Oppression Essay - 1908 Words

Oppression signifies an authority over another group, disengaging that particular group from the rest of society. â€Å"The term oppression encapsulates the fusion of institutional and systemic discrimination, personal bias, bigotry, and social prejudice in a complex web of relationships and structures that shade most aspects of life in our society† (Bell, 1997). In one way or another every individual experiences some form of oppression, whether it be through race, sex, gender, religion, age, wealth and/or sexual orientation. These cultural minorities experience inequality where a dominant culture casts its authority and power through exercises of unjust and cruel methods; these methods have been experienced through the Women’s Movement, the†¦show more content†¦Ã¢â‚¬Å"A great achievement of women’s movements worldwide has been their success in ‘breaking the silence’ about male violence against women in intimate relationships† (Vickers , 2002). Having broken the silence of violence it has also broken the silence of oppression. The ongoing battle(s) of women’s rights suggests that the silence of oppression is of the past and the future holds equality for all alike. â€Å"†¦power is the capacity to terrorize, to use self and strength to inculcate fear, fear in a whole class of persons† (Dworkin, 1981). Male dominance exhibits and practices fear toward those of different classes, its use is to gain power to which control is given. â€Å"In the male system, sex is the penis, the penis is sexual power, its use in fucking is manhood† (Dworkin, 1981). The male mind indicates that without a penis an authority of power is dismissed and overlooked. Unfortunate for society today male hierarchy continues to be the dominant practice and the penis is a visual and vital form of power. â€Å"Male sexual power is the substance of culture† (Dworkin, 1981). Although women have come a long way their o ppression and limited amount of power in society has yet to be broken and adjusted because of this visual of the male penis extracting power in society. With the Women’s Movement challenging women’s rights it did however omit African American women from the process. The Civil RightsShow MoreRelatedThe Oppression Of Women1923 Words   |  8 Pages(Beauvoir 201). In addition, men’s domination over women, places women in a state of dependence. Women are largely reliant on men for economic necessities and security. However, women’s reliance on men, leaves them vulnerable to male’s oppression on them. Male oppression places a significant burden on women yet, men do not need to take responsibility or place any concern to the fact of how oppressive their superiority is on women because it is â€Å"intended by nature† (Beauvoir 161). Nature endows men withRead MoreOppression Of Women764 Words   |  4 PagesOppression of Women Oppression is when a person is controlled or subjected to unfair treatment by a person or group who they believe have authority. Those who are the oppressors have privilege and uses is to influence to keep themselves as dominant at any necessary cost. The oppressed groups are at disadvantage since they are deprived of benefits and rights. A successful life is not achieved by many. Women are oppressed every day in their household, because their race, religion, sexual preferenceRead MoreInternalized Oppression Reflection1141 Words   |  5 PagesInternalized Oppression Since I was a child, I always knew about social class, especially when my mother would use food stamps to purchase food at the store and the dirty looks we would get. Reflecting on my background and how I have put myself down over the year because I thought I was low class or didn t make enough money to go to certain restaurants really is something eye opening. I would oppress myself in so many ways, it was unbelievable, and it just isn t a problem that I alone am sufferingRead MoreOppression Of The United States868 Words   |  4 Pages In this course we learned about many different types of oppression, from the time America was first â€Å"discovered† and the discoverers began oppressing the Indians, to slavery, to the oppression of the mentally handicapped, all the way to more â€Å"modern† times in schools were students are being oppressed. When the Europeans and Spaniards first â€Å"discovered† North America all was well. The Indians at first were truly intrigued with the white man as the brought all sorts of new stuff to trade. MatterRead MoreThe Causes And Traits Of Oppression1614 Words   |  7 Pagesand traits of oppression in America. Dynamics such as the social, historical, and psychological systems that serve as vessels of oppression