XBRL25 held in Yokohama, Japan covered all of the latest developments and trends in using XBRL. Highlights of the conference were to improve the efficiency and quality of business reporting.
Here’s what we had to offer.
Second wave benefit of xbrl liv watson brian mc_guireWorkiva
Although XBRL is broadly hailed as revolutionary, its
adoption has been more evolutionary in its incremental
standards development and almost stationary in its
implementation
DealMarket DIGEST Issue 173 // 20 February 2015CAR FOR YOU
The document summarizes several news articles related to private equity:
1) Large pension funds are reducing the number of private equity fund managers in their portfolios and keeping fees low. CalPERS reduced its PE relationships from 300 to around 150 managers.
2) Private equity could improve its reporting of returns and relationship with investors by learning lessons from impact investors, who use both qualitative and quantitative measures.
3) The top locations for "unicorn" startup companies valued over $1 billion are now Beijing, New York, Stockholm, Berlin, Los Angeles, and London, rather than just Silicon Valley.
4) A footwear publication says the industry is ripe for deals, as brand names like Reebok
Deal market digest issue 83_15 february 2013CAR FOR YOU
This summary provides the key information from the document in 3 sentences:
The document is a weekly digest from DealMarket that summarizes notable private equity news from the past week. It covers topics like corporate venturing growing in importance, predictions for the clean energy sector in 2013, secondary market deals increasing globally, technology M&A trends for 2013, and potential large buyout deals. It also provides data on private equity fundraising in emerging markets and a quote of the week about the wine industry from an industry report.
DealMarket DIGEST Issue 170 // 30 January 2015CAR FOR YOU
The document provides a summary of recent news and events in the private equity industry:
1) The Korea Investment Corp plans to double its allocation to alternative assets like private equity from 8% to 20% of its portfolio, focusing on developed markets like the US and Europe. It also aims to expand its internal research team to make more direct investments.
2) A growing trend sees employee stock ownership plans (ESOPs) combining with private equity firms to facilitate management or employee buyouts of mid-sized companies.
3) A survey of top performing stocks over the past 15 years found they were from a diverse range of growing companies, not just tech, including a coffee company and kitchen equipment maker.
This document discusses agile transformations and provides guidance on successfully implementing agile practices within an organization. It addresses the differences between agile adoption and transformation, what it means to be "agile", managing expectations, and key success practices. Barriers to transformation are outlined, along with case studies of challenges experienced and recommendations provided. The presentation concludes by discussing the paradigm shift required and outlining phases of agile adoption.
Haptics is the technology that adds the sense of touch to virtual environments. It allows users to feel virtual objects through haptic devices that provide tactile and force feedback. Haptics has applications in gaming, virtual reality, virtual surgery, and more. Some examples of haptic devices include the Phantom device, CyberGrasp, and exoskeletons. While haptics enhances virtual experiences, it also has disadvantages like high costs and technical challenges.
Xbrl In Plain English Ima 111709 Finalodanilevitch
XBRL is a computer language based on XML that allows business reporting information to be reused and repurposed on the internet. It enhances the ability to compare information across entities. The SEC requires public companies to submit financial statements and reports in XBRL format on a phased-in schedule beginning in 2009. Filing in XBRL allows information to be interactive, intelligent data on the internet and cheaper for investors to use. Companies can outsource the XBRL filing process or do it in-house using XBRL software tools.
Second wave benefit of xbrl liv watson brian mc_guireWorkiva
Although XBRL is broadly hailed as revolutionary, its
adoption has been more evolutionary in its incremental
standards development and almost stationary in its
implementation
DealMarket DIGEST Issue 173 // 20 February 2015CAR FOR YOU
The document summarizes several news articles related to private equity:
1) Large pension funds are reducing the number of private equity fund managers in their portfolios and keeping fees low. CalPERS reduced its PE relationships from 300 to around 150 managers.
2) Private equity could improve its reporting of returns and relationship with investors by learning lessons from impact investors, who use both qualitative and quantitative measures.
3) The top locations for "unicorn" startup companies valued over $1 billion are now Beijing, New York, Stockholm, Berlin, Los Angeles, and London, rather than just Silicon Valley.
