Facebook Twitter ReddIt Colin Posthttps://www.tcu360.com/author/colin-post/ Previous article2020 NCAA Basketball Preview SpecialNext article2020 Thanksgiving Special Colin Post RELATED ARTICLESMORE FROM AUTHOR TCU head coach Jamie Dixon began his fifth year in charge of the Frogs with a win over HBU. (Heesoo Yang/Staff Photographer) Twitter printAfter COVID-19 ripped away their postseason hopes in March, TCU basketball returned to action on Wednesday night with little sign of rust. The Frogs handled Houston Baptist University (HBU) from start to finish, defeating the Huskies 69-45 in their season opener at Schollmaier Arena.Five players seeing their first minutes in the purple and white accounted for 43 of TCU’s 69 points on the evening.“Four guys have played before, so when you say new, it’s pretty much the whole group,” head coach Jamie Dixon said. “We adjusted. I thought some guys did some really good things.”Leading the way was true freshman Mike Miles, who showed signs of what could be quite a bright future in Fort Worth, dropping 13 points in his first-ever college action. He added game-highs of five assists and three steals to go along with his scoring total.Listed as a four-star recruit by Rivals, Miles started in place of junior RJ Nembhard, who sat the game out for an undisclosed reason and was listed day-to-day by Dixon.Showing no signs of a freshman learning curve, Miles got TCU going in the contest basically by himself. The Frogs started the game on a 15-0 run, with eight of those points coming from their point guard.“Given what I know and what’s going on, I’m pretty happy with what we did, especially early defensively,” Dixon said. “I thought we did some good things offensively, but our defense in the first half, our taking away the three, our aggression in following the ball, and our contesting of shots were really good to see in the first half.”HBU did not score until the eighth minute of the game, missing their first 12 shots.Right behind Miles was USC transfer Chuck O’Bannon. The former McDonald’s All-American stuffed the stat sheet, putting up 11 points, 9 rebounds, 2 steals and a block.“Coach Dixon, he emphasizes rebounding a lot, and so coming into the game, I knew that I had to rebound and play defense,” O’Bannon said. “That’s the only way you can stay on the floor with him.”TCU led by 22 at halftime. Though the closest the game gotafter that was 18, the Frogs only outscored the Huskies 31-29 in the second half.“I thought we had some slippage in the second half,” Dixon said. “We have something we’re going to have to battle through in sustaining things with a large lead.”Center Kevin Samuel was a force all night in the paint. Though he scored just six points, he grabbed ten boards and blocked three shots.“I thought Kevin Samuel was tremendous,” Dixon said. “We’ve got to get him the ball more. Our offense wasn’t clicking like we wanted it to, but he was active, he was unselfish, and he was a great leader today.”Kevin Easley, Taryn Todd and Mickey Pearson also combined for 19 points to round out the newcomers scoring.This weekend, TCU will head to Kansas City to play in the Hall of Fame Classic. Their first scheduled matchup is on Saturday, Nov. 28 against Tulsa. Colin Post Another series win lands TCU Baseball in the top 5, earns Sikes conference award ReddIt Despite series loss, TCU proved they belong against No. 8 Texas Tech Colin Post is a Sports Broadcasting and Journalism double-major from Houston, Texas. Along with sports writing, Colin hopes to work in sports announcing after he graduates. Colin Posthttps://www.tcu360.com/author/colin-post/ TCU rowing program strengthens after facing COVID-19 setbacks Linkedin Facebook Another series win lands TCU Baseball in the top 5, earns Sikes conference award Colin Posthttps://www.tcu360.com/author/colin-post/ Linkedin Taylor’s monster slam highlights big weekend for TCU Athletics First TCU spring game since 2018 gets fans primed for a highly-anticipated fall + posts Colin Posthttps://www.tcu360.com/author/colin-post/ TCU baseball finds their biggest fan just by saying hello
Community News Pets of the Week at the Pasadena Humane Society Published on Tuesday, July 16, 2019 | 10:59 am Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business News Community News First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy 5 recommendedShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * HerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty12 Signs You Want To Stay With Your Girlfriend ForeverHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeauty “It’s been summer for WEEKS now, why aren’t you wearing a fashionable summer bandana? Hi, I’m Bruce (A473446), and as you can clearly see, I have amazing fashion sense! It’s not only a great time to show off one’s summer apparel, but it’s also the perfect time for all my favorite warm weather activities. Whether I’m chasing after tennis balls in the sun, having my ears scratched by the pool, or drinking water from the hose, I’ll always look great, no matter what activity I choose. And if you’ve been wanting some tips to up your bandana game, take me home with you and I’ll teach you everything I know! Maybe we can even get matching ones!”The adoption fee for dogs is $140. All dogs are spayed or neutered, microchipped, and vaccinated before going to their new home.New adopters will receive a complimentary health-and-wellness exam from VCA Animal Hospitals, as well as a goody bag filled with information about how to care for your pet.View photos of adoptable pets at pasadenahumane.org. Adoption hours are 11 a.m. to 4 p.m. Sunday; 9 a.m. to 5 p.m. Tuesday through Friday; and 9 a.m. to 4 p.m. Saturday.Pets may not be available for adoption and cannot be held for potential adopters by phone calls or email. Top of the News “Hi, I’m Amanda (A474168)! Hey, are you listening? Or did you get lost in my eyes? It’s OK, that’s been happening a lot lately! I’m definitely a head turner, and on more than one occasion I’ve noticed volunteers stopping mid-walk and coming over to the glass to see me, as if hypnotized by my eyes. That volunteer with the camera was just here the other day, waving her fingers at me while I stared at her. I’m magnetic! And why wouldn’t you want a cat that everyone loves? People will be coming by from far and wide to get a glimpse of me! You’ll make so many new friends! But even if that’s not true, and we live a quiet life without people lined up at the door to see me, I’LL be your friend. And I think that’s pretty great!”The adoption fee for cats is $90. All cats are spayed or neutered, microchipped, and vaccinated before being adopted.New adopters will receive a complimentary health-and-wellness exam from VCA Animal Hospitals, as well as a goody bag filled with information about how to care for your pet.View photos of adoptable pets at pasadenahumane.org. Adoption hours are 11 a.m. to 4 p.m. Sunday; 9 a.m. to 5 p.m. Tuesday through Friday; and 9 a.m. to 4 p.m. Saturday.Pets may not be available for adoption and cannot be held for potential adopters by phone calls or email.