The International Accounting Standards Board is looking for feedback on some targeted improvements it's proposing to make to improve the requirements for recognizing and measuring provisions on ...

Section 13(b)(2)(B) of the Securities Exchange Act of 1934 (“Exchange Act”) (“IAC Provision”) requires public companies to have “internal accounting controls” that, broadly speaking, are sufficient to ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The accounting reform bill that sailed through Congress this week would increase the statute of limitations for private securities fraud cases, raise the maximum criminal prison sentences for wire and ...

FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced that Halfords, the UK's leading retailer of motoring, cycling and leisure ...

Of the many taxpayer-friendly provisions in the One Big Beautiful Bill Act, the changes made by Code Section 174 are among ...

Establishing a provision for obsolete inventory and creating an inventory reserve write-off account lets you write off the value of your obsolete inventory on a perpetual basis. If your business only ...

The Telecom Regulatory Authority of India (TRAI) today released draft amendments relating to The Telecommunication Tariff (Seventy Second Amendment) Order, 2025 and ''The Reporting System on ...

WASHINGTON (AP) - American Indians who claim the government squandered billions in revenues from their land won a victory Wednesday when the House killed a provision that would have prevented a full ...

ARLINGTON, Va., Feb. 24, 2022 /PRNewswire/ -- Bloomberg Tax announced today that its Bloomberg Tax Provision has been named to Accounting Today's 2022 Top New Products. The list recognizes the best ...