Routines in Healthcare that seem to be inefficient Essays

Routines in Healthcare that seem to be inefficient Essays Routines in Healthcare that seem to be inefficient The scientific management theory was advanced by Frederick W. Taylor. He was an engineer and inventor. The theory seeks to enhance an organization's efficiency by systematically increasing the efficiency of task completion by using engineering, scientific, and mathematical analysis. Additionally, the aim is to reduce waste, upsurge the methods and production methods and generate a just distribution of goods. This purpose serves the employers, employees and societys common interests (America in Class, n.d.). He established 4 principles centered on this theory: 1. Managers ought to collect information, analyze it, and lessen it to laws, rules, or mathematical formulas. 2. Managers must scientifically choose and train workers. 3. Managers should guarantee that the techniques which are developed by science are utilized by the workers. 4. Managers are duty-bound to apply the work similarly between workers and themselves where they apply scientific management theories to the planning process and the workers carry out the tasks with regard to the plans. An instance of a routine in healthcare that appear to be inefficient can relate to understaffing a floor with a potentially high acuity rate. In the medical facility that I usually work in, conscription is grounded on the census of the floor as opposed to the level of acuity which ultimately leads to a culmination of shift overtime, thus in my view, this leads to nurse dissatisfaction as well as more medical errors. An instance of a participative decision making that is present at the workplace is inspiring leading to nurses becoming members of the hospitals Shared Governance Committee. Regularly, such a committee provides autonomy to nurses to be involved in the decision making process in their practice. Most hospital have nurses who are part of recruitment and retention council, nursing informatics council, nursing practice council, and MAGNET council as a component of the powerful Shared Governance Committee. References America in Class. (n.d.). Retrieved from http://americainclass.org/wp content/uploads/2013/03/Taylor-Scientific-Management-1910-excerpt.pdf

Making the First Call to Your College Roommate

Making the First Call to Your College Roommate You just received your roommates name and contact information. Youre a little nervous, a little excited. Your mind is buzzing . . . where to start first? Facebook? Google? Your friends? Just how much cyber stalking is appropriate when it comes to someone youll be living with? If you really want to get to know your new roomie youll have to go a little more old school and pick up the phone. How You Most Likely Were Matched You have been paired with your roommate for a wide range of reasons: some may be left to chance, others may be strategic. Smaller schools have more time and resources to pair roommates personally based on questionnaires and other information. Larger schools may use software to match you. You may have been purposefully placed with your roommate to expose both of you to new backgrounds, experiences, and personalities; you may have been paired with your roommate with lesser goals in mind. Either way, you now have the name of the person with whom you will (most likely!) live for the next nine months. Congrats! Before You Call There are a few things you should keep in mind before contacting your roommate for the first time. First and foremost, remember that both of you are likely nervous and excited about similar things: leaving home, starting college, having a roommate, figuring out your meal plans and where to buy books. This is a great place to start to connect. Second, before contacting your roommate, try to think about what you know your living style to be like. Keep in mind that this may be different than what you want your style to be like. Do you like a clean and organized room? Yes. Are you good at keeping it that way? No. Make sure you know how you actually are so that you can set realistic expectations for both of you. Try to be honest about your own patterns and what you know you need to feel balanced. College life is stressful, so if you know you need to go out dancing until 3:00 a.m. to relieve that stress, come up with a plan for how to handle returning home really late without waking your sleeping roommate. During the Call Try to remember that you dont need to work everything out during your first phone call or email. (Email is great, but you most definitely should try to connect via phone, if possible, before meeting on move-in day!) You can decide who brings the mini-fridge, the TV, etc., later. For the first phone call, do your best just to get to know the other person. Talk about his or her high school experience, goals for college, major, why you both picked the college you did, and/or what you are doing between now and when you start in the fall. While many roommates end up being great friends, dont put that expectation on yourself or your new roommate. But you should set a pattern of being friendly. Even if you end up living totally different lives once youre at school, its still important to be on friendly and respectful terms with your roommate. Lastly, and most importantly, expect to be surprised. This may sound scary at first but remember: you have focused on going to college for a long time. You want to be challenged with new ideas, interesting texts, and mind-blowing conversations. One of the most important lessons to learn about college is that this kind of true learning doesnt just happen in the classroom! It happens in the conversations that continue after class as you walk to the cafeteria. Your roommate may currently be living in a different country than you. Your roommate may seem to be totally different than the people you hung out with in high school. Your roommate may seem to be . . . just too different. Sure, this is scary, but its also a little exciting. This is your first college experience in many ways. You may not be on campus yet, but you are meeting someone who hopefully will be somewhere in the mass of students throwing their graduation caps with you in several years. You and your first-year roommate may not be best friends, but you undoubtedly will be a part of each others college experience. As long as youre honest and respectful with each other, things should be fine. So snoop on the internet as much as you like, spend a little time figuring out what your living style is, take a deep breath, relax, and have fun on your first phone call with your new roomie!

