Friday, February 14, 2020

Psychology of lifespan development Essay Example | Topics and Well Written Essays - 3000 words

Psychology of lifespan development - Essay Example Discussing these stages, characterized by several general characteristics in physical, cognitive and social/emotional development that the individual must meet and come to terms with, this paper will focus on infancy/early childhood, middle children, adolescence, young adulthood, middle adulthood and late adulthood as well as how specific behavior patterns can be traced through the various life stages. Sensory and motor domain development is most noticeable during the first year of life with physical growth beginning to slow at about one year of age. Parents may notice a decreased appetite at this time as they observe that their children seem to eat virtually nothing comparatively yet continue to grow and are healthy. As children begin to walk, their posture appears as if there may be cause for parental concern but the bow-legged child with their belly sticking out and inward curved back is quite normal for this age. Children are half grown already by the age of two. By age three, the body becomes leaner as the child’s proportion of body fat decreases and muscles increase in tone. By this age, the vast majority of children are physically able to control their bodily functions. Most children follow a predictable pattern of physical growth. Visits to the doctor enable parents to monitor growth in relation to other children of similar age and also allows for comparisons of wei ght gain to height gain. During the preschool years, growth in height and weight is steady. Variations may occur in physical growth during the period of middle childhood, though there is a great deal of predictability. The body continues to change in both height and weight. Weight gain in this period typically varies ranging on average from 3-5 pounds gained annually. Body height may increase by as much as 2-3 inches annually as well. The head of the child remains proportionally larger than the rest

Saturday, February 1, 2020

What's the difference between Financial Accounting and Management Essay

What's the difference between Financial Accounting and Management Accounting - Essay Example While management accounting is largely implemented for individuals working within the organization, financial accounting generally functions for external entities. In terms of financial accounting there are a number of specific considerations. Although law does not require management accounting, financial accounting is a necessity for organizations. The requirements for corporations to keep financial accounting records is a large consideration, as recent Dodd-Frank regulation has necessitated that expensive accounting measures be kept to ensure that accurate records are established. Within this spectrum of understanding financial accounting is further distinguished, as it requires an external review by a certified public accountant (CPA). It follows that external stakeholders use financial accounting. Generally these external stakeholders implement financial accounting reports as a means of making investment decisions, as the financials of a company are the primary determinant of equ ity value. In addition to management accounting being for individuals within the organization and financial accounting being for external stakeholders, there are a number of further differentiating factors between these forms of accounting. While financial accounting necessarily involves the entire organization, oftentimes management accounting is implemented for significant sectors of the business or corporation. This division is such that it creates significant structural divisions between these forms of accounting. While the structure of financial accounting is regulated by the Internal Revenue Service and accounting regulations, managerial accounting is contingent only on the strategic initiatives within the organization. For instance, management accounting records may occur on a daily, weekly, or monthly basis. Additionally, management accounting oftentimes has a strategic angle, as it allows internal officers examine the