Analysis of Music Pieces in Terms of Rhythm, Melody, and Texture

Mood, song, and surface are a portion of the huge fundamental components of music that can be found in actually any melodic piece. However, those components contrast significantly from piece to piece, in this manner making the individual picture of every organization and making it unique.Advertising We will compose a custom article test on Analysis of Music Pieces in Terms of Rhythm, Melody, and Texture explicitly for you for just $16.05 $11/page Learn More The current paper centers around dissecting the beat, tune, and surface in a determination of two melodic arrangements and finding both the likenesses and contrasts in the manner those melodic components show up in the structures. The works being talked about originate from various styles of piano music. The primary piece, Allegretto Graciozo from Piano Sonata K333, was composed by Wolfgang Amadeus Mozart in the brilliant time of Classical convention in 1780s. The subsequent piece, Fantaisie-Impromptu op.66, was made by the Romant ic virtuoso of Frederic Chopin in the main portion of the nineteenth century. The musical quirks of Mozart’s Allegretto Graciozo mirror the smooth idea of the piece, reported in its name. Spilling through the straightforward fourfold time signature alla breve, the development continues in the consistent mood of quarter-notes and eighth-notes, with a huge cadenced highlight put on the primary beat of the bar by putting a dabbed stitch rest there (Mozart 00:00, 00:08). The security of rhythmical plan is by one way or another charged by a triplet of sixteenth-notes showing up in the variety of the underlying theme (Mozart 00:08). An increasingly evident move from duple to significantly increase mood is seen in the fourth acknowledgment of the fundamental subject, with its last bar breaking out in a progression of four eighth-note triplets (Mozart 00:22â€00:24). Mozart utilizes the technique for rhythmical variety generally, with the subsequent topic enhanced by a little synco pe during its reiteration (Mozart 00:38â€00:40). Notwithstanding these little rhythmical varieties, the general assorted variety in beat is accomplished through modifying increasingly stabile musical plans of quarter-notes and eighth-notes with progressively upset examples of sixteenth-notes (Mozart 00:41â€00:51). As it is normal of music composed by writers of Viennese Classic period, the song of Allegretto Graciozo depends on the hints of harmonies. For instance, the primary bar of the piece includes a tune featuring the tones of a ternion, and in the second bar it traces the tones of a seventh-chord.Advertising Looking for article on craftsmanship and plan? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Due to this idiosyncrasy, the main thought process is portrayed as disjunct tune (Mozart 00:00â€00:04). As opposed to this part, the last rationale of the expression moves in interims of seconds, and thusly includes a conjunct sort of tune (Mozart 00:05â€00:07). The centrality of the underlying expression is underscored by the way that it is rehashed multiple times toward the start of the piece (00:00â€00:24), at that point in the piece (01:00â€01:21), and afterward created in an alternate mode (02:15â€02:25), returning in the first variation two additional occasions (02:44â€03:05 and 05:15â€05:25). In the customs of the Classical time frame, the surface of Allegretto Graciozo is homophonic. The primary tune is set in the top layer of the surface, the most elevated pitches. Despite the fact that the remainder of the layers some of the time show fascinating melodic lines, they don't speak to an autonomous song. Hence, those subvoices can't be seen as similarly critical melodic materials and ought to rather be delegated backup. Inside this homophonic surface, in any case, there are sections of polyphonic discourse between the voices, copying each other’s themes (Mozart 01:30â€01: 33 and 04:21â€04:24). Chopin’s Fantaisie-Impromptu for piano speaks to an inquisitive bit of music from the perspective of its rhythmical plan. The essential time mark of the creation is straightforward fourfold, yet it is nearly leveled by the complicated polyrhythmic design: the correct hand of the piano players plays entries in four sixteenth-notes per beat, and the left hand of the musician performs groups of three of eighth-notes per beat simultaneously. This makes a unique impact of consistent and very unpredictable development. Musical association additionally assists with separating the type of the piece: the polyrhythmic example of four sixteenth-notes against eighth-note groups of three offers spot to another polyrhythmic example of two eighth-notes against eight-note sets of three in the center segment of Fantaisie-Impromptu (Chopin 01:03â€02:55). It is difficult to discuss the song in the two pieces of Fantasie-Impromptu situated around the center. Truth be told, the genuine tune shows up just in the center part, highlighting a