Management accounting

Global Economy Set for Weak Growth as Financial Professionals' Confidence Drops Sharply

Retrieved on: 
Thursday, July 14, 2022
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NEW YORK and MONTVALE, N.J., July 14, 2022 /PRNewswire/ -- Weak worldwide economic growth looks likely for the rest of 2022, according to the latest edition of the Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants). The new report indicates that economic confidence among finance professionals and accountants in North America has fallen back to levels seen during the height of the COVID-19 pandemic in 2020. 

Key Points: 
  • However, while confidence among financial professionals has dropped sharply, the global confidence level remains above the low-point reached at the height of the COVID-19 pandemic.
  • Only in North America has confidence fallen back to levels seen during the height of economic uncertainty in 2020.
  • Jamie Lyon concluded: "Risks of a global recession have increased but our central case is that growth will be positive if rather weak.
  • Nonetheless, with the exception of the COVID recession of 2020, we expect global GDP growth this year and next will be the weakest since the Global Financial Crisis of 2007-09."

Crestline Announces the Promotion of Daniel E. Johnson to Senior Vice President of Taxes

Retrieved on: 
Wednesday, July 6, 2022
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FAIRFAX, Va., July 06, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion Daniel E. (Danny) Johnson, CPA, CMA, CGMA, to Senior Vice President of Taxes.

Key Points: 
  • FAIRFAX, Va., July 06, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion Daniel E. (Danny) Johnson, CPA, CMA, CGMA, to Senior Vice President of Taxes.
  • Danny became part of the Crestline family in 1998 when he joined Crestline Capital Corporation as a senior tax manager ultimately rising to Vice President of Tax for Barcel Crestline moving over to Crestline Hotels & Resorts, LLC as Vice President of Taxes in 2008.
  • Dannys recent promotion to Senior Vice President of Taxes reflects his incredible dedication and contribution to assuring Crestlines ongoing success, said James Carroll, Crestlines President & CEO.
  • In addition, words such as anticipate, believe, and intend indicate a forward-looking statement; however, not all forward-looking statements include these words.

Mesa Laboratories Appoints Tony Tripeny to its Board of Directors

Retrieved on: 
Monday, June 27, 2022
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LAKEWOOD, Colo., June 27, 2022 (GLOBE NEWSWIRE) -- Mesa Laboratories, Inc. (NASDAQ:MLAB) announced the appointment of Tony Tripeny to its Board of Directors (the Board), effective June 23, 2022.

Key Points: 
  • LAKEWOOD, Colo., June 27, 2022 (GLOBE NEWSWIRE) -- Mesa Laboratories, Inc. (NASDAQ:MLAB) announced the appointment of Tony Tripeny to its Board of Directors (the Board), effective June 23, 2022.
  • Tony was previously the Executive Vice President and Chief Financial Officer of Corning, Incorporated and retired on May 2, 2022.
  • With Mr. Tripenys appointment, the Mesa Laboratories, Inc. Board of Directors will be comprised of eight directors, six of whom are independent.
  • Mr. Tripeny is likelyto be appointed to the Audit Committee and brings extensive financial experience to the Board.

Paul Fry appointed as Argenta’s new Chief Financial Officer

Retrieved on: 
Monday, June 27, 2022
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Argenta today announced that Paul Fry will join the company as its new Chief Financial Officer, starting immediately.

Key Points: 
  • Argenta today announced that Paul Fry will join the company as its new Chief Financial Officer, starting immediately.
  • Paul Fry has extensive financial experience across several industries including biotech, pharmaceuticals, and telecommunications.
  • Before Vectura, Paul was Chief Financial Officer of Immunocore Limited, a leading biotech company focused on the development of a new class of immunotherapeutic drugs based on proprietary T-cell receptor (TCR) technology.
  • Paul Fry said: It is an exciting time to enter the animal health industry and I am delighted to be joining Argenta.

Neptune Wellness Appoints Raymond Silcock as Chief Financial Officer

Retrieved on: 
Tuesday, June 14, 2022
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LAVAL, QC, June 14, 2022 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.

Key Points: 
  • LAVAL, QC, June 14, 2022 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.
  • I see huge opportunity ahead for Neptune as a diversified CPG company, as proven by the initial successes of its consumer brands," said Silcock.
  • Mr. Silcock will succeed Randy Weaver, who has served as Interim Chief Financial Officer since September 2021.
  • About Neptune Wellness Solutions Inc.
    Headquartered in Laval, Quebec, Neptune is a diversified health and wellness company with a mission to redefine health and wellness.

