com/cgi-bin/prnh/20040820 /RESEARCH )
Comprising views from the leading industry experts this new volume
contains current and highly topical assessments of the latest auditing and
accounting standards for the ever-growing derivatives market, presented
through practically focused, results driven content designed to keep you
up-to-date and more efficient in your everyday work.
Premium is the first drilling contractor to implement IMPACT and joins the
many major corporations already using IMPACT Enterprise such as ExxonMobil,
Shell, ConocoPhillips and M-I SWACO.syntexsolutions.

certifications ems

The ISO 14000 series includes standards on environmental auditing, life cycle analysis, environmental performance evaluation, and more.

The purpose of these standards is to incorporate environmental aspects into the operations and product standards of industries and other organizations.

ohsas implementing

researchandmarkets.

stepped 9000

The topic of Environmental Management Systems has to do with the implementation of the ISO-14000 series of international standards.

minimization standardization

ems 14000

com
Fax: +353 1 4100 980

Syntex looks forward to working with Premium Drilling towards achieving
their goal to become the contractor of choice for safe and environmentally
responsible drilling services, while providing new high specification jack-up
drilling units.

Business Editors /Banking Writers/Financial Editors

DUBLIN, Ireland----Research and
Markets (http://www.

minimization epa

IMPACT Enterprise(R) to Help Create the Best Culture Early On

HOUSTON, Syntex Management Systems, Inc.

iso minimization

Research and Markets: IAS 39 and the Variety of Derivatives used in Risk Management Focussing Debate on the Pros and Cons of Proposed Hedge Accounting Standard

The implementation of IMPACT Enterprise
will be completed during the first quarter 2006.

stepped 9000

(Logo: http://www.
Syntex has raised the bar in providing collaborative software for all
users to be able to report incidents and manage action items in IMPACT
Enterprise.

Research and Markets: Derivatives Accounting and Risk Management: Key Concepts and the Impact of IAS 39

14001 certifications

com/reports/c13763 ) has announced the addition
of Derivatives Accounting and Risk Management: Key Concepts and the Impact of
IAS 39 to their offering.

Environmental Management Systems should not be confused with systems for managing environmental data.

epa referring

confused 14001

- Provides auditors and accountants with a current and comprehensive guide
to auditing standards for derivatives

- Covers definitions of derivatives, current problems in auditing them,
current and future audit plans, audit tests, as well as what constitutes
a true and fair view of a company's accounts

- Updates your auditing methods and skills to incorporate IAS 39,
including an assessment of its pros and cons, and additionally covers of
the practical implementation issues of SAS 92, FASB 133 and others

- Highlights the risks present in current derivatives auditing techniques
and illustrate how new accounting standards can help reduce them

- In-depth coverage of: derivative instruments, including their
applications , key risks and control; auditing employee compliance risks;
key concepts for the internal auditor when approaching credit risk; and
derivatives disaster case studies

The advent of international accounting standards such as IAS 39 and the
growing importance and variety of derivatives used in risk management has
focused debate on the pros and cons of the current and proposed hedge
accounting standards and new audit tests. The Preferred Practice implementation, which has been widely
successful with many customers in the industry, will provide Premium with
industry standards at a rapid rate. To learn more about Syntex and our products and services, please visit
our Web site at http://www.

standardization beac

Premium Drilling Selects Syntex Management Systems Inc. for Operational Risk Management Solution

This is a series of voluntary standards on environmental management tools and systems developed and maintained by ISO, the International Organization for Standardization.

recognizing interactively

researchandmarkets.com .

14001 standardization

Syntex is
helping organizations around the world reduce exposure and loss, and thus reap
significant improvements in Enterprise Risk Management (ERM) and Quality,
Health, Safety and Environmental (QHSE ) performance that impact the bottom
line.

com/reports/c12737) has
announced the addition of Derivatives Accounting and Risk Management:
Key Concepts and the Impact of IAS 39 to their offering
Comprising views from the leading industry experts this new volume
contains current and highly topical assessments of the latest auditing
and accounting standards for the ever-growing derivatives market -
presented through practically focused, results-driven content designed
to keep you up -to-date and more efficient in your everyday work
- Provides auditors and accountants with a current and
comprehensive guide to auditing standards for derivatives
- Covers definitions of derivatives , current problems in auditing
them, current and future audit plans, audit tests, as well as what
constitutes a true and fair view of a company's accounts
- Updates your auditing methods and skills to incorporate IAS 39,
including an assessment of its pros and cons, and additionally covers
of the practical implementation issues of SAS 92, FASB 133 and others
- Highlights the risks present in current derivatives auditing
techniques and illustrate how new accounting standards can help reduce
them
- In-depth coverage of: derivative instruments, including their
applications, key risks and control; auditing employee compliance
risks; key concepts for the internal auditor when approaching credit
risk; and derivatives disaster case studies
The advent of international accounting standards such as IAS 39
and the growing importance and variety of derivatives used in risk
management has focused debate on the pros and cons of the current and
proposed hedge accounting standards and new audit tests.researchandmarkets.

certifications incorporate

assessing recognizing

DUBLIN, Ireland, Research and Markets
(http://www. To give you a broad understanding of
the field, this title combines the unique knowledge of experts from both the
private and public sectors, as well as the latest insights from leading
academics to answer such questions as:

- What constitutes a true and fair view of a company's accounts?
- How will the new standards affect the risk management practices of banks
and corporates?
- What are the consequences for overall market volatility?
- What tests can auditors apply in order for them to confidently sign off
on a company's accounts?
- What are the key risks associated with derivatives?

For more information visit
http://www.com/reports/c13763

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets . Creating the right culture early on
allows for strong uniform standards and importance to HSE initiatives be set
in place as Premium Drilling matures.

iso 19011

referring epa

Syntex Management Systems designs, develops, and delivers software
solutions for Enterprise Risk Management in multiple industries.com/reports /c12737

19011 interactively

, a
provider of Enterprise Risk Management (ERM) software solutions, is pleased to
announce that Premium Drilling is implementing IMPACT Enterprise(R) as their
operational risk management solution for health, safety and environment.

assessing 14001

newscom.

implementing ems

ems stepped

researchandmarkets.

beac recognizing

IMPACT Enterprise will be used as the platform for the development and
implementation of operational risk management business processes for Premium
Drilling, enabling a uniformed culture to be shaped at the inception of
Premium Drilling's business operations.

About Syntex Management Systems, Inc.

iso confused

To give you a
broad understanding of the field, this title combines the unique
knowledge of experts from both the private and public sectors, as well
as the latest insights from leading academics to answer such questions
as:

- What constitutes a true and fair view of a company's accounts?

- How will the new standards affect the risk management practices
of banks and corporates?

- What are the consequences for overall market volatility?

- What tests can auditors apply in order for them to confidently
sign off on a company's accounts?

- What are the key risks associated with derivatives?

For more information visit
http://www.

Often, when people refer to ISO 14000, they are actually referring to one standard in the series: ISO 14001.

recognizing 14001

---

- - kjjkjk

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