Research on Elizade Nigeria Limited - 1686 Words

A BRIEF BIOGRAPHY ON THE ENTERPRENEUR Chief (Dr.) Michael Ade Ojo was born on June 14, 1934 at Ilara-Mokin in Ondo State, South West of Nigeria. He studied Business Administration at the University of Nigeria, Nsukka (UNN) and graduated in June, 1965. He has worked with some multinational companies including C.F.A.O., the then British Petroleum (BP) now African Petroleum Plc. Today he is the proud owner of ELIZADE NIGERIA LIMITED with several subsidiaries including Toyota Nigeria Limited, Oodua Creations Limited, Crown and Gold Shipping Company Limited among others. He is the Chairman of various Companies including Moorhouse Sofitel Limited, Imperial Telecommunications Limited, Custodian and Allied Insurance Company Limited. He setup†¦show more content†¦As a marketer in BP, he was disappointed when a man he outclassed was promoted to become his direct boss. This he considered very unfair especially because he had just then helped boost the company’s sales by about 25% with the winning over of a new contract. He left the job to serve himself at a time when it was considered stupid to leave the certainty of a colonial job for the uncertainty of private enterprise. The result was the establishment of a small family business (with his wife) now known as ELIZADE NIGERIA LIMITED. HOW THE BUSINESS WAS ESTABLIHED His Start up – funding: Chief Michael Ade Ojo did not make it that easily; he started with the little money he was able to save at the time he was working combined with the help from his wife. Registration of the business: In 1968, he registered a business name Known as Elizade Trading Stores handling general textile sales including underwear under the 1968 Companies Decree (now known as Companies and Allied Matters Act 1990 as amended), but later started business as an automobile marketing company named Elizade Independent Agencies formed in 1971. By 1973 Elizade Trading Stores and Elizade Independent Agencies were merged and Elizade Nigeria Limited was incorporated and in 1976 the company secured Federal Government License which was dealing in Toyota vehicles and spare parts in Nigeria. Procuring

The Life Of Dorothy Wordsworth And John Keats - 946 Words

During the eighteenth century, a style of writing called romanticism that challenged societal norms began to emerge. It worked against the Age of Enlightenment and encouraged emotional, visual, and knowledge as the reservoir for influence. From this time six important authors surfaced: William Blake, William Wordsworth, Percy Shelley, Samuel Taylor Coleridge, Byron, and John Keats. Included in this list should be Dorothy Wordsworth and Mary Wollstonecraft. The eighteenth century produce material that shattered the fundamental’s of society. On Christmas day in 1771, Dorothy Wordsworth was born. When her mother passed away seven years later, young Dorothy was shuffled from one relative to another. Even though her brothers received an education and she didn’t, William willingly taught her to read and write. While Dorothy Wordsworth’s journals weren’t meant to see the eyes of the public, scholars published her writings. The passages are woven together with picturesque details and observations of nature with the love of her brother, William. The text challenges the notation that simplistic and common things are boring and not extraordinary. On January 31, 1798, Dorothy wrote, â€Å"When we left home the moon immensely large, the sky scattered over with clouds. These soon closed in, contracting the dimensions of the moon without concealing her. The sound of the pattering shower, and the gusts of wind, very grand. Left the wood when nothing remained of the storm but the driving wind,Show MoreRelatedBiogr aphy of William Wordsworth2029 Words   |  8 Pagesnevertheless, they often share various similarities within their work. Wordsworth, Tennyson, and Keats can be seen as some of the most comparable people in both their personal lives and literary works. There are three specific poems, one from each poet that can be related to one another. There is: Wordsworth’s â€Å"Lines Composed a Few Miles Above Tintern Abbey†, Keats’s â€Å"Ode on a Grecian Urn† and Tennyson’s â€Å"In Memoriam, A.H.H.† Wordsworth, Keats, and Tennyson never rationalize, argue, or preach; they carefullyRead MoreWilliam Wordsworth as a Nature Worshipper2837 Words   |  12 Pages[pic] â€Å"WILLIAM WORDSWORTH AS THE WORSHIPPER OF NATURE† INTRODUCTION Theres nothing quite like poetry for singing a paean to nature. Among the many celebrated nature poets, William Wordsworth is probably the most famous. What sets his work apart from others is that his poetry was, in fact, an act of nature-worship. Wordsworth perceived the presence of divinity and healing in nature, the presence of a higher spirit that he considered a `balm to weary souls. His poem, Tintern Abbey, depicts withRead MoreBritish Romantic Poetry As A Revolutionary Part Of England s Culture Essay1489 Words   |  6 Pagesliterary genre. For example, Lord Byron was, by all accounts, an eccentric. His unique mannerisms and his reportedly very flamboyant attitude earned his hordes of fans who both devours his work and kept track of his life. Of course, there were more straight-laced people as well, such as John Keats, who started studying to become a doctor and wound up growing into one of the most loved British poets after his death. Percy Bysshe Shelley, who was the father of the author of Frankenstein, Mary Shelly, andRead MoreSummary of She Dwelt Among the Untrodden Ways11655 Words   |  47 PagesThe Lucy poems William Shuter, Portrait of William Wordsworth, 1798. Earliest known portrait of Wordsworth, painted in the year he wrote the first drafts of The Lucy poems[1] The Lucy poems are a series of five poems composed by the English Romantic poet William Wordsworth (1770–1850) between 1798 and 1801. All but one were first published during 1800 in the second edition of Lyrical Ballads, a collaboration between Wordsworth and Samuel Taylor Coleridge that was both Wordsworths first majorRead MoreOde to the West Wind2446 Words   |  10 Pagesstanding in the Arno forest near Florence, just as he was finishing Prometheus Unbound. Dante s Divine Comedy had told an epic story of his ascent from Hell into Heaven to find his lost love Beatrice. Shelley s ode invokes a like ascent from death to life for his own spark-like, potentially firy thoughts and words. Like Prometheus, Shelley hopes that his fire, a free-thinking, reformist philosophy, will enlighten humanity and liberate it from intellectual and moral imprisonment. He writes about hisRead MoreKubla Khan Essay4320 Words   |  18 Pagesconsidered a brilliant work, but without any defined them e. However, despite its complexity the poem can be read as a well-constructed exposition on human genius and art. The theme of life and nature again appears in The Rime of the Ancient Mariner, where the effect on nature of a crime against the power of life is presented in the form of a ballad. Christabel, an unfinished gothic ballad, evokes a sinister atmosphere, hinting at evil and the grotesque. In his poems Coleridges detailed perception

