Premium Essay

Variety

In:

Submitted By sooluvbi
Words 1212
Pages 5
THE PIOB AND THE INTERNATIONAL FEDERATION OF ACCOUNTANTS Stavros B. Thomadakis Chairman, Public Interest Oversight Board IFAC Council Auckland, New Zealand – November 17, 2005 Ladies and gentlemen, It is a great pleasure to have been invited to the IFAC Annual Conference, and to come to this faraway and very beautiful land of New Zealand. I want to express my personal gratitude to the New Zealand Institute of Chartered Accountants for their hospitality. As IFAC completes its first year of operation under a new and rigorous constitution, this week provides an important opportunity for all of you to reflect on how far IFAC has travelled and to determine what distance remains. In the same way, my objective today is to bring Council members up to date on the many positive developments that have occurred since your meeting in Paris last year, on where the Public Interest Oversight Board stands right now, and where it intends to go from here. A year ago IFAC reaffirmed its unanimous support for constitutional reforms that included, among other important matters, the creation of the Public Interest Oversight Board. Even more important was the strong signal that the new entity should be launched as quickly as possible. This task fell to the same key groups responsible for the final formulation of IFAC reforms, and was executed by the end of February 2005. This was an impressive achievement considering the many players involved, the importance of the task, and the need for full consensus at each stage. The first step was for members of the Monitoring Group – the International Organization of Securities Commissions, the Financial Stability Forum, the Basel Committee, the International Association of Insurance Supervisors and The World Bank, along with IFAC – to complete the due process designed for appointment of the initial board.

1

The PIOB was formally launched on

Similar Documents

Free Essay

Grape Varieties from Portugal

...White Grape Varieties from Portugal 1. Alvarinho (fruity notes of citrus) 2. Arinto (good acidity) 3. Fernão Pires, also called Maria Gomes (floral aromas and citrus notes) 4. Avesso (full bodied) 5. Azal Branco (high acidity, citrus effects) 6. Malvasia Fina (full-bodied dry to sweet wines with ripe nutty tones) 7. Gouveio (medium-dry textures and pale apple overtones) 8. Esgana Cão (very acidic) 9. Antao Vaz (hints of ripe tropical fruits) 10. Bical (soft and aromatic, typically with aromas of peach and apricot) 11. Encruzado (delicate aromas of roses and violets, light citrus notes) 12. Fonte Cal (low in acidity) 13. Loureiro (refreshing, well-balanced acidity) 14. Moscatel Graudo (notes of orange zest, honey, spices, iodine, orange blossom and acacia) 15. Rabigato (bright, refreshing acidity) 16. Siria (aromatic, citrus and floral) 17. Trajadura (lower acidity and higher alcoholic strength) 18. Verdelho (high acidity) 19. Viosinho (full-bodied but fresh, fragrant, well-balanced wines) 20. Sercial (light, dry, acidic) Red Grape Varieties from Portugal 1. Touriga nacional (concentrated with tannins, black fruit notes, sweetness and colour) 2. Alicante Bouschet (rustic) 3. Jaen (lively fruit flavour) 4. Periquita, also called Castelão and Trincadeira (tannic and fruity but softens well with age) 5. Tinta Miuda (tannic, rough and tart) 6. Aragonez, Tinta Rorizin northern Portugal (fruity wines with softer tannins and lower acidity) 7....

Words: 342 - Pages: 2

Premium Essay

Variety and Harmony

...has many different aspects that create a beautiful piece of artwork. While viewing his work I noticed many different aspects of harmony and variety within this photo. Kandinsky utilized harmony in three different ways. Within the bottom left corner of the photo the artist utilizes repetition with the creation of various lines that seem like little mountains. It creates sections but are all similar within that area of the art piece. The color pattern is stable throughout the artwork, focusing on the different lighter hues of color. The contour lines within this photo are all represented with semi thick dark lines that break up the photos different areas but also bring unity within this piece. When Kandinsky utilized variety within this photo, three different aspects stood out to me. The contrast of color within the top right corner compared to the rest of the painting shows the different variety of cool colors opposed to warm colors throughout the left and bottom sides of the artwork. Within the top right portion of the photo there is one single red dot amongst all the darker colors within that area. It seems that the artist utilized only natural colors within the top right hand corner of the photo. As the rest of the photo incorporates other colors this particular area is left untouched. With the combination of variety and harmony within this piece of artwork, Kandinsky was able to create on of the most well balanced motif’s of his...

