International Financial Reporting Standards (IFRS) try to smooth the immediate costs of writing new business across several years.
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On Wednesday, the organization said a review of the deal found the arrangements complied with ABC U.K.'s reporting standards for international publications.
Differences in police reporting standards, urban borders and economics can make it tricky to compare densely populated Detroit, say, with sprawling Houston.
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The industry's reporting standards may never become that conservative, but there is no doubt that Enron's demise has already raised the bar.
It is evidence that the debate among regulators over reporting standards is beginning to be resolved by the companies themselves, acting unilaterally.
The number, based on more stringent reporting standards than were previously in place, was more than double what the banks themselves had reported.
Four days earlier, Morphis took to Facebook to complain about the reporting standards of Sarbanes Oxley, legislation often criticized for burdening newly public companies.
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U., some of the U.S.' largest trading partners, including Canada, Australia and China, are moving closer to adopting the International Financial Reporting Standards (IFRS).
The NAO's Comptroller said he had also qualified his audit opinion because the department's accounting policies were not fully compliant with International Financial Reporting Standards.
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Still, ABC U.K. said it has decided to reassess the reporting standards governing such bulk-distribution deals to make sure they reflect industry requirements and provide proper clarity.
Obviously if the derivative assets were included in the balance sheet as they are under the International Financial Reporting Standards (IFRS) rules, the price-to-book ratio would be significantly lower.
Whereas a majority of continental companies with huge pension schemes already use international financial-reporting standards or similar American ones, lots of big British companies are in the process of switching standards.
On July 13th the staff of the Securities and Exchange Commission (SEC) released a long-awaited report on whether America should adopt international financial reporting standards (IFRS), which are accepted by over a hundred countries.
The prospects and desirability of convergence between U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) have been much debated, but the SEC has not yet decided whether and how to proceed.
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In 2010, UNESCO provided training to journalists in the Federally Administered Tribal Areas of Pakistan focusing on conflict reporting skills, ethical reporting standards, as well as safety and security of media workers in conflict zones.
Unaudited consolidated financial results, based on IFRS (International Financial Reporting Standards) for the quarter ending March 31, 2012, showed consolidated revenues of KRW 12.2 trillion (USD 10.8 billion) with an operating profit of KRW 448 billion (USD 396.1 million).
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T-Mobile USA results are included in the consolidated results of Deutsche Telekom, but differ from the information contained herein as, among other things, Deutsche Telekom reports financial results in Euros and in accordance with International Financial Reporting Standards (IFRS).
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Summary: Although convergence between US generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS) has been the subject of much debate and collaborative effort, it is still unclear when the US Securities and Exchange Commission (SEC) will make a determination about how to proceed, or what its final decision is likely to be.
They are raising the bar in the area of reporting and measurement standards.
One such initiative is IRIS (Impact Reporting and Investment Standards).
Comparing money managers can be difficult since they often use different standards in reporting.
To what extent do the media comply with the professional and ethical standards while reporting for different social and cultural groups?
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Additionally, there are no unified standards for reporting incidents at sea.
Walling says IBM has used the technology for its own diagnoses since 1991, and several years ago a vendor consortium called SMART developed uniform standards for reporting disk failures.
Ten years on, Lord Wakeham says the commission has raised standards of reporting and protected the vulnerable, resolving complaints more quickly than the courts could, at no cost to the complainants.
"Key elements of that robust regulatory regime must include conservative capital requirements, business conduct standards, reporting requirements and conservative requirements relating to initial margins on counterparty credit exposures, " the department added.
"Any industry that achieves high credibility across society has consistent standards for reporting outcomes so that a third party can judge whether you're doing a good job or not, " says Mike Alfred, chief executive of BrightScope.
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"Reported rates of suicide in other parts of India are low because identification of suicides is difficult, owing to inefficient civil registration systems, non-reporting deaths, variable standards in certifying deaths, and the legal and social consequences of suicide, " he says.
These strategies should help to improve the standards of investigative reporting in the region.
And, according to Senate reporting, they were lessening their standards to accommodate these institutions.
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