In May 2014, FASB and the IASB released a final, converged standard on revenue recognition [see Accounting Standards Update (ASU) 2014-09 and IFRS 15]. The new standard introduces sweeping changes to the accounting landscape and imposes new challenges on financial statement preparers
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In August, the bitcoin world split in two when bitcoin cash broke away from bitcoin. It was the culmination of years of growing tension about how to improve the world's most popular cryptocurrency. The divide has set up a battle over which is the “ true” bitcoin, pitting rivals whose combined market value
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He says he decided to go solo while serving articles at a global accounting firm, realising that his space for personal development would be limited. This made him go for the unconventional way of looking for clients on online classifieds website Gumtree. He says his breakthrough came when he got a
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The anti-establishment party Podemos is poised to become a key part of the puzzle when Catalan politicians come to piece together a new government after this month's regional election. Polls suggest it's a toss-up whether the three Catalan separatists parties retain their majority after the vote on Dec.
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“The RBI has over-delivered on its inflation mandate,” said Abhishek Gupta, Mumbai-based India analyst with Bloomberg Economics. “Structural reforms are lifting potential GDP growth, but a tight monetary policy stance by the RBI is restraining consumption and investment demand.” The central bank in
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