IFC Financials 2015 : Private Sector Matters for Development

International Finance Corporation (IFC or the Corporation) is the largest global development institution focused on the private sector in developing countries. The accounting and reporting policies of IFC conform to accounting principles generally accepted in the United States (GAAP). IFC’s ac...

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Main Author: International Finance Corporation
Format: Report
Language:en_US
Published: Washington, DC: World Bank Group 2015
Subjects:
Online Access:http://hdl.handle.net/10986/22628
id okr-10986-22628
recordtype oai_dc
spelling okr-10986-226282021-04-23T14:04:10Z IFC Financials 2015 : Private Sector Matters for Development International Finance Corporation financial statements client services liquid assets funding resources risk management accounting policies governance internal control reports balance sheet independent auditor's report investment portfolio financial commitments International Finance Corporation (IFC or the Corporation) is the largest global development institution focused on the private sector in developing countries. The accounting and reporting policies of IFC conform to accounting principles generally accepted in the United States (GAAP). IFC’s accounting policies are discussed in more detail in Section VI, Critical Accounting Policies, and in Note A to IFC’s Consolidated Financial Statements as of and for the year ended June 30, 2015 (FY15 Consolidated Financial Statements). Management uses Income available for designations (Allocable Income) (a non-GAAP measure) as a basis for designations of retained earnings. Allocable Income generally comprises net income excluding net unrealized gains and losses on equity investments and net unrealized gains and losses on non-trading financial instruments accounted for at fair value, income from consolidated entities other than AMC, and expenses reported in net income related to prior year designations. 2015-09-15T14:55:09Z 2015-09-15T14:55:09Z 2015-09-15 Report http://hdl.handle.net/10986/22628 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation Washington, DC: World Bank Group Publications & Research Publications & Research :: Annual Report
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic financial statements
client services
liquid assets
funding resources
risk management
accounting policies
governance
internal control reports
balance sheet
independent auditor's report
investment portfolio
financial commitments
spellingShingle financial statements
client services
liquid assets
funding resources
risk management
accounting policies
governance
internal control reports
balance sheet
independent auditor's report
investment portfolio
financial commitments
International Finance Corporation
IFC Financials 2015 : Private Sector Matters for Development
description International Finance Corporation (IFC or the Corporation) is the largest global development institution focused on the private sector in developing countries. The accounting and reporting policies of IFC conform to accounting principles generally accepted in the United States (GAAP). IFC’s accounting policies are discussed in more detail in Section VI, Critical Accounting Policies, and in Note A to IFC’s Consolidated Financial Statements as of and for the year ended June 30, 2015 (FY15 Consolidated Financial Statements). Management uses Income available for designations (Allocable Income) (a non-GAAP measure) as a basis for designations of retained earnings. Allocable Income generally comprises net income excluding net unrealized gains and losses on equity investments and net unrealized gains and losses on non-trading financial instruments accounted for at fair value, income from consolidated entities other than AMC, and expenses reported in net income related to prior year designations.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title IFC Financials 2015 : Private Sector Matters for Development
title_short IFC Financials 2015 : Private Sector Matters for Development
title_full IFC Financials 2015 : Private Sector Matters for Development
title_fullStr IFC Financials 2015 : Private Sector Matters for Development
title_full_unstemmed IFC Financials 2015 : Private Sector Matters for Development
title_sort ifc financials 2015 : private sector matters for development
publisher Washington, DC: World Bank Group
publishDate 2015
url http://hdl.handle.net/10986/22628
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