Both companies have similarities on accounting policies and adaptation. 1 Increase in estimated doubtful debts. 2 Lack of non-recurring gains as I mentioned in my earlier blog. 3 The financial statements have been prepared in accordance with NZ GAAP. Accounting policies applied in these financial statements comply with NZ IFRS and NZ IFRIC interpretations.

While SKC and AIA make quite clear disclosures for each necessary entries or movements in policy or unexpected issues. ESOs used as incentive earning managements alo.

I also brought shares in these companies with a long term goal in mind these shares at present have fallen below the price I originally paid.

November 8, 2011 by ningjie88. The objectives of this diary are provides an analysis of return on net Operating Assets and provides a brief summary of possible favourable and unfavourable factors that may affect the performance. I think for my investment, i am going to focus on the return of short-term. According to Research, i think THL is not a good investment no matter in a long time or shot term.