There was broad support among committee members for the proposal.The committee signalled it would also include a reference to materiality in the package it sends back to the IASB.The proposed amendments will force entities to use updated assumptions to measure service cost and net interest for the remainder of the reporting period when remeasuring DB liabilities under IAS 19.When developing the proposed amendments, the board argued that there would be no changes to how and when DB sponsors would remeasure the net liability. However, respondents to the amendments warned that the proposed changes could affect the frequency and timing of remeasurements.In response, the IFRIC proposed removing minor plan amendments from the scope of the changes. The board, however, disagreed with this analysis.As part of their analysis, IFRIC staff conceded that the proposals could affect where and when entities remeasure net DB liabilities.Accordingly, IFRIC staff proposed that the IASB should update the discussion in the “basis for conclusions” to the amendments.However, some board members had reservations about this proposal and instead referred the matter back to the committee for it to consider the wisdom of including minor plan amendments in the scope of the amendments.IASB accounting framework nears completionMeanwhile, the IASB has concluded its deliberations on its conceptual framework project and cleared staff to commence balloting on the updated framework document.The board’s conceptual framework – which forms the basis for its standard-setting activities – has been a battleground between some investor groups and the board in recent years.Critics of the board’s framework argued that it ought to include a reference to prudence as a brake on the excesses that led up to the 2008 financial crisis.The IASB removed the concept from the 2010 iteration of its framework.According to the latest IASB workplan, the board is slated to issue the finalised framework during the final quarter of the year.Staff told the board last November that they expect the new framework to have little impact on preparers.FRC seeks GAAP feedbackThe UK Financial Reporting Council (FRC) has issued for public comment a series of amendments to FRS 102, the UK GAAP (‘generally accepted accounting principles’) source for unlisted entities.The amendments, which are open for public comment until 30 June 2017, affect directors’ loans, intangible assets, investment property, the classification of financial instruments, and the definition of a financial institution.If confirmed, the proposals will apply from 1 January 2019.Separately, the FRC is reviewing its for process to bring changes to major international reporting standards, such as those covering financial instruments accounting under IFRS 9, as well as leasing and revenue recognition.The regulator said it was currently reviewing responses to its September 2016 consultation on the matter.Any changes to UK GAAP will not take effect until 1 January 2022. The FRC added that it would consult on any such proposals “toward the end of the third quarter of 2017”. The International Financial Reporting Interpretations Committee (IFRIC) has backtracked on earlier proposals to relax the likely impact of amendments affecting the treatment of defined benefit (DB) pension fund remeasurements.The committee will now recommend that the International Accounting Standards Board (IASB) approve the changes to International Accounting Standard 19, Employee Benefits, (IAS 19) with no update to the proposed amendments.Committee member Reinhard Dotzlaw said: “I agree with the staff proposals and I also agree with the staff proposal to amend the basis for conclusions not to give a steer as to whether it would affect the timing of, and frequency of, remeasurement.“In my mind that is based on a materiality decision and preparers would consider the materiality of a plan amendment in the context of the financial statements as a whole.”
The Batesville Bulldogs traveled to South Dearborn Monday Night to take on the Knights. Despite some tremendous defensive plays by the Bulldogs they were unable to hold off the Knights and fell in a key conference match up 4-0.Leading in hitting for the Bulldogs were Sarah Meyer going 2-3 and Ellie Waechter and Whitney Axsom 1-3.Lady Bulldogs fall to 3-10 on the season and 2-5 in conference play. They will host Franklin County Tuesday night at 5:30.Courtesy of Bulldogs Coach Todd Reed.
