Understanding Of Accounting Standards †MyAssignmenthelp.com

Questions: 1. Demonstrate an understanding of accounting standards and be aware of the authoritative influences that underpin accounting and reporting in the international and Australian regulatory environment? 2. Explain the issues surrounding contemporary accounting controversies, in this case on fair value accounting in diverse contexts using social, ethical, economic, regulatory and global perspectives? Answers: 1.International accounting standards board uses conceptual framework for the financial reporting. As per the AASB conceptual framework the users of theaccounting information are as follows: Investors: Investor plays a major role in deciding a financial statement of the entity.Accounting information prepared by the management needs to be correct as it is used by the users. The investor uses financial statement for taking the investment decisions. If he finds that theaccounting information is good and it can give him a good return then he should invest in the securities of the company. The conceptual framework of AASB states the management of the company has to prepare correct financial statement to assist the investors in taking investment decisions. Employees: Employees is an integral part of the organization and their decisions affects the functioning of the company. They use the accounting information to determine the growth made by the company. They took decisions regarding raise in their salary, bonus from the top level management after checking the accounting information. Lenders and suppliers: The Company has to purchase material and it cannot purchase whole material on cash as so much cash is not available to the company. The companys accounting information is checked by the lenders and creditors to check the credit worthiness of the company. Lenders give loan to the company and they want an assurance that their money is safe and they will receive a good amount of interest if they give loan to the company. If they found that the accounting information provided by the company is good and as per the conceptual framework then they easily give loan to the company. Customers: The whole business is done for attracting the customer, so they can purchase the goods and services of the company. The future of the company depends upon the customers as they check the financial information to determine that the product produced by the company is harmful or not. The annual report contains all the information about the business of the company. The customer check that information to satisfy himself that the product produced by the company is safe. Government Agencies: Government affects the functioning of the business as they assess the financial information to check the financial performance of the company is good. If the companys financial performance is good then it levies taxes on that income and if the financial performance of the company is not good then it provides subsidies to the business to help them in succeeding in the future. Public and society: Public and society is the surrounding where the company operates its business. The public uses the financial information to determine that the business of the company does not affects the functioning in an adverse way. They check the accounting information to determine whether the company took decisions towards the welfare of the society. The information about the welfare of the society can be checked from the CSR report of the company as it contains all the information about the functions of the company towards the welfare of the society. Yes the identification of particular users within the conceptual framework has implications for the future of accounting information. The companys overall objective is the maximization of the wealth of the shareholders and investors plays an major role. The future planning needs to be done by taking in considerations the requirements of the investors as they are the one who invested money in the company. Investors are providers of risk capital to the entity. The company has to prepare its financial statements as per the guidelines of the IASB and AASB conceptual framework. The company has to prepare its financial statements on the basis of fair value. The accounting regarding the preparation of the financial statements needs to be done as per the fair value accounting. The complete description about the accounting as per the fair value is given in accounting standard and the company needs to follow the guidelines of the accounting standard in order to do the fair value accounting as the investor wants to know the fair value of the business and he took decision after checking the fair value of the business. Historical cost accounting is an accounting concept and it also used by the company to determine the historical cost of the company. The users check the historical information also to take their decisions. 2. Advantages for accounting that could result from the development of conceptual frameworks are as follows: Consistent financial statement: The management has the responsibility for the preparation of the financial statement and their assumptions on the preparation of the financial statement affect the content. The conceptual framework clarifies all the doubts regarding the preparation of the financial statement and the guidelines are used for the preparation of the financial statement. Assist the auditor: The auditor has to examine that the accounting information prepared by the management as per the applicable reporting framework. The applicable reporting framework gives an assurance that the accounting information of the company is correct. In such case, the auditor does not to have to conduct detailed checking. Achieve economic development: The Company can achieve economic development in accounting by using the guidelines of the conceptual framework. Can achieve overall enhanced communication: Communication plays a major role in achieving the objectives as the company seeks an effective communication in the preparation of the accounting information. Records kept in a systematic manner: The records of the business need to be kept in a systematic manner as they can be needed in the near future for something. The conceptual framework helps in preparing the financial statement and also helps in financial reporting. The conceptual framework provides guidance in the preparation of the financial statement. The knowledge about the core financial accounting is highly problematic. The accountants do not know about the core financial accounting concept and because of that they prepare wrong financial statement. The accounting assumptions taken by them are wrong that ultimately affects the business of the company. The AASB issues Conceptual framework that is used by the accountants to prepare the accounting information of the company. The most who gains from the development of the financial statement is the accountant as they gain professional knowledge about the preparation of financial statement. The accounting institute of Australia conduct the course for increasing the knowledge of the people about the core accounting. Many people start that course to gain the knowledge about the concept of core accounting. This also helps them in making correct assumptions when they are preparing the financial information of the company. The accountants now days has the knowledge and they prepare the financial statements that remains consistent over a period of time. The views of the Hines in that article are to give knowledge about the concepts of core accounting and how to resolve the problems underlying with it. The core accounting problems are solved after the development of the conceptual framework. The advantages stated in the part a about the accounting matches with the views of Hines. The conceptual framework assists the accountants in gaining knowledge about the fundamental concepts of the financial accounting. The main advantages identified in the part a is the consistency in the financial statement, assist the auditor in their audit as it reduces the work of the auditor. No one has complete knowledge about the concepts of the accounting but the introduction of conceptual framework provides a way to reduce these problems. References Hines, R (1989), Financial accounting knowledge, conceptual framework projects and the social construction of the Accounting profession.Accounting, Auditing and Accountability Journal,2(2), pp. 72-92. Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2011.Financial accounting theory and analysis: text and cases. John Wiley and Sons. Deegan, C., 2012.Australian financial accounting. McGraw-Hill Education Australia. Weygandt, J.J., Kimmel, P.D., KIESO, D. and Elias, R.Z., 2010. Accounting principles.Issues in Accounting Education,25(1), pp.179-180. Laux, C. and Leuz, C., 2010. Did fair-value accounting contribute to the financial crisis?.Journal of economic perspectives,24(1), pp.93-118. Dechow, P.M., Myers, L.A. and Shakespeare, C., 2010. Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits.Journal of accounting and economics,49(1-2), pp.2-25. Power, M., 2010. Fair value accounting, financial economics and the transformation of reliability.Accounting and Business Research,40(3), pp.197-210. Taplin, R., Yuan, W. and Brown, A., 2014. The use of fair value and historical cost accounting for investment properties in China.Australasian Accounting Business Finance Journal,8(1), p.101. Jaijairam, P., 2013. Fair value accounting vs. historical cost accounting.The Review of Business Information Systems (Online),17(1), p.1.

