IFRS 16

LeaseQuery Acquires Crowe Lease Accounting Optimizer, Lease Accounting Solution Built for NetSuite, From Crowe LLP

Retrieved on: 
Tuesday, May 3, 2022
Other Professional Services, Professional Services, Finance, GASB, ASC, Accounting, Software, FASB, IASB, IFRS 16, Crowe Global, Organization, NetSuite, Compliance, IFRS, LLP, Efficiency, Technology, Solution, CEO, Growth, Risk, Acquisition, Property management, Crowe

LeaseQuery , a leading provider of software built to simplify the complexities of accounting, today announced its acquisition of Crowe Lease Accounting Optimizer (CLAO), a leading provider of lease accounting for NetSuite users.

Key Points: 
  • LeaseQuery , a leading provider of software built to simplify the complexities of accounting, today announced its acquisition of Crowe Lease Accounting Optimizer (CLAO), a leading provider of lease accounting for NetSuite users.
  • Crowe LLP , a public accounting, consulting and technology firm in the U.S. with offices around the world, developed the technology solution to help companies manage their lease accounting processes efficiently while promoting compliance with lease accounting standards.
  • LeaseQuery for NetSuite will provide the NetSuite community with a CPA-approved lease accounting solution built entirely in the SuiteCloud platform, said George Azih, LeaseQuery founder and CEO.
  • At the scale and complexity of lease accounting today, LeaseQuery for NetSuite is the cornerstone of simplified accounting and compliance facilitation for NetSuite users.

Thunderbird Resorts 2021 Annual Report Filed

Retrieved on: 
Saturday, April 30, 2022
FSE, Property, Time, Sale, Restaurant, Euronext Amsterdam, Annual report, National Location Code, IFRS 16, Uncertainty, Corporation, Risk, Director, GLOBE, Policy, Projection, Vii, Going concern, Working capital, Real estate, Annual, Concern, Judgement, Probability, COVID-19, Chapter Eight, SEDAR, Mission statement, Board, Government, Market share, EBITDA, AFM, Depreciation, Income, Management, Adjustment, BD, Apartment, Acquisition, IFRS, The Annual Report, Compliance, Security (finance), Airline, Animal, Renting, Risk management, Commercial property, Bookkeeping, Bank, Euronext, Group, Obligation, Thunderbird

ZURICH, April 30, 2022 (GLOBE NEWSWIRE) -- Thunderbird Resorts Inc. ("Thunderbird") (FSE: 4TR; and Euronext: TBIRD) is pleased to announce that its 2021 Annual Report and Audited Consolidated Financial Statements have been filed with the Euronext ("Euronext Amsterdam") and the Netherlands Authority for Financial Markets ("AFM").

Key Points: 
  • ZURICH, April 30, 2022 (GLOBE NEWSWIRE) -- Thunderbird Resorts Inc. ("Thunderbird") (FSE: 4TR; and Euronext: TBIRD) is pleased to announce that its 2021 Annual Report and Audited Consolidated Financial Statements have been filed with the Euronext ("Euronext Amsterdam") and the Netherlands Authority for Financial Markets ("AFM").
  • Below are certain material excerpts from the full 2021 Annual Report, the entirety of which can be found on our website at www.thunderbirdresorts.com .
  • THUNDERBIRD RESORTS, INC. CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Expressed in thousands of United States dollars) For the year ended December 31, 2021, were approved by the Board of Directors on April 30, 2022, and are contained in the 2021 Annual Report posted at www.thunderbirdresorts.com .
  • Thunderbird Resorts Inc. is an international provider of branded casino and hospitality services, focused on markets in Latin America.

