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What is Kant's categorical imperative? Explain its two formulations.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board for global use.
U.S.GAAP
Refers to the Generally Accepted Accounting Principles in the United States, which are a set of rules and standards used for accounting and financial reporting.
Revenue Recognition
Accounting principle determining when and how revenue is recognized and recorded, ensuring it reflects the actual earnings process.
Big Bath Charges
Large and unusual charges taken all at once to clean up a company's balance sheet by removing expected future losses.
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