Thomson Reuters has released a special report, “Four Ways to Avoid Audit and Attest Deficiencies.” The report follows the latest AICPA peer review findings, which were identified during peer reviews of firms that perform audit and attest engagements. Thomson Reuter’s report provides a discussion of common deficiencies identified in peer reviews, such as those [...]
The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update issued Thursday by FASB affects any company or other type of reporting organizations that needs to determine whether it has acquired or sold a business. The [...]
The Etihad Aviation Group Board of Directors on Tuesday announced the departure of James Hogan, the company’s President and Chief Executive Officer. Hogan will step down from his position in the second half of 2017, Etihad Airways said in a statement. It added that Hogan will join an investment company along with Etihad [...]
Dubai: Visitors to Dubai searching for accommodation via Airbnb better be prepared — the city has the “most expensive monthly average Airbnb cost at $15,892”, according to a survey of costs across global cities. In comparison, Kuala Lumpur had the most affordable monthly average Airbnb of $1,664, says findings by Nested, a London based [...]
