Unusual Year Might Impact Oil and Gas Financial Reporting
Over the years, the world has become familiar with oil price fluctuations and the impact they have on oil and gas financial reporting. The supply of oil is affected by numerous factors including wars, growing economies, regulations, new discoveries, etc. In 2014, we saw crude oil prices cut in half in just a few months. Starting in August, prices began falling and, by year-end, they were at their lowest point in over five years.
2014 is now behind us and many entities are preparing their financial statements. As oil and gas exploration companies go through this process, it’s important to keep in mind that the unusual fourth quarter we experienced could result in major financial reporting issues. Read the full story.
Vanguard tops mutual fund survey with $291bn in new business
Vanguard was the world’s most popular investment group last year as it attracted more new business than any other asset manager in the $29tn global mutual fund industry. Read the full story.
by 
Leave a Reply