Archive » October 2012 » 10 October 2012 The english news from 10 October 2012

  • Negative surprise from inflation in September

    Monthly inflation rate came in at 1.2% mom in September, substantially above our expectations (0.6% mom) and market consensus (+0.5% mom). In September, the annual inflation rate jumped to 5.3% yoy from 3.9% yoy in August. …

  • Deloitte Audit: When capital markets know no boundaries. A common language makes all the difference IFRS conversion: What does it mean?

    Following the June Order 881 of the Ministry of Finance, listed companies are required to comply with the International Financial Reporting Standards (IFRS) starting FY 2012. From now on, all companies listed on the Bucharest Stock Exchange (BVB) will have to report under IFRS; also, companies seeking a listing will be required to present financial track records in accordance with IFRS, while unlisted companies dealing with IFRS reporters might also have to comply with these new accounting requirements. …

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