Words: 260 - Pages: 2

Premium Essay

Varieties of English

...Varieties of English These refer to the different forms of English spoken by English speakers all over the world, in terms of pronunciation, grammatical features and distinct vocabularies. They vary from region to region and are also dependent on the social and educational standing. All over the world, English is spoken in most languages, and even though the language is the same, it does not necessarily mean that everything about it is the same. What may look like a slightly difference, is actually a huge one. Pronunciation, grammar and vocabularies can make a language seem to change completely! Standard varieties of English These are the varieties of English that have become standard or most recognized and used in the majority of the world. The main two are: English in England and American English. English in England Despite this being the origin of the English language, it does not mean the language is the same everywhere in England. The significant difference is in the pronunciation, as the accent and pronunciation of English in Britain is different from the one in Scotland, Wales and Ireland. American English When talking about American English, this is referring to mainly North America because in South America English is not the national language spoken. In North America, the accents of Canadians differ from Americans from the United States, Texas and so on. The largest difference is in American English and African American English, which is a sort...

Words: 507 - Pages: 3

Premium Essay

Less Is More

...Less is more Prof. Sheena Iyengar believes that the need to choose from a variety of similar products leads to customer’s paralysis, in which the majority of customers decide to abandon the purchase. She made some experiment when supermarket offered visitors a taste jam. There were two tables with jam probes: one was presented 24 options, another just 6. A lot more people stayed to try jam, where there were more options, but only 3% of them have bought jam. To the stand with 6 kinds of jam less people came, but 30% of them decided to buy it. Iyengar gives four pieces of advice to avoid the problem of consumer paralysis. First, reduce the range. Paradoxically, this will make the selection process more enjoyable for customers and increase the number of sales. For example, Procter&Gamble Company removed their nine varieties of shampoo and thereby increased the number of sales by 10%. Second, concretization. Customers can not choose from a variety of options, because they do not understand the difference between the products. Third, divide the products into categories, so it would be easier to find and choose. And finally, starting with a less complicated choice. Range of products attractive to the buyer only in theory- in reality it tiring and hinders to make a choice. Any man who has had to watch a woman while choosing clothes from the closet, knows- the more clothes in her closet, the more likely she will say that she has nothing to wear. So as a girl and a customer...

Words: 326 - Pages: 2

Free Essay

Manage Risk

..._______________________________________________________________ _______________________________________________________________ Report Information from ProQuest 22 August 2012 04:09 _______________________________________________________________ Table of Contents 1. Carbon tax: expert sees opportunities for energy management suppliers................................................... 1 22 August 2012 ii ProQuest Document 1 of 1 Carbon tax: expert sees opportunities for energy management suppliers Author: Hodgkinson, Steve. Publication info: Manufacturers' Monthly (Jul 2011). ProQuest document link Abstract: Putting aside the politics of how best to design Australia's strategy for transitioning to a greener economy, the Government's Climate Change Plan finally gives businesses some clarity over the imperatives to invest in technology to reduce CO2 emissions.For most organisations this means that they will need to invest in systems to monitor operational processes and to analyse and report on their energy consumption, the energy efficiency of production facilities and offices and their overall CO2 emission... Links: Linking Service Full Text: Putting aside the politics of how best to design Australia's strategy for transitioning to a greener economy, the Government's Climate Change Plan finally gives businesses some clarity over the imperatives to invest in technology to reduce CO2 emissions.For most organisations this means that they will need to invest...

