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  • Venezuela's Highly Inflationary Economy Means Changes to Financial Statements

    - by Theresa Hickman
    This is a bit of an esoteric topic, but given the number of U.S. Companies (particularly oil companies) that operate and have subsidiaries in Venezuela, I think it is worthy of an honorable mention. As you may or may not know, Venezuela's currency has had some changes over the years. In 2008, the Venezuelan Bolivar became the Bolivar Fuerte which dropped three zeros. So Bs.10,000 became Bs.F.10 and all their bills and coins were changed to reflect this. Then on Jan. 8, 2010, the government devalued the currency by 100%. The conversion from VEF to USD dropped from 2.15 to 4.30. (I always wanted to visit Venezuela; I guess it's time to book my vacation). The SEC recently labeled Venezuela a highly inflationary economy. This means that US companies with investments/subsidiaries in Venezuela will need to apply highly inflationary accounting rules starting on Jan. 1, 2010. In addition, companies need to make more detailed disclosures when the Venezuelan reported balances differ from the actual US dollar denominated balances. In a nut shell, if you formerly used translation, then starting Jan 1 of this year, you must now use remeasurement (or temporal method) to restate your Venezuelan entity's financial statements. See ASC topic 830, Foreign Currency Matters, which states that "[t]he financial statements of a foreign entity in a highly inflationary economy shall be remeasured as if the functional currency were the reporting currency." For you non-accountants that I haven't bored and are still reading at this point, the reason why the SEC is doing this is to ensure financial statements are presented as accurately as possible. Hyperinflationary economies have volatile currencies, such as Venezuela (it's not every day a currency devalues 100% overnight) which can distort financial statements if the local currency (Venezuelan Bolivar Fuerte) is used as the functional currency. To make financial statements more accurate, the reporting currency of the U.S. parent (US dollars) should be used as the functional currency. FASB.orgactually has a nice write-up on this.

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  • ASP.NET (VB) - Close an opened SQL connection inside Function

    - by B1GB0Y
    Can anyone tell me how I close an opened SQL connection inside a Function? I call a Select Function like this: Function Selec(ByVal SQLStr As String) As SqlDataReader Dim SQLConn As New SqlConnection() Dim SQLCmd As New SqlCommand() SQLConn.ConnectionString = Session("bd") SQLConn.Open() SQLCmd.Connection = SQLConn SQLCmd.CommandText = SQLStr Selec = SQLCmd.ExecuteReader End Function And in another page I do a While method to retrieve me the data like this: (Note: BDcon.BD is the name of the Class that have Functions) Dim write as New BDcon.BD Dim menu As SqlDataReader = writeBD.Selec("SELECT something from Table") While menu.Read 'Do something End While menu.Close 'This close just the DataReader and not the SqlConnection Finally I want to Close my SQL Connection by Function like this: Function Close() As SqlConnection Dim SQLConn As New SqlConnection() SQLConn.ConnectionString = Session("bd") SQLConn.Close() End Function I think that the problem is on the Close() Function, I want to close the connection but I don't know how to call my Opened Conneciton. Please anyone can help me? Thanks in advance :)

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  • Improving Strategic Financial Planning at Wyndham Worldwide

    Timothy Koropsak, Manager of Corporate Financial Planning at $3B hospitality company Wyndham Worldwide, talks with Nigel Youell, Product Marketing Director for Enterprise Performance Management at Oracle about their implementation of Hyperion solutions and how this has helped them improve their strategic financial planning processes. Tim highlights how they now have Operating and Treasury forecasts on one common platform and can produce fully integrated financial statements with GAAP accounting integrity and ensures that the strategic plans consolidating from their three business units are reliable and accurate.

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  • Financial Market Developer dilemma...

    - by Sahat
    ...In the future I am planning to work in the financial sector as a programmer. I have a couple of options right now (1 or 2): Learn and master .NET since presumably that's widely used in that industry OR Learn the programming concepts, learn algorithms, learn a little bit of c,c++,c#,java,objective-c,sql,oracle,cobol - in other words learn the fundamental principles that tie all programming languages together without going too deep in any particular language. Someone has told me that most of the time as a programmer you won't be writing any code, but instead maintaing and existing code that people before you have built. Does that mean I don't really need to master any specific language and as long as I have general concepts it'll be good enough? If you or if you know someone who has worked in the financial industry as a software developer could you please share the experience and what is the daily routine consists of? Also what should I be learning right now while I am still young and in college? Do I have to thoroughly understand the market and the current economy? What about Oracle or SQL Databases - do I need to know them inside out as a programmer? Thanks if you have anything else to add that I have not mentioned then please do so! Thanks in advance!

