As a business becomes more complex, it gets difficult to trace costs. If you aren’t sure where your company is making money — or losing it — follow these two steps to simplify:
What is it with daily-deals website Groupon and accounting? The latest snafu came Friday when the company restated earnings to reflect a larger fourth-quarter loss after failing to set aside enough money to account for customer refunds. Groupon’s continuing accounting woes have reignited concerns about its management and internal controls that have dogged the company [...]
To understand your company’s financials, knowing these three measures of if and how money is coming in is a good place to start:
As Major League Baseball moves closer to picking new ownership for the Dodgers, speculation about the eventual sale price has some observers wondering if the various bidding groups have lost their marbles. Could any team, let alone one as sad as this once-storied-but-currently-stymied franchise, really be worth upwards of $1.5 billion?
