The Meaning of National Accounts in International Economics

National accounts  or national account systems (NAS) are defined as a measure of macroeconomic categories of production and purchase in a nation. These systems are essentially methods of accounting used to measure the economic activity of a country based on an agreed upon framework and set of accounting rules. National accounts are specifically intended to present specific economic data in such a way as to facilitate analysis and even policy-making. National Accounts Requires Double-Entry Accounting The specific methods of accounting used in national account systems are characterized by a completeness and consistency that is required by detailed double-entry bookkeeping, also known as double-entry accounting. Double-entry bookkeeping is aptly named as it calls for every entry to an account to have a corresponding and opposite entry into a different account. In other words, for every account credit there must be an equal and opposite account debit and vice versa. This system utilizes the simple accounting equation as its basis: Assets - Liabilities Equity. This equation holds that the sum of all debits must equal the sum of all credits for all accounts, else an accounting error has occurred. The equation itself is a means of error detection in double-entry accounting, but it will only detect value errors, which is to say that ledgers that pass this test are not necessarily free of error. Despite the simplistic nature of the concept, double-entry bookkeeping in practice is a tedious task requiring great attention to detail. Common mistakes include crediting or debiting the incorrect account or simply confusing the debit and credit entries entirely. While national account systems hold in common  many of the same principles of business bookkeeping, these systems actually based in economic concepts. Ultimately, national accounts are not simply national balance sheets, rather they present a comprehensive account of some the most complicated economic activities. National Accounts and Economic Activity The systems of national accounting measure output, expenditure, and income of all major economic players in the nations economy from households to corporations to the nations government.  The production categories of national accounts are usually defined as output in currency units by various industry categories plus imports. Output is usually approximately the same as industry revenue. The purchase or expenditure categories, on the other hand, generally include government, investment, consumption, and exports, or some subsets of these. National account systems also incorporate measurement of the changes in assets, liabilities, and net worth. National Accounts and Aggregate Values Perhaps the most widely recognized values measured in national accounts are the aggregate measures like gross domestic product  or GDP. Even among non-economists, GDP is a familiar measure of the size of the economy and aggregate economic activity. Though national accounts provide a plethora of economic data, it is still these aggregate measures like GDP and, of course, their evolution over time that is of most interest to economists and policymakers as these aggregates concisely present some of the most important information about a nations economy.