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  • Financial Charts / Graphs in Ruby or Python

    - by Eric the Red
    What are my best options for creating a financial open-high-low-close (OHLC) chart in a high level language like Ruby or Python? While there seem to be a lot of options for graphing, I haven't seen any gems or eggs with this kind of chart. http://en.wikipedia.org/wiki/Open-high-low-close_chart (but I don't need the moving average or Bollinger bands) JFreeChart can do this in Java, but I'd like to make my codebase as small and simple as possible. Thanks!

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  • PHP PDO close()?

    - by PHPLOVER
    Can someone tell me, when you for example update, insert, delete.. should you then close it like $stmt->close(); ? i checked php manual and don't understand what close() actually does. EXAMPLE: $stmt = $dbh->prepare("SELECT `user_email` FROM `users` WHERE `user_email` = ? LIMIT 1"); $stmt->execute(array($email)); $stmt->close(); Next part of my question is, if as an example i had multiple update queries in a transaction after every execute() for each query i am executing should i close them individually ? ... because it's a transaction not sure i need to use $stmt->close(); after each execute(); or just use one $stmt->close(); after all of them ? Thanks once again, phplover

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  • Force socket close

    - by Groo
    Is it possible to close an established socket connection in Windows "manually" (e.g. using a command prompt tool)? I have several open sockets connected to a listening server, I can see them using netstat, and would like to close one of them manually.

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  • WPF data grid for financial style reporting?

    - by user191254
    Hello, I'm looking for a decent WPF data grid or solution involving one to represent financial data. I've looked at many - the WPF one, XCeed, Ingragistics, DevExpress, etc.... but none of them seem to offer the simple requirement I have: I want to be able to display group subtotals in their columns in the group row, e.g. GROUP 1 xxxx.xx GROUP 2 xxxx.xx ROW 1 xx.xx ROW 2 xx.xx Does anyone know of a grid that does this, or a nice supporting collection that implements aggregate functions (group totals would need to be used in individual line items) so that existing grids with a bit of XAML styling would work? Thanks in advance, Stephen

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  • Fancybox Auto Close, but remain user control

    - by justinw
    Hi, i've searched through the forum yet i can't find the solution. i'm refering to this thread to do the auto close function: http://groups.google.com/group/fancybox/browse_thread/thread/d09438b7... I did follow JFK's solution which works just right: 'onComplete': function() { $("#fancybox-wrap, #fancybox-overlay").delay(3000).fadeOut(); } if you don't want the user to close the box, then add modal=true The scenario is I would like the user to have the option to close the modal when they click on the [close] button or click anywhere on the overlay. I'm using the latest version of FB and jQuery on Rails. Here's my script: <script type="text/javascript"> jQuery(document).ready(function() { jQuery("#link_post").fancybox({ 'autoDimensions':false, 'width':380, 'height':50, 'title':'This message box will automatically close in 10 seconds.', 'titlePosition':'outside', 'onComplete': function() { jQuery("#fancybox-wrap, #fancybox- overlay").delay(10000).fadeOut(); } }); }); </script> However, when i clicked on the close button, the title and close button will fade away, but the FB's content and overlay are still there! it will only fade away after 10 seconds. So, my question is how to overwrite the 'onComplete' function if user clicks on the close button before it automatically closes?

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  • PeopleSoft 9.2 Financial Management Training – Now Available

    - by Di Seghposs
    A guest post from Oracle University.... Whether you’re part of a project team implementing PeopleSoft 9.2 Financials for your company or a partner implementing for your customer, you should attend some of the new training courses.  Everyone knows project team training is critical at the start of a new implementation, including configuration training on the core application modules being implemented. Oracle offers these courses to help customers and partners understand the functionality most relevant to complete end-to-end business processes, to identify any additional development work that may be necessary to customize applications, and to ensure integration between different modules within the overall business process. Training will provide you with the skills and knowledge needed to ensure a smooth, rapid and successful implementation of your PeopleSoft applications in support of your organization’s financial management processes - including step-by-step instruction for implementing, using, and maintaining your applications. It will also help you understand the application and configuration options to make the right implementation decisions. Courses vary based on your role in the implementation and on-going use of the application, and should be a part of every implementation plan, whether it is for an upgrade or a new rollout. Here’s some of the roles that should consider training: · Configuration or functional implementers · Implementation Consultants (Oracle partners) · Super Users · Business Analysts · Financial Reporting Specialists · Administrators PeopleSoft Financial Management Courses: New Features Course: · PeopleSoft Financial Solutions Rel 9.2 New Features Functional Training: · PeopleSoft General Ledger Rel 9.2 · PeopleSoft Payables Rel 9.2 · PeopleSoft Receivables Rel 9.2 · PeopleSoft Asset Management Rel 9.2 · Expenses Rel 9.2 · PeopleSoft Project Costing Rel 9.2 · PeopleSoft Billing Rel 9.2 · PeopleSoft PS / nVision for General Ledger Rel 9.2 Accelerated Courses (include content from two courses for more experienced team members): · PeopleSoft General Ledger Foundation Accelerated Rel 9.2 · PeopleSoft Billing / Receivables Accelerated Rel 9.2 · PeopleSoft Purchasing / Payable Accelerated Rel 9.2 View PeopleSoft Training Overview Video

