Chemistry Stpm Essay

The effects of flood damage on everyday life

The impacts of flood harm on regular daily existence Flood is generally a flood of a territory of water that lowers land and the inflow of tide onto land. Floods are the most successive and expensive characteristic perils, causing very nearly 90 percent of all the harm identified with cataclysmic events. Floods as a rule cause huge scope loss of human life and wide spread harm to properties. This harm is known as flood harm. Inconceivable harm will be caused to agribusiness, along these lines influencing the United States arranging and this will disturb its monetary planning, in this way hindering the economy overall. The impacts of flood harm can be sorted into three kinds, specifically, essential, optional and tertiary. The essential impacts of flood harm incorporate physical harms like harm to spans, vehicles, structures, sewer frameworks, roadways, and even setbacks like individuals and domesticated animals demise due to suffocating. The essential impact of floods is because of direct contact with the rising waters. The speed of water will in general be high in floods and thusly, release increments as speed increments. In view of overabundance precipitation, the waterways and streams stream with higher speeds wherein they can move bigger particles like shakes as suspended burden. Such huge particles incorporate shakes and dregs as well as during a flood it could likewise incorporate huge items, for example, cars, houses and extensions. Huge measures of disintegration during the floods can subvert connect structures, levees, and structures causing their breakdown. During floods, water will likewise enter human constructed structures causing water harm. The flood harm to houses incorporate demolishing of furniture, harm to the floors and dividers of the house and harm to whatever other thing that interacts with the water. Vehicles on the streets get abandoned in the floods and they become really excited by the rising waters or water goes into the car, which brings about harm that can't be effectively fixed. The rising water conveys silt as suspended burden. As the rising waters retreat, the residue get stored and things and structures including the inside of structures typically get secured with a thick layer of stream-kept mud. Farmlands influenced by floods face an enormous misfortune as they normally bring about harvest misfortune. Domesticated animals, pets, and different creatures are regularly diverted by the solid flows of the rising water. People who get trapped in the high speed rising waters regularly get suffocated. Among the auxiliary impacts of flood harm are the interruption of numerous basic administrations like gas and power. Flood harm additionally incorporates the sullying of the drinking water gracefully, if sewage treatment plants are overwhelmed. This represents a more noteworthy danger since this may bring about malady and other wellbeing perils, particularly in immature nations. The open transportation frameworks may likewise be disturbed during floods, bringing about deficiencies of food and different supplies. Tertiary impacts of flood harm are commonly long haul impacts like the area of stream channels that may change as a result of flooding; less new channels will create, leaving the old channels dry. Farmlands with crops get annihilated by the residue testimony brought about by the floods. Individuals will be unable to make it to their working environment because of interruption of administrations. The floods may likewise bring about decimation of natural life territory. Despite the fact that floods have a few focal points, in the event that we take a gander at it in a more extensive viewpoint we can presume that generally, floods cause devastation to life and property of humankind. By following different preventive estimates the impacts of flood harm can be diminished as it were.

