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There is no adjustment in consolidated financial forecasts (IFRS) for the fiscal year ending December 31, 2007 (January 1, 2007 - December 31, 2007)
72, THE ASB expanded the items CPAs are permitted to address in comfort letters to include financial forecasts and compliance of certain information (such as selected financial data, supplementary financial information, executive compensation and ratios of earnings to fixed charges) with Securities and Exchange Commission regulation S-K.
The financial forecast in question was part of a federal grant application filed by North Carolina Electric Membership Corporation (NCEMC), the power supply arm of Carolina Electric Cooperatives.
A global investigation into corporate planning has revealed that 84 per cent of businesses have a financial forecast that is less than 95 per cent accurate, while 54 percent report inaccuracies of up to 10 per cent.
Based on the strong performance to date and a positive macroeconomic situation in Russia, RBC revised its financial forecast for the whole of 2005.
Any meaningful financial forecast at this early stage is not possible.
said it has announced the pending release of its latest version of 5Cast, which is used by local governments for budgeting and building multi-year financial forecasts.

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