah Indices maureen_o’[email  protected] com +212 438 6174 [email  protected] com +44 (0)20 7176 8456 [email  protected] com +65 6239 6318 [email  protected] com +61 292 559 822 [email  protected] com +813 4550 8568 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 21 A number of new Shariah indices are now available on Datastream. S&P Pan-Asia Shariah index The stocks for this index are drawn from the Asian country indices in the S&P/Citigroup Global Equity Index series, excluding Australia, Japan and New Zealand. Stocks for the universe must have at least US$ 1 billion in float-adjusted market capitalisation. The number of stocks, for Shariah screening purposes, is limited to t he top 15 from each country that exceeds the US$1 billion market capitalisation threshold.Each month a universe of stocks conforming to these criteria, selected once a year on 31 March, is screened for Shariah compliance to form this index. The countries eligible for inclusion in this index are China, Hong Kong, India, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. S&P Global and World Property Shariah index The S&P/Citigroup Global Property index represents and measures the investable universe of publicly traded property companies from developed and emerging markets. The constituents are companies engaged in a wide range of real estate related activities, such as property management, development, rental and investment.The component REIT stocks, in particular, include property trusts that invest in physical real estate assets and other pass-through vehicles. The S&P/Citigroup World Property Index is a subset of the Global Property Index and includes companies fr om the developed markets only. Each month a universe of stocks conforming to these criteria, selected once a year on 31 March, is screened for Shariah compliance to form these indices. INDEX NAME S&P PAN-ASIA SHARIAH $ S&P PAN-ASIA SHARIAH E S&P WORLD PROPERTY SHARIAH $ S&P WORLD PROPERTY SHARIAH E S&P GLOBAL PROPERTY SHARIAH $ S&P GLOBAL PROPERTY SHARIAH E MNEMONIC SPSHPA$ SPSHPAE SPWPRS$ SPWPRSE SPGPRS$ SPGPRSEDATATYPE PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV START DATE 29/12/06 29/12/06 29/12/06 29/12/06 29/12/06 29/12/06 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 22 FTSE Shariah Japan 100 $ index FTSE extended its FTSE Shariah Global Equity index family on 3 March 2008 with the release of the FTSE Shariah Japan 100 $ index. This index represents the performance of the 100 biggest Shariah-compliant companies by full market capitalisation, that are included in FTSE Japan index. The index is calculated in USD and history is av ailable from 3 March 2008. The index mnemonic is FSJP10$. Further information can be found on: http://www. ftse. om/Indices/FTSE_Shariah_Global_Equity_Index_Series/ Downloads/FTSE_Shariah_Japan_100_USD_Valuation. pdf USA Update Russell – Additional Datatypes for Benchmark Indices Thomson Reuters has released new datatypes for the Russell Benchmark indices. The new datatypes include price to book value (BP), price to cash flow (PC), price to sales (PS), return on equity (RE) and return on assets (AR), and complement the existing coverage of price earnings ratio (PE), dividend yield (DY) and market value (MY) for the same indices. Customers who have access to the existing Russell Standard or Russell Premier pass-through modules will be able to access the new datatypes. Click on this link for more details: http://extranet. datastream. om/data/Equity%20indices/documents/Russellreleasemessagev2. doc The valuation ratios are updated at approximately 09:00 GMT on every sixth busines s day of the following month. INDEX DESCRIPTION RUSSELL TOP 50 RUSSELL TOP 200 RUSSELL TOP 200 GROWTH RUSSELL TOP 200 VALUE RUSSELL 1000 RUSSELL 1000 GROWTH RUSSELL 1000 VALUE RUSSELL 2000 RUSSELL 2000 GROWTH RUSSELL 2000 VALUE RUSSELL 2500 INDEX MNEMONIC RRUST50 RRUS200 RRUS20G RRUS20V RRUSS1L RRUS1GR RRUS1VA RRUSS2L RRUS2GR RRUS2VA RRUS250 DATATYPES PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PCBASE DATE 30/01/1998 31/01/2002 29/12/1978 31/01/2002 31/03/1986 31/01/2002 31/03/1986 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 23 RUSSELL 2500 GROWTH RUSSELL 2500 VALUE RUSSELL 3000 RUSSELL 3000 GROWTH RUSSELL 3000 VALUE RUSSELL 3000E RUSSELL 3000E GROWTH RUSSELL 3000E V ALUE RUSSELL SMALL CAP COMPLETENESS RUSSELL SMALL CAP COMPLETENESS GROWTH RUSSELL SMALL CAP COMPLETENESS VALUE RUSSELL MIDCAP RUSSELL MIDCAP GROWTH RUSSELL MIDCAP VALUE RUSSELL MICROCAP RUSSELL MICROCAP GROWTH RUSSELL MICROCAP VALUE RRUS25G RRUS25V RRUSS3L RRUS3GR RRUS3VA RR3000E RR30GRE RR30VAE RRS3XSD RRS3GXD RRS3VXD RRUSMID RRUSMIG RRUSMIV RRUSMIC RRUSMGR RRUSMVAPS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC 31/03/1986 31/01/2002 31/03/1986 31/01/2002 29/12/1978 31/01/2002 30/03/1979 31/01/2002 30/03/1979 31/01/2002 30/06/2005 30/06/2005 30/06/2006 30/06/2006 30/06/2006 30/06/2006 31/12/1979 31/01/2002 31/12/1979 31/01/2002 31/12/1979 31/01/2002 29/12/1978 31/01/2002 31/03/1986 31/01/2002 31/03/1986 31/01/2002 30/06/2005 30/0 6/2005 30/06/2006 30/06/2006 30/06/2006 30/06/2006Global Property Research Two new indices from Global Property Research are now available on Datastream. History is available from 28 March 2008. INDEX NAME GPR 250 PSI CHINA GPR 250 PSI CHINA E GPR 250 PSI CHINA $ GPR 250 REIT CHINA GPR 250 REIT CHINA E GPR 250 REIT CHINA $ MNEMONIC GPR2CHL GPR2CHE GPR2CH$ GPRRCHL GPRRCHE GPRRCH$ DATATYPE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 2 Middle East Update Jordan – Additional Equity Datatypes Thomson Reuters has released additional Jordan unadjusted price datatypes on Datastream from 18 March 2008.The additional equity datatypes are: †¢ Unadjusted price ask (UPA) †¢ Unadjusted price bid (UPB) †¢ Unadjusted price high (UPH) †¢ Unadjusted price low (UPL) †¢ Unadjusted price open (UPO) †¢ Unadjusted trade volume (UVO) The Jordan stocks currently covered on Datastream can be found in the list FJORD. The prices are updated at approximately 12:30 GMT. Asia Update Thailand – Additional Datatypes Market value (MV) is now available for all Thailand Stock Exchange indices. History is available from 25 December 2007. In addition to the MV data, other datatypes are also now available for the Thai Industry Group Indices – these are: PE, BP, DY, MV, VO and VA. History is available from 25 December 2007.Thailand Benchmark and Sector Indices INDEX NAME BANGKOK SET BANGKOK SET 50 BANGKOK SET 100 THAILAND MAI THAILAND SE AGRIBUSINESS THAILAND SE FOOD AND BEVERAGE THAILAND SE FASHION THAILAND SE HOME & OFFICE PRODUCTS THAILAND SE PERSONAL PRODUCTS & PHARMACEUTICALS THAILAND SE BANKING THAILAND SE FINANCE AND SECURITIES THAILAND SE INSURANCE THAILAND SE AUTOMOTIVE THAILAND SE INDUSTRIAL MATERIALS & MACHINERY THAILAND SE PACKAGING THAILAND SE PAPER & PRINTING MATERIALS THAILAND SE PETROCHEMICALS & CHEMICALS THAILAND SE CONSTRUCTION MATERIALS THAILAND SE PROPERTY DEVELOPMENT THAILAND SE ENERGY & UTILITIES THAILAND SE MINING THAILAND SE COMMERCE THAILAND SE HEALTH CARE SERVICES THAILAND SE MEDIA & PUBLISHING THAILAND SE PROFESSIONAL SERVICES THAILAND SE TOURISM & LEISURE THAILAND SE TRANSPORTATION & LOGISTICS THAILAND SE ELECTRONIC