Twin Voyager spacecraft took off 40 years ago carrying a map for extraterrestrials to find Earth. There was little debate in the 1970s about whether aliens would be friendly, but scientists are having second thoughts.
The cash conversion cycle -- a measure of how long cash is tied up in working capital -- shortened to 35.7 days at the country's largest companies last year, according to the CFO/Hackett Group Working Capital Scorecard. However, the data suggest that companies became less efficient at managing their receivables and inventories.
Blockchain databases could prove valuable for ensuring data accuracy and detecting fraud, and they can be created with built-in audit trails. However, blockchain technology also presents certain risks, including problems with implementation and the potential for one entity to gain too much power over the ledger.
Some advocates of a tax overhaul favor a territorial system that would allow US companies to receive profits from international subsidiaries without facing federal tax liabilities. Moving to this type of system would likely have only a modest effect on total shareholder return, according to a new study.
Executives who join a company in turmoil face a number of pitfalls as they seek to get the organization back on track. This article offers six tips for success, beginning with staying emotionally engaged and avoiding the temptation to blame predecessors.
Here is a look at how the new revenue recognition standard could affect large companies such as Amazon, Starbucks and Nordstrom. One major change many retailers could feel involves the treatment of the unused portion of gift cards.
With more Americans living and working abroad, a big challenge for tax practitioners is getting those clients the biggest foreign tax credit. Here's how qualified dividends can complicate that task and what can be done.
Unlimited vacation sounds good, but employees are often anxious about actually using it. One small startup figured out how to improve the creativity and happiness of employees by forcing them to take a vacation week at regular intervals.
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