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The Justice Department said Friday that British Petroleum has agreed to pay a record-breaking $18.7 billion settlement to resolve claims related to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010, but advocacy groups are warning that the settlement is largely tax deductible for BP.
July 2 -
The U.S. Bureau of Labor Statistics reported Thursday that total nonfarm payroll employment increased by 223,000 jobs in June, sending the unemployment rate down two-tenths of a point to 5.3 percent.
July 2 -
Accounting Today is issuing a call for nominations for its 2014 Top 100 Most Influential People in Accounting list.
July 2 -
The Federal Trade Commission says that 2014 marked the fifth consecutive year that tax-related identity theft was the most common form of reported identity theft.
July 2 -
Singer-songwriter Robyn Rihanna Fenty may be sending a chilling message to her former accountant in her new music video B*tch Better Have My Money. Rih-Rih kidnaped, tortured, and had a marijuana love fest with a high net-worth woman, who turns out to be the wife of Rihannas former accountant, aka The B*tch.
July 2
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The American Accounting Association has retracted 25 articles written or co-authored by a former accounting professor who was forced to resign after his university uncovered a pattern of misconduct.
July 2 -
The Federal Bureau of Investigation raided the offices of a Connecticut accounting firm Tuesday and seized documents in connection with a fraud complaint.
July 2 -
EY announced on Tuesday that a record 350 underprivileged high school students graduated from its College MAP (Mentoring for Access and Persistence) program this year, with 97% of those students going on to attend a two or four-year college in the fall. The firm awarded close to half a million dollars in scholarships to these students in 2015 and 100% have received federal or state financial aid.
July 2
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Is turning out the lights an option?
July 2 -