COMPONENTS THAILAND SE INFORMATION & COMMUNICATION TECHNOLOGY MNEMONIC BNGKSET BNGKS50 BNGK100 BNGKMAI BNGKAGR BNGKFDI BNGKFHN BNGKHHG BNGKPPH BNGKBNK BNGKFIN BNGKINS BNGKAUT BNGKIMM BNGKPAK BNGKPPM BNGKPET BNGKCTR BNGKPDV BNGKENG BNGKMIN BNGKCOM BNGKHCS BNGKENR BNGKPFS BNGKHOT BNGKTLO BNGKELC BNGKCMM DATATYPE MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 2 Thailand Industry Group IndicesINDEX NAME THAILAND SE AGRO & FOOD INDUSTRY THAILAND SE CONSUMER PRODUCTS THAILAND SE FINANCIALS THAILAND SE INDUSTRIALS THAILAND SE PROPERTY & CONSTRUCTION THAILAND SE RESOURCES THAILAND SE SER VICES THAILAND SE TECHNOLOGY MNEMONIC BNGKAGF BNGKCON BNGKFNI BNGKIND BNGKPRO BNGKRES BNGKSER BNGKTEK DATATYPE PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 2 I/B/E/S GLOBAL AGGREGATES CONTENT ENHANCEMENT – RELEASE OF ADDITIONAL MONTHLY HISTORY FOR FIVE ASIAN INDICES Thomson Reuters has released additional monthly history for five major indices in Asia to I/B/E/S Global Aggregates.Previously going back only one year, monthly history for these indices now goes as far back as January 2005, with weekly history back to January 2006 – providing even more value-added content. The five series are: COUNTRY TAIWAN TAIWAN TAIWAN MALAYSIA MALAYSIA IGA INDEX NAME TAIWAN SE WEIGHTED TAIEX TSEC TAIWAN 50 TSEC TAIWAN MIDCAP 100 KUALA LUMPUR COMPOSITE INDEX (KLCI) KUALA LUMPUR SE EMAS IGA IDENTIFIER TAIEX TSEC50 TSECMID KLCI KLEMAS DATASTREAM MNEMONIC @:TAIEX @:TASEC5 @:TAMID1 @:MYKLCI @:MYEMAS This additional history was made available with the March 2008 monthly run. For further information or assistance, please contact content. [email  protected] com or your local Thomson Datastream customer service or account team. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 2DATASTREAM DELIVERS SOUGHT-AFTER COMMODITY INFORMATION FROM PLATTS Market watchers know that commodities are now in their fifth year of a bull run, with many hitting their all-time high price over the last year or so and drawing the attention of hedge funds, investment houses and others looking to increase their portfolio weightings in this asset class. Now Thomson Datastream clients can access end-of-day commodity price assessments by way of the industry-leading Platts Dispatch product, to help them reduce risk as they make key trading decisions, value positions and analyse data. †¢ Platts, a division o f McGraw-Hill, provides industry-standard commodity price assessments that are critical elements used to settle short- and long-term OTC contracts worldwide. Renowned for their energy commodity coverage, Platts pricings help industry specialists understand commodity price trends and developments. Available on a pass-through basis, Platts Dispatch over Thomson Datastream delivers end-of-day price assessments, third-party data, and an historical database of more than 25,000 commodity time series, many with several decades of data. †¢ Platts commodities data spans: oil and shipping; petrochemicals; metals; electricity and gas; coal and emissions; data via American Petroleum Institute Statistics; and Petroleum Administration for Defense Districts’ prices. †¢ Overall, the content is available through 129 data categories, which can be chosen individually or grouped into packages, and may contain one or more of the following data attributes: high, low, bid, ask, mid-price, close and volume.Frequency of series ranges from daily, weekly, monthly or infrequently – priced when an event occurs. †¢ Clients subscribing to Platts content through Thomson Datastream will be able to use its existing functionality and integrate this content with other available leading Thomson Datastream content sets. All clients must maintain a direct agreement, which must be in place with Platts prior to the client being entitled to its data. More information on the data and how clients can obtain an agreement for it can be found on: http://extranet. datastream. com/data/Commodities/Index. htm INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 2 METALS EXPANSION COVERAGEThomson Reuters has expanded Datastream’s metal coverage with an additional 00 new time series, covering Asian metal spot prices with a distinct focus on the Chinese market and the inclusion of steel price indices and other steel-related products. Customers can now access CRU Steel price ind ices for semi-finished and finished carbon steel products, known to be the most widely used benchmarks in the world steel industry. Complementing these indices are SteelHome’s China Steel price indices. In additional to steel indices, Chinese metal prices from local steelmakers with the following characteristics are now available: †¢ Stainless steel †¢ Coke/coal †¢ Iron ore †¢ Pig iron/scrap †¢ Wire rod/rebar †¢ Medium plates †¢ CR/HR †¢ Section †¢ Ferro-alloy/non-ferrous INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 29Further expansion with a focus on Asian metal prices is now available for the following categories: †¢ Base metals †¢ Minor metals †¢ Rare earths †¢ Ferro-alloys †¢ Refractories †¢ Iron and steel Chinese Base Metals Comparison INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 30 ECONOMICS ROUND-UP New Series More than 3,000 series have recently been added to the Economics database, w ith particular emphasis on more detail in key coverage areas such as international trade. Some of the highlights are summarised below, with links given to the relevant Content Updates on the Datastream Extranet, where more information and series listings are available. Trade Detail for Turkey More than 300 commodity trade series are now available for Turkey, as sourced from the Turkish Statistical Institute.Import and export coverage is given by three different classification schemes: Broad Economic Categories, International Standard Industrial Classification (ISIC) and Standard International Trade Classification (SITC). Also added were trade by country series. All data is monthly, most with start dates from January 1996. (See Content Updates #2780, 2791, 2794 and 2819. ) Trade detail has also been recently added for France and Brazil. See the table below. Confidence Surveys for Indonesia Series from the Bank of Indonesia’s surveys on business and consumer expectations have b een released on Thomson Datastream. The new data includes information about business conditions during the current quarter, as well as expectations for the following quarter, by industry. Concepts covered are business activities, selling prices and usage of labour. 2772) The consumer survey is headlined with three indices – Consumer Confidence Index (CCI), Current Economic Condition Index (CECI) and the Consumer Expectation Index (CEI). Also available are price expectations of major commodities in three and six months’ time, consumption plans and appraisal of economic conditions. (2769) In the News †¢ US Housing House purchase price indices, produced by the Office of Federal Housing Enterprise Oversight (OFHEO), are now available. Data is reported for the US total and nine Census divisions on a quarterly basis. (2824) †¢ Energy in China Series detailing consumption of energy fuels and electricity by industry have been added.The statistics are annual, as repor ted by National Bureau of Statistics of China (NBS). (2775) The table overleaf itemises the new data releases that have been made over the last two months. The table provides access links to the original Content Update announcements on the Research Extranet, where more information is given, including series lists – just click on the description in the first column, which is a hyperlink. Also provided are Navigator citations and links – referring to locations in Thomson Datastream Navigator, Explorer for Economics, where the relevant series are shown. