The Code of Chivalry Essay Example For Students

The Code of Chivalry Essay The Code of Chivalry The term chivalry has its origin in the medieval institution of knighthood. Chivalry and knighthood have been popularly studied by scholars. The term chivalry originates from the old French word chevalerie. This word itself derives from the Latin term caballarius that means someone on the horseback. Chivalry is not a legal or technical term, rather the word has its root in the vernacular of twelfth century. The meaning of this word as used in the French literature of the High Middle Ages remains imprecise, as it could â€Å"refer variously to a group of mounted aristocratic warriors or the behavior of such a group or the standard that members of the group would have liked to meet† (Bouchard 103). The old French term chevalerie continued to describe warrior like qualities of armed men on horseback up until the final decades of twelfth century. The term did not have moral and political overtones at the time. The term that described polite and virtuous behavior of nobles including the art of courtly behavior was cortoisie (Bouchard 103). Historians have spoken of Age of Chivalry in Europe when the Viking raids came to an end. In the Middle Ages a code of knighthood, also known as Code of Chivalry developed that emphasized bravery, honesty, and courtesy. The Age of Chivalry distinguishes feudalism in Middle Ages apart from the others. Feudalism was not unique to Europe but almost every contemporary kingdoms throughout the world used some form of feudal government. The society in Medieval Ages was harsh and brutal. The knights were the same barbaric tribesmen that had devastated Rome not long back. Hence a Code of Chivalry was developed to tone down the brutal temperament of the warriors in a Christian setting. All knights were supposed to follow the Code of Chivalry. It set up standards for the training, and behavior of knights both in and out of combat. The Catholic Church was concerned with harshness and brutality prevalent during the Middle ages. In the opinion of Church Officials knights could show honesty, generosity, and courtesy as also respect to women if they took vows during the knighting ceremony. Therefore, by 1100s Church began to take special interest in knighting ceremony adding an aura of moral significance to it (Stanton Hyma 261-262). In due course and over a period of time developed the code of chivalry that was religiously sanctified. With religious sanctification the spirit de corps of the knightly world gained strength along with impacting upon the moral law of the group. Before a future knight took back his sword from the altar he was required to take an oath defining his obligations. Not all dubbed knights had their arm blessed and hence not all of them took the oath, but according to many ecclesiastical writers, even those that did not pronounce the oath with their lips were bound to the code by a kind of quasi-contract. Slowly and gradually, the rules thus formulated found their way into texts beginning with prayer, followed by various writings in vulgar tongue. â€Å"One of these composed shortly after 1180, was a celebrated passage from the Perceval of Chretien de Troyes. In the following century these rules were set forth in some pages of the prose romance of Lancelot; in the German Minnesang, in the fragment of the ‘Meissner’; finally and above all, in the short French didactic poem entitled L’Ordene de Chevalerie (Bloch 38). In the middle ages, along with strength and skills of combat, a knight was expected to be chivalrous, that is, the aggressive side of his nature was expected to be tempered with modest qualities of bravery and courtesy, gallantry and honor toward ladies. The Middle Ages culture strongly focused on the Knights Code of Chivalry. ‘The Song of Roland’ composed between 1098 and 1100 documents one such code. This code that describes eighth century Knights of the dark ages is also known as Charlemagnes Code of Chivalry, for Charlemagne is depicted fighting battles. .udd0a979c8133b7505f8bb807346db4a4 , .udd0a979c8133b7505f8bb807346db4a4 .postImageUrl , .udd0a979c8133b7505f8bb807346db4a4 .centered-text-area { min-height: 80px; position: relative; } .udd0a979c8133b7505f8bb807346db4a4 , .udd0a979c8133b7505f8bb807346db4a4:hover , .udd0a979c8133b7505f8bb807346db4a4:visited , .udd0a979c8133b7505f8bb807346db4a4:active { border:0!important; } .udd0a979c8133b7505f8bb807346db4a4 .clearfix:after { content: ""; display: table; clear: both; } .udd0a979c8133b7505f8bb807346db4a4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .udd0a979c8133b7505f8bb807346db4a4:active , .udd0a979c8133b7505f8bb807346db4a4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .udd0a979c8133b7505f8bb807346db4a4 .centered-text-area { width: 100%; position: relative ; } .udd0a979c8133b7505f8bb807346db4a4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .udd0a979c8133b7505f8bb807346db4a4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .udd0a979c8133b7505f8bb807346db4a4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .udd0a979c8133b7505f8bb807346db4a4:hover .ctaButton { background-color: #34495E!important; } .udd0a979c8133b7505f8bb807346db4a4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .udd0a979c8133b7505f8bb807346db4a4 .udd0a979c8133b7505f8bb807346db4a4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .udd0a979c8133b7505f8bb807346db4a4:after { content: ""; display: block; clear: both; } READ: Huckleberry Finn and Pride and Prejudice, Fathers EssayThe codes that can be deciphered from the song include fear of God, to serve the master or liege lord faithfully, to protect weak and defenseless including orphans and widows, to avoid wanton offence, to live with honor and glory and despise pecuniary considerations, to fight for the public good and welfare, to obey those in higher position, to defend the honor of other knights, to refrain from dishonesty, deceit, meanness, and unfairness, to safeguard faith, to speak truthfully under every condition, to persevere to logical in any assignment or enterprise, to defend the honor of women, to accept any challenge thrown b y an equal, and never to show the back to an enemy (middle-ages. org. uk). There are at least 12 acts of chivalry out of 17 entries in the code available in the Song of Roland. The rest of them relate to combat. The Duke of Burgundy in 14th century describes a number of chivalric virtues of the Knights Code of Chivalry to include â€Å"valor, diligence, hope, resolution, truth, liberality, sagacity, temperance, prudence, faith, charity and justice† (middle-ages. org. uk). The Code of Chivalry, as we see above, prescribes a set of ideals of the Middle Ages. They formed a part of oaths and vows of swearing in ceremonies of knighthood. The oaths of combat, ideals of chivalry together with rules of etiquette and conduct were sacred in nature and popularly incorporated in poems, ballads as well as other literary works. These songs and ballads – describing valor and chivalry to be followed by the knights – were sung by wandering minstrels in the Middle Ages. The Dark Age myths of Arthurian Legends featuring King Arthur, Camelot and the Knights of the Round Table further strengthen the idea of a Knights Code of Chivalry. The Arthurian legend revolves around the Code of Chivalry which was adhered to by the Knights of the Round Table Honour, Honesty, Valour and Loyalty† (middleages. org. uk). Among the most popular stories of knightly adventure is recounted the legends of King Arthur and the knights of Round Table. Although the first Arthurian stones were written in the twelfth century, the publication of Thomas Malory’s Morte d’ Arthur in 15th century made Arthurian legends highly popular. The Arthurian tales describe knightly virtues of brave, adventurous but gentle knights. These tales speak of the heroic ordeals of knights who combine the twin knightly ideals of â€Å"chivalry and courtly love† (Marshall Cavendish Corporation 437). According to the contemporary Church, a knight actually served God in his role as the defender of the weak and helpless, and it was the privilege of a knight to do so. The knighting ceremony was imbued with symbolism so that a knight would remember his vows and could live best up to them. Taking a bath was the first ritual that prepared a squire for knighthood. It symbolized purity that a knight was under the vow to maintain. This was followed by spending a night in chapel watching his weapons on the altar. There, he