publicly owned firms‚ the subsequent passage of the Sarbanes-Oxley Act of 2002‚ and pressure from foreign governments and investors‚ the IASB and FASB begun work on a collaborative framework intended to merge U.S. GAAP standards with IFRS. The convergence of the two systems will eliminate nuances‚ rectify internal contradictions‚ and create a uniform set of standards to be used both domestically and internationally. However‚ despite its many apparent benefits‚ the plan has been met with skepticism
Premium International Financial Reporting Standards Financial Accounting Standards Board Financial statements
set of accounting standards in use through out the world in the next five years? The SEC (Securities and Exchange Commission) which oversees the accounting practices of publicly traded corporations. Is currently implementing plans for the convergence of GAAP into the IFRS as the standard for the U.S. and the world. Currently 110 developed‚ mid level‚ and developing countries use the IFRS as their accounting standard. The SEC has stated that they would like to converge to the IFRS by the end
Premium International Financial Reporting Standards International Accounting Standards Board Financial Accounting Standards Board
culture‚ mass media‚ and mass communication. ii. Investigating important periods in communication history: the oral‚ Witten‚ print‚ electric‚ and digital eras. iii. Examine the development of a mass medium from emergence to convergence. iv. Learn about how convergence has changed our relationship to media v. Look at the central role of storytelling in media and culture. vi. Discuss two models for organizing and categorizing culture: a skyscraper and a map. vii. Trace important cultural values
Premium Culture Mass media Media studies
Executive Order No. 26‚ s. 2011 Published: February 24‚ 2011. Latest update: March 5‚ 2012. MALACAÑANG PALACE MANILA BY THE PRESIDENT OF THE PHILIPPINES EXECUTIVE ORDER NO. 26 DECLARING AN INTERDEPARTMENTAL CONVERGENCE INITIATIVE FOR A NATIONAL GREENING PROGRAM WHEREAS‚ poverty reduction‚ resource conservation and protection‚ productivity enhancement‚ climate change mitigation and adaptation‚ are among the priority programs of the government; WHEREAS‚ there is a need to consolidate and harmonize
Premium Federal government of the United States Poverty Government agency
SOLUTION OF 2-D INCOMPRESSIBLE NAVIER STOKES EQUATIONS WITH ARTIFICIAL COMRESSIBILITY METHOD USING FTCS SCHEME IMRAN AZIZ Department of Mechanical Engineering College of EME National University of Science and Technology Islamabad‚ Pakistan Imran_9697@hotmail.com Abstract— The paper deals with the 2-D lid-driven cavity flow governed by the non dimensional incompressible Navier-Stokes theorem in the rectangular domain. Specific boundary conditions for this case study have been defined and
Premium Fluid dynamics Fluid mechanics
NEW MEDIA TECHNOLOGY TABLE OF CONTENTS QUESTION 1: CONVERGENCE 1.1 Introduction: Definition of convergence 1.2 Levels of convergence 1.3 Convergence in new media 1.4 Conclusion QUESTION 2: THE ROLE OF MOBILE TECHNOLOGY IN THE NETWORK SOCIETY 2.1 Introduction 2.2 The role of mobile technology in the network society 2.3 The role of mobile technology phones in rural development 2.4 Conclusion QUESTION 3: REGULATED AND UNREGULATED ICT MARKETS 3.1 Introduction 3.2 Regulated
Free Mobile phone Internet
Temperature Effects on Labor Productivity: A Cross-Country Approach Introduction Intro into the topic Hypothesis I will test the hypothesis that higher temperature will adversely affect labor productivity in a country. Outline Purpose The purpose of this paper is to check the effects of temperature on labor productivity to conclude that climate change will have a severe impact on labor productivity in the future. It can be thought of as a domino effect. To begin with‚ populations are increasing
Premium Climate change Global warming Greenhouse gas
supply of resources increases‚ more products are being produced which supersedes demand for the item. This will cause the curve to shift to the left. d. When wage rate increases‚ the supply curve shifts upward. Chapter 20‚ Question 12 (Convergence) Explain the
Premium Supply and demand Economics Aggregate demand
Report: Where does the US stand on the adoption of IFRS? - 2012 Abstract The globalization of markets over the past 50 years has led to the demand for increasingly comparable financial statements across countries. In response to this demand‚ the International Accounting Standards Board (IASB) was formed with the purpose of developing a set of high quality global accounting standards. Although a majority of developed markets have adopted the international standards‚ the United States has not.
Premium International Financial Reporting Standards Financial Accounting Standards Board United States
School of Business COMMENTARY: GLOBAL COMPARABILITY IN FINANCIAL REPORTING: WHAT‚ WHY‚ HOW AND WHEN? REACTION PAPER The commentary paper mainly deals with the evolution and convergence of accounting standards. In response to comparability & convergence issues that have arisen to date‚ the commentary has discussed what comprises global comparability in financial reporting‚ why it has arises and how they could make it into reality and its timeline for estimated
Premium Financial statements International Financial Reporting Standards