Facts on Mass Shootings in the US

On Oct. 1, 2017, the Las Vegas Strip became the site of the deadliest mass shooting in American history. A shooter killed 59 people and injured 515, bringing the victim total to 574. Mass shootings in the United States are getting worse, statistics show. Heres a look at the history of mass shootings to explain the historical and contemporary trends. Definition A mass shooting is defined by the FBI as a public attack, distinct from gun crimes that happen within private homes, even when those crimes involve multiple victims, and from drug- or gang-related shootings. Historically, through 2012, a mass shooting was considered a shooting in which four or more people (excluding the shooter or shooters) were shot. In 2013, a new federal law reduced the figure to three or more. Frequency Increasing Every time a mass shooting occurs, a debate is spurred in the media about whether such shootings are happening more often. The debate is fueled by a misunderstanding of what mass shootings are. Some criminologists argue that they are not on the rise because they count them among all gun crime, a relatively stable figure year-over-year. However, considering mass shootings as defined by the FBI, the disturbing truth is that they are rising and have increased sharply since 2011. Analyzing data compiled by the Stanford Geospatial Center, sociologists Tristan Bridges and Tara Leigh Tober found that  mass shootings have progressively become more common since the 1960s. Through the late 1980s, there were no more than five mass shooting per year. Through the 1990s and 2000s, the rate fluctuated and occasionally climbed as high as 10 per year. Since 2011, the rate has skyrocketed, climbing first into the teens then peaking at 473 in 2016, with the year 2018 ending at a total of 323 mass shootings in the United States. Number of Victims Rising Data from the Stanford Geospatial Center, analyzed by Bridges and Tober, shows that the number of victims is rising along with the frequency of mass shootings. The figures for deaths and injuries climbed from below 20 in the early 1980s to spike sporadically through the 1990s to 40 and 50-plus and reach regular shootings of more than 40 victims through the late 2000s and 2010s. Since the late 2000s, there have been 80-plus to 100 deaths and injuries in some mass shootings. Most Weapons Legally Obtained Mother Jones  reports  that of the mass shootings committed since 1982, 75 percent of the weapons used were obtained legally. Among those used,  assault weapons and semi-automatic handguns with high-capacity magazines  were common. Half of the weapons used in these crimes were semi-automatic handguns, while the rest were rifles, revolvers, and shotguns. Data on weapons used, compiled by the FBI, show that if the failed Assault Weapons Ban of 2013 had been passed, the sale of 48 of these guns for civilian purposes would have been illegal. Uniquely American Problem Another debate that crops up following a mass shooting is whether the United States is exceptional for the frequency at which mass shootings occur within its borders. Those who claim that it does not often point to Organization for Economic Co-operation and Development (OECD) data which measure mass shootings per capita based on a countrys total population. Looked at this way, the data indicate that the U.S. ranks behind nations including Finland, Norway, and Switzerland. But these data are based on populations so small and events so infrequent that they are statistically invalid. Mathematician Charles Petzold explains on his blog why this is so, from a statistical standpoint, and further explains how the data can be useful. Instead of comparing the United States to other OECD nations, which have much smaller populations and most of which have had just one to three mass shootings in recent history, compare the U.S. to all other OECD nations combined. Doing so equalizes the scale of population and allows for a statistically valid comparison. This comparison indicates that the United States has a mass shooting rate of 0.121 per million people, while all other OECD countries combined have a rate of just 0.025 per million people (with a combined population three times that of the United States.) This means that the rate of mass shootings per capita in the U.S. is nearly five times that in all other OECD nations. This disparity is not surprising given that  Americans own nearly half of all civilian guns in the world. Shooters Nearly Always Men Bridges and Tober found that of the mass shootings that have occurred since 1966, nearly all were committed by men. Just five of those incidents—2.3 percent—involved a lone woman shooter. That means men were the perpetrators in nearly 98 percent of mass shootings. Domestic Violence Connection Between 2009 and 2015, 57 percent of mass shootings overlapped with domestic violence, in that the victims included a spouse, former spouse, or another family member of the perpetrator, according to an analysis of FBI data conducted by Everytown for Gun Safety. Additionally, nearly 20 percent of attackers had been charged with domestic violence.   