The advisers were less welcoming, however, of the IASB’s proposed changes to the treatment of so-called special events, with Lane Clark & Peacock partner Tim Marklew slamming the proposals as “unnecessary tinkering”.Alex Waite, a partner with Lane Clark & Peacock, added: “Whether or not a company must show an extra liability on the balance sheet often depends on a ‘legal lottery’ of what the small print of the scheme’s trust deed and rules say, leading to big inconsistencies from company to company.”He warned that such funding liabilities could end up being much bigger than the normal deficit figure calculated under IAS 19.And Aon Hewitt consultant Simon Robinson said he agreed with the view the changes to IFRIC 14 were less onerous than first feared in some quarters.“Initially, references during the committee’s discussions to actions that trustees could take to stop a sponsor from using any surplus suggested that almost no UK pension would be able to recognise a surplus,” he said.“We then saw the committee draw a distinction between a buy-in and a buyout, which reined-in the scope of any adverse impact on surplus recognition because vanishingly few trustees have a unilateral right to buy out benefits.“This is a fairly arbitrary distinction, and, although I can see where they are coming from, economically, the two are virtually the same. It would have to be pretty extreme circumstances for a buy-in and a buyout to have different economic impacts.”The amendment to IAS 19 and IFRIC 14 were developed by the IFRS Interpretations Committee (IFRS IC), responsible for interpreting the requirements of IFRSs such as IAS 19.The IFRS IC’s predecessor issued IFRIC 14 in 2007 to provide guidance on the application of the asset-ceiling requirements of the pensions standard.Paragraph 58 of IAS 19 limits the measurement of a DB asset to the “present value of economic benefits available in the form” of refunds from the plan or reductions in future contributions to the plan.IFRIC 14 also deals with the interaction between a minimum funding requirement and the restriction in paragraph 58 on the measurement of the DB asset or liability.When a DB plan sponsor applies IAS 19, it must first measure the DB obligation using the projected unit credit method on the one hand and fair value any plan assets on the other.This calculation will produce either a DB asset or liability at the balance sheet date.Where a plan is in surplus, the sponsor recognises the lower of any surplus and the IAS 19 asset ceiling.An unidentified source has asked the committee to consider whether preparers should take account of events that might disrupt the plan unfolding in line with the IAS 19 assumptions when they apply IFRIC 14.The IFRS IC explored the issue during its March, May, July and September meetings last year.Based on those discussions, advisers, among them Aon Hewitt, warned of the potential adverse impact of any changes to IFRIC 14 on DB schemes.Alongside the amendment to IFRIC 14, the IASB has also proposed a change addressing the assumptions DB plan sponsors must use in their pensions accounting following a plan amendment, settlement or curtailment.LCP partner Tim Marklew said: “In my view, the proposed new rules will, if adopted, make the calculation of company pension costs more complicated and more unpredictable, without providing any extra useful information. “This looks like unnecessary tinkering with the rules, and we will be urging the IASB to reconsider whether to go ahead with these amendments. “Meanwhile, companies planning changes to their pension schemes should bear in mind the potential impact of these proposals on their future pension costs.”Simon Robinson added: “This change aligns IFRS with US GAAP. It requires you to remeasure the whole of the P&L effect of an exceptional event such as a settlement on a scheme from the date of the settlement going forward.“Although I don’t think this change will make a huge difference, it will be more onerous on sponsors. It will certainly add a lot of complexity. If you have an event like a curtailment that only affects a small number of members, you will nonetheless have to remeasure the whole scheme.”He added that there were also potential issues ahead with a proposed change to paragraph 64 of IAS 19 that forms part of the special-event amendment.“Again, this change is not without its problems,” he said. “If you have a settlement that hasn’t cost the sponsor anything, why should it reduce the company’s balance sheet?“I don’t think it is reasonable to impose a P&L charge on a company for using an asset that IAS 19 tells it isn’t an asset. One way out of this situation would be the old FRS 17 approach under UK GAAP, which allowed companies to offset any unrecognised surplus.”Interested parties have until 19 October to comment on the proposal The International Accounting Standards Board has issued two proposed amendments to International Accounting Standard 19, Employee Benefits (IAS 19) and its related asset-ceiling recognition guidance.The changes address how defined benefit (DB) plan sponsors reflect funding contributions agreed with their trustees as an extra liability on the company’s balance sheet, and assess their accounting assumptions following a special event such as a DB plan amendment, settlement or curtailment.Advisers have broadly welcomed the changes to IFRIC 14 but warn that DB schemes must pay close attention to the proposals.Towers Watson consultant Eric Steedman said: “The proposed amendment addresses a long-standing ambiguity in the application of IFRIC 14 for entities that have an unconditional right to a refund of surplus after a plan has run-off, but that do not have an unconditional right to ensure a ‘business-as-usual’ run-off happens.”
