The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are two of the most important bodies of the Accounting/Finance field today. Though both boards work together to develop and enforce financial reporting standards for publicly held organizations‚ the FASB concentrates on the accounting standards in the United States while the IASB sets its focus on global standards. The rules and standards that are set for individual certified public accountants
Premium International Financial Reporting Standards Financial Accounting Standards Board
Overview Part 2 US GAAP and IFRS Part 3 China GAAP and IFRS Part 4 Summary of Convergence Process Part 5 Pros & Cons of Convergence Part 6 The reasons for differences in accounting practice ww.ifrs.org + The International Accounting Standards Board + The International Accounting Standards Committee (IASC) Foundation + Objective – a single set of global financial reporting standards + Aim – convergence between national standards and international standards + IFRS Framework + IFRS
Premium International Financial Reporting Standards Financial statements Balance sheet
Structures d. Ancient Climates C. Evidence of Plate Tectonics 1. Sea-floor Spreading 2. Paleomagnetism D. Plate Boundaries 1. Divergent Plate Boundary 2. Convergent Plate Boundary a. Oceanic-Oceanic Convergence b. Oceanic-Continental Convergence c. Continental-Continental Convergence 3. Transform Plate Boundary E. Convection F. Hot Spots G. Volcanism 1. Warning Signs of a volcanic eruption H. Earthquakes 1. Focus 2. Epicenter 3. Elastic Rebound Theory 4. Foreshocks 5
Premium Plate tectonics
in the market. Several accounting board had been formed for the purpose of development of accounting standards to make it readable‚ understandable and record in a proper way. All of these accounting boards and committee are using the same way to convergence which is harmonization instead of standardization because it facing different culture among countries so it is hard for them to standardize these accounting standards. International Accounting Standards Committee was an organization which established
Premium International Financial Reporting Standards Financial statements
History In June 1988 the European Council confirmed the objective of the progressive realization of Economic and Monetary Union (EMU). It mandated a committee chaired by Jacques Delors‚ the then President of the European Commission‚ to study and propose concrete stages leading to this union. Economic and monetary union evolved in three discrete but evolutionary steps. First step - On the basis of the Delors Report‚ the European Council decided in June 1989 that the first stage of the realisation
Premium European Union Euro
chapter “The Evolving Mass Communication Process “outlines the mass media history and deals with the present trends within the industry. The chapter discusses the concentration of conglomeration‚ ownership‚ audience fragmentation‚ globalization‚ convergence and hyper commercialization. Baran notes that the contemporary system of mass media has been in existence since the year 1830. This system has to a certain extent repeated major change with the start of the improved technologies. The author notes
Premium Mass media Advertising Newspaper
role in the culture today. It will answer the questions What were the major developments in the evolution of mass media in the last century? It will also ask How did each development influence American culture? And What is ment by the term media convergence and how it affected everyday life? How we conceive mass media comes in different ways such as: television (24 -hour news channels‚) (hoarders to fashion models‚) (music videos‚ nature documentaries‚ and reality shows). With videos on demand
Premium Psychology Time Educational psychology
Fast and Robust Fixed-Point Algorithms for Independent Component Analysis Aapo Hyvärinen Helsinki University of Technology Laboratory of Computer and Information Science P.O. Box 5400‚ FIN-02015 HUT‚ Finland Email: aapo.hyvarinen@@hut.fi IEEE Trans. on Neural Networks‚ 10(3):626-634‚ 1999. Abstract Independent component analysis (ICA) is a statistical method for transforming an observed multidimensional random vector into components that are statistically as independent from each other as possible
Premium Principal component analysis Normal distribution Data analysis
characteristics of air masses? 12. Which winds are related to regional and local air movements? 13. What different type of climate do places in Africa experience? 14. How does the subsidence of air affect rainfall? 15. How does convergence affect rainfall? 16. What role does the ocean play in influencing the temperature of places in Africa? 17. How does the ocean influence rainfall in Africa? 18. What is the El Nino and La Nina Effect? 19. How do El Nino and La Nina
Premium Weather Meteorology Wind
English 100/101 Winter Quarter 2013 Essay 2: Pro and Con-vergence In the introduction to section 5 of Convergences‚ entitled “Dividing Lines‚” Robert Atwan discusses the adversarial model of American cultural conversations. The sides are identified with labels like conservative/liberal‚ Republican/Democrat‚ white/black‚ and religious/secular. These labels sometimes simplify complicated issues and prevent us from reaching a compromise‚ but these types of arguments and debates are also used
Premium Writing Argument Argumentation theory