Auditor independence violations can spawn significant costs, distract management and limit a company’s access to the capital markets
And the amount of tax data companies report changes in response.
The Financial Stability Board wants systemically important banks to hold capital equal to as much as 20% of risk-weighted assets.
The volume of calls to the whistleblower hotline merely scratches the surface when it comes to gauging how successful a compliance program is.
PwC helped multinational companies obtain at least 548 tax rulings in Luxembourg from 2002 to 2010, according to papers obtained by the ICIJ.
But a major sticking point might be whether extenders like the R&E tax credit and bonus depreciation should be permanent.
Will new regulations spark an exodus of corporate cash from money market funds?
Voters in Alaska, Arkansas, South Dakota and Nebraska passed measures to raise the minimum wage to as much as $8.50 per hour.
The companies failed to report or misreported highly dilutive financing agreements, the regulator said.
As compliance with Basel III makes capital more expensive, big banks are trying to be more selective in the companies they lend to, says new research.