Quality is foundational in everything we need to do as a CPA to be the trusted advisor for clients. That really begs the question, can you really rely on the tools that you use for your audits? This is an important question to ask. If fact, there are two aspects to consider – the content and […]
Archives for September 2019
Recommending Clients and Business Contacts
One of the many things I love about working with the variety of clients we have is being able to recommend them to each other. We work with very few businesses which offer the same service so the opportunities to recommend are extensive. As a business we use our clients to provide services – boiler […]
Saudi oil exports to run as normal from stocks this week: source
Saudi Arabia’s oil exports will continue as normal this week as the kingdom taps into stocks from its large storage facilities, an industry source briefed on the developments told Reuters on Sunday.
Instant View: Reactions to attack on Saudi oil facilities
Yemen’s Iran-aligned Houthi group on Saturday attacked two plants at the Abqaiq plant, the heart of Saudi Arabia’s oil industry, in a strike that could impact about 5 million barrels per day of crude production – close to half of the kingdom’s output or 5% of global oil supply.
Microsoft’s Brad Smith: Tech companies won’t wait for U.S. to act on social media laws
Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that U.S. tech companies will change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers take action.
British Airways cancels flights on September 27 due to strike
British Airways said on Thursday it is cancelling some flights scheduled for Sept. 27 when its pilots are due to hold another strike.
FASB Proposes Debt Guidance
The FASB proposes debt guidance for public comment. This proposal is intended to improve guidance used to determine whether debt should be classified as a current or noncurrent liability in a classified balance sheet. Stakeholders are encouraged to review and comment on the proposed ASU by October 28, 2019. In January 2017, the FASB proposed debt guidance, which contained […]
Filing Taxes By Extended Deadline-What Have We Learned Since April 15?
The Internal Revenue Service (IRS) predicts that more taxpayers than ever before have chosen to wait to file their 2018 individual tax returns until the October 15, 2019 extended deadline. This is thought to be due to the many changes brought about by the Tax Cuts and Jobs Act and the continuing flow of guidance […]
Factbox: Purdue OxyContin settlement would rank among largest in pharma history
OxyContin maker Purdue Pharma LP is nearing a multibillion-dollar partial agreement aimed at settling thousands of lawsuits over its alleged role in the U.S. opioid crisis, Reuters reported on Wednesday, citing people familiar with the matter.
Apple reveals triple-camera iPhone, undercuts Disney streaming TV price
Apple Inc revealed on Tuesday that its streaming TV service will kick off Nov. 1 and cost $4.99 a month and new cameras for the latest iPhones, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.