David Moyes accused Manchester United of “rank and rotten” defending as the Scot endured a hellish return to Goodison Park. The result and the performances of both sides showed just how much United have regressed under Moyes and how far Everton have come under his successor Roberto Martinez, who has now collected a record 20 league wins since moving to Goodison Park. United tested Tim Howard on just two occasions while Everton out-muscled and outclassed their opponents in midfield. Wayne Rooney had a disappointing afternoon in front of goal while Lukaku caused Jonny Evans and Jones problems throughout. Moyes, surprisingly, thought his team did not play too badly. “We played very well in the first half,” said Moyes, who spent 11 years at Everton before moving to Old Trafford. “We had passed the ball really well, kept the ball but we didn’t have the final pass, the killer through ball that was needed in the final third. “I didn’t think we deserved to go in 2-0 down at half-time, that’s for sure. “We had good play, good control of the game, and we had the bulk of the ball.” Martinez, who became the first Everton boss to do the double over United in 44 years, hailed his team’s performance as “electrifying”. “This was an important win for our fans,” said the Spaniard. “We knew that since the 1969-70 season we had never done the double over United and I think that is when we won the league. “That tells you this group of players is ready to develop. “That performance was full of energy, it was dynamic on the counter attack. I thought we looked electrifying.” Despite the midweek defeat to Crystal Palace, Everton are just one point short of fourth-placed Arsenal with three matches left. Martinez is refusing to get carried away with talk of his team pipping the Gunners to fourth, though. “We have another nine points to fight for,” said Martinez. “We play Manchester City, Southampton, and Hull a week before the cup final. You couldn’t pick a worse three games.” For Moyes the season is over. He now has the unwanted tag of being the man who has failed to take United into the Champions League for the first time in 19 years. As ever, there was an attempt from the Scot to cast a positive light on his team’s woeful season. “I think everybody knows that we are on track to make changes and do some different things,” he said. “We are rebuilding. “I understand it has not been good, I recognise it has not been good, and it needs to be better.” On the pitch it was a grim day for the United boss as his team suffered their 11th defeat of the season. Phil Jones blocked Romelu Lukaku’s shot with his outstretched arm and Leighton Baines converted the resulting spot-kick before Alex Buttner played Kevin Mirallas onside and the Belgian beat David de Gea from a tight angle. Moyes tried to put a positive spin on what was a dreadful defeat, but he did not hold back when giving his assessment of his team’s defending for both goals. “I thought the two goals we conceded today were rank, rotten,” the United boss said. “The (first) goal was a big kick up the pitch, it was nodded down and picked up, and for us to concede a goal like that was terrible. “The second was a better move but we should have defended it much better that we did. “We gave away two terrible goals but prior to that we passed the ball brilliantly well, kept the ball, had great control of the game. “What we couldn’t do is make enough chances, but we had a great control and we got done by two stupid decisions.” Everton strolled to an easy 2-0 win that ended United’s hopes of Champions League qualification with four matches remaining. Moyes was barracked by the home support throughout and one Everton fan even turned up in a Grim Reaper’s costume to poke fun at the United boss from just behind the dugout. Press Association
Premier League and La Liga are back and DStv and GOtv subscribers can look forward to the first round of action from 11-14 September 2020.Just a month and a half after the 2019-20 season wrapped up in late July, England’s topflight clubs are back in action and set for another marathon campaign which is set to squeeze a full season into a schedule which is a full month shorter than usual.The action gets underway early on Saturday afternoon with newly promoted Fulham welcoming London rivals, Arsenal to Craven Cottage. This is airing live on SuperSport Premier League at 12:30pm. The Gunners ended 2019-20 on a high by winning the FA Cup, and began 2020-21 in a similar vein, defeating Liverpool on penalties to claim the Community Shield title. Meanwhile, Champions Liverpool, will be in action in a potential thriller in the late game on Saturday when they welcome newly-promoted Leeds United back to the Premier League, with the Whites set to play a top-flight match for the first time in more than 16 years. This will air live on SuperSport Premier League at 5:30pm.Premier League matches, Crystal Palace vs Southampton will also air live on SuperSport Premier League at 3pm on Saturday, while West Ham United vs Newcastle United will air at 3pm on SuperSport Football and SuperSport GOtv Football.West Bromwich Albino v Leicester City will air live on SuperSport Premier League at 2pm. While Tottenham Hotspur v Everton will air at 4:30pm on SuperSport Football and SuperSport GOtv Football. Lastly on