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objective data/todd wrote on Sep 15, 2007 10:39 AM:" We can guess 3% inflation for all costs except government which locally we can place at around 5%. If you electricity goes up 5% each year, you can see the result will not be in your favor. You have to cut your electricity usage more than inflation or you are losing ground. You allude to total cost accounting. Put the CFLs in at total cost accounting stream from manufacture to the recovery that will be mandated and the costs exceed the gains.... (Logan Herald Journal, UT)
Cone Denim's top executive to step down Sep 5, 2007
Bakane started out in the company's cost accounting department after earning his MBA from the University of Virginia. In 1988 he was named chief financial officer at Cone Mills, and later became president of the company's apparel products group and then CEO of the entire company. (Business Journal of the Greater Triad Area)
Robert Zonneveld Named CFO at MGP Ingredients; Brian Cahill to Head Company's Distillery Business Aug 31, 2007
From 1995 to 2005, Zonneveld was employed by Standard Commercial Corp., a leaf tobacco merchandising and processing company headquartered in Wilson, N.C. He began there as manager of business planning and was promoted in 1998 to vice president of finance with responsibility for supervising all global financial, cost accounting and budgeting functions and financial and operational analyses; maintaining banking and financing relationships; and establishing financial and internal controls. From... (PR Newswire)
Bus system reflects healthy community Aug 13, 2007
" could be answered by the CVTD giving us milage/per trip. Their website doesn't give data to work with. I suspect that if we were able to perform total cost accounting on the bus system the public would be so unhappy the demand would be to get rid of the transit altogether rather than to just not fund the suggested increase. ". Neeland wrote on Aug 12, 2007 9:59 PM:" All council memebers need to be replaced with people who really do intend to preserve liberty and property rights. This was once... (Logan Herald Journal, UT)
ONGC demands $4.75 per mBtu for gas, hike in APM price Aug 10, 2007
"As per the audited cost accounting records for the year 2005-06, ONGC had negative margin of Rs0.302 per cubic meter on gas business," he said in a letter to petroleum secretary. ONGC produced around 38. (domain-B)
Ventas Reports Second Quarter Normalized FFO Per Common Share Rises 23 Percent to $0.70 and FAD Per Common Share Rises 25 Percent to $0.65; Aug 9, 2007
" In the quarter ended June 30, 2007, the Company had 117.8 million weighted average diluted common shares outstanding, compared to 104.4 million weighted average diluted common shares outstanding a year earlier. The Company had 133.5 million fully diluted common shares outstanding on June 30, 2007. Normalized FFO for the six months ended June 30, 2007 was $154.2 million, or $1.37 per diluted common share, a 32 percent increase from $117.0 million, or $1.12 per diluted common share, for the... (PR Newswire)
Peyto Energy Trust announces second quarter 2007 results Aug 9, 2007
" The Trust has adopted these standards retroactively without restatement and the comparative interim consolidated financial statements have not been restated. Transition amounts have been recorded in retained earnings or accumulated other comprehensive income ("AOCI"). See Note 2 to the Consolidated Financial Statements. The Trust is a party to certain off balance sheet derivative financial instruments, including fixed price contracts. The Trust enters into these forward contracts with well... (PR Newswire)
Verenex Energy Inc. Second Quarter 2007 Operating and Financial Results Aug 8, 2007
4 million in capitalized General and Administration ("Gd office costs. In France, the Company received an adjustment of approximately $0.6 million relating to the farm-out of the Aquitaine Maritime permit. Outlook Libya The Area 47 MC has endorsed a revised 2007 budget outlook of US $114 to US $118 million (gross) ($62 to $65 million net), up from the original budget of US $91 million (gross). The higher budget primarily reflects the increased scope and advancement of the 3D seismic program,... (Canada Newswire)
Two experts' views on talents Aug 6, 2007
General and cost accounting, network/system/database administration and software programming were the top three work specialisations in greatest demand by employers advertising on JobStreet. com in the first quarter this year. (The Star Online, Malaysia -- Business)
The life and times of the CIA Jul 26, 2007
Because of the almost total secrecy surrounding its activities and the lack of cost accounting on how it spends the money covertly appropriated for it within the defense budget, it is impossible for citizens to know what the CIA's approximately 17,000 employees do with, or for, their share of the. yearly US$44 billion to $48 billion or more spent on "intelligence". (Asia Times Online)
Western Canadian Coal announces changes to management Jul 23, 2007
Mr. Redmond's duties included responsibility for financial accounting and reporting, cost accounting and budgeting, tax and treasury related work, coordination of the Company's equipment leasing and introduction of ERP-systems. WESTERN CANADIAN COAL CORP. "John Byrne" Chairman of the Board of Directors. (Canada Newswire)
Veteran Strategist Lori Williams Announces Two New Classes on the Basics of Finance Jul 21, 2007