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  • Financial Statement Presentation Changes

    - by Theresa Hickman
    On March 10, 2010, FASB and IASB came to an agreement on financial statement presentation. They have been discussing changes for some time, such as displaying more lines items and moving certain line items from equity to the P&L, and now it seems they have finally come to a joint decision and put it in writing. I recently learned that there will be a trend to book nothing to equity and to convey everything in the P&L to take away any facility for companies to hide losses from its shareholders, investors, etc. (I'm exaggerating when I say book nothing to equity. Obviously, those items that already live there, such as stocks and dividends, would stay there.) But accounts like your CTA (Cumulative Translation Adjustment account) used to plug the gain or loss from equity translation would move from the equity section to your expense section. The rationale is that when you run translation, you're doing so for a subsidiary that you own, or simply put, it's a foriegn investment. Thus, the gains/losses of that foriegn investment should be itemized on your P&L and not buried in equity. The FASB will include changes in financial statement presentation in its Exposure Draft that is planned for issuance at the end of April 2010. Companies will be required to adopt the financial statement presentation provisions retroactively. Yes, that means companies will need to apply these changes to previously issued financial statements. The FASB Summary of Board Decisions can be found at "fasb.org".

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  • Announcement: Federal Financial Briefing

    - by jeffrey.waterman
    Dear Oracle/PeopleSoft Federal Financial Management Customers: Oracle is pleased to announce that we will conduct the next Federal Financial Management Briefing on Tuesday, April 17th from 8:30 am until 2:00 pm at the Oracle Campus in Reston, Virginia. The Registration Link and Agenda can be found at the web site below: Federal Financial Briefing: Register Here Directions to Oracle Reston: From the Beltway take the Dulles Toll Road (Route 267 West). Do not get on the Dulles Access Road or you will not be able to exit until you get to the airport. Take the Reston Parkway Exit (Exit 12). At the end of the exit ramp, turn right onto Reston Parkway. Make your first right onto Sunset Hills Road. Take a Right turn onto Oracle Way and park in Visitor Parking. The receptionist will direct you to the CAB.

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  • Best way to close nested streams in Java?

    - by dirtyvagabond
    What is considered the best, most comprehensive way to close nested streams in Java? For example, consider the setup: FileOutputStream fos = new FileOutputStream(...) BufferedOS bos = new BufferedOS(fos); ObjectOutputStream oos = new ObjectOutputStream(bos); I understand the close operation needs to be insured (probably by using a finally clause). What I wonder about is, is it necessary to explicitly make sure the nested streams are closed, or is it enough to just make sure to close the outer stream (oos)? One thing I notice, at least dealing with this specific example, is that the inner streams only seem to throw FileNotFoundExceptions. Which would seem to imply that there's not technically a need to worry about closing them if they fail. Here's what a colleague wrote: Technically, if it were implemented right, closing the outermost stream (oos) should be enough. But the implementation seems flawed. Example: BufferedOutputStream inherits close() from FilterOutputStream, which defines it as: 155 public void close() throws IOException { 156 try { 157 flush(); 158 } catch (IOException ignored) { 159 } 160 out.close(); 161 } However, if flush() throws a runtime exception for some reason, then out.close() will never be called. So it seems "safest" (but ugly) to mostly worry about closing FOS, which is keeping the file open. What is considered to be the hands-down best, when-you-absolutely-need-to-be-sure, approach to closing nested streams? And are there any official Java/Sun docs that deal with this in fine detail?