would confess his faults to God and resolve to be a true and upright knight. This was followed by a solemn religious service, where the squire’s sword was blessed on the altar by the church officials. Finally, the young man knelt before his lord to receive a light blow with sword on his shoulder called â€Å"accolade†. The young knight was then told to be valiant in the name of God (Stanton Hyma 262). One might wonder what possibly could be the worth of chivalry today. However, the worthiness of medieval culture may have positive contributions to make even today when we may be culturally deficient in certain respects in comparison to our forefathers. We owe the concept of being gentleman to medieval literature. .u86bf2de094caa72167b2ac61ec033bd4 , .u86bf2de094caa72167b2ac61ec033bd4 .postImageUrl , .u86bf2de094caa72167b2ac61ec033bd4 .centered-text-area { min-height: 80px; position: relative; } .u86bf2de094caa72167b2ac61ec033bd4 , .u86bf2de094caa72167b2ac61ec033bd4:hover , .u86bf2de094caa72167b2ac61ec033bd4:visited , .u86bf2de094caa72167b2ac61ec033bd4:active { border:0!important; } .u86bf2de094caa72167b2ac61ec033bd4 .clearfix:after { content: ""; display: table; clear: both; } .u86bf2de094caa72167b2ac61ec033bd4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u86bf2de094caa72167b2ac61ec033bd4:active , .u86bf2de094caa72167b2ac61ec033bd4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u86bf2de094caa72167b2ac61ec033bd4 .centered-text-area { width: 100%; position: relative ; } .u86bf2de094caa72167b2ac61ec033bd4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u86bf2de094caa72167b2ac61ec033bd4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u86bf2de094caa72167b2ac61ec033bd4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u86bf2de094caa72167b2ac61ec033bd4:hover .ctaButton { background-color: #34495E!important; } .u86bf2de094caa72167b2ac61ec033bd4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u86bf2de094caa72167b2ac61ec033bd4 .u86bf2de094caa72167b2ac61ec033bd4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u86bf2de094caa72167b2ac61ec033bd4:after { content: ""; display: block; clear: both; } READ: Be All That You Can Be EssayThe concept of gentlemanly behavior is much degraded today. We seem to have forgotten the virtues of what it means to be a man with the consequence of much of the social problems from alcoholism to spousal abuse originating from the lack of manly virtues. Chivalry in medieval times was the foundation of male ethical code. It shaped the tenets of gentlemanly conduct every where. Chivalry is certainly not an outdated concept in the modern world. A certain standard of ethical conduct is expected in our behavior and attitude toward others. The relationship between men and women, weak and strong, white and black ought to be defined by standards of be havior and conduct akin to chivalrous code. However, it is a fact that the modern society is the fast paced technological society with disintegrating family and community institutions where the old norms are breaking in to be replaced by the new norms. The individual is a free citizen of modern democracy with rights and duties protected by the constitution. The modern state is a secular state and consequently free of religious symbolism in the matters of state administration. Nonetheless, the Presidents, Governors, people’s representatives and public officials are bound by the oath of constitution in their conduct and behavior. The are expected to demonstrate the highest standards of ethics and morality in their behavior. Nonetheless, there are a number of public figures whose personal lives leave much to be desired. Works Cited Bloch, Marc. Feudal Society, Vol 2: Social Classes and Political Organisation, 2nd Edition, Routledge 1989 Bouchard, Constance Brittain. STRONG OF BODY, BRAVE AND NOBLE: Chivalry and Society in Medieval France, Cornell University Press 1998 â€Å"Knights Code of Chivalry†. Accessed November2, 2009 from http://www. middle-ages. org. uk/knights-code-of-chivalry. htm Marshall Cavendish. , . Alex Woolf; Steven Maddocks (Eds. ) Exploring the Middle Ages. Marshall Cavendish 2006. Stanton, Mary Hyma, Albert. Streams of Civilization: Earliest Times to the Discovery of the New World. Christian Liberty Press, 1992

