漫漫考試路,各位考生,您準備好了嗎?如何快樂高效的學(xué)習(xí)?高頓網(wǎng)校為廣大學(xué)員提供2015年ACCA考試網(wǎng)絡(luò)課程,請各位考生緊跟網(wǎng)校名師的步伐盡快進入備考復(fù)習(xí),讓高頓與您共同努力,2015年考試順利通過!祝您夢想成真!免費聽課》
 ?。╥ii) Importance of confidentiality in the financing of the project and the normal duty of transparency.
  I have been asked to include a statement in my remarks on the balance between our duty to be transparent whenever possible and the need for discretion and confidentiality in some situations. In the case of our initial working capital needs for the Giant Dam Project,the importance of confidentiality in financing is due to the potential for adverse publicity that may arise for the lender. It is important that R&M have the project adequately financed, especially in the early stages before the interim payments from the client become fully effective.
  In general,of course,we at R&M attempt to observe the highest standards of corporate governance and this involves adopting a default position of transparency rather than concealment wherever possible. We recognise that transparency is important to underpin investor confidence and to provide investors with the information they need to make fund allocation decisions.
  Whilst it is normal to disclose the amount of debt we carry at any given point (on the balance sheet),it is rarely normal practice to disclose the exact sources of those loans. In the case of the financing of initial working capital for the Giant Dam Project, I’m sure you will realise that in this unique situation,disclosure of the lender’s identity could threaten the progress of the project. For this reason we must resist any attempts to release this into the public domain. We are aware of one pressure group that is actively seeking to discover this information in order to disrupt the project’s progress and we shall be taking all internal measures necessary to ensure they do not obtain the information.
  Thank you for listening.
  小編寄語:只要功夫深,鐵杵磨成針。考試也是這樣,只要夠努力,功到自然成。
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