HATE CRIME Example

HATE CRIME Example HATE CRIME â€" Essay Example > IntroductionHate crimes are actions that are criminal in nature and may harm certain groupings or intimidate them. They are usually aimed at people who come from minority groups and may be victimized on the basis of any of the following; their sexual orientationtheir racereligionethnicityother minority group factorsHate crimes have been in place from time immemorial. One moment in history was during the Nazi regime in the early twentieth Century. During that time, atrocities, killings and other forms of hate crimes were committed against people who held religious and ideological differences from the majority groups. More hate crimes were eventually perpetuated with the increasing number of blacks in The American Republic; this has been a problem that still exists up to modern day. Most recently, hate crimes have been geared towards people with an uncommon sexual orientation more commonly known as gays or lesbians. This latter group has attracted a lot of attention and has brought about a lot of psychological insights into the reasons why people engage in those hate crimes and what psychological trauma could result from those acts. (Bodenhausen, 1990)Psychological problems that underlie hate crimesInsecuritiesThe human nature is such that when it has been faced with a particular problem which it does not seem to understand very well, it may look for the nearest party to blame. Prior to the September eleven attacks on the twin towers and the Pentagon, there were numerous cases of many Arab Americans who could walk the street freely without fear or intimidation. But after the attacks, Arabs all of a sudden became the objects of scorn, suspicions, verbal abuses, threats, those who had shops had their property looted and some were even killed for the simple ‘misfortune’ of being an Arab. This scenario could most likely have been brought about by the fact that most people were now feeling more insecure. They felt that they had to do something to protect them selves since they did not feel safe within their country. They started viewing those they were unfamiliar with as potential suspects. A professor in psychology at the University of Massachusetts called Ervin Staub attributes such behavior to a reduced level of self importance. When Americans had been attacked by some other group, they felt that their senses of self had gone down and they regarded the world as a hazardous place. (Darley Gross, 1983)It must be noted that not all people are capable of acting out on their feelings of mistrust. Most of them in fact go out of their way to suppress them but there are others who may not be able to control those emotions. This could be the reason why numerous cases of hate crimes were reported at that time. There was a scenario when one driver wanted to deliberately run over a woman of Pakistani origin. Besides that, there was also another case of someone who killed an owner of a gas station in Arizona. There were other less conspicuous a cts that occurred as a direct result of the rising insecurities that Americans felt after the September eleventh terrorist attacks.

Thesis on Flannery OConnors Good Country People Essay

Thesis Statement: In Flannery OConnors short story Good Country People, the expulsion of the outside world allows for more emphasis on the symbolic nature of each of the active characters. I. The Kitchen A. Introduction of the characters B. Symbolic use of names in Free.man and Hope.well C. Introduction of the outside world II. The Bible Salesman A. The faà §ade of names B. The absence of other men C. Separation from the Outside world III. The Barn Loft A. Opening the gate for failure B. Scaling the ivory tower C. Widening the scope from detail to general In the short story Good Country People, by Flannery OConnor the world is made smaller in order to look with great scrutiny at the players of this game of life. There†¦show more content†¦After loosing her leg at the age of ten, and remaining aware for the entire episode, she is stripped of the capacity for Joy, and Hope both. The Freeman name is a direct play on the status of the family as tenant farmers, as while Mrs. Freeman may come in and rest her elbow on the refrigerator as she likes, the family is certainly not free, nor will they ever enjoy the social or financial freedom of the Hopewells. This last name is likewise given a dual meaning. Mrs. Hopewell in simply incapable of doing less than assuming all is well that ends well. The bible salesman even alludes to a direct play on the family name as he jokes I hope you are well! The introduction of the bible salesman, Manley Pointer, is in and of itself another play on the use of names as symbolic meaning. This is eviden ced by the very phallic nature of the name and his sole representation of the male gender as an active character. Manleys presence is the first and only physical arrival of the outside community in the Hopewell