Energy supply chains and states Essay Example | Topics and Well Written Essays - 2750 words

Energy supply chains and states - Essay Example This paper will discuss the main actors in the oil supply chain and the roles they play, and analyze relations of power among the actors and regulation. It will also discuss the key arguments linking oil to war. Supply chains serve the key purpose of overcoming the gap between customers and suppliers and manufacturers (Bowersox, Closs & Cooper 2007). Operations that can only be done, or are best done, in distant locations are made possible by supply chain networks. Apart from their ability to bridge physical distance, or space gaps, supply chains also overcome, time gaps, quantity gaps, variety gaps and information gaps. Time gaps occur when the time between products being available and the time when consumers need to buy them differ. Quantity gaps occur when the stocks available from the suppliers cannot match the consumers’ demands, while variety gaps occur when consumers demand a wider product variety than can be available from one supplier. When there is an information gap , consumers are not able to know of the source or availability of products and the suppliers are also unable to know of potential consumers. The Main Actors and their Roles in the Oil Supply Chain In the oil industry, the key actors are the oil companies (which are the operators), the main contractors and sub contractors, and then the suppliers and consumers (Rushton, Croucher & Baker 2006). The existence of numerous actors has been necessitated by highly specialised and unique business processes, which encourage fragmentation. In the oil industry, the supply chain can distinctly be viewed through the different fragments concerned with exploration, production, refining, marketing and finally, the consumer. The oil companies, which may be state-owned or private organizations, interface on a worldwide scale with governmental entities, whereby some have direct links with the governments themselves. The main contractors are usually traditional service, construction or engineering firms, most of which have undergone nurturing under protective government policies on development for years. Suppliers and sub contractors are made up of regional agents, service companies and manufactures. The supply chain network is bound together by expertise, and the assumption that safety requirements and interruption-free operations should never come under compromise. Conventional definitions dictate that the large part of petroleum reserves are held by state-owned (or national) oil companies, which also produce most of the world’s crude oil supply. By virtue of their privilege of holding exclusive rights to the development and exploration of petroleum resources in their home countries, national oil companies also have the power to decide to what degree they may require the private companies’ participation in the activities of the industry. Further, the national oil companies are typically not compelled to strictly operate basing on market principles. For countries tha t are members of the

