Encountering God And Excuses Excuses Religion Essay

Encountering God And Excuses Excuses Religion Essay Theres a story of a Scottish discus thrower from the nineteenth century. In the days before personal trainers, he developed his skills by himself in the Scottish highlands near his village. He made his own iron discus from a description he read in a book. What he did not know was that the discus used in competition was made of wood with an outer rim of iron. The discus he made was solid metal and weighed three or four times as much as the ones used by his would-be competitors. This committed Scotsman marked out in his field the distance of the current record throw for all of Britain and trained day and night to be able to match it. For nearly a year, he labored under the self imposed burden of the extra weight. He became very, very good. He reached the point where he could throw his iron discus the record distance, maybe farther. He was ready. He traveled south to England for his first competition. When he arrived at the games, they handed him the regulation wooden discus, which he p romptly threw like a tea saucer, like wed throw a Frisbee. He set a new record, a distance so far beyond those of his challengers that no one could touch him. He thus remained the uncontested champion for year after year after year. From that moment on his life had a defining image: Train under a great burden and you will be so far beyond the rest of the world you will be untouchable. Each one of us has a story that tells us who we are. Every life is defined by a narrative. There was a time when our culture had such a defining story. The hours of the day were marked by the ringing of church bells. We lived Anno Domini in the year of our Lord. Our role models were the lives of the saints. When we left we said, God be with you, which we have today compressed into our word, Goodbye. But todays role models are movie stars and sports celebrities. Our greeting is Have a nice day. Oh, once in a while a story will come along, like the terrible tragedy or a terrorist threat, and pull us all together for a moment or two. Or we find a kind of togetherness in cheering for a sports team. I dont know about you, but I yearn to hitch my itty bitty life to some grand story that makes every moment throb with meaning and purpose and excitement and adventure. Ive found that story for me in the pages of this book the Bible. This book tells me the hunger in my heart corresponds with the reality of the universe. Thats why I like the name of our radio programme Word Alive. Theres a God who wants to enlist you and me to join him in loving, redeeming, and restoring the world. And this God comes to you the same way he came to an aimless wanderer named Moses centuries ago. To meet this God is to discover why youre alive and on this planet. So how big an adventure are you up for today? Are you ready to stop watching other peoples reality shows and star in one of your own as one of Gods everyday heroes? Lets step into Gods story today as we continue a series of messages on the foundational event of the Bible, God leading the children of Israel out of Egypt. Jane Thank you for joining us for todays Word Alive with Dr. Derek Stringer and Im Jane Moxon Ill be commenting from time to time. Derek has been teaching from the life of Moses and explaining how we can encounter God today and get His direction for our lives making it significant and of value. Heres Derek Derek And thanks for your help Jane. Have you ever been reluctant to take a call? I think weve all have been there, especially now that many of us have caller ID on our phones. Have you ever gotten a call, looked at the ID and then were reluctant to take the call? I am so thankful for the ex-directory in England because I think every salesman in the country knew when I sat down for a meal. They would decide thats the time were going to call Derek Stringer. Incidentally, someone has come up with a list of twenty responses to use with these telemarketers. I like several of them, but one is my absolute favourite and one of these days Im going to get up the courage to do it. It suggests: Tell the telemarketer you are busy at the moment and ask him if he will give you his home phone number so you can call him back. When the telemarketer explains that they cannot give out their home number, say, I guess you dont want anyone bothering you at home, right? When he says, Yes, then you say, Me neither! Lets face it weve all had calls at times that we just didnt want to take, and we were reluctant to answer. I want us to consider the fact that sometimes were reluctant to answer the call even when we know that its God whos doing the calling. I want to talk a little bit about what it means to be called by God. Jane As we study Gods call of Moses at the burning bush, we understand that God doesnt call us the same way that he called Moses, but he does call us. Derek In fact, you may recall that the Greek word for church is ekklesia. It literally means, the called out. We are the called out people of God. Peter said, You areà ¢Ã¢â€š ¬Ã‚ ¦.his own special people, that you may proclaim the praises of him who called you out of darkness into his marvellous light. I know that this broadcast will reach people who make no claim to be Christians. And I want you to understand