melodic line of a wide range and both conjunct and disjunct development (Chopin 01:03â€02:55). The enormous jumps in tune increment the expressiveness of the piece by amplifying the melodic range to right around two octaves (Chopin 2:25â€2:27).Advertising We will compose a custom exposition test on Analysis of Music Pieces in Terms of Rhythm, Melody, and Texture explicitly for you for just $16.05 $11/page Learn More Emphasizing the sentimental idea of the piece, the song of the center part is rich with different embellishments like trills and ornamentation (Chopin 01:10, 01:20, 01:30). Differentiated to this undeniable tune in the center segment of Fantaisie-Impromptu, the external segments speak to a steady development of sounds without a distinct melodic line. In any case, even in this sound substance, there develop certain melodic driving forces, permitting to interface sounds together in a discernible melodic line (Chopin 00:20â€00:38 and 03:07â€03:24). The surface of Chopin’s Fantaisie-Impromptu is clearly homophonic in the center part where an unequivocal melodic line is joined by figurations in the bass (Chopin 01:03â€02:55). Actually, the surface in the external parts doesn't have a remarkable melodic line. The surface there is very thick because of the figuration in the gatherings of both the privilege and the left hand of the piano player. In any case, since the material played by the correct hand wins in the conference view of the audience, it tends to be accepted that in the external parts the surface is homophonic too. In spite of the distinction in style between Mozart’s Allegretto Graciozo and Chopin’s Fantasie-Impromptu, there is sure closeness in the manner in which the two structures are sorted out musically. From one perspective, the two pieces keep up indeed the very same sort of time signature, the straightforward fourfold one. Then again, when looking at the manners in which the arrangers handle redundancies of the fundamental melodic line, it becomes clear that with every reiteration the subject is changed musically. By subject here is implied the underlying expression in Mozart’s Allegretto Graciozo and the melodic expression that opens the center piece of Chopin’s Fantaisie-Impromptu (Chopin 01:03â€02:55). Musical variety as a methods for improvement is along these lines regular to the two pieces. As far as tune, the pieces are comparative in that the two of them have unmistakable songs that join both conjunct and disjunct development. Once more, in the event that with Chopin’s Fantaisie-Impromptu song is examined regarding the center area (Chopin 01:03â€02:55). Both of the organizations highlight redundancies of melodic expressions so as to underscore the essentialness of the given song as the fundamental topic of the piece. In addition, Mozart, similar to Chopin, utilizes the pr ocedures of decorative adornment as variety in ensuing reiterations of the melodic expression (Mozart 00:15).Advertising Searching for article on craftsmanship and plan? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Staying inside the regular custom of Classical and Romantic music, both Mozart and Chopin compose their pieces in homophonic surface. The song plainly rules over the backup, anyway fascinating subvoices the last may include. The backup of the two pieces is principally founded on supporting the song by symphonious structures that really speak to consonant harmonies extended in independent sounds. Thusly, the subvoices just fill in the congruity and can't be seen as free melodic structures. Alongside the likenesses, the music pieces being talked about exhibit noteworthy contrasts regarding cadence, song, and surface. The distinctions in cadenced association of the two organizations are evident in the way that Chopin’s Fantaisie-Impromptu exhibits a splendid case of polyrhythmic music, with its external parts including an impact among triple and fourfold cadenced structures. Such clash of at the same time sounding rhythms makes a contention and sensational character of music itse lf. In actuality, Mozart keeps his piece in moderately consistent rhythms, once in a while presenting a progression of triplets or syncopes to broaden the cadenced plan. This placidity in beat adds to the smooth idea of music reported in the title of Allegretto Graciozo. The melodic association of Mozart’s and Chopin’s pieces shows a distinction regarding the expressive impacts of the song. While Mozart keeps the fundamental song of his sythesis genuinely unbiased by adhering to the standard example of following the hints of group of three, Chopin shows up progressively imaginative in his way to deal with tune. In the two external segments of his Fantaisie-Impromptu, the writer hides the tune in the spilling entries of sixteenth-notes and just once in a while lets the crowd follow inflections that take after a melodic line (Chopin 00:20â€00:38 and 03:07â€03:24). Such veiling of the song in the external parts shows up

G(e)e^ks

