White Sky is Australia’s biggest music business accounting firm. “I didn’t have any grand vision for anything like what White Sky has become,” said founder Tom Harris. “At the time, my motivation was purely that I wanted to hang out with people that wanted to talk about music all day like I did.” Read more.
Rather than spend the $150 million or so necessary to shine it up, or take a loss by putting it directly on the HBO MAX service that, according to other reports, is heading for its own rocky shoals, executives probably figured that snuffing it out under the purchase accounting allowance was the least bad option. …
As the world goes through a tough economic period, interest rates rise and consumers tighten their belts, the analysis of listed company debt becomes more and more pertinent. Put succinctly, profitable, cash-generative companies without debt are highly unlikely to go bankrupt overnight. Thus more debt (and less in terms of profits) often correlates with higher …
Understanding company debt and the impact it can have on picking stock Read More »
93% of senior finance executives say investing in finance and accounting is essential for sustaining business growth. However, only 24% of executives say they are investing in these functions to drive growth. Rather, they say they are focusing resources on efficiency, resulting in potentially limited expansion opportunities. Read more
Nicolaas van Wyk There is an upside to the newly introduced criteria SARS introduced for tax practitioners, argues SAIBA CEO Nicolaas van Wyk. Chief of which is that further rules will result in additional respect for practitioners. It’s easy to look at the new criteria for tax practitioners and only see more admin for yourself. …
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