Accounting standard

Pacific Coast Oil Trust Announces There Will Be No June Cash Distribution

Retrieved on: 
Thursday, June 23, 2022
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ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

Canadian AcSB Chair Linda Mezon-Hutter appointed to International Accounting Standards Board

Retrieved on: 
Thursday, May 26, 2022
Linda, CPA, MBA, University of Detroit Mercy, Royal Bank, Handbook, International Accounting Standards Board, Chair, Accounting standard, Public sector, Environment, IASB, BA, Private sector, FCPA, Amplitude modulation, Institute, Industry, Trustee, Compliance, University, FCA, CGMA, IFRS Foundation, RBC, Accounting Standards Board (Canada), MI, Financial Stability Oversight Council, Chartered Global Management Accountant, Banking in Canada, Renewable energy, Audit, Management

TORONTO, May 26, 2022 /CNW/ - Long-time Canadian Accounting Standards Board (AcSB) Chair Linda Mezon-Hutter, FCPA, FCA, CPA (MI), CGMA will be joining the International Accounting Standards Board (IASB) as a member in September 2022.

Key Points: 
  • TORONTO, May 26, 2022 /CNW/ - Long-time Canadian Accounting Standards Board (AcSB) Chair Linda Mezon-Hutter, FCPA, FCA, CPA (MI), CGMA will be joining the International Accounting Standards Board (IASB) as a member in September 2022.
  • Appointed as AcSB Chair in July 2013, Linda began her standard-setting career in 2004 as an AcSB member.
  • "The appointment of Linda to the IASB is a tremendous achievement for Canada," says Lorraine Moore, Chair, Accounting Standards Oversight Council (AcSOC).
  • The Accounting Standards Board (AcSB) is an independent body with the authority to establish accounting standards for use by all Canadian entities outside the public sector.

Aspen Group Announces Preliminary Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, May 26, 2022
Company, AGI, EBITDA, Mission statement, Insurance, Accounting standard, Adjustment, Marketing, Mathews, GAAP, GLOBE, CEO, Online gambling, Video game, Bank

NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (Nasdaq: ASPU), an education technology holding company, today announced preliminary select financial results for the fourth quarter and fiscal year ended April 30, 2022.

Key Points: 
  • NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (Nasdaq: ASPU), an education technology holding company, today announced preliminary select financial results for the fourth quarter and fiscal year ended April 30, 2022.
  • Preliminary, unaudited revenue for the fiscal year 2022 rose by 13% to $76.7 million compared to $67.8 million last year, with preliminary fourth quarter revenue of $19.4 million compared to $19.1 million in the prior year quarter.
  • Aspen Group, Inc. will host a conference call to discuss its fourth quarter fiscal year 2022 results and business outlook on Tuesday, July 19, 2022, at 4:30 pm ET.
  • For additional information on the financial statements and performance, please refer to the Aspen Group, Inc. Form 10-K for the fiscal year 2022 and fourth quarter 2022 Financial Results Presentation published on the Companys website when the quarter is announced at www.aspu.com, on the Presentations page under Company Info.

Pacific Coast Oil Trust Announces There Will Be No May Cash Distribution

Retrieved on: 
Friday, May 20, 2022
Oil, Gas, Energy, Interest, Accounting Standards Codification, ARO, Consultant, Accounting standard, East Coyote Hills, Contract, Internet, County, Review, Superior court, COVID-19, Net, Method, Report, Moss Adams, Evergreen, Securities Exchange Act of 1934, Retirement, WG, Court, Time, Conveyance, Martindale, 410, Calendar, Face, Trustee, LLC, SEC, Annual report, Life insurance, Risk management, Ridesharing company, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

Vipshop Reports Unaudited First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 19, 2022
Income, Company, Loss, Forecasting, Securities & Exchange Commission of Pakistan, Accounting standard, Annual report, GMV, Human, Investment, Mission statement, Public expenditure, COVID-19, Total, ADS, U.S. Securities and Exchange Commission, Forward-looking statement, Terminology, GAAP, Private Securities Litigation Reform Act, SEC, Growth, Interim, Online shopping, Bank, Vipshop

GUANGZHOU, China, May 19, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended March 31, 2022.

Key Points: 
  • [6]Non-GAAP operating income margin is a non-GAAP financial measure, which is defined as non-GAAP income from operations as a percentage of total net revenues.
  • The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance.
  • It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast.
  • For more information on these non-GAAP financial measures, please see the table captioned "Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results" at the end of this release.

SHAREHOLDER ALERT FILING DEADLINE: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Cano Health, Inc. f/k/a Jaws Acquisition Corp. of Class Action Lawsuit and Upcoming Deadline – CANO; CANO/WS; JWS; JWS.U; JWS WS

Retrieved on: 
Tuesday, May 17, 2022
Risk, Company, ITC, U.S. Securities and Exchange Commission, Annual report, Ext, Accounting standard, ASC, News, Health, Mission statement, Complaint, Medicare, LLP, Securities Exchange Act of 1934, Contract, Lists of schools in England, Court, Pharmacy, SPAC, Financial Accounting Standards Board, SEC Rule 10b-5, Jaws, JWS, CANO, Person, Pomerantz, Acquisition, LLC, District court, Lists of action films, NYSE, GLOBE, Online gambling, Pharmaceutical industry

To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.

