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.
Many Orthodox churches recognize the holiday dates according to the Julian calendar. Christmas is still on December 25 in the Julian calendar so the January 7 date is only valid between 1901 and 2100 The Gregorian date for Orthodox Christmas will be January 8 in 2101 if the Julian calendar is still used.