The Royal Bank of Scotland (RBS) has made its first acquisition since the financial crisis, according to The Financial Times on Tuesday (March 27). The publication said RBS acquired FreeAgent for more than $75 million. The company provides accounting software for micro-businesses and their
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The Zimbabwe Power Co. will draw down $199 million from a China Export-Import Bank loan in April to begin building additional units at the Hwange Thermal Power Station, acting Managing Director Joshua Chirikutsi said. Upon completion, the $1.5 billion units 7 & 8 will add 600 megawatts to the
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For public accounting firms, there is a clear independence line between auditing the financial statements of a business and also handling the accounting. However, as the variety of consulting services offered by CPA firms and the associated fees grow, the waters of independence can become muddy.
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An accounting manager who allegedly embezzled more than $1.5 million from her employer, has pleaded guilty to wire fraud. Stantisha Kemp, 40, was a payroll and accounting manager at an unidentified Atlanta-based company that developed medical technology from 2007 to 2013, according to the
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Today Belarus officially joined the race to become an international center for blockchain innovation, when its crypto tax and accountancy laws were enacted. Under the presidential decree all crypto-related business and trading will be legalized, a framework for accounting standards defined and a tax
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