G(e)e^ks First, a couple of questions answered. Vidal Carlos Garza asked: Would you mind answering questions to a student in highly interested in becoming an MIT student??? Id be happy to answer your questions (or direct you to someone who can)! Thats part of why Im here! He also asked: Neil Gaiman wrote the novel you quote??? Im quite impressed. The title of my blog is, in fact, part of a quote from Neil Gaimans novel American Gods. For the days entertainment, I introduce you to the conecpt of the talk list. Most living groups at MIT, in addition to having emailing lists for official announcements and such, have a talk list, or discuss list for debates, flamewars, non-official announcements, and thoroughly random conversation. One of the largest and highest-traffic talk lists is ec-discuss, the talk list of East Campus, which consists of hundreds of EC and non-EC residents, alumni, and associates. Its a public list, so anyone with an Athena account can add themselves, not just residents of the dorm. I was entertained by a thread I read this morning, which falls into the thoroughly random conversation category. It started when Vogt 06 was up in the middle of the night and posed the question, If pi and e had a fight, who would win? Because the standard of discussion on ec-discuss is, of course, always of the highest quality, Andrew 00 replied, Yo mama so fat, pi doesnt even begin to describe her circumference. On which Amittai 01 helpfully elaborated, with yeah! itd take at least _twice_ that! Luckily, Dheera 06 had a real answer! pi is clearly better, because: 1. you can eat it and it is tasty. e is not tasty. 2. people care to memorise more of pi than e. obviously it must be more important. someone from japan just recently did 84000+ digits from memory i think, if i remember correctly. whens the last time anybody cared to memorize maybe more than a 100 of e? 3. the formulas for pi look more complicated and are thus better for intimidating people 4. e doesnt get used nearly as much, in my opinion. sure, there are places where e shows up, but many times in engineering exp() and ln() are chosen for convenience and simply preceded by constants which throws away the meaning of e you could have picked any other base to work with, in many (and i didnt say all) situations. i realize that its self-derivative property of e^x is great and all, but again, in applications, you probably need a constant such as e^(ax) in which case you coulda picked any other base anyway and just change the constant. pi on the other hand gets used all the freakin time. But Anna 07 was less sure. 1. you can also consume e. it takes less e than pi to have an effect. 2. the continued fraction of e is trivial to remember. 3. the formulas for e are easier less unweildy. 4. e is used all the time in complex stuff, but really, does (oven)use make something better in a fight? so the real question is, are circles or spirals better, considering that a circle is just a degenerate spiral. Josh 04 didnt like either of the two options so much: E^Pi would kick both their asses. And I guess his argument was somewhat convincing for Dheera. true. i to the i equals one over the square root of e to the power of pi The discussion took a numerological turn, and we learned that Einstein was born on Pi Day (March 14, or 3/14). We also learned that the Manchester Guardian was born on 2/7/18, but it was claimed that because of Einsteins scientific significance, pi still had mathematical superiority. However, Rax 04, who writes wonderful emails, took exception to this line of reasoning. Since when is if pi and e had a fight, who would win? about mathematical superiority? Fighting isnt about mathematical superiority, its about injuring the other party, and shaming their family. The fact that my initials spell red and red is the color of blood has nothing to do with my ability to take you in a fight. The reason I could take you in a fight is that while youre worshipping at the altar of pi, Im training my army of robot knife-drones to act without remorse in destroying my enemies completely. As with people, the most dangerous number is the one with nothing left to lose, and thats 0. Pi and e both have reputations to be upheld, families that you can abduct, functions that can be roughed up and left in an alleyway. If pi and e had a fight, the winner would be whoever got their knife out first. But they would both lose to zero. How can you stab a gaping hole? How can you bust a cap in the absence of an ass? There are at least two things that incoming freshmen, prosepctive students, and others, should learn from this: 1. No matter what propaganda well-meaning but misguided people try to sell you, MIT students are not normal. MIT students are geeks, in more varieties than youre likely to find just about anywhere else. Who wants to go to a school full of boring normal people? 2. MIT is so incredibly unbelievably awesome sometimes! Hey readers! Which do you think would win in a fight, and why? Pi, e, or something else?

