Financial accounting

 The Fedcap Group Reports FY 2019 Year-End Financial and Programmatic Results

Retrieved on: 
Thursday, December 19, 2019
Banking, Professional services, Finance, Calendars, Financial accounting, Fiscal year

The Fedcap Group, the parent company for a growing network of top-tier nonprofit agencies, today reported its financial and programmatic results for fiscal 2019 ended September 30, 2019.

Key Points: 
  • The Fedcap Group, the parent company for a growing network of top-tier nonprofit agencies, today reported its financial and programmatic results for fiscal 2019 ended September 30, 2019.
  • 2019 was a period of significant progress for The Fedcap Group, said Christine McMahon, Chief Executive Officer.
  • The Fedcap Groups branded agencies provided services to over 245,000 children, youth and adults in fiscal year 2019.
  • FY 2019 results have set the stage for another year of positive achievements at The Fedcap Group.

Topic Analysis a Strong Predictor of Financial Misreporting, According to University of Illinois Study

Retrieved on: 
Thursday, December 19, 2019
Accounting, Financial accounting, Fraud, Crime, Articles, Human behavior

The researchers analyzed more than 3 billion words of text from 10-K filings issued from 1994-2012.

Key Points: 
  • The researchers analyzed more than 3 billion words of text from 10-K filings issued from 1994-2012.
  • The study, which will be published in the Journal of Accounting Research, found that this topic analysis improved fraud prediction by as much as 59% in certain samples.
  • These results could haveimplications for managers and regulators worldwide by showing how topic analysis can be used to detect high-risk accounting practices.
  • "With topic analysis, we are able to detect close to 30 frauds that were not detected by traditional measures," said Brown.

Forbes Magazine Names James Moore & Company Among America's Top Recommended Tax and Accounting Firms

Retrieved on: 
Monday, December 16, 2019
Accounting, Financial accounting, Certified Public Accountant, Business, Economy

GAINESVILLE, Fla., Dec. 16, 2019 /PRNewswire/ --James Moore & Company today announced that Forbes Magazine has recognized the Florida-based CPA and full-service consulting firm as one of America's Top Recommended Tax and Accounting Firms.

Key Points: 
  • GAINESVILLE, Fla., Dec. 16, 2019 /PRNewswire/ --James Moore & Company today announced that Forbes Magazine has recognized the Florida-based CPA and full-service consulting firm as one of America's Top Recommended Tax and Accounting Firms.
  • The list included 227 companies, accounting for only 0.5% of the firms in the country, and James Moore & Company was among a more exclusive subgroup of firms to make the list for both tax and accounting.
  • "We are honored to be included in this select group of the nation's most knowledgeable and effective firms," said Suzanne Forbes, Managing Partner, James Moore & Company.
  • Click here to learn more about Forbes Magazine's list of America's Top Recommended Tax and Accounting Firms.

HEXO Corp reports financial results for the first quarter fiscal 2020

Retrieved on: 
Monday, December 16, 2019
Corporate taxation, Calendars, Financial accounting, Fiscal year, Deferred tax, Cannabis, Medicine, Articles, Medical specialties

The adjusted EBITDAs gross margin remained decreased to (59%), a decrease of 6% from the same comparative period from fiscal 2019 and 7% with the previous quarter.

Key Points: 
  • The adjusted EBITDAs gross margin remained decreased to (59%), a decrease of 6% from the same comparative period from fiscal 2019 and 7% with the previous quarter.
  • As previously announced, during the first quarter fiscal 2020, the Company is improving its cost structure and operational efficiencies.
  • This error remains in the deferred tax liability in both the interim financial statements for the quarter ended October 31, 2019 and the audited financial statements for the fiscal year ended July 31, 2019.
  • HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market.

Parks! America, Inc. Reports 2019 Fiscal Year Results

Retrieved on: 
Thursday, December 12, 2019
Calendars, Financial accounting, Fiscal year

America, Inc. (OTCPink: PRKA), today announced the results for its fourth fiscal quarter and fiscal year ended September 29, 2019.

Key Points: 
  • America, Inc. (OTCPink: PRKA), today announced the results for its fourth fiscal quarter and fiscal year ended September 29, 2019.
  • Total net sales for the fourth fiscal quarter ended September 29, 2019 were $2,027,072, a decrease of $36,273, compared to $2,063,345 for the prior year fourth fiscal quarter ended September 30, 2018.
  • Total net sales for the 2019 fiscal year were $6,184,254, an increase of $137,496, compared to $6,046,758 for the 2018 fiscal year.
  • The Company reported net income of $1,096,538 for the 2019 fiscal year compared to reported net income of $1,011,192 for the 2018 fiscal year, resulting in an increase of $85,346.