The Crucible Ture Devils In Selam Essays - Salem Witch Trials

The Crucible: Ture Devils In Selam The Crucible: True Devils in Salem In The Crucible by Arthur Miller, the madness of the Salem Witch Trials is explored in great detail. There are many theories as to why the witch trials came about, the most popular of which the girls' suppressed childhood. However, there were other factors as well, such as Abigail Williams' affair with John Proctor, the secret grudges that neighbors held against each other, and the physical and economic differences between the citizens of Salem Village. From a historical viewpoint, it is known that young girls in colonial Massachusetts were given little or no freedom to act like children. They were expected to walk straight, arms by their sides, eyes slightly downcast, and their mouths were to be shut unless otherwise asked to speak. It is not surprising that the girls would find this type of lifestyle very constricting. To rebel against it, they played pranks, such as dancing in the woods, listening to slaves' magic stories and pretending that other villagers were bewitching them. The Crucible starts after the girls in the village have been caught dancing in the woods. As one of them falls sick, rumors start to fly that there is witchcraft going on in the woods, and that the sick girl is bewitched. Once the girls talk to each other, they become more and more frightened of being accused as witch, so Abigail starts accusing others of practicing witchcraft. The other girls all join in so that the blame will not be placed on them. In T he Crucible, Abigail starts the accusations by saying, I go back to Jesus; I kiss his hand. I saw Sarah Good with the Devil! I saw Goody Osburn with the Devil! I saw Bridget Bishop with the Devil! Another girl, Betty, continues the cry with, I saw George Jacobs with the Devil! I saw Goody Howe with the Devil! From here on, the accusations grow and grow until the jails overflow with accused witches. It must have given them an incredible sense of power when the whole town of Salem listened to their words and believed each and every accusation. After all, children were to be seen and not heard in Puritan society, and the newfound attention was probably overwhelming. In Act Three of The Crucible, the girls were called before the judges to defend themselves against the claims that they were only acting. To prove their innocence, Abigail led the other girls in a chilling scene. Abby acted as if Mary Warren sent her spirit up to the rafters and began to talk to the spirit. Oh Mary, this is a black art to change your shape. No, I cannot, I cannot stop my mouth; it's God's work I do. The other girls all stared at the rafters in horror and began to repeat everything they heard. Finally, the girls' hysterics caused Mary Warren to accuse John Proctor of witchcraft. Once the scam started, it was too late to stop, and the snowballing effect of wild accusations soon resulted in the hanging of many innocents. After the wave of accusations began, grudges began to surface in the community. Small slights were made out to be witchcraft, and bad business deals were blamed on witchery. Two characters in The Crucible, Giles Corey and Thomas Putnam, argue early on a bout a plot of land. Corey claims that he bought it from Goody Nurse but Putnam says he owns it, and Goody Nurse had no right to sell it. Later, when Putnam's daughter accuses George Jacobs of witchery, Corey claims that Putnam only wants Jacobs' land. Giles says, If Jacobs hangs for a witch he forfeit up his property - that's law! And there is none but Putnam with the coin to buy so great a piece. This man is killing his neighbors for their land! Others also had hidden motives for accusing their neighbors. Once the accusations began, everyone had a reason to accuse someone else as bewitched; therefore it is why the hangings got so out of hand. The wave of accusations can be likened to mass hysteria, in which the people involved are so caught up that they start having delusions of

Writing a Private School Essay Sample

Writing a Private School Essay SampleMany students, parents and teachers assume that writing a private school essay sample is fairly easy. In fact, a lot of students believe they can just write something that they've seen in the textbook and then just hope that it will be accepted. This might be true for the most part, but there are some guidelines that you should follow when you write your essay.The first step to writing a private school essay sample is to determine what type of topic you would like to write about. You'll need to know what questions you want to ask and how you would like to answer them, so that you know what issues you will address in your essay.One of the best things that you can do when you are writing a private school essay sample is to research the topic before you begin writing. Researching the topic will allow you to see what types of essays the professors typically write. You'll also be able to see if the types of questions are commonly asked and how they are asked. This will help you write your essay accordingly.If you've decided that you'd like to focus on a certain topic that's common in many private schools, the next step is to decide which types of examples you'd like to use. Private schools often use examples that are from history or real life stories. This is one of the easiest things to use for your essay, because you can write your essay in a way that makes it easier for you to use an example from history.Of course, if you would like to write a private school essay sample that is more challenging, you may want to include a story from history. For example, a student could use a historical story that happened in their own country as a topic for his essay. It is not uncommon for teachers to tell students that the topics that they choose for their essay will have more impact than the topics that they choose for their exams.If you've done your research and you're ready to use examples from real life, personal experiences, this is al so an option. Just be sure that the information you are using is real and should not be judged based on rumors or exaggerations.Finally, when you are writing your essay, remember that it is the teacher that is giving you feedback. Your teacher is not your audience. You have to be respectful and listen to what the teacher is trying to get across to you.Keep these tips in mind when you're writing a private school essay sample. You can still use examples from real life, but keep your essay interesting and unique by making sure that you take the time to research the topic before you begin writing. Writing is not difficult, but it is important that you learn how to write effectively.

