When people buy new cars, auto dealerships make money. When they don’t, dealerships still find a way to make money. A dealership typically has four profit streams: new vehicle sales, used vehicle sales, parts and service departments, and finance and insurance offices. This gives dealers some kind of product or service to offer in good…
The continuing conflict in the Middle East is leading to soaring commodity prices along with supply chain disruptions, and accountants are feeling the pressure, according to a new survey released Tuesday by the Association of Chartered Certified Accountants and Institute of Management Accountants. Processing Content The ACCA and IMA’s quarterly Global Economic Conditions Survey for…
Good morning, Hubsters. Senior reporter Michael Schoeck here with the US edition of the Wire from New York, filling in for editor-in-chief MK Flynn today, who’s attending a media event in town. We’ll kick off the week with a medical equipment deal exclusive from healthcare reporter John R Fischer. John caught wind of an Arlington…
The Public Company Accounting Oversight Board released questions and answers for QC 1000, A Firm’s System of Quality Control, ahead of its Dec. 15, 2026, effective date. Processing Content The new resource aims to help auditors implement QC 1000 and other new standards, covering topics like terminology, firm risk assessment process, documentation and more. Terms…
For an establishment to be sued on liquor liability grounds in Florida, plaintiffs must show that the bartender knew the over-served, drunken driver was an addict. The plaintiffs also cannot expect to prevail if an amended complaint—naming a different driver—is substantially different from the initial lawsuit and was filed years later, a Florida appeals court…