Gardaí are investigating after a man was badly assaulted on Upper Main Street Letterkenny last week.The man sustained facial injuries in the attack, which took place outside a takeaway on Wednesday the 1st of May at around 10.15pm.Gardaí are appealing for witnesses to come forward if they were in the area and saw anything or have any information in relation to the assault. Gardaí can be contacted at Letterkenny Garda Station on 074/9167100 or on the Garda Confidential line on 1800 666 111. Man suffers facial injuries in Letterkenny attack was last modified: May 7th, 2019 by Caitlin LairdShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:assaultgarda appealletterkennywitness appeal
Situated at the foot of the Sentinel Mountain outside Hout Bay, Western Cape, the Dungeons has for years been a popular, but challenging surfing spot for both locals and globetrotting surfing adventurers.[Monday Mind Surf] Starving for the next swell? Fill up on this sweet Dungeonsslab- https://t.co/VJS5pZUnFo pic.twitter.com/OPMRJDnC8u—Zigzag – SA Surf Mag (@Zigzagsurf) August 29,2016Voted as one of the must-surf ‘big wave’ destinations by numerous international surfing experts, the Dungeons’ distinctive giant swells are few and far between, but always worth the wait.Thisis a barreling Dungeons set!! (Found at http://t.co/33qXyKVYEL) #surf #barrel #getLifted #surfing #surfingPhoto pic.twitter.com/2bs9RtTWwu—HomeGrownClone (@homegrownclone) August27, 2014The big waves usually occur more frequently during the South African winter, generated from Southern Hemisphere ocean storms known as the Roaring Forties. This year, the pinnacle of the Dungeons’ power was on 24 August with local and international surfers, some of whom wait months on the shoreline for the big wave season, fully prepared to take on the legendary wave.The Dungeons was first ridden in 1984 by Cape Town surfers Pierre de Villiers and Peter Button. Ten years later, the advancement of surfing equipment such as lighter boards and better wetsuits allowed others to tackle this mythical Cape of Storms beast.Wave swells of over 14m due to the combination of wind conditions and the reef layouts have been recorded at Dungeons.The more common 3m to 4m waves, however, are not for the fainthearted. Sportswriter Steve Barilotti calls the Dungeons “a deadly prima donna of a wave, not to mention a favourite feeding ground for Great White (sharks)”.Upclose and knarly Dungeons later today thanks Shaun Thompson for invite going tobe great the surf is huge pic.twitter.com/siTsbTBpQk—Wayne Roberts (@WaynoRoberts) April 23,2016Sharks attacks took place in the past when surfers swam through the dark and deep channel to get to the breaks, but these days they are safely towed using jet- skis to get to where the big waves are at their best.While the sharks still pose an obstacle, it is the waves themselves that has built a legendary and deadly status.Wipe-outs are common, even amongst the most seasoned surfers. Yet if negotiated successfully, the Dungeons’ payoff is said to be indescribable. Beginning with a harrowing near-vertical take-off atop of a swell, surfers can tackle one or more churning bowl sections, with rides lasting for up to 300m before tapering off into the deep-water channel.Untitled – Dungeons – Cape Town – South Africa, 2014 © Grier Fisher @GrierF #surf #sport #fotodelgiorno pic.twitter.com/v5neKPsBdf— Fotodel Giorno (@Foto_del_Giorno) September 21, 2015Masters of the Dungeons include South Africa’s Grant ‘Twiggy’ Baker and Jeremy Johnson, who spend months preparing at other locations for a single session in the Dungeons. Despite the dangers, the spot proves inescapable for surfers keen to prove their mettle.American Greg Long, widely regarded as the best big wave surfer in the world, is the only surfer in history to score a perfect 10-pointer ride on the Dungeons at the Red Bull Big Wave Africa event in 2008.Source: EWN SouthAfrica.info reporterWould you like to use this article in your publication or on your website?See: Using SouthAfrica.info material
