In his lone dissent to the majority and minority thoughts on the FCIC, Commissioner Peter J. Wallison of the American Company Institute (AEI) blamed U.S. housing policy, including the actions of Fannie & Freddie, primarily with the disaster, composing: "In the event the bubble began to deflate in mid-2007, the minimal excellent and significant poss
the rules for recognising and measuring losses from inventory write‑downs, restructurings, or impairments in an interim period of time are similar to the ones that an entity would follow if it geared up only annual money statements. [Refer:IAS 1 paragraphs 36 and 37] Having said that, if these kinds of items are recognised and calculated in a si
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