Friday, September 6, 2019

Black Bourgeoisie Essay Example for Free

Black Bourgeoisie Essay E. Franklin Frazier’s Black Bourgeoisie was more prophetic than many realized. Frazier, who addressed the burgeoning black middle class, expressed concern about the intra-class conflict vis-a-vis socioeconomic status of black folks. Frazier notes that the black middle class was in a rush by the 1960s to assimilate. During the Harlem Renaissance, even W. E. B. Du Bois â€Å"strategically included white judges on panels for their black literary competitions, in hopes that white approval would add luster to black achievements. † This shift that occurred was not a mass or universal one. The black middle class was still small and would not be catapulted until after the advent of Affirmative Action. According to the perspective of E. Franklin Frazier, the â€Å"Black Bourgeoisie† played an important role among American Negros for decades. Frazier’s study led him to the significant of â€Å"Negro Business† and its impact on the black middle class. Education was a major social factor responsible for emergence of the Black bourgeoisie. By fact, the net total number of the free Negroes in the first generation topped out at 37,245 with an estimated accumulation of 50,000,000 in real and personal wealth before the civil war. Free Negroes in southern cities undertook businesses in skilled labor such as carpenters, tailors, shoemakers, wheelwrights, bricklayers, butchers, and painters. The failure of the Freedmen’s Bank contributed to the slow development of the black middle class when Blacks put all their money into the Black banks and when they went under only forty percent of deposits were returned. Occupational differentiation is the change in work field for the Black class. A small professional group making up three percent of all workers had gradually become differentiated from the majority of Blacks. Occupational differentiation had proceeded slowly because Blacks were accustomed to the agriculture field and not only until the migrations to the North were had had they introduced to the industrial centers. In addition the Depression played a role in slowing up the process. Black-owned businesses are primarily service establishments simply because of the refusal on the part of white establishments to provide personal services for Negroes. The debate over true liberalism among blacks still exists. I have found the upper black middle class to be far more conservative and less active towards civil rights and social policy of late. I am concerned that the black bourgeoisie is willing to shift its focus away from the liberalism that put them in their position for racial acceptance. I believe integration is vital to a liberal society as noted by my neighborhood, friends, and place of employment; however, I do not think the black middle class should play the conservative card that carries with it values, attitudes, and behaviors that do not represent progress for all minority groups. Sure 90% of blacks vote in a solid block for the Democratic Party, but that block is not as tight as it used to be.

