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By Himfr Tian
Financial institutions must analyze and study the profound changes in international accounting standards on business philosophy of financial, accounting, financial reporting, personnel training, and many of the financial regulatory system, seriously do the preparatory work.
“The current international financial situation has undergone great change, international finance and accounting areas are undergoing deep changes and adjustments. How to deal with current financial and accounting situation and how to further develop national or regional finance and accounting, to become the world’s various countries and areas and concerns facing. “vice chairman of the NPC Financial and Economic Committee, former vice president of the People’s Bank of China Wu Xiaoling Financial Accounting Society recently held its second seminar on cross-strait financial accounting is so said.
Round of the international financial crisis has exposed the existing international accounting standards, especially financial instruments accounting standards of the pro-cyclical phenomenon, and many other issues too complex, but also triggered the parties to the international accounting standards to improve the recognition should be timely. In response to the international financial crisis on the impact of accounting standards, International Accounting Standards Board, has also released a fair value after another, derecognition, impairment is expected to draft a series.
The seminar, experts said, a true and fair financial accounting information is not only conducive to micro-finance entities to make the right judgments and decisions, but also directly affect the macro-economic management functions of the play. The introduction of international accounting standards to improve our investment environment to attract foreign investment, and promote rapid economic growth created the conditions for stability, but how to use and play a positive role in international accounting standards, as China’s financial sector had to face problems.
Taiwan’s financial delegation, former president of Zhengding Wang National Chengchi University in Taiwan, said: “I hope the Chinese accounting profession to participate actively in the formulation of international accounting standards, rather than passively follow, should reflect on how to lead the development of international accounting standards to conform our needs, and to further enhance our domestic accounting standards. “
Seminar on Industrial and Commercial Bank of China Zhou Wei, deputy general manager of accounting department, said IAS Industrial and Commercial Bank produced changes in the fair value measurement on the reform of the reform of financial assets and financial assets for impairment model classification system and other aspects of the reform, which ICBC has brought financial and operational concept changes.
Deputy Secretary for Financial Accounting Society of China, China Banking Regulatory Commission, said Hu Yongkang, deputy director of accounting department, accounting standards reform has become an important international bank regulatory reform component. In recent years, China Banking Regulatory Commission to adapt to the reform and development requirements of accounting standards, and improve macro-prudential supervision, improve the provision for forward-looking provision, development of the dynamic nature of the provision provision provision for regulatory policy, accounting standards to eliminate loss model has the defect occurred. Strengthening the fair value of the prudential supervision by the banking supervision and improve the fair value of financial institutions, content management and control, strengthening of information disclosure to ensure the reliability of fair value and prudence. In addition, strengthening the external audit supervision and strict external audit small and medium banks access conditions, and promote improved audit quality.
However, the financial industry in response to changes in international accounting standards, there are many challenges Shihai. From the cross-strait securities, insurance and accounting firm representatives concluded that the fair value of the current access to and use the difficulty of surviving in the larger, provision for the impairment is also a lack of objective measurement basis. In addition, accounting standards, the existing tax law changes and some differences arise, making the accounting firm grasp of international accounting standards need to update the time; financial institutions also need the technology development, process improvement and staff training, pay a greater cost, that provide support for the implementation of new guidelines.
The experts and scholars also regulatory authorities and financial institutions how to adapt to requirements of international accounting standards recommendations: Financial institutions must be theoretical and technical aspects, a profound analysis and study of international accounting standards change on the financial enterprise management, accounting, financial reporting, personnel training, and many of the financial regulatory system, seriously do the preparatory work. As a regulator, the next step is to make preparations for theoretical research and analysis, positive response to the reform of accounting standards of China’s financial sector. Continue to study and improve the supervision of the financial accounting policies, on the one hand to ensure the effective implementation of the reform guidelines; the other hand, the prudent accounting standards to make up for possible deficiencies. Changes in accounting standards for an adjustment of the regulatory policies, promoting the sound operation of China’s financial industry. In addition, the need to strengthen financial regulators, accounting standard-setting department, tax department and financial communication and coordination between enterprises, monitoring standards and accounting standards to achieve positive interaction, tax regulations and accounting standards to achieve coordinated development.
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Monday, December 31, 2007
What would you tell your grandchildren about 2007 if they asked you about it in, let’s say, 20 year’s time? If the answer to a quiz question was 2007, what would the question be? The year that you first signed on to Facebook? The year Britney Spears and Amy Winehouse fell apart? The year author Kurt Vonnegut or mime Marcel Marceau died, both at 84?
Let’s take a look at some of the international stories of 2007. Links to the original Wikinews articles are in bold.
Aug
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This article is a prepared story. It describes an event that is scheduled or expected but has not yet occurred.If this article is ready to be developed, change the {{prepare}} tag to {{develop}} |
| This article is a prepared story. It describes an event that is scheduled or expected but has not yet occurred.If this article is ready to be developed, change the {{prepare}} tag to {{develop}} |
Friday, June 1, 2018
On Friday, the Sacramento, California County Superior Court in the United States, with Judge Michael Sweet presiding, publicly released approximately 123 heavily redacted pages from an 800 page document related to the trial of 72-year-old Joseph DeAngelo, in the Golden State Killer (GSK) case. The high-profile case prompted the defense to motion delaying the release on the grounds of jury tainting.
