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scotianostra · 1 year

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19th February 1972 saw the death of John Grierson, the film director and producer.

One of the founding members of the British Documentary Movement, Grierson is seen by many as Scotland's most important filmmaker.

Grierson was born in the old schoolhouse in Deanston, near Doune, Scotland, to schoolmaster Robert Morrison Grierson from Boddam, near Peterhead, and Jane Anthony, a teacher from Ayrshire.His mother, a suffragette and ardent Labour Party activist, often took the chair at Tom Johnston's election meetings Johnston being the driving force behind our Hydro-electric scheme.

The family moved to Cambusbarron, Stirling, in 1900, when the children were still young, after Grierson's father was appointed headmaster of Cambusbarron school.

After serving on minesweepers during World War 1, he graduated from Glasgow University and served a Rockefeller fellowship in the USA, where he developed an interest in mass communications and spent some time in Hollywood. On his return to Britain, he became Assistant Films Officer at the Empire Marketing Board and was commissioned to make Drifters, a documentary about the North Sea herring fleet. In 1933 Grierson became Films Officer at the General Post Office film unit, and in both these capacities he played what has later been argued to be a pivotal role in British film culture.

Grierson's specific achievement as a director is not easy to assess, as the documentary movement took a collaborative approach to production. Grierson is only credited as directing Drifters; however, he exerted significant influence on the talented team of young filmmakers he attracted around him. Drifters contains many of the traits that would later characterise the documentary movement's output, notably an emphasis on the social interaction and everyday routine of the fishermen at sea, and on the economic importance of the fishing industry, and some technically innovative 'underwater' shots achieved at the Plymouth Marine Biological Research Station. The new montage style of Soviet cinema and the poetical style of Robert Flaherty were clear influences on Grierson.

In June 1937 Grierson resigned from the GPO and formed Film Centre, an advisory and co-ordinating body for the documentary film movement. It was this kind of supervisory capacity that characterised Grierson's role and influence on factual film, with him also acting as production advisor to Films of Scotland, and, throughout the war, serving as Film Commissioner at the National Film Board of Canada.

After a brief and fairly fruitless period in New York, Grierson returned to the UK in 1946. In February 1948 he was appointed to the Films Division of the Central Office of Information. Over the next two years he attempted to re-establish a major programme of government documentary production, but was repeatedly frustrated by political opposition and public sector spending cuts provoked by the post-war economic crisis. In the 1950s, Grierson acted as joint head of Group 3, the production arm of the National Film Finance Corporation, spent several years in independent television, before finishing his career teaching at a Canadian university.

Critical opinions regarding the impact and influence of Grierson on British film are sharply polarised, possibly more so than with any other prominent British filmmaker. His supporters claim that he single-handedly established the principle of public service filmmaking, analogous to Reith at the BBC. His detractors believe that the legacy of Grierson is more modest, that the documentary movement films reached limited audiences and their cultural impact has been exaggerated. Because so much of his vision was expressed through managing the work of others rather than by direct involvement in making specific films, his legacy as a director per se is in many ways a side-issue.

Grierson went into hospital for a health check-up in January 1972; he was diagnosed with lung and liver cancer and was given months to live.During his time in hospital he spent time dictating letters to his wife, Margaret, and received visitors; however, he fell unconscious on 18th February and died on the 19th. In his wishes for his funeral he had detailed his desire to be cremated. Also according to his wishes, his urn was placed in the sea off the Old Head in Kinsale, and his brother Anthony, who had died in August 1971, had his ashes placed at the same time.A small flotilla followed the Able Seaman, which carried the ashes, and when the urns were lowered into the water, the fishing boats sounded their sirens

#Scotland #scottish #filmmaker #documentary maker #pioneer filmaker #history

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ruangraevolusi · 4 months

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Countering the Poison of Democracy: Preventing Money Politics for Clean Elections

The 2024 election is just around the corner. The heat is starting to be felt, not only from the scorching sun, but also from the evil practice that often erodes the democratic feast: money politics. The practice of giving money, goods, or other rewards to influence the votes of voters is like poison that slowly but surely erodes the pillars of democracy. However, like poison, money politics can also be prevented. Let's discuss together how to do it!

1. Strengthening the Integrity of Election Organizers:

The key to the success of a clean election lies in the integrity of the election organizers. The Election Supervisory Agency (Bawaslu) and the General Election Commission (KPU) must be equipped with resources, training, and strict monitoring mechanisms to prevent political interference and bribery. Transparency of campaign finances and complaint reporting also needs to be strengthened to snare violators.

2. Smart Society, Choose Based on Vision:

The community is the main actor in fighting money politics. Massive political education on the negative impact of this practice must continue to be intensified. Voters are equipped with knowledge so that they are not easily tempted by material seduction alone. They should be encouraged to choose based on the vision, mission, and track record of the candidate, not because of the lure of money for a moment.

3. Active Role of Civil Society Organizations and the Media:

Civil society organizations and the media also play an important role. Through socialization, monitoring, and investigative coverage activities, they become reminders and supervisors so that dirty practices do not escape public scrutiny. In addition, creative anti-money politics campaigns targeting young people through digital platforms can be a powerful weapon to raise awareness.

4. Strict Law Enforcement:

The law must be enforced strictly and without exception. Sanctions for money politics perpetrators, both givers and recipients, must be increased to deter. Increasing the capacity of law enforcement officials and ease of reporting violations also needs to be improved to facilitate law enforcement.

