Focus
accounting
PwC Accused of Inflating Evergrande’s Income by $77 Billion
PwC is now one of three of the Big Four accounting firms working in China who have been embroiled in financial scandals.
More Chinese Billionaires Going Public With Stocks in Hong Kong in 2018
The shift of funds out of China is pushing Hong Kong to the top of the global market for initial public offerings (IPO).
US Probes E-commerce Giant Alibaba’s Accounting Practices
WASHINGTON— Chinese e-commerce giant Alibaba says it is under investigation by U.S. regulators in connection with its accounting practices.The company is the world’s biggest e-commerce platform, with more than 420 million people buying $485 billion w...
Zero-Based Budgeting: Everything Old Is New Again
What is zero-based budgeting, and is it really the cure-all – as it’s portrayed to be – for our government’s spending woes?
Investing in U.S.-Listed Chinese Companies Becomes Even Riskier
As SEC caves on accounting disclosure requirements, Chinese-based U.S. publicly traded companies become even riskier investments.
McDonalds February Sales Influenced By Leap Year
McDonald’s same store sales drop on an absolute basis, but are higher than expectations and up on an adjusted basis.
