Accounting rules set for shake-up

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoReporter center[Photos] Meet The Man Katie Couric Is Romantically Involved With In 2021Reporter centerUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Share Accounting rules set for shake-up KCS-content whatsapp whatsappcenter_img CHANGES to lease accounting rules are set to increase debt loads on company balance sheets by billions of pounds if regulators get the go-ahead for new measures.The overhaul to how rented assets appear on balance sheets is intended to improve transparency, according to a joint proposal by the International Accounting Standards Board (IASB)?and US regulators. “Much of the estimated annual $640bn of lease commitments fails to appear on the balance sheet of lessees, thereby giving a false impression of companies’ liabilities and gearing,” said IASB chairman Sir David Tweedie.The rules could come into place in 2011, though they have already faced stiff criticism in consultations. Tuesday 17 August 2010 8:20 pm Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Mecom

first_img Show Comments ▼ whatsapp THERE won’t be too many tears shed for David Montgomery, who yesterday agreed to retire from Mecom after shareholders representing more than 50 per cent of the stock said they wanted him out.As chief executive of the Mirror Group Montgomery made enemies with his legendary cost cutting and a dour manner. At Mecom Montgomery has put together a media group comprising of assets in Holland, Denmark, Norway, Poland and Germany (since sold). He did so with a view to leveraging local content across the different media. As it happens he will be leaving Mecom just as many financial analysts think its financial circumstances might be about to turn for the better.A £140m rights issue has bolstered the balance sheet and online revenues (which have so far been disappointing) are now on the increase.Shares have risen 85 per cent this year after a nightmare in 2009. They may have further to go. Mecom Thursday 9 September 2010 8:37 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndocenter_img whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com KCS-content Tags: NULL Sharelast_img read more

King tells the unions cuts are only option

first_img Show Comments ▼ whatsapp KCS-content Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndo MERVYN King launched a broadside against bankers’ bonuses yesterday, telling unions they were right to be angry at the industry – but he warned there was no alternative to swingeing spending cuts to reduce the deficit. Speaking at the Trades Union Congress annual conference in Manchester, the Bank of England governor said the economic crisis rested squarely on the shoulders of the banking industry. He said: “Remuneration, especially the structure of financial sector bonuses, encouraged excessive risk-taking… your members, and indeed the businesses which employ them, are entitled to be angry.”However, King – who will soon have overall responsibility for bank regulation – said that clamping down on bonuses was not the answer, because “if banks want to pay this money to those individuals they will find a way to do it”. Wednesday 15 September 2010 8:41 pm Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof The governor also fired a warning shot across the bow of the unions, insisting that savage spending cuts and public sector job losses were essential if Britain is to reduce its “unsustainable” deficit. He said: “It is vital for any government to set out and commit to a clear and credible plan for reducing the deficit. The current plan is to reduce the deficit steadily over five years – a more gradual fiscal tightening than in some other countries. As a result of a failure to put such a plan in place sooner, some euro-area countries have found… a much more rapid adjustment being forced upon them.”Unions reacted angrily to King’s comments. Paul Kenny, GMB general secretary, said: “His analysis of the excesses of the banking system reminds me of Jessie James warning people in the Wild West about the dangers of train robberies.” King tells the unions cuts are only option Tags: NULLlast_img read more

Ikea announces profits for first time, promises to be more open

first_img whatsapp Ikea announces profits for first time, promises to be more open Tags: NULL Share whatsapp SWEDISH furniture retailer Ikea has released full-year trading results for the first time announcing net profit increased 11.3 per cent to €2.5bn (£2.2bn) for the year to 31 August.The store said group sales for 2009 increased by 1.4 per cent to €21.8bn, equivalent to 3.1 per cent growth, despite what it called “difficult” external economic circumstances.It said while rivals suffered a sharp decline in sales it had benefited from customers searching for cheaper furniture and had opened 15 new stores. Ikea said it also planned to move into new markets, including India.Group sales so far for this year increased by 7.7 per cent to €23.1bn. Ikea said profits would be announced at a later date.The retailer’s results are contained within a new leaflet called “Welcome Inside” and it is believed they are part of reforms designed to dispel allegations of secrecy by chief executive Mikael Ohlsson, who took over from Anders Dahlvig last year. Dahlvig had been in charge of Ikea for a decade.The leaflet added net income fluctuated between 10 and 13 per cent of revenue in the past 10 years. It added figures would be published every year from now on. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com KCS-content Show Comments ▼ Sunday 3 October 2010 10:41 pmlast_img read more