4) A footwear publication says the industry is ripe for deals, as brand names like Reebok
Deal market digest issue 83_15 february 2013CAR FOR YOU
This summary provides the key information from the document in 3 sentences:
The document is a weekly digest from DealMarket that summarizes notable private equity news from the past week. It covers topics like corporate venturing growing in importance, predictions for the clean energy sector in 2013, secondary market deals increasing globally, technology M&A trends for 2013, and potential large buyout deals. It also provides data on private equity fundraising in emerging markets and a quote of the week about the wine industry from an industry report.
DealMarket DIGEST Issue 170 // 30 January 2015CAR FOR YOU
The document provides a summary of recent news and events in the private equity industry:
1) The Korea Investment Corp plans to double its allocation to alternative assets like private equity from 8% to 20% of its portfolio, focusing on developed markets like the US and Europe. It also aims to expand its internal research team to make more direct investments.
2) A growing trend sees employee stock ownership plans (ESOPs) combining with private equity firms to facilitate management or employee buyouts of mid-sized companies.
3) A survey of top performing stocks over the past 15 years found they were from a diverse range of growing companies, not just tech, including a coffee company and kitchen equipment maker.
This document discusses agile transformations and provides guidance on successfully implementing agile practices within an organization. It addresses the differences between agile adoption and transformation, what it means to be "agile", managing expectations, and key success practices. Barriers to transformation are outlined, along with case studies of challenges experienced and recommendations provided. The presentation concludes by discussing the paradigm shift required and outlining phases of agile adoption.
Haptics is the technology that adds the sense of touch to virtual environments. It allows users to feel virtual objects through haptic devices that provide tactile and force feedback. Haptics has applications in gaming, virtual reality, virtual surgery, and more. Some examples of haptic devices include the Phantom device, CyberGrasp, and exoskeletons. While haptics enhances virtual experiences, it also has disadvantages like high costs and technical challenges.
Xbrl In Plain English Ima 111709 Finalodanilevitch
XBRL is a computer language based on XML that allows business reporting information to be reused and repurposed on the internet. It enhances the ability to compare information across entities. The SEC requires public companies to submit financial statements and reports in XBRL format on a phased-in schedule beginning in 2009. Filing in XBRL allows information to be interactive, intelligent data on the internet and cheaper for investors to use. Companies can outsource the XBRL filing process or do it in-house using XBRL software tools.
Xbrl the future of financial reporting by ca. nirmal ghorawatNirmal Ghorawat
This document provides an introduction to XBRL (eXtensible Business Reporting Language) and its benefits. It discusses that XBRL allows for automated processing of business information through tagging individual data items, reducing errors and manual work. XBRL development is led by XBRL International consortium. The document also notes that India has mandated filing of annual reports for specified companies using XBRL, and that XBRL adoption is growing worldwide for financial reporting.
The document discusses Singapore's transition to using XBRL (eXtensible Business Reporting Language) for collecting and distributing business financial reporting data. Key points include:
- All Singapore companies will be required to file financial statements in XBRL format starting in 2007, bringing efficiencies to financial data extraction and reporting.
- XBRL will transform business data collection by facilitating automated, standardized extraction and comparison of financial information from company filings.
- It will also transform data distribution by powering analytical tools that provide interactive, value-added access to company financials and industry trends for various stakeholders.
- Benefits include streamlining financial supply chains, facilitating regulatory work, and paving the way
The document discusses Singapore's experience with adopting eXtensible Business Reporting Language (XBRL) for financial reporting. It provides an overview of Singapore's financial reporting process and the objectives of adopting XBRL, which include improving access to company financial data, reducing duplicative reporting requirements, and facilitating regulatory business reporting. It describes Singapore's approach to mandating XBRL filing, which includes a small initial taxonomy, options for partial or full XBRL filing, and providing a free XBRL preparation tool. The benefits of adopting XBRL are said to include streamlining financial information supply chains, enabling more value-added activities by information resellers, and providing interactive financial data to users. Future plans include unlocking
The document discusses Singapore's experience with adopting eXtensible Business Reporting Language (XBRL) for financial reporting. It provides an overview of Singapore's financial reporting process and the objectives of adopting XBRL, which include improving access to company data, reducing duplicative reporting, and facilitating regulatory business reporting. It describes Singapore's approach to mandating XBRL filing, which took a soft approach to encourage buy-in by providing a small taxonomy and free XBRL preparation tool. The benefits of adopting XBRL are said to include streamlining inefficiencies in supplying financial information and enabling more value-added analysis of company and industry data. Future plans include unlocking greater potential for business-to-business, government-
The document summarizes research on investors' perceptions of assurance on XBRL financial statements. It discusses 7 cases studied, including standard audit reports with and without mention of XBRL and separate reasonable and limited assurance reports on XBRL. Experiments were conducted with investors in the US and Netherlands. Results showed that investors preferred a standard audit report with inclusion of XBRL or a separate reasonable assurance report on XBRL to other cases with limited or no assurance on XBRL.