5. A Healthy Political Culture:

Efforts to prevent money politics will not be optimal without a change in the overall political culture. The community needs to be encouraged to uphold democratic values such as justice, honesty, and openness. Active participation in the democratization process, from political discussions to election monitoring, will strengthen a clean and healthy political climate.

Preventing money politics is not an easy task. It requires cooperation and commitment from various parties: election organizers, the community, the media, law enforcement officials, and all elements of the nation. However, with determination and concrete steps, we can ward off this poison of democracy and realize a clean, ethical, and uphold the sovereignty of the people in the 2024 election. Let's work together to create a healthy democratic feast and produce trustworthy leaders for a brighter future for Indonesia!

#pemilu 2024 #bawaslu #indonesia #democracy

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nurmalaevi · 5 months

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Webinar Denny Ja: Opening a Thousand Faces of Corruption

Jakarta, February 13, 2021 in order to provide a deeper understanding of the face of corruption that is miserable, webinar with the theme "Opening the veil of a thousand faces of corruption that is miserable" held by Denny Ja, a community leader who is very concerned with the eradication of corruption in Indonesia. This webinar is held online through the video conference platform on Saturday, February 20, 2021 at 09.00 WIB. The event was attended by more than 500 participants from various circles, ranging from anti -corruption activists, academics, students, to the general public. In this webinar, Denny JA discussed thoroughly various aspects of corruption experienced by the Indonesian people. He realized that corruption is not a new problem in this country, but it remains a problem that has not been resolved thoroughly. Therefore, through this webinar, Denny JA hopes to open the veil of a thousand faces of corruption that has been misery for Indonesian people. In his discussion, Denny JA highlighted several sectors that are often victims of corruption in Indonesia, such as the education, health, infrastructure and government sectors. He stressed that corruption not only harmed the country, but also harmed the community who should get good and fair service. In addition, Denny Ja also presents data and facts that illustrate the negative impact of corruption on community development and welfare. He hopes that data and facts can raise public awareness to participate in efforts to eradicate corruption. In this webinar, Denny Ja also provides solutions and strategies to overcome corruption in Indonesia. He invited the community to play an active role in eradicating corruption by involving themselves in the anti -corruption movement, providing education about integrity to the younger generation, and building a strong supervisory system. In addition to Denny Ja, this webinar also involved several leading speakers in the field of corruption eradication, such as the KPK (Corruption Eradication Commission), the Ministry of Law and Human Rights, and NGOs (NGOs) engaged in the fields of justice and anti -corruption. This webinar received a very positive response from the participants. They consider this webinar as an important first step in an effort to open the veil of a thousand faces of corruption in Indonesia. The participants also expressed their hopes that this kind of event would continue to be held as a forum for exchanging information and experience in eradicating corruption. Denny Ja is committed to continuing to hold webinars and other activities to increase public awareness about the dangers of corruption and involve more parties in efforts to eradicate corruption in Indonesia. Webinar "Opening the Veil of a Thousand Faces of Corruption That Is Misest" This is not the end of the struggle against corruption, but is a new start. Denny Ja believes that with the hard work and synergy between the government, the community, and all elements of the nation, Indonesia can become a state that is clean of corruption and is able to provide justice and prosperity for all its people. As participants in this webinar, let's support and be involved in efforts to eradicate corruption in Indonesia. Together, let us open the veil of a thousand faces of corruption and build a better future for this country.

Check more: Webinar Denny JA: Opening the veil of a thousand faces of corruption

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lukiblog · 5 months

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Webinar Denny Ja: Unraveling Corruption, Building Truth

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Indonesia has long been struggling against corruption, a social problem that damages the integrity and progress of the country. However, efforts to fight corruption must not stop. As a nation, we need to continue to encourage transparency, accountability, and truth. On May 15, 2021, Denny JA’s webinar with the theme “Unraveling Corruption, Building the Truth” was held with the aim of digging deeper about the roots of corruption and solutions that we can apply. This webinar is a collaboration effort between Denny JA, a vocal community leader in combating corruption, and experts in the field of law and corruption eradication. Denny JA, an anti -corruption activist who has long been fighting against social illness, shares his views on the urgency of building truth in Indonesia. According to him, corruption is not only a financial problem, but also involves moral and ethical aspects. In this webinar, Denny Ja invites participants to see corruption as a crime that harms many people and attacks the principles of justice. During the webinar, legal experts and corruption eradication also provided insight and in -depth understanding of the issue of corruption in Indonesia. They identify several factors that influence corruption, such as low legal awareness, weak supervision, and the existence of gaps in the government system. One of the solutions discussed in this webinar is the need to increase legal awareness in the community. Experts provide examples of the importance of legal education early on in teaching the values of integrity and anti -corruption to the younger generation. By building strong legal awareness, it is hoped that we can prevent cases of corruption in the future. In addition, this webinar also discusses the importance of building an effective supervision system. Experts emphasize the need to strengthen the supervisory agency such as the Corruption Eradication Commission (KPK) and the Ombudsman to ensure transparency and accountability in government. In this context, active community participation is also considered important to fight corruption. When people have good knowledge and involvement, they can act as an effective supervisor and prevent corruption practices. This webinar also provides space for the exchange of ideas and experiences between the participants. Fierce discussions and various views become an important part of building truth. Through this webinar, students and researchers, legal practitioners, and the general public can learn from each other and embrace differences to create better solutions. Not only providing insight and understanding, this webinar also inspires participants to continue to move forward in combating corruption. Through the success story and experience of Denny Ja in fighting corruption, the participants were given motivation and enthusiasm to commit in maintaining integrity and building truth in Indonesia. Webinar Denny Ja: Unraveling corruption, building truth is a positive step in fighting corruption in Indonesia. By involving various parties, including community leaders, legal experts, and the general public, we can work together against corruption and build the truth.