that God is calling you this very day, calling you to make the decision to become a child of God. Many who listen to this broadcast are Christians whom God is calling to greater heights of service. There are things that God wants you to do for him. There are people that God wants you to talk to. God is calling you to proclaim the praises of Him who brought you out of darkness and into the marvellous light. As we look at the call of Moses, I want you to consider how God is calling you. Jane Were going to look at the first part of Exodus 4. Derek When I say Moses, what comes to mind? The old Hollywood Movie with the piercing blue of eyes of Moses Charlton Heston standing before the throne of Pharaoh Yul Brenner? When we glamorize Moses we create distance between ourselves and him. The more distance you put between yourself and any Bible character, the less help the character provides us in our life before God. The real Moses? He was probably a lot more like Charlie Brown. In one of my favourite Peanuts cartoons Lucy says, Life, Charlie Brown, is like a deck chair. Like a what? he says. Havent you ever been on a cruise ship, Charlie Brown? Passengers open up these canvas deck chairs so they can sit in the sun. Some people place their chairs facing the rear of the ship so they can see where theyve been. Other people face their chairs forward. They want to see where theyre going. On the cruise ship of life, Charlie Brown, which way is your deck chair facing? Charlie thinks a minute and says: Gee, Ive never been able to get one unfolded. Ever feel like that? Like people all around you are going somewhere in life and you cant even unfold the deck chair? Yet as the curtain rises on the man who will become the most important person in the Bible, second only to Jesus, Moses is a foot-dragging loser. Moses had it made in Egypt, then killed a man and fled for his life. Ever since, hed been going nowhere. What do you say to someone 80 years old who doesnt know what he wants to be when he grows up? (Someone has said the reason adults are always asking children what are you going to be when you grow up? is because we dont know ourselves and were looking for suggestions.) Moses was tending his father-in-laws sheep not even his own in the desert of Midian. He squinted out across the parched landscape in search of shrubs for the hungry animals and noticed a bush on fire that did not burn up. As he came closer to investigate, suddenly a voice spoke to Moses out of the fire. Moses mouth fell open at a bush ablaze with God: I have indeed seen the misery of my people in Egypt. I have heard them crying out because of their slave drivers, and I am concerned about their suffering. So I have come down to rescue them from the hand of the Egyptians. Jane Youll recall from our past couple of lessons that Moses is at the burning bush. Derek God has revealed to Moses his sacred name I AM, Yahweh and God has announced that he has chosen Moses to go to tell Pharaoh to let His people, the Hebrews, go. Jane Then Moses answered and said, But suppose they will not believe me or listen to my voice; suppose they say, The LORD has not appeared to you.' So the LORD said to him, What is that in your hand? And he said, A rod. And He said, Cast it on the ground. So he cast it on the ground, and it became a serpent; and Moses fled from it. Then the LORD said to Moses, Reach out your hand and take it by the tail (and he reached out his hand and caught it, and it became a rod in his hand), that they may believe that the LORD God of their fathers, the God of Abraham, the God of Isaac, and the God of Jacob, has appeared to you. Derek Furthermore the LORD said to him, Now put your hand in your bosom. And he put his hand in his bosom, and when he took it out, behold, his hand was leprous, like snow. And He said, Put your hand in your bosom again. So he put his hand in his bosom again, and drew it out of his bosom, and behold, it was restored like his other flesh. Jane Then it will be, if they do not believe you, nor heed the message of the first sign, that they may believe the message of the latter sign. And it shall be, if they do not believe even these two signs, or listen to your voice, that you shall take water from the river and pour it on the dry land. And the water which you take from the river will become blood on the dry land. Derek Then Moses said to the LORD, O my Lord, I am not eloquent, neither before nor since You have spoken to Your servant; but I am slow of speech and slow of tongue. So the LORD said to him, Who has made mans mouth? Or who makes the mute, the deaf, the seeing, or the blind? Have not I, the LORD? Now therefore, go, and I will be with your mouth and teach you what you shall say. Jane But he said, O my Lord, please send by the hand of whomever else You may send. So the anger of the LORD was kindled against Moses, and He said: Is not Aaron the Levite your brother? I know that he can speak well. And look, he is also coming out to meet you. When he sees you, he will be glad in his heart. Now you shall speak to him and put the words in his mouth. And I will be with your mouth and with his mouth, and I will teach you what you shall do. So he shall be your spokesman to the people. And he himself shall be as a mouth for you, and you shall be to him as God. And you shall take this rod