Thursday, September 5, 2019

Business Leadership Development Agenda Personal Development Essay

Business Leadership Development Agenda Personal Development Essay Current research shows that knowledge and skills are the two important elements in the field of leadership that makes people more effective leaders. I want to be an effective leader who has all the capabilities of building an efficient leadership strategy. Based on my evaluation from my observers I feel that I need to work on the areas where I can show others how their interests can be realized and how they can share a dream of their future. Based on Boyatziss intentional change model of self-Directed learning (Savage 2010) I have used this model in my own research as my individual action plan. I found that my leadership behavior ranking based on average observers score and my personal score differs. I think improving one weakness of my leadership behavior will change the hidden behavior in me that I cannot realize. Ideal Self Initially, I want to be remembered as a leader who can solve conflicts between the employees by acting as an effective mediator and thus gaining respect from them. I would hope that others recognize my interpersonal skills and being motivated and emulate such behavior. I would like to be known as someone who is more generous with praise and kind words of encouragement. I also would like to be remembered as a legacy leader who empowers the employees and the people around. I want to recognize as a person who foster power in people for use in their own lives, their communities and in their society, by acting on issues they define as important. As discussed in my leadership legacy and taking on such a leadership role, I want to garner respect and admiration from those around me. For my leadership legacy, I would want to be known as a successful leader who wants to hold onto and hold out, for everyone to see, their vision and their values. I want to create opportunities and positive influence on others to be inspired and to understand and accept leadership roles.  I want to be remembered as the leader who tirelessly advocated for the differences in people as essential building blocks to creating a learning community and consistently calibrated their journey into excellence by modeling accountability and responsibility for their leadership roles, and encouraged others to do the same. Finally, I would like to act as a mentor to my colleagues by teaching them what I have learned through my experiences. I would like to leave behind the tools for holding, creating, influencing, advocating and calibrating the solid input to make decisions about when to step up, to step back, and to step off the action which would impact future. My real self Based on the feedback I received from Leadership Practices Inventory (LPI), Influence Strategies Exercise (ISE) and essential Enneagram, I believe that I have the strong motivational power that drives the success and encouragement. In my leadership legacy statement, I stated that I always want to empower people and motivate them to foster power in peoples lives. This characteristic feature represents me as a type 3 (The Performer) on the Essential Enneagram. As a performer, I want to develop a goal ahead energy of self-deception to match the image of success and approval. In addition to this, I want to encourage people to feel good about them and show them the appreciation on something they have accomplished. Moreover in the Kolb Learning Style Inventory (LSI) 2010, I found an additional overlap between my ideal self and myself. Previously I mentioned in my leadership legacy statement that I want to be an effective mediator who is able to view concrete situations from many different points of view. In the LPI, my observers and I rated myself highly in the practice, Enable Others act. I personally believe that every individual should be treated with dignity and respect and each individual has its own strengths and weaknesses which make them different from others. The understanding of what people can do well and what they do less well is important both to the person and organization. The differences should be valued and used to the full advantage. Leadership Gap analysis: While analyzing my ideal and real self I identified some gaps that include both my strength and weaknesses. In my leadership legacy statement I would like to be remembered as a legacy leader who empowers the employees and the people around recognize my interpersonal skills and being motivated and emulate such behavior. As a type three mediator on Essential Enneagram, I tend to focus and concentrate on things to get job done. I also stated that I want to be remembered as a leader who has the ability of solving conflicts between people by acting as an effective mediator. However, I sometimes have problems in making decisions and I think I also need somebody to discuss the resolution to the problem because sometimes it appears to me equally good and important. In addition to that, I also found some gaps in the area of inspiring shared vision on the Leadership Practices Inventory (LPI) (Kouzes Posner, personal communication June 14, 2010). Furthermore, as I identified in my leadership legacy statement I want to create opportunities and positive influence on others to be inspired, understand and accept leadership roles. I feel I will have considerably difficulty in showing others how their interest can be realized and described as a compelling image of the future. However, as the Performer, Enneagram and Leadership (Savage, 2010). I can become inspiring example of excellence and authenticity or blindly pursue success and status but I feel I will have to struggle with the concept of pursuing things more effectively and efficiently even there is a chance failure. My ideal self allows me to admit mistakes and listen to suggestions for improvement but sometimes I feel not making any mistakes and accomplish task more efficiently. Initially, I thought I might be type 1 The perfectionist, Enneagram and Leadership (Savage, 2010) because I do