The Positive Impact of Technology on Education Essay

The Positive Impact of Technology on Education Today, technology is found everywhere in education.There are computers in many of the classrooms and schools contain computer labs, or at least numerous computers in the library available to students. In my paper, I want to discuss some of the positive and negative effects that technology has on education. Throughout my schooling, I’ve seen technology go through different stages of importance in education.When I was in elementary, I remember seeing maybe one computer in the whole school.Moving to middle school, each classroom had around two computers for students to use.The library had a small computer lab where computer classes were held and students could sign up to use them.High†¦show more content†¦It’s beneficial for students to gain some experience with computers before going to college or into the workforce.Computers are used virtually everywhere and not knowing how to use one or having a poor skill level can be a determining factor when looking at job applications and such. Evidence shows that when used effectively, technology applications can support higher-order thinking by engaging students in authentic, complex tasks within collaborative learning contexts. Many schools are beginning to invest more money into technological advances and/or starting more classes based on the use of computers. One of the major drawbacks of this is the cost. Computers and software are something that is constantly being updated, and it gets extremely expensive to be continuously buying new computers and programs.Another problem could be the teacher’s own inexperience.I had a few throughout high school that were convinced that computers were the devil and refused to use them.I know in some cases, teachers are required to take small courses so they at least know the basics like the students. New plans for student achievement such as ‘Closing the Gap’ are based on three key factors:the type of technology, the assessment of student achievement, and the changes in the classroom that relate to other educational factors.This third factor is pretty interesting.Because of the complexity of the educational environments, it’s pretty much impossible to change oneShow MoreRelatedPositive helpful Technology Essays1044 Words   |  5 Pages Our technology has led to the advancements in the health industry making it easier for sick people to get the treatment they need. Technology use being taught to children is a positive use for the future of education and is necessary for students to succeed in the world, with this education it enables them to be better prepared for the world that awaits them when they enter college and work force. Even the environment is impacted when we stop to take the time to research the things we use likeRead MoreImpact of Technology on Education1146 Words   |  5 Pages------------------------------------------------- Positive Impact of Technology on Education Technology plays a very important role in the field of education, especially in this 21st century. In fact, computer technology has become easier for teachers to transfer knowledge and for students to obtain it. The use of technology has made the process of teaching and learning more convenient. Talking in a positive sense, the impact of technology on education has been extraordinary. Using Internet and computersRead MoreThe Impact Technology Has On A Student/Is The Use Of Technology1367 Words   |  6 PagesThe Impact Technology Has on a Student/Is the Use of Technology in a Classroom Good? Technology has changed student productivity in a good way. Over the years, technology use has increased in the classroom, and it has changed the way students work. Recently, numerous schools have started to implement technologies such as iPad’s, Smart Boards, and other devices into their curriculum to help the students and increase productivity. Effectively, technology has expanded the way classrooms functions. TechnologyRead MorePositives And Negatives Of Technology1037 Words   |  5 PagesThe purpose of this research is to identify the positives and negatives of technology. Those positive and negatives include healthcare, jobs, education, and the environment. The aspects of technology are rapidly changing forcing us worldwide to adapt to those changes. The study concludes that technology could harm out environment with possible pollution in the air and could potentially lead to job loss in the future. The larger technology becomes workers are increasing their productivity, but medianRead MoreImpacts of Technology Dependency on the Academic Performance of Usls Students1490 Words   |  6 PagesCHAPTER 1 INTRODUCTION Technology is a gift of God. After the gift of life it is perhaps the greatest of Gods gifts. It is the mother of civilizations, of arts and of sciences. - Freeman Dyson Technology plays an important role in every sphere of life. It has certainly changed the way we live in different aspects of life and redefined living. Several sectors like medicine, warfare, transportation and navigation, business, economy, and even in education particularly in science and mathematicsRead MoreTechnology And Society : Impact