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We also find that disclosures that explicitly specify the relation between the direction of the credit risk change and the income statement effect significantly reduce participants' misinterpretations, and are more beneficial when fair value gains versus losses are recognized.
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Many argue that these income statement effects are counterintuitive and that financial statement-users are likely to misinterpret fair value gains as positive signals and fair value losses as negative signals.
Mr. Johnson, confirming a report in Time magazine, said Ms. Stewart, through her lawyers, had asked the committee "to issue a statement in effect clearing her".
President Hamid Karzai, in a statement, in effect blamed the Taliban.
A performative contradiction is a statement whose effect goes against its intended meaning.
Britain and Denmark are the key countries, and the Cohen statement in effect gives them a veto over this damaging project.
His statement, in effect declaring Brown unelectable, will further weaken the prime minister's waning authority and takes the challenge to his leadership to a dangerous level.
"Payment for May should be done before 9 June," Miller said in the statement, in effect extending the deadline by six days.
First, the data addresses association with death and other outcomes, and is not a direct statement of effect.
Twenty-six of the 77 web pages with qualitative statements of effect were categorised as "unclear" because it was not possible to determine what the statement meant about the effectiveness of the intervention.
A range of other top Russian officials made similar statements, in effect ruling out the possibility that oil could fall below $70.
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