This guide is designed to explain the main changes that are needed to the audit report when an auditor considers it necessary to issue a modified opinion on the financial statements due to a limitation on the scope of the audit.
Going concern – basis other than going concern
This guide is designed to explain the main changes that are needed to the audit report of a company where the financial statements are prepared on a basis other than going concern.
HTC narrows losses in Q2 after launch of 5G hub, VR services
(Telecompaper) HTC reported revenues of TWD 2.8 billion for the second quarter, less than half the TWD 6.8 billion recorded a year earlier. However, the company said its gross margin continued to improve, reaching 20.3 percent compared to 14.7 percent in Q1, and the operating loss reduced to TWD 2.5 billion from TWD 2.7 billion in the previous quarter.
Telekom, Telefonica, Vodafone launch Mobile Connect password-free secure login
(Telecompaper) German operators Deutsche Telekom, Telefonica Deutschland and Vodafone Deutschland launched Mobile Connect, a mobile-phone-based login procedure for online portals that enables simple and protected login to internet services on PCs, tablets and mobile phones. All customers need to register is their smartphones and their mobile phone numbers. Their personal mobile number becomes a unique digital identity for internet purchases or registration on online portals. In the future, Mobile Connect could also enable digital visits to government agencies.
Japan Display losses grow to JPY 83 bln in Q1 after asset writedowns
(Telecompaper) Japan Display recorded a net loss of JPY 83.3 billion for its fiscal first quarter to June, widening from a loss of JPY 1.8 billion due to a charge to write-down scrapped production facilities. Revenues fell 12.5 percent to JPY 90.4 billion as the company suffered from reduced smartphone demand and the US-China trade tensions.
Helios Towers mulls listing at possible USD 3 bln valuation – report
(Telecompaper) Helios Towers is reviving plans for an initial public offering, Bloomberg reported, citing people familiar with the matter. Its advisers are resuming preparations for an IPO that could value Helios at about USD 3 billion and it is considering filing for the share sale as soon as this year, they said. The tower owner is weighing London and Johannesburg as listing venues, though it has not made a final decision, one of the people said.
Honor launches smart TV running Harmony OS
(Telecompaper) Huawei has announced the first product running its new Harmony OS, a smart TV under its Honor brand. The Honor Vision TV is expected to act as an entertainment and information hub for households and includes access to video streaming services such as Tencent Video and MGTV and the HiLink smart home system.
UKCloud wins place on YPO framework for provision of cloud hosting and management of services
UKCloud is one of 10 approved suppliers of Cloud Hosting (Lot 5) able to provide multi-cloud hosting and management across public cloud, private cloud and hybrid cloud servicesLondon – 12th August 2019 – UKCloud, the multi-cloud experts dedicated to making transformation happen across UK public sector, has today announced that it has been successful in winning a position on the YPO Data Centres, Maintenance, Security and Cloud Hosting services Framework Agreement which has a maximum…
Source: RealWire
Top 10 IT trends of the last 20 years
Two decades ago some people still used dial-up modems, and now the world is at our fingertips. Read on to get a sense of how much has changed in the IT office since 2000.
KPN leads decline in Dutch TV subscribers in Q2 as Ziggo slows losses
(Telecompaper) KPN lost a net 21,000 subscribers in the three months to June, including 7,000 in IPTV and 14,000 at its digital terrestrial service Digitenne. While the DTT losses are in line with the steady decline in popularity of the service, this is the first quarterly loss in IPTV ever at KPN, according to Telecompaper.