Traits of the Hero Essay Example For Students

Traits of the Hero Essay HerculesTheseusJasonBirth/Childhood?Son of Zeus and his mortal mother, Alcmene. ?Brother is Iphicles. ?Hera was constantly trying to kill him.?Son of the Athenian King, Aegeus. ?Spent his childhood with his mother in southern Greece. We will write a custom essay on Traits of the Hero specifically for you for only $16.38 $13.9/page Order now ?Supposedly lived generation earlier. ?Son of king Aeson. Character Flaws?Loses control of himself when angry. ?Mixed personalities?Forgot to raise the white flag when he traveled home from Crete so his father thought he was dead and he killed himself. ?ForgetfulnessJourney/Quest?To complete the 12 labors in order to repent for killing his family and others assigned to him by Eurystheus. ?Accompanied Jason on the quest for the Golden Fleece. ?He traveled to Crete to be one of the sacrifices but he meant to kill the Minotaur. ?Succeeded by strangling the beast. ?Also accompanied Jason on the quest for the Golden Fleece.?To get the Golden Fleece back from Colchis and King Aetes. Tests/TrialsThe Twelve Labors:? The Nemean Lion? Lernean Hydra? Cerynitian Hind? Erymanthian Boar? Stables of Augeas? Stymphalian Birds?Cretan Bulls?Mares of Diomedes? Belt of Hippolyte? Cattle of Geryon? Apples of Hesperides?The Hound of Hades.?Being able to roll away the boulder to get to the sword and sandals. ?Dealing judgment to the bandits who harmed people traveling by the road.?Get through the Clashing Rocks. ?King Aetes made Jason face bronze feet, fire breathing bulls in the Trial of Courage. ?Whirlpool of Charybdis. ?Phineas and the Harpies. Guides/Helpers?Athena helped through many of the Labors. ?Ariadne and Daedalus helped Theseus get out of the Labyrinth.?Medea lured the serpent to sleep so Jason could get the Fleece. ?All of the Argonauts (Hercules, Orpheus, etc.)Special Objects?Nemean Lion skin?Sword and sandals that he was awarded with when he moved the boulder.?Argo (ship they traveled on)Positive Qualities?Extreme strength?Protection of the poor and defenseless?Peaceful except for when he is fightingSigns of Success ?He completed the twelve labors. ?Defeating the Minotaur and able to find his way out of the labyrinth. ?Completing the journey on the road dealing judgment to the bandits.?He achieved possession of the Golden Fleece. ?Was able to reach the Golden Fleece.