XBRL is becoming a global standard for exchanging business data and financial reports. It provides a common format for structured financial information that allows for consistent analysis and data sharing. The document discusses the history and development of XBRL, including the creation of taxonomies for US GAAP and IFRS financial reporting. It also outlines the current and potential future uses of XBRL by regulators, governments, and organizations around the world to modernize financial reporting and analysis.
This document discusses the benefits of using XBRL (eXtensible Business Reporting Language) for financial reporting. It notes that XBRL provides a common electronic format for business reporting, improves data quality through validation checks, and enables quick data analysis. The key benefits of XBRL include reducing costs by automating tasks, facilitating electronic information exchange, and shifting the focus to data analysis. Regulators, auditors, analysts and investors are among the main beneficiaries of XBRL data. The Ministry of Corporate Affairs in India has mandated that listed and large companies file financial statements in XBRL format.
This document discusses the benefits of using XBRL (eXtensible Business Reporting Language) for financial reporting. It notes that XBRL provides a common electronic format for business reporting, improves data quality through validation checks, and enables quick data analysis. The key benefits of XBRL include reducing costs by automating tasks, facilitating electronic information exchange, and shifting the focus to data analysis. Regulators, auditors, analysts and investors are among the main beneficiaries of XBRL data. The Ministry of Corporate Affairs in India has mandated that listed and large companies file financial statements in XBRL format.
The document provides an overview of XBRL (eXtensible Business Reporting Language) fundamentals. It discusses how XBRL extends XML to link financial data with definitions, presentations, calculations and relationships. The key components of an XBRL taxonomy include the schema, which defines financial terms and attributes, and linkbases, which define interrelationships between terms. An XBRL taxonomy provides a systematic classification of business and financial terms to facilitate understanding, reuse, and comparison of financial data.
This document discusses eXtensible Business Reporting Language (XBRL). It begins with an agenda for the presentation. It then defines XBRL as a global standard for digital business reporting that connects financial reporting to the internet. It highlights features like unique tags for financial data, cost savings, and improved analysis. The document discusses how XBRL benefits investors and analysts by providing context and making data more granular. It provides timelines of XBRL adoption in the US and India, including mandatory filings. Finally, it lists some taxonomies developed for business reporting in India.
XBRL (eXtensible Business Reporting Language) is a standard for electronic communication of business and financial data that addresses issues with traditional manual financial reporting processes. It allows companies to produce reports more quickly and accurately according to a common global standard. XBRL works by applying standardized "tags" to each item in a financial report to identify what it represents and how it relates to other items, like barcodes. This allows for faster and more efficient retrieval and comparison of financial data.
What is XBRL? How is it different than XML? Who is using it today? With the United States Securities and Exchange Commission (SEC) mandating it; stock exchanges around the world using it; and official support from the European Parliament as well as governments of the Netherlands, Australia, Japan and China--the Extensible Business Reporting Language (XBRL) can certainly be considered a global standard for business reporting. In this webcast, These are the slides from teh webcast by Charlie Hoffman, the father of XBRL and Steve Levine, To view the recorded webcast, go to http://www.youtube.com/watch?v=MW-L8evKD2Y&feature=channel_page
This document discusses some advanced concepts relating to XBRL, including:
1. Extensibility mechanisms that allow users to customize XBRL taxonomies.
2. The Link Role Registry which standardizes metadata in XBRL documents.
3. The Generic Linkbase specification which provides a standard way to create linkbases and attach labels in multiple languages.
4. Issues around calculations, storage, and archiving of XBRL information over many years as taxonomies and specifications change.
Value proposition for use of xbrl in the business reporting supply chain li...Workiva
XBRL provides a common platform for business reporting that can increase efficiency and reduce costs across the business reporting supply chain. It addresses long-standing problems with inconsistent labeling, analysis of information between applications, and human error. The value proposition whitepaper outlines how XBRL benefits various participants in the supply chain, including companies, investors, software vendors, and regulators.
