Cash flow is a constant challenge for lower-tier subcontractors and suppliers in the construction industry. Engaging in factoring—the assignment of accounts receivables to third-party lenders or ...
Directors are investigating the auto supplier’s complex financing arrangements and off-balance-sheet debt, including how more than $2 billion that may be due to third parties was accounted for.
Most company accounts are not meeting the needs of investors in factoring in the related risks of climate change, Britain's audit watchdog has told the boards of British firms.
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