How The Boston Massacre Changed USA - Free Essay Example

During the 1700s, came the birth of one of the greatest countries in this world, the United States. The process was no walkthrough and many of the scarring events that took place were necessary for the advancement of the independence movement by the colonists. One very important event that changed the fate of the country had to be The Boston Massacre. Paul Reveres interpretation of the event, named The Bloody Massacre enraged many colonists around the region to take part in the revolt against the British Parliament. Many historians believe this to be a huge turning point in American history. The way the painting depicts the overpowering force of the government against the weak and powerless colonists was used as a catalyst for the secession from the parliament and the Crown of Great Britain. Other nations in the world could take inspiration to revolt from their leaders due to the movement occurring in America because of this event. This paints a message of how the underdog or less powerful side shouldnt have to take the brutal control of an overpowering force. This painting gets right to the point as its used almost as a political cartoon in the sense trying to make a political jab at a certain party or greater entity in this case the British Crown. Typically, political cartoons are used domestically in countries like the U.S to push messages to citizens about an issue, group, or political party in the same nation. On the other hand, this image was used to bring light to an issue caused by British soldiers. British soldiers popularity made them almost a representation of the Great Britain rule which was very cocky, aggressive, and ignorant. Revere made sure to convey this as much as possible in order to make the public believe that going against Great Britain was necessa ry to develop their independence.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The scene displays the firing of muskets from the British Officers at unarmed colonists. We can clearly tell the opposing sides as the British army are notorious for their bright red attire. There also is the sight of many deaths on the side of the colonists suggesting the name, The Bloody Massacre. The victims blood is spread across the ground signifying emphasizing the gruesomeness of the situation. One mans head seems to be halfway destroyed by one of the bullets fired. The gruesome image could possibly be an exaggeration by Revere to again emphasize that these colonists were pretty much wrongfully executed. A colonist towards the front of the group seems to be pleading for the soldiers to stop. He could possibly signify that they hopeless and couldnt possibly cause harm as theyre unarmed unlike the British troops. The setting of the event is the city of Boston which was made apparent at the top of the painting where it stated, The Bloody Massacre Street Boston. This event also se emed to be a public skirmish as it takes place in a general outside area not a private setting.Knowing the artist for this particular portrait is one of the most important aspects of the painting. I am familiar with this artist due my previous knowledge of American history. He was a very famous patriot whos most iconic for his midnight ride to alert the colonial militia, yelling, The British are coming. Being a patriot could change the entire interpretation of the painting. Luckily, this was the case. If Revere had been a loyalist, he most likely would have changed the entire context of the picture. For example, he could have shown the colonist aggressively attacking the British troops. This would have given off the message that the troops were simply defending themselves and protecting the streets of America. I believe the artist wanted to convey the harsh and oppressing government over the innocent colonists. As he is a patriot he believes in getting freedoms he currently doesnt have due to the British ruling. This would hopefully encourage other colonists across America to take a stand against the Crown for that same reason. The interesting part is that the actual event erupted due to the harassment of the colonists towards the soldiers forcing them to feel the need to open fire. The reason this is interesting is because the intended audience which was the colonist can only see what the British troops had done not the colonist. This is important because it forces the colonists to believe Great Britain is a threat and not debating between which of the two sides did wrong.Going into a deep analysis of the soldiers can show some of the important themes in the image and also increase the significance of it. A quick general look would give off the impression that there were soldiers lined up firing upon innocent bystanders. Through further examination it can be noted on how the firing troops were positioned. Their stance and movements being in uniform give off the dominance of the situation especially the captain. He looks to be confident showing no regret to the firing on the unarmed colonists. Judging by how he directs the sword towards the colonists gives off the impression that he really does feel his order is