Happy Holidays, denizens of Going Concern. We'll be off tomorrow and Monday. If you still haven't thought of a gift for that special co-worker in your life, we humbly implore you to suggest they sign up for our newsletter. Thanks for reading.
Google's tax avoidance
Bloomberg reports that Google, the subsidiary of Alphabet (fka Google), moved some money — about $15.5 bilion — around Europe and into Bermuda, saving the company $3.6 billion in taxes in 2015. According to filings in the Netherlands, this is a 40% increase from 2014.
A Harvard Business Review article outlines a study that found the five most not-talked-about things within companies, which include "prickly peers" "lazy and incompetent colleagues" and "management chaos." Not not-talked-about in the sense that people don't talk about these things, it's just that it 78% complain to someone else rather than the people directly involved.
University partner viewpoint: New managers have it rough
For anyone who's recently moved into a manager position for the first time, this article from Benedictine University says not to worry, it's okay to feel overwhelmed.
Previously, on Going Concern…
Greg Kyte's Exposure Drafts revealed how Kris Kringle lost his CPA license.
In other news:
- Uber pulls self-driving cars from San Francisco streets
- Percentage of Young Americans Living With Parents Rises to 75-Year High
- Facebook lurking makes you miserable, says study
- Christmas Is Bird-Counting Season For 60,000 Americans
- How latkes took over your Hanukkah table
- Best of media corrections, 2016 edition
Get the Accounting News Roundup in your inbox every weekday by signing up here.