Answer 3 questions about multilateral clearing arrangement Case Study

Answer 3 inquiries concerning multilateral clearing course of action - Case Study Example f restrictive exchanges of the part, the outlet can start the exchange of all client positions held by the part in default to different individuals from great standing, take control or sell the defaulting member’s exclusive positions, utilize the edge and security stores of the part towards the default. If the entirety of the above are as yet inadequate to cover the default, the vendor can in any case apply different supports, for example, assurance finances paid by all individuals and protection, assuming any (Dale 1998, pp. 23-24). Q2 The clearing house doesn't reserve an option to found liquidation continuing against ‘K’ as of 4:30 pm in light of the fact that there was no default yet. Default is the powerlessness of involved with pay its commitments and for this situation, its inability to finish an exchange of assets or protections as per the guidelines of the clearing house, when it is expected. Since there was no interest yet for ‘K’ to pay at 4:30, taking into account that under this specific clearing house administers the business day closes just at 5 and request to pay at 7 pm, ‘K’ isn't yet considered in default. Fair treatment requests that ‘K’ is informed of its commitments, be offered time to challenge, and an interest for installment on it be made. Just when installment is expected and a gathering can't pay would it be able to be esteemed in default and be made dependent upon a liquidation procedure. Q3 Initially, the clearing house must force tough participation leads on likely members. These standards must expect individuals to have, satisfactory capital, yet additionally to hold fast to severe monetary and operational prerequisites upon confirmation as individuals, for example, keeping up a specific net capital just as independent client assets and property from their own assets and property. Additionally, individuals should likewise fulfill the clearing house that they are working under sound hazard the board control. As a hazard the executives control with respect to the clearing house, it could establish a foreordained limit for every part, which

The Development of GAAP in the United States Free Essays

Setting GAAP These associations impact the improvement of GAAP in the United States. US Securities and Exchange Commission (SEC) The SEC was made because of the Great Depression. Around then there was no structure setting bookkeeping measures. We will compose a custom paper test on The Development of GAAP in the United States or on the other hand any comparative theme just for you Request Now The SEC empowered the foundation of private standard-setting bodies through the AICPA and later the FASB, accepting that the private area had the best possible information, assets, and gifts. The SEC works intimately with different private associations setting GAAP, however doesn't set GAAP itself. American Institute of Certified Public Accountants (AICPA) In 1939, asked by the SEC, the AICPA delegated the Committee on Accounting Procedure (CAP). During the years 1939 to 1959 CAP gave 51 Accounting Research Bulletins that managed an assortment of opportune bookkeeping issues. Nonetheless, this issue by-issue approach neglected to build up the truly necessary organized group of bookkeeping standards. In this manner, in 1959, the AICPA made the Accounting Principles Board (APB), whose crucial was to build up a general reasonable system. It gave 31 assessments and was broken down in 1973 for absence of efficiency and inability to act quickly. After the formation of the FASB, the AICPA built up the Accounting Standards Executive Committee (AcSEC). It distributes: Audit and Accounting Guidelines, which sums up the bookkeeping practices of explicit businesses (e. g. gambling clubs, universities, aircrafts, and so forth ) and gives explicit direction on issues not tended to by FASB or GASB. Articulations of Position, which gives direction on money related announcing subjects until the FASB or GASB sets guidelines on the issue. Practice Bulletins, which show the AcSEC’s sees on limited monetary revealing issues not considered by the FASB or the GASB. Budgetary Accounting Standards Board (FASB) Understanding the need to change the APB, pioneers in the bookkeeping calling designated a Study Group on the Establishment of Accounting Principles (generally known as the Wheat Committee for its seat Francis Wheat). This gathering discovered that the APB must be disintegrated and another standard-setting structure be made. This structure is made out of three associations: the Financial Accounting Foundation (FAF, it chooses individuals from the FASB, reserves and regulates their exercises), the Financial Accounting Standards Advisory Council (FASAC), and the major working association in this structure the Financial Accounting Standards Board (FASB). FASB has 4 significant kinds of distributions: Statements of Financial Accounting Standards †the most legitimate GAAP setting distributions. More than 150 have been given to date. Proclamations of Financial Accounting Concepts †first gave in 1978. They are a piece of the FASB’s reasonable system undertaking and put forward basic goals and ideas that the FASB use in creating future principles. Be that as it may, they are not a piece of GAAP. There have been 7 ideas distributed to date. Understandings †change or broaden existing gauges. There have been around 50 translations distributed to date. Specialized Bulletins †rules on applying norms, translations, and sentiments. Typically understands some quite certain bookkeeping issue that won't have a noteworthy, enduring impact. In 1984 the FASB made the Emerging Issues Task Force (EITF) which manages new and surprising money related exchanges that can possibly get normal (e. g. representing Internet based organizations). It acts increasingly like an issue channel for the FASB †the EITF manages present moment, rapidly resolvable issues, leaving long haul, progressively unavoidable issues for the FASB. Administrative Accounting Standards Board (GASB) The most effective method to refer to The Development of GAAP in the United States, Essay models

