Association of International Accountants

Michigan Ross Recognizes Distinguished Accounting Professionals for Significant Contributions to the Industry

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星期四, 一月 13, 2022

Founded in 2016, the Honorary Paton Fellow Award recognizes individuals each year who have made significant contributions to the accounting industry.

Key Points: 
  • Founded in 2016, the Honorary Paton Fellow Award recognizes individuals each year who have made significant contributions to the accounting industry.
  • A track record of community or professional service and a positive impact on Michigan Ross accounting education is common among Honorary Fellows.
  • Bird earned her undergraduate degree from Lake Superior State University and her MBA from Michigan Ross.
  • Following her education, Bird combined her passion for both accounting and teaching, starting her 30-year career as a lecturer at Michigan Ross.

Quipt Home Medical Announces Record Preliminary Fourth Quarter 2021 Results and Provides a Business Update

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星期四, 十二月 16, 2021

CINCINNATI, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (Quipt or the Company) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce record preliminary financial results for the fourth quarter of 2021, ending September 30, 2021 as well as a business update with respect to recent announcements.

Key Points: 
  • CINCINNATI, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (Quipt or the Company) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce record preliminary financial results for the fourth quarter of 2021, ending September 30, 2021 as well as a business update with respect to recent announcements.
  • Closing is on track to occur within the provided timeline in the original press release (November 16, 2021).
  • The acquisition provides the Company a synergistic opportunity to expand into a brand-new service line of biomedical repair services for respiratory equipment including preventative maintenance.
  • Closing is on track to occur within the provided timeline in the original press release (November 22, 2021).

Cenovus announces asset sales of nearly $660 million

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星期二, 十一月 30, 2021

With these latest transactions, we now expect to realize more than $1.1 billion of total proceeds from sales announced in 2021.

Key Points: 
  • With these latest transactions, we now expect to realize more than $1.1 billion of total proceeds from sales announced in 2021.
  • Cenovus has reached agreements to sell 337 gas stations in its Husky retail fuels network to Parkland Corporation and Federated Co-operatives Limited for total cash proceeds of $420 million.
  • Cenovus is retaining its commercial fuels business, which includes approximately 170 cardlock, bulk plant and travel centre locations.
  • Total production from this asset averaged approximately 3,200 barrels of oil equivalent per day in 2021, with about 38% oil and natural gas liquids.

CloudMD Reports Solid Performance with Third Quarter 2021 Financial Results; Record Revenue of $39.2M and First Quarter with Positive Adjusted EBITDA

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星期一, 十一月 29, 2021

Weve also achieved positive client outcomes across engagement, attachment rate, and net promoter scores, said Dr. Essam Hamza, CEO of CloudMD.

Key Points: 
  • Weve also achieved positive client outcomes across engagement, attachment rate, and net promoter scores, said Dr. Essam Hamza, CEO of CloudMD.
  • Q3 2021 revenue was $39.2 million, compared to $15.7 million in Q2 2021 and $3.4 million in Q3 2020.
  • Q3 2021 gross margin1 was 34.0%, compared to 35.5% in Q2 2021 and 37.5% in Q3 2020.
  • All results were prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.

Suncor Energy reports third quarter 2021 results

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星期三, 十月 27, 2021

CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- “In the third quarter of 2021, Suncor generated funds from operations of $2.6 billion, underpinned by strong results from the Refining & Marketing business and including the significant planned turnaround at Oil Sands Base,” said Mark Little, president and chief executive officer. “Since the start of 2021, we have returned $2.6 billion to our shareholders through share repurchases and dividends and have reduced net debt by $3.1 billion, demonstrating significant progress towards fortifying our balance sheet and meeting our capital allocation targets for the year.”

Key Points: 
  • Syncrude upgrader utilization was 91% in the third quarter of 2021, compared to 78% in the prior year quarter.
  • Production at Fort Hills increased during the third quarter of 2021, compared to the prior year quarter.
  • Exploration and Production (E&P) produced 93,500 boe/d during the third quarter of 2021, compared to 97,200 boe/d in the prior year quarter.
  • Refined product sales in the third quarter of 2021 increased to 551,500 bbls/d, compared to 534,000 bbls/d in the prior year quarter.

Methanex Reports Strong Third Quarter 2021 Results and Meaningful Cash Flow Generation With a Robust Outlook For the Fourth Quarter

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星期三, 十月 27, 2021

Geismar produced 478,000 tonnes during the third quarter of 2021 compared to 484,000 tonnes during the second quarter of 2021.

Key Points: 
  • Geismar produced 478,000 tonnes during the third quarter of 2021 compared to 484,000 tonnes during the second quarter of 2021.
  • Trinidad produced 296,000 tonnes (Methanex interest) during the third quarter of 2021 compared with 294,000 tonnes in the second quarter of 2021.
  • Chile produced 124,000 tonnes during the third quarter of 2021 compared to 128,000 tonnes during the second quarter of 2021.
  • Egypt produced 310,000 tonnes (Methanex interest - 155,000 tonnes) in the third quarter of 2021 compared to 268,000 tonnes (Methanex interest - 134,000 tonnes) in the second quarter of 2021.

Affimed Reports Second Quarter 2021 Financial Results and Highlights Operational Progress

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星期三, 九月 8, 2021

HEIDELBERG, Germany, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Affimed N.V. (Nasdaq: AFMD), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today reported financial results for the quarter ended June 30, 2021, and provided an update on clinical and corporate progress.

Key Points: 
  • HEIDELBERG, Germany, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Affimed N.V. (Nasdaq: AFMD), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today reported financial results for the quarter ended June 30, 2021, and provided an update on clinical and corporate progress.
  • We are pleased with the continued progress in our development of AFM13, AFM24 and AFM28, said Adi Hoess, CEO of Affimed.
  • Affimed prepares and reports consolidated financial statements and financial information in accordance with IFRS as issued by the International Accounting Standards Board.
  • Affimed will host a conference call and webcast today, September 8, 2021, at 8:30 a.m. EDT to discuss second quarter 2021 financial results and recent corporate developments.

AIA Launches New Streamlined Professional Qualification for Accountants and Auditors

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星期三, 六月 30, 2021

NEWCASTLE UPON TYNE, England, June 30, 2021 /PRNewswire/ -- The Association of International Accountants (AIA), the professional body for international accountants and auditors, has launched its new professional qualification.

Key Points: 
  • NEWCASTLE UPON TYNE, England, June 30, 2021 /PRNewswire/ -- The Association of International Accountants (AIA), the professional body for international accountants and auditors, has launched its new professional qualification.
  • .AIA's new professional qualification offers:
    A quicker, more affordable route to becoming a qualified accountant or statutory auditor.
  • AIA President, Shahram Moallemi, said: "We are excited to launch the new AIA professional qualification which will equip accountants with the skills and tools needed to thrive in the changing world of finance.
  • The streamlined qualification offers an exciting new route to qualification with an increased emphasis on core skills and ethics to support accountants in their careers."