in your hand, with which you shall do the signs. Derek God comes to Moses with a job to do. I want you to understand that when God has a job he wants you to do, he doesnt ask you; he tells you. He doesnt extend an invitation; he gives a commission. God said to Abraham, You go to this place I will show you. He said to Elijah, Go, present yourself to Ahab. Jesus said to his disciples, Go into all the world and preach the gospel to every creature. But now the call of God comes to Moses and Moses doesnt want to answer the phone. And I can understand a little bit of what Moses is thinking. Have you ever been asked to go back to the place of your absolute greatest failure? I would imagine that everybody can think of a place or think of a person that frankly you wouldnt mind if you never saw that place or that person again. Because it brings back a memory of a time when you blew it on a scale you dont even like to think about. And when we dont want to do something, we tend to make excuses, and thats exactly what Moses does here. Lets look at some of his excuses and as we do so, were going to notice that were still making the same excuses today. The first excuse Moses made was, I dont have any credibility. Jane He said in verse one, What if they dont believe me and they say, The Lord did not appear to you? DS Now Moses question may seem to be valid, but its actually a denial of Gods clear promise because if you look back in chapter 3, verse 18, God said, The elders of Israel will listen to you and Moses says, in essence, Yes, but what if they dont? Now that shows you what failure can do to a mans thinking. If we have tried and we have failed, it has a way of inhibiting us, it has a way of paralyzing us for years to come. In Moses mind, he was certain that he was damaged goods. There was no way that he could ever go back to the Hebrews and effectively exercise any authority in their eyes. He says, Lord, youve got the wrong guy. Ive got no credibility with those people. Now God graciously recognizes what Moses is worried about and the difficulty hes facing. So what God says is, All right, Moses, heres what were going to do. Im going to give you some authenticating miracles so that you can be convinced that you do have my credibility and you can be a man they can listen to. The first thing God says is, Take that staff and throw it down. So he did. It became a snake and the Bible says that Moses ran away from it. Now theres finally one thing that Moses and I have in common. If we see snakes, we both run away from them. I do not understand people who want snakes for pets. Snake experts will tell you that most snakes are not poisonous, and you can tell the pit vipers theyre the poisonous ones they have these little pits behind their snouts. I remember hearing that for the first time and thinking, You idiot! I dont ever intend to be close enough to the face of a snake to see if hes got pits! You dont take any chances. You see a snake, you run. Now God knows exactly what hes doing with Moses. Hes got to deal with Moses fear. So that thing becomes a snake. And then what did he say next? Pick it up by the tail. You dont do that to snakes! But God said, Pick it up by the tail. And Moses obeyed. And it turned into a staff. Jane Then God said, Put your hand in your cloak. Derek And Moses did, and when it came out it was covered with leprosy. You need to remember you couldnt cure leprosy in those days. Leprosy was fatal. You dont think Moses was afraid? Whats God doing? Hes teaching Moses, Listen, the things that you think are deadly are nothing in my hands. Like Pharaoh. The things that frighten you dont need to frighten you. You dont need to be afraid. And God says, Moses, you dont need to promote your authority. You just need to report and represent my authority. God has all the credibility he needs to deliver people from their bondage. You and I dont need to worry about credibility. Sometimes I make the mistake of thinking, Theres nothing I can say that will change this persons life. Who am I that he should listen to me? Folks, the authoritys not ours. Its Gods. Were just his ambassadors. We need to go and tell people what God said they need to hear, and Gods got enough credibility to take care of both of us. Jane Paul said to the Thessalonians, For this reason we also thank God without ceasing, because when you received the word of God which you heard from us, you welcomed it not as the word of men, but as it is in truth, the word of God. Derek And so, the second excuse. He said to God, I dont have the ability. Jane Verse 10, O my Lord, I am not eloquent, neither before nor since You have spoken to Your servant; but I am slow of speech and slow of tongue. Derek Its strange that Moses should say that, because Stephen said in his sermon in Acts 7 that Moses was powerful in speech. So either Moses didnt want to admit his ability, or Moses had forgotten about his ability, or maybe after 40 years in the desert, he felt like he lost that ability. But at any rate, Moses is absolutely persuaded, God, youve got the wrong man. I dont have the gifts. I dont have the ability. And it sounds as if Moses is being very humble. Lord, Im just not good enough. Jane He said the same thing back in chapter 3 when God said to Moses, Im going to send you to Pharaoh, and Moses responded in verse 