Former president Donald Trump sits at the defence table with his legal team in a Manhattan court. He’s facing charges related to falsifying business records in a hush money investigation, the first U.S. president ever to be charged with a crime.
(AP Photo/Seth Wenig)
Accountants spurred Al Capone’s downfall and the Watergate scandal was revealed when reporters ‘followed the money.’ Will they also bring down Donald Trump?
Dog-walking income is taxable.
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An accounting expert points out that income Americans previously thought was invisible to the IRS will now be tallied up and reported by Venmo and similar apps.
The gun group might be less sturdy than it appears.
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We cannot leave reporting to the accounting profession and their assumptions about who and what is important. Recent proposals by the Canadian accounting profession should concern us all.
The Tesla CEO began to sell stock worth billions of dollars in late 2021.
AP Photo/Jae C. Hong
Financial accounts don’t currently factor in environmental problems.
As consumers, we can change our lifestyle, our investments and demand change from our governments. Together — along with accountants — we can get there.
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To achieve environmental sustainability, we need strong corporate standards that are quantifiably enforced, accountants trained to accurately measure sustainability — and we must all play a role.
The accounting profession and others in the financial services industry are at risk of extinction due to technological advances.
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In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
EY’s auditors are under fire for failing to spot Wirecard’s missing €1.9 billion sooner.
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It is only with comparable data that scientists can assess whether the measures they implement are effective in protecting citizens, and better prepare for future health crises.
Businesses need to take instant action to prevent cash-flow insolvencies in the midst of COVID-19.
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With hurricane season comes the usual efforts by insurance companies and government agencies to calculate the economic costs. An economist explains how they’re doing it wrong.
Many people aided by the campus admissions scheme wanted to attend the University of Southern California.
AP Photo/Reed Saxon
Despite the leaders of both countries being champions of fighting climate change, research shows both Canada and France are failing to train their accountants in sustainability. Why?
To properly consider climate risks for their business, directors need the financial expertise of accountants.
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Company directors have been put on notice about their duty to consider and disclose climate change risks. And to do that properly they need to call on the expertise of accountants.