Organizational Behavior under Radical Change Term Paper

Organizational Behavior under Radical Change - Term Paper Example Even the smallest businesses are now targeting the global market. This can be seen as an advantage as new markets have been opened by the real challenge is to keep up with the drastic changes taking place. According to ArauÃŒ jo (2011) business and the corporate world have to be keen with the changes in their industries and the world as a whole to ensure that they are able to come up with relevant strategies to measure up with the changes. The technology today is advancing at the highest rate ever and this has led to emergence of other concepts and aspects like the social media, globalization among others. While this happens, people from all over the world are now in a position to study and learn about global issues related to business and this has led to emergence of more qualified and skilled professionals from all corners of the world who can work effectively in any company. New degree courses have been introduced in universities that train and equip students on issues to deal with international issues like International business management and accounting among others. Communication has been simplified with the social media but most importantly is the growth of global languages like English which has eradicated linguistic barriers. According to Thomas et al. (2013) the corporate world in the 21st century has been exposed to new opportunities as well as challenges. New markets have been created for businesses and mo re qualified people can now be access from any part of the world. The corporate world has equally been transformed in the past two decades. However, the transformation has not been an overnight occurrence that saw companies being upgraded like software. Instead, companies have been forced to develop new strategies and plans that will help them remain relevant in an ever changing market and industry. The companies have been affected in three main areas; technology; globalization, internet and social media; and education. When talking

Individualism as an American Culture Essay Example for Free

Individualism as an American Culture Essay Question: How do the examples involving the child who has fallen, the way food is served and eaten, and the newspaper route provide the author with significant insights into American cultural value? Do you agree with her interpretations? Poranee like many other immigrants are faced with various changes/challenges when they leave their homeland to start a new life in another country. Some of these changes are obvious, while others are not so blatant. Poranee first realized these changes with the simple question â€Å"how are you?† While somethings are consider normal and acceptable in one country, it may be consider rude or inappropriate in another. Poranee was raised in culture that emphasis service and togetherness, which is why she felt comfortable enough to help the fallen child. Without being told, she wouldnt have known that letting the child get up himself will teach him to be independent from an early age. Just like the fallen child, eating off someone else plate or reaching across the table isnt consider inappropriate since the Thais focuses more on forming a community than individualism. The American way of eating is consider inappropriate to the Thais because it is seen as selfish and inconsiderate to have so much food on your plate. I agree with the author on her interpretation of the examples except for the example about the newspaper route. I dont think that the couple who own the BMW’s were materialistic because they were well off but still made their children work. I think that by making their son sell newspapers and their daughter babysit, they were teaching them the value of hard work Working teaches them that just because their parents have money, doesnt mean they can sit around and do nothing.

Music As Therapy Essay -- Psychology Music

Music As Therapy There was never a question in my mind that music possesses a strong element to help people. It has always been a stress reliever in my life. There is research that supports the belief that music is an instrumental part or impact on a wider realm of physical and mental disorders or disabilities. Music is known to set the mood or atmosphere for all types of situations. There is extensive research completed on this subject. Just take a look around. When you look at a movie it is filled with just the right music at the right time to convey the way the writer/ director wants you to feel. Call any major corporation for customer service assistance and you will here hold music to make you feel less tense and patient. This usually has an adverse affect because we know what they’re trying to do. Music Therapy is the prescribed use of music and musical interventions to restore, maintain, and improve emotional, physical, physiological, and spiritual health and well-being. These are the key elements which define interventions as music therapy. Music Therapy is goal oriented and provides a system to work towards a specific therapeutic goal and objective. Goals identified can include communicative, academic, motor emotional and social skills. In the end the music development learned in the sessions hopefully have a relaxing, positive effect on the client’s physical, psychological and socio-economical functioning. Music Therapy became a profession in 1950 with the establishment of the National Association for Music Therapy and the American Association for Music Therapy Association. (AMTA) There were nonmusical goals set for the professional setting. â€Å"They included: improving communication skills, decreasing inappropriate ... ...day that music is powerful medicine. It has a great affect on tearing down the walls of silence and affliction of Alzheimer’s, depression, injuries, healing. And did you know that kids, who study the arts, do an average of forty points higher in math and science? Music education is superior to even computer instruction in enhancing early childhood mental capacity and special intelligence. Music therapists prove every single day that music is powerful medicine. (Richards Institute of Education and Research) Music is Magic. Works Cited American Music Therapy Association http://www.musictherapy.ort/faqs.html Holistic-Online http://www.holisticonline.com/stress/stress_music-therapy.htm Richards Institute of Education and Research http://www.educationthroughmusic.com/brainarticles.htm#Michael%20Green War child http://www.warchild.org/projects/cenre/methods.html

