Credit note provision excluded from movements in impairment allowance account UK printing technology company Domino Printing Sciences restates its table of movements in impairment allowance account to exclude the effect of credit notes issued, whilst silently correcting a prior period error.
Fair value hierarchy of financial instruments disclosed and a parametric VaR used to manage market risks German engineering company Siemens discloses its use of a three-level hierarchy to fair value financial instruments and changes to implement variance-covariance Value at Risk methodology to manage its market risks.