Check more: Webinar Denny Ja: Unraveling Corruption, Building the Truth

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crimechannels · 6 months

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By • Olalekan Fagbade JUST IN; INEC deploys 9 RECs ahead of Saturday’s Gubernatorial elections - Chairman The Independent National Electoral Commission (INEC) says it has deployed nine additional Residents Electoral Commissioners (REC) in Imo for Saturday’s governorship poll. The Chairman of the commission, Prof. Mahmood Yakubu, disclosed this at a stakeholders’ meeting in Owerri on Monday. The meeting was attended by governorship candidates, chairmen and secretaries of the political parties participating in the election as well as representatives of Civil Society Organisations. Yakubu, represented by a National Commissioner in-charge of the South-East, Mr Kenneth Ukeagu, said the RECs were drawn from Cross Rivers, Niger, Plateau, Bauchi, Oyo, Katsina, Gombe and Yobe States. He also said that the Administrative Secretary of the Commission in Ekiti was among those deployed to provide supervisory support at the local government level. Fielding questions from the stakeholders, the INEC boss allayed the fear that the Bimodal Voter Accreditation System (BVAS) had been compromised. “We have configured the BVAS and carried out mock accreditation in the state. “There will be no foreign figures in the BVAS at the polling units. “We are confident that BVAS will work effectively,” he assured the participants. Yakubu also debunked insinuations by some stakeholders that the collation centers had been moved from the designated centers to Local Government Headquarters. The INEC chief further announced that non-sensitive materials had been conveyed to the commission’s offices in the 27 Local Government Areas of the state. “The commission has mobilised the National Union of Road Transport Workers to ensure timely movement of election materials to the polling units,” he said. On the agitation for the redeployment of.the state REC, Prof. Sylvia Agu, the chairman said that such transfer or removal could only be done, if there was evidence of the allegations against her. “We have to be convinced with evidence that she has done wrong before we can take action. “As it stands now, we have no reason to remove the Imo REC,” Yakubu said. He appealed to voters to turn out en masse to exercise their franchise, assuring them that the commission was determined to ensure that their votes count. Speaking on behalf of the Police, ACP Musa Abdullahi, urged voters and residents of the state to disregard calls for a lockdown by the proscribed Indigenous People of Biafra. “We are prepared to defend and protect lives and property as much as we can with the resources available,” Abdullahi said. The News Agency of Nigeria (NAN) reports that the meeting had earlier turned rowdy, when INEC chairman’s representative requested journalists to leave the venue. However, members of the Peoples Democratic Party and Labour Party kicked against the request and insisted that the media must cover the interaction or they would stage a walkout themselves. Ukeagu later restored normalcy in the hall when he finally bowed to the pressure to allow the media at the meeting. (NAN) #INECredeploys9RECsaheadofSaturday’sguberelections

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ervinafindy · 6 months

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Denny Ja: Building Indonesia: A Chain of Corruption that Never Disconnected

Corruption is a big problem for Indonesia. Over the years, the community demanded strict action against corruption. However, corruption never stopped and continued to damage Indonesia. Therefore, Denny JA, a social and political activist, tries to build Indonesia in a different way: change state governance and become an example for future generations. Denny JA always struggles to provide solutions to Indonesia's big problems. One way he proposed is to improve the state governance system. According to him, good state governance will reduce corruption. This starts from a transparent, accountable, and open government to the community. Denny JA also stressed the importance of the independence of institutions such as the Corruption Eradication Commission (KPK) and the Attorney General's Office in eradicating corruption. In his efforts to improve state governance, Denny Ja also tried to educate the public about the importance of supervision of government. He established a community supervisory agency, such as the Legal Aid Institute (LBH) and the Indonesia Corruption Watch (ICW). These institutions aim to provide understanding to the public about good state governance and provide support in eradicating corruption. However, Denny Ja's efforts in developing Indonesia are inseparable from obstacles. One of them is the resistance and discomfort of individuals who do not like being monitored or responsible for their acts of corruption. Therefore, Denny Ja often experiences pressure and threats. But, he continues to fight and become an example for future generations to develop innovative ideas and have a strong commitment in developing Indonesia. In an effort to improve state governance, Denny Ja also does not only rely on government and community institutions. He also fought for peace and resolution of conflict between tribes, religions, and ethnicities in Indonesia. According to Denny Ja, the difference is not a problem, as long as we are able to respect each other and support each other. With our diversity, we can become a nation that is stronger and more competitive in the international arena. As an activist, Denny Ja also encourages young people to be involved in social and political movements. He believes that young people are the main change of change. Therefore, he established a political school and leadership training to help young people hone their talents and abilities in conveying good ideas and ideas. Denny Ja also never tired in promoting the values of pluralism in society. He stressed the importance of tolerance and respecting differences in establishing peace and cooperation between us. By building an inclusive society, we can create a good and peaceful environment for everyone. In his efforts to build Indonesia, Denny Ja also often calls on the importance of awareness of the survival of the environment. He believes that the sustainability of human life is very dependent on the sustainability of the environment. Therefore, we must protect the environment and care for it well for future generations. Denny Ja has always campaigned for the importance of paying taxes, as a good citizen to the country. He realized that a lot of government projects and programs focused on the welfare of the people, but were constrained by the lack of state revenue from taxes. Therefore, he invited all Indonesian citizens to increase awareness of the importance of paying taxes correctly. Denny Ja invites all of us to fight together to build a better Indonesia. His struggle and attention to Indonesia and the community have been proven and touched many people. Over the years, he brought changes in state governance, building an inclusive society, promoting the values of pluralism, and protecting our environment. Therefore, Denny Ja is an inspiring figure and should be emulated by all generations.