Squire Mining Announces Corporate Name Change and Completion of Share Consolidation

Retrieved on: 
Wednesday, December 11, 2019
Corporate finance, Equity securities, Financial economics, Finance, Stock market, Mergers and acquisitions, Consolidation, Financial accounting, Share, Concentration of media ownership, Common stock

No fractional Common Shares were issued and any fractional interests resulting from the Consolidation were rounded up to the nearest whole Common Share.

Key Points: 
  • No fractional Common Shares were issued and any fractional interests resulting from the Consolidation were rounded up to the nearest whole Common Share.
  • As of December 10, 2019, the trading day prior to the completion of the Consolidation, there were 129,703,305 Common Shares issued and outstanding in the capital of the Company.
  • The Company has recently rebranded and launched a new corporate website, with a new logo and domain at www.taal.com .
  • The rebranding emphasizes the Companys focus on its diversified business and its vision of the future of mining.

Immunochemistry Analyzers Devices Pipeline Assessment, 2019 Report - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 11, 2019
Medical devices, Health, Calendars, Financial accounting, Fiscal year

6.7 Nov 05, 2019: BD announces results for 2019 fourth fiscal quarter and full year; provides fiscal 2020 guidance

Key Points: 

6.7 Nov 05, 2019: BD announces results for 2019 fourth fiscal quarter and full year; provides fiscal 2020 guidance
6.10 Oct 31, 2019: Bio-Rad reports third-quarter 2019 financial results.

CPAmerica Announces Ernie Gelpi as Chair, Appoints Two New Members to Board of Directors

Retrieved on: 
Wednesday, December 11, 2019
Accounting, Financial accounting

is the new chair of the board of CPAmerica, Inc., an accounting association of independent certified public accounting firms.

Key Points: 
  • is the new chair of the board of CPAmerica, Inc., an accounting association of independent certified public accounting firms.
  • The new board will have its first meeting of the year at CPAmerica headquarters on Jan. 21 to discuss 2020 initiatives and other long-term goals.
  • "Our firm has enjoyed being a member of CPAmerica since 2008," said Ernie Gelpi, chair of the board.
  • Among the nine elected board members, returning board members include: James Barrett of Meyers Brothers Kalicka, P.C.

Energy Services of America Releases Earnings for Fiscal Year 2019

Retrieved on: 
Tuesday, December 10, 2019
Calendars, Financial accounting, Fiscal year

HUNTINGTON, W.Va., Dec. 10, 2019 /PRNewswire/ --Energy Services of America Corporation (the "Company" or "Energy Services") (OTC QB: ESOA), parent company of C.J.

Key Points: 
  • HUNTINGTON, W.Va., Dec. 10, 2019 /PRNewswire/ --Energy Services of America Corporation (the "Company" or "Energy Services") (OTC QB: ESOA), parent company of C.J.
  • Hughes Construction Company and Nitro Construction Services, announced that net income available to common shareholders was $1.7 million for the fiscal year ended September 30, 2019, which was a $516,000 decrease from $2.2 million in fiscal year 2018.
  • Revenues were $174.5 million for the fiscal year ended September 30, 2019, which was a $39.0 million increase from $135.5 million in fiscal year 2018.
  • Below is a comparison of the Company's unaudited operating results for fiscal year 2019 compared to fiscal year 2018:

Steel Connect Reports Financial Results for the First Quarter of Fiscal Year 2020

Retrieved on: 
Tuesday, December 10, 2019
Technology, Security, Marketing, Transport, Communications, Software, Data management, Logistics, Supply chain management, Supply chain management, Retail, Calendars, Financial accounting, Fiscal year

Steel Connect, Inc. (the "Company") (NASDAQ:STCN), today announced financial results for its first quarter of fiscal year 2020 ended October 31, 2019.

Key Points: 
  • Steel Connect, Inc. (the "Company") (NASDAQ:STCN), today announced financial results for its first quarter of fiscal year 2020 ended October 31, 2019.
  • Net revenue for the first quarter of fiscal year 2020 increased $10.0 million to $225.2 million, compared to $215.1 million for the same quarter in the prior year.
  • Gross margin increased 190 basis points to 19.7% for the first quarter of fiscal year 2020, compared to 17.8% for the same quarter in the prior year.
  • Adjusted EBITDA for the first quarter of fiscal year 2020 increased $4.2 million to $22.8 million, compared to $18.6 million for the same quarter in the prior year.