Computerized Provider Order Entry Sample Essay

Computerized Provider Order Entry Sample EssayIf you are studying to enter the profession of certified nursing assistant or is on the verge of doing so, then you might have come across the computerized provider order entry sample essay. This kind of essay is short and easy to get through the sample.Although you might not know it, all the essays that you need to study are from sample samples. The reason behind this is the fact that every professional has to complete the same. However, for instance, if you are studying to enter the nursing profession, then getting your essay tested from a sample is good.In these times of computerization, where there is software that can be used to take out your test and then re-take it, then you need not worry about being familiar with the classics because you can just use the software. You also have the option of using a sample essay. The advantage of the computerized provider is that you do not have to fill out multiple-choice questions or long essay s because it will just read the sample you have and rank your answers accordingly.While this is good, you also have to keep in mind that if you are new to the field and do not know all the basics of the sample, you should not get too confident and start writing without even knowing how to start. It is necessary that you get enough information about the sample, which you will find in the essay.As a matter of fact, a lot of people will not give up their time and effort to finish the samples because they think that they would not make the grade in the exam. You need to realize that they know the sample by heart and they will not be able to remember anything else.They may start writing as soon as they finish the question but as soon as you go to grade it, they will start forgetting all the information you have written. This is why you need to write just enough so that you can actually understand what is written. It is important that you understand the brief information of the sample and not go too deep into the topics.Writing the essay for the exams is not that difficult; you need to have knowledge about the sample. Keep in mind that you must study it well before you start writing the essay. If you want to pass the examination, you need to get the computerized provider order entry sample essay to master the basics of the sample.

Living in the city VS. Living at the countryside free essay sample

A lot of people discuss if it is better to live in the city or to live in the countryside. Here are some arguments for living in the city and living in the countryside: When thinking of transportation it is better to live in a city. There you’ve got a lot of public transports. But also in regards to jobs it’s easier to live in the city. You have a bigger variety of different jobs and you usually don’t need so much time to work with your car or you can use taxis or public transports. Another positive thing is that you have a lot of more shops and facilities in a city. There are also more different kinds of schools and universities. The social life is also an important point. In the city you have got a lot more cinemas, restaurants, clubs and events where you can meet new people. We will write a custom essay sample on Living in the city VS. Living at the countryside or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the countryside live a lot of families with their children because the houses there are bigger and they usually have got gardens and houses in the countryside are cheaper. It is a fact that there isn’t so much traffic  and industries. This is why it is healthier to live in the countryside. There is also a lot of unspoiled nature where you can do outdoor sports like mountain biking, hiking or swimming. When thinking of schools you’ve got more individual teaching because the schools are smaller. But another important point is that you know the people better and so you have better relationships with doctors, waiters, neighbours, etc. But finally should everybody decide for themselves where it’s better to live.