Of Technology On Society1511 Words   |  7 PagesIntroduction Technology has impacted people, businesses and society as a whole. The roles that technology has played on communication, business and education have been more than impactful. As the power of computers continue to increase with help from databases, social networking and businesses, it adds an increase to office productivity compared to using typewriters, and filing cabinets. Although there are plenty of good things about technology, the way we use it determines if it impacts are positive to theRead More21st Century Classrooms Essay1377 Words   |  6 PagesIn education today there is the view to link educational strategies, programs, initiatives, or technology to student achievement. There are many groups and organizations that are advocating for increased technology literacy. Generally in all aspects of our society, technology has revolutionized and in many ways simplified while enhancing our way of life. It is no surprise that the public expects that technology should have a simi lar effect on education. Over the past 20 years there have been so manyRead MoreThe Positive And Negative Effects Of Technology In The Classroom959 Words   |  4 Pagesthey’ve introduced technology into classrooms. More than anything, people question how much technology helps a student, as well as whether or not it actually hinders their learning. Both positive and negative effects have made themselves present, and both are continuing to grow in number. Whether liked or not, technology is a large part of today’s world, and people will only continue to use it as it grows. In classrooms today, both positives and negatives result from the use of technology, as well as fromRead MoreTechnology Is Changing The Way We Live872 Words   |  4 PagesTechnology is changing the way we live as humans and it will continue to. It changes the way we understand our surroundings and how we interact as humans with one another. It influences our modern life in many ways and as it keeps advancing many are wondering if we can keep up. These effects are positive, negative or sometimes even both. Technology impacts everything, but it has a large impact on the future of the environment, education, our health and jobs. The future of technology is moving atRead MoreImpact Of Technology On Society1007 Words   |  5 PagesResearch Essay: Impact of technology in our society There is no doubt that technology has been bettering the way that we learn and makes it more enjoyable and easier than ever. No more fear from going to school early, meet teachers and waste time looking for books on large library shelves. Nowadays with the modern technology people save time, money and energy. They can do a vast number of important things in brief time, with a simple click even while staying in their beds. Of course, not everything

Comparison of Brave New World and Childhood - 1865 Words

Comparison of literary elements of Brave New World and Childhood’s End Ever wonder what is awaiting the human race in the future? Aldous Huxley once said, â€Å"There are things known and there are things unknown, and in between are the doors of perception† (â€Å"Aldous Huxley†). And the doors of perception are exactly what the readers will walk through while reading these two intricate and imaginative novels. Arthur C. Clarke, Childhood’s End, and Aldous Huxley, Brave New World, definitely express their extremely insightful projection of mankind’s future that has stirred much controversy among readers. Although these books were written by different authors, they have a great deal of similar concepts that provide an idea of what the future holds.†¦show more content†¦The people from Childhood’s End have a stabilized economy, to the point where there is no more poverty, and machines replace workers for more efficiency, â€Å"Production had become largely automatic: the robot factories poured forth consumer go ods in such unending streams that all ordinary necessities of life were virtually free. Men worked for the sake of the luxuries they desired: or they did not work at all,† (Clarke 64). As a result of that, people have more time and money for leisure, knowledge, and thinking. Also, there is a difference in the amount of emotional and social freedom. For example, in Brave New World,â€Å" ‘Fortunate Boys!’ said the controller. ‘No pains have been spared to make your lives emotionally easy ­to preserve you, so far as that is possible, from having emotions at all!’,† this contrasts the way of life in Childhood’s End because these people have been conditioned to have no emotions, no strong bonds and relationships, no romance or monogamy, no family life or religion  ­ all manipulated without choice with the process of sleep ­learning called Hypnopaedia (Huxley 45). For example, â€Å"‘Sleep teaching was actually prohibited in Engl and. There was something called Liberalism. Parliament, if you know what that was, passed a law against it. The records survive. Speeches about liberty of the subject. Liberty to be inefficient and miserable.Show MoreRelatedThe Social and Political Attitudes of Brave New World1373 Words   |  6 Pagesspeech, or happiness in general? In the novel Brave New World by