11, Who am I, that I should go to Pharaoh and bring the Israelites out of Egypt? Derek Now that sounds very humble, doesnt it? I hear Christians say the same thing all the time, Id love to teach a church class, but Im just dont have the ability. Id love to do this or do that, but I just dont feel qualified. And that sounds so very humble. After all, doesnt the Bible say we shouldnt think of ourselves more highly than we ought to think? I want you to learn something. Be careful not to confuse the virtue of humility with a spirit of inadequacy that causes us not to do Gods will. Now were supposed to deny self. So if youre talking about a humility that denies self, thats good. But if youre talking about a humility that denies Gods ability to use you, thats not real humility. But thats what we often do. We often refuse the call of God under the guise of humility, when thats not what it is at all. When Moses says, I dont have the ability, this is not Moses being humble. This is Moses displaying a lack of faith. And again, Gods patience with his servant is amazing to me. Jane So God says to Moses in verse 12, You go, and I will help you speak and Ill teach you what to say. Derek Well I want to make three quick points here about our feelings of inadequacy. First of all, God is aware of our weaknesses when he calls us. When Moses said to God, Im not eloquent, Im not a very gifted speaker, do you think God went, Oh, I forgot. Somebody pull up the file on Moses. If you say, God, you shouldnt choose me because Ive got a lot of weaknesses, well then who in the world is he going to choose? Who doesnt? Jane Paul wrote, We have this treasure in earthen vessels, that the excellence of the power may be of God and not of us. Derek Lets admit it, were all clay pots. Lets just admit our inability, dont hide it, but lets not be paralyzed by it. God knows our weakness when he calls us. Second point God never abandons us after he commissions us. You can search the scriptures all you want, but youre not going to find one time in the Bible where God gives a call and then he says, Now youre on your own. When he said to Abraham, Go to the land he said what? He said, that I will show you. Jane When Jesus said, Go into all the world he said what? He said, I will be with you always. Derek This whole matter of saving the Israelites doesnt depend on Moses eloquence or his lack of it. It depends on the presence and the power of God. God says, Moses, you may not have all the answers, but youve got me, and thats all you need. Third thing If God commands you to do something, if God calls you to do something, he will empower you to do it. God does not ask the impossible, it just seems that way if you try to do it without God. But and this is very important God usually chooses to supply the ability only after youve stepped out on faith to answer the call. You say, God, I cant do that because I dont have the ability. God says, Well, Ill give you the ability. And we want to say, God, you give me the ability, and then Ill go do it. God says, No, thats not how it works. You go do it, and Ill give you the ability. Let me give you an example of what I mean by that. I wonder how many times Ive stood outside a hospital room knowing that someone inside was suffering, needing a word of comfort. And if I waited outside that room until I felt adequate, I would never go in. But I pray, God help me to say what needs to be said and you step in by faith and you find that when you act by faith, God will not let you down. But if you wait outside the door and say, Im not going in until I have something profound to say youll never go in. And so, what God often does is to say, I know you dont have the ability, I know youre just a clay pot, but if youll obey me, if youll step out in faith, then I will not let you down. I believe the key to self-confidence is to have the right view of God-confidence. Paul said, I can do all things. now thats self-confidence. But thats not what he said. He said, I can do all things through him who strengthens me. Its not humility to deny that God can use you. Rather, its a blatant insult to his grace. Now Gods been patient with Moses. Moses has had some legitimate concerns. Lord, I dont think I have any credibility. God says, Ill deal with that. But Lord, I dont think I have the ability. God says, Ill deal with that, too. Then look at what Moses said next: Lord, please send someone else to do it. After all the legitimate concerns are met, Moses finally just blurts out the truth. What he said was, I dont want the responsibility. Its a good plan, Lord. The Hebrews need to be delivered. Pharaoh needs to be confronted. Its a great plan, but find somebody else to do it. By the way, have you ever noticed that all of us want to serve God, but most of us want to do it in an advisory capacity? Were quite willing to sit back and tell God how it ought to be done. Now God has been willing to work through all the specific objections that Moses has had, God has been patient, but the Bible says that finally the Lords anger burned against Moses. And I think the reason that God was angry is because basically Moses was saying, God, you told me youre going to be there for me, you told me youre going to give me the authority I need, you told me youre going to be speaking through me, but I just dont think