The Directors are responsible for preparing financial statements for each financial year in accordance with the Financial Reporting Standards (FRSs) and general accounting practice. The statements must give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. This requires the faithful representation of the effects of transactions, other events and conditions in accordance with...more
Pension Release, sometimes know as Pensions Unlocking, is the term used when people want to release funds from a pension early. It applies to both Occupational Pension Schemes (whether they are Defined Contribution or Defined Benefit) and Personal Pensions.There is an age restriction that applies, which means you must be aged 50 or over. In 2010 this minimum age is increasing to 55.Occupational pensions work in a different way from personal...more
The Directors are responsible for preparing financial statements for each financial year in accordance with the Financial Reporting Standards (FRSs) and general accounting practice. The statements must give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. This requires the faithful representation of the effects of transactions, other events and conditions in accordance with reporting standards.Preparing the Annual financial statement is a tedious task which needs meticulous processing of records of financial transactions. At Rikvin our experts can minimize the pressure on your in-house resources by helping you in * selecting and applying suitable accounting policies * preparing financial statements in line with the International accounting standards * presenting information, including accounting policies, in a manner that provides relevant, reliable, comparable and understandable information * providing additional disclosures to enable clear understanding of transactions, other events and conditions on the entitys financial position and financial performanceCompanies are legally obliged to include a...more
Early retirement means different things to different people. In fact, the word "retirement may even have differing meanings depending on your age. Prior to the 1930s, there really was no such thing as retirement. Work was just a normal part of the day and people worked and worked and then, later in their years, would simply reduce the amount or...more
There are many reasons why homeowners choose to sell their property fast. Be it accumulating debts, repossession, the need to relocate, divorce, inheritance, or any other, finding a means to quick sale is what every seller wishes for. Undoubtedly, the most obvious reason why a homeowner would need to sell his or her property fast is financial...more
One of the most important tools that financial graduates need for professional success is computational finance. This study combines computer analysis, mathematics and financial knowledge to assess the total risk of specific types of investments. Computational finance is used a variety of situations in financing to increase information available to clients who are concerned about a volatile economy. There are numerous jobs available for financial graduates conversant in computational finance. The use of risk management and computer analysis in the financial industry can help investment professionals provide sound advice to clients. Investment funds are notoriously fickle during periods of economic growth and decline. These funds are favored by financial advisors who arrange high-growth and high-risk retirement accounts for clients. Computational finance allows financial graduates to analyze investment fund histories as well as independent market factors to forecast returns for clients. Another area where computational finance helps financial graduates is the murky market for derivatives and junk bonds. Derivative contracts allow investors to make significant profits off of upward...more
Even though homeowners have always been able to get a home loan modification, recently the process has become a topic of conversation because of the downturn in the economy. Today renegotiating has become commonplace. However, there are still much...more
If you are struggling to make your monthly payments, it is a relief to learn about the possibility of a loan modification. It is a terrible feeling to live in fear of defaulting on your mortgage and losing your house to foreclosure. A loan...more
Knitting should be an exceptionally relaxing and enjoyable craft. So long as you are able to hold two knitting needles and know your left from your right (most of the time) and read some quite simple instructions, you'll be able to...more
Blaming free market capitalism for our economic problems is accusing a ghost. It has been dead for a long time. It was first stabbed in the back in 1913 when the U.S. Congress passed the Federal Reserve Act and the United States Revenue Act (creating...more
Refinancing a mobile home is a little different than refinancing a regular home, but it can be done. First you need to determine what type of mobile home you have. Mobile homes, manufactured homes and modular homes are all commonly referred to as...more
Dubai is the city of choice for the rich and famous and is quickly becoming a favorite hotspot for celebrities ready to flash the cash. Holiday makers are lured here by the luxurious surroundings, white sandy beaches and glorious heat....more