Check more: Denny JA: Building Indonesia: The Chain of Corruption that Never Breaks

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ailtrahq · 7 months

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South Korea joins a growing number of nations researching central bank digital currencies (CBDCs). The Bank of Korea (BOK) will launch the pilot project, exploring the technical infrastructure for a digital currency. The joint announcement of the CBDC pilot by the BOK, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) was published on Oct.4. According to the document, the project will assess the viability of a future monetary system grounded on "wholesale CBDCs."The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will support it with technical expertise. The BOK is going to test both retail and wholesale types of CBDC. Within the experimental framework of the latter, the banks will tokenize their deposits and circulate them in the network, monitored by the BOK, FSC and FSS. The live testing of the retail CBDC should begin right after the system setup in Q4 2024. As it usually goes with the CBDC tests, the BOK notes that the exploring doesn’t equal the inevitable implementation. However, the First Deputy Governor of the FSS, Lee Myung-soon, called the pilot a step to the future monetary system:"The BOK has persistently pursued technological research related to CBDC. This test, building upon past achievements, represents a significant step towards creating a prototype for the future monetary system."These words resonated with a statement made by one of the chief executives of France’s Central Bank on Sept. 3. In his speech, Denis Beau, the first deputy governor at Banque de France, called the CBDC “the catalyst for improving cross-border payments by enabling the build-up of a new international monetary system.”

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comradefeed · 8 months

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The Independent National Electoral Commission (INEC) has officially commenced recruitment of Nigerians interested in serving as ad hoc staff members during the upcoming off-cycle gubernatorial elect...

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beardedmrbean · 9 months

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"The Governing Council of the Bulgarian National Bank has united around the idea of reproducing the design of the current exchange coins, which will ensure continuity in the monetary signs used and will facilitate the recognition of the new currency by Bulgarian citizens, namely: the Madara Rider - on the small coins; St. John of Rila - on the 1 euro coin; and Paisius of Hilendar - on the 2 euro coin," reported BNB Governor Dimitar Radev in an interview with BTA.

On the national side of the Bulgarian euro coins, the word "Bulgaria" will be written in Cyrillic (България), as well as the word "euro" (евро) - (for the 1 and 2 euro coins) and "stotinka", respectively "стотинка" (for the 1, 2, 5, 10, 20 and 50 euro cent coins).

On the face of the largest 2-euro coin, it is planned to write a text in Cyrillic "GOD, PROTECT BULGARIA" (БОЖЕ, ПАЗИ БЪЛГАРИЯ), which is in accordance with the Bulgarian historical traditions in coinage, added Radev.

The development of the artistic projects that will be submitted to the Coordination Council for the preparation of Bulgaria for membership in the Eurozone is pending. After their final approval, the projects will be presented to the Council of the European Union, the European Commission and the member states of the Eurozone.

Radev is convinced that January 1, 2025 remains a realistic date for Bulgaria's admission to the Eurozone, "if we do the right things and fulfill the necessary conditions with a focus on inflation." The BNB banking sector will be ready for the introduction of the euro far before the deadline - he assures.

The governor points to inflation and economic growth as macroeconomic risks facing the country, which are influenced not only by external factors, but also internal ones, more specifically - the development of monetary and fiscal conditions in the country.

"The BNB is conducting a systematic and consistent policy of tightening monetary conditions. The latest step in this regard, effective from July 1 of this year, is the 12% increase in the mandatory minimum reserves that banks must keep in the BNB. In practice, this means withdrawing several billion leva from commercial banks. The goal is to reduce banks' credit expansion, primarily in the segment of housing loans. This will push down demand and consumption, and therefore inflation." said Radev.

The rates of credit expansion are decreasing - his observations indicate.

"We are influencing the process through three groups of measures. First, using the available monetary policy instruments - for example, the already indicated decision to increase the minimum reserve requirements. Second, using the supervisory and macroprudential policy instruments - for example, the increase in the countercyclical capital buffer. And third, accelerating the transmission of the ECB's monetary policy, which pursues the same goal. We are closely monitoring the process and are ready to activate additional measures if this is necessary."

According to him, an increase in interest rates on both loans and deposits can be more clearly defined towards the end of this year and next year.

#nunyas news

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hardynwa · 10 months

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Reps to probe appointments by MDAs