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 31 New Series by Region # Series Content Navigator Location Added Update #See Explorer for Economics> National Sources 129 6 7 18 7 16 5 15 54 40 2867 2880 2847 2837 2833 2835 2853 2879 2796 2824 Brazil > External Sector > Imports and Exports > Trade by Commodity Brazil > External Sector > International Reserves Brazil > Money and Finance > Money Supply Chile > Key Indicato rs Chile > External Sector > External Investment & Debt Chile > Government Sector > Government Surplus/Deficit Chile > External Sector > International Reserves Colombia > Industry Sector > Housing and Construction Detail United States > Money & Finance > Banking (MFIs) > FDIC Quarterly Banking Profile United States > Industry Sector > Housing & Construction Detail > OFHEO House Price Index AmericasBrazilian External Trade by Commodity Brazilian International Reserve Assets Brazilian Money Supply Components Chilean Consumer Credit and Bank Lending Chilean External Debt Chilean Government Accounts Chilean Official Reserves Colombian Housing Construction by Cities US FDIC Quarterly Banking Profile US OFHEO Purchase-Only House Price Indices Asia Chinese Energy Series Indonesian Business Survey series Indonesian Consumer Confidence Survey Indonesian Retail Sales Survey series Japanese Lease Series 73 104 83 16 15 2775 2772 2769 2774 2844 See Explorer for Economics > National Sources Chin a > Industry Sector > Other Industry detail > Energy Indonesia > Surveys & Cyclical Indexes > Business Surveys Indonesia > Surveys & Cyclical Indexes > Consumer Surveys Indonesia > Surveys & Cyclical Indexes > Retail Sales Survey Japan – Premium Service > Industry Sector > Other Industry Detail > Machinery & Equipment > Equipment Leasing & PurchasesJapanese Motor Vehicle Imports Japanese Treasury Funds Receipts & Payments Balances with the Private Sector Malaysian Bank Lending Malaysian Foreign Reserves Malaysian Manufacturing Sales Value New Zealand Manufacturing Survey series Thailand Non-Performing Loans 11 29 2763 2770 Japan – Premium Service > Industry Sector > Automobiles & Transport Detail > Vehicle Imports Japan – Premium Service > Government Sector > Treasury Funds Balance of Receipts & Payments with the Private Sector 25 6 1 48 16 2825 2797 2839 2785 2832 Malaysia > Money & Finance > Banking (MFIs) Malaysia > Money & Finance > International Reserves > Monthly series Malaysia > Industry Sector> Industrial Production > Manufacturing Production and Sales New Zealand > Industry Sector > Sales, Orders, Inventories Thailand > Money & Finance > Banking (MFIs) > Non-Performing Loans EuropeAustria Producer Price Index Austrian Labour Market Austrian Wholesale, Retail Trade and Services Bulgarian National Accounts Danish Gross Fixed Capital Formation Finnish Gross Fixed Capital Formation – Construction French External Trade Statistics by Commodity & Area Netherlands Government Sector series Netherlands Seasonally Adjusted Quarterly Industrial Production Series Portuguese Employment and Industrial Sales Turnover Portuguese Government Revenue and Expenditure Romanian Consumer Price Index Romanian Wages and Earnings Slovak National Accounts Spanish International Reserves United Kingdom Detailed Index of Production 63 23 14 315 49 6 165 2873 2802 2852 2779 2789 2877 2857 35 39 90 8 12 20 298 35 12 2812 2868 2850 2859 2818 2826 2861 2810 2790See Explorer for Economics > National Sources Austria > Prices > Producer Prices Austria > Labour Market > Employment & Hours Austria > Industry Sector > Sales, Orders, Inventories > Retail Sales and other lists Bulgaria > National Accounts > GDP by industry Denmark > National Accounts > Investment/Capital Formation various lists Finland > National Accounts > Investment/Capital Formation France > External Sector > Imports & Exports > Trade by Commodity various lists Netherlands > Government Sector Netherlands > Industry Sector > Industrial Production & Utilisation > Production Indices SA Portugal > Labour Market > Employment & Hours and Wages & Earnings Portugal > Industry Sector > Sales, Orders, Inventories Portugal > Government Sector > Government Surplus/Deficit Romania > Prices > Consumer Prices Romania > Labour Market > Wages & Earnings Slovakia > National Accounts > GDP by Expenditure Spain > External Sector > International Reserves United Kingdom > Industry Sector > Indu strial Production & Utilisation > Main Indicators > Seasonally Adjusted and Not Seasonally Adjusted INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 32 New Series by Region # Series Content Navigator Location Added Update #See Explorer for Economics > International Sources – History 230 2754 European Commission > Business and Consumer Surveys various lists Eurozone European Commission Aggregate Series for Eurozone 15 #5 – Business & Consumer Surveys ECB Aggregate Series for Eurozone 15 #6 – Prices and Labour Market ECB Aggregate Series for Eurozone 15 #7 – Retail Sales 10 2855 15 2845 European Central Bank > ECB Monthly Bulletin > Prices, Output, Demand and Labour Markets > Labour Market and HICP, Other Prices and Costs European Central Bank > ECB Monthly Bulletin > Prices, Output, Demand and Labour Markets > Output and Demand Middle East & AfricaEgyptian Foreign Direct Investment by Area Egyptian Remittances Israel Wages and Employee Posts Israeli Natio nal Accounts South Africa Energy Statistics Turkish Foreign Trade by Commodity (Broad Economic Categories) Turkish Foreign Trade by Commodity (ISIC Classification) Turkish Foreign Trade by Commodity (SITC) Turkish Foreign Trade by Country 77 152 45 2791 2794 2819 31 21 99 198 10 42 2860 2838 2764 2752 2854 2780 See Explorer for Economics > National Sources Egypt > External Sector > External Investment & Debt Egypt > Labour Market > Wages and Earnings Israel > Labour Market > Employment & Hours and Wages & Warnings Israel > National Accounts > GDP by Expenditure South Africa > Industry Sector > Other Industry Detail Turkey > External Sector > Imports & Exports > Trade by Commodity > Imports and ExportsTurkey > External Sector > Imports & Exports > Trade by Commodity > Imports and Exports Turkey > External Sector > Imports & Exports > Trade by Commodity > Imports and Exports Turkey > External Sector > Imports & Exports > Trade by Country International OECD Main Economic Indicators â⠂¬â€œ February 2008 24 2768 See Explorer for Economics > International Sources – History OECD Main Economic Indicators > Indicators for OECD Zones and Indicators for OECD NonMember Countries various lists OECD Main Economic Indicators – March 2008 8 2834 OECD Main Economic Indicators > Indicators