will be addressed. Using academic research, the goal for this essay will be to discuss the characteristics of oppression and how those characteristics are connected to its origin. The research will develop major themes that will serve to define agents, including classism, discrimination, and the intersectionality of different types of oppression. Discussions onRead MoreDealing with Oppression in Life856 Words   |  3 PagesOppression is a matter that many people have to face daily while others are unaware of its existence. The definition of oppression by the Webster Merr iam dictionary is the unjust or cruel act of authority or power. In other works is the unjustified mistreatment of a group of people by the majority in society. This is the type of treatment that many people faced when discriminated, many times the person is exposed to cruel treatment and abused based on their color, nationality, gender orientationRead MoreThe Interpretation Of Oppression By Marilyn Frye1592 Words   |  7 PagesThe Interpretation of Oppression Women and men are born equal. However, females are receiving unequal judgement and unfair treatment in the society, and thus Marilyn Frye brings up the notion of â€Å"oppression†, claiming that women are oppressed. Throughout the essay, I will first give the definition of Frye’s oppression and then list 5 critical qualifications to be considered oppressed. After that, I will explain my appreciation on Frye’s perspective on elaborating oppression using the â€Å"bird cage†Read MoreAnalysis Of The Article Simultaneity Of Oppression 1364 Words   |  6 PagesMidterm Response Discuss and critically analyze the â€Å"simultaneity of oppression† if one group is oppressed, can anybody be free? In the schematic hierarchy of race and sex, is the dominant group â€Å"free,† at the expense of the oppressed groups, or unfree, even if materially empowered? Does it make sense to argue that â€Å"white women† are freer, or less free, than â€Å"black men†? The concept of the â€Å"simultaneity of oppression† is relatively unknown, even within today’s modern society. While there are surelyRead MoreSandra Bartky On Psychological Oppression1575 Words   |  7 Pagesindividuals and society. However, they have failed to eliminate the barriers individuals and groups face even today. By oppression, I mean, a set of forces and obstacles that are systematically related to one another, that work to restrict and restraint, and as a result prevent one’s mobility (Frye 85). One theorist, Sandra Bartky, offered her ideas in On Psychological Oppression. She argued that one can be psychologically oppressed by their thoughts and lack of self-esteem due to institutionalizedRead MoreRacial Oppression And Racial Discrimination997 Words   |  4 Pagesto ignore it. Racial oppression is a direct consequence of a superior race. Racial oppression is the act of power that causes the state of being to feel heavily exploited. There are two types of racial oppression that are not commonly well known of, institutionalized and internalized. Institutionalized oppression is expressed when a group of people based on their race has a different chance of obtaining goods, services, and societal opportunities. Internalized racial oppression is multi-situational

We Have No Right For Happiness - 1167 Words

Gabriel Esparza English 300 Professor Marks March 8, 2016 We Have No Right To Happiness In C.S Lewis essay, â€Å" We Have No Right To Happiness, he argues that we the people within the world don’t have the right to happiness. In my right being who can accuse such a thing. Everyone has the right to be happy in my opinion. Perhaps look for instance even our Declaration of Independence says â€Å" We have the right to pursue happiness.† I find it somewhat fascinated and yet nothing has changed in our culture since such as author C.S Lewis has wrote this short essay. I truly believe that people know how to be happy and express it, but perhaps they just assume on having a good reason to not be satisfied with their daily lives. I nessaccly feel†¦show more content†¦Unlike C.S Lewis example of Mr. A deserting his wife and family, for Mrs. B as doing the same leaving her crippled veteran husband for Mr. A seeking a happier life, never did I picture my parents doing such a thing. As for personal life, my father sticked with my mother till the very as s he was diagnosed with cancer. Don’t intended to be a downer but isn’t true marriage till the end if im not wrong. Lewis quotes â€Å" When two people achieve lasting happiness, this is not solely because they are great lovers but because they are also I must put it crudely good people.