correct. The soldier all way to the left almost looks to be enjoying it smirking and being the only individual that isnt aligned with the soldiers to his left. These two details almost show how the troops jobs have almost engulfed what makes them human which is emotion and grief. This creates a notion of how the British troops are out to get the colonists and are simply not just there to protect the streets.Moving to the colonists is where things get very interesting. The image was mass produced to be publicized to many of the colonists around the colonies as it was printed on many newspapers. This favors Revere as he is a patriot who uses this to advantage by painting the helpless and unarmed colonists to be the victims of an unlawful use of power by the British troops. This matters because it can gain a great reach across the colonies as there was no other to share the issue rapidly. Then that would become a spark to the revolution that would come in the near future. Revere paints the blood of the dead colonists in a bright, rich red color to emphasize why this event is labeled as a massacre. The faces of the colonists give off the image of hopelessness and victimization when in fact they had been the aggressors. This again speaks to the narrative created that the colonist were innocent and were wrongfully being shot at.There also seems to be a lot of color in the portrait that is used to illuminate significant details. The way Paul used this in this painting was to differentiate the two sides by leaving out color applying rawness to the left side of the picture. This rawness includes the unfinished and rough angles of some of the colonists and buildings giving it almost an antique and sketched look. The left side of the picture shows the sky above them is dark as well as the uncolored buildings represent the struggle the colonist face against the tyranny upon them. This struggle could give a small insight into the measures needed to ignite somet hing massive like a revolution for independence. Thats why things like this image must be done by patriots like Revere to take action against oppressive powers. The only color on the left side are the victims and witnesses. With the color not present it seems like the life has just been taken out of them as humans to witness such a jarring event. On the troops side the color is in full and every action is exploited in full detail. The buildings are also refinished in full color displaying that life wasnt being destroyed for them, though the soldiers seem to be in an unhuman like state showing no type of remorse. This can represent that larger and oppressive powers are comfortable using tactics to take advantage of their subjects, and it is up to the citizens to step up and take action for what they believe is right. The way objects were placed as well as other physical elements really gave subtle hints of great meaning. For instance, the building above the troops was labeled Butchers Hall. Theres no coincidence there, as the massacre could be considered a butchering of colonists by the troops. One woman in the middle of the colonist group might contain some sort of importance as she looks to be dressed as a nun. Her jacket or dress is highlighted in full black but her hat unlike anyone elses is a light tan. She must signify s ome type of importance as she would not have been highlighted like she is. She could represent the disbelief by many and be very disappointed in the lack of chivalry by the firing troops. The dog seems to be a very ironic addition to the picture as dogs represent a sort of loyalty and companionship. In this case the dog is facing against the troops who could be considered loyalists due to their close ties to the king. The meaning of these physical elements is to bring out the wrongfulness of the troops portrayed by Revere. This helps Reveres argument because it gets the colonist and general public to subconsciously feel disgust towards the troops and go against Great Britain.There are also many uses of the different shading and line techniques that play a role in the emotion of the two sides. The troops are shown with very cut and angular looks giving the impression of dominance and supremacy. On the other hand, the colonists faces are very rounded really giving the impression of sorrow. This is significant because of the fact that Revere is trying to make the point which is that the British Crown cant be in rule any longer.All the details and uses of many art elements in this painting are able to convey the oppressive and tyrannical side of the British. This is important because of the specific time period this image takes place which is the 1700s. Paul was able to create commotion around the nation boosting the side of the rebellion to go ahead break ties with the overpowering King of England. Revere was successful in twisting an event in his favor to create an image that supported the cause he so heavily rooted for. Not only does this image help Reveres argument of going against the British Crown it also helps justify how people of a community shouldnt have to take whatever their oppressive government throws at them but make for change.

