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In the first-half of FY23, the actual profit increased by 44.45% to ₹17,469 crore from ₹12,093 crores. This half-year profit incorporates an amount of ₹13,768 crore (net of tax), related to the accretions on the available solvency margin, transferred from the non-par fund to the shareholders' account. The Solvency Ratio, as of September 30, 2023, improved to 1.90 compared to 1.88.
Accountants (or auditors in particular) are the benefactors of hindsight and get to put it to use every time they are engaged to opine on a company’s financial statements. Namely, that...
The board released guidance Monday to improve the accounting and financial reporting requirements for state and local governments.
SEC: Staff Statement On Accounting And Reporting Considerations For Warrants Issued By Special Purpose Acquisition Companies (âSPACsâ) John Coates, Acting Director, Division Of Corporation Finance, Paul Munter, Acting Chief Accountant, April 12, 2021 Date In a recent statement, Acting Chief Accountant Paul Munter highlighted a number of important financial reporting considerations for SPACs.[2] Among other things, that statement highlighted challenges associated with the accounting for complex financial instruments that may be common in SPACs. Additionally, CF staff also issu...
(All amounts in US$ unless otherwise specified) VANCOUVER, British Columbia–(BUSINESS WIRE)–#arizona–Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announces its production and financial results for the three months (“Q4 2020”) and year ended December 31, 2020 (“YTD 2020”). Copper production totaled 156.9 million pounds of copper at consolidated C1 cash costs 1 of $1.84 per payable pound produced. Link HERE for Capstone’s Q4 2020 management’s discussion and analysis (“MD&A”) and financial statements and HERE for the webcast presentation. “Last qua...