Organizations may pursue a divestiture, a spinoff, or a partial divestiture (also referred to as a carveout) for any number of reasons.
From an accounting perspective, each of these terms means something a little different. For instance, a divestiture typically refers to a company disposing of an entire line of business or separate subsidiary that will usually be defined as a business. A carveout usually entails the disposition of a portion of a business that will need to be carved out of a separate subsidiary or line of business.
Not to change the topic here:
Antares Group Inc. joins accounting association CPAmerica | News | ...
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Accounting firms announce merger | Business Observer | Business Observer
NAPLES — Financial planning and accounting services firm Capital Care Group Certified Public Accountants has merged with the firm of Mary E Lewis-McLaughlin P.A.
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“We are excited to have Mary Beth Join our team,” Capital Care Managing Partner Steven Phillips says in a statement. “Her extensive experience will add to our expertise and reputation for providing high-quality tax and accounting services to the community.”
In the blogs: Re-relief | Accounting Today
Size of this rescue; next season's wrinkles; new blog on board; and other highlights from our favorite tax bloggers.
Quite a lot has been going on:
Greenpro Launches Revolutionary A.I. Accounting Solution
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / December 21, 2020 / Greenpro Capital Corp. (Nasdaq:GRNQ ) today announced that it has launched a new Revolutionary Accounting Solution for small and medium enterprises "SME's".
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Greenpro A.I. Accounting is providing a Revolutionary Accounting Solution to SME's, leveraging on A.I. technology and utilizing the IBM Cloud to provide a one-stop accounting service that is simple, quick, and confirmed cost savings.
Common Errors in Accounting, Tax, Forex Management of FIEs in China
For foreign invested enterprises (FIEs) operating in China, it is not rare to see that a host of problematic issues get disclosed in the year-end audit. Accounting, tax treatment, and foreign exchange management are among the most mistake-prone areas for such entities.
In this article, we list out some of the most common errors observed in FIEs, to help companies optimize their internal finance processes, get the most out of their annual audit, and why it is necessary to secure advice from qualified service providers.
A dive into the stimulus package's tax provisions | Accounting Today
The new round of $600 payments may be one of the highlights of the $900 billion stimulus package created by Congress on Monday, and currently awaiting President Trump's signature, but it also includes a host of tax provisions that accountants and tax professionals should be aware of.
Among the more critical provisions, according to Mark Luscombe, principal federal tax analyst at Wolters Kluwer Tax & Accounting are:
Happening on Twitter
I was quoted in this @GamesBeat article by @jason_wilson on how there were 5 mobile games that grossed over $1 bill… https://t.co/qB2joFEfA8 ZhugeEX (from London, England) Thu Dec 17 23:39:06 +0000 2020
#BiggBoss2020: who accounting to you will be voted out: 1. #EijazKhan 2. #AbhinavShukla 3. #KashmeraShah 4.… https://t.co/VmTgrnDfrl isalilsand (from Mumbai, India) Tue Dec 15 18:02:49 +0000 2020
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