Blog & News
Risk
The process of reporting significant risks takes place on a regular basis and is complemented by ad hoc reports to the Management Board in the event of sudden or unexpected risks. Overall responsibility for the independent reporting system, which is standardised...
Notes (prior to IAS 1, Jan. 2009)
The cost of the acquisition is determined by the amount of cash or cash equivalents paid as well as the fair values of equity instruments issued and liabilities assumed at the transaction date, in addition to cost directly attributable to the purchase. The...
Basel
We pointed out that there were indeed differing opinions at an international level as to the risk associated with the fair value option. Moreover, the Paper was not aimed at imposing additional restrictions with regard to risk management or the application of the fair...