Page 50 - Going Concern News Today

To print this article, all you need is to be registered or login on Mondaq.com. In Malta, the majority of private limited companies rely solely on their auditors to prepare the financial statements as part of the audit process. However, who is ultimately responsible for the financial statements? In preparing this publication, the authors researched different parts of the Companies Act (Chap 386 of the laws of Malta) as well as international standards for auditing. This p...

Reskilling key for CAs to handle changes in accounting standards Dr Maryam Al Suwaidi, acting CEO of Securities & Commodities Authority. Sunder Nurani, chairman of The ICAI Dubai Chapter. Internal audit can play a key role in helping the management to better understand the critical risks in the new normal The post-pandemic era should be taken as an opportunity by auditors to make progress on initiatives to allow enhancement of internal audit capabilities, said Dr Maryam Al Suwaidi, acting CEO o...

Investegate announcements from Broadgate Financing, Annual Financial Report

Investegate announcements from Predator O&G Hldgs, Annual Financial Report FYE 31 December 2020

  1. Net debt is the total value of loan notes, loans (including notional exposure to CFDs and Total Return Swap) less cash as a proportion of net asset value.   2. Dividends per share are the dividends in respect of the financial year ended 31 March 2021. An interim dividend of 5.20p was paid in January 2021. A final dividend of 9.00p (2020: 8.80p) will be paid on 4 August 2021 to shareholders on the register on 18 June 2021.     3. The NAV Total ...

Investegate announcements from De La Rue PLC, 2020/21 Full Year Results

Wednesday, May 12, 2021 The disruption to the global economy that has ensued since the World Health Organization declared COVID-19 a pandemic has resulted in a sharp increase in the number of companies filing for bankruptcy. Notably, the number of U.S. bankruptcy filings by companies with over $100 million in assets increased by 84 percent during the first three quarters of 2020 compared to the same period in 2019. [1] In the second quarter of 2020, such filings reached the second-hig...

‘Pre pack resolution process has some serious pitfalls’ May 11, 2021 × Financial institutions may forfeit the ‘golden hours’ available for putting the entity back on track, says Bijoy Pulipra The Pre Pack Insolvency Resolution Process (PPIRP) as an alternative insolvency resolution process for MSMEs may not yet be an effective solution in the prevailing environment for a country such as ours beset as it is with an inadequate legal infrastructure and poor legal literacy. Introduction of...

BlackRock Smaller Companies Trust Plc - Final Results PR Newswire (Legal Entity Identifier: 549300MS535KC2WH4082) Annual results announcement for the year ended 28 February 2021 PERFORMANCE RECORD 1,2 1,2 1,2,3 1 12.80p 20.50p 33.30p 960,900 2 Alternative performance measures, see Glossary contained within the annual report. 3 The basis of calculation for the fair value of the debt is disclosed in note 10 to the financial statements contained within the annual report and the calcula...

Intelsat Announces First Quarter 2021 Results First quarter net loss attributable to Intelsat S.A. was $174.9 million First quarter Adjusted EBITDA of $275.0 million or 55% of revenue March 31, 2021 contracted backlog of $5.9 billion Intelsat S.A. (the "Company") (OTC: INTEQ), today announced financial results for the three months ended March 31, 2021. Intelsat reported total revenue was $502.8 million and net loss attributable to Intelsat S.A. was $174.9 million for the three months ended Mar...