New accounting standard will make loans, insurance more expensive

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New accounting standard will make loans, insurance more expensive

Kampala, Uganda | ISSAC KHISA | Uganda's banking and insurance industries are envisaging good times ahead as they embrace the new global accounting standards effective this year. The bad news is that borrowers and insurance buyers are going to find it more stressful to acquire long terms loans
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Steinhoff's Wiese Takes Billions in Losses After Cutting Stake

Steinhoff will have to restate its earnings for at least fiscal 2017, 2016 and 2015 and has hired PwC to investigate the accounting irregularities in more detail. The stock rose 1.2 percent as of 9:34 a.m. on Monday in Frankfurt, where it moved its primary listing from Johannesburg in 2015. In an emailed
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Bill focuses on state vehicle fleet

Accounting for state vehicles would begin to fall under the state OASIS record-keeping system. Expiring state vehicle license plates also would change from a green and white design to blue and gold. During the 2017 legislative session with discussion of a similar bill, the state Auditor's Office estimated
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Trump's big infrastructure plan has a lot of detail on everything but how to pay for it

WASHINGTON– President Donald Trump is poised to unveil a long-awaited plan Monday that aims to stimulate $1.5 trillion in new spending on the country's ailing infrastructure over the coming decade, but many lawmakers in both parties say the president …
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Ford Will Pump Out More Profitable Big SUVs to Fund Its Future

Employees work on a Ford Expedition on the Kentucky plant assembly line in Louisville. Photographer: Luke Sharrett/Bloomberg. Ford Motor Co. is spending $25 million more at its Kentucky factory to pump out more of the profitable big sport utility vehicles that are critical to funding its ambitious — and
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