ID Data Cards, the plastic card and key fob solutions provider, has appointed Chris Rawsthorne as Business Development Manager as part of its growth strategy following the acquisition of the business at the end of last year by the TALL Group of Companies.
Chris has more than 20 years of business development experience selling direct marketing, print, stationery and technology solutions to major UK retailers and businesses. In his new role, he will generate new business opportunities in the retail sector through either direct relationships or via third-party resellers.
Chris previously spent 11 years as Business Manager at Polestar Group where he was responsible for managing and growing key accounts from negotiation through to fulfilment. Prior to this, he worked for a number of years selling branded and own brand paper products to national retailers including leading stationery chains.
Commenting on the appointment, John Cooke, Business Development Director at ID Data Cards said: “This latest appointment highlights our determination to drive business growth and build on our position as a leading provider of card and key fob solutions within the banking and retail sectors. Since joining the TALL Group we are well-placed to take advantage of opportunities in the expanding card market, so I am looking forward to Chris contributing to our future success.”***
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Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
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