GE's accounting practices under investigation

·

·

GE's accounting practices under investigation

General Electric (GE) is under investigation by the US Securities and Exchange Commission (SEC) over its accounting practices. The company said the securities watchdog is looking at the way it valued long term maintenance deals for power plants, jet engines and other industrial equipment.
See Original Article

Wanda Puts Two US Real Estate Projects Up for Sale

Chinese billionaire Wang Jianlin's Dalian Wanda Group Co. has put its last two overseas property developments up for sale, according to people familiar with the matter, in the latest unwinding of a decade-long overseas buying spree that put it in the cross-hairs of Chinese regulators.
See Original Article

Nexia sees 13% rise in global revenue

Nexia International, an international network of accounting and consulting firms, reported total fee income of $3.62 billion for 2017, a 13 percent increase over the results across its network for 2016. “This impressive increase in fee income is great news and clearly shows that the network continues to go
See Original Article

Mississippi State adds big data to accounting curriculum

“The main objective of these changes is to ensure that the next generation of accounting professionals from Mississippi State University have the advanced technology skill set necessary to be successful in a highly complex and data-centric environment,” stated Adkerson School of Accountancy director
See Original Article

SEC Freezes Crypto Assets of $600 Million Initial Coin Offering

The U.S. Securities and Exchange Commission obtained a court order freezing the assets of a Texas-based initial coin offering that claimed to have raised more than $600 million. The order filed in federal court in Dallas halts AriseBank from raising any additional cash from investors, according to a
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.