The FASB has yet to produce proposals on financial assets and is more wedded to a fair-value regime.

ECONOMIST: Accounting rules

Regulators also need to bear in mind that one of the central assumptions of the fair-value regime has not worked out quite as planned.

ECONOMIST: An accounting standard comes under the microscope

The plan calls for reforms in the country's value-added tax regime that would save industry 120 billion yuan, according to an estimate by the government.

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The region is of strategic value to Assad's regime because it links Damascus with the coastal enclave that is the heartland of Syria's Alawites and also home to the country's two main seaports, Latakia and Tartus.

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It is striking that executives at American investment banks, which have long been subject to fair-value rules, largely accept the regime.

ECONOMIST: An accounting standard comes under the microscope

What is the value to your company of instituting a compliance regime that covers the business-critical process of e-discovery.

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Inflation, even mild inflation, destroys confidence in the future value of money under a discretionary government fiat money regime.

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The long-run value of money is certain, unlike in a pure fiat money regime without rules or convertibility.

FORBES: The Federal Reserve's Flawed Approach To Monetary Policy