Southampton managing director Toby Steele helps explain the club's latest accounts

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Southampton managing director Toby Steele helps explain the club's latest accounts

There is an old saying in business that 'turnover is vanity, profit is sanity, cash is reality,' and that's why a pleasing set of accounts for Saints still need to be taken in context. While there is no arguing that a headline grabbing pre-tax profit of £43.7m (£34.1m post-tax) for the year up until June 30, 2017,
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Wasps Group says accounts will be filed by end of March

The news came in December as the group released its accounts for the year ending June 30 2017, which showed one measure of profit fell to £800,000 from £3.8million, another showed an increased operating profit at £2.4m compared to £2.2m, while one measure of operating loss decreased markedly
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'Corporate Whistleblower' Cynthia Cooper to speak at EKU

Cooper will deliver the inaugural address in the Claude K. Smith Endowed Lecture Series on Accounting at 7 p.m. on Wednesday, March 28, in O'Donnell Hall of the Whitlock Building. The following day, she will speak to students at 9 a.m. in Rogow Auditorium in EKU's Business and Technology Center.
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Accounting News Roundup: Congress Kicks the Online Sales Tax Can| 03.23.18

Congress Has Had 26 Years to Address Online Sales Taxes. It Is About To Fail One More Time [TPC] When the Supreme Court first ruled in Quill v. North Dakota, “it practically begged Congress” to write new rules for taxation of remote sales, Howard Gleckman writes. Now that Congress has squandered
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How To Face The Accounting Singularity

Accountants everywhere know better than most that they need to be keeping a close eye on emerging technologies like artificial intelligence, especially since these disruptive innovations stand to seriously threaten their employment opportunities in the future. The foreboding idea that an accounting
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