Hinduism Essays (820 words) - Spirituality, Shabda, Nondualism

Hinduism By Justin Paget The idea of "religare" or binding oneself back to one's religion is key to many religions. In Christianity, we bind our selves back to the truth unveiled through scripture, myths, tradition, and the church's teachings. Hinduism, however has a much different interpretation of the idea of binding oneself back. There really is not a whom or what that I can put my finger on. We all came from one God and we must get back to God. But how can one go about doing that? A Hindu would say to free ourselves from the desires and illusions present here on Earth. To free ourselves from the material possessions and pleasures would be to obtain Moksha. Moksha, for Hindus, would be the point of freedom and the attachment to Brahman. In a way this is extremely ironic, for in the act of binding oneself back, a Hindu would obtain liberation. To me, these terms seem directly contradictory, however, this is proof to the fact that our minds cannot understand certain aspects of religion, and that we are limited. The goal of a Hindu is to release themselves, but also to gain a complete understanding of life. By doing this, they are freed from the continuous cycle of reincarnation. There are, as Huston Smith tells us, four paths to the goal. The yogas are the specific direction taken to unleash the human potential of Moksha. The goal of the yogas is to come in to and remain in touch with Brahman. The first way to God is through knowledge. The three steps taken on this path is learning, thinking, and the third, a little more complex, consists of separating one's material ego form one's Atman. The second way to God is through love. The love we show to others can be translated into a love for God. The third path to God is though work. Through a devotion to one's work, God can be seen through the highest rewards if done so wisely. The final Hindu path to God is through Psychophysical Exercises. In this way, a Hindu experiments with mental exercises and observing their effects. Not all Hindus take the same path to God, but the goal is identical. The Buddha made much reform to the path to God. Well, not so much a reform as perhaps an alternate route. He called this the Middle Path. A way between sensuality and asceticism, the Middle Path lay through intelligence. The main revolutionary idea behind the Buddha's teachings was that he rejected asceticism, which at that time had been a popular belief and a socially approved route to salvation. Not only did he reject self-denial, but the worship of gods. In his renowned Eightfold Path, there is never any mention of worship. Also, he refuted the idea that one had to pass through countless rebirths to reach the Brahmin caste before being able to obtain salvation. For this very reason, Buddhism ultimately failed in India, because of the widespread control by the Brahmins. The most challenging concept for the Hindus to except was that the Buddha taught that the soul did not exist. Hindus thought that the Atman, or soul, was actually God. The Buddha reasoned that if the soul is purely God, the it is not individual and therefore is an An-Atman, or no soul. The achievement of liberation then for Buddhist takes form in Nirvana. Nirvana occurs when people release their yearning for a false selfhood, which is similar to Hinduism. Paradoxically, as with Hinduism, the act of extinguishing this yearning occurs simultaneously with an enlightenment. Studying Hinduism and Buddhism has been surely an enlightenment for me. To my amazement, Hinduism actually addresses a few questions I have had before. I've wondered about the way life is connected and how life is a flowing circle of life and death. Hinduism is based primarily on the idea of Brahman and that everything is one. The idea that material positions are basically meaningless is something that I dread to think about, because I am most certaintly a victim of todays society based on wealth and power. It infuriates me to think that my possessions are meaningless, but for some reason I am drawn to these teachings of Hinduism. The majority of teachings of all the religions we have studied so far has made sense to me, and this is the most puzzling conclusion I am faced with. What does this mean? I have found something here and I am utterly confused. How the heck can more than

