I will pay for the following article The Generally Accepted Accounting Principles and The International Accounting Standards. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. In looking into bringing the differences between FASB and IASB into a common based accounting standards framework, there is a multitude of areas that are being addressed. The Norwalk Agreement2, which is the name given to the convergence undertaking, as it was set forth in Norwalk, Connecticut in the United States, represents the commitment for both accounting systems to seek solutions to arrive at accounting standards that are compatible in domestic as well as cross border financial reporting.

In working toward convergence, there are a broad number of issues involved, however, the most important is finding a solution to the two conceptual differences that separate the two accounting systems. The preceding represents the ‘rules-based’ foundation and framework for accounting standards as utilized by the Financial Accounting Standards Board and the ‘principles-based’ accounting foundation that is used by the International Accounting Standards Board3. The difference between these two approaches is as follows.

The rules-based accounting standard is based upon the utilization of specific details that address “…address as many potential contingencies as possible”4. This makes the FASB standards highly complex, along with being longer, thereby creating the situation whereby arbitrary criteria is used for accounting treatments5. The foregoing has permitted U.S. companies the latitude to structure their transactions so that unfavorable reporting can be avoided6. Both Nelson et al7 and Shortridge and Myring8 agree that the rules-based approach creates an environment that is conducive to transaction structuring, a negative application, whereby the accounting outcome that is desired is achieved, as opposed to operating within the spirit of the standard.

Under the IASB principles-based accounting standard, a conceptual framework is utilized for accountants to adhere to as opposed to using the detailed rules listing of the FASB9. An understanding of the principles-based IASB method is provided by the chairman of the FASB, Robert Herz, in his speech before the United States Subcommittee on Capital Markets stated that the principles-based approach is based on setting forth what the key and critical objectives are in good reporting in the various subject areas, then providing the guidance that explains the objective, along with relating the preceding to a few common examples. Herz10 continued that the principles-based IASB approach does employ the use of rules, however that the intent does not rest upon the providing of specific examples (and or rules) for all potential situations.

Conclusion

In reviewing the foregoing, one can see from Robert Herz’ testimony, that the divide between the FASB rule-based approach, and the IASB principles-based standard are not opposite sides of a coin, but rather different ways of looking at the same side of a coin. Leisening11 advises that in both frameworks the manner of approaching issues in terms of detail differs, however, the foundational conceptual underpinnings are very similar. Bullen and Crook12 concur with the assessment of Leisening13, stating that the Concept Statement of the FASB, along with the IASB Framework provides for a common ground whereby principles-based accounting represents the conceptual and guidance approach, using elements of rules-based accounting to provide specifically in areas that require such to remove vagueness. Thus, the two standards are not in essence that far apart, they simply need to agree on what both standards already use in some degrees of each other’s approaches.

Create a 10 pages page paper that discusses design and facilities curry leaf restaurant project. In order to keep Quality events progressing satisfactorily and resolve any problems on time, there needs to be a deadline which is enforced throughout the project. The tasks assigned in the project under consideration must follow the specified path, that is to say, one work product must be delivered before the next. Using a workflow-based system enables the Project Manager to define the project team, assign tasks to the most appropriate team members, and ensure that they are working satisfactorily. Once that task is complete, the workflow moves the project along to the next person, and so forth. Workflow is the generally accepted way to automate the work products and processes and keep the work going forward.

Typically, projects tend to follow a set of specific patterns, in an away that is analogous to the Design Patterns found in software development – the same project type will be encountered over the course of normal Quality operations. This will allow the creation of a series of Project Templates that will automatically load deliverables based on the type of event that has been encountered. The best project management tools take the Quality Management data and populate the deliverables with this data, so a Project Plan related to the specific event under consideration may be quickly and easily developed

Assigning tasks to individuals is one way to manage a project, but more often than not, it comes down to roles. By using roles, that is to say, Quality Manager, Inventory Control, Health & Safety, etc. the ability of the team may be broadened to handle the work products as the project progresses. Such cross-training means that there will be any number of individuals within the role that can help complete each task within the project removing the risk due to the unavoidable absence of a particular individual who can only perform a given role.