† Having reading such a passage I consider my father â€Å"good people† sticking his morals and what s right, on not abandoning his family even as widow at end of it, as unlike C.S Lewis example of Mr. A who broke moral laws. But, again who am I too say, about marriage, as I never once was. Moreover a second reason, why I give inn on disagreeing are the mentions and ideas of â€Å"sexual impulses†. Lewis addresses his meaning to such happniess through sexaul impluse. He proclaims â€Å" happiness is really only sexual happiness†, in my right being what is he trying to say? Clare one’s character in Lewis essay, speaks on her behalf only using happiness when describing sexual happiness. Clare tends to speaks, in support of the desire of sex to encounter such happiness. Providing such statements â€Å"that not to promote alcoholismShow MoreRelatedEssay on Review We Have No Right to Happiness713 Words   |  3 PagesReview on We have No â€Å"Right to Happiness† By: C.S. Lewis In class we read three different essays including ‘The Dying family’ by J.H. Plumb,’ Does Fatherhood Make You Happy?’ By Daniel Gilbert, and ‘We Have No Right to Happiness’ by C.S. Lewis. Though the purpose of these essays can be very controversial to some, after reviewing all three essays I have picked my favorite, or the one I agree with and disagree with most. ‘We have no Right to Happiness’ makes a very good argument on the pointRead MoreAnalyzing CS Lewis We Have No Right to Happiness and Henrik Ibsens A Dolls House648 Words   |  3 Pages 1. In We have no Right to Happiness CS. Lewis claims that the right to happiness is chiefly claimed for the sexual impulse. Because Nora in Ibsens A Dolls House does not leave Torvald for another man, the principles upon which C.L. Lewis bases his essay are moot and do not apply. Lewis exhibits a disturbing amount of gender bias, sexism, and stereotyped assumption in his essay, but he might indeed understand that Torvald has emotionally and psychologically abused his wife throughout theirRead MoreHappiness Is A Feeling And A Choice995 Words   |  4 PagesHappiness is a feeling and a choice rather than a state of being. Happiness comes within us, we chose to be satisfied or not. People that are optimistic compared to others that are not, are happier and care free. When we are happy, it is considered a moment of perfection, of joyfulness. Happiness does not all come at once, nor does it stay, happiness comes one moment at a time. People usually say, â€Å"I’ll be happy whenâ € ¦.† Individuals are picking and choosing when to be happy. We are so fortunate toRead MoreThe Ones Who Walk Away From Omelas By Ursula Leguin1693 Words   |  7 Pagessociety in Omelas is able to ensure happiness and perfect lives while one child suffers. This is the price that they pay, seemingly unknowingly unless they are a certain age, to have a utopian society. When someone finds out about why they live in such bliss, they are left with a choice; stay in Omelas knowing that the child must suffer for their, and everyone’s, happiness, or, to leave Omelas unknowing of what their life might entail. Today, society shows ways that we truly fulfill the idea that WilliamRead MoreIs It The Right Thing For Me? Join The War After College?1064 Words   |  5 PagesIn life, we are constantly faced with situations and scenarios where we have to make choices. Deciding which choices we make is often times determined by what we deem as right and wrong. There are no clear-cut, black and white answers to these questions, so we have to take it upon ourselves to do our best to make the right choices. Imagine this, your country is heading to war, and you want to help serve your country against the terrorists attacking your home. So you go to school majoring in the enimesRead MoreUtilitarianism : Bentham And Mill766 Words   |  4 PagesUtilitarianism: Bentham VS. Mill Utilitarianism is a normative ethical theory that holds the morally right course of action in any given situation is the course of which yields the greatest balance of benefits over harms. More specifically, utilitarianism’s core idea is that the effects of an action determine whether actions are morally right or wrong. Created with philosophies of Jeremy Bentham (1748–1832) and John Stuart Mill (1806–1873), Utilitarianism began in England in the 19th Century. Read MoreActions and Their Labels of Either Right or Wrong Essay1204 Words   |  5 PagesActions and Their Labels of Either Right or Wrong In this academic essay there will be an in depth look at the words of Mill, in terms of actions and their labels of either right and wrong, and those connotations to happiness and, so to speak the reverse of happiness. There will be an attempt through