Buffett warned that from now on Berkshire's bottom-line profit figures will show “truly wild and capricious swings” because of a change in accounting rules. Don't be … “I expect considerable confusion among shareholders for whom accounting is a foreign language,” Buffett wrote in his letter. In addition
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The passports of diamantaire Nirav Modi, and owner of Gitanjali Gems Ltd., Mehul Choksi, the main accused in the Rs 11,400 crore PNB scam, have been revoked, external affairs ministry sources said today. On the advice of the Enforcement Directorate, the ministry had suspended the validity of their
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(Bloomberg) — Warren Buffett and his business partner Charles Munger are still on the hunt for a large deal after a quiet 2017. âBerkshire's goal is to substantially increase the earnings of its non-insurance group. For that to happen, we will need to make one or more huge acquisitions,â Buffett, the
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The Korea Accounting Institute claims the new regulation will be ready in March and will label Bitcoin and altcoins as âliquid assetsâ. The way things stand today, cryptocurrencies are a non-current asset. A more âlegitimateâ regulatory approach will be beneficial to Bitcoin and altcoins moving forward.
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The Volunteer Income Tax Assistance program is offering free tax preparation help to all students and community members with annual incomes of under $54,000. The program is sponsored by Beta Alpha Psi, a College of Business Honors accounting organization. The VITA program has volunteers that
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