DirectCash Income Fund announces results of operations for the three months ended March 31, 2008 May 13, 2008
QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
Cinch Energy Corp. Releases First Quarter 2008 Results May 13, 2008
The Canadian Institute of Chartered Accountants (CICA) has issued a number of accounting pronouncements, some of which may impact the Company's reported results and financial position in future periods ... Effective January 1, 2008, the Company adopted four new accounting standards issued by the Canadian Institute of Chartered Accountants ("CICA"): Handbook Section 1535 "Capital Disclosures", Section 3862 "Financial Instruments - Disclosures", Section 3863 "Financial Instruments - Presentation",... (CCNMatthews Press Releases)
HSBC Bank Canada first quarter 2008 results* - Highlights May 6, 2008
Accounting policies adopted in 2008 Effective 1 January 2008, the bank adopted new Canadian Institute of Chartered Accountants (CICA) Handbook Standards requiring additional disclosures particularly relating to the management of risk associated with Capital and Financial Instruments. There was no impact on the results for the first quarter of 2008 arising from the adoption of these new presentation and disclosure standards, which will be reflected in HSBC Bank Canada's first quarter 2008 report... (Canada Newswire)
Fairborne Energy Ltd. Reports Record Cash Flow and Current Production May 6, 2008
On January 1, 2008, Fairborne adopted the new Canadian Institute of Chartered Accountants ("CICA") Handbook Section 3862 Financial Instruments - Disclosures which applies to both recognized and unrecognized financial instruments. These disclosures, which include the nature and extent of risks arising from financial instruments, are included in Note 7 of the interim consolidated financial statements. (CCNMatthews Press Releases)
TVA Group Records Net Income of $5.7 Million for the Quarter Ended March 31, 2008 May 2, 2008
On January 1, 2008, the Company adopted the Canadian Institute of Chartered Accountants (CICA) Handbook Section 3031, Inventories which requires that additional details be provided regarding the determination and recognition of inventories and the information to be presented. The adoption of this new section does not have any significant effect on its consolidated financial statements. (CCNMatthews Press Releases)
Gendis Inc. Announces Fourth Quarter Results Apr 11, 2008
Effective January 31, 2008, the Company adopted early, mandatory new standards issued by The Canadian Institute of Chartered Accountants in Handbook Section 3862, "Financial Instruments - Disclosures " and Section 3863 "Financial Instruments - Presentation" that would become effective the 1st quarter ending April 30, 2008 ... Effective January 31, 2008, the Company adopted early, mandatory new standards issued by The Canadian Institute of Chartered Accountants in Handbook Section 1535, "Capital... (CCNMatthews Press Releases)
Polaris Geothermal Reports 2007 Year End Results and Provides a Project Update Apr 3, 2008
Polaris Geothermal CEO, Tom Ogryzlo, reported that injection testing indicates that the well, which has been drilled to a 1207 m depth with a standard diameter (7" liner) completion, will make a "very useful contribution" to the required injection capacity of the project.The rig is now being moved to an existing pad, SJ6, where two new large diameter production wells will be drilled and the existing well, SJ6-1, will be worked over to clear material from the bottom of the well and to increase... (CCNMatthews Press Releases)
WebTech Wireless Appoints Peter W. Roberts, FCA, CPA (Illinois), ICD.D to Board of Directors Apr 2, 2008
"With my practical corporate work experience, and my work with the Canadian Institute of Chartered Accountants (CICA) Risk Management and Governance Board, I am looking forward to assisting WebTech Wireless in achieving its exciting telematics growth opportunities," stated Mr. Roberts. Mr. Roberts has worked in public accounting in Canada, the US and the UK, and for the past 25 years he has worked at a number of public and private corporations in various executive financial roles. (CCNMatthews Press Releases)
Caza Oil & Gas, Inc. Announces Results for the Year Ended December 31, 2007 Mar 31, 2008
As of January 1, 2007, Caza adopted the Canadian Institute of Chartered Accountants ("CICA") Section 3855 "Financial Instruments - Recognition and Measurement;" Section 3861, "Financial Instruments - Disclosure and Presentation" and Section 3865 "Hedges.". CICA Section 3855 prescribes when a financial instrument is to be recognized on the balance sheet and at what amount. (CCNMatthews Press Releases)
Inscape Corporation Announces Third Quarter Results Mar 7, 2008
