RULES
- Eligibility: to play in this League, the player needs to be at least 48 years old or will turn 48 during the calendar year of the year in which ...
- Each team will provide a club linesman to help the center referee when the ball goes out of play. ...
- There will be no slide tackles allowed!!!!!!!! ...
Full Answer
What is the number of sFas standards?
SFAS have been superseded by the FASB Accounting Standards Codification, which became effective after Sept. 15, 2009. This codification is now updated via Accounting Standards Updates (ASUs). The total number of SFAS is 168, with no. 168 noting that all prior standards are superseded by the ASC.
What is it like to be in SFAS?
In SFAS you will get smoked, rinsed off, dusted, and do it all over again. There will be plenty of times where you are tired, hungry, beat up, and mentally taxed.
How many reps do you need for SFAS?
PM3 x sets of squats with 55 lb. rucksack, 50 reps per set 3 x sets, 40 x flutter kicks, four count TIP FOR SUCCESSThe APFT minimum goal prior to attending SFAS should be 240 in the male 17-21 age group. However, the most successful candidates tend to score 270 or better.
When does an SFAS become a GAAP?
Once an SFAS is published, it becomes GAAP and must be followed for financial accounting. Before a concept can become a generally accepted principle, it must go through a series of steps.
What are the 4 principles of GAAP?
Four Constraints The four basic constraints associated with GAAP include objectivity, materiality, consistency and prudence.
What is SFAS No 5?
This Statement establishes standards of financial accounting and reporting for loss contingencies.
How many SFAS are there?
168The total number of SFAS is 168, with no. 168 noting that all prior standards are superseded by the ASC.
What is SFAS No 1?
SFAS 1. 1. Statement of Financial Accounting Standards No.1. Conceptual Framework for Financial Accounting and. Preparation of Financial Statements.
What percentage is probable in accounting?
While a numeric standard for probable does not exist, practice generally considers an event that has a 75% or greater likelihood of occurrence to be probable.
What is loss contingency?
Loss Contingency An existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an entity that will ultimately be resolved when one or more future events occur or fail to occur.
What is the pass rate for SFAS?
Assuming you are reasonably intelligent, and in good physical shape, you have a 31% chance of successfully passing the US Army Special Forces Assessment and Selection Course (SFAS).
What happens if you fail SFAS?
If they fail or are simply aren't selected during the Special Forces assessment, they are re-assigned to infantry. It wasn't always this way. In the past, Special Forces typically wanted soldiers to be older and more seasoned in the regular Army before making the jump.
What comes after SFAS?
After completing SFAS, you will be selected by the Army SF instructors to attend the "Q Course," the Special Forces Qualification Course (SFQC). Depending on your occupational specialty, this course will last from six months to a year; the medical and communications courses last longer.
What SFAS 151?
151. Statement of Financial Accounting Standards (SFAS) No. 151.
How many SFAC are there?
six StatementsThe conceptual framework consists of six Statements of Financial Accounting Concepts (SFAC) comprising a set of objectives (SFAC 1 [Business Enterprises] and 4 [Non-business Organizations]), characteristics of information (SFAC 2) principles (SFAC 5) constraints (SFAC 2), and elements (SFAC3, 6) that are meant to help ...
What SFAS 142?
SFAS 142 means the Statement of Financial Accounting Standards No. 142 (Goodwill and Other Intangible Assets), as issued by the Financial Accounting Standards Board in June, 2001, and applicable to all fiscal years beginning after December 15, 2001."
What is a statement of financial accounting standards?
Definition: A statement of financial accounting standards, also called SFAS, is a publication promulgated by FASB that establishes the generally accepted accounting standards in the US. In other words, this is a formal document issued by the FASB in an effort to provide guidance on a specific accounting topic.
What is FASB reporting?
First, FASB typically is identifies a current reporting issue that many companies or external users are complaining about. This could be an industry-wide problem or simply an accounting treatment that has evolved with new technology.
What Is Team Week Anyway?
Well, the school’s response is that Team Week is a series of tasks that the candidates must accomplish within a set amount of time. Sounds fairly innocuous, right? No one is better than the military at making something sound bland.
Team Work Is Essential Throughout SFAS
And trust me, the cadre is ALWAYS watching! During team week as an SFAS cadre member, I not only watched the candidate who was put in the leadership position of the event, but also his teammates. Are they supporting him to the best of their ability? Or are they just doing the rucksack flop during a break?
Always Be a Leader
In Special Forces, you’ll be expected to perform well above your pay grade in everyday work, so you must, must, must always be a leader in your attitude. It doesn’t matter if you are the Team Leader or the last guy in line. Always support the guy in charge to the best of your ability. Because that guy may be supporting you next.
Cool Wins in SFAS
Always remain calm. Trust me there will be times when you will be ready to explode because you’ll be tired, worn down, and physically exhausted. But a person who is out of control will make mistakes. Stay cool, calm, and collected. I believe it was Kipling who said,
The Gray Man
I didn’t know whether to write something on this subject because there are so many takes on it and they all differ. And this is one of those topics that I feel strongly about, so my take on it is a bit biased.
Final Thoughts
Team Week will test you, push you, and will be a big gut check. Take it seriously, but always keep a positive mental attitude and you’ll be fine.
What is the minimum score for APFT?
TIP FOR SUCCESS The APFT minimum goal prior to attending SFAS should be 240 in the male 17-21 age group. However, the most successful candidates tend to score 270 or better.
What is sustaining stage?
The sustaining stage is the stage during which physical fitness is main-tained. Although this training plan is designed to be used leading up to your SFAS course date, it is necessary to continue exercising at approx-imately the same intensity to retain the condition developed. Once a high level of physical fitness is attained a maintenance workout program should begin using the hard/easy workout concept. It should be noted that any plan you decide to follow should offer a taper-off period in the last two to three weeks prior to course attendance. Tapering off affords the body some recovery time and provides a buffer to work through any type of physical issue you might be experiencing.
Be in the Best Shape You Can Possibly Be
Special Forces candidates happily carrying logs during Special Forces Assessment and Selection. (DVIDS)
Leave the Assessing to the Assessors
This is a big one and a total no-brainer. Far too many candidates take a look around them and at the daunting task that is selection and psyche themselves right out of the course. They become so self-critical that they’ll convince themselves that they are doing terribly. It is a common trait among most successful people and many Special Operators.
Be a Team Player
This one is self-explanatory. Selection is an individual assessment conducted in a team environment. So yes, you’re being assessed as an individual. But part of that assessment, and a VERY BIG part of it, is how well you work within a team.
Ignore the Noise
The SFAS “rumor mill” used to kill me. There is something about Selection that turns good, troops into a ladies’ sewing circle. This goes right along with self-assessment. Listening to the rumor mill is an unnecessary drain on your energy and serves no purpose.
Statements of Financial Accounting Concepts
Statements of Financial Accounting Concepts are a part of the FASB conceptual framework project. They set fundamental objectives and concepts that FASB will use in developing future U.S. generally accepted accounting principles (GAAP), however, they are not a part of the US GAAP. To date, 7 Concept Statements have been issued.
List of FASB Interpretations
FASB Interpretations extend or explain existing standards (primarily Statements of Financial Accounting Standards), and are considered part of U.S. Generally accepted accounting principles. As of September 2006, 48 interpretations have been published.
List of FASB Staff Positions
As of May 2009, FASB has 70 issued and active FSPs and lists 11 FSPs that have been superseded. See FASB Staff Positions for the current listing.
List of FASB Technical Bulletins
The list of FASB Technical Bulletins follows the list of Staff Positions on the FASB website; See the start of the listing at FASB Technical Bulletins .
