Grant Thornton assigned two partners in its Philadelphia office to audits even though the firm had concerns about the quality of their auditing work.
Corporations look forward to a 21% tax rate and immediate expensing of short-lived capital investments.
Finance chiefs and their bosses who don’t help their employers avoid enough tax are more likely to be forced out.
The SEC cleans house at the Public Company Accounting Oversight Board.
Companies wouldn’t have to apply the new standard to 2017 and 2018 leasing results.
The 50 employees at the Securities and Exchange Commission’s office of the chief accountant try to keep up with technology changes like bitcoin.
Non-cash and financing components could become brain busters under the new, principles-based revenue recognition standard.
Investors punish companies for late financial statements, according to new research.
Most small-business owners oppose the current tax-cut bills, according to a recent poll, with many feeling they unfairly favor large corporations.
Despite surging sales and cash flow, company spending on capex continues to lag.