President Jimmy Carters Record on Civil Rights and Race Relations

President Jimmy Carters Record on Civil Rights and Race Relations When Georgian Jimmy Carter won the 1976 presidential race, no politician from the Deep South had been elected since 1844. Despite Carter’s Dixie roots, the incoming president boasted a large black fan base, having supported African-American causes as a lawmaker in his home state. Four out of every five black voters reportedly backed Carter, and decades later, when the country welcomed its first black president, Carter continued to speak out about race relations in America. His record on civil rights before and after entering the White House reveal why Carter long garnered support from communities of color. A Voting Rights Supporter During his tenure as a Georgia state senator from 1963 to 1967, Carter worked to overturn laws that made it challenging for blacks to vote, according to the University of Virginia’s Miller Center. His pro-integration stance did not prevent him from serving two terms as state senator, but his views may have hurt his gubernatorial bid. When he ran for governor in 1966, an outpouring of segregationists turned out to the polls to elect Jim Crow supporter Lester Maddox. When Carter ran for governor four years later, he â€Å"minimized appearances before African American groups, and even sought the endorsements of avowed segregationists, a move that some critics call deeply hypocritical.† But Carter, it turned out, was simply being a politician. When he became governor the following year, he announced that the time had come to end segregation. Clearly, he’d never supported Jim Crow but catered to segregationists just to win their votes. Appointments of Blacks in Key Positions As Georgia governor, Carter didn’t just verbally oppose segregation but also worked to create more diversity in state politics. He reportedly raised the number of Georgia blacks on state boards and agencies from just three to a staggering 53. Under his leadership, almost half, 40 percent, of public servants in influential positions were African American. Social Justice Platform Impresses Time, Rolling Stone Gov. Carter’s views on civil rights so markedly differed from other Southern lawmakers, such as notorious Alabama Gov. George Wallace, that in 1971 he made the cover of Time magazine, which dubbed the Georgian the face of the â€Å"New South.† Just three years later, legendary Rolling Stone journalist, Hunter S. Thompson, became a fan of Carter after hearing the lawmaker discuss how politics can be used to effect social change. A Racial Gaffe or More Duplicity? Carter sparked controversy on April 3, 1976, while discussing public housing. The then-presidential candidate said that he thought community members should be able to preserve the â€Å"ethnic purity† of their neighborhoods, a statement that sounded like the tacit support of segregated housing. Five days later, Carter apologized for the comment. Had the pro-integrationist really meant to express support of Jim Crow housing, or was the statement just another ploy to get the segregationist vote? Black College Initiative As president, Carter launched the Black College Initiative to give historically black colleges and universities more support from the federal government. â€Å"Other administration education initiatives covered in the collection include science apprenticeships for minority students, technical assistance to black colleges, and minority fellowships in graduate management education,† according to the â€Å"Civil Rights During the Carter Administration† report. Business Opportunities for Blacks Carter also tried to close the wealth gap between whites and people of color. He developed initiatives to give minority-owned businesses a boost. â€Å"These programs focused primarily on increasing the government’s procurement of goods and services from minority business, as well as through requirements for procurement by federal contractors from minority firms,† the CRDTCA report states. â€Å"The aided industries ranged from construction to manufacturing to advertising, banking, and insurance. The government also maintained a program to help minority-owned exporters gain footholds in foreign markets.† Affirmative Action Supporter Affirmative action became a heavily debated topic when the U.S. Supreme Court heard the case of Allan Bakke, a white man denied admission to the medical school at the University of California, Davis. Bakke sued after UC Davis rejected him while admitting less qualified black students, he argued. The case marked the first time affirmative action had been challenged so vigorously. Yet, Carter continued to support affirmative action, which endeared him to blacks. Prominent Blacks in the Carter Administration When Carter became president, more than 4,300 blacks held elected office in the U.S. African Americans also served in the Carter cabinet. â€Å"Wade H. Mc-Cree served as solicitor general, Clifford L. Alexander was the first black secretary of the army, Mary Berry was the top official in Washington on educational matters prior to the establishment of the Department of Education, Eleanor Holmes Norton chaired the Equal Employment Opportunity Commission, and Franklin Delano Raines served on the White House staff,† according to the Spartacus-Educational website. Andrew Young, a Martin Luther King protà ©gà © and the first African American elected as a Georgia congressman since Reconstruction, served as U.S. ambassador to the United Nations. But Young’s outspoken views on race caused controversy for Carter and Young resigned under pressure. The president replaced with him another black man, Donald F. McHenry. Expansion from Civil Rights to Human Rights When Carter lost his bid for re-election, he opened the Carter Center in Georgia in 1981. The institution promotes human rights across the world and has overseen elections in a number of countries and curbed human rights violations in places such as Ethiopia, Panama, and Haiti. The center has also focused on domestic issues, such as in October 1991, when it launched the Atlanta Project initiative to address urban social problems. In October 2002, President Carter won the Nobel Peace Prize for â€Å"his decades of untiring efforts to find peaceful solutions to international conflict.† The Civil Rights Summit Jimmy Carter was the first president to speak at the Lyndon B. Johnson Presidential Library Civil Rights Summit in April 2014. The summit commemorated the 50th anniversary of the groundbreaking Civil Rights Act of 1964. During the event, the former president  urged the nation to do more civil rights work. â€Å"There’s still a gross disparity between black and white people on education and employment,† he said. â€Å"A good amount of schools in the South are still segregated.† Given these factors, the civil rights movement isn’t just history, Carter explained but remains a pressing issue in the 21st century.