Letter to the reader Essay

To The Readers In my portfolio I will be writing about varies of things such as Georgia 411 Interest Inventory, My Career Choice, Autobiographical Incident Essay, and Persuasive Essay & Narrative Essay. In these essays you will get different types of emotions from me. Let me break down what it is that I will be writing about in the essays. First in my Georgia 411 Interest Inventory essay it’ll be about what type of learner am I? And what types of careers match your skills. Â  Secondly in my Career Choice essay I’ll be writing about a college/career dedicated to the future career I choose. The main point of this essay will be to research my career choice and create a plan of action including the amount of education required and prepare myself to be able to interview for the position in the future. Now my third essay is about an Autobiographical Incident that impacted my life in some way. How did the incident affect me? What were some thoughts during the experience? What are my thoughts on it now? This essay is something that means a lot to me because it impacted my life in so many ways. It was kind of hard trying to type up this paper without crying but it was well worth it in the end; because it brought back memories that I tried to forget. Fourthly, my essay is a Persuasive Essay it’ll be written to convince someone to adopt my beliefs on a topic. Â  Most of all lastly, my last essay is a Narrative Essay a fictional story of my very own. I do hope you all enjoy what I created in my portfolio.

College Pressures

College Pressures In the article, College Pressures, William Zinsser shows parents the burdens that college students have while they are in school. In the essay he states the four pressures that the students face: economic, parental, peer, and self-induced. The reader can be easily confused when Zinsser first begins the essay. It starts off with someone writing notes to someone else, but who is speaking? Zinsser then follows this by fully explaining who is writing the notes, a student, and who he is talking to, his dean.He is explaining that the student is full of pressure and feels he cannot take it anymore. Zinsser makes the essay move along smoothly with the use of rhetorical questions and then answers them to prove a point he is making. The classical appeal Zinsser uses in College Pressure is ethos. He is telling the parents what is going on in the minds of the students and the pressures they build up for themselves. College Pressure is written in a fairly straightforward manner. Zinsser explains the situations without using such terminology that only college professor can comprehend.He also uses understandable metaphors that make the reading more interesting. For example, when he explains that no one is to blame for the pressures, he says, â€Å"Poor students, poor parents. They are caught in one of the oldest webs of love and duty and guilt. † This is a classification and division essay. Throughout it, Zinsser talks about what the pressures of the students are; economic, peer, parental, and self-induced. He then separately explains how each of the pressures effects the students. Zinsser speaks in a way that makes the reader want to continue reading.He is persistent in informing the reader about the pressures and tries very hard to get his point out to the parents. It may seem that throughout the essay, Zinsser sees the students in a totally negative way. He realizes this and states it to the reader. He tells the parents, â€Å"I have painted too d rab a portrait of today’s students, making them seem a solemn lot. † This is not his purpose at all. He is trying to explain that college is not a time to have all these extreme pressures that the students induce on themselves.He ends this essay in a way that shows the parents that lots of people go to college and change their paths several times before actually choosing what they want to be. He does this as a way of saying that it is alright to go to college unsure of what you want to be. Things will work out in the end. William Zinsser is just trying to let parents know that college students have enough on their minds and they don’t need their parents giving them a hard time about what to do with their lives. For the sake of their children, he wants the parents to be as supportive as possible.

