non profit jobs in knoxville tn On November 11, 1997, the bank of England took a big step towards independence, politely revising the "banking law" of 1946 and reading it in the lower house. The bill passed legislation affirming that Gordon Brown, the Treasury secretary, freed government control from the central banking business. This is the hallmark of an institution that has been under the yoke of government for a century and a half. It symbolises how demand for central bank independence becomes conventional wisdom. The accounting income maintains the financial capital preservation, namely, the monetary value that only requires the owner to invest is not eroded, the enterprise income exceeds the input value part is the accounting income. Accounting focuses on reporting financial results. The economic benefits insist on physical capital preservation, which can only be confirmed when the actual production capacity of the owner is saved. It is believed that only by maintaining the actual production capacity of the enterprise can the enterprise reproduce smoothly. Physical capital preservation is more meaningful than the income of financial capital preservation, but it is difficult to measure. In 2010, China overtakes Japan being the other world's economy. According to economists, China remains to be a developing country with fast pace of growth. Data released that Japan\'s gross domestic product is $1.286 trillion while it is worth $1.335 trillion for China. Another source demonstrates Japan keeps growing at 2-3 percent in compared with 10 % a year of China.