"My goal is to do more than teach the fundamentals of basic bookkeeping and cost accounting. I want to help you develop a whole new mindset on finance. My hope is that you will walk away from my class with a renewed interest in the machinery of financial controls and how they work for your business. Don't let your CPA be your company's sole source of financial insight." Classes will be held on Wednesday, July 25, 2007 and Wednesday, September 12, 2007 at Water Gardens in Santa Monica from 9AM to... (PR Newswire)
Vangent, Inc. Announces First Quarter 2007 Financials Jul 19, 2007
Most of these costs are allowable costs under the cost accounting standards for contracting with the federal government and are recoverable under cost- plus contracts. Selling and Marketing Expenses. (PR Newswire)
Who really makes the iPod? Jun 28, 2007
Three researchers at the University of California, Irvine - Greg Linden, Kenneth Kraemer and Jason Dedrick - applied some investigative cost accounting to this question, using a report from Portelligent that examined all the parts that went into the iPod. Their study, sponsored by the Sloan Foundation, offers a fascinating illustration of the complexity of the global economy, and how difficult it is to understand that complexity by using only conventional trade statistics. (International Herald Tribune -- Business)
Street: The Washington Mob Jun 22, 2007
The Madame Secretary did not comment on whether the parents of the deceased juveniles agreed with her curious imperial cost accounting. . (Zmag.org)
Media Corp. UK Regulatory Announcement: Interim Results May 23, 2007
"Media Corporation's half year performance has been positive considering the damaging affect the adverse gaming legislation has had on our advertising customer base. The Group has remained profitable and, leveraging in-house expertise continues its strategy of diversification into other lucrative advertising markets and value enhancing acquisitions. The first six months of the financial year has been a period of rapid change and inward investment giving the Group a platform for rapid growth and... (BusinessWire)
Using keywords in your resume May 23, 2007
"For example, keywords for an accountant might include 'cost accounting,' 'budget analysis,' 'auditing,' 'tax,' etc.," said Jay Block, certified professional resume writer (CPRW), international career coach and co-author of "2500 Keywords to Get You Hired." For an IT professional, the keywords might be related to expertise in various types of operating systems and software programs. Depending on the job, keywords can relate to skills but also to educational degrees, clients, certifications,... (Atlanta Journal-Constitution)
Ventas Reports First Quarter Normalized FFO of $72.1 Million and FAD of $67.8 Million; May 9, 2007
50 Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. Since real estate values instead have historically risen or fallen with market conditions, many industry investors have considered presentations of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. (PR Newswire)
Boston Properties, Inc. Announces First Quarter 2007 Results Apr 25, 2007
Management generally considers FFO to be a useful measure for reviewing our comparative operating and financial performance because, by excluding gains and losses related to sales of previously depreciated operating real estate assets and excluding real estate asset depreciation and amortization (which can vary among owners of identical assets in similar condition based on historical cost accounting and useful life estimates), FFO can help one compare the operating performance of a company's... (PR Newswire)
Fired Emmanuel College professor fights back Apr 24, 2007 Caribou Resources Corp. 2006 Financial and Operating Results Apr 12, 2007 Orleans Energy Announces 2006 Financial Results, Year-End Reserves and New Bank Facility Apr 12, 2007 Fortress Energy Inc. Announces 2006 Year End Financial Statements, Reserves and First Quarter Operations Update Apr 3, 2007 Arsenal Announces 2006 Operating and Financial Results and Filing of Year End Disclosure Forms Apr 3, 2007 Residency rule, 2 races on Seekonk ballot Mar 30, 2007 Employers Value Workers Who Give Time to the Community. Mar 19, 2007 C1 Energy Ltd. Announces Fiscal 2006 Results Mar 16, 2007 Bear Ridge Announces 2006 Year End Financials and Close of Private Placement Financing Mar 16, 2007 Aurora Oil & Gas Corporation Announces Year-End 2006 Financial Results Mar 16, 2007 Real Resources announces 2006 financial and operating results and reserves Mar 15, 2007 Stylus Energy Inc. announces 2006 year end results and operations update Mar 15, 2007 Vault Energy Trust Announces Fourth Quarter and Full Year 2006 Financial and Operating Results Mar 15, 2007 INSURERS' HEADACHES Mar 14, 2007 Neighborhood parks to get makeover from city Mar 12, 2007 Canetic Resources Trust announces strong year-end operating and financial results and reserves for 2006 Mar 9, 2007 Crew Energy Presents 2006 Fourth Quarter and Annual Financial Results Mar 8, 2007 Fairquest Energy Limited Announces 2006 Financial and Operating Results and Reserve Summary Mar 7, 2007 * Wi-Fi should be an added extra, not a new revenue-stream Mar 4, 2007 Tanganyika Announces Fourth Quarter 2006 Results Feb 28, 2007 Wingate University Feb 28, 2007 Penn West announces fourth quarter and year end results Feb 27, 2007 Blue Sun Biodiesel Announces New CFO Susan Engquist Feb 23, 2007 Spacecraft Reaches Milestone, Reports Technical Glitches Feb 16, 2007 Local airlines yet to cut fuel surcharges Jan 30, 2007 Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Greece Jan 26, 2007 Prep Hoops: Lady Jackets are on a tear Jan 16, 2007 West Valley coalition not thrilled over federal ownership Jan 7, 2007 Education overcharge Jan 5, 2007 Swim off Lauderdale beach proves fatal to retired educator Jan 4, 2007
