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Originally Posted by THE SCUD
Actually we're so small that IASB declined to hear our O&G amendment concerns, especially those surrounding RF or CARF rates for decommissioning obligations.
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Its tough to have IASB issue a whole IFRIC relating to such a small sect of business in one member country. Plus, having no interpretation means that you can use either rate! Huzzah!
Oh, and plus, we'll all be on USGAAP soon enough anyways
Quote:
Originally Posted by THE SCUD
Vote no on Proposition Dilution!
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That's essentially what it boils down to, CAs don't want to lose the prestige that their designation holds. Why would anyone vote for that? Would anyone here on CP support a merger between the NHL, AHL, KHL, and WHL? (bad analogy).
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Originally Posted by The Yen Man
Hey, I'm just using what squiggs96 said as to why the CAs want to merge. Its your CA institution telling you guys this, not me. As I said all along, I don't see how any of the 3 designations' members would agree to it. Its not just you CAs that are dead set against it.
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I guarantee you if it went to a vote; you'd see infinitely higher acceptance rates among CMAs/CGAs, and why not? They're getting a Porsche designation at a Chevy pricetag, there is nothing but upside for them and I don't blame them at all for it.