Companies like Amazon create value for investors through their people, their invented systems and processes, and their physical presence.
Traditional accounting calculates a company's value by measuring physical assets and how much they owe. But we can tweak this for today's economy by including people and their ability to innovate.
Congress missed a chance to make it easier for workers who book gigs through big digital companies to do their taxes.
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Companies like Uber and Etsy don't have to tell most of the people working with them how much they've earned. With the federal government so behind the curve, some states are changing their rules.
Firms run with the long term in mind can aim to provide social, environmental, and financial returns.
More CEOs and investors are looking to long term value over short term profits – an approach that may net them both.
Steinhoff’s former CEO, Markus Jooste, is partly blamed for the corporate scandal that threatens to collapse the company.
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Gaps in the two tier board structure which is favoured in Europe may be partly responsible for the Steinhoff corporate scandal.
A suit of highly paid professional services seem to have failed investors in the unfolding Steinhoff corporate scandal.
KPMG South Africa executives have set a new benchmark for the country assuming responsibility for wrongdoing in their organisation.
Amazon is a low-margin retailer sitting on other higher-margin businesses.
Australian retailers aren't efficient enough to compete with Amazon on price, and that's before we factor in Amazon's other businesses.
CEO of CPA Australia, Alex Malley, has come under fire for the amount he’s paid in light of public scrutiny.
The amplified public concerns about executive pay that led to the cementing of reporting and disclosure into law, may start trend of voluntary disclosure among professional bodies.
All accounted for in Babylon. Belshazzar’s Feast by Rembrandt.
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The number crunchers who helped create our capitalist world have been measuring the world since ancient times.
Shared accounting standards across Europe may now be in doubt.
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Brexit means previously shared accounting standards are also up in the air.
In the spotlight: Kids Company CEO Camila Batmanghelidjh.
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Reports of Kids Company's good deeds were heeded over its financial viability – with disastrous results for the charity in the long run.
Why are some pages of a book of numbers tables more dog-eared than others?
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The first digits of numbers in a data set aren't distributed equally. And now you know more than a lot of fraudsters do – and should – when they're making up their phony numbers.
Could zero-based budgeting make this thing slimmer?
The budgeting method seems to be back in vogue 39 years after Jimmy Carter introduced it to the federal government. So what is it and can it change our free-spending ways?
US tax law in three pages? Good luck!
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The Republican presidential candidate wants to whittle the tax code down to three pages – from 74,000 in laws and interpretations. Is it possible?
A little transparency goes a long way.
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A plan to disclose the names of corporate auditors has its flaws, but it comes with a rule that will help investors determine how well a company is being audited.
Longer-term objectives of prison, such as their cost as a deterrent or the cost of failures to rehabilitate, are much harder to put a price on.
Prisons cost data should facilitate comparisons of relative performance, value for money and efficiency. But limitations on the quality of the data mean that, more often than not, they don’t.
If Scotland gets control over its tax arrangements, transfer pricing within the UK will be a big problem - the amber nectar is a classic case in point.
Going round in circles.
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Tesco switched its auditors from PwC to Deloitte – will it do anything to prevent future accounting scandals?
The future of company reporting is largely being shaped by the big four accounting firms.
Accountants around the world are currently considering how the organisations they work for can meet the UN’s Sustainable Development Goals. As experts in measurement and data controls, analysis, reporting…
PwC headquarters in Luxembourg.
All over the world, tax revenues are under relentless attack. With help from accountants, lawyers and financial advisers, corporations are avoiding taxes through complex corporate structures, profit shifting…