From 1974 to 1986, there were 12 murders, 45 rapes, and 120 burglaries ascribed to the GSK. Many of these crimes were initially attributed to separate suspects, and California investigators coined such nicknames as “East Area Rapist,” “Original Night-stalker,” “Visalli Ransacker,” and “Diamond Knot Killer.” All these identities were later determined to be the GSK. DeAngelo is currently being charged with first degree murder with special circumstances, and is being further investigated for the 1975 first degree murder of Claude Snelling.
GSK’s alleged victims include 18-year-old Janelle Lisa Cruz on May 4, 1986; 35-year-old Cheri Domingo on July 27, 1981; 27-year-old Greg Sanchez on July 27, 1981; 24-year-old Keith Harrington on August 21, 1975; 27-year-old Patti Harrington on August 21, 1975; 21-year-old Brian Maggiore on February 2, 1978; 20-year-old Katie Maggiore on February 2, 1978; 44-year-old Dr. Robert Offerman on December 30, 1979; 35-year-old Debra Manning on December 30, 1979; 35-year-old Lyman Smith on March 13, 1980; 33-year-old Charlene Smith on March 13, 1980; 45-year-old Claude Snelling on September 11, 1975; and 28-year-old Manuela Witthuhn on February 5, 1981.
Law enforcement used DNA and other evidence to link the twelve known murders attributed to the GSK to suspect DeAngelo. Any DNA from rape kits and burglaries that predates 1970 is only admissible in court for murder cases because of California’s statute of limitations. The DNA evidence allegedly implicating DeAngelo was not found through the Federal Bureau of Investigation (FBI)’s Combined DNA Index System (CODIS) database, which catalogs 20 sections of DNA from local, state, federal, and some international agencies making a unique profile for 16 million individuals, but CODIS did rule out other GSK suspects, like Paul “Cornfed” Schneider and Joe Alsip.
Instead, law enforcement used a nuance investigative technique, comparing GSK’s DNA profile against the open-sourced GEDmatch’s genealogical DNA database. The GEDmatch’s database flagged a GSK blood relative and, with other evidence, DeAngelo was suspected of being involved with GSK’s crimes. The genealogical website methodology is not unique to the GSK case. GEDmatch’s database was also used to identify 51-year-old William Earl Talbott II in the 1987 rape and homicide of Jay Cook (20) and Tanya Van Cuylenborg (18) in Seattle, Washington.
The newly released documents reveal DeAngelo’s DNA was not collected via a warrant but rather from the door handle of his personal vehicle as he was shopping in a local Hobby Lobby on April 18. A secondary sample was collected from a tissue found in the garbage on April 23. The door handle and tissue DNA were compared to a semen sample from a known GSK murder that had been confirmed using the CODIS’s 20 section DNA profile standard. On April 24, DeAngelo was arrested for the twelve GSK murders. A warrant for DeAngelo’s Citrus Heights, California residence disclosed dozens of wedding rings, photographs, driver’s licenses, and other objects allegedly taken from victims as trophies.
Public defender David Lynch, tasked with defending DeAngelo, motioned for the 800 documents to be sealed until trial to prevent the jury from becoming tainted. Lynch has also questioned the validity of certain search warrants for undisclosed reasons. Prosecutors from Sacramento, Ventura, Orange, and Santa Barbara counties have not determined the best way to prosecute DeAngelo considering the complexity, age, and multiple jurisdictions of the case.
DeAngelo was, until 1979, a police officer in small California towns. After allegedly stealing a hammer and dog repellent, DeAngelo was subsequently fired from the Auburn, California police force. He later became a truck mechanic near Sacramento.
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Thursday, July 14, 2005
A building being prepared for demolition collapsed this morning in New York‘s Upper West Side around 9 a.m. EDT. Five people are known to be injured from the accident, as well as one rescue worker who was injured in the aftermath. None of the injuries were life-threatening.
The building was a supermarket, which was being taken down to make room for a high-rise building, something that residents took issue with. The roof, front wall, and scaffolding all fell to the ground, as stated by Fire Commissioner Nicholas Scoppetta.
Soon after the incident at least 100 police and fire department personnel combed the wreckage for more victims, using search and rescue dogs to find people by scent. They quickly accounted for the twenty-five construction workers who were working on the supermarket. Most of the victims’ injuries were broken bones, including one person who broke all four extremities.
Subway lines 1, 2, and 3 have been closed or redirected in response, along with the M104 bus.
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byAlma Abell
Filing for Bankruptcy in Indianapolis, IN requires an in-depth understanding of these legal proceedings. First you must comprehend your options in order to select the correct avenue that is right for your financial circumstances. You should also evaluate the repercussions associated with each chapter to determine how this claim will affect you over the next few years.