various different channels, to illustrate the absurdity of utilitarianism, in the sense of its mere provisional assessment of promoting happiness. Furthermore this essay willRead MoreUtilitarianism : A Look At J.s1731 Words   |  7 Pagesconsequentialism and happiness. So in order to understand utilitarianism we must first understand what consequentialism is, and then understand how happiness is related. Consequentialism is a philosophical view in which morality means to produce the right kind of consequences. This could lead one to ask what the right kinds of consequences are. Since utilitarianism is based on consequentialism, and consequentialism is based on morality, we would look at morality to define the right kind of consequencesRead MoreUtilitarianism Vs. Mill Utilitarianism1004 Words   |  5 Pagesanism: Bentham VS. Mill Utilitarianism is a normative ethical theory that holds the morally right course of action in any given situation is the course of which yields the greatest balance of benefits over harms. More specifically, utilitarianism’s core idea is that the effects of an action determine whether actions are morally right or wrong. Created with the philosophies of Jeremy Bentham (1748–1832) and John Stuart Mill (1806–1873), Utilitarianism began in England in the 19th Century. BenthamRead MoreIs Happiness the Purpose of Life?1317 Words   |  5 Pagesâ€Å"We’re not happy and we can’t be happy; we only want happiness.† So, what’s the purpose of life? Is it to be happy? Everyone has that desire, to have happiness. We even base our decision we by how it will affect our happiness. In our life we experience happiness and unhappiness, but we are oblivious as to what happiness is. What comes to mind when thinking of happiness? Is it pleasure, the tho ught of the good life, prosperity, or is it something else? We won’t be able to have a response to that question

Illusions of Reality Essay - 1341 Words

The Illusions of Reality The only thing in my life that I can be positive about is change. Everything changes, from the moment we’re born to the moment we die. Reality has many twist and turns, and our perception of reality is what shapes us to become who we are. Our life is spent on deciphering the difference between reality and not reality. This is hard to define because reality is unique to each individual. Our environment and the people we are around shape our perception of what is real. Reality is our grip of what is true and false, right and wrong, what is real and what is not. So reality can be distorted by our belief in it. We can sincerely believe something is right, but be sincerely wrong. nbsp;nbsp;nbsp;nbsp;nbsp;The†¦show more content†¦I got the worst spanking I have ever got in my life, but I really thought that my mom had abandoned me forever. I was terrifically frightened of being alone, and the thought of the people I loved and who took care of me leaving me was even scarier. My parents had never threatened to leave me; they never abused me, so why did I not trust her enough to know that she would come back? My perception of the world at that moment was that I was deserted and lonely. My mother had influenced and shaped my reality into me believing she wouldn’t come back for me. That moment in my life showed my mother that I didn’t trust her, and that hurt her feelings. I couldn’t change the way I felt, so she had to accept that. nbsp;nbsp;nbsp;nbsp;nbsp;Reality is an idea. It is something that man invented like intelligence or love. Reality is our perception of where we are in our lives at that moment. That concludes that our perception of reality is subject to change, for our lives change. Some people like to take drugs to distort their experience of life. These drugs bring on a euphoric state of mind that most people believe is true reality. Many drugs are addicting, but that isn’t the reason why people take them. They are merely addicted to the effects drugs play on their brain. They get caught in a circle of depression, addiction, and drugs. These people create their own world through the physical and emotionalShow MoreRelatedReality and Illusion4098 Words   |  17 PagesReality versus Illusion Texts: Life of Pi King Lear Heavenly Creatures Blade Runner Pans Labyrinth Research Questions: 1. How does each character’s situation influence their perception or ideas of reality versus illusion? 