Assault Weapons Ban The Federal Assault Weapons Ban that was in effect between 1994 and 2004 outlawed the manufacture for civilian use of some semi-automatic firearms and large capacity magazines. It was prompted into action after 34 children and a teacher were shot in a schoolyard in Stockton, California, with a semi-automatic AK-47 rifle in 1989 and by the shooting of 14 people in 1993 in a San Francisco office building, in which the shooter used semi-automatic handguns equipped with a hellfire trigger, which makes a semi-automatic firearm fire at a rate approaching that of a fully automatic firearm. A study by The Brady Center to Prevent Gun Violence published in 2004 found that in the five years before the bans implementation, assault weapons it outlawed accounted for nearly 5 percent of gun crime. During its period of enactment, that figure fell to 1.6 percent. Data compiled by the Harvard School of Public Health and presented as a timeline of mass shootings show that mass shootings have occurred with much greater frequency since the ban was lifted in 2004, and the victim count has risen sharply. Semi-automatic and high-capacity firearms are the weapons of choice for those who perpetrate mass shootings. As  Mother Jones  reports, more than half of all mass shooters possessed high-capacity magazines, assault weapons, or both. According to this data, a third of the weapons used in mass shootings since 1982 would have been outlawed by the failed Assault Weapons Ban of 2013.

Why The Black Table Still Exists Essay - 543 Words

In â€Å"The â€Å"Black Table† Is Still There† the author wonders why, after so many years there is a table with just only black kids. I think it is clear that we tend to separate ourselves. It is only natural that this still exists amongst society today. Even though we don’t realize it and it’s done unintentionally. There are a few factors why we segregate ourselves. One reason is that without recognizing it we stay with people from our own race and country. This is because we feel we share the same interest and have so much in common. This goes on every day without people knowing it. It happens in our schools and in our neighborhoods. There are some communities that are divided into same ethnicity. We feel that just because we†¦show more content†¦The kids on a sports team or some after school activities tend to stick together. There reason again is quite clear, they all are apart of something, they all share a common interest. Graham also realize that this was not only with just the black kids, but with everyone else too: â€Å"there were at least two tables of athletes, an Italian table, a Jewish girls’ table, a Jewish boys’ table (where I usually sat), a table of kids who wee into heavy metal music and smoking pot, a table of middle-class Irish kids† (367). Many people considered this as very bad thing, and I can see the effects of why it can be. One obvious reason is that we will most likely seclude ourselves to someone who is of different background. This has become apart of society for a long time now, as Graham states: â€Å"The black lunch table, like those other segregated tables, is a comment on the superficial inroads that integration has made in society† (368). Another reason is that most people can not adapt to something new or different very well or fast. If they are not use to something they find it hard to adjust to it they tend to fear it. In Graham stor y he relates to this by saying: â€Å"Maybe it’s the color difference that makes all-black table or all-black groups attract the scrutiny and wrath of so many people. It scares and angers people; it exasperates† (367). People feel out of place and awkward because they are not familiar with certain groups of people. So as youShow MoreRelatedAfrican American Poems : The Poetry Of Langston Hughes934 Words   |  4 Pagesunacceptance and inequality of African Americans. He eats in the kitchen instead of the table is showing segregation because of his darker skin. This shows that they are not accepting him being Black. He does not let it discourages him, so he grows strong by having faith. He knows that one day, America will accept his dark skin and equality will soon be in effect, which he implied by the line, â€Å"Tomorrow, / I’ll be at the table† (Hughes 8-9). 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The overall structure of King’s letter was well organized and the letter delivered valid explanations as to why the clergymenRead MoreModern Racism And The Middle Class Essay1565 Words   |  7 Pagesracism exist within today’s society in various ways, one which happen to be within the economy. For decades the economy has has its downfalls, however, it’s been facing a issue that it has been hiding from the rest of the nation. The gap that everyone has been speaking of is only becoming more of issue, however, what many do not know is that African American’s are the ones who are feeling it the most. Given their history and place in society racial inequality. Modern racism has kept many blacks from