Monday, 14 September, Brighton & Hove Albion v Chelsea, live on SuperSport Premier League at 8pm and Sheffield United v Wolverhampton Wanderers, live on SuperSport Premier League at 8pm.Despite the absence of ‘heavy hitters’ from the first round of La Liga matches this new season, due to their participation in the UEFA Champions League and UEFA Europa League’s recent ‘mini tournaments’, there remains some great football to be played over the weekend, with the pick of matches coming from the ‘Derby del Turia’ between Valencia and Levante at Estadio de Mestalla, airing live at 8pm on SuperSport LaLiga and SuperSport GOtv LaLiga.Nigerian fans will be glued to the screens for the clash of Villarreal and newly promoted Huesca, which will air live on SuperSport LaLiga and SuperSport GOtv LaLiga at 5:30pm. The Yellow Submarine will be hoping for another strong campaign from Super Eagles star Samuel Chukwueze, who played such a key role in powering the team up the log after last season’s ‘restart’.Other matches on La Liga this weekend includes Granada v Athletic Bilbao on Friday at 8pm, airing live on SuperSport LaLiga, SuperSport Football, SuperSport GOtv LaLiga and SuperSport GOtv Football.On Saturday 12 September, Eibarv Celta Vigo at 3pm and Cadiz v Osasuna at 8pm both airing live on SuperSport LaLiga and SuperSport GOtv LaLiga. Real Valladolid v Real Sociedad will air live on Sunday 13 September at 3pm on SuperSport LaLiga and SuperSport GOtv LaLiga. On Monday 14 September, Deportivo Alaves v Real Betis will also air live on SuperSport LaLiga and SuperSport GOtv LaLiga at 8pm.SuperSport promises the best coverage throughout the 2020-21 football season as DStv and GOtv customers get to see all their favourite stars from the African continent dominating in leagues across Europe. SuperSport is the only platform that offers English commentary from the legendary La Liga.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
For most students, tossing their caps into the air at the end of commencement culminates their four years at USC.But for some, it only marks the end to a semester.Pomp and circumstance · For fall graduates, the spring commencement ceremony does not mark the end of their USC careers. – Daily Trojan file photo Most of the students who will be ordering class rings and learning about commencement at this week’s Grad Fair are in their eighth semester — seniors graduating after four years.Not every senior, however, follows a stringent four-year path to graduation. There are a handful of students who graduate in the fall semester, either to finish degree requirements or to prepare for jobs or graduate school.“I had this drive to prove that I could work,” said Katy Reid, a fall 2009 graduate with a bachelor of arts in theatre, who graduated a semester early. “For me, graduating was a part of getting out in the real world.”According to Ray Gonzales, senior director of research and reporting for the Office of Academic Records and Registrar, there have historically been about 900 fall graduates each December at USC. Last fall, that number declined slightly, but it has been increasing overall in the past few years.Gene Bickers, vice provost for undergraduate programs, said a growing number of fall graduates are students who are staying an extra semester rather than leaving a semester early.“The number of December grads has increased marginally over the past several years, but there has been no large-scale trend,” Bickers wrote in an e-mail. “More students graduate late than early, largely because they are pursuing multiple majors or minors, or because they have made a late change of major.”Students who finish their degrees in the fall semester are given a fall conferral date but are treated almost identically to spring graduates.Any student who graduates in the fall semester will still be recognized in the spring commencement booklet of his class year, which includes the prior fall.Since USC only offers one commencement ceremony, fall graduates are allowed to walk in the graduation ceremony prior to their graduation or in the spring ceremony after they receive their degrees.“I’m going to walk with the class of 2010 because I started with them,” said Ashley Zimmerman, a fall 2009 graduate with a bachelor of arts in broadcast journalism. “I want to end my college career with the same friendships I created freshman year.”For some students, the commencement ceremony is a time to share their accomplishments with their family members.“I’ll be at the ceremony, but my decision could have gone either way. It’s a whole family thing, and it’s for my parents as much as for me,” said Mike Joyce, a fall 2009 graduate with a bachelor of arts in broadcast journalism.Nelson Shirota, student services manager, said typically many fall graduates attend the ceremony unless circumstances preclude them from being in Los Angeles.“We have thousands of participants, and they are the ones who want to show up to display all of their hard work,” Shirota said.Though fall graduates are given equal opportunities to participate in commencement activities, including the Baccalaureate Ceremony and the Baccalaureate Dinner, some fall graduates said they feel they are missing out on parts of the graduation experience.