thats going to be enough. But even in his anger, God was gracious to Moses and gave him Aaron. Jane Let me ask a question why do you think God was so patient with Moses, and why is God so patient with us when we act the same way? Derek Now one answer is obviously because he loves us. But I think theres another answer. I think its also because he loves the people whose prayers hes calling on you and me to answer. Have you ever thought about that? Have you ever thought about the fact that the reason that God is calling you is because somebody else has been calling God? Back in Exodus chapter 2, the Hebrews were calling out to God, and God was concerned and he heard their prayers, so God turned to Moses and said, Ive a job for you to do. And I wonder how many times God has called you and said, OK, Ive got a lot of people praying for someone to help them, someone to teach them, and so Im calling on you to do something about it. Ill give you the ability. I just want you to go be my messenger. And you were reluctant to answer the phone. You had all sorts of excuses ready as to why you couldnt do it. Be assured that God is patient, but dont take his patience as an inability to see through our flimsy excuses. Moses said, Oh, come on now, be sensible, not me, Im a terrible speaker. Theyd never listen to me. And God said, Oh, for crying out loud, OK, Ill use your brother to help with the speaking. And Moses led Gods people out of disintegration. And Jonah said, Oh, come on now, be sensible, not me. Im not the type. And after a rather unexpected vacation in the fish just thinking things over, he talked to Gods people and led them Gods way. And Zechariah said, Oh come on now, be sensible, not me. My wife and I are too old to have any kids. And God said, Oh shut up. And he did shut up. For nine months. And John was born, and the way for the Christ was opened up. And I heard a child say, I cant serve God. Im too young. And I heard a boy say, I cant serve God, Im not good enough. And I heard a woman say, I cant serve God, Im not skilled enough. I wonder if God ever gets any new problems? What is it that Gods calling you to do? I heard once about a fellow that was going to preacher training school. They were sending them out on weekends to preach in different churches. He was asked to preach at this one country church with just a few old people but he felt it was beneath his considerable skills. He made the mistake of actually making that comment out loud. It seems there was a young lady who overheard him and she said, You know, the worlds a better place because Michelangelo never said, I dont do ceilings. Think about it. This worlds a better place because Noah never said, I dont do animals. Because Abraham never said, I dont do travelling. Because Ruth never said, I dont do mothers-in-law. Because David never said, I dont do giants. Im glad Paul didnt say, I dont do correspondence. Im glad Jesus never said, I dont do crosses. And I think the world would be a better place if God didnt hear, I dont doà ¢Ã¢â€š ¬Ã‚ ¦ quite as much. Jane Paul wrote, We have such trust through Christ toward God. Not that we are sufficient of ourselves to think of anything as being from ourselves, but our sufficiency is from God. Derek Gods only option is to use clay vessels. Thats all hes got. And thinking about the audience for Word Alive, Id say theres nothing but clay vessels that listen. Its simply a matter of whether or not were willing to allow God to work through us. I love the story that is told of the famous Polish pianist, Padarewski, who went on to become prime minister of Poland. He was touring the United States, and was going to give a concert one night. There was a mother who was trying to get her little boy interested in the piano, so she bought tickets to hear this master pianist. The show was supposed to start at 8:00 and prior to that people were standing around and visiting. This mother didnt realize that her son had slipped away. Imagine her shock when she heard and saw her son at the piano playing Twinkle, Twinkle, Little Star. As the story is told, Padarewski walked out in his tux, sat down beside the boy and whispered, Dont stop playing. He put his left hand out and played some bass notes, put his right hand out and started playing, and he made this beautiful sound out of Twinkle, Twinkle Little Star. I want you to see that this describes so well what God does with you and me. God says, What do you have in your hand? A staff? Give it to me. And when God calls, you just give him whatever youve got in your hand. And once you allow God to use your life, he does things with it you would never dream possible. Maybe you need to respond to God and say, OK, here I am. I want to follow you. I want to serve you. I want to dedicate my life to you. No more excuses, no more delays. Just what do you want me to do? Jane Dr. Derek Stringer is our Bible Teacher here on Word Alive and this is a Good News Broadcasting Association production. Derek My thanks to Jane Moxon and my thanks to you for being with us today. Please join us again next time as we continue to explore the life of Moses and how we can encounter God today. Jane Thats Derek Stringer and Phil Critchley has been our Producer. From all here at Good News Broadcasting Association we send you our greetings. Good-bye and God bless.