He said he had already alerted the school that he would not return for a second semester, and instead plans to teach cost accounting at a private New England college. Winset said he has been banned from Emmanuel, but seven of his students sent supportive e-mails, and a handful plan to file a request for redress on his behalf. (Boston Globe)
E4 Announces 2006 Financial Results and Reserves Information Apr 16, 2007
Full-Cost Accounting ... In applying the full cost accounting method, a ceiling test is performed to ensure that the capitalized costs are recoverable in the future. (CCNMatthews Press Releases)
Under the full cost accounting method, a ceiling test is performed at least annually to ensure that the net capitalized costs do not exceed the undiscounted future net revenues from proved plus probable reserves, plus the cost of unproved properties. Any excess capitalized costs will be written off as an expense and charged to earnings; however, future depletion and depreciation expense would be reduced. (CCNMatthews Press Releases)
Full-Cost Accounting ... In applying the full cost accounting method, a ceiling test is performed to ensure that the capitalized costs are recoverable in the future ... Capitalized costs under the full cost accounting method are depleted and depreciated using the unit-of-production method based upon the gross proved petroleum and natural gas reserves as determined by an independent qualified reserve engineering firm. (CCNMatthews Press Releases)
QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
Arsenal uses the full cost accounting method for oil and gas exploration, development and production activities ... In accordance with the full cost accounting method, all crude oil and natural gas acquisition, exploration, and development costs, including asset retirement costs, are accumulated in a cost center. (CCNMatthews Press Releases)
Saying that Seekonk is heading toward a "financial crisis", Cavaco has called for the establishment of full cost accounting and a reigning-in of current spending practices and suggests revenues could be increased by the hiring of a qualified grant writer. Cavaco said he sees a need for fire stations in the north and south ends of town as well as a centralized senior center. (Pawtucket Times, RI)
"We just work as a team,'' said DeWitt, director of management information systems and cost accounting. "It's not a problem. There's also time when we're under the gun and have got to get something done, and I've never had to ask Robbie to put in extra time. (The Ledger)
i) Full cost accounting. The Company uses the full cost method of oil and gas accounting whereby all costs relating to the exploration for and development of petroleum and natural gas reserves are capitalized. (CCNMatthews Press Releases)
On December 16, 2004 the Parent and Ceyba Corp. ("Ceyba") entered into the Bear Ridge Come-Along Agreement with Bear Creek Energy Ltd. (Bear Creek") and Ketch Resources Ltd. ("Ketch") to participate in the Plan of Arrangement involving the two companies.a) Going ConcernThe Company's financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. A portion of the... (CCNMatthews Press Releases)
01) Weighted average common shares outstanding - basic and diluted 82,288,243 40,622,000 Cash Flow Data Cash provided by (used in) operating activities $ 2,244,535 $ (2,392,118) Cash used by investing activities (86,317,737) (39,881,947) Cash provided by financing activities 73,827,960 49,075,121 As of December 31, ------------- ------------- 2006 2005 ------------- ------------- Balance Sheet Data Cash and cash equivalents $ 1,735,396 $ 11,980,638 Other current assets 12,728,588 7,274,869 Oil... (Primezone Releases)
(a) Full cost accounting The Company follows the full cost method of accounting for exploration and development activities whereby all costs associated with these activities are capitalized, whether successful or not ... (c) Full cost accounting ceiling test The carrying value of property, plant and equipment is reviewed annually for impairment. (Canada Newswire)
Full Cost Accounting Ceiling Test The carrying value of property, plant and equipment is reviewed quarterly for impairment. Impairment occurs when the carrying value of the assets is not recoverable by the future undiscounted cash flows. (Canada Newswire)
Full Cost Accounting - The Trust follows the full cost method of accounting whereby all costs related to the acquisition of, exploring for and developing petroleum and natural gas reserves are capitalized and charged against earnings. These costs, together with the estimated future costs to be incurred in developing proved reserves, are depleted or depreciated using the unit-of-production method based on the proved reserves before royalties as estimated by independent petroleum engineers. (CCNMatthews Press Releases)