10 Art History Papers Topics for Inspiration

The Financial Aspect On An Incorporated Entity Finance Essay - Free Essay Example

Sample details Pages: 8 Words: 2366 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Let me first begin by explaining what a cash flow statement is. To put it simply, a cash flow statement is rather self-explanatory in that it details the flow of cash in and out of the business. It shows where cash comes from and where the said cash goes to. Don’t waste time! Our writers will create an original "The Financial Aspect On An Incorporated Entity Finance Essay" essay for you Create order For example, a typical cash flow statement would include cash generated from sales and on the flip-side, taxes that are paid. Another form of financial statement is the income statement. The income statement is also sometimes referred to as the profit and loss statement. As with cash flow statements, income statements are also rather self-explanatory. This is perhaps more apparent to the layman if they are referred to as profit and loss statements. These statements show whether a company is running on a profit or a loss for a given period. As with other forms of financial statements, balance sheets also reflect on the financial health of the company. However, balance sheets are typically much more comprehensive and often offer a more detailed look at a companys financial standing. It details who owes the company what, who the company owes, and what properties the company owns, amongst other things. Equity statements on the other hand explains the changes in the companys reta ined earnings. It would typically contain items such as changes in ownership stake in the company and the level of profit or surplus retained over a specified period. Also often detailed are dividend payouts and issuance of stocks. Now armed with some rudimentary knowledge of what financial statements are, we are perhaps better equipped to navigate towards the main focus of this essay the importance of financial statements to various groups. Investors In no particular order, I shall first discuss the importance of financial statements through the lens of a prospective investor. As one might imagine, it would probably not be a very good idea to invest ones hard earned money into a financially ill business. In a nutshell, this is why financial statements bare such great importance to the prospective investor. Financial statements provide a vital look into the inner workings of a business, painting a better picture of how the said business is run and thus helping investors better calculate risk. That in turn helps them make better investment choices, hopefully. For instance, an analysis of an income statement would show whether or not the target of investment is turning a profit. This, is probably as good a yardstick as any in assessing a companies success, at least on the surface. Cash flow statements are also of considerable importance to prospective investors as it displays the the movement of cash through the business. An investor could use the cash flow statement in tandem with the the companies net income to determine whether the volume of cash moving through the company is sufficient to make their investment efforts worthwhile. Balance sheets as discussed above, provide a snapshot of a companies financial wellbeing for a specific duration of time. Balance sheets thus provide integral data detailing the assets of a business which would include prior investments contradicted with the liabilities the business owes. Based on the assumption that no self-respecting investor would want to make a loss on his/her investment, the balance sheet would show clearly if the business in rolling in debt with not much prospect of profitability and that point in itself clearly underlines the importance of the balance sheet to investors. Equity statements like all other forms of financial statements really come in handy when trying to assess the financial standing of a company. Equity statements are used typic ally, but not exclusively, when deducing a companys debt-to-equity ratio. The investor would look at the equity statement and draw a comparison between the companys cumulative debt and the shareholders equity. This helps paint a detailed picture of a companys financial health, specifically and for lack of a better word, its investability. Employees It is often said that a company is but only the sum of its employees. Having argued thus, it is a hardly debatable notion that financial statements are as important to individual employees as they are to anyone. Financial statements can help the individual employee gauge the stability of their current job and decide if it is necessary to perhaps seek greener pastures elsewhere. Now, this might not necessarily be good for the business in question, but from an employees perspective it is a perfectly valid point. Wouldnt you want prior knowledge if the business you work for was free-falling down the financial hill? Additionally, these reports also come in handy when making bargaining agreements with the management in terms of remuneration, promotions and so forth. It is worth nothing, however, that it is these financial statements are more commonly reviewed by workers unions or similarly designated bodies rather that the individual employee himself. Specifically, balance sheets are important as it helps the employee assess the financial stability of the firm he or she is working for. For instance a registered union may review a companies balance sheet and notice that it has $500million in available cash. The union representative may then attempt to persuade the company to raise employee salaries by a margin realistically within the companys financial