Various boards, management committees and public sector entities are currently immersed in the year-end ritual of poking, pushing, questioning by types of accounting known as financial statement auditing. These audits are led by audit professionals who are generally registered company auditors and are required to ensure that they comply with accounting standards, auditing standards, ethical …

If you’re interested in investing, you’ve probably read quite a few articles that say “do your homework” before buying a stock. Reading and understanding a balance sheet is one of these duties. Together with the income statement and the cash flow statement, the balance sheet gives investors a sense of the value of a business, …

Shares of Oatly (OTLY), the maker of plant-based versions of dairy, sank on Wednesday following a critical report from an activist short seller raising concerns over the accuracy of financial statements of the company and the robustness of its environmental, social and governance practices (ESG). In a new 124-page report, activist short seller Ben Axler, …

The Autorité des marchés financiers (FMA) issued a notice of violation to crowdfunding service provider Equitise Pty Ltd for failing to file financial statements by their due date. Wednesday July 14, 2021, 10:26 a.m. by Matthieu Martin Equitise has been approved by the FMA as a crowdfunding service provider since December 22, 2014. As an …

A company records its raw material costs in its income statement as part of operating expenses and typically lists them as cost of goods sold (COGS). Raw materials are grouped under cost of goods sold (COGS). COGS appear on the income statement. Raw materials Any substance or material used in the production or manufacture of …

Vancouver, British Columbia – (Newsfile Corp. – June 30, 2021) – Upco International Inc. (CSE: UPCO) (OTC Pink: UCCPF) (FSE: U06) (“Upco”) is pleased to inform shareholders of the FS 2020 Result. These documents are available on the SEDAR website at www.sedar.com. Overview The Company ended the previous financial year 2020 with a significantly strengthened …

DALLAS, June 28, 2021 / PRNewswire / – MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Company”) Announces Prepaid $ 100 million the balance of the capital under its second ranking credit agreement, dated June 26, 2019, with Bank of America, NA, as administrative agent, party financial institutions as lenders, and other party agents. MoneyGram …

Suven Pharmaceuticals Limited (NSE: SUVENPHAR) Shareholders are probably feeling a bit disappointed, as its shares fell 7.4% to 480 yen the week after its latest annual results. It was a fairly mixed result, with revenues exceeding expectations reaching 10 billion yen. Statutory profits fell 3.2% below analysts’ expectations to 14.23 per share. Analysts usually update …

Shareholders of American Society of Superconductors (NASDAQ: AMSC) will rejoice this week, as the stock price is up 17% to US $ 17.54 following its latest annual results. American Superconductor reported revenue of US $ 87 million, as expected, but unfortunately also reported (statutory) losses of US $ 0.95 per share, slightly above expectations. Analysts …

WINNIPEG, Manitoba, May 31, 2021 (GLOBE NEWSWIRE) – The North West Company (“North West”) today released this statement from Edward Kennedy, President and CEO, on the discovery of the remains 215 Indigenous children at the former Kamloops Indian Residential School: “North West supports the Indigenous peoples of Canada who lost their loved ones to the …