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    Q1. What are Main differences between Financial statements prepared under Indian GAAP, IFRS and U.S. GAAP ? • US GAAP utilizes LIFO. Under US GAAP, current segment of long haul was delegated current Liability , though Under Indian GAAP there was no such Compulsion. As Result, not Interest Accrued on Long Term Debt ,or current segment of long haul obligation was a current Liability under the Indian GAAP. • US GAAP Provided Detailed Rules for Valuation of budgetary instruments, including…

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    During the debates over the Reconstruction amendments, I was particularly interested in the controversy about the ambiguous compromise of rights that the 14th amendment declared to protect with its Equal Protection Clause. Equality is difficult to define with the various interpretations in precedent and it has proven to still be a continued controversy today. More specifically, the controversy that has persisted is the issue of whether the State or Federal government would be the ones to decide…

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    Legendary aviatrix Amelia Earhart most likely died on an uninhabited tropical island in the southwestern Pacific republic of Kiribati, according to researchers at The International Group for Historic Aircraft Recovery (TIGHAR). Tall, slender, blonde and brave, Earhart disappeared while flying over the Pacific Ocean on July 2, 1937 in a record attempt to fly around the world at the equator. Her final resting place has long been a mystery. For years, Richard Gillespie, TIGHAR's executive…

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    (2009), schools can facilitate the advancement of civil rights movement for all black people (p. 7). Thus, in 1954 the Brown v. Board of Education case abolished the Plessy v. Ferguson decision, because the Supreme Court ruled that the segregation of races were unconstitutional, as a result all the schools had to desegregate (Garcia-Bedolla, 2016e). After the Brown v. Board of Education decision, many non-white parents attempted to integrate their children into the all white schools. For…

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    The 1970s had increasing nonviolent activity (Civil Disobedience). In 1971, the Supreme Court, in Swann v. Charlotte-Mecklenburg Board of Education, upholds busing as a legitimism and sometimes necessary tool to achieve desegregation and integration. But, the court does not rule on segregation in public schools in northern states where it is mot imposed by statute. In 1973, congress passes Section 504 of the Vocation Rehabilitation Act barring discrimination against disabled people with use of…

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    Plessy V. Ferguson Summary

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    1. What is the name of the case? Hollingsworth v. Perry a) What is the name held by the petitioner in this case? Summarize the petitioner’s key argument. Dennis Hollingsworth et al. with Charles J. Cooper speaking for the petitioners. The petitioner argued that a state is within its legal bounds to limit marriage to only between opposite sex, as marriage is a historical social institution whose purpose advances the state’s interest in childbearing. b) What is the name held by the…

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    a) IASB stands for International Accounting Standards Board. The IASB is a standard-setting board whose main role is to ‘develop and approves ‘International Financial Reporting Standards’ so that all financial reports and financial statements globally are detailed and can be easily read by all users. With constant regulation and development, it ensures all business’ financial records are formatted the same and easy to transfer information to and from them. To become an IASB member isn’t an easy…

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    referral credit as a marketing expense on its Income Statement, in accordance with FASB ASU No. 2014-09 par. 606-10-55-43. When Runway elects to convert to IFRS standards, Runway would refer to IFRS No. 15 for transaction reporting guidance. References Board, F. A. (2014). FASB Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). Stamford. Bragg, S. (2013, January 25). What is a deferred cost? Retrieved from Accounting Tools:…

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    Brown v. Board of Education (1954) In 1896, Plessy v. Ferguson introduced the Separate-but-Equal doctrine. This doctrine established that African Americans could constitutionally be kept in separate facilities as long as they were equal. The Supreme Court case Brown v. Board of Education determined that racially separated schools were fundamentally unequal. Therefore, the Brown decision was significant to civil rights because it gave a legal rationale to challenge all forms of segregation, led…

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    Kids should not be playing violent video games because of links to bad behavior. As many as 97% of US kids age 12-17 play video games, contributing to the $21.53 billion domestic video game industry. More than half of the top 50 selling video games contain violence. US psychologist Christopher Ferguson says an increase of violent films in the latter half of the 20th century coincided with decreased societal violence, while rising popularity of violent video games also came together with less…

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