Discover the wealth of accounting information packed into the US GAAP XBRL taxonomy. This PP will show you free ways to tap into the best available accounting reference service ever!
The Maryland Association of CPAs implemented XBRL to tag their financial and membership data which allowed them to more easily extract and analyze information from their accounting systems. They mapped their data from different sources like their membership database and Microsoft Dynamics into a common XBRL taxonomy. This provided benefits like faster reporting, reduced manual work, and deeper analytics capabilities by having financial data connected and available at different levels of detail.
XBRL Factor: Extensible Business Reporting Language is HereBusiness Wire
Still confused about XBRL? Not quite sure what the "X" factor is all about or when to extend? Join us for this session which should clear the air on these points as well as provide a briefing on the SEC requirements of XBRL--Extensible Business Reporting Language, which the SEC has mandated. We'll share the lessons learned from the first filers and offer tips on what you should be doing now.
The SEC's XBRL mandate, the mechanics of tagging, and the basics of XBRL taxonomy will be covered--and we'll leave plenty of time to answer your questions.
If you're responsible for the financial reporting of your company or work in investor relations or communications for a public company, you won't want to miss this FREE webinar.
The document discusses the SEC's new requirement for public companies to submit financial statements and other reports in XBRL format. It provides an overview of what XBRL is, how it works by tagging financial data using standardized elements defined in taxonomies, and the benefits it provides by making financial data easily readable by computers. The SEC rule requires affected public companies to submit XBRL-formatted financial statements and other information as exhibits to certain filings, and to post this information on their websites. The requirements will be phased in over three years beginning in 2009.
XBRL is a standardized language used to communicate business and financial data. It provides benefits like cost savings, greater efficiency and improved accuracy. XBRL documents filed by companies should include information from their annual reports like the balance sheet, profit and loss statement, cash flow statement, and notes to accounts. Applicable companies are those listed in India, their subsidiaries, and companies with a paid up capital over Rs. 5 Crore or turnover over Rs. 100 crore. XBRL works by using a taxonomy to define reporting elements, which companies then use to generate a valid XBRL instance document mapping their financial data.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Xbrl the future of financial reporting by ca. nirmal ghorawatNirmal Ghorawat
This document provides an introduction to XBRL (eXtensible Business Reporting Language) and its benefits. It discusses that XBRL allows for automated processing of business information through tagging individual data items, reducing errors and manual work. XBRL development is led by XBRL International consortium. The document also notes that India has mandated filing of annual reports for specified companies using XBRL, and that XBRL adoption is growing worldwide for financial reporting.
The document discusses Singapore's transition to using XBRL (eXtensible Business Reporting Language) for collecting and distributing business financial reporting data. Key points include:
- All Singapore companies will be required to file financial statements in XBRL format starting in 2007, bringing efficiencies to financial data extraction and reporting.
- XBRL will transform business data collection by facilitating automated, standardized extraction and comparison of financial information from company filings.
- It will also transform data distribution by powering analytical tools that provide interactive, value-added access to company financials and industry trends for various stakeholders.
- Benefits include streamlining financial supply chains, facilitating regulatory work, and paving the way
The document discusses Singapore's experience with adopting eXtensible Business Reporting Language (XBRL) for financial reporting. It provides an overview of Singapore's financial reporting process and the objectives of adopting XBRL, which include improving access to company financial data, reducing duplicative reporting requirements, and facilitating regulatory business reporting. It describes Singapore's approach to mandating XBRL filing, which includes a small initial taxonomy, options for partial or full XBRL filing, and providing a free XBRL preparation tool. The benefits of adopting XBRL are said to include streamlining financial information supply chains, enabling more value-added activities by information resellers, and providing interactive financial data to users. Future plans include unlocking
The document discusses Singapore's experience with adopting eXtensible Business Reporting Language (XBRL) for financial reporting. It provides an overview of Singapore's financial reporting process and the objectives of adopting XBRL, which include improving access to company data, reducing duplicative reporting, and facilitating regulatory business reporting. It describes Singapore's approach to mandating XBRL filing, which took a soft approach to encourage buy-in by providing a small taxonomy and free XBRL preparation tool. The benefits of adopting XBRL are said to include streamlining inefficiencies in supplying financial information and enabling more value-added analysis of company and industry data. Future plans include unlocking greater potential for business-to-business, government-
The document summarizes research on investors' perceptions of assurance on XBRL financial statements. It discusses 7 cases studied, including standard audit reports with and without mention of XBRL and separate reasonable and limited assurance reports on XBRL. Experiments were conducted with investors in the US and Netherlands. Results showed that investors preferred a standard audit report with inclusion of XBRL or a separate reasonable assurance report on XBRL to other cases with limited or no assurance on XBRL.