2. What are the similarities and differences between the main character’s situation in each text? 3. What insights relating to reality and illusion can be gained from each text? Resources: Title: Life of Pi Author: Yann Martel Question 1: Pi survives his ordealRead MoreReality and Illusion1812 Words   |  7 Pages Postmodern literature draws attention to its status as fictional to break down barriers between reality and illusion. The boundaries between ‘real’ and ‘fake’ are no longer clear, because identity is socially constructed. In White Noise and Nights at the Circus, characters such as Sophie Fevvers and Jack Gladney have fabricated personas, and they exaggerate these roles so that their audiences cannot tell the difference between what the characters perform and their ‘true’ nature. There are manyRead MoreIllusions and Distortion of Reality1164 Words   |  5 PagesGeorge and Martha’s entire relationship is based on illusions and the distortion of reality. The author of the play once claimed that the play as a whole asks the question, â€Å"who’s afraid of living a life without illusion?† At the beginning of the play, Who’s Afraid of Virginia Woolf by Edward Albee, George tells Martha not to â€Å"bring up their sonâ₠¬  to the guests and is very mysterious when their guest, Nick, asks George whether he has any children. Martha violates her promise of secrecy when she discussesRead MoreReality Is Merely An Illusion1480 Words   |  6 Pagesâ€Å"Reality is merely an illusion.† This quote by Albert Einstein has been widely perpetuated and in many cases dismissed as nonsensical speculation; however, very few realize just how accurate this statement is. Reality is not nearly as tangible as most have come to believe; rather, it is a fabrication that exists solely within any one person’s mind. What is labeled as reality is merely an interpretation of data that already surrounds us and is taken in by sensory receptors. The brain and body takeRead MoreThe Line Separating Reality And The Illusion Of Reality1171 Words   |  5 PagesThe line separating reality and the illusion of reality is a blur. The line separating the narrator’s self-aware expression and his story telling is a blur. The line separating Ambrose and the narrator is a blur. All of this may blur understanding. It is clear, however, that these blurs exist because of the â€Å"funhouse†. A funhouse, Lost in the funhouse, in which exist other funhouses. Various funhouses exist in the story and in the writing. For this reason, the title Lost in the funhouse is very significantRead More Reality and Illusion in Richard Bach’s Illusions Essay1077 Words   |  5 PagesQuestioning Reality in Richard Bach’s Illusions The message of Richard Bach’s Illusions is based on the concept that the things we interpret in the world as reality are actually illusions. This is made evident to one of the main characters, Richard, through his interactions with his newly found friend, Donald Shimoda. Donald Shimoda is a â€Å"messiah†, and he has gifts that he uses to help mankind. A quote that Richard reads is â€Å"Here is a test to find whether your mission on earth is finished:Read MoreIllusion Vs Reality – The Causticity of Illusion Essay1903 Words   |  8 PagesReality is the state of the world of how it really is, whereas an illusion is erroneous interpretation of reality. Illusions often derail people from their sanity, as they cause them to inadvertently live lives in accordance to false beliefs. As a result, the outcomes for these people, and the people around them, are often atrocious. The theme of illusion versus reality is excessively demonstrated in Macbeth, a play writ ten by William Shakespeare, and also in The Crucible, a play written by ArthurRead MoreThe Portrayal Of Illusion Vs. Reality1718 Words   |  7 PagesEnglish P4 6 December 2015 The Portrayal of Illusion VS. Reality in A Streetcar Named Desire Have you ever submerged yourself into a word of illusion to escape from the cold hearted reality of the world? This theme of escaping from reality and into illusions is explored throughout the play, A Streetcar Named Desire by Tennessee Williams. What exactly is the difference between illusion and reality? An illusion is a deceptive idea or belief whereas reality is the actual state in which the world actuallyRead MoreEssay about Reality or Illusion955 Words   |  4 Pages The Matrix, and Plato’s Republic, â€Å"On Shadows and Realities,?reality and illusion are one in the same. The Wachowski brothers allows the viewer to see how reality and illusion can be mistaken for the other, using a number of contrasting ideas found in Platos analogy of the Cave, showing that at times the dream world can be safer than real life. The matrix is a simulation that creates an imaginary world where people are prisoners from reality, much like Platos mythological The Cave. The cave holdsRead MoreHamlet: Illusion vs. Reality1982 Words   |  8 PagesIllusion Versus Reality In Shakespeare’s famous tragedy Hamlet there is a dominant and overwhelming theme that is amplified throughout the entire play. Things are not always what they seem. Many of Shakespeare’s most complex characters hide behind multiple masks of lies and deceit. The American Heritage Student Dictionary defines illusion as â€Å"an unreal or misleading appearance or image† and reality as â€Å"the state of things as they actually exist†. The focus of this essay is the struggle between