Edgar Allan Poe The Father Of Gothic Literature

Marshuna Pippin Mrs. Kirk Acc. English 1 November 3, 2017 Edgar Allan Poe Studies say that Edgar Allan Poe was the father of gothic literature. As an American writer and critic, he went through the struggles of living in poverty, having a drinking and gambling problem, and being judge based on his decisions. He was best known as an author of gothic fiction. He had a life of misfortune and indigence. Edgar Allan Poe was born on January 19,1809 in Boston, Massachusetts to two striving actors, David Poe Jr. and Elizabeth Arnold Poe. Some studies say that both of his parents died when he was young (May 2079). Other studies say that Edgars father forsaken his family after they moved to New York (Loveday 1). He had an older brother, William†¦show more content†¦During this time period, Frances Allan became ill and died. He was discharged from the service, and decided to attend West Point. John Allan hadn’t provided any financial support to Poe while he was at West Point, so Poe found ways to be expelled (May 2079). Over this time period, he publi shed his first two short stories, Tamerlane and Other Poems and Al Aaraaf, Tamerlane and Minor Poems. He moved in with his Aunt Maria Clemm and cousin Virginia Clemm. When John Allan died, he left nothing for Poe in his will, he gave all his inheritance to his twin sons he fathered during an affair. After all of this, he published more books of poetry and short stories. He joined many editor groups and left them. Poe married his 13- year-old cousin, Virginia Clemm, on September 22,1835, which many people disapproved (Loveday 3). After many years, Virginia became ill with tuberculosis and died on January 30, 1847. Edgar Allan Poe became depressed and even attempted suicide by ingesting laudanum, a tincture of opiates, in November 1848 (Loveday 4). He began to show madness through some of his short stories such as The Tell-Tale Heart, Black Cat, and The Cask of Amontillado. Poe even wrote Annabel Lee to reflect their relationship and Ulalume as a memorial to his dead wife. Poe moved back to New York City and published his most famous poem, The Raven in January 1845. He then had left an editor group New York Mirror to join another one BroadwayShow MoreRelatedEdgar Allan Poe Biography. By. Alyssa Marshall.1260 Words   |  6 Pages Edgar Allan Poe Biography By Alyssa Marshall Mrs. Guinn English III March 6, 2017 Abstract Edgar Allan Poe was a writer in the â€Å"Gothic Era†, many of his stories genres are horror like â€Å" The Masque of The Red Death†, mystery such as â€Å" The Fall of The House of Usher†, lost love as in â€Å" The Raven†, and obsession such as â€Å" The Pit and The Pendulum†. Edgar’s poemsRead MoreThe Father of Gothicism1077 Words   |  4 PagesThe Black Cat written by Edgar Allan Poe. Poe has been proclaimed the â€Å"Father of Gothicism† by many due to his grotesque short stories and poems. Gothic writers had their characters be more â€Å"prone to sin and self-destruction† than any other movement had experienced (Poets 2). This mysterious style of writing lasted until the 19th century, and other popular gothic writers and characters include Bram Stokers Dracula, and Mary Shelly’s Frankenstein. Poe along with all gothic writers used disturbing,Read MoreEdgar Allan Poe s The Cask Of Amontillado1559 Words   |   7 PagesEdgar Allan Poe, a famous romanticism writer, created a gothic tone in his stories by describing the setting of his stories with vocabulary that helped create the dark plots of stories such as â€Å"The Cask of Amontillado†, â€Å"The Raven† and â€Å"The Pit and The Pendulum†. Poe’s own foster father, John Allan, stated that â€Å"His (Poe’s) talents are of an order that can never prove comfort to their possessor†. How did Poe create such gothic tones in his stories with only describing the foul settings and wickedRead MoreThe Romantic Age Of American Literature1725 Words   |  7 Pagesslavery and woman s rights. This age brought about American literature which was free from European influence and ties. The writers during the Romantic Age wrote mainly about the person, they included clear and concise descriptions of people and nature. Many writers like Poe wrote about supernatural events like the devil, evil, and horror. This brou ght on a whole new genre of scary, detective, and mystery stories. While Edgar Allan Poe wrote utterly twisted plots, as seen in works like The MasqueRead MoreThe Life and Work of Edgar Allan Poe Essay550 Words   |  3 PagesEdgar Allan Poes style of writing is typical of the styles of writing during the Age of Romanticism. His poems and short stories were heavily influenced by his life experiences from a young boy to a well renowned writer. He lived his life in poverty, moving from one job to the other and from city to city, yet he is still one of the most widely read American authors today. Edgar Allan Poe was born on January 19, 1809 in Boston, Massachusetts. Poes home life was very unstable. His father, DavidRead MoreLiterary Critics Of Edgar Allan Poe1693 Words   |  7 PagesEdgar Allan Poe is credited to be one of the best writers, editors, and literary critics of all time. His poetry and short stories are what majority of people recognize him for. His long and intriguing stories about mystery and the macabre are just some examples of his classic writings. At first, Edgar Allan Poe was referred to as the inventor of the modern detective story and a specialist in the science fiction genre. It was not until later in his life that people began to acknowledge him as oneRead MoreAnalysis of Poes Successes and Failures in Poetry and Fiction1745 Words   |  7 PagesAn Analysis of Poes Successes and Failures in Poetry and Fiction Edgar Allan Poes career may have been a failure considering what he set out to do, but he did achieve some success and notoriety in his own lifetime. His most successful poem was, of course, The Raven, a piece he composed to satisfy popular taste. But some of his short fiction was popular as well. As an editor and publisher, however, Poe did not quite achieve the greatness he sought. His legacy grew only after his death, thanksRead MoreThe Life and Writings of Edgar Allen Poe853 Words   |  4 Pagessentiment (Poe). This quote shows how Edgar Allan Poe’s perspective was very different compared to other writers during that time. Poe was an American short story writer, poet, critic, and editor who was famous for his cultivation in mystery and macabre. His success in his works may or may not have been because of his emotional and mental problems. Edgar Allan Poe was a writer whose works represent his own unique style, how his emotional instability affected him, and what happened in his life. Poe hasRead MoreAn Analysis Of Edgar Allan Poe s The Black Cat 1650 Words   |  7 PagesBrittany White Mrs. Bey English 1101 1 April 2015 A Day in the Life Edgar Allan Poe is a very talked about writer. He has a dark, mysterious, gothic writing style. Poe was a troubled man that struggled in a lot of different areas in his life. It is believed that all of Edgar Allan Poe’s short stories were connected to his tragic life events. â€Å"The Black Cat† is one of Edgar’s well-known short stories. It is about a man that endured a series of tragic events. This man was very feminine and his lackRead MoreEdgar Allan Poe721 Words   |  3 PagesEdgar Allan Poe Edgar Allen Poe, born is 1809, was an American short story writer, poet, and critic. He is commonly know as the father of detective stories. His most well know work of art is his poem The Raven (Werlock). Although Poe had a short lived career, his literature continues to influence many writers in the United States and Europe. He worked with many genres such as: gothic tale, science fiction, occult fantasies, and satire. While many critics consider his works of literature as grotesque

