Art of the covenants

Article Abstract:

The impact of introducing International Financial Reporting Standards in financial services and balance sheets is discussed. According to the standards, financiers and borrowers have to give close attention to terms of borrowing that are based on balance sheet measurements.

author: Rawlings, Nicle
Product standards, safety, & recalls, Reporting & Disclosure, Standards, Analysis, Financial statements

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CPA Australia strikes back at PI insurers

Article Abstract:

Accounting practices are struggling to meet the extraordinary increases in premiums set by insurers. During 2002-2003 many members experienced difficulties in renewing their policies as policy renewal for members professional indemnity(PI) was at its peak.

author: Chang, Kathy
Influence, Demonstrations and protests, Beliefs, opinions and attitudes, Accounting, Liability insurance, Accounting procedures

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Legislation improves investor advice

Article Abstract:

According to a report published by CPA Australia, there is a marked improvement in the advice offered to investors in Australia, thanks to the Financial Services Reform Act.

Government expenditures, Government domestic functions, Investment advice, Investment Advisory Services, Professional Organizations, Professional Membership Assns, Reports, Economic policy, Investment advisers, Trade and professional associations, Professional associations, Domestic policy

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subjects list: Australia, Laws, regulations and rules, Financial services industry, Financial services, Government regulation
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