School Uniforms Free Essays

â€Å"School uniforms are one step that may help the cycle of violence, truancy and disorder by helping young students understand what really counts is what kind of people they are. † This quote was made by former president Bill Clinton. In the article ‘Should kids wear school uniforms? ’, talks about how school uniforms can benefit students and how some think school uniforms are irrelevant. We will write a custom essay sample on School Uniforms or any similar topic only for you Order Now There are many benefits of wearing school uniforms; they increase students’ self-esteem, improve discipline, and save families time and money. School uniforms can increase a student’s self-esteem, which veers attention upon learning and away from such distractions as fashion competition and gang intimidation. With a student having confidence of what they are wearing improves behavior and increases school attendance. It is also more economical and convenient way to avoid discrimination and teasing within the school for who dress better or worse. A child who is not able to use higher-quality clothing will not feel different or inferior to others. The uniform, as the name says, unifying models and styles and can even encourage self-esteem and help everyone feel equal. Dress affects attitude and behavior. Children generally act the way they are dressed. Children with uniforms come to school to work. School is then seen as a workplace for teaching and learning. It is not seen as a battleground, playground, or fashion stage. On the other hand, some argue and say it violates the right to freedom of expression and does not create diversity. Uniforms restrict learners are that â€Å"without the outlet of expression in their clothes, students may turn to inappropriate hair styles, jewelry, or makeup† (Public School Uniforms). So by restricting students of their clothing choice, they will still find a way to show their personality in their hair, jewelry, and hairstyles. Although a uniform can get boring with the same clothes and same color every day, uniforms have proven to lower hostility in many schools. Uniforms have reduced tardiness, skipped classes, suspensions, and discipline referrals. According to the Public School Review, in the Long Beach school district within one year of launching uniforms, fights and muggings had seriously dwindled by fifty percent. While committed sexual offenses were massively diminished as well by a vast seventy-four percent. Uniforms reduce violence is that if an outsider were to enter a school, the intruder would be spotted immediately, as teachers and police would arrive to dispose of the stranger that might be a harm to the students. One may argue and say school uniforms merely put a Band-Aid on the problem of school violence and fail to address the real issues behind it. Also, it won’t matter what you are wearing, people are still going to be judged and bullied. Most bullies believe they can have power over a weaker, smaller, younger, and less confident person. Bullies will be there regardless of fashion. School uniforms are a bargain. They are becoming far less expensive than many other clothes. Schools argue that school uniforms are economical, especially compared to designer clothing, and parents agree given school uniform durability. Some say school uniforms last longer because they are made for repeated wash and wear. Many schools capitalize on this by starting used school uniform stores or swap meets. Parents can get used school uniforms at discount prices, or just use them as hand-me-downs between siblings. Many will argue with this. Some will say that uniforms can cost more than regular, everyday clothing. Also, uniforms can be uncomfortable to wear outside of school. Meaning, parents have to buy separate clothes for outside of school. By having to buy two different wardrobes costs families more money and time. All in all, while children believe that the school is trying to control their freedom of speech by enforcing uniforms, a school is not a fashion show. It is there to educate children and help them get into a college and a worthwhile future career. How to cite School Uniforms, Essay examples School Uniforms Free Essays Why School Uniforms? School uniforms are widely used in public schools. Despite disagreements among parents, students, and the school districts, school officials cite many reasons for students to wear school uniforms. Those reasons usually include the following: the uniforms are cheaper for parents, students wearing the same clothes decreases school fights, and students can receive a better education in the secure environment uniforms creates. We will write a custom essay sample on School