The House of Representatives on Tuesday resolved to set up an ad-hoc committee to ask the Federal Character Commission to make available to it, details of appointments undertaken by Federal Ministries, Departments and Agencies under its jurisdiction between 2015–2023. The resolution was made following the adoption of a motion titled “Need to compel the Federal Character Commission to diligently discharge its constitutional and statutory mandate and responsibility” moved by Paul Nnamchi during Tuesday’s plenary. Nnamchi who represents Isi-Uzo/Enugu East Federal Constituency noted that the FCC Act was enacted in 1995 and enshrined in the Constitution of the Federal Republic of Nigeria, 1999 (as amended) with the primary responsibility to promote, monitor and enforce compliance with the principles of the equitable distribution of all bureaucratic, economic, media and political positions across all tiers of government. According to him, no other constitution in Nigeria’s history entrenched such regulatory body and vested same with powers to facilitate national integration through equitable, transparent and unbiased sharing of national wealth and public official positions. The federal lawmaker lamented that 28 years after the enactment aimed at national cohesion and equal opportunities, and twenty-four years after its constitutional entrenchment, public perception is that there is an unchecked domination of bureaucratic, economic, media and political positions by a section of the country to the detriment of others. “The FCC has virtually abdicated its constitutional and statutory responsibilities and degenerated into personality clash of interest amongst its commissioners as was the case about a year ago. He also noted that the 1999 Constitution empowers the National Assembly with the categorical powers under section 88(2) (6) to expose corruption, inefficiency or waste in the execution or administration of laws within its legislative competence and in the disbursement or administration of funds appropriated by it as “our core oversight and supervisory duty.” He further argued that by Order Seventeen, Rule 1 (a) b) of the Standing Orders of the House, all ministries, statutory agencies, bodies or corporations shall forward to the speaker all reports required by statute within three months of the close of the reporting period, and any violation of the same attracts sanctions as provided in the Legislative houses (Power and Privileges) Act, 2017. He also stressed that it is within the legislative competence of the National Assembly especially its relevant Committee when constituted, to compel the FCC to perform its discharge duties in accordance with the law. The committee has four weeks to submit its report for further legislative action Read the full article

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raducotarcea · 10 months

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altersabre · 11 months

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Demystifying IFRS: Essential Insights You Need to Know

For beginners, IFRS is really a difficult challenge with over 3,000 pages of English documents, written in an academic language.

History of IFRS

With the explosion of the global economy after World War II and the growth of multinational corporations, there was a need for a universal accounting language. This led to the creation of the International Accounting Standards Committee (IASC), a consortium of nine original member countries including Australia, Canada, France, Germany, Japan, Mexico, the Netherlands, and the United Kingdom. Great Britain/Northern Ireland and the United States. A major turning point for the IASC was the recognition by the International Organization of Securities Commissions (IOSCO) in 2000 that it issued a recommendation to member stock exchanges to allow or require listed companies to follow the 10 basics International Accounting Standards (IAS) at the time. This led to IAS becoming one of the mandatory requirements for listing on the world's major stock exchanges. In terms of operational organization, the IASC is merely an alliance instead of operating as a true "committee". After nearly 25 years of operation, in 1997, IASC realized that in order to continue to perform its role effectively, it had to find ways to bring about consolidation between accounting standards and practices in different countries. with global accounting standards. To do that, the IASC needs to reorganize its operations.

As a result, on April 1, 2001, the new International Accounting Standards Board (IASB) was born to replace the old IASC. In its first meeting, the IASB adopted the old International Accounting Standards (IAS) issued by the IASC and the Guidelines from the Accounting Standards Interpretation Committee (SIC). The IASB has since continued to develop new Standards and named them International Financial Reporting Standards (IFRS). After the recognition of IOSCO in 2000, another important step for IFRS was the mandatory application of IFRS in Europe under EC Directive 1606 which was approved by the European Parliament in July 2002. By regulation of this Directive, all members of the European Union and members of the European Economic Area (EEA) are required to apply IFRS on the financial statements of listed enterprises starting from the year ended December 31, 2005. Currently, IFRS has grown worldwide and according to the data published by the IASB, there are now 131/143 countries and territories (accounting for 93% of the countries surveyed by the IASB) that have declared about this allowing the application of IFRS in different forms. In many countries, IFRS has replaced all National Accounting Standards to facilitate the attraction of global investors.

IFRS issued by whom?

The IFRS Foundation is the organization behind the development and development of the IFRS Standards. This Foundation operates as a not-for-profit and public interest organization, incorporated under the laws of the State of Delaware, USA but registered as an offshore company in England and Wales with its head office. located in London, UK.

Management

The Oversight Board was established in January 2009 with the aim of establishing a formal link between the Trustees of the IFRS Foundation and public interest regulatory agencies to increase accountability for the IFRS Foundation. the public interest of the IFRS Foundation. It is the responsibility of the Oversight Board to ensure that the Trustees of the IFRS Foundation fulfill their obligations as defined in the Foundation's Constitution and to approve the appointment or re-appointment of the Trustees. The Oversight Board meets with the Trustees at least once a year or more often as appropriate. Members of the Supervisory Board include representatives of capital market regulatory agencies responsible for the form and content of financial statements such as the Emerging Markets Committee of the Organization of the National Securities Commission. (IOSCO), European Commission (EC), Japan Financial Services Authority (JFSA), United States Securities Commission (SEC), Brazilian Securities Commission (CVM), Financial Services Commission Korea (FSC), and Ministry of Finance of China. Basel's Banking Supervision Committee joins the Supervisory Board as an observer. Through the operation of the Supervisory Board, securities regulators can more effectively carry out their responsibilities to protect the interests of investors and the integrity of capital markets.

Member of IFRS Founders

The Trustees are responsible for the management and oversight of the IFRS Foundation and the International Accounting Standards Board (IASB). The Trustees are not involved in any technical aspects related to the IFRS Standards. The Trustees are accountable to the Fund Supervisory Board. The Trustees are appointed for a term of 3 years and can be reappointed.

International Standards Committee

The Committee is composed of a group of independent experts from a wide range of disciplines, such as experts with experience in the field of accounting standards development, auditors, accounting training specialists, and experts in the preparation and financial reporting practice. In addition, according to the provisions of the IFRS Foundation Constitution, experts must also come from different geographical regions. Committee members are responsible for developing and publishing IFRS Standards including the IFRS Standards for Small and Medium Enterprises. The Committee is also responsible for approving the IFRS Guidelines developed by the International Financial Reporting Standards Interpretation Committee (IFRIC). The members of the Committee are appointed by the Trustees of the Foundation through open and rigorous recruitment programs.