Based on current order levels and the impact of project timing, we expect that sales for the fourth quarter of fiscal 2008 will be well above third quarter levels and in line with the fourth quarter of fiscal 2007" said Mr. Brunelle.Operating PerformanceThe third quarter of fiscal 2008 ended January 31, 2008 had a net income of $1.1 million compared to a net income of $0.6 million for the same period of fiscal 2007. The year-to-date nine-month period ended January 31, 2008 had a net income of... (CCNMatthews Press Releases)
New tax-free account requires some planning Mar 1, 2008
On reading the budget this week, Kevin Dancey, president and CEO of the Canadian Institute of Chartered Accountants, immediately singled out strip bonds as being an ideal TFSA investment. Strips are bought at a discount to their value at maturity, and the differential is computed into an annualized yield. (Globe and Mail -- Business)
Industries hardest hit by high Canadian dollar differ on how to stay competitive Jan 31, 2008
CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS ... The CICA/RBC Business Monitor is issued quarterly, based on a survey conducted by The Canadian Institute of Chartered Accountants (CICA) ... About CICA The Canadian Institute of Chartered Accountants (CICA), together with the provincial, territorial and Bermuda Institutes/Ordre of Chartered Accountants, represents a membership of approximately 72,000 CAs and 10,000 students in Canada and Bermuda. (Canada Newswire)
Silver Dragon Appoints R. Glen MacMullin to Board of Directors Dec 6, 2007
Mr. MacMullin received a Bachelor of Business Administration degree from Saint Francis Xavier University and is a member of the Canadian Institute of Chartered Accountants. About Silver Dragon. (Primezone Releases)
HudBay Appoints Director of Tax Nov 23, 2007
Mary-Lynn has been an instructor for the Ontario Institute of Chartered Accountants' School of Accountancy as well as tax instructor for the Canadian Institute of Chartered Accountants. About HudBay Minerals Inc.. (CCNMatthews Press Releases)
FP Newspapers Income Fund Reports Third Quarter 2007 Results Nov 14, 2007
In July 2007 the Canadian Institute of Chartered Accountants published an interpretive release concerning recommendations for certain Management's Discussion and Analysis disclosures entitled Standardized Distributable Cash in Income Trusts and Other Flow-Through Entities: Guidance on Preparation and Disclosure ... Effective January 1, 2007, the Fund and FPLP prospectively adopted the Canadian Institute of Chartered Accountants ("CICA") Handbook Section 1530 Comprehensive income, Section 3855... (CCNMatthews Press Releases)
easyhome Ltd. Reports Third Quarter 2007 Results Nov 2, 2007
The Company's independent auditor has not performed a review of these financial statements in accordance with standards established by the Canadian Institute of Chartered Accountants for a review of interim financial statements by an entity's auditor. CONSOLIDATED BALANCE SHEETS (unaudited) As at: September 30, December 31, (in 000's) 2007 2006 ---------------------------------------------------------------------------- $ $... (CCNMatthews Press Releases)
Audit Software Provider ACL Services at 14th World Continuous Auditing and Reporting Symposium Nov 1, 2007
The CCA's Advisory Board includes senior representation from the American Institute of Certified Public Accountants, the Canadian Institute of Chartered Accountants, The Institute of Internal Auditors, and the major public accounting firms. It is chaired by the Honorable David M. Walker, Comptroller General of the United States. (PR Newswire)
Premium Brands Income Fund Announces Record Third Quarter Sales and Earnings Nov 1, 2007
"DISTRIBUTABLE CASHThe Fund's distributable cash for the first three quarters of 2007 as compared to the first three quarters of 2006 increased by $5.3 million to $20.0 million due to the Centennial and specialty bakery acquisitions in the third quarter of 2007 and the continued improvement in the operating results of the Fund's other businesses.Declared cash distributions for the first three quarters of 2007 increased to $15.4 million as compared to $13.2 million for the first three quarters of... (CCNMatthews Press Releases)
Home Capital Reports Record Third Quarter Performance: Net earnings rise 37.4% year-over-year, as new mortgage originations grow by 48.3%; Return on equity at 28.9% for the quarter Oct 29, 2007
Change in Accounting Policy On January 1, 2007 the Company adopted the Canadian Institute of Chartered Accountants (CICA) Handbook sections 3855, Financial Instruments - Recognition and Measurement; 3865, Hedges; and 1530, Comprehensive Income. The standards require that all financial assets and liabilities be classified as held for trading, available for sale, held to maturity, or loans and receivables. (Canada Newswire)