Toni Morrison essays

Toni Morrison essays Toni Morrison was born in the steel town of Lorain. Ohio on February 18, 1931, her name at that time was Chloe Anthony Wofford. Morrison was the second of four children. Her family was made up of migrant sharecroppers on both sides. Her parents George and Ramah Willis Wofford moved north to Ohio to escape racism and find better economic opportunities. Morrison was born into a very proud family her father worked and new many trades including welding and construction. George kept three jobs at the same time during Morrisons childhood. He took great pride in his appearance and work always being sure to be well dressed and at his work each time he welded a perfect seam he would also weld his name into the side of the ship. George would tell Morrison folk tales of the black community, making sure to transfer some of his African-American heritage onto her. She also gained from her father a slight distrust for whites she says My father was a racist. As a child in Georgia, he recei ved a shocking impression of adult white people, and for the rest of his life felt he was justified in despising all white, and that they were not justified in despising him. Morrisons mother was a church going woman who sang in the choir. Lorain was a small industrial town populated with immigrant Europeans, Mexicans and Southern blacks intertwined in the city. Morrison attended an integrated school in Lorain. In the first grade she was the only black student in the class, she was also the only student who could read. She was a great student who hoped to one day be a ballerina dancer like her favorite Maria Tallchief. She loved to read everything from Dostoyevski to Gustave Flaubert. She was friends with many of the white students in her school and it was not until she started dating that she really experienced racism first hand. Morrison graduated with honors in 1949 from Lorain High School. Morrison...

Bystander Effect

The bystander effect is the name given to a social psychological phenomenon in cases where individuals do not offer help in an emergency situation when other people are present. It is a situational ambiguity; when we are confused about a situation and unconsciously interpret the event as if nothing is happening unusual. Some researchers have found that onlookers are less likely to intervene if the situation is ambiguous. We usually develop an illusion of normality. Because of the ignorance of other people in emergency situation; we also feel that nothing is so serious and it will be fine. One major factor of bystander effect is busy life and too much introvert behaviour. We rarely give a thought to stop and judge the situation and react accordingly. Some researchers have found that onlookers are less likely to intervene if the situation is ambiguous. There are couple of more reasons which are cause of bystander effect. One of them is feeling of being unqualified to interfere in such situation.We think that our knowledge for such situation is not enough to jump into and a fear arises inside which pushes us away from the situation. Because in first place we always want to put ourself in safe place. Also, we generally try to look the behaviour of other people to get tan idea of seriousness of the situation , other people’s reaction or action in emergency situation usually effects our thinking . This is called as social proof which we look for before getting into the situation. Social influence on our mind is the factor which plays critical role in our life.There are two major factors that contribute to the bystander effect. First, the presence of other people creates a diffusion of responsibility. Because there are other observers, individuals do not feel as much pressure to take action, since the responsibility to take action is thought to be shared among all of those present. The second reason is the need to behave in correct and socially acceptable ways. When other observers fail to react, individuals often take this as a signal that a response is not needed or not appropriate.The importance of taking responsibility explains why behaviours consistent with the bystander effect can be observed in situations even outside a typical crowd situation, such as a series of passers-by in a public place. Even though they may be alone at the time, the knowledge of others who are likely to pass by also can negate responsibility. In the case of Kitty Genovese, many of the 38 witnesses reported that they believed that they were witnessing a lovers quarrel, and did not realize that the young woman was actually being murdered.

