GE said on Tuesday it was facing possible action by the US Securities and Exchange Commission over its 2018 admission that its legacy insurance liabilities would be $15bn more than expected. Shares in the industrial conglomerate fell as much as 4.3 per cent to $6.12 on Tuesday afternoon after GE […]
Accounting
GE hit with SEC ‘Wells notice’ over massive insurance losses
Boston-based GE first disclosed the government investigation into its accounting practices in 2018, after a multibillion-dollar underestimate of its insurance business created a shortfall in its reserves. At the time, then-Chief Financial Officer Jamie Miller said on a conference call with analysts, “There’s nothing here I‘m overly concerned about.” The […]
General Electric Says SEC Has Issued ‘Wells Notice’ Recommending Civil Action Over Shaky Accounting Practices
/https://specials-images.forbesimg.com/imageserve/5f7cf24834b55e4447ab71fe/0x0.jpg?cropX1=0&cropX2=4000&cropY1=199&cropY2=2450)
Topline General Electric said in a filing Tuesday it’s been notified by the Securities and Exchange Commission that the agency may take civil action against the struggling industrial conglomerate for possible violations of securities laws following a two-year investigation. General Electric �� 2014 Bloomberg Finance LP. Key Facts According to […]
Accounting error costs Georgia, tax collections stay strong
ATLANTA (AP) — Georgia is taking a one-time $240 million hit to its bank account because accounting software wasn’t sending the right share of sales taxes to local governments. Load Error The payments were made last month after an audit by the state Department of Revenue, sending state revenue into […]
Financial reporting isn’t getting any easier under COVID-19
Now that U.S. companies have experienced two fiscal quarters in the midst of the novel coronavirus pandemic, quarterly reporting for Q3 doesn’t seem to be getting any simpler, according to a new report from Deloitte. The report found that companies should still be vigilant about treating Q3 reporting the same […]
BSNL Tower Co begins separate accounting process since Oct 1
As Bharat Sanchar Nigam Ltd (BSNL) intends to focus on its core businesses, its non-telecom activities will be carried out by subsidiary BSNL Tower Corporation (BTCL), which began a separate accounting process from October 1. BTCL will undertake all projects where BSNL — the State-owned telecom operator — is mostly […]
IMA Announces the Introduction of a New Management Accounting Course in Partnership with SP Jain School of Global Management | Nachricht
SINGAPORE, Oct. 6, 2020 /PRNewswire/ — IMA® (Institute of Management Accountants) and SP Jain School of Global Management (SP Jain) have signed a Memorandum of Understanding (MoU) to offer U.S. CMA certification to students at SP Jain campuses in Dubai, Mumbai, Singapore, and Sydney. The partnership aims to help accounting and finance professionals […]
Freee KK rallies on demand for cloud-based accounting
TOKYO: Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to US$3.7bil despite having yet to show a profit, but he’s not letting that pressure him. Shares of Freee KK have quadrupled since going public on the Tokyo Stock Exchange in December, along with rising demand for cloud services […]
Banking Accounting Software market overview key trends
Banking Accounting Software market Ample Market Research gives excellent assurance of the report, integrated from various professional and trusted sources. Global Banking Accounting Software report 2020, offers significant knowledge about market players, segments, revenue, profit, restrain, share, size, etc. Banking Accounting Software Report analysis is done on the basis of […]
“Without natural capital accountability GDP growth is meaningless’
Stock photo of an offshore oil rig. By Emmanuel Elebeke An official in the Ministry of Finance has said any system that does not have natural capital accounting is failing even if GDP is growing. Also, an Acting Director for Economic Growth in the Ministry of Finance, Mr. Aso Vakporaye, […]
Japan Startup Surges 300% on Demand for Cloud-Based Accounting
(Bloomberg) — Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to $3.7 billion despite having yet to show a profit, but he’s not letting that pressure him. Shares of Freee K.K. have quadrupled since going public on the Tokyo Stock Exchange in December, along with rising demand for […]
Qatar- State Audit Bureau participates in GCC meeting of officials of audit, accounting offices
(MENAFN – The Peninsula) Doha: Deputy President of the State Audit Bureau H E Abdulaziz Mohamed Al Emadi participated in the 21st meeting of Their Excellencies officials of the audit and accounting offices in the countries of the Cooperation Council for the Arab States of the Gulf (GCC), which was […]
CVG Announces the Appointment of Christopher H. Bohnert as Chief Financial Officer and Chief Accounting Officer
NEW ALBANY, Ohio, Oct. 5, 2020 /PRNewswire/ — Commercial Vehicle Group, Inc. (“CVG” or the “Company”) (Nasdaq: CVGI), a diversified industrial company, today announced the appointment of Christopher H. Bohnert as Chief Financial Officer and Chief Accounting Officer as of Monday, October 19, 2020. Mr. Bohnert comes to CVG from […]
Artificial Intelligence For Accounting Market Economic Perspective and Forecast To 2026 | Microsoft, AWS, Xero, Intuit, Sage, OSP, UiPath, Kore.ai
The MarketWatch News Department was not involved in the creation of this content. Oct 03, 2020 (Market Insight Reports) — Global Artificial Intelligence For Accounting Market Size, Status And Forecast 2020-2026 The report begins with an overview of the Artificial Intelligence For Accounting Market and offers throughout development. It presents […]
Japanese Startup Surges 300% on Demand for Cloud-Based Accounting
(Bloomberg) — Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to $3.7 billion despite having yet to show a profit, but he’s not letting that pressure him. Load Error Shares of Freee K.K. have quadrupled since going public on the Tokyo Stock Exchange in December, along with rising […]
Project Management Accounting Software market set to touch
Project Management Accounting Software market A fresh market research study titled Project Management Accounting Software Market explores several significant facets related to Project Management Accounting Software Market covering industry environment, segmentation analysis, and competitive landscape. Realistic concepts of the market are mentioned in a simple and plain manner in this […]
Hospitality Accounting Software market swot analysis by key
Hospitality Accounting Software market The Hospitality Accounting Software Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2025). The assessment provides a 360 view and insights, outlining the key outcomes of the industry. These insights help the business […]
Accounting Software for Consultants market size in various
Accounting Software for Consultants marke Detailed research added by Ample Market Research offering a comprehensive analysis of the developments, growth outlook, driving factors, and key players of the Accounting Software for Consultants market in the latest research report. The research study concisely dissects the Accounting Software for Consultants and unearths […]
Financial Accounting Software Market Next Big Thing
Financial Accounting Software Market An extensive elaboration of the COVID-19 Outbreak-Global Financial Accounting Software market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze […]
Learn financial accounting from an actual CPA with these online classes
Products featured here are selected by our partners at StackCommerce.If you buy something through links on our site, Mashable may earn an affiliate commission. This CPA certification bundle includes eight courses on accounting and finance. Image: pexels By StackCommerceMashable Shopping2020-09-18 02:00:00 -0700 TL;DR: Take control of your finances with the […]