Current state-of-the-art in one of the EECS Research Paper

Current state-of-the-art in one of the EECS - Research Paper Example The move is driven by the existing gap between designer’s productivity and DSP increased complexity. As microprocessors, digital signal perform data manipulation and mathematical calculations and are characterized by real time digital signal processing competencies as data is processed in real time, high throughput, software re-programmability and deterministic operation. Despite appearing in the market in the early 1980s, DSP have numerous applications and have become key enabling technology for numerous electronics products in fields like automotive, instrumentation and military, multimedia and electronics products. Since the 1980s, DSPs have undergone extreme evolution namely in terms of hardware features, software development tools and integration. Hardware evolution occurred in two phases which are the development phase and the consolidation phase. The development phase took place until 1990 when DSP was characterized by fixed width instruction set. From 1990 to date, DSP hardware consolidation has seen development of parallel architectures, multiprocessing support, fewer manufacturers, specialized families and improved debug potential. Very Long Instruction Word VLIW and Single Instruction Multiple Data or SIMD emerged during DSP consolidation period and introduced parallelism that enhanced DSP performance. Conversely, DSP software tools have improved in a spectacular way as code compilers have evolved to effectively deal with the underlying hardware complexity and increased DSP architecture. The enhanced code compilers enable the developer to efficiently use high level languages to program more and at improved efficiency. Today, advanced programming tools like Matlab and LabView DSP module, enable the graphical DSP programming through interconnection of pre-defined blocks that are later converted into DSP code while high performance simulators, debugging and emulator facilities provide the developer with high DSP visibility with little or no inter ference on the execution of program. Through their recent associated numerous changes, programmable DSPs have become not only a rising star but also one of the fastest growing segments within the industry of processors. New developments in DSP that will influence future chip designs Today’s automobiles are experiencing a revolution that has seen gradual elimination of systems that are purely analog electronics and mechanical. Consequently, the automobile industry is gradually turning digital and incorporating dozens of embedded processors whose connection is through multiple digital networks that are optimizing and controlling nearly all operations. Hori (1) reveals that the automobile industry will experience more advancement in future car generations while the development of complex algorithms for signal processing will contribute in advancing emission and engine control, safety, driver interfaces, and in-cabin information and entertainment or infotainment. Despite the incr easing applications of DSPs in automotives, the selection of automotive processor is influenced by factors such as automobile qualification, on-chip integration, prices, performance, and efficiency of energy use. The automotive DSPs selection is also

A Friendship and Betrayal Essay Example | Topics and Well Written Essays - 1250 words