Ten Arguments Against Teen Abstinence

Ten Arguments Against Teen Abstinence Continued from the article 10 Arguments For Abstinence - Pros and Cons of Abstinence, Part I Ten Arguments Against Abstinence Telling teens to be abstinent isnot realistic at all said Bristol Palin, daughter of 2008 vice presidential candidate Sarah Palin, in her first interview after giving birth at 18.Abstinence means different things to different people, and some forms of abstinence can still spread sexually transmitted diseases (STDs). Teens who abstain from vaginal intercourse but engage in oral sex, mutual masturbation or anal sex can still be infected by STDs. Any skin-to-skin contact including genital-to-genital, hand-to-genital or mouth-to-genital can spread disease.Abstinence only works if teens stick to their pledge. But according to researcher Janet E. Rosenbaum of the Johns Hopkins Bloomberg School of Public Health, Taking a pledge doesnt seem to make any difference at all in any sexual behavior.Over the past five years, several major studies have found that abstinence-only education has no effect in stopping or delaying sex. According to Emerging Answers 2007, commissioned by the nonpartisan N ational Campaign to Prevent Teen and Unplanned Pregnancy, there does not exist any strong evidence that any abstinence program delays the initiation of sex, hastens the return to abstinence, or reduces the number of sexual partners. Teens who break their vows of abstinence are much less likely to use contraceptives than those who do not pledge abstinence. A report published in the January 2009 issue of Pediatrics found that teens who break their pledge are less likely to get tested for STDs and may have STDs for longer periods of time than teens who do not pledge abstinence.Since teens who pledge abstinence are much less likely to use contraceptives if they break their pledge, their risk of becoming pregnant is significantly greater. A sexually active teen who does not use contraception has a 90% chance of becoming pregnant within a year.The declining in the rate of teen pregnancy nationwide is now recognized as due to increased use of contraception, and not abstinence. According to the Guttmacher Institute, Recent research concluded that almost all of the decline in the pregnancy rate between 1995 and 2002 among 18–19-year-olds was attributable to increased contraceptive use. Among women aged 15-17, abou t one-quarter of the decline during the same period was attributable to reduced sexual activity and three-quarters to increased contraceptive use. Abstinence sends the wrong message to girls and young women. Author and womens issues advocate Jessica Valenti argues, While boys are taught that the things that make them men - good men - are universally accepted ethical ideals, women are led to believe that our moral compass lies somewhere between our legs....Virginity and chastity are reemerging as a trend in pop culture, in our schools, in the media, and even in legislation. So while young women are subject to overt sexual messages every day, theyre simultaneously being taught - by the people who are supposed to care for their personal and moral development, no less - that their only real worth is their virginity and ability to remain pure.The states with the highest teen pregnancy rates and teen birth rates in the U.S. are either states that do not mandate sex education or HIV education or stress abstinence-only as the primary method of preventing pregnancy.Teens who realize that they may engage in sexual activity take resp onsibility for preventing pregnancy by choosing a method of contraception in advance. For sexually experienced females age 15-19, nearly all (99%) used some form of contraception at least once during sexual intercourse. Sources:Boonstra, Heather. Advocates Call for a New Approach After the Era of Abstinence-Only’ Sex. Guttmacher Policy Review. Winter 2009, vol. 12, no. 1.Bristol Palin: Abstinence for all teens not realistic. CNN.com. 17 February 2009.Sanchez, Mitzi. Teen Pregnancy: No Contraceptive? 90% Chance Of Getting Pregnant. Huffingtonpost.com. 15 February 2012.Vilibert, Diana. Jessica Valenti Debunks the Purity Myth. MarieClaire.com. 22 April 2009.