Water levels in reservoirs are sinkingThe backdrop for creative water conservation is a drought in the Southwest that stretches back more than a decade.Since 2000, water levels in Lake Mead behind the Hoover Dam have fallen by more than 100 feet, worrying officials about long-term shortages and putting a crimp in recreational boating. Boat launching ramps and marinas have been moved to accommodate falling water levels.The Wall Street Journal reports that federal officials are planning a reduction in the amount of Colorado River water that is allowed to flow from Lake Powell, behind the Glen Canyon Dam, to Lake Mead 350 miles away. Beginning on Oct. 1, the annual water supply will be cut by 10%, the amount of water used by about 700,000 families.The upshot will be less hydroelectric power in parts of Nevada, Arizona, and California. The cutback also will bring the reservoir closer to the point at which the Interior Department would declare a water shortage, the newspaper said. That would lead to reduced water allocations to Nevada and Arizona.The Southern Nevada Water Authority faces especially big challenges. The authority currently has two intake points in Lake Mead for water it pumps to its customers, but one of them is only 40 ft. below the current water level. The authority is currently building a third intake, but officials thought they’d have more time to complete the project and are now rushing to get it finished in time.“We thought we had five years, but now we may have 24 months,” Patricia Mulroy, general manager of the water authority, told the Journal. The water district maintains a strict watering schedule, which prohibits (with some exceptions) landscape watering from May 1 until Oct. 1 between 11 a.m. and 7 p.m. Customers are assigned to specific watering groups. Fines for violating the rules can exceed several thousand dollars.The water district estimates that for every square foot of grass that’s replaced with drought-tolerant species, an average of 55 gallons of water are saved per year. Across the West, a prolonged drought has forced a number of communities to reexamine their tolerance for plush lawns. In some cities, officials are paying homeowners to tear out grass and replace it with plants that require far less water.In Los Angeles, The New York Times reports, the city has paid homeowners $1.4 million over the last four years to rip up their lawns. In all, more than 1 million sq. ft. of grass has been removed.Newly built parks feature mostly native plants and only small patches of grass, and outside City Hall, a grassy park has been replaced by a garden of succulent plants, The Times said.“The era of the lawn in the West is over,” Paul Robbins, director of the Nelson Institute for Environmental Studies at the University of Wisconsin, told the newspaper. “The water limits are insurmountable, unless the Scotts Company develops a genetically modified grass that requires almost no water. And I’m sure it’s keeping them up at night.” RELATED ARTICLES What Is ‘Xeriscape’ and Why Is It Important?The Uncertain Future of Phoenix and Las VegasWater in a Drought-Prone EraRating the Greenness of GardensIn Defense of the Lawn Las Vegas provides a modelCities that pay residents to remove grass, such as Los Angeles and Mesa, Arizona, can take their cue from Las Vegas. A long-standing program of turf removal has eliminated an estimated 165 million sq. ft. of grass and saved more than 9 billion gallons of water since the program was launched in 2003, the Times said.The Water Smart landscaping effort managed by the Las Vegas Valley Water District pays homeowners up to $1.50 per sq. ft. to convert grass lawns to xeriscape. The program’s web site offers free landscape designs, links to landscape contractors, and a variety of other resources to make the transition easier.
With the Age of Ultron upon us, let’s take a look back at the editing process of The Avengers, one of the biggest blockbusters of all time.To get you in the mood for Avengers: Age of Ultron, let’s check out a great 20 minute documentary from Avid that goes over the editing process for the first Avengers film.Editor Jeff Ford and assistant editors Robin Buday and Matt Schmidt go through what it takes to craft a movie of such massive scale. However, the information they give is not just for monster big budget films… the advice and tips they give are great pieces of insight for anyone wanting to really learn what it takes to be an editor.The Avengers hit screens back in May of 2012 and raked in over $1.5 billion at the box office. This success wasn’t just because the film is filled with amazing visual effects work — Joss Whedon and crew crafted a great story with interesting characters. So, now that we’ve seen how the editor has a hand in the process, let’s look at how a full sequence comes together before it hits the editing room.In this video from Clevver Movies, we get a behind the scenes look at how the original Avengers was shot and built before it went to Jeff Ford and his editing team.Want to know more about the filmmaking process? Check out these additional articles from PremiumBeat.Filmmaking Tips: 5 More Things to Check Before Hitting Record8 Filmmaking Tutorials Every Filmmaker Should WatchFilmmaking Tips: Becoming a More Versatile ArtistDid this post shed some light on the editing process? How pumped are you for Avengers: Age of Ultron? Let us know in the comments below.
