Although the IASB and FASB have been striving since 2002 to achieve convergence‚ there are still many differences between the two. These differences range from revenue recognition to the matter in which the organizations receive funding. Under the IASB‚ the accrual method is the only preferred way of recognizing revenue and expenses. While FASB accepts cash basis and accrual basis; cash basis is only accepted if cash sales are less than $5 million per year. When it comes to generating funds the IASB
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the private life of Muslims in their dealings with God. 1.Shadah= the first pillar There is no god but God‚ and Muhammad is His prophet 2.Canonical prayer 3.Charity: 4.Observance of Ramadan 5. Pilgrimage to Mecca Confucianism relationships among friends and family vs Neo-Confucianism: is a development of Confucianism and adopted what was in Buddhism‚ Taoism (meditation) scholars helped to reinvent neo-Confucianism (essentially keeping the family together) Confucianism is family related
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Athens were elected while Sparta were inherited. Both city states had extremely large slave population‚ slaves were the bottom of the social order in both cities‚ while military men were top in the social order. As a matter of fact‚ there were some similarities between Athens and Sparta‚ the most prominent one is that both were polis from Greek which had a lot of influence on the world’s civilizations In both the cities Aristocrats had more rights and were leaders of the public office. They were both
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From the book called Kindred I found some similarities and differences from watching the 60 minute clip about camp 14 in North Korea and how they’re treated as being slaves. Such as living conditions‚ punishments‚ education‚ and marriages One way to compare slavery in the Antebellum South and the prisoners at camp 14 is in the way that they were punished! Slaves in the Antebellum South are punished by their owner‚ and in camp 14 the soldiers would shoot
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Buddhism‚ and Hinduism are different religions that have some of the same things in it but they are all very different but kind of the same in some ways. It talks about the things that are the same about the three different religions and some things that are the same in the three religions. They have things in common but they are also very different in many ways. Hinduism is one of the oldest living religions in the world. They are very different from other religions. Hinduism came from India‚ there
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important period which shaped the root of modern civilization. The most admired historical city-states (polis) to have ever existed was Athens and Sparta and that are always taken an example for their completely different governing systems. The difference between two city states were flagrant. Today we will dive deeper into the Spartans and Athenians life and try to figure out how Athens and Sparta obtain the right to participate in public life. We will also discuss about who held the public office
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have their unique differences. In my essay I will explore some of these similarities and differences. Egypt and Nubia were both ruled by monarchy‚ which shows that they had an advanced form of political organization. Archeologists findings show that the symbols of Nubian royalty are the same as those of Egyptian Kings. They believed that they were god-Kings and built large pyramids to spend eternity surrounded by there riches to keep them comfortable after death. The difference between the Egyptian
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There are many differences between probation and parole. There are also many different definitions of probation‚ one that I believe is a good one is the action of suspending the sentence of one convicted of a minor offense and granting him provisional freedom on the promise of good behavior. Parole is the release of a prisoner before is term has expired on condition of continued good behavior. The similarities between the to is the person convicted of the crime has to show good behavior in order
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people‚ one aspect being: religion. Although the act of worshipping a God or multitude of Gods is usually seen as a religion‚ the ancient Egyptians also used magic as a part of their daily spiritual needs. Because of this‚ many would argue that the Egyptians are distinctly different than most other religions. Despite the existence of Gods in their culture‚ magic was ultimately used to manipulate the Gods rather than serve them. In light of this‚ Egyptian mythology/religion is seen as something different
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SIMILARILY BETWEEN MY WORLD AND TRUMAN WORLD According to me‚ there are some connection between my view of the world and Truman view of the world. In the movie Truman always wanted to travel and explore the world he was so eager to go to Fiji island that he tried many times to escape the island but every time he tried he fail. According to me also a human being should always travel to various places so that he remains fresh and learns about new things. So during my childhood days when I was in 5th
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