Aldous Huxley, there are many different attitudes portrayed with the purpose to make the reader think of the possible changes in our society and how they could affect its people. Brave New World is an unsettling, loveless and even sinister place. This is because Huxley endows his ideal society with features calculated to alienate his audience. Typically, reading Brave New World elicits the very same disturbing feelings in theRead MoreGeorge Orwell s Brave New World938 Words   |  4 PagesComparison of Two Governments What are the main differences and similarities in how the government in the novel 1984 and the government in the novel Brave New World control the citizens of their society? Both government are tyrannical types of governments with total control over their people. The two novels have many differences and similarities in the methods the government uses to control the people, they use methods such as psychological manipulation, torture, emotional oppression, and t. TheRead More The Dystopian Society Depicted in Brave New World, V for Vendetta, and Handmaids Tale923 Words   |  4 PagesIt is commonplace for individuals to envision a perfect world; a utopian reality in which the world is a paradise, with equality, happiness and ideal perfection. Unfortunately, we live in a dystopian society and our world today is far from perfection. John Savage, from Brave New World by Aldous Huxley, V, from V for Vendetta by James McTeigue and Offred, from The Handmaid’s Tale by Margret Attwood, are all characters in a dystopian society. A dystopia is the vision of a society in which conditionsRead MoreDystopian Society: Comparing Brave New World and 1984 Essay1705 Words   |  7 PagesDystopian Society: Comparing Brave New World and 1984 Different societies have risen and fallen in the continual search for the â€Å"perfect† society. The definition of this utopia is in constant flux due to changing times and cultural values. Many works of literature have been written describing a utopian society and the steps needed to achieve it. However, there are those with a more cynical or more realistic view of society that comment on current and future trends. These individuals lookRead MoreDystopian Society -Compare Contrast Brave New World and 19841686 Words   |  7 Pagestrends. These individuals look at the problems in society and show how to solve them with the use of control and power. Such a society is considered undesirable and has become known as dystopian society. In the books 1984 by George Orwell and Brave New World by Aldous Huxley, both authors depict a dystopian society with some disturbing similarities. Orwell and Huxley each emphasize the use of power to control the masses. This power is always situated with a small group of individuals that uses itRead MoreAnalysis Of Khaled Hosseini s The Kite Runner 1017 Words   |  5 Pages Kite Runner Comparison Essay In Khaled Hosseini’s The Kite Runner, several major themes arise. One of the most pronounced theme is the idea of redemption for ones past wrongdoings. The protagonist, a wealthy envious Afghan boy named Amir, retells the traumatic story of his childhood. Once readers learn of his past, they realize the issues he experienced and the events that came into play in the forming of the plots format, from one meaningful quote Hassan says â€Å" for you a thousand times over†Read More`` Brave New World Of Digital Intimacy ``986 Words   |  4 Pageswho grew up with online friends because they spent most of their childhood indoor playing games and meeting people online. In Wall-E, all the humans do up in space is stare at a large screen projector. In fact, they are so invested in technology that they do not acknowledge the existence of those around them. There is not a single character who takes a moment to speak to another human sitting right beside them. In â€Å"Brave Ne w World of Digital Intimacy†, Thompson declares â€Å"And when they do socializeRead MoreComparing Essay- Miri Regev And Shulamit Aloni916 Words   |  4 PagesComparison Essay- Miri Regev and Shulamit Aloni Shulamit Aloni and Miri Regev are two powerful and significant Israeli political figures from opposing sides of the political arch. Aloni had defined herself as Radical liberal or Radical-social democrat while Regev is a Right Wing-Nationalist. Aloni started her Political career at Hamaa rach and was one the cofounders of the left wing party Meretz. Regev is a member of the Likud party. This comparison enables us to see the success of twoRead MoreSocialization And Social Control Of Adolescents1130 Words   |  5 Pagesconsequences that such behaviors have on their life. Two types of socialization can occur during childhood (e.g., primary socialization) or throughout the life of an individual (e.g., secondary socialization). In this paper, I want to focus on the second type of socialization due to both books characters are developed in institutions where their identities are shaped as a response to the adaptation to new roles and group in different social situations such as being a student, in prison, or belongingRead MoreAnalysis Of The Kite Runner By Khaled Hosseini1422 Words   |  6 Pageshowever Amir takes advantage of Hassan’s illiteracy, and often provides Hassan false information resulting in Hassan talking rubbish (Hosseini 14). The deceiving quality of Amir came back to bite him later in the book. The defining moment of Amir’s childhood came during the annual kite flying tournament held in his local neighborhood. Amir’s father had always wanted him to win the tournament, and that year he had finally won it. However, wi nning was not important in the neighborhood, whoever had fetched

