Essay Samples Secrets

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Can We Prove God Exists Essay - 562 Words

Philosophers, whether they are atheists, or believers have always been eager to discuss the existence of God. Some philosophers, such as St Thomas Aquinas, and St Anselm, believe that we have proven that God exists through our senses, logic, and experience. Others such as Soren Kierkegaard, and Holbach, feel that we will never have the answer to this question due to our human limitations, and reason. The believer tends to rely on faith for his belief, and claim they do not need proof in order to believe in the Gods existence. The atheist however, tends to lean more towards common sense and reason, such as science, or the theory of evolution for an answer. The determinalist for example believes that all actions are caused by nature,†¦show more content†¦Without this premises his argument would fail. It must be agreed to, because it is a true statement. You do not have to believe in God in order to agree to these Premises. In agreeing to these first premises, St Anselm forces you to admit that God does exist in reality because his premises support his conclusion. St. Anselms Theory is that if God is that which nothing greater can be conceived, the idea of God must exist, if only in the mind. To exist in reality is greater than existing in the mind (idea). Therefore God, being that which nothing greater can be conceived must exist in reality. All his premises support his conclusion, creating a valid and sound argument proving that God must exist. Many still argue that neither one of these arguments prove Gods existence, because it is impossible for our reason to accept them. In Soren Kierkegaards argument Faith, not Logic is The Basis of Belief, he argues that it is impossible to prove Gods existence because it is beyond our reason as human beings to do so. Kierkegaard classifies the word God under the word unknown. It is impossible for reason to know the unknown, so it is impossible to know, or prove God exists. Kierkegaard also claims that reason on its own does not attempt to prove God exists, he claims that it would be foolish to do so. It would be foolish to do so because reason is from existence, not towards it. Therefore if God does not exist, it would be impossible to prove he does,Show MoreRelatedThe Meditations On First Philosophy By Rene Descartes916 Words   |  4 Pagesabout doubt. Descartes describes his method of doubt to determine whether he can truly know something. One of his major arguments is the proof of the existence of God. In this paper, I will attempt to unravel the flaws in Descartes proof that God exists. In the meditations, Descartes evaluates whether or not everything we know is a reality or a dream. Descartes claims that we can only be sure that our beliefs are true when we clearly and distinctively perceive them to be true. As the reader analyzesRead MoreThe Existence Of God : Ontological Argument Essay1696 Words   |  7 PagesThe question of the existence of God has troubled mankind for thousands of years. Many philosophers and theologians have always searched for prove whether God exists. Many of them constructed valid arguments which support theist believes. The existence of God was once never denied, as His presence, His existence was evident in miracles and the people s faith. But time and the advancement of modern science have called God and His very nature into question. The Perfect Being has become the sourceRead MoreAnselms Existence of God Refuted Essay1110 Words   |  5 PagesAnselms Existence of God Refuted Anselms Existence of God Refuted If the only proofs for the existence of God were Aquinas’s five ways and Anselm’s ontological argument, in my opinion, Anselm provides the best reasoning. I am not saying that Anselm’s argument is good, or even valid, but just that given the set of proofs by Aquinas and Anselm, Anselm’s is better. Anselm argues, in effect, that the existence of God is built into the very concept of God. He proceeds by a form of argumentRead MoreThe Cartesian Circle is Wrong1586 Words   |  7 PagesRene Descartes meditations on the existence of God are very profound, thought-provoking, and engaging. From the meditations focused specifically on the existence of God, Descartes uses the argument that based on his clear and distinct perception that cannot be treated with doubt, God does exist. In the beginning of the third meditation, Descartes proclaims that he is certain he is a thinking thing based on his clear and distinct perception, and he couldn’t be certain unless all clear and distinctRead MoreSt. Thomas Aquinas Essay823 Words   |  4 Pagesused ancient philosophy to prove religious propositions. One of the ancient philosophers that St. Thomas Aquinas used to prove religious facts was Aristotle. One of the greatest works that Aristotle did was to prove that god really exists. St . Thomas Aquinas used the forms that Aristotle and Plato used to prove