The Impacts of Digital Technologies on the Political Economy of the Essay

The Impacts of Digital Technologies on the Political Economy of the United States Movie Industry - Essay Example On the other hand, new movies by established film producers draw attention even before they are officially released to the market. As a result, the independent film makers have resorted to digital technologies and social networking sites to promote and distribute their movies. Owing to the current situation, this research paper investigates the benefits and challenges which are experienced by independent film producers whenever they are using the latest digital technologies to promote and distribute their films to their fans. The paper would emphasize the impacts of digital revolution on the independent filmmakers’ ability to reach international consumers. The role of technology in the film industry cannot be ignored. Technology changed the operations and activities of the film industry in a major way, altering the way people interacted, the nature of the operations, and the marketing strategies for the films. However, the specific area of film affected has always been debatable with researchers focusing on the social aspects of the technological effects. Focus on the political aspect of the film industry environment is important as it helps create even more insights for the people. Kim et al 194 states that the digital technologies in the United States of America have enhanced communication and modernization in most of the sectors. In the film industry, the digital technology has yielded both positive and negative results in equal measure. Digital technologies have reduced the live shows for the films. Most of the films are bought on digital media instead of people attending the live shows (Kim et al 194). According to Kim et al 194, the purchase of the films on digital media is enhanced by a number of factors. First, the ability to produce digital storages like hard drives has enhanced the portability of the films making people to buy and use them in home appliances. More so, the development of digital transmission in the United States of America has

Accepted Accounting Principles related to Health Care Essay - 1

Accepted Accounting Principles related to Health Care - Essay Example Inother words, it separates the business from its owners and treats it as an economic unit. Only assets, liabilities, and owners equity related to the group or organization are on one financial statement. If there are sub entities, the financial records of these entities are maintained separately. The second principle is the going - concern concept which is a presumption that the group or organization will be running in the future and will not be liquidated in the next 12 months. It is a very concept in case of healthcare business because hospitals, nursing homes, etc. which do not intend to stay in business the net realizable value of the asset may be not ascertained and could be sold at a much higher price than they worth at the moment of sale. The third principle is the matching principle which is a combination of cash accounting and accrual accounting. The matching principle and cash accounting states that revenue or expenses are recognized only when the organization receives cash or pays cash. For example, medical equipments are recognized in the books of accounts only when the cash is paid out in entirety. The problem therefore is, all transactions that are not done on a cash basis and not done in the same accounting year are not recognized which gives a deceptive picture of what actually occurred a respective accounting year. On the other hand, when accrual accounting is done this gives the actual as to what occurred in that year. An example of this is if an organization provides care for a patient but does not receive reimbursement until the following year but the funds will be documented on the year the patient was cared for. The fourth principle is known as the historical cost principle and states that the cost of a resource is what the organization pays to receive the economic need. Historical cost does not reflect the current market valuation of the asset. Therefore the problem with the cost principle for example is if a hospital pays twenty