Groups say loopholes in securities laws allow activist investors to secretly buy large stakes in companies before initiating hostile takeovers.
The lawsuit accused Freddie Mac executives of misleading investors about the amount of subprime housing loans on the GSE's books.
If tax officials find that a business has “nexus” in a state, the penalties and interest they charge can easily double the tax the company…
By demanding share buybacks and dividends, which are paid out of cash reserves, activists threaten debt repayments.
"Fiscal policy should be better calibrated to the strength of the recovery," Christine Lagarde said.
Zero-based budgeting starts with no assumptions about what it will take to run and grow the business for the next 12 months.
FASB responds to feedback that having different balance-sheet presentation for for debt issuance costs and debt discount spawns unneeded complexity.
The PCAOB staff plans to discuss auditors’ responsibilities for accounting estimates with the Standing Advisory Group in June.
As a result of Basel III, some banks will pass costs along to their customers.
The former chief of TelWorx Communications falfsified earnings and revenue in the runup to an acquisition, the SEC says.