Accounting & Tax

Tax

Sizing Up Uber’s Fate in Transfer Pricing Audits

Tax authorities in the United States and several other countries are investigating Uber, even though it's a loss company and therefore owes no income taxes.
Applications

Financial Application Buyers Are Stuck in the Present

In making software-buying decisions, finance organizations are too focused on gaining efficiencies and not enough on future digital needs, says Gartner.
Human Capital & Careers

More U.S. Companies to Allow Remote Working

More than half of U.S. companies said they offer remote working to increase employee retention, according to a new global workplace survey.
Budgeting

Spreadsheet Risks Still Being Ignored by C-Suite: Study

Frontline managers recognize the risks in using spreadsheets, but many are not in a position to change things or don't know how to begin.
Tax

Tax on Nonprofits Could Snare Companies, Too

A new excise tax on executive pay at tax-exempt entities may also apply to their affiliated for-profit companies, IRS guidance suggests.
Auditing

Ex-EY Partner Sanctioned Over Inadequate Audit

The PCAOB says William Trainor improperly concluded he did not have to issue an adverse ICFR opinion for Forest Oil.
Financial Performance

Beyond Meat Sales Go Beyond Estimates in Q1

The company says its first earnings report since going public demonstrates "mainstream consumers' desire for plant-based meat products."
Auditing

PwC to Restructure U.K. Audit Practice

Amid growing pressure from regulators, the firm announced plans for a significant transformation of its audit business.
Tax

Tax Departments Are Starving for Technology Investment

The tax function needs the same kinds of modern tools that finance and accounting are increasingly acquiring, Deloitte says.
Financial Performance

Campbell Soup Tops Q3 Earnings Estimate and Lifts 2019 Outlook

Snack sales from the company’s purchase of Snyder’s-Lance is credited for the boom.
Financial Performance

GameStop Shares Drop 29% After Dividend Halt

The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.
Banking & Capital Markets

Flower Delivery Service FTD Files Bankruptcy

The company says its finances have wilted as the expected benefits from its $430 million acquisition of ProFlowers have not materialized.
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