Monday, March 17, 2008

Similarities and differences: A comparison of IFRS and US GAAP




Similarities and differences: A comparison of IFRS and US GAAP


This publication is for those who wish to gain a broad understanding of the key similarities and differences between IFRS and US GAAP. It is an update of the October 2006 edition and takes into account all pronouncements issued under IFRS and US GAAP up to August 2007. From the PWC website.

We have focused on the differences most commonly found in practice, although there are many differences of detail that exist between IFRS and US GAAP. Readers should consult all the relevant standards currently in force when dealing with a specific accounting issue.

Download Similarities and differences: A comparison of IFRS and US GAAP (1mb) Download Similarities and differences: A comparison of IFRS and US GAAP (2007 update) (1mb), or order online


Other publications in the Similarities and differences series are also available.

Hard copies of our publications can also be obtained from your local PricewaterhouseCoopers office.




This publication is designed for the information of readers. While every effort has been made to ensure accuracy, information contained may not be comprehensive or may have been omitted which may be relevant to a particular reader. In particular this publication is not intended as a study of all aspects of accounting practice under the GAAP and regulations it addresses, nor as a substitute for reading the local accounting standards and other official pronouncements dealing with specific issues.

Friday, March 7, 2008

Website of the Week



Training Pages is the UK's largest independent directory of training courses on the web. It is packed with over 26,000 courses that can be browsed and searched using intelligent search tools.

FORMATIONS DFCG


FORMATIONS DFCG

Prenez date avec nos séminaires de formation du 1er semestre.

Pour vous inscrire, il vous suffit de cliquer sur le(s) séminaire(s) de votre choix et de renvoyer votre bulletin d'inscription par fax ou courrier


Télécharger

le catalogue complet

Pour tout renseignement, merci de contacter Pierre Jaudoin

01 42 27 82 60

pierrejaudoin@dfcg.asso.fr

DIRECTEURS FINANCIERS

Accompagner/devenir le manager d'un centre de profit

"Couvrir à haut niveau le processus amont du CDG : vision - stratégie - planification pluriannuelle - plan d'action"

Mercredi 18 et jeudi 19 juin

Analyse financière des comptes consolidés

"Maîtriser et comprendre l'impact des normes IAS-IFRS sur l'analyse financière"

Mercredi 19 et jeudi 20 mars

Mardi 27 et mercredi 28 mai

Actualiser vos connaissances en normes IFRS

"Effectuer une revue des évolutions récentes"

Jeudi 20 mars

Lundi 9 juin

Appliquer les normes IAS-IFRS

"Pour une mise en pratique approfondie"

Vendredi 21 mars

Mardi 10 juin

Mettre en oeuvre un dispositif de contrôle interne et de maîtrise des risques

"Bâtir une méthodologie adaptée à une entreprise de taille moyenne"

Lundi 31 mars et mardi 1er avril

Lundi 2 et mardi 3 juin

Savoir évaluer une entreprise

"Comprendre et mettre en oeuvre les méthodes d'évaluation"

Lundi 31 mars et jeudi 1er avril

Jeudi 12 et vendredi 13 juin


CONTROLEURS DE GESTION

Améliorer et piloter la performance industrielle

"Concevoir et mettre en oeuvre un contrôle de gestion adapté"

Jeudi 15 et vendredi 16 mai

Mettre en oeuvre et finaliser une démarche ABC/ABM

"Le mode d'emploi pour améliorer la rentabilité de votre entreprise"

Lundi 19 et mardi 20 mai

Le contrôle de gestion informatique

"Une brique essentielle de la gouvernance des systèmes d'information"

Lundi 17 et mardi 18 mars

Mercredi 21 et jeudi 22 mai

Le contrôle de gestion sociale

"Suivre la masse salariale et piloter la performance RH"

Mardi 25 et mercredi 26 mars

Jeudi 29 et vendredi 30 mai

Pilotage de l'innovation

"Comment construire un processus d'arbitrage et mesurer les résultats"

Jeudi 27 et vendredi 28 mars

Mardi 3 et mercredi 4 juin

Traduire une stratégie en un ensemble pertinent d'indicateurs : la méthode OVAR

"Ovar : rapporcher mesure de performance et plans du comité de direction"

Mardi 25 et mercredi 26 mars

Mardi 10 et mercredi 11 juin

Mettre en oeuvre le tableau de bord stratégique et le Balanced Scorecard

"Comment construire une démarche d'alignement stratégique"

Mercredi 2 et jeudi 3 avril

Jeudi 5 et vendredi 6 juin

Thursday, March 6, 2008

Cool it

Google

Read original article. The banks of the Columbia River in Oregon used to be lined with aluminium smelters. Now they are starting to house what might, for want of a better phrase, be called data smelters. The largest has been installed by Google in a city called The Dalles. Microsoft and Yahoo! are not far behind. Google's plant consumes as much power as a town of 200,000 people. And that is why it is there in the first place. The cheap hydroelectricity provided by the Columbia River, which once split apart aluminium oxide in order to supply the world with soft-drinks cans and milk-bottle tops, is now being used to shuffle and store masses of information. Computing is an energy-intensive industry. And the world's biggest internet companies are huge energy consumers—so big that they are contemplating some serious re-engineering in order to curb their demand.

The traditional way of building data centres such as Google's is to link clusters of off-the-shelf server computers together in racks. Hundreds, even thousands, of such servers can be combined to achieve the sort of arithmetical horsepower more usually associated with a supercomputer. But the servers all require energy, of course, and so do the electronic links that enable them to work together. On top of that, once the energy has been used it emerges as heat. The advanced cooling systems required to get rid of this heat demand the consumption of more power still.