Sally Hemings Her Relationship With Thomas Jefferson

Sally Hemings Her Relationship With Thomas Jefferson An important note on terms: the term mistress refers to a woman who lived with and was sexually involved with a married man. It does not always imply that the woman did so voluntarily or was completely free to make the choice; women through the ages have been pressured or forced into being mistresses of powerful men. If it was true and examine the evidence outlined below that Sally Hemings had children by Thomas Jefferson, it is also undoubtedly true that she was enslaved by Jefferson (for all but a brief time in France) and that she had no legal ability to choose whether or not to have a sexual relationship with him. Thus, the often-used meaning of mistress in which the woman chooses to have a relationship with a married man would not apply. In the Richmond Recorder in 1802, James Thomson Callendar first began to publicly allege that Thomas Jefferson kept one of his slaves as his concubine and fathered children with her. The name of SALLY will walk down to posterity alongside Mr. Jeffersons own name, Callendar wrote in one of his articles on the scandal. Who Was Sally Hemings? What is known of Sally Hemings? She was a slave owned by Thomas Jefferson, inherited through his wife Martha Wayles Skelton Jefferson (October 19/30, 1748 - September 6, 1782) when her father died. Sallys mother Betsy or Betty was said to be the daughter of a black slave woman and a white ship captain; Betsys children were said to have been fathered by her owner, John Wayles, making Sally a half-sister of Jeffersons wife. From 1784, Sally apparently served as a maid and companion of Mary Jefferson, Jeffersons youngest daughter. In 1787, Jefferson, serving the new United States government as a diplomat in Paris, sent for his younger daughter to join him, and Sally was sent with Mary. After a brief stop in London to stay with John and Abigail Adams, Sally and Mary arrived in Paris. Why Do People Think Sally Hemings Was Jefferson's Mistress? Whether Sally (and Mary) lived at the Jefferson apartments or the convent school is uncertain. What is fairly certain is that Sally took French lessons and may also have trained as a laundress. What is certain is that in France, Sally was free according to French law. What is alleged, and not known except by implication, is that Thomas Jefferson and Sally Hemings began an intimate relationship in Paris, Sally returning to the United States pregnant, Jefferson promising to free any of her (their) children when they reached the age of 21. What little evidence there is of a child born to Sally after her return from France is mixed: some sources say the child died quite young (the Hemings family tradition). What is more certain is that Sally had six other children. Their birth dates are recorded in Jeffersons Farm Book or in letters he wrote. DNA tests in 1998, and a careful rendering of the birth dates and Jeffersons well-documented travels puts Jefferson at Monticello during a conception window for each of the children born to Sally. The very light skin and the resemblance of several of Sallys children to Thomas Jefferson were remarked upon by a good number of those who were present at Monticello. Other possible fathers were either eliminated by the 1998 DNA tests on male-line descendants (the Carr brothers) or dismissed because of internal inconsistencies in the evidence. For example, an overseer reported seeing a man (not Jefferson) coming from Sallys room regularly but the overseer did not start working at Monticello until five years after the time of those visits. Sally served, probably, as a chambermaid at Monticello, also doing light sewing. The affair was revealed publicly by James Callender after Jefferson refused him a job. There is no reason to believe she left Monticello until after Jeffersons death when she went to live with her son Eston. When Eston moved away, she spent her last two years living on her own. There is some evidence that he asked his daughter, Martha, to give Sally her time, an informal way to free a slave in Virginia which would prevent the imposition of the 1805 Virginia law requiring freed slaves to move out of the state. Sally Hemings is recorded in the 1833 census as a free woman. Bibliography Sally Hemings: Redefining History. A video from AE/Biography: Here is the complete story of the woman at the center of the first presidential sex scandal. (DVD or VHS)Jeffersons Secrets: Death and Desire in Monticello.  Andrew Burstein, 2005.  (compare prices)Thomas Jefferson and Sally Hemings: An American Controversy: Annette Gordon-Reed and Midori Takagi, reprint 1998.  (compare prices)Sally Hemings and Thomas Jefferson: History, Memory, and Civic Culture: Jan Lewis, Peter S. Onuf, and Jane E. Lewis, editors, 1999.  (compare prices)Thomas Jefferson: An Intimate History: Fawn M. Brodie, trade paperback, reprint 1998.A President in the Family: Thomas Jefferson, Sally Hemings, and Thomas Woodson: Byron W. Woodson, 2001.(compare prices)Sally Hemings: An American Scandal: The Struggle to Tell the Controversial True Story.  Tina Andrews, 2002.Anatomy of a Scandal: Thomas Jefferson and the Sally Story.  Ã‚  Rebecca L. McMurry, 2002.The Jefferson-Hemings Myth: An American Trave sty.  Ã‚  The Thomas Jefferson Heritage Society, Eyler Robert Coates Sr., 2001 The Jefferson Scandals: A Rebuttal.  Ã‚  Virginus Dabs, Reprint, 1991.Jeffersons Children: The Story of an American Family.  Shannon Lanier, Jane Feldman, 2000.   For young adults.Sally Hemings: Barbara Chase-Riboud, reprint 2000. Historical fiction.