Accounting Standards Boards Essay

Increased globalization in the business world has brought to fore some of the issues and challenges that multinational businesses face in financial recording and reporting of foreign based operations. With operations based in different countries that operate under different accounting principles and with varying currencies, there has been a need for the accounting principles and standards to be converged. This has in the past nine years seen the accounting policy making suggesting a complete overhaul in the way financial statements are reported and a convergence between the US’s generally accepted accounting principles (US GAAP) and the International Financial Reporting Standards (IFRS). This has been through various meetings between the International Accounting Standards Board (IASB) and US Financial Accounting Standards Board (FASB), two boards which determine these accounting standards. This paper therefore evaluates the history of the two boards and their relationship and looks at IASB equivalents to FASB original pronouncements. It also describes how a Master of Science in Accounting would prepare a student for an accounting profession. History of the Relationship between FASB and IASB US Financial Accounting Standards Board (FASB) is a board which is responsible for setting and improving financial accounting standards in the US and for governing and fostering preparation of financial reports by non-governmental organizations (Financial Accounting Standards Board, 2012).International Accounting Standards Board (IASB) on the other hand is also an independent board responsible for setting international financial reporting standards (IFRS Foundation, 2011). Whereas IASB and IFRS takes a principle based approach to accounting standards setting, FASB’S GAAP does this through pronouncements which are based or rules. They both put a lot of emphasis on income statements, balance sheet, statements of changes in equity and cash flow statements as key reports that are important in financial reporting. Over the past decade these two boards which determine the accounting standards in the world have been working towards ensuring that the financial reporting all over the world converges. The convergence concept first took root in the 1950s in response to the cross border capital inflows that were as a result of the economic integration after world war two. These efforts initially focused on reducing difference in accounting principles between major capital markets globally otherwise referred to as harmonization of the accounting principles. By 1990s the concept had changed into convergence which sought to build high quality financial reporting standards to be applied internationally (Financial Accounting Standards Board, 2012a). Both developed in the 1970s, FASB and IASC (international Accounting Standards Committee) a predecessor to IASB, set a trend for expanding international accounting standards and with the reorganization of IASC into IASB in 2001, the use of IFRS among various countries has progressed rapidly. For instance, over 100 countries and the European Union use these standards issued by IASB. The U.S. mainly uses its own issued US GAAP (Progress Report, 2011; Cain, 2008). IASB and FASB have been working together towards converging the IFRS and the US GAAP since 2002. Even China and Japan have been working to bring together their accounting standards with IFRS as at 2009. Over the past decade the pace of convergence has been very fast with the internationalization of standards growing rapidly. In 2010, Securities and Exchange Commission in the US issues a report supporting the convergence of these standards through incorporation of â€Å"the IFRS in the US financial system† (Financial Accounting Standards Board, 2012a). This implies that the US has been increasing exploring adopting IASB’s IFRSs, although there have been issues such as the fair value issues in IFRS and the cost of implementation that have slowed the progress. The IASB equivalents of the FASB original pronouncements As noted above, IASB’s IFRS takes a principle based approach to accounting standard setting as compared to FASB’s pronouncements which are viewed to be much stricter. In essence therefore, though IASB and FASB may address similar accounting concepts their approach to it may be different. It is these IASB’s equivalents to FASB’s pronouncements that bring the differences between GAAP and IFRS standards. Evaluating the FASB’s original pronouncements and IASB, the manner in which accounting concepts are approached can be noted. These are: whereas IASB’s IFRS requires that inventory costs of spoilage and idle capacity be excluded from the cost of inventory, FASB’s GAAP does not; IFRS requires yearly comparison of financial statements unlike US GAAP which only views comparisons as â€Å"desirable† but require three year comparisons; IFRS permits but does not require reporting of â€Å"comprehensive income† unlike US GAAP which requires it; IFRS classifies liabilities as non-current if refinancing is complete before the date of the balance sheet unlike GAAP which classifies it as so, if refinancing is completed