Magnit announces the publication of its 2021 Annual Report

Retrieved on: 
Friday, April 29, 2022
RUB, MOEX, London Stock Exchange, LSE, IFRS 16, Forward-looking statement, City, EBITDA, London, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

DGAP-News: Asklepios Kliniken: Stable development in 2021 financial year despite negative impact from COVID-19 pandemic

Retrieved on: 
Thursday, April 28, 2022
Surge arrester, CEO, Infection, Sale, Omicron, Patient, COVID-19, Partnership, Acquisition, Hospital, Nursing, Digital, COVID-19 vaccine, IFRS, Social responsibility, EAT, Coronavirus, Financial Oversight and Management Board for Puerto Rico, Group, EUR, Health, CFO, Government, IFRS 16, EBITDA, Health insurance, Pharmaceutical industry, Renewable energy, Asclepius

In the second year of the pandemic, the Asklepios Group and the entire healthcare sector remained under great strain.

Key Points: 
  • In the second year of the pandemic, the Asklepios Group and the entire healthcare sector remained under great strain.
  • As an integral part of the German healthcare system, Asklepios made an important contribution to overcoming the pandemic.
  • The Asklepios Group's healthcare facilities treated around 3.5 million patients in the 2021 financial year (2020: 2.6 million).
  • In the 2021 financial year, over 3.5 million patients were treated at the Asklepios Group's facilities.

Magnit opens first cosmetics store in Uzbekistan

Retrieved on: 
Tuesday, April 26, 2022
Family, LSE, EBITDA, Textile, Household chemicals, Walking, London, Beauty, Company, Stellaris (video game), Communication, PETS, MOEX, IFRS 16, Income, Lighting, City, RUB, London Stock Exchange, Baby food, Retail, Hygiene, Kumiho, Magnit

Krasnodar, Russia (April 26, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced the opening of MCosmetic - a drogerie store offering beauty and health products - in Uzbekistan.

Key Points: 
  • Krasnodar, Russia (April 26, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announced the opening of MCosmetic - a drogerie store offering beauty and health products - in Uzbekistan.
  • The store is located within walking distance for the customers at 1 Obihayot St. in Tashkent.
  • "We are happy to open an MCosmetic store in Uzbekistan and offer the residents a game-changing shopping experience.
  • I am sure that our expertise and successful experience in developing the Magnit Cosmetic format in Russia will enable us to create a store format that is truly interesting and useful for the residents of Uzbekistan."

LeaseQuery Announces Two New Lease Accounting Summits

Retrieved on: 
Monday, April 25, 2022
Professional Services, Data Management, Technology, Finance, Software, Accounting, CEO, Comparison, MGO, Software, GASB, State, CPA, CPE, Alberto Riveron, Compliance, Government, FASB, Efficiency, Common, DHG, Technology, 87, IASB, Solution, IFRS 16, IFRS, ASC, Accounting, Face, Risk, Partner (business rank), Video game, Manufacturing, Financial adviser, Audit

LeaseQuery , a leading provider of software built to simplify the complexities of accounting, today announced two virtual LEASE summits, The GASB Series and The FASB Series .

Key Points: 
  • LeaseQuery , a leading provider of software built to simplify the complexities of accounting, today announced two virtual LEASE summits, The GASB Series and The FASB Series .
  • During these free CPE events, accounting experts will discuss the new lease accounting standards and provide detailed examples of how to transition to ASC 842 and GASB 87 and 96.
  • The agenda for The GASB series is as follows:
    Ask the Accounting Expert: The panel will provide insights into lease accounting transition challenges and how to facilitate implementation.
  • Speakers include accounting professionals from LeaseQuery, joined by experts from DHG, Riveron, Grant Thornton, Baker Tilly and LeaseQuery customer, Middleby.

S&P Global Ratings withdrew Magnit's credit rating

Retrieved on: 
Monday, April 4, 2022
LSE, EBITDA, City, London Stock Exchange, MOEX, IFRS 16, London, RUB, Forward-looking statement, Bookkeeping, Magnit

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT).
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

DGAP-News: Vitesco Technologies Group AG: Vitesco Technologies reports increase in sales and EBIT for FY2021 and expands e-mobility business

Retrieved on: 
Friday, April 1, 2022
Mission statement, IFRS 16, CFO, Vitesco Technologies, Capital, Risk, CEO, Capital expenditure, Continental, SDAX, EBIT, Silicon, Time, Continental AG, IFRS, Economic development, Solution, Motor vehicle, Technology, Acquisition, Annual, Pharmaceutical industry, Dietary supplement, Rail transport, Holding company, Oil, Video game, Renewable energy

Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, today published its consolidated financial statements for fiscal year 2021.