Blog Archive MBA News MIT Sloan Releases 2009-2010 Essay Questions

Blog Archive MBA News MIT Sloan Releases 2009-2010 Essay Questions MIT  Sloan has released  its essay questions for the upcoming admissions season. We will post our essay analysis in the coming days. Cover Letter Prepare a cover letter (up to 500 words) seeking a place in the MIT Sloan MBA Program. Describe your accomplishments and include an example of how you had an impact on a group or organization. Your letter should conform to standard business correspondence and be addressed to Mr. Rod Garcia, Director of MBA Admissions. Essays We are interested in learning more about you and how you work, think, and act. For each essay, please provide a brief overview of the situation followed by a detailed description of your response. Please limit the experiences you discuss to those which have occurred in the past three years. In each of the essays please describe in detail what you thought, felt, said, and did. Essay 1: Please describe a time when you went beyond what was defined, expected, established, or popular. (500 words or less, limited to one page) Essay 2: Please describe a time when you coached, trained, or mentored a person or group. (500 words or less, limited to one page) Essay 3: Please describe a time when you took responsibility for achieving an objective. (500 words or less, limited to one page) Share ThisTweet Blogroll Massachusetts Institute of Technology (Sloan) News

Essay about Same-Sex Marriage Equality - 1322 Words

Same-Sex Marriage Equality There are over 105 million households in the United States today and out of those households, there are over 1.2 million gay people living with same-sex partners (â€Å"Census on Gays in America†). This makes the proposed legalization of same-sex marriage one of the most significant issues in contemporary America. It is presently one of the most discussed reforms in law reviews and the American court systems. If legalized, it could be one of the most revolutionary policy decisions in the history of America, along with women’s rights, interracial marriage, and slavery. There are many people who are opposed and feel it is morally and ethically wrong and others who feel that same-sex marriages are acceptable. Prior to†¦show more content†¦The majority of people who oppose gay marriage are religious conservative groups and people who believe in keeping marriage a sacred thing between a man and a woman. While this may be their belief syste m, this country was founded on religious freedom, where the people are allowed to worship how they see fit. A ground rule, set up from the beginning, states that separation needs to be made between religion and government, so the two shall never come together to become a theocracy. With the issue of gay marriage, lines get blurred and religion rears its head to influence a governments decision of who shall be married and who will be refused. Denying the authenticity of one group of peoples love is claiming that their love is inferior, which is just not the case. Love is central to everyones life (Moats, 2004), not just those who others deem worthy. If gay marriage were to be legalized, people would gradually become more accepting of it as it becomes more commonplace. ‘Peoples minds are changed through observation, not through argument (Rogers, 2005, from Mohr, 1994). The more visible gays and lesbians become, the more accepting people would be of homosexuality as a whole- a principle that is already beginning to take effect in society today. We can go back, decade after decade, and see how our country has taken many strides in overcoming prejudices, such as civil rights, women’s rights, and interracial marriage. Now that we have recognized and comba tedShow MoreRelatedMarriage Equality For Same Sex Couples1480 Words   |  6 Pagesily Studies Interest Research Project Marriage Equality for Same-Sex Couples in Australia. Tiarne Milton Year 12, CAFS Mrs Stamoudis Table Of Contents Abstract/summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 Acknowledgments†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Review of existing research†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreEssay on Marriage Equailty for the LGBT Community1554 Words   |  7 PagesLGBT community, as it pertains to human rights, equality, and particularly, marriage equality. Each individual has their own perception on marriage equality, whether it is based on moral basis, or on a humanistic (humane) basis, which is the belief of not denying anyone the right to be who they are, and therefore love who they love. However, as a society, we must examine the facts, as well as ourselves, as we address the debate for marriage equality for the Lesbian, Gay, Bisexual, and TransgenderRead MoreConscientious Objections to Same-Sex Marriage1460 Words   |  6 PagesResearch Topic: Conscientious Objections to Same-Sex Marriage: A Comparative Research Study of Scotland in United Kingd om and State of New York City in United States of America Part A: Methods of Research: The research on conscientious objection to same-sex marriage was carried out using mostly primary sources such as Scotland and State of New York Laws, this include constitution and laws enacted by the New York State Assembly and Scottish Parliament. Also past cases and accompanying