A Friendship and Betrayal - Essay Example At the same time, the friend needs to be supportive, come what may, even if you do something wrong and this something comes back to bite you, so to speak. So, honesty and loyalty are the most important qualities when it comes to a friendship. Then, of course, there are other things to look for – compatible personalities, a shared sense of humor and a shared interest in activities are good things to look for as well. These are the same qualities that I look for in a boyfriend. Loyalty is an important aspect of friendship in general. It is important that a person not take positions that will undermine you, that a person does not steal from you, and that they did not betray you in any way. Of course, as I stated before if you are doing something which is immoral, wrong or illegal, the friend should not support that, but, other than that, a friend should be loyal, and this is universal. Disloyalty generally means that the person is not a true friend. One day, I found out that my b oyfriend and my best friend were sleeping together. And they were doing it in my apartment, while I was away at work. Right away, I decided to end both the friendship and the relationship with my boyfriend. If they wanted to be together, then they could be together, but I would no longer be a part of their lives. This was the ultimate betrayal, and I did not think that I could look past it. As I said, loyalty and honesty are the two biggest traits that a good friend must have, and my best friend showed that she was neither loyal nor honest when she did this to me. I was especially hurt because my friend had recently lost her baby through miscarriage, and I was totally there for her during this period of time. She had an ectopic pregnancy, which means that her baby was growing in her fallopian tube and not the womb, so the pregnancy was actually life-threatening. I went to the hospital with her and stayed with her after she arrived home because she was an emotional mess at that point . I called her every day to make sure that she was feeling okay. I felt that she was profoundly disloyal, and that really hurt. It was several weeks before I would take her phone calls. I heard it through the grapevine that she and my boyfriend did not last, and that my boyfriend had found somebody else. I felt that this was karma for my friend because she hurt me and now she was hurting too. Still, I was feeling sad and lonely, and my friend was calling me several times a day and leaving messages, so I finally picked up and we talked. She told me that she was suffering from severe depression, and her doctor had put her on medication. The depression stemmed partly from her lost pregnancy, but it turns out that the problem went even deeper than that. She was clinically depressed, which means that she had a chemical imbalance in the brain, and she was getting treatment for that. She did not have an excuse for sleeping with my boyfriend, except to say that she was lonely and he was the re. I could feel that she was needy, and I could understand why. She was vulnerable, and my rat of a boyfriend took advantage of that. Really, my boyfriend is the person who deserved all the blame in this situation. I wrestled with whether I would let this person back in my life. I thought about all the good times we shared because we had been friends for many years.

