“With revenue recognition projects winding down companies are now turning their full attention to the lease accounting standards,” said Michael Keeler, CEO of LeaseAccelerator. “And project teams are discovering that it is not the accounting that presents the greatest challenge with compliance, but
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The CPA Journal is a publication of the New York State Society of CPAs, and is internationally recognized as an outstanding, technical-refereed publication for accounting practitioners, educators, and other financial professionals all over the globe. Edited by CPAs for CPAs, it aims to provide accounting
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United Parcel Service Inc. is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for the damage it says it suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV. UPS is asking the EU's General Court to award it compensation plus
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Deloitte SA has been the long-time auditors of the Stellenbosch-headquartered company, whose share price has plunged by over 85% since accounting irregularities in its books were flagged by Deloitte in early December 2017, causing its then CEO Markus Jooste to step down. But the IRBA said in a
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s GE -0.07% board include former technology and aviation chief executives and the former chairman of the organization responsible for setting accounting standards. GE said Monday the new candidates for its board are H. Lawrence Culp, former CEO and president of Danaher Corp., Thomas Horton,
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