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With the aim of streamlining all guidelines, instructions and guidelines relating to the presentation and disclosure of financial statements of banks, the Reserve Bank of India (RBI) has issued a “Principal Direction” for all categories of banks: banks commercial, primary banks (urban areas) Cooperative banks. This 106-page document will be entitled “Reserve Bank of India …

DALLAS, TEXAS, August 24, 2021 (GLOBE NEWSWIRE) – Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor and acquirer of organizations and technologies that support the next -production opportunities in the traditional, renewable and clean energy sectors as well as an investor, acquirer and operator of dumped oil properties, today announced …

When a company’s stakeholders want to know its performance, they look to its financial statements. A financial statement is a report summarizing financial documents written to show the financial performance and position of the business. Three statements make up the financial statement: the balance sheet, the income statement and the cash flow statement. Each shows …

What is a business worth? To get the answer, you’ll need to look at his track record. A balance sheet is a statement showing the financial position of an entity by reporting the assets, liabilities and equity on a specific date (usually at the end of an accounting period). It shows what a company owns …

It is shaping up to be a difficult time for comScore, Inc. (NASDAQ: SCOR), which released disappointing quarterly results a week ago that could have a noticeable impact on how the market views the stock. Revenue slightly exceeded expectations, reaching $ 88 million, but statutory profits fell catastrophically, with a loss of $ 0.28, some …

The quarterly results of Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) were released last week, making it a good time to review its performance. Revenue was 499% higher than analysts’ model forecast, at US $ 11 million, although statutory losses swelled 217% to US $ 1.45, which is much worse than expected. Profits are an important time …

The BOE voted unanimously to keep the discount rate at 0.1% and 7-1 to leave government bond purchases at £ 875 billion. While this latest move came less belligerent than we expected (we expected 2 dissent), the pound received a boost as policymakers hinted at a ‘modest tightening’ . Upgrading inflation forecasts IMF staff revised …

Many SOEs have now completed their second year of lease accounting under ASC 842, and the effective date for private enterprises is fast approaching. The new lease accounting rules have a significant impact on the way companies, both public and private, account for their lease portfolios and have far-reaching implications across the balance sheet. For …

A Thiruvananthapuram City Society Council meeting on Wednesday adopted the annual administrative report for 2019-2020 and the annual financial statements for 2020-2021, after more than two hours of intense debate. Mayor Arya Rajendran said changes, if necessary, would be made to the financial statements, based on certain discrepancies, as some of the opposition advisers pointed …

LONDON, UK / ACCESSWIRE / August 3, 2021 /Rapid Nutrition PLC (Euronext Growth: ALRPD) (OTCQB: RPNRF), a natural healthcare company focused on sports nutrition, diet management and life science products with growing global distribution, has further streamlined the company’s balance sheet to pursue its industry-specific consolidation strategy and build investor confidence. The company is pleased …