TAGS4siteKeeping Limerick PostedlimerickLimerick Post MAYOR of the City and County of Limerick, Cllr Michael Collins has welcomed the announcement that more than 100 jobs will be created in Limerick and the Mid-West over the next three years by Indigo Telecom Group.4site, a wholly-owned subsidiary of the Indigo Telecom Group Limited, a global provider of telecom and data centre network support services, today announced its recruitment plans, to support its plans for international expansion across the Mid-West.Sign up for the weekly Limerick Post newsletter Sign Up The roles will span from Fibre Planners, GIS Engineers, Design Engineers, Telecoms Surveyors and Project Managers to business support roles in accounts, sales and operations.Mayor Michael Collins stated: “I’m particularly heartened to hear that Indigo, through its Irish subsidiary 4site, will be recruiting locally from Limerick and the Mid-West in the vicinity of the company’s Irish headquarters at Raheen Business Park.“I know that the availability of talent is a key decision in its expansion and that 4site has been working closely with Limerick Institute of Technology and the University of Limerick to create job opportunities for their highly skilled graduates in recent times.“The pandemic has taught us the critical importance of communications and staying connected and I’m delighted that the company has copper-fastened its commitment to its operations in the Mid-West with this further announcement today.“It’s been a good week for Limerick jobs with the news that AMCS in Ballysimon will also be expanding its operations with 40 new roles.”The Mayor paid particular tribute to the IDA and its Mid-West office for its role in winning the 4site investment for the region.“Despite the serious disruption caused to business by Covid-19 globally and Brexit, foreign direct investment has been very resilient in the Mid-West and it is crucial as we recover from the effects of the pandemic.“In its newly published strategy, the IDA has placed a particular focus on increasing investment in regional locations and I know a huge amount of work is put into securing jobs like this by IDA Ireland and I commend their efforts and the IDA manager Will Corcoran locally for securing these roles for the Mid-West.“I also wish to commend local indigenous firms like AMCS who continue to invest in Limerick and create local jobs in the community. Finally, I would like to wish 4site and its employees every success with this announcement today.” WhatsApp Limerick’s National Camogie League double header to be streamed live Facebook Limerick Ladies National Football League opener to be streamed live Twitter Roisin Upton excited by “hockey talent coming through” in Limerick RELATED ARTICLESMORE FROM AUTHOR BusinessLimerickNewsMayor welcomes 100 new jobs in Limerick and the Mid-WestBy Meghann Scully – January 19, 2021 267 Previous articleMan arrested following suspected arson at Limerick houseNext articleIndigo Telecom Group announces plans to recruit 100 people to its International Fibre Centre of Excellence in Limerick through its Irish subsidiary 4site Meghann Scully WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Email Donal Ryan names Limerick Ladies Football team for League opener Advertisement Print Linkedin Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash read more
The Chengdu Plain lies flat and fertile in central China’s Sichuan Basin. Cut by tributaries of one of China’s most important rivers, the mighty Yangtze, the plain is something of a rarity in the hilly region, making it ideal for agriculture, now and in antiquity.Harvard archaeologists are at work there, plumbing the roots of some of China’s early civilizations. The world’s most-populous country traces its past to the Qin dynasty, the first to unify large parts of the nation. The Qin arose just north of Chengdu, and its fertile fields made it their first target of expansion.“The first region conquered outside of their homeland was the Sichuan Basin,” said Rowan Flad, an associate professor of anthropological archaeology who is leading an international team of researchers working in the region. “It was the breadbasket for the Qin army as they conquered.”Flad has been at work on the plain since 2005 on one of its rivers, the Min, which served as an irrigation system during the Qin dynasty, roughly 210 years B.C.E.Flad is collaborating with archaeologists from several Chinese and American institutions, including Peking University, National Taiwan University, the Chengdu City Institute of Archaeology, Washington University in St. Louis, the University of California, Los Angeles, and McGill University.Together, the collaborators are conducting a massive survey of the region, probing known sites and seeking unknown ones in an effort to better understand the region’s past. Survey techniques commonly used by archaeologists in more arid, high-visibility areas aren’t useful in the Chengdu Plain because surface materials are obscured by the ongoing agricultural uses of the land. Team members have to walk the fields exhaustively, cutting through rice paddies and drilling 2-meter-deep survey holes at regular intervals with hand augers.Because the Chinese government frowns on expansive digs not prompted by road or construction projects, Flad said the diggers can only expand survey holes that turn up artifacts into 1-meter-square pits, when necessary.