Words: 668 - Pages: 3

Free Essay

Reed Elsevier

...Abstract The paper aims at reviewing the organization and business approaches of Reed Elsevier, which is among the FTSE 100 firms with a noticeable global reach. By and large, this is a publishing entity dealing in technological innovations and legal issues, risks and mitigations, healthcare and commercial sectors. By developing a strong brand, the organization has earned the loyalty and trust of a wider clientele base, an aspect that guarantees economic growth. This has been attained by investing heavily in current content that distinguish and enhance the goods and services offered, hence venturing into new market environs. Moreover, the paper evaluates some of the problems the company grapples with, such as slow global financial growth and new entrants into the market. Additionally, the document presents proposals on the areas of company approaches that should be enhanced. Introduction Reed Elsevier is touted as the best functioning international organization. It is listed at position 64 in the league of FTSE 100 organizations and has a market capital of 6.34b. Reed Elsevier is predominantly a research and publishing entity that deals with technological advancement, legal issues, risks and mitigations, healthcare and commercial areas. It consists of Reed Elsevier NV as well as Reed Elsevier PLC, forming a twofold listed entity. With its international presence, the company’s main goal is to offer information, research, and data analysis...

Words: 1362 - Pages: 6

Premium Essay

The Variety of Japan

...THE VATIETIES OF REFORM Overview Since the mid-1990s,the Japanese government has embarked on a series of reforms targeted at the microinstitutions of the economic system.These reforms represent a comprehensive program with the potential to transform Japan into a liberal market economy.However,the effect of these reforms were not very obvious.We find that the reforms have been designed more to preserve the essence of the Japanese model than to destroy it. Labor reform Background Japan’s lifelong employment system are blamed for the result of high labor costs,decreasing competitiveness,and raising unemployment.The government has given employers more freedom with working hours,compensation,and contracts,but it has not made it any easier for employers to dismiss workers. To keep the flexibility of employment,there are several notable reforms. ●In 1997,the government remove some special protections for female workers such as governing overtime and nighttime work. ●In 1998,it revised the Labor Standards Law to give employers more flexibility with work-hour. ●In July 1999,the government revised the laws to allow employers greater freedom in hiring dispatch workers. ●In June 2003,the government extending the maximum contract period and allowing local governments to provide job placement services for free. To keep the stability to supporting the long-term system. ●Court decided to rule that employers could not dismiss workers without cause unless they met fairly stringent...

Words: 901 - Pages: 4

Free Essay

Coconut Variety

...THE PHILIPPINE COCONUTINDUSTRY: PERFORMANCE, ISSUESANDRECOMMENDATIONS Rolando Dy, Ph.D.     ANNEX 6STRATEGY MAKING BASED ON SWOT MATRIX The coconut industry is a resilient one, full of potential but has manyweaknesses. While it hosts many opportunities, it also faces many threats.These are considerations in formulating policy directions for the industry. Coconut Industry: SWOT AnalysisADVANTAGES CONSTRAINTS STRENGTHS WEAKNESSES Inputs 1. Availability of good clones 1. Only 1% of the areas are plantedwith good clones2. No irrigation system in coconut areas Farm Production 2. Favorable climate in most areas 3. Senile trees (30% of stands)3. Availability of technologies 4. Only 1% of the farms apply fertilizers5. Plantings in marginal lands6. Intercropping in only 30% of the land Logistics 4. Established marketing system 7. High assembly costs due to poorroads and fragmented, small holdings5. Export facilities 8. Multi-layered marketing channels Milling 6. Presence of many mills 9. Underutilized mills7. Presence of refiners 10. Underutilized refineries11. Shortage of raw materials12. High assembly costs13. Low quality copra Other Value Adding 8. Many product possibilities 14. Cost of raw materials Institutions 9. Multi-stakeholders 15. Frequent changes in PCA leadership16. Lack of program support; toodependent on coco levy resolution OPPORTUNITIES THREATS 1. Stable and growing export anddomestic markets1. Poor global image in supply reliability2. Good prospects...