Procter Gamble P And G Marketing Essay

Procter Gamble P And G Marketing Essay Procter and Gamble (PG) was formed by William Procter a candle maker and James Gamble a soap marker on the 31st of October 1837. It is an American multination consumer good manufacture and one of the largest in the world. It has its headquarters in Cincinnati, Ohio USA and manufactures products ranging from beauty and grooming, pet food and household and fabric care, baby and family home care products. Between 1858 and 1859, PG had about 80 staffs and their sales reached $1million. It won several contacts from the Union Army during the American Civil War to supply candles and soap. Apart from the profit it made during the civil war, it expanded it market by introducing military personals all over the country to PG products. Operation and brands In recent years, PG and become an international corporation be acquiring different companies. PG became an international corporation in 1930 after the acquisition of Thomas Hedley Co based in England. It introduces several new brand names and products like Tide detergent in 1946, Prell Shampoo in 1946 and the first tooth paste to contain fluoride branded Crest in 1955. PG purchased Charmin paper mill in 1957 and started marking products paper products like toilet rolls (Charming). Procter and Gamble operates in about 80 countries and is well known in about 180 countries. It has 50 brands which most of them are well-known products. These brands amounts more than 90% of PGs sales and profit. 26 of its leadership brands produces more than a $1billon each in net annual sales. (PG, 2012). Some of PGs strongest brands includes Always, Ariel detergent, Bounty, Charmin, Crest, Downy, Gillete, Lams, Olay, Pampers, Pantene, and Tide. It used to produce food and beverage products prior to the sales of Pringles to Kellogg Company for $2.7 billion in 2012. Pringles was one of PGs major revenue driver with a sales of about $1.5 billion yearly. It was the only food business after the sales of Jif peanut butter and Folgers coffee to Smuckers in recent years. PG is no longer in the food business, it is laying more focus on personal care and beauty products. (Reuters, 2012) Manufacturing Operation PG manufacturing operation spread around 5 different regions. (PG, 2012) Regions Details Regional Headquarter Countries Asia The world faster growing economy and home to over 3 billion customers Singapore China, Japan, Korea, Hong Kong, India, Australia, New Zealand, Indonesia, Philippines, Singapore, Taiwan, Vietnam, Thailand, Sri Lanka, Malaysia, Bangladesh Central Eastern Europe, Middle East And Africa (CEEMEA). PGs largest Geographic regions. Geneva, Switzerland The Balkans, Central Europe North, Central Europe South, Eastern Europe, Middle East, Sub Sahara, Turkey/Caucasia And Central Asian Republic. Latin America With presence dated back to 60 years. Panama City 14 Countries North America Cincinnati, Ohio, USA Over 25 manufacturing plants Western Europe With presence dated back to 1930. PG has presence in ever western European country. Geneva, Switzerland 4 Countries. United Kingdom, Belgium, Germany and Italy Procter Gamble recorded a sales of $83.68 billion in 2012 and was listed on the spot of Global Top Companies for leaders in Fortune Magazine. It is also at fifth place of the Worlds Most Admired Companies list and named the overall best company for leadership development on the list of the 2012s 40 Best Companies for Leaders by Chief Executive Magazine. It has also received several awards which includes the Worlds Most Admired Companies and Top MBA Employers from Fortune, Worlds Most Respected Companies from Barrons, Best Place to Work from Glassdoor.com, and The Worlds Most Attractive Employers from Universum. (PG, 2013). Case Study Overview. In recent Years, PG has been us The environment is everything happening in the world outside that There are numerous factors that affects the decisions of managers of a company. Examples of macro environments are new laws and government policies, trade barriers, tax changes, social changes. To help examine these factors, I would be using the most popular external environment analysing model known as PESTEL which stand for political, economic, socio-cultural, technological, legal and ecological environment (thus the acronym PESTEL). This coursework will focus on the macro (external) and micro (internal) environments that have major impacts on Procter and Gamble. A PESTEL analysis on PG will be done to the macro environment. Analyse the macro business environment in respect of PG group and identify the factors that will have significant impact on Groups business. The success of any company does not reply only on the efficiency and management methods of the company. There are other factors involved the market performance. The macro environment contains the external and uncontainable influence that might affect the market performance, strategies and decision making of the company. As Baines (2011) describe: The operating environment for all organisations is never static and seldom entirely predictable, and can therefore profoundly affect a companys course of action. Strategic management experts stated that for a company to achieve a competitive advantage, its needs to follow strategies that develops existing capabilities, resources and formulate strategies that develops extra capabilities, resources. (Hill Jones, 2010) PESTLE Analysis All combined the macro environment factors analysis will be known as PESTEL. Macro environment