before the financial statements are issued; and prohibition of extraordinary items from the financial reports by IFRS unlike GAAP which permits but to a restricted items which affect profit and loss (Deloitte, 2004; FASB Report, 2002). Other accounting concepts that differ between IASB and FASB’s original pronouncements are that IFRS requires that LIFO method of determining inventory cost be prohibited in IAS 2, unlike US GAAP which permits LIFO in SFAS 151, and that IFRS requires reversal of inventory write downs if given criteria are met unlike US GAAP which prohibits it. In addition FASB permits that inventory at net value be measured even if it is above cost unlike IFRS which restricts this to producers and broker-dealers inventories. FASB classifies the interest received and paid as operating activity in the cash flow statement unlike IASB which may classify it as financing, investing or operating activity. This leaves room for a number of interpretations. Furthermore, though FASB excludes overdrafts from cash, IASB includes it if it forms a critical and integral part of an organization’s cash base or cash management (Deloitte, 2004; FASB Report, 2002). Other IASB equivalents to FASB pronouncements are enumerated as shown below (Deloitte, 2004; FASB Report, 2002): -IFRS restates previous financial statements in the event of non-mandated changes in accounting policy, unlike FASB which includes cumulative effects current financial statement’s net loss and profits -IASB uses change in estimated method to evaluate changes in depreciation of assets, unlike FASB which used change in accounting policy that is the net profit or loss cumulative effect. -IASB uses cost recovery method for construction contracts when the completed percentage cannot be determined for sure unlike the USA GAAP which uses completed contract method -IASB does not recognize deferred tax due to the an asset or liability transaction that doesn’t affect accounting or taxable profit and is not a business combination in IAS 12 unlike the US GAAP recognizes this these through its lack of â€Å"initial recognition exemption† as addressed in SFAS 109. -US GAAP has special exemptions due to the provision of deferred tax such as leveraged leasing, intangible developments in the gas and oil industry and undistributed earnings -IASB uses a tax rate that is â€Å"substantially enacted† to measure deferred tax liabilities and assets, which can be left to a lot of interpretations, unlike FASB’s enacted tax rate which is sure and consistent -IASB uses rate applicable to undistributed earnings of an organization to measure the deferred tax on those earnings , unlike FASB which uses the higher of the tax rate between the one applicable to undistributed profits and the one applicable to distributed profits as addressed in SFAS 109 -IASB recognizes expense for share-based payment based on fair value of the payment whereas FASB recognizes this based on intrinsic value at grant date -IASB measures business combinations on the date of the acquisition whereas FASB does this on the date of consummation or closing date -IASB requires that recognizing a liability prior to acquisition restructuring be only if the one being acquired recognizes it under IAS 37, this is unlike FASB which recognizes it if the acquisition has already began -IASB recognizes in process R&D as an intangible finite asset or good will, unlike FASB which recognizes it as expense How MSA Program prepares student for professional Accounting A Master of Science in accounting program is very important for anyone who intends to pursue an accounting career in the future. This program prepares a student by providing knowledge on the various accounting principles that need be applied in accounting profession. It also makes a student be aware of the various accounting standards that are existing in the world, how each differ, and how accounting records and done in each. In addition such a program provides analytical and critical thinking abilities. In addition, it offers a global perspective on accounting practices and business issues and provides a framework for effective development for team building and leadership skills, and ethical decision making in business. Lastly it will enhance interpersonal and communications skills through interactions which seek to learn ways of solving problems and issues in the accounting and finance realm. All these are critical for a career as an accountant. Conclusion This paper has discussed the history of the FASB and IASB boards and their relationship and has looked at IASB equivalents to FASB original pronouncements. It has shown that standardized management accounting and controlling concepts that transcend national boundaries are increasingly needed with concern on the need of an internationalized Accounting and financial reporting standard to help in comparing of financial statements of countries from different countries and also to make it efficient and less costly for multinational companies when they are conducting financial reporting of their performance. IASB and FASB have made tremendous progress thus fur in their bid to converge the global accounting standards.