believe I can change myself and my environment to fit my ideas and organize things logically but I still feel that type three is more of my style because my first priority in accomplishing my goal is to concentrate more efficiently and get things done more quickly. The last gap I noticed was related to Bargaining Influence Strategies Exercise (Hay group, 2007). The purpose of bargaining is to gain support by negotiating a mutually satisfactory outcome; exchanging favors, sharing resources, making concessions Influence Strategies Exercise (Hay group, 2007). For me I always want to make sure that I am taking everybodys decisions and needs into consideration, I may not keep my needs or agenda into my consideration while I am listening to the suggestions and opinions from people. Based on what I have heard I will create an opinion. Typically I will not avoid the situation where there is a conflict infact I will try to resolve the conflict and come up with the resolution that best fits the needs of people and their concerns. Sustaining Leadership Strengths According to the LPI my strengths are in the area of encouraging confidence, enabling diversity and modeling the values and consensus. The 10 observer groups rated me high in encouraging confidence. The other was enabling diversity which was next in line. Builds consensus around organization value was the last because my observers rated me the third highest in this area of strength (Kouzes Posner, personal communication, June 14, 2010). When it comes to organizational skills, I believe that any administration should be organized and punctual. For example, the administration of ACCESS in Ashland University, these characteristics should be present. It is my belief that having good organizational skills means a better way of doing things. We all have learning differences and find some methods easy than others but how do we go about developing those skills. Leadership by encouragement is one of my practical interpersonal skills that can help in raising Emotional intelligence. In order to create that leadership strategy within the ACCESS it is important to review the administration strategy for implications for new leadership requirements. For the development of this leadership behavior, it is a good suggestion to have a team of experts that will analyze the problem and that are familiar with the processes of acquiring, retaining and development of good organizational development. I believe that I am not still an expert with this requirement and that the university still needs people who are very adept on this. My organizational strategy shall begin with the identifications of drivers of strategy that will help me in analyzing the key choices that includes my strengths, weaknesses, opportunities and threats. These factors shall be analyzed comprehensively. It is my goal to make a unique strategy that can be used by ACCESS which can understand what the things essential to the students are. It is very important to accomplish a collective leadership for this. I should have clear implications for what a leader like me should do well in order for an organization to succeed in leadership strategies. It is therefore important that my focus should be primarily on the implications primarily on the implications in leadership strategy that has to be more specific reflecting the actual opportunities and issues surrounding the key drivers. After the implication has been identified my next step will be to develop the leadership strategy in order to assess the current leadership situation and compare it to the desired future. Once the implication has been confirmed and extracted as a team through various ways within the organization, then the leadership developmental strategy should be addressed which will then follow the specific recommendations regarding approaches to be taken to develop current and future leaders as well as the organizations leadership, in line with the leadership strategy. Other thing that needs to be taken on to consideration while developing the strategy is an iterative process involving a team. Because this process will produce a useful conversations that have never taken place before. Those conversations themselves may act as interventions that will help in dealing with the issues within the organization. In creating a leadership strategy it is important to know the leadership culture that is required to implement the strategy and also interfere with effective performance. Once again, it is not how many leaders are in place, it is what actually do they determines whether the organization succeeds or fails. Cultural change that has a negative impact on the working environment should also be addressed. This is the present condition on the ACCESS department within Ashland University. . Due to the less number of staff and with the increased number of students, students are not able to explore the new environment because they are not getting opportunities to share their views and know the different culture. Director of the International student advisor who is currently running the ACCESS department will be my mentor with whom I talk about the situation and discuss the solution of the problem. Pesek is the only person who I can talk and gather information regarding the problems and can provide me with the resources and can serve my advisor and counselor throughout the whole process. In order to diagnose the current problem, it is necessary to diagnose the current status of the problem and to evaluate the organizational change gained through the experimentation and survey feedback. Due to the absence of program Director the organizational culture within the ACCESS is not effective. The staff and faculty have no control over the conflicts and work problems that arise. My approach to the problem will be to create effective leadership strategies and change the way the organization looks currently and implement those areas which need to be focused and monitor every change that results. Leadership Development Goal My main goal in developing my leadership ability is