International Financial Reporting Convergence: Evidence from Three Continental European Countries PASCALE DELVAILLE‚ GABI EBBERS AND CHIARA SACCON† ESCP-EAP‚ Paris‚ France‚ Allianz AG‚ Mu¨nchen‚ Germany and †Universita` Ca’ Foscari di Venezia‚ Venezia‚ Italy ABSTRACT Listed companies in the European Union are required to apply International Financial Reporting Standards (IFRS) in their consolidated accounts as of 1 January 2005. The purpose of this paper is to compare developments
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1. Abstract: There has been a great deal of interest in the formation of a currency union in Asia since the countries of the European Union (EU) decided to introduce a single currency for Europe. Most of the studies have been to identify the relationships between the existing economic integrations as NAFTA and EU and the ASEAN. The objective of this paper is to summarize proposed future evolution of Asian currency arrangements and examine it theoretically and empirically from a broad perspective
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n European Law the Ordinary legislative procedure is used when drafting hard law to ensure that the democratically elected representatives of the EU citizens have an equal say in appropriate areas of law making. There will be a brief analyse of the Ordinary legislative procedure and a discussion on it. European Law is very complex law ‚ within EU law there is various different treaties which are in place. Two most significant treaties which have importance to the legislative process are The
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Briefly describe the current crisis in the Eurozone. Discuss its potential effects on European integration and theorize as to how to overcome the crisis. Country | CIA 2007 | OECD 2009 | IMF 2009 | CIA 2009 | EuroStat 2010 | Austria | 59.10 | 72.7 | 67.10 | 66.40 | 72.3 | Belgium | 84.60 | 100.4 | 93.70 | 101.00 | 96.8 | Cyprus | 59.60 | | 56.20 | 56.20 | 60.8 | Estonia | 3.40 | | | 7.10 | 6.6 | Eurozone | | | | | 86.0 | Finland | 35.90 | 52.6 | 44.00 | 40.30 | 48.4 |
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EUROPEAN´S READING LITERACY Nowadays‚ european countries are experiencing a new phenomenon called reading literacy. Reading literacy is understanding‚ using‚ and reflecting on written texts‚ in order to achieve one’s goals‚ to develop one’s knowledge and potential‚ and to participate in society. Reading literacy is currently being studied by the Programme for International Student Assessment (PISA) which is an internationally standardised assessment tool that was developed by the OECD and given
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To allocate the correct European business strategy; and enterprise‚ be that European or International‚ must first highlight the state of the European Business Environment; this‚ referring to the conditions‚ in which a business within Europe operates in. It is important for EIMTNE’s to understand what a business strategy is; what does the business intend to achieve‚ (that is its objectives) why and how it will achieve this‚ as well as the time frame of completing and implementing the chosen strategy
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European Free Trade Association Renata Culcean 1st year IBM 23th of November 2010 Table of contents I. Foundation 3 II. The Association is responsible for the management of: 3 III. The EFTA States 5 IV. Free Trade Agreements 6 V. What is in an EFTA Free Trade Agreement? 6 5.1 Agriculture 6 5.2 Fish and other Marine Products 7 5.3 Rules of Origin 7
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The macro environment of the Western European brewing industry was analyse using the PESTEL framework to understand and assess the impact of the various external factors namely political‚ economic‚ social‚ technological‚ environmental‚ and legal. Political At the beginning of the 21st century the European governments forbear dynamic participation in the beer industry‚ which was considered as an important part of government revenues‚ moreover all this government started big campaigns against alcoholism
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Core Issues in European Politics 3 Main sources of political conflict in Europe 1. National Interests 2. Ideology 3. Domestic Politics - Most relevant political arena for most politicians - Euroscepticism / Populism Issue 1: European Finances Issue 1.1: Debt Crisis • • • • Public Debt Low growth Ageing + Welfare States Targets of financial speculation: - Portugal‚ Ireland‚ Italy‚ Greece‚ Spain (’PIIGS’) Issue 1.2: Troubled Banks Issue 1.3: Welfare State Reform • Welfare spending
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The history and current state of the European Union’s Common Security and Defence Policy development The European Union is indeed a unique entity‚ both from the internal and external perspectives. And if from the internal side it’s mostly about the people of the Union‚ their interests and rights‚ then from the external it’s mainly the compromise between the member states about any action‚ decision‚ or even declaration. Having so little competence within the external dimension the EU institutions
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