Joseph Stalin foreign policies

Joseph Stalin foreign policies Introduction Joseph Stalin was born in the year 1879 in Georgia and was an influential politician in Soviet State from the year 1922 until he died in 1953 (Imdb.com).Advertising We will write a custom essay sample on Joseph Stalin foreign policies specifically for you for only $16.05 $11/page Learn More During this time, Stalin served â€Å"as the first general secretary of the communist party of the Soviet union’s central committee† (Imdb.com) and he managed to consolidate more authority and power in his governance until he become dominant over all other political groups within this party. As a result of his outstanding policies, Stalin geared the soviet State towards achieving major transformation and the country become a â€Å"great industrial power† causing swift economical changes to occur (Imdb.com). Stalin’s policies Foreign policies are combined strategies which a State or a country designs and pursues in order to safeguar d its concerns and interests within the international arena (Foreignpolicy.com). As such, Joseph Stalin had developed specific policies in order to ensure that Soviet Union was successful in many areas primarily in national security. Throughout his reign, Stalin took necessary measures to develop strategies which enabled him maintain power while on the other hand safeguarding the interest of his country (Foreignpolicy.com). Joseph Stalin was obsessed with power and for this reason he wanted to be in a position where he can command and control everything; he therefore developed different strategies such as policies to maintain political power, policies to enable Soviet State acquire economically stability so that the country could become superior over its enemies and policies to safeguard the interest of the nation (Foreignpolicy.com). Discussion Foremost, when Joseph Stalin came into power, he formulated policies which would enable him stay in power for a long time by eliminating al l the people who worked in the previous administration while replacing this group of employees with his own people and friends (Histclo.com). Thereafter, Stalin also initiated a revolutionary wave which would see the Soviet Union acquire higher level of economical stability driven by the industrialization process (Histclo.com). During this industrialization process, there were major developments in the Soviet state and the government was fully able to control all sectors of the country including the most important sectors such as the treasury department because of Stalin hold on power. This firm control was necessary for Stalin’s administration because it enabled the government to direct funds in developing capable and strong military defense that Stalin needed to advance his military policy that was meant to be both defensive and aggressive (Imdb.com). Additionally, as a result of the high level of industrialization, the Soviet Union became self sufficient and very developed in terms of military power as the country was generating sophisticated and high standard military weapons to further its foreign military policy.Advertising Looking for essay on biography? Let's see if we can help you! Get your first paper with 15% OFF Learn More Stalin also strengthened the country’s army in other ways through quality training of the country’s Red army which was intended to function as preemptive and preparative strategies in case of conflict outbreak between itself and its German neighbors or other countries such as Japan (Imdb.com). Just before the outbreak of Second World War, Stalin had established a policy to increase the number of military officers and by the year 1939 he had made sure that the population of army in the country had increased tremendously; in fact about 1.9 million of the population was army officers (Britannica.com). This ensured that the state was fully prepared to preempt any military attack especially form the Germans (Britannica.com). In this regard it is good to understand that just before the year 1930, Stalin had not developed a good foreign policy for his country, but since he was an ambitious person, Stalin did everything within his power to prepare his country for any eventuality of war which ultimately occurred. As a commanding leader of the Soviet Union, Stalin also developed several foreign strategies aimed at protecting the interests of the Soviet State apart from the military end (Britannica.com). Towards this end, Stalin established several strategies that ensured his country become recognized as an aggressive power. He then advanced a policy to protect the land of the Soviet State which was the basis of the countries saying that stated â€Å"we do not want a single foot of foreign territory, but we will not surrender a single inch of our territory either† (Histclo.com) in which he was quoted saying during one of his many speeches to his people (Histclo.com). This particular policy was adopted by Stalin just few months before the outbreak of World War II (Britannica.com). After this policy, Stalin desire to protect his country made him develop a much better foreign policy that was reconciliatory in nature which enabled Soviet Union to pursue open dialogues with most of the neighboring countries in order to build good relationship with these countries so that they could become allies in case of an outbreak in war (Foreignpolicy.com). Therefore during this time, Stalin developed policies that were both defensive and reconciliatory by strengthening the military while at the same time pursuing a policy that intended to befriend its neighboring countries. Indeed, Stalin developed about four major foreign policies which served as effective instrument of promoting strong military and good relationship with its neighbors. The first was to build up a good business relationship with all neighbor countries so that Soviet Union could win their trus t by engaging with them in trade. The second strategy was to avoid any form of conflict or argument between Soviet Union and the neighboring countries so as to maintain strong bonds of friendship (Foreignpolicy.com).Advertising We will write a custom essay sample on Joseph Stalin foreign policies specifically for you for only $16.05 $11/page Learn More The third policy was to create a strong Red army and navy in order to facilitate reinforcement of the military force and also enable the defense mechanism to be ready to handle attackers from every side at any given time. Lastly Stalin developed another policy of creating good relationship with all foreigners living in his country whilst also ensuring good international bonds were maintained with its allies (Foreignpolicy.com). It is clear that, Joseph Stalin was a strategist and through his scheming he also ensured that treaties of all the above agreements that furthered the country’s policies were si gned by the neighboring countries as a mark of commitment to these goals. Stalin also created foreign policies that addressed other countries policies that were being made by its enemies such as Poland and German; because he responded to this by pursuing policies that intended to make allies from its friendly countries. Pros and cons of Joseph Stalin During the period when Joseph Stalin was in authority, the Soviet Union experienced major transformations such as industrialization, economical development and good military defense which are among the most positive achievements of Commander Joseph Stalin as discussed below during his reign (Foreignpolicy.com). Since Stalin was an ambitious person, he did everything within his power to ensure that the Soviet Union would become a superior state. Therefore, during his reign, Stalin developed a strong team in his government that helped in facilitating urbanization of the Soviet Union to become more industrialized than ever before (Histclo. com). This is because Stalin was very determined to make the Soviet Union acquire higher level of industrialization despite the internal pressure which was opposing his initiatives. Stalin sold much of the agricultural products all over the land so that he could be able to acquire funds that would facilitate his government in supporting this project. This is no doubt one of the many achievements that Joseph Stalin achieved because of the great desire to have his country become much superior as well; this is one of his greatest achievements (Histclo.com). In addition, Joseph Stalin enabled the country to acquire economical stability due to the major developments that he facilitated in the industrial sector. Because of the higher level of industrialization acquired by the Soviet State, the country was able to be of economical influence over other neighboring countries in the region (Foreignpolicy.com). Furthermore, Stalin also was able to develop a strong and capable military defense which he invested heavily in order to safeguard the interest of the Soviet State. During this period, Stalin invested heavily in strengthening the Red army in every front such as by increasing training for the navy and airborne officers. Besides this, Stalin also advocated for increase in the number of army soldiers in order to ensure that the country was ready to face its enemies during war outbreak which had by then became imminent (Histclo.com).Advertising Looking for essay on biography? Let's see if we can help you! Get your first paper with 15% OFF Learn More Despite of all these achievements, Joseph Stalin as a leader of the Soviet Union also negatively affected the country because of his foreign policies as well as his internal policies and his great ambitions to acquire more power. While trying to develop an industrialized State, Stalin had to sell a lot of agricultural products such as wheat from the farmers which eventually caused a great famine and consequently caused a mass death of Soviets citizens due to lack of enough food in the country (Foreignpolicy.com). Furthermore, while imposing his policies, Stalin violated the right and freedom to religion by abolishing all religious activities across the nation (Foreignpolicy.com). Britannica.com. â€Å"Joseph Stalin (prime minister of Union of Soviet.† Web.. https://www.britannica.com/biography/Joseph-Stalin Foreignpolicy.com. â€Å"Stalin statue in Virginia a huge bust†. 2010. Web. Histclo.com â€Å"Biography : Joseph Stalin, 2009†. Web. https://www.histclo.com /bio/s/bio-stalin.html Imdb.com. â€Å"Biography for Joseph Stalin†. 1998. Web. https://www.imdb.com/name/nm0821672/bio Stel.ru. â€Å"Joseph Stalin Biography, 2004†. Web.