factors are beyond the control of an organization. This is because those factors are    positioned outside the organisational system. Those forces are the prime factors in corporate strategization i.e. determining the objectives of an organisation, its drive for profits, its projection for future sales as well as a protection step in preventing any losses or problems. According to Lowe and Marriott (2006,p. 181),macro factors are the major trends Strengths Verities of business segments (6 operating segments). One of PGs major strength is the large scale on which it operates. It produces over 300 different product and leading globally in different categories of products like beauty and health, fabric, baby, personal and home care products sold in about 180 counties in the world. PG strong brand man is one of the most successful due to its solid branding. Most of PGs products are not for all seasons Leading globally in detergent, diapers, care products. Has industry experience of over 170-year, international operations for over 25 years and extensive experience in personal and oral hygiene products. PG is one of the world best marketers has it has a wide experience in marketing in different market sectors. The acquisitions of leading of beauty and health care companies in the products in Europe. High gross profit margin. PGs profit margin is 15 times the industry average. P G is known for investing greatly in research and development for improving and developing new products. Weaknesses Ability to achieve business objectives dependent on how well can respond to local and global competitors Face risks with significant international operations A failure of a key information technology system, process or site could have a material adverse impact on our business Price paid for commodities and other materials subject to fluctuation 7 Production cost Production capacity for the demand on the first years. Leads times for alternative pack sizes and designs. Work capacity. Different culture, wants and needs of customers. Unable to protect imitation PGs innovative products and marketing strategies of competition Competitors had pre-empted them in national markets where the local subsidiary was constrained by budget or organizational limitations. à ¢Ã¢â€š ¬Ã‚ ¢ Many of the top brands of P G are losing their market share rapidly. In online media leadership and presence P G is lagging behind. à ¢Ã¢â€š ¬Ã‚ ¢ The beauty and health products by P G are mostly for women. à ¢Ã¢â€š ¬Ã‚ ¢ P G does not make and offer any private label products for the retail customers and is, missing an opportunity. à ¢Ã¢â€š ¬Ã‚ ¢ The large scale operation of the company makes the culture heavy and processes slow. This also leads to quality control problems. à ¢Ã¢â€š ¬Ã‚ ¢ P G does not divest its weak or poor brands. à ¢Ã¢â€š ¬Ã‚ ¢ The major customers of P G are located at some of the places and it concentrates heavily as them. à ¢Ã¢â€š ¬Ã‚ ¢ When P G acquired Clairol business in year 2001, it was unable to grow this business. The Clairol Herbal Essence brand failed to enter new markets as the market had access to better and innovative products. This shows weakness of P G in the beauty care division. Opportunities  · Research and development efforts ($2001 million spent on RD in 2011) to develop technology and obtain patents  · Worldwide reach and potential to expand into even more countries The growth of the shampoo and conditioner market. The increase of hair washing products. The undeveloped conditioner market in Europe. The experience and the leader positioning of the new companies that PG bought. The Know-how of the success of Pert Plus in the US market à ¢Ã¢â€š ¬Ã‚ ¢ An opportunity for P G is health and beauty products for men. With the acquisition of Gillette, the company now has several growth opportunities in this market segment. à ¢Ã¢â€š ¬Ã‚ ¢ P G has doubled its Environmental Goals for the year 2012 and thus, promises more value for the environment concerned customers today. à ¢Ã¢â€š ¬Ã‚ ¢ Using the online social networks and internet marketing techniques is also an opportunity for P G. à ¢Ã¢â€š ¬Ã‚ ¢ Divest brands that are not in accordance or do not meet P Gs long-term goals à ¢Ã¢â€š ¬Ã‚ ¢ Company is constantly trying to pursue growth overseas. Threats  · A material change in consumer demand for products could have a significant impact on business  · Business is subject to legislation, regulation, and enforcement in the U.S. and abroad The number of suppliers and brands, the European market was even more crowed as US. The top and bottom price classes was even bigger than the US. Difference between prices for the same quality. Many important competitors. à ¢Ã¢â€š ¬Ã‚ ¢ There is a cut throat competition in the fast moving consumers goods markets today. Companies like Kimberly Clark, Unilever, Johnsons Johnsons and Colgate-Palmolive etc pose a serious threat to itsmarket share in different countries. à ¢Ã¢â€š ¬Ã‚ ¢ The competitors are making their product portfolios diverse day b day and using different marketing and promotional strategies to increase their market share. à ¢Ã¢â€š ¬Ã‚ ¢ In the market many substitutes are available for P G products at cheaper prices. à ¢Ã¢â€š ¬Ã‚ ¢ The private label growth is also a serious threat to the P Gs market share. à ¢Ã¢â€š ¬Ã‚ ¢ Due to recession, the consumer spending has decreased globally. Also, the prices for raw materials are increasing so cost to the company is increasing http://www.reuters.com/article/2012/02/15/us-kellogg-pringles-idUSTRE81E0S620120215