for OECD Member Countries and Indicators for OECD Non-Member Countries various lists INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 33Revisions and Methodology Changes It has been a busy period, with revisions to US seasonally adjusted data and index rebasings in a number of markets. Other more substantive changes have been made to balance of payments and the trade-weighted exchange rate for Euroland, household interest rates for the UK, Flow of Funds and Household Economy Survey for Japan, and unemployment statistics for Denmark. The following table summarises the revisions that have taken place in the last two months. Please refer to the Content Update itself (hyperlinked from the table) for further information and mnemonics of affected series. Country Revised Data Content Update # Changes to Economic SeriesAustralia Austria Denmark Euroland Israel Italy Japan Australian Construction Work Done Revised Australian Labour Force Survey Revised Austrian Wages Rebased Danish Unemployment Methodology Changed ECB Effective Exchange Rates Redefined Eurozone Monthly Balance of Payments Changed Israeli Wages and Employment Data Revised Italian External Trade Index Rebased Japan Electronic Equipment Market Size and Demand Forecasts Changed Japan Flow of Funds Accounts Series Methodology Changed Rebased Japanese Household Economy Survey Partly Discontinued Japan Real & Nominal Effective Exchange Rates Redefined Philippines South Korea Philippine Industrial Production Indices Rebased Philippine Producer Price Indices Rebased South Korean Business Indicator Composite Indices Rebased South Korean Housing Purchase Price Index Rebased South Korean Industrial Producti on Rebased South Korean Manufacturing Production Rebased & Changed South Korean Retail Sales Rebased South Korean Service Industry Index Rebased Sweden Taiwan Thailand Turkey UK USA Swedish Retail Sales Index Rebased Taiwanese Price Indices Rebased Thai External Trade & Terms of Trade Index Rebased Turkish National Accounts Rebased UK Bank of England Household Interest Rates Changed US Industrial Production & Capacity Utilization Revised US Seasonally Adjusted Consumer Price Indices Revised US Seasonally Adjusted Existing Home Sales Revised US Seasonally Adjusted Pending Home Sales Revised US Seasonally Adjusted Producer Price Indices Revised US Seasonally Adjusted Unemployment Insurance Claims Revised US Wholesale Trade: Sales and Inventories Revised 2792 2848 2827 2842 2760 2820 2759 2858 2849 2869 2878 2846 2757 2876 2821 2805 2799 2811 2813 2809 2806 2800 2767 2828 2836 2864 2882 2762 2784 2804 2781 2871 2872 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 3 Key Indicator Cha nges The Economics team continues to review Key Indicator selections for each market, in order to add more, ensure the best selection and bring more consistency across countries. See below for recent additions and hyperlinks to relevant Content Updates, where more information is given. Key Indicator ChangeAustria Consumer Credit Added Austria International Reserves Selection Changed Austria Producer Prices Selection Changed Chilean Consumer Credit and Bank Lending Added Israeli Employment and Wages Selection Changed Polish Producer Price Index Resourced Romanian Producer Price Index Now on Fixed Base Swedish Business Confidence Indicators Selection Changed Thai Bank Loans Series Added Mnemonics OECRDCONA OERESERVA OEPROPRCF CLCRDCONA & CLBANKLPA POPROPRCF RMPROPRCF SDCNFBUSR & SDCNFBUSQ THBNKLONA Content Update # 2822 2807 2843 2837 2766 2793 2798 2773 ISWAGES. E, ISWAGMANF & ISEMPALLG 2758 Interest Rates Repo Rates for Thailand Four bilateral repurchase rates, as released by the Ba nk of Thailand, are now available. The series are weighted average rates with 1, 7, 14 and 30-day terms.The Bilateral Repurchase Operation is conducted through appointed Bilateral Primary Dealers and helps in stimulating the private repurchase market. Repurchase transactions are used by the bank to temporarily add or drain reserves available in the banking system. Mnemonics are as follows: Description THAILAND BILATERAL REPO RATE 1 DAY THAILAND BILATERAL REPO RATE 7 DAY THAILAND BILATERAL REPO RATE 14 DAY THAILAND BILATERAL REPO RATE 30 DAY DS Mnemonic THBRP1D THBRP7D THBRP2W THBRP1M Datatype IR IR IR IR INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 3 NEW VALUATION RATIOS RELEASED IN MARCH March saw the release of 1 new valuation ratios on Thomson Datastream.These ratios are calculated on the equity level as well as the industry, sector, country and regional levels of the Datastream Indices, and allow a great number of data comparisons to highlight trends which previously woul d have needed compilation of data before use. In brief, these ratios are based on the Worldscope database items and using wherever possible the latest interim data on a 12-month trailing basis. The full methodology is described in the following link on the Extranet: http://extranet. datastream. com/data/Equities/documents/DatastreamGlobalEquityIndicesvaluationdatatypes-rulesvs4final. pdf INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 3 So what can we do with these ratios?You can compare a company to its industry, locally and regionally, as is illustrated here using Return on Equity. About Martek Biosciences Corporation Founded in 1985, the group’s principal activity is to develop, manufacture and sell naturally produced products derived from micro-algae, fungi and other microbes. The group’s products and services include speciality, nutritional oils for infant formula, nutritional supplements and food ingredients to promote mental and cardiovascular health, fluores cent markers for diagnostics, rapid miniaturised screening and gene and protein detection. Its ROE is compared here with the US Food & the World Food industries.You can also †¦make sector comparisons across different regions of the world using the regional-level aggregates Here we have compared the Capital Expenditure of the Pharmaceutical industry in various regions: Europe, USA, Far East and World. Capital expenditure for USA and Europe represents almost 90% of the capex spent in that industry worldwide, and it’s interesting to see how the drop in US relative capex has been totally mirrored by an increase in Europe’s importance in this domain. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 3 †¦or look at a particular sector in a different light, using here the Interest coverage ratio to illustrate the Turkish Telecom Sector and its ability to repay debt Interest charge coverage, also called interest coverage ratio, is defined by EBIT divided by the inte rest expense for each period.It indicates the ability of the company (or in this case the sector) to repay its debt using the income generated by the business. Levels above 3 are considered having a strong ability to repay debt, while businesses whose ratio drops below 1. 