A very interesting report on the racial wealth gap just came out. A team of researchers led by economists William Darity Jr. and Darrick Hamilton set out to illustrate the scale of the problem, and to debunk certain myths surrounding the issue. Their results are sobering, but also offer important insight into
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The accounting watchdog is “looking closely” at the issues surrounding the collapse into administration of drinks wholesaler Conviviality. The news comes after it emerged that two profit warnings issued by the firm shortly before its collapse were as a result of accounting errors. The first of the warnings,
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The U.S. softened its position on sanctions against Russian metals giant United Co. Rusal, sparking a record plunge in aluminum prices. For the first time, the U.S. Treasury discussed a path for lifting the sanctions on Rusal, saying it would provide relief if Oleg Deripaska relinquished control. It also
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Lyle K. Benson, CPA/PFS is the president and founder of L.K. Benson & Co. in Baltimore, and immediate past chair of the AICPA's Personal Financial Planning Executive Committee. Voices A perfect time for financial planning · Lyle Benson. Founder and president L.K. Benson & Co. More CPAs should
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Randy Rupp, CEO of Top 100 Firm Rehmann, discusses how his firm is expanding its managed IT services practice, highlighted by its recent addition of the Trivalent Group. Michael Cohn. Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of
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