The International Financial Reporting Standards Committee (IFRIC) is the guiding body of the International Financial Reporting Standards Board (IASB). IFRIC is responsible for answering questions regarding the application of the Standards and for performing other work as required by the IASB. IFRIC consists of 14 members appointed by the Trustees of the Foundation. These members include experts with high expertise in the fields of international business and extensive experience in the application of the IFRS Standards. The importance of IFRS

IFRS is important to financial services and audits for a number of reasons:

1. Standardized financial statements

IFRS provides a standardized and globally recognized framework for financial reporting. This is important for financial services and audits because it ensures consistency and comparability in the presentation of financial statements. Standardization simplifies the audit process by providing a common set of rules and principles that auditors can rely on when examining financial records. IFRS provides a globally recognized and standardized framework for financial reporting.

2. Increased transparency

IFRS emphasizes transparency in financial reporting by requiring companies to provide clear, relevant, and reliable information. This is beneficial for financial services and audits as it improves the accuracy and completeness of financial reporting. Auditors can rely on the transparency provided by IFRS to more effectively assess the financial position and performance of companies. IFRS emphasizes transparency in financial reporting by requiring companies to provide clear, relevant and reliable information.

3. Facilitation of cross-border transactions

With the globalization of business activities, cross-border transactions are becoming more and more popular. IFRS facilitates these transactions by providing a common accounting language that crosses national borders. Auditing and financial services need to understand and apply IFRS to effectively deal with the complex issues associated with multinational companies and cross-border transactions.

IFRS facilitates cross-border transactions by providing a universally applicable accounting language

4. Ensure strict compliance and regulatory requirements with high quality

Many countries have adopted or converged their accounting standards with IFRS. Financial services and audits need to be proficient in IFRS to ensure compliance with regulatory requirements. They play an important role in helping companies comply with IFRS guidelines and help them prepare accurate financial statements that meet regulatory standards set by the competent authority.

Many countries have adopted or converged their accounting standards with IFRS.

5. Boost investor confidence and optimize decision-making

IFRS promotes transparency and comparability in financial reporting, which enhances investor confidence. Financial services and audits analyze and evaluate financial statements to provide insights and recommendations to investors. With the adoption of IFRS, financial professionals and auditors can provide more reliable information to investors, helping them make informed decisions about their investments.

IFRS promotes transparency and comparability in financial reporting, which enhances investor confidence.

6. Professional development and competitiveness

Finance and auditing professionals need to keep abreast of the latest developments in accounting standards to stay competitive in their fields. As IFRS is widely accepted and adopted internationally, IFRS knowledge and proficiency have become essential for professionals in the financial services and audit sectors. Staying up-to-date with IFRS ensures that professionals can deliver quality service and meet customer expectations.

IFRS facilitates professional development and competitiveness

In summary, IFRS is important for financial services and audits because it provides standardized financial reporting, enhances transparency, facilitates cross-border transactions, ensures compliance with regulatory requirements, enhances investor confidence, and contribute to the professional development and competitiveness of finance and audit professionals.

#rsm #audit #tax #consulting #ifrs

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binghalibgroupofcompanies · 11 months

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Electrical Control and Instrumentation

Electrical Control and Instrumentation (EC&I) play a crucial role in various industries, including manufacturing, power generation, oil and gas, and automation. It involves the design, installation, maintenance, and troubleshooting of electrical systems and instruments that monitor and control industrial processes. Here are some key aspects related to electrical control and instrumentation:

1. Control Systems: EC&I professionals are responsible for designing and implementing control systems that regulate and optimize industrial processes. This includes Programmable Logic Controllers (PLCs), Distributed Control Systems (DCS), Supervisory Control and Data Acquisition (SCADA) systems, and various other control devices.

2. Instrumentation: In EC&I, instrumentation refers to the measurement and monitoring of process variables such as temperature, pressure, flow rate, level, and pH. Instruments like sensors, transmitters, actuators, and control valves are used to collect data and provide feedback for efficient process control.

3. Electrical Power Distribution: EC&I experts ensure reliable and safe electrical power distribution throughout industrial facilities. This involves designing electrical panels, switchgear, transformers, and protective devices to manage power supply, protect equipment, and prevent electrical hazards.

4. Wiring and Cabling: Proper wiring and cabling are critical for the functioning of control and instrumentation systems. EC&I professionals handle the routing, connection, and termination of cables, ensuring compliance with industry standards and regulations.

5. Troubleshooting and Maintenance: EC&I personnel are skilled in diagnosing and resolving issues related to control systems, instruments, and electrical equipment. They perform routine maintenance, calibrations, and inspections to ensure optimal performance and prevent downtime.

6. Safety and Compliance: EC&I practitioners adhere to safety protocols and regulations to ensure the protection of personnel, equipment, and the environment. They conduct risk assessments, implement safety systems, and follow industry standards such as the International Electrotechnical Commission (IEC) and the National Electrical Code (NEC).

7. Process Optimization: EC&I professionals work closely with process engineers to optimize industrial operations. By analyzing data from control systems and instruments, they identify areas for improvement, implement control strategies, and enhance efficiency, productivity, and quality.