5 (red line on the chart) are considered risky. It’s interesting to show how the sector market index started picking up once the interest coverage ratio moved above 3 towards the end of 2004. This is also when the sector was open to competition. New licences were granted to 16 suppliers of data transmission services in fixed telephony. Further steps towards liberalisation and breaking up of the monopoly were taken in 2005/06 by the sale of Turk Telekom.Vodafone repurchased Telsim, the second largest mobile phone operator. The Turkish telecommunications network continued to grow, currently ranked the 13th largest market in the world and fifth in Europe. INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 3 COM PANY ADDITIONS TO WORLDSCOPE During February and March over 00 companies were added to the Worldscope Database. These additions included 112 US Companies and a continuing expansion of coverage of Middle Eastern markets. Also, Nigeria was added to our country coverage. Worldscope’s total coverage at 8th April 2008 consisted of 56,448 companies, 36,508 of which were active companies. 10,172 of these companies are Limited data set companies (8,064 active).COUNTRY ARGENTINA AUSTRALIA AUSTRIA BAHRAIN BELGIUM BERMUDA BRAZIL CANADA CAYMAN ISLANDS CHILE CHINA COLOMBIA CZECH REPUBLIC DENMARK EGYPT ESTONIA FINLAND FRANCE GERMANY GREECE HONG KONG HUNGARY ICELAND INDIA INDONESIA IRELAND ISRAEL ITALY JAPAN JORDAN KOREA (SOUTH) KUWAIT LITHUANIA LUXEMBOURG MALAYSIA MEXICO MOROCCO NETHERLANDS TOTAL 0 FEB 200 113 2490 203 35 286 82 602 2524 28 261 1903 54 82 330 59 7 238 1657 1550 401 1168 46 19 2102 401 158 225 525 4816 30 1154 87 3 68 1208 227 26 408 COMPANIES ADDED FEB-MAR 200 5 25 1 5 5 1 2 15 2 3 50 0 1 0 3 0 0 13 4 0 4 5 0 26 8 0 2 6 37 5 17 9 0 0 4 2 0 1 ACTIVE  APR 200 86 1912 105 40 148 76 386 1598 22 218 1895 35 20 170 55 7 138 866 1052 288 1022 29 17 2023 359 79 186 295 3971 35 974 96 3 46 1002 132 24 212 INACTIVE  APR 200 32 603 99 0 143 7 218 941 8 46 58 19 63 160 7 0 100 804 502 113 150 22 2 105 50 79 41 236 882 0 197 0 0 22 210 97 2 197 TOTAL  APR 200 118 2515 204 40 291 83 604 2539 30 264 1953 54 83 330 62 7 238 1670 1554 401 1172 51 19 2128 409 158 227 531 4853 35 1171 96 3 68 1212 229 26 409 INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 39NEW ZEALAND NIGERIA NORWAY PAKISTAN PERU PHILIPPINES POLAND PORTUGAL QATAR RUSSIAN FEDERATION SAUDI ARABIA SINGAPORE SLOVAKIA SLOVENIA SOUTH AFRICA SPAIN SRI LANKA SWEDEN SWITZERLAND TAIWAN THAILAND TURKEY UNITED ARAB EMIRATES UNITED KINGDOM UNITED STATES VENEZUELA VIRGIN ISLANDS (BRITISH ZIMBABWE OVERALL TOTALS 202 0 409 152 103 263 263 144 35 123 55 772 25 11 843 316 34 607 437 1685 639 263 36 4563 181 92 50 13 30 1 3 5 5 2 13 2 21 1 1 33 24 9 0 1 20 5 2 6 1 35 5 0 13 23 112 0 0 4 0 114 5 193 130 86 241 246 60 36 141 79 647 10 12 370 150 32 330 275 1500 535 230 48 2298 9039 35 12 32 30 91 0 221 24 30 24 38 85 0 15 0 134 15 0 493 171 4 283 163 220 109 33 1 2288 9265 15 1 2 1990 205 5 414 154 116 265 284 145 36 156 79 781 25 12 863 321 36 613 438 1720 644 263 49 4586 18304 50 13 34  INFOSTREAM MAY/JUN 2008  © THOMSON REUTERS 2008 0 CONTRIBUTORS PRODUCT MANAGEMENT PAUL BACON DATAFEEDS paul. [email  protected] com +44 (0)20 7324 6873 JULIAN RICKARDS DATASTREAM ADVANCE, DSWINDOWS, DSDDE julian. [email  protected] com +44 (0)20 7336 1944 CASEY PEARCE DATASTREAM INTERACTIVE CHARTING casey. [email  protected] com +44 (0)20 7324 9359 IAN BROCKLEHURST THOMSON ONE INVESTMENT MANAGEMENT SOLUTIONS ian. [email  protected] com +44 (0)20 7324 8890 DAVID BERNARD THOMSON ONE INVESTMENT BANKING SOLUTIONS david. [email  protected] com +44 (0)20 7336 1930 STEVE KELLY THOMSON EXTEL SURVEYS steve. [email  protected] com +44 (0)20 7324 9200 CONTENT MANAGEMENTNICOLAS DE LAURENS CASTELET GLOBAL CONTENT SOLUTIONS nicolas. [email  protected] com +44 (0)20 7336 1950 STEPHEN CARTER COMPANY ACCOUNTS stephen. [email  protected] com +44 (0)29 2063 1943 ANNE SIEBER EQUITIES, EQUITY INDICES, FUNDS & 3RD-PARTY DATA anne. [email  protected] com +44 (0)20 7324 9741 JAMES BRIGHT I/B/E/S GLOBAL AGGREGATES ESTIMATES DATA james. [email  protected] com +44 (0)20 7324 9600 NELSON SALSINHA DERIVATIVES & COMMODITIES nelson. [email  protected] com +44 (0)20 7324 9455 MADELEINE DISARIO ECONOMICS madeleine. [email  protected] com +1 301 545 4255 TONY MCCORMACK FIXED INCOME tony. [email  protected] com +44 (0)20 7014 1232

20 College Essay Topics Key Ideas Why Education Is Important

20 College Essay Topics Key Ideas Why Education Is Important According to Nelson Mandela, Education is the most powerful weapon which you can use to change the world and promoting it is pivotal. Therefore, if you- a college student- are assigned with the task of writing on its importance, the responsibility of doing justice to your essay is one you cannot take lightly for it is our collective responsibility to let the world know its importance. To simplify your task of writing about the importance of education, this article will provide you with enough information to get you started as well as a guideline on how to go about developing your essay in a structured and coherent fashion. Here, you will find 20 topics dedicated to the subject matter you were assigned as well as a sample essay below. And here is one last professional tip, it is important that when selecting a topic, you chose a topic that resonates closely with your interests because writing on what truly interests you is quite easier than the alternative. So here are the 20 topics you can choose from when drafting your own essay assignment: Analysing Education’s Ability to Empower Young Women Population Education as a Strategy for Children’s Survival and Better Maternal Health The Impact of Education on Child Nutrition and Reducing Malnutrition How Education Can Reduce Global Poverty and Hunger Is Education the Cure for Poverty? Girls, HIV/AIDS, and Education Education in the Fight Against HIV and AIDS The Impact of Education on Personal and Economic Growth Why Educating Girls Matter to Economic Growth Tackling Youth Unemployment Through Educational Programs The Role of International Education in Peacebuilding Analysing the Contribution of Education to Eliminating Social Conflict and Extremism Importance of Education in our Lives and Societies Importance of Education for Sustainable Environmental Development The Role of Education as a Tool for Environmental Conservation The Role of Education in the Pursuit of Globalization and Internationalization The Importance of Education in National Integration Impact of Education in Rural Development Processes The Importance of Education in Integrating Muslim Youths Why Education is Important for Financial Literacy You would agree that these are some cool topics on the importance of education you can work on for your college essay. And a cursory look at the topics on this list, will show that every one of them does not need too much research to accurately draft an essay on the subject matter. To further simplify your task of drafting an essay on education, here are 10 facts which can be integrated throughout the body of your essay as well is our genre focused essay guide. Lastly, a sample essay will be provided to serve as a guideline for anyone reading this. Note that the sample essay will also take its topic from one on the list above. Sample College Essay: How Education Can Reduce Global Poverty and Hunger The large strides made by UNICEF in ensuring the provision of quality basic education for children