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  • Managing Operational Risk of Financial Services Processes – part 2/2

    - by Sanjeev Sharma
    Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif"; mso-bidi-font-family:"Times New Roman";} In my earlier blog post, I had described the factors that lead to compliance complexity of financial services processes. In this post, I will outline the business implications of the increasing process compliance complexity and the specific role of BPM in addressing the operational risk reduction objectives of regulatory compliance. First, let’s look at the business implications of increasing complexity of process compliance for financial institutions: · Increased time and cost of compliance due to duplication of effort in conforming to regulatory requirements due to process changes driven by evolving regulatory mandates, shifting business priorities or internal/external audit requirements · Delays in audit reporting due to quality issues in reconciling non-standard process KPIs and integrity concerns arising from the need to rely on multiple data sources for a given process Next, let’s consider some approaches to managing the operational risk of business processes. Financial institutions considering reducing operational risk of their processes, generally speaking, have two choices: · Rip-and-replace existing applications with new off-the shelf applications. · Extend capabilities of existing applications by modeling their data and process interactions, with other applications or user-channels, outside of the application boundary using BPM. The benefit of the first approach is that compliance with new regulatory requirements would be embedded within the boundaries of these applications. However pre-built compliance of any packaged application or custom-built application should not be mistaken as a one-shot fix for future compliance needs. The reason is that business needs and regulatory requirements inevitably out grow end-to-end capabilities of even the most comprehensive packaged or custom-built business application. Thus, processes that originally resided within the application will eventually spill outside the application boundary. It is precisely at such hand-offs between applications or between overlaying processes where vulnerabilities arise to unknown and accidental faults that potentially result in errors and lead to partial or total failure. The gist of the above argument is that processes which reside outside application boundaries, in other words, span multiple applications constitute a latent operational risk that spans the end-to-end value chain. For instance, distortion of data flowing from an account-opening application to a credit-rating system if left un-checked renders compliance with “KYC” policies void even when the “KYC” checklist was enforced at the time of data capture by the account-opening application. Oracle Business Process Management is enabling financial institutions to lower operational risk of such process ”gaps” for Financial Services processes including “Customer On-boarding”, “Quote-to-Contract”, “Deposit/Loan Origination”, “Trade Exceptions”, “Interest Claim Tracking” etc.. If you are faced with a similar challenge and need any guidance on the same feel free to drop me a note.

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  • Windows 7 - Intermittently processes will not close when the app closes

    - by Bill Sambrone
    I have a user I am supporting who has the strangest issue. There are 2 problem applications, Word 2010 and a scanning program called ScandallPro. Intermittently (and at least once a day), she will close an app and the underlying process will not close. Both Word 2010 and this scanning software have all the latest updates. There is another user who has the same software that does not have this problem, and has identical hardware. I have formatted and rebuilt the computer for the user who is having the problems. After the rebuild, the machine was fine for a day but the scanning software continues to intermittently keep the process running even after it is closed. This is a problem because she cannot open a new instance of it while the process is still running. There is a boatload of line of business software on this machine, all of which she needs. I believe the Word 2010 issue is due to a misbehaving add-in (there are 2 add-ins, neither of which seem stable), and I think my best bet is to work with the add-in vendor on it. The scanning program staying open is isolated to this 1 user. The only difference between her machine and the other user is that she has Quickbooks, RoboForm, and Adobe Acrobat X Pro. Any ideas of what can be causing this, or other diagnostic steps to try?

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  • WinForms Form won't close on pressing X or Close() in C#

