Prosecutors asked a South Korean court to extend the prison term for Samsung Electronics heir-apparent Jay Y. Lee to 12 years, in an appeal of his five-year sentence for allegedly bribing his way to greater control of the country's biggest company. Lee, 49, is the highest-profile business figure to be
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There are two problems with all the paper that used to be involved with tax preparation: knowing where any given piece of it may be at any given point in the process, and knowing where to store it all when the process is over. These are two of the chief reasons firms turn to tax workflow software.
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. This is one of the reasons that hyperinflationary spirals get so vicious: Merchants start raising prices faster than the money supply is growing, in order to compensate for the carrying risk. Which in
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As my Bloomberg View colleague Matt Levine wrote last spring when people first started discussing the prospect of banks taking big earnings hits from the tax bill: Next time someone complains that companies that report non-GAAP earnings are using “fantasy numbers,” let's all remember that GAAP
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AccuFund, which provides financial software to nonprofit organizations, has updated the user interface of its AccuFund Accounting Suite. Version 6.01 of the software features what the company calls a simpler, standardized design. Fonts are larger to make text easier to read, icons in the toolbar have
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