has been lauded for all the right reasons and in the 2000 Education for All (EFA) program as well as other like-minded initiatives were also launched to support UNICEF’s push for education in both urban and rural areas. This raises a few questions: why is educating the world so important to UNICEF? And what have these initiatives achieved globally? These among other questions are what this essay intends to answer in the coming paragraphs. The Millennium Development Goals (MDG) launched by the UNICEF in 2000 and its follow up program the Sustainable Development Goals created in 2015 have been successful in increasing the economic situation of both underdeveloped and developing nations, enlightening the world on communicable diseases as well as pushing an agenda for worldwide peace. But here, emphasis will be placed on how educating the world’s populace has reduced global poverty and how aggressively pursuing the global education agenda will continue to reduce hunger internationally. The education of an entire population has been known to lead to economic growth which is viewed as a by-product of global education. Studies on the effect of education has shown that each extra year an individual spends schooling directly increases his or her ability to earn by 10% later on in life. A population’s increased ability to earn then creates a trickle-down effect as adults now posses the ability to adequately take care of their families as well as send their children to school. The overall economic growth in turn reduces the percentage of people living in poverty as more and more adults begin to have the financial capacity to cater for their immediate family. Also important is the fact that a country with 40% of its adult population having achieved some form of education, experiences continuous economic growth thereby putting it on the right track to eliminate extreme poverty in the EU by 2020 or in Africa by 2063 according to UNICEF’s initiatives. Educating the world is an admirable goal but the disparity between the number of girls educated compared to boys has been lopsided for decades in favour of boys. This disparity has prompted UNICEF to place special emphasis on educating women/girls and the corresponding results have been encouraging. Statistics show that educating the women has led to a 22% increase in crop yield in Kenya. This goes to show that applying these educative initiatives in gender-repressive communities globally, will accelerate the goal of ending poverty and world hunger more quickly. Therefore pursuing a global education agenda is an admirable goal which everyone should be involved with in their own capacity. It is encouraged that we write essays supporting educational initiatives on a global scale, discuss them on social media networks or be a part of the SDG which took effect in 2015. Here we come to the end of these guidelines on choosing a topic and developing your chosen topic in a coherent manner and hopefully, the directions provided here will serve you well when drafting your essay. References: Wikipedia. (2015). Educational Equity https://en.wikipedia.org/wiki/Educational_equity Kavya, V. (2015). Top 15 Reasons Why Education is Extremely Important. http://listsurge.com/top-15-reasons-education-important/ Fien, J. (2001). Education for Sustainability 50-53. Sensoy, O. (2008). Is Everyone Really Equal? 30-33. Demillo, A. (2005). Revolution in Higher Education 59-62. The UNAID Initiative. (2014). Educate Girls Fight AIDS. http://data.unaids.org/GCWA/gcwa_fs_girlseducation_sep05_en.pdf Caroline, H. (2009). The Role of Education as a Tool for Environmental Conservation and Sustainable Development. iccs.org.uk/wp-content/thesis/phd-howe,caroline09.pdf

How to Flavor Rock Candy

How to Flavor Rock Candy Ive been trying out kits for educational toys, like slime and the chemical volcano, but one kit I just cant bring myself to buy-and-try is the rock candy kit. Why? Its around $12 and doesnt even come with the sugar... just a stick, container, and flavored food coloring. I can come up with my own jar and popsicle stick to make my own rock candy and I suspect you can too. If you want flavoring, there are couple of ways to go. You can add a few drops of flavoring to your saturated sugar solution. These are extracts or flavorings that you would buy in the spice section of a grocery store. You use these by adding food coloring and a couple of drops of flavoring to your crystal solution. Cherry, lemon, lime, orange, mint, and cinnamon all work well. Another option is to dissolve Kool-aidâ„ ¢ or other drink mix in the crystal growing solution to (intensely) flavor your rock candy.If you have experience with the rock candy kit and think its worth the money, let me know and Ill try it out, but I suspect you can save your pennies and get equally good or better results on your own. Troubleshoot Problems Growing Rock Candy

Audit Assurance and Compliance Case Study

As per the specific roles and responsibilities of independent auditors, it can be said that the independent auditors have the accountability to prepare as well as present financial declarations based on the accurate historical data of the organization and by considering the company’s financial as well as trading standpoints (Glover et al. 2014). However, the financial announcements of the company need to replicate the actual financial condition of the firm during a particular period of time founded on the flows of cash, functional results, incomes as well as gains along with income and profits (Kend et al. 2014). Nevertheless, in certain cases, particular events or else circumstances might crop up after the specific date of authorizing and declaring the pecuniary reports of the firm. Therefore, it becomes important to adjust and incorporate the effects of these events in the financial declarations in the upcoming financial reports that is to be declared by the corporation. In addition to this, the independent auditors also have the need to attach significance to the events that take place prior to the process of preparation as well presentation of the financial declarations and take into account the material impacts of the events on the preparation of the financial statements related to the organization (Schmidt et al. 2016). Thus, there is pressing need for conducting obligatory adjustments for the purpose of disclosing several critical facts regarding the financial soundness of the organization during the specific period of time. As per the effective adjustments in the financial statements made during the period September 2002, the incidences triggered by the disclosures or else non disclosures can be indicated to the consequent events that involved several parties. As per the case study, it can be hereby ascertained that EFL had to bear huge amount of losses owing to the bankruptcy of the corporation Impulse. It can further inferred that this specific loss is mostly caused due to the non-disclosure of proper financial information of Impulse by the auditing and accounting firm King & Queen of Impulse Pty Ltd. Based on the norms and principles of auditing, it can be hereby inferred that the actions steered by the auditing firm