Uniforms or any similar topic only for you Order Now Some students and parents disagree because wearing uniforms is not pleasing to them and does not alleviate traditional school problems.It makes students depressed because they cannot express themselves, they are forced to look like others, and it takes the fun out of school. What really happens when students are all dressed the same? Students’ creativity is hindered, and they are unable to show their individuality. Students should be able to express themselves through their clothes and not be forced to wear uniforms. Clothes are an expression of a student’s personality. By suppressing their opportunity to show their unique personalities, schools are teaching that uniformity is more valuable than individuality. School uniforms send a clear early-life message to students that conformity is important and creativity is not† (youdebate. com). Geeks, for example, might express themselves by wearing thick glasses, suspenders and long socks. On the other hand, outgoing students might wear vibrant colors and outlandish fashion. Then, there are shy children, who might choose to wear long clothing and mostly black. These are just a few examples of students dressing according to certain categories with which they might identify themselves.The possibilities of individually expressing oneself through clothes are infinite. However, uniforms stifle these possibilities; they keep students from expressing their personality. Uniforms also can cause an undo financial burden. Parents have to buy uniforms for when students are in school and street clothes for when they are not. Angelfire. com says uniforms ultimately cost more. Students change into street clothes after school, and they wear them on weekends. During summer months, students will revert to traditional street clothes. Additionally, students will prefer designer street clothes when not in school. Therefore, parents purchase two sets of clothing, and many families cannot afford this. It is cheaper for the parents to buy only regular street clothes. Despite claims uniforms are worth a little extra money to eliminate issues such as bullying and social cliques, putting children in uniforms does not resolve social issues in school. It only treats the symptoms. â€Å"Cliques will still form,† and students will still make judgments on each other based on hair styles, height, weight, and odor (www. angelfire. com).The only true way to resolve such problems is to teach tolerance and appreciation of diversity. Instead of forcing students to wear uniforms, educators should teach students how to respect and accept each other, despite their differences in body type, fashion, hair style, color, or any other thing that might otherwise divide the student body. This would bring an end to many social problems that develop in schools and also make students more productive members of society when they finish school. While schools hail uniforms as making school safer, it could cause a safety problem in the event of a security breech.In an event of an emergency, it will be hard to identify a certain student because they will all be dressed the same. Randy from youdebate. com states the following: â€Å"I am totally against school uniforms! One reason, of many, is safety of the students. For example: During a natural disaster (God Forbid) Earthquake, Tornado, etc,†¦ How would a parent i. d. their child? By the clothes that they are wearing, when they left home. What if a senior decided to attack a 9th or 10th grade student. How would the victim describe the attacker? Let’s see, Khaki Pants- Navy Blue Shirt- Brown Shoes. You get the picture. This was, is and will ALWAYS BE A VERY BAD idea. † No school can prevent 100 percent of security breeches. â€Å"It is impossible to prevent all outside intrusion† (angelfire. com). However, uniforms can make it easier for outsiders to enter a school campus. If an outsider is dressed in the traditional school uniform, teachers and administrators might overlook them as a member of the student body. Uniforms are touted as a solution to security problems when they actually can add to the problem. Schools have no valid reasons to put students in uniforms, and commonly cited reasons for uniforms are invalid.While proponents of uniforms argue they resolve social problems, they can contribute to social problems in that they take away students’ ability to express their individuality through clothing. Encouraging such conformity over individuality during school years is a mistake. Also, parents have to shoulder the financial burden of buying uniforms in addition to street clothes, which they will also have to purchase. School districts may tout uniforms as a safer alternative to students wearing street clothes, but the uniformity can make it easier for outsiders to infiltrate the school and also can cause confusion in the event of an emergency.School districts present an impressive argument for school uniforms, saying