Audit Reports Could Face Biggest Shake-Up Yet
A new proposal by the PCAOB could bring sweeping changes to audit reports and what auditors sign off on.
Small-Biz Reporting Framework Should Help Lenders
A new financial reporting framework for small businesses is easier for bankers as well as filers, says the AICPA.
How an Aluminum Manufacturer Encourages Sustainability
Aleris Corp. not only offers aluminum products but also ways to recycle them, its CFO explains.
Standards Call For Green Disclosure in SEC Filings
More non-financial disclosures in 10-Ks could become commonplace if new sustainability accounting standards gain acceptance.
Why Firms Don’t Pay Their Invoices
It's not always the reason you think. Payment problems often originate at the vendor that is sending out the invoices.
Companies Using “Missing Months” to Play Accounting Tricks
A recently published academic paper sees a trend of firms using the missed months in reporting cycles to their benefit.
Steep Climb Ahead for Level Tax Playing Field
The OECD's global plan will be tough for corporations to comply with, experts say.
How Audit Skepticism Has Fallen Short
Skepticism among auditors has been on the wane and needs to return in a big way, according to a panel of experts at a PCAOB small business forum.
Banks Have More Time to Comply With Offshore Tax Rule
With questions remaining over country agreements, the government has given financial institutions a six-month breather.
Revenue Dip Signals Post-Recession Weakness
A new study shows that revenue from non-financial companies fell more than 5 percent through March, which could mean the start of a slowdown in the economy.
Why Some Forecasting Can Be a Waste of Time
A new survey shows companies are using only about half of the potential productivity involved in their budgeting and forecasting.