Sociology of Families Annotated Bibliography Example | Topics and Well Written Essays - 1250 words

Sociology of Families - Annotated Bibliography Example The author’s use event history models based on dependent and independent variables to understand influences of race and ethnicity. Conclusion: The authors found that children born to cohabiting versus married parents have over five times the risk of experiencing their parents’ separation. The difference in union stability is highest for White children, as compared with Black or Mexican American children. For White children, other factors such as differences in parents’ education levels, paternal substance abuse, and prior marriage or children report higher instability than by those born to cohabiting parents, while differences in union stability are not fully rationalized among Black and Mexican American children. The results of study are important for public policies intended to promote family stability and reducing inequality. The authors study the racial differences in educational outcomes such as college attendance as a result of the differences found in family structures and socioeconomic status across an array of racial and ethnic groups. The authors ponder upon the question of how racial background matters in an educational context. Charlesa, C. Z., Roscignob, V. J., & Torresa, K. C. (2007). Racial inequality and college attendance: The mediating role of parental investments. The authors study the racial differences in educational outcomes such as college attendance as a result of the differences found in family structures and socioeconomic status across an array of racial and ethnic groups. The authors ponder upon the question of how racial background matters in an educational context. Research Methodology: Upon literature review of prior research on family stratification, parental investments, racial disparities in wealth concentration, the authors set a hypothesis that group differences in college attendance emanate largely from economic stratification at family level. After setting the hypothesis, the authors draw analysis from four waves data of National Educational Longitudinal Survey (NELS) to understand how parents make economic, social and cultural investments during early and later high school experience. The longitudinal data of 13,699 adolescents is analyzed, by first examining the racial differences in family background and the extent to whic h they pattern gaps in potentially influential parental investments and then by creating investment models. Conclusion: The results of their analysis proves author’s hypothesis that racial inequalities in class background shape disparities in cultural, monetary, and parental interactional investments. Background inequalities, and their implications for early and later family investments and achievement/attainment, explain why minority-group parents are less likely to discuss college plans or be more involved in planning their child’s future. Also, most investment differences are driven by family’s socioeconomic status and structure. Published Article #3: Fomby, P., & Cherlin, A. J. (2007). Family Instability and Child Well-Being . American Sociological Review , 72 (2), 181-204. Purpose of Research: The authors aim to study children’s behavioral and cognitive development in the context of family history such as multiple transitions in family structure and

IFRS 15 Revenue from contracts with Customers Essay

IFRS 15 Revenue from contracts with Customers - Essay Example In addition, discussion of the key elements of the IFRS 15 and challenges facing entities will be undertaken. In conclusion, potential improvement in global performance reporting as a result of implementing the IFRS 15 will be identified. According to Wagenhofer (2013), effective and comprehensive revenue recognition framework plays a pertinent role in the provision of financial information to capital markets and facilitation of performance evaluation. Wagenhofer (2013) therefore noted that the information of revenue was important for the following purposes; informing capital providers, facilitation of performance evaluation and in the management of earnings. Revenue information underpins the effectiveness of the decision-making framework of capital providers (Holt 2013b). Information on revenue provides the basis of performance measurement by major companies thereby serving as the fundamental indicator of the financial status of the company. McConnell (2014) noted that the reporting on revenue provides the company’s financial information that includes gross income, gross profit and net income. Vis a vis, revenue provides capital marketers with vital valuation information within a given period. Assessment of t he revenue by financial analysts provides information on the size of the company and the trajectory of the growth pattern of the company. Additionally, revenue enables financial analysts to project future performance and growth of the company based on financial records such as market demand for the goods and services of the company. Therefore, comprehensive revenue information adequately advices investors and financial analyst on the current status of the company. Revenue information is further crucial in the management of the operations of a company. Revenue serves as a key tool in the evaluation of the performance of a company. According to Holt (2013c), most companies are guided by the statistics of their revenue in setting performance