Should children at elementary school level allowed to use internet and Research Paper

Should children at elementary school level allowed to use internet and social media - Research Paper Example With the increased internet usage particularly, the increased invention and discoveries of more educative and academic websites that are rated children-friendly ensures increased knowledge necessary for expansive knowledge endowments amongst the young children. There has been increased exposure and susceptibility to internet amongst our children. Internet presents avenues for visual learning as young children are attracted to diagrams, images well as photos that are academically designed to empower and enhance learning amongst the young children. This has presented the children with an opportunity to gain valuable knowledge as they learn and develop ability to navigate and do research work at early stages (Resources in Education 76). The result of this is reflected in the academic ability of the children as they grow based on the increased capability to understand search engines needed for particular data retrievals. Such children further develop interest and become good researchers in future as they undergo the education ladder. They become brighter as they explore the massive relevant information from the pearly reviewed articles as well as books. Children use the internet for school works, and Google for information needed. It is also positive amongst the children as internet has enabled them to use Google Translations to understand English Tweets. Children have also benefited from diverse knowledge and skills available on the internet sources besides being positively enlightened through games played which has led to generation and incubation of relevant ideas (Dixon, Brian, and Julie 122). Children have found it easy to navigate the personal computers and to obtain necessary project information necessary for their class works. Educating digitalized student has thus been made easier as teachers, and their Paraprofessionals can easily follow childrens performance online and

