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News
Netflix shares fall most since March as tax dispute hits results
10+ mon, 3+ week ago (594+ words) "We don't expect this matter to have a material impact on future results," the company said....
Berkshire Hathaway shares drop more than 4% after poor fourth-quarter results, no bold moves by new CEO
6+ mon, 1+ week ago (263+ words) The results mark an early challenge for Abel, who succeeded Warren Buffett as CEO at the start of 2026...Brian Meredith of UBS said that while quarterly results came in weaker than expected, Berkshire's defensive...
IFRS 18: A fundamental redesign of financial statement presentation
9+ mon, 1+ week ago (1575+ words) In many cases, APMs presented the data more favorably than the underlying results, leaving investors...The new standard is the result of years of consultation with investors, regulators, accounting bodies...The result is a patchwork of reporting practices where companies…...
How to protect nonprofits from hidden fraud risks
5+ mon, 1+ week ago (776+ words) Another egregious case that did not receive the same level of media attention resulted in losses exceeding...An NFP’s leaders may feel pressure to manipulate financial results to procure additional funds for the...Common techniques of manipulating financial results include…...
American Express, credit card provider to the wealthy, wants even more high spenders
7+ mon, 2+ week ago (489+ words) cash back cards, CEO Stephen Squeri told analysts Friday after the company reported fourth-quarter results...up 3% and 5%, respectively, during the quarter, showing that the richest cardmembers are driving results...
Trump's tax cut delivers at least $65B windfall to corporations
5+ mon, 1+ week ago (1070+ words) country's wealthiest corporations are calculating they owe far less to the Internal Revenue Service as a result...biggest US-listed companies attributed a drop in federal cash income taxes last year as a direct result...
Nidec warns of $1.6B charges from accounting scandal
6+ mon, 1+ week ago (798+ words) Nidec warned there could be additional charges that would impact its past financial results, with third-party...As the scandal grew, so did the fallout: the company delayed financial results, had its credit rating...
What is the best way to implement testing?
6+ mon, 3+ week ago (771+ words) process, or not explaining clearly to candidates why they need to be tested, can have disastrous results...interview (accounting leader + HR): Provide the accounting leader with a concise summary of test results...
How financial tracking identifies property improvements
2+ mon, 5+ day ago (723+ words) This doesn't always yield results....gaps worth addressing to ensure better data and more accurate property improvement evaluations as a result...
Audit quality: Moving from a document to a system
10+ mon, 2+ week ago (742+ words) Most firms drafted these by making a few changes to a one-size-fits-all resource, resulting in a static...monitoring at regular intervals with root cause analysis and remediation when something goes wrong and results...