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Energy Queensland claws back millions after IT cost scare

There is no excuse : CA lawmakers demand EDD fix disaster it created Agency s director vows changes

ZIP Advertisement There is no excuse : CA lawmakers demand EDD fix disaster it created. Agency s director vows changes Share Updated: 7:36 PM PST Feb 3, 2021 There is no excuse : CA lawmakers demand EDD fix disaster it created. Agency s director vows changes Share Updated: 7:36 PM PST Feb 3, 2021 Hide Transcript Show Transcript JOHNSON HAS DETAILS. BRITTANY: CALIFORNIA’S LAWMAKERS HAVE HAD ENOUGH. SOUNDING OFF AGAINST THE EMPLOYMENT DEVELOPMENT DEPARTMENT AT THE CAPITOL, DEMANDING ANSWERS AS TO HOW THE AGENCY FAILED TO PLA FOR AN ECONOMIC DOWNTURN, WHICH LEFT THE DEPARTMENT UNPREPARED TO GUARD AGAINST AND WEED O $11 BILLION, MAYBE AS MUCH AS $30 BILLION IN FRAUDULENT CLAIMS, ALL BUT FREEZING OUT CALIFORNIANS WHO HAD LEGITIMATE UNEMPLOYMENT CLAIMS. WE TOLD YOU ABOUT TWO SCATHING REPORTS FROM ESTATE AUDITOR ABOUT HOW EDD FAILED MISERABLY. TODA SHE PRESENTED HER FINDINGS TO THE LEGISLATURE. WHAT PERCENTAGE OF THE RECOMMENDATIONS THAT YOU R

Clarifying compliance with IFRIC agenda decisions

The 2020 update of the IFRS Due Process Handbook clarifies the role of IFRIC agenda decisions within the IFRS framework. Here are the facts accountants need to know. By Megan Breen The nature of agenda decisions produced by the International Financial Reporting Standards Interpretations Committee (IFRIC) has been clarified in the IFRS Due Process handbook.  In April 2019, the IFRS Foundation proposed changes to the previous wording that referred to agenda decisions as “helpful, informative and persuasive” as there was some concern that this wording may have caused confusion as to the applicability of IFRIC agenda decisions when preparing IFRS based financial statements.

Bitcoin surges to record high on Tesla s $US1 5b investment; Australian shares to slip

The local share market wipe out two days' worth of gains as Macquarie Group, Suncorp, James Hardie and other major companies announce their results. Bitcoin surges to its highest levels after Tesla reveals it has invested $US1.5 billion in the volatile cryptocurrency.

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