XBRL is becoming a global standard for exchanging business data and financial reports. It provides a common format for structured financial information that allows for consistent analysis and data sharing. The document discusses the history and development of XBRL, including the creation of taxonomies for US GAAP and IFRS financial reporting. It also outlines the current and potential future uses of XBRL by regulators, governments, and organizations around the world to modernize financial reporting and analysis.
This document discusses the benefits of using XBRL (eXtensible Business Reporting Language) for financial reporting. It notes that XBRL provides a common electronic format for business reporting, improves data quality through validation checks, and enables quick data analysis. The key benefits of XBRL include reducing costs by automating tasks, facilitating electronic information exchange, and shifting the focus to data analysis. Regulators, auditors, analysts and investors are among the main beneficiaries of XBRL data. The Ministry of Corporate Affairs in India has mandated that listed and large companies file financial statements in XBRL format.
This document discusses the benefits of using XBRL (eXtensible Business Reporting Language) for financial reporting. It notes that XBRL provides a common electronic format for business reporting, improves data quality through validation checks, and enables quick data analysis. The key benefits of XBRL include reducing costs by automating tasks, facilitating electronic information exchange, and shifting the focus to data analysis. Regulators, auditors, analysts and investors are among the main beneficiaries of XBRL data. The Ministry of Corporate Affairs in India has mandated that listed and large companies file financial statements in XBRL format.
The document provides an overview of XBRL (eXtensible Business Reporting Language) fundamentals. It discusses how XBRL extends XML to link financial data with definitions, presentations, calculations and relationships. The key components of an XBRL taxonomy include the schema, which defines financial terms and attributes, and linkbases, which define interrelationships between terms. An XBRL taxonomy provides a systematic classification of business and financial terms to facilitate understanding, reuse, and comparison of financial data.
This document discusses eXtensible Business Reporting Language (XBRL). It begins with an agenda for the presentation. It then defines XBRL as a global standard for digital business reporting that connects financial reporting to the internet. It highlights features like unique tags for financial data, cost savings, and improved analysis. The document discusses how XBRL benefits investors and analysts by providing context and making data more granular. It provides timelines of XBRL adoption in the US and India, including mandatory filings. Finally, it lists some taxonomies developed for business reporting in India.
XBRL (eXtensible Business Reporting Language) is a standard for electronic communication of business and financial data that addresses issues with traditional manual financial reporting processes. It allows companies to produce reports more quickly and accurately according to a common global standard. XBRL works by applying standardized "tags" to each item in a financial report to identify what it represents and how it relates to other items, like barcodes. This allows for faster and more efficient retrieval and comparison of financial data.
What is XBRL? How is it different than XML? Who is using it today? With the United States Securities and Exchange Commission (SEC) mandating it; stock exchanges around the world using it; and official support from the European Parliament as well as governments of the Netherlands, Australia, Japan and China--the Extensible Business Reporting Language (XBRL) can certainly be considered a global standard for business reporting. In this webcast, These are the slides from teh webcast by Charlie Hoffman, the father of XBRL and Steve Levine, To view the recorded webcast, go to http://www.youtube.com/watch?v=MW-L8evKD2Y&feature=channel_page
This document discusses some advanced concepts relating to XBRL, including:
1. Extensibility mechanisms that allow users to customize XBRL taxonomies.
2. The Link Role Registry which standardizes metadata in XBRL documents.
3. The Generic Linkbase specification which provides a standard way to create linkbases and attach labels in multiple languages.
4. Issues around calculations, storage, and archiving of XBRL information over many years as taxonomies and specifications change.