the same philosophical question, does god really exist? St. Thomas Aquinas, first started by stating, is the existence of God self-evident. Here he states that God because he is self-evidentRead MoreEssay about St. Anselm of Canterbury1110 Words   |  5 Pages In the following I intend to prove that the ontological argument is in and of itself, insufficient in proving that God exists. There are a few problems with the argument that I will be discussing in detail in an attempt to illustrate exactly why ‘The Ontological Argument’ is unsatisfactory. The Definition of ‘Greater’ St. Anselm of Canterbury defined God as â€Å"that-than-which-a-greater-cannot-be-thought† (Bailey, 2002). The problem with this definition is that the term ‘greater’ is surely up forRead More The Ontological Argument Essay1446 Words   |  6 PagesAnselm in his Proslogium, attempts to prove the existence of God simply by the fact that we have a particular concept of God - that God is that than which nothing greater can be conceived. Saint Anselm presents a convincing argument that many people view as the work of a genius. It is also quite often considered a failure because, in William L. Rowes words, In granting that Anselms God is a possible thing we are in fact granting that Anselms God actually exists. In other words, it assumes theRead MoreAssess the Ontological Argument818 Words   |  4 Pagesexistence of God. (30 marks) The ontological argument was first formulated by St. Anselm in the 11th century. It argues the existence of God from a deductive and a priori stance. God is a being than which none greater can be conceived. This is the response given by St Anselm to the fool in the psalm who believed there was no God. St Anselm the Archbishop of Canterbury and of the Benedictine Order explained that for God to exist in the mind he would not be the greatest being. However were God to existRead MoreOntological Argument For The Existence Of God1083 Words   |  5 Pagesexistence of god. His basis of his argument being an analytical breakdown for the reason fot gods exsistence. While also establishing that Anselms inferences found with his use of deduction and logical means to prove the existence of a higher being are indeed true. In addition I will defend Anselms argument by depicting other people’s objections against his argument. Specifically the argument made by Gaunilo, who disagreed with An selms argument and tried to use logical reasoning to prove him wrong.Read MoreThe Possibility of Proving the Existence of God Using Inductive and Deductive Arguments1222 Words   |  5 Pagesthe Existence of God Using Inductive and Deductive Arguments Many philosophers have attempted to prove the existence of God, although there is no argument as yet which proves without any doubt that God exists. A proof is the demonstration that something is true or, in this case, that God exists. There are 3 types of proof; direct, deductive, and inductive. A direct proof is when something is immediately obvious, so therefore, it cannot be used to prove Gods existence

Impairment Loss For Cash Generating for Treatment - MyAssignmenthelp

Question: Discuss about theImpairment Loss For Cash Generating Units for Treatment. Answer: Impairment Loss For Cash Generating Units Excluding Goodwill Meaning of Impairment and treatment As per the common parlance the impairment is defined as the term to denote the reduction in the value of an asset. It means whenever the value of an asset is decreased from its book value then it may be called as the Impairment of an asset. As per the International Accounting Standard number thirty six on the Impairment of asset which was re issued in the month of March two thousand and four, the impairment is defined as the amount by which the amount of the carrying value of the asset is in excess of the recoverable amount of that asset. The carrying value of an asset is defined as the value at which the asset is recorded in the balance sheet of the company and is also known as the book value of an asset at the particular point of time. Carrying amount is identified by deducting the accumulated depreciation and the impairment loss from the book value of an asset (AASB 136, 2011). Impairment loss is treated as expenditure. On one hand it is charged to the Statement for Profit and Loss and on the other hand it is deducted from the asset value as shown in the Balance Sheet. Meaning of Recoverable Amount As per the common parlance, recoverable amount is the amount which can be recovered from the asset after selling in the market. In accordance with the provisions of the International Accounting Standard number thirty six, recoverable amount is the amount equivalent to the higher of the following: Net Selling Price and Value in Use Net Selling price is defined as the difference of the fair value of an asset and the cost incurred to dispose of the asset. Fair value of asset is the amount which the asset if sold in the market would be able to fetch. In terms of the