Priya PatelLet’s see what’s in the news today.
World’s First Billionaire Studied Accounting Just For 10 Weeks. This Is His Story
From the money he saved and a loan from his father, John D Rockefeller opened his first business in 1859. Mr Rockefeller joined the oil business in 1870 and focussed on refining the crude oil.
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ACCA survey reveals declining confidence among accountants,
The GECS report indicates that concerns among accountants about increased costs have eased slightly. However, these concerns remain elevated by historical standards.
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Thai SEC to ramp up supervision of high-yield bonds following defaults and accounting scandal
The SEC plans to proactively contact companies when there are potential issues with their ability to service high-yield debt, in order to provide early warning signals.
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Accounting watchdog cuts red tape as ministers press regulators for UK growth
The City’s accounting regulator has confirmed a newly slimmed down rulebook to ease the red tape burden on firms “support growth”.
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Durham Public School sees some staff walk out after salary error
An accounting error has thrown Durham Public School into a state of uncertainty
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