Objectives and Targets Step for Making Music Festivals Essay

Objectives and Targets Step for Making Music Festivals - Essay Example The festival has been identified to be offering different accommodation services to the visitors or audiences through camping fields. The visitors are also provided with the opportunity of bringing caravans as well as campervan for their accommodation during the festival. Visitors are also offered with the opportunity of having both on-site and off-site camping services (Glastonbury Festivala, 2014). The main objective of this project includes the evaluation of the increasing count of visitors who attend or participate in this Greenfield festival. Depending on the evaluation, project strategies regarding the provision of appropriate accommodating facilities to the increasing rate of audience inflow are formulated. In this regard, for attracting the major portion of the visitors, the objectives of the business are provided hereunder. Arrangement for accommodation for the audience of the Glastonbury Festival has always been a tedious job taking consideration of the fact that every year this Greenfield festival brings in a new and increased count of a population that may even cross few millions (Glastonbury Festival). In this regard, the audience for the accommodation service does not depend on any specific gender and age. In addition, the festival is identified to attract the youth to a large extent. In this regard, the specific target audience for the accommodation will be to attract 40 percent of the youth as well as normal adults. The specific target audience for the festival will also comprise both luxury and classic services. The accommodation services are segregated on the basis of luxury as well as a classic so that visitors are able to have their accommodation on the basis of their preferences (Glastonbury Festivalc, 2014; Glastonbury Festival; Guardian News and Media Limited, 2014). The accommodation services offered in the Glastonbury festival is based on certain factors that include privacy, room space, access to the festival, car parking facilities and  catering services.  

Universal Accounting Approach &Cross Border Investment Essay

Universal Accounting Approach &Cross Border Investment - Essay Example Without these accounting standards each and every business entity would have to develop their own accounting standards that would make the comparison of financial information of different business enterprises difficult. The interests of the financial activities of the individual and institutional investors have become global recognizable and there has been active involvement of various organizational bodies for the development of a widely accepted accounting framework beneficial to the investors. The existence of an efficient and liquid capital market can only be possible, if the investors are provided with transparent, relevant and reliable information. Introduction: Universal Accounting Approach &Cross Border Investment The corporate sector is facing certain complexities in terms of corporate governance and financial reporting and has also affected the US Capital markets. The current financial community is devoid of strong framework, which can integrate the systems altogether and d evelop a global financial reporting language. The silver lining in the current complexities would be the sudden and tremendous progress towards the achievement of a global financial reporting language. The development of a global financial reporting language would be the establishment of a strong financial framework, which will comply with the universal accounting standards and regulations. ... e International Accounting Standard Board (IASB) and International Accounting Standard Committee Board (IASC) has contributed significantly to the outcome of the organizations. These boards are endowed with activities and tasks for the development of accounting standards, which comply with the current accounting environment (Beck, Kunt and Levine, 2002). The study will lay emphasis on the accounting standards developed by leading organizations, associations and their contribution towards the betterment of the economy. The author of the study will also highlight the accounting techniques, significantly for the cross border and regional investments. Finally, the study will conclude with the summary of the existing environment market with the application of the accounting standards and tools. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) The IASB and FASB have been working in unification since the year 2002 and the two boards have co nverged their required tactics for the development of several accounting and investment projects. It is one of the non-profit organizations, whose primary purpose is to formulate certain accounting principles within the US region for the interest of the common people. It was established in the year 1973. The boards helped in establishing the accounting standards and regulations for educating the issuers, auditors, government and various other users. Some of the main objectives of the board would be to improve the utility of the financial reporting for the guidance of varied users, develop standards for the current business organizations, identify reports in the accounting process and promote international convergence of accounting standards in compliance with the quality of financial