home. The rest of the social interactions with others are kept at great distance. The phone conversation with the previous employer of the Freemans, Hulgas university, even the ...Negros back in there, which Mrs. Hopewell assumes hes been selling bibles to when he departs with Hulgas wooden leg, are kept outside of the action. When Manley and Hulga sneak away from the sanctity of the home to rendezvous on the road outside, it is toyed with as aShow MoreRelatedANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagesrefer to the plot of a work of fiction, then, we are referring to the deliberately arranged sequence of interrelated events that constitute the basic narrative structure of a novel or a short story. Events of any kind, of course, inevitably involve people, and for this reason it is virtually impossible to discuss plot in isolation from character. Character and plot are, in fact, intimately and reciprocally related, especially in modern fiction. A major function of plot can be said to be the representation

Racial Equality And Opportunity For African Americans

Even after slavery was erased from the lives of African Americans, something rather equal to slavery was introduced. Sharecropping was what they called it and although it didn t fool all African Americans, it still resembled the same practice of slavery itself. Equality and opportunity were the main words that would have African Americans develop faith during the time period of 1865 to 1905. Of course, lives of African Americans continued to be painfully raw in disguise. On December 18, 1865, Thaddeus Stevens held a speech at the U.S House of Representatives during the phase of reconstruction. Thaddeus was a Radical Republican who had a strong belief in giving Africans rights and support just as white Americans had doc 1. Steven s explains, that after time of torture they are finally letting African Americans loose and they have nowhere to go. They have no money, shelter, nor education to help them start a life. In the speech he believes that something must be done in order to help these African Americans establish and construct an opportunity for them. Their condition is unjust and this whole idea of sharecropping isn t changing a thing for them anyways. Black codes were laws for all African Americans to follow that were very unjust. They discriminated the black race in all ways possible doc 2. These laws only labeled the inabilities of African Americans by restricting many activities making them seem useless and pathetic. Supposedly, the deal was to help these peopleShow MoreRelatedHow Racial Minorities Found Hope for Improvement1167 Words   |  5 PagesRacial minorities have suffered a treacherous life under the white majority for the period 1870s-1930s. However, they worked hard to improve their political, social, and economic conditions with some successes and failures. By overcoming the laws and regulations placed by the white majority, racial minorities found methods to settle in an area and earn a living. Even though they were not guaranteed equality, minorities lived an arduous yet hopeful life, waiting for the day when they could be treatedRead MoreThe Cold War Between Communism And Communism1382 Words   |  6 PagesAfte r WW2, United States became the greatest power in the world; many American politicians thought that Unites states should play the role as a leader to â€Å"lead the rest of the world to a future of international cooperation, expanding democracy, and ever-increasing living standards (Give me Liberty P952).† They wanted to express the idea of equality, civil rights, and the freedom to the world, and hoped to build an easier world for democracy and capitalism. However, Soviet Union, which was the onlyRead MoreAnalysis Of Martin Luther Kings I Have A Dream Speech989 Words   |  4 Pagesexpound on her statement. In his life as well as Martin Luther King Jr.’s, â€Å"I Have a Dream† speech, he was an avid and determined African American striving for racial equality. He allowed for others to follow his lead and to continue his legacy as the U.S continues to live on as a nation of freedom, liberty, and security. King’s presentation addresses the African America n race, expressing a daring opinion for the whites of North America to consider them in the United States today, making the speechRead MoreRacial Discrimination And The Criminal Justice System1512 Words   |  7 Pagesbe undeniable. Equality and justice are out of reach with the racism that takes place in our criminal justice system and our country. Racial discrimination is prevalent amongst the African American culture in issues regarding drug use, and incarceration which creates unfair inequality for this race. I will use peer reviewed articles to verify the racial disparity in the criminal justice system. The first article I am going to focus on, Foreword: Addressing the Real World of Racial Injustice in theRead MoreAnalysis Of Martin Luther Kings I Have A Dream Speech1031 Words   |  