Hastings Deering earnings 2017: Accounts indicate $100m drop in revenue in tail of mining slump

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Hastings Deering earnings 2017: Accounts indicate $100m drop in revenue in tail of mining slump

Yet that result is muddied by accounting gains of distribution rights and impairment hits, along with many related-party deals including loans and management fees. It listed receiving a tax benefit of $5.3 million in the year, but Hastings' taxes are consolidated as part of another parent group called Sime
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Growth of Bitcoin, Blockchain Development in India: 2017 in Review

In spite of government's efforts to curb the growth of cryptocurrencies and Blockchain in India, the people of India and the Indian market for cryptocurrencies appear to love them all the more.
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Public Accounts Committee launches inquiry into outsourced spending

The joint public accounts and audit committee launched an inquiry into government procurement this month, after the Australian National Audit Office found $47.4 billion was spent on government contracts last year, with a large jump in fees handed to consultants. The move came as Finance Minister
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Voices Pathways to Growth: Time to become a consultant?

As traditionally practiced, accounting restricts the scope of services, while consulting opens up limitless possibilities to contribute to client success. How do you go from here to there? The first step is to understand what distinguishes an accountant from a consultant. Benchmark your approach against
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Stealing Christmas, Human Depravity and Space Iron

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net. To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net. Before it's here, it's on
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