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A illustrated time line 1945 1997 - Coursework Example

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In 1945, Britain, still had the largest empire in the world and was granted independence by 1964. In 1952, it became the third state in the world to…
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Download file to see previous pages As a result, the coalition government ended as Labour leader Clement Attlee clearly won majority seats over Winston Churchill. In addition to this, the year also finished with celebration of the victory in the World War II. In 1948 National Health Service was established and Labour government made significant changes that promote medical services. Moreover, a free paid system was introduced to those who registered with a doctor. Labour Leader Clement Attlee was re-elected as Prime minister in 1950. Later British troop were sent to support the USA in the cold War at South Korea. In the year 1951, Winston Churchill won the general election under Conservative party and became the Prime Minister for the second time at the age of 76. He promoted foreign affairs, reduced pressure of Cold War and maintained good relationship with the USA. He once said that “We see nothing but good and hope in a richer, freer, more contented European commonalty. But we have our own dream and our own task. We are with Europe, but not of it. We are linked, but not comprised. We are interested and associated, but not absorbed” ( After the death of George VI in 1952, his daughter Elizabeth II became the Queen and the Prime Minister supported her. In 1955 Winston Churchill at the age of 80 went on retirement due to the health issues. His successor was Anthony Eden who won the general elections in 1956. Furthermore, British power station was turned on for the first time. However, Egypt decided to nationalize the Suez Canal and American intervention made Britain and France to withdraw and Egypt got the canal back. As a result, it placed America higher over them. In the year 1957, The Prime Minister Sir Anthony Eden resigned due to Suez Crisis and was taken over by Harold Macmillan. Besides, Britain tested its first hydrogen bomb and joined to Soviet Union. The Conservatives leader Harold Macmillan won the general election with great margin of votes ...Download file to see next pagesRead More
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IFRS Illustrated Financial Statement the same line as well. There is also another problem that is associated with the application of IFRSs. The best thing about this problem is that it is a one-time type of problem. This predicament is associated with the period of transition from the old principles or standards like US GAAP to IFRSs. End users would especially find it hard while doing an across-period analysis of financial statements. (, 2009) References: Ball, Ray. (2005). International Financial Reporting Standards (IFRS): Pros and Cons for Investors. Retrieved 19 November 2011 IFRS-Pros-and-Cons-for-Investors-by-Ray-Ball (2008)....
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