“I live with 10 seniors who are all in their second semester. They’re going through this stage where they feel liberated, but they also have a fear of what’s to come. But I went through that by myself,” Reid said.Zimmerman, too, said she feels slightly disconnected from the graduation experience.“I’m missing out on the last time to go to [Traditions, an on-campus bar], my last invite and my last class. My last class was a very individual experience because everyone else still had another semester. It was more of a surreal experience for me,” she said.Though early or late graduates might miss out on some of the traditions, Bickers said that academically there is no disadvantage.“It depends on the student, but I would not say that most December graduates miss out on opportunities by finishing early,” Bickers wrote. “They are still eligible for university honors, including the Renaissance, Discovery and Global Scholars programs. There is no single answer to whether early graduation is a good thing — it really depends on individual circumstances.”Although Reid and Zimmerman might have some qualms with graduating early, both feel that it was the right decision academically and financially.Casey Patrick, a fall 2009 graduate who received her bachelor of arts in business administration, recognized that if she had remained at USC for her spring semester, she would have remained in her comfort zone.“It would have been really easy for me to stay [at USC]. But [leaving USC] is more of a challenge. In some ways, it is kind of harder, and now I’ve just been thrown into the real world,” she said.
Following their historic Munster final victory over Nemo Rangers last month the Tipp champions face a trip to London this weekend.Charlie McGeever’s side will take on the London champions in Ruislip on Saturday afternoon.Commercials PRO Ned Brophy says they will be treating the opposition with respect. Having watched the London final on TV he says the standard was quite high.Tipp FM will have regular live updates from Saturday’s game which throws-in at 1.30.
Ighalo is the top scorer in AFCON 2019 qualifier with six goals including five in two games against Libya.Nigeria will face South Africa in a grudge game in Johannesburg on November 17 and host Uganda three days later in an international friendly. Bafana Bafana defeated Eagles in Nigeria’s first match of the qualifiers.Onyekuru, 21, has scored twice in 12 appearances this season for Turkish club Galatasaray, where he is on loan from English side Everton.Ighalo’s injury comes as the latest setback to the three-time African champions who have lost Wilfred Ndidi through suspension, and injuries to Ogenyi Onazi and goalkeeper Francis Uzoho.Nigeria is leading Group E with nine points from four matches, a point ahead of second-placed South Africa.Eagles who failed to qualify for the last two editions of the AFCON will seal qualification to next year’s tournament in Cameroon if they beat South Africa even with the last game against Seychelles in Nigeria to spare.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram AFCON 2019 QUALIFIERSuper Eagles handlers have extended a late call up to Henry Onyekuru to replace injured striker Odion Ighalo for the Africa Cup of Nations qualifier against South Africa next weekend.The 29-year-old picked up a hamstring injury in Wednesday’s Chinese Super League 2-2 draw between his Changchun Yatai side and Tianjin Quanjian.
Scientific Games bolsters virtuals portfolio with Legends Racing addition July 29, 2020 StumbleUpon Submit Esports Entertainment bolsters tournament capacity by acquiring EGL August 27, 2020 Share Related Articles Share SG OpenMarket approval sees SportCaller expand FTP distribution capacity August 18, 2020 Barry Cottle -Scientific GamesIssuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation has moved to expand its mobile gaming proficiencies by acquiring UK independent mobile games and app developer Red7Mobile.Confirming its outright acquisition of the Bristol-based industry games developer, Scientific Games chose not to disclose details regarding its deal. However, Scientific Games detailed to its stakeholders that it would gain a significant boost in its ‘mobile games portfolio’ adding a large selection of HTML5 slots and instant games.Founded in 2011 by developer Matt Hatch, Red7Mobile has secured a number of mobile content partnerships with leading UK operators and industry platform providers including Betfair, Endemol Games and William Hill.Barry Cottle, CEO of Scientific Games Digital/Interactive Division stated that his firm had gained a ‘highly creative and talented team’ of game developers.“Red7’s portfolio of innovative games augments our entertaining game content and industry-leading intellectual property. As we merge Red7’s content into our extensive game library, we will expand our UK retail and digital portfolio and be able to deliver even more compelling game content for the global digital Real Money Gaming business.” Cottle commented on Red7Mobile.Commenting on the sale and new ownership of Red7Mobile games and content Matt Hatch company founder and CEO stated “We are excited to be a part of Scientific Games, combining Red7’s creativity, innovation, and award-winning games to deliver transformational player experiences to Scientific Games’ real-money gaming partners around the globe.”
