Under a Financial Accounting Standards Board proposal, companies could reflect the effects of the new 21% rate on their balance sheets.
But billionaire investor Sam Zell wonders when it was that BlackRock CEO Larry Fink “had been made God."
General Electric's three core assets — power, aviation, and healthcare — may one day be up for grabs.
The board offers an option it thinks will cut paperwork and other expenses linked to its new lease-accounting standard.
The IRS and Treasury rush to clarify uncertainties about repatriation of offshore earnings.
Morgan Stanley, Darden Restaurants also report effects of the tax cuts.
"These issues apply to all modern processors and affect nearly all computing devices and operating systems."
Although the SEC provides guidance, it offers no relief from time pressures.
“Firms are only capable of sustainably maintaining their dividend payouts provided they are generating sufficient free cash flow,” researchers…
The new tax cuts will make winners out of companies with big deferred tax liabilities and losers of those with large tax assets, an expert forecasts.