Hrm 531 Performance Plan

?Feedback & Performance Improvement: Sales Team will be given feedback in three formats: 1. Weekly Sales Quota Report 2. Monthly Customer Service Report 3. Quarterly Sales Associate Performance Report Employees will have the opportunity to set up a meeting with the training manager to work on any area that received a score of requires improvement. This will be available weekly for Sales Quota Reports, monthly for Customer Service Reports and quarterly for Performance Reports. Employees receiving scores above requires improvement will also be able to set up meetings with the Training Manager after all requires improvement meetings have been completed. We believe the ability to meet with the training manager will allow all sales associates to reach higher levels of performance. Training Manager may set up subsequent meetings with Sales Managers and Sales Customer Service Manager if additional on-the-job training is required. Promotions and Educational Opportunities When open positions become available in the Sales Leadership Team members of the Sales Team will be given the opportunity to submit applications and resumes for the available position. Remaining members of the Sales Leadership Team and Senior Management will then conduct interviews of the top three Sales Associates considered for the position. If a member of the Sales Associate Team is not chosen to fill the open position then the job will be flown to the public. Educational Opportunities are available to all Sales Associates. If a Sales Associate would like to attend a conference style training (1-5 day training) approval will be required by the Sales Leadership Team. If a Sales Associate would like to receive a bachelor or masters degree and would like partial tuition support from EnviroTech approval will be required from the Sales Leadership Team and the Senior Management Team. Family Support We at EnviroTech realize that you have a family outside of work for this reason the following programs are offered: Family Medical Leave Act: FMLA requires covered employers to provide up to 12 weeks of unpaid, job-protected leave to †eligible† employees for certain family and medical reasons. Employees are eligible if they have worked for their employer for at least one year, and for 1,250 hours over the previous 12 months, and if there are at least 50 employees within 75 miles. The FMLA permits employees to take leave on an intermittent basis or to work a reduced schedule under certain circumstances. If you feel you may have a situation that may qualify for time under the FMLA please contact Human Resources as soon as possible. Sick Time / Personal Time: Sick Time or Personal Time may be used for situations pertaining to the employee or members of their immediate family (spouse, partner, children, or parents) Parental Educational Support: Employees may take off up to 20 hours a year of unpaid time off to attend parent conferences, school meetings, or volunteer time. Employee’s immediate supervisor must be informed at least one week prior to this requested time off. Leadership Team: Adaptation for Sales Leadership Team Members for career advancement Jim Martin, Vice President of Sales Jim Martin currently has a bachelor’s degree and has expressed a desire to go back to school for his Masters in Business Administration. The Senior Management Team has agreed to pay half of Jim’s tuition since this is related to his current position. Shane Huck, Sales Manager Shane has requested to attend the Covey Leadership: Great Leaders, Great Teams, Great Results (3-Day Workshop) all members have agreed that this training will facilitate with the training of the Sales Associates so it has been approved. Tom Gonzalez, Sales Manager Tom currently feels that the Train the Trainer program is enough to handle at the moment. He has been mentoring some sales associates and feels that his home life is suffering due to extended work hours. He may be choosing to work a flex week of 4 ten hour days to support both the sales team and his home life. This has been approved by Senior Management. Susan Burnt, Sales Customer Manager Susan is currently mentoring many sales associates in customer management. She is currently being given a mentoring stipend because of her dedication to these associates. Ving Hsu, Training / Product Educator Manager Ving has requested The Brooks Group training. EnviroTech has sent sales staff to The Brooks Group training in the past and feel that the return of investment was positive. Ving has also been cross training with the sales manager and customer service manager so he can assist the sales associates more fully. Conclusion and Budget: The current budget for this plan is zero dollars. The trainings are allocated under a special â€Å"training† budget and must be approved by the Leadership Team and Senior Management Team. This plan is expected to be effective because of the prior â€Å"buy-in† by members of the Leadership Team and Sales Associates. The benefits for this plan are expected to be higher job satisfaction, higher customer satisfaction, and a deeper understanding of company policies and procedures. The return of investment for this project is expected to be shown in a higher volume of sales and customer retention.

Building A Good Relationship With Someone Some Points

When we are trying to build a good relationship with someone some points to remember are to always be polite and respectful to who ever we are talking to. Even if we donà ¢Ã¢â€š ¬TMt agree with everything they are saying. Always listen and talk with respect, ask questions about what they are saying and discuss and talk things through. We may not always agree with others but by listening discussing we can avoid a confrontational situation, which may lead to an uncomfortable environment. We want both sides to feel comfortable talking to each other and communicate well so future conversations are possible with out and bad feeling. For example: I had a personal experience when discussing an issue. I didnà ¢Ã¢â€š ¬TMt agree with the person I was talking to and we had clear differences in opinion. But we both remained professional and calm and listened showing respect for each other opinions and although the other person was in a position of authority no voices were raised to make me feel she had more power in the discussion and we were able to have positive communication. We understood each others points and where respectful considerate of our differences in opinions. This had made our relationship better and there is clear respect between us. Remembering personal things about someone is important. Just like the little girl I mention in question 5. Her father had been away I remembered our conversation the previous week. I looked for her in the playground and asked her if he was back Show MoreRelatedCommunication and Trust between Leaders and Followers1112 Words   |  4 Pagesthat is built brick but brick. Trust is never a consistent situation based on facts. Most relationships have a different level of trust that are needed for people to work together efficiently. 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