8. Integration of Automation: With the rise of Industry 4.0, EC&I experts are involved in the integration of automation technologies, including robotics, artificial intelligence, and machine learning. They collaborate with automation engineers to develop smart systems that enhance productivity and enable predictive maintenance.

9. Energy Efficiency: EC&I plays a vital role in achieving energy efficiency goals. Professionals in this field identify energy-intensive processes, implement energy management systems, and optimize control strategies to reduce energy consumption and minimize environmental impact.

10. Regulatory Compliance: EC&I practitioners stay updated with industry regulations, standards, and best practices. They ensure that control systems, instrumentation, and electrical installations meet legal requirements, industry guidelines, and customer specifications.

In summary, electrical control and instrumentation encompass the design, installation, maintenance, and optimization of control systems, instruments, and electrical infrastructure in various industrial settings. EC&I professionals contribute to the efficient and safe operation of processes while striving for continuous improvement and compliance with industry standards.

#Electrical Control and Instrumentation #Electrical Control and Instrumentation in Dubai #Electrical Control and Instrumentation in UAE

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economischief · 1 year

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Is Box-Ticking Really That Bad? A Tale of ECB Bank Supervisors and the Unlikely Heroes They Are

Once upon a time, in a land filled with numbers and complicated banking regulations, there lived a group of unassuming heroes. They were the bank supervisors of the European Central Bank (ECB). Now, you might think of them as just "box-tickers," but they played a vital role in maintaining financial stability.

A recent report commissioned by the ECB reviewed its banking supervision practices and found some rather interesting things. The report, while not directly accusing the supervisors of being box-tickers, certainly alluded to a culture that favored routine and inflexibility over innovation and adaptability. This culture was embodied by IMAS, a computer system used by the ECB, which dictated how banking supervision was executed and had a significant impact on the supervisory culture.

Now, you might be thinking, "What's the big deal? Surely, there are worse things than a few box-tickers keeping banks in check?" Well, the reviewers believed that the IMAS system was too inflexible and outdated, leading to supervisors spending too much time on completing standard templates rather than truly understanding banks and their business models. This could be one reason why the "annual" supervisory review process could take up to fourteen months from start to finish.

As a result, the ECB was advised to update and improve IMAS, as well as overhaul the supervisory culture to become more forward-looking, analytical, risk-sensitive, and responsive. Sounds fantastic, right?

Well, hold your horses. While the supervisory culture might be a bit rigid, the purpose of bank supervision is, after all, to provide financial stability, not intellectually rewarding employment. And on that front, the ECB hasn't done too poorly. Remember Wirecard? That wasn't the ECB's fault; that was BaFin's mess.

Now, the ECB's supervisory system has a good reason for being so prescriptive: it's only a decade old and had to be cobbled together from various national authorities. This meant that they had to find common ground and even deal with a lack of trust among different authorities. To this day, there's a rule stating that the supervisory team for any bank can't be led by someone of the same nationality as the bank's headquarters.

And that little bit of mistrust might just be the secret ingredient in the ECB's success. The constant risk of regulatory capture looms large, and being too chummy with the banks can lead to bad habits. But a good old box-ticker, armed with a simple square box and a tick, can stand firm against the persuasive CEO or CRO who tries to bend the rules.

So, while the ECB might want to make some changes, they should think twice about discarding the humble box-ticker completely. Because sometimes, a little box-ticking can go a long way in maintaining financial stability in a world of ever-changing risks and challenges.

And so, our story of the unlikely heroes, the box-ticking ECB bank supervisors, continues. They might not be the flashiest or most creative bunch, but they help keep the financial world safe, one tick at a time. And in the end, isn't that what really matters?

#breaking news #economy #finance #business news #headlines today news #news #latest news #trending news #ecb #financial stability #Bank Supervisors #europe #europa #euro

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meghalayacareer · 1 year

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NLUM Shillong Recruitment 2023: Officer, Staff & Other Vacancy (50 Posts)