***Magic appeared this morning (7/16) and transformed some of our cats and kittens into your favorite Harry Pawter characters. Look for the special kennel cards to identify who is part of this mystical transformation. While under the spell these cats adoptions are free. Don’t wait, for the spell will disapparate on Sunday, July 28. All other cats and kittens are available for a reduced adoption fee of $25 during this promotion. Here are the Pets of the Week available for adoption at the Pasadena Humane Society this week: Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Name (required) Mail (required) (not be published) Website Make a comment More Cool Stuff Community News Subscribe
Investor frustration with International Financial Reporting Standards (IFRS) and the UK accounting establishment has reignited with demands from three major institutional investors for the International Accounting Standards Board (IASB) to reintroduce an explicit reference to the notion of prudence into its conceptual framework.The move follows the release of a barrister’s opinion earlier this year by the Local Authority Pension Fund Forum and other major institutional investors in which George Bompas QC argued that there were substantial legal flaws with IFRS.In a letter obtained by IPE and addressed to senior officials at the UK Financial Reporting Council (FRC), investors also point to the true and fair view override, as well as the concept of capital maintenance, as further areas of major concern for investors.The three signatories to the 25 November letter – the Association of British Insurers, the Investment Management Association and the National Association of Pension Funds – collectively manage some £7.2trn (€8.7trn) of assets. Addressing the topic of prudence, the ABI, IMA and NAPF write: “As applied in accounting, we consider prudence to be a fundamental qualitative notion for guiding issuers (and auditors) when exercising (or assessing) aspects of accounting that require judgement, or where adherence to [IFRS] might otherwise result in outcomes that are misleading.”The letter continues: “We believe it materially correct to err on the side of caution – i.e. be prudent – in the face of uncertainty at an individual item level and view prudence as a predisposition.”The IASB removed references to prudence, or caution, from its conceptual framework in 2010. It substituted instead the concept of neutrality.The move was intended to bring the IASB’s conceptual framework closer to the US GAAP framework, which makes no reference to prudence.In a recent speech to the Federation of European Accountants, IASB chairman Hans Hoogervorst defended the board’s decision to drop prudence from the IFRS conceptual framework, arguing that IFRS already adopt a prudent approach.In an echo of the controversy sparked by the Bompas Opinion, the investors also called for the FRC to review the status of its 2011 guidance on the requirement for accounts to present a true and fair view of a business’s financial position.The letter reads: “The true and fair override in the preparation of financial statements should not be considered a circumvention of IFRS but a legitimate statutory requirement in ensuring a true and fair view is reached.“The existence of conflicting QC opinions brings urgency to this issue and, therefore, we believe it important for the FRC to review and reissue 2011 guidance document.”Under UK law, Section 393 of the Companies Act 2006 requires company directors to approve only those accounts that present a true and fair view of a business’s assets, liabilities, financial position and profit or loss. Section 495(3) of the Act imposes an equivalent obligation on auditors.The FRC published a guidance document dealing with the notion of a true and fair view in June 2011.The document confirms “the true and fair requirement remains of fundamental importance in both UK GAAP and IFRS”.But in the LAPFF Opinion, George Bompas QC said it was questionable whether statutory accounts prepared in accordance with IFRS “will always give a true and fair view.”The Universities Superannuation Scheme, Threadneedle Asset Management and the UK Shareholders Association joined LAPFF in seeking the QC’s advice on the legality of the IFRS framework within the UK.The FRC hit back on 3 October with its own legal advice: “On the specific issue of its legality, the Department for Business has today confirmed that the concerns expressed by some are misconceived.”The UK regulator agreed, however, that there was scope for improvement in financial reporting and urged the IASB to acknowledge both stewardship reporting and prudence explicitly in the IFRS framework.Finally, in relation to capital maintenance, the investors suggest the FRC conduct research into possible disclosure requirements focused on both the determination of and justification for distributions by companies.The FRC told IPE: “We agree on the importance of prudence and have often urged the IASB to include a reference to it in their Conceptual Framework.”The statement added that the FRC would repeat those calls in its forthcoming response to the IASB’s conceptual framework discussion paper.The FRC statement continues: “We are undertaking a review of our paper on the ‘true and fair’ view. We also have work in hand on reviewing disclosures about a company’s capacity to pay dividends.”Well-placed sources close to the decision to send the letter reflects growing frustration among the UK institutional investor community with the IASB and the FRC.IPE has learned that the task of challenging the accounting establishment has until now proved to be a major obstacle to any lone investor group with concerns about IFRS.The source added that, despite a difference of opinion on detail between the ABI, IMA and NAPF, the investor and practitioner voice has this time been so strong that “some of the technocrats in the FRC” have had to step back and take notice.
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