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International Financial Reporting Standards: The Basics – Webinar GlobalCompliancePanel

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Financial Reports

Global Financial Stability Report Analytical Chapters Press Conference

Financial Reports

International Monetary Fund’s Laura Kodres (2nd R), Assistant Director, Monetary and Capital Markets Department ,S. Erik Oppers (L), Deputy Chief and Lead Author of Chapter 2, Global Financial Stability Division Srobona Mitra (2nd L), Senior Economist and Lead Author of Chapter 3, Global Financial Stability Division and Andreas Adriano (R) , Senior Press Officer, External Relations Department attend the Global Financial Stability Report Analytical Chapters Press Conference September 13, 2011 at the IMF Headquarters in Washington, DC. IMF Photograph/Stephen Jaffe

International Financial Reporting Standards: The Basics – Webinar GlobalCompliancePanel

Article by Mike Morley

Overview: Where business is concerned the world is becoming a smaller place.

Trade boundaries are disappearing, and many companies have subsidiaries around the world. Multi-national corporations needed a simpler way to put together their consolidated financial statements. Already Australia, most of Europe, and many other countries have adopted International Financial Reporting Standards. Canadian companies are in the midst of the changeover and the U.S. has begun the process. Are you ready for these changes?

Why should you attend: If you are an accounting professional you need to become familiar with exactly what these new International Financial Reporting Standards consist of, and what these changes mean for companies.

Areas Covered in the Session:

* GAAP vs. IFRS * What will change * What will not change * Who needs to comply * The four key principles of IFRS * How disclosure requirements will change * The new rules for assigning values to assets * The deadlines for adoption * How IFRS will affect SOX compliance * How these changes will benefit everyone

Who Will Benefit:

* Auditors * Accountants * Financial Managers * Financial Controllers * Company Executives * Anyone involved in the IFRS compliance process

Overview: Where business is concerned the world is becoming a smaller place.

Trade boundaries are disappearing, and many companies have subsidiaries around the world. Multi-national corporations needed a simpler way to put together their consolidated financial statements. Already Australia, most of Europe, and many other countries have adopted International Financial Reporting Standards. Canadian companies are in the midst of the changeover and the U.S. has begun the process. Are you ready for these changes?

Why should you attend: If you are an accounting professional you need to become familiar with exactly what these new International Financial Reporting Standards consist of, and what these changes mean for companies.

Areas Covered in the Session:

* GAAP vs. IFRS * What will change * What will not change * Who needs to comply * The four key principles of IFRS * How disclosure requirements will change * The new rules for assigning values to assets * The deadlines for adoption * How IFRS will affect SOX compliance * How these changes will benefit everyone

Who Will Benefit:

* Auditors * Accountants * Financial Managers * Financial Controllers * Company Executives * Anyone involved in the IFRS compliance process

America’s Financial Vietnam: Max Keiser Reports 1/2

Cincinnati Financial Reports in Line
Financial Reports
Cincinnati Financial Corp. (CINF – Analyst Report) has reported third quarter 2011 operating earnings of 13 cents per share, in line with the Zacks Consensus Estimate, but down 62% year over year. Year-over-year earnings declined due to high

Financial Reports question by Leon: What Christian Churches in America give financial reports to its members?
Most Churches in America have annual church meetings and sometimes they will provide members with financial reports on the condition of the church.

Financial Reports best answer:

Answer by Zut alors!
Who knows. I’ve never heard of a church that doesn’t share it’s financial information with the congregation (except the Catholic church, which doesn’t divulge the spending habits of the vatican, just the local parish. Pitty.). But then, I live in Canada.


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