Actually, the accounting fraud that the bankrupt law firm's former top executives allegedly engaged is more like WorldCom's, say experts.
The president's proposals represent a hit list on companies that avoid tax by stashing income abroad and take advantage of a host of breaks at home.
After a banner 2013 for FCPA enforcement, 2014 looks as if it will offer more of the same
Banks and non-financial companies would see taxes rise under Republican leader Dave Camp's plan
MasterCard and Basware, Ariba and Discover are rolling out e-payment solutions.
Risk managers are optimistic about the year ahead, but some are wary of Congress' plan to replace the recently expired federal backstop for terrorism coverage.
Top executives and board members see regulatory changes, scrutiny as biggest concern for 2014; concern about economy lessens.
A court ruling in favor of SAIC over a scandal-marred NYC payroll project means companies needn't disclose potential losses from government investigations.
Digital companies' claims that they do not game the international tax system are beside the point. Its the results that the authorities want to change.
The increase in Time Warner's lease obligations from the sale of its headquarters could reduce the balance-sheet benefits of its magazine spin-off, but will be buried in its footnotes until 2017 at the earliest.