they can decrease bullying, save parents money and heighten security. However, when the facts are considered, these arguments do not hold true. Preserving parents’ pocket books and students’ right to self expression by allowing them to wear street clothes to school and teaching tolerance are a much better alternative to the conformity and expense of school uniforms.Works Cited â€Å"School Uniform Debate and Poll. † 7 Sept 2010. www. youdebate. com. WEB. â€Å"Arguments about Uniforms. † 7 Sept 2010. www. angelfire. com . WEB. How to cite School Uniforms, Papers School Uniforms Free Essays Is it better to let things continue in their horrible condition or change them for the better? The issue of school uniforms has been argued for decades with many different ideas and no final conclusion. However, school uniforms would reduce some major problems such as the school district’s budget problem, school bullying, and gang-related violence. The addition of school uniforms would benefit the school of San Jacinto High School. We will write a custom essay sample on School Uniforms or any similar topic only for you Order Now California’s bad economy affects the school district and everyone in it. Hundreds of dollars are wasted, when parents and students buy school clothes, it would be better to buy more affordable school uniform. Many people fall deeply into debt because they overspend on clothes, but if school uniforms were made available, that problem would be eliminated. The uniforms could also be passed down from sibling to sibling if needed. Right now, the school is not even able to give teachers enough paper, it would benefit them to sell school uniforms to make some money. So why not just make school uniforms mandatory and save tons of money? Another problem that school uniforms would eliminate is bullying based on appearance. Every day someone is discriminated due to what clothes they wear. Some people can afford to spend money on nice clothes and some cannot, but people should not be harassed for it. Everyone wearing the same clothes would promote equality, something that schools desperately need at the moment. With fashion out of the way students could better concentrate on their studies. While school uniforms may reduce individuality, in the long run it would benefit those on the receiving end of bullying. Perhaps the best outcomes school uniforms would create is that of gang violence. Gangs usually identify themselves and other gangs by what they wear. However, if everyone happened to be wearing the same thing, it would be harder for gang fights to take place. In 1994, California’s Long Beach Unified School District started requiring the use of school uniforms. In the following decade, gang violence and school crime in that area had dramatically reduced by 76%. To cap it all school attendance had even reached its highest point. More schools should follow their example and end school crime. The school district is now one step away from greatly improving school life for everyone. All in all school uniforms would greatly benefit the school district and everyone in it. Saving money, stopping bullying, and getting rid of gang violence and inappropriate clothing are definitely things the school needs right now. So don’t just stand there, make your voices heard and support school uniforms! How to cite School Uniforms, Papers

Issues in Revenue Recognition Accounting Principles

Question: Discuss about theIssues in Revenue Recognition for Accounting Principles. Answer: Introduction This paper aims at providing exhaustive analysis on the current issues affecting revenue recognition. It looks at the factors relevant for policy selection and the importance of following accounting principles in accounting policy selection. Factors influencing accounting policy selection in connection with Slater and Gordons decision to have early adoption of new revenue standards To select accounting policy, firms must consider accounting standards and principles defined by various bodies in line with Accounting. According to Accounting Professional and Ethical Standards (APES), an entity is required to follow the defined standards of accounting practices to identify a right accounting policy. Apart from the standards and principles, a firm should have guidance on how to implement a selected policy. The factors and principles for consideration are; The consistency of the policy. A firm should verify on the police selected whether it withstand the test of consistency in application over similar transactions. In case the policy fails to portray similarity of operation in a similar transaction, it is termed not appropriate for implementation (APES 110). A good accounting policy should not change its reaction on similar transactions in a firm. However, in the case of change, there should be an elaborative reason of the need for the change. Ability to recognize revenue collected. A policy should follow the revenue recognition procedure