5 Pagesexpound on her statement. In his life as well as Martin Luther King Jr’s â€Å"I Have a Dream† speech, he was an avid and determined African American striving for racial equality. He allowed for others to follow his lead, and to continue his legacy as the U.S continues to live on as a nation of freedom, liberty, and a home of safe living. King’s presentation addresses the African American race, expressing a daring opinion for the whites of North America to consider them in the United States today, making theRead MoreRace is Still a Factor in America Essay1497 Words   |  6 Pagesconsidered to be African- American have made several outstanding achievements since the times of segregation; they have obtained the same suffrage rights, the same job opportunities, and many more privileges that were previously denied to them by their Caucasian counterparts. Though the people of African- American decent have come a long way since the early times of segregation, are they truly seen as equals to the people around them? Have African- Americans been able to obtain the equality Dr. King dreamedRead MoreRacial Leadership And The African American Political Thought From B Du Bois1260 Words   |  6 Pageshistory of United States we have had different views of racial leadership in Afro American political thought from W.E.B Du Bois to Booker T. Washington to Marcus Garvey who sought to lead African-Americans from the oppression they face. All three of these historical figures had different views on racial leadership and politics as well as the vision and direction that racial emancipation should take. W.E.B Du Bois argued that African-Americans should political, economic, and social freedom and advancementRead MoreAfrican Americans And The Civil War1309 Words   |   6 PagesIn the summer of 1619, the first Africans were brought to Jamestown, Virginia not to live as free settlers but as subordinate slaves. They worked strenuously for Whites, who considered themselves superior to Africans, without much benefit. Racism is not just the belief that one race is superior to others, but the act of negatively identifying individuals based on the color of their skin. Attributing race to individual character has proven to have negative implications that are difficult to mend.Read MoreEffects Of The Civil Rights Movement910 Words   |  4 Pagesconflict after African Americans in Southern states were mistreated and had very different rights as the white. Some of the inequalities that African Americans had to face include the opportunities for housing, education and employment, the right to vote, and discrimination in several public places. This also gave the Supreme Court a new aspect since discrimination and segregation were legal. With a great leader such as Dr. Martin Luther King Jr. protesting for equal rights, the African Americas wereRead MoreEssay on Martin Luther Kings Successful Philosophy1019 Words   |  5 Pagesbrought to America and put into slavery. They were treated more cruelly in the United States than in any other country that had practiced slavery. African Americans didn’t gain their freedom until after the Civil War, nearly one-hundred years later. Even though African Americans were freed and the constitution was amended to guarantee racial equality, they were still not treated the same as whites and were thought of as second class citizens. One man had the right idea on how to change America

Vichy France and Eisenhower Free Essays

Eisenhower’s moral reasoning in handling the Darlan situation involved several key principles of a ‘traditional ethic’ for the military profession. Specifically, Eisenhower demonstrated ‘service to country subordinating personal interest to mission accomplishment’ and ‘promoted and safeguarded the welfare of subordinates’ in making decisions regarding this politically sensitive case. Eisenhower was well aware going into the Torch campaign of the strategic significance of allied victory in the early stages of the war. We will write a custom essay sample on Vichy France and Eisenhower or any similar topic only for you Order Now The potential for French reaction and Vichy government resistance to invasion of their North African colonies was all too real. Eisenhower clearly understood that Darlan would be a key strategic ‘center of gravity’ for controlling potential Vichy resistance. As Churchill noted, â€Å"Kiss Darlan’s stern if you have to, but get the French Navy†(page 354). As a result, the Darlan deal Eisenhower orchestrated resulted in a cease-fire agreement between French and Allied forces in exchange for appointing Darlan as military governor or high commissioner of North Africa, much to the outrage of the British and American governments. In analyzing Eisenhower’s moral reasoning in getting to such a deal, there are two specific principles of the ‘traditional ethic’ to consider. The first is the principle of service to country where personal interests are subordinate to requirements of the profession