Manchester City manager, Pep Guardiola has admitted that Leroy Sane’s future is up in the air although he wishes the player will remain at the club.While the Premier League champions remain determined to keep the winger this summer, reports suggest that that Bayern Munich have held ‘positive’ discussions with Sane’s representatives over a potential move to the Allianz Arena.Speaking after Sane scored twice in City’s 6-1 friendly win over Hong Kong side Kitchee, Pep Guardiola said the player can become even better if he stays in England.“He did a good game, especially in the second half. He is a guy who we appreciate, I like him a lot. I think he can be better. Two times, three times I said: we want him to stay. That’s why he has an offer to extend his contract. It’s not in our hands. The agreement is good and if he wants to leave, I’ll be sad. Hopefully, he stays.”Sane has been strongly linked with a move away from the Etihad Stadium this summer with the German Champions touted as his most likely destination.He had a mixed 2018/2019 campaign with Man City winning the domestic treble with the side but after a good start to the season, he lost his starting place in the side.He also saw himself hauled off a number of times after sub-par first-half performances by manager Pep Guardiola, leading to suggestions that the player might leave due to frustration.Man City are, however, desperate to get the 23-year-old to sign a new contract and although Bayern president Uli Hoeness has expressed interest in the player, he admitted that it would cost “an insane amount” of money to sign him in the summer.City remain confident that Sane will sign a new deal with the club as he has not expressed any desire to leave.However, it appears that Bayern Munich’s German players can’t wait to have the Manchester City winger join their ranks ahead of next season.Bayern Munich striker Robert Lewandowski says the club’s German players remain optimistic that Sane will join them and are eagerly awaiting his arrival, particularly following the departures of wingers, Arjen Robben and Franck Ribery.“Bayern’s German players are now very much looking forward to Sane’s signing, but we have to wait and see what is going on,” Lewandowski told Goal. “They [Robben and Ribery] are legends, of course their departure is sad.“But Bayern will also sign more and better replacements. I believe that the winger Bayern will sign in the future will be as good as Robben and Ribery. In order to have a good performance next season and to overcome Dortmund, I hope that Bayern can do something in the transfer market this summer.”Sane joined City from Schalke in 2016 for £37m and has won two Premier League titles, two League Cups and the FA Cup.
Kotoko coach David Duncan has laid another salvo of words sure to ignite debate countrywide“If you are playing for Kotoko then you have to consider yourself to be amongst the best,” he said on Wednesday in Kumasi.The occasion was the pre-match press conference for the club’s crucial Caf Confed Cup second leg game with El Eulma this weekend. The coach has brought some verve into the team’s dressing room since replacing Mas-ud Dramani.And he’s wasted no time in grabbing headlines with his proclamations.”Kotoko, if not the best in Africa, then certainly is the best in Ghana and therefore if you are a player of this club, you should have the mindset of being the best.”For the time being, Duncan’s money is where his mouth is, for he is yet to lose. He also hinted at the presser of a very attacking setup when the Algerians come to town. “A player for Kotoko should think of himself as being the standard for many players to measure themselves with and therefore they should start thinking and exhibiting such traits.”Kotoko were 14th when the former Hearts coach took over; they are currently fifth on the log in the league.–Follow Gary on Twitter: @garyalsmith