defined by International Financial Reporting Standards (IFRS) which requires a firm to record a revenue after it has been earned. A Firm should not involve in practices of recording revenues before being earned. Or recording can also happen when there is a high probability of earning revenue. Ability to recognize gain and loss. A policy should recognize gains and losses realized by a firm at the end of the operation. Gains are recorded after they have been realized while losses are recorded once identified. A good policy should comply with the principle. This helps to avoid confusions arising on records that are not well organized on the gains and losses encountered in an entity. Cost principle. This is applicable where there is a transaction between or among parties. While selecting a policy, cost concept should be considered to comply with the set expectations of accounting bodies. The principle of matching. The principle defines the need to record expenditure once realized in operation. It entails recording on time the costs incurred to help in revenue calculation. Good policy does provide appropriateness of applying the matching principle to facilitate firms ability to accrue revenue. Disclosure principle. Accounting policy should entail a disclosure policy defining an effectiveness of disclosing entity status regarding liabilities, assets and other particulars important to users of financial statement (EY 2015). It too should provide a stable guidance on how changes to be done on a policy implemented by an entity. Strong and convincing disclosure needs are to be catered for in the policy. While selecting a policy, a disclosure policy should follow the trends dictated by IFRS and AASB. Disclosure policy has to accommodate clarity of materiality needs, appropriate guidance on the use of the accounting policies and flexible ways to present orders by an entity. Based on this principle, a firm should provide an elaborative explanation behind the change of a policy if the need arises to change policy. Having an insight concern on Slater and Gordons case on the revenue recognition, it looks appropriate for them to record revenue as cases progressed. They had challenges in recording revenues due to challenges in a time of payment, a situation that could not go tally with the disclosure policy. The disclosure principle and revenue recognition principle demanded the firm only to record revenue after it has been realized thus there existed need to change the policy (EY 2015). To be competitive and adaptive in the market regarding the accounting operation requirements, the firm sort for work in progress method to record its revenue. This allowed them to project their income collection before payment is realized (Savage et al. 2013). However, the method had different computation compared to a method of recording that considers only realized and revenues with high probability to accrue. In the process of trying to deal with revenue recognition criteria like other firms, they came in compliance with the new revenue standards of IFRS 15 though of a slightly different condition (EY 2015). The cause of sharp drop in the firms revenue in 2015 in connection with new revenue standards IFRS 15 Before 2015, the firm has been in growth over revenue collection per year. This is overestimated due to the following reasons; The inclusion of unpaid revenue. The firm considered all revenues to be paid in the books of account as revenues are collected. This inflated the revenue collection regardless of the payments that were not met after their periods of promise. Double counting problem. Among the cases solve by this law firm were to get paid in the span between 18 months to 2 years. However, the books of accounts are always prepared at the end of a year (Elliot and Elliot 2007). Therefore, due to unreliable dates of payment, though already recorded as revenue collected, they end up re-recording some revenue collections with no notice. This is a behavior that contributed to a large percentage of the drastic changes in the rate of revenue collection noted in 2015. Overestimation of figures. The firms interest in having control over market shares and control of small law firms motivated the need to overestimate the work in progress value. The firms included revenue not yet collected in their final books of accounts and went further to illustrate a higher sum of revenue collected with no clear accounting concepts (Wagenhofer 2014). Therefore, following appropriate accounting guidelines on the records done within the period operation, the research group realized a lot of gaps in the firms accounting techniques. Blocking the gaps necessitude this drastic drop. Implementation of a new revenue recognition policy (IFRS 15). A new revenue standards by IFRS contributed largely to the sharp drop in firms revenue collection levels. This is true as per the definition of a new revenue recognition policy which required a firm only to record