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.
Cite Article Details: Why is Christmas celebrated on December 25? Title Why is Christmas celebrated on December 25? Most Christians today probably canât imagine Christmas on any other day than December 25, but it wasnât always that way. In fact, for the first three centuries of Christianityâs existence, Jesus Christâs birth wasnât celebrated at all.