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Business In The News

Thursday, May 23rd, 2013
How Apple's tricky accounting could spark global tax reform
World leaders unite after learning how Apple avoided paying taxes on $74 billion in profits

Wednesday, May 22nd, 2013
Should The Government Use Fair Value Accounting
Dylan Matthews has an opus of wonkery on government accounting, that delightfully touches on some of the geekier issues like the connection between loan payments and what it means-to-be, a question perhaps more broadly understood as something like, "what is the nature of the immortal soul."

Tuesday, May 21st, 2013
Exact JobBOSS ERP Manufacturing Software Integrates with Sage 50 Canadian Edition Accounting Software
American custom manufacturers and job shops seek out shop management software such as Exact JobBOSS ERP created by Exact Software to keep track of accounting records and customers' orders for efficient production operations.

Wednesday, May 22nd, 2013
Why Apple (And Lots Of Other Companies) Wound Up In Ireland
Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays .

Wednesday, May 22nd, 2013
Pay your taxes, Europe warns multinationals
Britain, France and Germany are pushing for the European Union's 27 member nations to share financial intelligence and cooperate on other steps to crack down on corporate tax avoidance. LONDON — European leaders fired a warning shot in the battle against multinational companies that exploit loopholes or set up complicated schemes to minimize their tax bills, calling for collective action to ...

Tuesday, May 21st, 2013
Apple set for showdown on Capitol Hill over corporate taxes
Read full story for latest details.

Wednesday, May 22nd, 2013
Ex-Saab Automobile CEO and CFO arrested for accounting fraud
THREE FORMER Saab Automobile directors have been arrested in Sweden on suspicion of accounting fraud.

Wednesday, May 22nd, 2013
Actavis CEO: Ireland great for paying less tax, but "everybody loves New Jersey too much" to leave
Like Apple, Big Pharma uses accounting and foreign subsidiaries to avoid paying U.S. taxes, but people still like to live in this country.

Tuesday, May 21st, 2013
Avid Announces Receipt of Second Anticipated NASDAQ Letter and Initial Determinations of Its Accounting Evaluation
In March 2013, Avid Technology, Inc. announced that due to the delay in the filing of its annual report on Form 10-K for the year ended December 31, 2012 , it had received a notification letter from the staff of the NASDAQ Listing Qualifications Department stating that the Company does not comply with NASDAQ Listing Rule 5250 , which requires timely filing of periodic reports with the Securities ...

Monday, May 20th, 2013
Giuseppe's Restaurant: A Timeless Fable Of Accounting
This is a re-creation from memory of a story that circulated at General Motors in the early 1960s via Xerox copies. The original author is unknown.