Biotech, pharmaceutical, medical device and related businesses are dealing with recent accounting standards, plus a new tax law, amid a changing landscape for their industry. A recent Deloitte report provided an update for the life sciences sector on accounting and financial reporting issues, including
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Marketplace disruption is reshaping health care in the U.S., with headline-grabbing mergers and the formation of new companies. These moves are breaking down traditional silos in health care. And further change can be expected, as calls grow louder for better health-care value for the dollar.
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From 22 to 40, I worked for KPMG (a big four public accounting firm), making partner in the Short Hills Community Banking Practice in 2003. In 2005, I joined Northfield Bank as chief financial officer. I was promoted to chief operating officer in 2011, promoted to president in 2013, and promoted to CEO
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(Remember Pets.com?) So fewer public companies isn't necessarily bad. (Bloomberg LP, for the record, is private.) Measured another way, moreover, the public company is far from dead: Though they've decreased in number, such firms have grown in size. Their total market value, as a percent of gross
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While Guyana should honor the existing deal, future contracts should ensure the state gets a higher portion of crude proceeds, the fund said in a report seen by Bloomberg News. The country, South America's third poorest with an average per capita income of around $4,000, has little experience of
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