The value of having good cash management and liquidity forecasting solutions in place has never been as important and appreciated as it is today. Never before have the eyes of the CFO and CEO been more focused on the cash flow and cash balance than they are now.
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The International Accounting Standards Board (IASB) has just released a new guide to fair value accounting in inactive markets. This is a reaction to the criticism that has blamed the banking crisis on fair value accounting.
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