“We’re trying to understand patterns of landscape use and to find sites in a systematic way that tells us something about those patterns,” Flad said. “What we’re looking for in this landscape is how settlement changed over time.”So far, pottery sherds and building remains have been found that predate even the Qin dynasty, going as far back as the Baodun culture, about 2,500 years B.C.E., which created a series of walled settlements across the Chengdu Plain.Researchers do much of their work in December and January, when rice cultivation is at a lull and they can get access to fields that aren’t flooded. They typically break into teams using a variety of tools and techniques, including the auger-wielding survey team, which walks predetermined transects and digs holes at regular intervals. A second group explores surface remains using traditional survey techniques. A third seeks to understand patterns of landscape changes such as altered river courses through geomorphology, while a fourth explores known archaeological or active construction sites. The final group processes the data, resulting in computerized maps that can help guide future explorations.Flad said the international nature of the work is important, and members of the team bring different skills. The Chinese team members contribute not only archaeological expertise but also help to guide the permitting process. The foreign team, which typically includes Flad and several Harvard graduate and undergraduate students, brings its own archaeological and technical strengths, as well as funding.Following up on earlier discoveries of larger Baodun-era settlements, Flad and colleagues have been able to document a series of smaller settlements across the plain that paint a picture of a far more densely settled area than previously understood.“We can say the Chengdu Plain was more widely occupied and more complexly organized than previously known,” Flad said. read more
Accounting standard setters have warned the International Accounting Standards Board (IASB) to tread carefully over its proposed changes to rules on hybrid pension plans.The International Financial Reporting Standards (IFRS) Foundation’s advisory group on accounting standards has given qualified support to a bid by the IASB to tackle the challenges presented by pension promises where the final benefit is linked to an asset return – ie hybrid pension funds.Speaking during a meeting of the Accounting Standards Advisory Forum (ASAF) in December, ASAF member Andrew Watchman said: “First of all, we think that there is an issue with the asset return based promises with the projected benefit based on an expected asset return and discounting them back at a different discount rate.“So we do see that as a mismatch and this seems to to address the mismatch, [and] in that sense it seems to have the potential to improve the reporting of these types of scheme.” IASB staff recently presented proposals to the board for dealing with so-called hybrid pension promises based on an asset return. The purpose of the research was to address an inconsistency that arose from the use of a corporate bond rate to discount benefits that are based on a higher-than-risk-free asset rate of return.Staff are exploring a solution to the problem that relies on using an asset rate of return that does not exceed the discount rate.The staff team told the board that they wanted to conduct outreach on this potential solution and present their findings during the second half of 2019. However, they highlighted that, if the outreach confirmed that the approach was unworkable, they would propose that the board halt its work on pensions.‘Arbitrary’ discount rateDespite the support for the IASB’s decision to tackle accounting for hybrid pension plans, Christina Ng from the Asian-Oceanian standard setters’ group warned that the proposed research plan would lead to calls for the board to consider other aspects of pensions accounting.She said: “If you’re going to do this, you need to be very careful how you explain it [because] I think people are going to say you’ve opened it and … you really need to think about bigger issues.”Ng also warned that a comment from the IASB’s vice-chair, Sue Lloyd – in which she described the discount rate problem as “a mathematical issue” – was the wrong way to communicate with constituents.“If you explain it that way, you actually run the risk that people then say, ‘why don’t you open up and have another think about what the actual appropriate discount rate is’,” she said.“It’s a very arbitrary discount rate that you have, which is either government bonds or [the] return on corporate bonds, and so there is a whole lot of other discussion I think we could usefully have about what is the right discount rate.”EFRAG report on trackMeanwhile, it also emerged during the ASAF meeting that the European Financial Reporting Advisory Group (EFRAG) remains on track to issue a planned discussion paper on pensions accounting during the first quarter of this year.Watchman – who since April 2016 has chaired EFRAG’s technical experts group – said: “Based on the current situation, we expect that the discussion paper will include the capped asset return approach [as well as] two other approaches which were tentatively called ‘fair value’ and ‘fulfilment value’.”EFRAG launched its project on IAS 19 – the international accounting rules for employee benefits – in January 2017.In common with the IASB’s research project, the EFRAG project is examining a number of shortcomings with pensions accounting in relation to hybrid plans. The group has stated that it did not expect to propose a wholesale revisiting of the accounting model in IAS 19.FRC lists audit review companiesSeparately, the UK Financial Reporting Council (FRC) has released a list of companies that have been subject to examinations by its audit quality review team.Among the companies selected for review was troubled bakery chain Patisserie Valerie. The company suspended trading in its shares in October after fraudulent accounting irregularities emerged. The company’s finance director was subsequently arrested. The FRC list revealed that it reviewed the company’s audited financial statements to 30 September 2017.The watchdog’s oversight of UK audit has been widely panned as ineffective with politicians and, latterly, a review by former civil servant Sir John Kingman, calling for it to be wound up. read more
Batesville, In. — The fight against robocalls has changed for Verizon customers. Officials have unveiled a free third-party service called Nomorobo that identifies known robocallers and telemarketers.A link to the service is here.