General Electric: 2010 profit=$10 billion Taxes=$0!
You’ve probably heard this by now. General Electric (GE) is paying no taxes in the US despite more than $10 billion in profits for the accounting year 2010! How can this be!? I’s earning a fraction (a tiny, little, minute fraction of the $10 billion to be clear) and I’m paying taxes!! US corporations are usually taxed [...]
Importance of Accounting for Investors
The importance of accounting for investors is huge! Accounting is the language of business. That is what management uses to ‘communicate’ performance to the outside world. However management often wants to communicate only favorable news and this communication is often ‘mis’ communication.
Win $300 worth of tutoring
Contact Us
Book your appointment –>
Accounting tutor
- Accounting: The language of business
- Accelerated Accounting: Summer School
- General Electric: 2010 profit=$10 billion Taxes=$0!
- Accounting for Programmers
- Arithmetic Average vs Geometric Average
- Importance of Accounting for Investors
- Nobel Prize for Accounting!
- Learn Accounting?
- Deferred taxes
- SEC: Securities Exchange Commission
- Accounting Summer boot camp: need I say more? Hurry!
- Did you know that there are different types of averages? Latest post at accountingtutor.org
- Great deal for students: $20 Amazon.com Gift Card for $10! http://t.co/kE0ONQo via @LivingSocial
- RT @jockeymartin: Kohl's takes bigger Q3 hit but posts better sales: N) on Thursday said an accounting change regarding leased pro... ht ...
- Accounting change could hurt profits by up to $75 million at Khols http://bit.ly/gMeR2L
- If Google plaid $6 billion for Groupon, how would the excess of the purchase price be treated from an accounting view?
- “@SwiftEconomics: The Worst Is Over — A Lesson in Accounting 101 for Economists http://bit.ly/9BR8tC #banks” great work here. Read it!
- RT @SwiftEconomics: The Worst Is Over — A Lesson in Accounting 101 for Economists http://bit.ly/9BR8tC #banks
- accounting is b-e-a-u-t-i-f-u-l
- why does other comprehensive income confuse people!?