to be more sensitive with the issues surrounding my organization. As a part of the ACCESS Department in Ashland University, it will be my task to be keen in observing what needs to be changed and improved. By doing such, I will be impartial. I shall hear both sides of the story in order for me to weigh my judgment evenly. Another goal in developing my leadership skills is to be flexible in dealing with all circumstances. By being flexible, I believe that I can be an effective leader since I know I can deal with any situation and be on top of things. Finally, I want to be leader that communicates. Communication is very important in leadership. Benefits in Attaining this Goal The first goal which I mentioned is being sensitive with issues surrounding my organization. The benefit of being able to attain this goal is that I will be keen with any issues that my organization shall face. By being such, I can be developed into a proactive leader. This means that measures are continuously done in order to prevent the rising of a crisis. This will not only benefit me but also the entire organization. Alongside with this is being an impartial leader. Being such a leader should benefit the organization as well as all members of it since a just leader earns respect and that ensures that the organization is geared towards success. The benefit of being a flexible leader is that he or she can be able to face all issues and still be on top of things. I want to be that kind of leader. Many organizations fail or drowned in issues because some of its leaders are not able to adapt in certain issues. By being a flexible leader, I believe that I can be effective since I can lead my organization in any issue that it will face. Finally, a leader that communicates is an effective leader. Good communication between leaders and subordinates ensures that messages are conveyed clearly, therefore, good results can be expected. Obstacles in Attaining this Goal There will be obstacles that I know that I will come across in attaining the goals that I have set. Some of these are external factors such as some members of the organizations are unsupportive. This is because some members may not be at ease at being handled under new leadership styles. Other obstacles may be difficult circumstances that will tempt me in utilizing old but cooked leadership styles. In this situation, it is very important to stick with my principles in becoming an effective leader. Resources and Support in Achieving this Goal The resources that I tend to utilize in achieving the goals that I have mentioned are attending trainings and workshops that will tackle the leadership characteristics which I set to develop. These trainings shall help me in developing these characteristics wherein I cam learn from a team of experts as well as peers that are leaders themselves. Support from other organization members is very important for me in attaining these goals. Knowing that my peers from the organization support that such development is necessary for the growth of the organization will give me the strength and inspiration towards achieving such goals. Action Plan Goal: To be able to develop myself as a proactive, flexible and communicating leader. By being such, I can gear my organization towards a working environment that is conducive and that is driving towards success. Table of Action Steps Action step Measurement Timeline My main goal is to become an effective leader that includes the characteristic of being proactive, flexible and a good communicator. I will ask my peers to do an appraisal for me in terms of the characteristics that I mentioned. By the end of September 2010 I will analyze the data I collected from my resources and evaluate it. I will attend trainings and workshop on being proactive. After the training, an appraisal shall be done again for this characteristic. By the end of September 2010. I will attend trainings and workshops on being a flexible leader. After the training, an appraisal shall be done again for this characteristic. By the end of September 2010. I will attend trainings and workshops on being a good communicator. After the training, an appraisal shall be done again for this characteristic. By the end of September 2010. Implement the leanings that I have gained from these trainings on the organization. I shall establish a feedback system in order to monitor the performance. By the end of September 2010. Impart the learning and leadership style by means of succession plan. Create measures and criteria on whom is qualified on becoming a next leader in the organization. Year 2011 onwards. Conclusion I want provide a positive feedback that will help me to present creative and inspirational image of the students at Ashland University. Different people have different personalities and I think I have an ability to change behavior which shows that I am type 3 on Enneagram (Savage 2010) which says I can become an inspiring example of excellence and authenticity or blindly pursue success and status. I believe that it is important to listen to the suggestions what people say about my behavior it is possible that I may not notice changes in my behavior while perceived by others. In order for me to become a successful leader I need to interact with my followers, peers, seniors, and others; whose support will help me to accomplish my goals. For gaining the support of my peers and seniors I must be able to understand and motivate them and know the human behavior. Human behavior plays an important role in leadership strategy and they behave according to certain principles of human nature. As a leader I must understand these needs because they can be powerful motivators. I have learnt multiple facets of leadership from an interdisciplinary perspective. I am investigating my leadership behaviors, to be more reflective in their responses and make plans to improve the effectiveness. I am able to determine exactly what goals I want to target and how I can strategically limit and focus my efforts and develop an individualized leadership developmental plan.

