predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of Eastspring Investments or

presentation should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or

as well as predictions, projections and fore- casts of the economy or economic trends of the markets, which are not necessarily indicative of the future or likely performance of the Company. Such

in such statements. None of the future projections, expectations, estimates or prospects in this Framework should be taken as forecasts or promises nor should they be taken as implying any indication

achievements exprESSEd or implied by such forward‐looking statements. None of the future projections, expectations, estimates or prospects in this presentation should be taken as forecasts or promises nor should

not forecasts or predictions, but tools to describe potential pathways that lead to a particular outcome or goal. Stress tests: process of evaluating a number of statistically defined possibilities to

news more periodically through twitter. • Consistent with predictions of Trueman (1997). Strategic Tweeting Behavior: Industry Competition • Increase in return skewness as a result of tweeting for firms

, the accounting figures supported more accurate profit and cash flow forecasts as well as more useful for predicting positive future stock returns.  In case of China, the study found no relationship

reported earnings objective - to avoid loss - to increases in annually earnings - to meet analysts’ earnings forecasts 4 Motivations to Manage Earnings Internal factors External factors Firm’s

Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................