GE plans to restate earnings for past two years

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GE plans to restate earnings for past two years

General Electric is planning next month to announce significant restatements of its 2016 and 2017 earnings, including a 15 per cent reduction in its adjusted earnings for last year, as it adopts a new accounting standard for recognising revenue from long-term contracts. GE said in its annual 10-K filing,
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Special Investigation uncovers financial mismanagement inside second Townsville Aboriginal …

He also reported the corporation had incurred $44,497 in accounting fees for the 2016-17 financial year “despite not having an external accountant for six months”. By comparison accounting fees for the entire 2015-16 year were $25,490. The Corporation for Women is predominantly funded by
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4 Tips That'll Save Your Retirement

Worried about the future? Here's how to set the stage for the rewarding retirement you deserve. Maurie Backman. (TMFBookNerd).
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National Rifle Association leader tells conservatives: Soros and Bloomberg's 'billions' funding …

A leading figure in America's National Rifle Assocation has told a conservative conference that the “billions of people like George Soros [and] Michael Bloomberg” were funding a socialist takeover of the United States. In an address to CPAC delegates, Wayne LaPierre, the NRA executive vice-president,
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Iran Chides Police for Using Force Against Female Veil Protester

A woman wearing a chador passes a street mural in Tehran, Iran. Photographer: Ali Mohammadi/Bloomberg. Iran's Interior Ministry chided police for using force against a woman protesting the mandatory headscarf, a rare conciliatory gesture toward women challenging a primary tenet of the Islamic
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