Value proposition for use of xbrl in the business reporting supply chain li...Workiva
XBRL provides a common platform for business reporting that can increase efficiency and reduce costs across the business reporting supply chain. It addresses long-standing problems with inconsistent labeling, analysis of information between applications, and human error. The value proposition whitepaper outlines how XBRL benefits various participants in the supply chain, including companies, investors, software vendors, and regulators.
Discover the wealth of accounting information packed into the US GAAP XBRL taxonomy. This PP will show you free ways to tap into the best available accounting reference service ever!
The Maryland Association of CPAs implemented XBRL to tag their financial and membership data which allowed them to more easily extract and analyze information from their accounting systems. They mapped their data from different sources like their membership database and Microsoft Dynamics into a common XBRL taxonomy. This provided benefits like faster reporting, reduced manual work, and deeper analytics capabilities by having financial data connected and available at different levels of detail.
XBRL Factor: Extensible Business Reporting Language is HereBusiness Wire
Still confused about XBRL? Not quite sure what the "X" factor is all about or when to extend? Join us for this session which should clear the air on these points as well as provide a briefing on the SEC requirements of XBRL--Extensible Business Reporting Language, which the SEC has mandated. We'll share the lessons learned from the first filers and offer tips on what you should be doing now.
The SEC's XBRL mandate, the mechanics of tagging, and the basics of XBRL taxonomy will be covered--and we'll leave plenty of time to answer your questions.
If you're responsible for the financial reporting of your company or work in investor relations or communications for a public company, you won't want to miss this FREE webinar.
The document discusses the SEC's new requirement for public companies to submit financial statements and other reports in XBRL format. It provides an overview of what XBRL is, how it works by tagging financial data using standardized elements defined in taxonomies, and the benefits it provides by making financial data easily readable by computers. The SEC rule requires affected public companies to submit XBRL-formatted financial statements and other information as exhibits to certain filings, and to post this information on their websites. The requirements will be phased in over three years beginning in 2009.
XBRL is a standardized language used to communicate business and financial data. It provides benefits like cost savings, greater efficiency and improved accuracy. XBRL documents filed by companies should include information from their annual reports like the balance sheet, profit and loss statement, cash flow statement, and notes to accounts. Applicable companies are those listed in India, their subsidiaries, and companies with a paid up capital over Rs. 5 Crore or turnover over Rs. 100 crore. XBRL works by using a taxonomy to define reporting elements, which companies then use to generate a valid XBRL instance document mapping their financial data.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
3. But now its time to bite the bullet…
• XBRL is regulatory reporting
– If tomorrow the regulator stops demanding reports in XBRL format,
how many Enterprises would continue to adopt the standard?
• XBRL is too complex and technical
– How many Business users actually understand XBRL
• XBRL is actually an overhead to my existing data
– How many Business users actually feel that XBRL is adding value to
their business operations
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4. Organizations are Operating with Blind Spots!!
52% of users
don’t have confidence in their information
59% of managers
miss information they should have used
42% of managers
use wrong information at least once in a week
Sources: Accenture 2009 Managers Survey and AIIM 2010 Survey
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5. So is there is a business case when…
• XBRL goes beyond financial reporting
– Data is made available to business users on demand for business
decision making
• The myth around ‘XBRL’ being complex is dropped
– XBRL is just another way of structuring my data and there is nothing
technical about it
• XBRL ensures a greater trust in the data
– XBRL makes the data clean, consistent and contextual
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6. Making this work…
Analysis
REAL TIME
XBRL’ise
Financial Reports
GL Business Intelligence
AUTOMATED and Analytics
Dashboards
External files
Layer External
SCHEDULED
Internal
SOURCE DATA NORMALISED DATA CONSUMPTION
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7. How does GL help…
XBRL GL, the Global Ledger Framework can represent all ERP
detailed data; it’s much more than General ledger
• Ability to track data at a granular level
– Receivables
• By Party
• By Location
• By Value
• By Maturity Date
• Normalize data from multiple sources to a standard Chart of
Accounts
• Build traceability until the source
• Making data available for any BI tool to consume
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8. Accountants Integrated Engine (Beta Release)
End to end Financial Reporting Consolidation Multi GAAP Reporting
• Server based, Enterprise class edition
• Multi source data integration, ERP integration
• Configurable to company’s legal and organizational
structure
• Works with financial and non financial data, leverages
XBRL GL
• Add on modules for Financial consolidation and Multi
GAAP reporting
• BI integration for reporting and analytics
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