No man is an island, or so the saying goes. However, despite the promise of distributed ledger technology, is there a risk of trapping your operation in a silo?
The past week has been momentous for crypto currency proponents, with social media giant Facebook wading into digital assets, but big corporates are unlikely to use it.
Ripple announces a collaboration with money transfer service MoneyGram this week as Facebook is about to disclose its hotly anticipated cryptocurrency project. What does this mean for treasurers? A new mode of exchange.
Jay Harrison, Deloitte’s leader of advisory in audit, Hong Kong, explains how treasurers determine what a “strategic” business shift is under the new FASB rules.
Updates to the FASB reporting guide regarding discontinued operations will expose companies’ strategic business shifts more easily. CT finds out how to mitigate this new risk.
Newly-appointed CFO to ChinaCast Education, Doug Woodrum, has had a torrid few months culminating in the delisting of the company shares on the Nasdaq.
May 14, 2012
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Chinese education company ChinaCast has had its stocks frozen. The new CFO is trying to regain listing compliance but allegations of company theft is making life difficult.