Discover and read the best of Twitter Threads about #IFRS

Most recents (8)

Most of the #MBA Finance students who attended my masterclass in Investments and Portfolio Management did not know how to use the #VLOOKUP or #VLOOKDOWN XLS Functions
Most of them completed graded courses in CS.
And then students complain about the standard of business education?
Not only that!
Most of the MBAs specializing in Finance that apply for Industrial Placement Programs or internships, struggle to read and understand financial statements.
Does that surprise you?
Not me!
Because Finance Majors are not necessarily good at using #Accounting or #IFRS
I am dead against an MBA Finance Degree.
its neither fish nor fowl
You cannot become a Financial Planner only by reading business case studies or solving a few exercises or writing project reports using standard formats
Better opt for an MS or MSc in Finance with a focus on Maths
Read 10 tweets
Even Art and Sculpture are now being used to manage wealth by some private investment teams.
I won't be surprised if portraits and handicrafts become a major asset class for the HNW Clients.
Due Diligence Risks remain, and the possibility of money laundering can't be ruled out!
Wealth Management as a subject is rapidly evolving.
Private Banking and Wealth Management Teams are offering all kinds of exciting financial and portfolio management solutions for the long term.
Hence, managing the risks of such transactions requires new paradigms.
For e.g. I was speaking to a Wealth Manager at a conference a few years back!
He told me that even Aged Cigars and certain Alcoholic Products such as Cognac, Wine, and Champagne, etc. It is a great investment, as their value augments, as time passes by!
Read 11 tweets
Do compliance and risk officers do similar work in the bank sector?
In short NO! The model varies from jurisdiction to jurisdiction and from institution to institution.
#Compliance should delegate and follow up on matters pertinent to regulatory, policy and legal compliance, and check some other forms of Non -compliance so that a bank must always adhere to the best practices, conduct, risk management culture and ethical business strategies,
as part of its policy, and/or operational requirements in a given Legal Jurisdiction.
Read 12 tweets
Em breve teremos novidades na Divulgação das Demonstrações Contábeis. Hoje, ao analisarmos o #Ebitda, muitos são reportados ajustados. O #EBIT seria nossa "proxy" para #lucro operacional. Ocorre que as #IFRS não apresentam exigências na classificação. Isso leva, no padrão...
de divulgação atual (DFP), o resultado de equivalência patrimonial (MEP) a aparecer dentro do EBIT. Todavia, resultado de equivalência (+/-) vem dos investimentos (vai que conceitualmente algum é operacional em algum setor?😬). Sendo assim, a nova proposta do IASB recomenda...
..o destaque desse resultado na DRE. Outros pontos de melhoria na divulgação estão por vir e podem ser consultados nos docs do próximo tweet.
A @helocruz (obrigado!!) me mostrou essa divulgação da DRE (IFRS) da Tegma, que difere da publicação DFP da CVM, só na estrutura. ImageImage
Read 7 tweets
I have been bugging you with #IFRS 9 for banks and the #Covid crisis, and by now you probably think I’m senile, repeating the same things all over again. ENOUGH WITH THE GEEKY STUFF NO ONE CARES ABOUT.
An (important) thread.
But wait, the Fed, the BoE & the ECB have all published on this (or the US equivalent). And they are all trying to find a way to tweak a rule which is not really in their remit (it’s an accounting rule.) So maybe there *is* actually something important?
I’ll explain why first with the theory and then a STUNNING example. Bear with me through some accounting stuff, before we get to the juicy numbers.
Read 20 tweets
Pessoal, consegui com a Editora um cupom de desconto exclusivo para vocês! Utilize o cupom JE25 no site do Grupo GEN (bit.ly/Livros-Jose-El…) e adquira meus livros com 25% de desconto! #Contabilidade #Empresas #Negocios #Negócios
Aproveitem e compartilhem c/ os contatos!
Abs!
Read 3 tweets
Se essa proposta passar, vamos retroagir algumas décadas no ambiente empresarial e da #Contabilidade #IFRS no #Brasil e perder empresas, investidores e operações estrangeiros. Só um alerta Presidente @jairbolsonaro e senhores @MarcosCintra @MinEconomia mobile.valor.com.br/brasil/6412173…?
Temos q avançar e se ajustar. Não retroagir fixados a regras fiscais e Leis antigas ou repassar custos de conformidade às empresas. Se for mudar algo, q seja via Legislativo. Essa incerteza e instabilidade jurídica dificultam as coisas no BR. Em breve desenho p/ ficar mais claro.
Aproveitando o alerta @cfcbsb . E parabenizar @FTorresVInveste pela notícia!
Read 3 tweets
1/n O que é #covenant? É uma #cláusula contratual q estabelece critérios/ #indicadores q a #companhia precisa respeitar. Caso um covenant seja quebrado, a empresa tem q arcar c/ as consequências contratuais. São comuns em vários contratos, mas mais vistos em contratos de dívida..
... alguns exemplos: dívida/ebitda, rentabilidade, dívida/ativo, despesa financeira/dívida ou ebitda etc. Cada covenant é inserido para monitorar melhor as atividades dos gestores. Em geral, eles reduzem o comportamento oportunista impondo limites. Alguma vezes são renegociados..
... ou podem ser revistos quando algo fora do comum ocorre nas atividades empresariais. Quando o ocorre isso, a credibilidade da #empresa cai e em muitos casos ela pode estar a caminho da recuperação judicial ou algum evento forte externo (crise, por exemplo) ou alguma nova lei..
Read 4 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!