revenues already collected or those with a higher possibility of being collected. Comparing the scenario with the latter, a sharp reduction was appropriately registered (Savage, Douglas and Barra 2013). Before IFRS 15, the firm could record all expectations on revenue regardless of outcomes. The unpaid revenue was captured in books of accounts as collected. The firm depended on possibilities than on the real revenue collection scenarios (Peach 2016). This policy blocked possibilities of giving unreliable and hiked information to the users of the accounting statements. Therefore, implemented work in progress policy eliminated the likelihood concept of recording revenue estimates. Breaches of the Fundamental Principles of Accounting Ethics in the Firms Accounting Practices The practices demonstrated by the firm has breaches on fundamental principles of accounting ethics. Overestimating figures, recording unpaid revenue, and double counting are among the behaviors breaching accounting principles and ethics. These are the breached principles and ethics; Integrity. Integrity requires an entity to remain honest and trustworthy on to professional roles defined by accounting practices (APES 110). It confines both an entity and its employees to remain upright on facts in the business. Members are expected to provide a report, returns or other relevant information with no mislead or false statement (CPA Australia 2012). The information should not be contradictory to ethics and carelessly placed. Also, members are not to create omissions or unclear communication with intended mind (Deegan and Unerman 2007). However, the company and its employees have violated the integrity concept by providing misleading information in the market; an intention meant to lure investors and wore other small law firms (Fyfe 2016). Their information has misled and carelessly omit a lot of relevant true information decisive to investors and other users. Objectivity of the firm. The principle of objectivity defines that an entity should ensure professionalism on its operations without allowing biases or personal interest to jeopardize its operation (APES 110). This firms objective has not followed the objectivity concept thereby it end up operating for self-interest gains instead of professional operations (Fyfe 2016). Professional level of competency and care. Employees of an entity should portray a high level of competence and care to their clients through their services (APES 110). They are to show diligent behavior when providing services as well as attain and maintain professionalism incompetence. In Slater and Gordons firm, employees mind not of clients. Thus their behaviors contradict professional competence. Instead, they, offer clients with disastrous information on the growth rate of their revenue, an act that only subjected users to market uncertainty (Fyfe 2016). Regarding accounting principles and ethics, Slater and Gordon have breached the defined standards by both the IFRS and APES. The firm went contrary to demonstrate its self-vested needs on the preparation of its financial statements. It aimed not in providing truthful and straightforward information but to capture the perception of the best performing law firm in the market (Collins and McKeith 2010). Even though it enjoyed a lead for some years, the policy on revenue recognition and disclosure policy helped to sort the problem out by filling the gaps it used to manipulate while preparing financial statements. References APES 110 Code of Ethics for Professional Accountants. Retrieved from: https://www.apesb.org.au/uploads/standards/apesb_standards/standard1.pdf Australia Accounting Standard Board. 2016. Application of Materiality to Financial Statement. Collins, B. and McKeith, J., 2010. Financial Accounting and Reporting. McGraw Hill. CPA Australia. 2012. Accounting Concepts and Principles. Publisher: BPP Learning Media Ltd. Deegan, C. and Unerman, J. 2007. Financial Accounting Theory. European edition, McGraw Hill Elliot, B. and Elliot, J, 2007. Financial Accounting and Reporting. FT Prentice Hall, 12th Ed. 2015. The new revenue standard affects more than just revenue. Retrieved from:Financial Accounting. Fyfe, M., 2016.The Undoing of Slater and Gordon, the Age, 24 June IAS 18 Revenue and IFRS 15. Retrieved from: www.ifrs.org (alternatively, AASB118 Revenue and AASB 15 Revenue from contracts with customers, available for download atwww.aasb.gov.au) IASB Framework. Retrieved from: www.ifrs.org Peach, K., 2016. Australia Accounting Standards Board. Savage, A., Douglas, C., and Barra, R., 2013. Accounting for the Public Interest: A Revenue Recognition Dilemma. Issues in Accounting Education, Vol. 28, No. 3, pp. 691-703. Slater and Gordon annual reports. Retrieved from: https://www.slatergordon.com.au/investors/reports-and-presentations Wagenhofer, A., 2014. The role of revenue recognition in performance reporting. Accounting and Business Research, 44(4), pp.349-379.