IFRS 17, Insurance Contracts, to spur a fundamental accounting change

 Economy
Jun 042017
 

In 1997, the International Accounting Standards Board’s predecessor first set up a steering committee to carry out initial work on what was then called the “Insurance project,” and nobody expected that it would take 20 years to publish the final result. With the issuance of the new insurance accounting standard called International Financial Reporting Standards (IFRS) 17, Insurance Contracts, the Board closes a long and eventful journey to define the basic objectives, accounting principles and reporting guidelines for insurance contracts. IFRS 17 was on May 18, and will become effective for annual reporting periods beginning on or after Jan. 1, 2021. Early application is permitted provided that IFRS 9, Financial Instruments, and IFRS 15, Revenue from Contracts with Customers, are also applied.

Social Media as a Main Marketing Tool

 News
Jun 032017
 

The changes in Google’s search algorithms have put paid ads on top of the search results right in the middle of the page. No matter how hard you try at ranking higher in organic searches for your business and popular keywords, the top spots will be taken by those with big bucks to advertise. This has forced businesses to look for alternatives and they …

NEDA asked for guidelines on which infrastructure projects are suitable for public-private partnerships

 Economy
Jun 012017
 

THE PPP CENTER has asked the National Economic and Development Authority (NEDA) to come up with guidelines for assessing the best mode to implement infrastructure projects after the government said it favors “hybrid” methods of financing projects instead of public-private partnerships (PPPs).

Shopify Ecommerce Developers – Colorado Springs-Colorado

 General
Jun 012017
 
Shopify Ecommerce Developers – Colorado Springs-Colorado

Need help with Shopify ecommerce platform? Whether you are located in the Colorado Springs, Colorado, USA or elsewhere in the country or for that matter anywhere in the world, we can help you with Shopify ecommerce. Our designers and developers are experienced in Shopify and can help you with Shopify in particular and ecommerce in general.

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