Tiempos Turbulentos
23 Apr 2009
Deloitte (Colombia) has published the Spanish translation of a Deloitte (United States) accounting alert:
- Tiempos Turbulentos 2nd edición: Consideraciones contables clave en los mercados volátiles del presente (PDF 201k)
- Spanish version of Accounting Alert – Turbulent Times: Key Accounting Considerations in Today's Volatile Markets (PDF 172k)
- determining fair values in inactive markets,
- revised projections of economic outlook indicating impairment and lack of recoverability for many assets,
- reduced availability of credit and increasing cost of finance,
- increased levels of bankruptcy,
- the impacts on hedge accounting, and
- critical enhanced disclosure requirements.