judicialRead MoreThe Issue Of Same Sex Marriage1376 Words   |  6 Pagesspecifically marriage equality. Public opinion in the U.S. shows the majority support for the legal recognition of same-sex marriages. This issue is more likely to be supported by women and people under 50. My thesis is that marriage equality a civil right, rights we are born with as a citizen of the U.S. which the government cannot interfere with or suppress. (Lecture Notes 8/27). Over the past decade, marriage equality has become an even larger and more controversial issue. The issue of same-sex marriageRead MoreThe Rights of Human Beings790 Words   |  3 PagesThe Rights of Human Beings The support, laws, and the definition of marriage itself are changing at this very moment, and will continue to change. Same-sex marriage is becoming a hot issue, with nearly everyone under the age of 30 supporting it, yet there are still many things that need to happen before it becomes legal. The battle is ongoing and still has years ahead of it, but more and more politicians are now starting to see just where the American peoples interests are. The big issue howeverRead MoreThe Legalization Of Gay Marriage1638 Words   |  7 Pagescultural development in America in the last twenty-five years has definitely been the legalization of gay marriage. Few other issues in public policy have resulted in such a dramatic shift in public opinion as the controversy same-sex marriage and the rights that come along with the institute of marriage. The decade of the seventies was the time when numerous state statutes materialized defining marriages to only be valid between and man and a woman. L ater in the nineties and on into two-thousands wavesRead MoreSame Sex Marriage Should Be Legal1306 Words   |  6 PagesProfessor Perkins ENG2211 27 October 2015 Same-Sex Marriage   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Many people don’t know the story behind the battle of same-sex marriage. They hear about it on the news but fail to see the big picture behind it. Legally, why all of the sudden is same-sex marriage such a big deal? Most people don’t know why people are fighting for this equality. Who brought the debate from the bottom (in their state) all the way to the Supreme Court to get justice for all same-sex couples? What is the Supreme Court’sRead MoreThe Equality of Marriage1021 Words   |  4 PagesMarriage Equality is legal action on marriage of same-gender couples. On the other hand, did you know that marriage equality has been discriminated and continues to be an issue amongst society all over the world? Many people oppose the issue while others fight to ensure equality. The homosexual community does not have the same access to rightful benefits equal to the way heterosexual couples do. Responsibilities and legal benefits are offered by marriage to protect the couples’ families. MarriageRead MoreSame Sex Marriage Affirmative Side1556 Words   |  7 PagesThat Same Sex Marriage Should be Legalized in the Philippines (Positive) Premises 1.) To exercise freedom of choice. 2.) To control population. 3.) To have an opportunity to adopt children from orphanage. 4.) To practice human rights. 5.) To prevent HIV disease. INTRODUCTION Same sex marriage is known as a marriage between two persons of the same biological sex or gender . It is one of the most controversial yet sensitive topics that have been discuss around the world. Politicians are havingRead MoreSame-Sex Marriage Essay1633 Words   |  7 Pagesdiscrimination in the United States, and it took them more than ten years to find some sort of equality. Women have also faced discrimination for hundreds of years and it took them over fifty years to earn minimal rights. While the issue of homosexuality is relatively new to our country, the fight for rights started almost immediately, and people today are still struggling to earn civil liberties, like same-sex marriage. If some change isn’t made now, their struggle for rights could last even longer than

Mother Teresa Free Essay Example, 2250 words

In order to reach out to more and more poor and needy people, Mother Teresa established various institutions such as the Missionaries of Charity Brothers in 1963, the contemplative branch of the sisters in 1976, the contemplative brothers in 1979 and the Missionaries of Charity Fathers in 1984. She also formed the Co-Workers of Mother Teresa and the Sick and the Suffering Co-Workers, which involved people from many religions and beliefs to get together for a common noble cause. She also established the Lay Missionaries of Charity and a Corpus Christi Movement for Priests in 1981 for the kind-hearted priests to contribute their share. In 1962, Mother Teresa received the Indian Padmasree Award and in 1963 she won the Nobel Peace Prize. The entire world began to know about her work and her mission and started supporting her mission to help the poor and needy. She lived her entire life serving the sick and the poor. Though she found happiness in doing so she was never able to overcome t he pain she felt for them. Even during her last years of life, though she was not healthy, she continued to manage the Society and take action to the need of the poor and the Church. We will write a custom essay sample on Mother Teresa or any topic specifically for you Only $17.96 $11.86/page