Words: 3533 - Pages: 15

Premium Essay

Variety Resources on Earth

...Science Form 1 note GOOD LUCK Teacher zaidi@maher2010 CHAPTER 4 : THE 4.1 1. 2. 3. Air 1. 2. 3. 4. VARIETY OF RESOURCES ON EARTH THE DIFFERENT RESOURCES ON EARTH Human beings, animals and plants need food, water, air and shelter in order to survive. The Earth has the resources needed to sustain life. The resources are air, water, soil, minerals, fossil fuels and living things. Air is needed by all living things to survive. The atmosphere is a layer of air that envelops the Earth. Air is a mixture of gases. Air contains gases such as oxygen, nitrogen and carbon dioxide. Oxygen and carbon dioxide are two very important gases that support life on Earth. a. Oxygen i. Used for respiration by living things ii. Used in combustion of materials iii. Used in industries iv. Released during photosynthesis. b. Carbon dioxide i. Used by green plants to carry out photosynthesis ii. Used in fire extinguishers iii. Released during respiration and combustion. Water covers a total of about three quarters of the Earth. The sources of water are oceans, seas, rivers, lakes, rainfall and ground water. Importance of water a. To animals/human i. It provides a medium for chemical process and body metabolism ii. It is the main component of the blood iii. It transports nutrient to all cell in the body iv. It caries excretory products to the kidneys for excretion. v. It helps to control the body temperature. b. To plants i. It helps to maintain the turgidity of plant cells. ii. It is used...

Words: 1762 - Pages: 8

Free Essay

The Culture and Variety of Argentina

...The Culture and Variety of Argentina The country of Argentina is one rich in history and complex in culture. It is located in the far reaches of South America, inhabiting 1,068,302 square miles of the southeastern region of the continent, and over 39,000,000 people populate it. Those people make up the identity of a culture, a society of Argentinians that inhabit a unique place amongst not only the Latin-American region, but also the world as a whole. If we are to analyze the culture of the Argentinians, there is one important place to start. Buenos Aires, the capitol of the country, accounts for over a third of the country’s population, and is rich in diversity. The city, and country, has religion freedom, as well as many different dialects meandering amongst the population, although Roman Catholicism is the official religion and Spanish the official language of the country. This relative “melting pot” of individuals carries a unique atmosphere, with different kinds of handicrafts found all over the country. “The gauchos produce silver buckled belts, spurs, stirrups and the mate gourds from which they drink their mate through a silver straw. The indigenous groups produce wood carvings, weavings and textiles such as ponchos” (Select, 2010). This is just the tip of the iceberg when it comes to the cultural relevance of Argentina and its people. The country is also very prominent within the realm of entertainment such as music and dance. The music scene in Buenos Aires...

Words: 725 - Pages: 3

Free Essay

Genre and Register

...purpose, subject matter and content of the message, and the relationship between participants.’ Consequently, my interpretation is that register can be - but is not solely - identified through linguistic choices and style. It is dependent upon the linguistic context and social situation surrounding the text- which can be identified as genre. Therefore, register is the language variety which results from the genre. Genre differs from register in that it is mainly applied to literary texts or texts which hold strict conventions such as newspapers, poetry, fictional writing and legal documents. Naturally then, to carry out a genre analysis would mean looking at a complete text rather than an excerpt as stated by Biber and Conrad (2009: 17-18) ‘Text excerpts are not adequate for genre analysis, because they do not necessarily represent the linguistic conventions that define the genre’. The data I obtained [Item 1] shows clearly that during the 24 hour period I received a larger range of differing language registers in comparison to the quantity that I produced. Language varieties I received came from a variety of contexts surrounding the text for example, listening to a lecturer deliver a presentation was formal in its approach and address and similarly, watching a BBC news programme where the presenter spoke formally in Standard English (or Received Pronunciation). The formal register in both could be identified through longer, more complex sentence structures and sophisticated vocabulary...