EnCana generates third quarter cash flow of US$2.2 billion, or $2.93 per share - up 27 percent Oct 25, 2007
CHANGES IN ACCOUNTING POLICIES AND PRACTICES As disclosed in the December 31, 2006 annual audited Consolidated Financial Statements, on January 1, 2007, the Company adopted the Canadian Institute of Chartered Accountants ("CICA") Handbook Section 1530 "Comprehensive Income", Section 3251 "Equity", Section 3855 "Financial Instruments - Recognition and Measurement", and Section 3865 "Hedges" ... Property, Plant and Equipment Upstream EnCana accounts for natural gas and crude oil properties in... (Canada Newswire)
Ernst & Young Launches New Editions of Leading Tax Guides Oct 10, 2007
Ernst 's Annotated Federal Income Tax Act (FITA) (5th Edition) and Ernst 's Complete Guide to the Goods and Services Tax (15th Edition), written and edited by Ernst tax professionals and published by The Canadian Institute of Chartered Accountants TORONTO, Oct. 10 /CNW/ - Canadian tax professionals can breathe a sigh of relief with the release of the latest editions of Ernst 's Complete Guide to the Goods and Services Tax and Ernst 's Annotated Federal Income Tax Act. These comprehensive and... (Canada Newswire)
Corporate Update Oct 10, 2007
He is a past member of the Executive Advisory Committee for the Association of Certified Forensic Investigators; a member of the Canadian Institute of Chartered Accountants (CICA) Anti-Money Laundering Advisory Committee; member of the Ontario Association of Chiefs of Police (OACP); a Director and Treasurer of the Universal Youth Foundation, a registered not-for-profit organization which provides educational assistance to children in Africa and developing countries; a Director of the Villa... (Canada Newswire)
CICA developing new accounting framework for owner-manager businesses Oct 1, 2007
CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS ... TORONTO, Oct. 1 /CNW/ - The Canadian Institute of Chartered Accountants (CICA) is developing a simplified accounting framework tailored to the needs of Canada's 1 ... The Canadian Institute of Chartered Accountants (CICA), together with the provincial, territorial and Bermuda Institutes/Ordre of Chartered Accountants, represents a membership of approximately 72,000 CAs and 10,000 students in Canada and Bermuda. (Canada Newswire)
Viability of Canadian companies threatened by rising Canadian dollar, say CA senior executives in CICA/RBC Business Monitor (Q3 2007) Sep 25, 2007
CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS ... The quarterly report is based on a survey conducted by The Canadian Institute of Chartered Accountants (CICA), and draws upon business insights of CAs in leadership positions in privately and publicly held companies across Canada ... The Canadian Institute of Chartered Accountants (CICA), together with the provincial, territorial and Bermuda Institutes/Ordre of Chartered Accountants, represents a membership of approximately 72,000 CAs and 10,000... (Canada Newswire)
Inside the U.S.-Canada tax treaty Sep 25, 2007
She is a contributing editor to the Canadian Tax Journal (Canadian Tax Foundation) and the Annotated Federal Income Tax Act (Canadian Institute of Chartered Accountants and Ernst & Young Electronic Publishing Services). Heather also tutors the CICA Advanced International Tax Course. (Globe and Mail -- Business)
Go Daddy receives 4th online-security seal Aug 30, 2007
The Scottsdale-based domain name registrar said the seal was awarded by the American Institute of Certified Public Accountants and the Canadian Institute of Chartered Accountants. The groups confirm registrars' authentication and security processes for Secure Sockets Layer Certificates, which owners place on Web sites to encrypt sensitive data during online transactions. (AZCentral -- Business)
Majescor Announces Board and Management Appointments Aug 28, 2007
Alain Krushnisky is a chartered accountant and member of the Canadian Institute of Chartered Accountants. He has been involved with the mining industry for 16 years, including 12 years with Cambior Inc. ("Cambior"), a mid-tier gold producer. (CCNMatthews Press Releases)
OceanaGold Corporation - Management's discussion and analysis of financial condition and results of operations for the three months ended June 30, 2007 Aug 14, 2007
CHANGES IN ACCOUNTING POLICIES INCLUDING INITIAL ADOPTION Effective January 1 2007, the Company adopted, on a prospective basis, the new recommendations of the Canadian Institute of Chartered Accountants with respect to stripping charges, EIC 160 Stripping Costs Incurred in the Production Phase of a Mining Operation. The new recommendations require the costs associated with the removal of overburden and other mine waste materials that are incurred in the production phase of mining operations to... (Canada Newswire)