Domestic Violence And Its Effects On Victims And Varies

Definition, strengths and limitations, and occurrence Domestic violence as a form of trauma can have an impact on victims and varies in the form in which it occurs. Domestic violence can occur directly to an individual or family or indirectly as exposure to domestic violence. The Department of Justice defines domestic violence as â€Å"a pattern of abusive behavior in a relationship that is used by one partner to gain or maintain power and control over another intimate partner†. According to Cross, Mathews, Tonmyr, Scott and Catherine, (2012), for children, exposure to domestic violence can be defined as â€Å"a child directly witnessing physical or psychological violence between adults, overhearing the violence, or seeing its aftermath (e.g., resulting injuries or emotional harm)†. Both definitions take into consideration the various forms domestic violence that can occur to an individual or family. It is important to acknowledge that these definitions include domestic violence as taking the form of any combination o f physical abuse, sexual abuse, emotional abuse, economical abuse, and psychological abuse. This allows for the identification and treatment of domestic abuse on a large scale, depending on the survivors experiences. However, physical and sexual abuse are two forms which are easier to prosecute from a legal standing, as emotional abuse and psychological abuse generally do not have physical evidence. Intimidation and threats are examples of psychological abuse.Show MoreRelatedEffect of Domestic Violence on Children692 Words   |  3 PagesASSIGNMENT 1 DOMESTIC VIOLENCE ID: S99003183; URIAM ROBATI ABSTRACT Domestic Violence has a great effect on children. Domestic violence also known as domestic abuse, spousal abuse or child abuse is recognized as a pattern of abusive behavior by one or both partners especially those in marriage. This coercive behavior is used against another person to obtain power and control over the other party in a relationship. Domestic violence takes many forms such as physical violence which includesRead MoreIssue Relating to Violence Abuse Against Women and Children within Family918 Words   |  4 PagesIssue relating to violence abuse against women and children within family The issue that I am exploring As increasing number of women are gaining more rights globally as well as their economic power. However, domestic violence, especially violence against both women and children from associated partner remaining a broad issue that need to be addressed. Public health studies indicated that a large number of people have the experience of witnessing varies degree of violence within the family. I believeRead MoreDomestic Violence And The Silent Epidemic1233 Words   |  5 Pagesseconds in the U.S. a woman is assaulted or beaten. Domestic violence is a serious problem not only in the U.S., but across the globe. It is known as the silent epidemic because so many victims, majority women, suffer in silence. According to statistics, 85% of domestic violence victims are women. Additionally, statistics show that one in every four women will experience domestic violence in her lifetime and that an estimated 1.3 million women are victims of physical assault by an intimate partner eachRead MoreDo mestic violence: Power and Control1495 Words   |  6 PagesControl DESCRIPTION Domestic violence as well as emotional abuse are behaviors used by one person in a relationship as a means of control over the other person. The status of the relationship between those in a domestic violence situation varies. They can be married or unmarried; heterosexual, gay, or lesbian; living together, separated or just dating. One in every four women will experience domestic violence in her lifetime. That is an estimated 1.3 million women becoming a victim of physical assaultRead MorePersonal Religious And Cultural Beliefs And Values754 Words   |  4 PagesBelief systems. The decision for a person to stay or flee a domestic violence situation often is determined by their personal religious and cultural beliefs and values. The person believes that marriage is a union of God and divorce or separation is wrong. Instead they believe that all things can be worked out through the power of prayer. They believe the children need their father and divorce would hurt the children emotionally. Economic dependence on the abuser Many women caught up in abusiveRead MoreThe Day It Happened by Rosario Morales1302 Words   |  6 Pages â€Å"Domestic violence, or intimate partner violence, is defined as a pattern of assaultive and coercive behaviors, including physical, sexual, and psychological attacks as well as economic coercion that adults or adolescents use against their intimate partners† (Peeks-Asa). When it comes to domestic violence many people don’t want to get involved, but if just one person took a stand maybe others would follow and potentially save a life, like the neighbors did in The Day It Happened by Rosario MoralesRead MoreAn Definition Of Domestic Violence Essay1208 Words   |  5 PagesThe definition of domestic violence, or intimate partner violence, is a multiple or single incidence of abusive behavior that uses oppression, threats, isolation, and fear that often results in psychological and/or emotional trauma. Intimate partner violence is not a specific gender issue; a c ommon assumption is that victims of abusive relationships are only women, which is a false belief. According to the National Coalition Against Domestic Violence, 1 in 4 men have experience some type of psychologicalRead MoreDomestic Violence : The United States Department Of Justice1617 Words   |  7 Pagesdepartment of Justice (2015) defines domestic violence as a â€Å"pattern of abusive behavior in any relationship that is used to by one partner to gain or maintain power and control over another intimate partner†. Domestic violence occurs in every culture, country, and age group. It affects individuals from all socioeconomic, educational, religious backgrounds, and occurs in both same-sex and heterosexual relationships. For this paper I will take a look at how domestic violence affects marriages. I will exploreRead MoreInvestigating Patterns Of Mortality Among Women Experiencing Violence908 Words   |  4 Pagespatterns of mortality among women experiencing violence. T he researcher’s identified the issue of exposure to violence as â€Å"a serious social problem† which has different effects on men and women. The article elaborated on these differences in which women are more often the victims of intimate partner violence whereas men tend to be subjected to violence by unknown perpetrators. Furthermore, the article emphasized that reporting as victims of violence varies significantly within the population, essentiallyRead MoreHow Domestic Violence Affects Children As Well As The Mental Health Of Its Victims1744 Words   |  7 Pagestopic. This chapter will provide a historical background on domestic violence, a historical perspective of the services provided and an overview of different forms of domestic violence. The goal of this literature review is to examine the statistical information that is presented as it relates to domestic violence. This literature review will also reveal how domestic violence affects children as well as t he mental health of its victims. In addition, this chapter will include the Afrocentric perspective

