ABN is an abbreviation for the Alabama Board of Nursing. It is also an abbreviation for Advance Beneficiary Notice. The context in which ABN is used will determine what it stands for.
QCCU, also known as Queensland Country Credit Union, is an Australian bank. Its swift code is ABN 11 087 651 027.
Australian Business Numbers (ABN) When you are filing the 1040 federal income tax return for the tax year 2009 the return and any taxes that were due were supposed to postmarked before midnight April 15 2010.You can still file the tax return before October 15 2010.
You would file as an individual, or sole proprietor. Check on irs.gov to find out if you need to start paying quarterly estimated taxes and how to figure out your income. Also, you will need to keep records and receipts as far as costs in managing your business.In Australia:You would be file under "sole trader" and would need an ABN number to work for yourself. Every sole trader pays income tax but you may need to see if you have to apply for GST as you may need to also pay GST on a quarterly basis. (This depends on you income)
Goodwill is a class of intangible asset which arises when you acquire a business. Goodwill is the surplus of price paid for the target's shares over the net assets of the target (net assets = book value of equity = total assets less total liabilities = shareholders' equity = shareholders' funds).Writing down goodwill under IFRSUnder IFRS (international financial reporting standards) the value of goodwill is checked each year under an "impairment test" and goodwill is written down if a valuation shows that the acquired target is not worth as much as previously thought. An example is the UK bank RBS's 2007 acquisition of Dutch bank ABN Amro. In 2009 RBS revealed the biggest loss in UK corporate history after it impairment tested ABN Amro and wrote down the value of its investment.Writing down goodwill under other accounting regimesUnder other accounting regimes e.g. UK and Dutch generally accepted accounting practice, goodwill is amortised or written down a little bit each year, just like depreciation on fixed assets.Lessons for financial modelling in Excel - the simple solutionIf you are trying to model an acquisition by a business that accounts under IFRS, the simplest way to model goodwill is to assume no future forecast change. It's not going to make much sense to forecast an anticipated write down or other revaluation and, in any case, it's a not a cash item so doesn't affect the business's economics.The more complicated pictureThe picture above is slightly simplified. When one business acquires another, goodwill is generated as described above. At the same time, the acquirer gets an opportunity to revalue the existing assets of the target upwards. The acquirer gets the opportunity to review the target's existing assets and also identify separate intangibles sitting within the target (e.g. a brand or publishing title that can be valued as a separate intangible asset). In effect, this means that the price the acquirer pays for the target can be broken down into:(i) the fair market value of the target's existing assets and liabilities;(ii) the value attached to separately identifiable intangibles; and(iii) goodwill (equals the surplus of price paid for the target's shares over the value of the other two types of assets).Points (i) through (iii) above provide you with a sense of how balance sheet values could change following an acquisition. In the P&L, following acquisition:(i) revalued tangible assets will be depreciated, increasing depreciation expense;(ii) intangibles will be amortised, increasing amortisation expense;(iii) under IFRS goodwill will be impairment tested each year as per the previous RBS example.In effect the acquisition process gives the acquirer the chance to:(i) 'find' some extra tangible assets that can be depreciated;(ii) 'find' some extra intangibles that can be amortised; and(iii) reduce the amount of goodwill showing on the balance sheet.Lessons for financial modelling in Excel: the more complicated solutionWhen modelling a merger in Excel you could, if you wished:(i) estimate expected revaluations of tangible assets and increases in depreciation;(ii) estimate separately identifiable intangibles and increases in amortisation.ConclusionWithout having gone through a valuation exercise ahead of the acquisition it is going to be very hard to forecast expected revaluations and they are non cash anyway - so it may make more sense to model intangibles as per "the simple solution" above. That is, just calculate goodwill as the surplus of price paid for the target's shares over the net assets of the target and forecast no change/ write down going forward. There are always so many big variables when you are trying to model an acquisition that it's hard to imagine that there is much to gain by super-accurate forecasting of non-cash items.Financial Training Associates Ltd: the CompanyThis answer has been provided by Financial Training Associates Ltd, a company that provides in-house training courses in excel financial modelling training, corporate and projecte finance, valuation and related subjects.
ALGAMENE BANK NEDERLAND (ABN) - Amsterdam-Rotterdam (AMRO) is the full form for ABN-AMRO Bank.
The Full Form of ABN AMRO is Algemene bank Nederland (ABN) and the Amsterdamsche-Rotterdamsche Bank (AMRO).
ABN Amro bank is located in Amsterdam Netherlands. The routing number for ABN Amro Bank in Netherlands is 7456753754.
ABN AMRO Group was created on 2009-12-18.
ABN AMRO had its beginnings in the 1990 merger of the two largest banks in the Netherlands, Algemene Bank Nederland (ABN) and Amsterdam-Rotterdam Bank (AMRO).
You can find more information about the ABN AMRO Bank online at the official ABN AMRO Group website. You can also visit the ABN AMRO Wikipedia page to learn about the history of the company.
ABN Amro bank's routing number is 026009580.
ABN Amro is a abbreviation of "Algemene Bank Nederland / Amsterdam-Rotterdam Bank"
Is Paul Van Berg working at your branch in Amsterdam and position does he cover at ABN AMRO Bank in Amsterdam?
For delhi, BSR code is 6410008
R.W.J.Groenink
ABN-AMRO Bank