To resolve implementation issues, this Statement: 1  Establishes criteria beyond that previously specified in Statement 121 to determine when a long-lived asset is held for sale, including a group of assets and liabilities that represents the unit of accounting for a long-lived asset classified as held for sale.
Christmas Day in Australia. Christmas Day falls on December 25 and is an occasion for Christians to celebrate the birth of Jesus. Many people, even if they are not Christian, give each other gifts, prepare special meals and decorate their homes at this time of year.
Christmas or Christmas Day (Old English: CrÄ«stesmaesse, crÄ«stesmÃ¦sse  Meaning 'christ S ) mass is an annual festival commemorating the birth Of Jesus, christ observed most commonly On december 25 as a religious and cultural celebration among billions of people around the. worldhristmas Day is a public holiday in many of the world's nations, is celebrated culturally by a large number of non-Christian people, and is an integral part of the Christmas and holiday season.