Issue of Child Poverty in British Columbia

Question: Discuss about theIssue of Child Poverty in British Columbia. Answer: Introduction: Provision of various social programs and services in recent times has benefitted British Columbians in many ways. There are improvements in the fields of legal and immigration services, health, education, care for the senior citizens and various others. However, despite these positive changes, British Columbia still need to upgrade their social policy framework in order to make further progress in areas where they are lagging behind. Compared to other jurisdiction, British Columbia faces greater social policy obstacles in relation to child poverty, food insecurity, low-income rate, violence and property crime and mental health needs. Improvement in these areas leads to the growth in social capital, which is an integral part of economic growth. The issue of child poverty remains persistent in British Columbia; even though reports suggest that, there has been a significant decline in child poverty rate in British Columbia between the years 2003-2008 (Tarasuk, Mitchell, Dachner, 2014, 3-19). British Columbias relative ranking still remain the same when compared to other provinces and this brings into question the effectiveness of social policies of British Columbia in addressing this issue (De Leeuw, 2014, 59-78). This paper firstly examines the existing social policies and services in relation to child poverty and low-income rate in British Columbia and then it goes on to analyse its effectiveness in dealing with the issue and the ways in which the policies could be improved. Social Policy Challenge: Over the last fifteen years British Columbia has faced various significant and constant social policy obstacles that have resisted their efforts and have failed to tackle the issue. Some progresses have been gained in many of these problems but those achievements are not consistent and cannot fully be attributed to provincial policies. Child Poverty: The rate of child poverty is higher in British Columbia than compared to national average, as reported by coalition of national advocacy group. According to the report presented by First Call: B.C. Child and Youth Advocacy Coalition, the provincial child poverty rate of 2014 was 19.8 percent, which is much higher than the national average for youth at 18.5 per cent. Moreover, according to the B.C. Child poverty report, the total poverty rate of British Columbia in 2016 was 20.1 per cent ("Rural and single-parent families are most at risk, says First Call coalition" 2017). According to Adrienne Montani, the provincial co coordinator for the coalition, along with the increase rate in income inequality there are several other factors leading to increase child poverty. In addition to this, she has also highlighted the fact that they have failed to collect revenues, share the accumulated wealth with people through wages and effective social programs, and at the same time British Columbia lack a decent child tax policy ("Rural and single-parent families are most at risk, says First Call coalition" 2017). According to the last years report the percentage of children living in poverty in British Columbia has slightly decreased from 20.4 percent, however the percentage of children affected by poverty living in single parent family has remained the same at 50.3 per cent (Seed et al., 2013, 30(3), 457-470). According to the report, British Columbia has made no considerable progress in reducing the high poverty rate among children from single parent families since 2006 and in fact it has increased since 2009 (Glouberman Millar, 2003, 93(3), 388-392). Addressing Child Poverty and The Issues Related To It: One of the most important goals of the Social Policy Framework is to reduce the rate of people living below the low-income level and child poverty among British Columbians. In order to achieve this objective a collaborative effort is required involving many stakeholders. These stakeholders include but are not limited to the Ministry of Social Development and Social Innovation, the Ministry of Children and Families, BC Housing, the Ministry of Aboriginal Relations and Reconciliation, the Ministry of Education, the Ministry of Jobs, Tourism and Skills, municipal social planning offices and family