Wednesday, September 4, 2019

The Importance of Harry Hoveden in Making History Essay example -- Mak

The Importance of Harry Hoveden in Making History In making history, Brian Friel uses Hugh O’Neill to define the characters in the play, and the way in which his actions affect them gives the audience some characteristics to decide on the personality of particular characters. Harry Hoveden is obviously an important character in the play because he plays a major part in the play, and appears in most of the major scenes. It is also clear that he is important to O’Neill because he is often the one person he turns to in times of crisis. Harry is presented as a very loyal and sober character by, he serves to balance out some of the other characters almost like a buffer. His calm nature in times of distress or excitement contrasts with the brash and aloof persona’s of other characters like O’Neill. As well as stabilizing the mood in the play as presented, if the play was reality, he would act as a soothing and calming presence to help particularly O’Neill. There is a direct link to his calmness and soothing nature in the comparison of him to dill. Every character i...

Tuesday, September 3, 2019

Down With The Kings :: essays research papers

When someone commits a crime, they are punished for their sin. If someone says, â€Å"go rob that store,† the man robbing the store is persecuted, not usually the instigator. Everyone, regardless of status or wealth is responsible for his actions. No one can whip out a remote control and make them do anything they want them to do. Men can be manipulated, but he is still under his own control. No one can make his decision as to whether or not he is going to be obedient to his manipulator. In the play Macbeth, Macbeth himself is most responsible because each man is responsible for his own actions and the results of those actions.   Ã‚  Ã‚  Ã‚  Ã‚  There are many parts of the play Macbeth that show Macbeth taking charge and having full responsibility of his deeds. Regardless of how much Lady Macbeth seems to push Macbeth, it is in Macbeth’s disposition to take charge and be independent as is shown in this proclamation announced by Macbeth himself, â€Å"Bring me no more reports. Let them fly all! Till Birnam Wood remove to Dunsinane, I cannot taint with fear.† (V.iii.1-3) Macbeth is mot told to ignore all of his military responsibilities by anyone. Lady Macbeth is barely alive at this time therefore there is no way that she could have influenced this decision made solely by Macbeth. Macbeth is completely confident in himself and does not think that anything can keep him from keeping his position on the throne. Macbeth’s greed and the fact that he is incredibly headstrong are also factors of his demise. Macbeth demonstrates this by saying: We will proceed no further in this business. He hath honored me of late, and I have bought Golden opinions from all sorts of people, Which would be worn now in their newest gloss, Not cast aside soon. (I.vii.35-40) Macbeth sees his compliments as actual features of himself that will live with him forever and not just once in a while characteristics being cast off quickly. Although, these people do contribute to his actions by fueling them, he still makes the ultimate choices. He sees people trying to win favor with him as his actually characteristics, and this makes his desire for status stronger. He shows that he is capable of excellent judgment but would rather do deeds that benefit him rather than do what is best for the majority and those he loves.

Monday, September 2, 2019

The Story Behind The Atomic Bomb :: essays research papers

The story behind the atomic bomb Atomic Bomb August 6th, 1945, 70,000 lives were ended in a matter of seconds. The United States had dropped an atomic bomb on the city of Hiroshima. Today many argue over whether or not the US should have taken such a drastic measure. Was it entirely necessary that we drop such a devastating weapon? Yes, it was. First, look at what was going on at the time the decision was made. The U.S had been fighting a massive war since 1941. Morale was most likely low, and resources were probably at the same level as morale. However, each side continued to fight, and both were determined to win. Obviously, the best thing that could have possibly have happened would have been to bring the war to a quick end, with a minimum of casualties. What would have happened had the A-bomb not been used? The most obvious thing is that the war would have continued. U.S forces; therefore, would have had to invade the home island of Japan. Imagine the number of casualties that could have occurred if this would have happened Also, our forces would not only have to fight off the Japanese military, but they would have to defend themselves against the civilians of Japan as well. It was also a fact that the Japanese government had been equipping the commoners with any kind of weapon they could get their hands on. It is true that this could mean a Japanese citizen could have anything from a gun to a spear, but many unsuspecting soldiers might have fallen victim to a surprise spear attack! The number of deaths that would have occurred would have been much greater, and an invasion would have taken a much longer period of time. The Japanese would have continued to fight the US with all of what they had; spears, guns, knives, whatever they could get their hands on, just as long as they continued to fight the enemy. As mentioned before, it is a fact that some civilians had been ready to fight our military with spears! What made it possible that the Japanese would resort to using spears? Why wouldn't they use guns or other weapons? Well, the truth was, the government just didn't have the resources to give out a gun to just any citizen. US naval blockades are one of the major reasons that Japan was so low on resources, and a main point opponents of the decision to drop the bomb constantly bring up. Japan obviously was very low on resources.

Sunday, September 1, 2019

My Christmas and New Years Vacation Essay

On my new years and Christmas vacation started off bad but towards the end it became good. I had a lot of fun spending time with my family to be honest. We ate to much like Golden Coral , Cookies and milk , and The Christmas dinner. On Christmas Eve night we had the cookies and milk once you but the cookies in your mouth they were so moist soon as they touch the tip of your tongue. On Christmas we went to golden corral and it seem like they add more food in the buffet to be honest. For some reason it was many types of smells. When we went to the mall, and soon as I walked in the mall aroma of the mall smelled like Topsy. On new years it seem like it was like a ghost of fireworks walking up and down through the streets. In the house there was a smell of a vanilla candle that really smelled. Out of all of the incredible smells that I had taken in there was a bad smell awaiting for me and that was the smell of chitlins, wooo that smell is nothing nice. Thankful my mama knows has to keep that awful smell down. When the day seems long I would lie in my comfortable bed. I was able to go over to one of my cousin’s house which was a cool thing to get away from the house. I would just lie there and pet on the dog’s soft furrier coat. Once that was over back to the home front it was good to see my little brother. I gave him a hug and a rub on his curly soft hair. While on break the sight of the snow was amazing. Just watching it comes down and hitting the ground was a pretty sight. Then to watch some of the kids out playing making snowmen was a great sight also. What wasn’t a great sight was seeing the news and watching how people were wrecking their cars. After, seeing all that pretty snow the sight is not a good look now it’s dirty looking Listening to the good music and hearing laughter filled my whole vacation. Watching my family sit down talking and playing cards was great. It was nice seeing everyone getting along was good laughter to my heart. Just having family together over my break bring all the laughter this world can give. .

