7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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China Evergrande’s auditor resigns over disagreement around 2021 audit-related matters


Embattled property developer China Evergrande on Monday said that its current auditor, PricewaterhouseCoopers (PwC), has resigned as the parties disagreed over the timeline and scope of work surrounding the firm’s status as a going concern and other audit-related matters for fiscal 2021.

Once China’s top-selling developer, Evergrande is now at the center of the country’s property crisis. Its $22.7-billion of offshore debt, including loans and private bonds, is deemed to be in default after it missed payments late last year.

In its resignation letter, PwC noted that it had not received information on certain material matters surrounding the group’s consolidated financial statements for the year 2021.

Evergrande, which has been scrambling to raise funds to repay its creditors, is in the midst of a debt restructuring process in which stakeholders are awaiting the completion of its audited financial rundown for 2021.

PwC also flagged that the group had not settled certain interest-bearing liabilities that were due on their contractual maturity dates in 2021, adding that PwC was not provided with relevant details on the investigation conducted by an independent committee.

Certain cash-flow projections for not less than 12 months from January 2022, including the net realizable value of properties under development and completed properties held for sale as at Dec. 31, 2021 have not been disclosed, PwC said.

Evergrande has resolved to appoint Prism Hong Kong and Shanghai Ltd as the new auditor, taking into account the recommendation of the company’s audit committee.

Last week Reuters reported, citing sources, that the developer will hold a meeting with dollar bondholders to discuss its debt restructuring proposals.

https://www.tausiinsider.com/china-evergrandes-auditor-resigns-over-disagreement-around-2021-audit-related-matters/?feed_id=324114&_unique_id=63ea72c69e15d

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