A Description of the PDA Psychometric Test Free Essays

What is the PDA Psychometric Test? PDA is a psychometric test that through a simple, precise and scientific method allows us to discover and analyze people’s behavioral profiles. It also allows us to evaluate the behavioral requirements of a job and generate detailed compatibilities that apply to the different Human Resources processes. The PDA test does not qualify behavioral profiles as â€Å"good or bad†; it describes the evaluated individual’s behavioral characteristics. We will write a custom essay sample on A Description of the PDA Psychometric Test or any similar topic only for you Order Now In the case of generating a study of compatibilities between a person and a job description, it simply describes and provides details on the strengths and weaknesses. Back to Menu Who uses the PDA test? This psychometric evaluation can be beneficial to: * People: in order to understand their strengths and weaknesses to get a better job, to become better at their current job, to improve their relationship with colleagues, superiors and or/collaborators. * Entities: to identify, develop and/or retain talent. This tool is utilized by most of the leading companies ranked on Great Place to Work. * HR consulting entities: Incorporate a new product into your portfolio, add value to your services, and generate consulting projects based on the psychometric behavioral test. Back to Menu What information does the PDA provide? Through the PDA psychometric test ou can quickly go online to obtain: * A person’s behavioral profile description, detailing (press here to see an example): o Leadership style o Decision-making style o How to lead this person to success o Persuasive skills o Analytical skills o Sales skills o Motivation level o Main skills and strengths o Areas of improvement * Individual and / or group compatibility between one or more individuals and a job. Individual and or group compatibility between one or more individuals and your company’s competences. Back to Menu How does the PDA Report contribute to the professional growth and development of an individual? The complete PDA report will help you to know yourself better and to identify what are your main strengths and weaknesses. At the same time, it’ll allow you to objectively identify the skills you need to maximize your potential. If you are currently interviewing or l ooking for a better job, the complete PDA report will help you to†¦ †¢ Research strategically Interview successfully †¢ Emphasize skills and strengths †¢ Feel confident †¢ Find a job that matches your â€Å"natural† characteristics †¢ †¦other benefits â€Å"From all the possible knowledge, the wiser and more useful is to know yourself† – William Shakespeare. If you are currently working, the complete PDA report will help you to†¦: †¢ Understand and improve your leadership skills †¢ Effectively develop your skills and strengths †¢ Improve your relationship with your colleagues †¢ Plan self-improvement †¢ Understand difficulties with team members †¢ †¦ among many other benefits The key to negotiate with others effectively is to manage you first. The better you know yourself, the better you can relate to others, from a confident, secure and strong position† – Hendrie Weisinger. Back to Menu Does the PDA have theoretical support? The PDA test is a powerful tool with more than 50 years of studies based on different theories and statistics. It is certified for its application in Latin America. The PDA test is based on a model with 5 pillars that measure the following dimensions and their intensities: †¢ Results oriented †¢ People and negotiation oriented Details oriented †¢ Conformity to Rules †¢ Autocontrole emocional The PDA test is based on the following theories: 1) William Moulton Marston’s personality structure 2) Self consistency theory 3) Perception Theory 4) Semantic Study Back to Menu Similarities and differences with DiSC Many evaluation tools are based on the concepts of Emotions of Normal People developed by Marston. These tools were created with emphasis on the advantages and benefits that such methods contributed to the military and working environment. The first generated tools were called â€Å"pure† (PDA). From its first applications the tool manifested its enormous contribution due to the quantity and quality of information. However, the process was extremely slow and complex. It would take 2 hours from the moment the individual finished the evaluation until the analyst was able to produce the results. In the late 60’s, Dr John Greier, from University of Minnesota, modified Marston’s model with the intention to simplify the process and that was the beginning of what we know today as DISC- Which is nothing more than a simplification of