Advanced Accounting for Journal of Instructional Pedagogies

Question: Discuss about theAdvanced Accounting for Journal of Instructional Pedagogies. Answer: This paper solves the issues that arise from the article. The issues that are being solved are those of the advanced accounting. The first part addresses the accounting issues that are discussed in the article. The second part discusses the various accounting theories that are explained in the article. Accounting issues that have being addressed in the article include: Business risk-this is when the director s of the company make a decision that may affect the company negatively or where the event that occurred threatened the future of the business. a plan of recruiting 5000 CPA was never successful. This may make the business to operate at a loss.2) there is also lack of transparency at the company. The CA ANZ does not show detail about spending and revenue in the company annual report (Scott 2015). The CA ANZ accountant spend higher amount of money on the project contributing to losses and this made the company to initiate program of cost cutting . The CA ANZs tertiary level educations are all at risk due to the losses that the company experiences in the course of business operation. 2) In terms of the issues of accounting being discussed, what I disagree/agree with in the article are the following. In the article, it is true that there is lack of transparency in the company this is because the CA ANZ fails to reveal the detail of the total expenses and revenue (Schaltegger and Burritt 2017). The annual report of the CPA published during the month which acts as the benchmark also enlightened some forms of transparency issues in the company. I agree with the decisions of the executives of engaging in a project that is risky. These projects can make the company to spend higher amount of money but they always have long term benefits to the company. The CA ANZ will yield higher amount of profit from the business that are risky in the long run. Though, sometimes they might make the company to run at a loss in the short run which is obvious because in any business operation there must be a profit or loss. In case of the loss, the company should come up with suitable strategies in order to improve the operation of the business to ensure that the company event that causes the business to make losses are solved (Libby 2017). The decision of the company of reducing the number of the staff, outsourcing of the employees and slashing of the budget are the best idea as they will reduce the CA ANZ expenditure. This may make the company to make profit because the expenses will be lower than the revenue. 3) How the article is linked to theories/theory is well explained in the Unit of Advanced Accounting. Accounting theories- These are sets of methodologies and assumptions used in the application and study of FRP (Financial reporting principles). Going concern- this theory is evident in the articles. It states that when accounting of the business is being managed, the controller must understand the financial viability of the business. The assumption in this theory is that the business is strong enough to survive even in the future. In case the accountant realized that the business will fail in the future then he will state it in the financial statement of the business (Bublitz, Philipich and Blatz 2015). The annual spending of the CA ANZ is being stated in the annual report of the company. The report of the accountant should outline whether the company will operate in the future. Revenue recognition- this is the accounting principle that are in the GAAP that help in finding a particular conditions in which revenue should be accounted for or recognized. The company recognized the revenue after the performance of a specific event or project. From the comparison of the CPA disclosure and CA ANZ, it is clear that the company recognized both the revenue and expenses. The CA ANZ financial statement recognized both the expenses and revenues when they are realizable or realized by the company (Leong 2015). Consistency- this theory state that once the company selects an accounting method, it should be applied continuously over the entire accounting periods. There is a consistency in the financial statements of the CA ANZ. The company uses the same accounting standard where the revenue and expenses are being recognized for each of the financial year (Gaffikin and Aitken 2014). References Bublitz, B., Philipich, K. and Blatz, R., 2015. An example of the use of research methods and findings as an experiential learning exercise in an accounting theory course.Journal of Instructional Pedagogies,16. Gaffikin, M. and Aitken, M. eds., 2014.The Development of Accounting Theory (RLE Accounting): Significant Contributors to Accounting Thought in the 20th Century. Routledge. Leong, R., 2015. Structuring an undergraduate accounting theory course to enhance the learning experience of Australian students: Preliminary findings. Libby, R., 2017. Accounting and human information processing. InThe Routledge Companion to Behavioural Accounting Research(pp. 42-54). Routledge. Schaltegger, S. and Burritt, R., 2017.Contemporary environmental accounting: issues, concepts and practice. Routledge. Scott, W.R., 2015.Financial accounting theory(Vol. 2, No. 0, p. 0). Prentice Hall.