English Literature, beginning to Romantic Period. Dialogue Essay

English Literature, beginning to Romantic Period. Dialogue - Essay Example Although Satan as a protagonist may not be the object of admiration as other heroes do, there are some admirable qualities of determination. Satan is also compellingly complex and manages to strike a majestic attitude, not threatened by death or conflict. In The Canterbury Tale, The Wife of Bath tells us how she uses her experience with men to achieve anything she wants. She glorifies her ability to control the institution of marriage, and that she has married several times five men. To her, marrying these five men is not only normal but is acceptable in the bible. Me: welcome guys to our today’s discussion on your roles on earth. Several questions have been raised why you operate the way you do and why you torment those who do not agree with you in one way or the other. What can you say about these allegations? Satan: Thank you, as you I am Satan, the only person who has the ability to challenge our enemies. A man must be able to free his mind; otherwise he would simply be an empty shell with no purpose. That’s why I have to help man think freely, without restrictions by showing him the way to life. The Wife of Bath: Thank you for this forum, I’m here as a testimony of how a free mind can help free humankind’s mind (she wears a broad infectious smile). When Satan talks about the need to establish a free mind, I’m an example of what a free mind can achieve. Satan: (nodes his head in agreement) that’s why heav’n isn’t the right place for mankind, where you’ll be dup’t into believing that you’re free, yet in reality you become a slave of one’s way of thinking. Me: Well, (facing Satan) the last time you disagreed with God you had disobeyed him. You went ahead and started a war that you lost. Instead of picking yourself up and to wage another war, you wage war on mankind by duping them to follow your wicked ways (Milton 6). Satan: (trying hard to control his apparent angered

Strong debate about the advantages and disadvantages of fair-value Assignment

Strong debate about the advantages and disadvantages of fair-value accounting - Assignment Example These are the estimates that they would get if they were to sell the financial instruments in this case assets and liabilities. The companies report profits or losses when the value of their assets increase or their liabilities decreases. The losses decrease the value of the net income and hence the reported equity also reduces. Fair values have played a crucial role in United States for more than half a century. The standards of accounting that allow or otherwise require fair value reporting have increased in a big way over the recent years. In 2006, a controversial and important new standard of accounting was announced by the Financial Accounting Standards Board (FASB) no. 157, which provides a more detailed guidance in assisting firms in the use of fair values. The applicability of this has in recent years been put into test by market conditions which were extreme. Fair value was used as early as the late nineteenth century where it was common for organizations to use appraised values in quantifying their capital assets. In other words it was the value that would be realized by their sale in the market. This exit value was also believed by the economists, to be the most appropriate in construction of financial statements. (See, among others, Diewert, 2005). However, the abuse of this accounting standard by managers eventually led to the enactment of more accounting standards that were more formal by the accounting profession. This led to the emergence of historical cost as the dominant standard for reporting the financial instruments; assets and liabilities. Despite this, fair value remained a preferred concept by many theorists in the field (Magnan, 2009, p. 191). For example, Staubus (1961) and Sterling (1970) argue in support of fair values in financial reporting (p 192), which is the realizable value of the financial instrument. The exit value in accounting was used as a default option when accounting for some assets, however, it re-entered the