Financial reporting.FinancialCAD Corp., a provider of online financial application services See ASP and Web services. , has released its enhanced Fincad.net(r) solution for providing independent, accurate financial instrument valuation technology to companies needing to improve the quality and regulatory compliance of their financial reporting. Based on Microsoft's next-generation Web application development platform, .NET, Fincad.net delivers financial applications and market data as hosted software accessible through a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. , Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. or the Microsoft Visual Studio Microsoft Visual Studio is Microsoft's flagship software development product for computer programmers. It centers on an integrated development environment which lets programmers create standalone applications, web sites, web applications, and web services that run on any platforms development environment. The new functionality, including expanded interest rate and commodity coverage, makes it easier for organizations to comply with the new accounting regulations, such as FAS 133 or IAS See iPlanet Application Server. 1. (computer) IAS - The first modern computer. It had main registers, processing circuits, information paths within the central processing unit, and used Von Neumann's fetch-execute cycle. 39, that now make the reporting of derivatives at fair market value a global requirement. Several clients -- including banks, corporate treasuries and a Big 5 accounting firm - are already using Fincad.net to value financial instruments and manage their FAS 133 hedges. For service consumers, such as corporate treasuries, Fincad.net offers an outsourced financial instrument management solution. By applying for such an account, organizations get immediate access to all services on the system, including the enhanced functionality to mark derivatives to market, test for hedge effectiveness and report changes in value on a quarterly basis as required by FAS 133. |
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