Key Points: 
  • Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, today published its consolidated financial statements for fiscal year 2021.
  • With its strong international presence and established market position in these core markets, Vitesco Technologies achieved sales growth despite difficult economic conditions: Vitesco Technologies raised its group sales organically by 4.1 percent to 8.3 billion in fiscal year 2021 (2020: 8.0 billion).
  • With an increase of 44.6 percent, business unit Electrification Technology recorded the strongest organic growth of all units.
  • By 2030, Vitesco Technologies wants to achieve climate neutrality for the entire production and for its own business activities.

DGAP-News: Vitesco Technologies Group AG: Corrected: Vitesco Technologies reports increase in sales and EBIT for FY2021 and expands e-mobility business

Retrieved on: 
Friday, April 1, 2022
Mission statement, IFRS 16, CFO, Vitesco Technologies, Capital, Risk, CEO, Capital expenditure, Continental, SDAX, EBIT, Silicon, Time, Continental AG, IFRS, Economic development, Solution, Motor vehicle, Technology, Acquisition, Annual, Pharmaceutical industry, Dietary supplement, Rail transport, Holding company, Oil, Video game, Renewable energy

Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, today published its consolidated financial statements for fiscal year 2021.

Key Points: 
  • Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, today published its consolidated financial statements for fiscal year 2021.
  • With its strong international presence and established market position in these core markets, Vitesco Technologies achieved sales growth despite difficult economic conditions: Vitesco Technologies raised its group sales organically by 4.1 percent to 8.3 billion in fiscal year 2021 (2020: 8.0 billion).
  • With an increase of 44.6 percent, business unit Electrification Technology recorded the strongest organic growth of all units.
  • By 2030, Vitesco Technologies wants to achieve climate neutrality for the entire production and for its own business activities.

Wolters Kluwer recognized as Market Leader in BARC Score Financial Performance Management DACH for the 5th consecutive year

Retrieved on: 
Thursday, March 31, 2022
Risk, FPM, Wolters Kluwer, BI, Euronext, IFRS 16, Leadership, XBRL, CCH, Information system, Growth, Compliance, Euronext Amsterdam, Forecasting, ESG, IFRS 17, General manager, AEX, ADR, Turnaround ADR, Philosophy, Thought, Senior, American, CRM, Business administration, WKL, DACH, CPM, Solution, BARC, Positive economics, ECM, Accounting, Sustainability, Business, IFRS, Retail, Management

NEW YORK, March 31, 2022 /PRNewswire/ -- Wolters Kluwer, a global leader in professional information, software solutions and services, today announces its repeat achievement of "Market Leader" status in this year's BARC Score Financial Performance Management (FPM), both in DACH and Global categories, for its CCH® Tagetik expert solution. CCH® Tagetik has now earned the accolade for five years running.

Key Points: 
  • NEW YORK, March 31, 2022 /PRNewswire/ -- Wolters Kluwer, a global leader in professional information, software solutions and services, today announces its repeat achievement of "Market Leader" status in this year's BARC Score Financial Performance Management (FPM) , both in DACH and Global categories, for its CCH Tagetik expert solution.
  • The BARC Score Financial Performance Management (FPM) DACH assesses solution providers and portfolios in the segment in the DACH region.
  • "Its leadership in the BARC Score Financial Performance Management DACH reflects the platform's scope of services to link financial and operational planning across the enterprise with other performance management processes such as financial consolidation and reporting."
  • BARC analysts evaluate each vendor that meets a number of technical and financial criteria according to their "Portfolio Capabilities" and "Market Execution".