Business Owners
Filing for Bankruptcy in Indianapolis, IN as a business owner provides you with two options. You may temporarily shut down your business while you pay off your debts through your bankruptcy claim. If this is not an appealing option you may choose a form of liquidation that allows you to pay your debts off by selling select business-related properties. Your selected attorney will provide information to you related to which properties are eligible for exclusion and may be protected through a bankruptcy claim.
Individual Claimants
When you make the decision to file as an individual-based bankruptcy, it is cause for a visit with your preferred bankruptcy attorney. Your attorney comprehends vital processes required to file an effective bankruptcy claim. He or she will walk you through each step to include determining which debts are eligible for discharge. The assigned judge will have the final say over which debts are discharged. However, your attorney can bring them to his or her attention through the bankruptcy claim.
Stopping the Harassment
Your attorney can contact your creditors on your behalf to notify them that you are filing for bankruptcy and that it is probable that the debt will be included. He or she may contact them via phone and through certified mail. This action will cease any collection calls to your home and office.
Summary
If you choose to file bankruptcy, you must evaluate all options before making a final decision. It is imperative that you ensure that you have selected the most beneficial chapter of bankruptcy as your claim will affect your life and finances for years to come. This is where an attorney who practices within this law field is most beneficial. If you have questions or concerns related to bankruptcy you can visit www.thewrightlawgroupllc.com for further information.
Aug
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Tuesday, January 24, 2006
January’s second Interview of the Month was with Danny O’Brien of the Electronic Frontier Foundation (EFF) on 23 January in IRC.
The EFF is coming off a series of high-profile successes in their campaigns to educate the public, press, and policy makers regarding online rights in a digital world, and defending those rights in the legislature and the courtroom. Their settlement with Sony/BMG, the amazingly confused MGM v Grokster decision by the Supreme Court of the United States, and the disturbing cases surrounding Diebold have earned the advocacy organization considerable attention.
When asked if the EFF would be interested in a live interview in IRC by Wikinews, the answer was a nearly immediate yes, but just a little after Ricardo Lobo. With two such interesting interview candidates agreeing so quickly, it was hard to say no to either so schedules were juggled to have both. By chance, the timing worked out to have the EFF interview the day before the U.S. Senate schedule hearings concerning the Broadcast flag rule of the FCC, a form of digital rights management which the recording and movie industries have been lobbying hard for – and the EFF has been lobbying hard to prevent.
Aug
15
Due to the damage by Hurricane Katrina and subsequent flooding, a number of colleges and universities in the New Orleans metropolitan area will not be able to hold classes for the fall 2005 semester. It is estimated that 75,000 to 100,000 students have been displaced. [1]. In response, institutions across the United States and Canada are offering late registration for displaced students so that their academic progress is not unduly delayed. Some are offering free or reduced admission to displaced students. At some universities, especially state universities, this offer is limited to residents of the area.
Aug
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Friday, April 7, 2006Legislators in the Massachusetts General Court, their name for the state legislature, approved legislation on Tuesday, April 4, that would make it the first state in the United States to require all residents to have health insurance and impose penalties for non-compliance. Massachusetts Governor Mitt Romney, a Republican who is expected to run for U.S. President in 2008, is expected to sign the bill.
The bill passed the lower house, the Massachusetts House of Representatives by a vote of 155-2, and unanimously by the state senate. The Democratic Party holds supermajorities in both houses of the legislature.
Among the bill’s provisions are these:
At least one other state (Hawaii) requires employers to provide employee health insurance, but no other state holds individuals accountable for coverage.
Aug
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Tuesday, February 19, 2008
On Sunday, Wikinews interviewed creator of memorial site LisaMcPherson.org, former Lisa McPherson Trust employee and long time Scientology critic Jeff Jacobsen.
LisaMcPherson.org is a memorial site created in 1997 containing information on her death and the resulting legal case against the Church of Scientology.
Lisa McPherson died in 1995 while in the care of the Church of Scientology. After a car accident, she became mentally unstable. Scientologists removed her from the hospital and placed her in the Introspection Rundown, she died 17 days later while still in care of the Church. She was used as an icon during Project Chanology, the protest of the Church of Scientology by Anonymous. Protesters were pictured with signs that said “Remember Lisa McPherson” and “Ask Scientology Why Lisa McPherson Died”, other protesters had posters with her picture on it.
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Monday, August 6, 2018
On Saturday, Sevilla FC announced the signing of Spanish defender Aleix Vidal from defending LaLiga champions FC Barcelona. Via their official website, Barcelona said they were to receive €8.5 million transfer as well as two million in variables.
28-year-old Vidal had joined Barça three seasons ago, from Sevilla. Since moving to the Catalan-capital, Vidal had played 49 games for the club. During his tenure at Camp Nou, Vidal won two Spanish LaLiga titles, three Copa del Rey and one each of Supercopa de España, UEFA Super Cup as well as the FIFA Club World Cup. In 2015, Vidal had won the UEFA Europa League with Sevilla.
Previously, Barcelona announced the transfer of French defender Lucas Digne to English club Everton FC. Barcelona announced the transfer of Aleix Vidal shortly after they announced signing Chilean midfielder Arturo Vidal from Bayern Munich.
According to a report by Marca, Aleix Vidal was to sign a four-year contract with Sevilla.