King & Queen was immensely unethical. Consequently the auditing firm is accountable to the financing company EFL for the losses it has suffered by disbursing huge amount of loans to the company Impulse based on the financial reports of the firm (Messier Jr 2016). B.The analysis of the case study reveals the fact that King & Queen might not face legal charges based on certain condition. The independent auditing company would not face any legal charges in case if it delivered the right information concerning the financial condition of the firm Impulse to the EFL at the time when EFL asked about written explanation in quest of advice from King & Queen related to the financial condition of the firm. King & Queen had the need to provide credible financial information regarding the firm Impulse to the financing firm EFL if it had clearly written regarding their decision for disbursement of loan based on the financial announcements presented by the King & Queen. However, if EFL agreed to disburse loans to Impulse even after receiving and knowing the actual financial information regarding the company Impulse, then EFL cannot hold King & Queen responsible for the bitter consequences. However, as per the conditions stipulated under the â€Å"paragraph s (93 to 97) of â€Å"PCAOB Auditing Standard No 5†, the auditing corporation King & Queen had the need to undertake an assimilated audit of the financial announcement of the company Impulse in a bid to generate an appropriate financial statement of the firm and to declare about the real health and financial soundness of the company (Moroney et al. 2014). In addition to this, there was also need for maintenance of internal control related to the particular approach of the firm regarding auditing. The maintenance of internal control can help in delivering the direction associated to the consequent events as mentioned in the in the case study. The internal control in organization can also help in proper audit of financial reports and provide proper advice to the auditors. The right guidance to the auditing firm King & Queen can help in averting different liabilities that are associated to the different consequences of events as stated above. The auditing therefor, also needs to abide by the guidelines related to the associated to auditing standards for undertaking the practices of audit as well as their approaches of audit (Stuart 2012). The auditing firm such as King & Queen can adhere to the stipulations conditioned under the Australian Auditing Standards mentioned under the Section 336 of the Corporation Act (William Jr et al. 2016). In this case, King & Queen, the firm performing audit needs to review and audit of financial reports in addition to other financial information as per the conditions laid under the ASQC 1. In addition to this, they also need to maintain compliance with the ASA 102 that mentions the ethical obligations that need to be satisfied at the time of performance of audit, reviews as well as other types of assurance engagement of the firm (Eilifsen et al. 2013). Furthermore, the King & Queen also had the need to comply with the stipulations provided as per the section ASA 220 for maintenance of quality control of a particular audit of a financial statement together with other historical information (financial information) (Auasb.gov.au 2016). In addition to this, the auditors also need to maintain compliance with the directives mentioned under ASA240 for understanding the responsibilities of the auditors associated to fraudulent actions in a specific audit of financial declaration and take into consideration the regulations of ASA 250 for understanding the laws of auditing a financial report (Auasb.gov.au 2016). C.As rightly indicated by Glover et al. (2014), auditing independence deals with two wide aspects that can be discussed for comprehending the nature as well as characteristics of auditors. As such, there remains difference between the actual independence and perceived independence of auditing when considered in terms of appearance. Therefore, in a bid to attain goals as well as objectives of auditing, both the actual as well as the perceived independence is imperative from the viewpoint of the contributions of auditing. Louwers et al.   (2013) asserts that actual independence refers to the operations of the auditors that get impacted by the thinking potential. To put it simply, the actual independence of auditing is primarily reliant on the in dependent state of mind of the particular auditors. The state of the mind of the auditors exert considerable impact on the functioning as well as approaches of different auditors. This in turn affects the way auditors deal with particular sit uations associated to their auditing practices (Arens et al. 2012). Thus, freedom in the decision making can be observed during the time when directors of firms tries to negotiate positions of the auditors. The actual independence of auditing that depends on mental state of individuals is very difficult to enumerate. Therefore, this can be very challenging to gauge the objectivity of particular auditors. However, perceived independence of auditing can be considered as the grey area between the normal black and white aspects of the auditing and is based mainly on perceptions (Duncan and Whittington 2014). D.As rightly mentioned by Carson et al.   (2013), there are several important regulatory requirements along with auditing standards associated to the process of auditing as developed by Australian Securities and Investment Commission (ASIC). There are several directives as well as regulations stated in the regulations of ASIC that the independent auditors take into consideration for undertaking their actions (O’Donnell K. et al.   2015).    As mentioned in the first scenario, Bob has duplicated and at the same time used the financial information provided in the books of the company â€Å"Club Casino† in a bid to prepare university assignment task. Bob essentially removed the probable references that are related to the Club Casino that has the probabilities of breach of audit as Bob did not notify Clun Casino for any such kind of practices. Thus, it can be said that Bob is an independent auditor who needs to get approval from Club casino regarding the utilization and employment of financial information for satisfying the primary educational requirements. Bob also need to comply with the ethical requirement as stipulated under the ASA 102 (Auasb.gov.au 2016). Bob needs to adhere to the regulations in order to comply with ethical obligations during the performance of audit of firms. The second scenario explicates in detail the involvement of Wendy to the company Ace Limited. The company have the need for the auditor rotation as per the stipulations of ASIC. In addition, it is also imperative for the auditor to maintain adherence to the stipulations mentioned under ASA 220 Quality Control Aus A6.1 that specifies about the requirement of the auditor rotation (Auasb.gov.au 2016). The Corporation 2001 also mentions about the requirements of the rotation requirements necessary for meeting the ethical obligations of auditors (Auasb.gov.au 2016). Again, as per the