Inter Parfums, Inc. Announces Retirement of Russell Greenberg to Be Succeeded by Michel Atwood as Chief Financial Officer

Retrieved on: 
Wednesday, June 1, 2022
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Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Russell Greenberg, Executive Vice President and Chief Financial Officer, will retire on September 6, 2022, and will be succeeded by Michel Atwood, a seasoned fragrance and finance executive, as Chief Financial Officer.

Key Points: 
  • Inter Parfums, Inc. (NASDAQ GS: IPAR) today announced that Russell Greenberg, Executive Vice President and Chief Financial Officer, will retire on September 6, 2022, and will be succeeded by Michel Atwood, a seasoned fragrance and finance executive, as Chief Financial Officer.
  • Jean Madar, Chairman and Chief Executive Officer, commented, Russ has played an integral role in the growth and evolution of our company for 30 years.
  • Mr. Madar continued, We are extremely fortunate that Michel Atwood will officially take over the CFO reins on September 6th.
  • Inter Parfums does not intend to and undertakes no duty to update the information contained in this press release.

Foursquare Names Veteran Technology Executive Liz Brittain New CFO

Retrieved on: 
Monday, May 16, 2022
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As CFO, Brittain will also partner with CEO Gary Little across corporate development initiatives that expand Foursquares product portfolio and global reach.

Key Points: 
  • As CFO, Brittain will also partner with CEO Gary Little across corporate development initiatives that expand Foursquares product portfolio and global reach.
  • Prior to joining Foursquare, Brittain most recently served as Chief Financial Officer at HackerOne, where she led financial and business operations at the security start-up.
  • Before that, Liz was CFO of Base CRM, where she helped navigate the companys sale to Zendesk in 2018.
  • Brittain is the latest of Gary Littles strategic appointments to the Foursquare executive team.

IntelePeer Achieves SOC 2 Certification

Retrieved on: 
Wednesday, April 20, 2022
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IntelePeer , a leading Communications Platform as a Service (CPaaS) and communications workflow automation provider, announces it has achieved Service Organization Control (SOC) 2 certification.

Key Points: 
  • IntelePeer , a leading Communications Platform as a Service (CPaaS) and communications workflow automation provider, announces it has achieved Service Organization Control (SOC) 2 certification.
  • Our teams dedication to safeguarding the confidentiality and integrity of our customers data coupled with IntelePeers commitment to the highest security standards propelled the company to obtain SOC 2 Type I certification in about three months which, for any organization, is impressive, says IntelePeer Chief Executive Officer, Frank Fawzi.
  • IntelePeer went above and beyond in many areas to ensure the proper people, processes and technology are in place to satisfy the Trust Services Criteria.
  • SOC 2 compliance is recognized globally for its rigor and involves an independent audit of a companys systems and organizational controls.

Accountants' Confidence Edges Higher in Q1 2022, but Cost Concerns Reach a Record High

Retrieved on: 
Tuesday, April 5, 2022
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NEW YORK and MONTVALE, N.J., April 5, 2022 /PRNewswire/ -- The latest edition of the Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) reveals worries about operating costs, with warnings of future economic shocks and increased risks.

Key Points: 
  • In the Q1 survey, global confidence and global orders were little changed, up by four points to +9 for confidence and by two points to -3 for orders.
  • Overall, the Q1 survey continues the trend of modest overall growth through to the middle of the year, following the strong post-pandemic recovery of 2021.
  • In Q1, the Middle East was the best performing region with jumps in confidence and orders, likely a reflection of the increase in the oil price.
  • Confidence and orders fell back in North America, influenced by the effects of the spread of the Omicron COVID variant.

Small Business Development Group (OTC: SBDG) Shareholder Letter From the CEO

Retrieved on: 
Monday, January 3, 2022
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CARY, NC, Jan. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (OTC:SBDG) ( www.SBDGStock.com ) today issued this letter to shareholders summarizing activity in 2021.

Key Points: 
  • CARY, NC, Jan. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (OTC:SBDG) ( www.SBDGStock.com ) today issued this letter to shareholders summarizing activity in 2021.
  • 2021 has been a year in which I and our Team at Small Business Development Group (OTC: SBDG) have been able to develop, refine, and deploy our plan and strategies to move our Company forward and upward.
  • The New Year will see the development of a number of operating channels for SBDG.
  • Stony Hill Advisors LLC is a 10-year-old merger and acquisition advisory firm that specializes in providing intermediary services for lower middle market companies and small business entrepreneurs.