valuations
IASB proposes more changes to financial instruments disclosure
Martin O'Donovan, ACT's assistant director of policy and technical issues, examines the International Accounting Standards Board's (IASB) draft of proposed amendments to IFRS 7 disclosure on financial instruments.
SEC and FASB clarify fair-value accounting standard
Courtesy of the DechartOnPoint Bulletin, we offer a look at how fair-value accounting stands in the light of new statements from the SEC and FASB. It offers details of how investments and assets should be assessed, especially under FAS 157. The new rules may provide a measure of comfort to companies that reasonably believe current market prices for certain assets reflect fire-sale prices or transactions in disorderly markets.
SEC and FASB clarify fair-value accounting standard
Courtesy of the DechartOnPoint Bulletin, we offer a look at how fair-value accounting stands in the light of new statements from the SEC and FASB. It offers details of how investments and assets should be assessed, especially under FAS 157. The new rules may provide a measure of comfort to companies that reasonably believe current market prices for certain assets reflect fire-sale prices or transactions in disorderly markets.
Asset-based lending provides additional cash for your balance sheet
New research by the ABFA (Asset Based Finance Association), shows that more companies are using asset based finance to enhance their working capital. Borrowing money against outstanding invoices, premises, machinery, fleet and even a brand can aid businesses. Kate Sharp, chief executive of the ABFA, talks about the growth of the industry, how it has opened the doors for firms to trade internationally and how it is helping to maintain a consistent cash flow in an otherwise turbulent time.
Lending against intangible assets
When times are tough recognising the hidden value in intangible assets becomes attractive. Here Stuart Whitwell of Intangible Business outlines how companies can unlock value and maximise lending. He also gives the case study of Burns Stewart Distillery.
Valuing intangible assets: A case study at Burn Stewart Distillers
Stuart Whitwell of Intangible Business outlines how Burns Stewart Distillery enhanced lending requirements by recognising the hidden value in of its intangible assets.
MarketWatch technical updates from the ACT: News in brief
This month's look at corporate finance and treasury issues include notes on fair value issues, agreements on contract law, confidentiality problems and new rules for debt and securitisation markets.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more