Accounting and Tax

Latest Headlines

Latest Headlines

Why Amazon may be a Ponzi scheme

How long can Amazon's free cash flow depend on the construction of warehouses?  

AbbVie's aborted bid for Shire may signal end of inversions

The Treasury's crackdown on "hopscotch" loans is likely to undermine the rationale for inversions going forward.  

Goodwill impairment plunged last year

The amount of goodwill that companies had to write down plunged last year, reflecting the stronger economy and firmer markets, Duff & Phelps reported yesterday. Its annual study of the financial...

The Sustainability Accounting Standards Board wants to be used

Within the developing field of sustainability accounting, the Sustainability Accounting Standards Board is the latest contender for companies' attention. With SASB's standards development process now almost half complete, it is turning its focus to adoption, its CEO notes.

Audit fees at public companies up 4.5 percent last year

PCAOB's push on audit work around internal controls cited as a factor in the higher fees.

Behind the EU's tougher stance on corporate tax havens

The European Union's moves against Apple and Amazon's transfer pricing schemes reflect growing concerns about international tax avoidance, lawyers say.

SEC to focus more closely on how smaller companies use XBRL

Smaller companies are too often ignoring the standard tags put forth by the FASB and approved by the SEC, the new chief economist of the agency, said Tuesday.

Companies engage in fewer but larger share buybacks

Almost one in four companies repurchased enough shares to ensure EPS gains of at least 4 percent in Q2, according to S&P.

'Going Concern' rules could trip up CFOs

A new paper says an accounting rule that puts the onus for disclosing when a company is in financial trouble poses a big challenge for corporate managers.

OECD releases new tax guidelines

Proposed new rules for international tax treaties would crack down on many techniques that multinationals use to limit their liabilities.