Tanganyika Announces Second Quarter 2007 Results Aug 14, 2007
The Company's independent auditor has not performed a review of these financial statements in accordance with standards established by the Canadian Institute of Chartered Accountants for a review of interim financial statements by an entity's auditor ... The Company acquired its interest in the Oudeh Block ("Oudeh") in 2003 pursuant to a Contract for Development and Production of Petroleum with the Government of Syria (the 'Government"). The objective of the contract, which has a term of 20... (CCNMatthews Press Releases)
DirectCash Income Fund announces results of operations for the three and six months ended June 30, 2007 Aug 13, 2007
In accordance with the interpretive release issued by the Canadian Institute of Chartered Accountants ("CICA"), we have calculated a distributable cash flow measure called Standardized Distributable Cash Flow and have included it as an additional disclosure. Standardized Distributable Cash Flow is calculated as cash flow from operations including the effect of changes in non-cash working capital less total capital expenditures required to preserve productive capacity, and restrictions on... (Canada Newswire)
Focus Energy Trust announces Q2 financial & operating results Aug 9, 2007
Changes in Accounting Policy ------------------------------------------------------------------------- Effective January 1, 2007, the Trust adopted the new recommendations of the Canadian Institute of Chartered Accountants (CICA) Handbook Section 1530, "Comprehensive Income"; Section 3861, "Financial Instruments - Disclosure and Presentation"; Section 3855, "Financial Instruments - Recognition and Measurement"; and, Section 3865, "Hedges", prospectively and therefore the comparative interim... (Canada Newswire)
Newalta Income Fund announces 2007 second quarter results Aug 9, 2007
ADOPTION OF NEW ACCOUNTING STANDARDS IN 2007 Effective January 1, 2007, the Fund adopted the new accounting recommendation of the Canadian Institute of Chartered Accountants ("CICA") under CICA Handbook section 1506, Accounting Changes. The impact of this section is to provide disclosure of when an entity has not applied a new source of GAAP that has been issued but is not yet effective. (Canada Newswire)
Entrust Secures Online Indian Music Retailer, Implements EV SSL Certificates Aug 8, 2007
Entrust fulfilled the audit requirements established by the Canadian Institute of Chartered Accountants, which were based on the EV guidelines produced by the CA/Browser Forum. Months earlier, in January 2007, Entrust became the first SSL vendor to activate EV SSL certificates for Windows XP users who used Microsoft Internet Explorer 7. (Canada Newswire)
CCS Income Trust second quarter results and highlights Aug 3, 2007
CHANGES IN ACCOUNTING POLICIES OR ESTIMATES Financial Instruments As of January 1, 2007, the Trust adopted, on a retroactive basis, four new Handbook Sections issued by the Canadian Institute of Chartered Accountants ("CICA") relating to financial instruments. These new accounting standards are effective for fiscal years beginning on or after October 1, 2006 and are identified as follows: > The new standards address the recognition and measurement of financial assets, financial liabilities and... (Canada Newswire)
Cash reporting targeted Jul 20, 2007
The Canadian Institute of Chartered Accountants said yesterday it is issuing recommendations to standardize reporting of distributable cash, a key measure of income funds that until now has been subject to a wide latitude of interpretations. "Inconsistencies in how income trusts calculate distributable cash and other measures have made it difficult for investors to evaluate income trust financial results over time and compare them across entities," the CICA said in a statement. (Globe and Mail -- Business)
CA executives foresee sweeping change in business ownership, says inaugural CICA/RBC Business Monitor Jun 27, 2007
CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS ... This new report is based on a national study being conducted quarterly by The Canadian Institute of Chartered Accountants and RBC. "These results highlight the growing focus on succession planning and merger and acquisition activity among privately held businesses in Canada - a phenomenon that we believe will have significant implications for thousands of businesses, employees, and for the Canadian economy as a whole," said Kevin Dancey, CICA... (Canada Newswire)
Entrust Applauds CA/Browser Forum for Finalizing EV Guidelines Jun 13, 2007
