IDENTIFYING THE POSSIBLE LIMITATIONS AND CHALLENGES FACED BY THE NON-BANKING FINANCIAL INSTITUTIONS (NBFI) ON IMPROVING THE DEMAND FOR PERSONAL LOANS
by Nulaim Nuwaiz
International Financial Reporting Standards (IFRS)AbhirajSingh67
Accounting for Managers
International Financial Reporting Standards(IFRS) – Meaning or Definitions
Frameworks for IFRS
Importance
Advantages & Disadvantages
Requirements of the IFRS
IDENTIFYING THE POSSIBLE LIMITATIONS AND CHALLENGES FACED BY THE NON-BANKING FINANCIAL INSTITUTIONS (NBFI) ON IMPROVING THE DEMAND FOR PERSONAL LOANS
by Nulaim Nuwaiz
International Financial Reporting Standards (IFRS)AbhirajSingh67
Accounting for Managers
International Financial Reporting Standards(IFRS) – Meaning or Definitions
Frameworks for IFRS
Importance
Advantages & Disadvantages
Requirements of the IFRS
IFRS IND-AS (2014-2019) Application in IndiaGajveer Mahur
IFRS, Ind-AS 2014-2019 Application in Indian company, financial organisation
International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB).
You have heard it as rising cost of living,these imbalance in total supply of goods and services to rise in commodities, is analysed in Inflation Accounting.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
IFRS IND-AS (2014-2019) Application in IndiaGajveer Mahur
IFRS, Ind-AS 2014-2019 Application in Indian company, financial organisation
International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB).
You have heard it as rising cost of living,these imbalance in total supply of goods and services to rise in commodities, is analysed in Inflation Accounting.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/ZEcPAc
IFRS originated in the European Union, with the intention of making business affairs and accounts accessible across the continent. The idea quickly spread globally, as a common language allowed greater communication worldwide.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
2. Japan
It is an island country in East Asia. It has total of 6852 island.
Japan is constitutional monarchy and sovereign state whereby power
of the Emperor is limited. Executive power is wielded chiefly by the
Prime Minister and his cabinet, while sovereignty is vested in the
Japanese people.
Japan is the 3rd Largest national economy in the world, after the
United States and China, in terms of nominal GDP, and 4th largest
national economy.
Popular Cities – Tokyo, Kawasaki, Yokohama etc.
Stock Exchange - Nikkei 225
Language – Japanese
National Sports - Sumo
3. Standard Setting Body
Accounting Standards Board of Japan (ASBJ), under the auspices of the Financial
Accounting Standards Foundation (FASF) is responsible for the development and
deliberation of accounting standards in Japan.
ASBJ is a private sector independent accounting standard-setting board which also
contributes to the development and improvement of international accounting standards.
Accounting standards set by the ASBJ are subject to endorsement by the Financial
Services Agency (FSA), a Japanese government agency.
4. Financial statements are prepared, in principle, in accordance with accounting
principles generally accepted in Japan (J GAAP) as issued by the ASBJ.
For consolidated financial statements of listed companies, use of IFRS Standards
('Designated IFRS'), Japan's Modified International Standards (JMIS) and US GAAP
is also permitted.
JMIS are the new set of accounting standards inaugurated by ASBJ in 2015 and
developed based on the endorsement process of accounting standards and
interpretations issued by the International Accounting Standards Board (IASB). With
the introduction of JMIS, there are four accounting frameworks that the listed
companies in Japan may use, but the voluntary application of IFRS Standards is
continuously expanding.
5. IFRS adoption in Japan
• Since 2010, companies that meet certain criteria have been permitted to voluntarily apply
IFRS Standards for consolidated financial statements in Japan.
• In 2013, the FSA revised its Cabinet Office Ordinances and eliminated certain requirements
in order to enhance further application of IFRS Standards in Japan.
Under the current regulation, a company may voluntarily use IFRS Standards if it meets the
following criteria:
The company discloses, in its Annual Securities Report, information regarding specific efforts
to ensure that the consolidated financial statements will be prepared in accordance with
'Designated IFRS'; and
The company allocates executives or employees with ample knowledge about 'Designated
IFRS', and puts in place a structure to ensure that the consolidated financial statements will be
prepared properly in accordance with Designated IFRS.
'Designated IFRS' is a set of IFRS Standards that have been designated by the Commissioner of
the FSA. Each IFRS standard is made effective through the formal process of endorsement.
6. Japanese GAAP
Japanese generally accepted accounting principles (GAAP) are one of the four sets of
accounting standards listed companies in Japan can currently choose to use to file their
consolidated financial statements. The other three sets of accounting standards are
Designated IFRS, U.S. GAAP, and Japan’s Modified International Standards (JMIS).
The ASBJ develops Accounting Standards in accordance with the “Rules on the Due Process
for the Development of Japanese GAAP and Japan’s Modified International Standards”
(hereinafter referred to as the “Due Process Rules”) set out by the Financial Accounting
Standards Foundation (FASF).
7. Standards Issued by the ASBJ
The types of Accounting Standards issued by the ASBJ after following the Due Process Rules
can be classified as follows:
Accounting Standards Basic rules underlying the accounting and disclosures
Implementation
Guidance
Interpretations of Accounting Standards and practical guidance
when applying Accounting Standards
Practical Solutions Tentative treatment for areas where Accounting Standards do
not exist and practical treatment for areas where there is urgent
need for guidance
8. Japan’s Modified International Standards (JMIS)
Accounting Standards Comprising IFRSs and the ASBJ Modifications are one of the four
sets of accounting standards listed companies in Japan can currently choose to use to file
their consolidated financial statements. JMIS comprise IFRSs as issued by the IASB and
ASBJ Modification Standards.
Currently, there are two Modification Standards:
ASBJ Modification Standard No.1 “Accounting for Goodwill”
ASBJ Modification Standard No.2 “Accounting for Other Comprehensive Income”