Marston’s model. Greier’s simplified version changed the original questionnaire and even though the process took less time to interpret the result, much of the valuable information was lost. Some of the key information missing from Greier’s model is: †¢ Intensity Axis: Measures the intensity of each behavioral tendency. †¢ Profile intensity: Measures how â€Å"faithful† the evaluated person is to his or her behavior. It assesses the flexibility/rigidity level of the person evaluated. †¢ Energy level: Measures the level of energy available. Provides better understanding of the motivation and stress level. Consistency indicator:Measures the information’s consistency and quality level. †¢ Self control Axis: the 5th axis measures the individual’s capacity to control impulses and emotions, related to â€Å"Emotional Intelligence†. Already in the 90’s, with the possibility of every Human Resources employee having their own computer, inter net connection, and the possibility to systemize the process of loading the forms and automatically issuing graphs and reports, resurfaced the many benefits that the â€Å"pure† tools offered to companies over the simplifications provided by the DiSC model.. How to cite A Description of the PDA Psychometric Test, Essays

Prevent Insolvent Trading Guide Directors †Myassignmenthelp.Com

Question: Discuss About The Prevent Insolvent Trading Guide Directors? Answer: Introducation When a person, be it an organization or an individual, fails in making payment of their debts, which was owed by them to other, it refers to the situation of solvency. When a company becomes insolvent, it is not able to pay the dues owed to its creditors, government, or to any other stakeholder of the company. The most common forms for a companys insolvency are the balance sheet and the cash flow (Omar, 2017). In balance sheet insolvency, the company does not have the require assets which is needed for paying the owed debts. And in the cash flow insolvency, the company does have the required assets but does not have it in the right form to pay the debts. In order to safeguard the company against insolvency in the nation, the directors have been given some duties, particularly the one related to not trading in such situation where the company is already, or can become insolvent, as a result of undertaking the transaction. The Australian Securities and Investments Commission, herein re ferred to as ASIC, plays a key role, along with other statutory bodies, regarding insolvency of a company (Keay, Murray and Harris, 2013). This essay revolves around the feature and characteristics of company insolvency, with the specific reference to director duties. Along with this, the statics related to insolvency have also been highlighted, to present a true figure of the situation of insolvency, as is present in Australia. As was stated in the introductory segment, an insolvent company is not able to pay their debts, as and when they fall due. For a corporate insolvency, there are three general processes, i.e., the receivership, liquidation and voluntary administration. Insolvency is not something which just crops up suddenly one fine day. There are clear signs which show that the company is about to become insolvency. These signs usually are in terms of the financial difficulty being faced by the company (ASIC, 2014a). ASIC has highlighted different signs which depict that the company is about to be insolvency. These include the company being put on cash on delivery terms by the suppliers, company issuing post dated cheques, company cheques being dishonoured, continued losses and poor cash flow, creditors being unpaid even after grace periods, rising amount of debts, not being able to raise funds from shareholders or from banks, effectively having a problem in raising the needed finances, no business plan, loans not being able to be recovered from the associated entities, unpaid superannuation liabilities and taxes, relying on success of next initiative, overdraft limits being crossed and disputes in the management or with suppliers (ASIC, 2016). Where the directors feel that the company is having some difficulties, particularly related to its financial position, they need to go forward with legal, as well as, accounting advice as soon as is possible for them, so that the timely actions can be undertaken and the survival of the company can be ensured. Not seeking a timely advice can prove costly for the company, as the company might reach a situation, from where there is no coming back. In this regard, the best option is to involve an insolvency practitioner as they are experts in their field and know how to save a company from its insolvency position. There is also a need for a solvency view of the company to be undertaken for outlining the options which the company can use for improving its situation. By undertaking this review, the company can make the most suitable decision for the future. And it is significant that during this time, the company takes no further debts (ASIC, 2014b). The directors of the company have the responsibility of running the affairs of the company on behalf of shareholders. They have also been granted different duties through Corporation Act, 