and to mission accomplishments. Eisenhower was given orders from his civilian bosses, to include FDR, to ‘use whatever means necessary to resolve the French problem’. He accordingly knew that Darlan, once the Giraud option failed, was his only option. He understood the decision on the deal would be politically controversial but that to accomplish the mission, it was necessary. In this case, Eisenhower demonstrated the moral courage to make a tough decision where ‘leadership would not equate to likership† and he expected that criticism would ensue. The second moral principle Eisenhower demonstrated was to promote and safeguard the welfare of his subordinates as persons, not merely as Soldiers, Sailors or Airmen. Here Eisenhower kept in mind what he needed to do to save the lives of his men, not the careers of statesmen. He maintained a Soldier’s perspective, not a political perspective. With regards to Darlan, he knew â€Å"this guy can stop the fighting and nobody else can† (page 355). He also understood that winning the favor of Darlan would directly impact the success of Torch by allowing uncontested access to key terrain and facilities. For example, he knew that use of airfields at Tunis and Bizerte, both French controlled, would help achieve overarching goals in North Africa and again save the lives of his men. On the surface, Eisenhower’s actions in handling the Darlan deal may point to poor and hasty decision making from a novice Allied Commander early in the war. Further analysis reveals Eisenhower’s skills and ethical reasoning were largely at play. Ultimately, he believed the deal would save the lives of his men, accomplish the mission and he was willing to assume risk and accept blame for it. How to cite Vichy France and Eisenhower, Essay examples

The need for an agreed international conceptual framework Essay Example For Students

The need for an agreed international conceptual framework Essay As we know, the demand of an in agreement international conceptual model is really of import and had been discussed above. But the job is about which criterion are more acceptable to the planetary user. First of wholly, the worldwide accounting is governed by one of two regulating organic structures: International Accounting Standard Board ( IASB ) or Financial Accounting Standard Board ( FASB ) ( Vitez, 2010 ) . IASB governs accounting in 150 states worldwide including England and the members of European Union, harmonizing to official web site of IASB. IFRS are a set of accounting criterions for formal fiscal coverage are developed by the International Accounting Standards Board ( Vitez, 2010 ) . We will write a custom essay on The need for an agreed international conceptual framework specifically for you for only $16.38 $13.9/page Order now Beside it, in 1973, The US Securities and Exchange Commission ( SEC ) set-up FASB as an organisation that responsible for develop the accounting criterion for the company in US. FASB is a non-organization whose primary intent is to develop, follow, publish the US GAAP ( Generally Accepted Accounting Principles ) ( Trusty, 2011 ) . US GAAP cover all accounting in the US. In an article from the Wharton Business School at the University of Pennsylvania province that For illustration, while U.S. GAAP is based on regulations and specific inside informations, International Financial Reporting Standards be given to be more loosely based on rules. This sentence merely means that US GAAP is mostly rule-based while the IFRS are principles-based international accounting criterions ( Adam, 2007 ) . US FASB s rules-based criterions are mentioning to a system of fiscal coverage. Rule-based accounting require comptrollers follow a listed of specific regulations when fixing the fiscal statement. For illustration, if a mill leases a machine, the company must follow the particular regulations to find if the dealing is an operating rental or a capital rental. Rule-based accounting criterion have really widely and integral elaborate explain refering what is or is non allowed ( Alexander and Jermakowicz, 2006 ) . Features of regulation based accounting standard including bright-line thresholds, range and bequest exclusions, big figure of execution counsel, and a high degree in item ( Mergenthaler 2009 ) . In instance, many comptrollers are favour in utilizing the regulation based fiscal coverage system. This is because if there is non rule, comptrollers need to judge and fix the fiscal statement by his perceptive. And if their judgement of fiscal statement is incorrect, they might be brought to tribunal. When there are rigorous regulations need to be followed, the possibility of case was lessening or even did nt be ( Togeeze, 2008 ) . Advantages of this criterion are by and large considered easier to scrutinize for conformity intents, and may bring forth more consistent and comparable fiscal studies across entities. Because of the regulation, the format of fiscal statement of the all public