Disclosure Of Good Will Impairment Under †Myassignmenthelp.Com

Question: Discuss About The Disclosure Of Good Will Impairment Under? Answer: Introducation One of the key accounting principles asserts the fact that there is no such requirement of assets, which have excessive valuations in the financial position statement. This in turn needs the requiring of several concepts of values with respect to which the amount, which is carried by the asset, can be contrasted in order to see if there is surplus. The Paragraph 1 of AASB 136 asserts that the impairment in the assets discusses about the methods, which are adopted by every enterprise in order to ensure that the assets are being carried out at right amounts, which do not exceed the level of the amounts, which are recoverable. The paragraph also asserts that in case the assets are carried over that of the amount, which is recoverable, the amount recoverable through selling of the assets is lower than that of the amount carried by the asset. The asset, in such scenarios, can be considered to be impaired and the standard requires the enterprise to realize the losses from impairment includ ing the time of the impairment loss and that of the disclosures which are essential (Legislation.gov.au 2017). If for an asset the carrying value exceeds that of the recoverable value then the impairment loss occurs. This in turn is higher of assets fair value minus the selling costs and the value, which is in use. Taking reference of the Paragraph 59 of AASB 136, if the recoverable value of an asset is less than the carrying value of the same, then the latter needs to be minimized to that of its former. This kind of minimization is considered as impairment loss. The technique of measuring the impairment loss may differ based on the fact whether the asset is recorded at the cost level or pursues the revaluation model (Tricker and Tricker 2015). According to the same paragraph, the impairment losses need to be immediately realized, except when the carrying of an asset is being made at the amount, which is re-valued, and comply to some other standard. These standards help in denoting the revaluation model as it is in AASB 116. Therefore, the impairment loss, which is related to that of an asset which is re-valued, required to be considered as a decrease in the revaluation according to other standard (Amiraslani, Iatridis and Pope 2013). The two methods with the help of which impairment of assets can take place are the revaluation model and the cost model. According to the Paragraph 61 of AASB 136, in case of the cost model, when an impaired asset is recorded in terms of cost, the loss needs to be recognized immediately in profit or loss terms. This in turn implies that the loss is required to be recognized as expense in the statement of income for the concerned organization (Cotter 2012). In accordance to that of the Paragraph 60 of AASB 136, when the revaluation model is taken into consideration, then while an impairment is carried out, like that of plant, property and that of equipment, at the re-valued amount, then the impairment loss needs to be treated similar to that of a decrease in the revaluation. For the purpose of reiteration, the impairment loss on the re-valued assets is needed to be realized in the statement of income in the first stage in order to ensure that it does not exceed the surplus amount for the similar asset. The target can be achieved with the help of debiting of the leftover surplus account, which in turn is applicable to assets including that of the tax liability, which is deferred, before any kind of loss balance is considered as expenses in the statement of income (Guthrie and Pang 2013). It might happen in some cases that the past written recoverable value of the amount of an asset exceeds the same assets carrying value. As stated by the Paragraph 110 of AASB 136, it is the need of an enterprise to look for the signs of whether an impairment loss in the past for any asset, except that of goodwill, has decreased or became non-existent. As can be derived from the Paragraph 111 of AASB 136, there are needs of several external as well as internal signs for impairment loss reversal. The signs are