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Obstructive picketing may be contrasted with non-obstructive picketing, in which the impact on the business or organization is likely to be limited to the presence nearby of a group of people close in number to the number of strikers, who have an informational picketing line, assembly or rally. It is possible, but rarely allowed in labor law ...
The generally accepted accounting principles (GAAP) are a set of accounting principles, procedures and standards that organisations use in order to compile their financial statements. GAAP states that the purpose of account reconciliation is to provide accuracy and consistency in financial accounts. To ensure all cash outlays and inlays match ...
Pacioli is regarded as the Father of Accounting. Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. [1] It involves preparing source documents for all transactions, operations, and other events of a business.
Industrial action (British English) or job action (American English) is a temporary show of dissatisfaction by employees—especially a strike or slowdown or working to rule—to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace.
A rolling strike, also known as a rotating strike, [1] [2] is a targeted strike where some union workers strike while others continue to work. These strikes can spread to other departments or locations as negotiations escalate. Rolling strikes are used to conserve strike funds and to make strike action unpredictable for the employer.
The National Labor Relations Act of 1935, also known as the Wagner Act, is a foundational statute of United States labor law that guarantees the right of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.
A strike fund is a reserve set up by a union ahead of time (through special assessments or from general funds) and used to provide strike pay or for other strike-related activities. Strike funds have also been called "fighting funds" [ 14 ] and in Danish "strejkekasse" . [ 15 ]
The Financial Accounting Standards Advisory Council then voiced its concerns due to the increase of financial reporting guidance from the old U.S. GAAP standards, and the FASB responded by launching a new project to codify the standards. The project was approved in September 2004 by the Trustees of the Financial Accounting Foundation. [2]
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