US Supreme Court weighs social media 'blocks' by public officials
Can a public official block someone from their personal social media accounts?
Nov 1, 2023
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Can a public official block someone from their personal social media accounts?
Nov 1, 2023
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Elon Musk has said that corrections to posts on X would no longer be eligible for payment as the social network comes under mounting criticism as becoming a conduit for misinformation.
Oct 30, 2023
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Gaming is a $193 billion industry—nearly double the size of the film and music industries combined—and there are around three billion gamers worldwide. While online gaming can improve well-being and foster social relations, ...
Oct 27, 2023
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X, formerly known as Twitter, is testing a subscription plan called "Not a Bot" of US$1 equivalent per annum in New Zealand and the Philippines. Those who don't subscribe will still be able to log in to view content and follow ...
Oct 24, 2023
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If you've ever used a dating app, you've probably experienced the disappointment of meeting someone who doesn't look quite like their photos. You may have even been a victim of catfishing, where someone creates a fake identity ...
Oct 18, 2023
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Elon Musk's social media platform "X" has defended itself against claims from the European Union that it is failing to tackle disinformation around the Gaza-Israel conflict.
Oct 12, 2023
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In the last 20 years, disasters have claimed more than a million lives and caused nearly $3 trillion in economic losses worldwide, according to the United Nations.
Oct 10, 2023
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From fake accounts impersonating journalists to war-themed video games fueling false narratives, tech platforms are struggling to contain a tsunami of misinformation around Palestinian-Israeli hostilities after rolling back ...
Oct 10, 2023
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Computer scientists have developed a new tool that enables quicker and more accurate detection of money laundering, with the ability to scan 50 million transactions in less than a second.
Sep 22, 2023
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Not everyone you disagree with on social media is a bot, but various forms of social media manipulation are indeed used to spread false narratives, influence democratic processes and affect stock prices.
Sep 15, 2023
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Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing.
Accountancy is defined by the Oxford English Dictionary (OED) as "the profession or duties of an accountant".
Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."
Accounting is thousands of years old; the earliest accounting records, which date back more than 7,000 years, were found in Mesopotamia (Assyrians). The people of that time relied on primitive accounting methods to record the growth of crops and herds. Accounting evolved, improving over the years and advancing as business advanced.
Early accounts served mainly to assist the memory of the businessperson and the audience for the account was the proprietor or record keeper alone. Cruder forms of accounting were inadequate for the problems created by a business entity involving multiple investors, so double-entry bookkeeping first emerged in northern Italy in the 14th century, where trading ventures began to require more capital than a single individual was able to invest. The development of joint stock companies created wider audiences for accounts, as investors without firsthand knowledge of their operations relied on accounts to provide the requisite information. This development resulted in a split of accounting systems for internal (i.e. management accounting) and external (i.e. financial accounting) purposes, and subsequently also in accounting and disclosure regulations and a growing need for independent attestation of external accounts by auditors.
Today, accounting is called "the language of business" because it is the vehicle for reporting financial information about a business entity to many different groups of people. Accounting that concentrates on reporting to people inside the business entity is called management accounting and is used to provide information to employees, managers, owner-managers and auditors. Management accounting is concerned primarily with providing a basis for making management or operating decisions. Accounting that provides information to people outside the business entity is called financial accounting and provides information to present and potential shareholders, creditors such as banks or vendors, financial analysts, economists, and government agencies. Because these users have different needs, the presentation of financial accounts is very structured and subject to many more rules than management accounting. The body of rules that governs financial accounting in a given jurisdiction is called Generally Accepted Accounting Principles, or GAAP. Other rules include International Financial Reporting Standards, or IFRS, or US GAAP.
This text uses material from Wikipedia, licensed under CC BY-SA