Facilitated by Deloitte, Entrust met the audit requirements established by the Canadian Institute of Chartered Accountants. Entrust Extended Validation SSL certificates -- commonly referred to as "EV" certificates -- continue to gain respect amongst trusted enterprises, government agencies and security vendors, and are an effective tool for rebuilding consumer confidence in online transactions by enabling strong visual cues concerning the identity of the site operator. (PR Newswire)
Entrust First to Achieve Successful WebTrust Approval for Extended Validation SSL Certificates May 30, 2007
Entrust met the audit requirements established by the Canadian Institute of Chartered Accountants, based on the EV guidelines produced by the CA/Browser Forum ... "The importance of an independent third-party examination of the controls, processes and procedures of CAs is critical to underpinning higher confidence in EV SSL certificates," said Bryan Walker, principle assurance services, Canadian Institute of Chartered Accountants and responsible for the WebTrust for Certification Authorities... (Canada Newswire)
On the occasion of the 100th anniversary of HEC Montréal, honorary doctorates to be awarded to Sheila Fraser, Auditor General of Canada, and Jacques Landreville, President and CEO of Uni-Select May 27, 2007
In 2004-2005, she served as Chair of the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants. She currently chairs the Working Group on Environmental Auditing and the Sub-Committee on Independence of Supreme Audit Institutions, two committees of the International Organization of Supreme Audit Institutions (INTOSAI). (Canada Newswire)
Masonite International Inc. Announces First Quarter 2007 Results May 23, 2007
In the first quarter of 2007, the Company adopted the new accounting standards issued by the Canadian Institute of Chartered Accountants with respect to Comprehensive Income, Hedges and Financial Instruments. The impact of this was to record the fair value of the Company's interest rate swaps on the balance sheet in Other assets, and to reclassify the unamortized deferred financing costs from Other assets to a reduction of debt incurred that gave rise to such financing costs. (Canada Newswire)
Canadian Tire first quarter net earnings rise 35.5% to $64.5 million May 10, 2007
Restated figures Some figures in this MD restated as required by EIC-156, "Accounting by a Vendor for Consideration Given to a Customer (Including a Reseller of the Vendor's Products)", which was issued by the Canadian Institute of Chartered Accountants (CICA) and implemented by us in Q1 2006. See section 11. (Canada Newswire)
C1 Energy Ltd. Announces First Quarter 2007 Results May 10, 2007
In 2005 the Canadian Institute of Chartered Accountants issued three new accounting standards: Comprehensive Income, Financial Instruments - Recognition, and Measurement and Hedges. These standards were intended to harmonize Canadian GAAP with U.S. GAAP and with International Financial Reporting Standards. (CCNMatthews Press Releases)
Fairquest Energy Limited 2007 First Quarter Report & News Release May 9, 2007
On January 1, 2007, Fairquest adopted the new Canadian Institute of Chartered Accountants ("CICA") Handbook sections for financial instruments - recognition and measurement, financial instruments - presentation and disclosures, hedging, comprehensive income and equity. As prescribed by the new standards, prior periods have not been restated. (CCNMatthews Press Releases)
Royal Host REIT Reports First Quarter Results and Appointment of New Chief Financial Officer May 8, 2007
The policies of the Canadian Securities Administrators and the draft guidance issued by the Canadian Institute of Chartered Accountants consider distributable cash (Cash Available for Distribution) a cash flow measure and, as such, require that it be reconciled to Cash Flows from Operating Activities ... The Canadian Institute of Chartered Accountants ("CICA") issued new guidance related to financial instruments that are effective for the Trust commencing January 1, 2007 ... The Canadian... (CCNMatthews Press Releases)
Equitable Group reports record 2007 first quarter May 1, 2007
Effective January 1, 2007, the Company adopted new accounting policies issued by the Canadian Institute of Chartered Accountants: Financial Instruments - Recognition and Measurement, Hedges, Comprehensive Income and Financial Instruments - Disclosure and Presentation. A new section of shareholders' equity - Accumulated other comprehensive income - has been created by virtue of the adoption of these new standards. (Canada Newswire)
Pan American Silver Reports First Quarter 2007 Results May 1, 2007
