consolidated net profit What is Condition Improvement Funding? Condition improvement funding, or CIF, was developed to change the Academy Capital Maintenance Fund (ACMF). It can be used for condition or expansion priorities. Condition priorities refer to matters of protection, dealing with poor construction, improving energy efficiency and the like, whilst expansion priorities may involve expansion of facilities and floor area to manage issues of overcrowding and limited resources. If you wish to submit an application for condition improvement funding, you can submit up to 2 projects per academy or college (just one of the might be for expansion priorities) and it is possible to request between ??8000 and ??4 million per project. Your application might be reviewed and processed in phases in order to ensure that you receive the correct quantity of funding to your project. 4. The determination of accounting earnings shall follow the principle of revenue confirmation. The current accounting practice and the law's view of earnings are still: only after the relevant conditions of the asset value increase are met, the benefits can be generated. Income and appreciation must be measured objectively, determined or unalterable, and must be verified through some business or accounting matters. In other words, the determination of accounting income should be based on the following two principles: the realization principle of income determination and the prudent principle of income determination. According to the realization principle of revenue recognition, the enterprise income should be divided into operating income and profit and loss. The determination of operating earnings must happen in selling goods or services and other key issues, and the profit and loss refers to the production of the assets held realized gains and losses, unrealized gains and losses caused by price change is not confirmed. According to the principle of steady earnings determine when a has a variety of economic business accounting methods for when the choice, should choose the most don't overestimate the method of income, it should not be overestimated revenues and should not be underestimated cost two aspects. In the face of market failure, coase has given the opposite answer: external-utility problems can be solved by explicitly using the market, without government intervention. And zhang wuchang is more absolute, he said that there is no so-called external utility, there is only unclear property rights. Anyway, coase brought revolutionary innovation to market concepts. He made it clear that the key to the market was not the "price mechanism" of impersonal machinery, but the power of participants in economic activity. Japan's industrial standard, JISK 0101, defines a car as a vehicle equipped with an engine and a control device that can still drive on land without a fixed orbit or overhead line. The American petroleum institute (API) released data showing a decline in U.S. crude oil and refined refining inventories, while gasoline inventories rose. Point 4: look at the guarantee. If the high yield p2p wealth management products of the platform are guaranteed, and the strength of the guarantee company, investors need to study it clearly.