companies is the same, hence the fiscal study of them are more comparison ( Schipper, 2003 ) . For illustration, the manager or other user can compare the fiscal study with other companies easy. The disadvantage of this criterion is often easier to. Game , as entities may seek for loopholes that meet the actual diction of the criterion but violate the purpose of the criterion. A bright-lines trials which is provided by regulation based accounting criterion can easy be avoided. Hence, comptrollers can play around the regulation, and manipulated the consequence. Another disadvantage is a deficiency of flexibleness with respect to altering conditions, tendency and new merchandises. And it besides limited the usage of opinion ; flexibleness of comptrollers in their execution, merely because of this criterion had a regulation to follow. Besides, it will necessitate about continual care at times. Because the regulation was fixed but the real-world environment is keep altering so the organic structures need to maintain continual care, develop, and adopted the accounting criterion in order to run into the demands ( Basiccollegeaccounting.com, 2006 ) . .u6585146a015250696c695f3c6453015e , .u6585146a015250696c695f3c6453015e .postImageUrl , .u6585146a015250696c695f3c6453015e .centered-text-area { min-height: 80px; position: relative; } .u6585146a015250696c695f3c6453015e , .u6585146a015250696c695f3c6453015e:hover , .u6585146a015250696c695f3c6453015e:visited , .u6585146a015250696c695f3c6453015e:active { border:0!important; } .u6585146a015250696c695f3c6453015e .clearfix:after { content: ""; display: table; clear: both; } .u6585146a015250696c695f3c6453015e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6585146a015250696c695f3c6453015e:active , .u6585146a015250696c695f3c6453015e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6585146a015250696c695f3c6453015e .centered-text-area { width: 100%; position: relative ; } .u6585146a015250696c695f3c6453015e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6585146a015250696c695f3c6453015e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6585146a015250696c695f3c6453015e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6585146a015250696c695f3c6453015e:hover .ctaButton { background-color: #34495E!important; } .u6585146a015250696c695f3c6453015e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6585146a015250696c695f3c6453015e .u6585146a015250696c695f3c6453015e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6585146a015250696c695f3c6453015e:after { content: ""; display: block; clear: both; } READ: Organizational Culture EssayOn the other manus, IASB s principles-based international accounting criterions is based on the conceptual framawork of accounting which includes determination utility, true and just position, traveling concern, substance over signifier. This standard takes the signifier of general rules, and requires mostly interpretation and judgement by the comptrollers before they can be implemented. The rules based accounting non merely increases the possible for different reading, but besides provides counsel in more countries ( Adam, 2007 ) . Although some of the regulation is ineluctable, but the guidelines and regulations set are non meant to be applied in every state of affairs ( Togeeze, 2008 ) . The features of rules based accounting standard including faithful presentation of economic world, antiphonal to user s demands for lucidity and transparence, based on an appropriately-defined range that addresses a wide country of accounting and the usage of sensible judgement ( A. DiPiazza, Jr. , 2008 ) . The advantage of rules based accounting is that its wide guidelines can be practical and applied to assortment fortunes. Broad principles avoid the booby traps associated with precise demands that allow contracts to be written specifically to pull strings their purpose. A relevant instance is A 1981 survey sponsored by FASB found grounds that comptrollers purposefully try to construction rentals as operating rentals to avoid incurring extra liabilities. Hence, supplying wide guidelines may better the representational fidelity of fiscal statements.A Another advantage of this accounting criterion is that it would ensue in simple and clear criterions. The rules based accounting system would take to standard that would be less than 12 pages, instead than over 100 pages ( Herz, 2002 ) . The rules would be easy to understand and can be implement to a wide scope of minutess. Harvey Pitt, who is a former SEC president, claimed that Because criterions are developed based on regulations they are insufficiently flexible to suit future developments in the market place. This has resulted in accounting for unforeseen minutess that is less crystalline ( Pitt, 2002 ) . In add-on, rules based accounting standard allow the comptrollers to use professional opinion in measuring the substance of a dealing. Chairman of FASB ( Herz ) stated that the professionalism of fiscal statements