43 research outputs found
Discretion in accounting for pensions under IAS 19: using the âmagic telescopeâ?
We use a panel data set of UK-listed companies over the period 2005 to 2009 to analyse the actuarial assumptions used to value pension plan liabilities under IAS 19. The valuation process requires companies to make assumptions about financial and demographic variables, notably discount rate, price inflation, salary inflation, and mortality/life expectancy of plan members/beneficiaries. We use regression analysis to analyse the relationships between these key assumptions (except mortality, where disclosures are limited) and company-specific factors such as the pension plan funding position and duration of pension liabilities. We find evidence of selective âmanagementâ of the three assumptions investigated, although the nature of this appears to differ from the findings of US authors. We conclude that IAS 19 does not prevent the use of managerial discretion, particularly by companies whose pension plan funding positions are weak, thereby reducing the representational faithfulness of the reported pension figures. We also highlight that the degree of discretion used reflects the extent to which IAS 19 defines how the assumptions are to be determined. We therefore suggest that companies should be encouraged to justify more explicitly their choice of assumptions
The Influence of Manga on the Graphic Novel
This material has been published in The Cambridge History of the Graphic Novel edited by Jan Baetens, Hugo Frey, Stephen E. Tabachnick. This version is free to view and download for personal use only. Not for re-distribution, re-sale or use in derivative works. © Cambridge University PressProviding a range of cogent examples, this chapter describes the influences of the Manga genre of comics strip on the Graphic Novel genre, over the last 35 years, considering the functions of domestication, foreignisation and transmedia on readers, markets and forms
18S rDNA alignment
DNA sequence alignment of the 18S rRNA gene in Nexus forma
El defensor : Diario Liberal independiente, protector de los intereses materiales y morales de esta provincia: Año III Epoca segunda NĂșmero 300 - 1905 febrero 11
Copia digital. Madrid : Ministerio de Cultura. SubdirecciĂłn General de CoordinaciĂłn Bibliotecaria, 200
Additional file 5: of Mitochondrial group I and group II introns in the sponge orders Agelasida and Axinellida
COI CDS alignment. DNA sequence alignment, in Nexus format, used to reconstruct the phylogenetic tree presented in Fig.ĂÂ 1. (NEX 144 kb
Additional file 1: of Mitochondrial group I and group II introns in the sponge orders Agelasida and Axinellida
List of species sequenced as part of the sponge survey. (XLSX 10 kb