not for profit organization definition
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not for profit organization definition

The accounting income follows the historical cost principle and the matching principle, which is conducive to the objective reflection of the business management responsibility of the enterprise management authorities. But, due to the historical cost principle inherent defects, especially according to the present value of revenue and expenses by historical cost line, makes the calculation of accounting earnings lack of inner logical unity, and the matching principle is difficult to carry out, so that the book value of assets can not reflect its real value, cost cannot be fully compensated. And the economic benefit is measured in the current value, which reflects the actual value of the asset, which is beneficial to the full compensation of the cost. The bank maintained its main interest rate by 0.0 percentage point and raised its 2017 GDP growth forecast by 2 percentage points to 2.4 percentage points. The first wedge-shaped car was made in 1963, and the car was highly regarded as an expert in car shape design. In 1968, gm's Ozzie toronado improved and developed the wedge-shaped car, and in 1968, it was adopted by the Cadillac premium sedan, eldo. Wedges are widely used in racing cars. Because the car first considers the influence of fluid mechanics (aerodynamics) and other issues on the automobile, the body can be made entirely by wedge, while the ride comfort is considered as a secondary consideration. Like the Italian ferrari in the 1980s, it was a typical wedge shape. Wedge shape for currently considering the high-speed car, whether from the aspects of its modelling concise, move feeling, or from its embodiment of aerodynamics, are conform to the requirements of the modern people's subjective, with a strong contemporary breath, give a person with beautiful enjoyment and speed fast. Japan's Toyota motor co., the MR2, is an engine sports car (the tail is fitted with a flexible flow board) that can be called a car in a wedge car. Based on the above two kinds of comparison and analysis of the concept of earnings, reveals the inadequacy of accounting earnings, i.e., the accounting income does not take into account inflation, the production gains, goodwill to improve the impact of changes and their value, and can be found on only the pursuit of reliability, and can be measured, which affect the enterprise's profit ability and continuous operation ability. Accounting, since the 1950 s began to pay attention to absorb the income concept of some reasonable kernel of economics, the concept of modern accounting theory of income in the income concept of economics. George Goncalves, head of us interest rate strategy at nomura, argues that this could be the start of a bigger sell-off, largely depending on whether the us tax reform will eventually be approved. The bond market has been sceptical about the prospect of approval. The fund's fourth consultation underlines the enormous uncertainty facing Britain in the ambitious task of negotiating an exit from the eu. That does not stop Mr Draghi from warning that inflation is still being affected by a sluggish wage growth, which is now much slower than the "post-recession recovery".