International Financial Reporting Standards Essay

According to Deloitte Touche Tohmatsu (2010, para. 3) â€Å"International Financial Reporting Standards (IFRS) are Standards, Interpretations and the Framework adopted by the International Accounting Standards Board (IASB)†. IFRS was established in 2001 and the conversion of the International Accounting Standards (IAS). The IAS had been functional since 1973 until it was converted to IFRS. More standards and components were added to the new IFRS to enhance professionalism in accounting and to accommodate the changing accounting environment. Many countries have accepted the use of IFRS since they are more comprehensive and cover a wide variety of accounting systems. The changes in technologies cause the adjustments in the accounting standards to ensure no loopholes exist in the accounting profession (Deloitte Touche Tohmatsu 2010). Transition Issues Most of the standards used in the IFRS were adopted from International Accounting Standards (IAS). IAS has been operational between 1973 up to 2001. They were developed by the International accounting standards Committee (IASC). The task of setting international accounting standards was shifted to IASB in 2001. IASB continues to make accounting standards called the IFRS. IFRS is composed of the International Financial Reporting Standards (IFRS) – standards issued after 2001, International Accounting Standards (IAS) – standards issued before 2001, Interpretations originated from the International Financial Reporting Interpretations Committee (IFRIC) – issued after 2001, and Standing Interpretations Committee (SIC) – issued before 2001 and Framework for the Preparation and Presentation of Financial Statement (Deloitte Touche Tohmatsu 2010, para. 10). IFRS vs. , U. S.  GAAP The Generally Accepted accounting Practices (U. S. GAAP) were developed to overlook accounting practices in the economy of the U. S. The U. S. GAAP differs slightly from the IFRS and there has been debate to exchange the U. S. GAAP for the IFRS. The IFRS has been acceptable in the global market and has provided opportunities to the U. S. accounting profession since the U. S. GAAP has been limited within the U. S. More than 100 countries in the world are using the IFRS in their accounting systems and there is concern about the adopting of the IFRS in the US. According to Epstein (2008) the implications for the adoption of the IFRS in US will be Training on the differences between IFRS and GAAP, Financial scrutiny of international joint ventures, Merger & acquisition (M&A) international accounting reviews, Sarbanes-Oxley compliance on corporate governance matters, Analysis of international credit policies for multinationals, and Litigation risk due to inappropriate use of IFRS (para. 3). The global investors will have advantages after the adoption of the IFRS in the US accounting systems. This will provide a better environment for cross-border investment as well as integrating capital markets. Global organizations in the US will save the costs of accounting by the use of a single financial reporting standard. The existing system requires compliance with the domestic accounting standards as well as accounting standards of other countries. This is creating more costs to international firms since they must install all accounting systems and employ personnel from diversified accounting backgrounds. The use of the GAAP has limited the growth and expansion of many companies in the U.  S. Multinational companies and their investors will benefit a lot from the adoption of the IFRS (Malriat, 2009). Accounting for revenues under IFRS IFRS adopted some standards used by the IAS but some additional standards were included. This was done to ensure more accountability in the accounting systems and to ensure revenues are safeguarded within the entity. The assumptions of IFRS are; first, accrual basis, this means that transactions are accounted for when they occur but not when cash is received or paid. Secondly, the going concern; the entity is assumed to continue operating in the foreseeable future. Thirdly, stable measuring unit; nominal monetary units are used in accounting to ensure stability of the purchasing power. The qualitative properties of the financial statements are: â€Å"Understandability, Reliability, Comparability, Relevance and True and Fair View/Fair Presentation† (Deloitte Touche Tohmatsu 2010, para. 14). The elements of financial statements are assets, liabilities and equity. IFRS uses discretion in developing conclusion about the accounting systems of an organization. Approximations and evaluations are not accurate and discretion is required when drawing conclusions about the financial status of an organization. Strict enforcement of accounting standards will provide a better system that will monitor the businesses in the international markets (Deloitte Touche Tohmatsu 2010). Conclusion IFRS developed from IAS to include the changing professional requirements and technologies in accounting. The US GAAP has been criticized for its limitation to the US economy and many accountants require the adoption of the IFRS in the accounting systems. The shift from the use of IFRS to the US GAAP will have several implications on the US financial accountants as well as other users of the accounting standards. Even though there are few differences between IFRS and the US GAAP, there are many limitations accompanied with the use of the US GAAP. Adopting the IFRS will open up the market and reduce accounting costs to multilateral firms in the US. Amendments in the IFRS continue to be made to update the standards according to the changes in technology and the global legal systems.