392 Moorina Rd, Moorina.In the kitchen are stainless steel appliances, a breakfast bar and plenty of bench and storage space.The residence boasts a timber staircase linking the two levels, each which features a living area.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019Other features in the residence include tiled flooring on the ground level, ceiling fans, carport parking for four vehicles and a two-car garage. 392 Moorina Rd, Moorina.“The spring-fed and catchment dams throughout the property offer great water for cattle on every paddock,” he said.“An impressive set of Leichts cattle yards with loading ramp, calf race and cradle, hydraulic crush, hydraulic draft, concrete race and troughs complements the lane way system.“In addition, there are multiple sheds, a grass tennis court that could easily be converted into a horse arena and a flat track motorcycle track, perfect for the kids. “The topography includes cleared rolling paddocks, native timber and vegetation on the ridge line.“Newly renovated, the five-bedroom house has never been lived in. “The property is 50 minutes from Brisbane and 10 minutes from Burpengary.” DETAILS 392 Moorina Rd, MoorinaAuction: Level 26, 111 Eagle St, Brisbane, December 15, 10.30amAgent: Jez McNamara and Andrew Goodall, Ray White Rural Queensland 392 Moorina Rd, Moorina.Set on a large 127ha site, Moorina enjoys views to Moreton Bay and the Glass House Mountains.The property is capable of running 80 cows and calves and includes 14 paddocks and a reticulated water system. 392 Moorina Rd, Moorina.The eastern and southern portions of the property comprise of cleared rolling green hills with a ridge line enjoying the vistas to Moreton Bay and the Glass House Mountains.There are six large dams on the property as well as semipermanent creeks.Ray White Rural Queensland marketing agent Jez McNamara said old fig and bunya trees offered not only shade for cattle but great spots for kids to play. 392 Moorina Rd, Moorina.Recently renovated and extended, the five-bedroom residence rises over two levels with covered patios to the front and rear on the ground level and a wraparound covered veranda on the upper level.There are 3m ceilings to create a spacious and light-filled environment within the residence.
The International Accounting Standards Board’s interpretation’s committee has called a halt to efforts to come up with accounting guidance for companies with non-traditional defined benefit (DB) pension schemes.The plans – dubbed contribution-based promises, or ‘intermediate risk’ plans – have proved to be troublesome to account for under the projected unit credit model found in International Accounting Standard 19, Employee Benefits (IAS19).Since 2004, both the committee, known officially as the International Financial Reporting Standards Interpretations Committee, and the IASB have tried and failed to develop an appropriate accounting approach for this troublesome class of pension plan.The committee’s decision, which emerged during its 29 January meeting, means constituents must now wait for the IASB to add a pensions-accounting project to its work plan. Commenting on the news, Eric Steedman, a leading pensions consultant with Towers Watson, told IPE: “The Interpretations Committee has effectively said the issue is too big for them to solve expeditiously.“Unfortunately, for now at least, this leaves preparers with such plans to carry on ‘doing their best’ with a statement that does not really cater for their situation.”The IFRS IC’s predecessor, the International Financial Reporting Interpretations Committee, published the so-called IFRIC D9 approach for contribution-based promises in a consultation document back in 2004.The committee called a halt to that work, however, when, in 2006, the IASB launched its unsuccessful bid to develop a new accounting methodology to deal with intermediate-risk pensions, or contribution-based promises.But fresh life was breathed into that approach, when the IFRS IC decided to take another look at contribution-based promises accounting.Both D9, and the IASB’s contribution-based promises model, set out to address the accounting challenges that arise when IAS19’s projected unit credit measurement model and discounting approach is applied to non-traditional DB plans.One obstacle to good accounting that is often cited by critics of IAS19 is that the standard forces them to discount projected returns on a pool of equity assets using either a high-quality corporate bond or government bond discount rate.The mood around the committee table during the 29 January meeting was largely downbeat on the committee’s prospects for bringing the effort to a successful conclusion that preparers would welcome.Laurence Rivat, a senior audit partner with Deloitte in France, said she was unclear who would benefit from any guidance that the committee might come up with.Rivat reported that constituents had told her that any guidance that might emerge from the committee would not change what they “are currently doing”.She added: “What we really need is that the board take on a project to review fundamentally IAS19 to deal with those plans where there is risk-sharing between employees and employers.”Similarly, E&Y partner John O’Grady said: “I would be in favour of discontinuing this project because I don’t think we are able to control ourselves when it comes to scope. That has always been the problem with this.“We are trying to solve some fundamental problems with IAS19, which to me is a board project to sort out IAS19 to deal with the modern types of plans that are out there.”As for the long-term outlook for an IASB-level pensions project, IASB director Alan Teixeira said now might be a good time to accelerate the board’s apparent research project on pensions accounting.Speaking during a 16 September 2013 IASB meeting, Teixeira said the pensions research effort was “on the longer-term research plan” but had no staff allocated to it.He also noted that no standard setters had “expressed an interest in the project.”According to information posted on the IASB’s website, the board expects to hold a consultation on the shape of its future agenda in 2015.A feedback statement on the IASB’s 2011 agenda consultation bracket pensions accounting, share-based payments and income taxes together as longer-term priorities.
This past weekend, the White House announced increased restrictions on international travel due to the coronavirus, or COVID-19.The Miami International Airport has already started taking precautions. Extra screening is being done for travelers returning from China.Alitalia, an Italian based air carrier, started taking precautionary measures and are pre-screening all passengers traveling from Rome to MIA. Delta Airlines also announced the company would be canceling flights from New York to Milan due to COVID-19. American Airlines also suspended their flights from MIA and John F. Kennedy International Airport to Milan due to “low demand.”The travel advisory for Italy and South Korea has been increased to a level four, the highest level.Starting Monday, foreign nationals will not be allowed to enter the U.S. if they have visited Iran in the last 14 days.,This past weekend, the White House announced increased restrictions on international travel due to the coronavirus, or COVID-19.The Miami International Airport has already started taking precautions. Extra screening is being done for travelers returning from China.Alitalia, an Italian based air carrier, started taking precautionary measures and are pre-screening all passengers traveling from Rome to MIA. Delta Airlines also announced the company would be canceling flights from New York to Milan due to COVID-19. American Airlines also suspended their flights from MIA and John F. Kennedy International Airport to Milan due to “low demand.”The travel advisory for Italy and South Korea has been increased to a level four, the highest level.Starting Monday, foreign nationals will not be allowed to enter the U.S. if they have visited Iran in the last 14 days.