"Health-care cost accounting is an oxymoron. There's no such thing," said Cherney, who represents many of Central Florida's largest employers as head of the Florida Health Care Coalition. "Health care is unique in that the person receiving the services is usually not the person who is paying for the services," Cherney said. (Orlando Sentinel)
The Rapid City Journal. Search the Rapid City Journal. (Rapid City Journal, SD)
5% Debentures") on May 26, 2005. The StarPoint 6.5% Debentures mature on July 31, 2010 and are convertible at any time, at the option of the holder, into the trust units of Canetic at a conversion price of $18.96 per trust unit. The StarPoint 6.5% Debentures are not redeemable at the option of the Trust on or before July 31, 2008. After July 31, 2008, and prior to the maturity date, the StarPoint 6.5% Debentures may be redeemed in whole or in part, at a price of $1,050 per debenture after July... (PR Newswire)
During 2006 the Company recorded $4,462,000, (2005 - $1,996,000) of stock-based compensation expense related to the performance shares and stock options, of which $2,231,000 (2005 - $998,000) was capitalized in accordance with the Company's full cost accounting policy. AS stock-based compensation is non-deductible for income tax purposes, a future income tax liability of $945,000 associated with the current year's capitalized stock-based compensation has been recorded. (CCNMatthews Press Releases)
Full cost accounting ceiling test. The carrying value of petroleum and natural gas properties and equipment is reviewed at least annually for impairment. (CCNMatthews Press Releases)
Neil Yanofsky, Panera's president, said that no cost accounting had been done on its service, which is free. The rationale relates to ambience: "We want our customers to stay and linger.". (Taipei Times, Taiwan -- World)
In accordance with the full cost accounting guideline, all costs associated with exploration and development are capitalized on a country by country basis whether or not such activities were successful ... The Company performs a ceiling test annually in accordance with the Canadian Institute of Chartered Accountants' full cost accounting guidelines. (CCNMatthews Press Releases)
Peter, Tagum City, Philippines 8/03/05 A Managerial Accounting (and its sibling, Cost Accounting) in a Masters of Accounting program would get into issues such as "the Balanced Scorecard," "Quality Control and linkages to Continuous Improvement and Benchmarking," global issues related to transfer pricing, possibly sophisticated issues related to operational budgeting and performance assessment. Many of these issues are very focused, sometimes very quantitative, and sometimes omitted from general... (Charlotte.com, NC -- Living)
In the determination of financial results, we must make certain significant accounting estimates as follows: Full Cost Accounting We use the full cost method of accounting for oil and natural gas properties. All costs of exploring for and developing oil and natural gas reserves are capitalized and depleted against associated oil and natural gas production using the unit-of-production method based on the estimated proved reserves with forecast commodity pricing. (PR Newswire)
Jeff Probst, Blue Sun's president and CEO, stated, "Susan is an accomplished financial executive who brings a wealth of experience to Blue Sun, including implementing ERP systems, SEC reporting and an in-depth understanding of accounting and tax issues. She has significant operational and systems experience as well as an intimate knowledge of Blue Sun's business. Susan has successfully established lines of credit, managed all aspects of financial reporting and controls, and has deep knowledge of... (PR Newswire)
NASA's Mars Reconnaissance Orbiter spacecraft this month is set to surpass the record for the most science data returned by any Mars spacecraft. While the mission continues to produce data at record levels, engineers are examining why two instruments are intermittently not performing entirely as planned. (Science Daily)
Your browser does not support script. Tuesday January 30, 2007. (The Star Online, Malaysia -- Business)
Directors were of the view that public-private partnerships could help foster needed infrastructure investment, but cautioned that a full and transparent cost accounting is essential. Directors encouraged the authorities to continue strengthening economic statistics. (IMF News)
Augusta-area Top Jobs TRADES CONTROLLER A Growth Oriented Co. in Augusta, GA is seeking a Controller for accounting, cost accounting, finance, and purchasing. Must be a self-starter with the ability to think outside the. (The Augusta Chronicle)
We ll be able to use this in our full cost accounting study to assess the economic and environmental costs of various alternatives the DOE is expected to present. Ms. Einach noted the U.S. Environmental Protection Agency has endorsed removal of the underground tanks, which DOE continues to resist on the basis of cost and its impact on other DOE nuclear cleanup sites. (Olean Times Herald, NY)
What is new in its working plans for 2007 is that it will draft a unified system of cost accounting to govern college tuition collection. Without such a clear set of standards, the tuition collection has continued to arouse public questions. (Xinhuanet, China)
He was currently an associate professor emeritus who taught classes on international, managerial and cost accounting. Affectionately called ''Bear'' by students and colleagues, Koehler was a mentor to all, Thomas said. (The Miami Herald)
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