Inmarsat in high orbit as revenues soar 18.4pc in strong third-quarter trading

first_img Share Show Comments ▼ KCS-content Inmarsat in high orbit as revenues soar 18.4pc in strong third-quarter trading Tags: NULL whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img Monday 8 November 2010 8:43 pm More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp SATELLITE operator Inmarsat beat expectations with an 18.4 per cent rise in third quarter earnings, helped by growth in aeronautical and leasing services and by an improvement in maritime, its largest sector.The company, which provides voice and data services to shipping, aircraft and remote locations worldwide, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $189.5m (£1.17m) on group revenue of $308.8m.Revenue, excluding a contribution from its Stratos broadband business, was $201.2m, up 13.9 percent.Chief executive Andrew Sukawaty said yesterday that the result kept the group on track for a good result for the year.The number of the group’s terminals on ships rose 5.8 per cent, and it said it was adding maritime broadband services at the rate of more than 2,000 a quarter.An expanded agreement with AP Moller Maersk, the world’s largest container-shipping line, would contribute before the end of the year, he said.Its aeronautic services recorded the strongest growth, up 38 per cent, with the vast majority still coming from its traditional government and large business jet customers, Sukawaty said. Emirates Airline, however, uses Inmarsat’s network to provide services on its flights, Sukawaty said. last_img read more

Morgan Stanley sues Peak Ridge

first_img Share KCS-content Morgan Stanley yesterday sued Peak Ridge Capital Group’s commodities hedge fund, alleging that the fund failed to cover more than $40m in losses stemming from bad bets on natural gas.Morgan Stanley contends it suffered the losses in connection with the Peak Ridge Commodities Volatility Master Fund, after Peak Ridge failed to maintain proper margin requirements and went into default. The lawsuit, filed in the US, said Morgan Stanley had tripled the margin requirements for Peak Ridge over just 10 months. whatsapp whatsapp Show Comments ▼center_img Monday 8 November 2010 9:47 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Morgan Stanley sues Peak Ridge Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoGloriousaCouple Had Their Home Demolished Because Of ThisGloriousaUndo Tags: NULLlast_img read more

US wholesale prices fall as output falters

first_img Show Comments ▼ Share Tuesday 16 November 2010 9:04 pm KCS-content whatsappcenter_img CORE US producer prices recorded their largest fall in more than four years in October and industrial output was flat, underscoring concerns at the Federal Reserve about low inflation amid moderate economic growth.Economists said the data supported the US central bank’s 3 November decision to ease monetary policy further even if the 0.6 per cent drop in the core Producer Price Index largely reflected the annual launch of new motor vehicle models.Stripping out the sharp declines in vehicle prices, core producer prices – which exclude volatile food and energy costs – would have risen by 0.2 per cent, the Labor Department said yesterday, a modest gain consistent with the economy’s sluggish growth trend and tepid domestic demand.The overall decline in the core index was the biggest since July 2006 and followed a 0.1 per cent gain in September. A similar increase had been expected in October.Concerns that low inflation could spiral into a damaging phase of deflation prompted the US central bank this month to ease monetary policy further, a step that will see it buy $600bn worth of government bonds through the middle of 2011.That measure has been criticised by some economists, amid signs that the recovery is regaining some strength after losing momentum in the summer.Despite brighter signs, soft demand is forcing retailers to continue with price discounting to lure customers.A separate report from the Fed showed industrial production was flat last month, short of economists’ expectations for a rise of 0.3 per cent, largely because of weak utility output that reflected unusually warm weather. But manufacturing production rose 0.5 per cent, its biggest gain since July.Economists do not expect the distortions from the annual introduction of new vehicle models to spill over into data on consumer inflation, which is due today. Core consumer prices are expected to have edged up 0.1 per cent after being flat in September.The core PPI was depressed by a 4.3 per cent drop in the price of light motor trucks and a three per cent drop in prices for passenger cars. whatsapp US wholesale prices fall as output falters Tags: NULLlast_img read more