This Report Provides a Discussion on the Current Project Management

Question: Explain Analysis of the Current Problems Faced By the Company? Answer: Introduction Problems in project management techniques can occur if the project management techniques are not implemented properly for the organization This report provides a discussion on the current project management difficulties that the Clemet Corp Company is facing The report contains the background of the company, the analysis of the problems that are faced by the company, the comparison of the cultures of the company with the other organizations and some recommendations for the successful implementation of the project management techniques on the company. Background The clement corp company is an integrated provider of the operational and financial software [2]. The business is based on the small and mid-sized businesses in the sector of real estate and construction industry. In addition to this the company also provides a huge rage of support services. In the current situation the performance evaluation of the department of project management of the company is described. Matt Garner is the director of the department of project management of the company. In addition to this, Matt is an experienced project manager. He worked as a project management consultant. The evaluation of the company is to be done by him. In the evaluation it is seen some of the projects were successful and the rest were not. Analysis of the Current problems faced by the company The Clemet Company possessed a project management department that was in a state of despair [3]. There were various issues due to which the company was in this state of despair. Firstly, the due to the internal promotion system that prevailed in the company the technical staffs were promoted to the position of the project manager [4]. But they were very inefficient due to their limited experience in the field of project management. In addition to this there was a huge lack of credibility among the staffs. This was because the staffs did not have a proper training of the project management techniques. In addition to this the employees did not understand the utilities of the training that was being conducted by the company. The project managers were basically creating the documentations for the projects and worked on the maintenance part of the project. They did not understand the role of the project manager properly. They had the sense that they required to maintain the schedule of the project but they were not properly trained on how to implement these schedules properly and also did not know how to maintain these schedules. In addition to this they were also unable to make proper decisions for the project and also did not realize the impact of the decisions on the project. In addition to this for the resolution of the issues proper training of the project managers could have been conducted by Matt, but there was number of ongoing project from which the project managers were to be taken out and in addition to this there was a number of projects that were incoming hence it was very difficult to conduct the training sessions of the projects managers that was intended by Matt [5]. In addition to this the project managers seem to be busy all the time on the activities that are very minimal and could be handled by themselves. They are participating in the issues that more of an administrative type. Whereas, they should be concentrating on issues that are related to project management. In addition to this the communication was also a very big issue for the company. The project managers did not have the sufficient amount of communication that was required with the upper level of the authorities [6]. It resulted in a lack of commitment and support from the management. They also had no idea about the progress of the project. In addition to this the staffs were mostly engineers and they got bored of the sessions very easily and stopped attending them. They were unwilling to understand the essence of proper project management and were also unable to understand the concepts of project management. Clement Corp culture VS the culture of organizations There was a huge difference in between a successfully organizational culture and the organizational culture that was prevalent in the company. Firstly the project team of the company needs to be very efficient. The purpose of the project team is to be efficiently defined, but the staffs of the company are not sure about the purpose of the projects. Secondly, the right people with the right kind of technicalities are assigned in the position of the company but for the Clemet Corp Company the assignment of the staffs were not efficiently done due to the internal promotion system of the company. In addition to this employees of the companies should be aware of their roles and responsibilities but in the Clemet Corp organization the employees were not perfectly aware of their roles and responsibilities [7]. They lacked the efficiency that was required for the successful implementation of the project management techniques. Recommendation For the implementation of the efficient project management techniques the following recommendation are provided for the Clemet Corp Company and the CEO of the company. Development of Project management culture: The project management culture of the company is to be developed by providing clear and consistent project management technique and object for the company [8]. Communication: The communication in between the higher officials and the lower level staffs need to performed efficiently for increasing the efficiency of the company. Developing an efficient project purpose: The Company needs to develop an efficient project purpose for the project tem describing the objective and aims of the project and also defining the scope and budget of the project. Conclusion For conclusion it can be said that the Clemet Corp Company is in need of a proper project management implementations. The problems that the company is facing are described in this report and some recommendations are provided for improve their project management department. References [1]A. Piyasinchart and N. Jeerungsuwan, "Agile Project Management: Massive Open Online Networked Learning for Thai Education", International Journal of Information and Education Technology, vol. 5, no. 5, pp. 358-362, 2015. [2]S. Randolph, "Fundamentals of Project Management, Fourth Edition", Project Management Journal, vol. 43, no. 4, pp. 81-81, 2012. [3]H. Gharaibeh, "A Conceptual Framework to Improve Project Team Learning in Major Projects", International Journal of Information Technology Project Management, vol. 6, no. 2, pp. 61-76, 2015. [4]2017. [Online]. Available: https://Verzuh, E., 2015. The fast forward MBA in project management. John Wiley Sons. [Accessed: 30- Apr- 2017]. [5]T. Thipparate, "Fuzzy critical chain risk management for quantifying impact of variation in non-critical activity duration on project duration", International Journal of Project Organisation and Management, vol. 6, no. 12, p. 48, 2014. [6]F. Mir and A. Pinnington, "Exploring the value of project management: Linking Project Management Performance and Project Success", International Journal of Project Management, vol. 32, no. 2, pp. 202-217, 2014. [7]J. Carroll, "Gower Handbook of Project Management20091Edited by J.R. Turner. Gower Handbook of Project Management. Aldershot, UK: Gower Publishing Company 2007. 4th ed.", International Journal of Managing Projects in Business, vol. 2, no. 1, pp. 159-160, 2009. [8]J. Derner, J. Crowder, M. Smith and T. Plechaty, "Undergraduate Range Management Exam: 1999-2014", Rangelands, vol. 37, no. 1, pp. 26-38, 2015.