On January 1, 2007, the Company retroactively adopted, without restatement of prior periods, the recommendations included in the following Sections of the Canadian Institute of Chartered Accountants Handbook: Section 1530, ``Comprehensive Income'', Section 3855, ``Financial Instruments - Recognition and Measurement'', Section 3865, ``Hedges'', Section 3861, ``Financial Instruments - Disclosure and Presentation'', and Section 3251, ``Equity ... The Company adopted the recommendations included in... (Primezone Releases)
Centerra Gold Reports First Quarter Earnings of $0.03 Per Share Apr 29, 2007
In July 2006, the Accounting Standards Board ("AcSB") issued a replacement of The Canadian Institute of Chartered Accountants' Handbook ("CICA Handbook") Section 1506, Accounting Changes. The new standard allows for voluntary changes in accounting policy only when they result in the financial statements providing reliable and more relevant information, requires changes in accounting policy to be applied retrospectively unless doing so is impracticable, requires prior period errors to be... (CCNMatthews Press Releases)
Grand Petroleum Inc. Announces Record 2006 Q4 and Year End Results and Filing of NI 51-101 Report Apr 20, 2007
The Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking various hedge transactions in accordance with the Canadian Institute of Chartered Accountants (CICA) accounting guideline for hedging relationships. This guideline requires that the hedge transaction be formally assessed at inception and on an ongoing basis to determine whether it is highly effective in offsetting changes in... (CCNMatthews Press Releases)
Garneau Inc. Annual Report 2006 Mar 31, 2007
New Accounting Policies ----------------------- In January 2005, the Canadian Institute of Chartered Accountants ("CICA") issued Handbook Section 3855, "Financial Instruments-Recognition and Measurement", Handbook Section 1530, "Comprehensive Income", and Handbook Section 3865, "Hedges." In 2006, the CICA issued Handbook Section 1506, "Accounting Changes". These standards will apply to the Corporation effective January 1, 2007. (Canada Newswire)
Alexis Nihon REIT Announces Fourth Quarter and 2006 Year-End Results Mar 23, 2007
Effective January 1, 2005, the REIT adopted The Canadian Institute of Chartered Accountants' Accounting Guideline 15, "Consolidation of Variable Interest Entities" ... On December 3, 2006, in accordance with the terms of the Combination Agreement (see "Sale Process"), the trustees suspended the effects of the DRIP. Under the terms of the Support Agreement, the REIT agreed to maintain the suspension of the DRIP and to terminate the DRIP as soon as possible upon the successful completion of the... (CCNMatthews Press Releases)
Families, provinces scoop up billions in spending, tax relief Mar 20, 2007
Kevin Dancey, president of the Canadian Institute of Chartered Accountants, said for business the big disappointment is there wasn't any broad-based tax relief, such as a further cut or acceleration in the already promised reduction in corporate income tax rates. The budget also raises taxes for some businesses, which business groups said was disappointing. (Ottawa Citizen (subscription))
Essential Energy Services Trust Releases Record Fourth Quarter and Year End Results Mar 20, 2007
Effective January 1, 2007, the Trust will adopt the recommendations of three new Handbook Sections issued by the Canadian Institute of Chartered Accountants ("CICA") relating to financial instruments. These new accounting standards are effective for fiscal years beginning on or after October 1, 2006 and are identified as follows. (CCNMatthews Press Releases)
Equitable Group reports record fourth quarter 2006 results, sets out its objectives for 2007 Feb 27, 2007
During 2006, the Canadian Institute of Chartered Accountants ("CICA") issued accounting requirements regarding Stock Based Compensation for Employees Eligible to retire before the Vesting Date. The fair value of options granted to employees who are eligible to retire within the vesting period will be recognized over the required period of service rather than the grant's vesting period. (Canada Newswire)
Universal Energy Group Releases December 31, 2006 Financial Statements Feb 15, 2007
Universal's independent auditors have not performed a review of these financial statements in accordance with the standards established by the Canadian Institute of Chartered Accountants for a review of the interim financial statements by an entity's auditors ... Universal's independent auditors have not performed a review of these financial statements in accordance with the standards established by the Canadian Institute of Chartered Accountants for a review of the interim financial statements... (CCNMatthews Press Releases)