guidelines of ASIC, there are several enforceable regulations for the auditors responsible for preparation as well as presentation of reports for main areas of different business actions and if the corporation is operating for more than 5 years. The third scenario refers to the assignment of Leo in the auditing procedure of organization Precision Machinery Limited. The scenario can help in comprehending the features of appointment that need to meet the capability and effectiveness levels. This is related to the quality assessment programs together with different disciplinary procedures of the professional accounting bodies. Therefore, it is important to adhere to the directives stipulated under ASA 220 for quality control of audit and assessment of quality of the particular audit evidence and ASA 510 Audit Engagement rules and regulations (Auasb.gov.au 2016). The fourth scenario indicates towards the occurrence particularly between Chan & Associates and the Classic Reproduction Pty Ltd. The present scenario refers to the application of registration requirements in the most suitable manner (Stuart 2012). Thus, it calls for the need of arrangement of full settlement actions for the particular claims related to the fees of auditing firm Chan & Associates. In addition to this, the present scenario also talks about the relation with Classic Reproductions for not fulfilling specific auditing requirements. Arens, A.A., Elder, R.J. and Beasley, M.S., 2012. Auditing and assurance services: an integrated approach. Prentice Hall. Auasb.gov.au. 2016. Auditing and Assurance Standards Board (AUASB) - Home. [online] Available at: https://www.auasb.gov.au/ [Accessed 15 Dec. 2016]. Carson, E., Simnett, R. and Vanstraelen, A., 2013, September. Auditing the auditors: An international analysis of the effectiveness of national inspection regimes on audit quality. In The University of Auckland Business School Seminar. Duncan, B. and Whittington, M., 2014, September. Compliance with standards, assurance and audit: does this equal security?. In Proceedings of the 7th International Conference on Security of Information and Networks (p. 77). ACM. Eilifsen, A., Messier, W.F., Glover, S.M. and Prawitt, D.F., 2013. Auditing and assurance services. McGraw-Hill. Glover, S.M., Prawitt, D.F. and Messier, W.F., 2014. Auditing & assurance services: a systematic approach. McGraw-Hill Education. Glover, S.M., Prawitt, D.F. and Messier, W.F., 2014. Auditing & assurance services: a systematic approach. McGraw-Hill Education. Kend, M., Houghton, K. and Jubb, C., 2014. Competition issues in the market for audit and assurance services: are the concerns justified?. Australian Accounting Review, 24(4), pp.313-320. Louwers, T.J., Ramsay, R.J., Sinason, D.H., Strawser, J.R. and Thibodeau, J.C., 2013. Auditing and assurance services. New York, NY: McGraw-Hill/Irwin. Messier Jr, W., 2016. Auditing & assurance services: A systematic approach. McGraw-Hill Higher Education. Moroney, R., Campbell, F., Hamilton, J. and Warren, V., 2014. Auditing: A Practical Approach. Wiley Global Education. O’Donnell, K., Hicks, B., Streeter, J. and Shantapriyan, P., 2015. Getting it right: directors’ assessment of information. Managerial Auditing Journal, 30(2), pp.117-131. Schmidt, P.J., Wood, J.T. and Grabski, S.V., 2016. Business in the Cloud: Research Questions on Governance, Audit and Assurance. Journal of Information Systems. Stuart, I., 2012. Auditing and assurance services: an applied approach. McGraw-Hill/Irwin. William Jr, M., Glover, S. and Prawitt, D., 2016. Auditing and Assurance Services: A Systematic Approach. Auditing and Assurance Services: A Systematic Approach. Looking for an answer 'who will do my essay for cheap',

Fawlty towers hotel group Essay Example | Topics and Well Written Essays - 2000 words

Fawlty towers hotel group - Essay Example If all the three other than basil are on one side then it will be the majority. If Basil gets support of any on of the remaining three, then these two can be termed as majority according to the shares they hold. Element 1: Now let us discuss about the possibilities of the transactions Basil want to do. He was holding 40% of the share in the company and wishes to retain as much capital as possible from it with out disturbing its financial structure and security. This implies that he was not willing to retain his investment from the cash reserves of the company or by disposing the assets held by the company. Moreover he needs another person to support his decision of selling his shares. As his wife Sybil is holding 20% shares and was in support of his decision he gets majority of 60% share holding for the proposed disinvestment. Now the question lies in the manner the deal to be followed. There is no obstacle for the disinvestment of 15% of the shares as his wife is willing to buy them by paying half of the amount from her own savings and other by taking loan from the company or from the bank. Here also the practicality and legality lies between these two persons only. The company is a privat e owned firm, the buying of shares in that company involves the inquiry of encumbrances by the buyer. As the buyer is a partner of the company she must be aware of the financial status of the company. Despite being like that, still if there is a need to advice on that we have to consider, then it is the financial status of the company. It was mentioned that Sybil was planning to take loan from the company or from bank on the company guarantee. This proves that the company is having strong fundamentals, which involve sufficient cash reserves along with fixed and current assets dominating short term and long term liabilities. So the hurdles regarding financial matters were cleared. Sybil can acquire 15% of the shares from Basil with one half by her own savings and the other half by a loan from the company or from the Bank. The decision needs approval of share holders holding at least 51% of the company's shares. As both Basil and Sybil are together holding 60% of the shares it can be approved with no objections. (If objections are there from the other two partners, they cannot be considered as these two constitute the majority of the share holdings). Element 2: This element seems to face some obstacles in completing. Rose Mary wants to buy further 5% of the shares from Basil on a condition that in two years the company should buy all of her shares, which may amount to 25% of the total shares. This needs the approval of all the share holders of the company or a majority of them. Here again, Basil and Rosemary constitute majority share holding to take a decision. But Basil is keen on not disturbing the financial structure of the company. Within two years if the company is not having enough cash reserves ( as Rose Mary wants) to buy the Rose Mary's share, which constitutes 25% of the total value of the company (the holding of her if she buys further 5% from Basil's shares), the financial structure of the company will be disturbed and that was against the wish of Basil in case of his disinvestment. This may not be possible because after distributing the profits to the partners there may not be enough cash to buy the 25% of the