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Accounting Principles

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If everyone involved in the process of accounting followed their own system, or no system at all, there's be no way to truly tell whether a company was profitable or not. Most companies follow what are called generally accepted accounting principles, or GAAP, and there are huge tomes in libraries and bookstores devoted to just this one topic. Unless a company states otherwise, anyone reading a financial statement can make the assumption that company has used GAAP.
 
If GAAP are not the principles used for preparing financial statements, then a business needs to make clear which other form of accounting they're used and are bound to avoid using titles in its financial statements that could mislead the person examining it.  

GAAP are the gold standard for preparing financial statement. Not disclosing that it has used principles other than GAAP makes a company legally liable for any misleading or misunderstood data. These principles have been fine-tuned over decades and have effectively governed accounting methods and the financial reporting systems of businesses. Different principles have been established for different types of business entities, such for-profit and not-for-profit companies, governments and other enterprises. 
 
GAAP are not cut and dried, however. They're guidelines and as such are often open to interpretation. Estimates have to be made at times, and they require good faith efforts towards accuracy. You've surely heard the phrase "creative accounting" and this is when a company pushes the envelope a little (or a lot) to make their business look more profitable than it might actually be. This is also called massaging the numbers. This can get out of control and quickly turn into accounting fraud, which is also called cooking the books. The results of these practices can be devastating and ruin hundreds and thousands of lives, as in the cases of Enron, Rite Aid and others.

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Articles - Newsflash

FRUIT COCKTAILS.

Cocktails made of a combination of fruits are often served as the first course of a meal,  usually a luncheon or a dinner, to precede the soup course. In warm weather, they are an  excellent substitute for heavy cocktails made of lobster or crab, and they may even be  used to replace the soup course. The fruits used for this purpose should be the more  acid ones, for the acids and flavors are intended to serve as an appetizer, or the same  purpose for which the hot and highly seasoned soups are taken. Fruit cocktails should always be served ice cold.

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IMPORTANCE OF FOOD ELEMENTS

The purposes of food are to promote growth, to supply force and heat, and to furnish material to repair the waste which is constantly taking place in the body. Every breath, every thought, every motion, wears out some portion of the delicate and wonderful house in which we live. Various vital processes remove these worn and useless particles; and to keep the body in health, their loss must be made good by constantly renewed supplies of material properly adapted to replenish the worn and impaired tissues. This renovating material must be supplied through the medium of food and drink, and the best food is that by which the desired end may be most readily and perfectly attained. The great diversity in character of the several tissues of the body, makes it necessary that food should contain a variety of elements, in order that each part may be properly nourished and replenished.

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Applications in Cancer Treatment

A cure for cancer exists through the use of yoga, a San Antonio, Texas, cancer specialist said during a seminar in Oklahoma City in the 1980s.

But physicians refused to acknowledge the cure, said Col. Hansa Raval, M.D., a pathologist with the United States Army. Dr. Raval said her work in cytotechnology _ a diagnostic branch of medicine designed to pinpoint early stages of cancer _ was fruitless until she began researching the use of non-conventional methods of treatment.

The specialist said she witnessed the use of Raja yoga and meditation cure crippling arthritis, headaches and even cancer.

And even though Raval offers proof, which she said was collected during two years of study at the Brahma Kumaris World Spiritual University in India, she has been dismissed by other members of the medical profession as a kook.

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