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.
In 1907, Oklahoma became the last US state to declare Christmas a legal holiday. Year by year, countries all over the world started to recognize Christmas as the day for celebrating the birth of Jesus. Have a merry Christmas. Today, many of the pagan uses are reflected in Christmas. Jesus was born in March, yet his birth is celebrated on December 25, the time of solstice. The Christmas celebrations end the 12th day of Christmas (January 6), the same amount of days that the return of the sun was celebrated by ancient and Roman pagans.