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Showing 1 - 10 of 19 results for "IFRS"

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... late to act," Hickin said. The Perpetual Business Intelligence Platform's other modules offer credit stress testing and the IFRS 9 global accounting standards for compliance. The credit stress testing module streamlines APRA reporting for financial service ...

New accounting standards put pressure on life insurers

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... slightly behind their global counterparts when it comes to commencing and implementing their transition to the requirements of IFRS 17. IFRS 17 sets our principles for measuring and disclosing insurance contracts. It leads to different ways of valuing ...

Reporting overhaul to hit insurer profits

KARREN VERGARA  |  MONDAY, 22 MAY 2017
... global accounting standard overhauling how premiums and claims are reported. Under new international accounting standard IFRS 17 Insurance Contracts, a life insurance and reinsurance company will need to provide accurate estimates of premiums it expects ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
... principles as the Chinese banks. US banks report their financials under US GAAP, while the largest Chinese banks report under the IFRS accounting principle. Under US GAAP, banks report the net amount of derivative assets on their balance sheets, while ...

Less paperwork, less compliance risk: CCH

MATT WOODINGTON  |  FRIDAY, 25 MAR 2011
... statutory financial reports, reducing human error. It is also fully compliant with International Financial Reporting Standards (IFRS) and financial statements required by ASIC and the ASX. "A lot of regulatory bodies are now putting lots of focus around ...

Northern Trust expands reporting tools

MICHAEL HOBBS  |  MONDAY, 26 MAY 2008
... suite of new reports to collate information for clients that have adopted the International Financial Reporting Standards (IFRS). Thirdly, the firm has improved it reporting service to include disclosure on credit, interest rate and foreign currency ...

IIFA pledges global reporting standards

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
... associations, pledged to improve reporting standards after recognising the current International Financial Reporting Standards (IFRS) "do not presently provide a satisfactory basis for investment fund financial reporting." In a statement, the association ...

DB, healthcare costs blow out US valuations: AXA Rosenburg

... company financials are analysed impacts their true valuations and the true price that should be paid for their stocks. With IFRS phasing in around the world, the way companies and stock analysts factor in things like DB and healthcare funds and stock ...

Companies make smooth IFRS transition: ASIC

Australian companies have made a smooth transition to the Australian equivalent to IFRS, according to an ASIC review into the implementation of the new reporting standards. Jeffrey Lucy, chairman of ASIC, released ASIC's findings. "Transition to AIFRS ...

IFSA CEO pushes for IFRS changes

... played an important role in paving the way for potential changes to the new International Financial Reporting Standards (IFRS), reported in the Financial Standard yesterday. The Financial Standard reported on plans to re-open the debate over how assets ...
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