Public Sector Accounting Essay Example | Topics and Well Written Essays - 750 words

Public Sector Accounting - Essay Example The financial information is presents the comparative past informations and budgets expectation for future years in available form hence a foundation for budgeting. The ability to separately present the financial information of donor and those of the municipality enhances the decision making of those who provide funds to review the operations involved and how their funds were utilized thereby providing them with better information for decision making. Those charged with governance of Yorba Linda are not only responsible for the inflow and outflow of cash, but also the resources and obligations to which they are in charge of. In accrual accounting, the information obtained provides a better measure for evaluating performance as it enables those charged with governance to evaluate their performance of service against the full costs of providing such services. This improves accountability as compared to fund accounting in which those charge with governance are only accountable to those which the government requires. For example, assets administered by the municipal on behalf of the central government may not appear in the federal accounts. Yorba Linda municipality has significant assets and liabilities under which they manage and through accrual accounting which requires disclosure of material financial information which enhances fiscal transparency and accountability (JONES, 2011). Compared to fund accounting that segregates the funds into different categories, accrual accounting requires full financial statements that are interrelated to one another. This provides an integrated view of the municipality and provides better information for decision making. Accrual accounting will include information of non-cash transactions of the municipality such as creation and settlement of liabilities including payments due thus show the true

Breakaway by Kelly Clarkson Essay Example | Topics and Well Written Essays - 500 words

Breakaway by Kelly Clarkson - Essay Example The producers of the song were Moody and Hodges, whereas the song was sung solely by Clarkson. The song ‘Because of you’ was released as a single on August 16, 2005. One can like the album because of its touching approach. For example, the song ‘Because of you’ takes away the soul of a person to a world where everything is fine but the traces of the circumstances go back to the experiences of some other person who had suffered a lot to enlighten the way for others. In this song, Clarkson tries to tell that she has learned a lot about living a safe life through the experiences of another person. She is living a life based on the experiences of some other person. Given below are a few lines from the song. Kelly Clarkson is an American singer who rose to prominence by winning the American Idol competition in 2002. She signed contracts with 19 Recordings, RCA Records, and S Records soon after winning the competition. Her first and record-breaking success as a singer occurred in 2002 with a commercial hit, ‘Before your Love’. This song led Clarkson to the heights of success and fame from where she never looked back. Since then, she has continued to deliver high-quality hits to the world of music. If we talk about the twelve songs included in the album, ‘Breakaway’, we can say that all of them are wonderful and are able to take away the mind and soul of the listeners to the world of feelings and emotions. The music sounds good both stylistically and emotionally, as well as the way it goes with the lyrics of the songs. The album received a good reaction even from the critics who were left with no other option than to admire the composition and approach of the songs included in the album. Comparing the album with other musical works of the same time, one will find it revealing, heart touching, and stylistically different.