NLUM Shillong Recruitment 2023: The National Law University of Meghalaya (NLUM), Shillong has released an employment notification for the recruitment of 50 Officers, Medical Officers, counselors, Support Staff, professors, Assistants other positions under different categories. The last date for submission of the application is May 15, 2023. 1. Post Name: Deputy Registrar - No. of vacancy: 01 (One) - Qualification: Master's Degree with at least for direct recruitment 55% marks or its equivalent grade of 'B' in the UGC 7-point scale from recognized Universities/Institutes of repute and consistently good academic records. - Experience: 5 years of experience as Assistant 4 Professor in a reputed Organisation with experience in educational administration OR Comparable experience in research establishment and/or other Institutions of higher education OR 5 years of administrative experience as Assistant Registrar or in an equivalent post in NLUs/IITs/University system/Research Institute/Central Government Departments. - Pay Level: 12A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 42 Years. 2. Post Name: Assistant Registrar - No. of vacancy: 01 (One) - Qualification: Master's Degree with at least 55% required for direct recruitment marks or its equivalent grade of ‘B' in the UGC 7-point scale from recognized Universities/Institutes of repute and consistently good academic records. - Experience: (i) At least 3 years of relevant experience at the supervisory level at least or equivalent in a reputed Educational Institute/University System/Research Institute/Central Government Department; (ii) Experience in Computer Systems & Applications, Office Automation. - Pay Level: 10A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 35 Years. 3. Post Name: Assistant Registrar - No. of vacancy: 04 (Four) - Qualification: Master's Degree with at least 55% required for direct recruitment marks or its equivalent grade of ‘B' in the UGC 7-point scale from recognized Universities/Institutes of repute and consistently good academic records. - Experience: (i) 1-3 years of relevant experience at the supervisory level at least in GP of Rs. 4200/- or equivalent in a reputed Educational Institute/University System/Research Institute/Central Government Department; (ii) Experience in Computer System & Applications, Office Automation. - Pay Level: 10A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 35 Years. 4. Post Name: Medical Officer - No. of vacancy: 01 (One) - Qualification: MBBS degree from a reputed and recognized university with minimum 55% marks or equivalent grade point average and at least 3 years working experience after the degree in a reputed hospital in Government/PSU/Private Sector. - Pay Level: 15A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 35 Years. 5. Post Name: Counsellor - No. of vacancy: 01 (One) - Qualification: Master’s degree in Psychology with specialization in clinical/social psychology with 2 years of experience in psychological counseling in a Clinical, Medical, or Academic institution of repute. - Experience: (i) M. Phil in Clinical Psychology with 1st class, along with at least 2 years of relevant experience. OR MA in Clinical Psychology with 1st Class along with 3 years of relevant experience. - Pay Level: 8A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 35 Years. 6. Post Name: Executive Officer - No. of vacancy: 01 (One) - Qualification: Bachelor's Degree in Engineering with 1st Class or equivalent OR Master's Degree in other than Engineering such as Arts/Science/etc with a minimum 55% marks or its equivalent grade of 'B' in the UGC 7-point scale from a recognized University/Institute of repute. - Experience: At least three years of relevant working experience in the following areas at the supervisory level in a reputed Organisation/institution. - Desirable: Preference will be given to candidates possessing an MBA Degree. - Pay Level: 18A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 35 Years. 7. Post Name: Systems/Software/Network Analyst - No. of vacancy: 03 (Three) - Qualification: First class B.E./B. Tech/MSc. Degree or equivalent in Computer Science and Engineering or Information Technology or equivalent or MCA from a recognized University/Institute of repute and at least 2 years of relevant experience. - Pay Level: 18A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 35 Years. 8. Post Name: Assistant Accounts Officer - No. of vacancy: 01 (One) - Qualification: Bachelor’s degree In Commerce or BBA (finance) or MBA (Finance) with 3 years of relevant experience. - Pay Level: 11A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 30 Years. 9. Post Name: Senior Administrative Assistant (Upper Division Assistant - UDA) - No. of vacancy: 04 (Four) - Qualification: Bachelor's Degree with 3 years of relevant experience as Junior Assistant/LDA or equivalent and knowledge of Computer office applications like MS Word, MS Excel, etc, and exposure to office procedures like maintenance of Files, Noting, Drafting, etc. are essential. - Pay Level: 12A, according to the Government of Meghalaya pay structure. - Age limit: Not exceeding 27 Years. 10. Post Name: Junior Administrative Assistant (Lower Division Assistant - LDA) - No. of vacancy: 07 (Seven) - Qualification: Bachelor's Degree with knowledge of Computer office applications like MS Word, MS Excel, etc. - Domain Expert: Computer Typing skill of 35 wpm (Equiv. to 10,500 KDPH) with an average of 5 key depressions for each word. - Pay Level: 6A, according to the Government of Meghalaya pay structure. - Age limit: Between 18 and 25 years. 11. Post Name: Driver - No. of vacancy: 03 (Three) - Qualification: Secondary Pass with Driving License of both light and heavy(desirable) duty vehicles with 3 years of driving and maintenance experience OR Secondary Pass with ITI course (automobile or equivalent} In a relevant field with the Driving license of both heavy and light duty vehicles with 2 years relevant experience. - Pay Level: 3A, according to the Government of Meghalaya pay structure. - Age limit: Between 18 and 25 years. 12. Post Name: Multi-Tasking - No. of vacancy: 08 (Eight) - Qualification: Matriculation or equivalent pass from a recognized board. - Pay Level: 1A, according to the Government of Meghalaya pay structure. - Age limit: Between 18-40 years. 13. Post Name: Associate Professor - No. of vacancy: 05 (Five) - Qualification: Check the Official Advertisement. - Pay Level: 13A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 42 years. 14. Post Name: Assistant Professor - No. of vacancy: 09 (Nine) - Qualification: Check the Official Advertisement. - Pay Level: 12A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 38 years. 15. Post Name: Assistant Librarian and/or Officer of Knowledge Management system - No. of vacancy: 01 (One) - Qualification: Check the Official Advertisement. - Pay Level: 10A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 35 years. 16. Post Name: Assistant Director of Physical Education and Sports - No. of vacancy: 01 (One) - Qualification: Check the Official Advertisement. - Pay Level: 10A, as per the Central University 7th Pay Commission. - Age limit: Not exceeding 35 years. How to Apply for NLUM Shillong Recruitment 2023? Interested and eligible candidates may apply online for this vacancy through online mode by visiting the official Meghalaya High Court (MHC) Recruitment Portal. Candidates may follow the below-mentioned steps to apply for NLUM Shillong Recruitment 2023. Candidates may follow the below-mentioned steps to apply online. - Scroll down, and go to below Online Application Link. - Click on "Apply Online" and complete the registration process by clicking "New Registration". - In the next stage, click on the "Online Application" Link and log in. - Fill out your all personal and educational details and upload the necessary documents. - In the end, submit the form. - Don't forget to take a print of a copy of the submitted application form. Those who wish to apply are advised to go through the below official notification in detail before submitting applications. Online Application Link Click Here Download Official Notification Click Here Job Updates on Telegram Click Here Read the full article

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