parameters, say by 5 percent, knowing full well that the raise would only cost the company and additional $2million. A labor representative may also analyze a companys income statement to weigh revenue and expense levels. Taking into consideration the breakdown of the income statement the representative could show, if it is the case, that perhaps salaries of employees only constitute a proportionally small percentage of the companies expenditure. The said representative could then advocate for a raise on behalf of the employees arguing that the cost involved with giving that raise would not adversely affect the company but rather benefit the firm by boosting the morale and hence effectiveness of its staff. Much of the same arguments as to why an employee or a union would want to review a business income statement conveniently also applies to cash flow statements. The differing point here being that what would be reviewed in a cash flow statement is the companies operating cash activities. Its importance towards the employee would be that cash flow statements would show the total cash payments against which total staff salaries could be compared with to gauge whether employees of the business are being fairly compensated. Equity statements on the other hand, are not of much use to the average individual employee. However, the same cannot be said for workers unions. As equity statements would detail things such as dividend payouts, it would show if the directors are being paid massive dividends at the expense of the average employee as was the case with General Motors during the a utomotive industry meltdown last year. Top execs were paid bonuses worth hundreds of millions of dollars while the company as a whole was so deep in financial quicksand that it required a bailout from the US federal government. Lenders Thirdly, we shall consider the importance of financial statements from the perspective of lenders. As providers of capital, lenders namely banks and financial institutions are understandably very concerned with a companys financial health as it reflects directly on the aforementioned companys credit worthiness. Much like how you and I are required to produce income documents upon application of a loan or any other credit facility for that matter, company owners are also usually required to produce a whole bevy of financial statements before any form of credit is issued by the lender. These documents prepared to certain industry standards serve to paint as accurate a picture as possible of the companys current financial standing and when extrapolated help predict how the company will perform for the tenure of the loan. The balance sheet, by detailing a companys asset investments paint a great portion of this picture. Since the balance sheet also list a companys outstanding debt a nd equity components, it helps creditors assess their relative position amongst the rest of a companys capital composition. On the other hand, profit and loss statements or income statements, are of much use to creditors as it would show whether a company has sustained growth or suffering a loss over a specified period. This then assist the lender in plotting the trend which they will then use, in conjunction with other factors to determine how well the company will be able to repay the loan. As with other financial statements, cash flow statements also prove to be of great importance towards creditors in much the same way as the other forms of financial statements discussed above in that it paints a picture of a companys credit worthiness. However, it is worth noting that a paradox exist when it comes to cash flow statements and its relationship with lenders. The more detailed the cash flow statement is, the less likely the applicant business has anything to hide. Bearing thi s in mind, the cost of preparing a financial statement rises exponentially with the level of detail involved. This increase in cost is associated with the practical and logistical constraints of compiling every single cash transaction that the business undertakes. Thus said, it is of utmost importance that businesses strike the golden balance between cost and providing lenders with a sufficient cash flow information within the statement. Suppliers Apart from the aforementioned parties, suppliers also have an interest in the analysis of a companys financial background via financial statements. Suppliers and vendors rely on the statements to asses the financial standing of clients, especially those they intend on establishing a long-term relationship with, to ensure that they are not getting into a bad deal. However, setting themselves apart from the parties discussed above, suppliers tend to rely more on statements containing information on the business partners or owners. The underlying principle behind this phenomenon is the fact that in a trade environment where it would be logistically impossible to check their customers backgrounds in its entirety, credit risk on the part of supplier simply skyrockets. This information is typically used as part of the suppliers due diligence and compliance processes, which are crucial in identifying the risk involved in transacting with a particular client. When these processes are undertaken are largely dictated by the suppliers themselves, however it may also be determined by government or industry regulators. For example, when not governed by regulation, a supplier may choose to play it safe by implementing due-diligence processes prior to establishing a relationship with the client business or only once transactions hit a certain threshold to give clients a chance to sample a vendors goods or services. Another peculiarity with the way vendors or suppliers utilize