Key Points: 
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Cano provides primary care medical services to its members in the United States and Puerto Rico.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Autoscope Technologies Corporation Announces Financial Results

Retrieved on: 
Monday, May 16, 2022
Forgiveness, CEO, Income, Private Securities Litigation Reform Act, Depreciation, City, U.S. Securities and Exchange Commission, Nasdaq, Intelligent transportation system, ATC, Solution, Coronavirus, COVID-19, Marketing, Accounting standard, Efficiency, RTMS, Time, Safety, Travel, ITS, GAAP, AATC, ISS, Security (finance), Annual report, GLOBE, Video game, Real estate, Risk management

MINNEAPOLIS, May 16, 2022 (GLOBE NEWSWIRE) -- AutoscopeTechnologies Corporation (Nasdaq: AATC) today announced results for itsquarter endedMarch 31, 2022.

Key Points: 
  • MINNEAPOLIS, May 16, 2022 (GLOBE NEWSWIRE) -- AutoscopeTechnologies Corporation (Nasdaq: AATC) today announced results for itsquarter endedMarch 31, 2022.
  • Gross margin for thefirst quarter of 2022was 78percent, a 3 percent increasefrom a gross margin of 76percent for the same period in 2021.
  • We provide certain non-GAAP financial information as supplemental information to financial measures calculated and presented in accordance with GAAP (Generally Accepted Accounting Principles in the United States).
  • Management believes that this presentation facilitates the comparison of our current operating results to historical operating results.

Square Enix Holdings Co., Ltd. Announces Financial Results for the Fiscal Year Ended March 31, 2022

Retrieved on: 
Friday, May 13, 2022
Electronic Games, Entertainment, Specialty, Professional Services, Mobile Entertainment, General Entertainment, Books, Retail, Licensing (Entertainment), Other Professional Services, Online, ENIX, DRAGON, Digital, Company, HD, Massively multiplayer online game, Square Enix, SQUARE, Digital entertainment, Accounting standard, COVID-19, Consolidated, Amusement, MMO, Element, Intellectual property, Unit, SPACE, Online gambling, Video game

For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/22q4earnings.pdf , or the Companys IR website: https://www.hd.square-enix.com/eng/ir/ .

Key Points: 
  • For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/22q4earnings.pdf , or the Companys IR website: https://www.hd.square-enix.com/eng/ir/ .
  • About Square Enix Holdings Co., Ltd.
    Square Enix Holdings Co., Ltd. with headquarters in Tokyo, Japan, is the holding company leading the group of Square Enix companies (the "Square Enix Group") with a diverse range of content and service businesses.
  • The Square Enix Group publishes, distributes and licenses entertainment content around the world under its internationally renowned brands including SQUARE ENIX, EIDOS and TAITO.
  • DRAGON QUEST, EIDOS, FINAL FANTASY, SPACE INVADERS, SQUARE ENIX, the SQUARE ENIX logo, TAITO and TOMB RAIDER are registered trademarks or trademarks of the Square Enix Group.

Rocket Companies Announces First Quarter Results

Retrieved on: 
Tuesday, May 10, 2022
U.S. Securities and Exchange Commission, Table, GAAP, Adjustment, EBITDA, Ratio, Financial statement, Company, Securities Exchange Act of 1934, Public expenditure, Securities Act of 1933, Security (finance), Depreciation, Website, Review, Risk, Benchmarking, Income tax, SECURE Act of 2019, Annual report, Fortune, Note, Foot, Forecasting, Multimedia, Debt-to-GDP ratio, Sumathi Best Television Current Reporting Award, Net, Interest, Consumer, Income, SEC, EPS, Terminology, Microsoft, Accounting standard, Growth, Financial technology, Direct, Quicken Loans, Microsoft Partner Network, Real estate, Bookkeeping

Additionally, these measures allow management to compare our results with those of other companies that have different financing and capital structures.

Key Points: 
  • Additionally, these measures allow management to compare our results with those of other companies that have different financing and capital structures.
  • Rocket Companies is a Detroit-based FinTech platform company consisting of personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock, Rocket Auto, Rocket Loans, Truebill, Lendesk, Edison Financial, Core Digital Media, Rocket Central and Rock Connections.
  • Since 1985, Rocket Companies has been obsessed with helping its clients achieve the American dream of home ownership and financial freedom.
  • Rocket Companies ranked #7 on Fortune's list of the "100 Best Companies to Work For" in 2022 and has placed in the top third of the list for 19 consecutive years.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Cano Health, Inc. f/k/a Jaws Acquisition Corp., of Class Action Lawsuit and Upcoming Deadline – CANO; CANO/WS; JWS; JWS.U; JWS WS

Retrieved on: 
Friday, May 6, 2022
Contract, Financial Accounting Standards Board, Mission statement, Medicare, Accounting standard, Jaws, U.S. Securities and Exchange Commission, Pomerantz, Health, LLC, GLOBE, District court, Company, NYSE, Securities Exchange Act of 1934, ASC, Annual report, CANO, Risk, Person, Ext, ITC, Court, Complaint, Lists of schools in England, LLP, SEC Rule 10b-5, Pharmacy, Lists of action films, News, Acquisition, JWS, Online gambling, Pharmaceutical industry

To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.

Key Points: 
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Cano provides primary care medical services to its members in the United States and Puerto Rico.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.