Claude Monet Water Lilies Essay Example | Topics and Well Written Essays - 750 words

Claude Monet Water Lilies - Essay Example I could feel my heart beat quicken as I inched forward in line for my ticket, anticipating what I would see, how it would affect me, and how I would be changed in some way, as we all are, by seeing to what heights the soul of man can rise. As I entered the building and was captured by the walls of glass, modern, clean white lines of the galleries, the large public works of art throughout the building, with works hung on staircase landings (of all places!) and from the ceilings, meant to show how accessible and functional the modern works could be. I was drawn into one exhibit, on the second floor, though, that featured an exhibition of the French impressionist artist Claude Monet, entitled â€Å"Monet’s Water Lilies.† I was drawn into a room where three 20-foot paintings, his masterpieces of his study of Water Lilies, were hung in harmonious and dramatic style. The works were placed next to and across from each other, with their gigantic canvases echoing what Monet saw over many days and months in his garden in Giverny. At first glance, the works were a muted collection of simplicity, but the more I studied the works, the more I was overwhelmed at their aspects of color, the juxtaposition of the works, and the overwhelming sense of permanence I felt when sitting among these works. I was drawn into their immense size, wealth of subtle colors and scale of proportions that reflected the various moods created by light, water, sky, and nature, as they all worked together to create a sense of serenity and eternal feeling. It slowed me down to a point to where I had to sit and observe, and allow myself to see the detail throughout each painting. The simplicity yet complexity of the works drew me to them and left a permanence in my mind’s eye. The fact that they were located in a room which seemed built especially for these large works, allowed them to be seen as a reflection of each other, in a way enhanced the experience for me. As I observed, I noticed more and more layers of paint on the works, which showed a tremendous amount of effort that went into the work. Done in impressionist pastels, with a study of a pond dotted with reflections of water lilies, poppies, sky, grasses, and trees, reminded me that the more we look at even the most simplistic things, the more complex they are. The simplicity is reminiscent of the style of Japanese art with a harmonious relationship between man and nature, with each complementing each other. In this case, there were no men or human structures in the paintings, as we were meant to be the human element of the works, and almost become part of the painting, as we are filled with a sense of serenity, color, nature, and calmness. The muted lighting, subtle colors, reflections of sky--and of ourselves- allows the viewer to become part of that Giverny landscape-- part of Monet’s eternal world. The pure simplicity of the works, but the hidden complexity of the brush strokes, depth and layer of colors, echoes the haiku of the Japanese poet, Matsuo Basho. As with Monet, his haiku are simple on the surface, but the artist draws the observer in with hidden complexities and depth of meaning and complexity of nature and human existence. As Monet uses the stroke of a brush to reveal his emotional depth and feeling, Bashu uses the written word to paint his canvas of emotion and searching of the human soul. Simplicity means complexity in both artists’

Very womanly in behavior Essay Example for Free

Very womanly in behavior Essay Lina Wertmuller’s Swept Away original full title in Italy â€Å"Travolti da un Insolito Destino Nell Azzurro Mare dagosto† which means â€Å"By an Unusual Destiny in the Blue Sea of August†. The main setting of the movie was basically the ocean and the island where the two lead characters where stranded. The setting in the movie reflects a lot about the temperaments of the characters. It didn’t serve just a simple background but also speaks for itself and consequently telling a story. The vast blue ocean symbolizes power and beauty of Maria Angela Melato’s character. She is rich and beautiful. Just like the ocean, once you are under her vastness and beauty you cannot do anything but to sail by her command. The ocean is beautiful but also full of wrath. By a mere look, it is hard to predict what the ocean can do. It can destroy huge ships in a blink of the eye or it can give you a smooth cruise experience when it is serene. Very womanly in behavior. On the other hand, the island symbolizes domination. Whoever has access to resources dominates. As a matter of fact, that is exactly what happened to the characters of Giovanni and Maria Angela when they got stranded in the island. Since the character Maria Angela grew up rich and spoiled, she was not oriented to labor and hardship. However during her stay in the island she had to follow whatever the character of Giovanni wants since he has the resources. There were scenes in the movie when Maria Angela had to wash Giovanni’s clothes in exchange for food. In general, as aforementioned, the setting of the movie tells a story. The romantic sceneries of the dusk and dawn in the ocean view are very endearing. Somewhat telling that however wrathful a character something, there comes a point when it calms down shows love.