While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing could be further from the truth. Everything is subject to interpretation, and GAAP is no different. For one thing, GAAP themselves permit alternative accounting methods to be used for certain expenses and for revenue in certain specialized types of businesses. For another, GAAP methods require that decisions be made about the timing for recording revenue and expenses, or they require that key factors be quantified. Deciding on the timing of revenue and expenses and putting definite values on these factors require judgments, estimates and interpretations.

The mission of GAAP over the years has been to standardize accounting methods in order to bring about uniformity across all businesses. But alternative methods are still permitted for certain basic business expenses. No tests are required to determine whether one method is more preferable than another. A business is free to select whichever method it wants. But it must choose which cost of good sold expense method to use and which depreciation expense method to use.

For other expenses and for sales revenue, one general accounting method has been established; there are no alternative methods. However, a business has a fair amount of latitude in actually implementing the methods. One business applies the accounting methods in a conservative manner, and another business applies the methods in a more liberal manner. The end result is more diversity between businesses in their profit measure and financial statements than one might expect, considering that GAAP have been evolving since 1930.

The pronouncement on GAAP prepared by the Financial Accounting Standards Board (FASB) is now more than 1000 pages long. And that doesn't even include the rules and regulations issued by the federal regulatory agency that jurisdiction over the financial reporting and accounting methods of publicly owned businesses - the Securities and Exchange Commission (SEC).

Summary:
I remember being a kid and looking at the world book encyclopedia. When I would see the world book encyclopedia, It felt like I was looking at all of history. We did not use the world book encyclopedia online in those days, but instead would simply thumb through volume after volume. Looking at too much reference online nowadays, kids miss out on discovering just how vast the information that is out there. There is nothing like a the world book encyclopedia volume – heavy in i...


Keywords:
education,encyclopedia


Article Body:
I remember being a kid and looking at the world book encyclopedia. When I would see the world book encyclopedia, It felt like I was looking at all of history. We did not use the world book encyclopedia online in those days, but instead would simply thumb through volume after volume. Looking at too much reference online nowadays, kids miss out on discovering just how vast the information that is out there. There is nothing like a the world book encyclopedia volume – heavy in itself, and only one of many that make a whole set – to show you how much information there really if that people have decided to research and include. It can really make you feel quite proud of our civilization to understand how much we have accomplished and included in all of our reference books.

Now that I am older, however, I find that I have much less use for the world book encyclopedia. It is not that I have switched to another one or something. Far from it. It is simply that an encyclopedia does not go deep enough into most topics to be worth it on its own. The idea that I had as a kid – that the world book encyclopedia had every bit of information that there was – was not far from what it was actually planned out to do. The philosophers, the French intellectuals who made the first encyclopedia, wanted to include all of human knowledge up to that point in a single collection. They did fail, but what a worthy experiment.

Now, however, we know that there is just too much to fit into a world book encyclopedia, no matter how huge. If you go to a library, you might just be amazed at the sheer amount of stuff that there is lining the shelf. the world book encyclopedia is just one tiny little part of what is a massive collection of info. But, I did buy a world book encyclopedia of my very own, and although I do not use it all that often, I am glad to have it as a reference.

When I want to go deeply into something, I will go to the library, but if I want a brief overview of some area of knowledge, nothing does the trick better than a copy of the world book encyclopedia. If you have not thumbed through one, you should.

If you have kids and they are not that good in school, teach them how to use the encyclopedia and you will see that they do improve in school very fast. You can also use this as a lecture for kids when they go to bed.

Summary:

A good golfing tip to help you improve your control will have a tremendous impact towards improving your golf game. The golfing tip I would like to give in this article is that by working on improving control over your body, you will in effect also gain more control over your mind. This is simply because the mind gains more confidence that the body will be able to perform whatever instructions the mind communicates to the body.

Keywords:

golf,golf swing,golf trainer,golf workouts,golf exercises,golf fitness,golf lessons,golf instruction,golf tips

Article Body:

The golfing tip I would like to give in this article is that by working on improving control over your body, you will in effect also gain more control over your mind.

This is simply because the mind gains more confidence that the body will be able to perform whatever instructions the mind communicates to the body.

This is the single golfing tip that has the potential of transforming any golfer’s game literally overnight. Many times golfers work very hard on their minds and preparing them for the ideal golf game they would like to enjoy.

In fact many business executives, who have used the power of the mind to improve their businesses or even to build huge successful businesses, fully understand the potential of the mind in improving their golf games.

Still, many of them end up feeling discouraged and puzzled when things do not work out with their golf game quite the way they do in the corporate world.

They lack the simple golf tip that the game has a physical side to be taken care of, if one is to reap the full power of a mind prepared for ideal golf.

The second part of this golf tip is that there is only one known way of gaining better control of your body and it involves exercise.

Simple weight training that is golf-specific will instantly give you much better control over your body. When you strengthen your muscles, you improve functional strength which automatically gives you more control and balance. Some people believe that weight training will cause them to lose feel.

The weight training I am talking about in this golfing tip is not a program for weight-lifters and to build colossal muscles. This golfing tip is about the weight training specific to golf that conditions muscles used in golf and builds up strength.

This kind of program rather than making somebody lose feel, in fact increases feel tremendously.

This is an amazing golfing tip that is bound to have an profound impact on your game.