2001s different sections, which is an act of commonwealth. As per section 588G of his act, the directors have a duty to prevent insolvent trading. In this regard, section 588G(1) states that the directors need restrict themselves from undertaking any more debts, particularly when undertaking such debt would make the company insolvent, or where the company is already insolvent. Under section 588G(2) of the Corporations Act, an individual would be deemed to have contravened the provisions covered in subsection 1, when they undertake the debt when they had reasonable grounds to suspect about the position of the company as would be done by a reasonable individual. Under section 588(3), criminal liability is imposed over such individuals who fail to fulfil the conditions covered under subsection 1, with dishonest intentions. For the purpose of making a case for violation of this section, an application can be made to the ASIC, who can initiate the case against the violating director (AICD, 2014). The limit of penalty for breach of this section, under civil liability is covered under section 1317G and is stated to be Australian $200,000. An example of using this section is the case of ASIC v Rich [2003] NSWSC 328, in which both pecuniary penalties and disqualification was sought out by the ASIC (Walker, 2012). The directors, as has been stated earlier, work on behalf of the shareholders, so they owe a duty towards them, whereby they need to adhere to both statutory and common law. Apart from them, in cases of insolvency, the directors owe a duty of care to the creditors also, and to the employees, where their entitlements are unpaid. Kinsela v Russell Kinsela Pty Ltd (in liq) (1986) 4 NSWLR 722 is a leading example of duty being owed to the creditors (CCH Australia Limited, 2017). They also have a duty to properly keeping the records and the books (ASIC, 2014c). Hence, there is a need on part of the directors to make certain that the financial records are maintained properly and a true financial position, along with performance of the company is reflected. Where it is assumed that company is insolvent, the directors need to explore the different options, which include changing company activities, restructuring company, external administrator appointment or refinancing (ASIC, 2014b). Liquidation of the company can be undertaken voluntarily or through appointment of liquidator or receiver. In voluntary intervention, the process of liquidation is started by the company members after passing a resolution of the board to wind up the company and to appoint a liquidator. In such situation, the members of the company, along with directors, can mutually decide the liquidator of the company. Even the employees can apply for a company to be wound up by applying for a voluntary or court liquidation (ASIC, 2017b). The creditors can also apply for liquidation when their debts remain unpaid for a long period of time, by applying to the court for winding the company up. For this, there is a need of local court or district courts judgment and also depends upon the outstanding amount of debts. Once the application succeeds, an official or provisional liquidator is appointed by the court of law (CRS Insolvency Services, 2014). Instead of opting for winding up of the company, it is preferable to opt for restructuring, refinancing or changing the company activities. This can be done by the company moving its focus to a different activity, which is similar to the core business of the company. Also, in place of creditors winding up, the more favourable option is to go for administration, or voluntary arrangements. This is due to the fact that the liquidation process remains in control in these options and also, different stakeholders are stopped from making any action against the company. The objective in cases of administration is to save the company as a going concern and to stop the creditors from making an action till the time the administration of company continues (Invest Northern Ireland, 2017). On quarterly basis each year, the ASIC presents insolvency statistics. The June 2017 quarter showed that 28% more companies opted for external administration in this quarter as compared to the figures of June 2016. And in comparison to March 2014 quarter, the appointments were raised from 1,717 to 2,198. Though, the sum of quarter in comparison to previous year saw a decline of 3.6% were the value for the last year was 2,283. For June 2017 quarter, the court liquidations showed a value of 634, receiverships stood at 156, voluntary administration depicted the value of 309 and the voluntary liquidations of the creditors contributed to 1,098. The ASIC have also been bifurcated on the basis of each state and the stats of each state have been compared with each other. As per the data presented by the ASIC, in every state, there was a rise in the court liquidation appointments and this figure grew 25.5% across the nation. Apart from this, there was also a rise in the director started windi ng up by 35.9%. The voluntary administrations were raised by 4.4% and the receiverships saw a rise by 45.8% (ASIC, 2017a). There are different topical insolvency issues for each company operating