U.S. Foreign Tax Proposal Would Roil Financial Sector
The Foreign Account Tax Compliance Act has many moving parts. But careful prep work by U.S. firms now could help them avoid costly penalties, some say.
Effective Tax Rate Rises for Industrials
U.S.-based firms have higher ETRs than their global counterparts. But some will benefit from favorable tax treatments they receive on their investments in emerging markets.
Backdating Stock Options Still a Risky Play
A Silicon Valley court loss shows how much a CFO may still be on the hook for improperly accounting for employee compensation expense.
Why Bankruptcy Should Matter in Lease Accounting
A new approach to change lessee cost patterns is gaining momentum with FASB and IASB members.
Transatlantic Divide Grows Over Audit Rotation
Europeans have a different tolerance level for mandatory auditor rotation practices than their U.S. peers, which could lead to a permanent divide in auditor practices globally.
Watchdogs Put Closer Eye on Broker-Dealer Accounting
Regulators like the FINRA are taking a closer look at broker-dealers just as accounting missteps are on the rise.
CFOs Warm to More Frequent Tax Talk
Internal tax advisers are front and center at C-suite doors on a more regular basis.