Words: 1113 - Pages: 5

Premium Essay

Unit 39

...different formats. And the reason for this is so that every retailer will specialise in a particular field of product that will appeal to a specific group of people. For example, there may be a retailer that specialises in selling only sporting goods, another may sell only children’s toys, and another may be a discount store that doesn’t sell anything over the price of £1. When dealing with the different formats of retail, it is also important to look into the different locations these retailers are usually based in as this is usually strategically chosen by the business, as they feel that a particular location will bring them more sales. This report will focus on three particular retail types and they are Hybrid Stores, Supermarkets and Variety Stores. I will be looking at these retail formats, comparing them with each other, as well as looking at their locations. Hybrid Stores Hybrid Stores are a fairly modern form of retailing that has been introduced into the business world. It features two separate and different businesses, sharing a building usually one smaller business within one main larger business. This has become a very popular form of retailing in modern times as it gives businesses the opportunity to promote each other. An example of a business like this can be petrol stations. A person can drive to a petrol station to fill up their car, they will then go into the kiosk to pay. In some petrol stations the kiosk will be a completely different business and brand to...

Words: 1929 - Pages: 8

Premium Essay

Ikea

...exposure) Ikea stores are designed in a one-way ‘walk-through layout’ that requires customers to be exposed to the entire products which is unlike from most furniture retail stores where by customers may choose to go directly to the section they preferred. Hence, the flow allows increased efficiency from entering the showroom, selecting of products to lastly making payments. Furniture Most of Ikea products are self – assembled products, this helps to reduce the costs of shipping as higher volume of bulk packaging can be done. Unlike most furniture retail stores where free delivery and assembly is given, additional charges apply if fixing of product is required by the customers. Lastly, four dimensions of operations (Volume, Variety, Variation and Visibility) will be used to determine the differences between IKEA operations to that of most furniture retail stores. High Volume - IKEA’s operations are of very large scale, major land space and huge car parks are developed to cater to all customers, everything about the design of IKEA’s operations encourages...

Words: 677 - Pages: 3

Premium Essay

“the Dollar Store’s Food and Cigarettes Strategy Is Working”

...The article is about the variety retail store chain Family Dollar’s approach to increasing sales and competing against not only other variety store retailers’ but against, convenience stores and mega retailers as well. “Last Year, Family Dollar decided it sold enough cheap detergent and school supplies – what it needed was food and cigarettes. Its research found that many of its customers smoke, and smokers tend to make frequent trips to buy cigarettes – maybe they’d pick up some groceries and whatnot while they were there. Food is also something people buy frequently, so the combination hopefully would boost traffic.”(BusinessWeek.com/Articles/2013-10-10/the-dollar-stores) The discount variety store teamed up with McLane, a grocery and tobacco supplier to convenience and drug stores, 7-11 and CVS to name a few to provide frozen foods from name brands like DiGiorno Pizza, and Eggo Waffles. To provide more insight into this strategy let’s look at Family Dollars Swot Analysis according to http://mbaskool.com/brandguide; Strengths – Operates close to 8000 stores worldwide, with more than 45,000 employees. They operate nine of their own distribution centers. They Operate in Food, Clothing and House wares, Excellent Brand recall and presence. Weaknesses – Brand is still trying to get established globally, criticized by local communities about the possible negative effect on residential values these types of varieties store may have on the community. Opportunity – Disposable...

Words: 689 - Pages: 3

Premium Essay

Dollar Tree Analysis

...weakness, opportunity, and threats. The organization strength has made it possible to respond to realistic opportunities. The firm’s decision makers thrive to increase profit. Consequently, their proven ingenuity has shaped the strategic business model. In short, Dollar Tree has the ability to sustain long-term growth, and sufficient cash to invest in new ventures. As a result, company’s estimates have significantly increased. Organizations can maintain a competitive advantage only if they can provide their customers competitive products at low prices (Hitt, Ireland, & Hoskisson, 2013). Dollar Tree offers consumers this service, more value for 1$, no other competitor has been able to match this strategy. Dollar Tree operates as a discount variety store selling products at a uniform price of $1 or less. Dollar Tree operates 4,842 stores nationwide and 5 Canadian Providence (Dollar Tree, 2013). Moreover, Dollar Three has announced the expansion of its distribution center in Marietta, Oklahoma to maintain its competitive advantage. This business strategy provides Dollar Tree with the ability to open new stores in specific locations targeting its demographic base. Competitors lack the ability to lower prices. Thus, by keeping its prices below competitors’ prices (Hitt 2013) Dollar Tree...

Words: 1402 - Pages: 6