would be enhanced if comptrollers are required to utilizing their judgement instead than trusting on elaborate regulations ( Herz, 2002 ) . Furthermore, this type of accounting standard reflects the existent public presentation of company s fiscal statement accurately. In instance, Australian Securities and Investments Commission Chairman David Knott has stated, an addition in principles-based accounting criterions would cut down uses of the regulations ( Nationwide News, 2002 ) .A The disadvantages of rules based accounting standard including deficiency of precise guidelines which could take to incompatibilities in the application of criterions across organisations. For illustration, companies are required to acknowledge both an disbursal and a liability for a contingent liability that is likely and estimable. On the other manus, a contingent liability that is moderately possible is merely reported in the footers. With no precise guidelines, how should companies find if liabilities are likely or merely moderately possible? The deficiency of bright-light criterions may cut down comparison and consistence which is basic perceptive of fiscal accounting ( Trogulj, 2008 ) . Another disadvantage of this accounting criterion is because of the extent that they rely on single judgement to construe and implement the criterions. It produces the undependable and inconsistent information that make it hard to compare ( Basiccollegeaccounting.com, 2006 ) . There are the account and advantage, disadvantage of two systems. And the two systems are strictly different. There are some illustrations between the two system of impacts on the fiscal statements and hence on the behavior of concerns. First one is Consolidation. IFRS favors a control theoretical account whereas U.S. GAAP prefers a risks-and-rewards theoretical account. Some entities consolidated in conformity with FIN 46 ( R ) may hold to be shown individually under IFRS. .ubc1a8320a760a5a396e6c68bef0809a3 , .ubc1a8320a760a5a396e6c68bef0809a3 .postImageUrl , .ubc1a8320a760a5a396e6c68bef0809a3 .centered-text-area { min-height: 80px; position: relative; } .ubc1a8320a760a5a396e6c68bef0809a3 , .ubc1a8320a760a5a396e6c68bef0809a3:hover , .ubc1a8320a760a5a396e6c68bef0809a3:visited , .ubc1a8320a760a5a396e6c68bef0809a3:active { border:0!important; } .ubc1a8320a760a5a396e6c68bef0809a3 .clearfix:after { content: ""; display: table; clear: both; } .ubc1a8320a760a5a396e6c68bef0809a3 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubc1a8320a760a5a396e6c68bef0809a3:active , .ubc1a8320a760a5a396e6c68bef0809a3:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubc1a8320a760a5a396e6c68bef0809a3 .centered-text-area { width: 100%; position: relative ; } .ubc1a8320a760a5a396e6c68bef0809a3 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubc1a8320a760a5a396e6c68bef0809a3 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubc1a8320a760a5a396e6c68bef0809a3 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubc1a8320a760a5a396e6c68bef0809a3:hover .ctaButton { background-color: #34495E!important; } .ubc1a8320a760a5a396e6c68bef0809a3 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubc1a8320a760a5a396e6c68bef0809a3 .ubc1a8320a760a5a396e6c68bef0809a3-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubc1a8320a760a5a396e6c68bef0809a3:after { content: ""; display: block; clear: both; } READ: Christopher Columbus EssaySecond is Measurement of Inventory. Under IFRS, LIFO can non be used while under U.S. GAAP, companies have the pick between LIFO and FIFO. Third is Income statement. Under IFRS, extraordinary points are non segregated in the income statement, while, under US GAAP, they are shown below the net income. Fourth is Improvement costs. The betterment costs can be capitalized under IFRS if certain standards are met, nevertheless the development, betterment cost is recognised as expenses under U.S. GAAP ( Forgeas, 2008 ) . Without rules the regulations are nonmeaningful ( Estiben, 2006 ) . We think that the IASB s principles-based accounting criterion was more acceptable for planetary users of fiscal statements because a rule is more unfastened to interpretation than a regulation. The current rules-based system is excessively complex and non crystalline plenty for users of fiscal statements. The principles-based attack is besides supported by the International Accounting Standards Board and advocates of the principles-based attack believe a alteration is necessary in a planetary economic system. The planetary users of fiscal statement are ever tried to see the company existent public presentation and other relevant information of company. The rules based accounting criterion provided more minimum counsel, greater usage of professional judgements and other advantages which are planetary users of fiscal statement privation ( Sdriscoll, 2006 ) . Therefore, the planetary users of fiscal statement will be m ore acceptable rules based system alternatively of regulation based system.