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This commentary reviews the status of the global use of International Financial Reporting Standards (IFRS), including … in the US, and offers thoughts on prospects for global financial reporting. Many countries require or permit the use of … IFRS, but the goal of truly global, high quality financial reporting has not yet been achieved. Variation in application …
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Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant...
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In 2009, when the effects of the economic crisis were fully felt, countries around the world experienced negative impacts, starting from the USA, where the crisis began, through Europe to Asia. Economic cycles, fluctuations, and crises are a common part of the financial market, for example, the...
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