Because of the legal/illegal status of radar detectors in the US market many different models with different functions from different brands have emerged onto the market.

Some of these radar detectors are the following:

• Radar Screamer. This unit provides immediate warning in order to get the attention of the driver. This enhances the audio warning which is produced by many radar detectors to allow the motorcycle rider to better hear the warning while at constant speed. This is a water proof device and does not depend on any replaceable batteries.

• Escort 8500 X50. This is known to be the one of best radar detectors in the market. It offers advanced digital signal processing which can be reprogrammed and will also allow you to customize your detector. This unit can be upgraded. It has a very clever auto sensitivity mode, which automatically lessens false alarms.

• HARD (Helmet Assisted Radar Detection). This unit provides an urgent visual alert. The warning can be find inside the helmet, lighting up within your field of vision which allows the immediate awareness of the radar. This is designed as an accessory to all the leading radar detectors, especially designed for motorcycling.

• Bel RX65. This is a the fast response device, featuring 'Threat Display' which tracks multiple radar signals and their relative signal strength. This allows you to customize up to 7 options for your specific driving style. Beltronics state that this is their most advanced radar, laser and safety detector.

• Cobra XRS9700 Radar Detector. This model is equipped with many features including the 11-Band technology and the SmartMute. This offers three levels of false signal controls which lessen false alerts.

• PNI Sensor Traveler II Radar Detector. This is one of the most advanced and user friendly radar detector sold nowadays. This featured bilingual voice alerts - English and Spanish. The PNI Sensor is convenient to use because of it is a cordless device.

• Whistler Pro 1730. This features a voice alert and optional mute.

• Rocky Mountain Radar RMR-D230. This automatically adjusts the laser background noise which lessens false alarms. This increases the typical scanning process by a factor of three which enables the D230 to catch even Instant-On and POP radar.

• Escort Solo II. This features the following:

1. Convenient cordless design uses

2. Uses 2 AA batteries, this maximizes the battery life

3. AutoSensitivity mode virtually eliminates false alarms

4. Long-range protection on all radar bands

5. VG-2 Protection

6. 10 user programmable features

7. High resolution graphic LCD display

8. Built-in earphone jack

Most of these radar detectors belong on the top seller lists because of high performance. So, if you have decided to buy a radar detector, you can choose confidently from the above list. But please, before you purchase, check if the use of radar detectors is legal in your states.

When it comes to Formula D and sponsors, there is quite a bit of focus that is placed on the sport, as a whole. There are a large number of companies that sponsor Formula D events, as a whole. However, there are also companies that sponsor individual drivers. In fact, almost all Formula D drivers have at least one sponsor, many have more than one. As Formula Drifting increases in popularity, so do the number of fans that tune into programming or show up for events. For that reason, you will find that a fairly large number of product manufacturers, for well known products, are making the decision to sponsor a driver.

Samuel Hubinette can easily be considered one of the most well known and well performing Formula D drivers. In fact, he already has one championship underneath his belt. This popular driver is sponsored by quite a few companies; this is a sign of his popularity and his outstanding performance. In addition to being sponsored by BF Goodrich, a popular tire manufacturer, Hubinette is also sponsored by Mopar. Mopar is a division of Daimler-Chrysler that specializes in vehicle care, including maintenance and parts. Additional sponsors for Hubinette include Toxic Drift and Nu Formz Racing.

Rhys Millen, along with Samuel Hubinette, can easily be considered one of the top drifters in the sport of Formula Drifting. As with Hubinette, the number of sponsors speaks for itself. Rhys Millen is most well known for being sponsored by Red Bull, the popular energy drink. In fact, Red Bull is one of the most popular and well known sponsors of a Formula D driver. Additional sponsors of Millen’s include Pontiac, Rotora, RMR Products, and Bridgestone Tire.

Tanner Foust, another popular Formula D driver, also has quite a few sponsors. His tire sponsor is that of Toyo Tires. Although not as popular as the Red Bull energy drink, Foust is sponsored by Unbound Energy Drink. Additional sponsors include Memphis Car Audio, AEM, and Motegi Racing Wheels.

Ken Gushi, a well known Japanese drifter, is often referred to as “The Future.” This nickname was derived from his success, while still at a young age. With many other popular Formula D drivers, you can see that Gushi is successful with the number of sponsors that he has. He is currently sponsored by Toyo Tires, Ford Racing, JLine Wheels, and Gushi Auto.

Do you notice a common bond with many of these driver sponsors? A wide variety of these sponsors are targeting those who are fans of Formula Drifting. Many of these fans are car lovers themselves. Therefore, the sponsors seem to have some relation to cars or auto parts. In addition to tire sponsors, sponsors are regularly found for specific vehicle models, car parts, car care companies, and much more. As with what is happening with NASCAR, the hopes of these sponsors is that the fans will purchase their products; thus making their sponsorships worthwhile.

Of course, in addition to the above mentioned Formula Drifting drivers, there are additional drivers that participate in professional drifting. In fact, it is not uncommon to have an event turn out with around forty drivers, sometimes even more. Many of these drivers all have different, unique sponsors. If you would like more information on these drivers, as well as their sponsors, you are advised to visit the online website for the Formula Drift Championship. That online website can be found at www.formulad.com.