Journal Of Business Finance And Accounting

Whether the financial institution requires collateral is as much as the lender, and the lending cap is just $50,000 for these loans with aggressive rates of interest. Invoice financing Get quick money circulate to pay invoices or grow your business. Don’t waste hours of work finding and making use of for loans you haven’t any chance of getting — get matched based on your business & credit score profile at present. SEDF received funds from the State of South Dakota to offer loans for recycling and waste management companies at 2.zero% interest for a 20-12 months time period. While extending … Read More

Journal Of Business Finance And Accounting

To meet this mission, the Business Finance Center offers financing and counseling to companies looking for to grow and create jobs. For inquiries related to this message please contact our support group and supply the reference ID under. Each problem features articles that emphasize innovative options to issues that at present confront practitioners. Students retain full autonomy with respect to choice, editing, and publication of articles. Furthermore, members of SJLBF are encouraged to assume both editorial and business duties. Consequently, members benefit from direct experience in operating a business along with vigorous training in legal analysis and writing.

What is

Read More

China says to penalise Luckin Coffee for accounting fraud

BEIJING (Reuters) – Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange.

The Ministry of Finance, which began an investigation into Luckin Coffee (China) and Luckin Coffee (Beijing) in early May, found Luckin booked 2.25 billion yuan ($322.60 million) of sales through fake coupons from April 2019 to the end of last year, it said in a statement on its website on Friday.

It also found Luckin inflated sales by 2.12 billion yuan klik disini during the period, while costs were inflated by 1.2

Read More

Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company’s $2 billion accounting scandal

2020 07 09T000000Z_470162734_RC2LPH9XW46N_RTRMADP_3_WIRECARD ACCOUNTS COLLAPSE.JPG
2020 07 09T000000Z_470162734_RC2LPH9XW46N_RTRMADP_3_WIRECARD ACCOUNTS COLLAPSE.JPG

Reuters

  • Wirecard’s former chief executive Markus Braun has been rearrested in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm.

  • Two other executives — revealed by the Financial Times as Wirecard’s former finance boss, Burkhard Ley, and Stephan von Erffa, ex-head of accounting — were also arrested.

  • Former chief operating officer, Jan Marsalek, has likely escaped to Russia with the “clear help of Russian intelligence,” two officials told Business Insider. 

  • Wirecard filed for insolvency a month ago soon after revealing an amount of 1.9 billion euros ($2 billion) was missing

Read More