In addition to interest on loan, XYZ Bank Ltd would participate in an equity upside. ABC Ltd would be obliged to pay XYZ Bank Ltd an equity upside payment in an amount equal to 50% if there is any ...

After calling it premature in April, columnist Matthew T. Hall argues an accounting scandal and a Securities and Exchange Commission investigation are too big for Loftis not to leave now.

Gross Profit for the fiscal year 2024 increased to $17.2 million compared to a gross profit of $15.9 million in the fiscal year 2023. Gross margin was 28% in the fiscal year 2024 as compared to 24% in ...

We can’t allow a treasurer to be pushed out because of other people’s failures” South Carolina Treasurer Loftis told a House ...

India's first full-time female finance minister—made a statement by carrying a 'bahi khata' instead of the traditional briefcase on Budget presentation day. This move broke away from an age-old ...

Learn how to compare Excel sheets for efficient bank reconciliation with step-by-step tips on data prep, pivot tables, ...

In Brief Many accounting leaders and observers have pointed out the need to expand the pipeline to the profession and suggested ways this could be ...

Artificial Intelligence (AI) has revolutionized accounting, progressing from basic automation to advanced systems that handle ...