    - by MadBoy
    I'm having a bit weird problem with WinForm which seems to refuse to close for some weird reason. I've got very simple gui which sometimes doesn't react for me pressing X or when i use events on buttons it even reaches Close() and does nothing.. private void buttonZapisz_Click(object sender, EventArgs e) { string plik = textBoxDokumentDoZaladowania.Text; if (File.Exists(plik)) { string extension = Path.GetExtension(plik); string nazwaPliku = Path.GetFileName(plik); SqlMethods.databaseFilePut(plik, comboBoxTypDokumentu.Text, textBoxKomentarz.Text, sKlienciID, sPortfelID, extension, nazwaPliku); Close(); } } There are no events assigned to FormClosed or FormClosing. So how can I find out what's wrong. Sometimes X will work after the GUI is loaded but after i press Button to save some stuff to database it reaches Close() in that button event and it still is visible and does nothing. Can't use X, nor ALT+F4. I can go around GUI and choose other values for ComboBox without problem. I call GUI like this: private void contextMenuDokumentyDodaj_Click(object sender, EventArgs e) { var lv = (ListView) contextMenuDokumenty.SourceControl; string varPortfelID = Locale.ustalDaneListViewKolumny(listViewNumeryUmow, 0); string varKlienciID = Locale.ustalDaneListViewKolumny(listViewKlienci, 0); if (lv == listViewDokumentyPerKlient) { if (varKlienciID != "") { var dokumenty = new DocumentsGui(varKlienciID); dokumenty.Show(); dokumenty.FormClosed += varDocumentsGuiKlienci_FormClosed; } } else if (lv == listViewDokumentyPerPortfel) { if (varPortfelID != "" && varKlienciID != "") { var dokumenty = new DocumentsGui(varKlienciID, varPortfelID); dokumenty.Show(); dokumenty.FormClosed += varDocumentsGuiPortfele_FormClosed; } } } While I can't close GUI i can work on the main gui without problem too. I can open up same GUI and after opening new GUI i can quickly close it. GUI is very simple with few ComboBoxes,TextBoxes and one EditButton from Devexpress. Edit: varDocumentsGuiPortfele_FormClosed code allows me to refresh GUI (reload ListView's depending on where the user is on now). private void varDocumentsGuiPortfele_FormClosed(object sender, FormClosedEventArgs e) { TabControl varTabControl = tabControlKlientPortfele; if (varTabControl.TabPages.IndexOf(tabPageDokumentyPerKlient) == varTabControl.SelectedIndex) { loadTabControlKlientPortfeleBezZmianyUmowy(); } }

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  • How-to hide the close icon for task flows opened in dialogs

    - by frank.nimphius
    Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} ADF bounded task flows can be opened in an external dialog and return values to the calling application as documented in chapter 19 of Oracle Fusion Middleware Fusion Developer's Guide for Oracle Application Development Framework11g: http://download.oracle.com/docs/cd/E15523_01/web.1111/b31974/taskflows_dialogs.htm#BABBAFJB Setting the task flow call activity property Run as Dialog to true and the Display Type property to inline-popup opens the bounded task flow in an inline popup. To launch the dialog, a command item is used that references the control flow case to the task flow call activity <af:commandButton text="Lookup" id="cb6"         windowEmbedStyle="inlineDocument" useWindow="true"         windowHeight="300" windowWidth="300"         action="lookup" partialSubmit="true"/> By default, the dialog that contains the task flow has a close icon defined that if pressed closes the dialog and returns to the calling page. However, no event is sent to the calling page to handle the close case. To avoid users closing the dialog without the calling application to be notified in a return listener, the close icon shown in the opened dialog can be hidden using ADF Faces skinning. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} The following skin selector hides the close icon in the dialog af|panelWindow::close-icon-style{ display:none; } To learn about skinning, see chapter 20 of Oracle Fusion Middleware Web User Interface Developer's Guide for Oracle Application Development Framework http://download.oracle.com/docs/cd/E15523_01/web.1111/b31973/af_skin.htm#BAJFEFCJ However, the skin selector that is shown above hides the close icon from all af:panelWindow usages, which may not be intended. To only hide the close icon from dialogs opened by a bounded task flow call activity, the ADF Faces component styleClass property can be used. The af:panelWindow component shown below has a "withCloseWindow" style class property name defined. This name is referenced in the following skin selector, ensuring that the close icon is displayed af|panelWindow.withCloseIcon::close-icon-style{ display:block; } In summary, to hide the close icon shown for bounded task flows that are launched in inline popup dialogs, the default display behavior of the close icon of the af:panelWindow needs to be reversed. Instead to always display the close icon, the close icon is always hidden, using the first skin selector. To show the disclosed icon in other usages of the af:panelWindow component, the component is flagged with a styleClass property value as shown below <af:popup id="p1">   <af:panelWindow id="pw1" contentWidth="300" contentHeight="300"                                 styleClass="withCloseIcon"/> </af:popup> The "withCloseIcon" value is referenced in the second skin definition af|panelWindow.withCloseIcon::close-icon-style{ display:block; } The complete entry of the skin CSS file looks as shown below: af|panelWindow::close-icon-style{ display:none; } af|panelWindow.withCloseIcon::close-icon-style{ display:block; }

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  • CVE-2012-1714 TList 6 ActiveX control remote code execution vulnerability in Hyperion Financial Management

    - by chandan
    CVE DescriptionCVSSv2 Base ScoreComponentProduct and Resolution CVE-2012-1714 Remote code execution vulnerability 10 TList 6 ActiveX control Hyperion Financial Management 11.1.1.4 Contact Support Hyperion Financial Management 11.1.2.1.104 Microsoft Windows (32-bit) Microsoft Windows (64-bit) This notification describes vulnerabilities fixed in third-party components that are included in Sun's product distribution.Information about vulnerabilities affecting Oracle Sun products can be found on Oracle Critical Patch Updates and Security Alerts page.

