Third bailout for Greece ‘realistic’, says Eurogroup’s chief

Greece might need additional financial support from the eurozone beyond 2014, when the current rescue loan programmes end. Speaking at the European Parliament on Thursday, Eurogroup’s president Jeroen Dijsselbloem said it was ‘realistic’ to expect a third bailout for Athens before it can regain market access. It is clear that despite recent progress Greece’s troubles […]

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EU ministers agree 3-part bailout loan for Greece

Eurozone finance ministers approved on Tuesday the latest bailout aid for Greece, ending a six-month stand-off between Athens and its international lenders. Meeting informally in Athens, EU ministers agreed to disburse a first tranche of over 6 billion euros to be paid at the end of April. Greece will receive two more payments of 1 […]

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Accounting Firm and Consulting Firm News – Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers PwC

The latest edition of the annual Deloitte Solvency II survey of insurers shows that they are preparing for the introduction of Solvency II by changing their approach to calculating capital adequacy requirements. “Solvency II forces insurers to analyse the risks they run across their business and determine the level of capital they need to hold. […]

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Retirement alert Medicare will be insolvent by 2026, Social Security by 2035, report warns Chicag

Retirement alert Medicare will be insolvent by 2026, Social Security by 2035, report warns Chicag The financial condition of the governments bedrock retirement programs for middle and working class Americans remains shaky, with pointed toward insolvency by 2026, according to a report Monday by the governments overseers of Medicare and Social Security. It paints a […]

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Social Security and Medicare Funds Face Insolvency, Report Finds The New York Times

Social Security and Medicare Funds Face Insolvency, Report Finds The New York Times WASHINGTON — The financial outlook for Medicare and Social Security, two of the nations most important social safety net programs, remains precarious, threatening to diminish retirement payments and increase health care costs for Americans in old age, the Trump administration said on […]

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What is a 10 K Report and Why Is It important for Investors

okay very well we learned about credits and debits income statements and balance sheet items T accounts the double-entry principle the accounting equation timing of cash flows and much more here comes the fun part we are ready to open a company’s financial statement and analyze its performance every firm is required to produce financial […]

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