PPG -3% as internal report of accounting violations sparks probe

·

·

PPG -3% as internal report of accounting violations sparks probe

PPG Industries (PPG -3%) plunges after mixed Q1 results are overshadowed by disclosure of an accounting problem that it is now investigating. PPG says as it was finalizing its earnings report, it was notified through its internal reporting system of potential violations of accounting policies and
See Original Article

PPG Investigating Internal Report of Accounting Violations

Paint maker PPG PPG -2.90% Industries Inc. said Thursday it has launched an investigation after receiving a report alleging violations of its accounting policies. PPG said it recently received a complaint through its internal reporting system regarding how the company recorded certain expenses in its first
See Original Article

AICPA wants IRS to change guidance on corporate tax overpayments

The American Institute of CPAs is asking the Internal Revenue Service to amend the information it is providing to taxpayers in its Frequently Asked Questions pages about overpayments of taxes by multinational corporations on their 2017 tax returns under the new tax law. Even though that section of the
See Original Article

Free Trips, Tech Booms and Good Oysters

Bitcoin is really worth somewhere between $20 and $800,000, according to economic theory and a night of drinking (Bloomberg); From Hawaii to Italy, free trips fuel retirement savings sales push (Politico); 7 Secrets of Warren Buffett's Success (Safal Niveshak); Americans who complain about rising gas
See Original Article

Protect Mueller's Investigation

It's well past time for Speaker of the House Paul Ryan and Senate Majority Leader Mitch McConnell to stand up and protect special counsel Robert Mueller's investigation into Russian sabotage of the 2016 presidential election. McConnell this week said that even if a bipartisan bill to protect Mueller
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.