JP Morgan Chase and Bank One Merger Essay Example | Topics and Well Written Essays - 500 words

JP Morgan Chase and Bank One Merger - Essay Example Bank One Corporation had been created through mergers with many other banks like Banc One of Columbus, First Chicago NBD, and Ohio but the mergers were considered a failure until Jamie Dimon who had been chosen as the president and CEO took over the leadership of the company and reformed the new firm’s practices (American Bar Association, 2007). Dimon improved the firm by changing the disastrous technology jumble inherited from the prior mergers done by Bank One Corporation and ensured that the bank was more than sufficient to be a viable merger for JPMorgan Chase. Bank One Corporation had spread its roots in many States with the beginning of interstate banking and acquired many banks and with this successful process, they resisted combining into one bank. According to the writings by Truitt (2006), Bank One Corporation, had to be merged with JPMorgan after the departure of their CEO John B. McCoy, whose father and grandfather had headed Bank One. McCoy left because after the First Chicago NBD merger, Banc One Corporation started having financial issues and there was no other option other than accepting help from others. Dimon was brought in as the head of the company and this is when the JPMorgan completed the acquisition of Bank One. The mega-merger was a success because JPMorgan Chase & Co. is one of the largest and best-known financial institutions in the world. Skeel (2011) stated that J.P. Morgan Chase & Co. is a leading global financial services firm with valuable assets and operations in more than 50 countries. The firm provides good services to people in the society and many of the world’s most prominent government, institutional and corporate clients. The mega-merger was a success because Bank One would have failed running on its own due financial difficulties. Griffin and Moorehead (2010) stated that JPMorgan Chase & Co is

Advanced financial reporting and regulation Essay

Advanced financial reporting and regulation - Essay Example The important characteristic of intangibles is that they lack physical substance. It is very difficult to estimate the value of intangibles and there is a high degree of uncertainty regarding the length of time over which they will provide future benefits. IAS 38 clarifies that intangibles should not be recorded as other assets. Also this standard does not apply to intangible held for sale in the normal course of business of the entity. Similarly differed tax assets, leases, assets arising from employee benefits, financial assets, mineral rights, and other exploration and evaluation assets, and most importantly goodwill arising from business combinations do not fall the preview of IAS 38. The identifiable assets should be separable. The entity is in a position to sell, transfer, and license, rent or exchanges the intangibles. It is important to note that intangibles should be clearly distinguishable and controlled separately from the goodwill. Such identifiable intangibles may have arisen from contractual or other legal rights, whether those are transferable or not, or separable from the entity or other rights and obligations. The initial accounting for intangible is largely dependent on whether they are purchased or developed internally. When intangibles are purchased from others, they are initially recorded at their cost. The amount capitalized will include the purchase price and, like other assets, costs of preparing them for their intended uses. As a result, costs of registration or legal fees related to acquisition are also capitalized. When intangibles are purchased in a business combination, the cost to be recognized is the fair value at acquisition. When intangibles are acquired free of cost or received as a grant, the fair value or nominal value and directly attributable costs of such intangibles is recognized. All other costs of intangibles are charged to revenue. Internally generated intangibles are not recognized as