Cedric de Joya paced Batangas-EAC with 15 points and four rebounds, while Jerome Garcia had 13 markers and two boards.The Generals incurred their third straight defeat to sink to a 1-7 card.The Scores:AKARI-ADAMSON 89 — Pingoy 23, Ahanmisi 16, Lastimosa 10, Sarr 10, Mojica 7, Camacho 6, Espeleta 6, Manganti 6, Catapusan 2, Lojera 2, Macion 0, Zaldivar 0.BATANGAS-EAC 79 — De Joya 15, Garcia 13, Ablaza 12, Altamirano 12, Diego 7, E. Mendoza 7, Dela Peña 4, Bautista 2, Maguliano 2, Martin 2, Tampoc 2, J. Mendoza 1, Corilla 0.ADVERTISEMENT Mariners bring back 44-year-old Ichiro Suzuki John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Don’t miss out on the latest news and information. LOOK: Iya Villania meets ‘Jumanji: The Next Level’ cast in Mexico Google honors food scientist, banana ketchup inventor and war hero Maria Orosa Families in US enclave in north Mexico hold sad Thanksgiving Brace for potentially devastating typhoon approaching PH – NDRRMC Pussycat Dolls set for reunion tour after 10-year hiatus “That’s an advantage of Pingoy. He’s willing to take the big shots,” remarked coach Franz Pumaren as Akari-Adamson rose to 6-2.Pingoy’s explosion came in handy for the Falcons in breaking the 78-all deadlock as his three straight triples gave his side a decisive 87-79 lead with 55.8 ticks remaining. FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutJerrick Ahanmisi also picked up where he left off last game, this time going 3-of-6 from downtown to unleash 16 markers and three boards.Jerom Lastimosa added 11 points, while Cameroonian big man Papi Sarr got 10 markers and six rebounds in the victory. Quarters: 26-27, 51-47, 66-64, 89-79. PBA IMAGESJerie Pingoy drilled three treys in the last two minutes to lead Akari-Adamson past Batangas-EAC, 89-79, Thursday in the 2018 PBA D-League Aspirants’ Cup at Ynares Sports Arena in Pasig.The stocky defensive playmaker showed another facet of his game as he went 6-of-9 from three to carry the Falcons with his 23 points, eight assists, four rebounds, and three steals.ADVERTISEMENT Typhoon ‘Tisoy’ threatens Games Read Next LATEST STORIES View comments MOST READ Police teams find crossbows, bows in HK university PLAY LIST 01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Typhoon Kammuri accelerates, gains strength en route to PH
New Delhi, May 8 (PTI) BJP today asserted that it will form government in Uttarkhand after May 10, claiming that a new sting video showed that ousted Chief Minister Harish Rawat has lost the support of Congress MLAs and he was bound to lose the trust vote on Tuesday.”If they think that by giving money, they will save the floor then they are wrong. On tenth, the majority will go against Congress and the new government will be formed by BJP,” party leader Bhagat Singh Koshyari told reporters.Terming Rawats conduct as “shameful”, he said that Congress is performing its “last rites” in the state as they have kept a leader who is “insulting his own party”.Koshyari, who is a former chief minister of the state and is seen as a contender for the top post of if BJP forms the government, evaded a query on who will be the partys CM saying, “This answer can be given by party chief Amit Shah.””Harish Rawat alleges that BJP is indulging in horse-trading. He is himself indulging in it. First there was a sting on him. Today a new sting has come out.”One MLA has himself has said that CM, to please his own MLAs, is giving Rs 25-30 lakhs. There cannot be a more shameful thing than this,” the BJP leader alleged.He said that the episode showed that the chief minister has lost trust in his own MLAs and the MLAs do not have trust in their leader.advertisement”MLAs lose their trust in their leader. Around one-third leave him, and those who are left, one-third of them also demand Rs 25 lakh or Rs 50 lakh. In Uttarkhand, this demonic sport should stop and Harish Rawat should stop levelling allegations,” he said, adding that Congress has lost all hope and which is why they were”bribing their own members”.He said that MLAs in the sting have alleged that the government is involved with mining and liquor mafias.”Congress which at some point fought for the freedom of the country, which had leaders like Jawaharlal Nehru and Sardar Patel, that Congress to taking its last breath or rather performing its last rites.”It has kept such a leader in the state who is himself insulting the party and insulting the state as well. I believe that MLAs, for the dignity of the state and its people, will free themselves from such corrupt leaders,” he said.In the latest controversy, a sting video has been released by a private news channel which claimed that Harish Rawat gave Rs 25 lakh to some of his MLAs.The Supreme Court had on Friday ordered a floor test in Uttarakhand Assembly on May 10 when Rawat will seek a vote of confidence during which the nine disqualified Congress MLAs may be able to vote if the High Court permits them.The High Court has reserved its verdict on the rebel MLAs plea for tomorrow. PTI TDS RT
Update: Arkansas eventually scored on the possession and converted the two-point attempt to win 53-52. Insane endings are becoming routine in college football. Earlier: Arkansas and Ole Miss are involved in a wild one in Oxford right now. The Rebels jumped ahead 52-45 in overtime on a Chad Kelly touchdown run, and then forced the Razorbacks into a 4th-and-25 scenario on their possession.And then this happened.This is how Arkansas crazily converted 4th and 25 in OT. What a lateral! pic.twitter.com/ylALEACWe8— Dr. Saturday (@YahooDrSaturday) November 8, 2015Yes, you saw that correctly. Hunter Henry’s wild lateral landed in the hands of running back Alex Collins, who dashed for the first down. Collins fumbled at the end of the play, but the Razorbacks recovered.Week in and week out, college football is incredible.
