Sentences with phrase «reflect economic reality»

The proper functioning of the VAT system required that single transactions should not be artificially split into separate supplies where to do so would not reflect the economic reality of the transaction.

The belief in instantaneous efficiency, and that the prices in the OPMI market reflect economic reality better than anywhere else pervades many areas of American life, including law and sociology as well as finance.

Financial accounting systems such as Generally Accepted Accounting Principles (GAAP) have to be based on a relatively rigid set of assumptions that can not in all (or even most) contexts reflect economic reality.

A good example of the difficulty in prescribing GAAP rules that reflect economic reality revolves around accounting for financial instruments, whether those instruments should be carried at amortized cost less impairments, or at lower of cost or fair value (with fair value usually equaling market price).

As a matter of fact, financial statements rarely reflect economic reality.

For these participants, GAAP are supposed to reflect economic reality.

TAVF, in its analyses, uses GAAP as an objective benchmark, adjusting the numbers to reflect an economic reality.

The cost for this ebook doesn't reflect economic reality in today's market given most consumer's budgets and it doesn't reflect how little ebooks cost to produce as compared to paperbacks - let alone hardcover.

Clinton cited the «blatant drumbeat» against the stimulus program from conservative talk radio, suggesting that it doesn't reflect economic reality.

But it is a key precept of this model that, while prices often do not reflect the economic realities in the short term, they always do in the long term (that is, after the passage of 10 years or so of time).

Class counsel Sam Marr and David Fogel of Landy Marr Kats LLP said that the decision «reflects the economic realities of workers in today's economic climate» and «it would be a loss to all workers if a new representative plaintiff is not found resulting in the dismissal of this action.»

The changes are meant to reflect economic realities, changes in the law, and help to clarify how child support amounts are set in Massachusetts.

Not exact matches

To be sure, this is a travesty of economic reality inasmuch as it reflects a distorted set of tax laws that permit absentee investors to depreciate buildings again and again, as if they wear out and lose value through lack of upkeep (despite landlords being legally required to maintain rental properties intact), or by obsolescence (even as construction standards cheapen).

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

While the Wall Street Journal and most market analysts are forecasting a 2007 continuation of the 2006 record bull market, I am taking a contrarian position, predicting 2007 will usher in a strong bear market that will soon begin reflecting the realities of the economic recession we entered roughly 11 months ago, in February 2006.

Typically, these rates — three - month T - bills, Libor, commercial paper — move together because they reflect the same basic economic reality.

This system of belief and social interpretation generally does not reflect the diversity of social reality there is within the society, but is consistent more with the economic or ideological system which has given it birth and its corporate managers who hold power within the system and benefit from it.

The alterity of the text, however, is not to be identified with the socio - cultural, economic or religious realities which its linguistic code and repertoire reflect.

The important thing is that television is laying the foundations of a consistent and integrated system of belief which fails to reflect the diversity of social reality but which is consistent with the economic system which has given it birth and serves the needs not primarily of people in society but of its corporate managers.

«The negative stories tended to reflect external realities — collapsing markets, economic uncertainty, political turmoil — rather than a partisan viewpoint.

That means making sure that public sector pay and pensions reflect the realities of the economic situation.

Hey Prince Andrew: let's see your high level appointments start reflecting «economic realities».

This kind of economic development reflects a new reality when it comes to paying for government.

UPDATE: Johnson released a lengthy statement in response to the AFL - CIO attack, noting he has been a «strong supporter» of a property tax cap and charter schools, was «proud» to support Tier V — «a move that will save Long Island taxpayers $ 8.5 billion and save this state $ 35 billion over the next three decades» — and has been urging teacher and public sector unions to sit down with elected officials to «hammer out revised wage agreements that reflect the current economic reality.»

The union's movement on Tier V reflects the reality of current economic conditions and the fact that it will only apply to future hires.

Following a recent 30 - man committee set up by the Federal Government, to review the minimum wage so as to reflect the current economic realities, workers are...

The Nigeria Labour Congress, NLC, said the new demand was to reflect inflation and other economic realities in the country.

I also think many socially - isolated men of all socio - economic levels end up thinking that reality TV reflects the way dating is done these days — and they get confused when they go all «jersey shore» on a woman and she ends up being repelled.

Scouring the various and often overlapping worlds of art, music, television, film, new media and literature, Ulaby's radio and online stories reflect political and economic realities, cultural issues, obsessions and transitions, as well as artistic adventurousness — and awesomeness.

Already, the solutions are coming: The superintendent's multi-cultural advisory committee will get new members from more diverse economic backgrounds, reflecting the reality of many struggling families; likewise, the student advisory committee, usually made up of the «best and brightest,» also will include new, less - successful student members whose ideas and issues also need to be included.

Only very rarely (e.g., the pricing of marketable securities by mutual funds) does GAAP reflect an economic truth or economic reality.

The book value is then adjusted in an analysis to reflect the Fund's version of economic reality.

The economic reality is better reflected by the accountant's accrual.

It not only reflects a mainstream recognition of this unfortunate trend, but is also sobering reminder of today's economic reality: homeowners» equity has been halved since 2005, leaving more than 15 million consumers underwater on their mortgages, and more than 6.5 million of those 30 % or more underwater.

While earnings have been the traditional metric to derive the value of a stock, Michael Mauboussin points out that cash flows reflect better economic reality than earnings in the article, «What You See and What You Get» dated July 23, 2007.

The Ocean after Nature examines the ocean as a site reflecting ecological, political and economic realities through the work of more than 20 artists and collectives, including Ursula Biemann, Drexciya, Renée Green, Peter Hutton, An - My Lê, The Otolith Group and Ulrike Ottinger.

Politicians of all parties (including the libertarians) fall all over themselves NOT to impose taxes so our economic and lifestyle choices would reflect reality.

The political and economic realities described by Hansen and his co-authors were reflected in a different way in a pioneering article on carbon dioxide and climate published in The Times in 1956:

At the end of the day, supporting breakthrough technologies holds more promise for drastically reducing emissions, reducing oil imports, and potentially boosting economic growth than does just efficiency standards, but the budget debate fails to reflect this reality.

To preserve consumer choice, maintain affordability and prevent potential engine damage and economic harm, federal ethanol policy should be overhauled to reflect consumer preferences, vehicle needs and America's 21st century energy reality.

But as reflected in the Quebec Bar Association's report and the Lawyers in private practice in 2021 study, this hourly billing model corresponds less and less with the reality of the current economic environment.

Such variations reflect the diversity of economic realities to which different statutes apply and of their objectives.

Where «living tree» constitutionalism allows for interpretation of the constitution to evolve to reflect modern realities, the Comeau case clings to an interpretation of section 121 that belies a realistic appraisal of Canada as an economic union, be it based on 1867 or today.

What we are doing is we are trying to use blockchain to reflect the reality that we have in our system, in the economic world in general.»

This reflects the reality for many traditional owners who operate as part of regional, cultural and economic networks.

Logic dictates that residences in a poorly funded HOA will be worth less than the well - funded association across the street, but normal market valuations will not reflect that important economic reality.