financial statements is that they generally tend to rely on specific, isolated bits of informations within these statements when financially profiling their clients. These bits might take the form of bankruptcy flags deduced from balance sheets, liquidity data inferred from cash flow statements and even financial statements with an internal focus which they then use to evaluate whether a clients business model is a potentially profitable or otherwise. However, where available, income statement s would be favourable as they negate the need for guess work in determining a client business profitability. Customers Moving on, we shall now consider the importance of financial statements towards the stakeholders perhaps most coveted by businesses the valued customer. Whilst the layman would rarely look into each type of financial statement in isolation, when consolidated and simplified, perhaps into a financial report or an article found in he business section of the daily paper, the information in financial statements can be extremely useful to the consumer. Allow me to illustrate my point. Consumers no doubt prefer doing business with well established companies as these businesses generally offer better after sales service and customer support. However, in some sectors like the automotive and real estate industries, longevity in a company is often at top of a consumers priorities when faced with the choice of who to do business with. Information hypothesized from financial statements provide this valuable insight. Another prime example I shall use to fortify my point has to do with the recen t surge in environmental awareness. Today, more consumers than ever are demanding that companies behave socially and environmentally responsibly. As a direct result, more and more companies are incorporating such metrics into their financial documents to reflect this much desired virtue. Government Lastly, a companys financial statements also play an irreplaceable role to the governments of the nations in which the companies operate. It is common knowledge that a great portion of a governments income comes from corporate tax paid by businesses that operate in that country. Thus, financial statements allow governments the luxury of calculating future budgets by way of approximating the taxes that each company would pay based on its prior and projected performance. In more detail, companies balance sheets are scrutinized by government agencies and regulators to ensure that companies are being run in compliance with legislation passed by the government. On a darker note, law enforcement often analyzes the cash flow statements of companies as it details the migration of cash in and out of the company. As such, this document would be as good as any when looking for evidence of money laundering. Conclusion Dearest reader, much ink has been spilled by both scholars and members of industry alike in an effort to classify financial statements into various groups. Although this has largely been a successful endeavor as discussed in the foreword of the essay, the more minute details of what each type of financial statement is remains till this day a subject of debate and interpretation. Perhaps, though, a more futile question to ask is to whom are financial statements important?. To that question and in concluding this essay, I humbly opine that while financial statements are important to several major groups as outlined throughout the essay, on a broader scale, these mere pieces of paper with numbers jotted across them would be of great importance to any group or individual with an interest in the economic aspect of any particular company.

How to Use A Les and Other French Contractions

Eighteenth Century English Literature - 5838 Words

Chapter III: Eighteenth Century English Literature LITERATURE OF THE ENLIGHTENMENT (18th century) The 17th century was one of the most stormy periods of English history. The growing contradictions between the new class, the bourgeoisie, and the old forces of feudalism brought about the English Bourgeois Revolution in the 1640s. As a result of the revolution the king was dethroned and beheaded and England was proclaimed a republic. Though very soon monarchy was restored, the position of the bourgeoisie had changed. The 18th century saw Great Britain rapidly growing into a capitalist country. It was an age of intensive industrial development. New mills and manufactures appeared one after another. Small towns grew into†¦show more content†¦Such composition of the novel gave the author a chance to create an all-embracing picture of the 18th century England, to write a comic epopee as Fielding himself called the novel. Fielding also worked out the theory of the novel. In the introductory chapters to the eighteen parts of The History of Tom Jones he put forward the main requirements that the novel should meet: to imitate life, to show the variety of human nature, to expose the roots and causes of mans shortcomings and to indicate the ways of overcoming them. 3. Late Enlightenment (Sentimentalism) (1750-1780). The writers of this period, like the Enlighteners of the first two periods, expressed the democratic bourgeois tendencies of their time. They also tried to find a way out of the difficulties of the existing order. However, while their predecessors believed in the force of intellect, they considered feelings (or sentiments) most important. The principal representatives of sentimentalism in the genre of the novel were Oliver Goldsmith (The Vicar of Wakefield) and Lawrence Sterne (Tristram Shandy, The Sentimental Journey) and in drama-Richard Sheridan (School for Scandal and other plays). Questions and tasks 1. 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