Taleo Corp., the provider of on-demand talent management solutions, announced that the U.S. General Services Administration (GSA) has selected Taleo to support its expanding human capital strategy.
This award extends the GSA’s use of Taleo’s product suite to support the requirement for a Learning Management System (LMS). Through the use of the current LMS, Taleo provides GSA’s 17,800 employees and contractors with a centralized web based education system, where the GSA community can participate in on-demand learning. The system provides access to thousands of web based courses, Instructor Led Training (ILT) and enrollments, and Web Conferencing.
Under the terms of the new contract, Taleo will develop and configure a competency management model for the Acquisition Workforce Division. This new competency management capability will assist GSA staff in determining and evolving their specific job qualification and training requirements. Additionally, it will provide GSA’s supervisors, managers, and administrators with a sound approach for promoting and applying the appropriate education and development interventions, ultimately capitalizing on GSA’s most important resource, its people.
“Public and private sector entities alike are recognizing the criticality of having insight into their people, their roles, and how to positively impact their overall performance,” said Michael Gregoire, Chairman and Chief Executive Officer of Taleo. “The GSA remains on the forefront of online education and talent management within the Federal Government. As a result they will continue to validate the importance of knowledge and human capital, and will revolutionize what it means to make people an organization’s number one asset.”
For the fourth consecutive year, ELearning magazine honored Taleo with the 2010 Elearning Award for the Best Learning Management System. Taleo was also presented with the Excellence in LMS award at the 2010 Chief Learning Officer Learning in Practice Awards, which recognizes industry leaders who have demonstrated excellence in the design and delivery of workforce learning and development programs. **
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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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