Good financial reporting isn't just a “nice to have” for the corporate CFOs you advise. It's one of the most important functions in the entire accounting process — if not the most important. Think about it: Unless your client's system can produce accurate, timely and useful reports, they'll have no way of
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Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc., making him the second-highest ranking executive at the ride-hailing company. Harford, who sits on the board of airline company United Continental Holdings
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Wednesday's ruling was considered pivotal for the accounting industry, which has warned that the top court's decision could expose audit firms to many more lawsuits whenever fraud occurs at the company, potentially forcing auditors to resign at the first sign of any trouble at a company rather than risk
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The pension debt is much higher when measured under national accounting standards. These higher liabilities demand higher contributions from employers. “The change in discount rate does not ultimately change the cost of the system. It's just how is the cost allocated to each year in the future,” said
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Wall Street traders who rake in hundreds of thousands of dollars a year or more eagerly awaited a Republican overhaul of the U.S. tax code. Now, many are huddling with accountants and concluding the real gains will go to billionaires and other captains of the industry. Those in trenches — the merely
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