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  • Improving the Extended Financial Close and Reporting Process

    Coming out of the recession, many organizations need to build or re-build trust with key stakeholders by delivering more timely and accurate financial and operating results. In this podcast, hear about new capabilities Oracle is delivering through its Enterprise Performance Management products to help organizations coordinate and improve the extended financial close and reporting process, from closing the sub-ledgers to regulatory filings.

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  • Secrets of Creating a Digital Marketing System For a Financial Management Firm

    A Financial Management firm can create a strong web presence by designing and developing a business website on the internet. However, this step alone is not a digital marketing plan. Just putting up a Financial Management firm website on the internet is similar to establishing a physical business like a shop or an office, and then just sitting back and waiting for the customers to flow in. More than likely, it will not happen and your website will resemble a billboard in the desert.

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  • Improving the Extended Financial Close and Reporting Process

    Coming out of the recession, many organizations need to build or re-build trust with key stakeholders by delivering more timely and accurate financial and operating results. In this podcast, hear about new capabilities Oracle is delivering through its Enterprise Performance Management products to help organizations coordinate and improve the extended financial close and reporting process, from closing the sub-ledgers to regulatory filings.

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  • Java BufferedWriter close()

    - by rakeshr
    Hi, assume that I have the following code fragment operation1(); bw.close(); operation2(); When I call BufferedReader.close() from my code, I am assuming my JVM makes a system call that ensures that the buffer has been flushed and written to disk. I want to know if close() waits for the system call to complete its operation or does it proceed to operation2() without waiting for close() to finish. To rephrase my question, when I do operation2(), can I assume that bw.close() has completed successfully?

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  • EPPM Webcast Series Part II: Build – Consistently delivering successful projects to ensure financial success

    - by Sylvie MacKenzie, PMP
    Oracle Primavera invites you to the second in a series of three webcasts linking Enterprise Project Portfolio Management with enhanced operational performance and better financial results. Join us for the next installment of our 'Plan, Build, Operate' webcast series, as we look to address the challenges organizations face during the execution phase of their projects. Webcast II: Build – Consistently delivering successful projects to ensure financial success. This webcast will look at Three key questions: How do you maintain consistency in delivery whilst maintaining visibility and control? How do you deal with project risk and mitigation strategies? How do you ensure accurate reporting? Hear from Geoff Roberts, Industry Strategist from Oracle Primavera. Geoff will look at how solutions can help to address the challenges around: Visibility and governance Communication and complex coordination Collecting and reporting progress Measuring and reporting It is imperative that organizations understand the impact projects can have on their business. Attend this webcast and understand how consistently delivering successful projects is vital to the financial success of an asset intensive organisation. Register today! Please forward this invite to your colleagues who you think may benefit from attending.

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  • Financial institutions build predictive models using Oracle R Enterprise to speed model deployment

    - by Mark Hornick
    See the Oracle press release, Financial Institutions Leverage Metadata Driven Modeling Capability Built on the Oracle R Enterprise Platform to Accelerate Model Deployment and Streamline Governance for a description where a "unified environment for analytics data management and model lifecycle management brings the power and flexibility of the open source R statistical platform, delivered via the in-database Oracle R Enterprise engine to support open standards compliance." Through its integration with Oracle R Enterprise, Oracle Financial Services Analytical Applications provides "productivity, management, and governance benefits to financial institutions, including the ability to: Centrally manage and control models in a single, enterprise model repository, allowing for consistent management and application of security and IT governance policies across enterprise assets Reuse models and rapidly integrate with applications by exposing models as services Accelerate development with seeded models and common modeling and statistical techniques available out-of-the-box Cut risk and speed model deployment by testing and tuning models with production data while working within a safe sandbox Support compliance with regulatory requirements by carrying out comprehensive stress testing, which captures the effects of adverse risk events that are not estimated by standard statistical and business models. This approach supplements the modeling process and supports compliance with the Pillar I and the Internal Capital Adequacy Assessment Process stress testing requirements of the Basel II Accord Improve performance by deploying and running models co-resident with data. Oracle R Enterprise engines run in database, virtually eliminating the need to move data to and from client machines, thereby reducing latency and improving security"

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