Saturday, August 31, 2019

Modern Accounting Systems

For the past ten years I have been running my own business, Decisive Realty. I am a real estate investor that purchases apartment building and rent them out to tenants. This has caused me to manage my finances by creating my own accounting methods. My methods are effective but require a lot of brushing and polishing. In other word, it needs to be revamp. Taking this class has made me realize possibilities that I will implement to be more efficient. The accounting system that I have learn over the past five weeks will be applied to my business to make it more manageable, alleviate the guess works, and assist me in measuring success or failure. Modern accounting has assisted small business like mine and large corporations to organize their business and keep track of important details. In this paper I will present circumstances where modern accounting has contributed to the success of businesses. I will also present examples of modern accounting systems assisted modern organization in the business world. Accounting is the recording, tracking, and reporting of the finances of an organization. Having several apartments is a service that involves the managing of rent collection, maintenance, utilities, and repairs just to name a few. All of which includes financial aspects that need to be accounted for. Without accounting businesses would be at risk and susceptible to failure. Accounting can be traced back to the beginning of civilization. The history of accounting has participated in the development of money and banking which are essential to our livelihood. It has also saved many industries and entrepreneurs from bankruptcy. Large and small businesses depend on accurate and useful information. That is why accounting has provided businesses the ability to operate efficiently. Unless the practice of accounting is handled ethically then the information is useless and businesses could fail. The current world of business and accounting is based on the computer and the information revolution. The revolution has been on going for past decades and continues to advance. Throughout the periods the computer has proved to be suitable for accounting. Since computers works at high speed a number of routine accounting and other functions can be process. It can efficiently crunch the repetitive transactions of account receivable and payable, inventories, and payroll. The efficiency of the computer reduces errors when documenting these types of transactions. â€Å"The most important accounting use of the computer is the areas of decision making. Since the computer can process a lot of accounting information and can co-relate a number of variables, it is of big help in inventory control, production scheduling, market research and distribution logistic, etc. The accounting use of the computer is in such applications which could not be handled before the advent of computers. Therefore, the management of a modern business concern can plan its production, keep check on its inventories, work out the best method of distribution of products and reach the most optimum course action through the help of modern computers. † (Vataliya, K. S. 2008. P 19). The modern world accelerates towards new economic system and the means of manual functions has been replaced by computers and other devices; accounting is not excluded. The technology that is involved with accounting was developed to deal with complicated calculations involved with accounting in organizations. The technology facilitated routine work associated with accounting which made organization accounting department function efficiently. Some example of efficiency includes â€Å"the number of steps taken from posting vouchers to the preparation of final statement of account is fewer than those needed under the manual system. This is because the basic data does not have to be copied out again and again. This eliminates errors and makes for greater accuracy. The system followed, however, depends upon the type of computer used. (Vataliya, K. S. 2009. P 81). Information systems have to be effective by providing control, compatibility, flexibility, and a good cost/benefit relationship. (Horngren 2009 P 354). Modern organizations are responsible for internal control by first ensuring automated accounting procedures are optimum. Decisive Realty has what I would call a functional substandard accounting system. That is because it work but not efficient. System compatibility is necessary to en sure that it works smoothly with personnel and organization structure. One compatible awareness is ensuring that the correct software suites the size or structure of an organization. Decisive Realty has a land lady (my wife), she consistently complains that I am the only one that understand the functions of the excel program. Decisive Realty will use QuickBooks program in the future and ensure that the land lady is train. An organization accounting system must be flexible. Businesses sometime tend to grow or change, and flexibility assures the capability to accommodate changes. Decisive Realty has plans to expand but would be unwise until a legitimate accounting system is put in place to accommodate the complexity of accounting. Lastly, managers have to determine which method of accounting benefits a business financially. The determination can be made base on the size of the organization. Using a CPA to conduct my real estate accounting would not be an economical good choice when I can use a program like QuickBooks. After further investment and more properties are involve then need for a CPA would