International Financial Reporting Standard number 13, the fair value is amount which will be received for selling the asset or the amount which will be paid to set off the related liability in the transactions which normally takes place during the ordinary course of business at the particular point of time. Cost of disposal is the amount is the amount which is incurred to sell or dispose of the asset. Value in Use is defined as the present value of the cash flows which will be expected to be generated from the asset or the cash generating units in the future. Present value is calculated at the rate defined as per the internal rate of return of the company or the cost of capital. The above shall be calculated for each individual asset separately and in case the recoverable amount is not identifiable for the individual asset then it shall be calculated using the concept of cash generating units. Meaning of Cash Generating Unit and its Identification- Cash generating unit is defined as the small group of the asset which can be identified as pertaining to the same class of assets. The cash flows generated by one cash generating unit will be totally independent of the cash flows derived from other group of assets or class of assets. The concept of inclusion of cash generating unit in this standard has been emphasized because of the fact that there are certain assets which are not able to generate the cash flows on their own rather they require the help of other assets to generate the cash flows. Therefore, the individuals assets are grouped into the unit which further helps in identifying the cash flows and thus has been defined as the cash Generating Units. Sometimes also they are clubbed into one cash generating unit when there are chances that the asset cannot be disposed off separately (IAS 36, 2014) . For instance, the colleges of the Australian University have their own canteens and the cafeterias where they give the food and other eatables to the students in the college hours. It is the policy of the university that the contract to operate and run the canteen of all colleges shall be allocated to one contractor. Out of the twelve canteens, seven canteens are profitable and five canteens are non profitable and thus they are clubbed as one cash generating unit. Calculation of Impairment Loss for Cash Generating Units excluding Goodwill: If goodwill of the company cannot be allocated to cash generating units on the basis of reasonableness then the impairment test will be followed and there arises the four situations: Goodwill and corporate assets of the company are not allocable Only goodwill will be allocable Only Corporate Assets will be allocable Only some corporate assets will be allocable. The impairment loss in the first situation will be identified by going through the following steps: First of all the cash generating unit will be identified to which the particular assets is related Indentifying and determining the future cash flows and determine the value in use Identifying the recoverable amount for each cash generating unit Finding out the recoverable amount as the higher of the value as determined in step (b) and step (c). Carrying amount will be mentioned and it will be only of the cash generating units as the goodwill is nit allocable Determining the impairment loss for the cash generating unit only as the difference between the value defined in step (d) and step (e) Determine the revised carrying amount by deducting the impairment loss as defined in step (f) from the value as defined in step (e) Identify the larger cash generating unit with their carrying amount to which the goodwill can be allocated fairly and reasonably. Calculating the recoverable amount of the larger cash generating unit Calculate the carrying amount of the larger cash generating unit and calculate the impairment loss by deducting the carrying amount from the recoverable amount as determined in step (i). The amount of impairment loss will first be allocate to the goodwill and then to the corporate and other assets. For Example ABC Company acquired XYZ Company at 600 million dollar. The company has two cash generating X and Y having the fair value of 240 million dollar and 160 million dollar. Goodwill is recognized at 120 million dollar. Recoverable amount of X and Y has been estimated at 200 and 140 million dollar respectively. Calculate the impairment loss if the carrying amount of X and Y are 260 and 180 million dollar respectively. Answer Particulars X Y Total (Amount in Million Dollar) (Amount in Million Dollar) Net Fair Value 240 160 400 Pro Rate (%) 60 40 Net Carrying Amount 260 180 440 Recoverable Amount 200 140 340 Impairment Loss 60 40 100 References AASB 136, (2011), Impairment of Assets, available on https://www.aasb.gov.au/admin/file/content105/c9/AASB136_07-04_COMPjun09_01-10.pdf accessed on 25-05-2017. IAS 36, (2014), Impairment of Assets available on https://www.iasplus.com/en/standards/ias/ias36 accessed on 25-05-2017.