inclusive of substantial increase in the assets market value, fall in the overall rate of interest in the market, dynamics with favorable implications for that of the organization, positive changes with regards to utilization of assets and signs showing better performance of the same in economic terms, in the contrary of the speculations (Kuzmina, and Kozlovska 2012). Two models, including the cost model as well as the revaluation model, can do the impairment loss reversal. When the cost model is taken into account, the reversal cannot be seen to increase the carrying value of the asset over the depreciated value of the same. In this context, it is to be taken into account that the concerned asset is subjected to the policy of the actual depreciation. In this case, the impairment loss for the asset can be realized in the form of an income item in the statement of income of the concerned enterprise as is stated in the Paragraph 119 of AASB 136 (Guthrie and Pang 2013). For example, an impairment loss for machinery of amount $13,000 is recorded at June 30, 2014. The carrying value of the asset at June 30, 2016, is assumed to be $11,333. This is inclusive of $50,000 cost minus the accumulated depreciation of $25,667 and the accumulated impairment loss of $13,000. The value recoverable is $18,000. There is 10% actual rate of depreciation annually for 6 years. The carrying value in this scenario is supposed to be $20,000. The recoverable value not surpassing the carrying value, the impairment loss realized previously of $6,667 can get reversed in order to restate the carrying value at $18,000. This in turn will raise the initial carrying value. The accumulated loss from impairment, in this scenario, will be debited and the reversal will be credited with $6,667. In the revaluation model, if the impairment loss is taken to be an expense and it is recorded in the statement of income, the reversal will be done by credit of income amount. For example, equipment has $90,000 carrying amount, with $100,000 in account and as depreciation an amount of $10,000. $30,000 of revaluation decrements can be seen to have been realized while previous impairment loss recording. The losses in their turn have minimized the balance of the revaluation surplus and deferred liability of tax account. The recoverable amount of the same is $1110,000 and so for reversal recording of $20,000, the loss of impairment previously, the accumulated depreciation and equipment accounts needs to be debited and has $10,000 balances each. Accounts of revaluation surplus and deferred liability of tax will also be credited and will have $14,000 and $6,000 respectively. Therefore, in the coming periods, there is need of adjustments of the depreciations for the apportionment of the carrying amount (revised) less the residual values in a systematic manner for the remaining useful life (Laing and Perrin 2014). Particulars Amount (in $) Assets' carrying amount (A) 136,000 Value in use of the division (B) 121,000 Fair value of the assets ( C) 87,360 Actual or real asset values (D) [Greater of (B) and (C)] 121,000 Loss from Impairment (E) (A) - (D)] 15,000 Goodwill on acquisition of competing organisations (F) - Impairment loss from subtraction of goodwill (E) - (F) 15,000 Apportionment of Impairment Loss Particulars Amount (in $) Percentage Impairment (in $) Patent 91,000 67% 10,037 Equipment 21,000 15% 2,316 Fittings 13,000 10% 1,434 Inventory 6,000 4% 662 Goodwill 5,000 4% 551 Total Amount of Assets 136,000 100% 15,000 References AASB, C.A.S., 2014. Business Combinations.Disclosure,66, p.77. Amiraslani, H., Iatridis, G.E. and Pope, P.F., 2013.Accounting for asset impairment: a test for IFRS compliance across Europe. Centre for Financial Analysis and Reporting Research (CeFARR). Cotter, D., 2012.Advanced financial reporting: A complete guide to IFRS. Financial Times/Prentice Hall. Guthrie, J. and Pang, T.T., 2013. Disclosure of Goodwill Impairment under AASB 136 from 20052010.Australian Accounting Review,23(3), pp.216-231. Kuzmina, I. and Kozlovska, I., 2012. ACCOUNTING MEASUREMENT OF LONG-LIVED ASSETS: A CASE OF IMPAIRMENT PRACTICE.Journal of Business Management, (5). Laing, G.K. and Perrin, R.W., 2014. Deconstructing an accounting paradigm shift: AASB 116 non-current asset measurement models.International Journal of Critical Accounting,6(5-6), pp.509-519. Legislation.gov.au. (2017).AASB 136 - management of Assets - August 2015. [online] Available at: https://www.legislation.gov.au/Details/F2017C00297/Download [Accessed 13 May 2017]. Tricker, R.B. and Tricker, R.I., 2015.Corporate governance: Principles, policies, and practices. Oxford University Press, USA.