Ex-bookkeeper bilked acclaimed West Loop restaurants of more than $600K: feds

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Ex-bookkeeper bilked acclaimed West Loop restaurants of more than $600K: feds

The ex-bookkeeper for two of the city's most critically acclaimed restaurants was arrested Wednesday and charged with funneling more than $600,000 from the eateries into her personal accounts. Renee M. Johnson, 60, faces one federal count of mail fraud, according to the U.S. attorney's office.
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Why Singapore's Central Bank Has No Key Rate

A 2015 Bloomberg survey estimated the band's width to be 4 percentage points compared with the Hong Kong dollar's range of 1.3 percentage points. It's generally widened to allow for more volatility or movement in the exchange rate. The center of the band has seen six changes since the start of 2001.
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UK Accounting Firms Using The Cloud Outpacing Traditional Practices

The demand for tech-savvy online accountants has also resulted in increased revenue per employee for cloud-based firms, as well as higher compensation packages for employees within firms that are adept at using technology to serve their clients. Practices with 6-35 online clients achieve an average
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New accounting rules spell doom for insurance brokers

The change is being brought by a set of new radical accounting rules dubbed (International Financial Reporting Standards) 'IFRS 17'. The new rules dictate that financial firms report their financial statements, to the capital requirements and transparency demands within their corporate governance
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US Tariff List Aims at Technology China Wants to Dominate

The U.S. proposed imposing tariffs on a range of Chinese-made products worth about $50 billion, focusing on high-tech items from semiconductors to lithium batteries while seeking to minimize the impact on American consumers. “This level is appropriate both in light of the estimated harm to the U.S.
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