The business model behind .cm websites

Ever wondered what happens when we type a website name ending in .cm instead of .com. Well this is what happens. The .cm country code is owned by Cameroon. Not many websites are registered in the country. But the similarilty of .cm with .com makes it a big business...

The Social Security crisis

Over the past few months, a lot has been said about the future of Social Security. And most of it is not very pleasant. Most of us are wondering whether we will be able to reap the benefits of our Social Security in our old age. Reading an article recently I found...

Gender Discrimination in Inflation rates!!!

The inflation rate for women is higher than that for men. The Consumer Price Index for products catering to women (jewellery, clothing, shoes, cosmetics, household appliances) is higher than for products targeting men. Year over year inflation rate in the US, for...

Vishing for another security threat

  Now that we have stopped replying to those phishy emails from someone potraying to be our banks, well here comes vishing. Its a new form of security threat we need to safeguard ourselves against. This time around its not about clicking on a link its about...

Are the Big 4 taking over FASB

  I just read this article in cfo.com about how the Big 4 accounting firms were reinterpreting the cash flow standard without oversight. The lack of clarity in Financial Accounting Standard No. 95, Statement of Cash Flows, has allowed the Big Four accounting...

SOX: Profitable for the accounting firms

  With greater regulation in the accounting industry and a higher number of services of accounting firms being used by companies, the accounting industry is seeing a higher growth rate. The CCH’s Public Accounting Report, a biweekly newsletter for accounting...