providing social services (Holyk Harder, 2016, (74), 82). An all encompassing frame work is required to indicate the governments priorities in relation to social policy issues, which will help in the formation of a collaborative and integrated policy in order to tackle the problem of low-income level and child poverty. Consistent and standard social reporting also helps considerably in dealin g with the social issues of low-income and child poverty. On the other hand, food insecurity, housing instability or homelessness and income are connected. Thus, in order to tackle the issue of food insecurity one needs to deal with shelter, income and access to nutrition simultaneously. Health authorities and regional food banks, along with data meal assistance programs contributed by school boards, could collect ratio of food insecurity. A social policy framework would help in providing a proper guideline in order to address issues of shelter, income and access to nutrition. Long-term unemployment rate could be dealt through multifaceted approach, which includes skill training, access to education and basic literacy along with policy linked to economic and labour market plans. Developing reliable, consistent and standard measures for evaluating the changes in long-term unemployment in British Columbia would enable the government to develop the most suitable approach in dealing with such a multi-dimensional and multi-faceted issue (Merz Steinberg 2014, 57(03), 65-70). Impact of Social Policy Framework: Many persistent social problems is faced by British Columbia and the development of social policy framework helps in dealing with these issues by improving the processes of social policy which includes formation of policy, delivery and assessment processes. Processes of social policy development in British Columbia lacks consultation, consistency and collaboration and these challenges could be tackled with the formation of a social policy framework, which will increase the horizontal alliance between different ministries on social policy development. A social policy framework could also deal with issues related to uncoordinated policy delivery and implementation by increasing coordination between different government departments and by increasing unification between government and social services sector (Riches Silvasti 2014, 42-56). Conclusion: Thus, it can be concluded by saying that the social policy framework would enable British Columbia to deal with many persistent and long-term issues. Social policy framework helps substantially by contributing to each stage of policy making process. The issue of Child poverty and the factors related to it is still very much prevalent in British Columbia and in order to tackle these serious social problems, the government immediately should generate a proper social policy framework. References: De Leeuw, S. (2014). State of care: The ontologies of child welfare in British Columbia.cultural geographies,21(1), 59-78. Glouberman, S., Millar, J. (2003). Evolution of the determinants of health, health policy, and health information systems in Canada.American Journal of Public Health,93(3), 388-392. Holyk, T., Harder, H. G. (2016). Aboriginal child welfare in British Columbia and unequal power relations: A Critical Discourse Analysis.Canadian Review of Social Policy, (74), 82. Merz, C., Steinberg, M. (2014). Applying a Political Economy of Health standpoint to traditional food acquisition practices and the inequitable prevalence of obesity and diabetes amongst First Nations peoples in British Columbia.Environmental Health Review,57(03), 65-70. Riches, G., Silvasti, T. (Eds.). (2014).First world hunger revisited: food charity or the right to food?. Springer, 42-56. Rural and single-parent families are most at risk, says First Call coalition. (2017). CBC News. Retrieved 13 February 2017, from https://www.cbc.ca/news/canada/british-columbia/bc-poverty-youth-1.3865191 Seed, B., Lang, T., Caraher, M., Ostry, A. (2013). Integrating food security into public health and provincial government departments in British Columbia, Canada.Agriculture and human values,30(3), 457-470. Tarasuk, V., Mitchell, A., Dachner, N. (2014). Household food insecurity in Canada, 2012.Research to Identify Policy Options to Reduce Food Insecurity (PROOF). Toronto, 3-19.