Interpol has a dozen full-time investigators just following his past transactions to buried offshore accounts.
Liabilities are an entity's obligations to transfer economic benefits as a result of past transactions or events.
We also maintain an archive of all past major transactions, and an easily accessible list of the final decisions.
Already the company has missed its deadline twice as it works with an army of lawyers and auditors to try and review many past transactions.
They were the oral historians of all past transactions, public and private.
You could send dollar bills - those little green symbols of wealth acquired in past transactions - by mail.
"That is really not excessive and is in line with past transactions."
"I'm sure all of these past transactions will be investigated by lots of people," he said.
They are created because of past transactions or events and they may help in obtaining future economic benefits.
In contrast, historical cost accounting, based on the past transactions, is simpler, more stable, and easier to perform, but does not represent current market value.
