Removing Unsightly Tax Credit Buildup
The tax extenders bill in Congress will enable companies to use accumulated minimum tax credits.
Ex-Diebold CFOs Charged with Fraud
Three former finance executives of ATM maker Diebold are charged with accounting fraud by the SEC.
Something Wicked This Way Comes
Fraudsters are preying on corporate coffers and catching the crooks will take more than accounting controls.
Leases Headed for the Balance Sheet
The upcoming joint FASB/IASB exposure draft on lease accounting will put an end to off-balance-sheet treatment for leases, while throwing in some new complications.
Tax Sticklers, Not Schemers
A new survey finds that financial executives are more concerned with getting the right answer on tax issues than reducing the corporate tax bill.
A One-Two Accounting Punch?
Next year U.S. public companies will find out if they have to adopt international accounting standards – just as they are implementing a host of new FASB rules.
Double Trouble? Maybe Not
Companies that face simultaneous audits find that it pays to be diplomatic.
Gauging the Reach of Reform
CFOs are still mulling the impact of health-care reform, with little immediate visibility.
Unfazed by IFRS
Would switching to international accounting standards have a major effect on your company? Maybe not, said panelists at a recent accounting conference.
The IRS Picks On the Little Guy
Tax audits of big companies have declined as the Internal Revenue Service shifts its attention to smaller businesses.