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Revenue Recognition Trips Up Auditors, Clients
Audit firms that were found deficient during PCAOB inspections usually accepted the way a client company accounted for sales in the past, rather than checking for updates. September 16, 2008
Will Congress Act to Save Tax Break on Foreign Subs?
A rule that has nearly halved the effective tax rates on some controlled foreign corporations must be renewed by the end of the year, or else. August 25, 2008
IRS Swats the Killer B
For the second time this summer, the IRS attacks a loophole that allows "effective repatriation" of profits without reporting the associated income. July 29, 2008
Revenue-Recognition Rules: From the Many, One?
Coming this fall, a sneak peek at a slimmed-down revenue recognition rule. Software companies and other interested parties: Here's your chance to make some noise about it. July 17, 2008
Going for the Gold
Can a savvy finance strategy propel Women's Professional Soccer to post-Olympic glory? July 15, 2008
You’ve Got Charges: SEC Sues Ex-AOL Time Warner Execs
After a six-year investigation, the commission files fraud charges against eight former executives for allegedly inflating ad revenue. May 19, 2008
Corporations Escape Patent Threat
A federal judge bars enactment of a cap on the number of revisions a company can make on a patent application. April 4, 2008
For CFOs, Green Is the Color of Money
Finance chiefs are viewing environmental and sustainability efforts through a new prism: profiting from saving the planet. March 27, 2008
York: A Long, Ugly, Deep Recession
Jerry York's advice to CFOs: "Watch your receivables like a hawk." March 11, 2008
The Shaq Attack on Fair Value
An accountant invokes the world of hoops to disparage fair-value purchase accounting. March 4, 2008