Bishop says peace & prosperity is everybody’s responsibility at Law Enforcers Church Service Memories of two TCI men lost on March 4 Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 16 Jun 2015 – Tired of waiting and feeling forgotten, a group of protesters congregated peacefully at the Queen’s Birthday Honors Parade yesterday in Grand Turk; a parade where the Governor is host and virtually the entire police force is on site. With placards expressing their disappointment in the lack of information coming and apparent dormant state of the investigation into the disappearance of their loved one, Kevino Smith, some in the Capital used the opportunity to quietly demand answers. The photos floated around on social media yesterday and asked the Governor to get involved in the case… asked the Governor who is policing the police and stated flatly that justice delayed is justice denied. Smith, who was reported missing since March 4, 2015 has been unseen since then… and it has been exactly two months since the discovery of human remains in the Breezy Brae area of Grand Turk. There has been no identity of those remains; there has been no update to the general public on the case and despite ACP Rodney Adams flashing assurances that now that he is on the case, it would be handled more expertly… the police appear to be lost and are silent, and obviously too silent for family and friends to bear any longer. It had been promised at the time during a press conference following the discovery of those remains, that special forensics work would be done and that those suspected of harming Kevino would be monitored. Supporters with their placards reminded that justice is not just for the rich and that Kevino Smith matters and deserves justice. Related Items:kevino smith, missing man, protesters, queen’s birthday, rodney adams Patty Smith dreading holidays, says ‘Bah’ killers still out there Recommended for you
Facebook Twitter Google+LinkedInPinterestWhatsApp We can eat Nassau Grouper legally, soon Recommended for you Related Items:bus cay, dema, dominican republic, dr. john claydon, poachers, tci waters, whale breakers Facebook Twitter Google+LinkedInPinterestWhatsApp Provdienciales, 24 Jul 2015 – As many as 28 poachers and 14 unlicensed vessels were caught yesterday in TCI waters.This, as the country continues to battle with the British on the protection of the boarders and as the Premier writes to the UK Foreign Minister to say we need help in the area of border control. DEMA reacted to a tip from the TCIs marine police air patrol and encountered a massive raping of TCI waters by poachers from the Dominican Republic. The men were apprehended, according to the report at Whale Breakers which is approximately seven miles south of Bush Cay; this happened Thursday afternoon. “They were found to be in possession of illegal spear guns, breathing apparatus, as well as just over 2,000lbs of illegal catch, including Parrot Fish, Lobster and Conch.” The men are locked up now, but also nearly got away with: “… 1,462lbs of lobster, within that, 69 egg-bearing lobster and 485lbs of parrot fish.” The breaches are significant said DEMA Director, Dr John Claydon who explained that the charges attached to fishing lobster outside of the season alone are hefty. As many as eight charges will be leveled against the 28 Dominicans; Claydon said: “It is vitally important to rid the TCI of foreign poaching vessels, and we are very grateful for the Marine Police’s assistance with this successful operation, and I would like to thank all the DEMA Officers involved.” The Director also called the operation well-organised and well-equipped, and the scale of the illegal fishing activities was quite staggering. Despite this reported law enforcement synergy, Magnetic Media understands that two vessels got away. Climate Change blamed for seawater woes in Grand Turk Dominican Officials agree to stop sex trafficking, poachers