but the primary choice for the United States continues to be GAAP‚ whose standards are established and maintained by the Financial Accounting Standards Board (FASB). Although both systems have many similarities‚ there are a variety of significant differences that have a great impact on how reporting amounts are calculated and reported to the general public. Despite these sizable distinctions‚ there have been great strides in convincing the United States and other countries to gradually convert to IFRS
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According to Hofstede‚ culture is the collective programming of the mind that distinguishes the members of one group or category of people from others (Hofstede and Hofstede‚ 2005‚ 4). However‚ human beings are not programmed same way as the computers are‚ they have reflective ability and may deviate based on unforeseen event. More so‚ culture has strong impact on the way a person act on certain situation. Between 1994 and 2005 over half the U.S. work force was made up of minorities. Currently‚ one
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The indigenous people of the Arctic had a culture that was in many ways very different from that of the people of the Great Plains. Their living styles were also very different to the rest of Indigenous people of the Americas. The Arctic people where known as Inuits and Aleuts. They had to adapt to the harsh Arctic environment‚ and they obtained most of their food by hunting‚ trapping‚ and also fishing. Living in icy tundras‚ the Inuit people were unable to use agriculture for sustaining food. Therefore
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of different cultures on what the characteristics that make them unique is what gives us the knowledge we need to interact better with them. By obtaining the knowledge of how different cultures live their lives within their families‚ dress‚ religion‚ and function during time of war is different. The Iraq culture has several subgroups that live within the country. Understanding the history which goes back thousands of years gave us the knowledge and understanding of how this culture is today. The
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The culture means the religion‚ language‚ art‚ social hobbits and political culture for one group of people. Also people have different culture over the ages. The culture makes the members of the society knit community. At Peter the Great era; the culture was different and special. First the language was Slavic languages ((it is also called Slavonic language)). It is one of the languages of the Indo European. It is exactly the east Slavic language; it is written with the Cyrillic alphabet. Religion
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“It is probably better to stay at home rather than study abroad because of the difficulties a student encounters living and studying in a different culture. To what extent do you agree or disagree with this statement?” Education is the basic requirement of life these days as it is the most important aspect as well as a necessity in moulding one’s career and lifestyle. In today’s competitive world it is almost impossible to survive if one wishes to acquire all the basic necessities and good
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responsibility for those around them by living among their patients and ensuring that each family receives a check up at least once a year. These services‚ along with other key measures‚ such as immunization‚ are compulsory‚ and are part of the contract between the government and its citizens—if
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the following topic: "Discuss cultural differences as they exist in American and Vietnamese culture and suggest some ways to overcome them." CONTENT The difference of culture impacts so much to the way to living‚ the way of thinking and the way of doing business. America and Vietnam have a big difference in culture‚ religion and business. However‚ we live in a world where it is called flat world‚ where there is no restriction between countries. It requires us to integrate in order to work and study
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Chinese culture and Western culture‚ an interesting comparison. East is east and West is west; never the twain shall meet. This one line pretty much sums up this never ending debate on the differences between the Chinese culture and the Western culture. Many westerners‚ when they visit China for the first time are in fact shocked to see the customs and traditions in China. But the same holds true for the people of China who go to western countries for the first time. What is to be remembered is the
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speakers‚ I walk the fine line between being conservative Indian - those of Ivy League chemical engineering PhD ’s‚ of having no less than 50 cousins‚ of spending every spare moment in life with family - and being a Westerner‚ coolly expressing my ever-apparent condescending attitude towards those of the East‚ looking in disgust at the seemingly uncouth Indian parents who smooch their children at every chance. I have been on this line my whole life‚ torn between two cultures - the Indian‚ and the American
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