Slump in Japanese exports to harm GDP growth as inflation falls again

first_img whatsapp Slump in Japanese exports to harm GDP growth as inflation falls again Thursday 25 November 2010 7:56 pm whatsapp Show Comments ▼ Share JAPAN’S export market stalled in October, failing to grow on the previous month, it was announced yesterday.Compared to October 2009 Japanese exports grew 7.8 per cent, yet this was below the Bloomberg median projection of 10.7 per cent – and far weaker than September’s year-on-year growth of 14.3 per cent.Year-on-year improvements peaked in February, hitting a staggering 45.3 per cent. Rates of growth have been decelerating since – making October the eighth consecutive month in which export growth has decelerated. As exports fell, imports rose, growing by 8.7 per cent on the previous year, and 0.7 per cent on September. Exports fell to both of Japan’s key trading partners, China and the US. Yet the most drastic decline came in exports to the European Union. In September exports to the region increased by 11.2 per cent, yet last month they actually fell, recording a rate of -1.2 per cent.The decline could continue, and have a negative effect on Japanese GDP, according to observers. Kyohei Morita and Yuichiro Nagai of Barclays Capital Research “look for a decline in the fourth quarter as a whole. We believe exports – together with private consumption – will cause real GDP to contract during that period,” they added.Meanwhile, data yesterday revealed that Japan’s core consumer prices fell 0.6 per cent in October from a year earlier, down for the 20th consecutive month, pointing to persistent deflation. center_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndo KCS-content Tags: NULLlast_img read more

Bernstein: I need to see a plan for JJB

first_img RICHARD Bernstein, a director of JJB Sports’ second biggest shareholder, needs to be convinced that the firm has a viable recovery plan before he will stump up for his share of a planned £100m rescue rights issue, he told City A.M. yesterday. “We’re looking to put in money if we were asked, provided there’s a credible plan,” he said. Bernstein’s Crystal Amber Asset Management, which owns 15.8 per cent of JJB Group, has also demanded a seat on the board of the troubled sports retailer in order to steer it towards recovery.Others said to be considering their options over the rights issue include JJB’s biggest investor Harris Associates, which owns 20 per cent of the stock, and the Bill and Melinda Gates Foundation, which owns five per cent. JJB released a statement on Friday announcing that it is likely to breach its £25m financial covenant with the Bank of Scotland at its next test in January.Its most recent financial statement puts net debt at £16.6m and while sales are up 13 per cent on last year the increase has been by less than anticipated, in part due to the bad weather.The group has also had to contend with investigations by the Financial Services Authority and the Serious Fraud Office, contributing to a halving of its share price since early November. Share Show Comments ▼ KCS-content Bernstein: I need to see a plan for JJB whatsapp whatsappcenter_img Sunday 5 December 2010 10:51 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Tags: NULLlast_img read more

Hedge accounting rules change

first_img The International Accounting Standards Board has announced plans to revolutionise hedge accounting for financial instruments by brushing aside existing rules and introducing a set of core principles instead. IASB chairman Sir David Tweedie said the changes, announced yesterday, would add simplicity to hedge accounting, while allowing for more easily identifiable risk management. Accountancy body ICAEW cautiously welcomed the new proposals – saying they might be an improvement but they were incomplete. ICAEW’s Dr Nigel Sleigh-Johnson said: “The very detailed and specific rules in the current standard made hedge accounting very difficult. It was hard for companies to explain their strategies and for users of financial reports to understand how the hedge accounting results related to them.” Hedge accounting rules change More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalMisterStoryWoman files for divorce after seeing this photoMisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionGameday NewsNFL Hall Of Famers Who Probably Don’t Deserve To Be In CantonGameday NewsFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleMovie JewelExperts Draining Niagara Falls Never Expected This Dark DiscoveryMovie JewelMartha Stewart CBDFind All of Martha Stewart’s CBD Products HereMartha Stewart CBD KCS-content whatsappcenter_img Tags: NULL Show Comments ▼ Share Thursday 9 December 2010 7:22 pm whatsapplast_img read more