in the nation. Included in these are the reporting requirements which the auditors of company have to follow and which have been imposed by ASIC. The security issues include the attacks which are on the charges, as registration of charges and voidable transaction (Quinlan, Fleming and Popkin, 2004). The third party payment, or the payment made as a bank guarantee or under a letter or credit, can lead to unfair preferences in particular situations, which is the major topic issue faced by the companies, specifically those who have predominant work in the financial sector. Other topical issues include the element of unconscionability and the duties and responsibilities of company directors (Allens, 2004). To better elucidate upon the topical issues, reference can be made to the decision given by the Federal Court in Australian Building Systems Pty Ltd v Commissioner of Taxation [2014] FCA 116. This case provided that the liquidators do to have a duty to pay tax regarding the proceeds obtained from the sale of property, which was owned by the company before it went into liquidation, when the assessments of tax were not used. Though, Justice Logan belived that a prudent liquidator would anyways retain such amount, till such time by which these assessments are issued by the Commissioner. The inconsistency of this decision with the draft tax determinations of TD 2012/D6 and TD2012/D7 released in Commissioners private ruling makes this issue topical (Piper Alderman, 2014). A key role is played by ASIC in company insolvency and the issues surrounding it, especially when it comes to initiating a case against the director of the company for a breach of section 588G. ASIC is not only a regulatory body, but also has to fulfil guiding role. And in this regard, ASIC issued Regulatory Guide 217 back in July 2010 in which the company directors have been guided the manner through which insolvent trading can be prevented. The company directors, as per this guide, have to stay informed about the affairs and financial position of company at all times; they have to take professional help in case they feel financial difficualties are beingf aced by the company, in a time based manner; and they also have to assess solvency of the company in a regular manner and to investigate about the financial difficulties. In this way, the regulatory body becomes a guide which can help the companies in insolvency situation (ASIC, 2010). In the preceding parts, an effective analysis was carried on the different aspects of insolvency of companies in Australia. In this regard, the role of ASIC and directors of the company was predominately analysed, where the manner in which the duties are imposed on directors to safeguard the company from insolvent trading was highlighted. The discussion also touched the different manner in which a company can be insolvent. The directors have an important role when it comes to protecting the company from insolvency and even after the company has become insolvent. The stats presented by ASIC clearly highlight that the number of liquidation of company is rising. So, the guidelines given by ASIC become more important, and the significance of the role of directors is raised, for protecting the company from insolvency situation. References CCH Australia Limited. (2017) 1986 Cases. [Online] CCH Australia Limited. Available from: https://www.iknow.cch.com.au/document/atagUio386725sl10541569/kinsela-anor-v-russell-kinsela-pty-ltd-in-liq [Accessed on: 15/09/17] AICD. (2014) Insolvent trading. [Online] AICD. Available from: https://aicd.companydirectors.com.au/~/media/cd2/resources/director-resources/director-tools/pdf/05446-6-3-duties-directors_insolvent-trading_a4-web.ashx [Accessed on: 15/09/17] Allens. (2004) Restructuring Insolvency. [Online] Allens. Available from: https://www.allens.com.au/pubs/insol/pap2dec04.htm [Accessed on: 15/09/17] ASIC. (2010) Duty to prevent insolvent trading: Guide for directors. [Online] ASIC. Available from: https://download.asic.gov.au/media/1241384/rg217-29july2010.pdf [Accessed on: 15/09/17] ASIC. (2014a) Insolvency. [Online] ASIC. Available from: https://asic.gov.au/regulatory-resources/insolvency/ [Accessed on: 15/09/17] ASIC. (2014b) Directors - What to do if company in financial difficulty. [Online] ASIC. Available from: https://asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/directors-what-to-do-if-company-in-financial-difficulty/ [Accessed on: 15/09/17] ASIC. (2014c) Directors - What are my duties as a director?. [Online] ASIC. Available from: https://asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/directors-what-are-my-duties-as-a-director/ [Accessed on: 15/09/17] ASIC. (2016) Directors - Is my company in financial difficulty?. [Online] ASIC. Available from: https://asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/directors-is-my-company-in-financial-difficulty/ [Accessed on: 15/09/17] ASIC. (2017a) Corporate insolvencies: June quarter 2017. [Online] ASIC. Available from: https://download.asic.gov.au/media/4410590/201706-june-qtr-2017-summary-analysis.pdf [Accessed on: 15/09/17] ASIC. (2017b) Liquidation: A guide for employees. [Online] ASIC. 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