be necessary. Modern Accounting Systems For the past ten years I have been running my own business, Decisive Realty. I am a real estate investor that purchases apartment building and rent them out to tenants. This has caused me to manage my finances by creating my own accounting methods. My methods are effective but require a lot of brushing and polishing. In other word, it needs to be revamp. Taking this class has made me realize possibilities that I will implement to be more efficient. The accounting system that I have learn over the past five weeks will be applied to my business to make it more manageable, alleviate the guess works, and assist me in measuring success or failure. Modern accounting has assisted small business like mine and large corporations to organize their business and keep track of important details. In this paper I will present circumstances where modern accounting has contributed to the success of businesses. I will also present examples of modern accounting systems assisted modern organization in the business world. Accounting is the recording, tracking, and reporting of the finances of an organization. Having several apartments is a service that involves the managing of rent collection, maintenance, utilities, and repairs just to name a few. All of which includes financial aspects that need to be accounted for. Without accounting businesses would be at risk and susceptible to failure. Accounting can be traced back to the beginning of civilization. The history of accounting has participated in the development of money and banking which are essential to our livelihood. It has also saved many industries and entrepreneurs from bankruptcy. Large and small businesses depend on accurate and useful information. That is why accounting has provided businesses the ability to operate efficiently. Unless the practice of accounting is handled ethically then the information is useless and businesses could fail. The current world of business and accounting is based on the computer and the information revolution. The revolution has been on going for past decades and continues to advance. Throughout the periods the computer has proved to be suitable for accounting. Since computers works at high speed a number of routine accounting and other functions can be process. It can efficiently crunch the repetitive transactions of account receivable and payable, inventories, and payroll. The efficiency of the computer reduces errors when documenting these types of transactions. â€Å"The most important accounting use of the computer is the areas of decision making. Since the computer can process a lot of accounting information and can co-relate a number of variables, it is of big help in inventory control, production scheduling, market research and distribution logistic, etc. The accounting use of the computer is in such applications which could not be handled before the advent of computers. Therefore, the management of a modern business concern can plan its production, keep check on its inventories, work out the best method of distribution of products and reach the most optimum course action through the help of modern computers. † (Vataliya, K. S. 2008. P 19). The modern world accelerates towards new economic system and the means of manual functions has been replaced by computers and other devices; accounting is not excluded. The technology that is involved with accounting was developed to deal with complicated calculations involved with accounting in organizations. The technology facilitated routine work associated with accounting which made organization accounting department function efficiently. Some example of efficiency includes â€Å"the number of steps taken from posting vouchers to the preparation of final statement of account is fewer than those needed under the manual system. This is because the basic data does not have to be copied out again and again. This eliminates errors and makes for greater accuracy. The system followed, however, depends upon the type of computer used. (Vataliya, K. S. 2009. P 81). Information systems have to be effective by providing control, compatibility, flexibility, and a good cost/benefit relationship. (Horngren 2009 P 354). Modern organizations are responsible for internal control by first ensuring automated accounting procedures are optimum. Decisive Realty has what I would call a functional substandard accounting system. That is because it work but not efficient. System compatibility is necessary to en sure that it works smoothly with personnel and organization structure. One compatible awareness is ensuring that the correct software suites the size or structure of an organization. Decisive Realty has a land lady (my wife), she consistently complains that I am the only one that understand the functions of the excel program. Decisive Realty will use QuickBooks program in the future and ensure that the land lady is train. An organization accounting system must be flexible. Businesses sometime tend to grow or change, and flexibility assures the capability to accommodate changes. Decisive Realty has plans to expand but would be unwise until a legitimate accounting system is put in place to accommodate the complexity of accounting. Lastly, managers have to determine which method of accounting benefits a business financially. The determination can be made base on the size of the organization. Using a CPA to conduct my real estate accounting would not be an economical good choice when I can use a program like QuickBooks. After further investment and more properties are involve then need for a CPA would be necessary.