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IFRS give prominence to economic reality over legal form; Directors can not make heads or tails of IFRS financial statements; IFRS financial statements do not reflect the business model; Financial instruments are stated at "full fair value", thereby maximizing earnings volatility.
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A postman collecting mail for delivery. The mail or post is a system for physically transporting postcards, letters, and parcels. [1] A postal service can be private or public, though many governments place restrictions on private systems.
The U.S. District Court acknowledged the authority of the IRS to assess taxes on all forms of payment but did not permit taxation on the compensation provided by the insurance company, because unlike a wage or a sale of goods at a profit, this was not a gain. As the court noted, "Congress has taxed income, not compensation". [57]
The economists Harry Dexter White (left) and John Maynard Keynes (right) at the Bretton Woods Conference in New Hampshire [27]. The WTO precursor, General Agreement on Tariffs and Trade (GATT), was established by a multilateral treaty of 23 countries in 1947 after the end of World War II, in the wake of other new multilateral institutions dedicated to international economic cooperation—such ...
The Dilbert comic strip from May 8, 2009, features a character supporting an improbable claim by saying "Give me ten minutes and then check Wikipedia." [ 304 ] In July 2009, BBC Radio 4 broadcast a comedy series called Bigipedia , which was set on a website which was a parody of Wikipedia. [ 305 ]