Compose a 3750 words assignment on rap music’s effect on american culture. Needs to be plagiarism free! Corporate brands such as Nike, Coca cola, Sprite, McDonalds, in addition to many more corporate giants have been able to capitalize on this phenomenon. Despite the fact that hip hop and rap culture critics seem to be fixated on messages like violence, harsh language, and sex, the genre has a plethora of positive tenets ascribed to it. This art form has substantial potential of mending ethnic relations (Dill 2009). Between 1950 and 1960, the ‘beat culture’ acted in challenge of the status quo in a manner that has greatly unified individuals (the youth in particular), across a diverse ethnic spectrum. Recent years have seen mounting controversy surround rap music, and at the heart of the American media. From the West Coast-East Coast hype that marked the murders of rappers Notorious B.I.G and Tupac Shakur, to the castigation of modern music in light of Littleton Colorado’s school shootings, it appears that media and political groups have quickly blamed rap for an apparent trend of youth violence. Rap music, in a similar fashion to other music forms, cannot be comprehended until it is studied minus the frame of its social and historical context. Today, rap music ascribed its origin to the hip hop culture of urban, working-class, young African-Americans, and its roots in the oral traditions of Africans. Its function is seen as the voice of an otherwise underrepresented group, and its popularity has grown along with appropriation and commercialization by the music industry. The paper herein discusses the rap music as a genre and its influence on America (Dill 2009).

Rap’s commercial history can be traced back to 1979, the year during which ‘the Sugar Hill Gang’ released the considerably successful song known as ‘Rappers Delight’. Contemporary rap music’s beginning can be traced back to the mid-1970s in the Bronx. Rap music was a way for the urban black youth to express themselves rhythmically.

Need an research paper on compensation management. Needs to be 1 page. Please no plagiarism. Compensation Management of the of the Compensation Management The purpose of the paper is to discuss the details about the three main Equal Pay Act of 1963, FMLA, and COBRA, which are part of the compensation management studies.

“Equal Pay Act of 1963” is an amendment made to the Fair Labor standards Act. It is based upon the idea of no discrimination in the wages of labor based upon gender. It was given the shape of the law by John F. Kennedy as a measure of his new frontier program. It was an important amendment for empowering women and diminishing the wages gap due to sex differences. Learning about labor law and its clauses, which ensure equality in every organization, is very important. Also, it is useful to know which US federal law has empowered women and all genders to be treated equally (Mathis, Jackson, & Valentine, 2013 ).

Considering the FMLA or Family and medical leave act, it can be said that it is another very important lawsuit in the US federal Law. It enables the employees of an organization to take paid leave for family and medical reasons having complete job security during leave. The group health insurance will also continue under same terms and conditions as if the employee had not gone on leave. Knowing about FMLA and all of its clauses is very critical to know because with this information employees will be aware of their leave rights. Moreover, they may apply for leave when necessary staying within the clauses of eligibility of FMLA.

Moving forward to COBRA, “The consolidated omnibus budget reconciliation Act” is a federal law that enables workers to get health benefits for a period of time in which they may have lost their job (voluntary or involuntary), worked lesser number of hours, death case, divorce or facing issues in transition between jobs. COBRA also benefits employees of an organization having 20 or more employees where, they can extend their group health plans for an extended period, otherwise it could have ended (Mathis, Jackson, & Valentine, 2013). COBRA enables employees to elect their continuation of health plan and employers are also required to put up a notice for the cause.&nbsp.COBRA is very integral lawsuit in health and insurance and it benefits every common man of any organization. Its knowledge and application is necessary not only as an employee but as an employer too. The reason behind this is that COBRA can benefit through group health plans and during any tough times. Anyone can be able to apply for the optional benefits knowing the eligibility criteria of COBRA.

Reference

Mathis, R. L., Jackson, J., & Valentine, S. (2013 ). Study Guide for Human Resource Management, 14th. New York: Cengage Learning.

You will prepare and submit a term paper on How to become a good leader. Your paper should be a minimum of 2250 words in length. A lot of researches have been done to understand the definition and essence of leadership, to identify the differences between the managers and the leaders. Management of organizational behavior defines leaders as the “Men and women who saw the need for action, believed in what they were doing, inspired others and, in spite of incredible odds, changed the world.” (Hersey, Blanchard & Johnson, 1). Many theories and meanings of leaders and leadership have been developed throughout the world. All these theories have not been providing with same results however they do agree on certain grounds. All the theories agree that a leader has a clear set of goals and is capable of setting examples. He is a person with strong beliefs and vision for the future. A leader bravely voices his opinions and takes actions on his beliefs and passions. Leadership is a quality or ability that a person possesses to influence and guide others. There are various theories that define and explain leadership. The major ones are the Trait theory, Behavioral theory, Contingency theory and the Transformational theory. The Traits theory identifies certain traits or behavior in a person. This theory believes that human are born with the traits of becoming a leader. The theory suggests that if a person posses the specified traits he is a leader. The Behavioral theory suggests that leaders have a specific behavior towards their followers and that makes them distinct from others. This theory specifies the style and the behavior of the leaders. The contingency theory acts as the critic of the above theories and specifies that the styles and the traits of the individuals can be different in different dynamic situations. This theory suggests that the leaders are defined by their activities and abilities. The characteristics or the behaviors cannot be defined or specified.