All of which is expensive. Though the price of computer hardware continues to plunge, the price of energy has been increasing. The result is that the lifetime cost of running a server now greatly outstrips the cost of buying it. A number of researchers are therefore looking for ways to operate big computer centres like the one at The Dalles more efficiently.

Horst Simon, a computer scientist at the Lawrence Berkeley National Laboratory in California, is working on something called the “climate computer”. The servers in data centres contain what are known as multicore processors. These combine a small number of powerful chips to do the calculations. Often these processors are more powerful than is strictly necessary for the sorts of jobs that data centres do. The climate computer would use arrays of less powerful, and hence less power-hungry, processors. The difference is staggering. Dr Simon and his colleagues think they can build a system that consumes a hundredth of the power of an existing data centre without too much loss of computational oomph.

Jonathan Appavoo, Volkmar Uhlig and Amos Waterland, three researchers at IBM, are taking a different approach. They have been tinkering with the architecture of the company's Blue Gene supercomputers. Blue Genes already use chips that consume much less power than do the microprocessors typically employed in data centres. They also use a specialised, energy-efficient communications system to handle the traffic between machines. This bespoke approach, IBM reckons, adds up to a machine that demands less energy per task, is more reliable, and occupies a lot less space than clusters bolted together from mass-produced servers.


Blue Gene computers are designed to excel at specialised, demanding tasks (they got their name because they were originally tested on some knotty problems in genomics). However, Dr Appavoo, Dr Uhlig and Dr Waterland think that, with a little tinkering, a network of Blue Genes could easily handle the software used by internet firms. Project Kittyhawk, as it is called, would link several thousand Blue Gene computers together to form a system with more than 60m processing cores and room to store 32 petabyes of data. A petabyte is a million gigabytes—and Kittyhawk, if it were built, would in theory be able to host the entire internet by itself without breaking sweat. What that would do to Oregon's economy remains to be seen.





Monday, March 3, 2008

Anglo Swiss Chamber of Commerce Event

Wednesday, 12th March 2008, Geneva (Geneva Chapter)

Luncheon addressed by The Earl of Home CVO CBE, Chairman of RBS Coutts Bank Ltd

Is Big Beautiful?


Size matters! This notion may be put to the test sooner than we think in these early years of the 21st century. The economies of huge countries like China and India take on a new significance and, according to some forecasts, may soon even overtake modern economic giants like the USA, Japan and the European Union.

But what size is viable? And on what does it depend? Is Scotland, for example, too small to be in Europe? Is Citigroup too big? Is Europe too big?

These and other fascinating questions will be addressed by a speaker of considerable business experience who leads one of the great names in British banking. He is also an active member of the House of Lords whose public speeches are widely acknowledged for their eloquence and wit.

He is the scion of one of the leading families in Scotland and the son of the late British Prime Minister Sir Alec Douglas-Home. He inherited the title of the 15th Earl of Home in 1995. Lord Home was appointed Chairman of Coutts & Co in 1999 and became Chairman of Coutts Bank (Switzerland) Ltd. a year later. He is also a director of Douglas & Angus Estates in Scotland and Governor of the Ditchley Foundation in England.



Grand Hotel Kempinski, Geneva

Kindly sponsored by

Barclays Bank (Suisse) SA,
RBS Coutts,
Lloyds TSB Bank Plc,
PricewaterhouseCoopers AG
Withers LLP


Invitation / Register and pay online for this event


Anglo Swiss Chamber of Commerce Event


Thursday, 6th March 2008, Geneva (Geneva L&T Chapter)

What you must know about a fraudster and the ABC of fraud prevention


Speakers : John Ederer and
Philippe Fleury

Fraud and misconduct can significantly damage an organization’s reputation, bank balance and share price, and even threaten its very existence. It is business critical for companies to have in place comprehensive and effective mechanisms to prevent, deter, detect, and minimize the impact of wrong doing.

Business leaders around the world are acutely aware that they must address fraud and fraud prevention initiatives – whether because regulations require it or their organizations survival depends on it.

Yet, implementing a comprehensive and integrated approach to fraud risk management across the enterprise remains a significant challenge. Effective fraud risk management provides an organization with tools to manage fraud and misconduct risk in a manner that meets regulatory requirements
as well as the entity’s business needs and market-place expectations.


John Ederer, Deputy Head of Forensic at KPMG Switzerland, qualified as a Chartered Accountant in 1984 and became a Fellow of the Institute of Chartered Accountants in England and Wales in 1994. He has been a member of the Swiss Treuhand Kammer (Wirtschaftsprüfung) since 1997. John is also a member of the Association of Certified Fraud Examiners of the USA since 2004 and of the management board of the Switzerland Chapter since 2005. John was born in London and has lived in Switzerland for approximately twenty years. Before joining KPMG he was an independent forensic consultant, prior to that a CFO at a telecom entity having started in Switzerland at another big four professional services provider.


Philippe Fleury, Attorney-at-law, Head of Forensic Western Switzerland. He has many years of experience in anti-money laundering services, financial services and compliance law. Philippe Fleury is a former head of section at the Anti-money Laundering Control Authority and a Financial Expert at the IMF.


Good fraud risk management - what does it look like?



16.00 Registration
16.30 - 18.30 Seminar
18.30 - 20.00 Cocktails

Hotel Beau Rivage, Geneva

Kindly sponsored by
KPMG


Invitation / Register and pay online for this event