Under U.S. GAAP, ASC 205-20 is the primary source of guidance on discontinued operations. Under IFRSs, IFRS 5, Non-Current Assets Held for Sale and Discontinued Operations, is the primary source of guidance on discontinued operations. An entity can classify equity method investments as held for sale under IFRSs but is not permitted to do so under U.S. GAAP.
Summer and Winter Solstice. The summer solstice occurs once a year in December when the Sun's track across the Australian sky reaches its highest point. It is the day that has the most daylight hours of any in the year.The summer solstice usually occurs on 21 December, but can occur between 20 and 22 December.The winter solstice is the day of the year that has the least daylight hours of any in the year and usually occurs on 21 June but can occur between 20 and 22 June.ummer and Winter Solstice. The summer solstice occurs once a year in December when the Sun's track across the Australian sky reaches its highest point. It is the day that has the most daylight hours of any in the year.
Making the world better, one answer at a time. The winter solstice (and the summer solstice) ocur for a very interesting reason. The sun 'moves' around the earth in a path that is very tilted to the earth's equator. When the sun is farthest on this path north of the equator, it is the summer solstice.wice a year. -Summer solstice, July 23rd-Winter solstice, December 13th The facts below only apply to the Northern Hemisphere-During the summer solstice, the north pole fa â¦ ces directly at the sun, the suns rays hit directly on the tropic of cancer, it's the longest day of the year, & the start of summer.